Gold has rebounded from support and is now approaching a resistance zone. The short-term bullish trend remains intact.
🎯 Trading Outlook:
Initial target: around 3282
If momentum continues, a breakout above 3300 is possible during tomorrow’s session
⚠️ Key Levels to Watch:
Resistance: 3272–3279
If price fails to break above this zone, it may retest support at 3256–3246
📌 Strategy:
Stay with buy-the-dip strategy as long as price remains below 3280. If broken, reassess based on bullish strength.
💬 Questions? Drop me a message and I’ll get back to you with personalized insights!
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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.