Gold continues to strengthen as renewed tariff threats from the US and escalating geopolitical risks weigh on market sentiment. Although markets have grown somewhat desensitized to former President Trump's recurring trade rhetoric, concerns remain that any potential resolution could be delayed, maintaining risk-off flows.
📊 Technical Outlook:
As long as price holds above key support, bullish momentum is expected to continue A 1H candle close above 3342 will confirm bullish continuation Targets will be 3380 / 3395.
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📊 Technical Outlook:
As long as price holds above key support, bullish momentum is expected to continue A 1H candle close above 3342 will confirm bullish continuation Targets will be 3380 / 3395.
If you like this idea, if you have any feedback about it, please share it in the comments. We need your support.
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Gold prices are rising in early trading today, supported by mounting concerns over a potential global economic slowdown. The escalation of trade tensions has reignited fears in financial markets, prompting investors to turn to gold as a traditional safe-haven asset and defensive hedge.
🧭 Technical Outlook:
Gold remains in a bullish trend as long as it trades above 3365. The next potential upside target is 3400.
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✅My Free Signals
t.me/addlist/UkeZgBhHMpowODA0
✅Join my Telegram Channel
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t.me/addlist/UkeZgBhHMpowODA0
✅Join my Telegram Channel
t.me/Trade_With_Kb1
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.