Gold currently at 3320 and we can expect bellow fundamental and technical analysis during the coming weeks
1. Trump “Terrify” - Political Risk
If Trump is causing uncertainty—maybe through comments, policies, or geopolitical tension—it usually:
Strengthens gold due to risk-off sentiment.
Weakens USD (especially if he's bashing Fed policies or supporting inflation).
2. Powell Termination (or Fed shakeup)
If Powell were to be terminated or removed:
Massive uncertainty in financial markets
Loss of confidence in monetary policy stability
Expect gold to spike, USD to dip
📈 Impact on Gold: Strong Bullish (panic = safe haven demand)
Combining Technical + Fundamental View
If either of those events becomes reality:
That bullish breakout scenario is more likely to play out.
Price could break above 3340, retest, then fly toward 3360–3400 quickly.
Smart money may buy during any dips to 3280–3300.
✅ Trade Idea:
Long bias: Enter above $3335, SL below $3320, TP around $3360–$3380
Short bias: If it fakes out above $3335 and breaks back down below $3320, target $3280–$3268
1. Trump “Terrify” - Political Risk
If Trump is causing uncertainty—maybe through comments, policies, or geopolitical tension—it usually:
Strengthens gold due to risk-off sentiment.
Weakens USD (especially if he's bashing Fed policies or supporting inflation).
2. Powell Termination (or Fed shakeup)
If Powell were to be terminated or removed:
Massive uncertainty in financial markets
Loss of confidence in monetary policy stability
Expect gold to spike, USD to dip
📈 Impact on Gold: Strong Bullish (panic = safe haven demand)
Combining Technical + Fundamental View
If either of those events becomes reality:
That bullish breakout scenario is more likely to play out.
Price could break above 3340, retest, then fly toward 3360–3400 quickly.
Smart money may buy during any dips to 3280–3300.
✅ Trade Idea:
Long bias: Enter above $3335, SL below $3320, TP around $3360–$3380
Short bias: If it fakes out above $3335 and breaks back down below $3320, target $3280–$3268
Trade active
Gold running 500+pips according to analysis Trade closed: target reached
Gold Fully target done 500 PIPS
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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.
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.