Current Price: $3,357.32
Support Zone (Demand Block): ~$3,342 – $3,347
Resistance Zones:
$3,367.91
$3,374.56
$3,393.61
$3,402.80
Pine Script®
✅ Bullish Drivers:
U.S. Dollar Weakness:
Recent Fed tone has shifted slightly dovish amid slowing inflation numbers. This weakens USD and supports gold.
Central Bank Demand:
Global central banks (especially in Asia & emerging markets) continue adding to gold reserves in response to geopolitical tensions.
Geopolitical Risks:
Ongoing U.S.–China tensions
Russian sanctions & Ukraine conflict
Middle East uncertainty
All contribute to risk-hedging demand for gold.
Real Yields & Inflation Expectations:
Real U.S. yields remain volatile. If bond yields soften or inflation persists, gold remains attractive as a hedge.
📦 Tariff & Macro Trade Factors
China-U.S. Trade Tensions (2025):
There are renewed talks of higher tariffs on Chinese EVs and tech imports. This may slow growth and increase safe-haven flows into gold.
Global Growth Concerns:
IMF has revised global GDP forecasts downward for Q3 2025, boosting gold's appeal as a defensive asset.
Trade Setup Idea (Next Week):
Buy Limit Entry: $3,345 – $3,348 (on retest of demand zone)
Stop Loss: Below $3,322
Take Profit 1 (TP1): $3,368
Take Profit 2 (TP2): $3,393
Take Profit 3 (TP3): $3,402 – $3,410
Risk/Reward: Approx 1:3+
Support Zone (Demand Block): ~$3,342 – $3,347
Resistance Zones:
$3,367.91
$3,374.56
$3,393.61
$3,402.80
Fundamental Analysis
✅ Bullish Drivers:
U.S. Dollar Weakness:
Recent Fed tone has shifted slightly dovish amid slowing inflation numbers. This weakens USD and supports gold.
Central Bank Demand:
Global central banks (especially in Asia & emerging markets) continue adding to gold reserves in response to geopolitical tensions.
Geopolitical Risks:
Ongoing U.S.–China tensions
Russian sanctions & Ukraine conflict
Middle East uncertainty
All contribute to risk-hedging demand for gold.
Real Yields & Inflation Expectations:
Real U.S. yields remain volatile. If bond yields soften or inflation persists, gold remains attractive as a hedge.
📦 Tariff & Macro Trade Factors
China-U.S. Trade Tensions (2025):
There are renewed talks of higher tariffs on Chinese EVs and tech imports. This may slow growth and increase safe-haven flows into gold.
Global Growth Concerns:
IMF has revised global GDP forecasts downward for Q3 2025, boosting gold's appeal as a defensive asset.
Trade Setup Idea (Next Week):
Buy Limit Entry: $3,345 – $3,348 (on retest of demand zone)
Stop Loss: Below $3,322
Take Profit 1 (TP1): $3,368
Take Profit 2 (TP2): $3,393
Take Profit 3 (TP3): $3,402 – $3,410
Risk/Reward: Approx 1:3+
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.