XAUUSD Trading Strategy for Today

Gold Market Update & Today's Trading Strategy

As I emphasized last week, the upward trend in gold is not yet over. However, by following my strategy and waiting for the rally to end, you can still capture profitable opportunities.

This week, the spotlight is on the cryptocurrency market, which has seen a wave of positive news. A large portion of market funds has flowed into cryptocurrencies, driving significant rallies in major coins. As a result, the gold market has stabilized, with resistance now forming around the 2710-2720 levels. This presents a favorable zone to initiate short positions.

XAUUSD Trading Strategy for Today:

Sell @ 2710-2720

TP 2700 / 2690 / 2680

I will send accurate trading signals every day. If you also need them, you can click the link below the article to get them.