XAU/USD Tests Supply Zone – Watching 3365 for Bullish Continuation
Gold is climbing amid global uncertainty and U.S. tariff concerns ahead of the July 9 deadline. But strong resistance is still in play.
The price is now testing the 1H–2H supply zone and has pushed past the pivot (3347–3352). A clear 4H close above 3365 will confirm bullish continuation.
Until then, upside remains capped. If price fails to sustain above 3365, a drop back toward 3328 and 3295 is likely.
Key Levels:
Resistance: 3352 – 3365 – 3400
Support: 3328 – 3295 – 3285
Pivot Zone: 3347–3352
Gold is climbing amid global uncertainty and U.S. tariff concerns ahead of the July 9 deadline. But strong resistance is still in play.
The price is now testing the 1H–2H supply zone and has pushed past the pivot (3347–3352). A clear 4H close above 3365 will confirm bullish continuation.
Until then, upside remains capped. If price fails to sustain above 3365, a drop back toward 3328 and 3295 is likely.
Key Levels:
Resistance: 3352 – 3365 – 3400
Support: 3328 – 3295 – 3285
Pivot Zone: 3347–3352
Trade active
XAU/USD Update: Bullish Breakout Confirmed Above 3366As of July 21, 2025, XAU/USD has broken above the critical 3366 level, validating my earlier analysis. The price respected the marked 1H-2H supply zone (3,365.932 - 3,347.523) and initiated a bullish movement after crossing and closing above it. This confirms the bullish continuation potential I outlined.
Key Observations:
Resistance Zone: The key resistance at 3,400.758 is now in focus and now it will work as the support area, with the breakout occurring from the 3,365.932 level.
Support Level: The support line at 3,295.400 remains intact, providing a safety net.
Bullish Movement: The chart reflects the upward momentum starting from the marked zone, aligning with my prediction.
Stay tuned for further updates as the trend develops!
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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.