
GOLD Futures forum
๏ปฟ
Buy Strategy:
Entry: 3,355.9 USD (near the volume profile support)
Take Profit 1 (TP1): 3,377.2 USD (21.3 points)
Take Profit 2 (TP2): 3,400.0 USD (44.1 points)
Stop Loss (SL): 3,322.1 USD (33.8 points)
Sell Strategy:
Entry: 3,377.2 USD (current price level)
Take Profit 1 (TP1): 3,355.9 USD (21.3 points)
Take Profit 2 (TP2): 3,322.1 USD (55.1 points)
Stop Loss (SL): 3,400.0 USD (22.8 points)


Im suspecting that Wave 4 is completed and we are now moving towards our wave 5 target.
I need a break and hold above 3382 for continuation up.
We could be looking at a few days of sideways move and accumulation before we continue towards our target, so be aware of it.



๐ Entry: Buy at 3,404 (after confirmed trendline breakout)
๐ฏ Target 1: 3,435 (~0.9%)
๐ฏ Target 2: 3,500 (~2.8%)
๐ Stop Loss: 3,370 (~1% risk)
๐ง Key Considerations
โ Confirmation: Wait for a clean breakout close
๐ Volume: High volume = strong breakout
๐ Sentiment: Macro conditions influence gold heavily
โ๏ธ Risk Management: Adjust size to your risk tolerance
๐ Macroeconomic Factors Affecting Gold
๐ Factor ๐ Impact on Price ๐ Current Trend
๐ช Geopolitical Tensions ๐ผ Increase Rising (e.g., Russia-Ukraine, U.S. tariffs)
๐ต U.S. Dollar Strength ๐ฝ Decrease Weakening amid trade fears
๐ฆ Interest Rates ๐ฝ Decrease Rate cuts expected from the Fed
๐ Inflation ๐ผ Increase Persistent โ gold seen as hedge
๐๏ธ Central Bank Buying ๐ผ Increase Accumulation rising in emerging markets
โ ๏ธ Economic Uncertainty ๐ผ Increase High โ safe-haven demand climbing
๐ Buy Strategy:
Entry: 3,348.9 (near 0.5 Fibonacci level & FVG)
TP1: 3,397.0 (Current resistance) โ +48.1 points
TP2: 3,420.0 (Next major resistance) โ +71.1 points
SL: 3,297.6 (Below 0.618 Fibonacci) โ -51.3 points
๐ Sell Strategy:
Entry: 3,397.0 (Current price)
TP1: 3,348.9 (Near 0.5 Fibonacci & FVG) โ +48.1 points
TP2: 3,297.6 (Below 0.618 Fibonacci) โ +99.4 points
SL: 3,420.0 (Next resistance level) โ -23 points