Gold has been in a strong bullish momentum since finding a bottom around the 1,620 zone in November 2022. The metal reversed sharply and has since surged nearly 15,000 pips.
Looking at the monthly timeframe, the broader trend is evident. In 2025 alone, gold has gained over 4,000 pips with little to no retracement—an unsustainable move for the market.
About two weeks ago, I highlighted in my private channel that the 3,050 zone is an ideal area to look for sell opportunities. Price is now testing this level, and I currently have a sell trade running. If we see a spike toward the 3,080 zone, I plan to layer additional sell positions.
My target is a minimum of 1,500 pips or more. While the long-term trend remains bullish, I believe gold is due for a correction in the short term.
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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.