The current key support level below is the low point of the rebound on Thursday night at the 3,288-3,293 level. If this level is broken at any time next week, the gold price may officially start a correction. At the opening of next Monday, focus on the support level at 3,310-3,315. Pay attention to the short-term high at 3,340-3,345 above. A break above 3,345 will accelerate the rebound to the historical high near 3,357. Be cautious about chasing long positions at high levels.
If the tariff conflict is alleviated next week, gold is unlikely to break through its high again in the short term and will most likely remain in a range-bound oscillation. The operational advice is to go long on pullbacks, with a target of 3,340-3,345. If the position is broken, continue to hold.
XAUUSD trading strategy
buy @ 3210-3215
sl 3180
tp 3235-3240
If you approve of my analysis, you can give it a thumbs-up as support. If you have different opinions, you can leave your thoughts in the comments.
If the tariff conflict is alleviated next week, gold is unlikely to break through its high again in the short term and will most likely remain in a range-bound oscillation. The operational advice is to go long on pullbacks, with a target of 3,340-3,345. If the position is broken, continue to hold.
XAUUSD trading strategy
buy @ 3210-3215
sl 3180
tp 3235-3240
If you approve of my analysis, you can give it a thumbs-up as support. If you have different opinions, you can leave your thoughts in the comments.
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Join my free Telegram channel right away and achieve financial freedom.
👉👉👉 t.me/+xZQ4ipz0cXc1ZjU0
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.