Beware of a sharp surge at the beginning of the week!🗞News side:
1. The India-Pakistan conflict has been eased, but India has increased its troops in Kashmir
2. The situation between Russia and Ukraine has escalated again
3. Trump has asked Walmart to absorb the impact of tariffs on its own
📈Technical aspects:
Gold jumped higher in the Asian session in the morning and once tested the 3250 resistance line. In the short term, the upward space is limited and there is a certain suppression. At present, gold is testing the 3210-3200 support level again. Judging from the 4H chart, if the gold price breaks through this short-term support level, it is likely to go to the 3170 level next, or even test the strong support level of 3150. If it gets effective support at 3210-3200, gold may test the resistance area again. Therefore, in the short-term trading in the Asia and Europe sessions, maintain the high-level short-selling and low-level long-selling cycle to participate. On the upside, focus on the 3250-3260 resistance area. If it breaks through, it is expected to look towards the 3300 line. On the downside, focus on the 3210-3200 support line. If it breaks through this support, look to the 3170-3150 important support.
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD FX:XAUUSD OANDA:XAUUSD
Xauusdbuy
Buy gold, it is expected to hit 3280-3290Fundamentals:
1. Focus on the speeches of Fed officials;
2. Pay attention to Trump's calls with Putin, Zelensky and others;
Technical aspects:
Gold continued its rebound momentum today, but failed to break through the short-term resistance area of 3250-3260 many times. However, after multiple tests, it will become easier to break through this area.
According to the current structure, gold rebounded from around 3120, and then built a secondary low point structure around 3154. Today, during the Asian session, it built a structural retracement area around 3206 again. As the low point is continuously raised, an obvious bullish structure is formed in the short term. For short-term trading, we can start to try to go long on gold based on the structural form; if gold successfully breaks through the 3250-3260 area, gold will continue to the 3280-3290 area, or even the area around 3320.
Trading strategy:
Consider going long on gold after gold retreats to the 3225-3215 area, TP: 3250-3260
Yield Wars and Crypto Surge: Is Gold Losing Its Luster?Gold currently lacks fundamental backing, as macroeconomic conditions continue to favor alternative investment vehicles. Surging U.S. Treasury yields have diminished the appeal of non-yielding assets like gold, while Bitcoin’s ascent beyond the $100,000 mark indicates a significant shift in risk-on sentiment. Once considered the premier safe-haven asset, gold has seen substantial capital outflows—particularly after President Trump's inauguration—as institutional interest shifted toward cryptocurrencies and government bonds.
From a technical perspective, gold is currently testing a key supply zone around the 3250 level. A confirmed Break of Structure (BOS) would require a strong move above the 3255 area. However, should a 4-hour candle close below this zone, it would reinforce bearish intent and potentially trigger a 300-pip correction. With both macro and technical factors aligning, the directional bias remains clearly defined—further analysis is unnecessary at this stage.
XAUUSD at the Crossroads: Breakout or Breakdown?OANDA:XAUUSD Gold (XAUUSD) is trading around $3,237, currently testing a descending trendline and minor resistance. A clear breakout above this level could open the way to retest the $3,289 resistance area, followed by the $3,435 recent high and potentially the all-time high near $3,498.
Failure to break higher may see the price remain range-bound between $3,240 and $3,289. A break below support at $3,123 would be bearish and could trigger a drop toward $3,050.
Fundamental Drivers:
Moody’s US credit downgrade continues to support safe-haven flows
Fed commentary and trade uncertainty cap directional clarity
Higher Treasury yields remain a headwind for Gold
📌 Key Levels:
Minor resistance: $3,240
Major resistance: $3,289 / $3,435
Support zone: $3,123 / $3,050
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;
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).
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
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 Trend Analysis for Next WeekGold continued its downward trend in yesterday's morning session, but in the evening, it experienced a long-short washout and returned to the 3,200 mark, closing with a small bearish candle on the daily chart. The question now is whether the daily chart will form consecutive declines. Looking at the daily rhythm, the high points have been declining, which means that after encountering resistance at the three-point line vertex resistance level, it is prone to forming a secondary inflection point for a downward trend. This implies that a pullback should still be expected next week.
Regarding the future direction, short-term bearish sentiment will remain the theme! Overall, the gold price is undergoing a retest during the 4-hour rebound. If the rebound fails to break through the resistance, the decline will continue, and the downward trend will persist. Since the bearish inflection point turned downward from the high, the current bearish trend is still extending downward.
Before the bears reach the key node where bulls build a bottom, rebounds remain opportunities to go short as the main rhythm.
XAU/USD
sell@3210-3220
tp:3180-3160
sl:3230
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
GOLD H4 Weekly Chart Update For 19 - 23 May 25As you can see that GOLD H4 for weekly term
First of all note all mentioned levels Carefully, right now market just close above 3200 psychological level
2 upside GAPS remains in focus for now
1st one around 3330-3340
2nd one is 3430
so keep in mind overall trend is remains bullish for now on senior timeframes
Gold Bullish Outlook - Gold BullishFollowing strong buying momentum observed yesterday, gold is currently consolidating within a falling wedge pattern — a typically bullish setup. A breakout from this pattern could trigger a fresh upward move in the price of gold.
Post-Breakout Bullish Targets:
Target 1: 3230
Target 2: 3240
Target 3: 3250
Target 4: 3275
Disclaimer: This is a technical analysis-based outlook. Please assess your risk-to-reward ratio and follow your individual trading strategy. This is not financial advice — trade responsibly and according to your plan.
The calm before the golden stormThe gold market showed a V-shaped reversal pattern of bottoming out and rebounding yesterday. The daily line closed with a hammer-shaped positive line with an extremely long lower shadow, indicating that the support below is strong, but the overall high-level shock pattern is still maintained. Technical indicators show that short-term correction pressure still exists: the stochastic indicator is blunted at a high level, the MACD double-line dead cross is downward, and the Bollinger band opens downward. The gold price is likely to fluctuate around the middle and lower tracks.
The 4-hour level fluctuates to the bearish side, and the 3200 line becomes the watershed between long and short positions. If it effectively falls below this level, the bears will regain the initiative; on the contrary, the bulls need to break through the strong resistance zone of 3265-3270 to reverse the downward trend. At the end of the weekly line, the market has a demand for a restorative decline. If it falls below the 3200 integer mark, the target below will be the 3180-3170 area. Focus on the effectiveness of the 3265-3270 resistance and the strength of the 3200 support, and be alert to the violent fluctuations in the closing market on Friday.
Gold suggestion: Arrange long orders in the 3207-3210 range, stop loss 7 points, target 3250
The calm before the golden stormThe gold market showed a V-shaped reversal pattern of bottoming out and rebounding yesterday. The daily line closed with a hammer-shaped positive line with an extremely long lower shadow, indicating that the support below is strong, but the overall high-level shock pattern is still maintained. Technical indicators show that short-term correction pressure still exists: the stochastic indicator is blunted at a high level, the MACD double-line dead cross is downward, and the Bollinger band opens downward. The gold price is likely to fluctuate around the middle and lower tracks.
The 4-hour level fluctuates to the bearish side, and the 3200 line becomes the watershed between long and short positions. If it effectively falls below this level, the bears will regain the initiative; on the contrary, the bulls need to break through the strong resistance zone of 3265-3270 to reverse the downward trend. At the end of the weekly line, the market has a demand for a restorative decline. If it falls below the 3200 integer mark, the target below will be the 3180-3170 area. Focus on the effectiveness of the 3265-3270 resistance and the strength of the 3200 support, and be alert to the violent fluctuations in the closing market on Friday.
Gold suggestion: Arrange long orders in the 3207-3210 range, stop loss 7 points, target 3250
Gold 100% Profit SignalGold trend analysis: After gold fell below 3200 this week, the current trend is as shown in the figure. The end of this wave is tentatively set at around 2900. There may be a rebound during this period, but it is only a rebound. After the news faded, it was a rebound in the analysis after the 9th of this month. It emphasized that the gold price of 3500 was a top to look at the retracement, and also gave the short-selling strategy and the staged support position below. It has gone through several shock adjustments on the way. Now the gold price rebounded again near 3120, and the highest rebound reached 3252.
Strong without deep adjustment, deep adjustment without strong, gold yesterday broke up and broke at 3252 in the early trading. It can be said that this wave of rise has ended. We did an analysis yesterday on this wave of broken yang. Don't guess the top in the slow rise state. Go with the trend before the callback signal appears. The two target positions of short-term long orders are 3210 and 3239. Now there is a deep adjustment signal, so this wave of highs can be used as a resistance level for today.
Gold operation strategy analysisAt present, the long and short views in the gold market are significantly different, and the effectiveness of technical positions has been verified. The 3180 point has not shown an effective support role in the recent downward process. Its logic as a potential pressure point lacks price behavior verification, and we need to be vigilant against the risk of misjudgment caused by subjective preset technical positions. As for the short strategy at 3200 points, if 3230 is used as the stop loss, the risk exposure of more than 30 US dollars is disproportionate to the current volatility range, and the profit and loss ratio needs to be strictly evaluated in actual transactions. In the current market environment, the price has not yet shown a clear bottom signal. The operational level should focus on optimizing the risk-return ratio and avoid excessive gambling on short-term fluctuations during the trend continuation stage. It is recommended to wait patiently for clearer technical signals or fundamental drivers to intervene.
Gold continued its decline last week, refreshing a new low in a month, but the gold price bottomed out and rebounded during the day, indicating that there is strong bargain hunting below. Gold's support below, from the 30-minute analysis, the upper short-term resistance is around 3180-3185, with a focus on the 3200-3210 line. The pullback will rely on this position to continue the main short trend and look down. The short-term long and short strength watershed is 3235-3240. Before the daily level breaks through and stands on this position, any pullback is a short-selling opportunity.
Operation strategy:
1. It is recommended to short gold when it rebounds to 3180-3185, with a stop loss at 3193, and the target is 3170-3160, and the break is 3160-3130
5/16 Gold Trading Signals
🌇Good afternoon, everyone!
Gold made a strong one-way rally from 3120 to above 3200 yesterday, perfectly achieving our bullish target with substantial profits.
Today, after a slight uptick at the open, gold started to pull back and enter a consolidation phase. Technically, this is a normal correction after a $120 surge. However, the key question now is:
🔍 Is this just a healthy pullback, or a bearish continuation pattern?
There’s some uncertainty in the current structure:
On the larger scale, the market still appears to be forming a double top.
On the shorter-term, this week’s pattern resembles a head and shoulders bottom, and price is now testing the neckline zone.
🧭 So, while the direction remains unclear, we can still identify key trading zones to act on.
🗞 News Watch:
Several important U.S. data releases are scheduled during the New York session. They may provide crucial directional signals for gold.
📌 Today’s Gold Trading Strategy:
🟢 Buy Zone: 3176 – 3148
🔴 Sell Zone: 3265 – 3287
🔄 Flexible Trading Zones (watch for reversals or breakout plays):
▫️3187-3198-3209-3237-3258-3267
✅ Reminder: With the structure being complex and direction unclear, avoid aggressive positioning. Focus on scalp or short-term trades near key zones and react to market post-data.
XAU/USD: Awaiting clarification of the European session trend.After a significant rebound yesterday, the market showed a cyclical decline in early trading today, with no clear tradable pattern emerging yet. The current price is in a stalemate zone between bulls and bears, and two-way operations carry high risks. It is recommended to closely monitor the trend in the European session. Wait until the European session clarifies whether the market will continue the downward trend or rebound further, and then follow the trend during the US session.
From a technical analysis perspective, yesterday's upward movement is more inclined to be a washing-out phase rather than a signal indicating the start of a gold bull market. Please be patient and wait for the market to clear up, and do not trade aggressively during this period. Always maintain a cautious attitude.
We will continue to monitor the market and keep updating trading strategies.
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
XAUUSD will it pump again? Gold free signal!!!Hello everyone.
I want share my idea about XAUUSD (Gold).
This week we started little bit bearish, week open we see big FVG at 4h chart which was not tested and till today it was coming down, but we see today after US news price was before into daily Gap zone and then show us aggressive buy.
Why we got aggressive buy today?
Gold (XAU/USD) staged an aggressive rally, climbing from a one-month low near $3,155 to around $3,219.81. The catalyst? U.S. economic news, likely softer-than-expected PPI data and growing concerns over a $1.049 trillion fiscal 2025 deficit, sparked safe-haven demand. A weaker dollar and renewed Fed rate-cut bets (possibly starting October) further fueled the surge. Gold’s appeal as a hedge against uncertainty shone through as markets digested mixed signals on Trump’s tariff policies.
Gold’s technical rebound could push it toward $3,400 if it holds above $3,200, but trade optimism or a hawkish Fed might cap gains. Long-term, analysts see gold hitting $3,700 by year-end, driven by inflation and policy risks.
Here is the setup for long side trade, my technical analysis is simple i am following trend, we have some shifting but that's not problem for, only i will be wrong if DXY will continue uptrend.
3212 open long position
3150 stop loss
3400 take profit
In my last analysis about gold i was wrong, my prediction was long but as i mentioned in my last post there was 2h FVG which worked well, and broke daily FVG zone plus last week low. If you want see my last post about gold it will be linked in this post.
Latest trading opportunities for XAUUSD.The market went to the target position smoothly as expected.
Due to the sharp decline this week, there was a huge rebound in technical demand on Thursday. The highest broke through 3175/3200/3250. There were some pullbacks in the Asian market. So what positions should we pay attention to now? How to trade?
From the news side. The results of today's meeting between Russia and Ukraine are very important. The delay of one day in yesterday's negotiations has increased geopolitical uncertainty again. This is the biggest black swan event and the factor affecting the rise of XAUUSD. Before the results are announced today. There are still uncertain factors, which are the support for the decline of XAUUSD. However. If the results of the meeting are announced on the news side, then XUAUSD will have a corresponding response in the market. Then we can naturally choose the direction of trading.
Two results. Stop or extend the truce, then XAUUSD will fall further. If no agreement is successfully reached, then it is an opportunity to buy. So the impact of today's news results is very large. It needs to be paid attention to.
The basic data needs to pay attention to the support of 3200. Maintain the principle of long.