DeGRAM | GOLD Will Test Support Before Growth

415
📊 Technical Analysis
  • Gold is moving steadily inside an ascending trend. After reaching the upper boundary $3343, a pullback is forming.
  • Support is seen near 3,280–3,290.
  • Resistance zone lies between 3,360–3,380, where the price may reach after the correction and rebound from support.


💡 Fundamental Analysis
  • Fed Policy Shift: Markets are pricing in potential rate cuts in coming months, weakening the USD and favoring gold.
  • Geopolitical Risks: Ongoing global tensions and post-tariff trade friction.


Summary
A short-term pullback may offer a new buying opportunity around 3,280, with targets at 3,360–3,380. Macro uncertainty and Fed easing expectations support the trend.

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