#XAUUSD: Major Update 01/05/2025, Read Description! Gold has dropped over 700 pips since yesterday evening, suggesting further price correction. This is primarily due to strong US dollar data indicating potential correction in DXY Index prices. Additionally, there are speculations that the US has reached out to China for trade talks, although this has not been confirmed. Today and tomorrow are major trading days, with significant news expected to shape gold prices.
For now, you can monitor the prices or take entry if they reach your chosen risk management area. The decision to enter or exit is entirely up to your analysis.
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XAUUSD trade ideas
GOLD NEXT MOVE NEXT WEEK GOLD BIG DOWN GOLD SELL NOW 3230- LIMIT 3240=3250 FIRST TARGET 3200 NEXT TARGET 3180 LONG TARGET 3150 Counter-Analysis to the Bearish Bias
1. Volume Analysis Suggests Demand at Lows
The highlighted "Strong Support" zone around 3,156 shows high buying volume—evidenced by the tall green bars on the volume histogram.
This may indicate accumulation, not preparation for breakdown, contrary to the red arrows implying a strong downward continuation.
2. Oversold Market Conditions
Given the repeated tests of lower support zones without major follow-through, there's a risk of bearish exhaustion.
A reversal pattern (e.g., double bottom or inverse head and shoulders) could form near 3,215 or 3,187.
3. Failed Breakdown Possibility
Price rebounded sharply from the support zone below 3,220, which could be interpreted as a bear trap.
If price closes above the 3,248 resistance level, the market may target the 3,294 and even higher levels, invalidating the bearish roadmap.
4. Ignored Higher Timeframe Context
This chart is on a 1H timeframe, but without a higher timeframe reference (e.g., 4H or Daily), the bias may be misleading.
If the daily chart is bullish or consolidating, this 1H downtrend could just be a retracement.
5. No Confirmation of Breakdown Yet
None of the major support levels (e.g., 3,215 or 3,187) have been broken with high volume and strong candles.
Until a confirmed lower low below 3,156 is printed, this remains a range or consolidation, not a breakdown.
Alternative Bullish Scenario
If price holds above 3,215 and breaks 3,248 with volume, the next target could be:
3,293 (Resistance)
Possibly 3,320 and above (double top region
NFP market, looking for opportunities to short goldFundamentals:
Mainly focus on today's NFP market;
Technical aspects:
Gold rebounded near 3200 and has gradually rebounded to around 3265. This wave of rebound is not surprising. After all, I have been insisting on short-term long gold since yesterday, and I have also gained a good profit. As gold falls and breaks through many key supports, my expectations for the magnitude of this rebound are not high. In the short term, it will first face resistance in the 3270-3275 area, and secondly, it will face resistance in the 3285-3295 area.
Moreover, the rebound and rise of gold before the NFP market is very confusing in itself. It is not ruled out that it is to pave the way for the sharp drop in the NFP market. Once gold falls again, it is likely to fall below 3200 and continue to around 3180.
Trading strategy:
1. Consider shorting gold when it rebounds to 3270-3280, TP: 3240-3230;
2. Consider continuing to short gold when it rebounds to 3280-3290, TP is the same as above.
Up for gold!Hi traders,
Last week gold consolidated and dropped. It looks like the b-wave of the correction was a Triangle and now it's in the last Wave c (blue).
For next week we wait for the finish of the correction (Zigzag) into the Weekly FVG and after that we could trade longs again.
Let's see what price does and react.
Trade idea: Wait for the correction to finish and a change in orderflow to bullish to trade longs again.
If you want to learn more about trading FVG's & liquidity sweeps with wave analysis, please make sure to follow me.
This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.
Don't be emotional, just trade your plan!
Eduwave
It’s the right time to short📌Fundamentals:
This week, the Federal Reserve will hold a rate decision, which is expected to dominate the market this week. In addition, we need to continue to pay attention to news related to the international trade situation.
📊Technical aspects:
The 1-hour moving average begins to turn, so the unilateral decline of gold has temporarily come to an end. However, the rise of gold has reached the key resistance area in the early stage, which is the starting point of the early stage of 3330. It is obviously not appropriate to chase more at this position, so the short-term may begin to adjust, and gold will go short at 3325 first. The market is changing rapidly. If gold breaks upward without stepping back, there will be no opportunity to go long. Then there is no need to chase more gold. Go short first and look at the decline and adjustment. On the whole, the short-term operation strategy of gold today is to go short on rebounds and go long on pullbacks. The short-term focus on the upper resistance of 3328-3330, and the support on the lower side is 3280-3293.
🎯Practical strategy:
Short gold when it rebounds to around 3325-3328, target around 3300-3280.
Buy gold when it falls back to 3280-3295, target around 3325-30.
Will gold rise or fall this week?Last Friday's non-agricultural data had little impact on the market, and gold is still fluctuating around the range. At present, the gold moving average crosses downward in a short position, and is now under pressure from the 3270 line. 3270 is the turning point for gold bulls and bears. The rise in gold will not be easily reversed for the time being unless there is a big news impact.
XAUUSD:Sharing of the Latest Trading StrategyToday, all the trading signals finally yielded profits! Check it!👉👉👉
Today, gold has strongly rallied, breaking through the range-bound trading pattern. It climbed to as high as the level of 3,328 at its peak. However, there has been basically no retracement in the price of gold. Thus, it is highly probable that the safe-haven sentiment will be directly released, after which gold will commence its adjustment. Therefore, it is not appropriate to chase the upward trend at this position. Instead, it is advisable to patiently wait for the opportunity of a pullback from the high level. When there is a rebound to a high position, directly go short on gold!
Trading Strategy:
sell@3330-3320
TP:3300-3280
The signals in the Signature have brought about continuous profits, and accurate signals are shared every day. Hurry up and click to get them!
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GOLD: Short Signal Explained
GOLD
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell GOLD
Entry - 3311.9
Stop - 3324.4
Take - 3287.1
Our Risk - 1%
Start protection of your profits from lower levels
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GOLD JUMPS ON ASIAN OPEN Geopolitical Tensions Fuel Early SurgeGOLD JUMPS ON ASIAN OPEN – Geopolitical Tensions Fuel Early Surge
Gold opened the week with a strong upside move during the Asian session, gaining nearly $30/oz in early trading. The bounce comes amid a weekend full of heightened geopolitical tensions and expectations of increased central bank activity later this week.
🌍 Geopolitical Backdrop:
Rising concerns over Russia–Ukraine and India–Pakistan flare-ups.
No official confirmation from governments yet, but the market is clearly on edge.
Former US President Donald Trump is reportedly pushing for an earlier Fed rate cut.
All eyes now turn to the FOMC meeting this week, with potential policy shifts that could stir further volatility.
These developments have re-ignited safe-haven demand for gold, making this week's opening surge a logical reaction to global uncertainty.
🔍 Key Technical Zones
Resistance levels:
3278 – 3288 – 3301 – 3314
Support levels:
3250 – 3246 – 3238 – 3224 – 3204
🎯 Trade Setups – 06 May 2025
🔵 BUY ZONE: 3246 – 3244
SL: 3240
TPs: 3250 → 3254 → 3258 → 3262 → 3266 → 3270 → 3280
Gold may continue its bullish run into the European session. A clean bounce from this support range could offer a solid risk/reward entry.
🔴 SELL ZONE: 3300 – 3302
SL: 3306
TPs: 3296 → 3292 → 3288 → 3284 → 3280 → 3270
If price rallies into this resistance cluster, look for signs of exhaustion for a potential intraday reversal trade.
⚠️ Weekly Outlook:
The FOMC meeting later this week will be key. A dovish tone may extend gold’s rally, while hawkish surprises could trigger sharp reversals.
Any new geopolitical flashpoints may also accelerate volatility — stay alert to global headlines.
Avoid FOMO — trade the reaction, not the prediction.
📌 Pro Tip: Let price come to your zone. Be patient, wait for confirmation, and manage SL/TP with discipline.
XAUUSD - ANALYSIS👀 Observation:
Hello, everyone! I hope you're doing well. I’d like to share my analysis of XAU-USD (Gold) with you.
Looking at the chart, XAU-USD is currently in a descending triangle pattern. After reaching the top of the triangle, I expect a price decrease. I anticipate that the descending triangle will break downward, and I have two price targets in mind.
📉 Expectation:
Bearish Scenario: After the breakdown of the triangle, my first target is 3245, followed by a potential second target at 3167.
💡 Key Levels to Watch:
Resistance: Top of the descending triangle
Support: Breakout level below the triangle
💬 What are your thoughts on XAU-USD this week? Let me know in the comments!
Trade safe
XAUUSD: Mayali Signals - Premium Insighthe market surged like a tidal wave—swift, unexpected, and bold. But every wave eventually pulls back.
At $3,312, our system triggered a high-conviction SELL, backed by three signals; Overextension beyond psychological barrier $3,310, Exhaustion candlestick with low follow-through, and Divergence from momentum indicators on the 1H frame.
GOLD Formed Bearish Head and Shoulders Pattern🚨 TVC:GOLD Formed Bearish Head and Shoulders Pattern 🚨
TVC:GOLD has formed a bearish head and shoulders pattern and appears to be making a pullback to the neckline before a potential drop. However, if the price breaks out above the right shoulder, the bearish pattern could be invalidated.
📈 Technical Overview:
Pattern: Bearish Head and Shoulders
Neckline: Current pullback area.
Bearish Confirmation: A drop below the neckline could confirm the bearish move.
Invalidation: If the price breaks out above the right shoulder, the bearish pattern may be invalidated.
XAUUSD - Gold Trend Before FOMC!Gold is trading above its EMA200 and EMA50 on the 4-hour timeframe and is trading on its uptrend line. A continued upward move in gold will put it in the supply zone, where it is possible to look for short positions. A downward correction in gold will also open up long positions.
Gold traders endured another turbulent week, marked by the second consecutive decline in prices—once again underscoring the market’s acute sensitivity to economic news and developments.
Adrian Day, CEO of Adrian Day Asset Management, offered a cautiously humorous take on the situation by likening it to the Peggy Lee song that asks, “Is that all there is?” He pointed out that gold has pulled back by over 7% from its recent high in less than two weeks.Although this correction is notable, it hasn’t been deep enough to flush out all short-term traders or weak-handed investors from the market.
Day added that rising fears of a U.S. recession—which typically exert early downward pressure on gold—alongside the possibility of easing U.S.-China trade tensions, may limit investment demand for gold in the short term. Concluding his comments, he maintained a cautious stance, saying that further downside remains likely and that his outlook for the coming week is bearish.
Meanwhile, U.S. President Donald Trump, in a new interview with NBC, addressed several key economic and political issues. He stated that if necessary, the deadline for selling TikTok would be extended, and some tariffs on Chinese goods might become permanent. Nevertheless, he indicated that he is also considering reducing certain tariffs in the future.
Trump emphasized that small businesses do not require additional assistance and that the Federal Reserve should cut interest rates. He confirmed that Jerome Powell will remain Fed Chair through the end of his term in 2026. He also mentioned potential successors for his own position, naming Vance and Rubio as possibilities.
After a week dominated by employment data, the upcoming week will be entirely focused on monetary policy. The centerpiece will be the May FOMC meeting, the Fed’s rate decision, and Jerome Powell’s press conference on Wednesday. While markets broadly expect the Fed to hold rates steady, Powell’s official remarks and answers to press questions—especially following his sharp tone earlier in April—will be under close scrutiny.
It is widely expected that the Federal Reserve will leave its key interest rate unchanged on Wednesday, as policymakers assess how President Trump’s tariffs gradually impact various sectors of the economy. Markets are currently pricing in a potential rate cut starting in July. The Fed’s dual mandate is to maintain low inflation and high employment, and it may face a dilemma if tariffs negatively affect both indicators, as many economists now warn.
Immediately following the Fed meeting, senior policymakers including Barr, Kugler, Waller, and Cook will travel to Iceland to attend the Reykjavik Economic Conference. On Friday, they will participate in panels discussing artificial intelligence, labor market trends, and monetary research—topics that could offer insights into the Fed’s long-term policy direction.
Simultaneously, traders are also awaiting two key reports: the ISM Services Index for May, due today, and weekly jobless claims figures set for release on Thursday. Together, these reports will help complete the picture of the U.S. economy as critical monetary policy decisions approach.