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USDCHF H4 | Bearish reversalUSD/CHF is rising towards the sell entry, which is a pullback resistance and could reverse from this level to the downside. Sell entry is at 0.8087, which is a pullback resistance. Stop loss is at 0.8121, which is a pullback resistance that is slightly below the 127.2% Fibonacci extension. Take profit is at 0.7996, which is a pullback support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by Tradu
EUR/USD Clings to Cloud, Break Above 1.168 KeyOn the daily chart, EUR/USD is currently resting along the top edge of the Kumo after bouncing from the 1.158–1.162 FVG zone. Recent candles show selling pressure being absorbed at the cloud top, with bullish candles closing higher while volume tapers during retracements – a sign of a clean, stable market backdrop. Technically, the forward Kumo is flat and thin, often acting as a springboard for continuation. Above, a short-term supply FVG around 1.168–1.175 serves as the hurdle for the next leg up. Scenario to watch: if EUR/USD holds 1.160–1.162 and a daily candle closes above 1.168, the path to 1.170 and possibly 1.175 opens up. On the macro side, this week focuses on preliminary Eurozone inflation (HICP) and ECB commentary. Soft readings would narrow Euro–USD rate expectations, adding support for EUR. How do you see EUR/USD “escaping the cloud” in the coming sessions?
Long
by EmmaChartist
XAU/USD 15M CHART PATTERN....XAUUSD (Gold) Bearish Setup 📉 Gold is showing weakness after failing to hold above the intraday highs, and sellers are stepping in strongly from 3384, making it a prime Sell Entry Zone. 🔑 Key Support: 3366 → This is the first level where price may attempt a small bounce, but if broken, it confirms bearish continuation. 🛡 Major Support: 3348 → This is the decisive level. If price reaches here, it will complete the bearish move and lock in profits for sellers. 🎯 Target 1: 3366 (Key Support) 🎯 Target 2: 3348 (Major Support) ⚠️ Bearish Bias: As long as price stays below 3384 resistance, sellers remain in control. Breaks below 3366 open the path directly toward 3348.
OANDA:XAUUSDShort
by FX_AGENCY
3
EUR/USD – Short-term Downside Pressure at $1.1626 ResistanceHello everyone, EUR/USD is currently facing a strong resistance area at $1.1626, where the supply FVG and the edge of the Kumo cloud converge, forming a notable technical wall. Recent candlesticks with short bodies and long wicks, alongside weakening volume, indicate that buying momentum is fading while sellers are taking control. The Ichimoku Kumo sitting above price reinforces the bearish signal, and other technical indicators also do not support a breakout. If price continues to be rejected at $1.1626, the downside correction could drag EUR/USD back toward the support levels at $1.1600 and $1.1575. In addition, today’s release of the U.S. PCE data will be closely watched – if it comes in higher than expected, the likelihood of the Fed maintaining a tight policy stance could strengthen the dollar, adding further downside pressure on the pair. What do you think of this scenario? Will EUR/USD continue to fall, or surprise with a rebound from this resistance zone?
by EmmaChartist
2
USD/JPY: Downtrend Continues with Weak SupportCurrent Situation: USD/JPY is trading around 147.60, down from its recent high of 148.700. The pair has broken through the key support level at 147.800, opening the possibility for further downside. Downward Target: If USD/JPY maintains below 147.800, the downtrend could continue, with the next support levels at 146.800 and 146.300. Trading Strategy: Prioritize selling on any bounce towards 147.500–147.800. Set the target at 146.800 and 146.300, with a stop loss above 148.00 for risk management. Supporting News: Fed Chair Jerome Powell, speaking at Jackson Hole, signaled that the Fed may ease tightening sooner if the labor market weakens. This has led to a decline in U.S. bond yields and a weaker USD, providing favorable conditions for JPY to strengthen.
Short
by Rocky_trade_
GBPUSD H4 | Bullish bounce off major supportGBP/USD is falling towards the buy entry which is an overlap support that lines up with the 78.6% Fibonacci projection and could bounce from this level to the take profit. Buy entry is at 1.3391, which is an overlap support that lines up with the 78.6% Fibonacci projection. Stop loss is at 1.3271, which is a pullback support that is slightly below the 161.8% Fibonacci extension. Take profit is at 1.3517, which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by Tradu
EURUSD H4 | Bearish reversalEUR/USD is rising towards the sell entry which is a pullback resistance and could drop from this level to the downside. Sell entry is at 1.1674, which is a pullback resistance. Stop loss is at 1.1778, which is a swing high resistance. Take profit is at 1.1538, a pullback support that aligns with the 127.2% Fibonacci extension. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by Tradu
Gold Holds Firm at $3,375 – Bullish Trend in FocusHello everyone, what are your thoughts on the current OANDA:XAUUSD trend? After a slight dip at the start of yesterday’s session, gold quickly recovered and is now stable around $3,375/oz. The main driver behind this rebound comes from growing expectations that the Fed will cut rates in September, while ongoing political tensions in the US continue to weigh on the dollar, reinforcing gold’s role as a safe-haven asset. From a technical perspective, the bullish trend remains intact as the market continues to form a series of Break of Structure (BOS), reflecting steady buying pressure. This suggests the most reasonable scenario is to maintain a trend-following strategy, favouring long positions with the next targets being supply zones and key resistance levels ahead. Do you think gold has enough strength to break through and conquer higher resistance levels this week? Feel free to share your views in the comments — let’s discuss together!
OANDA:XAUUSDLong
by DaniellaLionForex
5
Ethereum (ETH): Continuing Strong After the PullbackHello, it's great to be back with everyone! After a strong rally, Ethereum's price has seen a correction and is currently trading around $4,400, finding solid support from the marked zone on the chart. From a technical perspective, Ethereum is forming a very strong price structure. After reaching the key support zone, the price has started to recover and has the potential to continue rising. If this price level holds, Ethereum could easily move towards the 0.5 and 0.618 Fibonacci levels (around $4,634 and $4,710), which are very reasonable targets in the current context. My outlook is bullish. How about you? Feel free to share your thoughts!
Long
by DaniellaLionForex
Falling towards major support?GBP/AUD is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance. Pivot: 2.0702 1st Support: 2.0582 1st Resistance: 2.0864 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
Bearish breakout?GBP/CAD is falling towards the pivot and a breakout could lead the price to drop to the 50% Fibonacci support. Pivot: 1.8631 1st Support: 1.8486 1st Resistance: 1.8755 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Bearish drop?EUR/JPY has rejected off the pivot which acts as a pullback resistance and could drop to the 1st support. Pivot: 171.99 1st Support: 170.24 1st Reistance: 172.87 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Falling towards major support?EUR/GBP is falling towards the pivot and could bounce to the 1st resistance which acts as a pullback resistance. Pivot: 0.8608 1st Support: 0.8569 1st Resistance: 0.8658 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
Bearish drop?EUR/CAD is reacting off the pivot which is a pullback resistance and could drop to the 50% Fibonacci support. Pivot: 1.61186 1st Support: 1.59852 1st Resistance: 1.62249 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
2
Potential bearish drop?EUR/NZD is reacting off the pivot and could drop to the 1st support which acts as an overlap support that aligns with the 50% Fibonacci retracement. Pivot: 1.99253 1st Support: 1.96745 1st Resistance: 2.00336 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Bearish reversal off pullback resistance?CAD/JPY is rising towards the pivot and could reverse to the 1st support. Pivot: 107.14 1st Support: 106.08 1st Resistance: 107.73 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
XAU/USD: Gold at Make-or-Break – Will 3400 Hold or Break?Macro & Fundamental Context Gold remains highly influenced by Fed rate expectations: Powell’s speech at Jackson Hole opened the door to possible rate cuts as early as September. This is pressuring the US dollar lower and supporting precious metals, but at the same time, persistently high inflation and strong US macro data (PPI at the highest level since February) maintain a risk of two-way volatility. COT & Sentiment COT Report: Non-Commercials (speculators) remain strongly net long (275k contracts vs 62k short), but in recent weeks we’ve seen a decline of 12,800 longs and an increase of 4,000 shorts → clear signs of profit-taking. Commercials (hedgers) remain heavily net short (316k contracts), consistent with a defensive stance at current resistance levels. Retail Sentiment: 56% short vs 44% long → slightly contrarian, as retail traders tend to sell strength. Seasonality Historically, August is a bullish month for gold (+25–30 avg points over 10/15 years). However, September has one of the worst seasonal performances of the year (-11% over 20y, -29% over 10y). This reinforces the view that late-August rallies could turn into deeper corrections in September. Technical Analysis Daily Chart: Gold is currently testing a key supply zone at 3380–3400, with a bearish reaction already visible. RSI shows relative overbought conditions. Key Levels: Primary Resistance: 3400–3420 (supply + July highs). Intermediate Support: 3280–3300 (demand zone + weekly block). Bearish Target: 3240–3200 (major demand + bullish rejection block). Operational Outlook Base Case (most likely): Rejection from 3400 → retracement towards 3280/3240 → short setups favored with confirmation on H4/H1. Alternative Scenario (less likely but possible): Breakout above 3420 with a weekly close → bullish continuation confirmed → targets at 3480–3520. Risk Management: Extreme caution ahead of Powell’s speech and NFP release, as both could quickly invalidate setups.
OANDA:XAUUSDShort
by EdgeTradingJourney
4
GBPNZD to continue in the upward move?GBPNZD - 24h expiry There is no clear indication that the upward move is coming to an end. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Risk/Reward would be poor to call a buy from current levels. A move through 2.3000 will confirm the bullish momentum. The measured move target is 2.3075. We look to Buy at 2.2950 (stop at 2.2900) Our profit targets will be 2.3100 and 2.3125 Resistance: 2.3000 / 2.3050 / 2.3075 Support: 2.2975 / 2.2950 / 2.2925 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
XAUUSD – Key Levels To Watch? What Happend Next🟡 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.
OANDA:XAUUSDShort
by Mentor_Michael03