Perfectly hold the pullback and continue to buy.Gold opened at around 3240 and then rushed to 3252 and then retreated. In the evening, we also gave a short position near the rebound to 3240. After all, there is a lot of pressure from above, and the technical side also needs to repair the strategy, so we gave a short position entry near 3237-38, and the target is 3215. As of the retracement, it reached the lowest point near 3206, which also successfully reached our target position. Today's Asian session high and retreat is completely a technical adjustment. It bottomed out and rebounded yesterday, with an increase of more than one hundred US dollars. The technical bulls are weak and need to pull back. This is why I gave the short position. Be a steady trader.
The gold market showed a V-shaped reversal pattern of bottoming out and rebounding yesterday. The daily line closed with a hammer-shaped positive line with an extremely long lower shadow, indicating that the support below is strong, but the overall high-level oscillation pattern is still maintained. Technical indicators show that short-term correction pressure still exists: the stochastic indicator is blunted at a high level, the MACD double-line dead cross is downward, and the Bollinger band opens downward. The gold price is likely to fluctuate around the middle and lower tracks.
The 4-hour level oscillates to the short side, and the 3200 line becomes the watershed between long and short. If it effectively falls below this level, the shorts will regain the initiative; on the contrary, the longs need to break through the strong resistance area of 3265-3270 to reverse the decline. At the close of the weekly line, the market has a demand for a restorative decline. If it falls below the 3200 integer mark, the target below will look at the 3180-3170 area. Focus on the effectiveness of the 3265-3270 resistance and the strength of the 3200 support, and be alert to the violent fluctuations in the closing market on Friday.
Gold recommendation: Go long when it falls back to around 3215-3205. Target 3230-40-50 first line
Goldpriceaction
Gold rebounds above 3190, maintains
🔔 Driving Events
Gold prices (XAU/USD) failed to extend Thursday's sharp rebound from the $3,120 area (the lowest level since April 10) and faced selling pressure again during Friday's Asian session. The 90-day trade truce between China and the United States has relieved some of the pressure on global financial markets, suppressing demand for safe-haven metals.
Nevertheless, lingering geopolitical tensions and a weaker US dollar continue to provide potential support, limiting the downside for gold prices. In addition, the market's growing expectations for further interest rate cuts by the Federal Reserve may prevent traders from taking a strong bearish stance on gold in the short term.
📊Comment Analysis
Gold prices have recovered, and buyers are determined to keep gold prices stable around 3200 points in May. Waiting for new bullish momentum after the end of tariff negotiations
💰Strategy Package
🔥Sell Gold Zone: 3287-3290 SL 3294
TP1: $3270
TP2: $3260
TP3: $3250
🔥Buy Gold Zone: $3173 - $3175 SL $3168
TP1: $3188
TP2: $3200
TP3: $3218
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the lot size that matches your funds
- Profit is 4-7% of the capital account
- Stop loss is 1-3% of the capital account
Gold, false decline, real wash
📊Comment analysis
The recent surge and plunge of gold has also led to many different opinions on the market trend. If it rises, look at the ceiling, and if it falls, look at the floor. Most of them are such remarks, and the misleading nature of such remarks can be imagined. The first time I chased more at 3500, it was okay. After the beginning of the month, I soon got the opportunity to get out of the trap. But those who chased higher at 3400 twice last week were not so lucky. Opportunities cannot always be there, and not every time you can survive.
Once you have the idea of standing guard or holding on, it means you will lose. In the face of huge fluctuations in prices, short-term card points, and few positions can be grasped. You can't just rely on a rumor on the Internet to chase shorts and look at bear markets when prices fall, and chase longs and look at bull markets when prices rise. Investing and trading are two different things. Investment is a direction, focusing on large cycles, large directions, long-term, and profiting by time. Trading, on the other hand, makes money by rhythm and fluctuations, which are completely two concepts.
I have always said that the general direction is bullish and the rhythm is to get on board after every retracement. The transaction is divided into short, medium and long. The short-term is limited to intraday. Whether it is right or wrong, it is settled on the same day. The medium-term wave band, after each large retracement, insist on getting on board in batches, and leave after a phased rise. For the long-term, after each large retracement, build positions in batches and hold for a long time. First, make the logic clear, and then talk about the operation. We can't achieve the lowest or highest, but as long as we achieve a relatively low or high position, it will be fine.
The core of investment is the cycle, and the core of trading is the rhythm. If the rhythm is right, everything is right.
In the face of the sharp rise and fall of gold, first, don't hold a heavy position, and second, as long as it is not a relatively high or relatively low chasing order, there is no need to panic. First, if you hold a heavy position, first of all, you can't withstand the fluctuations, you can only bet on the win or loss of one order, and there will be no next chance. Secondly, as long as you chase long at high positions and short at low positions, even if you have a light position, you will not have a chance to get out of the trap, and you can only make up for the loss through new transactions. There is no other way, but to achieve unity of knowledge and action, and don't think about it. Heavy positions, plus chasing back and forth, plus the world lock, will only die faster and will not get out of the trap. Take care of yourself.
Let's talk about the market. First of all, the bull is still there. Secondly, the sharp drop and surge are wash-outs and adjustments, not the peak, but the base is large and the amplitude is large, so you have to reduce your position. At present, it is a large-scale range shock wash-out adjustment at the daily level, and a weekly level retracement, not the peak. It will be very clear if you look at the big cycle, and you must not listen to the rumors flying all over the sky. If it rises, chase high to see new highs, and if it falls, chase short to see new lows. It is not advisable. Again, remember one thing, grasp the relative highs and lows, let the wind and waves rise, and sit on the fishing boat steadily.
After the U.S. market plummeted, it directly reversed and surged. This kind of market will not continue. Don't chase it. Don't see the plummet and then the surge, and then shout that the bottom has been reached. The plummet means the peak, and the surge means the bottom has been reached. Isn't it a life-and-death situation every day?
The U.S. market directly talked about the next area. After the sell-off, gold rebounded sharply yesterday, which gave the trapped orders an opportunity to escape, not a direct reversal. Next, gold will enter a large range of shocks and washes with 3260 as resistance and 3150-3120 as support. After the shock, it will finally experience a wave of sell-offs and break the new low, and then it will bottom out. The bottoming logic is the same as the May Day period. Before May Day, gold continued to maintain above 3260 for washing. After May Day, it directly broke below 3260 and touched 3200 and then rose. Next, it will be the same. After a period of washing and shock, it will fall below the low of 3120 again, hit a new low and bottom out, and start to rise. The rhythm is like this, it depends entirely on courage, patience and technology, chasing ups and downs is not advisable. The rhythm is like this, watch more and do less, hold tight, and fasten your seat belts.
⭐️ 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
Gold Price Drops to Lowest Level in Over a MonthGold Price Drops to Lowest Level in Over a Month
As shown on the XAU/USD chart, the price of gold fell below $3,130 this morning – its lowest level since 10 April.
Since its peak in May, gold has lost more than 8% in value per ounce.
Why Is Gold Falling?
Bearish sentiment in the gold market may be fuelled by easing geopolitical tensions. According to media reports:
→ China and the US have already reported progress in reaching a trade agreement, while details of potential deals with India, Japan, and South Korea are currently being developed.
→ Iran is reportedly willing to sign a nuclear deal in exchange for the lifting of sanctions. In addition, Donald Trump may lift sanctions on Syria during his visit to the Middle East.
→ The situation between India and Pakistan has stabilised, and today, talks between Russia and Ukraine are expected to take place in Istanbul, with a potential ceasefire on the agenda.
These developments could be seen as reducing the appeal of gold as a safe-haven asset.
Technical Analysis of the XAU/USD Chart
In our 7 May gold price analysis, we:
→ outlined a descending channel (marked in red);
→ noted that bearish pressure persisted above $3,400.
Since then, the gold (XAU/USD) price has continued to move within this channel, breaking support around the $3,200 level and approaching a key support zone formed by:
→ the lower boundary of the red channel;
→ a long-term trendline (marked in blue);
→ a former resistance level (highlighted with arrows) at $3,140.
Given these conditions, traders should consider a scenario in which a minor rebound may occur – for instance, towards the median line of the red channel.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Gold short sellers hit the 3,000 mark in a bloodbath?News: The gold market has been experiencing violent fluctuations recently, with a significant correction from historical highs, triggering heated discussions in the market. Its price decline is mainly driven by two major factors: First, global trade tensions have eased. China and the United States have significantly reduced tariffs and suspended some tariffs for 90 days, which has greatly boosted market risk appetite. Investors have evacuated safe-haven assets and the demand for gold has declined. Second, the U.S. dollar index has bottomed out, and U.S. Treasury bond yields have also hit a six-week high. The 10-year Treasury bond yield has exceeded 4.5%. The Fed's adjustment in interest rate cut expectations has made non-interest-bearing assets such as gold less attractive. However, geopolitical risks have not completely dissipated, and the US-EU trade negotiations have progressed slowly, which may re-boost gold's safe-haven demand in the future. In the short term, trade optimism and a stronger US dollar may continue to suppress gold prices; but in the medium and long term, geopolitical uncertainty, inflationary pressures and central bank demand for gold purchases will provide support for gold prices.
From the four-hour level, a double top is formed at the 3500 and 3440 positions above. Gold continued to fall after breaking below 3200. The continued decline has released a clear short signal.The focus below is on the weekly 3100 area support.The ultimate goal of this round of adjustment is to look at the 3030-2980 range
Gold has now fallen by 3200, and the next support level is 3160
📌 Driving factors
As Sino-US trade tensions ease, market concerns about a global recession have eased, investor risk appetite has increased, and the attractiveness of gold as a safe-haven asset has declined, and gold prices fell on Wednesday (May 14). After the tariff truce announced over the weekend, the stock market rose sharply, weakening the safe-haven appeal of gold in the short term, which was an important factor that pushed gold prices to new highs in the previous few months, and it is also the starting point for the current large number of sell-offs!
Driven by bargain hunting, gold prices rebounded on Tuesday, and the weaker-than-expected US inflation data released that day also helped gold prices rise. However, trade optimism limits the strength of gold's rebound.
📊Commentary Analysis
Gold began to fall in the early trading of the US market and is about to fall to our expected point. The support below is 3160!
💰Strategy Package
🔥Selling Gold Area: 3245-3240 SL 3250
TP1: $3230
TP2: $3210
TP3: $3190
🔥Buying Gold Area: $3167-$3165 SL $3160
TP1: $3178
TP2: $3189
TP3: $3200!
Labaron believes
Guaranteeing the principal is the bottom line for survival, controlling risks is the armor for survival, earning profits is a stage medal, and long-term stable and continuous profits are the only proof of being able to stand up from the mountains of corpses and seas of blood.
Gold comprehensive analysis summaryTechnical analysis of gold: In recent trading days, gold has experienced a rapid decline during the Asian session, then stabilized and rebounded, fluctuated during the European session, and rebounded after rising in the US session. Today, under pressure during the Asian session, the high point of yesterday's US session, 3258-60, has already experienced a rapid decline. It depends on whether it can stabilize and rebound next. Overall, continue to pay attention to the medium-term support of 3202-07. Before breaking down, once the bulls stabilize, they will fill the gap of Monday's gap in the area of 3320-25; if it breaks down, it will open up the downward space, further 3160-3120, and then gradually fall to 3060 and the starting point of this round of bulls, 3000. The M top or W bottom we emphasized is still waiting for the market to choose!
From the hourly chart, gold is currently facing some downward pressure, especially since the current price has fallen below the previous support range. After falling below the support level, the gold price rebounded again, but this rebound failed to break through the original support level and turned into resistance, indicating that the price has not recovered effectively. For now, multiple rebounds have hit around 3257 to form a double top pattern, and the scope of short-term long and short consolidation has been reduced. Including today's Asian session decline, it did not fall below the 3220 US dollar line. The short-term consolidation range temporarily refers to the 3257-3220 US dollar range, and the break will be adjusted. Today, the 1-hour SAR indicator 3246 pressure is referenced above. If it breaks above, it will look at the recent double top 3257 pressure short. Secondly, look at the 3265-78 range multi-directional suppression short. It is recommended to refer to the Asian session low near 3220 for long below. If it breaks below, it will look at the 3207-3200 range for long. On the whole, today's short-term operation strategy for gold is mainly to do more on the pullback and short on the rebound. The short-term focus on the upper side is the 3257-3265 line of resistance, and the short-term focus on the lower side is the 3215-3220 line of support.
Gold operation strategy reference: short gold near 3250-3260, target near 3240-3230. Gold pullback near 3225-3220 to do more, target near 3240-3250.
Start buying gold and wait for a rebound.At the 4-hour level, the overall market judgment remains unchanged. In terms of the lower support level, 3208-3207 is the key support area. This position is not only the low point on Monday, but also an important support level formed by the previous starting point line extending to the present. As for the upper resistance level, first of all, we need to focus on yesterday's high point of 3265, which is also the previous shock low point. Secondly, the 3290-3293 area formed by the rebound after the gap-down opening on Monday is also a resistance range that cannot be ignored. In the short term, pay attention to the resistance line of 3260-3270 above, and pay attention to the support line of 3220-3210 below in the short term. Further support focuses on the 3200 mark.
Gold operation strategy: 3220-3210 long, target 3230-3250; gold rebounds to 3260-3265 short, target 3240-3220.
Gold continues to trade sideways above the 3200 area
📌 Driving factors
The United States and China announced on Monday a 90-day suspension of tariff increases. According to statements made after the Geneva talks last weekend, the United States will reduce tariffs on Chinese imports from 145% to 30%, while China will reduce tariffs on US imports from 125% to 10%.
Meanwhile, on the geopolitical front, Russia and Ukraine are preparing for their first high-level face-to-face talks since 2022, scheduled to take place in Istanbul this week. The talks come as the international community is increasingly pressuring Moscow to accept a 30-day ceasefire. U.S. Secretary of State Marco Rubio and special envoys Steve Witkov and Keith Kellogg are expected to represent the United States in the talks.
Gold prices rebounded on Tuesday, driven by bargain hunting, while weaker-than-expected U.S. inflation data released that day also helped gold prices rise. However, trade optimism limited the strength of gold's rebound.
📊Comment Analysis
In the accumulation price zone, the gold price is sideways around 3200-3270, and the buyers and sellers are balanced
💰Strategy Package
🔥Selling gold area: 3282-3284 SL 3289
TP1: $3270
TP2: $3260
TP3: $3250
🔥Buying gold area: $3167-$3165 SL $3160
TP1: $3178
TP2: $3189
TP3: $3200!
Labaron believes
Guaranteeing the principal is the bottom line for survival, controlling risks is the armor for survival, earning profits is a stage medal, and long-term stable and continuous profits are the only proof that can finally stand up from the sea of corpses and blood.
Gold fluctuates repeatedly and is expected to fall below 3,200
📌 Driving factors
The U.S. Department of Labor's Bureau of Labor Statistics announced on Tuesday that the U.S. Consumer Price Index (CPI) rose 0.2% month-on-month in April, lower than the 0.3% expected by economists. However, analysts warned that inflation may rise as tariffs gradually push up commodity prices.
The United States and China announced on Monday that they would suspend tariffs for 90 days. According to the statement made by both sides after the Geneva talks last weekend, the United States will reduce tariffs on Chinese imports from 145% to 30%, and China will reduce tariffs on U.S. imports from 125% to 10%.
Driven by bargain hunting, gold prices rebounded on Tuesday, and the weaker-than-expected U.S. inflation data released that day also helped gold prices rise. However, trade optimism limits the strength of gold's rebound.
📊Commentary and analysis
Gold fell and then rose yesterday, and the final rebound stopped at 3,266. The trend is in line with our bearish expectations. As for the repeated fluctuations in the market, it is just a futile effort! Yesterday, due to the influence of the US CPI data, although gold rose in the short term, it was still under pressure and weakened. Today, the Asian session continued to fall in the early trading. As the support position near 3210 points is approaching, aggressive shorting is no longer appropriate!
In terms of trend, the 4-hour level trend of gold is still under pressure. Yesterday, it was under pressure at the 3260 line, and then the market fell back. Recently, it has maintained a trend of continuously moving down lows, and the rebound highs are gradually decreasing. It can be seen that the bulls are less willing to attack, which is different from the previous surge. Gold adjustment has become inevitable.
💰Strategy Package
Rebound short: short near 3265, stop loss 3269, target near 3220!
Labaron believes that
Guaranteeing the principal is the bottom line for survival, controlling risks is the armor for survival, earning income is a stage medal, and long-term stable and continuous profit is the only certificate to finally stand up from the sea of corpses and blood.
Gold fluctuates. When will a new trend start?China and the United States reached a 90-day ceasefire agreement, and the price of gold returned to 3,200 from 3,400 US dollars. All traders are staring at the support level of 3,200 US dollars, and are very worried about whether it can withstand pressure; it will fall to a larger level, resulting in no trading opportunities for gold positions.
I think your concerns are normal, and market fluctuations are also normal. There is no market that only rises and never falls; even in the bull market, there will be periodic adjustments.
Next, the focus is on the maturity of US Treasury bonds in June. The impact of trade conflicts will soon be forgotten by the market; US CPI inflation continued to decline in April, from 2.4% in the early stage to 2.3%, getting closer and closer to the Fed's ultimate goal of 2%, which means that the Fed will soon have to restart the interest rate cut plan.
Once the US Treasury bonds mature and default or trigger panic, or if Fed Chairman Powell reveals his intention to cut interest rates, gold will rise rapidly and may reach a high point within 1-2 days.
Okay, everyone; you need to understand the basic situation, but the most important thing is the operation strategy during the Asian trading session.
I think you can first test the long strategy around $3225, with a stop loss below 3215 and a profit in the rebound range of $3340-3360.
Man, excessive worrying will not help; if you can't accept short-term volatility trading, you can wait and see and stay calm.
GOLD (XAUUSD) – Market Update & Daily Plan – May 13, 2025🔹 Bias: Intraday bullish (HL forming)
🔹 Context: Price is reacting from the 3215–3228 zone (OB + discount) after confirming CHoCH at 3284.
We’re in a retracement phase — next move could target 3240–3280 if structure holds.
🔵 BUY ZONES (reaction areas, not sniper):
3215–3228
✅ Confirmed H4 OB
✅ Discount zone + EMA200 confluence on H1
✅ HL structure still valid
📌 If price retests with bullish confirmation → long toward 3240+ remains valid
3175–3195
🔵 Strong H4 demand zone
📌 Only if 3215 fails — last area to defend the bullish bias
Wait for structure to hold — don’t panic buy into weakness
🔴 SELL ZONES (broad reaction areas):
3285–3300
🔺 Previous high + unfilled FVG
🔺 Potential inducement zone before rejection
📌 If price rallies fast, watch for rejection — solid area for short pullbacks
3340–3355
🔺 Strong H4/D1 supply
🔺 Untested premium OB
📌 Only valid if price breaks above 3300 — aggressive short if NY overextends
🧠 Summary:
We’re in a bullish retracement.
If 3215 holds → price may push toward 3280+.
If that fails → 3175–3195 is the final defense zone before larger structure shifts.
Sell zones are reactive — wait for signals, don’t jump in early.
💬 Stay calm, stay patient. Don’t trade the zones — trade the reaction.
🔔 Final Thoughts for Tuesday
The levels are marked. The structure is clear.
Now it’s up to you to stay calm and let price do the talking.
We don’t chase moves — we let the market knock on our zones.
📍 Whether you're buying from discount or selling from premium — let logic lead, not FOMO.
And remember: structure doesn’t lie... but your emotions might.
💬 Got questions? Drop them — this is a team effort.
Let’s stay sharp, focused, and prepared.
See you on the charts,
— GoldFxMinds 🧠⚔️
Gold Price ActionHello everyone,
As you can see, I've marked a fresh Supply Zone along with a Volume observation. Notice how price is rising while volume is falling — this typically indicates a lack of buying interest or that buyers are stepping back.
From here, we could see two possible scenarios:
Price rejects the supply zone and begins to drop
Price breaks above the zone, signaling a potential continuation to the upside
⚠️ Don't forget: CPI news is scheduled for today, so be extra cautious.
Make sure you manage your risk, trade smart, and stay focused.
Wishing you all the best — happy trading! 📊💼
Gold rebound is a good time to shortGold has been in a volatile state since the opening today, opening at 3236 and reaching a high of 3243. It is currently fluctuating in the form of shocks. With the comprehensive ceasefire between India and Pakistan and the peace talks in the Sino-US tariff war, gold will still be in a downward trend. Although it is in a downward trend, we should not chase the short position directly. We can just treat the rebound as shorting. The main trend is still to short on the rebound. After all, the general trend is bearish.
In the 4-hour chart, the weak stage is oscillating downwards, and the resistance of the middle rail has moved down to the 3300 mark. At the same time, there is still a gap to be filled, and it is currently in shock above the neckline. There are two differentiated moves here. One is to go sideways and weakly consolidate and then directly break the neckline of 3200 and go for in-depth adjustments. The other is to rebound above 3200 to correct and build momentum, forming a wave of poised to break low. One is weak consolidation to break low, and the other is poised to break low. Overall, it is optimistic that the market will break through the low of 3200, but it reflects the various changes in the short-term form. The upper 3250-3260 range has gathered intensive trading resistance, forming short-term strong pressure. In short-term operation, first go short on rallies below 3260, and first look at the profit from this wave of correction! Next, we will look at the previous low support of 3200. If the position is broken, we will continue to see the downward continuation. If the position is not broken, we will place long orders on the backhand. At that time, we will choose the opportunity to lay out the long-term plan based on the support of 3200. On the whole, today's short-term operation strategy for gold is to short on rebounds and long on pullbacks. The upper short-term focus is on the 3248-3252 resistance line, and the lower short-term focus is on the 3200-3160 support line.
Gold operation suggestion: short gold near 3245-3255, target around 3220-3210. Gold will go long when it pulls back around 3210-3200, with the target around 3230-3250.
Tariff easing has just begun
📌 Driving factors
The historic easing of tariffs between China and the United States, the imminent peace talks between Russia and Ukraine, the ceasefire between India and Pakistan, and the market's pricing of geopolitical risks have obviously cooled down, which has further shrunk the demand for gold as a regional safe-haven tool. The situation in the Middle East is complicated, and it is necessary to monitor the latest developments in real time, focus on the latest developments in the follow-up news, and adjust strategies in real time.
📊Comment analysis
In the Asian session, gold is concerned about the upper resistance at $3,250 today. The rebound relies on the resistance below to continue shorting. The lower point is $3,207. If it falls below, it will be $3,150. For specific operations, please pay attention to the free channel.
💰Strategy Package
Long position:
Actively participate at 3200 points, with a profit target of around 3230 points
Short position:
Actively participate at around 3245 points, with a profit target of around 3220 points
Labaron believes
Guaranteeing the principal is the bottom line for survival, controlling risks is the armor for survival, earning profits is a stage medal, and long-term stable and continuous profits are the only proof of being able to stand up from the mountains of corpses and seas of blood.
Gold rebound is weak, full analysis of high-altitude strategiesTechnically, gold faces the test of whether the double top pattern can be established. The progress of the trade agreement may exceed expectations. In the short term, the gold price is disturbed by the trade news, but in the long term, geopolitical, debt and interest rate cuts still support the upward trend of gold prices. Gold stabilized and rebounded after hitting a low of 3207 during the European session, and further rose to a high of 3248 during the US session. However, the rebound momentum was relatively limited, and the current price maintained a volatile pattern within the 3220-3248 range. At present, 3250 has become a key resistance level. If it can effectively break through and stand firm, the gold price is expected to further test the 3270-3288 area. However, from the perspective of short-term momentum, it is still facing downward correction pressure in the late trading period. Technically, the upper resistance is concentrated in the 3248-3252 range, and the lower support is around 3225-3217. In terms of operation, it is recommended to mainly do long positions on callbacks, supplemented by rebounds from high altitudes.
Operation strategy 1: It is recommended to do more on the pullback in the 3225-3217 area, with a target of 10-15 points.
Operation strategy 2: It is recommended to short at the rebound area of 3245-3252, with the target at 10-15 points.
Shorts were active at the beginning of this week, and prices fel
📌 Gold driving factors
The joint statement of the Sino-US Geneva economic and trade talks has just been released. This development has hit the safe-haven demand for gold and has become the fuse for a new round of gold selling.
Coupled with the hawkish "holding back" of the Federal Reserve, the dollar has remained stable near its multi-week high and put pressure on gold. The trend of gold prices seems quite fragile.
📊Commentary analysis
The next resistance for gold prices is the static barrier of $3360-3365/ounce. If it can be decisively overcome, it will eliminate the recent bearish tendency and lay the foundation for gold prices to regain the $3400/ounce mark.
💰Strategy Package
⭐️Set Gold Price:
🔥Sell Gold Zone: 3315-3317 SL 3322
TP1: $3300
TP2: $3290
TP3: $3280
🔥Buy Gold Zone: $3223 - $3225 SL $3218
TP1: $3238
TP2: $3245
TP3: $3260
⭐️ 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
Seize the moment! The rebound is a good opportunity to shortGold was affected by the implementation of the China-US tariffs and the ceasefire between India and Pakistan, which weakened the market's risk aversion sentiment. The weekly line formed a double-needle top pattern, and continued to see downward adjustments this week. The daily line also has a double top structure, with 3500 and 3435 as double tops, and the neckline focuses on 3202. If it falls below, the double top pattern is confirmed. In terms of thinking, keep falling back and adjusting, with pressure focusing on 3260 and 3283, and support below focusing on 3200-3202. In terms of operation, rebound high and short are the main, and falling back is supplemented by long.
Operation suggestion: short gold when it rebounds to around 3255-65, and look at 3320 and 3200. long gold when it falls back to around 3210-3200, and look at 3320 and 3250.
Circular short selling is still the main themeGold has no power to rebound in the Asian session, and it keeps fluctuating and falling. The highest rebound was 3292, but it fell back under pressure, and the lowest touched 3217. The fluctuation and decline are still dominant, so we only need to short on the rebound. It is still difficult to fill the gap at the opening today, so don't have hope. Just keep shorting on the rebound. The weekend article also analyzes the bearish opening this week. After all, the international situation of India and Pakistan's comprehensive ceasefire and Russia-Ukraine ceasefire negotiations are mainly bearish for gold. Coupled with the technical shorts, it is reasonable for gold to jump short. Today, we will treat gold as rebound shorting. In terms of operation, we will mainly short on rebound and be a steady trader. Judging from the current trend of gold, the main short rhythm of the pullback will continue to remain unchanged before the daily level breaks through and stands at this position.
Gold opening rise and fall prediction?The current gold market is in a range of fluctuations, maintaining a wide range of fluctuations. Technically, the key support level below is still focused on the 3270 area, while the 3450 price level above constitutes a significant double-top structural resistance level. Although the conclusion of the US-UK tariff agreement has a phased negative effect on precious metals at the geopolitical level and may provide a demonstration effect for other regional trade negotiations, the overall technical structure still maintains a downward trend. At the daily level, the recent K-line combination has completed a deep retracement from the 3500 mark with two long negative lines, directly breaking through an important support platform. The current daily K-line continues to close the adjustment pattern with an upper shadow line, and the alternating yin and yang oscillation rhythm conforms to the technical correction characteristics. It is worth noting that the 50-period moving average continues a clear downward trajectory, forming a resonance suppression with the double-top structure in the 3450 area.
The 1-hour gold chart shows that the short-term price trend presents a clear downward channel feature, and the seller's power continues to dominate the market. Combined with the Fibonacci extension level calculation, the first target below can still focus on the 3300 area. If this support platform is lost, the price will have a technical demand to further explore the 3320 integer mark. The current volume and price coordination shows that the market is brewing a new wave of trending market conditions. It is necessary to pay close attention to the breakthrough direction of the 3300-3380 range, which will determine the continuation or reversal of the medium-term trend. Taken together, the short-term operation of gold is recommended to be mainly longs on callbacks, supplemented by shorts on rebounds. The top short-term focus is on the first-line resistance of 3360-3380, and the bottom short-term focus is on the first-line support of 3320-3300.
Is GOLD still rising star? XAUUSD AnalysisHello everyone!
i Want share my idea about gold price action.
End of April we had some correction but beginning of May it still has buyer and why? at global market we see still misunderstanding, America and China still talk about rates, final talk will be soon between that to giant country, Russia-Ukraine war plus we have very hard situation between India and Pakistan, everyone was expecting peace, after trump inauguration, but how we see we are still far, no one knows what will be next and for big investors gold is safest place to invest money. If we look at gold for long term we can see it has pretty strong bull run.
For me i have other view - China and America will deal about rates, which will give market better view, i think before it will happen, Gold will test new High, where it will find sellers and from there we will have 2 quarter Bearish trend. New high will be between 3500 - 3550, also if we look at Dollar index (DXY) at 1D chart it found buyers and slowly showing reversal, but don't forget 1W chart because there we had 1W consolidation from 2023 and the last fall was stronger than other falls, at technical it tested weekly Fair Value Gap, but i cant see any reason yet for fall.
I think Gold will show us new high which will be between 3500 - 3550 and then we will get bearish trend and we will see correlation with dollar and dollar will start bullish trend.
With technical i will use simple technic, gold tested today daily fair value gap and it got strong reaction, we have resistance + 2h FVG but for me it will be not hard for gold to brake it.
This analysis is from my experience, i am not financial advisor.
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ALWAYS MAKE YOUR OWN RESEARCH !
Gold waiting for TomorrowThe sell signal was issued on the last candle when the red zone broke down. But I don't know how it will react to the green support zone in a short distance.
If I insist on trading, I will enter a short sell trade at the opening of the next candle with a short stop loss above the red zone and I will be alert to the price reaction to the green zone.
GOLD Possible bearish movesGOLD Weekly Outlook – Waiting for a Clean Entry
My focus this week on gold is based around the recent mitigation of the 3H supply zone. It was a clean setup, but unfortunately I didn’t get tapped in — and with it being late Friday, I decided to wait for a better entry, potentially on Monday.
As bullish pressure begins to weaken, I’m also keeping an eye on the 4H supply zone above, which could offer a stronger bearish reaction and a better opportunity to sell.
On the flip side, for any potential bullish continuation, I can see price sweeping the liquidity sitting below and then reacting from the 5H demand zone I’ve marked out. That area could provide the base for a re-accumulation and another move to the upside.
Confluences for GOLD Sells:
- Clear bearish reaction from the 3H supply zone with a completed Wyckoff distribution
- Liquidity to the downside remains untapped
- Weakening bullish momentum opens room for a possible sell-off
- DXY is showing short-term bullish strength, supporting a bearish bias on gold
P.S. If price reverses and takes out the current supply zone, I’ll be watching the next 4H supply zone for further reaction — but in the meantime, I’ll adapt by monitoring for a closer demand zone setup.
Have a great trading week ahead and stay sharp, traders!