CFDs on Gold (US$ / OZ)
Long
Updated

Gold Price Key Levels Analysis

3 068
This chart highlights key resistance and support levels for gold. The Key Resistance Level at 5,506.344 is a potential price rejection zone, where a breakout or rejection could occur. Minor Resistance at 5,313.157 is a possible pullback zone. The Support Zone at 5,142.301 is expected to hold or bounce, while Critical Support at 4,992.430 is a key level for a potential bullish reversal. The Extreme Support at 4,706.062 represents a significant reversal area where a strong recovery may take place. Traders should monitor these levels for price action confirmation
Note
The trade has delivered 400+ pips so far, with price continuing to respect the established bearish structure. Momentum remains supportive, and the position stays held while conditions remain favorable.
Note
The trade has now delivered 500+ pips, with price continuing to respect the overall structure. Momentum remains supportive, and the position stays held while conditions remain favorable.
Note
The trade has now delivered 600+ pips, with price continuing to respect the established structure and momentum. The position remains held while conditions stay favorable.
Trade active
Note
The trade has now delivered 1000+ pips, with price respecting the established structure and momentum. The position remains held while conditions continue to support the move.
Note
The trade has now delivered 1300+ pips, with price continuing to respect the overall market structure and momentum. The position remains held while conditions stay supportive.

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