🔥 GOLD + DXY | LONDON OPEN
Monday week open
🥇 XAUUSD (4H): $3,901.46 | −0.13%
💵 DXY (Daily): 101.74 | −0.22%
Gold has slipped below $3,965 and is testing the $3,900 area after reaching a low near $3,901. The 4H chart continues to show lower highs from the $4,190 peak, so the structure remains weak. Gold is still below $3,910, even with the dollar easing.
The softer DXY hasn’t been enough to lift gold so far. It’s trading around 101.74–101.99. A move back above 101.80 could add pressure to gold near $3,900; a break below 101.74 may give gold room for a relief bounce.
🎯 Key gold levels
• Resistance: $3,910 / $3,925 / $3,950
• Support: $3,901 / $3,880 / $3,850
📌 Levels to watch
🔻 Bearish setup: Rejection around $3,910–$3,925, or a 4H close below $3,901. A firmer DXY above 101.74, especially if it pushes through 101.80, would support this view. Next levels: $3,880, then $3,850.
🔺 Countertrend setup: Gold reclaims and holds above $3,910, while DXY falls below 101.74. Potential levels to watch: $3,925, then $3,950.
⚠️ Monday’s London open can bring gap risk and sharp moves. $3,900 is the key area. Consider waiting for confirmation and managing risk carefully.
NFA.
TRADE $XAU HERE👇
Monday week open
🥇 XAUUSD (4H): $3,901.46 | −0.13%
💵 DXY (Daily): 101.74 | −0.22%
Gold has slipped below $3,965 and is testing the $3,900 area after reaching a low near $3,901. The 4H chart continues to show lower highs from the $4,190 peak, so the structure remains weak. Gold is still below $3,910, even with the dollar easing.
The softer DXY hasn’t been enough to lift gold so far. It’s trading around 101.74–101.99. A move back above 101.80 could add pressure to gold near $3,900; a break below 101.74 may give gold room for a relief bounce.
🎯 Key gold levels
• Resistance: $3,910 / $3,925 / $3,950
• Support: $3,901 / $3,880 / $3,850
📌 Levels to watch
🔻 Bearish setup: Rejection around $3,910–$3,925, or a 4H close below $3,901. A firmer DXY above 101.74, especially if it pushes through 101.80, would support this view. Next levels: $3,880, then $3,850.
🔺 Countertrend setup: Gold reclaims and holds above $3,910, while DXY falls below 101.74. Potential levels to watch: $3,925, then $3,950.
⚠️ Monday’s London open can bring gap risk and sharp moves. $3,900 is the key area. Consider waiting for confirmation and managing risk carefully.
NFA.
TRADE $XAU HERE👇
