Gold Faces Key Supply Zone: Will Bears Reclaim Control?
The 4-hour chart for XAU/USD (Gold Spot) highlights a strong bullish rally approaching a significant supply zone around $2,740–$2,770.
This area coincides with previous resistance, suggesting a potential reversal or slowdown in momentum.
Price may fail to break the supply zone, triggering a pullback towards the $2,640 level for retesting.
This move would align with classic corrective behavior following an overextended rally.
This area coincides with previous resistance, suggesting a potential reversal or slowdown in momentum.
Price may fail to break the supply zone, triggering a pullback towards the $2,640 level for retesting.
This move would align with classic corrective behavior following an overextended rally.
iSmashProfit
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.