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SCCrudeDrops6.01%
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$XAU Market Bias: 🟢 Bullish (Cautiously Positive) Gold is trading stronger today after gaining support from a weaker US dollar and falling oil prices. Traders are waiting for key U.S. employment data, so volatility may increase later in the session. � Reuters +1 Technical Outlook Trend: Bullish above intraday support. Resistance: Recent highs are the first area to watch. A clean breakout could extend the rally. Support: If price pulls back and holds above support, buyers may step in again. Trading Scenarios 🟢 Buy Scenario Wait for a pullback to support or a confirmed breakout above resistance. Avoid chasing large green candles. 🔴 Sell Scenario Consider sells only if price is rejected strongly at resistance and breaks below intraday support with confirmation. Overall View Bias: 70% Bullish / 30% Bearish Gold currently favors buyers, but major U.S. economic data later today could quickly change market direction. Manage risk carefully and wait for confirmation before entering trades. � Reuters #SCCrudeDrops6.01% #USMilitarySaysHormuzStraitOpen #GoldRisesForThirdDay
IrfanAfridi 123
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SKHynixClimbsOnBuybackBet
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USMilitarySaysHormuzStraitOpen
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