The chart shows a double top formation near 4360, which led to a sharp decline toward the support zone around 4100. Price has now stabilized at this support and is showing early signs of reversal. If bullish momentum continues, the first target lies near 4200, followed by a second target at 4360. A break below 4080, however, could invalidate the recovery setup. The Ichimoku Cloud still indicates short-term resistance, so confirmation is needed before a full bullish breakout.
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Full-time Forex & Gold Trader | Market Analyst | Sharing Setups & Insights | Trade Smart, Trade Secure
t.me/+H3lZMgHrAO43ZDdk
daily provide 3-5 free signals with chart analysis
t.me/+H3lZMgHrAO43ZDdk
t.me/+H3lZMgHrAO43ZDdk
daily provide 3-5 free signals with chart analysis
t.me/+H3lZMgHrAO43ZDdk
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.