The chart shows XAUUSD making a potential bullish recovery after rejecting from the lower demand zone near 3,345 – 3,350. Price has bounced back towards the 3,358 – 3,366 resistance area, which is a key supply zone marked by previous price rejections.
The projection suggests two possible bullish paths:
Aggressive Breakout – Price pushes directly above 3,366, targeting the upper resistance near 3,380.
Pullback & Continuation – Price retests the 3,358 level for support before moving higher towards 3,380.
Key Levels:
Support: 3,345 – 3,350
Resistance: 3,366 & 3,380
Bullish Confirmation: Strong close above 3,366
Bearish Risk: Drop below 3,345 could invalidate the bullish scenario
The projection suggests two possible bullish paths:
Aggressive Breakout – Price pushes directly above 3,366, targeting the upper resistance near 3,380.
Pullback & Continuation – Price retests the 3,358 level for support before moving higher towards 3,380.
Key Levels:
Support: 3,345 – 3,350
Resistance: 3,366 & 3,380
Bullish Confirmation: Strong close above 3,366
Bearish Risk: Drop below 3,345 could invalidate the bullish scenario
Trade active
Trade closed: stop reached
Market Analyst | Forex Mentor | XAUUSD Specialist
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• VIP Signals
• 1-on-1 Mentorship
• Professional Forex Course
• Affiliate Program
• Strategic Partnerships
Link to Join
t.me/Booming_bulls_10
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.
Market Analyst | Forex Mentor | XAUUSD Specialist
Services Offered:
• VIP Signals
• 1-on-1 Mentorship
• Professional Forex Course
• Affiliate Program
• Strategic Partnerships
Link to Join
t.me/Booming_bulls_10
Services Offered:
• VIP Signals
• 1-on-1 Mentorship
• Professional Forex Course
• Affiliate Program
• Strategic Partnerships
Link to Join
t.me/Booming_bulls_10
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.