XAU/USD Symmetrical Triangle Pattern Breakdown – Trading Setup📌 Chart Overview
The chart represents the Gold Spot (XAU/USD) on a 1-hour timeframe, where the price is currently consolidating within a symmetrical triangle pattern. This pattern consists of a series of lower highs and higher lows, indicating market indecision. However, as price approaches the apex of the triangle, a breakout is imminent, making this a high-probability trading opportunity.
The analysis suggests a potential bearish breakdown, with price action likely to drop toward key support levels if the lower boundary of the triangle is breached.
📊 Breakdown of Key Chart Elements
1. Symmetrical Triangle Formation
The symmetrical triangle is a well-known technical pattern that signals a period of consolidation before a significant move. It forms when:
Buyers and sellers struggle for control, resulting in a narrowing price range.
A breakout occurs when one side gains dominance, leading to an expansion in volatility.
In this chart, the price is trapped within the triangle, gradually forming a squeeze, and a breakout is highly likely.
2. Resistance & Support Levels
Understanding key support and resistance zones is crucial in determining the next price direction.
🟧 Resistance Zone (~3,030 – 3,058 USD)
Marked in yellow, this area has acted as a strong resistance.
Multiple rejection points suggest that bulls are struggling to push prices higher.
If price breaks above this zone, it could trigger a bullish rally.
🟦 Support Level (~2,990 USD)
This is a critical support zone that has been tested multiple times.
The lower boundary of the triangle aligns with this level.
A clean breakdown will likely trigger stop losses and aggressive selling pressure.
📉 Expected Breakdown & Price Projection
The price is currently trading near the lower boundary of the symmetrical triangle. Based on technical probabilities, the higher likelihood is a breakdown, which is why the trade setup leans towards a short-selling opportunity.
3. Retesting Area (~3,015 – 3,020 USD)
If price breaks below the triangle, it may retest the broken support before continuing downward.
The retesting area is a critical zone where sellers may re-enter to drive prices lower.
A failed retest (bounce back inside the triangle) would invalidate the bearish setup.
📈 Trading Strategy & Execution Plan
This setup presents a well-structured short-selling opportunity based on the expected breakdown scenario.
🔽 Short Entry Strategy
Entry Confirmation: Short position can be taken once price breaks and closes below 2,990 USD (triangle support).
Retest Entry: If price retests the breakdown zone (around 3,015 – 3,020 USD) and rejects, it confirms the bearish bias.
Aggressive Entry: Traders who take early positions can enter a short once price approaches the lower triangle boundary with a tight stop-loss.
🎯 Target Levels
Upon confirmation of a breakdown, price action is likely to follow a measured move toward the following downside targets:
Target 1: 2,942 USD (first major support level)
Target 2: 2,920 USD (next key demand zone)
These levels are determined by previous price reactions and historical support zones.
🛑 Stop-Loss Placement
To manage risk, a stop-loss should be placed above the recent swing high to protect against a fake breakout.
Safe Stop Loss: Above 3,058 USD (strong resistance zone).
Aggressive Stop Loss: Just above the breakout retest zone (~3,030 USD).
📌 Market Psychology & Risk Management
Traders should consider the psychological aspects behind this setup:
Bullish traders may attempt to defend the support zone, but a failure will lead to panic selling.
Smart money (institutional traders) often use fake breakouts to trap early sellers before driving the price lower.
Wait for confirmation before entering trades to avoid being caught in false moves.
Risk-Reward Ratio (RRR)
Entry: ~2,990 USD
Target 1: 2,942 USD
Target 2: 2,920 USD
Stop Loss: 3,058 USD
This setup offers an excellent risk-to-reward ratio (RRR), making it a high-probability trade.
🔎 Conclusion & Final Thoughts
The symmetrical triangle is at its final stage, and a breakout is imminent.
A break below 2,990 USD will likely confirm a bearish move.
Retesting the breakdown zone (3,015 – 3,020 USD) is crucial for short entries.
Downside targets are 2,942 USD and 2,920 USD based on historical support zones.
Proper risk management is essential—always use stop-losses to mitigate potential losses.
This setup presents a strong opportunity for short traders, but patience is key. Traders should wait for confirmation before committing to a position.
Xauusdshort
Tue 25th Mar 2025 XAU/USD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a XAU/USD Sell. Enjoy the day all. Cheers. Jim
3/25 Gold Signal: 3009-3023 short, 2996-2982 longThe gold price rose above 3012. The long orders entered near 3004-2996 before the closing are currently profitable. From the trend pattern, there is still room for rebound, but it will take some time. During this process, the price may fluctuate. For friends who have already made profits, it is not worthwhile to bear the risk of profit taking, so this order can be closed first. Of course, if you don’t mind this risk, you can continue to hold it. I expect the rebound resistance to be around 3018.
In terms of the current big trend, the better long opportunities may be more inclined to the 2996-2982 area, because this is the starting point of the previous rise, and it can be regarded as a strong support platform. Usually in this case, the probability and amplitude of the rebound will be higher. Of course, if there is a reverse impact from news, asymmetric fluctuations are also possible.
Today’s main focus is the integer support of 3000. If it falls below, consider the support of the large range of 2996-2982, and the second is the resistance of the range of 3015-3023 during the current rebound.
The overall trading plan is that if the price falls below 3000, long positions will be opened in batches in the 2998-2986 range. If the rebound cannot break through 3023, short positions will be traded in batches in the 3009-3021 range.
I will update the specific transaction details in real time, so you can check them in time. If you have any questions, please leave a message at any time.
Gold focuses on suppression near 3038 aboveThe hourly chart suppression point of gold is around 3038. As long as the trend line is not stable, gold may still retreat. At present, we need to pay attention to whether 3038 can be stabilized. As long as you do not stand firmly above this position, you can rely on the 3030-40 range to go short.
XAU/USD: Today's Trading StrategyAfter a series of consecutive rallies, gold has started to decline. Currently, pay attention to the short-term resistance level around 3035. You can start shorting when the price reaches this area.
xauusd sell@3035-3040
tp1:3006
tp2:2986
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XAUUSD:Continue short - selling at night.As long as gold doesn't stage a strong rally this week, the hourly moving averages of gold may continue to head downward. Eventually, if a bearish death cross and a short - biased arrangement are formed, the downside potential of gold can be truly unlocked. The resistance of the gold moving averages has now shifted down to around 3036. Therefore, there is still some resistance within this range.
Continue to engage in short - selling at high levels around the resistance of 3033. As long as this level remains unbroken, the strategy of shorting at highs between 3030 - 3033 remains unchanged. Set a stop - loss at 3040 and a take - profit at 3010. Be cautious of risks.
XAUUSD Trading Strategy:
sell@3030-3035
TP:3010
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Gold starts to pull back, continue to shortSince gold has already started to adjust at a high level, and gold bears have gradually started to exert their strength, can gold fall below 3000 again? We will wait and see.
Operation ideas:
It is recommended to go short at 3035-3030, stop loss at 3045, and target at 3005-3000;
XAUUSD:If you don’t know how to trade. You can see here.Last week, a large number of traders followed my exclusive trading opportunities and made great progress on XAUUSD, and they all made good profits.
Dear traders, are you still wondering how to trade XAUUSD? Short or buy? You can look here.
XAUUSD: The geopolitical preparations between Russia and Ukraine have ended, and the tariff issue has also been eased. So some investors thought that the bear market would come, and seemed to be fully prepared. However, the news that reversed again over the weekend brought some support to the decline of XAUUSD. The relationship between Gaza, Israel, Russia, and Ukraine intensified again over the weekend. The London market has a short-term slight pressure of 3026-3030.
From the trend, it does look like a bear, but remember that under the influence of the dominant news, technical indicators have no auxiliary reference function. So in the short term, if XAUUSD retreats to 2915, it is mainly long.
If you don’t know where to follow. Remember to pay attention to the latest real-time news in the analysis circle. Or leave me a message. In this way, you can get exclusive trading opportunities and successfully expand profits. Remember to like and support after reading! !
Go short first, then go long, and grasp the rhythmGold overall rose and fell last week. After three consecutive positive weekly lines, the upper shadow line was closed. On Friday, it walked out of the adjustment space. The short-term rise slowed down slightly, and it was more inclined to fluctuate at a high level. The daily line turned negative and retreated to correct, and it was in a partial adjustment stage. In the 4H cycle, it did not stabilize above the 3047-57 mark mentioned earlier, so it walked out of the second downward exploration space, but combined with the intact structure of the three-month rising channel, the current retracement is more inclined to technical correction rather than trend reversal. From a spatial point of view, the 3030 line as the midpoint of the channel constitutes the primary resistance. If this position cannot be effectively broken through, the gold price may test the support of the 3000 integer mark downward. It is worth noting that the static resistance formed near 3050 resonates with the recent fundamental negatives, further suppressing the upward space.
The current strategy needs to focus on whether the 3026 opening high can be recovered in the oscillation range. If it stabilizes, it will be seen to 3035 last week's opening point; on the contrary, if it falls below the 3010 short-term moving average support, the shorts can follow the trend to the expected 3000 mark. It is recommended to adopt the range trading mode, and operate back and forth between high and low in the range of 3000-3035. Technically, we need to be alert to the stagflation signal formed by the continuous shortening of MACD and the closing of Bollinger Bands. It is recommended to avoid chasing highs and focus on the impact of US CPI data on the market.
Gold operation advice: Go short after rebounding around 3030-3040. Go long after stepping back to 3010-3000.If you don’t know when to enter the market, you can follow me. I will release specific signals in real time. Remember to pay attention in time.
XAUUSD Strategy AnalysisGold is trading in a narrow range consolidation, with the current move merely a rebound. Friday's decline has pressured short-term gold bulls, suggesting that short positions can be initiated after the rebound.
From a 4-hour technical analysis perspective, today's near-term resistance lies around 3040-3045, while support is seen at 3000-3005. Exercise caution in chasing positions at mid-range levels and patiently await key level entry points.
XAUUSD short-term trading strategy
buy @:3020-3025
sl 3010
tp 3035-3040
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Gold: Trading signals during the European sessionGold is now making its first attempt at resistance. In this process, we can use the black trend line below and the purple trend line as reference support.
If the price does not actually fall below the test, there is a high probability that it will reach the 3037-3044 area. Therefore, during the European trading period, the 3037-3044 area can be used as an opportunity to enter the short position.
At the same time, pay attention to the long opportunities brought by the support area. For conservative trading, the area near 3025 can be used as an entry time.
XAU/USD – Triple Top Formation & Bearish Breakdown Potential📌 Overview of the Chart
This chart presents the XAU/USD (Gold Spot vs. USD) price action on a 15-minute timeframe, highlighting a classic Triple Top pattern. The Triple Top is a well-known bearish reversal pattern that forms after an extended uptrend. It signals that buyers have attempted to push the price higher multiple times but failed, indicating weakening bullish momentum.
This pattern is crucial for traders as it often precedes a trend reversal. The breakdown below the neckline (support level) confirms that selling pressure is taking over, leading to a potential decline.
📊 Identifying the Triple Top Formation
A Triple Top pattern consists of three peaks (Top 1, Top 2, and Top 3) at nearly the same resistance level. Here’s a detailed breakdown of its formation:
🔹 Step 1: Price Uptrend Leading to Resistance
Before the pattern develops, the price follows a strong uptrend with buyers dominating.
The price reaches a key resistance level and faces rejection (Top 1), signaling initial weakness.
🔹 Step 2: Repeated Attempts to Break Resistance
After pulling back slightly, buyers make another attempt to break through resistance (Top 2), but fail again.
This signals that sellers are actively defending this price zone.
🔹 Step 3: Final Rejection & Breakdown Setup
The third attempt (Top 3) fails to break resistance once more.
This repeated rejection confirms a Triple Top formation.
The price then moves toward the neckline (support level), which is a critical area for the bearish breakdown.
📉 Trading Setup & Execution Strategy
✅ Entry Point – When to Open a Short Position?
A short position is confirmed when the price breaks below the neckline with a strong bearish candlestick.
A breakdown with high volume strengthens the bearish confirmation.
Conservative traders may wait for a retest of the broken neckline before entering.
❌ Stop Loss Placement – Managing Risk
The stop loss should be placed above the highest peak ($3,039.076), ensuring protection against false breakouts.
If the price moves above this level, the Triple Top pattern fails, and the bearish setup is invalidated.
🎯 Profit Targets – Where to Exit?
After the breakdown, price action usually follows a measured move based on the height of the pattern. The following target levels are identified:
1️⃣ First Target: $3,000.962 → A key support level where price may pause.
2️⃣ Second Target: $2,991.766 → A deeper support area that aligns with the price projection from the pattern.
Risk-Reward Ratio: The trade setup offers a favorable risk-to-reward ratio, making it an attractive opportunity for short sellers.
📈 Confirmation Signals to Strengthen the Setup
To increase the probability of a successful trade, look for additional confirmations:
🔸 Volume Analysis:
A spike in selling volume at the neckline breakdown suggests strong bearish conviction.
Low volume breakdowns may indicate a false move, requiring extra caution.
🔸 Retest of the Neckline:
Sometimes, after breaking below the neckline, the price retests the level before continuing downward.
This provides a secondary entry opportunity for traders who missed the initial breakdown.
🔸 RSI & Momentum Indicators:
If RSI (Relative Strength Index) shows bearish divergence, it adds confidence to the downside move.
Momentum indicators like MACD crossing bearish further confirm selling pressure.
📍 Key Considerations & Risk Management
🔹 False Breakout Risk: If price bounces back above the neckline after the breakdown, it could be a false move. Waiting for confirmation reduces this risk.
🔹 Macro Fundamentals: Gold prices are sensitive to economic news, interest rates, and geopolitical events. Unexpected fundamental shifts can impact the pattern’s reliability.
🔹 Trailing Stop Strategy: To protect profits, traders can use a trailing stop-loss, adjusting as the price moves toward targets.
🔍 Summary & Trading Plan
📊 Pattern: Triple Top (Bearish Reversal)
📉 Bias: Bearish (Short Setup)
🛠️ Entry: Sell below neckline confirmation
🎯 Targets:
Target 1: $3,000.96
Target 2: $2,991.76
🚨 Stop Loss: Above $3,039
💡 Final Thoughts
The Triple Top pattern on XAU/USD suggests a high-probability bearish setup. A confirmed neckline breakdown signals selling pressure, with price targets well-aligned with historical support zones. Patience and confirmation are key—watch for a clean breakdown or a potential retest before entering.
Would you like any modifications or additional insights? 🚀
Golden Signal: Go Short in the 3027-3037 AreaLast Friday, gold rebounded to near resistance. Although the indicator in the 30M level chart shows that there is still some rebound momentum, the space is not very large, because the head and shoulders pattern has appeared in the early stage, and the pressure on the bulls is still very large.
Therefore, in the intraday trading on Monday, we can focus on short trading around the resistance area of 3027-3040. The single needle bottoming provides good support, so TP does not need to be set too large for the time being. The previous rising point of 3007 is used as a reference support, and TP is controlled in the range of $10-$16. Personally, it is expected to be in the 3018-3011 area.
I will update the specific trading information during the intraday, please pay attention to the content of the intraday update. If you have any questions, you can leave me a message, and I will reply to you in time when I see it.
I wish you all a prosperous new week!
Potential Gold price decline in the coming weekHello traders,
Gold experienced a significant decline during the last two days of the previous trading week. On Friday, we saw a break below the 3022 level, which led to a shift in market sentiment. While the long-term bullish momentum remains intact, the current price action suggests a strong pullback may be underway, potentially continuing into the coming week.
We should closely monitor the 3028 level for a potential selling opportunity, with the first target set at last week's low of 2999, and an extended target around 2966.
However, if Gold reclaims 3040, we may see bullish momentum resume, given the ongoing geopolitical tensions and risk-off sentiment, which means we need to be very careful and stick to a trading plan.
How do you plan to trade Gold this week? Share your thoughts in the comments!
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Next week's market strategy analysisGold fell on Friday, falling to the lowest level of 2999 and then began to rebound strongly. Overall, if we say that gold has peaked now, it is too early, because there are still many uncertainties to stimulate the increase in risk aversion, so it is possible that gold will rise again. However, the impact of the news is only one aspect of our reference. However, the impact of news is only one aspect for our reference. After all, a lot of information cannot be known in time. We can only say that we should pay attention to the existence of this risk factor, so we still start from the technical level. There is still room for gold to rebound next week. We will first focus on the short-term suppression of 3025-30.
From the hourly analysis, pay attention to the support of 3005-3000 below. If it does not break after the retracement, continue to be bullish. Pay attention to the short-term suppression of 3025-3030 above, and focus on the suppression of 3045-57 above. The operation still maintains the same rhythm of the main multi-trend. If you don’t know when to enter the market, you can pay attention to me. I will release specific signals in real time and pay attention to it in time.
Gold operation strategy for next week: Gold will go long after stepping back from 3005-3000, and the target is 3025-3030.
(XAU/USD) Forming a Bearish Reversal–Key Short Setup Unfolding!Chart Pattern: Head and Shoulders Formation
The chart shows a potential Head and Shoulders pattern, which is a bearish reversal setup. The head is the highest peak, while the two shoulders form lower highs on both sides. The price has already broken below the neckline, indicating a sell opportunity.
Key Levels:
Resistance Levels:
$3,055.29 – Major resistance
$3,046.10 – Key level near recent highs
$3,030.58 – Short-term resistance where price is currently retesting
Support Levels (Potential Targets):
$2,981.18 – First support level
$2,939.81 - $2,931.99 – Strong demand zone
$2,881.49 – Major support level
Trade Setup:
Entry:
The price has broken below the neckline and is currently retesting the breakdown zone (~$3,030.58).
If the retest holds, it confirms a sell entry opportunity.
Target:
First target near $2,981.18
Second target around $2,939.81 - $2,931.99
Final target at $2,881.49 for a deeper correction
Stop-Loss:
A stop-loss above $3,046.10 to minimize risk
Market Sentiment:
The break below the neckline and a possible rejection at the retest area suggest further downside potential.
If buyers push the price above $3,046.10, the bearish outlook would be invalidated.
This setup presents a high-probability short trade if confirmation follows through after the retest. Traders should monitor price action around the retest zone before entering a position. 🚨📉
Analysis and Forecast of Gold Price Next WeekOn Friday evening, the spot gold price broke below the key support level of $3,000, which was in line with previous expectations. After reaching a phased high of $3,057, the market witnessed a rather significant downward movement.
However, the support at the $3,000 level was relatively strong. Although the price briefly fell below this level, it failed to stabilize effectively.
During the late trading session, the gold price rebounded technically and recovered to around $3,020.
Based on the current technical analysis and market sentiment, it is expected that the gold price will continue its weak downward trend next week, accompanied by certain corrective retracement.
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Gold Falls from Peak, but Rate Cut Hopes Keep Outlook Positive● Gold prices fell after hitting a high at $3057.59 due to a stronger US dollar, making it more expensive for overseas buyers.
● Despite this, gold is set for its third consecutive weekly gain, up 0.7% this week.
● Market participants expect at least two US Federal Reserve rate cuts this year, supporting gold's long-term bullish outlook.
◉ Technical Observations
● While moving through the rising parallel channel, the price has just faced resistance from the upper boundary and is expected to have a pullback towards $2,950.
● If the price slips below this level, the next strong support is expected near $2,790.