GOLD HOLDS $2,900 – KEY LEVELS IN FOCUS
đ Market Overview:Gold stabilizes at $2,900, sustaining bullish momentum post-False Break from CPI data.
đș Higher rates add pressure but donât change the trend.đș Trade tensions support gold after U.S. hikes steel & aluminum tariffs.đș Investors watch for new U.S. tariff policies impacting sentiment.
đč Gold is back within the ascending price channel, favoring Buy setups at support levels and Sell Scalp trades at strong resistance zones.
đ Key Resistance & Support Levelsđč Resistance: 2917 - 2926 - 2936 - 2941đș Support: 2874 - 2860 - 2858
đž Trading Strategy for Asian & European Sessions
đą BUY SCALP: 2874 - 2872â SL: 2869â TP: 2878 - 2882 - 2886 - 2890 - 2895 - 2900
đą BUY ZONE (Longer-term hold): 2860 - 2858â SL: 2855â TP: 2864 - 2868 - 2872 - 2878 - 2882 - 2900
đŽ SELL SCALP: 2926 - 2928â SL: 2932â TP: 2922 - 2918 - 2914 - 2910 - 2905
đŽ SELL ZONE: 2940 - 2942â SL: 2946â TP: 2935 - 2930 - 2925 - 2920 - 2916 - 2912 - 2906
