XAUUSD – Weekly Technical Update | October 23, 2025🟡 XAUUSD Weekly Update | 23 October 2025
Gold reached a new all-time high at 4381, marking the potential completion of wave (5) within the broader impulsive cycle.
Following this strong rally, price action is now entering a corrective phase, suggesting a temporary pullback before the next major directional move.
🔹 Main Scenario – Corrective Wave Developing
After reaching 4381, gold started to form a potential A–B–C correction from the top of wave (5).
The first leg of the correction (wave A) appears to be developing, signaling profit-taking and short-term exhaustion among buyers.
A short-term retracement toward structural support areas could provide a new accumulation zone before the next bullish impulse.
🔸 Alternative Scenario – Extended Consolidation
If selling pressure persists, the correction may extend into a broader range structure before resuming the uptrend.
Only a confirmed daily close below key support (former breakout base) would suggest a deeper retracement phase.
📊 Overall Outlook
Gold remains technically bullish in the medium term despite the current pullback.
This retracement from 4381 is viewed as a healthy correction within the dominant uptrend.
Traders should watch for stabilization signals near support as potential re-entry zones for the next upward wave.
Gold reached a new ATH at 4381 before entering a corrective phase ⚠️
Short-term pullback expected — but the medium-term structure remains bullish.
#XAUUSD #GOLD #WaveAnalysis #ElliottWave #GoldForecast #TradingView #PriceAction
Trade ideas
Gold Price Outlook | Buyers Stay in Full ControlGold remains firmly positioned within its broader bullish trajectory, supported by consistent demand from both institutional and retail investors. The market has shown strong resilience, forming a well-defined higher-low structure, which reflects continued accumulation. Price action indicates that buyers are confidently stepping in after each controlled pullback, maintaining upward momentum.
The current market tone favors continuation toward the 4,180–4,250 range if momentum persists. Short-term retracements into the 4,070–4,090 area may offer new buying opportunities for position traders aligning with the prevailing trend. Macroeconomic factors such as ongoing inflation concerns, geopolitical instability, and cautious monetary policy stance continue to underpin gold’s strength.
Gold Uptrend in DangerGold is approaching a potentially important moment that could either reinforce the bullish trend or set the stage for a corrective move lower, pushing back towards the intersection of long-running uptrend support and minor horizontal support at $4060.
Twice last week, the price tested this support zone only to bounce strongly, including last Friday when a hammer candle printed on the daily chart. That only reinforces its importance. However, with a three-candle evening star forming if Monday’s candle finishes near current levels, and with RSI (14) and MACD pointing to rapidly diminishing upside strength, directional risks are shifting quickly lower. A break beneath the uptrend, especially on a close, may signal gold has begun a new trend, putting downside levels in play.
If a bearish break occurs, traders could sell with a tight stop above the uptrend to protect against reversal, targeting the psychologically important $4000 level initially. If that gives way, $3950 and $3895 are other nearby support levels, providing multiple target options depending on desired risk/reward.
Alternatively, if the support zone continues to hold, the setup could be flipped with longs established above the trendline and a stop below for protection. $4100 has seen some action recently over shorter timeframes, as have $4155 and $4180. All screen as possible targets.
Good luck!
DS
After the gold shock, there may be a chance to break below 4000
News:
Last Friday, the US released CPI data. The reported decline in the figure supports the Fed's interest rate cut, which is bullish for gold, pushing it as high as 4135. However, the overall gain was not particularly strong, with continued volatility due to the limited rebound in the data, closing around 4114.
Next week will be the Fed's interest rate decision. Next week is the Federal Reserve’s interest rate decision. A rate cut is a foregone conclusion, and the extent of the positive impact is already limited. The increase before and after the data is released is estimated to be small. Therefore, after the volatility, I am optimistic that the gold price will weaken and fall next week, and it may break below the 4,000 mark. The idea is to rebound and short.
Specifically:
After the double top of gold in 4 hours, gold still fluctuated back and forth under the pressure of the neckline of the double top in 4 hours. Although the CPI was bullish for gold on Friday, it did not allow the gold bulls to break through 4160. This shows that the gold bulls are still under pressure in the short term, and gold will continue to fluctuate in a large range. If gold cannot break through 4160 at the beginning of next week, it will still be bearish, and we will continue to pay attention to the support around 4000.
If gold is stimulated by safe-haven news next weekend or directly breaks through 4160, then gold bulls may start to fight back and continue to go long at that time.
Trading strategy:
Buy: 4135-4125, SL: 4145, TP: 4105-4080
GOLD – Wave 2 ABC Correction Setting Up a Major Sell OpportunityBased on the current market structure, Gold appears to be completing a Wave 2 retracement, forming a clear ABC corrective pattern. I expect Wave C to complete within the 50% – 61.8% Fibonacci retracement zone of the previous impulse move:
📍Fibonacci Sell Zone
50% Fib: 4195
61.8% Fib: 4239
This region is key and acts as the last line of defense for bears before a deeper Wave 3 decline unfolds.
Trade Plan (Conditional)
I will be looking for bearish confirmation signals in the zone:
✔ Strong rejection wick
✔ Bearish engulfing candle
✔ Structure break on lower timeframes
Once confirmation is seen, my primary downside target is: 🎯 TP: 3435 (Previous major structure support + Fibonacci extension confluence)
❌ Invalidation
A sustained breakout and daily close above 4245 would invalidate this view and imply Wave 2 may continue higher or that the impulse count must be reconsidered.
Bullish Scenario (Primary Setup): Entry (Buy Zone): 4,180 – 4,2Technical Overview:
Gold is currently in a retracement phase, testing a strong BUY ZONE between 4,180 – 4,200.
This zone has previously acted as a major support area, where buyers stepped in.
The chart shows a possible bullish reversal pattern forming near this zone, suggesting a potential rebound.
🟩 Bullish Scenario (Primary Setup):
Entry (Buy Zone): 4,180 – 4,200
Target: 4,384
Stop-Loss: Below 4,160
Rationale:
The buy zone aligns with previous price reactions, confirming strong demand.
Wick rejections around 4,190 indicate buyer interest.
Price action suggests a possible V-shaped recovery or higher-low formation before continuation upward.
🟥 Bearish Scenario (Alternative):
If price closes below 4,160, the support zone will be invalidated.
In that case, exp TFEX:KKP1! TFEX:DELTA1! TFEX:JPY1! TFEX:EURUSD1! TFEX:GD1! TFEX:GF1! TFEX:USDJPY1! TFEX:GF101! TFEX:SVF1! TFEX:GO1! ect further downside toward 4,120 – 4,100.
⚙️ Summary Table:
Parameter Value
Trend Bias (Short-Term) Neutral to Bullish
Key Support (Buy Zone) 4,180 – 4,200
Target 4,384
Stop-Loss Below 4,160
Risk–Reward Ratio ≈ 1:3
📊 Conclusion:
Gold (XAU/USD) is approaching a critical support zone. As long as the price holds above 4,160, a bullish rebound toward 4,384 remains likely. However, a confirmed break below this level could trigger a deeper correction. TFEX:KEX1! TFEX:ICT1!
Gold Price Analysis - Gold Breakout Levels 4200 vs 4040Gold is trading inside a tightening rising channel after forming a strong higher timeframe rejection from the ATH which pushed price into a corrective phase. Buyers have repeatedly defended the strong support zone near 4000-3980 creating a false breakout low followed by a controlled recovery showing that demand remains active.
However, each rally into the weak-high resistance at 4160-4200 has shown fading momentum meaning sellers are still protecting this zone aggressively. Until price breaks out with a clean close and retest above this resistance gold will remain in a neutral to slightly bullish consolidation phase driven by stop hunts and choppy movements inside the channel.
A successful breakout above 4200 can trigger a bullish continuation toward 4240 then 4320-4360 and possibly back to the ATH zone while a breakdown below 4040 rising support would shift the structure bearish again exposing the 3980 demand and potentially a deeper drop to 3900 if buyers fail there.
In simple terms buyers still control support, sellers still control resistance and the next big move will come once one of these critical levels breaks with strength.
✅ Option 1-Strong Bullish Bias
Gold is still respecting the rising channel and defending the strong support zone around 4000-3980. As long as price stays above the rising trendline bullish structure remains valid. A clean breakout above 4160-4200 will confirm continuation toward 4240 → 4320 → ATH retest. Buyers are still in the game, waiting for the breakout.
✅ Option 2-Neutral to Bullish
Gold is consolidating inside a rising channel after rejecting the ATH. Support remains strong around 4000-3980 while sellers continue to defend 4160-4200. A breakout on either side will define the next major move. Above 4200 bullish continuation toward 4240 and 4320+. Below 4040 deeper pullback toward 3980 and possibly 3900.
✅ Option 3-Neutral to Bearish
Gold is struggling to break above 4160-4200 showing seller strength at the top of the range. If price fails again and breaks below the rising channel near 4040 downside can accelerate toward 3980 and 3900 for liquidity. Bulls must hold support to avoid a deeper correction.
Gold remains trapped between 4040 support and 4200 resistance inside a rising wedge. Buyers holding strong at the bottom but sellers still defending the top. Break above 4200 bullish continuation toward 4320. Break below 4040 bearish move to 3980-3900. Still a range waiting for breakout confirmation.
Note
Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
GOLD XAU/USD: Wave ((1)) Near Completion - Wave 2 Zigzag vs Flat GOLD: WAVE ((1)) COMPLETE - WHAT'S NEXT?
Wave ((1)) nearly finished at ~$3,989. Next: Wave ((2)) correction
to the $4,250 area. But which pattern?
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
ZIGZAG (60% Probability) Pattern: A-B-C (sharp, V-shaped)
• Wave (A): Sharp 1-2-3-4-5 impulse
• Wave (B): Brief recovery (~30-40% of wave A)
• Wave (C): Sharp impulse (~equal to A or 1.618x A)
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
FLAT (40% Probability) Pattern: A-B-C (sideways consolidation)
• Wave (A): Moderate move
• Wave (B): Recovery that reclaims wave A (~80-120% of A)
• Wave (C): Normally sharp 1-2-3-4-5 impulse (~50-120% of A)
If price retraces 100% of wave 1 (above $3,956) Structure INVALID
MY BIAS: ZIGZAG
Wave 1 was powerful → Sharp corrections follow
Support: $3,956 (invalidation level)
Resistance: $4,150 - $4,200 - $4,250
IMPORTANT ELLIOTT WAVE RULES FOR WAVE 2:
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
✓ Wave 2 CANNOT retrace more than 100% of wave 1 (invalidation rule)
✓ Wave 2 CANNOT be a triangle (only B and (iv) can be triangles)
✓ Wave 2 CANNOT be a combination beginning with a zigzag
(combinations only if starting with a flat)
These rules help us eliminate possibilities and confirm structure.
Gold:The main strategy is to go shortToday the gold rebounded to a high of around 4144.5 before coming under pressure and declining. It then fluctuated after touching a low of around 4070.
Regarding the current market trend, it is recommended to mainly trade based on technical trends: look for opportunities to go short when rebounds are under pressure. After all, the recent pullback and adjustment of the bullish trend have not yet come to a complete end.
As the U.S. government shutdown continues, some important economic data has entered a vacuum period, leading to widespread market speculation. Currently, a series of major news events—including China-U.S. trade relations, geopolitics, and the Federal Reserve's interest rate cuts—are all affecting market sentiment. After gold plummeted sharply at the start of the week and held the 4000 level, the bulls launched repeated counterattacks.
However, the sustainability of this bullish momentum appears weak for now: gold surged to around 4144 in the morning session but came under pressure again, and has now broken below the 4100 level, turning weak in the short term with further downside potential.
For resistance levels, pay attention to the short-term pressure around 4145-4150; for support levels, keep an eye on the short-term support around 4065-4070,At the same time, we must also be wary of Black Friday. If the support level is broken, gold is likely to continue falling to around 4000.
Since gold is under pressure and struggling to break through, the main trading strategy should be to go short when rebounds encounter pressure. Avoid trading in the middle range adopt a "wait and see" approach and refrain from chasing trades impulsively. Instead, wait patiently for key levels to enter positions.
💎Trading Strategy:
Buy 4060 - 4070
SL 4050
TP 4080 - 4100 - 4120
Sell 4100 - 4110
SL 4120
TP 4080 - 4070 - 4060
Daily-updated accurate signals are at your disposal. If you run into any problems while trading, these signals serve as a reliable reference—don’t hesitate to use them! I truly hope they bring you significant assistance
GOLDPreferably 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 ;)
XAU LongsOkaaaay, got busted out the last long set after coming in hot from shorts 🥵 !!!
Looking for longs with same targets from previous post. $4318 is coming back I guarantee it and will be on way once $4150 gets the closures…
If you paid any attention to previous posts I did mention $4141 was the target if she was to roll over with extremes into $4011 📍
Asia delivered with a sharp reaction and we currently need the lows printed to sustain.
Major handle here is $3983 and can be driven back however if the low is the target with a max low end into $3938 so allow and leave room to layer in. 🧠
Above is a second profile at $4108 and if she gets over with closures i believe she will work on $4150 to settle then the blender begins where I think we will start consolidating/charging up for release on CPI…
Full target remains at $4484.74
Let’s see how we go people!!!!
🫶🏽🫶🏽🫶🏽
Gold faces a technical correction – watching 4185–4190 zone📊 Market Overview:
Gold (XAU/USD) fell sharply from 4260 to 4190 during the Asian–European sessions before stabilizing near 4195. Selling pressure came mainly from rising US bond yields and a stronger USD. However, the 4185–4190 support area may trigger technical buying in the upcoming US session.
📢Technical Analysis:
• Support: 4185 – 4178 – 4162
• Resistance: 4212 – 4230 – 4250
• Price remains below the EMA50 (H1), keeping the short-term bias bearish.
• Narrowing candles on H1 suggest market compression ahead of the US session.
• A close below 4185 could extend losses toward 4170–4160; holding above may trigger a rebound to 4210–4230.
💡 Outlook:
Gold is in a corrective phase with sellers still dominant. The 4185–4190 zone is a key short-term pivot for direction confirmation.
🎯 Trade Idea:
🔻 SELL XAU/USD : 4225–4228
🎯 TP: 40 / 80 / 200 pips
🛑 SL: 4231
XAUUSD (Gold) – Bearish Rejection from Supply Zone!
Gold is showing a clear reaction from the 4,350–4,360 USD supply zone (highlighted in red). After multiple rejections, price is struggling to break higher — signaling that sellers are taking control once again.
On the 1H timeframe, we can see strong bearish candles forming right after testing the resistance zone, confirming a potential reversal setup.
🔍 Market Structure Analysis:
Resistance (Supply Zone): 4,350–4,360 USD
Support (Demand Zone): 4,170–4,200 USD
Current Price: ~4,342 USD
Trend Bias: Short-term bearish
Confirmation: Consecutive lower highs and rejection wicks at resistance
📊 Possible Scenario: If sellers maintain momentum, we could see price push down toward the green demand zone (4,170–4,200) — the next key area where buyers previously stepped in.
This level aligns with previous liquidity sweep and demand re-test structure, making it a high-probability target for short-term traders.
💡 Trading Plan:
Entry: After a confirmed break below 4,320 or bearish retest
Target: 4,200 USD
Stop Loss: Above 4,360 zone
Risk/Reward: Around 1:3 depending on entry confirmation
⚠️ Note: Always wait for candle confirmation before entering. The market could still consolidate before making the next move. Manage risk wisely.
---
🧠 Bias Summary:
📍 Gold remains bearish as long as price stays below 4,360 resistance zone.
📍 Next key target sits around 4,200 demand zone.
---
💬 What’s your view on Gold this week?
Do you think buyers will defend the 4,200 zone again, or are we heading lower? Drop your analysis below 👇
#XAUUSD #Gold #PriceAction #SupplyAndDemand #SmartMoneyConcepts #TradingView #ForexAnalysis
Gold remains strongly bullish🟡 Gold remains strongly bullish!
Both the RMBS Smart Detector and TSD (Trend Strength Detector) indicators are showing strong bullish momentum.
The $4,000 area looks like a solid support and could be an attractive entry point for those who missed the rally.
This post is for educational purposes only and not financial advice.
Is the plunge in gold prices a trend or a correction?
News:
Recent fiscal and political uncertainty in the United States continues to linger, with the recurring risk of a government shutdown and the slow pace of fiscal negotiations disrupting economic data releases and expectations management. On the monetary policy front, market expectations for further Fed rate cuts persist, forming a "mildly dovish" psychological anchor alongside the Fed's forward guidance. This limits the upward potential for real interest rates, favoring gold, a non-yielding asset. Meanwhile, geopolitical tensions remain, reinforcing the value of safe-haven assets. Furthermore, any unexpected surprises in the upcoming US inflation report could trigger a repricing of the interest rate path, potentially significantly increasing short-term volatility.
The dollar's temporary strength is primarily driven by the resilience of the equity market and the stickiness of short-term yields. However, this "strength" reflects more of a short-term suppression than a trend reversal. If inflation and growth weaken marginally, or if the market re-prices its assumption of two rate cuts, the dollar will have room to retreat, and gold could gain additional momentum.
Specifically:
Structural bullish: From a long-term perspective, gold prices have completed a large M-shaped upward trend. If they fail to break below the effective support level of 4100, the theoretical target range could gradually move towards 4200-4300 (corresponding to the linkage between trend continuation and rising risk premiums). This path relies on the macroeconomic combination of continued geopolitical uncertainty, falling inflation, and lower interest rates, which has not been overturned.
Trading strategy:
Buy: 4085-4075, SL: 4060, TP: 4145-4180
Gold key Levels (4200$ - 4500$)All previous upside levels up to $4300 have been successfully reached (100% Winrate). Below are the next target levels up to $4500.
Trading Strategy:
- If a candle closes above any of these levels, enter a buy position.
- If a candle closes below any level, enter a sell position.
- In case of a rejection at any level, wait for the next candle to close above or below the rejection candle before taking a position.
Are AI Comments Taking Over TradingView?Lately, I’ve noticed a pattern in many idea comment sections — perfectly structured replies that sound smart but feel… robotic.
It made me wonder how much of the community interaction we see here is actually human anymore.
🔍 Why it matters
TradingView was built around discussion and idea sharing.
But if AI tools start filling comment sections, it becomes harder to tell whether you’re learning from real traders or just reading automated feedback.
💡 How to spot AI-generated comments
Too polished: Sentences are perfectly balanced, emotionless, and often repeat the same structure.
Generic praise: “Great analysis, thanks for sharing!” — repeated under hundreds of different tickers.
No real chart feedback: They never mention levels, entries, risk, or timing.
Repetitive language: Look for identical sentences or phrases across multiple ideas.
🧭 Why I wrote this
This isn’t to criticize anyone — I actually use AI for research myself.
But I believe human experience, real charts, and emotion still matter in trading.
AI can support us, but it shouldn’t replace our community.
📣 What do you think?
Have you noticed more AI-style comments lately?
Do you think they help, or do they make it harder to learn from others?
Follow if you want more educational posts about real market logic, trading psychology, and tech’s impact on trading.
#AI #tradingview #education #markets #tradingpsychology #daytrading #stocks #community
XAUOkay!!! Big charge ups as of late. Took an unnecessary BE from the breach of 54!!!
Next…..
Super Handle Interactions.
$3983!!!!!
The low is either printed OR we sweep with a drip into $3941 before reclaiming $3983!!!
Either way this is not staying down here by Thursday and if we get the flip, we can hold with confidence into NOV 3rd 📍
Safest bet. Let $4025 get the closures and she’ll be on her way.
Currently layering in, second drops are for $3941.
Let’s see how we go!!! 🫶🏽💵






















