📊 Technical Analysis
GOLD failed to break out above the resistance line near $3 400 and is retreating from overbought levels; low volatility signals weakening momentum and a likely pullback toward support around $3 325.
💡 Fundamental Analysis
Short-term macro drivers also tilt bearish. Rising U.S. Treasury yields are making gold less attractive, while hawkish Fed signals fueled by strong U.S. data have strengthened the dollar.
✨ Summary
Technical and fundamental factors point to a short-term bearish correction in XAUUSD.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
GOLD failed to break out above the resistance line near $3 400 and is retreating from overbought levels; low volatility signals weakening momentum and a likely pullback toward support around $3 325.
💡 Fundamental Analysis
Short-term macro drivers also tilt bearish. Rising U.S. Treasury yields are making gold less attractive, while hawkish Fed signals fueled by strong U.S. data have strengthened the dollar.
✨ Summary
Technical and fundamental factors point to a short-term bearish correction in XAUUSD.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
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Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.