Gold Approaches New Resistance – Potential Short-Term PullbackGoldOANDA:XAUUSDMian-FXSignals📊 Market Update Gold is currently trading around $3,368–$3,370/oz, up approximately 0.5% today, supported by a weaker USD and slightly declining US Treasury yields. This comes amid global trade concerns and expectations that the Fed may adjust policy in upcoming meetings. 📉 Technical Analysis •Key Resistance: $3,375–$3,380 (pivot R2: $3,374.9, R3: $3,389.6) •Nearest Support: $3,360 (S1: $3,335.8) •EMA: Price is trading above the EMA9 / EMA20 / EMA50 / EMA200, confirming a strong uptrend •Candlestick / Volume / Momentum: o MACD & ADX still confirm strong bullish momentum o Price consolidating in a rectangle range of $3,352–$3,366 → watch for breakout or rejection at resistance 📌 Outlook Gold may pull back slightly if it fails to break through the $3,375–$3,380 resistance area and RSI continues hovering near overbought levels. 💡 Suggested Trade Strategy 🔻 SELL XAU/USD at: $3,375–$3,380 🎯 TP: 40/80/200 pips ❌ SL: $3,385 🔺 BUY XAU/USD at: $3,345–$3,348 🎯 TP: 40/80/200 pips ❌ SL: $3,339