GOLD / US DOLLAR KILO forum
Ready For Next Weak
From a comprehensive analysis, next week, the bearish thinking will be maintained as the main focus, supplemented by low-multiples. Pay attention to the 3325-3337 area for upper resistance, and then pay attention to the 3345-3353 area. As for the lower support, focus on 3287-3272. Whether it can be directly broken needs to be judged based on the actual trend.
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Spot gold continued to fall to around $3306. As the call between the leaders of China and the United States released a signal of easing trade tensions, Trump said that the dialogue had reached a "very positive conclusion", and China emphasized the withdrawal of negative measures against China. The market interpreted this as a signal of trade thawing, weakening the safe-haven demand for gold. The decline in gold prices reflects the optimistic expectations for trade negotiations.
Technical analysis:
In terms of 4 hours, since the bulls are unable to extend, it is enough to reflect that the market's risk aversion sentiment has been fully released and digested. As the gains above 3330 are retraced, the bears will most likely touch the 3300 level.

( XAUUSD ) BUY zone
( TRADE SATUP)
ENTRY POINT (3310) to (3315) 📊
FIRST TP (3320)📊
2ND TARGET (3325) 📊
LAST TARGET (3335) 📊
STOP LOOS (3298)❌
Idea: XAUUSD:China-US trade talks re…
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