XAUUSD 📌 Gold has surged over $400 in just six trading days—a textbook example of an extreme short squeeze!
Yesterday, gold broke above the 3300 psychological barrier and is now trading above 3360. While safe-haven demand driven by escalating trade tensions is part of the reason, such a rapid and steep rally is clearly unsustainable.
⚠️ If you enter at these levels and get trapped, trying to "hold and hope" could result in facing $100+ of price swings—a dangerous gamble for most traders.
👉 Experienced traders might manage this volatility with scalping or short-term strategies to mitigate losses or even turn a profit. ❌ But if you don’t have that level of skill, don’t chase this rally blindly.
✅ Suggested approach:
Scale into short positions gradually, or
Wait for clear topping signals before going short
Missing this rally isn’t the end—some of the best opportunities come during corrections. Profit potential remains strong on the way down.
XAUUSD A five-wave structure is nearing its final leg RSI is showing bearish divergence Volume is surging at the top — a classic sign of distribution GOLDGC1!GLDIdea: Gold: Reversal Is Near
XAUUSDGC1!MGC1! 📈 Gold has surged as expected into the 3260–3280 key short zone. We closed our long positions in time and switched to shorts, locking in early profits—congrats to everyone who followed the plan! ✅
The market is moving fast, and while bullish momentum hasn’t completely faded, be cautious—a sudden pullback could occur at any moment. Avoid chasing long positions above 3280, as risk of a reversal increases sharply at these levels.
Going forward, the focus should be on: selling at highs, taking profits on long positions near support, and managing risk with precision. 📊
XAUUSDMGC1!GOLD Yesterday, gold moved within a narrow range, as anticipated. After rising toward the 3230 level, it encountered selling pressure and pulled back, which provided us with some profitable short-term opportunities.
Currently, gold has broken above 3240 and continues to climb steadily. A conservative estimate suggests that a push toward 3250 is achievable without much resistance. However, this is a new high, and after a rapid ascent, it’s common to see profit-taking from long positions and short sellers entering the market from the sidelines. Therefore, chasing long positions at current levels carries increased risk and should be approached with caution.
Today’s Trading Recommendations:
Sell Zone: 3255 – 3270 A potential resistance zone where short positions may be considered.
Buy Zone: 3178 – 3158 Key support area for initiating long positions if the price corrects.
Range Trading Zones:
3240 – 3220
3188 – 3220 Suitable for flexible trading strategies based on real-time price action and candlestick signals.
Summary: While gold remains in an uptrend, the market is approaching a sensitive area where both selling pressure and volatility may increase. Be cautious with chasing highs, and focus on technical levels for strategic entries and exits. The potential for a short-term reversal or pullback remains if resistance holds strong.
XAUUSDGC1!GOLD1! Gold has been trading in a narrow range at high levels today, with some selling pressure being released. However, the current technical structure is unfavorable to bulls, and traders should pay close attention heading into Wednesday and Thursday, as a potential pullback could be significant.
🔻 Bearish Scenario: If a correction begins, the 3168–3158 zone is expected to be tested. If this support fails, the market could further drop toward the 3137–3106 area.
🔺 Bullish Breakout Scenario: If the price breaks higher, 3260–3280 is seen as an ideal short entry zone, given the resistance overhead and current price structure.
📌 Strategy Reminder: We are now at elevated levels with limited upward momentum. Avoid impulsive long entries and focus on patience and risk control. Proper timing will offer the best opportunities in this environment.