Gold thoughts after strong week A breakout on Gold and everyone remains a buyer of the dips
I have mapped out key levels, at these levels look for a setup for next move .
good luck
GDF1! trade ideas
MGC WEEK 37 SEPT 7TH USD look to be bearish and is likely to run for higher TF equal lows.
- That being said MGC can take a small pullback and give another leg higher
if price drops below 3620 the you are offside and should be looking for lower prices and a retracement.
Gold Futures - Going to be a Dream for Many Gold : Going to be a Dream for Many.
*Gold Not to be Sold*✨✨
Support and Updated Tgt are marked in Chart itself.
Note : This is my Personal view based on chart pattern and My STUDY.
Kindly do your research and don't get biased by my view
gold is at the edge of pullback if structure is correct 1->3 : number 3 closes above number 1 ,
making number 2 proven buyers
3->4 : return to proven buyers
next ?
* lower LRC extended to 3 deviation points for
potential extreme pullback
* rsi and mfi hidden bull ( continuation) + oversold
* these complex tools can be embarresingly
bad.. but schiff pitchfork with frequency
shifting catches an edge in obv indicator, alongside diagonal trendline and horizontal support line
buyers are being setup for a trap , it seems obvious but dontmy theory for gold sells
*I was initially bullish until
I noticed a few tricky things
* structure number 2 is not
a solid low, meaning they
have not proven themselves
to be stronger than number 1
sellers, because they have not
created a push above them,
so this low is misleading and
not a proper stop
* obv is in a downtrend while
price is in an uptrend, obv
in downtrend means that there
is an increased selling interest ,
so this diverging from price going
up can only mean .... there
are no buyers and price is not going up
due to a huge amount of buying power but the sellers are not pushing too hard in specific areas
* the 3 support lines are not solid support, in fact they are all wicks and 'fake lows'
* I dont have a solid stop to enter a short,
but all these things + divergence on rsi and mfi is just telling me that the obvious
buy trade might be a trap
Intraday Bearish Narrative – London Session (Gold Futures)Gold opened the London session under clear downside pressure, extending weakness from the prior U.S. session. After a strong rally into the 3619–3620 area, sellers regained control, forming lower highs and pressing price below the descending trendline (red dashed).
During London hours, attempts to recover above 3600–3606 failed, reinforcing the bearish bias. The current setup aligns with a sell-on-rally structure: price has retested the broken trendline and prior support-turned-resistance zone near 3610–3613, where sellers defended strongly.
As long as price holds below 3613, the bearish structure remains intact, with intraday downside targets layered at:
3593.5 (nearest support, minor liquidity pocket)
3569–3566 (London extension target, key demand zone)
3550–3548 (deeper measured move target if momentum accelerates).
Stops are well-placed above 3610–3613, invalidating the setup if buyers reclaim this supply zone.
📉 Bias: Bearish intraday continuation, favoring shorts beneath 3610–3613 with room for multiple downside liquidity sweeps into the mid-3500s.
return to proven sellers presents sell continuation could not post on time due to 10 post per day limit. I entered as per the drawing tool visualization.
1->3 : creates a lower low , number 2 are dominant sellers
3->4: we see a solid buying pressure coming to meet our
sellers who have pushed the market below the previous
attempt to push up at number 1
what next ?
* a break below support / micro bull turn point with stop
above number 2 would look safe
* from number 2->4 I have a 2nd degree bearish divergence
* increasing volitility and sideways movemnet as market
prepares to open and perhaps pick a direction
* vwap 1st standard deviation from number 1
*extreme of peak #2 might align with vwap and vpoc ,
perhaps a sell stop when price reaches there ... which
it might when volume picks up
*despite price going up, staying under
obv trendline showing selling interest
*micro bear pattern wanted
Gold to 3750 (80% chance) A SetupThis is mere price action on weekly, and MACD indicator levels. It seems 3750 is target, and 3535 is strong support.
Gold MCX Bullish MoveGold as long as it is staying above the ichimoku cloud it can show a bullish move from here within a few days.. this month we can expect some movement on the upside clearing highs.
Stop loss can be kept near 94700-95300 levels with target of 102000 - 105000 with this month.
Is GOLD overbought?I'm not a fan of RSI, but my version of overbought is when price breaks out of a rising channel aggressively, like GOLD ( COMEX:GC1! ) did at 10 a.m. yesterday. I expect the price to return to the channel at minimum.
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"
return to support provides bullish entry 1->3 : creates higher high and number 2
as dominant buyers
3->4 : return to buyers
what next ?
* uptrend and return to proven support
* obv is uptrend showing buying interest
* mfi and rsi is hidden bull+oversold on both
*waiting micro bull pattern for entry
Gold Futures (MGC / GC) — Daily Outlook (Wed)Price just broke the previous ATH (3,578) and is in new price discovery. Momentum is bullish, but there are key imbalances below that could attract price before continuation.
🔍 Key Levels
ATH (3,578) → breakout level to watch
1H FVG (3,565–3,575) → short-term support zone
4H + 8H FVG stack (3,515–3,535) → deeper liquidity target
Immediate resistance → 3,610–3,620 zone
⚖️ Scenarios for Wednesday
1️⃣ Bullish Continuation (primary bias)
If ATH (3,578) holds → look for continuation into 3,610–3,620+
1H FVG may provide a bounce if tested
2️⃣ Deeper Pullback (secondary bias)
Failure to hold ATH → watch for a drop into 3,515–3,535 (4H/8H FVGs) before bullish continuation
✅ Trade Plan Idea
Continuation play:
Buy on ATH retest / 1H FVG bounce (3,575 zone) → target 3,610–3,620+
Deeper retrace play:
If ATH breaks clean → wait for price inside 3,515–3,535 zone → look for reversal confirmation long
📌 Notes
Momentum = bullish until proven otherwise
Don’t chase → wait for either ATH defense or clean retrace into imbalances
Manage risk → this is price discovery, expect volatility
📊 What’s your bias here? Do you see price holding ATH for continuation, or do you think we dip first into the deeper FVGs?
Bullish gold but here is a potential if that does not happenThe existing range that price has successfully so far left may play an important key area in the future if gold fails to deliver bullish momentum after this month. A pattern template is provided.
a potential for the trend to continue presents itself* return to proven buyers
* bullish divergence
* dipped below and now
above major volume
*uptrend
Basic Trading: Marking Support and Resistance In this lesson, I walk through the basics of how I mark support and resistance levels on my charts. These key zones highlight areas where price has reacted multiple times, creating strong consolidation. Within these zones, there’s often opportunity to capture moves as the market ranges and builds momentum. By identifying these levels, traders can better anticipate entries, manage risk, and find room to profit inside the zone before price makes its next breakout or reversal.
Basic Trading Marking up Support and Resistance In this lesson, I walk through the basics of how I mark support and resistance levels on my charts. These key zones highlight areas where price has reacted multiple times, creating strong consolidation. Within these zones, there’s often opportunity to capture moves as the market ranges and builds momentum. By identifying these levels, traders can better anticipate entries, manage risk, and find room to profit inside the zone before price makes its next breakout or reversal.
gold is at a decision point to continue upward or retrace furthe1->3 : creates solid major buyers in number 2 , if price closes below number 2 this is obviously invalidated and sellers are showing their hand now
3->4 : we return back to number 2 buyers
what do I think will happen next ?
* if number 2 buyers can prove themselves, this could be a very good market edge for the buyers to push the market higher, conversly if we push below number 2 , we would wait for a pull back below to other support, as the uptrend is too strong to consider a full on reversal
* frequency shifted obv return is possible and using that support to predict buying orders,
* hidden bullish rsi and mfi
Gold Holding Asian 50% -- Bulls Gearing up for London Push?Price retraced cleanly to the Asian session 50% midpoint after yesterday’s strong rally. With the London Killzone approaching, I’m watching for bullish confirmation and a potential continuation higher.
Macro backdrop adds fuel:
Markets are pricing a 90% chance of a September Fed rate cut.
JPMorgan now forecasting four cuts starting this month, reinforcing bullish momentum in Gold.
⚠️ Holiday liquidity could create sharp stop-hunts, so confirmation is key. Looking for orderflow strength before stepping in.
GC1! Thief Trader Mission – Short Gold, Grab the Loot🚨💰 Thief Trader Gold Heist Plan – GC1! "The Gold" Metal Market 🎭🔒
🌟Hey Robbers & Money Makers!🌟
Welcome back to another OG Thief Trader Robbery Plan — today we’re targeting the shining vault of GC1! "The Gold".
This time, the mission is BEARISH. The vault doors are heavy, but with layered sell entries, we’re breaking in! 💣💸
📜 The Plan (Swing/Day Trade)
Entry 🏴☠️: Any price level — but real thieves don’t rush! Use layered sell limit entries like a pro:
🔹 3360.0
🔹 3370.0
🔹 3380.0
(Add more layers if you’re greedy enough 👀💰)
Stop Loss 🛑: Thief SL @ 3400.0 (but remember, OG’s — adjust your SL with your own risk appetite & strategy).
Target 🎯: Police barricade spotted near 3300.0 — our final escape point is 3310.0. Grab the gold & run before the cops catch you 🚔💨.
📊 Thief Strategy 🕵️♂️
We don’t enter with just one order — layering strategy is the art of the heist. Multiple entries = multiple chances to loot the market. Scalpers & swingers both welcome to join this robbery.
📰 Thief’s Outlook (Gold Market Status)
Trend: Bearish bias 🐻
Setup: Short the rallies 🔥
Sentiment: Overloaded bulls = perfect robbery target 🎯
Fundamentals & Macros: Inflation heat & policy shifts keeping gold shaky ⚖️
⚠️ Robbery Warning 🚨
Avoid getting trapped during major news releases 📢.
Protect your loot with trailing stops 🛡️.
Never risk your whole bag on one entry — spread it thief-style.
💖 Support the crew! 💖
Follow, like, and share this heist plan with your robbery gang 🤝. The more OG’s we got, the bigger the score 💎💰.
See you after the escape, thieves — with pockets full & smiles wide 🏆🤑🐱👤
Futures - Commodities / Financial: Gold case (MGC)Applying A+ setup, volume profile (high volume nodes, low volume nodes day and intra-day and possibly extended to swing probability), smart money concept, numerical volume buy/sell side. trend confirmation, tick charts.
a return to microstructure provides a continuation opportunity 1->3 : creates a higher high ,
with number 2 buyers showing
superior volume with respect to
number 1 sellers
3->4 : we return to the genesis of
the local scope uptrend continuation
what do I think will happen next ?
* obv is in a solid uptrend showing
continued buying pressure
* vwap provides a rejection / support point at
the number 2 low using a lower pivot to anchor
* price has no great reason to come
back above the volume cluster here if selling is the point
* hidden bullish pressure on rsi and
mfi on the lower fracal structure
