Gold prices plummet! Analysis of the intraday gold price trend!Market News:
In early Asian trading on Thursday (September 25), spot gold prices fluctuated narrowly, currently trading around $3,750 per ounce. As investors digested comments from Federal Reserve Chairman Powell, the US dollar and US Treasury yields strengthened, sending international gold prices sharply lower. Powell signaled a cautious outlook for rate cuts, noting that the Fed must continue to balance the risks of high inflation and a weak job market in future rate decisions. Furthermore, Trump presented a Gaza peace outline to Arab leaders, the Russian and US foreign ministers reiterated their commitment to a peaceful resolution to the Ukraine crisis at a meeting, and the EU and US reached a tariff agreement, significantly cooling market risk aversion. Looking ahead, the market's attention is focused on two key US economic data releases later this week, which will provide further clues to the Fed's policy path and directly influence London gold prices. Thursday will see the release of weekly initial jobless claims data, while Friday's release of the US core personal consumption expenditures (PCE) price index, the Fed's preferred inflation indicator, will draw even greater attention.
Technical Analysis:
The US dollar index continued its upward trend during the day, briefly approaching the $98 mark. Gold prices adjusted under pressure, closing with a negative candlestick pattern on the daily chart. It retreated to the 5-day moving average at 3718, finding support at 3736. Since Tuesday's overbought top divergence from the RSI on the daily chart, gold has adjusted by over $70. Currently, the price of gold on the daily chart remains above the 10-day and 7-day moving averages, trading above 3700 and 3710, respectively. On the short-term four-hour chart, the price has retraced to the middle Bollinger Band, with the RSI indicator simultaneously adjusting to the 50 level to find support. The moving average formed a downward crossover at the high of 3767. Gold trading today is expected to continue with a wide range adjustment. Sell high and buy low, with the initial focus on the 3720/3760 range.
Trading strategy:
Short-term gold: Buy at 3717-3720, stop loss at 3708, target at 3750-3770;
Short-term gold: Sell at 3772-3775, stop loss at 3784, target at 3730-3710;
Key points:
First support level: 3732, second support level: 3720, third support level: 3713
First resistance level: 3763, second resistance level: 3780, third resistance level: 3800
Goldprediction
Gold prices are correcting and entering a period of volatility.Gold prices rebounded slightly after a sharp drop on Wednesday and are currently fluctuating slightly.
From a news perspective, speculation about the continued effectiveness of the Federal Reserve's rate cuts and the entry of global central banks into an era of monetary easing have led to a depreciation of the US dollar, while non-US currencies have temporarily appreciated due to the depreciation of the US dollar. Excessive money supply will also lead to global currency depreciation.
Gold prices have continued to fluctuate at high levels, testing support at 3750 and 3715. However, they are still some distance from a top-bottom reversal. However, the upward rebound in early Asian trading coincided with a new top-bottom reversal, with resistance concentrated around $3750.
There are currently two positions that need attention, the pressure position of 3750 and the support position of 3710. If either direction is broken within this range, the trend will continue. Short-term volatility is a normal trend, and we should accept this periodic correction.
On Thursday, Quaid recommends a light short position at 3750, with a move to long positions appropriate if the price touches 3710-3715. Focus on a breakout of the 3750-3710 range.
Gold price analysis September 25The corrective downtrend is heading towards the next important support zones 3701 and 3671. Today's strategy is still looking for better SELL points. Pay attention to price reactions at important support zones. If it is confirmed that buyers want to jump into the market, we can follow that buying force to execute BUY strategies. 3750 plays an important role today and the SELL strategy will no longer be effective when this zone is broken.
Gold is under pressure. Is a correction underway?Gold is fluctuating at a high level on the daily chart, but short-term weakness is evident.
On the 4-hour chart, prices have fallen below the range and are currently under pressure near 3750. The candlestick chart continues to trade below the short-term moving average, indicating a generally volatile and weak pattern. The recent rebound has approached a key resistance zone, and a correction is likely after the rebound correction is complete.
Although a reversal has formed on the 1-hour chart, the price has stagnated near the pressure band, and the MACD technical indicator has shown a divergence signal. The price is gradually approaching the lower track of the Bollinger band, indicating that the short-term momentum is gradually weakening and there is a probability of turning to adjustment.
From a comprehensive technical perspective, gold faces downside risks in the short term. The strength of the correction and the performance of key support levels are key. Focus on the resistance level of 3750 on the upside and the support level of 3715 on the downside.
Trading Strategy:
Short around 3755, stop loss at 3765, profit at 3730-3720-3710.
Long around 3710, stop loss at 3700, profit at 3740 or above.
Gold’s Decade Shines Less Brightly for Stocks: The New Rational
Gold’s Decade Shines Less Brightly for Stocks: The New Rationale for the King Metal
For over a decade, the narrative surrounding gold was one of stark contrast to the equity markets. As stock indices, powered by tech innovation and ultra-low interest rates, embarked on a historic bull run, gold was often relegated to the sidelines—a relic for the fearful, an underperforming asset in a world chasing yield. The 2010s were, without question, the decade of the stock market. Gold’s shine, by comparison, seemed dull.
But a perceptible shift is underway. The latest rally in gold, which has seen it scale unprecedented nominal heights, is not the frantic, fear-driven surge of past crises. Instead, it appears to be driven by a more sober, strategic, and perhaps more durable force: the rational calculations of central banks and a fundamental rewiring of the global financial architecture. This new rationale suggests that gold’s resurgence may not spell immediate doom for stocks, as traditional wisdom would hold, but rather reflects a new, more complex macroeconomic reality where the two can coexist, albeit with gold casting a long, less brilliant shadow over the equity landscape.
The Ghost of Gold Rallies Past: A Tale of Fear and Froth
To understand the significance of the current rally, one must first revisit the drivers of previous gold booms. Historically, gold’s major upward moves were tightly correlated with periods of acute stress and negative real interest rates.
The post-2008 financial crisis surge, which took gold from around $800 an ounce in 2008 to over $1,900 in 2011, was a classic "fear trade." The world was confronting a systemic banking collapse, unprecedented monetary experimentation in the form of Quantitative Easing (QE), and rampant fears of runaway inflation and currency debasement. Gold was the safe haven, the hedge against a collapsing system. Similarly, the spike in mid-2020, at the onset of the COVID-19 pandemic, was a panic-driven flight to safety as global economies screeched to a halt.
These rallies shared common characteristics: they were often sharp, volatile, and ultimately prone to significant retracements. When the immediate crisis abated—when inflation failed to materialize post-2008, or when fiscal and monetary stimulus ignited a V-shaped stock market recovery in 2020—the rationale for holding a non-yielding asset weakened. Money flowed back into risk assets like stocks. Gold’s role was binary: it was the asset for when things were falling apart. In a functioning, risk-on market, it had little place.
This created the perception of an inverse relationship. A strong gold price was a signal of market distress, and thus, bad for stocks. But this decade is different.
The New Architects: Central Banks and Strategic Repatriation
The most profound change in the gold market has been the transformation of its largest and most influential buyers: central banks. For years, the narrative was that developed Western central banks, holders of the world’s primary reserve currencies, were gradually diversifying away from gold. The modern financial system, built on the U.S. dollar, Treasury bonds, and other interest-bearing instruments, was deemed superior.
That assumption has been decisively overturned. Since around 2010, but accelerating dramatically in recent years, central banks—particularly those in emerging economies—have become net purchasers of gold on a massive and sustained scale. The World Gold Council reports that central banks have been adding to their reserves for over a decade, with annual purchases hitting multi-decade records.
This buying is not driven by panic. It is a calculated, long-term strategic move rooted in three key rationales:
1. De-dollarization and Geopolitical Hedging: The weaponization of the U.S. dollar through sanctions, particularly against Russia following its invasion of Ukraine, served as a wake-up call for nations not squarely in the U.S. geopolitical orbit. Holding vast reserves in U.S. Treasury bonds suddenly carried a new risk: they could be frozen or seized. Gold, by contrast, is a sovereign asset. It can be held within a nation’s own vaults, is nobody’s liability, and is beyond the reach of any other country’s financial system. For China, Russia, India, Turkey, and many nations in the Global South, accumulating gold is a strategic imperative to reduce dependency on the dollar and insulate their economies from geopolitical friction.
2. Diversification Against Fiscal Profligacy: Even for allies of the U.S., the sheer scale of U.S. government debt is a growing concern. With debt-to-GDP ratios at record levels in many developed nations and little political will to address them, the long-term value of fiat currencies is being questioned. Central banks are increasingly viewing gold as a perennial hedge against the fiscal and monetary policies of their allies—a form of insurance against the potential devaluation of the very government bonds that form the backbone of their reserves.
3. A Return to a Multi-Polar Financial World: The post-Bretton Woods era has been dominated by the U.S. dollar. There are increasing signs that the world is shifting towards a multi-polar system, with the euro, Chinese yuan, and possibly other currencies playing larger roles. In such a transitional period, gold’s historical role as a neutral, trusted store of value becomes immensely attractive. It is the one asset that is not tied to the economic fortunes or policies of a single nation.
This central bank demand provides a powerful, structural floor under the gold price. It is consistent, price-insensitive buying (they are not chasing momentum but executing a strategy) that is largely divorced from the short-term sentiment swings of the stock market. This is the "more rational calculation" that makes the current rally fundamentally different and potentially longer-lasting.
The Interest Rate Conundrum: Gold’s Old Nemesis Loses Its Bite
For years, the primary argument against gold was simple: it offers no yield. In a world of rising interest rates, where investors can earn a attractive, risk-free return on cash or government bonds, the opportunity cost of holding gold becomes prohibitive. The theory held that the Federal Reserve’s aggressive hiking cycle from 2022 onward would crush the gold price.
It didn’t. Gold not only weathered the storm but continued its ascent. This paradox reveals another layer of the new rationale.
While nominal rates rose, real interest rates (nominal rates minus inflation) have been more ambiguous. Periods of high inflation meant that even with higher rates, the real return on cash and bonds was often negative or minimal. In such an environment, gold, as a traditional inflation hedge, retains its appeal.
More importantly, the market’s focus has shifted from the level of rates to their trajectory. There is a growing belief that the era of structurally higher interest rates is unsustainable, given the colossal levels of global debt. Servicing this debt becomes exponentially more difficult as rates rise. Therefore, many market participants are betting that the current rate cycle represents a peak, and that central banks will be forced to cut rates sooner rather than later, regardless of the inflation fight. Gold performs well in a environment of falling rates, and this anticipation is being priced in now.
Furthermore, high rates have begun to expose fragilities in the system, from regional banking crises in the U.S. to debt distress in emerging markets. In this sense, high rates haven't killed gold’s appeal; they have reinforced its role as a hedge against the consequences of high rates—namely, financial instability.
A Less Bright Shine for Stocks: Coexistence in a New Reality
So, what does this new, rationally-driven gold bull market mean for stocks? The relationship is no longer a simple inverse correlation. It is more nuanced, suggesting a future of coexistence rather than direct competition, but one where gold’s strength signals underlying headwinds that will dim the stellar returns equities enjoyed in the previous decade.
1. The End of the "Free Money" Era: The 2010s were built on a foundation of zero interest rates and quantitative easing. This environment was nirvana for growth stocks, particularly in the tech sector, as future earnings were discounted at very low rates, justifying sky-high valuations. The new macroeconomic order—one of higher structural inflation, larger government debt, and geopolitical fragmentation—is inherently less favorable to such valuation models. Gold’s strength is a symptom of this new order. It doesn’t mean stocks will collapse, but it does suggest that the era of effortless, broad-based double-digit annual returns is likely over. Returns will be harder won, more selective, and more volatile.
2. A Hedge Within a Portfolio, Not a Replacement: Investors are now likely to view gold not as a binary alternative to stocks, but as a critical component of a diversified portfolio. In a world of heightened geopolitical risk and uncertain monetary policy, holding a portion in gold provides stability. This means fund flows are not a simple zero-sum game between the SPDR Gold Trust (GLD) and the SPDR S&P 500 ETF (SPY). Institutions and individuals may increase allocations to both, using gold to mitigate the specific risks that now loom over the equity landscape.
3. Sectoral Winners and Losers: A strong gold price is a direct positive for gold mining stocks, a sector that has been largely neglected for years. This could lead to a resurgence in this niche part of the market. Conversely, the factors driving gold—higher inflation and rates—are headwinds for long-duration assets like high-flying tech stocks. The outperformance may shift towards value-oriented sectors, commodities, and industries with strong pricing power and tangible assets. The stock market’s shine may dim overall, but it will create bright spots in new areas.
4. The Signal of Sustained Uncertainty: Ultimately, a gold market driven by central bank de-dollarization and fiscal concerns is a barometer of persistent, low-grade global uncertainty. This is not the acute panic of 2008, but a chronic condition of fragmentation and distrust. Such an environment is not conducive to the explosive, confidence-driven growth that stock markets thrive on. It favors caution, resilience, and tangible value over speculative growth. Gold’s steady ascent is the clearest signal of this psychological shift.
Conclusion: A Duller but More Enduring Glow
The gold rally of the 2020s is not a siren call of an imminent market crash. It is the quiet, determined accumulation of a strategic asset by the world’s most powerful financial institutions. It is a vote of no confidence in the unfettered dominance of the current financial order and a bet on a more fragmented, uncertain future.
For stock market investors, this does not necessarily portend a bear market. Instead, it heralds a more challenging environment where the tailwinds of globalization and cheap money have reversed. The dazzling shine of the stock market’s previous decade is likely to be replaced by a duller, more realistic glow. Returns will be more modest, risks more pronounced, and the need for prudent diversification more critical than ever.
In this new era, gold and stocks will learn to coexist. The king of metals is no longer just a refuge for the fearful; it has become a strategic holding for the rational. Its decade may not shine with the same speculative brilliance as the stock market’s last bull run, but its light may well prove to be more enduring, illuminating a path through a landscape of greater complexity and risk. The lesson for investors is clear: the old rules are changing, and in this new game, gold holds a very strong hand.
Gold Futures (GC) – “Top Is In” Schematic ReviewExecutive Snapshot 🧭
Primary stance: Bearish swing/top-in thesis (Wyckoff Distribution complete via UTAD).
Bias strength: High, while price remains below 3,825–3,860 and fails to accept above.
Game plan: Fade strength into supply; look for Phase D → E breakdown confirmation → target 3,534/3,509 → 3,209 → 3,123 then extended 2,970–2,795 if momentum accelerates.
Multi-Framework Confluence:
A) Wyckoff (your schematic) ♟️
Phases:
A/B: BC/ST established range highs; AR/SOW tagged mid/low of range.
C: UT → UTAD (new high on diminishing relative spread & mixed volume).
D (now): Throwback rallies holding beneath UTAD; look for LPSY near 3,760–3,825; failure → Phase E markdown.
Validation: Lower highs after the UTAD and repeated rejections of the supply shelf 3,760–3,825.
Confirmation trigger: Break and accept below ICE/Creek = 3,534–3,509 (your pink band) → distribution confirmed.
Macro Frame 🌐
Gold’s cyclical up-leg is extended; near-term macro supports a pause/reversion:
Real yields/beta & USD shocks can catalyze a value-seeking dip.
COMEX time-and-price run suggests heat above without equivalent build in value → mean-revert first, trend later.
Invalidation & Risk:
Hard invalidation (swing): Weekly close > 3,860 and acceptance above for 2–3 sessions (no swift rejection).
Soft invalidation (tactical): Daily close back inside 3,760–3,825 after a breakdown → step aside, wait for next LPSY.
Position/Risk Template:
Initial risk: above 3,825 (or 3,860 for wider swing).
Size: start ½–⅔ unit at first tag/reject; complete size on breakdown retest of 3,534–3,509.
Trailing: swing stop > last LPSY high once 3,534 is lost.
Momentum & Internals (Quick Read) ⚙️
RSI/ultimate RSI (your panels): persistent bearish divergence into UTAD zone.
MACD: high, curling; ripe for signal cross on daily if price slips under 3,600s → 3,534.
Squeeze/Momentum: elevated; release down would align with the distribution thesis.
Execution Checklist ✅
Pre-break:
Fade 3,760–3,825 on rejection candles/footprint absorption.
Track delta & volume—no expansion = stronger distribution read.
Break event:
Daily close < 3,534 → reduce discretion, execute plan; seek retest → LPSY to add.
Manage:
Cover +30–50 handles into 3,209–3,180; roll runner.
Data to watch: USD DXY spikes, GLD OI/put skew, dealer GEX flips around GLD 300.
One-Page Risk Map 🗺️
Bearish while: < 3,825–3,860.
Confirmation: < 3,534–3,509 (close/accept).
Targets: 3,209 → 3,123 → 2,970 → 2,795 → 2,541.
Stop/Invalid: > 3,860 w/ acceptance.
Marked UTAD and supply stack 3,760–3,825 present a clean risk-defined top. Until the market accepts above 3,860, the probabilistic path favors Phase E markdown back toward 3,2xx value and possibly the 2,9xx–2,795 extension if momentum breaks loose.
How to seize the certain opportunities in the gold market?Yesterday, gold continued its record-breaking rally, achieving its sixth consecutive week of gains and further entering an unknown price range. The core driving force behind this round of gains lies in the market's continued rise in dovish expectations for the Federal Reserve to further implement loose policies before the end of the year. Although the 25 basis point interest rate cut last week has been digested by the market, investors are increasingly expecting two more interest rate cuts in October and December, providing strong support for gold prices. In addition, ongoing geopolitical tensions, increased gold holdings by various countries and strong inflows of funds into gold ETFs have together constituted the multiple pillars of this bull market. Under the interweaving of risk aversion and loose expectations, gold has risen by more than 40% this year, highlighting its strong appeal.
From a technical perspective, the daily chart shows that gold prices closed with a large real body positive line, and the trend is extremely strong. The MACD indicator double lines sent a golden cross signal, confirming the short-term bullish trend. However, the indicator has deviated seriously into the overbought area, suggesting that there is a large risk of technical correction in the later period. Strategy analysis needs to focus on the support role of the MA5 moving average below. If it falls below, it may trigger a deeper adjustment. It is recommended to remain cautious in operation. You can consider light positions and try to arrange short orders on rallies. The upper resistance focuses on the 3780-3800 range, and the lower support is around 3745-3730. Although the current market trend is upward, we need to be vigilant against the risk of high-level corrections.
Prices fell. Has a low been reached?The daily gold chart suggests a continued bullish trend. Consecutive breakouts confirm continued upward movement. The MACD indicator remains within overbought territory, indicating a modest rise and not signaling a lack of upward momentum.
In the short term, the 4-hour chart also suggests an upward bias for gold. Technical indicators are extending gains within positive territory, with prices retreating to the middle Bollinger Band and now overlapping the 20-day moving average. The MACD indicator has formed a golden cross and is trending downward. Gold remains above the 20-day moving average. While the longer-term moving average maintains an upward trend, it remains well below the 20-day moving average. Most indicators suggest a easing of bullish momentum.
Prices are currently retreating. For stable trading, it is recommended to remain cautious and wait for a price low before entering a long position.
Of course, if aggressive trading is desired, long positions around 3725-3730 are still an option.
If the price remains below 3780, continue short selling.The daily chart closed with a long upper shadow, indicating a clear technical need for a correction. The Asian session fell as expected in the morning, repeatedly testing 3750. Those who followed the short selling could basically get nearly 150pips profit. Although a bullish structure appears in the hourly chart, the trend pressure above 3780 is still there in the short term. If gold fails to effectively break the trend pressure, it will fall back in the short term. The first support below can be seen at 3750. Once it falls below, gold will test the support of 3735. Currently, gold has rebounded again. As long as it fails to effectively break through and stabilize above 3780, we can still consider shorting gold.
Gold continues to fluctuate. Will it hit a new high?Information Summary:
Federal Reserve Chairman Powell delivered his first public speech since the September policy meeting. He stated that the Fed faces a challenging situation, with the risk of faster-than-expected inflation remaining. Job growth remains weak, raising questions about the health of the labor market.
Compared to the tone of the gold market last week, Powell's speech contained no significant content that could alter gold's upward trajectory. Geopolitical developments also provided support for gold prices. Expectations of rate cuts, concerns about the Fed's independence, and geopolitical developments all contributed to gold's strength.
Market Analysis:
Overall, gold's upward trend remains unchanged. After a slight pullback to 3750 on Wednesday, prices rebounded around 3780 before falling under pressure. In the short term, as long as gold does not fall below this week's 3735 starting point, the 3800 high remains a possibility. The upward trend remains intact, and long positions remain the main driver.
Looking at the 1-hour chart, the price retreated after encountering pressure at 3780, continuing to fluctuate slightly. Long positions are still possible around 3750 in the US market. If the US market continues to fluctuate, the 3800 mark may not be far behind.
Trading strategy:
Long positions at 3755-3750, stop loss at 3745, profit range 3780-3800.
Gold 1H – Inflation Fears & Risk Flows Drive MomentumGold on the 1H timeframe is trading around 3,753 after repeated BOS confirmations, showing strong bullish structure but facing premium resistance. Liquidity remains stacked above 3,787–3,785, while discount demand zones sit lower at 3,725–3,723 and deeper at 3,688–3,686.
Today’s headlines on sticky U.S. inflation expectations and renewed geopolitical tensions in Eastern Europe are fueling safe-haven demand, but intraday structure suggests engineered sweeps into resistance before retracement into demand zones.
________________________________________
📌 Key Structure & Liquidity Zones (1H):
• 🔴 SELL SCALP 3,787–3,785 (SL 3,794): Premium resistance where liquidity sweeps may trigger short-term rejections targeting 3,780 → 3,775 → 3,770.
• 🟢 BUY ZONE 3,725–3,723 (SL 3,718): Pullback entry aligned with BOS structure, offering upside targeting 3,740 → 3,755 → 3,770+.
• 🟢 BUY ZONE 3,688–3,686 (SL 3,680): Deeper discount demand, attractive for dip buys targeting 3,700 → 3,715 → 3,730+.
________________________________________
📊 Trading Ideas (Scenario-Based):
🔺 Buy Setup – Pullback Entry (3,725–3,723)
• Entry: 3,725–3,723
• Stop Loss: 3,718
• Take Profits:
TP1: 3,740
TP2: 3,755
TP3: 3,770+
🔺 Buy Setup – Discount Demand (3,688–3,686)
• Entry: 3,688–3,686
• Stop Loss: 3,680
• Take Profits:
TP1: 3,700
TP2: 3,715
TP3: 3,730+
🔻 Sell Setup – Liquidity Run (3,787–3,785)
• Entry: 3,787–3,785
• Stop Loss: 3,794
• Take Profits:
TP1: 3,780
TP2: 3,775
TP3: 3,770
________________________________________
🔑 Strategy Note
With inflation concerns heating up and geopolitical risks sustaining safe-haven flows, the broader trend remains bullish. Smart money may engineer stop-runs into premium resistance before retracements into discount zones. Focus on buy-the-dip opportunities at well-defined supports, while fading liquidity sweeps cautiously near 3,787–3,785. Expect intraday volatility as markets react to U.S. inflation chatter and risk-off headlines.
Key Battlefield: Bulls vs Bears at 3700–3800Gold fluctuated in the 3780-3750 range during the day. Although gold is still in a bullish structure overall, the short-term direction is actually not very clear due to signs of gradually weakening bullish momentum.
However, from the perspective of morphological structure, gold shows signs of forming an ascending triangle in the short term. Once the ascending triangle is successfully formed, gold will still have the potential to rise and touch 3800, or even continue to rise to the 3820-3830 area with the support of this structure. After all, gold is only slightly weak, but there is no clear signal of reaching the top at present. The premise for maintaining the ascending triangle structure is that gold cannot fall below the 3755 area; so if gold cannot effectively fall below the 3755 area next, it is expected that gold will rebound again.
However, it should be noted that once gold falls below the area near 3755, the ascending triangle structure will not hold; it also proves that the current retracement space is insufficient and gold still needs to continue to retrace, then gold may continue the retracement trend to the 3740-3730 area.
Therefore, in the current short-term trading, before gold falls below the 3755 area, we can still try to go long on gold in the 3765-3755 area; once gold falls below the area near 3755, we need to consider changing direction from long to short!
Ascending Triangle Hints at One More Push to 3800?Currently, gold is encountering resistance around 3790-3800, and the bullish momentum has slightly weakened, but the overall pattern is still bullish. Moreover, judging from the two recent pullbacks, although the bears were given the opportunity to escape from the predicament, they were supported near 3750 and rebounded many times. The strong buying support below greatly limited the retracement space.
Gold has formed an ascending triangle structure in the short term. If this structure is valid, then gold as a whole may still hit 3800, or even continue the upward trend to the 3820-3830 area, which is also the upward limit area I mentioned earlier; but this condition must be established under the premise that gold cannot fall below the 3760-3750 area during the short-term retracement.
Therefore, it is clear that the short-term structural support of gold is located in the 3760-3750 area, and the further strong support below is located in the area around 3730. At present, gold is in the ascending triangle structural resistance area of 3775-3785, so there is still a chance of a pullback in the short term.
Therefore, for short-term trading:
1. For the time being, consider shorting gold in the 3775-3785 area, with a retracement target of 3765-3755.
2. Once gold retraces to the 3765-3755 area, consider going long on gold based on market fluctuations and structural support.
ElDoradoFx PREMIUM 2.0 – GOLD FORECAST (24/09/2025, London SessiGold is trading around 3,764–3,766, pulling back from yesterday’s high at 3,791. Momentum has slowed, with intraday charts showing corrective pressure, but the higher timeframe trend remains bullish.
⸻
🔍 Technical Outlook
Daily (D1):
• Still bullish, holding above 21 EMA (3,731) and 50 EMA (3,665).
• Price rejected at 3,791 resistance, forming a short-term top.
• As long as 3,731 holds, structure favors higher continuation.
1H Chart:
• Range developing between 3,791 high resistance and 3,750 intraday support.
• Price retesting dynamic trendline support near 3,760–3,756.
• MACD still negative, histogram showing bearish momentum building.
• RSI ~40, confirming corrective bias.
15M Chart:
• Clear rejection at 3,779–3,782 zone, now acting as intraday resistance.
• Support forming around 3,756–3,750.
• Structure lower highs / lower lows → short-term bearish pressure.
• MACD bearish crossover aligned with momentum.
5M Chart:
• Price broke minor support at 3,766–3,763, now testing lower zone 3,759–3,756.
• MACD histogram negative, RSI oversold → possible bounce setup.
• Price approaching strong demand cluster at 3,752–3,750.
⸻
🟡 Fibonacci Golden Zone
Using swing low 3,741 to swing high 3,791:
• 38.2% Fib = 3,772
• 50% Fib = 3,766
• 61.8% Fib = 3,760
➡️ Golden zone = 3,772–3,760 → price is currently inside this zone, a potential high-probability area for reversal/buy scalps.
⸻
⚖ High-Probability Entries
Buy Setup (preferred if Fib zone holds):
• Entry: 3,766–3,760 (Fib support)
• SL: 3,754 (≈60 pips)
• TP: 3,775 → 3,782 → 3,791
Sell Setup (only on rejection at resistance):
• Entry: 3,779–3,782 rejection
• SL: 3,788 (≈60 pips)
• TP: 3,770 → 3,766 → 3,760
⸻
⚡ Scalping Signals (5M & 15M, ≤60 pips SL)
• Buy scalp: 3,763–3,760 → TP 3,770–3,775 (SL 3,754)
• Sell scalp: 3,779–3,782 → TP 3,770–3,766 (SL 3,788)
⸻
📅 Key Breakout Levels
• Bullish continuation: Break & hold above 3,791 → targets 3,800–3,808.
• Bearish retracement: Break & hold below 3,750 → exposes 3,741–3,731.
⸻
✅ Summary
Gold is currently consolidating inside the Fibonacci golden zone (3,772–3,760). This area is crucial for bulls to defend and attempt another push toward 3,782–3,791. If 3,760–3,754 breaks, expect deeper pullback toward 3,741–3,731. Scalpers can trade both sides of the range with tight stops, but the Fib zone remains the high-probability demand for buys.
— ElDoradoFx PREMIUM 2.0 Team
Gold price analysis September 24Gold is showing signs of weakness after a series of consecutive increases, the market may witness a correction to the 3705 area today if the selling pressure is strong enough to break through the important support at 3750. This is the time when the sellers are waiting to take profits after many days of price pressure.
📌 Trading plan
SELL now
SELL when the price breaks and closes the candle below the 3750 area
Immediate target: 3705
Warning: Risk of a Price Pullback?Gold continued its upward trend on Tuesday, achieving its sixth consecutive weekly gain and breaking through new highs. The core driver of this significant rally is growing dovish market expectations for further Federal Reserve easing before the end of the year. Although the September rate cut has been priced in by the market, most investors predict two more rate cuts in October and December, providing strong support for gold prices.
From a technical perspective, the daily chart shows that gold is extremely strong, and the MACD indicator confirms the short-term bullish trend, but the indicator has deviated seriously and entered the overbought area, suggesting that there is a greater risk of technical correction in the later period. Focus on the support provided by the MA5 moving average below; a break below could trigger a deeper correction.
Traditionally, caution is advised. Short positions can be taken at highs with a small position. Upper resistance is expected to be in the 3790-3800 range, while lower support lies in the 3750-3735 range.
Trading Strategy:
Short at 3775, add to positions upon a rebound to 3785-3790. Stop loss at 3800. Profit targets 3750-3740-3730.
Gold 1H – Should We Hold or Fade Liquidity at 3800?Gold on the 1H timeframe is trading near 3,776 within a corrective channel, with premium liquidity stacked above 3,800–3,798 and discount demand waiting at 3,725–3,727. Recent BOS structures confirm bullish intent, but engineered sweeps into premium zones remain likely before retracements to discount levels.
Today’s headlines on the Federal Reserve’s cautious tone and Middle East geopolitical tensions are reinforcing safe-haven demand, though intraday moves may produce liquidity grabs before directional clarity emerges.
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📌 Key Structure & Liquidity Zones (1H):
• 🔴 SELL GOLD LIQUIDITY 3,800–3,798 (SL 3,807): Premium resistance where sweeps may trigger rejection toward 3,770 → 3,760 → 3,755.
• 🟢 BUY ZONE 3,725–3,727 (SL 3,720): Discount demand aligned with BOS, offering upside targets at 3,740 → 3,760 → 3,775.
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📊 Trading Ideas (Scenario-Based):
🔻 Sell Setup – Liquidity Run (3,800–3,798)
• Entry: 3,800–3,798
• Stop Loss: 3,807
• Take Profits:
TP1: 3,770
TP2: 3,760
TP3: 3,755
🔺 Buy Setup – Discount Demand (3,725–3,727)
• Entry: 3,725–3,727
• Stop Loss: 3,720
• Take Profits:
TP1: 3,740
TP2: 3,760
TP3: 3,775+
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🔑 Strategy Note
With Fed caution and geopolitical risks keeping gold supported, the broader structure favors buy-the-dip setups while fading engineered sweeps into premium liquidity. Expect volatility around 3,800 liquidity runs before retracements to well-defined discount zones.
Buy gold near 3750, target 3768-3788Gold Market Analysis:
Yesterday's daily gold chart reached 3791. Our buy orders at 3643 and 3788 yielded huge profits. Gold's strength is so strong that it's making us question our own future. We currently don't see a peak. Yesterday's tail-end saw a pullback. The upper shadow on the daily chart is quite long, making it difficult to reach a new high today. The pullback in the Asian session also confirms that a correction will occur today. Yesterday's surge was excessive, requiring a technical correction. The indicators and chart patterns haven't kept pace, leading many investors to speculate on whether a peak has been reached. I believe it hasn't, and there's no definitive signal. A peak requires time and space to fully develop. Today's strategy is to buy and sell, as there's significant room for recovery. Consider buying low in the Asian session. Selling after the pullback is already underway is no longer feasible. We're unsure of the support level it will reach. Chart-wise, 3712 is the limit of this dive. If it unexpectedly breaks, we need to consider whether we've truly sold. Buy gold at 3750 in the Asian session. A break of this level would be unsatisfactory. It's a support level, a candlestick pattern, a point of yesterday's trading, or an indicator. Currently, it appears to be stabilizing. If it approaches the level again during the European and American sessions, buy more. The gold market will likely experience a period of volatility. Don't hold positions for too long. The likelihood of continued unilateral movement is low today. Resistance levels are 3781 and 3791, which are also selling areas.
Support levels are 3750, 3728, and 3712. Resistance levels are 3781 and 3791. The dividing line between strength and weakness is 3750.
Fundamental Analysis:
There are no major fundamentals or data this week, just standard data. Focus on the impact of the Fed's rate cut.
Trading Recommendations:
Buy gold near 3750, target 3768-3788
Continued volatility? What to do?Gold surged and then retreated on Tuesday, reaching a high near 3790 before retracing during the US trading session. While the gains were significant, even with the pullback, they haven't wiped out yesterday's gains. Therefore, the current trend isn't weakening, but rather remains strong. The slight pullback is merely accumulating upward momentum, not a top signal.
Gold rebounded after testing 3750 in early Asian trading. Short-term strength remains strong, and the pullback hasn't continued, leaving the overall trend strong. If prices stabilize above 3750 in the short term, there's a high probability of another surge. As long as they don't fall below 3730, long positions are still viable. Currently, there are no valid topping or bearish signals, nor are there any negative news.
Trading strategy:
Go long near 3750, add to your position at 3730, set a stop-loss at 3725, and target profit ranges between 3780-3790-3800.
Gold prices surge! Analysis of intraday gold price trends!Market News:
Spot gold fluctuated at high levels in early Asian trading on Wednesday (September 24), currently trading at $3,762 per ounce, not far from the all-time high reached overnight. Yesterday, gold prices experienced extremely volatile fluctuations, soaring to a record high of $3,791. However, following a speech by Federal Reserve Chairman Powell, the London gold price retreated significantly from this high. However, gold's overall upward trend remained intact, and the price ultimately closed higher that day. Powell's remarks last night largely reiterated his remarks at the press conference following last week's rate cut. He emphasized the challenges facing the Fed in achieving its dual objectives. "Two-way risks mean there is no risk-free path," Powell said. He noted that cutting rates too much, too quickly, could lead to inflation running persistently close to 3%, rather than the Fed's 2% target; while maintaining a restrictive policy stance for too long could lead to unnecessary labor market slack, driving gold prices lower. Investors' focus now turns to Friday's release of the US core personal consumption expenditures (PCE) price index, the Fed's preferred inflation indicator. If data shows easing inflationary pressures, it will strengthen the case for an interest rate cut, positive for gold. Conversely, if inflation remains stubborn, it could shake market confidence in a rate cut, causing short-term volatility in international gold prices.
Technical Analysis:
After three consecutive daily gains, gold prices are trading in the overbought zone at 80, signaling a divergence. This is also why, after yesterday's record high of 3790.97, gold prices retreated sharply to support at 51, driven by both technical and fundamental factors. Currently, after three consecutive daily gains, prices are trading significantly below the 10-day moving average at 3693, with the 5-day and 7-day moving averages at 3722 and 3707, respectively. On the short-term four-hour chart, prices are converging around the 10-day moving average. The RSI indicator has turned downward after overbought levels, and the hourly moving averages are converging, pushing prices back below the middle Bollinger Band. Gold prices could see further correction after their sharp rise, with the 3740/80 range being the initial target for the day.
Trading strategy:
Short-term gold: Buy at 3750-3753, stop loss at 3742, target at 3780-3800;
Short-term gold: Sell at 3782-3785, stop loss at 3794, target at 3650-3630;
Key points:
First support level: 3750, second support level: 3735, third support level: 3712
First resistance level: 3778, second resistance level: 3791, third resistance level: 3808






















