Gold is in line with the uptrend
GOLD Idea: Gold is in line with the uptre… GC1! XAUUSD GOLD
GOLD Idea: Gold is in line with the uptre… GC1! XAUUSD GOLDGold Futures forum
GC1! Gold Set for $100+ Sharp Drop TodayGold prices continued to rise today during the morning Asian session.
Gold prices continued to rise today as demand rebounded following new US tariff announcements, while investors remained cautious ahead of the Federal Reserve’s policy meeting set to begin later in the day.
This follows a recent 5% drop in precious metals, particularly gold, over the past 1 weeks—driven by central bank buying and differences in the gold-to-silver price ratio.
Gold has also shown more volatility than silver today.
Looking ahead to the European market open, I believe it's an ideal time to sell as much gold and silver as possible at current levels.
In my view, we can expect a downward move of over $100+ in Gold spot XAUUSD either later today or within the next two sessions.
Based on my trading strategy for Spot Gold (XAUUSD):
Don’t miss the chance to capitalize on a potential downside move of over $100+ in gold—possibly occurring today or by the end of the week.
Ahead of the European and U.S. market openings today, spot gold (XAUUSD) touched around $3387.11 per ounce, while June Gold Futures traded near the $3400.00 mark.
This price zone could represent a strong selling opportunity, consistent with typical profit-taking behavior.
At these elevated levels, many traders may choose to secure profits, which could lead to a pullback in the market.
If spot gold begins to decline, it may drop toward the intraday low around $3323.50 per ounce. A continued downturn could push prices further to approximately $3287.00—nearly $100 below the recent high. Additional weakness might offer further selling chances, potentially driving prices down to yesterday’s or the weekly low near $3237.81 per ounce.
MGC1! That play did not work as I thought it would lolGOLD1! MCX Gold market crashed....See my sell call....
96160 to 95500 95000 94000 in few hours....
trade and sell maxxxxxx
Gold 3386 is under pressure, don't worry
GOLD Idea: Gold 3386 is under pressure, d… XAUUSD GC1!
GOLD Idea: Gold 3386 is under pressure, d… XAUUSD GC1!
MGC1! XAUUSD some people here have kept their buying position?
my strategy was to ask to get off my ass way too early.
this rise is crazy
MGC1! And im back at that trade. S/L right above last high, targeting 3320 for profit
MGC1! I got out of that trade near breakeven. This price action is looking waay too much like a retest of a breakout and Im not holding it to find out lol
MGC1! why does gold has to give me a heart attack like this at the end of the day? Geezz
MGC1! Im not gonna lie, this push up is concerning. High possibility of the pattern being a reaccumulation pattern instead of a distribution pattern. If this is the case, we could expect price to blast through that 3363 resistance level and continue towards ATH, invalidating the further downside theory