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Technical OutlookGold is currently trading inside a descending channel and has reached the midline, which is acting as dynamic resistance.📍 Key Levels:Resistance: 3310 – 3320 (aligned with the midline of the channel) – price has not yet confirmed a breakout above this zoneNext Bullish Targets: 3350 – 3358 / 3385 – 3390Support Zone: 3270 – 3280 (potential bullish re-entry area)🟣 All key price levels are marked on the chart with light purple lines for clarity.🟠 RSI is near 65, showing bullish momentum but approaching overbought territory, signaling a possible short-term pullback.🔁 Likely scenario: A minor correction toward 3270–3280 followed by continuation toward 3350+ if support holds.Fundamental ContextThe ISM Services PMI came in stronger than expected (51.6 vs. 50.2 forecast), reflecting economic resilience in the U.S. This typically supports the USD and weighs on gold, but:Rising tariff threats from Trump raise recession concerns.Services Prices Index rose to 65.1, signaling growing inflation pressures.These inflation concerns may impact the Fed’s upcoming rate decisions.Central bank demand and geopolitical risks continue to support gold medium-term.SummaryDespite being inside a descending channel, gold is showing short-term bullish strength. A confirmed break above 3320 could open the way toward 3350+. Otherwise, a pullback to the 3270–3280 area may offer the next setup.

Bearish Divergence & Resistance RejectionPrice is reaching the strong resistance zone (2936 - 2940), near the ATH (2942.710).RSI shows bearish divergence, signaling potential weakness in momentum.A rejection from this resistance zone could trigger a short-term pullback.Possible Short Entry: Upon confirmation of rejection (e.g., bearish engulfing, wick rejections).Short-Term Targets (TPs):First TP: 2,928.762Second TP: 2,921.587Potential Next Moves:Short-Term Correction – A rejection from 2936 - 2940 could lead to a brief pullback toward support levels (2928 - 2921).Bullish Continuation – If price holds at support, we could see a new impulsive move toward the ATH (2942.710) and beyond.📉 Scalping Play: Short from resistance with TPs at 2928 & 2921.📈 Long Opportunity: If resistance breaks, look for confirmation of bullish continuation.

🚀 Key Market Insight:Solana ( SOLUSDT ) is testing a high-stakes demand zone at $156-$162, aligning with major trendline support and previous liquidity grabs. This level will dictate the next big move—a strong bounce could fuel a rally, while a breakdown may trigger a deeper correction.🛑 Key Levels to Watch:✅ Support Zone: $156-$162 – Holding above = potential reversal.🚨 Break Below $154: Could lead to $145-$135 and lower targets.⚡ Resistance to Reclaim: $182, $195, $204, $212, and $219.🧠 What to Look For:🔹 Bullish Signal: Price reclaims $170+ with strong volume → Higher targets unlocked.🔹 Bearish Signal: Price fails to hold $154 → Expect deeper downside.🔹 Liquidity Trap? Smart money may hunt stop-losses before a reversal—watch for fakeouts.

Gold was on a downtrend, but now, following the break of this downtrend line and considering the bearish trend of the dollar index and important news today, we could expect a bullish move towards 2400 - 2417. 📈Good jobIf the price breaks 2383, we may expect a decrease in gold to 2376. 📉GoodWe have a resistance at 2384 - 2387, if broken, we may go towards 2398. 💪📈Easy

Gold was under a downtrend that it broke. Now we can expect a pullback to the support range and continue the uptrend towards targets 2352 ~ 2358.GOLD 1H

Bitcoin was in a downtrend, but after breaking the downtrend with resistance at 64000, it hasn't been able to break the resistance yet. As long as this resistance is not broken, the trend is towards a downward movement to around 60000.

Ethereum has reached a resistance range and is still moving under a downward trend. Considering the failure to break this resistance, we expect a price decrease towards 3000 and even lower towards 2900.

Considering the status of gold, which was moving in a long-term uptrend line and now that trend line has been broken, we should expect a significant price decrease from it.Gold needs to be able to make a bullish move from the range of 2290 - 2300 to 2326 - 2330! The support range is crucially important!DXYNice

The fear and anxiety prevailing in the global community regarding the next stage of tensions between Iran and Israel have led to cautious and conservative performance regarding the yellow metal. Since our last analysis on April 10th, Gold has only managed to touch the first upside target of 2410.73 weakly twice, with the second time being today after reports of an Israeli attack on Isfahan. Given the heavy media coverage following Israel's attack on Iran's embassy in Syria and the demand from global banks to buy gold, Gold has experienced sharp rallies in recent weeks. It remains to be seen if the market can sustain such reactions in the coming days or if it prefers to take a step back to make a more rational decision.To better understand this scenario, it is sufficient to look at the market's contemplative behavior towards Gold during the time of Russia's attack on Ukraine. This attack occurred on February 24, 2022. As seen in the Gold chart, Gold was on an upward trend for several weeks before Russia's attack on Ukraine, but it took a downward trend until late October after the war began. It is not unlikely that a similar event may occur regarding tensions between Iran and Israel. Therefore, medium-term investors need to consider this point and plan accordingly for such a scenario. Although Gold will have an upward trend in the long term.In the short term, as long as the risk of tensions spreading to other neighboring regions does not appear to exist outwardly and third countries will not openly get involved, intermittent rallies in Gold are likely. From a technical perspective, if Gold can consolidate above 2410.73, its next targets will currently be 2530.73 and 2646.67. Otherwise, any move above towards 2410.73 will be a temporary selling opportunity towards targets of 2343.14, 2318.45, and with less probability 2299.32.I have also included my preferred trend in the chart for you!

Gold couldn't break through the resistance at 2390 yesterday and experienced a price drop down to 2360. Today, gold is moving back towards the 2390 resistance; if it fails to break through, we can expect further price decline to 2340. Otherwise, if the resistance is broken, we anticipate touching prices between 2403 - 2415. Resistance Range: 2395 - 2400Support Range: 2360 - 2365