I. Market Trends and Sentiment Analysis
Driven by the U.S. military intervention in the Middle East conflict, gold exhibited violent fluctuations of "gap-up opening followed by rapid correction" in early trading:
- Price Performance: After gapping up to $3,395/oz, the intraday maximum decline approached $50, hitting a low of $3,347 and currently trading around $3,355—reflecting intense battles between bulls and bears at key levels.
- Sentiment Drivers: While risk aversion boosted safe-haven demand, short-term corrections were jointly triggered by profit-taking from prior long positions and institutional market-washing maneuvers. Note that the weekly "bull-bear alternating" volatility pattern remains intact, with no unilateral trend established yet.
II. Technical Key Levels and Trend Qualification
1. Support & Resistance Structure
- Strong Support: $3,340–$3,350 range (confluence of May’s low and 60-day moving average), a bottom platform tested three times in the past two weeks with robust buying support.
- Short-term Resistance: $3,375–$3,380 (lower edge of the early gap + 4-hour Bollinger Band midline), with a breakthrough targeting the $3,400 psychological level.
2. Cycle Pattern Analysis
- Weekly Frame: Two consecutive weeks of alternating bull/bear candlesticks, with RSI anchored in the 50–60 neutral zone, indicating ongoing tug-of-war between long/short forces.
- Daily Frame: Today’s correction held above the prior low of $3,340, forming a "long lower-shadow bearish candlestick"—signaling active buying at lows and suggesting the correction may be nearing conclusion.
III. Trading Strategy: Capitalize on Correction Entries
- Entry Zone: Layered long positions at $3,340–$3,350, with $3,340 as the invalidation stop (shift to neutral if breached).
- Target Levels: Initial target at $3,375–$3,380 (short-term profit-taking), with a break above eyeing $3,400 (mid-to-long-term target).
- Trading Logic: Support validity + weekly range-bound bullish bias, with corrections viewed as benign within the broader trend.
IV. Risk Controls & Operational Notes
- No Chasing Shorts: The current correction is a technical retracement within the uptrend; chasing shorts risks falling into a "bear trap".
- Dynamic Monitoring: Closely track the $3,340 support threshold and evolving Middle East developments.
XAUUSD
buy@3340-3350
tp:3365-3375
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
Driven by the U.S. military intervention in the Middle East conflict, gold exhibited violent fluctuations of "gap-up opening followed by rapid correction" in early trading:
- Price Performance: After gapping up to $3,395/oz, the intraday maximum decline approached $50, hitting a low of $3,347 and currently trading around $3,355—reflecting intense battles between bulls and bears at key levels.
- Sentiment Drivers: While risk aversion boosted safe-haven demand, short-term corrections were jointly triggered by profit-taking from prior long positions and institutional market-washing maneuvers. Note that the weekly "bull-bear alternating" volatility pattern remains intact, with no unilateral trend established yet.
II. Technical Key Levels and Trend Qualification
1. Support & Resistance Structure
- Strong Support: $3,340–$3,350 range (confluence of May’s low and 60-day moving average), a bottom platform tested three times in the past two weeks with robust buying support.
- Short-term Resistance: $3,375–$3,380 (lower edge of the early gap + 4-hour Bollinger Band midline), with a breakthrough targeting the $3,400 psychological level.
2. Cycle Pattern Analysis
- Weekly Frame: Two consecutive weeks of alternating bull/bear candlesticks, with RSI anchored in the 50–60 neutral zone, indicating ongoing tug-of-war between long/short forces.
- Daily Frame: Today’s correction held above the prior low of $3,340, forming a "long lower-shadow bearish candlestick"—signaling active buying at lows and suggesting the correction may be nearing conclusion.
III. Trading Strategy: Capitalize on Correction Entries
- Entry Zone: Layered long positions at $3,340–$3,350, with $3,340 as the invalidation stop (shift to neutral if breached).
- Target Levels: Initial target at $3,375–$3,380 (short-term profit-taking), with a break above eyeing $3,400 (mid-to-long-term target).
- Trading Logic: Support validity + weekly range-bound bullish bias, with corrections viewed as benign within the broader trend.
IV. Risk Controls & Operational Notes
- No Chasing Shorts: The current correction is a technical retracement within the uptrend; chasing shorts risks falling into a "bear trap".
- Dynamic Monitoring: Closely track the $3,340 support threshold and evolving Middle East developments.
XAUUSD
buy@3340-3350
tp:3365-3375
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
We share various trading signals every day, with an accuracy rate of over 90%.
Fans who follow us can obtain high returns every day.
If you have any questions, please feel free to contact me.
t.me/+tI1juADoiflkM2U0
Fans who follow us can obtain high returns every day.
If you have any questions, please feel free to contact me.
t.me/+tI1juADoiflkM2U0
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
We share various trading signals every day, with an accuracy rate of over 90%.
Fans who follow us can obtain high returns every day.
If you have any questions, please feel free to contact me.
t.me/+tI1juADoiflkM2U0
Fans who follow us can obtain high returns every day.
If you have any questions, please feel free to contact me.
t.me/+tI1juADoiflkM2U0
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.