Gold recaptures gains after a three day losing streak

After three consecutive days of losses, Gold stayed firm above $3000 level throughout the early Asian session on Tuesday. Prices steady around $3015 at the time of writing as traders stay indecisive and assess U.S. tariff developments. U.S. President added to the market caution after recently announcing a 25% of tariff on countries buying Venezuelan oil, citing the country's hostility towards USA while also mentioning that some countries might be exempted from reciprocal duties. Investors now keenly await Fed officials' speech and PCE Price Index, which is the Fed's preferred measure of inflation, for fresh impetus. 

Gold Structure: Spinning Top on Daily, Below 8SMA on Daily, Bouncing after taking support at 200SMA on 1hr.

Intraday Strategy/ Intraday Trend: Buy on Supports, Sell on Resistance/ Neutral to Bearish

Major Resistance: 3022, 3028, 3033

Major Support: 3013, 3007, 3002