Jun 10, 2026 - XAUUSD Analysis and Potential Opportunity

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Jun 10, 2026 - XAUUSD Analysis and Potential OpportunityGoldOANDA:XAUUSDOmbabibi📊 Summary: Bearish momentum remains very strong, and the nearest major support levels are still far below current price. Until a new support zone is tested and confirmed by buyers, attempting long positions carries significantly higher risk. For now, the overall strategy remains selling pullbacks where resistance holds. While a corrective bounce is always possible, I would only begin to consider bearish momentum weakening if price breaks and holds above 4274. 🔍 Key Levels to Watch: • 4285 – Resistance • 4274 – Bullish/Bearish Pivot Resistance • 4250 – Resistance • 4224 – Resistance • 4200 – Support • 4180 – Support • 4164 – Support • 4146 – Support 📈 5m Scalping Strategy: SELL: If price breaks below 4218 → target 4213, with further downside toward 4210, 4205, 4200 BUY: If price holds above 4225 → target 4229, with further upside toward 4233, 4238, 4240 If you find this helpful or traded using this plan, a like would mean a lot and keep me motivated. Thanks for the support!