Gold bulls hit new highs, go long on dipsGold directly recovered Friday's losses and hit a new high yesterday, which undoubtedly reflects the strength of the bulls. As mentioned in my post yesterday, with the support level of 4218 held, the low points have been gradually moving up, and a breakthrough above 4280 was only a matter of time. After breaking through 4280, the price surged all the way to a high of 4381, before starting to decline slowly. The gold bulls have risen again, and the current correction ended in the form of a rapid adjustment, allowing gold to return to the bull market.
From a technical perspective, the short-term correction has been repaired, and the price has moved back above all major moving averages, indicating that the market has regained its strength. The 1-hour moving average is still diverging upward in a bullish trend, leaving room for further upside in gold. Additionally, factors such as the U.S. debt crisis, the U.S. dollar credibility crisis, risk-aversion sentiment, and the interest rate cut cycle are driving gold prices higher. As long as these issues are not resolved or mitigated, the escalating contradictions will inevitably push the price to rise further.
Today's Strategy: If gold pulls back to the range of 4320-4330, consider going long on gold appropriately and set up a stop-loss order for risk protection.
Goldpreis
Gold: Buy around 4320, target 4360-4399Gold Market Analysis:
Yesterday, gold rebounded in the Asian session before repeatedly diving. However, in the US session, gold broke through 4277. This breakout signals the beginning of a buying spree. Yesterday, we analyzed that 4380 wasn't the high point of this wave during the Asian session. However, the price hit a new high in the US session, but the buying didn't continue, forming a new small top. The 4H chart shows a large V-shaped trend. Buying is starting to speculate on the continued strong buying trend. Today, we recommend continuing to buy. The daily moving average is diverging again, suggesting renewed buying momentum. We estimate that a minor dip in the Asian session will find support and push back towards 4381. Looking for opportunities to buy when the market stabilizes is crucial. It's crucial to understand the rhythm of gold's movement. Avoid entering orders during periods of strong rallies or cascading declines, as this can lead to losses within minutes. The above analysis chart represents my estimated fluctuation rhythm. If the market direction changes, we should continue to follow suit.
Support levels are 4300 and 4320, resistance is 4381, and the market's strength-weakness dividing line is 4320.
Fundamental Analysis:
The Federal Reserve has once again implemented loose monetary policy, and with the added support of CPI, market uncertainty is surging, prompting a surge in gold prices.
Trading Recommendations:
Gold: Buy around 4320, target 4360-4399
Analysis of the latest gold price trends today!Market News:
Spot gold prices fluctuated at high levels in early Asian trading on Tuesday (October 21st), currently trading around $4,360 per ounce. Amidst the volatile global financial markets, gold, as a traditional safe-haven asset, has once again demonstrated its unparalleled appeal. Spot gold prices surged by over 2.5%, nearly $160, recouping all of last Friday's losses and reaching a new all-time high of $4,381 per ounce. This strong rebound in London gold prices is driven not only by strong investor expectations for further Federal Reserve rate cuts, but also by continued safe-haven demand and potential uncertainty surrounding the Sino-US trade negotiations. With the US government shutdown entering its 20th day and key economic data releases delayed, the market is highly sensitive. Gold's safe-haven properties are further amplified in the current global economic environment. Internationally, political developments in Japan and the Eurozone are also indirectly impacting the gold market. Investors should closely monitor this week's CPI data, the progress of Sino-US trade negotiations, and next week's Federal Reserve meeting, as these events will directly shape the future trajectory of gold prices. In such volatile times, gold is more than just a metal; it's an anchor of investor confidence. Faced with the potential $5,000 target, rational investment strategies may be the wisest choice at this time.
Technical Analysis:
Gold remained under pressure throughout yesterday, fluctuating around 4280. However, gold ultimately broke through the US market, driven by safe-haven buying, and surged again. This strong rally demonstrates that, as in previous sessions, gold is undergoing rapid adjustments, demonstrating its consistent strength. While the market is currently volatile, wait patiently for a pullback and continue buying. Returning to the 1-hour gold chart, the moving average continues its upward golden cross, maintaining a buy pattern. Gold prices remain strong in the short term after a strong breakout above 4325 resistance, with gold buying once again breaking through Friday's high. Following the trend, gold once again reached a new all-time high at 4381, closing with a large bullish candlestick pattern. Technically, gold retraced to support at the 5-day and 7-day moving averages, with the moving averages continuing to trend upward. Bollinger Bands on the hourly and 12-hour charts are pointing upward, with the moving averages forming a golden cross, indicating a continued trend-buying pattern. Today's trading strategy remains focused on buying low! Trading strategies suggest buying opportunities when prices dip above the 4320 support level!
Trading strategy:
Short-term gold buy at 4325-4330, stop loss at 4315, target at 4380-4400;
Short-term gold sell at 4420-4425, stop loss at 4435, target at 4360-4330;
Key points:
First support level: 4352, second support level: 4325, third support level: 4300;
First resistance level: 4380, second resistance level: 4396, third resistance level: 4420
Gold has resumed its upward trend. Choosing the right entry poinGold prices rebounded over 2% on Monday, recouping Friday's losses, driven by market speculation that the Federal Reserve will continue its easing cycle next week. A weaker dollar and falling Treasury yields led to a sharp rebound in gold after hitting a daily low of $4,219/oz.
Gold hit a new high of 4,381.4 in US trading on Monday, forming a short-term double top with last week's high of 4,380.
Gold prices are currently stabilizing at the 5-day moving average. The current trend suggests a bullish outlook. A certain degree of price pullback during the uptrend offsets the earlier bullish trend, solidifying the upward trend. The current trend is a pullback in the Asian session followed by a second rise in the European and American markets. We must adapt to this trend and choose the right entry points amidst market fluctuations.
From the 1-hour chart, in the short term, pay attention to the high pressure of 4380-4385, and pay attention to the first support level of 4320 below. This position is the middle track of the Bollinger band and also overlaps with the MA20 moving average. Secondly, pay attention to the MA30 moving average near 3295. Short-term Trading Strategy:
Buy stocks in batches when the price retreats to around 4315-4320, with a stop-loss of $10. Profit range: 4360-4380.
If the upward trend fails to break through resistance for a long time, try shorting with a small position at the high point, with a profit of 20-30 pips.
I will post more real-time trading strategies in the channel, welcome to communicate.
Gold prices fluctuate. Betting on extraordinary rate cuts.Precious metals continued their previous surge last week. Gold set new records for five consecutive days, reaching a high of nearly $4,380, a new all-time high.
The ongoing US government shutdown, the Federal Reserve's renewed interest rate cut cycle, high debt levels, escalating Sino-US trade frictions, and the ongoing Russia-Ukraine conflict continue to fuel demand for gold as a safe haven, de-dollarizing, and asset allocation.
Last Friday, gold also fell sharply by nearly $200 to a high of around 4380, and hit a low of around 4188. Despite the sharp market decline, the price still rose by nearly 6% last week, marking its ninth consecutive week of gains. Mainly due to the bad loan problems of two US banks, global demand for safe-haven assets has surged.
From the daily chart, gold is still maintaining a slight upward trend. Last Friday's pullback coincided with the MA5 support level. This is most likely the maximum extent of gold's pullback. A complete shift from a bullish to a bearish trend is currently difficult. At the very least, it must first fall below the MA5 moving average before there will be further room for retracement. As it remains above the moving average and there is no particularly negative information for gold, the trend may continue to remain at a high level.
From the 1-hour chart, the Bollinger Bands are gradually narrowing, and prices are likely to remain range-bound. Current support lies near the lower Bollinger Band at 4215, while upward pressure is expected in the 4270-4280 range.
Although prices fell below the lower Bollinger Band last Friday, they subsequently rebounded. This trend continued in the Asian session on Monday, reaching near the middle Bollinger Band. Prices are still holding above the lower Bollinger Band and trading at a high level.
Overall, the trend remains relatively strong until the price breaks below 4215. With prices trading above this level, buying on dips in the short term is still a viable option.
More real-time trading strategies are being released in the channel, so stay tuned.
Can Gold Still Reach 4400? Focus on the 4280 WatershedGold opened slightly higher at 4251 this morning, but immediately crashed and fell back below 4239. However, this didn't trigger a further sell-off, instead it stalled and saw a strong rally. Gold therefore broke through 4273 before retreating. The pullback was also quite strong, directly reversing gains and heading towards 4220. This aligns with the signal mentioned in yesterday's article, suggesting a short position below 4280.
Gold's 30-minute moving average has begun to turn downward. If it forms a downward death cross, the 30-minute moving average could see further downward movement. Even with the risk-averse approach, gold failed to break through the resistance at 4280 this morning, indicating that 4280 remains the current dividing line between bulls and bears.
Resistance levels: 4260, 4280
Support levels: 4200, 4180
Trading strategy:
1. If gold retreats to the 4200-4180 area, consider going long on gold and setting up a protective position.
2. If gold rebounds to the 4265-4275 resistance area, consider shorting gold.
3. If gold breaks through and holds above 4280, consider going long on gold after a pullback.
If you're feeling lost and unsure about the market, follow my updates and channel. I'll provide daily updates, including details on long- and short-term trade execution. If you're interested, please share your current positions and we can analyze whether it's safer to hold on or adjust and change your positions.
Is the sharp drop in gold a sign of a bearish trend?Gold rallied to 4379 after opening on Friday, then rebounded above 4370 after experiencing two crashes. The market generally expected gold to break through the 4400 mark. Although one of the two crashes resulted in a drop of over 100 points, this did not spur a further return of bears. Instead, the strength of the rebound gave the market bullish confidence. The subsequent crash immediately wiped out all the buying. As I mentioned in my previous two articles, everyone expected the price to rise again after falling.
The crash after the surge was actually expected. Whether it was the US government shutdown, rising expectations for an October rate cut, or the trade war and Russia-Ukraine spurring risk aversion, bullish momentum was constantly building. It was primarily driven by capital seeking to push up gold prices. Otherwise, the news had some impact, but not this significant. It's true that the Russia-Ukraine conflict hasn't escalated out of control. While a Fed rate cut is highly likely, the market had already priced in the news. Unless it's a significant rate cut, the impact will be limited. As for the US government shutdown, while it has an impact on the US economy, it's more of a civil war between the two parties, so the impact is also limited. As for tariffs, after all, they haven't been implemented, and there's no question of how much risk aversion they'll generate. Negotiations will happen anyway. Even combined, these various pieces of information wouldn't have spurred gold prices that much. After all, this month's rise from 3819 to 4379 is 560 points, and this week's rise from 4002 to 4379 is nearly 380 points. This is purely a malicious push.
So is this bull market in gold over? This recent correction has been particularly strong, prompting many to question whether gold has peaked. However, it's premature to call it a peak, and we shouldn't blindly dismiss the current strong trend. After all, the news hasn't yet signaled a significant decline, and the aforementioned events haven't been effectively addressed. Looking at the one-hour and four-hour charts, support remains near 4180 and 4160. Only a break below these levels will trigger further downside, two areas we need to watch in the short term. Upward pressure is currently at 4280-4300. If it breaks through these levels again, it's likely to revisit the previous highs. A break below these levels could lead to a push towards 4500.
Next Week's Trading Strategy:
Gold's focus is now on the 4280 area, which is currently the dividing line between bulls and bears. If gold fails to break through 4280 in a rebound next week, continue shorting gold on rallies. If gold ultimately breaks through and stabilizes at 4280 amidst the weekend's risk-averse rally, then bulls will return. Currently, gold is still trading below 4280, so continue shorting on rallies at the beginning of next week while under pressure at 4280.
If you're feeling lost and unsure about where to go in this market, follow my updates and my channel. I'll provide daily updates for your reference, including details on the execution of long- and short-term trades. If you'd like, please share your current positions so we can analyze whether it's safer to hold on or adjust and change positions in a timely manner.
Next week's trading plan is about to begin. If you have any trading questions (wanting to recover losses or increase profits), please feel free to contact me.
Thank you to everyone.
Gold continues to rise, is there no chance for bears?Yesterday, gold opened lower, found support at 4,199, and then began to rally, peaking intraday near the 4,230 level. Undoubtedly, the bulls have once again staged a rally of over 100 points. Of course, no matter how high gold rises—even if it hits 4,500—I wouldn’t be surprised right now, because the market is in such a state: the bulls’ rally seems endless. While there have been collapses in between, the situation is just as I said yesterday: recent collapses followed by rallies to new highs have made the market distrust the return of bears; instead, investors increase their bullish bets after each collapse.
One thing must be acknowledged: amid gold’s relentless rally, there are still investors trying to top-tick the market (short at the peak), especially when facing resistance at round-number levels. The enthusiasm for shorting remains high, and this is precisely what’s driving gold higher—because it can’t fall. If it really did fall sharply, market sellers would undoubtedly lock in substantial profits. As for chasing highs, with gold breaking through resistance levels at will, buyers have high expectations. Moreover, as the low points keep moving up, buyers dare not exit casually once they enter a position—for fear of missing the chance to get back in at a lower level. This behavior has also intensified market manipulation; otherwise, what’s the point of gold’s "collapse-then-rally-to-new-highs" pattern these days? It’s nothing more than a way to trap both bulls and bears for profit.
Given this situation, technical analysis and news are essentially meaningless. While they may have some reference value, it’s extremely limited. Therefore, you all need to be cautious. Of course, for me, it doesn’t matter—short-term trading doesn’t require a clear trend. Although I mostly take short positions in the short term, that’s only because the skill requirement for "catching pullbacks after rallies" is relatively low. Additionally, I haven’t had time to notify everyone about long positions, as the rebounds have been too fast, leaving no chance to enter. I hope you all can understand this.
Today, gold gapped up to open near 4,333, pulled back to 4,326 to find support, and then surged sharply. The bulls pushed it up to around 4,379 before it collapsed to near 4,343; it then rallied again to 4,363 and paused to pull back. Undoubtedly, the bulls have once again unleashed an explosive rally. Of course, when it comes to the reason for this surge, it ultimately boils down to market-driven buying. Yesterday, when gold faced resistance in the 4,290–4,300 range, selling pressure emerged noticeably—and this is precisely what attracted capital to enter, "hunt" those short positions, and push gold above 4,300.
The 4,300 level is also a key dividing line between bulls and bears in the market. This week, since gold started rallying from 4,002 earlier in the week, the bulls have surged nearly 300 points, and the enthusiasm of market buyers has slowed noticeably. Most investors think that after such a large gain, a further explosive rally is unlikely, so they chose to short at 4,300 as a "phased top-tick"—and this is why gold saw such a momentum-driven rally after breaking above 4,300.
Secondly, market news has also given capital an excuse to push gold higher. First, the deteriorating relations between China and the U.S. have triggered market panic; second, the U.S. government shutdown has further amplified this panic; third, the suspension of data releases has left the Federal Reserve unable to refer to economic data to adjust policies, which has increased the likelihood of a rate cut. With these three major news drivers impacting gold, capital always has a reason to push its price higher. Furthermore, the outbreak of the U.S. credit crisis has fueled safe-haven sentiment, and the tense atmosphere surrounding the Russia-Ukraine conflict continues to stimulate safe-haven demand for gold. Combining these factors, if the market is willing, even a break above 4,500 wouldn’t be surprising.
Of course, for today, we can’t rule out the possibility of a deep collapse. After all, this week gold has surged nearly 380 points from 4,002 to 4,379. While the bulls have shown strength, we must admit that this rally is fragile—overbought conditions are inevitable, and a collapse is bound to come. The only unknown is how gold will fluctuate before the collapse. Right now, tools like technical analysis are useless. However, looking at trading activity: even though market sellers have been trapped and forced to take losses, traders’ enthusiasm for top-ticking remains high.
In this context, I personally don’t think 4,400 can hold; it will likely be broken falsely to trigger stop-losses. That said, once it breaks above 4,400, gold may see a momentum-driven rally—unless capital steps in to reverse the trend midway, it should surge to 4,430–4,440 before collapsing. Moreover, if a collapse occurs today, the magnitude will be significant, though it will be accompanied by a rebound. This is exactly what happened this morning: gold collapsed, then surged to a new high, collapsed again, then surged again. This is clearly a move to convince the market that "bears are powerless." Therefore, you all must be alert to the risk of a sudden 100-point drop in gold today.
As for today’s trading strategy, I won’t elaborate much here—everything will be based on real-time market moves.
If you lack a plan or clear direction for gold trading and struggle to achieve consistent, stable profits, you can follow my channel and leave me a message.
Interest rate cuts and safe-haven support gold. 4,400 is unstoppInformation Summary:
Spot gold surged strongly in early Asian trading on Friday, surging over 1.2% to a record high of $4,379.38 per ounce. Gold prices have risen nearly 9% this week and are expected to continue rising for nine consecutive weeks. This surge is primarily driven by strong market expectations of Federal Reserve rate cuts in October and December, coupled with a surge in SPDR gold holdings, which has boosted bullish sentiment.
In addition to monetary policy expectations, multiple positive factors are fueling gold's upward momentum. The risk of a US government shutdown and the tense international trade situation continue to attract safe-haven funds to gold. At the same time, the continued gold purchases by central banks of many countries around the world and the long-term trend of "de-dollarization" have fundamentally consolidated the support for gold. Amidst increasing geopolitical and economic uncertainty, gold's safe-haven properties are becoming more prominent, and analysts believe that a challenge to the $4,400 mark may be just around the corner.
Market Analysis:
Technically, after a strong breakout above key resistance at $4,200, gold is now approaching the psychologically important $4,400 level, maintaining its short-term bullish trend.
The trading strategy recommends focusing on whether the market can continue to be strong, but be wary of the risk of profit-taking at high levels. A conservative strategy should prioritize buying on dips, with the key support range moving up to $4,310-4,300. If prices fall back to this area and find effective support, it would be a good opportunity to go long with the trend, targeting a new high of $4,400. However, it is crucial to note that an unexpected break below $4,300 could trigger a significant technical correction, potentially leading to a deeper correction towards $4,250.
Therefore, caution is advised when pursuing long positions at current highs, with strict stop-loss orders in place.
Trading strategy:
Buy stocks in batches when the price dips back to the 4320-4315 range. Set a stop-loss at 4310. Profit range: 4360-4370-4390.
Bulls are taking off. Please maintain your bullish strategy.Gold rose steadily after the Asian market opened on Thursday, reaching a high near 4242 before retreating. It reached a low near 4203 before continuing its advance, a so-called symbolic pullback.
The magnitude of this move does appear to be favorable, offering traders an opportunity to enter the long position. However, this strong market also creates confusion for traders. Going long during the rally fears a price correction, while going short fears continued bullish momentum. Current trading is heavily influenced by luck.
The US market continued its upward trend on Thursday, reaching a high near 4330. The strength continued in early Asian trading on Friday, reaching a high near 4380. Amidst this frenzied market, all we can do is patiently wait for a pullback before entering the long position. After all, conservative trading is more rational at this point.
Support below is near 4315, a peak-to-trough reversal point. This level can also be considered as a short-term entry point. Faced with the absolute dominance of bulls, the market has become somewhat helpless, and continuing to chase long positions carries the risk of a pullback. Quaid recommends strictly controlling stop-loss orders to avoid significant losses from a deep price correction.
Trading Strategy:
Go long on a pullback near 4315-4310, with a stop loss at 4305 and a profit range of 4380-4390.
Aggressive traders can enter the long position after a 20-point pullback, but please consider your trading capital carefully before entering.
Gold breaks through again. Watch for entry opportunities.Information Summary:
Gold continued its upward trend in early Asian trading on Friday, reaching a new all-time high of 4,380. Trade tensions, the ongoing US government shutdown, and bets on a Federal Reserve rate cut all fueled gold's gains. Furthermore, a plunge in US bank stocks dragged down US stocks, fueling risk aversion that further accelerated gold's upward momentum.
Concerns about the credit quality of the US economy and escalating friction over tariffs have also boosted demand for safe-haven assets. Furthermore, the renewed conflict between Russia and Ukraine, with the US supplying Tomahawk cruise missiles to Ukraine, has heightened gold's safe-haven appeal. In an era of heightened global uncertainty, gold remains an asset worth watching. Traders are advised to closely monitor market expectations for the Federal Reserve meeting, news related to the international trade situation, and geopolitical developments.
Market Analysis:
Gold is hitting new highs daily. Recently, I've been reminding everyone to buy on dips. The bull market remains strong. On Thursday, the price surged by $177, reaching a high of 4380. If the market continues to break through 4400, the next target will be 4450.
Gold bulls remain firmly in control, extending their record-breaking rally with no signs of fatigue. The 1-hour chart shows no significant pullbacks. In the short term, gold trading above 4300 is considered strong. Continue buying gold even if it retreats. Patiently wait for opportunities.
Trading strategy:
Short-term gold long position at 4310-4315, stop loss at 4300, profit range at 4370-4390;
Key points:
First support level: 4335, second support level: 4310, third support level: 4300
First resistance level: 4380, second resistance level: 4400, third resistance level: 4428
A strong market. Timing is crucial.Gold prices continued their upward trend for the fifth consecutive day, reaching a new record high. Concerns about the economic risks posed by the US government shutdown, international trade wars, and escalating geopolitical tensions continue to drive capital flows into gold, a traditional safe-haven asset.
Furthermore, recent speeches by most Federal Reserve officials have paved the way for interest rate cuts, making the market virtually certain that an October rate cut is a foregone conclusion, with even a 100% probability of a December cut. The government shutdown, which has lasted 15 days and is costing approximately $15 billion in lost economic output daily, has also led to a decline in the US dollar index, which has fallen for two consecutive trading days, further bolstering gold's upward momentum.
On the 4-hour chart, prices continue to trade along the upper Bollinger Band. Despite a slight pullback early on, they have rebounded strongly, with current support levels moving up to around 4240-4230. Bullish momentum remains strong in the short term. Quaid believes the trading strategy remains focused on buying on pullbacks. However, caution is advised when following orders mid-trade to prevent sudden price pullbacks from causing losses. Please follow our channel for more real-time trading strategies.
Trading Strategy:
Buy in batches between 4240 and 4230, with a 10-point stop-loss. Profit range: 420-4280-4300.
At the end of the ascending triangle, go shortToday, gold opened with a volatile climb and then consolidated at elevated levels. The bulls still have lingering momentum, but gold has been trading above its 5-period moving average for three consecutive days now. Since the start of this unilateral rally from 3,311, gold has consistently advanced with support from the 5-period moving average—only once did it find support at the 10-period moving average. When gold deviates from the 5-period moving average for an extended period and keeps rallying nonstop, a pullback correction is likely to occur. Furthermore, gold is trading at the end of an ascending triangle pattern, leaving little room for further movement, and a trend reversal could happen at any time.
Realistically, due to the U.S. government shutdown, it’s nearly impossible to make reliable judgments based on economic data right now—the data is simply too untrustworthy, and any outcome would come as no surprise. That said, I don’t believe inflation will ease at all. In fact, the U.S. government shutdown has dealt a severe blow to the U.S. economy. Additionally, tariff tensions have never truly subsided; on the contrary, they are currently escalating step by step. Under such circumstances, I don’t think U.S. inflation will slow down—in fact, I lean toward the possibility of further inflationary pressures. If that’s the case, the Federal Reserve will likely put rate cuts on hold. Even if a rate cut is forced through in October, it will impact the progress of future rate cuts. Once inflation heats up, gold faces a high risk of a sharp collapse.
In terms of market trading, gold’s rebound after the previous collapse has only fueled more bullish buying. Paradoxically, this has made the market unafraid of another collapse—traders now assume that any drop will be quickly followed by a rally to new highs. Amid the uptrend, chasing highs remains common, and rightly so, given the impressive gains in recent days. However, this could well be a sense of inertia instilled by the market, designed to make traders trust the bullish trend. If gold falls again, the decline will likely exceed 100 points.
Resistance Levels: 4,275, 4,300
Support Levels: 4,235, 4,220
Trading Strategy
While others are cautious, we’ll be greedy. We plan to consider shorting gold around the 4,275 level in the evening, waiting for a trend reversal.
For specific trading decisions, please follow my real-time updates. I post my trading ideas and strategies daily. If you lack a plan or clear direction for gold trading and struggle to achieve consistent, stable profits, you can refer to and follow my updates as a reference and guide to help you avoid mistakes.
Gold hits a new high. Go long on a pullback to 4180-4190.Gold continued its upward trend for the fifth consecutive day, with the current price approaching 4250 points as global anxiety persists. Investors are concerned about the economic risks posed by the US government shutdown, international trade wars, and escalating geopolitical tensions, which continues to drive flows into the traditional safe-haven asset of gold.
Traders now appear to have almost fully priced in the possibility of two more US Federal Reserve rate cuts this year. This has pushed the US dollar to a one-week low and bolstered the case for further near-term appreciation in gold. Meanwhile, gold bulls appear unfazed by extremely overbought conditions on short-term charts. This further validates the commodity's positive short-term outlook ahead of speeches by several influential Federal Open Market Committee (FOMC) members.
Although the bullish trend is quite obvious, it is difficult to keep track of the entry point in real time. The recent price increases are almost all in a straight line. Trading during the rise is risky but suitable for the current market. However, a more stable transaction is to wait for the price to pull back before going long.
From the current technical perspective, the Asian market rose in the early morning, and rebounded strongly after a slight correction in the European session. The short-term strong support is around 4180. It is relatively stable to go long at this price. The upward point should focus on 4060 and above. Of course, you cannot guess the top.
It should be noted that if there is an unexpectedly large adjustment space, you can pay attention to around 4160 below.
Continue to go long. When to enter?Gold started to rise steadily in the early Asian session on Wednesday, reaching a high of around 4218 but unexpectedly fell back quickly. It reached a low of 4164 and continued to rebound rapidly, and then has been fluctuating around the 4180-4200 range.
It continued to rise after opening on Thursday, setting a new high. The current high has reached around 4242. The strong upward trend is also the basic operation in the near future. However, the sudden and unexpected drop amidst this steady upward trend has left the market feeling somewhat frustrated and has discouraged many traders from chasing the gains.
In the short term, gold's volatility in the US market may be accumulating momentum for the next round of bullish gains. The daily chart remains strong, making it difficult to predict the top. Judging from the recent market performance, all pullbacks are traps set by the bulls, and the bulls are currently continuing to consolidate above 4230. Quaid recommends waiting patiently for the pullback before continuing to go long.
In the short term, buy around 4210-4205, with a profit range of 4240-4250 and a stop loss of 4195.
XAU/USD) Bullish trend analysis Read The captionSMC Trading point update
Technical analysis of XAU/USD (Gold), 4H timeframe — here’s the detailed breakdown 👇
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Trade Idea: Bullish Continuation Setup — XAU/USD
Market Context
Gold has been in a strong uptrend, forming higher highs and higher lows.
Price has recently broken above the previous resistance zone, signaling bullish continuation.
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Key Technical Points
1. FVG (Fair Value Gap) Zone
The chart highlights an FVG area around 4,060–4,080, which now acts as a potential retracement zone.
Smart money often drives price back into these imbalances to mitigate orders before continuing the move up.
2. Retest Opportunity
Expect a pullback into the FVG zone, followed by bullish confirmation (rejection candle or structure shift).
This creates a high-probability long entry zone aligned with the prevailing bullish order flow.
3. Key Support Level
The 3,940–3,970 zone below acts as a major support / demand area, reinforcing the overall bullish bias.
4. Target Point
The projected target point is around 4,250, based on the measured move from the FVG breakout structure.
This aligns with liquidity resting above previous highs — a likely take-profit zone for institutional traders.
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Trade Plan
Entry: Wait for price to retrace and show bullish confirmation inside the 4,060–4,080 (FVG zone).
Stop Loss: Below 4,040 (beneath imbalance / last swing low).
Take Profit: 4,250 target zone — completion of the bullish leg.
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Market Logic
This idea follows Smart Money flow principles:
Break of structure (BOS) confirms bullish control.
Retracement to FVG provides a discounted entry.
Target liquidity above prior highs for exit.
--- Mr SMC Trading point
Summary:
Gold remains in a strong bullish phase — look for retracement entries into the FVG for continuation toward 4,250.
Please support boost 🚀 this analysis
Don't miss any opportunity to go long on a pullbackAfter we gave our trading ideas last night, gold touched the upper pressure level as expected. After we tried to arrange short orders as planned, we left the market safely in the early morning.
At present, gold continues its strong upward trend, with daily lines closing positively for consecutive days, and the bull-dominated pattern is further consolidated. I have pointed out many times before that the current gold price deviates greatly from the moving average, and the indicators show overbought divergence characteristics. We need to be vigilant about possible short-term correction needs, which has also been verified many times. In the short term, gold continues to rise again. The upper pressure can be focused on 4260-4270, which is also the channel suppression level. When it is touched for the first time, you can try to short with a light position.
But remember, our core trading ideas remain unchanged and we remain bullish in the medium to long term. Short selling is only an auxiliary trading strategy. Any downward adjustment before effectively breaking through the key support point can be regarded as a short-term technical correction, thus providing a better entry opportunity for bulls.
Pay attention to the support of 4205-4190 below. If it retreats to here, you can continue to go long on gold. The important strong support is still 4140.
OANDA:XAUUSD
Gold Price Outlook – Trade Setup (XAU/USD)🔹 Technical Structure
TVC:GOLD Gold has extended its rally above the $4,200 handle, testing the $4,240–$4,246 resistance zone highlighted on the chart. Momentum remains bullish in the short term, but price is facing rejection near the upper boundary.
Support Zone: $4,204 – $4,210 (marked in red/purple)
Resistance Zone: $4,240 – $4,246 (marked in yellow)
Current bias shows a potential pullback from resistance before another attempt higher.
The drawn projection suggests a corrective dip back into the support zone, followed by a renewed bullish wave toward resistance.
🔹 Trade Setup
Entry: $4,204 – $4,210 (on pullback into support zone)
Stop Loss: $4,202 (below key support structure)
Take Profit 1: $4,240 (resistance re-test)
Take Profit 2: $4,246+ (extension above resistance)
Risk–Reward (R:R): ≈ 1 : 3.92
🔹 Macro Background
Gold continues to trade at elevated levels, supported by strong safe-haven demand amid U.S.–China trade tensions and expectations of further Fed rate cuts. Market participants anticipate a 25bps cut at the October FOMC, with an additional cut in December and more in 2026. Fed Chair Powell’s comments on slower job growth reinforced dovish bets, lowering yields and boosting gold.
Additionally, the newly imposed U.S.–China port fees have increased geopolitical risk, pushing investors to hedge with gold.
🔹 Key Technical Levels
Resistance: $4,240 / $4,246
Support: $4,210 / $4,204 / $4,200
🔹 Trade Summary
Gold remains in a bullish trend but faces heavy resistance near $4,246. A pullback to the $4,210 support zone offers a potential buy-the-dip opportunity, targeting resistance re-tests. Macro fundamentals continue to favor gold’s upside, but near-term corrections are possible before another breakout attempt.
⚠️ Disclaimer
This analysis is for reference only and does not constitute trading advice. Trading involves significant risk, and proper risk management is essential.
Is the bull market over? Here's the strategy.Information Summary:
Gold continued its upward trend in early Asian trading Thursday, reaching a new all-time high near $4,226. This was primarily due to growing bets on a Fed rate cut and geopolitical concerns, which led investors to flock to the safe haven of gold.
In addition, Fed Chairman Powell's dovish stance and the Beige Book, which revealed concerns about stagflation, boosted demand for safe assets. So far this year, gold prices have risen by over 60% due to geopolitical uncertainty, expectations of a Fed rate cut, central bank purchases, and strong inflows into ETFs.
Market Analysis:
Gold maintained its bullish trend, reaching a new all-time high on Wednesday, breaking through the 4,200 mark. The daily chart shows continued bullish momentum with strong volume. The 10-day moving average (MA) and 7-day moving average (MA) continue to form a golden cross, with the 5-day moving average moving upwards towards 4,140. The RSI indicator remains in the overbought zone, above 80.
Bollinger Bands on the 4-hour and 1-hour charts are opening upwards, indicating that the price is trading within the upper mid-range range. The current gold bull market isn't over yet. Each sharp drop is merely a correction. Until the bullish trend ends, the top pattern remains undetermined, so avoid blindly guessing the top.
It's important to note that recent trends have all been new highs in the Asian session, declines in the European session, and sideways fluctuations in the US session. The trading strategy remains to buy on dips.
Key Points:
First Support Level: 4190, Second Support Level: 4175, Third Support Level: 4160
First Resistance Level: 4235, Second Resistance Level: 4240, Third Resistance Level: 4250
Prices remain high. The bullish trend remains intact.The overall market remains bullish, and pullbacks present opportunities for buying. Gold, as expected, broke through the 4200 level today before quickly falling and rebounding.
From a technical perspective, gold has risen strongly and quickly corrected its price after setting a new high, but it still received support from buyers at low levels, and the price rebounded quickly after hitting a low of 4164.
The 1-hour chart shows that it is in a flag-shaped consolidation pattern, and the support level is moving steadily upward. Key support has now risen to $4180. As long as gold prices hold above this level, the uptrend remains intact. The moving average system continues to form a golden cross and diverge in an upward bullish arrangement. The bullish momentum of gold still exists and continues to maintain a strong pattern.
The 4-hour chart has effectively broken through the previous range of resistance, with the next key target near $4230. Quaid recommends placing long positions above 4180, with targets potentially moving towards 4230-4250.
Gold surged and then retreated. Latest Analysis.On Wednesday, gold continued its recent record-breaking run, finding buying support for the fourth consecutive trading day. Against a backdrop of favorable fundamentals, gold prices hit a new all-time high of $4,218.19.
Persistent geopolitical tensions, escalating trade frictions, and market concerns about a prolonged US government shutdown have all contributed to the key factors supporting this surge in safe-haven assets. It is important to note that despite technical indicators indicating overbought conditions, gold bullish momentum has not weakened, suggesting that the path of least resistance remains upward and the recently established upward trend is likely to continue.
In early Asian trading, gold bulls stabilized in the 4,140 area and re-energized, breaking through the record high of $4,200. Until there is a clear signal of a peak, do not blindly guess the top location. In the short term, a buy-on-low approach is recommended, with key support focused on the intraday low and the short-term uptrend support from 4,090.
The first resistance level to watch is around 4210-4215, followed by 4240. Support is expected to be around 4180-4160. For gold, a short-term strategy is to buy on pullbacks.
Trading strategy:
Buy gold in batches on pullbacks between 4180-4160, with a stop-loss of $10. Profits are expected to be above 4200.
Gold → Every step up, the risk of a crash increasesAs I said in my previous article, the momentum of gold bulls has been weakened to a certain extent. Now, with every step up in gold prices, the possibility of a collapse increases. The current emotional value is driving gold prices up. We can clearly see today that after breaking through 4200, the momentum of gold has weakened significantly. We clearly saw today that after breaking through 4200, gold's momentum has weakened significantly. We shorted gold at 4199 and 4216, and have both taken profits at 4180. We will monitor the resistance levels of 4218-4223 tonight and take action when the time is right.
For specific trading decisions, please follow my real-time updates. I post my trading ideas and strategies daily. If you lack a plan or clear direction for gold trading and struggle to achieve consistent, stable profits, you can refer to and follow my updates as a reference and guide to help you avoid mistakes.






















