XAUUSD Good day ! Gold is moving exactly how a high-beta macro asset behaves when rate-cut expectations jump wild, sharp, and unforgiving. With the probability pushing back to 80%, buyers didn’t hesitate to push price above 4100 late night and secure a clean close. The stronger move came from the miners a 6% move in a Day session doesn’t happen unless positioning is getting loaded with larger bets . That tells us that market is already trying to pre-price a bigger shift ahead.
For day traders, I’ll suggest dip-buying side, but this isn’t the kind of environment where you enter blindly. PPI and retail sales can flip sentiment within minutes, so expect fast moves in both directions before the market breakouts from this whole range . These data points usually decide whether momentum expands or fades intraday, so treat them with respect.
On the upside, 4180 -4200 remains the real decider. If price reaches there with strength, that level will tell whether we’re gearing up for another breakout leg or just stretching into resistance before cooling off. Until then, it’s a volatility-heavy tape … Trade safe ..
XAUUSD The market is fully aligned with a dominant uptrend today. Strong bullish waves usually require pauses, so entering on pullbacks at support zones offers far better positioning than chasing high prices.
XAUUSDGOLD Gold maintained its bullish structure, closing significantly higher on the daily chart. The New York closing price once again rose above the 10-day moving average (MA10) at 4105, with the 5-day and 7-day moving averages forming a golden cross and trending upwards. The RSI indicator is above the midline. On the shorter-term 4-hour and hourly charts, the Bollinger Bands are widening upwards, with the price maintaining its position in the upper half of the bands, and the moving average system showing an upward crossover. The trading strategy for gold remains unchanged from yesterday: prioritize buying on pullbacks to support levels, and only consider selling at higher levels.
At the Asian open today, gold experienced a rebound, reaching a high of 4144 before retracing. Currently, gold is still in a consolidating upward trend, and our overall bullish outlook remains unchanged. Gold is still developing within a narrowing triangle pattern on the daily chart, with the key level around $4150. A break above this level would open up further upside potential.
Key Levels:
First Support: 4108, Second Support: 4092, Third Support: 4074
First Resistance: 4150, Second Resistance: 4167, Third Resistance: 4183
XAUUSDtradingview.com/x/9I3Uow9z/Gold is advancing in a market environment shaped by liquidity traps and strategic absorption. The playbook favors bulls with eyes on impulsive rallies and engineered stop-hunts. Anticipate false moves, confirm momentum with volume and candle closes, and be ready for breakout or reversal, depending on real-time price behavior.
XAUUSD Good day ! Gold is moving exactly how a high-beta macro asset behaves when rate-cut expectations jump wild, sharp, and unforgiving. With the probability pushing back to 80%, buyers didn’t hesitate to push price above 4100 late night and secure a clean close. The stronger move came from the miners a 6% move in a Day session doesn’t happen unless positioning is getting loaded with larger bets . That tells us that market is already trying to pre-price a bigger shift ahead.
