Get started

Goldprice

Gold retracement adjustment. Pay attention to the timing.Gold prices continued to fall today, hitting a low of $3,285, and are currently recovering briefly. I think there is room for profit in the long strategy, but the hourly line is only a single positive rise. Overall, the probability of volatility correction is still high. Compared with the short-term resistance position of 3,320, the correction is still within the normal range. From the 4-hour chart, the 60-day MA of $3,320 has a certain suppression position on the upward trend, followed by the 90-day MA of $3,285, which provides strong short-term support. Today's price drop also failed to break through this support position; so this week will continue to fluctuate sharply, and the large fluctuations up and down are to accumulate momentum for the next wave of rise. The basic operation strategy of the bulls has not changed, but just a halftime break. Operation strategy: Buy near $3,295, stop loss at $3,285, and the profit range is $3,320-3,330.
OANDA:XAUUSDLong
by Quaid-1
1
GOLD HUNTER MODE: XAUUSD H1 OUTLOOK + DAILY PLAN (May 26, 2025)Hey GoldFxMinds crew! 🌟 Hope you’re ready for a fresh week with the kind of sniper focus that turns confusion into clarity. Let’s break down Monday’s key levels and structure, so you trade with confidence, not hope. Current price: ~3358 Bias: Neutral-to-Bullish, but caution is king as price sits at the top of a major H1 range. 🟤 PREMIUM ZONES – SELL INTEREST 🔻 3358–3368 H1 premium supply zone (last week’s local high + FVG unfilled) Price hit premium, strong reactions likely 🦅 Eyes on — watch this area for potential sharp rejections or fakeout spikes! 🔻 3380–3395 M15/M30 extension, just above the current HH, in unmitigated OB + FVG High risk for wicks and “bull trap” inducement 🦅 Aggressive sellers: this is your upper defense — don’t get faked! 🟢 DISCOUNT ZONES – BUY INTEREST 🟩 3325–3335 H1 demand/FVG + retest zone, previous breakout base CHoCH confirmed, so first bounce possible here 🦅 Eyes on — look for bullish PA or quick rebounds, but wait for confirmation! 🟩 3295–3312 M15/M30 deep demand, oversold last week, zone of confluence with 50 EMA If price nukes through first demand, this is the next major long trigger 🦅 This is where real buyers step in — be patient, don’t rush! 🟠 INTRADAY MID-ZONE ⚡ 3340–3348 Intraday equilibrium, lots of chop expected Not ideal for entries; instead, use this zone to judge direction after NY open 🦅 Eyes on — let price tell the story, don’t force trades in the middle! 📊 STRUCTURE RECAP (H1 + M15/M30 Confluence) Bullish structure intact above 3325–3330, but buyers need to defend each demand zone or we retrace lower. Premium zones above 3358 are loaded with liquidity and can reverse fast. If price fakes out above 3368–3395 and rejects hard, expect a selloff to next demand. If buyers defend 3325–3335 with a strong CHoCH/BOS, we can see a new impulse leg higher. 👋 Final Note: Watch, Don’t Chase! This is a week for patient, sniper-style entries. Watch the 3358–3368 zone like a hawk — every wick, every fakeout counts! Don’t get trapped in the chop; let price come to your key POIs and wait for confirmation. If you found this plan helpful, smash that like, follow, and drop your questions or thoughts below! Your feedback fuels the next level of analysis. Let’s crush the week, team! 🚀 — GoldFxMinds
OANDA:XAUUSDLong
by GoldFxMinds
8
Spot gold fell below the 3330 mark 📌 Driving events The trend of gold prices this week needs to focus on the following three major risk events: First, the confrontation between Israel and the Houthis intensified this week. On May 25, the Houthis used hypersonic missiles to attack Israel's Ben-Gurion International Airport for the first time, resulting in the interruption of airport operations. Israel subsequently launched a retaliatory air strike. Iran has made it clear that it "will not give in on uranium enrichment activities" and warned that it will take hundreds of alternatives if it is sanctioned Second, although the Trump administration's threat to impose a 50% tariff on the European Union has been postponed to July 9, the market is still concerned about it. If the trade war escalates, it may lead to increased global economic uncertainty, which will in turn boost the safe-haven demand for gold. However, the repetition of tariff policies may also trigger changes in market risk preferences and have a two-way impact on gold prices. Third, record-breaking air strikes in the Russian-Ukrainian conflict Russia launched the largest air strike since the war on Ukraine on May 26, launching 355 drones and 9 cruise missiles, and many parts of Ukraine suffered heavy losses. The attack has heightened market concerns about geopolitical risks, pushing gold prices higher in the short term. However, due to expectations of a prolonged conflict, market demand for safe-haven assets may gradually weaken. Technically, gold has performed strongly at support levels near $3,330. 📊Commentary Analysis This week, gold prices will remain highly volatile under the intertwined influence of multiple risk events. Investors need to remain vigilant and flexibly adjust strategies to respond to market changes. Analyze the market, make plans, and manage risk. 💰Strategy Package In terms of operations, investors are advised to pay close attention to the situation in the Middle East and the progress of Trump's tariff policy. In the short term, short selling can be carried out in the range of $3,330-3,305, with a target of around $3,290-3,280. Profits can be taken in batches, and a light position can be taken long after breaking through $3,310, with a target of $3,360-3,380. Profits can be taken in batches, and medium- and long-term investors can make layouts on dips, taking advantage of geopolitical risks and the trend of a weak dollar, and gradually establish long positions. ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose a lot size that matches your funds - Profit is 4-7% of the capital account - Stop loss is 1-3% of the capital account
OANDA:XAUUSDShort
by Labaron
2
Analysis of gold trend at night and how to arrange it🗞News side: 1. Trump's view on Russia is not optimistic 2. Trump boasted in a post that his threat to impose tariffs on the EU worked 📈Technical aspects: Gold does not seem to have a strong rebound. After touching 3305, the rebound momentum has weakened and it has been hovering between 3300-3290. Judging from the hourly chart, I think it is still in a state of correction. Then we may see another drop in the evening to accumulate momentum. This is why I chose to manually close the position near 3300 while waiting for the rebound just now. In the evening, bros can pay attention to the support line of 3280-3270 below to look for entry trading opportunities. 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:XAUUSDLong
by AllenBoswell
Economic data released. Start of a new trend?The international gold market suffered a sharp sell-off, and the spot gold price once fell below the key psychological mark of $3,300/ounce, reaching a low of $3,392.59, as the US dollar index rebounded from a low of more than a month and concerns about the international trade situation cooled down. The gold price is currently in a short-term recovery phase, and the downside risk is temporarily lifted. In the long run, the expansion of the US fiscal deficit may support the gold price; but in the short term, according to the latest data released by the United States, it is conducive to the long operation of gold, and the gold price will rise briefly. Gold is strong in the short term, but traders need to take profits in time to avoid unexpected events that cause trend changes. Overall, the short-term trend of gold prices is still subject to the US dollar, interest rate expectations and economic data, and the competition for the $3,300 mark will become the key. The US economic data is within the expected range, and gold has a short upward trend. Operation strategy: Buy near $3290, stop loss at $3280, profit range at $3320-3330.
OANDA:XAUUSDLong
by Quaid-1
1
Am I the only one who still insists that gold will fall back? 💡Message Strategy The dollar rebounded strongly, and gold fell under pressure The primary driver of the gold price decline this time was the sudden strength of the dollar. After a brief correction, the US dollar index rebounded strongly, reaching a high of 99.40, with a daily increase of 0.4%, which is expected to be the best performance in the past two weeks. Since gold is denominated in US dollars, the appreciation of the US dollar directly weakened the attractiveness of gold to holders of other currencies, leading to an intensification of market selling. US fiscal crisis + interest rate expectations, gold bulls suffered a double blow In addition to the strengthening of the US dollar, the uncertainty of the US fiscal outlook also makes investors cautious. Although the market is worried that the US government debt may further expand (or increase by another $3.8 trillion in the next decade), it has not stimulated safe-haven buying of gold in the short term. On the contrary, the market is more concerned about the Fed's interest rate policy. The recent speeches of Fed officials tend to be hawkish. At present, traders generally bet that the Fed may restart interest rate cuts after September, but before that, gold may continue to be under pressure due to the high interest rate environment. 📊Technical aspects 1. The daily line lost the lifeline, and the lifeline was used as a downward pressure to find the lower track of the pattern 2. The four-hour pattern opened downward, indicating a wave of large-volume decline 3. The double lines of the hourly chart turned from support to resistance, suppressing further decline 4. In the large channel range, determine the upper track position of the channel, re-suppress the decline to find the lower track position of the channel, with a space range of about 200-300 US dollars As shown in the figure: the middle track of the small blue channel line and the yellow large channel overlap the 3350 mark The price fell below the middle track of the small blue channel. As time goes by, the price position reaches 3320-3330, which happens to be the pressure of the 3350 mark area and the position along the large channel line. We are still looking at the action of holding high and breaking low, and the price will suppress the 3350 mark and fall below the lower track position of the channel at 3320 area. 💰 Strategy Package Short Position：3320-3330,3340-3350
TVC:GOLDShort
by TheodoreSilas
2
Gold hits around 3280, please go long in the short term 📌 Driving Events Gold prices fell more than 0.50% on Monday as demand for safe-haven assets decreased after U.S. President Donald Trump announced a postponement of tariffs on the European Union. Trading activity remained subdued as the U.S. and UK markets were closed for public holidays. As of this writing, the gold/dollar exchange rate was around $3,294. Trump issued a statement on Sunday, postponing the date of the 50% tariff on EU goods to July 9, and market sentiment improved. As a result, gold prices came under pressure and fell after a sharp rise of 4.86% last week (the strongest weekly performance since early April) 📊Commentary Analysis Focus on the support level of 3285/80. If this area is touched for the first time, go long 💰Strategy Package 🔥Selling area: 3345-3350 SL 3355 TP1: $3333 TP2: $3325 TP3: $3308 🔥Buying area: $3280-$3285 SL $3275 TP1: $3312 TP2: $3330 TP3: $3345 ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose a lot size that matches your funds - Profit is 4-7% of the fund account - Stop loss is 1-3% of the fund account
OANDA:XAUUSDLong
by Labaron
1
The mouth can't drive gold up 💡Message Strategy US President Trump announced that the deadline for EU trade negotiations will be extended to July 9, and at the same time withdrew the threat of a 50% tariff on EU goods originally scheduled for June 1. This decision marks a phased easing of US-EU trade tensions, leading to a significant cooling of market risk aversion. The statement of European Commission President Ursula von der Leyen revealed the key reason for the extension: "The EU needs more time to reach a comprehensive agreement that is beneficial to both sides." It is worth noting that just three days ago on May 23, Trump also threatened to impose high tariffs on EU cars and other goods in a tough manner, and even considered wielding the tariff stick against iPhones produced outside the United States. These remarks pushed the gold price up more than 2% in a single day. 📊Technical aspects At present, the direction of gold is only a correction and decline. The market is not driven by words. The idea of ​​gold trend that has been emphasized last week is to pull back to high altitudes. Facts have proved that gold cannot break through the high pressure position. All the news is filled with the atmosphere of gold rising. The truth is often in the hands of a few people. We should correctly judge the changes in the market and not blindly follow them. 💰 Strategy Package Short Position：3340-3350,3360-3370
OANDA:XAUUSDShort
by TheodoreSilas
1
Gold is about to clarify its trend direction 📊Technical aspects 1. The double-line position of the hourly chart is now in the 3290-3310 area. After the price fell below the double line, it used the lower track of the double line (purple trend line) as suppression and continued to fall and break the low Then after breaking through the double line, it turned into support, especially after breaking through the repeatedly suppressed purple trend line position 3250, forming an accelerated sprint, and the space amplitude exceeded 100 US dollars Then the purple trend line position, as the space switching line position, the subsequent space breakthrough will achieve at least 100 US dollars of space switching 2. The four-hour lifeline position is now at 3320. Due to the price surge After the high, there was no increase in volume and acceleration of the rise, but a continuous rise and fall. The four-hour pattern also began to close. The lifeline position is the dividing line. The double-line lower track and the pattern lower track are superimposed in the 3283 area. Special attention should be paid to it. Together with the 3270 position of the hourly chart, it will become the space switching point for the subsequent market. 3. Interestingly, the daily lifeline position is in the 3285 range, which is also the low point of the second half of last week and the final support point determined by the retracement. Multiple supports are superimposed here, which means that the subsequent price can fall below this point and realize the space switching. 💰 Strategy Package Short Position：3340-3350
TVC:GOLDShort
by TheodoreSilas
1
XAU/USD 27 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: The Federal Reserve’s sustained dovish stance, coupled with ongoing geopolitical uncertainties, is likely to prolong heightened volatility in the gold market. Given this elevated risk environment, traders should exercise caution and recalibrate risk management strategies to navigate potential price fluctuations effectively. Additionally, gold pricing remains sensitive to broader macroeconomic developments, including policy decisions under President Trump. Shifts in geopolitical strategy and economic directives could further amplify uncertainty, contributing to market repricing dynamics. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. Analysis and bias remains the same as analysis dated 22 May 2025. In my analysis from 12 May 2025, I noted that price had yet to target the weak internal high, including on the H4 timeframe. This aligns with the ongoing corrective bearish pullback across higher timeframes, so a bearish internal Break of Structure (iBOS) was a likely outcome. As anticipated, price targeted strong internal low, confirming a bearish iBOS. Price has remained within the internal range for an extended period and has yet to target the weak internal low. A contributing factor could be the bullish nature of the H4 timeframe's internal range, which has reacted from a discounted level at 50% of the internal equilibrium (EQ). Intraday Expectation: Technically price to continue bullish, react at either premium of internal 50% EQ or M15 demand zone before targeting weak internal low priced at 3,120.765. Alternative scenario: Price can be seen to be reacting at discount of 50% EQ on H4 timeframe, therefore, it is a viable alternative that price could potentially print a bullish iBOS on M15 timeframe. Note: Gold remains highly volatile amid the Federal Reserve's continued dovish stance and persistent geopolitical uncertainties. Traders should implement robust risk management strategies and remain vigilant, as price swings may become more pronounced in this elevated volatility environment. Additionally, President Trump’s recent tariff announcements are expected to further amplify market turbulence, potentially triggering sharp price fluctuations and whipsaws. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Gold plummeted? Here comes the latest analysis.Today, the gold market continued its downward trend. It failed to break through the key resistance level of $3,365 in the early stage, and then fell under pressure. It is a normal price adjustment for the Asian market to break through the previous support level. The current price fluctuates around the strong support of $3,300. Coupled with several news to be released in the United States, the price trend is full of uncertainty. In this period of time, I don’t think it is suitable for shorting. From the 4-hour chart, gold has insufficient upward momentum. After failing to break through the upward resistance level for a long time, it began to decline. In the market last week, the price has always fluctuated between $3,330 and $3,365. In the narrow range of fluctuations, once a new trend appears, whether it is upward or downward, it may accelerate the price fluctuation range in a very short time; this is an instant release after accumulating energy. This is why the Asian markets suddenly started to move downward. From the current market situation, the bulls are under great pressure, which is completely different from the strong upward pattern last week. At present, the trend of gold is more dominated by weak fluctuations. Based on the current trend, we still follow the strategy of high-altitude and low-volume trading in our operations.
OANDA:XAUUSD
by Quaid-1
Gold May Undergo Short-Term Correction as USD Rebounds📊 Market Overview Gold (XAU/USD) is trading around $3,309/oz after retreating from the $3,350 region during the Asian session today. Selling pressure emerged as U.S. Treasury yields rose and the USD rebounded slightly, despite expectations of potential Fed rate cuts in the near future. 📉 Technical Analysis • Key Resistance: $3,350 • Nearest Support: $3,290 • EMA 09: Current price is below the EMA 09, indicating a short-term bearish trend. • The downtrend is confirmed by bearish candlestick patterns and increasing trading volume in recent sessions. 📌 Outlook Gold may continue its short-term correction if the USD continues to rebound and U.S. Treasury yields remain elevated. However, long-term support factors such as concerns over U.S. national debt and expectations of Fed rate cuts persist.
OANDA:XAUUSDShort
by Mian-FXSignals
Gold May Face Short-Term Correction at $3,350 Resistance📊 Market Overview: - Gold is trading around $3,329/oz on May 27, after a slight decline due to President Donald Trump's postponement of the 50% tariffs on the EU until July 9, easing trade tensions. - However, end-of-month USD selling pressure from portfolio rebalancing and concerns over U.S. debt continue to support gold prices. 📉 Technical Analysis: - Key Resistance: $3,350 - Nearest Support: $3,295 - Candlestick Patterns / Volume / Momentum: The 14-day RSI is at 57, suggesting bullish momentum persists. However, price is testing strong resistance at $3,350. Failure to break through may lead to a pullback towards $3,295. 📌 Outlook: Gold may experience a short-term pullback if it fails to break above the $3,350 resistance level and if market sentiment continues to be influenced by geopolitical and monetary policy factors. 💡 Suggested Trading Strategy: SELL XAU/USD at: $3,345 – $3,350 🎯 TP: $3,330 ❌ SL: $3,350 BUY XAU/USD at: $3,295 🎯 TP: $3,310 ❌ SL: $3,390
OANDA:XAUUSDLong
by Mian-FXSignals
Gold price pullback. How to trade?Information summary: On Monday, due to Trump's policy changes, high tariffs on the EU were suspended. The market's risk aversion sentiment has declined, and spot gold fell at the opening, but recovered some of its losses in the US market, maintaining a consolidation range of 3320-3355. When the US market opens, there must be large fluctuations. Gold recovered all the gains on Friday due to the increase in tariffs on the EU on Monday. Then, when the US market opens, it is very likely to rise sharply, and also recover the losses on Friday. And from the current gold 1-hour chart: The current trend line of gold has fallen below, and the early trading has also completed the retracement. Therefore, gold may go down next. There is a high probability that it will test the bottom support position of 3310-3300. From the daily chart: You can see that the daily chart is currently an important support position near 3300. Once it falls below 3300, it can be officially confirmed that the correction trend is coming. And the trend after the US market opens is critical. Operation strategy: Short immediately, stop loss 3335, profit range 3310-3300.
OANDA:XAUUSDShort
by Quaid-1
1
Gold continues to fluctuate. Interval analysis.Market analysis: Gold opened slightly lower on Monday and fell to around 3331 before rebounding. After being blocked near 3357, it began to fluctuate and fall. The lowest point in the European session fell to around 3324, and then the market stopped falling and fluctuated and rose. The US session continued to rise, and the daily line closed with a small negative line with a lower shadow. Gold showed a big positive trend last Friday, and closed negative on Monday for adjustment. The current 5-day moving average and the 10-day moving average form a golden cross and continue upward. This moving average pattern shows a certain bullish momentum. In the short term, focus on the support of the 5-day moving average, which is currently around 3330. When the price is above this moving average, the market fluctuates mainly on the strong side. The upper resistance level first looks at around 3365, which is the high point of last Friday. Before the price does not break through this resistance level strongly, the volatile market will remain. On the whole, today's focus will be on the support of the 3330-3326 area below, and the focus will be on the resistance near 3365 above. Operation strategy: Short at rebound near 3365, stop loss at 3375, profit range 3345-3330 Long at retracement near 3326, stop loss at 3316, profit range 3350-3370
OANDA:XAUUSD
by Quaid-1
Gold Pulls Back Slightly from Highs📊 Market Overview: Gold (XAU/USD) slightly retreated to around $3,325/oz during the May 26 session, after reaching a two-week high of $3,365. The main reason was the increased investor risk appetite after U.S. President Donald Trump postponed a plan to impose 50% tariffs on EU goods, reducing safe-haven demand for gold. However, the long-term bullish trend remains supported by a weakening U.S. dollar and expectations of interest rate cuts from major central banks. 📉 Technical Analysis: • Key Resistance: $3,350 – $3,365 • Nearest Support: $3,325 – $3,285 • EMA: Price remains above the EMA50, indicating a sustained uptrend. • RSI Indicator: Near 50, giving a neutral signal. • MACD: Slight bullish signal. • ADX: 36.998, indicating a strong upward trend. • Price Pattern: Price is fluctuating within the $3,200 – $3,500 range, with the EMA50 at $3,200 acting as strong support. 📌 Outlook: Gold may continue to experience a slight short-term correction if market risk appetite remains elevated. However, the long-term uptrend is still supported by a weak USD and expectations of rate cuts. 💡 Suggested Trading Strategy: 🔻 SELL XAU/USD at: $3,350 – $3,365 🎯 TP: $3,300 ❌ SL: $3,380
OANDA:XAUUSDLong
by Mian-FXSignals
Gold fluctuates at high levels, long and short profit ideas 📌 Driving events On Sunday, U.S. President Donald Trump announced that plans to impose 50% tariffs on the European Union would be postponed until July 9, easing concerns about an imminent escalation in trade hostilities. This development reduced immediate risk aversion in the market, putting pressure on gold prices. Nevertheless, investors' attention now turns to the FOMC minutes released on Wednesday, which may further clarify the Fed's monetary policy outlook. At the same time, market participants will continue to pay attention to trade negotiations between the United States and Japan and other major economies. Any new tensions or setbacks in these negotiations could quickly restore demand for gold as a protective hedge. 📊Comment Analysis Gold prices fell slightly after the official announcement of the tariff extension and continued to climb 💰Strategy Package 🔥Selling area: 3388-3390 SL 3395 TP1: $3376 TP2: $3363 TP3: $3350 🔥Buying area: $3301-$3299 SL $3294 TP1: $3312 TP2: $3325 TP3: $3338 ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the number of lots that matches your funds - Profit is 4-7% of the capital account - Stop loss is 1-3% of the capital account
OANDA:XAUUSDLong
by Labaron
1
Gold bulls advance as expected Mainly go long on pullback.Today, gold opened lower and fell, reaching the lowest level of 3331. Then the bulls exerted their strength, reaching the highest level of 3356 and then adjusted back. The overall trend was highly consistent with the expected judgment. Looking back at the market last week, the technical side of gold continued the bullish pattern, and the oscillating upward trend was significant. From the daily level, the price repeatedly tested around the 3200 mark at the beginning of the week, and finally stabilized successfully, laying a solid foundation for the bull market. On Friday, it was supported by the 3280 mark, continuing the strong oscillating upward trend, forming a reverse middle Yang pattern, and the daily K line closed with an oscillating upward break of the middle Yang, fully demonstrating the short-term bullish pattern of gold prices, and bullish expectations continued to heat up. ​ Based on the current gold trend analysis, the focus below is on the 3330-3320 range support, and the focus above is on the 3380-3400 resistance. In terms of overall strategy, the bullish thinking is maintained before breaking 3320 to avoid blindly guessing the top.
OANDA:XAUUSDLong
by TP_Daniel5
Gold plunges. Downside meets?Spot gold fluctuates at high levels during the Asian session and is currently trading around $3,330. I think spot gold is expected to fall below the immediate support level of $3,330 per ounce and fall towards $3,284. Completion occurs near the key resistance level of $3,366, which is reinforced by similar resistance established by the descending trend line. Working together with these obstacles is another obstacle, namely $3,355, which is the retracement level of the downtrend from $3,501 to $3,120. The bearish divergence of the hourly RSI confirms that the rally has been exhausted and a sharp correction is imminent. Based on the changes in the Asian market today, an analysis was conducted. I hope my analysis can help you turn losses into profits in the trading market. Operation strategy: Short at $3,340, stop loss at $3,355, and profit range of $3,310-3,300.
OANDA:XAUUSDShort
by Quaid-1
How to plan for gold price box fluctuations🗞News side: 1. The situation between Russia and Ukraine escalated again 2. Israel in the Gaza Strip was once again criticized by the international community 📈Technical aspects: After gold opened lower today, it fell into a small box-shaped shock in the short term. It seems that the situation in Russia and Ukraine and the Middle East over the weekend did not have further impact on the gold price. The gold daily level closed with a positive line again, injecting new vitality into the trading space last week. These two rounds of rise not only successfully crossed the resistance level of 3250 last Monday, but also further broke through the suppression of 3320, showing a clear upward trend. The current volatility is more like a correction after breaking through the previous high! Last Friday, the price failed to break through the 3370 line several times and encountered resistance continuously, which shows that the pressure from above is still relatively strong! Due to the particularity of today's market trading, the technical side of the hourly chart shows a downward trend. The European session temporarily focuses on the 3350-3355 line resistance, and the 3330-3320 support is seen below. 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
Gold May Face Short-Term Correction Amid Strong Resistance📊 Market Overview: Gold (XAU/USD) is trading around $3,335, retreating from a two-week high of $3,345.48. The US Dollar's weakness, driven by fiscal concerns and President Trump's extension of the EU tariff deadline to July 9, has supported gold prices. However, the easing of global trade tensions has limited the precious metal's upside . 📉 Technical Analysis: • Key Resistance: $3,350, $3,364 • Nearest Support: $3,330, $3,300 • EMA 09: Price is trading near the EMA 09, indicating a neutral trend. • RSI (14): 69.311 – approaching overbought territory, suggesting potential correction. • MACD (12,26): 13.57 – bullish signal, but momentum is slowing. • Williams %R: -17.476 – in overbought zone, indicating possible short-term pullback . 📌 Outlook: Gold may experience a short-term correction if it fails to break above the strong resistance at $3,350. Sustained trading below this level could lead to selling pressure, especially as technical indicators point to overbought conditions. 💡 Suggested Trading Strategy: • SELL XAU/USD at: $3,345 – $3,350 🎯 TP: $3,330 ❌ SL: $3,355 • BUY XAU/USD at: $3,300 – $3,310 🎯 TP: $3,340 ❌ SL: $3,290
OANDA:XAUUSDShort
by Mian-FXSignals
Trump's tariff measures trigger market shocks 📌 Driving events Last Friday, as Trump threatened to raise tariffs on the European Union to 50%, and also pointed the finger at smartphone manufacturers such as Apple and Samsung, the market's risk aversion sentiment suddenly heated up, and spot gold closed up nearly 2% on the day. On Sunday local time, US President Trump announced after a call with European Commission President von der Leyen that he would extend the deadline for the European Union to face 50% tariffs to July 9. Trump told reporters on his way back to Washington on Sunday: "We had a very pleasant call, and I agree to postpone the deadline." Bloomberg analysis said that there are signs that US President Trump may relax his radical stance on EU trade, which will affect gold's safe-haven status. At the geopolitical level, the conflict between Israel and Iran is imminent. The Israeli army's shooting of a diplomatic delegation has triggered international condemnation. Netanyahu has maintained a tough stance in the Israeli-Kazakh conflict; Trump's mediation of a ceasefire between Russia and Ukraine has been frustrated. The Wall Street Journal revealed that when he spoke with the European side, he said that Putin believed that the Russian army was "winning", which contradicted his public statement. This week, the market focus shifted to the Fed's policy minutes, the Bank of Japan's rate hike expectations, European and American economic data, and OPEC+'s production increase plan. The interweaving of trade frictions, debt risks and geopolitical conflicts has kept the uncertainty of the global pattern high. 📊Comment Analysis The first support level for gold prices may be in the range of $3290-3300/ounce. If it falls below the above support, the next support for gold prices will be $3250/ounce and $3200/ounce (50-day moving average). On the upside, the first resistance for gold prices is $3370/ounce. If this obstacle is overcome, the next resistance for gold prices will be $3430/ounce and $3500/ounce (historical high). Labaron will digest a series of economic data to be released by the United States this week, such as durable goods and home sales, as well as the consumer confidence index. The U.S. stock market will be closed on Monday due to the Memorial Day holiday. 💰Strategy Package ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3388- 3390 SL 3395 TP1: $3376 TP2: $3363 TP3: $3350 🔥BUY GOLD zone: $3301- $3299 SL $3294 TP1: $3312 TP2: $3325 TP3: $3338 ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the number of lots that matches your funds - Profit is 4-7% of the capital account - Stop loss is 1-3% of the capital account
OANDA:XAUUSDLong
by Labaron
1
XAU/USD Technical Analysis – 4H Chart Overview🔍 Current Market Position Price: $3,358.125 Currently near resistance zone ($3,420–$3,470) Historical reaction in this zone shows multiple rejections 🛑 📌 Key Levels 🔺 Resistance Point: ~$3,420–$3,470 Rejected here 3 times ➡️ strong supply zone 🔻 Support Level: ~$3,150 Past price bounced here multiple times 🟠 💪 Strong Support: ~$2,950 Major bounce seen in early May 👊 🧭 Pattern Outlook Repeated resistance test 🔁 ➡️ potential double/triple top 📉 Blue arrow suggests bearish projection towards $3,050–$2,950 If support at $3,150 fails 🔓, expect deeper drop to strong support 🔮 Forecast 🔽 Bearish Bias High chance of reversal from resistance Target: $3,050 and possibly $2,950 🎯 ⚠️ Watch for Price Action at Resistance: Rejection = short opportunity 🔧 Break of $3,150 Support: May accelerate bearish move 🧨 📌 Summary: Market shows clear resistance rejection history. If it plays out again, we may see a strong drop toward lower support zones. Ideal for short setups 📉💼
OANDA:XAUUSDShort
by VikingFx-Community
9