GOLD ROUTE MAP UPDATEHey Everyone,
This is a follow up post from earlier with the typo correction and also to highlight the target 3416 now completed after ema5 lock above 3390 just like we said.
We will now look for a lock above 3416 for a continuation or failure to lock will see price test lower Goldturns for support and bounce.
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’ve 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 ranges give bigger bounces than our weighted levels, that’s the key difference between them.
BULLISH TARGET
3390 – ✅ DONE
EMA5 CROSS AND LOCK ABOVE 3390 WILL OPEN THE FOLLOWING BULLISH TARGETS
3416 - ✅ DONE
EMA5 CROSS AND LOCK ABOVE 3416 WILL OPEN THE FOLLOWING BULLISH TARGET
3439
BEARISH TARGETS
3365 – ✅ DONE
EMA5 CROSS AND LOCK BELOW 3365 WILL OPEN THE FOLLOWING BEARISH TARGET
3347
EMA5 CROSS AND LOCK BELOW 3347 WILL OPEN THE FOLLOWING BEARISH TARGET
3324
EMA5 CROSS AND LOCK BELOW 3324 WILL OPEN THE SWING RANGE
3304
3281
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
Goldprediction
XAU/USD – Near-Term Trade Plan
📍 Current Price: 3416
🔼 Buy Setup
Entry: Above 3425–3430
Target 1: 3450
Target 2: 3480
Stoploss: 3395
🔽 Sell Setup
Entry: Below 3390
Target 1: 3360
Target 2: 3330
Stoploss: 3420
Right now, this is not a strong bullish breakout yet because volume is missing.
If gold closes above the upper trendline (around 3450+) with big volume, that’s a valid breakout → target = height of triangle (~300–400 points).
If it fails near resistance and comes back inside the triangle, expect pullback towards 3300–3250 zone (lower trendline).
XAUUSD 15m – EW Short SetupHi fellow traders,
On the 15m XAUUSD chart, I am applying Elliott Wave principles to capture a potential short move. Price action is unfolding within an ending diagonal pattern, and I am anticipating the final leg down as wave (v).
Additional confluence is provided by the red-shaded supply zone, which coincides with the projected entry area and strengthens the probability of a reversal at this level.
I am entering at 3335.37, with a Stop Loss at 3345.30 serving as the invalidation level. My Take Profit is set at 3307.64, targeting the next key support area.
Good luck and trade safe.
XAUUSD 1H – EW Bearish Scenario Hi fellow traders,
On the 1h XAUUSD chart, I am applying Elliott Wave principles to outline a potential expanding flat scenario, forming either as an X-wave or a B-wave. If this count holds, I expect another leg to the downside before the larger structure completes.
The red-shaded supply zone provides a potential rejection area, while the blue-shaded demand zone below marks where price could stabilize. Most importantly, the golden box beneath remains untested, aligning with my expectation that price will revisit this key support zone before a stronger reversal.
For this setup, my entry is positioned around the supply zone, with a Take Profit aimed at the golden box below. The Stop Loss is placed at the invalidation level, meaning the trade idea is no longer valid if price breaks above this structure.
Although the broader sentiment may lean bullish, this bearish scenario remains technically supported by Elliott Wave structure and confluence levels.
Good luck and trade safe.
Gold has surged powerfully past 3400.Gold has risen as expected and has now broken through 3400, with the highest reaching 3408, which is just a hair's breadth away from our take-profit level of 3410. From the hourly chart perspective, the low points are gradually moving upward. We can exit once there's a volume-driven rally. Recently, focus on going long on pullbacks when trading; avoid trading against the trend.
Gold Rejects Daily HighsFenzoFx—Gold swept liquidity above the daily highs at $3,407.40 before retreating below this level. Prior to this move, Gold formed equal lows at $3,393.70, a level likely to be targeted next.
From a technical standpoint, this suggests potential downside. If selling pressure continues, XAU/USD could slide toward the next support at $3,384.50.
Gold XAUUSD Intraday Analysis 28.08.2025Gold volume has been shrinking over time, signaling reduced momentum. The price is approaching the 3403–3405 resistance zone, which aligns with a well-respected trendline. This area can serve as a potential reversal point for a short setup.
If price rejects this zone, downside movement toward 3384 becomes likely. A stop loss above 3414 protects against invalidation of the idea.
Trading Plan (Educational Idea)
Entry Zone (Sell): 3403 – 3405
Stop Loss: 3414
Take Profit: 3384
Notes.
Confirmation is required at the resistance (such as wick rejection, bearish close, or momentum shift).
Invalidation occurs on a sustained break above 3414.
This is a trendline-based counter-trade setup with defined risk.
We are ready for XAUUSD sellXAUUSD holding the Rangebound of 3380-3400.Gold is fundamentally critically bullish and delivered our 3400 mark!!
What possible scenario we have?
• I'm expecting market has to fall to the Base of rising channel atleast 3365-3360 area.
My sell area will be 3405-3408 previous High watch H4 for confirmation.
3380 then 3360 are my Targets.
• if H4-H1 candle closes above 3410 then I will be sidelines till 3420 and our selling will be invaild
All the entires should be taken once all the rules are applied
Tue 26 Aug Gold Trade Update - Target 1 and Target 2 reachedOn Tuesday 26 Aug, I shared a gold trade idea (please refer to previous post)
Buy 3365
stoo loss 3350
Target 1: 3390
Target 2: 3400
Target 3: 3420
Target 1 and Target 2 reached !
Hooray !
Target 3 might have some challenge, price might come down before going up again.
Generally speaking, Target 2 can take profit already.
XAU/USD Intraday Plan | Support & Resistance to WatchGold is trading around $3,400, pushing higher after reclaiming the $3,386 level, with the next target at $3,406. A clean break and sustained hold above $3,406 would open the path toward $3,422.
On the downside, failure to clear resistance could trigger a pullback into the $3,386 support, with deeper weakness exposing $3,363 and the $3,347–$3,328 support zone.
📌Key Levels to Watch
Resistance:
$3,406
$3,422
Support:
$3,386
$3,363
$3,347
$3,328
🔎 Fundamental Focus – Thursday, Aug 28
Today’s focus is on U.S. Prelim GDP and Unemployment Claims, both high-impact releases likely to move gold. Pending Home Sales also on the calendar.
⚠️ Volatility expected — watch for sharp moves and possible fakeouts around release times.
3400, the upper edge of the triangle, is gold long or short?#XAUUSD OANDA:XAUUSD
I reminded you yesterday not to chase the rising prices easily. 💻Gold retreated today as expected, hitting a low near 3385.
Gold is currently in a consolidation phase and has not given a clear trading direction, or it is waiting for the release of initial jobless claims data.📊
As the price of gold rises, the short-term support also moves up. 🌈The focus below is on the 3390-3380 support line. 🥅If it falls back but does not break, you can consider going long.📈 Pay attention to the short-term resistance range of 3402-3412 on the upside. Once it breaks through, it is expected to set a new high. Otherwise, it will maintain a high-level fluctuation pattern during the day.📉
Gold rose as expected; buy on the pullback.The recent movement in the gold market has fully aligned with our earlier bullish expectations. Particularly over the past two trading sessions, we consistently implemented a strategy of buying on dips around key support levels—starting from the $3,350 initial rise point, to the secondary pullback at $3,361, and finally yesterday’s trendline support. Each entry accurately captured the market’s rhythm, ultimately yielding substantial profits.
From a technical perspective, although the gold price faced brief resistance in the $3,396–$3,400 range during the day, leading to a minor pullback, both technical and trend logic suggest a high probability of this resistance being broken. On the one hand, gold has successfully broken out of the previous triangular consolidation pattern on the daily chart, completing a full "breakout–pullback–confirmation" structure. Yesterday’s price action, which saw a pullback precisely to the trendline support level followed by a swift rebound, further validated the effectiveness of this trendline and laid a solid foundation for further upside. On the other hand, the breakout from the triangular pattern was accompanied by a moderate increase in trading volume, indicating clear willingness among bullish investors to enter the market. The short-term pullback is more likely a digestion of profits and a consolidation of bullish momentum rather than a signal of trend reversal.
Based on this analysis, the intraday trading strategy remains focused on buying on dips, with particular attention to entry opportunities after pullbacks. If the gold price retraces to the $3,384–$3,386 range , this area should be considered a key entry level—a classic case of "resistance turned support" (as this range previously acted as short-term resistance but has now transformed into valid support following the breakout). Long positions can be initiated at this level. For risk management, set a strict stop-loss below $3,377, as this level not only marks the lower boundary of yesterday’s trendline support but also serves as a sh ort-term bull-bear dividing line. A break below this point would indicate insufficient upward momentum, warranting timely risk avoidance. In terms of targets, the first take-profit level is set at $3,410, which represents the upper boundary of the previous consolidation platform and carries certain resistance. If the price breaks above $3,410 with supporting volume, the second take-profit level at $3,420 comes into play, potentially opening the door for further upward movement. Throughout the trading process, close attention should be paid to the breakthrough of the $3,396–$3,400 resistance range. If an early breakout occurs with increased volume, consider adding positions to capitalize on the trend’s continuation.
Gold 27/08: Smart Money Targets 3405 or Sweeps 3355?Gold SMC Daily Plan – 27/08
Market Context (SMC View):
• Price consolidates around 3378, respecting the liquidity trendline with multiple BOS and ChoCH, showing smart money activity.
• Key resistance: 3393–3406 (supply & liquidity pool).
• Key support: 3352–3358 (demand zone) with OB near 3325.
• Expect a liquidity sweep either above 3405 or below 3355 before trend confirmation.
________________________________________
📊 Key Liquidity Zones & Entries
✅ Sell Zone: 3402–3406
o SL: 3410
o TP: 3390 → 3380 → 3360
✅ Buy Zone 1: 3352–3358
o SL: 3345
o TP: 3360 → 3375 → 3385 → 3395
✅ Buy Zone 2 (intraday pullback): 3376–3380
o SL: 3370
o TP: 3385 → 3395 → 3405
________________________________________
SMC Scenarios for 27/08
Scenario 1 – Liquidity Grab at Resistance:
• If price sweeps 3402–3406, watch for fake breakout signs.
o Short from zone with TP as above.
Scenario 2 – Buy on Dip (Demand Zone):
• If price retraces deeper to 3352–3358, wait for bullish reaction to buy.
• If price respects trend and holds 3376–3380, look for intraday longs.
________________________________________
SMC Notes:
• Focus on buying dips unless liquidity grab happens first at 3402–3406.
• Watch price action near trendline & OB at 3325 for high-probability reversals.
Safe-haven demand continues to hold support.Thus, after several consecutive sessions of increasing to a two-week peak, in response to signals of policy easing from Fed Chairman Jerome Powell as well as Mr. Trump's increasing pressure on the US central bank, gold prices have turned to decrease.
However, the decrease is quite small as safe-haven demand continues to maintain a strong support base.
The US PCE price index (used to measure inflation) released next Friday is expected to guide the gold market, with a consensus forecast of 2.6% for the overall index and 2.9% for the core index.
In the coming time, analysts warn that any erosion in the Fed's independence could boost demand for gold as a policy risk hedge.
In addition, global geopolitical and trade tensions remain persistent and are expected to continue to enhance the safe-haven value of precious metals.
On the afternoon of August 27 (Vietnam time), the US officially raised import tariffs on goods from India to 50%, double the previous rate of 25%, on the grounds that New Delhi continues to buy oil from Russia. This move could threaten trade relations between the US and India - one of Washington's most important partners, while pushing up prices of many commodities.
The probability of a 25 basis point rate cut is 87%.Investors have also bet on two declines in September and December. This limits the room for further declines in the USD, unless the Fed accelerates the pace of interest rate cuts in the rest of the year. However, this possibility is low as almost all Fed members are concerned about rising inflation again.
The decline of the euro also contributed to the USD's rise.
It can be seen that the USD's recovery is not strong enough to reverse the greenback's downward trend, but it has also negatively affected gold prices.
Gold is also under profit-taking pressure after the previous strong increases.
Precious metals are also less attractive when US stocks have positive developments. Stock markets around the world often have extremely active trading in September and October. The strong cash flow into this channel reduces the appeal of the gold market.
Gold is in the Bearish Direction after Retesting ResistanceHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Excellent profits delivered XAUUSD As I mentioned in Today’s commentary session:
•i took buy trades at 3375-3376 and I'm expecting market will test 3400 benchmark
if H4-H1 candles flips above 3385-3390 then 3410 then 3420 will be my milestone for intraday.
My strategy was buy the dips from 3375–3378
Very happy with the profits so far I bought GOLD 3375 -3378 –
Always follow your setup & your path with patience and discipline.
My 1st targets 3400 is achieved alhumdulillah.
All I say thanks to those who followed & trust me and made profits.
If it doesn't break 3400, be wary of a possible pullback#XAUUSD
Gold continued its upward trend tonight, consolidating again near 3390. Don't chase the rally at high levels!📊
Gold is near the upper edge of a convergent triangle.📐 As I told you before, whether it can effectively break through the edge of the triangle will determine the subsequent trend of gold in the short term. ⚖️
If it fails to effectively break through the upper range of 3395-3410 in the short term, then gold may still have the possibility of a pullback. 📉Otherwise, upward momentum will be fully opened. Exercise caution in evening trading.💻
There will be initial unemployment claims data tomorrow, so please pay attention to it.
XAUUSD Gold Intraday Analysis 27 Aug, 2025Gold continues to trade inside an ascending channel, holding bullish structure as long as the trendline support remains intact. Price is currently consolidating near the midline, with immediate support seen at 3375–3377. A successful retest and hold of this zone would confirm continuation toward the channel highs.
Upside targets remain at 3401, aligning with the upper boundary of the structure, while downside risk is limited to a break below 3366, which would invalidate the bullish scenario and open the door for a decline toward 3351.
Trade Idea:
Buy from 3375–3377
TP 3401
SL 3366.
GOLD ROUTE MAP UPDATEHey Everyone,
Great day on the charts as our analysis played out and we got the Bullish Target 3390 just like we said. For continuation, we will now need an EMA5 cross and lock above this level. Failure to lock will likely see price action play between 3390 and 3365 until one breaks, while also keeping the 3347 gap in mind.
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’ve 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 ranges give bigger bounces than our weighted levels, that’s the key difference between them.
BULLISH TARGET
3390 – ✅ DONE
EMA5 CROSS AND LOCK ABOVE 3390 WILL OPEN THE FOLLOWING BULLISH TARGETS
3422
EMA5 CROSS AND LOCK ABOVE 3422 WILL OPEN THE FOLLOWING BULLISH TARGET
3439
BEARISH TARGETS
3365 – ✅ DONE
EMA5 CROSS AND LOCK BELOW 3365 WILL OPEN THE FOLLOWING BEARISH TARGET
3347
EMA5 CROSS AND LOCK BELOW 3347 WILL OPEN THE FOLLOWING BEARISH TARGET
3324
EMA5 CROSS AND LOCK BELOW 3324 WILL OPEN THE SWING RANGE
3304
3281
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