Gold Spot / U.S. Dollar
Short
Updated

Will We See a Break Down or a Sharp Rebound to Key Resistance?

401
XAUUSD – Will We See a Break Down or a Sharp Rebound to Key Resistance? | MMFlow Trading 🔥
Market Overview
Gold dropped sharply at the start of the week as profit-taking hit the market and late-week FOMO buyers from last week were stopped out.
Buy-side momentum has clearly slowed, and sellers are waiting for a confirmed breakdown from the rising channel to target lower liquidity zones around 335x and 333x.

At present, price is reacting around the 336x – 337x key support with an H1 long-wick candle showing buying pressure.

Trading Outlook

We need a clear breakdown confirmation (candle close with volume) before executing a short entry.

If price holds and fails to break, we could see a rebound back towards major resistance zones 339x – 340x – 342x.

This week is loaded with high-impact USD data – CPI & PPI – both strong inflation indicators that could put short-term pressure on gold if data comes out USD-positive.

📌 Trading Plan
BUY SCALP
Entry: 3353 – 3351
Stop Loss: 3345
Targets: 3358 → 3362 → 3366 → 3370 → 3375 → 3380

BUY ZONE
Entry: 3332 – 3330
Stop Loss: 3325
Targets: 3336 → 3340 → 3345 → 3350 → 3360 → 3370 → 3380

SELL SCALP
Entry: 3394 – 3396
Stop Loss: 3400
Targets: 3390 → 3385 → 3380 → 3370 → 3360

SELL ZONE
Entry: 3425 – 3427
Stop Loss: 3430
Targets: 3420 → 3415 → 3410 → 3405 → 3400 → 3390 → 3380

⚠ Risk Management Notes
This is a high-impact news week – expect false breakouts before and after CPI/PPI releases.
Avoid oversized positions into news; keep risk tight.

If price breaks above 3430 with strong volume, the current sell setup is invalid → wait for a new market structure before re-entering.
Trade active
🚀 GOLD – Missed the BUY SCALP by 10 pips… then the market ripped 100 pips!

📈 Chart link: snapshot

Traders, stick to the marked price zones and trade proactively.
If GOLD didn’t trigger your entry — don’t chase the move. Be patient and wait for the next setup.
This week, watch for SELL reaction at 3376–3378, SL at 3383, TP targeting the 3x zone.

Stay calm, trade your plan, and let the market come to you. 🔥
Trade closed: target reached
🔥 GOLD – Textbook BUY SCALP: +100 PIPS Secured!

📈 View the chart here:
snapshot

Summary:

Perfect Buy Scalp entry at 3353 – 3351.

Explosive move upward for +100 PIPS — Take Profit smashed.

Holding around 337x as we prepare for the next opportunity.

MMFlow Insight:
A clear example of precision trading — sticking to key levels pays off.
If you didn’t catch this move, don’t chase. The market always gives another chance.
Next potential correction target: 3x zone.

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