GOLD (XAU/USD) – 30M Analysis & Prediction
Key Levels & Market Structure:
2902 – 2905: First support zone, potential for a bounce.
2872 – 2882: Stronger demand zone, ideal for liquidity grab.
2942 – 2945: Key resistance, watch for price reaction.
2950 – 2955: Major supply zone, deep retracement possible.
Bullish Scenario:
If price holds above 2902 – 2905, potential rally towards 2942 – 2950.
Strong bullish confirmation at 2872 – 2882 could signal a long entry.
Trading Plan:
Look for bullish confirmations at major support levels for buy entries.
Watch price action in the FVG zone for potential reversals.
Break above 2942 confirms strong upside momentum.
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