#XAUUSD was consolidating inside the wedge throughout last week, and on Friday, it finally broke out & Rallied over 1200 pips afterward.. 🏄‍♂️

Now Gold is doing the same thing again, consolidating inside the wedge.. let’s see what happens next..⌛️📈

#XAUUSD +600 pips Profit so far Since the Breakout..🔥📈

I hope you guys Enjoyed the RIDE.. 😊

#XAUUSD 📈✅

#XAUUSD Still Moving above the Major Trendline..!!

Bulls Will Remain in complete control as long as the trendline holds..📈

Once the 4H candle closes below 3800, I’ll be entering a short position.. (Wait for Confirmations)

Target zone: 3590–3600

#XAUUSD Falling Wedge formation on the 5m Chart..!!

Expecting +150 pips Bearish Wave after Breakout Confirmation..📉

#DXY is on the Verge of Falling Wedge Breakout on the Daily TF Chart..📈

🎯 Midterm Target : 104.60

#EURUSD Rising Wedge Breakout/Retest ✅

#DXY Falling Wedge Breakout is Confirmed on the Daily timeframe Chart..✅

#EURUSD +200 PIPs Profit so far.. 🔥

#XAUUSD longer the consolidation, the bigger the Rally that follows. 🚀

#XAUUSD Potential Double top formation on the 4h timeframe Chart..🧐

#XAUUSD (15M) Cup & Handle Formation..🧐

Getting Ready for Another Bullish Rally..🔜

#XAUUSD (BUY)

ENTRY 4340 - 4320

Targets 4370 - 4390 - 4420 - 4444

Stop Loss 4300

🚨The price of gold recorded its biggest one-day percentage fall in about 12 years, plunging more than 6 % after having hit record highs.

The drop is estimated to have erased roughly US$1.75 trillion from gold’s market value.

Why it happened👇

Several inter-linked drivers appear to have triggered the sharp sell-off:

🔺Profit-taking after a rapid surge: Gold had surged significantly this year (up ~60 % or more) and had reached multiple record highs, which made many investors look to lock in gains.

🔺Stronger US dollar and reduced safe-haven demand: A firmer US dollar makes dollar-denominated gold more expensive for other‐currency buyers and therefore tends to reduce demand.

🔺Easing global tensions temporarily reduced one of the key motivations for buying gold (i.e., as a safe‐haven asset).

🔺Overbought conditions / stretched valuations: With gold prices having climbed strongly, some market watchers argued the metal was in an over-extended state and vulnerable to a sharp reversal.

🔺Liquidity and positioning issues: there was a lack of updated futures market data because of a US government shutdown, which reduced transparency and may have exacerbated the sharp move.

#XAUUSD Still Moving above the Major Trendline on the 4h TF Chart..!!

Let's Recover Yesterday's Loss..😉