📊 Market Overview
Gold has surged into uncharted territory, breaking through to a fresh All-Time High (ATH). The earlier dip toward 3,800 USD acted as nothing more than a springboard, allowing buyers to reload before launching this powerful breakout.
Safe-haven demand continues to fuel the rally, as concerns over a potential US government shutdown and expectations of more Fed rate cuts strengthen bullish momentum.
📍 Crucial Levels to Watch
🔴 SELL Reaction Zone
3,911 – 3,915 (Liquidity Resistance) → Potential short-term ceiling, profit-taking may appear here.
🟢 BUY Reaction Zones
3,830 – 3,820 (Fibo Support) → First pullback level for intraday buyers.
3,808 – 3,810 → Secondary support zone for a deeper correction.
3,747 – 3,752 (Liquidity BUY Zone) → Stronger base for swing buyers.
🎯 Trading Setups
1️⃣ Buy the Dip (Primary Play)
Entry: 3,830 – 3,820, confirmation needed.
Targets: 3,900 → 3,915, extend toward 3,950+ if momentum remains strong.
Stop: Below 3,808.
2️⃣ Sell the Spike (Countertrend)
Entry: 3,911 – 3,915, only on visible rejection.
Targets: 3,871 → 3,830.
Stop: Above 3,922.
3️⃣ Swing Buy Opportunity
Entry: 3,752 – 3,747 (Fibo confluence).
Targets: 3,830 → 3,900.
Stop: Below 3,735.
⚡ Pro Tips
Trend bias = Strongly Bullish, prioritize long setups.
Countertrend shorts are tactical; keep stops tight.
Headlines from the US political scene and Fed could trigger extra volatility at highs.
💬 Discussion
Will gold extend to 3,950 – 4,000 USD, or is a sharp pullback around the corner? Drop your views and charts below 👇
Gold has surged into uncharted territory, breaking through to a fresh All-Time High (ATH). The earlier dip toward 3,800 USD acted as nothing more than a springboard, allowing buyers to reload before launching this powerful breakout.
Safe-haven demand continues to fuel the rally, as concerns over a potential US government shutdown and expectations of more Fed rate cuts strengthen bullish momentum.
📍 Crucial Levels to Watch
🔴 SELL Reaction Zone
3,911 – 3,915 (Liquidity Resistance) → Potential short-term ceiling, profit-taking may appear here.
🟢 BUY Reaction Zones
3,830 – 3,820 (Fibo Support) → First pullback level for intraday buyers.
3,808 – 3,810 → Secondary support zone for a deeper correction.
3,747 – 3,752 (Liquidity BUY Zone) → Stronger base for swing buyers.
🎯 Trading Setups
1️⃣ Buy the Dip (Primary Play)
Entry: 3,830 – 3,820, confirmation needed.
Targets: 3,900 → 3,915, extend toward 3,950+ if momentum remains strong.
Stop: Below 3,808.
2️⃣ Sell the Spike (Countertrend)
Entry: 3,911 – 3,915, only on visible rejection.
Targets: 3,871 → 3,830.
Stop: Above 3,922.
3️⃣ Swing Buy Opportunity
Entry: 3,752 – 3,747 (Fibo confluence).
Targets: 3,830 → 3,900.
Stop: Below 3,735.
⚡ Pro Tips
Trend bias = Strongly Bullish, prioritize long setups.
Countertrend shorts are tactical; keep stops tight.
Headlines from the US political scene and Fed could trigger extra volatility at highs.
💬 Discussion
Will gold extend to 3,950 – 4,000 USD, or is a sharp pullback around the corner? Drop your views and charts below 👇
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.
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.