30-minute Gold Spot (XAU/USD) , using data from the PYTH exchange.
Chart Breakdown
1. Entry Zone:
• The price has recently surged into the entry zone, marked near $2,940.
• A possible rejection from this level is indicated by the blue arrow pointing downward, suggesting a bearish move.
2. Resistance & Support Levels:
• Resistance: Around $2,940 - $2,944, where price is currently struggling.
• Strong Support: Identified near $2,910 - $2,903, which may act as a key level for a pullback.
• A broader support zone is visible around $2,888 - $2,890.
3. Technical Patterns:
• A Fibonacci-style circular pattern is drawn, possibly indicating a key liquidity zone.
• A previous rejection area is marked, which aligns with the current price action.
Conclusion
This setup suggests a potential short trade from the entry zone. If price fails to break above $2,940, it may retrace towards $2,910 - $2,903, with a further drop possible if that support breaks. However, if price breaks and holds above $2,944, the bearish setup may become invalid.
Chart Breakdown
1. Entry Zone:
• The price has recently surged into the entry zone, marked near $2,940.
• A possible rejection from this level is indicated by the blue arrow pointing downward, suggesting a bearish move.
2. Resistance & Support Levels:
• Resistance: Around $2,940 - $2,944, where price is currently struggling.
• Strong Support: Identified near $2,910 - $2,903, which may act as a key level for a pullback.
• A broader support zone is visible around $2,888 - $2,890.
3. Technical Patterns:
• A Fibonacci-style circular pattern is drawn, possibly indicating a key liquidity zone.
• A previous rejection area is marked, which aligns with the current price action.
Conclusion
This setup suggests a potential short trade from the entry zone. If price fails to break above $2,940, it may retrace towards $2,910 - $2,903, with a further drop possible if that support breaks. However, if price breaks and holds above $2,944, the bearish setup may become invalid.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。