XAUUSD โ€“ Key Levels To Watch? What Happend Next

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๐ŸŸก XAUUSD โ€“ Key Levels To Watch ๐Ÿ”ฅ What Happend Next

Gold is currently trading inside a buying zone (3380 โ€“ 3400) but facing rejection. Market structure is still holding higher lows, which keeps the bigger trend bullish, but short-term price action suggests a possible retracement move.

Resistance Zone: 3420 โ€“ 3440 (strong supply, previous rejection)

Key Support: 3330 โ€“ 3320 (major demand, higher low base)

Immediate Target: 3340 โ€“ 3360 (if rejection continues)

๐Ÿ“‰ Short-term bias: bearish correction toward 3340 โ€“ 3360
๐Ÿ“ˆ Swing bias: bullish as long as 3330 โ€“ 3320 holds

๐Ÿ”‘ My View:
Iโ€™ll be watching how price reacts around 3330 โ€“ 3320. Holding this level could trigger the next bullish leg toward 3420 โ€“ 3440. Losing it opens the door for deeper downside into 3280.

Penafian

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