📊 Market Overview:
Gold remains on the rise amid expectations of further Fed rate cuts, a weakening U.S. dollar, and persistent tariff-related uncertainty. Citi has raised its 3-month forecast to $3,500–3,600/oz
📉 Technical Analysis:
• Current Resistance Levels:
o Near-term: $3,408–3,412
o Extended: $3,421 and $3,442
• Key Support Levels:
o Immediate: $3,375, then $3,355 and $3,343
o Deeper: $3,312–3,300 demand zone on TradingView, and April low at $3,170
• Technical Trend:
Gold continues to receive strong bullish signals across multiple moving averages, and FXEmpire indicators show “Strong Buy” across most timeframes
📌 Outlook:
The short-term bias is clearly bullish. As long as gold holds above the $3,375 support and breaks through the $3,408 resistance, it is likely to rally toward the $3,420–3,440 area.
💡 Suggested Trading Strategy:
BUY XAU/USD : $3,375–3,378
🎯 TP: 40/80/200 pips
❌ SL: $3,370
Gold remains on the rise amid expectations of further Fed rate cuts, a weakening U.S. dollar, and persistent tariff-related uncertainty. Citi has raised its 3-month forecast to $3,500–3,600/oz
📉 Technical Analysis:
• Current Resistance Levels:
o Near-term: $3,408–3,412
o Extended: $3,421 and $3,442
• Key Support Levels:
o Immediate: $3,375, then $3,355 and $3,343
o Deeper: $3,312–3,300 demand zone on TradingView, and April low at $3,170
• Technical Trend:
Gold continues to receive strong bullish signals across multiple moving averages, and FXEmpire indicators show “Strong Buy” across most timeframes
📌 Outlook:
The short-term bias is clearly bullish. As long as gold holds above the $3,375 support and breaks through the $3,408 resistance, it is likely to rally toward the $3,420–3,440 area.
💡 Suggested Trading Strategy:
BUY XAU/USD : $3,375–3,378
🎯 TP: 40/80/200 pips
❌ SL: $3,370
Zlecenie aktywne
If gold holds above 3,390 and breaks through 3,400 with strong volume, the bullish trend could extend further.Transakcja zamknięta: osiągnięto wyznaczony cel
Gold is consolidating in a tight range around 3,390–3,400, waiting for a breakout to determine its next direction.
📊 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
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
📊 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
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.