Gold: Resistance Validated, Short at 3340-3350 Tomorrow📈 Gold Trading Recap & Tomorrow's Strategy: Resistance Holds, Short Opportunities Persist
💎 Today's newly updated live short strategy hit the TP target successfully! As mentioned earlier, when gold failed to break the support level, we anticipated it to range around 3330—today's trades were precisely centered on this logic. The 3350 resistance was also validated firmly during the session.
💎 Expect further upside in tomorrow's Asian session—recommend continuing short positions within the 3340-3350 range 🚀
🚀 Sell@3350 - 3345
🚀 TP 3335 - 3325 - 3315
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 🌟 👇
Xauusdsignal
Gold - The final resistance breakout!Gold - TVC:GOLD - prepares a final rally:
(click chart above to see the in depth analysis👆🏻)
Over the past 12 months, Gold rallied more than +70%. However the past three months clearly rejected a major horizontal resistance. But price action on the smaller timeframe remains incredibly bullish. Therefore an all time high breakout will most likely follow.
Levels to watch: $3.500
Keep your long term vision!
Philip (BasicTrading)
Gold is sideways. Is a new trend brewing?Information summary:
On June 23, Trump announced that Iran and Israel reached a comprehensive ceasefire, but the asymmetric terms of the agreement caused the conflict to continue. Israel launched another air strike on Iran, and Israel threatened to kill Iranian senior officials. The uncertainty of geopolitical risks continues to support gold prices.
Market analysis:
From the 4-hour chart, the MA5-day and 10-day moving averages show signs of upward divergence, and the K-line stands firm on the moving average support and fluctuates upward. In the short term, pay attention to the breakthrough and decline of the 3350 pressure level. The current market's downward momentum has weakened, and the overall market remains volatile. We need to be wary of the risk of short-term adjustments after continuous surges. Be alert to the short-term adjustment risks after continuous highs.
Operation strategy:
Short near the price rebound of 3345, stop loss 3355, profit range: 3330-3320.
Gold fluctuates at high levels, intraday trading points📰 Impact of news:
1. Initial unemployment claims data
📈 Market analysis:
Gold has begun to show signs of bottoming out in the short term in the past two days. Since the daily line bottomed out and pulled up, the daily line closed positive yesterday, and the bulls began to counterattack, and the 1H low was rising. If it doesn't fall further in the short term, it will most likely bottom out and rebound. The upper pressure is at the Bollinger middle track of 3355, which is also the high point of Tuesday's decline. If gold breaks and stabilizes at this price, it will have a larger upward space, and the upper side will look at 3385. In the 4H chart, MACD temporarily forms a golden cross, which is a bullish signal; but the BOLL track pressure is still there, and gold bears still have momentum in the short term. Therefore, on the whole, in the short term, gold should pay attention to the 3350-3360 resistance above. If it encounters resistance under pressure here, it can consider shorting. Pay attention to the 3330-3320 support area below.
🏅 Trading strategies:
SELL 3350-3360
TP 3340-3330-3320
BUY 3330-3320
TP 3340-3350
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.
TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
Gold volatility intensifies. Waiting for direction?The price of gold fluctuated greatly this week, which means that the end point of sentiment will not disappear so easily for the time being; in the short-term K-line pattern, there are continuous ups and downs. If you want to trade steadily, you can wait and see for a while.
From the hourly chart, the MA5-day and 10-day moving averages cross downward, and the RS indicator hovers around 40.7. This shows that the market trend is weak. The current price has bottomed out near 3310 and rebounded to fluctuate around 3320. The price may continue to decline after a slight rebound.
Today, focus on the long opportunities near 3305 and the pressure position above 3345.
Quaid has always believed that only by insisting on detailed analysis of the market and reducing losses, can we slowly accumulate the principal of the account.
Good luck to everyone.
6/26 Gold Analysis and Trading ViewGood morning, everyone!
Yesterday, gold rose to around 3336 before pulling back, then revisited the same level again. The buy-on-dip strategy performed well, delivering solid profits.
At today’s open, prices have moved slightly higher but remain near resistance. Technically, there’s potential to test the 3350 area, and if the move is strong, a rally toward 3370 is also possible.
If gold reaches this zone, it may present a favorable short-term selling opportunity. Therefore, today's trading strategy should focus on range-based trading between 3326-3368, selling near resistance and buying near support.
Key levels to watch:
Resistance: 3348–3352
Support: 3326–3318
Lastly, be mindful: if a trending move emerges, adjust your strategy accordingly and avoid counter-trend trades. Stay flexible and manage risk wisely.
XAUUSD has been in a strong free fall following the sell strategXAUUSD has dropped sharply in a free fall, perfectly following the sell strategy from 3348–3350.
We have won.
Trading Strategy for XAUUSD OANDA:XAUUSD
Based on the current price structure and short-term bias, here are two tactical trade setups:
Sell Setup – If Price Rejects Resistance
Entry: 3,348 – 3,350 USD
Stop-loss: 3,357 USD
Take-Profit 1: 3,340 USD
Take-Profit 2: 3,335 USD
Take-Profit 3: 3,330 USD
Buy Setup – If Price Holds Support
Entry: 3,328 – 3,330 USD
Stop-loss: 3,320 USD
Take-Profit 1: 3,338 USD
Take-Profit 2: 3,340 USD
Take-Profit 3: 3,348 USD
Important: Always set a stop-loss in every trade to manage risk effectively.
Gold Builds Bullish Momentum After $3,294.0 ReboundGold bounced from $3,294.0, forming a double bottom pattern as XAU/USD consolidates near $3,330.0. Stochastic has exited oversold territory, signaling strengthening bullish momentum.
If $3,294.0 holds as support, the uptrend may continue toward the $3,393.0 target.
XAU/USD Bearish Bomb Ready to Explode? (Entry Levels Inside)🏦💰 GOLD HEIST ALERT: XAU/USD Bearish Raid in Progress! (Short Setup Inside) 💰🏦
🚨 Cops Waiting at Resistance? Here's How to Steal Pips & Escape Safely! 🚨
🦹♂️ ATTENTION ALL MARKET BANDITS!
To the Profit Pirates & Risk-Takers! 🌍💣
Using our 🔥Thief Trading Tactics🔥 (a lethal mix of liquidity grabs + institutional order flow + macro traps), we're executing a bearish gold heist on XAU/USD—this is not advice, just a strategic robbery plan for traders who play by their own rules.
📉 THE GOLD VAULT RAID (SHORT ENTRY PLAN)
🎯 Loot Zone: 3280.00 (or escape earlier if bulls fight back)
💣 High-Stakes Play: Neutral trend turning bearish - trap for late buyers
👮♂️ Cop Trap: Where bullish traders get arrested by resistance
🔪 ENTRY RULES:
"Heist Activated!" – Strike when price breaks 3340.00
Sell Stop Orders above MA OR Sell Limit on pullbacks (15-30min TF)
Aggressive? Enter at market but use tighter stops
📌 SET ALERTS! Don't miss the breakdown
🚨 STOP LOSS (Escape Plan):
Thief SL at 3390.00 (4H swing high)
⚠️ Warning: "Ignore this SL? Enjoy your margin call."
🎯 TARGETS:
Main Take-Profit: 3280.00
Scalpers: Ride the bear waves only
🔍 FUNDAMENTAL BACKUP (Why This Heist Works)
Before raiding, check:
✅ COT Data (Are big players dumping gold?)
✅ Real Yields (TIPS vs Gold correlation)
✅ Geopolitical Heat (Safe-haven flows drying up?)
✅ DXY Strength (Dollar crushing commodities?)
🚨 NEWS RISK WARNING
Avoid NFP/CPI/FOMC periods (unless you like volatility torture)
Trailing stops = your get-out-of-jail-free card
💎 BOOST THIS HEIST!
👍 Smash Like to fund our next raid!
🔁 Share to recruit more trading outlaws!
🤑 See you at the target, rebels!
⚖️ DISCLAIMER: For entertainment only. Trade at your own peril.
#XAUUSD #GoldTrading #TradingView #LiquidityGrab #ThiefTrading
💬 COMMENT: "Short already—or waiting for confirmation?" 👇🔥
The Direction After Sideways Fluctuation at 3330Trump's announcement of an Israel-Iran ceasefire dented safe-haven sentiment, curbing safe-haven buying 🛑. Gold opened with a sharp plunge, then extended losses as Powell later stated that more time is needed before considering rate cuts—dovish expectations eased, sending gold further lower ⬇️. The price briefly fell below the 3,300 level, nearing 3,295 at its lowest, but failed to breach the 3,290-3,300 support zone 📊. As I indicated yesterday, traders could test rebound strength near support; once news impacts faded, gold rebounded to close at 3,323 🔄.
Currently trading sideways around 3,330, gold faces resistance at 3,350 while downside support remains at 3,290-3,300 📈📉. We therefore maintain a bearish stance
⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️
🚀 Sell@3345 - 3335
🚀 TP 3325 - 3315 - 3305
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 🌟 👇
XAUUSD Hello traders.
Today’s first trade setup comes from the XAUUSD pair. The pair is currently positioned in an ideal buy zone, and I’ve spotted a potential long opportunity. There are three different take profit levels, all of which are listed below. Personally, I’ll be closing my position at the first TP level: 3366.66.
However, keep in mind that two major economic events will be released today:
📌 Gross Domestic Product (GDP) (QoQ) – Q1
📌 Initial Jobless Claims
These are highly impactful events, so please manage your risk accordingly.
🔍 Trade Details
✔️ Timeframe: 30-Minute
✔️ Risk-to-Reward Ratio: 1:2.5
✔️ Trade Direction: Buy
✔️ Entry Price: 3336.62
✔️ Take Profit: 3366.67 / 3382.51 / 3392.36
✔️ Stop Loss: 3324.97
🕒 If momentum fades or the price consolidates within a tight range, I’ll keep this trade open only until 23:00 (UTC+4). After that, I’ll close it manually—whether in profit or loss—depending on how the price action evolves.
🔔 Disclaimer: This is not financial advice. I’m simply sharing a trade I’ve taken based on my personal trading system, strictly for educational and illustrative purposes.
📌 Interested in a systematic, data-driven trading approach?
💡 Follow the page and turn on notifications to stay updated on future trade setups and advanced market insights.
Escalating U.S. Debt Crisis Coupled with Weaker U.S. DollarPowell Unleashes Rare Dovish Signal, Gold Rebounds to $3,330
In yesterday's speech, Powell remarkably signaled policy easing, explicitly stating the Fed "will take appropriate actions to sustain economic expansion," driving gold's short-term rebound to the $3,330 threshold. Technically, gold is now locked in a strong consolidation range of $3,300–$3,350, with the Bollinger Bands midline at $3,325 emerging as the focal point of long-short battles.
The U.S. Dollar Index hit a new low today, while the U.S. debt crisis is set to raise the borrowing ceiling again—both tailwinds for gold's upward momentum.
Trading Strategy Recommendations:
- Short at Resistance: Enter light short positions between $3,345–$3,350, set stop-loss at $3,360, and target a pullback to $3,320.
- Long at Support: Initiate staggered long positions in the $3,310–$3,300 support zone, set stop-loss at $3,290, and target a rally to $3,340–$3,345.
- Volatility Trading: Exploit range-bound movements around the $3,330 midline, aiming for 8–12 dollar profits per trade.
Market Note: With the dollar weakening and debt ceiling tensions resurfacing, gold's safe-haven appeal is reinforced. Maintain position sizes below 5% and strictly enforce $15 stop-loss orders to navigate news-driven volatility.
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.
XAU/USD – Smart Money Building Toward $3360? |26 June 2025Gold (XAU/USD) is pushing into fresh highs around $3337, and we may be approaching a key inflection point. But beneath the surface of candles and wicks lies the real story — one written by liquidity, displacement, and smart money positioning.
This outlook breaks down gold’s price action using Smart Money Concepts (SMC), price structure, and Fibonacci confluence, to help identify the most probable high-value trade zones for both swing and intraday traders.
4H Outlook – Institutional Flow & Structure
Market Structure
Gold recently broke above the $3310–$3320 resistance, confirming a bullish Break of Structure (BOS). This keeps the market in a sequence of higher highs and higher lows, validating continued bullish pressure.
Smart Money Insights
BOS: Clean break above $3320 signals strength.
CHoCH: None yet — trend remains bullish.
Liquidity Sweep: Sell stops below $3295 have already been taken.
Buy-Side Liquidity: Sits above $3350 — price may gravitate there next.
FVG: Unfilled Fair Value Gap between $3314–$3322 — possible retracement zone.
Bullish OB: Identified between $3300–$3310, aligned with FVG and BOS level.
Equilibrium: Using $3275 (swing low) and $3342 (swing high), the midpoint sits near $3308, acting as fair re-entry value.
Key Zones
Buy Zone (Demand): $3295–$3310 — OB + FVG + Fib confluence.
Sell Zone (Supply): $3350–$3360 — next likely liquidity target.
Bias Summary
As long as price remains above $3295, the bullish structure stays valid. Watch for a retracement into $3308–$3316 for potential continuation toward $3350–$3360. Price may briefly dip below $3310 to trigger liquidity before moving higher.
1H View – Precision Entries
Structure
Following the high at $3342, price has pulled back slightly and is forming what appears to be a bullish flag — often a continuation pattern.
Smart Money Zones (1H)
FVG: $3315–$3322 — potential short-term reaction zone.
Order Block: $3305–$3312 — 1H bullish OB aligned with 4H bias.
Sell-side Liquidity: Swept at $3295 earlier this week — supports continuation.
Trade Setups
Long Setup #1 – Optimal Entry
Entry: $3308–$3315
Stop: Below $3295
TP: $3342 (partial), $3350–$3360 (full)
Why: Strong zone combining FVG, OB, and Fib support.
Long Setup #2 – Aggressive Entry
Entry: $3316–$3320
Stop: $3300
TP: $3340–$3350
Why: Quicker entry inside the imbalance — riskier but valid.
Short Setup – Countertrend (Low Conviction)
Only valid on a clear break below $3310 + CHoCH
Entry: Below $3310 (confirmed)
Target: $3295
Note: Lower confidence unless 1H structure turns bearish.
Final Notes
The bias remains bullish above $3301–$3308. This is a high-probability area to look for long setups on retracement. Avoid shorts unless we see a confirmed structural shift with a CHoCH and OB breakdown.
Expect the market to potentially hunt stops below $3310, then aim for liquidity sitting above $3350–$3360.
Gold continues to fluctuate. Waiting for a trend?Today, gold has been suppressed below the high of 3345, and the hourly line tends to be weak. Looking at the number of Yin and Yang lines on the hourly line during the fluctuation, we can see that the typical Yin line is continuous and the Yang line is few, plus the weak suppression of the previous day, from the rhythm point of view, it is a weak signal.
From the hourly chart, around 3312, this is the 0.618 position of the retracement of the 3295-3337 fluctuation range. The decline is slow during the day, and the 0.618 position has become a support rebound.
And the current trend, like the previous day, may continue to rebound and then fall. At the same time, there was no cyclical decline in the early Asian session. Instead, it fluctuated sideways, bottomed out and rebounded, and then continued to return to the high of the previous day.
Judging from the current market situation, the Asian market bottomed out and rebounded in the morning, reaching a high of around 3343, and then began to fall back, and is currently fluctuating around 3335.
The trend of the European session is very critical, and the focus is on the watershed below 3328. If this position falls below, the price will most likely continue to fall.
Operation strategy:
Short around 3340, stop loss 3350, profit range 3320-3310.
Trading Strategy (XAUUSD) – June 25, 2025 After a sharp decline in the previous session, XAUUSD has shown a mild recovery and is currently trading around 3,332 USD. However, price action suggests this could merely be a pullback within a broader downtrend, as gold has yet to break above the key resistance zone.
Technical Analysis
Price Action
Gold has bounced from the support zone between 3,291 – 3,317 USD, which has historically acted as a strong demand area. This zone also aligns with the Fibonacci 0.382 retracement from the previous bullish leg.
However, XAUUSD remains below the key resistance zone at 3,373 – 3,392 USD, which is a confluence of:
- The Fibonacci 0.618 retracement from the most recent downtrend
- A historical supply zone that has been rejected multiple times
- The upper boundary of the sideways range formed since May
- If price fails to break through this zone in the coming sessions, the risk of continued downside remains high.
RSI Indicator
- The RSI (14) is currently hovering around the neutral zone (49–54), indicating that the rebound lacks the strength needed to confirm a trend reversal.
- The RSI has not crossed above the 55 threshold, suggesting the dominant trend is still bearish.
Key Technical Levels to Watch
Resistance:
- 3,373 – 3,392 USD: Confluent resistance zone (Fibonacci 0.618 + prior supply zone)
- 3,435 – 3,452 USD: Major swing high, a key medium-term reference level
Support:
- 3,291 – 3,317 USD: Immediate support zone, still holding strong
- 3,250 – 3,224 USD: Potential downside target if the bearish momentum resumes
Suggested Trade Setups
Scenario 1 – Buy if price holds above 3,291 and shows confirmation signals
Entry: 3,295 – 3,300 USD
Stop-loss: Below 3,289 USD
Take-profit: 3,340 – 3,355 – 3,370 USD
Conditions: Must show clear bullish reversal patterns (Pin Bar, Bullish Engulfing) on H1 or H4 timeframe
Scenario 2 – Sell if price rejects from resistance zone with confirmation candle
Entry: 3,370 – 3,375 USD
Stop-loss: Above 3,392 USD
Take-profit: 3,330 – 3,310 – 3,290 USD
Conditions: Clear bearish rejection candle + declining volume
Note: XAUUSD is currently in a technical rebound phase after a strong drop but lacks solid reversal confirmation. Traders should closely monitor the price reaction near the 3,373 – 3,392 USD resistance zone over the next sessions. This area will determine whether the downtrend will resume or a reversal begins.
Stay tuned for more daily trading strategies, and make sure to save this analysis if you find it helpful for your trading plan.
Strategy analysis by @Henrybillion
XAUUSD Technical Outlook – Rebound or Trap?1. Market Overview
After a sharp rejection near the 0.618 Fibonacci level, XAUUSD has pulled back and is now trading around 3,323 USD. Although price has stabilized somewhat, technical indicators suggest this is likely a corrective move within a prevailing downtrend.
2. Technical Analysis
Price Action
XAUUSD is currently hovering near 3,323 USD after a failed attempt to break above the resistance zone at 3,373–3,392 USD — an area marked by:
The 0.618 Fibonacci retracement from the recent downtrend
Repeated historical rejections.
The upper boundary of a sideways consolidation range from early June.
Recent candlesticks show indecision and rejection from higher levels, suggesting sellers are still in control.
Support Zone Behavior
The price recently bounced from the 3,294–3,317 USD range, where strong historical support and the 0.382 Fibonacci level align.
This zone continues to hold, but if broken, could open the door to deeper declines toward the 3,250 or even 3,224 USD levels.
RSI Indicator
RSI remains flat around the neutral zone, indicating a lack of bullish momentum.
No significant divergence or breakout signals are currently visible on the daily RSI chart.
3. Key Technical Levels
Resistance:
3,373 – 3,392 USD: Confluence resistance zone (0.618 Fib + historical supply).
3,435 – 3,453 USD: Previous swing high – key medium-term benchmark
Support:
3,294 – 3,317 USD: Immediate support, holding for now.
3,250 – 3,224 USD: Potential next target zone if bearish pressure resumes.
4. Trade Setup Scenarios.
Scenario 1 – Buy if support holds and bullish confirmation appears
Entry: 3,295 – 3,305 USD.
Stop-loss: Below 3,289 USD.
Take-profit: 3,340 – 3,355 – 3,370 USD.
Condition: Look for bullish reversal patterns (e.g., Bullish Engulfing, Pin Bar) on H1–H4.
Scenario 2 – Sell on rejection from resistance zone
Entry: 3,370 – 3,375 USD.
Stop-loss: Above 3,392 USD.
Take-profit: 3,330 – 3,310 – 3,290 USD.
Condition: Clear bearish rejection candlestick with diminishing volume
Note:
XAUUSD remains in a vulnerable state. The current move may be a technical rebound rather than a true reversal. Traders should watch closely how price behaves around the 3,373–3,392 USD zone in the coming sessions. A breakout could signal a new bullish leg, while another rejection would likely confirm a continuation of the bearish trend.
Gold may continue to rebound to 3350-3360If gold can stand above 3330 today, it will stimulate long trading behavior to a certain extent, especially the self-rescue behavior of trapped longs. Gold may continue to rebound and is expected to reach the 3345-3355 area. So there is no need to risk shorting gold near 3330 for the time being; although gold may continue to rebound, it is still under pressure in the 3350-3360-3370 area; and gold is still weak overall, so we can consider shorting gold in the 3350-3360 area and look at the target area of 3325-3315.
The Premium privilege of my account will end on June 26, and it will stop updating here from tomorrow. Friends in the channel have already made a lot of money by following my trading strategy. Friends who have not joined yet can join and receive the latest trading strategies and trading signals as soon as possible to escort your trading!
BTC continues to short at high levels during the day📰 Impact of news:
1. Geopolitical impact
📈 Market analysis:
BTC has reached an intraday high of 108,125, just one step away from the all-time high of 112,000. With the increase in trading volume and institutional sentiment turning bullish, the momentum seems to be in the bulls' favor. In addition to institutional buying, the ceasefire agreement in the Iran-Israel war is also an important factor in Bitcoin's sharp rebound. Trump's announcement of the end of the war almost immediately triggered a surge in the cryptocurrency market. However, the overall pattern has not changed, and the range resistance has not been broken, so we still keep the idea of shorting at high levels.
🏅 Trading strategies:
SELL 108000-107500
TP 104500-103500
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.
XAU/USD: Long-Short Battle at $3,300 ThresholdAccurate Verification of Middle East Situation Analysis
Yesterday's morning strategy focused on analyzing the authenticity of the Middle East ceasefire agreement. By deconstructing the policy logic and strategic intent behind Trump's statement, we accurately predicted that the "Israel-Iran ceasefire" had not reached an official consensus. Although logical analysis confirmed doubts about the news, gold prices still broke below the psychological integer threshold of $3,300 driven by market sentiment, highlighting the irrational feature of "emotion dominating facts" in the current market.
Escalating Trade War Risks Intensify Market Volatility
While the Middle East conflict remains unresolved, the EU issued an official statement last night, clearly stating it will launch retaliatory tariffs to force the U.S. to reach more favorable trade agreements. This move marks a further escalation of transatlantic trade friction, and market concerns about global economic growth may resurface.
Three Key Events to Monitor Closely
Gold prices are currently in a long-short stalemate at the $3,300 threshold, with the following events set to determine the short-term trend:
1.Signals of Fed Policy Pivot
Focus on the degree of rate cut expectations released in Powell's speech. A dovish signal will strengthen gold's safe-haven appeal.
2.Progress of EU-U.S. Tariff Game
Whether the EU substantially initiates counter-tariffs directly affects market assessments of global trade system stability.
3.The Legislative Process of the One Big Beautiful Bill
If the act passes smoothly this week, it may reconstruct North American trade rules—be vigilant against sudden policy shocks.
Short-Term Market Outlook
Before the above events materialize, gold is likely to oscillate within the range of $3,280-$3,350. Traders are advised to adopt a "buy low, sell high" range strategy:
- Light short positions can be taken at the upper resistance of $3,350 with a stop-loss at $3,370.
- Long positions can be initiated at the lower support of $3,280, targeting $3,320.
Note: The current market is significantly driven by news. All operations must strictly set stop-loss orders, with position sizes controlled within 15%.
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.
Short gold after reboundGold rebounded after touching 3312, and has now rebounded to 3330, but the rebound strength is far less than the decline strength, so the overall performance of gold is still weak. Because gold fell sharply yesterday, the market bullish confidence suffered a heavy blow, and there are many resistances above after gold fell and broke, and it is under pressure at 3340-3350 in the short term, and there is a technical gap above that suppresses the 3360-3370 area.
Therefore, before gold stabilizes in the 3360-3370 area, the short-selling force still has the upper hand, so we still focus on shorting gold in trading. We can consider shorting gold with the 3340-3350 area as resistance, and look at the target area of 3320-3310.
The Premium privilege of my account will end on June 26, and it will stop updating here from tomorrow. Friends in the channel have already made a lot of money by following my trading strategies. Friends who have not joined yet can join and receive the latest trading strategies and trading signals in the first time to protect your trading!
Gold fluctuates upward. Trend change?Yesterday, the gold daily line closed with a middle-yin candlestick with a lower shadow. The closing price has lost the middle and lower rail positions one after another, and the short-term downward pressure adjustment will continue.
The hourly level shows a bottoming out and rebound, and it rose in the early Asian session, breaking through the pressure resistance of 3328-3332 in the European and US sessions yesterday, but it did not continue the rebound and fell into a narrow range. At present, there is still great resistance above 3340, and it has failed to break through after many attempts, but the hourly line track has not been completely lost.
Pay attention to the 3315 support for long positions, and pay attention to the 3340-3355 short position range for upward movement. For the period of shock, strong support or resistance will inevitably produce inertial puncture behavior, and some errors are normal. We need to pay attention to the market trend at all times and change strategies in time.
Today we need to focus on the response strategies for resistance and support levels, which will determine whether we can achieve profits within the fluctuation range.
Good luck to everyone.