Gold is currently facing resistance pressure around the 3335 zone.
Price action shows repeated rejections from the upside with no strong bullish follow-through.
Bearish structure remains intact, favoring short positions in the near term.
🟠 Entry Zone: Below 3328 confirms weakness
🛑 Resistance/Stop Loss: 3335–3340 (key rejection zone)
🎯 Next Target: 3290 (major support & liquidity area)
Market sentiment remains cautious as dollar strength builds.
A break below 3325 could accelerate the downside momentum.
Wait for candle confirmation on the lower timeframe before entering.
Bias: Bearish | Trend: Short-term Down | Risk Management: Essential
Price action shows repeated rejections from the upside with no strong bullish follow-through.
Bearish structure remains intact, favoring short positions in the near term.
🟠 Entry Zone: Below 3328 confirms weakness
🛑 Resistance/Stop Loss: 3335–3340 (key rejection zone)
🎯 Next Target: 3290 (major support & liquidity area)
Market sentiment remains cautious as dollar strength builds.
A break below 3325 could accelerate the downside momentum.
Wait for candle confirmation on the lower timeframe before entering.
Bias: Bearish | Trend: Short-term Down | Risk Management: Essential
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Disclaimer
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MY FOREX & CRYPTO SIGNAL TELEGRAM CHANNEL:
t.me/+R65cJXM2CjIwMjlk
t.me/+R65cJXM2CjIwMjlk
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.