XAUUSD - 30M Chart Analysis

📊 XAUUSD - 30M Chart Analysis

🔹 Current Price: $2,912
🔹 Market Structure: Ranging
🔹 Key Resistance Zone:

$2,934 - $2,944 → Strong selling zone, wait for confirmation before shorting.
🔹 Key Demand Zones (Potential Buy Areas):

$2,881 - $2,884
$2,867 - $2,872
$2,851 - $2,856
📈 Bullish Outlook:
✅ If price holds above $2,911, we may see a push towards $2,934 - $2,944.
✅ A break above $2,944 could open the way for higher highs.

📉 Bearish Outlook:
🔻 If price breaks below $2,911, the next target will be $2,881 - $2,884.
🔻 A deeper retracement could send price to $2,867 - $2,872 or even $2,851 - $2,856.

💡 Trading Plan:
🎯 Buy Setup: Look for bullish confirmation at the demand zones.
🎯 Sell Setup: Wait for rejection at $2,934 - $2,944 for potential short entries.
🎯 Wait for confirmation before entering trades.

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