Gold is currently consolidating above a key support area around 4064–4072.
Price has already shown a reaction from this zone, and the recent structure suggests that buyers may be attempting to regain control.
If the support area continues to hold and price breaks above the nearby resistance around 4079, I will be watching for a potential bullish continuation toward the 4100–4120 area.
This idea is invalidated if price breaks and holds below the key support zone.
MQL5 profili
Yeni yorum