Gold Extends Gains, Eyes 3400📊 Market Overview
• Following softer-than-expected US CPI data, gold surged strongly.
• This morning, gold touched a high of 3377 before pulling back slightly to around 3372.
• A weaker USD and growing expectations of Fed rate cuts remain key bullish drivers.
📉 Technical Analysis
• Key Resistance: $3,380 – $3,400
• Nearest Support: $3,325 – $3,310
• EMA09: Price remains above EMA09, signaling a short-term uptrend.
• Candlestick & Momentum: Gold has broken out of a consolidation zone with strong momentum, though short-term overbought signals are emerging.
📌 Outlook
Gold may enter a mild pullback within the 3370–3380 zone before finding fresh momentum from upcoming Fed signals or macro data. Caution is advised when trading near major resistance.
💡 Trading Strategy
🔻 SELL XAU/USD at: 3375–3377
🎯 TP: 3355
❌ SL: 3385
🔺 BUY XAU/USD at: 3325–3330
🎯 TP: 3350
❌ SL: 3315
Goldsell
XAUUSD analysis - potential for pullback and continuationOANDA:XAUUSD is currently consolidating near $3,310 after a decisive breakdown below the ascending trendline, signaling a shift in the short-term structure from bullish to bearish. This breakdown was accompanied by strong bearish momentum, indicating that buyers have temporarily lost control of the market.
After the initial drop, the price is now attempting to retrace toward the 0.5–0.618 Fibonacci zone, with the 0.618 level located around $3,335. This zone also coincides with dynamic resistance from short-term moving averages (EMA cluster), making it an important confluence area. A rejection from this level would confirm a bearish retest, supporting the idea of a continuation toward the 1.618 Fibonacci extension near the $3,225 level.
However, if the price breaks and holds above $3,348, the bearish scenario will be invalidated, potentially signaling that buyers are regaining strength and may aim to reclaim higher resistance levels.
Traders are advised to wait for confirmation, such as a bearish engulfing candle, rejection wicks, or a surge in volume, before entering short positions. As always, this is a personal viewpoint, not financial advice. Trade with appropriate risk management.
Can Gold Reach $3400 This Week?📊 Market Overview:
On June 4, 2025, gold prices (XAU/USD) hovered around $3,370/oz after rebounding from the $3,333 level. However, selling pressure emerged as prices approached the strong resistance zone near $3,392–$3,400. Ongoing uncertainties regarding U.S.–China trade policies and expectations of a Federal Reserve rate cut continue to support safe-haven demand for gold.
📉 Technical Analysis:
• Key Resistance: $3,392 – $3,400
• Nearest Support: $3,333 – $3,320
• EMA 09: Price is currently above the 09 EMA, indicating a short-term uptrend.
• Candlestick Patterns / Volume / Momentum: The RSI on the H1 timeframe is at 59, suggesting bullish momentum remains but is approaching overbought territory.
📌 Outlook:
Gold may experience a short-term pullback if it fails to break above the $3,400 resistance level and profit-taking intensifies.
💡 Suggested Trading Strategy:
SELL XAU/USD at: $3,392 – $3,400
o 🎯 TP: $3,372
o ❌ SL: $3,410
BUY XAU/USD at: $3,320 – $3,333
o 🎯 TP: $3,352
o ❌ SL: $3,310
Gold liquidity run short setup In this video I map out the range using the fixed range tool and talk about the possibility of a liquidity run on the weekly high before dropping back inside the range .
Engineering liquidity at the range value area high and thus heightening the expectation for more upside continuation , take the liquidity at $3392 and pull back below the vah *Value area high and head down to fill the new week open gap and the new monthly pivots $3297 and the poc * point of control and remain rangebound.
We all know that nothing is set in stone and this is just an idea out of many but its something to consider .
Set alerts and wait for reaction and lower time frame for confirmation
Thanks for your support
Gold May Undergo a Short-Term Downward Correction
📊 Market Overview
Gold prices are hovering around $3,348/oz, with the day's low near $3,340. Weak U.S. economic data, including a decline in the services PMI to 49.9 and low job growth, have reinforced expectations of a Federal Reserve rate cut. However, gold prices have yet to break through strong resistance levels due to profit-taking and cautious sentiment ahead of the upcoming Non-Farm Payrolls report.
📉 Technical Analysis
• Key Resistance: $3,370 – $3,375
• Immediate Support: $3,335 – $3,340
• EMA 09: Price is above the EMA 09 line, indicating a short-term uptrend.
• Candlestick Patterns / Volume / Momentum:
o MACD on H4 chart shows a golden cross, supporting the uptrend.
📌 Outlook
Gold may undergo a short-term correction if U.S. employment data exceeds expectations or if there are positive developments in international trade negotiations.
💡 Suggested Trading Strategy
SELL XAU/USD at: $3,370 – $3,375
o 🎯 TP: $3,350
o ❌ SL: $3,385
BUY XAU/USD at: $3,335 – $3,340
o 🎯 TP: $3,360
o ❌ SL: $3,325
Gold Holds Above Key Support – Eyes Still on 3400 (READ CAPTION)By examining the gold chart on the 4-hour timeframe, we can see that the price successfully hit the $3367 target exactly as expected, and then corrected back to $3346. Currently, gold is trading around $3358, and if it can hold above $3350, we can expect further upside. Based on the previous analysis, the next bullish targets remain at $3367, $3380, $3391, and $3400. (Maximum support is always appreciated, my friends!)
Market situation unclear? Check out this analysis📰 Impact of news:
1. ADP data is significantly positive
2. Trump: "Mr. Too Late" Fed Chairman Powell must cut interest rates now
📈 Market analysis:
The ADP data is significantly bullish, but we cannot rule out that this is an illusion created by the market, because although the daily line has formed a golden cross, it has not fully released the bullish momentum, and has not been able to exert force in the bullish upward trend. Therefore, I prefer to go long at a low position in the US market rather than chasing it immediately. At the same time, the upper 3365 may become a short-term strong pressure level. If the gold price encounters resistance here, the US market will usher in a retracement, and then it will be our time to go long.
🏅 Trading strategies:
SELL 3360-3365
TP 3340-3330
BUY 3330-3317
TP 3360-3370-3400
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 FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
Gold Technical Analysis - Bearish Reversal Confirmed?Gold (XAU/USD) is trading around $3,270 area, exhibiting a bearish trend influenced by technical breakdowns and macroeconomic factors. Gold is currently under pressure, with technical and fundamental factors aligning to suggest potential for further declines. Traders should monitor key support levels and upcoming economic data releases for signs of a reversal or continuation of the bearish trend.
📉 Technical Analysis
Gold has declined from recent highs near $3,370 , indicating a loss of bullish momentum.
The price has broken below the $3,280–$3,295 support zone, now acting as resistance, suggesting potential for further downside.
Key Support and Resistance Levels:
Resistance:
$3,280–$3,295: Immediate resistance zone.
$3,300–$3,310: Critical resistance area; a breakout above could indicate a bullish reversal.
Support:
$3,240–$3,245: Current support zone; a drop below may lead to further declines.
$3,200: Psychological support level; breaching this could accelerate bearish momentum.
🌐 Fundamental Factors
The U.S. dollar has strengthened due to the Federal Reserve's cautious stance on rate cuts, making gold less attractive as a non-yielding asset.
Economic Data:
Upcoming U.S. GDP and PCE data releases are anticipated to influence gold prices, with strong data potentially exerting further downward pressure.
Note
Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
Gold Continues to Rise as USD Weakens📊 Market Overview:
Gold prices are rebounding slightly after a pullback from a four-week high. The weakening USD, driven by concerns over US-China trade tensions and upcoming employment data, has bolstered safe-haven demand for gold.
📉 Technical Analysis:
• Key Resistance: $3,365 – $3,377
• Nearest Support: $3,320 – $3,290
• EMA 09: Price is above the 09 EMA, indicating a short-term uptrend.
• RSI: The RSI on the H4 timeframe is at 64.06, suggesting bullish momentum with room before reaching overbought territory
📌 Outlook:
Gold may continue its short-term rise if the USD remains weak and US employment data falls short of expectations.
💡 Suggested Trading Strategy:
SELL XAU/USD at: $3,377
o 🎯 TP: $3,357
o ❌ SL: $3,387
BUY XAU/USD at: $3,290
o 🎯 TP: $3,310
o ❌ SL: $3,280
Hammer time on DailyThe question is the same "where the price is heading?" well... first of all you have to look in many dimentions and what i am exposing here is: what did it do the last 2 times price reached 380$ far away from 200 ema on daily chart is a corrective wave! as one of the most "must be aware" theory is... "too far - too fast, lead to correction"
I am a long term trader i mainly trade swings on the spots i think that will make a U-turn on large time frames with confirmations on lower time-frames and i stick/trade based on the main plan on the large timeframe and we do see in 1h-2h that it's on a sideway so these are 2 tipes of confirmations and now is up to you to find a 3rd confirmation... my idea is sell it - hold it! small lot + time is the formula of swings.
Gold is testing support
On the first trading day of June, gold and silver both rose sharply, especially silver, which rose by more than 5% in a single day and set a new high this year. Next, silver may be the main field.
In the short term, the market is affected by the ever-changing tariffs and tense geopolitical situation, which has led to the resurgence of risk aversion and pushed up the gold price.
As for silver, the long-suppressed emotions finally broke out. After the gold price rose continuously to a record high, only silver did not rise. I have repeatedly emphasized in the article that looking at the entire macroeconomic fundamentals, the factors supporting gold to rise first and silver to continue to rise are relatively clear.
The world's largest gold ETF has increased its holdings for two consecutive trading days, and silver has increased its holdings for six consecutive trading days. Such continuous increase in holdings is relatively rare, and it can also drive the positive sentiment of the market and increase buying power. Therefore, as far as silver is concerned, the rise is far from over.
Gold held its gains after yesterday's surge. The daily line recorded a real big positive, and the price remained above the moving average of each period. The upper Bollinger upper rail was suppressed. Fortunately, the short-term indicators continued to maintain an upward trend, which was in line with the K-line trend. The daily line tended to be bullish.
Due to yesterday's excessive increase and no data and events to support it today, the momentum for continued rise was insufficient, and the retracement was normal. However, the idea of falling back and then bullish remained unchanged.
So far, the gold price has fallen back to the low of 3350, which is regarded as an effective technical support. If this level is broken, the support below will be in the 3330-3325 area. During the stable period, it will wait for the further support area below the fall to intervene in the long bullish position. The pressure is at the first target of 3380 and the second target is at the 3400 mark.
Gold remains up at the beginning of this week
📌 Gold Consulting
Gold prices rose sharply on Monday, reaching their highest level in more than four weeks, affected by the escalation of geopolitical risks caused by the conflict between Russia and Ukraine. The re-escalation of trade tensions between China and the United States prompted investors to buy gold throughout the day. As of this writing, XAU/USD is trading at $3,377, up 2.70%.
Market sentiment turned sour on news that Ukraine launched an airstrike against Russia, destroying long-range bombers and other aircraft. Meanwhile, US President Trump doubled the tariffs on steel and aluminum imports to 50%, effective June 4, and his remarks against China led to a decline in US and global stock markets. CNBC
Reports said that Trump and Chinese President Xi Jinping may talk this week, but not on Monday.
📊Comment Analysis
Gold prices maintained their upward momentum at the beginning of this week, but tariff tensions and war with Russia remain unpredictable. Gold prices are supported and will return to the 3400 area.
💰Strategy Package
🔥Sell Gold Zone: 3409-3411 SL 3416
TP1: $3400
TP2: $3388
TP3: $3372
🔥Buy Gold Zone: $3313-$3315 SL $3308
TP1: $3327
TP2: $3340
TP3: $3355
⭐️ 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 Channel Rejection ZoneGold (XAUUSD) remains in a strong long-term uptrend, respecting a well-defined ascending channel on the weekly timeframe. Price is currently testing the upper boundary of this channel, suggesting potential exhaustion near the resistance zone.
A bearish rejection from this area could trigger a corrective move toward the lower boundary of the channel, aligning with a healthy pullback in an overall bullish structure. The chart also highlights a clear risk-to-reward setup, with a stop loss positioned above the recent highs and a target toward channel support.
As long as price remains below the channel top, downside pressure is likely in the incoming weeks. A confirmed breakout above the channel, however, would invalidate the bearish move and signal continuation of the bullish momentum.
Stop loss: 3443
Take profit: Around 2895 ( EMA 200 Daily )
XAUUSD H1 Outlook – Monday, June 2, 2025“Equilibrium Loading — Breakout or Breakdown?”
👋 Welcome back traders — let’s decode the H1 battlefield together.
Gold is currently consolidating just under the 3290–3300 magnet, after a slow Friday close. The chart shows clear lower highs and rejection from premium, with multiple CHoCHs confirming bearish intent. However, price hasn’t fully broken below key H1 structure yet, holding just above equilibrium support.
We’re sitting in a coiled market — liquidity has built on both sides. Monday will likely give us the breakout.
🔹 Current Bias
🔻 Bearish bias while under 3308
📉 Structure shows CHoCH → BOS → LH, all under premium
🧭 Price is compressing between 3300 resistance and 3270 support
🔹 Refined Structural Zones (Realistic Width)
🔺 Key Resistance Zones (Upside)
Zone Price Range Context
🔺 Minor OB Rejection 3295 – 3308 Local OB + premium zone → first reaction area
🔺 Inducement Trap 3315 – 3335 Clean liquidity pocket → likely wick spike trap if retested
🔺 Extended Premium Zone 3340 – 3360 Final resistance from May → only valid if HH breaks
🔻 Key Support Zones (Downside)
Zone Price Range Context
🔹 Equilibrium Hold 3270 – 3250 Current floor. If broken, momentum shifts hard down
🔻 CHoCH + FVG Fill 3235 – 3212 BOS zone + inefficiency. Logical sell-side draw
🔵 Discount Demand Zone 3185 – 3160 Last HL + OB. Major reaction zone for swing reentry
🔹 EMA Flow (Momentum Outlook)
❗ Price is below all EMAs (5/21/50/100/200) = bearish stacked pressure
EMA100/200 are bending — momentum is confirming bearish tilt
Only a sharp move above 3308 will flip momentum short-term
🧠 Tactical Scenarios for Monday:
🔻 Sell Bias Active:
Rejection from 3295–3308 = possible LH → short down to 3250
Break of 3250 → continuation leg toward 3212 and 3185
🔁 Trap and Flip (Low Probability):
Price breaks above 3308 and holds → possible squeeze into 3335
Confirm with BOS + bullish PA on M15-H1
🔚 Summary:
Gold on H1 is coiled tightly inside mid-premium, and structure is now pointing slightly bearish. If we stay under 3308, the path of least resistance is down. If bulls trap sellers and break above, 3335 becomes the target.
Let price reveal its intent — you trade from clean structure, not from bias.
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👍 Like if you're waiting for confirmation before reacting
👇 Comment below: Will we flush into 3212 — or spike 3335 first?
See you in the charts.
— GoldFxMinds
Gold Declines as PCE Inflation Data Cools📊 Market Overview:
Gold is currently trading around $3,289/oz, down from the day's high of $3,322. This decline follows the U.S. PCE inflation data showing a 2.1% annual increase in April, below the forecast of 2.2% and March's 2.3%. Core PCE also rose 0.1% monthly and 2.5% annually, the lowest since early 2021.
📉 Technical Analysis:
• Key Resistance: $3,310 – $3,330
• Nearest Support: $3,270
• EMA: Price is currently below the 09 EMA, indicating a short-term downtrend.
• RSI Indicator: The RSI is declining, signaling increasing selling pressure.
• Candlestick Pattern: A bearish candlestick pattern has formed after failing to break above the $3,330 resistance zone.
📌 Outlook:
If gold fails to hold the $3,270 support level, it may continue to decline towards $3,250. However, maintaining above $3,270 could see a rebound towards the $3,300 – $3,310 range.
💡Suggested Trade Strategy:
SELL XAU/USD at: $3,310 – $3,315
🎯 TP: $3,290
❌ SL: $3,320
BUY XAU/USD at: $3,270
🎯 TP: $3,290
❌ SL: $3,260
European session focuses on 3312 to accelerate the opening of th
Today, I still treat it as bearish. The market rebounded to 3322 and then started to fall, which is different from our expectations. The retracement and decline accelerated after breaking 3312. The current lowest is 3290. The main bearish idea is correct, but there is still room for decline. Now let me tell you about today's risk data!
On Friday, the U.S. Bureau of Economic Analysis will release the personal consumption expenditure (PCE) price index for April. As the most favored inflation indicator of the Federal Reserve, the year-on-year change of the core PCE price index has a greater impact on policymakers.
If the data is released today, the core PCE price index in April will rise faster than expected. The direct reaction of the market may lead investors to prefer the policy interest rate to remain unchanged in July. In this case, the US dollar may gather strength, causing gold prices to fall before the weekend.
A view on the trend of gold in the European session
Gold opened today with a maximum rise of 3322 and then started to fall. As of now, the lowest price has retreated to 3290. At present, it is not ruled out that gold will fluctuate widely, but my view on the trend is still biased towards the short side. Today's accelerated opening is at 3312. The current rebound strength still depends on the strength of the European session. In the European session, we should first focus on the 3312 line. If there is pressure, we will still look down to 3280! Otherwise, we have to test the high point of the opening above.
But if the European session directly breaks through the 3280 line, there is still room for decline, and the support is at the 3260-50 line. In addition, today is the last day of the monthly line closing, and the range of fluctuations has not yet left. If there is no suitable entry opportunity, just wait patiently. In my personal opinion, if the closing is below 3320, June is still short for the time being.
Gold: Short near 3212, defense above 20, target 3280, break to see 60 line!
It seems calm, but there are actually undercurrents!Today, the monthly, weekly and daily lines closed simultaneously. At the same time, the PCE data will be released during the US trading session, and the market volatility may intensify.
From a technical point of view, 3285 is also the key to long and short today. If gold does not break 3285 today, the strength of gold bulls is expected to continue, and there is still room for gold to move upward. If gold continues to fall and falls below 3285, then gold may begin to fluctuate in a large range. The upper resistance is in the 3320-3330 area, and the focus is on the 3335-3340 line of suppression. Pay attention to the 3290-3285 line of support below, and the key position below is in the 3280 area. If it breaks below the 3280 area during the day, the market is expected to fall again to the 3265-3250-3240 area.
XAUUSD SHORTThis chart appears to be a technical analysis setup for **Gold (XAU/USD)** on the **15-minute timeframe**, using **Heikin Ashi candles**.
Here's a breakdown of what’s visible:
### **1. Price Action:**
* The chart is trading within a **descending channel** (highlighted by the dotted white trendlines).
* **Resistance levels** are marked at:
* 3366.015
* 3331.470
* **Support zone** around: 3245.560
* The price is currently around **3291.690**, testing the lower region of a recent consolidation zone or distribution area.
### **2. Indicators:**
#### a. **RSI (Middle Panel):**
* RSI is around **41.552**, suggesting mild bearish momentum but not yet oversold.
* RSI is not giving a strong divergence signal at this moment.
#### b. **MACD or Custom Oscillator (Bottom Panel):**
* Appears to be a custom oscillator with histogram + signal cross system.
* Red and green dots possibly indicate buy/sell signals.
* Currently showing **bearish pressure** as histogram and signal lines are below zero with red dots (sell signal confirmation).
### **3. Trade Setup:**
* The red and green box overlay suggests an **active short trade** setup:
* Entry near **3291.690**
* Stop-loss zone near **3331–3335**
* Take-profit zone extending well below **3245**, likely near **3188.498–3189.980**
### **4. Signal Arrows (Blue Up / Red Down):**
* These are likely part of an indicator marking **swing highs/lows or reversal points**.
* More red arrows recently suggest bearish short-term sentiment.
---
### 🧠 **Interpretation:**
* The chart shows a **bearish bias** with a short position in play.
* Price is within a downward channel and rejected the resistance area.
* Oscillators and RSI support further downside unless a strong reversal occurs.
Gold 1M & 15M Bearish Breaker Block Setup, Targeting 3,202 ZoneI’ve marked a bearish breaker block on the 1-minute chart (3,316–3,319), also visible on the 15M timeframe.
✅ Last bullish push before the sharp downside breakout.
✅ Price retested this zone, wicked through it, and then sold off aggressively — reinforcing bearish order flow and the potential for deeper downside.
I’m tracking this move as the final C wave of an ABC corrective pattern.
✅ The C wave started from the 3,319 high and is unfolding in a 5-wave substructure.
✅ 1-Minute breaker block around 3,316–3,319 — I’m watching for rejection here, which aligns with the 0.618 Fib retracement as an estimated end of wave 2.
✅ My current expectation: wave (3) and (5) of C could extend lower to the 3,256–3,202 zone.
🧩 Key Confluences:
Bearish breaker block rejection
15M downtrend structure remains intact
#XAUUSD #gold #forex #elliottwave #bearishbreakerblock #orderflow #priceaction
Gold awaits tariff volatility!
📌 Driving Events
Gold rebounded from a weekly low near $3,245 and broke through the $3,300 mark on Thursday, boosted by optimism following a weaker-than-expected U.S. jobs report and a U.S. court ruling halting President Trump's proposed tariffs.
Gold fell on Friday as the dollar rose slightly, while investors await a U.S. inflation report that could provide further insights into the Fed's policy trajectory.
📊 Commentary Analysis
The market continued to fall for an hour, fluctuating back and forth, lacking continuity - it rose yesterday and fell today. Gold rebounded above $3,320 in early trading before retreating. On the weekly and daily charts, the trend is still dominated by range fluctuations rather than unilateral gains or losses.
I think shorting gold should be considered today, with support below at $3,280-3,270-3,260. However, prices may struggle to make new lows. As today is the monthly close, large fluctuations suggest that we should avoid chasing ups and downs.
💰Strategy plan
XAUUSD
Sell: 3330-3320-3310
tp: 3300-3290-3280
The end of the triple cycle faces a big test of data
Today is the closing of the monthly, weekly and daily lines, and the PCE data will be released, so the market volatility may increase. Looking at the four-hour level of gold, the downward trend line remains intact. As time goes by, the suppression level has also come to around 3345. In view of the fact that the rebound of 3245 at 3330 is blocked and moves downward, today's Asia-Europe session strategy focuses on the continuation of the downward trend; at the hourly level, the last high point of 3365 has been trading below the trend line since the decline. Yesterday's high broke the trend line, but today's opening fell below 3308, so the short-term trend has returned to the short position again. Therefore, today is still bearish, short-selling ideas.
The specific operation is to intervene in short positions below 3310, with a short-term target of around 3278; wait for a rebound near 3288 and short again to look at the target of 3245; mid-term operations can directly focus on the 3245 position, followed by the 3200 mark.