Gold - Everything is Possible, as Always🚀 FX_IDC:XAUUSD Gold's Wild Ride: What's Brewing After the $3674 High? 🤯
Hey Goldbugs! 🤩 Our shiny friend, XAUUSD, has been on an absolute tear lately. Market makers did their magic, nudging Gold to a comfy spot around $3640, just shy of its ALL-TIME HIGH of $3674! 🚀 But now... crickets. What's next for our "always up" precious metal? Let's decode this mystery in a flash! 👇
The Lowdown: Why Gold's Taking a Breather 😴
1. The "Less Bad" News Effect:
Recent U.S. data has been... well, "less bad". Inflation/deflation drama is cooling off, and markets are starting to think things aren't as grim as they were. This makes some traders less keen on Gold, but don't forget the big players (institutions!) still need their fix. So, a tug-of-war begins! ⚔️
2. Overheated Engine Syndrome! 🌡️
Gold's run from $3321 to $3674 was a whopping +10.5% ($353!) at an almost 45-degree angle! That's impressive, but even the best engines need to cool down. Our daily RSI values have been chilling above 75% – that's "overheated" territory! 🔥 A correction is basically Gold taking a well-deserved nap.
The "C" Word: What Correction Looks Like 📉
Forget complicated math! A correction is usually a 10-20% price dip. Given Gold's recent sprint, we could be looking at a 20-30% pullback from that $353 gain, meaning a possible $70-$105 drop. 📉
Target Zones?
Many eyes are on $3580. But hey, Gold likes surprises! It could go lower, perhaps even test $3550 or more!
Your Trader's Toolkit:
Don't Get Caught Napping! 🛠️
Want to predict Gold's next move? Here's your cheat sheet:
Candlestick Clues: Watch for Shooting Stars 🌠, Hanging Men 🕯️, Spinning Tops, and Dojis. These are like little whispers telling you the trend might be tired.
EMA Lines: These are your trend compasses!
Fibonacci, Baby! 💫 Seriously, if you haven't, dive into Fibonacci Channels and Circles. They're like a crystal ball for price moves!
Economic Calendar: 🗓️ CPI, PPI, NFP, and U.S. Inflation Data are Gold's daily bread and butter. Know them!
🧠 ICT Insights: What the Pros Are Seeing 📊
Market Structure Shift (MSS): After hitting $3674, Gold's current wiggles (Lower Highs & Lower Lows) within this consolidation hint at a short-term shift in order flow. It's not a full reversal, but a pause for thought. If you look closely, you can see a Bull Flag Pole exists and the Flag is forming, currently a triangle, a good sign before the liquidity needs to get taken out from the bottom.
Liquidity Magnets:
Buy-Side Liquidity (BSL): Loads of orders (and stop losses!) waiting above $3674. That's a juicy target if Gold decides to moon again!
Sell-Side Liquidity (SSL): Plenty below the recent low around $3590-$3600. A dip here could be a "stop hunt" before bouncing.
Fair Value Gaps (FVG) & Order Blocks (OB): Those rapid green candles left "gaps" and "blocks" during the ascent. Gold loves to retrace and "fill" these gaps or retest these blocks ($3590-$3600 is a key OB zone!) before its next big move.
The Verdict? Gold's Not Done Yet! ✨
Is Gold heading for $3700+? YES! But probably not right now. A little cooldown, a bit of retracement to those key support levels and ICT zones, seems inevitable.
So, what to do? Be patient, be responsible with your capital, and keep your eyes peeled for those technical clues. Gold's next big move could be around the corner!
Next Week's Radar (ignoring the news for a sec):
Bullish Target: $3800 🚀
Bearish Target: $3550 🐻
Significant large orders are on
Sell Stop: 3611
Sell Limit_ 3657, 3659
Buy Limit: 3600, 3580, 3500
Buy Stop: 4497
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This is just my personal market idea and not financial advice! 📢 Trading gold and other financial instruments carries risks – only invest what you can afford to lose. Always do your own analysis, use solid risk management, and trade responsibly.
Good luck and safe trading! 🚀📊
GOLD trade ideas
Market Analysis: Gold Rockets to New HighMarket Analysis: Gold Rockets to New High
Gold price rallied to a new all-time high above $3,670.
Important Takeaways for Gold Price Analysis Today
- Gold price started a major increase from $3,500 against the US Dollar.
- A key bullish trend line is forming with support at $3,635 on the hourly chart of gold.
Gold Price Technical Analysis
On the hourly chart of Gold, the price formed a base above $3,500. The price remained in a bullish zone and started a strong increase above $3,550.
There was a decent move above the 50-hour simple moving average and $3,620. The bulls pushed the price above the $3,640 and $3,650 resistance levels. Finally, the price climbed to a new all-time high at $3,674 before there was a pullback.
The price dipped below the 23.6% Fib retracement level of the upward move from the $3,511 swing low to the $3,674 high, and the RSI declined below 50. Initial support on the downside is near $3,635 and the 50-hour simple moving average.
There is also a key bullish trend line forming with support at $3,635. The first major support is near the 50% Fib retracement at $3,592. If there is a downside break below $3,592, the price might decline further. In the stated case, the price might drop toward $3,575. Any more losses might push the price toward $3,510.
Immediate resistance is near $3,655. The next major hurdle for the bulls is $3,675. An upside break above $3,675 could send Gold price toward $3,688. Any more gains may perhaps set the pace for an increase toward $3,700.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
GOLD (XAUUSD): New ATH & More GrowthThe price of 📈GOLD reached a new all-time high today following the release of US news.
The market has successfully surpassed and closed above a previously identified resistance level within an accumulation pattern on a 4-hour timeframe.
Further upward movement is anticipated, and the pair is expected to approach the 3620 level in the near future.
XAUUSD – Should You Trade the Red News… or Let Them Trade You?🌟The Hype vs. Reality
Every NFP Friday, you’ll see traders flexing $500 to $5,000+ in one candle. But the reality check is that 95% of accounts are blown by spreads, slippage, and whipsaws. News looks like payday, but for the market, it is traps set both ways for retail traders.
Why Gold + Red USD News Is a Dangerous Mix
XAUUSD reacts harder with momentum than any other Forex pair.
NFP, CPI, FOMC, PCE — every release creates engineered chaos.
Typical pattern: spike one way → sweep stops the other way → only then trend resumes.
Example: NFP prints strong, Gold dumps 100+ pips, sweeps liquidity, then rips 350+ pips bullish with the higher-timeframe trend.
🔴When You Shouldn’t Touch It (Beginners)
If you’re still learning structure, stay flat. Here’s why:
• Spreads jump 10–30 pips instantly.
• SLs get slipped or completely ignored.
• First candle is pure manipulation.
• Emotions peak → revenge trades blow the account.
• Best move: study the reaction and wait for a safe entry, repeat 100+ times X more.
🟢When You Can Consider It (Intermediate Traders)
For traders with experience 1year+ on the charts:
• Before the release: position based on HTF bias, with very small risk.
• After the release: wait for the spike to finish, then take structure-backed entries.
Example: CPI prints weak, Gold jumps → once the fakeout clears and structure reclaims, you trade the continuation.
🖊️The Truth Nobody Likes to Hear
News doesn’t set the trend; instead, it likes to accelerate the story the chart was already telling.
If you can’t trade Gold without news, why would you dream of lying to yourself that an Unemployment Claims would make you instantly rich?
Final Note:
Trading XAUUSD over Red folder news is not proving catching the spikes. You need to show by sitting put, waiting for the dust to settle, that you trade with structure.
Beginners should grab some popcorn, watch it, and study for a while.
Intermediate traders can use news as fuel.
But if you dive in blind, remember XAUUSD doesn’t care about your trade; most likely, it will feed on it while you are volunteering as liquidity.
If this article helped you today and brought you more clarity:
Drop a 🚀 and follow us✅ for more trading ideas and trading psychology. Thank you.
XAU/USD Analysis: 3 Reasons Why Gold’s Rally Might PauseXAU/USD Analysis: 3 Reasons Why Gold’s Rally Might Pause
Today’s XAU/USD chart shows that gold continues to set records in September. The price has risen above $3,650 per ounce for the first time in history – one of the main drivers being expectations of a Federal Reserve rate cut on Wednesday, 17 September.
Easier monetary policy is generally seen as boosting gold’s appeal – this has pushed XAU/USD nearly 6% higher since the start of September. However, the chart highlights three reasons why further upside may be limited.
Technical Analysis of the XAU/USD Chart
1. Long-term channel:
Over the course of 2025, gold price movements have formed an ascending channel (shown in blue), and today XAU/USD is trading close to its median line. This is where supply and demand typically balance out. Buyers may consider the post-September rally overstretched, while sellers could view the all-time high as an opportunity to take profits.
2. Rectangle pattern target reached:
The range between $3,250 and $3,440 that developed mid-year can be interpreted as a rectangle pattern. Following the bullish breakout, the implied target of $3,630 has already been achieved.
3. RSI signals risk:
The RSI indicator is close to forming a bearish divergence.
Given the steep angle of the orange support line, a correction – for example, towards the psychological level of $3,550 – might occur.
In summary, gold’s upward momentum may start to slow. At the same time, given the market’s inertia, traders may have little reason to expect a decisive shift away from bullish dominance. Still, next Wednesday could bring surprises.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Break of Rising wedge XAUUSD breaks the H1 Rising wedge pattern and almost Overbought on D1.
All eyes no 3640-3645 zone.
What possible scenario we have?
• XAUUSD on undisputed bullish rising wedge I'm selling from 3635-3640 range and my Targets will be 3615 the 3605 with two session if golds remains below 3635-3640.
• secondly if H4 candle closes above 3645 then our analysis will be invalid and market will test the lower trendline at 3680 .
All the entires should be taken once all the rules are applied
XAUUSD sell on pullbackXAUUSD has got strongly rejected from 3675.00 with one single move to level 3619.83 with break of structure, upon daily close, as with the higher timeframe it has started an uptrend. As price started pullback from the daily rejection, it is highly likely price continue to drop to daily support at 3619.83 or below. As 4h price approaching FVG we may find lower timeframe down trend with series of lower high and lower low.
Possible trade selling opportunity from 3640.00 to 3619.83
Importance of Stable Currencies for World Market Trade1. The Role of Currency in Global Trade
1.1 Currency as a Medium of Exchange
International trade requires a common means of settlement. Because no single world currency exists (although the US dollar often acts as a de facto standard), countries exchange their goods and services using various national currencies. Stability ensures that the relative value of these currencies remains predictable, allowing businesses to price products, negotiate contracts, and settle payments with minimal risk.
1.2 Currency as a Unit of Account
Trade contracts, shipping agreements, and global commodity benchmarks are often denominated in stable currencies. For example, oil is priced globally in US dollars. If the dollar or any widely used trade currency becomes unstable, it complicates accounting, pricing, and long-term planning for businesses worldwide.
1.3 Currency as a Store of Value
Stable currencies retain purchasing power over time, encouraging businesses and investors to hold reserves in them. Importers and exporters often keep part of their profits in reliable currencies like the US dollar, euro, or yen. Instability erodes confidence and pushes businesses toward hedging or shifting reserves into more predictable assets like gold or government bonds.
2. Importance of Currency Stability for Businesses and Trade
2.1 Predictability in Pricing
For exporters and importers, volatile exchange rates can make products suddenly too expensive or too cheap in foreign markets. Stable currencies allow businesses to forecast demand, maintain competitive prices, and reduce the risk of losing markets due to sudden currency swings.
2.2 Encouraging Long-Term Contracts
Trade deals often span months or years, involving large shipments and complex payment structures. Stable currencies give both sides confidence to commit to long-term contracts, knowing the value of money will not drastically change by the time payments are due.
2.3 Reducing Transaction Costs
Instability forces businesses to spend more on financial hedging instruments like forwards, options, and swaps. While hedging reduces risk, it increases costs. Stable currencies eliminate much of this need, allowing businesses to allocate resources toward production and innovation.
2.4 Attracting Investment
Foreign direct investment (FDI) is sensitive to currency stability. A stable monetary environment reassures investors that profits will not be eroded by inflation or sudden devaluations, thereby making a country more attractive as a trading and investment partner.
3. Macroeconomic Benefits of Currency Stability in Global Trade
3.1 Promoting International Confidence
A currency that holds value over time inspires global trust. This trust is critical when that currency is used as a reserve currency, such as the US dollar or euro. When central banks and businesses believe in a currency’s long-term stability, they are more likely to hold reserves in it and settle trade transactions using it.
3.2 Supporting Balance of Payments
Stable currencies help maintain equilibrium in a nation’s balance of payments. Instability often results in trade imbalances, capital flight, and unsustainable debt levels. Predictable exchange rates ensure smoother trade flows and better financial planning.
3.3 Preventing Inflationary Spillovers
Currency instability often leads to inflationary shocks. For instance, if a country’s currency weakens dramatically, import prices rise, causing domestic inflation. Stable currencies reduce such inflationary spillovers, contributing to steady trade conditions.
3.4 Enhancing Monetary Cooperation
International institutions such as the International Monetary Fund (IMF) and World Bank rely on relatively stable currencies to structure loans, debt repayments, and trade financing. When major currencies are stable, global cooperation becomes easier and more effective.
4. Case Studies: Stable vs. Unstable Currencies
4.1 The US Dollar: A Global Benchmark
The US dollar remains the dominant reserve and trade currency due to its stability, deep financial markets, and backing by the world’s largest economy. Its reliability allows commodities like oil, gold, and agricultural goods to be priced in dollars, simplifying global trade.
4.2 The Euro: Regional Stability and Trade Growth
The euro has transformed trade within the European Union by eliminating exchange rate risks among member states. It has also emerged as the second most used global currency, reducing transaction costs and boosting intra-European trade.
4.3 Hyperinflation in Zimbabwe
Zimbabwe’s experience with hyperinflation in the 2000s highlights the destructive effects of unstable currencies. The Zimbabwean dollar lost credibility, trade collapsed, and the country had to adopt foreign currencies like the US dollar and South African rand to restore commerce.
4.4 Argentina’s Currency Volatility
Argentina has long suffered from repeated currency crises, high inflation, and debt defaults. This instability discourages foreign trade partners, reduces FDI, and forces businesses to use the dollar for trade settlements instead of the local peso.
5. Stable Currencies and Commodity Trade
5.1 Oil and Energy
Oil is the most traded commodity in the world, and it is priced almost exclusively in US dollars. This stability allows exporters and importers to hedge risks effectively. If the dollar were unstable, global energy markets would face severe uncertainty.
5.2 Gold and Precious Metals
Gold serves as a hedge against currency instability. Countries with volatile currencies often accumulate gold reserves to protect trade value. However, reliance on gold is less efficient than stable fiat currencies, as it ties up capital and reduces liquidity.
5.3 Agricultural Products
Farmers and traders benefit from stable pricing in global currencies. For example, wheat, soybeans, and coffee are priced in stable currencies, allowing agricultural exporters in developing countries to plan production cycles with greater certainty.
6. Financial Markets and Currency Stability
6.1 Forex Markets
The foreign exchange market thrives on liquidity and confidence. Stable currencies dominate forex trading, with the US dollar, euro, yen, and pound accounting for the majority of transactions. Volatile currencies are marginalized, limiting their global trade role.
6.2 International Debt Markets
Countries borrow internationally in stable currencies to secure favorable interest rates. Unstable currencies lead to higher risk premiums and borrowing costs, reducing a nation’s ability to participate in global trade financing.
6.3 Global Payment Systems
SWIFT and other payment networks prefer settlement in stable currencies, ensuring faster, cheaper, and more reliable cross-border transfers. This reinforces the dominance of currencies like the dollar and euro in world markets.
7. Risks of Currency Instability for Global Trade
7.1 Exchange Rate Volatility
Sharp fluctuations in exchange rates can wipe out profit margins in trade contracts. Exporters may receive less than expected, while importers may pay far more than budgeted.
7.2 Inflation and Purchasing Power Erosion
Unstable currencies often lead to inflation, which reduces real income and discourages consumer demand. Inflationary environments hurt exporters who rely on predictable purchasing power in foreign markets.
7.3 Capital Flight
Investors quickly withdraw funds from countries with unstable currencies, leading to reduced liquidity, higher interest rates, and weaker trade capacity.
7.4 Trade Wars and Protectionism
Currency instability often sparks accusations of “currency manipulation.” Countries may impose tariffs or restrictions to protect themselves, leading to trade wars that disrupt global supply chains.
Conclusion
The importance of stable currencies for world market trade cannot be overstated. Stability underpins trust, reduces risks, lowers transaction costs, and encourages long-term commitments in international commerce. From oil markets priced in dollars to regional trade facilitated by the euro, the benefits of currency stability ripple across the global economy. Conversely, unstable currencies create inflation, capital flight, and reduced trade opportunities, pushing countries into isolation and inefficiency.
In an interconnected world, stable currencies not only serve national interests but also sustain the health of the global trading system. As global finance evolves with digital currencies and multipolar power structures, the demand for currency stability will only intensify. Policymakers, central banks, and international institutions must therefore prioritize stability as a cornerstone of global trade prosperity.
Trading GOLD At All-Time Highs - 2 Methods for Profit TakingGold has broken out to all-time highs, leaving traders asking: “Where should I take profits when there’s no structure to target?”
In this video, I’ll walk you through two proven methods for setting profit targets when trading in uncharted territory:
🔹 Price Action & Technical Tools – measured moves, AB=CD patterns, Fibonacci extensions (127 & 1618), and wedge breakout projections.
🔹 Indicator-Based Exits – using RSI, stochastics, and volatility bands (Keltner Channels / Bollinger Bands) to identify exhaustion and exit signals.
You’ll learn:
✅ How to set profit targets without previous structure
✅ Why thinking like the “other trader” gives you an edge
✅ Why catching part of the move beats chasing the very top
If you have any questions or comments, please leave them below.
Akil
Gold makes a correctional move Gold makes a correctional move while aligning with its broader bullish trend, creating fresh highs at the 3670’s. The daily candle formation shows demand around 3620, which lures price action to liquidate the 3660’s before the next directional move.
<<<<<>>>>> key insight:
New High: 3670’s
Daily Demand: 3620
Liquidity Zone: 3660’s
Bias: Bullish continuation with corrective pullbacks. follow for more insights , comment and boost idea
XAUUSD | ATH Hit – Wave 5 Complete, ABC Correction Ahead?Gold has completed its Elliott 5th wave, reaching a new all-time high. A smaller ABC correction is now expected. While the main upside trendline is still intact, it has already been tested 3 times — giving high probability that at least a short-term break could occur. Targeting wave A’s resistance level could form a bull flag for continuation higher.
Possible correction zones:
• 3550–3580 area, where multiple supports and trendlines align
Additional confluences:
• RSI trend breaks to the downside across multiple timeframes, dipping below 50%
• Stochastics have stayed overbought for an extended period
• MACD showing a potential double-top formation, failing to reach new highs
Disclaimer: This idea is for educational purposes only. Please do not place trades solely based on this setup.
Will gold prices hit new highs today?Will gold prices hit new highs today?
Many people took advantage of yesterday's positive news to sell at high prices, causing gold prices to fall sharply. However, gold prices have risen again today.
Today's rise in gold prices is due to escalating geopolitical tensions.
After the Ukrainian Air Force warned that a Russian drone had entered the airspace of NATO member Poland, Polish and allied fighter jets were scrambled to secure the airspace.
This geopolitical tension has intensified market demand for safe-haven assets, pushing up gold prices.
Technical Analysis:
1: Short-term support: $3,600-3,620.
If broken, this week's low near $3,580 could be tested.
2: Short-term resistance: All-time highs of $3,660-3,675.
If broken, the next target is $3,700 or even $3,750.
As shown in Figure 2h:
1: A large ascending triangle pattern has formed. If gold breaks through the upper boundary, the target price is expected to be $3,750.
2: After hitting a record high, gold prices face a significant short-term technical correction risk.
The market may need a breather.
3: The upcoming US PPI data will be a key driver.
If the data exceeds expectations, it could weaken expectations of a rate cut, provide support for the US dollar, and trigger a gold price correction.
Conversely, weak data could reinforce rate cut expectations, pushing gold prices to test or even break through the all-time high of $3,675.
4: Any further geopolitical developments will continue to influence market risk aversion, triggering gold price volatility.
My trading strategy:
Gold prices are unlikely to break new highs today. I believe the market needs some time to breathe and adjust, but we must acknowledge that gold bulls are currently in a frenzy.
SELL: 3360-3370
SL: 3380
TP: 3350-3340
BUY: 3630-3640-3645
SL: 3625
TP: 3660-3670
I believe the market will fluctuate between 3625 and 3670 today. For intraday trading within this range, you can employ a range-bound strategy: buy high, sell low, buy low, sell high.
XAU/USD - A Clear Sentiment IndicatorDear Friends in Trading,
“I share only my perspective. In this industry, learning never ends, but progress comes when we learn from mistakes without repeating them.” - ANROC
A) The message is clear:
Market Sentiment = "RISK OFF"
B) Food for Thought:
US Treasury Bonds - "$" is also a safe haven commodity under "RISK-OFF" Sentiment.
Let that sink in.
I sincerely hope my point of view offers a valued insight.
Thank you for taking the time study my analysis.
XAUUSDHello Traders! 👋
What are your thoughts on XAUUSD?
Gold has been moving within a medium-term ascending channel and recently managed to break above a major resistance area that had previously rejected price multiple times.
Currently, the price is facing a psychological and technical barrier at the $3500 level, acting as the next resistance.
Price is expected to consolidate slightly below $3500 before attempting another push higher.
As long as price holds above the broken resistance and stays within the ascending channel, the bullish outlook remains valid.
A successful breakout above $3500 could open the path toward targets at $3600 – $3700-$3900 in the medium term.
Don’t forget to like and share your thoughts in the comments! ❤️
“From Shine to Slide: Gold Eyes $3,567 in Short Setup”Gold:
Gold is showing signs of bearish pressure as recent momentum has shifted from a bullish breakout to a potential reversal. As of the latest 30-minute chart, XAUUSD has failed to sustain above the $3,600 zone and is now retracing towards critical support levels. Market sentiment suggests sellers may take over in the short term.
📈 Updated Setup Strategy (Short Bias)
Our current setup signals a short position opportunity. Price has broken down from the immediate bullish momentum and is now creating lower highs, suggesting a trend reversal is underway. A *bearish continuation* below the current support levels could trigger a move towards the Fair Value Gap (FVG) zone.
🎯 Targets
1. Immediate Bearish Short Target:
* First target at $3,577.928
* Second target at $3,567.068
2. Extended Target (FVG Retest Zone):
Possible drop towards $3,545.870 if bearish momentum remains strong.
📊 Resistance & Support Levels
Key Resistance: $3,600.205 (recent swing high)
Immediate Resistance: $3,586.545 (current price)
Support Zone:
$3,578.224 (minor support)
$3,567.068 (key level to watch)
FVG Retest Zone: $3,545.870 (major support)
🧠 Final Thought
Gold is facing downward pressure after testing its highs. A short setup is valid as long as price stays below $3,600. If the support at $3,567 fails to hold, expect a deeper move into the FVG zone. Always wait for confirmation candles and manage risk accordingly.
✅ Note: This setup is for educational purposes and aligns with current price action. Trade wisely with proper risk management.
Battle Lines Drawn — Which Comes First, 3700 or 3600?Gold started to fall from around 3675, but failed to effectively fall below 3620 many times during the retracement, so the current retracement cannot be regarded as a market reversal. If the gold market has really peaked, I think the minimum requirement is to effectively fall below 3620, but it is obvious that this condition has not been met yet. Under the current conditions, it can only be regarded as a pullback correction. So at this stage of trading, we cannot be overly bearish on gold.
Currently, gold bulls and bears are competing with each other for control, and the price will remain in a wide range of fluctuations in the short term. However, since gold rebounded from 3620, the bullish structure has not been destroyed. The short-term support below is in the 3635-3625 area, and further strong support is in the 3615-3605 area. If gold fails to break below the 3635-3625 area, it will favor bulls and could serve as a springboard for further gains. Once gold continues its upward trend and breaks through the 3665 area, it could potentially reach the 3680-3690 area.
Therefore, in short-term trading, since gold remains bullish, we can continue to buy gold within the 3635-3625 support area, with the primary target being the 3660-3670 area.
Gold Extends Rally After Hitting Record High📊 Market Overview:
Gold is holding at record highs, trading around $3,652/oz, supported by a weaker dollar, lower yields, and growing Fed rate cut expectations.
📉 Technical Analysis:
• Key resistance (near-term): 3650 – 3665
• Extended resistance (H1): 3690 – 3700
• Nearest support: 3640 – 3635
• Extended support (H1): 3615 – 3608
• EMA: Price is trading above multiple EMAs, confirming a bullish bias.
• Candles / Volume / Momentum: Momentum remains bullish; RSI on H1 is slightly overbought, suggesting potential for short pullbacks before continuation.
📌 Outlook:
Gold is likely to continue higher short-term if it holds above 3640. A breakout above 3665 could open the door to 3690 – 3700, with potential extension to 3725 – 3735. Conversely, a drop below 3635 may trigger downside pressure toward 3615 – 3585.
💡 Suggested Trading Strategy:
🔺 BUY XAU/USD: 3640 – 3643
🎯 TP: 40/80/200 pips
❌ SL: 3637
🔻 SELL XAU/USD : 3663 – 3666
🎯 TP: 40/80/200 pips
❌ SL: 3669
Gold | H4 Double Top | GTradingMethodHello Traders,
🧐 Market Overview:
Over the last 3 weeks, gold has rallied just under 10% — a massive move. While my longer-term outlook remains bullish, my system is currently flagging a potential short. On the 4-hour chart, a double top pattern is forming, signaling a possible pullback.
My system looks for rsi divergence, which is currently present. It also needs to see lower volume on the second top, also already confirmed.
My system has given the green light for opening a short. Now I am just waiting for a good entry point. Time to be patient and follow all my rules.
📊 Trade Plan:
Risk/Reward: 3.5
Entry: 3 664.5
Stop Loss: 3 691.4
Take Profit 1 (50%): 3 592
Take Profit 2 (50%): 3 551
💡 GTradingMethod Tip:
Trading is about probability. This means I need to take every single trade when my edge is available. It also means I need to follow my rules on every single trade.
🙏 Thanks for checking out my post!
Follow me for more setups and let me know — do you think gold will respect this double top or continue its bullish momentum?
📌 Disclaimer:
This is not financial advice. This content is to track my trading journey and for educational purposes only.
Gold weekly chart with both buy and sell levelsBuy @ 3652
Sell @ 3636
Here’s the analysis:
1. Buy level: 3652
This sits just above the 0.382 Fib retracement (~3650–3651) from the prior swing.
Price has been consolidating around this Fib cluster and the moving average ribbon, so buying at 3652 is a momentum continuation idea if price reclaims and holds above this level.
Upside targets:
First resistance ~3674–3675 (previous swing high).
Beyond that, 3680–3685 (upper green zone), then potential extension toward 3700.
Risk: This buy entry is vulnerable if price rejects at Fib 0.382 and rolls over — in that case, you could get trapped at the top of a range.
2. Sell level: 3636
This lines up with horizontal structure + mid-zone support.
It’s also just above a deeper retracement area (0.5–0.618 zone around 3630–3612).
A sell trigger here suggests you’re looking for a breakdown below consolidation, aiming for:
First target: 3620–3616
Deeper target: 3595–3580 (red zone below).
Risk: If price bounces from the 0.5–0.618 retracement (classic golden pocket), your short may get squeezed.
3. Macro context from this chart
Macro Delta Volume = +15% (top-right): suggests buyers still have an edge.
Current bias seems to favor buy dips rather than short breakdowns, unless we see strong selling momentum below 3630.
The broad structure looks like a bullish consolidation inside Fib retracement, but the market is choppy — meaning both levels are logical as tactical plays, depending on breakout direction.
✅ Summary
Buy 3652: good if price reclaims momentum above Fib 0.382 → targets 3675–3685+.
Sell 3636: works only if price closes below 3630 (break of support) → targets 3616 then 3595–3580.
Overall bias leans bullish as long as gold holds above 3612 (Fib 0.618) — but be ready to flip short if that level gives way.
As always use proper risk management on these trades , take profit ans start securing at 20+ pips
GOLD SELL LIMITGold has an overall target market goal that I believe is 3,700. After that we will see a-lot of deals made in the market, crypto ETFs will become a new way of storing assets. This will bolster the price of gold down as crypto assets will become the mainstream source of keeping assets as they reveal the new US treasury financial system.
This is not financial advice. Good luck