Summary:
Gold is currently ranging between 3370–3406.
Today’s focus is on trading the range until a breakout occurs. Watch for confirmation near edges of the zone.
🔍 Key Levels to Watch:
• 3420 – Resistance
• 3406 – Range top
• 3400 – Psychological level
• 3392 – Resistance
• 3380 – Support
• 3370 – Range bottom
• 3365 – Intraday key support
📉 Macro Strategy:
SELL if price breaks below 3380 → watch 3375, then 3370, 3365, 3358
BUY if price holds above 3386 → watch 3392, then 3395, 3400, 3406
👉 If you found this useful and want to learn how I manage entries and stop-losses, drop a like — I’ll prepare a post on this soon.
Disclaimer: This is my personal view, not financial advice. Always manage risk responsibly.
Gold is currently ranging between 3370–3406.
Today’s focus is on trading the range until a breakout occurs. Watch for confirmation near edges of the zone.
🔍 Key Levels to Watch:
• 3420 – Resistance
• 3406 – Range top
• 3400 – Psychological level
• 3392 – Resistance
• 3380 – Support
• 3370 – Range bottom
• 3365 – Intraday key support
📉 Macro Strategy:
SELL if price breaks below 3380 → watch 3375, then 3370, 3365, 3358
BUY if price holds above 3386 → watch 3392, then 3395, 3400, 3406
👉 If you found this useful and want to learn how I manage entries and stop-losses, drop a like — I’ll prepare a post on this soon.
Disclaimer: This is my personal view, not financial advice. Always manage risk responsibly.
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.
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.