GOLDCFD trade ideas
Maintain price increase, NF will help gold price above 3400⭐️GOLDEN INFORMATION:
He stated that U.S. and Chinese negotiators would soon convene at a yet-to-be-determined location, a development that lifted market sentiment and weighed on gold prices as risk appetite strengthened. This shift occurred despite underwhelming U.S. economic data, which further fueled expectations for a Federal Reserve rate cut later this year.
According to the U.S. Bureau of Labor Statistics, signs of labor market weakness emerged as jobless claims rose, signaling a potential cooling in employment conditions. Meanwhile, the U.S. Bureau of Economic Analysis reported a narrower trade deficit in April, largely attributed to a decline in front-loaded imports ahead of anticipated tariffs.
⭐️Personal comments NOVA:
anxiously awaiting NF news today, there is pressure to weaken the dollar, NF figures that investors are worried about continue to be negative for DXY
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3449- 3451 SL 3456
TP1: $3436
TP2: $3420
TP3: $3405
🔥BUY GOLD zone: $3303- $3301 SL $3296
TP1: $3320
TP2: $3330
TP3: $3340
⭐️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
Analysis of gold price trend next week!Market news:
This week (June 2 to June 6), the spot gold market has become more volatile due to the interweaving of multiple factors. Spot gold prices fell more than 1% on Friday due to the impact of strong US employment data, but still recorded a 0.8% increase for the whole week, showing the game between safe-haven demand and the strengthening of the US dollar. The trade uncertainty caused by Trump's tariff policy, the continued increase in international gold holdings by global central banks, and the tense geopolitical situation provide support for London gold prices, while the solid US employment data pushed up US Treasury yields, weakened the Fed's expectations of rate cuts, and put pressure on international gold prices. The market continues to pay attention to geopolitical risks and trade uncertainties. Silver performed even better, hitting its highest level since 2012, and platinum and palladium also recorded weekly gains. The precious metals market as a whole was driven by speculative funds. The market's uncertainty about the Trump administration's steel and aluminum tariffs and fiscal policies has driven global central banks to increase their gold holdings. And the cautious attitude of Federal Reserve officials towards rate cuts is beneficial to long-term demand for gold. Next week, the US CPI data and the progress of trade negotiations will become the focus of the market. If inflationary pressure rises, it may further push up US bond yields and put pressure on gold prices; if the data is soft, it may rekindle expectations of interest rate cuts, which is good for gold. In addition, the progress of trade negotiations and geopolitical risks such as the conflict between Russia and Ukraine will continue to affect market sentiment.
Technical Review:
From the perspective of this week's market, the high-rise and fall-down trend continued, and the low point was refreshed. The signal that gold is heading towards an extremely weak pattern is getting stronger and stronger, and selling has the capital to pierce 3300. From a technical perspective, on the weekly chart, this week's high-rise and fall closed with an inverted head, and the MACD indicator showed signs of a dead cross downward at a high level. The current pattern is conducive to continued selling! On the daily chart, two consecutive negative lines on the daily chart caused the price to run below the short-term moving average, and led to a downward trend near the 10-day moving average of 3330. The 5-day moving average also followed closely at around 3355. In addition, the upward momentum of other periodic indicators weakened, and the MACD indicator showed a dead cross downward pattern, so the daily chart should tend to be short. However, one thing is worth noting, that is, after the gold price rebounded at 3307 on Friday, the middle track of the Bollinger Band has moved up, which means that the buying defense has been strengthened. Therefore, while the daily line is biased towards selling, we must also pay attention to the strength of the bulls' counterattack.
Next week's analysis:
Next week's operation suggestion is to maintain the idea of selling as the main idea, supplemented by buying at low prices. For the upper resistance, pay attention to the 3328-3330 area first, and then pay attention to the 3345-3350 area. The former is regarded as the key to selling and exploring the low point, or even breaking the middle track of the Bollinger Band at 3295, which is also the low point of this week. The latter is a strong defense for selling in the short-term shock trend! In other words, selling below 3330 can complete the touch of the low point or new low next week in the short term, while selling below 3350 is still expected to test the new low, but the time period will be extended. As for the support below, focus on 3280. It is expected that it will be close to or touched at the beginning of next week, but whether it can break directly needs to be judged according to the actual trend, so it is best to wait for it to touch or break once before taking more. The 1-hour moving average of gold has formed a dead cross downward, so gold still has downward momentum. After the 1-hour high box of gold oscillated, gold finally broke through the box downward, indicating that gold is better sold. Then the bottom of the gold box has now formed resistance, and the short-term 3333 line of gold has formed resistance to gold. If gold is under pressure at 3333 at the beginning of next week, then gold can continue to be sold.
Operation ideas:
Buy short-term gold at 3277-3280, stop loss at 3268, target at 3310-3330;
Sell short-term gold at 3330-3333, stop loss at 3342, target at 3300-3280;
Key points:
First support level: 3300, second support level: 3280, third support level: 3261
First resistance level: 3330, second resistance level: 3348, third resistance level: 3375
XAUUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GOLD - Buy the dips toward the 50% / 61% retracement...the decline from the 22nd of April is in a very clear 3 waves with a perfect 100% retracement. the subsequent rally from the 15th of May is in a clear motive sequence. negative RSI divergence signals that some sort of 5th wave is complete.
the characteristics of this motive rally seems like a wave (i) of V is complete and we are now looking for a drop to complete wave (ii) of V.
buying dips toward the 50% / 61% retracement is my preferred strategy for now.
a rally and daily close above 3400 would invalidate this analysis. keep in mind possible volatility due to upcoming event risk.
Accurately grasp the gold trend analysis next week📰 Impact of news:
1. The geopolitical situation is gradually deteriorating
2. Trump again calls on the Federal Reserve to cut interest rates
📈 Market analysis:
The current weekly moving average support for gold prices is roughly 3250-3260. If 3250-60 can be maintained, then gold may continue to maintain consolidation and wait for an opportunity to choose a trend. If it falls below 3250, then it can directly see the 3200 mark. If 3200 falls below again, then it will see 3100. In the short term, the first focus of the gold price below is 3315. As long as it stays above 3315, gold is still in a bullish trend. Secondly, pay attention to the 3280 line below. If it falls below 3280, the gold price will further test the support of 3260-3250. It is possible that gold will form a head and shoulders top structure on the daily chart next week. It may fall to 3250-60 at the beginning of the week to lure shorts into the market, and then stretch and rebound to around 3350 to form a shoulder position, and finally directly dive down to around 3150.
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 FXOPEN:XAUUSD TVC:GOLD
XAUUSD NFP Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
XAU USD LONG RESULT Gold price was in a minor ascending wedge channel and under an overall bearish major Trendline. But I intended to take the long position to the resistance of the zone and Trendline.
Which price did move as expected just missing my entry before heading to TP.
Better Setups and follow ups😉
_THE_KLASSIC_TRADER_.
Pay close attention to this ☠️
The markets are supposed to open on an upward gap, but according to my analysis, it should be a small downward gap and then the price covers the previous price gap at 3295 and then the bullish party begins with all the power of the global economy.
But I say this from my pulpit. A bullish price gap and very high liquidity at the opening and then the markets calm down for hours and by ten o'clock in the morning on Monday, gold will have covered the previous gap at 3295 and rebounded upwards above the gap or opening price this week.
This and God knows best ❤️
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Gold plunges, what will be the trend next week?From the daily chart:
Since the last round of breaking the triangle convergence oscillation and breaking the trend line, gold has surged to 3400, but the upward momentum is insufficient and it has retreated. The low point of the retreat on Friday happened to be the support level of the previous triangle convergence trend line near 3300. If it falls below, the price will return to the triangle convergence oscillation range, and the gold price may fall further;
From the perspective of gold 1 hour, the MA5-day and 10-day moving averages have formed a dead cross downward, so gold still has downward momentum. After the gold 1-hour high box oscillation, gold finally broke through the box downward, indicating that the gold shorts are better, so the bottom of the gold box has now formed resistance, and the gold short-term resistance to gold has been formed near 3335. If gold is 3335 at the beginning of next week, then gold can continue to be short.
Next week's operation strategy is still around the 3285-3335 range.
Buy gold, there is still potential to hit 3400Gold gradually fell after touching 3403, and the current lowest has fallen to 3364. Has the gold bull market ended? In fact, I think the gold retracement is a good time to buy, and I am not afraid of gold retracement.
From the overall perspective of the day, gold did not fall below the 3360 mark during today's retracement. This area has become the intraday strength and weakness dividing line. As long as gold can stay above 3360, I think gold still has the potential to continue to rebound. Moreover, the tariff issue and geopolitical conflicts have not been effectively resolved, which is still favorable for gold in terms of fundamentals. Moreover, gold has broken through 3400 twice. I think the bull market will not end easily, and there is still the potential to test 3400 again, and it may even rise to the 3410-3420 area.
Trading strategy:
Consider shorting gold in the 3365-3355 area, TP: 3390-3400
"Stealing Gold Profits: XAU/USD Long Setup (Risk-Reward Heist)"🔥 GOLD HEIST ALERT: XAU/USD Breakout Robbery Plan (Long Setup) 🔥
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Based on the 🔥Thief Trading Style🔥 (technical + fundamental analysis), we’re plotting a heist on XAU/USD (GOLD). Follow this master plan for a bullish escape near the high-risk ATR zone. Beware—overbought signals, consolidation traps, and bearish robbers lurk! Take profits fast and treat yourself—you’ve earned it! 🏆💸
📈 ENTRY: THE HEIST BEGINS!
Wait for Resistance Breakout (3400.00) → Then strike!
Buy Stop Orders: Place above Moving Average.
Buy Limit Orders: Use 15M/30M pullbacks (swing lows/highs).
Pro Tip: Set a chart ALERT to catch the breakout live!
🛑 STOP LOSS: DON’T GET CAUGHT!
For Buy Stop Orders: Never set SL before breakout!
Thief’s SL Spot: Recent swing low (4H timeframe).
Adjust SL based on your risk, lot size, and order count.
Rebel Traders: Place SL wherever—but you’ve been warned! 🔥
🏴☠️ TARGET: 3480.00
Scalpers: Long-only! Use trailing SL to lock profits.
Swing Traders: Join the robbery crew for bigger gains.
📊 MARKET CONTEXT:
XAU/USD is neutral but primed for bullish moves 🐂. Watch:
Fundamentals (COT Reports, GeoPolitics, News).
Intermarket Trends & Sentiment.
Positioning & Future Targets (Check our bio0 for analysis linkss!).
⚠️ TRADING ALERTS:
News Releases = High Volatility!
Avoid new trades during major news.
Use Trailing SL to protect open positions.
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GOLD WEEKLYThe latest US labor market data presents a mixed picture for the Federal Reserve's interest rate path and gold prices.
Labor Market Analysis
Average Hourly Earnings (0.4% m/m vs. 0.3% forecast):
Wage growth accelerated, surpassing expectations and the prior month's 0.2%. This raises concerns about persistent inflationary pressures, as higher wages often translate to increased consumer spending and business cost passthroughs.
Non-Farm Employment Change (139K vs. 126K forecast):
Job gains exceeded estimates but fell short of the previous 147K. This suggests moderate labor market resilience without overheating.
Unemployment Rate (4.2% steady):
Stability at this level indicates a balanced labor market, reducing urgency for immediate Fed action.
Fed Policy Implications
The strong wage growth reinforces hawkish concerns about inflation persistence, potentially delaying rate cuts. However, the mixed jobs figure (above forecasts but below prior) and stable unemployment rate give the Fed room to maintain its current 4.25%–4.50% target range. Markets will watch for:
Confirmation of wage-driven inflation in upcoming CPI/PCE reports
Whether job growth stabilizes or continues decelerating
Gold Price Outlook
Short-term pressure: Rising wage inflation reduces expectations for near-term rate cuts, boosting Treasury yields and the dollar. This creates headwinds for gold, which struggles against higher opportunity costs.
Long-term support: If wage growth sustains negative real interest rates (inflation > nominal rates), gold could rebound as a hedge. Current projections suggest real rates may remain negative through 2025.
Key Scenarios
Wage growth persists Delayed rate cuts Downward pressure
Job growth slows sharply Earlier dovish pivot Rally above supply roof
Inflation moderates Status quo Range-bound trading
The Fed will likely maintain rates in June while emphasizing data dependency. Gold's trajectory hinges on whether wage trends validate stagflation fears or show signs of moderation. Traders should monitor July's jobs report and Q2 inflation data for clearer directional bias.
#gold
Can the bulls help gold hit 3400 today?⭐️GOLDEN INFORMATION:
Gold prices surged more than 0.80% on Wednesday during the North American session, buoyed by disappointing U.S. economic data that signaled a slowdown in business activity and softer job growth. XAU/USD climbed to $3,382 after rebounding from a session low of $3,343.
Heightened tensions between the U.S. and China also contributed to bullish momentum in bullion. With uncertainty looming over upcoming trade negotiations between Washington and Beijing, investors sought refuge in safe-haven assets like gold.
Adding to market jitters, President Donald Trump signed an executive order doubling tariffs on steel and aluminum imports—from 25% to 50%—effective June 4. The move came just days ahead of a highly anticipated call between Trump and Chinese President Xi Jinping, further fueling concerns over escalating trade frictions.
⭐️Personal comments NOVA:
Buying power is continuing, will break out strongly in the US trading session
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3435- 3437 SL 3442
TP1: $3420
TP2: $3410
TP3: $3400
🔥BUY GOLD zone: $3344- $3346 SL $3339
TP1: $3355
TP2: $3368
TP3: $3382
⭐️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
XAUUSD: Analysis and Strategy on June 2Technical analysis of gold
Daily chart resistance 3412, support below 3284
Four-hour chart resistance 3400, support below 3322
One-hour chart resistance 3360, support below 3322
Analysis of gold news: Gold prices fell last Friday and the US dollar rose. The market digested the latest news on tariff developments, and a weaker inflation report kept hopes of a US interest rate cut alive. After the federal appeals court temporarily restored Trump's tariffs on Thursday, tariffs may once again influence the market this week. On Tuesday, Federal Reserve Chairman Powell will also give an opening speech at an event, his first speech since meeting with Trump last week. At the same time, several Federal Reserve officials spoke this week. Gold prices may continue to test the middle track of the Bollinger Band near 3300 this week. If geopolitical tensions ease, it is expected to test near 3250.
Gold operation suggestions: From the current trend analysis, the support below focuses on the 3322 level of the four-hour level, and the pressure above focuses on the suppression near the 3412 level of the daily level. The short-term long and short strength dividing line is 3250. If the daily level stabilizes above this position, continue to enter with the trend.
Buy: 3322near SL: 3317
Buy: 3350near SL: 3345