📊 Technical Analysis
● Fresh rejection at the blue resistance line (~3 435) pushed XAU back to the 3 355 mid-band, yet successive higher-lows (green arrows) keep price inside the May-origin rising channel.
● The pullback is probing 3 328-3 355 — confluence of the former flag roof and triangle top; holding this zone should launch another test of 3 400/3 435, with the channel crest targeting 3 500.
💡 Fundamental Analysis
● U-S S&P-Global PMIs softened, nudging 2-yr real yields to three-week lows, while cautious ECB rhetoric limits dollar gains — both supportive for gold.
✨ Summary
Long 3 328-3 355; above that aims 3 400 ➜ 3 435, stretch 3 500. Invalidate on an H4 close below 3 293.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
● Fresh rejection at the blue resistance line (~3 435) pushed XAU back to the 3 355 mid-band, yet successive higher-lows (green arrows) keep price inside the May-origin rising channel.
● The pullback is probing 3 328-3 355 — confluence of the former flag roof and triangle top; holding this zone should launch another test of 3 400/3 435, with the channel crest targeting 3 500.
💡 Fundamental Analysis
● U-S S&P-Global PMIs softened, nudging 2-yr real yields to three-week lows, while cautious ECB rhetoric limits dollar gains — both supportive for gold.
✨ Summary
Long 3 328-3 355; above that aims 3 400 ➜ 3 435, stretch 3 500. Invalidate on an H4 close below 3 293.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.