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Gold short 2.0Here we have the chart of my last 2 gold trades. First trade was took at the top of the first down trend with an entry of 3053, here I was anticipating a move to the 2950 area, at least. It was a profitable trade, I closed half of the position for a 400 pip gain, with my SL then moved to 200 pips in profit - which was then hit on the break of the trend. Following that price action we hit a massive 3 bar surge on the daily, massive move, massive momentum and unfortunately I was not in it! However this morning we seen more crazy move before the London open and I entered another short at 3145 when the STF was showing weakness, this is nicely in profit approaching 400 pips as I write this, SL at entry. On the close of this latest hourly we see we have broke below the major trend, and next I will be looking for a re test of the trend line/area of consolidation where I will add to my position with the overall retracement target remaining a massive 2950 - will i hold it until then? Doubtful!
OANDA:XAUUSDShort
by LiamPHudson
XAU/USD Bullish Pennant Breakout - Trade Setup Toward Target📊 Overview: This 4-hour chart of Gold Spot (XAU/USD) presents a clean bullish pennant breakout followed by a corrective pullback to key support, offering a high-probability trading setup for bullish continuation traders. Gold recently surged above the psychological $3,000 level, but after testing the previous resistance zone / ATH, it retraced back into a critical confluence of support. From a technical perspective, the structure remains bullish, supported by strong trendline dynamics, clean price action, and a well-defined pennant formation. 🔍 Step-by-Step Breakdown: 1. Bullish Pennant Formation A bullish pennant is a continuation pattern that typically occurs after a strong upside rally (the "flagpole"). In this chart: The flagpole began around March 13, with gold moving vertically from ~$2,630 to ~$2,950. This was followed by consolidation between March 19–27, forming a symmetrical triangle pattern with converging trendlines (the pennant body). Volume (if added) would typically decrease during this consolidation phase. On March 27–28, price broke above the pennant, confirming the bullish bias. 📌 This breakout signals that buyers are ready to resume control after taking a breather. 2. Rally & Retest Phase Following the breakout: Price surged to challenge the resistance zone and all-time high (ATH) area, marked between $3,150 – $3,160. A natural pullback occurred due to profit-taking and overbought conditions. This retracement brought price back into the support zone at ~$3,000, intersecting perfectly with: The rising trendline from the pennant breakout A horizontal demand zone (former resistance turned support) A key psychological level ($3,000) 💡 This zone acted as a confluence area, attracting buyers and creating a strong bounce — visible as a bullish engulfing candle. 3. Support & Resistance Analysis ✅ Support Level: $2,990 – $3,010 Marked by previous highs before the breakout Validated by the trendline and price reaction 🚫 Resistance / ATH Level: $3,150 – $3,160 Historic resistance zone that capped the recent rally Price must break this level for further continuation toward the target 4. Trendline Dynamics The dotted trendline acts as a rising support structure. Trendlines in bullish continuations are crucial as they confirm upward momentum. As seen on the chart, price respected the trendline during the recent dip and bounced with strong momentum — a bullish signal. 5. Trade Setup & Risk Management A trade based on this structure should follow strict risk-to-reward discipline. 🛒 Entry Zone: Ideal re-entry lies between $3,030 – $3,040, after confirming the bounce from support. ❌ Stop Loss: Below $2,976, which is under the support zone and trendline. If price breaches this level, the pattern is invalidated. 🎯 Target: Measured move (height of the flagpole) projected from breakout zone gives us a target of around $3,221. The chart also marks this clearly as the "Target" zone. 📈 Risk-to-Reward Ratio: Approximately 1:3, which is attractive for swing trades. 6. Market Psychology & Trader Sentiment The bullish pennant represents temporary indecision, but ultimately market confidence remains strong. The pullback to support reflects healthy profit-taking, not bearish reversal. The bounce from support shows buy-the-dip mentality, a sign that bulls remain in control. 7. Macro & Fundamental Backdrop While the chart is technical, it's wise to factor in macro catalysts: 🏦 Federal Reserve policy: If the Fed holds or cuts rates, gold typically rallies due to lower opportunity cost. 📉 Inflation Data: Rising inflation or expectations can push gold higher as a hedge. 🌍 Geopolitical tensions: Conflicts or economic instability drive safe-haven flows into gold. Staying updated on these events can help validate or hedge your technical outlook. ✅ Conclusion: This chart presents a technically sound bullish continuation setup backed by: A breakout from a bullish pennant A retest and bounce from a confluence support zone A clearly defined risk (stop loss) and reward (target) Traders looking for medium-term opportunities in XAU/USD can consider this as a high-probability setup with logical structure and strong momentum potential. 🔔 TradingView Tag Suggestions: #XAUUSD #Gold #TechnicalAnalysis #BullishPennant #PriceAction #SwingTrade #Forex #TradingSetup #Commodities #GoldBreakout
OANDA:XAUUSDLong
by GoldMasterTrades
Gold is about to test the 3000 supportGold is about to test the 3000 support From the current market, gold continued to fall on Friday and encountered a large amount of selling. It has now hit a low of 3016. Source: The non-agricultural data of the US market will be released tonight, which is obviously bearish, and the gold price has fallen from a high level. At present: the weekly moving average of gold price is suppressed and blocked. After testing the resistance, a short-term long-short reversal is formed, and it retreats and breaks the intraday low. From the overall trend: there is no doubt that the weak pattern of gold is reasonable. It is reasonable to continue to be under pressure and fall. Current pressure: 3050-3055 area, continue to look up to 3060-3070 area, Current support: 3000 mark, there will be a rebound above, and a new round of downward space will be opened below. Upper resistance: focus on 3055 first, and then focus on 3068. If the bulls break through strongly, the gold price is expected to return to 3080. Of course, the possibility of a short-term rise is not great. After all, in the strong and repeated trend, the double top structure formed by 3135 and 3080 has been confirmed. It is expected to continue to break through next week and test the 3000 integer mark. Overall: Gold short-term operation ideas: Short-term focus on the upper side: 3050-3055 resistance Short-term focus on the lower side: 3000-3015 support.
FX:XAUUSD
by Louisa00000
XAU/USD 04 April 2025 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Since last analysis price has printed a bearish CHoCH which is the first indication, but not confirmation of bearish pullback phase initiation. Price is now trading within an established internal range. Intraday Expectation: Price to trade down to either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high priced at 3,187,835 Note: With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment. Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. Price has printed as per yesterday's alternative scenario whereby price has printed a bearish iBOS due to H4 TF being in, although not as yet confirmed, in bearish pullback phase. Intraday Expectation: Price has already traded up to premium of internal 50% EQ, therefore, price to target weak internal low priced at Note: With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment. Trump's tariff announcement will most likely cause considerably increased volatility and whipsaws. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
XAU/USD Analysis – Wedge Breakdown & Bearish Trade Setup1. Chart Overview The 15-minute XAU/USD chart shows a descending wedge pattern forming after a price rally. The wedge is characterized by a series of lower highs and lower lows, signaling a gradual weakening of bullish momentum. After consolidating within this wedge, the price has broken down, suggesting a bearish continuation. This setup provides a high-probability short trade with clear entry, stop-loss, and multiple take-profit levels. 2. Key Technical Elements A) Chart Pattern – Descending Wedge Breakdown A descending wedge is typically a bullish reversal pattern when forming at the bottom of a downtrend. However, in this case, it appears at the end of a corrective move, making it a bearish continuation setup. The upper trendline (black dashed line) acts as resistance, preventing price from breaking higher. The lower trendline (solid blue line) represents temporary support. The wedge narrows as price action contracts, leading to an eventual breakdown. 👉 Breakout Confirmation: The price has broken below the wedge’s support trendline. A minor pullback to retest the broken trendline suggests validation of the breakdown. B) Resistance & Support Levels 1️⃣ Resistance Level (Sell Zone) – $3,100 to $3,135 This area previously acted as a supply zone, rejecting bullish attempts. Price was unable to sustain above this level, leading to further downside pressure. Stop-loss should be placed above this level ($3,135.57) to protect against invalidation. 2️⃣ Support Level (Buy Zone) – $3,050 to $3,056 This was a previous reaction zone where price briefly bounced before continuing lower. Now acting as Take Profit 1 (TP1) at $3,056.58. 3️⃣ Breakout & Retest After breaking the wedge, price retested the trendline but failed to reclaim it, confirming the bearish trend. 3. Trade Setup & Execution 🔵 Entry Point: Short trade activation upon the breakdown and retest of the wedge structure. Price rejection at the trendline confirms seller strength. 🔴 Stop-Loss: Placed at $3,135.57, slightly above recent swing highs. This protects against false breakouts or sudden reversals. 🎯 Take Profit Levels: TP1 ($3,056.58): First target where buyers might step in. TP2 ($3,022.39): Midway target, acting as another strong support. TP3 ($2,985.44): Final target where price may stabilize or reverse. 4. Market Context & Confirmation Indicators 📉 Bearish Confirmation: Strong downward momentum suggests continued selling pressure. Price action is failing to make new highs, confirming lower highs and lower lows. 📊 Risk-to-Reward Ratio (RRR): The trade offers a favorable RRR, as the downside potential is significantly larger than the stop-loss range. ⚡ Additional Confirmation: A strong bearish candle confirmed the breakout, rejecting higher levels. Potential support breakouts suggest that price could reach TP3 if bearish momentum continues. 5. Conclusion – Trading Strategy Summary ✅ Pattern Identified: Descending Wedge Breakdown (Bearish) ✅ Trade Direction: Short (Sell) ✅ Entry Trigger: Breakout & Retest of the Trendline ✅ Stop-Loss: Above $3,135.57 (Wedge Resistance Zone) ✅ Take Profit Targets: TP1: $3,056.58 TP2: $3,022.39 TP3: $2,985.44 📌 Final Thoughts: This setup provides a high-probability trade with a clear breakdown structure and downside potential. If the price continues to respect the bearish trend, reaching all TP levels is likely. However, traders should monitor for reversal signals and manage risk accordingly. 🔔 Risk Warning: Always use proper risk management and adjust positions according to market conditions! 🚀
OANDA:XAUUSDShort
by GoldMasterTrades
aggresive sell set up 3054 APRIL 4 2025 🚀 ULTRA-AGGRESSIVE GOLD (XAU/USD) TRADING PLAN – APRIL 4, 2025 WE TRADE TO MILK THE MARKET EVERYDAY! 🏦💰🔥 ⸻ 📊 Market Overview • Current Price: $3,103.825 • POC (Point of Control): $3,128.059 (Above price, acting as resistance) • Premium Zone: Above $3,128 - Heavy Sell Zone • Equilibrium Zone: Around $3,100 - Neutral Price Zone • Discount Zone: Below $3,080 - Buy Interest ⸻ 🏛 Institutional Order Flow & Liquidity • Smart Money Selling: Price rejected from premium ($3,128), respecting major institutional sell zones. • Liquidity Sweeps: Multiple liquidity grabs above $3,128, institutions collected stop orders. • Volume Delta: Heavy selling pressure confirmed after sweep. (💥) • Order Blocks: Bearish order blocks holding below $3,128. Institutions are currently DISTRIBUTING and selling Gold at premium. 🏦📉 ⸻ 📰 News Headlines & Sentiment • Gold Hit New All-Time Highs but now retracing after tariff news (Trump tariffs). • Market Sentiment: Switching from Risk-Off ➔ Risk-On (DXY rising slightly, equities bouncing) • FED Influence: No emergency cuts, hawkish Fed tone lately = Negative for Gold • Geopolitical Tension: Mild, no extreme uncertainty. Conclusion: Bearish bias short-term. Gold is losing momentum after hitting peaks. ⚡️ ⸻ ✅ Technical Indicators Check Indicator Reading Verdict RSI (7) Mid-zone, slightly bending downward 📉 Sell Bias MACD Bearish crossover confirmed 🔻 Sell Bias 50 EMA vs 200 EMA 50 EMA starting to slope down (momentum loss) 📉 Sell Bias Fibonacci (from low to high) Price retraced below 50% - bearish retracement 🚨 Sell Bias VWAP Price below VWAP 🚫 Sell Bias Volume Selling volume dominant after liquidity sweep 💣 Sell Bias ⸻ ⚡ Execution Plan 🔴 SELL SETUP (HIGH PROBABILITY): • Sell Now: $3,103.5 - $3,104.5 Zone ✅ • Stop-Loss: $3,110 (Above equilibrium + stop hunt protection) ❌ • Take-Profit 1: $3,092 (Previous weak low) 🎯 • Take-Profit 2: $3,080 (Discount zone boundary) 🏁 • Take-Profit 3 (Final): $3,054 (Major liquidity cluster) 🚀 Risk-Reward Ratio: • Minimum 3:1 (PERFECT Institutional Trading Standard) 🏦✅ ⸻ 🔥 FINAL VERDICT: Decision Action Confidence SELL 📉 Sell now or on minor pullbacks 80% HIGH PROBABILITY 🌟 Institutions are selling. Momentum is fading. No strong bullish reversal yet. This is a classic premium distribution phase! ⸻ 🚀 LET’S MILK THE MARKET – ONE STRATEGIC MOVE AT A TIME! TRADE SMART, EXECUTE SHARP, DOMINATE THE MARKET! 🏦💰📈🔥 ⸻ Would you also like me to prepare a ready-to-go text that you can copy-paste into your trading journal for today’s execution record? (Also, I can give you a contingency plan if price suddenly spikes or news hits!) Would you want that too? 🚀✨
OANDA:XAUUSDShort
by MAHARLIKA_FX
1
Gold H1 | Approaching multi-swing-low supportGold (XAU/USD) is falling towards a multi-swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 3,106.58 which is a multi-swing-low support that aligns with the 38.2% Fibonacci retracement. Stop loss is at 3,071.00 which is a level that lies underneath a multi-swing-low support and the 50.0% Fibonacci retracement. Take profit is at 3,162.54 which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FX:XAUUSDLong
by FXCM
Chart Analysis: XAU/USD (Gold vs. USD)### **Gold (XAU/USD) Trade Setup – 45-Minute Chart (M45)** This chart presents a **bullish trade setup** for **Gold (XAU/USD)** based on price action and technical analysis. #### **Key Levels & Setup:** - **Support Zone:** Price has tested and respected the support area multiple times, indicating a strong foundation for potential upside. - **Entry Range:** **3,122 - 3,119** (Marked as a buy entry point). - **Stop Loss (SL):** **3,113** (Below the support level to limit downside risk). - **Target:** **3,178+**, aiming for a **new all-time high (ATH)**. #### **Technical Observations:** - **Triple Bottom Formation:** Price has rejected the same level multiple times (circled in orange), confirming strong support. - **Bullish Momentum:** After breaking above resistance, price shows a strong impulse move upwards. - **Risk-Reward Ratio:** Favorable, with a relatively tight stop-loss and a high potential upside. #### **Trading Plan:** - **Long/Bullish Entry:** Around **3,122 - 3,119** - **Stop Loss:** Below **3,113** to protect against breakdowns. - **Take Profit:** **3,178+** for an expected breakout rally. This setup suggests a potential continuation of the **uptrend**, with **buy opportunities** as long as price holds above the support zone.
OANDA:XAUUSDLong
by Michael-trades-
Wednesday, April 2, 2025: Logical Analysis + Technical AnalysisHello traders, ** ** What happened last night? In the COMEX gold futures market, the open interest for gold saw a **significant increase** in one day, with an addition of 62,187 contracts. Among them, the April 2025 contract increased by 45,428 contracts, which is a very rare and even abnormal surge. Why is this event considered "strange"? 1. **Timing anomaly**: March 31 is the CME's "First Notice Day," when open interest typically begins to decrease as investors either opt for physical delivery of gold or roll over to the next contract. However, this time, open interest not only did not decrease but actually increased significantly. 2. **Abnormal relationship between price and open interest**: Normally, as gold prices rise, investors choose to take profits, leading to a decrease in open interest. Yet this time, while gold prices reached new highs, open interest surged. What does this mean? The 45,428 contracts correspond to approximately 4.5 million ounces of gold, worth about $14 billion at current gold prices. If this is not a data error or operational mistake, it could mean: 1. **A sudden influx of new physical gold demand**: A large amount of capital may have suddenly entered the gold market, preparing for physical delivery. 2. **Demand for deferred delivery being activated early**: Some physical demand that was originally planned for deferred delivery is now being activated ahead of schedule. The sudden surge in physical delivery demand usually indicates that gold prices will rise significantly in the short term. However, there is another possibility to be cautious about: Someone might use massive positions to create a "short squeeze" panic, scaring off short sellers and driving prices higher, only to reverse positions for profit once the market overheats. In other words, the current situation may exhibit characteristics of "baiting" traders, requiring careful attention to risk. Additionally, according to the Wall Street Journal, Trump is considering implementing "broader and higher tariffs" on all countries on April 2 (which is today) and "seeing what happens." Currently, the uncertainty index for U.S. trade policy is about 25% higher than during Trump's Trade War 1.0, and the U.S. economic uncertainty index has reached a historic high. ** ** ** Insider Tips:** On Monday of this week, during the Asian Tokyo session, gold broke upward, reaching a high of 3128. This was a breakout from the consolidation that started during the European morning session last Friday and continued into the Asian morning session on Monday, with the highest point touching the extreme positions of FIBO EXT 1.27-1.414. On Monday, it was suggested to wait for a 4-hour reversal signal before looking for a pullback to enter short positions in gold. TP1: 3084 TP2: 3073 TP3: 3057 On Tuesday, crude oil experienced a brief pullback during the U.S. session, and the 1-hour chart showed that gold ended its consolidation after the U.S. market opened, resulting in a $34 pullback. **Trading Plan for Wednesday to Friday:** On the 4-hour chart, gold is likely to form a bullish reversal signal during the Asian morning session on Wednesday, with the candlestick stabilizing above the EMA. This indicates that the pullback in gold has ended, and the probability of continuing to rise is greater. As long as gold remains stable above the EMA on the 4-hour chart before the non-farm payroll data on Friday, continue to go long on gold: TP1: 3171 TP2: 3185 TP3: 3199 GOOD LUCK! LESS IS MORE!
FOREXCOM:XAUUSDLong
by FUNTRADER-Vera
4.6 Analysis of current gold trend4.6 Analysis of current gold trend Trend judgment: K-line breaks the middle track of Bollinger Bands, short-term bearishness dominates; Bollinger Bands open downward, and the downward wave continues. Key signals: 3000 mark: If it falls below, it will open up downward space (target 2980-2950); if it stabilizes, it may rebound technically (target 3030-3050). 3030-3050 area: If the K-line fluctuates in this area, it can be regarded as a second bottoming out; if it stands firmly at 3055, be alert to a rebound to 3070. Strategy 1. Short order (preferred) Entry: 3050-3055 light position to try short, if it rebounds to 3065-3068, increase the position (stop loss above 3072). Target: 3030→3015→3000 (step reduction). 2. Long order (caution) Entry: Long after the 3005-3010 area stabilizes (stop loss 2997). Target: 3030→3045 (quick in and quick out). 3. Follow up after the break Lower position breaks 3000: chase short (stop loss 3010), target 2980→2950. Upper position breaks 3070: wait and see whether it will fall back to 3055 and stabilize, then consider short-term long (target 3080). Risk warning Sweep market continues: recent volatility is drastic, avoid chasing ups and downs, and wait for key positions to be confirmed. Data and events: Pay attention to the Fed's policy expectations and geopolitical situation. If there is a sudden positive news, the rebound may accelerate.
FOREXCOM:XAUUSD
by Emily357537
IS THE GLOBAL “BIG SHORT” ON ITS WAY?TRADE WAR WARNING – IS THE GLOBAL “BIG SHORT” ON ITS WAY? In the last 24 hours, global financial markets were rattled after Donald Trump unveiled a sweeping set of new global tariffs. This wasn’t just a political move — it may well mark the beginning of a new wave of global economic instability. Markets across the board took a hit: 📉 US, European, and Asian equities 📉 Gold (XAU/USD), the US Dollar Index (DXY), and even crypto — all plunged into the red. 🔍 So, What Actually Happened? Gold dropped by over 100 points in a single session — and strangely, the US dollar also fell. Normally, a weaker USD would support gold. So why did gold sell off this time? ➡️ One likely explanation is that institutional investors sold gold positions to cover losses in equity markets, or to free up margin amidst the chaos. 📉 This wasn’t just a correction — it might be the early signal of a global BIG SHORT forming across multiple asset classes. 🧨 The Start of Something Bigger? Markets aren’t just reacting to tariffs. They’re pricing in the risk of a full-scale trade war, which could disrupt global supply chains and hammer corporate earnings. Industries like construction, healthcare, logistics, and manufacturing are already showing signs of strain. If this escalates, we could be looking at something far more serious than a short-term sell-off. 📉 The Data Doesn’t Look Great Either While inflation in the US continues to cool, other key data points are deteriorating: ISM Services PMI (March): 50.8 (vs 53.0 expected) Employment sub-index: 46.2 (down sharply from 53.9) New orders, export orders and backlogs also fell 👉 These are real signs of economic slowdown, especially considering that services make up over 70% of the US economy. 🧠 Market Sentiment: FOMO, Fear, and Panic At the moment, it’s hard to ignore how unsettled sentiment has become. Retail and institutional traders alike are acting on fear. And that’s dangerous. 🔔 Tonight’s Non-Farm Payrolls (NFP) report could either calm things down — or add more fuel to the fire. 🏦 Will the Fed Cut Rates Sooner? Markets are rapidly shifting their expectations: A rate cut could come as early as May or June 2025 Traders are now pricing in 2 to 4 cuts this year (previously just 2) There’s now a strong chance the Fed pivots earlier than expected If jobs data continues to soften, the Fed may have no choice but to act faster — despite core inflation not yet fully under control. ⚠️ Trading Strategy: Observation Over Action Right now, your best position might be… no position. "Sometimes, the most profitable trade is the one you don’t take." This isn’t the time to chase wild price action. It’s the time to prepare and plan with logic — not emotion. 📊 Key Technical Levels on XAU/USD 🔺 Resistance: 3110 – 3119 – 3136 – 3148 – 3167 🔻 Support: 3086 – 3075 – 3055 – 3040 – 3024 🟢 BUY ZONE: 3056 – 3054 SL: 3050 TP: 3060 – 3064 – 3068 – 3072 – 3076 – 3080 🔴 SELL ZONE: 3148 – 3150 SL: 3154 TP: 3144 – 3140 – 3136 – 3132 – 3128 – 3124 – 3120 💬 Final Thoughts The combination of tariffs, recession fears, and rate cut speculation is building into what could become a perfect storm. Gold is in the eye of that storm. Now is not the time to panic — but to trade with clarity and control. 📌 Don’t let emotion drive your trades. Stick to the chart. Stick to your plan. Protect your capital. 🧠 Patience is what separates the lucky from the consistently profitable.
OANDA:XAUUSDShort
by MMFlowTrading