Gold: Short-Term Downtrend Still DominatesHello everyone,
I’m currently tracking gold on the 4H chart and noticed that the price has retreated to around 3,316 USD, testing the green FVG zones and still staying below the Ichimoku cloud. This looks more like a technical pullback, but overall the bias remains tilted toward the sellers.
From the news perspective, gold is under pressure from a stronger USD as markets wait for Fed Chair Powell’s speech at the Jackson Hole symposium. The latest FOMC minutes also maintained a cautious tone, reducing expectations of an imminent rate cut – and this continues to weigh heavily on gold prices.
What do you think about gold’s direction in the coming days? Share your thoughts in the comments!
Commodities
GOLD PLAN – Captain Vincent🏴☠️ GOLD PLAN – Captain Vincent ⚓
Background
After the Nonfarm payrolls, Gold created a Captain’s Liquidity Void (large imbalance zone). Price has now almost completely filled this gap.
On higher timeframes, Gold still maintains a Lower High – Lower Low structure, confirming that sellers remain in control .
However, during the Asian & European sessions, we usually see technical pullbacks to collect liquidity – those moves will be our chance to enter in line with the main direction.
📍 Key Levels for Today
🔹 Captain’s Trap Zone (3330 – 3332)
Confluence of Fibo 0.5 – 0.618 and trendline breakout.
Main SELL setup at this zone.
SL: 3336 – 3338
TP: 3325 → 3320 → 3315 → 33xx
🔹 Captain’s Quick Shot (3313)
Nonfarm breakout zone , heavy SELL volume.
Suitable for short BUY scalp if price reacts strongly.
SL: 3308
TP: 3318 → 3322 → 3326
🔹 Captain’s Safe Harbor (3300 – 3302)
Start of previous bullish leg, strongest support of the day .
If Quick Shot breaks, this becomes the main BUY accumulation zone .
SL: 3293
TP: 3305 → 3310 → 3315 → 33xx
🔹 Captain’s Shield (3313)
If held multiple times → becomes a short-term key support .
⚡ Trading Scenarios
Sell Priority : Short at Captain’s Trap Zone.
Quick Buy : Scalp around Captain’s Quick Shot if sharp reaction.
Breakdown : If 3313 fails → Buy at Safe Harbor (3300 – 3302).
📌 Captain’s Reminder
SELL bias is still dominant → Do not FOMO buy without clear signals.
The US session may bring high volatility from geopolitical headlines. Manage your capital with discipline.
Gold Under Pressure: Can XAU/USD Hold 3,335?Hi everyone, looking at the 2H chart, gold is still stuck between 3,330 – 3,350 USD. The Ichimoku cloud remains heavy, and price keeps hovering in the FVG zone, reflecting hesitation. The key support is around 3,335 USD, but buyers are showing little strength. On the upside, the 3,360 – 3,380 USD area is a strong resistance block that gold hasn’t been able to break.
On the news side, optimism around Russia–US talks has reduced geopolitical risk, cutting safe-haven demand. This, combined with the Fed minutes this week that may strengthen the USD, puts additional pressure on gold.
Main view: Gold is likely to face more downside pressure. If 3,335 USD breaks, the next target could be 3,310 USD. For now, I don’t see gold in a position to rally strongly until new drivers emerge.
Personally, I don’t think this is the moment for gold to break out strongly. It seems more likely that we’ll see a pullback first, before a new catalyst from the Fed or geopolitical developments comes into play. What do you think—could gold slip below 3,335 USD this week?
Gold Faces Resistance, Buyers Should Stay Alert near Key SupportGold Futures (MCX) Analysis: Key Points to Watch
Current Price Range: Gold Futures are trading around ₹98,700 to ₹98,750.
Resistance Zone: Gold has been repeatedly rejected near its high around ₹101,500, showing strong selling pressure at this level.
Trendline Broken: Recently, gold broke an important upward trendline that had acted as a reliable bounce-back support.
Key Support Emerging: After this break, a key support level has appeared around ₹97,700 to ₹97,750. This zone will be important to watch for potential price stabilization.
Additional Support Levels: The chart also highlights other support zones that could provide buying interest if prices decline further.
Trader Outlook: Buyers need to remain cautious and vigilant at these levels. The market shows signs of short-term weakness, and how gold behaves around these supports will be crucial for the next move.
Gold is at a critical juncture where it faces both selling pressure and key supports. Watching the reaction around ₹97,700-₹97,750 will help gauge whether bulls regain control or further correction unfolds. Stay alert and manage risk carefully.
Gold: Consolidation Phase, Poised for BreakoutHello everyone,
On the daily chart, gold is currently holding around $3,339 after the strong rally seen earlier this year. Since May, price action has been confined within a narrow range above $3,300, forming a steady consolidation zone. This suggests that selling pressure has eased significantly, while buyers continue to retain quiet control.
From a technical standpoint, the $3,300–$3,320 range remains a crucial support, aligning with both the Ichimoku cloud and the nearest Fair Value Gap (FVG). As long as this level is defended, the probability of gold climbing back toward $3,400 stays high. A decisive break above $3,420 would likely unlock the pathway to $3,500.
On the macro front, gold continues to benefit from safe-haven demand. Markets are increasingly betting on the possibility of a Fed rate cut in September, compounded by persistent geopolitical tensions. Given this backdrop, gold maintains its place as a defensive asset, and the current consolidation may simply be the groundwork for another bullish phase.
Thank you for reading, and let’s see whether gold will deliver its next big move soon.
XAUUSD Gold Trading Strategy August 19, 2025XAUUSD Gold Trading Strategy August 19, 2025:
Gold's range remains narrow, closely monitoring the progress of ceasefire negotiations in Ukraine.
Basic news: Yesterday, August 18, according to Rueter, US President Donald Trump told Ukrainian President Zelenskiy that the United States will support Ukraine's security in any agreement to end Russia's war in Ukraine. Gold reacted quite mildly when no message of real weight was released, and market sentiment was still very hesitant, currently spot gold is trading around $3,335/oz, equivalent to an increase of about $2 on the day.
Technical analysis: Yesterday's bullish pattern of gold is still maintained when gold prices approach our Plan 1 area and increase again. However, the increase is not strong, it is very likely that today the gold price will still maintain a slight fluctuation in the area of 3325 - 3350. When the gold price breaks the pattern, it will fluctuate very strongly, we will continue to wait to buy mainly in the area around 3300.
Important price zones today: 3325 - 3330, 3300 - 3305 and 3345 - 3350.
Today's trading trend: BUY.
Recommended orders:
Plan 1: BUY XAUUSD zone 3328 - 3330
SL 3325
TP 3333 - 3340 - 3360 - 3390.
Plan 2: BUY XAUUSD zone 3300 - 3302
SL 3297
TP 3305 - 3315 - 3335 - 3370.
Plan 3: SELL STOP XAUUSD zone 3320 - 3322
SL 3325
TP 3317 - 3307 - 3300.
Wish you a safe, successful and profitable trading day.🌟🌟🌟🌟🌟
XAUUSD Gold Trading Strategy August 19, 2025XAUUSD Gold Trading Strategy August 19, 2025:
Gold's range remains narrow, closely monitoring the progress of ceasefire negotiations in Ukraine.
Basic news: Yesterday, August 18, according to Rueter, US President Donald Trump told Ukrainian President Zelenskiy that the United States will support Ukraine's security in any agreement to end Russia's war in Ukraine. Gold reacted quite mildly when no message of real weight was released, and market sentiment was still very hesitant, currently spot gold is trading around $3,335/oz, equivalent to an increase of about $2 on the day.
Technical analysis: Yesterday's bullish pattern of gold is still maintained when gold prices approach our Plan 1 area and increase again. However, the increase is not strong, it is very likely that today the gold price will still maintain a slight fluctuation in the area of 3325 - 3350. When the gold price breaks the pattern, it will fluctuate very strongly, we will continue to wait to buy mainly in the area around 3300.
Important price zones today: 3325 - 3330, 3300 - 3305 and 3345 - 3350.
Today's trading trend: BUY.
Recommended orders:
Plan 1: BUY XAUUSD zone 3328 - 3330
SL 3325
TP 3333 - 3340 - 3360 - 3390.
Plan 2: BUY XAUUSD zone 3300 - 3302
SL 3297
TP 3305 - 3315 - 3335 - 3370.
Plan 3: SELL STOP XAUUSD zone 3320 - 3322
SL 3325
TP 3317 - 3307 - 3300.
Wish you a safe, successful and profitable trading day.🌟🌟🌟🌟🌟
Gold Outlook – Buying as the Main ThemeGold Outlook – Buying as the Main Theme
Gold continues to move in line with previous analyses. Earlier today in the Asian session, the market saw a quick dip due to liquidity being cleared during the daily one-hour break. However, price quickly recovered, broke through the 3339 resistance, and confirmed that buying momentum has returned, strengthening the short-term bullish trend.
Expectations for a new Elliott wave cycle are gradually taking shape. At this point, wave 3 is considered to have begun — typically the strongest phase with greater momentum and wider price swings. This supports the scenario of a medium-term bullish outlook.
Price remains above the key EMA levels, confirming that the long-term trend is intact. The breakout above 3339 reinforces buyer strength and opens the way towards Fibonacci extension targets at 2.618 and 3.618. MACD also maintains positive momentum, while Elliott structure suggests that wave 3 still has room to extend further.
As long as gold holds above the 3336–3338 zone, this remains a reasonable area to consider buying. A minor pullback around this level would offer an even better opportunity to join the trend, with a stop-loss of about 6 dollars to manage risk effectively.
When price approaches Fibonacci extension targets, traders may consider partial profit-taking or look for short-term selling opportunities. This approach will be suitable given how far wave 3 has already extended.
It is important to monitor price reactions around the extension zones. Higher timeframes such as H1–H4 should be prioritised to capture the broader structure and avoid market noise.
A strong trend never moves in a straight line; it always comes with pauses and retracements. Staying patient and riding with the main trend is often the best way to maximise profits in the medium term.
#XAUUSD #Gold #TechnicalAnalysis #PriceAction #Fibonacci #ElliottWave #MACD #Forex #IndiaTrading
Gold Update: Range Trading with Bearish UndertoneAfter last week decline,gold has entered a consolidation phase within a well-defined range. The current support is at around 3330, which coincides with last week's low and also serves as the monthly pivot point, providing a strong foundation for short term. On the upside, resistance is at 3350-3355, which aligns with the current week's pivot level, creating a ceiling that sellers are defending.
The price action within this tight range suggests that market participants are taking a breather after the recent selling pressure, with both bulls and bears showing restraint as they assess the next move. The way gold is trading within these boundaries gives the impression that energy is building up, much like a coiled spring ready to release. This type of consolidation pattern often precedes a significant directional move, as market forces accumulate before choosing their next path.
The technical setup indicates that we're likely approaching a critical range where gold will need to make a decisive break either above or below this range. A breakout above the 3350-3355 resistance zone could signal renewed bullish momentum and attract fresh buying interest, while a breakdown below the 3330 support level might open the door for further downside pressure.Looking at the weekly and daily price action, the bears seem to have the upper hand in the current scenario. The recent decline from higher levels has created a bearish tone, and importantly, we haven't seen any major reversal signals that would suggest a strong buying opportunity at these current range levels
Red CHoCH Confirms the Bears – Sell at Premium Zone📌 Gold Plan – M30 Timeframe | Captain Vincent ⚓
Background
On the D1 chart, the candle closed lower, showing bearish pressure still dominates.
On H4, the bearish structure continues.
However, Gold is currently stuck around 3345/oz, unable to make a clear breakout.
The 3323 – 3335 zone remains strong support – a level where Vincent has bought multiple times before with solid profits. But with the current structure, today’s priority will be Sell in line with the main trend.
Sell Zone – Premium 🎯
Entry: 3345 – 3347
SL: 3352
TP: 3340 → 3335 → 3330 → 33xx
SMC Note (CHoCH 🔴)
On the M30 timeframe, a recent red CHoCH has appeared – a signal confirming that sellers have regained control.
This strengthens the case for selling at upper resistance zones.
Today’s Scenarios
If price holds below 3345 – 3347 → Prioritise short setups, selling in line with the downtrend.
If price breaks below current support → High chance the market will move to fill the previous FVG. In that case, wait for a Breakout Down retest to enter safer.
Consider entering one small probe trade first, then go in stronger once a reversal candle confirmation appears.
Resistance to watch: 3337 – 3345
Support to watch: 3323 – 3335
⚠️ Captain’s Note:
"SMC structure with a red CHoCH has confirmed that the bears are steering the market. We will flow with the main current – Sell at the Premium Zone – but always with discipline, waiting for clear confirmation before taking action."
Gold - Bearish ? Double Top with RSI DivergenceGold was bullish only due to empty words from Trump saying no gold in US, its missing, no one audited for 40 years, no doors and no windows in the store house etc etc. He never took efforts to go and check it or ask for audit report. so in my view its empty words from Trump. It must have helped Russia to offload its tons and tons of Gold accumulated long before the war, Thats the biggest gift Trump given to Putin to book profits in Gold. It has formed double top with clear Bearish Divergence in RSI. In my view its a Sell now and many be buy at lower levels later. No war, no covid and why any one hold Gold at these very high price ?
Resistance Breakout expected in SILVERilver Futures (MCX) are approaching a key resistance zone at ₹114,258. Price action shows multiple tests of this level, suggesting strong buying interest and a potential breakout. If this resistance is cleared, bullish momentum may accelerate, offering an attractive long opportunity for traders. Risk management is crucial; consider placing stops below recent support to protect capital. Monitor for confirmation through sustained price action above the resistance and increased volume. This set-up highlights evolving strength in silver and could pave the way for a further move higher. This analysis is for educational purposes and not investment advice.
XAUUSD Gold Trading Strategy August 18, 2025XAUUSD Gold Trading Strategy August 18, 2025:
Gold prices fell 1.79% last week, although Trump and Putin failed to reach an agreement on the key issue, with the focus this week on the Jackson Hole conference.
Basic news: Gold traders are closely watching the developments of the meeting between US President Donald Trump and his Ukrainian counterpart Zelensky today to set the terms of a potential peace deal that Trump agreed with Putin in Alaska on Friday. CME's "Fed Watch" report released today, the probability of the Fed keeping interest rates unchanged in September is 15.4%, and the probability of a 25 basis point rate cut is 84.6%.
Technical analysis: Gold prices have rebounded after approaching the support zone of 3325 - 3330. Currently, the bullish pattern of gold prices has not been broken, the possibility of gold prices having a strong increase in the near future. RSI on H1 and H4 frames is showing signs of entering the buying zone, combined with MA tending to expand after the previous sideways movement. Liquidity zones such as 3375 - 3380 and 3395 - 3400 could be profit-taking zones for this growth.
Important price zones today: 3325 - 3330 and 3300 - 3305.
Today's trading trend: BUY.
Recommended orders:
Plan 1: BUY XAUUSD zone 3326 - 3328
SL 3323
TP 3331 - 3340 - 3360 - 3390.
Plan 2: BUY XAUUSD zone 3300 - 3302
SL 3297
TP 3305 - 3315 - 3335 - 3365 - Open.
Plan 3: SELL STOP XAUUSD zone 3320 - 3322
SL 3325
TP 3317 - 3310 - 3305 - 3300.
Wish you a new week of safe, successful and profitable trading.🥰🥰🥰🥰🥰
Resistance Breakout Excepted in NATURAL GASNatural Gas has been consolidating just below a key resistance level around ₹247–₹248, with multiple rejection points in recent sessions (marked by red arrows). The current price action shows renewed buying pressure, with candles testing the resistance zone once again.
Technical View:
The horizontal resistance has acted as a strong supply zone multiple times.
A decisive breakout and close above ₹248 could open the path for further upside momentum.
Immediate support is placed near ₹244.20, which serves as a stop-loss reference for breakout traders.
Trading Perspective:
If price sustains above the resistance level with volume confirmation, the breakout could trigger a short-term bullish move toward higher targets. However, failure to hold above this zone may lead to another pullback within the range.
Gold Plan 18/08 – Captain VincentBackground
For the past two days, Gold has repeatedly tested the 3332 – 3334 zone and slipped down to 3323, showing that buyers at this level are losing strength.
The broader trend still leans bullish, but the market is heavily influenced by geopolitics and news events:
📰 US–Russia preparing for a new round of Ukraine talks (15 Aug, Alaska).
🌐 Trump’s tariff stance remains unclear, adding volatility to Gold.
💵 Fed is likely to cut 25bps in September, keeping Gold in “defensive but ready to break out” mode.
➡ With this backdrop, today’s plan requires flexibility: Buy with trend, Sell scalp at key resistances.
1. Buy Scalp – Quick Boarding 🚤
Entry: 3324 – 3326
SL: 3320
TP: 3328 → 3332 → 3336 → 33xx
Note: Only suitable for quick scalps, avoid holding longer.
2. Main Buy Zone – Safe Harbor ⚓
Entry: 3313 – 3311
SL: 3304
TP: 3314 → 3319 → 3325 → 3330
Meaning: This is the main launchpad for buyers if price corrects deeper.
3. Sell Scalp Zone – Storm Breaker 🌊
Entry: 3366 – 3377
SL: 3383
TP: 3362 → 3355 → 33xx
Meaning: Short-term resistance, ideal for quick reaction sells.
4. Main Sell Zone – Watchtower ⛩
Entry: 3396 – 3394
SL: 3402
TP: 3390 → 3385 → 3380 → 33xx
Meaning: Strong resistance zone, highly likely to trigger a bearish reaction.
If broken, Gold may extend further into 34xx.
Today’s Scenarios
If price dips to 3324 – 3326 → Quick Buy Scalp.
If price drops deeper → Prefer to Buy at Safe Harbor (3313 – 3311).
If price rises to 3366 – 3377 → Short-term Sell Scalp.
If price tests 3396 – 3394 → Stronger Sell, this is the main resistance.
Captain’s Note:
"The Gold ship still sails North ⚓ today, but each time it hits Storm Breaker 🌊 or Watchtower ⛩, the sails will drop for a quick strike before retreating. Waves from Trump–Putin headlines and the Fed’s next move may stir up rough seas. Remember, mates: better to miss one trade than let the waves sink the ship." 🏴☠️
Gold on the Verge of a Breakout – Is $3,425 the Next Target?Hi everyone, looking at the XAU/USD 4H chart, gold is showing a tight consolidation after several sessions moving sideways between $3,330 – $3,350. This kind of price action often signals that a big move is coming. The Ichimoku cloud is narrowing, reinforcing the idea that the market is preparing to choose a clear direction.
One key factor is the green FVG zone around $3,310 – $3,320, which is acting as a strong support base. If prices dip, this zone is likely to hold and keep the bullish trend intact. At the same time, trading volume has been ticking higher, hinting that buying pressure is quietly building up.
On the news side, safe-haven demand remains solid after the Trump–Putin meeting ended without concrete results. Adding to that, Citi has forecasted gold could head toward the $3,500 – $3,600 range in the medium term, which strengthens the bullish outlook.
Main Scenario: As long as gold stays above $3,335, a breakout above $3,365 – $3,385 looks likely, which could pave the way toward the $3,425 – $3,450 zone.
In my view, this might be the real breakout instead of just another false move. What do you think – will gold finally reach new highs next week?
Gold form double top bearish pattern,Bearish Patterns Annotated:
Double Top: A classic bearish reversal pattern resembling an "M" shape. It occurs when price hits resistance twice at similar levels (here, approximately $3,437 and $3,448 in July and August) and fails to break higher. This signals potential exhaustion of buyers and a shift to sellers.
Evening Star: A three-candle bearish reversal pattern marked near the recent high. It typically consists of a large green candle (up day), followed by a small-bodied candle (indecision), and then a large red candle closing below the midpoint of the first candle. This suggests bulls are losing control.
Engulf Candle (Bearish Engulfing): A red candle that completely "engulfs" the body of the prior green candle, indicating strong selling pressure overriding previous buying. It's marked near the top, reinforcing the reversal theme.
Opportunity: - As per chart it can short 3380-3350 with stop loss 3400 above for the targets of double bottom pattern 3260 and 3160.
Gold Plan 15/08 – Captain VincentBackground
Yesterday, Gold revisited the BUY Scalp – Quick Boarding 🚤 (3332 – 3334) zone and bounced 140 pips.
This is the second consecutive day the zone has shown strong reaction, but today its support strength may weaken.
The main H1 trend is leaning bearish , so the priority is to look for sell setups at major resistance zones.
Zone 1 – Storm Gate 🚪 (Main Sell Zone – SMC Supply)
Entry: 3,355 – 3,357
SL: 3,361
TP: 3,351 → 3,347 → 3,342 → 33xx
Note: SMC Supply zone confluenced with Fibo 0.5 – 0.618. Wait for strong price reaction before entry.
Zone 2 – BUY Scalp – Quick Boarding 🚤
Entry : 3,332 – 3,334
SL: 3,327
TP: 3,336 → 3,339 → 3,342 → 33xx
Note: This zone has reacted twice in a row. Today, only use for quick scalps, avoid holding for long.
Zone 3 – Deep Harbor 🏝️ (Main Buy Zone – SMC Demand)
Entry: 3,290 – 3,292
SL : 3,284
TP: 3,296 → 3,300 → 3,304 → 33xx
Note: Deepest support of the day. Buy only if price drops sharply and clear reversal signals appear.
Today’s Scenarios
If price tests Storm Gate → Look for short-term sells in line with the downtrend.
If price breaks below BUY Scalp → Wait for a retest to sell further, as there’s a high chance of filling the previous Fair Value Gap.
If price reaches Deep Harbor → Attempt a bottom buy, but keep profit expectations short since the overall trend is bearish.
Captain’s Note:
"Today, the golden sea has strong waves and heavy winds. The captain will set sails at Storm Gate to catch the downwind move. Deep Harbor stays open, but will only anchor if the skies are clear. BUY Scalp is like a speedboat – fast, sharp, decisive." 🏴☠️📉
Captain’s Friday Warning ⚠️
"It’s Friday – the wildest day of the week. Trade carefully, manage capital tightly, and protect your treasure chest. The weekend is long; don’t let one impulsive move sink the ship." ⛵💰
Gold Trading Strategy XAUUSD August 14, 2025Gold Trading Strategy XAUUSD August 14, 2025:
Gold prices continued to rise in the European session on August 13, 2025 as mild US inflation data raised expectations of a Federal Reserve rate cut in September, while a weaker US dollar also boosted demand for gold.
Fundamental news: The US labor market report earlier this month initially weighed on the greenback, but the latest US CPI data added pressure as it did not show a clear acceleration in inflation due to tariffs in July. The inflation data reinforced the possibility that the Fed will take a more dovish stance in September, which is what the market is expecting.
Technical analysis: After a deep correction to the 3330 area, gold prices showed signs of increasing again. On the H1 frame, an upward price channel has been formed, but the current MA lines are still moving sideways, not showing a clear trend. The 3350 - 3355 area will be the important area to decide whether this uptrend channel can hold or not. RSI on H1 and H4 timeframes has entered the buy zone, this is a very good condition for us to trade. We will trade at the support zones and large liquidity zones of gold prices.
Important price zones today: 3350 - 3355, 3335 - 3340.
Today's trading trend: BUY.
Recommended orders:
Plan 1: BUY XAUUSD zone 3350 - 3352
SL 3347
TP 3355 - 3365 - 3375 - 3390.
Plan 2: BUY XAUUSD zone 3335 - 3337
SL 3332
TP 3340 - 3350 - 3370 - 3390.
Plan 3: SELL XAUUSD zone 3388 - 3390
SL 3393
TP 3385 - 3375 - 3365 - 3355 (small volume).
Wish you a safe, successful and profitable trading day.🥰🥰🥰🥰🥰
Gold Plan 14/08 – Captain VincentGold Plan 14/08 – Captain Vincent ⚓
Background
Yesterday, Gold touched the Sell Scalp zone and cruised smoothly for 220 pips 🎯.
However, it failed to break the previous Buy Zone and is now maintaining a bullish structure on the H1 chart, with higher lows forming.
Today, the market may move slower as traders await the US PPI data , so each entry point must be taken with caution.
Zone 1 – Golden Harbor 🏝️ (Main Buy Zone – SMC Demand)
Entry: 3,334 – 3,332
SL: 3,327
TP: 3,338 → 3,342 → 3,346 → 33xx
Note: This is the main buy zone, aligned with the SMC Demand Zone. Enter only if there’s a clear reversal signal (Pin Bar / Engulfing) on M15/H1.
Zone 2 – Storm Breaker 🌊 (Sell Zone – SMC Supply)
Entry: 3,398 – 3,400
SL: 3,407
TP: 3,394 → 3,390 → 3,386 → 33xx
Note: Strong sell zone. Watch price reaction before entry. Prefer partial profit-taking along the way.
Today’s Scenarios
If price tests Golden Harbor → Wait for pin bar or engulfing, then Buy in line with the uptrend.
If price approaches Storm Breaker → Look for short-term sell setups on reversal signals.
If price stays in the mid-range → Stay on the shore, save energy for the golden moment.
Captain’s Note:
"Today, the golden sea still rides the bullish tide, but the PPI winds may shift without warning. Keep the helm steady, and anchor only at safe harbors." 🏴☠️📈
Gold Recovery Stalls at Fibonacci Resistance - Key Levels to WatWe have seen a strong recovery from the monthly pivot point, which acted as solid support. However, the price is now facing significant resistance in the Fibonacci golden zone between 3,370-3,379, based on the recent decline from 3,409 to 3,331. This resistance level presents the main challenge for bulls at this point.
For the bullish momentum to continue, buyers need to push the price above 3,379, which would confirm the upward trend and signal further strength. The positive sign is that gold has been holding steady above the 3,350 level, showing some underlying support at this price point.
Looking at key levels to watch, 3,350 serves as the immediate support level . If this level fails to hold, the next major support comes in at 3,331. A breakdown below these support levels could trigger further selling pressure and lead to additional declines in gold price.
Gold Trading Strategy XAUUSD August 13, 2025Gold Trading Strategy XAUUSD August 13, 2025:
Gold prices recovered slightly, currently trading around $3,351/oz, positive US inflation data for July has reinforced market expectations that the US Federal Reserve (FED) will cut interest rates in September, while a weaker US dollar has boosted gold's appeal.
Fundamental news: Data from the US Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 2.7% year-on-year in July, lower than the expected 2.8% and unchanged from June. Core CPI increased 3.1% year-on-year and 0.3% month-on-month, the largest increase in six months.
Technical analysis: The sideways range of 3,340 - 3,360 has not been broken yet. The MAs are showing signs of moving sideways, showing the tug-of-war between buyers and sellers. RSI H1 has started to move towards the buy zone, RSI H4 is heading towards the average line. There is a high possibility that gold price will have a correction according to RSI of H4 and increase strongly again.
Important price zones today: 3340 - 3345, 3365 - 3370 and 3385 - 3390.
Today's trading trend: SELL.
Recommended orders:
Plan 1: SELL XAUUSD zone 3367 - 3369
SL 3372
TP 3364 - 3355 - 3345.
Plan 2: SELL XAUUSD zone 3387 - 3389
SL 3392
TP 3384 - 3374 - 3364 - 3345.
Plan 3: BUY XAUUSD zone 3340 - 3342
SL 3337
TP 3345 - 3355 - 3365 - 3385 - OPEN.
Wish you a safe, successful and profitable trading day.💗💗💗💗💗
Gold Plan 13/08 – Captain VincentGold Plan 13/08 – Captain Vincent ⚓
News Background
📊 Gold is holding steady near $3,350/oz after the US July CPI release.
Headline CPI : 2.7% (below forecast of 2.8%) 📉
Core CPI: 3.1% (up from 2.9%) 📈
➡ This cools down inflation fears from tariffs and increases the probability of a 25 bps Fed rate cut in September , which is bullish for Gold.
Key factors to watch:
💼 Market awaiting more data: PPI, jobless claims, retail sales.
🔍 Tariff drama: Trump says no tariffs, but US Customs just listed 1kg & 100oz gold bars under taxable imports.
🌐 US extends the trade truce with China for another 90 days.
🕊 US–Russia talks on Ukraine scheduled for 15 Aug in Alaska.
News conclusion:
Lower-than-expected CPI + higher Fed cut chances = Gold remains positive.
But tariff and geopolitical risks must be tracked closely.
Yesterday’s Action (12/08)
Gold tapped the Buy Scalp – Quick Boarding 🚤 zone and bounced ~290 pips .
However, it failed to break decisively above the zone and moved sideways around support.
Technical Plan – 13/08
1. Sell Scalp – Quick Boarding Reverse ⚓
Entry: 3,374 – 3,376
SL: 3,382
TP: 3,368 → 3,362 → 3,355 → 3,3xx
Reason: Short-term resistance, suitable for quick sell scalps when price retests higher.
2. Sell Zone – Storm Breaker 🌊
Entry: 3,405 – 3,406
SL: 3,411
TP: 3,395 → 3,385 → 3,375 → 3,365
Reason: Major resistance zone aligned with previous highs and trend channel.
Scenarios:
Price likely to rise from current sideways range to test either Sell Scalp or Storm Breaker.
Priority: Sell if reversal signals (pin bar, engulfing) appear on M15/H1 at these zones.
If price breaks above Storm Breaker and holds above 3,411 → cancel sell plan, wait for new structure.
Captain’s Note:
"The CPI wave has anchored the Gold ship near 3,350. Today, the crew is ready to set sail towards Sell Scalp and Storm Breaker, waiting for the winds to shift for a profitable turn." ⚓🌊