Get started
GOLD / US DOLLAR KILOGOLD / US DOLLAR KILOGOLD / US DOLLAR KILO

GOLD / US DOLLAR KILO

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals

XAUUSDK trade ideas

"Stealing Gold Profits: XAU/USD Long Setup (Risk-Reward Heist)"🔥 GOLD HEIST ALERT: XAU/USD Breakout Robbery Plan (Long Setup) 🔥 🌟 Hi! Hola! Ola! Bonjour! Hallo! Marhaba! 🌟 Attention, Money Makers & Market Robbers! 🤑💰💸✈️ Based on the 🔥Thief Trading Style🔥 (technical + fundamental analysis), we’re plotting a heist on XAU/USD (GOLD). Follow this master plan for a bullish escape near the high-risk ATR zone. Beware—overbought signals, consolidation traps, and bearish robbers lurk! Take profits fast and treat yourself—you’ve earned it! 🏆💸 📈 ENTRY: THE HEIST BEGINS! Wait for Resistance Breakout (3400.00) → Then strike! Buy Stop Orders: Place above Moving Average. Buy Limit Orders: Use 15M/30M pullbacks (swing lows/highs). Pro Tip: Set a chart ALERT to catch the breakout live! 🛑 STOP LOSS: DON’T GET CAUGHT! For Buy Stop Orders: Never set SL before breakout! Thief’s SL Spot: Recent swing low (4H timeframe). Adjust SL based on your risk, lot size, and order count. Rebel Traders: Place SL wherever—but you’ve been warned! 🔥 🏴‍☠️ TARGET: 3480.00 Scalpers: Long-only! Use trailing SL to lock profits. Swing Traders: Join the robbery crew for bigger gains. 📊 MARKET CONTEXT: XAU/USD is neutral but primed for bullish moves 🐂. Watch: Fundamentals (COT Reports, GeoPolitics, News). Intermarket Trends & Sentiment. Positioning & Future Targets (Check our bio0 for analysis linkss!). ⚠️ TRADING ALERTS: News Releases = High Volatility! Avoid new trades during major news. Use Trailing SL to protect open positions. 💥 SUPPORT THE HEIST! Hit the Boost Button 💖→ Strengthen our robbery team! Profit daily with the Thief Trading Style. 🏆💪🚀 Stay tuned for the next heist—more loot awaits! 🤑🐱‍👤🎉
VELOCITY:GOLDLong
by Thief_Trader
Gold Price Analysis May 6D1 Frame It is not surprising that the price has increased again. If this momentum continues, the 3408 level can be reached today. H1 Frame The uptrend is clear, heading towards the area above 3400. 3363 is a good support zone, suitable for BUY orders in the Asia - Europe session. 3344 is an important level. If broken, the short-term uptrend will be broken and we need to wait for a new wave. Resistance to watch 3382 is the nearest resistance zone in today's session. 3397 is an area prone to false breaks (old peaks). The price may react slightly here before reaching the 3408 level.
OANDA:XAUUSD
by TVS-Trader
1
GOLD Impact of June 6 Non-Farm Payrolls (NFP) Data on Fed Rate Decisions Key Data Points Non-Farm Employment Change: 139K (vs. 126K forecast, revised April: 147K from 177K). Unemployment Rate: Steady at 4.2% (matches forecasts). Average Hourly Earnings: 3.9% YoY (vs. 3.7% expected). Labor Force Participation Rate: Declined to 62.4% (from 62.6%). Fed Policy Implications Labor Market Cooling but Resilient: Job growth slowed (139K vs. 147K prior), with cumulative downward revisions of 95K for March and April. This signals moderation but avoids a sharp deterioration. Stable unemployment rate (4.2%) and wage growth (3.9% YoY) suggest the labor market remains tight enough to sustain consumer spending but is losing momentum. Inflation Concerns Persist: Sticky Wage Growth: Elevated wage inflation (3.9% YoY) complicates the Fed’s inflation fight, particularly in services sectors. Productivity-Sensitive Costs: Rising labor costs without productivity gains could pressure corporate margins and consumer prices. Fed’s Balancing Act: Near-Term Hold Likely: The Fed is expected to keep rates at 4.25–4.50% in July, prioritizing inflation control over labor market softness. Rate Cut Odds Shift: Markets now price a ~55% chance of a September cut (up from ~40% pre-NFP), contingent on further cooling in inflation (June 11 CPI data critical). Market Impact DXY (Dollar Index): Minimal immediate reaction, but sustained labor market cooling could weaken the dollar if rate cuts gain traction. Equities: Mixed signals (slower jobs vs. stable wages) may limit gains, though tech and growth stocks could rally on delayed Fed tightening. Bonds: 10-year yields (4.40%) may edge lower if growth fears outweigh inflation risks. Conclusion The Fed will likely delay rate cuts until September unless inflation softens decisively. While job growth is slowing, persistent wage pressures and a stable unemployment rate justify a cautious stance. Traders should monitor June CPI (June 11) and Q2 GDP data for clearer signals. Summary: No July cut expected; September cut remains contingent on inflation easing. DXY range-bound near 98.50–99.50 until CPI release. stay cautious #gold
FPMARKETS:XAUUSDLong
by Shavyfxhub
1
XAU/USD 1HThis chart shows a technical analysis setup for Gold Spot (XAU/USD) on the 1-hour timeframe. Here’s a breakdown of what the chart is illustrating: --- Key Elements: Ascending Channel: Price action is moving within a clear upward-sloping channel, shown by the two yellow parallel trendlines. Register Zone (Support Area): The area labeled “REGISTER ZOON” marks a strong support level within the lower boundary of the channel where price has previously bounced (circled points). Entry Point: Around 3,330.655, marked near the bottom of the channel, suggesting a potential buy (long) opportunity anticipating a bounce. 1st Setup / Target Level: First target around 3,364.841 is labeled “1ST SETUP”. Beyond that, the Target Level is near the top of the channel (potentially ~3,400+), indicated by the pink upward arrow. Risk-to-Reward Setup: The downward arrow implies the stop-loss would be just below the “Register Zoon”, while the reward is targeting the top of the channel. This indicates a positive risk/reward ratio if price bounces from this zone. --- Interpretation: This chart suggests a bullish trade setup, expecting price to bounce from the lower channel boundary and head toward the mid or top of the channel. Confirmation would ideally involve bullish candlestick patterns forming in the entry zone or a break above a recent minor high. --- Cautions: If price breaks below the channel support, this invalidates the setup and could signal a reversal or deeper correction. Watch for upcoming economic news events (noted with icons at the bottom of the chart), which could cause volatility. Would you like help identifying an exact entry signal or placing stop-loss and take-profit levels for this setup?
OANDA:XAUUSDLong
by Rich_trader01
Today's gold trading strategy, I hope it will be helpful to youTrump unexpectedly announced that the United States would double tariffs on steel and aluminum, a move that could throw bilateral trade negotiations between the U.S. and its trading partners into chaos. The EU has expressed "strong" regret over this decision. As signs of a renewed escalation in the trade war emerged, spot gold gapped higher on Monday, surpassing the $3,300 threshold. If gold prices decline to the $3,290–$3,295 range, this will be a signal worth monitoring. If within this range, the price stops falling sharply and forms candlestick patterns indicating a potential end to the decline, such as doji stars, and trading volume decreases from the heavy selling seen during the previous decline before gradually increasing again, this would suggest that bearish momentum is nearly exhausted and bulls are preparing to take action. At this point, investors may consider buying gold to go long and seize the opportunity for a price rebound. Today's gold trading strategy, I hope it will be helpful to you XAUUSD BUY@3290~3295 SL3280 TP1:3310~3320
FOREXCOM:XAUUSDLong
by AndyHopkins
BEST XAUUSD M30 BUY SETUP FOR TODAY 📈 Gold (XAU/USD) is showing bullish momentum on the 30-min chart, trading within a rising parallel channel. Price has recently bounced from lower support and is aiming for the resistance zone near $3,331. 🔼 A breakout above this level could signal further upside, continuing the bullish wave structure. Traders should watch for pullbacks to the lower trendline as potential buying opportunities. 🧠💡 As long as price stays above the $3,251 support, the bullish bias remains intact. 📊✨
OANDA:XAUUSD
by GoldenTradeInsights
GOLD/USD indicating strong selling pressure.1. Resistance Zone: A horizontal resistance line is clearly marked, acting as a significant barrier near the current price level. Price has tested this level multiple times, indicating strong selling pressure. 2. Entry & Sell Setup: An entry point is labeled just below the resistance line. A short (sell) setup appears to be in play, with the current candle rejecting the resistance zone. 3. Fibonacci Retracement Targets: Multiple Fibonacci levels are drawn from a recent swing low to a high. Retracement levels visible: 0.382, 0.5, 0.618, 0.786, 0.886 (commonly used in price correction analysis). These levels are labeled as target zones for a potential price decline. 4. Bearish Bias: The chart suggests a bearish outlook, expecting a reversal from resistance. Arrows and labeling indicate a downward price movement toward the target zones. --- 🔧 Technical Indicators & Tools Replay Tool: Visible, possibly used for backtesting. Drawing Tools: Trendlines, rectangles, Fibonacci tools. Strategy Tester: Appears enabled. No visible moving averages, RSI, MACD, or volume indicators—this is likely a price-action-focused setup. --- 🧠 Interpretation The trader is likely planning a short position at or just below the resistance zone. The take-profit (TP) levels are aligned with Fibonacci retracement levels. The setup assumes the resistance will hold and lead to a retracement of the prior bullish move. Risk/Reward seems calculated based on price structure and retracement confluence. --- ✅ Conclusion This chart demonstrates a clean, professional price action and Fibonacci-based sell setup on GOLD/USD, with strong technical reasoning behind the entry and target zones. The resistance level is a key pivot, and the retracement targets are technically aligned for potential profits on a bearish move.
TVC:GOLDShort
by Johnson67
“Gold Technical Breakout – Time to Ride the Bullish Wave?”GOLD (XAUUSD) – BREAKOUT FROM DESCENDING TRENDLINE Gold has recently broken out of a multi-week descending trendline, with price now trading above former resistance and forming higher highs. The breakout appears technically strong, supported by previous support holding at the 3258 level. We’ve also seen a successful retest of the broken trendline, which has now turned into support — a classic bullish continuation signal. If this structure holds, potential targets are set at TP1 and TP2 zones. Key levels to watch: 📈 Support: ~3258 🎯 TP1: Near-term resistance zone 🎯 TP2: Next major resistance area 🛑 SL idea (educational): Below the retest low ⚠️ This post is for educational and technical analysis purposes only. It is not financial advice. Always do your own research and manage your risk.
OANDA:XAUUSDLong
by Smart_Trading_Strategy
Can gold prices continue to rebound?Market news: Spot gold rose slightly in early Asian trading on Thursday (June 5), currently trading around $3,382/oz. Supported by a weaker dollar and weaker U.S. data, investors are struggling to cope with growing economic and political uncertainty. Against the backdrop of rising risk aversion demand and weak economic data, gold prices rose slightly. At the same time, tensions between major powers, progress in EU-U.S. trade negotiations, and rising market expectations for a Fed rate cut have further ignited enthusiasm in the gold market, and the possibility of London gold prices rising above the 3,400 mark has increased. The job market is sluggish, some industries are laying off employees, and wage growth is offset by the cost of living. Inflationary pressures continue, and companies plan to raise prices to pass on tariff costs. The Fed said the economic outlook is unclear and it will continue to monitor data to adjust its policies. As a safe-haven asset in times of political and economic uncertainty, gold tends to perform strongly in a low-interest rate environment. Investors are closely watching the U.S. non-farm payrolls report to be released on Friday, June 6, for clues to the Fed's next move. In addition, we also need to pay attention to the ECB interest rate decision and the changes in the number of initial jobless claims in the United States on this trading day. The market expects the ECB to cut interest rates by 25 basis points. In the medium and long term, it tends to support the international gold price. In addition, continue to pay attention to the international trade situation and speeches by Fed officials. Technical Review: Gold successfully bottomed out yesterday, with the lowest point of the day at 3344, which is not much different from the point of 3345 that we disclosed in the morning. The market point is basically in place. The small non-agricultural positives in the evening helped the gold price to rise further. The high point of gold is gradually approaching the pressure level of 3392. In the short term, the gold price is expected to break through the pressure and continue the upward trend! The technical side of gold maintains the bullish low-multiple thinking. The daily chart price extends the MA5/10/7-day moving average high point upward, and the RSI indicator is hooked upward above the middle axis. The short-term four-hour chart and hourly chart moving average open upward, the Bollinger band opens upward, and the price is running on the upper and middle track of the Bollinger band. The main idea is to buy at a low price and sell at a high price. Today's analysis: Recently, the market, tariff trade policies, and geopolitical tensions have been affecting the strength of the US dollar and gold. Although it seems that gold is fluctuating upward for the time being and has not gone out of the space for a unilateral surge, it can be seen from this week's slow rise that gold is still an absolute buying trend. Therefore, no matter how it adjusts, falls back, or fluctuates, it is an opportunity to buy into the warehouse. How to plan for the future market? I believe everyone has a clear direction in mind. Buying is very strong, just go with the trend. The important thing is the point. The low point below is moving up, which means that if the gold price drops again, the low point will not fall below 3344. Yesterday, the gold Asian and European sessions were in a volatile adjustment trend. After the release of the US session data, the gold price rose from 3350 to the current price of 3385 and then fell back. In terms of short-term operations, since the high point of the Asian session broke, it is still recommended to buy at a low price and focus on bullish operations. Operation ideas: Short-term gold 3350-3360 buy, stop loss 3340, target 3380-3400; Short-term gold 3397-3400 short, stop loss 3408, target 3360-3340; Key points: First support level: 3363, second support level: 3350, third support level: 3333 First resistance level: 3388, second resistance level: 3396, third resistance level: 341
OANDA:XAUUSDLong
by NuggetsWarriors
GOLD XAU/USD (Gold) and Its Relationship with 10-Year Bond Yield, Bond Price, DXY, Uncovered Interest Rate Parity (UIP), and Carry Trade 1. Gold and 10-Year Bond Yield / Bond Price Inverse Relationship with Real Yields: Gold typically moves inversely to real 10-year Treasury yields (nominal yield minus inflation). When real yields rise, the opportunity cost of holding non-yielding gold increases, putting downward pressure on gold prices. Conversely, falling or negative real yields support gold’s appeal as an inflation hedge and safe haven. Bond Prices Move Oppositely to Yields: Since bond prices and yields are inversely related, rising bond prices (falling yields) tend to support gold prices, while falling bond prices (rising yields) can weigh on gold. Current Context: In mid-2025, 10-year yields have been relatively elevated but real yields remain low or negative due to inflation, supporting gold prices 2. Gold and DXY (US Dollar Index) Strong Negative Correlation: Gold and the US Dollar Index (DXY) usually move in opposite directions. A stronger dollar makes gold more expensive in other currencies, reducing demand and lowering prices. A weaker dollar boosts gold by making it cheaper internationally. Recent Trends: Trade tensions, US fiscal concerns, and geopolitical risks have pressured the dollar, helping gold rally . The dollar weakness amid tariff escalations and debt worries has fueled gold’s uptrend toward resistance levels 3. Uncovered Interest Rate Parity (UIP) and Gold UIP Concept: UIP suggests that currency exchange rate changes should offset interest rate differentials between countries, eliminating arbitrage opportunities. While UIP primarily applies to currencies, it indirectly affects gold since gold is priced in USD and influenced by US interest rates and inflation expectations. Implication for Gold: If US interest rates rise relative to other countries, the dollar tends to strengthen (UIP effect), pressuring gold. Conversely, if real rates fall or inflation expectations rise, gold benefits despite nominal rate changes. 4. Carry Trade and Gold Carry Trade Basics: Carry trades involve borrowing in low-yield currencies to invest in higher-yield assets. Gold itself does not yield interest, so it is not a direct carry trade instrument. However, the gold carry trade involves borrowing gold at low lease rates and investing proceeds in higher-yielding assets. Current Viability: Rising gold prices increase the cost of repurchasing borrowed gold, reducing carry trade profitability. Yet, negative or low real yields and persistent inflation fears maintain some interest in gold-related carry strategies. Indirect Influence: Carry trade flows in currencies and bonds affect the dollar and yields, which in turn influence gold prices. Summary Table Factor Relationship with Gold (XAU/USD) Explanation 10-Year Bond Yield Inverse (via real yields) Higher real yields raise gold’s opportunity cost Bond Price Positive (inverse to yields) Rising bond prices lower yields, supporting gold US Dollar Index (DXY) Negative Strong dollar makes gold more expensive globally Uncovered Interest Rate Parity (UIP) Indirect, via currency and rate expectations Rate differentials influence USD strength, impacting gold Carry Trade Indirect Currency and yield carry trades affect dollar and rates, influencing gold Current Market Context (June 2025) Gold is trading near $3,394 -3400 per ounce, supported by a weaker dollar amid trade tensions and US fiscal concerns. Real US yields remain low/negative, maintaining gold’s safe-haven appeal despite elevated nominal yields. Geopolitical risks and inflation fears continue to drive demand for gold as a hedge. Conclusion Gold’s price dynamics in 2025 are shaped by the interplay of real US interest rates, bond market movements, and the strength of the US dollar. While nominal 10-year yields have risen, low real yields and dollar weakness amid geopolitical and trade uncertainties support gold’s bullish trend. The carry trade and UIP frameworks influence the broader currency and interest rate environment, indirectly affecting gold’s appeal. #GOLD
THINKMARKETS:XAUUSDLong
by Shavyfxhub
1
GOLD If the ADP Non-Farm Employment Change report comes in significantly below the forecast—for example, an actual figure of 37,000 jobs added versus a forecast of 111,000—the Federal Reserve (Fed) is likely to interpret this as a sign of weakening labor market conditions. How the Fed May React: Increased Likelihood of Rate Cuts: A weaker-than-expected ADP report suggests slower job growth and potentially softer economic momentum. This would increase the probability that the Fed will consider cutting interest rates or delaying further rate hikes to support the economy. Monetary Policy Shift Toward Easing: The Fed’s dual mandate includes maximum employment and price stability. Signs of labor market weakness could prompt the Fed to adopt a more dovish stance, signaling potential rate cuts or more accommodative policies to stimulate growth. Market Expectations and Sentiment: Such a disappointing jobs figure typically leads to a weaker US dollar as markets price in easier monetary policy. It may also boost risk assets like equities and gold due to lower borrowing costs and increased liquidity. Cautious Fed Communication: While the Fed may acknowledge the weaker data, officials often emphasize looking at a broad range of economic indicators rather than a single report. They may wait for confirmation from the upcoming official Non-Farm Payrolls (NFP) report before making decisive policy changes. Summary Below-forecast ADP jobs data (37k vs 111k forecast) signals labor market softness. Fed likely to lean toward rate cuts or hold to support growth. Market reaction: USD weakness, potential equity and gold gains. Fed will monitor subsequent data, especially the official NFP report, before adjusting policy significantly. #gold
FUSIONMARKETS:XAUUSD
by Shavyfxhub
XAUUSD Golden Bounce? Discount OB Loading for LongXAUUSD | 30m Smart Money Buy Setup – Liquidity Sweep + Discount OB Combo Gold’s about to act like… gold. 🤝 Price has pumped hard, and now we’re watching for a pullback into a premium discount zone — to trap sellers and give institutions their perfect entry. Let’s break down this textbook Smart Money Concept setup: 📌 1. HTF Context: Massive bullish impulse breaking old structure highs Change of Character (ChoCh) confirmed — buyers are in control Market is now retracing to rebalance inefficiencies + mitigate previous demand 📊 2. Key Levels: 🔻 Entry Zone (OB): Around 3,299.972 🔻 Deeper Discount (Fib 70.5–79%): 3,280.000 – 3,268.897 📈 TP1: Recent high – 3,392.305 🛡️ Stop Below: 3,268.897 🎯 RR Potential: 1:3+ – clean sniper shot 🧠 3. Smart Money Logic: Price is pulling back into a refined OB zone inside discount territory This zone overlaps with a clean FVG + 70.5% fib level Price likely to tap into this zone, fake out sellers, then launch with momentum 🔁 4. Execution Plan: ✅ Wait for: M5–M15 bullish BOS or engulfing candle inside the OB Strong rejection wick off the refined OB/FVG Entry confirmation = go long with tight SL TP = HTF resistance / liquidity highs Remember: Let price come to you. Don’t chase the setup. Be a sniper, not a machine gunner. 🎯 💡 5. Why This Long is Gold (Literally): ✅ Perfect structure flip (ChoCh) ✅ OB inside a clean discount zone ✅ Liquidity resting below = magnet before reversal ✅ Risk:Reward is beautiful This isn’t just a bounce — this is a smart money rebalance play, and gold loves to respect these zones with explosive moves 💥 💬 Drop “XAU Bounce 🔥” in the comments if you’re watching this unfold 📥 Save this for future entries 📈 Follow @ChartNinjas88 for the sharpest Smart Money setups on Gold & Majors
OANDA:XAUUSDLong
by ChartNinjas88
Long XAUUSD 15m – Long Trade Plan After Liquidity Grab📊 XAUUSD 15m – Long Trade Plan After Liquidity Grab OANDA:XAUUSD Hello Traders! 👋 Spotted a clean setup on Gold (XAUUSD) on the 15-minute chart, and I wanted to break it down for everyone looking to learn and grow with smart money concepts and liquidity-driven trading. --- 🔍 Trade Breakdown: After a sharp bearish move, price aggressively broke below the Old High structure and formed a New Breakdown Low. This move likely triggered stop-losses and induced sellers — a classic liquidity grab scenario. What followed is key: Price tapped into a demand zone and showed clear rejection wicks. It then consolidated just below the old structure — potentially accumulating orders for a reversal. This gave me confidence to look for a long opportunity as part of my "Smart Money Reversal Strategy". --- 📌 Trade Plan Details: Entry Zone: Around 3,358 – 3,360 Stop Loss: Below the recent low (~3,350) Target 1: Previous structure resistance near 3,366 – 3,370 Target 2: Full range fill toward 3,389 – 3,390+ If price breaks and holds above the red supply zone, I’ll look for additional confirmation for scaling in or trailing. --- 🧠 Why This Matters: This setup highlights the importance of: Trading after liquidity sweeps, not during. Recognizing how market makers trap early sellers before reversing. Using structure and zones — not just indicators — to guide entries. --- 📘 Note for Members: This trade is shared for educational purposes only. Always manage your risk and never blindly follow — plan your trades, then trade your plan! Let me know your thoughts or how you'd approach this differently. — Happy Trading! 💰 #XAUUSD #SmartMoney #LiquidityGrab #Forex #GoldAnalysis #TradingView
FXOPEN:XAUUSDLong
by Jamtara_Trader
Gold Surges Amid Geopolitical Tensions and Trade UncertaintyGold prices surged today, driven by a mix of escalating geopolitical risks and supportive macroeconomic conditions. Renewed violence in the Middle East—particularly Israeli airstrikes on Gaza—has triggered increased safe-haven demand. At the same time, global trade uncertainty is mounting following former President Trump's reintroduction of 25% tariffs on steel and aluminum. Central banks have also turned into net buyers of gold, accumulating over 1,000 tons annually to hedge against currency instability. Lastly, the Federal Reserve’s dovish tone, with rate cuts expected as early as June, is boosting gold’s appeal by reducing the opportunity cost of holding the non-yielding asset. These factors together are creating a strong bullish backdrop for XAU/USD.
FOREXCOM:XAUUSDLong
by Pipsey_hustle
Don't chase long positions easily during high-level adjustments📰 Impact of news: 1. The conflict between Russia and Ukraine breaks out again, exacerbating the uncertainty of the situation 2. The tension in the Middle East continues, Iran claims to be ready to defend its airspace at any time, and the Houthi armed forces attack Israeli airports 3. May PMI data released 📈 Market analysis: In the short term, the double high points above the gold price are suppressed at the 3365 line. The MACD indicators at the 4H and daily levels tend to form a golden cross, releasing bullish signals. In the short term, if you want to confirm a unilateral upward trend, you need to break through the 3365 line. Despite the strong bullish signals, as I just reminded you, the current technical indicators are close to overbought areas, and I still think there is a certain risk of a correction. In the European session, I will consider trying to short at the 3355-3365 line, and pay attention to the short-term support at 3340-3330 line below. Later, after the price gets some support at the support level, we can consider long trades. 🏅 Trading strategies: SELL 3355-3365 TP 3340-3330-3320 If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
OANDA:XAUUSDShort
by AllenBoswell-2
THE KOG REPORT - UpdateEnd of day update from us here at KOG: It's been a fantastic start to the week with the red box holding nicely to give traders the short trade using the red boxes and KOG's target levels, which are all completed for the week here. We now have support below at the 3285 level which if continues to hold, should give traders another opportunity into that 3306-10 region. We've already taken one into 3304, so for us no more trading until tomorrow. That's the level to watch in our opinion for a potential flip. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
22