Gold is bullish Long TermLooking at the consolidation of Gold on a daily timeframe, you'd see that gold is still undecided on a reversal. I think that Gold would retest the uptrendline one last time...
What are your thoughts on this?
XAUUSDG trade ideas
Gold Maintains Strong Momentum, Eyes 3435+📊 Market Drivers:
• Gold prices surged as the USD weakened further and U.S. bond yields dropped.
• Investors are increasingly betting that the Fed may cut interest rates in 2025, boosting demand for gold.
• Ongoing trade tensions and expectations of comments from Fed officials are adding to bullish momentum.
📉 Technical Analysis:
• Key Resistance: 3435 – 3440
• Nearest Support: 3410 – 3415
• EMA09: Price is above the EMA09 → confirms short-term uptrend
• Pattern & Momentum: Clean breakout from the 3383–3390 range with strong volume, bullish momentum continues
📌 Outlook:
Gold may continue rising in the short term if it holds above 3415. A pullback could offer a chance to re-enter long positions near new support levels.
________________________________________
💡 Suggested Trade Setup:
🔺 BUY XAU/USD: 3415 – 3418 (on pullback)
🎯 TP: 40/80/200 pips
❌ SL: 3412
🔻 SELL XAU/USD: 3435 – 3438 (key resistance)
🎯 TP: 40/80/200 pips
❌ SL: 3442
Bullish bounce off major support?The Gold (XAU/USD) is falling towards the support level which is a pullback support and could bounce from this level to our take profit.
Entry: 3,365.44
Why we like it:
There is a pullback support that lines up with the 38.2% Fibonacci retracement.
Stop loss: 3,322.77
Why we like it:
There is a pullback support that is slightly below the 78.6% Fibonacci retracement.
Take profit: 3,451.43
Why we like it:
There is a pullback resistance.
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GOLD → Retest of consolidation resistance. Chances of a breakoutFX:XAUUSD bounces off support at 3312, forming a false breakdown at 3320. The price is heading towards consolidation resistance. The chances of continued growth are increasing...
Gold rebounded from its low amid statements by Fed member Waller about a possible rate cut in July. However, strong US sales and labor market data strengthened the dollar and held back XAU/USD growth. Despite statements by some Fed members about maintaining a tight policy, traders continue to expect rate cuts before the end of the year. The focus is on new economic data that could affect the dollar and gold prices.
Technically, consolidation is narrowing, which could lead to distribution. Gold is feeling market support, and after retesting resistance at 3365, we need to watch the price reaction to the level. A pullback and quick retest could increase the chances of a breakout and growth to 3400.
Resistance levels: 3365, 3375
Support levels: 3332, 3320, 3312
There is a high probability that there will be an attempt to break through the consolidation resistance amid expectations of a rate cut. This phase may be accompanied by either a correction to retest and return for a breakout, or a breakout and consolidation of the price above the level. Today, Friday, I expect a retest and correction, as there may not be enough local potential for a breakout of this level, and the price has already lost some of its momentum since the opening of the session...
Best regards, Linda!
XAUUSD 4H Golden Cross preparing a massive break-out.Gold (XAUUSD) has been trading on a 3-week Channel Up, which is approaching its top but at the same time, it's been trading within a 3-month Triangle, which is also approaching its top.
The key here is the formation today of a Golden Cross on the 4H time-frame, the first since May 28. Being at the end of the long-term Triangle pattern is technically translated to the structure's tendency to look for a decisive break-out above its top that attracts volume (buyers).
It is possible to see an initial rejection followed by a break-out that will re-test the top of the Triangle as Support and then follow the long-term trend dynamics. Those are technically bullish and previous break-out in April targeted the 2.618 Fibonacci extension. Our Target remains a little below it at $3770.
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💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
XAU/USD) Bullish trend analysis Read The captionSMC Trading point update
Technical analysis of XAU/USD (Gold) on the 1-hour timeframe. Here’s a breakdown
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Technical Analysis Summary
Descending Channel Breakout
Price action previously formed a descending wedge/channel, shown by the two black trendlines.
A bullish breakout occurred above the trendline, signaling a shift in momentum from bearish to bullish.
Key Support Zone
The yellow highlighted zone (around $3,338–$3,340) is marked as the “new key support level”.
Price is expected to retest this area (confluence with 200 EMA), which aligns with standard bullish breakout behavior.
The green arrow indicates potential bounce confirmation.
Bullish Projection
After the retest, price is projected to climb steadily toward the target point at $3,394.52.
The setup anticipates around 56.27 points upside, or roughly +1.69% gain from the support zone.
---
Target
$3,394.52 – defined using the previous range breakout height and horizontal resistance.
---
Trade Idea
Entry: On bullish confirmation near $3,338 support zone.
Stop Loss: Just below the yellow zone (e.g., under $3,330).
Take Profit: Near $3,394.
Mr SMC Trading point
---
Conclusion
This is a classic breakout-retest-play, supported by trendline structure, a key horizontal support zone, and RSI strength. As long as price respects the highlighted support, the bullish outlook remains valid.
Please support boost 🚀 this analysis)
Gold vs US Dollar (XAUUSD) Technical AnalysisSpotted a clean FVG with sharp rejection off the zone. I’m expecting Gold to bounce up, fill the bearish FVG above, and retest 3,395.80.
Report - 22 jully, 2025Institutional Integrity Crisis at the Federal Reserve:
The Treasury Secretary's demand for a full investigation into the Federal Reserve, alongside President Trump’s repeated attacks on Chair Jerome Powell, has severely shaken institutional confidence. Accusations of mismanagement around a $2.5 billion renovation, public comparisons to failed aviation regulators, and Trump’s flirtation with Powell’s removal for "fraud" have undermined the perception of the Fed as an apolitical, data-dependent central bank. These moves are highly destabilizing at a time when inflation remains elevated (2.7% YoY), tariffs are beginning to bite, and rate-cut odds are growing.
Markets have reacted with mixed tones. The bond market is flashing warning signals, with the yield curve steepening modestly as investors reassess Fed independence and pricing power. Equities, by contrast, have so far displayed resilience thanks to solid earnings and rotation into sectors less sensitive to rates (e.g., financials, healthcare).
The DXY has softened as political risk clouds yield-driven strength. The USDJPY continues to flirt with the 149 level, supported by rate differentials but vulnerable to headline risk. Gold (XAUUSD) has reclaimed a bid after dipping to $3,300, as long-end real rates remain uncertain and central bank buying continues globally.
→ If Powell is removed or constrained, expect a sharp repricing lower in the dollar, upward pressure on gold, and a potential equity volatility spike.
Dividend Shift Map: Signals of Sector Confidence & Fragility
Dividend movements are signaling investor positioning under macro stress:
Boosts from GS (+33%), Citi, UNP, JPM, MS, BK, and PPG point to institutional strength in financials, industrials, and infrastructure.
Cuts from MSB (−78.6%), United-Guardian (−28.6%), VOC (−15.4%) show stress in energy trusts, chemicals, and manufacturing niches, reflecting margin compression and spot price weakness.
The divergence reflects both sectoral dispersion and management outlooks on sustained rate pressures. Dividend payers are drawing capital rotation, particularly in value-heavy indexes like the Dow.
UK–EU SAFE Defense Fund Arrangement: Industrial & Fiscal Implications
The UK’s entry into the €150B EU SAFE fund reopens post-Brexit military-industrial cooperation. However, London must pay a portion of EU subsidies used to buy British arms. France is pressing for higher UK contributions, while Germany seeks compromise. Despite potential fiscal friction, UK defense firms (e.g., BAE Systems, QinetiQ) are likely to benefit from expanded procurement markets, which could support hiring and capex.
For UK assets, this is a mild bullish signal: defense sector outperformance, GBP support, and fiscal clarity despite headline noise.
Japan's Taiwan Evacuation Stance: Strategic Retreat in East Asia
Japan’s unofficial warnings to firms that they would be “on their own” in evacuating staff from Taiwan marks a pivotal moment in East Asian FDI risk. The message, privately circulated since 2022, is now widely acknowledged. Japan’s FDI into Taiwan fell 27% YoY, dropping from $1.7B to $452M. Sectors like semiconductors and materials (JSR, Tokyo Electron) are rethinking exposure.
This stance favors India, Vietnam, and Malaysia as alternate chip/tech hubs. It also suggests increasing strategic divergence within the U.S.–Japan alliance over operational military readiness.
USDJPY could strengthen if investors rotate out of JPY as geopolitical fragility grows. The BOJ’s passive stance adds fuel to this view. Longer term, a global Taiwan contingency premium may build across EM Asia FX and tech equities.
AI Infrastructure Stalls: Stargate’s Failure & OpenAI's Workaround
Stargate, the $500B OpenAI–SoftBank AI infrastructure mega-project, has failed to produce a single data center deal, despite grand White House fanfare in January. Key friction centers on land rights, SoftBank’s SB Energy prioritization, and operational delays. The project is now scaled back to a pilot site in Ohio, down from the original 5GW goal for 2025.
Meanwhile, OpenAI has independently signed a $30B/year, 4.5GW infrastructure deal with Oracle—divorcing from Stargate.
Implications:
SoftBank (9984.T): Damaged reputation; lowered tech credibility short term.
Oracle (ORCL): Strong positioning in AI infrastructure. Bullish long-term.
Infra REITs (DLR, EQIX): Likely beneficiaries as private leasing demand accelerates.
Pentagon’s Rare Earths Intervention: Strategic Subsidization
In a seismic intervention, the U.S. Department of Defense has acquired a stake in MP Materials, guaranteeing NdPr purchases at nearly 2x market prices ($110/kg). The $400M commitment and a 10-year price floor represent unprecedented industrial policy in the critical minerals sector. Apple has already pledged $200M to MP’s magnet output.
The backlash among rivals reflects fears of a “China-style” industrial model—subsidized monopolies. Still, the goal is clear: detach U.S. military supply chains from Chinese materials.
MP Materials (MP): Bullish short and medium term.
Other rare earth startups: Bearish unless similar support is extended.
XAUUSD: No direct impact, but this adds to U.S. industrial policy risk premium supporting metals.
Market Risks & Watchpoints
Powell Removal / Fed Discredit: Dollar tailspin risk. Watch 103.00 DXY.
Taiwan Hotspot Premium: Insurance and chip costs to rise. Monitor EMFX reaction.
Stargate Fallout: SoftBank asset markdowns, but Oracle/Altman momentum persists.
Defense & Arms Politics: UK–EU deal fiscal impact mild; industrial upside for UK arms players.
Dividend Map: Useful real-time sector thermometer. Energy/commodities may face next downgrades.
Weekly Outlook: Gold Builds Pressure – Is the Big Move Coming?📆 Big Picture View
Since the start of 2024, Gold has been moving in a well-defined long-term bullish trend.
Yes, there were meaningful pullbacks along the way — but the direction was never in doubt. Step by step, Gold climbed over 15,000 pips in just over a year, reaching a new all-time high in late April.
📉 Post-ATH: A Period of Stabilization
After peaking, Gold shifted into consolidation mode, with price gravitating around the 3300 zone.
This sideways movement has been ongoing for the past three months, but it’s not a sign of weakness — it’s the market catching its breath.
On the weekly chart, this consolidation is now forming a symmetrical triangle, a classic continuation pattern that often appears mid-trend.
📐 The Technical Setup
- The symmetrical triangle shows compression of volatility
- Buyers and sellers are slowly converging toward a decision point
- A breakout is approaching, and when it comes, it could be explosive
🎯 What’s the Trigger?
- A confirmed break above 3450 would validate the triangle breakout
- That opens the door to quickly test the 3500 round figure
- The measured target for the triangle sits at 3800
Given the time Gold has spent consolidating (3+ months), this target could realistically be reached by year’s end
🧭 Strategic Takeaway
- As long as Gold holds above 3300, the bullish structure remains valid
- Breakout above 3450 is the green light for the next leg up
- Until then, the consolidation continues, and smart money prepares
📌 Conclusion:
Gold is building pressure. The weekly triangle is maturing.
This isn’t the end — it’s the pause before the next move.
Stay patient. Stay focused.
Because if 3450 breaks… 3800 is not a dream — it’s a destination. 🚀
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
P.S: Here you have a short term analysis on Gold
GOLD → Breakthrough accumulation. Correction before growthFX:XAUUSD has been strengthening since the session opened and is heading towards the 3374 zone of interest. The price has previously broken through the consolidation resistance and may test this boundary before moving further.
Gold is rising amid trade risks and dollar weakness. After falling to $3310, gold resumed its growth, seeking to break through the $3368 level. Support for prices was provided by uncertainty surrounding Trump's tariff policy and expectations for Fed Chairman Powell's speech. The US dollar weakened temporarily as investors sought refuge in gold amid trade disputes with the EU, political instability in Japan, and criticism of the Fed from the White House.
Technically, the price is in a realization phase after breaking out of consolidation, but it has encountered resistance at 3368, which could lead to a correction. The focus is on the 3350-3355 zone. If the bulls hold their ground above this zone, the market may return to the realization phase.
Resistance levels: 3368, 3374
Support levels: 3345, 3332
The market is bullish and feels support, especially against the backdrop of a weak dollar. Traders are watching Trump and Powell. If the latter decides to cut rates, for example tomorrow at 12:30 GMT, gold could rally...
Technically, gold could test 3350 before rising.
Best regards, R. Linda!
GOLD-SELL strategy 3 hourly chartGOLD has been positive due to crypto buoyant state of mind. These are very overbought, even though we see each day a higher price, it only means the correction will become very severe, is my person al viewpoint.
Gold techs are starting to become negative, and I feel we should move lower towards $ 3,300 > 3,240 area over-time.
Strategy SELL @ $ 3,385-3,425 and take profit in stages near $ 3,325 - $ 3,247 for now.
Latest Gold Price Update TodayHello everyone, what do you think about the price of gold today?
As the new week begins, gold continues the upward trend started at the end of Friday’s session. As of now, the precious metal is trading around 3356 USD, with the uptrend still being supported.
From a carefully analyzed technical perspective, gold successfully broke out of the downward channel, taking advantage of the weakening USD. The price increase is convincing in the short term, especially after testing and confirming the previous breakout as a new support zone (around 3345 USD).
The upward target is expected to continue, with key levels to watch being 3372 USD and the H4 resistance at 3390 USD.
What do you think about the price of gold today? Feel free to share your thoughts in the comments!
Good luck!
XAUUSD HAS FORMED BEARISH ENGULFING PATTERN. WHAT'S NEXT?XAUUSD HAS FORMED BEARISH ENGULFING PATTERN. WHAT'S NEXT?
XAUUSD has been trading bullish within the last day. The price touched the resistance level of 3,400.00. As a result, the bearish engulfing pattern has formed on 4-h chart.
An engulfing pattern is a two-candle reversal pattern where a smaller candle is followed by a larger one that completely covers it, indicating a potential shift in the trend. A bullish engulfing pattern, which signals a buy signal, occurs in a downtrend when a small red candle is followed by a larger green candle. A bearish engulfing pattern, which signals a sell signal, occurs in an uptrend when a small green candle is followed by a larger red candle. To trade, identify the pattern in a clear trend with high trading volume on the engulfing candle. Enter a buy position (for a bullish engulfing pattern) or a sell/short position (for a bearish engulfing pattern) after the engulfing candle closes, confirming a rebound from support or resistance. Set a stop-loss below the low of the bullish engulfing candle or above the high of the bearish engulfing candle. Aim for the next support or resistance level or aim for a 1:2 risk-reward ratio.
So, here I expect the price to move down towards local support of 3,365.00, where supposedly, the price will start to consolidate.
Why Swing Trading and Scalping Are Opposite Worlds"It's not about the strategy. It's about who you are when the market puts pressure on you."
Most traders fail not because they don’t learn “strategies” — but because they pick a style that doesn't match their temperament.
And nothing creates more damage than confusing swing trading with scalping/intraday trading.
Let’s break them down. For real...
________________________________________
🔵 1. Swing Trader – Chasing Direction, Not Noise
A swing trader does not touch choppy markets.
He’s not here for the sideways grind. He wants momentum.
If there’s no clear trend, he doesn’t trade.
He shifts between assets depending on where real movement is.
• USD weakens → he buys EUR/USD and waits
• Gold breaks → he enters and lets the move develop
Swing trading means positioning with the macro flow, not chasing bottoms and tops.
✅ He trades based on H4/Daily or even Weekly charts
✅ He holds for hundreds of pips.
✅ He accepts contrarian candles in the process.
________________________________________
🔴 2. Scalper/Intraday Trader – The Asset Specialist
A true scalper doesn’t chase trends.
He hunts inefficiencies — quick spikes, fakeouts, liquidity grabs.
✅ Loves range conditions
✅ Lives inside M5–M15
✅ Often trades only one asset he knows like the back of his hand
He doesn’t care what EUR/USD will do this week.
He cares what it does in the next 30 minutes after a breakout.
Scalping is not chaos. It's cold execution with a sniper mindset.
📡 He reacts to news in real time.
He doesn’t predict — he exploits.
________________________________________
🧾 Key Differences – Swing Trader vs. Scalper
________________________________________
🎯 Primary Objective
• Swing Trader: Captures large directional moves over several days.
• Scalper/Intraday: Exploits short-term volatility, aiming for quick, small gains.
________________________________________
🧭 Market Conditions Preference
• Swing Trader: Needs clean, trending markets with clear momentum.
• Scalper/Intraday: Feels comfortable in ranging markets with liquidity spikes and noise.
________________________________________
🔍 Number of Instruments Traded
• Swing Trader: Monitors and rotates through multiple assets (e.g. XAUUSD, EURUSD, indices, BTC, he's going where the money is).
• Scalper/Intraday: Specializes in 1–2 instruments only, knows their behavior in every session.
________________________________________
⏰ Time Spent in Front of the Charts
• Swing Trader: Waits for clean setups, may hold positions for days or weeks.
• Scalper/Intraday: Constant screen time, executes and manages trades actively.
________________________________________
📰 Reaction to News
• Swing Trader: Interprets the macro/fundamental impact and positions accordingly.
• Scalper/Intraday: Reacts live to data releases, wicks, and intraday volatility.
________________________________________
📉 When They Struggle
• Swing Trader: Fails in choppy or directionless markets.
• Scalper/Intraday: Loses edge when the market trends explosively.
________________________________________
🧠 Psychological Requirements
• Swing Trader: Needs patience, confidence in the big picture, and acceptance of drawdown.
• Scalper/Intraday: Needs absolute discipline, emotional detachment, and razor-sharp focus.
________________________________________
✅ Bottom line: They are two different games.
Don’t try to play both on the same chart with the same mindset.
________________________________________
✅ Final Thoughts – Your Edge Is in Alignment, Not Imitation
You don’t pick a trading style because it “sounds cool.”
You pick it because it aligns with:
• Your schedule
• Your attention span
• Your tolerance for uncertainty
If you hate watching candles all day – go swing.
If you hate waiting for days – go intraday.
If you keep switching between both – go journal your pain and come back later.
P.S. Recent Example:
I'm a swing trader. And this week, Gold has been stuck in a range.
What do I do? I wait. No rush, no overtrading. Just patience.
Once the range breaks, I’m ready — in either direction.
But I don’t close after a quick 50–100 pip move. That’s not my game.
I aim for 700+ pips whether it breaks up or down,because on both sides we have major support and resistance levels that matter.
That’s swing trading:
📍 Enter with structure, hold with confidence, exit at significance.
Not every move is worth trading — but the big ones are worth waiting for.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Leg 2 in Progress? | All Eyes on the Possible EDGE around 3400💡 GOLD 4H – MJTrading:
After forming a clean Leg 1 followed by a technical pullback into support, Gold has initiated Leg 2, pushing upward toward the next possible EDGE: 3400.
🟠 Why 3400 Matters
This zone is not just a round number:
It aligns with the long-term downtrend coming from the ATH (3500)
It’s the last reaction high before a deeper correction
There’s likely liquidity resting above — it’s where smart money may make decisions
This is where structure and psychology meet.
And end of 2 possible 2nd leg...
🔄 Possible Scenarios:
🟥 Scenario A – Rejection from the Edge (if could reach):
A reaction from this zone could lead to a pullback toward:
1st Support around 3340-3360
2nd Support near 3250 (also the uptrend line from 3000)
Use these zones to reassess momentum.
🟩 Scenario B – Breakout Above 3400:
A clean break above this structural edge opens the path for:
An “Edge to Edge” move back toward ATH (3500)
Possible higher timeframe trend shift — especially if retest holds
🧠 Our Strategy
We’re long-biased into the edge, not beyond it yet.
Let 3400 show its hand — we stay adaptive, not predictive.
🔍 This chart is intentionally detailed — it's built to educate, not just signal.
Focus on structure, sequence, and behavior — not just levels.
Lets Zoom in around the Breakout area...
And a Zoomout to Daily...
🧭 “If the structure speaks to you, let it echo.”
– MJTrading 🚀
📍#Gold #XAUUSD #TradingView #TechnicalAnalysis #ChartDesigner #MJTrading #MarketStructure #ForexIdeas #Edge
Survive first. Thrive later.🧠 Trading Psychology x Risk Management
"If you can't survive being wrong, you don't deserve to be right."
💬 A calm chart…
A ruthless truth.
Most traders obsess over being right.
But the market only rewards those who manage being wrong.
Risk control isn’t just technical — it’s emotional.
Survive first. Thrive later.
— MJTrading
Psychology Always Matters:
Click on them for notes in the caption...
#MJTrading #ChartDesigner #TradingPsychology #RiskManagement #MindfulTrading #CapitalPreservation #SmartMoney #XAUUSD #ForexDiscipline #15minChart #GoldAnalysis #MentalEdge #Gold
Gold breaks trendline and returns to uptrend. BUY NOW!✏️ OANDA:XAUUSD A deep sweep to 3310 and bounce back to the trading range. Gold is reacting at the Trendline around the price zone of 3344. This is an important price zone that if broken will return to the uptrend and head towards 3373 soon. 3332 plays an important role in the current bullish wave structure, which is a suitable SL placement point for BUY signals.
📉 Key Levels
Support: 3332-3312
Resistance: 3344-3357-3373-3389
BUY trigger: Break and trading above Resistance 3344 (trendline, top uptrend wave 1)
BUY DCA trigger: Break Resistance 3353
Target 3373
Leave your comments on the idea. I am happy to read your views.
GOLD Weekly Recap (Week 29) – MJTrading View📸 Viewing Tip:
🛠️ Some layout elements may shift depending on your screen size.
🔗 View the fixed high-resolution chart here:
Now that you have got the perfect layout let's dive in...
📈 GOLD Weekly Recap (Week 29) – MJTrading View
🕰 Timeframe: 15min chart with bi-weekly perspective
📅 Period Covered: July 14–18 (Week 29)
🎯 Visual Framework: Leg structure, range boundaries, liquidity sweeps, trendline holds, and Real Value Zone.
🔹 Weekly Summary
Open: 3,363.33
High: 3,377.77 (🔴 sweep: trapped buyers)
Low: 3,310.00 (🔴 sweep into key demand + touching the main ascending trendline )
Close: 3,349.98~3350 (lovely round level)
Structure: Entire week played inside a broad consolidation range, with sharp but failed breakouts on both extremes.
Range rules applied: traps, sweeps, compression — everything aligned for responsive trading.
📌 Key Observations
Early Week:
A double-top structure led to rejection from ~3,375 → slid into 3,350.
Price returned to breakeven but then flushed hard toward 3,320 via a clean 2-leg drop.
Midweek:
After forming a double bottom, price created a tiny liquidity sweep, then exploded to the weekly high.
The move above 3,377.77 was a textbook liquidity grab, immediately rejected.
This led to a slide toward the weekly low, tagging both the trendline and consolidation floor — forming a false breakout + reversal.
Late Week:
The low at 3,310 was swept cleanly (🔴), followed by a leg-based reversal:
Leg 1: Up to 3,331
Leg 2: Extended to ~3,360 before fading back inside the range.
Compression:
Price closed inside the Real Value Zone (weekly candle body) — just under the open, forming a tight wedge, hinting at breakout conditions for Week 30.
🟨 Weekly Candle Body
Open → Close of weekly candle reflects Real Value Zone .
Highs and lows were swept, but real commitment stayed within the body.
🧭 Key Levels to Watch – Week 30
Level Role
3,377.77 Weekly High / Liquidity Sweep (🔴 rejection)
3,363.33 Weekly Open (break & hold = bullish bias) / Previous Weekly High
3,350.00 Micro resistance / Mid-structure cap / Round Level
3,331-3 Leg 2 low & first reaction zone / Round Level
3,320.00 Breakdown support / Flush origin
3,310.00 Weekly Low / Major Demand (🔴 sweep)
3,400.00 Next possible main target
3,282.00 Previous Weekly Low
Dynamics: Both Uptrend and Downtrend Lines...
🧠 MJTrading Notes
Bias remains neutral inside the range.
A break & acceptance above 3,363 could trigger a re-test of the sweep zone (3,377+).
A breakdown below 3,331 puts 3,320 → 3,310 back on the map then 3,282.
Don’t force direction — let expansion confirm itself.
🧭 “If the structure speaks to you, let it echo.”
– MJTrading 🚀
#MJTrading #ChartDesigner #GOLD #LiquiditySweep #PriceAction #StructureTrading #Weekly #Chart #Consolidation #2legs
🧠 Psychology always matters:
Gold Outlook – The Range Holds, Direction Still Pending📆 What happened recently?
Since the middle of last week, I’ve been repeating the same core idea like a broken record:
👉 “Gold needs to break out of the range to define its next real move.”
And once again, on Friday, TRADENATION:XAUUSD respected the structure, fluctuating quietly and closing the week right in the middle of the range — no breakout, no confirmation.
📈 Current status:
The new week opened with some bullish interest, and at the time of writing, Gold trades around 3363. Still inside the box.
So far, no technical change, and certainly no resolution.
❓ What am I watching for?
A clear break above 3375 → confirms bullish continuation
A decisive break below 3320 → confirms reversal potential
Until then, everything in between is noise and chop.
🧭 Trading plan:
My stance remains unchanged:
⏳ No position. No bias. Just waiting.
Once we get confirmation in either direction, I’ll take action.
📌 Conclusion:
Gold is still locked inside the range. The market is coiling, but no side is winning yet.
Patience here is a weapon — and I’m keeping it loaded. 🚀
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
XAU/USD BULLISH SETUPThe XAUUSD chart displays a strong bullish setup, with price action moving consistently above the ascending trendline. Recent price movements show a breakout from a consolidation phase, which is confirmed by the Ichimoku cloud providing additional support for upward momentum. The chart highlights a blue demand zone where buyers have stepped in multiple times, indicating strong support and buying interest. The projected move suggests a continuation toward the next resistance zone around the 3400 level, marked as target-1. Previous resistance levels have been successfully retested as support, further strengthening the bullish scenario. The overall market sentiment favours buyers, aiming for higher highs as long as the price stays above the key support levels.
Entry Buy: 3335
Target point: 3397
Stop loss: 3317
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XAUUSD correction in progress Next target 3460-3470XAUUSD was trading in a up trend and currently consolidating, At the fib 0.5 and support channel support trendline both overlap at 3410-3415 area from where the price may resume again up the target can be 3460. let us see.
Gold is rising steadily.Gold technical analysis
Daily chart resistance: 3400, support: 3320
Four-hour chart resistance: 3390, support: 3340
One-hour chart resistance: 3375, support: 3348.
After bottoming out last Thursday, gold began to fluctuate upward on Friday, and the 1-hour bottom structure reappeared, which indicates that a new bullish opportunity has appeared again! It is worth noting that after breaking through 3344 on Friday, it continued to rise to around 3360. Today, after retreating to 3444 in the Asian session, it rose again. 3344 has become the top and bottom conversion position, so we can buy on dips based on the support of 3344. The second is the support at 3331.
In terms of intraday operations, the support below is 3344 and 3331, and it may not fall to around 3344. It is probably waiting to buy in the 3350-55 area. Pay attention to the key resistance around 3377 above. After the 15-minute top pattern appears, sell near this area.
Sell: 3375near
Buy: 3355near
