XAUUSD beautiful price action 😑😑😑Gold Spot / U.S. Dollar forum
XAUUSD beautiful price action 😑😑😑
GOLD Gold (XAUUSD) – Bullish SetupEntry: 3301
TPs: 3304 / 3307 / 3315
SL: 3296
Note: Price action indicates bullish momentum from 3301 zone.
XAUUSD Idea: 7/9: Failure to Break Above 33…
Good morning, everyone!
Yesterday, gold tested support and attempted a rebound but failed to break through resistance, followed by a second leg down that broke the support zone, invalidating the potential inverse head-and-shoulders pattern and resulting in a drop below the 3300 level.
On the daily (1D) chart, price has now broken below the MA60, signaling a further confirmation of the bearish structure.
However, due to the sharp drop, a double bottom or multi-bottom structure is forming on the 30-minute chart, which may be building momentum for a potential test of the 3321 resistance zone.
📌 Key focus areas:
If 3321 is broken and held, there is room for a short-term rebound to extend;
If 3321 holds as resistance, the current rebound is likely a short-selling opportunity.
Technically speaking, without the support of bullish news, if gold fails to reclaim and sustain above 3321, there is a strong chance of a further move lower—potentially down to 3220, where the weekly MA20 is located. A deeper decline could even test the 3200–3168 support zone.
📉 Therefore, the primary trading bias remains bearish, with sell-on-rebound as the preferred strategy until a stronger bullish signal emerges. Monitor the 3321 zone closely for direction confirmation.
GOLD "Good morning everyone, I hope you all are doing well and having a productive trading day ahead.
where do you think GOLD will be by tomorrow?
GOLD will be by tomorrow?
XAUUSD good morning traders
XAUUSD Gold sell now entry 3301 take profit 3295
take profit 3285
XAUUSD Buy range for me remains 3,200 - 3,260. Tp near 3,400 or more based on monthly candle closure.Therefore, if a reversal occurs now, I do prefer to miss this trade, the bearish backlash probability is too high and frankly too much.
XAUUSD Don't don't waste my target guys today confirm market 3320
GOLD Gold left huge FVG above soon it will be taken for now buy Gold with stop loss at recent low