Gold (XAU/USD) Daily Analysis - **ATH Reached** - Whats Next??
Price has been in a strong bullish run, breaking above 3600. Currently, we may see a healthy retracement before continuation higher.
Key demand zone sits around 3500, lining up with a Fair Value Gap (FVG) + 50% Fib retracement.
If price respects this level, we could see a bounce back toward 3640 and potentially higher.
A daily close below 3500 would invalidate this bullish setup and open the door to deeper retracement toward 3440.
📈 Bias: Bullish continuation after pullback.
🎯 Targets: 3600 → 3640.
🔑 Invalidation: Daily close below 3500.
GOLDMINICFD trade ideas
Gold Analysis and Trading strategy
✅ After a continuous rally, gold faced resistance around 3599, with significant short-term selling pressure. The price has moved far from the MA20 (around 3547), creating a short-term deviation. Without continued volume support, there is a risk of a technical pullback. The MACD histogram is shrinking, and both DIF and DEA are flattening at high levels, indicating weakening bullish momentum. The KDJ is in the overbought zone (K > 80) and showing signs of topping out, suggesting an increased probability of a short-term correction.
✅ The 4-hour chart shows that gold’s upward momentum is weakening, with a higher likelihood of sideways consolidation or a minor pullback. Key support lies at 3568–3575, and if this level breaks, the next support to watch is 3540–3550.
🔴 Resistance: 3600–3605
🟢 Support: 3568–3575
✅ Trading Strategy Reference:
🔰 If the price rebounds but fails to break above 3600, consider light short positions with targets at 3570–3550.
🔰 If the price pulls back to 3568–3575 and stabilizes, consider scaling into long positions, targeting another breakout above 3600.
Watch for gold prices: Pressure is building in the 3650-3660 ranWatch for gold prices: Pressure is building in the 3650-3660 range.
The gold market is currently being influenced by both bullish and bearish factors. On the one hand, inflation is showing strong resilience, while on the other, the job market is showing clear signs of weakness.
Market expectations for a Fed rate cut remain firm.
The probability of a 25 basis point rate cut is as high as 91%.
Trump's tough rhetoric toward Russia and Europe, as well as escalating tensions in the Middle East, have increased market uncertainty.
In-depth Technical Analysis:
1: Gold has entered a consolidation phase after reaching a record high, facing short-term directional analysis.
2: The daily chart remains extremely overbought.
3: The lack of further declines on Wednesday suggests that the pullback is a normal correction after a significant rebound.
Even if the market peaks, it won't be that simple. It will at least experience a period of "high-level fluctuations turning bearish" or "a secondary rebound, enticing investors to buy before the decline."
4: The current consolidation may be a preparation for further upward momentum or a significant correction.
5: Upward Resistance:
Short-term focus: $3643-3653-3674; subsequently, focus on the psychological level of $3700.
Downward Support:
Short-term support lies in the $3620-3615 area; key support lies at $3600.
6: Two possible scenarios for the next phase of the trend:
Optimistic Scenario: Gold prices hold the $3615 support level and rise again after the Fed's rate cut, testing $3700 or even higher.
Cautious Scenario: Gold prices will first fall back to the $3550-3600 area for consolidation, digesting recent gains before seeking upward movement.
Today's Strategy:
SELL: 3650-3660
SL: 3672
TP: 3640-3630-3615--3600
BUY: 3635-3640 (Aggressive)
SL: 3630
TP: 3650-3660-3670+
BUY: 3610-3620 (Conservative)
SL: 3600
TP: 3630-3640-3650-3660+
Gold Showed Scenario Setup What Should Next?XAUUSD Gold consolidation Bullish Structure due the Weakening U.S. dollar and falling Treasury yields make gold more attractive (lower opportunity cost of holding a non-yield bearing asset) and boost demand. Also, geopolitical risks / safe-haven demand remain supportive. So yes, the fundamental tailwinds are relatively strong, giving gold a decent chance of pushing higher — assuming no surprise hawkish comments or upside inflation shocks.
Technical situation & your levels
From Previous analysis Price rejects from 3674, and from 3658 → these are resistance zones If price crosses 3658, you see resistance at 3690 If it does not cross, then a bearish trend likely toward 3612 (long-term support) and possibly 3612 (assuming 3580 perhaps?). Let’s map those to what the technical analyses are showing
For your specific level 3674: yes, that appears to be a strong resistance. If gold gets there again, we should scrutinize whether momentum is strong enough to break above it. If it fails there again, that suggests the top might be forming (for now).
Your support of 3612 seems well-drawn: many traders are watching ~3610-3620 as an important support zone. Below that, risks increase.
You may find more details in the chart.
Trade wisely best of Luck Buddies.
Ps Support with like and comments for better analysis Thanks for Supporting.
Risk, Psychology & Performance in Global MarketsPart 1: Risk in Global Markets
1.1 Understanding Risk
In financial terms, risk refers to the probability of losing money or failing to achieve expected returns. Global markets face multiple layers of risk, such as:
Market Risk: The risk of losses due to fluctuations in stock prices, interest rates, currencies, or commodities.
Credit Risk: The possibility that a borrower defaults on debt.
Liquidity Risk: Difficulty in buying/selling assets without affecting their price.
Operational Risk: Failures in systems, processes, or human errors.
Geopolitical Risk: Wars, sanctions, trade disputes, or policy changes.
Systemic Risk: Collapse of interconnected institutions, like the 2008 financial crisis.
Each of these risks interacts differently depending on global conditions. For instance, rising U.S. interest rates strengthen the dollar, creating ripple effects in emerging markets, where currencies may depreciate and capital outflows increase.
1.2 Measuring Risk
Several tools and models measure financial risk:
Value at Risk (VaR): Estimates the maximum potential loss over a certain period with a given confidence level.
Beta Coefficient: Measures stock volatility relative to the overall market.
Stress Testing: Simulates extreme scenarios (e.g., oil at $200 or a sudden war).
Risk-Adjusted Metrics: Like the Sharpe ratio (return vs. volatility) and Sortino ratio (downside risk).
But risk is not just statistical; it is perceived differently across regions and cultures. A European fund manager may worry about ECB monetary policy, while an Asian investor may focus on currency volatility.
1.3 Risk Management Strategies
Global investors adopt multiple approaches:
Diversification: Spreading assets across regions, sectors, and instruments.
Hedging: Using derivatives (options, futures, swaps) to limit downside.
Position Sizing: Allocating only a portion of capital per trade to limit losses.
Stop-Loss Orders: Automatic triggers to exit positions when losses exceed a threshold.
Macro Hedging: Large funds may hedge exposure to entire regions or asset classes.
An important truth: risk can be managed, but never eliminated. The 2008 financial crisis, COVID-19 crash, and Russia-Ukraine war prove that unforeseen shocks can disrupt even the most sophisticated models.
Part 2: Psychology in Global Markets
2.1 Human Behavior and Trading
While quantitative models dominate headlines, human psychology drives global markets more than numbers. Investors are emotional beings, influenced by fear, greed, hope, and regret.
This is why markets often deviate from fundamentals. During bubbles (dot-com in 2000, housing in 2008, or cryptocurrencies in 2021), prices rise far above intrinsic value due to herd mentality. Conversely, panic selling during crashes can push prices far below fair value.
2.2 Behavioral Finance Theories
Prospect Theory (Kahneman & Tversky): People fear losses more than they value equivalent gains — a $100 loss feels worse than a $100 gain feels good.
Herd Behavior: Investors follow the crowd, assuming others know better.
Overconfidence Bias: Traders overestimate their skills, leading to excessive risk-taking.
Anchoring: Relying too much on initial information, like a stock’s IPO price.
Confirmation Bias: Seeking information that supports existing beliefs while ignoring contrary evidence.
Global markets are full of such psychological traps. For example, in 2020, when oil prices went negative for the first time, many retail traders underestimated risks and held losing positions, driven by hope of a quick rebound.
2.3 Emotions in Trading
The two strongest emotions in trading are:
Fear: Leads to panic selling, hesitation, and missed opportunities.
Greed: Encourages over-leveraging, chasing trends, and holding on too long.
Successful global traders learn to master these emotions. The key is not eliminating them (which is impossible) but managing and channeling them into rational decision-making.
2.4 Psychological Challenges in Global Markets
Information Overload: With 24/7 global markets, traders face endless news, data, and rumors. Filtering is essential.
Time Zone Stress: Global traders deal with Asian, European, and U.S. sessions, often leading to fatigue.
Cultural Differences: Risk tolerance varies by region; for example, U.S. traders are often more aggressive than Japanese institutional investors.
Uncertainty Fatigue: Continuous shocks (pandemics, wars, elections) can create stress and cloud judgment.
2.5 Building Mental Strength
To succeed in global markets, traders must build psychological resilience:
Discipline: Following a trading plan and avoiding impulsive actions.
Patience: Waiting for high-probability setups instead of chasing every move.
Emotional Regulation: Techniques like meditation, journaling, or structured routines.
Learning from Losses: Viewing mistakes as tuition fees for education.
Part 3: Performance in Global Markets
3.1 Defining Performance
Performance in markets is not just about absolute profits. It involves risk-adjusted returns, consistency, and sustainability.
For example:
A trader who makes 20% with controlled risk is performing better than one who makes 40% but risks everything.
Institutions are judged by their ability to generate alpha (returns above the benchmark).
3.2 Performance Metrics
Global investors use multiple measures:
Sharpe Ratio: Return vs. volatility.
Alpha & Beta: Outperformance relative to the market.
Max Drawdown: Largest peak-to-trough loss.
Win Rate vs. Risk-Reward Ratio: High win rates are useless if losses exceed gains.
Annualized Returns: Long-term performance consistency.
3.3 Performance Drivers
Performance in global markets depends on:
Knowledge: Understanding global economics, geopolitics, and industry cycles.
Execution: Timing trades and managing entries/exits.
Technology: Use of AI, algorithms, and big data for competitive edge.
Psychological Stability: Avoiding impulsive mistakes.
Risk Management: Limiting losses to survive long enough to benefit from winners.
3.4 Institutional vs. Retail Performance
Institutional Investors: Hedge funds, sovereign wealth funds, and pension funds have resources, research, and advanced tools, but are constrained by size and regulations.
Retail Traders: More flexible and agile, but prone to overtrading and psychological traps.
Both must balance risk, psychology, and performance — though in different ways.
Conclusion
Risk, psychology, and performance are the three pillars of global market participation.
Risk reminds us that uncertainty is inevitable and must be managed wisely.
Psychology teaches us that emotions shape markets more than numbers.
Performance highlights that success lies not in short-term gains but in consistent, risk-adjusted returns.
The integration of these factors is what separates amateurs from professionals, and short-term winners from long-term survivors.
As global markets evolve with technology, geopolitics, and changing investor behavior, mastering these three elements will remain the ultimate edge for traders and investors worldwide.
Price rejects the 3,660 resistance → correction toward 3,560 → 3XAU/USD Chart Analysis (H1 timeframe)
Here’s the English version of the breakdown:
1. Main Trend
Gold has been in a strong uptrend, moving from the 3,330 → 3,660 USD zone.
The red trendlines form a steep ascending channel.
However, around the 3,660 resistance level, price shows signs of stalling.
2. Chart Pattern
A Rising Wedge pattern can be identified.
This is typically a bearish reversal signal once price breaks below the lower trendline.
The blue arrows highlight a potential move: strong push up → rejection → pullback to retest support.
3. Fibonacci Retracement
Key retracement levels:
0.236 ≈ 3,360
0.382 ≈ 3,420
0.5 ≈ 3,480
0.618 ≈ 3,520
0.786 ≈ 3,560
Currently, price is testing the 0.786 zone (3,560–3,580). A break lower could trigger a deeper correction.
4. Short-Term Scenarios
Scenario 1 (preferred): Price rejects the 3,660 resistance → correction toward 3,560 → 3,520 → 3,480.
Scenario 2 (less likely): If price breaks above 3,660 with strong volume, it may extend toward 3,700.
5. Trading Strategy (for reference)
Short entries: 3,640–3,660
Stop Loss: above 3,680
Take Profit: 3,560 → 3,520 → 3,480
Long entries: Only if price sustains above the trendline and breaks 3,660 with strong bullish momentum.
👉 Summary: Gold is facing heavy resistance at 3,660. The broader trend is still bullish, but short-term signals suggest a potential pullback toward the 0.618–0.5 Fibonacci zones (3,520–3,480).
Gold Trading Strategy for Monday✅ After a continuous rally, gold faced resistance around 3599, with significant short-term selling pressure. The price has moved far from the MA20 (around 3547), creating a short-term deviation. Without continued volume support, there is a risk of a technical pullback. The MACD histogram is shrinking, and both DIF and DEA are flattening at high levels, indicating weakening bullish momentum. The KDJ is in the overbought zone (K > 80) and showing signs of topping out, suggesting an increased probability of a short-term correction.
✅ The 4-hour chart shows that gold’s upward momentum is weakening, with a higher likelihood of sideways consolidation or a minor pullback. Key support lies at 3568–3575, and if this level breaks, the next support to watch is 3540–3550.
🔴 Resistance: 3600-3605
🟢 Support: 3550-3560
✅ Trading Strategy Reference:
🔰 If the price rebounds but fails to break above 3600, consider light short positions with targets at 3570–3550.
🔰 If the price pulls back to 3560–3570 and stabilizes, consider scaling into long positions, targeting another breakout above 3600.
🔥Trading Reminder: Trading strategies are time-sensitive, and market conditions can change rapidly. Please adjust your trading plan based on real-time market conditions. If you have any questions or need one-on-one guidance, feel free to contact me🤝
GOLD: Absolute Price Collapse Ahead! Short!
My dear friends,
Today we will analyse GOLD together☺️
The market is at an inflection zone and price has now reached an area around 3,589.77 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move down so we can enter on confirmation, and target the next key level of 3,580.33.Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
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 Price Analysis September 5On the larger time frame, the current wave structure is quite difficult to clearly identify, so we temporarily switch to the H1 analysis.
At this point, the 3355 zone is an important barrier in the short-term trend. With the bullish momentum of the candle, it is likely that this level will soon be broken, opening up an opportunity for the price to move towards the historical peak of 3575, and may even extend to 3610 today.
On the contrary, the correction scenario will only be triggered when the 3540 zone is broken, in which case the price may retreat to the important support level of 3514. If 3514 continues to be broken, the downward correction trend will be confirmed.
📌 Reference strategy:
BUY when the price breaks through 3355 (according to the breakout system).
BUY DCA when it crosses 3375, long target towards 3610.
SELL only activates if the trendline at 3340 is broken, target around 3515.
XAUUSD: Very Risky for Either SideXAUUSD has recently seen a strong move to the upside. But I believe that is about to end.
A correction after such a move up is high probability, as price is starting to show early signs that sellers are stepping in discreetly.
I would target a level at around 3,400. But only price will give us some obvious signs of selling pressure first.
And, if price gives us a confirmation cue here, that might be the signal to get involved: not just in candlestick structure but also in volume behavior.
The second scenario, would be for the move to continue more to the upside, but that would require a bigger effort from the buyers.
Leave a comment if you agree, or disagree.
GOLD - Ascending Triangle into new All Time HighMarket Context
Gold has been steadily climbing, forming an ascending triangle pattern over the past few months. Buyers continue to defend higher lows, while sellers repeatedly reject price near resistance. This type of structure often signals building pressure, with volatility likely to expand once a breakout occurs.
Consolidation Phase
The range between the ascending support trendline and the horizontal resistance has created a textbook consolidation. Each bounce off support shows accumulation, while the repeated touches of resistance highlight where liquidity is building. The longer price compresses within this pattern, the more explosive the eventual breakout is expected to be.
Bullish Breakout Scenario
If price manages to break above resistance and sweep the all-time high, it would likely trigger a wave of liquidity from trapped shorts and breakout buyers entering. This move could fuel momentum into fresh price discovery, validating the ascending triangle as a bullish continuation pattern. The sweep of liquidity above ATH could serve as the catalyst for acceleration toward new highs.
Bearish Retest Scenario
On the other hand, if resistance holds once again, a deeper retracement back toward the ascending trendline is likely. This would test the conviction of buyers and determine whether the trendline support continues to act as the foundation for the structure. A clean break below support would weaken the bullish outlook and signal a potential shift in momentum.
Final Words
Patience here is key — ascending triangles often test traders’ resolve before making their decisive move. Let the market reveal its hand before committing to either direction.
If you found this breakdown helpful, a like would be much appreciated! Drop a comment and let me know: are you expecting the breakout to bring new highs, or do you see sellers defending this level once again?
Gold Pushes Into Resistance Ahead of Jobs TestGold is edging back towards its April highs, pressing into a key resistance zone just as traders brace for another critical US jobs report this Friday. With the dollar under pressure and Donald Trump clashing with the Federal Reserve, gold is firmly in the spotlight this week.
Trump erodes dollar with central bank attack
Donald Trump’s latest clash with the Fed has taken a toll on the greenback. The decision to sack Fed governor Lisa Cook, combined with fresh attacks on chair Jay Powell, has fuelled concerns that central bank independence is being undermined. Markets reacted by pulling down short-term yields while bidding up the long end, steepening the curve in a way that has historically given gold an extra lift.
Attention now turns to Friday’s non-farm payrolls report. July’s data was weak, with only 73,000 jobs created and sizeable downward revisions to earlier months. That stumble pushed markets to start pricing a September rate cut, with traders now braced for August’s numbers to confirm or challenge that view. Economists are pencilling in a modest rebound, but the risk is tilted to the downside. Another miss would strengthen the case for near-term easing, keeping pressure on the dollar and giving gold a chance to test resistance. Stronger data, by contrast, could stall momentum and leave the metal struggling once again at the highs.
Technicals point to a pivotal test
On the daily chart, gold has spent the summer grinding higher, with the 50-day moving average providing steady support. Price remains comfortably above the rising 200-day average, which keeps the broader uptrend intact. The latest push has carried the metal back into the resistance zone created by the April swing highs and reinforced by repeated peaks during the summer. Those April highs are the line in the sand. A clean break above would finally signal that the long summer consolidation is drawing to a close.
Gold Daily Candle Chart
Past performance is not a reliable indicator of future results
The weekly chart frames this even more clearly. After its powerful rally earlier in the year, gold settled into a wedge-shaped consolidation of narrowing highs and rising lows — essentially a coiled spring. The market is now pressing against the top of that wedge, leaving it on the verge of resolution. A weekly close above resistance would confirm the breakout and open the path to continuation of the long-term uptrend. A failure here, however, would extend the squeeze and test the patience of the bulls once again.
Gold Weekly Candle Chart
Past performance is not a reliable indicator of future results
Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. Social media channels are not relevant for UK residents.
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A review after 53 months!On April 11th, 2021 I published this analysis which I believe is second to none for timing and price target accuracy!
Gold is money. Everything else is credit. (J. P. Morgan)
Gold has at least 5000 years of history, so this is just an analysis based on the last 1% ..!
It is obvious that Gold's past 2 bullish rallies last for 10 years..! and I believe we are in the middle of the 3rd one which could push Gold's price to 3500-4000 USD/oz in the next 4-5 years.
If you do simple research about the corrected value of gold based on the inflation after lifting the gold standard. (In August 1971, Nixon severed the direct convertibility of U.S. dollars into gold. With this decision, the international currency market, which had become increasingly reliant on the dollar since the enactment of the Bretton Woods Agreement, lost its formal connection to gold.)
A long-term US dollar gold price since 1700, inflation-adjusted by the US Consumer Price Index (CPI-U) from the Bureau of Labor Statistics.
shows based on this CPI adjustment, that the all-time real high of the US dollar gold price was in January 1980 at the US $ 3045 per troy ounce.
Gold's Market Cap
Estimated Market Cap: $11.055 T
The Market Capitalization of Gold is currently around $11.055 T.
This value was obtained by multiplying the current gold price ($1,740 per once) with the worlds' above-the-ground gold reserves.
The amount of above-ground reserves for Gold are estimated to be around 197,000 metric tonnes according to the World Gold Council. Note that the estimated ground Gold reserves can vary by up to 20% from one source to another.
As a consequence, it is safe to say that the current Market Cap of Gold is between $8.844 T and $13.265 T.
Gold 09/09 - Waiting for a pullback to Buy safely| New ATH ahead🔎 Captain’s Log – News Context
FED : The probability of a September rate cut is now almost certain, reinforcing confidence that flows will continue moving into Gold.
Dollar : Dropped to a 7-week low due to FED rate cut expectations, adding further support for Gold.
US Economic Data : No major news today, the market focus remains on interest rates.
⏩ Captain’s Summary: Gold remains in a strong uptrend. However, Vincent advises waiting for a pullback into support to Buy safely , avoiding chasing price at higher levels.
📈 Captain’s Chart – Technical Analysis
Storm Breaker (Resistance / Sell Zone) :
Quick Boarding: 3654 – 3656 (Short-term Sell scalp)
Storm Breaker Peak: 3673 – 3675 (Sell zone – potential new ATH)
Golden Harbor (Support / Buy Zone) :
Buy Scalp Dock: 3615 – 3617
Main Golden Harbor: 3597 – 3599 (Strong support)
Price structure remains bullish after multiple BOS – Break of Structure. Current highs may trigger short-term profit-taking waves before Gold pulls back to Golden Harbor and then rallies toward ATH 367x .
🎯 Captain’s Map – Trade Scenarios
✅ Golden Harbor (BUY – Priority with trend)
Buy Scalp: 3615 – 3617 | SL: 3598 | TP: 3620 → 3623 → 3626 → 3630 → 36xx
Main Buy Zone: 3597 – 3599 | SL: 3589 | TP: 3660 → 3663 → 3666 → 3670 → 36xx
⚡ Quick Boarding (SELL Scalp – Only at resistance)
Sell Zone 1: 3654 – 3656 | SL: 3662 | TP: 3650 → 3647 → 3644 → 3640 → 36xx
Sell Zone 2 – Storm Breaker Peak (ATH test): 3673 – 3675 | SL: 3682 | TP: 3670 → 3667 → 3664 → 3660 → 36xx
⚓ Captain’s Note
“The interest rate winds from the FED continue to power the Golden sails. Golden Harbor 🏝️ (3597 – 3599) is the safe haven for sailors trusting the bullish tide. Quick Boarding 🚤 (3615 – 3617) is just a short ride before the voyage resumes. Storm Breaker 🌊 (3654 – 3675) may bring big waves, but it’s only suitable for technical scalps – as the main current still carries Gold toward new highs.”
Gold Potential Reversal Ahead - Gold Sell OpportunityGold is currently trading around 3647 after making a strong bullish move. Price has reached near a weak high zone and is showing signs of exhaustion, which indicates a possible retracement. The immediate resistance at 3659 has created a weak high. If Gold fails to sustain above this level, sellers are likely to step in, pushing price down toward the levels at 3620 – 3604. A confirmed rejection candle around the sell zone will act as the sell trigger, with 3578 as a deeper bearish target if momentum increases.
🔑 Key Levels to Watch:
- Resistance: 3687 – 3712
- Support: 3,628 - 3600
📌 Sell Zone & Sell Trigger:
- Sell Zone: 3670 – 3685 area
- Sell Trigger: A rejection candle or confirmation of failure to break above 3670 – 3685 zone.
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!
RSI Dip + Morningstar on M15 - Tokyo (2)Following earlier winning trade, I got back in on gold's bullish run. Confluences were RSI dip and Morningstar candle pattern. MACD is only lightly bearish, looks like it will flip back bullish again shortly which will provide further confirmation in due course.
For educational purposes only, not financial advice.
Gold may make correction, after strong upward movementHello traders, I want share with you my opinion about Gold. The prolonged period of consolidation for Gold has decisively resolved to the upside, following a powerful breakout from a multi-week symmetrical wedge. This event signalled a clear shift in market control to buyers, invalidating the prior ranging environment and initiating a new, impulsive bullish phase. The price action for XAU since the breakout has been characterised by a strong, high-momentum rally that has pushed the asset to new highs. Currently, this upward movement appears to be overextended, suggesting that the market may be due for a healthy corrective pull-back. The primary working hypothesis is a short, counter-trend scenario designed to capture this anticipated correction. The expectation is that the current rally will soon find a peak, exhaust itself, and undergo a sharp decline back towards the breakout point. This corrective fall would be a natural part of a healthy uptrend, allowing the market to test the old resistance as new support. Therefore, the TP is logically placed at the 3420 level. This target is highly significant as it corresponds precisely with the current support level and the support area where the breakout originated. Please share this idea with your friends and click Boost 🚀
Gold Technical Analysis – The Pullback DeepensHi everyone, let’s take a closer look at XAUUSD today!
Gold is still trading inside a broad upward channel, but momentum has slowed and the market is now in a corrective phase. After a strong rally, the pullback looks natural — with eyes on the 3,500 zone, where multiple supports converge: horizontal, trendline, and the 0.618 Fibonacci level.
This area is the real battleground. Hold the line, and buyers may step back in with force. Lose it, and the bullish structure breaks, paving the way for a deeper decline.
Stay sharp, validate your setups, and keep risk under control.
Good luck out there!