Good afternoon everyone!
Yesterday, gold fluctuated within the flexible trading zone, and we only executed a long entry near 3323, which brought decent profit.
Today, gold opened with an upward move toward 3350, but quickly pulled back. The recent market shows a sideways consolidation, with the $3340 level acting as a key pivot zone:
Below 3340: dense support areas
Above 3340: resistance clusters
In this context, any breakout without strong momentum can easily lead to capital flow shifts, causing false breakouts or rapid pullbacks, making trend continuation more difficult.
📉 Technical View:
On the 30M chart, bearish momentum slightly outweighs bullish, and gold is likely to remain range-bound within the zone defined yesterday.
🗞 Fundamental Reminder:
There are a few important U.S. economic releases during the NY session. Watch closely to see if they provide a clear directional push.
📈 Today’s Trading Plan:
📉 Sell in the 3366–3386 zone (resistance area)
📈 Buy in the 3278–3256 zone (support zone)
🔁 Flexible intraday levels to monitor:
3353 / 3341 / 3334 / 3317 / 3309 / 3296 / 3284
Trade with flexibility, beware of fake breakouts, and focus on NY session data-driven opportunities. Let me know if you have questions — good luck and happy trading!
Yesterday, gold fluctuated within the flexible trading zone, and we only executed a long entry near 3323, which brought decent profit.
Today, gold opened with an upward move toward 3350, but quickly pulled back. The recent market shows a sideways consolidation, with the $3340 level acting as a key pivot zone:
Below 3340: dense support areas
Above 3340: resistance clusters
In this context, any breakout without strong momentum can easily lead to capital flow shifts, causing false breakouts or rapid pullbacks, making trend continuation more difficult.
📉 Technical View:
On the 30M chart, bearish momentum slightly outweighs bullish, and gold is likely to remain range-bound within the zone defined yesterday.
🗞 Fundamental Reminder:
There are a few important U.S. economic releases during the NY session. Watch closely to see if they provide a clear directional push.
📈 Today’s Trading Plan:
📉 Sell in the 3366–3386 zone (resistance area)
📈 Buy in the 3278–3256 zone (support zone)
🔁 Flexible intraday levels to monitor:
3353 / 3341 / 3334 / 3317 / 3309 / 3296 / 3284
Trade with flexibility, beware of fake breakouts, and focus on NY session data-driven opportunities. Let me know if you have questions — good luck and happy trading!
Nota
During the decline, pay close attention to the support area around 3316–3309.
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
Pubblicazioni correlate
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.
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
Pubblicazioni correlate
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.