🌇Good afternoon, everyone!
Yesterday, gold broke the support after some sideways movement and touched the buy zone near 3170, but profit was limited.
Today, after opening, gold rebounded to above 3190 but faced resistance and started dropping again. Notably, the 1-hour chart shows bullish divergence, and although not yet corrected, such divergence usually leads to a rebound of at least $60 — a potential opportunity worth watching.
🗞 News Highlights:
U.S. Initial Jobless Claims
Research conference on monetary policy and economy
These events may significantly impact gold, so stay alert.
📌 Today’s Trading Strategy:
🟢 Buy Zone: 3113 – 3076
🔴 Sell Zone: 3208 – 3223
🔄 Flexible Trading Ranges:
▫️3123-3152-3168-3187-3198
✅ Maintain cautious, flexible positioning. Watch for divergence correction opportunities for a potential sharp rebound.
Yesterday, gold broke the support after some sideways movement and touched the buy zone near 3170, but profit was limited.
Today, after opening, gold rebounded to above 3190 but faced resistance and started dropping again. Notably, the 1-hour chart shows bullish divergence, and although not yet corrected, such divergence usually leads to a rebound of at least $60 — a potential opportunity worth watching.
🗞 News Highlights:
U.S. Initial Jobless Claims
Research conference on monetary policy and economy
These events may significantly impact gold, so stay alert.
📌 Today’s Trading Strategy:
🟢 Buy Zone: 3113 – 3076
🔴 Sell Zone: 3208 – 3223
🔄 Flexible Trading Ranges:
▫️3123-3152-3168-3187-3198
✅ Maintain cautious, flexible positioning. Watch for divergence correction opportunities for a potential sharp rebound.
Trade active
The price has risen to around 3187, you can close some long orders to lock in profits, and keep some to wait for around 3200 (or close all of them)When it falls back, the closed part can be gradually added around 3152 depending on the situation
Note
The price has risen to 3200. The bulls have won a great victory today. You can go short next, or wait until the support is reached before going long.
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.