Gold Spot / U.S. Dollar
Long
Updated

XAUUSD Weekly Chart Buying area

570
๐Ÿ“Š XAU/USD (Gold) Price Analysis โ€“ 4H Chart

๐Ÿ•’ Date: July 6, 2025
๐Ÿ” Technical Overview:

Gold is currently trading around the $3,337 level, showing signs of consolidation after a recent bounce.

๐Ÿ”ธ Key Zones:
๐ŸŸก Resistance Area 1: $3,295 - $3,310

๐ŸŸก Resistance Area 2: $3,250 - $3,270

๐ŸŸก Target Zone: $3,390 - $3,410

๐Ÿ“ˆ Possible Scenarios:
Price may retrace to the $3,295 - $3,310 resistance area, hold support, and aim for the $3,390 - $3,410 target zone.

A deeper pullback to the lower $3,250 - $3,270 resistance turned support area may occur before a stronger bullish move.

Breakout confirmation will come on a clean close above the $3,337 level with volume.

๐Ÿ“Œ Bias: Bullish above the $3,295 level
๐Ÿ“Œ Watch for: Bullish price action or liquidity grabs near support zones

๐Ÿ’ก This setup is based on structure, liquidity zones, and institutional footprints.
Trade active
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๐Ÿ“‰ XAUUSD Technical Analysis
๐Ÿ”ธ First Zone Rejection Observed

Price has shown a clear rejection from our first marked resistance zone โ€” confirming the strength of the level and signaling a potential short-term sell setup.

๐Ÿ“Œ Market Insights:
โœ… Strong bearish reaction at resistance
โœ… Ideal entry zone for scalpers & intraday traders
โœ… Smart money respecting key levels

This is the power of zone-based trading โ€” precision, timing, and confidence.

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#XAUUSD #GoldTrading #ForexSignals #PriceAction #SmartMoney #Scalping #TechnicalAnalysis
Note
Gold move 270 pips better results๐Ÿ’›
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