📊 Technical Analysis
● XAU/USD touched the upper boundary of the ascending channel near 3720–3730, where rejection signals have formed.
● Price is expected to retrace toward 3685 and possibly 3668 support, confirming a short-term pullback.
💡 Fundamental Analysis
● Gold faces selling pressure as U.S. yields remain elevated and the dollar holds firm ahead of Fed commentary, reducing safe-haven demand.
✨ Summary
Gold shows rejection at 3720–3730 resistance, projecting a correction toward 3685 and 3668 support with short-term bearish momentum.
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● XAU/USD touched the upper boundary of the ascending channel near 3720–3730, where rejection signals have formed.
● Price is expected to retrace toward 3685 and possibly 3668 support, confirming a short-term pullback.
💡 Fundamental Analysis
● Gold faces selling pressure as U.S. yields remain elevated and the dollar holds firm ahead of Fed commentary, reducing safe-haven demand.
✨ Summary
Gold shows rejection at 3720–3730 resistance, projecting a correction toward 3685 and 3668 support with short-term bearish momentum.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.