Gold Spot / U.S. Dollar
Short
Updated

Gold Trading Strategy June 27

110
✏️The price reaction at 3348 forms a sustainable bearish structure. 3296 is an important zone when broken, it will continue to fall deeply without any recovery on Friday.
Today the downtrend will encounter less resistance than the uptrend. Therefore, it is not difficult to touch the support zones of 3278 and 3255.
Any recovery in the price in the European session is considered a good opportunity for a Sell signal towards the target of 3278 and 3255.
As analyzed, the SELL zone today is noted at many resistance zones and consider the price reaction for the SELL signals.

📈 Key Levels
Break out: 3296
Support: 3278-3255
Resistance: 3300-3312-3325-3336-3348-3363

📊 Recommended Trade Setups
BUY 3278-3276 SL 3272
SELL 3325-3327 SL 3330

Trade active
Gold Trading Strategy July 1
Trade closed: target reached
I will update new strategy soon

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