XAU/USD: Bearish Bias Ahead of Fed SpeechesHello everyone,
Today the market awaits speeches from Collins, Powell, Hammack, and even the U.S. President. With such anticipation, risk appetite remains cautious and the USD is seeing mild support. In this context, I lean towards a bearish scenario for gold on the daily chart: price is stuck below the dense resistance cluster around 3340–3355 (supply FVG + Ichimoku cloud/volume area), where repeated attempts to push higher have failed.
The sideways–to–downward structure, marked by lower highs since early this month, combined with the latest candle closing under the red FVG zone, signals fading buying momentum. Unless we hear clear dovish tones from the Fed, the 3340–3355 supply zone is likely to continue capping price. My preferred scenario is a pullback to 3315–3305, with an extension to 3295–3285 if USD strength persists. This outlook will be invalidated if we see a daily close above 3350, in which case a move back toward 3370 becomes possible.
GOLDMINICFD trade ideas
Gold Plan 22/08 – Captain Vincent ( IN )Background
On the H1 timeframe , Gold continues to move sideways within the 3328 – 3350 range, sweeping liquidity again and again, making it difficult for retail traders to spot a clear trend.
Currently, Gold has absorbed almost all liquidity from the Nonfarm FVG .
Therefore, the next price action will largely depend on smart money moves and upcoming news catalysts .
Even though the overall trend is still unclear, we can still build trading setups around these key levels .
🪙 Key Levels
🔹 Storm Breaker 🌊 (Sell Zone 3368 – 3370)
SL: 3376
TP: 3365 → 3360 → 3355 → 3350 → 33xx
🔹 Golden Harbor 🏝️ (Buy Zone 3313 – 3315)
SL: 3305
TP: 3320 → 3325 → 3330 → 33xx
📌 Trading Outlook
On higher timeframes, sellers still hold the advantage .
However, Gold may need to test resistance zones again to confirm.
If price reaches Storm Breaker 🌊 → Watch for reaction and prepare to Sell.
If price drops to Golden Harbor 🏝️ → Strong support remains for short-term Buy opportunities.
⚓ Captain Vincent’s Note
"When the sharks sweep the waves, retail traders panic. But those holding the key level map will always know where the safe harbor lies."
Gold (XAU/USD) Intraday Buy Plan - ICT PerspectiveGold continues to respect bullish order flow on the higher timeframes, aligning well with the 4H bullish bias. Currently, price has created an Order Block (OB) at 3330.500, which provides the best intraday buy opportunity.
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🔑 Key ICT Concepts in Play
✅ Order Block Alignment – The buy zone at 3330.500 sits perfectly within a higher-timeframe 4H order block, adding confluence to the setup.
✅ Liquidity Pool Above 3340 – There is a cluster of equal highs / liquidity pool sitting above 3340. Price is highly likely to target and sweep that zone.
✅ Liquidity Sweep Model – Once the 3330.500 OB holds, we can expect market makers to push price into the liquidity resting above 3340, with potential extension to 3347+.
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📊 Trade Plan
📍 Buy Zone: 3330.500 (4H aligned Order Block)
⛔ Stop Loss: 3325.400 (below OB invalidation)
🎯 Target 1: 3340 (liquidity pool)
🎯 Target 2: 3347+ (extended liquidity sweep)
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⚡ Notes for Intraday Traders
Always wait for lower timeframe confirmation (5m or 1m CHoCH / BOS) at the OB for precision entry.
Protect capital → move stop to breakeven once first liquidity is taken at 3340.
This setup aligns with ICT’s Order Block + Liquidity Pool model, offering high RR potential.
👉 This is a textbook example of HTF bias + OB entry + liquidity sweep target, ideal for day traders using Smart Money Concepts.
Money and Mind in Trading1. Introduction
Trading is often viewed as a battle between the trader and the market. But in reality, the market is neutral—it doesn’t care about you, your opinions, or your predictions. The true battle is internal, between your money (how you manage your capital) and your mind (how you handle emotions and psychology).
Think about this:
A trader with a brilliant strategy but poor money management will eventually lose all capital.
A trader with enough money but a weak mindset will panic and make irrational moves.
Only when money management and psychological discipline align, can trading become consistently profitable.
Thus, the formula for success in trading can be summarized as:
Trading Success = Money Management × Mind Management × Strategy
2. The Role of Money in Trading
a) Importance of Capital
Money is the fuel of trading. Without adequate capital, even the best strategies can fail.
Undercapitalized traders often take excessive risks to make meaningful returns.
Well-capitalized traders can afford patience, better position sizing, and discipline.
For example, if you only have ₹10,000, risking ₹5,000 on a single trade feels tempting but dangerous. With ₹10 lakh, you can risk just 1% per trade and still earn consistently without emotional stress.
b) Risk Management
Risk management is about protecting capital first and focusing on profits second.
Golden rules:
Never risk more than 1-2% of capital per trade.
Always set a stop-loss before entering.
Diversify trades instead of going “all in.”
This ensures survival. Because in trading, survival = opportunity to win tomorrow.
c) Position Sizing
Position sizing determines how much to trade given your account size and risk tolerance.
Formula example:
If you have ₹1,00,000 capital and risk 1% per trade (₹1,000), and your stop-loss is ₹10 per share, you can buy 100 shares (₹1,000 ÷ ₹10).
This systematic approach removes emotional guessing.
d) Compounding and Capital Growth
The real wealth in trading comes from compounding small gains consistently.
A trader making 1% per week can grow capital by over 67% annually (with compounding).
Patience + consistency beats “get rich quick.”
e) Common Money Mistakes in Trading
Over-leverage (borrowing excessively to trade).
No risk/reward planning.
Chasing losses (“revenge trading”).
Putting all money in one stock/option.
Trading without capital backup (no emergency funds).
Money mistakes often lead to psychological pressure, which worsens decision-making.
3. The Role of Mind in Trading
If money is the fuel, then the mind is the driver. Even with perfect capital management, a weak mindset can wreck results.
a) Psychology of Decision-Making
Trading decisions are influenced by:
Fear – “What if I lose?”
Greed – “Let me hold longer for bigger profit.”
Hope – “Maybe it will recover.”
Regret – “I should’ve sold earlier.”
These emotions distort rational thinking.
b) Common Psychological Biases
Overconfidence Bias – After a few wins, traders feel invincible.
Loss Aversion – People hate losing ₹1 more than they enjoy gaining ₹1.
Confirmation Bias – Seeking news that supports your view while ignoring opposite evidence.
Gambler’s Fallacy – Believing a losing streak must end soon.
Recognizing these biases helps neutralize them.
c) Discipline Factor
Discipline = Following your trading plan no matter what.
Without discipline, traders exit winners too early and hold losers too long.
With discipline, traders follow stop-loss, stick to risk per trade, and wait for setups.
d) Patience vs Impulsiveness
Great trades don’t appear daily. Impulsive traders overtrade, while patient traders wait for high-probability setups.
As Jesse Livermore said: “It was never my thinking that made me money. It was always my sitting.”
e) Building Mental Resilience
Trading is stressful because of uncertainty. To build resilience:
Accept that losses are part of the game.
Detach ego from trades.
Focus on the process, not outcome.
Develop habits outside trading (exercise, meditation, journaling).
4. The Money-Mind Connection
Money and mind are deeply linked in trading:
Lack of money → stress, fear, over-leverage.
Too much greed for money → reckless decisions.
Emotional mind → bad money management.
Example: A trader with ₹20,000 risks ₹10,000 in a single option trade. Why? The mind says: “I need quick profits.” But when the trade goes against him, fear takes over and he exits at maximum loss. This is the money-mind trap.
Thus, the solution is balance:
Adequate capital.
Strict money management.
Calm psychology.
5. Practical Framework: Money + Mind Balance
Here’s a practical blueprint:
Step 1: Define Capital Rules (Money)
Risk per trade: 1% of account.
Risk per day: 3% max.
Keep emergency funds separate.
Step 2: Define Psychological Rules (Mind)
Accept losses without revenge trading.
No overtrading after big wins.
Stick to trading hours and avoid burnout.
Step 3: Journaling
Keep a trading journal tracking not just trades, but also your emotions. Example:
“Exited early due to fear.”
“Didn’t follow plan because of greed.”
This self-awareness improves both money and mind management.
6. Case Studies & Examples
Case 1: The Undisciplined Trader
Rahul starts with ₹50,000. He risks ₹20,000 on a single option trade. It fails. Capital halves. In desperation, he doubles down and loses everything.
Lesson: Poor money management + emotional revenge trading = wipeout.
Case 2: The Disciplined Trader
Meera starts with ₹1,00,000. She risks only 1% per trade. She loses 5 trades in a row, but her account is still ₹95,000. On the 6th trade, she wins 5R (₹5,000). Net balance: profit.
Lesson: Risk control and patience protect the trader until a winning streak comes.
7. Conclusion: The Balanced Trader’s Blueprint
Trading is not just charts, patterns, or strategies. It is a test of two inner resources:
Money – How you allocate, risk, and grow your capital.
Mind – How you manage emotions, discipline, and psychology.
Without money, you can’t trade. Without the right mind, you can’t trade successfully. Together, they form the foundation of long-term trading success.
The secret is not to chase quick riches, but to survive, grow steadily, and let compounding work. And survival comes only when your money rules protect your capital and your mind rules protect you from yourself.
In short: Master the money, master the mind, and the market will reward you.
XAUUSD – Gold getting ready for a big breakout!Gold is moving exactly as expected: consolidation – breakout – consolidation again. Right now, price is forming a tight triangle pattern, showing strong pressure for the next move.
👉 With both technical setup and global macro headlines creating indecision, the market is waiting for a clear breakout. Once it happens, we can expect a strong trend in either direction.
🔑 Key Levels
Resistance: 3337 – 3343 – 3350 – 3356 – 3365
Support: 3325 – 3320 – 3314
📌 Buy Plan
Buy Zone: 3316 – 3314
SL: 3309
TP: 3320 – 3325 – 3330 – 3335 – 3340 – 3345 – 3350 – 3360 – 3370
📌 Sell Plan
Scalp Sell: 3348 – 3350
SL: 3355
TP: 3344 – 3340 – 3335 – 3330
Sell Zone: 3365 – 3367
SL: 3372
TP: 3360 – 3355 – 3350 – 3345 – 3340
🎯 MMFLOW Note
The tighter the range, the stronger the breakout.
Always prepare for both bullish & bearish scenarios.
Wait for confirmation at the Key Levels before taking positions.
Elliott Wave Analysis – BTCUSD 22/8/2025
Momentum
• D1 timeframe: Momentum is currently in the oversold zone, with the downside range narrowing → suggesting the decline is slowing. This supports the potential for a short-term bullish rebound.
• H4 timeframe: Momentum is turning upward, but the current strength is not yet enough to confirm a sustainable uptrend. Key signal: if H4 momentum enters the overbought zone and price breaks above the previous high, it will confirm a more solid bullish trend.
• H1 timeframe: Momentum is turning down. Ideally, the pullback should not break below the 112k level. If this support holds, it would be the first signal of a possible bullish reversal.
Wave Structure
• D1 timeframe: Price has broken below the wave 4 low and is now reacting around this zone → confirming the risk of a longer-term corrective decline. However, D1 momentum still supports a short-term rebound in the form of wave B. This means we should avoid long-term Buy positions for now, and only treat upcoming upside moves as corrective rallies.
• H4 timeframe: Price remains within a 5-wave structure (1–2–3–4–5, red). This could either be wave A of an ABC correction or wave 1 of a larger corrective structure. Further observation is needed.
• H1 timeframe: A 5-wave structure (black) seems to be forming, with wave 5 potentially unfolding as an ending diagonal (triangle). Once this triangle completes, a sharp upward move is expected. Confirmation will come if price breaks above the 2–4 trendline. For now, watch for a break above 113.5k to trigger entry.
Trading Plan
• Stay patient and wait for a breakout above the 2–4 trendline on H1.
• If confirmed, consider entering Buy positions to ride the corrective rebound.
Gold ....Powell Speech to Break the Range?Gold held steady after yesterday’s pullback, but the 3350 zone continues to act as a strong resistance. Despite multiple bullish attempts, price has failed to break through this ceiling, keeping the upside capped. On the lower side, immediate support stands at the previous weekly low (3330), followed by the recent swing low near 3310. These levels are key for buyers to defend.
For now, price action has compressed further into a tight range, and there hasn’t been any major development since the last session. With Powell speech lined up today, the market is likely to stay cautious and range-bound until then. Once the event is out, we could see a clearer short-term direction, either a breakout above 3350 opening room for recovery, or a breakdown below 3310 tilting bias back in favor of sellers.
Gold Trading Strategy for 22nd august 2025🟡 GOLD — Breakout/Breakdown Plan (with $ levels)
🧭 Quick Signal Card
📈 BUY: above the high of a 1-hour candle that closes above $3,346
🎯 Targets: $3,355 → $3,367 → $3,378
📉 SELL: below the low of a 15-min candle that closes below $3,331
🎯 Targets: $3,320 → $3,305 → $3,290
📈 Long Setup (1H Breakout over $3,346)
Idea: Trade momentum after a confirmed 1-hour close above a key level.
✅ Confirmation
Wait for a 1-hour candle to CLOSE above $3,346.
Mark that candle’s high (this becomes your trigger).
🚀 Entry
Place a buy stop a small buffer above that high to avoid micro-whipsaws
(e.g., trigger = high + $0.50 to $1.00; adjust to your instrument’s tick size/spread).
🛑 Initial Stop-Loss (pick one)
Conservative: below the low of the breakout 1H candle.
Aggressive: just below $3,346 (the breakout level) with a tiny buffer (e.g., 0.5–1.0).
Optional: size SL using a volatility filter (e.g., 0.5–1.0 × 14-period ATR (1H)).
🎯 Profit Targets
T1: $3,355
T2: $3,367
T3: $3,378
🔄 Trade Management
On fill, set OCO: targets + stop are linked (one cancels the other).
At T1 hit: take 25–33% off and move SL to breakeven (entry).
Between T1→T2: trail below last 15-min swing low or use a fixed $3–$5 step-trail.
Between T2→T3: tighten trail (e.g., under last 5–15-min structure).
If price closes back below $3,346 (1H), consider exiting remainder—failed breakout.
📉 Short Setup (15-Min Breakdown under $3,331)
Idea: Catch downside momentum after a confirmed close below support.
✅ Confirmation
Wait for a 15-min candle to CLOSE below $3,331.
Mark that candle’s low (this becomes your trigger).
⚡ Entry
Place a sell stop a small buffer below that low
(e.g., trigger = low − $0.50 to $1.00; adapt to tick/spread).
🛑 Initial Stop-Loss (pick one)
Conservative: above the high of the breakdown 15-min candle.
Aggressive: just above $3,331 with a small buffer (0.5–1.0).
Optional ATR filter (e.g., 0.5–1.0 × 14-period ATR (15m)).
🎯 Profit Targets
T1: $3,320
T2: $3,305
T3: $3,290
🔄 Trade Management
Use OCO (targets + stop).
At T1: take 25–33% off; move SL to breakeven.
Trail above recent 5–15-min lower highs as price progresses to T2/T3.
If price closes back above $3,331 (15m), consider reducing or exiting—failed breakdown.
⚠️ Disclaimer
This is educational material only, not financial advice. Trading involves substantial risk and may not be suitable for every investor. You can lose money. Use your own judgment, verify contract specs ($ per point), and risk only what you can afford to lose.
xau/usdThis XAU/USD setup is a buy trade, highlighting a short-term bullish outlook for gold. The entry price is 3338, the stop-loss is 3334, and the exit price is 3345. This plan targets a 7-point gain while risking only 4 points, giving a balanced risk-to-reward ratio favorable for intraday trading.
Buying at 3338 suggests the trader anticipates immediate upward momentum, possibly driven by weaker dollar sentiment, falling yields, or short-term safe-haven demand. The level may also coincide with intraday support, where buyers are expected to enter the market.
The target at 3345 is set just below a resistance zone to capture profits before selling pressure could appear. Meanwhile, the stop-loss at 3334 is placed tightly to protect against downside risk.
This setup is designed for disciplined, short-term strategies, ensuring controlled exposure while capturing small but consistent gains.
Gold Analysis and Trading Strategy | August 21-22
✅ On the daily chart, gold has shown signs of stabilization after consecutive declines, with support forming in the 3310–3320 range. After rebounding, it is currently capped by resistance around 3350–3360, keeping the price in a consolidation phase. Short-term moving averages (MA5/MA10) are flattening, suggesting weakening bearish momentum; however, the medium-term MA20 is still trending downward, indicating that a full trend reversal has not yet been confirmed.
✅ On the 4-hour chart, gold rebounded after bottoming out near 3311, reaching as high as 3352, and is now consolidating around 3340. Price action is hovering near the middle Bollinger Band, with narrowing bands signaling a short-term sideways pattern. The short-term trend remains mildly bullish; a breakout above 3350–3355 could pave the way for 3365–3375, while a drop below 3330 may signal renewed weakness.
✅ On the 1-hour chart, the price has been oscillating between 3337–3345, repeatedly testing upper resistance without a clear breakout. The MA5 and MA10 have converged multiple times, reflecting indecision and a lack of clear short-term direction. If the price fails to break above 3348–3352, it may retreat to test the 3330–3325 support area.
🔴 Resistance Levels: 3350–3355 / 3365–3375
🟢 Support Levels: 3330–3325 / 3310–3295
✅ Trading Strategy Reference:
🔰 If gold approaches the 3350–3355 resistance, consider light short positions, targeting 3335–3330. A confirmed break below 3330 could open the way toward 3310.
🔰 If the price pulls back and holds in the 3330–3325 area, consider entering long positions, targeting 3350–3360. A breakout above 3360 could extend gains toward 3375–3380.
🔥Trading Reminder: Trading strategies are time-sensitive, and market conditions can change rapidly. Please adjust your trading plan based on real-time market conditions🤝
August 21st Gold AnalysisAugust 21st Gold Analysis
📊 Current Market Situation
Gold prices are trading in a narrow range, with market attention focused on the upcoming Jackson Hole Economic Symposium, particularly Federal Reserve Chairman Powell's speech on Friday, which is seen as a key indicator of future monetary policy direction.
On Wednesday, gold prices rebounded nearly $40 from key support at the 100-day moving average (around $3,311), reaching a high of $3,350 before closing at $3,348.20 per ounce, up approximately 1%. This rebound was primarily driven by bargain hunting near strong support levels and a stalled rebound in the US dollar index.
Technically, gold prices are currently trading at the midpoint of their recent range. Short-term support lies at $3,323.60 (August 19 low) and $3,307.10 (100-day moving average support), while short-term resistance lies at $3,352 (20-day moving average) and $3,372.30 (August 15 high).
👥 Policy Divergence Within the Federal Reserve
The minutes of the Fed's July meeting revealed subtle divisions within policymakers. Only two officials—Vice Chairman of Supervision Michelle Bowman and Governor Christopher Waller—supported a 25 basis point rate cut at the meeting, while the vast majority favored maintaining interest rates at 4.25%-4.5%. This marked the first time since 1993 that more than one Fed governor dissented from a rate decision.
Traders currently place the probability of a 25 basis point rate cut in September at 83%, slightly lower than a week ago, but still high.
📉 Technical Indicator Signal Analysis
From a technical perspective, the RSI reading of 25.93 is in oversold territory (below 30), suggesting that gold prices are oversold in the short term and that there is potential for a rebound.
The MACD histogram remains below the zero axis, and the DIF and DEA lines are aligned in a bearish pattern, indicating that bearish forces have not yet fully unleashed and that the rebound may be limited.
The moving average system shows a bearish alignment, with gold prices trading below all short-term moving averages (5-day, 10-day, and 20-day moving averages), indicating a bearish short-term trend.
Based on the August 8 high of $3,400, the 38.2% Fibonacci retracement level is at $3,323, coinciding with current support. The 61.8% Fibonacci retracement level is at $3,268; a break below this level could accelerate the decline.
🏛️ Institutional Views and Market Forecasts
Goldman Sachs maintains its strong gold forecast, predicting it will reach $4,000 per ounce by mid-2026. This view is based on three pillars: structurally strong central bank demand, the Federal Reserve's easing policy to support inflows into exchange-traded funds (ETFs), and a 30% probability of a US recession within 12 months.
FXStreet Chief Analyst Valeria Bednarik believes that gold prices remain under downward pressure in the short term, but oversold indicators suggest a rebound could occur at any time. Investors are advised to cautiously enter long positions near key support levels.
🌍 Geopolitics and Safe-Haven Demand
Geopolitical tensions are showing signs of easing, with the Ukrainian crisis appearing to be cooling due to multi-party meetings. Market risk aversion has receded, directly leading to a decrease in safe-haven gold buying.
However, uncertainties such as global trade frictions and high US tariffs remain, and gold's safe-haven value has not been completely weakened.
Central bank gold purchases continue to provide medium- and long-term support for gold. Global central banks continue to increase their gold holdings to optimize their foreign exchange reserve structure, with central bank gold purchases increasing by 15% year-on-year in the second quarter of 2025.
💎 Summary
The Jackson Hole Symposium will be a catalyst for short-term gold price fluctuations. If Powell refutes expectations of a rate cut, it could be seen as a move by the Fed to maintain its independence, further boosting safe-haven demand for gold.
Trade with caution and manage risk! Wish you successful trading!
Gold Outlook After FOMC NewsGold Outlook After FOMC News
The recent FOMC meeting did not bring any new policy measures to support the economy. Chair Powell stated that conditions remain stable, and interest rates were kept unchanged. As a result, markets stayed quiet, with expectations now shifting towards September for potential updates.
On the charts, gold completed wave A after reacting strongly to the trendline on the daily timeframe. I expect the market to now form an ABC corrective structure, which would complete a medium-term Elliott cycle. The recent rally also broke above the descending trendline on H4, confirming that the bullish momentum could be more sustainable.
Currently, price is showing a mild pullback since the Asian session. A retracement of around 40–50% on the recent H4 candle would be a healthy move, and it could retest the broken descending trendline. If confirmed, this would establish a stronger bullish Dow structure, opening room for a longer cycle, at least until wave C completes.
The H4 chart also supports this view, with MACD averages pointing upward and trading volume showing steady growth.
Buy Zone: Around 3334 on the H4 candle, in line with the trend for holding medium- to long-term positions.
Sell Zone: Around 3365, once wave C completes and a new cycle begins.
Gold is now showing clearer technical direction. I hope this scenario helps traders align with the market trend. Wishing you all successful trades.
#XAUUSD #Gold #TechnicalAnalysis #PriceAction #ElliottWave #Fibonacci #MACD #CommodityTrading #FOMC
Gold Analysis and Trading Strategy | August 21✅ Fundamental Analysis
🔹 Reports that Russia and Ukraine may arrange a meeting have weakened safe-haven sentiment, putting some pressure on gold prices.
🔹 Market expectations for a Fed rate cut in September remain high, but the July meeting minutes showed that most officials leaned toward keeping rates unchanged, increasing uncertainty.
🔹 The market is currently awaiting the Jackson Hole central bank symposium and new economic data, leading to cautious short-term trading.
✅ Technical Analysis
🔸 Daily Chart: Yesterday’s bullish candlestick fully engulfed the previous day’s bearish candle and held above the middle Bollinger Band. If today closes higher, the bulls may establish a clear advantage. The key is to watch Thursday’s volume; strong buying momentum could open up further upside space.
🔸 4-Hour Chart: The candles have closed consecutively higher, maintaining an upward rhythm, and are now positioned below the middle Bollinger Band. However, the bands have yet to widen, suggesting the trend has not fully developed. Resistance is concentrated around the 3355–3360 area:
• Failure to break through may keep the market in consolidation, with pullbacks seen as normal.
• A breakout with widening Bollinger Bands could indicate stronger momentum, opening the way toward 3375–3400.
🔸 The current rebound is largely viewed as a technical correction within a broader downtrend. Short-term momentum remains bullish, but the medium-term structure is still bearish. The key for bulls is avoiding a deep pullback; otherwise, momentum will weaken. If gold fails to break the early-session high during the European session, the trend may soften and revert to a range-bound pattern.
🔴 Resistance Levels: 3350–3360 / 3372–3375
🟢 Support Levels: 3330–3335 / 3327–3311
✅ Trading Strategy Reference:
🔻 Short Position Strategy:
🔰Consider entering short positions in batches if gold rebounds to the 3365-3370 area. Target: 3350-3340;If support breaks, the move may extend to 3335.
🔺 Long Position Strategy:
🔰Consider entering long positions in batches if gold pulls back to the 3330-3335 area. Target: 3350-3360;If resistance breaks, the move may extend to 3375.
🔥Trading Reminder: Trading strategies are time-sensitive, and market conditions can change rapidly. Please adjust your trading plan based on real-time market conditions.
Gold Strongly Rebounds: Heading Towards New Targets! The gold market is showing signs of a strong recovery, with several factors supporting an upward trend in the near future.
News supporting the rise of XAUUSD:
FOMC Minutes: A dovish stance from the FOMC weakens the USD, creating favorable conditions for gold to continue rising.
Initial Jobless Claims: Data showing higher-than-expected claims indicates a weaker economy, prompting the Fed to maintain its accommodative policy, which supports gold.
PMI: Weaker PMI data signals a slowdown in production, continuing to weaken the USD and supporting gold's upward trend.
Technical Analysis:
The XAUUSD chart shows gold making a strong recovery from the support at 3,334 USD, with resistance near 3,370 USD. If gold holds above the support level, the likelihood of further gains is very high. The current pattern indicates a sustainable bullish structure with higher highs and lows.
With the alignment of both fundamental and technical factors, XAUUSD is likely to continue rising towards higher targets. The resistance at 3,370 USD is the next level to watch.
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
Elliott Wave Analysis – XAUUSD (21/8/2025)
1. Momentum
• D1 timeframe: Yesterday’s daily candle closed bullish, confirming upward momentum. This suggests that the dominant trend could remain bullish for the next 4–5 days.
• H4 timeframe: Currently in a corrective move with only 2 bearish candles formed so far. This decline may need another 2–3 candles to complete. A potential bullish reversal could occur during the US session tonight.
• H1 timeframe: Momentum is turning bullish, signaling a short-term upward move. However, since H4 is still in a corrective phase, it is better to observe for now rather than take immediate action.
2. Wave Structure
• D1 timeframe:
With the bullish confirmation on D1, the corrective a–b–c–d–e triangle scenario remains valid. At present, the market is forming wave 1 and wave 2 in blue. This view will be further confirmed once price breaks above the top of wave 1 (blue).
• H4 timeframe:
Previously, I anticipated a possible ending diagonal for wave C in purple. However, with yesterday’s strong rally and the bullish confirmation on D1, the updated structure is more consistent with:
o Wave B (purple) forming a triangle.
o Wave C (purple) already completed.
This suggests the market has entered wave 1 (yellow) and we are now waiting for wave 2 (yellow) to complete in order to look for buy opportunities.
If price drops below 3314, the extended scenario remains valid with a target around 3298. But since D1 momentum supports the bullish case, I will prioritize the bullish scenario for trading.
• H1 timeframe:
H1 momentum indicates a possible pullback. Typically, wave 2 forms as a zigzag or flat correction, retracing to the Fibonacci levels of 0.5 – 0.618 – 0.782.
I believe wave 1 (yellow) may already be complete. However, if H1 momentum continues to push higher, price could reach around 3362 before finalizing wave 1. In that case, traders can use Fibonacci retracement levels to identify entry points for a buy on wave 2.
Potential retracement zones for wave 2: 3333 – 3327 – 3315.
3. Trading Plan
• Buy Zone: 3333 – 3330
• Stop Loss: 3323
• Take Profit 1: 3350
• Take Profit 2: 3381
• Take Profit 3: 3409