The price has not peaked yet, will the adjustment continue upwarGold plunged sharply in the European session. Is the bull market over? It's too early to say the bull market is over. The price is merely adjusting, a common phenomenon in recent market conditions. Adjustments can occur quickly in a single day, and the last one ended in less than two days. It's time to patiently wait for the correction before continuing to buy gold.
Gold prices are already very high, so each correction can fluctuate significantly. Once a correction occurs, it could cause market confusion and lead many traders to believe the bull market is over.
But it's not over yet. A pullback in gold still presents an opportunity to go long. Barring any significant negative news, the price will continue to rise after the correction. In the short term, gold will focus on the support near 4090. If gold continues to successfully build a double bottom in the 4090 area, then the short-term adjustment of gold will end and a new round of rise may begin.
Trading strategy:
Buy in batches between 4100 and 4090, with a stop loss at 4080. Profit range: 4130-4140-4150.
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Gold breaks through 4100. What's the target?Gold finally broke through 4100, which is also what we said earlier that breaking through 4100 is a high probability event. Gold finally broke through and stabilized above 4100, so the next target of gold is 4200?
Gold is still in a bull market now, and any decline basically provides an opportunity to go long. Gold continues to break upward in the US market, and the atmosphere of gold bulls is very strong. Gold has broken through and stabilized above 4100, so the next target of gold will be higher.
In terms of daily chart structure, gold is currently in a state of top divergence for a long period of time. It is impossible to determine how long this state will last. We can only pay attention to unpredictable changes in fundamental sentiment. Currently, gold is significantly off its technical trajectory. Under the influence of various market factors, gold's bullish trend remains unwavering. This is undeniable. Therefore, this week's trading will continue to focus on buying on pullbacks.
Trading Strategy:
Establish long positions in batches when the price falls back to 4115-4105, with stop-loss orders below 4100. Profit range: 4130-4140-4150.
Gold continues to rise. Bulls and bears clash.Last week, gold prices intensified risk aversion amid Trump's tariff policy. Subsequent rhetoric of peace has tempered risk sentiment, but gold prices haven't fallen. Gold opened the week stronger, hitting new all-time highs. Currently, the market's gains are primarily due to a lack of bearish catalysts, allowing prices to rise by inertia.
From an information analysis perspective, as the Federal Reserve continues its dovish policy response, real interest rates may continue to decline, which will support the long-term upward trend of gold.
At present, gold is still rising slowly, breaking through highs continuously, and the upward trend is still continuing. It is still unknown whether it can break through 4100. The first retracement point that can be seen at present is 4060. If it unexpectedly falls below, it will test the 4030 line, but it seems a bit difficult at the moment.
The 1-hour moving average continues to diverge upward, and gold bulls still have upward momentum, but we need to pay attention to the correction after the price surges. The overall strong upward trend of the hourly line has not changed. There may be small fluctuations in the short term, and you can try to enter the market operation. The short-term resistance level is temporarily focused on the 4100 mark, and the support level is around 4060.
Trading Strategy:
Go long on a pullback near 4060, with a stop loss at 4050. Profit range: 4085-4090-4100.
Short around 4095, with a defense at 4105. Profit range: 4070-4060-4050.
Risk aversion is intensifying. Is the rally accelerating?In early Asian trading on Monday, gold continued to rise, rising 1% at one point to a record high of $4,060 per ounce. Due to the tense international trade situation, escalating geopolitical risks, expectations of a Federal Reserve rate cut, and political turmoil in many countries, the safe-haven demand for gold remained high. As a non-interest-bearing asset, gold has once again proven its status as the "king of safe havens" amidst uncertainty shrouding global markets.
Gold is currently maintaining its trend, with a strong bullish structure intact, and has seen eight consecutive weeks of gains on the weekly chart. From a technical perspective, the RSI indicators on the daily and weekly charts have both reached 80, indicating overbought conditions. However, the daily MA10/7-day moving averages continue to open upward and gradually move up. After several rounds of adjustments last week, the market finally closed above the 5-day moving average of 4,000.
Technically, gold remains primarily bullish on dips, but be wary of sharp pullbacks after overbought levels. Recent market volatility is significant, so strict risk management is essential when participating in the market, and opportunities for entry during pullbacks are crucial.
Trading Strategy:
Long around 4025, stop-loss at 4015, profit range 4060-4080;
Short around 4080-4085, stop-loss at 4095, profit range 4040-4020;
Gold is fluctuating slightly. Watch the market.Gold has been quite active recently, entering a pullback and correction mode. On the daily chart, it's almost forming a high-level engulfing pattern. Therefore, today's close is crucial. Whether it continues to decline, remains volatile, or rebounds strongly upwards will be crucial for future trends.
In the 4-hour level, the price temporarily maintains a narrow range of oscillation and repair, and the price is under pressure at 4010. The moving average trend at the 1-hour level tends to be flat, and there are signs of moving downward. The K-line begins to slowly break through the short-term moving average and maintains a weaker trend. There is potential for further downward correction in the late trading session, with continued strong support at 3950.
Gold Trading Strategy:
Go long on gold at 3970-3960, with a stop-loss at 3950 and a profit range of 4015-420.
Gold is unpredictable. Stay vigilant.Gold plummeted over $100 on Thursday, its largest single-day drop since May 12th of this year. This, in itself, will have a certain dampening effect on gold bulls. The decline is a technical correction. However, caution is advised: since gold has experienced a sharp drop, its short-term strength will not be as strong as at the beginning of the week. Therefore, there are two possible scenarios for gold's trend: a high-level oscillation within the bullish trend, or a volatile pullback before a rebound. For short-term trading, it is best to go long on dips and be bullish.
From a technical perspective, although the price has experienced multiple pullbacks, it is still trading above 3900. A trend change is possible only if it falls below 3900. The short-term Bollinger Bands on the 4-hour level are closing, and it may fluctuate at a high level for a while.
The current trend is consistent with my earlier prediction: a rebound followed a pullback to 3970. The price also briefly broke through 4020 before a brief pullback. If this rebound breaks through $4000 and remains above 4010, upward pressure will likely focus on around 4030.
Trading Strategy:
Buy in batches between 3960-3970, with a stop-loss at 3050. Profit range: 4010-4020.
Short around 4015, with a stop-loss at 4025. Profit range: 4000-3980-3970.
Gold Returns to 4000 — Watch the Next Key Level HereAfter yesterday’s pullback, part of the selling pressure accumulated during the recent rally has been released, allowing gold to regain stability above the 4000 level.
On the 2H chart, the immediate resistance lies around 4012. Although the price has temporarily broken through this level, it’s crucial to observe whether it can hold above 4012 after the pullback. If not, focus on the 4000–3990 support zone below.
Technically, the overall trend remains bullish, with resistance levels at 4024–4028/33, followed by the 4050 area.
For trading strategy, short-term traders can operate within the 3990–4028 range, buying near support and selling near resistance.
If the price climbs above 4040, look for short-selling opportunities. During pullbacks, monitor 4028-24/22 as key support levels for potential long entries.
Gold rebounded. Has it reached its peak?Gold has finally experienced its first pullback, falling from a high of 4058 to a low of around 3944, a drop of over 100 points. This marks the first significant pullback since the recent surge in gold prices. The main reason for the sharp pullback in gold prices is the strong dollar rally following the ceasefire agreement between Israel and Hamas, which allowed investors to take profits. Gold prices continued to fall from their highs, ultimately breaking below the 4000 mark, forming a short-term double top.
Affected by the sharp drop, the price of gold has effectively fallen below the 5-day moving average support, and the short-term moving average support function has become ineffective. After Friday's opening, gold prices traded between the 5-day and 10-day moving averages, entering a transitional consolidation range within the short-term moving average. The 5-day moving average has now turned upward, and the 10-day moving average has crossed the 20-day moving average, indicating a flat trend.
The price has currently rebounded near the lower Bollinger Band, and will remain within the upper middle band in the short term.
Short-term support levels: 3970, 3950.
Short-term resistance levels: 4000, 4015, 4030.
Trading strategy:
Short around 4005, stop loss at 4015, profit range 3960-3940.
Long around 3940, stop loss at 3930, profit range 4000-4010.
Prices fluctuated wildly. Downward pressure persists.On Thursday, the market experienced significant price fluctuations, correcting around 4041.5 before rapidly rising, reaching a high of 4058.2. However, the market reversed during the US trading session. Influenced by news of a ceasefire in the Middle East, prices plummeted below the 4000 mark, reaching a low of 3943.3 before consolidating and closing at 3976.9.
This converging pattern indicates that short-term downward pressure persists.
Short-term Trading Focus:
1. Focus on the 4000 mark. If the price rebounds near this level, consider shorting.
2. After breaking through 4000, consider a final short position at 4020.
Profit targets are 3980-3960. Further declines could target 3945-3920.
A long strategy can start with a small long position around 3945, with a profit range of 3980-4000.
Gold fell sharply. Will there be a strong rebound?Affected by the situation in the Middle East, the market has experienced a deep price correction. This correction is primarily due to news headlines; coupled with gold's recent upward trajectory, reaching new highs, most traders are taking profits.
After hitting a low near 3945, the price has experienced a slight rebound.
The 1-hour chart shows that the MA5 and 10 moving averages show signs of crossing upward, while the MA20 and 30 moving averages turn downward, but the trend is relatively smooth; after the price pulls back and touches the lower track of the Bollinger band, although it rebounds slightly, it is still trading in the middle and lower tracks.
In the short term, pay attention to the 3990 resistance level. After breaking through, the price may rebound sharply and reach above the 4000 mark. Quaid recommends a light long position between 3940 and 3950, with a profit range of 3980 to 4000.
If the upward resistance level cannot be broken for a long time, the price will likely correct again, accumulating momentum and waiting for new catalysts to guide the market's new trend.
Gold is experiencing a pullback. Trend Analysis.Spot gold fluctuated and weakened in early Asian trading on Thursday, falling nearly 1% to near the $4,000 mark, hitting a low of $4,001.33. However, it quickly rebounded above $4,020, buoyed by buying. On Wednesday, gold prices not only broke through $4,000 for the first time, but also hit a new all-time high of $4,059.07, driving silver prices to a record closing high.
However, just as the rally was in full swing, a sudden turn in the Middle East geopolitical situation—a ceasefire agreement between Hamas and Israel—quickly cooled market risk aversion, leading to a pullback in gold prices on Thursday. This warrants investor caution. Investors should monitor further news on the Middle East situation and shifts in risk aversion, wary of the possibility that this factor could prompt more long-term profit-taking, triggering a deeper correction in gold prices. They should also be mindful of any dip-buying support.
After Wednesday's rally, gold reached a high near 4059. It reached a high during the consecutive Asian and European sessions, then retreated slightly in the US session, reaching a low near 4000, consistent with the previously analyzed strategy of buying on dips to key levels.
In the short term, maintain a bullish long position, with 4000 as a defensive level. Focus on the previous high of 4060. If it doesn't break, take short-term profits. If it does, the market could potentially head towards 4100 or even higher.
In addition, keep an eye on Thursday, which could be a turning point this week, potentially leading to a sweeping decline.
Overall, the short-term operation strategy for gold is to focus on the 4050-4060 resistance, and the short-term support below is 4000-3990.
Strategy:
Go long near 4010, with a stop-loss at 4000. Profit range: 4650-4060.
Continued adjustments. Follow the trend.Gold started a steady rise right after the Asian market opened on Wednesday, reaching a high of around 4058.
In the recent market, the bulls have become completely numb to the repeated record highs. In the early stage, the market thought that the integer level of 4000 might form a certain suppression and achieve a callback effect; the fact is that this integer level has no resistance, which also makes the market refresh our cognition. On Wednesday, the U.S. market was trading sideways at a high level. After retreating to around 4026 in the European market, it continued to rise, and the upper pressure position continued to rise.
The moving average system is intact. After a pullback near 4000 in the early Asian session, it continued to rise.
The 4-hour chart shows that the market is in a period of consolidation and correction at a high level, with prices temporarily under pressure near 4050. Currently, the short-term moving average continues to show signs of slight downward divergence, suggesting a consolidation and correction in the short term. The 1-hour chart shows that after a period of narrow range fluctuations, the technical pattern is gradually adjusting. There may be some room for a short-term rebound, but the momentum will be relatively small.
Trading Strategy:
Go long on a pullback to around 4025, with a stop loss at 4015 and a profit range of 4050-4060.
10/8: Watch Resistance at 4050, Short First Then Go LongGood afternoon, everyone!
Driven by global economic and geopolitical uncertainties, as well as strong market expectations for further Fed rate cuts, gold has surged past the 4000 mark today, setting a new all-time high.
From a weekly perspective, the bullish momentum remains intact, and the uptrend still has room to extend. In the short term, some profit-taking and selling pressure after reaching new highs are normal technical corrections.
If the price climbs to the 4040–4050 range, pay close attention to the 4010 level as potential support during any pullback. If gold trades below 4030, the main support area can be referenced around 4000–3986.
Overall, the medium-term outlook remains bullish. For intraday trading, consider a buy-low, sell-high approach within the 4050–4011 or 4030–3992 range. However, if the price breaks above 4050 decisively, avoid chasing longs and instead look for potential short opportunities.
10/9: Sell Orders Above 4050 Profited, Watch Support Around 4000In yesterday’s session, we clearly indicated that if gold breaks above 4050, traders should look for short opportunities — and this move has indeed delivered impressive profits.
At present, the price is testing the 30-minute chart support area, though it is relatively weak. The key support zone lies on the 1-hour chart, around 4000–3990.
From a strategic perspective, if the rebound fails to break above 4038, it signals weakening bullish momentum. In this case, selling near the highs remains the preferred approach while monitoring support around 4011–4000. If the support holds, short-term buying opportunities may arise.
Be cautious when heavy selling pressure appears — close short-term positions promptly. Traders may choose to adopt a scalping approach for quick profits or consider a medium-term long position, though the latter requires stronger account capacity and risk tolerance.
Gold faces a correction. Latest analysis.Analysts at Rabobank stated in a report that while threats to the Federal Reserve's independence have diminished the dollar's luster, it remains a major safe-haven asset, along with gold. The recent rise in gold prices has raised questions about the dollar's role as a safe-haven asset, she said. While the dollar faces risks, the depth of the US capital market means investors will be reluctant to abandon the greenback if geopolitical risks intensify.
Gold experienced a volatile upward trend on Wednesday, stabilizing above 3985 before gradually rising, reaching a high of 4060 before retracing. Gold bulls are performing very strongly and are currently experiencing a volatile adjustment. If gold continues to rise, there is further room for growth. The lower support level will focus on around 4020, and further downward support will focus on the defensive price of $4,000. If the correction falls below 4,000, it means that the degree of retracement will be large, so stop loss in time and wait for the retracement to be completed.
Overall, Quaid believes that gold remains in a bullish trend, and despite a minor correction, it is not yet over. Focus on the strong resistance range of 4050-4080 on the upside, and the support range of 4020-4000 on the downside.
Trading Strategy:
Place long orders in batches on a pullback to 4020-4010, with a stop-loss at 4000. Profitable range: 4050-4060-4080.
Gold has no high. Latest Analysis.Since the beginning of the year, driven by global trade tensions, market doubts about the Federal Reserve's independence and policy path, and ongoing concerns about the health of the US fiscal system, international gold prices have surged over 50%, breaking through the $4,000 per ounce mark for the first time in history.
Delays in US economic data due to the risk of a government shutdown have further exacerbated market uncertainty, adding fuel to gold's surging rally.
Technically, gold prices maintain a stable bullish pattern on the daily chart. Although showing signs of fatigue after consecutive surges, no top has been signaled. The 1-hour chart shows that gold prices are moving higher amidst volatility. Any pullback will likely find buying support at key support levels, maintaining the short-term upward trend.
The 4-hour chart shows that although the RSI indicator has entered overbought territory, suggesting the risk of a pullback, prices remain firmly above all moving averages. The bullish alignment of the moving averages provides solid technical support for the upside.
Looking back at Tuesday's performance, the market has demonstrated strong resilience after reaching a record high. The price of gold surged and then fell back to test the support below, and then rebounded quickly. This clearly demonstrates the strong demand for bargain-hunting in the current market.
Overall, the overall upward trend in gold prices remains solid. In terms of operating strategy, it is recommended to arrange long orders after a callback. In the short term, focus on the resistance level of 4040. If it is successfully broken, resistance will shift to the 4050-4070 range. The short-term support below will first focus on the $4020 to $4010 support, and the more critical defensive level is around $4000. Any pullback toward this support area could provide an opportunity for a new round of long entry.
Strong momentum. Watch key levels.Gold prices hit a new high on Tuesday. After a pullback to around 3940 in the European session, they continued their strong upward momentum, reaching a new high at 3985 before retreating slightly.
On the 1-hour chart, after a pullback in the European session that touched the lower Bollinger Band, prices rebounded strongly, rising straight up to reach a new high and currently trading near the upper band. The moving average system crosses upward, and the price continues to create new highs along the MA5 moving average.
The key position to focus on in the short term is the 3960-3965 area, which is the intersection of the MA10\20 moving average and the middle track of the Bollinger band. Therefore, if gold bulls continue to gain momentum, a correction will not likely fall below 3960. As long as the price remains above 3960, and after reaching 3980, resistance at the 4000 mark will be minimal.
Quaid recommends watching the 3960 area and entering a long position as soon as it stabilizes above 3960. The high point position focuses on the 4000 integer mark.
Gold is rising strongly. Here's the analysis.From a technical perspective, gold's cyclical trend is bullish. The daily chart has successfully broken out of its previous narrow range, with prices steadily rising along the short-term moving average. The next key factor will be whether a secondary rally can be launched after retracing to the 3900 support level. While the 1-hour chart remains strong, with limited pullbacks, prices continue to rise, but caution is warranted regarding the risk of a pullback after a rapid surge.
Based on the current technical pattern, a short-term bullish outlook is maintained, but a buy-on-dip strategy should be prioritized. Gold prices strongly broke through the previous key resistance level of 3900 in early Asian trading, which has now become a significant support level. An ideal long position would be to wait for prices to fall back to around 3915. If this area finds effective support and signals of stabilization emerge, this would be a relatively safe entry point.
As for upside targets, the primary focus is on the 3960 resistance level. A successful breakout would open up potential for higher prices. It's important to emphasize that when market sentiment is euphoric and prices continue to rise, volatility intensifies, significantly increasing the risk of chasing the rally. From the overall trend, the medium- and long-term upward momentum of gold still exists, but technical corrections need to be handled with caution in the short term. The core strategy is to rely on key support to find low-long opportunities.
10/2: Possible Double or Multiple Bottom, Key Support Near 3826Good evening, everyone!
Today, gold faced resistance and pulled back when it approached the 3900 level—something I had already reminded you of yesterday. Key support remains at 3848–3842, with stronger support at 3826–3814. Those who followed my trading guidance captured this move very well, and I believe some of you who only followed the strategy also made profits—congratulations to all of you!
Currently, the market is in a recovery phase after a sharp drop. On the rebound, pay close attention to resistance around 3852–3858 and 3867. The probability of a straight, one-way rally is low. I tend to believe the market is forming a multi-bottom structure here, which would give the next upward move more strength and a higher chance of testing—or even breaking above—3900. So, if the price pulls back before touching resistance or retreats after an initial test, there’s no need to panic—just stay alert for opportunities.
Another key point: on the 4H chart, important support has now shifted upward to around 3826. This level is critical—if it breaks, strong bearish sentiment could form on the 4H chart, potentially driving prices below 3800, with the next key support near 3780.
No matter how the market moves, as long as we keep pace with the rhythm, it’s always an opportunity to profit. The bigger the volatility, the higher the potential gains.
Gold breaks below support. Is a bottom in sight?The US government shutdown delayed the release of several key economic data, including Friday's non-farm payrolls report, leading to the ADP report on Wednesday having a greater impact on the US bond market than usual. Market analysts believe that if the prolonged shutdown harms the economy, the government shutdown itself could further fuel market expectations of lower interest rates. The ISM data released on Wednesday also reinforced the impression of a weakening US economy. Most market participants now expect the Fed to cut interest rates by 25 basis points this month, with a probability exceeding 90%.
Gold traded in a narrow range on Thursday, reaching a high near $3897 before pulling back, indicating strong resistance above. The breakdown below the recent high suggests that gold may continue to decline.
In summary, Quaid believes that after a recent rally, gold is now facing selling pressure. For short-term trading, consider selling on rallies, with key resistance at $3850-3855 and support at $3820-3810.
Trading Strategy:
Sell at $3850-3860, stop loss at $3870, target $3830-3810;
Buy at $3815, stop loss at $3805, target $3840-3850.
Waiting for a trend? A continued rise?In early Asian trading on Wednesday, prices rallied before retracing several times, providing continuous confirmation of bullish entry opportunities. Prices surged sharply around the European session, accelerating past the highs and encountering short-term resistance below the 3900 mark. The US ADP data, released below previous expectations, failed to drive price gains, suggesting the market may test support levels in the short term.
Gold prices are currently fluctuating around 3865. Bulls are focusing on $3850, which has become effective support. Go long immediately upon reaching this target. If prices successfully rise from around 3850 and stabilize above 3875, bulls will likely continue their push towards the 3900 mark on Thursday. Conversely, if prices fail to hold above this level, prices are likely to develop a shoulder-top pattern and experience a short-term correction.
Trading strategy:
Go long in the 3850-3855 area, with a stop-loss at 3840 and a profit target at 3875. Break through 3875 and stabilize in the European session, then go back to 3870 to cover the position, with the profit target at 3900.
Gold continues to make new highs. Watch for key support levels.With the government shutdown, data collection and reporting by federal agencies may be delayed or suspended. Therefore, employment and inflation reports scheduled for release in the coming days may not be published, creating uncertainty and fueling a flight to safety.
Since the start of this week, gold has essentially set new all-time highs almost daily. While there have been significant pullbacks, they have been short-lived, and gold has rebounded to new highs. The surge in gold suggests that pullbacks are merely opportunities to buy.
On the 1-hour chart, after reaching its all-time high of 3895, gold's momentum has slowed. The moving average system is flattening out, and after several attempts to break below support, gold has rebounded. In the short term, there is strong support below, with the lowest point reached at 3856. As long as gold doesn't break below 3856, it is likely to continue its strong upward trend.
Trading Strategy:
Buy at 3855, stop loss at 3845, target profit range: 3880-3890-3900.
Gold Hits New Highs; Can It Break Through 3900?This week, key economic data releases to watch include the US ADP employment report, the ISM Manufacturing PMI, and the crucial September non-farm payrolls report. If data continues to show a slowdown in the U.S. economy, it will reinforce expectations of a rate cut by the Federal Reserve, which will be good for gold.
While an October rate cut is highly anticipated, any clues about the future path of interest rates could cause market volatility.
On Wednesday, gold generally showed a volatile upward trend, breaking through a new all-time high in early Asian trading, reaching a high of 3895.37. The 3900 level seems unable to halt the price's upward momentum. From the perspective of technical indicators, the 1-hour chart shows that the price rebounded on Tuesday and touched the lower track of the Bollinger Band, and then rose strongly to a new high of 3875. The moving average system is arranged in a straight line upward, and the momentum of gold bulls remains abundant.
The 4-hour moving average shows a golden cross bullish arrangement, the price remains above the 5-day moving average, the gold price is above the middle Bollinger band, the gold bulls are strong and remain unchanged. In the short term, pay attention to the MA10 moving average position of 3870-3875 area. You can still go long when the price pulls back to this position.
Trading Strategy:
Buy around 3870, with a stop loss at 3860. Target profit range: 3890-3900. Hold the position if it breaks above 3900.






















