GOLD– Market Outlook
🔼 Bullish Scenario:
• If the price holds above 3635, the upward momentum is expected to continue.
• Target: 3675 (main resistance level).
• If 3675 breaks, the price may rise further and enter the bullish zone.
🔽 Bearish Scenario:
• If the price stabilizes below the retracement level, a temporary correction may start.
• Target: 3595 (strong support).
• If the price breaks below 3595 and closes under it (especially on the 1h or 4h timeframe):
→ The next bearish target will be 3546.
⚠️ However, if 3595 holds and is not broken, the price will likely bounce and resume the bullish trend.
⸻
Goldpreis
In a bull market, stick to the long position to the endThe biggest challenge in a one-sided trend lies in courage—the courage to enter the market, the courage to not fear high prices, and the resolve to stop guessing the top. No one can predict how high the price will go. The key to determining long or short positions lies in the starting point of the rally and whether the last top-bottom conversion level has been broken. Trend is king; go with the trend. In a bull market, short-term pullbacks do not disrupt the bullish trend. However, since gold is currently at a high level, it is essential to set up risk protection measures every time before looking for further upside. This will help avoid being caught holding positions at the peak during the final phase of the gold bull market. There’s no need to predict the top in a rally—gold is still in a major bull market, and we’ll keep the gold bullish trade going all the way.
From the perspective of the 1-hour trend structure, the overall market movement is extremely sound, including the top-bottom conversion levels and the early-morning rally starting points. While identifying the trend direction may seem simple, this logic is highly effective in a one-sided market. As long as we hold onto the key levels and maintain the bullish outlook unchanged, any pullback is an opportunity to enter the market. For those who haven’t entered yet—this has been emphasized many times—you can go long with a small position around the 3640-3642 range today. For those who entered the market with me earlier, simply hold onto your positions.
If you feel confused about the future market trend, or if you have not yet made profits in such a market, follow me and leave me a message – let me help you resolve this issue.
Never predict the top; go long with the trendThe bullish momentum for gold is unstoppable, with basically no significant pullbacks. Therefore, gold will only continue to stay strong for now. It is basically impossible to wait for a major pullback in gold at the moment—if a sharp pullback starts, it will no longer be a correction. The current market follows the rule: "A strong trend sees no correction; a correction means no strength."
The 1-hour moving averages of gold remain in a bullish divergence pattern with a golden cross trending upward. After breaking above the 3,600 level, gold has continued to move higher. Now that it has broken through and held above 3,600, this level will become a key support for gold in the short term. In such a strong market, gold usually resumes its strength after a pullback of around 20 US dollars. Those who haven’t entered the market can go long on dips around 3,620 in line with the trend. Those who already hold positions can just keep holding.
A real trending market won’t end so soon. Gold is now in a major bull market cycle—there’s no need to predict the top during a rally. Following the trend means going long; we’ll keep the gold bullish trade going all the way.
If you feel confused about the future market trend, or if you have not yet made profits in such a market, follow me and leave me a message – let me help you resolve this issue.
GOLD analysis in time frame 4h
🔹 If price trades above 3595:
• The trend will likely continue upward toward the resistance level at 3630.
• A breakout above 3630 and holding above it (on the 4-hour or 1-hour candle) would confirm a continuation upward toward 3680.
⸻
🔹 If price fails and breaks below 3595:
• The trend will likely move downward toward the support level at 3560.
• This support is strong, but if it is broken, the trend may fully shift into a deeper decline.
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📌 In short:
• Above 3595 → bullish trend (targets 3630 → 3680).
• Below 3595 → bearish trend (targets 3560 → further downside).
Been going long all along—how many of you followed?The international gold price has continued its consistent strong trend. It not only remains firmly anchored at a high level but also keeps advancing toward new ranges driven by bullish momentum, with the stability and continuity of the current trend now extremely clear. For investors who have already established gold long positions, it is advisable to hold their positions firmly and avoid triggering profit-taking prematurely due to minor short-term fluctuations. As we have emphasized repeatedly, in such a one-sided strong market, exiting early – or "getting off the bus ahead of time" – is essentially equivalent to missing out on subsequent trending gains and can even be considered an implicit loss. More crucially, in a strong market, prices usually do not offer those who exit midway a chance to re-enter at a low price. Once you miss the opportunity (miss the market), you will likely have to chase the rally to enter, significantly increasing the risk of your positions.
For investors who have not yet entered the market, there is no need to feel anxious about missing the previous price gains, as the current strategy remains clear: wait for a minor retracement in the price, then enter the market in batches with a small position to "secure a spot" – establishing a foundational position first to keep in step with the trend direction. It is imperative to remember the core logic of the trading market: "A strong market sees no correction; a correction means the market is not strong." If the current trend is truly robust, the retracement will inevitably be extremely shallow and short-lived, leaving no room for excessive hesitation.
If you feel confused about the future market trend, or if you have not yet made profits in such a market, follow me and leave me a message – let me help you resolve this issue.
Go with the trend.Over the past two trading days, the international gold price has exhibited a strong breakout momentum, successfully moving above the upper edge of the consolidation range it had maintained for as long as four months. This trend is fully consistent with our recent analytical view that "bulls are accumulating strength for a breakout".
From the perspective of market performance, the current gold price is in a clearly strong upward cycle. Just as the trading logic we have repeatedly emphasized goes – "A strong trend sees no correction; a correction indicates a lack of strength": In a trending upward market, if the price consistently trades at a high level with extremely shallow corrections, it precisely signals sufficient bullish momentum. On the contrary, if an unexpected deep correction occurs, it will not only disrupt the current strong rhythm but also may dampen the market's confidence in going long, thereby exerting a substantial impact on the bullish trend.
Therefore, our core operating strategy remains unchanged: we will not blindly chase the rally. Instead, we will patiently wait for the price to retrace to the key support level before deploying long positions in line with the trend. This approach not only aligns with the current trend direction but also enables better control of entry risks.
3500 is the key, go long when it retracements and stabilizes#XAUUSD
Before the release of NFP data, gold prices continued to rise on the daily chart and remained stable near the upper limit at the morning opening. 🐂The current market is in an extreme situation. Before there is a clear direction, we always maintain a cautious attitude towards buying. Currently, it is near a historical high and the market is bullish. Once you chase high prices easily, it will be more dangerous and you will easily suffer losses.📊
Judging from the 4H chart, since gold rose to 3500, this point has changed from resistance to support.🥅 No matter whether gold continues to rise or fall, it must touch this point to establish a clearer short-term direction. Therefore, we will definitely not participate in the current trading around 3535.⚠️ If we want to participate in the short term, I suggest referring to 3525-3500 and wait for it to stabilize before taking long orders with a small position in batches. Otherwise, there will definitely be risks. The short-term target can be seen at 3550-3560.📈
Gold Price At Record High: Will The Yellow Metal Hit New Highs?
The precious metals market is experiencing unprecedented excitement as gold prices soar to fresh record highs, captivating investors and analysts worldwide. With escalating trade tensions and a weakening dollar serving as primary catalysts, the yellow metal has demonstrated remarkable resilience and strength, prompting widespread speculation about whether this bullish momentum can sustain itself into the future.
The Current Gold Rush: Understanding the Record-Breaking Performance
Gold's recent surge to new all-time highs represents more than just a temporary market fluctuation; it signals a fundamental shift in global economic sentiment. The precious metal, long considered a safe-haven asset during times of uncertainty, has once again proven its worth as investors seek refuge from mounting geopolitical tensions and currency devaluation concerns.
The current rally builds upon decades of gold's historical performance as a store of value, but the velocity and magnitude of recent gains have surprised even seasoned market veterans. Trading volumes have reached extraordinary levels as both institutional and retail investors scramble to secure positions in what many perceive as an increasingly valuable hedge against economic instability.
Market dynamics have shifted dramatically as traditional investment paradigms face unprecedented challenges. The convergence of multiple economic factors has created what analysts describe as a "perfect storm" for gold appreciation, with technical indicators suggesting that the current momentum may have significant staying power.
Trade Tensions: The Geopolitical Engine Behind Gold's Ascent
Escalating trade tensions between major global economies have emerged as one of the most significant drivers of gold's recent performance. As diplomatic relationships strain and tariff wars intensify, investors are increasingly turning to gold as protection against the economic fallout from deteriorating international trade relationships.
The ripple effects of trade disputes extend far beyond immediate market reactions, creating long-term uncertainty that fundamentally alters investment strategies. Supply chain disruptions, shifting manufacturing bases, and retaliatory measures between trading partners have introduced volatility into traditional asset classes, making gold's stability increasingly attractive.
Historical precedent supports the correlation between trade tensions and gold appreciation. During previous periods of international economic conflict, gold has consistently outperformed other asset classes, serving as a reliable indicator of market stress. The current environment mirrors many characteristics of past trade disputes, but the scale and scope of contemporary tensions suggest potentially more sustained pressure on global markets.
Corporate earnings have begun reflecting the impact of trade uncertainties, with many multinational companies reporting decreased profitability due to increased operational costs and market access restrictions. This corporate stress translates directly into equity market volatility, further reinforcing gold's appeal as a portfolio diversification tool.
Dollar Weakness: Currency Dynamics Fueling Gold's Rise
The weakening dollar has provided substantial tailwinds for gold's recent rally, as the inverse relationship between the world's primary reserve currency and precious metals continues to hold true. Dollar depreciation makes gold more affordable for international buyers while simultaneously reducing the opportunity cost of holding non-yielding assets.
Federal Reserve monetary policy decisions have played a crucial role in dollar weakness, with accommodative policies designed to support economic growth having unintended consequences for currency strength. Lower interest rates reduce the attractiveness of dollar-denominated investments, prompting capital flows toward alternative stores of value like gold.
International central banks have been notable participants in this shift, with many diversifying their foreign exchange reserves away from dollars and toward gold. This institutional buying provides a substantial floor for gold prices while signaling long-term confidence in the metal's value proposition.
Currency market volatility has reached levels not seen since major financial crises, creating an environment where traditional hedging strategies prove inadequate. Gold's role as a currency hedge becomes particularly valuable during periods of extreme volatility, as it maintains purchasing power across different monetary systems.
Expert Analysis: Professional Perspectives on Gold's Future
Leading precious metals analysts remain cautiously optimistic about gold's prospects, though opinions vary regarding the sustainability of current price levels. Many experts point to fundamental supply and demand imbalances that could support higher prices over the medium to long term.
Mining industry challenges have contributed to supply constraints that may persist for years. New gold discoveries have declined significantly, while existing mines face increasing production costs due to deeper extraction requirements and stricter environmental regulations. These supply-side factors create a foundation for price appreciation independent of demand fluctuations.
Investment demand patterns have evolved substantially, with younger demographics showing increased interest in gold exposure through exchange-traded funds and digital platforms. This demographic shift suggests potential for sustained demand growth as these investors mature and accumulate wealth.
Technical analysis reveals strong chart patterns that many experts interpret as indicative of continued upward momentum. Key resistance levels have been decisively broken, and momentum indicators suggest that the current rally may have significant room to run before encountering meaningful technical obstacles.
Market Structure and Institutional Participation
The composition of gold market participants has undergone significant transformation in recent years, with institutional investors playing an increasingly prominent role. Pension funds, endowments, and sovereign wealth funds have allocated substantial resources to gold exposure, providing stability and reducing volatility compared to retail-dominated markets.
Derivatives markets have expanded dramatically, offering sophisticated investors numerous ways to gain gold exposure while managing risk. Options activity has reached record levels, with both speculative and hedging strategies contributing to increased market depth and liquidity.
Exchange-traded funds focused on gold have experienced massive inflows, representing one of the most accessible ways for investors to participate in gold's appreciation. These vehicles have democratized gold investment while providing transparency and liquidity that traditional physical ownership cannot match.
Central bank policies beyond the United States have also influenced gold markets, with European and Asian monetary authorities implementing strategies that indirectly support precious metals prices. Coordinated global monetary expansion has created conditions favorable to hard asset appreciation.
Economic Fundamentals Supporting Gold
Inflation expectations have begun rising in many developed economies, creating conditions historically favorable to gold appreciation. While inflation rates remain relatively subdued, forward-looking indicators suggest potential for significant price pressures in coming years.
Debt levels across both public and private sectors have reached unprecedented heights, raising questions about long-term fiscal sustainability. Gold serves as a hedge against potential debt crises and currency devaluations that could result from unsustainable borrowing practices.
Real interest rates, calculated as nominal rates minus inflation expectations, have turned negative in many jurisdictions. This environment reduces the opportunity cost of holding gold while making yield-bearing alternatives less attractive on an inflation-adjusted basis.
Global economic growth concerns have intensified, with many indicators suggesting potential recession risks. Historical data demonstrates gold's tendency to outperform during economic downturns, making current positioning particularly attractive for risk-averse investors.
Risks and Challenges Facing Gold's Bull Run
Despite strong fundamentals supporting higher gold prices, several factors could potentially derail the current rally. Sudden improvements in trade relationships could reduce safe-haven demand, while unexpected dollar strength might pressure gold prices lower.
Cryptocurrency adoption continues expanding, with some investors viewing digital assets as modern alternatives to traditional safe havens like gold. This technological disruption could potentially reduce gold's relevance for younger investors seeking portfolio diversification.
Central bank policy reversals remain a constant threat to gold's momentum. Should major monetary authorities shift toward more hawkish policies, resulting interest rate increases could make yield-bearing assets more attractive relative to gold.
Market positioning has become increasingly crowded, with speculative positions reaching levels that historically precede corrective pullbacks. While fundamentals remain supportive, technical factors suggest vulnerability to profit-taking activities.
Looking Ahead: Future Prospects for Gold
The convergence of multiple supportive factors suggests that gold's bull market may have significant longevity, though volatility should be expected along the way. Structural changes in global monetary systems, persistent geopolitical tensions, and evolving investor preferences all point toward sustained demand for precious metals exposure.
Long-term demographic trends favor gold appreciation, as emerging market wealth accumulation traditionally includes substantial precious metals allocations. Growing middle classes in Asia and other developing regions represent vast potential demand that could support higher prices for decades.
Environmental and social governance considerations are beginning to influence mining operations, potentially constraining future supply growth while supporting premium pricing for responsibly sourced gold. These factors add another dimension to gold's investment thesis beyond traditional monetary considerations.
The yellow metal's record-breaking performance appears to reflect genuine fundamental changes rather than speculative excess, suggesting that new highs may indeed be achievable. While short-term volatility remains inevitable, the underlying conditions supporting gold's appreciation show little sign of abating, making a compelling case for continued strength in the precious metals complex.
As global economic uncertainty persists and traditional investment paradigms face mounting challenges, gold's role as a portfolio cornerstone seems likely to expand rather than diminish, potentially driving prices to levels previously thought impossible.
The gold bullish trend remains unchanged; trade with the trend.Under the influence of factors including geopolitics and expectations of the Federal Reserve's interest rate hikes, the price of gold dipped slightly today before surging sharply, with the intraday high reaching around the 3490 level.
From a technical perspective, the 1-hour K-line chart of gold maintains the bullish arrangement pattern with a golden cross trending upward. The 5-day moving average, 10-day moving average, and 20-day moving average show a stepped upward movement, and the bullish momentum is overwhelming. After breaking through the previous consolidation range, there is a possibility that the price will further open up upward space at any time. In line with the short-term trading logic that "a strong trend sees no correction, while a correction indicates a lack of strength", the current gold price is in a clear upward trend, and the probability of a deep correction in the short term is relatively low. If the correction range exceeds expectations, it will not only weaken the market's confidence in going long but also may lead to a phased decline in bullish momentum.
Looking at the 4-hour timeframe, the middle band of the Bollinger Bands has not yet completed synchronous correction. As the gold price continues to rise, the middle band is expected to gradually move upward to align with the current trend. In terms of operation, we should follow the trend and deploy long positions in batches after the price retraces to the support level of the 4-hour timeframe.
Go long after gold fluctuates and pulls back#XAUUSD
Against the backdrop of the "de-dollarization" trend, gold's position as the preferred safe-haven asset has gradually become more prominent.🌈
Influenced again by news this morning, gold retreated slightly before continuing its short-term bullish trend.📈 The current gold price is consolidating around 3375, with bulls dominating the day.📊
All short-term technical indicators are overbought, and there is a need for a technical correction. The short-term upward pressure is focused on the 3490-3500 range.🥅 However, it is worth noting that the U.S. market is closed today and there is a lack of sufficient capital flow during the NY session. ⚖️If the upper resistance cannot be effectively broken through in the Asian and European sessions, there is a possibility of a shock correction during the day.📉
It encountered resistance and pressure on the upper 3490-3500 level for the first time during the day. 📉You can consider shorting with a light position and wait for a pullback.🐻 Focus on the effectiveness of the support level of 3355-3345 below. You can go long if it retraces but does not break through.🐂
This week's data is relatively concentrated, and interest rate cuts may trigger unilateral market trends at any time. Independent traders must trade with caution, strictly follow the plan, and avoid the uncontrollable risks brought about by frequent trading.📰
Gold has surged powerfully past 3400.Gold has risen as expected and has now broken through 3400, with the highest reaching 3408, which is just a hair's breadth away from our take-profit level of 3410. From the hourly chart perspective, the low points are gradually moving upward. We can exit once there's a volume-driven rally. Recently, focus on going long on pullbacks when trading; avoid trading against the trend.
Gold rose as expected; buy on the pullback.The recent movement in the gold market has fully aligned with our earlier bullish expectations. Particularly over the past two trading sessions, we consistently implemented a strategy of buying on dips around key support levels—starting from the $3,350 initial rise point, to the secondary pullback at $3,361, and finally yesterday’s trendline support. Each entry accurately captured the market’s rhythm, ultimately yielding substantial profits.
From a technical perspective, although the gold price faced brief resistance in the $3,396–$3,400 range during the day, leading to a minor pullback, both technical and trend logic suggest a high probability of this resistance being broken. On the one hand, gold has successfully broken out of the previous triangular consolidation pattern on the daily chart, completing a full "breakout–pullback–confirmation" structure. Yesterday’s price action, which saw a pullback precisely to the trendline support level followed by a swift rebound, further validated the effectiveness of this trendline and laid a solid foundation for further upside. On the other hand, the breakout from the triangular pattern was accompanied by a moderate increase in trading volume, indicating clear willingness among bullish investors to enter the market. The short-term pullback is more likely a digestion of profits and a consolidation of bullish momentum rather than a signal of trend reversal.
Based on this analysis, the intraday trading strategy remains focused on buying on dips, with particular attention to entry opportunities after pullbacks. If the gold price retraces to the $3,384–$3,386 range , this area should be considered a key entry level—a classic case of "resistance turned support" (as this range previously acted as short-term resistance but has now transformed into valid support following the breakout). Long positions can be initiated at this level. For risk management, set a strict stop-loss below $3,377, as this level not only marks the lower boundary of yesterday’s trendline support but also serves as a sh ort-term bull-bear dividing line. A break below this point would indicate insufficient upward momentum, warranting timely risk avoidance. In terms of targets, the first take-profit level is set at $3,410, which represents the upper boundary of the previous consolidation platform and carries certain resistance. If the price breaks above $3,410 with supporting volume, the second take-profit level at $3,420 comes into play, potentially opening the door for further upward movement. Throughout the trading process, close attention should be paid to the breakthrough of the $3,396–$3,400 resistance range. If an early breakout occurs with increased volume, consider adding positions to capitalize on the trend’s continuation.
Gold Price Analysis August 27Gold is seeing some selling pressure in early Tokyo trading. Looking towards key support areas for today's BUY trading strategy. 3371 and 3357 continue to be in focus for today's BUY strategies looking towards 3400 and higher.
BUY GOLD 3371 Stoploss 3365
BUY GOLD 3359 Stoploss 3353
Long orders make big profits, can gold stand above 3400?After a brief pullback adjustment earlier, the bullish momentum in the gold market has regained strength. Currently, the gold price has successfully broken through to the $3,382 per ounce level. It has not only firmly stood above the previous resistance range of $3,378-$3,380 but also continued the rebound trend that started from $3,350, with the price action showing a strong characteristic of steady upward movement.
For those who have already followed the strategy to enter long positions at key support levels (such as around $3,350 and $3,361), it is advisable to adopt a "profit-taking and position reduction" strategy at this point: it is recommended to partially close the positions first (for example, reducing 30%-50% of the positions). On one hand, this can lock in the profits already gained (the single-wave profit has exceeded $30 since the rally started from $3,350), avoiding profit retracement caused by a subsequent market pullback. On the other hand, keeping the remaining positions allows for continued participation in the pursuit of higher targets, balancing the stability of returns and the potential for further upside.
The target for the remaining positions can focus on the key psychological level of $3,400 per ounce. This level is not only an important resistance level that the market has tested multiple times in the past but also a core psychological threshold for this round of rebound. If it can break through with strong volume, it will further open up upward space, and there is a possibility of moving towards the $3,420-$3,430 range. However, it should be noted that during the gold price's assault on $3,400, close attention must be paid to changes in trading volume and market sentiment: if the bullish momentum weakens when approaching the resistance level (such as the appearance of long upper wicks on candlesticks or shrinking trading volume), further position reduction can be considered; if the breakthrough is accompanied by increased volume, the remaining positions can be held continuously to capture profits from the continued trend.
The gold bulls are strong; keep going long on pullbacks!Over the past two trading days, the global financial market has been roiled by a spate of risk events—ranging from sudden tensions in geopolitical situations, unexpected fluctuations in economic data of major economies, to unforeseen adjustments in industrial policies. The convergence of multiple uncertainties has significantly boosted market risk-aversion sentiment. Against this backdrop, gold, as a traditional safe-haven asset, has seen a marked increase in appeal, with bullish momentum continuing to build up, and the gold price has once again launched an assault on the key resistance zone of $3,400 per ounce.
For buyers firmly bullish on gold, such an attempt to break through is actually an inevitable outcome driven by the combined effects of market sentiment and capital flows. On one hand, the risk-aversion demand triggered by risk events has continuously injected momentum into the bulls; on the other hand, after the gold price formed a solid support around $3,350 earlier, a large amount of waiting funds began to enter the market for positioning, further strengthening the upward expectation. However, it is important to note that the current gold price is still in the critical "top-bottom conversion zone" of $3,350—a level that was once a resistance suppressing the gold price's upward movement in the past, and has successfully transformed into a support after being broken through. The market performance yesterday further confirmed the importance of this level: after testing the support at $3,350, the gold price did not pull back, but instead directly surged sharply, with the increase exceeding $35 within just a few hours.
In fact, the long opportunity around $3,350 has been repeatedly emphasized before based on the following logic: technically, this level is the upper edge of the previous consolidation platform and coincides with the support of multiple short-term moving averages, providing sufficient support strength; from the perspective of capital flow, the level has been tested multiple times without breaking below, indicating that a large number of buy orders are lurking here. Therefore, as long as you paid attention to and followed this strategy at that time, you would have firmly secured this substantial profit of over $35!
Looking at the hourly chart of the short-term cycle, a large bullish candle with a full entity yesterday directly pushed the gold price up from around $3,350. This not only broke through the previous consolidation range but also brought the short-term trend back under the absolute control of the bulls. For today's trading, $3,350 is undoubtedly the core starting point of the market rally. However, it is particularly important to note that the long entry point for the second pullback should no longer be fixed at $3,350—because if the gold price falls back to this starting point again, it will mean that the strong upward momentum in the early stage has significantly weakened, and the short-term trend may shift from "strong upward movement" to "weak consolidation". At that time, going long at the original level will lead to a significant increase in risk.
After sorting out the capital flow and K-line pattern on the hourly chart, the key long entry point for the second pullback should focus on the pullback concentration area, which is around $3,361. From a technical perspective, this level is not only the stabilization area of the first pullback after yesterday's sharp rise but also the concentrated entry point of short-term bullish funds, with strong support effectiveness. Therefore, if the gold price can pull back to around $3,361 today and show stabilization signals (such as a small bullish candle closing, a bottom divergence in the MACD indicator, etc.), you can continue to attempt to open long positions and seize the subsequent upward opportunities.
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How to operate in a volatile pattern?What type of market is the most challenging to trade?
It’s when you clearly see prices rising or falling, yet you can’t summon the courage to follow the trend. Nothing changes except a sigh of regret. No matter how the market moves, there’s always a reason holding you back. With so many trading strategies out there, which one is truly suited to your investment style?
Instead of lamenting the unpredictability of trading, why not learn how my seasoned analysis cuts through hesitation and captures profits within market fluctuations with precise entry points?
Gold has found solid support around $3,350. Powell’s dovish signals helped form a clear short-term low on Friday. For the rebound to continue, we will need softer PCE inflation data and weaker employment figures in the coming days.
The market has been oscillating throughout the day with limited opportunities. Focus on resistance near 3378-80 and support around 3350-53. Trading within this range using high-altitude shorts and low-altitude longs is recommended.
What type of market is the most challenging to trade?
It’s when you clearly see prices rising or falling, yet you can’t summon the courage to follow the trend. Nothing changes except a sigh of regret. No matter how the market moves, there’s always a reason holding you back. With so many trading strategies out there, which one is truly suited to your investment style?
Instead of lamenting the unpredictability of trading, why not learn how my seasoned analysis cuts through hesitation and captures profits within market fluctuations with precise entry points?
Gold has found solid support around $3,350. Powell’s dovish signals helped form a clear short-term low on Friday. For the rebound to continue, we will need softer PCE inflation data and weaker employment figures in the coming days.
The market has been oscillating throughout the day with limited opportunities. Focus on resistance near 3378-80 and support around 3350-53. Trading within this range using high-altitude shorts and low-altitude longs is recommended.
XAUUSD/SELLAfter the release of the Federal Reserve minutes yesterday, gold prices rose to 3352 but didn't rise further. The minutes mentioned several key points, namely inflation and unemployment. Overall, the unemployment rate is more important than the inflation rate. Meanwhile, the renewed talks between Russia and Ukraine seemed uneventful, and the meeting went smoothly. As a result, gold prices fell again after the Asian market opened.
The current price is 3337, down approximately $15/ounce from 3352, indicating that upward pressure remains. During this pullback, we need to watch whether the decline can be halted around 3330-3335. If not, we need to wait for a lower level, around 3310. Today is Thursday. Focus on the impact of the initial jobless claims data on gold prices.
For trading, you can still refer to the current selling strategy. While waiting for a decline, confirm the presence of support below. Currently, there is no major news to boost gold prices. Remember to manage your trading risk. Set take-profit and stop-loss orders to prevent extreme market fluctuations from adversely affecting your account.
XAUUSD/BUYSure enough, gold prices rebounded after retreating to 3338, resulting in a short-term price increase of $8 per ounce.
The gold market is awaiting news to drive a rally. Just now, when it was about to hit 3350, it retreated. I interpret this as a tentative rise, as bulls are currently in control. This test is merely a test to see if bears will launch a counterattack. As expected, the bull-bear game is a tug-of-war. Both bulls and bears are now vying for the crucial 3345 level. This level serves as a short-term reversal point for the month. If bulls seize this level, the market will continue to rise. If bears seize this level, the market will experience short-term downward fluctuations.
In the latter half of the New York market, I believe the market will fluctuate within a range of approximately $10. The Swing Trading Center recommends continuing to buy.
XAUUSD/BUYAfter the New York market opened, the gold price hit 3350 before retreating. This indeed reached the profit target set by the swing trading center. The current price has retreated to 3342, but the decline has not continued. This is because the previous resistance level of 3345 has formed a certain support level after breaking through this level and then retreating. In short, the short-term focus should be on whether the 3340-3345 range stabilizes. If so, gold prices may rise again after the upcoming Federal Reserve news.
XAU/USD/ Bearish Trend Read The captionSMC Trading point update
Technical analysis of analysis Gold (XAU/USD), 2H timeframe:
Trend Context: Price is moving inside a descending channel, showing continued bearish pressure.
Key Resistance Zone: The yellow highlighted area around $3,340 – $3,347 is acting as a supply zone / resistance, aligned with the 200 EMA, reinforcing bearish bias.
Rejection Signals: Multiple rejections (red arrows) confirm sellers are defending this zone.
Bearish Setup: Price is expected to reject from resistance and continue lower within the channel.
Target Point: The projection suggests a decline towards $3,302, aligning with previous swing levels and channel support.
RSI: Currently mid-level (~51), showing no strong momentum shift yet, but still leaves room for downside pressure.
Mr SMC Trading point
Summary Idea:
Gold is respecting the bearish channel and supply zone. As long as price stays below $3,347, the setup favors a bearish continuation targeting $3,302.
Please support boost 🚀 this analysis)
The dividing line 3330-3340 is not broken and rebounds to short#XAUUSD
After repeated fluctuations in the white session last night, gold fell below 3320 in the NY session and closed with weak fluctuations. 📊This morning, gold hit a low near 3311,📉 which aligns with our short-term outlook.✅
Judging from the monthly chart, the decline of gold in recent weeks has not been smooth, and each time it has been accompanied by a relatively strong rebound. 📈Today, there is a rebound near the 3311 line below. This point deserves our attention.👀 Previously, NFP achieved a big rise after breaking through here.🚀 At the same time, this point is also the area of the daily 100-day moving average.🐂
The first time it hits this point, it is bound to usher in a bullish resistance, and this is indeed the case.⚖️ Once it falls below this point, the next step will be the 3300 integer mark, 🥅and it may even hit the previous low, which is also the lower track of the daily line around 3280.↘️
Although the current market is relatively strong in short-term selling, we should not be overly bearish in the short term.↘️ After all, the impact of the news has not completely dissipated. The Federal Reserve will also release the meeting minutes in the evening NY session, 📰so we still need to be vigilant that the bulls may counterattack at any time.📈
In the short term, pay attention to the upper 3330-3340 bull-bear dividing line. If you encounter resistance and pressure in this range, you can consider shorting in batches with light positions, looking towards 3315-3300, and defending 3345. If the rebound effectively breaks through 3345, gold may fluctuate again.📊
🚀 SELL 3330-3340
🚀 TP 3315-3300