Get started
GOLD Spot (XAUUSD) (OANDA EU Clients)GOLD Spot (XAUUSD) (OANDA EU Clients)GOLD Spot (XAUUSD) (OANDA EU Clients)

GOLD Spot (XAUUSD) (OANDA EU Clients)

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals

GOLD.PRO.OTMS trade ideas

GOLD → Correction after a false breakout. A reversal?FX:XAUUSD is forming a false break of the channel resistance within the rally, we should wait for a correction, but not for a trend reversal. Let's see what we can expect from the price in the short and medium term. Gold is reacting to market turmoil over Trump's tariff plans. Investors are looking for protection ahead of the possible imposition of new duties from April 2, boosting demand for the metal Fears of a trade war and a slowing global economy are supporting gold despite positive US GDP data. PCE data and tariff updates will be key catalysts for further movement. Higher inflation could dampen the rally, while weak data will reinforce bets on a Fed rate cut, helping gold to rally further. The energy to continue the move is gone, so I am waiting for a correction to the imbalance zone or to 0.7 Fibo to accumulate potential. The price may consolidate in the zone of 3050 - 3075 before it continues its growth Resistance levels: 3075, 3085, 3095 Support levels: 3059, 3055 The correction after a strong rally can be quite deep. The imbalance zone 3066 - 3063 and liquidity zone 3057 play an important role. False breakdown of support may resume growth. Regards R. Linda!
FX:XAUUSDLong
by RLinda
17
Where will gold price go today?Hello dear friends, a new week has arrived, wishing you a lot of energy! At the beginning of the new trading week, gold continues to extend its previous downward trend. The precious metal once dropped below the $3,000 mark but quickly regained some recovery, although it has not yet fully stabilized. Currently, the trading level is moving around the $3,027 area, marking a decline of more than 0.32% at the time of writing. Regarding the outlook, global economic and political factors indicate an unfavorable environment for gold prices during this period. Accordingly, this week, 16 experts participated in the Kitco News Gold Survey, and the results show that Wall Street has reversed its extremely optimistic view from the previous week. Five experts (31%) predict that gold prices will recover this week. Eight (50%) believe that gold prices will continue to decline. The remaining three (19%) think that gold prices will move sideways around the current low levels. Meanwhile, the Kitco online survey attracted 273 retail investors to participate. Retail investor sentiment only slightly decreased compared to the previous week. A total of 167 people (61%) expect gold prices to rise this week; 70 people (26%) predict a decline; while the remaining 36 people (13%) think prices will move sideways. What about you, what do you think about the gold price trend this week?
OANDA:XAUUSD
by Garygoldtrader
5
XAUUSD: Continuing the journey to increase sharply?Hello to all speculators! After carefully examining our 1-hour chart, it is evident that the uptrend remains intact. Despite some minor corrections, the upward momentum persists, especially after gold successfully broke through the previous resistance barrier. There are no signs of slowing down, indicating that the global uptrend foundation remains solid. A potential new bullish wave may emerge at this high level, continuing the long-term upward trend observed in recent weeks. Gary's target is to surpass the peak of $3,167 and aim for new highs in the near future. If you find this information helpful, don’t forget to like and follow Gary for the latest updates!
OANDA:XAUUSDLong
by Garygoldtrader
4
Current pressure of gold: 3015-3020Current pressure of gold: 3015-3020 As shown in the figure: We now integrate the downward channel 0 of gold into the chart and draw a very clear conclusion The most direct pressure facing gold is the 3000 watershed The convergence pressure comes from around 3015-3020 The downward support has touched around 2955 Obviously In the coming days, gold will most likely continue to weaken, continue to converge and oscillate in the 2955-3020 range, and repeatedly test the differentiation effect of the 3000 integer mark. The corresponding strategies are as follows: Focus: Pressure around 3015-3020, short, stop loss 3025 Focus: Support around 2955-2960, long, stop loss 2950 The targets of both long and short sides are 3000 points. Because there is a high probability that a new trend will break out here at 3000 in the future This is my current view If you are interested, please leave me a message, I am happy to discuss with you, thank you
FX:XAUUSD
by Louisa00000
1
The price of gold will reverse!As predicted, we expected a 5-wave formation, which happened, and with the formation of a divergence between waves 3 and 5, the price of gold fell. Now a small wave with 5 parts has formed, which could be wave A of a zigzag. We expect the price to grow by 61.8% of the decline that occurred in the main wave B. Now, considering the psychological support of $3,000, this price reversal may happen right now or it may fall to the $2,960 range and then the price will grow. In general, we will have a growth in the main wave B and then another sharp decline in the main wave C. Meanwhile, the RSI indicator has also reached the oversold limit. Good luck and be profitable.
FX_IDC:XAUUSDLong
by Abbas_GoatEon
1
XAUUSD Hitting 44 year ResistanceGold is currently hitting a key resistance area that goes back to 1980 (44 year) trendline. Some time may be required to correct and absorb this recent bull move. However, I would not be selling out of it completely if that's what one wishes to do with this information. I prefer people read this chart as a good way to set their expectations in case Gold stalls for a while to prevent them from panicking out of this position. Longer term I remain bullish on gold. Especially with Trump the 6-time bankrupt "businessman" being the 47th
FX:XAUUSD
by RealMacro
12
"Gold Approaching Key Support – Will Bulls Take Control?"🔹 Market Structure: Gold is currently in a corrective phase after a strong bullish run, facing a pullback from recent highs around $3,160. The price has now approached a key horizontal support zone near $2,980 - $3,020. 🔹 Key Levels: ✅ Resistance: ~$3,160 (previous high) ✅ Horizontal Support: ~$2,980 - $3,020 (marked in blue) ✅ Target Level: ~$3,099 (potential bounce area) 🔹 Potential Scenarios: 1️⃣ Bullish Reversal: If the price finds support in the marked zone and forms bullish confirmation (e.g., hammer candle, bullish engulfing), we could see a retest of $3,099 and potentially higher levels. 2️⃣ Breakdown Scenario: If support fails, gold may see further downside towards $2,950 or lower. 🔹 Trading Plan: 📈 Buy Setup: Look for bullish confirmation near support (~$3,020) with a target of $3,099 - $3,120. 📉 Sell Setup: If support breaks, short positions could target $2,950 - $2,920. 🔸 Bias: Bullish above support, bearish below it. 🔸 Risk Management: Use a stop-loss below support (~$2,980) to manage risk. Would you like me to refine this further or add any indicators like RSI, Moving Averages, etc.? 🚀
OANDA:XAUUSDLong
by PIPsOptimizer
1
Gold and Elliott Wave Theory.Wave 2(Green) was a Zigzag and we should expect a Flat correction for a Wave 4. An A Wave forms shortly after Wave 3 was formed and a Wave B should follow. B's have 3 waves-- two impulses and one corrective-- and in this case Wave A was a simple Wave that was corrected by a Flat for B(Black). Our last impulse is a 5 Wave move and is marked in Black. We are currently on Wave 4 which will be a Flat because 2 was a zigzag. We are currently on the last phases of the B wave(Blue) that comes before a C(Blue) also a 4(Black) in this case. A retest at the 261.8% would spark a Wave 4.
OANDA:XAUUSD
by machariavictor017
1
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone, Please see update on our weekly chart idea, that we have been tracking from last week since completing our previous long range/term weekly chart idea. Last week we stated that we were seeing a candle break above the channel half-line and will need ema5 to follow to confirm the break out for a continuation above. We got the cross and breakout, which gave a nice push up now heading towards 3094 and just fell short leaving this gap open. We have a small detachment to ema5 lagging also potentially due for a correction. The play range on the weekly chart is 2943 below and 3094 above. We will look for ema5 lock or body close above or below to confirm the next mid to long term range. This is the beauty of our channels, which we draw in our unique way, using averages rather than price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
11
Closing multiple orders with ProfitAs discussed throughout my Wednesday's session commentary: "Technical analysis: The Price-action was once again seen Trading below the #3,152.80 benchmark extended decline where Sellers should finally prevailed and dragg the Price-action more than #57 points downwards (as was announced on one of my remarks lately that Gold always prints #57 point decline once the local High’s rejects the sequence and delivers the eminent rebound). Gold is dangerously approaching again the Higher High’s trendline of the Daily chart’s wide Ascending Channel, way above the #MA50 (aswell on Daily chart, representing in the same manner the Long-term Support zone) in Overbought waters, however every pullback on Gold is accumulation zone for new Bullish cycle." First order I have engaged was Wednesday's Sell order (#3,132.80 - #3,111.80) and I have continued Selling every local High's throughout yesterday's session as I announced possible Selling correction ahead on Gold. Technical analysis: Gold delivered Selling extension as I announced however it would be best for Short-term Sellers to wait for area to be engulfed, as today’s session will most likely represent the crossroads for the next Week, taking in consideration that one can never foresee the sequence until when Fundamentally driven rises and upswing (such as current one) will last and how Gold will digest today's session NFP numbers. Lagging upswing sequence comforted Sellers on it’s Intra-day basis, as Price-action was close to the #2-Month Bottom. The Price-action has altered the downtrend fractal near the Daily chart’s Ascending Channel’s Lower zone, as discussed on my latest commentary, with current mentioned configuration above representing former strong #1-Month Resistance zone. As long as this holds, there are Higher probabilities to reach the Hourly 4 chart’s Higher High’s Lower zone again on Spot prices however touch may be completed Lower depending on the aggression of the current variance. Technically, Gold should ease the Overbought levels, but on such Fundamental landscape (Bull bias), both sides are equally probable unless #3,137.80 gets invalidated to the upside once again. After all, on the Daily timeframe, the pattern is an healthy Ascending Channel which just touched the Higher High’s trendline and has a limit just over current structure, my main point of interests (depending on the impulse of the wave started early last Week). Above the #3,137.80, Short-term Selling pattern is invalidated and the relief attempt may be accelerated towards the Hourly 4 chart’s #3,152.80 benchmark. My position: After excellent week behind me, I didn't had to Trade the NFP however I will as I do expect downside surprise on NFP which could skyrocket Gold upwards coupled with Powell's talks.
OANDA:XAUUSDLong
by goldenBear88
Excellent Price-action for Profit opportunitiesTechnical analysis: Choppy Trading sessions so far as the Price-action (Xau-Usd Spot) managed to close above the Daily chart’s Support zone, still giving decent chance to Buyers and so far (throughout today’s session) Gold is Trading above the Support fractal (#2,952.80 - #2,957.80). Hourly 4 chart delivered Double Bottom structure and Technical setting became strongly Oversold as the sequence (#3 out of #3 cycles replicated) recovered the Hourly 4 chart’s #3,012.80 - #3,018.80 belt each time throughout Asian session and as soon as possible in order to revive Buyer’s intent to get back into Bullish phase (Bullish Short-term). However, there is an possibility for aggressive takedown if #3,000.80 benchmark gives away, however that outlook remains less possible as current Bottom is formed and the Price-action is getting rejected twice in a row Hourly 4 chart (both times delivering relief rally). Hourly 4 chart almost delivered strong Bearish formation however current sequence got rejected and now I am ready to pursue values above the current Price-action. Gold is delivering strong Bearish and Bullish formations which brings Lower High's and Higher High's zones in motion for both Sellers and Buyers to pursue both ways. I am consulting my Donchian Channel and Trading it for couple of sessions now and I am interested in both Buying and Selling opportunities. My position: I have Sold Gold throughout yesterday' session twice from #3,035.80 - #3,042.80 (closed both on #3,015.80) and Bought Gold on #2,065.80 and kept order over-night / closing #3,011.80 few moments ago which is excellent Price-action to Profit on and I am looking forward for today's opportunities. I do expect Gold to remain in #2,952.80 - #3,052.80 range for a while where I will Buy and Sell respectively from my calculated re-Sell and re-Buy zones.
OANDA:XAUUSDLong
by goldenBear88
Gold operation suggestionsOvernight, gold prices encountered resistance near $3,150 and then fell back as traders took some profits near the all-time high. The current gold price is $3,123.39/oz, up 0.31%, with a high of $3,135.60/oz and a low of $3,107.29/oz. If gold falls below $3,100, it will move toward the nearest support level of $3,050-3,060. If gold stays above $3,100, bulls will remain in control. If the rally continues, the first resistance will be the all-time high of $3,149, followed by the $3,200 mark. From the daily chart of gold, the high and low of gold on Tuesday moved up from the previous trading day, which limits the bearish potential of gold. All moving averages are still far below the current gold price level and continue to rise. The 20-day simple moving average (SMA) is currently around $3001.00/ounce. Although the daily line has pulled back, the trend has not changed. There is a certain peak pullback pressure in the short term. The current trend has not fallen below the 5-day moving average support. The bulls still have expectations of strengthening again. Therefore, before closing below the 5-day moving average, it is still bullish. From the 4-hour chart of gold, the technical indicators are steadily falling, but they are still above the midline. There is a repair trend today, and the main focus is on whether 3150 can be broken. From the trend of the past two days, we can get several signals. Although the bulls are strong, the gold price has exceeded dozens of points when it has a wave of pullbacks at high levels. Another is that the low point of the pullback on Tuesday did not fall below the low point on Monday, and even the low point of the pullback in the US market has just been touched. Therefore, today's thinking is to treat it as a bull first. Gold prices rose again at the opening today, mainly affected by the tariff news. As of press time, gold prices were trading around 3125. At the hourly level, although it is bullish, we need to pay attention to whether yesterday's high of 3148 can be broken. Only after breaking through can we continue to look at 3173, followed by the extreme extension of 3218. For specific operation ideas, I suggest waiting for a pullback near 3115 to intervene in long orders, with the primary target at 3148 and the secondary target at 3173-3178.
OANDA:XAUUSDLong
by JosephChristian
1
Gold may rise and then fall!When the market was falling, we placed a long position at 2980 and took profit at 3000; when it fell for the second time, we continued to buy at 2980 and took profit at 3040; when it rebounded and touched 3054, we went short, reduced our position at 3032, and took profit at 3021. The current market fluctuates greatly, and the profit made around the two positions of 2980 and 3054 is already very considerable. There are many points worth interpreting in the intraday market, let's review and replay: Today, the market bottomed out and rebounded, and the market fell sharply at the opening. Did you chase the short position? The 2980 first-line support was tested many times without breaking, which was a move to lure shorts, waiting for you to get trapped. What was the result? Did it rebound at the 2980 first-line support? From the low of 2972 ​​to the high of 3054, the hourly single-yang rebound reached 82 US dollars, which did not give you a chance to escape. The position of 3054 is in line with the regional pressure of 3050-3060 mentioned at the weekend. It is a top-bottom conversion position. The low point of last Thursday broke the support and turned into pressure on Friday. If it is touched today, it must be shorted no matter what. Of course, there is also a false move here at 3054. The first time it touched the pressure and fell to 3036, and then it attacked again to test 3054 again. Did you chase it? It was finished as soon as you chased it. Then it fell to 3017, and the drop of 37 US dollars directly swept away your long. So, if you say whether technical analysis is useful or not, it must be useful. Of course, there are times when it fails. For example, in the market that fell straight throughout the whole process like last Thursday and Friday, any analysis is meaningless, but this is a minority after all. The technical reliability of returning to normal trend is still trustworthy. So how should gold be viewed in the evening? Today is the third day of continuous decline. From a technical point of view, such a continuous and large decline usually lasts for about 3 days, and no more than 4 days at most, and it will turn positive and correct, so the decline of gold today has slowed down significantly. The intraday rebound was under pressure at 3054 and it was trading sideways. The European session was volatile and was accumulating momentum. Be careful of a high rise and fall in the evening. Focus on the break of the 3054 first-line pressure. If it breaks above, we will see further pressure at 3073. If it falls below the intraday low of 3013 in the evening, then we will see a second test of the lows of 2980-2972. Pay attention to whether a double bottom support structure can be formed here.
OANDA:XAUUSD
by JosephChristian
1
Gold (XAU/USD) 4H Analysis – Bullish Momentum Building Up?**Gold (XAU/USD) | 4H Chart | Bullish Bias** Gold continues to shine as it builds a solid bullish structure on the 4H timeframe. After a healthy pullback, price has bounced back strongly, holding above key support zones and aiming higher. **What's happening now?** - Price is forming *higher highs and higher lows*, respecting the bullish trendline. - Strong demand kicked in around the *$2,950* zone — a key level to watch for potential pullbacks. - The next resistance lies near *$3,050*, a psychological and technical level that could act as the next target for buyers. **Technical Confluence:** - *Fibonacci retracement* aligns with recent pullbacks around $2,950 – offering strong support. - *RSI* is hovering above 50, confirming ongoing bullish momentum. - Price remains above the *50-period EMA*, supporting the uptrend. --- **Bullish Scenario:** If gold holds above $2,950 and breaks above $3,010 with volume, we could see a push toward *$3,050–$3,070* in the short term. **Invalidation:** A confirmed break below *$2,940* could weaken the bullish outlook and shift momentum. --- **Educational Insight:** In trending markets, pullbacks to key zones like Fibonacci levels or prior support often offer higher-probability trades. Instead of chasing breakouts, look for *retests* with confirmation. --- What’s your take on gold right now? Are we headed toward new highs or due for a pause?
TVC:GOLDLong
by Saeed966
1