Gold price breaks through 3400. Bulls take control?Gold price breaks through the 3400 resistance level I predicted. And there is a trend of continuous rise.
Next, Quaid will comprehensively analyze the current market situation for all traders.
Technical analysis:
From the daily chart, the gold price has broken through the important resistance level and formed a strong upward trend. Currently trading above $3400, it has successfully broken through the key resistance range of $3385-3400. The Bollinger Band indicator shows that the middle track is at 3231.01, the upper track is at 3485.06, and the lower track is at 2976.97, indicating that the current price is near the upper track of the Bollinger Band, showing strong upward momentum.
The RSI indicator shows that the current value is 64.8, which is in the neutral to strong area, and has not yet reached the overbought level, and there is still room for growth.
Quaid believes that in the short term, if gold stabilizes above $3,400, it may hit $3,430-3,450. Once it breaks through, it will open up the possibility of a higher price.
Market sentiment observation:
The current market sentiment is clearly biased towards risk aversion, and global geopolitical tensions have become the main driving force for gold to rise. The continued tension of geopolitical conflicts and political uncertainty in Germany have prompted market participants to seek safe assets. At the same time, expectations for the Fed's future monetary policy shift are also increasing. Although the possibility of a rate cut in May is extremely low, the probability of a rate cut in the June meeting is close to 30%.
Liquidity indicators show that the trading activity in the gold market has increased and institutional funds continue to flow in, indicating that bullish sentiment in the market has the upper hand in the short term. Technical indicators have not shown obvious overbought signals, which means that the current rally still has room to continue. Compared with other asset classes, gold's relative strength is outstanding, especially in the context of the possible challenges to the status of the US dollar as a safe haven asset.
Outlook for the future
In the short term: Gold prices may continue to rise to test the $3,400-3,500 area. The Fed's decision will be a key trigger for gold prices in the near term. If the Fed shows a dovish attitude, gold prices are expected to further break through historical highs.
Medium term: Global geopolitical uncertainty is expected to continue to support gold prices. If geopolitical conflicts escalate further or the situation in the Middle East deteriorates, safe-haven demand may push gold prices to hit the $3,600 level. At the same time, market expectations of a shift in the Fed's monetary policy will be another key factor affecting gold prices.
Long term: From a macro perspective, the current combination of slowing global economic growth and geopolitical tensions will continue to provide support for gold.
Goldprediction
Short-term entry can be made at key points.📊Technical aspects:
|Gold showed a clear upward trend today driven by risk aversion, mainly because Trump announced a 100% tariff on films produced overseas, a move that triggered global concerns about trade wars and exacerbated economic uncertainty. In order to avoid risks, investors have turned to traditional safe-haven assets such as gold, resulting in a surge in demand for gold and a subsequent rise in prices. Currently, from the perspective of technical indicators, the 4-hour moving average is in a bullish arrangement, the Bollinger band is in an enlarged form, and the gold price is running close to the upper Bollinger band. Gold is still bullish, but the RSI shows overbought. Don't chase highs and beware of gold's highs and falls. It is recommended to go long again after a pullback.
🎯Practical strategy:
Go long when gold falls back to around 3385-75, with a target of around 3400. If it does not break, you can go short near 3400 and see a fall back near 3384.
Gold Completes Wave 4 - Pullback – Time for the Next PushGold ( OANDA:XAUUSD ) touched $3,223 as I expected in the previous idea (Full Target) .
Gold has managed to break the Resistance zone($3,308-$3,293) and is trying to break the Resistance lines and complete the pullback .
In terms of Elliott wave theory , it seems that Gold is completing microwave 4 , which could act as a pullback to the broken Resistance zone($3,308-$3,293) . After the completion of microwave 4 , we should expect Gold to attack the Resistance lines to complete microwave 5 .
I expect Gold to rise to at least $3,232 , and if the Resistance zone($3,387-$3,357) breaks, we can expect further gains .
Note: If Gold touches $2,272 (the worst Stop Loss(SL)), we can expect further declines.
Gold Analyze ( XAUUSD ), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Gold's upward momentum continues. Will gold continue to see an uFundamental analysis:
Tomorrow will see the decision of the Federal Open Market Committee, which may pose a risk to bulls as the Fed is likely to refute the market's aggressive dovish pricing expectations. From a more macro perspective, as the Fed implements loose policies, real yields may continue to fall and gold is still in an upward trend. But in the short term, more positive news on tariffs and a hawkish stance by the Fed may trigger a further decline in gold prices as the market readjusts to the new situation.
Technical analysis:
Gold prices broke through the shock range strongly in the early Asian session, jumping from $3,330 to $3,386, and then slowly fell to $3,350; it climbed again to $3,385 during the European session. The European session did not break through the early high, but there was no excessive retracement, and the European session as a whole maintained high shocks. Looking at the 4-hour chart, the current upward resistance is 3,395, and the support level is 3,350 below. If the upward movement today can strongly break through the resistance level of 3395, the price of gold may reach the high point of 3400-3430.
If the price of gold fails to break through the resistance level of 3395 and continues to fluctuate at a high level, it will prepare for a continuous rise and break through the high.
Operation strategy:
Long strategy: enter the market and do more, and the upward range looks at the high point of 3400-3430.
Short strategy: short at 3410, and the downward position looks at the support range of 3370-3350.
3420, gold prices can reach today
📌 Gold driving factors
Driven by the weakening of the US dollar and safe-haven demand, spot gold closed up $93.77 on Monday, up 2.9%, at $3333.32 per ounce.
On Monday local time, US President Trump signed an order on biomedical research, hoping to take the opportunity to promote the US pharmaceutical manufacturing industry. Trump also announced that tariffs on pharmaceutical products will be announced in the next two weeks.
Kitco Metals senior metals analyst Jim Wyckoff said: "We see continued inflows of safe-haven demand, keeping gold prices high. Gold prices will remain above $3,000 per ounce, at least in the short term."
Gold is often seen as a safe-haven tool in uncertainty and performs well in a low-interest rate environment. Gold prices have soared 26.3% this year and have set new historical highs many times.
📊Comment Analysis
Bulls regained their dominance, and the upward trend approached above 3400 before the market expected a rate cut
💰Strategy Set
🔥Sell Gold Area: 3418-3420 SL 3425
TP1: $3410
TP2: $3400
TP3: $3385
🔥Buy Gold Area: $3323 - $3321 SL $3316
TP1: $3330
TP2: $3340
TP3: $3358
⭐️ 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 could reach 3420 today
📌 Gold Drivers
Gold prices (XAU/USD) retreated slightly from intraday highs near two-week highs hit during the Asian session on Tuesday, but still held steady near $3,360, extending gains for a second day in a row. Improved U.S. economic data helped ease market concerns about a recession, providing mild support for the dollar. At the same time, signs that Sino-U.S. trade tensions may ease curbed gold's safe-haven demand, prompting some investors to take a wait-and-see approach ahead of the much-anticipated two-day Federal Open Market Committee (FOMC) policy meeting.
The Trump administration's imposition of tariffs of up to 25% or even 100% on semiconductors will further disrupt the global semiconductor supply chain, forcing many semiconductor manufacturers to look for alternative sources of supply or manufacture in the United States.
📊Comment Analysis
Bulls regained their dominance, and the upward trend approached 3400 before the market expected a rate cut
💰Strategy Set
🔥Sell Gold Area: 3418-3420 SL 3425
TP1: $3410
TP2: $3400
TP3: $3385
🔥Buy Gold Area: $3323 - $3321 SL $3316
TP1: $3330
TP2: $3340
TP3: $3358
⭐️ 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 Price Analysis: Key Insights for Next Week Trading DecisionGold ended last week under pressure as investors booked profits following improved risk appetite, driven by easing trade tensions and a strong U.S. labor market report.
📰 NFP came in at +177K in April, with the unemployment rate steady at 4.2%, matching forecasts—possibly keeping the Fed cautious on policy easing.
Technically, Gold remains bullish but is now testing the $3,200 support zone, and sellers are gaining momentum.
As we head into next week, gold price action is at a critical decision point, and whether buyers or sellers will take control is unclear.
In this video, I break down the key technical zones, share my trading plan, and discuss potential opportunities to help navigate the uncertainty ahead.
Disclaimer:
This is my take based on experience and what I see on the charts. It’s not financial advice—always do your research and consult a licensed advisor before trading.
#GoldAnalysis #XAUUSD #GoldPrice #ForexTrading #TechnicalAnalysis #FundamentalAnalysis #GoldOutlook #FedRateDecision #NFP #GoldBreakdown #GoldBulls #GoldBears #USJobsReport #ForexMentor
XAUUSD Price Action: Bullish Break + Liquidity Sweep Trade Idea🪙✨ Gold (XAUUSD) Technical Outlook ✨📈
I’m currently analyzing XAUUSD on both the daily and 4H timeframes, and here’s what I’m seeing:
🚀 Price has broken bullish structure and is now looking overextended, pushing into a buy-side liquidity zone—clearly visible to the left of current price action. 💰📊
It’s clearing buy stops, which could trigger a retracement soon. 🧲🔁
🎯 I’m watching closely for a pullback into the 50%–61.8% Fibonacci retracement zone on the current price swing—that’s my key point of interest for a potential long setup, provided we see a healthy pullback followed by another bullish break of structure. 🔍🔐
🧠 Not financial advice—just my personal analysis. Always manage risk. ⚠️📉
XAU/USD 06 May 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 23 April 2025
Price has now printed a bearish CHoCH according to my analysis yesterday.
Price is now trading within an established internal range.
Intraday Expectation:
Price to trade down to either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high priced at 3,500.200.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Price did not print according to previous analysis by failing to target weak internal low.
Price has now printed a bullish iBOS. This is potentially due to the fact that H4 TF was in a bearish pullback phase and reacted at discount of 50% internal EQ which could mean that H4 TF bearish pullback phase is now over and targeting the weak internal high, which is mentioned in H4 analysis.
Price has also printed a bearish CHoCH which indicates, but not confirms bearish pullback phase initiation.
Price is now trading within an established internal range, however, I will continue to monitor depth of pullback.
Intraday Expectation:
Price to trade down to either discount of internal 50% EQ, or M15 supply zones before targeting weak internal high priced at
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
Trump's tariff announcement will most likely cause considerably increased volatility and whipsaws.
M15 Chart:
A larger corrective pattern is formingIn the previous analysis, a specific range was determined for the price to reverse, after reaching that price range, the price jumped upwards and the price grew by 1700 pips. However, considering that the structure of wave-c is not an impulse, the zigzag was not confirmed and it seems that a larger corrective pattern is forming.
It seems that the reverse contracting triangle pattern is forming, which is currently in wave-d of the triangle. With the completion of wave-d, we can better find the end point of wave-e.
Gold 3386 is under pressure, don't worry
Gold rose rapidly today. At present, the price of gold has reached the 3386 line. There will be pressure to fill the gap and choose to bear the pressure.
Now that gold is adjusting and falling at 3386, don't rush to gamble and enter the market. Wait for time + point + harmonious position. The market will find support in an effective time. Now the effective support point of gold is about 3346/36. The price fluctuates violently. It is recommended to take a stop loss in time after entering the market to avoid a sudden accident in the market and cause unnecessary losses. Today's rising cycle can be seen in the 3400/3420 range. On the downside today, if the market changes and recovers the opening price, just wait and see. This kind of market is unlikely to occur, but if it occurs, you have to wait and see and don't be stubborn in your thoughts.
Market contradictions and potential risks:
Fed policy expectations: The market's probability of a rate cut in June has dropped to 37%. If the Fed releases hawkish signals this week, it may suppress gold prices.
ETF holdings diverge: Despite the rise in gold prices, the world's largest gold ETF (SPDR) holdings decreased by 4.87 tons, reflecting that some institutions sold off their holdings at high prices.
Geopolitical variables:
Middle East conflict escalates: If the friction between Iran and Israel intensifies, gold may hit $3,450; on the contrary, if the situation eases, the gold price may fall back to $3,300
XAU/EUR "The Gold" Metal Market Heist Plan (Day Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Robbers, 🤑💰✈️
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the XAU/EUR "The Gold" Metal Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk YELLOW MA Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉
Entry 📈 : "The vault is wide open! Swipe the Bearish loot at any price - the heist is on!
however I advise to Place sell limit orders within a 15 or 30 minute timeframe most nearest or swing, low or high level for Pullback Entries.
Stop Loss 🛑:
📌Thief SL placed at the nearest/swing High or Low level Using the 1H timeframe (2950) Day/Swing trade basis.
📌SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯: 2810 (or) Escape Before the Target
💰💵💸XAU/EUR "The Gold" Metal Market Heist Plan (Scalping/Day Trade) is currently experiencing a Bearish trend.., driven by several key factors.👇👇👇
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩
Gold is rising strongly. What is the reason?Analysis of today's market in Asian session:
Last week, the price of gold rebounded to above 3240, the lows were constantly rising, and the highs were broken; such a rebound is tempting traders to short.
In the morning of Asian session, the price of gold rose rapidly from 3320 to 3385 US dollars. In just two days, the price of gold recovered the decline during the Asian holiday. In the current market situation, it is not far away to rush back to the high point. The key to the price increase in the morning of Asian session may also support the European session and the US session. You can use a long strategy during this period.
However, you must pay attention to the continuity of the gold price. If there is an attack in the market transaction, there must be a defense; the downward or upward resistance level must be clear after the breakthrough position, how to operate to maximize the benefits and minimize the losses.
Quaid believes that if gold pulls back, its support point needs to focus on the 3340-3350 range, and the defense position is 3320; the position of the Asian morning rise should be paid attention to. If it falls below this position, you need to adjust the strategy in time.
Quaid believes that the upward trend is currently focused on $3380-3400.
Gold Price Analysis May 5The D candle cluster appears with the sellers still dominating. 3270 is still playing a key role in reversing the trend.
The h1 structure is creating a false break in the 70 zone and wants to continue falling in the corrective downtrend. Pay attention to the 3263 break zone in the European session, when breaking this zone, Gold will form an uptrend and the possibility of breaking the 3270 zone is very high. 3285 will be the next reaction zone when breaking 3270, then the Down wave of Gold will be broken. Gold can reach 3303 when there are retests to the support zones.
In the opposite direction, Gold does not break 3262 and continues to fall, it will be favorable for the downtrend and the possibility of forming a double top pattern and falling sharply is also quite high. The Trendline zone 3243 is considered an important support zone in the near future for the Gold price decline. Next, pay attention to the reaction zone of the daily support around 3225.
GOLD(XAUUSD) -Weekly Forecast,Technical Analysis & Trading IdeasMidterm forecast:
2772.38 is a major support, while this level is not broken, the Midterm wave will be uptrend.
TVC:GOLD OANDA:XAUUSD
Technical analysis:
A trough is formed in daily chart at 2956.50 on 04/07/2025, so more gains to resistance(s) 3357.00, 3500.00 and more heights is expected.
Take Profits:
2833.00
2879.11
2955.00
3057.40
3160.00
3257.03
3357.00
3500.00
__________________________________________________________________
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Now, it's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Have a successful week,
ForecastCity Support Team
(XAU/USD) Bullish Trade Setup – Targeting $3,506.52 with Entry aEntry Point: $3,221.19
Stop Loss: $3,169.80
Resistance Zone: Around $3,277.98 to $3,280.64
Target (TP) Point: $3,506.52 (Approx. 9.05% upside)
📊 Technical Indicators and Markings:
Moving Averages:
Likely a 50-period (blue) and 200-period (red) moving average.
Price is currently below both MAs, signaling a short-term downtrend.
Support & Resistance Zones:
Strong support around $3,207.67–$3,221.19 (entry area).
Resistance at $3,244.25–$3,280.64.
Stop-loss is strategically placed below support to limit downside risk.
Target Area:
Projected upside target is $3,506.52, with a potential 9.05% gain from the entry.
This is marked as the EA (Expert Advisor) Target Point, possibly suggesting this is a strategy from an automated trading system.
Orange Circles:
Likely indicate swing highs and lows, used to identify trend patterns and potential reversal points.
📈 Trading Idea Summary:
Bullish Setup: Buying at support, aiming for breakout above resistance to reach target.
Risk-Reward Ratio: Favorable, assuming price holds above $3,207.
Watch for Confirmation: Price needs to break above resistance around $3,280 for momentum continuation.
It’s the right time to short📌Fundamentals:
This week, the Federal Reserve will hold a rate decision, which is expected to dominate the market this week. In addition, we need to continue to pay attention to news related to the international trade situation.
📊Technical aspects:
The 1-hour moving average begins to turn, so the unilateral decline of gold has temporarily come to an end. However, the rise of gold has reached the key resistance area in the early stage, which is the starting point of the early stage of 3330. It is obviously not appropriate to chase more at this position, so the short-term may begin to adjust, and gold will go short at 3325 first. The market is changing rapidly. If gold breaks upward without stepping back, there will be no opportunity to go long. Then there is no need to chase more gold. Go short first and look at the decline and adjustment. On the whole, the short-term operation strategy of gold today is to go short on rebounds and go long on pullbacks. The short-term focus on the upper resistance of 3328-3330, and the support on the lower side is 3280-3293.
🎯Practical strategy:
Short gold when it rebounds to around 3325-3328, target around 3300-3280.
Buy gold when it falls back to 3280-3295, target around 3325-30.
Although the bulls are strong, don't chase them at high levels📌Fundamentals:
The market is still focused on Trump's tariffs, followed by geopolitical situations, such as the India-Pakistan conflict, the Israeli-Palestinian ceasefire, and the Russia-Ukraine negotiations.
📊Technical aspects:
From the 4-hour analysis, the upper pressure is around 3336-3345, and the lower support is around 3280-3293. Continue to rely on this range to maintain the main tone of high-altitude low-multiple cycles. In the middle position, watch more and move less, be cautious in chasing orders, and wait patiently for key points to enter the market.
🎯Practical strategy:
1. Short gold rebounds at 3336-45, with a target of 3280-3295.
2. Go long gold at 3280-3295, with a target of 3325-30.
XAU/USD "The Gold" Metals Market Heist Plan (Swing/Day Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Robbers, 🤑 💰💸✈️
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the XAU/USD "The Gold" Metals Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is to escape near the high-risk ATR Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉
Entry 📈 : "The heist is on! Wait for the NEUTRAL LEVEL breakout (3400) then make your move - Bullish profits await!"
however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level for Pullback entries.
📌I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs.
Stop Loss 🛑: "🔊 Yo, listen up! 🗣️ If you're lookin' to get in on a buy stop order, don't even think about settin' that stop loss till after the breakout 🚀. You feel me? Now, if you're smart, you'll place that stop loss where I told you to 📍, but if you're a rebel, you can put it wherever you like 🤪 - just don't say I didn't warn you ⚠️. You're playin' with fire 🔥, and it's your risk, not mine 👊."
📍 Thief SL placed at the recent/swing low level Using the 4H timeframe (3200) Day trade basis.
📍 SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
🏴☠️Target 🎯: 3680 (or) Escape Before the Target
🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
💰💵💴💸XAU/USD "The Gold" Metals Market Heist Plan (Day / Swing Trade) is currently experiencing a Neutral trend (there is a chance to move bullishness🐂).., driven by several key factors.👆👆👆
📰🗞️Get & Read the Fundamental, Macro economics, COT Report, Geopolitical and News Analysis, Sentimental Outlook, Intermarket Analysis, Index-Specific Analysis, Positioning and future trend targets with Overall Score...... go ahead to check👉👉👉🔗🔗🌎🌏🗺
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩