After the support at 3,340 for gold, a rebound may be expected.The gold price rebounded after falling from the all-time high of 3,500 to 3,120. It opened at 3,433 last week, dipped to the low of 3,340 before rebounding to close at 3,368. The weekly candlestick was bearish but held above the 5-week moving average. The daily chart shows a doji star with a bearish alignment, yet it maintained the support of the middle Bollinger Band. The 4-hour chart remains within the upward channel, with the support near 3,340 proving effective, indicating short-term signs of stabilizing. This morning, it gapped up to 3,398 and then slightly corrected. The market's safe-haven position replenishment demand supports the gold price. In terms of operation, it is recommended to focus on going long on pullbacks.
you are currently struggling with losses,or are unsure which of the numerous trading strategies to follow,You have the option to join our VIP program. I will assist you and provide you with accurate trading signals, enabling you to navigate the financial markets with greater confidence and potentially achieve optimal trading results.
Trading Strategy:
buy@3350-3360
TP:3390-3395
Xauusdlong
XAU/USD – Technical AnalysisThe chart reflects a sustained bearish phase within a well-defined descending channel, yet current price action suggests a potential trend shift may be underway.
🧠 Key Observations:
Price Compression Near Channel Support:
The market is testing the lower boundary of the descending channel, indicating possible exhaustion of selling momentum.
Ichimoku Cloud Analysis:
Price remains below the cloud, confirming bearish structure for now. However, cloud thinning ahead signals a weakening trend, which often precedes a reversal.
Projected Recovery Path:
A forecasted move is highlighted, suggesting a break above $3,360–$3,380, targeting the upper cloud resistance near $3,400. This level aligns with prior structure and volume interest.
Volume Profile (left):
Strong volume nodes align with support zones, reinforcing the potential for a bounce if momentum shifts.
📌 Strategy Insight:
While bearish momentum remains in control, signs of stabilization and potential reversal are emerging. Traders should wait for:
A confirmed break above the cloud, or
A bullish engulfing with volume support to validate long entries.
✅ Summary:
Trend remains bearish, but the setup shows early signs of accumulation and reversal. A breakout from the cloud and descending channel could trigger a shift toward $3,400+ in the near term. Monitoring phase active.
Gold Market Analysis – 30-Minute OutlookThe current structure on the XAU/USD 30-minute chart shows a clear shift from a bearish structure into a potential bullish reversal, marked by multiple Breaks of Structure (BOS) and the formation of new Higher Lows (HL).
🔹 Key Observations:
A strong bullish BOS occurred around the $3,375 area, breaking previous Lower Highs and signaling buyer dominance.
Price reacted aggressively from a bullish Order Block between $3,330 – $3,353, which has proven efficient as a liquidity zone and base for upward momentum.
The price is now consolidating slightly below a major resistance/OB zone near $3,400 – $3,410, suggesting a potential breakout attempt if momentum continues.
The Effeciency indicator reads as “Efficient ✓”, reinforcing that institutional volume may have entered the market.
📈 Scenario Outlook:
If price manages to hold above $3,375, the path toward $3,408 – $3,420 remains valid. A rejection from that zone could lead to a retest of the OB at $3,353 before continuation.
As long as price stays above the Bullish Structure Line (~$3,330), buyers remain in control in the short term.
🧠 Key Levels to Watch:
Support: $3,353 / $3,330
Resistance: $3,400 / $3,410 / $3,420
Trend Bias: Bullish (short-term)
🟢 Market sentiment: Bullish
📊 Structure: Bullish | Order Flow: Efficient | Liquidity: Absorbed & redirected upward
---
Analysis by: Mohsen Mozafari Nejad
6/23 Gold Analysis and Trading ViewsGood morning, everyone!
Over the weekend, former President Trump announced and carried out an attack on Iran's nuclear facilities, triggering a renewed wave of risk-off sentiment in the markets. At today’s open, gold surged to around 3394. Driven by geopolitical tensions, the bearish technical structure has temporarily been disrupted.
Whether the bullish momentum can sustain will depend on how the situation continues to unfold.
Key technical levels to watch today:
Resistance: 3389 / 3407 / 3423 / 3432
Support: 3372 / 3365 / 3356 / 3348
Trading strategy: Given the current news-driven market, a buy-on-dip approach is preferred, with short positions as a secondary option depending on price reaction near resistance zones.
Also, pay close attention to today’s daily close (1D chart). If the price closes below 3355, it could signal profit-taking from the bulls, potentially pulling gold back into a bearish technical trend.
Gold Market Weekly: Analysis & OutlookI. Market Trends and Institutional Game Analysis
This week, the gold price exhibited a typical volatile downward pattern, starting its correction from $3,450 on Monday and hitting an intraday low of $3,340 on Friday before rebounding sharply to around $3,370 ahead of the close. This movement essentially represents a "market washing" maneuver by institutions leveraging the short-term lull in Middle East tensions, with bears repeatedly attempting to push prices down by $10–$20 per round. However, each decline encountered significant resistance, starkly contrasting with the unilateral drop in April. Order flow characteristics indicate that bearish momentum has notably attenuated, with low-level selling appearing as a deliberately constructed "bear trap"—a signal reinforcing the unbroken medium-term upward trend of gold.
II. Macro-fundamental Support for Gold's Resilience
1.Escalating U.S. Fiscal CrisisThe U.S. fiscal deficit has reached $1.4 trillion annually, and even the $80 billion revenue increment from tariff wars remains negligible in this context. More critically, the Trump administration’s proposed "Big Infrastructure Bill" is projected to add $4 trillion to the deficit, fundamentally eroding the credit of U.S. Treasuries and the U.S. dollar’s purchasing power. Historical data shows that fiscal deficit monetization consistently drives surges in gold’s safe-haven demand, meaning a decisive peak in gold prices remains unlikely until the deficit issue is resolved.
2.Hidden Geopolitical Risks in the Middle EastThe conflict between Iran and Israel has entered a critical phase, with Iran adopting a hardline stance in negotiations—demanding not only an immediate ceasefire from Israel but also accountability for war initiators and the retention of nuclear rights. Should the situation escalate abruptly over the weekend, the $110 correction seen this week could be fully reversed on the first trading day of next week.
III. Investment Strategy: Capitalize on the "Correction Entry" Window
The market currently exhibits the trait of "limited downside, unlimited upside": geopolitical risks and U.S. dollar depreciation expectations underpin gold’s floor, while unpriced macro uncertainties leave upward potential open. For investors, this correction presents an optimal opportunity to establish medium-to-long-term long positions. We recommend batch entry between $3,350–$3,380, targeting the $3,500 psychological level, with a stop-loss set below $3,320 to mitigate short-term volatility.
Risk Warning : Closely monitor developments in the Middle East over the weekend and the pace of U.S. fiscal bill implementation, as sudden events may trigger sharp fluctuations in gold prices.
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
Gold Trade Setup - 22/Jun/2025Hi Traders,
I expect this pair to go Up after finishing the correction.
1) We are in uptrend and potentially correcting for further upside.
2) The current move can be just a part of a intermediate correction or can even go to break the top.
How to Enter : Look for engulfing with in the SL zone.
XAUUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
21/06/2025 || GOLD prediction || Bullish MomentumThrough my weekly Episode multi time frame analysis , you will get deep insights .
Market in on rising channel since last year and did not respect the 2960 milestone after breaking it,Seconldy the weekly candle rejected at 3335-3338 and closes above its previous structural support at 3330-3335.
our eyes will be at 3430 first then 3520 milestone on this next weekly candle
Geopolitical Hedging vs Monetary Policy: Gold Trading TipsGold prices continued this week's correction trend during Friday's Asian trading session, once falling near the one-week low. Although there was a slight rebound afterward, the overall trend remained in a weak adjustment pattern. This correction was mainly affected by the hawkish attitude of the Federal Reserve. At this week's policy meeting, the Fed kept interest rates unchanged, and the dot plot showed that only two rate cuts are expected by the end of 2025, while the rate cut expectations for 2026 and 2027 have been postponed. Even so, the US Dollar Index fell after hitting a weekly high, which provided some support for gold prices. In addition, growing trade concerns and escalating tensions in the Middle East have enhanced safe-haven demand, limiting the decline in gold prices.
From the 4-hour chart of gold, the current bullish momentum is dominant, and the resistance near 3375-3380 is clear. The pullback of gold prices has not broken through the upward channel for the time being, and the medium-to-long-term upward structure remains intact. If the Middle East conflict escalates or trade risks intensify, it may trigger a rebound and repair rally in gold prices. The daily chart closed in a doji star pattern, with prices retesting the middle 轨 of the Bollinger Bands, maintaining a volatile downward rhythm. The hourly chart shows significant downward characteristics, and a bearish strategy can be maintained before the resistance is broken. The resistance range is 3375-3380, and the support range is 3340-3345.
XAUUSD
sell@3070-3075
tp:3360-3350
Investment itself is not the source of risk; it is only when investment behavior escapes rational control that risks lie in wait. In the trading process, always bear in mind that restraining impulsiveness is the primary criterion for success. I share trading signals daily, and all signals have been accurate without error for a full month. Regardless of your past profits or losses, with my assistance, you have the hope to achieve a breakthrough in your investment.
XAU/USD Bearish Pattern Analysis XAU/USD Bearish Pattern Analysis 📉
The chart presents a potential bearish continuation setup in the XAU/USD pair, highlighted by technical structures and key price levels:
📊 Technical Breakdown:
🔸 Bearish Rejection from Resistance
Price rejected strongly from the 3,440.000 resistance zone, marked with a red arrow.
This area has acted as a historical supply zone, triggering repeated reversals.
🔸 Descending Channel Formation 📉
A clear bearish flag/channel structure is visible post-rejection.
Price action broke down from the channel, signaling potential trend continuation.
🔸 Target Level 🎯
The expected target is around 3,304.374, aligning with previous support zones and structure lows.
This level coincides with a measured move from the channel breakdown.
🔸 Higher Lows Pattern Before Reversal ⭕
Prior to the current decline, the market formed a series of higher lows, highlighted with orange circles — suggesting a buildup before reversal.
🧭 Key Levels to Watch:
Resistance: 3,440.000 – 3,420.000 🔼
Current Price: 3,368.750
Short-Term Target: 3,304.374 🎯
Major Support: 3,140.000 – 3,160.000 🛡️
📌 Outlook:
The rejection from resistance coupled with the descending channel breakdown indicates bearish momentum. If the market maintains below the recent high, further downside towards 3,304 is expected. Break below this may expose deeper support zones.
📉 Bias: Bearish
⏳ Short-term Action: Watch for breakdown confirmation and momentum continuation.
GOLD[XAUUSD]: Breakthrough the bearish pressure, What next?Evening Everyone,
Hope you are doing great, price recently breakthrough the current price inducement, showing a strong bullish volume emerging in the market. Long term approach remain bullish ultimately taking the price towards the new high.
Good luck
Team Setupsfx_
XAUUSD Trading Signals: Buy Dips at 3335-3345 Amid Bear Trap💡 Trading Framework In-Depth Analysis:
The Fed's policy statement failed to stir volatility (markets had fully priced in dovish expectations 💨);
Weekly market pattern: Asian sessions consistently saw rallies 📈, followed by profit-taking pullbacks in subsequent sessions 📉;
Tactical entry logic: Use intraday highs in Asian trading as resistance references for long positions 🎯.
📊 Technical Validation & Risk Anchors
⚠️ Key Warning: Geopolitical bullish signals ignored → classic "bear trap" characteristics (bear trap 🚫);
⏳ Timing Strategy: Asian session highs form ideal resistance levels—recommend entering on pullbacks to the 38.2% Fibonacci support level 🎯.
⚡️⚡️⚡️ XAUUSD Precision Trading Signals ⚡️⚡️⚡️
🚀 Long Entry Range: 3335-3345 (stop loss can be set below 3325)
🚀 Take-Profit Target Range: 3360-3370 (partial profit-taking at first target 3360 recommended)
📢 Service Value-Added Notes
✅ Core trading signals updated daily in the morning (validated across 4-hour/daily double-timeframes);
✅ Refer to signal logic at any time during trading for sudden situations 🧭 (with historical win-rate statistics attached);
🌟 Wishing you smooth trading Next week — seize pullback opportunities to position 👇
Gold Weekly Friday Trend Analysis and Trading RecommendationsOn Thursday, gold maintained a sideways trend, currently trading near $3,370. It hit a low of $3,347 and then rebounded immediately, while yesterday's Federal Reserve interest rate decision had little impact on market volatility. Since Monday, when bearish forces were stronger than bullish ones, the gold market has been seeing equalized bullish and bearish forces, consolidating as it waits for the next stimulus direction.
Once it stabilizes above $3,400 again, there is likely to be an inflection point, and it will gradually rise to test the upper track at $3,460–3,470. At the 4-hour level, it is currently under pressure at the middle track of $3,405, with support at $3,345.
Gold may break out of the current range on Friday. Intraday trading can focus on range operations between the support of $3,345 and the resistance of $3,400: when the gold price stabilizes above $3,360, you can lightly go long, with targets sequentially at $3,375 and $3,395; if it is resisted below $3,395, you can try to lightly go short.
XAUUSD
buy@3350-3360
tp:3380-3390-3400
Investment itself is not the source of risk; it is only when investment behavior escapes rational control that risks lie in wait. In the trading process, always bear in mind that restraining impulsiveness is the primary criterion for success. I share trading signals daily, and all signals have been accurate without error for a full month. Regardless of your past profits or losses, with my assistance, you have the hope to achieve a breakthrough in your investment.
XAUUSD:Go long before you go short
Yesterday's market is relatively fast, we pay attention to the stop profit point, today's Asian plate fell, technical point of view, this week after the big Yin, there is little strength of the rebound, often after the reverse draw will be recovered, the same down after the rapid counterattack, short-term overall performance for the shock downward trend, the center of gravity moving down.
The trading space is also gradually shrinking, within the day can be around 3340-3370 range to operate.
Trading Strategy:
BUY@3344-49
TP:3365-70
Consider going short at 3370-75
More detailed strategies and trading will be notified here ↗↗↗
Keep updated, come to "get" ↗↗↗
XAU/USD Bullish Breakout from Flag PatternBullish Flag Formation: The price consolidated in a downward-sloping flag after a sharp bullish move. A breakout has occurred, signaling renewed buying pressure.
Support Zone: The breakout aligns with the horizontal support area around 3,392, reinforcing the bullish bias.
Upside Targets: Based on price structure and measured move projection:
First target: 3,435 – 3,452
Final target zone: 3,500+
Momentum Confirmation: The Ichimoku cloud supports bullish continuation as price trades above it, showing strong upward momentum.
Conclusion:
Gold appears to be resuming its uptrend after a brief consolidation. As long as price holds above the breakout level (around 3,392), the bullish targets remain valid. Ideal scenario for continuation traders looking for entries on minor pullbacks
XAUUSD: Is Bullish Trend Ended? Or It is just beginning big moveAs we previously stated that price can reverse between 3340 to 3350 region, which was a pivotal point for bulls. Price smoothly moved currently trading at 3376 and possibly bullish move continuing towards 3400,3450 and ultimately reaching 3600.
Following the price’s all-time high at $3500, it experienced a sharp decline and failed to maintain that level. A substantial 2400 pips would have resulted in significant losses for many accounts. Initially, it was perceived as a minor correction, with the expectation of further price appreciation. However, this assumption proved incorrect. After reaching an even higher peak, the price invariably undergoes a more substantial correction.
At 3260, substantial bullish volume surged into the market, necessitated by the presence of a fair value gap. Subsequently, the price experienced a decline, reflecting the prevailing bearish trend, which favoured the bears. However, at 3200, a pivotal level representing a discounted price point, bull volume surged. This powerful bullish impulse propelled the price to 3432, ultimately confirming the bullish trend. AB=CD there recurring pattern emerged weekly. When the price reached the 3432 level as a fair value gap, the CD pattern commenced.
AB=CD we have identified a recurring pattern. It appears to be an equal move in any direction, and it has manifested precisely as anticipated. We were aware that the price would reject at 3120, and it did so accordingly. Currently, the market is in our favour. Upon market opening, it exhibited a positive gap, propelling the price to 3450. However, it subsequently declined, reaching 3384.
Presently, we find ourselves in the accumulation phase, poised for distribution. This distribution is anticipated to be substantial, potentially leading to another record high, potentially reaching 3650.
Moving forward, the price could continue towards our target from its current position. Alternatively, there exists a possibility that it may drain the sell-side liquidity and reverse from 3360-3370.
Our take-profit levels are set at 3450, 3490, 3520, and finally, 3600. When entering the market, it is advisable to employ a short time frame. It is important to note that this analysis is merely our opinion, and market conditions may deviate from expectations.
We extend our best wishes for success and safe trading. If you wish to demonstrate your support, you may consider liking, commenting, or sharing this analysis with others.
Sincerely,
Team Setupsfx_
Gold Pullback: Bear Trap or Buy Dip?📊 Chart Analysis: A clear pullback within the established uptrend is visible, testing key support at —a healthy correction that reinforces the bullish structure.
🔍 News Contradiction🌍: Despite escalating Middle East tensions (typically a gold-positive catalyst), prices are trending lower—a classic bear trap scenario 🚫📉. This divergence underscores the importance of buying dips amid emotional sell-offs.
💡 Trading Framework:
Fed policy statement yesterday failed to spark volatility, as markets had already priced in dovish expectations 💨;
Weekly pattern: Asian sessions have consistently seen rallies 📈, followed by profit-taking pullbacks in later sessions 📉;
Tactical entry: Use intraday highs from Asian trading as resistance references for long positions 🎯.
Technical Confirmations:
Risk Warning: Geopolitical bullish signals being ignored suggests deliberate bearish manipulation (bear trap 🚫);
Timing Strategy: Asian session highs serve as ideal resistance markers—look to enter on retracements to 38.2% Fib levels 🎯
⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️
🚀 Buy@ 3335 - 3345
🚀 TP 3360 - 3370
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
Gold XAUUSD Possible Move🚨 Trade Setup Alert
📍 H1 Orderblock Zone at 3330–3320
🔑 High-probability BUY setup after liquidity sweep 🟢
🎯 Target: 3362 and possibly 3396+
🛑 SL below 3315
📍 Mitigated Supply Zone at 3396–3400
🔻 Possible SELL setup if price rejects that level 🔴
🎯 Target: 3365 / 3340
🛑 SL above 3412
⚠️ Key Level: 3362–3365 must break to reach upper supply zone.
✅ A level viz. 3340 shared yesterday, I bought from 3340 and bagged +180 pips 💸
👀 Watch price action closely near these zones for confirmation.
📊 Trade with proper risk management! 💼
6/20 Gold Analysis and Trading SignalsGood evening, everyone!
After gold rallied to around 3388 yesterday, it began to retrace gradually, providing solid returns for our sell-side strategy.
As of now, gold has dipped to a session low near 3339. On the 30-minute chart, the MACD has formed a bullish crossover, and price has broken above the Bollinger mid-band, indicating short-term bullish momentum. The candle structure supports a potential rebound, but strong overhead resistance remains.
Key resistance comes from the 1H MA60 around 3371, and gold still trades within a broader bearish trend on the daily timeframe. While bulls may attempt a recovery, a complete trend reversal remains unlikely unless significant bullish catalysts emerge.
Hence, our strategy continues to favor selling near resistance levels, while cautiously considering long entries near well-defined supports.
📌 Trading Plan (VIP Focus):
✅ Sell Zone: 3370–3383
✅ Buy Zone: 3338–3321
✅ Flexible Trade Range: 3366-3349
Gold Eyes Breakout from Ascending Channel Toward $3,500📈 Chart Analysis
1. Rising Channel Structure
Gold (XAU/USD) has been trading within an upward-sloping channel, marked by the blue trendlines connecting interior lows and highs, culminating at point C (~$3,497). The latest bounce off the lower channel near “B” reinforces bullish bias – if this trendline holds, another leg higher toward resistance around $3,497–$3,500 is likely.
2. Support & Resistance Confluence
The purple trendline and the dotted horizontal green level (~$3,498) converge near the projected breakout point. This synergy provides a strong pivot zone — a successful breakout would validate targets near channel highs.
3. Harmonic Pattern in Play
The chart displays a bullish harmonic structure (likely a Bat or Gartley formation), with retracement ratios (0.719, 1.627) anchoring reversal areas. These reinforce the bounce at B and the potential move toward point C.
4. Trade Scenarios
Bullish Scenario (primary): A bounce off the trendline triggers a rally to the channel top and resistance zone ($3,497–$3,500).
Bearish Caution: A drop below the trendline invalidates the pattern, potentially bringing prices back to horizontal support around $3,296 or even $3,120, as indicated at point A.
🛠️ Technical & Market Context
Technicals: Daily trend remains bullish as long as price holds above ~$3,340–$3,350, with resistance forming in the $3,380–$3,400 range
Fundamentals: Geopolitical tension (e.g., Middle East conflict) and safe-haven inflows continue to underpin gold — though Citi expects prices to eventually correct toward $3,300–$3,500 mid‑term
.
Sentiment: Some analysts advocate “selling the rallies,” especially into the $3,450–$3,500 zone . But central banks’ ongoing buying and potential Fed rate cuts support a stronger floor
.
✅ Trade Strategy
Scenario Entry Zone Target Stop Loss Placement
Play the Bounce ~$3,350–$3,360 $3,497–$3,500 Below trendline near B zone (~$3,320)
Breakout Trade On momentum above $3,400 $3,497–$3,550 Below breakout (sub-$3,380)
Bearish Trigger Break & close below trendline Back to $3,296 / 3,120 Just above trendline ($3,360)
🔍 Summary
Gold remains in a structurally bullish setup inside an ascending channel. The confluence of harmonic reversal, strong trendline support, and pending fundamental catalysts presents a high-probability opportunity to push toward the $3,500 area—provided the trendline and $3,340–$3,350 support hold. A drop below would invalidate the bullish outlook and favor deeper retracement.
Trading Guide for Long-Short Game under Oscillating PressureI. Yesterday's Market Performance and Trend
Yesterday, the price of gold exhibited a "V-shaped" oscillation pattern. In the morning session, it faced selling pressure around $3,380 and declined to a low of $3,347. Subsequently, it rebounded and returned to the trading range of $3,360 - $3,375. On the daily chart, it closed with a doji star, and trading volume contracted, indicating a stalemate between bulls and bears and the entry into a narrow trading range.
II. Outlook for Today's Weekly Close
As today marks the end of the weekly trading cycle, there are no clear factors driving a unidirectional trend. Key macroeconomic data has not been released yet, and the market remains divided on the Federal Reserve's future monetary policy. Technically, the daily moving averages have flattened out, and the Bollinger Bands have narrowed, suggesting that the consolidation pattern is likely to persist.
III. Technical Analysis of the 4-Hour Timeframe
In the 4-hour timeframe, the price of gold has been trading below the middle band of the Bollinger Bands. The MACD has formed a bearish crossover below the zero line, with the green bars expanding. It has also broken below the upward trend line. The support level at $3,340 is now under threat. With a weak RSI, the market is expected to move lower in a volatile manner.
IV. Trading Strategies
Focus on Short Positions: Initiate small - scale short positions when bearish K - line patterns appear around $3,360, with a stop - loss set at $3,375 and a target price of $3,340. Consider adding to short positions if the price drops below $3,365, with a stop - loss at $3,380 and targets at $3,350 - $3,340. Supplement with Long Positions: Open small long positions if the price stabilizes at $3,340, with a stop - loss at $3,330 and a target price of $3,355. Add to long positions if bullish patterns emerge at the strong support level of $3,315, with a stop - loss at $3,300 and targets at $3,330 - $3,340.
Pay close attention to the release of the US initial jobless claims data in the evening. Limit each position to no more than 10% of the total capital and strictly adhere to stop - loss and take - profit levels.
XAUUSD
sell@3360-3370
tp:3350-3340
buy@3335-3345
tp:3355-3365
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
The bear market is over? Short at high and long at low📰 Impact of news:
1. The interest rate remains unchanged and leads to new lows in the short term
2. Geopolitical tensions provide support for risk aversion
📈 Market analysis:
Due to the early closing yesterday, the volatility of the US market was limited and the market seemed relatively flat. From a technical perspective and the current trend, 3340 is a key defensive support level. If it retreats to this level, you can consider going long. If the gold price continues to rise and reaches 3375, from the perspective of trading strategy, you can choose to place a short order here. Focus on the resistance line of 3370-3375 during the day, and pay attention to the support of 3345-3335 below.
🏅 Trading strategies:
SELL 3370-3375
TP 3360-3355-3345
BUY 3345-3335
TP 3360-3370
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD