Hi traders. what do you think about gold
CURRENT PRICE. 2770
Today on 25th January 2025 Currently, Gold is trading at $2770 its important to note that Gold has rejected the his high area 2686. now Gold Showing Strong resistance in this range, we may see a retest of these levels but for now the focus should shift to the support levels
key Resistance 2781 to 2786 Gold has faced reject high at these levels this week, So keep an eye on these areas if theres a retest
First target (Support Levels) 2750-2745 Watch these levels closely as the first line of support bounce.
Demand zone and Second #Target 2730_2725
This zone represents a stronger demand area where we could see a solid rebound if gold pulls back Further. Focus on support zones now and consider waiting for a retest of #resistance before making any major decisions
Outlook
Current position_2770
Trend #Bearish
Stop Loss 2795
Target 1 2750_2745
Target 2 2730_2725
Dont Forget to like support and comments