📊 Market Overview:
Gold maintained its bullish momentum during the Asian–European session, rising from $3330 to $3344. A slightly weaker USD and safe-haven demand supported prices. However, price is now approaching a key resistance zone, where technical rejection may occur in the U.S. session.
________________________________________
📉 Technical Analysis:
• Key near-term resistance: $3345 – $3351
• Stronger resistance (higher zone): $3360 – $3366 and $3374
• Nearest support: $3335 – $3332
• Stronger support (lower zone): $3322 – $3315
• EMA 09 (H1): Price is above EMA09 → confirms short-term uptrend
• Candlestick / Volume / Momentum:
• Price is consolidating in an ascending triangle
• A breakout above $3345 may target $3360+
• RSI remains below overbought; volume is stable → room for continuation
________________________________________
📌 Outlook:
If gold holds above $3335 and breaks above $3351, the uptrend could extend toward the $3366–$3374 zone. However, failure to break $3351 followed by a drop below $3332 could lead to a deeper pullback toward $3315.
💡 Recommended Trading Strategies:
BUY XAU/USD: $3318 – $3315
🎯 TP: 40/80/200 PIPS
❌ SL: $3321
SELL XAU/USD: $3360 – $3363
🎯 TP: 40/80/200 PIPS
❌ SL: $3357
Gold maintained its bullish momentum during the Asian–European session, rising from $3330 to $3344. A slightly weaker USD and safe-haven demand supported prices. However, price is now approaching a key resistance zone, where technical rejection may occur in the U.S. session.
________________________________________
📉 Technical Analysis:
• Key near-term resistance: $3345 – $3351
• Stronger resistance (higher zone): $3360 – $3366 and $3374
• Nearest support: $3335 – $3332
• Stronger support (lower zone): $3322 – $3315
• EMA 09 (H1): Price is above EMA09 → confirms short-term uptrend
• Candlestick / Volume / Momentum:
• Price is consolidating in an ascending triangle
• A breakout above $3345 may target $3360+
• RSI remains below overbought; volume is stable → room for continuation
________________________________________
📌 Outlook:
If gold holds above $3335 and breaks above $3351, the uptrend could extend toward the $3366–$3374 zone. However, failure to break $3351 followed by a drop below $3332 could lead to a deeper pullback toward $3315.
💡 Recommended Trading Strategies:
BUY XAU/USD: $3318 – $3315
🎯 TP: 40/80/200 PIPS
❌ SL: $3321
SELL XAU/USD: $3360 – $3363
🎯 TP: 40/80/200 PIPS
❌ SL: $3357
Trade active
If the price breaks below $3333 and closes an H1 candle under this level, the short-term trend may shift to bearish, with a potential target around $3322–$3315.Trade closed: target reached
Gold has not confirmed a rebound yet; clearer price action is needed around the $3333–$3335 zone.
📊 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.
📊 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.