Technical Analysis: XAU/USD (Gold) Price Action

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๐Ÿ“Š Technical Analysis: XAU/USD (Gold) Price Action
๐Ÿ•’ Timeframe: 4H (Based on candlestick structure)
๐Ÿ“… Published: May 27, 2025
๐Ÿ’ฐ Current Price: 3,303.860

๐Ÿ”ด Major Resistance Zone
๐Ÿ“ 3,480 โ€“ 3,500

๐Ÿ“Œ Seen with red arrows and price rejections.

๐Ÿ“‰ Strong selling pressure has occurred twice from this level (double top-like behavior).

โ— Until price breaks above this, bulls face a major hurdle.

๐ŸŸฃ Key Mid-Level Zone (S/R Flip)
๐Ÿ“ 3,340 โ€“ 3,360

๐Ÿ”„ This area has flipped between support and resistance.

๐Ÿ”ธ Price tested this level recently and pulled back (orange circle), suggesting sellers are active.

๐Ÿ”ฎ This is the pivot zone โ€“ watch for break/rejection to determine next trend leg.

๐ŸŸช Main Support Zone
๐Ÿ“ 3,180 โ€“ 3,220

โœ… Multiple bounce reactions visible (green arrows and circles).

๐Ÿ’ช This zone has held strong; indicates solid buyer interest.

๐Ÿ“‰ If price returns here and breaks below, we could see further downside to 3,120 or lower.

๐Ÿงญ Market Structure Summary
๐Ÿ” The market is in a range-bound structure between 3,220 โ€“ 3,360, with spikes towards 3,480.

๐Ÿ”ƒ The recent higher low followed by rejection at mid-resistance suggests potential distribution.

๐Ÿง  Forecast Scenarios
๐Ÿ”ต Bullish Scenario (Blue Path)

Break above 3,360 โ†’ Retest as support โ†’ ๐Ÿ“ˆ Potential rally to 3,480

๐Ÿ“ Target: 3,480+

๐ŸŸข Confirmation: Strong bullish engulfing candle + volume surge

๐Ÿ”ป Bearish Scenario (Blue-Arrow + Orange Circle)

Rejection at current resistance โ†’ Drop toward 3,220

๐Ÿ“ Target: Main Support zone

โ— Watch for bearish candle pattern confirmation at 3,340

โš–๏ธ Trading Strategy Tips
๐Ÿ” Wait for confirmation at the mid-resistance before entering.

๐Ÿ›ก๏ธ Place stops below support zones for long positions.

๐Ÿ’ฅ Aggressive short sellers may look to enter near 3,340 with tight stops above.

๐Ÿงฉ Conclusion
The asset is in a critical decision zone. Whether it breaks higher toward the resistance or retraces to support will shape the next directional move. Traders should remain cautious, and let price action confirm bias before committing.

Trade active
snapshot

๐Ÿ“ˆ Market Momentum is Aligned โ€“ Stay Sharp and Engaged!
The market is currently moving in our favor and respecting key levels with precision. โœ…
This is a crucial time โ€” stay active, monitor price action closely, and be ready to act when opportunities arise. ๐Ÿ”
Discipline and focus will make the difference. Let the market come to you, and execute with confidence. ๐Ÿ’ผ๐Ÿ’ช

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