Summary:
Gold is currently in a sideways-to-bullish structure. Strong resistance remains around 3440–3450; if this level fails to break, it offers a high-probability shorting opportunity. Near-term focus is on the 3350 support level — if it breaks, bearish momentum may pick up and selling the pullback becomes ideal. If 3350 holds, consider buying the dip and targeting a test of 3375. Stay flexible and responsive to price action at key levels. Manage risk accordingly.
📍 Key Levels to Watch:
• 3400 – Resistance
• 3384 – Resistance
• 3375 – Key resistance
• 3365 – Resistance
• 3350 – Psychological level
• 3345 – Support
• 3334 – Key support
• 3323 – Support
• 3310 – Support
📈 Intraday Strategy
SELL if price breaks below 3350 → target 3340, then 3334, 3323, 3315
BUY if price holds above 3365 → target 3370, then 3375, 3384, 3394
👉 If you find this helpful or traded using this plan, a like would mean a lot and keep me motivated. Thanks for the support!
Disclaimer: This is my personal view, not financial advice. Always use proper risk control.
Gold is currently in a sideways-to-bullish structure. Strong resistance remains around 3440–3450; if this level fails to break, it offers a high-probability shorting opportunity. Near-term focus is on the 3350 support level — if it breaks, bearish momentum may pick up and selling the pullback becomes ideal. If 3350 holds, consider buying the dip and targeting a test of 3375. Stay flexible and responsive to price action at key levels. Manage risk accordingly.
📍 Key Levels to Watch:
• 3400 – Resistance
• 3384 – Resistance
• 3375 – Key resistance
• 3365 – Resistance
• 3350 – Psychological level
• 3345 – Support
• 3334 – Key support
• 3323 – Support
• 3310 – Support
📈 Intraday Strategy
SELL if price breaks below 3350 → target 3340, then 3334, 3323, 3315
BUY if price holds above 3365 → target 3370, then 3375, 3384, 3394
👉 If you find this helpful or traded using this plan, a like would mean a lot and keep me motivated. Thanks for the support!
Disclaimer: This is my personal view, not financial advice. Always use proper risk control.
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.
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.