Analysis of the latest gold trend on May 19:
Core logic analysis
Negative factors
The strengthening of the US dollar: the cooling of the Fed's interest rate cut expectations (the market is currently pricing in a 58 basis point rate cut by the end of the year, a significant reduction from April) suppresses the attractiveness of gold.
Risk appetite rebounds: The easing of Sino-US trade tensions weakens the demand for safe-haven assets, leading to long-term profit-taking.
Technical selling pressure: The weekly big negative line (a drop of nearly 4%) forms a short-term bearish trend, and we need to be vigilant about the risk of further correction.
Potential support
Long-term downward trend in real interest rates: If the Fed starts a rate cut cycle this year, gold will still have allocation value in the medium and long term.
Key technical support: There is long defense in the 3150-3140 area (daily line division and channel lower track), and if it stabilizes, it may trigger a rebound.
Key technical points
Upper resistance:
3210-3212 (anti-pressure point on Friday, May 16, which may confirm the short-term bottom after breaking through)
3230-3250 (strong resistance area, short orders can be considered when rebounding to this point).
Support below:
3170-3150 (core support area, if it falls below, it will look down to the previous low of 3120)
3140 (lower channel track, breaking may trigger an accelerated decline).
Operation strategy for next week
1. Trading in the shock range (high probability scenario)
Bull opportunity:
If it falls back to the 3150-3170 area and stabilizes (such as the K-line closes with a long lower shadow or the hourly chart diverges), go long with a light position, stop loss below 3140, and target 3210-3230.
Confirmation signal on the right: If the price stabilizes above 3212, you can follow up with a long order, with a target of 3250.
Short opportunity:
Rebound to 3230-3250 under pressure (if a stagflation pattern appears), go short, stop loss 3260, and target 3180-3150.
2. Breakthrough and follow-up strategy
Break above 3250: may start a new round of uptrend, follow up long orders when it falls back to 3230, target 3300.
Break below 3140: beware of deep correction, short at rebound 3160, target 3120-3100.
Risk warning
News disturbance:
If the speeches of Fed officials and US economic data (such as CPI and retail sales) strengthen the expectation of interest rate cuts, it may reverse the decline of gold.
The sudden escalation of the geopolitical situation (Russia-Ukraine conflict, etc.) will boost safe-haven buying.
Position management:
The current market is volatile, it is recommended to enter the market in batches with light positions and strictly stop losses (3-5 US dollars is appropriate).
Summary
Next week, gold is likely to fluctuate and bottom out in the range of 3150-3250, focusing on the gains and losses of 3150 support and 3212 breakthrough. Investors need to respond flexibly, avoid chasing ups and downs, and wait for key positions to be confirmed before trading in line with the trend. In the medium and long term, if the Fed's policy changes, gold still has upside potential, but it needs to digest technical selling pressure in the short term.
Gold
Gold INTRADAY sideways consolidation continuationKey Support and Resistance Levels
Resistance Level 1: 3288
Resistance Level 2: 3320
Resistance Level 3: 3350
Support Level 1: 3200
Support Level 2: 3173
Support Level 3: 3150
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
GOLD: Absolute Price Collapse Ahead! Short!
My dear friends,
Today we will analyse GOLD together☺️
The recent price action suggests a shift in mid-term momentum. A break below the current local range around 3,233.07 will confirm the new direction downwards with the target being the next key level of 3,221.68 and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
3235 line becomes short-term resistance? Golden layout at night!🗞News side:
1. Trump's dialogue with Russia and Ukraine on ceasefire
2. The seriousness of the situation in Israel
📈Technical aspects:
In the short term, the three key factors affecting the gold market are the certainty of tariff policies, geopolitical risks, and the pace of the Fed's interest rate cuts. The Russian-Ukrainian conflict is a tail risk that deserves attention. Its impact on the global order far exceeds other geopolitical conflicts. It is expected that the conflict may see a key turning point in May and June, and the Fed's interest rate cut is likely to be implemented in the third quarter. At that time, the gold and silver markets may face greater negative pressure, and prices may fall back to 3000-2800 or even lower. Technically, the double top pattern at the daily level has been established. Although there is a certain resistance at the 3235 line of gold in the short term, considering the tail risk, the possibility of evolving into a triple top cannot be ruled out, and we need to be vigilant against the inducement of multi-money rises and washes.
🎁BUY 3220-3215
🎁TP 3230-3240
🎁SELL 3250-3255
🎁TP 3235-3225
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
OANDA:XAUUSD FX:XAUUSD TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
Great start tot he week with all our chart ideas playing out as analysed. This is an update on our 4H chart idea.
We began the week hitting our bullish target at 3235. Moving forward, we will monitor for a confirmed EMA5 cross and lock above 3235 to validate a potential move toward the next target at 3298.
If price fails to hold above 3235, we anticipate a retest of lower Goldturn support levels. These levels will serve as potential zones to identify bullish reversal opportunities.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
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
3235 - DONE
EMA5 CROSS AND LOCK ABOVE 3235 WILL OPEN THE FOLLOWING BULLISH TARGET
3298
EMA5 CROSS AND LOCK ABOVE 3298 WILL OPEN THE FOLLOWING BULLISH TARGET
3344
EMA5 CROSS AND LOCK ABOVE 3344 WILL OPEN THE FOLLOWING BULLISH TARGET
3394
EMA5 CROSS AND LOCK ABOVE 3394 WILL OPEN THE FOLLOWING BULLISH TARGET
3439
BEARISH TARGETS
3170
EMA5 CROSS AND LOCK BELOW 3170 WILL OPEN THE FOLLOWING BEARISH TARGET TARGET
3120
EMA5 CROSS AND LOCK BELOW 3120 WILL OPEN THE FOLLOWING BEARISH TARGET TARGET
3077
EMA5 CROSS AND LOCK BELOW 3077 WILL OPEN THE SWING RANGE
SWING RANGE
3236 - 3176
EMA5 CROSS AND LOCK BELOW 3176 WILL OPEN THE SECONDARY SWING RANGE
SWING RANGE
3033 - 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
Beware of a sharp surge at the beginning of the week!🗞News side:
1. The India-Pakistan conflict has been eased, but India has increased its troops in Kashmir
2. The situation between Russia and Ukraine has escalated again
3. Trump has asked Walmart to absorb the impact of tariffs on its own
📈Technical aspects:
Gold jumped higher in the Asian session in the morning and once tested the 3250 resistance line. In the short term, the upward space is limited and there is a certain suppression. At present, gold is testing the 3210-3200 support level again. Judging from the 4H chart, if the gold price breaks through this short-term support level, it is likely to go to the 3170 level next, or even test the strong support level of 3150. If it gets effective support at 3210-3200, gold may test the resistance area again. Therefore, in the short-term trading in the Asia and Europe sessions, maintain the high-level short-selling and low-level long-selling cycle to participate. On the upside, focus on the 3250-3260 resistance area. If it breaks through, it is expected to look towards the 3300 line. On the downside, focus on the 3210-3200 support line. If it breaks through this support, look to the 3170-3150 important support.
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD FX:XAUUSD OANDA:XAUUSD
XAUUSD H1 SNIPER PLAN – Precision in Play, No Guess Zones XAUUSD H1 SNIPER PLAN – “Precision in Play, No Guess Zones 🎯”
Market Context:
• H1 structure shows recent bullish correction inside a bearish range
• Price bounced cleanly from 3160–3172 demand
• Currently retracing into unmitigated H1 supply zones
• Still inside bearish CHoCH + LL structure
🎯 SNIPER ZONES (H1 BASED)
Type Zone Price Range Notes
🔴 Sniper Sell Zone 1 3365–3375 H4 supply + prior imbalance rejection
🔴 Sniper Sell Zone 2 3315–3325 Clean inefficiency + internal LH
🔴 Sniper Sell Zone 3 3240–3255 Unmitigated OB + lower timeframe FVG
| 🟢 Sniper Buy Zone 1 | 3160–3172 | Confirmed demand + internal liquidity sweep |
| 🟢 Sniper Buy Zone 2 | 3090–3110 | Final CHoCH base — macro must-hold demand |
| 🟢 Sniper Buy Zone 3 | 3050–3072 | FVG fill area + extended wick rebalancing |
🔎 PLAN FLOW:
Reject from 3240–3255? Scalp short down to 3172
Flip above 3260? Expect acceleration into 3315–3375
Break below 3090? Opens deeper sweep into 3050+
Bullish confirmation only above 3260 CHoCH on H1
📌 Stay patient. Precision wins.
💬 Drop your zone of interest in the comments!
🔥 Follow @GoldFxMinds for real-time sniper updates.
GOLD: Short Trade Explained
GOLD
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short GOLD
Entry - 3234.0
Sl - 3241.7
Tp - 3216.0
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
SPY/QQQ Plan Your Trade For 5-19 : Gap Breakaway In Trend ModeToday's pattern suggests the SPY/QQQ will start with an opening price GAP (downward in this case) and could continue to move into a Breakaway pattern.
Given the recent news of a US Credit Downgrade, I'm suggesting all traders prepare for what may become a period of sideways price volatility over the next 3-5+ days.
I've highlighted a potential breakdown range on the SPY/QQQ on my charts that I believe acts as a solid confirmation level related to any potential reversal/breakdown in trend.
Currently, the trend is still BULLISH. If price falls below my breakdown range (the angled rectangle on my charts) - then I believe price will have broken this upward FLAGGING trend channel and will begin to move downward - targeting lower support levels.
This is a critical time for the markets. If we fail to move higher at these levels, we have a long way to go (downward) before we attempt to find any support.
Gold and Silver appear to be attempting to break the FLAG HIGH of an Inverted Excess Phase Peak pattern. This could prompt a strong rally phase back above $3300/$33 for Gold/Silver over the next few days. Time will tell how things play out.
BTCUSD appears to be REJECTING the recent highs within a consolidation range. If this rejection continues, I see BTCUSD moving downward - trying to reach the $95k (or lower) looking for support.
Remember, we are still generally BULLISH and moving upward within the FLAGGING channel. If we do get a breakdown in price over the next few days, it will become clearly evident on the charts and we'll have to begin to change our expectations.
Right now - HEDGE.
Get Some...
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Gold Holds Above 3200 on Credit Rating DowngradeGold is holding above the $3,200 level, supported by a key trendline connecting higher lows from December 2024 to April 2025. This trendline currently anchors support at $3,120.
On the 4-hour chart, momentum is tilted to the upside above neutral. On the daily chart, momentum remains near neutral—reflecting a neutral-to-bullish bias. This supports the case for renewed demand in gold amid economic concerns and Dollar weakness near 3-year lows.
If gold maintains its rebound above $3,200 and breaks above the $3,260 resistance, bullish momentum may resume toward $3,300, $3,360, $3,430, and $3,500. A further breakout could set the stage for a run toward record highs at $3,700 and $4,000.
On the downside, failure to hold $3,200 or $3,120 could open the door to a deeper correction toward $3,060 and $2,960.
Written by Razan Hilal, CMT
Bullish Inflation Data Fuels Gold Rebound — Impulsive Waves!?Gold ( OANDA:XAUUSD ) started to fall from the Resistance zone($3,280-$3,245) as I expected in the previous idea , but 50_SMA(Daily) and Support lines were able to hold Gold .
----------------------------------
Today, key U.S. economic data was released:
Core PPI m/m: -0.4% (vs. 0.3% forecast)
Core Retail Sales m/m: 0.1% (vs. 0.3% expected)
PPI m/m: -0.5% (vs. 0.2% forecast)
Retail Sales m/m: 0.1% (in line)
Unemployment Claims: 229K (as expected)
Outlook :
The weaker-than-expected inflation data, especially the PPI figures, indicate easing inflationary pressures. This may increase expectations for potential Fed rate cuts, which generally supports gold as a non-yielding asset.
Conclusion :
Today’s data is overall bullish for gold. Watch for continued upside if sentiment shifts further toward dovish Fed expectations. However, keep an eye on upcoming Fed commentary for confirmation.
----------------------------------
Gold is moving above the Heavy Support zone($3,200-$3,136) and has managed to break the Resistance lines .
In terms of Elliott Wave theory , Gold seems to have completed the corrective waves , and we can expect the start of an impulsive wave . Breaking the Resistance zone($3,280-$3,245) can be a good sign for the start of an impulsive wave and a gold pump .
I expect Gold to start rising again after a pullback to the Resistance lines(broken) , probably from the Fibonacci Levels inside the chart , and attack the Resistance zone($3,280-$3,245) .
Note: If Gold touches $3,154 , we can expect more dumps.
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.
Analysis of the latest gold trend on May 19:
Core logic analysis
Negative factors
The strengthening of the US dollar: the cooling of the Fed's interest rate cut expectations (the market is currently pricing in a 58 basis point rate cut by the end of the year, a significant reduction from April) suppresses the attractiveness of gold.
Risk appetite rebounds: The easing of Sino-US trade tensions weakens the demand for safe-haven assets, leading to long-term profit-taking.
Technical selling pressure: The weekly big negative line (a drop of nearly 4%) forms a short-term bearish trend, and we need to be vigilant about the risk of further correction.
Potential support
Long-term downward trend in real interest rates: If the Fed starts a rate cut cycle this year, gold will still have allocation value in the medium and long term.
Key technical support: There is long defense in the 3150-3140 area (daily line division and channel lower track), and if it stabilizes, it may trigger a rebound.
Key technical points
Upper resistance:
3210-3212 (anti-pressure point on Friday, May 16, which may confirm the short-term bottom after breaking through)
3230-3250 (strong resistance area, short orders can be considered when rebounding to this point).
Support below:
3170-3150 (core support area, if it falls below, it will look down to the previous low of 3120)
3140 (lower channel track, breaking may trigger an accelerated decline).
Operation strategy for next week
1. Trading in the shock range (high probability scenario)
Bull opportunity:
If it falls back to the 3150-3170 area and stabilizes (such as the K-line closes with a long lower shadow or the hourly chart diverges), go long with a light position, stop loss below 3140, and target 3210-3230.
Confirmation signal on the right: If the price stabilizes above 3212, you can follow up with a long order, with a target of 3250.
Short opportunity:
Rebound to 3230-3250 under pressure (if a stagflation pattern appears), go short, stop loss 3260, and target 3180-3150.
2. Breakthrough and follow-up strategy
Break above 3250: may start a new round of uptrend, follow up long orders when it falls back to 3230, target 3300.
Break below 3140: beware of deep correction, short at rebound 3160, target 3120-3100.
Risk warning
News disturbance:
If the speeches of Fed officials and US economic data (such as CPI and retail sales) strengthen the expectation of interest rate cuts, it may reverse the decline of gold.
The sudden escalation of the geopolitical situation (Russia-Ukraine conflict, etc.) will boost safe-haven buying.
Position management:
The current market is volatile, it is recommended to enter the market in batches with light positions and strictly stop losses (3-5 US dollars is appropriate).
Summary
Next week, gold is likely to fluctuate and bottom out in the range of 3150-3250, focusing on the gains and losses of 3150 support and 3212 breakthrough. Investors need to respond flexibly, avoid chasing ups and downs, and wait for key positions to be confirmed before trading in line with the trend. In the medium and long term, if the Fed's policy changes, gold still has upside potential, but it needs to digest technical selling pressure in the short term.
THE KOG REPORTTHE KOG REPORT:
In last week’s KOG Report we said we would be looking for the price to attempt the higher resistance level shown on the chart which was slightly higher than the red box. We wanted this level to reject price and give us the move down into the level which was shown on the chart. As you can see this move worked from the open, respecting the red box active level instead and completing all the bias level bearish targets in one swoop after the break.
We then updated the KOG Report with the move we wanted in order to then long into immediate resistance to again test the short trade, which again worked while we suggested traders look for the lower red box levels to attempt the long trades.
There was slight stretch again downside, but those red boxes played their part giving us the move on confirmation for the longs towards the end of the week, ending the week on a high.
It was a difficult week to trade with aggressive movement across the markets, however, the levels are reacting well and although there is a stretch on price, we’re getting the movement we want.
So, what can we expect in the week ahead?
We have key level now on the daily also aligning with the EMA50 at 3162 on the daily chart, while that 4H shows us a possible reversal on the flip. For this reason we have given the immediate red box levels of 3225-30 resistance and 3190-85 support. We have also plotted the potential range of play for the early part of the week, where we feel price may stabilise until a further move.
We’re looking for two possible moves here, one in order to continue to short and then look for the longer trade lower down, or, a break of the red box and bias level into higher resistance upon which we’ll trade level to level and then look higher for a potential short again. The bias level for this week has a huge extension of the move so it will be tradeable both directions. We have applied filters to the algo which is under test so we’ll also want to see if that works in our favour.
So, for now, support below can give us the move into the 3225-30 region which is the level to watch for the break, if rejected there may be an opportunity to short but that short must break below the 3185 level to continue and complete the move downside into the 3150-55 and below that 3130 levels. That’s where we feel the opportunity to long for the swing may come from but please remember, it’s changed structure until we break and hold above the 3265 level. That will be this week’s key level.
KOG’s bias of the week:
Bearish below 3235 with targets below 3196, 3185, 3177, 3165 and 3155
Bullish on break of 3230 with targets above 3242, 3250, 3255 and 3262
RED BOXES:
Break above 3210 for 3118, 3220, 3225, 3230, 3235 and 3247 in extension of the move
Break below 3195 for 3187, 3179, 3165, 3155, 3150 and 3137 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
GOLD SENDS CLEAR BEARISH SIGNALS|SHORT
GOLD SIGNAL
Trade Direction: short
Entry Level: 3,239.86
Target Level: 3,127.89
Stop Loss: 3,314.33
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 3h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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XAUUSD: Market Analysis and Strategy for May 19Gold technical analysis
Daily chart resistance 3284, support below 3167
Four-hour chart resistance 3284, support below 3192
One-hour chart resistance 3252, support below 3200
Gold news analysis: On Monday (May 19) in the Asian market, spot gold soared by more than $40, reaching a high of around 3250. Moody's suddenly removed the last AAA rating of the United States, Israel launched a large-scale ground war in Gaza, Russia-Ukraine negotiations broke down, Russia launched the largest air strike since 2022, Iran took a tough attitude towards negotiations, and the market's risk aversion was completely boiling. In addition, the risk of a global trade war has heated up again. This uncertainty will further weaken the credit of the US dollar, and gold will become the best alternative currency. There are fewer economic data this week, only a few important news data, and investors need to continue to pay attention to news related to the international trade situation and geopolitical situation.
Gold operation suggestions: From the current trend analysis, the support below focuses on the 3192 level support, the pressure above focuses on the one-hour level 3252 and the four-hour level 3284 level near the suppression, the short-term long and short strength watershed 3200 level, the overall support is to sell high and buy low in this range, and then follow the trend after the breakthrough.
BUY: 3200near SL: 3195
SELL: 3253near SL: 3158
SELL: 3284near SL: 3288
XAUUSD Targeting the 1D MA100.When we looked at Gold (XAUUSD) on May 05 (see chart below), we called for a strong sell on the 1D MA50 (blue trend-line) and a 3155 Target:
Now that this target was hit and the 1D MA50 broke, we expect a short-term bearish continuation, as the last 3 times the price broke below the 1D MA50, it always hit the 1D MA100 (green trend-line).
Still, all candles since the test closed above the 1D MA50 so we need to seek a confirmation of the bearish continuation and that is the 4H MA50 (red trend-line). If rejected there, expect an instant drop. If not, the last Resistance is the top of the Channel Down. In both cases, our short-term Target is 3060.
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EUR/USD DAILY PLAN – BREAKOUT CONFIRMATION OR FAKEOUT TRAP?EUR/USD DAILY PLAN – BREAKOUT CONFIRMATION OR FAKEOUT TRAP?
🧠 Macro Overview
This week’s trading landscape is influenced by both European and U.S. developments:
EU Side: There are no major macroeconomic releases ahead, but expectations are growing that the ECB may adopt a more dovish tone in upcoming meetings. If inflation continues to cool, the euro may face downside pressure.
U.S. Side: Last week’s CPI and PPI data showed signs of cooling inflation, yet not enough for the Fed to shift gears. The U.S. dollar remains supported by the prospect of “higher for longer” interest rates.
Global Sentiment: Ongoing U.S.–China tensions and trade policy updates in Europe are keeping risk appetite cautious. The EUR/USD pair is testing a key zone and may break out of the descending channel soon — or reject hard if buyers fail to hold.
📊 Technical Analysis (H1 Chart)
EUR/USD bounced strongly from the 1.1160 – 1.1180 demand zone and is now testing the key resistance at 1.1237 — a confluence of descending trendline and the 200 EMA on the 1H chart.
A clean breakout above and sustained hold of 1.1237 could pave the way toward higher resistance levels at 1.1270 and 1.1325.
However, if the pair gets rejected at 1.1237, it may fall back to test the lower support at 1.1160 – 1.1180, possibly forming a range before a larger move.
📌 Key Levels to Watch
🔺 Resistance Levels:
1.1237 → Key confluence zone (EMA200 + trendline)
1.1270 → Previous swing high
1.1302 – 1.1325 → Upper resistance zone with Fibo confluence
🔻 Support Levels:
1.1180 → Immediate demand area
1.1160 → Critical trendline support
A break below 1.1160 could trigger stronger bearish momentum
🎯 Trading Scenarios
1. Bullish Breakout Above 1.1237
🔹 Entry: 1.1240 – 1.1250
🔹 SL: 1.1210
🔹 TP: 1.1270 → 1.1302 → 1.1325
2. Bearish Rejection at 1.1237
🔻 Entry: 1.1230 – 1.1225
🔻 SL: 1.1255
🔻 TP: 1.1180 → 1.1160
3. Buy-the-Dip at Key Support
🔹 Entry: 1.1165 – 1.1170
🔹 SL: 1.1135
🔹 TP: 1.1200 → 1.1230
⚠️ Key Notes:
Avoid entering trades during chop between 1.1215 – 1.1237 unless breakout confirmation appears.
Be cautious of liquidity grabs during London and NY session opens.
Stick to tight risk management as market remains uncertain and range-bound.
📌 Conclusion:
EUR/USD is at a decision point. Whether bulls take control or sellers defend key resistance will determine short-term trend direction. Trade the breakout or the reaction — not the prediction.
Gold Sell Setup: Bearish Price Action Points to 3092!Hello traders,
I'm currently keeping a close eye on Gold (XAU/USD) for potential short setups. Recent price action shows clear bearish pressure, with Lower Highs (LHs) and Lower Lows (LLs) forming consistently — a strong indication that bulls are losing control and sellers are still in charge.
I'm particularly watching the internal highs around the 3265 zone. I’m anticipating a possible liquidity sweep above that level — a fake breakout that could tap into the daily imbalance zone (highlighted on the chart below). If price reacts bearishly from that area, I’ll be looking for confirmation to go short.
GOLD Daily
My short-term target for this sell idea is around 3092, just below last week's low.
That’s my current perspective on Gold — what are your thoughts?
Feel free to drop your analysis or any alternative views in the comment section below. Let’s learn and grow together!
XAUUSD - Will Gold Reach $3,300?!Gold is trading above the EMA200 and EMA50 on the 1-hour timeframe and is trading in its ascending channel. I expect the path ahead for gold to be bullish, but a downward correction of gold will lead to the creation of buying positions from the bottom of the channel.
Gold faced renewed selling pressure over the past week—an event that not only dragged down its price but also led many analysts and retail investors to temporarily abandon their bullish short-term outlooks. The return of investor appetite for riskier assets has momentarily weakened gold’s appeal as a safe haven.
Meanwhile, the credit rating agency Moody’s has finally acted, downgrading the U.S. sovereign rating from Aaa to Aa1. This marks the first time that even one of the major agencies no longer sees the U.S. as worthy of the highest credit rating. The downgrade was driven by factors such as an annual budget deficit nearing $2 trillion, a debt burden exceeding GDP, and elevated interest rates that have significantly increased the government’s borrowing costs—conditions which, if persistent, could serve as catalysts for gold’s resurgence.
Adrian Day, CEO of Adrian Day Asset Management, stated: “The downward trend continues. We expect prices to decline further in the coming weeks, especially with the potential restructuring of U.S. trade tariffs. That said, once this phase passes, it could set the stage for one of the best buying opportunities.”
Adam Button, Chief Currency Strategist at Forexlive.com, offered a similar outlook, saying: “Current trading sentiment is clearly tilted toward the downside. The market is searching for a new floor, although it seems likely that support will remain above the key $3,000 psychological threshold.”
Following a week full of economic data, the upcoming week’s calendar appears relatively light, with only a handful of reports likely to influence the markets. Early in the week, traders will face a lack of major catalysts, but focus will gradually shift toward Thursday’s releases: weekly jobless claims, the flash PMI from S&P Global, and existing home sales. Additionally, new home sales data on Friday will be one of the few key events of the week.
Alongside these economic updates, the coming days will feature a wave of speeches from Federal Reserve policymakers. Speakers include Jefferson, Williams, Logan, Kashkari, Barkin, Bostic, Collins, Musalem, Kugler, Daly, and Hsu, culminating with a speech from Fed Chair Jerome Powell on Sunday evening.
GOLD at 3244: Bullish Channel or Bearish Pullback?As of May 19, 2025, GOLD is trading at 3244 on the 4H timeframe, showcasing a blend of technical patterns and fundamental influences driving its recent movements. On the technical side, GOLD has been moving within an ascending channel, a sign of persistent bullish momentum over the past weeks. However, the latest price action hints at a possible corrective phase, as it nears key support levels between 3120 and 3150, zones where buyers have stepped in previously. This potential pullback could be a healthy reset within the uptrend, though some analysts also point to a reversal setup if the price tests the lower boundary of a shorter-term descending channel. For now, the broader structure still favors bulls as long as support holds firm.
Fundamentally, GOLD’s price is reacting to a tug-of-war between global economic signals. Optimism from US-China trade talks and easing geopolitical tensions have sparked risk-on sentiment, reducing demand for safe-haven assets like GOLD and contributing to its recent dip from highs near 3250. On the flip side, uncertainty around Federal Reserve rate policies and persistent inflation concerns are keeping a floor under the price. Traders should keep an eye on upcoming economic data, like inflation reports or Fed statements, as these could either bolster GOLD’s safe-haven appeal or push it lower if risk appetite strengthens further.
For actionable insights, here are the levels to watch. Resistance sits at 3243, 3257, and 3269, breaking above 3269 could reignite the uptrend, with 3300 as the next big target. Support lies at 3222 and 3200; a drop below 3200 might signal a deeper correction toward 3150-3120, where past demand could resurface. Sentiment is split: some traders see a brief dip as a buying opportunity within the bullish trend, while others brace for a larger pullback. Stay nimble, manage your risk, and let the price action guide your next move.
GBPUSD BULLISH OR BEARISH DETAILED ANALYSISGBPUSD is currently forming a clean bullish pennant pattern on the daily chart after a strong impulsive rally, indicating that the pair is consolidating before its next leg higher. Price is hovering around the 1.3360–1.3380 zone, coiling tightly within the pennant structure, and showing signs of breakout pressure building. This is a classic continuation setup in a trending market, and with volume compression and decreasing volatility, the stage is set for a bullish breakout toward the 1.4070–1.4100 region.
On the fundamental side, the British pound remains relatively supported due to recent hawkish rhetoric from the Bank of England, which is still closely monitoring wage inflation and strong labor market figures. Meanwhile, the US dollar is facing headwinds after softer CPI and PPI readings this month, fueling expectations of Fed rate cuts in the second half of 2025. These macro dynamics are increasingly tilting in favor of sterling strength, as investors begin pricing in yield divergence between the Fed and the BoE.
Technically, the bullish structure is intact and the pennant formation is forming right after a sharp move higher, which adds confluence to this pattern. The breakout zone to watch is 1.3380–1.3400, and if bulls can clear this area with momentum, we are likely to see a swift extension toward the 1.4070 level. The risk is well-contained below 1.3340, offering an excellent reward-to-risk ratio for breakout traders and trend followers.
This setup is not only technically sound but also backed by current macro shifts, making GBPUSD one of the most promising long opportunities right now. The market has been consolidating for weeks, building up energy, and with fundamentals aligning, this breakout could drive a strong move into Q3. I'm eyeing the 1.4070–1.4100 target in the coming weeks, and I'll continue to monitor for confirmation and execution signals.
EURUSD 4H: Breakout or Bust at 1.1250?On the 4H timeframe, EURUSD is currently trading at 1.12450, sitting just below a key resistance level at 1.1250. This level is notable as it aligns with the 38.2% Fibonacci retracement of a recent bullish wave and has historically rejected price advances, reinforcing a bearish tone after multiple tests. A breakout above 1.1250 could ignite further upside momentum, potentially driving the pair toward 1.1389, a target derived from recent trade setups. However, if the price fails to breach this resistance, a pullback toward the support zone at 1.1150, where buyers have previously stepped in, becomes likely.
Technical indicators will be key to decoding the pair’s next move. Watch the 50-period and 200-period moving averages on the 4H chart: if the price holds above these levels, it signals bullish strength, but a drop below could flip the trend bearish. The Relative Strength Index (RSI) is another tool to monitor, overbought conditions near 1.1250 might hint at a reversal, while oversold readings near 1.1150 could suggest a bounce. Look out for RSI divergence too, as it often flags weakening momentum before a shift occurs. These tools together can help pinpoint entry and exit zones.
In summary, EURUSD is at a crossroads on the 4H chart, testing the 1.1250 resistance with 1.1150 as the next support below. A clean break above 1.1250 opens the door to higher targets like 1.1389, while a rejection could see sellers push toward 1.1150. Use moving averages and RSI to time your trades, and stay alert for news that could jolt the market. With the pair consolidating between these levels, patience will pay off, wait for confirmation before jumping in.
Gold Price Surge Will This Be the Catalyst for the Next Breakout💥 Gold Price Surge: Will This Be the Catalyst for the Next Breakout? | Trading Plan for Today 📊
📊 Market Overview:
✔️ Gold (XAU/USD) has shown a strong recovery following significant geopolitical and economic developments over the weekend. Key factors driving this rally include:
✔️ Putin’s Rejection of Peace Talks: If the conflict intensifies, we may see a surge in demand for safe-haven assets like gold.
✔️ US Credit Downgrade: Rising concerns over US debt and bond yields could drive more investors back into gold.
✔️ Trump’s Tariff Threat: Although less aggressive than before, Trump’s volatility still poses risks to market stability, with gold remaining a key hedge.
✔️ These combined factors have driven a gap up of over 20 points during the early Asia session. Should these issues remain unresolved, gold could be set for a strong move back toward its previous All-Time High (ATH).
📉 Technical Analysis:
✔️ The chart is showing an increasingly bullish setup. EMA 13 has crossed above both EMA 34 and EMA 200 on the M30 chart, suggesting that the market is primed for a breakout.
✔️ We’re seeing the potential for a $100–$200 rally per ounce, should the bullish momentum persist.
✔️ Given the current market volatility, geopolitical events could cause sharp price movements. A breakout of the current trendline may indicate that we are witnessing a retest before the next significant surge.
🔑 Key Levels to Watch:
🔻 Support Levels: 3204, 3193, 3186, 3174, 3163
🔺 Resistance Levels: 3254, 3277, 3288
💰 Trading Strategy for Today:
✅ BUY Scalp: 3194 – 3196
🔴 Stop-Loss (SL): 3190
✅ Take-Profit (TP): 3200 → 3210 → 3220 → 3230
✅ BUY Zone: 3186 – 3184
🔴 Stop-Loss (SL): 3180
✅ Take-Profit (TP): 3190 → 3195 → 3200 → 3210 → 3220 → 3230
✔️ SELL Zone: 3287 – 3289
🔴 Stop-Loss (SL): 3293
✅ Take-Profit (TP): 3285 → 3280 → 3285 → 3280 → 3270
💎 Good Luck! Stay tuned for more updates, and trade wisely! 📈