📊 Market Overview:
Gold is undergoing a corrective decline as market sentiment remains cautious, with major equity indices such as the S&P 500 and Nasdaq trading lower amid short-term profit-taking. Meanwhile, the U.S. Dollar continues to hold firm, keeping pressure on gold and limiting its ability to break above key resistance levels.
📉 Technical Analysis:
• Key Resistance: $3,988 (around the 9-period SMA) and $4,000.
• Nearest Support: $3,959 (recent low) and $3,940.
• EMA: Price remains below the 9 EMA ($3,978), indicating that the short-term trend remains bearish.
• Candlestick / Volume / Momentum: RSI is currently at 37.86, below the 40 level, suggesting bearish momentum continues to dominate. There are no clear signs of a bullish reversal on the lower timeframes yet.
📌 Outlook:
Gold is likely to extend its short-term decline unless it can close above the $3,978 level (9 EMA).
💡 Suggested Trading Strategy:
🔻 SELL XAU/USD: 3,970 – 3,975
🎯 TP: 40 / 80 / 200 pips
❌ SL: $3,978
🔺 BUY XAU/USD: 3,950 – 3,955
🎯 TP: 40 / 80 / 200 pips
❌ SL: $3,947
免責事項：本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。
