LiamTrading – Intraday Trading Outlook
Looking at the global financial picture, we can see an extraordinary alignment:
Equities – All-Time High (ATH)
Housing Prices – ATH
Bitcoin – ATH
Gold – ATH
Money Supply – ATH
National Debt – ATH
CPI Inflation – averaging 4% annually since 2020, twice the Fed’s “target”
Federal Reserve – continuing to cut interest rates this month
It is clear that cheap money combined with persistent inflationary pressure is a powerful driver behind gold’s move into historic territory. In this context, looking for buying opportunities in line with the trend remains the more rational approach.
📊 Technical Analysis – H1 Chart
Gold is moving within a well-defined upward channel.
Volume Profile indicates the POC around 3840-3850, an important level for potential scalping buys.
The VAL aligns with the rising trendline near 3820-3822, providing strong confluence for medium-term buying.
A confirmed break above 3895 (new ATH) would support further trend-following buys.
Key resistance sits at 3913-3915, suitable for short-term scalping sells.
🎯 Trading Scenarios
Buy scalping: 3845 | SL 3839 | TP 3856 – 3870
Buy zone (main): 3820 – 3822 | SL 3816 | TP 3832 – 3845 – 3860 – 3875 – 3890
Sell scalping: 3915 – 3913 | SL 3920 | TP 3900 – 3885 – 3872 – 3860
Buy breakout: A confirmed move above 3895 → continue buying with targets open towards 3915+
📌 Conclusion
Gold remains in a strong uptrend, supported by both fundamental and technical factors. Short-term corrections are better viewed as opportunities to build on buy positions. That said, it is important to keep an eye on nearby resistance levels to optimise entries.
👉 This is my personal perspective on XAUUSD and not investment advice.
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