Gold at a Crossroads — Breakout or Breakdown Ahead?Hello traders, what’s your take on gold today?
At the moment, gold continues to benefit from ongoing geopolitical tensions in the Middle East. However, a healthy correction is underway, pushing prices slightly lower. XAUUSD is currently trading in a tight range near $3,380, and technical indicators suggest the metal is entering a consolidation phase — potentially a setup for the next breakout.
All eyes are now on this week’s FOMC meeting, which kicks off today with a policy statement and press conference from Fed Chair Jerome Powell. While markets do not expect the Fed to cut interest rates at this meeting, dovish signals will be closely watched. This may leave bullish traders on the sidelines for now, waiting for clearer confirmation.
On the flip side, geopolitical uncertainty remains a powerful driver for gold, offering psychological support and keeping buyers engaged in the short term.
From a technical standpoint, bulls are aiming for a breakout above the key $3,500 resistance level. Meanwhile, bears are eyeing a short-term push below the $3,345–$3,330 support zone.
So what’s your view — are we about to see a breakout or another dip? Let me know your thoughts.
Gold
when price consolidates, its just setting upLooking for a bigger moving going into mid week. Tues spent the entire day consolidating. Now im thinking we getting ready for a bigger move. Just trying to be patient and wait for it. Price should give us some kinda sign on what it would like to do as we coming into the Asian Killzone.
What on earth will happen to GOLD? why is it not up yet?XAUUSD
GOLD returns to the consolidation area of 3388-3403 after falling and landing at support 3366. The strength of the SELLER still looks quite strong considering that there has been no confirmation of buyer power at all such as Bullish Engulfing or other large bullish candles. GOLD will still fall again and has the potential to reach the support range of 3350 - 3366 as long as there is no penetration of resistance 3408
Congratulations on yesterday's profit. Today we will try to wait and see the movement of GOLD again before determining the entry.
R3 3500
R2 3427
R1 3408
PV 3379
S1 3366
S2 3350
S3 3286
Gold Miners Stocks Go 'The Rife Game' in Town. Here's WhyGold mining stocks have emerged as one of the top-performing asset classes in 2025, driven by a combination of surging gold prices, improved profitability, and shifting investor sentiment.
Here’s fundamental and technical analysis of the key factors behind this outperformance, by our @PandorraResearch Super-Duper Beloved Team :
Record-High Gold Prices Fuel Margins
Gold prices surpassed $3,000 per ounce in March 2025 for the first time in history, marking a 14% year-to-date increase. This rally stems from:
Safe-haven demand amid geopolitical tensions, economic and political uncertainty including U.S. trade policy volatility.
Central bank buying , particularly by China, India, Turkey, and Poland, to diversify away from the U.S. dollar.
Anticipated interest rate cuts , which reduce the opportunity cost of holding non-yielding assets like gold.
Higher gold prices directly boost miners’ revenues.
For example, the NYSE Arca Gold Miners Index NYSE:GDM returned nearly 30% YTD by early March, outpacing both physical gold OANDA:XAUUSD (+14.5%) and the S&P 500 SP:SPX (-3.8%). Companies like Agnico Eagle Mines NYSE:AEM and Wheaton Precious Metals NYSE:WPM reached all-time highs, while ASX-listed miners such as Evolution Mining ASX:EVN (+39.5% YTD) and West African Resources ASX:WAF (+56.6% YTD) outperformed Australia’s broader market.
Margin Expansion and Shareholder Returns
Gold miners are leveraging rising prices to improve profitability:
Stabilized costs for labor, energy, and equipment have widened profit margins.
Free cash flow growth enabled dividend hikes and share buybacks. U.S. Global Investors, for instance, offers a 3.91% annualized dividend yield.
Undervalued stocks: Many miners traded at historically low valuations relative to gold prices, creating buying opportunities. Barrick Gold NYSE:GOLD (P/E 15.6) and Newmont Corp NYSE:NEM (P/E 15.5) remained attractively priced despite gains.
Royal Gold NASDAQ:RGLD , a streaming company with a 60.3% operating margin, exemplifies how non-traditional miners capitalize on gold’s rally without direct operational risks.
Sector-Specific Catalysts
Mergers and acquisitions. Consolidation activity has increased, with larger firms acquiring high-potential projects.
Copper exposure. Miners like Evolution Mining benefit from rising copper demand, diversifying revenue streams.
Institutional upgrades. Analysts at Macquarie and Morgan Stanley endorsed Newmont and Evolution Mining, citing currency tailwinds and free cash flow potential.
Macroeconomic and Market Dynamics
Dollar weakness. A declining U.S. dollar enhances gold’s appeal as a hedge.
Equity market volatility. With the S&P 500 struggling, investors rotated into gold equities for diversification (0.3 correlation to broader markets).
Fiscal deficits. U.S. budget imbalances and inflationary pressures reinforced gold’s role as a store of value.
Outlook for 2025
Analysts project further gains, with gold potentially reaching $3,300 per ounce. Miners are expected to sustain momentum through:
Operational efficiency improvements to align with higher gold prices.
Continued capital discipline , avoiding overinvestment in new projects.
Dividend growth , as seen with U.S. Global Investors’ monthly payouts.
Technical Outlook
The main technical graph for Gold Miners ETF AMEX:GDX indicates on further Long-Term Bullish opportunity, to double the price over next several years, in a case of the epic $45 mark breakthrough.
Conclusion
In summary, gold miners’ 2025 rally reflects a confluence of macroeconomic uncertainty, disciplined capital management, and gold’s structural demand drivers. While risks like cost inflation persist, the sector’s fundamentals and valuation upside position it as a compelling component of diversified portfolios.
--
Best 'Golden Rife' wishes,
@PandorraResearch Team 😎
$DXY Dollar stays weak but is it bottommed?Have not many ANY trades based on the US Dollar. Have not been convinced in either way, yet.
TVC:DXY has been weaker lately but not by much. Well, at least compared to its previous low.
However, LONGER TERM we see it's biz as usual.
It is currently fairly oversold on the weekly chart & could be primed to change direction.
GOLD: Absolute Price Collapse Ahead! Short!
My dear friends,
Today we will analyse GOLD together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding below a key level of 3,394.60 So a bearish continuation seems plausible, targeting the next low. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
Gold Market Update – Technical Breakdown in FocusGold has broken below the ABCD harmonic pattern structure, a classic sign of a potential trend reversal. This bearish move is now approaching the critical support at $3385, which has acted as a structural pivot in past sessions.
Adding to this bearish outlook, the Momentum oscillator has crossed decisively below the 100-line, confirming a shift in directional strength and reinforcing downside potential.
🔽 TradeIdea – XAUUSD Short Setup
Entry Trigger: Initiate short positions only if price closes below $3385 on strong volume.
Take-Profit Target: $3360 – near the lower harmonic projection and previous demand zone.
Stop-Loss Idea: Above $3412 (structure invalidation level)
This setup aligns with both pattern-based analysis and momentum confirmation, increasing confidence for short-term bearish continuation.
GLD Weekly Trade Setup — June 16, 2025🪙 GLD Weekly Trade Setup — June 16, 2025
🎯 Instrument: GLD (SPDR Gold Shares)
📉 Strategy: Short Bias via Puts
📅 Entry Timing: Market Open
📈 Confidence Level: 65%
🧠 Technical & Sentiment Snapshot
Current Price: $311.78
5-Min Chart: Below EMAs (10/50/200); RSI ≈ 34 → short-term oversold
Daily Chart: Above 10EMA ($309.94), RSI ≈ 56 → neutral-to-bullish
Bollinger Bands: Near lower band on M5 → volatility likely
Support/Resistance:
• Support: $311.68 / $307.28
• Resistance: $312.20 / $313.00
🗞️ Market Sentiment Overview
VIX: Elevated at 20.82 → high risk premium environment
Options Flow: Heavily put-weighted near $305–$310 strikes
Max Pain: $285 → bearish options bias into expiration
News: Geopolitical tensions increase flight-to-safety temporarily, but fading momentum fuels retrace setups
🔽 Recommended Trade: GLD PUT
Parameter Value
🎯 Strike $307.00
💵 Entry Price $0.84
🎯 Profit Target $1.25–$1.70
🛑 Stop Loss $0.50
📅 Expiry June 20, 2025
📏 Size 1 contract
⚖️ Confidence 65%
🧷 Trade Plan
📥 Entry: At market open
📈 PT Zone: $1.25 to $1.70 premium, based on drop to $306–307
🛑 Stop: If premium drops to $0.50 OR GLD breaks above $313
💰 Risk Mgmt: Keep exposure <2% of total account equity
⚠️ Key Considerations
Upside Risk: Sudden bullish shift or risk-off headlines can drive reversal
Time Decay: Premium erosion risk is higher if GLD consolidates
Volatility Drag: VIX dropping could suppress put premiums quickly
🧾 TRADE_DETAILS (JSON)
json
Copy
Edit
{
"instrument": "GLD",
"direction": "put",
"strike": 307.0,
"expiry": "2025-06-20",
"confidence": 0.65,
"profit_target": 1.25,
"stop_loss": 0.50,
"size": 1,
"entry_price": 0.84,
"entry_timing": "open",
"signal_publish_time": "2025-06-16 16:15:17 UTC-04:00"
}
💡 If GLD struggles to reclaim $312.20 at the open, the put setup becomes attractive. Breakout above $313? Exit quickly.
Gold’s Game of Traps: Is the Dip a Setup for a Bigger Move? Gold’s Game of Traps: Is the Dip a Setup for a Bigger Move?
After an aggressive rally fueled by geopolitical FOMO headlines, gold (XAUUSD) saw a sudden pullback — but what looked like weakness might actually be a setup for smart accumulation. The market narrative is shifting, and price action is sending important signals...
🌍 Global Drivers Behind the Volatility
Middle East conflict between Israel and Iran continues to escalate, prompting global safe haven flows. Evacuation warnings and nuclear deal pressure add more uncertainty to the mix.
Despite bullish news, gold failed to hold its highs — a potential bull trap as institutional players took advantage of retail FOMO to offload.
Big capital may now be rotating from gold into other sectors like energy (oil) and discounted equity assets.
📉 Price Action & Technical Outlook (M30–H1)
After topping around 3442–3440, price snapped back into the mid-range — a sign of liquidity hunting rather than a full reversal.
The EMAs (13/34/89/200) on the M15–M30 timeframes are showing early signs of bearish crossover, hinting at further short-term weakness.
Below current price sits a clean Fair Value Gap (FVG) that could act as a magnet — aligning with a high-probability buy zone.
🎯 Trading Playbook
✅ BUY Setup – "Smart Money Entry Zone"
Buy Zone: 3342 – 3344
Stop Loss: 3338
Take Profit Targets:
→ 3348 → 3352 → 3356 → 3360
→ 3364 → 3368 → 3372 → 3380+
💡 Look for price to tap into the FVG and form a base with bullish confirmation (engulfing candle, divergence, or rising volume) before entering.
❌ SELL Setup – "Fade the Overhead Resistance"
Sell Zone: 3440 – 3442
Stop Loss: 3446
Take Profit Targets:
→ 3436 → 3432 → 3428 → 3424
→ 3420 → 3415 → 3410
⚠️ Only short on a strong rejection or bearish engulfing candle near the resistance — do not short blindly.
🧠 Market Psychology Insight
The initial Asian-session rally was likely a news-driven liquidity event.
Institutions appear to be rotating capital, using emotional retail entries as exit liquidity.
Current market conditions suggest a shakeout before a longer-term bullish move.
📌 Final Note
Don’t chase price. Let it come to your zones. This market is being driven by geopolitical narrative and smart money behavior, not just technicals alone.
✅ Stay patient.
📊 Trade with logic.
🧘♂️ Let others FOMO — you focus on levels and confirmation.
👉 Follow for real-time London session updates and reaction-based entries.
Gold is Nesting... Have updated the counts since my last post.
I believe we have a series of ones and twos since the 15th May low...
Once we start moving into the third of the third of the third, US Indices will commence either a correction or another bearish leg.
Have been long Gold and will be holding my positions.
Gold Outlook: Bulls Defend Support Amid Rising Geopolitical RiskGold (XAU/USD) remains within a strong bullish structure on the 4-hour chart, trading inside an ascending channel. Recently, price attempted to break above the key resistance near $3,450 but failed, leading to a minor pullback toward the mid-channel area around $3,428–$3,430, where buyers are currently defending support. The key support remains at $3,394–$3,400, which also coincides with the ascending channel’s lower boundary.
As long as price holds above this level, the bullish trend remains intact, and there is potential for a breakout above the $3,450 resistance zone. If a breakout occurs and price closes above $3,450 on the 4-hour chart, the next bullish targets would be around $3,475 and then $3,500–$3,510. On the downside, if price fails to hold $3,394, it may trigger a short-term bearish correction toward the next support zone around $3,380–$3,370.
Overall, gold is currently in a consolidation phase inside the $3,394–$3,450 range, with a bullish bias above $3,394. A breakout above $3,450 may trigger strong upward momentum, while a break below $3,394 could open the door for a deeper correction.
🔑 Key Levels
Support: ~$3,394–$3,400 (channel floor) and intermediate support at $3,430–$3,440 .
Resistance: Immediate resistance zone is $3,445–$3,450, with broader upside potential toward $3,500+ if that break occurs.
Note
Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
Newmont Corp | NEM | Long at $48.00While gold prices have soared recently, gold mining stocks have lagged. Newmont Corp NYSE:NEM , the world's largest gold mining corporation, may be undervalued if the miners take off to catch up to the gold demand/price. Currently sitting near $48.00 and at a historical moving average that it will need to break to show a true trend reversal, NYSE:NEM is in a personal buy zone. Now, the price may break down at the simple moving average and test the patience of shareholders, but the long game may benefit those who can tolerate the volatility.
Target #1 = $57.00
Target #2 = $71.00
XAUUSD - Is the gold bullish trend over?!Gold is trading in its ascending channel on the four-hour timeframe, above the EMA200 and EMA50. We should wait for consolidation or not above the drawn trend line to determine the future path of gold, which can be entered after its failure in the formed line, and on the other hand, if gold corrects towards the demand zone, it can be purchased in the short term with appropriate risk-reward.
Over the past week, the gold market moved within a narrow, calm range and showed little reaction to encouraging inflation data—until geopolitical developments once again shifted the landscape. Heightened tensions in the Middle East brought safe-haven demand back to the forefront of traders’ minds.
Following initial reports of regional unrest, gold quickly climbed from $3,324 to a weekly high of $3,377. Although the price saw a brief correction down to around $3,345, it resumed its upward momentum and opened Thursday’s trading session just one dollar below the symbolic $3,400 mark.
Rich Checkan, President and CEO of Asset Strategies International, commented on these recent geopolitical developments, stating: “The market’s direction is clear: it’s upward. With tensions rising following Israel’s attack on Iran, there’s no doubt gold will continue its climb next week.”
Darin Newsom, senior analyst at Barchart.com, also pointed to rising risks both domestically and globally: “Gold is on an upward path. Domestic unrest in the U.S., escalating conflict in the Middle East, broad selling of the U.S. dollar by other countries, and expectations that the Federal Reserve will hold rates steady—all support gold’s rise.”
Meanwhile, Daniel Pavilonis, senior broker at RJO Futures, analyzed the simultaneous reactions of gold and oil amid the recent Middle East tensions, looking for clues on their future direction. He explained: “Oil’s behavior can serve as an indicator for gold, as both are seen as inflation hedges and are sensitive to bond yields.”
Surprised that gold hasn’t yet reclaimed its April highs, Pavilonis emphasized: “If tensions escalate further, we could see additional gains. But if Iran moves toward negotiations or a truce, gold could remain elevated but range-bound, similar to the past two months. Breaking previous highs would require a stronger catalyst and a more significant worsening of the crisis.” He noted that while geopolitical tensions are currently the primary driver of gold’s strength, such rallies are typically short-lived.
Pavilonis added: “We saw a similar pattern last April—gold and oil spiked sharply but quickly corrected. Back then, trade war concerns with China persisted, inflation rates had fallen noticeably, and the initial supportive factors for gold gradually faded. Now, once again, a fresh geopolitical shock has emerged that may temporarily drive gold higher.”
After a week where market attention focused mainly on U.S. inflation data, investors’ focus in the coming days will shift to central bank policy decisions and potential signals regarding the future path of interest rates.
The trading week begins Monday with the release of the Empire State Manufacturing Index, offering an early view of industrial activity in New York. That same day, the Bank of Japan will announce its latest interest rate decision, potentially setting a new tone for Asian markets and the yen’s value.
On Tuesday, U.S. May retail sales data will be published—a key indicator of consumer strength. Signs of weakness could bolster market expectations for a rate cut.
Wednesday will be the pivotal day, as the Federal Reserve reveals its rate decision. While markets have fully priced in a pause in tightening, attention will focus on Jerome Powell’s remarks for any hints of rate cuts in the coming months. Also on Wednesday, May housing starts data and weekly jobless claims will be released.
With U.S. markets closed Thursday for Juneteenth, the spotlight will shift to monetary policy decisions from the Swiss National Bank and the Bank of England, both of which could impact currency market volatility. The week wraps up Friday with the Philadelphia Fed Manufacturing Index, a leading gauge closely watched by traders to assess the health of the manufacturing sector in the U.S. Northeast.
Buy on dips and seize rising opportunities📰 Impact of news:
1. Geopolitical risks
2. Expected Fed policy
📈 Market analysis:
The market opened higher in the morning and then continued to fall. From a medium-term perspective, the market is still in a medium-term bullish position. The price will only be under further pressure if it breaks below the weekly support. Observing from the daily level, the price broke through the daily resistance again last Wednesday and continued to soar after the breakthrough. The current price is testing the monthly high, and the subsequent gains and losses of the previous high are the key. Judging from the 1H chart, the short-term death cross continues to fall. At the same time, according to the 4H level, as time goes by, we need to pay attention to the support of 3413-3403. This support is the key watershed of the short-term trend. As long as it does not fall below this support, the bulls still have a chance.
🏅 Trading strategies:
BUY 3413-3403
TP 3430-3440
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
Gold pullback supported at 3377Gold (XAU/USD) is trading lower during the first half of the European session, ending a three-day winning streak that had pushed it near a two-month high earlier on Monday. A stronger performance in equity markets is reducing demand for safe-haven assets like gold.
However, losses are limited due to a few key factors:
Ongoing Middle East tensions are keeping risk sentiment in check.
Expectations of Fed rate cuts in 2025 are weighing on the US Dollar, supporting gold.
Traders are cautious ahead of the upcoming two-day FOMC meeting starting Tuesday.
Despite the dip, gold is holding above the $3,400 level.
Key Support and Resistance Levels
Resistance Level 1: 3444
Resistance Level 2: 3460
Resistance Level 3: 3483
Support Level 1: 3377
Support Level 2: 3360
Support Level 3: 3340
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Safe-Haven Demand Lifts Gold Above $3,440Gold rose to around $3,440 per ounce on Monday, staying near April’s record highs, as escalating Middle East tensions increased safe-haven demand. Weekend clashes between Israel and Iran raised fears of broader conflict.
Markets now look ahead to upcoming central bank meetings, especially the U.S. Federal Reserve. While rates are expected to remain unchanged, investors are watching for signals on future cuts. Last week’s weaker inflation data has increased expectations for a potential rate cut by September.
Traders are also awaiting details on President Donald Trump’s upcoming tariff decisions, expected in the coming weeks.
Resistance is seen at $3,430, while support holds at $3,392.
Gold is gaining momentum – Can the bulls drive it up to $3,485?OANDA:XAUUSD is a typical case of a market trading within an ascending channel, with price action consistently respecting both its upper and lower boundaries.
As you can see in my analysis, the price has recently broken through an important resistance zone and may return to retest it. If this level holds as support, it will indeed confirm the bullish trend and make the move towards my projected target of 3,485 highly likely, aiming for the next resistance zone at 3,485 and 3,500.
If the price remains above this support zone, my bullish outlook remains intact. However, if the price fails to hold above this level, the short-term bullish outlook will therefore be disrupted and may be followed by the next downward retracement.
Make sure to always use proper risk management.
Gold Spot / U.S. Dollar (XAUUSD) - 30m ChartA 30-minute candlestick chart showing the price movement of Gold Spot against the U.S. Dollar (XAUUSD). The current price is $3,433.88, reflecting a +$48.32 (+1.43%) increase. The chart highlights a recent upward trend with a shaded resistance zone around $3,460.06 and a support level near $3,400.06, as of 10:52 AM PKT on June 15, 2025.
GOLD WEDGE COMPLETION, BEARISH SWEEP ACTIVEJust as seen in the analysis, we see gold has filled its trend channel thereby giving the market a bearish stance creating bearish pull until the next POI
WE have our eyes on 3383 as a substantial zone for pullback correction zone and if any change in market sentiment, it would be updated ....
Gold (XAU/USD) Analysis - 16 June 20254H Chart: Market Structure & Bias
Gold’s 4-hour chart shows a bullish structure: price has been making higher highs and higher lows (a valid Break of Structure/BOS)
No bearish Change of Character (CHoCH) signal is present to suggest a reversal, so the overall bias remains bullish. In other words, the trend is intact and buyers still dominate. Key moving averages (not shown) also slope upward, reinforcing a “buy the dip” bias. We note that price recently stalled near 3427–3435, forming a small consolidation. This clustered area around the recent high acts as a near-term supply (resistance) zone (a possible order block where big players sold).
On the downside, prior support is visible around 3380–3400, where buyers stepped in on earlier pullbacks. In summary, the 4H bias is bullish, with dips into demand areas likely to attract buying interest.
Support/Demand Zones: At ~3380–3400 there is significant buying interest (a demand zone), as well as a minor support band around 3330–3350. These areas coincide with key Fibonacci retracements (around 50–62% of the last rally), making them high-probability bounce zones.
Resistance/Supply Zones: On the upside, the 3420–3435 range is resistance (recent swing high and a bearish order-block area).
Farther above, 3470–3485 is a major resistance cluster (around prior highs and a 61.8% extension), where supply may re-emerge.
Key Zones (4H Chart)
Buy Zone 1 (Demand): 3380–3400. This zone acted as support on prior pullbacks and aligns with ~50%–62% Fibonacci retracement levels. It represents a demand area (many buy orders), so bounces are likely here.
Buy Zone 2 (Support): 3330–3350. A deeper support area where buyers piled in previously. It coincides with the 61.8% Fib retrace of the last leg, making it a strong multi-purpose support/demand zone.
Sell Zone 1 (Supply): 3420–3435. This marks the recent 4H swing high and a potential bearish order block.
It has already capped rallies, so price may stall or reverse here on a retest.
Sell Zone 2 (Resistance): 3470–3485. A higher cluster of resistance (major psychological level and Fib extension) where selling could appear if gold extends its rally. This is a logical profit-taking area.
Each of these zones is a range (not just a line) to allow for some trade flexibility. We watch for price action (like pin bars or breakouts) within these ranges to signal entries.
1H Chart: Trade Setups
Buy at 3385–3395 (Long).
Entry Zone: 3385–3395 (just above the lower demand zone).
Stop-Loss: ~10 USD below the zone (around 3375).
Take-Profit: 3420 (minor resistance) and 3460 (next supply cluster).
Reason: This zone combines the 4H demand area and ~50% Fib support.
We expect bulls to defend this zone.
Trigger: Wait for a bullish reversal candle on 1H (e.g. a strong bullish pin bar or engulfing candle with a long lower wick). Such a candle (long-tail wick) at support indicates a liquidity grab by buyers. Alternatively, a clear 1H BOS above the last minor swing high would confirm strength and serve as a breakout entry.
Buy on 3425–3430 breakout (Long).
Entry Zone: Break above 3425–3430 (just above the recent 4H high).
Stop-Loss: ~10 USD below entry (around 3415).
Take-Profit: 3480–3490 (next resistance zone).
Reason: A push through the 3420–3435 supply zone would show buyers overcoming sellers. This would keep the uptrend running. The breakout opens room toward the 3470–3485 resistance area.
Trigger: Enter on a 1H bullish breakout/close above 3430 (a new higher high) – i.e. a bullish BOS confirming continued uptrend. Optionally look for a pullback to 3425 as a retest entry if the breakout is swift.
Buy at 3330–3340 (Long).
Entry Zone: 3330–3340 (deeper support zone on 4H).
Stop-Loss: ~10 USD below the zone (around 3320).
Take-Profit: 3380 (first target), then 3420.
Reason: This is a strong support/demand area (4H 61.8% Fib support). A drop here would be a deeper pullback – a higher-risk entry with a bigger reward if buyers step in.
Trigger: Look for a clear bullish reversal on 1H (e.g. hammer/engulfing candle) or a shift in structure (price fails to make a new low and instead forms a higher low). A bullish candlestick in this zone implies demand is defending it.
Each setup is aligned with the 4H bullish bias (we’re looking for long opportunities at support zones or breakouts). The ~$10 stops are set just beyond the defined entry zone, giving each trade a favorable risk/reward.
Takeaway: Gold’s 4-hour trend is up. We favor buying near the identified demand/support zones (or on a confirmed breakout above recent highs) and targeting the next resistance levels. Use tight stops (~$10 beyond each zone) and aim for 2:1+ reward on these high-probability setups.
Trade with the trend and respect the key zones above.
Everybody loves Gold Part 4Gold strategy steadily churning out the pips
Here's a breakdown of trading dynamics:
1. Expecting price to break past for continuation up
2. Price might bounce back for which; will be looking for a continuation from -50/-100 or -150pips to the upside
3. Will be looking for double tops/bottom along the way
As always price action determines trades.