Gold prices began to adjust down⭐️GOLDEN INFORMATION:
Gold (XAU/USD) slips in Thursday’s Asian session, trimming part of Wednesday’s gains as stronger equities and a modest Dollar rebound weigh on the metal. Still, expectations of Fed rate cuts next week, along with trade frictions, geopolitical tensions, and political uncertainty in Europe and Japan, limit downside risks. Traders now await US inflation data for clearer cues on the Fed’s policy path.
⭐️Personal comments NOVA:
Gold prices are showing signs of a slight correction, after buying power began to gradually decrease. The market needs to gain liquidity around lower support zones.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3674- 3676 SL 3681
TP1: $3666
TP2: $3650
TP3: $3640
🔥BUY GOLD zone: $3596-$3598 SL $3591
TP1: $3608
TP2: $3620
TP3: $3633
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
Xauusdanalysis
Gold (XAUUSD) – 11 Sep | Next Short POI(3643.8–3646.7) in Focus🟡 Gold (XAUUSD) Analysis – 11 September
Market Overview
Gold remains in an H4 pullback phase after making the all-time high at 3674.650 . The M15 trend is aligned to the downside and recently printed a Break of Structure (BoS) , confirming bearish continuation.
Current Market Scenario
• H4: Pullback phase active, looking for continuation lower
• M15: Bearish trend intact, recently made a new lower low (BoS)
Key POI for Today
🔹 Our next potential M15 POI for a short setup is 3643.8–3646.7 .
If price retests this zone and provides LTF confirmation (micro-ChoCh / BoS) , we will plan a short setup from here.
Execution Plan
Wait for price to retest 3643.8–3646.7
Drop to M1 for micro confirmation
If confirmation aligns, execute short with fixed risk ( SL: 40 pips | TP: 120 pips , 1:3 R:R)
If the zone fails, step aside and reassess
Patience is a position — wait for the market to give you the setup, not the other way around.
Important Note
Today’s CPI event is expected to cause high volatility.
Avoid trading during news spikes unless a very clear, high-probability setup forms.
Bias for Today
📉 Bearish only . All setups will be taken from M15 POI with confirmation.
📘 Shared by @ChartIsMirror
Gold Bulls vs Bears! Who Will Win the $XAUUSD Battle?🏆 "The Golden Layer Cake Strategy" - XAU/USD Bullish Swing Plan 🎯
✨ Calling all savvy traders! ✨
Ready to layer into a potential Gold breakout? This systematic approach is designed to capitalize on bullish momentum while managing risk through strategic entry layers.
Here’s the detailed blueprint: 📜
🔑 Key Details:
Asset: XAU/USD (Gold)
Bias: Bullish
Style: Swing Trading / Position Building
Strategy: Multi-Layer Limit Order Entry
⚡ Entry Strategy (The Layering Method):
To optimize your average entry price, consider using multiple BUY LIMIT orders at key support levels:
Layer 1: 3420.00
Layer 2: 3440.00
Layer 3: 3460.00
Layer 4: 3480.00
You can adjust the number of layers and prices based on your personal risk management and market conditions.
🛑 Stop Loss:
A conservative stop loss can be placed below a significant support zone at 3370.00.
Disclaimer: Always adjust your stop loss based on your individual risk tolerance, account size, and trading strategy.
🎯 Take Profit:
We are targeting a strong resistance zone around 3600.00. A more ambitious target sits at 3650.00 for those who wish to trail their stops. Secure profits on the way up!
📊 Market Context & Rationale:
This plan is based on identifying potential value areas on the pullback for a continued bullish move. The layered entry allows us to build a position gracefully without chasing the market.
📊 XAU/USD Real-Time Data Report
🤝 Retail & Institutional Sentiment
Retail Traders
Long (Bullish): 28% 😊
Short (Bearish): 72% 😟
Institutional Traders
Bullish positions increasing, showing confidence in gold as a safe-haven asset. 🏦
😨💸 Fear & Greed Index
Mood: Neutral → leaning Greedy
Markets expect Fed rate cuts, boosting gold demand.
🌍 Fundamental Score
Rating: 7/10 (Positive)
Key Drivers:
Weakening US Dollar from expected Fed cuts 📉
Geopolitical tensions supporting safe-haven demand ⚠️
Ongoing central bank gold buying 🏦
📈 Macro Score
Rating: 6.5/10 (Moderately Bullish)
Factors:
High probability of US rate cut in September (~85%) 📅
Rising bond yields may cap gains 📈
Global economic uncertainty 🌎
🐂🐻 Overall Market Outlook
Bias: Bullish (Long) 🚀
Gold remains in a strong uptrend, supported by fundamentals, macro drivers, and institutional flows.
✨ Summary
Gold is bullish 📈 with strong support from fundamentals and macro conditions. Retail traders lean bearish 😟, but institutions and sentiment favor upward momentum. Any dips are seen as buying opportunities 🤑
⚠️ Risk Warning & Disclaimer:
This is not financial advice. Always do your own research (DYOR).
High-impact news events can cause increased volatility—manage your risk accordingly.
Past performance is not indicative of future results.
Only risk capital you are willing to lose.
Gold Bullish Momentum: Layering Longs For Maximum Gain!🏆 XAU/USD | The Gold Robbery Heist Plan (Swing/Day Trade)
🎯 Plan Setup (Bullish)
Entry (Layering Style):
Using the Thief Layer Strategy 🕵️♂️ → Multiple Buy Limit layers
$3625
$3630
$3635
$3640
(Add more layers based on your own strategy & risk appetite)
Stop Loss (Thief SL):
@3610 (Adjust based on your own strategy & risk ⚠️)
Take Profit (Escape Point):
Target resistance zone @3690 🚪💰
⚡ Note: This is a flexible thief-style plan — adjust SL/TP levels as per your personal money management and execution style.
📊 Why This Plan? (Thief’s Market Analysis)
🔎 Real-Time Market Data (10 Sept 2025)
Price: $3,643.71
24h Change: +0.48%
Range: $3,620.90 – $3,644.56
🧠 Retail Sentiment (Contrarian Signal)
Long: 37%
Short: 63%
➡️ Retail crowd is heavily short → Contrarian bullish setup.
🏦 Institutional Sentiment (Commitment of Traders)
Net Long: +249,530 contracts
Long: 315,796
Short: 66,266
➡️ Institutions are firmly positioned long ✅
🌡️ Fear & Greed + Volatility
Neutral (shifting from Greed)
VIX <14 (52-week low) → Calm market backdrop
📉 Macro & Fundamentals
US jobs data: Weak (22K vs. 75K expected)
Fed rate cut probability: 99.4% (September meeting)
Central bank gold demand + geopolitical tensions supportive
Upcoming CPI/PPI = key catalyst
📐 Technical View
Price holding above $3,625 support
Ascending channel continuation
Overbought zone = caution for short pullbacks
🗝️ Key Takeaways (Thief OG Notes)
USD weakness + Fed dovish tilt = Gold tailwind
Retail shorts = bullish contrarian setup
Institutions backing the move higher
Short-term overbought → manage exits smartly
🔥 Related Markets to Watch
OANDA:XAGUSD (Silver)
TVC:DXY (US Dollar Index)
SP:SPX (S&P 500)
TVC:US10Y (US 10Y Treasury Yield)
BITSTAMP:BTCUSD (Bitcoin correlation check)
✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!”
#XAUUSD #Gold #Forex #SwingTrade #DayTrading #TechnicalAnalysis #Fundamentals #ThiefStrategy #TradingPlan #GoldBulls #MacroAnalysis #MarketSentiment
Gold Price Forecast: XAU/USD Eyes $3,650 Ahead of CPI 📊 Technical Structure
Gold (XAU/USD) may rebound from the support zone $3,627–3,630, and buyers are gradually regaining control. Price action now challenges the resistance zone $3,642–3,647, with a breakout paving the way toward $3,650+.
🎯 Trade Setup (15M Chart)
Entry (Long): $3,630–$3,627
Stop Loss: $3,625
Take Profit: $3,642 / $3,645
🌐 Macro Background
Gold stays supported by Fed rate cut bets, a weaker USD, and geopolitical tensions. US August PPI came in softer, reinforcing rate cut expectations ahead of Thursday’s CPI release (forecast 2.9% headline / 3.1% core). Meanwhile, safe-haven demand is lifted by Poland shooting down Russian drones and Israel’s Doha strikes. While event risk remains, the broader backdrop continues to favour gold upside momentum.
🔑 Key Technical Levels
Resistance: $3,642 / $3,645 / $3,650
Support: $3,630 / $3,627
📌 Trade Summary
Gold maintains bullish traction above $3,630, with scope for a move toward $3,642–$3,645, though traders should stay cautious ahead of US CPI.
⚠️ Disclaimer
This analysis is for reference only and does not constitute trading advice. Trading involves significant risk, and proper risk management is essential.
Elliott Wave Analysis XAUUSD – September 10, 2025🌀
🔹 Momentum
• D1 timeframe: Momentum is showing signs of a bearish reversal → the market may enter a corrective decline, possibly lasting through the end of this week.
• H4 timeframe: Momentum is turning upward → a short-term recovery could appear today, pushing the indicator into the overbought zone.
• H1 timeframe: Momentum is already in the overbought area and turning down → a short-term decline is likely.
________________________________________
🔹 Wave Structure
• D1: Price has reached the projected target of wave iii (black). With D1 momentum reversing downward, wave iv (black) may be forming. Since wave ii (black) was relatively long, there is a possibility that wave iv (black) could unfold more quickly.
• H4: Yesterday’s decline may suggest that wave v (purple) has temporarily completed. If this scenario plays out, price could move into a corrective phase toward the wave iv target area. The correction may develop as a Zigzag, Flat, or Triangle.
• H1: Price is consolidating within the liquidity zone 3657 – 3631. With H4 momentum hinting at correction, one possible scenario is sideways movement here to complete wave B, followed by a decline into wave C.
o If price breaks and closes below 3631 → the liquidity zone at 3595 may act as the next support.
o Potential targets for wave C:
3595 (aligned with 23.8% Fibonacci retracement).
Or 3556 – 3528 (aligned with 38.2% Fibonacci retracement).
________________________________________
🔹 Trade Scenarios (for reference only)
• Sell Zone: 3657 – 3659
o SL: 3667
o TP1: 3631
• Buy Zone 1: 3596 – 3594
o SL: 3585
o TP1: 3669
• Buy Zone 2: 3557 – 3555
o SL: 3547
o TP1: 3597
📌 Note: The Sell setup at 3657 should be considered with small position size as it goes against the main trend. If price reaches 3595, this Sell scenario could lose validity.
Bulls vs Bears: Race to 3700 or 3600 ?!Currently, gold is fluctuating above the 3640 line. We can clearly see that gold has not effectively fallen below 3640 during multiple pullbacks in the short term. This proves that during the pullback period of gold, a lot of funds have entered the market, thereby pushing the gold price to fluctuate upward. However, during the upward fluctuation, gold encountered resistance and fell back in the 3655-3660 area many times, exacerbating the short-term volatility trend!
But we need to note that gold has rebounded since 3620 and formed a band-like low point structure; and it has tested 3640 many times and has not fallen below it, showing signs of forming a band-like secondary low point structure. Judging from the characteristics of the low point gradually rising, the current bullish force has a slight advantage, so short-term trading is still dominated by going long on gold.
Judging from the current structure, the short-term support area below is located in the 3635-3625 area, followed by the 3615-3605 area; and the short-term resistance is located near 3660. If gold breaks through the area near 3660 during the volatile upward process, gold may test the high point area near 3675. Once the high point near 3675 is refreshed again, it is expected to directly touch around 3700.
Therefore, it is not completely certain that gold has peaked at present, and we should not blindly chase short gold in trading; on the contrary, when gold retreats to the support area of 3635-3625, we can try to go long on gold, first aiming at the target area: 3660-3670, and once it breaks through this area, the target area will be postponed to the 3690-3700 area.
XAU/USD – Liquidity Grab Before Downside MovePrice action is currently showing signs of a retracement to the upside, aiming to grab excess liquidity and balance out the order flow.
📍 Point of Entry:
I expect price to push higher into the marked liquidity area before rejecting. This move will serve as an equilibrium adjustment, allowing institutions to collect orders before driving the market lower.
📉 Downside Targets:
After the liquidity grab, price is likely to continue its bearish leg, moving down into the support zone highlighted in blue. This zone aligns with the 4H Fair Value Gap (FVG), which will serve as a key area for a retest.
🔑 Key Outlook:
Retracement upward → Liquidity sweep.
Continuation downward → Support zone & 4H FVG retest.
Further breakdown possible if support fails.
Follow for more.
Greetings,
MrYounity
A brief discussion on my views on recent gold price trendsLast night, I clearly outlined my outlook for gold. Today, the gold price retreated to the support range of 3635-3620 and then stabilized and rebounded. Our long orders have reaped considerable profits. It is a pity that the limit long order set at 3620 before going to bed failed to be triggered, and I missed out on a bigger profit.
Currently, gold's volatility is relatively low, and it has rebounded again to around 3645, which aligns with my view that gold will remain in a range-bound pattern in the short term. Our trading strategy is still highly referenceable. If gold falls back to test the lower support again in the short term, we can still consider going long again. If gold slowly fluctuates upward in the European session, the first thing to pay attention to is whether it can effectively break through 3655. Once it effectively breaks through, gold may retest the short-term resistance of 3665-3680.
CPI Showdown – Will Gold Claim 3675+ or Collapse First?Gold at the Gates – CPI Will Choose the Winner
Gold has been climbing relentlessly, step by step, like a king walking through open gates. The last breakout above 3640 was no accident — it was structure unfolding with precision.
Now, we stand in front of tomorrow’s battlefield: CPI and Jobless Claims. These are not just numbers; they’re the spark that can ignite a trend continuation… or flip the script in one violent sweep.
If bulls defend 3628–3635, the road is clear to 3660, and then the higher ground at 3675–3685.
But if the floor breaks, expect a sharp liquidity grab under 3635 before any recovery.
This is not a random range. It’s the decision point, where market makers will show their hand.
⚡ Tomorrow, the question is simple: will Gold march higher into uncharted territory, or will CPI pull the rug first?
⚡ If this plan gives you clarity, smash the like ❤️, drop your comment 💬, and don’t forget to follow GoldFxMinds for daily precision maps 🚀
XAUUSD sell on pullbackXAUUSD has got strongly rejected from 3675.00 with one single move to level 3619.83 with break of structure, upon daily close, as with the higher timeframe it has started an uptrend. As price started pullback from the daily rejection, it is highly likely price continue to drop to daily support at 3619.83 or below. As 4h price approaching FVG we may find lower timeframe down trend with series of lower high and lower low.
Possible trade selling opportunity from 3640.00 to 3619.83
Pay attention to the low-buying opportunities above 3630.Gold ultimately broke through the trendline, breaking out of its current high near 3657. During the European trading session, it fluctuated upward between 3648 and 3640. Therefore, if the price doesn't retreat below 3630 before the European session, the probability of an upward breakout will increase in this volatile upward trend. Therefore, the European session's lowest retracement near 3640 is a key bullish target for a second leg higher.
Gold operation suggestion: go long around 3640-3630, target at 3660-3675.
XAUUSD – PPI Ahead: Key Liquidity Levels & Trading Plan🚀 MMFLOW TRADING
Market View:
After yesterday’s sharp drop where sellers dominated the liquidity zone, gold (XAUUSD) is now recovering from 362x → 364x during the Asian session. In the short term, price may range between 362x–365x in Asia/Europe before going sideways to await the PPI release in the US session.
Today’s PPI is expected at 0.3% vs 0.9% previous, signalling cooling inflation. However, actual data could surprise higher – often creating a “news trap”. From a technical view, gold may need to revisit 360x liquidity before resuming its uptrend ahead of CPI & the upcoming FED meeting.
👉 In short: Structure remains bullish, but short-term liquidity sweeps are likely before any continuation move.
Key Levels:
Resistance: 3647 – 3654 – 3665 – 3674 – 3704
Support: 3635 – 3613 – 3600 – 3586
Trading Plan:
🔵 BUY Zone: 3600 – 3598
SL: 3592 (or tighter at 3580)
TP: 3605 → 3610 → 3615 → 3620 → 3630 → 3640 → 3650+
🔴 SELL Zone: 3703 – 3705
SL: 3710
TP: 3698 → 3694 → 3690 → 3680 → 3670 → 3660+
Summary:
✅ Gold remains in an uptrend, but may retest 360x liquidity before heading higher.
✅ PPI today & CPI tomorrow could act as a “news trap” – caution is required.
👉 Watch the key levels and follow MMFLOW TRADING for real-time updates & BIGWIN setups!
A Healthy Market Breathes. Gold Hasn’t Exhaled Yet.I remain bullish on Gold overall — that’s not in question.
On 24 August, I even shared a complete cross-market outlook arguing that acceleration to the upside could be the next big move. And indeed, we got it.
But here’s the paradox of markets: sometimes, the stronger the rally, the more fragile it becomes.
________________________________________
Why I Warned About a Steep Correction
• Yesterday, I flagged the risk of a sharp pullback. My stop loss was triggered, yes, but my conviction hasn’t changed. If anything, the higher Gold pushes, the more probable and violent the correction could be.
• The daily chart says it all: since the local bottom around 3300, Gold has moved almost vertically higher.
• From 26 August onward, with the sole exception of the 4 September red candle, every single day closed green — and not just small gains, but +1% or more.
This type of move is powerful, but also unsustainable.
________________________________________
Market Psychology at Work
Markets move in cycles of fear and greed, tension and release. A one-sided move — especially a vertical one — compresses tension like a coiled spring. Traders get trapped:
• Late buyers rush in from FOMO, convinced “it will never stop going up.”
• Sellers get squeezed, forced to cover, adding fuel to the fire.
• But eventually, when there’s no one left to buy at higher prices, even a small wave of selling can cascade into a steep correction.
This is why not even Bitcoin, in its glory days, could sustain vertical rises for long. The pattern was always the same: euphoric rise → brutal drop . Gold is no different.
________________________________________
Where We Stand Now
• At the time of writing, Gold trades at 3647, after touching 3660 and marking a new ATH.
• Is this the local top? Hard to say with certainty. But in my book, until we see a strong correction, there is no valid buy trade here.
________________________________________
My Trading Plan
Today, I will look to sell again. Not because I doubt the long-term bullish trend, but because the short-term imbalance is glaring.
A healthy market breathes, and Gold hasn’t exhaled yet.
🚀 Long term: bullish.
⚠️ Short term: vulnerable.
🎯 Until a correction resets the board, my play is on the short side.
Battle Lines Drawn — Which Comes First, 3700 or 3600?Gold started to fall from around 3675, but failed to effectively fall below 3620 many times during the retracement, so the current retracement cannot be regarded as a market reversal. If the gold market has really peaked, I think the minimum requirement is to effectively fall below 3620, but it is obvious that this condition has not been met yet. Under the current conditions, it can only be regarded as a pullback correction. So at this stage of trading, we cannot be overly bearish on gold.
Currently, gold bulls and bears are competing with each other for control, and the price will remain in a wide range of fluctuations in the short term. However, since gold rebounded from 3620, the bullish structure has not been destroyed. The short-term support below is in the 3635-3625 area, and further strong support is in the 3615-3605 area. If gold fails to break below the 3635-3625 area, it will favor bulls and could serve as a springboard for further gains. Once gold continues its upward trend and breaks through the 3665 area, it could potentially reach the 3680-3690 area.
Therefore, in short-term trading, since gold remains bullish, we can continue to buy gold within the 3635-3625 support area, with the primary target being the 3660-3670 area.
Gold Price Analysis (XAU/USD): Key Levels and Market OutlookThe price of Gold (XAU/USD) has shown strong upward momentum in recent sessions, crossing above the $3,600 mark and briefly touching the $3,674 level, which represents a strong bullish push supported by significant trading volume (over 581K at that peak).
Current Market Overview
Current Price: $3,646.74 (as of the latest 4H candle)
Resistance Level: $3,674 (recent swing high)
Support Level: $3,640 (recent pullback low)
RSI Indicator: Around mid-range (60), showing neither overbought nor oversold conditions.
The Zig Zag indicator highlights the recent correction after reaching $3,674, where the price retraced slightly to $3,640 before consolidating. The market now trades sideways between these two levels, indicating a short-term indecision.
1. Resistance Zone:
Gold needs to break and sustain above $3,674 to confirm the continuation of the bullish trend. If this happens, the next target could be around $3,700 – $3,750.
2. Support Zone:
On the downside, if the price fails to hold the $3,640 level, a deeper correction towards $3,600 – $3,550 cannot be ruled out.
3. Momentum Indicators:
The RSI is currently neutral, suggesting room for both upside and downside moves. Traders should watch for RSI crossing above 70 (bullish continuation) or dropping below 50 (bearish pressure).
Trading Strategy
Bullish Bias: If Gold holds above $3,640 and breaks $3,674, traders may look for long positions targeting $3,700 and above.
Bearish Bias: A break below $3,640 could trigger short positions, with downside targets near $3,600 and $3,550.
Conclusion
Gold remains in a bullish structure but faces short-term resistance at $3,674. Traders should watch closely for a breakout or breakdown from this consolidation range to determine the next major move.
XAUUSD Long Opportunity Price is currently testing the Asian High as a support, looking to trade from $3648 to the $3656 level and potentially beyond depending how price reacts to the USD PPI release.
Confluences include 21/50 SMA region test and within the 45-55 region of the RSI with a Level of significance as a support level at $3548
Gold Analysis – Correction Not Yet Over (IMO)Yesterday, after printing a new ATH at 3674, Gold sold off aggressively and overnight reached a low of 3620.
Now the key question: Is Gold done correcting?
👉 My answer: Not yet.
Here’s why:
1. The 550 pip drop from the top is barely scratching the surface compared to the 3500 pip rally in the last two weeks.
2. Yesterday’s daily candle is a bearish pin bar. While this pattern is weaker in strong uptrends, it can still trigger continuation.
3. Structurally, the market looks like it’s forming an ABC correction. The current rebound may be wave B, with wave C expected to target the 3570 zone.
4. Confluence supports act like magnets once corrections begin. The zone I’m watching aligns with the 23% Fibonacci retracement, which fits perfectly with the correction scenario.
📌 Trading Plan:
As long as 3675 holds, I remain bearish in the short term. The best strategy is to sell rallies against the ATH, targeting deeper retracement levels.
Gold 1H – Buy the Dip, Watch 3,687 Premium SupplyGold on the 1H timeframe is trading above 3,650 after a clean break of structure. Price has left demand footprints around 3,636 and deeper at 3,594, while resistance stands near 3,670 and premium supply sits at 3,687–3,689. This suggests a possible engineered retracement into discount zones before a push toward liquidity at 3,688+.
________________________________________
📌 Key Structure & Liquidity Zones (1H):
• 🔼 Buy Zone 3,636 – 3,634 (SL 3,630): Fresh demand block, aligned with bullish order flow.
• 🔼 Buy Zone 3,594 – 3,592 (SL 3,587): Deeper discount demand, strong structural base.
• 🔽 Sell Zone 3,687 – 3,689 (SL 3,694): Premium supply zone, potential liquidity sweep.
________________________________________
📊 Trading Ideas (Scenario-Based):
🔺 Buy Setup – Demand Block Reaction
• Entry: 3,636 – 3,634
• Stop Loss: 3,630
• Take Profits:
• TP1: 3,650
• TP2: 3,665
• TP3: 3,680+
👉 Expect retracement into discount demand before resuming bullish move.
🔺 Buy Setup – Deeper Demand Test
• Entry: 3,594 – 3,592
• Stop Loss: 3,587
• Take Profits:
• TP1: 3,610
• TP2: 3,625
• TP3: 3,640+
👉 Ideal for swing buyers looking for higher R:R at deeper liquidity sweep.
🔻 Sell Setup – Premium Rejection
• Entry: 3,687 – 3,689
• Stop Loss: 3,694
• Take Profits:
• TP1: 3,670
• TP2: 3,655
• TP3: 3,640
👉 Short-term liquidity grab at premium levels before rotating lower.
________________________________________
🔑 Strategy Note
Bias remains bullish, but smart money may engineer a sweep into 3,636 or even 3,594 demand before expansion. Cleaner setups are buying dips; sells at 3,687 are only scalp plays with tight risk.
Market Analysis: Gold Rockets to New HighMarket Analysis: Gold Rockets to New High
Gold price rallied to a new all-time high above $3,670.
Important Takeaways for Gold Price Analysis Today
- Gold price started a major increase from $3,500 against the US Dollar.
- A key bullish trend line is forming with support at $3,635 on the hourly chart of gold.
Gold Price Technical Analysis
On the hourly chart of Gold, the price formed a base above $3,500. The price remained in a bullish zone and started a strong increase above $3,550.
There was a decent move above the 50-hour simple moving average and $3,620. The bulls pushed the price above the $3,640 and $3,650 resistance levels. Finally, the price climbed to a new all-time high at $3,674 before there was a pullback.
The price dipped below the 23.6% Fib retracement level of the upward move from the $3,511 swing low to the $3,674 high, and the RSI declined below 50. Initial support on the downside is near $3,635 and the 50-hour simple moving average.
There is also a key bullish trend line forming with support at $3,635. The first major support is near the 50% Fib retracement at $3,592. If there is a downside break below $3,592, the price might decline further. In the stated case, the price might drop toward $3,575. Any more losses might push the price toward $3,510.
Immediate resistance is near $3,655. The next major hurdle for the bulls is $3,675. An upside break above $3,675 could send Gold price toward $3,688. Any more gains may perhaps set the pace for an increase toward $3,700.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Gold (XAUUSD) – 10 Sep | Watching M15 Supply for Short Setups🟡 Gold (XAUUSD) Analysis – 10 September
Market Overview
Gold had been in relentless bullish momentum with both H4 and M15 aligned to the upside. Yesterday, price made a fresh all-time high at 3674.650 , but sharp selling pressure emerged from that level.
This rejection caused a significant Change of Character (ChoCh) below the previous higher low at 3628.5 . Following this, the market also printed a Break of Structure (BoS) earlier today, confirming that the H4 pullback phase has now begun.
Current Market Scenario
H4: Shifted into a pullback phase after M15 ChoCh + BoS.
M15: In a downtrend, currently retracing after the structural break.
This alignment signals that our focus today will be on sell setups only .
Key POI for Today
🔹 3637–3640.8 → M15 supply zone at the LH level.
If price retraces into this zone and provides LTF confirmation , we will plan a short setup.
If this zone is not respected, we will step aside and reassess deeper supply areas.
Execution Plan
Wait for price to retest the 3637–3640.8 M15 supply zone .
Drop to M1 for confirmation (micro ChoCh / micro BoS).
If confirmation is present, execute a short setup with fixed risk.
If the zone fails, do not force trades — wait for price to reach deeper supply before re-engaging.
Execution is about patience — let the market come to your levels, not the other way around.
Bias for Today
📉 Bearish only. Short setups will be taken from supply zones once confirmation is present. Until then — no trades.
📘 Shared by @ChartIsMirror
DeGRAM | GOLD rebounded from the support area📊 Technical Analysis
● XAU/USD staged a bullish takeover at 3,636 support, reclaiming the mid-range and establishing a higher low.
● Price is now pressing 3,650, with projections showing a push toward 3,654 before testing the 3,668–3,672 resistance area.
💡 Fundamental Analysis
● Gold demand is underpinned by cautious sentiment ahead of US CPI, while weaker dollar flows and ongoing geopolitical tensions enhance safe-haven appeal.
✨ Summary
Bullish above 3,646; targets 3,654 → 3,668. Invalidation on a close below 3,636.
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