🚨 Gold (XAUUSD) Intraday Setup
Gold Spot 3 Min Chart:
XAUUSD is currently trading near $3,340, bouncing strongly from the $3,337 – $3,336 demand zone.
Price is aiming toward the $3,342 – $3,343 intraday resistance. If this breaks, next major target lies near $3,349 supply zone.
On the downside, failure to hold $3,337 – $3,336 could trigger deeper selling pressure.
⚡️ Momentum:
Short-term structure is bullish after rejecting support.
Momentum remains positive above $3,337; a break below $3,336 flips bias bearish again.
🎯 Key Levels to Watch:
Support: $3,337 → $3,336
Resistance: $3,342 → $3,349
📌 Trade Idea (Scalp/Intraday):
Entry (Long): Above $3,337 support
Stop Loss (SL): 116 pips (below $3,336)
Take Profit (TP): 316 pips (towards $3,349)
