🟡 XAU/USD – GOLD 08/09
Observing JPY & USD | Buy remains dominant
🔎 Captain’s Log – News Context
This morning, no new major updates.
Tonight’s US session (08/09) will also not release any significant data.
The latest market impact came from Japanese PM S. Ishiba’s resignation, which pressured JPY lower and slightly lifted the Dollar.
However, Gold only made a small correction and held steady.
➡️ Captain’s Summary: Dollar and JPY now have only indirect influence, not enough to push Gold into deep declines. The main trend remains supported for further upside.
📈 Captain’s Chart – Technical Analysis
Captain’s Shield (Main Support):
Golden Harbor OB: 3542 – 3549
Main Buy Zone: 3549 – 3551
Liquidity Dock: 3573 – 3575
Storm Breaker (Resistance):
Quick Boarding: 3602 – 3604 (Short-term Sell scalp)
Storm Breaker Peak: 3632 – 3634 (Sell zone – potential new ATH)
⏩ Price structure still maintains a bullish trend (continuous BOS). Corrections mainly serve to attract liquidity before breaking into higher resistance zones.
🎯 Captain’s Map – Trade Scenarios
✅ Golden Harbor (BUY – Priority)
Buy Zone: 3549 – 3551 | SL: 3542 | TP: 3553 → 3557 → 3560 → 3563 → 35xx
Liquidity Dock: 3573 – 3575 | SL: 3565 | TP: 3578 → 3581 → 3583 → 35xx
⚡ Quick Boarding (SELL Scalp – Short-term)
Entry: 3602 – 3604
SL: 3610
TP: 3600 → 3597 → 3594 → 3591 → 3588 → 35xx
🌊 Storm Breaker (SELL Zone – New ATH)
Entry: 3632 – 3634
SL: 3640
TP: 3629 → 3625 → 3623 → 3619 → 361x
⚓ Captain’s Note
“The Golden ship stays steady as the seas remain calm this morning, with no major news waves. Golden Harbor 🏝️ (3549 – 3551) along with OB around 3542 is a safe haven for sailors following the bullish tide. Liquidity Dock ⚓ (3573 – 3575) is only a temporary anchor point before bullish winds carry the ship further. Quick Boarding 🚤 (3602 – 3604) is for those seeking short-term waves. And if the ship reaches Storm Breaker 🌊 (3632 – 3634), that could mark a new peak – but the greater journey is still northward with the bullish sails filled with wind.”
Observing JPY & USD | Buy remains dominant
🔎 Captain’s Log – News Context
This morning, no new major updates.
Tonight’s US session (08/09) will also not release any significant data.
The latest market impact came from Japanese PM S. Ishiba’s resignation, which pressured JPY lower and slightly lifted the Dollar.
However, Gold only made a small correction and held steady.
➡️ Captain’s Summary: Dollar and JPY now have only indirect influence, not enough to push Gold into deep declines. The main trend remains supported for further upside.
📈 Captain’s Chart – Technical Analysis
Captain’s Shield (Main Support):
Golden Harbor OB: 3542 – 3549
Main Buy Zone: 3549 – 3551
Liquidity Dock: 3573 – 3575
Storm Breaker (Resistance):
Quick Boarding: 3602 – 3604 (Short-term Sell scalp)
Storm Breaker Peak: 3632 – 3634 (Sell zone – potential new ATH)
⏩ Price structure still maintains a bullish trend (continuous BOS). Corrections mainly serve to attract liquidity before breaking into higher resistance zones.
🎯 Captain’s Map – Trade Scenarios
✅ Golden Harbor (BUY – Priority)
Buy Zone: 3549 – 3551 | SL: 3542 | TP: 3553 → 3557 → 3560 → 3563 → 35xx
Liquidity Dock: 3573 – 3575 | SL: 3565 | TP: 3578 → 3581 → 3583 → 35xx
⚡ Quick Boarding (SELL Scalp – Short-term)
Entry: 3602 – 3604
SL: 3610
TP: 3600 → 3597 → 3594 → 3591 → 3588 → 35xx
🌊 Storm Breaker (SELL Zone – New ATH)
Entry: 3632 – 3634
SL: 3640
TP: 3629 → 3625 → 3623 → 3619 → 361x
⚓ Captain’s Note
“The Golden ship stays steady as the seas remain calm this morning, with no major news waves. Golden Harbor 🏝️ (3549 – 3551) along with OB around 3542 is a safe haven for sailors following the bullish tide. Liquidity Dock ⚓ (3573 – 3575) is only a temporary anchor point before bullish winds carry the ship further. Quick Boarding 🚤 (3602 – 3604) is for those seeking short-term waves. And if the ship reaches Storm Breaker 🌊 (3632 – 3634), that could mark a new peak – but the greater journey is still northward with the bullish sails filled with wind.”
Trade active
In today’s gold plan, we gained more than 100 pips from the sell zone 3630 - 3634. If you find this useful, please give me a follow on TradingView so I can keep producing more ideas every day. If there’s market volatility, I’ll provide updates, so stay tuned for my notifications.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.