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Goldbreakout

Gold Technical & Fundamental Outlook for Next WeekIn this video, I break down the recent surge in gold prices, what drove the momentum, including rising tensions between Israel and Iran, and the impact of weaker U.S. inflation data that’s pushing Fed rate cut expectations. Gold is now sitting just below the all-time high of around $3,500. With major U.S. economic events like Retail Sales and the Federal Reserve Interest Rate Decision coming up, this is a key moment for us to prepare. 💥 Will we see a breakout above resistance, or is a healthy dip on the cards before the next move? I’ll walk you through the key levels, the market psychology, and how I’m planning my trades this week. 💡 Make sure to like, comment, and subscribe for more weekly gold and forex market insights. Disclaimer: Based on experience and what I see on the charts, this is my take. It’s not financial advice—always do your research and consult a licensed advisor before trading. #GoldAnalysis #XAUUSD #GoldPrice #ForexTrading #MarketOutlook #GoldForecast #TechnicalAnalysis #FundamentalAnalysis #FOMC #FedRateDecision #RetailSales #SafeHaven #GoldBreakout #TradingStrategy #ForexMentor
EIGHTCAP:XAUUSD
by darcsherry
Gold’s Showdown: Bulls vs. Bears at the Make or Break Level🚀 Gold on the Edge: Breakout or Fakeout? Alright, gather around, folks. Gold’s approaching that ⚔️ Make or Break Level, and this is where things get spicy. It’s like watching two fighters square up—you know something big is about to happen. 💡 Why This Level Matters We’re at the spot where bulls and bears are throwing shade and maybe a few punches. This level isn’t just another line on the chart; it’s the VIP zone where momentum either takes off or taps out. Right now, we’re leaning bullish—especially if Gold punches through and holds above this zone. We’re looking for a breakout that could take us toward 3,380, maybe even 3,420 if the party keeps going. But… if the bears win this round and push back, we’re eyeing 3,288 as a second chance for buyers. Think of it as a rebound opportunity—if Gold stabilizes there, it could still be game on for the bulls. 📝 Our Playbook: Breakout confirmed? Ride the momentum. Fakeout rejection? Watch for buys at 3,288—a possible second chance for the bulls. Stay sharp and react—no hero moves. We’re letting the price action decide. Your thoughts? Bullish or bearish on Gold at this level? 🐂🐻
COMEX_MINI:MGCM2025Long
by natron
1
Gold Today's Technical Outlook - BullishAfter two days of selling pressure, we may start to see renewed buying interest in gold today. On the 1-hour and 2-hour charts, a Head & Shoulders pattern had formed and was broken to the downside, with a successful retest confirming the breakdown. However, despite this bearish setup, gold managed to hold above the key support zone of 3305–3306, indicating that buyers are still active and defending this level. This price action suggests that the downside momentum is weakening and a potential bullish move could unfold today. Buy Side Scenario: If the support at 3305–3306 continues to hold, we could see upward movement toward the following target levels: Target 1: 3380 Target 2: 3400 Target 3: 3435 Traders should monitor price action closely for confirmation before entering positions.
OANDA:XAUUSDLong
by shroffakshar
Breakout Confirmed! Gold’s Next Target Could Be $3,500+Gold has reached a new all-time high (ATH), signaling strong bullish momentum. The breakout above the long-term rising trendline, which previously acted as resistance, indicates a shift in market structure. The resistance zone has now turned into support, confirming buyers' dominance. A minor pullback or retest of this breakout level could be expected before a stronger continuation to the upside. If the price sustains above this zone, potential targets lie at $3,100-$3,200 in the short term and $3,500+ in the medium term.
TVC:GOLDLong
by unichartz
Gold Price Analysis: Symmetrical Triangle Formation Signals $$##📈 Gold Price Analysis: Symmetrical Triangle Formation Signals Potential Breakout Gold trades within a symmetrical triangle formation on the H1 timeframe, and traders are closely monitoring for a potential breakout. This technical pattern, known for its converging trendlines, often signals an impending price breakout, either upward or downward. Here's what to watch for: 🔺 What is a Symmetrical Triangle? A symmetrical triangle is a continuation pattern in which the price forms lower highs and higher lows , creating two converging trendlines 📊. The market's indecision builds tension, often leading to a significant breakout in either direction as the price consolidates. 🚀 Key Breakout Levels for Gold As gold continues to move within this symmetrical triangle, there are two potential breakout scenarios: 📈 Upside Breakout Target – $2,693: If gold breaks out above the upper trendline of the symmetrical triangle, we can expect bullish momentum to push the price toward the $2,693 level. This would indicate a continuation of the upward trend, attracting buyers and potentially setting the stage for further gains. 📉 Downside Breakout Target – $2,614: On the other hand, a break below the lower trendline would signal a bearish move, with the next potential target around $2,614 . This downside breakout would indicate a reversal or pause in the recent bullish trend, likely driving selling pressure. 🔍 Factors to Watch Several factors may influence gold’s price action and the potential breakout direction: 🌍 Geopolitical tensions and market uncertainty drive safe-haven gold demand, potentially pushing prices higher. 💵 US Dollar strength: A stronger dollar could weigh on gold, increasing the likelihood of a downside breakout. 📉 Interest rates and inflation expectations also play a role, as rising rates could limit gold’s appeal as a non-yielding asset. 🛠 Trading Strategy Traders should consider waiting for a clear breakout above or below the symmetrical triangle before entering a position. A decisive move beyond these key levels— $2,693 for an upside breakout or $2,614 for a downside breakout—could offer strong trading opportunities with defined risk levels. 💡 Conclusion The symmetrical triangle formation on the H1 timeframe indicates that gold is on the verge of a significant move. Monitoring key breakout levels, market sentiment, and external factors like the dollar and interest rates will be crucial in navigating this potential opportunity. Whether gold breaks out to the upside or downside, traders should be prepared for a substantial price move towards $2,693 or $2,614. 🔔 Stay updated with the latest prices and market developments to capitalize on this technical pattern.
OANDA:XAUUSD
by amzadlak
The Super Bullish Gold Bullion :) :) :)Back on Aug 30, we had indicated that Gold is turning to Bullish mode and 1st target is 2280. Today Gold made a new ATH of 2265 - just kissing distance from 1st Target Have a look at the monthly chart. Look at the Volume Build up over the past 3-4 years. Cup and Handle BO also confirmed on Monthly Next targets are 2280, 2550, 3015 Over the weekend, Gold price shot up over Rs. 100 / gm in India, This is not going to be the end. This is just the beginning. Also remember, Market is making new ATH, Gold is making new ATH. How ??? All these years, Gold and Market had Inverse proportion. When market crashes, Gold rises and vice-versa, but is it still the truth ??? This is the time to let go of Old-school thought process and accept the changing reality. With the introduction of Crypto market the Relationship between Gold and Equity Market was long broken. So, give up your bias and learn to ride the tide irrespective of its side Disclaimer: 3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading... We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side" *** Important *** Consult your Financial Advisors before taking any positions If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments -Team Stocks-n-Trends
FXOPEN:XAUUSDLong
by Stocks-n-Trends
XAUUSD - GOLD CURRENT SITUATION- US10Y is currently slightly up to 3.0% LEVEL. Like we said before, it's been a bit of a CORRECTION in the last few days. We can see that the POSITIVE SENTIMENT for USD ECONOMIC DATA is also very POSITIVE for DXY. - The power of USD is still very strong in GOLD. US10Y will behave today on the behavior of CPI DATA in the NEWYORK SESSION. DXY has been DOWN very fast for the last few days. But now it is becoming UP. We look forward to hearing from DXY. US10Y LONG TERM UP is going to be with this RATE HIKE CYCLE and this MARKET CONDITION. Currently DXY is getting a bit UP with MARKET RISK OFF. Also when we look at DXY it has moved up to DXY 103.100 LEVEL. - The GOLD PRICE is currently moving slightly below the DYNAMIC S / R LEVELS. Most likely the GOLD PRICE will be SHORT TEEM UP in the future. GOLD SHORT TERM has a UP SIDE BIAS but may be more DOWN under the influence of DOLLAR in the future. So it can be a bit UP before SELL. In a DOWN SIDE CHANNEL a GOLD can be seen moving. - Currently the OVERALL MARKET is showing RISK OFF. STOCKS is currently RED showing a RISK OFF SENTIMENT. And the VOLATILITY is getting a bit UP. Also COMMODITIES show a DOWN SIDE BIAS today. Currently the MARKET has a RISK OFF SENTIMENT. Therefore, in the future, all NZD CAD AUD currencies may be slightly lower compared to JPY CHF and USD currencies. - GOLD PRICE can be UP again before DOWN until 1910 LEVEL. So GOLD is more likely to go back to the 1910 LEVEL. Then you can BREAK TREND LINE and definitely DOWN up to GOLD price 1786 LEVEL. If the TREND LINE is BREAK, you can go up to GOLD 1765 LEVEL DXY or US10Y if there is a UP TREND again. - However, the bigger picture will change if a new sentiment enters the market or the market takes a risk to strengthen the US dollar first.
OANDA:XAUUSD
by benny_marshall
Gold Bargain Bullish toward - 2104Majority have been eager to buy and buy and buy, yet on the daily we can see a hard rejection off 1830.00 This shows us the amount of buy stops accumulating at this level , notice price triggered and dropped = heading toward majority of SL placements ( below 1810.00 ) *We need moves like this to switch the consensus of retail to take the opposite sides of positions , COT Data shows more longs than shorts, yes, however pay attention to COT data from commercials and producers Commercials and producers will need managed money to take the other side of their orders, and non commercial need non reportable and commercial to take their opposite sides = they all make a profit We cannot buy from above 1800 …this is an expensive price ( psychological number ) which behavior of price today confirms price looking for a more “ suitable “ price to buy at = in other words - Gold has just gone on Sale
SAXO:XAUUSDLong
by HuracanFX