Gold 1H – Fed Decision Looms After $3,700 BreakGold on the 1H timeframe is consolidating around 3,675 after sweeping the historic $3,700 level. Price briefly tapped 3,702 before retreating into the 3,670s, showing engineered liquidity runs both sides. With the Fed policy decision due at 1 AM VN time, volatility is expected to spike. Market remains supported by easing USD, central bank flows, and geopolitical tension, but short-term positioning suggests possible liquidity grabs before a directional move.
________________________________________
📌 Key Structure & Liquidity Zones (1H):
• 🔴 SELL SCALP 3,696 – 3,694 (SL 3,703)
Premium supply pocket for engineered rejection targeting 3,690 → 3,685 → 3,680.
• 🟢 FVG BUY ZONE 3,674 – 3,665 (SL 3,660)
Fair Value Gap demand zone for retracement into structure, targeting 3,685 → 3,695 → 3,700+.
• 🟢 BUY SUPPORT 3,636 – 3,638 (SL 3,630)
Deep discount accumulation zone targeting 3,655 → 3,670 → 3,680+.
________________________________________
📊 Trading Ideas (Scenario-Based):
🔺 Buy Setup – FVG Reclaim (3,674–3,665)
• Entry: 3,674 – 3,665
• Stop Loss: 3,660
• Take Profits:
TP1: 3,685
TP2: 3,695
TP3: 3,700+
👉 Look for liquidity sweep into FVG before NY session/Fed.
🔺 Buy Setup – Deep Discount (3,636–3,638)
• Entry: 3,636 – 3,638
• Stop Loss: 3,630
• Take Profits:
TP1: 3,655
TP2: 3,670
TP3: 3,680+
👉 High R:R setup if stops hunted before Fed decision.
🔻 Sell Setup – Premium Trap (3,696–3,694)
• Entry: 3,696 – 3,694
• Stop Loss: 3,703
• Take Profits:
TP1: 3,690
TP2: 3,685
TP3: 3,680
👉 Expect engineered stop-runs into premium before fading lower.
________________________________________
🔑 Strategy Note
Gold’s break above $3,700 highlights strong bullish sentiment, but Fed decision risk means smart money may sweep liquidity both ways. Stay nimble: fade extremes at 3,696–3,694 for shorts, and defend demand at 3,674–3,665 and 3,636–3,638 for longs. Trade lighter size until post-Fed clarity.
Gold
Potential bearish drop off?The Gold (XAU/USD) has reacted off the pivot and could drop to the 1st support which acts as a pullback support.
Pivot: 3,674.77
1st Support: 3,624.94
1st Resistance: 3,697.75
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
GOLD was clearly supported, but Powell stopped shortIn the trading session on September 17 in New York, the US financial market "spinned like a pinwheel" after the Federal Reserve's decision to lower interest rates and Chairman Jerome Powell's speech. The Dollar recovered after Mr. Powell's speech, causing gold to be sold off strongly. As of the time the article was completed (Thursday, September 18), the gold price was trading at 3,662 USD/oz.
The Fed officially cut interest rates by 25 basis points, bringing the federal funds rate band down to 4.00% - 4.25%, as expected. This is the first time the Fed has cut interest rates since December last year. This decision immediately caused the USD to plummet to a 4-year low against the euro, while spot gold prices jumped to a new record. However, after Powell's speech, the USD quickly recovered strongly, while gold fell from the peak due to profit-taking pressure.
The US stock market also fluctuated violently: all three major indexes rose sharply for a moment and then quickly reversed. Powell emphasized that the Fed was in no hurry to ease further and this move was considered a “risk management cut”.
In the statement after the meeting, the FOMC acknowledged that the US economy was “slowing”, employment was weakening, inflation was rising and the downside risks to the labor market were growing. However, the Fed still forecast two more 0.25% rate cuts this year, according to the “dotplot chart” tool showing the expectations of each official. New member Milan was the only one who opposed, wanting a sharp 0.5% cut.
Powell said future decisions would be considered “on a meeting-by-meeting basis,” suggesting the Fed is moving cautiously rather than aggressively easing. Officials are also increasingly converging on the idea that the Trump administration’s trade and tariff policies will only have a temporary impact on inflation.
Technical Outlook Analysis OANDA:XAUUSD
On the daily chart, gold has not been able to surpass the 3,700 USD price mark, the profit-taking momentum has caused the gold price to drop sharply and very quickly, but with the current position, it still has all the conditions to increase in price. Specifically, the main trend is still stable with the price channel as the medium-term trend, and the support from EMA21 as the main support, followed by the 0.50% Fibonacci extension level as the current nearest support.
On the other hand, in terms of momentum, the RSI has not yet signaled the possibility of a more significant downside correction, as the RSI is still operating in the overbought area and is mostly moving sideways, indicating that profit-taking in the market is limited, leading to limited downside momentum. A downward sloping RSI through the 80 level is the best signal for a more significant downside correction. During the day, if gold breaks above the 0.618% Fibonacci extension level again, it will be in a position to retest the $3,700 level, more so the $3,722 level once the original $3,700 level is broken.
Finally, the general trend of gold price on the daily chart is bullish and the notable points will be listed as follows.
Support: 3,645USD
Resistance: 3,677 – 3,700USD
SELL XAUUSD PRICE 3696 - 3694⚡️
↠↠ Stop Loss 3700
→Take Profit 1 3688
↨
→Take Profit 2 3682
BUY XAUUSD PRICE 3616 - 3618⚡️
↠↠ Stop Loss 3612
→Take Profit 1 3624
↨
→Take Profit 2 3630
XAUUSD Intraday Analysis – September 18, 2025On the H1 chart, gold shows clear weakness after failing to sustain bullish momentum. The “Bulls Break Down” phase occurred with a strong rejection around 3,674 – 3,680 USD/oz, which has now turned into a key short-term resistance zone.
Key Support & Resistance Levels
Immediate Resistance: 3,674 – 3,680 USD/oz (Stop Loss zone for short positions).
Minor Resistance (now supply): 3,648 – 3,650 USD/oz.
Immediate Support: 3,643 USD/oz.
Deeper Support: 3,622 – 3,625 USD/oz.
Trading Strategies
Main short-term trend: Bearish.
Price has broken the previous bullish structure and is forming a downside wave with minor pullbacks toward resistance zones.
Scenario 1 – Sell on pullback (preferred):
Entry: 3,656 – 3,660 USD/oz upon retest.
Stop Loss: above 3,675 USD/oz.
Take Profit: 3,643 USD/oz (TP1), extended to 3,622 USD/oz (TP2).
Scenario 2 – Countertrend Buy (high risk, less favorable):
Only valid if price holds above 3,643 USD/oz with clear bullish reversal candles.
Take Profit: 3,660 – 3,670 USD/oz.
Stop Loss: below 3,638 USD/oz.
Technical Confluence
EMA: Price is trading below short-term EMAs, confirming bearish pressure.
RSI (H1): Trending lower, not yet oversold, leaving room for further downside.
Fibonacci Retracement: The 3,674 USD level aligns with the 61.8% retracement, strengthening the bearish rejection.
- In summary, gold is leaning bearish intraday, with a preference for short positions on pullbacks. A clean break below 3,643 USD/oz would open the door to 3,622 USD/oz.
XAUUSDOverall, gold prices remain in a strong uptrend, but in the short term, if the price fails to break above 3704, there is a possibility of a downside, so consider selling in the red zone.
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
❤️ Like and subscribe to never miss a new idea!
Gold — Fed Cut Fade: Overextended, Eyeing a ThrowbackGold — Fed Cut Fade: Overextended, Eyeing a Throwback 🎯
Gold ripped higher into the FOMC, but the 25 bp cut was fully priced in. Post-decision, we saw the classic whipsaw — down → up → slow fade into the close. With the dollar and real yields catching a bid, the metal looks due for digestion before the next leg.
Technicals (4h)
Overextended run: Vertical leg higher with no real basing.
Supply zone: Sellers showed up around 3.71–3.75k.
Volume magnet: Confluence of the broken trendline + HVN sits down at ~3.41k.
Thin profile: Gap between 3.52 → 3.41k leaves room for a fast move lower if momentum flips.
Trade Idea
Short bias: Fading the 3.71–3.74k zone or on breakdown acceptance below 3.69k.
Stop: Above 3.76k (invalidation).
Target: 3.41k (major HVN + retest zone).
Macro Context
The Fed’s move matches expectations. With positioning stretched and “buy the rumor / sell the news” in play, near-term risk is for a pullback. Medium term, the trend stays bullish if easing continues and real yields drift lower.
Not financial advice — just sharing the setup I’m watching.
#Gold #GC1 #Futures #ShortSetup #VolumeProfile #FOMC
Fed Cuts Rates — Gold Reacts, Watching for Follow-Through or ReThe Fed has just delivered a 25 bps rate cut, and there’s a mixed tone in the after-move: inflation still high, jobs softening, and the dot-plot shows more cuts are expected — but with divided opinions.
On the chart, Gold spilled out of consolidation post-Fed, touched key support, and is now pressing back toward a 4H FVG (supply zone).
Scenarios:
Upside: If price pushes up toward the 4H FVG, gets rejected cleanly → potential short entry.
Downside: If that rejection holds, or support breaks, expect slide toward high timeframe FVG region in 3600s.
Trade with eyes open — volatility likely stays high. Support & resistance zones are critical here.
FOMC Liquidity Games – Gold Trapped Both Sides Ahead of UnemployHello traders, today Gold delivered a textbook manipulation during FOMC — first sweeping liquidity into demand, then spiking into supply before rejecting hard. With Unemployment Claims tomorrow, price is trapped between two clean structural zones. Let’s map it out 👇
🔸 Higher Timeframes (D1 + H4)
D1: Macro bullish structure still intact (higher lows). Today’s candle left long wicks both sides → clear evidence of liquidity hunts, not a trend change.
H4:
3645–3655 demand → validated as price flushed into this zone (low 3651) and reversed strongly.
3696–3707 supply → confirmed as the rally stalled here, leaving rejection wicks and sending price back down.
🔸 Intraday (H1)
Pre-FOMC: Tight range around 3680–3685, building liquidity.
FOMC flush: Sharp dump into 3645–3655 demand, liquidity cleared, buyers stepped in.
Rally: Straight run into 3696–3707 supply, where sellers reactivated.
Reject: Strong drop back to 3646, followed by a bounce into 3666.
🔥 What This Means
Gold is currently balancing at 3657, right between demand and supply.
Tomorrow’s Unemployment Claims will be the catalyst:
Break below 3645–3655 demand → opens the path into 3630–3620, and deeper into 3590–3580 if momentum continues.
Break above 3666 and 3696–3707 supply → unlocks upside into 3725–3735, with potential extension toward 3750–3760.
🧭 Final Thoughts
FOMC didn’t give direction — it gave the trap.
Demand at 3645–3655 and supply at 3696–3707 are now the battlefield.
Tomorrow, whichever side breaks will dictate the next leg.
💬 Do you think buyers will defend demand or sellers will push deeper? Drop your thoughts below 👇 — and don’t forget to like and follow GoldFxMinds for more daily precision breakdowns.
Go long before the data,be wary of a short-selling counterattackYesterday, gold retreated slightly in the Asian session, continuing the strong bull pattern. We originally expected to wait for gold to retreat to the support level of 3675-3665 to go long on gold, but the market always only gives us unattainable points. In the evening, gold rebounded directly to around 3703, which is in line with my previous judgment that gold will touch 3700 after stabilizing above 3665. As gold hit a new high and the Fed was about to cut interest rates, some buyers on the upper side chose to take profits, which gave us another opportunity to retreat to the ideal point. We also successfully seized the opportunity to go long on gold. This morning, gold rebounded again to around 3695, and the long positions we held also made a wave of profits.
Judging from the current market conditions, yesterday's daily line closed with a positive sign, and 3703 became the short-term high point. The lower moving averages MA5 and MA10 in the daily chart are around 3665 and 3635 respectively, which is exactly the middle track position of the Bollinger band. Only when it effectively falls below this point, will gold usher in a trend reversal in the short term. 3665 is the key position for the top and bottom conversion, and the market's enthusiasm for a 50 basis point interest rate cut remains unabated. If gold falls back to 3665-3655 again in the European session without breaking, then gold will rebound. Therefore, before the data is released, I choose to go long on gold again and expect a rebound, with the short-term target at 3685-3705. Bros can gradually reduce their positions during the rebound or take profits and exit at appropriate points according to their own account conditions.
Exit with short-term profit. Interest rate cuts ignite the marke#XAUUSD OANDA:XAUUSD
Powell's comments and the Fed's interest rate cut will be the focus of the entire market tonight. If Powell makes dovish remarks this time or the rate cut basis point exceeds expectations, and the number of rate cuts is increased this year, gold will still have room to rise. On the contrary, if Powell makes hawkish remarks or the interest rate cut is less than expected, a technical correction may occur.
The group has reminded people to go long on gold when the price falls back below 3665-3655. Currently, the gold price has rebounded and successfully touched TP. Friends who continue to hold long positions can consider leaving the market early on the eve of the data release to avoid profit-taking caused by data uncertainty.
Resist trading before the data release and wait for the Fed's decision and Powell's speech. Support at 3660 remains. If it breaks below, the next target will be 3630-3600.
Gold Trade Update📊 Gold ( FX:XAUUSD ) Market Update
The 200-Day SMA held strong as support against the heavy sell pressure triggered by the conflicting FOMC statement – a move largely driven by liquidated buyers.
⚡ With structure intact, I’m expecting a complete reversal and continuation of the bullish trend in the coming hours to days.
📉 Remember – the 25bps rate cut remains bearish for the TVC:DXY , which keeps gold positioned for strength.
Trade smart, stay patient. 💛
Gold - Everything is Possible, as Always🚀 FX_IDC:XAUUSD Gold's Wild Ride: What's Brewing After the $3674 High? 🤯
Hey Goldbugs! 🤩 Our shiny friend, XAUUSD, has been on an absolute tear lately. Market makers did their magic, nudging Gold to a comfy spot around $3640, just shy of its ALL-TIME HIGH of $3674! 🚀 But now... crickets. What's next for our "always up" precious metal? Let's decode this mystery in a flash! 👇
The Lowdown: Why Gold's Taking a Breather 😴
1. The "Less Bad" News Effect:
Recent U.S. data has been... well, "less bad". Inflation/deflation drama is cooling off, and markets are starting to think things aren't as grim as they were. This makes some traders less keen on Gold, but don't forget the big players (institutions!) still need their fix. So, a tug-of-war begins! ⚔️
2. Overheated Engine Syndrome! 🌡️
Gold's run from $3321 to $3674 was a whopping +10.5% ($353!) at an almost 45-degree angle! That's impressive, but even the best engines need to cool down. Our daily RSI values have been chilling above 75% – that's "overheated" territory! 🔥 A correction is basically Gold taking a well-deserved nap.
The "C" Word: What Correction Looks Like 📉
Forget complicated math! A correction is usually a 10-20% price dip. Given Gold's recent sprint, we could be looking at a 20-30% pullback from that $353 gain, meaning a possible $70-$105 drop. 📉
Target Zones?
Many eyes are on $3580. But hey, Gold likes surprises! It could go lower, perhaps even test $3550 or more!
Your Trader's Toolkit:
Don't Get Caught Napping! 🛠️
Want to predict Gold's next move? Here's your cheat sheet:
Candlestick Clues: Watch for Shooting Stars 🌠, Hanging Men 🕯️, Spinning Tops, and Dojis. These are like little whispers telling you the trend might be tired.
EMA Lines: These are your trend compasses!
Fibonacci, Baby! 💫 Seriously, if you haven't, dive into Fibonacci Channels and Circles. They're like a crystal ball for price moves!
Economic Calendar: 🗓️ CPI, PPI, NFP, and U.S. Inflation Data are Gold's daily bread and butter. Know them!
🧠 ICT Insights: What the Pros Are Seeing 📊
Market Structure Shift (MSS): After hitting $3674, Gold's current wiggles (Lower Highs & Lower Lows) within this consolidation hint at a short-term shift in order flow. It's not a full reversal, but a pause for thought. If you look closely, you can see a Bull Flag Pole exists and the Flag is forming, currently a triangle, a good sign before the liquidity needs to get taken out from the bottom.
Liquidity Magnets:
Buy-Side Liquidity (BSL): Loads of orders (and stop losses!) waiting above $3674. That's a juicy target if Gold decides to moon again!
Sell-Side Liquidity (SSL): Plenty below the recent low around $3590-$3600. A dip here could be a "stop hunt" before bouncing.
Fair Value Gaps (FVG) & Order Blocks (OB): Those rapid green candles left "gaps" and "blocks" during the ascent. Gold loves to retrace and "fill" these gaps or retest these blocks ($3590-$3600 is a key OB zone!) before its next big move.
The Verdict? Gold's Not Done Yet! ✨
Is Gold heading for $3700+? YES! But probably not right now. A little cooldown, a bit of retracement to those key support levels and ICT zones, seems inevitable.
So, what to do? Be patient, be responsible with your capital, and keep your eyes peeled for those technical clues. Gold's next big move could be around the corner!
Next Week's Radar (ignoring the news for a sec):
Bullish Target: $3800 🚀
Bearish Target: $3550 🐻
Significant large orders are on
Sell Stop: 3611
Sell Limit_ 3657, 3659
Buy Limit: 3600, 3580, 3500
Buy Stop: 4497
-------------------------------------------------------------------------
This is just my personal market idea and not financial advice! 📢 Trading gold and other financial instruments carries risks – only invest what you can afford to lose. Always do your own analysis, use solid risk management, and trade responsibly.
Good luck and safe trading! 🚀📊
LiamTrading – XAUUSD Market points to Wave 4LiamTrading – XAUUSD Outlook
Sharing my personal view on the next potential move for gold.
From the current chart structure, the wave pattern suggests XAUUSD is likely in Wave 4. The correction began yesterday after price touched the 3,700 round number – a key resistance area that also aligns with the 1.618 Fibonacci extension. This zone typically attracts significant liquidity, and the subsequent pullback adds weight to the view that Wave 4 has been triggered.
At present, the main support level to monitor is 3,675. A break below this level could see the corrective move complete around 3,656. On the H1 timeframe, RSI has dropped below 30, indicating oversold conditions. In my opinion, while the market trades in this area, short positions remain favourable, though patience is required until clearer confluence signals emerge.
Trading plan (short-term focus):
Sell 3685–3687, SL 3693, TP 3670 – 3656
Buy 3656–3654, SL 3648, TP 3675 – 3690 – 3702 – 3721 – 3740
I’ll continue to share further updates if price action shows significant changes. Wishing everyone good trading and success in the markets.
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
After successfully sharing our 1H chart target updates earlier this week, here’s an update on our our 4H chart idea shared on Sunday.
This setup has also played out perfectly:
We started the week with 3655 being hit.
That was followed by the EMA5 cross and lock, which opened the target for 3696, also hit perfectly to complete the target.
Currently, we’re seeing range play between 3655 and 3696. The next move will depend on whether we get another EMA5 cross and lock above or below these two Goldturns, which will guide us toward the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3655 - DONE
EMA5 CROSS AND LOCK ABOVE 3655 WILL OPEN THE FOLLOWING BULLISH TARGETS
3696 - DONE
EMA5 CROSS AND LOCK ABOVE 3696 WILL OPEN THE FOLLOWING BULLISH TARGET
3738
BEARISH TARGETS
3615
EMA5 CROSS AND LOCK BELOW 3615 WILL OPEN THE FOLLOWING BEARISH TARGET
3583
EMA5 CROSS AND LOCK BELOW 3583 WILL OPEN THE FOLLOWING BEARISH TARGET
3545
EMA5 CROSS AND LOCK BELOW 3545 WILL OPEN THE FOLLOWING BEARISH TARGET
3509
EMA5 CROSS AND LOCK BELOW 3509 WILL OPEN THE SWING RANGE
3458
3409
EMA5 CROSS AND LOCK BELOW 3409 WILL OPEN THE SECONDARY SWING RANGE
3360
3320
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
XAU/USD | Gold Prints New ATH at $3,685 – Rate Cut Rally Ahead?By analyzing the gold chart on the 1-hour timeframe, we can see that the price broke the key $3,657 level, just as expected, and today it even printed a new ATH at an impressive $3,685! As you know, this week is the interest rate decision week, and markets are preparing for a rate cut — either 0.25% or 0.5%. Each scenario can have a different level of impact: a 0.5% cut could easily push gold above $3,700–$3,740.
Right now, gold is trading around $3,679. As long as it does not break and close below $3,674, we can expect some sideways movement followed by more upside, with the first target at $3,700. However, there’s also an important FVG (Fair Value Gap) between $3,664 and $3,674. If the first scenario fails, gold could sharply drop to fill this gap.
I hope this analysis was helpful for you — stay tuned for more setups based on this outlook!
My short followers cheer for the victoryThis is the trading idea I provided in my previous article. Clearly, the gold price movement has been in line with my expectations and has started to decline, earning us a considerable amount of profit from this short-term trade. www.tradingview.com Seven hours ago, I once again suggested opening a short position at 3695. The market has now dropped to around 3680, and we have once again reaped a good amount of profit.
During this round of strong and rapid rise in gold prices, there are traders who have made considerable profits by following the trend, while there are also many who have held short positions against the trend. I believe the latter situation is quite common. Some have already given up halfway, while others are still struggling. So, no matter which situation you are in now, you can follow me and share your entry point in the comment section. I will analyze and reply to each one, helping you turn losses into profits. Welcome to join my free camp.
TVC:GOLD FX:XAUUSD OANDA:XAUUSD BITSTAMP:BTCUSD COINBASE:ETHUSD
GOLD Will Go UP! Buy!
Hello,Traders!
GOLD is trading in a
Strong uptrend and we are
Bullish biased so as the price
Is already making a rebound
From the horizontal support
Of 3680$ a further bullish
Move up is to be expected
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
XAUUSD Short: Awaiting Rejection from the Supply LineHello, traders! The price auction for XAUUSD has been defined by a broadening wedge pattern, signaling a period of expanding volatility. This structure has been formed by a series of higher highs and lower lows, with key pivot points establishing the diverging supply and demand lines. This indicates a fierce but structured battle between buyers and sellers within a clear range.
Currently, the auction is at a critical inflection point at the top of this wedge. Following a strong rally from the demand line, the price is now directly testing the descending supply line. This is a high-liquidity area where seller initiative has previously overwhelmed buyers, making it a key decision point for the market.
The primary scenario anticipates a rejection from this supply line, continuing the rotational pattern within the wedge. The expectation is that sellers will defend this upper boundary and initiate a new downward swing back towards support. A failure to break out higher would confirm the short-term corrective scenario. The take-profit is therefore set at 3595, targeting the upper part of the first major demand zone. Manage your risk.
Gold XAUUSD Intraday Setup 17 SeptI am looking for a bullish setup on Gold ahead of FOMC, with my buy zone placed at 3669–3671, which aligns with previous support and a liquidity grab area. My stop-loss is set just below the recent swing low at 3658, keeping risk contained. If data comes in favor, I expect price to rally toward the 3703+ zone, with potential extension toward all-time highs as momentum builds. The setup offers a strong risk-to-reward profile, and given the rejection from lower levels, I’ll be watching closely for fundamentals to confirm continuation to the upside.
GOLD: Strong Growth Ahead! Long!
My dear friends,
Today we will analyse GOLD together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding above a key level of 3,678.55 So a bullish continuation seems plausible, targeting the next high. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
Gold | H4 Double Top | GTradingMethodHello Traders,
Is Gold about to confirm a double top on the 4H chart?
This pattern could mark the start of a short-term correction, but I’ll only take action if my trading system confirms all the right variables.
Gold has rallied strongly, but momentum looks to be fading. A double top is forming, and with RSI divergence building, this setup has my attention.
Some of the things my system would need to confirm are:
- H4 candle to close in the entry range
- That candle must close with a specific closure rate
- RSI needs to create another divergence
- Lower volume ideally, though this may be exempted due to upcoming data events
📊 Trade Plan:
Risk/Reward: 4.4
Entry: 3 703.0
Stop Loss: 3 719.7
Take Profit 1 (50%): 3 640.4
Take Profit 2 (50%): 3 616.5
💡 GTradingMethod Tip:
When trading double tops, I project the distance from the highest point to the neckline downward to identify profit targets. This keeps my trade plan systematic and objective.
🙏 Thanks for checking out my post!
Follow me to catch the next update and share your thoughts — I’d love to hear how you’re viewing Gold right now.
📌 Please note: This is not financial advice. This content is to track my trading journey and for educational purposes only.
GOLD What Next? BUY!
My dear subscribers,
GOLD looks like it will make a good move, and here are the details:
The market is trading on 3674.9 pivot level.
Bias - Bullish
My Stop Loss - 3669.3
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 3685.6
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK