GOLD trade ideas
How to read the opening price of goldAs for the daily chart, the market surged on Monday and Tuesday, plummeted on Wednesday and Thursday, and ended in shock on Friday. The bulls and bears were tug-of-war and refused to give in to each other. The short-term news is relatively complicated. Market sentiment follows the news. It surges when it is slightly nervous and plummets when it is appropriately relaxed. There are certain risks in short-term operations, and the volatility is large. Maintain two principles. First, do not chase gains and sell losses; second, reduce positions. There are opportunities in the market at any time. If there is news on the weekend, it will inevitably impact the market next week. Gold will still be violently swept for the time being. It is expected that this will be the norm throughout May. As time goes by, the weekly MA10 gradually moves up. This position will be the focus of attention in the later period. The biggest retracements in the past were all based on this support. Any large downward adjustments are opportunities for long positions. On the whole, the short-term operation strategy for gold next Monday is to focus on long positions on pullbacks and short positions on rebounds. The short-term focus on the upper side is the 3370-3410 resistance line, and the short-term focus on the lower side is the 3310-3315 support line.
Looking forward to seeing Gold respect that downfall We might not see it the same way but this what I believe Gold will be selling this week.
DeGRAM | GOLD has reached the channel boundary📊 Technical Analysis
● Chart shows a bullish breakout from the falling wedge into a rising channel. Support near $3,300 held firm, and price is now above the $3,360 pivot, eyeing the $3,430–$3,500 resistance zone. Oscillators on daily chart remain positive, reinforcing the upward bias.
💡 Fundamental Analysis
● Global uncertainty is fueling safe-haven demand: tensions in Ukraine, the Middle East and renewed US-China trade fears are supporting gold.
● A softer US dollar and policy uncertainty also boost bullion; analysts note continued demand keeping prices elevated above $3,000.
● Bank of America highlights that US trade-policy uncertainty will “lend support” to gold prices.
✨ Summary
Upside momentum remains strong, with key support around $3,300–$3,360. Gold’s long bias points toward ~$3,500 in the short term, underpinned by geopolitical risks and a weak dollar.
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Gold May be in Bullish Direction from a Support LevelHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Moody's downgrades US credit rating, will gold be affected?Information summary:
At about 4:43 pm on Friday (the last minute before the market closed), Moody's downgraded the US sovereign credit rating from AAA to Aa1 on the grounds of "surge in debt and fiscal out of control", ending the US's last "top credit" title among the three major rating agencies.
Perhaps considering reducing the impact, Moody's announced this news after the US stock market closed. But at this time, gold, foreign exchange and other markets still have more than ten minutes of trading time. The 10-year US Treasury yield once rushed from 4.44% to 4.49%, the US dollar index fell, and gold rushed up.
The downgrade is a super-class data, which may cause gold to rebound in stages, but not continuously. If nothing unexpected happens, after the adjustment, gold may continue to retreat in a trend.
Technical analysis:
Next week, gold may rebound in stages to 3330-3340. Then there may be a trend decline again, and I estimate that it may test around 2950 below. As for why it went to 3330-40, here is an analysis:
I think the current gold trend is very similar to the holiday trend in Asia from May 1st to 5th. It also fell sharply, then bottomed out and rebounded, and then stretched up again. I also drew it in the picture, which is basically consistent with the current trend. If the next market trend is copied from the previous paragraph, then I think it should test the 3330-40 point.
XAUUSD Weekly Analysis & Trade Signal — May 18, 2025Technical Overview:
Price is currently trading around the $3,204 level, right below a key resistance zone of $3,245–$3,255, which aligns with the midline of the descending parallel channel.
This zone has historically acted as a strong resistance. If price retests and rejects this level again, we can expect a significant bearish move.
However, a clean breakout above $3,255 followed by a successful retest and hold would shift the bias to bullish, potentially targeting the upper boundary of the channel near $3,360.
The weekly candle closed below $3,240 with strong bearish momentum (notable red volume), signaling a potential continuation of the downtrend next week.
Trading Plan for Next Week:
🟥 Bearish Bias (Preferred Scenario)
Entry: If price retests $3,245–$3,255 zone and shows strong rejection (e.g. bearish engulfing or wick rejections).
Target 1: $3,200
Target 2: $3,145
Target 3: $3,100
Stop Loss: Above $3,270
🟩 Bullish Scenario (Breakout Confirmation)
Entry: If price breaks and holds above $3,255, and confirms with a bullish retest.
Target 1: $3,300
Target 2: $3,345 (channel top)
Stop Loss: Below $3,230
Summary:
Your preferred bias should remain bearish unless price clearly breaks and holds above the $3,255 resistance zone. Trade based on confirmation, not anticipation.
Kindly show support, like and comment.
Elliott Wave Analysis – Bearish Wave 5 Setup in Progress 📉 Elliott Wave Analysis – Bearish Wave 5 Setup in Progress 🔍
Watchlist: Short Opportunity at Completion of Wave 4
⸻
✅ Wave Count Overview
As illustrated in the chart, we have a clear impulsive Elliott Wave structure unfolding. Waves 1, 2, 3, and 4 have been successfully completed, as confirmed by the Awesome Oscillator (AO) displaying healthy wave divergence and convergence throughout the formation.
• Wave 3 extended beautifully, and now Wave 4 appears to have completed its corrective phase.
• AO shows classic convergence during this retracement, confirming weakening bullish momentum — a hallmark sign of Wave 4 development nearing exhaustion.
⸻
📌 Key Technical Levels:
• Wave 4 Top: Completed near the 1.618 Fibonacci extension, a textbook resistance zone for the end of a corrective wave.
• Critical Resistance / SNR Level: 3202.465 – This zone acts as a major resistance, aligning perfectly with prior structure and fib confluence.
• Important Rule: Wave 4 must not overlap with Wave 1 territory. So far, this rule remains respected. A break below this would invalidate the current count.
⸻
🎯 Wave 5 Trade Setup – Bearish Bias
Looking ahead, I’m anticipating the final leg down – Wave 5 – to unfold from this resistance region. This presents a potential shorting opportunity for high-probability traders.
• Wave 5 Target Zone:
🔻 1.618 - 1.88 Fibonacci extension from Wave 3
🔻 Expect strong bearish momentum to kick in as Wave 5 progresses
🔻 AO should shift strongly red again, confirming impulse resumption
⸻
💡 Summary & Trading Plan:
• ✅ Wave 4 looks completed based on Fibonacci confluence + AO convergence
• 🔥 Resistance at 3202.465 is the key level to watch
• 📉 Enter short once price confirms rejection and momentum shifts
• 🎯 Target zone: 1.618 - 1.88 fib extension below
• ❗ Risk: Setup invalidated if Wave 4 enters Wave 1’s price zone
👉 Let’s ride Wave 5 together! 🚀💥
#elliottwave #tradingviewanalysis #wavecount #shortsetup #technicalanalysis #priceaction #aoindicator #wave5incoming
Upwards pullback Gold may pullback to the upside, after finding some stability above 3220 barrier. If it remains above 3220, a upward correction is possible. Simultaneously, the commodity has been facing bearish pressure as from last week, and if price action settles beneath 3220, a correction down may continue.
Gold - Long SetupGold broke a very strong trendline and came back for a retracement to test it. A strong bullish momentum could be observed. Therefore going long on XAUUSD
XAU/USD 16 May 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 23 April 2025
Price has now printed a bearish CHoCH according to my analysis yesterday.
Price is now trading within an established internal range.
Intraday Expectation:
Price to trade down to either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high priced at 3,500.200.
Note:
The Federal Reserve’s sustained dovish stance, coupled with ongoing geopolitical uncertainties, is likely to prolong heightened volatility in the gold market. Given this elevated risk environment, traders should exercise caution and recalibrate risk management strategies to navigate potential price fluctuations effectively.
Additionally, gold pricing remains sensitive to broader macroeconomic developments, including policy decisions under President Trump. Shifts in geopolitical strategy and economic directives could further amplify uncertainty, contributing to market repricing dynamics.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Analysis and bias remains the same as yesterday's analysis dated 15 May 2025.
In my analysis from 12 May 2025, I noted that price had yet to target the weak internal high, including on the H4 timeframe. This aligns with the ongoing corrective bearish pullback across higher timeframes, so a bearish internal Break of Structure (iBOS) was a likely outcome.
As anticipated, price targeted strong internal low, confirming a bearish iBOS.
While a bullish Change of Character (CHoCH) has printed, I am exercising discretion and not marking it as such, given the shallow nature of the pullback.
Additionally, another bullish CHoCH has printed, with price now trading within a defined internal range. I will continue monitoring this closely, particularly in relation to the depth of pullback.
Intraday Expectation:
Price to continue bullish, react at either premium of internal 50% EQ or M15 demand level before targeting weak internal low priced at 3,120.765
Note:
Gold remains highly volatile amid the Federal Reserve's continued dovish stance and persistent geopolitical uncertainties. Traders should implement robust risk management strategies and remain vigilant, as price swings may become more pronounced in this elevated volatility environment.
Additionally, President Trump’s recent tariff announcements are expected to further amplify market turbulence, potentially triggering sharp price fluctuations and whipsaws.
M15 Chart:
XAUUSD remains bearish unless it breaks 3265🗞News side:
1. India considers using new Indus River project to cut water supply to Pakistan.
2. Pay attention to the news of Russia-Ukraine ceasefire negotiations today
📈Technical aspects:
Today's opening correction is due to technical repair and adjustment, which is why I shorted. The support of 3200-3210 is of great significance to the short-term trend. If it can be supported here again, it may further promote the upward expansion space. However, after the rebound in the morning Asian session, it did not break through the 3265 line. On the contrary, the bulls began to weaken. Today is Friday, and the market is not expected to show a unilateral strong attitude. It will be treated as a shock during the day. Before breaking through 3265 above, we can short at a small level during the intraday rebound. Short-term operation suggestions, temporarily look at 3235-3240 on the upper side, and look at the support of 3210-3200 on the lower side.
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD FX:XAUUSD OANDA:XAUUSD
XAUUSD - Bearish Channel Breakout XAUUSD just got out of Bearish Channel, will it make a bullish trend now?
Entry, Stop Loss & Take Profit are mentioned.
xauusd 1hThe chart you’ve shared is a technical analysis of the Gold Spot (XAU/USD) on the 1-hour timeframe. Here's a breakdown of the key elements shown:
1. Downtrend Break:
A red trendline indicates a previous downtrend that has recently been broken to the upside, suggesting a potential reversal.
2. Buy Zone:
The chart labels a "buy zone" around the area where price has pulled back to retest the broken trendline—this is a common entry point for traders anticipating a bounce.
3. Levels & Target:
Level 1: Around 3,240
Level 2: Around 3,280
Target Successful: Around 3,330+
These are likely resistance levels or profit-taking points
Gold Spot Price Analysis: Potential Reversal from Downtrendprice movement of Gold Spot against the U.S. Dollar on a 15-minute timeframe, published on TradingView by MollyRonaldFx. The gold price has been trending downward, marked by a series of lower highs, forming a descending resistance line. Significant support zones are highlighted, with the price recently breaking below the latest support area. The chart indicates a possible bullish reversal, as suggested by the projected upward arrow, signaling potential buying opportunities near the 3,148.71 USD level. Key upcoming economic events could influence price movement.
GOLD: Will Go Down! Short!
My dear friends,
Today we will analyse GOLD together☺️
The market is at an inflection zone and price has now reached an area around 3,222.40 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move down so we can enter on confirmation, and target the next key level of 3,193.95.Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
Gold Price Action Analysis – 1-Hour ChartThis 1-hour chart of XAU/USD (Gold vs. U.S. Dollar) illustrates recent price action using key technical concepts such as Break of Structure (BOS) and Change of Character (CHoCH). The chart shows a clear downtrend with marked supply and demand zones, trendlines, and potential reversal areas. Price is currently consolidating near a support zone around the 3,190 level, with indications of market indecision. This setup may signal a potential breakout or continuation move, depending on how price reacts to the highlighted zones and trendline resistance.
Smart money concepts (Liquidity + FVG + Market Structure shift)✅ XAUUSD 4H Chart – Summary Analysis
Trend: Recent downtrend, but showing signs of bullish reversal.
Key Event: Price swept liquidity below equal lows (points 1 & 2), then bounced strongly.
FVG Zone: Price tapped into a Fair Value Gap (FVG), acting as a demand zone.
Trade Setup:
Entry: Around $3,150–$3,175 (FVG tap)
Stop Loss: Below $3,105
Take Profit: ~$3,315 (previous supply zone)
Risk-to-Reward: ~1:3 (high quality)
Current Bias: Bullish short-term, targeting previous highs.
Gold is abnormal, we still need to go long when we find an oppor
Gold has a perfect V-shaped reversal today. It opened at 3177 and fell unilaterally in the Asian session. It hit 3120 at noon and then rose slowly. As of the time of writing, it has completely recovered the decline and is currently trading around 3195. I have analyzed the European session. After the gold price broke through the extreme drop of 3200, it needs to be repaired, but it has taken another rebound correction. The analysis also gave attention to 3156 to 3168 to continue to be bearish. With the slow rise and break, the bearish view is invalid. Now make a new analysis.
Since the gold price has been rising slowly since 3120, let’s not guess whether this wave of upward movement is a rebound or a trend reversal. In terms of operation, I suggest to follow the trend and look at its upward movement first. Because we have analyzed the general trend before, it is still in the second wave of decline since the high-level decline and has not reached the trend target; secondly, the rebound of 70 points from the low level is not enough to judge the trend reversal. So first pay attention to the stagflation after this wave of slow bull trend and then make a trend judgment.
At the hourly level, the gold price has been rising slowly since the opening of the US market. This slow rise is generally not a top. We will wait for a correction and break through the previous hourly K before analyzing it. In terms of specific operations, we can first follow the trend and enter the market with long orders, with protection at 3176. The upper target is 3110. After breaking through, wait for a correction of 8-10 points to continue to go long and look at 3239. Then pay attention to whether the 3200 mark can be stabilized at the close of today, which is related to our layout ideas at the end of the week.
GOLD - WAVE 4 CORRECTION TO $2,800 (UPDATE)After a strong drop of 700 PIPS overnight, Gold has now strongly recovered from today's low pushing up nearly 800 PIPS. A complete U turn, wiping out all of the sellers gains.
Will keep an eye out to see if this move is a short squeeze to take out sellers before dropping again, or will bulls be coming back in control soon.
Gold potential buyGold has reacher a price imbalance ih H4 and finishing wave 5 of the elliot wave throey, i am looking for a reversal comfirmation and entry signal in 15min timeframe.
Will XAU/USD rise again? With the impact of the China-US peace talks, the safe-haven sentiment for gold has begun to cool, and gold has also started a downward trend. Shorting consecutively this week has yielded huge profits. For today's trading, focus on the support at 3150-3160. If the support test is effective, you can try going long.
Accurate signals are sent every day, all profitable and free. Account management services are also provided.
Today's trading strategy for gold:
xauusd buy@3150-3160
tp:3180-3200
XAUUSDHello Traders. This is my analysis for XAUUSD.
I am not a professional and I would be happy if you share your opinion in the comments.
