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GOLD → Return to range. Fall from resistance...FX:XAUUSD is reacting to data related to the tariff war. The price is returning to the range and forming a false breakout of resistance. The level of 3370 and the zone of interest at 3387 play a key role. On Thursday, gold rose to $3,400 amid a weaker dollar, increased demand for safe-haven assets, and continued uncertainty due to US trade policy and tensions in the Middle East and Ukraine. The Fed left rates unchanged and expressed caution in its assessment of the outlook, which also supports gold's rise. However, in the European session, we are seeing gold react to the trade deal with Britain, most likely due to the easing of tariffs. Now the main focus is on the terms of the deal. We should not forget about China, where the situation remains tense, but everyone is waiting for a resolution. Resistance levels: 3352, 3369, 3385 Support levels: 3319, 3269 The fundamental backdrop changes several times a day. At the moment, the situation is as follows: the rise of the dollar, the weakening of the tariff war, and the hawkish stance of the Fed may put pressure on gold. Therefore, I expect the decline to continue after a retest of 3370-3386. In this case, the target could be 3319. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
29
GOLD Analysis - Can buyers push toward 3,410$?OANDA:XAUUSD is trading within a clear ascending channel, with price action consistently respecting both the upper and lower boundaries. The recent bullish momentum indicates that buyers are in control, suggesting there's chances for potential continuation on the upside. The price has recently broken above a key resistance zone and now came back for a retest. If this level holds as support, it would reinforce the bullish structure and increase the likelihood of a move toward the 3,410 target, which aligns with the channel’s upper boundary. As long as the price remains above this support zone, the bullish outlook stays intact. However, a failure to hold above this level could invalidate the bullish scenario and increase the likelihood of a deeper pullback. Remember, always confirm your setups and use proper risk management.
OANDA:XAUUSDLong
by TrendDiva
95
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone, Once again another smashing day on the charts today. After sharing updates and completing targets on our 1h chart idea; please now see update on our 4H chart idea, which is also playing out as analysed. We started with our Bullish target hit at 3282, followed with ema5 cross and lock opening 3343, which was hit perfectly. We then got ema5 cross and lock above 3342 opening 3404, also got completed. The cross and lock confirmation gave plenty of time to get in for the action. No further cross and lock with ema5 above 3404 confirmed the perfect rejection, which we are seeing now, with price testing the lower Goldturns for support. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3282 - DONE EMA5 CROSS AND LOCK ABOVE 3282 WILL OPEN THE FOLLOWING BULLISH TARGET 3343 - DONE EMA5 CROSS AND LOCK ABOVE 3343 WILL OPEN THE FOLLOWING BULLISH TARGET 3404 - DONE EMA5 CROSS AND LOCK ABOVE 3404 WILL OPEN THE FOLLOWING BULLISH TARGET 3439 EMA5 CROSS AND LOCK ABOVE 3439 WILL OPEN THE FOLLOWING BULLISH TARGET 3503 BEARISH TARGETS 3224 EMA5 CROSS AND LOCK BELOW 3224 WILL OPEN THE FOLLOWING RETRACEMENT RANGE 3190 3138 EMA5 CROSS AND LOCK BELOW 3138 WILL OPEN THE SWING RANGE SWING RANGE 3088 - 3046 EMA5 CROSS AND LOCK BELOW 3046 WILL OPEN THE SECONDARY SWING RANGE SECONDARY SWING RANGE 3015 - 2988 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
5
SPY/QQQ Plan Your Trade For 5-8 : Carryover PatternToday's Pattern is a Carryover pattern in Carryover mode. After yesterday's FOMC news (unchanged), the markets are seeking a bit of direction. Bitcoin rallied and INVALIDATED a EPP Flagging pattern. In my opinion this suggests the SPY/QQQ may attempt to move a bit higher after the Fed decision. Although, I still believe the global markets are reacting to uncertainty and tariff news within a very broad consolidation range. So, I'm cautious of trying to go ALL-IN on any long trades at the moment. Until we break clear of the consolidation range, price could break strongly to the downside on news or geopolitical content. In reality, any type of big news could prompt a downward price move within an uptrend or a consolidation range. It just seems as though the current global market environment is fraught with uncertainty - so I continue to stay cautious. Gold and Silver pulled downward overnight. But I still believe metals will continue to rally - attempting to hedge against global risks. With Bitcoin rallying a bit higher (still in consolidation) - let's see how the next few days play out. I would be surprised if BTCUSD and the SPY rallied to new highs before the end of May. VERY SURPRISED given the status of the global markets. But, the markets can stay completely irrational much longer than I can try to fight them. So we have to move WITH the markets - not against them. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
AMEX:SPYShort
by BradMatheny
13
XAU/USD: Gold Regains Strength After Pullback – New Highs Ahead?By analyzing the gold chart on the 2-hour timeframe, we can see that yesterday, as expected, gold surged above $3400, reaching as high as $3439 before facing strong selling pressure, dropping sharply to $3359. Currently, gold is trading around $3385, and if the price can hold above $3366, we may expect further bullish momentum. I believe gold is setting up for another move above $3400, potentially aiming to break into new highs once again. THE LATEST ANALYSIS : Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
FX_IDC:XAUUSDLong
by ArmanShabanTrading
51
XAU/USD - Fed warns of Economic UncertaintyThe XAU/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Bullish Flag Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position around Trendline Of The Pattern. Target Levels: 1st Resistance – 3473 2nd Resistance – 3519 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
FX:XAUUSDLong
by KABHI_TA_TRADING
12
Gold's Bearish Momentum Builds from PRZ-Short SetupGold ( OANDA:XAUUSD ) started to decline exactly from PRZ (previous idea) as I expected in my previous idea . And with the loss of the Support zone($3,387-$3,357) we can expect further decline. Gold is currently moving near the Resistance zone($3,387-$3,357 ) and the Potential Reversal Zone(PRZ) . From the Elliott Wave theory , Gold appears to have completed a five-wave impuls e and we should expect corrective waves . Since the momentum of the second decline that broke the Support zone($3,387-$3,357) is high , the correction is expected to continue and Gold appears to be completing a pullback . --------------------------------------------- The US Unemployment Claims Index was also released a few minutes ago, and let's take a look and examine the possible impact on Gold . This better-than-expected data confirms a stronger U.S. labor market , reducing the urgency for the Fed to cut rates anytime soon . Impact on Gold : A resilient job market supports the hawkish stance of the Fed , which could keep downward pressure on Gold in the short term as yields and the dollar remain firm. However, traders should remain cautious and watch for upcoming data and Fed commentary, which could shift the tone. --------------------------------------------- I expect Gold to start falling from Potential Reversal Zone(PRZ) to the targets I have indicated on the chart. The first target could be around $3,319 . Note: If Gold touches $3,401(the worst Stop Loss(SL)), we can expect the resistance lines to break and gold to rise further. Gold Analyze ( XAUUSD ), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
7
DeGRAM | GOLD has reached the channel boundary📊 Technical Analysis ● Chart shows a bullish breakout from the falling wedge into a rising channel. Support near $3,300 held firm, and price is now above the $3,360 pivot, eyeing the $3,430–$3,500 resistance zone. Oscillators on daily chart remain positive, reinforcing the upward bias. 💡 Fundamental Analysis ● Global uncertainty is fueling safe-haven demand: tensions in Ukraine, the Middle East and renewed US-China trade fears are supporting gold. ● A softer US dollar and policy uncertainty also boost bullion; analysts note continued demand keeping prices elevated above $3,000. ● Bank of America highlights that US trade-policy uncertainty will “lend support” to gold prices. ✨ Summary Upside momentum remains strong, with key support around $3,300–$3,360. Gold’s long bias points toward ~$3,500 in the short term, underpinned by geopolitical risks and a weak dollar. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
FX:XAUUSDLong
by DeGRAM
4
THE KOG REPORT - FOMCTHE KOG REPORT – FOMC This is our view for FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in price. Our NFP KOG Report worked pretty well apart from it being a Friday and us closing out positions for the weekend only for the move to complete on Monday. For this FOMC we’ll share the levels and potential reaction points on the red boxes as well as the red box target levels. Due to the range, it’s best to wait for the break and also for them to move the price to where they want, then hunt the trade once price has settled. We have the immediate support level below 3360-55 which if held can push this upside to break the recent high and that 3480-90 level again. Break of that level we have red box region 3330-20 which is where we could get a RIP but that will give us the flip with potential for the order region 3350-55 to turn into resistance unless broken. For that reason, a down move for now could only give scalps for decent captures on tap and bounces. 3320 is the line in the sand, if broken below we’ll get the long from the 3290-95 region which will come next week. Note, these days it’s only Trump that manages to move the markets aggressively, so this FOMC is most likely already priced in. Not worth attempting the immediate levels so we’ll rather wait for the extreme levels. RED BOXES INDI LEVELS: Break above 3395 for 3406, 3410, 3420, 3430 and 3435 in extension of the move Break below 3375 for 3370, 3366, 3356, 3351 and 3345 in extension of the move Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
11
SPY/QQQ Plan Your Trade For 5-7 : Post FOMC UpdateThis video highlights a number of factors why I believe the markets are stalling and are likely to REVERT back to the 515-525 area on the SPY. Without any real economic driving component, while tariffs and other concerns continue to play out, I believe the SPY will continue to search for Ultimate Support over the next 5-7+ months, then move into an upward reversion phase. Part of what I'm trying to teach my followers is to try to understand how price operates in structures and phases. Price only does two things: TRENDS or FLAGS Within those phases, price structures (EPP, Cradle, and others) take over to determine how and why price may or may not attempt to make certain price moves. Additionally, without any bias, or economic impetus (driver), price tends to REVERT. In this video, I show you how to use the STDDEV channels to identify possible target areas for the different phases of market trend. Ultimately, IMO, trading is about being able to see the price structure, phases, and path of least resistance (in terms of bias/expectations). This helps us position for the highest probability outcome (and hopefully for successful trades). Remember, all of these techniques can be applied to intra-day charts the same way I'm applying them to Daily and Weekly charts. Remember, price only does two things: TREND or FLAG. Once you understand that, applying price structures/phases to price while it TRENDS or FLAGS helps you to gain a keen understanding of where price may target/move in the immediate future. Hope this helps. Get Some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
AMEX:SPY
by BradMatheny
10
XAU/USD: Bullish Momentum Builds Near Breakout Zone, Key SupportGold (XAU/USD) is gaining strength after rebounding from trendline support, forming a sharp impulsive move and now hovering near a potential breakout zone. Momentum remains bullish, as the price reclaims previous highs and eyes the upper resistance boundary around 3,495.000. The structure favors trend continuation as long as price remains above the key support zone at 3,345.000, where trendline and previous day’s high converge. A sustained move above 3,400 could confirm a breakout, but the risk of a false breakout remains. Currently, the price is consolidating above a critical intersection of trendline and horizontal support near 3,300. This level must hold for bulls to retain control. A bounce from this zone would support a move toward the upper resistance, with the next target at 3,495.000. However, a break below 3,345.000 may invalidate the setup and lead to deeper correction
FOREXCOM:XAUUSDLong
by RTED_Investing
2
GOLD OUTLOOK: US–UK Trade Deal in Focus as Tariff Tensions Ease GOLD OUTLOOK: US–UK Trade Deal in Focus as Tariff Tensions Ease — Is War Risk Losing Grip? The spotlight has shifted. As geopolitical tensions between India and Pakistan continue to simmer, gold has surprisingly failed to respond with the expected safe-haven spike. Instead, the market’s attention has turned sharply toward global trade negotiations — particularly the latest developments between the United States and the United Kingdom. 🌐 Global Trade Truce: Why It Matters Recent headlines confirm the UK is one of the first nations to sign a new trade and tariff agreement with the US — easing pressure from global tariff wars and restoring market confidence. ➡️ Result? The US Dollar (DXY) has staged a meaningful recovery, limiting gold’s upside and reducing short-term bullish sentiment. While the war narrative is still present, it's the economic diplomacy that’s dominating headlines and price action this week. 📉 Market Reaction: Mixed Signals & Wild Volatility Recent gold movements have been erratic — sweeping liquidity zones of nearly $100 per ounce in single sessions. This type of behavior reflects deep uncertainty and makes short-term directional trading highly risky. For now, the priority should be on key H2–H4 zones, with reduced exposure to scalp trades until structure stabilizes. 🔍 Key Levels to Watch (H4 Anchored) 🔻 SELL SCALP Entry: 3,364 – 3,366 SL: 3,370 TPs: 3,360 → 3,356 → 3,352 → 3,348 → 3,344 → 3,340 → 3,330 🔻 SELL ZONE (Breakout Rejection Area) Entry: 3,380 – 3,382 SL: 3,386 TPs: 3,376 → 3,372 → 3,368 → 3,364 → 3,360 → 3,350 🟢 BUY ZONE (Mid-Term Support) Entry: 3,322 – 3,320 SL: 3,316 TPs: 3,326 → 3,330 → 3,334 → 3,340 📌 Strategy Notes: The European session open has triggered bearish candles — be cautious on BUY setups during London hours. If you’re holding long positions from earlier this week, consider scaling out around the 3,355 zone. Keep an eye on upcoming comments from Donald Trump, especially around the new trade framework. These could trigger short-term volatility spikes or broader trend shifts. 🧠 Final Thoughts: Gold is no longer driven solely by geopolitical unrest — macro narratives are back in control. With tariff tensions easing and stronger-than-expected USD recovery, traders need to remain flexible, disciplined, and reactive — not predictive. ✅ Focus on clear levels. ✅ Trade with confirmation. ✅ Avoid emotional scalps during uncertainty. 📣 Follow this page for real-time zone updates and structured market reads. Let’s finish this week strong.
OANDA:XAUUSD
by MMFlowTrading
3
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone, Once again our trading idea delivers the goods!!! We got our target yesterday at 3382 and then followed with the cross and lock above 3382 leaving 3428 open. - This played out perfectly with 3428 getting hit. No further cross and lock above 3428 confirmed the perfect rejection into the lower weighted Goldturn. The Goldturn gave the bounces, for 20 to 40 pips, just like we always state. This was once again a double bubble move for us!! We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3260 - DONE EMA5 CROSS AND LOCK ABOVE 3260 WILL OPEN THE FOLLOWING BULLISH TARGETS 3308 - DONE EMA5 CROSS AND LOCK ABOVE 3308 WILL OPEN THE FOLLOWING BULLISH TARGET 3340 -DONE EMA5 CROSS AND LOCK ABOVE 3340 WILL OPEN THE FOLLOWING BULLISH TARGET 3382 - DONE EMA5 CROSS AND LOCK ABOVE 3382 WILL OPEN THE FOLLOWING BULLISH TARGETS 3428 - DONE EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGETS 3478 BEARISH TARGETS 3217 EMA5 CROSS AND LOCK BELOW 3217 WILL OPEN THE BEARISH TARGETS 3174 EMA5 CROSS AND LOCK BELOW 3174 WILL OPEN THE SWING RNGE 3126 3078 EMA5 CROSS AND LOCK BELOW 3078 WILL OPEN THE SECONDARY SWING RANGE SECONDARY SWING RANGE 3034 - 2979 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
9
SPY/QQQ Plan Your Trade Update : Finding Confirmation & MoreThis video will become the start of more advanced training videos to help all of you understand how to use your own skills/tools/resources to try to find the best opportunities. As I state in the video, I will never tell you what to trade. EVER! It is unethical and illegal. I'm not a broker or financial advisor. I'm a software developer/trader and I like to try to unlock the secrets of the markets using price action and inference models (and more). This video teaches you how to use my CRASH INDEX and the SuperTrend indicator as a way to develop better allocation and risk protection skills for your own trading. Let's face it - trading is about developing a process to consistently GET PROFITS. It doesn't really matter if they are 10%, 20%, 30% or more. If you are able to consistently execute good trades and PULL PROFITS - you will grow your account- right? So stop swinging for the fences. Learn to develop skills that keep you on the right side of these big trends. It's not that hard. In this video I try to teach you to use Daily, Weekly, 240 min, 120 min, 60 min, 10 min, and 5 min data using my Crash Index to help you learn to trade the SPY/QQQ. The Crash Index is suited for the SPY/QQQ in most cases. There are instances where the Crash Index may reflect some type of counter-trend - so remember to use Fibonacci Price Theory on the underlying symbol (SPY or QQQ) as final confirmation. And, remember to try to understand primary trending (longer-term trending) vs. short-term trending. If you are going to try to trade a "counter-trend" swing - cut your trade allocation down by 50-60% (or more). Counter-trend swings are usually going against the major/primary trend. Anyway, watch this video once or twice. I hope it helps all of you understand and build your own skills to trade more efficiently. The trick is to get it down to a process where you know how to allocate your capital and you know how to confirm/invalidate trade setups/triggers. Once you get to that point - you turn into a trading machine. The only step of the process that is really difficult to handle/manage is the BOOK IT phase. If you book your profits early - you may feel bad about leaving profits out there you could have had. But, a PROFIT is a PROFIT. And the goal of trading it to PROFIT more than you LOSE - right? Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
AMEX:SPY
by BradMatheny
2
GOLD - Price can bounce up to $3475 points, exiting from pennantHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 A few moments ago price traded inside flat, where it two times broke $3045 levels and then made impulse up. Price exited from flat and continued to grow inside a pennant pattern, where it later reached $3320 level. Then Gold broke this level and rose to resistance line of a pennant, and then made a correction to support level, and then broke it. After this, the price declined to the support line of the pennant, after which it turned around and bounced up. Gold broke $3320 level and rose to resisance line of pennant, but recently it made correction to this level. So, now I expect that price can bounce up from this level to $3475, thereby exiting from pennant pattern. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDLong
by WalterMoon
3
XUA/USD) bullish trend analysis Read The ChaptianSMC Trading point update Technical analysis chart for Gold Spot (XAUUSD) on the 4-hour timeframe. Here's a breakdown of the key ideas behind the analysis: 1. Trend and Structure: The overall trend shows a bullish move followed by a correction and now a potential continuation upward. A bullish breakout from a descending trendline suggests a shift in momentum from bearish to bullish. 2. Key Zones: Order Block / Buying Zone (~3,280-3,310): A demand area where price is expected to find support and potentially bounce higher. Support Level (~3,320-3,360): Price is currently above this level, suggesting buyers are in control. Resistance Level (~3,440-3,495): Marked as a potential short-term ceiling; a breakout above this level may signal strong bullish continuation. Target Point (~3,494): This is the projected take-profit level for a bullish move. 3. RSI Indicator: RSI is around 63–64, close to overbought territory but not yet extreme. This suggests moderate bullish momentum without signs of immediate reversal. 4. Projected Move: The chart outlines a possible retracement to the support or order block zone, followed by a bounce and a push toward the resistance level and target. Mr SMC Trading point Strategy Implication: Buy on pullback to the support or order block zone. Stop-loss could be placed below the order block (~3,280). Take-profit around the target zone (~3,494). pales support boost 🚀 analysis follow)
OANDA:XAUUSDLong
by SMC-Trading-Point
23
HelenP. I Gold will drop to trend line, breaking support levelHi folks today I'm prepared for you Gold analytics. Looking at the chart, we can see how the price has recently formed a narrowing wedge structure after a strong impulsive rally. The price reached a significant peak and then started consolidating, forming lower highs with fading bullish pressure. What we now see is a classic sign of price compression within a pennant pattern. Currently, the market is testing the key resistance zone between 3360 - 3380 points. This area aligns with the upper boundary of the wedge, and the price has already reacted to it multiple times. Buyers were unable to break through convincingly, indicating a potential exhaustion of momentum. Meanwhile, the lower boundary is represented by a dynamic trend line. Given this structure, I expect Gold can decline toward the support trend line and possibly reach 3300 points, my goal. The combination of horizontal resistance, trend weakening, and pattern tightening supports a short bias. Given the recent lower high, the rejection near resistance, and the wedge formation, I remain bearish and anticipate further decline. If you like my analytics you may support me with your like/comment ❤️
OANDA:XAUUSDShort
by FirstNameHelen
7
Weekly Forecasts UPDATES! ALL Markets Analyzed! Stocks & FOREXIn this Weekly Forecast UPDATE, we will analyze the S&P 500, NASDAQ, DOW JONES, Gold and Metals futures, and the FOREX Majors for Thursday, May 8th. The targets set in last weekend's forecasts are still in play! Trade accordingly. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CME:6J1!
by RT_Money
2
Gold Rally Running Out of Steam? PRZ May Trigger Drop!Gold ( OANDA:XAUUSD ) has hit the targets as I shared with you in yesterday's idae . Will this uptrend of the past 5-6 days continue? Gold seems to have broken through the Resistance zone($3,387-$3,357) and has been moving in an Ascending Channel for the past 5 days . In terms of Elliott Wave theory , Gold appears to be completing microwave 5 of the main wave 3 . The end of the main wave 3 can be at the Potential Reversal Zone(PRZ) . Also, expect to see a clear Regular Divergence(RD-) between Consecutive Peaks at the Resistance zone($3,434-$3,406) . I expect Gold to start declining from the Potential Reversal Zone(PRZ) and at least to the lower line of the ascending channel . This analysis is against the main trend, so pay more attention to money management . Note: If Gold touches $3,448(Stop Loss(SL)), we can expect more pumps. Note: If Gold falls below $3,342, we can expect a deeper decline than expected. Gold Analyze ( XAUUSD ), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
22
Beyond The Plan Your Trade Videos - Trading Algos/ConfirmationMany of you follow my morning Plan Your Trade videos - and I thank you for your loyalty and dedication. The Plan Your Trade videos are specifically deigned to highlight my SPY/GOLD Cycle Patterns and, over the course of the past 9+ months, I've started trying to teach all of you Fibonacci Price Theory and the concept of the Excess Phase Peak pattern (and Cradle Pattern). My goal is to teach you to learn to understand price structures, setups, and actions as a way to try to advance your technical analysis/trading skills. There are so many others out there trying to teach you to use indicators and other types of analysis to try to identify trading opportunities/setups. Some work, some don't. Technical analysis using Indicators, Elliot Wave, or other forms of predictive analysis/AI are only about 50-75% accurate at best (IMO). Nothing is 100% perfect. After 35+ years of trying to unlock the secrets of price action to devise a 100% accurate trading system, the closest I have come is a system that generates about 65-75% accuracy - but still manages to take some losses. I do believe I can find that 100% accurate system (hopefully before I die). But the reality is it is almost impossible to accurately predict price movement 10-20+ days in advance with any degree of accuracy. Over the past few weeks/months, we've seen the SPY/QQQ move through various stages/phases. Over the past 4+ weeks I've been warning of the broad-consolidation phase that is currently setup on the SPY/QQQ. I believe this huge consolidation range is very dangerous for traders and that extreme volatility will create lots of risk/opportunities for those capable of trading within this range. But, at the same time, failing to take advantage of tools to help traders hedge, daytrade, or otherwise balance allocation/risk levels is something I really don't talk about much. I like to say "I do the research - you make all the trading decisions". This video highlights some of my advanced algos and how I use them, in conjunction with the EPP and other patterns, to try to gauge market opportunities vs. risks. Trust me. I've learned not to GO BIG on trades over the past 20+ years because I've blown up a few accounts trying to get greedy. Right now, I focus on trying to be on the right side of trends (if possible) and to balance my portfolio in 10-20% increments. For example, if I believe GOLD is going to move higher, I may start out with a 5-10% allocation into GLD or UGL (start small). If that trade works and Gold starts to make a move higher, I may try to add a bit more to that initial trade. If it doesn't work out, I may try to add a little bit more at a better entry price level - but I focus on not letting that trade occupy more than 15-20% of my total portfolio. That way, if I take a loss on the trade, it is a small loss compared to the overall account capital. If I take a 50% loss on a 20% allocation - that is only a 10% loss on the TOTAL ACCOUNT SIZE. Get it? So, the reason for this video is to show you how you can still use technical strategies/indicators to try to confirm you intraday trading and swing trading opportunities. I like to use the SuperTrend strategy on charts to identify general trending. I'm urging you to consider my Plan Your Trade videos as "one component" of your skillset. You need to use your own skills/techniques/analysis to try to manage risks vs. opportunities as you continue to trade. I highlight some of my algos because they become another "component" of my analysis when I'm trading. If I don't see broad market capitulation related to Daily trending - then I try to stay VERY CAUTIOUS. If I do see some capitulation within my algos suggesting the markets are starting to trend upward or downward, then I may try to take advantage of that opportunity. Ideally, the process of trading is to use everything you like and can rely on to help confirm you decision-making. Then, fall back to a efficient trade allocation process that attempts to limit your risk level. The biggest mistake I see people make is to go ALL IN or TOO HEAVY into a trade thinking they can't lose. Yes, you can lose. So can I. That's why it is important to contain risks and protect capital at all times. I'll try to create another video showing you how I use the SuperTrend indicator to help confirm some of my intraday analysis for trades. Get Some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
AMEX:SPY
by BradMatheny
Down nearly 2% on Wednesday, GOLD still rebounds quickly on riskOANDA:XAUUSD fell nearly 2% on Wednesday (May 7), mainly due to a stronger US dollar and optimism from upcoming trade talks between the United States and China, while the Federal Reserve's "standstill" also added pressure on gold prices. However, it was supported by escalating geopolitical risks. On Wednesday, the Federal Open Market Committee (FOMC) left the target range for the federal funds rate unchanged at 4.25%-4.50%, citing increasing uncertainty about the economic outlook and rising risks to both maximum employment and price stability. “Uncertainties about the economic outlook continue to increase,” the FOMC said in its post-meeting statement. “The Committee is concerned about bilateral risks to its dual mandate and sees increasing risks to unemployment and inflation.” Federal Reserve Chairman Powell maintained a neutral tone, saying the current policy stance was appropriate and the Fed was in no rush to adjust interest rates. He stressed that the Fed was prepared to act “quickly as needed” if circumstances changed, but warned that the Fed’s goals would not be fully achieved if tariffs remained in place. Powell added that if either side of the dual mandate deviates too much, the Fed will evaluate which policy tool to use to achieve rebalancing. When asked which mandate, inflation or employment, should receive more attention, he said it was too early to tell. The market consensus remains that the Fed will not cut rates before July. In a higher interest rate environment, non-interest-bearing gold is often under pressure. Big news on China-US trade talks China and the US announced that US Treasury Secretary Besant and US Trade Representative Greer will travel to Switzerland to meet with Chinese Vice Premier He Lifeng. The talks are the first since US President Donald Trump imposed comprehensive tariffs on China and have raised optimism that the two largest economies can reach a deal. On Wednesday, a spokesperson for the Chinese Ministry of Commerce answered reporters' questions about the high-level economic and trade negotiations between China and the United States. The spokesperson said China has decided to cooperate with the United States. Vice Premier He Lifeng, as head of the China-US economic and trade negotiation delegation, will hold talks with his US counterpart, US Treasury Secretary Benson, during his visit to Switzerland. - Bloomberg - India-Pakistan tensions spiral after attack, risk of further escalation fuels demand for safe havens India's airstrike on Pakistan has stoked tensions, raising fears of a full-blown war between the two nuclear-armed nations. India launched missiles at nine locations in Pakistan and Pakistan-administered Kashmir early on May 7 in response to a shooting that killed 26 tourists in Pahalgam, Jammu and Kashmir, two weeks ago. The Indian Ministry of Defense said its forces struck facilities used by "terrorist groups" to carry out the Pahalgam attack. The Indian Air Force has mobilized many modern weapons, including Rafale multi-role fighters carrying SCALP-EG stealth cruise missiles and AASM Hammer extended-range guided bombs and cruise missiles. The target coordinates were provided to the forces participating in the campaign by Indian intelligence agencies. Images released by the media show the moment the series of missiles crashed into the target, creating large fire circles and violent explosions. Pakistan said at least 26 people were killed in this attack. -According to Vnexpress - Gold is an asset that often benefits first when market risks appear, and India is also a leading gold-using country in the world. Technical Outlook Analysis OANDA:XAUUSD After yesterday's decline, gold continues to receive support from the 0.236% Fibonacci retracement area with horizontal support at $3,350 as noted by readers in yesterday's edition and it is now also aiming for a target of $3,430. Once gold breaks $3,430 it will be in a position to continue its rally with a target of around (all-time high) in the short term. Technical factors are completely bullish, from the short-term trend noted by the rising price channel and the long-term trend from the rising price channel. On the other hand, the nearest support is also the EMA21. The relative strength index RSI is still quite far from the 80 level and the overbought area, indicating that there is still room for growth ahead and gold is likely to continue to increase in terms of momentum in the coming time. During the day, the main bullish outlook for gold prices in terms of technology will be noted again by the following levels. Support: 3,371 – 3,350 USD Resistance: 3,430 – 3,500 USD SELL XAUUSD PRICE 3440 - 3438⚡️ ↠↠ Stop Loss 3444 →Take Profit 1 3432 ↨ →Take Profit 2 3426 BUY XAUUSD PRICE 3350 - 3352⚡️ ↠↠ Stop Loss 3346 →Take Profit 1 3358 ↨ →Take Profit 2 3364
OANDA:XAUUSDLong
by Xayah_trading
2