Goldshort
GOLD (XAU/USD) at ATH – Two Key Scenarios to WatchGold has reached ATH, and we're currently testing a critical resistance zone. Look at my previous published post, perfectly played out and we're just getting started.
📈 Scenario 1: If the 1H candle body breaks above resistance with a confirmed close, we’re likely to see a push toward the $3,300 level before a potential pullback toward $3100
📉 Scenario 2: If we fail to break resistance, a pullback toward the $3,100 zone is expected before a bounce back to $3,350.
Wait for a retest confirmation on the 1H candle body closure before taking any position.
Updates will be published!
What Goes Up Must Come Down – Gold on the Edge?After a parabolic run to new highs, gold is flashing signs of exhaustion.
📌 Price is hugging the upper Bollinger Band on the daily chart.
📌 RSI is in overbought territory (currently around 68.2) — similar to previous local tops.
📌 We're forming a steep, almost unsustainable channel — historically, these tend to break hard when they do.
If we see a break below $3,086 and lose that trendline, eyes shift to:
🔻 $2,932 — key support
🔻 $2,787 — prior breakout retest
🔻 $2,532 — long-term trendline support
Still bullish long-term, but short-term? A pullback might be healthy.
🛑 Risk Disclaimer
This is not financial advice. Trade responsibly and use proper risk management.
Gold sell setup Why We Would Sell (Short) XAUUSD in This Setup:
Strong Resistance Zone:
Price is approaching a clear resistance level around 3,250, marked by multiple rejections in the past.
This zone acted as a ceiling for the bulls — each time price reached this level, it got pushed back down, showing strong selling pressure.
Double Top Formation (Potential Reversal Pattern):
The price formed a potential double top near 3,250.
This pattern often signals a shift from bullish to bearish momentum.
Bearish Rejection Wicks:
Candlesticks near the resistance show long upper wicks, indicating that buyers are getting weak and sellers are stepping in.
Lower High Forming:
After the second peak, price failed to make a new high, suggesting buying momentum is weakening.
The current price action is forming a lower high, which is a bearish signal.
Bearish Price Projection (Arrow Path):
The blue arrow suggests a retest of the resistance zone followed by a strong drop down to the support zone at 3,187.
This offers a good risk-to-reward ratio for a short trade setup.
Trade Parameters:
Stop Loss above resistance (around 3,250).
Take Profit around 3,187 (previous support).
This setup offers a clear invalidation point if the price breaks above resistance.
GS raises gold target to $4,000, UBS to $3,500 Goldman Sachs and UBS have issued another round of bullish forecasts for gold, citing ongoing market uncertainty (i.e., tariffs).
Goldman analysts now expect gold to reach $3,700 per ounce by the end of 2025, with a potential rise to $4,000 by mid-2026. UBS holds a slightly more conservative view, projecting $3,500 by December 2025.
Technically, gold has pulled back from new all-time highs seen during the Asian session but potentially remains in a strong uptrend. With prices trading well above both the 50-day EMA and 200-day EMA, shallow retracements may find support, especially as tariff-related risks persist for at least the next 90 days.
Golds about to CRASH next and here's why....Gold has been in a sustained uptrend for some time, but it appears we may now be approaching a significant resistance level. I believe the market is either set for a correction or will enter a broad consolidation range, and we are currently trading near the upper boundary of that range.
XAUUSD ShortWhat a Monday that was! Price broke way below 3000 and even hit 2954 level. It was a little shaky so I opt to not put in my positions, even if my predictions were correct, I chose to play safe. Today, price is still a little unstable but placing a position so to catch some pips if ever. Iv placed an SL just for Tradingview purposes, here's my position info: Open at 3014// SL 3164//TP 2964. As usual we decide as we go, but let's see how this trade rolls :)
Day 19of100
L:5
W:4
short 3145 with 2tp legit 3005 after trump tlk abou tarifffor me its clear here.
its a classic buy the rumour sell the news
so when Trump will talk about tariff psssssss it will back down a lot
also it go far up so fast and a legit good correction is welcome
also high price made many as electronic and other goods ewpansive
GOLD/XAUUSD SWING UPDATESHello folks, Gold are on a trend right now. Waiting for this zone for shorts? 3180 might be the high or 3200.
The Initial targets at 3066 zone.
This idea base on my previous idea on fibonacci, Full updates once price goes 3066 zone.
Idea on the new highs maybe later on High impact news.
The idea here is short.
Trade at your own risk.
Follow for more.
I will update once this zones mitigated. Good luck! pewwpeww
XAUUSD SHORTXAUUSD short again, 9yr high for Gold and still holding on to my shorts. another day, another entry. Setting my position at 3138 // TP 3000 SL 3238
A lil discouraged with the current rallies, however, this is what trading is like, you take your L's, gather your emotion, recalculate and execute again(when you're less emotional). Sticking to my Short positions because I believe that this will reverse, it may take a while but im willing to wait. Setting my TP to my previous target to cover previous losses and SL a lil bit further to secure my positions. This isnt a trading or financial advice but my personal trading plan. Let's see how this trade rolls.
Day 14of100
L:5
W:1
GOLD Technical Analysis - Correction Incoming?OANDA:XAUUSD is trading within a well-defined ascending channel, with price action now testing the upper boundary. This level could act as dynamic resistance, and a rejection here could trigger a corrective move toward the 3,035 support zone.
If buyers defend this support, the bullish structure remains intact, with a potential move back toward higher levels. However, if price breaks below this zone, a deeper pullback toward the lower boundary of the channel could come into play.
Monitoring candlestick patterns and volume at this critical zone is essential for identifying buying opportunities. Proper risk management is advised, always confirm your setups and trade with solid risk management.
If you have any thoughts on this setup or additional insights, drop them in the comments!
GOLD - on resistance- Could Bitcoin resume its Gains Over GoldAs you can see, GOLD has come to a point where it has been rejected twice previously.
And on each of the previous occasions, PA ended up back on the lower trend line., taking around 2 years to do so on each occasions
GOLD MOVES SO SLOW - mostly due to its HUGE market cap..... But thats another story
Has the recent rise of Gold come to a line of defeat ?
The Daily chart here shows how PA is stalling at this moment in time
Each push is getting Shorter. PA is tired.
PA is Getting OVERBOUGHT on many time frames. It needs a break
The thing is, Mr Trump will later today introduce the "liberation Tariffs"
The expectation is of FEAR as reprisals and reduced markets could cause issues in the USA , including reversing the Drop in inflation.
If the Tariffs backfire, the $ will Drop..and people will look to safe haves
Traditionally GOLD. Maybe Gold can break through its old nemesis of rejection.
But PA Is TIRED
BITCOIN has been under pressure recently, following posting a new ATH and this has taken a toll on the BTC XAUT trading pair while Gold has risen.
We can see how PA dropped and has in fact, fallen below the lower line of support.
But it needs to be understood is that RSI and MACD are now in very positive positions to make a push higher.
Gold is tired
In the Near Future, we may well see the tables turn in Bitcoins Favour again
But Me Trumps, today, May actually upset that idea.
We just have to wait and see how sentiment is towards Risk assets later today , after the announcement of these Tariffs.
But, in the Longer term, once the dust settles, I do see Bitcoin taking over again and continuing its rise to greatness.....
ENJOY
Time Will tell