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The 4-hour chart still shows a bearish configuration with MACD in a sustained death cross, displaying no signs of reversal. Gold’s decline may have further room.
During the US session, gold rebounded to near 3349 but fell again, remaining pressured by moving average resistance. The overall trend remains range-bound.
Awaiting the CPI data release, price is likely to maintain a sideways trend before the announcement.
Monitor overhead resistance at the 3350–3360 zone. Continue to short on rebounds as long as resistance holds.
Trading Strategy:
Sell@3350-3340
TP:3300-3280
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The 4-hour chart still shows a bearish configuration with MACD in a sustained death cross, displaying no signs of reversal. Gold’s decline may have further room.
During the US session, gold rebounded to near 3349 but fell again, remaining pressured by moving average resistance. The overall trend remains range-bound.
Awaiting the CPI data release, price is likely to maintain a sideways trend before the announcement.
Monitor overhead resistance at the 3350–3360 zone. Continue to short on rebounds as long as resistance holds.
Trading Strategy:
Sell@3350-3340
TP:3300-3280
Share accurate trading signals daily—transform your life starting now!
👇 👇 👇 Obtain signals👉👉👉
Click the link for accurate trading signals!
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t.me/+yjp8kSPDleljYzA0
Change your life starting from entering my Telegram channel!
t.me/+yjp8kSPDleljYzA0
Making profits will be as easy as breathing!
t.me/+yjp8kSPDleljYzA0
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.
Click the link for accurate trading signals!
t.me/+yjp8kSPDleljYzA0
Change your life starting from entering my Telegram channel!
t.me/+yjp8kSPDleljYzA0
Making profits will be as easy as breathing!
t.me/+yjp8kSPDleljYzA0
t.me/+yjp8kSPDleljYzA0
Change your life starting from entering my Telegram channel!
t.me/+yjp8kSPDleljYzA0
Making profits will be as easy as breathing!
t.me/+yjp8kSPDleljYzA0
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.