โ
Gold Analysis Update ๐โจ
๐ Gold is currently squeezing inside a descending triangle ๐บโฌ๏ธ โ showing that sellers are building pressure.
The price is holding below the 200 EMA (orange line), which confirms the bearish sentiment.
๐ If price closes below 3331, we can expect further downside. ๐จ
๐ But if price breaks back above 3355โ3360, a short-term relief bounce is possible. ๐
โก๏ธ In such squeeze setups, patience is the real strategy. Breakouts are always explosive โ we just need to wait for the direction! ๐ฏ
๐ Key Levels
Resistance: 3355 โ 3360
Support: 3331 โ 3325
๐ Letโs see which way the market decides to move โ stay ready for both sides! ๐๐ฅ
๐ Gold is currently squeezing inside a descending triangle ๐บโฌ๏ธ โ showing that sellers are building pressure.
The price is holding below the 200 EMA (orange line), which confirms the bearish sentiment.
๐ If price closes below 3331, we can expect further downside. ๐จ
๐ But if price breaks back above 3355โ3360, a short-term relief bounce is possible. ๐
โก๏ธ In such squeeze setups, patience is the real strategy. Breakouts are always explosive โ we just need to wait for the direction! ๐ฏ
๐ Key Levels
Resistance: 3355 โ 3360
Support: 3331 โ 3325
๐ Letโs see which way the market decides to move โ stay ready for both sides! ๐๐ฅ
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.