Gold 7.7.2025

Technical Analysis
Monday, July 07, 2025 - 11:09
Point Trader Group

General Trend:

Gold remains in a well-defined ascending channel and continues to trade above the trendline and key support at 3257.88.

Expected Scenario:

Bullish Scenario:

- Holding above 3300.00 could support a rise toward 3449.60.

Bearish Scenario:

- A break below 3257.88 may lead to a downward correction toward 3120.33.

Key Levels:

Resistances: 3300.00 – 3449.60 – 3489.96

Supports: 3257.88 – 3120.33 – 3050.00


*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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