GOLD (XAU/USD) – Intraday Technical Outlook | November 11, 2025GoldOANDA:XAUUSDHenrybillionGold continues its strong bullish momentum, extending from the previous breakout structure on the H1 timeframe. The market has respected the ascending trendline, forming higher highs and higher lows, confirming short-term buyer dominance. Currently, price is testing the resistance zone around 4147 – 4187, which aligns with a Fibonacci extension level and a potential exhaustion point from the recent impulse wave. Traders should pay close attention to price action signals within this area for possible reactions. Key Technical Levels: Resistance: 4187 – 4200 (Fib 1.618 & psychological zone) Support: 4116 – 4130 (trendline + previous consolidation zone) Trading Plan: Scenario 1 (Bullish Continuation): If price sustains above 4147 with strong volume and bullish momentum, the next target will be 4187, followed by 4210. Scenario 2 (Correction Setup): A rejection from 4187 could trigger a short-term pullback toward 4116, providing potential buy-the-dip opportunities along the trendline support. Indicators Insight: EMA Cluster (50–100): Still sloping upward, confirming bullish bias. RSI: Near overbought region, signaling caution for late buyers. Fibonacci 0.618 retracement: Lies near 4115, aligning with our first support zone. Gold remains in an uptrend, but with price nearing key resistance, traders should manage risk carefully and wait for confirmation before entering. Stay alert for volatility during the U.S. session and remember: reaction matters more than prediction. Follow for more daily gold trading strategies and updates.