Gold might descend to a support level, breaching the resistance Gold / U.S. DollarFOREXCOM:XAUUSDNexusTradesZoneHi, traders. I'd like to share with you my thoughts on Gold. On this chart, we can observe that the price has recovered from the mirror line and begun to rise. Shortly later, it approached the support level, broke it, and hovered for a while before returning to the mirror line. Later, the price broke through the support level once more and resumed trading inside a range. During this phase, it climbed to the resistance level, which coincided with the seller zone, before retreating to the mirror line. Gold then dipped into the buyer zone before quickly rising over the mirror line and into the seller zone. After this movement, XAU corrected below the mirror line and resumed its upward journey. Shortly later, the price approached the resistance level, broke through it, and departed the range. For a while, gold traded above the seller zone, but it subsequently plummeted and is presently hovering at the 2930 resistance level within the sale zone. I anticipate Gold will climb little before continuing to drop, eventually shattering the resistance level. Furthermore, I believe that following the breakout, it will prolong its slide toward the 2865 support level. Please share this idea with your friends and click Boost! 🚀 📊 XAU/USD – Key Levels for the Week Ahead 🔍 Gold (XAU/USD) is trading within a well-defined range, testing the seller zone near resistance while eyeing the buyer zone near support. 🔴 Resistance Level: 2,930 - 2,940 (Seller Zone) 🟢 Support Level: 2,865 (Buyer Zone) 📉 Potential Scenarios: 1️⃣ Bearish Rejection from resistance could push price down to the support level (2,865). 2️⃣ Breakout Above 2,940 may signal further upside potential. 3️⃣ Range-Bound Movement between support and resistance until a clear breakout. 📌 Market Outlook: Watching price action near key levels for confirmation before entering trades! 🚀