Gold (XAU/USD) Analysis – 1D

🏛 1. Current Market Structure

🚀 Gold reached a peak at $3,500 following Trump’s tariff announcement, triggering a sharp bullish reaction.
🔻 This move was followed by a strong correction, leading price back down to key structural support zones.

🌍 2. Bigger Picture Outlook

📉 This violent retracement allowed the market to revisit accumulation areas, including tested supply zones and bullish OTE levels.
🔎 Price seems to be stabilizing now, suggesting a potential directional move could emerge once structure confirms.

🔍 3. Key Technical Observations

⬜️ Supply Zone: A structural area of interest now acting as potential support.
🟦 Bullish OTE: Located lower, it serves as a final line of defense in case of further downside.
📐 Descending trendline is currently being tested — a breakout would confirm bullish momentum shift.

🎯 4. Short-Term Expectations

📉 Controlled pullback scenario:
Price may revisit the supply zone, or even dip into the OTE, to consolidate before a bullish breakout.

📈 Confirmed bullish scenario:
A clean break above the trendline and recent highs would validate a strong reversal and aim again for $3,500+.

🔥 5. Upcoming Catalysts

📰 Geopolitical or economic updates linked to the US (tariffs, inflation).
📊 Institutional reaction to tested support zones.
💡 Volume confirmation on structural breakout.

✅ Conclusion

👉 After a sharp rejection from a geopolitical news-driven spike, gold is now retesting major support zones.
📍 Three key levels to watch:

The Supply Zone

The 50% retracement

The Bullish OTE

🔎 Price action around these areas will determine whether this is just a pullback — or the start of a new bullish leg.