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XAU/USD) Breakout strong bullish trend Read The captionSMC Trading point update Technical analysis chart of gold (XAUUSD) on the 4-hour timeframe. Here’s a breakdown of the key ideas presented in the chart: --- Key Support/Resistance Zone A yellow rectangular zone marks a significant support/resistance level. This level was previously a resistance and has now been flipped into support ("new support level"). --- Trend Analysis Uptrend line (lower diagonal line): Shows support and higher lows forming a bullish structure. Downtrend lines (upper diagonals): Show past resistance levels being tested. Strong downtrend line has now been broken, which is bullish. --- Target Points Three bullish targets are marked: 1. $3,436.70 2. $3,500.93 3. $3,647.33 These targets seem to be based on: Breakout above the resistance zone. Measured move projections from previous impulsive rallies. --- Technical Indicators 200 EMA (Exponential Moving Average): Currently at $3,261.87, acting as dynamic support. RSI (Relative Strength Index): Current RSI is 54.80, indicating neutral momentum. Previously touched overbought zone (~69), indicating strong recent bullish momentum. --- Arrows Green arrows mark strong bullish bounce points. Red arrow marks a rejection from the downtrend line (previous resistance). Mr SMC Trading point --- Conclusion (Idea Summary) Price has broken out of consolidation and downtrend resistance. If the price holds above the yellow support zone and 200 EMA, a bullish continuation is likely. Targets: $3,436 → $3,501 → $3,647. Confirmation of breakout and momentum depends on volume and RSI behavior in coming candles. --- pelas support boost 🚀 analysis follow)
CAPITALCOM:GOLDLong
by SMC-Trading-Point
21
XAU/USD) Technical analysis Read The captionSMC trading point update Technical analysis of Gold (XAUUSD) on the 1-hour timeframe. Here's a breakdown of the key ideas in the analysis: --- Chart Elements: Support Level (Yellow Zone at ~3,340–3,350): This area has been highlighted as a key support zone where price has bounced previously. Price is currently hovering just above this level. Downtrend Line: A descending trendline is drawn, indicating a short-term bearish trend. A breakout above this line could trigger bullish momentum. Two Scenarios Outlined: Bullish Scenario: If price breaks the downtrend and holds above support, it may rally towards the upper target point at 3,419.68. Bearish Scenario: If price breaks below the support, the next target point is marked lower around 3,300.62, a previous consolidation area and close to the 200 EMA (blue line). 200 EMA (~3,324.72): Acts as dynamic support. If price moves below it, bearish sentiment may increase. RSI (Relative Strength Index): RSI is neutral (~50.54), not showing overbought or oversold signals, leaving room for movement in either direction. --- Key Takeaways: Neutral-Biased Setup: The price is consolidating between a clear support level and downtrend resistance. Confirmation Needed: A breakout from either direction is necessary to confirm the next move. Bullish Breakout: May lead to a retest of highs at 3,419.68. Bearish Breakdown: Could push the price toward 3,300.62, aligned with past support and the 200 EMA. Mr SMC Trading point --- Trading Ideas (based on this analysis): Long Entry: On breakout above the downtrend line + confirmation above 3,360. Short Entry: On breakdown below 3,340 with strong volume. Stop-Loss: Just outside the consolidation zone depending on trade direction. Risk Management: Be cautious around economic news (calendar icons shown suggest upcoming events). Please support boost this analysis )
FX:XAUUSD
by SMC-Trading-Point
7
Gold------Buy near 3360-3380, target 3390-3400Gold market analysis: Recently, the daily gold trading has begun to be a game. Today's idea is to continue buying and looking for buying opportunities. At present, it is an obvious shock rise, not a direct one-sided one. Don't rush to enter the warehouse. Yesterday, the daily line closed positive, and the short-term 3392 was suppressed. The daily moving average began to diverge. There is not much time for high-level shocks. The shock is mainly because this week is a data week. The market has too many uncertainties about the future. For example, yesterday's ADP employment data is like this. There is a more heavy NFP later. I estimate that the shock market will continue before the non-agricultural data. Today, we focus on the opportunity of shock retracement and continue to buy. The analysis chart shows that the hourly shock range is 3392-3342. Yesterday's daily closing raised the shock platform. Today, we focus on the support of two shock platforms. One is around 3363, which is an hourly shock, and the other is 3354. This position is the moving average and pattern support. These two supports in the Asian session are both buying opportunities. In addition, if it breaks 3392, it may stand on 3400 and start a new bullish pull. Support 3363, 3354, strong support 3343, suppression 3385, strong pressure 3392, the market strength and weakness watershed 3363. Fundamental analysis: The US ADP employment data released this time showed a significant reduction in employment, supporting gold to suppress the US dollar, and also giving the US market a new expectation for non-agricultural. Operation suggestion: Gold------Buy near 3360-3380, target 3390-3400
OANDA:XAUUSDLong
by NuggetsWarriors
1
Is there still hope for the bull market to rise today?📰 Impact of news: 1. Progress made in talks between China and the USA 📈 Market analysis: In view of the non-agricultural data to be released on Friday, the market is expected to maintain a volatile consolidation trend before then. From the daily level: the Bollinger Bands open gently, the gold price is running below the upper track 3414, and the MACD golden cross is running slowly, suggesting that the bullish momentum is weak. At the hourly level, the short-term short position is strong, and there is a certain rebound demand. Therefore, we pay attention to the 3343-3333 support line below, focusing on the 3300 support. After the gold price falls below the 3360 support, the 3360 position will suppress the gold price in the short term. 🏅 Trading strategies: BUY 3343-3333 TP 3360-3370-3380 SELL 3360-3370 TP 3330-3320 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 FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
OANDA:XAUUSDLong
by AllenBoswell-2
Is there still a chance for a bull market in gold's decline?📰 Impact of news: 1. European Central Bank deposit facility rate in the eurozone as of June 5 2. Initial jobless claims data 3. Non-farm payroll data 4. Worsening geopolitical situation 5. Watch the impact of the dialogue between Trump and Xi Jinping on gold 📈 Market analysis: This round of geopolitical conflict caused an upward breakthrough, but the price has cooled down due to the negotiations between China and the United States. The current market is swaying at 3374. In fact, gold has not yet taken a more obvious direction. After all, tomorrow, Friday, is a key node in the data market game. At the 4H level, today's European session has reached the 3404 line, and encountered resistance and pressure here. The current retracement is in line with our expectations, and we expect to go long. As long as the key position of the middle track is maintained, it will continue to rise after being pulled down. At present, I still hold long orders. 🏅 Trading strategies: BUY 3390-3385-3375 TP 3400-3410 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. TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
OANDA:XAUUSDLong
by AllenBoswell-2
Can gold prices continue to rebound?Market news: Spot gold rose slightly in early Asian trading on Thursday (June 5), currently trading around $3,382/oz. Supported by a weaker dollar and weaker U.S. data, investors are struggling to cope with growing economic and political uncertainty. Against the backdrop of rising risk aversion demand and weak economic data, gold prices rose slightly. At the same time, tensions between major powers, progress in EU-U.S. trade negotiations, and rising market expectations for a Fed rate cut have further ignited enthusiasm in the gold market, and the possibility of London gold prices rising above the 3,400 mark has increased. The job market is sluggish, some industries are laying off employees, and wage growth is offset by the cost of living. Inflationary pressures continue, and companies plan to raise prices to pass on tariff costs. The Fed said the economic outlook is unclear and it will continue to monitor data to adjust its policies. As a safe-haven asset in times of political and economic uncertainty, gold tends to perform strongly in a low-interest rate environment. Investors are closely watching the U.S. non-farm payrolls report to be released on Friday, June 6, for clues to the Fed's next move. In addition, we also need to pay attention to the ECB interest rate decision and the changes in the number of initial jobless claims in the United States on this trading day. The market expects the ECB to cut interest rates by 25 basis points. In the medium and long term, it tends to support the international gold price. In addition, continue to pay attention to the international trade situation and speeches by Fed officials. Technical Review: Gold successfully bottomed out yesterday, with the lowest point of the day at 3344, which is not much different from the point of 3345 that we disclosed in the morning. The market point is basically in place. The small non-agricultural positives in the evening helped the gold price to rise further. The high point of gold is gradually approaching the pressure level of 3392. In the short term, the gold price is expected to break through the pressure and continue the upward trend! The technical side of gold maintains the bullish low-multiple thinking. The daily chart price extends the MA5/10/7-day moving average high point upward, and the RSI indicator is hooked upward above the middle axis. The short-term four-hour chart and hourly chart moving average open upward, the Bollinger band opens upward, and the price is running on the upper and middle track of the Bollinger band. The main idea is to buy at a low price and sell at a high price. Today's analysis: Recently, the market, tariff trade policies, and geopolitical tensions have been affecting the strength of the US dollar and gold. Although it seems that gold is fluctuating upward for the time being and has not gone out of the space for a unilateral surge, it can be seen from this week's slow rise that gold is still an absolute buying trend. Therefore, no matter how it adjusts, falls back, or fluctuates, it is an opportunity to buy into the warehouse. How to plan for the future market? I believe everyone has a clear direction in mind. Buying is very strong, just go with the trend. The important thing is the point. The low point below is moving up, which means that if the gold price drops again, the low point will not fall below 3344. Yesterday, the gold Asian and European sessions were in a volatile adjustment trend. After the release of the US session data, the gold price rose from 3350 to the current price of 3385 and then fell back. In terms of short-term operations, since the high point of the Asian session broke, it is still recommended to buy at a low price and focus on bullish operations. Operation ideas: Short-term gold 3350-3360 buy, stop loss 3340, target 3380-3400; Short-term gold 3397-3400 short, stop loss 3408, target 3360-3340; Key points: First support level: 3363, second support level: 3350, third support level: 3333 First resistance level: 3388, second resistance level: 3396, third resistance level: 341
OANDA:XAUUSDLong
by NuggetsWarriors
Gold should beware of unexpected employment data explosion!Market New s On Wednesday (June 4) in the Asian market, spot gold fluctuated slightly and is currently trading around $3,346 per ounce. The international gold price fell 0.83% on Tuesday, after hitting a high of $3,392 since May 8. The price decline was mainly suppressed by the rebound of the US dollar exchange rate. At the same time, the tense international trade situation, the weakness of the US labor market and the cautious attitude of the Federal Reserve have cast a fog of uncertainty over the gold market.However, the market remains vigilant about the global situation. The continued expansion of the US fiscal deficit, the escalation of trade tensions between Asian powers and the United States, and the failure of the second round of peace talks between Ukraine and Russia have led to market risk aversion still supporting London gold prices. The Fed's wait-and-see attitude and cautious assessment of inflation expectations have further increased market uncertainty. Pay close attention to Friday's non-farm payrolls data and the Fed's policy guidance to determine the next wave of gold price movements. In addition, this trading day pays attention to the US ADP employment data in May and the US ISM non-manufacturing PMI data in May, as well as news related to the international trade situation. News related to the geopolitical situation also needs to be paid attention to. Technical Review Gold rose strongly overnight because Ukraine directly blew up 41 Russian fighter jets. Today, the expected rhythm was completed and the bottom rebounded. In the four-hour chart, the hourly chart price still maintains the upper track of the Bollinger Band channel, and the daily chart MA10-day moving average 3326 and the 5-day moving average 3340 are running above. In the wide range of market fluctuations, short-term participation is the main. Intraday callbacks are still mainly low-price buying. In terms of the moving average system, the short-term moving average diverges upward, providing certain support for the price, but the deviation rate from the long-term moving average has a trend of shrinking, so beware of price corrections. At the 4-hour level, the 5-day moving average crosses the 10-day moving average to run. If the hourly price can effectively break through the upper edge of the recent fluctuation range of 3400, it is expected to usher in a wave of rising prices in the short term; on the contrary, if it falls below the lower edge of 3300, it may further explore. Today’s analysis Gold rebounded in the Asian session and then rushed up directly, and the center of gravity of the rebound low point is also constantly moving up. At present, from the one-hour market, the short-term gold price has stabilized above the top and bottom conversion position of 3340, and it also remains above the upward trend line. Buying is strong. For the future trend, we still have a buying mindset! Gold price rebounded to the lowest level of 3346 in the Asian session, and the buying energy is relatively strong, but I still suggest that you don’t chase orders. There is no good thing in the Asian session. Chasing the rise is easy to be trapped at a high point. We only need to pay attention to two points in the Asian session, which are the key position of 3330 and the short-term support level of 3346. If there is a rebound to 3350 during the session, start ambush buying! Operation ideas: Short-term gold 3350-3360 long, stop loss 3330, target 3370-3400; Short-term gold 3370-3380 short, stop loss 3350, target 3340-3320; Key points: First support level: 3338, second support level: 3326, third support level: 3303 First resistance level: 3370, second resistance level: 3386, third resistance level: 3396
OANDA:XAUUSDLong
by NuggetsWarriors
1
Long positions have made profits, focus on support📰 Impact of news: 1. The United States issues new sanctions on Iran 2. Trump continues to criticize the Federal Reserve 📈 Market analysis: At present, the gold price has touched 3340. If it stabilizes here, we can arrange to go long. However, the gold price is constantly testing downwards, which is why I did not arrange to go long immediately. At the same time, we need to be vigilant about whether the gold price will fall below the important support of 3330. If it really falls below 3330, the gold price may test the support of the integer mark of 3300, which will also determine the future market trend. 🏅 Trading strategies: SELL 3400-3370 TP 3340-3330-3300 BUY 3335-3330 TP 3350-3370 SELL 3325-3320 TP 3310-3300 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 FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
OANDA:XAUUSDShort
by AllenBoswell-2
Gold price fluctuates before NFP data, be careful📰 Impact of news: 1. European Central Bank deposit facility rate in the eurozone as of June 5 2. Initial jobless claims data 3. Non-farm payroll data 4. Worsening geopolitical situation 📈 Market analysis: Since the release of ADP data last night, gold prices have been rising all the way, reaching a high of around 3382, which is in line with the expected resistance of 3385-3395 we saw yesterday. Currently, the bulls are stable above 3330, and the gold price is still in a bullish trend on the daily chart. Although the current market is in a state of consolidation, there is a possibility of a surge and fall in the short term. Only after a negative line correction occurs, it may continue to be bullish. In short-term trading, pay attention to 3385-3395 on the top and the opportunity to retreat to 3365-3355 on the bottom. Pay attention to data such as initial jobless claims and tomorrow's non-agricultural data. 🏅 Trading strategies: BUY 3365-3355-3345 TP 3370-3380-3400 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. TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
OANDA:XAUUSDLong
by AllenBoswell-2
XAU/USD(20250604) Today's AnalysisMarket news: Fed Logan: We should focus on achieving the 2% inflation target, rather than trying to make up for past inflation shortfalls; Bostic: We still think there may be a rate cut this year. Technical analysis: Today's buying and selling boundaries: 3359 Support and resistance levels 3417 3395 3381 3337 3322 3301 Trading strategy: If the price breaks through 3359, consider buying, the first target price is 3381 If the price breaks through 3337, consider selling, the first target price is 3322
OANDA:XAUUSDLong
by NuggetsWarriors
The latest trend analysis and operation layout of Europeanmarket📰 Impact of news: 1. Speech by the Federal Reserve during the US trading session 2. Geopolitical and tariff issues 📈 Market analysis: Recently, the escalation of the Russia-Ukraine conflict and global trade tensions has pushed international gold prices to rise strongly. Although Russia and Ukraine reached a consensus on prisoner exchange in the second round of negotiations on Monday, the ceasefire agreement remained deadlocked. Coupled with the US announcement of additional steel tariffs, geopolitical risks and economic uncertainties stimulated risk aversion sentiment. From a technical perspective, the upward trend of gold since 3120 is clear. After breaking through 3340 on Monday, it accelerated to test the 61.8% Fibonacci resistance level of 3396, but the pressure at the 3400 integer mark is significant. At the same time, 3330 below is still the current key support level. The current decline in gold prices is more like a technical correction to yesterday's rise. Yesterday, we reminded everyone to pay attention to the 3355 level. The intraday operation suggestion for the European session is 3355-3345. You can try to go long and look at the 3370-3380 line. If it breaks through effectively, it will test the 3396 or even 3400 line; if it fails to break through the upper resistance, it will fall into a range of fluctuations. 🏅 Trading strategies: BUY 3355-3345 TP 3370-3380-3390 SELL 3370-3380 TP 3350-3340-3330 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 FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
OANDA:XAUUSDLong
by AllenBoswell-2
Gold is taking a break, the next wave will be even stronger.Gold opened at 3382 today and rebounded to 3392 for a technical decline adjustment. So far, gold has hit a low of 3351. Currently, gold continues to fluctuate around 3360. We will pay attention to the support situation at 3345-50 below. If it does not break through, we will look for opportunities to go long. Judging from the current trend of gold prices, the overall bullish trend remains, and there is still the possibility of further upward movement in the short term. The support below focuses on the 3345-3350 area, which is an important defensive position for short-term bulls. If it falls back to this area and stabilizes during the day, you can continue to rely on this position to arrange long orders, and the bullish thinking remains unchanged. Pay attention to the 3395-3400 first-line pressure above. If this range is effectively broken, the gold price is expected to hit the previous high and further open up the upward space. From the daily level, the market is still in the "low-long" rhythm of the trend, and it is expected to maintain a volatile upward trend in the short term. The recent market fluctuations are large. In terms of operation, it is necessary to strictly control the position and pay attention to risk prevention. Gold operation strategy recommendation: Go long when gold falls back to 3345-3355, target: 3380-3390.
OANDA:XAUUSDLong
by TP_Daniel5
Don't chase long positions easily during high-level adjustments📰 Impact of news: 1. The conflict between Russia and Ukraine breaks out again, exacerbating the uncertainty of the situation 2. The tension in the Middle East continues, Iran claims to be ready to defend its airspace at any time, and the Houthi armed forces attack Israeli airports 3. May PMI data released 📈 Market analysis: In the short term, the double high points above the gold price are suppressed at the 3365 line. The MACD indicators at the 4H and daily levels tend to form a golden cross, releasing bullish signals. In the short term, if you want to confirm a unilateral upward trend, you need to break through the 3365 line. Despite the strong bullish signals, as I just reminded you, the current technical indicators are close to overbought areas, and I still think there is a certain risk of a correction. In the European session, I will consider trying to short at the 3355-3365 line, and pay attention to the short-term support at 3340-3330 line below. Later, after the price gets some support at the support level, we can consider long trades. 🏅 Trading strategies: SELL 3355-3365 TP 3340-3330-3320 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 FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
OANDA:XAUUSDShort
by AllenBoswell-2
Is the positive news fading? The latest analysis of gold📰 Impact of news: 1. The conflict between Russia and Ukraine breaks out again, exacerbating the uncertainty of the situation 2. The tension in the Middle East continues, Iran claims to be ready to defend its airspace at any time, and the Houthi armed forces attack Israeli airports 3. May PMI data released 📈 Market analysis: As geopolitical conflicts between Russia and Ukraine and the Middle East broke out again over the weekend, gold jumped higher today. From a technical perspective, the 1H chart shows a bullish arrangement, but the gold price is in a downward channel at the daily level. The gold price is currently near the middle track of the Bollinger Band and is obviously suppressed by the downward channel. The 4H level Bollinger Bands narrowed, the moving averages adhered, the long and short positions were in a stalemate, and the MACD indicator hovered around the 0 axis. 3330 - 3335 above is the key resistance area. If it breaks through 3340, it is expected to continue to see new highs. At the same time, there is short-term support in the 3285-3280 range below. 3270 - 3265 becomes the key important support. If it falls below, it may fall to 3245. For short-term operations in the Asian and European sessions today, if the resistance area of 3325-3335 cannot be effectively broken through, you can consider shorting and look towards 3310-3290 in the short term. 🏅 Trading strategies: SELL 3325-3335 TP 3310-3290 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. TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
OANDA:XAUUSDShort
by AllenBoswell-2
XAU/USD) Bearish trand analysis Read The ChaptianSMC trading point update Technical analysis of XAU/USD (Gold Spot) on the 1-hour timeframe, based on Smart Money Concepts (SMC). Here's a breakdown of the idea and trading scenario: --- Overall Idea: Bearish Continuation --- Market Context Current Price: $3,291.99 EMA 200: $3,297.69 (acting as dynamic resistance) Trend: Price is within a descending channel, respecting both downtrend and uptrend lines Directional Bias: Bearish unless a breakout occurs --- Key Zones 1. Resistance Level (Sell Zone) Around $3,320–$3,340 Price rejected this level multiple times → strong supply zone 2. FVG Level (Fair Value Gap) Around $3,305–$3,315 Price tapped this area and showed rejection Identified as a "seller zone" – price likely filled imbalance and now resuming trend --- Projected Move Price is expected to: 1. Reject EMA and FVG zone 2. Continue downward movement 3. Target support around $3,244.95 --- Indicators EMA 200: Above price → bearish pressure RSI (14): ~46.78 → no extreme reading, but leans bearish; room for further downside --- Trade Idea Summary Bias: Bearish Sell Entry: ~$3,300–$3,310 (already triggered) Stop Loss: Above $3,320 Target: $3,244.95 (demand zone / previous low) Risk/Reward: Favorable (~1:2+) Mr SMC Trading point --- Warnings Multiple economic event icons are marked (bottom of chart) → potential high volatility, especially around NFP/FOMC-related news --- pales support boost 🚀 analysis follow)
FX:XAUUSDShort
by SMC-Trading-Point
9
Gold's rebound is weak and the bearish trend is dominant.The 1-hour gold chart shows that the Bollinger Bands open downward, and the gold price is running near the lower track, with a weak short-term trend. If it fails to rebound effectively and break through the 3290 line, the support below will focus on the 3240-3230 area. Overall, the gold price fluctuates downward, the moving average system is in a short position, and the downward pressure is further revealed. It is currently recommended to continue to maintain a high-altitude thinking and focus on short-selling opportunities after the rebound. In the short-term operation of gold during the day, rebound short-selling is the main focus. Pay attention to the pressure level of the 3290-3280 area above, and the support level of the 3240-3230 area below. In terms of operation strategy, it is recommended to arrange short orders when the gold price rebounds to the 3280-3290 range. This is a key pressure area, and it is necessary to pay attention to the market reaction in this range.
OANDA:XAUUSDShort
by TP_Daniel5
Gold shocks extreme pull, US market layout🗞News side: 1. Musk issued the "strongest" condemnation of Trump 2. Trump and Netanyahu failed to reach an agreement, and the US-Iran negotiations may be "disrupted" by Israel 📈Technical aspects: The trading strategy we have given is still valid. The current gold price trend on the hourly chart shows a standard descending flag pattern. If this pattern continues to be effective, there is a high possibility that the gold price will fall below 3285-3280. Once it falls below this range, as we gave in the strategy this morning, it may fall to the 3260-3250 line. However, the premise for this expectation to be established is that the gold price cannot break through and stabilize on the upper track of the consolidation channel, otherwise the descending flag pattern will be invalid. Therefore, for US market operations, short positions can be arranged around the upper rail of 3325, paying attention to the suppression effect; for the lower rail, first pay attention to the support effect of 3300. sell 3325-3330 TP 3310-3300 buy 3290-3280 TP 3310-3320 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
OANDA:XAUUSDShort
by AllenBoswell
XAU/USD) 3 top technical analysis Read The ChaptianSMC trading point update Technical analysis (XAU/USD) on a 4-hour timeframe, with key elements and potential price scenarios illustrated. Here's a breakdown of the idea behind this analysis: --- 1. Key Levels and Zones Resistance Zone (~3,320–3,330): Marked with red arrows indicating multiple rejections. A crucial supply zone that the price failed to break several times. Support Zone (~3,280–3,290): Labeled as “nak support level” (likely means "neckline" support in a possible head-and-shoulders structure or just a key level). Important for bullish structure continuation. Lower Target Zone (~3,205): A demand zone if the support fails. Labeled as another “target point” indicating a bearish projection. --- 2. Trend Context The price was in an upward channel (highlighted as "up trend"), which has now been broken. EMA 200 (~3,251) is acting as a dynamic support. --- 3. Potential Scenarios Bullish Scenario (Red/Blue Arrows Up): If the price holds the “nak support level” and breaks back above resistance (~3,320): A bullish move toward 3,367 and even 3,435 is expected. The blue arrow shows a projected upside target of ~105 points. Bearish Scenario (Black Arrow Down): If the price breaks below the neckline/support and EMA 200: A drop toward the 3,205 area is anticipated. Target aligns with previous structure lows and a clean demand zone. --- 4. RSI Indicator (Bottom Panel) RSI is hovering around neutral (~45–50), offering no strong momentum bias. Could support either a bounce or a breakdown, depending on upcoming moves. Mr SMC Trading point --- Conclusion / Idea Summary This chart presents a conditional trade setup: Above 3,320: Long toward 3,367–3,435. Below 3,280–3,250 (and EMA 200): Short toward 3,205. The market is currently at a decision point, and traders should wait for confirmation (breakout or breakdown) before entering a trade. Pales support boost 🚀 analysis follow)
FX:XAUUSD
by SMC-Trading-Point
17
XAU/USD) Bearish trand analysis Read The ChaptianSMC trading point update Technical analysis for Gold (XAU/USD) on the 4-hour timeframe. Here's a breakdown of the key ideas and strategy behind it: --- Key Elements of the Chart: 1. Descending Channel Pattern: Price is moving within a descending channel (downward sloping resistance and support lines). The red arrows mark previous rejections from the upper boundary of the channel. 2. Supply Zone / Resistance Area: Highlighted in yellow, the price has entered a supply zone (between 3,412.00 and 3,440.42), historically where selling pressure has emerged. The analysis suggests sellers may dominate again in this zone. 3. Price Action Projection: Expected to reject from the supply zone, possibly forming a lower high. Price is projected to break the short-term upward trendline, then fall sharply. 4. Target Points: First target: 3,206.96 – likely aligned with a minor support level or Fibonacci retracement. Second target: 3,085.56 – near the lower boundary of the descending channel. 5. EMA 200 (3,238.55): Price is currently above the 200 EMA, but the projection anticipates a breakdown below it, confirming further bearish sentiment. 6. RSI Indicator: RSI is at 67.56, near overbought territory, suggesting limited upside and a possible correction. --- Trade Idea Summary: Bias: Bearish Entry Zone: Between 3,412 – 3,440 (supply zone) Confirmation: Rejection at the trendline + RSI divergence Targets: TP1: 3,206.96 TP2: 3,085.56 Invalidation: Break and hold above 3,440.42 (channel breakout) Mr SMC Trading point --- Risk Management Note: Ensure stop-loss is placed above the resistance zone (e.g., around 3,450) to mitigate false breakouts. Monitor fundamentals like upcoming US economic data, as they can heavily impact gold. Pales support boost 🚀 analysis follow)
CAPITALCOM:GOLDShort
by SMC-Trading-Point
23
Gold fluctuates repeatedly, and the opportunity has come Gold hit 3325 in the European session, and fell under pressure in the US session. It can be seen that the market still has no continuity, and the recent volatility is narrowing compared to the previous period. The whole month of May was a wide range of roller coaster fluctuations. The oscillating market is to operate at the point of card. Wait for a one-sided trend and then follow the trend. Short-term US market rebounds to 3315 to short, and use the intraday high as defense. The 1H cycle support below 3280/3290 is long in batches, and other positions are not involved.
OANDA:XAUUSDShort
by Labaron
1
How to seize this golden short-term opportunity!Yesterday, gold continued to fall from its highs, and the short-term trend was in line with our expectations. The lowest price of gold yesterday hit around 3285, which was also the long area given in yesterday's analysis. In addition, the secondary layout of long orders in yesterday's analysis brought us good returns. At present, gold is in a rebound stage as a whole. Although the momentum and amplitude of the rebound have not increased significantly, this trend has shown signs of a gradual recovery in the market. In terms of short-term operations, it is recommended to follow the trend and wait for the price to fall back before choosing an opportunity to go long. Yesterday, the gold price fell again to around the 3285 mark and received effective support. Today, we still need to focus on the support performance of this area. From the perspective of the 4-hour cycle, today's gold price relies on this area as a short-term strength and weakness dividing line for long and short layout. The lower support focuses on the 3275-3283 range, and the upper pressure is around 3316-3320. The short-term key watershed is around 3275-3280. As long as the daily level does not effectively fall below this area, the overall judgment of the long and short shock range is still maintained. In terms of operation, the "high-altitude and low-multiple" rotation idea will continue to be the main focus. If the market situation or rhythm changes, the strategy will be adjusted in time according to the actual market situation and will be notified separately. Gold operation strategy reference: 1. If gold falls back to the 3275-3285 area, you can consider placing long orders, with the target at 3316-3320. 2. If gold rebounds to the 3316-3321 area, you can try to short with a light position, with the target at 3288-3290.
OANDA:XAUUSDLong
by TP_Daniel5
Key data will be released, gold will usher in a turning point🗞News side: 1. Musk issued the "strongest" condemnation of Trump 2. Trump and Netanyahu failed to reach an agreement, and the US-Iran negotiations may be "disrupted" by Israel 📈Technical aspects: Gold prices continued to fall this week as Trump extended the impact of increasing tariffs on the European Union. After stabilizing at 3285 and rebounding yesterday, the gains and losses at 3315 during the day are the key to the subsequent layout. The current Asian session did not stand above 3315 in the morning, which means that the short-term retracement and decline have not ended, and only by breaking through 3315 can there be a chance to continue upward. The 4H level of gold is not so strong at present. The market encountered resistance and fell back at the upper track. Now the market has touched the lower track. The Bollinger Bands have not opened and are still flat, indicating that the market is in a volatile trend in the short term. The support below 3280 just coincides with the lower track. The upper side pays attention to the resistance near the middle track of 3325. If the pressure near the middle track of 3325 is broken, it can be seen to the upper track of 3365. If the market breaks below 3280, it is expected to go to 3260-3250. The European session will temporarily maintain a high-altitude low-multiple cycle. Pay attention to 3315-3325 on the upper side and 3285-3280 on the lower side. 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
OANDA:XAUUSDShort
by AllenBoswell
Gold trading direction remains bullish Gold prices fell under pressure, breaking through 3,300 points during the session and eventually closing at a low level. The lack of fundamental support and the rise in US assets eventually caused gold prices to fall back, and are still in a falling stage. At the beginning of this week, we made it clear that we would not enter the market at a high level to chase the rise. Gold prices are facing important technical suppression. Falling back may be inevitable, but it is also normal. Only by falling back can we expand the space for rising prices. The upward trend will not be changed during the adjustment. Under this development background, the next trading path is clear. At the beginning of the week, although the US dollar rebounded, it is still unknown whether it can continue! After the 20-year US Treasury auction last week was cold, this week will usher in the 5-year and 7-year Treasury auctions. If it is cold again, the market will only increase its distrust of the entire US assets. If so, it will theoretically be good for gold prices. On Thursday, the market will welcome the minutes of the Federal Reserve's May monetary policy meeting, followed by speeches by several Federal Reserve officials. What will be the final tone? It is difficult to make predictions and affirmations now, and the market needs to observe inflation from this meeting and speech most, so as to clarify expectations on whether the Federal Reserve will cut interest rates or not, which requires special attention. 5.29 Federal Reserve Meeting Minutes Whether the gold price retreats or fluctuates, it will not change the upward trend. This is a point we have made clear many times, but it should be noted that it is different from last year. This year's rise is unlikely to rise from the beginning of the year to the end of the year like last year. This year's rise must go through multiple cycles and large space back and forth, especially leveraged transactions. Positions must be controlled and risks must be strictly controlled. Those who are not leveraged only need to wait patiently and use time to exchange space. Yesterday, the price of gold retreated as expected, falling below 3,300 points during the session. After reaching the effective support level, it rebounded, but the strength was not strong and the space was not large. The final price was not high. From today to now, there has not been a strong rebound, and even if there is, it is difficult to sustain. As of today, Wednesday, the decline in gold prices has not yet ended completely. The support tested yesterday is expected to be tested again, or even broken. From a technical point of view, there is still a lot of room for expansion below, but the trend of gold prices is not completely determined by a single technical aspect. It must be combined with fundamental information to make a comprehensive judgment. In short, the upward trend of gold prices has not changed. In the stage of retracement and adjustment, it is necessary to control the rhythm of long and short changes. If it can retrace and lower the price, there will be more room for the next rise.
TVC:GOLDLong
by Yuliya1l11