XAUUSD Daily View
GOLD (US$/OZ) TVC:GOLD
The area I’m watching most is $4,000–$3,976. Buyers have been defending this zone, so as long as it holds, I’d still treat the current move as consolidation rather than a confirmed downtrend.
On the upside, I want to see price reclaim $4,050–$4,061 first. But the bigger confirmation for me would be a daily close above $4,100–$4,110. If gold can hold that breakout, I’d be watching $4,175 and then $4,200.
If we lose $3,976–$4,000, though, the setup starts looking much weaker. A break below $3,965 could open the door for another downside move.
So basically, this is what I’m watching:
Above $4,110 → bullish momentum gets more interesting
$4,000–$4,110 → still range-bound
Below $3,976 → bearish pressure increases
Below $3,965 → possible continuation lower
And honestly, this is where I’ve been enjoying the new TradingView charts on Bitget CFD. Having tools like Volume Profile, Ichimoku, TRIX, Heikin Ashi and Renko available makes it easier to build the analysis directly around the setup instead of jumping between different platforms.
For this kind of chart, I’d rather keep things simple and let the important levels do the talking. No need to throw 15 indicators on the screen just because we can. 😭
I’m also planning to use these analyses as part of my Private Elite CFD Copy Trading portfolio. It’s invite-only, so instead of putting everything on a public leaderboard, I can share my analysis and let people I invite follow the trades through copy trading.
The Private Elite portfolio can have up to 100 copiers, with up to 10 invitation links, and profit sharing can be set anywhere from 0%–50%.
So if you’ve been following my gold setups and want to see how I actually trade them, this is basically where the analysis meets the execution. 👀
For now though, I’m keeping my eyes on $4K vs. $4.1K.
Let gold decide first. I’ll react after. 🤍