FX.co ★ ilyasShirazi | XAU/USD

**XAUUSD Technical Analysis (30-Minute Chart)** ### **Current Market Status** Gold (XAUUSD) is trading at **3,328.88**, showing a minor decline of **-0.43%**. The price is currently testing key support levels, presenting potential buying opportunities within the broader bullish trend. ### **Key Buying Zones** {"data-align":"none","data-size":"medium","data-tempid":"temp_5067129_1745893041660_892"} 1. **Primary Buying Zone: 3,322.21 - 3,329.36** **Strong intraday support** with multiple reactions in recent sessions. Confluence with the **30-minute chart's visible range low**. A bounce from this zone suggests **short-term bullish continuation**. 2. **Secondary Buying Zone: 3,281.68** **Deeper retracement level** aligning with the 50% Fibonacci retracement. Historical swing low, acting as a **major demand area**. Likely to attract institutional buyers if tested. ### **Immediate Resistance Levels** **First Target: 3,350.00** Psychological resistance and previous consolidation zone. Break above this level confirms **bullish momentum revival**. **Second Target: 3,362.01 - 3,375.00** Strong resistance cluster near the **daily high**. Profit-taking likely to occur in this range. ### **Technical Confirmation** **RSI at 30.00** indicates **oversold conditions**, supporting a potential bounce. **Price action** shows bullish divergence on lower timeframes. **Volume analysis** reveals decreasing selling pressure near support zones. ### **Market Outlook** A hold above **3,322.21** keeps the **short-term bullish structure** intact. Break below **3,281.68** may extend the correction toward **3,250.00**. The **higher timeframe trend remains bullish**, favoring dip-buying strategies۔ Trading Volume Insights:** Recent volume patterns show increased activity at support levels, suggesting strong absorption of selling pressure. The volume profile indicates significant interest around the 3,325-3,335 range, reinforcing its importance as a support zone.