Gold - Short Setup Off Major Trendline Rejection📉 Gold - Short Setup Off Major Trendline Rejection
Gold has broken down through the rising trendline and is now retesting it — the moment of truth! 🧐
🔻 Short Entry: 3,336
🎯 Target: 3,236 (Fib 1.0 + HVN gap fill)
🛑 Stop: 3,346 (Above trendline retest)
⚖️ Risk/Reward: ~1:10
📊 Bonus: High volume node above adds resistance. Bearish volume profile structure confirms the breakdown bias.
Watching for volume to pick up on the move down. Let's see if GC bleeds into August. 🩸📆
GDF1! trade ideas
Gold Futures (GC1!) Long Setup – 0.5 Fib Bounce🟡 Gold Futures (GC1!) Long Setup – 0.5 Fib Bounce
After nailing the long from the bottom and perfectly shorting the top, we’re stepping back in for another calculated move.
📉 Price pulled back to the 0.5 Fibonacci retracement, aligning perfectly with the upward trendline support and a key HVN on the Volume Profile.
📈 Entered long at 3,365 with a tight stop below 3,354 (0.3% risk), targeting the descending trendline near 3,444 for a clean 7.7R setup.
🧠 Context:
Price reacted hard at resistance, but volume support and structure still lean bullish.
Clear invalidation if we break trend and lose 3,350 support cluster.
Let’s see if this bounce gets legs. 🚀
Gold Futures Update – 0.5 Fib Stop Hit, Eyes on 0.618 ConfluenceGold Futures Update – 0.5 Fib Stop Hit, Eyes on 0.618 Confluence
Our initial long setup at the 0.5 Fibonacci retracement level has been stopped out, but the structure remains constructive.
Price is now approaching a key confluence zone at $3,336 , where:
The 0.618 fib retracement from the recent swing low to high aligns perfectly,
The ascending trendline support (respected multiple times since May) intersects, and
The oint of Control (POC) from the visible volume profile shows dominant volume transacted.
This area represents a high-probability support level where bulls may attempt to defend again. We’re monitoring for reaction and potential entry signals around this level. A break below would invalidate the rising wedge structure and shift bias toward lower fib extensions.
The Edge Of The Fork - The Joker In Your PocketWOW!
\ \ First of all, I want to say THANK YOU for all the boosts, follows, and comments. You guys & gals give me the energy to continue this journey with you.\ \
Today, I want to show you that what we’ve learned with horizontal lines can also be applied to "Medianlines," or Forks.
Listen, I don’t want you to blow your brain with all the rules.
Not at the beginning of this journey, and not later on either.
Don’t ask yourself:
* when to use which Fork
* which swing to measure
* when to trade
* where to set your stop
* what if... bla bla bla
That’s not fun — that’s stress.
I don’t like stress — nobody does.
So let’s just chill and have fun here.
That’s my personal reason for doing all this Trading thing. I want to have fun — the money will take care of itself, just like the destination of a trail takes care of itself, as long as I keep putting one foot in front of the other. And that’s simple, right?
So let’s do it exactly the same way.
Just simple steps, connecting some dots, and BAM! — You’re there before you even know it §8-)
\ Let’s jump to the chart:\
Today, you’ll find out why Medianlines/Forks are a cousin of the horizontal Channel — but NOT the same.
Where are they different?
Forks are different because they’re capable of projecting the most probable path of price. And that’s a HUGE difference.
Yes, you can apply the full rule set of Forks to a horizontal Channel.
But the Channel CANNOT project the most probable path of price.
I hear you, I hear you: "No one and nothing can foresee the future. How is it even possible that Forks can?"
\ Here’s why:\
There’s a thing called "Statistical Importance." And it means that if something happens very often in the same way, we have a higher chance of seeing the same behavior again in the future.
And that’s what the inventor, Allan Andrews, discovered — and he created the rules around his findings.
\ A high probability that price will move in the direction of the projected path, as long as it stays within the boundaries of the Medianlines/Fork.\
That’s the whole "magic" behind Medianlines/Forks.
And the same applies to the "Behavior of Price" within and around Medianlines. That’s really all there is to it.
Look at the chart and compare the Channel and the Fork:
1. Price reaches the Centerline about 80% of the time
2. HAGOPIAN → price goes farther in the opposite direction than where it came from
3. HAGOPIAN’s rule fulfilled
4. Price reaches the Centerline again
5. Price reaches the other extreme
6. Price reaches the Centerline about 80% of the time
You’ll see the same behavior inside the Fork!
That’s beautiful, isn’t it? §8-)
And here’s a little Joker in your pocket — if you know the difference between the Channel and the Forks!
Do you know what it is?
Yep! You’d automatically know the direction to trade — giving you another 10% edge right out of the box — LONG TRADES ONLY. Because the Fork projects the most probable path of price to the upside, not down.
That's all folks §8-)
Like this lesson?
With a simple boost and/or a little comment, you load my Battery so I can continue my next step on the trail with you.
Thank you for spending your time with me §8-)
Gold Tests Bullish Zone Near $3,380.0Gold dipped from $3,451.0 and is now testing a bullish FVG near $3,380.0, supported by the 50-period SMA and anchored VWAP.
Immediate resistance sits at $3,389.0. A close and hold above this level may trigger a move back to $3,451.0. Conversely, a break below VWAP could extend the downtrend toward $3,337.0, backed by the ascending trendline.
Potential breakout As we observe GC in the Daily timeframe, it's been consolidating in this sort of range for a while now. With the higher lows and 3442 level acting some sort of resistance, we may see some sort of breakout soon. If not, we can see it going back down and MAYBE creating another higher low
#GOLD #XAUUSD Seems to have ended the correction FX_IDC:XAUUSD Gold Spot might have completed the correction as a complex 3-3-5 FLAT, and is currently turning higher in wave (ii), however this get invalidated if THE LAST LOW OF 3268.19 BREAKS. Till the pivot 3268.19 stays strong, the move should be impulsive and take us to new high near term.
GOLD | XAU/GC - Weekly Recap & Gameplan - 03/08/25📈 Market Context:
Gold is currently trading within an accumulation zone as the market begins to price in a potential 0.25% rate cut by the Fed.
This macro expectation is supporting the broader bullish bias in the commodities market.
🧾 Weekly Recap:
• Price broke below the HTF bullish trendline — a key sign of weakness and potential structural shift.
• However, a sharp drop in the DXY (US Dollar Index) provided a bullish tailwind for gold, resulting in a mid-week bounce.
• This mixed action sets the stage for two potential outcomes next week.
📌 Technical Outlook & Game Plan:
I’m preparing for two possible scenarios:
1️⃣ Bearish Scenario (Red Path):
→ Price retests the broken trendline and rejects it
→ Continuation to the downside
→ Play: Short setup
2️⃣ Bullish Scenario (Green Path):
→ Price reclaims the broken trendline and closes above it
→ Continuation higher toward next resistance
→ Play: Long setup
🎯 Setup Trigger:
I will wait for a clear break of structure (BOS) on the 1H–4H timeframe to confirm directional bias.
📋 Trade Management:
• Stoploss: Below the demand zone (for longs) or above supply (for shorts) on the 1H–4H chart
• Target:
→ Bullish: $3,536
→ Bearish: $3,305
💬 Like, follow, and comment if this breakdown supports your trading! More updates, setups, and educational posts coming soon — stay tuned!
BULLISH ON GOLDLet's take a look at some key things happening with gold and why I decided to go long. The first and most convincing factor for me is the market structure shift after taking sell-side liquidity, followed by strong displacement to the upside. We also have equal highs. Additionally, there’s a 4-hour breaker, and if you look at DXY, it has broken down after running ITS buy-side liquidity. Bonds (ZBU2025) are also showing strength. Gold is still in a range market, and right now we are at the range lows. So, even if you're not bullish on gold, it doesn’t make sense to short. I also wouldn’t feel comfortable shorting because of the equal highs above.
INVALIDATION IS RECENT 4HR LOW.
Gold Futures Super Strong Resistance - Price Coming Back StrongGold Future has been very strongly pushing up without filling any gapes in the short side before pushing up more further.
One unique line is probably the target super strong resistance.
In a daily chart, probably better wait until it reaches that point to try to check for strong short entries maybe.
Still arriving there it would explode up even more further to transform that line into a super strong probable support.
Keep watching!
(Do we actually have to believe that gold is secretly targeting $10,000) in the Yearly Chart?... Since February 2022 it just went berserk!)
Gold Range-Bound and Ripe for Mean Reversion Plays?Gold has been locked in a sideways, range-bound regime for months, largely oscillating between the 3400 and 3160 levels. This lack of clear directional trend stems from conflicting fundamental forces: on one hand, sticky inflation and resilient U.S. data have bolstered the U.S. dollar and yields, weighing on gold. On the other, global growth concerns and geopolitical tensions continue to underpin demand for the metal as a safe haven. The push and pull of these opposing themes has created an environment of indecision and choppy price action.
While long-term investors may find this frustrating, range traders and mean reversion strategies are thriving. With technical boundaries so well-defined, short-term oscillations within the range are offering repeated opportunities for disciplined entry and exit.
Currently, XAUUSD is trading just under the 3296 level after a recent rejection from the 3350s. The bearish structure suggests a potential leg down toward the 3160–3180 support zone. However, absent any major economic surprises or geopolitical shocks, this could merely be another deviation from the mean rather than a true breakdown. Indicators like RSI and Stochastic Oscillator are already hinting at early signs of bullish divergence.
If price holds above or near 3160, the setup for another mean-reversion trade back toward the mid-range (around 3296 or higher) could unfold. In the current environment, fading extremes rather than chasing trends remains a strategy of edge, as depicted by the 14 period RSI.
Gold’s Compression Coil Looks Ready to DetonateMGC continues to reject the 50% Fibonacci retracement level from the $3,386.5 swing high, currently trading at $3,347.3. Price has now spent multiple candles trapped under this level, unable to reclaim $3,355, with clear upper wicks and no bullish follow-through.
This is classic midday NY session compression, often setting up a late-day directional move. All signs currently point to continuation lower toward $3,306.2, completing a textbook measured move.
Staakd Probability Model
Based on historical setups where MGC pulls back to 50% and stalls mid-NY:
Scenario Probability
- Continuation down to $3,306.2 68% High-probability path if $3,347 breaks
- Sweep to $3,355–$3,360 before drop. 26%. Possible liquidity grab
- Break and hold above $3,360 6% Invalidation of the short idea
Key Levels
Level
- 100% Fib High $3,386.5 - Swing high
- Supply Zone $3,347–$3,355 - Rejection area + equilibrium zone
- Current Price $3,347.3 - Compression below fib midpoint
- Target Zone $3,306.2 - Measured move / demand structure
- Invalidation $3,360.0+ - Break above this invalidates the short
Trade Idea (Pending Trigger)
- Bias: Bearish
- Entry Zone: $3,345–$3,350
- Target: $3,306.2
- Invalidation: Above $3,360
- Reward-to-Risk: 2.2R–2.5R depending on entry execution
This is shaping into a high-probability continuation setup. NY session has done the heavy lifting: a weak bounce, heavy rejections, and no reclaim of structure. Unless we see a sudden reclaim of $3,355 or a spike in late NY volume, this looks ready to break and expand lower. Keep it simple. Trust the structure. Let price walk itself to the target.
MGC Bear Flag or Dead Cat Bounce? Tokyo’s About to DecideClean structure forming on MGC after a heavy impulse sell during NY session. We’re now consolidating below VWAP in what looks like a textbook bear flag or descending wedge.
We had a sharp breakdown from the highs with no real attempt to reclaim the structure. Price is now compressing underneath the 9/21 EMAs and VWAP clear bear pressure. Volume POC from this range is sitting around 3,332.7, and price can’t even sniff it. Fibonacci 50% retrace off the sell leg aligns with POC stacked resistance.
Entry marked at 3,318.4, targeting a breakdown into 3,268.4 roughly the measured move from the flag.
Quant Confluence:
- Under VWAP
- Below 9 & 21 EMA
- Fib 50% rejection
- Bear flag structure
- POC rejection zone
If I'm Wrong:
If price closes above 3,332.7 (POC) or breaks and holds above VWAP, the bear thesis weakens significantly. Flip long only on a full structure reclaim.
Gold Holds Trendline Amid Rising MomentumFenzoFx—Gold remains above the ascending trendline, trading around $3,386.0. Technical indicators like RSI 14 and Stochastic show rising momentum, reinforcing the bullish bias.
Immediate support lies at $3,347.0. If this holds, XAU/USD may climb toward the monthly VWAP at $3,412.0.
The bullish outlook is invalidated if Gold closes below $3,347.0, which opens the door for further downside toward the next support at $3,307.7.
Gold loading up on buys but first, more drops!Gold is in a place where many are loading up on buys and I understand why. Gold has been taking some significant drops since pushing all time highs but check my charts and reason with me.
In the large timeframes gold still has some movement down to complete the cycle before going back for all time highs again.
Additionally it’s holding the $3388 resistance level (futures price) pretty strong on the 15 minute chart. It’s gonna be an interesting week for gold to say the least.