Fundamental Outlook:
Gold has recovered from prior losses, stabilizing on the back of renewed safe-haven demand amid escalating global trade tensions.
Analysts point to growing concerns over a broader U.S.-led trade war, which has pushed investors toward gold as a defensive asset. While President Trump has delayed the reimplementation of tariffs until August 1 to allow for negotiation, markets remain cautious, and volatility is expected to persist.
Technical Outlook:
Gold is currently trading above the pivot level at 3320, which has a consolidation within 3320 - 3342 range
Stability above 3342 would likely extend the rally toward 3365, with 3356 as an intermediate resistance.
However, a 1H candle close below 3320 could shift momentum back to bearish, targeting 3297 and 3281.
Support Levels: 3312 / 3297 / 3281
Resistance Levels: 3342 / 3356 / 3365
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。