Gold rose to test the 3,350 resistance level before falling again. Meanwhile, U.S. President Trump postponed plans to impose a 50% tariff on the EU, cooling market risk aversion. After the decline, gold retested the 3,290–3,300 support zone. Today, after profiting from short orders, you can attempt to go long in this area, as I mentioned earlier—the impact of news is only temporary.
Today's trading strategy for gold:
xauusd buy@3290-3300
tp:3320-3340
Today's trading strategy for gold:
xauusd buy@3290-3300
tp:3320-3340
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.
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.