GOLD 2025-07-01

Gold prioritizes buying around the price rotation axis because the price is round at $3,300 and the scenario is only activated in the Asian session if there is a downward correction On the contrary, if the Asian session expands the uptrend (after 8:30), then Shorting will be prioritized according to the current price trend. At that time, there will be 02 price cases that can occur: 

1. The price increases to around the range of somewhere around $3,324 and decreases quickly again, closing the candle <$3,309.5, then a false-break structure is considered to be formed. The Short strategy according to the false-break is activated around $3,309.5 with an STP of 8 prices. The price target is $3,285 - $3,270 - $3,232

2. The price increases sharply in Asia and moves sideways (instead of falling quickly again as in the above scenario), then the European session will likely extend the increase to around $3,338. It is not recommended to short directly around this price level (if so, only place a probe order) because the price can completely increase to $3,348 before turning around and falling again. The Short position will depend on the price structure's reaction in this price zone.