#XAUUSD GOLD READY FOR SELL AGAIN .

Hello Everyone, Here is My Today's #XAUUSD (GOLD) Market Analysis

Please Check & Share Your Kind Opinions in the Comments Section, Thanks! 🙏

Today, Monday, 3rd March 2025

#Gold Current Price: $2869
#Pivot Point: $2877

📉Bearish Scenario : Overall, the market sentiment suggests a bearish outlook for Gold today
If the H4 candle closes below the pivot point ($2877) we could see a drop towards our first support target of ($2858) followed by potential moves to ($2848) and ($2840)

📉Support: $2840 / $2930
📉Demand Zone :$2810/2800

📊Key Action: If the H4 candle closes below the pivot point, consider a sell position with the targets mentioned. A continued move lower could test the support areas at $2840 / $2930 & $2810 / $2800

📈Bullish Scenario: If Gold manages to stay above the pivot point ($2877), we might see a push towards higher levels.
Resistance Targets: $2880 & Resistance Area: $2890
If Gold closes above the pivot point and sustains above it, the market may attempt This Week high and push towards $2890

Note : Gold Resistance are is the strong area for Gold Sell

📊Key Action:
If the H4 candle closes above $2877, this could signal a buy position with targets at ($2880) and potentially ($2890)

📊Key Levels:
📊Pivot Point: $2877
📉Support Targets:
📉Target 1) $2858
📉Target 2) $2848
📉Support) $2840 / $2830
📉Demand Zone ) $2810 / $2800

📈Resistance Targets:
📈Resistance 1: $2880
📈Resistance 2 : $2890

📊Trend Outlook:
📈Bullish Above: $2877
📉Bearish Below: $2877 & $2858

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