The price fell yesterday, as we mentioned in my previous idea, and then today, the gold rose on a weak dollar and safe-haven demand as investors awaited inflation data to assess the Federal Reserve’s policy path amid fears of simmering trade tensions and slowing economic growth following U.S. President Donald Trump’s tariffs.
As long as the price trades below 2,914, it is expected to fall towards 2,903. If it breaks below this level, the price will likely decline further to touch 2,893, and below that, 2,880.
The uptrend will become active when the price stabilizes above 2,925, confirmed by a 4-hour or daily candle close, indicating a bullish trend.
Bearish target: 2903, 2893, 2880.
Bullish target: 2914, 2925, 2936.
As long as the price trades below 2,914, it is expected to fall towards 2,903. If it breaks below this level, the price will likely decline further to touch 2,893, and below that, 2,880.
The uptrend will become active when the price stabilizes above 2,925, confirmed by a 4-hour or daily candle close, indicating a bullish trend.
Bearish target: 2903, 2893, 2880.
Bullish target: 2914, 2925, 2936.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
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.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
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.