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Bullish strategy around 3270 in US trading

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Gold prices (XAU/USD) once again came under selling pressure during the Asian session on Friday, falling back below $3,300 following a lackluster performance the day before. Gold prices are approaching a two-week low hit on Tuesday as investors await the release of the US personal consumption expenditures (PCE) price index. This key inflation indicator is expected to provide a new interpretation of the Fed's policy outlook and could significantly affect the direction of the US dollar (USD), ultimately determining the short-term direction of this non-yielding gold.

Selling pressure last weekend caused gold prices to fall below 3300, and today the selling pressure continued to fall

⭐️Set gold price:

🔥Sell gold area: 3326-3328 SL 3333
TP1: $3315
TP2: $3302
TP3: $3290🔥

Buy gold area: $3248-$3250 SL $3243
TP1: $3260
TP2: $3270
TP3: $3280⭐️

Feragatname

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