Gold is currently in a strong bullish trend on the H4 timeframe, consolidating near 2867 after a sharp rally. Based on NFP expectations:
🔹 Possible Fake-out: We might see an initial bearish spike (liquidity grab) to sweep weak buyers before the main bullish move continues.
🔹 Key Levels to Watch:
• Support: 2845 - 2830 zone (potential buy area if price wicks down)
• Resistance: 2875 - 2885 zone (if price breaks above, more bullish momentum)
🔹 Possible Fake-out: We might see an initial bearish spike (liquidity grab) to sweep weak buyers before the main bullish move continues.
🔹 Key Levels to Watch:
• Support: 2845 - 2830 zone (potential buy area if price wicks down)
• Resistance: 2875 - 2885 zone (if price breaks above, more bullish momentum)
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