Gold Trading Strategy for next Monday

24 Ogo

✅ 4-Hour Analysis
Gold has converted the previous key resistance zone of 3348–3350 into the primary support level, serving as the first line of defense for the bulls. Even if there is a brief intraday breakdown, it can be regarded as a technical adjustment. On the upside, close attention should be paid to the 3400 psychological level, which is the critical resistance that will determine whether the bullish trend can extend further.

✅ 1-Hour Analysis
The moving average system has formed a golden cross signal, indicating stronger short-term bullish momentum. Combined with Powell’s dovish remarks and rising expectations for a Fed rate cut, gold has risen as expected and successfully stabilized, further reinforcing the 3350 support level. Therefore, a short-term pullback toward this area could still provide buying opportunities.

🔴 Resistance Levels: 3390–3400
🟢 Support Levels: 3350–3355

24 Ogo

Dagangan aktif

✅ Trading Strategy Reference:
🔺 Long Position Strategy:
🔰Consider entering long positions in batches if gold pulls back to the 3355-3360 area. Target: 3375-3385；If resistance breaks, the move may extend to 3395.

🔻 Short Position Strategy:
🔰Consider entering short positions in batches if gold rebounds to the 3395-3400 area. Target: 3370-3360；If support breaks, the move may extend to 3350.

🔥Trading Reminder: Trading strategies are time-sensitive, and market conditions can change rapidly. Please adjust your trading plan based on real-time market conditions🤝