Gold: Watch for Selling Opportunities

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Gold remains under pressure around the 3100 level, where previous trapped buyers are creating significant selling pressure. The heavier resistance zone lies between 3127–3146, so if you’re holding long positions, don’t be greedy — this is a crucial area to watch!

Tomorrow during the U.S. session, we’re expecting major economic data and headlines. The market will likely see high volatility, and instead of a clear one-way trend, there’s a higher chance of a two-way sweep (both up and down).

Trading Advice for Tomorrow:

Avoid chasing price or getting caught in emotional trades.

Control your position size — even if you end up holding during turbulence, a small and managed position won’t hurt you. You might even come out profitable.

But if you enter with full margin and no risk control, the result could be heavy losses or even blowing your account. This is my honest advice!

During the Asian and European sessions, the technical outlook favors short positions. Consider selling around the 3103–3123 zone, with support levels at:

3078 / 3066 / 3051 / 3027 / 3011

I will release updated strategies for the U.S. session tomorrow based on key data releases. Stay tuned and feel free to reach out if you have any questions.

Good luck and trade safe!

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