Gold Blow-Off Top? Short Setup Building at All-Time Highs

3월 25일

Gold just broke into all-time highs above $3,000, and everyone’s celebrating… but that might be exactly the problem.

This kind of vertical rally after a long grind could be setting up for a classic fakeout or blow-off top. Price is going parabolic, and when that happens, gravity usually follows.

📉 Why I’m Eyeing a Short:

Price is extended far from key moving averages and long-term trendlines.

We’re seeing a steep, unsustainable move, similar to past tops (2011 vibes?).

No consolidation = no support below. If it breaks down, there’s air underneath.

Everyone's bullish. I love fading that.

🔻 Trade Plan:

Entry: If gold starts rejecting $3,050–$3,100 zone with heavy selling wicks

Stop loss: Just above the recent highs ~$3,120 (to avoid being squeezed)

Target 1: $2,950 (first support zone)

Target 2: $2,800 (major support / prior breakout area)

⚠️ Risk:

This is a counter-trend trade, so timing is everything

If momentum continues, don’t fight it — wait for a clear rejection or breakdown

4월 10일

노트

Gold hit the exact $3,050–$3,100 rejection zone, tagged the highs near $3,120, then wicked back down — just as planned.

🎯 TP1 at $2,950 hit
Next up: Watching for continuation toward $2,800 (major support + breakout retest)

Still a counter-trend trade, but risk now reduced after securing partial profit.