GOLD D1 chart update for the 26-30 May weekkindly read level carefully as market on it's way to ATH but keep in mind downside some major retracements are remains pending
Right all eyes on 3330 level if market successfully sustain below 3330 then it will definitely move towards 3300 or even 3280 and then 3250
Main levels for the week 3400 \ 3250 \ 3308
Goldsell
Gold Rises on Tariff News, But Caution NeededGold prices surged after the U.S. President announced a 50% tariff on EU imports, triggering safe-haven demand. However, analysts warn that this may be a short-term FOMO reaction rather than the start of a sustainable rally.
📰 Key Drivers:
- The tariff announcement spooked markets, boosting gold temporarily.
- The U.S. dollar dipped slightly, but bond yields remain high – a bearish sign for gold.
- No immediate EU retaliation weakens the long-term bullish case.
🔍 Technical Outlook:
- Resistance: $3350 – being tested but not yet clearly broken.
- Support: $3310 – may be revisited if upward momentum fades.
- EMA 09: Price remains above, but fading volume and long upper wick suggest weakening strength.
- Price Action: Sharp move looks emotion-driven; correction likely if no follow-up catalyst appears.
📉 Short-Term View:
Despite the surge, gold’s rise may be temporary. If no escalation occurs, a short-term pullback is likely as markets reassess the impact.
💡 Suggested Trade Setup (Short-Term Bearish):
SELL XAU/USD at 3345 – 3350
🎯 TP: 3330
❌ SL: 3355
BUY XAU/USD at 3310 – 3312
🎯 TP: 3325 – 3327
❌ SL: 3305
Gold can be shorted near 3365-3370 in the US market
📌 Driving Events
Gold prices fell about 0.48% on Thursday, retreating from a two-week high of $3,345 and falling below the key $3,300 level. Although U.S. Treasury yields retreated from intraday highs, the renewed strength of the U.S. dollar still pushed gold prices down. The pressure on gold intensified after the U.S. House of Representatives passed President Trump's budget proposal, which is now submitted to the Senate for final approval. At the time of writing, XAU/USD was trading at $3,289, down 0.83% on the day. Although the market sentiment has rebounded slightly, it remains fragile after Moody's recently downgraded the U.S. sovereign debt rating. The fiscal package approved by the House of Representatives is expected to increase the national debt ceiling by a staggering $4 trillion, which has exacerbated concerns about long-term fiscal sustainability.
📊Comment Analysis
Gold is now facing strong resistance and buying power is weakening.
💰Strategy Package
🔥Sell Gold Zone: 3365- 3370 SL 3375
TP1: $3350
TP2: $3335
TP3: $3320
⭐️ 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
Plan ahead Sell high and buy low to take the lead.Yesterday, the technical side of gold rose first and then fell. We directly arranged 3327 long orders to take profit and exit at 3340. After further accelerating to break through the 3345 mark, it fell under pressure and fell rapidly. We also successfully shorted at 3341, and the target successfully reached 3330-20. The European session continued to fall and broke through the 3300 mark and continued to fall to around 3280 to stabilize and rebound. We went long at 3280, and the target was 3300-3306. The daily K-line closed at a high and fell back to oscillate in the middle. The overall gold price was suppressed and oscillated at the 3345 mark in the short term. Yesterday's three orders also reached the take-profit target as expected.
From the 4-hour market analysis, today's upper short-term resistance is around 3315-3320. If the upper pressure 3315-3320 is not broken, shorting can also be done. Focus on yesterday's high pressure of 3345. The support level below is still 3280-3275. If it breaks down, pay attention to 3255-3250. Continue to rely on this range to maintain the main tone of high-altitude low-multiple cycles during the day. Observe more and move less in the middle position, be cautious in chasing orders, and wait patiently for key points to enter the market.
Operation suggestions:
1. Go long when gold falls back to 3285-3275, and look up to 3300 and 3315.
2. Go short when gold rebounds to 3340-3345, and look down to 3325 and 3315.
PMI Boosts USD but Caution Lingers Ahead of Fed DecisionOANDA:XAUUSD TVC:GOLD The recent release of stronger-than-expected S&P Global PMIs in the U.S. has offered short-term support to the dollar, pressuring gold from intraday highs. Manufacturing and services PMIs both improved to 52.3 in May, fueling speculation that the U.S. economy may still be resilient despite persistent concerns over Trump's proposed tax reforms and renewed tariffs.
Still, market sentiment remains cautious. While Wall Street recovered slightly, it continues to post weekly losses. Investors are balancing upbeat data with longer-term risks — including a potential economic slowdown triggered by aggressive fiscal tightening and global demand headwinds.
With the FOMC meeting approaching (June 17–18), gold traders are likely to remain reactive to macroeconomic signals. Any dovish shift or mention of a potential rate cut timeline could reignite demand for non-yielding assets like gold. Until then, price action around the $3,289 support and the Quasimodo pattern will be crucial for short-term direction.
Resistance : $3,319 , $3,343
Support : $3,289 , $3,239
Gold Remains Under Pressure – Further Decline Likely Not OverGold has touched the key support level at $3290/oz as expected and is now hovering around $3295, indicating that the downward momentum remains intact. Recent U.S. economic data has been positive for the U.S. dollar, adding to short-term pressure on gold.
➡️ The strong data reinforces the Fed’s hawkish stance , increasing expectations that interest rates will remain elevated for longer. As a result, both the U.S. dollar and Treasury yields have risen, weighing heavily on gold prices.
🔍 Technical Analysis:
• Price is tracking below the EMA 09 , suggesting the downtrend is still in play.
• The $3290 support has been tested; a break below this level could open the door to the next target at $3225.
• A consistent bearish candlestick pattern shows no clear signs of reversal.
• Lack of strong buying interest at current levels suggests further downside is likely.
💡 Suggested Trade Strategy (Short-Term Bias: Bearish):
• SELL XAU/USD in the $3294 – $3297 zone
🎯 TP1: $3275
🎯 TP2: $3225
❌ SL: $3305
• BUY XAU/USD only if price pulls back to the $3225 zone with clear support signals
🎯 TP: $3260 – $3270
❌ SL: $3210
Intraday volatility,there is still chance to go long on pullback🗞News side:
1. The situation in Israel escalates
2. Initial jobless claims data
📈Technical aspects:
Influenced by recent news, gold showed a volatile rebound trend. Gold continued to rise in the early Asian session, r OANDA:XAUUSD eaching a high of around 3345. The 3290-3300 level below has absolute support in the short term. As long as it does not fall below 3290, you can go long at 3290-3300. In the 4H cycle, the Bollinger opening and the moving average diverge upwards. The upward momentum is sufficient, and it is not easy to guess the top. Pay attention to the 3310-3300 line of support below, and pay attention to the suppression of the 3340-3350 area above. If the gold price stabilizes at 3350, it is expected to further explore the resistance of 3360-3370. If the European session falls into volatility, maintain the range of high selling and low buying, and consider going long when it retreats to the support level of 3320-3310.
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
Gold Shows Clear Signs of Weakness – Short-Term Downtrend LikelyGold is showing clear signs of weakness after failing to break the strong resistance level at $3350/oz. Bullish momentum has faded as gold broke below the $3325 support and continued its decline, now trading around $3310. Current technical signals indicate that the downtrend remains dominant, and there is a high probability that gold will continue correcting toward the $3290 support level, possibly even testing the $3225 area if the bearish pressure persists.
📰 Key Economic Data Scheduled for Today (U.S.):
• Unemployment Claims
• Flash Manufacturing PMI
• Flash Services PMI
These reports could trigger strong short-term volatility, especially if the data is positive and strengthens expectations that the Fed will maintain a tight monetary policy. This scenario could put further downward pressure on gold, as the USD strengthens and Treasury yields rise.
⚠️ Recommendation: Investors are advised to avoid trading during news releases to minimize risk from high volatility.
🔍 Short-Term Technical Analysis:
• Key Resistance: $3350 – remains unbroken, confirming weakening buying power.
• Nearest Support: $3290 – crucial level to monitor if the downtrend continues.
• Deeper Support: $3225 – could be tested if no strong rebound occurs.
• Short-Term EMA: Price is currently below the EMA 09, signaling further downside momentum.
• Bearish Candlestick Pattern: Series of long red candles reinforce the ongoing bearish trend.
💡 Short-Term Trade Scenarios:
SELL XAU/USD Zone : 3325$ - 3328
💰 TP : 3310 - 3313
🚨 SL $3335
BUY XAU/USD Zone: 3288$ - 3290$
💰 TP : 3313 – 3315
🚨 SL $3283
Grasp the core strategy of trend tradingGold continues to be bullish and will go to the area near the gap of 3325. At that time, the short-term may be blocked and fall back. If it breaks, look at the area near 3340-3345. In the 4H cycle, relying on the moving average to support the rising stage, and the Bollinger is in an open state, there is still room to see above. The support for the fall back is to pay attention to the top and bottom of the small cycle of 3285, followed by the low point of 3274, but there will not be too much retracement in the strong position. In terms of operation, the main fall back is long, and gradually look at 3325 and 3345. Shorting can only be entered at key points, and fast in and out without fighting.
Operation suggestion: Go long on gold near 3285-74, look at 3315 and 3325! If it is extremely strong, go long on the support of 3298-3295!
Potential Selling Opportunity on Gold from 3374 level!Hello traders, 👋
I’m closely watching Gold (XAU/USD) for a possible short setup around the 3374 zone, and here’s my breakdown:
📉 Trend Structure:
Gold continues to respect its bearish market structure, consistently forming Lower Highs (LHs) and Lower Lows (LLs) — a clear sign of sellers maintaining control.
📐 Key Confluence at 3374:
Price is currently retracing toward a descending trendline that perfectly aligns with the 78.6% Fibonacci retracement level, drawn from the previous swing highs. This confluence zone strengthens the case for a potential reversal.
📍 Sell Zone:
I’m watching the 3360–3380 region, with 3374 being my preferred level to look for entries.
Entry Confirmation:
Before executing a trade, I’ll be waiting for:
A bearish engulfing candle
A bearish breaker block
Or a strong rejection pin bar on the lower timeframes
🎯 Targets:
TP1: 3321
TP2: 3253
TP3: 3210
🔒 Risk management is key – always wait for confirmation before entering!
Let me know what you think in the comments — agree or disagree? 👇
Trade safe and stay sharp!
Trend trading is the core strategyGold opened at 3290 and rebounded, reaching 3314 and retreating. Last night, gold broke through the box and oscillated, so it is reasonable to continue to move up. The gold moving average continues to cross upward and diverge. The strength of gold bulls is still there. The decline of gold is an opportunity to continue to go long. Gold is now at the top and bottom conversion position of 3275-85. Gold falls back to 3275-3285 and continues to go long. Gold has repaired the gap of the previous gap. In the short term, pay attention to the suppression of 3315-21. Try not to chase the high position. We will intervene in the long position when it falls back.
Today, the support below is around 3275-85, and the upper short-term focus is on the 3315-21 line. If it does not break, you can short. The important resistance is 3340-45. The short-term long-short strength and weakness watershed is 3253-60. The daily level stabilizes above this position and continues to maintain the same low-long rhythm. Shorting can only enter the market at key points, and enter and exit quickly, and do not fight.
Gold operation strategy:
1. Go long when gold falls back to around 3275-85, with a target of 3300-3320.
2. Go short when gold rebounds around 3340-45, with a target of 3320-3300.
Gold price suddenly rises, how to get out of the trap at night🗞News side:
1. Humanitarian crisis in Gaza Strip, many civilians injured. I hope that world peace is all right
2. The call between the Russian and Ukrainian leaders is still ongoing
📈Technical aspects:
After gold fell back after touching 3250, it rose again and has broken through to around 3270. This rapid rise was unexpected. Although the 1H moving average turned upward, the gold price is currently consolidating at a high level. It is not suitable for us to enter the market at this time. We should remain on the sidelines and pay attention to the pressure at 3290 above. The short-term support below needs to pay attention to 3250-2540.
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.
OANDA:XAUUSD FX:XAUUSD TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD
Momentum shift: bulls take control with the clean break outAfter a consolidation and indecision phase, price eventually broke out of the range with good bullish momentum, signifying a probable continuation of the trend. The breakout candle closed above the resistance level, making it a new support area (entry zone). This is in line with prior structure and volume accumulation.
Entry Zone: 3,258 – 3,261
Stop Loss (SL): Below 3,255 to guard against false breaks
Take Profit 1 (TP1): 3,264 (important resistance re-test)
Take Profit 2 (TP2): 3,267 (former swing high)
This setup has a good risk-reward and is consistent with the sentiment after a liquidity pull from lower levels.
Reminder: Wait for a small retracement or confirmation prior to entry to minimize drawdown. Suitable for breakout traders who want to capture momentum early.
Gold price fluctuates, 3200 becomes a key watershed🗞News side:
1. Yesterday, Russia and Ukraine had a positive development on the issue of war and peace
2. The situation in Israel has become more serious
3. The United States and the European Union have further negotiations on tariffs
📈Technical aspects:
At present, gold is in a volatile situation in the short term. From a technical point of view, the monthly chart of gold shows an upward trend, and the long-term trend is neutral to bullish; the weekly chart is in a high-level stagflation situation, and the medium-term trend is expected to be a stagflation correction; the daily MACD top divergence, there may be a rebound demand in the short term, and the 4H forms a double top suppression near 3250. We need to pay attention to the range breakthrough trend during the day. At the same time, on the news front, the situation in Israel is becoming increasingly serious. Before any major news comes out, we will focus on the support effect of the 3200 line in the short term, and focus on the 3240-3250 resistance range on the upside.
🎁BUY 3210-3200
🎁TP 3230-3250
🎁SELL 3242-3250
🎁TP 3230-3210
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
Fed Signals No Rate Cuts Until Sept – Gold Under PressureFed’s Interest Rate Outlook:
- Two senior Federal Reserve officials – New York Fed President John Williams and Atlanta Fed President Raphael Bostic – signaled that the Fed is unlikely to cut interest rates before September 2025.
- The Fed needs more time to assess the economic impact of new trade policies from the Trump administration.
- Trade tariffs and ongoing negotiations are creating major uncertainties, making it difficult for businesses and households to plan financially.
- The probability of a rate cut in June has dropped to just 10%, and expected rate cuts for 2025 have been revised down from four to only two.
Impact on Global Gold Prices:
✅ 1. Short-term – Downward Pressure:
Prolonged high interest rates → stronger US dollar → gold prices face downward pressure as gold yields no interest.
🔄 2. Medium-term – Mixed Outlook:
- If trade talks fail and tariffs increase, leading to economic and inflation risks → gold may benefit as a safe-haven asset.
- Conversely, if trade tensions ease and inflation stays under control, expectations for rate cuts will decline further → gold may continue facing selling pressure.
💡 Short-Term Trade Scenarios:
SELL XAU/USD Zone : 3249 - 3252
💰 TP : 3247 – 3242
🚨 SL $3257
BUY XAU/USD Zone: 3190
💰 TP : 3195 – 3200
🚨 SL $3185
XAUUSDHello traders!
Today’s first trade will come from XAUUSD (Gold). While I expect gold to lose a bit of value intraday, I’m still anticipating a long-term bullish move—possibly up to $3,600 in the medium to long term.
🔍 Trade Details:
✔️ Timeframe: 15-Minute
✔️ Risk-to-Reward Ratio: 1:2
✔️ Trade Direction: Sell
✔️ Entry Price: 3217.08
✔️ Take Profit: 3207.13
✔️ Stop Loss: 3222.06
🔔 Disclaimer: This is not financial advice. I’m simply sharing a trade I’m personally taking based on my own methodology. It’s intended purely for educational purposes.
📌 If you're interested in a more systematic and data-driven approach to trading:
💡 Follow the page and turn on notifications to stay updated with future trade ideas and market breakdowns.
Gold Trends and Trading StrategiesThe gold market continued to fluctuate yesterday, and the price was repeatedly under pressure at the key position of 3250. At the weekly level, gold prices tried to rebound after bottoming out on Friday, but the upper short-term moving average formed technical suppression, and the daily line closed with a cross star with long upper and lower shadows, and the long-short game was fierce. From a technical perspective, the 4-hour chart shows a descending channel pattern. The price rebounded after testing the lower track of the channel many times, but it has never effectively broken through the 3250 central axis suppression. The hourly chart shows that the market maintains a rhythm of shock correction. The current daily line has two Yins and one Yang, but it has not effectively broken the previous low. It is expected that the bottoming and rebounding mode may continue today. In terms of operation, it is recommended to pay attention to the 3260-3200 range, and rely on the upper and lower edges of the channel to implement a high-altitude low-multiple strategy.
Gold operation suggestions:
1. Short near the rebound of 3247-3252, target 3230-3220.
2. Go long near the retracement of 3206-3215, target 3230-3245.
Gold fell below 3,200 today?
📌 Driving Events
In early Asian trading on Tuesday, gold prices (XAU/USD) fell slightly to around $3,230, affected by a slight rebound in the US dollar (USD). However, continued concerns about the health of the US economy - especially after Moody's recent credit rating downgrade - may help limit further downside for precious metals. The rebound in the US dollar has curbed the upward momentum of dollar-denominated assets such as gold. Nevertheless, heightened economic uncertainty is still supporting safe-haven demand. Moody's downgraded the US sovereign rating from "Aaa" to "Aa1" on Friday, citing its rising debt levels and interest payments that have exceeded other similarly rated countries. These developments have kept risk sentiment fragile and provided potential support for gold prices.
📊Comment Analysis
Accumulating along the upper and lower trend lines, the gold price will break out and require more liquidity than the downward trend
💰Strategy Package
🔥Sell Gold Zone: 3224-3226 SL 3230 Scalping
TP1: $3215
TP2: $3208
TP3: $3200
🔥Sell Gold Zone: 3276-3278 SL 3283 Scalping
TP1: $3260
TP2: $3250
TP3: $3240
🔥Buy Gold Zone: $3152 - $3150 SL $3145
TP1: $3165
TP2: $3180
TP3: $3195
⭐️ 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
Beware of a sharp surge at the beginning of the week!🗞News side:
1. The India-Pakistan conflict has been eased, but India has increased its troops in Kashmir
2. The situation between Russia and Ukraine has escalated again
3. Trump has asked Walmart to absorb the impact of tariffs on its own
📈Technical aspects:
Gold jumped higher in the Asian session in the morning and once tested the 3250 resistance line. In the short term, the upward space is limited and there is a certain suppression. At present, gold is testing the 3210-3200 support level again. Judging from the 4H chart, if the gold price breaks through this short-term support level, it is likely to go to the 3170 level next, or even test the strong support level of 3150. If it gets effective support at 3210-3200, gold may test the resistance area again. Therefore, in the short-term trading in the Asia and Europe sessions, maintain the high-level short-selling and low-level long-selling cycle to participate. On the upside, focus on the 3250-3260 resistance area. If it breaks through, it is expected to look towards the 3300 line. On the downside, focus on the 3210-3200 support line. If it breaks through this support, look to the 3170-3150 important support.
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
It’s the right time to shortUS President Trump recently criticized Fed Chairman Powell again, calling him "slow to act" and emphasizing that the Fed should cut interest rates as soon as possible to support the economy. Trump believes that delaying interest rate cuts may lead to the risk of recession in the US economy, but the Fed still takes inflation and employment data as the core of decision-making, and the two sides have obvious differences in policy positions.
At present, the Fed's interest rate cut expectations have been postponed and the magnitude has been reduced. Coupled with the expectation of rising US bond yields, the gold market sentiment has weakened. The world's largest gold ETF recently reduced its holdings by 8.98 tons to 918.73 tons, reflecting the cooling of institutions' short-term bullish enthusiasm for gold. Technically, gold prices continued to weaken after breaking through key support last week, and the weekly closing was negative, suggesting that shorts were dominant; the daily level was constrained by the 20-day moving average, and the volatile downward trend may continue in the short term. Focus on the 3250-3265 line resistance during the day. If it cannot break through, the $3,200 mark below may face a test.
Gold recommendation: short sell when it rebounds to 3245-3252 range. Target 3230-3220.