Structure | Trend | Key Reaction Zones
Price is moving inside a parallel channel 📊 after aggressive buying.
Support formed near 3,360–3,362 zone 🛡️ (accumulation / buying zone).
Resistance remains at 3,376–3,378 order block 🔻.
Market Overview
Gold rejected liquidity near 3,378 🚨, leading to pullback.
Current structure shows accumulation signs 🟢 – if support holds, buyers may step back.
Trend bias remains bullish, but short-term pullbacks possible.
Key Scenarios
Bullish Case 🚀
Accumulation at 3,360–3,362 zone holds.
🎯 Target 1: 3,372
🎯 Target 2: 3,376–3,378 liquidity zone 💎
Bearish Case 🔻
Failure to hold 3,360 zone could extend selling.
🎯 Target: 3,352 → 3,345 🛑
Current Levels to Watch
Resistance: 3,372 / 3,376–3,378 🔼
Support: 3,362 / 3,352 🔽
⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.
Price is moving inside a parallel channel 📊 after aggressive buying.
Support formed near 3,360–3,362 zone 🛡️ (accumulation / buying zone).
Resistance remains at 3,376–3,378 order block 🔻.
Market Overview
Gold rejected liquidity near 3,378 🚨, leading to pullback.
Current structure shows accumulation signs 🟢 – if support holds, buyers may step back.
Trend bias remains bullish, but short-term pullbacks possible.
Key Scenarios
Bullish Case 🚀
Accumulation at 3,360–3,362 zone holds.
🎯 Target 1: 3,372
🎯 Target 2: 3,376–3,378 liquidity zone 💎
Bearish Case 🔻
Failure to hold 3,360 zone could extend selling.
🎯 Target: 3,352 → 3,345 🛑
Current Levels to Watch
Resistance: 3,372 / 3,376–3,378 🔼
Support: 3,362 / 3,352 🔽
⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.
📊 Forex & Gold Education & Analysis:
t.me/kngoldtrader
t.me/kngoldtrader
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📊 Forex & Gold Education & Analysis:
t.me/kngoldtrader
t.me/kngoldtrader
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.