XAUUSD Daily Analysis – May 28, 2025
Gold (XAUUSD) has broken the previous market structure on the Daily Timeframe and is currently rebounding upward. The outlook is to gradually accumulate Sell positions, targeting Fibonacci retracement levels as follows:
TP1: 3272 (38.2% Fibonacci)
TP2: 3243 (50.0% Fibonacci)
TP3: 3214 (61.8% Fibonacci)
TP4: 3173 (78.6% Fibonacci)
The suggested Stop Loss (SL) is at 3322, just above the 23.6% Fibonacci level, where the price previously faced resistance.
This setup reflects a bearish bias based on price action and Fibonacci retracement zones, anticipating a downward continuation following the break of structure.
Gold (XAUUSD) has broken the previous market structure on the Daily Timeframe and is currently rebounding upward. The outlook is to gradually accumulate Sell positions, targeting Fibonacci retracement levels as follows:
TP1: 3272 (38.2% Fibonacci)
TP2: 3243 (50.0% Fibonacci)
TP3: 3214 (61.8% Fibonacci)
TP4: 3173 (78.6% Fibonacci)
The suggested Stop Loss (SL) is at 3322, just above the 23.6% Fibonacci level, where the price previously faced resistance.
This setup reflects a bearish bias based on price action and Fibonacci retracement zones, anticipating a downward continuation following the break of structure.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.