๐ Gold (XAUUSD) โ Fundamental & Technical Analysis
๐ต๐ฐ Time: Now (1:48 PM Pakistan)
๐ Fundamental Insight
Safe-haven demand remains strong as geopolitical tensions escalate.
US dollar weakness is giving gold a boostโinvestors shifting into XAUUSD as an inflation hedge.
Gold ETF inflows continue, signaling institutional confidence.
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๐ Technical Setup
Resistance around $3,377 โ sellers were active near this zone.
Support holding at $3,342; current bounce shows bullish strength.
Pivot level at ~$3,363 โ acting as the inflection point for todayโs action.
Momentum/LRSI indicates neutral-to-bullish trend โ watch for breakout above pivot.
๐ฏ Trade Bias
Bullish scenario: If price holds above pivot ($3,363) โ expect push toward $3,377โ$3,385.
Bearish scenario: If price drops below $3,342 โ potential slide to $3,327โ$3,330.
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What To Do Now?
Swing traders: Buy on dip near $3,350โ$3,355 with tight stop-loss.
Scalpers: Monitor pivot breakouts above $3,363 / breakdowns below $3,342.
Set alerts on levels above โ market looks poised for a move.
๐ Caption for Binance Feed or Telegram
Fundamental + Technical Check: Gold staying buoyant on dollar softness and ETF inflows. Technically, the key is $3,363 pivot โ above that bullish, below support bears may test new lows. Act accordingly!
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