Goldtrends — Trading Ideas on TradingView

GOLD 11/07 – BULLISH STRUCTURE INTACT, FOCUS ON 3318 & 3340 ZONE 📰 Fundamental Overview The SPDR Gold Trust, the world’s largest gold ETF, has added 1.44 tons to its holdings, now totaling 948.81 tons – indicating growing demand from institutional investors. Expectations are increasing for a rate cut by the Federal Reserve in September, though current market pricing is not fully reflecting this. In the backdrop of global uncertainties and cautious risk sentiment, gold continues to serve as a preferred safe-haven asset. 📉 Technical Outlook Gold has clearly broken above the descending trendline, confirming bullish momentum and rejecting any significant pullbacks during the Asian session. We saw a fake-out near 3284–3286, followed by a strong bullish breakout (BOS) and CHoCH confirmation on lower timeframes. Current movement aligns well with Wyckoff accumulation, suggesting Wave (5) may be near completion on the M15–H1 chart. Key liquidity zones are developing around psychological levels like 3318–3319 and 3334–3340, where short-term corrections could occur before the next leg up. 🔍 Key Price Levels Zone Type Price Range Remarks 🟢 Buy Zone 3315 – 3318 Optimal Buy Limit – Confluence with SSL Zone 🛑 Stop Loss Below 3315.5 For risk-managed entries 🔵 Resistance 3334 – 3340 Possible pullback/reaction zone 🔴 Sell Zone 3348 – 3350 Intraday scalp sell with SL at 3354 🟠 Institutional 3362 – 3364 Major resistance – Weekly High 📊 Trading Plans ✅ BUY Opportunity (High Probability) Entry: 3315 – 3318 Stop Loss: 3310 – 3315 (based on risk tolerance) Target 1: 3320 Target 2: 3334 Target 3: 3348 – 3350 (partial exit or scaling out) 🔻 SCALP SELL Opportunity Sell Zone: 3348 – 3350 Stop Loss: 3354 Target: 3344 – 3334 (short pullback expected) 📉 SWING SELL Opportunity Sell Zone: 3362 – 3364 (Major Level) Stop Loss: 3368 Target: 3340 initially, trail further if trend reverses 🧠 Trader's Insight As long as price stays above 3315, the bullish outlook remains valid. Watch how price reacts near 3334 and 3340 – these levels may offer ideal re-entry opportunities after minor pullbacks. Don’t rush into trades; let the market come to your zones.

Gold Market Outlook: Testing Key Liquidity Zones Gold Faces Liquidity Pressure at 3300 – Will It Hold or Could a Deeper Pullback Follow? Gold has recently been facing significant resistance after rejecting key levels, and the market now enters a pivotal phase where liquidity zones play a crucial role in determining the next move. As global trade discussions unfold and fresh economic data comes in, traders are closely monitoring whether gold will sustain its bullish trend or face a deeper pullback in the near term. 🔹 Market Overview – USD Strengthens Amid Positive Trade Sentiment The US dollar has witnessed a sharp rebound, bolstered by positive trade agreements between major global economies, including the US. As a result, the USD is gaining short-term support, which is exerting downward pressure on gold. Traders are rotating into risk-on assets, strengthening the greenback and leading to weaker demand for gold. Additionally, lower-than-expected US inflation data suggests the Federal Reserve may hold off on raising interest rates, which further supports the dollar. 🔹 Geopolitical Tensions Ease Geopolitical tensions have slightly cooled off, reducing demand for safe-haven assets like gold. This has allowed the market to stabilise, but it is essential to stay alert for any potential developments that might spur renewed interest in gold as a protective investment. 🔹 Technical Analysis – Gold Consolidating Within a Range Looking at the H1 chart, gold is moving within a defined downward channel between 3360 and 3290, which is acting as both resistance and support. Should gold remain within this range, it could face a further pullback toward the 3250 liquidity zone. The market is testing these key liquidity areas, and how it reacts will be critical in shaping the near-term trend. 🔹 Strategic View – Breakout or Continuation? Given the current structure, the market is likely to test key liquidity levels around 3320-3325. If gold can hold above this zone, we may see some buying pressure that could trigger a rebound. However, it’s essential to stay cautious as false breakouts can occur, especially when the market is moving rapidly without confirmation from higher timeframes. 🔹 Trading Strategy: BUY ZONE: 3346 – 3344 | Stop Loss: 3340 | Take Profit: 3350 – 3361 – 3372 – OPEN SCALPING SELL ZONE: 3305 – 3307 | Stop Loss: 3310 | Take Profit: 3300 – 3295 – 3287 – OPEN LIMIT SELL ZONE: 3334 – 3336 | Stop Loss: 3340 | Take Profit: 3327 – 3310 – 3300 As always, patience is critical. Wait for clear confirmation signals before entering trades, particularly in these key liquidity zones. False breakouts are common in volatile markets, so a disciplined risk management approach is essential. 🔹 Conclusion The gold market is at a crucial juncture. While there is potential for upward movement if buying pressure builds, the risk of further correction remains, particularly if liquidity shifts. Keep a close watch on price movements around the 3300 level, and be ready to adjust your strategy based on the unfolding market dynamics.

GOLD 07/04 - Waiting Game as Markets Stay Flat on US Holiday Will Liquidity Gaps Create Golden Entry Points? Gold is holding steady after a week full of heavy macroeconomic news — from the passing of Trump’s Super Bill to strong US Non-Farm Payrolls. But instead of making a clear move, price action has gone quiet... and with US markets closed for Independence Day, traders must now deal with low liquidity and fake breakouts. 🔍 What’s Driving the Market? Trump’s Super Bill: Could increase the US fiscal deficit long-term → Weak USD → Bullish Gold NFP + Unemployment Rate: Stronger-than-expected → Fed may delay rate cuts → Bearish short-term for Gold US Bank Holiday: Lower liquidity → Range-bound moves → Risk of stop hunts and false signals 🧠 Key Insight: No breakout yet doesn’t mean bulls are gone. This might be accumulation before the next leg up... 📉 SMC Technical View – Price Action Shows Accumulation Signs On H1 timeframe, Gold shows a clear CHoCH (Change of Character) and is hovering near a reclaimed demand zone. Two main scenarios: SELL Setup: Rejection near previous day high (PDH) and Fair Value Gap (FVG) BUY Setup: Retracement down to key liquidity zones (SSL) → Potential for powerful upside move 🎯 Important Price Levels for Today 🔼 Resistance Zones 3366 – 3368 → Scalp SELL opportunity 3388 – 3390 → Swing SELL zone 3362 – 3374 – 3394 → High liquidity sweep area 🔽 Support Zones 3312 – 3310 → Scalp BUY zone 3302 – 3300 → Main BUY zone 3298 – 3295 → Below this = invalidation of long bias ✅ Trade Plan – Stay Patient, Follow the Zones 🟢 BUY Setups (Follow the Main Trend) Scalp BUY: Entry: 3312 – 3310 SL: 3307 TP: 3316 – 3325 – 3335 – 3345 – 3360 Swing BUY: Entry: 3302 – 3300 SL: 3298 TP: 3310 – 3320 – 3340 – 3360 – 3388 🧭 Note: These levels align with liquidity zones + FVG retests = Strong bullish case above 3298 🔴 SELL Setups (Only if Price Rejects at Resistance) Scalp SELL: Entry: 3366 – 3368 SL: 3371 TP: 3358 – 3348 – 3338 High SELL Zone: Entry: 3388 – 3390 SL: 3394 TP: 3382 – 3375 – 3360 ❗️Don’t go against trend without confirmation from M5–M15 🔮 Bias for Today’s Trading Session Primary Bias: BUY dips into 3300–3310 Alternate Bias: SELL only on strong rejection from 3366–3390 💬 Indian Traders – What’s Your Take? Is the market setting a trap before heading above 3400? Or is this just a stop-hunt before a bigger drop?