Gold Eyeing Reversal from Key Support – Will It Reclaim 3400+ Today? 🔥📊
📈 Technical Analysis (Based on Chart)
Gold (XAU/USD) is currently reacting to the lower boundary of a key demand zone, marked between 3289.089 and 3273.030 – an area where buyers previously stepped in. After failing to sustain above the short-term resistance at 3366.407, price retraced back down sharply.
We are seeing a potential bullish setup if the price holds at or near the current zone and reverses. The market could attempt to retest higher resistance levels, particularly:
3377.606 (intermediate resistance)
3407.470 (strong upside target)
3445.111 (long-term resistance/POI)
Expect intraday consolidation and accumulation above 3273 before any major upward breakout.
🌐 Macro Overview
Gold continues to trade in a fragile environment, driven by both technical retracements and macroeconomic uncertainty. The recent rebound in Treasury yields and stronger-than-expected economic resilience in the U.S. has slowed down gold’s rally. However, safe-haven demand remains intact due to ongoing global tensions and shifting monetary policy expectations.
Today's Key USD Events – Watch Out!
Today’s spotlight is on the U.S. Core PCE Price Index – the Fed’s preferred inflation gauge.
📌 Impact: If the data surprises to the upside, the USD may strengthen → downward pressure on gold.
📌 If weaker than expected, gold could bounce strongly from the current support zone as markets price in dovish expectations.
Also, keep an eye on U.S. Personal Spending and Final Consumer Sentiment reports, which could influence market volatility heading into the weekend.
📝 Conclusion
Gold is at a decision point – if the current support zone (3289–3273) holds, a bullish breakout toward 3377–3410 is possible. However, traders must stay cautious of macro news flow and U.S. data releases today that could trigger volatile intraday moves.
BUY ZONE: 3286 - 3284
SL: 3280
TP: 3290 - 3294 - 3298 - 3302 - 3306 - 3310
SELL ZONE: 3406 - 3408
SL: 3412
TP: 3410 - 3414 - 3418 - 3422 - 3426 - 3430
📈 Technical Analysis (Based on Chart)
Gold (XAU/USD) is currently reacting to the lower boundary of a key demand zone, marked between 3289.089 and 3273.030 – an area where buyers previously stepped in. After failing to sustain above the short-term resistance at 3366.407, price retraced back down sharply.
We are seeing a potential bullish setup if the price holds at or near the current zone and reverses. The market could attempt to retest higher resistance levels, particularly:
3377.606 (intermediate resistance)
3407.470 (strong upside target)
3445.111 (long-term resistance/POI)
Expect intraday consolidation and accumulation above 3273 before any major upward breakout.
🌐 Macro Overview
Gold continues to trade in a fragile environment, driven by both technical retracements and macroeconomic uncertainty. The recent rebound in Treasury yields and stronger-than-expected economic resilience in the U.S. has slowed down gold’s rally. However, safe-haven demand remains intact due to ongoing global tensions and shifting monetary policy expectations.
Today's Key USD Events – Watch Out!
Today’s spotlight is on the U.S. Core PCE Price Index – the Fed’s preferred inflation gauge.
📌 Impact: If the data surprises to the upside, the USD may strengthen → downward pressure on gold.
📌 If weaker than expected, gold could bounce strongly from the current support zone as markets price in dovish expectations.
Also, keep an eye on U.S. Personal Spending and Final Consumer Sentiment reports, which could influence market volatility heading into the weekend.
📝 Conclusion
Gold is at a decision point – if the current support zone (3289–3273) holds, a bullish breakout toward 3377–3410 is possible. However, traders must stay cautious of macro news flow and U.S. data releases today that could trigger volatile intraday moves.
BUY ZONE: 3286 - 3284
SL: 3280
TP: 3290 - 3294 - 3298 - 3302 - 3306 - 3310
SELL ZONE: 3406 - 3408
SL: 3412
TP: 3410 - 3414 - 3418 - 3422 - 3426 - 3430
Trade attivo
✅ BUY ZONE Triggered – FULL TP Hit as Planned! 🎯💰Once again, today’s trading plan played out with precise accuracy, delivering clean profits for everyone who followed the strategy.
🔍 Why Was This BUY Signal So Strong?
Yesterday’s session left a significant GAP (~30 PIPS) during the Asian market, and liquidity was never fully filled throughout the day.
This created a highly attractive Fair Value Gap (FVG) along with a strong Order Block (OB), where BUY pressure was already building up.
As expected, when price returned to that zone today, it filled the GAP and launched into a strong rally during the late Asian and early London sessions, continuing to hold momentum into the day.
🎯 Today’s BUY ZONE was perfectly respected – all TP targets achieved according to the plan.
Patience, discipline, and smart positioning brought in the reward.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.