Trading balanceThe price is currently in the resistance zone and has prospects of entering the balance zone. If the balance zone is overcome, the price is able to reach the target near the opposite resistance zone.
XAUUSD trade ideas
Is the gold price range about to break out?Market news: On Thursday (March 27), the United States dropped a "tariff nuclear bomb" and announced a high tariff of 25% on imported cars. This radical policy, which will take effect on April 3, marks a comprehensive escalation of its trade war strategy. The auto industry warned that this move would trigger a chain reaction of soaring prices and stagnant production. Global stock markets plummeted in response, and the S&P 500 index fell 1.1% in a single day, setting the worst monthly performance in nearly a year. Gold prices fluctuated in a narrow range on Wednesday. Although the dollar index rose to a nearly three-week high, putting pressure on gold prices, concerns about the Trump administration's new tariffs continued to provide safe-haven support for gold prices. In the early Asian session on Thursday (March 27), spot gold fluctuated in a narrow range and is currently trading around $3,020/ounce. Investors need to pay attention to further market interpretations and changes in risk aversion sentiment. Market participants are now looking forward to the US personal consumption expenditure data to be released on Friday, which may provide more information on the path of US interest rate cuts. The final value of the fourth quarter GDP of the United States and the change in the number of initial jobless claims in the United States will be released on this trading day, and investors need to pay attention to them.
Technical Review:
For yesterday, overall, the long and short positions of gold were deeply trapped in the 3032-3012 range of oscillations and saws, and the high and low points fluctuated in a range of 20 points. For this situation, it is actually a small calm compared to the previous period. However, for this kind of fluctuation, it is not easy to clearly control the long and short positions. After all, it is too affected by the market, and the randomness of the rise and fall is also subject to multiple changes!
If it is to rise, once gold encounters resistance, the strength of the collapse is still quite obvious. If it is to fall, it has been hit by a pull-up and empty. To be honest, even if you squat at high and low points, it is difficult to control. After all, the actual situation is like this. The market is also brewing some big moves. Today, GDP is coming, and you still need to guard against the reverse outbreak of long and short positions.
Today's analysis:
Gold has slightly risen and fallen during the day, and the overall trend remains in a volatile trend. Gold is currently maintaining a narrow range of fluctuations on the daily trend, but the short-term moving average has gradually diverged downward, and there are signs of weakening in the short term on the daily line. The 4-hour level trend is temporarily maintained in a volatile state, and the price is temporarily compressed between 3010-3030!
The short-term moving average continues to maintain a state close to adhesion and flattening, and tends to continue to maintain a volatile trend in the short term. It is necessary to pay attention to the continued downward trend after a small break in the 4-hour level trend. In the small-level cycle trend, after touching the previous support band, there are signs of stabilization. Pay attention to the short-term adjustment.
From the overall situation, gold is definitely in the bull market stage. At present, there is strong buying defense at the 3000 mark, and the "W" double bottom Zou shape has appeared below. If it successfully breaks through the 3035 watershed, it is expected to test the pressure near 3045 and the historical high of 3057. Now the low point of the callback begins to move up slowly, showing a small upward trend. Pay attention to the breakout market. The daily cycle hovers around the angle of the short-term moving average. There is a choice of direction at any time. Follow after the breakout!
Operation ideas:
Buy short-term gold at 3010-3013, stop loss at 3002, target at 3035-3045;
Sell short-term gold at 3038-3040, stop loss at 3049, target at 3000-3010;
Key points:
First support level: 3016, second support level: 3008, third support level: 2993
First resistance level: 3030, second resistance level: 3038, third resistance level: 3046
March 26 – Wednesday Gold RecapStarted the day with a solid setup—but the market had other plans.
❌ First Trade
Took a confident entry based on the structure, but price didn’t follow through. Got stopped out for -70 pips. Not the start I hoped for, but losses happen.
✅ Midday Recovery
Price realigned, and a new opportunity formed. I stayed disciplined and took the trade—secured a clean +80 pip move. That brought the confidence back.
✅ Final Trade
Saw one more setup before the day ended. Clean reaction, great execution, and I closed it with another +60 pips.
📊 Total Result: +150 Pips
From red to green—discipline made the difference. The system stayed intact, and recovery was smooth.
💬 Takeaway: One loss doesn’t define the day. Focus. Reset. Re-enter.
gold still ranginggold has been sweeping liquidity and tough for most trader to trade in this range unless scalpers.
it has been sideways for the last 3 days and the range is getting smaller which is a good sign of break of structure soon.
nevertheless to take a trade at the first nreak could potentially be risky unless small range scalp.
current CMP support stands at 3010-12 whereby resistance at 3030-3032.
a break above would give a good confirmation of continuation however a break below could be a manipulation break so be mindful.
XAUUSD Buy Order BlockI am hoping we can have price fall to the 3018 order block so we can start looking to long gold. The trend assumes a hunt for another all time high, but we will see how it goes
Five powerful trading psychology tips to help youHere are five powerful trading psychology tips to help you cope with losses and stay in the game without giving up:
1. Accept Losses as Part of the Game
Losses are inevitable in trading—even the best traders lose. Instead of fearing them, see losses as the cost of doing business and a learning opportunity. Keep a trading journal to analyze your mistakes and improve over time.
2. Control Your Emotions & Stick to the Plan
Emotions like fear and greed lead to revenge trading and overleveraging. Set clear rules for stop-losses, position sizing, and risk per trade. Never move your stop loss out of desperation—respect your trading plan.
3. Manage Your Risk Like a Pro
Follow the 1-2% risk per trade rule to protect your capital. If you lose small, you can always come back. A good risk-to-reward ratio (at least 1:2 or 1:3) ensures that even a 40% win rate can still be profitable in the long run.
4. Take Breaks & Maintain a Strong Mindset
If you experience a streak of losses, step away from the charts for a while. Clear your mind, do something unrelated to trading, and return with a fresh perspective. Trading with a stressed or emotional mindset leads to bad decisions.
5. Focus on the Long-Term Vision
Trading success doesn't happen overnight. Many traders blow their accounts because they want quick riches. Instead, focus on consistency, discipline, and skill-building. If you trust the process and stay patient, the results will come.
Below is an example of a trading checklist that I follow before I take any trade, this helps me stay disciplined, manage risk, and avoid emotional decisions:
✅ Trading Psychology Checklist
🔹 Before Entering a Trade:
☐ Did I follow my trading plan? (No random trades, only high-probability setups)
☐ Am I trading based on logic, not emotions? (No FOMO, revenge trading, or overconfidence)
☐ Is my risk properly managed? (1-2% risk per trade, proper lot size)
☐ Does this trade have a good risk-to-reward ratio? (At least 1:2 or 1:3)
☐ Did I place my stop loss and take profit before executing the trade?
🔹 While in a Trade:
☐ Am I sticking to my original plan? (No moving stop losses or take profit out of emotions)
☐ Am I avoiding overtrading? (Only taking quality setups, not forcing trades)
☐ Am I managing my emotions? (Staying calm, not panicking over small fluctuations)
🔹 After Closing a Trade:
☐ Did I journal my trade? (Win or lose, record entry, exit, and emotions during the trade)
☐ Did I review what went right or wrong? (Learn from mistakes and improve)
☐ Am I sticking to my daily trading limit? (No excessive trading after wins or losses)
☐ Am I taking breaks and staying mentally refreshed? (Not glued to charts 24/7)
Feel free to copy. But remember to support this with a boost if you enjoyed reading it.
XAUUSD: 26/3 Today’s Market Analysis and StrategyGold technical analysis
Daily chart resistance 3057-3100, support below 2999
Four-hour chart resistance 3038, support below 2999
One-hour chart resistance 3032, support below 3014
Gold news analysis: The market is reassessing the potential impact of the latest US tariff policy on global commodity liquidity. Yesterday, US President Trump signed an executive order announcing that a 25% "secondary tariff" would be imposed on countries that purchase oil from Venezuela, a move that could significantly increase the import cost of Indian goods. At the same time, gold ETFs saw rare inflows at the end of the first quarter, laying the groundwork for price trends in the second quarter. After experiencing a rapid rise at the beginning of this year, both gold and silver fell and pulled back in the past week. Although increased risk appetite, rising bond yields and a stronger dollar are widely used to explain recent price movements, correlation analysis suggests that there may be other factors driving prices back down. Due to the relatively light economic data release schedule and the end of the quarter approaching, the exchange market did not show a clear upward or downward trend.
Gold operation suggestions: From the current trend analysis, today's upper short-term resistance focuses on the one-hour level 3032 and the four-hour level 3038 line, and the lower short-term support focuses on the vicinity of 3014. Overall, we rely on this range to maintain a high-sell-low-buy strategy and patiently wait for key points to enter the market.
Sell: 3038near SL: 3042
Sell: 3014near SL: 3020
Buy: 2999near SL: 2994
Use small-size transactions
Gold is expected to rise to the 3030-3040 zone againGold encountered a clear rejection signal after reaching around 3036, indicating the presence of resistance and a technical need to retest support. Currently, gold is undergoing this support retest.
Within the current structure, gold has established a notable W-bottom pattern, with key support formed around the 3000 and 3003 levels. This structural support remains relatively strong. If gold manages to hold above the 3015-3005 support zone during the retest, a renewed upward move is likely. In that scenario, gold could resume its ascent, potentially retesting the 3030-3040 resistance range.
So in terms of short-term trading, if gold pulls back to the 3015-3005 zone, we can consider going long on gold in moderation.I would make more detailed trading plans and trading signals every day according to the real-time market situation, which is also the testimony of every successful transaction and profit of mine; the article has a certain lag, if you want to copy the trading signals to make a profit, or master independent trading skills and thinking, you can choose to join the channel at the bottom of the article
Gold Market Bulls Hold Strong After 3002 MitigationGold market maintains its bullish momentum after mitigating the imbalance at 3002. With strong buy-side pressure, price action remains firm as bulls look to wedge up towards 3052 from the current 3022 level. Market sentiment continues to favor an upward push as the structure holds steady follow for more insights , comment , and boost idea
GOLD short-term analysis, continue to fluctuate and consolidateTechnically, the gold daily chart rose slightly yesterday, and the price closed within the range of MA10-7-day moving average. The Bollinger Bands of the 1-hour chart and the 4-hour chart have narrowed, and the price is now adjusted near the middle track of the Bollinger Band!
The upper track of the four-hour chart suppresses the 3038 line, the lower track supports the 3003 line, the MA10/7-day moving average is glued, and the RSI indicator is flat. It is expected that the gold price will continue to fluctuate in a wide range, and the trading idea is still to sell at a high level, and then consider buying at a low price.
Gold is currently temporarily maintaining a high-level shock repair in the daily trend. After continuous shocks in the 4-hour level trend, the technical pattern has begun to gradually repair and complete, the short-term moving average has begun to gradually turn around and diverge upward, and the K-line chart has begun to slowly stand on the short-term moving average support. In the short-term trend, bulls have an advantage, but the current price is temporarily under pressure around 3035.
The overall market is still volatile. The US market reached a high of 3036 and fell under pressure. This position is the 0.618 resistance of the decline and rebound. At the same time, it has risen three times. Note that buying needs to find the right position. Today, you can pay attention to the 3005/3008 support to go long. In the short term, the market is volatile, and both long and short positions have the opportunity to participate.
On the 1-hour chart of gold, the price has fallen back after touching the previous pressure zone. In the short-term trend, the technical pattern has also begun to weaken. It tends to have some adjustment space in the short term, but the adjustment strength is uncertain.
At present, the bottom divergence pattern is formed on the hourly chart, and the short-term moving average turns upward. It is expected that gold will still have a rebound demand in the short term. If the gold price stabilizes above $3010, the short-term target will be the $3035-3045 range, and further breakthroughs are expected to test $3050.
Key points:
First support: 3013, second support: 3005, third support: 2992
First resistance: 3032, second resistance: 3038, third resistance: 3046
Operation ideas:
Buy: 3005-3008, SL: 2996, TP: 3020-3030;
Sell: 3033-3035, SL: 3044, TP: 3015-3010;
High-Probability GOLD SELL | Tapping 3035-3032 Zone | PotentialGold is approaching a critical 3035-3032 liquidity zone, where we anticipate a potential rejection and strong bearish movement. This area serves as a key resistance, and the market is likely to tap into this zone before a downward move toward 3000 .
Trade Rationale
🔹Key Resistance Zone 3035-3032 is a significant supply area where selling pressure is expected.
🔹Liquidity Grab Price may test this zone before a sharp decline.
🔹Break of Previous Low A move below this level could trigger further bearish momentum.
🔹Targeting 3000 CAPITALCOM:GOLD If the structure holds, gold has the potential to drop further.
🔹High-Risk to Reward Ratio A well-calculated entry here offers an optimal trade setup.
📉Trade with proper risk management! Stay tuned for further confirmations and execution updates.
📲 Follow for expert insights & real-time market updates! #GoldAnalysis #ForexTrading #SellSetup #MarketInsights
Staying above $3,000, risk cools but still supports GOLDOANDA:XAUUSD prices corrected lower and then recovered slightly, maintaining price action above the $3,000 flat level, which is an important support for the short-term bullish outlook, as US President Trump eased his stance on imposing tariffs on trade partners and market risk appetite increased significantly, putting pressure on safe-haven assets such as gold. In addition, gold prices were also dragged down by the US Dollar hitting a more than two-week high.
OANDA:XAUUSD prices have hit a record high 16 times this year, reaching an all-time high of $3,057.21/oz last week.
Trump May Exempt Some Countries from Tariffs, Wall Street Optimistic
Trading sentiment on Wall Street was positive as US President Trump suggested a partial delay in some tariffs originally scheduled to be imposed on April 2.
According to the Wall Street Journal, US President Trump said he may reduce retaliatory tariffs scheduled to be imposed on US trading partners next month and some countries may be exempted.
According to Bloomberg, US President Trump announced on April 2 that he would impose tariffs on specific countries instead of reciprocal tariffs on most countries. These measures target the so-called “Dirty 15” trading partners.
Trump’s tariff policy stance has shown signs of softening, easing investors’ concerns about the risk of a global trade war.
Gold is traditionally seen as a safe investment during times of geopolitical and economic uncertainty, and it typically performs well in low-interest-rate environments.
The Federal Reserve kept interest rates unchanged last week, signaling the possibility of two 25-basis-point cuts this year.
U.S. and Russian officials are holding talks in Saudi Arabia in hopes of making progress on a broad ceasefire in Ukraine. Washington also hopes to negotiate a separate maritime ceasefire in the Black Sea before reaching a broader agreement.
Overall, the market is showing some signs of cooling down, providing the possibility of a correction for gold prices after a long period of consecutive increases. However, in terms of the overall market picture, gold is still fundamentally on the rise, as potential risks still appear frequently and any unexpected impact from geopolitical and trade risks will also cause gold prices to increase strongly.
Technical outlook analysis of OANDA:XAUUSD
On the daily chart, gold corrects lower but remains fixed above the base price of 3,000 USD, which is noted as an important support for the short-term bullish outlook, sent to readers in the previous issue.
In the short term, the upside target is around 3,021 USD, the price point of the 0.50% Fibonacci extension, once this level is broken on gold, it can continue to increase with the target of 3,051 USD in the short term, more than the all-time high then the 0.618% Fibonacci extension.
Overall, as long as gold remains within the price channel, above the EMA21, it still has a bullish technical outlook, the current price declines should only be considered as a short-term correction without changing the main trend.
During the day, the technical uptrend of gold will be focused again as follows.
Support: 3,000 – 2,977 USD
Resistance: 3,021 – 3,051 – 3,057 USD
SELL XAUUSD PRICE 3037 - 3035⚡️
↠↠ Stoploss 3041
→Take Profit 1 3029
↨
→Take Profit 2 3023
BUY XAUUSD PRICE 2978 - 2980⚡️
↠↠ Stoploss 2974
→Take Profit 1 2986
↨
→Take Profit 2 2992
Analysis of the latest gold price trends!Market news:
In the early Asian session on Wednesday (March 26), spot gold fluctuated in a narrow range and is currently trading around $3,017/ounce. London gold prices rose slightly on Tuesday, temporarily staying above the 3,000 integer mark. On the one hand, tariff concerns still provide safe-haven support, and on the other hand, the poor performance of US consumer confidence data dragged down the trend of the US dollar and US bond yields, providing support for international gold prices! There is uncertainty about Trump's tariff plan to be announced next week. Investors are worried about the world situation, especially US policies, so they buy gold investment as an alternative asset because they are worried that the US government may plunge the world into a global recession. Supported by safe-haven demand, gold prices rose. It is generally expected that Trump's tariff policy will drag down economic growth, trigger further trade tensions, and push up inflation. Currently waiting for the US personal consumption expenditures (PCE) price index to be released on Friday to look for hints about the Fed's further policy moves. In addition, investors need to pay attention to the performance of the initial monthly rate of durable goods orders in the United States in February on this trading day. Meanwhile, the United States said it had reached agreements with Ukraine and Russia to ensure safe navigation in the Black Sea and prohibit strikes on energy facilities in both countries. Investors need to pay attention to changes in risk aversion in the market.
Technical Review:
Technically, the gold daily line closed with a small positive repair yesterday, and the price closed within the range of MA10-7-day moving average. The Bollinger bands of the hourly chart and the four-hour chart were all closed, and the early price of 3020 was in the middle track of the Bollinger band adjustment! The upper track of the four-hour chart suppressed the 3038 line, the lower track supported the 3003 line, the MA10/7-day moving average was glued, and the RSI indicator was flat. It is expected that the gold price will continue to fluctuate in a wide range, and the trading idea will still be based on high-altitude swing trading, and low-multiple auxiliary short-term participation.
Today's analysis:
Gold is currently temporarily maintaining a high level of shock repair in the daily trend. In the 4-hour level trend, after continuous shocks, the technical pattern has gradually been repaired. The short-term moving average has gradually turned upward and diverged. The K line has slowly stood on the short-term moving average. In the short-term trend, it is maintained in a stronger trend. The current price is temporarily under pressure around 3035. However, the overall market is still volatile. The US market reached 3036 at the highest and fell back under pressure. This position is the 618 resistance of the decline and rebound. At the same time, it has risen three times. Note that more positions are required. Today, you can pay attention to the 3005/3008 support to buy. In the short-term, the shock market can be seen. Both buying and selling can participate. In the hourly level trend of gold, the price has fallen back after touching the previous pressure zone. In the short-term trend, the technical pattern has also begun to weaken. It tends to have a certain adjustment space in the short term, but the strength needs to be considered. At present, the bottom divergence pattern has formed on the hourly chart. At the same time, the short-term moving average has turned upward. It is expected that gold will still have a rebound demand in the short term. If the gold price stabilizes above $3,010, the short-term target will be in the $3,035-3,045 range, and further breakthroughs are expected to test the $3,050 line.
Operation ideas:
Buy short-term gold at 3005-3008, stop loss at 2996, target at 3020-3030;
Sell short-term gold at 3033-3035, stop loss at 3044, target at 3000-3010;
Key points:
First support level: 3013, second support level: 3005, third support level: 2992
First resistance level: 3032, second resistance level: 3038, third resistance level: 3046
XAUUSD The ultimate Sniper Entry Plan for 25 March 2025XAU/USD - Daily Review & Sniper Entry Plan - March 25th, 2025
✨ Overall Bias:
Monthly: Bullish, but with a candle showing exhaustion, potential pullback towards discount.
Weekly: Indecision, but we have a small CHoCH on the structure - possible correction towards the 2980 zone.
Daily: Clear bearish candle on Friday, followed by a mild correction on Monday. Liquidity grab below 3000, but close above.
🌐 Timeframe Breakdown:
D1:
Last confirmed CHoCH.
Imbalance and FVG in the 3022-3035 zone.
Potential bearish OB between 3031-3036.
RSI below 50, momentum fading.
H4:
Lower highs / lower lows structure.
Bearish confirmation: BOS + rejection from OB.
Imbalance 3016-3026.
EMA 21 and 50 acting as dynamic resistance.
H1:
Last CHoCH in the 3024 zone.
Bearish engulfing confirmation.
Unfilled FVG: 3016-3020.
RSI < 40, increasing volume on bearish candles.
M30 / M15:
BOS on M15 and retest in the area of interest.
Last swing high at 3018.13.
Liquidity above 3018 and 3024 (EQH), below 3000 (EQL).
🔹 Sniper Entry Scenarios
Scenario 1 (Short)
Entry: 3018 - 3022 (FVG zone + OB + 61.8% Fibonacci)
Confirmation: M15 bearish engulfing or BOS + retest.
SL: above 3028
TP1: 3000
TP2: 2985 (discount zone + liquidity)
Scenario 2 (Long - Countertrend/Scalp)
Entry: 2985 - 2990 (liquidity zone )
Confirmation: M15 BOS + bullish pattern (engulfing/pin)
SL: below 2979
TP1: 3000
TP2: 3015
🔹 POI (Key Zones):
3022-3028: FVG + OB + 61.8% Fibonacci - potential short zone
3018.13: EQH - liquidity inducement
2985: Daily OB + 78.6% Fibonacci - potential buy zone
🌍 EMA Guide:
EMA 5 < 21 on H1 and M30: bearish momentum
EMA 50 acting as dynamic resistance (on H1: 3022)
🔹 Conclusion: Favorable short on retracement to the 3018-3022 zone with confirmation. Target remains the 2985 zone for liquidity. Market response around 2985 will give clarity for potential buy/scalp.
⏳ Expectations: After the Daily close, we can expect liquidity inducement towards 3020+, followed by a dump towards 2990-2985.
🔔 Don't forget to Like, Share, and Follow for more updates! Let's hit that target together! 💰📈
👉 Like if you found this helpful and follow for future setups!
XAU/USD For Bullishwait for pull-back near by entry point and then go long
general trend is up trend
have fun :)
Gold's analytical strategy signalsDouble Bottoms appear in a downtrend and reverse it to the upside as price breaks through the resistance line. It is considered a bullish reversal chart pattern since the price holds a low two times and eventually continues with a higher high. The bounce between the two lows should be moderate.
Support and Resistance Levels:
support levels are 2976, while resistance levels are 3056.80
Indicators:
The RSI is at 51.10, indicating bullish momentum.
Overall, gold's price is expected to continue its bullish trend.
we Consider buying
Gold buy Entry: 3018
TP: 3029
TP: 3048
TP: 3056.8
TP: 2998
SL: 3000
3.26 Gold 3020 shock adjustment technical analysisOn Wednesday (March 26) in the Asian session, spot gold prices traded above $3,020/ounce, and the market is reassessing the potential impact of the latest U.S. tariff policy on global commodity liquidity.
Interpretation of intraday technical analysts:
The 60-minute chart shows that gold prices are at a critical decision point, with MA55 (3019.70) and MA14 (3015.83) gradually approaching, and prices stabilizing above MA200 (3009.71), and the short-term moving average system showing a bullish arrangement. It is worth noting that the price of $3,020 constitutes an important intraday balance point, the MACD indicator diverges from the bottom and presents a golden cross, DIFF (0.54) crosses DEA (-1.07), and the column expands to 3.20, indicating that momentum is accumulating. The three RSI lines are unified in the neutral area of 54.05, leaving room for price breakthroughs. The first resistance above is in the 3028-3033 range. If it breaks through, it will test the previous high of 3047; the 3011.67-2997.86 area below forms a dense support belt.
I will send the exact entry point in my channel link. If you need it, you can click on my link and get it for free.
Today, beware of a sharp drop in gold prices: 3005--3010Today, beware of a sharp drop in gold prices: 3005--3010
From a technical perspective:
As shown in the figure: Four-hour cycle
After gold was blocked near 3021, the short-term downward pressure increased, forming an obvious downward channel.
The upper short-term resistance is concentrated in the 3020-3025 range
The lower support is at 3005-3000.
If the gold price cannot stand firm at the current price during the European session today, and continues to fall and break the support, it is expected to fall further to around 2980.
Therefore, it is necessary to focus on the support near 3000-3005.
Once it falls below this price, the gold price may fall sharply.
Similarly, we must believe in the power of the trend
As long as the price runs above 3005-3010, then adopt an unwavering long strategy
DeGRAM | GOLD decline from the retracement levelGOLD is under an ascending channel between trend lines.
The price is moving from the dynamic resistance.
The chart maintains a descending structure and reacts downward on reaching the 50% retracement level.
We expect the decline to continue.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Potential Selling Opportunity on Gold – London Session UpdateHello Traders,
During the early London session, we have identified a potential selling opportunity on Gold. Recent price action suggests that Gold has been struggling to gain bullish momentum, exhibiting a series of lower highs and lower lows on the lower timeframes. Additionally, price appears to be respecting a minor dynamic resistance, reinforcing short-term bearish sentiment.
Given this structure, I am considering short positions with key downside targets at 2999 (previous week's low) for the short term and 2980 as an extended target.
How do you plan to approach Gold trading today? Share your thoughts in the comments.
Descending Channel in XAU/USD (Gold)Trade Setup for Descending Channel in XAU/USD (Gold)
**📉 Bearish Trade Setup (Sell Strategy)**
Since the price is trending within a descending channel, the best trade approach is to **sell at resistance** and **target support levels**.
**📌 Entry Points:**
🔹 **Sell Entry #1:** Near the upper boundary of the descending channel (~3,020 - 3,030).
🔹 **Sell Entry #2:** If price retests and fails to break above the 21 EMA (~3,015 - 3,018).
**🎯 Target Levels (Take Profit - TP):**
✅ **TP1:** 3,000 (Psychological level and lower channel support)
✅ **TP2:** 2,980 (Next major support zone)
✅ **TP3:** 2,960 (Extended target if the trend continues)
**🔒 Stop Loss (SL):**
🚨 **SL Above 3,035-3,040:** If price breaks out above the descending channel, it invalidates the setup.
**📊 Trade Confirmation:**
✅ **EMA Rejection:** Watch for price rejecting the **21 EMA (Blue Line)** as resistance.
✅ **Volume Analysis:** Look for increased selling volume when price approaches resistance.
✅ **Bearish Candlestick Patterns:** Such as **bearish engulfing, shooting star, or evening star** near resistance.
**📈 Alternative Bullish Setup (If Trend Breaks Upward)**
If price **breaks above 3,040 with strong volume**, it could signal a trend reversal. In this case:
🔹 **Buy Entry:** After a confirmed breakout & retest above 3,040.
🎯 **Targets:** 3,060 - 3,080.
🚨 **SL:** Below 3,030.
**Conclusion:**
🔻 **Primary Strategy: Sell on Rallies within the Channel.**
🔺 **Alternative Plan: Wait for a Bullish Breakout Before Buying.**
📉 **Stay disciplined with Stop Loss & Risk Management!*
HelenP. I Gold will continue to move up in rising channelHi folks today I'm prepared for you Gold analytics. After a strong bullish rally, Gold broke above the resistance around 3000 and continued moving inside the ascending channel. The price reached the 3060 area before starting a correction. This pullback brought the price back to the previously broken resistance — now acting as support — and also to the trend line and lower boundary of the channel. Buyers quickly reacted from this zone, confirming their strength and interest in higher levels. Now the price is trading above the Support Zone, and the overall market structure remains bullish. The reaction from the 3000 level shows that this area is well protected by buyers, and the trend line continues to hold. This setup creates a high-probability scenario for a further upward move. As long as the price stays above 3000 and within the channel, I expect XAUUSD to continue rising toward the 3080 points — my current goal. This level aligns with the upper boundary of the channel and represents the next resistance area, where we may see some profit-taking. Given the recent price action, the impulse move, and the bounce from the support zone, I remain bullish and anticipate further growth. If you like my analytics you may support me with your like/comment ❤️
GOLD ROUTE MAP UPDATEHey Everyone,
Great finish to the week with our chart ideas playing out, as analysed.
We completed our Bullish targets 2993, 3011, 3029 and 3049 all with cross and lock confirmations to give us plenty of time to get in for the action. No further lock above 3049 confirmed the rejection into the lower Goldlturns, which all gave the 30 to 40 pip bounces inline with our plans to buy dips, just like we always state.
BULLISH TARGET
2993 - DONE
EMA5 CROSS AND LOCK ABOVE 2993 WILL OPEN THE FOLLOWING BULLISH TARGET
3011 - DONE
EMA5 CROSS AND LOCK ABOVE 3011 WILL OPEN THE FOLLOWING BULLISH TARGET
3029 - DONE
EMA5 CROSS AND LOCK ABOVE 3029 WILL OPEN THE FOLLOWING BULLISH TARGET
3049 - DONE
We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead and also a new Daily chart long term chart idea, now that this one is complete.
Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
