📊 Technical Analysis
●
XAUUSD tagged the purple support line at $3 300 inside the green demand zone, then printed a bullish engulfing candle.
● Price is climbing within the rising‑channel mid‑band; reclaiming the black support level $3 360 should propel gold to the upper resistance level near $3 500. Long view void on a close below $3 200.
💡 Fundamental Analysis
● Fed Vice‑Chair Jefferson signalled rates are “sufficiently restrictive” amid cooling CPI base effects, pressuring real yields and the USD.
✨ Summary
Channel‑base rebound plus strong Asian demand and a dovish Fed backdrop support a short‑term long: targets $3 360 → $3 500; invalidate under $3 200.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
●
● Price is climbing within the rising‑channel mid‑band; reclaiming the black support level $3 360 should propel gold to the upper resistance level near $3 500. Long view void on a close below $3 200.
💡 Fundamental Analysis
● Fed Vice‑Chair Jefferson signalled rates are “sufficiently restrictive” amid cooling CPI base effects, pressuring real yields and the USD.
✨ Summary
Channel‑base rebound plus strong Asian demand and a dovish Fed backdrop support a short‑term long: targets $3 360 → $3 500; invalidate under $3 200.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
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🔻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.