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Xauusd-analyse

The short-term tug-of-war for gold is starting Gold prices continued their decline last Friday and stabilized and rebounded. Yesterday, gold prices fell back to the 3,300 mark, then slowly rose to the 3,338 mark, and fell back after encountering resistance, which is in line with the technical consolidation rhythm. - China-US trade negotiations: The US has released signals that it is willing to relax export restrictions, and the market is waiting for the results of the negotiations, which may affect risk sentiment. - US May CPI data: Inflation changes will provide key guidance for the Fed's policies. - The current trend is weak, but the downside is limited. Buy on dips and avoid large-scale shorting. - Today, it is recommended to wait and see, and wait for the negotiation results to become clear before entering the market to reduce volatility risks. 🔥Sell gold area: 3330-3348 SL 3352 TP1: $3320 TP2: $3310 🔥Buy gold area: $3295-$3305 SL $3290 TP1: $3320 TP2: $3330
OANDA:XAUUSDShort
by Labaron
2
Gold is falling. Where is the low point?Market summary: Yesterday, thanks to the weakness of the US dollar, the US dollar once fell below the 99.0 mark. Spot gold rebounded from the low of 3293 hit earlier in the session, recovering all the losses during the day, and the highest point was near 3338. It fell from the high point in the early Asian session on Tuesday, and has been consolidating in the 3300-3310 range so far. In my early analysis, I pointed out that there is a high probability that the fifth wave of the wave trend will fall at the beginning of this week, and as I predicted, it is completing the fifth wave of the downward trend. Trend analysis: From the four-hour chart, the fourth wave of rebound has been completed, so today is the fifth wave of the downward trend. Next, we look at the two target ranges. The first target is around 3280, and the second is 3260-3350. And today, it is highly unlikely to stabilize above 3310, so don't choose to short at the rebound high point, the chance is very slim. Operation strategy: Short around 3310, stop loss at 3320, profit range 3380-3350.
OANDA:XAUUSDShort
by Quaid-1
1
Gold price rebounds, short-term strength?After the opening of the U.S. stock market today, the price of gold rose rapidly, breaking through the first resistance level of 3325, and currently reaching the intraday high of 3337. However, from the hourly chart, the current price has not reached the upward trend point I predicted, so the price is likely to rise slightly again in the future. From the 4-hour chart, gold rose again after falling back in the U.S. market, and the price broke through the 3325 position upward, which means that the short-term is strong; in the morning analysis, I predicted that gold would fall back and rush high, and the fall back can be short-term long, and the volatile market can be operated in the short term according to this strategy. At present, the 4-hour MA5-day and 10-day moving averages have a trend of forming a golden cross upward, and after the fall in the morning, the moving averages are currently showing an upward turning trend. Therefore, after the price breaks through 3325, the probability of continuing upward is still relatively large, and the pressure position is 3345; this position is the point after the fall back from the high point in May, and it is also an important pressure position after the current price falls back and rebounds. The price is currently heading towards a retest of 3340-3345 levels. If the dollar continues to fall and gold manages to consolidate above 3345, the bullish trend is likely to continue. However, a false breakout of 3340-3345 area could trigger a further decline following the breakdown of the bullish structure.
OANDA:XAUUSD
by Quaid-1
Gold hits 3335 in the US market and shorts ⭐️Gold information: Looking back at last week's trend, after hitting a high on Monday, gold prices fluctuated in a range from Tuesday to Thursday, and closed with a sharp drop on Friday, forming an M-top pattern from a technical perspective. This week, the market focus is on the high-level trade negotiations between China and the United States held in London. The market expects that the negotiations will proceed smoothly, and this optimism is bearish for gold. Based on the comprehensive technical and fundamental analysis, the gold price is still bearish today. It is recommended to pay attention to the short-selling opportunities in the rebound range of 3330-3340 US dollars. ⭐️Set gold price: 🔥Sell gold area: 3330-3340 SL 3345 TP1: $3320 TP2: $3310 TP3: $3295
OANDA:XAUUSDShort
by Labaron
1
Gold support near 3280 remains strong! ⭐️Gold information: Gold prices (XAU/USD) stabilized near $3,310 in early Asian trading on Monday, and gold prices struggled to gain momentum against the backdrop of renewed strength in the U.S. dollar (USD). As of press time, gold was around 3315 points. Although the strengthening U.S. dollar posed resistance to gold, lingering uncertainty surrounding President Trump's tariff strategy continued to provide some support for it. On Friday, optimistic labor market data boosted the dollar and put pressure on dollar-denominated assets such as gold. The U.S. Bureau of Labor Statistics (BLS) reported that nonfarm payrolls increased by 139,000 in May, exceeding expectations of 130,000 and exceeding the revised 147,000 (originally 177,000) last month. The stronger-than-expected employment report dampened hopes for a near-term rate cut by the Federal Reserve and weighed on the appeal of gold prices. ⭐️Set gold price: 🔥Sell gold area: 3348-3350 SL 3355 TP1: $3340 TP2: $3330 TP3: $3320 🔥Buy gold area: $3281-$3279 SL $3274 TP1: $3292 TP2: $3300 TP3: $3315
OANDA:XAUUSDShort
by Labaron
1
The decline is not complete, beware of the low point.Last Friday, the US dollar index rose and recovered the 99 mark as the non-farm data exceeded expectations and weakened the Fed's hope of cutting interest rates this year. Spot gold continued to fall after the release of non-farm data, breaking through the 3345 and 3330 levels. Market analysis: First look at the 4-hour chart of gold: It broke through the 3300 mark in the early Asian session on Monday and is currently maintained near 3310. However, from the current point of view, the decline of gold has not been completed. From the trend point of view, gold must at least test the position near 3280 and 3250 before there will be a relative chance of rebound. Once it falls below 3250, gold may not have a chance to rebound, and it will officially enter a bearish trend, and it will be greeted by a bearish trend at the daily level. From the hourly chart, if it cannot stabilize above 3310, then gold is likely to fall, and see whether it will break through 3280 or 3250. On the contrary, if it stabilizes above 3310, it may hit the early high near 3320 again. However, as long as it cannot stabilize above 3325, gold will still fall. Now you should pay attention to where to short gold. Operation strategy: If the price cannot stabilize above 3310, you can short near 3310. If it stabilizes above 3310, you can wait for short near 3320.
OANDA:XAUUSDShort
by Quaid-1
In the new week, is gold brewing a new market?Information summary: This week, the market continued to be affected by Trump's tariff policy and the progress of negotiations. On Thursday, the phone call between the Chinese and US heads of state boosted market sentiment. In the early stage, the precious metals market ushered in a collective rise, and the prices of silver and gold performed strongly. Silver rose to a 13-year high on Thursday, breaking through $36 for the first time since February 2012. After gold hit the $3,400 mark during trading on Thursday, the US dollar rose as friendly talks between China and the United States stimulated the rise of the US dollar; gold fell rapidly and gave up all the gains during the day. On Friday, the US stock market closed at its highest level since February due to the boost of non-agricultural data. Gold continued its retreat trend again, closing at around 3,310 as of Friday. Market analysis: From the trend of the US dollar, there is already an opportunity to bottom out, and the trend at the beginning of the week is critical. Once the US dollar stands above 99.5 at the beginning of the week, it will continue to touch the 100.0--100.2 mark. If it stabilizes above this position, gold will most likely fall below 3300 next week. First, from the weekly chart: The current moving average support below the weekly line is almost at 3250-3260. If it can hold here, gold may continue to maintain consolidation and wait for an opportunity to choose a new trend. However, if it falls below 3250, it can fall to the 3200 mark. If 3200 falls below again, it will be the low point of 3100. It can also be seen from the daily chart that the important position of gold is at 3318-3280. If it stands above 3318, gold is in a bullish upward trend. If it falls below 3280, gold will enter a bearish trend. At present, gold has closed below 3318, so from the daily line, the next target is around 3280. If 3280 falls below again, then as the weekly analysis shows, it will test 3250-3260. However, judging from the daily chart, I think the market will not go down too easily. Therefore, I guess that gold may follow the head and shoulders top structure of the daily chart next week. It may fall to 3250-3260 at the beginning of the week to lure short sellers into the market, and then stretch and rebound to around 3350 to form a shoulder position. Finally, it will directly dive down to around 3150. The Asian market is about to open, and I hope my analysis can help everyone make some profits in the market. A new week is about to begin, and I wish you all good luck.
OANDA:XAUUSDShort
by Quaid-1
Gold will still fall below 3,300 next week! 📣World Situation: Gold prices fell for the second consecutive trading day on Friday, but are still expected to close with a gain of more than 1.30% as traders readjusted expectations for Fed policy easing after a stronger-than-expected US non-farm payrolls report. At the time of writing, XAU/USD was trading at $3,322, down 0.84% ​​on a daily basis. The US Bureau of Labor Statistics (BLS) reported that the labor market continued to show resilience, with the unemployment rate remaining stable from April. Meanwhile, Wall Street rebounded modestly from Thursday's losses despite increased political tensions between President Donald Trump and Tesla CEO Elon Musk after the House of Representatives approved a bill to raise the US debt ceiling. Next Wednesday: ① Data: API crude oil inventory in the United States for the week ending June 6, US May unadjusted CPI annual rate, May seasonally adjusted CPI monthly rate, May seasonally adjusted core CPI monthly rate, May unadjusted core CPI annual rate, pay attention to real-time data changes. Geopolitical risks and trade tensions have eased, and the call between Chinese and American leaders has released a signal of easing. Trump said that the trade negotiations have reached a "positive conclusion", weakening the attractiveness of gold as a safe-haven asset. 🔥 Technical side: Based on the resistance and support levels of gold prices on the 4-hour chart, NOVA sorted out the important key areas as follows: Resistance: $3347, $3400 Support: $3252, $3202
OANDA:XAUUSDShort
by Labaron
Gold plunges, what will be the trend next week?From the daily chart: Since the last round of breaking the triangle convergence oscillation and breaking the trend line, gold has surged to 3400, but the upward momentum is insufficient and it has retreated. The low point of the retreat on Friday happened to be the support level of the previous triangle convergence trend line near 3300. If it falls below, the price will return to the triangle convergence oscillation range, and the gold price may fall further; From the perspective of gold 1 hour, the MA5-day and 10-day moving averages have formed a dead cross downward, so gold still has downward momentum. After the gold 1-hour high box oscillation, gold finally broke through the box downward, indicating that the gold shorts are better, so the bottom of the gold box has now formed resistance, and the gold short-term resistance to gold has been formed near 3335. If gold is 3335 at the beginning of next week, then gold can continue to be short. Next week's operation strategy is still around the 3285-3335 range.
OANDA:XAUUSD
by Quaid-1
1
Before the non-agricultural data, gold is waiting for the trendToday, the market will focus on the US non-agricultural employment data. The market expects that 130,000 new jobs will be added and the unemployment rate will remain unchanged at 4.2%. If the non-agricultural data is far worse than expected, it may continue to hit the US dollar and stimulate a sharp rise in gold prices. On the contrary, if it is higher than expected, it may also cause the US dollar to rebound, and gold will continue to maintain the possibility of low consolidation. Yesterday, the US stock market collapsed across the board due to the debate between Trump and Musk. Therefore, I am worried that Trump will continue to make remarks to boost the US stock market today. Once the US stock market rebounds again, gold may continue to fall, or remain at a low level for consolidation. From the 4-hour chart, it can be seen that gold has been rising along the 4-hour trend line. However, from the current chart, gold has not yet stepped back. Therefore, it is not ruled out that gold will continue to step back to 3330-3340 and then choose a direction again. 3330-3340 is a critical position. Once it falls below 3330 again, it is very likely to directly touch 3300. On the contrary, if it stabilizes at 3330-3340 again, then gold will definitely stabilize above 3400 if it goes up again. Secondly, from the perspective of the US dollar: The bottom divergence structure appears here in the 4-hour chart. Therefore, once the divergence of the US dollar takes shape, it will also cause gold to return to a low level again. Therefore, be careful when going long on gold today. The position where you can go long today is in the range of 3330-3340. Secondly, if gold falls below 3330 today, it will test around 3300, so another long position for gold is around 3300. On the contrary, if it falls below 3300, there will be no chance to go long on gold, and the subsequent decline may accelerate.
OANDA:XAUUSD
by Quaid-1
Non-farm data is expected to help gold recover from its decline! Gold prices rose sharply in the Asian and European sessions yesterday, and fell in the US session. The roller coaster-like trend at the end of the day gave up all the gains during the day, falling below the 3350 mark and touching the 3339 line. The daily pattern showed a trend of first rising sharply and then falling sharply. The technical daily chart has been alternating between positive and negative for four consecutive trading days. The New York market fell sharply and tested the 7-day moving average, but the price is still running above the 10-day moving average/7-day moving average. The Bollinger Bands on the short-term four-hour chart closed, the RSI indicator's middle axis flattened, and the hourly chart's four-hour moving average was glued. From a technical perspective, gold intraday trading is arranged with a volatile mindset, and the intraday range is arranged with reference to 3328/3388. Today's fundamentals focus on the non-agricultural employment data released by the New York market. The previous value was 177,000, and the market estimate was only 130,000. According to the estimate, it is bullish for gold/silver. This year has always emphasized that 2025 is a strong year for gold, and gold may enter an acceleration period of long-term structure this year. Tariff trade policies, geopolitical tensions, the Federal Reserve's interest rate decision, the decline in confidence in U.S. debt, and the increase in global central bank purchases have all affected the trend of gold as a strong safe-haven tool, and gold will have room to rise. Therefore, as long as the overall environment remains unchanged, gold is still an absolute bullish trend. Therefore, no matter how it is adjusted, now is an opportunity to enter the long position. Gold fluctuated in the 3332-3392 range in the first three days of this week. During this period, our high-altitude and low-multiple layout was completed as expected. Then, today gold will remain in this range and fluctuate upward. If it rises above 3400 and stabilizes, it will look to 3500 above; if it breaks through 3330, it will look to 3280 below. Pay attention to the fluctuations before the release of non-agricultural data. Non-agricultural data will cause an increase in liquidity, so try to avoid it. Key points: First support level: 3342, second support level: 3328, third support level: 3303 First resistance level: 3376, second resistance level: 3388, third resistance level: 3410 Operation ideas: Buy: 3340-3343, stop loss: 3332, target price: 3360-3370; Sell: 3387-3390, stop loss: 3400, target: 3370-3360;
OANDA:XAUUSDLong
by Labaron
2
Today’s gold strategy: go long on support and short on pressure!Today, there is a high probability that the volatile bullish trend will continue. In terms of operation, we should seize the opportunity of short-term bullish. The key support level of the daily line is around 3350-3355. If it falls back to this level, you can arrange short-term bullish with a light position. If the market is strong and there is no obvious correction, you can enter the long position in advance at the 3370 line. Pay attention to the upper resistance level of 3400-3405. Once it breaks through effectively, wait for the opportunity to arrange short positions after the surge. In the volatile market, both long and short positions have opportunities. Don't chase the rise and sell the fall. Be sure to wait patiently for the right time to enter the market and strictly control the position. Gold operation suggestions: short gold rebounds around 3400-3405. Go long gold when it falls back to around 3350-3360. Go long at 3370 first if it is strong and does not pull back.
OANDA:XAUUSDLong
by TP_Daniel5
Gold is long near 3350 in the US market It was at 3361 the previous second, and it reached 3348 the next second. The market was directly washing up and down. You said it would fall. It broke through 3400 directly when it rose, but then fell again. It fell directly below the 3350 bullish dividing point when it fell. The current point is around 3353. Friday is the big non-agricultural data, and we are waiting for the non-agricultural data to be laid out again tomorrow! Gold: BUY GOLD zone: light position operation (can add positions in batches) $3344- $3354 SL $3339 TP around3400- 3410
OANDA:XAUUSDLong
by Labaron
2
US market fluctuates around 3400-3370, short first 📌 Driving events Heightened tensions between China and the United States have also fueled the bullish momentum of gold prices. As the upcoming trade negotiations between Washington and Beijing are full of uncertainty, investors have sought safe-haven assets such as gold. Adding to the market's nervousness, President Donald Trump signed an executive order to double the import tariffs on steel and aluminum from 25% to 50%, effective June 4. The move came a few days before Trump's much-anticipated call with Chinese President Xi Jinping, further fueling concerns about escalating trade frictions. 📊Commentary and analysis Gold failed to fall back to 3353 during the day, and the lowest point was 3360, and it ushered in an increase, and the highest point was 3403. In the short term, 3403 was suppressed, or it may fall back, and then it fell into volatility again. The idea is to suppress short positions around 3403, stop loss at 3413, and stop profit at 3380-3372. Short-term trading, pay attention to risks. June 5th US gold short-term trading: short near 3400, stop loss 3413, light position, take profit 3375 Short near 3372, stop loss 3360, take profit 3400 ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the number of lots that matches your funds
OANDA:XAUUSDLong
by Labaron
1
Gold fluctuates. It is expected to retreat.Gold continued its strong performance on Monday in the early trading yesterday and reached a high of around 3391 before starting to fall all the way. It was weak and downward in the European trading. The US trading quickly fell back to around 3335 and then rose again. However, it touched the 3372 line again in the morning and continued to fall, forming a large range of fluctuations. Affected by the ADP data, although the positive impact is large, it is very likely to be just an illusion given to the market, not to achieve a strong effect. The key pressure position above is maintained at around 3360, which may play the role of a watershed between long and short positions, and the strong pressure above will also be maintained at 3365; the support position below is around 3340. Once this position is broken, the room for decline may be expanded in the later period. Although the MA5-day and 10-day moving averages have the intention of forming a golden cross, they have not completely released the energy of the bulls, making the market more unpredictable for the bears. In the correction of the bulls' strong upward movement, there was no further effort. Perhaps this is one of the signs of bull exhaustion. The current channel position formed from 3391 also gives the bulls enough pressure. Only by breaking through this position again can a strong upward trend be achieved. Operation strategy: Short near 3360, stop loss 3370, profit range 3345-3330.
OANDA:XAUUSD
by Quaid-1
Gold price returns to 3400? 📣 Gold Information Gold prices gave up some of Monday's gains on Tuesday, falling more than 0.80% as strong U.S. labor market data reinforced expectations of a strong economy and put pressure on the non-yielding metal. As of writing, XAU/USD was trading around $3,348, hitting an intraday high of $3,392. Investor sentiment picked up after the latest U.S. Job Openings and Labor Turnover Survey (JOLTS) showed a sharp increase in job openings in April, indicating a continued tight labor market. The optimistic data came this week, which will see a series of key employment reports released, including the ADP employment change data for May released on Wednesday and the much-anticipated non-farm payrolls data on Friday, both of which could affect expectations of Fed policy. 📊Comment Analysis Gold prices maintain bullish momentum, tariff momentum coupled with current unfavorable economic data 💰Strategy Package 🔥Sell Gold Area: 3411-3413 SL 3418 TP1: $3400 TP2: $3390 TP3: $3380🔥 Buy Gold Area: $3332-$3330 SL $3325 TP1: $3345 TP2: $3358 TP3: $3370 ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose a lot size that matches your funds - Profit is 4-7% of the capital account - Stop loss is 1-3% of the capital account
OANDA:XAUUSDLong
by Labaron
1
The pullback did not change the bullish trendGold maintained a weak structure of shock in the Asian and European sessions, and the price slowly adjusted back, forming a secondary bottoming pattern during the day. The current trend is mainly structural consolidation. From a technical perspective, 3328 and 3335 below constitute key short-term support. If it does not break expectations, it will effectively stop the decline and stabilize, and provide a basis for a rebound. At present, the profit space for chasing shorts is limited. The only stable idea is to wait for the gold price to fall back and stabilize before participating in the long position layout. In terms of operation, it is recommended to arrange long positions near the support level, focusing on the strength of gold's retracement in the 3325-3330 range, and confirming the stabilization of the decline. Once it stabilizes and rebounds, the short-term long target can be seen at 3350 and 3378, and the extended target focuses on the previous high of 3392. If it breaks through strongly and stands firm at this position, it will further open up to 3400-3410 space. Operation suggestion: If gold falls back to the 3325-3330 range, go long with a light position. If it falls to 3335 and stabilizes, you can enter long orders in advance, with targets at 3350 and 3378.
OANDA:XAUUSDLong
by TP_Daniel5
XAUUSD/Gold on 3rd May 2025As yesterday I posted that golds is in major uptrend and it is still active. On daily timeframe gold made breakout upward direction of channel and 3382. As I said gold made gap wile opening on Monday so it was strongly bullish, now we want it to fill the gap. And did it is first rejection and coming down. No gold is trading at 3360-65 range, and it is support, soon if it get's break toward downward then price can surge to 3323-3330. Waiting for confirmation and then execute trade. Key point. Support - 3364, 3330, 3313 Resistance - 3386, 3400, 3414 If you like it do follow and share. Any Query Reach Us or comment down. Follow for more updates. Rudra Vasaikar Wishes You A Great And Very Amazing Trading Life. Trade Safe, Trade Right. RISK WARNING 🔴 🔴 🔴 There is high risk of loss in Trading Forex, Crypto, Indices, CFDs, Features and Stocks. Choose your trade wisely and confidently, please see if such trading is appropriate for you or not. Past performance is not indicative of future results. Highly recommended - Information provided by Pro Trading Point are for Educational purpose only. Do your investment according to your own risk. Any type of loss is not our responsibility. HAPPY TRADING. #gold #xauusd #xauusdtrading #goldtrading #goldanalysis #forextrading #forex #trendline #goldsignals #goldnews goldlatestanalysis #xauusdtradesetup #forextradingguide #fxgold
TVC:GOLDShort
by rudravasaikarrr
Prices exploded. Beware of falling support.Information summary: Russia and Ukraine held a second round of peace talks on Monday. The two sides only agreed on the exchange of prisoners. No breakthroughs have been made on the proposed ceasefire agreement that Ukraine, its European allies and Washington have called on Russia to accept. Umerov said Ukraine proposed more talks before the end of June, but believed that only a direct meeting between Zelensky and Putin could resolve the differences between the two sides on several key issues. Secondly, Trump's tariff issue has escalated global trade tensions, and the intensification of the Russian-Ukrainian conflict has also caused geopolitical risks to rise rapidly. Market analysis: Gold has stretched directly from 3290 at the beginning of the week to a high of 3391, a $100 increase. From the perspective of the daily gold line, it is indeed in a bullish trend, breaking through several important pressure levels. But I think all traders need to be wary of chasing more at high levels. The daily trend of gold started from 3120. 3120-3365 is the a wave, 3365-3242 is the retracement of the b wave. So the current trend from 3242 is the rise of the c wave. After breaking through 3340 on Monday, gold has reached 3396 near the 618 position. At present, if gold cannot stand above 3400, it is very likely to maintain the consolidation in the 3396-3340 range. Especially before the release of non-agricultural data this week, such a large fluctuation range. Be sure to be alert to the possibility of continuing to fall back to the support of 3340-3330. Operation strategy: If the price falls back to around 3340-3350, go long, stop loss at 3330, and profit range at 3370-3380. Of course, if you prefer aggressive trading, you can choose a short strategy at 3370-3380, stop loss at 3390, and profit range at 3340-3330.
OANDA:XAUUSD
by Quaid-1
Gold surges, what is the subsequent trend?Weekly chart analysis: From the weekly chart, gold has been pushed upward for five waves from the starting position of 1614. The current market is in the extended wave of wave 3. Gold has adjusted downward from the high point of 3500. The current market is divided into two situations. In the first case, assuming that the high point of 3500 has completed the 3rd wave, then 3500 will adjust downward for 4 waves. The three-wave ABC structure within the 4th wave regards 3500-3120 as wave A, 3120 upward as wave B, and there is another wave C decline after wave B to complete the 4th wave adjustment, and then the 5th wave will rise. Therefore, after the market rises, pay attention to the C wave decline at any time. In the second case, assuming that the 3rd wave has not been completed yet, 3500 is still in the internal adjustment of the extended wave of wave 3. At present, the three-wave ABC adjustment of 3500-3120 has ended, and a new round of upward rise from 3120 may complete the last wave of the 3rd wave. Therefore, after the market rises above 3500, it will face the 4th wave decline at any time. Hourly chart analysis: In the 1-hour chart, no matter how the market operates, the current market trend is in a state of shock. Affected by the increased risk aversion due to the weekend news, the market rose sharply after opening on Monday. So what will the trend be after the surge? I think that after the rise, try not to chase the rise, but look for high positions to short, and wait for the market to adjust downward before going long. Operation analysis: Currently, the upper resistance is 3385-3405, and the lower support is 3350-3330. Short-term operation suggestions: short at the high point area of ​​3385-3395, stop loss at 3410, profit range 3360-3350, and continue to look down at 3330-3320 if it breaks. It is recommended to continue to look above 3400 if 3350 is not broken.
OANDA:XAUUSD
by Quaid-1
The international situation is turbulent, how is the trend of goInformation summary: On June 1, Russia and Ukraine continued to clash. Ukrainian drones attacked several Russian military airports, including military bases in eastern Siberia, more than 40 aircraft were damaged, and the loss was about 2 billion US dollars. This was the first time that a military base in Siberia was attacked by a drone. Murmansk Oblast was also attacked by a drone on the same day. However, on the same day, Russia and Ukraine planned to hold a second round of ceasefire negotiations in Istanbul on June 2. The United States said that it was not informed of the Ukrainian attack in advance. Russia and the US Foreign Minister discussed the negotiation plan by phone. The Hungarian Prime Minister revealed that the mediation in 2024 was unsuccessful, and the two sides had obvious differences on the timing of the ceasefire. The current situation is complicated, the prospects for peace talks are unclear, and market risk aversion and economic data (this week's employment report, central bank interest rate decision, etc.) have become new focuses. Gold trend analysis: From the daily chart, the current daily support position is around 3280. This position is the key to the gold band trend. Since the price has broken upward recently, it has stepped back many times and finally closed above the daily support, so the position of the daily support is still the key. Before falling below this support level, the price will most likely maintain a range of 3320-3280 US dollars. Operation strategy: Buy near 3280, stop loss 3270, profit position 3320.
OANDA:XAUUSD
by Quaid-1
The volatility is an illusion, and gold is brewing major changesGold fluctuated downward in the Asian session on Friday, while it remained in the range of 3287-3303 in the European session. Although it tried to break through the short-term pressure level of 3300-3306 many times, it has never been able to stand firmly. I arranged to go long at 3288-3289 in advance, notified to enter the market at the point, and finally reached the target of 3303 perfectly, earning 15 points of profit! Quick, accurate and ruthless, with the right idea, profit-taking is as easy as drinking water! Therefore, it is recommended that we continue to pay attention to the short-term support of 3290-3285 below. If the price fails to break through the support range like in the early trading, you can consider trying to enter the long position. Given that today is Friday, the market volatility may be "demon-like", so you need to be extra cautious in operation and pay close attention to the changes in the market. At the same time, you must keep in mind the principle of "taking profits for safety"-lock in profits in time when you can see them, and don't easily bet on trends that you don't understand. If your current gold operation effect is not ideal, I hope my analysis can help you avoid some detours. Welcome to communicate at any time! 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.
OANDA:XAUUSDLong
by TP_Daniel5
The dollar is strong, will gold break through the consolidation?At the beginning of this week, the US dollar index fell to a one-month low due to Trump's sudden change in the direction of the EU policy. Subsequently, due to the contest between Trump and the US Trade Court ruling, the prices of gold and the US dollar fluctuated greatly. I think the US dollar will start to rise next week with the help of non-farm payrolls data. I am afraid that a new round of price fluctuations is coming. If the US dollar is to have a new upward trend in June, gold will also be affected. Judging from the current daily line of gold, the overall trend is also to be adjusted downward. The high point of gold in May was 3438, and the low point was 3120. I also drew the Fibonacci dividing line in the figure. The most critical position is 3317 at the 0.382 position and 3280 at the 0.5 position. Gold is still maintaining a consolidation of 3317-3280. Although there have been breakthroughs above and below, they are all within the daily range. Next week, as long as gold can close below 3280 on the daily line, it will start a correction trend step by step. The first target below is around 3250, and the second is 3180-3200. As long as the daily line of gold can close below 3180, then we will usher in a big bearish trend at the daily level. On the contrary, the daily line of gold cannot close above 3317 again. In a better situation, it may touch around 3340 again and then retreat again. The bad result is that it directly breaks through the pressure level and stands above the 3340 trend line. If this happens, the price of gold may move towards a new high.
OANDA:XAUUSD
by Quaid-1