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Xau Usd Live Market Breakdown May 8 2025

XAU/USD Live Market Breakdown – May 8, 2025

  • Admin
  • 08 May, 2025

Article overview

📊XAU/USD Live Market Breakdown – May 8, 2025
🔹Current Price: 3,337.40
🔹Timeframe: 15M

📌Key Supply Zones (Resistance):
🔴3377–3382 – Major Supply Zone (previous BOS area)
🔴3362.85 – Minor intraday resistance (price failed to hold)

📌Key Demand Zones (Support):
🟢3272–3277 – Fresh demand; wait for confirmation before long
🟢3310.01 – Minor reaction area
🟢3274.13 – Deeper support if sell-off continues

📉Current Outlook:
Gold broke below multiple internal demand zones, confirming bearish momentum. Now trading inside the 3272–3277 HTF demand. This is a key zone to monitor for reversal or further breakdown.

📈Bullish Scenario:
Price must show bullish confirmation (engulfing/BOS) from 3272–3277 to consider long positions. Without confirmation, bias remains bearish.

⚠️Strategy Tip:
✅Wait for lower-timeframe BOS or CHoCH in green zone
✅Don’t catch falling knives – wait for confirmation
✅SL must go below zone; TP can target 3362 short-term

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