Price has entered the key support zone at 23–19.5–17.5, where a lasting bottom might be established.
Chart:
Chart (Weekly):
See our broader analysis on gold and
GDX:
https://www.tradingview.com/chart/XAUUSD/e8bPiIT5-Gold-The-Time-AND-Price-Window-for-a-Major-Bottom/
Chart:
Chart (Weekly):
See our broader analysis on gold and
GDX: https://www.tradingview.com/chart/XAUUSD/e8bPiIT5-Gold-The-Time-AND-Price-Window-for-a-Major-Bottom/
Trade active
Yesterday’s move marked a clear start to the swing advance from the macro support zone highlighted in our June update.As long as price continues to close above yesterday’s low, we expect upside momentum to gain traction, targeting the 23, 25 and 27 resistance levels in the coming weeks.
Chart:
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Swing-trading ideas, market analytics & asset requests
2026 Equities +90.70R | Crypto +11.37R
Closed trades: belfed.com/
14-day free trial (no card): t.me/BelfedBot
Free 🇺🇸 t.me/BelFedFreeEN | 🇷🇺 t.me/BelFedFreeRU
2026 Equities +90.70R | Crypto +11.37R
Closed trades: belfed.com/
14-day free trial (no card): t.me/BelfedBot
Free 🇺🇸 t.me/BelFedFreeEN | 🇷🇺 t.me/BelFedFreeRU
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.