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XAUUSD – Daily Trading Plan

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Hello Traders,

Gold is holding its structure in the Asian session. The key level today is 3708:

If price stays above this resistance, upside targets are 3750 and possibly 3780.

If price fails to break 3708 and reacts lower, watch for buying zones near 3650 or even the 355x area.

Fundamental Note

Last week’s correction was triggered by comments from the Fed Chair. The Fed does not want multiple rate cuts, and this week’s PCE data will be important for direction.

Trading Setups

Buy Setup
Entry: 3650 – 3653
SL: 3645
TP: 3662 – 3675 – 3690 – 3706 – 3725

Sell Setup 1
Entry: 3700 – 3703
SL: 3708
TP: 3690 – 3675 – 3662 – 3650 – 3633

Sell Setup 2
Entry: 3738 – 3740
SL: 3746
TP: 3725 – 3710 – 3700 – 3675 – 3650

Summary

Today’s plan focuses on buying dips in line with the main uptrend, while also monitoring 3708 closely for rejection signals.

Follow me for the latest updates when price action changes.

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