DeGRAM | GOLD correction from the resistance line

5 天前

📊 Technical Analysis
● Repeated rejections at the channel mid-band (3 346) and the higher swing-highs marked by red arrows form a descending wedge inside the bigger rising channel.
● Price has slipped back under the intraday up-trend and is tracking a fresh 30 m falling channel; a close below 3 328 completes the bear setup and points to the lower channel rail / former bounce base at 3 296.

💡 Fundamental Analysis
● US retail-sales surprise (+0.5 % m/m) lifted 2-yr Treasury yields while Fed’s Daly warned “inflation progress isn’t enough”, reviving dollar demand and capping bullion.

✨ Summary
Short 3 340-3 345; sustained trade beneath 3 328 opens 3 296 → 3 255. Thesis void on a 30 m close above 3 355.

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3 天前

交易結束：目標達成

GOLD reached its support level shortly after publication.