Gold is falling, waiting for the trend to be completed?The Asian market continued to fall on Friday in the early trading on Monday, reaching a low of around 3293. It then bottomed out and rebounded, reaching a high of around 3325, and is currently maintaining a consolidation around 3320.
From the hourly chart, gold is completing the fifth wave in the wave trend; in the short term, gold is in a rebound trend, and has been maintaining this upward trend channel.
As long as it cannot fall below 3310 next, the gold rebound has not ended, and it may directly test the top around 3345. Because 3345 is exactly the bottom of the first wave, the rebound trend from 3293 is likely to be the fourth wave.
As long as the fourth wave rebound cannot strongly break through the bottom of the first wave at 3345, then the fifth wave will most likely show a downward trend.
Therefore, the current trading operation is basically simple;
Long strategy: long at 3315-3320, stop loss at 3305, and profit range at 3340-3350.
Short selling strategy: wait for the price to stabilize near 3345 and then enter the market to short sell.
Important tip: If the price falls from 3345, it is highly likely to go down directly to the low point of 3280-3250.
Xauusdanalysis
Trade Idea: XAUUSD Long (SELL LIMIT)🔍 Technical Breakdown:
H1 (Primary Trend Context):
• Strong downtrend: clean lower lows and lower highs
• Price broke below previous day’s low, now acting as resistance
• 20 SMA below 50 SMA, both sloping downward
• Volume increased during selloff = strong participation
• Price currently retracing into prior broken support, now potential supply
M15 (Entry Zone Confluence):
• Micro bullish structure pushing into:
• Prior M15 demand turned supply
• Dynamic resistance (20/50 SMAs)
• Thin volume / inefficiency area
• Retrace remains within context of a bearish flag/pullback
M3 (Entry Precision):
• Price approaching clean M3 supply zone between 3326.0 – 3329.0
• Minor FVG and untested supply at 3327.50
• Good stop placement just above 3332 (above M3/M15 structure)
⸻
📌 Trade Setup Details
• Sell Limit Entry: 3327.50
• Stop Loss: 3333.00 (5.5 pts)
• Take Profit: 3302.00
• Risk-to-Reward: ~4.63R
⸻
🔁 SL to Breakeven Criteria
Move SL to breakeven only after:
1. A 15-minute candle fully closes below 3312.00, breaking current bullish microstructure
2. Price either:
• Bases under 3312 or
• Retests 3312–3314 as fresh resistance
FUSIONMARKETS:XAUUSD
Potential Breakdown with Retest or Reversal Zone –This chart represents a classic Double Top pattern, a bearish reversal signal indicating strong resistance around the 3,380 - 3,390 USD zone (marked with two white circles).
---
🔍 Key Zones and Levels:
1. Resistance Zone (~3,380 - 3,390 USD):
Price was rejected twice here.
Suggests strong selling pressure and buyer exhaustion.
2. Mid Support/Retest Zone (~3,337.857 USD):
Marked with a horizontal white line.
Could act as a short-term resistance if price retraces.
3. Demand Zone (~3,330 - 3,337 USD):
Highlighted green box: potential reversal/retest zone.
Bullish scenario: price bounces from here and heads back to retest resistance.
4. Current Price (~3,309.980 USD):
Price has broken below the demand zone and is approaching strong horizontal support.
5. Lower Support (~3,265 - 3,270 USD):
Highlighted with blue horizontal lines and purple arrows.
Could be the next bearish target if breakdown is confirmed.
---
🔄 Two Possible Scenarios:
📉 Bearish Continuation:
Price retests the broken demand zone (now resistance).
Rejects and forms a lower high.
Falls toward the lower support around 3,265–3,270 USD.
📈 Bullish Reversal:
Price reclaims the green demand zone.
Pushes above 3,337.857 USD level.
Heads back to retest the double top area (~3,380 USD).
---
✅ Conclusion:
The bias is currently bearish, supported by:
Double top formation.
Breakdown below key demand zone.
Momentum favoring further downside.
However, a bullish reversal is possible if price reclaims the 3,337 USD zone and shows strong bullish structure.
Gold weakness continues, bears continue to exert force📰 Impact of news:
1. The streets of Los Angeles are full of "gunpowder smell"! Immigration protests escalate, and Trump sends troops to suppress them
2. Geopolitical situation
3. Federal Reserve political expectations
📈 Market analysis:
At present, the hourly moving average of gold price is spreading downward. At the same time, the 4H chart has retreated from a high and lost the middle track, breaking through the rising trend line. The low point of the trend line coincides with the middle track. Today's operation uses the low point of 3330-3335 as the critical point of strength and weakness. If the market rebounds below this range, you can just go bearish. If it breaks through this dividing point, you need to be cautious. On the whole, the recommended short-term operation strategy for gold today is to mainly short on rebound. Focus on the resistance of 3330-3340 on the upper side in the short term, and focus on the support of 3290-3280 on the lower side in the short term. The market fluctuates greatly, and stop loss is strictly controlled!
🏅 Trading strategies:
SELL 3325-3335
TP 3300-3290-3280
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
GOLD Best 2 Places For Sell Very Clear , Ready For 500 Pips ?Here is my opinion on gold on 2H T.F , we have a very good bearish price action and we have a very good retest for broken support and new res , so i think 3326.00 will be a very good place to sell and targeting 250 pips at least , also if the price go up a little 3350.00 will be the last place we can sell from it and targeting 500 pips .
20250609-XAUUSD IdeaThe major time-frame correction has formed but did not break the previous high. Although it broke out of the descending channel, it also comes with a wedge pattern. Now, it's time to see how the major time-frame pullback will play out.
On the smaller time-frame, shorting along with the rising wedge pattern is fine, but pay attention to whether there are signs of a bullish reversal when the price returns to the top of the descending channel as it may act as a potential support level.
WILL EUR CONTINUE TO RALLY AHEAD OF THE IMPORTANT NFP DATA?EUR/USD – WILL EUR CONTINUE TO RALLY AHEAD OF THE IMPORTANT NFP DATA?
📈 EUR/USD IS AT A CRITICAL POINT AHEAD OF KEY ECONOMIC DATA
Amid the ongoing pressure on the US Dollar and macroeconomic factors supporting the Euro, EUR/USD might continue its short-term bullish trend. However, key data such as US CPI and central bank meetings could determine the direction for this currency pair moving forward.
🌍 Macroeconomic Overview & Market Sentiment
USD & DXY: The US Dollar continues to weaken due to signals from the Federal Reserve (Fed) that they are not in a hurry to cut interest rates. DXY has fallen below the 99 level, with macroeconomic factors showing a continued bearish trend for the USD.
Eurozone: The ECB (European Central Bank) is maintaining a slightly tight monetary policy. However, the Eurozone economy is showing signs of recovery, with positive data from the region.
US Economy: Forecasts for the US labor market data could impact the USD and lead to volatility in the EUR/USD pair. All attention is on the reports from the US this week.
📊 Technical Analysis (H1 – H4 – D1)
EMA 13/34/89/200: The EMA indicators on the H1 and H4 timeframes support the current bullish trend for EUR/USD in the short term. In particular, the EMA 13 and EMA 34 are crossing above the EMA 200, signaling a strong upward trend.
Wave Structure: EUR/USD is currently in a corrective wave after testing the strong resistance level at 1.1450. A recovery signal is emerging around the support level at 1.1380, which could present a buying opportunity in the short term.
Fibonacci Expansion: The Fibonacci extension levels at 1.1470 and 1.1490 could be the next targets if EUR/USD breaks through the 1.1400 resistance zone.
⚡ Key Levels to Watch
Resistance: 1.1450, 1.1470, 1.1490, 1.1500
Support: 1.1380, 1.1350, 1.1320, 1.1300
🧭 Trading Scenario
🔵 BUY ZONE: 1.1380 – 1.1365
SL: 1.1340
TP: 1.1420 → 1.1450 → 1.1470 → 1.1490
🔻 SELL ZONE: 1.1450 – 1.1460
SL: 1.1475
TP: 1.1420 → 1.1400 → 1.1370 → 1.1350
✅ Summary
EUR/USD is currently in a short-term bullish trend and could continue to rise if the support at 1.1365 holds. However, key economic data from the US, especially CPI and central bank meetings from the Fed and ECB, could impact the next direction for this pair. Traders should keep an eye on important support and resistance levels to identify safe trading opportunities.
Will the Trend Explode or Continue to Retrace? XAUUSD Trading Plan - Will the Trend Explode or Continue to Retrace? 🔥
📉 Current Situation:
Gold is currently undergoing a retracement after a strong increase at the beginning of the week. The market is being influenced by macroeconomic factors like the US-China trade negotiations and fluctuations in the US dollar. Gold may either continue its retracement or break out of the current price range.
🔧 Technical Analysis:
🔶 Key Levels:
🔶 Support Zone: 3,276.121 - 3,289.874. These zones are crucial in confirming the strength of the bullish trend.
🔶 Resistance Zone: 3,345.715, 3,363.845. If these levels are broken, gold could continue to rise sharply.
📊 Technical Indicators:
The Exponential Moving Averages (EMA) 13, 34, and 89 support the short-term bullish trend.
The trendline shows that the bullish trend is intact, but a slight correction may happen in the short term.
💼 Fundamental and Macro Analysis:
The US-China trade negotiations are the key drivers of market sentiment. If the negotiations yield positive news, gold could continue to rise. However, if concerns arise about tariffs or failed talks, gold could face pressure.
Key US economic indicators, such as PMI, GDP, and NFP, will play a crucial role in shaping the direction of the US dollar, and thus, the price of gold.
🎯 Trading Plan:
🔶 Buy Zone:
Entry Zone: 3,289.874 - 3,276.121
Stop Loss (SL): 3,269.000
Take Profit (TP):
TP 1: 3,302.000
TP 2: 3,317.000
TP 3: 3,327.000
TP 4: 3,340.000
🔶 Sell Zone:
Entry Zone: 3,345.715 - 3,363.845
Stop Loss (SL): 3,370.000
Take Profit (TP):
TP 1: 3,327.000
TP 2: 3,310.000
TP 3: 3,300.000
TP 4: 3,289.000
⚠️ Key Points to Watch:
🔒 Strong Support Zone: 3,289.874 represents a key support zone. If the price breaks below this level, we could see gold approach 3,276.121.
🔓 Strong Resistance Zone: 3,345.715 - 3,363.845 is the key resistance zone. If broken, gold could continue to rise to 3,380.000 or higher.
📈 Market Psychology:
Gold is in a retracement phase after a significant rise, but both technical and fundamental factors suggest that the bullish trend may continue. It is essential to closely monitor signals from the US-China trade negotiations and economic news affecting the US dollar.
💥 Conclusion:
Gold is in a retracement phase after a strong increase, but technical and fundamental factors indicate that a bullish recovery could be on the horizon. Prepare your trading plans based on key support and resistance levels.
📌 Good luck and happy trading to all!
XAUUSD - Trader's psychology - Hesitation⭐The Setup Was Perfect, and You...
You did everything right.
Marked the zone. Waited for price. Saw the reaction.
But you didn’t take the trade — or you hesitated, entered late, and missed the real move.
Sound familiar?
This article isn’t about strategy. It’s about what happens between your plan and your execution — and why even the most perfect setups won’t save you if you’re not mentally ready to pull the trigger.
🚨 Why Hesitation Happens
Most traders don’t miss trades because the setup wasn’t unclear.
They miss because of inner conflict.
❗ They doubt their read
❗ They chase confirmation
❗ They fear being wrong
❗ They overanalyze instead of executing
The irony? The more they learn, the worse it gets — because more information means more pressure to be right.
🔁 Here’s how it usually looks:
You watch price approach your zone.
It taps in — but instead of entering, you stare, waiting for a candlestick pattern or a feeling of “certainty.”
By the time you move, the market already made the move.
Now you’re chasing, or watching in frustration.
It’s not your setup that failed.
It’s your ability to act in the moment.
🧩 The Identity Problem
You don’t trade what you see.
YOU TRADE WHAT YOU BELIEVE ABOUT YOURSELF. (Read this again and again!)
A trader who doesn’t truly believe they deserve to win will sabotage themselves in the most subtle ways:
They’ll wait too long
Or enter too early
Or close too fast
Or move the SL to feel “safe”
Not because the chart said so — but because their inner narrative said:
“You’re probably wrong. You mess it up too much. Play it safe.”
If you act like a spectator, you’ll always miss like one.
The market doesn’t reward analysts. It rewards conviction.
🔁 The Real Pattern: Overthinking > Hesitating > Missing > Frustration > Revenge
It’s a loop. And it starts with not trusting your process.
Once you hesitate, everything spirals:
You miss the clean entry
You enter late and take a worse R:R
You get stopped out or close early
You enter another trade out of revenge
You lose again — and blame the setup
But the setup wasn’t the problem.
You weren’t ready.
🔨 Fixing the Execution Gap
How do you stop hesitating?
Not with journaling. Not with meditating. Not with fluff.
You stop by building clarity — fast.
✅ Before the session, take a few minutes.
Ask yourself:
What setup am I waiting for?
What would cancel it?
Say it out loud. That’s it.
✅ When price enters the zone, say:
“This is it. Let’s go.”
No overthinking. No pause. No doubt.
Imagine this: you’re watching Gold hit a reaction zone you’ve marked all morning.
Instead of watching five indicators, you’ve already made the decision.
Price touches → you execute. Done.
✅ After the trade, ask just one question:
Did I do what I said I’d do?
If yes, you won. Even if it lost.
🎯 Train the Moment
Want to build real confidence?
Start training the execution moment — not just the strategy.
Here’s how:
Visualize 2 types if entry before each trade.
“If price hits this zone and does X, I enter. If not, I don’t.”
🧠 Rehearse mentally.
Visualize the actual mouse click. Imagine price entering your zone and you acting decisively.
👁 Review only one thing each day:
Did I trust the zone and act — or did I hesitate again?
Execution is a skill. It gets sharper the more you drill it — before the trade is live.
💬 Final Thoughts
You already know the zones.
You already understand structure.
You just need more courage.
🎯 Learn to enter with intention.
🧠 Learn to trust the plan you built.
And start becoming the trader you keep pretending you already are.
If this lesson helped you today and brought you more clarity:
Drop a 🚀 and follow us✅ for more published ideas.
GOLD: Bullish Bias Holds, But Mind the Unfilled GapGold dipped below 3300 today and bounced back, though the gap near 3289 remains unfilled.
This shows buying interest is active, but also reveals that some sideline capital is still waiting for a full retest.
Combined with selling pressure on the rebound, it’s clear that bullish strength is currently limited.
—
🔍 Two Possible Scenarios from Here:
1️⃣ If support proves firm during consolidation, bulls may regain momentum and push higher
2️⃣ If support fails, price is likely to fill the 3289 gap before launching the next leg up
📌 Current Trade Outlook:
✅ Bullish trend remains intact
✅ Regardless of the short-term path, the direction is upward
✅ Watch resistance at 3331, with a key zone near 3348
—
⚠️ Note: The daily chart structure still needs further correction.
If volume remains weak after a second dip and a failed bounce follows, bears may take over again — in that case, the next downside target would be around 3258–3228
📩 Conclusion: Stay long-biased, but react flexibly to support strength and volume shifts.
Buy opportunity when price retraces to break the topGBPUSD encounters resistance at 1.358, there is a high possibility that there will be a price reaction to 1.35500 to create a Dow break 1.358 towards higher levels.
GBPUSD is increasing very strongly again in the main trend, we wait for a retracement to the support zones, which is a strong buying opportunity.
1.358-1.355-1.351-1.345 are BUY zones when the price has a reaction of buying force at these price zones.
Gold Short Opportunity at $3340Gold is currently showing signs of Bearish market directionality on the 4 hour timeframe with price trading below the 50 SMA and RSI showing bearish sign trading below 45. This is a retracement in the context of the higher timeframe but price has the potential to continue all the way down to $3250. We could potentially see a retest of $3340 (potential break-and-retest level) before price down to $3250
Gold Rejected at Resistance, Targets $3,305 & Below Gold ( OANDA:XAUUSD ) rose to $3,400, as I expected in my previous idea .
Gold is trading near the Resistance zone($3,387-$3,357) and has failed to break the resistance zone validly .
In terms of Elliott Wave theory , it seems that Gold has managed to complete the microwave 5 of the main wave C with the help of Expanding Ending Diagonal . It was a corrective Zigzag(ABC/5-3-5) structure .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks.
I expect Gold to touch $3,305 after breaking the lower line of the ascending channel at the first target and then decline to the Support zone($3,281-$3,245) and Monthly Pivot Poin t.
Note: Stop Loss(SL)= 3394.000
Gold Analyze ( XAUUSD ), 4-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
XAUUSD Analysis today : Drop to monthly support?XAUUSD with NFP breakdown from significant daily support price has dropped nearly to monthly support and may continue to drop to retest the monthly support? As there is a rejection from the monthly high and the market is almost nearly to monthly gap open, it is highly likely price may retest the monthly support.
As with new monthly open, we see price has retraced to the significant intra day resistance to retest the level 3328.00
As the market started to reject back to the major direction of the trend, it is mostly probable that the price may continue to drop to this long term support level
3289.32
As predicted, gold continued to fall to the support zoneWorld gold price today
World gold price today increased slightly, with the spot gold price listed on Kitco around 3,317.85 USD/ounce, up 6.18 USD/ounce compared to early this morning. The last traded gold futures price was 3,338.2 USD/ounce, down 8.4 USD/ounce compared to early this morning.
World gold price experienced a volatile week when it continuously fluctuated within the range of 3,300 to 3,400 USD/ounce. But after all the fierce fluctuations, this precious metal returned to near the starting point at the end of the week, reflecting the indecision and waiting mentality of investors before the economic and geopolitical signals that have not yet been resolved.
Pay attention to the points I noted on the analysis.
Best regards, StarrOne !!!
Gold analysis – 1H FVG and OB setupPrice failed to hold at the first 1H FVG (red circle) and broke through quickly.
At the second 1H FVG (green circle), we entered a Buy position, and it’s currently running in profit ✅
Now, price is testing another 1H FVG around 3,327. If we get bullish confirmation here, upside targets are:
🔹 1H OB at 3,370
🔹 1H OB near 3,390–3,410
If price gets rejected again, watch for retracement into lower FVG zones: 3,290 and 3,250
Smart Money Concepts in play – watching PA for next move.
📊 ProfitaminFX | Gold, BTC & EUR/USD
📚 Daily setups & educational trades
📱 IG: @profitamin.fx
6/9 Gold Analysis and Trading SignalsLast Friday, gold experienced a sharp drop, briefly testing the 3300 level. From a technical standpoint, the market has started to show early signs of bottom formation, which could materialize either as a double bottom / multiple bottom pattern, or through a direct upside breakout.
If the former unfolds, we expect a stronger and more sustainable rebound.
If it turns into a straight bullish leg, traders should be cautious of potential exhaustion in the rally, which may invite a renewed bearish attack.
📊 Key Macro Focus This Week:
Markets will be primarily influenced by data releases on Wednesday through Friday, including:
Monthly CPI
Initial Jobless Claims
Inflation Expectations
As a result, Monday's trading will be dominated by technical patterns, with a bias toward a corrective rebound. The strategic focus should be on buying near support, with short-term opportunities to sell near key resistance.
📌 Monday Trading Plan:
✅ Buy in the 3303–3286 zone (early base-building area)
✅ Sell in the 3343–3353 zone (overhead resistance)
🔄 Intraday pivot levels for tactical entries:
3338 / 3326 / 3317 / 3309
XAU/USD 09 June 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 23 April 2025
Price has now printed a bearish CHoCH according to my analysis yesterday.
Price is now trading within an established internal range.
Intraday Expectation:
Price to trade down to either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high priced at 3,500.200.
Note:
The Federal Reserve’s sustained dovish stance, coupled with ongoing geopolitical uncertainties, is likely to prolong heightened volatility in the gold market. Given this elevated risk environment, traders should exercise caution and recalibrate risk management strategies to navigate potential price fluctuations effectively.
Additionally, gold pricing remains sensitive to broader macroeconomic developments, including policy decisions under President Trump. Shifts in geopolitical strategy and economic directives could further amplify uncertainty, contributing to market repricing dynamics.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Analysis and bias remains the same as analysis dated 22 May 2025.
In my analysis from 12 May 2025, I noted that price had yet to target the weak internal high, including on the H4 timeframe. This aligns with the ongoing corrective bearish pullback across higher timeframes, so a bearish internal Break of Structure (iBOS) was a likely outcome.
As anticipated, price targeted strong internal low, confirming a bearish iBOS.
Price has remained within the internal range for an extended period and has yet to target the weak internal low. A contributing factor could be the bullish nature of the H4 timeframe's internal range, which has reacted from a discounted level at 50% of the internal equilibrium (EQ).
Intraday Expectation:
Technically price to continue bullish, react at either premium of internal 50% EQ or M15 demand zone before targeting weak internal low priced at 3,120.765.
Alternative scenario:
Price can be seen to be reacting at discount of 50% EQ on H4 timeframe, therefore, it is a viable alternative that price could potentially print a bullish iBOS on M15 timeframe.
Note:
Gold remains highly volatile amid the Federal Reserve's continued dovish stance and persistent geopolitical uncertainties. Traders should implement robust risk management strategies and remain vigilant, as price swings may become more pronounced in this elevated volatility environment.
Additionally, President Trump’s recent tariff announcements are expected to further amplify market turbulence, potentially triggering sharp price fluctuations and whipsaws.
M15 Chart:
XAUUSD 4H AnalysisBased on Ichimoku, we expect short-term uptrend toward 3348 and after that we expect rejection from these levels and starting downward movement to support levels (3228-3179).
we consider all these levels as valuable zones for our trading so be cautious about the reaction of XAUUSD.
The decline is not complete, beware of the low point.Last Friday, the US dollar index rose and recovered the 99 mark as the non-farm data exceeded expectations and weakened the Fed's hope of cutting interest rates this year. Spot gold continued to fall after the release of non-farm data, breaking through the 3345 and 3330 levels.
Market analysis:
First look at the 4-hour chart of gold:
It broke through the 3300 mark in the early Asian session on Monday and is currently maintained near 3310. However, from the current point of view, the decline of gold has not been completed. From the trend point of view, gold must at least test the position near 3280 and 3250 before there will be a relative chance of rebound. Once it falls below 3250, gold may not have a chance to rebound, and it will officially enter a bearish trend, and it will be greeted by a bearish trend at the daily level.
From the hourly chart, if it cannot stabilize above 3310, then gold is likely to fall, and see whether it will break through 3280 or 3250. On the contrary, if it stabilizes above 3310, it may hit the early high near 3320 again. However, as long as it cannot stabilize above 3325, gold will still fall. Now you should pay attention to where to short gold.
Operation strategy:
If the price cannot stabilize above 3310, you can short near 3310.
If it stabilizes above 3310, you can wait for short near 3320.
Gold is vulnerable under 3340-3350 zone1. What happened last week?
As expected, Gold broke below the key 3340–3350 support zone and even slipped under 3300 during the Asian session this Monday, briefly reaching new short-term lows. The bearish pressure continues to dominate.
2. Key question now:
Is the drop over?
3. Why I expect the correction to end soon:
- The recent decline totaled nearly 1100 pips – a strong impulse move.
- Price is now undergoing a typical retracement after a steep sell-off.
- The previous support zone at 3340–3350 is now acting as resistance – a textbook role reversal.
- I expect this zone to attract sellers again.
4. My trading plan:
I remain bearish and plan to sell rallies, especially if the price shows rejection signs in the 3340–3350 area. This correction could offer an ideal re-entry for shorts at better risk/reward levels.
5. Final thoughts 🚀
The trend is still bearish. I’m waiting for the market to confirm resistance around 3340–3350 before executing my next move.
GOLD Intraday Chart Update For 9 June 2025Good Morning Traders,
As you can see that market try to fill the previous week opening gap and in that situation we may wait for a while to fill the gap and buying zone is located at 3265-3285, once market gives us a bounce back it will may move back to 3330-3340 SBR Zone
however market try to sustain above 3300 Psychological Level but keep in mind US China Tariff Deal which is due in this week
also if market sustains below 3300 psychological level successfully then it will move towards 3245-55 zone and final destination maybe 3200 Psychological
Disclaimer: Forex is Risky
H1 frame analysis for next week gold plan after NFMGold is running wave 3, planning to go down to the near resistance zone then run wave 4 to the area just broken out, continue running wave 5 to decrease to complete the short-term decrease cycle
Everyone pay attention to the transaction, I have noted the price zones for everyone to refer to. Thank you traders for reading the article.
Follow me to see my analysis and comments on Gold !!!
Best regards, StarrOne !!!