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Perfectly grasp the rhythm of gold trading.Gold has maintained a strong upward squeeze this week, steadily climbing and breaking new highs. Currently, we are watching the 4145-4150 level as short-term resistance. A pullback and consolidation are needed to break through this level. The moving average system shows a bearish divergence, and the price has stalled at higher levels, failing to break through. There are currently no good entry points. Although the market outlook is bullish, we should wait for a pullback to the 4125-4110 area before considering long positions. The technical indicators need correction, so chasing the upward trend is not advisable. We should patiently wait for a pullback before looking for opportunities to go long!
OANDA:XAUUSDLong
by Daniel_PrimeFX
LiamTrading – XAUUSD H2 | A corrective move may occur todayLiamTrading – XAUUSD H2 | A corrective move may occur today Follow Liquidity 4090, FVG 4053–4069 & VAH ~4025 Quick note: Gold remains in an uptrend but shows signs of stalling at the upper boundary of the ascending channel. Amid the backdrop of potential USD fluctuations as the US nears reopening, a technical correction towards liquidity zones is a scenario to prepare for. Technical Analysis Trendline/Price Channel: Price is moving within an ascending channel; the channel top at 4130–4140 is prone to profit-taking/stalling. Liquidity: 4085–4092 – a price pull/volume attraction point before choosing the next direction. FVG #1: 4053–4069 – a price gap with a probability of filling and reversing. VAH (Volume Profile): 4023–4028 – volume value peak; strong confluence support in case of a deep correction. POC: ~3985–3990 – a magnetic point if the market weakens more than expected. Resistance: 4135–4140 (near channel top + short-term offer), further out 4166 (Fibo/channel top extension). Fibonacci: The latest upward wave shows the expansion area around 4135–4166 as a “liquidity pocket” – suitable for scalp sell upon clear rejection; retracement levels 0.382–0.5 converge around 406x–402x, aligning with FVG & VAH → preferred buy point if price corrects. Trading Scenarios Buy shallow pullback (trend-following) Entry: 4083–4085 SL: 4077 TP: 4098 → 4112 → 4140 → 4166 Note: Requires rejection/candle wick at Liquidity 4090; move SL to breakeven at +1R. Buy deep at VAH/Volume Profile Entry: 4025–4028 SL: 4020 TP: 4040 → 4065 → 4100 → 4112 Note: Prioritize when FVG 4053–4069 fills and reverses; exercise caution with volume. Sell scalp at channel resistance (counter-trend) Entry: 4135–4140 SL: 4148 TP: 4122 → 4105 → 4090 Note: This is a scalp trade; abandon if H1/H2 closes strongly above 4140. H1/H2 closes below 4077 → risk of testing 4053–4069; further breach of 4020 may drag to POC ~3990. Each trade risks 0.5–1%, do not average down against the trend; adhere to Dow (enter only upon confirmed support/resistance break on entry timeframe). What level are you watching for gold today? Comment below & hit Follow on LiamTrading channel for the fastest updates.
OANDA:XAUUSDLong
by LiamTradingFX
Right now, I've discovered another market opportunity.We publicly pointed out that we should pay close attention to the resistance in the 4100-4120 range. After encountering resistance, a pullback was expected. The market trend was largely in line with our expectations, with the lowest point reaching around 4074. We were very satisfied with the substantial profit we achieved. There was indeed some upward movement during the day. This week, we need to focus on the news: Although the market continued its strong performance at the beginning of the week, it was easy to create the illusion that a "sharp rise was about to happen". However, the government shutdown is now in its final countdown, so we need to be wary of potential risks. Once the shutdown ends, the market may see a significant pullback. Since relevant news has already released signals, we should remain rational about the recent rise and not blindly follow the trend. There is always something fishy going on, so it is better to be cautious. For more detailed instructions, please refer to the notification at the bottom. From a technical perspective, gold has repeatedly faced resistance near 4110 after breaking through 4100. It is severely overbought in the short term and shows signs of a potential top. I personally do not recommend continuing to buy at this high level to avoid a sharp drop, which is a common market shakeout pattern. Therefore, my strategy remains to prioritize short-term shorting. From the current structure, 4100 has not truly stabilized. Do not blindly and aggressively chase the upward trend. Focus on short-term adjustments and seize opportunities to trade within the time frame. Short positions can be initiated in the 4100-4120 range, with a target of 10-40 USD. The key support level to watch is 4050-4030, which can be considered as a range for buying on dips and medium- to long-term positions. It is best to remain on the sidelines and not participate in positions in the middle range. The 4100-4120 range remains a key focus for short-term bears. Market trends don't only rise or only fall. If you grasp the opportunities well, every phase can be a chance. Generally speaking, don't blindly chase the rise when you're bullish. Flexibly manage the rhythm of primarily long positions and secondarily short positions, and follow the trend to achieve steady success.
OANDA:XAUUSDShort
by Daniel_PrimeFX
XAUUSD – PRIORITIZE BUYING ON TUESDAY💛 XAUUSD – PRIORITIZE BUYING ON TUESDAY 🎯 🌤 Overview Hello everyone 💬 Gold continues its upward momentum in the first two days of the week, supported by cash distribution policies for low-income individuals and the reopening actions by the U.S. government under President Trump. These factors are putting downward pressure on the USD, helping gold maintain its short-term upward trend. 💹 Technical Analysis 🟣 Currently, the price is touching the VAH zone according to the Volume Profile and showing a slight reaction – however, the support trendline around 4110–4113 remains an ideal buying zone to continue following the trend. 🔹 The 4200–4203 zone (Fibonacci Extension 2.618) coincides with strong resistance on H4, likely to see a short adjustment reaction before continuing to expand to the 43xx zone. 🎯 Trading Plan Reference 💖 BUY Scenario (priority following the trend) Entry: 4110–4113 ｜ SL: 4106 TP: 4132 – 4150 – 4175 – 4200 – 4250 💢 SELL Scenario (short-term reaction) Entry: 4200–4203 ｜ SL: 4207 TP: 4188 – 4165 – 4148 ⚠️ Important Notes Prioritize buying according to the main upward trend, especially when the price reacts at the H4 trendline. Sell orders are only for short-term reactions, need to take profit early when reaching the first TP. USD volatility remains a key factor to closely monitor this week. 🌷 Conclusion The upward trend of gold is still maintained 💛 Be patient to wait for the price to react at the 4110–4113 zone to buy according to the trend, and take advantage of pullbacks at resistance to manage orders effectively. If you find it useful, don't forget to 💛 like – 💬 comment – 🔔 follow LanaM2 to update your daily gold insights ✨
OANDA:XAUUSDLong
by Lana_M2
The gold price trend is clear; opportunities lie in the timing!At the start of the week, the gold price chose a clear upward direction, breaking through key resistance levels at 4030 and 4050, reaching a high near 4095. From the overall trend structure, the bullish momentum remains strong, and the short-term trend is still robust. However, the upside potential is gradually being limited. The biggest mistake in trend trading is chasing emotions. I personally prefer to focus on resistance signals in the 4100-4120 area. If signs of resistance appear, consider shorting at higher levels. If the price retraces to the 4050-4030 area and stabilizes, that would be a more stable entry point for long positions. After the breakout, the pace accelerates. The key now lies in entry points and execution. Avoid chasing highs and blindly shorting; steadily follow the rhythm and wait for market confirmation. True stability lies not in prediction, but in the unity of execution and rhythm.
OANDA:XAUUSDShort
by Daniel_PrimeFX
XAUUSD – PRICE STRUCTURE UPDATE: MAINTAINING THE TRADING...💛 XAUUSD – PRICE STRUCTURE UPDATE: MAINTAINING THE TRADING SCENARIO 🎯 🌤 Overview Hello everyone 💬 The price structure of gold is still on track as per the previous scenario — those who bought according to the earlier plan might have already profited and should continue to hold their position. The price in the early Asian session has risen steadily, breaking through the 4021 area, confirming a short-term uptrend and aiming to retest the upper edge of the H4 price channel. This is a positive signal before the market might enter a deeper correction in the mid-week sessions. In terms of news, the latest statement from US President Trump indicates that the government shutdown might soon end — this is a factor that could cause significant USD volatility, thereby having a short-term impact on gold prices. 💹 Technical Analysis 📈 On the H4 timeframe, the price remains within the medium-term uptrend channel, maintaining the structure of “higher lows.” 🟣 The break of the 4021 area confirms that bullish momentum is prevailing, and the Sell Zone Liquidity area of 4090–4100 continues to be a short-term target for retesting. 🔹 After reaching this area, a correction is expected towards the 3920 – 3785 area (Buy Zone Fibonacci) – where buyers might return strongly. 💫 The current price signal perfectly aligns with the previous technical scenario, with no need to change the trading plan. 🎯 Reference Trading Plan 💢 SELL Scenario (short-term) Entry: 4098–4102 ｜ SL: 4112 TP: 4078 – 4025 – 3998 – 3920 – 3875 – 3785 💖 BUY Scenario (long-term strategy) Entry: 3785–3789 ｜ SL: 3777 TP: 3810 – 3865 – 3925 – 3988 🌷 Conclusion Gold prices are moving exactly as predicted by the structure 💛 Be patient, stay disciplined, and stick to the key price areas – this is the time when persistence will provide the greatest advantage.
OANDA:XAUUSDLong
by Lana_M2
1
LiamTrading – XAUUSD H2 | USD strengthens again, gold ...LiamTrading – XAUUSD H2 | USD strengthens again, gold consolidates in an upward channel; waiting for a correction to 4090/4041 – breaking 4145 confirms further rise Quick Context: USD recovery causes gold to move sideways during the Asian session. Prices are moving within an upward channel, touching the upper trendline and reacting around 4100, without forming a lower low. To confirm the continuation of the upward momentum, 4145 needs to be broken; otherwise, prioritize the technical correction scenario to liquidity zones. Technical Analysis (Volume Profile • Trendline • S/R • Fibonacci) Channel & Trendline: Channel top coincides with 4135–4145 → likely to see profit-taking pressure. Maintaining the lower edge of the channel ~4085–4090 keeps the upward structure valid. Liquidity & FVG: Liquidity 4090: price pull/volume attraction zone before choosing a direction. Fibonacci Retracement + old resistance ~4041–4043: strong confluence for a bounce if a deep correction occurs. Main Resistance: 4130–4135 (retest channel top), 4145 (pivot confirming rise), 4200 (sell scalp area if clear rejection appears). Main Support: 4084–4086 (channel edge/liq), 4041–4043 (Fib + S/R), deeper 4020 is a defensive level for buyers. Trading Scenarios (optimized for mobile reading) Scenario 1 – Buy shallow pullback (trend-following priority) Entry: 4084–4086 SL: 4078 TP: 4098 → 4112 → 4135 → 4160 Suggestion: Wait for a rejection candle at 4090 or an M15 reversal signal before executing. Scenario 2 – Buy deep (Fib + S/R) Entry: 4041–4043 SL: 4036 TP: 4056 → 4072 → 4095 → 4120 Suggestion: Prioritize when price fills the gap and leaves a clear lower wick. Scenario 3 – Sell scalp at resistance (counter-trend) Entry: 4130–4132 SL: 4138 TP: 4112 → 4100 → 4088 → 4060 Note: Only quick scalps; abandon if H1/H2 closes strongly above 4145. Bonus – Sell scalp 4200 Condition: Clear rejection appears on smaller frames. SL: above the nearest new peak. Reference TP: 4185 → 4166 → 4145. Risk Management & Invalidation Short-term bullish bias remains valid when price holds above 4085–4090. H2 closes above 4145 → prioritize buying on breakout, limit all sell orders. H2 closes below 4036 → risk of deeper test around 4020. Risk per trade 0.5–1%, move SL to breakeven at +1R, do not average down against the trend. Which price zone do you find noteworthy today? Comment below & hit Follow on LiamTrading channel for the earliest updates.
OANDA:XAUUSDShort
by LiamTradingFX
XAUUSD – PRIORITIZE BUYING ON PRICE CORRECTION💛 XAUUSD – PRIORITIZE BUYING ON PRICE CORRECTION 🎯 🌤Overview Good morning traders 💬 Gold is experiencing a slight correction after hitting resistance at the VAH area on the Volume Profile. This is a natural reaction in the current uptrend. The price observation area for today's correction is around the H4 trendline at 4078, deeper is the VAH area at 4020, where there is good liquidity for buyers. Although there is a possibility of short-term correction, the main trend remains upward. Therefore, I prioritize waiting to Buy at the support area, rather than entering against the trend. 💹 Technical Analysis (ICT Perspective) 📈 The price is maintaining a medium-term uptrend structure, with no reversal signals yet. 🟣 The 4075–4078 area coincides with the trendline + liquidity zone – a potential buying area for short orders. 🔹 VAH around 4020 is a strong support, suitable for long-term Buy if the price corrects deeply. 💫 The 4200–4203 area remains a major resistance (Sell Zone) – expect a downward reaction when the price approaches. 🎯 Reference Trading Plan 💖 Buy scalping (short-term) Entry: 4075–4078 ｜ SL: 4070 TP: 4095 – 4105 💖 Buy zone (main priority) Entry: 4018–4021 ｜ SL: 4011 TP: 4035 – 4042 – 4075 – 4095 💢 Sell zone (short reaction) Entry: 4200–4203 ｜ SL: 4210 TP: 4186 – 4165 – 4140 💢 Sell scalping (short-term) Entry: 4122–4124 ｜ SL: 4130 TP: 4105 – 4086 – 4060 – 4040 ⚠️ Important Note The 4048 area is strong resistance – closely observe price reactions here. Prioritize Buy according to the main trend, Sell should only be considered as a short-term reaction. 🌷Be patient and wait for the price to correct to the support area to buy according to Smart Money flow. If you find this useful, please 💛 like – 💬 comment – 🔔 follow LanaM2 for daily gold insights ✨
OANDA:XAUUSDLong
by Lana_M2
Continue to buy gold after the correction!Gold opened on Monday and immediately began its upward trend, relying on the short-term moving average. It broke through two key resistance levels in succession, soaring once again. The daily chart showed a large bullish candle, breaking through the 4100 psychological level again, forming a strong upward spike and raising expectations for further gains. The weekly chart also broke through the short-term moving average again. Judging from the current pattern, the strength formed after the continuous upward movement is likely to continue strongly. Although there was a slight pullback during the US session, it ultimately continued its rapid upward climb. For now, we remain bullish on the gold market. The key resistance level remains around 4150, which will be the first target in the near term. The support level remains around 4110-4100, which is also one of the first pullback correction points for the bulls in the short term. If gold pulls back to around 4115-4100 during the day, we suggest going long on gold, with a target of around 4130-4150.
OANDA:XAUUSDLong
by Daniel_PrimeFX
StevenTrading – XAUUSD through Elliott's Perspective | Stick...⚡️ StevenTrading – XAUUSD through Elliott's Perspective | Stick to the trend, wait for a precise retest Hello Trader 👋 📰 Fundamental Analysis The White House indicates that October's CPI may not be released on time due to the shutdown impact; a series of data (NFP, CPI 10–11) remain uncertain in timing. As a result, the market reduces risk appetite, safe-haven flows keep gold steady, but thin liquidity → prone to two-way swings. → This week, prioritize the main trend which is up, but wait for a retest before entering trades. 📊 Technical (H3/H4) – Elliott & S/R, Trendline Elliott: Wave 5 up has hit resistance 4,150–4,162 and shows signs of an ABC correction. Key level: 4,075 (support box – point A on the chart). Staying above here, the upward structure remains. The H4 uptrend line still supports the price, deeper areas around 4,040–4,043 are potential “point C” if a strong correction occurs. Important zones: Resistance: 4,150 – 4,162 – 4,185 Support: 4,108 – 4,076 – 4,063 – 3,986 🎯 Trading Scenario (reference) 🟢 Buy following the trend (priority) Buy #1: 4,076–4,078 · SL 4,070 · TP 4,088 → 4,102 → 4,125 → 4,140 Logic: Retest Key 4,075 + maintain trendline ⇒ bounce with the main trend. Buy #2: 4,040–4,043 · SL 4,036 · TP 4,060 → 4,075 → 4,094 → 4,125 Logic: “Point C” of the ABC wave + lower trendline edge; buy in high liquidity zone. 🔴 Reactive Sell (short scalp) Sell zone: 4,121–4,124 (branch B of ABC) · SL 4,128 · TP 4,110 → 4,098 Note: Only enter when M15–M30 shows clear rejection (pin/engulf, false break). Do not hold overnight. ⚠️ Risk & Invalidation Invalidation of buy setup: H4 candle closes below 4,063 (losing mid-support) or deeper < 3,986 → pause longs, wait for a new structure. Invalidation of sell setup: H4 closes above 4,162 (clearly surpassing resistance), especially holding above 4,150 after retest → stop selling, switch to waiting for a pullback to buy. Risk management: maximum 1%/trade; do not chase prices in between zones, prioritize orders in identified zones. Wishing you successful trading.
OANDA:XAUUSDLong
by Steven-GoldTrading
StevenTrading – XAUUSD continues to follow the bullish scenario⚡️ StevenTrading – XAUUSD continues to follow the bullish scenario Hello Trader 📰 Fundamental Analysis Gold prices opened higher in Europe as concerns about the U.S. economic health boosted safe-haven demand. The Senate reached a temporary agreement to end the government shutdown, reducing systemic risk but not eliminating defensive cash flows. → This week's bias remains upward, prioritizing trades in line with the main trend. 📊 Technical Breakout confirmed: the 4.035 zone has been clearly broken, prices closed above and are forming a retest of the 4.035–4.045 box. The H4 uptrend line holds firm, acting as a “support base” for the continuation scenario. Key areas: Support: 4.035–4.045 (retest box), 4.006–4.010 (secondary support along the trendline). Resistance: 4.077–4.100 (near supply), 4.150 (resistance/candlestick & psychological), 4.225–4.292 (higher resistance). 🎯 Trading Scenario (for reference) 🟢 Buy with the trend – prioritize when retest holds firm Entry: 4.043–4.045 SL: 4.039 TP: 4.077 → 4.100 → 4.150 → 4.225 Logic: Pullback to the 4.035–4.045 box + holding above the trendline ⇒ continuation to upper supply zones. Customization: if the market retests deeply to 4.035–4.038, only consider entry when M30 shows a clear rejection signal (pin bar/engulf) and volume supports. 🔴 Reactive sell – only short scalp at resistance Zone: 4.150 SL: 4.156 TP: 4.125 → 4.100 Note: Only enter with clear rejection on M15–M30; do not hold overnight when the major trend still supports an increase. ⚠️ Risk & Invalidation Invalidation of buy setup: H4 candle closes below 4.035 (losing retest box); especially below 4.006 (breaking secondary support/trendline) ⇒ pause long, wait for new structure. Invalidation of sell scalp setup: H4 closes above 4.156/holds 4.150 ⇒ stop selling, wait for pullback to buy. Risk management: ≤ 1%/trade; enter/exit according to plan, do not chase prices within the zone. — This article reflects the personal views of StevenTrading. If you find it useful, please Like & Comment so I can update the plan daily.
OANDA:XAUUSDLong
by Steven-GoldTrading
LiamTrading – XAUUSD | Early Week Bullish Scenario...LiamTrading – XAUUSD | Early Week Bullish Scenario: Successful Breakout, Awaiting Retest at 4056 & Deep Buy at 3998–4000 The price has just broken out of the accumulation box and accelerated as per the weekend scenario. Bullish bias for the day, with a near-term target of 4080 → 4110; the 4110–4112 zone is a suitable psychological resistance for scalping. Prioritize buying at the 4056 retest or deep buying at 3998–4000 after a liquidity sweep and rebound. The U.S. Senate takes further procedural steps to end the shutdown. Systemic risk expectations cool down → pressure on USD decreases, supporting gold in the short term. The process has a few steps left, volatility around news hours can be sharp → adhere to technicals, manage risks tightly. Technical Analysis (H1/H2) – Volume Profile • Trendline • S/R • Fibonacci Structure & Trendline: Breakout upwards, trend-following capital dominates. Short-term uptrend as long as price holds above 4056 (retest point of breakout zone). Support/Resistance (S/R): Support: 4056 (retest), 4025–4038 (FVG filling liquidity), 3998–4000 (Buy Zone Liquidity). Resistance: 4110–4112 (psychological + short-term supply cluster), 4160–4165 (Fibo extension). Fibonacci Extension: 1.618 coincides with 4110–4112 → likely reaction/scalping. 2.272 targets ~4160 → extended target/final profit-taking. Today's Trading Scenario Continuation Buy (priority) Entry: 4056–4060 (retest breakout zone) SL: 4048 TP: 4080 → 4110 → 4160 Management: Move SL to breakeven at +1R; partial take at 4080/4110. Deep Liquidity Buy (cautious volume) Entry: 3998–4000 SL: 3992 TP: 4020 → 4045 → 4080 → 4110 Note: Enter only with clear rejection candle (long lower wick, M1–M15 reversal) or after FVG fill and rebound. Scalp Sell at Psychological Resistance (counter-trend) Entry: 4110–4112 SL: 4118 TP: 4100 → 4080 → 4065 Note: Cancel trade if H1 closes strongly above 4112 or if bullish momentum is too strong (breakout with volume). Invalidation Conditions & Notes Short-term bullish bias invalidated if H1 closes below 4048 → may test deeper 4025–4038 or 3998–4000. Avoid entering trades close to news hours about the U.S. government reopening process. Risk per trade: 0.5–1%, adhere to discipline of moving SL at +1R. If you find this useful, comment on the price levels you're watching and hit Follow on LiamTrading for daily updates.
OANDA:XAUUSDLong
by LiamTradingFX
The continuous short positions in gold have ended perfectly!Whether gold can break through resistance levels in the near term depends on the convergence of three factors: First, whether the US dollar and US Treasury yields experience a more sustained decline, creating room for discounting; second, whether risk appetite strengthens the "insurance demand" for gold due to equity volatility and increased macroeconomic uncertainty; and third, whether net inflows of funds continue, especially whether passive funds and longer-term allocation funds enter the market simultaneously. If these three factors fail to move in tandem, the price will likely continue to consolidate within the $3930-$4000-$4050 range. If they move in unison, the resistance above these round numbers will weaken more smoothly. It's worth noting that the People's Bank of China suspended its 18-month gold purchase program in May 2024 but resumed it in November of the same year. The market currently expects a 67% probability of a Fed rate cut in December, up from around 60% the previous trading day. The Fed just cut rates last week, and Powell stated that this may be the last rate cut this year. The market's current focus is on macroeconomic data and when the US government shutdown will end—which is also driving safe-haven demand for gold. The congressional gridlock led to the longest government shutdown in U.S. history, forcing investors and the data-dependent Federal Reserve to rely on private economic indicators. Since gold does not generate interest income, it typically performs well in low-interest-rate environments and periods of economic uncertainty. Gold Technical Analysis: With the non-farm payroll data still pending, gold prices are likely to fluctuate little tonight, mainly consolidating. The battle between bulls and bears continues throughout the day. During the US session, gold rebounded to around 4027. We had already positioned short positions at 4015 and 4025, which subsequently fell back as expected, resulting in a profitable trade. This week's trading session has concluded perfectly, and we will not participate in the late-session trading. Our strategy remains to short below 4030. From a technical analysis perspective, key resistance and support levels need to be monitored. The upper resistance level to watch is the 4020-4030 area. If gold prices can break through this range and hold, the upward trend may continue in the short term, potentially challenging higher levels. Before this breakout, we have consistently emphasized against chasing highs and have provided a strategy and analysis for shorting in batches around the 4015-4030 area. Those who follow me should have seen this. Gold faces significant upward pressure, and unless there is a major positive news event to stimulate a breakout, we will continue to maintain a strategy of selling on rallies. Due to the lack of non-farm payroll data, gold prices will continue to be treated as oscillating. The lower support level is seen in the 3975-3960 area. If this support level is effectively broken, it may trigger a new round of declines, potentially opening up further downside potential.
OANDA:XAUUSDShort
by Daniel_PrimeFX
Will gold's rebound be followed by another decline?It's hard to explain in a few words. By Friday, the market was still fluctuating and oscillating. Gold had just reached a very critical juncture. Is there anything strange about the current position? No, not really. We've seen 4000 points multiple times since Monday, but the candlestick patterns and their arrangement have gradually turned 4000 into a significant resistance level. Two trend lines are evidence of this. First, there's the downtrend line at the top, which is right around 4000. I know it broke down, but does breaking down mean it has stabilized? We definitely shouldn't rush to make a decision. Moreover, the upward trend line at the bottom is clearly over, and the expected resistance level is exactly the same as yesterday's level around 4020. If you look at it this way, it's a perfect double top pattern. I don't need to say what this pattern should do, it's definitely bearish. You can also put the stop loss above 4030, a loss of only about 10 US dollars, which is quite cost-effective. If it can break through 4030, then there's no need to trade anymore, just in case gold goes crazy. It's quite comfortable like it is now. Finally, there's the issue of targets. I'm actually struggling with this too. Today is the last trading day of the week, and holding positions over the weekend isn't ideal. However, assuming 4018 really did top out and the price actually fell, exiting midway would be a huge loss, and it might be difficult to find a good entry point later. Regardless of how much it could fall, at least after this double top pattern formed, gold breaking below 3960 shouldn't be a major problem. Conservatively speaking, I'd suggest aiming for 3980, depending on whether you're a short-term trader. Since the price of 3960 has encountered support and rebounded multiple times this week, there's no need to set a target at 3960. In other words, if it really drops to 3960, it might go down, resulting in a profit of about $40. Let's just see if it reaches 3980. As for whether to go long again later, I still suggest avoiding unnecessary trading. Everyone keeps saying they want to see the US government reopen, but it's been two days since Trump suggested ending the lengthy debates, and there's been no new information, not even news of a vote. After such a long closure, and the second time the non-farm payrolls report was missed, even inflation statistics are being compiled, so why isn't employment data being collected? If I were to speculate maliciously, I'd say it's because employment is simply unsustainable. Just think about how long the closure lasted in October; aside from everything else, how much of the workforce has been lost officially? Not to mention the current situation where businesses have low demand. Previously, layoffs were slow and hiring was gradual, but now layoffs are being accelerated and hiring is being reduced. I really don't know how shocking the non-farm payrolls report will be. This is why I expect the market to fall at the open and then rise. The data is too uncertain, and it doesn't look like good news no matter how you look at it. Let's wait and see. I'm actually hoping that the market will break through this level starting from the opening.
OANDA:XAUUSDShort
by Daniel_PrimeFX
Selling on rallies remains the dominant strategy for gold!Yesterday's closing price was around 3977, with a low of around 3964, successfully reaching the 3980-3960 range I predicted. I consistently emphasized against chasing the price higher yesterday and provided a shorting strategy around 4020-4030. Congratulations to those who followed my analysis for substantial profits. Gold faces significant upward pressure, and unless there's a major positive news catalyst, a breakout is unlikely. Otherwise, we will continue to focus on selling on rallies. Today, Friday, is the non-farm payrolls report; we will maintain our strategy of selling on rallies during the day. If you're currently experiencing difficulties with your trading, and I hope to help you avoid common pitfalls, feel free to contact me for discussion! From the 4-hour chart, gold is maintaining a generally bearish trend with some volatility. The upside resistance is around 4010-4020, with a key resistance level near 4030. Support is around 3970-3960. The recommended strategy is to sell on rallies, observing more and acting less in the middle range, avoiding chasing the market, and patiently waiting for confirmation at key levels before entering the market. Specific trading strategies will be provided at the bottom; please pay close attention. Gold Trading Strategy: Sell gold in batches in the 4010-4030 range on rebounds, with a target of 3980-3960.
OANDA:XAUUSDShort
by Daniel_PrimeFX
"Short-selling is correct" - Gold consolidation awaits breakout.Gold prices have indeed been somewhat sluggish recently, fluctuating repeatedly within a range. While this volatility can be agonizing, it reflects the market's rhythm. In terms of trading, avoid blindly chasing highs and lows. If you're bearish, don't chase the market down. Patiently wait for a rebound and resistance before entering a position. The recent market rhythm is very clear: sharp rallies are prone to pullbacks, and sharp drops are prone to rebounds – typical characteristics of a range-bound market. Our trading advice remains clear: focus on the 4010-4030 area. If a rebound fails to break through resistance, continue shorting, building positions in batches and proceeding steadily. We have repeatedly emphasized that gold is currently in a range-bound, slightly bearish adjustment phase, with the overall center of gravity continuing to shift downwards. Short-term rallies do not signify a reversal, and so-called signals are often just bull traps. High-level rebounds remain a good opportunity to establish short positions. Market conditions can change rapidly, but there are always patterns to follow. Don't be misled by appearances; look at the underlying logic and structure. Gold is still in a downward continuation phase. Rebounds present opportunities, while false breakouts pose risks. Gold prices fell as expected. Although we exited early and missed the lowest point, a steady exit is a victory in itself. Trading is never about who is more greedy, but about who knows how to control the pace better.
OANDA:XAUUSDShort
by Daniel_PrimeFX
The bears' rhythm is clear, and their direction remains firm!Gold's early morning dip yesterday did not continue, and it even broke through the important resistance level of 3990 during the European session. Today, it broke through the 4000 mark, reaching a high of around 4020, which is the resistance level we predicted earlier. The price has accurately reached the 4020-4030 rebound range, and then quickly fell back to around 3978 and fluctuated. I believe that those who followed the plan have made a steady profit. Judging from the current trend structure, gold is likely to continue its oscillating rebound, but the short-term rebound space is limited. The key resistance area to watch is still 4020-4030. If the rebound fails to break through the resistance, it will still be a good opportunity for short sellers to position themselves. In terms of strategy, we will continue to focus on shorting on rallies, entering positions in batches with small positions, controlling risks, and moving forward steadily. If you've been struggling with your recent trading and want to avoid pitfalls in complex market conditions, feel free to contact me. I'll do my best to help you clarify your thinking and master your own trading rhythm.
OANDA:XAUUSDShort
by Daniel_PrimeFX
Gold breaks through $4,000, has the bulls returned?You might be surprised if I said gold could continue to decline? But the truth is, I'm not surprised. I see this round of trend very clearly: the break below the 4000 mark was just a brief "acceleration" rather than a true reversal of direction. After the price broke through, it quickly rose to around 4017. This performance is more like an emotional release than a trend reversal. After all, the 4000 level has been breached or recovered many times before. There have been too many short-term fluctuations, and the real significance has already been digested by the market's inertia. I maintain a bearish outlook because the chart structure has reached the testing area of the channel's low point, a key position I have repeatedly emphasized. There are only two possibilities for the trend: either the market will soar upwards and return to the upward channel, or it will begin a new round of decline. What I want to seize is the volatility opportunity in the latter. Looking at the key levels: the highs this week are 4050, 4040, and 4030. If the rebound stops in the 4020-4030 area, then a short-term top has likely appeared. At this point, entering a short position would be extremely cost-effective. As long as the market cannot regain a foothold above 4030, I remain firmly bearish, with targets to watch for a break below 4000 and further down to the 3980-3960 area. I don't strive for perfect predictions, but every move I make must be logical, structured, and valuable. When opportunities arise, do not hesitate or waver; execution is key. Seek victory through stability and do not blindly follow the noise of the market.
OANDA:XAUUSDShort
by Daniel_PrimeFX
1
10.22 Gold rebounds and continues to be shortGold's 4-hour moving average has formed a death cross, signaling a downward bearish trend. Gold still has downward momentum. Despite today's rebound in the US market, it continued to decline rapidly. This suggests the bullish rally is weakening. Gold rebounded to around 4085 before turning downward. While gold remains under pressure at 4085, it's still a good time to continue shorting. Gold has formed a short-term bearish double top, and the bullish rebound has failed to re-stabilize the neckline of the double top. Gold remains a bearish market, and rebounds continue to offer opportunities for short sellers.
TVC:GOLDShort
by AnalystDavid_
1
10.22 Gold continues to correctAfter forming a double top early Tuesday morning, gold has been experiencing resistance during Tuesday's Asian session, signaling a potential Waterloo. As of Wednesday's Asian session, gold hit a low of 4004 before rebounding above 4100, a bullish consolidation. Gold is currently trading in a range-bound environment. We continue to monitor the 4147-50 resistance level, which also marked the resistance level at midnight Tuesday. Gold prices retreated after hitting this resistance level several times last night. During the day, we will monitor the upward resistance level. If gold fails to break through, we will maintain a volatile trading strategy. We will prioritize shorting within this resistance level. From the 4-hour chart, we are currently focusing on the 4147-4150 resistance level for the upside, while the -4085-4100 support level is expected to remain. If bulls fail to break through, gold will likely continue its range-bound correction. Trading strategies should prioritize trading within this range. In the intermediate range, we should be cautious about buying orders and wait patiently for key entry points. I'll provide detailed trading strategies during the trading session, so please stay tuned. Gold Trading Strategy: 1. Short gold with a light position at 4147-4150, stop loss at 4156, target at 4085-4100. Hold if it breaks through! 2. Go long gold at 4085-4095, stop loss at 4078, target at 4145-50. Hold if it breaks through!
TVC:GOLDShort
by AnalystDavid_
1
10.21 Gold correction continues to riseTechnical Analysis The 4-hour MACD formed a death cross with shrinking volume, converging and flattening, indicating current volatility. The 4-hour candlestick chart also closed at a high level with a small Yin-Yang candlestick. The question now remains whether the candlestick chart will rise directly or retrace to the middle line near 4292. A direct rise would not fall below the morning's low of 4332. The hourly chart began to fluctuate and decline after trading sideways this morning. Currently, attention is focused on support near 4332. The hourly MACD formed a golden cross with shrinking volume, and the STO indicator corrected downward, indicating a potential decline in the hourly chart. Current support on the hourly chart lies around 4332-4327 and 4302. In summary: The daily chart suggests today's decline is not over, and will likely reach at least 4300. The question now remains whether the 4-hour chart will fluctuate at a high level or rise directly. A direct rise would likely lead to a continued rise to around 4420, while consolidation at a high level would likely lead to a decline. Therefore, a short position around 4372-4377 is feasible. As for long orders, they need to be placed near 4267-4275, and the first long order can be placed near 4296-97. Strategy: Short near 4368-70, defend 4382, target 4335-4300-4270 Long near 4296-97 below, defend 4290, target 4330 Long near 4268-72 intraday, defend 4262, target 4300-4330-4370, etc. Breaking above 4382 will directly lead to the 4410-4420-4480 line, so if it breaks above 4382 and then falls back to 4370, go long. Like
TVC:GOLDLong
by AnalystDavid_
1
10.19 Gold Monday short-term analysis guide!Gold closed near 4247 on Friday. Following five consecutive daily gains, the market closed with a bearish candlestick pattern. Technical analysis suggests that gold prices are poised for a period of volatile correction. Without news stimulus, gold is expected to fluctuate within a range. Given the pullback from Friday's large bearish candlestick, Monday's focus should be on whether the decline can be sustained. If this trend isn't sustained, bulls are poised to launch a counterattack. Otherwise, gold is poised to enter a range of rebound resistance. From the 4-hour market trend, short-term resistance is currently at 4280-4293, with a focus on 4315-23. Support is at 4185-4193. If bulls fail to achieve a sustained breakout, a period of volatile correction is imminent. Trading strategies should prioritize range-bound trading. In the middle, adopt a cautious approach, cautiously follow orders, and patiently wait for key entry points.
TVC:GOLD
by AnalystDavid_
1
10.17 Gold Short-Term Operation Technical Guide!!!Recently, as the expectation of the Federal Reserve's interest rate cut has become more and more intense, and there is an expectation of an increase, the loose atmosphere, coupled with the expectation of inflation and the impact of the economic and trade turmoil, gold has once again become the darling of the market. Every day, it witnesses new highs in history, and the trend has become more and more crazy. There is no top in sight, and it is also impossible to say when a dive will come. Today, the Asian session hit a high near 4378 and then fell back quickly to touch around 4278, a range of US$100, and then quickly rebounded to above 4370 again. Subsequently, the European session jumped back and forth. Today, Friday, we need to be wary of the possible profit-taking trend in the market. In terms of operation, the rebound depends on shorting at 4360/70, and pay attention to the gains and losses of 4300. If it falls below 4300, we will see adjustments. Otherwise, we will continue to see bullish fluctuations if it falls back.
TVC:GOLDLong
by AnalystDavid_