XAU/USD Bullish Trade Setup Buy from POI Zone towards 3668TargetXAU/USD (Gold) – 1H Analysis
✅ Trend: The market is in a clear bullish trend with higher highs & higher lows. Price is trading above both EMA 70 (3,547) and EMA 200 (3,486), confirming strong upward momentum.
📌 Key Levels:
POI Buying Zone: 3,554 – 3,576 (strong support area)
Target Point: 3,668 – 3,669
Support Line: Still respected, adding confluence to the bullish setup.
📈 Strategies Applied:
Trend Following: Bullish as long as price stays above EMAs.
Support & Resistance: Buying zone aligns with strong support.
EMA Strategy: Price above EMAs = buy signal.
Price Action: Retest of POI zone before moving up.mm
🎯 Trade Idea:
Entry: Around 3,555 – 3,576 (buying zone)
Stop Loss: Below 3,547 (EMA 70 / zone invalidation)
Target: 3,668 – 3,670
⚡ Summary: Market remains bullish, correction into the POI zone is a good buying opportunity aiming for new highs.
GOLD.F trade ideas
September 4th Gold Intraday Trading Insights and Strategies:
I. Overall Approach
Long-term Trend: The bullish outlook remains unchanged.
Short-term Outlook: Gold prices are at historical highs, with technical indicators showing overbought conditions and a top divergence. Intraday volatility is expected to intensify. In terms of operation, the main idea is to go long at a low level after a pullback, and be cautious when chasing high prices. Aggressive traders may consider shorting at key resistance levels with a small position, maintaining strict stop-loss orders.
II. Key Technical Levels
Support Levels:
Primary Support: $3535-3540 (4-hour support and yesterday's low)
Strong Support: $3525-3535 (deeper pullback support)
Resistance Levels:
Initial Resistance: $3565-3570 (initial resistance during the Asian and European sessions)
Key Resistance: $3578 (near the previous high)
Upside Target: $3590-3600
III. Specific Trading Strategies
1. Long Strategy (Main Strategy)
Ideal Long Level: $3535-3540. Enter after stabilization with a stop-loss below $3525, targeting $3570-3578. After a breakout, hold further to $3590-3600.
Radical entry point: around $3550-3555 (hourly support). Try with a small position, set a stop-loss below $3540, and the same target as above. Conservative Strategy: Patiently wait for the price to fall back to the strong support area of $3525-3535 before going long. Set a stop-loss below $3510 and target $3560-3580.
2. Short Strategy (Secondary Strategy, for aggressive short-term trading only)
Entry Timing: If gold rebounds to the $3565-3570 area and shows clear resistance signals (such as a bearish engulfing candlestick pattern or a long upper shadow), or fails to break through the previous high of $3578, a small position can be used to try shorting.
Stop-loss: Above $3585.
Target: $3540-3550.
IV. Core Risks and Position Management
Data Risk: Today will see the release of the US ADP employment data ("small non-farm payroll") and initial jobless claims data. These data will be important foreshadowing tomorrow's non-farm payroll report and could trigger significant market volatility.
Trading Recommendation: Reduce positions or exit the market 1-2 hours before the data release. If you hold a position, you must set a loose stop loss to deal with sudden fluctuations.
Technical Risks: The RSI on the daily chart is in overbought territory, and the 4-hour chart is at risk of forming a top divergence, increasing the probability of a short-term technical correction. Avoid excessive buying after consecutive upward moves.
Position management: Intraday trading positions should not be too heavy, ensuring that single losses are controlled within 1%-2% of total funds.
GOLD Technical & Order Flow AnalysisOur analysis is based on a multi-timeframe top-down approach and fundamental analysis.
Based on our assessment, the price is expected to return to the monthly level.
DISCLAIMER: This analysis may change at any time without notice and is solely intended to assist traders in making independent investment decisions. Please note that this is a prediction, and I have no obligation to act on it, nor should you.
Please support our analysis with a boost or comment!
If we see a double top.. I see a buy of a life time. i would always say the 38 fib level is always achievable.. of the current bull move that lands about 2800 along with the most recent clear high time frame key level. should this be reached without too much of a break above 3500 first. (keeping the 38 with the key level) then I would be looking to take the trade opportunity of a life time.
Don't get me wrong I know all fundamentals are poi ting to gold continuing this rally.. but IF it stalls and a correction turns into a very heavy correction, keep this in mind.
GOLD Buys or Sells? the next move today 📈 Gold Outlook – September 2, 2025
Gold continues its bullish momentum today, fueled by festive demand in India and global safe-haven buying. Prices have edged up to ₹10,609 per gram for 24K, with spot XAU/USD hovering near $3,490 and eyeing a breakout above $3,500. Market sentiment remains positive amid Fed rate cut expectations and geopolitical uncertainty.
Bias: Bullish
Action: Buy on dips above $3,430, targeting $3,514 short-term
Support: $3,365
Resistance: $3,500 / $3,514
Stay nimble—any retracement could offer fresh entry opportunities.
superstition meets charts + free Fibonacci day trading strategymagic arts of finance
The financial markets are often portrayed as cold, logical, and ruthlessly efficient. But let’s be honest sometimes they feel more like a scene out of a fantasy novel than a spreadsheet. Traders have long whispered about strange patterns, uncanny coincidences, and borderline mystical forces shaping price action.
here as some of which i have come across :
🌕 Moon Phases and Market Moves ( sentiment )
It may sound crazy, but research papers and trader folklore alike suggest that full moons and new moons can influence investor sentiment. Some studies claim risk appetite increases around new moons, while full moons see investors turn cautious. Are we ruled by lunar cycles—or are we just night-trading zombies looking for meaning in the stars?
📊 Chart idea: Overlay the S&P 500 or Bitcoin with full moon/new moon markers—watch how eerily often turning points cluster around them.
🍂 The September Effect
Statistically, September has been the worst month for equities for over 100 years. No one knows why maybe it’s tax adjustments, portfolio rebalancing, or just collective fear. Some traders avoid opening new positions in September altogether, calling it the “Market’s Bermuda Triangle.”
chart above shows average monthly returns of U.S stocks and September being the worst performing month..
i recently did a publication on it :
🧙 The Magic of Numbers
Ever heard of the “Rule of 7,” “Golden Ratios,” or Fibonacci retracements? These mystical-sounding formulas often align eerily well with market moves. Whether it’s real order-flow dynamics or just collective belief making it true, traders treat these numbers like sacred spells.
Markets love Fibonacci retracements and extensions. Whether it’s 38.2%, 50%, or 61.8%, prices bounce and stall around these “magic ratios.” Do traders actually create the self-fulfilling prophecy by believing in it? Or is math really the language of the market gods?
on the above chart image of CADCHF, i highlighted the trading day of 03 september 2025 and i took fib retracement from high to low of the day to give following day pivot points or important levels, see how price reacts on the 0.786 or 78.6% making the start of the most significant move for the current day from the fib level and the other notice the reaction on 0.618 or 61.8% is it perfect science or market voodoo?
example 2 :
bitcoin
take the chart above: price climbed, touched the 23.6% retracement (the so-called 0.236 spell), and then began its sharp descent. To the uninitiated, this looks like coincidence. To Fibonacci devotees, it’s evidence that markets bend to the rhythm of sacred ratios.
23.6% → A quick rejection zone, where trend reversals often begin.
38.2% & 50% → Balance points, tested like checkpoints before continuation.
🍀 Lucky & Cursed Superstitions
Some of the strangest trading floor beliefs include:
🔮 The Friday Curse
Many traders avoid holding large positions over the weekend, especially in volatile markets like crypto or FX. The logic: markets can gap when they reopen on Monday due to news or events that happen while markets are closed. Over time, this caution has morphed into a superstition “bad things happen to open trades on Fridays.” Even if nothing mystical is going on, enough people believe it, so Friday liquidity sometimes dries up faster.
🙊 “Never Say Crash”
Similar to how actors won’t say “Macbeth” in a theater, traders avoid saying “crash” out loud, especially in bullish markets. The superstition is that simply naming the disaster can “manifest” it. While rational minds know it’s just psychology, there is a kernel of truth: negative language can amplify fear and spread panic among traders effectively becoming a self-fulfilling prophecy.
🚫 Ticker Taboos
Certain tickers or assets get reputations as cursed—think of infamous stocks that destroyed portfolios (Lehman Brothers in 2008, or meme stocks that wiped out retail traders). Some traders flat-out refuse to touch those names again, no matter how good the setup looks. It’s not unlike avoiding a blackjack table after losing your shirt there once it’s part memory, part superstition.
🧦 Trading Socks & Charms
On trading floors (and now in home offices), you’ll find lucky ties, socks, pens, or even figurines. Traders treat them like talismans to bring good fortune during the session. Statistically, socks don’t move markets but the ritual helps build confidence, and psychology is half the battle in trading. (If you’ve ever put on your “interview shirt” before a big meeting, you understand the vibe.)
🏈 The Super Bowl Indicator
This classic Wall Street superstition claims:
NFC team wins → Stocks rise.
AFC team wins → Stocks fall.
It started because early correlations were spooky-accurate (like 90%+ for several decades). Of course, correlation is not causation, and the pattern eventually broke. Still, it gets dusted off every February as a lighthearted market omen.
☿️ Mercury Retrograde
Astrology believers say Mercury retrograde messes with communication, travel, and technology. In trading, this gets blamed for weird market moves, glitches, or periods of irrational volatility. While pros don’t build strategies around star charts, it highlights an important truth: when markets move strangely and we can’t explain it, humans love to assign cosmic causes.
which superstitions have you heard or come across?
These superstitions blend psychology, history, and trader folklore. Even if they aren’t “real,” they influence behaviour and behaviour is what moves markets.
put together by : Pako Phutietsile as @currencynerd
Gold bullish surge With weekly high pierced I'm looking to take a buy around 3423.5 - 3430 area where there is previous support, I should be targeting 3467.03 area. i will not jump on the shorting band wagon, will observe price action and will take it from there. but initial bias is long
But if the price does not respect my buy area, I have another zone to take a long from, the area is 3414.871 - 3420 respectively. The market does whatever it wants so let's observe and be patient.
THE KOG REPORT - UpdateEnd of week update from us here at KOG:
An interesting end to a very interesting month on not just gold but the markets as a hole. Our KOG Report from Sunday worked to a tee but due to it being the last trading day of the month we took the short from yesterday into our Excalibur target and called it a day. What we didn't expect was that target would give us the RIP and then continue to follow the red boxes upside. Having said that, we're glad to have completed all of our daily and weekly targets and our current algo targets.
Now, we've had a slight reaction from the resistance level 3450 which may get a retest again and this time slightly higher unless we break below the 3440 level before the close.
Other than that, I'm pretty sure we're on for another 100% week on LiTE and missed 2 targets this week out of the many posted.
RED BOX TARGETS:
Break above 3375 for 3378✅, 3383✅, 3385✅, 3388✅ and 3392✅ in extension of the move
Break below 3365 for 3355, 3351, 3345 and 3335 in extension of the move
Wishing you all a great weekend ahead and we'll see you on Sunday for the KOG Report.
As always, trade safe.
KOG
The day after a new higher highHello fellow traders! 👋
It seems like so many times again, the market went in a different direction than you may have expected. 🤷♀️
After multiple positive words from members of the Fed, a rate cut is likely to happen and is getting priced in. 📉 On Friday, July 29, we got some good economic data from the U.S., but the market acted differently. 🤔 Why is this? The data wasn't worse than expected; it was as expected. The market is taking this as a sign—a sign for higher prices. But, and this is a fact, many retail traders aren't. 😥
It's not about confusion; it's about the market (and us as traders) not having priced in all the possibilities. 🤯
The truth is, they are lying to you. They (the government) are telling people and the news that things are about to get fixed and will be good, but they aren't. 🤥 If you think the data we got on Friday is true, think again. Look at the data; you'll see the forecast was as expected, but in reality, the numbers are better than before. Do you get it? The obvious conclusion isn't always the real one. 💡 In my opinion, the U.S. economic data everyone is talking about is much better than many people think because the news is written to make it seem bad. 😒 You can think whatever you want, of course!
Price went up, not down, and a rally was chased. Many stop-loss orders were hit and turned into a cascade of higher prices. 📈 Institutions are buying gold, yes, because the dollar is cheap (?), and a rate cut is coming with a very high probability. 💰 So they buy gold, which results in many people's (and that's a good thing) stop-loss orders being executed. 👏 (sorry)
I've seen it in the past, and you can see it too if you look at my data table. Whenever a very high gold price was reached, a correction followed. 📉
I expect a correction on Monday or Tuesday, and this correction will lead to at least $3418, which is the 0.382 Fibonacci level. In my view, $3403 is the 0.5 level and more realistic. If you look at the table I put in the image, you can see that the day after a high price like we had today, the correction was always at the 0.5 Fibonacci level or more! 📊
Don't think it won't happen; they will trap you in any way they can, such as with fakeouts... 😈
Believe in the market and its structure because, until now, there has never been a day without a correction after a rally like this! 💪
Gold (XAUUSD) Technical OverviewPrice is currently moving within the 3445–3450 range, showing short-term bearish pressure. The area around 3430 is an important level to watch.
A sustained H4 close below 3430 could open the way toward the next support zone near 3405–3390.
If price instead shows a bullish reversal from the 3430 region, upside retests toward the 3460 resistance area may follow.
This setup highlights 3430 as a key pivot for short-term directional bias. Traders should monitor how price reacts around this zone before planning the next steps.
GOLD Is Going Down! Short!
Here is our detailed technical review for GOLD.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 3,485.32.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 3,418.30 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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 subscribe and comment my ideas if you enjoy them!
GOLD 15 MIN OUTLOOK
Price is reacting from the OB zone above, showing signs of short-term rejection.
If the current support fails, I’m watching the 3,525 – 3,515 zone as the next reaction point.
Deeper liquidity sweep could target the 5min OB at 3,500 or even the Major POI around 3,485 before a strong bullish push.
As long as structure holds, I expect price to hunt liquidity below before moving higher toward 3,545+.
Plan:
Wait for confirmation in demand zones.
Look for bullish setups around 3,515 / 3,500 / 3,485 depending on how deep the pullback goes.
Target continuation toward new highs above 3,545.
goldsellsell limit 3540
tp 3505
tp2 3482
tp3 3462
idea for today
ChatGPT said:
Here’s a trading idea for today (September 2, 2025) based on the latest insights and technical context for XAU/USD (gold priced in US dollars):
Market Overview & Sentiment
Gold has surged to record highs, topping $3,500 per ounce, propelled by expectations of imminent U.S. Federal Reserve rate cuts, a weakening U.S. dollar, and increased demand from both investors and central banks. Analysts now anticipate prices in the $3,600–$3,900 range in the short-to-medium term, with potential to reach $4,000 by 2026 if geopolitical and economic instability persists
Reuters
The Guardian
The Economic Times
MarketWatch
.
Technical indicators are mixed:
Some sources spot overheated conditions, hinting at possible consolidation or a corrective pullback
The Economic Times
.
A TradingView breakdown highlights a wedge formation supported by Fibonacci “Golden Pocket” confluence—suggesting short-term retracement to the lower trendline could offer a high-probability long entry
TradingView
.
FXStreet notes that gold’s RSI is approaching overbought territory near the $3,500 mark, which may signal pausing or minor pullback before continuation
FXStreet
.
EBC Financial Group sees oversold RSI (~31.6) in a lower pricing context and technical indicators favoring a bounce if near-term support holds
EBC Financial Group
.
Today’s Trade Idea: Buy the Dip on Pullback
** Strategy Setup**
Entry Zone: If price dips toward the lower trendline of the wedge and/or key support levels—likely around $3,380–$3,400—this could be an attractive entry point for long positions
TradingView
Reuters
MarketWatch
.
Target: Return toward resistance levels in the $3,500–$3,550 area, with upside potential beyond that if buying momentum holds
MarketWatch
FXStreet
.
Stop-Loss: Place just below the wedge’s lower boundary—around $3,350—to limit downside if support fails to hold.
Rationale
Chain of support from both technical structure (wedge and Fibonacci levels) and strong market fundamentals (rate cut expectations, safe-haven demand).
Attractive risk/reward profile: entering on a dip and targeting continuation toward new highs.
Risks to Watch
Breakdown of technical support: A break below the wedge could signal a deeper corrective move.
Shifting Fed narrative: Any signs of delayed or fewer rate cuts may weigh on sentiment.
Overbought RSI: Near-term exhaustion may lead to temporary stalls or choppy price action
FXStreet
.
Summary Table
Detail Value / Range
Trade Direction Long (Buy on dip)
Entry Zone ~$3,380–$3,400
Target $3,500–$3,550+
Stop-Loss ~$3,350
Rationale Technical confluence, fundamental tailwinds
Risks Broader correction, Fed policy surprise, overbought conditions
Gold Update – Correction Complete, Acceleration Ahead?1. Yesterday’s setup
In yesterday’s update, after reviewing Gold in other currencies and concluding the bigger picture remains bullish, I pointed out that on XAUUSD a correction was normal after Friday’s huge rise. I highlighted the 3350 zone as the level where bulls should look for opportunities.
2. What happened overnight
Overnight, Gold delivered exactly that: a violent drop into 3350, immediately followed by an even more violent reversal that erased the move and spiked price up to 3385.
3. Current situation
At the time of writing, XAUUSD is trading around 3375. With the 3350 low now in place, we can reasonably consider the correction complete.
4. Key levels ahead
For a true bullish confirmation, clearing the 3380–3390 zone is essential . If this breakout occurs, I believe the 3400 level won’t act as much of a resistance, but rather as a point of upward acceleration.
5. Trading plan
My bullish view is unchanged. Buying dips against 3350 remains the strategy. For targets, a reasonable objective — if 3380–3390 gives way — is the 3450 zone.
6. Final note
Gold has shown its hand: buyers are here, defending the key level. Now it’s about confirmation above resistance — once that happens, momentum could take us higher, faster. 🚀
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Gold hits a new high; check out the latest trading signals.During early US trading on Friday (September 5th), gold prices surged to a new all-time high, driven by weak non-farm payroll data. December gold futures closed at $3,641.60 per ounce (currently trading approximately $50 above spot gold), up $35.90. December silver futures closed at $41.90 per ounce, up $0.483.
Today, keep an eye on two key technical levels: the 5-day moving average and the 4-hour moving average. As long as the price remains above the 4-hour moving average, the market remains bullish, so maintain a buy-on-low strategy. Even if there are short-term market fluctuations, these are merely normal corrections within the trend, presenting an opportunity to re-enter the market. The only thing we need to be vigilant about is whether the 4-hour middle track is held. If it is lost, the market may start a phased correction. However, it should be noted that any correction does not alter the overall unilateral upward trend.
Latest Trading Signals:
1. Buy on a pullback to the 3575-3562 support area, targeting 3588-3593. A breakout targets 3605.
2. Sell on a rise to the 3608-3617 resistance area, targeting 3603-3595. A breakout targets 3587.
Trading involves risk; manage your position appropriately.
TVC:GOLD EIGHTCAP:XAUUSD PYTH:XAUUSD OANDA:XAUUSD VANTAGE:XAUUSD FOREXCOM:XAUUSD
XAUUSD Analysis - FSX🔍 1. Technical Analysis (5-Minute Chart Review)
Price Structure
Price is currently at $3,549.71, having bounced twice off the $3,545.40 support and lower $3,542.26 support.
We're seeing short-term bullish rejection wicks near those support levels, suggesting buying interest.
Trend
On this intraday (5-min) chart: The market made a lower high and lower low, indicating a short-term downtrend, but this is being tested.
There's a potential reversal pattern forming (double bottom or inverse head-and-shoulders near $3,542 area).
Key Levels
Support:
$3,545.40 → Recent double rejection, acting as short-term support
$3,542.26 → Stronger horizontal support, tested multiple times
Resistance:
$3,551.30–$3,552.00 → Immediate resistance (previous lower high)
$3,557.00–$3,560.00 → Major intraday resistance (top before breakdown)
Indicators (Implied)
You have the "Buffett-Ackman RSI Support/Resistance Strategy" on — not shown directly, but the levels drawn seem to support RSI-based oversold zones near support.
Short-term candles are shrinking in body with long wicks → sign of buyer absorption of selling pressure.
🌐 2. Fundamental Analysis (As of Sept 5, 2025)
Macro Backdrop
USD Strength: Likely remains strong due to higher interest rates by the Fed (continuing 2024 tightening).
Inflation: If inflation remains sticky, it supports USD but also Gold due to its inflation hedge.
Geo-Political Risks: Any tensions (Russia/Ukraine, China/Taiwan) can spike gold as a safe haven.
Bond Yields: Rising yields pressure Gold due to opportunity cost of holding it. If yields cool, gold rallies.
Upcoming Events to Watch
US NFP (Jobs Data): If weak, USD drops and Gold may pump.
Fed Commentary: If dovish, bullish for gold.
CPI or PCE Inflation Data: Any downside surprise could trigger upside in Gold.
✅ 3. Trade Plan (Pro Setup)
🟢 Trade Idea: Long (Buy) XAUUSD – Countertrend Intraday Reversal
Entry: $3,546.00 (Buy limit just above the strong support zone)
Stop Loss: $3,540.50 (Below key swing low and liquidity zone)
Take Profit 1: $3,552.00 (Intraday resistance)
Take Profit 2: $3,557.00 (Key structure resistance)
Risk/Reward: ~1:2.5 minimum
🛡️ Reasoning:
Bullish rejection wicks on support zone ($3,542–$3,545)
Possible RSI oversold condition
Double bottom / consolidation = base formation
Risk tightly defined below structure
Fed uncertainty and safe haven bids can cause sudden spikes
⚠️ Alternative Scenario – If It Breaks Down
If $3,542.00 breaks convincingly with volume, then:
Flip bias short
Sell Below: $3,540.00
Target: $3,532.00–$3,528.00
Stop: $3,546.00
Reason: Clear breakdown of structure with liquidity hunt done
XAUUSD Gold Trading Strategy September 3, 2025XAUUSD Gold Trading Strategy September 3, 2025: Gold prices are stable, heading towards the $3,550 mark with ETF capital flows boosting and the market is also waiting for employment data and developments from the FED.
Basic news: Spot gold prices remained stable in today's Asian trading session, after rising sharply in the previous session. The current international gold price is around $3,531/ounce, according to CMC Group's FedWatch Tool, the market is pricing in nearly 92% of the possibility that the Fed will cut 25 basis points at the meeting on September 17.
Technical analysis: Spot gold prices continue to increase strongly. The rising price channel remains. Currently, the MA lines and the Fib frame are still very good support areas for prices, however, the RSI is in the overbought area; we should be careful that prices will have a correction first and then increase again. We limit FOMO, continue to wait at support zones combined between MA, Fib and FVG zone.
Important price zones today: 3500 - 3505 and 3475 - 3480.
Today's trading trend: BUY.
Recommended orders:
Plan 1: BUY XAUUSD zone 3500 - 3502
SL 3497
TP 3505 - 3515 - 3530 - 3550.
Plan 2: BUY XAUUSD zone 3475 - 3477
SL 3472
TP 3480 - 3490 - 3500 - 3530.
Wish you a safe, effective and profitable trading day.💯💯💯💯💯
Gold Long-Term Thesis: Above 200EMA, 50EMA Support; Pullbacks Zooming out, Gold remains in a secular uptrend. Price sits well above the Monthly 200 EMA, Weekly structure prints higher highs & higher lows. I see normal corrections not a crash, and I’m long-term bullish.
Chart Layout:
-Left (Monthly): Long-term trend with 200 EMA + rising trendline.
-Right (Weekly): 50 EMA as dynamic support, MACD momentum panel, RSI for overbought/oversold context.
Technical Evidence:
-Macro Trend Intact (Monthly 200 EMA): Price holds well above the 200 EMA—classic sign of a primary bull market.
-Structure (Weekly): Clear sequence of HH/HL. Pullbacks repeatedly react around the 50 EMA, showing buyers step in on dips.
-Momentum (Weekly MACD): MACD remains in positive territory during advances, supporting trend continuation rather than reversal.
-RSI (Weekly): Readings oscillate in a bull range (finding support ~40–50). No persistent extreme >70 across multiple weeks → still room to grow.
Macro Context (supportive, not the driver of my setup) :
-Persistent demand for safe-haven assets during periods of elevated uncertainty.
-Long-run concerns around debt/deficits and inflation expectations.
-Ongoing central-bank interest in gold reserves.
These reinforce the technical picture but aren’t required for the bull case when structure/momentum already align.
Positioning
Bias is long-term bullish.
I avoid leverage against the primary trend; if I’m wrong, invalidation is clear.
Gold’s monthly uptrend + weekly structure + MACD/RSI point to continuation, not collapse. Pullbacks = opportunity to accumulate; the long-term path of least resistance remains up.
Gold waits for a pullback to support before considering buyingYesterday, as the U.S. market was closed for Labor Day, market liquidity and volatility decreased, and gold basically did not fluctuate.
Gold prices rose again at the open today, pushing the all-time high to 3508, but only barely breached it, remaining under pressure from the 3500 level.
Yesterday I said that 3500 is crucial and if it cannot break through, there will be a correction. This view is currently being verified.
In addition, I am determined not to chase high prices anymore, especially when it approaches the 3500 mark. If you want to continue buying gold, I believe you should wait until the price retraces to support around 3450 or 3430 before considering it.
📣If you have different opinions, please leave a message below to discuss
GOLD OUTLOOK SEP5Market Structure
1. The broader structure remains bullish, with consecutive BOS (Break of Structure) confirming upward momentum.
2. After printing a high near 3580, price pulled back, creating a corrective move that tapped into lower demand zones.
3. Currently, price is consolidating around 3555 - 3560, suggesting indecision before the next leg.
Trading Scenarios
Bullish Scenario (Buy Setup)
- If price retraces to 3535 - 3540 or deeper into 3520 - 3525 demand, watch for a bullish ChoCH on lower timeframes (M5-M15).
- This would confirm buyers re-entering the market.
- Entry Condition: Bullish ChoCH + rejection wicks or FVG fill.
Bearish Scenario (Sell Setup)
- If price rallies into 3570 - 3580 and prints a bearish ChoCH (liquidity sweep + rejection), shorts can be taken.
- Entry Condition: Bearish ChoCH + imbalance rejection.
📝 The market is still in a bullish trend, but currently ranging between 3540 - 3580. The best setups are either longs from demand (3535-3525) with bullish confirmation or shorts from supply (3570-3580) with bearish confirmation.