Gold Consolidates After Hitting Record High–Uptrend Still Intact🔸 1. Market Overview
After reaching a new all-time high at 4,383, gold saw a sharp drop to 4,278, losing over 100 USD/oz before recovering. The price is now sideways within the narrow range of 4,340 – 4,350, reflecting short-term consolidation after strong volatility.
Traders are awaiting further signals from the Federal Reserve (Fed) regarding rate cuts, while geopolitical tensions and safe-haven demand continue to support gold in the medium term.
📊 2. Technical Analysis
• Immediate Resistance: 4,355 – 4,370
• Major Resistance: 4,382 (all-time high)
• Near Support: 4,330 – 4,320
• Key Support: 4,278
The EMA 50–100 continues to trend upward, confirming that the main trend remains bullish.
RSI (H1/H4) has returned to a neutral zone, showing temporary balance between buyers and sellers.
💡 3. Outlook
Gold is consolidating after a correction, and if the price holds above 4,320, the uptrend may resume toward 4,380 – 4,400.
Conversely, a break below 4,320 could trigger further short-term profit-taking toward 4,278.
🎯 4. Suggested Trading Strategy
🔺 BUY XAU/US: 4,335 – 4,330
🎯 TP: 40 / 80 / 200 pips
🛑 SL: 4,327
Futures market
Elliott Wave Analysis – XAUUSD (17/10/2025)🔹 1. Momentum
D1 Timeframe:
The D1 momentum is now fully in the overbought zone → the probability of a reversal is very high.
A corrective move could occur either today or on Monday next week.
H4 Timeframe:
H4 momentum has been sticking together in the overbought zone.
Currently, there are about 5 candles holding the oscillator at this level — typically, 5 to 8 candles mark a potential reversal cycle.
H1 Timeframe:
H1 momentum is still rising → price may extend slightly higher or move sideways to accumulate before a clearer signal appears.
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🔹 2. Wave Structure
D1 Chart:
The recent D1 candles are steep and impulsive, showing strong bullish pressure — indicating we are likely in Wave 3 (yellow).
I’ve adjusted the wave labels for better accuracy with current price structure.
Once D1 momentum reverses, we can expect the start of Wave 4 (yellow) correction.
H4 Chart:
• Waves (1) and (3) in blue are similar in length → suggesting Wave (5) blue may become an extended wave.
• Since price has broken above the Elliott channel, we should wait for a strong downward reaction together with momentum reversal on H4 to confirm:
✅ Wave (5) blue is complete,
✅ and Wave (3) purple has also finished.
⇒ Then, the market would begin Wave (4) purple correction.
💡 Note: During an extended Wave (5), avoid selling against the trend.
Be patient and wait for the first downward move — if it’s not deep, then buying from the next pullback would be a more reasonable strategy.
H1 Chart:
Within the blue Wave (5) on H1, we can see a five-wave red structure developing, and price is now in red Wave (3).
Inside red Wave (3), there’s another five-wave black sub-structure, currently in black Wave (4).
By drawing the Elliott channel, we can see that black Wave (4) is likely forming a flat correction, and one final small drop may still occur to complete the structure.
🎯 Ideal Target Zone:
• The high-liquidity area around 4297.
• This is a likely completion zone for the current flat pattern.
• If price doesn’t reach that level, we’ll use channel support confluence to identify the next valid entry area.
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🔹 3. Trading Plan
Buy Zone: 4298 – 4296
Stop Loss: 4276
Take Profit 1: 4363
Gold: Severely overheated in the short term, bullish long termIntermediate top signals everywhere. Don't get me wrong, we will move towards 10k Gold before 2030. But for now, we need to cool off. Probably a good idea to scale out right now if you're a swing trader looking for outperformance over the next 6-12 Mo.
Sentiment: Videos of queues in front of bullion shops around the world, people on X posting about moving from Bitcoin into Gold, mainstream media constantly talking about record gold prices
Technical: Weekly candle way outside Bollinger-Bands, monthly RSI at never before seen levels, insane parabola in 2025
A classic "it will pay to be a contrarian" situation.
Gold is about to enter the 4,400 era!Yesterday, gold saw dramatic fluctuations of 200 pips in the US market, a rare occurrence in gold's history. It even formed a V-shaped pattern in the Asian market. I've been buying long positions recently. The current bullish trend in gold is undeniable, but you need to be patient when entering long positions. Gold fluctuates wildly, with even a small pullback typically moving 50-80 pips, which used to be a weekly fluctuation. Today, I still recommend buying on pullbacks. Don't blindly chase long positions, nor go short against the trend. The daily chart remains strong, and all pullbacks are traps set by bulls. Patiently wait for a pullback before continuing to buy. If your current trading isn't ideal, I hope I can help you avoid investment pitfalls. Feel free to discuss your options!
Looking at the 4-hour market trend, the short-term support level of 4290-4300 is currently under consideration, with particular focus on 4270. The bullish trend is robust and there's no end in sight. Trading strategies should prioritize buying on pullbacks. In the intermediate range, be cautious and follow orders carefully, patiently waiting for key entry points. I'll provide detailed trading strategies during the trading session, so stay tuned.
Go long on gold with a light position at 4290-4300, and add to your long position on pullbacks to 4280-4286. The target is 4375-4380. Continue holding if prices break below this level, with the ultimate target at 4400!
SILVER - Breaking GoodWhile gold cycles are a bit cconfusing, the silver cycle is crystal clear.
Silver printed an ICL last year December .The intermediate cycle's first daily cycle is behind us . The DCL was printed on 28th February.
Right now we are in the 2nd daily cycle . This is the daily cycle where silver can break 35$ and finish this intermediate cycle at 40-42$ during the following weeks.
Gold printed a strong rally in the past weeks, but the xauxag ratio is turning down and there is a good chance the lower part of the consolidation box will be tagged during the following weeks.
If you are in a gold long position probably it's time to switch to a silver long position...
If you don't have any precious metal position it's time to open a silver long position.
Gold Latest Trend Analysis & Trading Strategy:
Core View: Dual tailwinds from macro and sentiment fronts are driving a strong gold price rally. The trading bias should favor following the upward trend, while staying vigilant about profit-taking risks at high levels.
I. Core Driving Factors Analysis (Fundamentals)
Bullish Factors:
Fed Rate Cut Expectations: The Fed's reaffirmed plan for rate cuts this year has significantly weakened the US Dollar, providing strong upward momentum for dollar-denominated gold.
US Government Shutdown Risk: The ongoing fiscal impasse, potentially costing up to $15 billion weekly, continues to pressure the USD and bolster gold's safe-haven appeal.
Potential Risks:
Geopolitical De-escalation: If current tense geopolitical situations show signs of阶段性缓和, demand for gold as a safe-haven asset could wane, potentially capping its gains.
II. Key Technical Level Analysis (Technical)
Current Trend: Strong Bullish. Gold has broken through the $4000/oz psychological level, opening unlimited upside potential and consecutively setting new all-time highs.
Key Resistance: $4380 - $4400 area. A break above this zone targets the next objective around $4500.
Key Support: $4310 - $4300 area, followed by $4280.
Strong Bullish Zone: Above $4310/$4300, the uptrend remains intact.
Bull-Bear Conversion Zone: A decisive break below $4280 could trigger significant profit-taking, potentially leading to a deeper correction towards $4250 seeking support.
III. Comprehensive Trading Strategy
Guiding Principle: Buy on dips, avoid chasing the rally higher.
Long Strategy (Primary):
Ideal Entry: Wait for a pullback towards the $4310 - $4300 support area. Enter long upon signs of stabilization.
Alternate Entry: Consider a secondary long entry if a slightly deeper pullback finds support around $4280.
Profit Target: Initially aim for the $4380 - $4400 area. If the breakout is strong, consider holding towards $4500.
Risk Management: Always use a stop-loss, Strict stop loss 8$-10$
Short Strategy (Secondary & Risk Control):
Actively shorting against the trend is not recommended in the current environment.
Short-side considerations are only for two scenarios:
a. Clear rejection signals (e.g., bearish candlestick patterns) appear near the strong $4380-$4400 resistance zone, allowing for light, short-term speculative shorts with quick exits.
b. If price unexpectedly breaks below the key $4280 support, consider a short follow-through trade targeting $4250.
IV. Risk Warning
Beware of Profit-Taking: After a nearly $200 surge in a single day and trading at absolute historical highs, the market is prone to sharp, short-term pullbacks due to "profit-taking," especially during sessions like Friday's.
Strict Risk Control: Given the current highly volatile conditions, strict position sizing and stop-loss discipline are mandatory for both long and short trades to protect against sudden reversals causing significant losses.
Summary: The gold market is currently dominated by strong bullish sentiment. Following the trend is the preferred strategy. Traders should patiently wait for pullbacks to key support levels to initiate long positions, avoiding buying directly after sharp spikes. Simultaneously, close attention should be paid to subsequent developments in fundamental news.
BEARS GAINING MOMENTUM It looks like there is a trend shift is on the way, selling looks favorable now, but a good sell entry is if price moves and closes below the second/middle rectangular block, so you sell around 4324-15 if price comes to retest, as long price is above or within the block it could buy any moment until it closes below
GOLD SELLERS WILL DOMINATE THE MARKET|SHORT
GOLD SIGNAL
Trade Direction: short
Entry Level: 4,341.28
Target Level: 4,245.41
Stop Loss: 4,404.72
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 2h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
XAUUSD – The uptrend is still on fireGold set a record for the fourth straight session, breaking above $4,300/oz as haven flows surged amid lingering U.S.–China trade tensions, the U.S. government shutdown risk, and rate-cut expectations. The “safety + lower rates” narrative is clearly fueling the uptrend.
On H1, price is moving within an ascending channel and trading above the EMA34/89, indicating bullish momentum. 4,310 is the nearest support; below that is 4,270–4,290 (EMA34 + demand zone).
Base-case path: hold above 4,310, form a shallow consolidation, then break 4,36x–4,38x toward 4,440. If price dips to 4,270–4,290 and reacts well, the uptrend remains intact.
Risk note: an H1 close below 4,260 would signal short-term weakening and call for a wait-and-reaccumulate approach. Overall, macro + technicals align for the next leg higher toward 4,440.
XAU updateQuick one here ☝️
Pre NY things!!!!
Righto. Pa messy, okay!!!!
Here’s the thing. $4359 into $4365 has a turning point there.
If we don’t hold below $4318 coming into NY there is a high chance we return the given handlles before chasing on target.
However!!!! $4245 demands.. can’t stress that enough and it WILL BE MET 💯% hands down…
If we get into that handle before 359/69, this is a clear sweep and the job for $4484.74 will come through from those levels next week!!!
Flip the scrpt if we target $4484.74 first.
Big moves, save the 60pips for the children 🫶🏽🫶🏽
Stay out. Let others make money if they can.Gold rose this week — so far (and I really want to stress so far) — by around 10%. That’s massive by any standard.
On Monday, I tried to catch a dip and missed it. Since Tuesday, I’ve been on the sell side — completely wrong on direction, yet somehow still managed to finish positive overall.
Yesterday my stop got hit, but after what happened overnight, it turned out to be just a scratch. With this kind of volatility, a recovery of 250pips can happen in ten minutes.
Looking at the chart — it’s bullish, no question. Should it be bought? Hmmmm...
Looking at the volatility… for me, it’s become untradeable.
Can it keep going higher? Of course.
How high? Nobody knows.
At this point, any prediction is just throwing numbers in the air.
Trading corrections, as I’ve tried to do, is a guessing game. I’ve had some luck so far, but after yesterday's stop loss, I’m stepping aside.
My take: stay out. Let others make money if they can.
A 1,000-pip rise and an equal reversal — all while I was asleep (and trust me, I sleep very little) — is too crazy. Stops can be wiped for bulls just as easily as for bears.
At some point, it will settle down and define its levels.
Until then — it’s not for me anymore.
GOLD Bullrun and New ATHsI do not know whether the top is in yet or not because I have now learned to trade what I see.
And what I am currently seeing is a newly created and retested demand zone, which will highly likely result in another bullish impulse and new ATHs and this is another 2 or even 3 RR setup.
Beware of a deep decline in gold:
I. Core Drivers Analysis
🔹 Fundamental Support
Safe-haven demand persists: Government shutdown risks and geopolitical tensions drive capital flows into gold.
Fed Dovish Expectations: Markets are pricing in two more rate cuts within the year, putting pressure on the USD.
Note: Potential short-term USD rebound could cap gold's gains.
🔹 Technical Analysis
Five consecutive bullish daily candles hit a new record high, confirming a solid bullish structure.
Short-term overbought conditions are present, but no exhaustion signals are seen, indicating strong buying momentum.
Key Support Levels: 4210-4200, 4180, 4150
Key Resistance Levels: 4250-4270
II. Key Battle Points
✅ Bullish Advantages
Dual drivers from safe-haven demand and rate cut expectations.
Technical charts show characteristics of a trending upward move.
⚠️ Potential Risks
A short-term USD rebound could limit the upside.
Thursday marks a traditional potential reversal time window.
Pressure for a technical correction due to extreme overbought conditions.
III. Practical Trading Strategies
🎯 Primary Strategy: Buy on Dips
Ideal Entry Zone: 4180-4190 range
Alternative Entry: Light long positions near 4200-4210
Stop Loss: Set below 4170
Profit Targets: 4250 → 4260 → 4270
🎯 Secondary Strategy: Hedge with Shorts
Condition: First touch of the 4250-4270 resistance zone WITH clear signs of stalling/pullback.
Stop Loss: Above 4280
Profit Target: 4220-4210
IV. Key Reminders
If price consolidates within the 4180-4250 range, consider buying near support and selling near resistance.
⚠️ Risk Management Essentials:
ALL long positions must have strict stop losses to guard against reversal risks.
4150 is the mid-term bull/bear dividing line; a break below could signal the start of a deeper correction.
Comprehensive Recommendation: Prioritize the buy-on-dips strategy near the 4180-4190 support zone during the day, closely watching the price action around the 4250-4270 resistance area. Exercise caution with position sizing in this record-high territory and avoid excessive chasing of rallies.