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Posts by
Mrizzy
What is Gold's next move?
in
General
Aug 10 at 12:36
📈 Bullish Scenario (Upside Breakout)Key Resistance: Around $3,409.23If price breaks above the current consolidation range (near $3,397), we could expect:First target: $3,438.96Final target: $3,499.85This move assumes continued bullish momentum after the breakout of resistance. 📉 Bearish Scenario (Rejection & Drop)If price fails to break above resistance and instead drops:Key support levels to watch:$3,377.63$3,365.39Major demand zone around $3,345.29If these levels fail, price could extend lower toward:$3,325.21Possibly down to $3,267.15 ⚖️ Current Market Structure (as of now):Price ...
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