Gold Spot / U.S. Dollar
Long
Updated

Gold: Stabilized at 3700? New Week's Upside and Pullback Tips

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The gold price has broken through the 3700 level for the third time 📈. Although there have been multiple pullbacks during this period, it has never fallen below the critical support range of 3600-3625 🔒, and the current selling pressure in the market has eased significantly.
Looking ahead to the new week, gold is expected to continue its steady upward trend. If it can stabilize above 3700 this time, the subsequent upward space can further target the 3730-3750 range; however, caution is needed: if the short-term rise is too fast, it may once again trigger profit-taking selling, leading to a gold price correction. In the event of such a correction, the 3640-3660 range will be a relatively safe entry level for buying on dips ✅

Buy 3680 - 3690
TP 3700 - 3720 - 3730

Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
Trade active
Gold has now broken through the 3730 resistance level 🚀, and the upward trend is expected to continue toward 3750 🎯
Trade closed: target reached
We’ve secured profits successfully once again 📈, and you may now choose to TP 💰
Note
The 3750 resistance level that failed to break through yesterday was breached very easily today 📈. Next, we need to pay attention to a pullback in gold ⚠️. Currently, the probability of it continuing to rise directly to around 3780 is relatively low; it is highly likely to pull back further to around 3720-3730 first, then resume its upward movement
Note
Gold continues to rally and has now broken above 3790 🚀. This is a moment to exercise caution—under no circumstances should you chase longs at these elevated levels ⚠️, as a sharp pullback could occur at any time 📉

If you’ve locked in sufficient profits today, consider reducing your long position size 😌. While our overall bullish bias remains unchanged for now ✅, it’s crucial to stay alert to potential capital washouts 🔍, which could trigger an abrupt and significant pullback in gold prices 📊
Note
We’ve once again predicted this pullback—and we already stated in this morning’s strategy that we would stop going long around 3780
Go long on pullbacks; avoid chasing highs

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