11
TWby u/thomas.wilson·2moAnalysis

Thoughts on Gold's recent consolidation around 2300

I've been watching $XAUUSD closely, and it seems to be holding pretty tight around the 2300 level. It feels like a key psychological and technical area; a sustained break below 2280 would definitely make me question the current bullish structure, but above 2300 I'm still leaning constructive. What are your thoughts?

2 comments · 11 points

2 Comments

KIu/kittipongthongchai·2mo

เห็นด้วยครับ 2300 เป็นแนวรับสำคัญจริงๆ ผมเองก็มองว่าถ้าหลุด 2280 อาจจะต้องทบทวนแผนใหม่ แต่ตราบใดที่ยังยืนเหนือ 2300 ได้ ก็ยังมองบวกอยู่ครับ

24
LIu/liammoreau·2mo

Seems like a reasonable read. I'd be more concerned with the broader economic signals than just the technicals around 2300; inflation data or rate hike prospects could easily invalidate any short-term support.

3

More like this