📊XAU/USD Price Action Outlook – May 7, 2025
🔹Current Price: 3,392.93
🔹Timeframe: 15M

📌Key Supply Zone (Resistance):
🔴 3400–3405 – Intraday Supply Zone (expect reaction or short setups)

📌Key Demand Zones (Support):
🟢 3,393.65 – Fresh demand (aggressive entries possible)
🟢 3,338.04 – Strong zone with previous bullish impulse
🟢 3,322–3,327 – Deep liquidity area (HTF reaction level)

📈Bullish Scenario:
If price holds above 3,368 zone and breaks 3,405 with volume, we may see continuation toward 3,440+. Watch for breakout and retest confirmations.

📉Bearish Scenario:
If price fails to break 3,400–3,405, expect a rejection back into 3,368 or deeper into 3,338–3,327 demand zones. Ideal for scalping short-term pullbacks.

⚡Trade Setup Tips:
✅Use confirmation (e.g., engulfing/BOS on lower TF)
✅SL above 3,406 or below 3,322 depending on setup
✅Target 1:2 or 1:3 RR from marked zones

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