📌 Market Overview
Gold has soared to a new all-time high (ATH) following the latest inflation reports (CPI & PPI), confirming the market’s strong bullish sentiment. As expected, weak US economic data caused DXY to plunge to its lowest levels, further fueling gold’s upward momentum. Everything is aligning in favor of gold’s rally – up, up, up! 🚀
👉 Why is gold skyrocketing?
Investors are rushing to buy gold at record-high prices due to economic and political instability.
Former President Donald Trump’s policies are shaking market confidence, making gold the go-to safe-haven asset.
Until USD shows signs of a strong recovery, gold will remain the priority investment.
📊 Will Gold Break Beyond $3,000?
🔹 Short-term bullish outlook:
Asian & European sessions are expected to favor buying, as investors continue to pile into gold.
In the US session, profit-taking may trigger sharp pullbacks, especially as early buyers cash out at higher levels.
Being a Friday, the market could see large liquidations and volatility spikes.
📉 Key Technical Levels to Watch
🔺 Major Resistance: $3,000 - $3,019 - $3,039 - $3,052
🔻 Major Support: $2,978 - $2,967 - $2,942 - $2,918
🎯 Trading Plan for Today
🔴 SELL ZONE: $3,039 - $3,041
📍 SL: $3,045
🎯 TP: $3,035 - $3,030 - $3,025 - $3,020 - $3,015 - $3,010 - ???
🟢 BUY SCALP: $2,968 - $2,966
📍 SL: $2,962
🎯 TP: $2,972 - $2,976 - $2,980 - $2,985 - $2,990 - $3,000
🟢 BUY ZONE: $2,948 - $2,946
📍 SL: $2,942
🎯 TP: $2,952 - $2,956 - $2,960 - $2,965 - $2,970 - $2,980 - $3,000 - ???
⚡️ Final Thoughts – Caution Ahead!
📌 Despite the strong uptrend, today is Friday, and profit-taking could trigger sudden drops.
📌 Stick to TP/SL strategies to protect capital and avoid getting caught in sharp pullbacks.
📌 Watch for potential liquidations in the US session – big moves are possible!
💬 Do you think gold will push beyond $3,000, or are we in for a sharp correction? Drop your thoughts below! 🚀🔥
Gold has soared to a new all-time high (ATH) following the latest inflation reports (CPI & PPI), confirming the market’s strong bullish sentiment. As expected, weak US economic data caused DXY to plunge to its lowest levels, further fueling gold’s upward momentum. Everything is aligning in favor of gold’s rally – up, up, up! 🚀
👉 Why is gold skyrocketing?
Investors are rushing to buy gold at record-high prices due to economic and political instability.
Former President Donald Trump’s policies are shaking market confidence, making gold the go-to safe-haven asset.
Until USD shows signs of a strong recovery, gold will remain the priority investment.
📊 Will Gold Break Beyond $3,000?
🔹 Short-term bullish outlook:
Asian & European sessions are expected to favor buying, as investors continue to pile into gold.
In the US session, profit-taking may trigger sharp pullbacks, especially as early buyers cash out at higher levels.
Being a Friday, the market could see large liquidations and volatility spikes.
📉 Key Technical Levels to Watch
🔺 Major Resistance: $3,000 - $3,019 - $3,039 - $3,052
🔻 Major Support: $2,978 - $2,967 - $2,942 - $2,918
🎯 Trading Plan for Today
🔴 SELL ZONE: $3,039 - $3,041
📍 SL: $3,045
🎯 TP: $3,035 - $3,030 - $3,025 - $3,020 - $3,015 - $3,010 - ???
🟢 BUY SCALP: $2,968 - $2,966
📍 SL: $2,962
🎯 TP: $2,972 - $2,976 - $2,980 - $2,985 - $2,990 - $3,000
🟢 BUY ZONE: $2,948 - $2,946
📍 SL: $2,942
🎯 TP: $2,952 - $2,956 - $2,960 - $2,965 - $2,970 - $2,980 - $3,000 - ???
⚡️ Final Thoughts – Caution Ahead!
📌 Despite the strong uptrend, today is Friday, and profit-taking could trigger sudden drops.
📌 Stick to TP/SL strategies to protect capital and avoid getting caught in sharp pullbacks.
📌 Watch for potential liquidations in the US session – big moves are possible!
💬 Do you think gold will push beyond $3,000, or are we in for a sharp correction? Drop your thoughts below! 🚀🔥
Trade active
🚀 GOLD HITS $3,000 & PULLS BACK – WHAT’S NEXT?
As expected, Gold surged to the $3,000 mark, made a quick liquidity grab, and then dropped 20 points. The price is currently reacting at this level. My view remains the same – Gold is likely to dip further towards 297X or even 295X before resuming its bullish trend.
👉 Strategy for Today:
Primary bias remains BUY, but patience is key – wait for a strong support zone before entering.
Let the price drop to key support levels and confirm a reaction before taking new positions.
Focus on market structure and avoid impulsive entries.
💰 Weekend Tip – Lock in Profits & Enjoy!
It’s Friday, so if you’ve secured good profits this week, close your trades, withdraw your gains, and enjoy the weekend!
🔜 Stay tuned – I’ll be sharing some valuable trading insights and strategies this weekend. Let’s keep winning together! 🚀🔥
⚜️ 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.