A short-term downtrend remains in place for gold. Yesterday the first selling target from resistance 3372 - 3360, i.e. 3310 level, was reached. Today the price is again trying to grow. However, as long as the quotes are below resistance (B) 3372 - 3360, the downtrend persists. The second selling target is the June low near 3248. To buy and change the trend, market participants need to break through the 3372 level. In this case, next week it will be possible to consider buying with the main target in the area of the upper target zone 3495 - 3473.


Trading decisions on XAUUSD for today:Hold part of sales near resistance (B) 3372 - 3360. TakeProfit: 3248. StopLoss: at breakeven.