XAUUSD Professional Outlook

Wait 5 sec.

XAUUSD Professional OutlookGoldOANDA:XAUUSDMentor_Michael03XAUUSD Professional Outlook Gold has been carving out a strong bullish structure, showing resilience after multiple liquidity sweeps and rejections from deeper zones. The chart indicates that buyers continue to dominate, with price currently pressing toward a critical resistance region. 🔹 Key Observations Structure Alignment The market has successfully defended every higher low, proving the strength of buyers. Recent momentum confirms that demand zones are being respected while supply zones are gradually weakening. Support & Demand Control 3320 – 3330 stands as a major structural support, where liquidity was swept and buyers re-entered aggressively. Current buying zone around 3380 – 3400 is the short-term level where fresh orders may accumulate before continuation. Resistance in Focus The resistance block around 3415 – 3440 is the immediate test. A rejection here could trigger a controlled pullback, but the probability favors a bullish breakout given the ongoing higher-low pattern. Liquidity Dynamics Smart money has already cleared liquidity below the July swing. Market is now targeting liquidity pockets above, aligning with a push toward the 3440+ region. 🎯 Trading Scenarios Bullish Case (Higher Probability) Buy retracement toward 3380 – 3400, with upside targets at 3440 and extended 3480 – 3500 if breakout occurs. Bearish Risk Case Failure to hold above 3380 could push price back into 3320 demand, where the larger bullish thesis would be tested. 📝 Final Note Gold is operating in a controlled bullish cycle with momentum favoring buyers. As long as 3320 holds firm, dips remain buying opportunities, and the path of least resistance is upward. The upcoming test at 3440 will be decisive for either a strong continuation or a temporary pullback