GOLD Analysis - Can buyers push toward 3,410$?OANDA:XAUUSD is trading within a clear ascending channel, with price action consistently respecting both the upper and lower boundaries. The recent bullish momentum indicates that buyers are in control, suggesting there's chances for potential continuation on the upside.
The price has recently broken above a key resistance zone and now came back for a retest. If this level holds as support, it would reinforce the bullish structure and increase the likelihood of a move toward the 3,410 target, which aligns with the channel’s upper boundary.
As long as the price remains above this support zone, the bullish outlook stays intact. However, a failure to hold above this level could invalidate the bullish scenario and increase the likelihood of a deeper pullback.
Remember, always confirm your setups and use proper risk management.
GOLD trade ideas
Gold rebound is a good time to shortGold has been in a volatile state since the opening today, opening at 3236 and reaching a high of 3243. It is currently fluctuating in the form of shocks. With the comprehensive ceasefire between India and Pakistan and the peace talks in the Sino-US tariff war, gold will still be in a downward trend. Although it is in a downward trend, we should not chase the short position directly. We can just treat the rebound as shorting. The main trend is still to short on the rebound. After all, the general trend is bearish.
In the 4-hour chart, the weak stage is oscillating downwards, and the resistance of the middle rail has moved down to the 3300 mark. At the same time, there is still a gap to be filled, and it is currently in shock above the neckline. There are two differentiated moves here. One is to go sideways and weakly consolidate and then directly break the neckline of 3200 and go for in-depth adjustments. The other is to rebound above 3200 to correct and build momentum, forming a wave of poised to break low. One is weak consolidation to break low, and the other is poised to break low. Overall, it is optimistic that the market will break through the low of 3200, but it reflects the various changes in the short-term form. The upper 3250-3260 range has gathered intensive trading resistance, forming short-term strong pressure. In short-term operation, first go short on rallies below 3260, and first look at the profit from this wave of correction! Next, we will look at the previous low support of 3200. If the position is broken, we will continue to see the downward continuation. If the position is not broken, we will place long orders on the backhand. At that time, we will choose the opportunity to lay out the long-term plan based on the support of 3200. On the whole, today's short-term operation strategy for gold is to short on rebounds and long on pullbacks. The upper short-term focus is on the 3248-3252 resistance line, and the lower short-term focus is on the 3200-3160 support line.
Gold operation suggestion: short gold near 3245-3255, target around 3220-3210. Gold will go long when it pulls back around 3210-3200, with the target around 3230-3250.
Lingrid | GOLD Weekly MARKET Outlook: From ATH to Range-BoundOANDA:XAUUSD market is currently in a critical consolidation phase following its all-time high level. The recent price action shows a significant pullback with a close below both the last 4 weeks' low and the previous higher low. This isn't necessarily a reversal but rather a structural shift toward a range-bound market dynamic. The chart clearly illustrates a completed impulse leg that reached the resistance zone, followed by what appears to be developing into a corrective move.
The upward trendline that has supported the entire rally from the bottom around 2843 remains intact despite recent weakness. This suggests the longer-term bullish structure hasn't been invalidated yet, though it's currently being tested. The recent break below 3260 is particularly significant as it represents a break of support that had previously acted as a foundation for bullish price action. This suggests a deeper correction may unfold before the next structural move can develop.
Fundamentally, this pullback may be attributed to several factors including stabilizing geopolitical tensions, pausing the tariff war, or profit-taking after the substantial run-up. While the gold market has clearly shifted from its parabolic advance to a consolidation phase, the overall structure remains constructive for eventual continuation higher once this correction completes.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
GOLD (XAUUSD): Important Support & Resistance Levels Next Week
Here is my latest structure analysis
and important support & resistance levels for Gold
for next week.
Consider these structures for pullback/breakout trading.
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Gold setting up for another buyHello,
A buy setup is setting up on Gold on the four-hour timeframe and now is a great time to begin looking for the buys. Gold has declined by around 10% due to profit taking by early investors and also the macro-economic events. The US and China have called for a truce in their trade war and conversations about ending the Russia Ukraine are ongoing in Turkey this week.
The bullish flag is forming on this asset and at great buy points from the current levels. There is also a bullish crossover on the MACD indicator confirming that we might be closer to the bottom. While there may be a little pressure on Gold as clueless investors rush to liquidate their positions, we see this as the perfect opportunity to enter.
Target: $3600
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
XAU / USD 30 Minute ChartHello traders. Just a quick update. So as I suspected, we moved up a bit to the $3186 area, and now this is where we watch to see if we move up a bit to rope people into longs only to come back down, or do we keep pushing up?? Let's see how the next few hours play out. It's Friday so don't try to force or rush a trade. Big G gets my thanks. Happy Friday.
DeGRAM | GOLD trend line breakout📊 Technical Analysis
● Price printed successive lower highs (LH) inside the descending channel and has just broken back below the blue corrective trend‑line.
● Fresh acceptance under the 3 260 points to a slide toward the lower rail at 3 200, with scope to probe the March floor near 3 100; bias flips only on a 4 h close back above 3 300.
💡 Fundamental Analysis
● A hotter‑than‑expected US CPI (3.5 % y/y) lifted 10‑yr yields to 4.50 %, reviving bets that the Fed may delay cuts, which firmed the USD and spurred ETF outflows from bullion.
✨ Summary
Lower highs + rising US yields favour a short‑term short in XAU/USD: targets 3 200 → 3 100, risk managed above 3 300.
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DeGRAM | GOLD fixed under the supply area📊 Technical Analysis
● Break back below the blue median line turned the $3 ,260 ‑ 3,320 supply into resistance; the rebound stalled there, forming a bearish flag.
● With price sliding underneath the flag’s base, momentum points to the channel floor/ horizontal supports at 3 200 and 3 100; short view void on a close above 3 315.
💡 Fundamental Analysis
● May US retail‑sales beat (+0.5 % m/m) and hawkish Fed remarks (“rates may stay high for some time”) lifted 10‑yr yields toward 4.50 %, firming the USD.
● World Gold Council reports the largest weekly ETF outflow since February, signalling softer investment demand.
✨ Summary
Supply‑zone rejection plus firmer USD/yields favour shorts: targets 3 200 → 3 100; exit if price reclaims 3 315.
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Best GOLD XAUUSD Psychological Levels Indicator on TradingView
There is one free technical indicator that will show you every significant psychological level on Gold XAUUSD chart.
It is available on TradingView and it is very easy to set.
Discover the best psychological support and resistance indicator for Gold trading , its settings and useful tips.
First, let's discuss the significance of psychological levels in GOLD XAUUSD analysis and trading.
The classic way of the search of significant supports and resistance is based on the analysis of a historic price action.
However, while Gold constantly sets new historic highs such a method does not work, because there are no historic resistances to rely on.
In such a situation, the only reliable strategy to find potentially strong resistances is to analyze psychological levels.
Psychological levels are the round numbers based price levels. Because of the common human psychological biases, these levels attract the interest of the market participants and the prices tend to react to them.
A great example of a psychological level in Gold trading is 3000 level.
It served as a resistance first and after a breakout turned into an important support.
And I found a free technical indicator that plots all the significant psychological levels efficiently.
One more thing to note is that I strictly recommend searching for psychological levels on a daily time frame, because it provides the most relevant perspective.
To use this indicator, search "round" in indicators wind ow.
It is called "Round numbers above and below".
Click on that and it will start working immediately.
You can see that the indicator plotted 3 significant psychological resistances above current prices and 3 supports below on Gold chat.
In the settings of the indicator, you can change the number of levels to identify and change the style of the horizontal lines.
Examine the reaction of the price to psychological supports that the indicator shows. These levels may remain significant in futures and applied for pullback/breakout trading.
With a crazy bullish rally that we contemplate on Gold this year, psychological levels will be the most reliable technical analysis tools for the identification of future bearish reversals and corrections.
This free technical indicator on TradingView will help you in search of the strongest ones.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
The long and short gold competition continuesGold on Tuesday was more in line with our analysis ideas. We gave a short position at 3250-60, and the market conditions were also quite favorable for our entry opportunities. We notified the entry and exited with profits as gold fell back. The CPI was bullish and gold rebounded weakly, so our long positions were also safely exited with profits.
Pay attention to the stabilization of the two supports of 3215-3225, and take 3200 as the turning point of the Fengshui Ridge. Hold it to continue to maintain the bottom shock operation or gradually rebound; once it breaks through 3270, the rebound will be strengthened to test the 3300 mark; if it breaks through 3300 and stabilizes, the downward adjustment will end and return to the upward trend; Then as long as 3270-3300 is still not suppressed in the middle, it will repeatedly rise and fall to test the bottom support; if 3200 is accidentally lost, it will point to 3160-3150, and you need to be mentally prepared in advance, hoping that it will not happen; looking at the 4-hour chart of gold: at this time, the 5-day short-term golden cross is expected to cross the 10-day, then above 3240 will become a certain support performance, and the key strong support is the annual moving average moving up to 3200; one resistance is the big Yin high point in front of 3290, which is also the dividing pressure, and the strong pressure is the middle track 3293, or close to the 3300 mark; pay attention to the gains and losses between support and resistance. The short-term focus on the upper side is the 3270-3290 resistance, and the short-term focus on the lower side is the 3215-3225 support.
Gold price rises into the countdownThe US inflation data for April released key signals: the annual rate of core CPI fell to 2.8%, and the monthly rate of 0.2% was also lower than expected, indicating that inflation continued to fall. After the data was released, the US dollar index weakened rapidly, and the market's expectations for the Fed's interest rate cut this year increased, and gold once surged. However, affected by the uncertainty of the global tariff situation, some funds chose to take profits, causing the gold price to fall under pressure in the short term. The gold price fluctuated and converged above the key support level of $3,200. The daily Bollinger Bands closed, and the upper pressure was at 3275-3300. If it breaks through 3275, it is expected to test the gap pressure; the lower 3220 forms multiple defense lines. If the 10-day moving average is stable at the 4-hour level, the rebound target can be seen in the 3275-3280 range. In the medium term, maintain the idea of buying on dips, focusing on policy trends and gap filling.
Gold recommendation: Buy on the 3230-3235 range, stop loss 7 points, target 3270
Will gold fall further after its rebound correction?The short-term market is still affected by geopolitical factors, the easing of the Russian-Ukrainian war, and the consensus reached between Trump and China on the tariff war. These factors are all bearish for gold. Gold has fallen rapidly in the short term and continued to fall last night. Yesterday's decline was more than one hundred US dollars, which has changed the short-term upward trend. It will still be the main market for shorts in the future. For our intraday operations, the direction is very clear. Rebound is short. The short-term pressure level focuses on the high point of 3265 as the watershed between strength and weakness. Gold has not been able to stand on 3265 in the short term, which means that the market is still in the rhythm of short-selling. Our intraday layout is also based on 3265. When the rebound reaches the pressure level and the top pattern appears, we boldly short! In view of the release of CPI data in the US market, the current volatility of gold prices has slowed down. On the whole, it is recommended to short on rebounds and long on pullbacks. The short-term focus on the upper resistance of 3265-3270 and the short-term focus on the lower support of 3200-3160.
GOLD Will Explode! BUY!
My dear followers,
This is my opinion on the GOLD next move:
The asset is approaching an important pivot point 3189.8
Bias - Bullish
Safe Stop Loss - 3179.7
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 3207.3
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
XAUUSD Daily AnalysisGold long-term trend is still bullish. based on ICHIMOKU the Xauusd is in supposed correction. daily support level (3228) was touched. the price is near important support level (3188).
For next weeks:
Support levels:
3188
3166
Resistance levels:
3351
3381
After that waiting for Ichimoku to give us the exact road map.
7 month bearish trend with 3 retrace upwhile trying to figure out the retrace up (to 3294 - 3305)
I search for a bottom signal
1st red candle on the monthly
The start of the weekly bearish
and powerful support on daily make gold retrace up to 3294-3305 (or higher)
1. MACD and RSI are just bottom indicators, won't show the retracement up signal
2. Stochastic is the key here, however, stochastic is going down while price is going up
3. I expect a 3340 retest because of the anomaly while technically watching 3294-3305
4. while I write 3 retrace up, I wont predict all 3 the retrace up, just keep watching the bottom signal
this just speculation while anticipating the retrace up
XAUUSD DAILY ANALYSISOANDA:XAUUSD
H : Bearish BOS + OB + IMB 15m : Bullish + BOS + OB + IMB
EXPECTION : Here I have 4 scenarios in mind
1: 15 minute zone is valid with 3 minute confirmation with low risk to 1 hour zone
2: After breaking 15 minute zone and 15 minute zone turns down, we wait for price to retest to formed down zone
3: Price goes up and hits 1 hour zone and with 5 minute confirmation we enter sell trade
4: Price breaks 1 hour zone
I will post my LTF trading idea in the private section. Be sure to follow and like the post.