Good afternoon everyone!
I just returned from a weekend trip and apologize for the late update today — thank you all for your patience and continued support!
Gold has shown mild downward movement in a one-sided consolidation pattern today. This is a technical pullback after reaching a key resistance zone, reflecting selling pressure at higher levels. Today is Memorial Day in the U.S., which explains the low volatility and reduced trading volume.
🔎 Technical Outlook:
Once gold reached around 3360, it entered a significant resistance zone. If bulls intend to maintain the current uptrend, then the support around 3272 will be a critical level during this pullback. Before that, we should also keep an eye on 3322, 3318, and 3298.
On the 2-hour chart, a bearish divergence has formed, which needs to be resolved, possibly through sideways consolidation or a further pullback.
🗞 Fundamental Outlook:
The news is relatively quiet today, but important economic data and speeches will begin tomorrow, which may trigger larger market moves.
📈 Today’s Trading Plan:
📉 Sell in the 3352–3368 zone (resistance area)
📈 Buy in the 3292–3272 zone (support zone)
🔁 Flexible intraday levels to watch:
3348 / 3332 / 3323 / 3312 / 3305 / 3296
Stay flexible and manage risk accordingly. If you have any questions or want to discuss your trading strategy, feel free to reach out. Wishing everyone a smooth and profitable session!
I just returned from a weekend trip and apologize for the late update today — thank you all for your patience and continued support!
Gold has shown mild downward movement in a one-sided consolidation pattern today. This is a technical pullback after reaching a key resistance zone, reflecting selling pressure at higher levels. Today is Memorial Day in the U.S., which explains the low volatility and reduced trading volume.
🔎 Technical Outlook:
Once gold reached around 3360, it entered a significant resistance zone. If bulls intend to maintain the current uptrend, then the support around 3272 will be a critical level during this pullback. Before that, we should also keep an eye on 3322, 3318, and 3298.
On the 2-hour chart, a bearish divergence has formed, which needs to be resolved, possibly through sideways consolidation or a further pullback.
🗞 Fundamental Outlook:
The news is relatively quiet today, but important economic data and speeches will begin tomorrow, which may trigger larger market moves.
📈 Today’s Trading Plan:
📉 Sell in the 3352–3368 zone (resistance area)
📈 Buy in the 3292–3272 zone (support zone)
🔁 Flexible intraday levels to watch:
3348 / 3332 / 3323 / 3312 / 3305 / 3296
Stay flexible and manage risk accordingly. If you have any questions or want to discuss your trading strategy, feel free to reach out. Wishing everyone a smooth and profitable session!
Dagangan aktif
Gold prices have shown a solid rebound, and both candlestick structure and technical indicators are pointing toward continued bullish momentum. This could be a great opportunity for those who know how to act decisively.🔍 Market Insight:
✅ Bullish signals remain strong, with room for another leg up.
✅ Set a protective stop-loss to lock in profits while allowing the trade to breathe.
✅ Not feeling greedy? Taking profits early is also a smart move —
💡 Because in trading, the right choice is the one that puts profits in your pocket.
🎯 Pro Strategy Tips
Already in long positions? Hold with confidence, but stay flexible.
I’ve created a channel where I’ll be posting market analysis and trading signals.
Feel free to join—it makes it easier to follow updates, and you can also contact me directly if you have any questions.
t.me/+h6RM5RdP6X9hNmI8
Feel free to join—it makes it easier to follow updates, and you can also contact me directly if you have any questions.
t.me/+h6RM5RdP6X9hNmI8
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.
I’ve created a channel where I’ll be posting market analysis and trading signals.
Feel free to join—it makes it easier to follow updates, and you can also contact me directly if you have any questions.
t.me/+h6RM5RdP6X9hNmI8
Feel free to join—it makes it easier to follow updates, and you can also contact me directly if you have any questions.
t.me/+h6RM5RdP6X9hNmI8
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.