Gold Analysis – Likely Scenario📍 Gold is currently trading around 3375 USD and gaining bullish momentum with the London session opening.
🔸 Key Zones:
🟨 Critical Resistance (Orange Zone):
📍 3378 – 3384✅ Price consolidation zone – if broken with strong volume, a bullish continuation is likely.
🔴 Supply Zones (FVG):
1️⃣ Upper FVG 1H:📍 3386 – 3397
2️⃣ Main Supply Zone FVG 1H:📍 3405 – 3422
🟢 Demand Zone (1H OB):
📍 3345 – 3350✅ Strong buy zone after the breakout of falling wedge structure.
🔵 Lower Demand FVGs:
3330 – 3335
3315 – 3325
3290 – 3300
3260 – 3270
✳️ Likely Scenario:
If the orange resistance zone breaks, price is likely to rally toward the 3386 – 3397 FVG, and potentially 3405 – 3422.
If price gets rejected, watch for reactions at the 3345 – 3350 OB for potential long entries.
🔍 Insight by ProfitaminFX
If this outlook aligns with your bias, or if you see it differently, feel free to share your perspective in the comments. Let’s grow together 📈
