Gold Spot / U.S. Dollar
Long
Updated

Daily Plan: Gold Targets 7th Straight Weekly Gain |MMFLOWTRADING

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📊 Market Context

Gold holds firm above $3,850, aiming for its 7th consecutive weekly gain.

🔥 Main driver: Risks from a prolonged U.S. government shutdown.

📉 54% probability of the shutdown lasting 29 days (Polymarket) → directly impacting gold sentiment.

🛡 Safe-haven demand & BUY-side FOMO keep fueling momentum.

⚖️ Still, profit-taking at higher resistance zones could trigger sharp swings before the next directional move.

🔎 Technical Analysis (H1/H4)

📈 Main trend: Bullish, but consolidating near 3,850.

🚧 Key Resistances: 3882–3884 & 3934–3936 (Liquidity Sell Zones).

🏦 Key Supports: 3797–3795 & 3756–3754 (Buy Zones).

🎯 Key Levels: 3850 – 3880 – 3900.

📈 Trading Scenarios & Plan
✅ SELL ZONE 1: 3882–3884

SL: 3890

TP: 3878 – 3874 – 3870 – 3865 – 3860 – 3850 – 3840 – ???

✅ SELL ZONE 2: 3934–3936

SL: 3940

TP: 3930 – 3925 – 3920 – 3910 – 3900 – ???

✅ BUY ZONE 1: 3797–3795

SL: 3790

TP: 3800 – 3810 – 3820 – 3830 – 3840 – ???

✅ BUY ZONE 2: 3756–3754

SL: 3750

TP: 3760 – 3770 – 3780 – 3790 – 3800 – ???

⚠️ Risk Management Notes

🌀 U.S. shutdown headlines may spark unexpected volatility.

🕵️‍♂️ Focus on BUY setups at support, avoid chasing FOMO at highs.

❌ Consider SELL only if clear rejection signals form at resistance zones.

✅ Summary

Gold remains supported by safe-haven flows, eyeing a 7-week winning streak.
🎯 Strategy:

BUY setups: 3797–3795 & 3756–3754.

SELL setups: 3882–3884 & 3934–3936.

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🔥 BIGWIN Alert from MMF 🔥

SELL signal at the super strong liquidity reaction zone 3882 – 3884 has brought in 160 PIPS profit for everyone 🎯

A perfectly timed, visually appealing setup that aligns with the market rhythm right at the weekend session → a well-deserved reward for the trader's patience and discipline 💎

👉 Review the entire analysis & setup here: snapshot

Congratulations to everyone who successfully took profits with MMF – let's look forward to more BIGWIN setups ahead 🚀

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