GOLD (XAUUSD) Key Zones & Possible Scenarios
Gold is currently trading inside a critical consolidation zone, reacting strongly to Fibonacci levels and historical support/resistance. 🔑 Key Levels:Resistance: 5600 – 5800Major Resistance / Target: 6500 – 6600Support Zone: 4800 – 4870Breakdown Level: ~4250 ———————————- Bullish Scenario: If price holds above 4800–4870 and shows strong buying momentum: Expect continuation toward 5600 – 5800Break above…
