Gold Analysis:Seize every pullback buying opportunityOn the daily chart, gold continues to maintain a relatively stable upward trend along its short-term moving average. Within a few hours, it retreated to around 3511 before rebounding to around 3558, completing a correction. The current trend shows no signs of a peak, and bullish momentum remains to reach new all-time highs.
Technical Analysis
On the hourly chart, after continuous fluctuations, the technical pattern has begun to recover. The short-term moving average has gradually diverged upward, and the K-line chart has begun to maintain a slight upward trend along the short-term moving average, suggesting potential for a sustained rebound in the short term. On the 4-hour chart, the price is currently in a period of consolidation and correction at a high level. Keep an eye on resistance around 3565 in the short term.
Trading Recommendation: Invest in small positions at 3539, 3324, and 3510, opening multiple long positions. Target prices are 3560/3580, with a breakout to target new highs.
GOLDMINICFD trade ideas
XAUUSD SELL NOW 3537🟠 XAUUSD – Bearish Setup at 3537 Short Opportunity
Gold has reached a key resistance zone around 3537, aligning with prior supply and overbought conditions on intraday indicators. Price action shows signs of exhaustion after a strong bullish leg, with divergence on RSI and volume tapering off.
🔻 Trade Idea: SELL XAUUSD @ 3537
- Entry: 3537
- Stop Loss: 3548 (above recent swing high)
- Take Profit: 3505 / 3480
- Risk/Reward: ~2:1
📉 Technical Confluence:
- Rejection from upper Bollinger Band
- Bearish engulfing candle on 1H
- MACD crossover signaling downside momentum
- Fib 61.8% retracement zone from last swing
💡 Narrative:
With rising Treasury yields and hawkish Fed tone weighing on gold, this setup favors a short-term correction. A break below 3525 could accelerate downside toward 3480 support.
GOLD: Bullish Continuation & Long Signal
GOLD
- Classic bullish formation
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Buy GOLD
Entry Level - 3538.2
Sl - 3530.0
Tp - 3552.6
Our Risk - 1%
Start protection of your profits from lower levels
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XAUUSD: Market Analysis and Strategy for September 4th4-Hour Chart: Resistance: 3580, Support: 3452
1-Hour Chart: Resistance: 3563, Support: 3510
30-Minute Chart: Resistance: 3546, Support: 3526
Gold has closed higher for seven consecutive trading days. With the expansion of daily gains, bullish momentum has continued. The overall daily moving averages maintain an upward divergent pattern. After a series of consecutive upward moves, the daily RSI is overbought. The 1-Hour Chart shows that gold prices have risen and then fallen in the short term. Hourly indicators and moving averages are gradually returning to a flattened state, indicating that gold prices maintain a relatively stable upward trend in the short term. Short-term technical indicators suggest that buyers continue to have an advantage, but be aware of the risk of an overbought downward correction in gold prices. The NY market is focused on renewed selling pressure between 3550 and 3578, while support between 3511 and 3500 is under consideration.
Due to profit-taking today, gold prices have fallen rapidly from 3578 to 3510, so it is also worth considering selling today.
An aggressive strategy involves selling between 3548 and 3543. A conservative strategy involves selling within the 4-hour resistance zone of 3563-3568!
Buy on dips between 3517 and 3522. Once the price breaks below today's low, wait for a dip between 3500 and 3505 before buying again.
Are you hoping for a dip in gold?Gold experienced a period of decline in the morning session. The 4-hour chart shows it has fallen below 3526, but it subsequently rebounded and corrected! I've shared with you a while ago that, technically speaking, every decline and rise is inevitably followed by at least three retests! Therefore, if gold doesn't completely break through the 3526 support level, it will inevitably rebound and then continue its downward trend! Since last week, gold has been hitting new highs, which is a major trend. However, the magnitude of the decline in the morning session seems to have disrupted gold's short-term bullish structure! This means that gold is entering a new pattern! This week is also a data week! Today's and tomorrow's price movements are crucial! Under the influence of the data, gold will experience significant fluctuations! If you are not a professional trader and are trading alone, please remember to set a strict limit on each trade from now on. Otherwise, I am worried that you will lose your previous profits and even wipe out your account!
Gold support 3508-3500
Market strength dividing line 3526
Resistance 3562-3572
3540: Consider selling
SL 3542
TP 3526
3526: Consider buying
SL: 3520
TP: 3550
GOLD BEARS WILL DOMINATE THE MARKET|SHORT
GOLD SIGNAL
Trade Direction: short
Entry Level: 3,538.09
Target Level: 3,432.86
Stop Loss: 3,608.24
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 8h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Gold: False Breakout at 3500 – 3400 or 3600 Next?Gold Outlook: Historical Highs Above $3500 – Consolidation or Deeper Correction Ahead?
Gold has once again updated its all-time highs above the $3500 mark, confirming the strong bullish trend that has been dominating the market in recent months. However, immediately after this breakout attempt, we saw a corrective pullback triggered by a short-term strengthening of the U.S. dollar. This raises a key question for traders and investors: is this just a temporary pause before new highs, or the beginning of a deeper correction phase?
Macro & Fundamental Drivers
U.S. Dollar & Fed Expectations:
The probability of a September rate cut is now estimated at 90%, which remains one of the strongest supportive factors for gold. Nevertheless, temporary USD strength is weighing on the metal in the short term. Importantly, markets are increasingly focused on concerns regarding the independence of the Federal Reserve, with political pressure (particularly from Trump) casting uncertainty over the Fed’s policy path.
Geopolitical Risks:
Escalating geopolitical tensions are also adding fuel to safe-haven demand. Recent reports highlight intensified strikes by the Armed Forces of Ukraine on Russian territory, raising fears of further escalation in the Russia-Ukraine conflict. This factor continues to support defensive assets like gold, even in the face of short-term dollar strength.
Upcoming U.S. ISM Manufacturing PMI:
Today’s key macro event is the release of the ISM Manufacturing PMI. Consensus expects a modest rise to 49, which would still leave the index in the contraction zone.
If the data meets or exceeds expectations, the USD could receive temporary support, keeping gold under pressure.
If the data misses expectations and shows further weakness, it could accelerate dollar selling and act as a catalyst for gold to retest or break above historical highs.
Technical Picture
Gold’s sharp rejection above $3500 suggests that the market is not yet ready for a sustainable breakout. At the same time, the long-term bullish structure remains intact. The key levels to watch in the short term are:
Resistance: $3485, $3500, $3505
Support: $3467.6, $3441, $3423
A sustained move below $3490–3485 may open the way for a deeper correction into the 3440–3420 support zone. On the other hand, a successful defense of these levels could lead to another retest of $3500–3505, though at this stage the market does not yet show strong momentum for an immediate continuation higher.
Trading Scenarios
Bearish Case (short-term): Failure to hold above $3485 may trigger selling pressure toward 3467–3440, and possibly even 3423 in the near term.
Bullish Case (medium-term): Any dip toward the support zone could attract buyers, especially if fundamentals (weak ISM PMI / dovish Fed expectations / geopolitical tensions) align. A confirmed breakout above $3505 would signal continuation toward new record highs.
🔑 Bottom Line: Gold remains in a bullish long-term uptrend but faces short-term correction risks. Today’s ISM Manufacturing PMI release could be the decisive factor for immediate direction. Watch closely whether bulls can defend the 3485–3490 zone or whether bears push the price lower toward support levels before the next leg higher.
XAUUSD Outlook Today: Bullish Trend Pauses Near 3565 ResistanceIntraday Trend Analysis:
After a strong bullish impulse, gold faced a key resistance zone at 3560 – 3565 (highlighted in purple), which caused a reversal to the downside.
The corrective move (blue arrow) found support around 3520 – 3525, where buyers stepped in again.
The broader structure is still bullish (uptrend), but momentum has slowed down after testing the strong resistance. Price is currently consolidating in a corrective phase.
Key Technical Levels:
Resistance:
3548 – 3555: immediate resistance.
3560 – 3565: major resistance, previous high zone.
Support:
3520 – 3525: near-term support.
3500: psychological support.
3470: deeper support if correction extends.
Trading Strategies:
Trend-following Buy Setup:
Look for long entries near 3520 – 3525 or on a retest of the ascending trendline.
Stop loss below 3500.
Targets: 3550 – 3565.
Counter-trend Sell Setup (short-term):
Only for short-term traders.
Consider short entries if price retests 3560 – 3565 with rejection signals.
Stop loss above 3575.
Take profit around 3530 – 3520.
Conclusion:
Gold remains in an overall uptrend, but current price action shows a healthy pullback. The 3520 zone is crucial—holding above it supports bullish continuation, while a break below could push price toward 3500. Monitoring reactions at these levels will be key for intraday setups.
👉 Save these support and resistance levels for better trading decisions.
XAU/USD - Potential 4 TodayDear Friends in Trading,
I have highlighted a few possible support levels, confluence areas and potential targets for today.
Let me know if anything is unclear?
Gold remains the ENIGMA of our Industry.
I sincerely hope my point of view offers a valued insight.
Thank you for taking the time study my analysis.
Gold’s Next Move: DOWN!!!Although gold continues its strong upward trend, it still provides opportunities for pullbacks during the day. For example, it hit a low of 3470-3467 yesterday. Currently, the highest price of gold has reached around 3550. Gold continues to set new historical highs. There is no price behavior and technical resistance above it as a reference. But obviously, as long as gold remains above 3540, I will not choose to aggressively chase gold at high levels.
On the contrary, while gold is rising, I will still try to short gold at the top while setting protection. In terms of price behavior, gold started to rise from around 3322 and has reached around 3550 so far, with an increase of up to $228. Although there has been no decent retracement during this period, this strong momentum is indeed easy to form a combined force. However, once the market returns to rationality, the decline will definitely not be small. So at the current stage, I do not advocate going long on gold. On the contrary, I will actively look for opportunities to short gold!
In the short term, we first need to observe gold's performance in the 3540-3530 area. If gold cannot fall below this area during the retracement, it may have the potential to continue to rise. If gold falls below the 3540-3530 area, the first retracement target will be the 3525-3515 area. If this area is broken, it is likely to continue to 3500-3490.