🚨 Alert Traders 🚨
The gold market is currently stuck in a no-trade zone. 🛑
We’ve identified our support and resistance zone between 2889 and 2879. 📊 Let’s wait for a candle to either break and close above or below this range.
🔻 If the price breaks below our support level, we’ll aim for previous support levels as our targets:
🎯 TP1 = 2860
🔺 If the price breaks above our resistance zone, which is also a new All-Time High (ATH), we can use the trendline to identify the new ATH:
🎯 TP1 = 2905
✨ Best of luck! 💰💪