Gold price hidden 3200, waiting for opportunity to increase✍️ NOVA hello everyone, Let's comment on gold price next week from 05/19/2025 - 05/23/2025
🔥 World situation:
Gold prices dropped over 1.5% on Friday, poised to close the week with a steep loss of more than 4%, as improved risk sentiment drove investors away from safe-haven assets and toward equities and other riskier investments. At the time of writing, XAU/USD is trading around $3,187, retreating from a daily peak of $3,252.
The precious metal started the week on the back foot following reports of a significant de-escalation in the US-China trade conflict, including a mutual agreement to reduce tariffs by 115%, which triggered a sharp selloff in bullion. Despite fluctuating between $3,120 and $3,265 throughout the week, gold struggled to sustain bullish momentum, with fading buyer interest becoming increasingly evident amid stronger risk appetite and encouraging US economic data.
🔥 Identify:
Gold price is still in the accumulation phase waiting for a price decrease around 3200. Will be greatly affected by tariff news and Russia - Ukraine peace negotiations
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $3265, $3357
Support: $3160, $3112
🔥 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
- The winner is the one who sticks with the market the longest
GOLD trade ideas
Gold intraday trading strategyGold opened at 3240 today and then rushed to 3252, then touched pressure and stepped back. We also gave a short position at 3240 and a short position at 3256-6. After all, there is a lot of pressure from above, and the technical side also needs to repair the strategy, so we gave a short entry at 3238-40, and the target is 3215. So far, the lowest point of the retracement is around 3214, which is also successfully reached our target position. Today's Asian session's high and retracement is completely due to the need for technical adjustments. Yesterday, it bottomed out and rebounded, with an increase of more than one hundred US dollars. The technical side is weak and needs a correction. This is the reason why I gave the short position.
Judging from the current 4-hour market trend, the upper side pays attention to the important suppression of 3258-60, and the lower side pays attention to the support of 3200-3210. The current bulls of gold are temporarily weak and falling back, but the current operation is still mainly to go long after the rebound.
GOLD Rising Support Ahead! Buy!
Hello,Traders!
GOLD is making a nice bearish
Correction and will soon hit
A rising support line at which point
Gold will be trading at a 10% discount
Giving us a great entry point
To ride the coming bullish wave
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Gold: Go long and pay attention to Resistance near 3202Accurate prediction, controlled risk, and solid profits — follow the strategy and stay ahead!
At the market open today, I shared a buy strategy, aiming for a gap fill near 3266. However, during the Asian and European sessions, gold broke below its bullish trendline, indicating a shift in trend.
⚠️ Fortunately, I promptly alerted everyone before the U.S. session, minimizing any losses on long positions and advising a quick switch to short. At that point, I clearly stated:
➡️ “Price is likely to drop quickly to the 3180–3150 zone.”
📉 The market responded accordingly — short positions hit the target zone successfully.
Later, I pointed out the 3198–3209 resistance zone, emphasizing that without a breakout, prices would pull back again. The result? Gold stalled near 3198 and dropped to 3170, delivering solid profits for those who followed the plan.
🔍 Current Market Analysis:
✅ Closing price: Around 3177
This is a weak short-term bottom, and gold has not yet reached strong support levels. However, after such a sharp decline, a technical rebound is likely, and small long positions can be considered with proper risk control.
📌 Short-term resistance (30-minute chart):
3188
3194
3202
🎯 Key support zone (4H chart):
Primary support: 3134–3099
Intermediate levels: 3175 / 3163–3152
📈 If prices rebound to around 3200 or below and fall again,
👉 The 3134–3099 area could be ideal for medium-term long entries.
Key Event Alert:
This Thursday features:
U.S. Initial Jobless Claims (fixed time)
Thomas Laubach Research Conference (exact time TBD)
📌 The conference focuses on monetary policy and economic outlook, which may have a notable impact on gold. Be sure to watch closely.
🕰 I’ll continue sharing live strategies before and during the U.S. session tomorrow.
If you're trading gold, remember to manage risk carefully.
Follow the trend, trade with discipline — that’s the path to consistent success.
Gold is ready to go upHi traders,
It turned out that gold made a bigger correction wave 4 (grey) down. Last week gold immediately dropped and after it came into the 4H FVG it rejected and went impulsively up.
So next week we could see more upside for wave 5 (grey).
Let's see what price does and react.
Trade idea: Wait for a small correction down on a lower trimeframe to trade longs again.
If you want to learn more about trading FVG's & liquidity sweeps with wave analysis, please make sure to follow me.
This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.
Don't be emotional, just trade your plan!
Eduwave
Why are gold bears still dominant?Gold continued its decline last week, hitting a one-month low, but the price of gold bottomed out and rebounded during the day, indicating that there is strong buying on dips below. Gold has support below, and short-term resistance above is around 3185-3195. Rebounds rely on this position to continue to be short and look down. The short-term long-short strength watershed is 3235-3240. Before the daily level breaks through and stands on this position, any rebound is a short-selling opportunity.
Gold is recommended to short at the rebound area of 3180-3185, with a stop loss at 3193, and the target is 3170-3160. If it breaks, it will be 3160-3130.
XAUUSD-Bearish Structure Intact, 3165 in SightAfter breaking back below the 3270 support, price accelerated to the downside, reaching a low around 3208.
A rebound followed, with XAUUSD retesting the 3270 zone, which now acts as resistance after the breakdown.
Looking ahead, I expect a break below the 3200 level, with the next bearish target set around the 3165 support zone.
The plan remains unchanged:
As long as Gold stays below 3270, I’m looking to sell rallies into that resistance area
Gold's Bull Market Ends as It PlungesToday's opening saw the success of the first Sino-US negotiation. This news instantly wiped out the bulls. Some of the previous gains came from the uncertainty of tariffs. Now that risk aversion has subsided, it has directly suppressed the market. There is an oversold rebound demand around 3200. You can enter the market in batches at 3200. Pay attention to the MA5 moving average of 3260 for upper resistance. As long as the price below does not break 3200 today, you can enter the market in batches and gradually move up.
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone,
Once again our trading idea delivers the goods!!!
We got our target yesterday at 3382 and then followed with the cross and lock above 3382 leaving 3428 open.
- This played out perfectly with 3428 getting hit. No further cross and lock above 3428 confirmed the perfect rejection into the lower weighted Goldturn. The Goldturn gave the bounces, for 20 to 40 pips, just like we always state. This was once again a double bubble move for us!!
We will continue to buy dips using our support levels taking 20 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
3260 - DONE
EMA5 CROSS AND LOCK ABOVE 3260 WILL OPEN THE FOLLOWING BULLISH TARGETS
3308 - DONE
EMA5 CROSS AND LOCK ABOVE 3308 WILL OPEN THE FOLLOWING BULLISH TARGET
3340 -DONE
EMA5 CROSS AND LOCK ABOVE 3340 WILL OPEN THE FOLLOWING BULLISH TARGET
3382 - DONE
EMA5 CROSS AND LOCK ABOVE 3382 WILL OPEN THE FOLLOWING BULLISH TARGETS
3428 - DONE
EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGETS
3478
BEARISH TARGETS
3217
EMA5 CROSS AND LOCK BELOW 3217 WILL OPEN THE BEARISH TARGETS
3174
EMA5 CROSS AND LOCK BELOW 3174 WILL OPEN THE SWING RNGE
3126
3078
EMA5 CROSS AND LOCK BELOW 3078 WILL OPEN THE SECONDARY SWING RANGE
SECONDARY SWING RANGE
3034 - 2979
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
Gold high diving reverses againThe support below is maintained at the integer level of 3200. Once this position continues to break, it will be possible to confirm the falling mode and it is very likely to set a new low. The pressure above is maintained near the previous high of 3212 in the European session. The previous high is very likely to suppress the European session again. If the European session continues to set new lows, the US session is likely to continue to fall. At present, we have two operating ideas. The ideal point is to wait for gold to continue to rebound and short around 3202-05, with the target at 3180-3150. After breaking 3150, you can continue to rebound and short. On the whole, the short-term operation of gold is recommended to be mainly short on rebounds, supplemented by long on pullbacks. The short-term focus on the upper side is the 3202-3212 resistance line, and the short-term focus on the lower side is the 31120-3110 support line.
Gold Sniper Zones - XAUUSD May 12 Monday🔍 Key Intraday Demand Zones (Potential Bounce Areas)
🔵 3220–3200
Current area of interest with short-term absorption signs
May serve as temporary reaccumulation base if bulls defend this area
Ideal zone for intraday reaction → confirmation required before acting
🔵 3180-3165
Strong historical reaction level
Previously held structure before rally
If price breaks below 3209, this is likely where buyers will re-enter aggressively
🔺 First Major Intraday Resistance Zones
🔴 3240–3255
First clean lower high zone
Recent bearish pressure originated here
Any bounce toward this area may face sharp rejection
🔴 3275 - 3290
Former structure base, now flipped
Watch for potential NY spike into this region → rejection likely without a confirmed breakout
🧠 Final Words:
Gold isn’t in freefall. It’s moving between precision zones that traders either recognize — or get wrecked by.
At this stage:
Below 3209 = bearish pressure likely continues toward 3170s
Above 3255 = watch for liquidity sweeps and false confidence
🎯 Stay with structure. Ignore the noise. Let the market earn your entries.
Drop a 🚀 Follow, comment, and share with your trading crew — if this helps your trading; let’s build a sharp Gold team
📌 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 market analysis referenceThe 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 yesterday. 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 bears in the future. The downward trend of gold prices since 3439 is still continuing. If it falls below the previous low, that is, 3200, the decline will be further expanded and will run towards the target of 2909 in our previous analysis. Everyone can pay attention to this. Gold opened low and went low this week, and it rebounded near the previous low. Now at the four-hour level, a downward trend channel is formed from 3500 to 3440. The current support below the gold price is near 3164. This is the condition that it can fall below the previous low of 3200 before it can continue to push down.
Rebound means short, short-term pressure level focuses on the high point of 3265 as the watershed of strength and weakness. Gold failed to stand on 3265 in the short term, which means that the market is still in the rhythm of short-selling. Our layout during the day is also based on 3265. When the rebound reaches the top near the pressure level, we boldly short! In view of the release of CPI data in the US market, the current volatility of gold prices has slowed down, so it is recommended to keep an eye on it first. If the gold price touches 3270 after the release of the US market data, you can start to arrange short orders to look down at the key support position of 3200. After breaking the position, you can continue to look at the lower track of the downward channel analyzed in the morning near 3160. On the whole, today's short-term operation strategy for gold is to focus on rebound shorting and callback longing. The short-term focus on the upper side is 3265-3270 resistance, and the short-term focus on the lower side is 3200-3160 support. Friends must keep up with the rhythm.
Short order strategy:
Strategy 1: Short (buy short) 20% of the position in batches around 3265-3270 in the early trading of gold, stop loss 10 points, target around 3230-3210, break the position and look at the 3200 line
Long order strategy:
Strategy 2: When gold falls back to around 3200-3205, buy long positions in batches (buy up) of 20% of the position, stop loss 10 points, target around 3230-3250, break the position and look at 3290
XAU/USD: Go short on the rebound.The trend of the gold market yesterday was highly consistent with our strategy. The fluctuation range of the gold price within the day was clear. The lowest point touched was $3,216, and the highest point rose to $3,265. As a whole, it presented a typical rectangular oscillation pattern, which was in full accordance with the analysis and prediction we released over the weekend.
In terms of the trading strategy, within the oscillation range of $3,200 to $3,270, it is recommended to adopt the trading idea of selling on rallies. It is relatively prudent to place short positions after the price rebounds to a high level. However, going long at a low position requires caution as there is a certain degree of risk. Currently, we need to focus on the breakthrough of the key level of $3,215. If the gold price effectively breaks below $3,215 today, the support of the round number level of $3,200 may be challenged, and there may be a risk of losing this support level.
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
Gold (XAU/USD) – Daily Analysis🌐 Geopolitical Context
After a long standoff, the United States and China have finally reached a preliminary agreement on tariff reductions, easing one of the largest trade tensions in recent years. This move is likely to reduce market uncertainty, making risk-on assets more attractive than traditional safe havens like gold.
🗺 Market Structure Overview
On the daily chart, we clearly see a double top formation starting to take shape, likely triggered by today’s market reaction to the US-China trade news.
🔻 This structure typically indicates a potential market reversal or at least a strong retracement,
as sellers step in at a previously defined resistance.
📉 Key Technical Levels
Double Top Resistance – Currently forming around the $3,500 level, a clear psychological barrier for buyers.
Supply Zones – Multiple layers of overhead supply are visible, likely to cap any further upside.
BULL OTE – Potential deep retracement zone if the market pulls back aggressively, located around $3,000 - $3,100.
50% Retracement – Sitting near $3,200, this level could act as an intermediate support if selling pressure increases.
📊 Short-Term Outlook
For now, gold seems poised for a potential pullback, especially if the double top confirms with a clear rejection. However, the broader trend remains bullish unless the price breaks below the supply zones and the BULL OTE.
Gold Price Analysis May 16Yesterday's D1 candle pulled back within the uptrend with a liquidity sweep to 3121. Today there is unlikely to be a sell-off and the price will continue to return in the uptrend.
Today, it is better to mainly look for retest points for BUY signals.
In the immediate future, 3198 is the first BUY zone that the Asia-Europe session can consider. When breaking this zone, buy entries may not carry long TP expectations. The Breakout zone of 3153 and the bottom zone of 3125 are two important supports to prevent the gold price from a downward slide.
In the opposite direction, the Asian session resistance zone around 3254 also acts as an immediate barrier for the gold price increase. Break 3254 should not BUY until the 3288 zone before SELL Scalping can be done. The upper barrier of the Daily Frame is at 3320.
Bullish bounce off pullback support?XAU/USD has bounced off the support level which is a pullback support and could potentially rise from this level to our take profit.
Entry: 3,202.71
Why we like it:
There is a pullback support level.
Stop loss: 3,151.11
Why we like it:
There is a pullback support level that lines up with the 127.2% Fibonacci extension.
Take profit: 3,344.32
Why we like it:
There is a pullback resistance level that lines up with the 61.8% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
lease be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GOLD Will Go Up! Buy!
Here is our detailed technical review for GOLD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 3,242.49.
The above observations make me that the market will inevitably achieve 3,415.14 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
Gold Trade Plan 15/05/2025Dear Traders,
Gold reacted to the AB=CD zone as expected in the previous analysis and bounced up by 400 pips. Right now, we have two scenarios:
1-A further drop towards the 3040–3050 area.
2-The correction has ended, and wave 5 has started.
I will provide the next update soon.
f 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 intraday trading plan 5/12/2025As explained in my weekly forecast, I am still bullish on gold. The current opening drop can be seen as a good buying opportunity. I will monitor the price action closely at 3270 level. As long as this level holds, I will buy towards 3370 today.
However, if 3270 is broken, gold may turn to bearish in short term.
4 Profitable Bullish Patterns EVERY TRADER Must Know Forex, GOLD
In the today's post, we will discuss accurate bullish price action patterns that you can apply for trading any financial instrument.
1️⃣Bullish Flag Pattern
Such a pattern appears in a bullish trend after a completion of the bullish impulse. The flag represents a falling parallel channel. The market corrects itself within.
Bullish breakout of the resistance line of the channel is a strong bullish signal that can be applied for buying the market.
Best entries should be placed immediately after a breakout or on a retest.
Safest stop loss is below the lows of the flag.
Target - the next key resistance.
Here is the example of a bullish flag pattern that was formed on Gold on a 1H time frame. As you can see, after the breakout of the resistance of the flag, a strong bullish rally initiated.
2️⃣Ascending Triangle
Such a pattern forms in a bullish trend on the top of the bullish impulse. The market starts consolidation, respecting the same highs and setting higher lows simultaneously.
The equal highs compose a horizontal resistance that is called the neckline.
Its breakout is an important sign of strength of the buyers.
Buy the market aggressively after a violation, or set a buy limit order on a retest.
Stop loss should lie at least below the last higher low within a triangle.
Target - the next strong resistance.
Take a look at that ascending triangle formation on EURUSD.
Bullish breakout of its neckline was a perfect bullish signal.
3️⃣Falling Wedge
That formation is very similar to a bullish flag pattern.
The only difference is that the price action within the wedge is contracting so that the trend line of the wedge are getting closer to each other with time.
Your signal to buy is a bullish breakout of the resistance of the wedge.
Stop loss is strictly below its lows.
Target - the next key resistance.
GBPUSD formed a falling wedge on a 4H time frame, trading in a strong bullish trend.
You can behold how nicely the price bounced after a breakout of its upper boundary.
4️⃣Horizontal Range
Similarly to the ascending triangle, the horizontal range forms at the top of a bullish impulse in a bullish trend.
The price starts consolidation , then, setting equal highs and equal lows that compose a horizontal channel.
Breakout of the resistance of the range is a strong trend-following signal.
Buy the market aggressively after a breakout or conservatively on a retest.
Stop loss will lie below the lows of the range.
Target - the next strong resistance.
Dollar Index formed a horizontal range, trading in a strong bullish trend.
Breakout of the resistance of the range triggered a bullish rally.
The best part about these patterns is that they can be applied on any time frame. Whether you are a scalper, day trader or swing trader, you can rely on these formations and make consistent profits.
❤️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.
Gold is also hesitating whether to break the position or not.
It is not unfair to say that gold fluctuates slowly.
I mentioned in my article yesterday that it depends on the closing level of gold. Different closings represent different meanings. 3235 was treated as the standard watershed on that day. As a result, gold fluctuated sideways in the afternoon despite the rebound of US stocks. In terms of the daily structure, it closed with a middle-yin candle with a lower shadow, and closed flat at 3235.
There is more than 200 points of pressure above, and it can close flat, which means that gold does have something. Of course, just closing flat does not completely mean that gold bulls are back. It can only be said that bulls are still in the market and have not completely fled. Then it is normal for gold to rebound after testing 3200 again and receiving support.
There are also reasons in terms of market sentiment. Judging from the main speculative sentiment report, it has been a long-term horizontal bullish trend. From the perspective of capital sentiment, global stock markets were soaring on Monday. The easing of the trade war between the world's two major economies encouraged funds to no longer simply entrench themselves in gold and began to bloom in multiple directions.
That being said, let's count them: 91% of retaliatory tariffs were canceled; 24% of reciprocal tariffs were suspended for 90 days; 20% of fentanyl tariffs were not mentioned; 10% of universal tariffs remained the same.
The current retained tariffs are still very high, and they will inevitably leave traces in the economy, such as stagflation effects such as price increases and economic slowdown. In this way, the temporary easing is actually still on the surface and has not really solved the fundamental differences that led to the dispute. The most important thing is that the US trade deficit with China still exists. It is impossible to reshape the sweater relationship between the two sides in the short term. Any disturbance during this period will directly affect the attitude of safe-haven funds.
Especially the CPI data released by the US market tonight, the expected value of the unadjusted CPI annual rate in April is the same as the previous value of 2.4%, and the monthly rate is relatively high.
At this time, there is a basic problem. April has entered the battle of tariffs. Throughout April, the market has regarded gold as a lifeline. For example, when you see that daily necessities are about to be taxed and raised in price, what will you do?
Right, so if nothing unexpected happens, inflation caused by tariffs will rise. The good thing is that in terms of energy in April, the price of crude oil is straight down, so it offsets part of inflation. In principle, the impact of this announcement should be small. As for the core data, I personally think that it will rise compared with the previous value, that is, no matter how it is collected, there will be a limited situation of favorable factors.
After the midday trading, gold once probed upward and has tested the resistance level of 3260. I just calculated gold. It is originally adjusted by fundamentals, so it is still treated as an adjustment, that is, rebound and open short, or break and follow up.
Secondly, draw a channel according to the four-hour chart, and combine it with Fibonacci. Pay attention to 77-91 in the middle track of the Bollinger Band. If a reversal signal appears in this range, you can consider entering the market based on the signal to see a decline. At that time, you need to pay attention to 3219 and 3207 below. If the integer level is broken, you can also consider further lowering the gold target to the range of 3160±10.
Hello traders, if you have better ideas and suggestions, welcome to leave a message below, I will be very happy