Daily double bottom on daily formed !Bullish momentum is rising again, showing that buyers are not yet ready to give up control
Gold Price has bounced from a key support zone around 3,900 and is now showing signs of recovery. The chart outlines three upside targets based on the breakout from a descending channel
First target near 4,050
Second target near 4,150
Final target around 4,250+
Trade ideas
XAUUSD Rangebound Currently XAUUSD Rangebound from 3980-4025 -zone. This Accumulation zone is more volatile as it ready for Implusive Repture.
What are my conditions For This setup?
- I'm expecting then buy trade once any candle closes above 3995 area & expecting the reversal move towards 4028- 4047 target .
Although I already took buy .
✳️Secondly if H4-H1 candle closes below 3980 our buying will be compromised & Market will fall to lower liquidity 3940-3925 zone .
Gold: Consolidation trend remains unbrokenGold has just tested the 4020-4030 resistance zone, only to pull back under pressure and retrace. This indicates that the resistance zone remains effective today. With the non-farm payroll data not being released, gold prices are expected to continue their sideways trend.
From the 4-hour chart perspective, focus on the short-term resistance at 4020-4030. The key pivot point for bull-bear dynamics lies at 4045-4055. For support levels, watch the short-term zone at 3960-3970, with critical attention on the previous low support at 3888-3890.
Our trading strategy, which was provided this morning, has already been validated by the market. We still recommend prioritizing short positions on rebounds for now, and caution against chasing the trend.
Gold (XAUUSD) – 6 Nov | Watching Supply 4030, Demand 3990 Zone🟡 Gold (XAUUSD) Analysis – 6 November
Hello Disciplined Traders,
Welcome to the Chart Is Mirror Community 👋
Market Context
• Gold continues to show bullish momentum after retesting the 3935–3915.6 demand zone .
• As per our yesterday’s analysis , we expected a retest of the 3942.5–3936.4 POI zone for a long setup, but the market did not retrace that deep.
• Instead, it formed a new support around 3956 and broke structure ( BoS ), confirming the M15 uptrend aligned with the H4 pullback phase .
• During the morning session, the market respected structure and resumed its bullish momentum from the 3967–3963 demand zone .
Key Observations
• There is a supply zone around 4022.5–4030.9 , aligned with the M15 major LH level , where potential rejection can occur.
• If the market respects this zone, we can plan a short setup with LTF confirmation targeting the 3990–3982.5 POI buy zone .
• For bullish continuation, our buying POI zone 3990–3982.5 remains valid — if respected with LTF bullish confirmation , we’ll plan our next long setup accordingly.
• If the market fails to hold this buy zone, it could retrace deeper to 3942.5–3936.4 , which will act as our next buy zone of interest .
Execution Plan
• Observe market reaction around 4022.5–4030.9 supply zone for short opportunities.
• Watch 3990–3982.5 for potential long setups with confirmation.
• If broken, the next key buy zone is 3942.5–3936.4 .
• No confirmation, no entry — let structure lead your participation.
Stillness between impulses defines precision.
📘 Shared by @ChartIsMirror
Elliott Wave Analysis – XAUUSD (Gold) | November 7, 2025
🔹 Momentum
D1 timeframe:
Daily momentum is turning upward, but just one more bullish candle will push it into the overbought zone. This suggests that the current upward move may not be sustainable, and a short-term correction could occur soon.
H4 timeframe:
H4 momentum is about to turn bullish from the oversold area. If this signal is confirmed, we can expect a short-term upward move. However, as the market is currently in a balanced state, even a small push from either buyers or sellers could shift momentum direction. Therefore, it’s better to observe carefully rather than act too early.
90M timeframe:
Momentum on the 90-minute chart is turning downward, indicating a possible short-term pullback before any further advance.
________________________________________
🔹 Wave Structure
D1 timeframe:
The ongoing rise in momentum indicates that wave X is still unfolding, meaning the corrective phase is not yet complete.
H4 timeframe:
Wave X is currently forming. The liquidity zone at 4028 remains a key level to watch.
If the price breaks above this zone, the next target will likely be the upper liquidity zone at 4070.
On the H4 chart, the green level around 4007 represents the highest-volume area, currently acting as a strong resistance.
Combined with the H4 bullish momentum reversal, it shows buying pressure exists, but the resistance remains heavy, making the 4007–4028 region a key battleground.
We should wait for a clear breakout before confirming the next direction.
90M timeframe:
• A triangle-like structure seems to be forming, but it’s not yet complete, so confirmation is needed.
• Waves a and b appear finished; the market may now be forming wave c (black) or wave d (black).
• Since H4 momentum is turning bullish, if the price breaks above 4012, it will likely confirm wave c continuation.
• Conversely, if the price drops toward 3950, completing a three-wave WXY (blue) structure, we can consider it wave d instead.
Currently, wave c (black) is temporarily labeled since the structure already shows three subwaves completed.
Therefore, I expect a decline toward 3950, where we can look for a short-term buy setup.
________________________________________
🎯 Trade Plan
• Buy Zone: 3952 – 3950
• Stoploss: 3935
• TP1: 3980
• TP2: 4000
Gold consolidates near 4000 as market awaits breakout1️⃣ Market Overview:
Gold (XAU/USD) climbed to $4008 earlier but was quickly sold off back to $3990, showing a strong tug-of-war between buyers and sellers.
Currently trading around $3998–$4002, the market remains in a tight consolidation phase ahead of potential volatility in the U.S. session.
The USD remains steady, while U.S. bond yields stay elevated — both limiting gold’s short-term upside momentum.
2️⃣ Technical Analysis:
• Resistance: $4008 – $4015 – $4025
• Support: $3990 – $3985 – $3972
• EMA50 (H1): around $3996 → acting as short-term dynamic support.
• RSI (H1): neutral near 50 → market still awaiting a decisive signal.
• Multiple spinning top candles on H1 indicate accumulation and indecision.
3️⃣ Outlook:
Gold continues to move sideways between $3990–$4010, showing price compression before a breakout.
If H1 closes above $4015, the bullish momentum could extend toward $4025–$4040.
However, a drop below $3988 could trigger another correction toward $3975.
4️⃣ Trading Strategy:
🔻 SELL XAU/USD
Entry: $4008 – $4012
🎯 TP: 40 / 80 / 200 pips
🛑 SL: $4016
🔺 BUY XAU/USD
Entry: $3975 – $3977
🎯 TP: 40 / 80 / 200 pips
🛑 SL: $3971
Gold has corrected about 10% from its recent highGold has corrected about 10% from its recent high after a strong rally earlier this year.
However, the long-term trend remains bullish, suggesting that the market may move sideways for a while to consolidate before the next upward leg begins.
In the short term, gold still has room for a technical rebound, with key resistance levels at
$4,080 / $4,135 / $4,190 per ounce.
If prices drop below $3,900, investors should be cautious —
a deeper correction could follow, potentially testing the next major support zone near $3,550–$3,600.
“Gold remains in a long-term uptrend. This pullback may simply be a pause — not the end of the rally.”
XAU/USD Technical Analysis – Bearish Rejection at ResistanceXAU/USD) is currently trading around the $4,009 level after rebounding from a recent intraday low. The price action shows a clear rising channel structure, with the upper boundary acting as a significant resistance zone near $4,040 – $4,050.
The chart highlights a resistance level where price has repeatedly failed to sustain upward momentum, indicating a potential double-top or distribution pattern forming in this area.
If price fails to break and hold above the $4,020 – $4,040 resistance zone, bearish momentum may resume, potentially pushing gold toward the $3,950 area initially, followed by a deeper correction to the target level near $3,913.
Conversely, a decisive breakout and close above $4,050 could invalidate the bearish outlook, opening the way for further bullish continuation.
Key Levels:
Resistance Zone: $4,020 – $4,050
Immediate Support: $3,990
Target Level: $3,913
Trend Bias: Short-term bearish under resistance
Conclusion:
Gold is approaching a critical resistance area, and a rejection could confirm a short-term bearish reversal pattern. Traders should watch for confirmation near $4,020–$4,040 for potential short entries targeting $3,913. CME_MINI:NQ1! CME_MINI:MNQ1! CME_MINI:ES1! CME_MINI:MES1! COMEX_MINI:MGC1! CBOT_MINI:YM1! NYMEX:CL1! CME:BTC1! COMEX:SI1! NSEIX:NIFTY1! CME_MINI:RTY1!
XAUUSD is on Rangebound currently market is bullish biased and Rangebound from 3995-4040 -zone.
Although it's upside at 3998 was to quick.
What are my conditions For This setup?
- I'm waiting for buy from 3990-3980 area & expecting the reversal move towards 4028- 4047 target although currently I took bu6 from 3995-3990 area and holding till my Targets
- Second if H1-H4 candle closes above 4045 area I will straight Buy and target 4070-4090 .
✳️Secondly if H4-H1 candle closes below 3975-3970 our buying will be compromised
Gold Rejection at Resistance – Bearish Channel Targeting 3930📉 Analysis:
The chart shows a clear shift from an uptrend into a bearish correctional channel:
1. Uptrend Broken
Price previously followed a clean uptrend channel, making BOS (Break of Structure) swings upward.
A ChoCH (Change of Character) occurred, confirming momentum weakening.
2. Strong Resistance Zone
Price entered the 4018–4030 resistance level, marked as a weak high.
This zone acted as a reaction area, causing multiple rejections.
3. Bearish Channel Formation
After hitting resistance, price began forming lower highs and lower lows inside a falling channel.
The rejection line confirms sellers defending the zone.
4. Expected Bearish Leg
The projected path shows consolidation inside the channel followed by a sharp downward impulsive move.
Clean liquidity below supports the bearish scenario.
5. Targets
Major target: 3930
(Highlighted as the trader's target and matches channel support + demand zone.)
📌 Summary
Gold is rejecting the 4020–4030 resistance and forming a bearish channel. A continuation downward toward 3930 remains likely unless price breaks above the resistance with strong momentum.
GOLD BIG FALLPreferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas.
With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis.
And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message.
Enjoy Trading ;)
Gold – Technical Outlook🔴 Bearish Scenario (Downtrend)
Pivot Level: 4000
If price trades below 4000, continuation to the downside is expected.
🎯 First target: 3930 (support zone)
If 3930 breaks → full bearish extension towards:
🎯 Next targets: 3895 – 3865
🟢 Bullish Scenario (Uptrend)
If price breaks and holds above 4000, upside momentum will strengthen.
🎯 First target: 4030 (resistance zone)
If 4030 breaks and holds on the 1H or 4H timeframe → strong bullish continuation towards:
🎯 Next targets: 4081 – 4133
GOLD Is Going Up! Long!
Take a look at our analysis for GOLD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 4,007.16.
Considering the today's price action, probabilities will be high to see a movement to 4,053.41.
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!
GOLD Buyers In Panic! SELL!
My dear friends,
GOLD looks like it will make a good move, and here are the details:
The market is trading on 3999.2 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 3985.2
Recommended Stop Loss - 4007.7
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
Technical analysis for Gold (XAU/USD, 30-minute chart) 🔹 Chart Structure Overview
The chart shows a Bearish Gartley Harmonic Pattern formation.
• The pattern is complete near the 0.786 retracement level (~$4040–$4055 zone).
• The final leg (D) has just completed, and price has reached the potential reversal zone (PRZ), confirming bearish reversal probability.
Target Level
Fibonacci Level Approx. Price Commentary
T1 - 0.618 retracement 3920–3940
Minor support; short-term profit-booking likely.
T2 1.0 projection 3820–3840
Key swing target; aligns with mid-March support.
T3 (Final) 1.618 extension ~3900
🔹 Summary
• Pattern: Bearish Gartley
• Current Zone: PRZ completed, reversal probable
• Confirmation: Await break below 3980
• Bias: Bearish
• Target: 3900
• Probability: High (pattern + divergence + volume confluence)
Disclaimer:
This analysis is for educational purposes only and not financial advice. Always verify with your own strategy and risk parameters before taking any position.
XAUUSD-Setup Currently holding short-term buy positions as price continues to respect the ascending structure and maintain support above the recent consolidation zone. My plan is to scale in with additional buy positions upon a clean break and retest of the most recent resistance level, confirming bullish continuation.
If bullish momentum sustains, I’m targeting the 4500 region as the next major upside objective, followed by a potential extension toward 5000.
I will continue to monitor structural changes and adjust positions accordingly.






















