• Gold surges to $3,38x/oz on dovish Fed bets, geopolitical risks, and safe-haven demand.
• Fed pivot hopes fuel upside as weak data boosts rate cut odds.
• U.S.-China trade tensions and Middle East unrest lift safe-haven flows.
• Weaker USD adds support; central banks continue strong buying.
• Growth and inflation fears keep gold bid.
🎯 Key Levels:
• Resistance: $3,400–$3,420
• Support: $3,300–$3,310
🟢 Buy Zone 1: $3,355–$3,360
- SL: $3,350
- TP: $3,380–$3,385
🟢 Buy Zone 2: $3,300–$3,320–$3,330–$3,340
- SL: $3,320–$3,280
- TP: $3,390–$3,400–$3,450–$3,500
🔴 Sell Zone 1: $3,395–$3,400–$3,410
- SL: $3,405–$3,420
- TP: $3,370–$3,365–$3,350–$3,340
🔴 Sell Zone 2: <$3,300
- SL: $3,320
- TP: $3,250–$3,200
• Use tight stop-losses tailored to timeframe (5–10 prices for scalping; 20–30 for intraday/swing).
• Limit risk per trade to 1–2% of account equity.
• Stay alert to real-time Fed commentary, tariff news, and geopolitical headlines for sudden volatility spikes.
• Fed pivot hopes fuel upside as weak data boosts rate cut odds.
• U.S.-China trade tensions and Middle East unrest lift safe-haven flows.
• Weaker USD adds support; central banks continue strong buying.
• Growth and inflation fears keep gold bid.
🎯 Key Levels:
• Resistance: $3,400–$3,420
• Support: $3,300–$3,310
🟢 Buy Zone 1: $3,355–$3,360
- SL: $3,350
- TP: $3,380–$3,385
🟢 Buy Zone 2: $3,300–$3,320–$3,330–$3,340
- SL: $3,320–$3,280
- TP: $3,390–$3,400–$3,450–$3,500
🔴 Sell Zone 1: $3,395–$3,400–$3,410
- SL: $3,405–$3,420
- TP: $3,370–$3,365–$3,350–$3,340
🔴 Sell Zone 2: <$3,300
- SL: $3,320
- TP: $3,250–$3,200
• Use tight stop-losses tailored to timeframe (5–10 prices for scalping; 20–30 for intraday/swing).
• Limit risk per trade to 1–2% of account equity.
• Stay alert to real-time Fed commentary, tariff news, and geopolitical headlines for sudden volatility spikes.
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.
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.