In the first trading session of the week, gold prices moved sideways within the accumulation zone of 2921-2941, forming a strong liquidity area.
Two important price zones today: * Resistance zone: 2945-2943 (key resistance area) * Support zone: 2930 - 2933 (crucial correction level)
- We will observe the market at the current resistance zone. If there is any strong upward movement today confirming a breakout from the sideways range (with a confirmed candle close), we can expect strong bullish momentum to create a new ATH in the 2958 - 2972 - 2987 zone.