Gold prices are holding firm above the key zone around $3,330/oz, showing resilience despite the market slowing down for the Easter holiday. While price action is currently sideways, the bullish momentum hasn't faded.
Ongoing geopolitical tensions, economic uncertainty, and U.S. trade policy shifts continue to fuel safe-haven demand for gold. For now, resistance stands near $3,353, with a solid support base forming around $3,300.
After a strong rally, gold may enter a brief phase of consolidation before building fresh momentum. The ideal approach? Watch for pullbacks to key areas like the EMA 34 or support zones — or wait for a clean breakout above resistance to jump in once the market regains full liquidity.
Stick with the trend, traders — and don’t forget to secure your trades with proper TP and SL. Stay sharp!
Ongoing geopolitical tensions, economic uncertainty, and U.S. trade policy shifts continue to fuel safe-haven demand for gold. For now, resistance stands near $3,353, with a solid support base forming around $3,300.
After a strong rally, gold may enter a brief phase of consolidation before building fresh momentum. The ideal approach? Watch for pullbacks to key areas like the EMA 34 or support zones — or wait for a clean breakout above resistance to jump in once the market regains full liquidity.
Stick with the trend, traders — and don’t forget to secure your trades with proper TP and SL. Stay sharp!
Trade active
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Trade closed: target reached
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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.
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.