📊 Market Movement:
Gold eased after President Trump announced tariff exclusions on imported gold bars, easing prior market uncertainty. Safe-haven demand stays supported by macroeconomic and Fed policy concerns.
📉 Technical Analysis:
• Key Resistance: $3,385 – $3,410 – $3,460
• Nearest Support: $3,330 – $3,332
• EMA: Price fluctuates around medium-term EMA.
• Candlestick / Momentum: Ascending triangle, neutral RSI, rising volume → mild accumulation signs.
📌 Outlook:
Gold may see a mild rebound in the short term if trade policy remains stable and the Fed keeps rates unchanged. Strong US economic data could pressure prices downward.
________________________________________
💡 Suggested Trading Plan
🔻 SELL XAU/USD: $3,410–$3,413
🎯 TP: 40/80/200 pips
❌ SL: $3,416
🔺 BUY XAU/USD: $3,330–$3,333
🎯 TP: 40/80/200 pips
❌ SL: $3,327
Gold eased after President Trump announced tariff exclusions on imported gold bars, easing prior market uncertainty. Safe-haven demand stays supported by macroeconomic and Fed policy concerns.
📉 Technical Analysis:
• Key Resistance: $3,385 – $3,410 – $3,460
• Nearest Support: $3,330 – $3,332
• EMA: Price fluctuates around medium-term EMA.
• Candlestick / Momentum: Ascending triangle, neutral RSI, rising volume → mild accumulation signs.
📌 Outlook:
Gold may see a mild rebound in the short term if trade policy remains stable and the Fed keeps rates unchanged. Strong US economic data could pressure prices downward.
________________________________________
💡 Suggested Trading Plan
🔻 SELL XAU/USD: $3,410–$3,413
🎯 TP: 40/80/200 pips
❌ SL: $3,416
🔺 BUY XAU/USD: $3,330–$3,333
🎯 TP: 40/80/200 pips
❌ SL: $3,327
Trade active
The adjusted Buy zone at 3,320–3,335 leverages strong technical support, reducing risk while optimizing recovery opportunities in the current trend.Trade closed: target reached
Gold rose to 3,357 as the European session began, indicating that buyers are temporarily in control. However, this is not yet a strong breakout since the key resistance at 3,360–3,361 has not been breached; price action in this area should be monitored before making an entry decision.
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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.