Gold price analysis July 1

168
On the D1 chart, the price has recovered positively when the candle closed above 50% of the decrease range of last Friday's session. This shows that buying power is returning and a new uptrend is forming, with the target heading towards the GAP zone around 3363.

Today's trading strategy:
Prioritize buying (BUY) if the price has a correction to the support zone of 3300.

Sell strategy should only be implemented at important resistance zones, with short-term profit expectations because the main trend is leaning towards the uptrend.

Important technical levels:
Support: 3300 - 3337 - 3360
Resistance: 3334 - 3348 - 3363

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