From TradingView · · 40s
Gold Price Holds at 4022 Support
Gold price tests 4022 support after shorting 4084 target.
In brief
Gold price tests 4022 support after shorting 4084 target. Gold price holds 4022 support as it retraces from 4084 resistance. Originally reported by TradingView.
Gold Price Tests 4022 Support
Gold price tests 4022 support after shorting 4084 target.
4084 Resistance Respected
Price fell short of 4084 by less than a pip but respected resistance structure.
4022 Key Support Level
4022 Goldturn acts as critical support if held with EMA5 confirmation.
4084 Swing Target
Successful retest of 4084 with EMA5 could open next range toward 4145.
Alternative Scenario
Failure to hold 4022 could return price to 3976 support for potential bounce.
Here's the gist
Gold price holds 4022 support as it retraces from 4084 resistance.
