Henrybillion

1. Main Trend Gold continues to show a strong bullish structure, supported by multiple bullish flag/pennant patterns. Each consolidation phase has been followed by a breakout to the upside, confirming that buyers remain in full control. 2. Key Support & Resistance Levels Immediate Resistance: 3,700 USD – a strong psychological level now being tested. Next Resistance: 3,720 – 3,735 USD if price breaks above 3,700. Near-Term Support: 3,675 USD (aligned with EMA20 on H1). Major Support Zone: 3,640 – 3,645 USD (previous breakout area & trendline confluence). 3. Technical Indicators EMA20 & EMA50: Price trades firmly above both EMAs, confirming a bullish trend. RSI (H1): Approaching 70, suggesting potential short-term pullback before continuation. Fibonacci Levels: A retracement toward the 38.2% level aligns with support at 3,645 USD. 4. Trading Strategies Strategy 1 – Breakout Buy: Enter long if price breaks and closes above 3,700 with momentum. Targets: 3,720 – 3,735 USD. Stop-loss: below 3,685 USD. Strategy 2 – Buy on Dip (safer entry): Wait for a pullback toward 3,675 – 3,645 USD. Targets: 3,700 – 3,735 USD. Stop-loss: below 3,625 USD. Strategy 3 – Short-term Sell (countertrend): If price rejects 3,700 with reversal candlesticks, short toward 3,675 USD. Stop-loss: above 3,705 USD. Conclusion: Gold remains in a strong uptrend with every dip being absorbed quickly. The 3,700 USD level is the key psychological barrier today. While the priority is still buying with the trend, traders should wait for either a confirmed breakout or a healthy pullback to enter at optimal levels. Follow this analysis to stay updated with new strategies, and save it if you find it useful for your trading plan.

On the H1 chart, gold continues its strong bullish momentum, forming and breaking out of multiple bullish flag patterns. Each corrective pullback stayed inside a downward channel before breaking upward, confirming that the dominant trend remains uptrend. 1. Technical Outlook EMA: Price is trading well above short-term EMAs, showing strong bullish control. Trendline: The ascending trendline from early September is still intact with no sign of reversal. Fibonacci: The rally from 3,580 to 3,683 has a key Fib 38.2% retracement around 3,650 – 3,655, making it a critical support zone. RSI: Currently neutral (55–60), leaving room for further upside before reaching overbought levels. 2. Key Support and Resistance Levels Immediate Support: 3,655 – 3,660 (Fib 38.2% + trendline confluence). Major Support: 3,620 – 3,625 (previous correction low). Immediate Resistance: 3,690 – 3,700 (short-term high). Major Resistance: 3,720 – 3,725 (psychological barrier + Fib 161.8% extension). 3. Trading Strategies Strategy 1: Buy on Dip Entry: 3,655 – 3,660 Stop Loss: 3,640 Take Profit: 3,690 – 3,700, extended to 3,720 Strategy 2: Breakout Buy If price breaks above 3,690 – 3,700 with strong volume Target: 3,720 – 3,725, extended to 3,750 Stop Loss: below 3,680 Strategy 3: Intraday Scalping On M15 chart, buy around 3,670 – 3,675 during minor pullbacks Quick targets toward 3,690 4. Conclusion The overall bias for today remains bullish. Buying on dips near support zones is favored over counter-trend selling. Watch the 3,655 support and 3,700 breakout level closely, as they will determine today’s directional move. If gold breaks and holds above 3,700, the door opens for a potential rally toward 3,750+.

1. Main Trend Gold is consolidating within a falling wedge pattern on the H1 chart, often considered a bullish continuation setup. After last week’s strong rally, price is now ranging around 3,641 – 3,645 USD/oz, holding well above key support levels. 2. Key Support & Resistance Levels Immediate Support: 3,641 USD (a break below could lead to 3,625 USD). Near Resistance: 3,655 – 3,660 USD (upper wedge boundary). Major Resistance: 3,686 – 3,690 USD (Fibonacci extension zone, breakout target). 3. Technical Indicators EMA 50 & 200 (H1): Price is consolidating above EMA 50, showing that bullish momentum remains intact if 3,640 holds. RSI (14): Hovering near the 50 mark, leaving room for upside if the wedge breaks. Fibonacci: Current retracement aligns with the 0.382 level, a common support zone for trend continuation. 4. Trading Strategies: Bullish Scenario (primary): Wait for a confirmed breakout and H1 close above 3,655 – 3,660 USD. Short-term targets: 3,675 – 3,686 USD. Extended target: 3,700 – 3,710 USD if momentum accelerates. Pullback Scenario: If price breaks below 3,640 – 3,641 USD, expect a retest of 3,625 USD. This zone may still provide a buying opportunity unless structure breaks further. 5. Risk Management Stop-loss below 3,620 USD to protect against false breakouts. Maintain at least a 1:2 risk-to-reward ratio for optimal trade setups. Conclusion: Gold is building momentum for a potential breakout above 3,660 USD, with upside targets toward 3,686 – 3,700 USD. Traders should stay patient and wait for a clear confirmation before entering. Follow for more daily gold trading strategies and remember to save this analysis if you find it useful.

1. Main Trend Gold (XAUUSD) has recently rallied from 3,560 → 3,665, but on the H1 timeframe the market is now forming a potential ABC corrective structure. Wave (A) has completed. Wave (B) is a technical pullback. Wave (C) is expected to push lower, testing key support levels. 2. Key Resistance Levels 3,660 – 3,670 USD/oz: Major resistance zone where price has been rejected multiple times. This area also aligns with the 20 EMA on H1 and the 61.8% Fibonacci retracement of wave (A). 3. Key Support Levels 3,600 – 3,610 USD/oz: First support to watch. A breakdown here could accelerate the bearish move. 3,575 – 3,585 USD/oz: Strong support area, confluence with the 161.8% Fibonacci extension of wave (A). 4. Technical Indicators RSI (H1): Turning lower from the 50 midline, suggesting bearish momentum. EMA 50 – EMA 200: Both EMAs still sloping upward, but price is testing the lower band, signaling a short-term correction. Price Action: Repeated rejections around 3,660 highlight sellers’ dominance. 5. Trading Strategies for Today Short Setup (Preferred) Sell limit: 3,655 – 3,660 Stop loss: 3,675 Take profit 1: 3,610 Take profit 2: 3,580 Countertrend Buy (Speculative) Buy: 3,580 – 3,585 Stop loss: 3,565 Take profit: 3,620 – 3,630 - Conclusion: Gold is currently in a short-term corrective phase, with downside potential towards 3,600 – 3,580. Sellers remain in control on the H1 chart. Traders should monitor support reactions closely to identify any short-term buying opportunities. - Save this analysis if you find it useful, and follow for more trading strategies in the next sessions.

Gold is currently trading around 3,643 USD/oz, after bouncing from a short-term descending channel. However, price is now testing a key resistance zone at 3,650 – 3,668 USD, where selling pressure could return. Key Technical Levels Resistance: 3,650 – 3,668 USD (previous highs + 61.8% Fibonacci retracement). Support: 3,585 – 3,600 USD (previous low + EMA confluence). Technical Outlook On the H1 timeframe, price retested the descending trendline after a channel breakout. RSI is flattening near the overbought zone, signaling weakening bullish momentum. EMA is turning sideways, confirming indecision at this level. Trading Strategy Primary Scenario (Short from Resistance): Entry: 3,646 – 3,650 USD Stop-loss: above 3,668 USD Take-profit: 3,600 – 3,590 USD Alternative Scenario (Long on Breakout): If price breaks and closes above 3,670 USD, bullish momentum could extend toward 3,700 – 3,715 USD. Conclusion Gold is facing strong resistance, making a short-term pullback the favored setup. Watch how price reacts around 3,650 – 3,668 USD for trade confirmation. Follow for more daily gold strategies and remember to save this analysis if you find it useful.

Technical Outlook Main Trend: Gold has been rallying within an ascending channel since late August but recently broke out and is now consolidating below resistance. Key Resistance: 3,665 – 3,670 USD. Price has been rejected multiple times here, showing strong selling pressure. Key Support: 3,600 – 3,605 USD. A break below this zone may trigger further bearish omentum. EMA & RSI: Price is testing short-term EMAs while RSI shows bearish divergence – signaling potential downside pressure. Fibonacci Levels: The 3,600 zone aligns with the 38.2% retracement of the latest bullish leg, making it a critical pivot. Trading Strategies Bearish Scenario (Primary Setup) Look for Short opportunities if price fails at 3,665 – 3,670. Target 1: 3,630 Target 2: 3,600 Stop Loss: Above 3,675 Bullish Scenario (Alternative Setup) If price closes above 3,670 (H1/H4 with volume confirmation), bullish momentum could resume. Target: 3,700 – 3,720 Conclusion Gold is currently testing a major resistance area. A short-term correction toward 3,600 is likely before the next clear direction develops. Watch price action closely at 3,665 and 3,600 for confirmation of entry. - Follow for more intraday strategies and save this analysis if you find it useful.

On the H1 timeframe, Gold is showing signs of weakness after failing to hold the key resistance zone. Price is currently trading around 3,622 USD, with short-term selling pressure becoming more visible. Key Technical Levels: Resistance: 3,634 – 3,657 USD → Strong supply zone where sellers are actively pushing price down. Support: 3,616 – 3,570 USD → A breakdown below this area could trigger a deeper pullback toward 3,552 USD. EMA Signals: Price has slipped below short-term EMAs and is now testing the mid-term EMA, signaling corrective momentum. The EMA200 (purple line) sits around 3,570 USD, overlapping with strong support → this level will be decisive for the next trend direction. Trading Strategy: Bearish Scenario (preferred): Consider short positions if price retests 3,630 – 3,634 USD. Targets: 3,616 → 3,570 USD. Stop-loss above 3,657 USD. Bullish Scenario (countertrend): Only consider long entries near 3,570 – 3,552 USD if clear reversal signals appear. Recovery targets: 3,616 → 3,634 USD. Conclusion: Gold faces short-term downside pressure and may test the 3,616 – 3,570 USD support zone. The reaction around EMA200 will determine whether this is just a technical correction or the start of a deeper bearish phase.

Gold continues to respect its bullish structure after breaking out of the ascending channel and is currently unfolding a potential short-term Elliott Wave (3)–(5) pattern. Price is consolidating around $3,630–$3,640 after a corrective pullback. Technical Outlook Trendline: The bullish channel remains intact; no breakdown of structure yet. Key Resistance: $3,685–$3,700 (previous Wave (1) top). A clean breakout above this zone may open the door toward $3,720–$3,740. Immediate Support: $3,615–$3,605 (Wave (2) low). Holding above keeps the bullish scenario valid; a breakdown may drag price back to $3,585. EMA 50 & 100 (H1): Both acting as dynamic support, confirming bullish bias. RSI (H1): Cooling down from overbought, creating fresh upside room. Fibonacci retracement: Wave (2) corrected neatly around the 38.2% retracement, reinforcing the continuation scenario. Trading Strategy Buy zone: $3,615–$3,620, with stop-loss below $3,600. Take profit 1: $3,685–$3,700. Take profit 2 (if breakout holds): $3,720–$3,740. If price breaks below $3,600, step aside and wait for new signals. The main bias remains bullish. Focus on trading the impulsive waves and watch closely how price reacts at $3,615 support and $3,685 resistance.

Gold has been in a strong bullish channel since late August, but the current rally is facing a heavy resistance zone at 3,665 – 3,675 USD/oz, where signs of a corrective move are emerging. 1. Technical Outlook Trendline & Channel: Price has been respecting the ascending channel but is now testing resistance and showing weakness. Fibonacci Retracement (from 3,395 → 3,675): 0.382 ~ 3,565 0.5 ~ 3,535 0.618 ~ 3,505 RSI (H1): Overbought (>70) and turning down, suggesting short-term correction. Elliott Wave: A corrective ABC structure is in play. Wave A has started, with Wave C possibly targeting 3,545 – 3,505. 2. Key Levels Resistance: 3,665 – 3,675 Short-term Support: 3,625 – 3,585 Major Support: 3,545 – 3,505 (confluence with Fibonacci 0.5 – 0.618) 3. Trading Strategies Short-term Sell Setup: Entry: 3,655 – 3,665 (resistance zone) TP1: 3,585 TP2: 3,545 – 3,505 SL: 3,685 Medium-term Buy Setup (Buy Limit Strategy): Entry: 3,545 – 3,505 (support & Fibo cluster) TP: 3,625 – 3,665 SL: below 3,485 4. Conclusion Gold is likely entering a corrective phase after testing the strong resistance zone. Traders may consider shorting near resistance and buying back at deeper support levels. - Keep these resistance–support levels on your chart for today’s trading plan, and follow along for more updated strategies.

Gold (XAUUSD) – Intraday Analysis: Resistance Rejection and Pullback Scenario Gold has been trading in a strong uptrend channel since late August, but today’s price action is showing the first signs of exhaustion. On the H1 timeframe, price reached a key resistance zone around 3,670 – 3,680 USD/oz and immediately rejected, breaking out of the rising channel. This signals a potential short-term pullback. Key Technical Levels Resistance: 3,670 – 3,680 (major rejection zone). If bulls manage to break above, the next upside target will be 3,720 – 3,750. Support: 3,600 (psychological level + EMA20 H1). 3,540 – 3,550 (recent swing low + Fibonacci 0.382). 3,500 (major support with confluence at Fibonacci 0.5). Trading Strategies Bearish Setup (preferred intraday scenario): Look for short positions if price fails to reclaim 3,670 – 3,680. Entry zone: 3,635 – 3,650. Targets: 3,600 → 3,550 → 3,500. Stop loss: above 3,685. Bullish Setup (alternative scenario): Consider longs only if price holds firmly above 3,600 and shows reversal signals. Entry: 3,600 – 3,610. Target: 3,660 – 3,670. Stop loss: below 3,590. Indicator Confirmation EMA20 vs EMA50 (H1): a bearish cross will strengthen the pullback outlook. RSI (H1): already leaving overbought territory, supporting a correction. Fibonacci retracement: 3,550 and 3,500 are crucial pullback levels to watch. Conclusion: Gold is showing rejection at the 3,670 resistance area, with high probability of a pullback toward 3,600 – 3,550. Short setups remain favorable, but traders should stay flexible in case bulls defend 3,600 strongly. - If you find this analysis useful, remember to follow for more updated strategies and save it for reference during today’s trading session.