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Gold's historic rally continues!Market News: In early Asian trading on Monday (September 8), spot gold prices fluctuated within a narrow range, currently trading around $3,597/oz. Influenced by exceptionally weak US non-farm payroll data, spot gold prices surged, reaching $3,600/oz in London, a record high. The market now believes there is approximately a 10% chance that the Federal Reserve will cut interest rates by 50 basis points in September. Investors should be wary of the risk of a significant rate cut at this meeting. From a broader perspective, the fundamentals of international gold are exceptionally strong. Non-yielding gold has stood out in an environment of low interest rates and high uncertainty. This rally is not a flash in the pan; it is built on a solid foundation of multiple factors, including a weak US dollar and expectations of a global economic slowdown. Another major pillar of gold's gains is continued central bank buying. In addition to domestic US economic factors, international geopolitical turmoil has also provided strong support for gold. Gold traders are focused on this week's US Consumer Price Index (CPI) data. If progress is made in combating inflation, this will strengthen the case for a rate cut at the September 16-17 meeting. Market sentiment for rate cuts has reached its limit. A slight rise in the CPI may lead to temporary caution in international gold prices, but the overall bull market remains intact. Technical Analysis: Non-farm payroll data fueled gold buying, extending the trend structure and reaching a new all-time high. Spot gold prices hit another all-time high, posting their strongest single-week gain. Weak US non-farm payroll data further heightened expectations of a Fed rate cut, and amidst growing global economic uncertainty, gold's strong rally has gained new momentum. The weekly chart showed a strong bullish trend. After seven consecutive daily gains, the eighth candlestick formed a small bearish retracing line, retracing to the 3516 level. After a correction, the 5-day moving average regained support. Following Friday's positive non-farm payroll data, gold once again broke through its all-time high, reaching the 3600 mark, driven by the convergence of technical and fundamental factors. The daily candlestick structure remains a buy signal! Price is trading within the upper Bollinger Band, with the RSI nearing the 80-day mark. The latest 10/7-day moving averages are moving upward to 3498/35. The daily and weekly trends remain bullish, but the RSI is approaching overbought territory, prompting caution for potential corrections. On the four-hour chart, price is trading within the upper middle Bollinger Band, with the moving averages remaining upward, maintaining its upward trend. The trading strategy for gold at the start of the week continues to be primarily buy-on-low. Trading Strategy: Short-term gold buy at 3572-3575, stop loss at 3564, target at 3600-3620; Short-term gold sell at 3636-3639, stop loss at 3648, target at 3590-3570; Key Points: First Support Level: 3572, Second Support Level: 3555, Third Support Level: 3538 First Resistance Level: 3600, Second Resistance Level: 3616, Third Resistance Level: 3636
OANDA:XAUUSDLong
by BullMarketKing
Gold Targets $3,600 After Strong BreakoutAnalysis: Gold (XAU/USD) continues its bullish rally after breaking above the buy zone near $3,440 and holding strong momentum. The market has recently made higher highs, with price consolidating slightly below the resistance zone. Currently, gold is trading at $3,548, with the short-term target identified at $3,600. The chart suggests potential consolidation in the highlighted area before another upward push. The SMA (9) at $3,552 is acting as dynamic support, keeping the bullish bias intact. If buyers maintain control, a clear breakout above $3,552 – $3,560 could confirm a move toward $3,600 – $3,604. However, if momentum weakens, support lies at $3,511 and $3,499, with a deeper pullback possible toward the $3,440 buy zone. Overall, the sentiment remains bullish, and gold looks positioned to test the $3,600 psychological resistance in the near term.
FX:XAUUSDLong
by Pipshunter27
Weekly Outlook: Big Bullish Move + Key US DataMarket View: Gold (XAUUSD) finished the week with strong momentum after Nonfarm pushed price close to $3600/oz ATH. On the daily chart, the candle closed almost full body (only ~30% wick), showing no profit-taking yet. The weekly chart is also strongly bullish – confirming that buyers are in control. This signals more upside likely in the coming week and month. Key US Events This Week: Wed, Sep 10: Core PPI & PPI m/m → If higher than expected, USD may strengthen short-term, creating pressure on gold. Thu, Sep 11: CPI (Core, m/m, y/y) + Jobless Claims → the most important release. Lower CPI + higher claims = bullish for gold. Higher CPI = hawkish Fed = pressure. Fri, Sep 12: UoM Consumer Sentiment & Inflation Expectations → could shift Fed outlook further. 👉 Fundamentals may bring volatility, but overall medium-term trend remains bullish. Technical Outlook (H1 Chart): After the Nonfarm breakout, gold is consolidating sideways. Levels to watch: Support: 3574 – 3551 – 3530 – 3516 Resistance: 3600 – 3621 – 3633 – 3649 – 3669 – 3678 Trading Plan: BUY bias (preferred): Long on dips near 3574–3550 SL: below 3530 TP: 3600 → 3621 → 3633 → 3649 → 3669 → 3678 SELL scalp (alternative): Only if 3530 breaks with strong CPI surprise → target 3516/3527 Summary: ✅ Gold stays in a strong uptrend on Daily & Weekly charts. Macro factors support more upside if inflation keeps easing. 👉 Watch 3592 (bullish trigger) and 3575 (bearish trigger) as the key decision levels. Follow MMFLOW TRADING for daily plans and quick updates.
OANDA:XAUUSDLong
by MMFlowTrading
Gold 1H – Smart Money Plays Below 3,600Gold on the 1H timeframe is consolidating close to 3,600 after sweeping short-term liquidity. Price is currently forming imbalance around intraday highs, while demand is positioned lower at 3,565. This structure suggests engineered moves designed to trap both buyers and sellers before the next expansion. ________________________________________ 📌 Key Structure & Liquidity Zones (1H): • 🔼 Buy Zone 3,565 – 3,563 (SL 3,560): Discount demand block, aligned with bullish order flow. • 📍 Scalp Sell Zone 3,594 – 3,596 (SL 3,601): Intraday rejection pocket; scalp opportunity. • 🔽 Sell Zone 3,630 – 3,628 (SL 3,637): Premium supply zone, suitable for liquidity sweep reaction. ________________________________________ 📊 Trading Ideas (Scenario-Based): 🔺 Buy Setup – Demand Block Reaction • Entry: 3,565 – 3,563 • Stop Loss: 3,560 • Take Profits: o TP1: 3,585 o TP2: 3,595 o TP3: 3,600+ 👉 Expectation is for liquidity sweep into discount demand before resuming bullish trend. 🔻 Sell Scalp Setup – Intraday Reaction • Entry: 3,594 – 3,596 • Stop Loss: 3,601 • Take Profits: o TP1: 3,592 o TP2: 3,590 o TP3: 3,585 → 3,580 → 3,570 → 3,560 👉 Short-term liquidity pocket; scalp trades only with strict risk control. 🔻 Sell Setup – Premium Rejection • Entry: 3,630 – 3,628 • Stop Loss: 3,637 • Take Profits: o TP1: 3,610 o TP2: 3,600 o TP3: 3,590 👉 Targeting liquidity lying below intraday lows; best for quick short opportunities. ________________________________________ 🔑 Strategy Note Overall bias remains bullish, but smart money may engineer a sweep of 3,626–3,630 supply before driving price back into 3,565 demand. Cleaner setup is to buy dips, while sell scalps are short-lived opportunities.
OANDA:XAUUSDLong
by Ryan_TitanTrader
Gold: Buy around 3578, target 3599-3620Gold Market Analysis: Friday's gold buying was strong again, driven by two factors: a pre-existing buying trend, and the disappointing non-farm payroll data, which bolstered gold's safe-haven appeal. We also placed buy orders at 3544. Before the non-farm payroll report, the price broke through 3561 again, and all of our buy orders were profitable. The weekly chart ultimately closed with a large, clear bullish candlestick. The buying trend is undeniable. I've always adhered to the principle of not speculating on tops or trends; we aim to follow them, not fight them. Currently, both indicators and patterns clearly indicate a buying trend. This week, we'll focus on the gains and losses of 3523 on the weekly chart. Unless it breaks, it's difficult to call a top, nor will it disrupt the buying pattern. Let's look for buying opportunities in the Asian session. First, focus on support at 3578-3572. 3578 represents the previous top of the pattern and also serves as a minor short-term support level. The low point of Friday's correction from the high was 3572, indicating this level has become a new minor support level. Consider buying at this level in the Asian session. Slightly stronger support is the 1H support at 3562, also the daily moving average. Buying here is certain to trigger another rebound. Friday's gains were quite significant, and with the 3600 mark approaching, we predict either a pullback and subsequent rally, or a direct break below 3600. A direct decline is unlikely. For the first option, wait for a buying opportunity; for the second option, consider buying directly. Support is 3578-3572, strong support is 3562, resistance is 3500, and the strength-weakness dividing line is 3562. Fundamental Analysis: Last week's non-farm payroll data showed a figure of 22,000, compared to expectations of 75,000 and a previous estimate of 79,000. This result is quite disappointing. In short, fewer US jobs mean a weakening economy, which in turn leads to a rise in gold prices. This week, we'll keep an eye on the CPI. Trading Recommendations: Gold: Buy around 3578, target 3599-3620
OANDA:XAUUSDLong
by BullMarketKing
Crazy gold! Buy or wait for a pullback?Market News: Spot gold prices fluctuated narrowly in early Asian trading on Friday (September 5th), currently trading around $3,550 per ounce. International gold, a traditional safe-haven asset, hit a record high of $3,578 per ounce on Wednesday amid growing global economic uncertainty. The London gold price declined after reaching a record high, primarily due to profit-taking by traders. After a strong rally, the market accumulated a large amount of long positions, and many investors chose to cash in their profits at the peak, leading to a short-term price decline. Traders are focused on the upcoming US non-farm payroll report, which could directly influence the pace of the Federal Reserve's interest rate cuts and, in turn, the price of gold. In the current environment, weak employment indicators reinforce expectations of rate cuts and support gold's safe-haven demand. However, if the data exceeds expectations, gold may face further pressure. Technical Analysis: After seven consecutive days of gains, gold experienced a sharp drop yesterday, closing with a long lower shadow on the daily chart. Technically, this closing pattern is often a continuation of an upward trend, as prices remain within the ascending channel. Furthermore, a double top or head-and-shoulders top pattern has yet to emerge and establish. The daily chart retreated to yesterday's 5-day moving average at 3511, then bottomed out and rebounded. The European and American markets strengthened again, pulling back towards the 3559/60 levels. The 10-day and 7-day moving averages remained open and moved upward to 3504/3467, and the RSI indicator remained above 70. On the short-term four-hour chart, gold prices are trading within the upper middle Bollinger Band, with the moving averages converging and the hourly Bollinger Bands closing. Regarding news data, focus on the non-farm payroll report today. The market's estimate is slightly bearish, but the 4.3% increase in the unemployment rate is favorable for buying. The main strategy for intraday trading is to focus on wide range fluctuations, primarily buying on dips and selling on highs. Trading Strategy: Short-term gold buy at 3535-3538, stop loss at 3527, target at 3570-3590; Short-term gold sell at 3577-3580, stop loss at 3588, target at 3540-3520; Key Points: First support level: 3536, second support level: 3523, third support level: 3510 First resistance level: 3562, second resistance level: 3576, third resistance level: 3590
OANDA:XAUUSDLong
by BullMarketKing
Gold - Buy near 3540, target 3558-3578Gold Market Analysis: The market's greatest allure lies in its ever-changing nature. Yesterday, gold plummeted in the Asian session, plummeting to around 3510. It then hit the 5-day moving average on the daily chart and rebounded rapidly. It then went on to not only rebound, but also rise in a V-shaped pattern. Your supposed sell-off was a lie. The daily chart ultimately closed with a bearish hammer candlestick pattern. The long lower shadow suggests yesterday's sharp drop was fleeting. Gold has not yet shifted its buying trend. Today is the time for the non-farm payroll report, and I predict a period of volatile correction with a buying bias. If gold can rally to a new high in the Asian session today, consider buying directly. Our approach in the Asian session is to buy low and then wait for the non-farm payroll data. It's difficult to determine whether 3578 on the daily chart is the high point, and the pattern doesn't signal a peak. The 1-hour chart shows a new support level near 3540. Buying in the Asian session is possible based on this support level. Furthermore, support from moving averages and indicators is near 3531. This level, which represents daily support, presents a buying opportunity. If gold reaches 3578 during the Asian session, do not consider selling. The strategy of buying at low prices can be maintained until the release of the non-farm payroll data. Support levels are 3531 and 3540, while resistance levels are 3578 and 3560. The dividing line between strength and weakness is 3540. Fundamental Analysis: Recent fundamentals have not significantly stimulated the market. Today, we will focus on the US non-farm payroll data. Trading Recommendation: Gold - Buy near 3540, target 3558-3578
OANDA:XAUUSDLong
by BullMarketKing
NZDUSD Forming a Great Sell side scenario....NZDJPY is approaching 4H resistance zone, which has already show rejection previously. There is also a steep bullish trend line creating a confluence. There is a valid 4H FVG at upside. All these things signalling a coming very good sell side opportunity. Below are points detailing the same. 1. Price is approaching 4H resistance zone. Which may act as a strong supply zone. 2. Very steep Bullish Trend line developing a confluence at resistance. Steep trend line is always prone for breakout/breakdown. 3. Most probably price will take liquidity of resistance zone and break trend line. 4. After breaking trend line it should pullback till resistance/trend line or any newly created OB/FVG. 5. There are two possible reversal point 1. At nearest resistance. 2. At 4H FVG and higher trendline. All these combinations are signalling a high probability and high Risk and Reward (1:8) trade scenario. Note – if you liked this analysis, please boost the idea so that other can also get benefit of it. Also follow me for notification for incoming ideas. Also Feel free to comment if you have any input to share. Disclaimer – This analysis is just for education purpose not any trading suggestion. Please take the trade at your own risk and with the discussion with your financial advisor.
Short
by hari_log
1
Gold 04/09 – Smart Money Setup: Sell Scalp, Prep for Buy Zones🟢 Market Context Gold is currently reflecting a short-term bearish setup after a Change of Character (ChoCH) near 3,536.556. The market is reacting from supply and creating liquidity sweeps around the 3,531–3,533 zone. We anticipate the price to move lower towards demand areas before the next upward push. 📍 Key Levels & Trade Plan 🔴 Intraday Sell (Scalp Trade) Entry: 3,531 – 3,533 Stop Loss: 3,535 Target: 3,485 🟢 Swing Buy Zones Buy Zone 1: 3,475 – 3,477 Stop Loss: 3,470 Target: 3,508 – 3,526 Buy Zone 2 (Deeper Discount): 3,441 – 3,443 Stop Loss: 3,435 Target: 3,500+ ⚖️ SMC Bias Short-term: Bearish scalp from supply zone. Mid-term: Expecting liquidity grab and bullish reversal at demand zones. Long-term: Bullish order flow intact as long as deeper demand (3,441) is respected.
OANDA:XAUUSDShort
by Ryan_TitanTrader
Gold 03/09 – Smart Money Playbook: Buy the Dip, Sell the High🟢 Market Context Gold continues to show a bullish trend with multiple BOS (Break of Structure) and ChoCH (Change of Character) confirmations. The price is currently consolidating around the 3,533–3,540 range, with a noticeable FVG (Fair Value Gap) below. The market is likely to sweep liquidity before making another upward move. 📍 Key Levels • Resistance (Sell Zones): 3,564 | 3,575–3,576 | 3,586 | 3,595 • Support (Buy Zones): 3,528 | 3,508 | 3,494 | 3,480–3,478 | 3,468 🛠️ Trade Ideas ✅ Buy Zone (Intraday Swing) • Entry: 3,480 – 3,478 • SL (Stop Loss): 3,473 • TP (Take Profit): 3,485 – 3,490 – 3,500 – 3,515 – 3,520 – 3,530 📌 Expectation: Price is expected to fill the FVG and react from the demand zone before resuming its upward trend. ✅ Buy Scalp (Quick Reaction) • Entry: 3,501 – 3,503 • SL (Stop Loss): 3,491 • TP (Take Profit): 3,510 – 3,525 – 3,545 – 3,550 📌 Expectation: A short-term liquidity grab above the 3,500 psychological level, leading to a bullish push. ❌ Sell Zone (Countertrend Play) • Entry: 3,575 – 3,573 • SL (Stop Loss): 3,582 • TP (Take Profit): 3,565 – 3,555 – 3,545 – 3,530 – 3,520 📌 Expectation: A strong supply zone where smart money may target liquidity before a price reversal. 🔑 SMC Insights • BOS confirms a bullish bias, but the price may pull back to address the FVG imbalance. • Liquidity is likely to be present around 3,480–3,500 before a push towards 3,575 or higher. • High probability of buying at demand zones (dips) and selling at extreme supply zones.
OANDA:XAUUSDLong
by Ryan_TitanTrader
Gold Approaches All-Time High with Strong Bullish MomentumAnalysis: Gold (XAU/USD) is showing strong bullish momentum after breaking through the buy zone around the $3,450 level. Price action has respected the ascending channel and successfully pushed above key resistance levels. Currently, gold is trading at $3,473, with the next major target set at the all-time high (ATH) of $3,550, as highlighted on the chart. The breakout above the consolidation zone suggests continued buyer strength, supported by high trading volume. If the bullish momentum sustains, we can expect a new ATH around $3,550+, while a failure to hold above $3,450 may bring a short-term pullback toward $3,400 – $3,346 support levels. Overall, sentiment remains bullish, and gold looks ready to test higher highs if momentum continues. Would you like me to also create a trade plan (entry, stop loss, take profit levels) for this setup?
FX:XAUUSDLong
by Pipshunter27
1
High probability 1:7 Gold buy scenario.Gold is developing nice scenario for upside move. Currently it is under consolidation. We are expecting manipulation toward FVG (1 and 15m overlapping) and then upward movement after liquidity sweep. Below is detail 1. Price has created Break of Structure. 2. Displacement happened, which created FVGs in 5 and 15m overlapping. 3. FVGs are formed in Discount and OTE zone. 4. FVGs are overlapping BB on 5m. 5. HTF bias is also upside. All these combinations are signalling a high probability and high Risk and Reward (1:7) trade scenario. Note – if you liked this analysis, please boost the idea so that other can also get benefit of it. Also follow me for notification for incoming ideas. Also Feel free to comment if you have any input to share. Disclaimer – This analysis is just for education purpose not any trading suggestion. Please take the trade at your own risk and with the discussion with your financial advisor.
OANDA:XAUUSDLong
by hari_log
1
Spot Gold, Door Open for $3800, Need Patience.Spot #Gold, Door Open for $3800, Need Patience. (Any Panic Buy on Dips). Gold’s price broke through an important level at $3,450, which experts call a “symmetrical triangle pattern.” This is a sign that gold might keep going up, continuing a trend that started earlier this year. After a strong two-month rise starting in February, gold took a break but now seems ready to climb again. Some experts think gold could reach $3,600 or even $3,800 soon, which would beat its previous high of $3,500 from April 22.
FXOPEN:XAUUSDLong
by Neal_Bhai
7
Gold 01/09: FVG Retracement – Buy on Dips, Short near 3515SMC Market View – 01 September Gold is continuing its bullish order flow, with clear BOS and ChoCH signals already confirmed. Price has formed an FVG (Fair Value Gap) near 3463, and is now showing momentum towards the 3515 supply zone. ✅ BUY Setups Buy Zone 1: 3418 – 3422 Strong demand area with trendline support and liquidity sweep. Stop Loss: 3410 Targets: 3430 – 3445 – 3455 – 3460+ Buy Scalp Zone: 3352 – 3350 Deeper liquidity grab area, suitable for quick scalps. Stop Loss: 3344 Targets: 3360 – 3380 – 3400 👉 All buy zones are aligned with the dominant bullish structure. Best approach: wait for retracements to go long. ❌ SELL Setup Sell Zone: 3515 – 3517 H1 supply area overlapping with resistance. Stop Loss: 3522 Targets: 3500 – 3485 – 3475 – 3465 – 3450 👉 Short trades here are only meant for quick pullbacks. The bigger bias remains bullish unless a strong bearish ChoCH shows up. 📌 Conclusion Main bias: Buy on dips at 3415–3422, 3442–3447, and scalp at 3352–3350. Secondary play: Short at 3515–3520 targeting demand. Key level: Watch the FVG at 3463 for market reaction.
OANDA:XAUUSDLong
by Ryan_TitanTrader
1
Bitcoin – Technical Outlook for the New WeekBitcoin – Technical Outlook for the New Week Hello traders, BTC continues to follow the expected path. On the chart, price has held steady after breaking down from the rising channel, and the medium-term bearish structure on the H4 timeframe remains in play. For the longer term, we would still need to see breaks of major supports on higher timeframes to confirm that deeper downside is possible. But for now, the structure remains unchanged from my previous analysis. Short zone: still valid around 111k Long zone: still valid around 105k As the new week begins, BTC may consolidate further for another 1–2 sessions to build liquidity before showing its next clear move. This is my updated technical view for BTC – take it as reference, and plan your trades with discipline. What’s your outlook for this week? Share your thoughts in the comments.
BINANCE:BTCUSDShort
by BrianLionCapital
Gold (XAUUSD) Testing Support Before Potential Move HigherAnalysis: The chart for Gold Spot (XAUUSD) on the 1-hour timeframe shows a strong uptrend within a rising channel, supported by higher lows. Support Level: Price is currently testing a key support around 3,404–3,405. This level also aligns with the trendline, making it an important zone to hold. Resistance Zone: The next major resistance lies between 3,430–3,445, where selling pressure could emerge. Trend Outlook: As long as the support level holds, the bullish momentum remains intact, with potential for price to continue higher toward the resistance zone. Risk Factor: A breakdown below the support and trendline could weaken the bullish structure and may trigger a pullback toward 3,390. 📈 Bias: Bullish above support, targeting resistance at 3,430–3,445. 📉 Invalidation: Bearish pressure may come into play if price closes below 3,390.
FX:XAUUSD
by Pipshunter27
A strong ~1:10 RnR XAUUSD/Gold trade idea.Gold has created a good price action which may lead to a very high RnR price movement. Here are signals identified for the trade. 1. It is breaking trend inline after and earlier fake out. Which is a strong signal for upside move. 2. Taking reversal at golden zone of 4H last swing. 3. Rejection candle at 1H. 4. Bullish diversanse is already observed in RSI 5. Taking support from bullish trend line. 6. 5m W pattern is created and breakout done. 7. Price is taking pull back to broken resistance. 8. It may 1:10 trade if everything goes as plan. 9. Price rejection should be observed at the pullback level before taking further upside movement. P.S.- This is jut an idea not trade recommendations.
OANDA:XAUUSDLong
by hari_log
Gold (XAU/USD) Targets $3,397 – $3,406 Amid Bullish MomentumAnalysis: The 4H chart of Gold (XAU/USD) shows strong bullish momentum after a corrective phase. Price has broken above consolidation and is currently trading around $3,382, with upside targets at $3,397 and $3,406 (highlighted resistance zone). The supply zone on the higher timeframe remains intact below $3,280, acting as a long-term support. Immediate support levels lie at $3,371, $3,356, and $3,348. A break below these could shift momentum bearish. Current bullish structure suggests that as long as price holds above $3,371, buyers may drive the price higher toward the resistance levels. A rejection from $3,406 may lead to a pullback toward the mid-support zone before another attempt higher.
FX:XAUUSDLong
by Pipshunter27
XAUUSD – Medium-Term Trading ScenarioXAUUSD – Medium-Term Trading Scenario Hello traders, Gold is moving into the final stage of its flag pattern. Medium-term traders are now waiting for a clear breakout confirmation, as that will set the direction for the next medium- to long-term opportunities. Once price confirms the break, the strategy is to enter immediately in the direction of the move. Meanwhile, short-term and day traders continue to trade within the flag, looking for scalping opportunities. From my perspective, the probability of gold breaking to the upside and continuing the main bullish trend is fairly high after such a long consolidation. To optimise entries, buying near the lower boundary of the trendline makes sense, with stop-losses placed immediately if the pattern breaks down. The key area to watch is Fibonacci retracement 0.5 at 3354, which acts as both dynamic and static support, as well as a strong Fibonacci level. This zone offers a reliable long-term buy opportunity. Another potential early buy entry sits around 3372, where the previous candle showed strong bullish momentum. Positions here can be taken with tighter stops placed just below the nearest support. This bullish scenario would only fail if price breaks below the lower trendline and closes firmly underneath it, which would confirm a reversal. Wishing you success with this setup. If you share the same outlook, leave your thoughts in the comments so we can exchange ideas.
OANDA:XAUUSDLong
by BrianLionCapital
2
Gold about To Fly! ATH soon!Gold has been In Consolidation for past 5 Months. 4 occasions when it had settled near 3300. It's about time for Gold to take Shorts For Cleaners? This time around it's about to Settle near 3400. 3420 3440 will be Crucial for Bears to Defend if they wish to hold grip over this Consolidation. Longs will get aggressive above 3440 3450 Targeting 3550 3750 😲 A prolonged consolidation could continue in case 3420 shows Profit Booking For time Being 3375 3350 looks like providing support. If it continues to Hold then it may build the Bull Case
FOREXCOM:XAUUSDLong
by DrAnandM