GOLD trade ideas
Gold remains bullish. But....Last week gold was very volitile. with big movements up to 700pips. During market closure gold got big pricegaps. Be carefull trading this volitile market.
Notice the longterm uptrend in the daily and weekly time frame. If we break it down to H2 we got a clear head and shoulder pattern. It will only be valid if gold manage to break the neckline of this pattern and break below the H2 FVG/support located around 3246 up to 3256. Confirmed break will send gold lower. If gold manage to break above the resistance trend our first bull target should be 3365 level.
I use Priceaction trading only.
Resistance: 3319, 3343, 3367, 3385
Support: 3294, 3246, 3232
GOLD - WAVE 4 CORRECTION TO $2,800 (UPDATE)Don't forget we're still in a Wave 4 correction, before the next Gold bull run (Wave 5) resumes. Expecting a mid term flat correction & as this is Wave 4, it is likely we'll experience choppy market conditions.
But get ready to buy the huge, discounted dip back up📈
Gold's Trend and Trading Strategy for Next WeekLast week, the price of gold sharply declined after hitting the resistance level of $3,500, dropping to around $3,260 at its lowest point. The weekly chart closed with a bearish inverted hammer candlestick pattern, suggesting a sharp short-term downward momentum. However, on Friday evening, the gold price rebounded near the support level of $3,260 and regained the $3,300 mark. Combining the current fundamental and news-driven analysis, gold remains in an overall upward trend:
Technical Analysis
Although the weekly inverted hammer pattern indicates selling pressure at higher levels, the rapid rebound from the bottom to reclaim the key $3,300 level signals the persistence of bullish momentum. If the short-term decline fails to effectively break below the strong support at $3,250, the gold price has the potential for a rebound.
Trading Strategy
Next week, it is recommended to adopt a bullish bias and focus on long positions. Consider entering near $3,283, with a stop-loss set below $3,260. The upper resistance levels are sequentially $3,331 (short-term resistance) and $3,370 (target after breakthrough).
Risk Warning
Be vigilant against shocks to gold prices from sudden geopolitical news or changes in Federal Reserve policy expectations, and strictly control position sizing and stop-loss levels.
I hope this strategy will be helpful to you.
When you find yourself in a difficult situation and at a loss in trading, don't face it alone. Please get in touch with me. I'm always ready to fight side by side with you, avoid risks, and embark on a new journey towards stable profits.
XAUUSD Analysis today: Support break?Hello 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.
XAU / USD 2 Hour ChartHappy start to the trading week. I can see a few possible scenarios playing out. Let's see what happens at my first area of interest. I am not looking to take a trade when the market just opens. But I will keep my eye on both areas of interest and check to see how the overnight sessions went. Big G gets my thanks. Be well and trade the trend.
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.
How is gold going? What to do now?After reaching the psychological high of $3500, it entered a correction phase, which was also affected by the slight easing of the US-China tariff conflict...
After failing to hit the 3250 area of concern, gold prices will be slightly stronger. Meanwhile, the market is looking forward to the US PMI data. Earlier, gold prices hit an all-time high of $3500, but fell back on hopes of a easing of the US-China trade war and the US Treasury Secretary's remarks about a possible "detente".
The dollar recovered in the correction, but investors doubted Trump's predictability and gold prices began to pull back at this time. The focus is on the S&P Global PMI index: the results of this index may affect expectations for the federal funds rate and bring a new direction to the market.
From a technical point of view, gold prices are in a correction and confirm the bearish structure. But any unexpected remarks from Trump may attract a lot of buying.
Quaid data analysis:
Upward resistance: 3340, 3360
Downward support: 3280, 3250
Quid believes that buying can be considered when retesting the support level or closing above 3370.
Traders, do you agree with Quaid's idea? Please leave your thoughts. I'll be happy that way.
Gold Price in Key Compression Zone: Awaiting BreakoutThe 1-hour chart of XAU/USD (Gold Spot vs US Dollar) shows a clear symmetrical triangle formation, where the price has been compressing between a descending resistance zone (red) and a horizontal support zone (green). Here's a breakdown of the setup:
Support Zone (~3040–3080 USD):
This area has acted as a strong base multiple times, suggesting buyers are stepping in consistently at this level.
Resistance Trendline (~3310–3320 USD):
The price has repeatedly tested this descending resistance line but has failed to break above it so far.
EMA Indicators:
50 EMA (black line): Currently acting as dynamic resistance.
200 EMA (blue line): Price is hovering around it, indicating indecision.
Projected Breakout Scenarios:
Upside Breakout:
If price breaks above the resistance trendline, a sharp rally is projected towards the 3480–3520 USD zone. This move aligns with previous supply levels.
Downside Breakout:
If support fails, we could see a breakdown toward the 3040 USD region, with extended targets near 3080–3040 USD.
Current Bias:
The market is consolidating, and a breakout is imminent. Watch for volume and candle confirmation at either the resistance or support to determine the next major move.
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Disclosure:
I am a participant in TradeNation's Influencer Program and receive a monthly fee for utilising their TradingView charts in my market analysis.
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GOLD ANALYSISIn this analysis we're focusing on 1H time frame for Gold. Today I'm expecting bullish momentum and my bias was bullish. On the basis of SMC concept and price action when price reach my zone and give any bullish confirmation, after observing strong confirmation. I'll trigger my trades. Let's see what happens and which opportunity market will give us.
This is a higher time frame outlook. Let's analyze more deeply in smaller time frame for finding ideal and crucial entry point. Confirmation is very important.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analysis.
#XAUUSD 1H Technical Analysis Expected Move.
Gold Analysis | End of Bullish Trend or Start of Major CorrectioAfter completing five bullish waves based on Elliott Wave Theory, Gold is now at a major decision point!
✍️ This week’s outlook:
Key Resistance: $3377
As long as this level holds, we expect a bearish C wave targeting $3166.
Chart is ready; waiting for price action confirmation!
Alternative Scenario: If resistance breaks, the corrective scenario will be invalidated.
What’s your outlook on Gold?
#TechnicalAnalysis #Gold #ElliottWave #TradingView #XAUUSD
Gold fluctuates upward, target 3400~3500Since the peak at 3500, the lowest price in the US market on Wednesday was 3260. It fell by 240 US dollars in two trading days this week. The momentum is very strong, but the big cycle of gold this year is still a bullish trend. Don't be affected by the adjustment of the small cycle. In the bullish rhythm, the adjustment is to give opportunities for long positions. Therefore, once the adjustment is over, you can start to go long and bullish.
From a technical point of view, the daily line stands firmly above the 10-day moving average, which is an important reason for the current bullishness of gold. For the time being, the daily mid-term Bollinger has not closed, and don't guess the top when it rises. The short-term target is 3400, and the long-term target is 3500. After the breakthrough, don't guess the highest point. The performance of the H4 mid-term is obvious. The bottom is above the lower Bollinger track and the 60-day moving average, and the Bollinger band just closes. This is a very obvious performance of stopping the decline and bottoming out!
If gold breaks through the 3370 line again, then gold will truly turn strong. Even so, it will fluctuate and rise, and we must wait patiently for the opportunity to continue to fall. The market changes rapidly, and the recent gold market is like this, with ups and downs, so don't be surprised.
Key points:
First support: 3332, second support: 3320, third support: 3300
First resistance: 3370, second resistance: 3386, third resistance: 3408
Operation ideas:
Short-term gold 3322-3325, stop loss 3313, target 3360-3380;
Short-term gold 3383-3386, stop loss 3395, target 3320-3330;
Gold - Why a drop to 3250 could be the perfect buy!Gold has been in a strong and sustained uptrend, showing impressive momentum with minimal pullbacks along the way. At the moment, Gold is forming a rising wedge pattern, which could indicate potential short-term downside price action. If we see a retracement from current levels, I’ll be watching closely for a long opportunity.
A break below this rising wedge would suggest possible short-term downside movement. This would actually be healthy for the overall trend, as small pullbacks are a natural and necessary part of a strong uptrend. It helps shake out weak hands, reset indicators, and build stronger support for the next leg higher.
Why a drop to around 3250?
If the wedge breaks, there’s an imbalance zone (4h FVG) sitting just below the current price level that has yet to be filled. These imbalance zones are created when price moves sharply in one direction, leaving gaps in the market structure. These areas often act as magnets, drawing price back to fill them before the trend resumes.
This particular imbalance zone lines up perfectly with the golden pocket Fibonacci retracement, adding further significance to the level as a strong area of support for the bulls. When technical confluences align like this, they tend to become high-probability reaction zones.
It’s also worth noting that this was the last major high that was broken before Gold made its most recent move upward. That makes this level even more likely to be defended by buyers. Bulls who missed the initial breakout will be watching this level closely for entries.
What are we watching for?
If Gold fails to hold the structure of the rising wedge, it opens the door for a sharper pullback towards the 3250 zone. This level aligns with multiple key confluences: the support zone, the 4h FVG, and the golden pocket. All of these factors together make it a prime level to look for bullish setups.
Conclusion
Gold remains in a strong uptrend but is starting to show early signs of a potential short-term pullback if it loses the rising wedge structure. Should that happen, the primary target for downside would be the 3250 level. This is where I’ll be looking for long opportunities, as it aligns with major support, the 4h imbalance zone, and the golden pocket retracement.
While this pullback would be short-term in nature, the broader trend remains bullish. As long as key levels hold and market structure stays intact, the bigger picture favors further upside. A healthy retracement here could set the stage for a more sustainable and explosive next leg up.
Thanks for your support.
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Gold short-term analysisSpot gold rebounded slightly in early Asian trading on Thursday and is currently trading around $3,329, supported by bargain hunting. Gold prices continued to fall from record highs on Wednesday, falling nearly 3%, hitting a low of $3,260.08 and closing at $3,288.18. Investors were relieved by hopes of easing trade tensions and President Trump's abandonment of his threat to fire the Fed chairman. The dollar rebounded against major currencies on Wednesday, with the dollar index rising 0.94% on Wednesday, recording two consecutive gains on the daily line, reaching a high of 99.94, a nearly one-week high, and closing at 99.90. Earlier, US President Trump said he did not intend to fire the Fed chairman and hinted at progress on tariffs. The dollar and US stocks rebounded, suppressing gold prices. After gold prices were blocked and fell back at the 3,500 mark, more short-term long profit-taking also dragged down gold prices.
From the daily level, gold rose strongly during Tuesday's session, hit the key price of 3,500, then fell back and finally closed down. This trend of rising and falling showed that the selling pressure from above was heavy, and the buying power encountered strong resistance from selling at high levels. Then, gold continued to fall on Wednesday and closed down again, forming a technical pattern of two consecutive declines. This continuous decline further confirmed that short-term bears are dominant.
Overall, today's short-term operation strategy for gold is mainly rebound short selling. The upper short-term focus is on the 3365-3370 line of resistance, and the lower short-term focus is on the 3305-3300 line of support
Interval buy: 3305-3303, LS:3293, TP: 3325-3335
Interval sell: 3360-3362, LS:3372, TP: 3340-3345
Key points:
First support: 3305, second support: 3300, third support: 3290
First resistance: 3360, second resistance: 3370, third resistance: 3375
Gold price range oscillates (3260-3360)Gold price range oscillates (3260-3360)
As shown in Figure 4h:
Strong pressure zone: around 3360
Strong support: around 3260
Regional midline: ray 3
Regional support line: ray 2
Bull-bear watershed: 3330-3340
Next week, both long and short strategies have opportunities
Short strategy:
Continue to bearish gold price below 3340, short at high point, stop loss range: 3360-3370. The stop loss span is large, suitable for secondary entry short layout, be sure to control the order ratio.
Long strategy:
1: Wait until the gold price falls to the 3360-3340 range to go long, stop loss 3340-3330 (this strategy requires patience to wait for the opportunity)
2: Wait until Line 3 stands above 3340, go long at the low gold price, stop loss 3330-3335. (This strategy also requires patience to wait for the opportunity)
The last digression:
Do you want to fight Trump?
My answer is: I want to be Trump too
GOLD Expecting once Short Term Bearish Gold next setup trade wisely best of Luck.
Analysis from Mr Martin Date 25 April Friday 2025
Gold seeing a bearish pattern no need to move upside Gold is very weak Optimism about tariff cuts quickly faded after denials from the white house weak US business activity data is fuelling talk of fed Policy fed Policy technically Gold will push but no up more after again decline top downside.
Ps Support with like and comments for motivating to share more analysis with you Thanks investors.
GOLD - $6,200+ BULL RUN?! (MONTHLY TF)I believe we’re in for another huge bull run towards Wave 5 ($6,200), after a Wave 4 correction towards $2,800. Waiting on a final move down to liquidate late buyers.
Confluences👇
⭕️Wave 3 Peaked at Psychological Number of $2,500 (LQ Point).
⭕️Wave 4 & 5 Pending.
⭕️Overbought Market Conditions.
GOLD - WAVE 4 CORRECTION TO $2,800This video analysis is leading on from our long term target for $6,200 which I posted yesterday. We can see from the strong impulse move up, the entire bullish cycle is not complete yet & has more upside, AFTER a healthy correction.
Confluences👇
⭕️Wave 3 Peaked at Psychological Number of $2,500 (LQ Point).
⭕️Wave 4 & 5 Pending.
⭕️Overbought Market Conditions.
Gold price breaks down: Will gold price continue to rise?At the short-term 4-hour level, the intraday rebound was under pressure from the middle track downward. At present, the K-line has returned to run below the moving average. The short-term trend is bearish. The market may further test the support near the lower track 3240. The short-term upper pressure focuses on the pressure near 3315, which is near the ma5 moving average. Above it is the pressure near the middle track that has moved down to 3338. Relying on these two suppressions tonight, there is still room for further decline, pointing to the previous day's low of 3260. If it continues to break through here, then the first attempt at bottom speculation may be close.