Gold XAUUSD Possible Move 22 May 2025🧠 Technical Analysis
Price action recently broke down from a rising wedge formation—a classic bearish pattern—indicating a short-term correction. After forming a local top near the 3,345 supply zone, price is now retracing and approaching a key demand zone around 3,295/90–3,300, which previously acted as consolidation support before the breakout.
This zone also aligns with:
Previous demand / order block area.
Liquidity grab potential below minor structure.
Psychological round number 3,300.
If bullish structure forms (e.g., double bottom, bullish engulfing) in this zone, it would confirm buyers stepping back in.
Given the strong bullish momentum prior to the wedge, this current drop is likely a healthy retracement before continuation toward higher levels.
📈 Trade Setup (Buy Limit Idea):
Buy Entry: 3,295–3,300 (within demand zone)
Stop Loss: 3,285 (below zone, structure invalidation)
Take Profit 1: 3,320 (first supply reaction level)
Take Profit 2: 3,345 (prior high/supply zone)
Take Profit 3: 3,355 (liquidity sweep above highs)
Risk-Reward: ~2.5R to TP2
Confirmation Tip: Look for bullish price action (e.g., bullish engulfing, break of minor structure) on M5–M15 before entering.
