The video provides a technical analysis for XAUUSD. According to the analysis, gold has dropped by $55.3. Strong demand zones are identified between 3330-3320 with the rationale that buyers previously stepped in. Here there is a H1 swing low area with bullish candles, also the volume is high in accumulation zone. 61.8% Fibonacci retracement level is another important level. The next demand zone is identified at 3305-3295, a weekly support tested multiple times. The target is 3390. The analysis identifies strong selling areas at 3365-3375 with the rejection area on 8 August. Then 3390-3400 area is regarded as an active selling zone, with the CP level at 3391 and previous distribution zone at 3340.