Golden Jedi counterattack! Key support ignites the bull engine📌 Gold Technical Analysis & Operation Strategy Update
Gold bottomed out and rebounded as expected, and the trend basically met recent expectations - oscillating upward around the support range below.
💡 Key Point Review
Today, gold opened at around 3300, with a minimum of 3291, and then rebounded, reaching a maximum of 3325. The overall trend still fluctuates within the range, with strong support below and obvious suppression above, and the overall performance is a narrow range of fluctuations.
📉 4-hour chart analysis
Support focus: 3285-3295 area
Pressure focus: 3330-3340 area
Short-term long-short watershed: 3275-3283 line
🔎 Before effectively falling below the watershed, it is still mainly seen as range fluctuations, and the high-altitude low-multiple strategy continues to be implemented.
📈 Operation strategy suggestions
1️⃣ Try to go long with a light position if the price falls back to 3295-3300
2️⃣ If the price falls back to 3280-3285, you can add to your position appropriately
🎯 Target focus: 3316-3320, and look to 3330-3340 after breaking through
⚠️ Risk control suggestions: strictly set stop loss, control position, and prevent the risk of range breakout.
Goldoz
Short term is still dominated by short positions!Although the easing of trade tensions in the short term has led to a correction in gold prices, the three core factors supporting the strength of gold still exist: expectations of loose global monetary policy, rising geopolitical risks, and the long-term weakening trend of the US dollar. In particular, the market expectation that the Federal Reserve may maintain loose monetary policy will continue to provide momentum for gold to rise.
From the daily chart, the price of gold has shown a clear upward trend since this year. Although there have been several corrections in the middle, the bulls still control the medium and long-term market. After the previous rise in the H4 cycle, it is not so strong now. Instead, it is a volatile trend. The Bollinger band is closed, and the trend strength still needs market stimulation to rise again.
The 1-hour moving average of gold has begun to turn, so the rising strength of gold bulls has been suppressed. The high point of the 1-hour rebound of gold has been getting lower and lower, and the low point has also begun to fall. The 1-hour gold has begun to fluctuate downward. The downward trend of the gold rebound is suppressed near 3340. Gold rebounds near 3340 and can still be shorted.
Flexible response is the best strategyGold rose sharply in the morning and continued to rise slowly during the day. Because of the divergence of indicators in the short cycle, it is difficult to exert further force. Today's market has been fluctuating between 3285 and 3320. In the evening, we will first look at the space for decline and repair, and then fall back to accumulate strength to stabilize and attack. The lower support will remain at 3285-3280, and then look at the low point of 3274. The upper resistance level will look at the existing high point of 3320. If it breaks through 3320, then pay attention to around 3345. Short positions will be entered when the pressure situation is met. Continue to remain bullish in the evening. In terms of operation, wait for a decline and gradually look up to 3320 and 3345.
Gold operation suggestions: go long on gold around 3290-3285, and look at 3315 and 3325.
How to plan a gold short selling strategyOn Monday, as China and the United States reached an agreement to reduce tariffs, market concerns about a U.S. recession eased, and the U.S. dollar index once approached 102, and finally closed up 1.37% at 101.80. U.S. bond yields both rose, and the interest rate market cut the Fed's pricing for rate cuts this year, boosting demand for the U.S. dollar. However, although the U.S. dollar is bullish in the short term, it faces key resistance, and the U.S. CPI data is coming. If inflation is lower than expected, bulls may take a break.
Today's market rose slightly first, then fell strongly to 3216, and then rose strongly to 3260 in the Asian session before being under pressure. The market is currently in the repair stage, and CPI data is attracting much attention. If the European session does not continue to rise but falls, the bulls may end at 3270. Technically, the upper resistance is 3268-3274, and the lower support is 3244-3237. In terms of operation, it is recommended to rebound high and short as the main, and to pull back and long as the auxiliary.
Operation strategy 1: It is recommended to short near the rebound 3268-3274, with a target of 15-20 points.
Operation strategy 2: It is recommended to pull back near 3244-3237 and long, with a target of 10-15 points.
Focus on shorting opportunities near 3250 in the US market
📌 Gold drivers
After two days of trade talks in Switzerland, the United States and China announced "substantial progress", marking a possible turning point in efforts to ease tensions between the world's two largest economies. Chinese Vice Premier He Lifeng called the talks an "important first step" toward stabilizing bilateral trade, and U.S. Treasury Secretary Scott Bessant expressed the same view, noting that the talks had made meaningful progress. The United States is expected to release more details on the results of the negotiations on Monday.
As the United States and China announced an agreement to cut reciprocal tariffs, the dollar strengthened, weakening the appeal of gold as a safe-haven asset. Spot gold fell 3% on Monday to a low of more than a week, hitting a low of $3,208 during the day, the lowest level since May 1, and the day's decline had reached $100. At the same time, the U.S. dollar index rose by more than 1%, making gold more expensive for holders of other currencies.
📊Comment Analysis
Gold still has room to go down, and the strength of gold bears is still there. Gold rebounded twice in the US market and fell back under pressure near 3250.
💰Strategy Package
At present, the US market still has a demand for a pullback, and the long position near 3220 can now be closed for profit. For the US market, we should first look at the area around 3250. After the pullback is in place, continue to play short orders to look at the target position of 3200. If it breaks upward, find a new point layout. This week's data market and news will have a further impact on gold. For real-time layout of accurate trading signals, please follow the free channel.
⭐️ 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 short-term profit is more fun
🌐 Driving factors
Geopolitical situation: US President Trump's special envoy Witkov held a three-hour meeting with Russian President Putin in Moscow last Friday to discuss the US plan to end the war in Ukraine. The Kremlin said that the positions of the two sides have become closer.
India accused Pakistan of sheltering terrorist organizations, and Pakistan denied it and accused India of instigating separatist activities in Pakistan (such as Balochistan). The situation is difficult to control.
Latest news: Russian President Putin announced on the 28th that a ceasefire will be implemented from 0:00 on May 8 to 0:00 on May 11.
Market bullish sentiment cools down
📊 Commentary analysis
According to the trend of gold in the Asian and European sessions, the trading signals derived from technical analysis have helped many people achieve short-term victories.
🔷 Technical side: For the current gold, the 1-hour chart card fluctuates widely between 3330-3292, and is currently around $3324.
✔Operational suggestions, short-term trading:
US gold operation strategy:
Short strategy: If gold falls back to the range of 3330-3350, you can enter the market to short, target 3270, stop loss 3355
💥Risk warning
Liquidity risk: The market may be bearish in early May, and price fluctuations may be amplified.
Policy black swan: Trump may suddenly change tariff policies or personnel changes at the Federal Reserve, causing violent market fluctuations.
Technical false breakthrough: There are a large number of stop-loss orders near $3350, and you need to be wary of reversals after inducing more.
Summary:
This week, the gold market will be affected by geopolitics, Federal Reserve policies and the trend of the US dollar, and the fluctuation range is expected to be between $3260 and $3350. Investors need to pay close attention to key support and resistance levels and adjust strategies flexibly.
GOLD - ( Long Term ) 📉 Gold Price Analysis: Bearish Trend in Play! 📉
After analyzing the current market trends, I anticipate a drop in gold prices, potentially reaching 2785 or 2697, depending on the zone where the price will make its return. I'll keep you updated and notify when the bearish momentum begins. The downtrend is expected to last from today until May 25th, 2025.
Stay tuned for updates and don't miss any key changes!
News affecting gold pricesNews:
Russia's nighttime attack damaged port infrastructure in the Odessa region of Ukraine.
Russian troops occupied Zelenpo and Dachne in eastern Ukraine.
In the past day, the Russian army lost about 1,200 soldiers, as well as 17 tanks, 16 armored personnel carriers and 81 artillery systems and other equipment.
Geopolitics is continuing to heat up, and gold prices are expected to continue to rise next week.
Viewpoint
The market is in a volatile range.
It is expected to show an upward trend in the next trading cycle.
Keep an eye on the subsequent sharing of views
527 PIPS GOING STRONG! Where will Gold go Next?FOREXCOM:XAUUSD
527 Pips PROFIT since I last shared my thoughts here.
Referring my previous analysis regarding the failure of price closing above the order block immediately after sweeping liquidity, a strong move on Monday has shown that the previous swing low of the 4h uptrend will most likely be broken, signaling a potential short-term downtrend.
Where will price go next?
Looking down on the immediate left on the 4H timeframe, we can see two order blocks that were points of origin of an impulsive move.
Which one will price react to?
As trading is an art of analyzing probabilities, price has the potential to bounce directly on the first order block. However, what's most likely will happen is a Support will form on the first order block. When buyers have started to enter their positions, price will most likely make an impulsive move to the order block immediately below it, sweeping the liquidity, reversing, and ending the move downwards.
Is this confirmed?
No, but I will love to share my thoughts with everyone here as price comes close to the levels mentioned.
Who am I?
My name is Sya, a trader for 8 years now, and I share my knowledge about trading for free as I believe everyone should have access to education.
GOLD Every Rise Has Its Sunset- From 2000 to today, gold has surged by an impressive 1000%, a remarkable performance for the world's leading asset.
- Keep in mind, every ascent is bound to face a descent someday.
- I’ll skip the deep dive into politics and fundamentals, but the picture is clear: with Trump winning the election, peace could make a comeback. Gold typically rises when fears of war spike, but as those fears ease, its value tends to drop.
- As always, the chart tells the story. Take a look at the Fibonacci levels— a prime buying opportunity is likely to emerge in the $1200 to $800 range.
- i will post in comments my older Gold Analysis.
Happy Tr4Ding !
Gold Breakout and Retest StrategyRecent Breakout: Gold has already broken through a strong resistance level and moved significantly higher.
Pullback Scenario: Now, I’m watching for a potential pullback where the price could retest the new support level, which was the previous resistance.
Bounce Opportunity: If the price successfully retests and holds the new support, we could see a bounce, providing a good entry point for a long position.
Confirmation: Wait for signs of bullish momentum or candlestick patterns (e.g., bullish engulfing, hammer) at the support level to confirm the bounce before entering the trade.
Risk Management: A stop-loss can be placed just below the new support to protect against a failed retest or further decline.
8.15 Gold Trend AnalysisThe newly released industrial unemployment claims and retail sales did not meet expectations, which led to a significant negative impact on gold. Gold fell from 2469 to 2450 in an instant. This also happened to apply the short-selling stop-profit signal I sent in the group to be set at 2450.
In the data released in the past two days, gold has been mainly shorted, which also happened to be in line with the predictions of me and my team
In the future, I will also release the latest news every day. I hope everyone will pay more attention to the comments
I wish everyone can make their own profits in the market
If you have order losses and are not familiar with the market, please pay attention to me
💡 GOLD: Analysis May 9Gold fell for the second day in a row, but selling pressure continued to be as weak as the previous day, because yesterday's bar D1 had a narrow range, even narrower than the previous falling bar D1. Structurally, Gold D1 continues to move inside the Inside bar pattern, reflecting a state of cumulative price compression, and remains within the larger Inside bar and large price range. Gold D1's trend is more inclined to increase in price.
After touching the border on the H1 price frame, H1 Gold is adjusting down, however the selling pressure is not strong because the adjustment span is not steep and has large fluctuations. The scenario for buying Gold is still the dominant one today, the best option is to buy when the price breaks out to the top and then retest, otherwise you can "fish for the bottom" with the buying zone being the margin below the price frame.
💡H1 trend: Gold moves sideways.
💡Today's trading idea: Buy Gold.
💡 GOLD: Analysis May 8Gold price adjusted slightly down in the past session, unable to break the previous peak around 2330. The situation has not yet had any notable changes, we can still keep the current comments, temporarily divided into two cases. Case:
First, if the price breaks below 2280, the price may follow the previously formed two-peak reversal pattern, towards the 2200 mark, at which point you can consider opening additional short positions;
Second, if the price breaks above 2330, the price is likely to continue to correct upward, existing short positions need to be closed, then attention should be paid to the 2360 level, buyers may return to the market if resistance is reached. This is broken.
💡 GOLD: Analysis May 7After being rejected at the 2280 support zone, the price recovered quite strongly in the past session, breaking the triangle pattern and testing the 2320 resistance level. However, this move has not significantly changed the situation. form where the higher peak has not yet been established. Still keeping the old comment, we temporarily divide it into two cases:
Firstly, if the price breaks below 2280, the price may follow the previously formed double top reversal pattern, towards the 2200 mark, at which point you can consider adding short positions outside of existing sell order;
Second, if the price breaks above the triangle pattern, which confirms the possibility of returning to the uptrend, we need to close existing short positions, paying attention to the 2360 level, buyers can return to the market. market if this resistance level is broken.
💡 GOLD: Narrow the marginThe price retested the 2280 resistance level again in the last session but could not break this resistance level. The price is currently being compressed at the end of the triangle pattern. Please pay close attention to the next price behavior. . We temporarily divide into two cases:
Firstly, if the price breaks below 2280, the price may follow the previously formed double top reversal pattern, towards the 2200 mark, at which point you can consider adding short positions outside of existing sell order;
Second, if the price breaks above the triangle pattern, which confirms the possibility of returning to the uptrend, we need to close existing short positions, paying attention to the 2360 level, buyers can return to the market. market if this resistance level is broken.
Gold prices will return to highs again. Buy gold nowLast night, the price of gold broke through a new high again, reaching the 2287 line. As expected last night. Then it continued to fluctuate until the European market opened because prices were on the higher side. Gold made a technical repair after the start of the European session. The price of gold plummeted by about $20 from 2287. The current price is 2268.
News: Risk aversion caused by the war in Gaza continues to ferment. Short-term bulls are still strong. gold. Dollar. as a hedging product. They all continue to attack.
Trend: Overall, buying at low prices is still the main trend. It is not difficult to see from the above picture that the short-term repair is only for a day. The general cyclical trend is still upward. From an hourly perspective, the current support position for technical repair is located at the 2259-2264 line. Combined with MA technical indicators, there is a certain pressure for long-short conversion at 2270. Once the 2270 position is established, it will inevitably rebound within the day.
During the day, buying is still the main focus. Today we focus on the impact of the announcement of ADP news. On Friday, we need to focus on the release of (U.S. non-farm payrolls after seasonally adjusted March).
trade:
Gold price is at 2263-2268 to buy
tp2283-2287
SL2254
Pay attention to controlling risks and positions during operation. Stay concerned.
Sell gold and wait for a sharp decline.
The price of gold is too high for the market price. A pullback is needed to get the market moving higher again. And I was the one who sold gold at high levels.
2158-2163 sell gold
tp2243-2248
sl2270
I will continue to update if there are opportunities to continue buying in the future. Stay concerned.
Gold will continue to riseGold market analysis
Two trading days gold 2038 directly rose to 2119, this is not a normal regular market, such a unilateral rise in the no top signal before we do not guess what the top in the top, 2119 cycle is not the top, but the short term early step back on the 1 hour chart has shown that it is a small top of the horizon, today's big trend bullish, Short term to see high repair, there has been no rising market, increased the need for a repair adjustment, note that only technical adjustment, the big cycle of bulls will not change at least this week, more is the main course, we expect this wave of bulls trend will adhere to the non-farm employment data to see if it can change.
Today, we are concerned about the suppression of 2119 back, back to the limit is 2088, but the current strength is difficult to go to this position, small support in 2100, this position is the integer threshold, will also be the main battlefield of the late long and short game, today's position of the long counterattack is 2100 and 2088
You can contact me for specific gold trading signals
Gold will still rise today! 2050Yesterday we tip 1981 Buy near! 2003 Profit The exit captured a profit of $22
Although missed part of the profit! But who is sure to capture all the profits?
As long as the market exists, our profits can be continuous!
Yesterday, gold was affected by the Federal Reserve's interest rate cut expectations next year, the daily sun pulled up, and the short-term trend entered adjustment.
Today, gold has been at a high level sideways, and there is no impetus to adjust, and the probability of breaking through the 2041 pressure level is greater
Then it is recommended to do long near 2032 in the evening, stop loss 2024, and target 2050!