GOLD → Trading strategy for 500 Pips

Hello dear traders, let's discuss and plan our gold trading strategy for today together!

Currently, gold is trading around $2913 and performing well within the 1-hour upward channel.

The main reason for this price increase is market sentiment, as Trump's tariff policies could potentially trigger a trade war. Additionally, the cryptocurrency market is in crisis, causing investors to seek safe-haven assets like gold. Furthermore, strong gold buying pressure from Asian countries at the start of the year is also driving demand.

As shown on the 1-hour chart, gold remains above the EMA 34, 89 lines, confirming a strong bullish trend. Despite positive CPI data for currencies, gold's strong recovery signals that buying pressure has returned.
In the short term, we continue to prioritize buy-on-dip strategies :)

BUY zones to watch:
2875 - 2880
2850 - 2855
2830 - 2835