Gold fluctuates. Will it break through resistance and start to rWe analyzed the fundamentals and technical aspects comprehensively over the weekend, and the overall trend tends to be upward.
The Asian market opened, and the price rose to around $3,250 and fell back; in yesterday's analysis, I thought that the Asian market would rise rapidly after the opening due to the impact of the US sovereign credit rating. As I predicted, the opening in the morning quickly rose to the intraday high of $3,250, and then began to fall. Finally, it fell to $3,210 and strengthened again, and the trend was the same as my analysis.
From the current market, gold continues to fluctuate greatly. It is relatively strong at present, but it is suppressed by the $3,250-3,255 area. Therefore, it is expected that the price will continue to rise after adjustments below $3,250; if the price stabilizes above $3,210, there is still room for the price to rise. Below this, it will start a downtrend that could potentially hit last week’s cycle low of $3,150.
In the short term, we need to pay attention to the support level of $3225. If it breaks through the resistance level of $3250-55, it will open up room for growth. We will further pay attention to the high point of $3270-3290.
Until the price breaks through the upward resistance zone of $3250-3255 with a strong force, it is recommended not to adopt a long strategy.
Goldinvesting
Gold price outlook: short term increase📝 NEWS
Gold Prices Rise as Moody’s Downgrades U.S. Credit Rating
- Moody’s downgraded the U.S. credit rating from Aaa to Aa1, citing concerns over high public debt and unsustainable fiscal spending.
- The move boosted demand for safe-haven assets, leading to a weaker U.S. dollar and rising U.S. Treasury yields.
- Spot gold prices rose 0.5% to $3,217.49/oz, while June gold futures gained 1% to $3,220.17/oz.
- Other precious metals also saw modest gains:
- Silver +0.5% to $32.530/oz
- Platinum +0.1% to $991.50/oz
Market Outlook
- In the coming week, the market will closely watch a busy U.S. economic calendar, including:
- Speeches from Federal Reserve officials
- Preliminary PMI data
- Key housing indicators
- These events are expected to influence short-term monetary policy expectations.
Technical View: Gold Poised to Continue Rising
⚠️ Gold is expected to continue its upward trend amid rising trade tensions between the U.S. and China, with little progress in ongoing tariff negotiations.
💡 Short-Term Trade Scenarios:
🚨 SELL XAU : zone 3247-3250
SL: 3255
TP: 50 - 100 - 300pips
🚨 BUY XAU : zone 3188-3191
SL: 3183
TP: 50 - 100 - 300pips
Gold Price Trading Around 3,200 Points
📌 Gold Information
Gold (XAU/USD) is recovering from recent losses, trading around $3,230 per troy ounce during Asian trading hours on Monday as investors seek safe haven assets amid growing concerns about the US economic outlook and fiscal sustainability. The rebound follows Moody's decision to downgrade the US credit rating by one notch, from Aaa to Aa1, citing growing debt and the burden of interest payments. This follows previous downgrades by Fitch and Standard & Poor's in 2023 and 2011, respectively. Moody's now forecasts that the US federal debt will surge to around 134% of GDP by 2035 from 98% in 2023, due to ballooning debt servicing costs, expanding entitlement programs, and shrinking tax revenues - all of which have heightened investor concerns and provided new support for gold prices.
📊Comment Analysis
Gold price fluctuated around 3200 at the beginning of the week. There was not much news and it continued to go sideways.
💰Strategy Package
⭐️Set gold price:
🔥Sell gold area: 3259-3261 SL 3266
TP1: $3250
TP2: $3240
TP3: $3230
🔥Buy gold area: $3192 - $3190 SL $3185
TP1: $3200
TP2: $3210
TP3: $3220
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
Gold is rising strongly? Beware of a sharp rise to the high poinThe US sovereign credit rating was downgraded from AAA to Aa1; affected by this, gold opened sharply higher in the Asian market on Monday, and the highest so far is around 3250.
However, 3250 is not the high point at present, and it is only warming up in the Asian market. The important thing should be in the European and American markets. Such a major breaking news must be seen in the US stock market.
If gold can continue to rush above 3250 in the short term, then we will see 3280-3300 later. It is not ruled out that the Asian market will continue to fluctuate sideways in the short term, but I think it will still rise. The high point of 3250 may be broken at any time.
From the 4-hour chart:
This K line is very strong. Once this K line closes above 3230, the highest high point can be seen from the 4-hour chart here.
Judging from the current trend, I think the gold price is bullish as long as it is above 3200 in the Asian market. The lowest price in the Asian market in the morning retreated to around 3210, so it is not known whether it will retreat to around 3200.
Then, for the short-term strategy, you can go long around 3210, with 3200 as the stop loss position. As long as the upper target stands at 3250, you can continue to see the profit range of 3280-3300.
Moody's downgrades US credit rating, will gold be affected?Information summary:
At about 4:43 pm on Friday (the last minute before the market closed), Moody's downgraded the US sovereign credit rating from AAA to Aa1 on the grounds of "surge in debt and fiscal out of control", ending the US's last "top credit" title among the three major rating agencies.
Perhaps considering reducing the impact, Moody's announced this news after the US stock market closed. But at this time, gold, foreign exchange and other markets still have more than ten minutes of trading time. The 10-year US Treasury yield once rushed from 4.44% to 4.49%, the US dollar index fell, and gold rushed up.
The downgrade is a super-class data, which may cause gold to rebound in stages, but not continuously. If nothing unexpected happens, after the adjustment, gold may continue to retreat in a trend.
Technical analysis:
Next week, gold may rebound in stages to 3330-3340. Then there may be a trend decline again, and I estimate that it may test around 2950 below. As for why it went to 3330-40, here is an analysis:
I think the current gold trend is very similar to the holiday trend in Asia from May 1st to 5th. It also fell sharply, then bottomed out and rebounded, and then stretched up again. I also drew it in the picture, which is basically consistent with the current trend. If the next market trend is copied from the previous paragraph, then I think it should test the 3330-40 point.
Gold forecast for next week
Before the fishermen went out to sea, they didn't know where the fish were? But they still chose to go because they believed they would return with a full load. When you invest, you don't know whether you can make a profit, but you still need to try. Success is not something that will happen in the future, but from the moment you choose and decide to do it, you will gain something if you insist on believing. The same is true for gold investment. You may still be losing money at the moment, but as long as you find me, all losses will be solved!
Views on the trend of gold next week!
Gold continued its downward trend on Friday. In the morning, there was another long-short wash and returned to the 3200 mark. The daily line closed with a small negative line. Then we have to consider a problem now, that is, whether the daily line will form a continuous decline. In the daily rhythm, we can see that the position of the high point has been declining, which means that after the top resistance level of the three-point line is blocked, it is easy to form a secondary turning point of the trend downward, which means that next week we still have to look at the retracement.
As for the future market direction, the short-term bearish trend will continue to be the theme! On the whole, the gold price rebounded in 4 hours and made a backtest. If the rebound does not break the resistance, it will continue to fall, and the direction of the decline will continue! After the short turning point turned downward from the high point, the current short trend is still extending downward, that is to say, before the short reaches the key node and the long builds a bottom, the rebound is still the main rhythm!
Gold: Enter short orders near 3212 next week, defend 22, and target 3180-60!
Gold Price Analysis and OutlookOver the past week, the global gold market experienced its steepest correction since last November. Investor sentiment shifted sharply, sending gold prices (XAU/USD) into a freefall and erasing most of the gains accumulated in previous weeks.
📉 Gold Price Movements
- Gold ended the week at around $3,201 per ounce, plunging nearly $122 compared to the previous week — marking the largest weekly drop in six months.
- The decline came as global markets pivoted toward riskier assets following a trade agreement between the U.S. and China, which brought renewed optimism to investors.
- The easing of geopolitical tensions, along with expectations that interest rates will remain steady or rise slightly, led to a waning demand for gold as a traditional safe-haven asset.
🔮 Outlook: Temporary Correction or Start of a Bearish Trend?
- Despite the sharp decline, many experts believe this may only be a technical correction, driven by profit-taking after a strong upward rally in recent weeks.
- Factors such as persistent inflation, rising global debt, and underlying macroeconomic uncertainties continue to support gold’s role as a hedge in investment portfolios.
- In the short term, the gold market will remain sensitive to policy signals from the U.S. Federal Reserve and volatility in the bond market.
🧭 Conclusion
Gold has just endured its worst week in half a year, but that doesn’t necessarily signal the end of its long-term bullish trend. For cautious, long-term investors, the current correction phase could present a valuable opportunity to reposition portfolios at more attractive price levels.
Gold fluctuates greatly. What will happen next week?Gold fluctuated greatly on Thursday and Friday. It is difficult to implement an operation strategy in this market. It is difficult to go short or long. The market does not continue the next day, and there are few suitable trading opportunities in the process of changing the market. So what should gold do next week? Has the rhythm of gold changed again?
The rhythm of gold has changed rapidly recently, and next Monday is actually the key; the 1-hour moving average of gold has begun to show signs of turning, so whether it can form an upward trend is the next key.
The strength of gold on Monday is very important. Gold closed with a big positive line on Thursday, but it fell directly on Tuesday and pierced the support level, which cannot be said to be completely bullish. Although it rebounded slightly in the late trading, it still closed with a real big negative line.
Next week, we need to pay attention to two key positions. Pay attention to $3175 below. If it falls and breaks quickly after the opening on Monday, then gold will still be weak overall; pay attention to $3215 above. If gold breaks through this point strongly and stabilizes above the point, then gold will be strong overall.
If gold opens flat in early trading on Monday and the upward momentum is not strong, then you can continue to short in the short term.
Bullish Momentum Builds as Gold Trades Within 3200–3250 RangeSHORT-TERM GOLD ANALYSIS – XAUUSD
🟢 GOLD SURGES TO $3250 FOLLOWING FED CHAIR'S SPEECH
Gold prices spiked to the $3250 region after a reassuring speech by the new Fed Chair, which helped calm market sentiment. The move reflects renewed demand for safe-haven assets.
📉 Currently, XAUUSD is trading around the 3220 area, testing short-term resistance levels and potentially building momentum for another upward push.
🔎 Key short-term price zone:
In the short term, gold is likely to range between $3200 and $3250, forming a short-term trading zone where accumulation and directional moves may develop.
✅ Short-Term Trade Setup
🔹BUY:
Entry: 3205
Take Profit (TP): 3210
Stop Loss (SL): 3200
🔹SELL :
Entry: 3241
Take Profit (TP): 3236
Stop Loss (SL): 3246
⚠️ Notes:
These setups are best suited for short-term traders using lower timeframes (M15–H1).
Monitor price action closely around 3200 and 3250 for confirmation before entering trades.
Always apply proper risk management to avoid overexposure, especially with ongoing market reactions to Fed news.
Gold rebounds above 3190, maintains
🔔 Driving Events
Gold prices (XAU/USD) failed to extend Thursday's sharp rebound from the $3,120 area (the lowest level since April 10) and faced selling pressure again during Friday's Asian session. The 90-day trade truce between China and the United States has relieved some of the pressure on global financial markets, suppressing demand for safe-haven metals.
Nevertheless, lingering geopolitical tensions and a weaker US dollar continue to provide potential support, limiting the downside for gold prices. In addition, the market's growing expectations for further interest rate cuts by the Federal Reserve may prevent traders from taking a strong bearish stance on gold in the short term.
📊Comment Analysis
Gold prices have recovered, and buyers are determined to keep gold prices stable around 3200 points in May. Waiting for new bullish momentum after the end of tariff negotiations
💰Strategy Package
🔥Sell Gold Zone: 3287-3290 SL 3294
TP1: $3270
TP2: $3260
TP3: $3250
🔥Buy Gold Zone: $3173 - $3175 SL $3168
TP1: $3188
TP2: $3200
TP3: $3218
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the lot size that matches your funds
- Profit is 4-7% of the capital account
- Stop loss is 1-3% of the capital account
Gold price rises and then sells off?Information summary:
Yesterday morning, gold prices soared due to the impact of international news, hitting an intraday high of $3,253.
On Friday, Asian time, gold suddenly fell rapidly in the short term, and the price of gold currently fell to around $3,215/ounce, a sharp drop of nearly $28 in the day.
Gold price targets higher, but the bullish potential is limited in the short term. The focus will be on the preliminary value of the University of Michigan Consumer Confidence Index in May.
Technical analysis:
Looking at the daily chart, gold prices rose on Thursday, but both the high and low points of the day moved down from the previous trading day. On the other hand, the 20-day moving average eased down to around $3,305/ounce, while the 100-day and 200-day moving averages maintained an upward tilt at a level far below the current gold price. Finally, the trend of technical indicators is upward, but it is still below the previous intraday high and in the negative range, which shows that buyer sentiment is not very high.
The short-term trend shows that gold buyers still lack full confidence.
You need to pay attention to the important support and resistance levels:
Support level: $3,200; $3,175; $3,160.
Resistance level: $3,230; $3,245.
Operation strategy:
Buy around $3,200, stop loss at $3,190, and profit range at $3,250-3,280.
Gold, false decline, real wash
📊Comment analysis
The recent surge and plunge of gold has also led to many different opinions on the market trend. If it rises, look at the ceiling, and if it falls, look at the floor. Most of them are such remarks, and the misleading nature of such remarks can be imagined. The first time I chased more at 3500, it was okay. After the beginning of the month, I soon got the opportunity to get out of the trap. But those who chased higher at 3400 twice last week were not so lucky. Opportunities cannot always be there, and not every time you can survive.
Once you have the idea of standing guard or holding on, it means you will lose. In the face of huge fluctuations in prices, short-term card points, and few positions can be grasped. You can't just rely on a rumor on the Internet to chase shorts and look at bear markets when prices fall, and chase longs and look at bull markets when prices rise. Investing and trading are two different things. Investment is a direction, focusing on large cycles, large directions, long-term, and profiting by time. Trading, on the other hand, makes money by rhythm and fluctuations, which are completely two concepts.
I have always said that the general direction is bullish and the rhythm is to get on board after every retracement. The transaction is divided into short, medium and long. The short-term is limited to intraday. Whether it is right or wrong, it is settled on the same day. The medium-term wave band, after each large retracement, insist on getting on board in batches, and leave after a phased rise. For the long-term, after each large retracement, build positions in batches and hold for a long time. First, make the logic clear, and then talk about the operation. We can't achieve the lowest or highest, but as long as we achieve a relatively low or high position, it will be fine.
The core of investment is the cycle, and the core of trading is the rhythm. If the rhythm is right, everything is right.
In the face of the sharp rise and fall of gold, first, don't hold a heavy position, and second, as long as it is not a relatively high or relatively low chasing order, there is no need to panic. First, if you hold a heavy position, first of all, you can't withstand the fluctuations, you can only bet on the win or loss of one order, and there will be no next chance. Secondly, as long as you chase long at high positions and short at low positions, even if you have a light position, you will not have a chance to get out of the trap, and you can only make up for the loss through new transactions. There is no other way, but to achieve unity of knowledge and action, and don't think about it. Heavy positions, plus chasing back and forth, plus the world lock, will only die faster and will not get out of the trap. Take care of yourself.
Let's talk about the market. First of all, the bull is still there. Secondly, the sharp drop and surge are wash-outs and adjustments, not the peak, but the base is large and the amplitude is large, so you have to reduce your position. At present, it is a large-scale range shock wash-out adjustment at the daily level, and a weekly level retracement, not the peak. It will be very clear if you look at the big cycle, and you must not listen to the rumors flying all over the sky. If it rises, chase high to see new highs, and if it falls, chase short to see new lows. It is not advisable. Again, remember one thing, grasp the relative highs and lows, let the wind and waves rise, and sit on the fishing boat steadily.
After the U.S. market plummeted, it directly reversed and surged. This kind of market will not continue. Don't chase it. Don't see the plummet and then the surge, and then shout that the bottom has been reached. The plummet means the peak, and the surge means the bottom has been reached. Isn't it a life-and-death situation every day?
The U.S. market directly talked about the next area. After the sell-off, gold rebounded sharply yesterday, which gave the trapped orders an opportunity to escape, not a direct reversal. Next, gold will enter a large range of shocks and washes with 3260 as resistance and 3150-3120 as support. After the shock, it will finally experience a wave of sell-offs and break the new low, and then it will bottom out. The bottoming logic is the same as the May Day period. Before May Day, gold continued to maintain above 3260 for washing. After May Day, it directly broke below 3260 and touched 3200 and then rose. Next, it will be the same. After a period of washing and shock, it will fall below the low of 3120 again, hit a new low and bottom out, and start to rise. The rhythm is like this, it depends entirely on courage, patience and technology, chasing ups and downs is not advisable. The rhythm is like this, watch more and do less, hold tight, and fasten your seat belts.
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the capital account
- Stop loss is 1-3% of the capital account
Gold rebounded to the expected position, 3205 short!
📌 Driving Event
The announcement of a 90-day trade truce between the world's two largest economies also helped ease recession concerns in the United States, prompting investors to reduce expectations for aggressive monetary easing by the Federal Reserve (FED). This shift supports the continued rise in U.S. Treasury yields, further suppressing demand for interest-free gold.
📊 Commentary Analysis
Today, the price of gold fell to its lowest point in more than a month. It once hit the lowest level since April 10 at 3120, and then rebounded to the 3200 line, and the volatility increased again!
💰 Strategy Package
Short position:
Actively participate in 3200-3203 points, with a profit target around 3120 points
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose a lot size that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
Gold on Edge – Will Powell Trigger the Drop?📈 Short-Term Trend Analysis – XAU/USD
On the H1 timeframe, gold price formed a short-term top at $3,170, then sharply declined to the $3,150 area.
The current price action shows a pattern of lower highs and lower lows, indicating a clear bearish trend.
Price has broken below the EMA20 and is trading below the EMA50 on the H1 chart – signaling a loss of bullish momentum in the short term.
This reflects market hesitation ahead of key U.S. economic data and the upcoming Fed speech.
📊 Short-Term Technical Scenario
Main Scenario: SELL ON BREAK OF SUPPORT AT $3,150
Sell Entry: Below $3,148 (confirmation of support break)
Stop Loss (SL): $3,158 (above the 23.6% Fibonacci retracement)
Take Profit (TP):
TP1: $3,139 (Fibonacci 61.8%)
TP2: $3,131 (Fibonacci 78.6%)
TP3: $3,120 (strong support zone, previous swing low)
🔔 Important Notes
Closely monitor Fed Chair Jerome Powell’s speech later today. If he hints at maintaining higher interest rates, gold may continue its downward momentum.
A break below $3,120 would shift the trend from short-term bearish to medium-term bearish, with extended targets around $3,100 – $3,080.
Rebounds are opportunities to short goldAt present, gold has tried to fall below the 3200 mark and completely broke the recent low support, laying the foundation for the downward structure. As the center of gravity of gold shifts downward, the upper resistance also moves down to the 3210-3220 area. The relatively clear support below in the short term is in the 3165-3160 area, and after breaking this area, it may even continue to the 3105-3100 area.
Trading strategy:
Consider continuing to short gold in the 3210-3220 area, TP: 3180-3170
CAPITALCOM:GOLD OANDA:XAUUSD FOREXCOM:XAUUSD TVC:DXY
Gold rebounds weakly, US market ideas for reference!
📌 Driving factors
As Sino-US trade tensions ease, market concerns about a global recession ease, investors' risk appetite rises, and gold's attractiveness as a safe-haven asset declines, gold prices fell on Wednesday (May 14). After the tariff truce announced over the weekend, the stock market rose sharply, weakening gold's safe-haven appeal in the short term, which was an important factor that pushed gold prices to new highs in the previous few months, and it is also the starting point for the current large-scale selling!
📊Commentary Analysis
After gold fell below 3200 in the US market, it rebounded to 3198 at its highest. This rebound was just an oversold rebound, and then continued to fall back. Although it has not refreshed the low for the time being, the pattern has weakened, and it is difficult to get up again in the early morning. Weak shorts can't even get past 3198, and the short-term support below is around 3160.
The daily cycle is constructed based on the M-head pattern. 3200 is the long defensive position. If it fails to close, there will be a fall. The technical side has already experienced a major break. Pay attention to the change of thinking. If the adjustment range is large, it may even reach 2900/3000. It rises fast and falls fast, but the long-term logic of gold's rise remains unchanged. It is also an opportunity to lay out more positions, but the position needs to follow the market observation, which is difficult to predict at present.
💰Strategy Package
In the short term, we will rely on 3198 for defensive short selling. After breaking 3200, please note that even if it rebounds, we should follow the trend and short. If it rebounds upward, we should short at the golden section resistance of 3265.
Good luck to everyone!
Labaron believes that
Guaranteeing the principal is the bottom line for survival, controlling risks is the armor for survival, earning income is a stage medal, and long-term stable and continuous profit is the only certificate to finally stand up from the sea of corpses and blood.
Gold fell. How is the market?Gold fell sharply at the opening today, and the lowest point hit $3175.
From the weekly line, this has already touched the weekly MA10 moving average position.
Quaid believes that traders should not blindly carry out short strategies. If there is a price rebound, the rise will be very fast, and the market may not give you a chance to stop loss.
From the 4H chart, we can see that gold has started a downward trend from last Friday's high of $3345. $3345-3307 is wave a. $3307-3360 is wave B. Currently, it is wave C from around $3360.
However, this wave C has not ended yet. If we look at it by standard, it will be considered the end of this trend only when it goes down to around $3120.
However, around $3175 is a support position. So now before it falls below $3175, gold may maintain a shock adjustment of $3200-3175.
I think you need to pay attention to the short-term resistance level of $3200-3250. If it cannot be as strong as breaking, then we can still carry out a short strategy below 3200.
Gold falls below 3200, continues to look at 3100
📌 Driving factors
As Sino-US trade tensions ease, market concerns about a global recession ease, investors' risk appetite rises, and gold's attractiveness as a safe-haven asset declines, gold prices fell on Wednesday (May 14). After the tariff truce announced over the weekend, the stock market rose sharply, weakening gold's safe-haven appeal in the short term, which was an important factor that pushed gold prices to new highs in the previous few months, and it is also the starting point for the current large-scale selling!
📊Commentary Analysis
The price trend of gold on Tuesday showed a significant repeated shock feature. Although it ended up rising, it experienced two tortuous processes of first falling and then rising in the process, which led to a relatively limited overall increase. After the previous day's correction, the current 5-day moving average and the 10-day moving average formed a dead cross and continued to extend downward. From the perspective of intraday trading, the resistance level formed by these two moving averages has become the focus of market attention.
In the morning article, I repeatedly emphasized that gold is expected to break below 3200. Sure enough, it broke below without hesitation today. It is currently at 3185. The short position of gold near 3250 that we gave yesterday has expanded its profit again today, and it is easy to make a profit of nearly 100 points. Today, the US market operation is still mainly shorting, and it can continue to short near the rebound of 3200.
💰Strategy Package
Today, the US market operation is still mainly shorting, and it can continue to short near the rebound of 3200, with the target near 3170-3180.
Labaron believes
Guaranteeing the principal is the bottom line for survival, controlling risks is the armor for survival, earning income is a staged medal, and long-term stable and continuous profit is the only proof that it can finally stand up from the mountains of corpses and seas of blood.
Can we continue to bet against gold?My article today emphasized that gold may fall below 3200. Sure enough, it did so without hesitation today and fell to around 3175 in the short term. At present, gold has rebounded, and the short-term pressure is around 3200, so you can short at this position.
In the short term, focus on the support near 3160 below. If it falls below, there is still room for gold to fall.
Gold starts a downward trend? Latest strategy.News focus:
Today, Fed official Waller will give a speech;
Tomorrow, the number of initial jobless claims, producer price index (PPI) and retail sales data will be released;
On Friday, the market will usher in the University of Michigan Consumer Confidence Index report.
Technical analysis:
Gold fell rapidly in the Asian market, then rebounded slightly, and has been in a sideways trend.
I think the recent volatility is more obvious, and there is still uncertainty whether the direction will be quickly completed.
There are large differences in the current price of the short strategy, and it is impossible to make a decisive breakthrough in the short term.
Operation strategy:
Still adhere to the expectation of short-term decline, the rebound will not hinder the final decline expectation, and the strategy of shorting at high points will be maintained in the short term.
You need to pay attention to the key support level of $3160. If the downward trend opens this position, the gold price may test the low position of 3100.
Gold has now fallen by 3200, and the next support level is 3160
📌 Driving factors
As Sino-US trade tensions ease, market concerns about a global recession have eased, investor risk appetite has increased, and the attractiveness of gold as a safe-haven asset has declined, and gold prices fell on Wednesday (May 14). After the tariff truce announced over the weekend, the stock market rose sharply, weakening the safe-haven appeal of gold in the short term, which was an important factor that pushed gold prices to new highs in the previous few months, and it is also the starting point for the current large number of sell-offs!
Driven by bargain hunting, gold prices rebounded on Tuesday, and the weaker-than-expected US inflation data released that day also helped gold prices rise. However, trade optimism limits the strength of gold's rebound.
📊Commentary Analysis
Gold began to fall in the early trading of the US market and is about to fall to our expected point. The support below is 3160!
💰Strategy Package
🔥Selling Gold Area: 3245-3240 SL 3250
TP1: $3230
TP2: $3210
TP3: $3190
🔥Buying Gold Area: $3167-$3165 SL $3160
TP1: $3178
TP2: $3189
TP3: $3200!
Labaron believes
Guaranteeing the principal is the bottom line for survival, controlling risks is the armor for survival, earning profits is a stage medal, and long-term stable and continuous profits are the only proof of being able to stand up from the mountains of corpses and seas of blood.
[XAU/USD Analysis – 1H Timeframe] - as expectedAs predicted in the previous post, gold (XAU/USD) reacted precisely at the 3243 resistance zone — a strong supply area where our short-term SELL setup was triggered. Price then reversed and moved downward as expected.
At the moment, the trade plan remains unchanged. You can refer to the detailed setup in my previous post on my personal page. Here's the updated short-term strategy
💡 Short-Term Trade Scenarios:
SELL XAU/USD
📍 Entry Zone: 3240 – 3243
💰 Take Profit: 3235 – 3238
🚨 Stop Loss: 3245
BUY XAU/USD
📍 Entry Zone: 3219 – 3222
💰 Take Profit: 3224 – 3227
🚨 Stop Loss: 3214
The market is currently trading within a narrow range, so the short-term strategy is to “buy low – sell high” within this zone, with tight risk management. A clear breakout beyond 3245 or 3214 may require a reassessment of the trading strategy based on momentum and volume.
⏳ Note: This is a short-term analysis based on the 1H timeframe and is not intended for overnight holding unless supported by a clear setup.
Gold continues to trade sideways above the 3200 area
📌 Driving factors
The United States and China announced on Monday a 90-day suspension of tariff increases. According to statements made after the Geneva talks last weekend, the United States will reduce tariffs on Chinese imports from 145% to 30%, while China will reduce tariffs on US imports from 125% to 10%.
Meanwhile, on the geopolitical front, Russia and Ukraine are preparing for their first high-level face-to-face talks since 2022, scheduled to take place in Istanbul this week. The talks come as the international community is increasingly pressuring Moscow to accept a 30-day ceasefire. U.S. Secretary of State Marco Rubio and special envoys Steve Witkov and Keith Kellogg are expected to represent the United States in the talks.
Gold prices rebounded on Tuesday, driven by bargain hunting, while weaker-than-expected U.S. inflation data released that day also helped gold prices rise. However, trade optimism limited the strength of gold's rebound.
📊Comment Analysis
In the accumulation price zone, the gold price is sideways around 3200-3270, and the buyers and sellers are balanced
💰Strategy Package
🔥Selling gold area: 3282-3284 SL 3289
TP1: $3270
TP2: $3260
TP3: $3250
🔥Buying gold area: $3167-$3165 SL $3160
TP1: $3178
TP2: $3189
TP3: $3200!
Labaron believes
Guaranteeing the principal is the bottom line for survival, controlling risks is the armor for survival, earning profits is a stage medal, and long-term stable and continuous profits are the only proof that can finally stand up from the sea of corpses and blood.