Gold XAUUSD Trading Strategy July 2, 2025: Yesterday's trading session witnessed a strong increase in gold prices from 3300 - 3358. Today's trading session, gold prices are correcting and showing signs of accumulation in the 3325 - 3345 area. The possibility of a strong increase in gold prices is still very high.
Fundamental analysis: The JOLTS report and the US ISM PMI index are quite positive, indicating that the decline may be slowing down. This news positively affects the price of USD and negatively affects the price of gold.
Technical analysis: After a very strong increase from the 3300 to 3358 area, gold prices are currently correcting and showing signs of accumulation at 3325 - 3345. We continue to buy gold at support areas.
Important price zones today: 3305 - 3310, 3320 - 3325 and 3355 - 3360.
Today's trading trend: BUY.
Recommended orders:
Plan 1: BUY XAUUSD zone 3320- 3322
SL 3317
TP 3325 - 3335 - 3345 - 3355.
Plan 2: BUY XAUUSD zone 3307 - 3309
SL 3304
TP 3312 - 3320 - 3340 - 3360.
Plan 3: SELL XAUUSD zone 3358 - 3360
SL 3363
TP 3355 - 3345 - 3335 - 3325 (small volume).
Wish you a safe and profitable trading day.🌟🌟🌟🌟🌟
