Stay bullish, stick to the direction.Gold prices did not continue to rise but instead fluctuated at high levels. Such fluctuations do not mean a short-term peak; only a drop back below $3,600 would warrant considering short-term short positions. The high-level consolidation on the 1-hour chart has not broken down, and after such a substantial rally, a minor short-term pullback is perfectly normal—there's no need for excessive concern. What's more important is to grasp the overall trend; pullbacks are just opportunities to get on board at a better price.
The market is currently focused on next week's Federal Reserve interest rate decision, which will be the real game-changing news. Therefore, holding the $3,600 level is crucial. As long as this level remains unbroken, the bullish momentum will continue to stay strong.
I will closely track and analyze the market daily. If you're losing direction in this kind of market, feel free to follow me or leave me a message.
Goldprediction
The first sign of bearsthey are coming 🐻🐻🐻🐻🐻🐻
Gold has been on a remarkable bullish run over the past few weeks, setting multiple new highs. However, we are now seeing the first clear signs of seller presence entering the market.
This looks like a potential turning point. While I cannot predict the exact magnitude or speed of the decline, the probability of a reversal from this point appears to be high. I am anticipating a significant pullback.
Keep a close eye on key support levels. This could be the start of a new phase for gold.
Pay attention to the low-buying opportunities above 3630.Gold ultimately broke through the trendline, breaking out of its current high near 3657. During the European trading session, it fluctuated upward between 3648 and 3640. Therefore, if the price doesn't retreat below 3630 before the European session, the probability of an upward breakout will increase in this volatile upward trend. Therefore, the European session's lowest retracement near 3640 is a key bullish target for a second leg higher.
Gold operation suggestion: go long around 3640-3630, target at 3660-3675.
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPWeekly Chart Update
Please see update on our weekly chart idea.
Sunday we stated that we had the weekly body close above the channel top at 3576 and now opened the door to the larger 3659 long-term gap target.
- this target is now complete
We will now look for a close above 3659 for a continuation or failure to lock will follow with a rejection into lower levels for support.
🔹 Range Support Levels
3576 and 3482 now act as layered support levels to keep the bullish case intact within this range.
Updated Levels to Watch
📉 Support – 3482 & 3576
Key supports for this new range. Holding above 3576 strengthens the case for continuation toward 3659. A failure back below 3576 puts 3482 into play as the next defensive level.
📈 Resistance – 3732
This becomes the next upside objective if structure holds above 3659.
Thanks as always for your support,
Mr Gold
GoldViewFX
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
This is a follow up update on our 4H chart idea that we shared Sunday stating that we still had the final gap in the range left.
EMA5 cross and cross and lock above 3561 left 3615 open.
- This target was hit this week now completing our 4H chart idea.
Keep an eye out for our NEW 4H chart idea with updated levels and route map.
BULLISH TARGET
3424 - DONE
EMA5 CROSS AND LOCK ABOVE 3424 WILL OPEN THE FOLLOWING BULLISH TARGETS
3499 - DONE
EMA5 CROSS AND LOCK ABOVE 3499 WILL OPEN THE FOLLOWING BULLISH TARGET
3561 - DONE
EMA5 CROSS AND LOCK ABOVE 3561 WILL OPEN THE FOLLOWING BULLISH TARGET
3615 - DONE
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
Battle Lines Drawn — Which Comes First, 3700 or 3600?Gold started to fall from around 3675, but failed to effectively fall below 3620 many times during the retracement, so the current retracement cannot be regarded as a market reversal. If the gold market has really peaked, I think the minimum requirement is to effectively fall below 3620, but it is obvious that this condition has not been met yet. Under the current conditions, it can only be regarded as a pullback correction. So at this stage of trading, we cannot be overly bearish on gold.
Currently, gold bulls and bears are competing with each other for control, and the price will remain in a wide range of fluctuations in the short term. However, since gold rebounded from 3620, the bullish structure has not been destroyed. The short-term support below is in the 3635-3625 area, and further strong support is in the 3615-3605 area. If gold fails to break below the 3635-3625 area, it will favor bulls and could serve as a springboard for further gains. Once gold continues its upward trend and breaks through the 3665 area, it could potentially reach the 3680-3690 area.
Therefore, in short-term trading, since gold remains bullish, we can continue to buy gold within the 3635-3625 support area, with the primary target being the 3660-3670 area.
Pullback for accumulation; bullish momentum remains promising.Gold broke upward against the resistance of the trendline, rising to a high of around 3,658. As indicated in the morning analysis, we have advised everyone to take partial profits first on positions entered below the 3,600 level to lock in gains. From the 1-hour candlestick chart, gold has consistently maintained a "gradual upward movement amid consolidation" rhythm, with lower lows continuing to move higher, and the stability of the trend structure is remarkable.
During a one-sided upward trend, the market's response to data is biased: bullish news will be amplified, while bearish news will be overlooked. One should not rely excessively on data for trading; more seasoned traders understand the logic behind the data and the current market environment.
For subsequent moves, when the price retraces to the hourly support level, those who have already taken profits can continue to follow up with long positions. We will closely track and analyze the market daily. If you lose your direction in such a market, you are welcome to follow us and leave a message for communication to obtain more targeted analysis and trading advice.
XAU/USD) Bullish trend analysis Read The captionSMC Trading point update
Technical analysis of Gold (XAU/USD) 1H analysis:
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Technical Breakdown
1. Ascending Channel
Price is trending higher within a clear ascending channel, respecting both support and resistance trendlines.
The bullish structure remains intact as long as price holds above channel support.
2. Demand Zones (Yellow Boxes)
Price respected a Fair Value Gap (FVG) demand zone around $3,600 – $3,620, leading to bullish continuation.
Another demand area around $3,640 acted as a recent support after a market structure shift (MSS).
3. Market Structure
A bullish MSS confirms upside momentum.
Higher highs and higher lows support the ongoing bullish trend.
4. RSI (14)
RSI at 59.46, leaning bullish but not yet overbought — leaving room for continuation to the upside.
5. Target Point
Projection points towards $3,689 as the next target, aligning with channel resistance and Fibonacci extensions.
Mr SMC Trading point
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Summary Idea
Gold is trading strongly within an ascending bullish channel, bouncing off demand zones and maintaining upward structure. As long as price holds above $3,640, the bias remains bullish with a target at $3,689.
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please support boost 🚀 this analysis
Gold 1H – Buy the Dip, Watch 3,687 Premium SupplyGold on the 1H timeframe is trading above 3,650 after a clean break of structure. Price has left demand footprints around 3,636 and deeper at 3,594, while resistance stands near 3,670 and premium supply sits at 3,687–3,689. This suggests a possible engineered retracement into discount zones before a push toward liquidity at 3,688+.
________________________________________
📌 Key Structure & Liquidity Zones (1H):
• 🔼 Buy Zone 3,636 – 3,634 (SL 3,630): Fresh demand block, aligned with bullish order flow.
• 🔼 Buy Zone 3,594 – 3,592 (SL 3,587): Deeper discount demand, strong structural base.
• 🔽 Sell Zone 3,687 – 3,689 (SL 3,694): Premium supply zone, potential liquidity sweep.
________________________________________
📊 Trading Ideas (Scenario-Based):
🔺 Buy Setup – Demand Block Reaction
• Entry: 3,636 – 3,634
• Stop Loss: 3,630
• Take Profits:
• TP1: 3,650
• TP2: 3,665
• TP3: 3,680+
👉 Expect retracement into discount demand before resuming bullish move.
🔺 Buy Setup – Deeper Demand Test
• Entry: 3,594 – 3,592
• Stop Loss: 3,587
• Take Profits:
• TP1: 3,610
• TP2: 3,625
• TP3: 3,640+
👉 Ideal for swing buyers looking for higher R:R at deeper liquidity sweep.
🔻 Sell Setup – Premium Rejection
• Entry: 3,687 – 3,689
• Stop Loss: 3,694
• Take Profits:
• TP1: 3,670
• TP2: 3,655
• TP3: 3,640
👉 Short-term liquidity grab at premium levels before rotating lower.
________________________________________
🔑 Strategy Note
Bias remains bullish, but smart money may engineer a sweep into 3,636 or even 3,594 demand before expansion. Cleaner setups are buying dips; sells at 3,687 are only scalp plays with tight risk.
XAUUSD Delivered Excellent profits yesterday Thanks to those who followed, trusted me, and made profits.
As I mentioned in today’s commentary session:
• I took buy trades around 3640–3644, and I’m expecting the market to test the 3565 benchmark, with an extension towards 3575.
My strategy was to buy the dips, and I’m very happy with the profits so far – .
My first target was (3565) ultimate was (3675) is achieved, Alhamdulillah.
Additional Tip:
Selling against the current bullish bias isn’t advisable,confirming this as a consolidation phase of the bull market.
Pay attention to 3655,there will be callback if it doesn't break#XAUUSD OANDA:XAUUSD
Gold tested the support level of 3630-3620 and stabilized before rebounding again, which is consistent with my previous judgment that gold must experience a correction if it wants to rise again.📉
In the short term, the market focus is still on the basis points of the Federal Reserve's interest rate cut to be announced next week. 💻Therefore, before clear data is released, the market is unlikely to experience significant fluctuations.📊
Although gold is currently fluctuating sideways around 3645,⚖️ in the short term, we should pay attention to the hourly moving average, which tends to stick together and move upward. 🌈Therefore, if gold falls back again in the short term to test the support level of 3630-3620 below, we can still consider going long. 🚀
On the upside, the first thing to watch is whether gold can effectively break through 3655. If it can effectively break through, it is expected to continue to test the short-term resistance range of 3665-3680. 📈Conversely, a failure to break above 3655 could lead to consolidation within a range.🐻
A pullback with a pause, yet the uptrend remains unchanged.The higher the gold price climbs, the more hesitant people become to take action. Those who sold gold early or waited for a lower entry point have completely missed out on this rally—some regret buying too little, some regret not buying at all, and even more regret exiting at a loss.
The market works this way: it can never satisfy everyone. When it’s in consolidation, people long for a one-sided trend; when a one-sided trend arrives, they want to wait for a correction. Life is much the same—things rarely go smoothly at every turn.
In an uptrend, a sharp drop is hard to sustain. Only when the secondary rebound fails to hit a new high and the subsequent pullback breaks below the previous low can the market shift into consolidation. Right now, $3,618 has become the key long-short dividing line.
Currently, the market is edging higher along the hourly support level. Personally, I still hold a bullish view overall, but today’s momentum is noticeably weaker than before. Therefore, I will consider taking partial profits around the $3,658 level.
I will closely track and analyze the market every day. If you lose your direction amid such market moves, you can follow me or leave me a message.
XAU/USD Intraday Plan | Support & Resistance to WatchGold tested the $3,674 resistance yesterday before pulling back to the $3,620 area, where the 50MA provided dynamic support. Price is now trending around $3,646, attempting to recover from the pullback.
For bulls to regain control, we need a clean break above $3,658, which would open the path toward $3,674, followed by $3,690, and an extension to $3,706.
However, a rejection at $3,658 resistance could trigger a deeper pullback into lower support levels.
📌Key Levels to Watch:
Resistance:
$3,658
$3,674
$3,690
$3,706
Support:
$3,644
$3,630
$3,617
$3,594
$3,564
📌 Fundamental Focus – Sept 10
The fireworks start today with U.S. inflation data. Core PPI and PPI figures will be released this afternoon, kicking off a packed midweek that continues with CPI tomorrow and ends with Consumer Sentiment & Inflation Expectations on Friday.
⚠️ Expect volatility to pick up from today onward, with sharp moves likely around each release.
Detailed Analysis of Gold (XAU/USD)Gold recently tested record highs around $3675, but prices are showing corrections as traders must have started booking profits from the extreme high level.
On the 4H chart, the price action remains within an ascending channel, suggesting that the broader trend still carries mild bullish momentum.
After touching the lower trendline of the channel, gold is showing signs of stabilization, but upside momentum is weakening.
The immediate support lies between $3636 (Fib 0.236 level) and $3620 (middle Bollinger Band) — a breakdown below this zone could trigger further correction toward $3612–$3593 (Fib 0.382–0.5 levels).
On the upside, if gold holds above the channel support, recovery toward $3675 highs cannot be ruled out, though momentum indicators suggest caution.
Overall: Gold is still in a short-term bullish structure but vulnerable to deeper pullbacks if the key $3636–3620 zone breaks.
Intensifying Bear Grip: Can 3610–3600 Save the Bulls?Gold started to retreat from around 3675, and has now retreated to the lowest point of 3620-3610. According to the current market performance, we can clearly see that the rebound high point of gold after the retreat is gradually decreasing, and the control of the short position is further increasing. Yesterday, according to my trading model, my prediction that gold may usher in another 600pips retreat has been realized, and we have also won a big victory in the short transaction. It can be said that we have become the first echelon to reap the dividends from the short transaction. Then, will the high-rise building that the gold market has worked so hard to build collapse?
In fact, from a macroeconomic and technical perspective, gold's bullish trend remains intact, supported by expectations of rate cuts and safe-haven demand, which will, to a certain extent, limit any potential pullback.
From a capital perspective, some funds may be taking profits, but the current retracement is far from panic selling. Furthermore, as gold gradually retreats, a large amount of funds that have not yet entered the market in a timely manner may flow into the market, further pushing up gold prices.
From a technical perspective, after the pullback, the rebound high of gold has gradually moved down from 3655 to 3650 and 3640, while the retracement low has also moved down simultaneously. The current lowest has reached around 3620, and there are signs of further pullback. However, we need to note that in the short term, gold is still technically supported in the 3610-3600 area, while strong support is in the 3590-3580 area. Therefore, from a short-term perspective, the retracement space may not be sufficient, so I do not advocate shorting gold directly. On the contrary, we can wait for gold to rebound to the 3640-3650 area and then moderately consider shorting gold, because as gold gradually retreats, the 3635-3645 area has become the current short-term resistance area.
Therefore, for short-term trading, since gold has rebounded after touching 3620 many times, and is technically supported by the 3610-3600 area in the short term, we can consider starting to try to go long on gold in the 3620-3610 area; after gold rebounds to the 3635-3645 area, we can moderately consider shorting gold.
High-Level Consolidation: A Playground for Both Bulls and BearsToday, I clearly predicted that "cyclical patterns suggest a 600-pips drop in gold." Gold surged to around 3675 before retreating, reaching a low of around 3626, a fluctuation of 490 pips. It was very close to my expectation, so according to my trading model, I won a big victory in long and short trading today!
Day Trading Results:
1. First, we shorted gold near 3658 and closed the trade at TP: 3638, for a profit of 200 pips.
2. We shorted gold twice at 3655-3656, closing the positions manually at 3647 and 3645, respectively, for a total profit of 190 pips.
3. We shorted gold in batches near 3667 and 3673, closing the trade at TP: 3650, for a total profit of 400 pips.
4. We longed gold in batches near 3632 and 3628, closing the trade at TP: 3642, for a total profit of 240 pips.
Thus, today's total profit on both long and short trades was 1030 pips. I am very satisfied with today's trading model and results.
As for my view on the gold market in the future, I believe that the current gold market is still in an environment of interest rate cut expectations, and the macroeconomic background still has a significant supporting effect on gold. The current bullish trend of gold has not changed, and short-term fluctuations will not affect the overall direction. Therefore, before the interest rate cut is implemented (the Federal Reserve announces its interest rate decision on September 17), gold will still maintain an upward structure.
Judging from the candlestick chart, as long as gold remains above 3600, gold will remain in a bullish structure and maintain an overall upward trend. Although gold began to retreat after touching around 3675, and the bullish momentum no longer seems strong, I believe that gold has limited room for retreat in the short term. Even if the bulls no longer recover their previous strong momentum, gold is expected to maintain a high-level volatile trend, with the short-term support below at 3630-3620. If it is difficult for gold to fall below this area in the short term, gold may still hit the 3670-3680 area during the rebound.
Therefore, in the next short-term trading, if gold first retreats to the 3630-3620 area, we can consider trying to go long on gold, first looking at the 3650-3660 target area;If gold touches the 3670-3680 area again during the rebound, we can still try to short gold again, and the retracement target will first look at the 3655-3645 area.
Is gold at its peak?Gold has staged a "buy the rumor, sell the fact" move. The U.S. nonfarm payrolls data was bullish for gold, yet gold plummeted after the data release. There’s no need for confusion—it’s not as you might think, that bullish data means the price rises and bearish data means it falls. If it were that simple, everyone would be making money.
Data and fundamentals are reflected in prices, but such reflections can be ahead of time, lagging, exceeding expectations, or falling short of expectations. Judging which scenario it is depends solely on the historical database one has accumulated and long-term real-trading experience.
Today, I added to my gold positions twice and am still holding them. Even if the price falls further, my profits won’t decrease. This is because I believe today’s decline is most likely a result of some profit-taking traders closing their positions on the opportunity—after all, there have been no major bearish factors in the fundamentals yet. Whether a daily-level correction will occur still requires further observation. After all, since the rally started on August 20, there has been no real daily-level correction except for the sharp intraday pullback on September 4, and a correction would actually make the trend healthier.
The period from now to next week is a critical short-term window for gold. I will closely track and analyze the market every day. If you lose your direction in such a market, you can follow me or leave me a message.
GOLD Every Rise Has Its Sunset- From 2000 to today, gold has surged by an impressive 1000%, a remarkable performance for the world's leading asset.
- Keep in mind, every ascent is bound to face a descent someday.
- I’ll skip the deep dive into politics and fundamentals, but the picture is clear: with Trump winning the election, peace could make a comeback. Gold typically rises when fears of war spike, but as those fears ease, its value tends to drop.
- As always, the chart tells the story. Take a look at the Fibonacci levels— a prime buying opportunity is likely to emerge in the $1200 to $800 range.
- i will post in comments my older Gold Analysis.
Happy Tr4Ding !