XAUUSD - ANALYSIS👀 Observation:
Hello, everyone! I hope you're doing well. I’d like to share my analysis of XAU-USD (Gold) with you.
Looking at the chart, XAU-USD is currently in a descending triangle pattern. After reaching the top of the triangle, I expect a price decrease. I anticipate that the descending triangle will break downward, and I have two price targets in mind.
📉 Expectation:
Bearish Scenario: After the breakdown of the triangle, my first target is 3245, followed by a potential second target at 3167.
💡 Key Levels to Watch:
Resistance: Top of the descending triangle
Support: Breakout level below the triangle
💬 What are your thoughts on XAU-USD this week? Let me know in the comments!
Trade safe
GOLD trade ideas
Will gold fall after encountering resistance at its high point?Gold surged after opening yesterday. Although it retreated slightly, it continued to maintain its strong pace. So far, it has reached 3386, with an increase of about 150 US dollars. 3386 is a short-term suppression level. If it breaks below 3350 in the Asian session, the steady idea is to wait for a rebound and then short it to see the downward trend. The focus below is on the support of 3272. Overall, the short-term operation strategy for gold is to short on rebounds and to buy on pullbacks. The short-term focus on the upper side is 3386-3390 resistance, and the short-term focus on the lower side is 3320-3300 support.
Strategy: Short gold in batches around 3380-3385 when it rebounds, stop loss at 3391, target around 3350-3330, break to target 3320
GOLD MARKET ANALYSIS AND COMMENTARY - [May 05 - May 09]This week, the international OANDA:XAUUSD has dropped sharply from 3,352 USD/oz to 3,201 USD/oz and closed the week at 3,240 USD/oz.
The reason for the sharp drop in gold prices is that US President Donald Trump said that the US is about to reach a trade agreement with India, Japan, South Korea, and is likely to reach a trade agreement with China, although the two sides have not had any official negotiations.
In addition, an equally important factor is that China is on holiday from May 1 to May 5, so the demand for transactions in the world's largest gold consuming country is almost non-existent. While they have been continuously buying before even though the gold price was high.
The FED meeting on May 6-7 may have a strong impact on gold prices next week. US GDP in the first quarter grew by -0.3%, while the labor market still has potential tariff risks; inflation remains stable at a high level. With these data, it is likely that the FED will maintain interest rates at current levels, but may signal that a rate cut is coming soon. According to many experts, if the FED signals that it will cut interest rates after the meeting next week, it will push gold prices to recover next week. On the contrary, if the FED maintains a wait-and-see attitude, declaring that it is not in a hurry to cut interest rates, then gold prices next week may continue to adjust.
🕹SOME DATA THAT MAY AFFECT GOLD PRICES THIS WEEK:
Next week, all eyes will be on the Federal Reserve’s monetary policy meeting on Wednesday, with an interest rate decision and a press conference from Chairman Jerome Powell following keynote remarks earlier in April.
Fed officials will then continue their participation in the Reykjavik Economic Conference in Iceland on Friday. Fed Governors Michael Barr, Lisa Cook, Philip Jefferson and Christopher Waller will be present at the conference as speakers in panels on topics including artificial intelligence, employment and monetary policy research.
In addition, investors will also watch the ISM services PMI on Monday morning and the weekly jobless claims number on Thursday.
📌Technically, if gold prices fall below $3,200/oz next week, there is a possibility of a further decline to $3,129/oz. A deeper correction could see gold prices fall to $2,980-$3,000/oz next week. If gold prices reverse and break the $3,270/oz barrier, they could continue to rise above $3,350/oz.
Notable technical levels are listed below.
Support: 3,228 – 3,163USD
Resistance: 3,245 – 3,267 – 3,292 – 3,300USD
SELL XAUUSD PRICE 3311 - 3309⚡️
↠↠ Stop Loss 3315
BUY XAUUSD PRICE 3119 - 3121⚡️
↠↠ Stop Loss 3115
Interest rates, will gold prices fall sharply today?⭐️GOLDEN INFORMATION:
However, US Dollar bulls appear cautious, holding back from making bold moves as they await clearer signals regarding the Federal Reserve’s (Fed) future rate-cut trajectory. This wait-and-see stance, combined with ongoing geopolitical tensions—particularly the prolonged Russia-Ukraine conflict and unrest in the Middle East—continues to bolster demand for safe-haven assets like gold. As such, investors are likely to remain on the sidelines until the conclusion of the closely watched two-day FOMC policy meeting on Wednesday.
⭐️Personal comments NOVA:
Gold price awaits today's interest rate result, there was a good recovery above 3400 but then fell immediately after, showing that the market is not ready for the first interest rate cut if any, gold price may face strong selling pressure today
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3438- 3440 SL 3445
TP1: $3425
TP2: $3410
TP3: $3395
🔥SELL GOLD zone : 3396- 3398 SL 3402 scalping
TP1: $3390
TP2: $3380
TP3: $3365
🔥BUY GOLD zone: $3308 - $3306 SL $3301
TP1: $3315
TP2: $3330
TP3: $3345
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable sell order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
GOLD ROUTE MAP UPDATEHey Everyone,
Another great day on the charts with our analysis playing out perfectly.
After completing our bearish target yesterday, we stated that we would now look for a test at 3344 to complete our Bullish target and then a cross and lock will open the level above or failure to lock above will follow with a rejection into the lower Goldturns.
- This played out perfectly. We got the 3344 target hit, as analysed, followed with no cross and lock above 3344 confirming the rejection into the lower Goldturns just like we stated.
3306 Goldturn provided the support and bounce and if this levels holds, we will see a retest above or a further cross and lock below will open the lower Goldturns.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3344 - DONE
EMA5 CROSS AND LOCK ABOVE 3344 WILL OPEN THE FOLLOWING BULLISH TARGETS
3367
POTENTIALLY 3390
EMA5 CROSS AND LOCK ABOVE 3390 WILL OPEN THE FOLLOWING BULLISH TARGET
3428
EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGET
3458
EMA5 CROSS AND LOCK ABOVE 3458 WILL OPEN THE FOLLOWING BULLISH TARGETS
3478
POTENTIALLY
3503
BEARISH TARGETS
3306 - DONE
EMA5 CROSS AND LOCK BELOW 3306 WILL OPEN THE RETRACEMENT RANGE
3285 - DONE
3259
EMA5 CROSS AND LOCK BELOW 3259 WILL OPEN THE SWING RNGE
3233
3201
EMA5 CROSS AND LOCK BELOW 3201 WILL OPEN THE SECONDARY SWING RANGE
SECONDARY SWING RANGE
3159 - 3112
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
XAUUSD MADE PARALLEL CHANNELHere I Created This XAUUSD Chart Analysis
Pair : XAUUSD (Gold)
Timeframe: 30-Minute
Pattern: Parallel Channel
Momentum: Bullish/ BUY
Entry Level : BUY 3380
Support zone : 3370
Target Will Be : 3415
Disclaimer : This signal is based on personal analysis for learning purposes. Trade at your own risk and always use proper risk management.
PATIENCE WILL PAY OFF 〉LONG TERM BUY COMING SOON.As illustrated, I'm trying to visualize what the next couple of weeks could look like.
Taking into consideration the fact that May + June are corrective months for gold historically (don't believe me; check the seasonality tool...) , Is likely for price to range up and down within quite a wide range anywhere between 3300 and 3100 before it enters a bullish continuation impulse by the end of June and into first week of July.
( I have illustrated 2 potential buying areas; one closer to price and another extended one lower )
That being said, one must adapt to such market conditions that will only offer certain structure offering a few intraday trades, but mostly short term trades or quick scalping moves all within a same trading session, simply because as each session comes in, they will target previous sessions highs or lows (ranging back and forth in an uncomfortable manner and without a clear direction).
Asia would target Sydney's open, then London might target Asia's open, then NY might target any low or high in the opposite direction... and so on back and forth without truly holding a bullish or bearish structure longer than a few hours to a full calendar day before it turns around (sideways behavior).
As price reaches "stronger psychological" price levels like 3150, 3100, 3050 and potentially 3000; then you might start seeing evident rejections within higher timeframes (4H and 1D); ideally seeing rejection wick/s followed by a nice push up showing true power and volume to the upside, potentially signaling the bottom of this correction phase.
TIME should be aligned with this market behavior; that means that checking the seasonality tool. every year (on average 5, 10 and 15 years), gold makes a bottom during the first week of JULY ...
So... market structure, price, and time must be aligned correctly and it will all make sense whenever that moment comes; hence, the title of this idea.
I am personally not worried about any sort of economic event; news are only gas for the market to move and create liquidity and volatility.
AT THIS POINT, THE ONLY THING THAT COULD TRIGGER A SIGNIFICANT MOVE IN GOLD, IS A GEOPOLITICAL EVENT THAT WOULD TRULLY TRIGGER UNCERTAINTY IN THE MARKETS... .
--
GOOD LUCK!
Persaxu
XAUUSD top-down analysisHello 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.
Gold Trade Plan 07/05/2025Dear Traders,
after False break of Side Range price break top of Range,
The price is hitting the support at 3360-3370(pullback) and the move is continuing.
Momentum of Bullish movement is very Good , i expect price will be continue Uptrend to 3480
If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza
Gold on expected upswingTechnical analysis: Nothing irregular at the moment on the Short-term as Gold (Xau-Usd Spot) continues to Trade on Buying extension taken from local Low's Bullish accumulation within #3,370’s zone with clear Resistance point, and Support levels / ready to deliver the breakout I was after. I highlighted many times recently that every / more serious decline may represent Buying accumulation towards new ATH's. The underlying Medium-term trend is still Bullish, so if the Intra-day Low breaks throughout today’s session, then I expect another run towards the #3,400.80 benchmark / Higher High's Upper zone and possible benchmark extension. One important difference though: the Hourly Moving Average broke and for the first time in #3 sessions Gold was testing it from below as a Resistance (this was needed to break again to comfort Buyers). However, if (November #4 - #9) / (January #1 - #6) (January #20 - #25) variance is yet to be repeated, Gold finished the same pattern (Trading on such configuration) and now should engage the aggressive decline once local High's are met.
My position: My practical suggestion is to Buy every dip on Gold.
When will gold's plunge bottom out?For gold on Monday, it can rely on the 3264-3268 line of pressure to continue shorting, and the limit of the pullback cannot exceed the 618 position of 3275, which is the watershed. The support below is 3222-3224. If it breaks, it will hit the low point of 3201-3202, which may not be maintained.
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.
Gold will drop to $2,800 after the correction!Hello, traders
Gold starting the week with some bullish momentum. We've seen a 'BOS' to the downside, which is now being followed by a retest of a supply zone. This zone can either be around $3,317 (0.618% Fib) or higher around $3,400 zone (0.365% Fib).
Don't forget we're in a 'Wave 4 Correction' of the Elliott Wave Theory strategy. Wave 4 always has choppy price action to trap in late buyers & early sellers.
XAUSD FOMC - Gold Sniper Plan - May 7 - 2025💥 XAUUSD FOMC Sniper Plan – May 7, 2025
"We Don’t Chase Breakouts. We Build the Trap Before the Noise."
🌍 Macro & Geopolitical Context – What Really Matters Today
Markets are frozen in anticipation of tonight’s FOMC bombshell:
📌 20:00 UTC – FOMC Statement & Rate Decision
📌 20:30 UTC – Powell Speaks
Traders are split. Some expect a dovish tone to push gold through ATH. Others brace for a hawkish surprise.
But let’s get one thing straight:
Gold has already run thousands of pips. It doesn’t need help going higher — it needs a reason not to collapse.
That’s what Powell holds in his hands tonight.
Meanwhile, geopolitics stay hot in the background:
Middle East tensions simmer (again).
Trump pressure on Powell to step down adds political risk.
Global yields are compressing → gold remains macro-favored.
This is not a time for guessing. This is a time for traps.
🧠 Current Structure Snapshot (Price: 3431)
HTF is still bullish, but we're extended.
Last confirmed HH = 3488, with ATH = 3500
We're in a short-term retrace under a H4 CHoCH → excellent sniper conditions.
🧱 Key Structural Levels
Zone Type Price Range Context
🔼 R2 3488–3495 Last HH OB + extension sweep trap
🔼 R1 3448–3455 H4 OB + liquidity pocket under HH
🔽 S1 3378–3384 H4 OB + FVG + EMA 50 confluence
🔽 S2 3333–3340 D1 OB + CHoCH + imbalance zone
We don't use FIBO extensions for guessing entries. We use them to target the crowd who does:
Extension Price Range Use
1.272 3530–3535 TP3 only
1.618 3575–3580 Final exhaustion area
🎯 Sniper Setups – Real, Refined, Ruthless
🟢 Buy #1 – 3378–3384
Valid H4 OB
FVG tail fill + internal liquidity
RSI around 40 + EMA 50 bounce
SL: 3365
TP1: 3405 | TP2: 3430 | TP3: 3455
🧠 Our first reaction zone before news madness.
🟢 Buy #2 – 3333–3340
D1 OB + imbalance
Clean internal liquidity from 3300–3330
Confluence with CHoCH base
SL: 3315
TP1: 3370 | TP2: 3405 | TP3: 3448
💎 This zone is invisible to retail — perfect trap before spike.
🔴 Sell #1 – 3448–3455
H4 OB at premium
EMA rejection + FVG close
Pre-news stop hunt ideal here
SL: 3462
TP1: 3430 | TP2: 3405 | TP3: 3385
🎯 Don’t short gold randomly — short it here, where retail longs trap themselves.
🔴 Sell #2 – 3488–3495
Last HH OB before ATH
Strong fibo ext confluence
Sweeps = liquidity + exhaustion
SL: 3504
TP1: 3465 | TP2: 3430 | TP3: 3395
If they want to break ATH before Powell, we’ll be waiting above it.
⚙ EMAs in Sync
EMA Signal
21 Tested from below — sell confluence at 3448
50 Lining up near Buy #1
200 Far below — macro still bullish
🧠 Execution Plan
Stay flat before FOMC unless setups trigger with PA confluence
Anticipate whipsaws → SLs must be respected
If price consolidates above 3455 = bullish continuation likely
If it sweeps 3448–3455 and rejects = sell of the week
Drop a 🚀 and follow us: if you’re not trading emotion — you’re trading execution.
📌 Important Notice!!!
The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your plan and wait for confirmation before taking action.
Gold's decline under pressure is in line with expectations!Although gold surged in the morning, it continued to fall in the afternoon and fell to 3320. At present, gold has rebounded moderately, but it is still under pressure after the sharp drop. The adjusted golden section line position, the 0.5 position of this wave of decline is the 3320-3318 area. The price bounced when it was touched for the first time. Going down, we need to pay attention to the 0.618 position 3288 area, which is close to the four-hour lower track 3284 area. The two together become the support area. The excess range is the double-line lower track 3270 on the hourly chart. Tonight, it is still a rebound to short. Pay attention to the resistance of 3370-74 above. When the rebound is in place, you can directly enter the short position and bet on the second decline of the US market!
GOLD (XAUUSD): Intraday Bearish SignalThe price of 📉GOLD is likely to keep falling, following a significant downward trend.
After consolidating within a horizontal range on a 4-hour time frame, the support of the range was recently broken, signaling strong selling pressure and a probable continuation of the bearish trend.
It is possible that the pair will soon reach the 3200 support level.
Gold Head & Shoulder PatternThe completion of a head and shoulders pattern in the gold market suggests the potential commencement of an upward trend.
Current market conditions indicate that we are presently situated within the right shoulder formation of this pattern, an observation that warrants careful monitoring for confirmation of the bullish reversal and subsequent price appreciation.
GOLD WILL GO DOWN|SHORT|
✅GOLD is going down now
After a breakout a retest
A and a pullback from the
Key horizontal level
Of 3280$ so we are bearish
Biased and we will be expecting
A further bearish move down
SHORT🔥
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
US-China optimism, GOLD falls sharply from target levelIn early morning trading on Wednesday (May 7), spot OANDA:XAUUSD fell sharply by nearly 2%. Bloomberg said that despite the escalation of military conflict between India and Pakistan, signs of progress in trade negotiations between the United States and China have limited demand for safe-haven assets.
Previously, gold prices had surged for two consecutive trading days. Spot gold prices rose nearly 3% on Tuesday.
China and the United States announced that U.S. Treasury Secretary Besant and U.S. Trade Representative Greer will travel to Switzerland to meet with Chinese Vice Premier He Lifeng.
Today (Wednesday), a spokesperson for the Chinese Ministry of Commerce answered reporters' questions about the high-level economic and trade negotiations between China and the United States. The spokesperson said that China has decided to cooperate with the United States.
Vice Premier He Lifeng, as head of the China-US economic and trade negotiation team, will hold talks with his US counterpart, US Treasury Secretary Benson, during a visit to Switzerland. It is the first such meeting since US President Donald Trump imposed sweeping tariffs on China and has raised optimism that the two largest economies could reach a deal.
Gold prices have risen nearly 30% this year as Trump’s aggressive trade and geopolitical policies have caused widespread market turmoil and investors have sought safe havens. Gold hit a record high of $3,500 an ounce in April but has fallen in recent weeks.
The Federal Reserve will announce its interest rate decision later Wednesday, and policymakers are expected to keep rates unchanged despite Trump’s repeated criticism of Fed Chair Powell for not cutting rates.
Fed officials have often stressed the need to wait and see how the trade policies implemented last month will affect the economy. Lower borrowing costs tend to be good for gold.
Technical Outlook Analysis OANDA:XAUUSD
After gold achieved the target increase noted by readers in yesterday's edition at 3,430 USD, it has fallen significantly in the early trading session today (7 May). But the downside momentum is also limited by the 0.236% Fibonacci retracement level, which is noted as the nearest support level and for gold to continue to increase in price, it needs to achieve the condition of recovering and breaking the 3,430 USD level after which traders can think about the 3,500 USD level in the near future.
During the day, in the overall picture, gold still has a bullish outlook with the long-term rising price channel and the short-term rising price channel as the trend and support from the EMA21 moving average.
As long as gold remains above the EMA21 and within/above the aforementioned price channels, the overall outlook remains bullish, but you should also note that in the current market environment, price movements of 2-3%/day are very common, so technical positions need to be firmly established (preferably at confluences where multiple indicators are present).
My notable positions will be listed as follows.
Support: 3,371 – 3,350 USD
Resistance: 3,400 – 3,430 USD
SELL XAUUSD PRICE 3440 - 3438⚡️
↠↠ Stop Loss 3444
→Take Profit 1 3432
↨
→Take Profit 2 3426
BUY XAUUSD PRICE 3337 - 3339⚡️
↠↠ Stop Loss 3333
→Take Profit 1 3345
↨
→Take Profit 2 3351
Gold Market Outlook – Upcoming FED Decision & Trading StrategyAs we head into the upcoming week, all eyes are on the Federal Reserve's interest rate decision, which is a major catalyst for gold. This event could significantly influence gold’s direction — either fueling the ongoing bullish trend or triggering a pullback.
🔎 Current Technical Outlook:
Gold is currently showing strong bullish momentum across higher timeframes.
Liquidity targets remain above, with key zones likely to be breached via wicks or trendline taps.
Given the uncertainty around the news and macro factors, we’ll execute trades only on confirmed setups from lower timeframe's confirmation.
📌 Trade Plan:
Open 50% of the position at $3160,
an inevitable level which is a critical level backed by technical confluence.
Enter remaining positions based on lower timeframe confirmation.
📝 Supporting Fundamentals:
COT (Commitment of Traders) Report indicates an increase in net long positions on gold.
$3160 is highly probable — we anticipate price to tap this zone.
The U.S. has significantly increased gold imports, reflecting strategic accumulation.
Smart money has taken partial profits, but large bullish positions are still being held.
Expectation: A sweep of major liquidity levels, followed by a continuation of the bullish trend.
Stay sharp and disciplined. Wait for confirmation before adding full exposure.
XAUUSD Bounce to daily resistance?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.
Gold Trade Plan 30/04/2025Dear Traders,
Gold has once again entered the 3275 support zone. Given that this is the fifth time it has tested this support, I expect the price to break below it. Additionally, the dollar index has entered a reversal phase. Good buying zones are around 3200–3220.
if you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza!