🧠 
XAUUSD Market Outlook: Gold (XAU/USD)
✅ Bullish Case (Upside Bias)
• Price has reclaimed multiple Fair Value Gaps (FVGs) on the way up.
• Holding above the 0.382 Fib level (3293) indicates moderate bullish momentum.
• A confirmed breakout above 3301 (0.5 Fib) may open the path to key resistance levels:
• 3308 (0.618 Fib)
• 3314 (0.705 Fib)
• 3319 (0.786 Fib)
📌 This move is likely a retracement rally within a broader downtrend — unless price reclaims above 0.786 with strength, confirming a shift in structure.
⸻
🛠️ Trading Plan
• Bullish Setup: Long above 3301, targeting 3308 → 3314, with tight stops.
• Bearish Setup: Look for rejection patterns at 3308–3314 zone, targeting a move back to the 3280 area.
⸻
📘 Disclaimer: This is educational content and not financial advice. Always do your own analysis and manage your risk accordingly
XAUUSD Market Outlook: Gold (XAU/USD)✅ Bullish Case (Upside Bias)
• Price has reclaimed multiple Fair Value Gaps (FVGs) on the way up.
• Holding above the 0.382 Fib level (3293) indicates moderate bullish momentum.
• A confirmed breakout above 3301 (0.5 Fib) may open the path to key resistance levels:
• 3308 (0.618 Fib)
• 3314 (0.705 Fib)
• 3319 (0.786 Fib)
📌 This move is likely a retracement rally within a broader downtrend — unless price reclaims above 0.786 with strength, confirming a shift in structure.
⸻
🛠️ Trading Plan
• Bullish Setup: Long above 3301, targeting 3308 → 3314, with tight stops.
• Bearish Setup: Look for rejection patterns at 3308–3314 zone, targeting a move back to the 3280 area.
⸻
📘 Disclaimer: This is educational content and not financial advice. Always do your own analysis and manage your risk accordingly
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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.
Related publications
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.