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GOLD SHOWING A GOOD UP MOVE WITH 1:7 RISK REWARD GOLD SHOWING A GOOD UP MOVE WITH 1:7 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
FX:XAUUSDLong
by tradergyan01
1
XAU/USD) 2H Trade Setup – Long Entry from Support with Targets aEntry Point: 3,219.45 Stop Loss: 3,171.35 Target Point One: 3,347.49 EA Target Point (Final Target): 3,503.87 Trade Plan: Risk Zone: Between entry (3,219.45) and stop loss (3,171.35). The trader risks roughly 48.1 points. Reward Zone: From entry to: Target Point One: ~128 points. Final Target (EA Target): ~284.4 points. Risk-Reward Ratios: To Target Point One: ~2.66:1 To EA Target Point: ~5.9:1 Indicators and Signals: Price appears to be bouncing off a support zone near 3,212–3,219, indicating a potential reversal. 200 EMA (blue) and 50 EMA (red) are shown; price is slightly above the 200 EMA, suggesting long-term support. There is a downtrend before the bounce, so this might be a counter-trend trade or the start of a new trend. Summary: This setup is a classic bounce from a demand/support zone with a clear upside potential. The risk is tightly managed, and the reward is significantly higher, aligning with favorable risk-reward principles. However, the position is speculative and relies on bullish follow-through from the support level. Watch price behavior near the 3,288 and 3,347 resistance zones to assess momentum.
CAPITALCOM:GOLDLong
by EA_GOLD_MAN_COPY_TRADE
2
Bullish Reversal Forming at Key Support Zone – Targeting 3,450Instrument: Unspecified (likely XAU/USD or an index, judging by the price range) Current Price: ~3,250.100 Indicators Used: EMA 50 (Red): 3,284.255 EMA 200 (Blue): 3,287.152 🟣 Key Zones: Support Zone: Around 3,200 – a strong demand zone where price previously bounced. Target Zone: Around 3,450 – the last major resistance and recent high. 📉 Current Price Action: Price recently tested the support zone and is forming a potential double bottom pattern. EMAs are above the price, indicating a short-term bearish trend, but the price holding support may suggest a possible reversal. A bullish trajectory is drawn, projecting a potential rise toward the target zone at 3,450. 📈 Potential Trade Idea (Hypothetical): Entry: Near current price or on pullback to the small support box (~3,240) Stop-loss: Below the major support (~3,190) Take-profit: Around 3,450 ⚠️ Key Considerations: Price needs to break above the EMAs to confirm momentum shift. Watch for confirmation with bullish candlesticks or volume spike. Failure to hold the 3,200 support could invalidate this setup.
OANDA:XAUUSDLong
by MrStellanSight
(XAU/USD) Bearish Trade Setup – Targeting $3,222 with 1:6 Risk/R(Sell) setup. Entry Point: Around 3,409.33 - 3,408.41 USD. Stop Loss: 3,437.87 USD. Target (Take Profit): 3,222.53 USD. Risk/Reward Ratio: Approximately 1:6, which is favorable. 📉 Price Action & Trend Analysis: A rising wedge (or channel) appears to have formed and broken to the downside — a bearish signal. The current price at 3,341.47 has broken below a minor support zone (highlighted in purple), indicating bearish momentum. Price is now approaching the 200 EMA, which is acting as potential dynamic support. 📌 Key Levels Highlighted: Support Zones: Near 3,347.47 (previous minor support) and 3,222.53 (main target zone). Resistance Zones: At the entry level and above, near 3,437.87 (Stop Loss zone). 🔄 Indicators: Moving Averages (Red and Blue Lines): Shorter-term moving average (red) is below the longer-term (blue), indicating downward pressure. Momentum Shift: The sharp drop suggests a likely continuation of the bearish trend.
CAPITALCOM:GOLDShort
by EA_GOLD_MAN_COPY_TRADE
2
XAU/USD) Bullish trand line analysis Read The ChaptianSMC Trading point update Technical analysis of Gold Spot (XAUUSD) on the 4-hour timeframe, featuring key support and resistance levels, price action projections, and RSI for momentum evaluation. Here's a breakdown of the idea: Key Points in the Analysis: 1. Support & Resistance Zones: Big Support / Buying Zone: Around 3,222 – 3,240. This zone has seen previous bullish reversals and is supported by the 200 EMA. Intermediate Support Level: Around 3,270–3,290, where price might bounce before attempting a breakout. Key Resistance Level: Around 3,350–3,365. Price must break this area to move toward higher targets. 2. Price Action Projections: The analysis shows two bullish potential scenarios: Scenario 1: Price breaks above the resistance level directly and moves toward the target point at 3,535.83. Scenario 2: A retracement to the lower support or even the big buying zone before a bullish rally to the same target. 3. RSI (Relative Strength Index): Currently near the neutral zone (around 49), suggesting there's room for movement in either direction. No extreme overbought/oversold signals right now. 4. EMA (200): The price is currently hovering above the 200 EMA (3,222.01), which acts as a long-term support and trend indicator. Mr SMC Trading point Summary of the Trading Idea: Bias: Bullish Entry Zones: Look for long entries at either the support level (3,270–3,290) or lower buying zone (around 3,222). Target: 3,435.05 initially, then 3,535.83. Invalidation: A clear breakdown below the 3,222 support level could invalidate the bullish bias. Pelas support boost 🚀 analysis follow)
FX:XAUUSDLong
by SMC-Trading-Point
3
Gold (XAU/USD) 3H Chart Analysis – Bullish Setup Toward $3,500 TCurrent Price: $3,254.26 EMA 70: $3,285.50 (Price is below EMA – cautious zone) Bias: Bullish 📈 (if demand zone holds) Key Zones: 🟦 Demand Zone: $3,200 – $3,260 ✅ Strong buy interest expected here ⚠️ Good place to look for entry signals 🟥 Resistance Zone: $3,223.60 – $3,323.84 🔄 Price is currently testing this zone A breakout here can lead to bullish momentum 🎯 Target Point: $3,500 – $3,529 💰 📌 Defined as "Target Point 3500" High potential for profit-taking here ⛔ Stop Loss: $3,161.32 🚫 Placed below demand zone for risk control ❗ Important to exit if price drops here Trade Idea 💡 📥 Buy Entry: Near or above $3,223.60 ✅ Hold as long as price respects demand zone 🎯 Target: $3,500 ⛔ Stop Loss: $3,161.32 ⚖️ Risk:Reward ratio looks favorable! Quick Summary: 🟢 Bullish Setup 💪 Demand zone is strong 📈 Breakout above resistance may fuel a rally ⏳ Wait for confirmation before entry!
CAPITALCOM:GOLDLong
by Jameshead007
XAU/USD) Bullish Trade Setup – Targeting $3,506.52 with Entry atEntry Point: $3,221.19 Stop Loss: $3,169.80 Resistance Zone: Around $3,277.98 to $3,280.64 Target (TP) Point: $3,506.52 (Approx. 9.05% upside) 📊 Technical Indicators and Markings: Moving Averages: Likely a 50-period (blue) and 200-period (red) moving average. Price is currently below both MAs, signaling a short-term downtrend. Support & Resistance Zones: Strong support around $3,207.67–$3,221.19 (entry area). Resistance at $3,244.25–$3,280.64. Stop-loss is strategically placed below support to limit downside risk. Target Area: Projected upside target is $3,506.52, with a potential 9.05% gain from the entry. This is marked as the EA (Expert Advisor) Target Point, possibly suggesting this is a strategy from an automated trading system. Orange Circles: Likely indicate swing highs and lows, used to identify trend patterns and potential reversal points. 📈 Trading Idea Summary: Bullish Setup: Buying at support, aiming for breakout above resistance to reach target. Risk-Reward Ratio: Favorable, assuming price holds above $3,207. Watch for Confirmation: Price needs to break above resistance around $3,280 for momentum continuation
CAPITALCOM:GOLDLong
by EA_GOLD_MAN_COPY_TRADE
1
Gold Hits 3382 – As Forecasted- Recap (04-05-2025 to 10-05-2025)Gold has successfully reached the 3382 level, aligning perfectly with our previous outlook. 📉 Technical Insight: Our analysis identified 3382 as a key resistance zone based on Fibonacci extension levels and prior price structure. The move was supported by strong momentum, with price action forming a bullish continuation pattern before the breakout. 📊 Fundamental Drivers: Gold's rally was fueled by persistent inflation concerns, escalating geopolitical tensions, and increasing central bank purchases — especially amid continued uncertainty in U.S. rate cut timelines. These macro factors strengthened gold's safe-haven appeal. ✅ Result: Market followed the script. Precise analysis — accurate results.
CAPITALCOM:GOLDLong
by JOY-OF-RISK-TARGET-ONE-WAVE
1
XAU/USD) Bullish Trade Setup – Targeting $3,506.52 with Entry atEntry Point: $3,221.19 Stop Loss: $3,169.80 Resistance Zone: Around $3,277.98 to $3,280.64 Target (TP) Point: $3,506.52 (Approx. 9.05% upside) 📊 Technical Indicators and Markings: Moving Averages: Likely a 50-period (blue) and 200-period (red) moving average. Price is currently below both MAs, signaling a short-term downtrend. Support & Resistance Zones: Strong support around $3,207.67–$3,221.19 (entry area). Resistance at $3,244.25–$3,280.64. Stop-loss is strategically placed below support to limit downside risk. Target Area: Projected upside target is $3,506.52, with a potential 9.05% gain from the entry. This is marked as the EA (Expert Advisor) Target Point, possibly suggesting this is a strategy from an automated trading system. Orange Circles: Likely indicate swing highs and lows, used to identify trend patterns and potential reversal points. 📈 Trading Idea Summary: Bullish Setup: Buying at support, aiming for breakout above resistance to reach target. Risk-Reward Ratio: Favorable, assuming price holds above $3,207. Watch for Confirmation: Price needs to break above resistance around $3,280 for momentum continuation.
CAPITALCOM:GOLDLong
by EA_GOLD_MAN_COPY_TRADE
XAU/USD) Bullish reversal analysis Read The ChaptianSMC Trading point update technical analysis of Gold Spot (XAU/USD) on the 4-hour timeframe, projecting a bullish outlook. Here's a breakdown of the main ideas conveyed: 1. Support Level & Double Bottom A strong support level is marked around the 3,177 area, with the price bouncing from it twice (highlighted by two black dots), indicating a potential double bottom pattern, which is typically a bullish reversal signal. 2. EMA 200 Support The 200 EMA (Exponential Moving Average) lies just below the current price (~3,177), acting as dynamic support. The fact that price is holding above it adds strength to the bullish argument. 3. Bullish Divergence on RSI The RSI (Relative Strength Index) shows a bullish divergence, where the price made lower lows but RSI made higher lows—another potential reversal indicator. 4. Price Projection If the bullish move plays out, the chart outlines two upward targets: Target Point: ~3,501.67 Next Target Point: ~3,729.23 These are based on measured moves from previous impulse legs (shown by vertical blue projections). 5. Entry Setup The chart suggests a break above the short-term consolidation could trigger the bullish run toward the first target, aligning with bullish price structure and support confirmation. Mr SMC Trading point --- Overall Idea: The chart expects a bullish reversal from support, confirmed by double bottom, EMA 200 support, and RSI divergence, targeting higher resistance zones. Pales support boost 🚀 analysis follow)
FX:XAUUSDLong
by SMC-Trading-Point
Gold (XAU/USD) Intraday Buy Setup with High Reward-to-Risk Ratio1. Entry Point Zone: Around 3,271.79 USD This is identified as a potential buy entry area, marked in purple. 2. Stop Loss: Below the entry point at 3,257.71 USD Risk management level in case the trade moves against the setup. 3. Target Point One: Between 3,313.75 and 3,317.07 USD A short-term take-profit level, likely based on previous resistance. 4. Final Target (EA Target Point): Around 3,373.04 USD A more ambitious take-profit, possibly based on a major resistance level or Fibonacci extension. 5. Trade Range: Risk: 3,271.79 - 3,257.71 = 14.08 USD Reward to First Target: ~42 USD
CAPITALCOM:GOLDLong
by EA_GOLD_MAN_COPY_TRADE
(XAU/USD) 1H Chart: Long Setup Targeting 3,500 with Key SupportEntry Point: Suggested near 3,301.51 USD (marked with the purple support zone). Stop Loss Zone: Below 3,266.87 to 3,221.67 USD (marked in blue and purple). This is where you limit your loss if the trade goes wrong. First Target (Target Point One): 3,376.65 USD. Final Target (EA Target Point): 3,523.55 USD (~8.26% potential gain from entry). Main Setup Idea: The price is consolidating around the support zone. There's a plan to buy (go long) at the purple zone (Entry Point) and aim for the two target points
CAPITALCOM:GOLDLong
by EA_GOLD_MAN_COPY_TRADE
XAU/USD) orderblok key Support Analysis Read The ChaptianSMC Trading point update technical analysis of Gold Spot against USD (XAUUSD) on the 1-hour timeframe. Here's a breakdown of the key ideas presented: Chart Analysis Summary: 1. Price Zones: Supply Zone (Resistance): Around the 3,355–3,365 level. Demand/Support Zone (Doer Block Support Level): Around 3,282–3,291. 2. Current Price Action: Price is currently at $3,331.96, close to the supply zone, and bouncing between the zones. There’s a sharp downtrend, which seems to be slowing down near the support level. 3. Projected Move: The chart suggests a short-term dip back into the demand/support zone, followed by a bullish reversal. Target Point: A move back up toward $3,498.36, which is marked as a significant resistance. 4. Technical Indicators: RSI (Relative Strength Index): Currently around 36.64 and recovering, suggesting potential bullish divergence or an oversold condition. 200 EMA: Around $3,291.52, providing dynamic support — aligning with the lower demand zone. Mr SMC Trading point Trade Idea: Buy Setup (Long Trade): Entry: Near 3,282–3,291 (support zone). Target: 3,498.36. Stop Loss: Below the support zone (~3,270). Overall Idea: This is a reversal-based setup. The price is expected to retest the support before launching a bullish leg toward the target. The confluence of the EMA, support zone, and RSI near oversold adds weight to the potential for a bounce. Pelas support boost 🚀 analysis follow)
FX:XAUUSDLong
by SMC-Trading-Point
Golden Peak Ahead? Watch These 2 Key Scenarios! Last Dance.Current Price: $3,327 Chart Structure: Massive parabolic rally post-2023 with no major correction yet. Bias: Bullish – but nearing a potential macro inflection point. 📌 Key Zones: 🟨 Strong Buy Zone: $3,087–$3,120 🔹 This zone aligns with the broken long-term trendline from early 2023 — a powerful demand area. 🔹 Backed by past consolidation (Feb 2025) and breakout candle base — makes it a high-probability liquidity zone. 🔹 If gold dips here, expect aggressive dip-buying from both retail and institutions. 🟥 Resistance / Final Upleg Zone: $3,660–$3,700 🔹 Psychological level + Fibonacci extensions from prior legs land here. 🔹 The zone overlaps with speculative price targets forecasted by hedge fund models (e.g., war premium, monetary shifts). 🔹 A blow-off structure around this level can trap late buyers → watch for reversal signs. 🔀 Dual-Scenario Projection: 🔸 Scenario A — Pullback Before Euphoria 🔹 Narrative: Market needs to cool down. 🔹 Gold retests the broken trendline (around $3,100). 🔹 This creates a liquidity sweep → flush weak longs → and invites smart accumulation. 🔹 Rally resumes → heads toward $3,660+ with stronger internal structure. 🧠 Strategic Tip: If this plays out, it gives one last high R:R entry before the potential macro top. 🔸 Scenario B — Direct Vertical Pump 🔹 Narrative: Global macro fear (e.g., tariff war escalation, Fed panic pivot, safe-haven buying) drives panic FOMO. 🔹 Gold pumps without retesting the trendline — hits $3,660–$3,700 in vertical style. 🔹 Looks euphoric on charts — could be a classic parabolic exhaustion. 🚨 Aftermath Warning: This often ends in a violent rug-pull. The correction could be fast and ugly. Price might collapse back to $3,100–$3,000 in weeks. 🧠 Strategic Tip: If price runs without correction, lock-in profits or hedge above $3,600. 📊 Market Psychology Layer: 🏦 Central Banks: Still net buyers, especially from BRICS. Adds real backing to long-term support zones. 📈 Retail Flow: Chasing momentum — increasing risk of late-stage entries. 🧠 Smart Money: Will likely unload around $3,660+, using war headlines as exit liquidity. 📉 What Triggers the Drop? De-escalation of geopolitical events Fed regaining control of inflation Dollar strength comeback Profit booking by institutions ⚖️ Risk-Reward Thought: EntryZone Risk (SL below) Target R:R $3,120 $3,060 $3,660 ~9:1 $3,300 $3,200 $3,660 ~3.6:1 $3,660 (Short idea) $3,200 ~5:1 🧠 Final Thoughts: Gold is not just rallying — it's sending a message. A deep macro shift is brewing. But no asset rallies in a straight line forever. If you missed the rally, don’t chase blindly now. Wait for structure. If you're long, don’t get greedy — start building exits beyond $3,600. 📌 Remember: The higher the climb, the more dramatic the fall — and in gold’s case, both are golden opportunities. 💰✨
PEPPERSTONE:XAUUSDLong
by sparkrlight
2
XAU/ USD) bullish trend analysis Read The ChaptianSMC Trading point update analysis for XAUUSD (Gold vs. USD) on the 2-hour timeframe appears to suggest a bullish continuation setup after a correction. Here's a breakdown of the idea: Key Points from the Chart: 1. Rising Channel: The price is moving within an ascending channel. After a breakout and strong rally, it is currently in a flag or wedge-like correction pattern. 2. Correction Zone: The price is consolidating downward inside a small descending wedge (a bullish pattern), potentially forming a bull flag. This is typically a sign of continuation after a strong upward impulse. 3. Support Zone: A 4H support level is marked around 3,301.416, which aligns with the lower boundary of the flag pattern. This is a potential buy zone for price to react and bounce. 4. Target Point: The target is projected at 3,404.254, implying a breakout to the upside if the support holds. 5. RSI Indicator: RSI is currently around 65, with previous values near 80, suggesting a slight cooldown but still in bullish territory. A slight drop in RSI might occur before the next bounce. 6. EMA 200: The EMA 200 is well below current price (around 3,137), indicating a strong bullish trend. Mr SMC Trading point Possible Trade Idea: Entry: Around the 3,301–3,305 support area. Confirmation: Wait for a bullish reversal pattern (engulfing candle or strong bounce). Target: Around 3,404 (as per the marked target zone). Stop Loss: Below the support zone (e.g., below 3,295), depending on risk tolerance. Pales support boost 🚀 analysis follow)
OANDA:XAUUSDLong
by SMC-Trading-Point
Trade Idea: BUY GOLD (XAUUSD) at 2,993 – Target 3,035🔍 Technical Analysis (1H Chart): Strong support zone at 2,993 – 2,984 USD: This area has held well multiple times in recent sessions. Confluence with the EMA33 low (2,998 USD) acting as dynamic support. Price previously rebounded from this zone with a noticeable increase in volume. Structure: After a pullback to 2,993, the price rebounded to 3,017, indicating bullish demand. A retracement back to 2,993 would offer a good entry point for a trend continuation buy. Resistance / Profit Target at 3,035 USD: This is the most recent local high and aligns with the downtrend line and higher EMA levels. If price breaks above 3,035, the next potential target zone would be around 3,045–3,050 USD. 🧾 Trade Setup: Entry: Buy Limit @ 2,993 USD Stop Loss: Below 2,984 USD Take Profit: TP1: 3,031 – 3,033 USD (minor resistance) TP2: 3,035 USD (major resistance) 🎯 Risk-to-Reward Ratio (R:R): ~1.8 to 2.5 – suitable for intraday or short swing trade setups. ⚠️ Risk Management Tips: If price doesn't pull back to 2,993 and breaks 3,035 directly, wait for a retest of 3,031 for a breakout-entry strategy. Keep an eye on upcoming U.S. economic news or Fed events, which could bring volatility. Adjust stop-loss or secure partial profits during U.S. session for safety.
CAPITALCOM:GOLDLong
by HungDaoGlobalTrading
GOLD (XAUUSD) 30-Min Chart Analysis – Key Reversal & Breakout Zo200 EMA (blue): 3085.72 (bearish as price is below it) 30 EMA (red): 3033.52 Current Price: 3034.10 🟪 Key Zones (Highlighted in Purple) Resistance Zone: Around 3045.54–3065.70 Support Zone: Around 2968.27 Previous High Zone / Target Area: 3158.42 📉 Short Trade Setup (Blue Arrow Going Down) Entry Area: If price rejects the resistance zone around 3045–3065 Stop Loss: Above the zone, around 3065.70 Take Profit: At the support zone, 2968.27 Risk-to-Reward: Approx. 2.4x (shown as -2.43%) 📈 Long Trade Setup (Blue Arrow Going Up) Entry Area: If price breaks and holds above the 3065.70 zone Stop Loss: Below 3045.54 zone Take Profit: 3158.42 (previous resistance) Risk-to-Reward: Approx. 3.0x (shown as 3.00%) 💡 Analysis Summary Price is currently ranging just below the resistance zone. Two possible scenarios: Rejection from the zone → short entry. Breakout above zone → long opportunity. Use EMA alignment for confirmation: Bearish if price stays below both EMAs. Bullish if price breaks above 200 EMA (3085.72).
CAPITALCOM:GOLD
by EA_GOLD_MAN_COPY_TRADE
This chart shows a potential bullish setup for Gold (XAUUSD) on This chart shows a potential bullish setup for Gold (XAUUSD) on the 15-minute timeframe, with some key technical elements and a projected trade idea. Here's a breakdown of the analysis: 1. Current Market Overview Price: Trading around $3,038.51. Trend: Recent downtrend followed by a minor recovery. Indicators: EMA 200 (Blue): Currently at $3,090.41, acting as a dynamic resistance. EMA 30 (Red): Positioned below the EMA 200, indicating a still bearish trend but with potential for a pullback. 2. Key Zones & Labels Limit Entry Zone: Highlighted around $3,025.72 (bottom purple zone) Labeled as “LIMIT ENTRY”, indicating a potential buy entry. This area corresponds with a fair value gap (fvg) — often used in smart money concepts as a sign of institutional interest. Target Zone: Around $3,082.22 (top purple zone) Labeled as “target point EA”. Lies just below the EMA 200 resistance level, which is a likely take-profit area for a bullish move. 3. Projected Price Action A possible bullish retracement is anticipated: Dip into the limit entry/fvg zone at ~$3,025. Then, a rally targeting the $3,082 zone, possibly extending toward the EMA 200 at ~$3,090. 4. Trade Setup (Based on the Chart) Entry: Around $3,025.72 (limit buy) Target: Between $3,082.22 - $3,090.41 Risk: Likely below the FVG zone (~$3,015–$3,020), depending on risk appetite.
CAPITALCOM:GOLDLong
by EA_GOLD_MAN_COPY_TRADE
Gold (XAU/USD) Technical Analysis: SMC Trading point update This chart is a technical analysis of Gold (XAU/USD) on a 4-hour timeframe. Here’s a breakdown 1. Ascending Channel: The price is moving within an upward channel, showing a bullish trend. Higher highs and higher lows confirm the uptrend. 2. Support and Resistance Zones: Yellow Boxes: Key support zones where price previously consolidated before moving higher. Red Arrows: Marking resistance zones where the price faced rejection. Green Arrows: Indicating support levels where the price bounced. 3. Current Price Action: Price recently dropped to a key support zone (around $3,050). A bullish reaction is expected from this level. If support holds, the price may continue the uptrend toward the target of $3,186. 4. Projected Move: The black zigzag line suggests a potential bounce from support. If the support level holds, price could move back up within the channel. Mr SMC Trading point Conclusion: If price respects the support zone, there could be a good buying opportunity. A break below the support zone would signal potential bearish movement. Monitoring price action around the yellow zone is crucial for confirming direction. Pales support boost 🚀 analysis follow )
FOREXCOM:XAUUSDLong
by SMC-Trading-Point
GOLD MARKET – Early Asian Spike Meets Resistance Ahead of ADP🟡 GOLD MARKET UPDATE – Early Asian Spike Meets Resistance Ahead of ADP Gold saw a strong early move during the Asian session, rallying back into the 313x zone — largely supported by consistent buying flow from Asian and Middle Eastern investors, as seen in the bullish momentum early in recent Asian sessions. However, price quickly reacted to the key resistance zone at 3130–3135, which was highlighted in yesterday’s plan. With selling pressure reappearing at this level, my view remains to look for sell setups in both the Asian and London sessions if price retraces upward again. 📉 Technical Structure: Gold is approaching the tip of a symmetrical triangle pattern, suggesting an imminent breakout. → As always: wait for the breakout, then trade the retest in the breakout direction. 📰 Fundamental Watch: All eyes will be on tonight’s ADP Non-Farm Employment data from the U.S. Expectations are fairly optimistic — if the data comes in near or better than forecast, this could strengthen the USD and push gold lower, aligning with my bearish view toward the 308x–307x target zone. 🧭 Key Levels to Watch: 🔺 Resistance: 3128 – 3135 – 3142 – 3148 🔻 Support: 3110 – 3100 – 3080 – 3070 🎯 Trade Setup: 🟢 BUY ZONE: 3102 – 3100 SL: 3096 TP: 3106 – 3110 – 3114 – 3118 – 3122 – 3126 – 3130 🔴 SELL ZONE: 3148 – 3150 SL: 3154 TP: 3144 – 3140 – 3136 – 3132 – 3128 – 3124 – 3120 📌 Caution: Watch out for increased volatility during the US session with ADP release. In Asia and Europe, stick to the technical zones above and always manage your TP/SL properly to protect your capital. Good luck, stay sharp. — AD | Money Market Flow
FOREXCOM:XAUUSDLong
by MMFlowTrading