Gold continued to rise at the opening and broke upward!At present, the 4-hour chart of gold has formed an upward breakout trend. The decline may be over, and it will continue to strengthen! In the intraday, we focus on the 3200-line long-short watershed. Before gold falls further, gold will maintain a bullish trend. In the day, we focus on the recent starting point of 3222 support. If gold wants to go out of a steady upward trend, it will not fall below 3222 in the day. In the short term, we refer to the points above 3222 to arrange long positions! Therefore, in terms of operation, it is recommended to adjust the thinking, go long if it falls back to 3240-3245, or directly chase the rise after breaking through 3270. At present, it has been long at 3243 in the early trading. If there is no more decline, continue to go long! Identify the bulls during the day! On the whole, it is recommended to do more on the callback and short on the rebound in the short-term operation of gold. Focus on the resistance of 3300-3310 in the upper short term, and focus on the support of 3222-3245 in the lower short term.
XAUUSD.P trade ideas
Gold intraday trading strategyGold operation strategy:
1. Go short at 3270-75 when gold rebounds, and cover short at 3388-93 when it rebounds, stop loss at 3397, target at 3230-3235, and continue to hold if it breaks;
2. Go long at 3220-3225 when gold falls back, stop loss at 3214, target at 3265-70, and continue to hold if it breaks;
Today's rebound continues to be short!The logic behind the current rise and fall of gold has changed. The main factors for the previous crazy rise in gold and the decline at 3,500 were the tariff war, which has gradually turned from tension to relaxation. The latest news shows that the two sides are trying to contact each other to prepare for the next round of negotiations.
Later, we should focus on the Federal Reserve. Trump previously asked the Federal Reserve to cut interest rates to reduce the impact of the tariff war on the economy. Powell's resistance once made Trump want to change the chairman of the Federal Reserve. The big non-agricultural data on Friday was better than expected, which means that the time for the Federal Reserve to cut interest rates will be delayed, which is bad for the gold market. Therefore, gold may fall further at the beginning of next week.
On the other hand, after the world's largest gold ETF reduced its positions significantly since the peak of 3,500 on April 22, it has continued to reduce its positions slightly during this period, and there has been no obvious increase in positions, which reflects that gold has further bottoming out.
The daily line on Friday closed with a cross K, following three consecutive negatives. From a technical point of view, it is either a signal of continued decline or a reversal. Combined with the news data and the overall trend, the probability of continued decline is very high.
On the one hand, the rebound strength on the hourly and 4-hour charts is not strong, and the upward continuity is poor. The 100-day moving average is always under pressure to fall, and the trend is still bearish.
On the other hand, the adjustment on the daily and weekly lines has not yet ended, and the indicators show that there is still further decline. Next week, we should focus on the 618 golden section position of 3160. As for whether it can be the bottom position, in addition to the price point, it is also necessary to consider the K-line pattern comprehensively. We will talk about it next week.
Therefore, for gold on Monday, we can rely on the 3264-3268 line of pressure to continue shorting, and the limit of the pullback cannot exceed the 618 position of 3275, which is the watershed. The support below is 3222-3224, and if it breaks, it will hit the low point of 3201-3202, which may not be maintained.
Gold Will be Bullish from a Historic Support LevelHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Bearish and bullish possibility The market created a 4h descending triangle and it broke out and retested but now it seems to be creating an ascending triangle pattern below, if the descending triangle plays out we could see the market reach within the weekly fvg at the 3185 area which will present buying opportunities and if the ascending triangle plays out we could reach the 3387 area, overall we just have to wait and react accordingly
Gold prices continue to riseDuring the North American session, spot gold prices rose close to the $3,400 mark, hitting a recent high, and market analysis showed that gold bulls seemed to have regained control of price movements. Global geopolitical tensions continue to drive demand for safe-haven assets, and the Fed's interest rate decision on Wednesday will be a key factor affecting gold prices. Data shows that market participants currently expect the Fed to keep interest rates unchanged with a probability of 98.1%. As a result, the market's focus has shifted to the Fed's statement and Powell's subsequent press conference. If the Fed takes a more "dovish" stance, suggesting that interest rates may be cut in the near term, it may put pressure on the US dollar and may support higher prices for precious metals. On the other hand, if the Fed expresses its willingness to continue to keep interest rates unchanged, it may have the opposite effect on gold prices, with the US dollar likely to strengthen and gold prices under pressure.
Will the price of gold continue to rise?The pressure position on the 44-hour chart is around 3270-3280, which becomes an important dividing point for intraday short-term trading. In the intraday trading, we focus on the 3200-line long-short watershed. Before gold falls further and breaks through, gold will maintain a bullish trend. In the intraday trading, we focus on the recent starting point of 3222 support. If gold wants to move steadily upward, it will not fall below 3222 in the day. In the short term, we refer to the points above 3222 to arrange long positions! Gold operation strategy: Gold falls back to 3230-3232, stop loss at 3220, target 3260-3270; it is recommended to go short when it touches 3270-3268, stop loss at 3280, target 3240-3230;
Gold update next weekI really wanted to sell at a higher price.
But the selling pressure was very strong, not overcoming the resistance, so I came up with a new strategy to sell gold at a lower price. Do you have any other ideas? Leave a comment.
Limit sell 3255 sl65
Limit sell 3272 sl 82 ( fake break)
Take profit 3178- 3070
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Limit buy 3070
SL 3048.5 TP 3178
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Limit buy 2994- 2982
SL 2972 TP 3090- 3170
move below 3273-3270 zone and wait for reaction from US NF news🔔🔔🔔 Gold news:
➡️ Gold prices are holding modest gains heading into the European session, though bullish conviction remains lacking, and the metal continues to trade below the key $3,265–$3,2703 support-turned-resistance zone. Meanwhile, the US dollar has come under some selling pressure, snapping a three-day winning streak after hitting a three-week high.
➡️ A mix of factors is discouraging traders from making aggressive bullish bets, thereby capping further upside in the precious metal. Investors remain hopeful for easing trade tensions between the United States and China—the world’s two largest economies. This optimism supports a broader risk-on sentiment, which in turn undermines demand for safe-haven assets like gold.
Personal opinion:
➡️ The 3265–3273 zone is a strong resistance zone for gold. A break above this zone would mean the end of the short-term downtrend and vice versa. Therefore, buyers and sellers will be aggressive to secure this zone. Today's US NF news will be a strong driving force for gold prices before the tariff information appears and covers the market.
➡️ Analysis based on resistance - support levels and trend lines combined with EMA to come up with a suitable strategy
Personal Plan:
🔆Price Zone Setup:
👉Buy Gold 3202- 3205
❌SL: 3198 | ✅TP: 3210 - 3215 – 3220
👉Sell Gold 3270 - 3272
❌SL: 3276 | ✅TP: 3266 - 3261 – 3255
FM wishes you a successful trading day 💰💰💰
Bullish Breakout Defies Trade Uncertainty and Global TensionsOANDA:XAUUSD Gold remains firm near $3,333, holding a bullish structure after a breakout above multi-year resistance. While short-term pullbacks persist, geopolitical tensions and a Fed pause continue to support safe-haven demand. Trump's refusal to ease China tariffs dampens trade optimism, further boosting gold's appeal. Key support lies around $3,333 and $3.273.
Resistance : $3,414 , $3,474
Support : $3,333 , $ 3,273
GOLD FOMC Interest Rate Decision (May 7, 2025)
The Federal Reserve held rates steady at 4.25%–4.50%, maintaining its stance since December 2024. The decision reflects heightened uncertainty from escalating U.S.-China trade tensions and mixed economic signals, including stagflation risks (rising unemployment and inflation). Chair Jerome Powell emphasized vigilance toward trade policy impacts but avoided signaling imminent rate cuts, despite market expectations for easing later in 2025.
Geopolitical Conflicts Affecting Gold Prices
U.S.-China Trade War Escalation
New tariffs and retaliatory measures have intensified safe-haven demand for gold. Prices hit record highs in April 2025 (NT$3,518/gram in Taiwan) as investors sought protection from market volatility.
Renewed trade talks (e.g., U.S.-China meetings in Switzerland) caused a brief 1.3% gold price dip on optimism, but analysts project prices to rebound to $3,500–$4,000/oz by late 2025 amid unresolved tensions.
Central Bank Gold Accumulation
Central banks, led by China and Russia, are aggressively stockpiling gold to diversify from USD assets and hedge against sanctions.
Prolonged military tensions continue to drive gold’s role as a crisis hedge. Escalation could push prices higher, while de-escalation might temporarily reduce demand.
Middle East Instability
Conflicts between Iran and Saudi Arabia disrupt global supply chains and energy markets, amplifying gold’s appeal as a safe haven during periods of heightened risk.
Dollar Weakness and Inflation Risks
A declining U.S. Dollar Index (-0.3% on May 7) and tariff-driven inflation fears have bolstered gold’s attractiveness. The Fed’s cautious stance on rate cuts reinforces gold’s appeal in a negative real yield environment.
Gold Price Outlook
Short-term: Prices may face volatility from trade talk progress or Fed policy shifts but remain supported by geopolitical risks and central bank buying.
Long-term: Analysts (e.g., UBS, Bank of America) forecast gold reaching $3,500–$4,000/oz in 2025 due to structural demand, tariff impacts, and unresolved global conflicts.
In summary, gold’s trajectory hinges on geopolitical stability, central bank actions, and Fed policy, with bullish momentum likely to persist amid fragmented global trade and economic uncertainty.
( Gold ) Bearish Reversal Setup via Head and Shoulders Pattern Gold is showing signs of a potential short-term bearish reversal as a clear Head and Shoulders pattern has formed on the 30-minute chart. The price is testing the neckline near 3394, where a breakdown could trigger a move toward the 3330–3320 support zone.
🔍 Technical Analysis:
Pattern: Classic Head and Shoulders, indicating a possible shift in market structure.
Neckline level: Around 3394 – a break below confirms the pattern.
Indicator. Price is testing the lower boundary of the cloud; a clean break through supports the bearish case.
Volume Observation: Decreasing volume on right shoulder, suggesting buying momentum is fading.
Bearish Targets: Projected move based on pattern structure points toward 3330–3320.
🧠 Fundamental Backdrop:
U.S. Dollar Strength: Recent hawkish Fed comments and stronger-than-expected U.S. economic data are boosting the USD, putting pressure on gold prices.
Interest Rate Outlook: Rising yields are reducing gold’s appeal as a non-yielding asset.
Geopolitical Calm: Lack of fresh geopolitical tensions reduces safe-haven demand temporarily.
Inflation Outlook: Stabilizing inflation may also reduce urgency for gold hedging.
💡 Trade Plan:
Short Entry: 3394 (after neckline break confirmation)
Target Zone: 3330–3320
Stop Loss: Above 3410
Risk-Reward Ratio: ~2:1 depending on final entry/exit points
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📌 Note: Wait for confirmation with a strong candle close below the neckline and increased volume before entering the trade. This is not financial advice. Please conduct your own research and manage risk accordingly.
Final Leg of Wave 4 Before Wave 5 RallyGold (XAUUSD) is forming a textbook impulsive Elliott Wave structure on the 1-hour chart.
Wave 3 peaked around 3,131 USD, followed by a corrective Wave 4 currently in progress.
Substructure shows wave (iii) ending at 3,150.57 and an expected wave (iv) bounce capped near 3,228–3,198 USD, followed by a final dip.
The projected Wave 4 termination zone lies within the confluence of:
A key demand area: 3,110–3,000 USD
Rising channel support
1.618 Fib extension of Wave A ≈ 2,982.93 USD
A bullish breakout from this zone would mark the beginning of Wave 5, aiming for new highs above 3,360+ USD.
📉 Short-term Bias:
Expect one more drop to complete Wave 4 within the gray demand zone.
📈 Medium-term Outlook:
Anticipating a strong Wave 5 rally once support holds and price breaks the descending resistance trendline.
🔻 Invalidation:
A break below 2,982 USD would invalidate this count and suggest deeper correction.
#XAUUSD #Gold #ElliottWave #Wave4 #Wave5 #TechnicalAnalysis #TradingStrategy #Forex #ICMarkets #PriceAction #1HourChart #FibLevels #BullishOutlook
Gold 4H Outlook - XAUUSD May 4th🔍 XAUUSD – H4 Outlook (May 4, 2025)
Trend:
🔻 Bearish structure still intact after the lower high at 3533 (ATH) and CHoCH at 3420.
🔹 Price is now ranging below lower high, with weak demand attempts from 3200–3240 zone.
🔸 Order flow bearish unless major BOS above 3320.
🗝 Key H4 Levels & Confluences
🔵 3195–3220 → H4 Demand + EQ + FVG
🧲 Last strong reaction zone pre-rally
🔁 Untapped OB + minor gap
🔄 EMA21 dynamic support below it
🟣 FIBO 61.8% of swing leg (April move)
🔵 3280–3295 → H4 POI (Supply Flip Zone)
📉 Reaction to this zone previously rejected bullish continuation
🧱 Confluence with 4H OB + minor FVG + EQ
⚠ If broken → clean magnet toward 3320
🔺 3315–3325 → Major LH Zone + Liquidity Magnet
💧 Internal liquidity build-up
🟤 If flipped → could induce bullish CHoCH on HTF
🚨 Final decision zone before possible premium push
🔻 3050–3075 → Weekly OB + H4 FVG
⛔ Major HTF demand below current price
🔄 EMA100 crossover area
🧲 Long-term buy interest if macro risk spikes
⚠ Summary:
Gold remains in a bearish HTF context, but is holding at key demand near 3220.
Rejection from 3280–3295 could reinforce bearish continuation.
Break above 3325 flips structure bullish — until then, sellers still in control.
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📌 Important Notice!!!
The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your plan and wait for confirmation before taking action.
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GOLD The U.S. Dollar Index (DXY) has resumed buying and strengthened recently due to several key factors:
Widening Interest Rate Differential and Economic Outperformance
The U.S. economy is growing faster than many other major economies, projected at around 2.7% in 2025, while Europe and Japan face weaker growth and deeper rate cuts by their central banks.
This growth divergence has widened the gap between U.S. 10-year Treasury yields and those of key trading partners to the highest level since 1994, making the dollar more attractive to investors seeking yield.
Delayed Fed Rate Cuts Due to Tariff-Driven Inflation
U.S. tariffs, especially on Chinese goods, are expected to keep inflation elevated, delaying the Federal Reserve’s rate-cut cycle. Higher U.S. interest rates relative to other countries support dollar strength.
The Fed’s cautious stance after the May 7 meeting, holding rates steady and signaling a wait-and-see approach, reinforces the dollar’s yield advantage.
Safe-Haven Demand Amid Geopolitical and Trade Uncertainty
Ongoing geopolitical tensions, trade war fears, and tariff uncertainties drive investors toward the dollar as a safe haven during periods of global uncertainty.
Positive Carry Trades and Positioning
The dollar benefits from carry trades where investors borrow in lower-yielding currencies (yen, euro) to invest in higher-yielding U.S. assets. Long-dollar positioning is not yet saturated, leaving room for further gains.
Technical Support and Market Sentiment
The DXY has found strong technical support near key levels with bullish price action and momentum building, suggesting continued upside potential in the near term.
Summary Table
Widened interest rate differential Higher U.S. yields draw investors
Tariff-driven inflation delays Fed cuts Sustains dollar yield advantage
Safe-haven demand amid uncertainty Boosts dollar as global risk-off asset
Positive carry trades Encourages long-dollar positioning
Technical support near key levels Reinforces bullish momentum
In essence:
The DXY’s resumed buying reflects a combination of strong U.S. economic fundamentals, delayed Fed easing due to tariff inflation, safe-haven flows amid geopolitical risks, and technical factors supporting the dollar’s near-term rally. This momentum is expected to continue into mid-2025 unless global growth stabilizes or the Fed signals more aggressive easing.
Gold update Chart Analysis
Trend: The market is currently in an uptrend with a pullback happening within a bullish flag or channel.
Current Price: Around 3,390.13
Support Zone: Near 3,322.725
Potential Entry: At or just below the current price level after a small dip (as shown by the blue arrow).
Bullish Bias: Based on the continuation pattern and price respecting the upward trendline.
📈 Trade Setup (Buy Position)
Entry: Around 3,390
Stop Loss (SL): Below the recent swing low or channel support → around 3,361
Take Profit (TP): Targeting the projected measured move → around 3,450 - 3,460
This setup gives a decent Risk:Reward ratio, approximately 1:2 or better, depending on the exact entry.
🔁 Summary
Entry: 3,390
SL: 3,361
TP: 3,450 to 3,460
Bias: Bullish continuation after a healthy pullback