XAU/USD Price Action Update!

481
XAUUSD 30 min chart Analysis

🔹 Current Price: 2984
🔹 Fair Value Gap (FVG) Area – 2949 - 2946 zone Possible liquidity grab before the next move.
🔹 Clean Range – Below 2975 there is a possibility for a deeper retracement if this support breaks.

🧐 Scenario 1:
If price holds above the Key Zone which is at 2980, we might see another push toward recent high.

⚠️ Scenario 2:
If the price breaks below 2976 it's a sign that price may go further bearish till the FVG or the OB before some retracement

📊 Will gold continue its bullish trend, or are we heading for a correction? Drop your thoughts below! 👇🔥
Trade active
As we discussed market is sustaining above the key resistance zone that is at 2980 so its a very high probability that it will go bullish. We can enter in long from here setting our SL juts below the support zone at 2975
Trade closed: target reached
Look at Gold can close trade with 200+ pips profit from the key zone patience paid off, securing profits!

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