GOLD trade ideas
Gold price recovers above 3300, tariff impact⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) edged higher to around $3,310 during early Asian trading on Monday, buoyed by renewed demand for safe-haven assets amid lingering tariff uncertainty and heightened geopolitical risks.
Investors remain cautious following fresh tensions between the United States and China, after President Donald Trump accused Beijing of breaching the terms of their trade agreement. This has rattled global markets and lent support to the precious metal. Market participants now turn their attention to the upcoming US ISM Manufacturing PMI report for May, scheduled for release later in the day, which could offer further direction for gold.
⭐️Personal comments NOVA:
US raises tariffs on EU steel, a reminder of quickly negotiated deals, gold prices positive above 3300
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3335- 3337 SL 3342
TP1: $3328
TP2: $3315
TP3: $3300
🔥BUY GOLD zone: $3289- $3287 SL $3282
TP1: $3297
TP2: $3308
TP3: $3318
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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 price recovers with PCE news?⭐️GOLDEN INFORMATION:
Gold prices rebounded from weekly lows near $3,245 and surged past the $3,300 mark on Thursday, buoyed by a weaker-than-expected U.S. jobs report and optimism following a U.S. court ruling that halted President Donald Trump’s proposed tariffs. At the time of writing, XAU/USD is trading at $3,318, up 0.94% on the day.
The rally was fueled by data from the U.S. Department of Labor showing that jobless claims rose more than forecast, surpassing both market expectations and the previous week’s figures—an indication of potential softening in the labor market that weighed on the U.S. Dollar and boosted demand for safe-haven assets like gold.
⭐️Personal comments NOVA:
Price zone 3300, gold price accumulated in the past 2 weeks. waiting for fluctuations from tariffs
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3363- 3365 SL 3370
TP1: $3352
TP2: $3340
TP3: $3328
🔥BUY GOLD zone: $3280- $3282 SL $3275
TP1: $3290
TP2: $3300
TP3: $3310
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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 Pump then Dump (Sell Opportunities)Keeping it very simple, wait for China Session to lock-in its Hi of Session. It will drop for quick sells so take your money off the table as time moves along because price will return to work the Hi for London Session. London will either take China's Hi of Day/Session or work into it, trapping. (Shake out winners/ setting in London's position.) Then NY will repeat the process and either take London's Hi or work into it then get ready for the big fall traders. Friday = Closing price/Week. Please just be patience is the key, enjoy.
GOLD Trade Plan 27.05.2025Dear Traders,
The 3360 resistance was not broken, and gold dropped 800 pips from the top. I expect the price to fall to around the 3240–3260 area, and if the decline continues, we will enter a bearish phase with a target of 3000.
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
US court blocks Trump tax plan, GOLD falls sharplyOANDA:XAUUSD was sold off heavily in early morning trading on Thursday (May 29), with the price of gold falling to around $3,246/ounce, down more than $40 on the day.
Bloomberg reported that gold prices fell for the fourth consecutive day as the market digested news that a US trade court had blocked Trump's global tariff program. Gold prices fell 2% in the previous three trading days.
On Wednesday local time, a US federal court blocked the tariff policy announced by US President Trump on April 2, "Liberation Day", and ruled that Trump exceeded his authority and imposed comprehensive tariffs on countries that export more to the United States than they import.
The Court of International Trade in Manhattan said the US Constitution gives Congress the exclusive power to regulate trade with other countries, and the emergency powers the president declared to protect the US economy do not override those powers.
The lawsuit was filed by the Liberty Center for Justice, a non-profit, nonpartisan litigation organization in the United States, on behalf of small American businesses affected by the tariffs. It is the first major legal challenge to Trump’s tariff policies.
The U.S. Court of International Trade has ruled that most of Trump’s tariffs are illegal, sending the dollar even higher. A stronger dollar makes gold less attractive to buyers of safe-haven assets.
The Trump administration has filed a notice to appeal the ruling. The US Supreme Court is likely to have the final say in the landmark case, which could affect trillions of dollars in global trade.
The court's ruling dealt a blow to a pillar of the Republican Party's economic agenda and could reduce gold's appeal as a safe-haven asset.
Technical Outlook Analysis OANDA:XAUUSD
On the daily chart, gold will recover soon after falling to the important support level of 3,250 USD, note that you have read in the previous issues. However, falling below the Fibonacci 0.382% level with EMA21 is a negative signal for bullish expectations as this area becomes the nearest resistance.
But overall, gold is still in an uptrend with the channel as the main trend. Meanwhile, the Relative Strength Index (RSI) is approaching the nearest support at 50, an upward bend from this level would be considered a positive signal in terms of momentum.
As long as gold remains in/above the channel, I remain bullish and the notable positions are listed below.
Support: 3,250 – 3,228 USD
Resistance: 3,392 – 3,300 – 3,371 USD
SELL XAUUSD PRICE 3292 - 3290⚡️
↠↠ Stop Loss 3296
→Take Profit 1 3284
↨
→Take Profit 2 3278
BUY XAUUSD PRICE 3203 - 3205⚡️
↠↠ Stop Loss 3199
→Take Profit 1 3211
↨
→Take Profit 2 3217
Gold analysis in the daily time form4. Trading Strategy :
Long Setup :
Entry : If the price retests 3,350,000 as support (with strong volume).
Take Profit : 3,700,000.
Stop Loss : 3,300,000.
Short Setup :
Entry : If the price breaks down below 3,350,000 and reaches 3,241,372 (Fibonacci 0.5).
Take Profit : 3,150,000.
Stop Loss : 3,400,000.
5. Key Notes :
Volume at key levels (e.g., 3,350,000) must confirm the breakout or breakdown.
The asset symbol (labeled as USD ) is unclear, but it could represent a stock index or cryptocurrency .
Always use risk management tools (e.g., stop-loss) to limit losses.
Summary :
A strong bullish trend is confirmed after breaking above the consolidation zone.
3,350,000 is a critical level — a breakdown could reverse the trend.
3,700,000 is the long-term target for buyers.
XAU/USD Technical Analysis – 4H Chart Overview🔍 Current Market Position
Price: $3,358.125
Currently near resistance zone ($3,420–$3,470)
Historical reaction in this zone shows multiple rejections 🛑
📌 Key Levels
🔺 Resistance Point: ~$3,420–$3,470
Rejected here 3 times ➡️ strong supply zone
🔻 Support Level: ~$3,150
Past price bounced here multiple times 🟠
💪 Strong Support: ~$2,950
Major bounce seen in early May 👊
🧭 Pattern Outlook
Repeated resistance test 🔁 ➡️ potential double/triple top
📉 Blue arrow suggests bearish projection towards $3,050–$2,950
If support at $3,150 fails 🔓, expect deeper drop to strong support
🔮 Forecast
🔽 Bearish Bias
High chance of reversal from resistance
Target: $3,050 and possibly $2,950 🎯
⚠️ Watch for
Price Action at Resistance: Rejection = short opportunity 🔧
Break of $3,150 Support: May accelerate bearish move 🧨
📌 Summary:
Market shows clear resistance rejection history. If it plays out again, we may see a strong drop toward lower support zones. Ideal for short setups 📉💼
Top and bottom conversion, short position continues?📰 Impact of news:
1. The International Trade Court ruled that Trump exceeded his authority, and the previous tariffs may be suspended
2. Ukraine submitted a ceasefire document to Russia
3. Pay attention to the initial jobless claims data during the US trading session
📈 Market analysis:
The U.S. Court of International Trade in Manhattan blocked Trump’s “Liberation Day” trade measures, ruling that Trump had overstepped his authority by imposing sweeping tariffs on countries that export more to the United States than they import without authorization from Congress. This means that most of Trump's tariffs will be suspended. But at the same time, the recent geopolitical impact cannot be ignored. In addition, the initial jobless claims data will be released during the U.S. trading session today. Independent traders must set stop losses.
From a technical point of view, the 1H level chart of gold shows that the Bollinger Bands open downward, and the gold price is near the lower track, showing a weak pattern in the short term. Considering that 3285 is the previous low point, there is also a possibility of suppression at 3285. Therefore, we should pay close attention to the resistance range of 3285-3295. If the gold price in the Asian and European sessions can stabilize below 3295, then we can rely on the 3285-3295 range to enter the market and short. On the contrary, if the pullback today stands above 3300, then we should not chase the short easily.
🏅 Trading strategies:
SELL 3285-3295
TP 3270-3260-3250
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.
OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
Gold Intraday Trading Plan 5/30/2025Gold indeed behaved as predicted. It went down to 3245 and reversed above 3280 and continued until touching 3330. As shown in the chart, the trendline was broken and I am looking for buying opportunity from the retest of the trendline. If 3330 is broken, my 1st target will be 3345 and ultimate target for today is 3365.
GOLD GOLD ,in other to add more buy position we need a break above 3364 double confluence sell zone.
the ascending trendline helped keep price in a bullish direction and supported 3323-3326 demand floor to where we are trading at 3341 as at time of reporting and the next impulse should embrace 3364 zone.
break and close more buy confirmation.
on the sell side a breakout from the demand ascending trendline will kiss 3304-3308 and break below will attract more sell position.
Gold: supported by EU trade tariffsThe US-China tariffs tensions were settling down, however, new tensions emerged with a potential 50% tariffs on US imports from the European Union. Although news was negative for US equity markets and the value of US Dollar, it supported the price of gold to trade at higher grounds. The gold surged by 2% on Friday, ending the week at the level of $3.357. In addition, analysts are noting that the US House of Representatives adopted a tax and spending bill, which is supposed to add trillions of dollars to the US already significant debt. This is another reason why investors are eyeing gold as a safe-haven asset at this moment.
During the week the RSI again turned to the upside, ending the week at the level of 58. Based on charts, it seems that this indicator is eyeing again the overbought market side. Moving averages of 50 and 200 days are still moving without any change - as two parallel lines with an uptrend.
As long as the narrative over trade tariffs is active by the US Administration, the price of gold will be supported. As many times previously noted, markets are not happy with insecurity. Gold has for many centuries been a safe-haven asset, and it will continue to perform its basic role. As per current charts, there is some probability that the price might revert just a bit on Monday's trading session, which will mark a profit-taking from Friday's trading. The possible lower level is somewhere around $3.280. As long as uncertainty is active on the market, lower grounds of gold should not be expected. On the opposite side, the next potential level might be $3.430, marking highs from the beginning of May and mid-April this year.
no supply and no demand I’ve just noticed for the first time that the market is not able to close even a single momentum candle below the lower trigger line of the No Supply zone, and it is using that level as support — while treating the upper trigger line as resistance.
As long as the market doesn’t close an H1 momentum candle below the lower trigger line, the market remains bullish. On the other hand, unless the market closes an H1 momentum candle above the upper trigger line of the No Demand zone, the market remains bearish. So, the market seems to be ranging between these two levels.
Whichever side the momentum candle closes on, there’s a higher chance of price moving in that direction — according to my point of view.
Do your own research for better perspective.
Trade Idea:
Aggressive Entry: As soon as price comes near the lower trigger line, we could look at CAB setups on M1/M3 around S2/S3 levels and trade upward towards the upper trigger line.
Safe Entry: Once a momentum candle closes above the upper trigger line of the No Supply zone, wait for a retest of the lower trigger line, and then look for a CAB setup to go long.
This entire setup was being blocked by the 200 SMA and 100 SMA on the H4 timeframe.
Inverse logic applies for the No Demand setup.
Gold prices move higher, next target $3,440?XAUUSD
continues to move within a clearly defined ascending channel, with price action consistently respecting both the upper and lower boundaries. The recent bullish momentum suggests that buyers are in control, indicating the potential continuation of the upward trend.
Recently, price broke out with strong momentum and may now be pulling back to retest. This area previously served as a confluence zone between the lower boundary of the ascending channel and a prior price reaction level, aligning with the potential continuation of the bullish move.
If this level holds as support, I believe a bounce in line with the main trend could be triggered. The potential technical target is the 3,440 zone, in line with the upper boundary of the channel as well as the 1.618 Fibonacci extension. Conversely, failure to hold this support could signal a potential shift to the downside.
Hanzo / GOLD 15 Min Path ( Confirmed Bearish Reversal )🔥 Gold – 15 Min Scalping Analysis (Bearish Setup)
Bias: Bearish
Time Frame: 15 Min
Entry Type: Confirmed Entry After Liquidity Sweep
☄️ Bullish Setup Reversal – 3311 Zone
Price must break liquidity with high volume to confirm the move.
——-
🩸 Key Reasons for Entry:
☄️Price manipulated above previous high (liquidity grab trap).
☄️Strong rejection from key supply zone with SMC confluence.
☄️Bearish order block + break of market structure.
☄️Entry respects higher timeframe resistance level.
🔤 Fair value gap / imbalance completed.
🔻Setup aligned with institutional reversal window
Target: Next 15M demand zone / 1:3+ RR
Status: trade active 👌
Hanzo / GOLD 15 Min Path ( Confirmed Bearish Reversal )
Bullish bounce off 38.2% Fibonacci support?The Gold (XAU/USD) is falling towards the pivot and could bounce to the pullback resistance.
Pivot: 3,262.87
1st Support: 3,208.70
1st Resistance: 3,360.90
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0526 Mastering Divergence in Gold: Daily vs. 4H Chart TacticsHello traders,
Check this Latest COT Report first:
Gold:
Net long positions increased by 7,741 contracts, with a net long increase of 7%. The current total net long positions stand at 118,615, nearing the upper limit of the past year (the maximum being 254,841), with a relative position of 47%. This indicates that long funds are returning to the market, enhancing expectations for continued increases in gold prices; at the same time, short sellers are actively retreating, and those with short-term bearish views are exiting.
From a technical perspective, gold also shows a clear bullish trend. I believe the support level for gold is at 3200, and if it successfully breaks through the important resistance level of 3400, there is a possibility of testing the 3450-3500 range within this week.
On weekly chart, check this first.
Price action all above weekly EMAS
On this 4H chart, GOLD is running the fifth wave on this current swing. It could be rejected from the daily pressure line down to sideways price action above the red buying zone 3260-3277, WHERE BUYER VERY POSSIBLE WAITING THE OPPORTUNITY TO OPEN LONG TRADE ON GOLD AGAIN!
For mid-term buyers, fibo ext 1.27-1.414 zone is very possible.
GOOD LUCK!
LESS IS MORE!