Summary:
Bullish momentum is fading, and the key levels to watch today are 3357 and 3323 — a breakout from either side is likely to determine gold's next direction.
Today's strategy can be framed around 3350 as the pivot:
Key Levels to Watch:
3365: Intraday key resistance
3357: Resistance
3350: Midpoint / key pivot
3345: Resistance
3337: Support
3332: Key support
3323: Intraday key support
3315: Support
3300: Psychological level
3288: Critical support
Short-Term (15m) Trading Strategy:
For Shorts:
Sell if price breaks below 3340
Watch 3337, then 3332, 3327, 3323
For Longs:
Buy if price holds above 3345
Watch 3347, then 3350, 3357, 3365
👉 If this helps your trading today, a like would be a great encouragement — thank you for the continued support!
Disclaimer: This is my personal opinion and not financial advice. Always manage your risk and trade with a plan.
Bullish momentum is fading, and the key levels to watch today are 3357 and 3323 — a breakout from either side is likely to determine gold's next direction.
Today's strategy can be framed around 3350 as the pivot:
- Above 3350, look for buy opportunities on pullbacks
- Below 3350, look for sell opportunities on resistance retests
Key Levels to Watch:
3365: Intraday key resistance
3357: Resistance
3350: Midpoint / key pivot
3345: Resistance
3337: Support
3332: Key support
3323: Intraday key support
3315: Support
3300: Psychological level
3288: Critical support
Short-Term (15m) Trading Strategy:
For Shorts:
Sell if price breaks below 3340
Watch 3337, then 3332, 3327, 3323
For Longs:
Buy if price holds above 3345
Watch 3347, then 3350, 3357, 3365
👉 If this helps your trading today, a like would be a great encouragement — thank you for the continued support!
Disclaimer: This is my personal opinion and not financial advice. Always manage your risk and trade with a plan.
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.