1. Market Movements
After the Federal Reserve cut interest rates by 0.25% and signaled a potential end to quantitative tightening (QT), gold extended its strong upward momentum.
Institutional and ETF buying continues to drive prices higher, with gold now testing the key psychological level at $4000/oz.
2. Technical Analysis
• Near-term Support: $3960 – $3970
• Deeper Support: $3935 – $3940 (pre-Fed accumulation zone & H4 EMA50)
• Immediate Resistance: $3988 – $4000
• Extended Resistance: $4025 – $4040 (mid-October technical high)
• Momentum: Both EMA20 and EMA50 on H1 and H4 are sloping upward, confirming strong bullish momentum. RSI remains elevated (70–75), signaling overbought but still strong trend conditions.
• Volume: Continues to rise steadily, showing sustained institutional inflows. However, short-term correction risks remain near $4000 due to overextension.
3. Outlook
The overall trend remains bullish, but caution is advised as gold approaches the $4000–$4040 resistance zone — a potential area of strong profit-taking.
If gold fails to break above $4040 decisively, a short-term pullback toward $3970 or $3940 is likely.
4. Suggested Trading Plan
🔺 BUY XAU/USD
Entry: $3925 – $3928
🎯 TP: 40 / 80 / 200 pips
🛑 SL: $3922
🔻 SELL XAU/USD
Entry: $4037 – $4040
🎯 TP: 40 / 80 / 200 pips
🛑 SL: $4043
After the Federal Reserve cut interest rates by 0.25% and signaled a potential end to quantitative tightening (QT), gold extended its strong upward momentum.
Institutional and ETF buying continues to drive prices higher, with gold now testing the key psychological level at $4000/oz.
2. Technical Analysis
• Near-term Support: $3960 – $3970
• Deeper Support: $3935 – $3940 (pre-Fed accumulation zone & H4 EMA50)
• Immediate Resistance: $3988 – $4000
• Extended Resistance: $4025 – $4040 (mid-October technical high)
• Momentum: Both EMA20 and EMA50 on H1 and H4 are sloping upward, confirming strong bullish momentum. RSI remains elevated (70–75), signaling overbought but still strong trend conditions.
• Volume: Continues to rise steadily, showing sustained institutional inflows. However, short-term correction risks remain near $4000 due to overextension.
3. Outlook
The overall trend remains bullish, but caution is advised as gold approaches the $4000–$4040 resistance zone — a potential area of strong profit-taking.
If gold fails to break above $4040 decisively, a short-term pullback toward $3970 or $3940 is likely.
4. Suggested Trading Plan
🔺 BUY XAU/USD
Entry: $3925 – $3928
🎯 TP: 40 / 80 / 200 pips
🛑 SL: $3922
🔻 SELL XAU/USD
Entry: $4037 – $4040
🎯 TP: 40 / 80 / 200 pips
🛑 SL: $4043
עסקה פעילה
Gold remains in a short-term uptrend, and if it holds above the 3960–3950 zone, it could soon break toward the 4000 level.עסקה סגורה: היעד הושג
Gold is currently consolidating between 3955 and 3980, showing a pause before the next directional move; as long as it holds above 3960, the bullish bias remains intact with potential to retest 3988–4000,but a break below 3950 could trigger a deeper correction toward 3935.
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פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
📊 Forex | Gold | Crypto Market Insights
📰 Real-time news updates & expert analysis
💡 Technical breakdowns & market outlooks
🔗 Join our free group: telegram.me/+DmS-dVFJMm40MDM9
📰 Real-time news updates & expert analysis
💡 Technical breakdowns & market outlooks
🔗 Join our free group: telegram.me/+DmS-dVFJMm40MDM9
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
