XAUUSD Gold Price Analysis
Gold continues to face downside pressure amid ongoing sell-offs. After pulling back from recent highs, Gold is now approaching the 3400 level. However, selling pressure remains strong, especially following a weak rebound from the 3377 area, which signals limited buyer interest at current levels.
Key Points
Support Zone 3365/ 3340
Resistance zone 3400 / 3410
The US Dollar is gaining strength as a safe-haven asset, which is holding back Gold’s upward momentum. This shift in sentiment is driven by increasing caution in the markets ahead of key macroeconomic events:
Ps Support with like and comments for more better analysis share with you.
Gold continues to face downside pressure amid ongoing sell-offs. After pulling back from recent highs, Gold is now approaching the 3400 level. However, selling pressure remains strong, especially following a weak rebound from the 3377 area, which signals limited buyer interest at current levels.
Key Points
Support Zone 3365/ 3340
Resistance zone 3400 / 3410
The US Dollar is gaining strength as a safe-haven asset, which is holding back Gold’s upward momentum. This shift in sentiment is driven by increasing caution in the markets ahead of key macroeconomic events:
Ps Support with like and comments for more better analysis share with you.
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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.
Join My telegram Channel
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Free Forex Signals
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t.me/+H8GlkRY1oZVkNTJk
Free Forex Signals
t.me/Asher_Trader01
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.