Gold Strategy Update — Professional Trading InsightGold dipped to around 3290, then rebounded to 3310, followed by another pullback toward the 3290–3280 region and bounced again. This price action perfectly aligned with our forecast and trading plan.
👉 If you followed today's strategy, you should be in solid profit once again!
📍 Current Market Structure Analysis:
🔹 Gold is now hovering near 3300, which is a key resistance zone.
Our previously identified support area at 3306–3318–3324 has been broken and is now acting as resistance.
🔹 Among these levels:
3306 is a weaker resistance,
While the 3316–3323 zone is the main barrier to watch.
📊 Based on the 30-minute chart, bullish momentum appears limited:
If the price rebounds in a single leg, it is likely capped around 3318–3324,
→ With an 80%+ probability of a pullback from that zone. A reasonable short-term target would be 3312;
However, if gold builds a double bottom or multiple bottom structure, it may gather more strength,
→ And a broader rebound could reach 3332–3338.
📉 Bearish Structure Repair (2H Chart):
On the 2-hour chart, the previous bearish structure has been mostly corrected by the recent drop;
The next key factor is whether bulls can break above 3320 to confirm a reversal.
🟥 If bulls fail to break 3320 and price drops below 3280, it may open the door for bears to close the gap around 3259.
→ In that case, levels below 3266 will present excellent buy opportunities.
📊 Trading Summary:
Although market volatility has slightly decreased in recent days, there are still plenty of solid trading opportunities, and we continue to profit steadily.
✅ As long as you stick to a proven strategy, strong discipline, and flexible execution, you’ll find that no matter how the market moves, our profit curve will keep climbing.
