XAUUSD – Gold Hits Major Supply Zone! Time for a Reversal?

Gold just tapped into a major supply zone between 3350 - 3355, previously respected as a strong area of rejection. Price has rallied aggressively into this level after consolidating between 3305 and 3252 for several sessions.

Now that we're back into this high-volume zone, we could be seeing smart money unloading positions.


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⚠️ Levels to Watch

🔵 Supply Zone (Resistance): 3350 – 3355 (Price is currently reacting here)

🔵 Mid-Level Support: 3305 – was resistance, now may flip as support

🟠 Demand Zone (Key Buy Area): 3250 – 3260

🔻 Arrows mark potential drop levels if price fails to hold above 3350.



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🧠 Smart Money Play?

This looks like a potential liquidity grab and reversal. Price ran into premium territory, triggered breakout buyers — and now, institutions might be looking to dump positions before pushing it lower.

If we see a bearish engulfing candle or a break back below 3335 with volume, it could confirm the reversal.


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📉 Trade Idea (NOT Financial Advice)

> Scenario 1: Bearish Rejection

Entry: 3349 – 3353

TP1: 3305

TP2: 3252

SL: 3357+




> Scenario 2: Bullish Breakout

Wait for a clean breakout + retest of 3355

Target: 3380 – 3400

SL: Below 3345





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🗓️ Upcoming USD Events

Three major news releases this week — volatility expected! (See icons on chart)


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💬 What’s Your Take on Gold?
Is this a trap for bulls, or are we about to see new highs?

Drop your thoughts below!
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