XAU/USD Below Pivot, Eyes on 3352 for Bullish Clarity
Gold remains pressured under the 3347 pivot and the 3352 resistance, aligning with the 1h–2h supply zone. Despite brief upside attempts, price action still struggles to gain bullish momentum.
A clear 4H close above 3352 is essential to confirm any bullish shift toward 3365. Until then, the sentiment stays bearish, especially with repeated rejections from the pivot and supply zone.
Failure to reclaim 3352-3365 could trigger further downside towards 3320 and 3295, with the support line sitting at 3295.
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Key Levels
Resistance: 3352 · 3365 · 3400
Support: 3320 · 3295 · 3264
Pivot: 3347
Gold remains pressured under the 3347 pivot and the 3352 resistance, aligning with the 1h–2h supply zone. Despite brief upside attempts, price action still struggles to gain bullish momentum.
A clear 4H close above 3352 is essential to confirm any bullish shift toward 3365. Until then, the sentiment stays bearish, especially with repeated rejections from the pivot and supply zone.
Failure to reclaim 3352-3365 could trigger further downside towards 3320 and 3295, with the support line sitting at 3295.
⸻
Key Levels
Resistance: 3352 · 3365 · 3400
Support: 3320 · 3295 · 3264
Pivot: 3347
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.