📊 Technical Analysis
● Price still respects the former channel roof (now support) at 3 315-3 320; every dip to this line (green arrows) printed a higher low, preserving the rising-wedge structure.
● A break of the local wedge cap at 3 350 would reopen the April supply/median target at 3 435; failure to pierce keeps the pull-back window open toward the lower grey band at 3 245, where the broader demand begins.
💡 Fundamental Analysis
● US ISM-services prices and NFP cooled, lifting September Fed-cut odds >70 % and capping real yields, while continued PBoC purchases offset ETF outflows, under-pinning bullion.
✨ Summary
Buy 3 305-3 320; confirmation above 3 350 targets 3 435, extension 3 500. Long bias void on an H4 close below 3 245.
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● Price still respects the former channel roof (now support) at 3 315-3 320; every dip to this line (green arrows) printed a higher low, preserving the rising-wedge structure.
● A break of the local wedge cap at 3 350 would reopen the April supply/median target at 3 435; failure to pierce keeps the pull-back window open toward the lower grey band at 3 245, where the broader demand begins.
💡 Fundamental Analysis
● US ISM-services prices and NFP cooled, lifting September Fed-cut odds >70 % and capping real yields, while continued PBoC purchases offset ETF outflows, under-pinning bullion.
✨ Summary
Buy 3 305-3 320; confirmation above 3 350 targets 3 435, extension 3 500. Long bias void on an H4 close below 3 245.
-------------------
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Trade active
📊 Technical Analysis
● Price is capped by the H1 descending-channel roof (black) and has printed a lower-high exactly at the purple retest line—repeating 3 failed breakouts (red arrows) and finishing a bearish flag inside 3 315-3 348 supply.
● Momentum divergence accompanies a tightening flag; a 1 h close below 3 320 activates its measured move to the mid-band supports at 3 289, then 3 260 near the channel floor.
💡 Fundamental Analysis
● A hawkish Fed repricing after the hotter US PPI print lifted 2-yr yields back toward 4.8 %, reviving USD strength while COMEX data show fresh speculative long trimming.
✨ Summary
Sell rallies 3 335-3 345; breakdown <3 320 targets 3 289 ➜ 3 260. Short view void on an hour close above 3 350.
-------------------
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🔻FREE Telegram channel🔻
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Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
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
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.