LiamTrading – Intraday Trading Outlook

Oct 2

LiamTrading – Intraday Trading Outlook

Looking at the global financial picture, we can see an extraordinary alignment:
Equities – All-Time High (ATH)
Housing Prices – ATH
Bitcoin – ATH
Gold – ATH
Money Supply – ATH
National Debt – ATH

CPI Inflation – averaging 4% annually since 2020, twice the Fed’s “target”
Federal Reserve – continuing to cut interest rates this month

It is clear that cheap money combined with persistent inflationary pressure is a powerful driver behind gold’s move into historic territory. In this context, looking for buying opportunities in line with the trend remains the more rational approach.

📊 Technical Analysis – H1 Chart
Gold is moving within a well-defined upward channel.
Volume Profile indicates the POC around 3840–3850, an important level for potential scalping buys.
The VAL aligns with the rising trendline near 3820–3822, providing strong confluence for medium-term buying.
A confirmed break above 3895 (new ATH) would support further trend-following buys.
Key resistance sits at 3913–3915, suitable for short-term scalping sells.

🎯 Trading Scenarios
Buy scalping: 3845 | SL 3839 | TP 3856 – 3870
Buy zone (main): 3820 – 3822 | SL 3816 | TP 3832 – 3845 – 3860 – 3875 – 3890
Sell scalping: 3915 – 3913 | SL 3920 | TP 3900 – 3885 – 3872 – 3860
Buy breakout: A confirmed move above 3895 → continue buying with targets open towards 3915+

📌 Conclusion
Gold remains in a strong uptrend, supported by both fundamental and technical factors. Short-term corrections are better viewed as opportunities to build on buy positions. That said, it is important to keep an eye on nearby resistance levels to optimise entries.

👉 This is my personal perspective on XAUUSD and not investment advice.
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Oct 2

Trade active

Outstanding Buy signal with 200 pips profit, keep holding this position to reach higher levels, this is the last signal for today, support will continue tomorrow