📊 Technical Analysis
● Price broke the long-standing rising-channel floor, then formed a clean bear flag inside a fresh down-sloping channel; the flag’s ceiling coincides with the 3 300-3 310 supply band.
● Lower-high sequence and confluence of flag top with former support turned resistance favour continuation toward the mid-channel / fib pivot at 3 246, next 3 180.
💡 Fundamental Analysis
● Friday’s hotter US core-PCE and Fed governor Bowman’s “no cuts in 2025” comment lifted 2-yr yields above 4.80 %, firming the DXY and draining flows from non-yielding gold.
✨ Summary
Sell 3 290-3 305; hold below 3 310 targets 3 246 → 3 180. Short bias void on an H4 close above 3 310.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
● Price broke the long-standing rising-channel floor, then formed a clean bear flag inside a fresh down-sloping channel; the flag’s ceiling coincides with the 3 300-3 310 supply band.
● Lower-high sequence and confluence of flag top with former support turned resistance favour continuation toward the mid-channel / fib pivot at 3 246, next 3 180.
💡 Fundamental Analysis
● Friday’s hotter US core-PCE and Fed governor Bowman’s “no cuts in 2025” comment lifted 2-yr yields above 4.80 %, firming the DXY and draining flows from non-yielding gold.
✨ Summary
Sell 3 290-3 305; hold below 3 310 targets 3 246 → 3 180. Short bias void on an H4 close above 3 310.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.