XAUUSDGC1!MGC1! Yesterday, gold dipped to the 2950 support zone, still under bearish pressure. However, the market did not enter into an extreme one-sided sell-off. Instead, an intraday rebound suggested that short-term buying interest is beginning to emerge.
Following last week's and yesterday’s sharp correction, the 1-hour technical structure has started to show early signs of a potential bottom. While a retest of the 2960–2950 area in the near term cannot be ruled out, the broader price action now supports the technical conditions for a medium- to short-term rebound.
Currently, gold is stabilizing around the 2980-2960 level. Even if additional bearish pressure emerges, the maximum downside support is expected in the 2919–2888 range. This suggests a likely transition into a low-level consolidation and base-building phase, rather than a continued steep decline.
From a technical perspective, the 3100 zone is a key corrective target for this pullback. The market may gradually move higher to complete a structure recovery, offering a limited-risk, clearly defined opportunity for the bulls.
XAUUSDGC1! Idea: Buy gold now, target 3000/3020… Gold rebounded as expected, and the current price is 2985. Considering that it is about to close, and the recent volatility in the Asian session is very large, the uncertainty is too high, I am ready to take profits in advance, and everyone should try to take profits before the closing, after all, it is more reassuring to hold the profits in your own hands
If you don’t know where to enter the market, you can come to my group to get accurate trading signals
XAUUSD The timing of the long-short conversion is very important. This is a time to celebrate. Because after following my exclusive guidance, shorting has perfectly expanded profits. There are some new traders in the analysis circle who have followed the trading results.
If you are not here yet, remember to join. Sometimes you will receive real-time trading opportunities and market analysis.
Or leave me a message directly. I will reply to you in time when I see it.
Idea: If gold resistance 3055 cannot… Gold has now reached 2970. All of our short selling targets in the 3045-3055 area today have been reached. If you follow the strategy trading, then you must have made a lot of money. Congratulations!
If you don’t know where to enter the market, you can come to my group to get accurate trading signals
XAUUSDGOLDGC1! Idea: Gold: Focus Remains on Buy-the… This is a market full of both opportunities and risks. With the right trading management, you can not only grow your account steadily—but even double it with confidence. However, poor timing or impulsive trades can easily lead to significant losses or even a blown account.
XAUUSDGC1! Gold has just rebounded to the 3045-3055 area, which just triggered our limit order at 3045. Now the price has fallen to 3017, and has touched the TP of 3020. Congratulations to all friends who copied the signal and made a lot of money.