GOLDCFD trade ideas
Lingrid | GOLD Weekly MARKET Update: Price Coiled for Major Move OANDA:XAUUSD has formed an inside bar pattern on the monthly timeframe, creating a high-probability setup for the next major directional move. May's candle sits completely within April's range, with this compression typically preceding explosive moves in either direction. The 4H chart shows a complex corrective structure following multiple failed breakout attempts from the April high around. The recent bounce from support, which is May's low, suggests potential accumulation, though the overall structure remains corrective with descending highs.
Current price sits near the middle of the critical range. A break above May's high at 3,400 could trigger rapid acceleration toward 3,500-3,600, while breakdown below 3,120 would likely target major support around 3,000-3,050. Multiple fake breaks on shorter timeframes suggest accumulated stops on both sides, potentially fueling rapid acceleration once genuine breakout occurs. The A-B-C corrective pattern visible suggests the recent decline may be nearing completion.
The monthly inside bar pattern's resolution will likely determine gold's trajectory through the summer months. A bullish breakout could reignite the broader uptrend toward new highs, while a bearish resolution might trigger a deeper correction that tests major support levels. Either outcome would likely provide substantial trading opportunities for those positioned correctly when the pattern resolves.
The broader fundamental backdrop continues to support gold's long-term bullish case, though short-term technical factors may drive the immediate direction. Central bank policies, geopolitical tensions, and currency debasement concerns provide underlying support, while technical positioning suggests the market is primed for significant movement.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Gold Drops Toward 12-Hour and Daily Support LevelsFollowing the break of the bullish trend on the 8-hour timeframe and a subsequent pullback to the 4-hour resistance zone — confirmed by a breakdown on the 2-hour timeframe — we expect the price to move toward the 12-hour and daily support zone around the 2982 level.
Disclaimer: You are responsible for your own trades. Do not risk more than 2% of your account on a single setup.
Gold Continues to Rise as USD Weakens📊 Market Overview:
Gold prices are rebounding slightly after a pullback from a four-week high. The weakening USD, driven by concerns over US-China trade tensions and upcoming employment data, has bolstered safe-haven demand for gold.
📉 Technical Analysis:
• Key Resistance: $3,365 – $3,377
• Nearest Support: $3,320 – $3,290
• EMA 09: Price is above the 09 EMA, indicating a short-term uptrend.
• RSI: The RSI on the H4 timeframe is at 64.06, suggesting bullish momentum with room before reaching overbought territory
📌 Outlook:
Gold may continue its short-term rise if the USD remains weak and US employment data falls short of expectations.
💡 Suggested Trading Strategy:
SELL XAU/USD at: $3,377
o 🎯 TP: $3,357
o ❌ SL: $3,387
BUY XAU/USD at: $3,290
o 🎯 TP: $3,310
o ❌ SL: $3,280
GOLD – Bullish Momentum Builds Above 3347, Watch 3366 Break#GOLD | Technical Analysis
The price is currently moving around the pivot level at 3347, which is the key to determining the next direction.
Bullish Scenario:
As long as it stabilizes above 3347, and especially breaks 3366, we expect the bullish momentum to continue toward the resistance at 3404, with potential to test 3431 and the key resistance at 3483.
Bearish Scenario:
If the price breaks below 3347, it may lead to a correction down to 3329, and if this level fails, the move could extend toward the support zone around 3265–3245.
Resistance: 3366, 3404, 3431
Support: 3329, 3265, 3245
XAUUSD H4 I Bullish Bounce Off Based on the H4 chart analysis, the price is falling toward our buy entry level at 3327.52 a pullback support.
Our take profit is set at 3381.40, a swing high resistance.
The stop loss is placed at 3274.45, a swing low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Can gold prices continue to rebound?Market news:
Spot gold rose slightly in early Asian trading on Thursday (June 5), currently trading around $3,382/oz. Supported by a weaker dollar and weaker U.S. data, investors are struggling to cope with growing economic and political uncertainty. Against the backdrop of rising risk aversion demand and weak economic data, gold prices rose slightly. At the same time, tensions between major powers, progress in EU-U.S. trade negotiations, and rising market expectations for a Fed rate cut have further ignited enthusiasm in the gold market, and the possibility of London gold prices rising above the 3,400 mark has increased.
The job market is sluggish, some industries are laying off employees, and wage growth is offset by the cost of living. Inflationary pressures continue, and companies plan to raise prices to pass on tariff costs. The Fed said the economic outlook is unclear and it will continue to monitor data to adjust its policies. As a safe-haven asset in times of political and economic uncertainty, gold tends to perform strongly in a low-interest rate environment.
Investors are closely watching the U.S. non-farm payrolls report to be released on Friday, June 6, for clues to the Fed's next move. In addition, we also need to pay attention to the ECB interest rate decision and the changes in the number of initial jobless claims in the United States on this trading day. The market expects the ECB to cut interest rates by 25 basis points. In the medium and long term, it tends to support the international gold price. In addition, continue to pay attention to the international trade situation and speeches by Fed officials.
Technical Review:
Gold successfully bottomed out yesterday, with the lowest point of the day at 3344, which is not much different from the point of 3345 that we disclosed in the morning. The market point is basically in place. The small non-agricultural positives in the evening helped the gold price to rise further. The high point of gold is gradually approaching the pressure level of 3392. In the short term, the gold price is expected to break through the pressure and continue the upward trend!
The technical side of gold maintains the bullish low-multiple thinking. The daily chart price extends the MA5/10/7-day moving average high point upward, and the RSI indicator is hooked upward above the middle axis. The short-term four-hour chart and hourly chart moving average open upward, the Bollinger band opens upward, and the price is running on the upper and middle track of the Bollinger band. The main idea is to buy at a low price and sell at a high price.
Today's analysis:
Recently, the market, tariff trade policies, and geopolitical tensions have been affecting the strength of the US dollar and gold. Although it seems that gold is fluctuating upward for the time being and has not gone out of the space for a unilateral surge, it can be seen from this week's slow rise that gold is still an absolute buying trend. Therefore, no matter how it adjusts, falls back, or fluctuates, it is an opportunity to buy into the warehouse.
How to plan for the future market? I believe everyone has a clear direction in mind. Buying is very strong, just go with the trend. The important thing is the point. The low point below is moving up, which means that if the gold price drops again, the low point will not fall below 3344. Yesterday, the gold Asian and European sessions were in a volatile adjustment trend. After the release of the US session data, the gold price rose from 3350 to the current price of 3385 and then fell back. In terms of short-term operations, since the high point of the Asian session broke, it is still recommended to buy at a low price and focus on bullish operations.
Operation ideas:
Short-term gold 3350-3360 buy, stop loss 3340, target 3380-3400;
Short-term gold 3397-3400 short, stop loss 3408, target 3360-3340;
Key points:
First support level: 3363, second support level: 3350, third support level: 3333
First resistance level: 3388, second resistance level: 3396, third resistance level: 341
Hanzo / Gold 15 Min Path ( Tactical Break Out Zones )🔥 Gold – 15 Min Scalping Analysis (Bearish Setup)
Bias: Waiting For Break Out
Time Frame: 15 Min
Entry Type: Confirmed Entry After Break Out
👌Bullish After Break : 3365.5
Price must break liquidity with high volume to confirm the move.
👌Bearish After Break : 3351.5
Price must break liquidity with high volume to confirm the move.
☄️ Hanzo Protocol: Dual-Direction Entry Intel
➕ Zone Activated: Strategic Reaction from Refined Liquidity Layer
Marked volatility from a high-precision supply/demand zone. System detects potential for both long and short operations.
🩸 Momentum Signature Detected:
Displacement candle confirms directional intent — AI pattern scan active.
— If upward: Bullish momentum burst.
— If downward: Aggressive bearish rejection.
XAU/USD ShortSimple setup.
Gold has performed exceptionally, but faces a likely correction due to an imminent flip from risk-off to risk-on.
Go risk-on while you're still relatively early!
GOLD trades around target of 3,371 USD, positive outlookOANDA:XAUUSD rose significantly, retesting the $3,371 target as weak US economic data and a weaker dollar were the main reasons for the rise in gold prices.
The market is also struggling to cope with growing political and economic uncertainties.
OANDA:XAUUSD recovered from yesterday's session low of $3,343/oz after ISM and ADP reports confirmed a slowdown in the US economy. Meanwhile, US President Donald Trump signed an executive order to increase tariffs on steel and aluminum from 25% to 50%, effective from June 4, escalating trade tensions.
Federal Reserve officials remain cautious on easing policy; markets await initial jobless claims and nonfarm payrolls data for further policy clues.
The first major data release on Wednesday, the ADP jobs report, dubbed the “mini-nonfarm,” showed the number of private jobs created in the United States was the lowest in two years.
Payroll processor ADP reported on Wednesday that private-sector job creation nearly stalled in May, hitting its lowest level in more than two years amid signs of labor market weakness.
Jobs increased by just 37,000 in the month, down from a revised 60,000 in April and below Dow Jones' forecast of 110,000.
This was the lowest monthly job gain since March 2023, according to ADP statistics. Following the ADP private sector jobs report, US President Trump immediately urged Federal Reserve Chairman Powell to cut interest rates in a furious manner.
Trump posted on Truth Social: "ADP data is out!!! Powell, who is 'too late', must cut interest rates now."
Trump's order to double tariffs on steel and aluminum imports has taken effect, and the White House has confirmed rumors that it has asked trading partners to submit their "best offer" by Wednesday to avoid higher tariffs.
Gold is considered a safe haven from political and economic uncertainty and typically performs well in low-interest-rate environments.
This Friday, the US Bureau of Labor Statistics will release its highly anticipated non-farm payrolls data, with markets expecting 125,000 new jobs and the unemployment rate to remain unchanged at 4.2%.
Technical Outlook Analysis OANDA:XAUUSD
Gold continues to hit the first bullish target of note to readers in the past 2 weeks at $3,371, the price point of the 0.236% Fibonacci retracement.
Currently, gold is also trading around this level, with price action above $3,371 opening the door for a new bullish outlook and the next target around $3,400 in the short term.
In terms of momentum, gold still has a lot of room to rise as the RSI is operating above 50 pointing upwards but still far from overbought territory, which should be considered a bullish signal in the coming trading session.
There are no technical factors that suggest the possibility of a decline becoming a specific trend, the declines as long as gold remains within/above the price channel should only be considered as a short-term correction or a buying opportunity. Meanwhile, the nearest support is the confluence of the EMA21 with the 0.382% Fibonacci retracement and the short-term trend is highlighted by the price channel.
Finally, the bullish outlook for gold prices during the day will be highlighted by the following positions.
Support: 3,350 – 3,326 USD
Resistance: 3,400 – 3,435 USD
SELL XAUUSD PRICE 3412 - 3410⚡️
↠↠ Stop Loss 3416
→Take Profit 1 3404
↨
→Take Profit 2 3398
BUY XAUUSD PRICE 3299 - 3301⚡️
↠↠ Stop Loss 3295
→Take Profit 1 3307
↨
→Take Profit 2 3313
GOLD BEARS ARE STRONG HERE|SHORT
GOLD SIGNAL
Trade Direction: short
Entry Level: 3,372.81
Target Level: 3,223.59
Stop Loss: 3,472.30
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 12h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
GOLD 3Days Chart | ViewGold, Silver, Platinum Outlook – Gold Eyes Breakout as Dollar Weakens
- Gold is gaining momentum and approaching a major breakout level near $3,350, supported by a weakening U.S. dollar, rising Treasury yields, and renewed safe-haven demand. A recent U.S. credit downgrade, driven by fiscal concerns, has added pressure on the dollar and boosted interest in hard assets like gold.
- After reclaiming its 20-day moving average, gold climbed to $3,321, showing improving bullish strength. This area is a key confluence of resistance, including the 78.6% Fibonacci retracement and intersecting trendlines. A sustained move above $3,375 would confirm a breakout, likely targeting $3,435 and possibly retesting the all-time high near $3,500.
However, if gold fails to hold above $3,375 and reverses, it could signal a false breakout. In that case, the downside scenario comes into play. Initial support sits around $3,277, and a break below that could see prices drop toward $3,184 (around the 50-day MA). If selling pressure intensifies, the next key level to watch is $3,121, the monthly low and a critical line for maintaining the broader bullish trend.
- Silver is also riding bullish momentum, reclaiming its 50-day moving average at $32.80 and testing resistance at $33.70. A breakout could drive prices toward $34.87, fueled by inflation fears and broad dollar weakness.
- Platinum has surged to a one-year high at $1,075.59, driven by tight supply and a spike in Chinese imports. With no immediate resistance, it is poised to challenge $1,100, supported by strong fundamentals and technicals.
Gold 100% Trading SignalsJudging from the trend of the gold 1-hour chart, the daily level maintains a strong bullish upward pattern. It is recommended to continue to focus on the range low-multiple strategy during the day. The current market is in a stage of shock consolidation, and there is a technical pressure to rise and fall in the short term. In terms of operation, it is recommended to focus on short-term long orders, and focus on the trading logic of following the trend and low-multiple. It is necessary to focus on the upper 3390-3400 resistance range and the lower 3340-3330 support range. Specific strategy Weng Fuhao suggested that you can try long orders when it falls back to the 3348-3353 area.
Operation strategy:
1. It is recommended to go long in the 3348-3353 area of gold, with a stop loss at 3340, and look at 3365-3375 in the short term, with a target of 3400
Gold Drop Fully Expected — Now It's Bulls？This recent decline in gold was well within our expectations. Since Monday, I’ve been highlighting the following:
The 3400 zone is a strong historical resistance, with heavy supply pressure;
A gap remains open at 3289, creating downside risk.
Today's drop is a deep flush of selling pressure near the 3400 zone.
Although the 3289 gap is still unfilled, this move may trigger dip-buying activity, giving bulls some room to work with.
📌 The first rebound resistance is likely near 3343, but because the gap is still a threat, most funds remain cautious. This could result in:
Weaker-than-expected rebounds;
Even possible bull traps followed by renewed downside.
✅ Long strategy reminders:
Keep position size moderate;
Set realistic targets;
Adjust your approach in line with market development.
Stay sharp, stay flexible — profits favor the prepared.
Why I Think Gold Will Sell Today...Technical AnalysisHey Rich Friends,
Happy Tuesday! I wanted to share my Gold analysis and why I think it will sell. This is only a technical analysis so please check the news and cross-reference your own charts. Here is what I am looking at:
- There was a break of structure on H1 and previous support was retested as resistance.
- Bearish confluence on additional time frames: D, H4 and M15
- The stoch is facing down, both lines have crossed below 20, slow line (orange) is above the fast line (blue) which is a bearish confirmation for me.
Additional information:
- I would set sell stops to catch the momentum going down
- I will be setting sell stops and using previous highs as my SL and previous lows as my TPs.
- Focus on closing the gap from last week
Good luck if you decide to take this trade, let me know how it goes.
Peace and Profits,
Cha
XAUUSD M30 I Bullish Bounce Off Based on the M30 chart analysis, the price is falling toward our buy entry level at 3360.09, a pullback support that aligns with the 61.8% Fibonacci retracement.
Our take profit is set at 3385.09, an overlap resistance.
The stop loss is placed at 3344.31, a swing low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
XAUUSD Short idea for todayWe are now in an bearish imbalance in 4H TF and now looking for break of structure on m15 to validate the idea to short as per the chart, still waiting for confirmation in the form of break of structure or 15m imbalance.
Short opportunities on goldIn the small timeframe we see the trend in gold bearish then the formation of a channel that has now been broken and is now doing a pullback in the fibonacci area is predicted to continue its decline again.
Gold long Aiming that 3364 and 3375 region.
Before next week starts.
Next week i think it will fall down.
6/5 Gold Analysis and Trading SignalsGood morning, everyone!
Gold surged above 3380 yesterday but faced strong resistance, pulling back before testing the critical 3400 level. Despite multiple attempts, price failed to break through, highlighting a clear lack of bullish momentum near historical highs.
From a technical perspective, a potential M-top (double top) pattern is forming on the 30-minute chart. If confirmed, we can expect a deeper retracement, with an initial target around 3330, and possibly 3300 in case of further downside. Under this structure, today’s primary trading bias should favor short positions.
That said, if gold breaks above 3400 with strength, the 3416–3438 target zone becomes viable. However, any such breakout is likely to be followed by a pullback. In that scenario, we’ll closely monitor the 3392–3368 support range before executing follow-up trades.
📉 Technical Notes:
Price remains near a historical resistance zone, and buyers are showing hesitancy at these levels;
While yesterday’s Beige Book report provided short-term bullish sentiment, we need to observe whether the Asian and European sessions digest and extend that move.
🗞 Fundamental Outlook:
The key event today is the U.S. Initial Jobless Claims report, which may trigger volatility;
Gold remains supported by risk-aversion flows, but traders should be mindful of potential corrections at elevated levels.
💡 Risk Management Tip:
In such conditions, it is highly recommended to scale into positions with reduced lot size, and use tight risk controls to guard against unexpected reversals.
📌 Trading Recommendations for Today:
Sell near 3423–3436, targeting short-term pullbacks
Buy near 3312–3298, if deeper correction materializes
Pivot levels for tactical trades:
3416 / 3403 / 3392 / 3386 / 3367 / 3352 / 3343 / 3328
Strategy Summary:
Favor short setups on rallies unless 3400 is decisively broken. If support at 3362-3358 fails, expect the bearish trend to gain further momentum.
Gold could hold ahead of the FedUpward pressure from fundamentals and sentiment has been somewhat lower in June so far as trade tension has generally calmed down and stock markets have mostly recovered well from April’s turmoil. Lower volatility is clear from both contracting Bollinger Bands and ATR, which has declined since last month but remains high at around $56.
5 June’s attempt at $3,400 hasn’t been decisively rejected yet, so it’d be quite possible to see the price moving somewhat beyond there intraday in the middle of June, but another vigorous phase of the main uptrend immediately seems less likely. The 100% weekly Fibonacci extension around $3,480 seems like a potentially strong resistance although it’s only been tested once so far on 22 April.
Equally, the area around the equivalent 61.8% Fibo and the 161.8% monthly Fibo extension would probably cap losses unless there’s a strong driver of some sort. That might be a sudden resolution of trade tension or a major hawkish shift by the Fed, both of which seem quite unlikely. Overall, the situation seems to favour short-term traders for now.
This is my personal opinion, not the opinion of Exness. This is not a recommendation to trade.
With bulls and bears in a stalemate, where will gold go?Gold fell under pressure around 3384 in the early trading on Thursday, and then rebounded after falling to 3361. The highest in the European session reached around 3403, and then fell back due to resistance. The US session accelerated its decline, reaching a minimum of 3339, and then rebounded in the late trading, closing in the negative on the daily line. The daily trend continued to fluctuate in a positive and negative cycle. On Thursday, it rose and fell, closed in the negative and fell below the 5-day moving average.
Today, we will focus on the resistance position of 3405. Whether it can break through will determine the strength of the bulls in the future market. The risk of continuous negative daily lines cannot be ruled out. The support below is the key points of 3330 and 3300. The 4-hour fluctuation range is locked at 3385-3335. The fluctuation space in the Asian and European sessions is limited. It is recommended to sell high and buy low. For stable trading, it is recommended to go long in the 3340-3350 area. The overall bullish trend has not changed, and the impact of non-agricultural data is limited. It is expected that gold will most likely rise and fall. Remember not to chase the rise and sell the fall, and wait patiently for opportunities.
Steady trading, precise attack!
