As of now, gold is consolidating around $3,231/oz, maintaining a tight range near recent highs. Despite short-term fluctuations, the medium-term bullish trend remains intact, supported by both macro fundamentals and technical structure.
🔮 Trend Outlook:
Medium-Term Bias: Bullish. Maintain a "buy-on-dip" strategy supported by geopolitical risk, monetary easing expectations, and sustained central bank demand.
Short-Term Focus: Key levels to watch are $3,180 support and $3,245 resistance. A breakout from this range is likely to trigger directional momentum.
🎯 Trade Setup:
🟢 Long Strategy (Primary Idea):
Buy Entry: $3,185–$3,175
Stop Loss: Below $3,165
Targets: $3,220 / $3,245
🔴 Short Setup (Tactical Counterplay):
If price fails to break above $3,245, consider shorting on rejection
Targets: $3,190 / $3,180
Stop Loss: Above $3,252
🔮 Trend Outlook:
Medium-Term Bias: Bullish. Maintain a "buy-on-dip" strategy supported by geopolitical risk, monetary easing expectations, and sustained central bank demand.
Short-Term Focus: Key levels to watch are $3,180 support and $3,245 resistance. A breakout from this range is likely to trigger directional momentum.
🎯 Trade Setup:
🟢 Long Strategy (Primary Idea):
Buy Entry: $3,185–$3,175
Stop Loss: Below $3,165
Targets: $3,220 / $3,245
🔴 Short Setup (Tactical Counterplay):
If price fails to break above $3,245, consider shorting on rejection
Targets: $3,190 / $3,180
Stop Loss: Above $3,252
Market trading is not only as sharp as a falcon, but also as delicate as a painting!
Only in this way can we ensure continuous profits!
One-to-One membership service:
t.me/Hobart1988
Only in this way can we ensure continuous profits!
One-to-One membership service:
t.me/Hobart1988
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.
Market trading is not only as sharp as a falcon, but also as delicate as a painting!
Only in this way can we ensure continuous profits!
One-to-One membership service:
t.me/Hobart1988
Only in this way can we ensure continuous profits!
One-to-One membership service:
t.me/Hobart1988
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.