Extended Pullback Ahead: A Golden Opportunity for ShortsDue to the stimulation of the NFP market, gold continued to refresh its historical highs, continued to break through the recent high of 3578, and touched the 3600 mark as expected. According to the current market structure, the bullish momentum of gold is strong, and there is no obvious peaking signal in the short term. As the center of gravity of gold continues to rise, the current short-term support will move up to the 3570-3550 area, and the short-term strong support is near the 3530 area.
However, in this extreme market, we shouldn't blindly chase gold at high levels to avoid being buried in a crash. Two key details emerge from this:
1. Gold experienced a significant pullback near 3578, retreating to around 3511.
2. Gold failed to hold above 3600 before Friday's market close, falling back to around 3586, indicating some profit-taking.
Furthermore, the current surge in the gold market is driven by news and, to some extent, has deviated from technical indicators. Market sentiment is extremely euphoric, making it vulnerable to a sudden collapse during this period. Furthermore, after this period of digestion, expectations of a rate cut have largely faded, potentially leading to a potential exit by large investors and panic selling.
Therefore, I do not think that chasing gold at high levels is a rational and correct strategy. Gold may still retrace to the 3570-3550 area in the future, or even continue to retrace to the area around 3530. Of course, this is another opportunity to make short profits in the short term.
I currently hold a short position with the average price around 3582. If you also hold a short position like me, I think we can seize the profit opportunity of the gold pullback next!
Xauusdanalysis
Fed rate cut forecasts soarEarlier, a key US jobs report showed hiring slowed while unemployment rose to its highest level since 2021. This development has increased market expectations of an interest rate cut. Lower borrowing costs tend to increase the appeal of gold, which does not pay interest.
The precious metal also received support from strong safe-haven demand amid concerns about the future of the US central bank.
President Donald Trump's increasing criticism of the Fed has raised concerns about the agency's independence. Trump has vowed to win a majority at the central bank soon and lower interest rates. Investors are awaiting a key ruling on whether Trump has the legal basis to remove Fed Governor Lisa Cook.
Gold price analysis on September 8✍️ Gold Analysis
Gold price is currently reacting around the 3600 round mark. The main strategy is still to wait for corrections to the support zone to find BUY opportunities. Up to now, there is no signal from the daily candle showing that the selling force wants to take profits strongly, so the priority trend is still to buy when the price holds above important levels. In particular, breaking the support of 3514 will be a signal to further strengthen the uptrend.
📌 Important price zones
BUY: when the price reacts at the support zone of 3575–3560.
Upward target: 3600 in the immediate future, 3650 further.
SELL: when the price breaks the trendline and support of 3360.
Downward target: 3514.
XAUUSD – Early Week Trading OutlookXAUUSD – Early Week Trading Outlook
Good day Traders,
The Asian session opened the new week with only mild fluctuations in gold, before price rotated back into the major liquidity zone formed during last week’s advance.
Currently, gold is testing the 3585 support. A decisive close below this level on the M15 timeframe would suggest a short-term correction, opening the door for a light sell opportunity with downside potential towards 3560.
The 3560 level is technically significant as it coincides with the ascending trendline, making it a key area for long positions in line with the broader uptrend. From here, price could extend further, with the possibility of retesting all-time highs. Should price return to the trendline, traders considering fresh shorts must remain cautious and wait for clear reversal confirmation.
A further buying opportunity may also present itself near 3516, where the market previously cleared liquidity from the closest FVG zone.
In summary, corrective moves are likely before gold continues its broader trajectory. Any short exposure should be contingent upon strong confirmation, while the long side remains favoured at identified support levels.
9/8: Watch Resistance at 3594–3600, Support at 3560–3556Good morning everyone!
🔹 Key Support Levels
30M Chart: 3573–3562
1H Chart: 3571 / 3563–3556
2H Chart: 3573 / 3560–3556 / 3528
1D Chart: 3564 / 3507–3498
🔹 Key Resistance Levels
3594–3600 / 3608–3621
🔹 Intraday Trading Strategy
Sell on rallies; consider buying on pullbacks to support.
Last week, gold extended its upward trend, testing the 3600 area for the first time, supported by NFP data. Overall performance was moderate. The main reason was a conservative approach — focusing more on selling at resistance while cautiously buying on dips, which resulted in missing two major rallies. The profits captured from retracements were relatively small compared to the strong upward moves.
The current rally has been driven largely by expectations of a Fed rate cut. However, this bullish factor now appears to be largely priced in, with gold technically in overbought territory. In the short term, risk management is crucial: avoid chasing prices at historical highs. A safer strategy remains buying on pullbacks, which may be less aggressive but significantly reduces downside risks. Ultimately, the choice of strategy depends on individual trading styles.
Gold 1H Outlook | Key Levels to Watch – 3595 | 3625 | 3470OANDA:XAUUSD Gold is trading near 3594 after a strong bullish move. On the 1-hour chart, price has been following a rising trendline which shows that buyers are still active.
Here’s what matters for traders today:
🔹 Key Support Levels:
3560 → intraday support where buyers are stepping in.
3525 → major structural support + trendline confluence.
🔹 Resistance Zones:
3595 → first resistance, market is already reacting here.
3625 → next upside objective if buyers stay in control.
📌 Bias:
As long as price holds above 3525, gold remains bullish. Upside path: 3595 → 3625.
A confirmed break below 3525 would mean a shift in structure. In that case, sellers may push price towards 3470.
XAU/USD – Key Levels & Short-Term BiasCurrent Price: 3,586.74
📈 Bullish Scenario:
Resistance: 3,590–3,592 → Break above opens 3,595–3,597
Support on pullback: 3,588–3,590 (minor support/buy zone)
Drivers: Weak USD, dovish Fed, safe-haven demand
📉 Bearish Scenario:
Key support to watch: 3,588–3,590 → Break below targets 3,574–3,572
Deeper correction possible: 3,560–3,555 (previous consolidation)
Drivers: USD strength, risk-on sentiment, profit-taking
⚖️ Summary:
Upside target: 3,595–3,597
Downside risk: 3,574–3,572 (then 3,560–3,555)
Price is at a key inflection point → watch decisive break above/below highlighted zones
Gold Daily Chart Analysis –> Triangle BreakoutHello guys!
Gold has finally broken out of a large triangle consolidation pattern that has been building for weeks. The price action respected both the top resistance line and the bottom support line multiple times, showing clear compression before the breakout.
🚀 Recently, the price broke above the top line of the triangle, confirming a bullish breakout. This kind of move usually signals the start of a continuation phase with momentum in the direction of the breakout.
Based on the measured move from the triangle formation, the projected target sits around 3,591.60 USD. Price is currently trading near 3,476 USD, which still leaves room for further upside.
💡 Typically, after such a breakout, the market may retest the broken resistance line (now turned support) before resuming its move higher. (but the pullback is not certain now)
Summary:
Pattern: Symmetrical Triangle
Breakout Direction: Bullish
Current Price: 3,476 USD
Target: 3,591.60 USD
As long as Gold holds above the broken triangle resistance, the bias remains bullish toward the projected target.
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
XAUUSD – Week 08/09 to 12/09, CPI & PPI in FocusXAUUSD – Week 08/09 to 12/09, CPI & PPI in Focus
Good day Traders,
Gold posted a notable advance last week, recording new highs on a near-daily basis. While this type of price action is not unprecedented, it has introduced an element of caution to the market. Investor sentiment remains firmly skewed towards the long side, reaffirming gold’s position as a key safe-haven asset.
Fundamental Outlook
Attention this week will centre on the release of US CPI and PPI data. These figures will be critical in assessing the financial health of the US economy and could directly shape the Federal Reserve’s decision on a potential rate cut in September.
Technical Outlook
Price has already surpassed the Fibonacci 1.618 extension, with the next upside projection aligning near the 2.618 level at 3687.
Prior to reaching this objective, a modest retracement into nearby FVG (Fair Value Gap) zones is possible.
On a longer-term horizon, the 3467 – 3475 region is highlighted as a constructive area for accumulation, supported by the confluence of FVG, Dibo and Volume Profile.
Trading Scenarios
Upside Bias: Long positions remain the preferred approach. The 3467–3475 area offers a technically favourable entry zone for those with a longer-term outlook.
Downside Case: Short exposure should only be considered upon evidence of a reversal structure, with confirmation via a break below 3510, or rejection from the 2.618 Fibonacci extension.
Final Thoughts
For the week ahead, gold continues to be best approached from the long side. Nevertheless, traders should closely monitor price reactions at the identified technical levels and adjust accordingly. With key macroeconomic releases imminent, maintaining disciplined risk management remains essential.
Elliott Wave Analysis XAUUSD – September 7, 2025
Momentum
• D1: Momentum is still declining → a corrective move may occur before turning bullish again.
• H4: Currently in the overbought zone → a main downward move is expected tomorrow.
• H1: About to enter the oversold zone → a short-term upward bounce may appear tomorrow morning.
Wave Structure
• D1 timeframe:
o Price is forming a 5-wave structure (i, ii, iii, iv, v) in black.
o Currently, wave iii (black) is in its final stage.
o Waves i, ii, iii were formed after a momentum cycle → the next corrective cycle will likely indicate where wave iv (black) will end.
• H4 timeframe:
o Price may be completing wave v (purple).
o Once wave v (purple) finishes → the market is expected to enter corrective wave iv (black).
• H1 timeframe:
o As in the previous plan, the ABC correction in blue looks like a 3-wave structure, but there is also the possibility of a Flat pattern forming.
o In a Flat scenario, price may break above the previous high and then reverse downward.
o Currently, price showed overlapping moves followed by a strong breakout → suggesting two possible scenarios:
Scenario 1:
o Wave v (purple) is unfolding, with price heading toward the wave v target.
o Two target zones: 3614 and 3678.
o In this case → avoid counter-trend trades, wait for corrective wave iv (black) to complete and then enter Buy positions in line with wave iii (black).
Scenario 2:
o A Flat structure is forming.
o Wait for wave C to complete wave iv (purple).
o H4 momentum supports this scenario (decline to oversold then reversal).
o Wave C targets: 3553 and 3530 → ideal Buy entry zone.
Trading Plan
1. Buy Zone 1: 3353 – 3350
o SL: 3340
o TP1: 3596
2. Buy Zone 2: 3532 – 3530
o SL: 3522
o TP1: 3552
Weekly Outlook: Strong Bullish Momentum Meets Key US Data XAUUSD – Weekly Outlook: Strong Bullish Momentum Meets Key US Data | MMFLOW TRADING
Market View:
Gold (XAUUSD) ended the week with explosive momentum after Nonfarm Payrolls pushed price to a new ATH near $3600/oz. On the daily chart, the bullish candle closed with only ~30% wick, showing no signs of profit-taking. The weekly chart also printed a powerful bullish candle, confirming BUY dominance. This suggests that gold could see further upside in the coming week – and potentially throughout this month.
Macro & Fundamental Drivers (Week Ahead):
Key US data will drive volatility in XAUUSD:
Wed, Sep 10: Core PPI & PPI m/m → hotter-than-expected prints could support USD short term, weighing on gold.
Thu, Sep 11: CPI (Core, m/m, y/y) + Jobless Claims → the most critical release. Softer CPI + higher jobless claims would fuel gold’s rally, while hotter CPI keeps Fed hawkish.
Fri, Sep 12: UoM Consumer Sentiment & Inflation Expectations → inflation outlook could shape Fed expectations further.
Overall, fundamentals may create volatility, but the medium-term bias stays bullish.
Technical Outlook (H1 Chart):
Price is consolidating sideways after the Nonfarm breakout. Key levels to watch next week:
Support: 3574 – 3551 – 3530 – 3516
Resistance: 3600 – 3621 – 3633 – 3649 – 3669 – 3678
Trading Plan:
BUY bias (preferred):
Long on pullbacks around 3574–3550
SL: below 3530
TP: 3600 → 3621 → 3633 → 3649 → 3669 → 3678
SELL scalp (alternative):
Only if 3530 breaks with strong CPI upside surprise → target 3516/3527
Summary:
✅ Gold remains in a strong uptrend on both Daily and Weekly charts, with macro factors favouring further upside if inflation continues to ease.
👉 Watch 3592 (bullish trigger) and 3575 (bearish trigger) – these are the decision points for the next major move.
Follow MMFLOW TRADING for daily updates and trade setups.
XAU/USD Bullish Setup – OB Zone to $3,590 TargetChart Overview (XAU/USD – 30m):
Current price: $3,534
Price is in a strong bullish channel (higher highs & higher lows).
Market forming an ATH (All-Time High) and consolidating.
📌 Strategies Applied:
1. Trendline Strategy:
Price respecting support & rejection lines inside ascending channel.
Trend remains bullish as long as price holds above support.
2. Order Block (OB) Zone:
Identified buying zone at $3,501 – $3,514.
Strong support + liquidity area → possible rebound point.
3. Moving Averages (EMA):
EMA 70 (3,508) and EMA 200 (3,464) both acting as dynamic support.
EMA alignment confirms bullish momentum.
4. Risk–Reward Setup:
Entry near OB Zone: $3,501 – $3,514
Stop-loss: below $3,500
Target: $3,590 (R:R ~ 1:3).
✅ Summary:
Gold is in a strong bullish trend 🚀. The OB Buying Zone aligns with EMA support, offering a low-risk long entry. As long as $3,500 holds, price likely pushes towards the target zone $3,589 – $3,590.
Gold Rockets Toward 3600 on NFP—How Can Shorts Escape?After the NFP market unexpectedly broke out, gold is currently testing the 3600 mark, and the bullish momentum is strong. However, when gold is facing the pressure of the 3600 psychological level, it is showing signs of stagflation at a high level. So I still think that before gold completely stands above the 3600 mark, it is still necessary for gold to retreat first.
Because the gold market rose sharply under the influence of the NFP market, many investors were unable to intervene in the market in time, and even some investors who had already bought gold at high prices were not determined. Therefore, once gold experiences stagflation at a high level, some unsteady chips may first consider taking profits, thereby triggering panic selling; on the other hand, the gold market has risen sharply, and off-market wait-and-see funds dare not enter the market easily. Due to the lack of liquidity, gold may lead to weak continuity, so there is also a need for a pullback to increase liquidity!
I still hold a short position in gold, with an average entry price of around 3582. Although there is a certain floating loss at present, the risk is still controllable and within expectations, so there is no need to be too nervous for the time being. I still expect gold to retreat to the 3570-3560 area before the market closes today.
XAUUSD Forming Ascending TriangleXAUUSD has successfully broken above the strong consolidation zone around 3440–3480, confirming a bullish breakout from the ascending triangle structure. This breakout signals strong momentum, as price has been building higher lows for months and finally cleared resistance with aggressive buying. The current level around 3596 shows bullish continuation with buyers in control.
From a fundamental perspective, gold is gaining support as US dollar strength eases and investors anticipate potential rate cuts from the Federal Reserve later this year. Increasing geopolitical tensions and rising demand for safe-haven assets are also fueling bullish sentiment. Market expectations of lower yields continue to drive capital flows into precious metals, reinforcing this breakout setup.
The technical structure highlights that as long as price sustains above the broken resistance zone, we can expect momentum to push toward 3700–3800 levels in the coming weeks. The bullish candle structure and clean breakout signal confirm strong institutional buying. Traders should monitor pullbacks to support zones as potential re-entry opportunities.
Overall, gold remains one of the most attractive assets in current market conditions. With both technical and fundamental factors aligned, this breakout on the 12H chart offers a high-probability continuation setup. Maintaining proper risk management remains essential as volatility could increase around economic releases.
XAUUSD – Post-NFP Big Win & Key Levels to Watch | MMFLOW TRADINGNonfarm Payrolls pushed gold (XAUUSD) to a new ATH near $3600/oz. After reacting sharply at the 3593–3595 liquidity sell zone, price dropped more than 200 pips before bouncing back quickly to retest the previous ATH and climbing again towards 359x, showing strong bullish momentum still in play.
Short-Term Outlook (US Session Close):
Upside momentum remains dominant, but the market now stands at two critical key levels that will define the next move.
Key Levels:
Bullish trigger: 3592 → A clean breakout above this zone could fuel further upside towards the next liquidity area around 362x.
Bearish trigger: 3575 → A break below this level may open a deeper pullback to fill the Nonfarm liquidity gap around 3550–3527.
Trading Plan:
BUY bias: Hold above 3592 → look for longs targeting 3610–362x.
SELL scalp: Break below 3575 → shorts towards 3550–3527.
Always apply strict risk management (SL just beyond the nearest key level).
Summary:
✅ After a 200+ pips BIGWIN on Nonfarm, gold retains strong momentum.
👉 Watch the 3592 & 3575 zones closely – they are the decision points for the next major move.
Follow MMFLOW TRADING for timely updates and trade setups!
XAUUSD – Gold Trading Plan Before NFP | MMFLOW TRADINGGold (XAUUSD) has been consolidating in a sideway range (355x–354x) after several days of sharp gains. Yesterday, price reacted strongly at the 357x liquidity zone, triggering a short-term correction before stabilising back into balance.
Now, the market is narrowing its range while waiting for the Non-Farm Payrolls (NFP) release later today — the key driver that will likely set the next directional move.
📊 Macro Context
If NFP comes in better than expected, Gold could extend its correction lower, filling liquidity gaps towards 352x – 350x before offering fresh long opportunities.
If NFP data disappoints, Gold may break ATH (357x) and push higher toward the next liquidity & FIBO extension levels near 3594+.
🔑 Key Resistance Levels
3560 – 3576 - 3594
🔑 Key Support Levels
3540 - 3528 – 3514 - 3502 – 3488 – 3478
📌 Trade Setups (MMFLOW Trading Plan)
🔵 BUY Zone: 3488 – 3486
🔴 SL: 3480
✔️ TP: 3492 – 3496 – 3500 – 3510 – 3520 – 3530 – 3540 – ????
🔵 BUY Scalp: 3528 – 3526
🔴 SL: 3520
✔️ TP: 3532 – 3536 – 3540 – 3550 – 3560 – ????
🔴 SELL Scalp: 3574 – 3576
🔴 SL: 3580
✔️ TP: 3570 – 3565 – 3560 – 3550 – 3540 – 3530 – ????
🔴 SELL Zone: 3593 – 3595
🔴 SL: 3600
✔️ TP: 3588 – 3584 – 3580 – 3570 – 3560 – 3550 – ????
📊 MMFLOW Trading View:
Gold is sideway ahead of NFP, and today’s breakout from the 3540–3565 range will decide the next major move. Liquidity remains key — watch how price reacts at 3515–3528 on the downside or 3576–3595 on the upside.
Brace Yourself: NFP May Send Markets Crashing AgainYesterday, gold rebounded after retreating to the 3537-3535 area, reaching a high of around 3561. Although gold has rebounded again, I believe its potential is limited. Because after gold retreated deeply from around 3578 to around 3511, its structure has been gradually changing, and the rebound was not strong. Judging from the current trend, 3578 is expected to form a temporary high point, and the withdrawal of large funds will easily stimulate gold selling sentiment in the short term, especially for those who are afraid of heights and are not firm.
There is an NFP market today. If gold cannot break through 3565 before NFP, then gold is likely to fall again and fall below the area around 3535.
Therefore, in terms of short-term trading, I will still insist on shorting gold on rallies. As long as gold does not exceed the area around 3565 during the rebound, 3578 may be successfully confirmed as the interim high point, and gold may usher in a good pullback again. We are looking forward to the reappearance of the deep pullback market during yesterday’s Asian session, which will bring us huge profits again.
all-time highs.Trend: Overall, gold has been in a strong uptrend since early 2025, following a rising support trendline.
Resistance: A horizontal resistance zone was tested multiple times before being broken recently around 3,450 – 3,500.
Support: The rising support trendline and the horizontal level around 3,450 now act as strong support.
Current Price: Around 3,544.62 at the time of the chart.
Pattern: Price formed higher highs and higher lows, respecting the trendline, then broke above resistance.
Projection:
A possible pullback toward the support zone (3,450 area) before continuation higher.
Next target is the ATH zone (around 3,700 – 3,750) marked on the chart.
In short: The chart suggests a bullish structure with potential short-term retracement before another leg up toward all-time highs.
Upside target is around the DOL (3,580 zone).The pair is trading at 3,548.15 (current level).
A stop loss hunt occurred earlier, clearing liquidity below before price pushed higher.
A Break of Structure (BOS) confirmed the bullish intent.
There’s a visible Fair Value Gap (FVG) between 3,500 – 3,510, which may act as a magnet for price to retrace into.
The structure suggests a possible pullback to fill the FVG, grab liquidity, and then continue higher.
Upside target is around the DOL (3,580 zone).
Overall bias: Bullish, but expecting a retracement before continuation.
Gold (XAUUSD) – 5 Sep | Bullish Bias, Watching 3550–3546 POI🟡 Gold (XAUUSD) Analysis – 5 September
Market Context
As highlighted in yesterday’s analysis, after printing new highs near 3578.6 , gold retraced and broke the M15 Demand / HL Zone (3530–3526) , forming an M15 ChoCH and signaling a short-term structure shift.
However, the strong bullish piercing candle that followed suggested a classic liquidity grab rather than a full trend reversal. Price held above 3526, reclaiming the same HL demand zone that was briefly taken out — confirming the move as a liquidity sweep. Since then, price action has turned internally bullish.
Current Price Action
Gold is currently trading around 3558–3560 , consolidating near intraday highs.
Key POI for Today
🔹 M15 Demand Zone : 3550–3546
This is my preferred POI for fresh long setups. If price retests this zone and gives M1 confirmation , I will plan a long trade from this zone.
Execution Plan
📈 Long Bias Only
• Wait for price to tap into 3550–3546 zone
• Enter long only after M1 confirmation
• SL : 40 pips (fixed)
• TP : 120 pips (fixed, targeting continuation toward new highs)
If this zone fails and price closes decisively below 3546, I will reassess and prepare for a deeper H4 pullback.
📘 Shared by @ChartIsMirror
Gold Price Analysis – Testing Resistance near Sell ZoneAnalysis:
Gold (XAU/USD) is currently trading around 3,551.40, showing minor intraday losses (-0.03%). The chart indicates a strong resistance zone between 3,556–3,563, identified as the “sell zone,” with an All-Time High (ATH) slightly above at 3,578.12. Price is consolidating beneath this resistance, struggling to break higher.
The Fair Value Gap (FVG) below suggests a potential retracement toward 3,511–3,520 if sellers gain momentum. The Ichimoku cloud shows mixed signals, with price hovering around the equilibrium, indicating indecision in the short term.
A break above 3,563 could trigger bullish continuation toward ATH, while rejection at this level may lead to a pullback into the highlighted FVG region.