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Friday, August 29, 2025

Trading Signals for Gold (XAU/USD) for August 29-31, 2025: sell below 3,417 (21 SMA - 7/8 Murray)

Trading Signals for Gold (XAU/USD) for August 29-31, 2025: sell below 3,417 (21 SMA - 7/8 Murray)

Back Technical analysis
Trading Signals for Gold (XAU/USD) for August 29-31, 2025: sell below 3,417 (21 SMA - 7/8 Murray)
Back Technical analysis

Trading Signals for Gold (XAU/USD) for August 29-31, 2025: sell below 3,417 (21 SMA - 7/8 Murray)

Early in the European session, gold

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29.08.2025 07:35 AM

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29.08.2025 07:35 AM

Early in the European session, gold is trading around 3,409, undergoing a technical correction after reaching a high around 3,423, a level it reached during yesterday's American session.After reaching 3,423, gold is undergoing a technical correction and is likely to continue its decline to reach the 6/8 Murray level at 3,398.If gold consolidates below the 21SMA at 3,409 in the next few hours, it will be seen as a clear signal to sell, with targets at 3,398 and the 5/8

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