Accurate prediction, controlled risk, and solid profits — follow the strategy and stay ahead!
At the market open today, I shared a buy strategy, aiming for a gap fill near 3266. However, during the Asian and European sessions, gold broke below its bullish trendline, indicating a shift in trend.
⚠️ Fortunately, I promptly alerted everyone before the U.S. session, minimizing any losses on long positions and advising a quick switch to short. At that point, I clearly stated:
➡️ “Price is likely to drop quickly to the 3180–3150 zone.”
📉 The market responded accordingly — short positions hit the target zone successfully.
Later, I pointed out the 3198–3209 resistance zone, emphasizing that without a breakout, prices would pull back again. The result? Gold stalled near 3198 and dropped to 3170, delivering solid profits for those who followed the plan.
🔍 Current Market Analysis:
✅ Closing price: Around 3177
This is a weak short-term bottom, and gold has not yet reached strong support levels. However, after such a sharp decline, a technical rebound is likely, and small long positions can be considered with proper risk control.
📌 Short-term resistance (30-minute chart):
3188
3194
3202
🎯 Key support zone (4H chart):
Primary support: 3134–3099
Intermediate levels: 3175 / 3163–3152
📈 If prices rebound to around 3200 or below and fall again,
👉 The 3134–3099 area could be ideal for medium-term long entries.
Key Event Alert:
This Thursday features:
U.S. Initial Jobless Claims (fixed time)
Thomas Laubach Research Conference (exact time TBD)
📌 The conference focuses on monetary policy and economic outlook, which may have a notable impact on gold. Be sure to watch closely.
🕰 I’ll continue sharing live strategies before and during the U.S. session tomorrow.
If you're trading gold, remember to manage risk carefully.
Follow the trend, trade with discipline — that’s the path to consistent success.
At the market open today, I shared a buy strategy, aiming for a gap fill near 3266. However, during the Asian and European sessions, gold broke below its bullish trendline, indicating a shift in trend.
⚠️ Fortunately, I promptly alerted everyone before the U.S. session, minimizing any losses on long positions and advising a quick switch to short. At that point, I clearly stated:
➡️ “Price is likely to drop quickly to the 3180–3150 zone.”
📉 The market responded accordingly — short positions hit the target zone successfully.
Later, I pointed out the 3198–3209 resistance zone, emphasizing that without a breakout, prices would pull back again. The result? Gold stalled near 3198 and dropped to 3170, delivering solid profits for those who followed the plan.
🔍 Current Market Analysis:
✅ Closing price: Around 3177
This is a weak short-term bottom, and gold has not yet reached strong support levels. However, after such a sharp decline, a technical rebound is likely, and small long positions can be considered with proper risk control.
📌 Short-term resistance (30-minute chart):
3188
3194
3202
🎯 Key support zone (4H chart):
Primary support: 3134–3099
Intermediate levels: 3175 / 3163–3152
📈 If prices rebound to around 3200 or below and fall again,
👉 The 3134–3099 area could be ideal for medium-term long entries.
Key Event Alert:
This Thursday features:
U.S. Initial Jobless Claims (fixed time)
Thomas Laubach Research Conference (exact time TBD)
📌 The conference focuses on monetary policy and economic outlook, which may have a notable impact on gold. Be sure to watch closely.
🕰 I’ll continue sharing live strategies before and during the U.S. session tomorrow.
If you're trading gold, remember to manage risk carefully.
Follow the trend, trade with discipline — that’s the path to consistent success.
Trade active
Gold has risen to around 3180. A buying strategy of 3134-3099 is given before the market. As long as there are friends who follow the signal to trade, I believe that they have made good profits now. Now the price is near the resistance and will fall back. Pay attention to the support of 3154-3142. If the support is not broken, the price will rise again.It should be noted that the data will have some impact on the technical form, but the general idea will not change. Buy below 3130 and sell above 3188
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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.
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.