🌇Good afternoon, everyone!
Yesterday, gold only entered the 3218–3252 flexible range, and did not touch the broader buy/sell zones, resulting in limited profits.
Currently, gold remains under resistance, and candlestick formations suggest an irregular double top. With ongoing sideways box-range movement, the market lacks a clear direction, so caution is advised.
📉 If bears take control, gold could drop toward 3169.
📈 If bulls prevail, a rebound to 3300 is likely.
🔍 Key Technical Zones:
Bullish Resistance: 3246 – 3268
Support Area: 3218 – 3209
🗞 News Focus:
Speeches from Fed members Waller and Jefferson today may trigger directional momentum in the market.
📌 Trading Strategy for Today:
Sell Zone: 3301 – 3327
Buy Zone: 3170 – 3152
Flexible Trading Ranges:
▫️ 3210 – 3243
▫️ 3272 – 3259
▫️ 3247 – 3296
✅ Trade with discipline, manage position sizes carefully, and stay alert during key speeches.
Yesterday, gold only entered the 3218–3252 flexible range, and did not touch the broader buy/sell zones, resulting in limited profits.
Currently, gold remains under resistance, and candlestick formations suggest an irregular double top. With ongoing sideways box-range movement, the market lacks a clear direction, so caution is advised.
📉 If bears take control, gold could drop toward 3169.
📈 If bulls prevail, a rebound to 3300 is likely.
🔍 Key Technical Zones:
Bullish Resistance: 3246 – 3268
Support Area: 3218 – 3209
🗞 News Focus:
Speeches from Fed members Waller and Jefferson today may trigger directional momentum in the market.
📌 Trading Strategy for Today:
Sell Zone: 3301 – 3327
Buy Zone: 3170 – 3152
Flexible Trading Ranges:
▫️ 3210 – 3243
▫️ 3272 – 3259
▫️ 3247 – 3296
✅ Trade with discipline, manage position sizes carefully, and stay alert during key speeches.
I’ve created a channel where I’ll be posting market analysis and trading signals.
Feel free to join—it makes it easier to follow updates, and you can also contact me directly if you have any questions.
t.me/+h6RM5RdP6X9hNmI8
Feel free to join—it makes it easier to follow updates, and you can also contact me directly if you have any questions.
t.me/+h6RM5RdP6X9hNmI8
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.
I’ve created a channel where I’ll be posting market analysis and trading signals.
Feel free to join—it makes it easier to follow updates, and you can also contact me directly if you have any questions.
t.me/+h6RM5RdP6X9hNmI8
Feel free to join—it makes it easier to follow updates, and you can also contact me directly if you have any questions.
t.me/+h6RM5RdP6X9hNmI8
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.