Gold the market is trading around the 4200 zone, which is an important level.
✅ If the price closes below 4200, it may fall toward the support area between 4172 and 4165.
✅ This zone is highlighted as a strong support, where buyers have previously stepped in
✅ If the support holds and buyers regain control, the price may bounce upward again, giving a new chance for bullish growth
✅ On the upside, the next major resistance area is marked near 4242–4284 where the price could face selling pressure.
Overall, the chart outlines both possible scenarios a drop toward support if 4200 breaks, or a bullish move toward resistance if buyers maintain strength.
If you find it helpful please like and comments for this post and share thanks.
✅ If the price closes below 4200, it may fall toward the support area between 4172 and 4165.
✅ This zone is highlighted as a strong support, where buyers have previously stepped in
✅ If the support holds and buyers regain control, the price may bounce upward again, giving a new chance for bullish growth
✅ On the upside, the next major resistance area is marked near 4242–4284 where the price could face selling pressure.
Overall, the chart outlines both possible scenarios a drop toward support if 4200 breaks, or a bullish move toward resistance if buyers maintain strength.
If you find it helpful please like and comments for this post and share thanks.
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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.
✅FREE FOREX Signals in Telegram
t.me/thedollarpipskiller
✅ Suggest News Channel
t.me/addlist/5h3Y2WG2eyVkOTY0
t.me/thedollarpipskiller
✅ Suggest News Channel
t.me/addlist/5h3Y2WG2eyVkOTY0
Related publications
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.
