xau/usd

Wait 5 sec.

xau/usdGOLD (US$/OZ)TVC:GOLDsmohdyusuf66XAU/USD remains under strong bearish pressure on the 15-minute chart, with sellers maintaining control after a series of lower highs and lower lows. Price has declined sharply from the 4,240 region and is currently trading near the key support zone around 4,181. The chart highlights a potential buy setup, with an entry near 4,181, a stop loss at 4,190, and an upside target around 4,214. This creates an attractive risk-to-reward ratio if buyers step in at support. The marked demand zone around 4,178–4,182 could act as a liquidity area where institutional traders may accumulate positions before a rebound. A successful defense of this level may trigger a recovery toward the 4,214 resistance zone. However, if price breaks below support decisively, bearish momentum could extend further. Traders should watch for bullish confirmation candles and increased buying volume before entering long positions. Overall, the short-term outlook suggests a possible corrective bounce, but the broader intraday trend remains bearish until resistance levels are reclaimed.