📊 Market Drivers:
• Gold prices surged as the USD weakened further and U.S. bond yields dropped.
• Investors are increasingly betting that the Fed may cut interest rates in 2025, boosting demand for gold.
• Ongoing trade tensions and expectations of comments from Fed officials are adding to bullish momentum.
📉 Technical Analysis:
• Key Resistance: 3435 – 3440
• Nearest Support: 3410 – 3415
• EMA09: Price is above the EMA09 → confirms short-term uptrend
• Pattern & Momentum: Clean breakout from the 3383–3390 range with strong volume, bullish momentum continues
📌 Outlook:
Gold may continue rising in the short term if it holds above 3415. A pullback could offer a chance to re-enter long positions near new support levels.
________________________________________
💡 Suggested Trade Setup:
🔺 BUY XAU/USD: 3415 – 3418 (on pullback)
🎯 TP: 40/80/200 pips
❌ SL: 3412
🔻 SELL XAU/USD: 3435 – 3438 (key resistance)
🎯 TP: 40/80/200 pips
❌ SL: 3442
• Gold prices surged as the USD weakened further and U.S. bond yields dropped.
• Investors are increasingly betting that the Fed may cut interest rates in 2025, boosting demand for gold.
• Ongoing trade tensions and expectations of comments from Fed officials are adding to bullish momentum.
📉 Technical Analysis:
• Key Resistance: 3435 – 3440
• Nearest Support: 3410 – 3415
• EMA09: Price is above the EMA09 → confirms short-term uptrend
• Pattern & Momentum: Clean breakout from the 3383–3390 range with strong volume, bullish momentum continues
📌 Outlook:
Gold may continue rising in the short term if it holds above 3415. A pullback could offer a chance to re-enter long positions near new support levels.
________________________________________
💡 Suggested Trade Setup:
🔺 BUY XAU/USD: 3415 – 3418 (on pullback)
🎯 TP: 40/80/200 pips
❌ SL: 3412
🔻 SELL XAU/USD: 3435 – 3438 (key resistance)
🎯 TP: 40/80/200 pips
❌ SL: 3442
Trade active
Gold is about to reach the 3335–3338 zone — consider selling.Trade closed: target reached
Gold holds above $3,425/oz, supported by weak USD and low yields. Bullish trend intact if price stays above $3,400.
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📈 Daily Buy/Sell signals for investors
💡 Technical breakdowns & market outlooks
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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.
📊 Forex | Gold | Crypto Market Insights & Signals
📰 Real-time news updates & expert analysis
📈 Daily Buy/Sell signals for investors
💡 Technical breakdowns & market outlooks
🔗 Join our free group: t.me/+DmS-dVFJMm40MDM9
📰 Real-time news updates & expert analysis
📈 Daily Buy/Sell signals for investors
💡 Technical breakdowns & market outlooks
🔗 Join our free group: t.me/+DmS-dVFJMm40MDM9
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.