GOLD FACES KEY RESISTANCE AFTER LAST WEEK'S STRONG DROP

🔥 After reaching ATH early last week, Gold saw a significant correction, dropping to 283x before bouncing back from the strong support zone at 2833 - 2835. By the end of the week, Gold retested this level, surging 20 points and closing the weekly and monthly candle at 2857 – a solid position for the BUY side.

🟢 TODAY’S SESSION – GAP OPEN & CURRENT VIEW
At the Sydney & Tokyo open, Gold continued to benefit from last week’s BUY momentum, creating a 15-point GAP and reaching 2870. So far in the Asian session, it has peaked at 2877.

👉 CURRENT VIEW: Gold is likely to drop back to fill the GAP (low liquidity) around 2854 - 2850 before continuing its upward movement. The price is currently reacting in line with this expectation.

⚡️ KEY LEVELS TO WATCH TODAY
📌 Resistance: 2884 - 2895 - 2900 - 2905
📌 Support: 2856 - 2850 - 2845 - 2835

💎 TRADE SETUPS FOR TODAY
🔹 BUY ZONE: 2835 - 2833
🎯 TP: 2840 - 2844 - 2848 - 2854 - 2860
⛔️ SL: 2830

🔹 SELL ZONE: 2904 - 2906
🎯 TP: 2900 - 2896 - 2892 - 2886 - 2880
⛔️ SL: 2910

📢 IMPORTANT NOTES
📆 Today marks the start of a new week and month, so it's crucial to closely monitor price reactions. Key economic reports like ADP and NFP are scheduled this week, so risk management is essential. Stick to TP/SL levels to protect your account!