🌞Good afternoon everyone!
Yesterday, gold successfully entered the 3218–3198 buy zone, delivering notable profits.
So far, the price has tested both the 3218 support and the 3246 resistance multiple times, reflecting a fierce battle between bulls and bears. From a technical perspective, bulls appear slightly favored in the short term, with major resistance located between 3286–3320.
⚠️ However, if gold fails to break through this area and reverses, it may initiate a medium-term downtrend, potentially falling toward the 3169–3110 zone.
📌 Trading Recommendations for Today:
Sell Zone: 3305 – 3330
Buy Zone: 3208 – 3178
Flexible Trading Ranges:
▫️ 3218 – 3252
▫️ 3282 – 3248
▫️ 3252 – 3303
Yesterday, gold successfully entered the 3218–3198 buy zone, delivering notable profits.
So far, the price has tested both the 3218 support and the 3246 resistance multiple times, reflecting a fierce battle between bulls and bears. From a technical perspective, bulls appear slightly favored in the short term, with major resistance located between 3286–3320.
⚠️ However, if gold fails to break through this area and reverses, it may initiate a medium-term downtrend, potentially falling toward the 3169–3110 zone.
📌 Trading Recommendations for Today:
Sell Zone: 3305 – 3330
Buy Zone: 3208 – 3178
Flexible Trading Ranges:
▫️ 3218 – 3252
▫️ 3282 – 3248
▫️ 3252 – 3303
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.