📌 Market Movements:
Recently, gold prices set a new all-time high at $3791/oz before retreating slightly and are now trading around $3778/oz. The initial surge was driven by strong dip-buying and risk-aversion sentiment, but profit-taking pressure pulled prices back from record highs.
📉 Technical Analysis:
🔺 Resistance: 3791 (new ATH) and 3805
🔻 Support: 3770, followed by 3755
📈 EMA 50 on H1 remains below price, confirming short-term bullish bias
🕯️ H1 candles show long upper wicks near 3790–3791, signaling strong selling pressure at resistance
📊 Declining volume during the pullback suggests the market is waiting for the next breakout confirmation
🧐 Outlook:
The main trend remains bullish, but after touching 3791, gold needs consolidation to absorb selling pressure. Holding above 3770 keeps the door open for another test of 3791, aiming toward 3800–3805. A break below 3770 could push gold toward 3755 before any rebound.
🎯 Trading Strategy (Suggested):
🔺 BUY XAU/USD
• 📌 Entry: 3770–3773
• 🎯 TP: 3785 / 3795 / 3805
• 🛑 SL: 3765
Recently, gold prices set a new all-time high at $3791/oz before retreating slightly and are now trading around $3778/oz. The initial surge was driven by strong dip-buying and risk-aversion sentiment, but profit-taking pressure pulled prices back from record highs.
📉 Technical Analysis:
🔺 Resistance: 3791 (new ATH) and 3805
🔻 Support: 3770, followed by 3755
📈 EMA 50 on H1 remains below price, confirming short-term bullish bias
🕯️ H1 candles show long upper wicks near 3790–3791, signaling strong selling pressure at resistance
📊 Declining volume during the pullback suggests the market is waiting for the next breakout confirmation
🧐 Outlook:
The main trend remains bullish, but after touching 3791, gold needs consolidation to absorb selling pressure. Holding above 3770 keeps the door open for another test of 3791, aiming toward 3800–3805. A break below 3770 could push gold toward 3755 before any rebound.
🎯 Trading Strategy (Suggested):
🔺 BUY XAU/USD
• 📌 Entry: 3770–3773
• 🎯 TP: 3785 / 3795 / 3805
• 🛑 SL: 3765
Trade attivo
Gold held above 3780 and rebounded to 3785, indicating the bullish trend remains dominant and a retest of 3791 is likely soonTrade chiuso: obiettivo raggiunto
Gold prices fell sharply after the PMI news.
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📊 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
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.