Gold Weekly Outlook | NFP Week – September 1–5, 2025Hello traders,
We enter September with gold consolidating right below the premium supply 3460–3500. This week brings heavy USD events, including NFP, which makes EMAs and structural demand zones critical guides for price reaction.
🔹 Weekly Structural + EMA Confluence
Supply 3460–3500 → premium supply + liquidity pool, decisive resistance.
Demand 3360–3340 → shallow demand, first cushion.
Demand 3280–3250 → stronger accumulation zone, aligning closely with EMA 21 (~3222) = high confluence.
Demand 2850–2800 → deeper demand, above EMA 50 (~3002) as secondary anchor.
EMA 100 (~2605) & EMA 200 (~2230) → far below, ultimate long-term supports.
🔹 Key USD News (Sept 1–5)
Tue → ISM Manufacturing PMI & Prices
Wed → JOLTS Job Openings
Thu → ADP Employment, Unemployment Claims, ISM Services PMI
Fri → NFP, Unemployment Rate, Hourly Earnings
💡 Expect traps/liquidity sweeps before Friday → real move likely sets in post-NFP.
🔹 Weekly Progression Map
Bullish:
Break & close above 3460–3500 → upside to 3550–3575, then 3600–3620.
As long as price rides EMA 5, bulls keep control.
Bearish:
Rejection at 3460–3500 → pullback into 3360–3340.
If broken → retest 3280–3250 demand + EMA 21 confluence.
If 3250 fails → extended retracement into 2850 demand + EMA 50 (3002).
🔹 Weekly Bias
Bullish → above 3340, especially if EMA 5 keeps supporting.
Neutral → ranging between 3460 and 3340 (likely pre-NFP).
Bearish shift → only if W1 closes under 3250, opening path to 3000–2850.
🔹 Conclusion
This week’s battle is between 3460–3500 supply and 3340–3250 demand (EMA 21 confluence).
Breakout → upside 3550–3620.
Rejection → pullback into EMA supports.
NFP on Friday will likely decide the final weekly close.
✨ What’s your view for gold this NFP week? Drop your thoughts below 👇
Don’t forget to🚀🚀🚀and follow GoldFxMinds for daily precision plans & sniper entry maps — let’s grow the community together 🚀📈
GOLDMINI trade ideas
#3,400.80 benchmark delivered as expectedAs discussed throughout my yesterday's session commentary: "My position: I have turned to Buying and will Buy every Low's on Gold towards #3,400.80 benchmark."
Technical analysis: As expected #3,400.80 benchmark I announced is delivered and Gold is close to the important #3,400.80 - #3,402.80 Hourly 1 chart's local Resistance zone test (Xau-Usd Spot), as all correlating instruments (Bond Yields on a red Daily candle, Stock markets reversing again despite Friday’s late session upside sequence, DX corrected and is Trading near its Weekly (#1W) chart's Support) showcases a Bullish sentiment to Gold. Even though my Short-term outlook remains Bearish (Target is #3,352.80 with an extension to #3,377.80 Support) based on fractal analysis of candles, Volume and Technical instruments with the cycle / period May - September #2019 - I am expecting a Short-term pullback towards the Hourly 4 Support zone first now as #3,400.80 mark is achieved as the Hourly setting is Overbought approaching the levels of January #3rd. I am looking closely at today's U.S. data to monitor DX movements.
My position: I am well aware that Fundamentally Gold is critically Bullish however Gold is soaring aggressively since #3,327.80 local Bottom and #3,400.80 is achieved / Gold may be timed for downswing. However if #3,402.80 - #3,406.80 Resistance zone in extension is invalidated and Gold closes the market above, record High's are once again in sight. I made quick buck this morning Selling #3,398.80 with my set of Scalp orders delivering excellent Profit and will Trade the break-out. #3,388.80 - #3,392.80 to the downside or #3,402.80 - #3,306.80 to the upside.
Gold Analysis – August 31, 2025For almost three weeks we’ve been tracking Gold step by step, starting from the 3310 – 3320 zone, where our long-term orders were triggered.
✅ Last week our second target was reached, and price even closed above it – a strong sign that buyers are determined to push Gold into the 3500 channel.
🎯 Our third target stands at 3490, and I expect this could be achieved by Wednesday – that’s nearly 1700 pips profit in less than 10 days.
The best trades are those that hit take profit quickly, avoiding prolonged sideways action.
📌 For this week, I still find the 3385 – 3395 zone attractive for entries. If price dips back into this area before reaching 3490, it would provide an even more favorable setup.
GOLD A Fall Expected! SELL!
My dear subscribers,
GOLD looks like it will make a good move, and here are the details:
The market is trading on 3378.7 pivot level.
Bias - Bearish
My Stop Loss - 3383.2
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 3370.7
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
XAUUSD (8H) – Testing Long-Term Resistance | MAJOR BOUNCEFOREXCOM:XAUUSD
ChatGPT said:
Got it, Yash ✅ This XAUUSD (Gold) chart is very clear — price reached a long-term resistance trendline, and now we’re in a possible pullback & retest scenario. Let’s frame it in both formats:
📊 TradingView Version (Professional & Clean)
XAUUSD (8H) – Testing Long-Term Resistance 📈
Structure | Trend | Key Reaction Zones
Gold rallied strongly from the 3,300 demand base, breaking through multiple resistance levels. Now, price is testing the long-term resistance trendline near 3,490. A pullback into support at 3,440–3,408 is possible before continuation.
Market Overview
After a correction phase, buyers defended the 3,300–3,322 zone strongly and pushed price back into bullish momentum. Current positioning shows potential exhaustion at the resistance trendline, but if buyers sustain momentum above 3,440, continuation toward higher levels remains likely.
Key Scenarios
✅ Bullish Case 🚀 →
🎯 Target 1: 3,490
🎯 Target 2: 3,520+
❌ Bearish Case 📉 →
🎯 Downside Target 1: 3,440
🎯 Downside Target 2: 3,408
🎯 Extended: 3,360 if sellers gain momentum
Current Levels to Watch
Resistance 🔴: 3,490 – 3,520
Support 🟢: 3,440 – 3,408 – 3,360
⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.
Closing my Buys with excellent ProfitAs discussed throughout my yesterday's session commentary: "My position: I am well aware that Fundamentally Gold is critically Bullish however Gold is soaring aggressively since #3,327.80 local Bottom and #3,400.80 is achieved / Gold may be timed for downswing. However if #3,402.80 - #3,406.80 Resistance zone in extension is invalidated and Gold closes the market above, record High's are once again in sight. I made quick buck this morning Selling #3,398.80 with my set of Scalp orders delivering excellent Profit and will Trade the break-out. #3,388.80 - #3,392.80 to the downside or #3,402.80 - #3,306.80 to the upside"
I have started Buying Gold much earlier than #3,400.80 break-out I expected as DX continued it's Selling sequence. I have engaged two separated Buying orders with #3,393.80 and #3,395.80 entry points however I have closed my Buys much earlier than expected on #3,405.80 only, however satisfied with Profits. I have waited for #3,423.80 reversal point where I intended to re-Sell Gold with #3,427.80 Stop-loss, that plan went well. I have engaged two separate Selling orders with #3,422.80 entry points, one I have closed on #3,416.80 before market closing and second order I have kept with Stop on breakeven, Targeting #3,410.80 which was hit over-night. I have completed my Weekly Profit Target and will comfortably remain on sidelines / taking early weekend break.
My position: For those who decide to Trade today, Gold closed the market above #3,400.80 benchmark, restoring Bullish Short-term trend. However consolidation Rectangle is formed and Price-action can Trade within it (#3,402.80 - #3,415.80) without major movements. Weekly closing on main stage which will share more light for early next week's candles. Keep in mind that Gold delivered Golden Cross on Hourly 4 chart however also is timed for Short-term correction to the downside.
GOLD DAILY CHART ROUTE MAPDaily Chart Update
Range Still in Control: Push Toward Resistance
Nothing has changed from last week’s update, price remains firmly trapped within the 3272–3433 range. The structure continues to hold, but last week we did start to see momentum push higher, with the market leaning toward another test of the 3433 ceiling.
Current Outlook
🔹 Range Still Active
Price continues to respect the 3272–3433 boundaries. Until we get a decisive break and hold, the range remains the play.
🔹 Upside Pressure Building
While still contained, price action is beginning to tilt upward, targeting a fresh challenge of 3433.
🔹 Support Holding Firm
3272 remains intact as the key floor. As long as this level holds, the bias within the range stays neutral-to-bullish.
Updated Key Levels
📉 Support – 3272
Still the pivotal buy zone. A breakdown would change the picture, but for now, it’s secure.
📈 Resistance – 3433
The critical ceiling remains. Bulls are pressing for another retest; only a break and hold above will shift market dynamics.
Thanks as always for your support,
Mr Gold
GoldViewFX
H4 Outlook – Gold (XAUUSD) September 2025Hello traders,
Gold is pressing into premium territory, with sellers attempting to defend supply while a cluster of EMAs builds strong confluence below. Let’s refine the H4 battle map 👇
🔹 H4 Structural Zones
Short-Term Supply (3450–3470) → wick rejection zone, first intraday resistance.
Liquidity Magnet (3485–3500) → psychological round number + liquidity pool above highs.
Decision Demand (3420–3400) → first intraday support, aligned with EMA 21 (3404).
Mid-Term Demand (3380–3360) → valid OB + confluence with EMA 50 (3370), EMA 100 (3363), and EMA 200 (3357). This is the strongest support cluster.
Liquidity Sweep Zone (3320–3300) → inducement pocket if deeper retracement occurs.
🔹 EMA Confluence (H4)
EMA 5 → 3432 (guiding immediate momentum).
EMA 21 → 3404 (Decision Demand).
EMA 50 → 3370 (part of Mid-Term Demand).
EMA 100 → 3363 (inside Mid-Term Demand).
EMA 200 → 3357 (base of Mid-Term Demand).
💡 All three mid/long EMAs overlap between 3370–3357, making 3380–3360 a critical demand block.
🔹 Fibonacci Extensions
1.0 = 3480 → inside Liquidity Magnet.
1.272 = 3520–3530 → bullish expansion target.
1.618 = 3600–3620 → extended projection if bullish momentum holds.
🔹 Scenarios
Bullish:
Hold above 3420–3400 (Decision Demand) keeps flow bullish.
Break 3470 → run into Liquidity Magnet (3485–3500).
Above 3500 → Fibo extensions at 3520–3530 then 3600+.
Bearish:
Rejection from 3450–3470 → pullback to Decision Demand (3420–3400).
Break below → direct move into Mid-Term Demand (3380–3360, EMA cluster).
If that fails → liquidity sweep at 3320–3300.
✨🔹 H4 Bias
Bullish → while holding above 3400.
Neutral → ranging between 3450–3470 supply and 3400 demand.
Bearish → only if 3360 breaks, exposing 3320 liquidity.
My preferred bias is bullish, as long as 3400 holds. Gold is pressing into supply, and a sweep of the liquidity magnet at 3500 looks likely. A bearish shift only comes if 3360 breaks.Summary: On H4, gold is capped by 3450–3470 but strongly supported at 3380–3360, where three EMAs converge. 3500 remains the liquidity magnet, with Fibo extensions at 3520 and 3600.
✨ Stay sharp — gold is sitting between heavy supply above and strong EMA confluence demand below. Patience is key here, wait for confirmations before engaging.
What’s your view on gold’s next move? 👇
Drop a comment and don’t forget to like and follow GoldFxMinds for daily outlooks and precision sniper-entry plans 🚀📈
XAUUSD (15M) – Dual Buying Scenarios |Structure | Trend | Key Reaction Zones
FOREXCOM:XAUUSD
Market moved from displacement → accumulation → CHoCH confirmation.
Now retracing into demand zone (3367–3363) where buyers may step in.
Next liquidity area rests near 3378–3380 Buy Side Liquidity.
🟢 Buying Case 1 – Conservative Entry (Safer)
Wait for price to stabilize and confirm support around 3367.
Entry after bullish candle confirmation.
🎯 Target 1: 3375
🎯 Target 2: 3378–3380
🟢 Buying Case 2 – Aggressive Entry (Risky but Higher R:R)
Enter directly on wick rejection or displacement bounce near 3363–3360 pending order zone.
Stop-loss below 3359.
🎯 Target 1: 3375
🎯 Target 2: 3378–3380
Current Levels to Watch
Support Zones: 3367–3363, 3360
Resistance Zones: 3375, 3380
⚠️ Disclaimer: This analysis is for educational purposes only, not financial advice.
GOLD 4H — CPI day. Keeping it simple.
I’m leaning bullish into CPI. If the number comes in hotter, gold usually gets an “inflation hedge” bid. No indicators, just clean levels from the chart.
Levels I care about
3450–3460: big target/resistance
3379: pivot — above it, buyers in control
3353: minor support
3317: demand / last higher low
3292: hard invalidation
How I’ll trade it
Plan A (shallow dip): If after the print price reclaims 3379 and holds on 15–30m, I’ll look long.
Stop: ~3351
Targets: 3450 first, then 3460 if momentum sticks.
Plan B (deeper sweep): If CPI first flushes into 3317 ±10 and we see a sharp rejection + higher low on LTF, I’ll buy the bounce.
Stop: ~3290 (below invalidation)
Targets: 3379, then 3450–3460.
If I’m wrong
A clean 4H close below 3292 = I’m out and waiting.
Notes
If CPI is softer than expected, USD/yields can pop and this long idea likely fails. I’ll wait 5–15 minutes after the release before committing and keep size modest.
GOLD SELLI opened a short position on Gold (XAUUSD) after a strong bullish impulse followed by a rejection zone, which could indicate the start of a correction to the downside.
Entry: around 3447
Stop Loss: 3452 (risk: -4.61 / 0.13%)
Take Profit: 3422 (reward: +25.11 / 0.73%)
Quantity: 54
Risk/Reward Ratio: 5.44
The idea is based on the assumption that the recent bullish move is overextended, and sellers may take control, pushing the price down to the target zone.
Gold Trade Plan 26/08/2025Dear Traders,
The market is heavily manipulated, and given Trump’s tweets and statements, one must be extremely cautious.
3360-3362 is Very important Area for Gold , Keep Area ---> Target 3390-3395
Break and Fix Below 3360-3362 Then correction will be continue and Target is 3340-3324
Keep Eye 3360-3362
Regards,
Alireza!
GOLD at Major Resistance – Big Drop Incoming?Hello Traders! 👋
Gold (XAUUSD) is now testing a critical supply zone at 3425.86 – 3499.36 after weeks of sideways consolidation. This region has acted as a strong ceiling multiple times, and price is once again showing signs of exhaustion.
If sellers step in here, we could see a sharp bearish move targeting:
🟢 3176.40 (first demand zone)
🟢 2982.24 (major demand zone & final target)
🔑 Key Levels to Watch:
Resistance Zone: 3425.86 – 3499.36
Current Price: 3409.58
Bearish Targets: 3176.40 → 2982.24
⚡ Bias: Bearish from supply rejection. However, a daily close above 3499.36 would invalidate this setup and open doors for new highs.
📌 Technical Confluence:
Strong resistance zone ✅
Previous rejections at this level ✅
Potential double top pattern forming ✅
What’s your take, traders? Will GOLD finally break higher or respect the supply zone and dump hard?
💬 Share your thoughts in the comments!
👍 Like & Follow for more market breakdowns!
XAU/USD M15 Update – Breakout or Fakeout?Gold has been consolidating in a tight 336x – 337x range throughout the day. Now, price is showing signs of pushing back towards the short-term high at 3377 – 3382.
👉 Two possible scenarios are on the table:
1️⃣ Liquidity Grab (Fake Breakout): Price retests the high → triggers FOMO buys → sharp rejection back down towards 3363 – 3355 liquidity zones.
2️⃣ Clean Breakout: If buyers hold control and break above 3382 – 3384, momentum could accelerate into the 3400 – 3402 resistance zone.
📌 Key Levels on M15:
Resistance: 3377 – 3384 | Major: 3400
Support: 3363 – 3354 – 3341
⚡ Trading Notes:
Don’t chase price into resistance.
Wait for clear confirmation around 3382 – 3384 before committing.
Scalpers can look for quick plays at 3363 – 3355 (buy zone) or fade rejection at 3382 – 3384 if breakout fails.
🔥 Gold is at a decision point – will it break higher into 3400 or trap longs before a deeper correction?
What’s your take? Drop your view below 👇
keep growing, old ATH 3500✍️ NOVA hello everyone, Let's comment on gold price next week from 09/01/2025 - 09/05/2025
⭐️GOLDEN INFORMATION:
Gold (XAU/USD) rebounded sharply Friday, erasing early losses to hit $3,447—its highest since June 16—after PCE inflation data met expectations and the Dollar softened. The metal is up 0.85%, supported by Fed rate-cut bets, safe-haven demand, and lingering geopolitical uncertainty, with dips seen as buying opportunities in a strong bullish trend..
⭐️Personal comments NOVA:
Gold price breaks out, market grows thanks to expectations of interest rate cut in September, gold price waits to reach old ATH 3500
🔥 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: $3451, $3482 , $3538
Support: $3397, $3363
🔥 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
Smart Money Playbook: Where Will Gold Hunt Liquidity Next?Gold SMC Daily Plan – 26/08
Market Context (SMC perspective):
Price is consolidating near 3375 after an impulsive bullish move. There’s uncollected liquidity above 3385–3400, an FVG around 3354, and a deep buy zone at 3323–3327. Structure remains bullish unless 3327 is broken.
________________________________________
Key SMC Zones
• Liquidity Pool: 3385–3400 (potential sweep before reversal)
• FVG: 3354 region – watch for reaction
• Buy Zone: 3323–3327 (SL 3320)
• BOS/ChoCH: Upside confirmed above 3354; bearish shift if 3327 breaks
________________________________________
Trading Scenarios (SMC Logic)
1) BUY SCALP – Quick Liquidity Grab
• Entry: 3350–3352 (FVG support)
• SL: 3343
• TP: 3355 → 3360 → 3375 → 3385 → 3400+
Reason: Mitigation of FVG + bullish BOS continuation.
________________________________________
2) BUY ZONE – Swing Setup
• Entry: 3339–3336 (deep OB)
• SL: 3334
• TP: 3340 → 3350 → 3360 → 3365 → 3370 → 3380 → 3390 → 3400+
Reason: Possible liquidity sweep below 3340 before upside continuation.
________________________________________
3) SELL SCALP – Quick Reversal
• Entry: 3380–3383 (above intra-day liquidity)
• SL: 3385
• TP: 3378 → 3374 → 3370 → 3365 → 3360 → 3350
Reason: Sweep of local highs → BOS to downside.
________________________________________
4) SELL ZONE – High-Risk Liquidity Sweep
• Entry: 3400–3402
• SL: 3406
• TP: 3395 → 3390 → 3385 → 3380 → 3370 → 3360
Reason: Hunt major liquidity above 3400, then reversal.
________________________________________
SMC Flow for Today:
• Look for buy confirmations around FVG 3354 or deep buy zone 3327.
• If price sweeps 3385–3400 first, watch for sell setups with BOS confirmation.
• Structure bias flips bearish only if price closes below 3327.
XAUUSD: Short-Term Decline Awaiting a Correction?XAUUSD is currently in a short-term downtrend, and the chart suggests that the price could continue to decrease if resistance levels are not broken. The short-term target is 3,362.30.
Technical Analysis: XAUUSD is trading below the resistance level at 3,403.70. If it remains below this level, the next targets will be 3,362.30.
Fundamental Analysis: Strong economic data from the U.S., particularly the preliminary quarterly GDP, lower-than-expected jobless claims, and a higher-than-expected core PCE index, all support the U.S. dollar. As the USD strengthens, the demand for gold decreases, pushing the price of gold lower.
Trading Strategy: Open a sell order when the price remains below 3,403.70, with targets at 3,362.30. Place a stop-loss above the 3,403.70 resistance level to protect the trade.
With both technical and fundamental factors supporting the bearish trend, XAUUSD may continue its short-term decline.
GOLD falls nearly $20, as Dollar recovers and market quietSummary: OANDA:XAUUSD fell sharply in Asian trading on Wednesday (August 27), after rising sharply in the previous session. Prices are currently trading around $3,374/oz, down nearly $20 on the day.
OANDA:XAUUSD is retreating from a two-week high near $3,400/oz after hitting that high on Wednesday morning. However, concerns about the Federal Reserve's autonomy and the latest U.S. tariff threats could ease the downward pressure on gold.
The US Dollar TVC:DXY rebounded on Wednesday, putting pressure on gold prices. However, the dollar's gains appeared to be limited by concerns about the Federal Reserve and tariffs.
OANDA:XAUUSD may be buying lower as investors look to buy on dips. Gold prices had earlier surged to a two-week high on Tuesday as US President Donald Trump announced the firing of Federal Reserve Governor Tim Cook, shaking investor confidence in the Fed's independence and boosting demand for safe havens.
Additionally, Bloomberg reported on Tuesday that U.S. President Trump has threatened to impose new tariffs and export restrictions on advanced technologies and semiconductors in retaliation for other countries imposing digital services taxes on U.S. tech companies. Trump’s recent trade brinkmanship has reignited tariff uncertainty among U.S. trading partners. Earlier this month, shortly after concluding negotiations with dozens of partners on tariffs targeting specific countries, Trump announced new tariffs on a range of imported products. Last week, he said he would impose new tariffs on imported furniture.
Technical Outlook Analysis OANDA:XAUUSD
Gold has yet to reach its upside target at the $3,400 base level, but has come under some pressure as it approaches this level and has declined in early trading today. Spot gold is currently trading at $3,376, close to the 0.236% Fibonacci retracement level. After breaking above the 0.236% Fibonacci retracement level, this Fibonacci level now acts as the closest technical support, below which gold could retest the 21-day EMA at around $3,350.
As mentioned to readers throughout the past publications, the overall trend of gold is still in a sideways accumulation phase. This is shown by the fact that RSI is hovering around 50, showing that the market sentiment is still hesitant in terms of momentum. When gold has enough conditions for a long-term trend, I will update readers quickly, but currently in the short term, gold has some technical factors supporting the possibility of price increases, with support at Fibonacci 0.236% and EMA21 and RSI above 50.
However, short-term open positions should still be prioritized during this period of sideways accumulation, along with the notable points that will be listed as follows.
Support: 3,371 – 3,350 USD
Resistance: 3,400 – 3,430 USD
SELL XAUUSD PRICE 3430 - 3428⚡️
↠↠ Stop Loss 3434
→Take Profit 1 3322
↨
→Take Profit 2 3316
BUY XAUUSD PRICE 3350 - 3352⚡️
↠↠ Stop Loss 3346
→Take Profit 1 3358
↨
→Take Profit 2 3364
XAUUSD - 29/8/2025Yesterday i captured a great move with gold : 7R win. but didnt have time to detail that idea.
There is a break in the main trend line to the bullish direction.
Here i am looking for a small pull back today which has been playing out and and identified an area to buy limit from.
There is equal low liquidity on the left which is giving me confidence that the lows will be swept and that i should focus on the lower zone just below the imbalance.
+ve:
1. trade in direction of larger trend
2. equal lows to be swept and zone identified is higher probability
3. zone above has been touched but the horizontal line indicates the imbalance remaining
-ve:
1. some strength showing up in teh dollar today
2. big news coming out later income, spending and price index MoM
Entry:
- At the demand zone top
SL:
- below the zone, if this is broken - there may be a direction change coming for the medium term
TP:
- current targeting the remainig imbalance and the recent high - but i may push it higher if i see stronger bullish momentum coming through after the news.
The gold rally is not over yet, stabilizing at 3400 is the keyThis week, Trump once again severely undermined the independence of the Federal Reserve. He has been attacking Chairman Powell for months and now threatens to fire Fed Governor Tim Cook. His actions are all part of his quest to pressure the Fed into cutting interest rates, ultimately forcing his will and ultimately achieving a rate cut, perhaps even a larger one.
Influenced by the Fed's independence and the expectation of rate cuts, gold prices have continued to rise this week, approaching the high of 3,400 points.
I personally believe that as long as gold doesn't fall below 3,350, it's only a matter of time before it breaks above 3,400.
From the 1-hour chart, we can clearly see that gold is steadily rising, supported by the trend line. Buying on a pullback to the trend line is a good opportunity, with a take-profit and stop-loss in place, presents a significant profit opportunity.
Currently, the optimal buying range for gold is between 3,365 and 3,375 OANDA:XAUUSD , with a target price of $10-20 and a stop-loss of $10.
📣If you have different opinions, please leave a message below to discuss