Gold initiates its trajectory toward the $4,000 markGold (XAU/USD) has confirmed a major bullish breakout from a long-term Cup and Handle formation, pointing to a macro target of $4,044.90. While price approaches immediate resistance at $3,404.72, the bullish structure remains intact above the breakout support zone. A retracement towards ISL or SL zones could offer potential re-entry opportunities in line with the prevailing uptrend.
XAUUSDG trade ideas
GOLD ROUTE MAP UPDATEHey Everyone,
Great start to the week with our chart idea playing out, as analysed.
We started of with our bearish target hit at 3230 followed with ema5 cross and lock below 3230 opening 3201, which was hit perfectly and followed with the weighted bounce of over 40 pips inline with our plans to buy dips.
We will now either look for support above this Goldturn level for a continuation above or a cross and lock below 3201 will open the Goldturn level below.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3261
EMA5 CROSS AND LOCK ABOVE 3261 WILL OPEN THE FOLLOWING BULLISH TARGET
3292
EMA5 CROSS AND LOCK ABOVE 3292 WILL OPEN THE FOLLOWING BULLISH TARGET
3324
EMA5 CROSS AND LOCK ABOVE 3324 WILL OPEN THE FOLLOWING BULLISH TARGET
3352
BEARISH TARGETS
3230 - DONE
EMA5 CROSS AND LOCK BELOW 3230 WILL OPEN THE FOLLOWING BEARISH TARGET
3201 - DONE
EMA5 CROSS AND LOCK BELOW 3021 WILL OPEN THE RETRACEMENT RANGE
3179
3152
EMA5 CROSS AND LOCK BELOW 3167 WILL OPEN THE SWING RNGE
3120
3094
EMA5 CROSS AND LOCK BELOW 2975 WILL OPEN THE SECONDARY SWING RANGE
SECONDARY SWING RANGE
3069 - 3038
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Real-time Operation Explanation of XAUUSDLooking back on our previous analyses, we have repeatedly emphasized the close correlation between the easing of tariff issues and the pullback in the price of gold 🔍 Now, based on the judgment of the latest market dynamics, today's trading strategy for gold still maintains short selling as its main tone 📉 Here, we solemnly remind all freelance traders that to avoid the risk of account liquidation caused by drastic market fluctuations, it is advisable to stay away from taking long positions as much as possible ⚠️
From a technical analysis perspective, 3340 has formed a solid resistance barrier 🚧 Once the price of gold rises and reaches this area, it is highly likely to encounter strong selling pressure and decline 📉 This is precisely the optimal time to place a short order 📝 If the price breaks through 3340, look up to the range of 3360 - 3380, and continue to place short orders. In addition, the price range of 3330 to 3320 deserves special attention 👀. As the starting point of a large bullish candlestick on the hourly chart, it is also a potential support level for long positions during retracements 📈 At the same time, the gain or loss of the key support level of 3280 below is of great significance 📊 If this support level is effectively broken, it indicates that the bearish forces have full control of the market, and the price of gold may initiate a new round of decline ⬇️ The next target price can be focused on around 3195 🎯. It is crucial to keep in mind that in the actual trading process, formulating a rigorous SL and TP strategy, as well as reasonably managing the position size, are the keys to achieving stable trading 🔑
⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️
🚀 Sell@3380 - 3360 - 3340
🚀 TP 3330 - 3320 - 3300 - 3280
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟
Gold's retracement is an opportunity to go longStay long and don't relax. Continue to buy gold when it falls back!
The gold market has fluctuated violently recently, with a rise of $100 and a fall of $90, which has brought great obstacles to our trading. Long and short positions with bad entry positions will be washed out, so we need to wait patiently for opportunities in operation. The strong market remains unchanged. Continue to buy when it falls back. Find the watershed position to participate in the transaction. It is better to miss it than to be too aggressive. In the Asian session, I will share with you the support of the 3405/3410 watershed of gold. I will rely on this position to buy when it falls back. Gold hit a high of 3499 during the day, which is one step away from 3500. The European and American sessions fell back by $90, which just happened to fall back to the watershed position shared with you in the Asian session. The long orders have also been realized at the target position. Friends who have participated should pay attention to protecting profits, and friends who are short should wait patiently for opportunities and not be too aggressive!
GOLD-SELL strategy 6 Hourly chart regression channelGOLD has moved up sharply but it is. again above the channel, and this usually will not last. It needs to correct back towards mid-channel over time.
The RSI is very overbought, but other indicators how still some upward pressure, however, I use the channel as my guidance for now.
Strategy SELL or ADD SELL @ $ 3,375-3,415 and take profit near $ 3,257 for now partially and further down rest @ $ 3,079.
GOLD at its peak, Trump and Powell in focusSpot OANDA:XAUUSD surged, with gold just hitting a new record high of $3,384.62 an ounce. Gold is now up more than $60 on the day. Trump's comments and the Powell "conspiracy" have combined to trigger market activity.
Earlier, US President Donald Trump released his insights into the negotiations on his social media platform Truth Social, saying that "the golden rule of negotiation and success is that he who has the gold makes the rules," meaning he who has the gold will have the upper hand. This post on gold is quite interesting, considering the market volatility caused by Trump's previous comments on stocks on social media.
Gold prices have surged to a record high as the U.S.-led trade war fuels safe-haven demand and the dollar weakens, Bloomberg reported, and data in the coming days could highlight early signs of damage to the global economy.
The International Monetary Fund is expected to cut its economic growth forecast on Tuesday, while the Purchasing Managers’ Index (PMI) the following day will provide a snapshot of economic activity since U.S. President Donald Trump imposed tariffs.
Gold prices have hit record highs this year as trade conflicts have roiled global markets, denting demand for riskier assets while spurring a rush to safe havens among investors.
Gold ETF holdings have risen for a 12-week streak, the longest such streak since 2022. Central banks have also increased their holdings of gold, supporting strong global demand.
Bloomberg notes that the sell-off in the US dollar intensified on Monday as US President Trump weighs whether to fire Federal Reserve Chairman Jerome Powell.
Powell's possible removal could undermine investor confidence as the Fed's independence is seen as a key factor in investing in US assets. However, given that Trump has previously said he welcomes a weaker currency because it makes US products more competitive, he may welcome a weaker US dollar.
Technical Outlook Analysis OANDA:XAUUSD
On the technical chart, the short correction last Friday ended quickly as gold continued to rise along the short-term price channel.
The increase broke the 0.618% Fibonacci extension, giving gold the conditions to continue to rise with the target of the 3,400 USD price point in the short term, more than the 3,420 USD price point of the 0.786% Fibonacci extension.
It is difficult to expect a significant correction in the current context, but the RSI down through 80 can be considered a good signal for the expectation of a short-term correction.
However, with the current position, the main technical outlook for gold is still bullish with notable positions listed as follows.
Support: 3,372 – 3,357 USD
Resistance: 3,400 – 3,420 USD
SELL XAUUSD PRICE 3414 - 3412⚡️
↠↠ Stop Loss 3418
→Take Profit 1 3406
↨
→Take Profit 2 3400
BUY XAUUSD PRICE 3316 - 3318⚡️
↠↠ Stop Loss 3312
→Take Profit 1 3324
↨
→Take Profit 2 3330
XAUUSD Downtrend Continues- Is 3,175 the Next Stop?OANDA:XAUUSD is currently trading within a well-defined descending channel, with price action consistently forming lower highs and lower lows. This structure reflects sustained bearish momentum, and sellers continue to dominate the overall direction.
The recent upward move appears to be a technical rebound, with price approaching a potential resistance zone near the upper boundary of the channel. This area may now serve as a supply zone after acting as previous support, making it an important region for potential rejection.
If the resistance holds, a rejection here could lead to the continuation of the bearish trend, with a potential move targeting the support area around 3,175, aligning with the lower boundary of the descending channel.
However, failure to hold below this level could invalidate the bearish scenario and increase the likelihood of a retest toward the upper boundary of the channel.
Traders should monitor for clear rejection signals at resistance, such as bearish engulfing candles or strong rejection wicks, or alternatively, wait for breakout confirmation before considering a trend shift. As always, proper risk management remains essential.
April 24 NY Recap – XAUUSD Buy Sniped from 3310 to 3340🎯 April 24 NY Recap – XAUUSD Buy Sniped from 3310 to 3340 💥our first TP
Today’s NY session was all about precision and patience.
🔹 The market opened with a calm continuation of the post-Claims structure, giving bulls a final chance to reenter from the 3310 sniper zone, previously posted in our daily plan.
📍 Breakdown of the 3310 Buy
• Zone: H1–H4 demand confluence
• Confirmation: Clean rejection on M15, followed by consolidation and impulsive breakout
• Confluence:
– Untouched OB + FVG
– Price locked above M30 EMA100
– Discounted fib zone
– RSI bounce on M15
• Execution: Buy 3310.70 → TP 3340.78
• Result: +300 pips
Not just a technical win — but a mindset win. Snipers don’t chase. They wait.
🧠 NY Session Notes
• No macro drivers today, which gave full control to pure PA + structure
• Liquidity was swept below 3310 before aggressive buying stepped in
• Once price reclaimed 3330–3340, we saw a clean continuation to premium
• TP hit with no retest — textbook sniper exit
💬 Let’s Talk – No Chart Needed
📈 Did you catch the 3310 buy?
💭 How did your NY session go?
👇 Drop your thoughts or reentry ideas below — we learn every session.
📲 Like, Comment, and Follow to keep this stream of real structure-based updates alive.
We don’t predict. We react.
And today, we reacted perfectly. 💛
GOLD recovers, market sentiment correction may stopAfter US President Trump hinted that tariffs on China could be reduced and that he had no intention of removing Federal Reserve Chairman Powell, the market's risk-off sentiment cooled and international gold prices fell on Wednesday (April 23) before recovering slightly in early trading today, Thursday (April 24).
Last night, Trump made some important comments, not only clearly showing a softer stance on China but also making it clear that he had no intention of removing Federal Reserve Chairman Powell (in fact, he has no authority to do so).
The current bullish cycle in OANDA:XAUUSD is largely driven by the market pricing in the risk of “stagflation”, but as this risk is gradually eliminated, gold could see a significant correction.
Looking at the big picture, gold remains in an uptrend as real yields are likely to continue to fall amid the Fed’s easing policy. But in the short term, if positive tariff news continues to emerge, gold could fall further and the market will adjust to the new environment.
Earlier, after days of harsh criticism of the Federal Reserve for not cutting interest rates, Trump withdrew his threat to fire Chairman Powell. At the same time, he also expressed confidence in reaching a deal with China to significantly reduce import tariffs from China, but also warned that "if they don't make a deal, we'll make a deal."
Meanwhile, the International Monetary Fund (IMF) on Tuesday cut its forecast for global and US economic growth this year, citing Trump's tariff policies as the main reason for the downgrade.
As a traditional safe-haven asset, gold has set new historical highs several times since the beginning of 2025, with a cumulative increase of more than 26%.
Technical Outlook Analysis OANDA:XAUUSD
After 2 days of significant correction, gold recovered in today's Asian trading session (24/4) with the recovery level taking the 0.382% Fibonacci retracement point as the nearest support. As noted to readers throughout the publications, gold is still in an uptrend with the price channel as the main trend and the main support from the EMA21, as long as the price decline does not break below the above supports, it should only be considered a short-term correction or a buying opportunity.
As of now, gold is trading around $3,333/oz, up 1.38% on the day and around $45 and the upside momentum is expected to test the 0.236% Fibonacci retracement level followed by $3,430.
For the day, the main technical outlook for gold is bullish recovery, and the notable positions are listed as follows.
Support: $3,300 – $3,292 – $3,245
Resistance: $3,371 – $3,430
SELL XAUUSD PRICE 3383 - 3381⚡️
↠↠ Stop Loss 3387
→Take Profit 1 3375
↨
→Take Profit 2 3369
BUY XAUUSD PRICE 3206 - 3208⚡️
↠↠ Stop Loss 3202
→Take Profit 1 3214
↨
→Take Profit 2 3220
Technical Analysis – Gold (XAU/USD) – Weekly Chart 3500$📉 Technical Analysis – Gold (XAU/USD) – Weekly Chart
🔹 Price Action & Structure
Current Price: ~$3,420
Gold has been on a strong bullish rally, breaking previous highs and trending upwards in a steep channel.
The chart shows a long-term ascending parallel channel, with price currently nearing the upper half.
There's a crucial breakout zone marked around $3,500 – a psychological and technical resistance level.
🔹 Key Levels
Immediate Resistance: $3,500 – if a weekly candle closes above, it opens up bullish continuation.
Next Target (TP): $4,083 – based on the breakout projection and mid-channel resistance.
Further TP: $5,031 – top of the channel (longer-term target).
Support Zone: $2,750 – highlighted in blue, a strong demand zone with past accumulation and breakout area.
🔹 Technical Indicators to Watch (not visible but implied):
Fibonacci Levels: The $3,500 zone could align with a major fib extension (likely 1.618 from previous swing).
RSI: Likely in overbought territory on the weekly, hinting at possible short-term exhaustion or retracement.
MACD: Likely showing strong momentum, but a bearish crossover on higher timeframe would confirm a pullback.
Volume Profile: (not shown) could confirm if accumulation is happening above $3,500.
🔹 Potential Scenarios
Bullish Breakout: If price closes above $3,500 and holds, a rally toward $4,083 is likely.
Fakeout & Rejection: If price gets rejected from $3,500 zone, we may see a pullback toward $2,750 for reaccumulation.
Profit Booking: After reaching $4,000+, profit booking could cause consolidation or a deeper correction.
🌐 Fundamental Analysis – Gold Outlook
🏦 Macro Drivers
Global Inflation: Persistent inflation has historically driven gold demand as a hedge.
Interest Rates: Expectations of rate cuts by the Fed or other central banks in 2025 would favor gold prices.
Geopolitical Risk: Ongoing global tensions (Middle East, Eastern Europe, etc.) tend to increase safe haven demand.
Currency Weakness: A weakening USD supports gold, as it's priced in dollars.
💹 Investor Sentiment
Central banks are increasing gold reserves (China, Russia, etc.).
Demand for physical gold is high, especially from BRICS nations as they explore de-dollarization.
📉 Risk Factors
Sudden hawkish stance by central banks could pressure gold.
If inflation cools faster than expected, gold might see reduced interest as a hedge.
Overbought technical could trigger short-term corrections.
✅ Conclusion
Gold is currently in a strong bullish trend, testing a major resistance. A weekly close above $3,500 can push it to $4,083 and potentially $5,031 in the long term. However, retracement is likely if it fails to sustain above this level, with $2,750 acting as a key support zone.
“Watch price action at $3,500 carefully — the breakout or rejection here could define the next 6–12 months of gold's direction.”
Gold fluctuates and is under pressure, the trend is bearish!Gold market trend analysis:
Gold technical analysis: Gold fell by $240 in two trading days, but the rebound was also very strong, from yesterday's low of 3260 to 3367 in the early trading. The current volatility is still large, and the high and low points of $100 often appear. It is normal to fluctuate by dozens of dollars at random. So pay attention to the market. There is no shortage of opportunities. Just grab what you can grasp.
From a technical perspective, yesterday's closing was negative, slightly piercing the MA10 moving average, and losing the trend support line mentioned yesterday. Originally, today's technical theory should continue to be under pressure from the MA5-day, and the rebound confirmed that trend line, which can continue to be bearish, that is, 3338-40; but today's Asian session saw a strong wave of upward rush, reaching 3367 directly, which was quite unexpected. It was basically stimulated by short-term risk aversion news, and then it began to rise and fall, and then returned to below 3340; as long as the closing cannot break through and stand above the MA5-day resistance, it is still in a downward adjustment; today, it is still bearish, and the gold layout long orders were successfully harvested at 3316. Gold rebounded to 3343 and continued to be short. Gold fell again and harvested, and won two consecutive victories again. At present, the gold rebound is limited, and the US market rebound is still short.
Gold's 1-hour moving average has formed a dead cross, so the moving average has not turned upward, so there is still downward momentum, and the rebound can continue to be shorted. After the Asian session hit a high and fell, gold rebounded several times and fell back under pressure near 3345. The US session rebounded below 3345 and continued to be shorted. It can still be shorted near the rebound of 3340. At present, gold is just a rebound. If there is no special risk-averse news, it is still difficult to go up directly. At least it must fluctuate first, and it is still bearish and volatile now. On the whole, the short-term operation strategy for gold today is to short on rebounds and to go long on pullbacks. The short-term focus on the upper side is 3368-3370 resistance, and the short-term focus on the lower side is 3260-3285 support. Friends must keep up with the rhythm.
Gold short-term adjustment riskTechnical analysis of gold: The strong rise of gold in the early trading session is indeed a bit surprising. We have to think about whether gold has reversed? Or is it just a rebound? However, gold is under pressure from the moving average resistance, and the sharp rise in the early trading session is often easy to rush high and fall back. Gold 3365 continues to be short, and it falls and harvests as expected. Now it seems to be just a rebound, but the rebound is a little larger.
From the daily level, gold rose strongly during Tuesday's trading, touched the key price of 3500, then fell under pressure and finally closed with a negative line. This trend of rushing up and falling back shows that the upper selling pressure is heavy, and the bulls are strongly blocked by the bears at high levels. Immediately afterwards, gold continued to fall on Wednesday and closed with a negative line again, forming a technical pattern of two consecutive negative lines. This continuous decline further confirms that the short-term bears dominate.
From the 4-hour gold chart, the price of gold has been fluctuating and falling since it was under pressure at the 3500 level. The current price has fallen back to the 3260 level, with a short-term decline of 240 US dollars. Although there is a rebound during the day, the upward trend is currently destroyed. The MACD indicator has issued a death cross change signal, suggesting that the correction trend may have started. Pay attention to the pressure effect of the 3368 level during the day. For the current market, the rebound is just a flash in the pan, and gold has rebounded again, reaching a maximum of 3367 before retreating. It is currently maintained at around 3330. In fact, the market is currently at a loss for long and short positions, and is unable to withstand its huge fluctuations. For the morning's high and fall, we support it according to the shock retracement. If the European session rebounds again near 3358-60, continue to try to short, the target is around 3320-10, and the loss is 3370. The market amplitude is so drastic that I need to strictly implement good operating habits, try with a light position, strictly stop loss, and don't have a fluke mentality! On the whole, today's short-term operation strategy for gold is to short on rebounds and to buy on pullbacks. The short-term focus on the upper side is the 3368-3370 line of resistance, and the short-term focus on the lower side is the 3260-3285 line of support.
Short order strategy:
Strategy 1: When gold rebounds around 3358-3360, short sell (buy short) in batches, 20% of the position, stop loss 6 points, target around 3320-3300, break the position and look at 3260
Long order strategy:
Strategy 2: When gold falls back to around 3260-3265, buy long positions in batches (buy up) of 20% of the position, stop loss 6 points, target around 3300-3330, break the position and look at 3350
Gold: Building Momentum for a SurgeThere has been a remarkable negative correlation between DXY and gold prices for a long time. Although this internal logic is short-term disturbed by multiple complex factors, the core correlation has always dominated the market rhythm. Recently, the joint remarks by the U.S. Treasury Secretary and Trump on easing tariff issues may boost the U.S. dollar emotionally in the short term, thereby suppressing the bullish momentum of gold. However, this impact needs to be examined within the macro framework.
Currently, the high uncertainty of the global economy, the intermittent escalation of geopolitical risks, and the reconstruction of inflation expectations in some economies jointly form a long-term supporting logic for the safe-haven attribute of gold. From a trading perspective, the above-mentioned short-term disturbances instead provide a window for strategic allocation — long-term investors who have not yet positioned or exited midway can take the opportunity of market sentiment fluctuations to build positions in batches, with key attention paid to the test opportunities of the critical support range of $3,250-$3,280 short-term traders need to strengthen discipline and strictly follow the established stop-loss and take-profit rules. Given the amplified volatility and enhanced randomness of the current market, it is recommended to appropriately shorten the operation cycle and closely track the intraday dynamics to adjust strategies.
Overall, the marginal changes in tariff policy expectations only constitute small-level fluctuations in the trend process, and the medium-to-long-term upward logic of gold remains undamaged. Investors can grasp structural opportunities under the premise of controlling positions according to their own risk preferences.
XAUUSD
buy@3250-3280
tp:3300-3340
I hope this strategy will be helpful to you.
When you find yourself in a difficult situation and at a loss in trading, don't face it alone. Please get in touch with me. I'm always ready to fight side by side with you, avoid risks, and embark on a new journey towards stable profits.
GOLD holds above 3,400, heading towards 3,500As the US Dollar OANDA:XAUUSD weakened and Sino-US trade tensions raised market concerns about the economic outlook, investor risk aversion increased, pushing gold prices to a record high, breaking through the $3,400/ounce mark and maintaining price action above this level, continuing to target a new all-time high of $3,500.
The US Dollar fell sharply during the day as US President Donald Trump made critical remarks about Federal Reserve Chairman Jerome Powell, further undermining market confidence in the US economy. A weaker US Dollar typically makes US Dollar-denominated gold more attractive to holders of other currencies.
On trade, China accused the United States of abusing the tariff tool and warned other countries not to reach broader economic and trade agreements with the United States at the expense of their own interests. Gold, long seen as a hedge against uncertainty and a highly liquid asset, has risen more than $700 since the start of 2025. Gold broke through $3,300 for the first time last Wednesday and the surge has pushed prices above $100 again in just a few days.
Trump is considering removing Fed Chairman Powell and has repeatedly called for interest rate cuts. Chicago Fed President Goolsbee has spoken out publicly against undermining the independence of the central bank.
Trump also made some shocking statements. Trump shared his thoughts on the negotiations on his social media platform Truth Social, saying, "The golden rule of negotiation and success: he who has the gold makes the rules," meaning he who has the gold rules.
This post about gold is quite interesting, considering the market volatility caused by Trump's previous comments on stocks on social media.
Trump also said, "Businessmen who criticize Tariffs are bad at business, but they are really bad at politics. They don't understand or realize that I am the best friend American Capitalism has ever had!"
Technical Outlook Analysis OANDA:XAUUSD
On the daily chart, gold continues to hold above the $3,400 base point and the 0.786% Fibonacci extension level, which is a positive factor for the gold price's bullish outlook. On the other hand, the Relative Strength Index (RSI) is operating in the overbought zone but is not sending any signals indicating a possible downside correction, a sign indicating a possible downside correction is the RSI heading below 80.
In terms of current position, gold still has a bullish outlook in the short term with the price channel as the trend and maintaining activity above the 0.786% Fibonacci extension level provides conditions for gold to aim for a new bullish target at $3,482 in the short term, more than the raw price point of $3,500.
During the day, the short-term bullish outlook of gold will be focused again by the following positions.
Support: $3,420 – $3,400
Resistance: $3,482 – $3,500
SELL XAUUSD PRICE 3517 - 3515⚡️
↠↠ Stop Loss 3521
→Take Profit 1 3509
↨
→Take Profit 2 3503
BUY XAUUSD PRICE 3448 - 3450⚡️
↠↠ Stop Loss 3444
→Take Profit 1 3456
↨
→Take Profit 2 3462
GOLD Weekly Outlook | Bullish Bias Remains StrongGold (XAU/USD) continues its powerful rally, printing two consecutive bullish weekly candles that reflect increasing momentum and strong buying pressure. The most recent weekly candle opened at 3229.79, dipped slightly to 3193.60, then surged to a high of 3357.67, and finally closed strong at 3327.46—just a few points off the high.
The week prior also closed bullish at 3167.72, (closed well above the open of 3034.91 with significant range).
XAUUSD Weekly timeframe
✅ Weekly Bias: Strongly Bullish
We’re clearly in a higher high, higher low structure on the weekly timeframe, and there's been no sign of exhaustion yet. Last week's candle had a small bottom wick and a large body, showing that bulls dominated from open to close.
🔑 Key Zones to Watch:
Support:
🔹 3320–3211
Resistance / Targets:
🔹 3375
🔹 3400–3420 → Psychological and potential profit-taking area
📌 Trade Idea:
I’ll be watching for bullish setups on a pullback into the 3311–3320 zone. If Gold retests this area and forms bullish price action (e.g., bullish engulfing or rejection wicks on 1H or 4H), I’ll consider long entries.
🎯 TP1: 3370–3380
🎯 TP2: 3400–3420
🛑 SL: Below 3283-3298 (structure invalidation)
📣 Final Thoughts:
Gold continues to be a beast, driven by a mix of macroeconomic uncertainty, central bank accumulation, and safe haven flows. As long as the structure remains intact, dips are for buying.
Let me know in the comments—are you bullish on Gold this coming week? Or do you see a reversal coming soon?