Gold next movement

Breakdown of Potential Price Movement:

1. Bullish Scenario (Green Path):

If price breaks above the current resistance area (~2,920-2,925), it could move toward the major resistance at ~2,940.
This would result in a potential upside of about 20-25 USD from the breakout point.

2. Bearish Scenario (Red Path):

If price fails to hold the support (~2,910-2,915), it could drop toward the strong support at ~2,880.
This would result in a potential downside of about 30-35 USD from the breakdown point.