📊 Market Overview:
Gold is holding at record highs, trading around $3,652/oz, supported by a weaker dollar, lower yields, and growing Fed rate cut expectations.
📉 Technical Analysis:
• Key resistance (near-term): 3650 – 3665
• Extended resistance (H1): 3690 – 3700
• Nearest support: 3640 – 3635
• Extended support (H1): 3615 – 3608
• EMA: Price is trading above multiple EMAs, confirming a bullish bias.
• Candles / Volume / Momentum: Momentum remains bullish; RSI on H1 is slightly overbought, suggesting potential for short pullbacks before continuation.
📌 Outlook:
Gold is likely to continue higher short-term if it holds above 3640. A breakout above 3665 could open the door to 3690 – 3700, with potential extension to 3725 – 3735. Conversely, a drop below 3635 may trigger downside pressure toward 3615 – 3585.
💡 Suggested Trading Strategy:
🔺 BUY XAU/USD: 3640 – 3643
🎯 TP: 40/80/200 pips
❌ SL: 3637
🔻 SELL XAU/USD : 3663 – 3666
🎯 TP: 40/80/200 pips
❌ SL: 3669
Gold is holding at record highs, trading around $3,652/oz, supported by a weaker dollar, lower yields, and growing Fed rate cut expectations.
📉 Technical Analysis:
• Key resistance (near-term): 3650 – 3665
• Extended resistance (H1): 3690 – 3700
• Nearest support: 3640 – 3635
• Extended support (H1): 3615 – 3608
• EMA: Price is trading above multiple EMAs, confirming a bullish bias.
• Candles / Volume / Momentum: Momentum remains bullish; RSI on H1 is slightly overbought, suggesting potential for short pullbacks before continuation.
📌 Outlook:
Gold is likely to continue higher short-term if it holds above 3640. A breakout above 3665 could open the door to 3690 – 3700, with potential extension to 3725 – 3735. Conversely, a drop below 3635 may trigger downside pressure toward 3615 – 3585.
💡 Suggested Trading Strategy:
🔺 BUY XAU/USD: 3640 – 3643
🎯 TP: 40/80/200 pips
❌ SL: 3637
🔻 SELL XAU/USD : 3663 – 3666
🎯 TP: 40/80/200 pips
❌ SL: 3669
Trade aktif
The gold price, after reaching a historical peak, has been sold off by profit-taking traders and is currently trading at 3642.Trading ditutup: target tercapai
Gold testing highs, possible pullback below $3,675📊 Forex | Gold | Crypto Market Insights
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📰 Real-time news updates & expert analysis
💡 Technical breakdowns & market outlooks
🔗 Join our free group: telegram.me/+DmS-dVFJMm40MDM9
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
📊 Forex | Gold | Crypto Market Insights
📰 Real-time news updates & expert analysis
💡 Technical breakdowns & market outlooks
🔗 Join our free group: telegram.me/+DmS-dVFJMm40MDM9
📰 Real-time news updates & expert analysis
💡 Technical breakdowns & market outlooks
🔗 Join our free group: telegram.me/+DmS-dVFJMm40MDM9
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
