Gold began the week on a weak note, with its price dropping by around 200 pips from peak to trough.
However, as I mentioned in my Friday analysis, a potential bottom may be forming, giving bulls hope for a recovery.
Currently, Gold is trading precisely within a former resistance zone that now acts as support.
As long as this level holds, there is a favorable outlook for a reversal.
For now, I remain optimistic about a rebound, with potential for the price to climb back above 2700.
However, as I mentioned in my Friday analysis, a potential bottom may be forming, giving bulls hope for a recovery.
Currently, Gold is trading precisely within a former resistance zone that now acts as support.
As long as this level holds, there is a favorable outlook for a reversal.
For now, I remain optimistic about a rebound, with potential for the price to climb back above 2700.
İşlem elle kapatılmış
Closed manually on Break Even.It looks heavy
I m looking to sell on N.Y Session
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.