Gold Outlook: Bears Stay in ControlGold continues to operate within a bearish market environment characterized by persistent liquidation and declining momentum. The recent structural shift reflects an ongoing reallocation of capital away from defensive metals toward higher-yield instruments, signaling a broader change in market positioning.
Trading activity indicates that each upward movement is being met with renewed selling interest, suggesting limited participation from institutional buyers. This behavior aligns with the prevailing sentiment of caution, as investors prioritize stability over speculative exposure.
The broader outlook remains subdued, with market conditions favoring continued downside until clearer evidence of renewed demand emerges. Gold’s performance reflects a phase of market adjustment, where declining liquidity and moderate volatility reinforce the persistence of bearish sentiment across the short-term horizon.
Commodities
XAG/USD (Silver vs USD) chart on the 2-hour timeframe...XAG/USD (Silver vs USD) chart on the 2-hour timeframe:
Price is moving within a descending channel, still below the Ichimoku cloud, indicating continued bearish pressure.
The recent candle is showing a rejection from the upper band of the channel / cloud resistance area (around 47.9–48.1).
My marked two target points on the chart — both aligning with the lower parts of the descending channel.
🎯 Target Zones (Bearish Outlook)
1. First target: around 46.00 – 46.20
→ This aligns with the mid-channel support and my first “target point” marking.
2. Final target: around 42.00 – 42.30
→ This corresponds to the lower channel boundary and my second, deeper target point on the chart.
🔹 Summary
Bias: Bearish below 48.10
Entry area: 47.8 – 48.0 rejection zone
Targets:
🎯 TP1 = 46.10
🎯 TP2 = 42.20
Invalidation: A sustained close above 48.20 would weaken this bearish structure and could trigger a cloud breakout.
GBP/USD (1-hour) chart...GBP/USD (1-hour) chart:
Price is moving within a descending channel, and currently testing the upper boundary of that channel.
The Ichimoku cloud above the price suggests a bearish bias, as price remains below the cloud.
There’s a projected leg down (green arrow) marked on my chart — pointing toward the lower channel line.
🎯 Likely Target Zone
If the move respects the current channel and the upper rejection holds:
Short-term downside target: around 1.2910–1.2920, aligning with the lower channel trendline and my marked “target point.”
Intermediate resistance: near 1.3040–1.3060 (top of the cloud / channel upper edge).
Summary:
📉 Sell bias below 1.3040
🎯 Target: 1.2910–1.2920
❌ Invalidation: If price breaks above 1.3070 with strong candles (then potential reversal).
XAU/USD – SELL SETUP AT 3999–4001 | REJECTION FROM DOWNTREND ZON🪙 XAU/USD — SELL SETUP AT 3999–4001 | REJECTION FROM DOWNTREND ZONE
📊 Market Context:
Gold is still respecting the descending trendline structure, showing multiple rejections at the resistance zone near 4000–4005. The recent rally seems corrective within a broader bearish framework. Liquidity has been swept above previous highs, followed by a clear CHoCH back to bearish order flow.
📉 Technical Breakdown:
Structure: BOS confirmed on H1, CHoCH on M30 aligns with bearish continuation.
Key Levels:
Sell Zone: 3999–4001 (previous supply + trendline retest)
Buy Zone: 3939–3937 (retest of demand + equal lows area)
Momentum: RSI is failing to sustain above 50 and showing lower highs — confirming potential weakness.
Bias: Bearish until price closes decisively above 4005.
🎯 Trade Idea:
Entry: SELL 3999–4001
Stop Loss: 4007 (≈6 pts above entry)
Take Profit:
TP1: 3950
TP2: 3939
TP3: 3910 (extended target if momentum continues)
📈 Alternative Plan (if pullback deepens):
If price reclaims 4005, wait for liquidity sweep above 4010 and look for bearish confirmation again — otherwise, invalidation of the short bias.
🧠 Summary:
Gold remains capped under major resistance. Short positions around 4000 align with both multi-timeframe structure and momentum divergence. Bulls need a strong breakout above 4005 to shift bias back to bullish.
XAUUSD – Intraday H1 Plan: Liquidity Sweep or Reversal Base?Date: November 4, 2025
Timeframe: H1
🌐 MARKET CONTEXT
Gold is consolidating between $3,976 and $4,006 after a volatile session yesterday.
Market sentiment remains mixed, as traders weigh the rebound in U.S. Treasury yields against ongoing geopolitical and inflation concerns.
Recent move: Gold rebounded from the $3,975 low after a minor liquidity sweep below last week’s range.
Sentiment: Neutral-to-bullish in the short term — safe-haven demand still provides a soft floor.
Sessions to watch:
London session: Expect retracement and liquidity grab below intraday lows.
New York session: Possible expansion to the upside if $4,000 zone holds as support.
Macro Bias: Mildly bullish if price maintains structure above $3,980–$3,985; potential liquidity sweep downside before reversal.
📉 TECHNICAL ANALYSIS (SMC + LIQUIDITY STRUCTURE)
Market Structure:
H1 is forming a short-term accumulation range with liquidity resting below $3,976 (SSL) and above $4,006 (BSL).
A break and close above $4,005.5 may trigger a short-term BOS → potential push toward $4,015–$4,020.
Key SMC Confluences:
$4,200–4,230 Extended Resistance – higher untested supply if momentum returns.
Demand Zone: $3,978–$3,980 → aligned with FVG + previous sweep low.
Supply Zone: $4,004–$4,006 → previous OB + high liquidity.
🔑 KEY PRICE ZONES
Price Zone Type Explanation
4,006–4,004 🔴 Supply Previous high + BSL liquidity
3,996–3,994 🟡 Resistance Equilibrium rejection zone
3,986–3,984 🟢 Demand OB + CHoCH base support
3,980–3,978 🟢 Strong Demand SSL sweep + FVG confluence
3,976–3,974 ⚠️ Liquidity Sweep Deep liquidity / stop-hunt zone
⚙️ TRADE SETUPS
✅ BUY SCENARIO 1– Deep Sweep Recovery
Entry: 3,968–3,966
Stoploss: 3,960
TP1: 3,988
TP2: 3,996
TP3: 4,004
Logic: SSL sweep below the range + FVG mitigation → bullish reaction expected during London open.
🚫 SELL SCENARIO – Supply Rejection
Entry: 4,010–4,008
Stoploss: 4,016
TP1: 3,994
TP2: 3,986
TP3: 3,980
Logic: Price sweeps the previous BSL liquidity above $4,006 → look for bearish CHoCH + confirmation candle M5 before entry.
⚠️ SCALPING SELL – Aggressive Short
Entry: 4,008–4,009
Stoploss: 4,012
TP: 3,998 – 3,990 – Open
Logic: High-risk scalp at liquidity spike above day’s high; confirm rejection with volume drop.
🧠 NOTES / SESSION PLAN
Prioritize long setups near $3,980–3,984 zone during London open.
Look for liquidity sweep before entering — avoid premature entries.
During NY session, re-evaluate if gold re-tests the $4,004–$4,006 supply zone.
Avoid overtrading; use smaller position sizing due to narrow range ($30).
Always wait for H1 close confirmation before committing.
🏁 CONCLUSION
Gold remains range-bound within $3,976–$4,006, but the structure hints at a potential bullish bias if liquidity below $3,978 is swept first.
The preferred buy zones are $3,984–$3,986 and $3,978–$3,980, while sell reactions may occur near $4,004–$4,006.
Expect whipsaw volatility between London and NY overlap; trade only with clear SMC confirmations and proper risk control.
Gold Price Action: Healthy Pullback Within Broader UptrendGold is currently trading within a well-defined range on the daily timeframe, consolidating between 3,910 and 4,025 on a closing basis. Over the past several sessions, we've witnessed multiple attempts by buyers to reclaim the psychological 4,000 level, but sellers have consistently stepped in during intraday rallies, keeping the price action contained within this range.
From my perspective, this consolidation is likely to persist for a while longer. Looking ahead, I anticipate the range could potentially extend between 3,850 and 4,200 over the coming weeks as market participants digest recent moves. It's worth noting that we should prepare for a worst-case scenario where price breaks below 3,850 on a closing basis, especially given that volatility tends to pick up during year end trading.
That said, My view in this current phase as a healthy correction within the broader bull market. My bias remains tilted toward the buy side, and I'm expecting a potential resumption of the uptrend somewhere in the next 1-2 months, possibly around mid-January. The key here is patience with money management allowing this consolidation to play out while staying ready to capitalize on the next directional move. As always, proper risk management is crucial, particularly with year-end volatility on the horizon.
(Silver / USD, 4H timeframe)...(Silver / USD, 4H timeframe):
✅ Analysis Summary:
The price has broken out of a falling channel and is now moving inside a range, just below the Ichimoku cloud.
The projected move (marked on my chart) shows a bullish breakout from the range.
The measured move target from the breakout zone points upward to the $52.15–$52.50 area.
📈 Target Levels:
Immediate resistance: $48.30 – $48.70
Breakout confirmation: Above $49.00
Main bullish target: $52.10 – $52.50
Extended target (if strong momentum): $53.80 – $54.00
📉 Support levels:
$47.50 (near cloud base)
$47.00 (range bottom)
➡ Conclusion:
If Silver sustains above $49.00, the next target is $52.15 – $52.50 as shown in my chart.
If it fails to hold above $47.50, the bullish setup becomes invalid.
L
(EUR/USD, 2-hour timeframe...(EUR/USD, 2-hour timeframe, with Ichimoku Cloud and descending channel):
The price is currently breaking below the lower channel boundary and the Ichimoku Cloud is fully bearish — both strong continuation signals.
The chart shows a projected “Target Point” zone around 1.1415, which seems to be the first target area marked.
If bearish momentum continues below 1.1415, the next extended downside targets can be:
TP1: 1.1415 (already shown on my chart)
TP2: 1.1380 (next support zone from previous swing)
TP3: 1.1350 (major channel base & psychological support)
📉 Summary:
Trend: Bearish
Immediate Target: 1.1415
Next Targets (if breakdown continues): 1.1380 → 1.1350
Stop-loss (for shorts): Above 1.1485–1.1500 (upper channel resistance)
BTC/USDT (4h timeframe)...BTC/USDT (4h timeframe), I can summarize what’s visible and help interpret my targets:
Current price: Around $107,469
Chart setup: my using Ichimoku Cloud (Kumo) with marked zones:
Resistance level (green zone) around $107,000 – $108,000
Two target points drawn on the chart:
First target point: around $111,350 – $111,500
Second (higher) target point: around $116,500 – $117,000
✅ Summary of target levels visible on my chart:
1. Target 1: ~$111,350
2. Target 2: ~$116,700
These targets are likely based on a breakout above the Ichimoku Cloud and prior resistance zones.
Gold Squeeze: Range Breakout Can Trigger $4,100+ MoveLooking at the current gold price action on the H1 chart, we're seeing a technical setup that's been developing over the past several sessions. The market has clearly established a well-defined range between approximately $3,900 and $4,040, with price respecting both the upper and lower boundaries quite consistently.
price is holding above this ascending support while simultaneously testing the middle-to-upper zone of the range suggests building bullish momentum.
We've seen multiple attempts to push lower get absorbed by buyers, creating a series of higher lows that demonstrate underlying strength. The grey horizontal zone around $4,020-$4,040 represents the key resistance level where sellers have previously shown up, but notice how price action is becoming increasingly compressed near this level a classic sign that a breakout may be imminent.
From a probability standpoint, the combination of higher lows, sustained buying interest, and the current positioning near range highs favors an upside breakout. If gold manages to close convincingly above $4,040, we could see an accelerated move toward the $4,100+ zone fairly quickly, as there's limited technical resistance overhead once this range ceiling is breached.
However, it's worth noting that range-bound markets can be deceptive, and false breakouts are always a possibility. The key will be watching for a decisive move with strong volume and follow-through. Until we get that confirmation, remaining patient with existing positions while maintaining appropriate risk management makes sense.
The market appears coiled and ready to make its next significant move all signs point to higher prices, but as always, let the price action confirm the breakout before adding to positions.
XAU/USD (Gold Spot vs. U.S. Dollar) 1-hour chart XAU/USD (Gold Spot vs. U.S. Dollar) 1-hour chart on TradingView.
Here’s what I can observe:
There is a symmetrical triangle pattern (a type of consolidation pattern) drawn on the chart.
The price appears to be breaking out upwards from the triangle.
There’s an arrow drawn upward with a “target point” marked above current price levels.
To calculate the target from this breakout:
📈 Symmetrical Triangle Target Formula:
Target = Breakout Point ± (Height of the Triangle)
1. Measure the height of the triangle:
From the highest point of the pattern to the lowest point within the triangle.
Approximate values (from the chart):
High ≈ 4,080
Low ≈ 3,940
→ Height ≈ 140 points
2. Add the height to the breakout level:
Breakout ≈ 4,000
→ Target ≈ 4,000 + 140 = 4,140
🎯 Estimated Target: 4,140 USD
That matches closely with the dashed horizontal line labeled “target point” on my chart — right around 4,120–4,140.
So, my bullish target zone after breakout is approximately 4,120–4,140 USD per ounce.
Gold Continues to Struggle at 4000We're seeing a familiar story play out in gold as it makes multiple attempts to reclaim and hold above the 4000 level, but none of these efforts are showing the conviction we need to see from buyers. The price action on the hourly chart is particularly telling ,we're witnessing similar structural patterns repeating themselves, which often indicates indecision or a lack of strong directional commitment from either side. Once again, we've seen the rising support trendline get broken, which is not ideal for the bullish case in the short term.
However, there's a small silver lining worth noting. Today's CPR is showing an ascending structure, which typically carries some positive implications for intraday sentiment. It's not a game-changer by itself, but it does suggest that the technical setup isn't completely bearish. The key level to focus on for today's session is the CPR BC at 3971. This becomes our pivotal point ,if bulls can sustain trading above this level throughout the day, we could see another recovery attempt materialize toward the higher side. The ability to hold above 3971 would at least keep the door open for further upside exploration.
On the flip side, if we fail to maintain support at 3971 during the intraday session, it could trigger another leg down toward lower levels. Given the repetitive failed attempts at 4000 and the breakdown of support trendlines, the market is clearly at a crossroads here. We need to see some decisive action one way or the other to break out of this choppy, repetitive pattern.
As for my positioning, there's no change to my approach. I'm still holding my buy positions and actively managing the trades as this price action develops. The patience game continues, and while these repeated failures at 4000 are testing that patience, the broader picture still supports the long-term bullish thesis.
#Gold | From Double Top Breakdown to Potential W Reversal#XAUUSD | 4H Chart
Formed an M pattern (Double Top) , broke down, and completed its target ✅
Now taking support at the demand zone, showing early signs of a W-pattern formation (potential bullish reversal).
Support: 3944.43 / 3915.52 / 3892.95-3897.13
Immediate Resistance: 4030.34-4033.87
Key Resistance Levels:
4056.70-4065.52 / 4133.00-4154.79 / 4185.91-4205.12 (previous M-pattern breakdown zone)
Expectation:
If #XAUUSD surpasses 4034 on 4 HCB , price may retest the M-pattern breakdown zone (4185-4205) .
#Gold #XAUUSD #Wpattern #Mpattern #ChartPattern #PriceAction #Commodities
📌 Disclaimer: This analysis is shared for educational purposes only. It is not a buy/sell recommendation. Please do your own research before making any trading decisions.
Oil India | Bullish Breakout with Institutional Volume Surge💹 Oil India Ltd (NSE: OIL)
Sector: Energy | CMP: ₹438.05 | View: Bullish Breakout Setup
📊 Price Action:
Oil India has shown a strong bullish candle breakout after weeks of consolidation between 410–420. Buyers stepped in aggressively with volume confirmation, pushing price above the short-term resistance. A sustained close above 435 could trigger a fresh up-move toward the 450–455 zone.
HNI Trade Levels (STWP Setup):
Aggressive Entry: 434.75–436.20 | Stop Loss: 416.08
Low-Risk Entry: 432.57 | Stop Loss: 411.75
HNI and institutional buyers are showing strong accumulation interest with rising volumes. The breakout candle indicates smart money entering early into the trend. Sustained buying momentum suggests continued institutional participation ahead.
VCP Analysis:
Oil India is forming a smooth Volatility Contraction Pattern with clear price tightening in recent weeks. Volume contraction followed by today’s strong expansion indicates a potential VCP breakout stage. The surge in volume confirms institutional activity aligning with the final contraction phase breakout.
STWP Trading Analysis:
Entry: 436.20 | Stop Loss: 410.30
Strong bullish momentum with a wide-range candle backed by heavy institutional volumes. The breakout structure signals renewed trend strength with clear directional intent. Sustaining above 430 will keep the momentum in favor of buyers.
Fibonacci Analysis:
Oil India’s Fibonacci structure is plotted from the Swing Low at 384.6 to the Swing High at 491.5, capturing the recent trend wave. The stock is currently trading near the 50% retracement level at 438.05, showing a strong recovery within the ongoing uptrend. Holding above the 38.2% zone at 425.44 will keep momentum intact, while a breakout above the 61.8% level at 450.66 could extend the move toward 468–491, confirming trend continuation.
STWP Support & Resistance:
Resistances: 440.53 | 446.32 | 456.43
Supports: 424.63 | 414.52 | 408.73
While we note the above technical levels, the chart displays resistance zones at 448–456 and 478–491 as relatively weak, indicating limited selling pressure. However, supports near 392–384 and 325–350 appear strong, reflecting firm institutional demand and accumulation interest. This structure suggests a bullish bias, where sustained buying above 440 could trigger continuation momentum toward higher levels.
STWP Volume & Technical Setup:
Oil India delivered a power-packed bullish session today, marked by a strong Marubozu candle that reflected uninterrupted buying momentum from open to close. The chart’s yellow label captures a perfect storm of bullish confirmations — from exceptional volume (6.03M vs 2.48M avg, ratio 2.43x) to a Bollinger Band breakout emerging right after a compression phase, signaling fresh volatility expansion. The RSI breakout, 200 EMA crossover, and BB Squeeze trigger all align to validate institutional accumulation and trend strength. With buyer dominance clearly visible, Oil India stands poised for a momentum-driven continuation in the sessions ahead.
STWP Summary View:
Final Outlook:
Momentum: Strong | Trend: Bullish | Risk: Low | Volume: High
Oil India displays a textbook bullish setup with strong price action, expanding volume, and visible institutional activity.
A high-volume breakout from a tight base confirms trend strength and upside potential. Holding above key supports keeps risk low and the bullish momentum intact.
________________________________________
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⚠️ Disclosure & Disclaimer – Please Read Carefully
The information shared here is meant purely for learning and awareness. It is not a buy or sell recommendation and should not be taken as investment advice. I am not a SEBI-registered investment adviser, and all views expressed are based on personal study, chart patterns, and publicly available market data.
Trading—whether in stocks or options—carries risk. Markets can move unexpectedly, and losses can sometimes exceed the money you have invested. Past performance or past setups do not guarantee future results.
If you are a beginner, treat this as a guide to understand how the market works and practice on paper trades before risking real money. If you are experienced, always assess your own risk, position sizing, and strategy suitability before entering trades.
Consult a SEBI-registered financial adviser before making any real trading decision. By engaging with this content, you acknowledge full responsibility for your trades and investments.
Position Status: No active position in (OIL) at the time of analysis.
Data Source: TradingView & NSE India (Past Chart Reference) (Historical levels)
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#Silver | Falling Wedge + Inverse H&S = Bullish Cocktail#XAGUSD | 4H Chart
Head & Shoulders completed its breakdown target ✅
Price found support at the demand zone, formed a falling wedge breakout, and built an Inverse H&S.
Now consolidating right below the neckline, watching Immediate Resistance @48.464 👀
Above this, potential retest of key resistance zone 49.459 – 50.475/50.897 (previous H&S breakdown area).
Bias: Bullish above 48.464; confirmation on 4H close 🔥
#Silver #XAGUSD #HeadnShoulders #FallingWedge #InverseHeadnShoulders #PriceAction
📌 Disclaimer: This analysis is shared for educational purposes only. It is not a buy/sell recommendation. Please do your own research before making any trading decisions.
AUD/USD (3H)...AUD/USD (3H) chart, here’s a breakdown of what I see and how the target can be projected:
---
🧠 Pattern Analysis
My identified a Cup and Handle pattern, which is a bullish continuation setup.
Cup low: around 0.6450
Cup rim (resistance / breakout level): around 0.6580 – 0.6590
Current price: ~0.6585 (right around the breakout level)
Handle: short pullback, touching near Ichimoku cloud support — healthy structure before potential breakout.
---
🎯 Target Projection (Cup & Handle Rule)
Cup and Handle target = Breakout level + Depth of the cup
Depth of cup:
0.6585 (rim) – 0.6450 (bottom) = 0.0135
Target = 0.6585 + 0.0135 = 0.6720
---
✅ Target Summary
Entry (breakout confirmation): above 0.6590
Target: 0.6720
Stop-loss: below 0.6535 – 0.6540 (below handle & cloud support)
Risk/Reward ratio: ~1:2.5
---
💡 Bonus Confirmation
Price is above the Ichimoku Cloud (bullish bias).
Handle retracement is shallow and respecting Tenkan/Kijun lines — typical of strong continuation setups.
Volume on breakout (watch for increase) would add confirmation.
---
Final Target: 0.6720 (main take-profit zone)
GBP/JPY 2-hour chart...GBP/JPY 2-hour chart, here’s what I can interpret based on my markings:
Range zone (pink box): approximately 203.8 – 204.4
Resistance zone (green box): around 201.0 – 201.5
Current price: ~202.18
Ichimoku cloud: price is just breaking back toward the cloud (potential short-term bullish momentum)
Marked target point: around 204.3 – 204.4
🎯 Target Analysis
If price continues its upward momentum from the bounce near 201.3 (support zone) and breaks above the cloud:
First target: 203.20 (top of the cloud / minor resistance)
Second target (main): 204.30 – 204.40 (the top of my marked range)
📉 Invalidation / Stop-loss idea
If price falls back below 201.70 – 201.50, that would invalidate the bullish setup and could signal another test of the green support zone.
Summary
Buy zone: Above 202.20–202.30 (confirmation above Tenkan/Kijun lines)
Target 1: 203.20
Target 2: 204.30–204.40
Stop-loss: 201.50
SOL/USDT (1H timeframe)...SOL/USDT (1H timeframe):
Here’s a clear technical breakdown 👇
🧭 Chart Overview:
Current price: around $200.40
Trend: Uptrend, but showing short-term pullback
Support area: $190 – $195
Resistance area: $205 – $210
🔍 Key Observations:
The ascending trendline is acting as dynamic support.
Price recently rejected near the $210 resistance zone and is pulling back toward the trendline and Ichimoku cloud.
The target points marked on my chart suggest downside retracements if support breaks.
---
🎯 Target Levels:
If price stays above the trendline/support → bullish continuation:
Target 1: $207
Target 2: $212
Target 3: $220 (major breakout target)
If price breaks below the trendline/cloud support → bearish correction:
Target 1: $195 (short-term support / first target point)
Target 2: $188 (lower target zone marked on chart)
Target 3: $180 (major downside target if correction deepens)
---
⚠ Summary:
📈 Bullish scenario: Hold above $198 → move to $207–$212.
📉 Bearish scenario: Break below $198 → drop to $195 → $188.
USD/CAD (3H timeframe) chart...USD/CAD (3H timeframe) chart 👇
🧭 Chart Overview:
Current price: ≈ 1.3979
Trend: Bearish breakdown from support and trendline.
Price has cleanly broken below both the ascending trendline and Ichimoku cloud, confirming a downside continuation.
---
🔍 Key Technical Details:
The previous support zone (1.4010–1.4040) has turned into resistance.
Momentum is bearish after retesting that area and rejecting it.
Two target points are clearly marked on my chart.
---
🎯 Target Levels:
If bearish momentum continues 👇
Target 1: 🟢 1.3900 — first major support / first target
Target 2: 🟢 1.3730–1.3750 — second major target zone (full extension of breakdown)
---
⚙ Trade Setup Suggestion:
Entry (Sell): Below 1.3980 (confirmation of continuation)
Stop Loss: Above 1.4045 (above broken support)
Take Profit 1: 1.3900
Take Profit 2: 1.3730
---
⚠ Summary:
📉 Structure = Bearish
🎯 Targets = 1.3900 → 1.3730
🔄 Resistance = 1.4010–1.4040 (sell zone if retested)
chart for GBP/JPY...chart for GBP/JPY. Based on what I’m seeing + recent technicals, here’s a target-zone scenario for my. Remember: this is a probabilistic view, not a guarantee — set my risk accordingly and use a stop.
---
🔍 Current technical context
GBP/JPY is hovering around ~ 203.0-203.5 (per recent data).
There is resistance near ~ 205.30 according to one analysis.
On the downside, support is referenced around ~ 200.67 or ~ 197.47 in one view.
The pair’s trend signals show a generally bullish macro trend, though short-term momentum might be weakening.
---
🎯 Target zones
Given my chart shows a break of a trendline (uptrend) and a move lower, here are two plausible targets depending on how the move unfolds:
If a bearish move continues (i.e., break of support around ~ 200.6) → A target around 197.50-198.00 is reasonable.
If the price instead holds support and bounces/reverses → A target near or above the resistance around 205.30-207.00 becomes possible.
---
✅ My preferred “play” based on my setup
Since my chart shows a breakdown of an ascending trendline, I lean toward the bearish target path:
Entry: At current ~ 203.0 area (assuming my chart confirms the break).
Stop-loss: Just above the recent high / trend‐line (say ~ 205.50) to manage risk.
Target: ~ 197.50-198.00 (gives about 5-6 points of drop from current).
Risk-reward: Check how many pips my risking vs this target — ensure the reward is larger than the risk.
---
⚠ Things to watch
If price breaks back above ~ 205.30 with good momentum, the bearish scenario is invalidated and my need to pivot.
Macroeconomic/fundamental events (e.g., UK or Japan monetary policy) can blow this setup either way — be aware.
The move to 197.50 might not be smooth — there may be bounces, retests of broken trendline, etc.
---
If you like, I can plot multiple target-levels (e.g., near‐term, mid-term, and stretch) on my exact chart timeframe (1-hour) and we can mark stop and risk-zones.
Gold Struggles at 4000: Managing Longs in Corrective PhaseYesterday's session brought some disappointment for the bulls as gold tested the psychological 4000 level but failed to sustain above it on the larger timeframes. After reaching a high around 4028, we saw sellers step in with conviction, leading to a breakdown of the ascending trendline that had been supporting the recent recovery attempt. The rejection at these levels was swift, and now we're trading back at lower levels, which puts the immediate bullish case on hold for the time being.
For today's trading session, the CPR range positioned between 3943-3968 represents the intraday battleground. This zone is now acting as resistance, and bulls will need to prove themselves here if they want to regain any meaningful momentum. To shift the current selling sequence and get back into control, price needs to reclaim the broken trendline support and more importantly, break above yesterday's high at 4028. Until that happens, the path remains to the downside, and we need to respect what the market is telling us for current short term structure.
On the support side, the 3880-3900 zone that we have to watch and losing control here could open the door for more corrections toward lower levels and can make attempt towards 3850 (50% Fib Level).
From a fundamental perspective, we're also dealing with some interesting cross-currents. The China-US trade deal developments are currently providing some headwinds for gold, giving short-term sellers additional reasons to press their advantage. However, zooming out to the bigger picture, yesterday's Federal Reserve decision to cut rates by another 25 basis points and signal the end of Quantitative Tightening is structurally bullish for gold over the medium to long term. This transition to monetary easing typically creates a favorable environment for precious metals.
As for my positioning, I'm continuing to manage my existing long positions. My broader view remains to buy the dip because the longer-term structure still favors the bulls. These short-term corrections, while uncomfortable, are part of the journey in trending markets. The key is staying patient and not getting shaken out by near-term volatility when the fundamental and structural backdrop remains supportive.
Gold Declines as Sellers Dominate the MarketGold is undergoing a controlled correction phase after an extended period of sustained gains. Market behavior over recent sessions reflects a shift from expansion to contraction as liquidity flow decreases and momentum weakens across key time horizons.
The previous upward cycle attracted substantial speculative interest, but current market dynamics suggest profit-taking by institutional participants and reduced accumulation from large holders. The recent structural shift confirms that sentiment has turned defensive, aligning with global market caution amid evolving economic conditions.
Despite short-term consolidation, the broader setup indicates that gold remains sensitive to global financial stability concerns and policy signals. Market participants are now waiting for clarity on upcoming economic data and interest rate outlooks, which could determine whether the correction deepens or transitions into a new accumulation phase.
In the near term, volatility is expected to remain elevated as investors reassess exposure levels. The prevailing outlook maintains a cautious bias, with traders closely observing how price reacts to continued shifts in liquidity and macro sentiment. Sustained capital outflow from hedge assets could pressure gold further, while renewed demand for safety could limit downside potential in the medium term.






















