XAUUSD is still trading below the Ichimoku cloud, so the broader structure has not turned bullish yet. However, price is approaching a major demand area around 3,970–4,070, a zone that previously attracted strong buying and now becomes the main level I’m watching for a possible recovery.
Rather than buying around 4,140, I would prefer to see Gold retest this lower support zone first. If price reaches the area, holds above 3,970 and begins to show clear rejection, it could provide the base for a stronger rebound.
If buyers successfully defend this zone, my upside objective is:
🎯 Target: 4,465
Macro Market: the backdrop remains mixed but still offers support for Gold on deeper pullbacks. Expectations for an October Fed hike have fallen to around 20%, while the US Dollar remains relatively subdued and geopolitical uncertainty continues to support safe-haven demand. Elevated Treasury yields near 5.3% remain the main headwind.
A sustained H8 breakdown below 3,970 would invalidate this recovery setup.
AURICVERSE View: Gold is not bullish yet, but the 3,970–4,070 buy zone offers a much better location to watch for a reversal than current price. If buyers defend it and momentum returns, 4,465 becomes the next major recovery target.
風險提示：本文所述僅代表作者個人觀點，不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證，對於基於該內容所採取的任何行為，不承擔任何責任，除非另有書面明確說明。
暫無留言。 來發表第一則觀點吧。