3539, continue to increase in price⭐️GOLDEN INFORMATION:
Gold (XAU/USD) extends its rally for a sixth straight session, hitting a new record high in Asia on Tuesday as expectations of a Fed rate cut, tariff uncertainty, and geopolitical tensions fuel safe-haven demand. However, the metal struggles to hold above the $3,500 mark amid a firmer Dollar and overbought conditions, with traders eyeing key U.S. data this week, including Friday’s Nonfarm Payrolls.
⭐️Personal comments NOVA:
Gold price breaks old peak, market is fomo into next big price increase. Waiting for next ATH: 3539
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3539- 3541 SL 3546
TP1: $3530
TP2: $3520
TP3: $3510
🔥BUY GOLD zone: $3470-$3468 SL $3463
TP1: $3480
TP2: $3490
TP3: $3500
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
GOLD.F trade ideas
Gold - Buy around 3371, target 3388-3399Gold Market Analysis:
Review yesterday's gold trading strategy to see if it matches the market fluctuations. We clearly saw yesterday's bullish trend, so we tried to stick to buying at low prices. Today's strategy remains to buy. Note that gold has reached the 3400 mark again. There are two possibilities: either it will recover below 3400 and gather strength, or it will fail to break through 3400 and experience a minor structural pullback. In either case, we can buy at low prices and go bullish. Avoid buying above 3400. Historically, prices haven't stayed above 3400 for long, and there have been four major dips. Gold's direction on the daily chart remains unclear, indicating a period of high volatility. The weekly chart also shows repeated fluctuations, so we need to discern the rhythm of its major fluctuations. The above analysis chart shows three support levels forming below. If 3351 breaks, we'll adjust our approach to a bearish one. Until it breaks, we'll maintain a buy-to-top strategy. Today, I predict it will continue to rise repeatedly. Although it has reached a new high, gold's recent trend is unlikely to continue. If it unexpectedly reaches a new high in the Asian session, we'll consider buying above 3400. The strategy during the Asian session is to buy around 3370.
Support is 3370 and 3360, resistance is 3386 and 3393, strong resistance is 3402, and the market's strength-weakness dividing line is 3378.
Fundamental Analysis:
There are no major data releases this week. A few unexpected events may have a certain impact on gold fundamentals. The Federal Reserve's monetary policy is generally stable, and the new highs in Treasury bonds support buying in gold.
Trading Recommendations:
Gold - Buy around 3371, target 3388-3399
**Gold 30-Min Chart: Bullish Reversal from Demand Zone TargetingThis gold (XAU/USD) 30-minute chart shows a recent **bullish reversal** after price reached a demand zone near 3,376–3,372. The chart highlights a “reversal” point within the blue demand area, where buyers stepped in to push price upward. A clear **change of character (ChoCH)** was noted earlier, and the price is now attempting to move higher. The projection (blue arrow) suggests a potential bullish continuation targeting the supply zone near 3,394–3,398, with resistance around 3,397 (weak high) and 3,404. Overall, the chart signals a possible short-term upside move if support at the demand zone holds.
Gold weekly and monthly levels with both buy and sell entries Gold analasis weekly and monthly levels.
Buy and sell entries clearly marked wait for conformation before entering.
Some points to consider
📈 Gold prices have hit record levels, closing at 3450, with a positive outlook for September.
📊 Key levels to watch are 3200, 3250, and 3300, as trading below these could signal a reversal.
🔍 Technical analysis suggests a potential breakout, but the market is currently overbought.
🚀 A breakout above 3500 could drive gold prices towards 3600.
⏳ September is a critical month for determining gold price trends.
📉 Maintaining price levels at 3466 and 3475 is essential for a bullish sentiment; otherwise, a reversal is likely.
As always use poper risk mamnagement if taking these trades as swing trades please allow the proper amount of stop loss.
Gold by nature will retrace in order to pick up bids before moving in the true direction please keep this in mind.
As always trade safe
Gold Buys Again3500 target , finally it has been achieved. Now many traders will be looking for some juicy sells which i don't see on chart, my final target for gold is currently 4000$ but lets not go that high rn.
There's two solid supports which are great buying area 3465-3471 and 3483-3491 , im expecting gold to test these areas and go up to test current resistance @ 3502-3507, but as we know gold is unpredictable and its possible that these areas will never get tested instead it'll fly above 3500 level so ive already given targets if that happens. Buy dips but with confirmation
GOLD - false breakout of 3500 and correction to 3400 Ahead lies strong resistance and a psychologically important price level: 3500. The closer the price gets to this zone, the more the market will manipulate before large players take profits, which may begin after a false breakout...
In addition, the 3435-3410 zone is also of interest to MM, since after the breakout of global consolidation resistance and the formation of a rally, there has been no correction yet.
Scenario: The breakout of resistance may be deep, and within the upward movement, the market may test 3510-3525 before the spark fades. A return below 3500 will confirm the false breakout, which will trigger profit-taking and a reversal in traders' actions. There may be a correction to the specified levels.
XAUUSD 1H – EW Short SetupHi fellow traders,
On the 1H XAUUSD chart, I am applying Elliott Wave principles to outline a bearish setup. Price has completed wave (y) within a larger corrective structure, and I expect a continuation lower as wave C unfolds.
I am entering at the current price, with a Stop Loss at 3393.48, which also serves as the invalidation level. My Take Profit is set at 3309.84, targeting the projected completion of wave C within the golden box. If price moves above the invalidation level, this wave count is no longer valid.
Good luck and trade safe.
Beyond the Chart – GOLD Market Technical AnalysisOANDA:XAUUSD Short Setup
Price swept liquidity above recent highs and rejected with a Volume Climax (VC). Market structure shows a Break of Structure (BOS) to the downside, aligning with the bearish trend.
Targeting the imbalance (FVG) below at 3376.78 as price seeks efficiency. Volume profile confirms sellers taking control after the fakeout. 🔑
Gold (XAU/USD) Technical Analysis – Daily Timeframe🔹 The chart shows the formation of a symmetrical triangle. Price is consolidating within a tight range, indicating a potential breakout soon.
✅ Bullish Scenario:
• Break and close above the 3400–3420 zone
• Targets: 3600, followed by 3700–3800 USD
❌ Bearish Scenario:
• Break below the triangle support around 3300
• Corrective targets: 3200, followed by 3000 USD
📌 The 50-day moving average is positioned below the current price, acting as a dynamic support, which increases the likelihood of a strong bullish breakout.
Gold Plan 26/08 – Captain VincentXAU/USD – Trump’s surprise move boosts gold sharply, what’s next?
1. News Waves 🌍
Trump suddenly dismissed FED Governor L. Cook, citing irresponsible recent financial decisions.
👉 This political–monetary shock pushed gold up more than 30 points from 3,350 – 3,352, as investors feared internal instability at the FED could weaken the USD.
Safe-haven demand was triggered, but gold is unlikely to “rally in one straight line.” Markets usually require a pullback to fill liquidity before a clearer trend forms.
2. Technical Outlook ⚙️
Price bounced strongly from Golden Harbor 🏝️ (Buy Zone 3350 – 3342) – a key support area.
Currently, gold is approaching Storm Breaker 🌊 (Resistance 3384 – 3400), where liquidity is concentrated → potential for profit-taking sell pressure.
On H1, multiple FVGs appeared around 3363 and 3355 → gold may return to “fill the gap” before continuing its journey.
👉 Intraday bias: prioritize Sell at resistance, while watching for Buy Scalp opportunities at Quick Boarding 🚤 if price retraces to 3342 – 3340.
3. Captain Vincent’s Map – Key Levels 🪙
Storm Breaker 🌊 (Major Resistance): 3384 – 3400
Quick Boarding 🚤 (Buy Scalp): 3342 – 3340 | SL 3333 | TP: 3345 → 3347 → 3350 → 33xx
Golden Harbor 🏝️ (Buy Zone): 3350 – 3342
FVG zones: around 3363 & 3355 (short-term liquidity magnets)
4. Trade Scenarios 📌
🔻 SELL at Storm Breaker 🌊 (priority setup)
Entry: 3400 – 3402
SL: 3408
TP: 3395 → 3390 → 33xx
🔺 BUY Scalp – Quick Boarding 🚤
Entry: 3342 – 3340
SL: 3333
TP: 3345 → 3347 → 3350 → 33xx
5. Captain’s Note ⚓
“Trump’s news wave lifted gold like an unexpected headwind. But ahead, the Storm Breaker 🌊 could unleash turbulent waters. The wise will anchor at Golden Harbor 🏝️, the swift may choose Quick Boarding 🚤. And always remember: today’s gold sea is steered by the sharks’ oars.”
𝐌𝐓𝐗 | Buy-Side Sweet Spot in Gold’s Correction📌 From previous analysis:
• We anticipated corrective pullbacks and highlighted reversal zones.
• Focus was on 436–432 as the first critical support/resistance area.
⸻
1️⃣ Key Reversal Levels
There’s two scenarios in this rally:
A)
• 436 – 432 → First potential bullish reversal zone.
• 4H close above 435 → upside continuation toward 442 → 447 → 452.
B)
• 4H close below 432 → decline into 420.
• 420 – 415 is the strongest weekly demand zone (high-probability bullish bounce).
⸻
2️⃣ Continues Bullish Scenario
• 4H close above 454 → opens the way to 467.
• Stabilization above 467 → next major upside target 484.
✴️Plus Tip:
Daily closes above 420-415 zone supports the bullish momentum.
⸻
⚖️ Summary:
Gold is starting the month at a decisive zone (436–432). Holding above 435 favors further upside toward 452, while losing 432 puts the strong 420–415 demand zone into play. A confirmed breakout above 454 could accelerate the rally toward 484.
XAUUSD Success in the FX, indices, and gold markets comes from discipline, not luck — I win by combining deep market analysis with strict risk management, keeping emotions out of trading, and focusing on long-term consistency rather than quick gains. Every trade is based on research, patience, and clear strategy, allowing me to grow steadily while protecting capital.
XAU OUTLOOK TODAYHey Guys, I see a deeper pullback to yesterday's Daily low to sweep of liquidity then push up towards 3438 level. Wait till BCC at 3414.63 in 1TFM before you take a short counter trade as overall we are super bullish. It's Friday, trade chill everyone. Trade smart, Trade safe. Cheers'
Defend 3380, break through 3400 and there will be new highsLast night I reminded everyone not to chase high prices, as gold may experience a pullback in the short term. As expected, gold hit 3390-3400 and then encountered resistance and pressure, and then fell back to around 3385. This is in line with our judgment of the short-term trend of gold.
Currently, gold has returned to consolidate around 3395. As the price of gold continues to rise, the pressure and support levels of gold will also move up in the short term. In the short term, pay attention to the upper pressure range of 3402-3412. If the European session encounters resistance and pressure here, there is still a possibility of a pullback. Pay attention to 3390-3380 below. If it falls back but does not break through, you can consider going long. Once it stabilizes above 3400 in the NY period, it is expected to hit a new high. Focus on the initial jobless claims data to be released later.