Gold remains under pressure around the 3100 level, where previous trapped buyers are creating significant selling pressure. The heavier resistance zone lies between 3127–3146, so if you’re holding long positions, don’t be greedy — this is a crucial area to watch!
Tomorrow during the U.S. session, we’re expecting major economic data and headlines. The market will likely see high volatility, and instead of a clear one-way trend, there’s a higher chance of a two-way sweep (both up and down).
Trading Advice for Tomorrow:
Avoid chasing price or getting caught in emotional trades.
Control your position size — even if you end up holding during turbulence, a small and managed position won’t hurt you. You might even come out profitable.
But if you enter with full margin and no risk control, the result could be heavy losses or even blowing your account. This is my honest advice!
During the Asian and European sessions, the technical outlook favors short positions. Consider selling around the 3103–3123 zone, with support levels at:
3078 / 3066 / 3051 / 3027 / 3011
I will release updated strategies for the U.S. session tomorrow based on key data releases. Stay tuned and feel free to reach out if you have any questions.
XAUUSDGC1! As expected, there was a correction in gold, with the price falling back from 3099 to 3051, a correction of nearly 50$. Now it seems that it is very necessary to inform everyone in advance to pay attention to the risk of callback that may occur at any time. Now observe the support of 3055 and 3030 again, and consider whether to intervene again
XAUUSDGC1! tradingview.com/x/9YYW6RPH/ Gold has rebounded by $110 from today's lowest point of 2970, which is a very large range. We should pay attention to the risk of callbacks that may occur at any time, so don't rush into the market now. Even if I still want to trade, I will only wait for a callback to go long on gold again.
Opportunities are always there, but risks are big or small. We try to trade when the risk is small to control our winning rate!