Daily Market Analysis of XAUUSDCurrently, XAUUSD is oscillating within the range of 3626 to 3646. Volatility is expected to remain limited until the Fed makes a decision on interest rate cuts. It is advisable to conduct relatively small-scale transactions where possible to avoid losses stemming from other unofficial news related to the policy.
Buy 3625 - 3635
TP 3645 - 3655 - 3675
Daily-updated accurate signals are at your disposal. If you run into any problems while trading, these signals serve as a reliable reference—don’t hesitate to use them! I truly hope they bring you significant assistance
Xauusdbuy
9/15: Ahead of Rate Decision, Market Enters ConsolidatioGood afternoon, everyone!
Key Resistance: 3643–3652
Key Support: 3633–3623 / 3616–3607
Trading Strategy
Focus on selling at highs and buying at lows within 3658–3628;
This week will be anything but calm — Wednesday’s rate decision is expected to spark another wave of volatility. Whether it turns into big profits or losses depends entirely on risk management, so make sure you’re prepared.
On the 30M chart, price remains capped below the 3643–3648 (extended to 3652–3658) resistance zone. This level is crucial:
A sustained breakout above could trigger another push toward 3668, with room for fresh highs;
Failure to break higher will likely lead to a pullback toward the 3600 area.
Regarding the FOMC decision: the market consensus is for a 25bp move. Any result above or below that would be considered a “surprise.” After the announcement, gold is more likely to follow a spike-and-reversal path — either a brief rally followed by decline, or a direct drop with a rebound later, entering a consolidation phase with a bearish tilt.
⚠️ Reminder: With such a key event ahead, keep positions light and always use stop-loss orders.
Fed rate cut undecided,small trades recommended.At present, it is in a range-bound oscillation between 3626 and 3646. There will not be much volatility before the Fed decides to cut interest rates. It is recommended to conduct relatively small transactions as much as possible to avoid losses due to the other non-official news background about the policy
Buy 3625 - 3635
TP 3645 - 3655 - 3675
XAUUSD potential drop to 3600.00, FOMC reflection?with the upcoming FOMC started relect in GOLD as the price opened with sharp rejection with 2 back to 1h candles formed with liquidity grab. Though it is a long term bull market, a deeper pullback may come in play with potentially ranage bound since the FOMC as rate cut may ahead.
Until FOMC, we may see the market range 3657 to 3600
before it start to bounce of to the major direction of the trend or
depending on the Fed decision, even could see dropping back to monthly support
ANFIBO | XAUUSD Plan [15.10.2025 - 19.10.2025]Here is my XAUUSD plan for next week:
💚 SUPPORT ZONES : 3625 - 3595 - 3580 - 3575
❤️ RESISTANCE ZONES : 3665 - 3670 - 3700
✅ BUY SCALP : around 3595, SL 3580, TP 3625 - 3645 - 3670
❌ SELL SCALP :
(1) 3673 - 3675, SL 3678, TP 3645 - 3600
(2) 3700 - 3705, SL 3710, TP 3675 - 3610
✅ SWING BUY : 3550 - 3560, SL 3540, TP 3625 - 3675 - 3700 - OPEN
❌ SWING SELL : 3790 - 3801, SL 2820, TP 3700 - 3570 - 3450 - OPEN
Enjoy it guys! 😊
Gold (XAU/USD) Forex SignalGold (XAU/USD) has been showing strong bullish momentum recently, but the latest Zig Zag pattern and RSI (Relative Strength Index) suggest a potential correction in the short term. Let’s analyze and provide a clear forex trading signal.
Market Overview
| Pair | Gold (XAU/USD) |
| -------------- | ------------------------------- |
| Current Price | \$3,680.7 |
| Trend | Bullish with minor pullback |
| Key Indicators | Zig Zag (5,10), RSI (14, close) |
| Volatility | High |
| Market Session | US Session |
Technical Analysis
Zig Zag Indicator: The last leg shows a peak around **\$3,679.3** followed by a small correction, signaling possible short-term weakness.
RSI (14): Currently near the **55 level**, coming down from overbought territory (>70). This indicates the bullish rally may be slowing, and sellers could test the downside.
Support Levels: \$3,650 – \$3,620
Resistance Levels: \$3,720 – \$3,750
Gold Trading Signal (September 14, 2025)
| Signal Type | Sell (Short-term) |
| ------------- | --------------------- |
| Entry Zone | \$3,680 – \$3,690 |
| Stop Loss | \$3,720 |
| Take Profit 1 | \$3,650 |
| Take Profit 2 | \$3,620 |
Analysis: Since RSI has cooled off from overbought levels and Zig Zag shows a minor top formation, a short-term selling opportunity is expected. However, the long-term trend remains bullish, so aggressive traders may wait for dips to re-enter long positions.
Alternate Scenario
If gold breaks above \$3,720, the bearish setup becomes invalid, and bulls may drive the price toward \$3,750 – \$3,800.
FAQs on Gold Forex Signals
Q1: Is gold still a good buy in September 2025?
Yes, gold remains in a long-term uptrend, but short-term pullbacks are expected.
Q2: What is the best strategy for XAU/USD now?
Swing traders can short near resistance with tight SL, while long-term investors can buy on dips.
Q3: Which indicators are most useful for gold trading?
RSI, Zig Zag, Moving Averages, and Fibonacci retracements work well with gold volatility.
Conclusion
Gold (XAU/USD) is consolidating after a strong bullish move. Short-term traders can look for sell opportunities near \$3,680 with targets at \$3,650 – \$3,620, while long-term traders should stay bullish and buy dips.
XAUUSD/GOLD Daily Sell Projection (13.09.25)📌 Chart Overview
Pair: XAUUSD / Gold Spot vs USD
Timeframe: Daily (1D)
Projection: Sell Setup
🔹 Key Technical Zones
Major Resistance Zone
Around 3,696 – 3,680 level.
Confluence with trendline resistance.
Resistance Levels
R1: Near 3,650.
R2: Near 3,696.
Major Support Levels
S1: ~3,600.
S2: ~3,579 – 3,580.
🔹 Bearish Signals
Price has touched major resistance & trendline (marked “OBEY”).
Increase in seller dominance (demonetization of buyers visible).
Shooting Star candle pattern at resistance → indicates possible reversal.
🔹 Trade Idea
Entry: Near resistance rejection (3,680–3,696 zone).
Target: Towards 3,600 – 3,579 supports.
Stop Loss: Above major resistance / 3,696 zone.
Bias: Short-term sell projection while price respects resistance.
🔹 Special Note
Marked OBEY FVG zone (Fair Value Gap) → indicates that price is likely to fall into that area but won’t break below 3,579 support strongly unless fundamentals shift.
Overall bias: Sell from resistance, book profits at support
XAUUSD Scalp Buy @ 3643XAUUSD Scalp Buy @ 3643
XAUUSD – Scalp Buy Setup at 3643 | Intraday Momentum Play
Gold is showing bullish momentum on lower timeframes, bouncing off minor support at 3643. Price action confirms buyer interest, with indicators flashing short-term upside potential. This scalp setup is designed for fast execution and tight risk control.
📌 Trade Parameters
- Entry: 3643
- Stop Loss: 3637.5 (below recent wick)
- Take Profit: 3652 / 3655
- Risk/Reward: ~1.5–2:1
📊 Technical Confluence
- Price above 55-MA channel on M1/M5 charts
- Heiken Ashi candles turning green (trend confirmation)
- RSI climbing from mid-zone, showing momentum
- MACD crossover on 5M chart
- Volume spike on bullish candles
💬 Scalper’s Narrative
Gold is reacting positively to intraday support, with buyers stepping in around 3643. If price holds above 3645, expect a quick push toward 3652–3655. This scalp setup favors fast execution during active sessions. Avoid trading inside the MA channel—wait for breakout confirmation.
Setup remains valid unless price breaks below 3637.5 with volume. Align with higher timeframe bias: scalp buys only if price is above the 200-MA
Breakout Confirmed, Macro Drivers & Key Liquidity Zones 🚀 XAUUSD | MMFLOW TRADING
📊 Market Context & Macro View
Gold (XAUUSD) has confirmed a breakout above its short-term descending trendline, signalling renewed bullish momentum after several sessions of compression. This move comes as traders price in slowing US inflation and increasing confidence that the Federal Reserve could pause or even ease monetary policy in the coming months.
🔹 Macro Drivers Supporting Gold:
US CPI & PPI softness → Indicates cooling inflation, reinforcing expectations for stable or lower rates.
Treasury yields steady, while a weaker USD provides an additional tailwind for gold prices.
Geopolitical tensions and central bank accumulation continue to underpin long-term bullish sentiment.
⚠ Risk: Liquidity sweeps remain a possibility ahead of next week’s Fed meeting—watch for false breakouts and sharp reversals.
🔑 Key Technical Levels (H1)
Immediate Resistance: 3,654.17 (React Zone FIB)
OBS Sell Zone: 3,664.52
Upper Liquidity Target: 3,679.31
Major Sell Liquidity: 3,709.85
Supports / Buy Liquidity Zones:
• 3,637.91 – Breakout Retest
• 3,631.63 – CP Support
• 3,622.41 – Deeper Liquidity Layer
• 3,584.78 – END Liquidity BUY ZONE
📈 Scenario & Outlook
London Session: Expect a retest of breakout zones (3,638–3,632) for liquidity collection before another potential leg higher.
A clean break through 3,654 → 3,664 could trigger fresh buying momentum toward 3,679–3,709.
Failure to hold 3,622 would expose deeper support at 3,584 as the next key level.
📌 Trading Plan
🔵 BUY ZONE 1: 3,635 – 3,633
SL: 3,629
TP: 3,640 → 3,645 → 3,650 → 3,660 → 3,670 → ???
🔵 BUY ZONE 2: 3,621 – 3,619
SL: 3,615
TP: 3,625 → 3,630 → 3,635 → 3,640 → 3,650 → 3,660 → ???
🔴 SELL ZONE: 3,708 – 3,710
SL: 3,715
TP: 3,704 → 3,700 → 3,695 → 3,690 → 3,680 → ???
🔴 SELL SCALP: 3,679 – 3,681
SL: 3,685
TP: 3,675 → 3,670 → 3,665 → 3,660 → ???
✅ Summary
Gold is holding its breakout above key levels, supported by softer US inflation data and a weaker USD. Liquidity sweeps may occur in the near term, but the broader trend remains bullish as long as 3,622 holds.
👉 Follow MMFLOW TRADING for real-time updates, liquidity scenarios, and BIGWIN trade setups as gold reacts to macro drivers and critical technical zones.
XAUUSD buy again at 3638.08Previous daily price was a stong rejection from this lower price with a long wick candle forming today price started to move again back to the upside with rejection from the support. As weekly close coming, we may see another test of the daily support and may continue with a bullish channel formation.
3638.08 level is one area can look for bullish trade setup for this potential uptrending move in the market.
XAUUSD Trading Recap and RecommendationYesterday, we successfully went long at a low level, entering the market within the 3,600-3,620 range. Today, when the price moved up to 3,650, we executed the TP as planned and secured profits smoothly.
Today's Trading Advice: Buy on Pullbacks
Buy 3630 - 3640
TP 3650 - 3660 - 3670
Daily-updated accurate signals are at your disposal. If you run into any problems while trading, these signals serve as a reliable reference—don’t hesitate to use them! I truly hope they bring you significant assistance
3600 Support Holds Firm;Gold Oscillates, Awaiting CPI for BuyingAfter gold broke through 3670, a sharp correction occurred. Currently, the support at 3600 still holds, and gold is oscillating in the range of 3620-3640. The release of today's U.S. CPI data may increase the market's bets on the Federal Reserve's interest rate cuts. However, before the Federal Reserve releases its news, the overall market will still continue to move upward, and pullbacks present better buying opportunities
Buy 3600 - 3620
TP 3640 - 3650 - 3660
Daily-updated accurate signals are at your disposal. If you run into any problems while trading, these signals serve as a reliable reference—don’t hesitate to use them! I truly hope they bring you significant assistance
9/12: Tug of War, Watch Resistance at 3658 and Support at 3623Good afternoon, everyone!
Key Supports
30M: 3643–3635
1H: 3637
2H: 3628
4H: 3630 / 3578–3571
1D: 3639 / 3591
Key Resistance
3658–3663
Intraday Trading Outlook
Prioritize selling at highs;
Consider short-term long entries near support, but keep trades quick and disciplined with tight stop-losses.
Yesterday, gold rebounded from 3623 but failed to break resistance, then pulled back to 3610 before bouncing again. With news-driven momentum, it broke through the 23–33 resistance zone, which aligned with our expectations. Currently, the 23–33 support is holding, while price is testing the 3658 resistance, putting the market in a consolidation phase. Technically, bears hold a slight advantage. Key levels to watch are 3637–3633/3623 supports, especially the 3628 level on the 2H chart — a breakdown here would severely weaken the bullish structure.
Today is Friday, and next week’s rate decision will provide clearer direction. Ahead of that:
If price remains in a tight range, risks are limited;
If bulls push higher, a post-news decline is likely (buy the rumor, sell the fact);
If bulls exit early or trigger a fake move, bears may take the lead, causing a deeper drop.
⚠️ Reminder: Volatility risk is high — avoid holding positions for too long and always set a stop-loss, regardless of profit or loss.
ANFIBO | I think XAUUSD on 12.10.2025 ???After breaking the H1 uptrend line, Gold returned to the Fibo retracement zone 0.5 with a strong rebound, the current price is moving around the price zone 3655 and still maintains a strong rebound. Pay attention to the following important zones for today's strategy:
>> SELL SCALP: 3673 - 3675, SL 3678, TP 3655 - 3625 - 3600
>> BUY SCALP: around 3595, SL 3588, TP 3625 - 3645 - 3665
>>> SWING BUY: 3560 - 3570, SL 3550, TP 3620 - 3675 - 3700 - OPEN
>>> SWING SELL: 3790 - 3801, SL 2820, TP 3700 - 3570 - 3450 - OPEN
Have a nice weekend guys! :D
Gold Bulls Eye Fresh Highs Amid Fed Cut Bets 📊 Technical Structure
Gold (XAU/USD) is attempting to reclaim upside momentum after bouncing from the $3,632–$3,636 support zone. Price broke above the descending trendline, signalling potential bullish continuation if sustained above the support. Key resistance lies at $3,655–$3,658, aligning with prior rejection levels.
🎯 Trade Setup
Entry: $3,633–$3,636 (Support retest zone)
Stop Loss: $3,632
Take Profit: $3,655 / $3,658
Risk-Reward Ratio (R:R): ~1 : 4.95
🌍 Macro Background
Gold edged lower to $3,630 earlier in the Asian session as profit-taking and a stronger USD weighed on the metal. However, Fed rate cut expectations remain strong, with markets fully pricing in a 25bps cut in September and Barclays projecting three consecutive cuts by year-end. Meanwhile, geopolitical tensions continue to underpin safe-haven demand — Poland intercepting Russian drones and Israel’s strike on Doha highlight rising risks. This backdrop suggests dips could remain well-supported as traders await the University of Michigan Consumer Sentiment Index for further cues.
🔑 Key Technical Levels
Resistance: $3,655 / $3,658
Support: $3,633 / $3,636
Major Support Zone: $3,620
📝 Trade Summary
Gold remains underpinned by Fed easing expectations and geopolitical risks despite short-term profit-taking. The break above the trendline favours buying dips, with upside potential toward $3,655–$3,658. However, failure to hold $3,632 may trigger a retest of $3,620.
⚠️ Disclaimer
This analysis is for reference only and does not constitute trading advice. Trading involves significant risk, and proper risk management is essential.
XAUUSD – CPI Data Breakdown & Professional Insight | MMFLOW 🚀 XAUUSD – CPI Data Breakdown & Professional Insight | MMFLOW TRADING
📊 CPI Results (September)
Core CPI m/m: 0.3% (In line with forecast: 0.3%, previous: 0.3%)
CPI m/m: 0.4% (Above forecast: 0.3%, previous: 0.2%)
CPI y/y: 2.9% (In line with forecast: 2.9%, previous: 2.7%)
📈 MMFLOW Insight – What This Means for Gold (XAUUSD)
1️⃣ Headline CPI Beat Signals Sticky Inflation
The uptick to 0.4% m/m surprised markets and indicates inflationary pressures are not cooling as much as expected.
This strengthens USD short-term and pushes Treasury yields higher. The initial reaction is selling pressure on gold as traders price in a more hawkish Fed stance.
2️⃣ Core CPI Stability Offers Mixed Sentiment
Core CPI staying flat at 0.3% suggests underlying price pressures remain steady.
This tempers extreme hawkish expectations, leaving room for gold to recover after initial volatility, especially if yields stabilize.
3️⃣ Medium-Term Implications
Despite today’s stronger headline CPI, inflation remains on a downtrend y/y (2.9%), supporting the broader narrative of a Fed pivot in the coming months.
Central banks (esp. PBoC & EM countries) continue to accumulate gold, which underpins long-term bullish bias.
🔑 Technical Reaction Zones (M15/M30)
Resistance: 3,648 – 3,654 (Trendline/React FIB)
Support / Liquidity Zones:
• 3,624.33 – Key Zone Support BUY
• 3,612.54 – CP/React Zone FIB
• 3,599.23 – Major BUY Zone
🛠 Trading Approach After CPI
Expect whipsaw price action: an initial spike lower (USD strength) followed by potential recovery if buyers defend liquidity zones.
SELL Scalp: Only on strong rejection from 3,648–3,654 with tight SL.
BUY Opportunity: Watch for confirmed bounce signals at 3,624 / 3,612 / 3,599.
Stay nimble: CPI-induced volatility can sweep both sides before choosing direction.
✅ Summary
The hotter CPI print adds near-term pressure to gold, but the overall structure and central bank demand remain supportive. Expect liquidity sweeps before a potential bullish continuation.
👉 Follow MMFLOW TRADING for real-time execution updates, liquidity setups, and professional market insights during this volatile post-CPI session.
Focus on CPI, 3640, 3620 long and short key pointsThe market focuses on CPI data, and in the short term 3640-3660 becomes the dividing line between bulls and bears for gold.
From the news perspective, due to the sharp decline in employment rate, the employment and economic environment in the United States have been affected, and a September interest rate cut is almost a foregone conclusion, which has prompted the recent continuous rise in gold prices. Whether the interim high of 3675 means that gold has peaked remains to be seen.
From a technical perspective, gold rebounded yesterday to correct Tuesday's decline, reaching a high of around 3657 before continuing its technically bearish downward trend and retreating to around 3640. Today, gold's overall volatility in the Asian and European sessions was limited, with 3640-3660 forming a short-term upper pressure, also becoming the dividing line between bulls and bears.
If the CPI data is bullish for gold, the first thing gold needs to do is to break through the short-term pressure of 3640-3660. Once it breaks through strongly and stabilizes above 3660, gold will continue to rise and is expected to set a new high of 690-3700.
On the contrary, if the CPI unexpectedly falls short, gold will only rebound tentatively but will be unable to break through the short-term suppression of 3640-3660, then the bears will officially counterattack and the market will briefly bid farewell to the bulls. A break below 3600 would target the key support level of 3580.
In summary, focus on the 3640-3660 resistance level and the 3620-3610 support level. If the European session sees a pullback to support without a break, a small, light position can be considered, For cautious traders, it's advisable to set the stop-loss order with a buffer of $3-5, depending on their account size.with a potential profit target of $10-$30. More conservative traders can wait for the CPI data before entering a trade.
GOLD Very Bullish , Can We Buy Again And Get 200 Pips ?Here is My 15 Mins Gold Chart , and here is my opinion , we finally above 3639.00 and we have a 4H Candle closure above it and we have a Perfect Breakout and this give us a very good confirmation ,and also we have a reversal pattern and the price closed above neckline , so we have a good confirmation now to can buy from 3639.00 when the price back to retest it , we need the price to go back and retest it and give us a good bullish price action and then we can enter , we can targeting 100 to 200 pips . if we have a daily closure below this area this mean this idea will not be valid anymore .
Reasons To Enter :
1- Perfect Touch For The Area .
2- Clear Bullish Price Action .
3- Bigger T.F Giving Good Bullish P.A .
4- The Price Take The Last High .
5- Perfect 15 Mins Closure .
6- Reversal Pattern .
9/11: Double Top Pattern, Bearish OutlookGood afternoon, everyone!
Yesterday, the market showed limited volatility, with prices capped around 3343–3358, failing to break through, which delayed the expected downward cycle.
Today, the trend looks clearer:
A double-top pattern has formed;
Price tested the 23 support for the first time and rebounded slightly;
Key resistance levels are 32–37, followed by 41;
If the rebound fails to break resistance, the 23 support is very likely to be broken;
Main supports to watch are 3610 (2H chart) and 3578–3550 (4H chart).
🔹 Trading Strategy
Focus on short positions;
Try quick long trades near support, but avoid being greedy;
If rebounds fail at resistance, shorts may accelerate, so risk is relatively high.
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 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.
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.
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.