# 🟡 GOLD (XAU/USD) Weekly Open Analysis – H2 Structure
**Date:** 2025/08/11
**Timeframe:** 2H (Heikin Ashi)
**Style:** Smart Money Concept (SMC) + Supply/Demand + Price Action
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## 📊 Market Context
At the weekly open, gold price has started trading above the **upper parallel channel** where last week's close was printed. This level acts as a short-term **bullish bias zone**.
Simultaneously, the **Dollar Index (DXY)** opened at lower levels, showing signs of weakness. Historically, a falling DXY often supports upward movement in gold, and we may see a reaction as mapped in the chart.
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## 🔍 Key Technical Levels
- **Upper CHOCH Breakout Zone:** ~**3,399 – 3,400**
- **Major Supply Zone:** ~**3,440 – 3,445**
- **Demand Zone #1:** **3,345 – 3,350** (POI)
- **Demand Zone #2:** **3,320 – 3,330** (FVG completion)
- **Final Demand Floor:** **3,260 – 3,265**
---
## 📈 Bullish Scenario (Primary)
1. **Condition:** CHOCH breakout above **3,400** with a bullish BOS confirmation.
2. **Entry Zone:** Retest near **3,399 – 3,402** after breakout.
3. **Targets:**
- 🎯 TP1: **3,420**
- 🎯 TP2: **3,432**
- 🎯 TP3: **3,445** (Major Supply)
4. **Invalidation:** Close back below **3,395** after breakout attempt.
---
## 📉 Bearish Scenario (Alternative)
1. **Condition:** Price fails to break the upper CHOCH and rejects from **3,399 – 3,400**.
2. **Expected Move:** Drop towards **Demand Zone #1** (**3,345 – 3,350**).
3. **If Demand #1 Fails:** Continuation towards **Demand Zone #2** (**3,320 – 3,330**).
4. **Final Target in Deep Drop:** **3,260 – 3,265** (lowest demand line in chart).
---
## ⚠️ Analysis Validity
> This analysis remains valid **as long as the upper CHOCH is not broken to the upside**.
> If the CHOCH breaks and a bullish BOS forms, the bearish path will be invalidated, shifting the focus to the upside targets.
---
📌 **Note:** Always combine with DXY monitoring – a significant DXY rally could limit gold’s bullish potential.
#XAUUSD #GoldAnalysis #SMC #SupplyDemand #CHOCH #BOS #TradingView
**Date:** 2025/08/11
**Timeframe:** 2H (Heikin Ashi)
**Style:** Smart Money Concept (SMC) + Supply/Demand + Price Action
---
## 📊 Market Context
At the weekly open, gold price has started trading above the **upper parallel channel** where last week's close was printed. This level acts as a short-term **bullish bias zone**.
Simultaneously, the **Dollar Index (DXY)** opened at lower levels, showing signs of weakness. Historically, a falling DXY often supports upward movement in gold, and we may see a reaction as mapped in the chart.
---
## 🔍 Key Technical Levels
- **Upper CHOCH Breakout Zone:** ~**3,399 – 3,400**
- **Major Supply Zone:** ~**3,440 – 3,445**
- **Demand Zone #1:** **3,345 – 3,350** (POI)
- **Demand Zone #2:** **3,320 – 3,330** (FVG completion)
- **Final Demand Floor:** **3,260 – 3,265**
---
## 📈 Bullish Scenario (Primary)
1. **Condition:** CHOCH breakout above **3,400** with a bullish BOS confirmation.
2. **Entry Zone:** Retest near **3,399 – 3,402** after breakout.
3. **Targets:**
- 🎯 TP1: **3,420**
- 🎯 TP2: **3,432**
- 🎯 TP3: **3,445** (Major Supply)
4. **Invalidation:** Close back below **3,395** after breakout attempt.
---
## 📉 Bearish Scenario (Alternative)
1. **Condition:** Price fails to break the upper CHOCH and rejects from **3,399 – 3,400**.
2. **Expected Move:** Drop towards **Demand Zone #1** (**3,345 – 3,350**).
3. **If Demand #1 Fails:** Continuation towards **Demand Zone #2** (**3,320 – 3,330**).
4. **Final Target in Deep Drop:** **3,260 – 3,265** (lowest demand line in chart).
---
## ⚠️ Analysis Validity
> This analysis remains valid **as long as the upper CHOCH is not broken to the upside**.
> If the CHOCH breaks and a bullish BOS forms, the bearish path will be invalidated, shifting the focus to the upside targets.
---
📌 **Note:** Always combine with DXY monitoring – a significant DXY rally could limit gold’s bullish potential.
#XAUUSD #GoldAnalysis #SMC #SupplyDemand #CHOCH #BOS #TradingView
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.
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.