Silver (SIL1!): Bullish! Buy The Dip!Silver is at the highest its been since 2011.
There is no reason to short this market. A short term pullback should be seen as a long opportunity.
Price has taken the External Range Liquidity, and a move back to Internal Range Liquidity is naturally expected. The +FVG (blue) looks like a great place to look for high probability buys.
It is intersected by the old high, adding to the confluence of support at that level.
What do you think? Comment down below!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Metals
Gold→ Between Glory and CollapseGold has climbed without mercy, each retrace shallow, each rally sharper than the last.
Now the metal stands suspended between glory above 3700 and collapse into the 3579 support shelf.
Above, the 3687–3700 premium zone glows like bait. Breakouts here could unleash a frenzy, pulling in late buyers and forcing shorts into a brutal squeeze. But every step higher walks deeper into thin air, where reversals strike hardest.
Below, the 3579–3540 demand base waits patiently. It’s the foundation of this whole move — the line that must hold if bulls want to defend the uptrend. If price ever cuts back to this shelf, it won’t just test support; it will test conviction.
This is no ordinary range. It’s a battlefield stretched to extremes:
⚔️ Above 3700 → euphoria and chase.
⚔️ Below 3579 → panic and liquidation.
Gold doesn’t move aimlessly — it hunts. And right now, it’s hunting those who believe it can only go one way.
Gold is writing history between 3700 glory and 3579 collapse.
If this map sharpened your view, show some love: smash that like, hit follow, and support the idea so we keep bringing you daily precision charts.
— GoldFxMinds 🚀✨
DeGRAM | GOLD above the channel📊 Technical Analysis
● XAU/USD is climbing within an ascending channel, holding above 3,600 support after reclaiming the mid-range trendline.
● Price momentum is targeting the 3,620 resistance; a breakout could extend gains toward 3,640, keeping the short-term structure bullish.
💡 Fundamental Analysis
● Gold is buoyed by softer US inflation expectations and a slight pullback in Treasury yields, while investor demand for safe havens remains firm amid geopolitical concerns.
✨ Summary
Bullish above 3,600; targets 3,620 → 3,640. Invalidation on a close below 3,580.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
SILVER: Strong Growth Ahead! Long!
My dear friends,
Today we will analyse SILVER together☺️
The market is at an inflection zone and price has now reached an area around 41.252 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move up so we can enter on confirmation, and target the next key level of 41.509.Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
GOLD: Will Go Down! Short!
My dear friends,
Today we will analyse GOLD together☺️
The price is near a wide key level
and the pair is approaching a significant decision level of 3,635.58Therefore, a strong bearish reaction here could determine the next move down.We will watch for a confirmation candle, and then target the next key level of 3,617.96.Recommend Stop-loss is beyond the current level.
❤️Sending you lots of Love and Hugs❤️
GOLD 1H CHART ROUTE MAP UPDATE Hey Everyone,
Great start to the week with our 1h chart idea playing out, as analysed.
We started with our Bullish target hit at 3593 followed with ema5 cross and lock opening 3613, which was hit perfectly. We then got a further ema5 cross and lock above 3613 opening 3638, also completed today - beautiful!!
We will now look for ema5 cross and lock above 3638 to open the range above or failure to lock above here will follow with a rejection into the lower Goldturns for support and bounce.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3593 - DONE
EMA5 CROSS AND LOCK ABOVE 3593 WILL OPEN THE FOLLOWING BULLISH TARGETS
3613 - DONE
EMA5 CROSS AND LOCK ABOVE 3613 WILL OPEN THE FOLLOWING BULLISH TARGET
3638 - DONE
EMA5 CROSS AND LOCK ABOVE 3638 WILL OPEN THE FOLLOWING BULLISH TARGET
3658
BEARISH TARGETS
3562
EMA5 CROSS AND LOCK BELOW 3562 WILL OPEN THE FOLLOWING BEARISH TARGET
3528
EMA5 CROSS AND LOCK BELOW 3528 WILL OPEN THE SWING RANGE
3492
3470
EMA5 CROSS AND LOCK BELOW 3470 WILL OPEN THE SECONDARY SWING RANGE
3438
3408
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Gold Tests Key Reversal Zone – Bears on WatchGold ( OANDA:XAUUSD ) completed the move as I expected in my previous idea , both the down and up moves I expected.
Gold is currently moving in the Potential Reversal Zone(PRZ) .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks .
In terms of Elliott wave theory , it looks like Gold is completing the 5th microwaves of the main wave 3 .
I expect Gold to start correcting in the coming hours and drop to at least $3,593(First Target) .
Second Target: $3,583
Stop Loss(SL): $3,634
Gold Analyze (XAUUSD), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅ ' like ' ✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Silver shines on a mix of financial momentum and industrial streSilver shines on a mix of financial momentum and industrial strength
Technical Perspective
XAGUSD is consolidating within an ascending triangle, a continuation pattern that implies a bullish breakout post accumulation phase.
Bullish alignment of EMA cross also reinforces the positive outlook within consolidation.
Currently, XAGUSD is testing the upper boundary of the sideways range. A close above the 41.50 upper bound resistance would confirm a bullish continuation, with the next upside target at 44.80 based on the 261.8% Fibonacci retracement level.
However, failure to break above 41.50 may trigger a pullback toward the ascending trendline. A breakdown below this line would expose the key psychological support at 40.00.
Fundamental Perspective
Silver maintains a high correlation with gold, often rallying alongside it when gold prices rise.
Expectations of Fed rate cuts reduce the opportunity cost of holding silver, boosting demand.
Industrial demand remains robust, especially in solar panels, electric vehicles, and electronics, with China driving consumption. Meanwhile, years of persistent supply deficits have tightened the market, providing strong fundamental support.
Geopolitical risks and safe-haven flows attract capital into broadly precious metals including silver.
In summary, silver’s latest rally is supported by monetary easing expectations, strong industrial demand, and heightened geopolitical tensions that reinforce safe-haven demand.
Analysis by: Krisada Yoonaisil, Financial Markets Strategist at Exness
A Gold/GLD Drop Scenario You Should Not IgnoreSometimes you don't need a ton of information.
Sometimes, it's just the right moment when a few facts come together, and you make up your mind.
That's the case now with Gold for me.
We know that the behavior changed when Gold left the Fork in July.
We also know that if price leaves a Fork, it's highly possible we’ll see a test/re-test at the L-MLH, the lower median line parallel.
Additionally, Allan H. Andrews, the inventor of the Median Lines/Forks, wrote back then that price could also crawl along the parallel line for a longer period. And if price can't manage to jump back into the Fork—regaining the trajectory of the slope—it will trade in the opposite direction sooner or later.
Last but not least: I checked GLD too. Surprisingly it reached the Centerline just yesterday (See screenshot in the right lower corner of the Chart). So price has a high tendency to turn in the opposite direction when balanced again.
So, there you have it.
I’m planning a short, with profits at the WL as my first target.
But what if it goes wrong, if price climbs higher?
Well, then I’ll probably get stopped out, which is nothing more than part of this business.
Any questions?
Don't hesitate to ask me. It's the only way humans learn—by asking questions.
Cheers
§8-)
Will gold prices continue to rise on September 8th?
I. Fundamental Analysis
The release of the US non-farm payroll data for August, released on Friday (September 5th), caused a significant market turmoil and provided strong fundamental momentum for gold's rise.
The data was extremely weak: only 22,000 new non-farm payrolls were added, far below the expected 75,000. More notably, the June data was significantly revised downward to -13,000, indicating that the labor market's weakness is not a fluke but rather a trend of stalling. At the same time, the unemployment rate rose to 4.3%, the highest level since 2021, further confirming that the momentum of the US economy is slowing down.
Expectations of a Fed rate cut have sharply increased: Such weak data has significantly strengthened market bets on a Fed rate cut. Currently, the market generally believes a September rate cut is a foregone conclusion, with the probability of a 25 basis point cut approaching 100%, and even discussions of a 50 basis point cut are emerging. This strong expectation of easing is the core driver of gold prices.
Potential Risks and Uncertainties: While the prospect of a rate cut is positive, investors should remain vigilant to potential uncertainties. Inflationary pressures have not yet been fully overcome. If the CPI data released next week unexpectedly rises, it could constrain the Fed's easing efforts. Furthermore, the outlook for the US election and related tariff rhetoric could create new inflationary uncertainties, limiting gold's short-term upside potential.
Fundamental Conclusion: The non-farm payroll data has solidified strong market expectations for a rate cut, creating an overall environment that is extremely bullish for gold. Any weak or dovish economic data would boost gold prices, while an unexpected rebound in inflation could trigger short-term volatility.
II. Technical Analysis
Trend Positioning: Gold is currently in a strong, unilateral upward trend, with the overall technical structure intact and targeting all-time highs.
Key Support (Long-Term Support):
The 5-day moving average has now moved up to the 3545-3550 area. This is the first key support level maintaining the extremely strong short-term trend. As long as gold prices close above this moving average, the upward trend will remain intact. Even if there is a false move to break down this position during the trading session (to lure a short), there is no need to panic as long as the price can be recovered in the end.
4-Hour Bollinger Band Middle Line: Currently moving up to around 3555. This level is the watershed between short-term bullish and bearish strength. If the middle line holds, prices will maintain a relatively strong upward trend. A break below it could trigger a deeper correction, but this will provide a better opportunity to "get on board" for further gains.
Key Resistance:
The upper short-term target resistance level is 3600-3610, a key area to overcome in the near term. A break above will open up further upside potential.
Technical Conclusion: The technical pattern resonates with the fundamentals, indicating a clear bullish trend. Operationally, the key strategy should be to follow the trend, focusing on looking for opportunities to buy at low levels.
III. Trading Strategy for Next Week
Key Strategy: Focus on buying on dips to lows, and be cautious about rallies to higher levels.
Long Strategy (Main Strategy):
Ideal Long Range: 3560-3570. If gold prices pull back into this range and show signs of stabilization (such as a pin bar or bullish engulfing candlestick on the 4-hour chart), this could be considered a good dip-buying opportunity.
Aggressive long position: around 3555 (4-hour middle candlestick). As long as this support holds, it can be considered an entry point during a strong rally.
Stop-loss: Recommended stop-loss: Below key support, around 3540.
Targets: First target: 3600; second target: 3610 or above.
Short strategy (secondary strategy):
Only when gold prices first rebound to the strong resistance zone of 3600-3610 and show clear signs of resistance (such as a long upper shadow or bearish engulfing candlestick), consider a short-term short position with a small position, entering and exiting quickly to capitalize on a technical pullback.
Remember: Shorting against the trend is risky, so strictly control your position size and stop-loss (place the stop-loss above 3615). The core strategy remains to go long with the trend.
Risk Warning: Pay close attention to next week's US CPI data, as its results could trigger a market repricing of the extent of the Fed's interest rate cuts, causing significant gold price fluctuations. Investors are advised to manage their positions prudently and exercise effective risk control.
Gold May Try a Similar PatternGold is about to break out of its flat zone. A move similar to the one seen on September 2 could happen again. The 55-hour moving average remains the key support level, and upward moves are likely to continue as long as it holds.
Gold is also feeding off stagflation concerns, the type of risk that tends to benefit gold the most.
Will gold prices continue to rise on September 8th?
I. Fundamental Analysis
The release of the US non-farm payroll data for August, released on Friday (September 5th), caused a significant market turmoil and provided strong fundamental momentum for gold's rise.
The data was extremely weak: only 22,000 new non-farm payrolls were added, far below the expected 75,000. More notably, the June data was significantly revised downward to -13,000, indicating that the labor market's weakness is not a fluke but rather a trend of stalling. At the same time, the unemployment rate rose to 4.3%, the highest level since 2021, further confirming that the momentum of the US economy is slowing down.
Expectations of a Fed rate cut have sharply increased: Such weak data has significantly strengthened market bets on a Fed rate cut. Currently, the market generally believes a September rate cut is a foregone conclusion, with the probability of a 25 basis point cut approaching 100%, and even discussions of a 50 basis point cut are emerging. This strong expectation of easing is the core driver of gold prices.
Potential Risks and Uncertainties: While the prospect of a rate cut is positive, investors should remain vigilant to potential uncertainties. Inflationary pressures have not yet been fully overcome. If the CPI data released next week unexpectedly rises, it could constrain the Fed's easing efforts. Furthermore, the outlook for the US election and related tariff rhetoric could create new inflationary uncertainties, limiting gold's short-term upside potential.
Fundamental Conclusion: The non-farm payroll data has solidified strong market expectations for a rate cut, creating an overall environment that is extremely bullish for gold. Any weak or dovish economic data would boost gold prices, while an unexpected rebound in inflation could trigger short-term volatility.
II. Technical Analysis
Trend Positioning: Gold is currently in a strong, unilateral upward trend, with the overall technical structure intact and targeting all-time highs.
Key Support (Long-Term Support):
The 5-day moving average has now moved up to the 3545-3550 area. This is the first key support level maintaining the extremely strong short-term trend. As long as gold prices close above this moving average, the upward trend will remain intact. Even if there is a false move to break down this position during the trading session (to lure a short), there is no need to panic as long as the price can be recovered in the end.
4-Hour Bollinger Band Middle Line: Currently moving up to around 3555. This level is the watershed between short-term bullish and bearish strength. If the middle line holds, prices will maintain a relatively strong upward trend. A break below it could trigger a deeper correction, but this will provide a better opportunity to "get on board" for further gains.
Key Resistance:
The upper short-term target resistance level is 3600-3610, a key area to overcome in the near term. A break above will open up further upside potential.
Technical Conclusion: The technical pattern resonates with the fundamentals, indicating a clear bullish trend. Operationally, the key strategy should be to follow the trend, focusing on looking for opportunities to buy at low levels.
III. Trading Strategy for Next Week
Key Strategy: Focus on buying on dips to lows, and be cautious about rallies to higher levels.
Long Strategy (Main Strategy):
Ideal Long Range: 3560-3570. If gold prices pull back into this range and show signs of stabilization (such as a pin bar or bullish engulfing candlestick on the 4-hour chart), this could be considered a good dip-buying opportunity.
Aggressive long position: around 3555 (4-hour middle candlestick). As long as this support holds, it can be considered an entry point during a strong rally.
Stop-loss: Recommended stop-loss: Below key support, around 3540.
Targets: First target: 3600; second target: 3610 or above.
Short strategy (secondary strategy):
Only when gold prices first rebound to the strong resistance zone of 3600-3610 and show clear signs of resistance (such as a long upper shadow or bearish engulfing candlestick), consider a short-term short position with a small position, entering and exiting quickly to capitalize on a technical pullback.
Remember: Shorting against the trend is risky, so strictly control your position size and stop-loss (place the stop-loss above 3615). The core strategy remains to go long with the trend.
Risk Warning: Pay close attention to next week's US CPI data, as its results could trigger a market repricing of the extent of the Fed's interest rate cuts, causing significant gold price fluctuations. Investors are advised to manage their positions prudently and exercise effective risk control.
XAU/USD | Gold at Record Highs – Can NFP Stop the Rally?By analyzing the gold chart on the 12-hour timeframe, we can see that the price continued its rally today, reaching $3,578 and printing a new all-time high (ATH)! After hitting this level, gold made a slight pullback to $3,510. Right now, the price has bounced back and is trading around $3,550.
So far, there are no clear signs on the higher timeframes that gold is ready to reverse from here. For that, we would need to see stronger bearish moves. The current momentum still supports further upside unless proven otherwise. That’s why it’s better to stay patient and wait for a real break or shift in market structure before looking for attractive trade setups.
Also, tomorrow we have the NFP report, which could trigger a drop in gold if the data comes in stronger than expected. Until then, we’ll wait — and if you guys strongly support this post, I’ll share my updated personal analysis a few hours before the release. Stay tuned!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
XAUUSD SELL NOW 3625🔴 XAUUSD – Short Setup at 3625 | Tactical Bearish Play
Gold (XAUUSD) is currently testing a key resistance level around 3625, where price action has repeatedly shown signs of exhaustion. After a strong bullish leg, the market is now stalling, with momentum indicators flashing early warnings of a potential reversal. This setup offers a clean intraday short opportunity with tight risk and favorable reward.
📌 Trade Parameters
- Entry: 3625
- Stop Loss: 3630 (above resistance wick and intraday high)
- Take Profit: 3610 (near support zone and previous demand area)
- Risk/Reward Ratio: 3:1
📊 Technical Confluence
- Bearish Candlestick Formation: Multiple rejection wicks on 15M and 1H charts
- RSI Divergence: RSI failing to make new highs while price pushes upward
- MACD Histogram: Fading bullish momentum, signaling potential crossover
- Volume Analysis: Decreasing volume on bullish candles, indicating buyer fatigue
- Trendline Resistance: Price reacting to descending trendline from previous swing highs
💬 Trade Narrative
Gold has rallied into a resistance zone but failed to break above 3625 with conviction. The current price structure suggests a short-term correction is likely, especially if price breaks below 3618. This trade is designed for intraday execution, capitalizing on momentum loss and technical rejection. If price breaches 3630 with strength, the setup is invalidated and risk is contained.
Fundamentally, gold remains sensitive to macroeconomic data and interest rate expectations. With mixed signals from global markets and rising yields, short-term volatility favors tactical plays like this one.
📣 Trader’s Note:
Watch for confirmation on lower timeframes before scaling in. If price accelerates below 3615, consider trailing stop to lock in profits. This setup is ideal for disciplined traders who prioritize precision and risk management.
XAUUSD: Market Analysis and Strategy for September 8th.Gold Technical Analysis
Daily chart resistance: 3650, support: 3510
Four-hour chart resistance: 3650, support: 3577
One-hour chart resistance: 3620, support: 3589
Gold News Analysis: Gold entered a bullish consolidation phase during the European session on Monday (September 8th), breaking above 3600 and currently trading around $3616/oz. Last Friday's US NFP employment report showed only 22,000 jobs added in August, significantly below market expectations. Furthermore, revisions to previous data showed a decrease of 13,000 jobs in June, the first monthly decline since December 2020, indicating deteriorating US labor market conditions. The market is currently gauging the magnitude and likelihood of a Federal Reserve rate cut in September. Furthermore, market participants believe the Fed is more likely to cut three times before the end of the year, which is driving gold prices higher. The market now looks forward to the latest US inflation data later this week for fresh momentum.
Gold Trading Recommendations: Based on current market analysis, support is expected to be near the 3589-3600 level on the one-hour chart, with the highest retracement support near 3577 on the four-hour chart. Upward pressure is expected to be near the 3620-50 level. The 3600/3589 level is the short-term dividing line between bulls and bears. If the one-hour chart stabilizes at this level, continue to buy on dips and be bullish.
BUY: 3600near
BUY: 3589near
BUY: 3577near
Gold Hits Record $3,625 – Bulls Eye 3,636/3,650Gold – Overview
Gold surged to a record high at $3,625, following weaker U.S. hiring data that fueled demand for the safe-haven asset. Momentum remains strong, with traders watching if there’s more room to the upside.
Technical Outlook:
📈 Bullish scenario: As long as price trades above 3,612, momentum favors a move toward 3,636. A confirmed stabilization above 3,637 would extend the rally toward 3,650.
📉 Bearish scenario: A confirmed 1H close below 3,612 would trigger a correction, targeting 3,600 → 3,580.
Key Levels:
Pivot: 3,618
Resistance: 3,636 – 3,650
Support: 3,612 – 3,600 – 3,580
Bias: Bullish above 3,612; bearish correction only if price closes below this leve
previous idea:
GOLD (XAUUSD): Updated Support & Resistance Analysis
As a bull run continues on Gold,
here is my updated support and resistance analysis.
Resistance 1: 3645 - 3655 area based on 3650 psychological level
Resistance 2: 3695 - 3705 are based on 3700 psychological level
Support 1: 3559 - 3580 area
Support 2: 3511 - 3520 area
Support 3: 3489 - 3500 area
The price is now heading toward Resistance 1.
It looks like it will be reached 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.
S&P500 | 100 year bullish channel | GTradingMethodHello Traders - Happy Monday!
I thought this was a very interesting perspective on S&P500.
What they don’t want you to see... 👀
The S&P has been moving inside a bullish channel for nearly 100 years (since 1925).
Right now, price is breaking out of that channel but is it fakeout?
If it’s a fakeout, the implications are huge: we could be looking at a 70% drop back to the bottom of the channel.
⚠️ Chart is on the monthly timeframe with a logarithmic scale.
What do you think — breakout or fakeout? Very keen to hear all your thoughts
#TradingLife
SIL ETF US- Silver Miners Mid Term ideaFollow us and don't miss a next idea on global markets
According to Mining Visuals Silver deficit is expected of 118 million ounces. At the same time strong industrial demand - driven by solar, electronics and green technologies.
Historically, mining stocks outperform the growth rates of the metals themselves. This hypothesis is confirmed by the fact that, starting in 2024, ETF SIL (silver miners) has outperform the metal itself.
From a technical point of view, ETF SIL has emerged from a long-term consolidation and there is a high probability of growth to the $80.
Gold (XAU/USD) –> Two Scenarios Hello guys!
Gold has been moving strongly inside an ascending channel on the 1H chart, showing consistent bullish momentum. Price is currently testing a key resistance area around $3,585 – $3,590. From here, one of two scenarios is most likely to play out:
Scenario 1: A short-term pullback toward $3,563 support, followed by a bounce that could fuel another leg higher. target will be near $3,630 – $3,650.
Scenario 2: A short-term pullback toward $3,580 support, pushing price toward the upper channel resistance near $3,630 – $3,650.
Both scenarios remain bullish as long as gold trades above $3,560. Only a clean break below this level would weaken the structure.
Overall, gold is set for further upside; the path depends on whether we see a retest first or an immediate breakout.
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Silver uptrend sideways consolidation supported at 4067The Silver remains in a bullish trend, with recent price action showing signs of a consolidation within the broader uptrend.
Support Zone: 4067 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 4067 would confirm ongoing upside momentum, with potential targets at:
4181 – initial resistance
4224 – psychological and structural level
4260 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 4067 would weaken the bullish outlook and suggest deeper downside risk toward:
4042 – minor support
4014 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the Silver holds above 4067. 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 uptrend continuation breakout support at 3573The Gold remains in a bullish trend, with recent price action showing signs of a breakout within the broader uptrend.
Support Zone: 3573 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 3573 would confirm ongoing upside momentum, with potential targets at:
3645 – initial resistance
3670 – psychological and structural level
3705 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 3573 would weaken the bullish outlook and suggest deeper downside risk toward:
3542 – minor support
3510 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the Gold holds above 3573. 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.