Hello traders! Here we are with most traders’ best pair trading analysis; yes, it’s XAUUSD (Gold). Let’s come, move to the Analysis without delay.

Today’s Gold (XAUUSD) Technical Analysis & Trading Signal by Guriforex

Gold (XAUUSD) is currently trading in a clear descending channel pattern on the 4H timeframe. Look at those parallel trendlines guiding price lower with well-defined touches — classic bear-channel structure!

Notice how price is testing the previously broken trendline — this is a key level acting as dynamic resistance. Traders often get trapped here if they assume it’s a breakout, but experienced traders know this can be a premium shorting zone.

The 50-period Moving Average (MA50) is trending downward, confirming the broader bearish momentum. This average acts like gravity, constantly pulling price back in line with the dominant trend.

Also, see the Order Block (OB) zone below around 3265 — it’s marked as a potential magnet for price. Institutions may aim to fill unmitigated orders here before any larger reversal.

What does this tell us?

📌 Scenario 1: We could see a short-term retracement or relief rally toward ~3315 as the descending channel top and broken trendline get retested. This is a classic “return to structure” move.
📌 Scenario 2: Once that retest is done, the primary bearish thesis is that Gold will then fall, targeting the OB at ~3265.

XAUUSDTrade Scenario 🗺️

🔼 Short-term XAUUSD Buy to ~3315 if price holds above immediate support.
🔽 Then plan to Sell from ~3315 targeting 3265.

⚠️ Be careful here, friends — these levels are extremely important. Don’t chase moves blindly; wait for confirmation around the trendline retest.

✅ Smash ❤️❤️❤️ if you’re watching XAUUSD today!
✅ Drop your analysis in the comments — let’s trade smart together!