📊 London Open Levels | Gold + DXY
Gold is pulling back while the US Dollar has edged back above 100.
Current levels:
️️🏅Gold: $4,376
💸DXY: 100.01
Gold (XAUUSD – 4H)
Price has corrected modestly and is currently trading at 4,376.
Key levels for London:
🔸Near-term support: 4,350 – 4,320
🔸Secondary support: 4,300 – 4,280
🔸Resistance: 4,400 – 4,420
Higher timeframe structure remains intact as long as price holds above the 4,280–4,300 zone.
DXY (Daily)
The dollar has reclaimed the 100 level and is trading at 100.01.
Key levels:
🔹Resistance: 100.50 – 100.80
🔹Support: 99.80 – 99.50
The mild recovery in DXY adds a note of caution for gold in the short term.
Plan for London Session
🔹Bias: Still constructive on higher timeframe while above 4,280 🔹Preferred setup: Wait for clear reaction at 4,350 – 4,320 before looking for longs
🔹Avoid aggressive entries while DXY holds above 100
🔹Invalidation: Sustained break below 4,280
Patience remains the priority. Let price reach the level.
👉Please Trade $XAU here👇
Gold is pulling back while the US Dollar has edged back above 100.
Current levels:
️️🏅Gold: $4,376
💸DXY: 100.01
Gold (XAUUSD – 4H)
Price has corrected modestly and is currently trading at 4,376.
Key levels for London:
🔸Near-term support: 4,350 – 4,320
🔸Secondary support: 4,300 – 4,280
🔸Resistance: 4,400 – 4,420
Higher timeframe structure remains intact as long as price holds above the 4,280–4,300 zone.
DXY (Daily)
The dollar has reclaimed the 100 level and is trading at 100.01.
Key levels:
🔹Resistance: 100.50 – 100.80
🔹Support: 99.80 – 99.50
The mild recovery in DXY adds a note of caution for gold in the short term.
Plan for London Session
🔹Bias: Still constructive on higher timeframe while above 4,280 🔹Preferred setup: Wait for clear reaction at 4,350 – 4,320 before looking for longs
🔹Avoid aggressive entries while DXY holds above 100
🔹Invalidation: Sustained break below 4,280
Patience remains the priority. Let price reach the level.
👉Please Trade $XAU here👇