Perfect profit on long positions in the Asian session!
Based on the one-hour analysis, support is expected around 3625-3633. Rebounds from this level will continue to favor a bullish trend. The short-term bullish stronghold is at 3600. If the daily chart stabilizes above this level, continue to maintain a bullish trend. The primary strategy is to go long on pullbacks. I'll provide detailed trading strategies during the session, so stay tuned.
Gold Trading Strategy:
1. Go long on pullbacks to 3625-3633. Add to long positions on pullbacks to 3607-3615. Set a stop-loss at 3596 and target 3655-3660. Hold if it breaks through.
GOLD trade ideas
CPI Showdown – Will Gold Claim 3675+ or Collapse First?Gold at the Gates – CPI Will Choose the Winner
Gold has been climbing relentlessly, step by step, like a king walking through open gates. The last breakout above 3640 was no accident — it was structure unfolding with precision.
Now, we stand in front of tomorrow’s battlefield: CPI and Jobless Claims. These are not just numbers; they’re the spark that can ignite a trend continuation… or flip the script in one violent sweep.
If bulls defend 3628–3635, the road is clear to 3660, and then the higher ground at 3675–3685.
But if the floor breaks, expect a sharp liquidity grab under 3635 before any recovery.
This is not a random range. It’s the decision point, where market makers will show their hand.
⚡ Tomorrow, the question is simple: will Gold march higher into uncharted territory, or will CPI pull the rug first?
⚡ If this plan gives you clarity, smash the like ❤️, drop your comment 💬, and don’t forget to follow GoldFxMinds for daily precision maps 🚀
#xauusd-gold-4hHello dear friends
The path of gold price movement over the next week is clear on the chart
First, correction for wave 4
Then the end of wave 5
Finally, wave A of ABC will end the final wave 5 of gold
And then wave B will form, which in the following weeks will be clear, and finally the final wave C of gold and the end of the big wave 3 of gold
Good luck
Gold at a Crossroad – 3645 Wall vs 3610 Base👋 Hello traders,
Gold is trading now around 3636 after printing the ATH at 3674. Since then, price has been rejected twice from the 3645–3650 supply zone, forming clear lower highs and showing signs of distribution.
🔸 HTF Picture (D1–H4):
Momentum is cooling, RSI is coming down from overbought, and EMAs are starting to lose their bullish slope. Structure is heavy under 3645, but the higher timeframe uptrend is still intact as long as 3610–3600 holds.
🔸 Key Levels:
Resistance: 3645–3650 → strong supply, rejection zone.
Support: 3610–3600 → structural base, must hold to avoid deeper correction.
⚡ Friday Context:
We have red USD news (UoM sentiment + inflation expectations). On top of that, it’s Friday, and gold often plays dirty before weekly close – fake spikes, liquidity grabs, and manipulation are common.
🎯 The battlefield is clear: 3610 vs 3645. If bulls defend the base, we could see another push higher. If sellers keep control below the wall, more downside opens.
📊 What’s your play here? Buy the dip or fade the wall?
👇 Drop your thoughts in the comments, hit the like button if this helps your trading, and don’t forget to follow GoldFxMinds for daily precision updates 🚀✨ ma refer la text, asta era textul
Gold (XAUUSD) 6H – Bullish Order Flow With Key Liquidity TargetsOn the 6H timeframe, Gold shows a clear bullish order flow. Price recently tapped into the daily bullish FVG and reacted strongly to the upside, which supports my bullish bias.
From here, I expect the first target to be the buy-side liquidity around 3657. If momentum continues, the next objective could be a revisit to the all-time high.
⚠️ However, if price closes below 3612, this would shift the bias short-term bearish, with potential downside toward 3592.
Overall, I remain bullish for now, as long as price respects the key support levels.
💌It is my honor to share your comments with me💌
🔎 DYOR
💡Wait for the update!
GOLD TRADE SETUP CHECK NOW📉 GOLD TRADE SETUP – CHECK NOW
🔑 Potential Entry Zone: 3640 – 3635
❌ Stop Loss (Invalidation Level): 3630
🎯 Target Levels:
✔️ TP1 – 3655
✔️ TP2 – 3666
✔️ TP3 – 3778
💡 This is my personal market outlook based on chart structure & price action. Always apply proper risk management.
⚠️ Disclaimer: This is not financial advice. Content is shared for educational and informational purposes only.
XAUUSD H4 Weekly Outlook – Sep 15–19, 2025The higher you climb, the sharper the fall... unless you know where the trap is.
👋 Hello traders,
We’re heading into a critical week for Gold, with price currently testing the ceiling of an aggressive bullish leg. In this H4 outlook, we’ll break down the 3 key supply zones above price, the demand layers below, and what to expect from market structure, reaction points, and sniper entries. Let’s map it out 👇
🔸 1. H4 Structure & Trend
✅ Trend: Still bullish – price is printing higher highs and higher lows after a strong BOS
⚠️ However: We're now inside a key supply zone, with signs of momentum exhaustion
EMAs are still locked, but flattening – indicating early compression
🔸 2. Supply Zones (Above/At Price)
🔴 3640–3666 – Active H4 Supply (Price Inside Now)
‣ We are currently consolidating inside this premium zone
‣ Multiple EQHs indicate inducement
‣ A strong rejection here may trigger pullback toward demand
‣ A clean break above → confirms bullish continuation
🟠 3692–3720 – Inducement + FVG Zone
‣ Matches 1.272 Fibonacci extension
‣ Imbalance + wick gap + low resistance
‣ Likely to act as a trap zone for breakout chasers if tested
🔴 3745–3785 – Final Expansion Supply Zone
‣ 1.618–2.0 fib projection + HTF inefficiency
‣ High-probability reversal zone if price extends bullish without pullback
‣ Only reachable if bulls dominate and structure confirms breakout above 3720
🔸 3. Demand Zones (Below Price)
🟦 3600–3580 – First Pullback Demand
‣ Minor OB + FVG from previous impulse
‣ Likely to hold first tap if 3640–3666 fails
‣ Watch for bullish reaction
🟦 3544–3520 – Internal OB + EMA50 Zone
‣ Structure-support zone + previous BOS origin
‣ Stronger continuation setup if 3580 fails
🟦 3500–3470 – Full Reaccumulation Zone ✅
‣ Clean OB + deep discount pricing + last institutional demand
‣ EMA100 confluence
‣ Final valid long zone before major sentiment shift
‣ If broken, trend may flip to bearish
🔸 4. Confluences
✅ EMA 5/21/50: Locked bullish, but flattening – signs of slowing trend
✅ RSI: Cooling off from overbought → early warning of exhaustion
✅ Equal Highs: Inducement logic building below 3666
✅ FVGs: Gaps both above and below → price remains imbalance-driven
✅ Fibonacci: 1.272 → 1.618 extensions align with supply zones above
🔸 5. Scenarios for the Week
📈 Bullish Scenario
‣ If price breaks and holds above 3666, we expect a push toward 3720, and possibly 3745–3785
‣ Ideal reentry long zones: 3600 and 3544, with confirmation
‣ Trend remains bullish above 3520
📉 Bearish Scenario
‣ Rejection from 3640–3666 or EQH sweep = short-term top
‣ Target pullbacks: 3580 → 3544 → 3500–3470
‣ Only a break below 3470 flips sentiment into correction mode
📍Price now inside 3640–3666 → this is the battlefield for the early week.
🔚 Final Thoughts
This week’s setup is clear: Gold is inside a live decision zone. Watch how price reacts — breakout or rejection will decide the next 300+ pips. Don't get baited by the EQHs... precision and confirmation are everything.
—
👉 If this clarified your map for the week, drop a LIKE to support the effort, FOLLOW GoldFxMinds for more daily sniper-level updates, and let’s stay sharp, structured, and two steps ahead all week long 💥🔥🚀
Lingrid | GOLD Weekly Market Outlook: Fed Cut Bets Drive Rally ?OANDA:XAUUSD surged Friday after disappointing payroll data showing just 22K jobs added versus 75K expected, solidifying Fed rate cut expectations at 87.8% probability for September's meeting. The precious metal has already hit record highs above $3,500, gaining over 30% year-to-date as weakening labor conditions fuel aggressive easing bets.
The 4-hour chart reveals gold touched above the $3,600 resistance zone with bullish momentum intact. If the market pulls back then there's 38.2% fibo retracement level to consider. Overall gain of 4.75% in one week suggests minor consolidation might occur before targeting the upper resistance around $3,650. The ascending channel remains unbroken, supporting continued upward movement.
The broader perspective shows gold emerging from a prolonged consolidation phase, with the recent breakout confirming a major $3,500 level. Gold initially demonstrated its first impulse leg, then moved sideways for four months, and is now in the process of forming its second impulse leg, which will end at around $3,660.
Some economists now debate whether the Fed might deliver a jumbo 50-basis-point cut given consecutive weak employment reports, which could propel gold toward the $3,660-3,700 correction zone upper boundary. Key support lies at $3500-3530, while sustained weakness could test the major trendline near $3,450.
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
Interest rate cut, can gold reach 3700?✍️ NOVA hello everyone, Let's comment on gold price next week from 09/15/2025 - 09/19/2025
⭐️GOLDEN INFORMATION:
Gold (XAU/USD) climbed 0.44% in Friday’s North American session, trading near $3,649 after rebounding from $3,630, as weak US labor and sentiment data strengthened expectations of a Fed rate cut next week. Softer University of Michigan Consumer Sentiment, rising jobless claims, and a steep payrolls revision overshadowed this week’s inflation figures, reinforcing the view that the labor market is cooling. Markets now widely anticipate the first rate cut at the September 17 FOMC meeting, following Chair Powell’s signal at Jackson Hole that policy adjustments may be needed.
⭐️Personal comments NOVA:
Financial markets await the outcome of interest rate cuts next week. Gold prices are expected to continue rising, reaching 3700.
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $3674, $3700
Support: $3612, $3578
🔥 NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
Weekly XAUUSD Outlook – September 15–19, 2025Hello traders,
Gold set a new ATH at 3674, pushing into premium territory. The higher timeframe remains bullish, but price sits above a wide imbalance with untouched OBs below. With FOMC this week, the decision is clear: breakout continuation or correction.
🔸 Weekly Structural Zones (real, wide 30–50$)
🟥 Weekly Supply 3670–3720 (ATH zone): Liquidity pocket around the all-time high. Key decision area for breakout or rejection.
🟥 Weekly Supply 3770–3800: Next untested supply block, aligns with extension targets.
🟥 Weekly Supply 3850–3920: Higher supply area, untouched liquidity cluster above.
🟦 Weekly Imbalance 3590–3450: Wide clean imbalance left behind by the bullish leg. Main corrective magnet.
🟦 Weekly Demand OB 3340–3290: Untouched institutional order block, first major support below imbalance.
🟦 Weekly Demand OB 3180–3120: Deeper valid order block, aligning with retracement confluence.
🟦 Weekly Demand OB 3050–2980: Extreme deep discount order block, still valid on HTF.
🔸 Confluences
EMA Stack (5/21/50/100/200): Bullish lock, EMA50 sits near 3450 inside imbalance.
RSI (Weekly): Overbought → exhaustion risk near ATH supply.
Liquidity: Resting pools above ATH 3674 and under imbalance 3450.
Fibonacci (2640 → 3674 swing): Extensions (3750, 3880) align with upper supply zones. Retracements overlap with weekly OBs, confirming validity.
🔸 Weekly Scenarios
📈 Bullish Expansion
Breakout above 3670–3720 supply → next liquidity magnets at 3770–3800 and 3850–3920.
Dovish FOMC could drive this continuation.
📉 Bearish Correction
Rejection at ATH sends price into 3590–3450 imbalance.
If fully rebalanced → first real support at 3340–3290 demand OB.
Deeper correction possible to 3180–3120 or 3050–2980 demand OBs if macro turns hawkish.
🔥 Summary:
Weekly Supply Zones: 3670–3720, 3770–3800, 3850–3920
Weekly Imbalance: 3590–3450
Weekly Demand OBs: 3340–3290, 3180–3120, 3050–2980
Market stretched at ATH → FOMC will decide breakout or correction.
📌 Gold is at a turning point: breakout above ATH into 3700, 3800+, or correction to rebalance the 3590–3450 gap. Which scenario do you lean toward? Drop a comment below 👇, like and follow GoldFxMinds for precision weekly maps.
Gold Outlook: Bearish Below 3,629 High Volatility Ahead CPIGOLD – Overview
Gold is expected to see high volatility today ahead of the U.S. CPI release.
📉 Bearish scenario: Before the data, price may test 3,621 → 3,612, with deeper risk toward 3,600. Stability below 3,629 would confirm bearish continuation.
📈 Bullish scenario: A 1H close above 3,630 would shift bias bullish, targeting 3,640 → 3,657 → 3,683 (ATH zone).
⚠️ CPI impact:
Above 2.9% → bearish momentum likely, with downside toward 3,600.
At 2.9% → likely bearish volatility.
Below 2.9% → supports strong bullish rally toward new ATH levels.
Key Levels
Pivot: 3,629
Resistance: 3,640 – 3,657 – 3,683
Support: 3,621 – 3,612 – 3,600
GOLD 1H CHART ROUTE MAP UPDATE Hey Everyone,
Great start to the week with our 1h chart idea playing out, as analysed.
We started with our Bullish target hit at 3593 followed with ema5 cross and lock opening 3613, which was hit perfectly. We then got a further ema5 cross and lock above 3613 opening 3638, also completed today - beautiful!!
We will now look for ema5 cross and lock above 3638 to open the range above or failure to lock above here will follow with a rejection into the lower Goldturns for support and bounce.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3593 - DONE
EMA5 CROSS AND LOCK ABOVE 3593 WILL OPEN THE FOLLOWING BULLISH TARGETS
3613 - DONE
EMA5 CROSS AND LOCK ABOVE 3613 WILL OPEN THE FOLLOWING BULLISH TARGET
3638 - DONE
EMA5 CROSS AND LOCK ABOVE 3638 WILL OPEN THE FOLLOWING BULLISH TARGET
3658
BEARISH TARGETS
3562
EMA5 CROSS AND LOCK BELOW 3562 WILL OPEN THE FOLLOWING BEARISH TARGET
3528
EMA5 CROSS AND LOCK BELOW 3528 WILL OPEN THE SWING RANGE
3492
3470
EMA5 CROSS AND LOCK BELOW 3470 WILL OPEN THE SECONDARY SWING RANGE
3438
3408
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Gold XAU$, 1M TF, 18/03/2023 and the Odyssey to $3600OANDA:XAUUSD The Gold Odyssey: From $1,983 to $3,600 and Beyond
Once upon a time on TradingView back on March 18, 2023 (1M TF), gold (XAUUSD) was trading at $1,983.68. That’s when the chart of destiny was drawn — A bull flag breakout projection 75.14% with a bold target of $3,600.
⏳ 2 years, 5 months, and 22 days later, the projection hit on 08/09/2025— the beautiful patience and the satisfaction of this hodl is overwhelming.
Back in Q1–Q2 of 2023, many traders like @day0 echoed the same view. This cart was posted on the TradingView Gold community room walls multiple time getting MODED🤑 which went on for months😉 "GOLD CARTEL"
The journey was both technical and emotional — the "disciples of the (HODL) discipline" brought satisfaction as the chart aligned with macro reality. While I did take 10% profit at \$3,600 for validation of this projection, well the narrative isn’t over — now the charts point toward $4,000.
📈 The Timeline of Gold’s Rally
🔹March 18, 2023 – The Trigger
Gold surged post the Silicon Valley Bank collapse and accelerated central bank buying, breaking decisively above $2,000/oz.
🔹 2024 – The Sustained Rally
Through persistent inflation, geopolitical flashpoints, and a weakening dollar, gold extended gains. By year-end, it reached around $2,690/oz (+31%).
🔹 April 2025 – Breaching History
Gold shattered the $3,500/oz barrier, fueled by " record central bank accumulation " 🪙 and " dollar fragility ", cementing its safe-haven role.
🔹 April 9, 2025 – The Spike
The biggest daily jump since 2023, a 3% surge driven by bond sell-offs and safe-haven demand.
🔹 September 8, 2025 – The Mark of $3,600
Gold reached fresh record highs at $3,526/oz, supported by a weakening dollar, dovish Fed expectations, and global instability. The climax: $3,600 achieved — bulls eye 🎯.
The Chart Came First (March 18, 2023)
Gold was trading at $1,983.
A bull flag breakout projection pointed to $3,600, based purely on technical structure — no headlines, no hindsight.
“Gold’s journey from $1,983 to $3,600 wasn’t foretold by headlines — it was written in the charts first.
Exactly — this is a textbook example of that famous trader’s maxim:
"Show me the charts, and I’ll tell you the news.”
(TA + Philosophy):
When I first charted gold at $1,983 in March 2023, the bull flag projected a trajectory toward $3,600. At that time, there was no Silicon Valley Bank collapse, no April 2025 breakout, no Fed policy pivot — just a chart whispering its truth. Fast-forward 2 years, 5 months, and 22 days, every piece of “news” that followed — inflation spikes, central bank hoarding, bond sell-offs, dollar weakness — merely played its role as fuel for a path the chart had already mapped. This is the essence of market psychology: technical encode the collective positioning and pressure before fundamentals are written into the headlines. The gold move isn’t just about price — it’s about patience, conviction, and the timeless charting.
"nerves of steel with a Rush of Gold✨"
💡 Reflection:
The gold chart wasn’t predicting the exact news events (SVB collapse, Fed stance, dollar weakness). Instead, it revealed the underlying accumulation and pressure that would need some catalyst to unlock — and when those catalysts arrived, price delivered.
So yes — this is a perfect case study of “show me the charts and I’ll tell you the news.”
Thanks for reading,
Thank you Trading View
🌟Note:
This was never just a chart — it was a story of patience, macro forces, and market psychology converging. From $1,983 to $3,600, the bull flag wasn’t just a pattern, it was a prophecy. Now, as gold eyes $4,000, the question isn’t "if", but "when"
Always DYOR,
Trade Safely
-See you on the other side-
-Jova A
THE KOG REPORTTHE KOG REPORT:
In last week’s KOG report we said we would be watching the open for a support level to form below and price to attempt the red box, which worked well. It’s that red box we said needed to be watched for the break, which if happened would see us attempt higher price starting with 3468 and above that 3485-90. Again, we broke, hit our targets on the chart and the red box targets early week.
We then released the NFP Report which gave the key level and the bias for the move. As you can see on that report, we managed to get almost a pip prefect move from the key level upside, nearly into the target level where we suggested the opportunity to short may come from this week
So, what can we expect in the week ahead?
For this week we have Cpi and PPi midweek so there is potential for this to either range up here, or, like we suggested in the NFP Report, a tap above and a move downside. What we would ideally like to see here is support attacked, defended, a move upside in to the 3606-10 region with extension into the 3620 level and a rejection from above. So, in this scenario, due to the stretch, we’re happy to test these levels with sensible risk but due to that stretch and the mean being way below, if we break above that 3620 level, we’re happy to let it go to where it wants before looking for a reversal.
We’re going to keep it simple, lets see how we open and then we’ll have a better idea of what to expect for the rest of the week.
As usual, we’ll update traders through the week with our plans and trades.
As always, trade safe.
KOG
How to Use Fibonacci Levels in Gold Trading. Best Ratios For XAU
I will teach you a simple but efficient way of using Fibonacci levels for Gold analysis.
You will learn the strongest Fib.retracement levels and a proven strategy for XAUUSD trading.
First, let me show you the most powerful Fibonacci retracement levels that you should use for trading Gold.
The most significant ones are: 382, 50, 618, 786.
To use these Fib.Retracement levels properly, you will need to find the strongest 3 impulse legs.
Please, note that you can execute Fibonacci analysis of Gold on any time frame, for the sake of the example, we will do that on a daily.
Here are 3 impulses that I found.
I was simply trying to identify the price waves with the strongest impact. I underlined them from their lows to their highs.
We will draw Fibonacci Retracement levels based on these 3 movements.
We plot Fib.Retracement of a bullish impulse from its low to its high.
We plot Fib.Retracement of a bearish impulse from its high to its low.
That is how it looks.
After that we will need to find a confluence - zones or levels where Fib.Retracement levels of different impulses match .
Such zones will be significant liquidity clusters where market participants will place huge volumes of trading orders.
The first 2 confluence zones that I spotted on a Gold chart will be specific. They are based on 1 and 0 Fib.Retracement levels that match.
These 2 areas are both completion and starting points of our impulse legs.
The fact that significant price movements completed and started after tests of these zones indicates their significance .
Confluence zones 3/4/5/6 are based on a convergence of at least 2 Fib.Retracement levels of different impulses.
Probabilities will be high that these zones will attract the market liquidity.
After we found all confluence zones, I recommend removing Fibonacci levels from the chart to keep it clean .
That is how our complete Fib.Analysis will look.
From these zones, we will look for trading opportunities.
The areas that are above current price levels will be significant supply areas , and we will look for sell signals from them.
The zones that are below Gold spot price will be demand areas. Chances will be high that a strong buying reaction will follow after their test.
Confluence zones that we spotted on Gold chart provide unique perspective. Integrating them in your XAUUSD analysis, you will increase the accuracy of your predictions and trading decisions.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Gold Bulls in Full ControlHi everyone, it’s Ken here!
XAUUSD is maintaining a strong uptrend, and based on my observation, the market is likely to continue moving toward the channel top marked on the chart.
The current zone plays a crucial role. It could act as a support level that allows price to bounce higher. However, if this zone breaks, a deeper corrective move may start to unfold.
While I lean toward the bullish scenario, actual price action will ultimately determine the next direction. A decisive break below the trendline would invalidate the bullish outlook and open the risk of a pause or even a short-term reversal.
This is only my personal view based on chart analysis, not financial advice.
Wishing you success!
Gold is set to rise above $3700!Gold has entered a corrective phase after printing a new high and is currently consolidating within a clearly defined channel.
The price is fluctuating inside this channel and may even test the lower boundary before continuing higher.
As long as gold remains within the channel, sideways to slightly downward movement can be expected in the short term.
A bullish breakout above the channel would likely act as a trigger for the next impulsive move, potentially leading to a new all-time high.
This week, the U.S. interest rate decision will be in the spotlight, which could significantly impact gold’s next move.
Wait for a confirmed breakout before entering long. Premature entries within the range may face choppy action.
XAUUSD – Gold Eyes 3,700 Psychological LevelThe latest data shows U.S. jobless claims reached 263k, much higher than the forecast of 235k. This immediately pressured the USD while boosting gold as a safe-haven asset. In addition, the University of Michigan’s preliminary report on consumer sentiment and inflation expectations came out relatively stable, further strengthening gold’s appeal.
Technical Outlook
On the 4H chart, XAUUSD continues to move within a clear uptrend channel. The Price Box around 3,620 is acting as short-term support, while the psychological resistance at 3,700 remains the key barrier. If price sustains its rebound from this box, a breakout toward 3,700 is highly likely.
With the current setup, the uptrend remains dominant, and traders should closely watch the 3,620 – 3,700 zone for opportunities.
Gold Ready for the Next RallyOver the past few sessions, I’ve observed gold consolidating within a Symmetrical Triangle after a strong bullish move. From my experience, this pattern often represents a “pause for breath” before the market resumes its primary trend.
What caught my attention most is that price has just broken above the upper boundary of the triangle, signaling a clear breakout. That said, I won’t be rushing into a trade. I always prioritize safety, so I’ll wait for price to retest the breakout zone. If the former resistance holds as new support and shows strong rejection, that will be my ideal entry point.
Based on my projection, the upside target for this setup is around 3,720 USD. For risk management, I would place the stoploss either below the lower boundary of the triangle or just under the breakout zone, depending on risk appetite.
On the H2 timeframe, this Symmetrical Triangle setup looks highly reliable since it aligns with the broader bullish trend. If the breakout holds, I believe gold still has plenty of room to climb higher.
#3,700.80 mark aheadQuick update: My practical suggestion to keep Buying every dip has proven to be excellent recently as wherever you Buy this market, you won't regret the decision. I repeat once again, do not Sell Gold on this market at all costs. I spotted decent opportunity as before to position myself on Long-term towards #3,700.80 as I Bought #3,618.80, #3,625.80 and #3,630.80 towards #3,700.80 benchmark / all orders running with Stop's on breakeven as I maintain my #3,700.80 benchmark Target. This will be excellent addition to my already made Profits from Buying Gold on the Short-term. Well done if you followed.
GOLD (4H) – Short from 3634 into 3614–3600 daily demand (major),
After a ~+300 pt, 3-week run, I’m looking for a corrective leg. The plan is to fade into the daily demand box and book most there, keeping a runner for a deeper flush.
Setup
Entry (sell limit/market): 3,634.2
Stop-loss: 3,666.0 (above supply sweep / top of red box)
Targets:
TP1 (major): 3,614 – top of the daily zone
TP2 (major): 3,600 – bottom of the daily zone (close bulk)
TP3 (aggressive): 3,504 – prior 4H pivot / extension
R/R (approx.)
Risk ≈ 32 pts (3666 – 3634)
To TP1: +20 pts ≈ 0.6R
To TP2: +34 pts ≈ 1.1R
To TP3: +130 pts ≈ 4.1R
Management
Move SL → BE after a clean 4H close ≤ 3614.
Trail above 15m LHs if momentum accelerates beyond 3600.
Invalidation: 4H close > 3666 cancels the idea.
Plan, not advice. Size small around news; I’ll take the majority of profits in 3614–3600 and reassess the reaction.
Gold price accumulates in uptrend above 3574⭐️GOLDEN INFORMATION:
Gold (XAU/USD) extends Thursday’s rebound, climbing past $3,650 in Friday’s Asian trade and staying close to this week’s record high. Weaker US jobs data overshadowed hotter inflation, reinforcing Fed rate-cut bets, pressuring the Dollar to its lowest since late July and lifting demand for the metal. Political unrest in France and Japan, persistent trade frictions, and rising geopolitical risks further support safe-haven flows. Despite overbought conditions and a risk-on mood in equities, Gold remains on track for a fourth straight weekly gain, with momentum favoring the upside.
⭐️Personal comments NOVA:
Gold prices continue to recover, accumulating in an uptrend. The market is still very excited because of the interest rate cut on September 17.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: 3674- 3676 SL 3681
TP1: $3666
TP2: $3650
TP3: $3640
🔥BUY GOLD zone: $3573-$3575 SL $3568
TP1: $3588
TP2: $3600
TP3: $3610
⭐️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