Gold Price Forecast: Key Levels to Watch !!

Gold Price Analysis: 🔑 Key Zones and 📉 Potential Reversal at MA200

1️⃣ Resistance Zone 🟥:
The red-highlighted area marks a strong resistance zone. A breakout 🚀 above this level could lead to bullish momentum.

2️⃣ Liquidity Zones 💧:
The "In LQ" region shows where liquidity may be resting, suggesting possible retracements or reversals near this point.

3️⃣ 200 EMA Support 📊:
The MA200 (2,734.059) is a critical support level. A breakdown 🔻 here could send prices lower, testing further support levels.

📈 Potential Scenarios:

🔼 Bullish: Break above resistance 🟥 with higher highs.

🔽 Bearish: Rejection from resistance 🟥 leading to a drop toward the MA200 support 📉.


Watch these levels closely! 🔎