Gold short Read this clearly, my confidence in this trade is 3 out of 10.
Use very small size on this trade, as iam not sure at all that this is even the right thing to do.
The chart is messy, and there is consolidation is going on.
if the price didnt make it to nr 1 circle, dont worry about it. The most important thing is the close below the FVG.
Also confirm on lower time frame to see how the price reacts to the entry levels. If anything is going to happen, is going to happen at those levels.
Gold Futures
AU1! trade ideas
Gold at a Crossroad: Long or Short? Key Levels in FocusThere are three chart of Gold .
Gold1! is forming a Rising Wedge pattern, with resistance positioned between 103500-104000 levels.
Gold1! is facing Pivot Point resistance around the 103500 level, indicating potential supply pressure.
Gold1! is approaching the parallel channel resistance, and the upside move is nearly complete in percentage terms, with resistance around 103800-104000.
if this level sustain then we may see first of all higher prices then again fall in gold1!
Thank You !!
XAUUSD – New Week Technical Bias (Market Open)
Bias Overview:
Current outlook remains aligned with previous bullish analysis, supported by the broader Ascend Sequence on higher timeframes.
Price Expectations:
Anticipating a micro decline toward Price Zone A as a potential springboard for a bullish continuation.
While less likely, a deeper pullback into Price Zone B may occur before the rally unfolds — still within acceptable structure for HTF bullish intent.
Execution:
Will rely on micro-timeframe confirmations and reaction behavior within these zones to finalize entry decisions following market open.
Invalidation will be break and bearish structure below the ascending sequence Channel.
Summary:
Maintaining bullish bias while awaiting refined entry opportunities at defined price zones. Structural invalidation remains below key support and Sequence Line levels.
[b ]🔒 Disclaimer:
This analysis is for educational and strategic insight purposes only. It is not financial advice. Always manage your own risk and confirm with your personal trading plan before executing trades.
Gold Bulls Loading Up – Our Short Squeeze Trigger is Set!🚨 Gold Bulls Loading Up – Our Short Squeeze Trigger is Set!
We’re flipping the script on COMEX_MINI:MGC1! After a prolonged downtrend and textbook wedge compression, our breakout long is LIVE – but not without trapping the late shorts first.
💥 Entry: $3,312.1
🛑 Stop: $3,288.4
🎯 Target: $3,458.9
🧮 Risk/Reward: 6.19
Price just bounced at the retest of the wedge apex, and volume is confirming the move. If this holds, we’re riding momentum all the way up – and letting short pressure fuel the breakout.
📈 Trendline breached.
⏳ Time compression converging.
⚠️ If you’re still short, watch your stops!
Gold Futures Long Setup – Breakout Continuation off the 0.618 FiGold Futures Long Setup – Breakout Continuation off the 0.618 Fib
Instrument: Gold Futures – COMEX ( COMEX:GC1! )
Timeframe: 15-Minute
Trade Type: Long – Breakout Continuation
Entry Zone: 3390 (0.618 Fibonacci retracement)
Take Profit: 3428 (0.786 Fib)
Stop Loss: 3384
Risk/Reward Ratio: 6.68
Setup: Bullish Flag on Retest
🔍 Trade Thesis
This trade is part of an ongoing breakout continuation strategy we've been trading, and now we're eyeing a pullback entry as price returns to a key retracement level.
Price nearly exploded through the 0.618 Fibonacci level (3390) during the prior breakout.
Now it's pulling back in a textbook bullish flag formation, suggesting healthy consolidation before the next leg.
The 0.618 retracement is aligning with previous intraday structure and trendline support — making this an ideal level to scale in.
This is a high R:R continuation play, with targets set at the 0.786 Fib level (3428) — right before macro resistance kicks in.
🎯 Entry & Exit Strategy
Entry: As price touches 3390 or forms bullish confirmation at the level.
Stop Loss: 3384 – tight and below key fib/flag structure.
Target: 3428 – based on 0.786 Fib extension and breakout continuation projection.
📊 Why This Works
Breakout behavior: Price respected the breakout impulse and retraced cleanly into a bull flag.
Fib confluence: 0.618 pullbacks are a classic entry in trending markets.
R/R of 6.68: Excellent reward profile vs. limited risk.
Eye These Levels to Go Long On GoldFenzoFx—Gold remains bullish but eased at $3,419.0 resistance. The Stochastic at 85.0 suggests a pullback may follow. Traders can watch support at $3,389.0 for short-term scalping.
Swing entries may emerge near $3,351.0 if bullish signals appear, such as candlestick patterns, structure breaks, or fair value gaps. Updates will follow if price reacts to these levels.
Gold Futures (GC1!)Gold Futures (GC1!) 1H – Bearish Rejection Setup
Price showed a strong bullish impulse followed by a rejection near the 3,416 resistance zone, forming a lower high and signaling potential exhaustion of buyers. After grabbing liquidity above the previous high, it failed to hold above the zone and retraced back below a key structure level around 3,406.
This setup aligns with a classic breakout and retest, now acting as resistance. I entered a short position after confirmation of bearish price action, targeting the demand zone around 3,372–3,368. Stop loss is placed just above the high at 3,416.8.
Gold Bulls Reloading? Smart Money Buys!The technical outlook on XAU/USD shows a well-defined bullish trend, developing within an ascending channel that started in late June. Price recently pushed toward the upper boundary of this channel, reaching a key resistance zone between 3,410 and 3,420 USD, which aligns with a previous supply area and significant daily structure. The reaction in this zone suggests a potential fake breakout, hinting at a short-term pullback before a continuation of the upward move.
The RSI oscillator supports this view, displaying bullish momentum with a breakout above the 60 level. However, the current slope hints at a possible minor correction before the next impulsive leg higher. The most relevant demand zone lies between 3,340 and 3,360 USD, at the base of the ascending channel—an ideal spot for buy orders to accumulate in anticipation of a move toward previous highs.
Backing this technical setup, the Commitment of Traders (COT) report as of July 15, 2025, paints a constructive picture. Non-commercial traders (institutional speculators) increased their long positions by over 8,500 contracts, while also cutting short positions by about 1,600 contracts, indicating a strong bullish bias. Commercials also increased their shorts (+16,448), a typical hedge during rallies, but not enough to invalidate the bullish structure.
From a seasonal perspective, July remains one of the historically strongest months for gold. According to MarketBulls data, over the past 2 years, gold has averaged gains of 105+ points in July, with solid returns also visible on the 5-year (+45 pts) and 10-year (+25 pts) averages. August also tends to be supportive, reinforcing the idea of a medium-term bullish extension.
Lastly, the retail sentiment is heavily skewed, with 72% of retail traders short, and only 28% long. From a contrarian standpoint, this is another strong bullish signal. When the majority of retail traders are short in a structurally bullish market, the potential for a short squeeze remains high.
GOLD - Lovers Elliott wave - looking strong Short/Medium termGOLD-----Daily counts indicate Excellent bullish wave structure.
Both appear to be optimistic and this stock invalidation number (S L) wave 2 low
target short / long term are already shared as per charts
correction wave leg seems completed (C)
Investing in declines is a smart move for short/ long-term players.
Buy in DIPS recommended
Long-term investors prepare for strong returns over the next two to five years.
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$GC/Gold Elliot Wave Analysis Update - 7/21Hello fellow gamblers,
Both scenarios that we are watching are still valid and as price approaches a confirmation level, we do gotta be aware possible fakouts as we trade inside a flag/wedge pattern.
- A rejection of 3408 could drive us towards the other end of the pattern and a possible break to the downside.
- If we do have a rejection, I will be watching for price to find support at 3370 for my bullish bias.
- Levels to watch: 3408, 3346, 3283
GOLD: Pre-market PrepSo for gold today, I see a lot of confluence around the prior week's high, prior day's high, and the prior value area high. We also had a poor high last Friday that we've clearly broken through.
Right now, we're in balance up above these key levels. My immediate plan is to continue going long up to the prior month's value area high. If we get a pullback to the confluence area, I want to take it up from there.
If the market opens and we accept back into the previous area, I'll be looking to go short from that area and take it down. That's my main analysis for gold today. Let’s trade smart, peace!
GC Outlooklooking to for a continuation into 3390. then look for a retracement back towards the 50 ema. this will set up a push to the previous all time high. now keep in mind the fluid dynamic of the market based on the ever changing fundamental landscape, tariffs and other news that can shake the market. but the over all picture remains very bullish for gold
Gold will make a Low for the Week before Pushing BullishOn my previous Update I mention that we should have support off this H4 Gap. My problem with it s it immediately reacted to it when the market opened back up. well before the killzone. So I feel like this is a fake out to go short for now. they will make a low for the week then we will see it set up for the bullish move.
GOLD (GC) Weekly Recap & Game Plan 20/07/2025🪙 GOLD (GC) Weekly Recap & Game Plan
📊 Market Context:
Price is currently forming an accumulation pattern.
The purple zone marks a key weekly demand zone, and I expect a potential bounce from that level.
I'm closely watching for trendline deviations to determine the directional bias.
🎯 Game Plan:
If price drops below the trendline and bounces from the weekly demand, I’ll look for longs targeting the bearish trendline.
If price taps the bearish trendline and shows clear rejection, I’ll look for shorts targeting the bullish trendline.
I'll wait for LTF confirmations before entering any position.
✅ Follow for weekly recaps & actionable game plans.
GC Ready to Bleed? This Setup Has Teeth.As we head into the new trading week, GC presents a clean, disciplined short setup developing right below Friday’s key high. Price tapped the Previous Day High ($3,368) and supply zone before rejecting, failing to hold bullish momentum into the weekend close.
The market structure is currently defined by:
- A strong upward trend line (supporting the latest rally)
- A bearish order block/supply zone
- Two Fair Value Gaps below
- A failure to sustain above PDH
This confluence builds a narrative of exhaustion to the upside, especially with no aggressive buyers stepping in after PDH was swept. We're not short yet this setup needs confirmation. But once it breaks, it's clean.
Entry (Trigger) - $3,353.0
A clean break below the ascending trend line, ideally with a 1H close through it. This confirms structure shift and bearish intent.
- TP1: $3,344.0 → Top of the unfilled FVG zone
- TP2: $3,337.6 → Previous Day Low (PDL) and liquidity target
Kill Switch (Invalidation Level) - $3,371.6
If the market opens strong and pushes through the PDH and supply zone, the short idea is invalid. No shorts above here.
Confluences
- PDH Rejection - Strong wick and reversal from $3,368 shows supply dominance.
- Trend line Weakness – Price stalling right at the trend line heading into open. Any gap down or weak open will break it.
- FVG Below – Unfilled inefficiency sitting directly beneath current price this is a natural magnet.
- Volume & Momentum Divergence – Last push into highs had lower volume, suggesting buyer fatigue.
- Time-Based Edge – Sunday night liquidity traps often lead into London session reversals ideal timing for trend line break & FVG sweep.
- Clean Invalidator – No ambiguity: reclaim the highs = setup is off.
Timing & Execution Plan
This is not a trade to rush into at Sunday open. We want the 1H candle to close below $3,353.0 or a rejection + retest structure. The key sessions to monitor are:
- Sunday Night (Low Liquidity) - Observe gaps or traps
- London Open (8:00–9:00 UK) - Look for momentum or stop run
- NY Open (13:30 UK) - Final confirmation if London doesn't move it
Only act on confirmation. No guesswork. No front-running. Let the setup play out. If the market opens strong and climbs above $3,371.6, we’re no longer looking short. In that case:
- Supply zone is invalidated
- Trend line is reclaimed
- FVG becomes invalid magnet
We stand aside and reassess the long side on intraday demand reclaims or wait for a deeper correction to re-engage. This setup is a textbook bearish, high-probability, low-risk, confirmation-driven. It has everything we look for: structure break, inefficient price gap, prior liquidity sweep, and a defined invalidation. All that’s left is for the market to open and print.
If it confirms, it moves fast.