📊 Technical Analysis
● Price printed successive lower highs (LH) inside the descending channel and has just broken back below the blue corrective trend‑line.
● Fresh acceptance under the 3 260 points to a slide toward the lower rail at 3 200, with scope to probe the March floor near 3 100; bias flips only on a 4 h close back above 3 300.
💡 Fundamental Analysis
● A hotter‑than‑expected US CPI (3.5 % y/y) lifted 10‑yr yields to 4.50 %, reviving bets that the Fed may delay cuts, which firmed the USD and spurred ETF outflows from bullion.
✨ Summary
Lower highs + rising US yields favour a short‑term short in XAU/USD: targets 3 200 → 3 100, risk managed above 3 300.
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● Price printed successive lower highs (LH) inside the descending channel and has just broken back below the blue corrective trend‑line.
● Fresh acceptance under the 3 260 points to a slide toward the lower rail at 3 200, with scope to probe the March floor near 3 100; bias flips only on a 4 h close back above 3 300.
💡 Fundamental Analysis
● A hotter‑than‑expected US CPI (3.5 % y/y) lifted 10‑yr yields to 4.50 %, reviving bets that the Fed may delay cuts, which firmed the USD and spurred ETF outflows from bullion.
✨ Summary
Lower highs + rising US yields favour a short‑term short in XAU/USD: targets 3 200 → 3 100, risk managed above 3 300.
-------------------
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Trade active
📊 Technical Analysis
● The rebound is fading at the channel’s internal median (blue) after printing successive lower swing‑highs since late‑April, signalling waning upward momentum.
● Last week’s close back below 3 260 turned that line into resistance; the current uptick looks like a classic retest, favouring another leg toward the lower dotted supports at 3 200 and 3 100.
💡 Fundamental Analysis
● A risk‑on wave sparked by hopes of a U.S.–China tariff détente lifted the dollar and equities, siphoning flows from safe‑haven gold.
● Fed officials stressed “no rush” to cut while inflation lingers, keeping Treasury yields elevated and further dulling bullion’s appeal.
✨ Summary
Failed retest of 3 260/3 315 inside a softening up‑channel, plus firm USD‑rate backdrop, support a short bias: targets 3 200 → 3 100, risk managed on a sustained break above 3 315.
-------------------
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🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.