


TheGoldenCircle
PremiumGold has shown a rejection from the 60% Fibonacci resistance zone as we anticipated, and the price is now testing crucial support levels. The market is currently finding some stability around key areas that we need to monitor closely. Our primary support zone remains at 3340-3345, which is particularly significant as this was the previous breakout area. This level...
Gold is holding strong above 3300 on the daily close and today price breakout from the resistance trendline I mentioned yesterday. Also price is staying above the weekly pivot, which shows the bulls are getting more confident. We're seeing some real momentum building up. The breakout from that trendline resistance is a good sign that buyers are ready to push...
Yesterday we have seen breakdown below Monday's low , but bulls again stepped in at the lower levels and pushed gold back above 3300 by the daily close. This was actually a really encouraging sign that buyers are still willing to defend this level.Things are looking a bit better now. Gold is trading above the weekly pivot, which is a positive shift from...
We have seen that gold retested crucial 3300 support level once again yesterday and managed to bounce back, closing above it by day's end. This suggesting that the bulls were still in control. but again in eary asian session today Gold broke below 3300 and is now trading under Monday's low(3295-96).This is definitely a shift in momentum that we need to watch...
Gold is now trading above this week's pivot at 3316, which is a positive development. This suggests the bulls are regaining control after yesterday's decline, Rather than breaking down after the failed attempt at 3360, gold is showing it can hold key support and bounce back quickly. This resilience is encouraging for the medium-term outlook. Key Levels Moving...
Gold made a solid attempt to break higher last week, but that 3360 resistance level (previous week's R1) proved to be a tough line to break. The bulls pushed hard but couldn't secure a clean breakout, and now we're seeing some of that momentum fade. Price opened with a decline today, showing some weakness after last week's failed breakout attempt. This is typical...
The 3360 Weekly R1 level is proving to be a solid barrier. This was anticipated, as weekly resistance levels often require multiple attempts or significant volume to break through cleanly. gold needs substantial volume to power through this resistance level, but we're heading into a low-volume trading environment. With the US markets closing early today for...
Gold has delivered exactly what we were hoping to see! The new month opening brought impressive strength, and the technical picture has shifted again in favor of the bulls. Gold successfully broke above critical 3308 weekly pivot level we've been watching. The bearish HH/LL pattern has been broken this is very good sign for changing the overall trend direction...
Just as we discussed in yesterday's analysis, gold has delivered an excellent bounce from that Fibonacci golden support zone (3248-3287). The bulls stepped in right where we expected them to, and the reaction has been quite impressive. Monthly & Quarterly Close Above 3300: Gold managed to close both the month and quarter above that critical 3300 psychological...
Current Market Structure: Gold breakdown below critical 3300 support level last Friday, and more importantly, we closed the week below this key psychological level. This breakdown has shifted the technical structure, and we're now seeing a clear pattern of lower highs (LH) and lower lows (LL) developing as gold enters a downside correction phase. The weekly...
It looks like we printed our low on Tuesday (June 24th), and now gold is showing some signs of reversal with the current bounce. The key question is whether this momentum can sustain itself through some critical resistance zones. Key Resistance Levels to Watch: 3350-55 - This is our first major test. this level is the confluence with the 0.38 Fibonacci...
Yesterday's breakdown below the 3345-50 area created a failed low scenario, and gold tested psychological 3300 level before finding some support. Right now we're seeing a bit of correction higher from yesterday's lows, but this is still unconfirmed territory. For intraday 3330-33 resistance zone . If gold manages to push through with decent momentum, the next...
The price is still facing resistance at that key 3385 level we talked about in our weekly analysis video. This 3385 level is our monthly pivot (marked with the red arrow), and it's crucial for the gold bulls to not just break above this level but also sustain above it. Only then can we expect to see some fresh buying momentum kick in. On the downside, we've a...
Current Market Situation: Gold opened with a significant gap up on Monday but failed to claim above the 3450 level. Since then, the price has been in pullback mode and is now sitting at a critical major support zone. Key Support Zone: Upper Level of support zone: 3,385 Lower Levelof support zone: 3,360 This support zone represents a crucial decision point for...
Gold continues to trade within a well-defined range, showing no clear breakout or breakdown. Price remains trapped between the narrow range . Despite brief upward attempts, bearish pressure near the red trendline has kept the market capped this suggesting indecision as neither bulls nor bears have seized control. Unless we see a decisive break above 3330-40 area...
Gold attempted a bullish breakout recently but failed to sustain momentum and is now back within a consolidation zone between 3,250–3,350. The repeated failure to break above descending trendline resistance suggests weakening buyer strength. It is currently forming lower highs, indicating distribution or sideways movement rather than a clear rally. On the other...
This is the only time frame where I am watching silver as on now (On Monthly ) Chart is self explanatory, All we need a break above 35 , closing above this level can start a much awaited bull run on silver from here. and if we see good momentum from silver , gold also goig to follow the same in short term to mid term basis.
No Change to chart Support Levels that we have to watch: Immediate Support : 3345-50(PDL and 50) Secondary Support : 3330-35 Major Support : 3280-90 Immediate resistance : Current Week High(3390-92) secondary Resistance : 3440-45 Major Resistance : ATH (3500)