#XAUUSD | Daily Higher Time Frame Analysis

📊 **#XAUUSD | Daily Higher Time Frame Analysis**

🔍 Gold has been moving in a **strong one-sided uptrend** over the past 3–4 months — surging from **$2500 to $3500**, marking a **massive $1000 rally** in under 4 hours! 🚀

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🛑 **Key Psychological Resistance: 3500**
Yesterday, price tapped into the **3500 zone**, a major psychological level.
🔻 This was followed by **intense selling pressure**, likely sparked by news regarding a potential **Russia-Ukraine ceasefire** 🕊 — hinting at possible war closure.

💥 This triggered a sharp drop to **3370**, and today’s market opened with a **gap down**, followed by a **swift recovery**.

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🧭 **What to Watch Today:**
📅 Today’s daily candle is **crucial**.

⚠️ If the candle **fails to hold above 3320** and closes **bearishly below 3320**,
expect a **panic sell-off** in the next 2–3 sessions —
📉 Potential downside targets: **3245–3190**
🌀 These levels also align with the **Fibonacci 0.50–0.60 retracement zone** from the last impulse.

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🛠 We’ll fine-tune our **Buy/Sell zones** using **lower time frame analysis