Gold Breakdown Imminent? Watch These Gann & Fib Levels”

Jun 3

📊 XAUUSD ChartView Analysis – Fib Support-Based Buy Zone Strategy

Gold is currently consolidating above a crucial Fib support zone at 3351. If this level holds, a potential bullish wave could trigger targets at:

🟢 3382 (minor resistance & structural pivot)

🔵 3417 (key fib extension target)

🔵 3434 (major breakout zone)

🔁 However, strict stop loss at 3351 is mandatory.
⚠️ If 3351 breaks decisively, downside targets open toward:

🟡 3331 (previous support zone)

🟠 3300 (psychological & structural base)

📐 Trade setups should follow Fibonacci level logic.
RSI and Stoch RSI indicate potential short-term reversal, but confirmation required on price + volume breakout above 3382.

📌 Trade with discipline, follow risk-reward logic.

#XAUUSD #GoldAnalysis #FibLevels #WhiteRock #PriceAction #RiskManagement #Forex #Commodities

Jun 12

Trade closed: target reached