Gold is at a critical juncture! After breaking out of the descending wedge, price surged toward the 3,440–3,460 resistance zone but is now pulling back. I'm eyeing the 3,320–3,340 zone (previous structure + demand zone) for a potential bounce back to the highs. However, if price breaks below this area, the next major demand lies around 3,260.
This chart highlights two key bullish scenarios and a possible bearish breakdown. Keep an eye on volume and price reaction at these zones—momentum could shift quickly. Are you ready to catch the next big move?
This chart highlights two key bullish scenarios and a possible bearish breakdown. Keep an eye on volume and price reaction at these zones—momentum could shift quickly. Are you ready to catch the next big move?
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