Gold Regains Momentum Key Trading Setups Ahead of Volatile Week

📌 Gold Regains Momentum – Key Trading Setups Ahead of Volatile Week 🔥📊
📈 Technical Overview
Gold (XAU/USD) started the week with a strong recovery after last week’s sharp drop. Price is currently stabilizing near the major support zone around 3,274 – 3,292, forming a fresh consolidation range that could lead to a bullish continuation — if key support holds.

Last week’s weaker-than-expected US employment data weakened the Dollar Index (DXY), supporting a rebound in gold. However, the market remains cautious ahead of today’s ADP Non-Farm Employment release, which could serve as a directional catalyst.

So far, gold is trading sideways, with mild corrective pullbacks, waiting for clear confirmation from upcoming data.

🔍 Key Support & Resistance Levels
Resistance: 3,336 – 3,352 – 3,357 – 3,366

Support: 3,305 – 3,292 – 3,274

🎯 Trade Setups for Today
🔵 BUY ZONE
Entry: 3,274 – 3,276
SL: 3,270
TP: 3,284 → 3,291 → 3,301 → 3,336

📝 A deeper dip into the 3,274 area could offer another long opportunity, but confirmation is key before entering.

🔴 SELL ZONE 1
Entry: 3,350 – 3,352

SL: 3,356

TP: 3,346 → 3,342 → 3,338 → 3,334 → 3,330 → 3,320
📝 Watch for rejection near 3,350. If price fails to break above, this zone could offer a solid intraday short.

🔴 SELL ZONE 2
Entry: 3,366 – 3,368
SL: 3,372
TP: 3,362 → 3,358 → 3,354 → 3,350 → 3,345 → 3,340

📝 If price is unable to hold above 3,366 resistance, look for sell opportunities targeting a drop back to 3,350 and below.

⚠️ Important Notes
Today’s session may be volatile due to ADP Non-Farm Employment expectations.

Geopolitical tension in Asia may also impact gold, so remain alert to surprise headlines.

Apply strict SL/TP risk management as markets prepare for Friday’s NFP release.

✅ Conclusion
We’re entering a pivotal session where gold is testing key zones just ahead of critical employment data. Use tight stops and clear confirmations for all trades.

🚨 Trade with discipline — stay patient, and be prepared for volatility.

💬 What’s your setup for today’s gold session? Watching for a breakout or fading the highs? Drop your view below! 👇👇👇