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Gold falls below $3,300International gold prices are currently trading around $3,290/ounce, down $40 from last week and far from the record high of $3,500. The bearish structure still prevails as gold is below the EMA34 and EMA89, while failing many times to regain the $3,300 mark. Strong profit-taking pressure, a recovering USD and rising bond yields are dragging gold prices down, despite the previous optimistic expectations from the Kitco survey. If gold continues to weaken below $3,300, it could head towards $3,250, deeper into the $3,200–$3,220 range. Conversely, only when it surpasses $3,320 will the downtrend be challenged. Short-term strategy: Prioritize selling when gold recovers weakly.
OANDA:XAUUSD
by vandogeve
THE KOG REPORT THE KOG REPORT: In last week’s KOG Report we said we would be looking for the price to continue upside into the region given which gave us a fantastic capture for the start of the week. We then had to adapt as the bias level and targets on the red box indi changed suggesting more upside. We continued to complete all our bias above targets as well as Excalibur and LiTE giving us 100% again for the week! It wasn’t easy as it sounds, it took a lot of work and constant monitoring but the pip capture on gold was out of this world and well worth it! So, what can we expect from the week ahead? For this week we seem to be creating a DB on the 4hr chart which entails caution. We have resistance just above at the 3330-35 with extension 3240-45 region which if attacked and rejected in the early session could give the potential short trade into the support level 3295-8 which is the key level that needs to break for us to go lower. There is a lot of liquidity above, especially those who like us shorted and held trades from the 3450 levels so the bias this week changes to the 3350-55 level, break above and we will confirm the move higher, otherwise, our thoughts are a test is likely on the high but we would like to get that long from lower to again create a new ATH. Let’s see how we open, these markets need to be adapted to every day so making long terms plans as intra-day traders isn’t on our agenda at the moment. The market is giving short term, so why not take advantage of the conditions while they last. Potential for gaps on open so please be careful, we’re on red boxes and extreme levels only. RED BOXES INDI LEVELS: Break above 3320 for 3327, 3330, 3335, 3345, 3347 and above that 3362 in extension of the move Break below 3310, for 3306, 3297, 3295, 3280, 3266 and 3255 in extension of the move Even the scalping levels are HUGE! Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
30
XAUUSD - Gold trend reversed?!Gold is trading below the EMA200 and EMA50 on the hourly timeframe and is in the specified pattern. The continuation of gold's movement depends on the breakdown of one of the two established trend lines, and after a valid breakdown, we expect to reach the established targets. In recent weeks, gold prices have experienced significant volatility. This precious metal, long regarded as a safe-haven asset during periods of economic uncertainty, faced a decline in Monday’s trading session. The primary reason behind this drop was signs of easing trade tensions between the United States and China, leading to decreased demand for safe assets. This decline occurred while investors awaited clarity regarding ongoing trade negotiations between the two countries. Last week, media reports indicated that China exempted some American imports from 125% tariffs, signaling a reduction in bilateral tensions. In response, Donald Trump stated that trade talks were underway; however, this claim was rejected by China. Additionally, the U.S. Treasury Secretary announced that he was unaware of any active negotiations, further fueling market doubts. According to a recent Federal Reserve survey, participants cited the outflow of foreign capital from U.S. assets and a decline in the dollar’s value as potential new economic shocks. Some respondents believed that increased tariffs might only cause limited market disruptions. The survey indicated that despite market turmoil in April, prices remained elevated relative to fundamental indicators. Meanwhile, investors were closely awaiting key U.S. economic data set to be released over the coming week. While the previous week was relatively quiet in terms of economic indicators, market focus has shifted toward a series of critical U.S. employment reports. These include the Job Openings and Labor Turnover Survey (JOLTS) on Tuesday, the ADP private-sector employment report on Wednesday, and weekly jobless claims on Thursday—all paving the way for the most crucial event of the week: the April Non-Farm Payrolls (NFP) report, to be released Friday morning. Beyond these reports, several major events are scheduled in the economic calendar: Canada’s federal election on Monday, the U.S. Consumer Confidence Index on Tuesday, preliminary first-quarter GDP data, pending home sales figures, and the Bank of Japan’s monetary policy decision on Wednesday, followed by the U.S. ISM Manufacturing PMI on Thursday—all of which could impact market sentiment. On another front, the China Gold Association reported that gold consumption fell by 5.96% in the first quarter of 2025, reaching 290,492 tons. Although gold jewelry demand declined by 26.85%, investment-related gold demand surged by 29.81%, reflecting investors’ pursuit of safe assets amid economic and geopolitical uncertainty. Domestic gold production in China increased by 1.49%, and assets held in gold ETFs rose sharply by 327.73%, indicating heightened financial caution among Chinese consumers in 2025. A recent report from Goldman Sachs suggests that the downward trend of the U.S. dollar is far from over and that the currency remains significantly overvalued. Jan Hatzius, the bank’s chief economist, stated that despite the dollar’s recent 5% drop, it still stands roughly two standard deviations above its long-term real average since 1973. Historically, such levels have marked the beginning of multi-year correction cycles for the dollar. Similar patterns occurred during the mid-1980s and early 2000s when the U.S. dollar experienced declines of around 25% to 30% following such valuations. Based on this, Goldman Sachs expects a similar scenario to unfold in the coming years. One of the key structural factors fueling this anticipated correction is the portfolio composition of global investors. Specifically, non-U.S. investors hold about $22 trillion worth of assets in the United States, roughly one-third of their total portfolios.Half of these investments are unhedged against currency risk, which could lead to sharp fluctuations in the currency markets if investor sentiment shifts. Goldman Sachs analysts believe that even a modest reallocation of global capital away from U.S. assets could significantly lower the dollar’s value. Therefore, they view the dollar’s gradual yet sustained decline not as a temporary fluctuation, but as a long-term structural trend.
FOREXCOM:XAUUSD
by Ali_PSND
XAUUSD correcting to its 4H MA200.Gold (XAUUSD) has been trading within a Bullish Megaphone pattern since the start of the year. Last week's rejection on its top (Higher Highs trend-line) has resulted into a break below the 4H MA50 (blue trend-line). This has technically been the signal that started the previous 2 Bearish Legs, which both bottomed upon touching the 4H MA200 (orange trend-line) and once the 4H RSI got oversold below 30.00. As a result, we expect more downside, targeting 3160. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSDShort
by TradingShot
Why does it always go against you? You might be new to trading, you may have several years of experience. But, where a lot of people still seem to go wrong is in not realising the relationships. I have posted hundreds of educational posts here on Tradingview from cartoons, trying to simplify techniques through to market relationships between technical systems such as Elliott Wave and Wyckoff. Many new traders fall foul of social media posts covering "SMC - Smart Money Concepts" and are not seasoned enough to appreciate what or why these can work for some and not for others. You have Elliott Wave traders, there is a saying along the lines of "if you put 10 Elliott traders in a room searching for a wave count you will come out with 11 different answers" This isn't to say Elliott doesn't work, nor Smart Money. The market seeks liquidity, it forms seemingly complex patterns that humans try to make sense of. We are great at that, seeing patterns even if they are not there. - Look, there's an upside-down butterfly 1.618 extension! First, you need to appreciate Elliott Wave counts on smaller timeframe are pointless, especially in the age of algo's and bots. However, sentiment on the larger timeframes can't really be spoofed. In this first image; you can see a market wave that is straight out of a textbook. Let's also add some Wyckoff; if you were to visualise this - Wyckoff schematics would be visible on smaller timeframes, the Green boxes represent accumulation and the Red show distribution. Let's overlay and Elliott Wave count - Take that to the next level, this count is only part of a higher fractal count. How does this fit into smart money concepts? well, it's more like - How does Smart Money fit into this? Elliott waves and Wyckoff have been around for over 100 years. Many of the techniques shown on YT video's today can be traced back to these older concepts. Now, if you can see how a 1-2 EW count pushes up for a 3. You can zoom in again and start to see what to expect when trading using SMC. In this image you can see a drop, then a gap as price pushes back up (I haven't bothered drawing wicks for simplicity assume their inside the box) Many traders would now anticipate a move that looks something like this. Only to see price do this Yeah - you're not the only one! The next issue is where and how Supply and Demand is drawn. Ok, the gap didn't hold, it must be the demand level there. GO AGAIN!!! How did that play out? Trade 1, Trade 2 = What about now? Price holds the support This time you are afraid to go in. Then one of two things happens. 1) Or 2) In the first image, we can see a sweep of prior liquidity and that creates momentum for a move up. In the second image, price simply melts away. This is an easy fix. It all comes down to understanding what the charts are trying to tell you. People love to talk about how "Smart Money" is the banks and institutional players - how they are playing against you on every click of the button. The truth is, most people don't understand the market. When larger players enter the market, the can leave a pretty obvious footprint. In addition to that - they leave behind orders they had but were unable to fill. These orders they will be defended with even more buying or selling (if they need to), and this is the premise for a rally and pullback or a drop to pullback. Now, visualise a 1-2 Elliott Wave move. Why do you think 2 often comes back so deep? What would you expect the move from 2-3 to do? Powerful push, yes? In this image, the move that created demand is simply the opposing colour candle before the power play. The significant move pushed up (showing institutional involvement). Hence, a location they will likely defend. In addition to the push up, they pushed with so much money - it created a natural gap. This type of example doesn't always have to be a power play 1-5 up, it could be visualised on pullback moves too. Here's a great example recently on Euro. The demand candle 'buy before the sell" is clearly targeted on the way up. Price fails to close above it, drops, goes back to retest - sweeps and drops. If you were to zoom in you will see on smaller timeframes evidence of a Wyckoff schematic with a UTAD. Add a volume profile there. As the price breaks above, after it's pullback you can see an acceleration in price and of course the area has the PoC. Back to where people go wrong. They will see this GAP created and assume price will come back here to reject and go. However, look closer and the demand that started the move is very near that gap. Where is the juicy liquidity? PoC is another little clue. Let's take this to another level. In this image I have a range, using the prior high just to give the example in this post. We are in an uptrend = we just broke the high, we expect a Pullback. Where would that likely target? Zoom in again. This time I have added a fixed range volume tool. What do you know?! Anyways, once you get a handle on the bigger picture and understand the relationships, you can zoom into any timeframe you like - the game is always the same. Have a great week all! Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principal trader has over 25 years' experience in stocks, ETF's, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Education
by Mayfair_Ventures
1
The Hidden Power of the Silver Bullet Strategy - Full GuideIntroduction The Silver Bullet Strategy is a high-probability intraday trading technique popularized within the Smart Money Concepts community. It focuses on taking precision trades during specific times of the day when liquidity is most active. Mastering this strategy can help traders consistently capture high-quality setups with minimal risk. In this guide, we will cover: - What the Silver Bullet Strategy is - Key Times to Watch - Entry Models - Target Setting - Risk Management - Real Chart Examples --- What is the Silver Bullet Strategy? The Silver Bullet Strategy is based on trading within a "window" of high-probability price action, typically during key liquidity times. It looks to capture moves after liquidity sweeps, order block mitigations, and Fair Value Gap (FVG) plays. Key Principles: - Focuses on high-probability windows (New York session especially) - Waits for a liquidity grab and displacement - Entries are often on FVGs, OBs, or MSS points --- Silver Bullet Timing Windows Timing is crucial to this strategy. The "Silver Bullet" typically occurs in these windows (New York time): - First Window: 10:00 AM - 11:00 AM (New York) - Second Window: 2:00 PM - 3:00 PM (New York) These times capture major moves post-liquidity sweeps or reversals after news/market manipulation. --- Silver Bullet Entry Model The classic sequence for a Silver Bullet setup: 1. Identify Liquidity Sweep: Look for price to grab liquidity above a swing high or below a swing low. 2. Look for Displacement: A strong move away from the sweep, creating a Fair Value Gap (FVG) or Breaker Block. 3. Entry in FVG or OB: Enter on a retracement into the FVG or Order Block after displacement. 4. Confirmation: Use lower timeframe MSS or BOS to confirm the reversal. Liquidity sweep and FVG at the 5m: MSS + Displacement candle at the 1m: So all 4 steps completed! Example Entry Checklist: - Liquidity sweep - Strong displacement creating an FVG - Price retraces into FVG or OB - MSS/BOS confirmation - Execute trade with tight stop-loss --- Where to Set Targets Targets should be logical based on market structure: - First Target: Recent internal liquidity (equal highs/lows) - Second Target: External liquidity zones (major swing highs/lows) - Optional: Use 1R/2R/3R scaling based on risk-to-reward goals --- Risk Management for Silver Bullet Trades Golden Rules: - Risk less than 1% per Silver Bullet setup - Set stop-loss beyond the liquidity sweep (not too tight, not too loose) or above FVG candle - Stick to one or two trades per window maximum - Avoid revenge trading outside the windows --- Common Mistakes to Avoid - Trading outside the specified time windows - Entering without a confirmed sweep and displacement - Overleveraging because the strategy "looks easy" - Ignoring higher timeframe bias (HTF context is still critical!) Pro Tip: Combine Silver Bullet entries with SMT Divergences, MSS, and IFVGs for maximum confluence. --- Final Thoughts The Silver Bullet Strategy is one of the cleanest ways to approach intraday trading. By mastering liquidity concepts, timing, and precision entries, traders can catch powerful moves with strong risk-to-reward setups. Be patient, wait for your window, and always trade with discipline. Happy Sniping!
Education
by Louigi_24
44
XAUUSD Downtrend Continues- Is 3,175 the Next Stop?OANDA:XAUUSD is currently trading within a well-defined descending channel, with price action consistently forming lower highs and lower lows. This structure reflects sustained bearish momentum, and sellers continue to dominate the overall direction. The recent upward move appears to be a technical rebound, with price approaching a potential resistance zone near the upper boundary of the channel. This area may now serve as a supply zone after acting as previous support, making it an important region for potential rejection. If the resistance holds, a rejection here could lead to the continuation of the bearish trend, with a potential move targeting the support area around 3,175, aligning with the lower boundary of the descending channel. However, failure to hold below this level could invalidate the bearish scenario and increase the likelihood of a retest toward the upper boundary of the channel. Traders should monitor for clear rejection signals at resistance, such as bearish engulfing candles or strong rejection wicks, or alternatively, wait for breakout confirmation before considering a trend shift. As always, proper risk management remains essential.
OANDA:XAUUSDShort
by Camilune
1
Gold maintains bullish mindsetThere is a fierce game between bulls and bears in gold prices, but we remain bullish in the long term. The intraday layout follows the general trend and focuses on the gains and losses of the 3260 support below. As long as it remains above 3260, we will maintain our bullish outlook and wait for the gold price to fall slightly to around 3275 before we can intervene and go long in batches! Gold is long near 3275, stop loss 3260, target 3300
TVC:GOLDLong
by Fortune-signal
XAUUSD H4 | Bullish Bounce OffBased on the H4 chart analysis, the price is falling toward our buy entry level at 3245.68, a pullback support. Our take profit is set at 3314, an overlap resistance The stop loss is placed at 3212.68, a swing low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:XAUUSDLong
by Tradu
$SPX Sell in May, Go Away, $5k, Dead Cat to $5.3k, $4.8k by EOMAlrighty. My forecast is as follows. I made a video explaining just a quick thought and here's the video in a written version for the most part. Basically, I'm a pattern chart trader and I spend the majority of my days looking for specific candlestick patterns that match candle for candle. I cannot find anything remotely close to today's Price Action besides October 2001. I have been and will continue to be doubted and that's okay. I am not here for anyone except myself and anyone that wants to gain a fresh unbiased perspective. People have called me a Permabear but that only pertains to my personality, which is that of a realist. I do not believe investing for the next 20-50 Years will work for everyone. You'd have to do it well and continuously contribute even during the down days. Either way. This is the analog I will be following. Fib is Extended way beyond Blow Off Top measurements imo. The market gained 50% in One Year and Three Months. I'd like to think that the uncertainty being priced in will cause these Deeper Fib Retracements. We already crashed down to the 1.61 GOLDEN POCKET from above and now bounce back to Secon Golden Pocket at 2.61. Based on the past behavior, now we move back to 2.0 for a move to the original extension of the 1.00 Fib. If we lose this, we start moving back to the 1.27 near $4.74k on SPX where I will then be looking for one final dead cat to $5300 by mid August, Every July dip being grabbed up ... Final Sell in August for an End of Year Crash to Mark 2025 as one of the worst years ever in Life as far as the Market goes. Good Luck everyone. Tips always welcome.
SP:SPXShort
by TazmanianTrader
6
28 Apr - XABCD Pattern Signals Potential UpsideRecently, the expected Head and Shoulders pattern seems to be delayed — and possibly invalidated — as buyers successfully defended the line at $3,287, pushing the price up to $3,319 on Friday. As a result, a new bullish setup has emerged. On the 1-hour chart, an XABCD harmonic pattern has clearly formed, offering two upside targets: Target 1: $3,367 Target 2: $3,435 On the downside, $3,260 is now acting as the critical level. A break below this point could open the door for lower prices. For now, the bias is long until Target 1 at $3,367 is reached. Traders should monitor short-term sentiment closely: if signs of weakness or a shift appear, the price could reverse earlier. Important to note: the Head and Shoulders pattern remains a risk if price falls below $3,260 after reaching $3,370 and moves toward the neckline at $3,237. 📍 Summary: Idea: Go long toward $3,367. Risk: Head and Shoulders pattern could still complete if bearish momentum returns. Stay sharp and manage your risk accordingly! ------------------------------------------------------------------------- This is just my personal market idea and not financial advice! 📢 Trading gold and other financial instruments carries risks – only invest what you can afford to lose. Always do your own analysis, use solid risk management, and trade responsibly. Good luck and safe trading! 🚀📊
OANDA:XAUUSDLong
by Wick-Sniper
Weekly Market Forecast: Buy Stocks! Sell Oil! Buy Gold!In this video, we will analyze the S&P 500, NASDAQ, DOW JONES, Oil, Gold and Silver futures, for the week of April 28 - May 2nd. Markets are looking tradeable again. The indices look bullish, creating +FVGs as they move higher. Oil has corrected a bearish impulse, so it could be poised to move lower from the Daily and Weekly -FVG. Gold took a breather last week and could move higher from the Weekly +FVG it just created. Let's go! Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CME_MINI:MES1!
by RT_Money
3
The relationship between gold, copper and the US10YFirst, can you tell me what you think the relationship between these two curves is? Clearly, these two curves have a strong negative correlation, meaning they move exactly opposite to each other. You can see in the image that their behavior is like a mirror image (from 2007 to before 2022). You are familiar with the gold-to-copper ratio, right? Now, when this gold-to-copper ratio curve rises, it means that gold is giving better returns compared to copper. This indicates that the global economy is moving away from growth and heading toward a recession. Investors, instead of investing in production (where copper symbolizes production), choose to invest in a safe haven like gold. The opposite happens when this curve goes down. The lower curve represents the yield on long-term U.S. bonds. When this curve is rising, it means that the supply of bonds is greater than the demand. People are selling bonds, which causes the bond yield to rise. When the curve is falling, it means people are buying bonds, which causes the bond yield to drop. Why do these two curves move in opposite directions? Now, let’s get to the main question. The answer to this question is simple: bonds, like gold, serve as a safe haven for investors. When the economy moves toward a recession (when gold offers better returns than copper, and the gold-to-copper ratio is rising), some investors shift towards bonds, and the yield curve drops. That’s why these two curves move in opposite directions. To summarize the entire story: Movement toward recession = investors moving toward gold and bonds = rise in the gold-to-copper ratio and drop in bond yield curve. Now it’s clear why these two curves move opposite to each other. The big surprise is coming👇 Since the beginning of 2022, the historical trend has changed. These two curves have started to show a positive correlation! Meaning, everything I mentioned above has gone out the window! Now, the question is: What suddenly happened? There are several analyses, but I believe what changed is that U.S. bonds are no longer a safe haven for investors, as they once were (the same fear signal I mentioned earlier). In fact, after the pandemic, the world has never been the same. This is an important development and it affects many things. I’ve addressed this topic from various perspectives before, and here’s a new angle on it. For the past two to three years, contrary to the historical trend, investors have been buying gold but selling bonds, and these two curves have been rising together. As you can see, the analytical situation has changed drastically compared to, say, 10 years ago, and many fundamental facts have shifted. For instance, many people expect the Federal Reserve to lower interest rates and gold to go up again, but after an initial short shock, the story will probably reverse. #Gold #XAUUSD #HG1!
OANDA:XAUUSD
by mostafadehghan321
1
GOLD WEEKLY - Key Events to Watch: ADP, Core PCE, Non-Farm📌 Weekly Gold Outlook – Key Events to Watch: ADP, Core PCE, Non-Farm Payrolls 📉📈 🌍 Fundamental Overview Last week, gold faced heavy selling pressure after failing to sustain its rally above the $3,450 level. Easing concerns over the US–China trade tensions and a stronger US Dollar — supported by stronger-than-expected Durable Goods Orders — triggered a sharp correction in Price. The US Federal Reserve (Fed) continues to adopt a cautious stance, awaiting clearer economic data before adjusting its monetary policy. Meanwhile, recent figures from both the US and China show signs of economic resilience, reducing safe-haven demand for gold in the short term. Key Events This Week: ADP Non-Farm Employment Change Core PCE Price Index m/m Non-Farm Payrolls (NFP) Volatility is expected to rise sharply as these major economic indicators are released. 📊 Technical Analysis – XAU/USD 2H Chart Gold is currently undergoing a corrective phase after its strong rally earlier this month. Price is forming a descending channel and consolidating around critical support and resistance zones. Immediate Resistance: 3,325 – 3,377 Immediate Support: 3,275 – 3,235 As long as Price remains capped below 3,325, the bearish bias will remain dominant. 🧩 Main Scenarios for This Week Short-Term Rebound: Price may retest the 3,275–3,277 area before sellers regain control. Medium-Term Bearish Pressure: If Price fails to reclaim the 3,325 resistance zone, it could break lower toward 3,235, 3,197, and potentially deeper into the 3,108 or 3,066 liquidity zones. Bullish Reversal Scenario: A sustained breakout and close above 3,377 would invalidate the bearish outlook and suggest a move toward the 3,420 target. 🔍 Key Price Zones for This Week Resistance: 3,325 → 3,377 → 3,420 Support: 3,275 → 3,235 → 3,197 → 3,108 → 3,066 🧠 Suggested Trading Strategy Prefer short positions when Price retraces toward the 3,275 – 3,325 resistance zone, aiming for downside targets at 3,235 and 3,197. Be cautious with long positions: only consider buying if Price drops deeply into 3,108 or 3,066 and shows strong support reaction. ⚡ Note: Given the upcoming releases of ADP, Core PCE, and Non-Farm Payrolls, the market is expected to experience significant volatility. Stay disciplined and await detailed intra-week updates around key event times.
OANDA:XAUUSD
by MMFlowTrading
2
NATGAS Elliott Waves – Preparing for a Multi-Year Rally!Following our last post on Natural Gas, we have now seen a breakout, suggesting the start of a larger bullish wave — a move that could last multiple years. From a technical perspective: - Wave 1 (5-wave impulse) is complete. - Wave 2 (ABC correction) is also complete. - We are now in Wave 3, which itself will form 5 subwaves. Wave 3: Subwave 1 of Wave 3 has formed as a leading diagonal. We are now in Subwave 2, which typically retraces around 61.8% of Subwave 1. Our buy zone is positioned around this retracement area, and we will be looking for a lower timeframe breakout to confirm entries. Important note: Subwave 2 could form a more complex ABC correction, so patience is required while it develops. Trade Plan: - Wait for price to reach the buy zone. - Look for lower timeframe bullish confirmation (trendline break, BOS, structure shift, etc.). - Enter after confirmation. Stoploss Placement: - Aggressive option: Below the corrective low. - Conservative option: Below the broader invalidation level. Targets: 8, 10, 12 See below for our last NatGas analysis:
SKILLING:NATGAS
by WicktatorFX
2
XAUUSD – Weekly Outlook (April 28 – May 3)XAUUSD – Weekly Outlook (April 28 – May 3) Current Structure: Massive bullish momentum intact — we are still climbing into extreme premium territory. Price has broken all previous structure highs and is trading well above the last known CHoCH (confirmed weekly bullish flow). Current Weekly candle is showing minor exhaustion but no clear reversal confirmation yet. Key Weekly Observations: Premium Zone: 3350–3500 → extreme overbought territory, where distribution/reversal could begin forming. Immediate Support: 3110–3150 → previous major liquidity grab + breakout area (could act as reaccumulation if retested). Unmitigated Zones Below: ~2900–2950 → old FVG left behind (possible bounce if deeper correction happens). Strong demand clusters still much lower, around 2050–2100 (only relevant if a major cycle shift occurs). Liquidity and Flow: Liquidity has been swept above all major highs — now hunting for fresh liquidity pools either at extreme highs (above 3350) or deeper below (below 3200). Strong liquidity vacuum between 3280 and 3150 zones if a weekly rejection happens. Bias: Still bullish but hyper-extended — smart money will likely start hunting liquidity pockets on both sides soon. Watching for early signs of weekly exhaustion or topping (large wicks, strong engulfing candle). ✅ Weekly Bias: Cautious bullish, watching for early topping patterns ✅ Key Levels to Watch: 3350–3500 (resistance), 3150–3110 (support) 🌟 Final Note for the Community: We’re flying at premium altitudes — but don’t get drunk on heights! 🛫 Stay sharp, stay humble. Gold doesn’t ask, it takes. Let’s keep mastering the game, one sniper move at a time. 👉 Follow, like, and comment your outlook — let’s grow this smart community together! 🚀✨ #Gold #XAUUSD #SmartMoney #WeeklyOutlook
VANTAGE:XAUUSD
by GoldFxMinds
3
GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between two weighted levels with a gap above at 3344 and a gap below at 3306. We will need to see ema5 cross and lock on either weighted level to determine the next range. EMA5 is lagging below 3306 so will need a close above and then below to confirm. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3344 EMA5 CROSS AND LOCK ABOVE 3344 WILL OPEN THE FOLLOWING BULLISH TARGETS 3367 POTENTIALLY 3390 EMA5 CROSS AND LOCK ABOVE 3390 WILL OPEN THE FOLLOWING BULLISH TARGET 3428 EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGET 3458 EMA5 CROSS AND LOCK ABOVE 3458 WILL OPEN THE FOLLOWING BULLISH TARGETS 3478 POTENTIALLY 3503 BEARISH TARGETS 3306 EMA5 CROSS AND LOCK BELOW 3306 WILL OPEN THE RETRACEMENT RANGE 3285 3259 EMA5 CROSS AND LOCK BELOW 3259 WILL OPEN THE SWING RNGE 3233 3201 EMA5 CROSS AND LOCK BELOW 3201 WILL OPEN THE SECONDARY SWING RANGE SECONDARY SWING RANGE 3159 - 3112 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
12