07 Aug 2025
๐ XAU/USD Outlook โ Eyes on $3,400 Breakout ๐ฅ
Gold is showing strength, but bulls need a clean break above $3,400 to confirm momentum.
Right now, price is stuck around the $3,380โ$3,385 zone โ no clear direction yet.
๐ Bounce from the 200 SMA (4H) supports the bullish case,
but daily indicators are mixed, so we stay alert.
๐ Above $3,400 = targets at:
๐น $3,420โ$3,422
๐น $3,434โ$3,435
๐น Then possible retest of $3,500 ATH
๐ If price drops:
Support zones to watch โ
๐น $3,350
๐น $3,315
๐น $3,300
๐น $3,268 (monthly low)
โ ๏ธ No need to rush. We wait for confirmation, then move smart.
๐ฒ Full updates & signals: