Hello, traders!
Gold just hit a New Record High at $3,976.3/oz. However, immediately after, the market witnessed a clear structure break and the formation of a Double Top pattern in the European session. This strongly signals a shift in strategic priority.
Fundamentals & Bias Reversal
Core Drivers: Gold is up 50% YTD due to persistent Fed rate cut expectations (two more cuts projected) and severe global political instability (US Shutdown, France crisis, rising Japanese yields).
Technical Bias: We are now prioritizing SELL due to the confirmed Double Top and structure breakdown. Only consider BUYs at deeper support zones with controlled risk.
Key Price Levels:
Resistance: $3953, $3975, $3984, $4004
Support: $3942, $3931, $3910, $3899
Trading Strategy (Prioritize SELL):
SELL SCALP: $3957 - $3959
SL: $3963
TPs: $3953, $3948, $3943, $3938, $3933
SELL ZONE: $3975 - $3977
SL: $3985
TPs: $3967, $3957, $3947, $3937, $3927
BUY ZONE 1 (Wait): $3931 - $3929
SL: $3921
TPs: $3939, $3949, $3959, $3969, $3979
BUY ZONE 2 (Deeper): $3899 - $3897
SL: $3889
TPs: $3907, $3917, $3927, $3937, $3947
Will the Double Top send Gold back toward $3900? Let me know your thoughts! 👇
#Gold #XAUUSD #ATH #TechnicalAnalysis #DoubleTop #SELL #Fed #TradingView
Gold just hit a New Record High at $3,976.3/oz. However, immediately after, the market witnessed a clear structure break and the formation of a Double Top pattern in the European session. This strongly signals a shift in strategic priority.
Fundamentals & Bias Reversal
Core Drivers: Gold is up 50% YTD due to persistent Fed rate cut expectations (two more cuts projected) and severe global political instability (US Shutdown, France crisis, rising Japanese yields).
Technical Bias: We are now prioritizing SELL due to the confirmed Double Top and structure breakdown. Only consider BUYs at deeper support zones with controlled risk.
Key Price Levels:
Resistance: $3953, $3975, $3984, $4004
Support: $3942, $3931, $3910, $3899
Trading Strategy (Prioritize SELL):
SELL SCALP: $3957 - $3959
SL: $3963
TPs: $3953, $3948, $3943, $3938, $3933
SELL ZONE: $3975 - $3977
SL: $3985
TPs: $3967, $3957, $3947, $3937, $3927
BUY ZONE 1 (Wait): $3931 - $3929
SL: $3921
TPs: $3939, $3949, $3959, $3969, $3979
BUY ZONE 2 (Deeper): $3899 - $3897
SL: $3889
TPs: $3907, $3917, $3927, $3937, $3947
Will the Double Top send Gold back toward $3900? Let me know your thoughts! 👇
#Gold #XAUUSD #ATH #TechnicalAnalysis #DoubleTop #SELL #Fed #TradingView
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Join Jeremy_NPC's FREE Telegram Now! 🚀
🎯 8–12 FREE scalping signals daily
📈 Accurate Forex & Gold charts
💰 30–50% monthly profits, 300–1000 pips/day
t.me/+1aSqbdspbEdkYjU9
👉 Level up your trading!
🎯 Lock. Aim. Profit!
🎯 8–12 FREE scalping signals daily
📈 Accurate Forex & Gold charts
💰 30–50% monthly profits, 300–1000 pips/day
t.me/+1aSqbdspbEdkYjU9
👉 Level up your trading!
🎯 Lock. Aim. Profit!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.