Possible long on GoldToday is Friday trap day my bias is price will tend to fluctuate between the low and the target price.i want to capitalization on that and take the long setup
USCGC trade ideas
Gold short setup from resistance area for short term only!Hello Traders,
Gold has reached a key historical resistance level and is showing signs of rejection with pin bars on the 2-hour timeframe. This suggests that bullish momentum may be weakening, potentially leading to a pullback. I’m closely watching the current 2-hour candle to see if it closes bearish, ideally engulfing the previous two bullish candles.
Three pin bars formed at the resistance area suggesting that the bullish trend may be weaking for a short term
With the month coming to an end, large investors might start closing their portfolios, which could trigger a 20%-30% pullback on the monthly candle. This aligns with our support level around 3030. For a trading setup, I’ll wait for the current 2-hour candle to close bearish and look for a slight retracement to 3075 as a potential shorting opportunity.
20%-30% retracement may be possible due to investors closing their monthly portfolios
If you find this analysis helpful, a boost would be greatly appreciated! 🚀
XAUUSD:The price of gold has risen strongly once againYesterday's oscillatory price action for market cleansing and the continuous intensification of recent US tariff policies have once again stoked up the global risk sentiment. Coupled with the continuous increase in gold holdings by global physical gold-invested institutional ETFs, the bullish sentiment has propelled the price of gold to climb steadily.
The opening of today's morning session has once again maintained the strong momentum and kept breaking historical records. Currently, in terms of trading strategies, it is advisable to mainly go long on pullbacks. Pay attention to the resistance level near the trend line at around 3080 on the upside. When the price reaches below 3080 for the first time, a short position can be taken.
XAUUSD Trading Strategy:
buy@3050-3055
TP:3070-3080
sell@3075-3080
TP:3055-3050
Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!
Gold's counter draw 3115-18 is still an excellent short spotGold fell after hitting a high of 3135, but failed to stand firm at the 3121 real level. The daily line closed with a long upper shadow, indicating significant selling pressure from above. The current key watershed is in the 3115-3121 area: if the closing price falls below this position, the lower side will test the strong support band of 3085, and the medium-term trend may turn to shock adjustment. Pay attention to the 3115-3118 pullback opportunity, and you can arrange short orders in place. There are two points to note: First, if the price fails to quickly pull back to 3115, it may accelerate downward; second, if it unexpectedly recovers 3115, it is necessary to adjust the strategy. Gold operation suggestions: short in the rebound 3115-3118 area, stop loss 3125, target 3085.
GOLD (XAU/USD) - Double Top & Bearish Breakdown Incoming?📉 GOLD (XAU/USD) - Double Top & Bearish Breakdown Incoming? 📉
Gold has been trading in an ascending channel, but a possible double top pattern is forming near $3,163. The recent breakdown from the midline suggests that sellers are stepping in! 🚨
🔎 Key Observations:
✅ Double Top Rejection: Price failed to break above $3,163, signaling a potential bearish reversal.
✅ Break Below the Channel Midline: A retest of $3,129 could act as a confirmation before further downside.
✅ Bearish Targets: Next support zones lie at $3,083 - $3,005, with potential for deeper correction.
📊 Possible Scenarios:
📌 Bearish Case: If price gets rejected at $3,129, expect further downside towards $3,060 - $3,040.
📌 Bullish Case: If bulls reclaim $3,129, gold might retest highs near $3,163.
⚠️ Watch price action closely! A confirmed breakdown could accelerate selling pressure! 📉
What do you think? Will gold hold, or is a deeper drop coming? Share your thoughts in the comments! 👇🔥
#Gold #XAUUSD #Trading #Forex #DoubleTop #TechnicalAnalysis #PriceAction
Gold-----Buy near 3140, target 3160-3180Gold market analysis:
The international situation is very unstable, the situation in the Middle East, the situation in Russia and Ukraine, plus Trump's trade war, it is difficult for gold to show a weekly decline. The tariffs were released again last night, causing gold to rise strongly. Today's thinking is undoubtedly to continue to be bullish. Today we will first look for structural support to go long. There was a decline in the Asian session, and the daily moving average began to rise. Today, it will be repaired first and then pulled up.
In terms of gold pattern, 3134 is the strong pattern support in the Asian session, and the small support is around 3140. Bulls will play at this position. We estimate that there will be a few pulls in the Asian session today. The range of getting on the train is around 3134-3140. The strong support has reached around 3110. If this position is not broken, it is basically difficult to change the buying trend during the day. In addition, tomorrow is the non-agricultural data, and we estimate that such buying will reach the non-agricultural data.
Support 3134-3140, strong support 3120 and 3110, strong pressure is invisible, small pressure today's high point, the strength and weakness watershed of the market is 3134.
Operation suggestion:
Gold-----Buy near 3140, target 3160-3180
XAUUSD SELL TARGET SUCCESSFUL HITTING READ IN CAPTIONSThis chart shows Gold (XAU/USD) on a 1-hour timeframe, with various key technical levels identified, including order blocks, FVG (Fair Value Gap), and target zones. Here's an analysis based on the chart:
Key Observations:
1. Price Action:
- The price of Gold has been moving in an ascending triangle pattern (denoted by the blue trendlines). Ascending triangles are typically bullish continuation patterns, where the price makes higher lows while encountering resistance at the top. In this case, the price is pushing upwards but facing resistance at around 3,147.84.
- The price recently tested the FVG gap near 3,138.94, suggesting that the market might be filling an imbalance before continuing its movement.
2. FVG (Fair Value Gap):
- The FVG identified between 3,138.94 and 3,147.84 represents an area where the price imbalance exists. In many cases, the market tends to revisit this gap to "fill" it before continuing its direction. The price has already started filling the gap, and traders often look for reversals in these areas.
3. Order Block:- The order block located around 3,163.99 indicates a zone of heavy selling pressure or institutional activity. This is an area where price previously faced rejection, making it a potential resistance zone. It might play a significant role if the price tries to move upward again.
4. Downward Move & Target:
- After filling the FVG, the price has made a sharp downward movement, indicating that the bearish pressure has taken over. The target for this move is set at 3,100, which could be the next area of support. If the price continues its downward trajectory, it may eventually test this target area.
- The target completion at 3,100 was reached, showing a strong bearish reaction after filling the gap.
5. Volume Analysis:
- The volume bars indicate increased selling volume during the downward movement, especially around the time the price hit the FVG gap. This suggests that the market is more willing to sell after filling the gap, signaling strong selling interest.
Potential Scenarios:
1. Bearish Continuation:
Gold 100% ProfitGold failed to hit 3200 and turned to fall. In the early morning, it bottomed out and rebounded under the influence of the news of the implementation of the tariff policy. It continued to rise in the morning and reached the highest level of 3167, with an increase of 62 US dollars from 3105-3167.
However, the market rebounded from the high and fell in the Asian session, and fell sharply in the afternoon, reaching the lowest level of 3116. This continuous decline basically bid farewell to the possibility of continuing to rise today. The watershed was broken in the morning, and there was no hope of breaking the high.
Today's continuous sharp decline is mainly due to the implementation of the tariff policy, buying expectations and selling facts, and the actual implementation of the news. Longs took profits.
The European session may rebound from the low sideways. In the evening, we will focus on the pressure of 3140-3150. If the intraday low of 3116 breaks, it may fall to 3100 again.
The more tests are made, the greater the probability of breaking. There have been three downward tests before. The breaking market will initially turn to short, opening up the space below. Focus on the big non-agricultural data tomorrow Friday.
The current gold price has risen again and again, and it has deviated from the technical structure, and the risk has increased accordingly. The market has repeatedly forced to rise. No one knows where the top is, and there is no previous high for reference. The risk area can be preliminarily judged by the increase. In short, don't be too arrogant, and stability is more important than anything else.
In terms of trading, the overall market of gold yesterday was in line with the expected judgment. The bullish market turned to shock and adjustment, with a range of 3138-3100. In terms of operation, I went short at 3131 in the morning, reduced my position at 3118, took profit at 3110, and earned 21 US dollars; I waited and saw whether it would break above 3138 or below 3100 in the European session; I went short at 3119 in the evening, and went up to 3130 with a light position and added shorts, and finally took profit at 3116-3117, earning a profit of 13 US dollars.
Gold (XAU/USD) Bullish trend Demand Zone –Trend Analysis & ts🔵 Demand Zone (Support Area):
This blue zone represents a strong buying area where buyers are expected to step in.
If the price touches this zone and bounces, it confirms bullish strength.
📉 Trend Line Break:
The previous trendline has been broken ⛔, signaling a possible retest before a move up.
🛑 Stop Loss (Risk Management):
Positioned at 3,108.52 🔴, meaning if the price drops below this, the trade setup becomes invalid.
🎯 Target Point (Take Profit Level):
3,167.77 ✅ is the potential profit zone if the price moves upward from the demand area.
🟠 Expected Price Movement:
The orange dotted line 🔶 suggests a likely move:
1. Price dips into the demand zone (🔵).
2. Bounces back up 🔄.
3. Breaks minor resistance 🟦.
4. Rallies to the target zone 🎯.
Overall, bullish movement 📈 is expected if the demand zone holds! 🚀
Gold trading zones: 03-APRIL-2025Today's Gold trading zones: For educational purposes only. Use at your own risk.
Gold - Looking To Buy Dips In The Short TermH1 - Bullish trend pattern in the form of higher highs, higher lows structure
Strong bullish momentum
Expecting retraces and further continuation higher until the two Fibonacci support zones hold.
If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀
--------------------------------------------------------------------------------------------------------------------
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
"Gold (XAU/USD) Resistance & Support Analysis"This chart represents an analysis of Gold (XAU/USD) price action, focusing on key resistance and support levels. The resistance zone is identified at approximately 3,136.62, where price action has previously struggled to break higher. Meanwhile, the support zone is marked around 3,100.95, acting as a potential area where buyers may step in to prevent further declines.
The chart suggests a potential rejection at the resistance level, leading to a price decline toward the support zone. The projected movement involves price testing the resistance level, forming a possible consolidation or double-top pattern before initiating a downward trend. This scenario aligns with a bearish outlook, where traders may seek confirmation signals, such as bearish candlestick patterns or momentum indicators, before considering short positions.
However, if price action breaks above the resistance level with strong momentum, the bearish outlook may be invalidated, potentially signaling a continuation of the bullish trend. Traders should apply proper risk management strategies, including stop-loss placement above resistance, to mitigate potential losses.
Overall, this technical setup provides a structured approach to analyzing gold price movements, offering traders insights into possible market behavior based on historical price action.
GOLD - 1H UPDATEThere are 2 options on how I think Gold will complete its ‘Ending Diagonal’ pattern of the EW Theory & drop.
Option 1: We see a move higher towards $3,162 - $3,174 as a final LQ grab, before sellers kick in.
Option 2: Sellers kick in from CMP & slowly drag price back down.
Either way, I’m NOT LOOKING TO SELL until a strong confirmation at $3,057.
Gold H1 | Potential bullish bounceGold (XAU/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 3,113.30 which is a pullback support that aligns with the 23.6% Fibonacci retracement.
Stop loss is at 3,087.00 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement.
Take profit is at 3,161.57 which is a level that aligns with the 100.0% Fibonacci projection.
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 (www.fxcm.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 (www.fxcm.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 Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘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 FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TP 2958 coming Now we are 1st weekly top 3148.35 this means we see some corrections move before continuing uptrend this will leads us 2958 support so reasonably good buying area for more 🆙 to 3250$
GOLD: What to do if you Hold a Short position?Gold is rebounding. Pay attention to the resistance above 3020. At present, we can see obvious selling pressure on the 2H chart. MACD has formed a divergence. 2H is a larger period. Its form is short, which means that tomorrow or the day after tomorrow, the market will fall sharply.
In addition, the divergence of MACD is sometimes repaired by shock market. This situation is not uncommon, so when trading, we need to focus on the support.
Judging from the current candlestick chart arrangement, there is support near 3100, followed by the 3096-3088 range. If a larger divergence pattern is to be formed, the price may reach the 3036-3048 range. At that time, there is no need to hesitate too much, just sell it.
sell at 3125 and buy at 3090 goldafter buying gold in my previous analysis and hiting TP,i sold gold in 2 steps 3120-3125 and i will hold them until TP hit...after that i will buy gold for catching wave 5 of 5 of 5!!!so trade wid SL and do money management guys...now sell and then buy....sell at 3120-3130 and buy at 3085-3075 prices in two steps...u will make profit guys
Stay Focus. Gold Hits New Highs: Monthly Close Gains Momentum.The early-session pullback turned out to be another "dip for buying" opportunity in gold's new uptrend. After retreating to a low of 3076, prices broke to new highs again, reaching an exaggerated level of 3112 as of now. The market's long-awaited dream of gold reaching 1000 is now within reach.
Given such a frenzied market right at the week's open, should traders aggressively chase the rally or short it?
First, the daily chart shows three consecutive bullish candles, clearly indicating a strong uptrend. If today's rally holds firmly above 3100, there is still room for further gains—otherwise, the opposite may occur.
On the hourly chart, the morning pullback low serves as today's key support level. If prices retreat again
Buy on dips between 3090-3100, stop loss at 3085, target 3120-3130 (upper resistance not predicted for now).
Gold 30M TF view for buying areas Gold has opened and left FVG and pushed upside to a new high We can see some retracement down side for buying level which i have marked.
GOLD: SELL@3096-3102 TP3083-3078Gold opened higher today, and the price once approached 3100. It will fall back in a short time. It is recommended to sell in the range of 3096-3102, tp3083-3078, sl3107
