🥇 XAU/USD — London Session Setup
GOLD $4,318 | 4H
📉 Structure: Bearish short-term — price rejected the $4,390–4,400 area and is forming lower highs. The latest 4H candle is testing $4,315.
🎯 Key levels for London:
🔴 Resistance: $4,340–4,360
🔴 Major resistance: $4,380–4,400
🟢 Support: $4,300–4,315
🟢 Next support: $4,280–4,260
⚔️ Trading plan:
LONG only if price reclaims $4,360 and holds → targets $4,380 → $4,400.
SHORT if price rejects $4,340–4,360 → targets $4,315 → $4,300.
🔻 A clean break below $4,300 could expose $4,280–4,260.
⚠️ London open may bring a liquidity sweep first. Avoid chasing the first breakout; wait for confirmation/retest.
Macro backdrop is also worth watching: higher-for-longer U.S. rate expectations are currently weighing on gold.
Bias: 📉 Sell-the-rally below $4,360 | Bullish only after reclaim
👉TRADE $XAU HERE👇
GOLD $4,318 | 4H
📉 Structure: Bearish short-term — price rejected the $4,390–4,400 area and is forming lower highs. The latest 4H candle is testing $4,315.
🎯 Key levels for London:
🔴 Resistance: $4,340–4,360
🔴 Major resistance: $4,380–4,400
🟢 Support: $4,300–4,315
🟢 Next support: $4,280–4,260
⚔️ Trading plan:
LONG only if price reclaims $4,360 and holds → targets $4,380 → $4,400.
SHORT if price rejects $4,340–4,360 → targets $4,315 → $4,300.
🔻 A clean break below $4,300 could expose $4,280–4,260.
⚠️ London open may bring a liquidity sweep first. Avoid chasing the first breakout; wait for confirmation/retest.
Macro backdrop is also worth watching: higher-for-longer U.S. rate expectations are currently weighing on gold.
Bias: 📉 Sell-the-rally below $4,360 | Bullish only after reclaim
👉TRADE $XAU HERE👇
