📉 Gold is testing its parallel channel resistance – historically a key turning point!
🔧 Overlay This on Your Chart:
Draw a parallel channel covering the recent uptrend
Highlight current price action touching the upper resistance line
Mark potential downside targets:
📍 Target 1: ₹85,792
📍 Target 2: ₹84,240
🧠 What to Watch:
Price rejection from resistance? Possible short setup 🔻
Breakout above channel? Re-evaluate bias
***This is just for educational purposes***
🔧 Overlay This on Your Chart:
Draw a parallel channel covering the recent uptrend
Highlight current price action touching the upper resistance line
Mark potential downside targets:
📍 Target 1: ₹85,792
📍 Target 2: ₹84,240
🧠 What to Watch:
Price rejection from resistance? Possible short setup 🔻
Breakout above channel? Re-evaluate bias
***This is just for educational purposes***
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