Gold surged yesterday with aggressive bullish momentum, tagging into the 3725 BFH level. Price is consolidating just beneath it as we head into Tuesday’s London and NY sessions.
Upside: Break and hold above 3725 opens the door toward 3750+.
Downside: Rejection at 3725 + breakdown through 3700 could shift structure, with targets at 3680 and 3662.
CPI & Unemployment data in the NY session may provide the catalyst.
📌 Patience until reaction confirms — 3725 is the key battleground.
Upside: Break and hold above 3725 opens the door toward 3750+.
Downside: Rejection at 3725 + breakdown through 3700 could shift structure, with targets at 3680 and 3662.
CPI & Unemployment data in the NY session may provide the catalyst.
📌 Patience until reaction confirms — 3725 is the key battleground.
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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.