XAUUSD Daily Outlook – Monday, May 12, 2025🔍 Daily Structure Summary:
After rejecting from the ATH zone (3500), price formed a corrective wave, with a clean bullish reaction from 3284–3292, now confirmed on Daily.
Friday’s daily candle closed bullish, forming a strong wick rejection from demand, indicating buy-side interest around 3290.
EMAs show price still in a pullback phase, with EMA21 and EMA50 overhead acting as dynamic resistance (~3360–3380).
📌 Key Daily Zones & Levels
Zone / Level Description
3448–3500 🔺 Premium Supply Zone – major rejection area (same as Weekly top)
3380–3395 🔁 Daily FVG + EMA confluence – near-term resistance zone
3340–3360 🔁 Old support → new resistance – possible rejection if unconfirmed
3284–3292 ✅ Confirmed Demand – recent bounce and bullish PA
3250–3265 🔵 Last defense zone – if this breaks, 3220 may be exposed
3220–3235 🔵 Major Daily Demand – matches Weekly BOS and potential reversal zone
📈 Current Price Action Notes:
Price is pushing away from 3290, aiming toward 3340–3360, where we may see the first intraday test of resistance.
A clean break above 3360 would open space toward 3380–3395, where FVG and EMA50 could slow price.
If price fails to hold above 3290, it may revisit 3250–3265 for a deeper liquidity sweep.
🧠 Flow Outlook for Monday:
Bullish scenario:
Price holds above 3290 and forms higher low → potential to reach 3360–3380 intraday. If that breaks, we target 3395.
Bearish scenario:
If we reject below 3340 and lose 3290 again, price may head back toward 3250–3235 for stronger demand testing.
📌 Summary of Levels (For May 12):
Type Price Zones Notes
Resistance 3448–3500 Premium HTF rejection zone
3380–3395 FVG + EMA confluence
3340–3360 Near-term intraday resistance
Support 3284–3292 Daily demand, bullish reaction confirmed
3250–3265 Key intraday demand & bounce zone
3220–3235 HTF daily demand + structure base