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.
Xauusdanalysis
There remains significant overhead resistance.The gold price declined on Friday while the US dollar rose. The market has digested the latest development of the tariff issue, and a relatively weak inflation report has kept the hope of a US interest rate cut alive. Spot gold was quoted at $3,290.40 per ounce, down 0.82%, with a weekly decline of over 2%. After the federal appellate court temporarily restored Trump's tariffs on Thursday, the tariff issue is likely to regain its influence on the market next week. Additionally, Federal Reserve Chair Jerome Powell will deliver the opening remarks at an event next Tuesday, which will be his first speech since his meeting with Trump this week. Meanwhile, several Federal Reserve officials will also speak next week. Therefore, the rebound of gold will be under pressure next week. It is advisable to sell gold on rallies below $3,310. The outlook is bearish, with a downward correction expected. The target price is between $3,270 and $3,260. When the price pulls back to the vicinity of $3,270 - $3,260, investors can consider going long.
Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term.
Trading Strategy:
sell@3295-3305
TP:3265-3275
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.
XAUUSD:Sharing of the Trading Strategy for Next WeekAll the trading signals this week have resulted in profits!!! Check it!!!👉👉👉
Gold prices fell on Friday as the market digested the latest tariff developments, while a weaker inflation report kept hopes of a US rate cut alive. After the Federal Appeals Court temporarily reinstated Trump’s tariffs on Thursday, tariffs are likely to dominate market sentiment again next week. Key focuses include speeches by multiple Fed officials and progress in Russia-Ukraine negotiations. Technically, monitor 3330 as overhead resistance and 3270 as support. If geopolitical tensions ease, prices may test the 3250 level. The preferred strategy is to short on rebounds.
Trading Strategy:
Sell@3320-3310
TP:3280-3270
Share accurate trading signals daily—transform your life starting now!
👇 👇 👇 Obtain signals👉👉👉
Gold XAUUSD Weekly forecast 2-6 June 2025Observations:
Price has been respecting a clear descending trendline since late April, with multiple touches and rejections.
A significant supply zone around the 3,330 level aligns with the trendline resistance, increasing confluence for a potential reversal.
The market has formed lower highs consistently, suggesting bearish pressure is building up.
A horizontal demand/support level around 3,125 (previous swing low) is the primary target in case of a bearish breakout.
Volume and structure suggest distribution, further supporting bearish continuation.
Bearish Scenario:
If the price retests and rejects the 3,330 resistance level again next week, especially with a wick rejection or bearish engulfing candle:
Expect downside continuation toward 3,125, aligning with a ~1500 pip target.
This move would represent a ~5% drop from current levels.
Trading Plan / Signal:
Sell Setup:
Entry Zone: Between 3,320 – 3,330 (upon bearish confirmation e.g., bearish engulfing or shooting star)
Stop Loss: Above 3,350 (just above trendline and invalidation zone)
Take Profit 1 (TP1): 3,250
Take Profit 2 (TP2): 3,200
Take Profit 3 (TP3): 3,150/25
Risk–Reward Ratio: Approximately 1:3+
Invalidation:
Clean breakout and retest above 3,350 would invalidate the setup and may suggest a reversal toward 3,500.
Fundamental Consideration:
No major geopolitical or macroeconomic shocks should occur to maintain this bearish bias. Any high-impact news could cause volatility, so monitor the economic calendar closely.
Please follow, like, comment and share.
Gold Analysis
Last week's movement so far on the chart moved as expected. To continue this week's path, expect another step to correct to two support areas, first the 3264-3255 range, and if lost to the support area 3265-3232. It can be considered that from one of these two supports, the upward movement for the liquidity above it will continue. The resistance/support areas will change their nature if lost.
Elliott Wave Analysis – XAUUSD Trading Plan | June 2, 2025
🌀 Current Wave Structure
On the H1 timeframe, wave 2 (black) appears to have completed as a zigzag pattern, with price reacting strongly after touching the 3272 level — signaling that the abc corrective wave (green) may be finished.
Zooming into the M10 timeframe, the recent rally shows a 5-wave leading diagonal, indicating that wave 1 (red) is complete.
Currently, price is in the pullback phase of wave 2 (red).
📍 The ideal correction zone for wave 2 (red) is around 3281, which is our key area to look for Buy opportunities.
However, if price breaks below 3272, this wave count becomes invalid, and we’ll wait for a new setup aligned with deeper correction.
🔋 Momentum Outlook
• D1: Momentum is preparing to turn bullish ⇒ supports the start of wave 3 (black) and a bullish outlook for the week
• H4: Momentum is bottoming and about to reverse ⇒ supports wave 3 (red) forming in upcoming sessions
• H1: Currently declining ⇒ expect early-session pullback. Watch for bullish reversal signals as long as 3272 holds for potential entries
✅ Trade Setup
🎯 BUY ZONE: 3282 – 3279
🛑 Stop Loss: 3272
🎯 Take Profits:
• TP1: 3308
• TP2: 3324
• TP3: 3346
⏳ Note: Price action around the 3272–3281 zone will be key to confirming whether wave 2 (red) is complete.
If confirmed, wave 3 could begin with strong momentum — especially after breaking above 3296.
GOLD AND WAR NEXT TO 4K$Hello traders
as i can see gold is trading in a Decending Triangle zone and it had tested Fibo 0.61 ratio in month of may dip as we can see gold close monthly candle above 3280 zone which is a clear sign that big players and banks are still prefer Safe haven we can see US econmey in a bad recession zone unemployment and higher inflation is a big problrm for $ and on all these things Mr. Trump Tariffs is a game changer in commodities markets if we see Geopolitical issues around the world it esculating more war in diffrent regions of the world.. Now Israiel & US have a new biggest problem Iran which is showing us a attack on Iran can be happen incoming days as we can see 6 meetings was unsucessful in Oman for a Deal to Stop Iran's Nucler Enrichment Program which is not good... other then fundamental Charts are crystal clear and showing us a clear view for a New ATH on Gold our Risk reward ratio is prefect for us have a proper research before taking any trade its just an trade idea share your thoughts with us it will help many other traders Comments are open we love your comments and support the channel so it can diliver to many other new traders Stay Tuned for new updates ..
XAU/USD Gold short to long ideaIn this week’s analysis, price is currently positioned between a few key zones where we could expect reactions. Given the overall bullish trend, we’ll be using the broader bias to guide our setups, but there’s also opportunity for tactical short-term plays.
Recently, price has shown strong bearish structure, forming new supply zones such as the 6H supply, which is now close by. If price reacts from this level, there’s potential for short-term sells targeting the clean 9H demand zone below — a solid area where I’ll be looking for a possible Wyckoff accumulation and bullish continuation with the trend.
Confluences for GOLD Shorts:
- Recent strong bearish structure and downside moves
- Significant liquidity and imbalance to the downside
- Well-defined 6H supply zone has formed nearby
- Market appears overbought, and bearish pressure is becoming more visible
- For long-term bullish continuation, price may need to revisit the demand zone below
P.S. If gold pushes higher first and sweeps the liquidity above, I’ll be watching closely for signs of Wyckoff distribution before considering any short-term sell setups. Patience is key — let the market show its hand before reacting.
GOLD H4 Weekly Chart Update For 2-6 June 25Good day Traders,
as you can see that there are important zones mentioned
right now market is in sideways, key resistance zone for the upcoming week is 3350-70, market breaks resistance zone then it will move towards 3430
key support zone is 3240-50 for now, if market breaks support zone then it will move towards 3200 or even 3150
always Trade with SL
Disclaimer: Forex is Risky
Technical Analysis → Gold will remain stableThroughout May, the news backdrop, including international trade tariffs and geopolitical turmoil, led to a technical peak of around $3,430 and a low near $3,130 in gold. As of now, the price per ounce is stable at around $3,300, roughly the same level as at the beginning of the month.
This shows that supply and demand forces are basically balanced, and prices are maintained between these two extremes. Gold technicals further confirm this and highlight the importance of the $3,300 level.
Bearish perspective: The A→B→C→D→E sequence forms a peak high and a cycle low, which is a clear downtrend signal. The trajectory is marked in red, and the upper line constitutes resistance.
Bullish perspective: Since the beginning of 2025, the price of gold has been in an upward trend, represented by the blue channel, and its lower boundary constitutes key support (marked with arrows).
It is worth noting that these support and resistance lines are converging, forming a narrowing triangle. This shows that supply and demand are balancing and the market has reached a consensus around the $3,300 level, which is exactly the central axis of the triangle.
Based on this, we can reasonably assume that the technical side of gold in June may continue to fluctuate within this triangle unless a special event occurs that causes a significant break in the current balance.
Gold retested as expected, what to do next?
Gold rebounded from 3308 in the US market and fell to 3272. The recent market is good-looking but difficult to do. The long and short positions are repeatedly washed. The monthly line basically closed at the cross star. Under the fierce game between long and short positions, the performance was balanced.
The short-term hourly line is only a single negative line that fell rapidly, and it does not have downward continuity. The high point of the US market rebound is around 3302. If you want to participate, you can go short when it reaches around 3302. As of press time, gold is accumulating strength around 3293. If you step back below, you can rely on the low point for defense.
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
Trade Idea:XAUUSD SHORT ( SELL STOP )🔍 Multi-Timeframe Analysis
📉 H4:
• Price is compressing below the 20 and 50 SMAs.
• Recent attempts to break higher failed to sustain; MACD is slightly bearish, hinting momentum is fading.
• Consolidation after the big push suggests potential for another leg down if support breaks.
🕒 M15:
• Strong bounce into resistance, now stalling at the underside of the previous structure (~3315–3320).
• 20 SMA is curling down and converging with the 50 SMA, signaling a potential momentum shift.
🕒 M3:
• Price just lost short-term bullish structure after failing to break 3318.
• Flattening and slight downward curl in the 20 SMA.
• Volume shows a slowdown on the bounce and heavier selling earlier in the day — signs of weakness.
⸻
✅ Trade Idea
Type: Sell Stop
Entry: 3308
Stop Loss: 3322
Take Profit: 3273
———
🧠 Why This Setup Works
• This is a momentum breakdown trade: placing a sell stop just below short-term support (3308) to catch the shift in momentum if price breaks lower.
• Price already rejected the high around 3318; if it pushes below 3308, it confirms that sellers have taken back control.
• There’s clean room down to 3273 — a previous reaction zone and recent demand level — offering a good risk-to-reward.
⸻
🛡️ Risk Management & Execution
• SL to BE Rule: Move stop loss to break-even once price reaches 3293 (15 points in your favor, 1R). That’s the halfway point to target and right above a small reaction zone that could cause a pullback.
• Invalidation Window: If price moves above 3325 before activating entry, cancel the trade idea. That would invalidate the lower-high structure and suggest momentum has shifted bullish again.
⸻
⏱️ Session Timing & Considerations
• NY session opens at 6:30 AM Pacific (PT).
• Ideally, this trade should activate and move by pre-New York to early NY session. If price stalls or consolidates near the entry level for too long into the session (after 9:30–10:00 AM PT), consider canceling or reassessing.
FUSIONMARKETS:XAUUSD
Gold price rebounded. Strategy is coming.Gold rose yesterday under the stimulus of risk aversion; gold did not continue the upward trend today, which means that the risk aversion sentiment of gold has been digested. The 4-hour moving average of gold formed a dead cross, and MACD also formed a dead cross. Then gold is likely to maintain the morning support position near 3290 for oscillation.
I think we can continue to short after gold rebounds. After the opening of the US market, the rise of gold has been under pressure at the 3310 line and cannot break through. Gold rebounded under pressure at 3310 and continued to short on rallies.
The market situation is changing all the time. We cannot always use the same trading strategy. If the price fails to rise, we will implement a short strategy; in line with the changes in the market, we can make profits faster.
Operation strategy:
Short near 3305, stop loss 3315, profit range 3270-3260.
5/30 Gold Analysis and Trading SignalsGood morning everyone!
Yesterday, we successfully executed short at 3290 and long at 3250, and also entered the 3316–3328 short zone near the close. All signals were hit, and profits were solid ✅.
📉 Technical Outlook:
The 1-hour chart remains in a clear bearish trend, indicating that this pullback is not yet complete.
Initial support at 3296 is very likely to break
Focus shifts to 3278 support, though it appears technically weak
If price hits 3278, a minor bounce is expected, but it's likely just a retracement, not a reversal
🗞 Fundamental Watch:
The U.S. Consumer Confidence Index will be released during the U.S. session today.
Market reaction is expected to be similar to yesterday’s initial jobless claims — possibly triggering short-term moves, but not changing the broader trend.
📈 Trade Plan for Today:
📉 Sell in the 3316–3328 zone (key resistance)
📈 Buy in the 3238–3221 zone (key support area)
🔁 Scalp/flexible trading zones:
3303 / 3288 / 3276 / 3265 / 3252 / 3238
Stick to proper risk management, and stay alert during U.S. data releases.
Trade with the trend and close the week strong!
Additionally, on the 30-minute chart, gold appears to be forming a potential inverse head and shoulders pattern. If this pattern completes and breaks the neckline successfully, the price may surge toward the 3336–3352 area, or even up to 3360.
For those considering short positions, it’s crucial to control position size and avoid entering too early. Try to wait for price action to reach higher resistance levels before making a move. Don’t worry about missing a perfect entry — even if one trade is missed, it won’t affect your overall profitability for the week.
The market always offers opportunities. Stay calm, stick to your strategy, and remember: consistency and patience lead to long-term success.
Gold rebounds in the US market and continues to be short!
📊Comment analysis
Gold rose yesterday under the stimulus of risk aversion, so gold did not continue to rise today, which means that the risk aversion sentiment of gold has been digested, and the 1-hour moving average of gold has also begun to turn downward and has not crossed upward, so the momentum of gold shorts has begun to increase, and gold rebounds and continues to be short. After gold surged, it has been under pressure at the 3310 line and cannot break through. Therefore, gold rebounds in the US market and continues to be short at highs under pressure at 3310.
💰Strategy Package
US trading operation ideas:
Gold 3304-3310 short, stop loss 3315, target 3280-3270-3260;
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the capital account
- Stop loss is 1-3% of the capital account
Gold (XAU/USD) Bullish Reversal Setup – Inverse Head & ShoulderDescription (Safe for TradingView):
Gold on the 15-minute chart is forming a classic Inverse Head and Shoulders pattern, signaling a potential trend reversal from bearish to bullish. The structure is well-formed with the Left Shoulder, Head, and Right Shoulder clearly visible.
✅ Key Technical Highlights:
Neckline breakout occurred around the 3303.165 level.
Price is currently retesting the neckline as support.
Volume confirms breakout strength.
Potential for upward movement toward the 3340–3350 zone if support holds.
🔵 Support Zone: 3302–3303
🔴 Risk Management: Stop below recent swing low (near 3288)
🟢 Target Zone: 3340+
📊 Always follow your risk management rules. This is a potential opportunity, not financial advice.
Elliott Wave Analysis – XAUUSD H1 30/05/2025
🔍 Wave Structure Update
As of now, price has broken above the X wave high and is undergoing a retracement. This is a positive signal, suggesting that Wave 1 (black) of the larger green impulsive wave may have completed. Currently, price is likely in Wave 2 (black) – offering a good opportunity to position for the upcoming Wave iii (green).
Within Wave 2, we expect classic corrective structures such as zigzag or flat to form. Based on current price action, a short-term bounce followed by another leg down is anticipated to complete the corrective phase.
🎯 Potential Wave 2 Target Zones
• Target 1: 3290
• Target 2: 3272
❗ If price drops further to 3245, the assumption that Wave 2 has ended may be invalid. In that case, the broader correction could continue toward 3215 (Wave Y target).
📈 Momentum Outlook
D1 Chart: Momentum shows signs of reversal to the upside – supporting a bullish bias for the coming week.
H4 Chart: Momentum is weakening, suggesting price may move sideways or pull back today as part of Wave 2 development.
H1 Chart: Currently oversold, indicating a likely short-term bounce or sideways movement to maintain this oversold condition until H4 also reaches oversold.
🧭 Trading Plan
🔹 Scalp Buy
• Entry: 3291 – 3289
• SL: 3286
• TP1: 3306
• TP2: 3324
• TP3: 3346
🔹 Main Buy Zone
• Entry: 3272 – 3269
• SL: 3262
• TP1: 3290
• TP2: 3324
• TP3: 3373
XAUUSD: Is the Downtrend Likely to Continue?OANDA:XAUUSD is a classic case of a market continuing its downtrend after rejecting resistance within a clearly defined descending channel. This move indicates that sellers are stepping in and maintaining the bearish structure inside the channel.
If the downward momentum persists, we could see a move toward the 3,250 level , which aligns with a significant internal support area within the channel. This zone could serve as a short-term target. A decisive break below this level may open the door to further declines. However, failure to sustain this bearish move could result in a retest of the upper channel boundary.
Traders should watch for confirmation signals such as lower highs forming below the recent supply zone or strong bearish candles near resistance before considering short setups.
If you agree with this outlook or have any additional insights, feel free to share your thoughts!
Data is out. Gold is fluctuating.Information summary:
On Wednesday, US time, the Trade Court ordered an immediate halt to tariffs; the next day, the Federal Court of Appeals immediately resumed the policy. At the same time, the Trade Court was required to respond by June 5, and the government by June 9. Tariff policies are back and forth, and it is difficult to figure out. In other words, don't expect the US government to come up with any good news.
Today, the annual rate of the US core PCE price index in April was 2.6% in the previous value and 2.5% in the expected value. The expectation seen at the beginning of the week was 2.6%. Now the expectation is directly lowered. Is it to leave room for this announcement? If the increase is not higher than the previous value, it is not a significant increase, but it leaves room for interest rate cuts. For gold, the increase is not higher than the previous value, and the short position is limited.
This mediocre data can directly provide a basis for speculation on the current economic situation in the United States.
After yesterday's strong rise, with a very long lower shadow left on the middle track of the Bollinger Band, after stabilizing the middle track, the fast and slow lines further converged and flattened, indicating that the main funds are also hesitating. From this perspective, today's market may continue to fluctuate within the middle track.
At the same time, the closing line is also the most critical, which is around 3285-90 near the middle track.
Operation strategy:
Today's trading needs to pay attention to the cycle suppression position of 3315-3330 on the upper side, and the cycle support level of 3385-3380 on the lower side. This range can be maintained for scalping trading.
If the gold price breaks through strongly upward or downward, the new trend will be realized in a very short time, so traders need to make profits and stop losses in time.
Gold Update – Has the Downside Ended or Just Taking a Break?📉 What happened yesterday on Gold (XAUUSD)
I started the day under a good omen – 🎯 my 3250 target being hit perfectly.
However, what initially looked like a standard correction turned into a stronger bounce.
Gold broke back above my re-selling zone and even pushed above 3310, triggering my stop loss, and worth nothing that we are now back under 3300- I take it like a man and move forward:).
❓ Has Gold finished with the downside, or is this just a pause before another drop?
🔍 Reasons to expect more downside:
- Although Gold reversed strongly from the 3250 support, the confluence resistance around 3330 capped the move, and sellers stepped in, dragging the price back under 3300.
- The fact that price returned to support so quickly signals weak bullish momentum – buyers couldn’t sustain the rally.
- Gold failed to stabilize above the 3330 zone, which would’ve been a key bullish sign – instead, it got rejected.
- And here’s the part that doesn’t sit right – Gold came back to the 3290 zone too easily, as if the market wanted to offer a second chance to buyers who missed the initial bounce. That usually doesn’t end well.
🧭 Trading Plan
I’m currently out of the market after the stop loss hit, but my bearish bias remains unchanged.
Watching the 3280–3290 area closely – if we drop back below, I’ll look to re-enter short trades.
🚀 Final thought
Yesterday’s move reminded me who’s boss – the market . But unless bulls break key resistance and hold above, the bearish case still has more to say.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
It seems calm, but there are actually undercurrents!Today, the monthly, weekly and daily lines closed simultaneously. At the same time, the PCE data will be released during the US trading session, and the market volatility may intensify.
From a technical point of view, 3285 is also the key to long and short today. If gold does not break 3285 today, the strength of gold bulls is expected to continue, and there is still room for gold to move upward. If gold continues to fall and falls below 3285, then gold may begin to fluctuate in a large range. The upper resistance is in the 3320-3330 area, and the focus is on the 3335-3340 line of suppression. Pay attention to the 3290-3285 line of support below, and the key position below is in the 3280 area. If it breaks below the 3280 area during the day, the market is expected to fall again to the 3265-3250-3240 area.
Gold Poised for a Breakout After Sideways ConsolidationGold has retraced to the 3300 level and remained range-bound for an extended period. This prolonged consolidation suggests that a sharp breakout may be imminent, with the next move — whether up or down — likely to be swift and volatile.
Looking at the 2-hour chart, the current price structure is complex. It could be interpreted as a potential double top, but it also resembles the early formation of an inverse head and shoulders, which makes trading decisions more challenging.
From a technical standpoint:
Moving averages are aligned in a bearish setup, and the area above remains densely packed with resistance.
MACD on the 2H chart shows a bearish crossover, signaling a potential continuation of the downtrend.
However, on the 30-minute chart, MACD shows some short-term bullish momentum, with the next resistance near 3306.
For bulls, if the price attempts to rise toward the 3306–3312 zone but then quickly pulls back, this would indicate weak buying pressure, and caution is advised.
In summary, short-term signals are bullish, but the medium-term trend remains bearish. With the market in a sideways range, it's best to remain patient and watch for breakout signals. The two trading opportunities shared yesterday remain valid and worth monitoring closely.