Gold Spot / U.S. Dollar
Long
Updated

Gold

1 365
Gold is currently consolidating after a strong bullish move. Price is holding above the key support zone around 4,590–4,600, indicating buyers are still active. The structure suggests a possible pullback into support, followed by a bullish continuation.
If price respects the support area, we may see a strong push toward the 4,880–5,140 resistance zone. A clean break and hold above current highs will confirm further upside momentum. However, a breakdown below support could open the door for a deeper retracement toward 4,400.
Bias: Bullish above support
Key Support: 4,590 – 4,400
Key Resistance/Target: 4,880 → 5,140
Trade active
As we analysis gold fall then rise up

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.