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XAUUSD trade ideas

GOLD → One step away from a bullish trend reversalFX:XAUUSD is emerging from the local corrective channel “flag.” Pre-breakdown consolidation relative to the base of the reversal pattern continues. All eyes are on 3200... Gold is losing ground amid trade optimism and a strong dollar. The price is falling at the start of Wednesday as traders take profits after a rise from weekly lows. Weaker-than-expected US inflation has not justified expectations, but the Fed's refusal to cut rates soon is weighing on the metal. Optimism surrounding new trade agreements between the US and China, the UK, and other countries, as well as hopes for peace talks between Russia and Ukraine, are reducing demand for gold as a safe-haven asset. Technically, the overall situation looks bearish. There is no deep pullback from support, which means pressure from sellers in the market. Consolidation is forming before an attempt to break through the 3200 level. Resistance levels: 3243, 3257, 3269 Support levels: 3222, 3200 If the price continues to consolidate in the current local range and continues to attack support at 3222-3200, then in the short and medium term, we can expect the decline to continue. However, knowing the tricks of MM, the price may form a short squeeze relative to local resistance zones before falling further. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
34
XAU/USD - Trendline Breakout (14.05.2025)The XAU/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position around Trendline Of The Pattern. Target Levels: 1st Resistance – 3321 2nd Resistance – 3364 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
FX:XAUUSDLong
by KABHI_TA_TRADING
43
GOLD Correction Complete - Rally Toward $3,450 AheadOANDA:XAUUSD is trading within a well-defined ascending channel, signaling ongoing bullish momentum. The price has continued to respect the channel structure, printing higher highs and higher lows, a clear sign of an intact uptrend. The recent retracement represents a healthy correction, potentially setting the stage for another bullish leg. Price is now approaching a key support zone, marked by the lower boundary of the channel and a previous demand area. If this zone holds, it may offer a strong re-entry opportunity for buyers. The projected upside target is $3,450, which aligns with both the midline of the ascending channel and a previous resistance level. As long as the price remains above the support zone and the ascending trendline, the bullish scenario remains valid. A break below this level, however, could invalidate the setup and increase the likelihood of a deeper retracement. Always confirm your setups and trade with a proper risk management. Best of luck!
OANDA:XAUUSDLong
by TrendDiva
85
GOLD → Retest resistance before fallingFX:XAUUSD is forming a correction and retesting a strong resistance and liquidity zone within a downtrend. The global trend is one step away from a reversal... Gold stabilized ahead of the release of US inflation data. After falling 3%, gold is holding steady at around $3,200, consolidating against a weaker dollar. Investors are awaiting US CPI data, which could set a new direction. Optimism about the US-China trade agreement, geopolitical détente, and profit-taking on the dollar are holding back the price decline. The market is assessing how inflation data will affect Fed policy and demand for safe-haven assets. Globally, the market doubts that the upward trend will continue, and there are reasons to look for points from which the price could start to fall sharply... Resistance levels: 3269, 3284 Support levels: 3246, 3200, 3167 The news may cause a shake-up, but if there are no surprises, a false breakout of 3260-3270 and consolidation of prices in the selling zone could trigger a decline to 3200-3150. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
22
Lingrid | GOLD Weekly Low False Breakout. Possible LongThe price perfectly fulfilled my previous idea . OANDA:XAUUSD after a steep selloff from the top, OANDA:XAUUSD formed a new lower low just beneath the black support trendline, potentially faking out the weekly low. A bounce has begun, and if momentum holds, the price could reclaim the blue downtrend line, eyeing the $3,290 zone as a bullish target. 📌 Key Levels Support: $3,111.81 Mid-range: $3,171.05 Resistance Target: $3,290.00 ⚠️ Risks Failure to hold above $3,171.05 may signal trend weakness Blue trendline may act as resistance Possible fakeout below support could trap bulls Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDLong
by Lingrid
20
Lingrid | GOLD ABC Complete - REVERSAL SetupThe price perfectly fulfilled my previous idea . OANDA:XAUUSD touched the lower boundary of its descending channel near $3,108 and showed signs of a short-term bounce. The A-B-C correction appears complete, and buyers may attempt a rebound toward the $3,220 level. However, overall market structure remains bearish unless a breakout above the upper trendline confirms reversal. 📌 Key Levels Support: $3,108 Resistance: $3,220 Structure: Descending channel with lower highs and lows ⚠️ Risks Rejection near $3,220 could reinforce bearish control Failure to hold $3,108 opens room toward deeper support Bearish macro pressure from DXY or rate expectations could limit upside potential Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDLong
by Lingrid
22
Lingrid | GOLD Sideways PRICE ACTION after DeclineOANDA:XAUUSD printed a clear breakout below the key upward trendline, invalidating its previous bullish range structure. This opens the door for a potential correction toward the $3,165 support zone as bearish pressure builds. Reclaiming $3,285 would be required to reintroduce bullish momentum. 📌 Key Levels Support level: 3,165 Invalidation level: Above 3,285 Target area: 3,165 and possibly 2,967.73 ⚠️ Risks A recovery above 3,285 may trigger a fakeout reversal Watch for bounce signals at the lower boundary of the channel Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDShort
by Lingrid
23
GOLD → The fight for 3,200 continuesFX:XAUUSD has recovered after a bearish distribution. The price has returned to the range but continues to test the fundamental threshold of 3200. The fundamental background has been gradually improving recently, which is putting pressure on the gold market, increasing the profit-taking ratio and the level of sales. After the resolution of the tariff war, all attention has shifted to the negotiations between Russia and Ukraine, and de-escalation could also reduce economic risks. As well as the escalation of the conflict in the Middle East... Technically, the price is returning to the range after a deep false breakout but is facing strong resistance and pressure from sellers. Further developments depend on the 3200 level, which is of fundamental importance. Resistance levels: 3225, 3236, 3257 Support levels: 3204 - 3200, 3194 The battle for the 3200 area continues, with bulls likely to try to keep the price above 3200, in which case the market may test the 0.5-0.7 Fibonacci zone. However, given the recent improvement in fundamentals, the price may return from these zones of interest to 3200 with the aim of continuing the assault to break through and continue the downtrend. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
11
Gold - New ATH in the making?Overall Market Context This daily timeframe chart of Gold (XAU/USD) reflects a textbook example of a bullish retracement within a broader upward trend. The price has recently pulled back after printing a significant swing high, which is currently the all-time high (ATH). This retracement brings Gold into a high-probability reversal zone, aligning several technical elements that point toward potential bullish continuation. Retracement Into A Confluence Zone Price has retraced into a key technical area defined by the Fibonacci golden pocket (0.618–0.65) and a Fair Value Gap (FVG). The golden pocket is widely regarded as one of the most reactive retracement levels in Fibonacci analysis, where institutional participants often enter or scale into positions. The addition of an FVG overlapping this zone strengthens its importance. An FVG is typically created by an aggressive move that leaves behind inefficient price action or unmitigated imbalances, and in this case, it represents an area where demand previously overwhelmed supply. The combination of the golden pocket and FVG creates a strong demand zone, from which a bullish reaction is expected if the overall macro sentiment remains supportive. Bullish Reaction And Confirmation Price wicked slightly below the FVG, likely triggering liquidity stops resting beneath prior swing lows before showing signs of a strong bounce. This type of price action—known as a liquidity grab or "spring"—is often a precursor to significant reversals when it aligns with higher timeframe bullish order flow. The current bounce from this zone suggests that smart money may have accumulated long positions here. If price continues to hold above this zone, it confirms a successful defense of this key area and increases the probability of bullish continuation. The market is showing signs of shifting from a retracement phase back into an impulsive phase. Break Of Structure And Targeting Buy-Side Liquidity The next key area of interest is the buy-side liquidity resting above the most recent swing high, labeled as the "BSL" (Buy-Side Liquidity). If price breaches this level, it will confirm a break of market structure to the upside and signal a continuation of the overall bullish trend. Such a break would invalidate the idea of deeper retracement and instead align with an impulsive leg that could target the previous ATH—and potentially exceed it. This makes the current zone a critical pivot point in determining whether gold resumes its long-term bullish trajectory. New All-Time High Scenario Should the BSL be breached and momentum maintained, price is likely to head toward printing a new all-time high. From a psychological and technical standpoint, the break of an ATH often leads to price discovery, where resistance is minimal, and price action becomes more volatile and parabolic. Traders and institutions monitoring historical highs often front-run such moves or aggressively participate once confirmed, driving increased volume and volatility. This behavior can lead to rapid upside extension, especially when supported by macroeconomic narratives such as inflation hedging, geopolitical tensions, or declining real yields—all traditionally bullish catalysts for gold.
OANDA:XAUUSDLong
by Louigi_24
56
Gold Market Update: Bulls Still in Control?Gold Market Update: Bulls Still in Control? Gold has been volatile, requiring close attention. Following our previous analysis, gold declined from its last bearish pattern, dropping from 3230 to 3120. However, yesterday it rebounded sharply, surging from 3120 to 3251 despite the absence of any news—an indication that bullish momentum remains strong. The predominant trend is solid, but heavy manipulation and the substantial holdings by central banks and hedge funds continue to prevent a deeper decline. The chances remain high that this movement is part of a bearish correction. While it may look unstable, but another rise could still be possible. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
FX:XAUUSDLong
by KlejdiCuni
27
Lingrid | GOLD Weekly MARKET Outlook: From ATH to Range-BoundOANDA:XAUUSD market is currently in a critical consolidation phase following its all-time high level. The recent price action shows a significant pullback with a close below both the last 4 weeks' low and the previous higher low. This isn't necessarily a reversal but rather a structural shift toward a range-bound market dynamic. The chart clearly illustrates a completed impulse leg that reached the resistance zone, followed by what appears to be developing into a corrective move. The upward trendline that has supported the entire rally from the bottom around 2843 remains intact despite recent weakness. This suggests the longer-term bullish structure hasn't been invalidated yet, though it's currently being tested. The recent break below 3260 is particularly significant as it represents a break of support that had previously acted as a foundation for bullish price action. This suggests a deeper correction may unfold before the next structural move can develop. Fundamentally, this pullback may be attributed to several factors including stabilizing geopolitical tensions, pausing the tariff war, or profit-taking after the substantial run-up. While the gold market has clearly shifted from its parabolic advance to a consolidation phase, the overall structure remains constructive for eventual continuation higher once this correction completes. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDShort
by Lingrid
16
GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between two weighted levels with a gap above at 3236 and a gap below at 3184. We will need to see ema5 cross and lock on either weighted level to determine the next range. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3236 EMA5 CROSS AND LOCK ABOVE 3236 WILL OPEN THE FOLLOWING BULLISH TARGETS 3278 EMA5 CROSS AND LOCK ABOVE 3278 WILL OPEN THE FOLLOWING BULLISH TARGET 3308 EMA5 CROSS AND LOCK ABOVE 3308 WILL OPEN THE FOLLOWING BULLISH TARGET 3343 EMA5 CROSS AND LOCK ABOVE 3343 WILL OPEN THE FOLLOWING BULLISH TARGETS 3373 EMA5 CROSS AND LOCK ABOVE 3373 WILL OPEN THE FOLLOWING BULLISH TARGETS 3418 BEARISH TARGETS 3184 EMA5 CROSS AND LOCK BELOW 3184 WILL OPEN THE FOLLOWING BEARISH TARGET 3146 EMA5 CROSS AND LOCK BELOW 3146 WILL OPEN THE SWING RANGE 3103 3069 EMA5 CROSS AND LOCK BELOW 3069 WILL OPEN THE SECONDARY SWING RANGE 3030 2981 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
14
GOLD → Correction ahead of news. Will the decline resume?FX:XAUUSD has been buying back all the losses from the Asian and Pacific sessions since the opening of the European session, but this looks more like a catapult being loaded... GOLD broke through the global consolidation base of 3200, which only confirmed the bearish market structure. Investors are waiting for PPI and retail sales data in the US, as well as Fed Chair Powell's speech. Expectations of fewer Fed rate cuts and optimism surrounding trade talks with China and South Korea continue to weigh on gold. However, weak macro data and a growing US budget deficit could revive interest in this safe-haven asset. GOLD is in a correction phase and is heading towards the zone of interest: the liquidity zone and previously broken support of global consolidation. Resistance levels: 3187-3190, 3200 Support levels: 3123, 3100 Gold may test the indicated resistance, but based on the nature of the market, this situation may end in a false breakout and a fall. Target 3123 - 3100. However, unpredictable data may temporarily change the market, which could lead to momentum towards 3220-3230. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
13
XAUUSD[GOLD]; Is it the beginning of the major correction? XAUUSD dropped from 3265$ to 3127$, as predicted in our previous analysis. However, after touching 3127$, the price has retraced slightly and is currently trading at 3178$. In our opinion, the price can go up to $3220 maximum and reject at that level. We need to wait and see how prices behave. Another possible entry point is at 3178$, which is the current trading price. We believe this region is good for selling because the price has struggled to break through it. Please use a proper trading plan while trading gold. As always, this analysis doesn’t guarantee that price will move as described in the chart. Please use your own knowledge and trading plan while trading gold. Good luck and trade safely. Want to support us? Do the following ❤️ -LIKE THE IDEA -COMMENT YOUR VIEW -SHARE IF YOU AGREE Much love ❤️ Team Setupsfx_
OANDA:XAUUSDShort
by Setupsfx_
21
XAU/USD..4h chart pattern ..I'm planning a short (sell) trade on gold with the current price at **3254** and resistance at **3282**. Here's a breakdown of your sell targets: ### **Trade Plan: GOLD SELL** - **Current Position:** 3254 - **Resistance Level:** 3282 (Stop Loss could be placed above this level, e.g., 3300-3315) - **Targets:** - **1st Target:** 3210 **(440 pips)** - **2nd Target:** 3152 **(1020 pips total)** - **3rd Target:** 3082 **(1720 pips total)** - **4th Target:** 2967 **(2870 pips total)** ### **Risk Management Suggestions:** 1. **Stop Loss (SL):** - Ideally above resistance (e.g., 3285-3290). - Risk-reward ratio improves if SL is tight (e.g., 30-40 pips for the first target). 2. **Partial Profit Booking:** - Consider closing part of the position at 3210 (1st target) to lock in profits. - Trail SL to breakeven or adjust as price moves in your favor. 3. **Market Conditions:** - If gold breaks above 3282, the bearish setup may be invalidated. - Watch for price action near resistance (rejection candles for confirmation). Would you like help with entry timing or technical confirmation signals? 🚀
FOREXCOM:XAUUSDShort
by Algo_Trading_Mql5
28
GOLD → Retest of trend resistance before declineFX:XAUUSD is recovering amid uncertainty, but there is a fairly strong resistance zone ahead that could hold back growth and trigger a decline... Since the opening of the session, the price has recovered slightly after a week-long decline. Growth is being held back by two-sided risks: on the one hand, pressure on the dollar and Moody's downgrade of the US credit rating are supporting the metal, while on the other hand, high bond yields and possible US trade agreements are limiting growth. Investors are awaiting new statements from the Fed and are monitoring US negotiations with key partners. Amid concerns about fiscal stability and weak economic data, gold may remain in positive territory, but positive trade news could turn it down again. Resistance levels: 3257, 3265 Support levels: 3206, 3153 A false breakout of the specified resistance will confirm the inability to continue growth. Consolidation after a false breakout of 3257 - 3265 below 3257 could trigger a reversal and a fall to areas of interest... Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
9
Gold - $3160 before the next move up?Introduction Gold is currently exhibiting interesting price behavior across multiple timeframes, reflecting a mix of short-term bullishness within a broader context of consolidation. On the one-hour chart, gold is trading within a well-defined rising channel, suggesting a controlled upward correction following a strong impulsive move downward. This upward movement appears to be a retracement rather than a full reversal, especially when analyzed in conjunction with the higher timeframes. Daily tight range Zooming out, gold remains range-bound between the key levels of $3,500 and $3,200. The market has been oscillating within this wide horizontal band, making relatively equal highs and lows. This type of price action typically signals indecision or accumulation, where neither buyers nor sellers are firmly in control. Such a range can often precede a more decisive move in either direction once a breakout occurs. Until then, the market remains reactive to both support and resistance zones within this range. Latest Gold sell-off Yesterday’s trading session introduced a notable shift in momentum, as gold posted a large bearish candle on the one-hour chart, marking a sudden and aggressive sell-off. This move established a short-term bearish impulse. Since that moment, however, the price has been gradually recovering, climbing back within the confines of the rising channel. This rebound appears corrective in nature and has yet to reclaim the previous levels before the sell-off. Above the current price action lies a one-hour Fair Value Gap (FVG), which could be an area of interest for liquidity hunters. Should gold manage to break out to the upside of the channel, it is quite possible that price action will aim to fill this FVG, which sits around the $3,300 level. This could represent a short-term bullish target before any potential continuation lower. Bearish scenario On the flip side, the more compelling scenario from a technical standpoint lies on the downside. If gold fails to sustain its upward trajectory and breaks below the lower boundary of the rising channel, the probability of a move toward the strong support level at $3,160 increases significantly. This level is particularly noteworthy because it aligns with multiple technical confluences. It represents a historical support area where price has previously reacted strongly, and it coincides with the so-called “golden pocket” of the Fibonacci retracement, typically considered a high-probability reversal zone by many traders. The presence of this confluence suggests that a breakdown could trigger a swift move toward this level, possibly attracting buyers once again if the support holds. Bullish scenario While the potential to move higher toward the $3,300 region and fill the FVG remains valid, especially if the current bullish momentum within the channel continues, it is, in my view, the less probable scenario. The recent sharp downward candle suggests that sellers have established control in the short term, and the current upward movement may simply be a retracement before a continuation lower. Conclusion In conclusion, the most likely and technically supported path for gold appears to be a breakdown from the rising channel, followed by a decline toward the $3,160 support level. This zone, bolstered by historical significance and Fibonacci confluence, presents a strong target for price if bearish momentum resumes. While a temporary push toward $3,300 is possible, especially to fill the FVG, it should be seen as a lower-probability scenario compared to the downside risk currently unfolding. Thanks for your support. - Make sure to follow me so you don't miss out on the next analysis! - Drop a like and leave a comment!
OANDA:XAUUSDShort
by Youriverse
39
XAUUSD Bearish Setup with Key Entry, Stop Loss & Target LevelsEA GOLD MAN XAUUSD Entry Point: $3,235.94 Stop Loss: $3,235.94 (above current price, suggesting a SELL trade) Target Points: EA Target Point (Downside): $2,974.71 (Short target) EA Target Point (Upside): $3,505.03 (Long target — likely alternate scenario) Resistance Level: $3,121.49 Nearby Support Zone: Around $3,000–$2,975 📉 Trade Strategy Implied This appears to be a short position setup: Sell at: ~$3,220–$3,235 Stop Loss: $3,235.94 Take Profit: $2,974.71 Risk/Reward Ratio: ~1:3 (very favorable setup if thesis holds) The upside target ($3,505.03) might be for a different scenario — if price reverses and breaks above resistance. 🧠 Market Structure Observations Trend: A bearish break from a previous ascending channel. Momentum: Price has bounced slightly after hitting support, but the moving averages suggest bearish momentum may persist. Key Risk: If price breaks above $3,236 convincingly, it could invalidate the short setup and trigger a bullish run. 📌 Summary Bias: Bearish (based on current setup) Setup: Short with tight stop above resistance Confirmation Needed: Watch for rejection at the $3,220–$3,236 zone and a breakdown below $3,200 for follow-through.
CAPITALCOM:GOLD
by EA_GOLD_MAN_COPY_TRADE
32
GOLD ROUTE MAP UPDATEHey Everyone, After completing the bearish targets yesterday, confirmed by the EMA-5 cross and lock, we continued to buy dips. We noted that the swing range was active, but the full swing hadn't played out yet. Today, that full swing completed, reaching 3254, marking a perfect move within the expected range. Now, the price is likely to fluctuate between 3233/3201lower Goldturns and 3254 as the upper Goldturn. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3341 EMA5 CROSS AND LOCK ABOVE 3341 WILL OPEN THE FOLLOWING BULLISH TARGETS 3372 EMA5 CROSS AND LOCK ABOVE 3372 WILL OPEN THE FOLLOWING BULLISH TARGET 3414 EMA5 CROSS AND LOCK ABOVE 3414 WILL OPEN THE FOLLOWING BULLISH TARGET 3447 EMA5 CROSS AND LOCK ABOVE 3447 WILL OPEN THE FOLLOWING BULLISH TARGETS 3478 EMA5 CROSS AND LOCK ABOVE 3478 WILL OPEN THE FOLLOWING BULLISH TARGETS 3502 POTENTIALLY 3525 BEARISH TARGETS 3307 - DONE EMA5 CROSS AND LOCK BELOW 3307 WILL OPEN THE RETRACEMENT RANGE 3281 - DONE 3254 - DONE EMA5 CROSS AND LOCK BELOW 3254 WILL OPEN THE SWING RNGE (SWING ACTION COMPLETE) 3233 - DONE 3201 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
8
XAUUSD TRADE Entry from Support with Targets at 3,347 and 3,503Entry Point: 3,219.45 Stop Loss: 3,171.35 Target Point One: 3,347.49 EA Target Point (Final Target): 3,503.87 Trade Plan: Risk Zone: Between entry (3,219.45) and stop loss (3,171.35). The trader risks roughly 48.1 points. Reward Zone: From entry to: Target Point One: ~128 points. Final Target (EA Target): ~284.4 points. Risk-Reward Ratios: To Target Point One: ~2.66:1 To EA Target Point: ~5.9:1 Indicators and Signals: Price appears to be bouncing off a support zone near 3,212–3,219, indicating a potential reversal. 200 EMA (blue) and 50 EMA (red) are shown; price is slightly above the 200 EMA, suggesting long-term support. There is a downtrend before the bounce, so this might be a counter-trend trade or the start of a new trend. Summary: This setup is a classic bounce from a demand/support zone with a clear upside potential. The risk is tightly managed, and the reward is significantly higher, aligning with favorable risk-reward principles. However, the position is speculative and relies on bullish follow-through from the support level. Watch price behavior near the 3,288 and 3,347 resistance zones to assess momentum.
CAPITALCOM:GOLDLong
by EA_GOLD_MAN_COPY_TRADE
37
XAU/USD) back up Trand analysis Read The ChaptianSMC Trading point update Technical analysis for XAU/USD (Gold vs. US Dollar) on the 4-hour timeframe suggests a bullish reversal setup from a key support zone. Here's a breakdown of the idea: Key Observations: 1. Support Zone (Yellow Box at ~3,100–3,140): The price recently touched a significant support area marked by multiple previous bounces (green arrows). The latest green arrow shows a bullish reaction from this zone, indicating potential for an upward move. 2. Resistance Zone (~3,220–3,250): This intermediate zone is expected to be the first area of interest for bulls. The analysis suggests a brief pullback or consolidation before continuation. 3. Target Point (~3,375): The chart outlines a projected move to around 3,375, aligning with a previous supply zone and the upper channel line. This is likely the main target for a swing trade. 4. EMA 200 (Blue Line - ~3,221): Price is hovering around the 200 EMA, acting as a dynamic resistance. A breakout above this would add bullish confirmation. 5. RSI Indicator (~41): RSI is recovering from an oversold region (~38), indicating potential momentum building for a reversal. Mr SMC Trading point --- Conclusion: This is a bullish reversal setup with: Entry zone: Around 3,120–3,140 Short-term resistance: ~3,220–3,250 Final target: ~3,375 Invalidation: A clear break and close below the yellow support box (~3,100) Pales support boost 🚀 analysis follow)
FX:XAUUSDLong
by SMC-Trading-Point
23
#XAUUSD: +2000 Pips Correction US-China Trade Deal ConfirmedGold has experienced a significant decline in recent days, primarily due to fundamental market factors that have caused its price to fall from 3430 to 3209, resulting in a loss of approximately 2210 pips. Consequently, we recommend that you consider selling Gold if it aligns with your analysis and assessment. It is imperative that you implement strict risk management measures while trading Gold. It is important to note that this analysis does not guarantee a price decline or that the market will behave as described. Therefore, we strongly advise you to conduct thorough trade planning before making any trading decisions. We extend our sincere gratitude for your unwavering support over the years. Our primary objective is to assist you in making well-informed decisions. Therefore, we encourage you to contact us if you have any inquiries or require further information. Additionally, we would be delighted to receive your insights on which cryptocurrency pair you would like to explore next. Please do not hesitate to share your preferences. Best regards, Team Setupsfx_
OANDA:XAUUSDShort
by Setupsfx_
21