XAU/USD & XAG/USD - Gold & Silver Traders Thread
My view on gold this week: I think gold might be gearing up for another move toward the upcoming resistance. At the end of last week’s trading session, there was solid momentum forming around the 3330 support zone. Even if we see a drop, I believe it could trigger some buy limit orders placed between 3329 and 3334. Let’s watch it together and see how things play out. Wishing everyone a great trading week ahead!
But I have to say—I really like this setup, and I still believe gold could make a strong move upward from this zone. It’s a continuation of yesterday’s picture, and I’m sticking with the idea.
{quote} Honestly, I’m thinking maybe I made a mistake
Anyway, I’m sticking with this trendline and zone until the end of the week.
{quote} I still believe gold has bullish potential
{quote} Market Reflection – Gold Outlook I’m aware that a professional trader shouldn’t express excitement just because the market moved in line with their analysis. That said, I still believe gold has room to climb further. The volume discrepancy within the candle suggests that a significant amount of hidden liquidity may be present in the market. This could indicate accumulation or positioning beneath the surface—worth keeping an eye on as we move forward. Let’s continue tracking it closely.
