Gold Outlook – The Range Holds, Direction Still Pending

2 182
📆 What happened recently?
Since the middle of last week, I’ve been repeating the same core idea like a broken record:
👉 “Gold needs to break out of the range to define its next real move.”

And once again, on Friday, XAUUSD respected the structure, fluctuating quietly and closing the week right in the middle of the range — no breakout, no confirmation.

📈 Current status:
The new week opened with some bullish interest, and at the time of writing, Gold trades around 3363. Still inside the box.

So far, no technical change, and certainly no resolution.

What am I watching for?

A clear break above 3375 → confirms bullish continuation
A decisive break below 3320 → confirms reversal potential
Until then, everything in between is noise and chop.

🧭 Trading plan:
My stance remains unchanged:
⏳ No position. No bias. Just waiting.
Once we get confirmation in either direction, I’ll take action.

📌 Conclusion:
Gold is still locked inside the range. The market is coiling, but no side is winning yet.
Patience here is a weapon — and I’m keeping it loaded. 🚀

Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Trade active
Gold clearly broke up and is trading at 3387 at this moment
3370-3375 is now support

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.