Goldlongsetup
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.
Gold on Fire – Will XAUUSD Keep Breaking Higher?Gold (XAUUSD) is showing unstoppable momentum this month. With the US Dollar Index (DXY) weakening and markets expecting the Federal Reserve to cut interest rates, investor sentiment is shifting away from holding cash. For Indian traders, this means one thing: Gold is the ultimate safe-haven play right now.
🔎 Macro View
FED rate cut expectations → Pressure on USD → Bullish for Gold.
Risk sentiment: Investors worldwide are running to gold for safety.
With strong global inflows, gold could continue to make new all-time highs (ATHs) in the coming months.
📊 Technical Outlook (H1/H4)
Gold has been forming sideway accumulation zones followed by strong breakouts. This shows volume and market flow still favor bulls.
BUY ZONE:
3482 – 3480
SL: 3474
TP: 3486 – 3490 – 3495 – 3500 – 3505 – 3510 – 3520 – 3530 – 3540 – ???
SELL ZONE (only for short-term counter-trade):
3540 – 3542
SL: 3548
TP: 3530 – 3520 – 3510 – 3500 – ???
At the moment, there are no strong signals for selling. Trend bias = BUY on dips until we see sentiment reversal.
⚠️ Risk Note
The market is highly volatile right now with sudden liquidity sweeps. Always stick to TP/SL discipline to protect your account.
💡 Conclusion:
Gold remains in a powerful bullish trend, supported by both macro and technical factors. For Indian traders, the best strategy is to stay aligned with the bulls — buy dips and ride the wave.
✅ Follow MMFLOW TRADING for daily market plans and gold insights. Let’s capture this historic rally together!
GOLD/USD Bullish Reversal and Breakout Target GOLD/USD Bullish Reversal and Breakout Target 🎯 ✨📈
🔍 Technical Analysis Overview:
The chart illustrates a clear bullish reversal pattern following a strong downtrend, with price reacting from a key support zone (highlighted in blue).
Multiple bullish rejection wicks and confirmation candles (green arrows) indicate buying interest at this support.
The recent higher low formation confirms shift in market structure towards bullish bias.
📌 Key Zones:
🟦 Support Zone: Around 3,280 – 3,320 USD
Price respected this zone multiple times (marked with orange circles), confirming its strength.
🟥 Resistance Zone / Target: 3,430 – 3,460 USD
This area aligns with previous swing highs and is the projected target for this bullish move.
📈 Chart Structure:
Break of descending trendline and bullish momentum above support suggests potential continuation towards the marked target.
Falling wedge breakout also aligns with reversal logic.
🎯 Price Target:
3,438.515 USD (resistance area), as labeled on chart with arrow and breakout projection.
🛑 Invalidation Level:
A sustained break below the support zone (3,280 USD) would invalidate this bullish outlook.
📌 Conclusion:
Gold is exhibiting strong bullish behavior with confirmation from price action and structure break. As long as price sustains above support, the path toward 3,438 remains
Trading Analysis for Gold Spot / U.S. Dollar (15-Minute Chart)Based on the provided 15-minute chart for Gold Spot / U.S. Dollar (XAU/USD), published by NaviPips on TradingView.com on June 25, 2025, at 12:28 UTC, here’s a suggested trading setup for a sell position:
Current Price and Trend: The current price is 3,331.315, with a slight decline of -1.390 (-0.04%). The chart shows a recent downtrend with a potential resistance zone near the current price.
Sell Entry Options:
1st Entry: Enter a sell position at 3,355.490, aligning with the upper resistance level marked, where the price may face rejection.
2nd Entry: Enter a sell position at 3,344.221, a secondary resistance level if the price retraces slightly.
Stop Loss: Place a stop loss at 3,357.831, above the recent high, to protect against an upward breakout. This level is approximately 2.341 points above the 1st entry and 13.610 points above the 2nd entry, defining the risk.
Take Profit Levels:
Take Profit 1: 3,325.242, a conservative target about 30.248 points below the 1st entry and 18.979 points below the 2nd entry.
Take Profit 2: 3,316.079, a mid-range target approximately 39.411 points below the 1st entry and 28.142 points below the 2nd entry.
Take Profit 3: 3,304.625, a deeper target about 50.865 points below the 1st entry and 39.596 points below the 2nd entry.
Take Profit 4: 3,286.474, the furthest target, approximately 69.016 points below the 1st entry and 57.747 points below the 2nd entry.
Price Action: The chart indicates a downtrend with a recent bounce that may be exhausting near the 1st and 2nd entry levels. The 1:2 risk-reward ratio zone suggests a potential reversal point.
Risk-Reward Ratio: .
For the 1st entry (3,355.490), the stop loss to Take Profit 4 distance (69.016 points) offers a 1:2 risk-reward ratio with Take Profit 2 (39.411 points).
For the 2nd entry (3,344.221), the stop loss to Take Profit 4 distance (57.747 points) also aligns with a favorable risk-reward profile.
Conclusion
Option 1: Sell at 3,355.490 with a stop loss at 3,357.831 and take profit levels at 3,325.242, 3,316.079, 3,304.625, and 3,286.474.
Option 2: Sell at 3,344.221 with a stop loss at 3,357.831 and the same take profit levels. Monitor the price action for confirmation of a reversal at the entry levels, and be cautious of potential bullish momentum if the price breaks above the stop loss.
Trading Analysis for Gold Spot / U.S. Dollar (15-Minute Chart)Based on the provided 15-minute chart for Gold Spot / U.S. Dollar (XAU/USD), published by NaviPips on TradingView.com on June 25, 2025, at 03:52 UTC, here’s a suggested trading setup for a sell position:
Current Price and Trend: The current price is 3,322.840, with a slight decline of -0.190 (-0.01%). The chart shows a recent downtrend with a potential resistance level near the current price.
Sell Entry: Enter a sell position at 3,323.400 (near the current price and entry level marked), as it aligns with a resistance zone where the price has struggled to break higher.
Stop Loss: Place a stop loss at 3,357.864, above the recent high, to protect against an upward breakout. This level is approximately 34.464 points above the entry, defining the risk.
Take Profit Levels:
Take Profit: 3,286.372, a target about 37.028 points below the entry, aligning with a support zone and offering a 1:1 risk-reward ratio as indicated on the chart.
Price Action: The chart indicates a downtrend with a recent bounce that may be exhausting near the current level. The horizontal dashed line suggests a resistance area, supporting a sell setup.
Risk-Reward Ratio: The distance to the stop loss (34.464 points) compared to the take profit (37.028 points) provides a balanced 1:1 risk-reward ratio, making this a reasonable short-term trade.
Conclusion
Enter a sell at 3,323.400, with a stop loss at 3,357.864 and a take profit at 3,286.372. Monitor the price action for confirmation of a continued downtrend, and be cautious of potential reversals if the price breaks above the stop loss level.
Bearish Continuation Pattern Detected on GOLD/USD Bearish Continuation Pattern Detected on GOLD/USD 📉
📊 Chart Analysis Summary:
The GOLD/USD chart shows a clear bearish continuation pattern, following a rejection from a major resistance zone.
🔍 Key Technical Highlights:
🔺 Resistance Zone:
Strong resistance at 3,420 – 3,440 USD, marked by multiple rejections (🔴 red arrows).
Price formed a Bearish Harmonic Pattern (likely a Gartley or Bat), suggesting reversal from this resistance.
🔻 Bearish Momentum:
After the pattern completed, price broke below the minor support structure and is currently forming lower highs and lower lows, indicating bearish structure.
📉 Support Level:
Strong horizontal support zone around 3,298 – 3,300 USD, marked as “TARGET.”
This area was previously tested (🟠 orange circles) and now projected to act as a target level again.
🔄 Minor Retracement Zone:
Expecting a minor pullback to 3,347 USD (purple line) before potential continuation downward.
This zone aligns with the previous support turned resistance (classic SR flip).
🎯 Target Projection:
Based on the bearish impulse and measured move, the projected target is around 3,298.758 USD, which coincides with the previous support zone.
📌 Conclusion:
The price action suggests a high-probability bearish continuation, targeting the 3,298 USD zone unless the price breaks and holds above 3,347 USD. Traders may consider selling on rallies with a confirmation of rejection at resistance.
📉 Bias: Bearish
📍 Invalidation: Break and daily close above 3,347 USD
Analysis of Gold Spot / U.S. Dollar (15-Minute Chart)The provided chart for Gold Spot / U.S. Dollar (XAU/USD) on a 15-minute timeframe, published by NaviPips on TradingView.com on June 24, 2025, at 09:19 UTC, outlines a trading setup with the following insights:
Current Price and Trend: The current price is 3,353.510, with a slight decline of -0.425 (-0.01%). The chart shows a recent peak followed by a downward correction, suggesting a potential short-term bearish move.
Entry Level: The entry point is set at 3,358.290, slightly above the current price, indicating a buy opportunity if the price stabilizes or retraces to this level. This aligns with a support zone near the recent low.
Stop Loss: A stop loss is placed at 3,370.362, above the recent high, offering protection against an upward breakout. This level is approximately 12.072 points above the entry, defining the risk.
Take Profit Levels:
Take Profit 1: 3,344.209, a conservative target about 14.081 points below the entry, aligning with a support level.
Take Profit 2: 3,335.002, a deeper target indicating further downside momentum.
Take Profit 3: 3,332.879, the furthest target, suggesting a significant short-term decline if the trend continues.
Price Action: The chart reflects a recent consolidation phase after a peak, with a clear downward move initiating. The setup anticipates continued bearish momentum from the entry level.
Risk-Reward Ratio: The distance to the stop loss (12.072 points) compared to the targets (14.081 to 25.411 points) offers a favorable risk-reward ratio, making this a potentially viable short-term trade.
Conclusion
This setup targets a bearish move from the entry level of 3,358.290 , with defined take-profit levels and a stop loss to manage risk. Traders should watch for confirmation at the entry level and be prepared for potential reversals given the short timeframe and minor price change.
Analysis of Gold Spot / U.S. Dollar (4-Hour Chart)
The provided chart for Gold Spot / U.S. Dollar (XAU/USD) on a 4-hour timeframe, published by NaviPips on TradingView.com on June 23, 2025, at 21:50 UTC, offers a technical trading setup with the following key observations:
Current Price and Trend: The price is currently at 3,390.980, showing a slight decline of -0.495 (-0.91%) as per the latest data. The chart indicates a recent downward movement following a peak, suggesting a potential reversal or correction phase.
Entry Level: The suggested entry point is set at 3,391.103, slightly above the current price, indicating a buy opportunity if the price breaks or retests this level. This aligns with the recent price action near the resistance zone.
Stop Loss: A stop loss is placed at 3,440.000, providing a buffer above the recent high to protect against an upward breakout or false signal. This level is approximately 48.897 points above the entry, representing the maximum risk.
Target Levels:
Target 1: 3,360.000, a conservative first target approximately 31.103 points below the entry, aligning with a support zone.
Target 2: 3,298.316, a deeper target indicating a potential continuation of the downward trend.
Target 3: 3,250.000, the furthest target, suggesting a significant move if the momentum sustains.
Price Action and Pattern: The chart highlights a potential descending pattern (labeled 1 to 5), with a notable drop from a peak (2) to a lower level (3), followed by a retest (4) and a projected decline to (5). This could indicate a bearish continuation or a corrective wave.
Risk-Reward Ratio: The distance to the stop loss (48.897 points) compared to the targets (e.g., 31.103 to 141.103 points) suggests a favorable risk-reward ratio, especially for Target 3, making this a potentially attractive trade setup.
Conclusion
This setup anticipates a bearish move from the entry level of 3,391.103, with defined targets and a stop loss to manage risk. Traders should monitor the price action around the entry level for confirmation and be cautious of any unexpected bullish reversal given the recent volatility.
Analysis of Gold Spot / U.S. Dollar (XAU/USD) 15-Minute Chart
Historical Trend: The chart displays the price movement of Gold Spot / U.S. Dollar (XAU/USD) on a 15-minute timeframe from June 21 to June 24, 2025. The price followed a downtrend, defined by a descending trendline, after peaking around $3,367.574, with a recent decline toward $3,367.255 as of 16:04 UTC on June 23.
Key Levels:
Stock Loss: Set at $3,360.820 (red line), indicating the upper limit to exit a short position if the price reverses upward.
Entry: Positioned at $3,367.574 (gray line), marking the entry point for a potential short trade near the trendline.
Target 1: $3,375.557 (green line), the first profit-taking level above the entry.
Target 2: $3,388.090 (green line), the second profit-taking level for a larger gain.
Support: The $3,390.915 level (green line) acts as a potential support zone if the downtrend continues.
Recent Price Action: The price approached the downtrend line and showed a rejection, forming a potential shorting opportunity (highlighted with a yellow circle). The price is currently testing the $3,367.255 level, suggesting continued bearish momentum after breaking below the entry zone.
Projected Movement: The downward projection suggests the price could decline toward the $3,360.820 stop loss level if the bearish trend persists. A break below this could lead to further drops, while a bounce might target the $3,375.557 or $3,388.090 resistance levels.
Volume and Indicators: The chart includes Bollinger Bands (O3,367.260 H3,367.810 L3,366.747 C3,367.255) with a -0.040 (-0.00%) change, indicating low volatility. The trendline break suggests selling pressure, though specific volume data is not detailed.
Outlook: The chart outlines a shorting strategy with a clear entry and stop loss. The price is in a bearish phase, with potential targets at $3,375.557 and $3,388.090 if the downtrend continues. Monitor for a break above $3,360.820 to reassess the trade, as it would signal a bullish reversal.
GOLD/USD Falling Wedge Breakout PotentialChart Analysis:
The chart illustrates a Falling Wedge Pattern, a bullish reversal setup typically signaling a breakout to the upside.
📌 Key Observations:
📉 Downward Channel: Price has been compressing within a falling wedge (highlighted in blue), indicating potential exhaustion of sellers.
💪 Support Zone: Strong support observed near the 3,340 level, with price rejecting this zone multiple times (highlighted with orange circles).
🔼 Bullish Signals: Price recently tested the lower wedge boundary and bounced, suggesting potential reversal.
🎯 Breakout Target: Projected target after breakout is around 3,453.453 USD, aligned with previous resistance zone.
🟢 Buy Pressure Arrows: Green arrows signal previous bullish reactions from similar demand zones.
📈 Conclusion:
If price breaks above the wedge’s upper boundary with volume confirmation, a bullish rally toward 3,453 is expected. Keep an eye on breakout retest for entry validation.
✅ Trading Plan Suggestion:
Entry: On breakout above wedge resistance
SL: Below recent swing low (~3,330)
TP: 3,453 zone 🎯
🔔 Note: Wait for a confirmed breakout before entering to avoid false signals.
GOLD/USD Support Retest & Breakdown SetupGOLD/USD Support Retest & Breakdown Setup 📉🔍
🔹 Overview:
The chart indicates a potential bearish continuation pattern on GOLD/USD as the price is approaching a key support level at 3,335.305. Previous price action shows multiple rejections from the resistance zone (~3,435), followed by lower highs – a sign of weakening bullish momentum.
📊 Technical Analysis:
🔺 Resistance Zone (~3,435)
Multiple rejections (🔴 red arrows) indicate strong supply pressure.
Price has failed to break above this area thrice, forming a clear ceiling.
🔻 Support Zone (~3,335)
Marked as the target for a short setup.
Price is testing this level again after forming a minor consolidation below lower highs.
A clean break below this purple zone may trigger a continuation to the downside, targeting the broader support range below (~3,240).
🟠 Bearish Structure:
Series of lower highs (highlighted with circles).
Breakdown pattern is developing with declining bullish momentum.
📈 Potential Play:
A confirmed breakdown below 3,335 could lead to a drop toward the next major support.
If support holds, short-term bounce is possible but limited by the dominant resistance.
📌 Conclusion:
GOLD/USD is currently in a bearish setup, with the market eyeing a potential breakdown below a critical support zone. If this level fails to hold, we could see accelerated bearish momentum toward the lower support range.
💡 Caution: Wait for a confirmed close below support before entering any short trades.
GOLD/USD – Bullish Reversal Pattern ForminGOLD/USD – Bullish Reversal Pattern Forming 🟢📈
📊 Chart Analysis:
The chart shows a strong Inverse Head and Shoulders pattern forming, which is a classic bullish reversal signal:
🔹 Left Shoulder and Right Shoulder – Marked with orange circles, both found support near the 3,263 level (purple line), suggesting strong buying interest at this zone.
🔹 Head – The lowest point in between the shoulders, also bouncing from support.
🔹 Resistance Zone – Marked with red arrows around 3,500–3,520. This zone has rejected price action multiple times in the past.
🔹 Support Zone – Marked below 3,200, where previous consolidation and buying took place.
📈 Projected Move:
The neckline breakout suggests a potential move toward the 3,520+ level. A minor pullback is expected before continuation. If price breaks above resistance, we could see a strong bullish rally.
📌 Key Levels:
Support: 3,263 🟩
Resistance: 3,500–3,520 🟥
Potential Target After Breakout: 3,550+ 🎯
✅ Bias: Bullish above 3,263 support
⚠️ Invalidation: A break below the neckline would cancel the bullish setup
GOLD SPOT (XAU/USD) 4H Analysis – Bullish Momentum Breakout🔔 GOLD SPOT (XAU/USD) 4H Analysis – Bullish Momentum Breakout 💥📈
📊 Overview:
Gold has confirmed a strong bullish breakout from the consolidation zone, driven by sustained support and recent upward pressure. After rebounding from the MAIN SUPPORT zone around $3,200, price action has surged and successfully touched the 1st Take Profit (TP1) zone at $3,429.
🔍 Key Levels:
🟩 Main Support: $3,200 zone — held firm and acted as a launchpad for the bullish reversal.
📌 1st TP (Touched): $3,429 — resistance level has been tested and price is currently hovering near it.
🎯 Next Target (TP2): $3,504 — price is expected to approach this zone as bullish momentum continues.
📈 Technical Outlook:
Price structure shows a clear higher low formation followed by a strong impulse breakout.
Current momentum suggests bulls are in control, with volume and volatility increasing on the upward leg.
As long as the price remains above the $3,366 short-term support, the bias remains bullish.
🛑 Risk Note:
Watch for possible rejection near TP2.
A failure to hold above $3,366 may trigger a pullback to retest lower zones.
✅ Conclusion:
The bullish continuation scenario remains valid with potential to hit the $3,504 mark. Traders may look for long opportunities on pullbacks while maintaining tight risk management. 🔐📊
GOLD/USD Bullish Breakout Confirmation GOLD/USD Bullish Breakout Confirmation 🚀📈
📊 Technical Analysis Overview:
The chart illustrates a bullish breakout above a well-defined resistance zone around $3,390–$3,400. Price action has decisively closed above this resistance, suggesting strong bullish momentum.
🔍 Key Observations:
🟦 Support Zone:
Marked clearly between $3,250–$3,280, this level has held firm multiple times (highlighted with green arrows and orange circles), confirming buyer interest and market structure.
🟦 Resistance Turned Support:
The previous resistance zone around $3,390–$3,400 has now potentially turned into a new support. Price retesting this zone and holding would further validate the breakout.
📈 Future Projections:
The chart anticipates a retest-pullback-continuation scenario:
Pullback to new support 📉
Bullish continuation toward $3,460+ 🎯 if support holds.
✅ Bias:
Bullish as long as price remains above the $3,390 zone. Break and hold below would invalidate the bullish setup.
📌 Strategy Tip:
Look for confirmation on the lower timeframes (e.g., bullish engulfing or pin bar) on the retest before entering long.
GOLD PRICE ACTION ANALYSIS – June 11, 2025 GOLD PRICE ACTION ANALYSIS – June 11, 2025 🟡
Technical Breakdown & Bearish Scenario Ahead ⚠️📉
🔍 Overview:
The chart presents a clear range-bound structure with strong horizontal resistance around the $3,400–$3,420 zone and support around the $3,120–$3,160 level. Price is currently trading near the upper range of the consolidation.
📊 Key Technical Levels:
🔴 Resistance Zone: $3,400 – $3,420
➤ Price has been rejected here multiple times (highlighted by red arrows and orange circles), showing strong supply pressure.
🟣 Intermediate Support: $3,260.618
➤ This level acted as a minor support and could be tested again if the current pullback deepens.
🟤 Major Support Zone: $3,120 – $3,160
➤ A key demand area where price previously bounced significantly.
📉 Bearish Setup:
A potential lower high is forming just below the resistance zone.
The projected path suggests a minor pullback to form a bearish retest, followed by a potential breakdown below $3,260.
If the $3,260 support is broken decisively, further downside toward the $3,120–$3,160 support is likely (blue arrow projection).
🔄 Bullish Scenario (Invalidation):
A breakout and strong close above $3,420 could invalidate the bearish structure.
In that case, price might attempt to target higher resistance levels beyond $3,440.
📌 Conclusion:
Gold remains in a range with a bearish bias unless the $3,420 resistance is breached.
🔽 Watch for confirmation below $3,260 for bearish continuation.
✅ For bulls, wait for a strong breakout above resistance with volume.
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
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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)
Gold (XAU/USD) Next Possible Move?
🔍 4-Hour Chart Analysis:
Trend: The price was in an uptrend, but a potential reversal has formed.
✅Key Bearish Signal: The presence of an Evening Star candlestick pattern at resistance (~$3,038) signals a potential trend reversal.
✅ Moving Averages:
✅ 50 EMA (Exponential Moving Average): The price is testing this level as support.
✅ 200 EMA : Positioned lower, suggesting that the long-term trend is still bullish, but short-term weakness is visible.
📉 Support Levels:
✅$3,005 (Minor Support)
✅$2,981 (Stronger Support)
📉 Resistance Levels:
✅$3,038 (Key Resistance)
🔹 Summary:
The formation of an Evening Star at resistance suggests a potential downtrend unless the price strongly holds above the 50 EMA. A breakdown of $3,005 could accelerate selling toward $2,981.
🔍 1-Hour Chart Analysis:
📊Key Observations:
Trendline Resistance : A descending trendline is pushing prices lower.
50 EMA Resistance : Price is failing to break above the 50 EMA, confirming selling pressure.
🚨 200 EMA Support : Price is holding above the 200 EMA, acting as a dynamic support.
🚨 Point of Interest (POI) Zone : The blue-shaded area is a key demand zone, where buying pressure might increase.
🚨 Fair Value Gap (FVG) Below: There’s an imbalance below $2,981, which price may fill before rebounding.
🔹 Summary :
If the 200 EMA support at $3,002 fails, a move toward the FVG zone near $2,981 is likely. A break above the trendline resistance and 50 EMA would signal a possible bullish reversal.
🔍 15-Minute Chart Analysis:
📊Key Observations:
📉 Bearish Crossover: The 50 EMA crossed below the 200 EMA, a bearish sign indicating selling pressure.
📉 Lower Highs Formation : Price is making lower highs, respecting the trendline resistance.
📉 Support Zone Holding : The blue POI level is still acting as a temporary support.
🔹 Summary:
The short-term momentum is bearish, as indicated by the EMA crossover and trendline rejection. However, if buyers step in at the POI level, a short-term bounce may occur. If support at $2,999-$3,002 breaks, expect further downside.
📌 Trading Plan & Key Levels to Watch
🟢 Bullish Scenario:
A break above the trendline and 50 EMA (~$3,020) could lead to a push toward $3,038.
A strong bounce from $2,981 (support level) could provide buying opportunities.
📍 Bearish Scenario:
A break below $3,002 (200 EMA support) may trigger a move toward $2,981.
If $2,981 breaks, the price could target the FVG area ($2,955 - $2,930).
📉 Conclusion
Short-Term Trend: Bearish unless the price reclaims $3,020+.
Key Support: $3,002, $2,981
Key Resistance: $3,020, $3,038
Strategy: Watch for a breakout above trendline for bullish confirmation or a break below $3,002 for bearish continuation.
👉 Always follow TP/SL to protect your capital and maximize profits!
Stay tuned for updates once the confirmations are in place!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
📢 Best Regards , Silver Wolf Traders Community
Disclaimer: This is for educational purposes only.
Always trade responsibly and manage your risk effectively
XAU/USD PLAN VIEW – PREPARE FOR THE FOMC STORM!📊 This week, all eyes are on the FOMC meeting on March 19, where the Fed will announce its interest rate decision and economic outlook. Gold remains bullish but is now approaching key resistance zones, which could lead to a short-term correction before determining its next direction.
⚠ Important Note: The following PLAN VIEW applies before the FOMC meeting. Once we approach the event, traders should consider closing positions to protect their accounts, as extreme volatility is expected when the news is released.
🔥 Fundamental Analysis – What’s at Stake in This FOMC?
📌 1️⃣ Fed Expected to Hold Rates at 4.25% - 4.5% but…
The Dot Plot & Summary of Economic Projections (SEP) will guide the market’s expectations.
If the Fed maintains a hawkish stance, the USD may strengthen, pressuring gold.
If the Fed signals a dovish shift, the USD could weaken, pushing gold higher.
📌 2️⃣ Central Banks Are Still Buying Gold
China, Russia, Poland, and India continue stockpiling gold, reducing dependence on the USD.
This ongoing trend supports gold’s long-term bullish momentum, despite possible short-term pullbacks.
Technical Analysis – XAU/USD Key Levels
🔹 Primary Trend: Bullish, but facing strong resistance.
🔹 Price Channel: Gold remains within an uptrend, though a short-term pullback is possible.
📌 Key Levels to Watch:
📍 Resistance:
3,055 - 3,071 – If gold faces rejection here, a correction could follow.
📍 Support:
3,021 - 3,009 – A key area to watch if a pullback occurs.
2,986 - 2,948 (FVG Zone H1) – Deeper liquidity levels if selling pressure increases.
🎯 PLAN VIEW – BEFORE FOMC
BUY ZONE: 3010 - 3008
SL: 3004
TP: 3015 - 3020 - 3024 - 3028 - 3032
ELL ZONE: 3054 - 3056
SL: 3060
TP: 3050 - 3046 - 3042 - 3038 - 3030
⚠ Key Warning:
As we approach FOMC, consider closing all positions to avoid unnecessary risks, as the market reaction can be highly unpredictable.
🔥 A storm is coming with the FOMC – trade smart and protect your capital! 🚀
Gold - Sell !!!!Gold is trying to cross the resistance line and its too much of bullishness could be easy bull trap. Technically Fib levels are indicating possibility of a correction now. Entering after a correction is safer now. This could be off man out opinion. But as per chart its resistance area now.
Gold (XAU/USD) 30-Minute Analysis Bearish Breakdown Towards Gold (XAU/USD) 30-Minute Analysis – Bearish Setup📉
Key Observations:
1.Rising Wedge Breakdown:
- The price has been moving within an ascending channel(EA TRADE LINE).
- A potential breakdown is forming as the price approaches resistance.
EMA Levels:
-30 EMA (Red, 2,986.22: The price is hovering near this level, showing potential weakness.
-200 EMA (Blue, 2,950.00) This is the first major support level in case of a decline.
3. Bearish Projection:
- A break below current leve could trigger a sharp drop.
- The **target zone is around 2,902.73 – 2,902.41, aligning with prior support.
4. Risk Management:
Stop-loss (Red Zone): Placed above 2,990.86 to protect against invalidation.
Take-Profit (Green Zone):Set near 2,902, offering a strong risk-to-reward ratio
Conclusion:
-Bearish Bias: A drop seems likely if the price fails to reclaim higher levels.
Confirmation Needed A clean break of 2,980 could accelerate the move.
-Risk Facto If price reclaims 2,990+, the bearish setup might be invalid.
GOLD VIEW 3H READ THE CAPTAINHello 👋 gold traders
3-hour timeframe of Gold Spot (XAU/USD) with technical analysis levels and moving averages. Here’s a breakdown of the key points:
Key Observations:
1. Support & Resistance Levels:
Support Level: Around 2,909.870 - 2,902.340 (marked as the buying zone).
Resistance Level: 2,930.173.
Target Point: 2,960.607.
2. Exponential Moving Averages (EMAs):
30 EMA (Red Line): 2,909.870 (Short-term trend).
200 EMA (Blue Line): 2,884.578 (Long-term trend, acting as strong support).
3. Price Action:
The price is currently in a consolidation phase around the resistance zone.
If the price breaks above 2,930, we might see a bullish move toward the target at 2,960.
If the price fails to break resistance, a pullback to the buying zone (support level at 2,909-2,902) is possible.
Trading Strategy Ideas:
Bullish Scenario (Breakout Above 2,930): Look for long positions targeting 2,960.
Bearish Scenario (Rejection at Resistance): A retest of the buying zone (2,909 - 2,902) before another push higher.