XAUUSD (Gold) Price Analysis
Gold is currently testing trend support, undergoing a deep correction amid a complex fundamental backdrop. Several key factors are influencing market sentiment:
Geopolitical tensions in the Middle East Comments from the Federal Reserve Former President Trump's expressed desire for lower interest rates These developments are contributing to market uncertainty, which typically supports gold as a safe haven.
🔍 Technical Outlook
Support Zone: 3350
Resistance Levels: 3400 and 3420
Before further upside, a retest of the 3350 support zone is possible. You can see more details in the Chart Ps Support with like and comments for more analysis.
Gold is currently testing trend support, undergoing a deep correction amid a complex fundamental backdrop. Several key factors are influencing market sentiment:
Geopolitical tensions in the Middle East Comments from the Federal Reserve Former President Trump's expressed desire for lower interest rates These developments are contributing to market uncertainty, which typically supports gold as a safe haven.
🔍 Technical Outlook
Support Zone: 3350
Resistance Levels: 3400 and 3420
Before further upside, a retest of the 3350 support zone is possible. You can see more details in the Chart Ps Support with like and comments for more analysis.
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Hold on
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Join My telegram Channel
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Related publications
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.