Summary:
The situation is getting interesting — Trump is reportedly considering naming Powell’s successor early, which is providing support for gold.
For now, the plan is to buy on dips to support. However, if Trump changes course again, we must stay flexible and respond to any reversals with clear plans.
🔍 Key Levels to Watch:
• 3370 – Resistance
• 3364 – Resistance
• 3350 – Midpoint / Bull-Bear Line
• 3340 – Key Resistance
• 3329 – Support
• 3312 – Intraday Key Support
• 3300 – Psychological Support
• 3295 – Support
• 3285 – Support
📉 Intraday Strategy:
• SELL if price breaks below 3325 → watch 3321, then 3312, 3305, 3300
• BUY if price holds above 3335 → target 3340, then 3345, 3350, 3358
👉 If you want to know how I time entries and set stop-losses, hit the like button so I know there's interest — I may publish a detailed post by the weekend if support continues!
Disclaimer: This is my personal opinion, not financial advice. Trade with caution and always manage your risk.
The situation is getting interesting — Trump is reportedly considering naming Powell’s successor early, which is providing support for gold.
For now, the plan is to buy on dips to support. However, if Trump changes course again, we must stay flexible and respond to any reversals with clear plans.
🔍 Key Levels to Watch:
• 3370 – Resistance
• 3364 – Resistance
• 3350 – Midpoint / Bull-Bear Line
• 3340 – Key Resistance
• 3329 – Support
• 3312 – Intraday Key Support
• 3300 – Psychological Support
• 3295 – Support
• 3285 – Support
📉 Intraday Strategy:
• SELL if price breaks below 3325 → watch 3321, then 3312, 3305, 3300
• BUY if price holds above 3335 → target 3340, then 3345, 3350, 3358
👉 If you want to know how I time entries and set stop-losses, hit the like button so I know there's interest — I may publish a detailed post by the weekend if support continues!
Disclaimer: This is my personal opinion, not financial advice. Trade with caution and always manage your risk.
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.