📌 Gold Surges $80 off Support – Watching Key Resistance for Intraday Sell Plays 📉📈
Gold (XAU/USD) bounced sharply today — surging over 80 points from the support zone near $3,260, swept during the late U.S. session. This strong rebound came as buyers stepped in aggressively after a 250+ point crash earlier in the week.
Now, the market is pulling back from the 0.382 Fibonacci retracement zone, showing early signs of sell-side reaction. If this momentum continues, Asian and London sessions could push price lower to fill liquidity in the untested FVG region near 3,288.
🔁 Intraday Structure & Key Zones
After sweeping both sides of the range (80 up / 40 down), gold is now consolidating between 3,328 – 3,320. With intraday volatility ranging from 80–100 points, today’s focus will be on high-probability reaction zones.
🔴 SELL Bias for Today
Primary Resistance: 3,376 – 3,378
→ This zone is expected to act as the first defense for sellers.
If broken, watch the final resistance at 3,410 — a key structural level.
→ A clean breakout above 3,410 may invalidate the sell setup and shift the bias back to BUY.
🔍 News to Watch
⚠️ Unemployment Claims (U.S.) will be released during the New York session.
→ Given current market sensitivity, expect volatility to spike around this release.
🧭 Today’s Trading Zones
🟢 BUY ZONE
Entry: 3,230 – 3,228
SL: 3,224
TP Targets: 3,234 → 3,238 → 3,242 → 3,246 → 3,250 → 3,254 → 3,260
🔻 SELL ZONE #1
Entry: 3,376 – 3,378
SL: 3,382
TP Targets: 3,372 → 3,368 → 3,364 → 3,360 → 3,355 → 3,350
🔻 SELL ZONE #2
Entry: 3,408 – 3,410
SL: 3,414
TP Targets: 3,402 → 3,398 → 3,394 → 3,390 → 3,386 → 3,382 → 3,375 → 3,370
🛡️ Risk Management Note
The market remains extremely volatile and headline-driven. Stick to your trading plan and always respect TP/SL levels to protect your capital — especially during high-impact news releases.
💬 Are you planning to sell into resistance or wait for a deeper pullback to buy? Share your setups and ideas below! 👇👇👇
Gold (XAU/USD) bounced sharply today — surging over 80 points from the support zone near $3,260, swept during the late U.S. session. This strong rebound came as buyers stepped in aggressively after a 250+ point crash earlier in the week.
Now, the market is pulling back from the 0.382 Fibonacci retracement zone, showing early signs of sell-side reaction. If this momentum continues, Asian and London sessions could push price lower to fill liquidity in the untested FVG region near 3,288.
🔁 Intraday Structure & Key Zones
After sweeping both sides of the range (80 up / 40 down), gold is now consolidating between 3,328 – 3,320. With intraday volatility ranging from 80–100 points, today’s focus will be on high-probability reaction zones.
🔴 SELL Bias for Today
Primary Resistance: 3,376 – 3,378
→ This zone is expected to act as the first defense for sellers.
If broken, watch the final resistance at 3,410 — a key structural level.
→ A clean breakout above 3,410 may invalidate the sell setup and shift the bias back to BUY.
🔍 News to Watch
⚠️ Unemployment Claims (U.S.) will be released during the New York session.
→ Given current market sensitivity, expect volatility to spike around this release.
🧭 Today’s Trading Zones
🟢 BUY ZONE
Entry: 3,230 – 3,228
SL: 3,224
TP Targets: 3,234 → 3,238 → 3,242 → 3,246 → 3,250 → 3,254 → 3,260
🔻 SELL ZONE #1
Entry: 3,376 – 3,378
SL: 3,382
TP Targets: 3,372 → 3,368 → 3,364 → 3,360 → 3,355 → 3,350
🔻 SELL ZONE #2
Entry: 3,408 – 3,410
SL: 3,414
TP Targets: 3,402 → 3,398 → 3,394 → 3,390 → 3,386 → 3,382 → 3,375 → 3,370
🛡️ Risk Management Note
The market remains extremely volatile and headline-driven. Stick to your trading plan and always respect TP/SL levels to protect your capital — especially during high-impact news releases.
💬 Are you planning to sell into resistance or wait for a deeper pullback to buy? Share your setups and ideas below! 👇👇👇
⚜️ Trade with Money Market Flow, logic, Price action 📉📈
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 15 Signals Vip
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 15 Signals Vip
Related publications
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.
⚜️ Trade with Money Market Flow, logic, Price action 📉📈
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 15 Signals Vip
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 15 Signals Vip
Related publications
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.