GOLD ~ Technical Analysis the Retest for FVG Next move 3450?

2 Jun

GOLD continues its bullish structure within an ascending channel, recently bouncing off the lower trendline and breaking above the Fair Value Gap (FVG) area This breakout signals strong bullish intent with potential continuation toward the 3,450 psychological target
Technical Highlights Break above key resistance near 3,350–3,360 Bullish price structure supported by ascending trendline FVG filled, opening space for further upside
Minor retracement into 3,340–3,323 zone may offer a buying opportunity

Resistance: levels 3,324 - 3,350 - 3,450
Key support: 3,285 and 3,249

The bullish case remains intact as long as price stays above the rising trendline. A retest of broken structure could fuel the next leg up

Thank you for the continued support—your likes and comments keep this community growing and motivate me to deliver even more valuable analysis!

best regards –TrendZelda!

3 Jun

Trade aktif