10/08/2025
π XAUUSD Weekly Outlook β Strategic Levels to Watch
Gold (XAUUSD) has approached a key supply zone near 3,400 after a strong bullish momentum from the demand base at 3,240. Price action suggests potential short-term rejection from this zone, followed by a healthy pullback toward the demand area around 3,320 before the next bullish leg.
π Key Insights:
Supply Zone: 3,395 β 3,420 (Potential selling pressure)
Demand Zone: 3,310 β 3,330 (Possible buy interest)
Bias: Medium-term bullish after pullback confirmation
Targets: 3,445 β 3,460 if bullish structure holds
π Trading Plan: Wait for price to react at supply, monitor pullback into demand, and look for bullish confirmations before entering long positions.
β οΈ Risk management is essential β Always trade with a plan.