🟡 XAUUSD – Key Levels To Watch 🔥 What Happend Next
Gold is currently trading inside a buying zone (3380 – 3400) but facing rejection. Market structure is still holding higher lows, which keeps the bigger trend bullish, but short-term price action suggests a possible retracement move.
Resistance Zone: 3420 – 3440 (strong supply, previous rejection)
Key Support: 3330 – 3320 (major demand, higher low base)
Immediate Target: 3340 – 3360 (if rejection continues)
📉 Short-term bias: bearish correction toward 3340 – 3360
📈 Swing bias: bullish as long as 3330 – 3320 holds
🔑 My View:
I’ll be watching how price reacts around 3330 – 3320. Holding this level could trigger the next bullish leg toward 3420 – 3440. Losing it opens the door for deeper downside into 3280.
Gold is currently trading inside a buying zone (3380 – 3400) but facing rejection. Market structure is still holding higher lows, which keeps the bigger trend bullish, but short-term price action suggests a possible retracement move.
Resistance Zone: 3420 – 3440 (strong supply, previous rejection)
Key Support: 3330 – 3320 (major demand, higher low base)
Immediate Target: 3340 – 3360 (if rejection continues)
📉 Short-term bias: bearish correction toward 3340 – 3360
📈 Swing bias: bullish as long as 3330 – 3320 holds
🔑 My View:
I’ll be watching how price reacts around 3330 – 3320. Holding this level could trigger the next bullish leg toward 3420 – 3440. Losing it opens the door for deeper downside into 3280.
Market Analyst | XAU/USD Focused
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Market Analyst | XAU/USD Focused
Educational Content & Technical Breakdowns Premium
VIP Signals Live trades & strategies shared daily
join our Telegram t.me/Mentor_Michael033
Message Me to Join VIP Mentorship t.me/Mentor_Michael03
Educational Content & Technical Breakdowns Premium
VIP Signals Live trades & strategies shared daily
join our Telegram t.me/Mentor_Michael033
Message Me to Join VIP Mentorship t.me/Mentor_Michael03
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.