Pay attention to 3320, if it falls below, go long at 3310-3300The short order has been completed and profit has been realized. Now the 1H technical indicators show that there is still room for decline in the short term. Focus on the 3320 support. If it falls below 3320, the gold price is expected to reach the 3310-3300 area, which is also an ideal trading area for intraday long positions. There is nothing much to say. Follow the wolves and you will get meat. Currently, the brothers who follow me to trade have all made good gains.
OANDA:XAUUSD
Xauusdidea
The rebound is not a reversal, continue to shortGold showed a trend of rising and falling back and closing low on Tuesday. The highest intraday rise was 3366, and the lowest fell to 3320. The daily line recorded a medium-sized Yin line with a long upper shadow. The K-line was negative, and the closing line broke the resonance support of the middle track and the short-term moving average, suggesting that the bullish momentum has slowed down and the bears are ready to move. Today, we need to pay attention to the further downward performance of gold. From the 4H level, the price stood firm at the four-hour resistance position last Thursday, and then rebounded upward in the short term. Yesterday, the price fell below the daily support level. Currently, the short-term market is bearish, and attention is paid to the resistance in the 3340-3345 range above. In the one-hour period, the price is in short-term shock adjustment. On the whole, it will be treated as a shock decline before breaking yesterday's low, and the lower side pays attention to the 3225-3320 area support. In the short term, you can consider shorting at 3340-3350 in the European session, and look towards 3330-3320
OANDA:XAUUSD
XAUUSD analysis - 1H FVG and OB Setups✅ Green boxes = Buy Order Blocks (OB)
✅ Red boxes = Sell Order Blocks (OB)
✅ Blue boxes = Fair Value Gaps (FVG) (none currently on this chart)
Currently, gold is approaching the 1H Sell OB (red) between 3360 – 3370, which is a strong resistance zone.
We have two clear scenarios:
1️⃣ If sellers step in and we get confirmation, we can look for a pullback down to the lower green buy OB zones:
3320 – 3330 (1H OB)
3290 – 3300 (1H OB)
These zones will be key for looking for buy opportunities with LTF confirmations.
2️⃣ If buyers break above 3370 with a strong close, we can expect a move towards the 4H Sell OB (red) at 3380 – 3395.
🎯 Summary:
✅ Currently looking for a potential sell at the red zone with LTF confirmations.
✅ Watching green zones below for clean buys on a pullback.
✅ If price breaks above, the next target will be 3380 – 3395.
Let price come to your levels, wait for confirmation on 3m/5m for clean entries, and stay disciplined with your plan.
—
📊 ProfitaminFX | Gold, BTC & EUR/USD
📚 Daily setups & educational trades
GOLD Intraday Chart Update For 16 July 2025Hello Traders,
Today we have major news is US PPI, currently market is in tight range between 3360 to 3310
all eyes on 3360 level breakout for the day for further upward continuation
Only break below 3315 market will goes further downside
Currently we also have Bearish channel in H2 TF
Disclaimer: Forex is Risky
Gold Short Term OutlookGold has pulled back sharply from the 3,354 resistance but found support inside the Pullback Zone (3,335–3,3305 where buyers have stepped back in. Price is now attempting to reclaim ground, trading around 3,341, with the 50MA acting as dynamic resistance overhead and the 200MA as dynamic support.
For the bullish move to continue, we need to see a clean break and hold above 3,354. That would reopen the path toward 3,383 and 3,400, with 3,416 as the higher-timeframe target.
If price fails to clear 3,354 and rolls over again, watch the Pullback Zone (3,335–3,305) for signs of exhaustion. A break below 3,305 would shift focus to the deeper Support Zone (3,289 - 3,267) and potentially toward 3,241 - 3,208 if bearish pressure accelerates.
📌 Key Levels to Watch
Resistance:
‣ 3,354
‣ 3,383
‣ 3,400
‣ 3,416
Support:
‣ 3,335
‣ 3,305
‣ 3,289
‣ 3,267
‣ 3,241
🔎 Fundamental Focus – PPI Release Today
Today’s U.S. Producer Price Index (PPI) will be closely watched as a follow‑up to yesterday’s CPI data.
XAUUSD Forming Falling WedgeGold (XAUUSD) has recently completed a textbook falling wedge breakout, confirming a powerful bullish reversal setup on the higher timeframes. This pattern, known for its strong trend-continuation potential, has played out beautifully. After a period of consolidation and lower highs, price has decisively broken above wedge resistance and is now pushing higher with strong bullish momentum. We've already captured significant profit from the breakout zone, and price action suggests another wave to the upside is imminent.
Fundamentally, gold continues to benefit from growing geopolitical tensions, elevated inflation concerns, and central bank reserve accumulation. With the Federal Reserve leaning cautiously dovish due to signs of a softening labor market and cooling inflation, real yields are under pressure. This is supportive for gold, especially as markets begin to price in potential rate cuts before year-end. The weakening US dollar and stable treasury yields are reinforcing demand for precious metals, particularly among institutional investors seeking safety and hedge assets.
Technically, gold has broken its bearish structure and is forming a new bullish leg, supported by strong volume and RSI divergence at the lows. The breakout from the falling wedge pattern has opened up upside targets toward recent swing highs and potentially even all-time highs if macro conditions remain favorable. With price now above key moving averages and consolidating above the wedge breakout zone, the technical bias is clearly bullish.
This move aligns well with seasonality and macro risk flows. As risk-off sentiment slowly builds and inflation risks remain unresolved globally, gold is regaining its status as a premier safe-haven asset. Expecting continued follow-through in the coming weeks, with clean structure and fundamentals favoring bulls, this setup remains a high-probability opportunity to ride the next impulsive bullish leg.
XAUUSD Structural Analysis & Confluence - 16 July 2025 4-Hour Bias & Structural Context
Gold has recently broken above a key structure level at $3,320, confirming a bullish market environment on the 4‑hour timeframe. This follows a Change of Character (CHOCH) around $3,300, signifying a shift from consolidation to an upward trend. The swing from the late-June low ($3,244) to mid-July’s high ($3,374) sets our Fibonacci context:
38.2% retrace ≈ $3,318
50% retrace ≈ $3,309
61.8% retrace ≈ $3,300
These fib levels also align with prior structure and key ICT/SMC zones, signaling strong areas of interest.
🧭 Key 4-Hour Confluence Zones
Demand / Order Block → $3,300 – 3,305
Multi-method support: BOS, CHOCH, 50–61.8% fib convergence.
Fair Value Gap (FVG) → $3,320 – 3,325
Volume deficient zone post-BOS, primed for a retest.
Supply / Resistance Area → $3,360 – 3,370
High-timeframe supply, likely to cap further upside.
🧠 Smart Money Concepts
BOS above $3,320 confirms bullish structure.
CHOCH at ~$3,300 marks structure flip.
Liquidity grab zones found between $3,335–3,340, validating the presence of institutional activity.
Order Block at $3,300–3,305 supports buy-side interest.
📊 1-Hour Intraday Trade Setups
🔸 Setup #1 – FVG Re-Test
Entry: At ~$3,325 on pullback into $3,320–3,325 zone
SL: Below $3,320
TP1: $3,345, TP2: $3,360
🔸 Setup #2 – Demand OB Bounce (“Golden Setup”)
Entry: In the $3,300–3,305 range
SL: Below $3,298
TP1: $3,325, TP2: $3,345, TP3: $3,360
Edge: Tight risk, high confluence (SMC + fib + structure)
🌟 The Golden Setup
Zone to Watch: $3,300–3,305
Why It Rates Highest:
BOS, CHOCH, fib, and OB all align
Offers tight stop placement and strong upside
Risk-to-reward ~1:3
📌 Daily Watchlist Summary
Directional Bias: Bullish (BOS above $3,320 intact)
Primary Entry Zones:
$3,300–3,305 (Demand OB + structure)
$3,320–3,325 (FVG retest for continuation)
Key Target Zones:
$3,345–3,350 – realistic intraday exit
$3,360–3,370 – major supply cap
Invalidation Level: 4‑hour candle close below $3,298 negates bullish outlook
Final Commentary
Stay disciplined—only trade reactive signals at these levels: clean bounces, pinbars, or bullish engulfing patterns. The $3,300–3,305 zone stands out as the prime ‘Golden Setup’ entry.
Gold Pullback in Play – Still Aiming for 3450 📌 In yesterday’s analysis, I argued that bulls likely won the battle and that a new leg up toward 3450 could be next from a swing trade perspective. I also mentioned that buying dips remains the preferred strategy.
And indeed – we got that dip.
📉 Price pulled back to 3340 and bounced,
but it hasn’t yet touched my key area of interest: 3330–3335.
What now?
My view stays the same –I still expect a move toward the 3450 zone,but I also believe a deeper dip toward support is still on the table – likely a liquidity grab before the next leg up.
Trading Plan:
✅ Buying dips remains the core strategy
🚫 Invalidation only comes on a break below 3305–3310
🎯 Upside target remains well above 3400, aiming for 1000+ pips
Let’s stay focused and let price come to us.
🚀
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
XAUUSD: Time For Swing Sell, 1 Hour Timeframe! Gold is currently trading at crucial level where we have witnessed a strong bearish presence. This is a small time frame overview and price may not complete the target fully, so close when you think it is the time. Good luck and trade safe!
Team Setupsfx_
Gold: Data, Tariffs & Trading LevelsThis week is packed with market news and economic data 😣. Key focuses include the US CPI, PPI, retail sales data, and the University of Michigan's preliminary consumer sentiment index. Additionally, former US President Trump plans to make a "major announcement" on Russia; the Federal Reserve will release the Beige Book (Economic Conditions Survey); and the CFTC's weekly positioning report is also worth monitoring 📊.
Over the weekend, Trump imposed tariffs on the EU and other regions, prompting a strong counterattack from the EU. The subsequent evolution of the situation requires continuous tracking, as it has triggered sharp market volatility pushing toward the 3400 mark 😱. Trump has recently announced frequent tariff policies (e.g., 30% tariffs on the EU and Mexico, and threats of 100% tariffs on Russia), amplifying market uncertainty. While this theoretically benefits gold's safe-haven demand, the actual impact requires close observation of institutional capital flows 🤔.
Gold prices consolidated at the bottom after a sustained pullback last night and extended their rebound this morning. Key pressure levels have undergone a support-resistance flip. The current gold rebound is merely a secondary confirmation of the 30-minute top structure, and after surging to 3365 in the afternoon, short-term signs of pressure have emerged 😕. In a volatile market, if prices start to consolidate sideways, it may signal the end of this oscillating upward trend, with a shift to a downward phase ahead.
Given market sensitivity ahead of the CPI data release, it’s advisable to focus on a volatile pullback trend 🧐. After today’s rebound, key attention should be on the 3363-3368 range as a shorting zone, with the long/short defensive level set at yesterday’s intraday high of 3375. Downside support is focused on the 3340-3335 range 🔍
XAUUSD:Continue to go long
The gold price has just fallen after being pressured by the 3365 level. Currently, there are no obvious signs of a bottoming out. However, the 3340-43 range is the support position from the previous several declines. Here, one can lightly participate in the bullish orders. If going further down, the 3330 level is an important support point. Both of these positions can be utilized to go long.
Then the trading strategy:
BUY@3340-43
TP:3360-65
If the price retraces to the 3330 level, increase the position of the long bet. The goal remains the same. I will keep you informed if there are any changes.
More detailed strategies and trading will be notified here ↗↗↗
Keep updated, come to "get" ↗↗↗
GOLD Made Triple Top Pattern , Short Setup Very Clear !Here is my opinion on 15 Mins T.F On Gold , we have a triple Top Reversal Pattern , on 15 mins and 30 mins T.F , And we have a clear closure below neckline , so i think we can sell this pair for 100 pips at least to get this pattern target , we can sell from the current price or from m y best area for sell .
GOLD Intraday Chart Update For 15 July 2025Hello Traders,
Welcome to the US CPI Day, as you can see that market is in tight range for now and all eyes on the breakout for now
Only clear breakout of 3380 we will consider market will be bullish towards 3400 & 3425
If markets sustains below 3335 it will move towards 3305 or even 3285
All eyes on US CPI
Disclaimer: Forex is Risky
XAUUSD:Today's trading strategies for buying and selling
The gold price reached a peak of 3374.69 during the Asian trading session. Overall, it remains in a bullish uptrend. From the half-hour and hourly charts, the 30-day line provides support at around 3353. Therefore, when trading within this fluctuating range, it is important to note that in a situation where the bullish trend is strong, short selling should be conducted with a light position.
Trading Strategy:
BUY@3353-57
TP:3370-75
SELL@3375-80
TP:3360-63
More detailed strategies and trading will be notified here ↗↗↗
Keep updated, come to "get" ↗↗↗
Elliott Wave Analysis – XAUUSD | July 14, 2025
🔍 Momentum Analysis
D1 Timeframe: Momentum is currently reversing to the upside, indicating that the bullish trend may continue into early next week (Monday).
H4 Timeframe: Momentum has entered the overbought zone, suggesting that a short-term correction is likely to bring momentum back down into oversold territory.
🌀 Elliott Wave Structure
On the H4 chart, we observe a contracting triangle pattern (abcde) approaching its final stages.
In the Friday trading plan, we anticipated that the corrective phase had ended and price was entering a new impulsive wave. However, there are two irregularities worth noting:
A pin bar candle with high volume has appeared at the resistance zone near 3365, while H4 momentum is overbought. This signals a likely short-term correction — something that ideally should not happen if price is already in wave 3. Ideally, price should have surged to 3402 on Friday to strengthen the bullish case.
On the H1 chart, bullish candles are small and overlapping, reflecting weak bullish momentum and a lack of conviction from buyers.
These two signs suggest that the market may still be within the correction phase, and the 3402 level will serve as a key confirmation zone to determine whether the correction has truly ended.
💡 Trading Outlook
The bullish momentum on the D1 chart still supports BUY positions for the coming week.
However, since the H4 chart is overbought, a short-term pullback is likely.
We will look to buy on dips toward lower support zones, targeting a move toward 3393 – 3402, which remains the target area as outlined in Friday’s plan with the original entry at 3332 – 3330.
📊 Trading Plan
BUY Zone: 3342 – 3340
Stop Loss (SL): 3330
Take Profit 1 (TP1): 3370
Take Profit 2 (TP2): 3393
GOLD (XAU/USD) MA Breakout – High-Probability Long Setup!💰🚨 GOLD HEIST ALERT! XAU/USD MASTER PLAN (Thief Trading Style) 🎯
🔥 Steal Pips Like a Pro – High-Probability Gold Breakout Strategy! 🔥
🎯 Thief Trading’s GOLD Heist Strategy (Swing/Day Trade) �💸
👋 Hey there, Market Pirates & Profit Snatchers! 🌍✨
Based on our 🔥Thief Trading Style🔥 analysis, we’re plotting a major heist on XAU/USD (GOLD). The plan? Buy the breakout, escape before the cops (resistance) arrive! 🚔💨
📈 ENTRY ZONE: The Heist Begins!
🚀 "Wait for the MA Breakout (3400) – Then Strike!"
Bullish Confirmation: Enter on a 15M/30M pullback after MA breakout.
Thief’s Trick: Use Buy Stop above MA or Buy Limit near swing lows for best risk-reward.
DCA/Layering Strategy: Deploy multiple limit orders to maximize gains.
🔔 Set an ALERT! Don’t miss the breakout – thieves move fast! ⏳
🛑 STOP LOSS: Protect Your Loot!
📍 Thief’s SL Placement: 3330.00 (4H Swing Low) – Adjust based on your risk & lot size.
⚠️ WARNING: If using Buy Stop, DO NOT set SL until after breakout – unless you love unnecessary losses! 🔥
🎯 TARGET: Escape with the Gold!
🏴☠️ Take Profit Zone: 3460.00 (or Exit Early if Bears Show Up!)
Scalpers: Only trade LONG side – use trailing SL to lock in profits.
Swing Traders: Ride the wave but watch for resistance traps!
📰 MARKET CONTEXT: Why This Heist?
Neutral Trend (But Bullish Potential! 🐂)
Key Factors: Geopolitics, COT Data, Macro Trends, Sentiment Shift
🚨 News Alert: Avoid new trades during high-impact news – trailing SL saves profits!
💥 BOOST THIS HEIST! (Like & Share for More Pips!)
💖 Hit the 👍 Boost Button to strengthen our Thief Trading Crew!
🚀 More Heist Plans Coming Soon – Stay Tuned!
⚠️ DISCLAIMER (Stay Safe, Thieves!)
This is NOT financial advice. Do your own analysis & manage risk.
Markets change fast! Adapt or get caught.
🎯 Happy Trading, Pirates! Let’s Steal Some Gold! 🏴☠️💛
XAUUSD: Trading Strategy Before the US SessionAhead of the release of key US session data, gold is oscillating in a narrow range between $3340 and $3375. The daily chart shows a balance between bulls and bears. On the 4-hour chart, $3375, which coincides with the 61.8% Fibonacci retracement level, serves as a critical watershed for the market trend.
In terms of trading strategy, it's advisable to trade within the aforementioned range and follow the trend once there is a clear breakout. If gold stabilizes above $3360 and breaks through $3375, it could rally towards $3400. Conversely, if it falls below $3340 and loses the $3310 - $3320 range, it may test $3300. It's essential to confirm the direction in conjunction with fundamental news and avoid blind trading.
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
Elliott Wave Analysis – XAUUSD | July 15, 2025🟢 Trade Update
The BUY order at the 3342 – 3340 zone was triggered at 3341. As of now, price has moved up by 140 pips, and the market is still following the planned scenario from the previous analysis.
📊 Momentum Analysis
D1 Timeframe: Momentum is in the overbought zone, and indicator lines are showing signs of crossing — a warning signal of a potential reversal on the daily chart.
H4 Timeframe: After a 6-candle decline from 3377 to 3342, H4 momentum has reversed upward. With 2 bullish candles already formed, we expect another 3–5 bullish candles, aiming toward the 3390 zone.
🌀 Elliott Wave Update
Price action is currently moving toward the end of the abcde contracting triangle. We are monitoring two potential scenarios:
Scenario 1 – Ongoing Triangle Correction
If price returns to the lower boundary of the triangle, it is likely forming wave e, which would present a buy opportunity for the final leg of the triangle.
Scenario 2 – 5-Wave Impulse Extension
The current structure shows a 5-wave impulsive move, with wave 4 completed and wave 5 now beginning.
The projected target for wave 5 aligns with the resistance zone at 3398 – 3402.
After completing wave 5, the market could enter a corrective phase, consistent with the idea that wave d ends at this resistance.
🔔 If the price breaks above 3402, it would likely confirm that the abcde correction is complete and that a new impulsive bullish wave has started.
🎯 Trade Plan
📍SELL Zone: 3396 – 3398
⛔️ Stop Loss: 3406
🎯 TP1: 3376
🎯 TP2: 3327
📍BUY Zone: 3295 – 3293
⛔️ Stop Loss: 3285
🎯 TP1: 3327
🎯 TP2: 3365
🎯 TP3: 3402
✅ Note: Prioritize entries only after confirmation from price action and momentum at key levels.
XAUUSD Trade Plan | 15 July 2025After observing the recent low breakdown and a clear liquidity grab, we saw a strong direction confirmation breakout. This suggests that the market is likely to continue its upward momentum.
🔄 Breakdown/Seller Trap triggered the reversal
🔹 Last Important Low respected
📈 Breakout confirms bullish direction
✅ Plan:
I’ll be watching for a pullback into the grey demand zone (highlighted area) for a potential long entry.
🕵️♂️ No FOMO — I’ll only enter after price shows clear bullish behavior in this zone.
🎯 Target: 3,365.89 resistance
📍 Entry Zone: Grey box (based on previous structure)
Let me know your thoughts — are you also watching this zone?
#XAUUSD #GoldAnalysis #LiquidityGrab #SmartMoneyConcepts #PriceAction #TradingPlan #TradingView
Gold (XAU/USD) 4H: Bullish Continuation Play- 15 July 20244‑Hour Technical Outlook — Bullish Bias Above Key BOS Zone
Gold remains in a strong structural uptrend on the 4‑hour chart, carving out a sequence of higher highs and higher lows. Price is consolidating just below recent swing highs around $3,360, suggesting accumulation after last week’s impulsive rally.
We saw a Break of Structure (BOS) above $3,340, confirming bullish control and establishing that area as a critical flip zone. Unless price closes decisively below that BOS, the directional bias remains bullish.
📐 Key Confluences & Zones on 4‑Hour
🔹 Fibonacci Retracement (Swing: $3,280 → $3,360):
38.2%: ~$3,331 — aligns perfectly with BOS & prior resistance turned support.
61.8%: ~$3,313 — deeper, but still within bullish context.
🔹 Supply & Demand Zones:
Supply (Resistance): $3,355–$3,360 — recent highs, likely containing resting sell‑side liquidity.
Demand (Support): $3,331–$3,335 — a bullish order block and fair value gap (imbalance) reside here.
Deeper Demand: $3,313–$3,315 — secondary buy zone if the market hunts liquidity deeper.
🔹 Liquidity Profile:
Buy‑side stops likely rest above $3,360 — breakout target.
Sell‑side liquidity below $3,331 could trigger a shakeout before higher.
🧠 ICT/SMC Concepts Observed:
✅ BOS confirmed at $3,340, favoring longs.
✅ FVG/imbalance between $3,338–$3,342 suggests price may “fill” before next impulse.
✅ Recent wick above $3,355 hints at minor buy‑side liquidity grab — but no confirmed CHoCH (change of character) yet.
✅ Bullish order block formed at $3,331–$3,333, acting as strong support.
📈 1‑Hour Intraday Playbook — Aligned With Bullish Bias
On the 1‑hour chart, momentum remains constructive above $3,331. Intraday traders can look for these setups:
1️⃣ Buy the Retest
Entry: $3,335 (within 4H OB & FVG)
Stop‑loss: $3,327 (below demand)
Targets:
🔸 T1: $3,355
🔸 T2: $3,380 (next resistance)
2️⃣ Breakout Long
Entry: Break and close above $3,360
Stop‑loss: $3,350
Targets:
🔸 T1: $3,380
🔸 T2: $3,406 (1.272 Fib ext.)
3️⃣ Deeper Pullback Buy
Entry: $3,313–$3,315 (61.8% Fib + deeper demand)
Stop‑loss: $3,305
Targets: back toward $3,355–$3,380
🎯 The Golden Setup:
✅ Long from $3,335, stop‑loss $3,327, targeting $3,355–$3,380.
Why? This setup aligns BOS, bullish OB, FVG, 38.2% Fib, and current trend structure — highest confluence and best risk/reward ratio (~1:3).
🔎 Summary Table — Key Levels for Today
📈 Bullish Continuation Above $3,331
🟢 Strong Buy Zone $3,331–$3,335
🟢 Deeper Demand $3,313–$3,315
🔴 Resistance / Supply $3,355–$3,360
🚨 Bullish Invalidation Below $3,331
Bias remains bullish as long as $3,331 holds. Look for reaction in the $3,331–$3,335 zone to join institutional flows.
Today's summary and tomorrow's market forecast📰 News information:
1. Focus on tomorrow's CPI data
2. Bowman's speech at the Federal Reserve
3. Tariff information outflows and countries' responses to tariff issues
📈 Technical Analysis:
Bros, I had some things to deal with just now so I went out for a while. Now I come back to share my ideas. When the market is blindly chasing longs, I chose to give a bearish trading opportunity. I know that after I proposed the idea of shorting to test the support level of 3340-3330 below, many people were skeptical and even looked at it with a sarcastic attitude. After all, most people in the market are long. But facts and results have proved that only by following the trend can there be better room for operation. When doing transactions, you must first have a clear goal. Those who follow the crowd will often only blame their mistakes on others or luck.
Regarding the arrangements for future trading, first of all, 3375-3385 above is still an important short-term resistance. If today's closing is above 3360, then 3375 will most likely be tested again during the Asia-Europe trading session. Once it goes up again, it is very likely to break through the resistance area of 3375-3385. Before the US data, the price may stay at 3390 or 3400. On the contrary, if today's closing is below 3360, then the price still has room for adjustment. In this way, 3340 will not be the low point of this week. The bearish volatility in the Asian and European sessions will also test the strong support of 3330-3320.
In addition to investment, life also includes poetry, distant places, and Allen. Facing the market is actually facing yourself, correcting your shortcomings, facing your mistakes, and exercising strict self-discipline. I share free trading strategies and analysis ideas every day for reference by brothers. I hope my analysis can help you.
OANDA:XAUUSD PEPPERSTONE:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD TVC:GOLD FXOPEN:XAUUSD
Gold's Bullish Momentum: Trading Strategy for TodayTechnically, gold prices continued their strong bullish rally to break new highs last Friday 😎. During the Asian and European sessions, prices broke through the 3320 mark and extended their upward momentum with sustained strength 💹. In the afternoon European session, gold prices kept surging, breaking through and standing above the 3340 mark, accelerating the upward trend 🔥. In the evening US session, the price further accelerated its rally, piercing the 3369 level before pulling back and closing strongly 📈. The daily K-line closed as a fluctuating and high-breaking bullish candle 🌞. On the daily chart, there has been a strong bullish rally breaking new highs for three consecutive trading days, and the overall price has returned to the 3360 mark, re-entering a strong bullish one-sided pattern.
This morning, gold prices opened with a further gap higher, piercing the 3370 mark and continuing to fluctuate strongly 😜. Today's trend should focus on buying on dips 🙌. Although gold gapped up and surged for a while, the momentum is not strong. There must be a pullback for adjustment; otherwise, it will be difficult to maintain the upward momentum 🚶♂️.
From the 4-hour chart analysis, the short-term support below today should focus on the hourly neckline around 3340-45 📍, with key attention to the 3325-30 support level. During the day, we should continue to take the opportunity of pullbacks to go long as the main strategy 😏. The key dividing line for the short-term bullish strength is the 3325 mark. As long as the daily chart stabilizes above this level, we will continue to maintain the strategy of buying on dips to follow the bullish trend. Before breaking below this level, we will keep the strategy of buying on dips to follow the trend 💪
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
GOLD Made H&S Reversal Pattern , Scalping Short Setup Valid !Here is my GOLD 30 Mins Chart and if we checked the chart we will see that the price created a very good reversal pattern on 30 mins T.F , Head & shoulders reversal pattern and also it`s already confirmed by closure below neckline so the short is very clear now and we can targeting 100 to 150 pips , 3350.00 is a very good support also so we can see a price bounce from it to upside .