Gold Spot / U.S. Dollar
Short
Updated

XAUUSD Key Reaction Zone With Clean Price Action Drop

111
Gold is currently reacting from a strong price zone near 3374–3380, which previously showed signs of supply. After multiple rejections, price formed a shift in structure and is now pulling back into the same zone.

The market is respecting this area with a clear reaction, and signs of a short-term reversal are visible. A possible downside target rests near the 3348–3342 region, aligning with previous demand and price imbalance areas.

This setup aligns with current macro support for gold but allows for intraday corrections. Watch for confirmation before execution.
Trade active
✅ Target halfway reached.
🔒 Stop moved to Entry (Break-Even).
💡 Trade is now risk-free.
📊 Watching for continuation toward full target.
⏳ Momentum holding steady for now.
📈 No major reversal signs yet.
🔍 Monitoring price closely.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.