📌 Market Overview
Gold has surged to a new all-time high (ATH), approaching the critical $3,000 per ounce level. The rally has been fueled by recent inflation data (CPI & PPI), which has heightened market volatility. The US Dollar Index (DXY) has dropped to its lowest levels in recent months, further strengthening gold’s bullish momentum. As a result, investors are aggressively buying gold as a safe-haven asset amidst global economic and geopolitical uncertainty. 🚀
👉 Why is gold continuing to rise?
Investors are piling into gold, despite record-high prices, as uncertainty continues to drive demand for safe assets.
Donald Trump’s economic policies have added market instability, increasing gold's appeal.
As long as the USD remains weak, gold will continue to be a top investment choice.
📊 Will Gold Break Above $3,000?
🔹 Short-Term Outlook:
The Asian and European sessions are expected to remain bullish as investors continue accumulating gold.
The US session could bring some profit-taking, leading to temporary price swings.
Friday is historically volatile, meaning sharp pullbacks are possible before the week closes.
📉 Key Technical Levels to Watch
🔺 Resistance Levels: $3,000 - $3,019 - $3,039 - $3,052
🔻 Support Levels: $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 - ???
🟢 SCALP BUY: $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 – A Correction Before the Next Move?
📌 Gold continues its strong rally, but Friday could bring volatility as traders lock in profits.
📌 Stick to TP/SL strategies to manage risks and avoid sudden market swings.
📌 Watch the US session closely – major moves could happen!
💬 Will gold break $3,000 or face a sharp correction? Drop your thoughts below! 🚀🔥
Gold has surged to a new all-time high (ATH), approaching the critical $3,000 per ounce level. The rally has been fueled by recent inflation data (CPI & PPI), which has heightened market volatility. The US Dollar Index (DXY) has dropped to its lowest levels in recent months, further strengthening gold’s bullish momentum. As a result, investors are aggressively buying gold as a safe-haven asset amidst global economic and geopolitical uncertainty. 🚀
👉 Why is gold continuing to rise?
Investors are piling into gold, despite record-high prices, as uncertainty continues to drive demand for safe assets.
Donald Trump’s economic policies have added market instability, increasing gold's appeal.
As long as the USD remains weak, gold will continue to be a top investment choice.
📊 Will Gold Break Above $3,000?
🔹 Short-Term Outlook:
The Asian and European sessions are expected to remain bullish as investors continue accumulating gold.
The US session could bring some profit-taking, leading to temporary price swings.
Friday is historically volatile, meaning sharp pullbacks are possible before the week closes.
📉 Key Technical Levels to Watch
🔺 Resistance Levels: $3,000 - $3,019 - $3,039 - $3,052
🔻 Support Levels: $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 - ???
🟢 SCALP BUY: $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 – A Correction Before the Next Move?
📌 Gold continues its strong rally, but Friday could bring volatility as traders lock in profits.
📌 Stick to TP/SL strategies to manage risks and avoid sudden market swings.
📌 Watch the US session closely – major moves could happen!
💬 Will gold break $3,000 or face 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 prices. 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.