From TradingView · · 40s
Gold Price Drops Below Key Support
Gold price breaks through critical support levels as bearish delivery triggers sharp decline.
In brief
Gold price breaks through critical support levels as bearish delivery triggers sharp decline. Gold price dropped to 4,115.939 Discount POI after rejecting Internal BSL at 4,145, 4,152. Originally reported by TradingView.
Bearish Delivery Alert
Gold price rejected Internal BSL at 4,145, 4,152 before dropping to 4,115.939 Discount POI.
Key Support Levels
Price broke below 4,145, 4,152 Internal BSL and reached 4,115.939 Discount POI with 500+ pips move.
Critical Zones
Discount POI at 4,115.939 followed by Secondary SSL around 4,100, 4,105 and HTF Demand at 4,075, 4,080.
The key point
Gold price dropped to 4,115.939 Discount POI after rejecting Internal BSL at 4,145, 4,152.
