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GOLD / XAUUSD – DAILY PLAN (Oct 17, 2025)🧭 MARKET CONTEXT Main timeframe: M30 / H1 Current structure remains bullish, forming clear HH – HL sequences. After a strong rally, price is now in a retracement phase toward a nearby demand zone aligned with the ascending trendline. No sign of structure break yet (no BOS below the previous HL). 📈 PRIMARY SCENARIO (BUY SETUP) ➤ Entry Zone 1: BUY GOLD 4280 – 4278 Stop Loss: 4275 Target 1: 4335 Target 2: 4350 (new HH) Reason: This is a Bullish Order Block (OB) and BOS retest zone, aligned with the rising trendline. Expecting a strong bullish reaction (rejection candle or engulfing bar) before triggering the buy limit. ➤ Entry Zone 2 (CP Setup – Confirmation Point) BUY 4247 – 4245 Stop Loss: 4239 Target: 4300 / 4330 / 4350 Reason: This is the final demand zone near the main trendline, confluence of prior BOS + SSS (Structure Shift Support). If price breaks below 4280 without reaction, patiently wait for confirmation around CP zone. ⚠️ ALTERNATIVE SCENARIO (STRUCTURE FAILURE) If price closes below 4235 on M30, the bullish structure is invalidated. → The buy plan is canceled — wait for a pullback sell setup from 4280–4300 resistance. If the buy stop loss is hit at 4239, monitor 4200 zone as the next H4 demand area.
OANDA:XAUUSDLong
by Linda_OneShotTrader
Gold price analysis October 17GOLD UPDATE – The uptrend shows no signs of stopping The gold market is in the most “breathable” phase for the Buyers — almost every BUY strategy has brought profits overnight. The bullish momentum remains strong, showing that money continues to flow into this precious metal. The next target that Gold is aiming for is around 4450, and any correction can be seen as a “golden” opportunity to join the main trend. 📈 Trading strategy: BUY Trigger: when a price rejection signal appears at the support zones 4285 – 4242 – 4216 🎯 Target: 4450 👉 In this context, following the Buyers is still the only reasonable option. Observe the price reaction around the support zones and just “press the BUY button” when the signal appears.
OANDA:XAUUSDLong
by TVS-Trader
Gold breaks through again. Watch for entry opportunities.Information Summary: Gold continued its upward trend in early Asian trading on Friday, reaching a new all-time high of 4,380. Trade tensions, the ongoing US government shutdown, and bets on a Federal Reserve rate cut all fueled gold's gains. Furthermore, a plunge in US bank stocks dragged down US stocks, fueling risk aversion that further accelerated gold's upward momentum. Concerns about the credit quality of the US economy and escalating friction over tariffs have also boosted demand for safe-haven assets. Furthermore, the renewed conflict between Russia and Ukraine, with the US supplying Tomahawk cruise missiles to Ukraine, has heightened gold's safe-haven appeal. In an era of heightened global uncertainty, gold remains an asset worth watching. Traders are advised to closely monitor market expectations for the Federal Reserve meeting, news related to the international trade situation, and geopolitical developments. Market Analysis: Gold is hitting new highs daily. Recently, I've been reminding everyone to buy on dips. The bull market remains strong. On Thursday, the price surged by $177, reaching a high of 4380. If the market continues to break through 4400, the next target will be 4450. Gold bulls remain firmly in control, extending their record-breaking rally with no signs of fatigue. The 1-hour chart shows no significant pullbacks. In the short term, gold trading above 4300 is considered strong. Continue buying gold even if it retreats. Patiently wait for opportunities. Trading strategy: Short-term gold long position at 4310-4315, stop loss at 4300, profit range at 4370-4390; Key points: First support level: 4335, second support level: 4310, third support level: 4300 First resistance level: 4380, second resistance level: 4400, third resistance level: 4428
OANDA:XAUUSDLong
by Market_Trader1
Gold trading strategy | October 16-17✅ From the 4-hour chart: Gold has continued to post multiple bullish candles, reaching a high of 4298.55. The price remains near the upper boundary of the ascending channel, with MA5, MA10, and MA20 maintaining a standard bullish alignment — confirming that the medium-term uptrend remains strong. However, short-term volatility has increased, and gold is expected to consolidate or slightly retrace within the 4250–4300 range, with key support at MA10 (around 4229). The Bollinger Bands continue to widen upward, with the upper band near 4298 and the middle band around 4184. The price is currently trading near the upper band, showing that bulls are dominant, but the short-term deviation is large, suggesting a potential technical pullback at any time. ✅ From the 1-hour chart: After surging to 4298.55, gold experienced a slight pullback and is now fluctuating between 4280–4295. MA5 and MA10 have flattened, indicating that short-term momentum is weakening, while MA10 (around 4266) serves as an important short-term support. The bullish momentum has slowed, and consolidation is increasing. Gold is likely to oscillate within the 4260–4300 range. If it fails to break above 4300 decisively, a short-term correction could follow. 🔴 Resistance Levels: 4298–4305 / 4325–4335 / 4350 🟢 Support Levels: 4255–4265 / 4225–4235 / 4185 ✅ Trading Strategy Reference: 🔰 If gold pulls back to the 4255–4265 area and holds, consider entering long positions in batches. 🎯 Targets: 4290 / 4300 🔰 If gold rises again to the 4295–4305 area and faces resistance, consider a light short position. 🎯 Targets: 4265 / 4255 🔥Trading Reminder: Trading strategies are time-sensitive, and market conditions can change rapidly. Please adjust your trading plan based on real-time market conditions.
OANDA:XAUUSD
by GoldTradingProX
1
XAUUSD🟡 Gold Weekly Outlook On the weekly chart, gold is still showing strong bullish momentum — it’s only been going up, and in the long term, I still believe we’re heading toward $5,000/oz. But remember: this rally isn’t happening in a vacuum. The US–China geopolitical tension is one of the main engines behind gold’s surge. With Washington and Beijing constantly at odds — from trade policies and tech restrictions to military posturing in the Pacific — global investors are looking for safety. Every time there’s uncertainty about tariffs, the yuan, or global supply chains, gold benefits as a safe-haven asset. That said, nothing goes up forever. Markets love to overextend before correcting. When this pullback comes, it could be sharp and deep, as many short-term speculators will take profit all at once. So for now: trend is your friend — but keep an eye on the macro headlines, because the next big dip will probably come from a major geopolitical cooling-off or a sudden USD rebound.
OANDA:XAUUSD
by IvsWolf
Gold (XAUUSD) Long Idea: Scaling Into a Bullish TrendHello TradingView Community, This post outlines a bullish continuation strategy on the Gold Spot / U.S. Dollar (XAUUSD) pair, based on the 15-minute timeframe. The chart illustrates a method of scaling into a strong uptrend. Technical Analysis: The chart is currently in a powerful uptrend, characterized by a series of higher highs and higher lows. The strategy employed here is to identify key resistance levels, wait for a decisive breakout, and then enter a long position on the retest of that former resistance as new support. We can see this pattern has been successfully applied at multiple levels: A breakout above $3,983.40. A subsequent breakout above $4,103.92. Each breakout was followed by a successful retest, providing opportunities to add to a long position, or "pyramid" into the trend. Current Trade Setup: The most recent setup is based on the breakout above the $4,226.14 level. The price has pushed above this former resistance, and the idea is to look for another long entry on a pullback to this new support zone. The long position tool on the chart visualizes this latest trade plan: Entry: Approximately $4,226.14 (at the retest of the new support). Stop Loss: $4,161.08 (placed below the key support structure to invalidate the idea if the level fails to hold). Take Profit: $4,326.62 (targeting a new higher high in the trend). This setup provides a structured plan to continue capitalizing on the existing bullish momentum. Disclaimer: This analysis is for educational and discussion purposes only and should not be considered as financial advice. Trading commodities involves significant risk. Please conduct your own due diligence and manage your risk appropriately.
ICMARKETS:XAUUSDLong
by professionaltrading70018
GOLD: Local Bullish Bias! Long! My dear friends, Today we will analyse GOLD together☺️ The market is at an inflection zone and price has now reached an area around 4,260.94 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move up so we can enter on confirmation, and target the next key level of 4,285.09.Stop-loss is recommended beyond the inflection zone. ❤️Sending you lots of Love and Hugs❤️
FOREXCOM:XAUUSDLong
by FreeXauusdSignals
1
XAUMO — GOLD (XAUUSD) | Institutional Daily 📘 EDUCATIONAL USE ONLY — NOT FINANCIAL ADVICE All times Africa/Cairo (+03:00) 🟡 YALLA XAUMO — GOLD (XAUUSD) | Institutional Daily — COMPREHENSIVE (Trader Training Edition) Version: Protocol 2025 (Approved) | Report time: Thu, 16 Oct 2025 — 06:40 Spot ref: 4,235.38 (+0.68%) | GC1: 4,253.3 | GC2: 4,284.5 → Term spread +0.73% (Contango) ────────────────────────────────────────────────────────────── 1) SYNOPSIS — What’s happening today? • Gold trades above the 4.22x–4.24x band with a tactical bullish tilt. • DXY 98.528 (−0.14%), VIX 20.63 (−0.82%) — softer USD and calmer vol favor disciplined buy-the-dip, not chasing highs. • Pivot for the day: 4,229–4,233 and 4,241.9. 📈 EDU Notes: Wait for two consecutive 15-min closes above 4,241.9 to confirm control. On dips, study longs near 4,229–4,233 (POC/VWAP). 📊 Takeaway → Bullish while above 4,229; loss of 4,219 weakens the setup. ────────────────────────────────────────────────────────────── 2) MEGABAR by timeframe (15m / 1h / 4h / Daily) • 15m: Step-up advance; Uploading 4,229–4,233 & 4,206–4,215; Offloading 4,236–4,249; RVOL ≈ 1.0 • 1h: Gradual loading above 4,229 with KS support; stage targets 4,249/4,253 • 4h: Conditional up-trend above 4.22x; clean break below 4,206 forces reassessment • Daily: Gentle positive channel 📈 EDU: When loading % fades on 15m/1h, expect a VWAP pullback then a new try. 📊 Takeaway → Up-bias persists while VWAP slopes up and price holds >4,229. ────────────────────────────────────────────────────────────── 3) Upcoming Macro (Cairo time) • 15:30 — US Initial Jobless Claims (weekly, high impact). :contentReference {index=0} • 15:30 — US Philadelphia Fed Manufacturing Index (high impact). :contentReference {index=1} • 15:30 — US Producer Price Index (Sep) (high impact). :contentReference {index=2} • 16:15 — US Industrial Production & Capacity Utilization (medium). :contentReference {index=3} • 17:00 — US NAHB Housing Market Index (medium). :contentReference {index=4} ⚠️ Notes: Yesterday’s Fed Beige Book said activity “little changed” with rising signs of strain; Governor Stephen Miran flagged trade-tension risks and argued for faster cuts — both heighten gold’s sensitivity to today’s prints. :contentReference {index=5} 📊 Takeaway → Key time node at 15:30 (claims + Philly + PPI cluster). ────────────────────────────────────────────────────────────── 4) Cross-Asset read • EURUSD 1.1663 (+0.14%) • USDJPY 150.86 (−0.11%) • USDCNH 7.1290 (+0.03%) • SPX 6,671.07 (+0.40%) • NASDAQ 24,752.3 (−0.20%) • VIX 20.63 (−0.82%) 📈 Soft USD + calmer vol → prefer disciplined dip-buys, avoid chasing highs. 📊 Takeaway → Macro tone supports “pullback then resume”. ────────────────────────────────────────────────────────────── 5) GC Futures Structure • GC1 4,253.3 • GC2 4,284.5 → Contango +0.73% 📈 Contango = stable upward curve; favors orderly pullbacks over disorderly squeezes. 📊 Takeaway → Futures curve aligned with spot; backdrop constructive. ────────────────────────────────────────────────────────────── 6) Volume Footprint • Buy zones: 4,229–4,233 (value/POC) and 4,206–4,215 (Uploading). • Sell zones: 4,236–4,249 (staged Offloading) with intraday high print 4,241.99. 📈 Positive delta inside 4,229–4,233 = value reload. 📊 Takeaway → Demand 4,229–4,233 / Supply 4,236–4,249. ────────────────────────────────────────────────────────────── 7) Value Map (VAL / POC / VAH / VWAP) VAL ~4,206–4.21x • POC ~4,229–4,233 • VAH ~4,241–4,249 • VWAP ~4.23x 📈 Above POC/VWAP = buyers in control; below = caution until delta flips. 📊 Takeaway → Value rising gradually, centered near 4.23x. ────────────────────────────────────────────────────────────── 8) Fibonacci (current leg) Working leg: 4,206 → 4,241.99 38.2% ≈ 4,229 • 50% ≈ 4,224 • 61.8% ≈ 4,219 • 100% = 4,241.99 📈 “Golden zone” 4,219–4,229; holding with positive delta unlocks 4,243/4,249. 📊 Takeaway → Watch 4,229 as decision axis. ────────────────────────────────────────────────────────────── 9) Ichimoku quick regime • Daily: mild positive above cloud elements • 4h: conditional up above 4.22x • 1h: TK up; KS supportive • 15m: TK up; Chikou nearly free; aligned with VWAP 📊 Takeaway → Multi-TF alignment modestly bullish; 15m for execution. ────────────────────────────────────────────────────────────── 10) Schabacker (classical context) • Accumulation band above 4.22x with stepping highs near 4,241.9. • No confirmed top unless 4,241.9 fails and 4,229 closes lost. ────────────────────────────────────────────────────────────── 11) Liquidity & Gates • Gates: 4,229 → 4,241.9 → 4,249 → 4,253 → 4,265 • Fast lanes: 4,236–4,241.9 and 4,249–4,253 📊 Takeaway → 4,241.9 = expansion trigger; 4,229 = daily decision line. ────────────────────────────────────────────────────────────── 12) XAUMO Trend Board (Confidence %) 15m: 66% • 1h: 64% • 4h: 62% • Daily: 60% → Composite ≈ 64% 📈 Confidence lifts with RVOL ≥ 1.0 and closes > 4,241.9. ────────────────────────────────────────────────────────────── 13) Session Map • Asia: organized loading from value. • London: Buy-the-Dip above 4,229 targeting 4,243/4,249/4,253. • New York (later): continuation only if highs hold above 4,253. ────────────────────────────────────────────────────────────── 14) MTF Retracement Lab (EDU) Anchors: VWAP ~4.23x • POC 4,229–4,233 • VAL 4,206–4.21x • VAH 4,241–4,249 A) Pullback Long • Entry: 4,229–4,233 | SL: 4,219 | TP: 4,243 → 4,249 → 4,253 • Why: POC/VWAP confluence + positive delta + steady contango. B) VWAP Touch Scalps • Entry: 4,231–4,233 | SL: 4,225 | TP: 4,241 → 4,246 • Why: touch-retrieve-impulse pattern with short-term momentum. C) Educational Counter-fade from supply • Entry: 4,246–4,249 | SL: 4,258 | TP: 4,241 → 4,233 → 4,229 • Why: failed breakout inside staged offloading. D) Break & Hold Continuation • Condition: hold > 4,253 | SL: 4,238 | TP: 4,265 → 4,273 ────────────────────────────────────────────────────────────── 15) Execution & Discipline (EDU) ✅ Checklist: two 15m closes above gate • RVOL present • positive delta • no high-impact data imminent • pre-defined SL. ⚖️ Risk: ≤1.0–1.5%/trade • Max 3 trades/session • No chasing highs without a pullback. 📊 Takeaway → Protect capital; focus on structured pullbacks. ────────────────────────────────────────────────────────────── 🏁 Final Take As long as price holds >4,229, the bullish path targets 4,243 → 4,249 → 4,253. A 15m close <4,219 invalidates and reopens 4,206.
FX:XAUUSDLong
by ICHIMOKUontheNILE
Double top on hourly chart, beware of callback riskAccording to the U.S. Treasury Secretary, Trump will interview 3-4 candidates for Federal Reserve Chairman after Thanksgiving, and emphasized that "open mind" is a key condition. But this move seems to be affecting market concerns about the independence of the Federal Reserve, coupled with the ongoing US government shutdown and the trade war between China and the United States. There is still a lot of positive information in the market. Therefore, in the medium and long term, the bullish trend of gold remains unchanged. However, gold in the U.S. market has continued to fluctuate and wash out. Judging from the hourly chart, there are signs of forming a double top, so we still need to be vigilant about potential callback threats in the evening. Pay attention to the short-term resistance of 4200-4210 on the upside. If gold cannot break through this resistance range, it will fall further and test the support again. Below, watch the 4H MA10 moving average, which also marks the low of the afternoon's pullback near 4164. If this level breaks, gold will test the strong support level of 4140. Tonight trading will continue to focus on buying on pullbacks, supplemented by shorting on rebounds. Especially those brothers who are not sure about the current market can wait patiently for a pullback to a low level before participating in long transactions. If you want to quickly recover losses or realize profits, you can also contact me for more professional help. For more real-time updates, please visit the professional personal homepage information OANDA:XAUUSD
OANDA:XAUUSDLong
by Perfect_Allen
Gold (XAU/USD) Technical Analysis – October 15, 2025Trend: Strong Bullish Momentum Continues Overview: Gold has extended its uptrend, following a clear ascending channel on the H1 timeframe. Price action continues to respect both the dynamic trendline and key structural supports. Despite a temporary pullback from the recent high, bullish structure remains intact as long as price holds above 4,090 – 4,100 USD. This behavior reflects a healthy “impulse–correction–continuation” pattern often seen in strong bull trends. Technical Breakdown: Main Support Levels: • 4,090 – 4,100 → Key intraday support • 4,010 – 3,960 → Deeper retracement zone • 3,910 – 3,850 → Strong structural support • 3,790 – 3,730 → Major demand zone Resistance Zone: • 4,250 – 4,300 → Next upside target area EMA alignment (EMA20 > EMA50) confirms ongoing bullish strength, while RSI remains above the 55 level, showing strong momentum but not yet in extreme overbought conditions. Trading Plan (Short-Term Focus): Scenario 1 – Buy the Dip (Main Bias): Buy Zone: 4,090 – 4,100 Stop-Loss: Below 4,070 Take-Profit: 4,230 – 4,250 – 4,300 This setup follows the continuation pattern after a minor retest of the ascending trendline. Scenario 2 – Breakout Confirmation: Wait for a clean break and retest above 4,220 Target the next psychological zone near 4,300 – 4,350 Market Outlook: The bullish trend remains dominant, supported by both technical structure and market sentiment favoring gold as a safe-haven asset. Unless the 4,090 level breaks decisively, buyers will likely maintain control in the short to mid-term. Save this analysis if you find it helpful, and follow for more daily trade setups and strategic updates on XAU/USD.
OANDA:XAUUSD
by Henrybillion
XAUUSD: Scalp & Swing Setup (Clear and direct) 🎯 SCALP TARGET: 20 Pips · Quick momentum play on the lower timeframes. · 🎯 SWING TARGET: 100+ Pips · A larger move targeting the next key resistance on the 4H/Daily chart. · 🛑 RISK MANAGEMENT: · A stop loss is crucial. Place it logically below the recent structure. (Always manage your risk!). Checklist Before Entry: ✅ Price respects the support zone. ✅ Momentum confirms the move. ✅ Overall market context (DXY, etc.) is considered. Join the Conversation: What's your take on Gold? Bullish or Bearish? Let me know in the comments! --- Follow for more structured trade ideas. Ready to copy these trades? #XAUUSD #Gold #TradingView #Forex #TradingSetup #SwingTrading #Scalping #TechnicalAnalysis #Finance #myshare_finance
OANDA:XAUUSDLong
by Myshare_finance1
Gold Hits New All-Time High– The Bullish Wave Isn’t Over Yet📊 Market Overview Gold prices continued to surge during the Asian and early European sessions today, officially reaching a new all-time high at $4,190/oz. The main drivers are expectations that the Federal Reserve (Fed) may start cutting interest rates earlier than expected, along with strong safe-haven demand amid escalating geopolitical tensions in the Middle East. Falling U.S. bond yields and a weaker U.S. dollar have further reinforced gold’s bullish momentum, pushing the metal beyond resistance levels once considered “unbreakable.” 📈 Technical Analysis • Main Trend: Strong bullish momentum; price remains above all short- and mid-term EMAs (EMA20, EMA50, EMA100). • Key Resistance: 4190 (new high), 4210, 4250. • Short-Term Support: 4168, 4150, 4125. • RSI (H1/H4): Staying in the overbought zone (> 60) with no clear bearish divergence yet. • Volume: Increasing alongside breakout — confirming genuine buying power from the market. 💡 Outlook Gold is currently in a powerful breakout phase, and the new record at 4190 could just be the start of another bullish leg if the 4168–4150 zone holds firm. However, a short-term technical pullback remains possible as RSI readings stay elevated. Traders should prioritize buy-on-dip strategies and avoid FOMO entries at highs without confirmation signals. 🎯 Trading Plan 🔺 BUY XAU/USD : 4168–4165 🎯 TP: 40 / 80 / 200 pips 🛑 SL: 4162
OANDA:XAUUSDLong
by Mian-FXSignals
GOLD: Short-term testing of the 4080 support levelRecently, due to the ongoing deadlock between the U.S. Democratic and Republican parties, the government has remained in a shutdown. Concerns over economic downturn have intensified, while expectations for the Federal Reserve to cut interest rates within the year have continued to rise. Additionally, trade frictions have escalated again—all these factors have driven gold prices to keep surging, making gold once again the darling of the global economy. However, in the afternoon, as Trump repeatedly emphasized peace in the Middle East, gold experienced a sharp drop of nearly $90 after hitting the all-time high around the 4179 level. It then rebounded to a high of around 4145, and a platform resistance has formed at this level in the short term. Currently, long-position traders are jittery at high levels. For short-term trading, the risks and profits for both long and short positions are basically balanced. We also reminded everyone in the afternoon to exit long positions in a timely manner, and any level above 4130 is a good entry point for short positions. Gold is now testing the support around the 4080 mark again. For short-term trades, it is advisable to go short on rebounds; for medium-to-long-term positions, we still expect gold to continue surging to new all-time highs after a pullback. 💎 Sell 4120 - 4125 TP 4100 - 4080 SL 4130 Buy 4075 - 4080 TP 4090 - 4100 SL 4070 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
OANDA:XAUUSDLong
by Clarke_analysis
Can Gold Break to New Highs on October 14th? Overall Assessment: Gold is operating within a strong bullish trend, with fundamentals and technicals aligning in a positive outlook. However, caution is warranted due to technically severe overbought conditions and the accumulation of top divergence, which pose a risk of a deep correction. Trading should primarily follow the trend with long positions, but strict control over position sizing and risk is essential. I. Core Driving Factors (Fundamentals) Safe-Haven Demand Support: Geopolitical Tensions: Escalating international conflicts continue to drive safe-haven capital flows into gold. Economic Uncertainty: Market concerns about a potential prolonged US government shutdown are increasing safe-haven demand for gold. Favorable Monetary Policy: Fed Rate Cut Expectations: The market widely anticipates the Fed will implement two more rate cuts this year, which weighs on the US Dollar and significantly benefits non-yielding assets like gold. Potential Risks (Limiting Upside): Shift in Risk Sentiment: Any positive news regarding trade relations could temporarily boost market risk appetite, potentially curbing gold's rise. Technical Overbought Conditions: After a sustained sharp rally, the gold price has deviated significantly from conventional technical tracks, creating a risk of a sudden pullback due to substantial profit-taking. II. Key Technical Levels (Technicals) Current Trend: Extremely strong bullish trend. Eight consecutive weekly gains, with moving averages in a perfect bullish alignment. Intraday Key Support: First Support: 4080 - 4070 area (short-term bull-bear dividing line) Second Support: Around 4025 (the low touched during the early Asian session on Monday; this level should not be broken in a strong trend) Critical Trend Level: 3900 (as long as this level holds, the medium to long-term bullish trend remains intact) Intraday Key Resistance/Targets: Near-term Target: 4130 - 4140 area Target if Broken: If 4140 is decisively broken, the upside space could open further, targeting higher levels like 4200 and 4300. III. Today's Trading Strategy Guiding Principle: Focus on buying on dips, be cautious about chasing the rally. Consider light positions to bet on a pullback at key resistance levels. Long Strategy (Primary Direction): Entry Timing (Ideal Scenario): Wait for the gold price to pull back to the 4080 - 4070 support zone and enter long positions in batches after signs of stabilization. Stop Loss: Set below 4060. Profit Target: Initially aim for the 4130-4140 area. If a strong breakout occurs, consider holding for higher targets. Short Strategy (Secondary Direction, Short-term Speculation): Entry Timing: Only consider a light short position when the price first touches the strong 4130-4140 resistance area AND shows clear rejection signals (e.g., long upper wick, bearish engulfing pattern). Stop Loss: Must be set strictly above 4150. Profit Target: Look down towards 4100 or 4080. Execute quickly, do not hold onto losing positions. IV. Risk Warnings and Important Notes Avoid Heavy Positions: The market is in an extremely overbought state and volatility can be very sharp. Trade with light positions to guard against sudden reversals. Use Strict Stop Losses: Every trade must have a stop loss. This is crucial for protecting capital in the current high-volatility environment. Monitor News Flow: Closely watch the latest news regarding the US budget (government shutdown risk), geopolitical developments, and speeches from Fed officials, as these can trigger significant market volatility. Maintain Flexibility: If the gold price unexpectedly breaks below the key 4060 support, short-term upward momentum may weaken. Consider pausing long strategies and reassess the market trend.
FOREXCOM:XAUUSDLong
by Golden_Opportunities