Gold falls fast

8 saat önce

1. Resistance Zone Validity – The marked resistance zone appears strong due to multiple rejections. However, if the price breaks above this zone with strong bullish momentum, a further rally may occur instead of the expected drop.

2. Support Strength – The lower support around 2,890 is a key level. However, if buyers aggressively step in before reaching it, the price could consolidate or reverse prematurely, invalidating the expected bearish move.

3. Market Context – Fundamental factors like economic data, interest rates, or geopolitical events could impact gold prices, overriding this technical setup.

4. False Breakdown Risk – Price could briefly dip below intermediate support and then reverse sharply, trapping sellers in a bear trap

6 dakika önce

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