Close out the Week STRONGLooks like price has found its bottom and is ready to push from here. We are looking for a strong forceful break out from this zone so we can go for the higher levels. Everything looks right from here and value keeps shifting up. I know we should get a solid entry but waiting for it to line up with time.
GDFG2026 trade ideas
Gold explosion will be short livedThe price explosion in gold is solely due to the tariffs.
I don’t even want to go into detail about what impact this will have on the USA. I’ll just say this much: I feel sorry for the American people, and it’s not their fault.
And here, once again, we see the universal law of physics inherent in Median Lines/Forks at work. Right at the center line, the price will pull back and may drift toward the lower median line parallel, should the close occur below the center line.
It seems as though the basic rules of arithmetic are a foreign concept to those in leadership. There is a belief that billions of dollars will now suddenly flow into the U.S. Treasury overnight — which is, of course, complete nonsense. If that were truly the case, the price of gold in London would have risen in step with the U.S. gold price.
Instead, this madness will unfold as yet another act of monumental miscalculation, spreading across the U.S. economy and cementing the debt ledger as if it were the stone tablet of the Ten Commandments.
Let us see what our Median Line/Fork framework will reveal over the coming days.
…and I keep the world in my prayers, that peace may find its way into our thoughts.
Gold is testing minor support and resistance I see gold trying to maintain above the $3400 level. I think today we will test $3390 - $3400 as a support level. If price breaks below $3388 I would entertain sells down to $3360 or $3350
If price bounces off the $3390 level, then I’m immediately looking for buys and looking to hold until $3480 or the end of the week. Which ever comes first.
MGC (Micro Gold Futures) Trade Setup – 12H TimeframeOn the 12-hour timeframe, MGC has returned to the upper boundary of the horizontal range established since April 14, 2025. A surge in positive volume on August 7 was preceded by a sharp uptick beginning August 6, followed today by noticeably shallower volume—suggesting volume exhaustion and a potential pause or retracement.
Given today is Friday, profit-taking pressure may materialize following the rapid ascent that began with the breakout above the intermediate 3,400–3,440 zone on August 6. With no major macroeconomic events scheduled that could fuel further upside momentum, a pullback becomes a plausible scenario.
Illustrative Setup: A Sell Limit entry is considered around the 3,500 mark, with a Stop Loss at 3,550—matching the April 25 all-time high—and a Take Profit at 3,360, which aligns with intermediate support within the larger range. This setup offers a risk-reward ratio of approximately 2.8:1, assuming price reacts to overhead resistance and reverts toward the range’s mid-zone.
This analysis is provided solely for educational and entertainment purposes and does not constitute any form of financial or investment advice. Always manage your risk and trade responsibly.
Gold: $3,348.0 Resistance in Focus for BullsFenzoFx—Gold's decline reached the ascending trendline near $3,314.0. The bullish trend remains intact while price holds above the trendline.
Immediate resistance is $3,348.0, and a close above this level could lift the market toward $3,389.0 and potentially $3,451.0, aligning with recent higher-lows.
Gold Daily Bias – Bulls Have the Ball, But Watch the TrapGold Daily Chart – August Outlook
Bias is still bullish for August.
Price is holding well above the big 3M FVG ($2,900–$3,100).
Strong bounce from Weekly Low ($3,331) heading toward Weekly High ($3,416).
Above $3,416 we’ve got $3,451 (M-H) and ATH ($3,508) as liquidity targets .
Seasonal tailwinds could help push us higher into Q4.
Blind spots to watch:
Still range-bound between $3,330–$3,450 for months — no clean break yet.
Unfilled FVG near $3,210 could be a draw if we reject from resistance.
August liquidity is thin — spikes can reverse fast.
Triple-top risk if we reject near $3,450 again.
Game plan:
Bullish if we get a daily close above $3,416 (confirmation) and ideally above $3,451 to aim for ATH.
If breakout fails, I’ll target range play back toward $3,290–$3,210.
Bias = bullish, but I’m staying nimble.
Gold Update 06AUG2025: Price Tests ResistanceThe Triangle pattern in gold futures remains highly reliable.
Wave E held above the low of Wave C, maintaining the structure.
Price is now testing the Triangle’s upper resistance.
A breakout above this level would confirm the bullish setup.
The target zone remains unchanged: $3,900–$4,300.
Gold – Eyeing the H4 FVG Before the Next Bull RunPrice has been consolidating within the current Asian range after running last week’s high and today’s daily high. The move into D-H lacked strong momentum, and with a large unfilled H4 Fair Value Gap (3,350–3,372) below, I’m anticipating a retracement to rebalance liquidity before resuming the bullish trend.
Key Notes:
D-H (~3,436) acting as short-term resistance.
Watching for a sweep of D-H to create excess on the DOM, then a potential breakdown toward the H4 FVG.
Bearish path targets: 3,397 → 3,372 → 3,350.
Bullish continuation requires a clean breakout and hold above D-H with volume.
This scenario could set up a stronger bullish leg later in the week, especially if the retracement aligns with London or NY session volatility.
Gold Fails to Break Tuesday’s High – H4 FVG Still in SightGold continues to coil beneath Tuesday’s high, showing signs of failed bullish follow-through. Price attempted to press higher but couldn’t break out — a sign that sellers may still be in control. We’re still under key resistance at the Daily High, and that unfilled H4 Fair Value Gap below remains a prime draw.
🧠 My outlook:
Expecting price to run back down toward the H4 FVG.
Watching for a potential stop run above Tuesday’s high to clean up the lack of excess shown on the DOM.
Anticipating the cleanest LONG setup might appear during NY session, but a solid entry could develop during Asian or London for a short if we see early signs of rejection.
Key levels and reactions around D-H and the previous day’s high will be crucial. If the market tips its hand early, I’ll be looking to position short with that FVG as my magnet.
Let me know if you're seeing something different. This feels like a setup that rewards patience and precision.
Gold Setting the Trap: Fake Rally Before the Fall?Gold (GC) Futures are showing signs of a potential reversal after a surprise bullish NY session, likely sparked by headline sentiment (Trump-related news). While the impulse looked strong, we remain below the previous daily high, and structure may still favor a deeper move south.
🔍 Key Notes:
Price is stalling near a high-volume node (~3436–3445).
Possible liquidity sweep above NY highs before reversal.
Watching for confirmation during Asian or London killzone.
Bearish continuation becomes more likely if we break below NY session lows and hold.
Bias: Bearish, targeting rebalancing of the H4 FVG if structure confirms.
Sharing this to track how the algo reacts inside upcoming killzones. Open to thoughts, breakdowns, and alternate reads 👇
GOLD: NEW WEEK TECHNICAL BIAS (MARKET OPEN)CONTEXT
▪︎ HTFs Bias: Bullish stance remains intact until a valid structural breach occurs.
▪︎ Monthly Context: Despite consistent upper wick rejections, price continues to close above prior monthly opens — suggesting bullish resilience.
▪︎ Weekly View: Current price action reflects a Value Compression Phase (VCP) within the premium zone of the active range, implying potential buildup for a bullish Impulse Drive.
▪︎ Daily Alignment: Daily price behavior mirrors the Weekly context, supporting a continuation thesis.
Preferred Scenario: Leaning towards a Retrace Precision Entry (RPE) before the Ascend Sequence resumes. Watching:
• Point A (shallow pullback) near B/C level, or
• Point B (deep pullback) into the pending Rejection Zone (ARB).
Invalidation Trigger: A structural breach below 3336, backed by bearish momentum and microstructure shift, targets first 3280, then levels below.
Uncertainty Variable: Will price first sweep 3433.2 before retracing? Or will it retrace from market open? This remains unclear and demands a patient, reactive stance.
📌 Disclaimer: This is a strategic directional bias, not financial advice. Execute only with confirmation and proper risk management.
Gold’s on a Roller Coaster — and We’re Riding It Down🎢 Gold’s on a Roller Coaster — and We’re Riding It Down 🎢
Gold just snapped up like it saw Trump tweet “TARIFFS ARE BACK” — but the move smells like a knee-jerk algo pump, not real conviction. We just rejected right into a thin-volume imbalance zone and tagged the underside of a long-standing trendline.
📉 Short Setup Locked In:
💥 Entry: 3405
🛑 Stop: 3415
🎯 Target: 3353
💰 R:R ≈ 5:1
🔍 Why I'm In This Trade:
That rip? Total headline panic, not structural strength.
Low volume shelf above, with a massive POC magnet below at 3353.
We tapped the Developing VAH (3414) and got rejected — classic trap setup.
SQZMOM showing the energy is already fizzling. Green flash, no follow-through.
🧠 The Narrative:
Gold’s trying to price in volatility from every angle — Trump talk, tariffs, macro chaos — but under the hood, this pop looks unsustainable. If this is just a liquidity grab, we could see a flush back into the meat of value fast.
Grab your helmets — this roller coaster might just be heading downhill 🎢📉
Gold at All-Time Highs – Blow-Off or Breakdown?Gold has just printed new all-time highs, but I’m approaching with caution. At these levels, everyone long is in profit — leaving no trapped buyers above and only liquidity for smart money to grab.
We kicked off the session with an impulsive spike higher, but this may have been a stop run and liquidity sweep rather than the start of another leg up. If price struggles to hold above that spike or fails on a re-test, we could see sellers step in, targeting the 4H FVG zone below.
For now, I’m watching:
A possible revisit of yesterday’s high to “fix” lack of excess on the DOM
London session reaction to today’s spike high
Potential short setups if buy-side momentum stalls
NY session might deliver the day’s best move, but we could see early opportunities in the Asian and London sessions if price confirms a shift in order flow.
What do you think? Is this a blow-off top in the making, or do buyers have one more push?
GC1! – The Wedge Strikes BackGC1! – The Wedge Strikes Back 🚀
Gold futures (GC1!) just gave us a textbook rollover move. As the front-month rolled, price faked a wedge breakdown, only to rip back inside the structure once rollover completed. That failed breakout speaks volumes – and now the wedge is back in control.
Rollover Trap → Back Inside the Wedge
Rollover volatility flushed price below the wedge, pulling in shorts… but the move didn’t stick. Buyers stepped up and snapped price back inside, turning the wedge’s lower boundary into rock-solid support once again.
The Long Game 🎯
With GC1! holding the wedge:
Longs off wedge support are the play
Resistance: 3,380
Target: 3,446 (upper wedge boundary)
Stop-loss: 3,336 (below support)
Risk/Reward: 🔥 10.69 RRR
Volume Profile also shows heavy accumulation in the 3,336–3,380 zone – crack through 3,380, and we could see momentum accelerate quickly.
Bottom Line
This isn’t just another bounce – it’s a failed breakdown on rollover. Wedge traders are back in the driver’s seat, and the setup offers a crystal-clear invalidation point with serious upside potential.
Gold Update 28 JULY 2025: On The EdgeGold is accurately following the path shown in my earlier post.
Wave D respects the triangle rules, staying below the top of wave B.
Wave E appears nearly complete, even piercing the A–C support line.
This is acceptable as long as wave E stays above the wave C low at $3,251.
Keep a close eye on this invalidation point.
The target range remains unchanged: $3,900–$4,300.
Gold completing a 4-month Bull Flag consolidation, 3800 next! We can see the classic bull flag consolidation pattern which has been going on ever since the stock market decided to go on a rager!
Even with that going on, smart money continues to buy gold on the dips as you should too.
Once Trump installs a phoney new BLS chief and moves to pressure the Fed by nominating a new governor after Kugler's departure the message will be clear:
1) the BLS and the Fed are no longer independent
2) the US dollar is going to tank
3) Gold is going to boom!
Good luck and happy trading!
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!
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