Gold (XAU/USD) Technical Analysis – Professional InsightAs of today’s session, Gold (XAUUSD) is trading within a sensitive consolidation phase, with short-term sentiment driven by macroeconomic releases and geopolitical developments.
🔻 Support Range Focus: $3,230 – $3,225
This zone holds strategic importance for the following reasons:
Structural Role: $3,230–$3,225 represents a key demand zone tested multiple times during previous intraday lows—validating it as a potential base for a rebound.
Buy Liquidity Zone: Order flow indicates accumulation around this range, suggesting institutional interest in defending this level.
Confluence Factors:
Previous resistance-turned-support
Fib retracement (38.2% from last rally)
H1 bullish divergence forming on RSI below 30
🎯 Scenarios
🟢 Bullish Rebound Scenario
If the $3,225 support holds:
Upside Targets: $3,248 (pivot), $3,267, and $3,289
Watch for confirmation: bullish engulfing candle or breakout on volume from consolidation range
🔴 Bearish Breakdown Scenario
If price breaks below $3,225 with momentum:
Next supports lie at $3,195 and deeper at $3,167
Breakdown could accelerate selling as stop-losses trigger under $3,225
📊 Momentum & Indicators
RSI: Hovering near oversold (H1), suggesting potential for mean reversion
MACD: Flat to slightly negative, showing loss of upward momentum
ATR: Contracting, pointing to a likely breakout scenario ahead
🧠 Strategic Takeaway
"$3,230–$3,225 is the critical decision zone. Stay reactive—not predictive. Look for reaction strength, not just the level itself."