XAUUSD Continued growth, gold price surpasses ATH 3500, waiting for a new explosion when FED lowers interest rates in September
GOLD MINI CFD forum
XAUUSD Continued growth, gold price surpasses ATH 3500, waiting for a new explosion when FED lowers interest rates in September
XAUUSD Good morning guys! After the breakout, gold has been rallying nonstop without any meaningful retracement. Though it showed signs of exhaustion yesterday, it once again skyrocketed before slipping into a full day of consolidation. Today, it’s carrying the same momentum trading in heat and now approaching another major inflection point at 3515–20. This zone is expected to be highly reactive. Brief later. Trade safe .
GOLD XAUUSD Gold prices are maintaining a strong trend, with a bullish pattern on both the daily and weekly charts. The 10/7-day moving averages on the daily charts remain upward, reaching 3426/3402. The price is within the upper Bollinger Band, and the RSI indicator is at a high level of 70. Upside potential is gradually shrinking. Watch for a correction after a breakout above a record high.On the short-term 4-hour and 1-hour charts, gold prices remain within the upper Bollinger Bands, with the moving averages continuing to form a golden cross and opening upward. The RSI indicator is currently at a high of 80, entering the overbought zone. Technically, the primary trading strategy for gold remains to buy on dips, but prices have reached relatively high levels, indicating overbought indicators. Wait for a pullback before buying.
Key Points:
First Support Level: 3480, Second Support Level: 3463, Third Support Level: 3452
First Resistance Level: 3508, Second Resistance Level: 3520, Third Resistance Level: 3543
Trading Strategy:
Buy: 3470-3473, SL: 3462, TP: 3490-3500;
Buy: 3485-3483, SL: 3574, TP: 3500-3510;
GOLD Full day of consolidation.What would the American market gonna wakeup to tomorrow ? From 3380- 3480 in just a couple of days.
GOLD My friend, gold can go down, so keep in mind that if 3468 gold spot goes down then sell it. I will give you the target later. If this price comes then you have to sell it.
XAUUSD How about getting around 3471-3473 for SL-3466 n TGT- 3476/3479/3482
Note:- just a view, Trading is Risky not suitable for everyone.
Trade at your own Risk⚠️
GOLD Entry Price: 3,468.48Stop Loss: 3,496.85
Target Point: 3,394.77
🔎 Analysis
The chart shows a strong upward rally (highlighted in red), followed by price consolidation.
A short (sell) setup is suggested, as the market may retrace after the sharp bullish move.
Risk-to-reward ratio appears favorable, with a tight stop compared to the wider target zone.
Confirmation may come if price breaks below 3,460 support level.
📌 Signal
Trade Type: SELL (Short)
Entry Zone: 3,468 – 3,472
Stop Loss: 3,496.85
Take Profit: 3,394.77
XAUUSD One more All time high is just like a rumers stay safe don't go with the flow because now the price is on critical stage.This weak the data is also negative for gold.
XAUUSD Stratgy used Entry Point (Buy Limit Zone): 3,468 – 3,455 (FVG Buying Zone)Stop Loss (SL): 3,443 (below EMA 70 & FVG zone)
Take Profit (TP): 3,526 (highlighted target point)
📊 Reasoning
1. FVG Zone: Price is retracing into the Fair Value Gap, a high-probability area for bullish continuation.
2. EMA Confluence: Price is trading above both 70 EMA and 200 EMA, showing strong bullish momentum.
3. Market Structure: Higher highs and higher lows indicate continuation of the uptrend.
4. Risk/Reward: About 1:3 RR, favorable setup for swing or intraday buyers.
GOLD 3500 dollar>>>>>?????