Analysis of gold price trends next weekShort-term catalyst: Risk disturbances and technological stabilization form a synergy
Geopolitical "tail risks" continue to escalate: The escalation of US sanctions against Russian energy giants, the intensification of competition in the technology sector between China and the US, coupled with the 23-day government shutdown crisis in the US, have continuously fuelled market risk aversion. What is even more alarming is that the new restrictions in the Russian energy sector have spilled over to the transportation costs of commodities, and if this potential risk unfolds, it will rapidly drive funds into gold.
Stabilization after sharp decline validates support strength: On October 21, the spot price of gold in London dropped by more than 6% from its historical high of 4,381 US dollars, approaching the 4,100 US dollar mark, but then rebounded rapidly. On October 23, the intraday gain was over 1.27%, recovering most of the lost ground. This "sharp decline without collapse" trend fully confirms the strong support effect in the 4,000-4,100 US dollar range and also reflects the market's recognition of the long-term value of gold.
Technical aspect presents "strong consolidation" characteristics: The daily chart shows that after the price decline, it still operates above the middle band (3,964.72 US dollars) of the Bollinger Bands, without disrupting the upward trend; the RSI indicator has dropped from the overbought zone to the middle-high level of 58.19, which is a healthy "cooling without breaking through". Currently, the price is in the stabilization stage after the correction, and as long as the key support is held, the second upward attack momentum will gradually accumulate.
Trading strategy for gold next week
xauusd @buy4040-4060
TP:4110-4150-4200
Xauusdanalysis
Gold - The most obvious top!🪙Gold ( TVC:GOLD ) will reverse soon:
🔎Analysis summary:
After we witnessed a major breakout back in 2024, Gold has been rallying about +120% ever since. However, Gold is now approaching a monster resistance trendline of the long term rising channel. It is really just a matter of time until Gold will create its official top.
📝Levels to watch:
$4,500
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
Gold Breakdown Alert! Bears Aiming $3980 NextGold is currently showing a descending triangle / bearish channel pattern on the 15-minute chart. After testing the upper trendline resistance around 4113–4115, price has started to reject, indicating potential downward pressure.
The trendlines show clear lower highs and lower lows, confirming a short-term bearish structure. Volume is also decreasing on upward moves, suggesting weakening buying momentum.
📉 Trade Setup (Scalping / Intraday)
Signal: 🔻 SELL XAU/USD below 4105
Entry Zone: 4105 – 4110
Target 1: 4050
Target 2: 3980
Stop Loss: 4135
Risk/Reward Ratio: ~1:2
⚙️ Technical Indicators
Trendline Resistance: 4115
Support Zone: 4050 / 3980
Momentum: Bearish bias
Structure: Lower highs forming under descending resistance
💬 Analyst View
Gold may continue its short-term correction phase if it fails to hold above the 4110 resistance zone. A breakout below 4100 could trigger a fresh wave of selling pressure targeting the 4050 area initially.
If bulls reclaim 4135, this analysis becomes invalid and could shift bias to neutral.
XAUUSD – CPI Cools, USD Weakens, and Gold Regains MomentumMarket Overview:
Gold has regained bullish traction after the latest US CPI report showed softer inflation data, leading to a weaker USD and renewed buying across metals.
CPI figures came in below market expectations (Core CPI 0.2% vs 0.3%, CPI m/m 0.3% vs 0.4%, CPI y/y 3.0% vs 3.1%), signalling lower inflation pressure and reinforcing bets that the Fed will stay dovish heading into November.
As a result, gold bounced strongly from the 4,050–4,058 support zone, reclaiming key structure levels and stabilising above 4,100 USD/oz.
Market sentiment remains risk-sensitive, but the short-term tone favours further upside correction, as long as gold holds above the trendline and liquidity support zones highlighted on the chart.
Technical Outlook (H2):
The market structure suggests gold has completed its correction phase and is attempting to form a new bullish leg.
Price action shows a clean rejection at the 4,050 liquidity base, and the next immediate objectives are the 4,211 neckline and 4,260–4,342 supply zones.
Key Technical Levels:
Support / Buy Zone: 4,058 – 4,002
Liquidity Sweep Zone: 3,930 – 3,940
Resistance / Neckline: 4,211
Sell Zone Reaction Fibo: 4,260 – 4,342
Trading Plan – MMFLOW View
🔹 BUY Zone #1 (Continuation Play)
Entry: 4,058 – 4,050
Stop Loss: 4,035
Take Profit: 4,155 → 4,211 → 4,260
🔹 BUY Zone #2 (Liquidity Sweep Scenario)
Entry: 4,002 – 3,930
Stop Loss: 3,915
Take Profit: 4,058 → 4,155 → 4,211
Ideal setup if price retests liquidity before CPI-induced recovery continues.
🔹 SELL Zone(Reaction Trade)
Entry: 4,260 – 4,342
Stop Loss: 4,355
Take Profit: 4,211 → 4,100 → 4,058
Weekly Bias & Summary:
With CPI cooling and the USD losing momentum, gold’s structure points to a recovery phase, possibly extending into Wave III of the medium-term cycle.
However, the 4,211 neckline remains the key pivot — a breakout above this zone could trigger momentum extension toward 4,260–4,340, while a rejection may result in another range-bound pullback.
🟡 MMFLOW Bias: Bullish while above 4,050 — dips remain opportunities to buy.
Macro tone favours risk-on rotation, supporting gold’s upside into next week.
📊 Do you think gold will break 4,211 for the next bullish leg, or is another correction incoming before the real move?
👉 Follow MMFLOW TRADING for daily institutional updates and Smart Money Flow structure.
XAUUSD (Gold) seeking $4,000 region?As my H4 chart shows, gold did make a double top a few days ago and then crashed. You can give credit for this massive 3,800 points move to profit taking or economic uncertainty or any technical reason, maybe a combination but it really does not matter.
What does matter is that we now have a double or triple top indicating that we have more room to the down side. I am seeing a medium term bearish move followed by a consolidation and now it may be that we will get a breakout (to the down side) to give us a bearish continuation.
How far will we go? I have no idea but the round number 4,000 followed by 3,950 do make sense. If all this works out as I anticipate, it may be a good idea to close a partial position, move the stop to a level of small profit and then trail the price action.
This is not a trade recommendation; it’s merely my own analysis. Trading carries a high level of risk so carefully managing your capital and risk is important. If you like my idea, please give a “boost” and follow me to get even more.
Review of Gold's Performance This Week📝This week, the gold market experienced severe volatility, showing an overall trend of a sharp decline followed by a volatile rebound. The details are as follows:
📈Price Movement:
On Monday, gold prices fluctuated between 4,218.32 and 4,354.88.
On Tuesday, gold plummeted by 6.3% at one point, marking the largest single-day drop since April 2013.
On Wednesday, it continued to fall, hitting a low of 4,003.43.
On Thursday, gold fluctuated within the range of 4,065.47 to 4,154.52.
On Friday, gold prices fell again, dropping below 4,060 at one stage with an intraday decline of over 1%, and finally closed at 4,110.55.
💡Influencing Factors:
✔The main reasons for the sharp volatility in gold prices this week include the following:
After a rapid rise in early stages, gold was in an overbought state, creating technical correction pressure. Meanwhile, investors had a strong sentiment to take profits, leading to a large number of sell-offs.
✔In addition, the cooling of risk aversion, the strengthening of the U.S. dollar, and the fact that Federal Reserve officials entered a blackout period ahead of the interest rate decision that are resulting in a lack of remarks supporting interest rate cuts in the market also reduced the appeal of gold.
✔However, factors such as the ongoing U.S. government shutdown, geopolitical tensions, and market expectations for further interest rate cuts by the Federal Reserve provided certain support for gold prices.
💎Outlook for the Future:
From a technical perspective:
If gold breaks through 4,161, it may pave the way for a test of 4,200. If it continues to rise, traders may push gold prices above 4,250, or even target 4,300 and higher record highs.
But if gold falls below 4,040, the next target will be the October 22 low of 4,004.
XAU/USD: Bullish Rally to 4225?OANDA:XAUUSD is priming for a bullish rally on the 1-hour chart , with price pulling back to a critical support zone after a sharp decline, forming a potential reversal point as buyers defend against further downside amid overall uptrend signals. This setup highlights a classic dip-buy opportunity near the confluence of support and recent lows.
Entry zone between 4007-4037 for a long position. Target at 4225 near the resistance zone for attractive upside potential. 📊 Set a stop loss on a close below 3991 to manage risk effectively. 🌟 Keep an eye on confirmation through a bullish engulfing pattern or increased volume pushing above the entry, leveraging gold's volatility in response to USD movements.
Fundamentally , today's US Initial Jobless Claims and Existing Home Sales data could introduce volatility to gold and the dollar—Jobless Claims are forecasted at around 233K, while Existing Home Sales are expected near 4.00M, potentially strengthening USD if figures beat expectations and pressuring gold prices. 💡
📝 Trade Plan:
✅ Entry Zone: $4,007 – $4,037 (buy zone near support)
❌ Stop Loss: Close below $3,991
🎯 Target: $4,225 (resistance zone / take-profit area)
💎 Risk-to-Reward: More than 1:4, offering a strong technical edge.
What's your outlook on this trade? Share below! 👇
Gold: Double Bottom or Five-Wave Decline?After rising to the MA60 area on the 4-hour chart, gold faced significant selling pressure, and the price has now pulled back to around 4050, which lies near the short-term support zone. Over time, the MA20 support on the daily chart has moved up to around 4055, while the MA30 currently sits near 3942.
On the 1-hour chart, the downtrend appears not yet complete, so pay attention to the next two closing candles. For now, key support levels to watch are 4014–4000, followed by 3978–3937.
If the price stabilizes around 4000, a double-bottom pattern could potentially form. However, if it falls further toward the MA30, a head-and-shoulders pattern may come into play. In case the rebound fails to break above resistance, be cautious of a five-wave decline, as that could trigger another sharp correction, with a high likelihood of filling the gap near 3887.
In terms of trading strategy, the focus should still be on finding buying opportunities.
For medium-term setups, you can hold positions patiently; for short-term intraday trades, pay close attention to the key supports mentioned above, and use the MA20/60 on the 30-minute chart as reference points for resistance.
Analysis of the trend of gold next weekCurrently, the gold market is in a stage of "shock - upward movement driven by news". Although there is a battle between bulls and bears at the $4112 level, the upward opportunities next week are more worthy of attention. It is necessary to lay out in line with the trend and strictly control risks. The specific strategy is as follows:
I. Core Logic: Key Factors Influencing the Gold Price Trend Next Week
1. **The medium - and long - term support foundation remains intact**: The Federal Reserve has already started the interest - rate - cutting cycle. Judging from the meeting minutes, officials tend to gradually continue to loosen policies. As a result, the cost of holding gold is getting lower and lower, and its attractiveness is naturally increasing. Moreover, global central banks are still continuously buying gold. This long - term and large - scale buying can underpin the gold price, making a significant decline highly unlikely. In addition, the output growth rate of the world's top ten gold - mining enterprises has only been 1.8% in the past three years, and the problem of tight supply will also support the price in the long term.
2. **Short - term positive signals are increasing**: There are new signs of tension in the Middle East situation. The Houthi militia in Yemen has attacked the cargo ships in the Red Sea, resulting in 18% of the world's container ships changing their routes, and the shipping costs have soared. The market's safe - haven demand has significantly rebounded. Once such geopolitical risks ferment, they will drive funds to flow into gold. At the same time, the gold price rebounded after falling to around $4000 this week, indicating that the buying support at low levels is very strong, and much of the previous pullback pressure has been released.
3. **Key events next week will determine the direction**: The market is closely watching the changes in relevant news. Whether it is the new dynamics of the Middle East situation or the policy signals from the Federal Reserve, they will directly affect the gold price trend. Judging from the recent fluctuations, as long as the support near $4000 is not broken, the possibility of an upward trend is greater than that of a downward trend.
Trading strategy for gold next week
xauusd @buy4040-4060
TP:4110-4150-4200
4H see W shape. Support is not broken and it is still bullish.Although gold has experienced a temporary pullback today, we remain bullish as long as the price remains above the upward trend line. While the hourly chart shows a downward trend, with moving averages diverging downward and technical indicators like the MACD forming a death cross, it appears that bears have regained control of the market in the short term.
But from the 4H perspective, if the short-term decline continues and it can effectively rebound after touching the trend line and move out of the W-shaped structure, then gold will be expected to hit the 4135-4145 pressure again, and then gradually hit the 4160, 4200 and other periodic resistance levels until the bulls return. As time goes by, the support points on the short-term trend line are constantly moving up. If it falls back to 4050-4035, try to go long on gold in batches with light positions, and the target is 4090-4130.
OANDA:XAUUSD
Elliott Wave Analysis – XAUUSD (October 24, 2025)
1️⃣ Momentum
D1 Timeframe:
• D1 momentum is closing within the oversold zone → bearish strength has clearly weakened.
• The probability of a bullish reversal is now very high.
• A strong bullish D1 candle close is needed to confirm the reversal.
• Once confirmed, price may enter a 5-day bullish rally.
H4 Timeframe:
• H4 momentum is still declining.
• If the current H4 candle closes as it is now, we may see a main bearish move today (around 5 H4 candles).
• Since today is Friday, a deeper decline remains possible.
→ Therefore, careful observation and analysis are required before entering any trades.
H1 Timeframe:
• H1 momentum continues to decline.
• Price may drop toward the 4098 liquidity zone.
• If this level breaks, the next potential target is 4050.
________________________________________
2️⃣ Wave Structure
D1 Structure:
• Price has been moving sideways for several days.
• In Elliott Wave theory, when price reaches its target, it often needs time symmetry before the wave completes.
• Therefore, this prolonged sideways phase helps maintain time balance.
• It’s still too early to confirm whether this is yellow Wave 4 or just Wave 4 within yellow Wave 3.
H4 Structure:
• There are two possible scenarios:
1. The blue Y wave is still unfolding.
2. The purple Wave 5 has already started forming.
• To determine which scenario is valid, we monitor the current
H4 bearish phase:
o If price does not break the previous low, and H4 momentum enters the oversold zone, it likely indicates purple Wave 5 has begun, with an upside target near 4476.
o If price breaks the previous low, the blue Y corrective wave is still in progress, or a larger corrective structure is unfolding.
o In that case, we’ll watch the lower liquidity zones, with the ideal completion target for Wave Y around 3927.
H1 Structure:
• On the H1 chart, Wave C appears to have completed in the form of an Ending Triangle.
• According to Elliott theory, after an ending triangle, price should drop sharply and quickly.
• However, such a strong drop hasn’t appeared yet, so we continue to observe the price action carefully.
There are two main scenarios to consider:
1. If price declines slowly toward the 4050 liquidity zone, showing overlapping waves while H4 momentum moves into the oversold region, it’s likely that Wave 5 has already started.
→ In this case, we’ll look for buying opportunities.
2. If price falls rapidly and steeply, it suggests that the blue Y wave is still unfolding, or that the market is inside a larger corrective phase.
→ In this case, price may break below 4004, and we will patiently wait for buy setups around 3953 or 3927.
________________________________________
3️⃣ Trading Plan
• Sell Setup:
o Yesterday’s sell zone at 4149 has already reached about +400 pips.
o No new ideal sell zone for now → wait for liquidity breaks to look for the next sell setup.
• Buy Setup:
o Monitor potential buy reactions at:
4050
3953
3927
⚠️ Note:
Price is currently at a sensitive zone, with each candle showing a range over 200 pips.
→ Therefore, limit orders are highly risky at the moment and could easily get stopped out.
Bullish Gold XAUUSD Setup: Breakout, Retest & Trade OpportunityGold is currently bullish and beginning to break market structure 📈. Price is moving toward previous highs, which may act as resistance. Ideally, I’m watching for price to push through these highs, then retest the level for a potential long opportunity ✅.
In the video, I break everything down clearly — including:
📊 Trend direction
🏛 Market structure
💹 Price action
📉 Volume profile analysis
🎯 How to plan the trade step-by-step
⚠️ This is not financial advice — educational purposes only.
Gold Stuck Near $4,100 Ahead of CPI Market Pulse:
Gold is holding steady around $4,100, caught between uncertainty and opportunity as traders brace for the US CPI release and new developments in US–China trade talks.
The yellow metal has paused its recovery from $4,050 → $4,160, while the US Dollar and bond yields edge higher amid renewed geopolitical tension and surging oil prices.
This is the classic “calm before volatility” moment — the market is simply waiting for data to decide the next wave.
If CPI comes in softer or trade talks disappoint, liquidity could flood back into gold, breaking above 4,155–4,160 and opening the path toward 4,215 → 4,261.
But a strong CPI surprise could flip sentiment fast — dragging price back into the 4,056 and 4,018 buy zones, where the next reaction will decide direction.
📊 Technical Outlook (M30)
Price continues to coil within a tight structure between 4,100 – 4,155, forming a “spring compression” right below trendline resistance.
Market flow suggests accumulation beneath 4,100, hinting that liquidity is building before the next expansion.
Key Structure Zones:
Resistance Pivot: 4,154 – 4,155 → Key breakout level
Breakout Support (CP Zone): 4,056 – 4,060
Liquidity Buy Zone: 4,018 – 4,020
Sell Zone (Fibo Reaction): 4,215 – 4,261
🎯 Trading Plan – MMFLOW Style
🔹 BUY PLAN – Reaccumulation Base
Entry: 4,056 – 4,060
Stop Loss: 4,045
Targets: 4,100 → 4,140 → 4,155
Focus on reaction candles & liquidity grab confirmation.
🔹 BUY PLAN – Liquidity Sweep Setup
Entry: 4,018 – 4,020
Stop Loss: 4,005
Targets: 4,056 → 4,100 → 4,150
If liquidity sweeps this zone clean, watch for a sharp recovery flow.
🧭 Summary – MMFLOW View
Gold is in “decision mode”, waiting for CPI and macro catalysts to trigger the next trend.
The structure stays neutral-bullish as long as price holds above 4,056.
A confirmed breakout above 4,155 may unlock a fast rally toward 4,215–4,260, while a break below 4,018 could open the door for one more liquidity flush.
⚜️ MMFLOW Bias: “No need to predict the move — just follow the flow when liquidity confirms.”
📊 Do you expect gold to break higher after CPI, or trap traders before reversing?
👉 Follow MMFLOW TRADING for daily flow-based setups, structure breakdowns, and institutional insights.
analysis for Gold (XAU/USD) based on your 15-minute chart:he chart shows a descending channel (marked by “TRADE LINE”) that recently broke to the upside, suggesting a possible short-term bullish reversal.
A strong resistance zone is visible near 4140–4160, where price has previously rejected multiple times.
The target zone below is marked around 4042.57, which aligns with prior swing support.
Key Levels
Resistance: 4140 – 4160
Support: 4080 – 4060
Target (Downside): 4042
Upside Break Zone: Above 4160 could lead toward 4180+
Analysis Summary
The price broke out of a short-term bearish channel, indicating potential for a bullish correction toward resistance (4140–4160).
However, this zone is critical resistance; rejection here may trigger a pullback back toward 4080 or even the target at 4042.
Momentum indicators suggest the move is reactive (short-term retracement), not yet a trend reversal.
⚙️ Trading Outlook
Bearish Bias: Below 4140 → potential retest toward 4060–4040.
Bullish Confirmation: Only above 4160 → continuation to 4180–4200. MIL:RACE MIL:LDO MIL:STLAM MIL:ENI MIL:STMMI MIL:STMMI MIL:ENEL MIL:MONC MIL:PRY MIL:TIT MIL:FCT MIL:AZM MIL:WBD
Last trading day. Watch for resistance levels.After the CPI data was released as expected, while the results appear bullish for gold, the market reaction was muted, and the price rebound was relatively weak. This is likely because the current gains may have already overdrawn all positive expectations, and the market needs a period of cooling off.
On the 4-hour chart, gold prices rose on the data, returning to a range of fluctuations. The moving averages are showing a relatively flat trend. The 5-, 10-, and 20-minute moving averages intersect with the middle Bollinger Band in the 4100-4110 range, which also represents a significant short-term support level. The 30-minute moving average is nearing its intersection with the upper Bollinger Band in the 4170-4180 range.
Based on technical indicators, watch for resistance at 4160 in the short term, with a breakout at 4180. Focus on support at 4100-4110 below.
Quaid believes that as the last trading day of the week, the price may also fluctuate slightly around 4130. But if it suddenly starts to break upward, then we need to pay attention to the suppression situation above. When the price first hits around 4160 and fails to break upward effectively, short sell with a light position at this position and make a profit of 30-40 points.
A happy weekend is coming, Quaid hopes everyone reaches their profit targets this week.
*GOLD (XAU/USD) – Technical Outlook | 1H Chart Analysis
## 🟡 **GOLD (XAU/USD) – Technical Outlook | 1H Chart Analysis
### 🧭 **Market Structure Overview**
Gold is currently trading around **$4,061**, showing a **bearish short-term structure** within a broader **range-bound market**.
The price is reacting between well-defined **support and resistance zones**, with clear liquidity sweeps and Fair Value Gaps (FVG) visible on the chart.
---
### 🧱 **Key Levels**
* 🔴 **Major Resistance:** $4,326 – $4,360
* ⚫ **Mid-Level Resistance / FVG Zone:** $4,168 – $4,204
* 🟤 **Support & Resistance Flip Zone:** $4,043 – $4,080
* ⚫ **Major Support Zone:** $3,995 – $4,020
---
### 📉 **Technical Breakdown**
1. **Double Top Formation** seen near $4,360 resistance area ➡️ strong supply zone confirmation.
2. Price dropped sharply from resistance, breaking below key structure and forming a **lower low**.
3. A **Fair Value Gap (FVG)** remains open around $4,200, suggesting a potential **liquidity grab or retracement** back into that zone before continuation.
4. Recent bounce from $4,043 support suggests **buyers defending the zone**.
---
### 📊 **Possible Scenarios**
#### 🅰️ **Bullish Scenario (Short-Term Rebound)**
* Price holds above **$4,043 support** 🛡️
* Reversal toward **$4,168–$4,204 FVG zone** 🎯
* Break and close above **$4,204** could trigger momentum to **$4,326 resistance** ⚡
#### 🅱️ **Bearish Scenario (Continuation Down)**
* Failure to hold **$4,043 zone** 🚨
* Could push price back toward **$4,000–$3,980 support**
* Below that level → deeper correction likely 📉
---
### 🪙 **Conclusion**
🔹 **Bias:** Short-term bullish → mid-term bearish
🔹 **Target Zone:** $4,168 → $4,204 (FVG Fill)
🔹 **Invalidation:** Break below $4,004
---
📅 *Chart timeframe:* 1H
💡 *Strategy insight:* Look for confirmation signals (e.g., bullish engulfing or BOS) before entering near support.
---
Would you like me to add **TradingView-style stickers and emoji labels (like “BUY ZONE 💰”, “FVG ⚡”, “SUPPORT 🧱”) directly on the chart image** for you?
If yes, I can generate a clean **annotated version** of your chart with professional visuals.
Gold 4-hour timeframe analysisHi traders
In the 4-hour gold structure, following the break below the balance zone’s low, we can consider the entry of 4-hour sellers. The pullback zones for these sellers are at 4067 and 4090. The defined take-profit level for this time frame is 3773. As long as this balance remains intact (i.e., no 4-hour candle closes above the zone), the mentioned target will remain valid
Bulls vs. Bears:Who Will Control the Next Move?Gold barely held the support level of 4050-4040. In addition, under the influence of CPI data, the market bet that the Federal Reserve would cut interest rates twice more this year. Gold rebounded from 4045 to around 4135, which was a shot in the arm for the bulls!
Judging from the short-term rise and the market's strengthened expectations of a Fed rate cut, the bulls are eager to try again. Of course we must respect the market price behavior. We can clearly see from the current candlestick chart that in the short term, gold has formed a triple bottom structure near 4001, 4011 and 4043, which effectively offset the suppressive effect of the triple top structure formed in the 4378-4382 area. Therefore, the bulls now have the conditions to compete with the bears.
However, according to the market atmosphere, bullish sentiment has just recovered, so the current bears still have a certain advantage, and this advantage will increase the intensity of fluctuations in the gold market, resulting in a wide range of sweeps in the short term. Judging from the current structural pattern, gold will still be under pressure in the 4140-4160 area in the short term. Without more major positive news, it may be difficult for gold to easily break through the resistance in this area in the short term; and as gold rises after building a triple bottom support, the short-term support will also move up to the 4080-4060 area.
Therefore, we need to pay close attention to short-term support and resistance areas:
1. If gold continues to rise in the short term and reaches the 4140-4160 resistance area, we will prioritize shorting gold.
2. If gold first retreats to the 4080-4060 support area, we can try to buy gold in small quantities around this support area.
Gold Pullback or Reversal? Key Zone Ahead!As I expected , Gold ( OANDA:XAUUSD ) started to drop thanks to the Double Top Pattern and reached its target at the Support zone($4,011 – $3,981) .
Now, do you think Gold will start dropping again, or will it resume its recent weeks’ uptrend?
Today, I’m going to do a short-term 15-minute analysis of Gold , so stay tuned.
At the moment, Gold is approaching a Resistance zone($4,192 – $4,137) —also a Potential Reversal Zone (PRZ) —and moving within an ascending channel . Overall, the recent moves in Gold over the past couple of days look like a pullback to the previous Support zone($4,192 – $4,137) .
From an Elliott Wave perspective , it seems that Gold , given the momentum of its recent drop, is completing corrective waves, and we should expect another decline .
I expect Gold to start dropping again from the Resistance zone($4,192 – $4,137) and PRZ , and AFTER breaking the lower line of the ascending channel , it could fall at least down to around $4,039(First Target) .
Second Target: Support zone($4,011 – $3,981)
Stop Loss(SL): $4,222
Please respect each other's ideas and express them politely if you agree or disagree.
Gold Analyze (XAUUSD), 15-minute 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.
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When everyone is bearish, I am looking for buying opportunities#XAUUSD OANDA:XAUUSD
Looking at the hourly chart, the gold price is fluctuating slowly downwards during the day. Although the bears have regained control of the market in the short term, from the perspective of the 4H cycle, we are still above the rising trend line. Therefore, our bullish attitude in the medium and long term remains unchanged. Any pullback before a significant break below the trend line should be considered a bullish entry opportunity.
In the short term, gold still has room to fall. Don't blindly chase the rise and sell the fall at this time. Wait patiently for it to fall back to the support and stabilize before participating in the transaction. As time goes by, the support points on the short-term trend line are constantly moving up. If the gold price in the European and American markets retreats to 4055-4040, we can try to go long on gold in batches with a light position, with the target looking at 4090-4115.
XAUUSD Bearish Retracement Targeting $4,000 SupportContext and Trend
Prior Bullish Trend: The chart clearly shows a strong, sustained uptrend leading up to October 22nd, with the price moving from below $3,920 to a peak near $4,200.
Recent Sharp Reversal: This strong bullish move was abruptly interrupted by a massive bearish candlestick on October 22nd, indicating a sharp and significant sell-off from the high. This move marks a potential shift in the short-term momentum.
Current Price Action and Key Zones
Current Consolidation/Retracement: Since the sharp drop, the price has entered a phase of consolidation or a retracement (a move back up) within the area that saw the sharpest selling pressure.
Supply/Resistance Zone: The blue shaded rectangle, which ranges roughly from $4,080 to $4,120, is a key area. This zone represents an area where the market may have found previous support or, more likely, is now acting as a supply zone (resistance) after the large drop. Traders often look to sell when the price re-enters a zone that previously broke down quickly, anticipating fresh selling pressure.
Price Prediction (The Path): The drawn arrows indicate a predicted move:
The price moves up to test the $4,080 - $4,120 supply zone.
Upon hitting resistance, the price is expected to reverse and fall.
The predicted target for the drop is the dashed green line at $4,009.10 (a level very close to the significant psychological support level of $4,000).
Conclusion
The chart suggests a high-probability short-term selling opportunity (or "short" trade) if the price reaches the supply zone, with the trade aiming for the major support level just above $4,000. The setup is based on the technical analysis pattern of a bearish continuation after a strong impulse move down.
Gold price analysis on March 24XAUUSD – Bears Still in Control
Gold is trading sideways around the key resistance zone of 4145, indicating a strong struggle between buyers and sellers. However, the price has been repeatedly rejected at this zone, indicating that the bearish pressure is still dominant.
If the current trend is maintained, the support zone of 3946 will be the next potential target for the sellers. Only when the price clearly breaks above 4145, the current bearish structure can be broken and the new buying trend is confirmed.
📊 Trading Strategy:
SELL now at 4110
Target: 4022 – 3946
BUY setup: When the price breaks decisively above 4145






















