🔥 GOLD & DXY | LONDON OPEN
🥇XAUUSD 4H: ~$3,964 (−0.04%)
💸DXY Daily: 103.02 (+0.17%)
Gold has slipped below $4,000 and is testing the $3,958 area, the session low. The 4H chart is still making lower highs after the rejection near $4,190. For now, this looks more like continued downside pressure than a confirmed bounce. Gold remains below $3,972 while the dollar stays firm.
💵 DXY is the key to watch. At 103.02, it’s approaching the 103.10 supply zone. If DXY holds above 102.80, gold rallies may continue to face selling pressure. A break below 102.80 could open the door to a relief bounce in gold.
🎯 Gold levels
• Resistance: $3,972 / $4,000 / $4,050
• Support: $3,958 / $3,950 / $3,900
💡 London plan — watch DXY first
🔻 Short bias below $3,972
• Watch for rejection in the $3,972–$4,000 zone, or a 4H close below $3,958.
• The setup looks stronger if DXY holds above 102.80 and pushes toward 103.10.
→ Targets: $3,950, then $3,900.
🔺 Longs are counter-trend
• Gold needs to reclaim and hold above $3,972.
• DXY also needs to break below 102.80.
→ First targets: $4,000, then $4,050.
⚠️ $3,965 is the near-term pivot. No need to chase the first bounce while DXY remains above 102.80. Wait for confirmation and keep risk tight.
👉TRADE $XAU HERE👇
🥇XAUUSD 4H: ~$3,964 (−0.04%)
💸DXY Daily: 103.02 (+0.17%)
Gold has slipped below $4,000 and is testing the $3,958 area, the session low. The 4H chart is still making lower highs after the rejection near $4,190. For now, this looks more like continued downside pressure than a confirmed bounce. Gold remains below $3,972 while the dollar stays firm.
💵 DXY is the key to watch. At 103.02, it’s approaching the 103.10 supply zone. If DXY holds above 102.80, gold rallies may continue to face selling pressure. A break below 102.80 could open the door to a relief bounce in gold.
🎯 Gold levels
• Resistance: $3,972 / $4,000 / $4,050
• Support: $3,958 / $3,950 / $3,900
💡 London plan — watch DXY first
🔻 Short bias below $3,972
• Watch for rejection in the $3,972–$4,000 zone, or a 4H close below $3,958.
• The setup looks stronger if DXY holds above 102.80 and pushes toward 103.10.
→ Targets: $3,950, then $3,900.
🔺 Longs are counter-trend
• Gold needs to reclaim and hold above $3,972.
• DXY also needs to break below 102.80.
→ First targets: $4,000, then $4,050.
⚠️ $3,965 is the near-term pivot. No need to chase the first bounce while DXY remains above 102.80. Wait for confirmation and keep risk tight.
👉TRADE $XAU HERE👇
