🔥 GOLD + DXY | LONDON OPEN
Monday week open :
🥇 XAUUSD (4H): $4,107.53 | +0.02%
💵 DXY (Daily): 102.04 | −0.23%
Gold is holding near $4,108, just below $4,110, after rebounding from around $3,880. The 4H chart still shows lower highs from the $4,190 peak, so this looks like a recovery holding above its lows—not a confirmed breakout. For now, price is caught between $4,105 and $4,111.
DXY has pulled back from 102.28 and is trading below 102.20, giving gold some support. If the dollar stays under that level, gold may have room to move above $4,111. A reclaim of 102.20 could put pressure back on the metal.
🎯 Key gold levels :
• Resistance: $4,111 / $4,125 / $4,150
• Support: $4,105 / $4,050 / $4,000
📌 London scenarios
🔺 Bullish: Gold holds above $4,105 and closes above $4,111 on the 4H chart, while DXY stays below 102.20. Next levels: $4,125, then $4,150.
🔻 Bearish: Gold is rejected around $4,111–$4,125 and DXY reclaims 102.20, with 102.50 in view. Next supports: $4,050, then $4,000.
⚠️ Monday’s open can bring gaps and sharp moves. $4,110 is the key line. Avoid chasing inside the $4,105–$4,111 range; wait for price and DXY to confirm. Manage risk carefully.
NFA.
TRADE $XAU HERE👇
Monday week open :
🥇 XAUUSD (4H): $4,107.53 | +0.02%
💵 DXY (Daily): 102.04 | −0.23%
Gold is holding near $4,108, just below $4,110, after rebounding from around $3,880. The 4H chart still shows lower highs from the $4,190 peak, so this looks like a recovery holding above its lows—not a confirmed breakout. For now, price is caught between $4,105 and $4,111.
DXY has pulled back from 102.28 and is trading below 102.20, giving gold some support. If the dollar stays under that level, gold may have room to move above $4,111. A reclaim of 102.20 could put pressure back on the metal.
🎯 Key gold levels :
• Resistance: $4,111 / $4,125 / $4,150
• Support: $4,105 / $4,050 / $4,000
📌 London scenarios
🔺 Bullish: Gold holds above $4,105 and closes above $4,111 on the 4H chart, while DXY stays below 102.20. Next levels: $4,125, then $4,150.
🔻 Bearish: Gold is rejected around $4,111–$4,125 and DXY reclaims 102.20, with 102.50 in view. Next supports: $4,050, then $4,000.
⚠️ Monday’s open can bring gaps and sharp moves. $4,110 is the key line. Avoid chasing inside the $4,105–$4,111 range; wait for price and DXY to confirm. Manage risk carefully.
NFA.
TRADE $XAU HERE👇
