GOLD I let structure speak louder than emotions. No blind entries, no noise. Patience is my position I wait for price to align with my setup. I’m not here to chase candles. I’m here to catch moves.
XAUUSD Bearish Outlook Gold holds near $3,340 after heavy rejection from $3,425. If pressure continues, interest zones: 3,325 → 3,310 → 3,290. (Educational purposes only.)
Make sure to review our last XAUUSD insight which is still active. We shared our insight with a short bias due to:
1. Trade Deal Optimism Advances in U.S.–Japan and U.S.–EU trade discussions lessened worldwide uncertainty, decreasing demand for gold as a safe-haven.
2. Higher U.S. Yields Higher Treasury yields are rendering non-yielding assets such as gold less appealing, adding to downward pressure.
3. Technical & Profit-Taking Following a recent rally, gold was exposed to selling. Stop-loss and profit-taking triggers hastened the fall.
Remember, smart traders don’t chase. They prepare.
Until next week, have a great rest of the weekend!
XAUUSD Markets are closed, but a trader’s work never stops. Weekends are for reviewing performance, refining strategies, and preparing for the next move. Discipline off the charts leads to profits on the charts #roy105