Gold continues to hold strong buying pressure despite the recovery of the USD (DXY). The market is now waiting for today’s key US economic releases during the New York session:
📊 USD Prelim GDP q/q → Forecast: 3.1% (Prev. 3.0%)
📊 USD Unemployment Claims → Forecast: 231K (Prev. 235K)
🔎 Possible Scenarios
1️⃣ If US data comes out strong → Gold could break down from the rising channel, targeting the VPOC 3374, and with heavier pressure even dip towards the 335x zone (though this might be harder to achieve).
2️⃣ If US data is weak / neutral → Gold is likely to continue its bullish leg, aiming at 3392 – 3398 and potentially extending to 342x – 343x to retest the previous ATH.
📌 Key Levels to Watch
Resistance: 3398 – 3400 → breakout could fuel a quick rally into 342x – 343x
Support: 3374 → break below opens room to 335x
Buy Zone: Watching for a sharp dip into 335x – 337x for clean long setups
🎯 MMFLOW Strategy
👉 Priority remains: wait for a liquidity grab / sharp dip to BUY in line with the broader trend.
👉 Be cautious — with this being the main economic release of the week, volatility can spike aggressively when the numbers hit.
🔥 What do you think?
Will Gold break higher into new ATHs, or will we see a liquidity sweep first before the next leg up?
💬 Share your view in the comments — let’s trade smart together!
Trade active
📌 XAU/USD RecapGold missed our entry by just 8 pips, pushed up to 3322.2 and then dropped hard to the 340x zone. 🎯
👉 View was on point, but once again the market avoided our entry.
No worries — we stay patient and wait for today’s setup. 🚀
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⚜️ Trade with Money Market Flow, logic, Price action 📉📈
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 15 Signals VIP
Get quality daily trading signals and plans here
JOIN NOW
t.me/+1rXbCGqCUAoyMmU9
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 15 Signals VIP
Get quality daily trading signals and plans here
JOIN NOW
t.me/+1rXbCGqCUAoyMmU9
Related publications
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.