Today, gold rallied up to 3380, then retraced to retest the 1H MA60 (around 3340),
before making another strong upward breakout, surpassing the earlier Asian session high.
📌 This upward move was driven by a combination of key factors:
🔸 Trump’s announcement of new tariffs to be imposed within two weeks
🔸 Rising geopolitical tensions in the Middle East, fueling safe-haven demand
🔸 A weaker-than-expected CPI yesterday
🔸 And an upcoming PPI release later today
📉 Current Price Outlook:
🔺 Strong resistance at 3392, closely watched
🔺 Next resistance zone: 3403–3414
🔻 Key support zones: 3360–3350
⚠️ Also note: the 3289 price gap remains unfilled,
which means downside risks haven’t been fully eliminated — avoid chasing rallies blindly!
✅ Trading Strategy:
Stick with the approach:
📌 Buy near key support, sell near known resistance
📌 Stay alert for news-driven bull traps, and manage risk wisely
before making another strong upward breakout, surpassing the earlier Asian session high.
📌 This upward move was driven by a combination of key factors:
🔸 Trump’s announcement of new tariffs to be imposed within two weeks
🔸 Rising geopolitical tensions in the Middle East, fueling safe-haven demand
🔸 A weaker-than-expected CPI yesterday
🔸 And an upcoming PPI release later today
📉 Current Price Outlook:
🔺 Strong resistance at 3392, closely watched
🔺 Next resistance zone: 3403–3414
🔻 Key support zones: 3360–3350
⚠️ Also note: the 3289 price gap remains unfilled,
which means downside risks haven’t been fully eliminated — avoid chasing rallies blindly!
✅ Trading Strategy:
Stick with the approach:
📌 Buy near key support, sell near known resistance
📌 Stay alert for news-driven bull traps, and manage risk wisely
Want live data interpretations and precise trade signals?
DM me for real-time strategy support, risk management, and technical insights.
✅ Trade smart. Stay disciplined. Profit consistently.
t.me/+3slQbdahSmJmOTE0
DM me for real-time strategy support, risk management, and technical insights.
✅ Trade smart. Stay disciplined. Profit consistently.
t.me/+3slQbdahSmJmOTE0
Penerbitan berkaitan
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.
Want live data interpretations and precise trade signals?
DM me for real-time strategy support, risk management, and technical insights.
✅ Trade smart. Stay disciplined. Profit consistently.
t.me/+3slQbdahSmJmOTE0
DM me for real-time strategy support, risk management, and technical insights.
✅ Trade smart. Stay disciplined. Profit consistently.
t.me/+3slQbdahSmJmOTE0
Penerbitan berkaitan
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.