Gold

Actually, I think its possible price will move to 3376 (most recently daily low) not 3381, before looking for long entries to 3400 again, and beyond.

1) Looking at daily and weekly Gold charts. I expect to reach to around 3440 level in this week or following weeks,

2) And then 3500/3600 levels in 3 months according to monthly chart and overall global political and macroeconomic developments.

3) At monthly gold chart, last 3 months' candlesticks can be misleading. I expect a similar pattern with spring 2024 in chart (I circled it). I believe that strong base has been established around 3250-3300. There can be one last visit to that levels before going up beyond 3500, but direct upside looks more likely to me without visiting again 3300.

4) Just what I see from charts. Make your own analysis and proper risk management! Good luck!

IG weekend rates shows gap up ATM 3411..
they are reliable most of the time.

Possibly to 3120 for the final low

2990 imo

thing is. If you don’t greedy. You’ll be right.

it’ll come back down for a little peck

how ? No one knows.

que sera - it’s a hollow goal

Wild start

Gold for this week have resistance at ~3430 and supports of 3373 and 3357, below it can slide down to ~3311

IMO if there will be an opportunity to sell at ~3430 take it blindly for big profit at the said lower levels as 3357 can be enough, not very greedy or set trailing SL if long term trader.
SL should be at base over 3500, since there's a slight possibility of hitting ~3480, that can be another good short opportunity.

Back with a bit updated thin rectangle this week. Main key levels as of now are 3380.5 and 3402. There is a spike on downside on OANDA 3378.89 at the start of the day. There is a spike on DXY as well 99.32 Can say that a wild start of the week. (Didn't saw spikes on my broker). Scalp within and wait for range to break. Trade Safe!

just threw it up to sell...

expecting a sell for xauusd

There's your sign, it's gone below the OPEN

It is important to adapt to market conditions!

Why are you calling that part an imbalance?

What the heck is that? Hong Kong open?

Good Morning Everybody :-)

Last friday, only one of the trades got executed with a SL of 1.5 points triggered...

So the tally now is :

Day Date Trades Net
----- ---------- ------ -----
Day 1 18-Jul-2025 5 +6.5
Day 2 21-Jul-2025 2 -1.5
Day 3 22-Jul-2025 2 -2.0
Day 4 23-Jul-2025 2 -1.5
Day 5 24-Jul-2025 4 0.0
Day 6 25-Jul-2025 2 +2.5
Day 7 28-Jul-2025 3 +2.0
Day 8 29-Jul-2025 2 -2.5
Day 9 30-Jul-2025 1 -1.5
Day 10 31-Jul-2025 3 +2.0
Day 11 01-Aug-2025 2 +2.5
Day 12 04-Aug-2025 3 +5.0
Day 13 05-Aug-2025 4 +5.5
Day 14 06-Aug-2025 3 -3.5
Day 15 07-Aug-2025 1 -1.5
Day 16 08-Aug-2025 1 -1.5

Total Number of Trades : 38
Net Profit : 10.5 points

Will be back with today's levels shortly...

hello guys,
welcome back to the wild ride,
Gold has dropped almost 20$ since its open,
lets say how far it will.
but to be honest tomorrow is CPI so i am not confident in this move,
i will wait for another high.
i still have one open position small one in gold, as mentioend earlier,
asian traders did a very good job on gold.
if London could hold then 3350 is very much possible and even below.
Good luck.
just a thought

Today I have most of the same levels as friday, as only one got hit... Just one additional sell short bounce point, at 3380.64

Short Side : 3380.64, 3416.55, 3419.27
Long Side : 3362.94, 3355.35

All with initial 1.5 SL, will trail after it hits...