Gold remains in a bullish zone overall, but today’s price action shows a potential short-term downtrend forming. Weak China PPI data Profit-taking ahead of the US inflation report Ongoing uncertainty in US–China trade negotiations. Tensions over microchip policy between the US and China.
Key range to watch: 3350 – 3400.
3350 is acting as a strong support — a hold above could lead to a rebound A sustained break above 3400 may open the path toward higher targets.
If you want, I can also make you a chart-ready short version for quick posting to your audience. That way, it’s concise but still professional.
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Key range to watch: 3350 – 3400.
3350 is acting as a strong support — a hold above could lead to a rebound A sustained break above 3400 may open the path toward higher targets.
If you want, I can also make you a chart-ready short version for quick posting to your audience. That way, it’s concise but still professional.
Ps; Support with like and comments for better analysis Thanks for supporting.
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Join My telegram Channel
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Free Forex Signals
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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.