Gold Price Surge Will This Be the Catalyst for the Next Breakout💥 Gold Price Surge: Will This Be the Catalyst for the Next Breakout? | Trading Plan for Today 📊
📊 Market Overview:
✔️ Gold (XAU/USD) has shown a strong recovery following significant geopolitical and economic developments over the weekend. Key factors driving this rally include:
✔️ Putin’s Rejection of Peace Talks: If the conflict intensifies, we may see a surge in demand for safe-haven assets like gold.
✔️ US Credit Downgrade: Rising concerns over US debt and bond yields could drive more investors back into gold.
✔️ Trump’s Tariff Threat: Although less aggressive than before, Trump’s volatility still poses risks to market stability, with gold remaining a key hedge.
✔️ These combined factors have driven a gap up of over 20 points during the early Asia session. Should these issues remain unresolved, gold could be set for a strong move back toward its previous All-Time High (ATH).
📉 Technical Analysis:
✔️ The chart is showing an increasingly bullish setup. EMA 13 has crossed above both EMA 34 and EMA 200 on the M30 chart, suggesting that the market is primed for a breakout.
✔️ We’re seeing the potential for a $100–$200 rally per ounce, should the bullish momentum persist.
✔️ Given the current market volatility, geopolitical events could cause sharp price movements. A breakout of the current trendline may indicate that we are witnessing a retest before the next significant surge.
🔑 Key Levels to Watch:
🔻 Support Levels: 3204, 3193, 3186, 3174, 3163
🔺 Resistance Levels: 3254, 3277, 3288
💰 Trading Strategy for Today:
✅ BUY Scalp: 3194 – 3196
🔴 Stop-Loss (SL): 3190
✅ Take-Profit (TP): 3200 → 3210 → 3220 → 3230
✅ BUY Zone: 3186 – 3184
🔴 Stop-Loss (SL): 3180
✅ Take-Profit (TP): 3190 → 3195 → 3200 → 3210 → 3220 → 3230
✔️ SELL Zone: 3287 – 3289
🔴 Stop-Loss (SL): 3293
✅ Take-Profit (TP): 3285 → 3280 → 3285 → 3280 → 3270
💎 Good Luck! Stay tuned for more updates, and trade wisely! 📈
Xauusdanalysis
Gold intraday trading strategyGold opened at 3240 today and then rushed to 3252, then touched pressure and stepped back. We also gave a short position at 3240 and a short position at 3256-6. After all, there is a lot of pressure from above, and the technical side also needs to repair the strategy, so we gave a short entry at 3238-40, and the target is 3215. So far, the lowest point of the retracement is around 3214, which is also successfully reached our target position. Today's Asian session's high and retracement is completely due to the need for technical adjustments. Yesterday, it bottomed out and rebounded, with an increase of more than one hundred US dollars. The technical side is weak and needs a correction. This is the reason why I gave the short position.
Judging from the current 4-hour market trend, the upper side pays attention to the important suppression of 3258-60, and the lower side pays attention to the support of 3200-3210. The current bulls of gold are temporarily weak and falling back, but the current operation is still mainly to go long after the rebound.
The latest gold operation strategyFrom a technical perspective, gold prices experienced a unilateral decline on Thursday, hitting a key support level of $3,120/ounce at the lowest. In the early trading session of the European market, a strong forced short rebound began, with a daily increase of nearly $120. The daily level closed with a long lower shadow positive line, indicating strong buying support below, and the correction formed at the top of the $3,435/ounce stage may be coming to an end. At present, it is necessary to focus on whether the price can continue to stabilize the 5-day moving average (currently running near $3,220/ounce). If the closing today confirms that it has stabilized at this technical level, it can be regarded as a signal of the end of the downward trend. The market may restart the medium-term upward structure, and the market is expected to challenge the integer level of $3,500/ounce or even higher targets in the future.
From the gold 15-minute K-line chart, the K-line relies on the 5-day moving average to rise continuously, and the gold market is relatively strong, but the MACD red column shrinks, and the short-term may be corrected. In terms of operation, it is possible to go long if the 10-day moving average of 3,220 is maintained. In summary, it is recommended to buy gold in the short-term correction today, and short gold in the rebound. Pay attention to the resistance of 3260-3280 on the top and the support of 3200-3190 on the bottom.
Operation strategy:
1. It is recommended to buy gold in the correction area of 3200-3195, with a stop loss at 3187 and a target of 3220-3240
2. It is recommended to short gold in the rebound area of 3225-3230, with a stop loss at 3238 and a target of 3215-3200
3202 Buy and see reboundGold, the price fell to 3120 on Thursday and then rebounded, and boosted by the market's risk aversion sentiment, it rose to 3252 overnight, and the trend continuity is poor; the daily chart recorded a real big sun, and it will maintain a wide range of fluctuations in the short term, waiting for the results of the Russian-Ukrainian negotiations;
First fell back, now reported 3207; short-term decline and rebound showed a signal of stopping the decline, and a rebound and consolidation are expected in the evening; short-term support 3202, strong support 3192-3186; short-term resistance 3214-3218, strong resistance 3224-3230, break to see 3252;
In terms of operation, it is recommended to try to buy in the short term;
Strategy 1: Buy near 3202, protect 3192, target 3242;
XAUUSDHello traders!
I’m sharing what may be your first trade of the week. This setup comes from the XAUUSD pair. I currently see a Buy opportunity in Gold, and the trade is already active on my side.
🔍 Trade Details:
✔️ Timeframe: 15-Minute
✔️ Risk-to-Reward Ratio: 1:1.50
✔️ Trade Direction: Buy
✔️ Entry Price: 3223.82
✔️ Take Profit: 3237.39
✔️ Stop Loss: 3214.78
🔔 Disclaimer: This is not financial advice. I’m simply sharing a trade I’m personally taking, based on my own methodology. It is 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.
XAU/USD 19 May 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 23 April 2025
Price has now printed a bearish CHoCH according to my analysis yesterday.
Price is now trading within an established internal range.
Intraday Expectation:
Price to trade down to either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high priced at 3,500.200.
Note:
The Federal Reserve’s sustained dovish stance, coupled with ongoing geopolitical uncertainties, is likely to prolong heightened volatility in the gold market. Given this elevated risk environment, traders should exercise caution and recalibrate risk management strategies to navigate potential price fluctuations effectively.
Additionally, gold pricing remains sensitive to broader macroeconomic developments, including policy decisions under President Trump. Shifts in geopolitical strategy and economic directives could further amplify uncertainty, contributing to market repricing dynamics.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Analysis and bias remains the same as yesterday's analysis dated 15 May 2025.
In my analysis from 12 May 2025, I noted that price had yet to target the weak internal high, including on the H4 timeframe. This aligns with the ongoing corrective bearish pullback across higher timeframes, so a bearish internal Break of Structure (iBOS) was a likely outcome.
As anticipated, price targeted strong internal low, confirming a bearish iBOS.
While a bullish Change of Character (CHoCH) has printed, I am exercising discretion and not marking it as such, given the shallow nature of the pullback.
Additionally, another bullish CHoCH has printed, with price now trading within a defined internal range. I will continue monitoring this closely, particularly in relation to the depth of pullback.
Intraday Expectation:
Price to continue bullish, react at either premium of internal 50% EQ or M15 demand level before targeting weak internal low priced at 3,120.765
Note:
Gold remains highly volatile amid the Federal Reserve's continued dovish stance and persistent geopolitical uncertainties. Traders should implement robust risk management strategies and remain vigilant, as price swings may become more pronounced in this elevated volatility environment.
Additionally, President Trump’s recent tariff announcements are expected to further amplify market turbulence, potentially triggering sharp price fluctuations and whipsaws.
M15 Chart:
XAUUSD – Triangle Pattern Forming with Breakout PotentialThe price of Gold (XAU/USD) has recently gone through a structural shift, transitioning from a strong downtrend to a phase of market consolidation. This transition is clearly visible on the 1H chart where price has formed a symmetrical triangle, which generally signals price compression and often precedes a large breakout in either direction.
The most recent significant downtrend came to a halt near a well-identified support zone around the $3,157 level. This level aligns with previous reactions, and the price sharply rebounded from this demand area—indicating strong buyer interest and liquidity absorption.
Following this, the market has shown higher lows and lower highs, compressing into a tight range that is forming the triangle pattern.
📐 Technical Structure Breakdown:
🔸 Symmetrical Triangle Pattern
A classic consolidation pattern.
Formed by converging trendlines—one sloping down (resistance) and one sloping up (support).
This triangle signifies market indecision between buyers and sellers.
Volume is decreasing, which is typical in triangle formations and suggests a breakout is nearing.
🔸 Trendline Breakout & CHoCH (Change of Character)
The earlier bearish trendline was broken, indicating a change in the short-term trend bias.
The CHoCH label on the chart signals the point where bearish market structure was invalidated by a bullish rally, shifting momentum toward buyers.
🔸 Support Zone ($3,157)
This zone served as the springboard for the current bullish impulse.
Price wicked into this level multiple times and formed long lower shadows, confirming buyer absorption.
Acts as the last line of defense for bulls if price retraces after a fakeout or failed breakout.
🔸 Major Resistance Zone ($3,393)
This level is derived from historical supply, where sellers previously overwhelmed buyers.
Now identified as the target zone in case of a successful bullish breakout from the triangle.
A breakout above the triangle would likely trigger buy-side liquidity up to this resistance area.
🔄 Trade Scenario Planning
✅ Bullish Breakout Setup:
Entry: Above upper triangle boundary (aggressive) or after successful retest (conservative).
Confirmation: Break and close above triangle with volume.
Target: $3,393 (major resistance zone).
Stop Loss: Below last higher low inside triangle or breakout candle low.
Risk-to-Reward: Favorable if managed properly from triangle base.
❌ Bearish Breakdown Scenario:
Entry: Below triangle support trendline or upon hitting marked Sell Stop at ~$3,223.
Confirmation: Strong bearish candle closing below the triangle with rising volume.
Target: $3,157 support zone (first target), lower if momentum continues.
Stop Loss: Just above the breakdown candle or inside triangle top.
This provides a hedge setup if the market traps breakout buyers.
📉 Curve Zone & Parabolic Projection:
A curve zone has been drawn to simulate a potential parabolic move to the upside.
If price respects the curve, we might witness accelerated buying once the breakout confirms.
This is a visual guide to monitor momentum alignment with volume and RSI.
📊 Conclusion:
The market is currently in a compressed volatility phase within the triangle. Price is winding up and preparing for a large move. The setup provides a dual-opportunity strategy, allowing traders to position for either direction, depending on which side breaks first. Key levels of support and resistance are clearly defined, and risk can be tightly managed around the breakout points.
This triangle pattern, coupled with a prior CHoCH and clear curve trajectory, gives a strong technical bias for a bullish breakout, but always stay alert for fakeouts and liquidity grabs, especially before big economic news.
🔔 Trading Notes:
Watch for breakout volume and RSI divergence.
Avoid entering prematurely—confirmation is key.
Use alerts at breakout levels.
Be aware of fundamental catalysts (e.g., USD news, Fed decisions, geopolitical tensions).
How to layout in the battle between long and short positionsGold surged directly at the opening, which is in line with our analysis expectations. We gave a short position near 3240-45. As expected, gold fell to the 3230 line for profit. There is great pressure from above and limited space above. Up to now, it has been fluctuating near 3220. For gold, we are now focusing on the short-term support of 3200-06. If it breaks through this position, it is very likely to go to the 3175-90 line.
From the current trend analysis, today's support continues to focus on 3170-80, strong support 3150, and upper pressure 3253-60. Relying on this range as a whole, the main tone of high-altitude low-multiple cycle participation remains unchanged. In the middle position, you must watch more and move less, be cautious in chasing orders, and wait patiently for key points to enter the market. I will notify you of the specific operation strategy in time and pay attention to it in time.
Gold operation strategy: short gold rebound near 3240-50, target 3230-3220. Pay attention to the support of 3202 and 3175 below, and go long according to the strength of the decline!
5/19 Gold Trading Signals🔍 Market Overview:
Last Friday, gold prices entered the 3176–3148 buy zone, and after the market opened today, prices rose to 3249, yielding substantial profits.
From a technical perspective, the overall trend is still under the pressure of a double-top pattern. In the short term, price action remains in a range, but the lows are gradually rising. However, indicators are not yet favorable for bulls. In this case, if the bulls want to take control, then the support at 3182–3176 becomes extremely important during any pullback.
🗞️ News Background:
Trump’s tax cut bill has been approved by a key committee in the U.S. House of Representatives.
👉 This week, further progress must be closely monitored as it directly impacts gold's safe-haven demand.
If trade tensions flare up again, gold is likely to rise sharply due to renewed safe-haven demand.
If tensions continue to ease, downward pressure on gold will likely increase.
Also, watch out for any comments on monetary policy — if rate cut expectations increase, gold could face additional downside risk.
📈 Today’s Trading Strategy:
🟢 Buy Zone: 3196 – 3176
🔴 Sell Zone: 3293 – 3318
🔄 Scalp/Flexible Trading Zones:
3188-3209-3236-3252-3269-3282
Gold is rising strongly? Beware of a sharp rise to the high poinThe US sovereign credit rating was downgraded from AAA to Aa1; affected by this, gold opened sharply higher in the Asian market on Monday, and the highest so far is around 3250.
However, 3250 is not the high point at present, and it is only warming up in the Asian market. The important thing should be in the European and American markets. Such a major breaking news must be seen in the US stock market.
If gold can continue to rush above 3250 in the short term, then we will see 3280-3300 later. It is not ruled out that the Asian market will continue to fluctuate sideways in the short term, but I think it will still rise. The high point of 3250 may be broken at any time.
From the 4-hour chart:
This K line is very strong. Once this K line closes above 3230, the highest high point can be seen from the 4-hour chart here.
Judging from the current trend, I think the gold price is bullish as long as it is above 3200 in the Asian market. The lowest price in the Asian market in the morning retreated to around 3210, so it is not known whether it will retreat to around 3200.
Then, for the short-term strategy, you can go long around 3210, with 3200 as the stop loss position. As long as the upper target stands at 3250, you can continue to see the profit range of 3280-3300.
XAUUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GOLD set for another drop?As expected in our previous analysis XAUUSD bounced to daily resistance and started to get rejected with a strong momentum in the major direction of the trend. As we see series of lower high formation XAUUSD may continue to drop to daily support level following the long term trend.
XAUUSD M30 BEST BUY AND SELL SETUP FOR TODAYGold (XAUUSD) is trading near a 🔴 strong resistance zone (3,239–3,252). If price shows a bearish rejection from this area, it could be a sign of a 🧨 liquidity grab or fake breakout. This sets up a potential 📉 sell opportunity, targeting the support zones at 3,175 and possibly down to 3,120 where the 🧊 weak low and demand lie. A safe 🛑 stop-loss can be placed above 3,260 to manage risk. However, if the price gives a strong breakout and 📈 retest above 3,252, then a bullish continuation toward 3,325–3,350 is likely 🎯. Patience is key—wait for clear confirmation before entering the trade ⚖️📊.
Gold Market Analysis for Next WeekLast Friday's chart analysis was highly consistent with the market trend, and satisfactory results were achieved in trading.👉👉👉
Based on the 4-hour trend analysis, for the opening of gold on Monday, we will first focus on the short-term resistance at the 3,224-3,230 level, and the key resistance at the 3,253-3,260 level. Below, we will pay attention to the short-term support at the 3,170-3,175 level. The operational suggestion is to focus on shorting on rebounds.
XAUUSD trading strategy
sell @ 3230 - 3240
sl 3260
tp 3215 - 3220
If you think the analysis helpful, you can give a thumbs-up to show your support. If you have different opinions, you can leave your thoughts in the comments. Thank you for reading!👉👉👉
Gold Market Summary for Last WeekLast Friday's chart analysis was highly consistent with the market trend, and satisfactory results were achieved in trading.👉👉👉
On Friday, the international gold price fell, potentially recording its largest single-week decline in six months. This trend is mainly attributed to the strengthening of the U.S. dollar and the easing of concerns about the China-U.S. trade war, which together weakened gold's appeal as a safe-haven asset. Gold prices plummeted by more than 2% at one point on Friday, with a cumulative decline of nearly 4% this week—largely driven by increased risk appetite brought about by the trade agreement—marking the largest single-week drop since last November.
The mitigation of the trade war has led to a rebound in risk appetite across the market. This shift has prompted futures traders to take profits, particularly in the gold market, triggering a week-long wave of position liquidation. Gold has faced pressure in recent weeks as the market has ruled out stagflation expectations and repriced rate-cut expectations. Currently, the market expects the Federal Reserve to cut interest rates by approximately 58 basis points by the end of the year, compared to 120 basis points at the peak of panic in April. However, in the short term, the repricing of rate-cut expectations may exert pressure on gold.
XAUUSD trading strategy
sell @ 3230 - 3240
sl 3260
tp 3215 - 3220
If you think the analysis helpful, you can give a thumbs-up to show your support. If you have different opinions, you can leave your thoughts in the comments. Thank you for reading!👉👉👉
XAUUSD forecast for this week (19th May 2025)Recent candlestick patterns, coupled with supportive evidence from technical indicators (RSI, ADX, parabolic SAR), underscore that XAUUSD has transitioned into a corrective phase after peaking near $3,500. Major catalysts over the past week—including the U.S.–China 90-day tariff pause, softer U.S. inflation data (CPI, PPI), and strong dollar moves—have eroded safe-haven flows, pushing gold into a short-term descending channel. While Asian physical demand around $3,120–$3,200 provides intermittent support, the likelihood of dipping back into the $3,100–$3,150 zone remains high.
Support & Resistance levels for tomorrow (19th May 2025):
$3,265–3,275 Resistance 2
$3,250 Resistance 1
$3,150–3,160 support 1
$3,120 support 2
I am expecting a continuation of the modest bearish bias into the upcoming Asian session, there is a 60% probability to a bearish continuation and 40% to a bullish rebound. Traders should monitor the $3,150-3160 support area closely—any decisive break below there could open the path toward $3,120 and ultimately $3,000
Moody's downgrades US credit rating, will gold be affected?Information summary:
At about 4:43 pm on Friday (the last minute before the market closed), Moody's downgraded the US sovereign credit rating from AAA to Aa1 on the grounds of "surge in debt and fiscal out of control", ending the US's last "top credit" title among the three major rating agencies.
Perhaps considering reducing the impact, Moody's announced this news after the US stock market closed. But at this time, gold, foreign exchange and other markets still have more than ten minutes of trading time. The 10-year US Treasury yield once rushed from 4.44% to 4.49%, the US dollar index fell, and gold rushed up.
The downgrade is a super-class data, which may cause gold to rebound in stages, but not continuously. If nothing unexpected happens, after the adjustment, gold may continue to retreat in a trend.
Technical analysis:
Next week, gold may rebound in stages to 3330-3340. Then there may be a trend decline again, and I estimate that it may test around 2950 below. As for why it went to 3330-40, here is an analysis:
I think the current gold trend is very similar to the holiday trend in Asia from May 1st to 5th. It also fell sharply, then bottomed out and rebounded, and then stretched up again. I also drew it in the picture, which is basically consistent with the current trend. If the next market trend is copied from the previous paragraph, then I think it should test the 3330-40 point.
XAUUSD – Bullish Flag Breakout & Black curve Line | Target Gold (XAUUSD) is currently shaping a textbook bullish flag pattern on the daily chart, signaling a potential continuation of the strong uptrend that started late last year. This setup, when combined with the custom-drawn Black Mind Curve, provides a structured and disciplined approach for identifying entry, retest, stop loss, and profit targets. Let’s break it down in detail:
🔍 1. Flagpole: The Impulse Move
The rally from around $2,550 in December 2024 to nearly $3,330 in April 2025 formed a steep and aggressive uptrend, which now serves as the flagpole of our pattern.
This impulsive wave represents strong buying momentum and is the backbone of the entire bullish flag structure. It shows institutional interest and heavy volume participation in gold, likely driven by macroeconomic factors such as inflation hedging, USD weakness, or geopolitical uncertainty.
🔷 2. Bullish Flag: The Consolidation Zone
Following the peak, gold entered a consolidation phase, forming two parallel descending trendlines, indicating healthy profit-taking and temporary market indecision. This is not a reversal but rather a pause in the trend, often seen before the next leg higher.
This down-sloping consolidation resembles a flag pattern—a reliable bullish continuation formation where the price temporarily contracts before a breakout.
The flag pattern is still valid as long as price remains inside or breaks above the upper boundary with momentum.
📈 3. Breakout Signal and Retesting Level
As of now, price is testing the upper boundary of the flag. A bullish breakout is anticipated once price closes above the $3,300–$3,350 resistance zone.
Following the breakout, a pullback to retest this same level is expected, forming a new support zone—a classic "breakout–retest–rally" setup.
💡 Retest Zone:
$3,300 to $3,350
This is your key zone to watch for confirmation. A bounce here could offer the best risk-reward entry.
🛡️ 4. Stop Loss Placement: Protecting Your Capital
To manage risk effectively, the stop loss should be placed below the lower boundary of the flag, and ideally just under the psychological round number at $2,970.
This protects your trade from a false breakout or sudden trend reversal while keeping the risk/reward ratio favorable.
🎯 5. Target Projection: Measured Move Strategy
We use the height of the flagpole (approximately $750) and project it upward from the breakout point to estimate the target price.
📌 Target Level:
$4,318 (approx.)
This aligns with technical confluence and psychological resistance above the $4,300 level.
If momentum remains strong and the macro environment continues to support gold prices, this level is a very realistic short-to-medium-term target.
🧠 6. The Black Mind Curve: A Unique Trend Framework
The chart features a custom “Black Mind Curve”, a smooth parabolic line following the overall trend structure. This curve acts as a visual guide for trend strength, suggesting that gold is respecting a higher time frame uptrend trajectory.
It helps reinforce that the bullish structure is still intact—even during short-term pullbacks—by mapping the psychological rhythm of market participants.
This curve is especially useful for swing traders who need to maintain conviction during consolidations.
🧠 Trading Psychology (Mind Framework):
"Charts show the facts; your mind interprets the truth."
Here’s the psychological approach for this trade:
Recognize the Setup: Bullish flag is forming—observe, don’t rush.
Wait for Confirmation: Let price break out and retest—avoid FOMO.
Act on Logic: Enter with defined stop and target—keep emotions out.
Stay Disciplined: Don’t move stop loss irrationally—trust your setup.
Let the Market Work: Once the trade is active, manage it calmly.
🔁 Summary of Trade Plan:
✅ Entry: On confirmed breakout and successful retest of $3,300–$3,350
✅ Stop Loss: Below $2,970
✅ Target: $4,318
✅ Pattern Type: Bullish Flag + Trend Curve Support
✅ Risk-Reward Ratio: ~1:3+ (Ideal setup)
📝 Final Thoughts:
This is a high-probability bullish continuation pattern supported by strong technical structure and psychological market behavior. The breakout is likely to attract institutional flows, especially if it aligns with fundamental tailwinds like falling interest rates or rising inflation.
Stay patient, wait for the retest confirmation, and trade with discipline. Gold is poised for a potential new leg higher—and this setup provides a structured roadmap to ride that move confidently.
GOLD📊 XAU/USD Weekly Analysis
📅 May 18, 2025
🔍 Key Levels:
▫️ Sell Zone: $3330-3367
▫️ Major Resistance: $3415
▫️ Current Price: $3203
▫️ Target: $2956
⚡️ Scenario:
• Wait for pullback to sell zone
• Sell ONLY with confirmation
⚠️ Warning:
• US rating cut (Moody's) → Potential bullish gap Monday
📌 Risk Management:
• Stop Loss: $3380
• Max Risk: 1% capital
USDJPY analysis week 21Fundamental Analysis
USD/JPY recovered slightly on Friday as the USD recovered and traded sideways around the DXY index level of 100.80.
The Japanese Yen (JPY) strengthened despite a decline in Japan's GDP, due to its safe-haven status and expectations that the BOJ will not raise interest rates soon.
The BOJ kept interest rates at 0.5%, lowered its 2025 GDP growth forecast to 0.5% and may pause interest rate hikes until September to monitor the impact of US tariffs.
The Fed kept interest rates unchanged, no plans to cut in the near term. The Fed Chairman warned that tariffs could increase inflation and reduce growth.
Technical Analysis
USDJPY is reacting at the 89 EMA. Overall, the uptrend is still maintained for this pair and pay attention to the immediate support level of 144,000, while the pair is still trading above this area, the uptrend is still continuing. The two resistance levels that the pair could reach next week are noted at 147.500 and 148.300. In case the 144.000 trend zone is broken, the pair's slide will be supported by the May low around 142.600.
Gold ended this week successfully!In terms of news, first, the easing of the trade situation weakened the safe-haven property of gold. Secondly, a series of data released this week and the Fed's emphasis on not rushing to cut interest rates also suppressed the gold price. In addition, the parties involved in geopolitical conflicts also began talks. Although there are differences in negotiating positions, they still have to solve the problem when they can sit down and talk. Because of the repeated news, the closing price at the end of the week was also above 3200, so some people still believe that the gold price will go to 3500, and even think that it will exceed this position. I have mentioned this in my previous analysis. The gold price was first stimulated by multiple news and buying rushed up. Now that the risk aversion has receded, I think it is reasonable to see the gold price fall.
Let's analyze it from the technical side: the rhythm of gold has changed rapidly recently, and next Monday is actually the key. The 1-hour moving average of gold has begun to show signs of turning around, so whether it can form a golden cross upwards is the key next time, or it will oscillate a few times and continue to diverge downward. The strength of gold on Monday is very critical. Gold closed with a big positive line on Thursday, which was a very fast trend. However, it fell directly on Tuesday and broke through more than half, so it cannot be said that the bulls are strong. Although it rebounded slightly in the late trading, it still closed with a big negative line. There will be two key positions on Monday next week. Pay attention to 3180 on the bottom of gold. If it falls below 3180 soon after the opening on Monday, then gold will still be weak as a whole. Pay attention to 3215 on the top. If gold breaks through 3215, then gold will be strong as a whole. If gold opens flat on Monday and the upward momentum is not strong, and it is under pressure at 3215, then you can continue to go short in the short term.
TVC:GOLD OANDA:XAUUSD FOREXCOM:XAUUSD
Gold price hidden 3200, waiting for opportunity to increase✍️ NOVA hello everyone, Let's comment on gold price next week from 05/19/2025 - 05/23/2025
🔥 World situation:
Gold prices dropped over 1.5% on Friday, poised to close the week with a steep loss of more than 4%, as improved risk sentiment drove investors away from safe-haven assets and toward equities and other riskier investments. At the time of writing, XAU/USD is trading around $3,187, retreating from a daily peak of $3,252.
The precious metal started the week on the back foot following reports of a significant de-escalation in the US-China trade conflict, including a mutual agreement to reduce tariffs by 115%, which triggered a sharp selloff in bullion. Despite fluctuating between $3,120 and $3,265 throughout the week, gold struggled to sustain bullish momentum, with fading buyer interest becoming increasingly evident amid stronger risk appetite and encouraging US economic data.
🔥 Identify:
Gold price is still in the accumulation phase waiting for a price decrease around 3200. Will be greatly affected by tariff news and Russia - Ukraine peace negotiations
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $3265, $3357
Support: $3160, $3112
🔥 NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest