Gold (XAUUSD) – Market Update

XAUUSD failed to sustain its position above the previous support and broke below the zone with strong momentum. As a result, our previous buy setup is now invalidated. Meanwhile, the sell setup delivered around 1,000 pips in profit.

Gold is closing the market under these conditions. Assuming there is no major negative news impact before the market reopens, we could see a potential pullback toward the liquidity area around 3,922.

If price successfully breaks above this liquidity level, the next potential target is the previous support zone, which has now switched into resistance around 3,965 – 3,987.

For sell positions, we can wait for price to break below the lower liquidity area around 3,853. If this breakdown happens with clear confirmation, we can look for further sell opportunities, with the potential for additional downside continuation.

You can use this breakdown for your own analysis. Always do your own research and manage risk properly. This is not financial advice,