Gold stumbles at 3379 resistance! Bull-bear eyes 3360-3390 zone

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I. Resistance and Support Levels
Resistance ๐Ÿšง: The intraday high of 3379 acts as initial resistance, with strong resistance in the 3390-3400 zone ๐Ÿ”๏ธ.
Support ๐Ÿ›ก๏ธ: Initial support is at 3360-3365, while strong support lies in the 3325-3330 range ๐Ÿ“‰.
II. Trading Strategies
(1) Aggressive Long Position ๐Ÿš€
Entry ๐Ÿ“Š: Lightly initiate long positions when the price pulls back to the 3365-3368 zone and stabilizes (e.g., bullish candlestick patterns appear ๐Ÿ”ฅ).
Stop Loss โ›”: Exit if the price breaks below 3360.
Targets ๐ŸŽฏ: First target at 3390; if breached, aim for 3435* (Note: "34350" in the original text is likely a typoโ€”adjust based on actual market conditions โš ๏ธ).
(2) Conservative Long Position ๐Ÿ“ˆ
Entry โณ: Enter long after the price validly breaks above 3379 and retests support at the 3390-3395 zone ๐Ÿ”„.
Stop Loss โš ๏ธ: Exit if the price falls below 3375.
Targets ๐ŸŽฏ: Same as the aggressive long strategy ๐Ÿ“.
(3) Short Position ๐Ÿ“‰
Entry ๐Ÿ“Š: Lightly initiate short positions if the price rejects resistance in the 3380-3385 zone (e.g., bearish candlestick patterns form ๐Ÿ“‰) or fails to break above 3390 and drops below 3375 โฌ‡๏ธ.
Stop Loss โ›”: Exit if the price breaks above 3388.
Targets ๐ŸŽฏ: First target at 3360; if breached, aim for 3330 ๐Ÿ.


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