GOLD Weekly Open Analysis:Gap Down Sparks Fresh Bearish Momentum

🟠 GOLD (XAU/USD) – Weekly Open Analysis: Gap Down Sparks Fresh Bearish Momentum
Gold opens the week with a sharp gap-down, reflecting a cooling of global tensions and softer tones in tariff negotiations over the weekend. With both geopolitical risks and trade conflicts showing signs of de-escalation, investors quickly shifted away from safe-haven demand, leading to immediate downside pressure in early Asia hours.

🔍 Market Context:
The price action remains within a bearish parallel channel on the M30 timeframe.

A visible GAP ZONE has formed between $3326 – $3328, which now acts as a key resistance area to watch for a potential retest.

This week brings critical US economic data including CPI, PPI, and a Fed speech, all of which could drive large volatility.

The market is likely to remain extremely sensitive to any shifts in:

US inflation expectations

FED forward guidance

Further headlines on tariffs or geopolitical escalations (Russia–Ukraine, India–Pakistan)

🔧 Trading Strategy for Today (13/05/2025):
Bias: Short-term bearish unless clear reversal signs appear.
Primary focus: Sell the rally, especially near key resistance zones.

🔺 Key Resistance Levels:
$3288

$3308

$3326–$3328 (Gap Fill Zone)

🔻 Key Support Levels:
$3262

$3246

$3236

$3200

🎯 Trade Ideas:
🔵 BUY ZONE:
Entry: $3246 – $3244
SL: $3240
TPs: $3250 → $3254 → $3258 → $3262 → $3266 → $3270 → $3280

Valid only if buyers show strong defense at key support zones.

🔴 SELL ZONE (Main):
Entry: $3326 – $3328
SL: $3332
TPs: $3322 → $3318 → $3314 → $3310 → $3305 → $3300

🔴 SELL SCALP (Early Intraday):
Entry: $3306 – $3308
SL: $3312
TPs: $3300 → $3296 → $3290 → $3286 → $3282 → $3278 → $3270

⚠️ Key Reminders:
Volatility is expected to remain high throughout the week due to macro events and shifting risk sentiment.

Trade with discipline — stick to your TP/SL and avoid emotional entries.

Wait for confirmation at your planned levels. Let the market come to you.

📣 Final Note:
This week is packed with catalysts. Patience and precision will define successful trades. Follow this account for real-time updates as the market reacts to US CPI and Fed commentary.