From TradingView · · 40s
Gold Eyes 4,125 and 4,155
Gold price targets 4,125 and 4,155 after sweeping lows.
In brief
Gold price targets 4,125 and 4,155 after sweeping lows. Gold price targets 4,125 and 4,155 after sweeping below recent lows. Originally reported by TradingView.
Market Structure Break
Gold swept sell-side liquidity below recent lows and formed a base on the 30-minute chart.
Liquidity Sweep
Price swept the 4,107 lows and broke the 4,103-4,110 support zone with a wick down to 4,067.
Key Resistance Zone
The broken support area at 4,108-4,118 acts as resistance for sellers returning to test buyers.
Trade Plan
Buyers target 4,125 and 4,155 with entry at 4,085-4,092 and stop loss at 4,075.
At a glance
Gold price targets 4,125 and 4,155 after sweeping below recent lows.
