A crash to 2650 is very likely in the next few weeks! Why? Let's take a look at the most popular oscillators - RSI, MACD and STOCHASTIC.
Let's start with the RSI indicator on the monthly chart. The RSI indicator moves between 0 and 100. What we can see here is a strong horizontal resistance at the 85 level in the overbought region. Every time gold hits this strong resistance, a huge crash follows, specifically in 2006, 2008, 2020, and now in 2025. So this is a sell signal. We don't want to chase gold, while the RSI indicator is at such high levels - we want to wait for a pullback.
The next is the MACD indicator - the histogram hit a new all-time high on gold. We have never seen such crazy levels on gold. The histogram is currently too far away from the 0 line, which is a sign of an extremely overbought market. What we want to do here is to wait for the histogram to return to 0 and buy. There isn't really any bearish sign on the MACD indicator yet, but if you want to wait for a confirmation, then wait for a first downtick on the histogram and sell.
The last very popular indicator is STOCHASTIC. This indicator pretty much screams to sell, because both lines have been in the overbought territory since 2023. Plus, we have a bearish crossover this month (if the candle closes like today's price). To see this bearish crossover, you have to zoom in. So this indicator is giving us a bearish signal to sell gold.
Additional bearish reasons: The first reason is that the price of gold just hit a major trendline on the monthly chart. Monthly charts are incredibly powerful, so you want to make sure to know what is going on here. Always trade with a valid trend. The next reason is an untested POC on the volume profile. This POC is exactly at 2650, so this should be a great buying opportunity!
Please write a comment below and let me know what you think about this upcoming crash on GOLD? And are you bullish or bearish? Also hit the like button for more ideas on gold, so I know you are interested!
Let's start with the RSI indicator on the monthly chart. The RSI indicator moves between 0 and 100. What we can see here is a strong horizontal resistance at the 85 level in the overbought region. Every time gold hits this strong resistance, a huge crash follows, specifically in 2006, 2008, 2020, and now in 2025. So this is a sell signal. We don't want to chase gold, while the RSI indicator is at such high levels - we want to wait for a pullback.
The next is the MACD indicator - the histogram hit a new all-time high on gold. We have never seen such crazy levels on gold. The histogram is currently too far away from the 0 line, which is a sign of an extremely overbought market. What we want to do here is to wait for the histogram to return to 0 and buy. There isn't really any bearish sign on the MACD indicator yet, but if you want to wait for a confirmation, then wait for a first downtick on the histogram and sell.
The last very popular indicator is STOCHASTIC. This indicator pretty much screams to sell, because both lines have been in the overbought territory since 2023. Plus, we have a bearish crossover this month (if the candle closes like today's price). To see this bearish crossover, you have to zoom in. So this indicator is giving us a bearish signal to sell gold.
Additional bearish reasons: The first reason is that the price of gold just hit a major trendline on the monthly chart. Monthly charts are incredibly powerful, so you want to make sure to know what is going on here. Always trade with a valid trend. The next reason is an untested POC on the volume profile. This POC is exactly at 2650, so this should be a great buying opportunity!
Please write a comment below and let me know what you think about this upcoming crash on GOLD? And are you bullish or bearish? Also hit the like button for more ideas on gold, so I know you are interested!
Trade active
Sold at 3426. Now we want to wait for a crash and buy gold at a much lower price!Trade closed: target reached
Short-term profit target hit: The price dropped from 3426 to 3259. Pretty huge crash, but it will take minimum a few weeks for gold to reach 2650.
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💡Join my VIP group (signals, my trades)
xanrox.org/premium
✅Trade crypto here, all countries, get VIP3 and 30% fees discount, no KYC
bitunix.com/register?vipCode=xanrox
✅Trade gold and forex here
vtm.pro/IN3yiy
xanrox.org/premium
✅Trade crypto here, all countries, get VIP3 and 30% fees discount, no KYC
bitunix.com/register?vipCode=xanrox
✅Trade gold and forex here
vtm.pro/IN3yiy
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.