BigPapaaX

BigPapaaX

While the long-term trend remains bullish, the current consolidation phase suggests that gold prices may experience short-term volatility. Investors should monitor key levels around $3,200 for support and $3,250–$3,300 for resistance. A breakout above these levels could confirm the continuation of the uptrend.

BigPapaaX Updated 

XAU/USD fell during the Asian and early European trading sessions. Today, investors await U.S. Purchasing Managers’ Index data due at 1:45 p.m. UTC to get fresh clues on the economic situation. Spot gold may retest support at $3,286. A break below could open the way towards $3,000.

BigPapaaX

This is my personal opinion. I think gold will move like this.