Gold Trading Strategy Overview June 5There is not much surprise with the D candlestick having increased again. The increase can completely reach 3408 today.
The H1 wave structure also shows that the trend is increasing strongly and heading towards above 3400. 3363 is considered the first BUY support zone in the Asian and European sessions today.
3344 is the most important boundary zone of the trend, breaking this zone will cause the uptrend to break to 3400 in the short term and must wait for new uptrend waves.
In the opposite direction, 3382 is the resistance zone of the Asian and European sessions today and is also the breakout zone, this zone will reach above 3400 but before that there will be a reaction around 3397, which is a very likely flash break zone of the previous peak.
Resistance: 3382-3397-3410
Support: 3363-3344-3325-3317
Pay attention to trading at support and resistance zones when there is confirmation
GOLDCFD trade ideas
Gold (XAUUSD) long on the H4 timeframeI am anticipating a Gold (XAUUSD) long on the H4 timeframe. I might be wrong though, I do however have a strong feeling that the analysis I have made might turn out to be correct based on the previous levels being respected and the Elliot wave pattern being respected too. Please correct me if I have overlooked anything.
Will gold continue its uptrend from the 3,300 USD level?Hello dear traders!
Gold prices continued to decline against the US Dollar (USD) on Friday, falling below the previous psychological support level, which is now resistance, at 3,350 USD. The main reason was that the US Dollar gained some positive momentum as the market leaned toward the Fed maintaining its current policy in July following the May report, causing XAUUSD to move lower into the weekend.
From a technical perspective, as previously analyzed, gold broke below the psychological support level of 3,350 USD on Friday, with prices approaching the 3,300 USD support level at the time of writing. However, the RSI has dropped to the 30 level, indicating that selling pressure may be losing momentum, and global economic stress could potentially limit further losses.
Can Gold Reach $3400 This Week?📊 Market Overview:
On June 4, 2025, gold prices (XAU/USD) hovered around $3,370/oz after rebounding from the $3,333 level. However, selling pressure emerged as prices approached the strong resistance zone near $3,392–$3,400. Ongoing uncertainties regarding U.S.–China trade policies and expectations of a Federal Reserve rate cut continue to support safe-haven demand for gold.
📉 Technical Analysis:
• Key Resistance: $3,392 – $3,400
• Nearest Support: $3,333 – $3,320
• EMA 09: Price is currently above the 09 EMA, indicating a short-term uptrend.
• Candlestick Patterns / Volume / Momentum: The RSI on the H1 timeframe is at 59, suggesting bullish momentum remains but is approaching overbought territory.
📌 Outlook:
Gold may experience a short-term pullback if it fails to break above the $3,400 resistance level and profit-taking intensifies.
💡 Suggested Trading Strategy:
SELL XAU/USD at: $3,392 – $3,400
o 🎯 TP: $3,372
o ❌ SL: $3,410
BUY XAU/USD at: $3,320 – $3,333
o 🎯 TP: $3,352
o ❌ SL: $3,310
XAUUSD Daily Outlook – Premium Pressure & Weak High Trap in Play Hey team!
Hope you’re staying sharp as we close out this NFP week. Here’s your Daily Outlook for XAUUSD — built from clean structure, supply/demand logic, and current price action.
📍 Bias: Neutral → leaning bearish while inside premium rejection zone
🔹 1. 🔍 Daily Structure Overview
Recent CHoCH down after failing to break above the weak high at ~3395.
Price is reacting from premium supply and has now tapped a daily FVG near 3315.
We're in a mid-premium rejection area, with multiple rejections from the 3350–3395 zone.
🔹 2. 📐 Key Daily Zones
Zone Type Price Range Notes
🔼 Premium Supply Trap 3350 – 3395 Weak high, CHoCH zone, FVG, supply OB
🔽 Retracement Demand 3278 – 3262 Clean OB + imbalance zone (FVG)
🔽 Mid-Demand Range 3172 – 3140 Breaker block + daily wick base
🔽 Deep Demand (Discount) 2950 – 3020 Full retracement zone from last BOS
🔹 3. 📊 EMA Context (Daily)
EMA 5/21 cross locked bullish — but starting to curl as momentum slows.
Price is testing EMA21 from above; breakdown below it could invite further retracement.
All EMAs still stacked bullish, but showing early signs of cool-off.
🔹 4. 🔢 Fibonacci Swing
Swing used: 3245 (swing low) → 3395 (current top)
Price is now below 38.2% retracement (~3335)
50% = 3320, 61.8% = 3300 → high confluence in this cluster for potential bounce or breakdown decision.
🔹 5. 📉 RSI Check
RSI diverging slightly from highs → bearish divergence forming
Currently near 58 → leaves room for downside without being oversold
🔹 6. 🌍 Macro Context
NFP Report just released
→ Mixed numbers: NFP weak, unemployment up = mildly bullish gold
CPI incoming – key for inflation outlook and Fed tone
Market uncertain → risk-off flows could favor gold, but rejection from premium likely before CPI clarity
⚔️ Scenarios for June 9 Start
🔽 Bearish Plan (likely early-week setup)
Rejection from 3335–3350 → short trigger zone
TP1 = 3278
TP2 = 3172–3140 (if momentum extends)
🔼 Bullish Continuation
Clean reclaim of 3350 and 3395 breakout → flip into aggressive bullish continuation
Target = 3450–3500 FVG above current ATH
✅ GoldFxMinds Final Note
We’re in the heart of the premium trap — don’t buy blindly into strength. Let price show intent.
⚠️ This week may be a pre-CPI fakeout zone — stay patient, let the structure guide you.
📣 If you’re watching this with us — drop your thoughts in the comments. Are we heading to 3170 first or flipping 3395 clean?
Let’s crush the week,
— GoldFxMinds 💡
XAUUSD Sniper Plan – June 5, 2025"One push too far, or just the warm-up?"
Hello traders 👋
After Wednesday’s irrational 400+ pip run triggered by soft ADP and weak ISM data, Gold entered premium zones with no correction. But tomorrow, things get real: Unemployment Claims hit the scene — and that’s the one market actually listens to.
Price is now sitting on a thin floor, with liquidity stacked both above and below. Will we see continuation or reversal?
Let’s break down the map 🎯👇
🧠 Macro Bias & Structure
Daily & H4: Still holding a bullish market structure, but clearly overextended into premium zones.
H1 + M30: Minor CHoCH printed; no BOS down yet. RSI showing bearish divergence.
Fundamentals: ADP + ISM = weak, dollar bearish. But Thursday's jobless claims could decide the next leg. Until then: price is floating on air.
🔎 Bias: Mixed – bullish unless reversal is confirmed with BOS below 3373.
🔼 Bullish Zones (buy if price confirms support)
Zone Price Range Rationale
1. Deep Demand Buy 3315 – 3302 Full H1–H4 demand OB, FVG, and clean discount confluence. Strongest zone for rebound if news drives sell-off.
2. Daily OB Buy Zone 3342 – 3330 Untested D1 OB + fib 61.8% + equilibrium. Clean long trigger if market dumps before news.
DZ. Decision Zone (Not for blind buys) 3376 – 3373 Not a sniper buy. This is now a reaction zone: if price holds above, intraday longs may hold. If broken → bearish confirmation.
🔽 Bearish Zones (sell only with clean PA rejection)
Zone Price Range Rationale
1. Liquidity Sweep Sell 3389 – 3397 Clean stop-hunt zone above NY high. Weak hands will long too late — ideal for rejections.
2. Premium OB Sell 3412 – 3422 Unmitigated OB inside fib 1.0 extension. If we push up here pre-NFP, look for sweep + drop.
3. Trap Zone – Top of Move 3440 – 3452 Only valid if news overreacts. Last-resort reversal zone. Use LTF confirmation only.
⚠️ Key Notes:
Thursday = liquidity trap day before unemployment claims. Expect false breakouts.
Let price come to the levels — no chasing.
Don’t force the bias. Read the reaction.
💬 Final Word from GoldFxMinds:
We don’t chase candles. We don’t guess direction.
We prepare, we wait, we strike. ⚔️
Leave a comment if you’re watching this madness with us. Follow for more sniper-level breakdowns — and remember, we’re not here for hype. We’re here for precision.
📍Stay sharp, stay patient.
— GoldFxMinds
Gold (XAU/USD) 1H – Bullish Falling Wedge 🧠 **Technical Summary:**
* **Pattern:** Falling wedge (bullish)
* **Support Zone:** \$3,287 area (highlighted in green)
* **Resistance Zones:** Two supply zones around \$3,340–\$3,360 and \$3,370–\$3,380 (marked in red)
* **Current Price:** \~\$3,310
* **Projection:** Bounce from the lower wedge trendline or green support → consolidation → breakout to the upside
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### 🔍 **Price Action Outlook:**
* 📉 **Short-Term Bias:** Bearish until price tests the wedge bottom or hits demand near \$3,287
* 📈 **Medium-Term Bias:** Bullish if:
* Price forms a double bottom or bullish structure near \$3,287
* Breaks out of wedge top with momentum
* 🔄 **Invalidation:** Clean break below \$3,287 with no strong rejection would void the bullish wedge idea
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### 📌 Trading Plan (based on chart):
* **Watch for bullish reaction near \$3,287–\$3,300**
* **Confirmation Entry:** After breakout and retest of wedge + break of supply (\~\$3,360)
* **Targets:** \$3,400+ range
* **Stop-loss:** Below \$3,280 swing low (conservative)
Gold liquidity run short setup In this video I map out the range using the fixed range tool and talk about the possibility of a liquidity run on the weekly high before dropping back inside the range .
Engineering liquidity at the range value area high and thus heightening the expectation for more upside continuation , take the liquidity at $3392 and pull back below the vah *Value area high and head down to fill the new week open gap and the new monthly pivots $3297 and the poc * point of control and remain rangebound.
We all know that nothing is set in stone and this is just an idea out of many but its something to consider .
Set alerts and wait for reaction and lower time frame for confirmation
Thanks for your support
The market is testing a strong resistance zone Trade Rationale:
The market is testing a strong resistance zone near 3368. If this level holds, we anticipate a pullback or downward correction. Momentum indicators are showing signs of weakening bullish strength, which supports a short position.
XAUUSD (GOLD/USD) – SELL TRADE ANALYSIS 📉
🔻 SELL ZONE:
Entry recommended around 3368 level, where selling pressure is anticipated based on current resistance and price action signals.
Take Profit Targets:
TP1: 3365 – Initial intraday target
TP2: 3360 – Key minor support
TP3: 3355 – Short-term structural support
TP4: 3350 – Deeper correction level
TP5: 3345 – Final target for extended bearish move
🛑 Stop Loss:
SL: 3378 – Placed above the resistance zone to protect against upside breakout
Gold in correction waveFor intraday trading:
Gold is showing an ABC correction pattern on the chart, ending around 3275-3265. I'm looking to sell next week, with an invalidation level above 3338.
Looking for a buying opportunity at 3265, targeting 3462. Confirmation of continued buying interest above 3338, then 3400. invalidation level for buying is close below 3245.
XAUUSD waiting for my next buycorrection continues i already sold at 3399 and took profit at 3355, i closed it early because it s a sell trade and sell trades doesnt always hit the fibo levels, but still i am expecting price to drop around 3330-3325-3310 area i will buy there. to 35xx target dependin on where it ends.
Gold on Watch: Rebound or Just Another Dip?Hey traders, let’s take a closer look at what’s happening with gold this week.
After multiple failed attempts to break above the 3,385 USD resistance, XAUUSD has continued to retreat, searching for fresh momentum. As the new week begins, price action is hovering around the psychological 3,330 USD level, with no clear signs of a bottom yet.
At the moment, gold remains under pressure, weighed down by the U.S. dollar’s strength in global markets. Still, weekly sentiment among analysts is split: 7 are bullish, 6 are bearish, and 1 expects prices to hold steady.
Retail traders, however, seem more optimistic. In a recent online poll of 256 participants, 66% predicted gold would rise, 15% saw a drop, and the rest expected sideways movement.
All eyes are now on upcoming economic news that could tip the scales. Personally, I'm leaning toward a recovery — how about you?
Stop and read me i command you !!! Gold baby !!! XAUUSD Bullish Outlook: Next 4 Hours
Gold (XAUUSD) appears poised for further upside in the immediate 4-hour timeframe. Recent technical analysis suggests a sustained bullish momentum, with price action holding above key moving averages. While short-term corrections are always possible, the overall sentiment favors buyers.
Key Observations:
* Strong Support: Price is finding strong support at recent lows, indicating a solid foundation for continued upward movement.
* Momentum Indicators: Momentum indicators on the 4-hour chart are either trending higher or in bullish territory, confirming buying pressure.
* Potential for Breakout: Watch for a decisive break above immediate resistance levels. A successful breach could open the path to new highs.
Potential Targets:
Should the bullish momentum continue, we could see XAUUSD testing higher resistance levels in the coming hours. Traders should monitor price action around these zones for potential continuation or profit-taking opportunities.
Important Considerations:
* Economic Data/News: Be aware of any unexpected economic data releases or geopolitical developments that could impact gold prices.
* USD Strength: A sudden surge in USD strength could put temporary pressure on gold.
* Risk Management: Always implement proper risk management strategies, including stop-loss orders, to protect capital.
This is a short-term outlook and market conditions can change rapidly. Stay vigilant and adjust your strategy accordingly.
#Gold #XAUUSD #Forex #Daytrading #Metals #Bullish #TradingView #MarketAnalysis #TechnicalAnalysis #FYP
XAU/USD) Breakout strong bullish trend Read The captionSMC Trading point update
Technical analysis chart of gold (XAUUSD) on the 4-hour timeframe. Here’s a breakdown of the key ideas presented in the chart:
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Key Support/Resistance Zone
A yellow rectangular zone marks a significant support/resistance level.
This level was previously a resistance and has now been flipped into support ("new support level").
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Trend Analysis
Uptrend line (lower diagonal line): Shows support and higher lows forming a bullish structure.
Downtrend lines (upper diagonals): Show past resistance levels being tested.
Strong downtrend line has now been broken, which is bullish.
---
Target Points
Three bullish targets are marked:
1. $3,436.70
2. $3,500.93
3. $3,647.33
These targets seem to be based on:
Breakout above the resistance zone.
Measured move projections from previous impulsive rallies.
---
Technical Indicators
200 EMA (Exponential Moving Average): Currently at $3,261.87, acting as dynamic support.
RSI (Relative Strength Index):
Current RSI is 54.80, indicating neutral momentum.
Previously touched overbought zone (~69), indicating strong recent bullish momentum.
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Arrows
Green arrows mark strong bullish bounce points.
Red arrow marks a rejection from the downtrend line (previous resistance).
Mr SMC Trading point
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Conclusion (Idea Summary)
Price has broken out of consolidation and downtrend resistance.
If the price holds above the yellow support zone and 200 EMA, a bullish continuation is likely.
Targets: $3,436 → $3,501 → $3,647.
Confirmation of breakout and momentum depends on volume and RSI behavior in coming candles.
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pelas support boost 🚀 analysis follow)
What Happens Next? Going short is logical?It seems, we have finished a 5 wave impulse and an ABC zigzag type correction. In wave theory, A-B-C correction which is a Zig-zag type correction takes back the %61.8 lenght of the previous impulse. Please check where the price closed today. EXACTLY 0,618 (%61.8) fibo retracement level of the previous impulse. Therefore, it is not a good idea to go for short if there is not a price close below 3305 in 4hrs chart on Monday.
XAUUSD📉Gold Market Outlook – Bearish Setup in Play
Current Price: 3324.00
Recent price structure and momentum suggest a potential bearish continuation below key resistance levels.
🔍 Technical View:
Price is consistently trading below the 50-period moving average, signaling short-term weakness.
A series of lower highs and lower lows indicate a bearish market structure.
RSI is trending below 50, reflecting fading bullish momentum.
Failure to reclaim the 3355–3345 resistance zone reinforces downside risk.
🔻 Key Levels to Watch:
Resistance Zone: 3355.00 – 3345.00
Sustained trading below this range may open the door to:
3300.00
3284.00
📉 Major Breakdown Scenario:
A 3-day consecutive close below 3384.00 could confirm a structural shift, exposing gold to a deeper sell-off toward 3200.00.
⚠️ Risk Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Trading involves substantial risk and may not be suitable for all investors. Always conduct your own research and use proper risk management.
GOLD → Correction after distribution. Bullish trendFX:XAUUSD is testing the liquidity zone at 3350 and forming a false breakout of resistance within the uptrend. A correction is possible before growth continues.
The fundamental background is quite controversial in the market. In the current situation, the focus is on relations between Russia and Ukraine, especially after the escalation that took place over the weekend. Everyone is watching the ongoing negotiations in Turkey. In addition, we should not forget about the situation with tariffs, which is still quite tense.
Gold has been rallying since the opening of the session and has reached the order block. A false breakout of resistance is forming, which could trigger a correction to the zone of interest. The dollar is hitting support, which could form a local correction before continuing its movement. This could also affect the price of gold, which remains bullish in the market.
Resistance levels: 3350, 3365, 3409
Support levels: 3303, 3264
The price has broken out of consolidation, with resistance tested and liquidity above 3350 realized. Relative to the current level, a correction is possible with the aim of retesting support before continuing to rise.
Best regards, R. Linda!