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Xauusdlong

Gold Faces Strong Headwinds – Beware of Bull Traps!After rebounding to 3368 yesterday, gold dropped below 3340, and recovered slightly above 3350 late in the session. Today, it briefly touched the 3372 resistance, only to pull back again — showing just how difficult it is for bulls to push higher. 🔍 Technical Overview: 30M chart has broken below key moving averages 1H chart is facing heavy overhead pressure ⚠️ If prices rise on low volume, it’s likely a bull trap. Only a volume-backed breakout can confirm a real bullish trend. ⚠️ Important Note: There’s still an unfilled gap below 3300 If bears take control, filling that gap is highly likely Today’s ADP jobs data will be critical: If bearish for gold → sub-3300 is likely If bullish for gold → 3400 becomes a top-tier short zone
OANDA:XAUUSDShort
by Arthur3017
XAUUSD – Will the Channel Hold for a Push Toward 3,480?XAUUSD is a typical case of a market trading within an ascending channel, with price action consistently respecting both its upper and lower boundaries. The price has broken through a clear resistance zone and may come back to retest. This area also coincides with the gold pocket of the recent volatility and therefore deserves special attention. If it holds as support, then it would be a confirmation of the bullish structure, allowing a good move toward the target area of 3,480, the midline of the channel. As long as the price remains above this support area, the validity of the bullish setup remains intact. However, failing to stay above this level may invalidate the bullish scenario and increase the likelihood of a pullback to the lower boundary of the channel. Please note that I will not participate without proper confirmation.
OANDA:XAUUSDLong
by LucasMgoldview
2
XAU/USD Consolidating Near $3,350 – Watch for Break Above $3,365Gold is currently trading around $3,350, showing signs of consolidation after recent gains. Technical indicators suggest a cautious approach, with key resistance at $3,365 and support at $3,345. Market sentiment remains bullish due to ongoing geopolitical tensions and economic uncertainties. Traders should monitor these levels closely and manage risk appropriately. 📊 Key Levels Resistance: $3,365, $3,400, $3,450 Support: $3,345, $3,300, $3,285 📈 Trading Strategy 🔸 Bullish Scenario: Breakout Above $3,365 : Could target $3,400 and potentially $3,450 Support Holding Above $3,345 : May lead to a retest of $3,400 🔸 Bearish Scenario: Failure to Hold Above $3,345 : May lead to a retest of $3,300 or lower Break Below $3,300 : Could extend the correction towards $3,285 Note Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
ICMARKETS:XAUUSDLong
by SibiSh
Is it a pullback or a reversal?Recently, the price of gold has repeatedly broken through the 3400 level, but has failed to stabilize after multiple attempts to break through. Simply put, the 3400 level is like a door that the bulls are desperately trying to push open, but if they can't, gold may pull back to the 3340-3396 level to take a breath. There are currently two key signals in the market: one is that the hourly chart shows that the price of gold has risen too fast in the short term and may need to pull back; the other is that before the release of non-agricultural data, the market tends to be cautious, and the possibility of shorting at high levels is increasing.
OANDA:XAUUSD
by BarryDouglass
Gold Spot (XAU/USD) Technical Outlook – 1H ChartGold Spot (XAU/USD) Technical Outlook – 1H Chart 📅 June 4th, 2025 📈 Analysis by mmozafari1357 We are currently observing a complex WXY corrective pattern forming within a well-defined bullish channel on the 1H timeframe. Wave W completed after a strong impulsive move from the lower support zone around $3,250. Wave X is expected to extend higher and reach the $3,450–$3,470 resistance zone, which aligns with the upper boundary of the parallel channel and a historical supply area. Currently, price seems to be forming wave Y as a retracement, creating a higher low structure before the anticipated bullish continuation. 🟢 Bias: Bullish continuation expected toward the $3,450 zone. 🔵 Key Levels: Support: $3,320 – $3,335 Resistance: $3,420 – $3,470 This setup remains valid as long as price stays within the ascending channel and maintains higher lows. --- 🔖 Posted by: mmozafari1357 🧠 Stay patient, stay disciplined, and let the structure guide you.
OANDA:XAUUSDLong
by mmozafari1357
Gold's correction does not alter the upward trendDuring Tuesday's Asian trading session, gold prices edged lower, primarily due to a modest rebound in the US Dollar Index from a six-week low and improved market risk appetite. The overnight rally in risk assets reduced demand for safe-haven assets, prompting some gold longs to take profits. However, caution remains prevalent across global markets, with factors such as the ongoing expansion of the US fiscal deficit, heightened US-China trade frictions, and the failure to reach an agreement in the second round of Russia-Ukraine peace talks continuing to underpin gold's safe-haven demand. The market is currently in a state of tug-of-war between the US dollar's short-term rebound and the medium-to-long-term safe-haven demand, though multiple fundamental factors still favor gold, including rising geopolitical risks, intensifying trade tensions, expectations of accommodative Federal Reserve policies, and instability in the US fiscal position. Traders should focus on the 3325–3335 support zone. If prices stabilize and rebound from this area, the first target could be 3380, followed by further attention to the previous high in the 3390–3400 region. A decisive break above this resistance level would warrant holding positions with a target above 3400. 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: buy@3320-3330 TP:3370-3380
CAPITALCOM:GOLDLong
by Ashbur
6/3 Gold Analysis and Trading SignalsGood morning, everyone! Gold climbed to the 3370 area yesterday without showing any significant pullback, indicating that bullish momentum remains intact. After this morning’s opening, the price continued to rise, and from a technical perspective, there’s still room for further upside. The 3400 level is likely to be tested today, and if accompanied by increased volume, gold may extend gains towards the 3416–3438 resistance zone. From a tactical standpoint, a technical retracement after today’s rally is the base case scenario, and intraday trades can be structured within the broader 3440–3320 range. On the downside, the 3368 level is the first key support to watch, followed by 3352, which could serve as a pivot area if a pullback occurs. On the macro front, two economic data releases are scheduled during the US session, along with a Q&A session involving Fed’s Goolsbee, which could inject short-term volatility into the market. 📌 Trade Plan for Today: Sell within the 3416–3438 zone, with controlled position sizing; short-term strategy preferred. Buy near the 3338–3321 support area, with a defensive setup and tight risk control. Flexible trading levels to monitor: 3421 / 3413 / 3397 / 3386 / 3367 / 3358 / 3343 Strategy outlook: Adopt a “sell high, buy dips” short-term strategy today. Avoid chasing breakouts blindly; focus on rhythm and structure.
FOREXCOM:XAUUSDShort
by China_MsWang
Russia-Ukraine deadlock, tariff gold will rise 3400 this weekRecently, the escalation of the Russian-Ukrainian conflict and global trade tensions has pushed the international gold price to rise strongly. Although the second round of negotiations between Russia and Ukraine reached a consensus on the exchange of prisoners on Monday, the ceasefire agreement is still deadlocked. Coupled with the US announcement of additional steel tariffs, geopolitical risks and economic uncertainties have stimulated risk aversion. The price of gold rose violently from around $3,290 at the beginning of the week, with a single-day increase of more than $100 to $3,392, setting a new stage high. From a technical point of view, the C wave upward trend of gold from $3,120 is clear. After breaking through $3,340 on Monday, it accelerated to the 61.8% Fibonacci resistance level of 3,396, but the pressure of the 3,400 integer mark is significant. If it cannot be effectively broken through, the gold price may enter the range of $3,396-3,340 for consolidation. Current market sentiment and technical signals suggest that the bullish trend has not changed. At noon, the gold price was around 3,353. The lower support of 3,353-3,350 can be deployed for long orders with a stop loss of 7 points. The general trend is bullish
OANDA:XAUUSDLong
by pcesfj
Xau re-entry/ retracement 🟡 Why Gold Has Been Buying: Fundamentals: Possible rate cut expectations from the Fed. Geopolitical tensions or inflation concerns. Weakening USD momentum. Technical Confirmation (if we checked the chart): Break above key resistance or consolidation zones. Higher lows forming on the 4H and daily charts. Volume supporting the breakout. Let me break it down: 🔍 Technical Analysis Breakdown 1. Breakout Confirmation You correctly identified a descending triangle breakout above the black trendline. Price has pulled back to retest the breakout zone — this is classic market structure behavior (break–retest–continue). 2. Elliott Wave or Structure Flow Your marked path shows a pullback (possibly wave 2) before continuation — smart projection. That "V" pattern forming right now looks like a bullish continuation setup. 3. Fibonacci and Demand Zone The retest aligns near the 38.2% or 50% retracement — high-probability reversal zones. You also have a strong demand zone (grey box) acting as a support floor. 4. Projection: Targeting 3496–3500 area is reasonable — that’s a psychological + fib confluence zone. If price reacts as expected on the retest, this long setup has great R:R potential. 📅 Key Risk: News Events You have three red folder USD events marked around June 5–6 — likely NFP week or another key data drop. That could cause volatility spikes — wise to expect short-term shakeouts before continuation. ✅ Verdict: You're on the right track — this is a clean bullish setup. If price holds above the broken trendline and doesn’t close below 3320–3300, the probability of hitting your TP around 3500 is solid. 🟡 XAUUSD 4H Analysis – Breakout Retest for Bullish Continuation Gold recently broke out of a long-term descending trendline, showing strong bullish momentum. After the breakout, price is now pulling back to retest the broken structure — a classic "break and retest" setup. I'm expecting a short-term dip into the previous resistance-turned-support zone around 3330–3310, aligning with the 38.2–50% Fibonacci retracement and a key demand area. 🔵 Trade Plan: Looking for bullish confirmation at the retest zone. Targeting the 3496–3500 level (previous high + Fib extension confluence). Bullish structure remains valid as long as price holds above 3300. ⚠️ Fundamental Note: Upcoming high-impact USD news (NFP, etc.) may cause short-term volatility. Patience and tight risk management are key. 📈 Bias: Bullish 🕓 Timeframe: 4H 🔍 Strategy: Breakout → Retest → Continuation
EIGHTCAP:XAUUSDLong
by Sthesh_Don_Billiato
Gold prices continue to fall and adjustFrom the 4-hour analysis, the support below is around 3345-50. If it does not break in the evening, it will remain bullish. Pay attention to the suppression of 3395-3400 above. In the short term, there is further upward pressure to test the previous high of 3395-3400. Maintain the main tone of participating in the trend. The market has fluctuated greatly recently, so you must control the risk! Gold operation strategy: 1. Go long if gold falls back to 3345-3350. Go long if it falls back to 3335. Stop loss at 3328, target at 3386-3395;
FX:XAUUSDLong
by IvesBeck
XAUUSD:Go long near 3360 Gold prices yesterday changed the pattern of shocks, in good news, all the way higher. Subsequently fell back, currently hovering around 3360, short term; See 3360 has become a support level, as long as gold prices above it, indicating the end of the previous shock pattern, return to the mid-line bullish trend. Half - hour chart is strong, short - term trading strategy to do the main. Trading Strategy: buy@3360 TP:3370-73 ↓↓↓ More detailed strategies and trading will be notified here ↗↗↗ ↓↓↓ Keep updated, come to "get" ↗↗↗
OANDA:XAUUSDLong
by Boooob_
Gold Reclaims 3300, Faces Heavy Resistance AheadGold surged after Monday’s market open, reclaiming the 3300 level, and has already made an initial attempt at the 3306–3312 resistance area, where the 2H MA60 lies. Short-term indicators have started to turn bullish, but several resistance levels lie ahead: 3306–3312: First major resistance 3326–3332: Next target resistance area Around 3357: Previous gap zone, strong pressure The upside is full of obstacles, and bulls will need strong momentum to push through. Also, keep in mind: Rapid upward moves are often followed by pullbacks. If the price retraces, pay attention to: Support at 3288–3276 If this zone holds, further upside is likely Watch for support/resistance role reversals: A resistance level becomes support once broken A support level becomes resistance once it breaks Valid breakouts are confirmed when price stays above/below without immediate reversal This is one of the most reliable and practical trading principles. 📉 Medium-Term Trend Still Bearish The broader trend is still in a downward correction. Stay cautious and disciplined with short-term bullish moves. 📅 This week is loaded with key macroeconomic events, including: PMI Manufacturing ADP Employment Non-Farm Payrolls (NFP) Unemployment Rate Fed-related speeches and economic commentary Expect high volatility — great for profits if executed well, but dangerous if misjudged. Opportunities come with risks, so manage them wisely.
OANDA:XAUUSDLong
by Arthur3017
Gold: Two Clear Trading OpportunitiesGold surged to around 3390 after today’s open, but has since started to pull back. The current price is nearing the 30M chart MA60 support zone (around 3352), where a minor rebound may occur. 🔍 Short-Term Focus: Resistance to watch: MA10 area at 3369–3378 Trading bias: Primarily short from higher levels 🌐 Main Considerations: There's a large gap left open between 3289–3300, which poses a hidden downside risk. Resistance remains dense above 3400, and the rally left behind potential to form a double top (M shape) or head-and-shoulders pattern. Be cautious of bull traps and manage your positions wisely. 📌 Clear Trade Opportunities: ✅ Short above 3400 ✅ Look for long entries below 3320 The current structure offers identifiable opportunities. Stay disciplined, manage your risk, and trade with confidence.
OANDA:XAUUSDShort
by Arthur3017
GOLD H1 Intraday Chart For 3 June 2025Hello Traders, GOLD is in mid term Bullish Trend for now as we already captured nice pips yesterday with directional sequence but now all eyes on 3400 Psychological Level Breakout once it will break market will move towards 3430 for market in is consolidation zone between 3340-60 and expected to move back towards 3380 or even 90 if market breaks 3330 successfully today then it will move towards 3330 Psychological Level Disclaimer: Forex is Risky
SAXO:XAUUSD
by forexmoneya
Is there still room to chase long positions in gold?On Monday, gold prices surged more than 1.5%, hitting a new four-session high. After the European market opened today, spot gold prices advanced strongly, reaching an intraday high of $3,378 per ounce. This robust performance not only recouped part of last week's losses but also set the highest level in nearly four trading days. Market analysts generally agree that this rally is primarily driven by two major risk factors: the sharp escalation of the Russia-Ukraine conflict and fears of a trade war triggered by potential U.S. steel and aluminum tariff hikes. The financial markets are bracing for a thrilling week! Comprehensive Trading Strategy: For short-term trading of gold today, the recommended approach is to prioritize pullback long positions with counter-trend short positions as a secondary strategy. Upward Resistance: Focus on the short-term resistance zone at $3,390-$3,400/oz. Downward Support: Monitor the short-term support zone at $3,350-$3,340/oz. 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: buy@3340-3350 TP:3390-3400
CAPITALCOM:GOLDLong
by Ashbur
Gold's Bullish Comeback Inverted Head & Shoulders Pattern📊 Chart Analysis This is a 1-hour chart of XAU/USD (Gold Spot vs. USD) showing a classic Inverted Head and Shoulders pattern — a bullish reversal formation. 🔍 Pattern Breakdown: Left Shoulder: Formed in early May. Head: Deep dip mid-May. Right Shoulder: Developed in late May. Neckline Breakout: Price has broken above the neckline with strong bullish momentum. 📈 Key Levels: 🔵 Bullish Confirmation: 3,278.395 (breakout level, neckline) 🔼 First Target: 3,410.372 🔴 🎯 Final Target: 3,495.774 🚀 📉 EMA 70 (3,316.651) is acting as dynamic support, aligning with the bullish scenario. 🧠 Interpretation: As long as price stays above the bullish zone (3,278), the bias remains strongly bullish. Traders might consider entering on pullbacks or breakouts with stops below the right shoulder or neckline. 📌 Summary: ✨ Bullish Reversal Unfolding 💹 Breakout confirmed 🎯 Targeting higher highs
OANDA:XAUUSDLong
by KingProTrader
Gold 1D timeframe. What Next Moment?Hello everyone, I am back after 3 years. Finally I have decided to continue my trade journey in forex and crypto professionally. Here is the analysis of XAUUSD/Gold. Gold has taken a big bold moment of Uptrend since strong resistance breakout on march of 1st, 2024. Since that time Gold didn't looked back & continued it's rally in uptrend. So our major trend is Uptrend in 1D and 4H timeframe. Gold did some downtrend and sideway rally and again took another uptrend rally on Dec of 18th, 2024. Gold break all top high and made new high 3500. If I talk in 1D timeframe gold is trading in bullish flag, and I am not wishing it right now to break upward. But has you know it is gold anything can happen. While today is Monday and market opening was in gap. So it needs to fill the gap after that we can execute a trade. Still now needs some confirmation that it will come down. So have patience and watch the market carefully. Key point. Resistance - 3356, 3369, 3396 Support - 3343, 3323, 3304 Any Query Reach Us or comment down 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
XAUUSD:BUYAfter the good news came out. XAUUSD followed my expectations. Continued to rise above 3300. The current quotation is 3317. The tariff issue was released again over the weekend. Inflation fermented again, and the Russian-Ukrainian negotiations reached a tense and uncertain stage again. Traders who followed me to buy near 3290 successfully made good profits. Trading reference XAUUSD: Pressure position: 3360-3350 Support position: 3305-3295 BTCUSD: Pressure position: 107000-106000 Support position: 103000-102000 This week, there is the impact of the release of non-agricultural data. Usually divided into the front, middle, and back end of the triple impact. For traders, every time is a good trading opportunity. The impact is also very large. This week, we will focus on the impact of news and the stimulation of news to layout the wonderful transactions of XAUUSD and BTCUSD. Remember not to trade independently to avoid losses. If you have any ideas, remember to leave a message to me and my assistant.
TVC:GOLDLong
by Ludvig_Band_King