Current Price Action All MarketsWanted to share a picture of the daily TF price action of the major markets.
1) August has been a very slow market for forex. Nothing but chop... Especially over the last 3 weeks.,
2)Stocks and gold have seen a slow grinding uptrend.,
Each market is unique in its own right and benefits not only different types of traders, but also different setups perform better during specific market conditions. It's essential to trade various types of market conditions to suit your style, as well as when you perform at your best and worst.
Metals
XAUUSD: August 29Gold Support and Resistance Levels:
Daily Chart Resistance: 3440, Support: 3360
4-Hour Chart Resistance: 3440, Support: 3380
1-Hour Chart Resistance: 3423, Support: 3404
Gold is trading in a narrow range today. My advice is to buy low and sell high based on resistance and support levels. I've already started selling. I hope gold falls as expected.
High: 3414, Low: 3404. For a short-term decline, we're looking at targets around 3400.
Gold | H2 Double Top | GTradingMethod🧐 Market Overview:
Gold is testing a key diagonal resistance level while forming a potential double top on the H2 timeframe. This setup suggests that sellers may step in at this level if resistance holds.
📊 Trade Plan:
Risk/Reward: 4.6
Entry: 3423.1
Stop Loss: 3429.6
Take Profit 1 (50%): 3397.8
Take Profit 2 (50%): 3385.5
💡 GTradingMethod Tip:
Double tops near major resistance often provide high R:R opportunities, but confirmation from price action is key before entering.
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📌 Please note:
This is not financial advice. This content is to track my trading journey and for educational purposes only.
GOLD: The Market Is Looking Down! Short!
My dear friends,
Today we will analyse GOLD together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding below a key level of 3,427.05 So a bearish continuation seems plausible, targeting the next low. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
SILVER: Strong Bearish Sentiment! Short!
My dear friends,
Today we will analyse SILVER together☺️
The market is at an inflection zone and price has now reached an area around 38.963 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move down so we can enter on confirmation, and target the next key level of 38.858.Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
Silver Eyes 40-Resistance for a Record High BreakoutIn line with gold’s momentum and the industrial demand for silver—particularly from the growing tech and AI sectors—a clear hold above the 40 mark may extend gains toward 42, aligning with the upper border of the uptrending channel respected since 2023. A breakout beyond that border may offer a more comfortable bullish outlook for silver, with potential upside toward 46 and 50, in line with the 2011 peaks and possibly beyond.
On the downside, should momentum pull back, a clean break below 37 may extend losses toward the channel’s mid-zone near 35, where a potential rebound could emerge. If not, the next key level I’m eyeing is the lower boundary of that channel near the 30 mark, which may offer another long-term bullish positioning opportunity on the silver chart.
— Razan Hilal, CMT
Gold Eyes Record High BreakoutAs gold's price action continues to narrow within a 5-month consolidation, traders await confirmation of whether the formation represents an inverted head and shoulders pattern with an extended right shoulder, or a triangle consolidation—keeping markets on edge for a breakout signal.
The 3450–3500 zone stands as a critical resistance barrier. A confirmed breakout above it could lead gold prices to extend toward 3780–3800 (equal to the height of the pattern), and ultimately test the 4,000 checkpoint—the target of a long-term monthly cup and handle pattern.
On the downside, key supports lie at 3320 and 3280. A clear break below these levels could confirm a steep bearish breakout toward 3130 and 2900, which may, in turn, set the stage for long-term bullish opportunities back toward the 4,000 level.
— Razan Hilal, CMT
GOLD (XAUUSD): Bullish Confirmation After News
Gold finally turned bullish after US news.
I see a strong intraday bullish confirmation:
a breakout of a resistance line of a horizontal range on an hourly
time frame with a high momentum candle, provide a valid Change of Character.
We can expect growth now.
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SILVER AT RESISTANCE ZONE-READ CAPTIONHi trade's
Silver price is currently approaching the resistance zone near 39.100, while the risk level remains at 39.500.
If price respects this resistance, we may see a rejection and a move back toward the demand zone at 37.900.
However, if buyers push above 39.500, the bearish setup becomes invalid.
This setup highlights a short opportunity from resistance with demand zone as the key target. Risk management is crucial, as a breakout above 39.500 may shift the trend
Resistance 39.100
Demand 37.900
Risk 39.500
Gold Faces Upward Pressure from Fundamentals: Levels to WatchGold is currently trading above the trend line from its historic high at the 3,410 level. However, let's summarize the developments for XAUSD since the beginning of the month. News since the beginning of August, particularly the Financial Times report on August 8 about Swiss gold bars being subject to tariffs, and the uncertainty caused by the delay in official confirmation, significantly widened the spread between spot gold and gold futures, with the average intraday spread around 35. After the official approval of the gold tariff, gold peaked at 3,409 on August 7 and then hit this month's low of 3,311 on August 20, forming a falling wedge pattern. Gold then attempted to break out of the wedge strongly and met its 200-hour moving average. And acted as resistance.
At the Jackson Hole Conference held in Wyoming, USA, Fed Chairman J. Powell drew attention to the downward pressure on the employment:"In the near term, risks to inflation are tilted to the upside, and risks to employment to the downside-a challenging situation," Powell said in his remarks. "Nonetheless, with policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance."market and noted that they could change their monetary policy stance. Although Fed members and Powell reiterated their data-dependent stance. This speech was perceived as dovish by the market and interpreted as a signal for an interest rate cut in September. With this announcement, gold rose from 3,323 to 3,374 levels. Following this upward movement, gold continued within a rising wedge formation. However, on August 25, Fed member Lisa Cook was dismissed by US President Trump, and Cook's objection to this decision on legal grounds increased uncertainty in the market regarding interference with the Fed's independence of both means and purpose.
On August 28, gold reached around $3,420, its highest level this month. This breakout from the rising wedge may be misleading, but the pressure on the Fed and upcoming inflation and unemployment data may signal that upward pressure will continue. We clearly saw this month's PPI data breakdown, specifically in the Trade of Finished Goods section, that tariffs are accelerating inflation pass-through.In other words, tariffs have begun to have a serious impact on the trade balance, which means that future CPI (headline inflation) and PCE data could show a significant upward movement, increasing uncertainty and pushing gold prices higher.
In conclusion, the overall outlook for gold is upward. The 3,420 resistance level is currently critical, as it is both a Fibonacci retracement and a resistance level. If this level is broken, the upward movement could accelerate. Breaking the 3,420 resistance level would mean overcoming the trend coming from the 3,500 level, implying that there would be no other obstacle left to test the 3,450 level, the last resistance before the historical peak. However, if the technical analysis holds, the rising wedge formation carries downside risks. Breaking below the 3406 support level is critical in this regard; if broken, gold could exit the formation and begin a downward movement towards 3385.
XAUUSD: August 28th Market Analysis and StrategyGold Support and Resistance Levels:
Daily Chart Resistance: 3440, Support: 3350
4-Hour Chart Resistance: 3420, Support: 3374
1-Hour Chart Resistance: 3409, Support: 3385
Based on the market, 3400 serves as a reference resistance level for today, followed by 3420. Short-term support focuses on yesterday's low of 3374, followed by the weekly low of 3351. In the short term, 3380-3385 may become a key level for gold prices today. If it fails to fall below 3380, gold prices will continue to fluctuate upward. In the NY market, focus on the upward pressure in the 3409-3420 range, and the support levels of 3385 and 3734. My personal recommendation is to buy on dips!
BUY:3385near
BUY:3374near
SELL:3409near
SELL:3420near
Gold (XAUUSD) – Waiting for Buy Opportunity Near Range SupportWe're currently inside a range and approaching its lower boundary.
There was a chance to go long a bit lower, but there’s still time — the highlighted zone looks like a solid area to consider longs.
We’re patiently waiting for price to enter the zone and give us a valid buy signal.
No rush. Let the market come to us
GOLD BEST PLACE TO SELL FROM|SHORT
GOLD SIGNAL
Trade Direction: short
Entry Level: 3,406.14
Target Level: 3,357.86
Stop Loss: 3,438.15
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 9h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Gold (XAUUSD) Intraday Analysis – August 29, 2025On the H1 timeframe, gold has just created a fresh high around 3,420 USD/oz but faced strong selling pressure, pushing the price back to 3,407 USD/oz. This indicates that the 3,420 resistance zone remains a solid short-term barrier.
Technical Analysis
Key Resistance Levels:
3,420 USD/oz – the recent top, a breakout above this level may extend the bullish move toward 3,435 – 3,450 USD/oz.
3,407 – 3,410 USD/oz – current retest zone. Holding above it could trigger another attempt to test 3,420.
Key Support Levels:
3,380 – 3,385 USD/oz – highlighted demand area, acting as intraday support.
3,360 USD/oz – stronger support, aligning with the 38.2% Fibonacci retracement of the previous bullish leg.
EMA & RSI Outlook:
EMA 20 is still pointing upward, reflecting an intact bullish trend.
RSI on H1 shows slight bearish divergence → signaling a possible short-term pullback before continuation.
Trading Strategies
Buy the Dip (trend-following setup):
Look for long entries around 3,385 – 3,390 USD/oz.
Targets: 3,420 – 3,435 USD/oz.
Stop loss: below 3,375 USD/oz.
Counter-trend Sell (short-term setup):
If price fails to break 3,420 USD/oz, consider selling between 3,415 – 3,420 USD/oz.
Target: 3,385 USD/oz.
Stop loss: above 3,426 USD/oz.
- The overall trend remains bullish, but traders should wait for a corrective dip to enter with better risk-reward.
- Save this analysis to track the key levels and stay prepared for intraday setups.
Gold XAUUSD Intraday Analysis 29.08.2025Gold has been trading in a bullish trend, moving higher without any significant retracement yesterday. Currently, price is holding around 3405–3407 after rejecting higher levels.
Looking at the chart, a potential retracement zone lies at 3393–3396, which aligns with a demand area and prior consolidation. If price retraces into this zone, it may provide a strong opportunity to join the ongoing bullish trend.
The upside target remains at 3415, which corresponds to the next resistance area, while invalidation of this setup lies below 3386 support.
Trading Idea:
Entry (Buy Zone): 3393–3396
Stop Loss (SL): 3386
Take Profit (TP): 3415
Risk-to-Reward ratio: ~1:2
Plan: Wait for retracement into the 3393–3396 zone, and find confirmatoin before entering long.
Silver breakout support at 3830The Silver remains in a bullish trend, with recent price action showing signs of a continuation breakout within the broader uptrend.
Support Zone: 3830 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 3830 would confirm ongoing upside momentum, with potential targets at:
3965 – initial resistance
4000 – psychological and structural level
4040 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 3830 would weaken the bullish outlook and suggest deeper downside risk toward:
3800 – minor support
3755 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the silver holds above 3830. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Gold bullish run continuation supported at 3376The Gold remains in a bullish trend, with recent price action showing signs of a continuation breakout within the broader uptrend.
Support Zone: 3376 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 3376 would confirm ongoing upside momentum, with potential targets at:
3420 – initial resistance
3430 – psychological and structural level
3440 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 3376 would weaken the bullish outlook and suggest deeper downside risk toward:
3365 – minor support
3353 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the Gold holds above 3376. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
August 28th Latest Gold Trend Analysis Strategy:
📊 1. Key Data and Event Impact
Revised US Q2 real GDP annualized quarterly rate (expected 3.1%, previous value 3.0%), weekly initial jobless claims.
If the data is revised downward, it could weaken the US dollar and boost gold.
If the data is revised upward, it could reinforce the Federal Reserve's cautious stance, suppressing gold prices in the short term.
📉 2. Key Technical Levels
Support Levels:
Primary Support: 3380-3385 (5-day moving average, intraday bull-bear divide).
Strong support: 3373-3375 (recent low point, key support at the 4-hour level).
Deeper Support: 3360-3362 (10/20-day moving average convergence area), 3350 (21-day moving average).
Resistance Levels:
Near-term resistance: 3400 (psychological barrier, a breakout could see upward movement to 3409-3410).
Core resistance: 3414-3425 (daily level descending trend line pressure & Bollinger band upper track, a breakthrough will open a new round of upward space).
Technical Indicators:
Daily moving averages are bullish, but significant pressure exists in the 3410-3425 area.
The 14-day RSI is around 57, which is in the bullish range, but the momentum has slowed down slightly.
The MACD on the 4-hour chart is flat, so we need to be wary of short-term pullback risks.
The following are the key bull-bear points:
Support: 3380-3385, near the 5-day moving average, initial support; a break below indicates short-term weakness.
3373-3375, recent lows, important support, and a 4-hour moving average watershed.
3360-3362, 10-day/20-day moving average convergence zone, strong support.
Resistance: 3400, a psychological round number.
3409-3410, recent highs and trendline resistance.
3414-3425, key resistance at the daily descending trendline; a break above suggests a move to 3450.
🛠️ III. Trading Strategy Recommendations
1. Trend Follower
Buy Strategy:
If gold prices fall back to the 3380-3385 area and stabilize, consider a light long position with a stop-loss below 3370, targeting 3400-3405. If gold prices break through 3414 and stabilize, consider going long with the trend, targeting 3425 or even 3440.
Short Strategy:
If gold prices fail to break through 3400 and show signs of a pullback, consider a small-scale short position with a stop-loss above 3405, targeting 3385-3390.
2. Range Trader (Buy Low and Sell High)
Trade within the 3373-3409 range.
Consider going long near the lower edge of the range (e.g., 3380-3385) and a stabilization signal (e.g., a doji or bullish engulfing candlestick pattern) appears.
Consider shorting when it approaches the upper edge of the range (such as 3400-3405) and encounters resistance.
Be sure to set a stop loss (for example, stop loss below 3370 for long orders and above 3415 for short orders). If the range is broken, stop loss and consider following the trend.
3. Cautious Investors
We recommend a wait-and-see approach, waiting for gold prices to effectively break through key resistance (3414-3425) or support (3360-3362), and then choosing an opportunity to enter the market once the direction is clear.
Pay close attention to the market reaction after the release of US economic data before making any decisions.
⚠️ IV. Risk Warning
Data Risk: If US GDP and initial jobless claims data significantly exceed expectations, this could weaken expectations of a rate cut and put pressure on gold prices.
Speech Risk: If Fed Governor Waller makes hawkish remarks (such as emphasizing data-driven reliance and a reluctance to cut rates), this could weigh on gold prices.
Technical Risk: If gold prices fall below the key support level of $3373, a further pullback to the 3360-3362 or even 3350 range is possible in the short term.
Political Risk: The controversy surrounding Trump's dismissal of Fed Governor Cook continues. If the legal dispute escalates, it could exacerbate market concerns about the Fed's independence and increase gold's safe-haven appeal.
💎 5. Conclusion
Overall, gold remains in a short-term, volatile, and relatively strong pattern. Key support lies in the $3373-3385 area. The primary upside target is to overcome the $3409-3410 resistance level, and then challenge the key resistance zone of $3414-3425.
Operationally, the key lies in identifying price reactions at key support and resistance levels. Following the trend and strictly controlling risk are the primary strategies at this time.
GOLD: Long Trading Opportunity
GOLD
- Classic bullish formation
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Buy GOLD
Entry Level - 3407.2
Sl - 3403.8
Tp - 3415.5
Our Risk - 1%
Start protection of your profits from lower levels
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Is the entire network bullish? Trade with cautionGold rose yesterday without any obvious pressure, and bulls continued to exert their strength, 🐂but various technical indicators were close to the overbought area yesterday, and there is a need for technical correction in the short term. 📊
At the same time, due to the lack of certain news to drive gold, it is inevitable that gold will experience a correction today. 📉
Today's general trend is to go long when it falls back to support.📈 Focus on the effectiveness of the support at 3405-3395 below. After stabilizing here, you can consider going long and looking towards 3420-3430.🎯
Key data will be released later in the day, with core PCE data closely watched for new clues on whether the Fed will ease policy further after its September meeting. Any unexpected downside in the core PCE data could increase bets on a Fed rate cut, thereby weakening the US dollar and driving gold prices higher.👀
Today is Friday, and the weekly and monthly lines are about to come to an end. 📊It is necessary to be cautious in trading during the day to prevent unexpected events or possible one-sided market conditions. Strictly eliminate uncontrollable consequences caused by frequent transactions. 🙅♂️If there are any adjustments, we will notify you before the market opens.
GOLD (XAUUSD): Confirmed BoS
A quick follow-up for my yesterday's post for Gold.
Gold successfully violated a key daily resistance and closed above
that, providing a confirmed Break of Structure BoS.
There is a high chance that it will continue rising and reach 3430
resistance soon.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.