WHAT DO YOU THINK ?Hello dears
Given the regular sinusoidal trend that gold is taking, it was expected to move to the specified numbers, but don't forget that we are at a price ceiling and a sharp upward movement at the end of the upward trend can be a trap...
In case of a drop, the specified ranges are good support.
*Trade safely with us*
Goldprice
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.
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 - All eyes on Wednesday 08 May - FED🟡 Gold Traders: Nothing Matters Until Wednesday! ⏳💤
Hey traders! 👋
This week, all eyes are on Wednesday... and everything before that? Mostly noise.
Let me break it down for you. 👇
📊 Technical Outlook
Gold is chilling above a key resistance level right now.
Trendlines suggest we won’t see any major moves before Wednesday unless big news drops. 📰
🕐 Asian session is kicking things off above resistance.
If bulls show up there, we could break Trendline 1 (Image below) and head towards the $3300 🎯 target.
📉 RSI across multiple timeframes? Pretty neutral.
If Asia trades flat or slightly bearish, gold might range between $3210–$3250.
Break below $3201, and things could get shaky... but the European session might push us back above that support.
U.S. session on Monday? Likely a sideways snoozefest 😴 (unless surprise news hits).
🎯 Trade Setup (Mon–Wed)
I’m looking to play the range between:
$3261 (Trendline 2) 🔼 and $3169 (Trendline 4) 🔽
That’s a comfy $90 window I’m aiming to trade before Wednesday's fireworks. 🚀
🔮 After Wednesday – The FED Factor 💣
Here’s the real catalyst:
Wednesday, May 7 at 2:00 PM EST – FOMC Rate Decision
If the FED cuts rates (not likely, but possible under pressure), gold could tank hard. 💥
I’m talking a potential drop to $3150 or lower 🕳️📉
That’d be a -$90+ move easy.
FED has been holding the line 💪, resisting pressure (especially from Trump back in the day), but if the economy flashes red, that rate cut might come sooner than expected.
🧠 Final Thoughts
FED paused hikes, but left the door open for 3 rate cuts this year.
Until we get more clarity, no strong bullish signals on gold.
My bias stays: Bearish unless proven otherwise. 🐻💬
Stay sharp out there, and watch those sessions. Wednesday’s the real deal! 💼📉
And last but not least, look at this and let us know what you think about please:
Some would say its impossible but as we know, gold can do everything!
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This is just my personal market idea and not financial advice! 📢 Trading gold and other financial instruments carries risks – only invest what you can afford to lose. Always do your own analysis, use solid risk management, and trade responsibly.
Good luck and safe trading! 🚀📊
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.
Long positions in the US market remain the main trend🗞News side:
1. The “demand shock” of the Trump administration’s tariffs on the global economy
2. The United States rejected Japan’s request for a comprehensive exemption from 10% reciprocal tariffs and country-specific tariffs in recent negotiations.
3. The conflict between Israel and the Houthis
📈Technical aspects:
The 4H golden moving average spreads upward, the MACD golden cross opens upward, and the 4H overall bullish trend is seen. Gold price encountered resistance at 3386 in the morning of the Asian session. This point can be used as a reference in suppressing the market outlook. If this resistance is effectively broken through, bulls are expected to continue to work towards the 3400 first-line mark above. The daily chart is positive, and the K-line combination is relatively strong. The US market is expected to break through 3386 and reach the space above 3400; the SMA10 moving average of 3370 continues to be bullish as the primary support, with strong resistance to 3400. Even if the price of gold in the US market rises and falls, the middle track of the Bollinger Bands still has good support. On the whole, we mainly focus on long positions in short-term trading. We can consider the 3370-3380 layout to go long, with the target looking towards 3400-3410 above.
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 FOREXCOM:XAUUSD FXOPEN:XAUUSD FX:XAUUSD OANDA:XAUUSD
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 Updates before NY - XAUUSD Tuesday May 6, 2025GOLDMINDSFX | XAUUSD 1H Updated Probable set-ups
Current Price: 3379 | 6 May 2025
Gold plays games. We play levels.
HIGH-PROBABILITY SELL REACTION ZONES (listed lowest to highest)
🔴 3382–3387 ⚠️
Trigger: 5M CHoCH + M-pattern
Note: This is a liquidity tap zone where price may react sharply. Quick reaction expected — not a trend changer.
Confidence: ⚠️ Short-term scalp opportunity with structure rejection
🔴 3404–3410
Trigger: LTF rejection + BOS
Note: Classic reversal zone after sweeping major liquidity. If we reject here, this may offer the best structured sell of the day.
Confidence: Strong structure-based sell zone
🔴 3425–3432 ❄️
Trigger: 1M CHoCH or sweep + engulfing
Note: Final institutional sweep zone above the visible range. If price pushes here without rejection, we wait. If it rejects, this is the sniper zone.
Confidence: ❄️ High-risk, high-reward level — confirmation mandatory
HIGH-PROBABILITY BUY REACTION ZONES (listed lowest to highest)
🟢 3303–3310
Trigger: 5M CHoCH + rejection wick
Note: Clean origin of bullish structure with unmitigated demand. If price returns, this may offer a strong long with confluence.
Confidence: Solid demand zone aligned with structure
🟢 3333–3340 ⚠️
Trigger: 1M CHoCH + wick rejection
Note: Riskier buy zone near premium — only valid with strong confirmation. Can become liquidity before deeper drop.
Confidence: ⚠️ Caution advised — use only with clear LTF reversal signs
FINAL STRATEGY
Sell interest builds heavily between 3382–3432 — structured reactions expected at key levels
Buy interest valid only below 3340 — anything higher is impulsive
No confirmation = no entry — we trade structure, not feelings
📌 Important Notice!!!
The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your plan and wait for confirmation before taking action.
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
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:
XAU/EUR "The Gold" Metal Market Heist Plan (Day Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
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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.👇👇👇
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As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
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Gold returns to the bull market as expected, follow-up layout🗞News side:
1. The “demand shock” of the Trump administration’s tariffs on the global economy
2. The United States rejected Japan’s request for a comprehensive exemption from 10% reciprocal tariffs and country-specific tariffs in recent negotiations.
3. The conflict between Israel and the Houthis
📈Technical aspects:
From a technical point of view, the 4H gold bulls are once again making an impact. At the top, we focus on the short-term suppression of the 3380-3390 line, focusing on the suppression of the 3400 line. Below, we focus on the short-term support of the 3350 line, and the important first-line support of 3335-3340. In terms of operation, we mainly go long by stepping back on 3350-3360, and the target is temporarily looking at 3380-3390. In the middle position, we should watch more and move less, pursue orders cautiously, and wait patiently for key points to enter the market.
If you agree with this point of view, or you have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
OANDA:XAUUSD FX:XAUUSD FXOPEN:XAUUSD FOREXCOM:XAUUSD TVC:GOLD
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 breaks through 3350. Can the bullish pattern continue?In the early Asian session, gold rose rapidly and broke through the 3350 resistance level predicted by Quaid.
Fundamental analysis:
US political developments also add uncertainty to the market. The Trump administration's decision to impose a 100% tariff on imported films shocked the market, and this unpredictable trade policy weakened market confidence. Although the dollar was supported by strong employment data, it still struggled to gain substantial upward momentum, which further supported gold prices.
Economic uncertainty also boosted gold prices. The market generally expects the Federal Reserve to start a rate cut cycle in the near future, which weakens the attractiveness of interest-bearing assets and increases the relative value of non-yielding gold. However, many traders remain cautious and avoid building large positions, waiting for clearer policy signals.
Technical analysis interpretation:
From the monthly chart analysis, gold breaking through the neckline becomes a key trigger point. The pattern measures the depth from the neckline to the bottom of the head and projects it upward, giving a target price range of $3200-3300, which has now been achieved.
In addition, the pattern is not only technically strong, but also psychologically significant. A breakout after a long period of consolidation often attracts new long-term market participants and speculators.
Market Observation:
Current market sentiment is cautiously optimistic. On the one hand, macro uncertainty and risk aversion demand drive funds to the gold market; on the other hand, concerns about the timing and magnitude of the Fed's policy adjustments restrict the willingness of some bulls to take risks.
Quaid Analysis:
Bull Outlook
After the gold price breaks through the 3350 resistance level I predicted, the next target range may point to 3380-3400.
Short Outlook
In the short term, gold may face technical pullback pressure. The main support levels are at 3330 and 3300. If it falls below 3300, it may trigger a deeper pullback to around 3240.
Quaid believes that the market's expectations for the Fed's shift may be too optimistic. If future data show that inflationary pressure remains stubborn or economic resilience exceeds expectations, it may lead to a delay in expectations for rate cuts, thereby putting pressure on gold prices.
Gold Market Update - XAUUSD May 5th after PMI news🧠💣 “This Chart Might Offend Your Favorite Indicator – We Trade Pure Structure Only.” 💥⚡
⏳ Market Context:
Gold exploded from 3210 to 3328 after PMI release, trapping late sellers and punishing anyone short below 3260. After a sharp rejection at the 3327–3333 premium zone, price dropped fast to 3306 before recovering — confirming both a valid sell reaction and strong demand.
Now price is climbing again, sweeping equal highs and pressing into a weak high zone. But guess what? No valid H1–H4 supply break yet = no strong bearish confirmation. Smart Money is lurking — we’re watching the next trap unfold.
🧠 Structural Key Zones (What Price Is "Eyeing"):
Above:
• 🔥 3360 = weak high reaction level
• 🔥 3380–3395 = unmitigated FVG zone and final high supply pre-sell-off
Below:
• 🧊 3305–3310 = recent liquidity grab zone
• 🧊 3272–3284 = daily FVG + EMA confluence
• 🧊 3220–3235 = HTF unmitigated bullish OB + H4/D1 EMA200 = possible swing reentry
🔥 “Gold’s Not Done — The Liquidity War Isn’t Over Yet”
Smart traders aren’t guessing. They’re stalking zones. Let’s lock in the plan.
🧭 Bias & Flow
Macro: No more high-impact USD news today. Market digesting ISM PMI.
HTF (H4–D1): Bullish continuation unless 3272 breaks
LTF (M15–H1): Bullish pressure — currently front-running premium sell zones
👁🗨 Real-Time Price Context
📍 Price now at 3332
🔸 Approaching Sell Zone #1: 3360–3368
➡ Wait for reaction or internal CHoCH to validate
➡ No aggressive short here unless 3344 starts rejecting hard
📌 Key Level Zones
Type Price Zone Confluence
🔺 Resistance 3360–3368 Weak High + OB + FVG + Liquidity
🔺 Resistance 3380–3395 Final premium trap zone (HTF sell block)
🟩 Support 3272–3284 H1 Demand + FVG + EMA stack
🟩 Support 3220–3235 HTF OB + EMA200 D1 + Deep liquidity
🎯 Sniper Entry Plan
🔻 Sell Zone #1: 3360–3368
• SL: 3376
• TP1: 3344
• TP2: 3310
• TP3: 3285
Price is close — wait for confirmation wick / M15 structure shift
🔻 Sell Zone #2: 3380–3395
• SL: 3405
• TP1: 3360
• TP2: 3325
• TP3: 3275
High-risk sell if bulls overextend; final stop before reversal
🟢 Buy Zone #1:3300–3306 → Previous reaction zone
‣ SL: 3290
‣ TP1: 3320
‣ TP2: 3340
‣ TP3: 3360
Clean demand left unmitigated, supported by fair value gap on M15.
🟢 Buy Zone #2: 3272–3284
• SL: 3262
• TP1: 3305
• TP2: 3333
• TP3: 3360
Still valid if we see clean sweep and reentry from FVG
🟢 Buy Zone #2: 3220–3235
• SL: 3200
• TP1: 3260
• TP2: 3300
• TP3: 3340
Only if market nukes deep — last solid demand floor
🔍 Eyes On Zones
🔹 3344: micro resistance = potential front-run fade
🔸 3360: must-watch — premium trap candidate
⚠ Below 3272 = bearish sweep risk into 3220
💬 Final Word — GoldMindsFX Style
Don’t be fooled by the speed. Gold’s strength is real — but so is its manipulation. Snipers don’t chase, they prepare. Stay cold, stay calculated.
🔥 Drop a ⚔ if you’re stalking 3360 with surgical intent.
🙏 Like this breakdown? Boost and follow us for sniper setups all week.
📌 Important Notice!!!
The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your plan and wait for confirmation before taking action.
(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.
Israel-Houthi conflict could put gold back on the bull run🗞News side:
1. The Israeli president said that they are on the eve of a "large-scale attack on the Gaza Strip"
2. The Houthi armed forces stated that all Israeli airports are their targets
3. The situation of the Russian-Ukrainian war and the follow-up events of the India-Pakistan conflict
📈Technical aspects:
From a technical point of view, the current 1H moving average of gold is spreading upward, resulting in a small retracement. The short orders we hold are also closed in time at 3310 to lock in profits. After gold broke through the previous range, the upward channel opened. The 4H MACD diverged from the bottom, the golden cross and the green column enlarged, opening upward, and the overall 4H trend was bullish. Moreover, the support effect of the middle rail of the Bollinger Bands is obvious, and the gold price is accumulating strength below the upper rail of the Bollinger Bands, with strong upward momentum. Pay attention to 3310. After the support stabilizes, you can consider participating in long positions near 3310-3320, focusing on the 3290 line below; focus on 3375 above, and then consider participating in short sales near 3355-3365 after the pressure is under.
If you agree with this point of view, or you have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
TVC:GOLD FOREXCOM:XAUUSD FXOPEN:XAUUSD FX:XAUUSD OANDA:XAUUSD
Gold bulls are back in force. What is the operation strategy?The gold price has reached the sideways fluctuation range expected by Quid. This matches my morning prediction.
From the 4-hour trend:
Gold has now broken through the first upward resistance level predicted by Quid, and is currently fluctuating slightly in the 3315-3320 range.
The current upward resistance position is around 3330. The lower support is currently located at 3275-85. If gold does not retreat, then the upward trend may test the position around 3350.
On the contrary, if gold chooses to retreat, traders need to pay attention to the 3275-3285 decline range.
Quid believes that as long as gold retreats and stabilizes in the 3275-3285 range, then a long operation strategy can be carried out at this position.
The current upper high is still at 3350. If the upward resistance level of 3350 is broken later, I expect the price of gold to reach a height of 3380-3420.