📊 Technical Analysis
● Price holds above the broken blue resistance line, now acting as support near 3 347, while an inner up-sloper is guiding a stair of higher lows inside the new grey channel.
● The confluence of channel mid-line and 3 355 swing high is the gate; its clearance activates an equal-width objective at 3 380, with the outer rail / former consolidation lid at 3 425 next.
💡 Fundamental Analysis
● Easing US ISM-services prices trimmed real 2-yr yields and the dollar, while latest WGC data show June net central-bank purchases rising for a third month, reviving dip-buying in gold.
✨ Summary
Long 3 345–3 355; hold above 3 355 targets 3 380 → 3 425. Invalidate on an H1 close below 3 320.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
● Price holds above the broken blue resistance line, now acting as support near 3 347, while an inner up-sloper is guiding a stair of higher lows inside the new grey channel.
● The confluence of channel mid-line and 3 355 swing high is the gate; its clearance activates an equal-width objective at 3 380, with the outer rail / former consolidation lid at 3 425 next.
💡 Fundamental Analysis
● Easing US ISM-services prices trimmed real 2-yr yields and the dollar, while latest WGC data show June net central-bank purchases rising for a third month, reviving dip-buying in gold.
✨ Summary
Long 3 345–3 355; hold above 3 355 targets 3 380 → 3 425. Invalidate on an H1 close below 3 320.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
90% accuracy in telegram
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Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.