Gold XAUUSD Analysis 06.08.2025

222
Entry: 3373–3378 (on retracement into 1H supply zone)
Stop Loss: 3385 (above recent swing high)
Take Profit: 3352 (targeting previous low / 1H demand)
Bias: BearishRRR: ~2.5:1

Analysis:
Price showed strong rejection from the 3373–3378 supply zone. Expecting a pullback into this area before continuation lower. Bearish structure remains intact with clean lower highs. Plan is to sell the retracement, with SL above 3385. Targeting 3352, which aligns with prior demand and liquidity.

Kindly show support by following liking and commenting your favourite pair for analysis.

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.