🔹 1. Gold (xAU/USD) Candle Pattern
The current candle that is playing out is a bearish one (around 3328–3330) being formed in the OBS Buy Zone (liquidity M15).
This region is also labeled as potential reversal/buy area, so it is possible that buyers start to get involved here to move the price up.
This demand area is supposed to promote a bullish trend reversal as indicated by the chart below.
🔹 2. Important Levels Explained
📍 Support Zones (Buy Levels)
3,328.935 → OBS Buy Zone (Liquidity M15) → strong support in the near term.
3,325.390 → Secondary support level.
3,321.793 → Additional support.
3,319.238 → Middle of liquidity CP Zone (demand zone).
3,314.286 - End liquidity / Strong Buy Zone.
➡️These are levels where price may b
ounce upward.
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📍 Resistance Zones (Sell Levels)
3,337.432 → Initial resistance (react here).
3,343.480 → CP Zone M30 (supply).
3,350.413 = Strong resistance / Supply level.
3,356.825 → Higher resistance.
3.365375 → Main resistance (FIB Extension zone).
➡️ These are levels where price may face selling pressure.
🔹 3. Buy & Sell Trading Strategy
✅ Buy Entries (Long Trades)
First buy zone: 3,328 – 3,325
Target 1 → 3,337
Target 2 → 3,343
Stronger buy: 3,319 – 3,314
Target 1 → 3,337
Target 2 → 3,343–3,350
Target 3 → 3,356–3,365
❌ Sell Entries (Short Trades)
Sell around 3,343–3,350 resistance zone (CP Zone + H1 Resistance).
Target → 3,328–3,325
If price reaches 3,356–3,365, strong sell opportunity.
Target → 3,343 → 3,328
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🔹 4. Chart Outlook
Market is currently in a retracement phase.
As long as 3,314–3,319 zone holds, bias is bullish toward 3,343–3,365.
If 3,314 breaks, price may fall further (bearish continuation).
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👉 In summary:
Current candle is bearish, but sitting in a buy zone.
Best buy levels: 3,328 → 3,325 → 3,319 → 3,314.
Best sell levels: 3,343 → 3,350 → 3,356 → 3,365.
