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XAUUSD Gold Trading Strategy August 26, 2025XAUUSD Gold Trading Strategy August 26, 2025: Gold surged after Trump's move, initial short-term bullish technical conditions in the trend of accumulation status. Basic news: Gold surged after Trump's move, US President Donald Trump decided to remove Federal Reserve Governor Lisa Cook due to allegations that she falsified mortgage documents. This news affected the US Dollar index to fall sharply at the beginning of today's Asian trading session, while spot gold prices increased by nearly 35 USD. Technical analysis: Gold prices returned to the support area of ​​3345 - 3350 after increasing sharply as previously predicted. The rising price channel on the H1 frame has been formed, currently the MA lines and liquidity zones are still supporting the increase in gold prices. In addition, the Fib frames are still effective trading areas. Gold prices may approach the area of ​​3410 - 3420 this week. Important price zones today: 3353 - 3358 and 3340 - 3345. Today's trading trend: BUY. Recommended orders: Plan 1: BUY XAUUSD zone 3353 - 3355 SL 3350 TP 3358 - 3368 - 3388 - 3410. Plan 2: BUY XAUUSD zone 3340 - 3342 SL 3338 TP 3345 - 3355 - 3375 - 3400. Plan 3: SELL XAUUSD zone 3420 - 3422 SL 3425 TP 3417 - 3410 - 3400 - 3390 (small volume). Wish you a safe, successful and profitable trading day.🥰🥰🥰🥰🥰
OANDA:XAUUSD
by pigout
Elliott Wave Analysis – XAUUSD 26/08/2025 1. Momentum • D1 timeframe: Price is currently in the overbought zone. The ongoing bullish cycle has already produced 5 daily candles. Combined with the overbought condition, this suggests that upside momentum is weakening. If no strong breakout occurs within the next 1–2 days, it is likely that the market is still in a larger corrective phase on the daily chart. • H4 timeframe: Momentum has turned bearish, with strong selling pressure emerging right after wave 2 was considered complete. This is an unusual sign and raises caution for the bullish scenario. • H1 timeframe: Momentum is also about to turn bearish, which implies an incoming corrective pullback. This is not an encouraging signal at a stage where wave 3 is expected to develop. 2. Wave Structure • D1: The main scenario still follows the larger corrective triangle. Price is unfolding waves 1–2 (green), and the current bullish leg is expected to be wave 3 (green). However, the strength so far has not been convincing. Having already completed 5 D1 candles without a decisive breakout suggests weakness in the rally. • H4: The Asian session opened with a strong rally, but this momentum quickly faded and was followed by aggressive selling. Momentum reversed sharply, highlighting abnormal behavior for the expected uptrend. • H1: At the 3387 level, strong selling pressure appeared, whereas this should have been the breakout zone for wave 3 (black) after surpassing wave 1 (black). Ideally, price should have pushed straight toward 3403 to confirm the impulsive strength of wave 3. This unusual behavior suggests that wave 1 (black) actually completed at 3387, and the market is now in wave 2 (black). On the lower timeframe (M15), the current decline is forming an ABC structure, with the measured target for wave C at 3364 – a potential buy zone. If price falls back to 3350 and breaks below, the 1–2–3–4–5 (yellow) count will be invalidated. In that case, the market may be unfolding a larger corrective structure, and the wave count plan will need to be updated. 3. Trading Plan • Buy Zone: 3365 – 3363 • Stop Loss: 3349 • Take Profit 1: 3387 • Take Profit 2: 3403 ⚠️ Note: The stop-loss range is relatively wide, and momentum does not fully support the bullish wave scenario yet. Traders should consider carefully before entering directly.
OANDA:XAUUSDLong
by WavePoint_FX
Gold SMC Playbook 25/08 – Liquidity Hunt at 3400 & 3325Market Context (SMC Perspective) Price is consolidating near 3367 after a strong impulsive move upward and is currently reacting around a minor resistance area. Clear ChoCH and BOS patterns indicate bullish intent on the H1 timeframe; however, liquidity pools still lie below 3343 and 3325 (buy-side liquidity). Imbalance zones spotted: 3343–3341 and a deeper order block zone around 3325–3323. Key Levels Resistance (Supply): 3372 – 3382 – 3389 Support (Demand): 3350 – 3342 – 3325 SMC Bias: Mixed – Opportunities to Play Both Long & Short Around Liquidity 🔴 SELL Scenario (Short-Term Liquidity Grab) Entry: 3400 – 3403 (above local liquidity sweep) Stop Loss: 3408 Targets: TP1: 3390 (partial) TP2: 3380 TP3: 3370 TP4: 3360 (opens 3350 liquidity zone) Rationale: Expecting a sweep above 3400 into supply, followed by mitigation and a sell-off. 🟢 BUY Scenario (Bullish Continuation from Demand OB) Entry 1 (Scalp Buy): 3343 – 3341 (reactive zone), SL 3337 Entry 2 (Main OB): 3325 – 3323 (strong OB), SL 3319 Targets: TP1: 3330 TP2: 3340 TP3: 3350 TP4: 3370 (opens 3390 liquidity) Rationale: Price may retrace below 3340 to fill imbalance and mitigate the 3325 OB before the next bullish leg. Execution Plan (SMC Flow): Wait for a liquidity sweep at highs or lows (above 3400 or below 3325) with proper confirmation. Look for ChoCH and BOS signals on LTF (M5–M15) around OB zones for entry confirmation. Trail stop loss after TP1 is hit; take partial profits and hold the remaining position toward the final liquidity target.
OANDA:XAUUSDShort
by Ryan_TitanTrader
Elliott Wave Analysis – XAUUSD 24/8/2025 Momentum • D1 timeframe: Momentum is still rising → High probability that price will continue its bullish move on Monday. • H4 timeframe: Momentum remains bullish → Price is expected to keep rising early in the week to complete wave (3) in yellow. • H1 timeframe: Momentum is heading into the oversold zone → The short-term correction is nearing its end, we look for buy opportunities. Wave Structure • D1 timeframe: Friday’s strong bullish candle reinforces the scenario that wave (1) and (2) in blue are complete, and wave (3) in blue may already be forming. We need price to break above the top of wave (1) in blue to confirm the development of wave (3). • H4 timeframe: Price rallied sharply and broke above the top of wave (1) in yellow → This confirms price is currently in wave (3) in yellow. With momentum on H4 still rising, wave (3) likely has more room to continue. • H1 timeframe: The corrective ABC structure has completed, followed by a sharp and steep rally (as projected in Friday’s plan). Price broke above 3350 – the top of wave (1) in yellow → Confirming the scenario that price is in wave (3) in yellow. o Minimum target for wave (3) in yellow: 3387. o Principle: Do not counter-trade wave (3); instead, wait for wave (4) correction to look for buy entries in wave (5). Trading Strategy With H1 approaching the oversold zone and showing a mild correction, we have two options for entries: 1. Breakout: Wait for price to break above the small descending trendline as shown on the chart → Enter breakout buy. 2. Pullback entry: Wait for price to retrace to the 3362 area → Buy from there. Trade Plan: • Buy Zone: 3364 – 3361 • Stop Loss: 3354 • Take Profit: o TP1: 3378 o TP2: 3387 o TP3: 3403
OANDA:XAUUSDLong
by WavePoint_FX
XAU/USD: Rally Strengthened by News FlowGold remains in a positive stance after the “dovish” signals from the Fed at Jackson Hole, with expectations of a September rate cut gaining traction. As a result, the US Dollar has weakened, providing additional support to XAU/USD. On the chart, price has rebounded from the 3,313 support zone and is now eyeing the key resistance around 3,405. A decisive break above this level could extend the rally towards 3,440 – an area that has previously attracted heavy selling pressure. On the other hand, any minor pullback would likely be seen as a “buy-the-dip” opportunity within the current uptrend. With alignment between fundamentals and technicals, XAU/USD is flashing a clear bullish signal, making it favourable for traders to ride the upward momentum.
OANDA:XAUUSDLong
by Rocky_trade_
1
Gold – Weekly Opening Update Gold – Weekly Opening Update Hello traders, Gold is holding firm after last week’s strong rally. As mentioned in my earlier analysis, gold has completed an ABC Elliott Wave structure beautifully, with wave C pushing higher and meeting the original target perfectly. As the new week begins, the market has opened quietly, with price consolidating around 3368. At this stage, gold is in an accumulation phase, and traders are waiting for a clear confirmation before taking fresh positions. Gold has formed a minor resistance at 3359. If price breaks below this level, it could act as a short-term sell confirmation, with possible entries around 3366. On the other hand, if gold holds steady or breaks above last week’s resistance high, the bias will shift to long-term buying opportunities. Even if a sell plays out after breaking 3359, the next strong buy zone sits around 3345, aligned with the ascending trendline. Since price is still within the flag pattern, trading is expected to remain focused on the market’s major liquidity zones. On the D1 chart, the structure continues to favour the upside bias. Any selling setups should be kept to short scalping plays for better risk control and higher accuracy. This is my personal outlook for Monday’s session. Trade carefully and manage your account with discipline. What’s your view on gold to start the week? Share your thoughts in the comments so we can learn together
OANDA:XAUUSDLong
by BrianLionCapital
Technical analysis projection for XAU/USD 25.08.25Chart Overview Type: Daily candlestick chart of XAU/USD. Current Price: Around 3,369 USD/oz. Bias: Bullish (Buy projection). 📊 Key Technical Highlights Trendline & Pattern A major ascending triangle pattern is visible. Price is respecting a major upward trendline (Day Uptrend Line). Recently, a Double Bullish Engulfing candle formed near the trendline support – a strong bullish reversal signal. Support & Resistance Levels Support S1: Around 3,360 – 3,370 (close to current price). Support S2: Around 3,330 – 3,340 (stronger downside support). Resistance R1: Around 3,410 – 3,420. Resistance R2: Around 3,450 – 3,460. A Flat Resistance Zone exists between 3,400 – 3,420. Bullish Signals Bullish Momentum Formed: Price has bounced from support, forming upward momentum. Major Trendline Obeyed: Price tested the uptrend line and respected it, confirming bullish structure. Double Bullish Engulfing Pattern: Reinforces buying strength. 🟢 Projection Path (Bullish Scenario) From the current price (3,369): Expect a move toward Support S1 confirmation. Break above Flat Resistance Zone (3,400 – 3,420). Target Resistance R2 at 3,450 – 3,460. 🔴 Risk (Bearish Scenario) If price fails to hold Support S1, it may retest Support S2 (~3,340). A break below 3,330 would invalidate this bullish outlook and may push gold further down. ✅ Summary: This chart shows a bullish projection for gold with price expected to rise from the current level 3,369 → 3,450, supported by an ascending triangle pattern, bullish engulfing signals, and strong trendline support.
OANDA:XAUUSDLong
by kripsonfx97
XAUUSD Gold Trading Strategy August 25, 2025XAUUSD Gold Trading Strategy August 25, 2025: The market revolved around the FED and Trump, gold rose at the end of last week and was limited by the 0.236% Fib level. Fundamental news: Mr. Powell's unexpectedly dovish remarks reinforced the market's hopes for a rate cut in September. As a result, the US Dollar Index fell sharply on Friday, reversing the upward trend of the first 4 trading days of the week. Moreover, the strong increase on Friday also pushed the gold price to skyrocket nearly 36 USD during the week. Technical analysis: After a strong increase when it had compressed enough force in the bullish pattern and broke the downtrend channel on the H1 frame, the gold price at the beginning of this week's trading session is having a correction phase. The uptrend of gold is still maintained. The liquidity zones combined with FIB support and MA lines will now be our trading area. The gold price is very likely to return to the old ATH zone of 3500 this week. Important price zones today: 3345 - 3350 and 3330 - 3335. Today's trading trend: BUY. Recommended orders: Plan 1: BUY XAUUSD zone 3345 - 3347 SL 3342 TP 3350 - 3360 - 3370 - 3390. Plan 2: BUY XAUUSD zone 3330 - 3332 SL 3327 TP 3335 - 3345 - 3355 - 3390. Wish you a safe, successful and profitable trading week.🌟🌟🌟🌟🌟
OANDA:XAUUSD
by andgay
Gold Trading Strategy for next Monday✅ 4-Hour Analysis Gold has converted the previous key resistance zone of 3348–3350 into the primary support level, serving as the first line of defense for the bulls. Even if there is a brief intraday breakdown, it can be regarded as a technical adjustment. On the upside, close attention should be paid to the 3400 psychological level, which is the critical resistance that will determine whether the bullish trend can extend further. ✅ 1-Hour Analysis The moving average system has formed a golden cross signal, indicating stronger short-term bullish momentum. Combined with Powell’s dovish remarks and rising expectations for a Fed rate cut, gold has risen as expected and successfully stabilized, further reinforcing the 3350 support level. Therefore, a short-term pullback toward this area could still provide buying opportunities. 🔴 Resistance Levels: 3390–3400 🟢 Support Levels: 3350–3355
OANDA:XAUUSD
by GoldTradingPros
Part 1 Ride The Big Moves Call and Put Options in Action Call Option Example Reliance is trading at ₹2500. You buy a 1-month call option with strike price ₹2550, premium ₹50, lot size 505. If Reliance rises to ₹2700 → Profit = (2700 - 2550 - 50) × 505 = ₹50,500. If Reliance falls below 2550 → You lose only the premium (₹25,250). Put Option Example Nifty is at 20,000. You buy a 1-month put option, strike 19,800, premium 100, lot size 50. If Nifty falls to 19,200 → Profit = (19,800 - 19,200 - 100) × 50 = ₹25,000. If Nifty rises above 19,800 → You lose premium (₹5,000). Participants in Options Trading Option Buyer – Pays premium, has limited risk and unlimited profit potential. Option Seller (Writer) – Receives premium, has limited profit and potentially unlimited risk. Example: Buyer of call: Unlimited upside, limited loss (premium). Seller of call: Limited profit (premium), unlimited loss if stock rises.
TVC:GOLDEducation
by SkyTradingZone
Gold Spot (XAU/USD) – 4H Chart AnalysisCurrently, Gold is trading at $3,371 after a strong bullish push. Price action is forming a symmetrical triangle pattern, with resistance from the descending trendline (red) and support from the ascending trendline (green). Key levels to watch: 🔴 Resistance: $3,377 – $3,380 (confluence with trendline & horizontal resistance) 🟢 Support: $3,310 (strong horizontal support zone) The RSI (14) is currently at 68.45, approaching the overbought region, which could suggest a short-term pullback unless strong momentum continues. 📌 Bullish Scenario: A breakout above $3,380 could open the door for continuation toward $3,420 – $3,440. 📌 Bearish Scenario: Failure to break resistance may lead to a retest of the $3,310 support, and a breakdown below could push price toward $3,260. ⚖️ Overall, Gold is consolidating within a tightening range – a breakout is likely soon. Traders should watch for confirmation before entering positions.
OANDA:XAUUSD
by sooryakanthsuresh
Gold Technical Analysis: Navigating Key Support ?The Gold chart shows a 30-minute timeframe analysis, highlighting recent price consolidation and potential future trends. The analysis suggests a potential V-shape recovery for gold. Key Levels: The price is currently at a critical juncture, having tested a support zone around 3,326 - 3,333 USD. This zone has proven to be a strong base. Above it, a significant resistance zone is identified between 3,349 - 3,353 USD. Further up, another major resistance is at approximately 3,389 USD. Price Action: The price has recently experienced a sharp decline and is now in a consolidation phase. The chart projects a potential bounce from the current levels, indicated by the black curved arrow, with the target being the upper resistance zone around 3,389 USD. The green shaded box illustrates the potential upward movement from the current position. Conclusion: Gold appears to be at a key support level and could be poised for a rally if it successfully breaks above the immediate resistance zone. Bitcoin (BTC/USDT) 4-Hour Chart Analysis The Bitcoin chart shows a 4-hour timeframe analysis, focusing on a short-term uptrend channel. Key Levels: The price is trading within an ascending channel. A significant support zone is identified between 112,000 - 114,000 USDT. A "weak supply zone" is marked around 118,000 USDT, which is currently acting as support. A major resistance is at approximately 124,564 USDT. Price Action: After a strong push towards the channel's upper boundary, the price has pulled back and is now retesting the "weak supply zone." The blue and red arrows project two possible scenarios: a bounce back up towards the channel's high, or a deeper retracement towards the channel's lower trendline. The price movement appears to be following the blue projected path. Indicators: The Ichimoku cloud and RSI strategy are used to confirm the trend and identify entry/exit points. The price is above the Ichimoku cloud, indicating a bullish trend. Conclusion: Bitcoin is at a pivotal point within its uptrend channel. Its ability to hold the 118,000 USDT level will be crucial for a potential re-test of the 124,564 USDT resistance.
FX:XAUUSDLong
by Pipshunter27
Gold Analysis and Trading Strategy | August 22✅ After a period of consolidation, gold posted a strong bullish candlestick today, sparking short-term bullish sentiment. Our buy positions placed in the 3323–3326 range also successfully gained nearly 300 pips. Overall, gold remains in a wide high-level consolidation range (around 3310–3400). 🔹 Moving Averages: MA5 and MA10 have formed a golden cross, but the price is still capped by MA20 and MA60, meaning the medium-term trend has not fully reversed yet. 🔹 Indicators: MACD shows a bullish crossover at the lows, but histogram momentum has not expanded; RSI is near the mid-range, reflecting strong competition between bulls and bears. ✅ On the 4-hour chart, gold rebounded sharply after bottoming at the 3311 level, reaching as high as 3378, but faced rejection at upper resistance. It is now consolidating between 3340–3375. The Bollinger Bands are slightly opening, and price is trading around the mid-band. If gold can hold above 3350–3360, it may continue toward 3375–3400. However, a drop below 3340 could trigger further downside risk. 🔴 Resistance Levels: 3380–3384 🟢 Support Levels: 3355–3360 ✅ Trading Strategy Reference: 🔰 If price pulls back and holds at 3355–3360, consider light long positions, targeting 3375–3380. 🔰 If price rebounds to 3380–3385 and faces rejection, consider light short positions, targeting 3370–3360. 🔰 If price breaks above and holds 3375–3380, further upside toward 3400 is possible.
OANDA:XAUUSD
by GoldTradingPros
Sell Gold with SL of 3390Gold Technical Outlook – Post Jackson Hole Despite expectations that the Jackson Hole Symposium and renewed talk of rate cuts might lift bullion, gold has failed to decisively cross its key resistance at $3,388. This inability to break higher indicates that near-term bullish momentum is weakening. 🔎 Market & Technical Context Resistance: Multiple technical analyses (DailyForex, OANDA, FXOpen) confirm that $3,388–$3,390 remains the critical ceiling for gold. A sustained break above could open the path toward $3,500, but until then, sellers dominate. Support Zones: Initial support is seen around $3,330–$3,328, aligning with the 100-day SMA. Deeper downside levels lie at $3,280–$3,270, which also coincides with strong trader interest. Bearish Trigger: InvestingLive highlights that a failure at $3,388 often activates a short trade setup, reinforcing the bearish risk below this zone. 📉 Outlook & Scenarios If resistance at $3,388 holds, gold is likely to correct lower toward $3,330 and potentially retest $3,280–$3,265. A close above $3,390 would negate this bearish view and could revive upside momentum toward $3,450–$3,500. 📝 Summary Gold’s inability to rally past its critical resistance—despite supportive macro headlines—suggests the market may already be pricing in rate cut optimism. Unless $3,388 is broken decisively, the bias leans toward a correction. Key Levels: Resistance: $3,388–$3,390 Support: $3,330, then $3,280–$3,265
FX:XAUUSDShort
by riticonsultancy
XAU/USD Price Action Zones & Trade Setup (Aug 20, 2025)Analysis: The market recently made a CHoCH (Change of Character), signaling a possible bearish structure. First Selling Zone (3340 – 3350): Strong resistance area where sellers may push price down. Second Selling Zone (3350 – 3360): A deeper liquidity grab area for confirmation shorts. First Buying Area (3308 – 3320): Demand zone where buyers might step in for a short-term bounce. Second Buying Area (3270 – 3280): Stronger demand, ideal for swing buy opportunities if price dips further. Price is currently around 3323, hovering near equilibrium, likely to retest selling zones before dropping to buying areas. 📈 Trade Plan: Sell Entries 🔹 First Short: Around 3340 – 3350 (First Selling Zone). 🔹 Second Short (confirmation): Around 3350 – 3360 (Second Selling Zone). 🎯 Targets: TP1: 3320 (First Buying Area) TP2: 3280 (Second Buying Area) 🛑 Stop Loss: Above 3365 Buy Entries 🔹 First Buy: Around 3310 – 3320 (First Buying Area) for a small bounce. 🔹 Second Buy (stronger): Around 3270 – 3280 (Second Buying Area). 🎯 Targets: TP1: 3340 (back to resistance) TP2: 3355 (liquidity above first selling zone) 🛑 Stop Loss: Below 3260
FX:XAUUSD
by Pipshunter27
Gold (XAU/USD) Intraday Buy Plan - ICT PerspectiveGold continues to respect bullish order flow on the higher timeframes, aligning well with the 4H bullish bias. Currently, price has created an Order Block (OB) at 3330.500, which provides the best intraday buy opportunity. --- 🔑 Key ICT Concepts in Play ✅ Order Block Alignment – The buy zone at 3330.500 sits perfectly within a higher-timeframe 4H order block, adding confluence to the setup. ✅ Liquidity Pool Above 3340 – There is a cluster of equal highs / liquidity pool sitting above 3340. Price is highly likely to target and sweep that zone. ✅ Liquidity Sweep Model – Once the 3330.500 OB holds, we can expect market makers to push price into the liquidity resting above 3340, with potential extension to 3347+. --- 📊 Trade Plan 📍 Buy Zone: 3330.500 (4H aligned Order Block) ⛔ Stop Loss: 3325.400 (below OB invalidation) 🎯 Target 1: 3340 (liquidity pool) 🎯 Target 2: 3347+ (extended liquidity sweep) --- ⚡ Notes for Intraday Traders Always wait for lower timeframe confirmation (5m or 1m CHoCH / BOS) at the OB for precision entry. Protect capital → move stop to breakeven once first liquidity is taken at 3340. This setup aligns with ICT’s Order Block + Liquidity Pool model, offering high RR potential. 👉 This is a textbook example of HTF bias + OB entry + liquidity sweep target, ideal for day traders using Smart Money Concepts.
OANDA:XAUUSD
by ExoFx-Subhash
Elliott Wave Analysis – BTCUSD 22/8/2025 Momentum • D1 timeframe: Momentum is currently in the oversold zone, with the downside range narrowing → suggesting the decline is slowing. This supports the potential for a short-term bullish rebound. • H4 timeframe: Momentum is turning upward, but the current strength is not yet enough to confirm a sustainable uptrend. Key signal: if H4 momentum enters the overbought zone and price breaks above the previous high, it will confirm a more solid bullish trend. • H1 timeframe: Momentum is turning down. Ideally, the pullback should not break below the 112k level. If this support holds, it would be the first signal of a possible bullish reversal. Wave Structure • D1 timeframe: Price has broken below the wave 4 low and is now reacting around this zone → confirming the risk of a longer-term corrective decline. However, D1 momentum still supports a short-term rebound in the form of wave B. This means we should avoid long-term Buy positions for now, and only treat upcoming upside moves as corrective rallies. • H4 timeframe: Price remains within a 5-wave structure (1–2–3–4–5, red). This could either be wave A of an ABC correction or wave 1 of a larger corrective structure. Further observation is needed. • H1 timeframe: A 5-wave structure (black) seems to be forming, with wave 5 potentially unfolding as an ending diagonal (triangle). Once this triangle completes, a sharp upward move is expected. Confirmation will come if price breaks above the 2–4 trendline. For now, watch for a break above 113.5k to trigger entry. Trading Plan • Stay patient and wait for a breakout above the 2–4 trendline on H1. • If confirmed, consider entering Buy positions to ride the corrective rebound.
OANDA:XAUUSDLong
by WavePoint_FX
Gold Analysis and Trading Strategy | August 21-22 ✅ On the daily chart, gold has shown signs of stabilization after consecutive declines, with support forming in the 3310–3320 range. After rebounding, it is currently capped by resistance around 3350–3360, keeping the price in a consolidation phase. Short-term moving averages (MA5/MA10) are flattening, suggesting weakening bearish momentum; however, the medium-term MA20 is still trending downward, indicating that a full trend reversal has not yet been confirmed. ✅ On the 4-hour chart, gold rebounded after bottoming out near 3311, reaching as high as 3352, and is now consolidating around 3340. Price action is hovering near the middle Bollinger Band, with narrowing bands signaling a short-term sideways pattern. The short-term trend remains mildly bullish; a breakout above 3350–3355 could pave the way for 3365–3375, while a drop below 3330 may signal renewed weakness. ✅ On the 1-hour chart, the price has been oscillating between 3337–3345, repeatedly testing upper resistance without a clear breakout. The MA5 and MA10 have converged multiple times, reflecting indecision and a lack of clear short-term direction. If the price fails to break above 3348–3352, it may retreat to test the 3330–3325 support area. 🔴 Resistance Levels: 3350–3355 / 3365–3375 🟢 Support Levels: 3330–3325 / 3310–3295 ✅ Trading Strategy Reference: 🔰 If gold approaches the 3350–3355 resistance, consider light short positions, targeting 3335–3330. A confirmed break below 3330 could open the way toward 3310. 🔰 If the price pulls back and holds in the 3330–3325 area, consider entering long positions, targeting 3350–3360. A breakout above 3360 could extend gains toward 3375–3380. 🔥Trading Reminder: Trading strategies are time-sensitive, and market conditions can change rapidly. Please adjust your trading plan based on real-time market conditions🤝
OANDA:XAUUSD
by GoldTradingPros