💸️🏅London Open Levels | 17 Aug 2026 :
DXY & Gold Setup :
DXY keeps weakening after breaking lower, while Gold continues its recovery after the mid-August pullback. Here are the key levels for the London session.
DXY (US Dollar Index) :
Current: 99.473
🔸Resistance: 99.60 – 99.80 (previous support now acting as resistance)
🔸Major resistance: 100.00
🔸Support: 99.20 – 99.00
Bias: Soft.
As long as price stays below 99.80, downside pressure remains. A clean break of 99.00 would open deeper levels.
XAUUSD (Gold) :
Current: ~4,397
🔸Resistance: 4,420 – 4,440 (prior swing highs)
🔸Support: 4,360 – 4,340 (recent 4H demand zone)
🔸Stronger support: 4,300
Bias: Constructive.
Gold has reclaimed the mid-range. Holding above 4,360 keeps the recovery intact. A break above 4,440 opens room toward 4,480–4,500.
Correlation Note :
DXY weakness continues to act as a tailwind for Gold.
Any sharp bounce in DXY back above 99.80 would create short-term headwinds for XAU.
Focus on the reaction at DXY 99.20–99.00 and Gold 4,360 / 4,440.
Trading Advice:
🔸Avoid chasing the first 30–45 minutes of London liquidity
🔸Wait for clear acceptance above or below key levels
🔸Reduce size on the open — volatility can spike
🔸Risk management first, directional bias second
🔸Stay disciplined. Levels over opinions.
Which side are you leaning this week — DXY soft or Gold continuation?
TRADE $XAU here👇
DXY & Gold Setup :
DXY keeps weakening after breaking lower, while Gold continues its recovery after the mid-August pullback. Here are the key levels for the London session.
DXY (US Dollar Index) :
Current: 99.473
🔸Resistance: 99.60 – 99.80 (previous support now acting as resistance)
🔸Major resistance: 100.00
🔸Support: 99.20 – 99.00
Bias: Soft.
As long as price stays below 99.80, downside pressure remains. A clean break of 99.00 would open deeper levels.
XAUUSD (Gold) :
Current: ~4,397
🔸Resistance: 4,420 – 4,440 (prior swing highs)
🔸Support: 4,360 – 4,340 (recent 4H demand zone)
🔸Stronger support: 4,300
Bias: Constructive.
Gold has reclaimed the mid-range. Holding above 4,360 keeps the recovery intact. A break above 4,440 opens room toward 4,480–4,500.
Correlation Note :
DXY weakness continues to act as a tailwind for Gold.
Any sharp bounce in DXY back above 99.80 would create short-term headwinds for XAU.
Focus on the reaction at DXY 99.20–99.00 and Gold 4,360 / 4,440.
Trading Advice:
🔸Avoid chasing the first 30–45 minutes of London liquidity
🔸Wait for clear acceptance above or below key levels
🔸Reduce size on the open — volatility can spike
🔸Risk management first, directional bias second
🔸Stay disciplined. Levels over opinions.
Which side are you leaning this week — DXY soft or Gold continuation?
TRADE $XAU here👇