Gold at Risk of Pullback as Rising Wedge Pattern Emerges!Gold Technical Update (15-Min Timeframe)
Gold is forming a Rising Wedge pattern.
Resistance zone: 128600 – 128800.
If the resistance zone holds, selling pressure may increase.
The pattern indicates a potential downside move if price breaks below the lower trendline.
Traders should watch for a breakdown confirmation before taking any fresh positions.
Trade ideas
GC/GOLD bull rally setupHigh potential: looking for a 60 SMA support (~3200) in 2 weeks and then continue the bull rally (green path)
Medium potential: looking for a 20 weekly SMA support (~3140) in 1 month and then continue the bull rally (cyan path)
Low potential: directly break out next week (red path), but indicators do not quite support this case, so it may need some "external news"
Gold Buy near 126900 tgt 128900 intrdayGold Buy near 126900 tgt 128900 intrday
Gold Buy near 126900 tgt 128900 intrday
Gold Buy near 126900 tgt 128900 intrday
Gold Buy near 126900 tgt 128900 intrday
Gold Buy near 126900 tgt 128900 intrdayGold Buy near 126900 tgt 128900 intrdayGold Buy near 126900 tgt 128900 intrdayGold Buy near 126900 tgt 128900 intrdayGold Buy near 126900 tgt 128900 intrdayGold Buy near 126900 tgt 128900 intrday
Gold Futures: Approaching Key Resistance with Bearish Rising WedGold futures are testing strong resistance near 4,190 on the 15-minute chart, forming a rising wedge pattern—a classic bearish reversal signal. Watch for a potential breakdown below wedge support that could trigger a sharp decline toward 4,110. Momentum indicators show weakening bullish strength, suggesting sellers may soon take control. Traders should monitor this critical zone for confirmation of trend reversal or a breakout continuation.
Gold MCX Future - Intraday Analysis - 15th Oct., 25$MCX:GOLD — Chart Pathik Insights
Key Gold levels are delivered daily to sharpen your prep, enable disciplined plans, and provide unbiased navigational structure for volatile sessions.
Gold is currently trading at 126,324, pressing just above the neutral zone (126,256) after a constructive move off session lows and consolidation in the mid-range.
Bearish Outlook
Shorts remain valid below 125,269, especially if the price loses grip at key support levels.
Downside Levels to Watch:
124,595: First target for short covering or profit-taking.
123,569: Further extension level if the move strengthens downwards.
Risk Control: Shorts work best with confirmation below 125,008; cover if price sharply recovers above 125,587.
Bullish Outlook
Fresh long trades can be considered above 125,904, with confidence growing above 126,165 and a strong close past 126,324.
Upside Levels to Watch:
127,917: First mapped profit or booking area.
128,943: High extension if the drive up is sustained.
Risk Control: Longs can be guarded near 125,587 or 125,269, with adjustment for volatility and confirmation.
Neutral Range Logic
126,256 is the immediate decision-band — persistent range-trading here suggests patience. Serious momentum will reveal itself only with clean moves beyond this mid-zone.
Levels arrive nightly for focused, structure-driven gold traders and learners.
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Gold MCX Future - Intraday Technical Analysis -14th Oct. 25$MCX:GOLD — Chart Pathik Insights
Nightly gold levels are shared here to bring traders a strategic, disciplined lens for navigating volatility with smart, risk-focused plans.
Gold is currently trading at 124,551, just beneath the neutral zone (124,629) after a persistent, structured upmove and mild resistance at session highs.
Bearish Outlook
Short bias holds below 123,707, particularly if selling resumes and price slices through support pivots.
Downside Levels to Watch:
123,484: First support for partial covering or scalping.
122,777: Stronger extension if bearish energy persists.
Risk Control: Shorts remain in play beneath 123,527; re-evaluate if price closes above 123,926.
Bullish Outlook
Fresh long opportunities surface above 124,145, with momentum likely accelerating above 124,325 and the neutral zone.
Upside Levels to Watch:
125,774: First profit booking resistance.
126,481: Ambitious extension target if bid momentum strengthens.
Risk Control: New longs can use 123,926 or 123,707 as protective stops based on entry and pace.
Neutral Range Logic
The 124,629 neutral band is the local balancing point — continued chop here invites patience. Watch for definitive range breaks to set up next sustainable trend play.
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Global Markets Turn Defensive as Trump’s Tariff Threats Shake CoGlobal Markets Turn Defensive as Trump’s Tariff Threats Shake Confidence.
U.S. President Donald Trump has announced he is considering a “massive increase” in tariffs on imports from China, signalling a possible escalation in the long-running trade dispute between the world’s two largest economies.
In response, Beijing has vowed to impose countermeasures should Washington proceed with the proposed 100% tariffs, defending its recent export rules while warning that such moves would further raise tensions.
A high-level meeting between President Trump and Chinese leader Xi Jinping — expected on the sidelines of the APEC leaders’ meeting in South Korea later this month — now appears uncertain, with Washington’s recent rhetoric jeopardising the diplomatic groundwork for the summit.
Markets are already reacting. Investors have been shifting capital toward safe-haven assets, with gold and silver among the biggest beneficiaries of the risk-off move. Gold notably pushed past the $4,000-per-ounce mark amid the turmoil, underscoring strong demand for protection against trade-driven volatility.
According to World-Signals analysis, with gold prices holding above $4,000 per ounce, any correction toward $3,950–$3,975 is likely to trigger fresh buying interest.
As geopolitical strategy increasingly intersects with resource control — from oil to rare earth elements — the global economic balance may be entering a new phase of heightened volatility. Traders and portfolio managers should watch tariff announcements, export-control actions on critical inputs (including rare earths), and developments around planned diplomatic meetings for signs of market direction.
Gold Investors May Be in It for the Long Haul If one wishes to be the ultimate bull on gold and identify a path higher for it, then one bullish outcome could be a rise to a range of $4,400 to $4,680. Since October 2023, gold has advanced in a stair-step-like manner, with periods of strong gains followed by phases of consolidation. On each of those occasions, gold has reached the 1.272% or 1.618% Fibonacci extension of the previous trend before consolidating.
It may not turn out to be the case this time, but we should soon find out as gold approaches the 100% extension at $4,160. If gold were to surpass that Fibonacci extension level, it could then rise towards those higher prices previously mentioned.
Gold, however, is overbought and has been since reaching $3,800, which means it is long overdue for a period of consolidation. While there may still be a path higher for gold, it does not come without significant risk. The metal is currently trading above its upper Bollinger Band and has a relative strength index (RSI) of 86.7.
The last time gold’s RSI was this high on the daily chart was in July 2020, which was followed by a long and drawn-out consolidation phase lasting until March 2024, during which the price fell from around $2,000 to $1,600 at its lowest point.
For gold investors, the message at this stage may be that while gold still has the potential to move higher, one may need to be prepared to hold on to the precious metal for some time to come, as the risk now appears to be greater than the potential reward.
Written by Michael J. Kramer, founder of Mott Capital Management.
Disclaimer: CMC Markets is an execution-only service provider. The material (whether or not it states any opinions) is for general information purposes only and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed.
No opinion given in the material constitutes a recommendation by CMC Markets or the author that any particular investment, security, transaction, or investment strategy is suitable for any specific person. The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although we are not specifically prevented from dealing before providing this material, we do not seek to take advantage of the material prior to its dissemination.
GC 10/10The T.A paints the picture.
INV. levels. are resistance unless solid lines.
FS / BS levels are support unless solid lines
1x dotted are tested
2x dotted. are Origin levels where Trends originate from; a vertices in the fractals of time.
Each level is color coded to the timeframe the candle was found on.
Strength favors the higher timeframes
Pink = month
grey = week
red = day
orange - 4hr
yellow - 1 hr
15min - blue
5min - green
Gold Over $4K: Blow-Off Top or Launchpad Higher?Gold (GC1!) has been one of the most beautifully trending markets over the past two years — a textbook example of structure, momentum, and clean technical behaviour. We’ve been following it closely since February 2024, and every markup and re-accumulation phase has respected the 5 / 10 / 20 / 50 MA stack perfectly.
Now, price has reached the key $4 000 zone after yet another powerful rally leg. The big question: are we seeing a blow-off top forming, or is this simply another launch pad before the next expansion higher?
Personally, I think we might need a flush toward the 50 MA (orange) to reset momentum and shake out late buyers before any real continuation. That said, I won’t even think about shorts unless the Daily closes below the 20 MA — the trend is still firmly bullish until proven otherwise.
Let’s be honest though… this is where everyone suddenly becomes a top-caller, trying to outsmart a two-year uptrend 🤦♂️. We just keep it simple — follow the chart, trust the EMAs, and stay bullish until the structure actually breaks down.
Key points:
• Daily trend remains bullish with EMAs cleanly stacked.
• A healthy pullback toward the 50 MA could reset momentum.
• Short bias only valid after a Daily close below the 20 MA.
• Holding above 20 ma keeps continuation structure intact.
• Bias remains bullish until proven otherwise.
Questions for you:
1. Do you think this is the final blow-off or just another launch pad before 5K?
2. How far do you see this pullback going — 20 EMA bounce or full flush to the 50 EMA?
3. Are you still riding the trend, or are you one of the many trying to call the top too early?
Can it happen?Disclaimer
This content is for informational and educational purposes only and should not be construed as financial or investment advice. The author is not a registered financial advisor. Trading and investing in financial markets involve substantial risk of loss and is not suitable for every investor. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified professional before making any investment decisions.
MCX Gold Futures – Intraday Analysis for 7th Oct 2025MCX:GOLD2!
Gold is trading at 121,603, consolidating just above the zero line (121,583), after a breakout above resistance, followed by mild profit-taking. This is a key inflection zone for either a momentum extension or a retracement.
Bullish Scenario
Long Entry (121,321):
Initiate fresh longs above 121,321, confirming buyers supporting every dip at trend breakout levels.
Additional exposure can be taken at 121,145 (add-long area) if minor dips are absorbed, marking higher lows.
Upside Targets:
122,504 (Target 1): First mapped supply zone and profit booking area.
123,073 (Target 2): Extended bullish target if strong momentum continues.
Stop Loss:
Place below 120,969 (short entry) or progressively trail as price moves up.
Bearish Scenario
Short Entry (120,969):
Shorts trigger below 120,969, marking breakdown of support and handed control back to sellers.
Downside Targets:
120,662 (Target 1): Demand zone and first logical bounce/support area.
120,093 (Target 2): Next extension target for aggressive move.
Stop Loss:
Cover shorts if price retakes 121,321 to avoid losses on failed breakdowns.
Range/Neutral Logic
Zero Line (121,583):
Price at zero line marks market balance; sustained action above encourages further momentum, while repeated rejection here raises risk of short-term pullback to lower supports.
Avoid new trades around zero line unless breakout/breakdown conviction emerges.
Gold Dec. Futures (MCX) – Intraday Analysis 6th Oct., 2025MCX:GOLD1!
Gold is consolidating at 119,369 after a strong bounce, with price action pressing against a pivotal resistance area (zero line) and testing higher-low support in a sideways-to-bullish formation.
Bullish (Long) Setup
Long Entry (118,955):
Fresh longs are actionable above 118,955 with price holding above recent swing support, confirming buyers’ intent for further upside.
Adds can be managed at 118,779 if dips hold with rising volume and higher lows.
Upside Targets:
120,256 (Target 1): First mapped supply zone and likely profit-booking area.
120,826 (Target 2): Higher bullish extension and next major resistance.
Stop Loss:
Keep stops below 118,602 (short entry area) or 118,457 (long exit) to reduce risk in case of reversal.
Bearish (Short) Setup
Short Entry (118,602):
Shorts activate below 118,602, confirming breakdown of support and shifting momentum to sellers.
Downside Targets:
118,410 (Target 1): Bounce/support area for first profit booking.
117,840 (Target 2): Deeper extension and next major demand zone.
Stop Loss:
Exit shorts if price retakes 118,955 to avoid losses on failed breakdown.
Range/Neutral Logic
Zero Line (119,333):
Current action near the zero line marks the market balance; a sustained close above 119,333 supports bullish momentum, while repeated rejection turns bias sideways or soft bearish.
Wait for a breakout from the zero line for high-conviction trades.
New ATHs for Gold?It seems like every single week, gold has been making new ATHs. With the overall bullish sentiment of the market plus the government shutdown, I don't see price slowing down any time soon.
As long as price is trading above the VWAP on lower time frames (4H, 1H, 15min), we could continue to see ATHs up to $4,000.
Me personally, I've been very cautious trading in these ATH markets. The reason is because price doesn't have much structure to follow. There's no clear vision of the target when entering longs and you're kind of just trading into no-mans-land.
We'll see what price decides to do early in the beginning of the trading week.