TrendTapper

TrendTapper

**Gold Trade Analysis: Rationale and Strategy** **1. Price Reaction at Identified Zones (1-Hour Timeframe):** - **Historical Significance:** The designated zones have consistently acted as strong support and resistance levels, evidenced by multiple instances of price reversals upon reaching these areas. Such behavior indicates substantial buying or selling...

TrendTapper

High Volatility & Price Sensitivity Historical price action shows aggressive rejections from these levels, confirming their importance. These zones act as magnetic levels where price either reverses or experiences momentum-based breakouts. Zone Bounce & Breakout Strategies Zone Bounce: Entry is planned when price touches the demand zone for buying or the...

TrendTapper

"We are looking at this area for a trade because: Strong Support – Price has previously reacted here, suggesting buyers are stepping in. Potential Supply Zone – If price moves back up, sellers might enter, making it a strong reaction point. Quick Price Reaction – Small timeframes show sharp reversals, indicating this is an active zone.