GOLD TRADING PLAN – After Breaking ATH & Sharp Correction
🔥 Former U.S. President Donald Trump has officially announced a comprehensive global tariff policy, targeting multiple countries and regions. This sparked:
📉 A major sell-off in risk assets
💵 A sharp weakening in the U.S. Dollar
🪙 A strong rally in gold, reaching a new All-Time High (ATH) at 3167 as a preferred safe-haven asset
📉 Latest Market Reaction – Gold Corrects from ATH
After a strong bullish breakout, gold is now pulling back from its peak, driven by profit-taking and investor caution ahead of key economic data — including the upcoming Nonfarm Payrolls (NFP) report.
Despite the short-term pullback, the overall trend remains bullish on higher timeframes.
📐 Technical Overview
Yesterday, we identified and traded a symmetrical triangle pattern, which broke out sharply as expected. Now, price is retesting previous breakout zones — where new long opportunities may form.
📌 Focus on BUY setups during the Asian & EU sessions, and be cautious during the U.S. session due to expected volatility.
🔍 Key Technical Levels
🔺 Resistance Levels:
3167 (ATH) – 3175 – 3185 – 3198 – 3206
📝 (These are psychological levels & Fibonacci extensions. Wait for clear candle confirmation before entering.)
🔻 Support Levels:
3140 – 3132 – 3120 – 3112 – 3106 – 3100
🛒 TRADE PLAN
🟢 BUY ZONE: 3112 – 3110
🛑 Stop Loss: 3106
🎯 Take Profits: 3116 – 3120 – 3124 – 3128 – 3132 – 3136 – 3140
🔴 SELL ZONE: 3167 – 3169
🛑 Stop Loss: 3173
🎯 Take Profits: 3162 – 3158 – 3154 – 3150
⚠️ Final Notes
📈 The uptrend is still in play — no need to FOMO sell near the highs.
⏳ Be patient, wait for price to react at key support/resistance zones.
🚫 Avoid overtrading or rushing into trades — tariff news has major global impact.
📅 Stay sharp ahead of Friday’s NFP release — we'll reassess trend direction after the data.
✅ Stick to your risk management: follow your TP/SL strictly.
Wishing you safe & profitable trades! 💼📊
🔥 Former U.S. President Donald Trump has officially announced a comprehensive global tariff policy, targeting multiple countries and regions. This sparked:
📉 A major sell-off in risk assets
💵 A sharp weakening in the U.S. Dollar
🪙 A strong rally in gold, reaching a new All-Time High (ATH) at 3167 as a preferred safe-haven asset
📉 Latest Market Reaction – Gold Corrects from ATH
After a strong bullish breakout, gold is now pulling back from its peak, driven by profit-taking and investor caution ahead of key economic data — including the upcoming Nonfarm Payrolls (NFP) report.
Despite the short-term pullback, the overall trend remains bullish on higher timeframes.
📐 Technical Overview
Yesterday, we identified and traded a symmetrical triangle pattern, which broke out sharply as expected. Now, price is retesting previous breakout zones — where new long opportunities may form.
📌 Focus on BUY setups during the Asian & EU sessions, and be cautious during the U.S. session due to expected volatility.
🔍 Key Technical Levels
🔺 Resistance Levels:
3167 (ATH) – 3175 – 3185 – 3198 – 3206
📝 (These are psychological levels & Fibonacci extensions. Wait for clear candle confirmation before entering.)
🔻 Support Levels:
3140 – 3132 – 3120 – 3112 – 3106 – 3100
🛒 TRADE PLAN
🟢 BUY ZONE: 3112 – 3110
🛑 Stop Loss: 3106
🎯 Take Profits: 3116 – 3120 – 3124 – 3128 – 3132 – 3136 – 3140
🔴 SELL ZONE: 3167 – 3169
🛑 Stop Loss: 3173
🎯 Take Profits: 3162 – 3158 – 3154 – 3150
⚠️ Final Notes
📈 The uptrend is still in play — no need to FOMO sell near the highs.
⏳ Be patient, wait for price to react at key support/resistance zones.
🚫 Avoid overtrading or rushing into trades — tariff news has major global impact.
📅 Stay sharp ahead of Friday’s NFP release — we'll reassess trend direction after the data.
✅ Stick to your risk management: follow your TP/SL strictly.
Wishing you safe & profitable trades! 💼📊
⚜️ Trade with Money Market Flow, logic, Price action 📉📈
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 to 15 Signals Vip
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 to 15 Signals Vip
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
⚜️ Trade with Money Market Flow, logic, Price action 📉📈
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 to 15 Signals Vip
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 to 15 Signals Vip
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.