Safe-Haven Demand May Drive Gold Prices Higher✅ Today’s ADP report came in bullish for gold,
✅ Meanwhile, the Federal Reserve’s Beige Book reveals:
A slight slowdown in economic activity
Increased policy uncertainty and price pressures for businesses and consumers
An overall pessimistic economic outlook
📌 Combined with ongoing geopolitical tensions, this creates a supportive backdrop for safe-haven buying in gold.
🔍 Technical Outlook (1D Chart):
Gold is still facing a bearish divergence on the daily chart. For this to resolve, the market must choose between:
1️⃣ A strong breakout with volume, pushing toward 3430–3450
2️⃣ A pullback to repair structure, including filling the gap below 3300, which may later fuel a rally toward 3500+ if bullish catalysts arise
📅 Key Events to Watch This Week:
Thursday: Initial Jobless Claims
Friday: NFP (Nonfarm Payrolls)
⚠️ Also monitor developments on trade tariffs, which may affect market sentiment
📊 Short-Term Trade Plan (Range Strategy):
🎯 Key levels to watch:
Resistance: around 3400
Support: near 3366
📌 Consider range trading between 3408–3358, selling highs and buying dips with strict risk control.
Xauusdshort
Short-term bearish correction, within a potential bullish setupHere is a more detailed explanation of the chart analysis for XAU/USD (Gold Spot vs. U.S. Dollar) on the 30-minute timeframe:
📊 Chart Summary:
Instrument: XAU/USD (Gold Spot vs. U.S. Dollar)
Timeframe: 30-minute
Current Price: Around 3,359.945 USD
Trend: Short-term bearish correction, within a potential bullish setup
📌 Key Technical Levels:
1. Support Zone 🟩
Level: 3,342.605 USD
This is the zone where buyers are likely to step in. It's a previous demand area where price may reverse or consolidate before moving higher.
2. Resistance Level 🟥
Level: 3,391.323 USD
A key level to watch. If price breaks above this, it signals bullish strength and continuation.
3. Demand Zone 🟦
Level: 3,409.880 – 3,410.342 USD
Target area where strong buying activity previously occurred. Price may gravitate toward this if bullish momentum builds.
🔄 Price Projection Path (Expected Movement):
Price may test the support at 3,342.605, forming a potential reversal base.
A bullish move is expected toward the resistance at 3,391.323.
If broken, price could continue its upward trajectory toward the demand zone around 3,410.342.
🧠 Trading Implication:
Bullish Setup: Look for confirmation near the support zone for a long entry.
Breakout Traders: Watch for breakout above resistance for continuation trades.
Risk Management: Use tight stops below support; consider scaling out near resistance.
Let me know if you'd like a trading strategy or signals based on this analysis.
Gold rebounds but hits resistance, pulls back Recently, Nonfarm Payroll data dropped significantly and fell short of expectations 📊! Although the Federal Reserve has remained cautious about rate cuts, under the pressure of persistently weak data, it will face mounting pressure from all sides to cut interest rates and rescue the market ⚠️. Gold successfully stabilized and rebounded today after pulling back to test the vicinity of 3333 at its lowest point ✨! Despite currently trading within a range near 3375-3380 and hitting resistance, unable to break higher 📉, there is still room for trading opportunities 💹🚀.
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Continue to short goldTechnical aspect:
Although the ADP data release is a big positive for gold, the trend of gold is quite different. It only rebounded to around 3362 and then gradually fell back, which to a certain extent strengthened the effectiveness of the short-term resistance area of 3365-3375. For the time being, technical indicators alone cannot support gold to continue to rebound. After consuming a certain degree of bullish momentum, gold will continue to retreat. And I think 3340 will be broken, and even continue to the 3330-3320 area. So in terms of short-term trading, I still prefer to short gold.
Trading strategy:
Consider shorting gold in the 3360-3370 area, TP: 3345-3335.
Market situation unclear? Check out this analysis📰 Impact of news:
1. ADP data is significantly positive
2. Trump: "Mr. Too Late" Fed Chairman Powell must cut interest rates now
📈 Market analysis:
The ADP data is significantly bullish, but we cannot rule out that this is an illusion created by the market, because although the daily line has formed a golden cross, it has not fully released the bullish momentum, and has not been able to exert force in the bullish upward trend. Therefore, I prefer to go long at a low position in the US market rather than chasing it immediately. At the same time, the upper 3365 may become a short-term strong pressure level. If the gold price encounters resistance here, the US market will usher in a retracement, and then it will be our time to go long.
🏅 Trading strategies:
SELL 3360-3365
TP 3340-3330
BUY 3330-3317
TP 3360-3370-3400
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.
TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
Gold trend analysis and layout before ADP data release📰 Impact of news:
1. May ADP data
2. The geopolitical situation worsens
📈 Market analysis:
Today, the gold price in the Asian session hit the 3370 line and then began to fall. Before the release of the ADP data, the gold price is likely to fall into a volatile pattern. The upper short-term resistance is 3370-3380. Pay attention to whether it can break through 3392, which will determine whether the short-term gold price can reach 3400. Pay attention to the support below 3350-3345, and focus on the 3330 line support. Once it falls below 3330, the gold price may reach 3317. If the ADP data is released and stabilizes near 3317, and then quickly closes the long lower shadow. Then you can rely on the 3317 to enter the market and do more. As long as it rebounds to above 3330 again, then the high point near 3390 above will definitely not be maintained. On the contrary, if gold falls below the 3330 and 3317 levels during the US trading session, don't go long easily. Participate in the high-altitude and low-multiple cycle during the European session. If it retreats to 3355-3345, consider going long with a light position and look at 3360-3370. If it touches 3375-3390 and is under pressure, consider shorting. Focus on ADP data!!
🏅 Trading strategies:
BUY 3355-3345
TP 3360-3370
SELL 3375-3390
TP 3350-3340
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.
OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
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
Gold Technical Analysis - Bearish Reversal Confirmed?Gold (XAU/USD) is trading around $3,270 area, exhibiting a bearish trend influenced by technical breakdowns and macroeconomic factors. Gold is currently under pressure, with technical and fundamental factors aligning to suggest potential for further declines. Traders should monitor key support levels and upcoming economic data releases for signs of a reversal or continuation of the bearish trend.
📉 Technical Analysis
Gold has declined from recent highs near $3,370 , indicating a loss of bullish momentum.
The price has broken below the $3,280–$3,295 support zone, now acting as resistance, suggesting potential for further downside.
Key Support and Resistance Levels:
Resistance:
$3,280–$3,295: Immediate resistance zone.
$3,300–$3,310: Critical resistance area; a breakout above could indicate a bullish reversal.
Support:
$3,240–$3,245: Current support zone; a drop below may lead to further declines.
$3,200: Psychological support level; breaching this could accelerate bearish momentum.
🌐 Fundamental Factors
The U.S. dollar has strengthened due to the Federal Reserve's cautious stance on rate cuts, making gold less attractive as a non-yielding asset.
Economic Data:
Upcoming U.S. GDP and PCE data releases are anticipated to influence gold prices, with strong data potentially exerting further downward pressure.
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!
Continue to short gold after the reboundTechnical analysis:
Gold rebounded after hitting 3333 overnight. So far, it has reached 3361. However, it can be clearly seen from the rebound process that the rebound is not strong, so I think the rebound space may not be too high. In the short term, it faces resistance in the 3365-3375 area. The strong resistance above the 3390-3400 area still exists, so it may be difficult for bulls to make a major breakthrough in the short term; and the support area below in the short term is in the 3340-3330 area, and the important support is in the area around 3320;
Trading strategy:
Consider shorting gold in the 3365-3375 area, TP: 3350-3340
6/4 Gold Analysis and Trading SignalsGood morning, everyone!
Gold experienced a strong intraday reversal yesterday, pulling back sharply after an initial rally. The price rebounded after entering our 3338–3321 buy zone, and is now approaching the 3362 resistance level. Technically, the short-term structure remains within an ascending rebound channel.
Key resistance levels to watch today:
First resistance near 3378
Psychological level at 3400
Extended resistance zone at 3416–3438
If price stalls near 3362 and pulls back, support is expected around 3345–3336, which could form a secondary bottom. If the rejection happens closer to 3380, then 3358–3352 is the support zone to watch. Should gold rally into the 3400–3416 area, keep a close eye on 3385, 3372, and 3365 as potential pullback supports.
📉 Technical Outlook:
4H chart: Price remains in a mild uptrend channel, with key structural support at 3323–3307. However, volume is not confirming the rally, and a potential double top formation cannot be ruled out.
1H chart: Strong support lies at 3343. The MACD is at a decision point, with bulls slightly favored. If volume increases, gold may retest the 3390 high or even push higher.
🗞 Fundamental Factors:
Today, focus on the ADP Employment Report and key Fed-related news during the U.S. session, which may create sharp intraday volatility or alter the trend trajectory. Be especially alert during the New York session.
📌 Today’s Trade Plan:
Sell between 3418–3438
Buy between 3318–3306
Key levels for tactical trades:
3413 / 3392 / 3381 /3365 / 3358 / 3343 / 3328
Strategy Outlook:
Maintain a “sell high, buy low” intraday approach, focus on volume-driven breakouts, and avoid chasing extreme moves blindly.
XAU/USD Bearish Rejection at Resistance – Potential Drop Ahead!XAU/USD Bearish Rejection at Resistance – Potential Drop Ahead! 💥
🔍 Technical Analysis:
Instrument: Gold vs US Dollar (XAU/USD)
Timeframe: Daily
Current Price: $3,363.26
Resistance Zone: $3,380 – $3,470
Support Zone: $2,970 – $3,100
🧠 Market Context:
Gold has recently approached a well-defined resistance zone near the $3,380–$3,470 range. Price action shows multiple rejection wicks and failed attempts to break above this level, indicating strong selling pressure from bears. 🐻
The current candlestick structure suggests the market is printing lower highs, which may indicate a transition from a consolidation phase into a potential bearish trend.
📉 Projection:
The chart projects a move down toward the support zone, around $2,970–$3,100, possibly due to:
Repeated rejections at the resistance zone 🔄
Lack of bullish momentum near highs ⚠️
Bearish engulfing or reversal candlestick formations 🔻
✅ Key Levels to Watch:
Level Type Price Zone Action
🔴 Resistance $3,380 – $3,470 Strong rejection expected
🟢 Support $2,970 – $3,100 Major demand zone; potential bounce
🧭 Trading Outlook:
⚠️ If price fails to break above the resistance zone, short opportunities may develop with a target near the support zone. A confirmed break and close below $3,300 would strengthen bearish sentiment.
📌 Bearish Bias Maintained Until Resistance Breaks
Long orders have made profits, gold layout in the evening📰 Impact of news:
1. Economist: The Federal Reserve may cut interest rates sharply in December
2. Lee Jae-myung, candidate of the Democratic Party of Korea, was elected president of South Korea
📈 Market analysis:
Currently, the gold price is in a consolidation pattern, showing an overall volatile pattern during the day. The hourly Bollinger Bands are opening downward, and the MACD indicator is running in a dead cross. In the short term, the bears have a certain advantage. However, observing the 4H level, it can be found that the RSI indicator crosses when entering the overbought area, suggesting that the risk of a correction in the short term has increased. For evening operations, it is recommended to wait for the gold price to stabilize before entering the market, focusing on the important support of 3335-3325. If it obtains effective support and stabilizes in this range, the gold price may resume its upward trend. If it falls below 3325, the bullish momentum will be weakened. Therefore, it is recommended to wait for a pullback to 3335-3325 to go long in the US market, and look to 3350-3370 in the short term.
🏅 Trading strategies:
BUY 3335-3325
TP 3350-3370-3400
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.
TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
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.
The latest trend analysis and operation layout of Europeanmarket📰 Impact of news:
1. Speech by the Federal Reserve during the US trading session
2. Geopolitical and tariff issues
📈 Market analysis:
Recently, the escalation of the Russia-Ukraine conflict and global trade tensions has pushed international gold prices to rise strongly. Although Russia and Ukraine reached a consensus on prisoner exchange in the second round of negotiations on Monday, the ceasefire agreement remained deadlocked. Coupled with the US announcement of additional steel tariffs, geopolitical risks and economic uncertainties stimulated risk aversion sentiment.
From a technical perspective, the upward trend of gold since 3120 is clear. After breaking through 3340 on Monday, it accelerated to test the 61.8% Fibonacci resistance level of 3396, but the pressure at the 3400 integer mark is significant. At the same time, 3330 below is still the current key support level. The current decline in gold prices is more like a technical correction to yesterday's rise. Yesterday, we reminded everyone to pay attention to the 3355 level. The intraday operation suggestion for the European session is 3355-3345. You can try to go long and look at the 3370-3380 line. If it breaks through effectively, it will test the 3396 or even 3400 line; if it fails to break through the upper resistance, it will fall into a range of fluctuations.
🏅 Trading strategies:
BUY 3355-3345
TP 3370-3380-3390
SELL 3370-3380
TP 3350-3340-3330
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.
OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
Under pressure in the short term, short gold after rebound!In the short term, gold has risen sharply under the simultaneous stimulation of tariffs and geopolitical conflicts, but it has gradually fallen back after reaching around 3392, and has not broken through the 3400 mark in one fell swoop, indicating that the bullish momentum does not have the potential to continue to rise for the time being, so it may still need a certain degree of technical support, so gold has a need to retrace in the short term;
In addition, if gold continues to retrace, then there may be a structural form at the technical level that offsets the short-term double bottom structure support, so gold may also form a double top structure in the short term. The first thing we need to pay attention to is the resistance near 3370, followed by the resistance near 3390; and below we must first pay attention to the support near 3345, followed by the 3330-3320 support area.
Trading strategy:
1. Consider continuing to short gold in the 3370-3380 area, TP: 3355-3345;
2. If gold first retreats to the 3345-3335 area and does not fall below this area, consider going long on gold; TP: 3360-3370
XAUUSD A few hours ago, the gold trade I shared closed with a profit. Congratulations to everyone who took advantage of it. We've now seen a slight pullback, and I'm seizing the opportunity by opening another sell trade on XAUUSD — here are the details for those interested:
🔍 Trade Details:
✔️ Timeframe: 15-Minute
✔️ Risk-to-Reward Ratio: 1:1.50
✔️ Trade Direction: Sell
✔️ Entry Price: 3348.32
✔️ Take Profit: 3339.69
✔️ Stop Loss: 3354.06
🔔 Disclaimer: This is not financial advice. I’m simply sharing a trade I’ve taken based on my personal trading system, strictly for educational and illustrative purposes.
📌 Interested in a systematic, data-driven trading approach?
💡 Follow the page and turn on notifications to stay updated on future trade setups and advanced market insights.
XAUUSDHello traders,
There’s a potential trading opportunity on XAUUSD. I’ve already activated the trade on my end and I’m sharing the target zone with you as well.
🔍 Trade Details:
✔️ Timeframe: 15-Minute
✔️ Risk-to-Reward Ratio: 1:1.50
✔️ Trade Direction: Sell
✔️ Entry Price: 3361.17
✔️ Take Profit: 3351.45
✔️ Stop Loss: 3367.64
🔔 Disclaimer: This is not financial advice. I’m simply sharing a trade I’ve taken based on my personal trading system, strictly for educational and illustrative purposes.
📌 Interested in a systematic, data-driven trading approach?
💡 Follow the page and turn on notifications to stay updated on future trade setups and advanced market insights.
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.
Evening gold analysis and trading point layout📰 Impact of news:
1. Fed's Goolsbee: Despite the unresolved tariff issue, it is still believed that interest rates are expected to fall in the next 12 to 18 months
2. May PMI data is positive
3. Russian media: Russia lists the full withdrawal of Ukrainian troops from Russian territory as one of the ceasefire options
📈 Market analysis:
Judging from the 4H chart, gold is currently fluctuating around the 3370 line, and the bulls are still relatively strong. We should pay attention to the short-term support at 3365-3355 below, and the short-term suppression at 3385-3395 above. If it breaks through the upper suppression, we will pay attention to the 3400 line suppression position. The recent market fluctuations have been relatively large, so bros must set take-profit and stop-loss when trading independently!
🏅 Trading strategies:
BUY 3365-3355
TP 3370-3380-3400
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.
TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
XAUUSD/Gold on 3rd May 2025As yesterday I posted that golds is in major uptrend and it is still active. On daily timeframe gold made breakout upward direction of channel and 3382. As I said gold made gap wile opening on Monday so it was strongly bullish, now we want it to fill the gap. And did it is first rejection and coming down. No gold is trading at 3360-65 range, and it is support, soon if it get's break toward downward then price can surge to 3323-3330. Waiting for confirmation and then execute trade.
Key point.
Support - 3364, 3330, 3313
Resistance - 3386, 3400, 3414
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Rudra Vasaikar Wishes You A Great And Very Amazing Trading Life. Trade Safe, Trade Right.
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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.
XAUUSD TechnicalsThe chart presents a pivotal moment in Gold (XAU/USD) on the 1-hour timeframe, as price reacts to a key structural zone. After a strong impulsive bullish move earlier in the session, price rallied sharply toward the $3,370–$3,385 range. But now, a visible retracement has pulled it back into a well-defined support zone that previously acted as resistance.
At this moment, the market is at an inflection point — visually represented by the orange confluence circle, where the current price intersects a previous consolidation breakout level and sits right above a deeper support band.
What's happening technically?
Price is now retesting the purple support box, which overlaps closely with the base of the bullish breakout that occurred earlier. This is significant because it could function either as:
Support confirmation: where the market "respects" the previous breakout zone, establishing it as a new demand area and thus signaling the continuation of the uptrend.
Fakeout zone: where the price loses this level, indicating that the prior bullish impulse was unsustainable, setting up for a deeper correction — possibly down toward the $3,335 or even $3,310 regions.
The small candle forming at the support zone shows slowing bearish momentum, which could be interpreted as the first signs of stabilization. But the volume tells us more — earlier bullish momentum came with strong volume spikes, while the recent pullback seems to be on declining volume, which can often indicate profit-taking rather than full-blown reversal pressure.
Interpreting the two potential paths:
If price holds above the purple zone and shows bullish candle confirmation (like a bullish engulfing or a strong pin bar), there's a good probability that gold will resume its bullish leg, potentially retesting $3,385 and stretching further to $3,400+.
However, if price decisively breaks below the orange confluence zone (especially below $3,350 with a large bearish candle and volume spike), then bears could regain control and drive it toward $3,320 or even lower. In this case, the earlier rally would appear as an exhaustion move or news-driven spike.