Gold is currently retesting the FVG zone around 3,392 after breaking below a key trendline — a classic sell-trigger area if price gets rejected.
Bearish momentum is supported by:
U.S. jobless claims: 244K < 245K forecast → Stronger USD
Iran–Israel ceasefire → Reduced demand for safe-haven assets
If price fails to break above 3,392, the next downside target is the 3,299 support zone.
Trade idea: Watch for a rejection around 3,390–3,392 to consider short positions.
Bearish bias remains valid as long as price stays below 3,392.
Bearish momentum is supported by:
U.S. jobless claims: 244K < 245K forecast → Stronger USD
Iran–Israel ceasefire → Reduced demand for safe-haven assets
If price fails to break above 3,392, the next downside target is the 3,299 support zone.
Trade idea: Watch for a rejection around 3,390–3,392 to consider short positions.
Bearish bias remains valid as long as price stays below 3,392.
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Top trading opportunities are waiting for you! : t.me/+aljKUwb-ar1jNDg1
🔥 High-quality signals – Win rate up to 85%
📍 Accurate, verified technical analysis
⚡ Fast updates – Never miss a golden entry
🔥 High-quality signals – Win rate up to 85%
📍 Accurate, verified technical analysis
⚡ Fast updates – Never miss a golden entry
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.