Gold technical analysis
Daily chart resistance 3350-3400, support below 3284
Four-hour chart resistance 3350, support below 3284
One-hour chart resistance 3322, support below 3300
Gold news analysis: On Monday (May 26) during the European session, gold prices began to fall as the US market was closed for Memorial Day and Trump postponed the threat of "directly imposing 50% tariffs" on the European Union. This delay reduced safe-haven demand, but broader market drivers are still favorable to gold's bullish outlook.
Gold operation suggestions: From the current trend analysis, the key support below focuses on the 3284 mark, and the upper pressure focuses on the suppression near the four-hour level 3350 line. The short-term resistance focuses on 3322, and the short-term long-short strength and weakness dividing line focuses on 3284. If the daily chart closes below this position, it will completely open up the downside space.
BUY:3284near SL:3279
SELL:3322near SL:3327
SELL：3284near SL:3289
Daily chart resistance 3350-3400, support below 3284
Four-hour chart resistance 3350, support below 3284
One-hour chart resistance 3322, support below 3300
Gold news analysis: On Monday (May 26) during the European session, gold prices began to fall as the US market was closed for Memorial Day and Trump postponed the threat of "directly imposing 50% tariffs" on the European Union. This delay reduced safe-haven demand, but broader market drivers are still favorable to gold's bullish outlook.
Gold operation suggestions: From the current trend analysis, the key support below focuses on the 3284 mark, and the upper pressure focuses on the suppression near the four-hour level 3350 line. The short-term resistance focuses on 3322, and the short-term long-short strength and weakness dividing line focuses on 3284. If the daily chart closes below this position, it will completely open up the downside space.
BUY:3284near SL:3279
SELL:3322near SL:3327
SELL：3284near SL:3289
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💥Telegram Channel Free Updates 👉🏻
💥t.me/Actuary00group
✉️Signal and daily analysis channel
💥t.me/Actuary00group
✉️Signal and daily analysis channel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.