XAUUSD trade ideas
GOLD: Will Go Down! Short!
My dear friends,
Today we will analyse GOLD together☺️
The market is at an inflection zone and price has now reached an area around 3,222.40 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move down so we can enter on confirmation, and target the next key level of 3,193.95.Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
Gold Price Action Analysis – 1-Hour ChartThis 1-hour chart of XAU/USD (Gold vs. U.S. Dollar) illustrates recent price action using key technical concepts such as Break of Structure (BOS) and Change of Character (CHoCH). The chart shows a clear downtrend with marked supply and demand zones, trendlines, and potential reversal areas. Price is currently consolidating near a support zone around the 3,190 level, with indications of market indecision. This setup may signal a potential breakout or continuation move, depending on how price reacts to the highlighted zones and trendline resistance.
The rebound in gold prices is for better short selling
After gold fell below 3200 this week, the current trend is as shown in the figure. The end of this wave is tentatively set at around 2900. There may be a rebound during the period, but it is only a rebound. After the news faded, I emphasized that the gold price of 3500 was a top to look at the retracement in my analysis after the 9th of this month. I also gave a short-selling strategy and the staged support position below. Now the support level has been broken one after another, so we can continue to look at the target according to the trend.
The last wave of decline at the short-term level has gone through several shock adjustments along the way. Now the gold price has rebounded again near 3120, and the highest rebound reached 3153. I also gave some people a reminder to continue shorting along the way. Now I will mainly make a brief analysis of the hourly line. After the sharp drop, the gold price must be repaired. One is shock adjustment repair, and the other is rebound repair. Under this extreme decline trend, gold does not have the conditions for a rebound, so I think the rebound here at 3120 is just caused by some short orders choosing to sell for profit, so the market will continue to fall in the future.
Now there are two main positions to focus on above. The first is the previous low point near 3168 during the decline, and the other is the starting point of the last wave near 3156. If the rebound does not cross these two positions, we can continue to see gold testing or even breaking through the recent low of 3120. Pay attention to the step support below near 3088.
Gold V-shaped reversal? How to solve the short order quilt🗞News side:
1.PPI has fallen for three consecutive months
2. Russia-Ukraine talks are ongoing
3. Powell says the era of long-term low interest rates is over
📈Technical aspects:
Gold rebounded from oversold in the European session, hitting a low of 3120 before pulling back and rising. After a second retracement to confirm 3130, it made a V-shaped reversal. Currently, gold is still testing the 3190-3200 resistance line. Before breaking the resistance range, gold may still usher in a second bottom detection
🎁SELL 3190-3200, SL 3210, TP 3170-3160
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD FX:XAUUSD OANDA:XAUUSD
Gold's Rally Resumes (Elliott Wave)Gold's decline to today's low has satisfied the minimum requirements to consider the correction over.
The April to May decline corrected in a double zigzag labeled ((w))-((x))-((y)). There are 3 geometric relationships pointing to today's low as an important bottom.
1. Wave ((y)) was equal to wave ((w)) at today's low, a common wave relationship.
2. Additionally, wave (c) of ((y)) was 61.8% times wave (a) of ((y))...another common wave relationship.
3. Lastly, the previous all-time high from early April clocks in at 3,167...the broken resistance acts as new support holding up prices.
The runway is cleared for gold to take off to new all-time highs again.
In the unexpected event of a decline below today's low, the next cluster of wave relationships appears near 2,950.
Gold fell sharply and rebounded to continue shorting!Gold price must be repaired after a sharp drop. One is shock adjustment repair, and the other is rebound repair. Under this extreme downward trend, gold does not have the conditions for rebound, so the rebound here at 3120 may be caused by some short orders choosing to sell for profit, so the market will continue to fall. Now the upper side mainly focuses on two positions. The first is the previous low point of 3168 during the decline, and the other is the starting point of 3192. If the rebound does not exceed these two positions, we can continue to see gold testing or even breaking the just low point of 3120. The lower step support focuses on 3088. In terms of the short-term operation of gold, it is recommended to short on rebounds and long on callbacks. The upper short-term focus is on the 3170-3192 line of resistance, and the lower short-term focus is on the 3120-3100 line of support.
GOLD → Failed to Break Ressistance and Prepare to FallingYesterday, GOLD attempted to break through the resistance area at 3,246.00 but faced a rejection.
Today, a new resistance zone appears to be forming, indicating a potential shift in momentum toward a bearish trend.
The nearest target is identified at 3,127.00.
Safe trade, best regard
Prafi
Buy opportunityGold (XAUUSD) Intraday Long Setup – Momentum Reversal from Demand Zone
After a sharp sell-off, Gold has found support near the 3144 demand zone, which coincides with a high-volume node on the VPVR and signs of momentum shift on the SQZMOM indicator.
📍 Entry: 3,144.165
🎯 Target: 3,197.515
🛑 Stop Loss: 3,118.736
📊 Risk/Reward Ratio: 2.13
⏱️ Estimated Duration: 12 hours
🔍 Technical Confluence:
High-Volume Support: Strong buyer interest around the 3140–3150 range (visible on VPVR).
Momentum Shift: SQZMOM histogram shows slowing bearish pressure, hinting at a short-term reversal.
Price Action: Bullish engulfing candle forming near session low with volume spike.
Target Zone: Prior resistance near 3,197 is the next supply zone.
XAUUSD - Approaching Major Pullback Zone.The daily chart for Gold Spot / U.S. Dollar (XAUUSD) shows a clear uptrend characterized by higher highs (HH) and higher lows (HL). We've recently seen a significant push to a new higher high, but price action now indicates a potential pullback.
Currently, the price is retracing and approaching what appears to be a **major pullback zone**. This zone is further emphasized as a **weekly Fibonacci retracement level**, suggesting a strong area of potential support.
Traders should watch for price action within this zone for potential bullish reversal signals. A successful hold above this level could indicate a continuation of the overall uptrend. Conversely, a break below this zone could signal a deeper correction.
**Key Points:**
* Established uptrend with HH and HL formations.
* Price currently in a pullback phase.
* Approaching a **major pullback zone**.
* This zone aligns with a **weekly Fibonacci retracement level**, increasing its significance.
* Monitor price action within this zone for potential trading opportunities.
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**Disclaimer:** This analysis is for informational purposes only and should not be considered as financial advice. Always conduct your own thorough research before making any trading decisions.
Gold is at low.Gold is touching the low bound of the trendline! You will question about why this will work? Simple answer-bond interest rate is too high. If this has to control down, dollar has to move down, the gold need to move up. There are two cases that dollar will move down. One case is US want export, so cause dollar to go down. Second case is US market is weak and not pretending to be weak, it will lose attraction and move down. Both cases are true on dollar this time. So, gold will go up in my view!
Gold starts a downward trend? Latest strategy.News focus:
Today, Fed official Waller will give a speech;
Tomorrow, the number of initial jobless claims, producer price index (PPI) and retail sales data will be released;
On Friday, the market will usher in the University of Michigan Consumer Confidence Index report.
Technical analysis:
Gold fell rapidly in the Asian market, then rebounded slightly, and has been in a sideways trend.
I think the recent volatility is more obvious, and there is still uncertainty whether the direction will be quickly completed.
There are large differences in the current price of the short strategy, and it is impossible to make a decisive breakthrough in the short term.
Operation strategy:
Still adhere to the expectation of short-term decline, the rebound will not hinder the final decline expectation, and the strategy of shorting at high points will be maintained in the short term.
You need to pay attention to the key support level of $3160. If the downward trend opens this position, the gold price may test the low position of 3100.
XAU/USD AnalysisPrice Action Analysis | Bearish Order Block & Golden Zone Play
In this analysis, the market is clearly respecting a descending channel, forming lower highs and lower lows. Currently, price action is consolidating near a mid-support level and has yet to reach the next significant demand zone.
Key Zones Highlighted:
• 1HR Bearish Order Block: This area has been marked as a potential reaction zone. I’m waiting for the price to retest this level, where a bearish reaction is expected.
• Bullish Order Block - Golden Zone: This is a strong demand area where previous bullish momentum was initiated. A bounce is highly likely if price reaches this level.
Trade Idea:
• Waiting for the price to push up and test the 1HR bearish OB (marked with the red zone).
• If a valid bearish setup forms there (e.g., rejection wick, bearish engulfing), a short trade targeting the golden zone around $3,206.546 becomes a high-probability setup.
• Stops would ideally go above the OB zone (~$3,281), giving a favorable risk-reward ratio.
This setup is fully structure-based, aligned with price action and smart money concepts. No indicators are used.
GOLD Approaching Key Buy Zone – Massive Bounce Incoming? Gold is currently testing a critical demand zone after a strong retracement from recent highs.
Key Highlights:
Strong Support Zone: Price is sitting right on the demand zone (highlighted in blue), which previously acted as resistance in April and flipped to support in early May.
Trendline Confluence: The ascending trendline from the March lows adds further strength to this zone.
Bullish Risk-to-Reward Setup: Risk is tightly defined below the zone, while the reward stretches back toward the 3,400+ region.
Candle Behavior: Recent candles show indecision (doji-like), hinting at potential exhaustion of sellers.
Trade Idea:
Buy Entry: Around 3,234
Stop Loss: Below 3,150 (just under trendline and demand zone)
Take Profit: 3,440 area (previous high)
This setup offers a solid R:R ratio and aligns with the overall uptrend structure.
Will Gold bounce or break? This level is make-or-break for bulls.
What do you think?
Are you going long or short on XAUUSD?
Do you trust this support zone?
Drop your thoughts below & like if this helped your analysis!
#gold #xauusd #forex #priceaction #technicalanalysis #tradingview #supportandresistance #trendline #bullishsetup #smartmoney #liquidityzone
XAUUAD UPDATE-14-5-2025This chart shows the 1-hour price movement for Gold (XAU/USD) and presents a technical analysis setup. Here’s a breakdown of the key elements:
1. Chart Patterns:
Descending Triangle Pattern: The blue lines form a descending triangle, with lower highs and a relatively flat support near 3,232.
Support Zone (Yellow Box): Between approximately 3,232 and 3,111 — identified as a key demand zone.
Resistance Zone (Top Yellow Box): Around 3,430 — a potential price target if the price breaks out upwards.
2. Trade Setup:
Entry Point: Near the lower support (~3,232).
Take Profit (TP): Around 3,430 — suggested by the red horizontal box.
Stop Loss (SL): Below 3,111 — marked by the green area.
Risk-Reward Ratio: This appears to be favorable (target is wider than the risk).
3. Volume Insight:
Volume bars show decreasing volume during consolidation, which often precedes a breakout.
4. Prediction:
Bullish Breakout Expected: The chart suggests a potential breakout above the descending triangle, targeting the 3,430 zone.