Hey everyone! Sharing a long-term view on GOLD based on the weekly chart. We’ve had some wild moves lately, and there are signs that another Bear Season might be setting up. Let’s break it down:
Post-Halving 1 (Aug 2020)
After the first halving (marked as “Halving 1”), gold had a strong rally but entered a long sideways phase – which I’ve labeled as Bear Season 1.
Lots of ranging and no clear direction for a while.
Post-Halving 2 (Apr 2025)
After the second halving, gold exploded upwards again. Now we’re sitting near the $3,351 - $3,500 zone.
But here's the catch: just like after Halving 1, it might be time for the market to cool off.
Potential Bear Season 2?
There’s a red arrow marking a possible second Bear Season.
Price is extended, and we could be seeing exhaustion near the top.
Key Support Zones to Watch (for pullback):
Zone 1: $2,600 – $2,800
Zone 2: $2,300 – $2,500
Zone 3: $1,500 – $2,000 (strong accumulation zone)
Game Plan:
If we see rejection around the $3,500 area, I’ll be watching for short setups.
These support zones could be great areas to take profit or re-enter long for the long term.
Targets:
TP1: $2,800
TP2: $2,400
TP3: $1,800
Invalidation / Stop Loss:
If gold smashes through $3,500 with strong volume, this bearish idea is off the table – trend continues.
Let me know your thoughts or if you see the same setup forming. Good luck, and stay safe in the markets.
Post-Halving 1 (Aug 2020)
After the first halving (marked as “Halving 1”), gold had a strong rally but entered a long sideways phase – which I’ve labeled as Bear Season 1.
Lots of ranging and no clear direction for a while.
Post-Halving 2 (Apr 2025)
After the second halving, gold exploded upwards again. Now we’re sitting near the $3,351 - $3,500 zone.
But here's the catch: just like after Halving 1, it might be time for the market to cool off.
Potential Bear Season 2?
There’s a red arrow marking a possible second Bear Season.
Price is extended, and we could be seeing exhaustion near the top.
Key Support Zones to Watch (for pullback):
Zone 1: $2,600 – $2,800
Zone 2: $2,300 – $2,500
Zone 3: $1,500 – $2,000 (strong accumulation zone)
Game Plan:
If we see rejection around the $3,500 area, I’ll be watching for short setups.
These support zones could be great areas to take profit or re-enter long for the long term.
Targets:
TP1: $2,800
TP2: $2,400
TP3: $1,800
Invalidation / Stop Loss:
If gold smashes through $3,500 with strong volume, this bearish idea is off the table – trend continues.
Let me know your thoughts or if you see the same setup forming. Good luck, and stay safe in the markets.
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