August 6, 2025 - XAUUSD GOLD Analysis and Potential Opportunity

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Summary:
We’re still in a bullish market, with no signs of a major reversal and last month’s low still holding. The overall strategy remains buying on dips. On the upside, 3390 is the key resistance to watch today — if broken, the next target is the 3400 psychological level. However, if 3400 is rejected again, it may offer a high-risk-reward short setup. On the downside, 3350 remains the most critical support zone for now.

📍 Key Levels to Watch:
• 3434 – Resistance
• 3420 – Resistance
• 3405 – Resistance
• 3400 – Psychological resistance
• 3390 – Intraday key resistance
• 3375 – Support
• 3371 – Support
• 3365 – Support
• 3350 – Psychological support
• 3345 – Support

📈 Intraday Strategy
SELL below 3375, targeting 3371, then 3365, 3358, 3350
BUY above 3385, targeting 3390, then 3394, 3400, 3405

👉 If you find this helpful or traded using this plan, a like would mean a lot and keep me motivated. Thanks for the support!
Disclaimer: This is my personal view, not financial advice. Always use proper risk control.

Disclaimer

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