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
Goldlong
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
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.
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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.
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.
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.
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?
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.
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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.
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.
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.
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.
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.
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.
GOLD(XAUUSD) Forming a pennant / ascending triangle 📌 Gold (XAUUSD)
Forming a pennant / ascending triangle with strong resistance near $3,390 – 3,400.
Volume is declining, suggesting indecision.
RSI holding above 50 but not powering higher → momentum is slowing.
MACD flatlining, no fresh bullish impulse yet.
👉 Breakout above $3,400 needed for continuation. Breakdown below $3,340 risks correction.
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.
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.
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
Gold Technical Analysis: Navigating Key Support ?The Gold chart shows a 30-minute timeframe analysis, highlighting recent price consolidation and potential future trends. The analysis suggests a potential V-shape recovery for gold.
Key Levels: The price is currently at a critical juncture, having tested a support zone around 3,326 - 3,333 USD. This zone has proven to be a strong base. Above it, a significant resistance zone is identified between 3,349 - 3,353 USD. Further up, another major resistance is at approximately 3,389 USD.
Price Action: The price has recently experienced a sharp decline and is now in a consolidation phase. The chart projects a potential bounce from the current levels, indicated by the black curved arrow, with the target being the upper resistance zone around 3,389 USD. The green shaded box illustrates the potential upward movement from the current position.
Conclusion: Gold appears to be at a key support level and could be poised for a rally if it successfully breaks above the immediate resistance zone.
Bitcoin (BTC/USDT) 4-Hour Chart Analysis
The Bitcoin chart shows a 4-hour timeframe analysis, focusing on a short-term uptrend channel.
Key Levels: The price is trading within an ascending channel. A significant support zone is identified between 112,000 - 114,000 USDT. A "weak supply zone" is marked around 118,000 USDT, which is currently acting as support. A major resistance is at approximately 124,564 USDT.
Price Action: After a strong push towards the channel's upper boundary, the price has pulled back and is now retesting the "weak supply zone." The blue and red arrows project two possible scenarios: a bounce back up towards the channel's high, or a deeper retracement towards the channel's lower trendline. The price movement appears to be following the blue projected path.
Indicators: The Ichimoku cloud and RSI strategy are used to confirm the trend and identify entry/exit points. The price is above the Ichimoku cloud, indicating a bullish trend.
Conclusion: Bitcoin is at a pivotal point within its uptrend channel. Its ability to hold the 118,000 USDT level will be crucial for a potential re-test of the 124,564 USDT resistance.
Gold after FOMC: Just a pullback or the start of a new wave?[Background
After the early morning FOMC session , Gold is showing signs of a sell-side pullback to gain momentum.
On higher timeframes (H4–D1), the structure remains bearish with lower highs .
However, consistent buying pressure around 3320 – 3330 keeps this zone as the key battlefield .
🪙 Key Levels Today
🔹 Storm Breaker 🌊 (Sell Zone 3357 – 3355)
SL: 3362
TP: 3350 → 3345 → 3340 → 33xx
🔹 Tidal Rebound 🌊⚡ (Sell Scalp 3349 – 3347)
SL: 3353
TP: 3345 → 3340 → 3335 → 33xx
🔹 Quick Boarding 🚤 (Buy Scalp 3330 – 3328)
SL: 3322
TP: 3335 → 3337 → 3339 → 3341
🔹 Golden Harbor 🏝️ (Buy Zone 3320)
SL: 3313
TP: 3325 → 3330 → extend further
📌 Trading Scenarios
After FOMC, the market may show rebound waves .
During Asia–Europe, price may consolidate between 3345 – 3357 .
If price tests Storm Breaker 🌊 → Prioritise Sell setups in line with the main bearish trend.
If price drops to Quick Boarding 🚤 or Golden Harbor 🏝️ → Short-term Buy scalps on pullback moves.
📰 Market Context
FED remains dovish leaning , with high probability of a rate cut in September (~82%, CME FedWatch) .
Geopolitical variables (Trump–Putin, Ukraine) remain unpredictable and may spark sudden volatility.
⚓ Captain’s Note
"Let Storm Breaker 🌊 test the buyers’ strength. Those who board at Golden Harbor 🏝️ will be lifted by the waves, but those who drift into the storm will soon feel the sea’s fury."
XAUUSD Bullish Breakout! Ready to Ride Gold’s Pre-FOMC Pump? XAUUSD Bullish Breakout! Ready to Ride Gold’s Pre-FOMC Pump? 🇮🇳
Subheader:
Gold surged past short-term resistances overnight – here’s a clear plan for Indian traders to scalp, swing, and ride the bullish momentum safely.
📊 Market Outlook – MMFLOW India Edition
Primary Bias: Bullish – Buy the dips
Key Observations:
Gold broke through the descending trendline and short-term resistance in a single session.
Early pre-FOMC breakout confirms strong bullish momentum.
Market cleared liquidity below and reclaimed higher zones – bullish case remains strong.
Scenarios:
🔹 Buy near strong support zones (dip-buying opportunities)
🔹 Tactical sells only at confirmed resistance with clear rejection
Technical Insight (Daily Chart):
Strong bullish confirmation candle – pullbacks are ideal reload points for long positions.
🔥 Trading Plan – Buy/Sell Zones & Scalp Strategy
✅ BUY SCALP
Entry: 3333 – 3331
Stop Loss: 3327
Take Profit: 3338 – 3343 – 3348 – 3352 – 3356 – 3360
✅ BUY ZONE (Swing / Positional Trades)
Entry: 3316 – 3314
Stop Loss: 3310
Take Profit: 3320 – 3325 – 3330 – 3335 – 3340 – 3350 – 3360
🔻 SELL ZONE (Tactical)
Entry: 3368 – 3370
Stop Loss: 3375
Take Profit: 3364 – 3360 – 3355 – 3350 – 3345 – 3340 – 3330
📌 Key Levels to Watch
Support Levels: 3332 – 3323 – 3315
Resistance Levels: 3348 – 3362 – 3370 – 3383
🚨 Risk Note for Indian Traders
If price dips deep into 331x, watch out for liquidity traps.
Always stick to TP/SL rules – volatility is high around FOMC events.
✨ MMFLOW Reminder
Key Levels = Profits
Buy the dips, ride the bullish momentum
💡 Pro Tips for TradingView India Users
Bookmark support & resistance zones
Observe liquidity sweeps before major news
Use scalp or swing strategies depending on your timeframe
Gold Update – Asian Session Ahead of FOMCGold Update – Asian Session Ahead of FOMC
After yesterday’s sharp decline below 3312, gold found strong support and is now consolidating sideways, building liquidity for the next move. From the current outlook, a short-term rebound is likely before the broader downtrend continues.
Looking at structure, the descending channel remains intact with price respecting the trendline, and yesterday’s break out of the triangle formation reinforced the bearish bias.
From an Elliott Wave perspective, the market may now be forming wave 4. If this rebound carries price back towards the 3325–3330 zone, it will retest a strong resistance area that has repeatedly capped price before. Should that happen, wave 5 could begin — and by theory, it is often the strongest leg.
Fibonacci projections highlight the next support near 3295. If tonight’s FOMC meeting delivers a hawkish outcome in favour of the US dollar, gold could even extend lower towards 3280.
For short-term trading, buyers may consider positions near 3316 with a tight stop just below the recent low, aiming to capture the corrective move of wave 4. On the flip side, if price reacts around 3325–3330, this may provide an opportunity to sell into the expected wave 5, with potential targets extending 40–50 dollars lower if momentum strengthens.
A sustainable trend always alternates between retracements and impulses. Patience in waiting for the right wave often leads to more effective trades than rushing to pick tops or bottoms.
Do you think the FOMC this month will announce a positive interest rate outlook? Share your thoughts in the comments.
#XAUUSD #Gold #TechnicalAnalysis #PriceAction #Fibonacci #ElliottWave #MACD #ForexIndia #CommodityTrading #FOMC
XAU/USD: Navigating the Uptrend and Key Support LevelsPrice Structure: Gold has been forming a series of higher highs and higher lows, indicative of a general uptrend. The chart labels a "high" and a "higher high," confirming this bullish structure.
Support and Resistance:
Two key support areas are identified:
Support area S1: A narrow zone around 3,320 USD. The price recently bounced off this area.
Support area S2: A broader, more significant zone around 3,290 USD, which appears to have been a strong support level in the past.
Several horizontal resistance levels are marked:
Immediate resistance: Around 3,351.231 USD and 3,366.029 USD.
Higher resistance: At 3,408.819 USD and 3,438.677 USD.
Channels and Trendlines:
The price has been moving within a series of ascending channels (highlighted in green rectangles), suggesting a stair-step upward movement.
A primary ascending trendline (black line) serves as a long-term support, with the price currently hovering just above it.
Recent Price Action and Projections:
The price recently broke out of a small downtrend and is showing signs of recovery from the "support area S1."
A potential price path is drawn with a red arrow, indicating a possible move towards the immediate resistance levels around 3,351 USD and 3,366 USD.
The chart highlights two specific price points, 3,360.604 USD and 3,350.685 USD, which likely represent a short-term trading range or target.
Volume: The volume spikes visible at key price points (e.g., at the low on July 30 and during the recent drop) indicate strong market activity.






















