XAUUSD The sharp downside spike into 4308 was a liquidity grab, not a breakdown. Buyers stepped in aggressively, flipping momentum and pushing price back into a controlled bullish leg. Current pullback is corrective, not impulsive — suggesting continuation toward higher resistance if structure holds.
Key Scenarios
✅ Bullish Case 🚀
As long as price holds above 4332–4335, upside remains active toward:
🎯 4350
🎯 4365
🎯 4375 (Major Resistance Zone)
❌ Bearish Case 📉 (Invalidation)
A clean break and close below 4325 opens downside toward:
🎯 4312
🎯 4308 (Liquidity Base)
Current Levels to Watch
Resistance 🔴: 4350 → 4365 → 4375
Support 🟢: 4335 → 4325 → 4308
⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.
Trade closed: target reached
Elise Golden Spark ✨
💬 Private Trading Space And Daily Gold thoughts
t.me/elisegoldenspark
💬 Private Trading Space And Daily Gold thoughts
t.me/elisegoldenspark
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.
Elise Golden Spark ✨
💬 Private Trading Space And Daily Gold thoughts
t.me/elisegoldenspark
💬 Private Trading Space And Daily Gold thoughts
t.me/elisegoldenspark
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.