📌 Highlights
• Yesterday’s ISM Services PMI came in below expectations, indicating that the expansion of the services sector is slowing, but it has not yet created an overly negative signal.
• The market is still waiting for more data to confirm the next direction.
• On lower timeframes such as M15–M30, gold has started to form a short-term bearish structure.
📌 Trading Plan
Resistance: 4135–4145 | 4165 | 4185–4200
Support: 4100–4110 | 4060 | 4030
📌 Personal View
✅ Today, the priority is to SELL.
✅ Look for SELL opportunities when price retraces to resistance zones and shows rejection signals.
✅ If 4100–4110 is broken, price may continue to test 4060 and deeper at 4030.
✅ If price breaks back above 4165, caution is needed as it may extend the rebound toward 4185–4200.
📌 What do you think?
Will gold continue to drop toward 4060, or is it just a correction within a larger upward move?
• Yesterday’s ISM Services PMI came in below expectations, indicating that the expansion of the services sector is slowing, but it has not yet created an overly negative signal.
• The market is still waiting for more data to confirm the next direction.
• On lower timeframes such as M15–M30, gold has started to form a short-term bearish structure.
📌 Trading Plan
Resistance: 4135–4145 | 4165 | 4185–4200
Support: 4100–4110 | 4060 | 4030
📌 Personal View
✅ Today, the priority is to SELL.
✅ Look for SELL opportunities when price retraces to resistance zones and shows rejection signals.
✅ If 4100–4110 is broken, price may continue to test 4060 and deeper at 4030.
✅ If price breaks back above 4165, caution is needed as it may extend the rebound toward 4185–4200.
📌 What do you think?
Will gold continue to drop toward 4060, or is it just a correction within a larger upward move?
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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.