XAUUSD – Accumulation before the next move

Oct 7

XAUUSD – ACCUMULATION & AWAITING NEW TREND CONFIRMATION WHEN BREAKING 3956

Hello trader 👋
Gold is oscillating in a short-term accumulation phase, following a strong surge last week. The technical structure on the H1 frame shows the price is retesting the central support area around 3956, which will determine the next direction.

In the current context, price action is mainly restrained within the rising channel, but buying momentum has slowed. The market is waiting for new trend confirmation – either breaking out to the 4000 area or correcting to lower support.

🔎 Technical Perspective
Fibonacci 0.618 – 1.618 indicates a key resistance level at the 3997–4000 area, coinciding with a strong liquidity zone.

The medium-term uptrend line remains intact, however, the RSI momentum shows slight divergence – warning of potential correction.

Key price levels to watch: 3956 – 3946 – 3927 – 3917.

⚖️ Detailed Trading Scenarios
🔴 Main SELL Scenario:
Entry: 3997 – 4000
Stop Loss: 4005
Take Profit: 3976 → 3945 → 3928 → 3910
👉 Sell at the Fibonacci extension area + psychological resistance 4000 (high liquidity zone).

🔴 SELL upon confirmation of breaking 3956:
Entry: 3959 – 3961
SL: 3965
TP: 3945 → 3928 → 3910
👉 Short-term breakout order when the price closes below 3956, confirming the intraday downtrend.

🟢 BUY when price retraces to support:
Entry: 3942 – 3944
SL: 3938
TP: 3955 → 3970 → 3990
👉 Suitable for Buy strategy along the short-term rising channel, prioritized when there is a strong candle reaction.

🟢 BUY at deep support area (POC & Trendline):
Entry: 3900 – 3898
SL: 3892
TP: 3910 → 3928 → 3940 → 3955 → 3970

💡 Macro Perspective
Many major financial institutions have raised their gold price forecast for December 2026 from $4,300 to $4,900/oz, citing that central banks in emerging markets continue to diversify foreign reserves into gold.
This reinforces the belief that the long-term uptrend remains robust.

📌 Summary:
Gold is in an accumulation phase awaiting a new direction around the 3956 area.
Tight capital management – the market may experience strong volatility with the return of political news and US data.

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Oct 7

Trade active

Good news for those who have been following my trading script today, the excellent Buy signal matched the entry at 3942-3944, bringing in a profit of 200 pips, which is no small number, right? Today's trading script continues, so make sure to set notifications to follow!

Oct 7

Trade closed: target reached

Outstanding with the Buy signal +450pips profit, this is the exciting result for everyone who followed my daily plan today. Gold has reached a new ATH level, breaking through all analyses where many investors expected a decline. We were right, let's continue to follow me closely.