📉 Gold Holds Steady ~$3,354/oz
Moderate USD strength and tariff-driven safe‑haven buying have kept gold anchored in the $3,330–$3,360 zone.
🤝 Trade & Tariff Influence
Tariff headlines—from Canada’s 35% rate to broader threats—have supported gold by boosting safe‑haven demand heading into U.S. CPI.
📊 Technical Watch
Testing resistance at $3,360; full breakout above $3,342–$3,360 opens path to $3,400–$3,500.
Support sits at $3,330–$3,322 (20‑day EMA); breach risks pickup in short‑term bearish momentum.
💼 U.S. Macro & Fed Cues
Inflation data (June CPI due July 15) and Fedspeak ahead of the July blackout window are set to define next directional moves.
🌍 Central Bank Insight
World central banks are stockpiling gold at record rates, creating a bullish backdrop.
⚖ Range‑Bound Outlook
Expect gold to drift between $3,330–$3,360 near‑term, with upside if tariff/CPI triggers materialize.
📉 Short‑Term Bias
Neutral‑to‑bullish; momentum indicators are calm but could shift quickly on macro surprises.
📈 Med‑Term Outlook Bullish
Ongoing central bank demand, trade dynamics, and macro fundamentals still favor a gradual move toward $3,500+.
⭐ Updated Strategy Recommendations
Accumulate on dips near $3,330–$3,320.
Watch resistance at $3,360–$3,400 for profit‑taking or breakout buying opportunities.
Bears may focus on selling rallies near the upper range.
Moderate USD strength and tariff-driven safe‑haven buying have kept gold anchored in the $3,330–$3,360 zone.
🤝 Trade & Tariff Influence
Tariff headlines—from Canada’s 35% rate to broader threats—have supported gold by boosting safe‑haven demand heading into U.S. CPI.
📊 Technical Watch
Testing resistance at $3,360; full breakout above $3,342–$3,360 opens path to $3,400–$3,500.
Support sits at $3,330–$3,322 (20‑day EMA); breach risks pickup in short‑term bearish momentum.
💼 U.S. Macro & Fed Cues
Inflation data (June CPI due July 15) and Fedspeak ahead of the July blackout window are set to define next directional moves.
🌍 Central Bank Insight
World central banks are stockpiling gold at record rates, creating a bullish backdrop.
⚖ Range‑Bound Outlook
Expect gold to drift between $3,330–$3,360 near‑term, with upside if tariff/CPI triggers materialize.
📉 Short‑Term Bias
Neutral‑to‑bullish; momentum indicators are calm but could shift quickly on macro surprises.
📈 Med‑Term Outlook Bullish
Ongoing central bank demand, trade dynamics, and macro fundamentals still favor a gradual move toward $3,500+.
⭐ Updated Strategy Recommendations
Accumulate on dips near $3,330–$3,320.
Watch resistance at $3,360–$3,400 for profit‑taking or breakout buying opportunities.
Bears may focus on selling rallies near the upper range.
Note
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🔱Syndicate Black MT4/MT5
⚡️Gold/FX Auto-Trading bot
🔱100%/week max DD <10%
📕verified 500%+ gains
🏧GOLD EA target 100%+ gains/week
🚀supercharge your trading
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t.me/syndicategold001
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.
taplink.cc/black001
🔱Syndicate Black MT4/MT5
⚡️Gold/FX Auto-Trading bot
🔱100%/week max DD <10%
📕verified 500%+ gains
🏧GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate gold signals
t.me/syndicategold001
🔱Syndicate Black MT4/MT5
⚡️Gold/FX Auto-Trading bot
🔱100%/week max DD <10%
📕verified 500%+ gains
🏧GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate gold signals
t.me/syndicategold001
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.