Gold Still Flirting with 3370 — Breakout or Just Breadcrumbs?

“Gold Tried Again… But 3370 Said, ‘Not Today, Sweetheart’”

Alright, gold fans — gather ‘round.

Gold’s been pulling the same old stunt again this week, thinking we’ll fall for its green candle drama. But spoiler alert: we’ve seen this movie before. And it still ends the same way — with Gold standing outside 3370’s door, begging to be let in like it’s auditioning for a sad rom-com.

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Weekly Candle Breakdown — Another Episode of “So Close, Yet So… Not It”

This week, Gold hit a high of 3378, a low of 3308, and ended with a downward close at 3350. That’s right — it tried to break out of 3370’s friend zone… but just ended up ghosted again.

And get this: while the weekly candle gave us a red close, Friday’s daily candle closed green — like a confused lover sending mixed signals.

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3370 Resistance — Still the Boss Level

Just like we said before — 3370 is the gatekeeper, the final boss, the “You Shall Not Pass” of XAUUSD.

Gold peeked above with a high of 3378, whispered “I’m ready,” and then promptly turned around, tripping over its own bullish heels and falling back to 3350.

Look at the H1 timeframe and you’ll see it: the breakout candle? Total Upthrust.

Volume? Ultra High. Result? Gold dropped like it read its own horoscope and saw “beware fake highs.”

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The Last 3 Weeks in Review — Momentum or Just Muscle Memory?

Let’s recap:

• Low at 3256
• Then a Higher Low at 3282
• Then another Higher Low at 3308

Looks cute, right? Like Gold’s trying to climb a ladder.

But here’s the kicker: it’s still failing to create a Higher High. Because, once again, 3370 ain’t budging.

It’s like someone doing all the gym reps but still can’t lift the bar. Effort? Sure. Results? Nah.

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Friday’s Daily Candle = Potential No Demand

Friday tried to play it cool, showing a green candle, but beneath the surface? Volume screams “No Demand.”

Translation: Smart Money watched Gold’s little performance and said, “Meh.”

So, what’s next? Another awkward 3370 attempt? Maybe. And if it does, it could just be another Upthrust — a drama queen move, all flair, no substance.

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Current Range: Gold is Trapped in a Romantic Loop

Here’s the big picture:

• 3308 to 3370 is now the active “emotional range”.
• Unless Gold breaks above 3370 with confidence, or slams below 3308, we’re just watching reruns.

That means:

• Short Entries? Near 3370–3380 (if you enjoy rejection).
• Long Entries? Near 3308–3300 (if you’re into rebound plays).
  But hey — only if your lower timeframes give you a greenlight. Don’t go in blind just because 3370 looks seductive.

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Until Then — Sit Tight or Play the Range (With Caution)

Right now, there’s no plan for entries from this sarcastic chart reader — at least not until one of these breakout levels gets smashed.

But if you want to take the risk, I’ve laid out the range for your trading amusement.

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Disclaimer (Because Lawsuits Are Expensive):

This isn’t financial advice — it’s the trading version of stand-up comedy. If you get rich off this, congrats, send coffee. If you blow your account? Maybe don’t propose to a fakeout next time.

Remember:

“Just because she closed green doesn’t mean she won’t leave you red.”

Trade smart. Don’t fall for candle games. And for the love of pips — respect the structure.