Review of the Day's Trends
Gold opened with a slight upward movement before turning bearish, dipping to a low of 3,204 before reboundingš. It traded in a narrow range between 3,210 and 3,220, then surged during the U.S. trading sessionš¹, hitting a high of around 3,285 and ultimately closing near 3,280š.
Analysis of Rising Factors
Geopolitical Factorsš:
Escalating conflictsāIsraelās ground offensive in Gaza, Russiaās airstrikes, and Iranās uranium enrichmentāheightened risk aversion. Goldās safe-haven status drove demandš.
Economic Data and Policy Expectationsš:
Moodyās U.S. credit downgrade fueled caution, while Fed rate-cut expectations (57bps in 2025) lowered goldās opportunity cost, boosting appeal.
Technical Analysisšš:
Daily chart: MACD green bars shrinking toward zero, 5-day MA nearing a bullish cross with 10-day MAāsignaling upward momentumš.
4-hour chart: Resistance at 3,250 (last Fridayās decline origin)ā ļø. Failure to hold 3,285 could lead to a retracement to 3,260ā3,240š»; a break above 3,285 may target 3,300šŗ
It is likely that a pullback will occur
ā”ļøā”ļøā”ļø XAUUSD ā”ļøā”ļøā”ļø
š Sell@3285
š TP 3270 - 3260
Accurate signals are updated every day š If you encounter any problems during trading, these signals can serve as your reliable guide š§ Feel free to refer to them! I sincerely hope they'll be of great help to you š š
Gold opened with a slight upward movement before turning bearish, dipping to a low of 3,204 before reboundingš. It traded in a narrow range between 3,210 and 3,220, then surged during the U.S. trading sessionš¹, hitting a high of around 3,285 and ultimately closing near 3,280š.
Analysis of Rising Factors
Geopolitical Factorsš:
Escalating conflictsāIsraelās ground offensive in Gaza, Russiaās airstrikes, and Iranās uranium enrichmentāheightened risk aversion. Goldās safe-haven status drove demandš.
Economic Data and Policy Expectationsš:
Moodyās U.S. credit downgrade fueled caution, while Fed rate-cut expectations (57bps in 2025) lowered goldās opportunity cost, boosting appeal.
Technical Analysisšš:
Daily chart: MACD green bars shrinking toward zero, 5-day MA nearing a bullish cross with 10-day MAāsignaling upward momentumš.
4-hour chart: Resistance at 3,250 (last Fridayās decline origin)ā ļø. Failure to hold 3,285 could lead to a retracement to 3,260ā3,240š»; a break above 3,285 may target 3,300šŗ
It is likely that a pullback will occur
ā”ļøā”ļøā”ļø XAUUSD ā”ļøā”ļøā”ļø
š Sell@3285
š TP 3270 - 3260
Accurate signals are updated every day š If you encounter any problems during trading, these signals can serve as your reliable guide š§ Feel free to refer to them! I sincerely hope they'll be of great help to you š š
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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.
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.