GOLD TRADING PLAN – Triangle Squeeze, All Eyes on NFP

【XAU/USD】GOLD TRADING PLAN – Triangle Squeeze, All Eyes on NFP
Gold continues to trade within a large symmetrical triangle, tightening toward the end of its range. However, current candle structure shows clear bullish momentum, indicating the potential for a strong upside breakout.

🔍 Today’s Key Focus: Non-Farm Payrolls (NFP)

Market expectations are pointing to weaker-than-expected US economic data, which could trigger strong FOMO-buying for gold if confirmed. A poor NFP report would likely weaken the USD, supporting bullish continuation.

🔑 Strategy and Key Technical Levels:
Watch for a confirmed breakout above the descending trendline to trigger Wave 3 of the bullish structure.

CP ZONE + OBS BUY ZONE triggered yesterday already yielded 160+ pips profit.

Strategy: Prefer buy-the-dip entries. SELL setups only valid on strong resistance rejection. Avoid counter-trend trades near breakout zones.

🟩 BUY ZONE:
Entry: 3276 – 3274
Stop Loss: 3270
Take Profits:
3280, 3284, 3290, 3294, 3300, 3305, 3310, 3320, 3330, 3340, 3350

🟥 SELL ZONE:
Entry: 3339 – 3341
Stop Loss: 3345
Take Profits:
3335, 3330, 3325, 3320, 3315, 3310, 3305

Trade attivo

The plan played out exactly as forecasted! Following the release of worse-than-expected Nonfarm Payrolls (NFP), gold exploded higher, confirming the formation of a powerful Wave 3 – just as outlined in our analysis earlier this week.

As we clearly stated: There was no room for SELL setups during the breakout.
This news simply validated the bullish momentum that had been quietly building since the beginning of the week.

It’s strong. It’s aggressive. And it’s just the beginning.

🟢 Stay with the trend. BUY bias remains in play.

GOOD LUCK & congrats to those who followed the MMF plan!

Trade chiuso: obiettivo raggiunto

[XAU/USD] – Wave 3 May Be Complete – Watch for Wave 4 Pullback

As forecasted, gold may have completed its strong Wave 3 rally around the 335x key volume zone. This area includes major resistance and key levels where news-driven momentum could start to fade. A correction may be forming into the US session close, or potentially via a GAP on Monday’s market open.

📉 Lower timeframes are starting to show early reversal candle patterns – keep an eye out for Wave 4 pullbacks and get ready to catch a potential big win.

🔗 Chart:

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