XAUUSD: Demand Holds, But Sellers Still Lead
Market Context
Gold is trading around 4,035 after reacting from the demand zone near the weekly bottom. Buyers are defending this area, but overall pressure remains bearish.
Stronger energy prices keep inflation concerns elevated, supporting a restrictive Fed outlook. At the same time, US-Iran tensions are boosting USD demand, limiting gold’s upside.
Key point: demand is holding, but buyers must reclaim 4,050 - 4,063 to strengthen the recovery.
Technical Structure
Gold is reacting from the Demand Zone at 4,015 - 4,025. This is the key support to hold.
Resistance sits at 4,050 - 4,063 (liquidity zone). Above that, the Main Supply Zone is 4,105 - 4,120.
If demand breaks, price may drop toward 3,980 - 3,990.
Key Levels
Current Price: 4,035
Demand Zone: 4,015 - 4,025
Liquidity Zone: 4,050 - 4,063
Supply Zone: 4,105 - 4,120
Weekly Low: 3,980 - 3,990
Bullish Above: 4,063
Bearish Below: 4,015
Trading Plan
Buy Scenario
Entry: 4,015 - 4,025
SL: Below 3,990
TP: 4,050 / 4,063 / 4,100
Condition: Hold demand + bullish confirmation. Only short-term buy.
Sell Scenario (Priority)
Entry: 4,050 - 4,063
SL: Above 4,085
TP: 4,035 / 4,020 / 3,990
Condition: Rejection at liquidity zone.
Sell at Supply
Entry: 4,105 - 4,120
SL: Above 4,140
TP: 4,063 / 4,035 / 4,015
Breakdown Sell
Entry: Below 4,015
SL: Above 4,035
TP: 3,990 / 3,980 / 3,960
Overall Bias
Gold is not bullish yet. Sellers still dominate unless price breaks above 4,063.
Best approach: wait for confirmation, avoid chasing.
Will gold break 4,063 or drop back below demand?
Market Context
Gold is trading around 4,035 after reacting from the demand zone near the weekly bottom. Buyers are defending this area, but overall pressure remains bearish.
Stronger energy prices keep inflation concerns elevated, supporting a restrictive Fed outlook. At the same time, US-Iran tensions are boosting USD demand, limiting gold’s upside.
Key point: demand is holding, but buyers must reclaim 4,050 - 4,063 to strengthen the recovery.
Technical Structure
Gold is reacting from the Demand Zone at 4,015 - 4,025. This is the key support to hold.
Resistance sits at 4,050 - 4,063 (liquidity zone). Above that, the Main Supply Zone is 4,105 - 4,120.
If demand breaks, price may drop toward 3,980 - 3,990.
Key Levels
Current Price: 4,035
Demand Zone: 4,015 - 4,025
Liquidity Zone: 4,050 - 4,063
Supply Zone: 4,105 - 4,120
Weekly Low: 3,980 - 3,990
Bullish Above: 4,063
Bearish Below: 4,015
Trading Plan
Buy Scenario
Entry: 4,015 - 4,025
SL: Below 3,990
TP: 4,050 / 4,063 / 4,100
Condition: Hold demand + bullish confirmation. Only short-term buy.
Sell Scenario (Priority)
Entry: 4,050 - 4,063
SL: Above 4,085
TP: 4,035 / 4,020 / 3,990
Condition: Rejection at liquidity zone.
Sell at Supply
Entry: 4,105 - 4,120
SL: Above 4,140
TP: 4,063 / 4,035 / 4,015
Breakdown Sell
Entry: Below 4,015
SL: Above 4,035
TP: 3,990 / 3,980 / 3,960
Overall Bias
Gold is not bullish yet. Sellers still dominate unless price breaks above 4,063.
Best approach: wait for confirmation, avoid chasing.
Will gold break 4,063 or drop back below demand?
Trade active
📌 Owen Steele · XAUUSD · SMC · Order Blocks · Liquidity
🕐Weekly outlook every Monday t.me/+up9c00DV6so3NWQ9
💬 Deeper analysis & real-time updates
🔔 Boost if this helped · t.me/+up9c00DV6so3NWQ9
🕐Weekly outlook every Monday t.me/+up9c00DV6so3NWQ9
💬 Deeper analysis & real-time updates
🔔 Boost if this helped · t.me/+up9c00DV6so3NWQ9
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📌 Owen Steele · XAUUSD · SMC · Order Blocks · Liquidity
🕐Weekly outlook every Monday t.me/+up9c00DV6so3NWQ9
💬 Deeper analysis & real-time updates
🔔 Boost if this helped · t.me/+up9c00DV6so3NWQ9
🕐Weekly outlook every Monday t.me/+up9c00DV6so3NWQ9
💬 Deeper analysis & real-time updates
🔔 Boost if this helped · t.me/+up9c00DV6so3NWQ9
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.