XAUUSD Limit Phycological entry New sell Gold 4100 $ again drop 🤘‼️Selling zone 🚨 VIP LEVELS: GOLD TRAP ZONESETUP 🚨SELL Setup Entry: 4097 FVG + Order Block + 0.786 Fib) TP1: 4000 TP2: 3900 liquidity zone + Wave C target) SL: 4100
OB and liquidity sweep zone
OBS market in pump snd dump similarly as Trump crypto
✅ Actionable Insights & Confluence SMC + Elliott Wave + Fibonacci: All point to a bearish continuation after retracement. Dow Theory + Volume: Confirms trend but warns of short-term pullback. Candlestick + RSI + MACD: Support retracement into premium zone before next leg down.
XAUUSD PAXG is a crypto token backed by gold, so its long-term value tracks XAU/USD, but in the short term, its price is heavily affected by crypto market liquidity and sentiment. This means PAXG can drop sharply when traders sell for cash, even if gold itself hasn't moved. Spot gold (XAU/USD) trades in a deeper, more liquid market and is driven by macro factors, risk sentiment, and the USD, so it usually does not follow PAXG's short-term crypto-driven.
Conclusion: PAXG can fall sharply; XAU/USD will likely stay steady or rise.
Trump has threatened to impose a 100% tariff on Chinese imports as early as Nov 1, in response to Beijing's rare earth export restrictions. While he stated there's "no reason" to meet Xi Jinping at this stage, the planned meeting hasn't been officially canceled, leaving investors uncertain about U.S.-China relations.
Rising geopolitical tension and trade uncertainty could support a bullish outlook for gold as investors seek safety.
XAUUSD Recently, price action has clearly shown that buyers are in control. The strong bullish momentum could lead to a significant breakout, potentially breaking through the resistance zone that has been hindering the price's upward movement. If this happens, XAUUSD could continue its uptrend, with a retest of the support level before advancing further.
A successful retest would further strengthen the bullish trend and potentially spark a powerful move toward the 4,150 target, which aligns with the upper boundary of the ascending channel.
XAUUSD Gold’s slight retreat below the $4,000 level this week has attracted attention from traders looking for signs of fatigue after a record-breaking rally. Yet the move appears to be a temporary adjustment rather than a turning point. Futures in New York rose 0.2% to around $3,982 a troy ounce in early trade, extending weekly gains to nearly 2%. The metal remains on course for an eighth straight weekly advance, highlighting the strength of long-term demand.
XAUUSD Gold's last trading day saw a volatile market, with bulls and bears vying for control, and the entire trend remained range-bound. This trend is actually more suitable for short-term trading. Idea: Gold's rebound is a paper tige…
XAUUSD Spot gold (XAU/USD) leads PAXG, not the other way around.
