Gold Market Analysis and Trading Strategy:Gold Market Analysis and Trading Strategy:
Technical Analysis: Gold is currently facing short-term pressure, and key price levels need to be monitored. Gold prices are currently in a consolidation phase.
Resistance Levels: $4030-$4050 and $4088 are key short-term resistance levels.
If gold prices fail to break through these resistance levels, the downside risk is significant.
Support Levels: Initial support is around $3960, with a more significant support zone in the $3800-$3700 area.
A break below these key support levels could trigger a deeper trend correction.
Trading Strategy: In the current volatile market, patience is advised. Avoid blindly chasing highs and lows.
Day Traders: Consider establishing a small short position near the $4030-$4050 resistance zone, with a stop-loss above $4070 and a target price of $3980-$3960.
Conversely, if gold prices fall back and stabilize around $3960-$3970, a small position can be established to profit from the rebound, but a strict stop-loss order must be set.
Current Trading Strategy:
Buy Price: $3970-$3980
Stop-Loss Price: $3950
Take-Profit Price: $4030-$4050-$4075
Trade ideas
Gold on Intra-day Selling pressureTechnical analysis: Sellers still haven’t missed their estimate as Gold aggressively invalidated #4,000.80 benchmark on multiple occasions (posing as an hard Support zone), due geo-political tensions as a strong catalyst which is putting DX in High demand on Weekly interval. Environment and general market sentiment remains however Gold friendly (about to engage relief rally) due to the Supply-Demand mechanism. DX and Gold are still diagonally correlated, their charts are again on Positive-Negative match which is elemental sign of correlation. This suggests that DX tested its multi-Month Resistance zone, and Gold is under mild Selling pressure. This doesn't affect my local Low’s Buying strategy even though Gold is isolated within Hourly 4 chart healthy Descending Channel that by my estimations will sustain according to all accounts and there are no signs of a rebound yet (it is a reversal pattern most of the times). Weekly chart was Trading near strong Support belt which was aggressively corrected Intra-day so I will not make a strategy shift and will trust my Medium to Long-term Bull model as long as Buying spree on Gold lasts. I have to be excessively careful with today's session as it represents crossroads for the Short-term.
My position: I have Sold Bought Gold throughout yesterday's session from #3,998.80 especially towards #4,008.80 (aggressive Scalps) and called it for the session. Gold delivered significant Intra-day losses on Asian session and turned timefrimes to Bearish territory. Today is Intra-day Sell session and will continue Selling Gold from my key entry points.
Gold Symmetrical Triangle BreakoutHello friends, further sideways movement continues as anticipated.
However, we might see a bullish weekly candle in the coming week(s) as price intends to push higher but most likely not before clearing the liquidities it has recently left behind to the Demand level, which is the extreme low of this whole move, annotated in the chart.
Then, we can anticipate a bullish spool to take the Buy-side liquidities at this week's candle's high.
Furthermore, possibilities of spiralling up to the Daily bearish OB is also very open for price to mitigate.
Overall, it is important to take note of the direction price breaks out and trade accordingly.
Have a profitable week!
xAU-USDHourly time frame is very volatile 📊
Because above it has an important resistance at $4,000
And below we have the intersection of two important supports at $3,950 🚨
We must wait for a breakdown and confirmation
If it breaks up, the target will be $4,120🔼🔼
And if it breaks down, the target will be $3,900
Gold – Dancing Around $4000, Where Next?Gold prices may have stabilised after their sharp correction from an all-time high at 4381 on October 20th to a low of 3887 on October 28th, however traders still bear the scars from that excessive and volatile move which has left the popular metal dancing in a 3% range either side of 4000.
Judging where Gold prices may move next has become more challenging with Federal Reserve policymakers trying to cool market expectations of a further interest rate cut at their next meeting in December. As a general rule, lower interest rates can help support Gold prices as it is a non-yielding asset.
Not only that, but this changing outlook from the Fed has also seen the US dollar move up to its highest level for 3 months, which has further weighed on Gold prices, as it makes the safe haven asset, which is priced in dollars, more expensive to global investors.
However, many of the drivers that attracted traders to add Gold to their portfolios remain, such as geo-political risks in Ukraine, credit risk and uncertainty regarding the direction of global economic growth.
In this type of environment paying attention to the technical outlook can be just as important as staying appraised of macro headline risk.
Technical Update: Does 3915 Mark the Extent of Corrective Moves?
Gold has corrected over 11.25% from its October 20th all-time high into last Tuesday’s October 28th session low, unwinding the possible over-extended upside conditions that built during the sharp August 20th to October 20th price advance.
The key dilemma for traders now is whether the recent weakness marks a healthy market correction or suggests a deeper shift in sentiment. If it’s the former, we could see renewed buying interest and a resumption of the broader uptrend. However, if it’s the latter, risks may lead to a further phase of price weakness.
While the next directional theme for Gold remains uncertain, technical analysis can offer potential clues. By identifying key support and resistance levels, traders can anticipate where directional risks may emerge, especially if those levels break on a closing basis. A breach of support may signal deeper corrective risk, while a close above resistance could resume positive momentum.
Potential Resistance Levels:
Gold’s 11.25% decline from the October 20th high appears to have found support at 3,915, the 61.8% Fibonacci retracement of the September 18th to October 20th advance. Price action has since stabilised around this level, suggesting potential for attempts to renew upside.
Traders may now shift focus to key resistance levels, with closing breaks above those levels needed to indicate further price strength.
With upside developing following tests of the 3915-retracement support, traders could now be monitoring the 4076 level, which is the 38.2% Fibonacci retracement of the October price weakness. Successful closing breaks above 4076 could result in tests of 4134, the 50% level, even 4192, the higher 61.8% retracement.
Potential Support Levels:
As suggested above, with the latest phase of price weakness being held by the 3915 retracement levels, traders will likely be monitoring this as the first possible support. Closing breaks under this level could be a catalyst for continued price declines.
Such moves while not a guarantee of a phase of further price weakness, could open tests of 3819, the October 2nd session low, even 3717, which is the September 24th downside extreme.
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SMART MONEY CONCEPT (SMC)Bullish Analysis Breakdown – XAU/USD (15M)
🧠 Market Structure
The market shows a clear shift in structure: after a long bearish move, we see a Break of Structure (BOS) followed by a Change of Character (CHOCH) — signaling the potential start of a bullish phase.
The fake-out under the support zone confirms the presence of Sell-Side Liquidity, which was later absorbed before price began its bullish reversal.
🧩 Confluences
• FVG 1H: Excellent multi-timeframe confluence — the fake-out happens exactly inside a 1-hour Fair Value Gap, showing institutional mitigation.
• OB 5M + Support Zone: Your entry (Buy 3,970) is positioned right inside the 5M Order Block and support zone — ideal area for bullish rejection.
• BOS + Fake Out + Rejection: The three elements align perfectly, creating a Smart Money-style setup.
🎯 Trade Plan
• Buy: 3,970
• Stop Loss: 3,959
• Take Profit 1: 4,000
• Take Profit 2: 4,015
• Risk/Reward Ratio: 1:3.88
The stop loss is safely below liquidity, while TP1 and TP2 are placed near psychological and liquidity targets — clean and strategic.
💬 Conclusion
This is a well-structured institutional setup with clear logic, discipline, and professional presentation. GOOD LUCK TRADERS 🦾😎☝🏻
“Patience and structure build consistency.”
Gold Montly Overview and PlansGold closed October with a bullish hammer and notable volume, signaling a potential reversal and clear rejection above the 4500 level
Could Gold be looking to build value within the 3500–4000 zone? Very possible; which would be both healthy and expected in a macro uptrend.
I’m looking for a swing long upon a sweep of the quarterly open combined with the daily 50 EMA. Invalidation sits at the low of the daily bullish order block and target would be the daily Bear FVG.
As of now, 4H structure remains bearish while price continues to respect the 4H bearish order block and we are compressing within the EMAs. Price has been around the 4H MSB but still has not printed a strong Break of Structure Candle to confirm a shift.
This swing long thesis fails if price takes liquidity to the upside first.
Even though I'm bullish on gold overall, I’m leaning toward a bearish close for November given that October's close is a key reversal signal in my system. Still, I expect at least the daily Bear FVG to be filled, as wicks tend to get filled toward the 50% region, especially when considering the monthly wick. Historically, November tends to favor bullishness, but here I'm speaking strictly from a structure and price-action perspective.
GOLD Is Very Bullish! Buy!
Here is our detailed technical review for GOLD.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 3,965.68.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 3,993.60 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
The correction is over; buy gold on pullbacks.#XAUUSD TVC:GOLD OANDA:XAUUSD
With the White House website indicating the ongoing US government shutdown, the normal release of key data such as ADP and NFP may be affected. The news briefly boosted gold prices, leading to a technical rebound in Asian trading.
From the daily chart, the short-term resistance is still around 3980-4000, which is also where the 4H middle line is located. For the bulls to make a full comeback, they need to break through this resistance range and hold above 4000. The current slow and volatile upward trend in gold prices indicates that the bulls still have room to maneuver. In the short term, one can try to continue to be bullish on gold by using the middle line of the hourly chart as a defense. Conservative traders can wait for a pullback to 3970-3955 to try to go long on gold.
Will price reach $3 704 this month? TVC:GOLD price has recently formed a descending Triangle on the H4 time frame and price overall is now bearish. And once we break the $3890 level it's high probability that price will reach the $3 704 zone. But the main question is when? Feel free drop your ideas on price action, on the comment session below.
Possible BUY Opportunity for NovemberReason for Buy
- Fed Rate is weak for USD
- Price action is already forming higher highs
- wait for price to pullback from 4126 to 4043
- then enter buy
Other Scenario:
- on monday price may pullback further
- will go sideways on 3972 - 4044 range
- or trace liquidity beyond 3916
DO NOT TRADE WITHOUT PROPER CONFIRMATION
XAUUSD: Market Analysis and Strategy for November 5thGold Technical Analysis:
Daily Resistance: 4080, Support: 3890.
4-Hour Resistance: 4035, Support: 3930.
1-Hour Resistance: 4000, Support: 3960.
The bullish outlook over the long term remains intact, but market correction and consolidation are warranted. The daily candlestick chart shows a slowing decline in spot gold, with the price entering a range-bound consolidation. Multiple moving averages above are hindering any short-term rebound. Watch for MACD/KDJ indicator corrections. Resistance levels to watch are around 4000 and 4030 respectively. The short-term downside risk is relatively high.
Based on the 1-hour candlestick chart, spot gold is in a rebound phase with a potential for continuation. The bottom on the 1-hour chart is gradually moving upwards, the trading range is narrowing, and the Bollinger Bands are converging. Support levels to watch are around 3955/3945. Short-term market momentum is weak; a strategy of buying low and selling high is recommended.
Trading Strategy:
SELL: 3993~4000 (near)
BUY: 3945~3940 (near)
GOLD: First, it needs to rebound to around 4000, then sell.Gold's wide-range fluctuation cycle is expected to continue, with the daily chart showing cyclical ups and downs. Prices are adjusting around the RSI indicator's midline, and the 10-day and 7-day moving averages are closely aligned, currently near the 5-day moving average. The 4-hour chart shows the Bollinger Bands narrowing, with prices consolidating within the lower half of the band. The hourly RSI indicator is consolidating around 50. Gold is expected to maintain a wide range of fluctuations, and the larger-cycle downward correction is not yet over.
Gold rebounded yesterday during the US session, reaching a high near 3990. This rebound has brought the price back into the trading range, but it doesn't negate our strategy of selling on rallies. Gold is currently under pressure below the 4000 level, with short-term bears holding the upper hand. The 4000 level has become a key dividing line between bulls and bears; as long as it is not broken, the downtrend will continue.
The 1-hour chart for gold remains in a weak, oscillating pattern. The current market is characterized by large swings, but no clear trend. Yesterday's ADP report did not cause significant volatility in gold, so we expect continued consolidation. We will sell at resistance levels.
Key Levels:
First Support: 3958, Second Support: 3930, Third Support: 3912
First Resistance: 3988, Second Resistance: 4005, Third Resistance: 4028
Gold Intraday Trading Strategy:
Buy: 3925-3930, SL: 3915, TP: 3950-3960;
Sell: 4000-4005, SL: 4015, TP: 3980-3970;
More Analysis →
What will happen to gold on November 3rd?
I. Market Analysis
Trend Structure
Weekly Chart: Price is below the 5-week moving average, with the MACD showing a bearish crossover. Bearish forces dominate in the near term. However, the long-term ascending trendline support is near $3900. The long-term trend remains cautiously bullish as long as this level holds decisively.
Daily Chart: Moving averages are in a bearish alignment, and the Bollinger Bands are expanding downward, with price pressured near the middle/lower band. Key resistance is at 4046. Support is focused in the 3972-3950 zone. A break below 3972 could lead to a further decline towards 3950-3900.
Key Support & Resistance Levels
Resistance Zone: 4010 (Weakness Boundary) → 4023-4035 (Core Short Area) → 4047-4055 (Strong Resistance).
Support Zone: 3980 (Initial Support) → 3950-3955 (Long Area) → 3915-3885 (Deep Correction Target).
II. Trading Strategy
Core Idea: Prioritize selling on rallies, with opportunistic buying near key support levels. Strict risk control is essential.
Short Strategy (Primary)
Entry Zone: Enter short positions in batches between 4030-4035. Consider adding to shorts if price reaches 4047-4055.
Stop Loss: Above 4040-4060 (Adjust flexibly between 8-10 pips based on position size).
Targets: First target 3980, Second target 3960-3950 (Hold if broken).
Long Strategy (Secondary)
Entry Condition: Consider light long positions upon stabilization in the 3950-3955 zone after a pullback.
Stop Loss: Below 3940 (8-10 pips).
Targets: First target 3980-4000, Second target 4010 (Follow up if broken).
III. Risk Control Essentials
Position Management: Single trade position ≤ 5% of capital. Avoid heavy positions.
Stop-Loss Discipline: Strictly place stops for shorts above 4060 and for longs below 3940.
Contingency Alert: Monitor the US Dollar Index, Fed policy动向, and geopolitical risks closely. Adjust strategies promptly if key levels are breached.
IV. Summary
Gold's short-term technical posture is bearish, but the long-term trend requires monitoring the effectiveness of the 3900 support.
If price rallies and faces resistance in the 4030-4055 zone next Monday, prioritize short entries.
If price pulls back and stabilizes near 3950, consider light long positions for a bounce.
If price strongly breaks above 4060 or below 3940, a reassessment of the trend will be necessary.






















