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Reading: Gold 3360 resistance still exists, open short position for TVC:GOLD by Violet_Trading_Strategy
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Ethereum

Gold 3360 resistance still exists, open short position for TVC:GOLD by Violet_Trading_Strategy

Last updated: August 21, 2025 9:05 am
Published: 8 months ago
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Gold Short-Term Analysis

Based on hourly candlestick analysis, today’s upward resistance is around 3350-3360. If it rebounds to this level, continue to open short positions and anticipate a pullback. The short-term bearish weakness level is around 3365-73. Until the daily chart reaches this level, maintain the current rebound short position rhythm.

Gold Trading Strategy:

Enter a short position if gold rebounds to the 3350-3350 range, with a stop loss at 3365 and a target around 3330. Hold if it falls below this level.

If you have questions about the direction of gold, crude oil, Bitcoin, and Ethereum, you can follow me.

I share my trading ideas and strategies daily for your reference. Feel free to follow my updates.

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