Get started

Gold

BTC's latest trading strategy and analysis layout#BTCUSD BTC's current technical signals show a bull-bear tug-of-war situation.If a golden cross is formed near the zero axis, it may indicate a new wave of rise; if it falls below the zero axis, we need to be wary of a deep correction. There are certain opportunities for both bulls and bears in the current market, but global regulatory policies have not yet been unified. Policies such as the US "GENIUS Act" may affect BTC and require continued attention. BTC is currently facing significant buying support around 117,500, but the hourly chart shows that there is still potential for a continued pullback. The current trend has not yet finished. Pay attention to the support level of 116,000 below. If it falls below, it may fall into the consolidation range of 116,000-114,000. For aggressive traders, consider going long at 117,500-116,500, with a target of 118,500-119,500. A break above this level could lead to 120,000. 🚀 117500-116500 🚀 118500-119500
BITSTAMP:BTCUSDLong
by Halson_Winston
GOLD ROUTE MAP UPDATEHey Everyone, Following yesterday’s move into the 3305 retracement range, we got the expected reaction without an EMA5 lock, which further confirmed the rejection from that level and led to a clean bounce into 3228 just like we analysed. From here, we anticipate price to range between 3328 and 3305. EMA5 cross and lock above 3328 or below 3305 will be key to confirming the next directional move. We’ll continue to monitor for that confirmation and adjust accordingly. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3348 EMA5 CROSS AND LOCK ABOVE 3348 WILL OPEN THE FOLLOWING BULLISH TARGETS 3369 EMA5 CROSS AND LOCK ABOVE 3369 WILL OPEN THE FOLLOWING BULLISH TARGET 3397 EMA5 CROSS AND LOCK ABOVE 3397 WILL OPEN THE FOLLOWING BULLISH TARGET 3422 BEARISH TARGETS 3328 - DONE EMA5 CROSS AND LOCK BELOW 3328 WILL OPEN THE FOLLOWING BEARISH TARGET 3305 - DONE EMA5 CROSS AND LOCK BELOW 3305 WILL OPEN THE SWING RANGE 3289 3267 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
14
European session under pressure 3321 continue to shortI reminded everyone last night that if gold holds the 3300 mark, it will consolidate in the 3300-3345 range in the short term. The current gold price basically fluctuates narrowly between 3320-3310. Judging from the daily chart, the short-term upper pressure is at 3330. Only if the daily line stands firmly above 3330, there is a possibility of a rebound upward in the short term. Judging from the hourly chart, gold is still in a downward trend, and the hourly line is blocked near 3321. In the short term, if it cannot break through 3320-3330, gold will continue to fall. You can consider shorting, with the target at 3310-3300. If the European session is still volatile, maintain high shorts and low longs to participate in the cycle. My premium privileges are about to expire, and subsequent trading strategies and analysis will be published in the group.
OANDA:XAUUSDShort
by Allenbrowser-3
Gold Price Analysis (GC1! or XAU/USD): Challenges and OutlookSince reaching a historic high of $3,509 on April 22, 2025, gold has struggled to maintain its upward momentum. On the daily timeframe, the price experienced a sharp rejection spike after touching that peak, prompting a sideways range as the market seeks a clearer direction. From a technical perspective, a stronger US dollar typically puts downward pressure on gold, making it a more expensive investment for holders. However, examining the chart of GC1! * alongside the DXY shows that even during periods of a robust dollar, gold has continued to rise. Additionally, recent years have seen seasonality effects on gold largely ignored, with the yellow metal persistently climbing. The underlying reasons are multifaceted, but a key factor is gold’s status as a safe-haven asset—investors prefer to hold gold during times of uncertainty and economic turmoil. * GOLD and DXY correlation Looking ahead, investors are awaiting the Federal Reserve’s upcoming monetary policy announcement scheduled for Wednesday. According to the CME FedWatch tool, the consensus is that the Fed will keep interest rates steady at 4.25%-4.50%, marking the fifth consecutive meeting with unchanged rates. From both fundamental and technical viewpoints, recent data suggest a cautious outlook. Notably, non-commercial traders added nearly 40,000 long contracts last week, indicating bullish sentiment. Conversely, retail traders have reduced their positions, which could signal a potential shift in market dynamics. The key question remains: where might be a strategic entry point if gold resumes its upward trend? In the chart, I’ve highlighted two daily demand zones and a strong weekly demand area. There’s a possibility that the price may not revisit the weekly demand zone to accommodate new longs, instead triggering entry signals from one of the daily demand zones. I recommend adding these zones to your watchlist as potential entry points. What are your thoughts? I look forward to your insights! ✅ Please share your thoughts about GC1! in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
COMEX:GC1!Long
by FOREXN1
8
ARKK: The Calm Before the Innovation Storm -ALTSEASON Is COMING🚀 ARKK: The Calm Before the Innovation Storm 🌪️ The markets are shifting, and disruption is about to go vertical. ARK Innovation ETF (ARKK) is quietly positioning itself for what could be the most explosive move of this decade. With high-conviction bets in AI, Bitcoin, genomics, and next-gen tech, this isn’t just a fund—it’s a launchpad for exponential growth. This post breaks down exactly why ARKK could go parabolic—and why the smart money is already moving in. 👇 Explosive upside in 2026 ARKK is already up over 24% YTD , showing strong momentum compared to broader markets and signaling early stages of a potential parabolic move . High-conviction concentration in game-changers Top 10 holdings include Tesla, Roku, Zoom, Coinbase, UiPath, Block, Crispr Therapeutics, DraftKings, Shopify, and Exact Sciences. These are leaders in innovation sectors with massive upside potential . Deep exposure to Bitcoin and digital assets Heavy allocation to Coinbase and Block gives indirect exposure to Bitcoin . If BTC breaks into a new cycle high , ARKK stands to benefit significantly. Positioned in exponential growth sectors Focus on AI, genomics, EVs, fintech, robotics, and blockchain , all of which are entering accelerating adoption phases globally. Aggressive smart-money accumulation Cathie Wood’s team continues buying aggressively during dips, reinforcing institutional confidence in the fund’s long-term trajectory. Technical breakout structures forming Ascending triangle and multi-month consolidation breakouts suggest a technical setup primed for explosive upside . Innovation supercycle aligning ARKK's themes are aligned with major global shifts like de-dollarization, decentralized finance, and AI convergence . High beta = massive upside leverage With a beta above 2 , ARKK tends to outperform in bull runs , offering leveraged exposure to innovation without the need for margin. Resurgence of top holdings Names like Coinbase, Tesla, Shopify, and Roku are up 50%–100% YTD , driving ARKK’s NAV growth and fueling bullish sentiment . Long-term vision with short-term catalysts The fund projects 5x returns over the next five years , while Bitcoin halving cycles, tech innovation, and regulatory clarity serve as short-term ignition points . Marty Boots | 17-Year Trader — smash that 👍👍, hit LIKE & SUBSCRIBE, and share your views in the comments below so we can make better trades & grow together!
BITSTAMP:ETHUSDLong
by MartyBoots
41
GOLD The Target Is UP! BUY! My dear subscribers, This is my opinion on the GOLD next move: The instrument tests an important psychological level 3317.7 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 3326.4 My Stop Loss - 3313.0 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
TRADENATION:XAUUSDLong
by AnabelSignals
6
GOLD trades in narrow range after 4 sessions of sharp declineOn Tuesday (July 29), in the Asian market, the spot OANDA:XAUUSD traded in a narrow range after yesterday's sharp decline, and the current gold price is around 3,315 USD/ounce. The OANDA:XAUUSD fell to its lowest level in nearly 3 weeks on Monday, mainly due to the trade agreement reached between the United States and the European Union over the weekend, which boosted the Dollar and risk sentiment. The previous report released by the US Bureau of Labor Statistics showed that the number of US JOLTS jobs unexpectedly increased in May, reaching the highest level since November last year. The number of JOLTS job vacancies in the US in May was 7.769 million, far exceeding the forecast of all economists surveyed. Looking back at the data in April, the number of JOLTS job vacancies also showed an unexpected increase. The JOLTS jobs report is a closely watched labor market data by the Federal Reserve. In addition, the Conference Board of America's Consumer Confidence Index for July is scheduled to be released on the same day and is expected to be 95.8, compared to the previous value of 93.0. The fundamental pressure that gold is under OANDA:XAUUSD came under pressure yesterday and fell to a near three-week low, mainly due to the trade deal between the United States and the European Union (EU) over the weekend, which boosted the Dollar and risk sentiment. Moreover, US President Trump announced “global tariffs” of 15% to 20% on most countries, a change from his previous statement last week. The deal reached by U.S. President Donald Trump and the European Union late last week will impose a 15% tariff on EU goods, half the rate Trump had threatened, easing fears of a wider trade war. The U.S. and Japan also reached a deal last week, and U.S. and Chinese officials resumed talks in Stockholm, Sweden, this week with the goal of extending the tariff deadline by 90 days. Technical Outlook Analysis OANDA:XAUUSD Gold has been on a four-day losing streak, a decline that threatens bullish expectations as its current position gradually deprives it of any room for further upside. Specifically, gold has recovered from the psychological level of $3,300 but the actual recovery is not significant, while it is under pressure from the EMA21 which is currently the closest resistance. On the other hand, gold has fallen below both the long-term and short-term trend channels. If it continues to sell below the 0.382% Fibonacci retracement level, this will confirm a break below the psychological level of $3,300, then the downside target will be around $3,246 in the short term, rather than $3,228. RSI is pointing down, below 50 and still far from the 20-0 area, also showing that in terms of momentum, gold is also under pressure and there is still a lot of room for decline ahead. For gold to be eligible for an increase, it needs to at least bring price activity back above the EMA21, back inside the price channels. On the current daily chart, the technical conditions are more inclined towards the possibility of a decrease. Notable positions will be listed as follows. Support: 3,310 - 3,300 - 3,292 USD Resistance: 3,340 - 3,350 - 3,371 USD SELL XAUUSD PRICE 3355 - 3353⚡️ ↠↠ Stop Loss 3359 →Take Profit 1 3347 ↨ →Take Profit 2 3341 BUY XAUUSD PRICE 3285 - 3287⚡️ ↠↠ Stop Loss 3281 →Take Profit 1 3293 ↨ →Take Profit 2 3299
OANDA:XAUUSDShort
by Xayah_trading
GOLD: Strong Growth Ahead! Long! My dear friends, Today we will analyse GOLD together☺️ The market is at an inflection zone and price has now reached an area around 3,321.22 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move up so we can enter on confirmation, and target the next key level of 3,329.97.Stop-loss is recommended beyond the inflection zone. ❤️Sending you lots of Love and Hugs❤️
FOREXCOM:XAUUSDLong
by FreeXauusdSignals
XAUUSD: Market Analysis and Strategy for July 29Gold Technical Analysis: Daily chart resistance: 3345, support: 3285 4-hour chart resistance: 3340, support: 3300 1-hour chart resistance: 3330, support: 3308. After last week's sharp decline, gold continued its decline yesterday, breaking below its opening low and continuing its downward trend, reaching a low near 3300. In the short term, selling pressure is strong, but the rebound is weak, with a rebound high of 3330. In terms of intraday trading, yesterday's low of 3301 was followed by a rebound. Focus on the resistance range of 3330-3338. Selling is recommended if the price is trading sideways between 3330-3338, with a defense of 3340. If it falls below 3300, the next target will be 3285. Sell: 3338 Buy: 3302 Sell: 3300
OANDA:XAUUSDShort
by ActuaryJ
EUR/USD | Sweeps Liquidity and Rebounds – Eyes on 1.16700!By analyzing the EURUSD chart on the 4-hour timeframe, we can see that after our previous analysis, the price continued its decline and eventually swept the liquidity below 1.15580. Following that, strong demand kicked in, and the pair is currently trading around 1.15810. If the price can hold above this level, we can expect further bullish movement. The next potential targets are 1.1600, 1.16280, 1.16430, and 1.16700. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
15
XAUUSD – Gold Intraday Technical Analysis (15-Min Chart) - July Current Price: 3,323.93 USD Timeframe: 15 minutes Last update: 17:14 UTC+7 - Trend Overview: The 15-minute chart shows a minor recovery after a sharp drop in gold prices. However, overall pressure remains bearish as price continues to trade below all key EMAs (50–100–200), and the bulls have yet to break through significant resistance above. - Key Technical Zones: Nearby Resistance: 3,331.57 (EMA200): dynamic resistance, repeatedly tested but not broken 3,340 – 3,350: supply zone + 0.618 Fibonacci retracement 3,360 – 3,375: strong resistance zone (purple box), previous major rejection area Nearby Support: 3,321.70 – 3,319.34 (EMA50 – EMA100): also aligns with 0.382 Fibonacci support 3,309 – 3,310: previous low, potential demand zone on deeper pullback - Technical Analysis: EMA & Structure: Price is testing EMA200 (3,331.57) – a key level to watch for confirmation of any trend reversal. However, the larger trend remains bearish as long as this resistance holds. EMA9 and EMA20 have crossed above EMA50, suggesting short-term bullish momentum, though not yet strong enough to confirm a full reversal. Volume Analysis: Recent bullish candles were supported by higher volume, but the current rally is weakening in volume – a sign of fading buying pressure. RSI (not shown but recommended): Watch for RSI break above 60 to signal potential continuation toward higher resistance levels. - Trading Strategies: Scenario 1 – Sell at Resistance (Sell on Rally): Entry zone: around 3,330 – 3,335 Stop loss: above 3,340 Targets: 3,320 → 3,310 Rationale: Price is testing EMA200 and resistance; no confirmed breakout yet Scenario 2 – Short-Term Buy on Dip: Entry zone: 3,319 – 3,321 (EMA50/100 confluence) Stop loss: below 3,308 Targets: 3,330 – 3,335 Rationale: Minor support holding, potential short bounce if price stabilizes - Conclusion: Gold is attempting a short-term rebound, but the broader trend remains bearish unless price breaks above 3,340 – 3,350 resistance. For now, focus on short setups at resistance and scalping small bounces from strong support zones. Follow to receive more daily strategies – and don’t forget to save this if you find it useful. Got a different view on gold today? Let’s discuss it in the comments!
FX:XAUUSD
by Henrybillion
GOLD Slips as Dollar Gains on Trade Deal – Bearish Below 3349 Gold Pares Gains as USD Strengthens on Trade Deal Ahead of Fed Gold gave up early gains, pressured by a stronger U.S. dollar after the announcement of the US–EU trade agreement. Meanwhile, attention shifts to upcoming U.S.–China negotiations later today, as both sides aim to extend the current trade truce and avoid new tariffs. Investors are also closely watching the Federal Reserve’s policy decision on Wednesday, seeking signals on future interest rate moves. TECHNICAL OUTLOOK: Gold maintains a bearish trend while trading below 3349, with potential downside toward 3320. A 1H candle close below 3320 – 3312 would confirm extended bearish pressure targeting 3285, driven in part by ongoing geopolitical risks. ⚠️ To shift back to a bullish structure, the price must stabilize above 3349. Key Levels: • Support: 3320 – 3285 – 3256 • Resistance: 3365 – 3375
OANDA:XAUUSDShort
by SroshMayi
The latest trend analysis and layout of the day,flexible adoptio#XAUUSD ⚠️News focus on the Sino-US trade talks, which may affect the gold trend. Since the opening of the market today, gold has been fluctuating in a narrow range in the short term, without giving a clear trading direction🤔, and the short-term trend has not changed much.📊 🚦It remains constrained by resistance and a downward trend. In the short term, we need to pay attention to the 3300 mark below and the support of 3295-3285📈. On the upside, we should pay attention to the short-term suppression level of 3321-3333 and yesterday's high of 3345-3350.📉 In the short term, as long as it does not break through yesterday's high point, the volatile downward trend will not change. 🐂Once it breaks through, the short-term decline will stop, and the market will continue the bull rebound to test 3370~3380 or even 3400 before falling again. Therefore, short-term trading focuses on the 3300 mark below and the long trading opportunities at 3295-3285. On the upside, defend the 3345-3350 highs and establish short positions.🎯 🚀 BUY 3310-3330 🚀 TP 3321-3333 🚀 BUY 3295-3285 🚀 TP 3310-3330 🚀 SELL 3320-3330 🚀 TP 3310-3300 🚀 SELL 3345-3350 🚀 TP 3330-3285
OANDA:XAUUSDLong
by Halson_Winston
DeGRAM | GOLD broke the rising channel📊 Technical Analysis ● XAU printed a false break above the 3 400 wedge roof, then sliced back through the rising mid-channel, closing under the wedge base at 3 309 - a classic bull-trap that flips that band into resistance. ● Momentum has rolled over, and the break of July’s micro up-trend opens room to the broad triangle floor/May trend-pivot near 3 246; successive lower-highs since 24 Jul confirm bearish control. 💡 Fundamental Analysis ● Hot US Q2-GDP and sticky core-PCE lifted 2-yr yields to one-month highs, reviving the dollar bid, while cautious ECB guidance tempers euro gold demand. ✨ Summary Sell 3 309-3 335; hold below 3 309 targets 3 246 ▶ 3 200. Invalidate on an H4 close above 3 366. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
OANDA:XAUUSDShort
by DeGRAM
13
XAUUSD under pressure – Is the downtrend just beginning?Hello everyone! What do you think about XAUUSD right now? Yesterday, XAUUSD extended its decline and is currently trading around 3,315 USD. The recent drop in gold prices was mainly triggered by a stronger US dollar, following a trade agreement between the US and the European Union (EU). From a technical perspective, the short-term outlook shows the beginning of a new downtrend. Notably, we see a bearish crossover in the EMA 34 and 89, along with a break of the previous upward trendline—both reinforcing the current bearish momentum. If there’s a pullback before the next leg down, the 0.5–0.618 Fibonacci retracement zone (which also aligns with resistance and the EMAs) will be a key area to watch. This could be an ideal level for potential trade setups. Looking ahead, the next support target is around 3,300 USD. If that level breaks, gold might aim for the 32XX region. Do you think XAUUSD will continue to fall? Drop your thoughts in the comments! Wishing you successful and profitable trades!
OANDA:XAUUSDShort
by Kevinn_Nguyen
26
XAUUSD: Demand Rejection or Breakdown? All Eyes on 3,300 ZoneChart Analysis Breakdown (30m TF – Gold/USD) 1. Market Structure Overview Bearish Trend Dominance: The price has shifted into a bearish structure after a Break of Structure (BOS) to the downside, indicating bearish control after failing to sustain higher highs. Lower Highs & Lower Lows: A consistent formation of LHs and LLs confirms bearish momentum. 2. Key Zones & Reactions 🟩 Demand Zone (~3,300–3,310): Current price is reacting from a clearly defined demand zone. Strong buying wick indicates interest and potential short-term bounce. This zone has historical significance — previous reversal point. 🟥 Supply Zone (~3,420–3,445): Price reversed sharply from here. This is a key liquidity zone; expect heavy resistance if price retraces. 🔵 BOS Areas Marked: Confirmed transitions in structure: Bullish BOS followed by a bearish BOS — great illustration of shift in control. 🟨 Consolidation Blocks: Highlighted ranging periods show distribution/accumulation phases before breakouts. 3. Trendlines & Channel Patterns 📉 Descending Trendline: Acts as dynamic resistance. If price retraces to this level (around 3,330–3,340), expect potential rejection unless broken cleanly. 📈 Previous Bullish Channel (Broken): Price moved out of a bullish ascending channel, confirming bearish intent. 4. Ichimoku Cloud Context Price is below the Kumo cloud, suggesting bearish bias remains intact. Future cloud is bearish. However, short-term pullback into cloud possible (especially if demand zone holds). 📊 Forecast & Trade Idea Scenario 1: Bullish Rejection from Demand Price may bounce towards 3,340 (previous S/R + trendline retest). Watch for reaction at this level. Scenario 2: Clean Break of Demand Zone Opens path toward deeper downside (e.g., 3,280 or even lower). Could trigger liquidity grab before reversal.
OANDA:XAUUSDLong
by AllyPipsExpert
1
GOLD → Retest of trend support. Consolidation...GOLD is consolidating below the previously broken trend support. On Sunday, Trump announced a trade deal with the EU, which is putting pressure on the market along with the rising dollar... Gold rebounded from support at $3310 after a week-long low, interrupting a three-day decline amid profit-taking. However, the overall downtrend remains intact as markets brace for a busy week with the release of US GDP data and the Fed's decision. Optimism surrounding US-China trade talks and the US-EU framework agreement is reducing demand for safe-haven assets. Additional pressure on gold is coming from easing geopolitical tensions: Thailand and Cambodia have agreed to ceasefire talks. The metal's recovery may be short-lived. Technically, we have global and local bullish trends, against which gold is testing support, but as we can see, buyers are trying to hold back the decline due to uncertainty over interest rates. There is a chance that we will see active action by the Fed, behind which lies a rate cut, this week... Resistance levels: 3345, 3375 Support levels: 3320, 3287 At the moment, I do not see a proper reaction to the support breakout. The price is consolidating after confirming the key trigger at 3345. Thus, if the price starts to return to 3345, test and consolidate above the level, we will have a chance for growth. I do not rule out a liquidity grab from 3325 (false breakout) before the rise. BUT! The structure will be broken if the price breaks 3325 - 3320 and begins to consolidate below this zone. In this case, gold may fall to 3287 Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
10
Downward Pressure Resumes After Channel BreakdownXAUUSD OANDA:XAUUSD – Downward Pressure Resumes After Channel Breakdown: Key Levels and Strategy for Today As of the July 29 session, gold (XAUUSD) remains under short-term bearish pressure, having broken below the descending price channel on the 1H timeframe. The market structure confirms a dominant bearish trend as price continues to trade below the EMAs cluster. 1. Price Action and Market Behavior XAUUSD is forming a clear sequence of lower highs and lower lows, confirming a short-term downtrend. Price is currently hovering around $3,316 after breaking below the lower boundary of the channel, signaling potential continuation of the sell-off. 2. Key Resistance and Support Levels Immediate resistance: 3,337 – 3,346 USD (aligned with EMA20, EMA50 and prior channel resistance). Major resistance: 3,378 – 3,385 USD (confluence of Fibo and former high). Near-term support: 3,300 USD (psychological level). Major support: 3,248 USD (projected target based on measured move from channel height). 3. Technical Indicators EMA20 and EMA50 are both below EMA200, forming a classic “death cross” – a strong bearish signal. Volume increased on the breakdown, reinforcing the strength of bearish momentum. RSI remains below 50, indicating weak bullish retracements and room for further downside. 4. Trading Strategy Primary Strategy: Sell on Rally Ideal entry zone: 3,331 – 3,346 USD. Stop Loss: Above 3,353 USD (above key resistance zone). TP1: 3,300 USD. TP2: 3,248 USD (extended target based on breakout structure). Alternative Strategy: Countertrend Long Only consider buy setups if strong reversal candles and bullish RSI divergence appear near 3,248 USD. XAUUSD continues to face downside risk after the channel breakdown. Unless bulls reclaim the 3,337 – 3,346 zone, price is more likely to drift lower toward 3,300 and potentially 3,248. Traders should remain patient and wait for clean setups around these key zones. Follow for more strategies and remember to save this post if you found it helpful. Let me know if you'd like a short version for the TradingView caption or hashtags suggestion.
FX:XAUUSD
by Henrybillion
1
XAUUSD (GOLD) - SCALPING IDEA🧠 Clean Price Action Outlook – Patience Until the Range Breaks Currently, price is consolidating between 3319.97 (resistance) and 3302.27 (support) a well defined short-term range that’s been respected multiple times. Both levels are holding firmly, with wicks and reactions showing that buyers and sellers are actively defending these zones. Right now, I'm not interested in trading inside this chop zone there's too much noise and no clear directional conviction. My focus is on waiting for price to break cleanly out of the range with confirmation. 📈 Bullish Scenario (Buy Plan): If price breaks and closes above 3319.97 on the 30-minute timeframe, that would be the first sign of bullish strength. Ideally, I want to see: A strong bullish candle close above 3319.97 Follow-through in the next candle (not a fakeout or wick trap) Volume pickup or price holding above the level during retest 📍 If this happens, I’ll look to enter long trades on confirmation, with a potential target around 3325.81, which is the next minor resistance. SL would ideally be placed just below the breakout candle or the breakout zone itself depending on the price structure at the time. 📉 Bearish Scenario (Sell Plan): On the flip side, if price breaks down below 3302.27 and closes below it on the 30-minute chart, that opens the door for shorts. Here’s what I want to see: A full candle body close below the level (not just a wick spike) Possibly a retest + rejection of 3302.27 from below Weak price action around the level confirming sellers are in control If that plays out, I’ll consider short entries with an SL above the structure (around 3304+), and a first target around 3296.00, where there’s minor demand. ⚠️ Until Then – No Trade Zone Until we get a confirmed breakout, I’m staying out. No point guessing which side will win the market will show us.
FOREXCOM:XAUUSD
by fxt8