XAUUSD heading to 3700.00NFP week job data has fueled the long term uptrend on XAUUSD showing a possible trend continuation on GOLD. Multiple timeframe trend on XAUUSD is bullish with monthly, weekly and daily trend confirmation showing GOLD to potentially move back to the upside with a bullish channel creation.
It is a high probability that price may reject from the support level 3645.00 could be an important level for buy entry upon break of structure.
GOLDMINICFD trade ideas
Beyond the Chart – GOLD Market Technical Analysis📈 XAUUSD 1H
Market still holding a strong bullish structure with clean BOS to the upside.
Multiple unmitigated FVGs below could act as magnets if price retraces.
As long as 3,640 FVG holds, continuation toward 3,680–3,700 is in play.
Safer longs on pullbacks, shorts only as scalps into imbalances.
🌐 Mid-Term Outlook:
Gold still looks strong fundamentally & technically — dips into imbalances = opportunities to build longs. Expect higher levels ahead.
GOLDAverage Hourly Earnings (m/m): Expected to rise by 0.3%, unchanged from previous.
Non-Farm Employment Change: Forecast at 75,000 new jobs, slightly above last month's 73,000.
Unemployment Rate: The latest figure is expected today but the forecast is not provided here.
How the US Dollar (USD) Might React to the Data:
If the data exceed forecasts (stronger jobs growth, higher hourly earnings, lower unemployment):
This signals a robust labor market and potential inflationary pressure.
The Federal Reserve might maintain or raise interest rates to prevent overheating.
The USD would likely strengthen as higher rates attract foreign capital and boost demand for the dollar.
If the data come in weaker than forecasts (slower jobs growth, stagnant or falling earnings, higher unemployment):
This suggests economic slowdown and reduced inflation risks.
The Fed may consider cutting or pausing rate hikes to support growth.
The USD would likely weaken as interest rate expectations decline and capital flows out.
Summary:
Positive labor data generally boost USD.
Negative labor data generally weaken USD.
Market reaction depends on how results influence the Fed’s monetary policy outlook.
If the actual unemployment rate is also released, I can provide an updated interpretation of its impact on the dollar.Here are the current US labor market data forecasts:
Average Hourly Earnings m/m: 0.3% (previous 0.3%)
Non-Farm Employment Change: 75,000 (previous 73,000)
Unemployment Rate: Expected today (forecast not specified)
How the USD Could React:
If actual data are greater than forecasts (e.g., stronger job gains, higher wage growth, lower unemployment), this signals a robust economy that could sustain Fed rate hikes or reduce the chance of cuts. The US dollar would likely strengthen as investors anticipate higher interest rates attracting capital inflows.
If actual data are less than forecasts (e.g., weaker job growth, flat wages, higher unemployment), it could indicate economic slowing and potential Fed easing. In this scenario, the US dollar would likely weaken as expectations shift toward lower interest rates or rate cuts.
The reaction depends on how these labor indicators influence market expectations around Fed monetary policy. Strong labor data usually support a firmer USD, while weaker data lead to a softer USD.
If the exact unemployment rate number releases, I can update the analysis further.Here are the current US labor market data forecasts:
Average Hourly Earnings m/m: 0.3% (previous 0.3%)
Non-Farm Employment Change: 75,000 (previous 73,000)
Unemployment Rate: Expected today (forecast not specified)
How the USD Could React:
If actual data are greater than forecasts (e.g., stronger job gains, higher wage growth, lower unemployment), this signals a robust economy that could sustain Fed rate hikes or reduce the chance of cuts. The US dollar would likely strengthen as investors anticipate higher interest rates attracting capital inflows.
If actual data are less than forecasts (e.g., weaker job growth, flat wages, higher unemployment), it could indicate economic slowing and potential Fed easing. In this scenario, the US dollar would likely weaken as expectations shift toward lower interest rates or rate cuts.
The reaction depends on how these labor indicators influence market expectations around Fed monetary policy. Strong labor data usually support a firmer USD, while weaker data lead to a softer USD.
Excellent Trading opportunities takenAs discussed throughout my yesterday's session commentary: "My position: Price-action came even closer to my projected #3,577.80 Resistance fractal and as expected the #3,577.80 - #3,582.80 structure acted effectively as an Resistance zone as it was placed near the last MA periods. Daily chart is again marginally Bearish on its vast majority, only Supported now by the #3,527.80 which is interval level, and if Support breaks #3,500.80 Support extension / mark will be set in motion (Daily chart suggests an even Lower Support base towards MA period which is reasonable configuration to expect considering the wide frame on my Volume instrument but all this above is possible when Gold makes new Top's. I will continue Buying Gold on each dip and opportunity to do so."
First set of re-Buy orders I have engaged on #3,541.80 - #3,544.80 belt towards #3,548.80 twice (two sets of Buying orders) then on third re-test of #3,541.80, I have engaged two aggressive Buying orders which I kept until #3,557.80 Higher High's extension delivering spectacular Profit. After closing all of my orders, I have waited for another chance to re-Buy Gold which appeared on #3,537.80 Support for the fractal when I re-Bought again towards #3,545.80 extension. With #3,537.80 re-Buy orders I have finished the session, taking desired Profit. I have also Sold #3,552.80 benchmark reversal with two smaller Selling orders as I spotted that #3,552.80 benchmark is posing as an decent Resistance line which I closed on #3,541.80 on immediate market open last night.
My position: I am already satisfied with my gains and will not most likely Trade the NFP later on throughout the session as I believe that Price-action will fluctuate mostly until the announcement. I do believe that NFP might counterbalance current trend with upside surprise on NFP numbers which can add Selling pressure on Gold but NFP or not the direction of Gold remains to the upside in continuation.
Gold Spikes After CPI but Faces Profit-Taking Pressure📊 Market Move:
Right after the CPI release, gold surged from $3613 to $3643, but profit-taking quickly dragged prices back to around $3635.
📈 Technical Analysis:
🔺 Resistance: 3645 – 3650
🔻 Support: 3626 – 3620
📉 Short-term EMA still points upward, suggesting the uptrend remains intact, though momentum has weakened after the spike.
🧐 Outlook:
Gold is undergoing a technical pullback after the sharp rally; the market needs further H1/H4 candle confirmation to see if the bullish move toward 3650+ continues.
🎯 Trading Strategy:
o Wait for a retest of 3626–3620; if reversal candles appear, consider a Buy following the trend.
o If price breaks below 3620, risk opens for a deeper drop toward 3610–3605.
XAU/USD – Liquidity Grab Before Downside MovePrice action is currently showing signs of a retracement to the upside, aiming to grab excess liquidity and balance out the order flow.
📍 Point of Entry:
I expect price to push higher into the marked liquidity area before rejecting. This move will serve as an equilibrium adjustment, allowing institutions to collect orders before driving the market lower.
📉 Downside Targets:
After the liquidity grab, price is likely to continue its bearish leg, moving down into the support zone highlighted in blue. This zone aligns with the 4H Fair Value Gap (FVG), which will serve as a key area for a retest.
🔑 Key Outlook:
Retracement upward → Liquidity sweep.
Continuation downward → Support zone & 4H FVG retest.
Further breakdown possible if support fails.
Follow for more.
Greetings,
MrYounity
Gold - Caution ahead of US PPI report | Priority on Sell setups🟡 XAU/USD – 10/09 | Captain Vincent ⚓
🔎 Captain’s Log – Market Context
US 10-year bond yields rebound, signaling the market is awaiting key inflation data.
At 07:30, US PPI report will be released – a crucial figure that could strongly influence FED rate expectations.
Investors are also eyeing US CPI in the coming days to assess the inflation outlook.
The US Supreme Court accepted Trump’s appeal, but this news has not yet had a notable impact on Gold.
⏩ Captain’s Summary: Ahead of inflation data, Gold often tends to correct lower due to cautious sentiment.
📈 Captain’s Chart – Technical Analysis
Storm Breaker (Key Resistance):
Bearish OB: 3654 – 3660 (short-term upper cap)
ATH Watchtower: 3700 – 3702 (Sell Zone – possible new ATH test)
Golden Harbor (Strong Support):
Buy Zone: 3601 – 3602
OB Dock: 3582 – 3585
Currently, price is around 3640 – 3645, after a technical rebound from support. High probability that Gold will retest nearby resistance before a downward correction.
🎯 Captain’s Map – Trade Scenarios
⚡ Quick Boarding (SELL – Daily Priority)
Entry 1: 3654 – 3660
SL: 3668
TP: 3654 → 3650 → 3618 → 3610
Entry 2 – ATH Test: 3701 – 3703
SL: 3711
TP: 3688 → 3675 → 3665 → 365x
✅ Golden Harbor (BUY – Only at deep support)
Buy Zone: 3601 – 3603
SL: 3592
TP: 3610 → 3620 → 3630
⚓ Captain’s Note
“The golden ship faces turbulent seas today as it sails near Storm Breaker 🌊 (3654 – 3660) . Before the fierce winds called US PPI , sailors should prioritize dropping anchor with short-term SELL positions at resistance. Golden Harbor 🏝️ (3601 – 3603) remains a safe haven below, but only when the ship corrects deeply should it dock. On this voyage, Quick Boarding 🚤 is for scalp maneuvers, while the main current is still steered by the stormy waves of inflation.”
XAUUSD Intraday Analysis – September 10, 2025 (H1 Chart)Gold has been in a strong bullish channel since late August, but the current rally is facing a heavy resistance zone at 3,665 – 3,675 USD/oz, where signs of a corrective move are emerging.
1. Technical Outlook
Trendline & Channel: Price has been respecting the ascending channel but is now testing resistance and showing weakness.
Fibonacci Retracement (from 3,395 → 3,675):
0.382 ~ 3,565
0.5 ~ 3,535
0.618 ~ 3,505
RSI (H1): Overbought (>70) and turning down, suggesting short-term correction.
Elliott Wave: A corrective ABC structure is in play. Wave A has started, with Wave C possibly targeting 3,545 – 3,505.
2. Key Levels
Resistance: 3,665 – 3,675
Short-term Support: 3,625 – 3,585
Major Support: 3,545 – 3,505 (confluence with Fibonacci 0.5 – 0.618)
3. Trading Strategies
Short-term Sell Setup:
Entry: 3,655 – 3,665 (resistance zone)
TP1: 3,585
TP2: 3,545 – 3,505
SL: 3,685
Medium-term Buy Setup (Buy Limit Strategy):
Entry: 3,545 – 3,505 (support & Fibo cluster)
TP: 3,625 – 3,665
SL: below 3,485
4. Conclusion
Gold is likely entering a corrective phase after testing the strong resistance zone. Traders may consider shorting near resistance and buying back at deeper support levels.
- Keep these resistance–support levels on your chart for today’s trading plan, and follow along for more updated strategies.
Will gold experience a technical decline on September 9th?Will gold experience a technical decline on September 9th?
Detailed Analysis
I. News Analysis (Driving Factors)
Immediate Bullish Factors:
Weak non-farm payroll data: Only 22,000 jobs were added in August, far below expectations, and the previous figure was revised downward to negative, indicating a significant deterioration in the US labor market. This is the most direct driving force for rising gold prices.
Medium-Term Bullish Environment:
Strengthening Expectations of a Fed Rate Cut: The market is pricing in the possibility of a September rate cut, with a higher probability of three cuts before the end of the year. Lower interest rates will weaken the dollar's appeal and push up the price of non-interest-bearing gold.
Future Focus:
This week's US inflation data (CPI): This will provide the next key basis for the Fed's interest rate decision and may set a new direction for gold prices.
II. Technical Analysis
Daily Chart (Determining the Overall Direction):
Trend: A clear unilateral uptrend, with Bollinger Bands opening and the 5- and 10-day moving averages aligned in a bullish pattern, indicating strong momentum. Warning: Despite the bullish trend, it's not advisable to chase the market higher; wait for a pullback before going long.
Key position: It has successfully broken through the 3600 mark and is aiming for higher targets.
H4 Level (4-hour chart - short-term momentum):
Bullish conditions: Price remains above moving average support, and the Bollinger Bands are opening upwards.
Weakness Signals:
Signal 1: Bollinger Bands begin to narrow → indicating a slowdown in upward momentum and a possible period of high-level fluctuations.
Signal 2: A break below moving average support → a deeper pullback may be triggered.
Core Support: 3550 is the weekly strength and weakness dividing line; a break below could lead to a period of fluctuation; 3510 is the trend lifeline; a break below could signal a reversal of the current uptrend.
Intraday Trading Level (Finding Entry and Exit Points):
Upper Resistance: The 3660-3670 area is the short-term target resistance level for the day.
Lower Support (Critical):
First Support (Intraday Strength Line): The 3620-3610 area. This is the top-bottom reversal level following Monday's breakout, serving as the first line of defense to maintain intraday strength.
Second support (key bullish zone): 3595-3580. This is the short-term dividing line between strength and weakness.
Third support (trend core): 3560 (Friday's breakout point) and 3545-3550 (non-farm payroll report starting point). If the price holds above this zone, the bullish pattern remains intact.
Ultimate defense (bull-bear reversal point): A break below the 3510-3500 area would signal a potential fundamental trend shift.
III. Comprehensive Operational Strategy
Main Strategy: Buy on dips
Ideal Long Zone: Enter after stabilization at the 3620-3610 support zone.
Safe Long Zone: A pullback to and stabilization at the 3595-3580 area would be a safer opportunity to add to the long position.
Stop-loss Setting: The stop-loss should be placed below the corresponding support level (for example, if going long at 3620, the stop-loss could be set below 3610). Target: 3660-3670, or even higher.
Secondary Strategy: Sell on Rebound Highs
Opportunities: Only attempt a short position with a small position when the price first touches the strong resistance area of 3660-3670 and a clear resistance signal (such as a long upper shadow or a bearish candlestick pattern) appears.
Attributes: This is a counter-trend operation, which belongs to a short-term pullback. You must enter and exit quickly, and strictly set a stop loss (place the stop loss above 3670).
Summary and Trading Tips
Trend is King: The current market is dominated by bulls, and all operations should prioritize following this primary trend.
Key Levels: 3620-3610 is a key observation point for intraday strength and weakness, while 3560-3550 is the lifeline for whether this week's trend can continue.
Risk Control: Avoid blindly chasing higher prices after a series of sharp gains. Always wait for the price to pull back to support before taking action, and always set a stop-loss to mitigate the risk of a sudden pullback.
XAUUSD – Gold Price Analysis (September 9, 2025)1. Main Trend
After a fake break at the end of July, gold strongly rebounded from the 3,260 – 3,280 support zone.
The sideways accumulation phase during August (“the bulls resisted”) created a solid base.
Since late August, price has broken above 3,440 and continued in a sharp uptrend, reaching the key resistance zone at 3,650 – 3,660.
2. Key Support & Resistance Levels
Major Resistance: 3,650 – 3,660 (current top, strong selling pressure expected).
Immediate Support: 3,520 – 3,480 (previous breakout zone, aligned with 0.382 Fibonacci retracement of the recent rally).
Deeper Supports: 3,440 (old consolidation channel) and 3,325 – 3,280 (August lows).
3. Indicators & Price Behavior
EMA: Short-term EMAs (20–50) are sloping upwards, confirming the bullish trend. However, the distance is overstretched → risk of a pullback.
RSI: Currently in the overbought zone (>70), signaling potential short-term correction.
Fibonacci: The move from 3,325 → 3,650 shows 0.382 retracement around 3,520 as a critical balance point for buyers.
4. Trading Strategies
Strategy 1 – Short at Resistance:
Look for sell opportunities around 3,650 – 3,660 with bearish candlestick confirmation.
Stop loss above 3,675.
Take profit targets: 3,520 – 3,480.
Strategy 2 – Buy on Pullback:
Wait for price to retrace into 3,520 – 3,480 support.
Enter long positions if support holds with bullish confirmation.
Stop loss below 3,460.
Targets: retest 3,650, with potential extension toward 3,700.
Conclusion: Gold remains in a strong uptrend but is now testing the critical resistance at 3,650 – 3,660. A short-term correction is likely before the next bullish leg. Patience is key—wait for a healthy pullback to secure better entries and avoid chasing highs.
- Follow for more trading strategies and save this analysis if you find it useful.
XAU/USD Update 2 weeklyNext move on the way, focus on proper risk management & stay disciplined. Wishing you successful trades..!
Key Reason:
1. Market structure is strongly bullish.
2. Clean BOS formed.
3. Fresh BB + Demand still in pending.
4. BISI still in pending.
5. If price retraces into our demand zone, we'll look for entry opportunities. A sustained bullish momentum from this level could trigger a strong upward rally.
This is not a financial advice. Confirmation is very important part. Let's see how it will work.
Gold – patience versus greedThe current rise in gold to the 3640–3650 range resembles a protracted consolidation rather than a confident trend. The price remains within the upward channel, but there is a risk of correction accumulating near the current values. Key levels to watch are 3629 and 3618: a break and consolidation below will open the way to 3575, where important support lies. Within the range, the market is behaving nervously – false breaks are becoming commonplace, which increases uncertainty for those who are rushing into positions.
Fundamentally, pressure on gold is being driven by expectations ahead of the Fed meeting and weak dollar statistics: investors remain in “wait-and-see mode.” While the dollar is correcting in a downtrend, gold is receiving support, but without new catalysts, an upward breakout is unlikely. Rather, the market is looking for a balance of forces to determine who will lead - buyers or sellers.
The tactical plan boils down to not playing guessing games. In the event of a decline below 3618, confirmation of the bearish scenario with a target of 3575 will appear. If buyers keep the price above 3640, another attempt to storm the highs is likely. At such moments, it is important not to try to outsmart the market, but to wait until it shows the direction itself.
Sometimes the best trade is simply not to rush.
XAUUSD Gold Intraday Move 12.09.2025Intraday Analysis
The market has recently broken out of a descending trendline, showing signs of bullish momentum. After the breakout, price retraced toward previous supply turned demand zones, creating potential buying opportunities at key levels.
Key Observations:
Trendline Breakout:
The downward trendline has been broken, indicating a possible shift in momentum from bearish to bullish. Retests of the broken structure often provide high-probability entries.
Demand Zones:
Zone 1 (3630–3633): This level aligns with a prior consolidation area and trendline retest. A bounce here could trigger continuation toward higher resistance.
Zone 2 (3612–3616): This is a deeper support zone and serves as a secondary buying opportunity if the first level fails.
Targets and Risk Management:
For Zone 1, the upside target is 3657 with a protective stop below 3622.
For Zone 2, the upside target is 3640 with a stop below 3606.
Both setups provide a favorable risk-to-reward ratio.
Confirmation Requirement:
Entries should only be considered once at least two confirmations are present. Possible confirmations include:
Bullish candlestick patterns (engulfing, pin bar, or strong rejection wicks).
Break of minor intraday structure to the upside.
Volume spike or momentum divergence supporting the bullish bias.
Conclusion:
The bias remains bullish while above 3612. The first area of interest is 3630–3633 for a potential long entry toward 3657. If price dips deeper, the 3612–3616 zone provides the next opportunity for a bounce targeting 3640. Proper confirmation is essential before committing to trades, and stops should be respected to manage risk effectively.
GOLD rebounds strongly, supported by US dataGold prices were volatile during the New York trading session on Thursday (September 11) due to the influence of the US CPI index and initial data on unemployment benefits applications. OANDA:XAUUSD price has recovered strongly during today's Asian session (September 12) and is currently trading at 3,647 USD/oz.
Very weak initial U.S. jobless claims data eased concerns over inflation data. The likelihood of a Federal Reserve rate cut next week remains high, supporting gold prices and recouping most of the day’s losses.
Data released by the U.S. Bureau of Labor Statistics on Thursday showed the consumer price index (CPI) rose more than expected in August from the previous month, but the year-over-year increase was in line with expectations.
The data showed that the CPI rose 0.4% month-over-month in August, beating the 0.3% forecast by economists surveyed by Dow Jones. However, the 2.9% year-over-year increase was in line with expectations. Moreover, the core CPI, which excludes the more volatile food and energy components, rose 0.3% month-over-month and 3.1% year-over-year, both in line with Dow Jones' forecasts.
Meanwhile, the US labor market is showing signs of slowing: weekly jobless claims unexpectedly jumped on Thursday after jobs growth data was revised down earlier this week. In the week ending September 6, initial jobless claims rose 27,000 to a seasonally adjusted 263,000, the highest since October 2021, far exceeding market expectations of 235,000.
Initial data on unemployment claims 'saved' OANDA:XAUUSD
Gold rallies after finding support at the 0.382% Fibonacci extension trendline note to readers in yesterday's issue.
The rally has now just cleared the 0.50% Fibonacci level, which provides the initial conditions for a possible retest of the all-time high at the 0.618% Fibonacci level.
The technical structure has not changed much with the uptrend dominating the market, from the uptrend channel as the main trend, the main support from EMA21 while RSI has not shown any signal for the possibility of a price decrease.
Therefore, the technical chart summary is completely uptrend and the notable price points during the day will be listed as follows.
Support: 3,613 - 3,600 USD
Resistance: 3,645 - 3,677 USD
SELL XAUUSD PRICE 3682 - 3680⚡️
↠↠ Stop Loss 3686
→Take Profit 1 3674
↨
→Take Profit 2 3668
BUY XAUUSD PRICE 3530 - 3532⚡️
↠↠ Stop Loss 3526
→Take Profit 1 3538
↨
→Take Profit 2 3544
What you do before a trade mattersTo succeed in trading, you need to place yourself in an optimal state as often as possible. It’s not just about the trade itself – it’s about what you do before. Your preparation is what determines how stable and effective you’ll be when it truly counts.
Of course, we can make profits even when we’re not at our best. But the risk is that we start acting in ways that don’t align with our strategy, our process, or our optimal performance. And that builds shaky foundations. For long-term success, you need something stronger.
Here are a few key things to focus on before you enter a trade:
🔋 Recharge your batteries
Trading demands energy and presence. Make sure you’ve filled up your resources before the market opens. Did you get enough sleep? Have you moved your body, worked out, or gotten fresh air? Are you taking breaks to let your brain recover? The more rested and energized you are, the sharper your decisions will be.
⏰ Decide WHEN to trade
Be honest with yourself – when do you perform at your best? Are you sharpest in the morning, or do you focus better later in the day? Do you notice yourself taking risky trades in the evening? Observe your own patterns and schedule your trading during the hours when you’re at your peak.
🚪 Shut out the noise
When you’re in a trade, your full attention needs to be there. Look at what’s stealing your focus. Maybe you should avoid reading chats or forums right before taking action. Do you have an environment where you can sit undisturbed and fully focused? Create the conditions for presence.
🧠 Got other things on your mind? Skip trading
Life always seeps into trading. If something has happened – maybe worry, conflict, or emotional turbulence – it will follow you to the screen. In those moments, it’s often wiser to pause, take care of what’s going on, and return to trading when you feel stable and clear.
Creating an optimal state means viewing trading as a whole – something that spans the entire day, not just the moments you click buy or sell. How you take care of yourself beforehand directly impacts your endurance, focus, and emotional balance.
💡 Pro Tip:
Start observing when you perform at your best. Is it morning or afternoon? Certain days of the week? Collect data on what truly makes a difference – then try to prioritize trading during those times.
Happy compassionate trading! 💙
/ Tina the Trading Psychologist
XAU/USD: Resistance at 3,650 Triggers Potential Pullback SetupXAU/USD has reached the 3,650 resistance zone after a strong bullish rally within its upward channel, but momentum is now stalling. A visible top formation is emerging on the chart, with sellers actively defending this level, suggesting a possible corrective move ahead.
If gold fails to break and sustain above 3,650, the price may retrace toward the next key support at 3,546. While the broader trend remains bullish, near-term momentum indicates a likely pullback phase. Upcoming economic data could also influence whether the market consolidates or corrects from current levels.
Gold - Short term analysis🔹 Pattern Observed
The chart is drawn in Elliott Wave count.
You’ve marked a completed wave (I–II) and projection for III–IV–V downward.
Fibonacci extensions are plotted to project targets.
🔹 Short-Term View
Current price: around 2,628 USD.
Gold looks to have topped and is entering a downward impulse.
Wave III target: around 2,560–2,550 USD.
Wave V final target: around 2,480–2,475 USD (blue fib extension zone).
🔹 Upside/Invalidation
Any sustained move above 2,675 USD (recent swing high) would invalidate the bearish count.
That would imply either extended wave II or a fresh bullish leg.
🔹 Trading Implication
Bias: Bearish while below 2,675.
Entry Zone: 2,625–2,635 (near retracement).
Stop Loss: Above 2,675.
Targets:
T1 = 2,560
T2 = 2,520
T3 = 2,480
This offers ~150–200 point downside against ~50 point risk → 1:3 to 1:4 R:R.
✅ Conclusion
Gold is showing a bearish Elliott Wave setup, with potential for a fall toward 2,480 after breaking 2,560–2,550. Keep SL above 2,675 to protect capital.
⚠️ Disclaimer:
This analysis is provided for educational purposes only. It is not financial advice. Trading in commodities and derivatives carries significant risk of capital loss. Please do your own due diligence or consult a registered financial advisor before making trading or investment decisions.
Gold buy1. Trade Setup Overview
Entry: Around 3645.53
Stop Loss: 3635.54 (approx. 10 points below entry)
Take profit 1:3655
Take Profit2: 3669.77
Risk/Reward Ratio: 2.05
Position Size: 22 contracts
P&L Targets:
Risk: ~11.2 (0.31%)
Reward: ~23.0 (0.63%)
This is a long (buy) trade setup with favorable risk/reward above 2:1.
---
2. Technical Levels
Immediate Resistance (Target Zone): 3669.7 – this aligns with a recent swing high and liquidity cluster.
Immediate Support: 3635.5 – stop placement just below local structure support.
Mid Support: 3641.2 zone – a demand level (highlighted with green boxes / FVG-BPR).
---
3. Market Structure
Price is consolidating with higher lows forming since Sept 9, showing accumulation.
Several fair value gap (FVG) zones have been plotted, acting as liquidity magnets.
Currently, price is bouncing near support and attempting a move toward higher liquidity at