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CFDs on Gold (US$ / OZ)

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GOLD trade ideas

If the direction is unclear, don’t panic, respond flexibly!Gold has been showing a daily yin-yang alternating pattern since last Wednesday, but the overall rising rhythm has not been broken. The MA5-day moving average and the MA10-day moving average formed a golden cross and continued to extend upward. The arrangement of this moving average system provides a certain support momentum for the gold price. During the day, we need to focus on the support effect of the moving average. The current 5-day moving average is near 3340, and the 10-day moving average is near 3325. These two positions constitute an important support area for the short-term gold price correction. In terms of upper resistance, first pay attention to yesterday's high of 3392. If the gold price can break through this resistance level, it means that the upward momentum is strong, and it is expected to continue to be strong to 3400-3420, further opening up the upward space. From the 4-hour chart, as long as the short-term gold market is above 3330, then gold is still in a strong bullish trend. On the contrary, if it falls below the closing line near 3330, then it is a broken trend line, and the subsequent market is likely to form a weak shock pattern again, so the current operation is actually very simple. As long as the 3330 position is not broken, you can rely on 3330 to enter the market and do more. Focus on the support near yesterday's low of 3333 below, and focus on the resistance near 3375-3380 above. Gold operation suggestions: It is recommended to short gold near 3365-3375, with a target of 3350. Go long gold when it falls back to 3335-3345, with a target of 3360-3370.
OANDA:XAUUSDLong
by TP_Daniel5
Gold Intraday Trading Plan 6/6/2025Gold has been very volatile these days. A single news will move the market up and down. After it went according to expectation to 3400, it quickly dropped and break 3360 support. In short term, it has turned into bearish market, as the trendline was broken. However, in my weekly post, I stated as long as 3330 is held, I am holding bullish view. Therefore, I expect the price to consolidate today between 3330 and 3360. I will sell from 3360 zone and buy from 3330 zone. Bear in mind that today is NFP day. The market will be even more volatile. Follow your trading plan and protect your account. Sometimes no trading is a good trade.
CAPITALCOM:GOLD
by SteadyFund
The latest gold market trend analysis strategy on June 5: ADP data impact: The US "small non-farm" data in May was significantly lower than expected (37,000 new vs. 110,000 expected), strengthening the market's bet on the Fed's interest rate cut, the US dollar was under pressure (falling below the 99 mark), US Treasury yields fell, and gold was supported as a safe-haven asset. Technical signal: The bottoming pattern of gold daily line was confirmed, and the low point gradually moved up (3344→3350). The short-term bulls were strong, but attention should be paid to the breakthrough of the previous high of 3392 pressure level. Non-farm outlook: If the non-farm data continues to be weak on Friday, gold may accelerate its rise; if it rebounds beyond expectations, the US dollar may rebound in the short term, and gold faces the risk of a correction. Technical analysis Key price Support: 3344-3350 (intraday low and early long order entry, long defense line) Resistance: 3385-3392 (Wednesday high and early week suppression, breakthrough opens up upside) Bull-bear watershed: If gold price stands above 3392, the target is 3420-3450; if it loses 3344, the risk of short-term correction increases. Form and momentum 15-minute chart: The big positive line rises with large volume, showing strong bullish momentum, but be wary of the decline in the latter part of the US market (3384→3360). 4-hour chart: MACD golden cross continues, RSI is close to the overbought zone, there may be short-term fluctuations, but the trend is still bullish. Operation strategy suggestions： Day trading (June 5) Long strategy Entry point: Long with a light position when the price falls back to 3355-3360, and those who are conservative will wait for the area around 3345 to increase their positions. Stop loss: below 3340 (to prevent false breakthroughs). Target: 3380-3385 ​​(reduce half position), and look at 3400-3420 after breaking through 3392. Short strategy (cautious) Entry point: Try short with a light position when the price first touches 3390-3392 (needs a quick fall signal). Stop loss: above 3395. Target: 3375-3365 (short-term speculation callback). Mid-term layout: If the gold price stabilizes at 3400 after the non-agricultural data, you can arrange long orders with the target at 3450-3480. Market sentiment and risk warning Disagreement among retail investors: Some traders bet on continued weakness in non-agricultural data and arrange long orders in advance; other funds are waiting for the direction to be confirmed after the data is released. Institutional trends: Pay attention to the policy signals before the Fed's June interest rate meeting. If the employment data continues to weaken, the probability of a rate cut in September may rise to more than 50%. Risk events: Non-agricultural data deviates from expectations (especially the unemployment rate and wage growth rate). Geopolitics or unexpected hawkish remarks by Fed officials may disturb the market. Summary Gold's short-term technical and fundamental aspects are bullish, but we need to be wary of profit-taking before non-agricultural data. Trading discipline: Strictly stop loss, stop profit in batches, and avoid heavy bets on data. If the Asian and European sessions maintain a consolidation above 3360, the US session can choose to follow up with breakthrough long orders. Key question to think about: If the non-agricultural data is stronger than expected, where is the limit of gold's correction? Potential answer: 3300-3320 area (previous platform support + daily level trend line), then you can observe the stabilization signal and re-arrange long positions.
FOREXCOM:XAUUSDLong
by Golden_Line_FX
As long as gold falls, keep buyingBelow gold, we continue to pay attention to the short-term support of 3353-60. Today, we focus on the important support position of 3338-45. The trend is still mainly to do more when it falls back. We must operate under the premise of following the general trend. Only in this way can we achieve stable operation. From the 4-hour analysis, the short-term support below focuses on the vicinity of 3354-62. The daily level stabilizes at this position and continues to see the strong upward rhythm of bulls. Focus on the support of 3338-45. Pay attention to the suppression of 3395-3400 above. Keep the main tone of low-long participation around this range during the day. In the middle position, watch more and do less and be cautious in chasing orders, and wait patiently for key points to enter the market. Gold operation strategy: 1. Go long when gold falls back to 3353-3362, and cover long positions when it falls back to 3340-45, stop loss 3336, and target 3395-3400.
PYTH:XAUUSDLong
by WillChurchill
2
US-China Talk Drops Gold Short; Short StrategyToday, Trump announced that China and the U.S. participated in a telephone exchange 🔊! After the market learned this, optimistic sentiment surged rapidly, causing U.S. stock futures to rise sharply in the short term 📈. As a result, spot gold turned lower in the short term ↓. The current situation favors short positions: Short at current price 📉: Initiate a small short position near 3350 👌, set a unified stop loss above 3360 ⚠️, and target key support levels at 3325-3320 🎯. Add to shorts on rebound ↕️: If the price rebounds to the 3350-3360 range, increase the short position 📊, maintaining the same target 🎯. Chase shorts on breakdown 💥: If the price breaks below 3320 support, chase the short trend with a stop loss at 3330 ⚠️, targeting the psychological level of 3300 🧠. Risk reminder ⚠️: Monitor U.S. stock futures and follow-up developments in U.S.-China relations closely 👀, and be wary of volatility caused by a reversal in market sentiment 🚦. Keep position sizes within 10% ⚖️ and strictly adhere to stop losses ⛔. Gold Trading Strategies sell@3350-3355 tp:3325-3320 sell@3315-3320 tp:3305-3300 Professional trading strategies are pushed daily 📊 Lock in precise signals amid market fluctuations 🚀 Confused about market trends? Stuck in strategy bottlenecks? Real-time strategies serve as your "trading compass" 🌐 From trend analysis to entry/exit points, dissect market logic comprehensively Refer now 📲 Help you move steadily forward in investments ✨ 👇👇👇
OANDA:XAUUSDShort
by LenBessemer
Gold turns lower despite big silver breakoutGold has turned lower on the day, slipping after it failed to hold above the key $3400 resistance level. Despite a major breakout in silver, gold couldn't ride the wave, turning negative as risk sentiment improved on news of a "very positive" Trump-Xi call and renewed US-China trade talks. The move also came alongside firmer commodity currencies and a rebound in USD/JPY, adding further pressure on the yellow metal. Technically, yesterday’s inside bar low at $3343 is now the immediate bearish target, with further downside potential toward the $3320–$3330 support zone. If the recent swing low near $3250 breaks, bulls could be in real trouble. By Fawad Razaqzada, market analyst with FOREX.com
FOREXCOM:XAUUSD
by FOREXcom
Gold bulls encounter resistance at 3400 Spot gold has recently shown a high-level oscillation pattern, with alternating large positive and negative lines at the daily level, and violent fluctuations. Today, we will focus on the euro zone refinancing rate decision, and the US non-farm data will be released on Friday. In addition, we need to continue to pay attention to the impact of global tariff policies, Fed dynamics and geopolitical situations on the market. Technical analysis Daily level MACD golden cross oscillates near the zero axis, and closes small positive and negative lines for two consecutive days, indicating high-level oscillation. Key support: 3343.7 (yesterday's low) and 3333, and maintain strong oscillation before breaking. Moving average support: MA5/MA10 (3354-3338), middle track and MA30 (3297-3304). 4-hour level Bollinger band narrows, range compression; MACD sticks flat, and fluctuates sideways. Resistance: 3384 (parabolic turning point), 3397 (upper track). Support: 3364-3359 (MA10 and middle rail), 3340-3327 (MA30/MA60). Hourly level MACD golden cross shrinks, STO repairs downward, and there is a risk of a short-term decline. Key support: 3364.5-3367 (middle rail and moving average adhesion), look down to 3354 after breaking. Trading strategy Short-term operation Short order: 3382-3384 light position short, stop loss 3388, target 3365-3355. Long order: 3353-3354 long, stop loss 3345, target 3365-3380. Breakthrough strategy If it breaks through 3390, follow up with long orders at 3382-3384, target 3410. Short orders can be arranged in the 3410-3412 area, with a target of 3400-3390. Risk warning The market may remain volatile before the non-agricultural data, beware of the risk of a high-rise decline. In the medium term, pay attention to the breakthrough of the strong resistance of 3435-3450 and the support range of 3330-3340. Key points Resistance: 3384-3392 → 3405-3415 → 3435-3450 Support: 3365-3355 → 3343-3333 → 3304-3297
FOREXCOM:XAUUSD
by Trend_Trading_xau