Gold Futures Rise on Trade & Geopolitical Tensions
Gold continues to gain as renewed tariff threats from the U.S. and rising geopolitical risks weigh on market sentiment.
While markets have become somewhat desensitized to Trump’s recurring trade rhetoric, concerns remain that resolutions may be delayed.
Technical Outlook:
As long as the price holds above 3342, the bullish trend is likely to continue toward 3355 and 3365.
A stable close above 3365 would open the way to 3395.
However, a 1H close below 3342 may trigger a pullback to 3329.
Pivot: 3342
Resistance: 3355, 3365, 3395
Support: 3329, 3319, 3309
Gold continues to gain as renewed tariff threats from the U.S. and rising geopolitical risks weigh on market sentiment.
While markets have become somewhat desensitized to Trump’s recurring trade rhetoric, concerns remain that resolutions may be delayed.
Technical Outlook:
As long as the price holds above 3342, the bullish trend is likely to continue toward 3355 and 3365.
A stable close above 3365 would open the way to 3395.
However, a 1H close below 3342 may trigger a pullback to 3329.
Pivot: 3342
Resistance: 3355, 3365, 3395
Support: 3329, 3319, 3309
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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.