📊 Technical Analysis
Gold’s slide paused at $3 315; holding here keeps $3 500 – 3 520 in play.
💡 Fundamental Analysis
• PBoC has been buying for 5 months in a row.
• WGC expects strong demand from central banks in 2025.
• Trade wars, tensions in the Middle East and South Asia are causing risks that are increasing demand for gold.
• IMF warns new tariffs could slow growth, boosting safe-haven bids.
• Western ETFs had bought ≈240 t by mid-April.
• DXY is at 3-year lows and yields are down.
✨ Summary
Strong central-bank buying, renewed ETF inflows, softer USD yields and rising geopolitical risk align with chart support, favouring a rebound toward $3 500 – 3 520 while $3 315 holds.
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Gold’s slide paused at $3 315; holding here keeps $3 500 – 3 520 in play.
💡 Fundamental Analysis
• PBoC has been buying for 5 months in a row.
• WGC expects strong demand from central banks in 2025.
• Trade wars, tensions in the Middle East and South Asia are causing risks that are increasing demand for gold.
• IMF warns new tariffs could slow growth, boosting safe-haven bids.
• Western ETFs had bought ≈240 t by mid-April.
• DXY is at 3-year lows and yields are down.
✨ Summary
Strong central-bank buying, renewed ETF inflows, softer USD yields and rising geopolitical risk align with chart support, favouring a rebound toward $3 500 – 3 520 while $3 315 holds.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Trade active
📊 Technical Analysis
● Gold is basing at $3 290 inside a demand zone.
● Holding this zone keeps targets $3 500 – 3 520.
💡 Fundamental Analysis
● Tariff tension keeps bid under bullion despite short-term swings.
✨ Summary
Resilient central-bank buying, a weaker dollar and rising trade risks mesh with technical support, favouring a rebound toward $3 500 – 3 520.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
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Crypto signals in telegram
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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.