📊 Technical Analysis
● Bulls defended the 3 312 pivot where the rising-channel base and July trend-support intersect; successive higher-lows are squeezing price against 3 355—last week’s swing cap and channel median.
● A break of 3 355 completes a 1 : 1 wedge measured to 3 380, and the grey inner rail projects follow-through toward the prior range ceiling at 3 425.
💡 Fundamental Analysis
● Softer US ISM-Services prices and falling 2-yr real yields curb USD demand, while IMF data show central-bank gold purchases rising for a third straight month—both underpinning bullion.
✨ Summary
Long 3 330-3 345; confirmed close above 3 355 eyes 3 380 then 3 425. Bull view void on an H1 close below 3 312.
-------------------
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● Bulls defended the 3 312 pivot where the rising-channel base and July trend-support intersect; successive higher-lows are squeezing price against 3 355—last week’s swing cap and channel median.
● A break of 3 355 completes a 1 : 1 wedge measured to 3 380, and the grey inner rail projects follow-through toward the prior range ceiling at 3 425.
💡 Fundamental Analysis
● Softer US ISM-Services prices and falling 2-yr real yields curb USD demand, while IMF data show central-bank gold purchases rising for a third straight month—both underpinning bullion.
✨ Summary
Long 3 330-3 345; confirmed close above 3 355 eyes 3 380 then 3 425. Bull view void on an H1 close below 3 312.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
90% accuracy in telegram
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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.
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.