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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

Gold 5.8.2025

Technical Analysis
Tuesday, August 05, 2025 - 12:08
Point Trader Group
Gold 5.8.2025

General Trend:

Gold is in a corrective move after a strong rally, currently pulling back from resistance at 3385.

Expected Scenario:

Bullish:

A bounce from 3355 could retest 3385 then 3400.

Bearish:

Breaking below 3355 might push price toward 3334 then 3283.

Key Levels:

Resistances: 3385 – 3400

Supports: 3355 – 3334 – 3283

*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

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