Gold 29.7.2025
General Trend:
The price is moving sideways after a strong bullish leg, with selling pressure seen around the 3449.60–3489.96 zone.
Expected Scenario:
Bullish:
A breakout above 3449.60 could lead to a test of 3489.96 then 3506.70.
Bearish:
A break below 3320.00 might push the price toward 3257.88 then 3120.33.
Key Levels:
Resistance: 3449.60 – 3489.96 – 3506.70
Support: 3320.00 – 3257.88 – 3120.33
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