📊 Market Developments:
Gold hit an all-time high around $3 508/oz before easing to about $3 494/oz, driven by a weaker U.S. dollar and growing expectations for a Fed rate cut in September. Markets are pricing in roughly a 90% probability of a rate cut this month.
📉 Technical Analysis:
• Resistance: $3 500 – $3 525 – $3 560
• Support: $3 425 – $3 400
• EMA: Price remains above EMA 09 → bullish trend
• Candlestick / Momentum: Indicators (RSI, MACD, CCI) all show strong buy momentum.
📌 Outlook:
Gold is in a clear short-term uptrend. A breakout above $3 500 may lead to $3 525 – $3 560. On the downside, strong support sits around $3 425 – $3 400, ideal for potential pullback entries.
💡 Trading Strategy:
🔻 SELL XAU/USD
Entry: $3 522 – $3 525
🎯 TP: 40/80/200 pips
🛑 SL: $3 528
🔺 BUY XAU/USD
Entry: $3 425 – $3 428
🎯 TP: 40/80/200 pips
🛑 SL: $3 422
Gold hit an all-time high around $3 508/oz before easing to about $3 494/oz, driven by a weaker U.S. dollar and growing expectations for a Fed rate cut in September. Markets are pricing in roughly a 90% probability of a rate cut this month.
📉 Technical Analysis:
• Resistance: $3 500 – $3 525 – $3 560
• Support: $3 425 – $3 400
• EMA: Price remains above EMA 09 → bullish trend
• Candlestick / Momentum: Indicators (RSI, MACD, CCI) all show strong buy momentum.
📌 Outlook:
Gold is in a clear short-term uptrend. A breakout above $3 500 may lead to $3 525 – $3 560. On the downside, strong support sits around $3 425 – $3 400, ideal for potential pullback entries.
💡 Trading Strategy:
🔻 SELL XAU/USD
Entry: $3 522 – $3 525
🎯 TP: 40/80/200 pips
🛑 SL: $3 528
🔺 BUY XAU/USD
Entry: $3 425 – $3 428
🎯 TP: 40/80/200 pips
🛑 SL: $3 422
Сделка активна
Gold just dropped to 3470, but this was only a false breakout; the overall trend still favors the upside, and it is important to watch whether the price can hold above the 3480 level to confirm further bullish momentumСделка закрыта: достигнута тейк-профит цена
Gold’s trend remains bullish as long as it holds above the 3470 level
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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
Похожие публикации
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.