10/08/2025
๐ XAUUSD Weekly Outlook โ 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.
๐ Key Insights:
Supply Zone: 3,395 โ 3,420 (Potential selling pressure)
Demand Zone: 3,310 โ 3,330 (Possible buy interest)
Bias: Medium-term bullish after pullback confirmation
Targets: 3,445 โ 3,460 if bullish structure holds
๐ Trading Plan: Wait for price to react at supply, monitor pullback into demand, and look for bullish confirmations before entering long positions.
โ ๏ธ Risk management is essential โ Always trade with a plan.