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Silver rally: Are you in?Silver (XAGUSD) just hit a new all-time high, soaring above $53/oz! The surge is driven by a real physical shortage in London (record-low LBMA stocks, spike in lease rates, and COMEX premium), flight to safety amid dovish Fed expectations and gold’s rally, and booming industrial demand from solar energy and electronics. A short squeeze is also underway due to the rising cost of borrowing silver. 5 key drivers behind the XAGUSD bull run: 1. The market is short on metal – demand consistently outpaces supply. 2. Physical squeeze in London – inventories are depleted, spot trades above COMEX, borrowing costs surge. 3 . Industrial super-demand – energy transition fuels silver use in solar, electronics, and EVs. 4. Dovish macro backdrop – Fed rate cuts expected, weaker USD, inflows into safe havens. 5. Capital inflows – silver ETFs and bullion/coin demand picking up momentum. FreshForex analysts see further upside: the breakout to new highs confirms strong demand for physical silver and sustained investor interest. The rally in gold and robust industrial trends give the silver market breadth and staying power. Q4 2025 offers great potential for active traders, but the strongest move is expected in Q1 2026 , as Fed policy loosens and supply remains tight
SAXO:XAGUSDLong
by Fresh-Forexcast2004
Bullish Bias Toward $4,400+🌍 Fundamental Overview Gold is trading around $4,135–$4,155/oz, staying firm despite mild USD recovery. Friday’s U.S. data (Michigan Consumer Sentiment, inflation expectations) came slightly higher, but Fed cut expectations remain unchanged — markets still price 99% chance of a rate cut in October. Geopolitical backdrop remains tense — Middle East concerns, ongoing U.S.–China trade friction, and soft global growth outlook keep gold demand resilient. ETF inflows show renewed interest; central banks (China, Turkey, India) continue accumulating. Short-term: Profit-taking possible early this week; medium-term trend remains bullish toward $4,300+. 📊 Technical Overview Current Price Range: $4,135 – $4,155 Support Zones: $4,120 (minor intraday support) $4,080 (major short-term floor) $4,050 (psychological & structural support) Resistance Levels: $4,180 $4,200 (key breakout zone) $4,300 (next major upside target) Trend: Bullish consolidation — healthy sideways price action above $4,100 zone. RSI (H4): Resetting from overbought, suggesting space for renewed upside momentum. 🎯 Trading Strategy 1️⃣ Buy Dip Setup Entry: $4,090–$4,120 SL: below $4,050 TP: $4,180 → $4,220 2️⃣ Breakout Buy Entry: above $4,180 (confirmed 1H close) SL: below $4,150 TP: $4,250 → $4,300 3️⃣ Short Scalp (Counter-trend) Entry: $4,180–$4,200 (if rejection appears) SL: above $4,220 TP: $4,120 → $4,080 📌 Bias: Bullish above $4,080 — watch for early-week volatility and liquidity traps.
OANDA:XAUUSDLong
by AthensBySahan
Fundamental Market Analysis for October 21, 2025 GBPUSDThe pound has retreated from last week’s highs as the market prepares for fresh UK price data and weighs it against recent Bank of England signals. After the August rate cut to 4.00%, policymakers emphasize that any further easing should be cautious given the risk of still-elevated inflation—higher than in most G7 peers. That tempers excessive optimism on sterling and makes the reaction to CPI potentially asymmetric: softer prices would support expectations of later cuts, while stickier readings would revive concern about persistent inflation. The US backdrop works against cable: the ongoing partial suspension of federal agency operations in the US boosts demand for the reserve currency during bouts of uncertainty, and high US real yields continue to attract global capital. Until markets receive a clean run of US data and clarity on the budget, the dollar’s near-term advantage remains. Domestic fundamentals also constrain sterling: households remain sensitive to borrowing costs, business investment is uneven, and the services surplus cannot fully offset external risks. As a result, scope for a swift sterling advance is limited, with the balance of risks favoring moderate profit-taking after the climb toward the 1.34 area. Trading recommendation: SELL 1.34050, SL 1.34550, TP 1.33550
Short
by Fresh-Forexcast2004
1
USD/JPY(20251021)Today's AnalysisMarket News: The US government shutdown entered its 20th day on Monday after senators failed to break the impasse for the tenth time last week. The shutdown has also delayed the release of key economic data, leaving investors and Federal Reserve policymakers with a data vacuum ahead of next week's policy meeting. The US Consumer Price Index (CPI) data, delayed by the shutdown, is scheduled for release this Friday. Meanwhile, traders are pricing in a 99% probability of a Fed rate cut next week, with another cut expected in December. As a non-interest-bearing asset, gold typically performs well in a low-interest rate environment. Technical Analysis: Today's Buy/Sell Levels: 150.73 Support and Resistance Levels: 151.65 151.30 151.08 150.37 150.15 149.81 Trading Strategy: On the upside, consider buying on a break above 151.08, with the first target at 151.30. On the downside, consider selling on a break below 150.73, with the first target at 150.15.
Long
by GoldenSpaceship
9D Timeframe Analysis using Ichimoku Cloud / Fib/ ICT Price Action: The candle is pushing north and attempting to turn into a green candle. If the candle successfully turns green and creates a big long wick. The candle can be the support candle for this bullish. The candle won't be closed until this Friday night. Since the candle already discovered the south side and created long wicks. If the candle turns green we will experience the new discovery price on the north side. Ichimoku Cloud: The price is currently trading above the Kijun-Sen ($109,454.3). If the price continues trading above this level. The trend is validated by the Kijiun-Sen. The Kijun-Sen sometimes plays a role such as a healthy pull back point where you can enter for a long position or a confirmation of a trend. The prices usually pulled back to this line after all time high. Price usually consolidated between (above/below) the lines before the pump in a bull market. The Kijin-Sen is also pushing upward which is a bullish sign but the Tenkan-Sen is flattened out. When the Tenkan-Sen is flat out, the price tends to trade sideways or we can say that the momentum has reduced. Cloud A is still shifting upward while Cloud B has flatted. Cloud A shifting upward means the momentum is still there but the current momentum which is the Tenkan-sen is flat. Fibonacci: I drawed a fibonacci from $126208.5 to $101.516.5. The all time high point to the 20 billions liquidated event in crypto space. 1 candle made all time high and 1 candle flash crashed to the fair value gap. With the fibonacci, the 0.618 and 0.65 are showing $116,776.2 and $117,566.3. If the low range fib is the bottom then the price has to retrace back to 0.618 in others to continue the massive sell off. So this is playing a key level on the bears for short. Fair Value Gaps (FVGs): There is a fair value gap when I draw a fip from the previous low in April to the all time high end of September. There is a fair value gap at the 0.65 fib level. Which shows that if the price is retraced back to that level. We are sill in the up trend in favor of the bull Cipher B: The vwap is trading below money flow and momentum. The Money flow has flatted out while momentum is going down. This is not a good sign because the vwap is pointing south and trading below moneyflow which could lead to the consolidation. The consolidation is not always bad but shows that the trend is cooling down. Key Levels: 0.618 from bull and bear. If the price is dropped to the fair value gap which is $94.226.1. The actual fair value gap at 0.65 not 0.618 but those levels go together. We will call 126208.5 the top. But if the price is defense above the Kinjun-Sen and does not retrace at the 0.618 from the high to the wick then we are not at the top yet. Outlook: The change in Tenkan-Sen and Kijun-Sen. The shift of direction in those will be first noticed before anything other factors. Also price trading above/below/between those levels as well.
by EagleVentureTrading_VN
AUDCAD potential long setupLooking at AUDCAD this morning and noticed the 3 bounces off the Monthly 50EMA (overlayed on this 4H chart). The pair is stuck in a wide range after a strong September rally linked to the gold (commodities) strength and above forecast AUD economic data. The pair is also sitting at a critical trend line support while RSI is positioned well for a move upward. Fundamentally, precious metals are erasing Friday's losses while a meeting between President Trump and Australian PM Albanese is set to take place Monday morning to discuss a critical minerals deal (among other topics), which could boost the AUD significantly. In the meantime the Canadian government continues to follow Brussel's lead in economic obliteration and CAD insignificance. I could be wrong, I'm a nobody.
Long
by BorrowedClothes
1
USDCHF: Momentum into NY SessionKey Observations This pair is starting off slow, but I'm expecting momentum to pick up during the New York session. The daily chart is indicating an overall downtrend. Price is holding below both EMAs. However, the price action is a little bit weaker and the daily HTL isn't a significant level. On the H1 timeframe, price is showing overlapping bars. I am hoping to see a stronger break to the downside as price crosses out of the EMA brand and accelerates.
Short
by FinancialGamblR
EUR/USD - Outlook (LTF ranging market)🔥 EUR/USD Outlook Breakdown 🔥 Let’s decode this clean structure — multi-time-frame style with a punch of trader slang 👇 🧭 Weekly Timeframe We’re chilling just under a long-term bearish resistance trend, and the last few weeks show clear compression beneath that line. The weekly breakout candle couldn’t sustain upside, hinting sellers are still lurking. Price holds under 1.1800, keeping HTF (higher-time-frame) structure bearish. ➡️ Eyes on the 1.1500–1.1450 zone as next liquidity grab if momentum kicks in. 📆 Daily Timeframe Daily shows a ranging market between 1.1750 resistance and 1.1550 support. We saw a BOS earlier in the structure, but bulls couldn’t follow through. Multiple rejections from the supply block confirm short-term hesitation. The support trendline is hanging on — but if it snaps, expect the cascade to begin. Targets line up clean: 🎯 Target 1: 1.1400 🎯 Target 2: 1.1150 🎯 Target 3: 1.1000 ⏰ 8H Timeframe On the 8H, we’re playing ping-pong inside that same range. Price grabbed the BSL (Buy-side Liquidity) up top and retraced to the mid-range demand. Both BH zones are acting as intraday traps — classic indecision setup. Until we break out clean, expect chop. ➡️ However… here’s the key line: “HTF supports bearish price action although STF is currently ranging giving unclear direction. HTF will take control.” That means we’re likely setting up for a fake bullish pop before a strong bearish drive, once HTF order flow dominates. 🎯 Trade Idea Bias : Bearish (waiting for HTF dominance) Setup : Sell the fake-out above range highs or on break & retest of 1.1550 support Targets : 1.1400 → 1.1150 → 1.1000 Invalidation : Daily close above 1.1750 Gameplan : Stay patient — HTF flow will win. ⚡ Summary EUR/USD is stuck in a rangey mess, but the bigger picture screams bearish. When HTF takes back control, expect a breakdown toward 1.1400+ zones. Shorts will be the move once that range floor cracks.
Short
by Jibzy_Trades
Fundamental Market Analysis for October 20, 2025 USDJPYThe dollar–yen pair has stabilized around 150.700, but the fundamental backdrop favors a downward correction. Falling US Treasury yields and persistent expectations of Fed policy easing narrow the rate differential that previously supported USD/JPY. Against this background, demand for the yen as a safe-haven asset tends to increase whenever the dollar shows signs of weakening. Japan’s domestic agenda sends mixed signals: cabinet reshuffles and discussion of economic measures provide short-term support to equities, but for the exchange rate the key driver remains the trajectory of US Treasury yields and the risk of investor caution near levels that previously drew attention from financial authorities. Given recent US rate commentary and the decline in global yields, the base case is a gradual move in USD/JPY toward 149.500, barring new factors that sharply improve the dollar backdrop. Risks to this view include unexpectedly restrictive signals from the US or a renewed rise in yields. Trade recommendation: SELL 150.700, SL 150.900, TP 149.950
Short
by Fresh-Forexcast2004
Gold Steady Above $4,000 — Dips Remain Buying Opportunities1) Macro & Fundamental Drivers Narrative: Gold remains in a structural bull phase, supported by policy-easing expectations, soft USD/real yields, and persistent safe-haven demand. After the vertical run to—and through—the $4k handle, price is consolidating at elevated levels. Rates/Yields: Markets still price near-term Fed cuts; real yields have eased from recent highs—historically bullish for gold. USD: The dollar is mixed but broadly softer on easing expectations and global growth worries—tailwind for XAU. Growth/Inflation mix: Growth data is uneven, inflation trend is moderating on a 3–6m basis; that reduces the opportunity cost of holding gold. Risk Premium: Ongoing geopolitical/fiscal headlines (US fiscal noise, US–China tension) keep safe-haven bids alive. Official & Institutional Demand: Central-bank net buying remains a structural pillar; ETF/retail participation is improving on breakouts. Supply: Mine output growth is slow; AISC (all-in sustaining costs) are elevated—supportive to longer-term floor. Bottom line: Macro backdrop remains gold-positive, with the caveat that the pace of the recent rally leaves price vulnerable to tactical pullbacks. 2) Flows & Positioning (what matters for timing) CTA/Trend followers: Likely max long or near it after the $4k breakout. This magnifies both momentum upswings and the risk of air-pocket pullbacks if key levels break. Options: Skew is biased to calls (crash-up hedging) but rich—implieds elevated. Fade extreme IV spikes; use options for defined-risk breakout exposure. ETFs/CBs: Dip buying remains a theme; structural demand reduces the depth/duration of corrections. 3) Technicals (multi-timeframe) Weekly Trend: Strong uptrend, higher highs/higher lows; price well above rising 20/50-WMA equivalents. Momentum: Weekly RSI high but not reversing—trend intact. Daily Structure: Post-breakout sideways-to-up range developing above the $4k handle (healthy digestion). Key Levels: Support: $4,100 (nearby pivot) → $4,050 (strong base) → $4,000 (psych + breakout retest). Resistance: $4,180–4,200 (cap) → $4,300 (extension) → $4,400+ (measured move if momentum resumes). Indicators: RSI cooling from overbought; ADX still firm; 10/20-DMA above 50-DMA—bullish stack. Volatility: Daily ATR expanded—position size down, wider stops. Intraday (H1–H4) Bull channel intact while price makes higher lows above $4,100–4,120. Intra supports: 4,120 / 4,090–4,100; Intra resistances: 4,175–4,200, then 4,240–4,260. 4) Scenario Map (next 1–2 weeks) Scenario Catalyst / Sign Market Reaction Gold Plan Bull Base Case Easing-friendly data; calm USD; steady risk-off tone Grind higher into 4,200 → 4,300 Buy dips 4,090–4,120; trail below 4,050 Bull Acceleration Dovish Fed signaling / softer inflation, risk flare-ups Break & close > 4,200, momentum to 4,300–4,400 Breakout long on daily/15-min close >4,200; add through 4,240 Sideways/Mean Revert Mixed data; USD stabilizes; profit-taking Chop 4,050–4,200 range Range trade: buy 4,070–4,100, fade 4,190–4,210 with tight stops Bear Risk (tactical) Hawkish surprise / strong USD / hot inflation Flush to 4,000–4,020; if breaks, 3,950 Stand aside into the flush; reload longs on reclaim of 4,050/4,100 or buy 3,950 with reversal signal 5) Trade Plans (levels are live-action guides) A) Swing – Buy the Dip (core idea) Entry: 4,090–4,120 (staggered) Invalidation: Daily close < 4,050 Targets: 4,180 / 4,220; runners 4,300 Notes: Use half size first; add only on strength back above the 4,150 pivot. B) Breakout – Continuation Trigger: 15–60min close > 4,200 with expanding volume / breadth Stop: 4,160–4,170 (below breakout) Targets: 4,260 / 4,300 / 4,360 Tactics: Trail stop under rising 20-EMA (H1). C) Tactical Short – Reversion Setup: Rejection wicks at 4,190–4,210 or parabolic spike >4,240 without breadth Stop: Above the rejection high (tight) Targets: 4,150 / 4,120; stretch 4,080 Note: Counter-trend. Keep size small and take profits fast. Risk & Sizing Keep risk 1–2% per idea. ATR-adjust stops; don’t widen stops—cut size instead. Avoid stacking correlated risk; use time-stops if catalysts disappoint. 6) What Would Change My View? Bearish shift: A sustained daily close below $4,000, or a sharp rebound in real yields + USD with hawkish Fed tone. Bullish extension: A clean weekly close > $4,200 with improving breadth; that unlocks 4,300–4,400 roadmap.
OANDA:XAUUSDLong
by AthensBySahan
EURUSD: Watching for a Pullback Toward 1.1700 Hello, traders! The EURUSD pair has recently shown a clear shift in structure. After a prolonged bearish phase within a descending channel, the market found strong demand near the 1.15450 zone, where buyers managed to defend the area multiple times. This demand reaction led to a bullish breakout from the descending channel, marking the beginning of a new ascending phase. Currently, the pair is moving within an ascending channel, forming higher highs and higher lows, which confirm the ongoing short-term bullish structure. However, the market is now approaching a key supply area around 1.1700, where sellers have previously been active. My scenario for the upcoming sessions is a short-term corrective pullback from the current levels. I expect the price to retest the lower boundary of the ascending channel and potentially form a bullish reaction from that support. If buyers successfully defend this zone, the price could continue upward, aiming to break through the 1.1700 resistance and extend the bullish momentum. On the other hand, a confirmed breakdown below the channel would invalidate this bullish scenario and could open the way for a deeper correction. Manage your risk!
Long
by heniitrading
6
EURUSD — Decline from Supply ZoneEURUSD pair, after testing the 1.1780–1.1820 supply zone, shows a clear sellers’ reaction and forms a descending channel. Volume profile confirms bearish pressure, indicating a potential continuation of the downward move. Key downside targets are located at 1.1610, 1.1557, and 1.1200. As long as the price remains below 1.1720, the short bias remains valid. From the fundamental side, euro weakness is driven by dovish ECB comments and strong U.S. data, while the dollar index holds near local highs. This supports the continuation of the bearish scenario in the coming weeks. Conclusion: bearish setup remains valid below 1.1720–1.1780, with targets 1.1550–1.1200.
Short
by InvestWorld_777
XAU/USD Intraday Plan | Support & Resistance to WatchGold continues its historic rally, printing new all-time highs almost daily. Price is currently hovering around 4,356, consolidating just below the 4,385 resistance after a steep vertical move higher. Momentum remains strong, with price holding well above both the MA50 and MA200, confirming that buyers remain firmly in control. Immediate resistance sits at 4,385, followed by 4,406, 4,425, and 4,445. If price fails to break above 4,356, watch the First Reaction Zone (4,329–4,307) for a potential minor pullback. Failure to hold this zone could open the way for a deeper correction toward lower support areas in line with the moving averages. 📌Key levels to watch: Resistance: 4356 4385 4406 4425 4445 Support: 4329 4307 4280 4257 4235 4205 🔎 Fundamental focus: The U.S. government shutdown and ongoing U.S.–China trade tensions continue to cloud market sentiment, driving investors toward safe-haven assets. The uncertainty has created a “no-ceiling” environment for gold, where every dip is quickly absorbed and traders keep chasing fresh all-time highs amid strong momentum and risk aversion.
OANDA:XAUUSDLong
by azgoldtrader
Fundamental Market Analysis for October 17, 2025 GBPUSDThe pound trades above 1.34000, responding to broad US dollar weakness and moderately positive signals from the UK economy. Recent GDP prints point to a slight pickup in activity late in the summer, helping sterling stay at the upper end of the weekly range. On the pound’s side are stable short-term UK gilt yields and a lower risk premium for the dollar. Live quotes confirm a 1.34300–1.34500 range. Demand for GBP is also supported by expectations of a cautious stance at the Bank of England: the regulator seeks to keep inflation on a downward path without abrupt moves, while markets gradually price later timing for any potential easing. Meanwhile, the external agenda (US–China trade issues, swings in global equity indices) reduces the dollar’s appeal as a defensive asset, indirectly facilitating sterling’s advance. The US backdrop adds to GBPUSD’s fundamental case: prolonged budget uncertainty and softer-sounding remarks from some Fed officials reduce the yield advantage in favor of the dollar. This keeps the door open for a move toward 1.35000, provided there are no negative surprises from the UK side. Trading recommendation: BUY 1.34450, SL 1.34250, TP 1.35150.
Long
by Fresh-Forexcast2004
ES (SPX, SPY) Analysis, Key Levels, Setups For Fri (Oct 17)MACRO SCHEDULE (ET) — confirmed not impacted by shutdown • NY AM: No confirmed 8:30 ET U.S. government releases (data blackout continues). • 16:15 — Fed H.8 (weekly bank data) — after cash close; limited intraday impact. BIAS: • Short-term momentum is down; price sits in the lower half of this week’s range. • Expect a liquidity probe lower in London, then a bounce attempt into NY AM if key demand holds. SETUPS — Level-KZ Protocol (15m→5m→1m) Tier-1 (A++) — Continuation SHORT from R1/R2 Trigger: 15m rejection back below 6,663–6,670 ➜ 5m re-close below with LH ➜ 1m first pullback fails. Entry: 6,658–6,662. SL: Above 15m trigger wick +0.25–0.50. TP1: 6,604 (≥2.0R gate). TP2: 6,564. TP3: 6,520. Tier-1 (A++) — Acceptance SHORT below S1 Trigger: 15m full-body close < 6,642 ➜ 5m pullback holds below ➜ 1m LH entry. Entry: 6,638–6,641. SL: Above 6,646 +0.25–0.50. Targets: TP1 6,604; TP2 6,564; TP3 6,520. Management as above. Tier-2 (A+ Bounce) — Quick-Reclaim LONG at S2 Trigger: Fast sweep below 6,604 with immediate 15m reclaim ➜ 5m hold/re-close above ➜ 1m HL entry. Entry: 6,605–6,609. SL: 6,596–6,598 (15m wick low −0.25–0.50). TP1: 6,663; TP2: 6,690–6,700. Size ¾. Tier-3 (A Bounce) — Exhaustion LONG at S3 Trigger: Flush into 6,564 ±3 with capitulation wick and 15m momentum pivot ➜ 5m HL ➜ 1m trigger. SL: Below 6,556–6,558. TP1: 6,604; TP2: 6,663. Size ½. INVALIDATION: • Invalidate long bias if 15m accepts below 6,564 (two 15m bodies or one decisive close ≥1.5pt). • Invalidate short bias if 15m accepts above 6,718 and holds. • Max 2 attempts per level per session; stop trading at −2R net or after +3R net. NEWS / HEADLINE NOTES With government data paused, price will be more technically driven. Fed headlines can spark brief moves; prioritize level reactions over narrative. Earnings/gamma flows may add noise near R1 (6,663–6,670) and R2 (6,710–6,718).
CME_MINI:ES1!
by MyAlgoIndex
Diamond Vault Setup: 5 Fundamental + 7 Technical Stacks in Full OANDA:USDCHF USDCHF — Diamond Vault Setup: 5 Fundamental + 7 Technical Stacks in Full Alignment The USDCHF setup stands out as a Diamond Vault trade — where both Fundamental and Technical confluence align with precision. We are stacked with the Big 5 Fundamentals: softening US inflation, dovish Fed commentary, firm Swiss GDP resilience, stabilizing risk sentiment, and ongoing safe-haven flows into the Franc. On the Technical side, all 7 stacks are in play — price trading below every EMA, RSI under 45, a clearly negative MACD, and an ADX above 25 with strong −DI dominance, confirming sustained bearish pressure. This alignment represents a rare high-probability setup where macro and momentum are synchronized. A break below 0.79 could open the door toward 0.7750 with confirmation from continued divergence across momentum oscillators. ⚠️ Reminder: Even with full confluence, proper money management is key. Position sizing should respect your ATR-based risk model — Stop Loss = 1.52×ATR, Take Profit = 2.6×Risk minimum. Protect capital first, profits second. Bias: 🔻 Extremely Bearish Classification: 🟩 Diamond Vault (5 Fundamentals + 7 Technicals) ADX: 17.39 (rising) | −DI dominance: confirmed suggest SL 0.8033 TP 0.7748
Short
by OnlyAitrades
Bitcoin can Reverse Sharply After this CorrectionHello traders, I want share with you my opinion about Bitcoin. The market structure for Bitcoin has turned decidedly bearish in the short term, following a significant breakdown from its recent triangle consolidation pattern. This corrective phase began after a failed rally to a new all-time high near 126000, which led to a prolonged and volatile period of price action, including a sharp drop to 102000. Currently, following the resolution of the recent triangle to the downside, the price of BTC is in a clear downward movement. In my mind, this final decline is a capitulation move that is heading towards a major area of historical support. I expect that the price will fall into the main buyer zone. I think that a strong and confirmed reversal from this zone will signal that the entire corrective phase is complete and that buyers are ready to re-take control for the next major trend. This would present a significant long opportunity. Therefore, I have placed my TP for this reversal scenario at the 116000 level, targeting a key area of prior price action and a logical first objective for a new rally. Please share this idea with your friends and click Boost 🚀 Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
THINKMARKETS:BTCUSDLong
by LegionQ8
12
Gold Holding Strong Above $4,100 — Bulls Eye $4,300 Next🌍 Market Update & Key Drivers Gold is holding above $4,100/oz, after a strong run. Safe-haven demand is still a major driver given global uncertainties (trade tensions, risk in U.S. fiscal policy). The U.S. dollar remains soft, which is favorable for gold. Fed rate-cut expectations are still elevated; major central banks and ETFs continue to accumulate gold positions. Some caution emerges: central banks and institutional funds may take partial profits, leading to short-term volatility. 📈 Technical Structure & Levels Support Zones First: ~$4,100 Then: ~$4,050 Deeper: ~$4,000 Resistance / Target Zones $4,200 → $4,300 If momentum is strong: $4,400+ The trend is strongly bullish, but momentum indicators suggest overextension. A cooling-off or sideways phase is possible before new highs. 🎯 Bias & Trade Strategy Directional Bias: Bullish overall, but expect short-term consolidation. Trade ideas: Buy on dips into recent support zones (e.g. $4,050–$4,100). Breakout trade: If gold convincingly breaks above $4,200 with strong volume, engage for a move to $4,300+. Scalp / Short pullback: If you see reversal signals near recent highs, play short-term moves back to support. Key risk factors include: hawkish surprises from the Fed, USD strength, or large profit-taking at extremes.
OANDA:XAUUSDLong
by AthensBySahan