CFDs on Gold (US$ / OZ) forum
XAUUSD Gold Analysis and Trading Strategy | October 10✅ Key Support & Resistance
Support: Focus on the 10-day moving average (around 3920), which will be an important reference to determine whether gold can stabilize in the short term.
Resistance: The main pressure is concentrated in the 3995–4000 zone; if the price fails to hold above this level, the trend remains weak.
If the 3930 support fails, the rising channel will be broken, and the market may enter a further accelerated decline, with the next target near 3890.
✅ Trend Outlook
The short-term trend remains weak. If gold rebounds but fails to break above 4000, bearish strategies should remain the priority.
If the price regains a firm foothold above 4000, caution is needed for a possible shift back to bullish momentum.
📌 Trading Strategy Reference
Short Setup:
🔻 Enter short positions in batches around 3995–4000, targeting 3970–3930.
🔻 If 3930 is broken, add to shorts with targets at 3890.
Long Setup:
🔺 Enter long positions in batches around 3890–3895, targeting 3910–3920.
🔺 If 3930 is broken to the upside, longs can continue aiming higher.
tradingview.com/x/HsuV6pOc/
GOLD 3880-3900 onlysee u all tonight
GOLD looks like 3945 will act as a support zone.XAUUSD I think one more down side correction is still pending..but first gold need to tap upside 1 hr level...
XAUUSD the party is over guys we might see it breaking the base of 3200-3300 soon !!
XAUUSD Good morning guys !! Gold closed under 4k yesterday and that kind of signals a top for now at 4040-50 With a strong breakdown . Today it might just consolidate a bit, once closes below 3980 we can see more downside coming in. For day trade , I’d suggest shorting any spikes and then look to pick up longs only at lower levels. Will brief later. Trade safe.
XAUUSD GOLD Gold plunged sharply yesterday in the New York market, breaking through the 4000 level and hitting a low of 3945. The daily chart saw a sharp decline, retracing to support levels at the MA5/MA7 daily moving averages, ending a multi-day strong upward trend. Technically, a wide range of fluctuations is expected today. A double top pattern formed at 4057/4059 on the hourly chart, while the four-hour moving averages formed a death cross near 4040, opening downwards. For Friday trading, wait for a rebound to resistance to sell, then consider buying at lower levels.The four-hour gold chart currently shows a double top pattern forming, with the 4000 level acting as the neckline. This has now broken, consistent with our expectation of a short-term downward correction. With a break below 4000, the double top is established, and the next downside target is around 3930. If further breaks occur, focus on 3900. As for whether the rally has ended, it's still uncertain. We can only view this as a correction within a period of strong growth. After all, given the broader trend, conditions for a major decline are not currently in place. Future bulls and bears will focus on the battle for 3900. A break below 3900 could signal the end of the bullish trend.
Key Points:
First Support: 3970, Second Support: 3952, Third Support: 3933
First Resistance: 4000, Second Resistance: 4016, Third Resistance: 4040
Trading Strategy:
Buy: 3940-3943, SL: 3932, TP: 3960-3970
Sell: 3997-4000, SL: 4008, TP: 3980-3970
XAUUSD gaza war end....permanent ceasefire reached...war premium gone...gold crash...trump noble peace.GOLD 3870-3880 we will get by tomorrow lets see where it closes many level down are left
also for 3820 support guys dong worry will say bye bye 3820 next week