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Читать полностью…XAUUSD SELL NOW again @ 3330.350
SL @ 3336.586
TP1 @ 3318.000
TP2 @ 3305.000
TP3 @ 3280.000
👑 Ideas For #XAUUSD / #GOLD
📈 Readiness to test the local bottom
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GOLD is under pressure from the rising dollar and uncertainty, breaking through support levels, which opens up a corridor for the market to fall to 3255 - 3246
The price of gold is consolidating around $3300 after falling more than 1% amid expectations of the Fed minutes and news about tariffs.
Investors remain cautious: the dollar is supported by hopes for US trade deals, while the threat of new tariffs from August 1 is holding back gold's growth.
Weak inflation data in China did not support the metal, while expectations that the Fed will not rush to cut rates due to inflationary pressure from tariffs are also limiting interest in gold. Traders are waiting for the Fed minutes and new statements from Trump to determine the further direction.
Technically, the market looks weak (on D1, the price closed below the key level of 3300 on Tuesday) and there is a chance of a further decline.
Resistance levels: 3300, 3311
Support levels: 3295, 3255, 3246
Consolidation below 3295-3300 could trigger a further decline to 3255, from which the market could react with a correction.
Buying can be considered if gold reverses the short scenario, manages to strengthen to 3311, and consolidates above this level. At the moment, the price is in the selling zone...
XAUUSD win streak started in
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tp @ 0.60820
Sl @ 0.50570
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Читать полностью…XAUUSD TP1 HIT UPDATE ✅✅
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Читать полностью…XAUUSD Buy limit 3330.7
Tp 3345
Tp 3365
Sl 3326
👑 Ideas For #XAUUSD / #GOLD
📈 Buyers are hesitant due to new tariffs
———————————————
GOLD continues its correction phase after updating local highs and breaking through trend resistance. The dollar is making traders nervous...
After rising 2% last week, gold started Monday with a decline to $3,300 amid a stronger dollar due to the risk of new tariffs from Trump, who sent letters to 12 countries threatening to impose duties of up to 70% if no agreements are reached by July 9. This boosted demand for the dollar as a safe-haven asset.
Gold is also under pressure from strong US employment data, which has dampened expectations of a rate cut. The market is focused on news on tariffs and the publication of the Fed minutes on Wednesday, which may clarify the outlook for monetary policy.
Technically, the correction may end in the 0.7 Fibonacci zone, in the range of 3295-3300. After the formation of a reversal pattern, the market may strengthen to 3350-3360.
Resistance levels: 3315, 3344, 3358
Support levels: 3300, 3295
Locally, the price is trying to consolidate below the range, which could lead to a decline to 3300-3295. If, during the correction from support, the market manages to consolidate above 3315, we can expect growth. Otherwise, a weak reaction at 3295 could lead to a retest of 3275 and consolidation in the selling zone, which could lead to a further decline to 3245.
BUT! We are closely monitoring the position of the US and Trump on tariffs, as he is once again issuing ultimatums to countries, to which the markets are reacting
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Читать полностью…XAUUSD buy now @ 3333.6
tp @ 3343
tp 2 open
Sl @ 3330.5
GBPUSD Buy now @ 1.36530
tp @ 1.36800
Sl @ 1.36460
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