📌 Gold Regains Momentum – Key Trading Setups Ahead of Volatile Week 🔥📊
📈 Technical Overview
Gold (XAU/USD) started the week with a strong recovery after last week’s sharp drop. Price is currently stabilizing near the major support zone around 3,274 – 3,292, forming a fresh consolidation range that could lead to a bullish continuation — if key support holds.
Last week’s weaker-than-expected US employment data weakened the Dollar Index (DXY), supporting a rebound in gold. However, the market remains cautious ahead of today’s ADP Non-Farm Employment release, which could serve as a directional catalyst.
So far, gold is trading sideways, with mild corrective pullbacks, waiting for clear confirmation from upcoming data.
🔍 Key Support & Resistance Levels
Resistance: 3,336 – 3,352 – 3,357 – 3,366
Support: 3,305 – 3,292 – 3,274
🎯 Trade Setups for Today
🔵 BUY ZONE
Entry: 3,274 – 3,276
SL: 3,270
TP: 3,284 → 3,291 → 3,301 → 3,336
📝 A deeper dip into the 3,274 area could offer another long opportunity, but confirmation is key before entering.
🔴 SELL ZONE 1
Entry: 3,350 – 3,352
SL: 3,356
TP: 3,346 → 3,342 → 3,338 → 3,334 → 3,330 → 3,320
📝 Watch for rejection near 3,350. If price fails to break above, this zone could offer a solid intraday short.
🔴 SELL ZONE 2
Entry: 3,366 – 3,368
SL: 3,372
TP: 3,362 → 3,358 → 3,354 → 3,350 → 3,345 → 3,340
📝 If price is unable to hold above 3,366 resistance, look for sell opportunities targeting a drop back to 3,350 and below.
⚠️ Important Notes
Today’s session may be volatile due to ADP Non-Farm Employment expectations.
Geopolitical tension in Asia may also impact gold, so remain alert to surprise headlines.
Apply strict SL/TP risk management as markets prepare for Friday’s NFP release.
✅ Conclusion
We’re entering a pivotal session where gold is testing key zones just ahead of critical employment data. Use tight stops and clear confirmations for all trades.
🚨 Trade with discipline — stay patient, and be prepared for volatility.
💬 What’s your setup for today’s gold session? Watching for a breakout or fading the highs? Drop your view below! 👇👇👇
📈 Technical Overview
Gold (XAU/USD) started the week with a strong recovery after last week’s sharp drop. Price is currently stabilizing near the major support zone around 3,274 – 3,292, forming a fresh consolidation range that could lead to a bullish continuation — if key support holds.
Last week’s weaker-than-expected US employment data weakened the Dollar Index (DXY), supporting a rebound in gold. However, the market remains cautious ahead of today’s ADP Non-Farm Employment release, which could serve as a directional catalyst.
So far, gold is trading sideways, with mild corrective pullbacks, waiting for clear confirmation from upcoming data.
🔍 Key Support & Resistance Levels
Resistance: 3,336 – 3,352 – 3,357 – 3,366
Support: 3,305 – 3,292 – 3,274
🎯 Trade Setups for Today
🔵 BUY ZONE
Entry: 3,274 – 3,276
SL: 3,270
TP: 3,284 → 3,291 → 3,301 → 3,336
📝 A deeper dip into the 3,274 area could offer another long opportunity, but confirmation is key before entering.
🔴 SELL ZONE 1
Entry: 3,350 – 3,352
SL: 3,356
TP: 3,346 → 3,342 → 3,338 → 3,334 → 3,330 → 3,320
📝 Watch for rejection near 3,350. If price fails to break above, this zone could offer a solid intraday short.
🔴 SELL ZONE 2
Entry: 3,366 – 3,368
SL: 3,372
TP: 3,362 → 3,358 → 3,354 → 3,350 → 3,345 → 3,340
📝 If price is unable to hold above 3,366 resistance, look for sell opportunities targeting a drop back to 3,350 and below.
⚠️ Important Notes
Today’s session may be volatile due to ADP Non-Farm Employment expectations.
Geopolitical tension in Asia may also impact gold, so remain alert to surprise headlines.
Apply strict SL/TP risk management as markets prepare for Friday’s NFP release.
✅ Conclusion
We’re entering a pivotal session where gold is testing key zones just ahead of critical employment data. Use tight stops and clear confirmations for all trades.
🚨 Trade with discipline — stay patient, and be prepared for volatility.
💬 What’s your setup for today’s gold session? Watching for a breakout or fading the highs? Drop your view below! 👇👇👇
⚜️ Trade with Money Market Flow, logic, Price action 📉📈
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 to 15 Signals Vip
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 to 15 Signals Vip
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.
⚜️ Trade with Money Market Flow, logic, Price action 📉📈
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 to 15 Signals Vip
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 to 15 Signals Vip
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.