💬 "When technicals and news align, traders can't ignore it."
Gold (XAU/USD) is at a critical juncture where both technical analysis and macroeconomic news are showing clear bullish signals. If you're waiting for a breakout, this might be the moment!
📊 Key Technical Analysis:
Gold bounced from a strong support zone at 3,339 – 3,329 (Fibo 0.618 & 0.5), confirming buying pressure.
EMA 34 crosses above EMA 89, signaling a potential trend reversal.
Breakout from the downtrend line opens up a target of 3,428 (Fibo extension 1.618).
Nearest resistance: 3,395 – if broken, a strong rally is likely.
🌐 Macroeconomic News Supporting the Bullish Trend:
The Fed may cut rates earlier than expected – USD weakens, benefiting gold.
Geopolitical tensions and financial instability in Europe increase demand for safe-haven assets.
US inflation cooling – market anticipates looser monetary policy.
Personal View:
If price breaks 3,395 with strong volume → long position, targeting 3,4xx.
Be cautious around resistance zones – short-term profit-taking could occur.
What do you think?
👉 Leave a comment, share your perspective or strategy – let’s ride the market wave together!
Gold (XAU/USD) is at a critical juncture where both technical analysis and macroeconomic news are showing clear bullish signals. If you're waiting for a breakout, this might be the moment!
📊 Key Technical Analysis:
Gold bounced from a strong support zone at 3,339 – 3,329 (Fibo 0.618 & 0.5), confirming buying pressure.
EMA 34 crosses above EMA 89, signaling a potential trend reversal.
Breakout from the downtrend line opens up a target of 3,428 (Fibo extension 1.618).
Nearest resistance: 3,395 – if broken, a strong rally is likely.
🌐 Macroeconomic News Supporting the Bullish Trend:
The Fed may cut rates earlier than expected – USD weakens, benefiting gold.
Geopolitical tensions and financial instability in Europe increase demand for safe-haven assets.
US inflation cooling – market anticipates looser monetary policy.
Personal View:
If price breaks 3,395 with strong volume → long position, targeting 3,4xx.
Be cautious around resistance zones – short-term profit-taking could occur.
What do you think?
👉 Leave a comment, share your perspective or strategy – let’s ride the market wave together!
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✅ Receive 7–10 high-quality signals daily for Forex, Gold, and Bitcoin
✅ Fast updates, accurate alerts
✅ Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
t.me/+6v7LMJO7cI04Nzg1
✅ Fast updates, accurate alerts
✅ Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
t.me/+6v7LMJO7cI04Nzg1
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.