Summary:
Gold is currently showing signs of high-level consolidation. The primary strategy remains buying on pullbacks to support. Keep a close eye on the 3450–3452 resistance zone — if price fails to break above, shorting from that area offers good risk-reward. If it breaks and holds, bulls may push toward the 3393 target. On the downside, key supports are at 3310, 3285, and 3245. Stay flexible and reactive to how price behaves around these key levels. Avoid oversized positions and focus on risk control.
🔍 Key Levels to Watch:
• 3400 – Psychological level
• 3393 – Resistance
• 3380 – Resistance
• 3370 – Key resistance
• 3350 – Midpoint
• 3344 – Key support
• 3330 – Key support
• 3310 – Support
• 3300 – Psychological support
📈 Intraday Strategy:
• SELL if price breaks below 3349 → target 3344, then 3340, 3334, 3330
• BUY if price holds above 3360 → target 3365, then 3370, 3375, 3380
👉 If you’d like to learn how I time my entries and place stop-losses, give this post a like — if there's enough interest, I might publish a dedicated post on it soon!
Disclaimer: This is my personal opinion, not financial advice. Always trade with proper risk management.
Gold is currently showing signs of high-level consolidation. The primary strategy remains buying on pullbacks to support. Keep a close eye on the 3450–3452 resistance zone — if price fails to break above, shorting from that area offers good risk-reward. If it breaks and holds, bulls may push toward the 3393 target. On the downside, key supports are at 3310, 3285, and 3245. Stay flexible and reactive to how price behaves around these key levels. Avoid oversized positions and focus on risk control.
🔍 Key Levels to Watch:
• 3400 – Psychological level
• 3393 – Resistance
• 3380 – Resistance
• 3370 – Key resistance
• 3350 – Midpoint
• 3344 – Key support
• 3330 – Key support
• 3310 – Support
• 3300 – Psychological support
📈 Intraday Strategy:
• SELL if price breaks below 3349 → target 3344, then 3340, 3334, 3330
• BUY if price holds above 3360 → target 3365, then 3370, 3375, 3380
👉 If you’d like to learn how I time my entries and place stop-losses, give this post a like — if there's enough interest, I might publish a dedicated post on it soon!
Disclaimer: This is my personal opinion, not financial advice. Always trade with proper risk management.
Note
Asian session outlook: Look to buy on pullbacks to support — already missed the entry at 3360.If price holds above 3370, consider going long. Watch 3375 first, then monitor 3380, 3385, and 3393 for potential extensions.
However, if price drops below 3360, the current buy-on-dip idea will need to be reconsidered.
Note
3371 enter 3368 SL target 3375Trade active
trim some profit and move the SL to 3370Note
trim at 3373Trade closed: stop reached
SL hit, barely BE for this tradeNote
Short-Term (15m) Trading Strategy:• SELL if price breaks below 3367 → watch 3365, then target 3360, 3355, 3350
• BUY if price holds above 3370 → watch 3375, then target 3380, 3385, 3393
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.