#XAUUSD#GOLD
In short-term trading, if gold rebounds to 4360-4380, I would first consider shorting gold;
If gold enters a consolidation and correction phase during the pullback, we can consider a small long position in gold in the 4310-4290 range.
#XAUUSD#GOLD
If gold reaches the resistance zone of 4350-4370, I think we can consider a sell order, with a stop loss above 4380 and targets of 4330, 4300, and 4280.
If gold can hold above 4380, there is a high probability of an upward trend forming.
This is my current thinking; I hope it helps.
#XAUUSD#gold
In the short term, we should focus on the resistance level of 4350-4365 and the support level of 4300-4320. The trading strategy is to sell on rallies. Specific trading strategies will be provided during trading hours; please pay close attention.
Gold Trading Strategy:
1. Sell gold at 4350, add to the short position at 4365-4375, stop loss at 4385, target 4280-4290, and if it breaks through, look for 4270.
#XAUUSD#gold
Currently, the minor resistance level for gold is at 4320. As long as it doesn't break through 4320, we can continue selling below that level. Support is around 4250; a break below 4250 would indicate further declines.
On the first touch of 4250, a small buy position can be initiated, with targets at 4260-4280-4300.
This is my latest thinking. If you like it, please like and follow.
Good Morning Monday🌞
Here is a quick update on the $XAUUSD
Currently, there is low volume in the market, and everyone is looking for a retracement. Retail traders, be safe. SL hunting is possible if you are looking for a buying opportunity.
In-depth:- https://t.co/i9lA6ndZax
Major levels 4293.19 | 4372.76
Let's see how the price will move.
Good Luck.
#XAUUSD #GoldTrading
#XAUUSD#Gold has broken below a key support zone that previously acted as a strong floor for price. With support now turning into potential resistance, sellers remain in control unless a decisive reclaim occurs.
The 4320-4340 area is gradually forming resistance, and we can sell in this area, with targets at 4300, 4280, and 4250.
The upper resistance area is 4360-4380.
This is my idea; I hope it helps you.
#XAUUSD - 15-Minute Technical Analysis
Entry Area: 4315–4320
Target Levels: 4340-4360-4380
If the price holds above the 4310 support level, buyers will gain stronger control.
If the closing price clearly breaks below 4295, the bullish pattern will be invalidated and could trigger further downward momentum.
#GOLD
This morning, I was accompanied by @UGMParty officials and aspirants for fellowship at CITAM Buruburu.
Elder George Nganga's message on guarding the covenant was a reminder that the commitments we make in life require faithfulness, discipline, and integrity.
The values that strengthen families are the same values that strengthen nations.
I thank Rev. Ken Isige and the congregation for their warm welcome.
#Ukombozi