📊 London Open Levels | Gold + DXY
Gold is still consolidating while the US Dollar has recovered above 100.
Current levels: Gold: $4,064 DXY: 100.04
️🏅Gold (XAUUSD) :
Price continues to trade sideways around 4,064–4,065.
Key levels for London session:
👉Support: 4,040 – 4,020
👉Stronger support: 4,000
👉Resistance: 4,100 – 4,120
On the daily timeframe, gold remains trapped inside the broader 4,000 – 4,120 range. No clear breakout yet.
💸DXY (US Dollar Index)
Important update today:
DXY has reclaimed the 100.00 level and is currently trading at 100.04.
Key levels:
👉Resistance: 100.50 – 100.80
👉Support: 99.50 – 100.00
The recovery in the dollar is reducing the previous supportive backdrop for gold. This is a key change compared to yesterday.
My Plan for London Open :
🔸Prefer waiting for clearer reaction at levels
🔸Longs only attractive on a pullback toward 4,040 – 4,020 if DXY fails to hold above 100
🔸Avoid chasing gold higher into 4,100 – 4,120 while DXY remains firm
🔸Still a range environment — no FOMO
Risk remains clearly defined. Patience is the edge.
$XAU
Gold is still consolidating while the US Dollar has recovered above 100.
Current levels: Gold: $4,064 DXY: 100.04
️🏅Gold (XAUUSD) :
Price continues to trade sideways around 4,064–4,065.
Key levels for London session:
👉Support: 4,040 – 4,020
👉Stronger support: 4,000
👉Resistance: 4,100 – 4,120
On the daily timeframe, gold remains trapped inside the broader 4,000 – 4,120 range. No clear breakout yet.
💸DXY (US Dollar Index)
Important update today:
DXY has reclaimed the 100.00 level and is currently trading at 100.04.
Key levels:
👉Resistance: 100.50 – 100.80
👉Support: 99.50 – 100.00
The recovery in the dollar is reducing the previous supportive backdrop for gold. This is a key change compared to yesterday.
My Plan for London Open :
🔸Prefer waiting for clearer reaction at levels
🔸Longs only attractive on a pullback toward 4,040 – 4,020 if DXY fails to hold above 100
🔸Avoid chasing gold higher into 4,100 – 4,120 while DXY remains firm
🔸Still a range environment — no FOMO
Risk remains clearly defined. Patience is the edge.
$XAU