🇺🇸USA Professional Trader's®️

*GOLD* The gold market remains within the consolidation zone,📊 and it appears that the market is awaiting the upcoming news release,🗞 which is likely to trigger a wave of orders that will increase volatility. Currently, the market is testing the top of the consolidation zone, ❗️and an ideal scenario would be a fake breakout of the small range zone, followed by a channel breakout to the upside. ⚡️ This would set the stage for 📈 a potential upward move from the bottom of the range. I expect the price to break out of its current 🔀 consolidation zone and begin an upward trajectory if confirmation is received.✅ *🎯My target is the resistance zone at 2350.00*

GOLD SELLING⁉️

#GOLD 👉UPDATE The market appears to be losing 😮‍💨 its bearish momentum, a common phenomenon following an intense impulse move that's often followed by a 🐌 period of consolidation. On the 1H chart, the price has formed a double bottom pattern, followed by an upward pullback. ⤴️ I believe the market is currently in the midst of a two-legged pullback,📈 which is typical after a significant volatile movement. Based on this, I expect the pullback 🧲 to reach the resistance zone, which has been tested numerous times before.❗️ If this zone holds, it's likely that the market will then make a bearish move🐻 towards the previous month's low. 🎯My goal is the support the level at 2280. ➖➖➖➖➖➖➖➖➖ My past forecasts on GOLD 👩‍💻 №1GOLD+410p✅ №2GOLD+292p✅ №3GOLD+231p✅ №4GOLD - 75p❌ №5GOLD+271p✅ №6GOLD - 93p❌

#GOLD 👉The market took a nosedive for after the NFP data🗞 broke through the upward channel. The surge in liquidity propelled the price above the range zone📉, resulting in a lower low. Friday's close was marked by a massive bearish candle,🐻 signaling a significant shift in market sentiment. On the weekly chart, a bearish 📍 long-tailed bar formed, hinting at a potential move down to 2200. Given the double bottom〽️ formation on the 1H chart, I believe the market might retest the resistance ⤴️ and channel border before making a move down to recent support levels.📊 From there, it's likely to break through 🔑 the key previous month's low, potentially triggering a further decline. I expect the price to continue moving lower, potentially testing April lows.🈷️ 🎯My goal is the support level at around 2255.00 ➖➖➖➖➖➖➖➖➖ My past forecasts on GOLD 👩‍💻 №1GOLD+410p✅ №2GOLD+292p✅ №3GOLD+231p✅ №4GOLD - 75p❌ №5GOLD+271p✅ №6GOLD - 93p❌

#GOLD 👉The market took a nosedive for after the NFP data🗞 broke through the upward channel. The surge in liquidity propelled the price above the range zone📉, resulting in a lower low. Friday's close was marked by a massive bearish candle,🐻 signaling a significant shift in market sentiment. On the weekly chart, a bearish 📍 long-tailed bar formed, hinting at a potential move down to 2200. Given the double bottom〽️ formation on the 1H chart, I believe the market might retest the resistance ⤴️ and channel border before making a move down to recent support levels.📊 From there, it's likely to break through 🔑 the key previous month's low, potentially triggering a further decline. I expect the price to continue moving lower, potentially testing April lows.🈷️ 🎯My goal is the support level at around 2255 ➖➖➖➖➖➖➖➖➖ My past forecasts on GOLD 👩‍💻 №1GOLD+410p✅ №2GOLD+292p✅ №3GOLD+231p✅ №4GOLD - 75p❌ №5GOLD+271p✅ №6GOLD - 93p❌

GOLD CLOSE + 99 pips✅✅