Gold Spot / U.S. Dollar
Long
Updated

XAU/USD โ€“ Gold Testing Buy-Side Liquidity Pool,

117
๐ŸŸก XAU/USD โ€“ Gold Testing Buy-Side Liquidity Pool,
๐Ÿ“… Date: June 29, 2025
๐Ÿ” Timeframe: H4 (4-Hour Chart)
๐Ÿ“Š Indicators Used: Ichimoku Cloud, Volume Profile

๐Ÿ”ป Market Context:
Gold (XAU/USD) has been under consistent bearish pressure, forming lower highs and lower lows. The price recently touched a key demand zone around $3,270, where buyers have historically responded.

๐Ÿ“Œ Key Technical Levels:
Level Significance
$3,270โ€“3,250 Major support zone (high volume area)
$3,325 Cloud resistance / Pivot zone
$3,328 Tenkan-Sen / Immediate resistance
$3,313 Current market price

โ˜๏ธ Ichimoku Insights:
Price Below Cloud: Confirms bearish market structure.

Future Cloud (Senkou Span): Flat and wide โ€” signals strong resistance ahead.

Kijun-Tenkan Twist: Distance between base and conversion lines indicates momentum divergence and potential short-term pullback.

๐Ÿ“ˆ Volume Profile:
Highest traded volume (Point of Control) is centered just above the support zone, suggesting accumulation is in play.

Thin volume overhead implies a low-friction move toward $3,325 possible if bulls regain control.

๐Ÿ”„ Price Projection:
The projected path shows a rounded retest pattern, indicating:

Short-term consolidation above support.

Potential bullish retracement toward $3,325 cloud resistance.

Reaction at this level will determine next trend leg (rejection vs breakout).

๐Ÿงญ Strategic Outlook:
Scenario 1: Bullish Retracement
Entry: Above $3,280

Target: $3,325 (Cloud base)

Risk: Below $3,250 (Support invalidation)

Scenario 2: Bearish Continuation
If price fails to reclaim $3,300+, expect new lows toward $3,240 or lower.

๐Ÿง  Summary:
XAU/USD is currently in a corrective phase within a larger downtrend.
A bounce from the support zone could offer a tactical long toward cloud resistance, but caution is advised near $3,325โ€“$3,330 โ€” a decisive breakout or rejection will guide the next wave.
Trade closed: target reached
๐Ÿ“‰ XAU/USD โ€“ TP Hit

Gold hit our Take Profit as expected. Price faced resistance after strong bullish momentum, triggering our target perfectly.
snapshot

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