Gold Hourly & 4H Analysis UpdateGold CMP 3290
Yesterday on the Hourly chart , Gold gave a Buy Signal at 3257 , and today it rallied up to 3395 — a clear momentum of 138 points . It also gave a fresh breakout on the 4H time frame , indicating strong upward momentum.
Currently, resistance is seen at the 3420 levels .
If Gold breaches 3420 , we could see further upside toward 3450–3465+ levels .
However, failure to breach 3420 may trigger a reversal .
Positional traders can continue to Hold Gold positions with a Stop Loss at 3355 levels
GD1! trade ideas
Price currently Bullish...But will it continue for the week?This is bullish price action i was expecting. Im just now waiting for a solid area for entry. Just have to wait for the killzones and things to line up inside of the killzone. cause outside of the killzones its nothing but chop and impulsive action that can throw you off.
Session Realtime BarJust an idea for better visuals, use 2 of the SessionBar indicator on the chart use the spacing setup with the active bar to the left of the overnight bar in the other indicator...
One indicator for the Active Session Bar: indicating the current session bar.
2nd indicator for the Overnight Session Bar: indicating the overnight session bar.
GOLD Potential ReversalIt appears that we've reached a significant top in the market, with price action showing signs of a potential dump. Liquidity has been taken out at this level, and we are now looking at lower price targets, which align with the lines below, marking new liquidity points. These areas could serve as key support levels as the market tests them for further reaction.
The price structure suggests a possible drop to the target zones around 3,300 / 3,200 & 2970 where we could see renewed buying interest. Stay cautious as we approach these levels, as they may present opportunities for short entries ahead of the market correction.
Keep an eye on the evolving price action for further confirmations.
Multiple markets Monday the gold came to a 382 which means we should be looking for sellers even though there's no real evidence of selling even to this point at 12:30 p.m. on Monday. I have a bias that the smart money is going to drive the gold lower...... but I need more evidence from the sellers. I think there are similar issues with the ES
GOLD LONG IDEA for next week - targeting growth**Direction:** **LONG**
**LONG Targets:**
- **T1 = $3280**
- **T2 = $3320**
**Stop Levels:**
- **S1 = $3220**
- **S2 = $3190**
**Wisdom of Professional Traders:**
This analysis synthesizes insights from thousands of professional traders and market experts, leveraging collective intelligence to identify high-probability trade setups. The wisdom of crowds principle suggests that aggregated market perspectives from experienced professionals often outperform individual forecasts, reducing cognitive biases and highlighting consensus opportunities in Gold.
**Key Insights:**
Gold has continued as a refuge for capital amidst macroeconomic uncertainties, maintaining a strong bullish momentum due to increasing inflationary pressures and global geopolitical tensions. Market experts suggest the Federal Reserve's dovish monetary tone may further fuel demand for Gold, coupled with a weakening US dollar that enhances attractive price levels. The recent trend shows heightened levels of institutional buying, signaling potential for upward movement. Favorable seasonality and demand during market risk cycles enhance its appeal.
Recent supply dynamics, driven by mining constraints and costly extraction levels, contribute to a limited Gold supply market scenario. With central bank reserves gradually accumulating Gold to hedge risks, we anticipate robust demand levels supporting prices. Analysts highlight that hedge funds and sovereign wealth funds show extreme interest towards additional Gold allocation—advising LONG strategies with focus...
Gold Setup: Range or Rip? Here's the PlaybookGold’s been on a tear lately — driven by safe haven demand as real yields soften and global uncertainty lingers.
But here’s where things get interesting...
We’re now watching what could be a textbook head and shoulders pattern start to take shape.
📊 Current Range:
Right now, price is stuck between 3380 and 3280 — and it’s acting like it knows it.
⚡ Possible Scenarios:
🔁 Scenario 1: Range Play
Short near 3380
Long near 3280
Let it ping-pong and catch the edges.
📈 Scenario 2: Breakout Long
Confirmation above 3380
Look for momentum follow-through into 3420+
📉 Scenario 3: Breakdown Short
Break below 3280
Eyes on the 3220s for a potential flush
🧠 The key? Drop to the lower time frames near these zones and wait for clean setups during active sessions — especially NY open or post-data volatility.
💬 How are you playing this? Breakout or bounce? Drop your take 👇
#gold #tradingview #futures #technicalanalysis #metals #xauusd #tradingstrategy #macro
Gold: Will 3,260 Flip From Supply to Springboard?Micro Gold Futures — 30 min chart
BULLISH ABOVE 3,260 | BEARISH BELOW
🗺️ Structure in Focus
Macro bias (4 h/1 D): remains bearish — lower highs & lows since late‑April.
Intraday context: price climbing in a rising channel; buyers defend each channel low since 1 May.
Grey zone 3 255‑3 260:
• 61 %‑78 % Fib retrace of the last leg down
• Breakdown base now acting as supply
• Mid‑channel + intraday VWAP overhead
A decisive H1 close above 3 260 plus a bullish retest flips the bias long toward ≈ 3 280.
🧭 Trade Map
🔴 Base‑case short
• Trigger – bearish reaction inside / below 3 255‑60
• Targets – 3 230, then 3 210 (-27 % Fib extension)
• Invalidation – H1/H4 close > 3 260
🟢 Flip‑bull plan
• Trigger – H1 close above 3 260 and zone holds as support
• Target – 3 280 supply (channel top + prior S/R)
• Invalidation – H1 close back under 3 250
(Risk ≤ 1 % per idea; scale out at interim levels.)
📊 Narrative to Watch
Fed speakers & US data could jolt real yields and gold flow.
Asia session often sets the tone—watch Shanghai physical premium chatter.
Softening DXY gives the upside‑break thesis a tail‑wind.
What’s your play—fade the zone or ride the breakout? Smash the boost 🔥 and follow for live updates!
Not financial advice; just sharing my plan.
Tags: #Gold #XAUUSD #Futures #PriceAction #Fib #TechnicalAnalysis
Trade Plan – MGC (Micro Gold Futures) | Sunday, May 4Trend Bias (Multi-Timeframe Analysis):
• 1W: Bullish – Strong macro uptrend with pullback off all-time highs.
• 1D: Bearish – Lower highs and lower lows forming after topping out at $3,509.
• 4H: Bearish – Clean downtrend continuation forming.
• 1H: Bearish – Price rejected lower highs, now curling down again.
• 15M: Bullish – Short-term bounce from $3,210 low, but corrective in nature.
Trade Setup:
• Direction: Short
• Entry Zone: $3,250 – $3,260
• Price has retraced to a lower-high zone under supply; aligns with hourly resistance.
• Stop Loss: $3,270
• Just above 1H structure and 15M failed high.
• Take Profit: $3,210
• Prior swing low and liquidity zone.
GOLDM ANALYSISTechnical view on Goldm(mcx).
Disclaimer: This does not construe to be an investment advice. Investments/trading are subject to market risks.
All information is a point of view, and is for educational and informational use only.
The author accepts no liability for
any interpretation of articles or comments on this platform being
used for actual investments.
Lows Swept! Now we should get Bullish action on Gold!Waited for price to sweep lows before looking for areas to buy. We got that sweep and its now the end of the week. We have been bearish all week. I'm not sure if it will go full on bullish cause we are in a new month and its Friday. They might just move sideways and wait for next week to push. We will take what we can get.