GOLDMINI trade ideas
Gold: Overextended at Upper Rail — Fade or Break?Why:
Price just hit the upper rail of a rising channel after a strong Rally-Base-Rally, typical mean-revert toward the midline/base before the next leg.
DXY Overlay: Red DXY line is weak overall but sitting near minor support, a dollar bounce often = gold dip.
Watch for shooting star / bearish engulfing at the roof to confirm the pullback.
Only flip aggressively bullish if we close above the channel and retest it from above (classic pullback-after-breakout).
Key levels
Resistance: current highs at the upper rail.
Support: channel midline / last base (buy-zone on dip); deeper lower rail if momentum cools.
Trading idea (use your risk rules)
- SELL near the upper rail, TP: midline/base, SL: just above the roof.
- BUY the dip at midline/base, TP: upper rail/new highs, SL: below the base.
Invalidation: H1/H4 close above the channel + successful retest → target an extension equal to channel height.
GOLD ShortA decrease in gold prices is anticipated, considering the ideal Crab pattern on the four-hour timeframe.
This pattern, considered one of the reliable harmonic patterns in technical analysis, may indicate a trend reversal and price correction.
but for final confirmation, other technical and fundamental factors need to be examined as well.
Gold may usher in a reversal next week?The gold price is stable at 3400, and the current price is 3418, and it is about to test the previous high of 3438. It is worth noting that 3445 belongs to the entry point of butterfly mode, at which time you can wait for the opportunity to deploy empty orders near 3438-3345.
Gold XAUUSD Intraday Analysis 29.08.2025Gold has been trading in a bullish trend, moving higher without any significant retracement yesterday. Currently, price is holding around 3405–3407 after rejecting higher levels.
Looking at the chart, a potential retracement zone lies at 3393–3396, which aligns with a demand area and prior consolidation. If price retraces into this zone, it may provide a strong opportunity to join the ongoing bullish trend.
The upside target remains at 3415, which corresponds to the next resistance area, while invalidation of this setup lies below 3386 support.
Trading Idea:
Entry (Buy Zone): 3393–3396
Stop Loss (SL): 3386
Take Profit (TP): 3415
Risk-to-Reward ratio: ~1:2
Plan: Wait for retracement into the 3393–3396 zone, and find confirmatoin before entering long.
Gold bullish run continuation supported at 3376The Gold remains in a bullish trend, with recent price action showing signs of a continuation breakout within the broader uptrend.
Support Zone: 3376 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 3376 would confirm ongoing upside momentum, with potential targets at:
3420 – initial resistance
3430 – psychological and structural level
3440 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 3376 would weaken the bullish outlook and suggest deeper downside risk toward:
3365 – minor support
3353 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the Gold holds above 3376. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Gold AnalysisThe pattern is a falling wedge → historically this is a bullish reversal pattern.
RSI at 24 = oversold → normally market tries to bounce from here.
MACD still negative, but momentum is slowing = selling pressure is losing strength.
If price holds above 3405 support and breaks 3410 with volume, it will likely turn bullish toward 3415–3420.
If 3405 breaks, then it can dip to 3395–3390 = short-term bearish.
👉 So right now:
Bias = bullish, but confirmation needed above 3410.
If it fails and breaks 3405, then short-term bearish.
XAU/USD Scalping Execution ChecklistXAU/USD Scalping Execution Checklist
🔴 Short Setup (Primary Play – Liquidity Sweep)
✅ Wait for price to spike into 3420–3430 liquidity zone.
✅ Look at 1M candles → must show rejection (long upper wick, volume spike).
✅ Entry 1: First bearish rejection candle.
✅ Entry 2 (Scaling): Add on 1M structure break (3416 / 3412).
✅ Entry 3 (Aggressive): Add on retest of 3420 after rejection.
✅ Stop-Loss: 3442 (just above liquidity sweep high).
✅ Take-Profits:
TP1 → 3410 (scalp exit)
TP2 → 3400 (fills micro FVG)
TP3 → 3385 (trendline support)
TP4 → 3355 (H4 FVG)
✅ Trail stops if momentum strong.
🟢 Long Setup (Secondary Play – Breakout Continuation)
✅ Only valid if H4 closes above 3440 with strong volume.
✅ Entry 1: Retest hold of 3438–3440.
✅ Entry 2 (Scaling): Add on higher lows (e.g., 3445, 3450).
✅ Stop-Loss: 3425.
✅ Take-Profits:
TP1 → 3450
TP2 → 3475
TP3 → 3500
⚡ Risk Management Rules
Never scale into a losing trade.
Cut trade if entry doesn’t move in your favor within 3–5 minutes (on 1M).
Always trade towards FVGs / liquidity magnets.
Maximum risk per position = 0.5% – 1% account.
📌 Summary Bias:
Focus on shorting the liquidity sweep (3420–3430) into FVGs.
Only switch to longs if clear breakout above 3440 with strong volume.
Do you want me to turn this checklist into a visual flowchart (decision tree) so you can glance at it quickly during live scalping?
XAUUSD 15m – EW Short SetupHi fellow traders,
On the 15m XAUUSD chart, I am applying Elliott Wave principles to capture a potential short move. Price action is unfolding within an ending diagonal pattern, and I am anticipating the final leg down as wave (v).
Additional confluence is provided by the red-shaded supply zone, which coincides with the projected entry area and strengthens the probability of a reversal at this level.
I am entering at 3335.37, with a Stop Loss at 3345.30 serving as the invalidation level. My Take Profit is set at 3307.64, targeting the next key support area.
Good luck and trade safe.
The trend remains unchanged. A breakout to the upside is in sighGold rebounded from its bottoming out on Wednesday, with an overall strong short-term trend. From a moving average perspective, the short-term and medium-term moving averages show a perfect upward divergence. Moving average patterns provide important technical support for trend continuity. The 10-day moving average, serving as short-term support, is currently located near 3385, the high point of Wednesday's European trading range.
On the resistance side, attention should be focused on the downward trend line formed by connecting previous highs. This is currently constraining further upside for gold. The current resistance levels are located near 3400 and 3410, respectively. A successful break above these levels would signal a break from the previous consolidation pattern on the daily chart, potentially ushering in a new upward trend for gold.
Furthermore, attention should be paid to the crucial support level of 3375. The price repeatedly dipped below 3375 on Wednesday before stabilizing and rebounding. This trend highlights the crucial support level of 3375, making it a key dividing line between bulls and bears in the current four-hour chart.
Trading strategy:
Short around 3410, stop loss at 3420, profit range 3390-3370.
Go long near 3375, stop loss at 3365, profit range 3390-3410
August 28, 2025 - XAUUSD GOLD Analysis and Potential Opportunity📌 Summary:
Bullish strength remains firm. The intraday plan is to buy dips into support. However, if price breaks below 3395, the bias shifts to selling rallies into resistance.
🔍 Key Levels to Watch:
• 3420 – Resistance
• 3415 – Resistance
• 3410 – Resistance / Bullish target
• 3404 – Resistance
• 3400 – Psychological level
• 3394 – Key support
• 3389 – Support
• 3385 – Support
• 3375 – Key intraday support
• 3367 – Support
📈 Intraday Strategy:
SELL: If price breaks below 3394 → target 3392, with further downside toward 3389, 3385, 3380
BUY: If price holds above 3400 → target 3404, with further upside toward 3410, 3415, 3420
👉 If you find this helpful or traded using this plan, a like 👍 would mean a lot and keep me motivated. Thanks for the support!
⚠️ Disclaimer: This is my personal view, not financial advice. Always use proper risk control.