GOLD cooling down, correction or signal of new cycle?Summary
“After three consecutive sessions of declines, gold is experiencing a short-term correction after a rally that has lasted more than two months. Despite falling nearly 6% from its recent peak, the medium-term uptrend remains solid as prices remain above the psychological level of $4,000 per ounce. This move reflects a technical cooling of an overbought market, rather than a fundamental reversal.
With the Fed expected to cut interest rates before the end of the year, geopolitical tensions lingering and the trend of “de-dollarization” spreading, gold continues to play a central role in the global safe-haven portfolio. Investors are now closely watching the price reaction around the $4,000 region, the balance point between short-term profit-taking pressure and medium-term accumulation momentum, while the technical outlook still favors a recovery trend if this support level holds.”
OANDA:XAUUSD corrects after 3-day decline, medium-term uptrend remains strong
Gold has fallen for three consecutive days, marking a technical correction after a long rally. Spot gold was hovering around $4,080/ounce on Tuesday morning, nearly 6% below its recent peak, reflecting a necessary pullback in an overbought market.
The decline comes amid global markets being cautious about the latest developments in US-China trade talks and unclear signals on the Federal Reserve’s interest rate path. Despite short-term pressure, gold remains a central part of the safe-haven portfolio, especially as geopolitical risks increase and major currencies face “soft devaluation” pressure.
Comment: “After a period of excessive growth, gold is correcting like an overstretched spring. The fact that the price is still holding above the $4,000 mark shows that this is a technical cooling process, not a fundamental reversal. The need for safe haven and defensive trades in the Dollar still exists.”
Gold has risen more than 55% year-to-date since mid-August, boosted by expectations of at least a 25 basis point cut by the Fed before the end of the year, along with a trend to hedge against inflation and widening budget deficits. The stability of the US dollar and ETF inflows supported gold prices, while silver and platinum recorded consecutive losses due to profit-taking pressure.
Traders are also focusing on new political-trade signals. US President Trump expressed optimism about a “good deal” at the upcoming meeting with Asian leaders, but admitted that a delay scenario is still possible. This situation has made the market sentiment “cautious but realistically optimistic,”.
The current decline reflects a technical correction, not a trend reversal. With the Fed likely to cut interest rates, persistent geopolitical tensions and the “de-dollarization” trend of some economies, gold remains a pillar in the global safe-haven structure. Investors should monitor the price reaction around the $4,000 mark, the balance point between short-term profit-taking and medium-term accumulation.
Technical outlook analysis of OANDA:XAUUSD
Gold Technical Outlook: Bulls Keep the Initiated Around $4,000
Gold prices are experiencing a short-term but strong correction, after a long rally since mid-August. On the daily chart, the decline has brought the price to test the important support cluster around $4,000–$4,050/oz, corresponding to the Fibonacci 0.618 zone and the MA50 average, which acts as a key “psychological milestone” for the bulls.
The RSI has retreated to near the neutral level of 50, reflecting a temporary cooling rather than a trend reversal. The major trend structure remains clearly bullish, as evidenced by the intact upward price channel.
If the $4,000 zone is maintained, gold is likely to enter an accumulation-recovery phase, with the nearest resistance zones at $4,160–$4,180 (Fibo 0.5) and $4,210–$4,275 (Fibo 0.382–0.236). Conversely, a loss of the $4,000 mark would trigger deeper profit-taking towards the extended support zone of $3,950.
The current correction suggests the market is consolidating its medium-term uptrend, with no signs of breaking the trend. Once sentiment stabilizes around the $4,000 threshold, new buying pressure is likely to return, especially if there are supportive signals from US economic data or expectations of a Fed rate cut.
SELL XAUUSD PRICE 4231 - 4229⚡️
↠↠ Stop Loss 4235
→Take Profit 1 4223
↨
→Take Profit 2 4217
BUY XAUUSD PRICE 4001 - 4003⚡️
↠↠ Stop Loss 3997
→Take Profit 1 4009
↨
→Take Profit 2 4015
Futures
S&P 500 Elliott Wave Analysis: Approaching the End of Wave 5I believe the S&P 500 is nearing the end of wave 5, possibly complete already or very soon, based on ES future and SPX charts. The wave 4 low from April 2025 (~5000) should be retested in a 3-wave ABC pullback, targeting late 2026 to early 2027, aligning with Fibonacci time frames. RSI divergence and ending patterns support this. Thoughts?
Gold’s Pullback: The Dip Everyone’s Afraid to Buy🏆 Gold’s Pullback: The Dip Everyone’s Afraid to Buy 🏆
Gold just gave us the pullback we’ve been waiting for. After an incredible vertical run to $4,400, price has tapped right back into long-term trend support — exactly where past rallies have launched from.
Zoom out on the weekly channel and it’s clear:
Momentum spikes look scary, but historically they’ve reset just before the next leg up.
Volume confirms conviction — this isn’t a fade; it’s a reload.
On the 4H chart, buyers are already defending the trendline like clockwork.
On the 15M, we’re seeing the first signs of stabilization.
💡 My take:
This isn’t the time to panic — it’s the time to position.
“Buy fear, sell greed” wasn’t written for stocks; it was written for gold.
🎯 Watch zone: $4,000–$4,050 — that’s my reload range.
Next resistance: $4,400 → $4,800 if the structure holds.
📈 I’m buying the dip. Are you brave enough to?
#Gold #GC1 #Comex #Futures #BuyTheDip #Macro #Commodities #TrendFollowing #TechnicalAnalysis
GOLD fell nearly $300, the biggest one-day drop since 2021The precious metals market witnessed a sharp decline in the trading session on Tuesday (October 21), when the spot gold price fell more than 5%, marking the sharpest decline in 4 years. This correction came after many consecutive weeks of increase, when gold continuously set new peaks and reached overbought levels on technical indicators.
As of the time of recording, the spot gold price decreased by 5.21% to 4,129.05 USD/ounce, after falling below the 4,100 USD/ounce mark at one point, meaning a loss of nearly 300 USD compared to the highest level of the day. Previously, on Monday, gold had peaked at about 4,381.52 USD/ounce, before turning down nearly 3.8%.
Strong Dollar Slows Gains
The stronger US Dollar has made dollar-denominated gold more expensive, weighing on demand.
Weakening safe-haven sentiment has also contributed to the sell-off. Expectations of a meeting between US President Donald Trump and Chinese President Xi Jinping next week to ease trade tensions have dampened demand for the precious metal. In addition, the peak gold buying season in India, one of the world’s largest consumer markets, has ended, dampening physical demand.
Markets lose position data, volatility soars
The partial U.S. government shutdown has left traders without access to the Commodity Futures Trading Commission’s (CFTC) weekly speculative positioning report, data used to measure hedge fund participation in gold and silver contracts. The lack of positioning data makes the market more sensitive, especially when speculative buying increases during volatile times.
The volatility has pushed short-term volatility in the precious metal to its highest level in months. Options trading volume on the world’s largest gold ETF exceeded 2 million contracts for two consecutive sessions, a new record, suggesting investors are rushing to hedge or take advantage of volatility to seek profits.
Experts warn of the risk of a deeper correction
According to Bloomberg Intelligence strategists, gold ETF holdings are still below historic highs, suggesting there is still room for a bull run. However, they warn that “every rally has its limits,” and that excessive speculative buying often turns into selling pressure when economic data improves.
“If upcoming economic reports show a stronger-than-expected U.S. economy, a deeper correction in gold is entirely possible,” the report said.
Silver also under pressure after a strong run
Silver, the metal, has risen nearly 80% since the start of the year thanks to tight supplies and rising investment demand that has followed gold’s slide. The widening price gap between London and New York has prompted traders to move the metal to the UK to ease supply and demand pressures.
According to exchange data, treasuries linked to the Shanghai Futures Exchange recorded the largest silver withdrawals since February, while inventories in New York continued to fall, reflecting a restructuring of global supply amid the market correction.
In short, after a long rally and high expectations, the gold market is entering a “necessary cooling” phase. While the long-term trend is still supported by geopolitical risks and loose monetary policy, short-term volatility is likely to remain high as the market reassesses yield expectations, inflation and the health of the US economy.
Technical Analysis OANDA:XAUUSD
The daily chart of gold shows that after a strong increase to the peak around 4,380 - 4,400 USD/ounce, the price has entered a rather deep technical correction phase, touching the Fibonacci support zone of 0.618 around 4,110 USD/ounce corresponding to the EMA21 line.
The strong bearish candle has been partially absorbed, indicating that the selling pressure is weakening and the downward momentum is showing signs of slowing down.
The RSI indicator has escaped the overbought zone and is approaching the neutral level (50), reflecting the state of re-accumulation after the correction. As long as the price remains above the 4,036 - 4,110 USD/ounce zone, the medium-term bullish structure has not been broken.
Overall, gold is in a "breathing" phase after a steep increase, and if it holds support at $4,110/ounce, the prospect of returning to the main uptrend in the coming weeks is very positive.
SELL XAUUSD PRICE 4231 - 4229⚡️
↠↠ Stop Loss 4235
→Take Profit 1 4223
↨
→Take Profit 2 4217
BUY XAUUSD PRICE 3949 - 3951⚡️
↠↠ Stop Loss 3945
→Take Profit 1 3957
↨
→Take Profit 2 3963
Bitcoin - Ultimate Swing Short As a compilation and summary of my previous ideas explaining in depth this signal - the why, when, how - here are the specific details for this swing short position.
Entry - 109,000 to 109,200
Stop Loss - 113,600
Target 1 - 97,600
Target 2 - 81,000
Target 3 - 63,400
Target 4 - 34,800
(Here is where I’ll potentially be signalling for a hedge long on Bitcoin from 34,700 to 80,000 - trading the retracement wave)
Target 5 - 20,000
Target 6 - 8,000
Ultimate wick bottom expected to be 7,200 to 7,800 range.
Good luck to all and any questions at all, please comment below.
I’ve linked any related ideas to this post here which you can view below.
- DD
GOLD surges on political uncertainty and Fed easing expectationsOANDA:XAUUSD climbed to a fresh record high in the first trading session of the week, as expectations of an extended rate-cutting cycle by the Federal Reserve (Fed) and a wave of safe-haven assets continued to strengthen the rally.
Spot gold ended the session on Monday (October 20) up 2.47%, equivalent to $104.81, at $4,355.72/ounce, its biggest one-day gain since July. The recovery came after a correction last weekend, when the yield on the 10-year US Treasury bond fell two basis points to 3.991%, dragging the USD down. The US real yield, a measure reflecting the opportunity cost of holding gold, also fell to 1.723%.
The rally suggests the market is “repositioning expectations” as the Fed is expected to maintain its easy policy for the rest of the year. Investors now see a 96% chance of another 50 basis point cut by the end of 2025, according to CME FedWatch data.
In addition to monetary policy factors, the political picture in Washington has also contributed to the demand for gold. The US government entered the 20th day of a partial shutdown, with Congress still unable to reach a budget deal. This situation has delayed important economic data, including the September Consumer Price Index (CPI), clouding the economic picture ahead of the Fed’s policy meeting next week.
Global geopolitical risks continue to play a central role. Fighting between Israel and Hamas in the Gaza Strip has flared up again, threatening to unravel the recently signed ceasefire. Meanwhile, US-China trade talks are set to resume in Malaysia as the November 10 trade war truce deadline approaches. US President Donald Trump is expected to increase pressure on Beijing to cut fentanyl exports and resume soybean imports.
Personally, I believe that the combination of political, interest rate and global trade concerns is pushing gold back to the center of the international financial market. Gold prices could approach $4,500/ounce in the short term, and the possibility of reaching $5,000/ounce next year if political tensions continue to escalate.
With a gain of more than 62% since the beginning of the year, gold is currently the best performing asset among major commodities. The main drivers are strong central bank buying, the trend of de-dollarization of foreign exchange reserves and capital flows into Western gold ETFs.
Amid widespread political uncertainty and a dovish US monetary policy, gold appears to be resuming its historic role as not just a safe haven, but a measure of global confidence in the current financial system.
Technical Analysis OANDA:XAUUSD
Gold's medium-term uptrend remains strong within the uptrend channel, despite a short-term correction around the historical peak of $4,379/ounce. The candle on October 21 showed slight technical selling pressure after a long rally, but the price structure is still above the 21-day moving average (MA21) and has not broken the main uptrend channel.
The Fibonacci correction zones show that the important support levels are located at:
• 4,289 – 4,213 USD/ounce (Fibo 0.236–0.382): the nearest support zone, where buying pressure can return.
• 4,161 USD (Fibo 0.5): the balance level, which also coincides with the previous short-term bottom.
• 4,110 USD (Fibo 0.618): the important support level to preserve the medium-term uptrend.
The RSI is still above 70, reflecting the market in the overbought zone but there is no clear bearish divergence signal. This shows that there is a possibility of a short-term technical correction, but there is not enough sign for a trend reversal.
Overall, the main uptrend is still dominant, with the next target at 4,454 - 4,527 USD/ounce (Fibo extension zone 0.618 - 0.786).
If the price breaks through the 4,110 USD area, the bullish pattern will be temporarily invalidated, then we should observe the reaction around MA21 (~3,940 USD).
Comment: Gold is still in the "trend stability phase" with corrections considered as opportunities for re-accumulation, not reversal signals. Short-term investors should take advantage of technical recovery to optimize entry points, while closely controlling the risk zone below 4,110 USD.
SELL XAUUSD PRICE 4452 - 4450⚡️
↠↠ Stop Loss 4456
→Take Profit 1 4444
↨
→Take Profit 2 4438
BUY XAUUSD PRICE 4300 - 4302⚡️
↠↠ Stop Loss 4296
→Take Profit 1 4308
↨
→Take Profit 2 4314
GOLD leveled off after its strongest rally since 1979OANDA:XAUUSD Falls After Trump's 'Softening' Comments on China
Gold Spot gold fell nearly 2% on Friday (October 17), ending a long rally after hitting a new record, as a stronger US dollar and President Donald Trump's soft remarks dampened demand for safe-haven assets.
Spot gold ended the session at $4,250.91 an ounce, down 1.74%, after peaking at $4,379.94 earlier in the session. The US dollar index rose 0.2%, making gold more expensive for foreign investors. Earlier, gold recorded its biggest weekly gain since the Lehman Brothers crisis in 2008.
Trump Calms Trade Tensions, Gold Loses Safe-haven Momentum
Speaking at the White House, Trump admitted that 100% tariffs on Chinese goods were “unsustainable” and confirmed plans to meet President Xi Jinping in the near future. The comments quickly changed market sentiment, easing expectations of an escalation in the trade conflict and pulling safe-haven demand away from gold.
FXStreet commented: “Gold prices fell about 2% from a historic peak as Trump eased his tone with Beijing. The recovery in risk sentiment kept the dollar strong and gold under pressure.”
The yield on the 10-year US Treasury note rose 3 basis points to 4.01%, while real yields rose nearly 2.5 basis points to 1.72%, further pressuring non-yielding assets like gold.
Medium-term outlook remains positive
Despite the short-term correction, gold prices have risen more than 64% year-to-date, boosted by expectations that the Federal Reserve will begin a rate-cutting cycle. The market is now pricing in a 25 basis point cut at its October meeting, and another in December.
HSBC has raised its 2025 average gold price forecast by $100 to $3,455 an ounce, and expects prices to reach $5,000 by 2026.
Some fresh concerns about credit risks emerged after two regional US banks reported $50 million in bad loans, but White House Senior Advisor Kevin Hassett reassured that the banking system remains liquid and “credit conditions are generally stable.”
Goldman Sachs: Gold Price Rally “Real-Based,” Not Speculative Bubble
Gold prices continued to hit records this week, surpassing $4,300 an ounce on October 16, marking a four-session winning streak and a gain of about 65% year-to-date, the strongest since 1979. However, according to Goldman Sachs Group Inc., this is not a speculative frenzy, but reflects real demand from institutions and central banks.
“The current momentum in gold is not driven by euphoria,” Goldman Sachs said in a video conference. “Central banks continue to buy at record levels, while private investors are only gradually rebalancing their portfolios as the Fed accelerates the pace of rate cuts.”
After years of low asset allocations to gold, the market is now returning to a more reasonable balance, not a “gold bubble,” Goldman Sachs said.
Goldman Sachs raised its December 2026 gold price forecast from $4,300 to $4,900 an ounce, highlighting two key drivers: strong inflows into Western gold ETFs and sustained net buying by central banks, particularly in Asia and the Middle East.
Echoes of the 1970s: History Repeats in a New Way
Let’s compare the current cycle to the “gold rush” of the 1970s, when the US ended the Bretton Woods system, inflation soared and the oil crisis pushed the price of gold many times higher.
“Back then, budget deficits and policy uncertainty led investors to seek refuge outside the official monetary system. And now, similar factors are emerging, from US fiscal risks to geopolitical divergence, making gold continue to be a popular hedge.”
According to Goldman Sachs, the gold market is still relatively small compared to the scale of global capital flows, so each shift in capital flows greatly amplifies price fluctuations.
Technical outlook analysis of OANDA:XAUUSD
The daily chart of gold is still in a medium-long term uptrend, as shown by the price remaining above the MA21 and still in the uptrend channel despite the correction. After reaching a historical peak of 4,379, the price has dropped to around 4,250 USD/ounce, corresponding to the Fibonacci retracement level of 0.382.
• Current candlestick structure: a strong correction candle appears but has not broken the bullish structure.
• Important technical support zones:
o 4.216 – 4.160 (Fibo 0.382 – 0.5): potential short-term support zone.
o 4.110 (Fibo 0.618): stronger support, if this zone is broken, it can move into a deep correction phase.
• RSI: still above 70, showing that the market is still in the overbought zone, prone to strong short-term fluctuations but has not confirmed a reversal.
=> Conclusion of the main trend: Gold is still in the main uptrend, currently only in a technical correction phase after reaching the peak, there is no signal of a medium-term reversal.
SELL XAUUSD PRICE 4309 - 4307⚡️
↠↠ Stop Loss 4313
→Take Profit 1 4301
↨
→Take Profit 2 4295
BUY XAUUSD PRICE 4160 - 4162⚡️
↠↠ Stop Loss 4156
→Take Profit 1 4168
↨
→Take Profit 2 4174
US30: Testing key supply zone, possible pullback ahead
SPREADEX:DJI – Price Reaction at Supply Zone | Possible Short-Term Correction
Timeframe: 30-Minute Chart
Analysis Style: Price Action • Supply & Demand • Market Structure
________________________________________
🧭 Market Context
After a strong rally from the lower demand zone, the Wall Street Index is now approaching a key supply area that previously triggered a sharp downward move.
At this level, sellers are beginning to step in again, and price momentum is starting to fade — suggesting a potential short-term correction ahead.
________________________________________
🧩 Market Structure & Key Zones
🔴 Supply Zone #1: 46,227 – 46,370
→ The first reaction zone, where previous selling pressure started a strong decline.
🔴 Supply Zone #2 (Major Resistance): 46,572 – 46,700
→ A higher zone where strong bearish momentum originated before.
🟢 Demand Zone: 45,900 – 45,700
→ A previous accumulation area that fueled the recent bullish leg — possible support zone if price pulls back.
________________________________________
📊 Current Price Behavior
Price has reached the 46,227 – 46,370 area and is showing signs of buyer exhaustion.
Multiple rejections and slower bullish candles near this level indicate a loss of momentum.
If the short-term bullish structure breaks, the market may shift toward a corrective phase.
________________________________________
📉 Trading Scenario
✅ Primary Scenario (Bearish Reaction Expected):
1. Price might retest 46,229–46,400 once more.
2. Failure to break above this level could lead to a downward “push.”
3. Target zone for the correction: 45,800 – 45,900.
⚙️ Alternative Scenario:
• If price closes clearly above 46,400, the short-term bearish setup becomes invalid.
• In that case, the next resistance to watch lies around 46,600 – 46,700.
________________________________________
💡 Conclusion
The Wall Street Index is currently testing a critical supply zone with visible signs of slowing momentum.
Unless bulls regain control above 46,400, the market may experience a short-term pullback toward the lower demand area.
This analysis is for educational and informational purposes only — not financial advice. Always confirm with your own price action and risk management strategy before making any trading decisions.
Please like and comment below to support our traders. Your reactions will motivate us to do more analysis in the future 🙏✨
Harry Andrew @ ZuperView
Elliott Wave Analysis: Gold Near Potential Wave 5 Reversal PointGold Price Action Analysis - Potential Wave 5 Setup (sub waves within Wave A going down)
Wave Structure Overview
The current structure on the 15-minute chart appears to be unfolding in a classic 5-wave impulsive sequence:
Wave (1) — Initial sell-off following local top formation.
Wave (2) — Sharp retracement, testing previous supply, rejected at previous premarket range high (Friday US Stocks premarket high)
Wave (3) — Strong impulsive move down with expanding volume, typical of a wave 3 extension.
It respected one of our previous opening range high (lower yellow level).
Wave (4) — Counter-trend rally into a prior supply block / zone, showing hesitation and rejection. (we are likely done, since it had retraced to 0.5 Fib of Wave 3), i am not ruling out where we may have one more small wave up before we get into the real wave (5).
Wave (5) — Still developing, assuming wave (4) is done, we are likely to push into the lower yellow demand zone, where either continuation or a significant rebound may occur.
One scenario that can happen is that we double bottom where wave 5 meet end of wave 3, and we start a corrective wave up which is a potential Wave B going up.
🟧 Key Levels to Watch
Upper Zone (around 4271–4290)
This zone aligns with the ORH level and prior Wave (4) rejection area.
➝ If broken with strong momentum, it can invalidate the immediate bearish Wave 5 scenario and hint at a deeper retracement or new bullish structure.
Lower Zone (around 4198–4181)
This is a strong demand zone, confluence with Wave (3) extension targets and potential end of Wave (5).
➝ Price reaction here is crucial: either we see a clean 5-wave completion and rebound, or further downside acceleration.
📊 Momentum Confirmation (MACD)
The MACD shows a decelerating bearish momentum going into Wave (5), which fits the classic pattern where Wave 3 has the strongest momentum and Wave 5 often shows divergence or a weaker push.
If MACD prints a higher low while price makes a lower low, that would confirm bullish divergence, a common reversal signal after an impulse.
📝 Trading Implications
Scenario A — Bounce at Demand Zone:
Look for reversal signals or bullish divergence near 4180–4198 to confirm the end of Wave (5). Potential short-covering rally could take us close to 4300
Scenario B — Breakdown Below Demand Zone:
A clean break and close below 4180 may open the door to extended bearish continuation — likely a larger degree correction or Wave C structure.
Invalidation:
A move and acceptance above the upper ORH zone would invalidate this short-term bearish count.
Final Thoughts
This setup is technically clean:
Clear Elliott structure
Key liquidity zones mapped
Momentum oscillator in sync with price action
⚠️ But remember, Wave 5s can truncate or extend, so flexibility is key. Watch how price behaves at the lower yellow zone — that’s where the next big move could be born.
Wait for price to SHOW ME WHERE TO MAKE MONEY!Hey Squad,
Im going to keep this short and sweet but I want you to PEEP......lol the possible setups that are coming. This week we can not tell exactly what to look for since the market is giving us opposing call outs. For example, The Weekly looks like a double top has formed showing bears/selling favor but the 4/8h shows respecting of a low and shows the forming of a double bottom!
so what does this mean? We are waiting for price to show us who to follow!! But if you were to ask me....I believe the USD will suffer this week due to shutdown and uncertainty so I believe we will be trending low! Good for gold and silver traders and those that see weakness in the $!
If we can break below the 1.163 area and hold I think its clear we are moving down until we hit a high time frame FVG.
Tell me your thoughts and comments on this Analysis!
and like always! Gd look out there and TAKE PROFIT!
Bullish continuation for NASDAQ?
📊 CME_MINI:NQZ2025 Analysis – Oct 18, 2025
🧠 Market Context:
Price recovered back into Premium of range (the upper part of the current weekly range) after the drop to 24,158. Creating an inside week that managed to provide a Bullish close.
Inside Week consolidated in an 1H frame.
Price currently upper band (Premium) of 1H consolidation.
Trapped Sellers at discount of 1H range which happens to be previous week Opening
Gap High area.
Lack of US scheduled Red Folder news until Friday morning.
8:30am
📕 Core CPI m/m
📕 Weekly wick 50% at 25196
📕 CPI y/y
9:45am
📕 Flash Manufacturing PMI
📕 Flash Services PMI
Price referencing areas between 25,050–25,210. Premium of a weekly range.
🔼 There are several thing to note here:
🎯 Daily wick 50% at 25121.75
🎯 Weekly wick 50% at 25196
🎯 A Daily REQ Close and Open ( Origin of Weekly Short) at 25354.00
🎯 And REQ (Relative Equal) Highs and ATHs (All Time Highs) at 25394.00
Price can continue to explore Premium of weekly range using these as targets but keep in mind the potential for weakness and reversal formations along these levels.
High timeframe bias as well as structure still Bullish, keeping in mind that Price is currently within a Bearish Range (Friday October 10, 2025) Mondays PA and range might clarify wether Bias will remain Bullish, or if there will be any more signs of weakness and reversal formations.
🔻 There are several thing to note on the short side here:
🙁 Trapped Sellers ( Passive Liquidity) at discount of 1H Range and accumulation or Lower Band.
📉 Week Opening Gap (Reference partially) at discount of bigger range
📉 Weekly Low at 24410.00
📉 Previous Weekly Low at 24158.50
🧩 Context: Still questioning whether Fridays drop could be labeled as Price displacement and considered signal, or Rebalance. The difference will be noticed Mon-Tues.
Still uncertain on 💲 Dollar TVC:DXY Pending Bullish continuation confirmation or reversal back into chop.
NASDAQ 100 ShortRetracement function on the daily chart...
Price has filled the inefficiency on the daily chart here on NQ and formed a Reversal on all 3 correlated assets alongside Dow Jones 30 and S&P500
Anticipating price to drop down to the lows outlined before the end of next week 24 Oct 25', option puts??
Daily chart projection, nothing more than that, lower timeframes are subject to fluctuations that we may not be able to update quickly enough, so yeah.
I use the VANTAGE:NAS100FT by Vantage
GLGT
GOLD sets new record amid global risk waveSpot OANDA:XAUUSD continued to break out in the Asian trading session on Thursday morning (October 16), hitting a record high of $4,239.07/ounce, as investors increasingly sought the precious metal as a safe haven from increasingly complex fluctuations in the global economy.
In the previous session, gold closed at $4,207.85/ounce, up $65.94 (equivalent to 1.59%), and continued to increase by more than $25 today. Since the beginning of the week, gold prices have increased by nearly 5%, continuing a strong upward trend since mid-August.
The rise in gold prices comes as the US Federal Reserve (Fed) signals it will maintain its easy monetary policy path. Speaking this week, Fed Chairman Jerome Powell said the central bank is “on track” to cut its benchmark interest rate by another 0.25% later this month, in response to signs of weakening growth and external uncertainty. Lower borrowing costs typically increase the appeal of non-yielding gold compared to bonds and currencies.
Meanwhile, US President Donald Trump’s latest comments have added to the market’s tension. Responding to a reporter’s question about trade relations with China, Mr. Trump said: “Yes, we are in a trade war right now.”
This statement, quoted by Bloomberg News, has raised concerns about long-term damage to the global economy, a factor that often drives capital flows to safe-haven assets such as gold.
In addition, the risk of a US government shutdown and the “downdraft effect” when investors simultaneously sell bonds and foreign currencies to switch to holding gold and safe-haven assets, further strengthening the precious metal’s price increase.
Strong central bank gold buying has also played a significant role in the rally. Personally, I believe that much of this year’s rally has been “driven by physical demand”, as many central banks “aggressively add to reserves to hedge against sovereign debt risks and expansionary monetary policies”.
So far, gold prices have risen more than 60% in 2025, reflecting a clear shift in global investment thinking, where gold has once again asserted its central role as a source of financial confidence in times of political and monetary uncertainty.
Technical Analysis OANDA:XAUUSD
Spot XAUUUSD continues to maintain a strong uptrend, currently trading around $4,239/ounce, up nearly 0.75% on the day and approaching the 0.618 Fibonacci resistance zone at $4,213 – $4,286, corresponding to the top of the short-term rising channel.
Trend Structure
• The medium-term uptrend remains solid, with a series of steadily rising candles and the MA50 maintaining a strong upward slope, reinforcing the bullish momentum.
• The uptrend channel remains effective, with prices currently hovering at the upper boundary of the channel, indicating that the buying momentum is too strong in the short term.
• The RSI remains above 70, indicating a technically overbought state, but there is no clear reversal signal yet; this usually signals a slight correction before the uptrend continues.
Key Technical Zones
• Resistance: 4.286 (0.786 Fib) and 4.378 (100% extension target).
• Support: 4.162 (0.5 Fib), 4.059 (old confluence – dynamic support), further 3.947 (balance).
Intraday Scenario
• The main trend remains bullish, but the risk of a short-term correction increases as prices approach the Fibonacci resistance zone.
• Day traders can wait for a buyback around $4,160 – $4,180, the confluence between the 0.5 Fib and the midline of the rising channel, where bottom-fishing buying is likely to emerge.
• The short-term target is $4,280 – $4,300/oz, corresponding to the upper boundary of the rising channel.
• Technical stop-loss should be placed below $4,050 (psychological support and short-term MA).
Overview
Speculative money still dominates, but the market is showing signs of needing a “technical breather” to consolidate the new price base. In the context of the Fed easing signals and escalating geopolitical tensions, the main uptrend of gold is not yet threatened, but short-term trading should prioritize the strategy of buying on corrections instead of chasing high prices.
SELL XAUUSD PRICE 4298 - 4296⚡️
↠↠ Stop Loss 4302
→Take Profit 1 4290
↨
→Take Profit 2 4284
BUY XAUUSD PRICE 4144 - 4146⚡️
↠↠ Stop Loss 4140
→Take Profit 1 4152
↨
→Take Profit 2 4158
BTC - Another Wick Down to 35,000Per this parallel ascending Channel breakdown - expect another large wick to the downside.
Short Entry - 111,200 to 112,500
Stop Loss - 112,700
Target 1 - 97,350
Target 2 - 64,700
Target 3 - 36,100
This is the first wick down of a 3 wave corrective movement.
I will break the trade down into smaller segments.
For the larger idea see related post “Ultimate Swing Short”
- DD
GOLD bounces back, hopes of policy reversalOANDA:XAUUSD reversed dramatically in the trading session on October 14, after Federal Reserve Chairman Jerome Powell sent a clear dovish message, indicating that the Fed is ready to continue its rate-cutting cycle despite political uncertainty and the US government shutdown.
As of the time of writing, gold quickly recovered to $4,178 per ounce, up 0.89% on the day. The main driver came from expectations that the Fed will cut interest rates by another 0.25% in October, a signal that Powell reinforced in his speech at the National Association for Business Economics Annual Meeting.
Powell said the outlook for jobs and inflation “has not changed materially” since the September meeting, when the Fed began easing. But he stressed that risks to the labor market are rising, hiring has slowed, and unemployment could soon rise again after a long period of deep decline. “We are at a point where further deterioration in the labor market could start to show up in the unemployment rate,” Powell said, hinting at the possibility that the Fed may have to act more quickly to protect the expansion.
The announcement is seen as a turning point in policy direction, especially after Powell admitted that the Fed is considering ending the process of shrinking its balance sheet, a factor that has tightened global liquidity over the past year. Many organizations such as TD Securities believe that the Fed could announce the end of this program as early as the October meeting, paving the way for a clearly easing monetary environment from November.
The reaction in financial markets was immediate: the yield on the 10-year US Treasury bond fell to 4.03%, the DXY index fell 0.25% to 99.00, showing that the Dollar is under new selling pressure. At the same time, safe-haven flows returned to the gold market, reinforcing the rapid recovery of this precious metal.
Markets saw Powell’s message as not only reassuring after a period of intense volatility, but also as opening up the possibility that the Fed is preparing for a prolonged easing cycle.
Broadly, the Fed is shifting its focus from containing inflation to protecting growth and jobs, a strategic shift. With global growth slowing, geopolitical risks spreading, and US-China trade tensions rising, Powell appears to prioritize maintaining liquidity and financial stability over further tightening.
Gold prices have risen more than 57% year-to-date, supported by safe-haven demand, strong central bank buying, and large inflows into gold ETFs. Institutions such as Bank of America and Société Générale are now raising their gold price forecasts to $5,000/ounce by 2026, in a scenario where the Fed ends its tightening cycle and the dollar enters a period of structural weakness.
If the Fed confirms its dovish stance at its October meeting, investors expect this could be a turning point in global monetary policy, with gold continuing to serve as a “confident gauge” of Powell’s management ability and the resilience of the US financial system.
Technical outlook analysis OANDA:XAUUSD
Trend Overview
• Main Trend: Strongly bullish, price remains in an ascending channel, a series of long-bodied candles shows that buyers are in control.
• Technical Momentum: RSI in overbought zone (>75), momentum is still there but signals a risk of a short-term correction.
Important levels on the chart
• Near resistance: $4,213 (Fib 0.618). Next extension zone $4,286 – $4,378.
• Near support: $4,100 (psychological level), followed by $4,060 and $4,000 (strong support/low MA).
Short-term scenario & warnings
• Preferred scenario (trend-follow): maintain medium-term bullish view if price holds above 4,000–4,060.
• Correction warning: due to overbought RSI, a pullback of $50–$120 may occur to “digest” the momentum before continuing the trend. Macro news (Powell, employment data, geopolitical news) may trigger strong volatility.
Risk Management
• Smaller order sizes than usual due to high volatility.
• Don't chase prices past strong resistance; prioritize buying on signs of a successful retest.
The uptrend is still intact; a reasonable strategy is to buy with the trend on corrections or buy breakout confirmations. However, overbought RSI and macro/geopolitical news risks could cause significant pullbacks, so prioritize risk management and tight SL.
SELL XAUUSD PRICE 4242 - 4240⚡️
↠↠ Stop Loss 4246
→Take Profit 1 4234
↨
→Take Profit 2 4228
BUY XAUUSD PRICE 4145 - 4147⚡️
↠↠ Stop Loss 4141
→Take Profit 1 4153
↨
→Take Profit 2 4159
Oil Finally Breaks the Range — Downside Momentum EmergingAfter weeks of sideways, messy price action where most traders got chopped up, CL has finally chosen a direction. During that entire range-bound phase, we stayed on the sidelines and focused on cleaner markets instead — waiting patiently for this exact moment of clarity.
Now price has broken below the range lows with the 5/10/20 EMAs stacked cleanly beneath the 50 EMA, confirming downside momentum and the start of a new expansion phase. For the first time in weeks, structure is aligned and directional — no more fakeouts, no more noise.
This is the kind of clean context where money is made, not lost. The plan now is simple: wait for a lower-high pullback into the EMA stack and look for continuation setups if structure holds.
Questions for discussion:
– Did you avoid trading this chop or get caught inside it?
– Are you seeing similar clean shifts forming in other markets right now?
– Do you prefer to sit out until context like this forms, or trade through the noise?
Surpassing the $4,100 mark amid trade tensionsOANDA:XAUUSD rose sharply in the first session of the week, surpassing the 4,100 USD/ounce mark, a new record high, as investors sought refuge in the context of escalating trade tensions between the United States and China, along with expectations that the Federal Reserve (Fed) is about to start a cycle of interest rate cuts.
Earlier, in the trading session on Monday, Spot Gold increased by 2.34% to 4,110.30 USD/ounce, reaching an intraday peak of 4,117.27 USD, massive speculative money flows into the precious metal as global political and trade uncertainties continue to dominate.
Some investors believe that gold can easily maintain the current upward momentum, thanks to a combination of central bank buying, ETF inflows and expectations of Fed policy easing.
US-China tensions spark safe-haven buying
Gold prices accelerated after President Donald Trump announced a 100% tariff on imports from China and plans to control strategic software exports from November 1, a move seen as a response to Beijing's restrictions on exports of key minerals.
Although Trump assured on social media that "everything will be fine", the market still saw this as the start of a new round of escalation in the trade war.
The risk of additional 100% tariffs is still an unpriced variable and of course all risks are a lucrative bait for gold prices to continue to develop positively.
Fed Moves Closer to Taper Cycle
Expectations for Fed easing continue to underpin non-yielding gold. According to CME Group’s FedWatch tool, markets are pricing in a 97% chance of a 25 basis point cut in October, and a 100% chance of a cut in December.
Chair Jerome Powell is scheduled to speak at the National Association for Business Economics (NABE) annual conference on Tuesday, which is expected to provide further clarity on the path of monetary policy during this delicate period. A host of other Fed officials are also due to speak this week, as global financial markets react strongly to signals from Washington.
Gold Price Outlook: Long-Term Uptrend Strengthened
According to the latest forecasts, Bank of America and Société Générale both see gold prices surpassing $5,000 an ounce by 2026, while Standard Chartered has raised its 2025 target to $4,488.
Suki Cooper, global head of commodities research at Standard Chartered, said:
“The current rally still has room to run. A short-term technical correction could be a positive signal for a more sustainable uptrend.”
Finally, with trade tensions yet to ease and global monetary policy easing, gold continues to consolidate its position as a strategic haven asset in the current period of economic and geopolitical volatility.
Technical Outlook Analysis OANDA:XAUUSD
Main trend:
Gold continued its strong uptrend, closing around 4,142 USD/ounce, still within the main uptrend channel.
Resistance: 4,162 – 4,213 – 4,286 USD
Support: 4,100 – 4,060 – 4,000 USD
RSI > 75 shows extremely strong buying momentum, but short-term overbought, a technical correction may appear.
Overview:
The medium-term uptrend remains intact, the next target is towards $4,300, as long as the price holds above $4,000.
RSI warns of short-term fluctuations, prefer buying on corrections rather than chasing prices.
SELL XAUUSD PRICE 4200 - 4198⚡️
↠↠ Stop Loss 4204
→Take Profit 1 4192
↨
→Take Profit 2 4186
BUY XAUUSD PRICE 4113 - 4115⚡️
↠↠ Stop Loss 4109
→Take Profit 1 4121
↨
→Take Profit 2 4127
How to Trade with Stochastics in TradingViewMaster Stochastics using TradingView’s charting tools in this comprehensive tutorial from Optimus Futures.
The Stochastic Oscillator is a momentum indicator that helps traders identify potential turning points in the market by comparing the current closing price to the recent high–low range. It’s designed to show when momentum may be shifting from buyers to sellers — or vice versa.
What You’ll Learn:
- Understanding the Stochastic Oscillator as a momentum tool plotted from 0 to 100
- How the %K line represents the current close relative to the recent high–low range
- How the %D line acts as a moving average of %K and serves as a signal line
- Key thresholds: readings above 80 suggest overbought conditions, while below 20 suggest oversold conditions
- Why overbought and oversold levels are not automatic buy or sell signals — and how strong trends can keep Stochastics extended
- Identifying bullish and bearish crossovers between %K and %D
- Spotting bullish and bearish divergence between price and momentum
- Using Stochastics to confirm trend direction across different timeframes
- How to add Stochastics on TradingView via the Indicators menu
- Understanding the default settings (14, 3, 3) and how adjusting them affects responsiveness
- Practical examples on the E-mini S&P 500 futures chart
- Applying Stochastics across multiple timeframes — daily, weekly, or intraday — for confirmation signals
This tutorial will benefit futures traders, swing traders, and technical analysts who want to incorporate Stochastics into their trading process.
The concepts covered may help you identify momentum shifts, potential reversal zones, and trend confirmations across different markets and timeframes.
Learn more about futures trading with TradingView:
optimusfutures.com
Disclaimer
There is a substantial risk of loss in futures trading. Past performance is not indicative of future results. Please trade only with risk capital. We are not responsible for any third-party links, comments, or content shared on TradingView. Any opinions, links, or messages posted by users on TradingView do not represent our views or recommendations. Please exercise your own judgment and due diligence when engaging with any external content or user commentary.
This video represents the opinion of Optimus Futures and is intended for educational purposes only.
Chart interpretations are presented solely to illustrate objective technical concepts and should not be viewed as predictive of future market behavior. In our opinion, charts are analytical tools — not forecasting instruments.