Gold is currently in a range-bound phase between well-defined supply and demand zones.
🔰 Current Support:
The previous resistance around the developing POC (D POC) has now turned into support and price is reacting to it.
📍 Main Scenario:
🔻 A liquidity grab to the downside is expected first — targeting the FVG 1H and OB 4H demand zones.
📈 If we get bullish confirmation and lower-timeframe triggers, long entries will be valid from those zones, aiming for upside levels like 3300+ and 3400.
👀 Key Levels to Watch:
Demand at 3160 (FVG)
Demand at 3120 (OB 4H)
These are potential springboards for the next impulsive move up.
🔍 Insight by ProfitaminFX
If this outlook aligns with your bias, or if you see it differently, feel free to share your perspective in the comments. Let’s grow together 📈
🔰 Current Support:
The previous resistance around the developing POC (D POC) has now turned into support and price is reacting to it.
📍 Main Scenario:
🔻 A liquidity grab to the downside is expected first — targeting the FVG 1H and OB 4H demand zones.
📈 If we get bullish confirmation and lower-timeframe triggers, long entries will be valid from those zones, aiming for upside levels like 3300+ and 3400.
👀 Key Levels to Watch:
Demand at 3160 (FVG)
Demand at 3120 (OB 4H)
These are potential springboards for the next impulsive move up.
🔍 Insight by ProfitaminFX
If this outlook aligns with your bias, or if you see it differently, feel free to share your perspective in the comments. Let’s grow together 📈
Trade active
If a 1H candle closes above the 3352 level, the probability of a bullish breakout becomes higher than the bearish scenario, and we could expect a potential move toward higher resistance zones.Trade closed: target reached
Hey traders,As previously mentioned, we had a breakout above the D POC resistance zone, followed by a pullback confirmation. A 1H candle closed above the 3352 level, which gave us a clear entry, resulting in around 110 pips profit.
However, this bullish momentum didn’t continue. Price failed to reach the 3390 target due to weak momentum and is now pulling back. There’s a possibility of a minor liquidity grab above the local highs, but after that, we may see a drop back toward the range low at 3278, or even further down to 3250.
🔸Currently, the market is dropping below the 1H range, showing weakness after failing to sustain the bullish move.
🔸Be cautious with your entries, and don’t forget your risk management!
🔍 Insight by ProfitaminFX
If this outlook aligns with your bias, or if you see it differently, feel free to share your perspective in the comments. Let’s grow together 📈
Note
📊 XAUUSD Outlook – Range-Bound and Key Buy ZonesGold continues to move sideways within the drawn zones on the chart, with no confirmed breakout yet.Overall, there’s a high probability of a downward move to grab buy-side liquidity, especially toward two important levels:
🔽 3250🔽 3185
✅ At this point, we are waiting for one of the following scenarios:
A valid breakout (not a fakeout like the previous attempt) to continue the bullish move.
Or, a pullback to the demand zones mentioned above, where we’ll look for long entries with solid confirmations on lower timeframes.
Until then, stay patient and let the market decide.
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.
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.