Gold Price Analysis:Key Supply & Demand Zones with Potential Bkl

🔥 Key Levels & Zones

🔵 Supply Zone (3,135-3,140 USD) 📉

Acts as resistance where selling pressure increases.

If price reaches here, expect a potential pullback.


🟢 Demand Zone (3,085-3,095 USD) 📈

Strong support area with buying interest.

Price has tested this zone multiple times = accumulation.

🎯 Target Point (~3,167 USD) 🚀

If price breaks out, it may rally towards this level!


❌ Stop Loss (~3,080 USD) ⛔

Marked below demand zone to limit risk.

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📊 Trend Analysis

🔹 Trend Line Break ⚡

The price broke the previous uptrend = potential reversal or deeper correction.


🔹 Market Structure 🏗️

Price consolidating inside the demand zone = possible bullish move ahead.


🔹 Double Bottom Formation (DBF) at Supply Zone 🔄

Shows failed breakout attempts = strong resistance.

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🔍 Indicators & Insights

📌 DEMA (9 close) at 3,099 USD 📈

Price hovering around this moving average = market indecision.

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🚦 Possible Scenarios

✅ Bullish Scenario:

If price holds the demand zone & breaks above 3,110 USD, it could rally to supply zone (~3,135 USD).

A breakout above 3,140 USD could lead to the target zone (~3,167 USD) 🚀.

❌ Bearish Scenario:

If price breaks below 3,085 USD, it may hit stop loss (3,080 USD) and continue lower.

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🎯 Trading Plan

🟩 Long Entry ➡️ Around 3,090-3,100 USD 📊
🛑 Stop Loss ➡️ Below 3,080 USD 🚨
🎯 Target ➡️ 3,135-3,167 USD 🎉