🧭 General Overview
Instrument: Gold Spot / USD (XAU/USD)
Timeframe: 30-minute
Current Price: 3,958.59
Trend: Overall bullish, but showing short-term correction
📊 Key Technical Elements on Chart
1. Bullish Trendline
The green upward trendline labeled “Bullish Trend” indicates that gold remains in a long-term uptrend.
Price is currently testing this bullish trendline — a crucial support area.
2. Resistance Zone
The resistance line near 3,992–4,000 marks the recent swing high where price was rejected.
Each approach to this zone triggered a pullback, indicating strong selling pressure ther
Instrument: Gold Spot / USD (XAU/USD)
Timeframe: 30-minute
Current Price: 3,958.59
Trend: Overall bullish, but showing short-term correction
📊 Key Technical Elements on Chart
1. Bullish Trendline
The green upward trendline labeled “Bullish Trend” indicates that gold remains in a long-term uptrend.
Price is currently testing this bullish trendline — a crucial support area.
2. Resistance Zone
The resistance line near 3,992–4,000 marks the recent swing high where price was rejected.
Each approach to this zone triggered a pullback, indicating strong selling pressure ther
Trade active
Gis holding above 4000 support area continuation upward channel. The market structure shows uptrend momentum and phase the targets beyond 4007 0n strength.
t.me/PRICEACTIONFOREX007
IAM FOREX PROFESSIONAL TRADER IAM PROVIDING BEST AND HUGE PROFITABLE FORECASTS
t.me/PRICEACTIONFOREX007
IAM FOREX PROFESSIONAL TRADER IAM PROVIDING BEST AND HUGE PROFITABLE FORECASTS
t.me/PRICEACTIONFOREX007
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.
t.me/PRICEACTIONFOREX007
IAM FOREX PROFESSIONAL TRADER IAM PROVIDING BEST AND HUGE PROFITABLE FORECASTS
t.me/PRICEACTIONFOREX007
IAM FOREX PROFESSIONAL TRADER IAM PROVIDING BEST AND HUGE PROFITABLE FORECASTS
t.me/PRICEACTIONFOREX007
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.