todays position on goldwe can long it from our area by maximum 80 pips sl and 400 pips tp by 2% risk of our balance
in 50% of our sl we can enter double volume for more r/r
in r/r 1 we should close 50% of our position or risk free it
XAUUSD trade ideas
XAUUSD Gold is currently hovering around 0.382 support area we can take entry at 3357 with Sl of 3270 and TP at 3444
Daily Analysis: 04‑06‑2025
Spot gold closed yesterday with a 0.8% decline, settling at 3,353, pressured by profit-taking. On the same day, the World Gold Council released data showing that central bank net purchases of gold in April totaled only 12 tons—below both March figures and the 12-month average.
On the other hand, reports indicate that several central banks in Africa are preparing to add gold to their reserves. In the broader market, investor focus is now on the highly anticipated meeting between U.S. President Trump and Chinese President Xi Jinping later this week.
Today, attention turns to the U.S. ADP Non-Farm Employment data release.
Technical Outlook:
If the upward trend resumes, price targets are seen at 3,380 and 3,400. In the event of a pullback, support levels are located at 3,331 and 3,291.
XAUUSD (gold) 15-minute chartKey Points:
✅ Resistance:
The resistance area is being tested multiple times, but there's no confirmed breakout yet.
✅ Support:
The support area is holding the price for now, with buyers stepping in every time the price drops near it.
✅ Triangle:
Price is consolidating inside a symmetrical triangle, which usually precedes a breakout — but the direction is still uncertain.
✅ Risk:
Trading before a confirmed breakout is risky, as fakeouts (false breakouts) can trap traders. So it’s better to wait for a clear direction.
💡 Trade Setup:
🕒 Avoid entering trades until there's a confirmed breakout.
📉 If the candle closes below the support line with confirmation, it could be a sell signal.
📈 If the candle closes above the resistance line with confirmation, it could be a buy signal.
⏳ Until then, be patient and let the market decide the direction.
XAU/USD 04 June 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 23 April 2025
Price has now printed a bearish CHoCH according to my analysis yesterday.
Price is now trading within an established internal range.
Intraday Expectation:
Price to trade down to either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high priced at 3,500.200.
Note:
The Federal Reserve’s sustained dovish stance, coupled with ongoing geopolitical uncertainties, is likely to prolong heightened volatility in the gold market. Given this elevated risk environment, traders should exercise caution and recalibrate risk management strategies to navigate potential price fluctuations effectively.
Additionally, gold pricing remains sensitive to broader macroeconomic developments, including policy decisions under President Trump. Shifts in geopolitical strategy and economic directives could further amplify uncertainty, contributing to market repricing dynamics.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Analysis and bias remains the same as analysis dated 22 May 2025.
In my analysis from 12 May 2025, I noted that price had yet to target the weak internal high, including on the H4 timeframe. This aligns with the ongoing corrective bearish pullback across higher timeframes, so a bearish internal Break of Structure (iBOS) was a likely outcome.
As anticipated, price targeted strong internal low, confirming a bearish iBOS.
Price has remained within the internal range for an extended period and has yet to target the weak internal low. A contributing factor could be the bullish nature of the H4 timeframe's internal range, which has reacted from a discounted level at 50% of the internal equilibrium (EQ).
Intraday Expectation:
Technically price to continue bullish, react at either premium of internal 50% EQ or M15 demand zone before targeting weak internal low priced at 3,120.765.
Alternative scenario:
Price can be seen to be reacting at discount of 50% EQ on H4 timeframe, therefore, it is a viable alternative that price could potentially print a bullish iBOS on M15 timeframe.
Note:
Gold remains highly volatile amid the Federal Reserve's continued dovish stance and persistent geopolitical uncertainties. Traders should implement robust risk management strategies and remain vigilant, as price swings may become more pronounced in this elevated volatility environment.
Additionally, President Trump’s recent tariff announcements are expected to further amplify market turbulence, potentially triggering sharp price fluctuations and whipsaws.
M15 Chart:
#xauusd #elliottwave short sell setup wave 4 4Jun25This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
GOLD 1. Gold and 10-Year Bond Yield
Gold and 10-year Treasury yields generally exhibit a strong inverse correlation. When bond yields rise, gold prices tend to fall, and vice versa.
This is primarily because higher yields increase the opportunity cost of holding gold, which does not pay interest or dividends. Investors prefer bonds when yields rise, reducing gold demand.
However, the key driver for gold is real interest rates (nominal yield minus inflation). Even if nominal yields rise, if inflation rises faster, real yields can remain low or negative, which supports gold prices.
Historical data shows gold often rises during periods of falling real yields, even if nominal yields fluctuate.
2. Gold and Dollar Index (DXY)
Gold and the US dollar index (DXY) usually have an inverse relationship.
A stronger dollar makes gold more expensive in other currencies, reducing demand and lowering prices. Conversely, a weaker dollar supports gold by making it cheaper internationally.
However, during times of geopolitical uncertainty or market stress, both gold and the dollar can rise together as safe havens.
3. Interest Rates and Gold
Central bank interest rates influence bond yields and the dollar, indirectly affecting gold.
Rising interest rates tend to push bond yields higher and strengthen the dollar, both of which typically pressure gold prices.
Conversely, expectations of rate cuts or dovish monetary policy lower yields and weaken the dollar, supporting gold.
The real interest rate is the most important factor: low or negative real rates reduce the opportunity cost of holding gold, boosting its appeal.
4. Summary of Interactions
Factor Relationship with Gold Explanation
10-Year Bond Yield Inverse Higher yields raise opportunity cost, reducing gold demand
Real Interest Rate Inverse Negative or low real rates support gold
Dollar Index (DXY) Inverse Strong dollar makes gold more expensive globally
Nominal Interest Rate Inverse Higher rates strengthen dollar and yields, pressuring gold
Conclusion
Gold prices are strongly influenced by the interplay of real interest rates, bond yields, and the US dollar. Rising nominal yields and a strong dollar generally weigh on gold, but if inflation outpaces yields, resulting in low or negative real rates, gold remains attractive as a hedge. This dynamic explains gold’s resilience despite fluctuating bond yields and dollar strength in 2025.
#GOLD #DOLLAR
XAU/USD Bearish Rejection at Resistance – Potential Drop Ahead!XAU/USD Bearish Rejection at Resistance – Potential Drop Ahead! 💥
🔍 Technical Analysis:
Instrument: Gold vs US Dollar (XAU/USD)
Timeframe: Daily
Current Price: $3,363.26
Resistance Zone: $3,380 – $3,470
Support Zone: $2,970 – $3,100
🧠 Market Context:
Gold has recently approached a well-defined resistance zone near the $3,380–$3,470 range. Price action shows multiple rejection wicks and failed attempts to break above this level, indicating strong selling pressure from bears. 🐻
The current candlestick structure suggests the market is printing lower highs, which may indicate a transition from a consolidation phase into a potential bearish trend.
📉 Projection:
The chart projects a move down toward the support zone, around $2,970–$3,100, possibly due to:
Repeated rejections at the resistance zone 🔄
Lack of bullish momentum near highs ⚠️
Bearish engulfing or reversal candlestick formations 🔻
✅ Key Levels to Watch:
Level Type Price Zone Action
🔴 Resistance $3,380 – $3,470 Strong rejection expected
🟢 Support $2,970 – $3,100 Major demand zone; potential bounce
🧭 Trading Outlook:
⚠️ If price fails to break above the resistance zone, short opportunities may develop with a target near the support zone. A confirmed break and close below $3,300 would strengthen bearish sentiment.
📌 Bearish Bias Maintained Until Resistance Breaks
Today's gold price: 3330-3340 continue to go longToday's gold price: 3330-3340 continue to go long
Market core driving logic
Risk aversion continues
US steel tariffs rise from 25% to 50%, trade frictions heat up
Ukraine-Russia negotiations break down, geopolitical risks remain
The widening fiscal deficit has caused concerns about the credit of the US dollar
Federal Reserve policy supports gold prices
Officials such as Waller and Goolsbee have clearly released signals of two interest rate cuts this year
New tariffs push up inflation, but do not affect the path of interest rate cuts (policy focus shifts to economic stability)
Technical pattern highlights (4-hour cycle)
The bullish structure is not broken: the intraday correction did not fall below the previous high of 3325, and it is still a normal correction after the breakthrough
Support concentration area: 3335--3345 (previous high conversion support)
Upper target:
① 3380 (Asian session high) → ② 3392 (historical high) → ③ 3400 (psychological barrier + upper channel track)
📌Note: If the 3330-3335 support is not reached before the US market, the 3350 short-term stabilization signal can be observed.
Operation strategy after correction
1. Long position layout
Entry range: 3330-3335 (main plan) or 3350 rapid stabilization (alternative plan)
Stop loss: below 3322 (3-5 US dollars lower than the previous high)
Target ladder:
→ First stop profit: 3370
→ Second stop profit: 3392-3400
Position conditions: The price continues to stand above 3340, and the MACD golden cross rises with large volume
2. Breakout and rising plan
If the price breaks through 3400 strongly, it will fall back to 3390 and chase long with a light position, stop loss 3380, and target 3420-3435
Risk warning
Event risk
Speech by Fed officials (pay attention to the revision of interest rate cut expectations)
The specific list of new US tariffs on China is announced (if announced) (exceeding expectations or causing fluctuations)
Operation principle: The current market risk aversion sentiment + easing expectations have not changed, so buy low and avoid rushing to pull back against the trend. Focus on the flow of funds during the US trading session
XAUUSD_30M_BuyGold Analysis
Elliott Wave Analysis Style
We are buying again
To a stop loss of 3350
And a take profit of 3400
In the meantime, we will have short resistance for scalping at 3377
GOLD ROUTE MAP UPDATEHey Everyone,
Please see update on our 1H chart route map from yesterday.
Another great day on the charts with our analysis playing out like we said.
Yesterday we stated; no EMA5 lock above 3317, forcing a rejection back to the retracement range.
We then stated that we are expecting continued reactions within this retracement range, inline with our plans to buy dips. Our updated levels and weighted levels help us track downward movements and catch bounce setups.
- This played out perfectly with the reaction from the retracement range into 3317. We will now look for a lock above this level for a continuation or failure to lock will follow with a rejection back into the lower Goldturns for support and bounce.
We'll continue to buy dips using our key support levels, targeting 20 to 40 pip moves. As always, each level structure provides consistent bounce zones, offering great opportunities for both entry and exit. If you backtest the levels we’ve shared every week over the past 24 months, you’ll see how effectively they work with or against short to mid term swings and trends.
Remember:
Swing ranges yield bigger bounces than weighted levels — that’s the key difference.
BULLISH TARGET
3389
EMA5 CROSS AND LOCK ABOVE 3389 WILL OPEN THE FOLLOWING BULLISH TARGETS
3428
EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGET
3478
EMA5 CROSS AND LOCK ABOVE 3478 WILL OPEN THE FOLLOWING BULLISH TARGET
3517
BEARISH TARGETS
3352 - DONE
EMA5 CROSS AND LOCK BELOW 3352 WILL OPEN THE FOLLOWING BEARISH TARGET
3317 - DONE
EMA5 CROSS AND LOCK BELOW 3317 WILL OPEN THE FOLLOWING BEARISH TARGET
3282
EMA5 CROSS AND LOCK BELOW 3282 WILL OPEN THE FOLLOWING BEARISH TARGET
3233
EMA5 CROSS AND LOCK BELOW 3233 WILL OPEN THE SWING RANGE
3185
3146
As always, we’ll keep you all updated with real time analysis and management of active setups throughout the week. Thank you for your continued support, your likes, comments, and follows mean a lot!
Mr Gold
GoldViewFX
Gold (XAUUSD) Elliott Wave Outlook: Next Bullish Surge UnderwayGold (XAUUSD) has displayed a strong bullish trend since establishing a low on May 15, 2025, forming a sequence of higher highs that signals further upside potential. The rally from the May 15 low unfolded in a clear five-wave Elliott Wave structure, completing wave 1 at $3365.93. The initial advance, wave ((i)), peaked at $3252.05, followed by a corrective pullback in wave ((ii)) to $3153.47. The subsequent rally in wave ((iii)) reached $3345.40, with a minor dip in wave ((iv)) to $3278.79. A final leg, wave ((v)), concluded wave 1 at $3365.93.
Following the completion of wave 1, a corrective wave 2 developed as a double three Elliott Wave structure. From the wave 1 high, wave ((w)) declined to $3284.40, followed by a recovery in wave ((x)) to $3325.51. The subsequent decline in wave ((y)) bottomed at $3245.20, marking the end of wave 2. Gold then resumed its upward trajectory, initiating wave 3. Within this wave, wave ((i)) peaked at $3331.11, and a pullback in wave ((ii)) found support at $3271.09. The metal has since broken above the previous wave 1 high of $3365.93, confirming the start of wave ((iii)) and signaling further upside.
In the near term, as long as the pivot low at $3246 remains intact, pullbacks are expected to attract buyers in a 3, 7, or 11-swing corrective structure, supporting additional gains. Traders should monitor these levels for potential buying opportunities, with the bullish trend likely to persist as long as key support holds.
XAUUSD Daily Sniper Plan — Monday, June 2, 2025“Equilibrium Warzone: Will Bears Break Structure or Bulls Reclaim Premium?”
👋 Welcome to the new week, traders. The battlefield is balanced — here’s how we dominate it.
Gold is trading just above equilibrium (3289–3290) after a messy week of premium traps, CHoCHs, and weak bullish continuations. The market has printed clear Lower Highs (LHs) across H1/M15 and failed to reclaim the supply at 3302–3308.
We are now caught in a compression box between M15 OB resistance and discount inefficiency, with liquidity stacked below.
🔹 Current Bias
🎯 Neutral-to-bearish under 3308
🔻 CHoCH + LH formed on both M15 and H1
🧠 Monday will reveal if we break 3270 floor or induce a final trap into premium
🔹 Intraday Structural Zones (Sniper Refined)
🔺 Resistance Zones Above Price
Zone Name Price Range Confluence
🔺 First OB Reaction 3296 – 3302 M15 OB + H1 rejection wick — soft inducement
🔺 Final LH Trap 3308 – 3322 Last Lower High + FVG fill + premium supply
🔺 Premium Killzone 3335 – 3355 Upper trap + internal liquidity — only visited if bulls reclaim structure
🔻 Support Zones Below Price
Zone Name Price Range Confluence
🔻 EQ Reaction Floor 3274 – 3262 Current support shelf + equilibrium wick lows
🔻 First Breakdown Zone 3248 – 3228 BOS origin + M15 CHoCH + clean liquidity stack
🔵 Swing Reentry Zone 3196 – 3172 M15 demand block + clean OB + deep FVG fill
⚫ Final HTF Demand 3150 – 3130 May HL + strong structure base — ultimate reversal point if dumped
🔹 Execution Plan for Monday
✅ Plan A — Sell Setup (Most Probable)
If price taps 3296–3302 early and rejects → short toward 3262
Confirm with M15 CHoCH + bearish PA
Target 3248 → 3228
Hold partials for extension into 3196 if momentum is clean
🔁 Plan B — Inducement Trap Then Drop
Spike into 3308–3322 → watch for LH rejection or FVG sweep
Sell setup becomes valid only if M15 fails to break structure up
Target remains same: 3262 → 3228
🛑 Invalid Buy Conditions
❌ No buys valid inside 3302–3322 → this is smart money trap zone
✅ Buy only valid if:
Deep discount reaction at 3196–3172, OR
Clean break + BOS above 3322, then hold → reentry toward 3355
📊 EMA Structure (5/21/50/100/200)
❌ EMA5 is under 21 and 50 → bearish
⚠️ Price is hugging EMA100 from below
✅ EMA200 (H1) sits at ~3172 → aligns with deep demand zone
Momentum favors sellers if 3308 holds
🔚 Final Thoughts — Battlefield Summary
Gold is stuck in range-to-distribution structure after failing to reclaim premium. With CHoCHs on all major intraday timeframes, momentum is now tilting bearish. The setup is clean: wait for the retest of structure above, then strike into demand zones where clean inefficiencies remain.
Don’t chase fake breakouts. Let price show its hand near OBs and EQ edges — and execute with clarity.
💬 If You Found This Valuable:
📌 Follow GoldFxMinds for live sniper plans, real zone maps, and execution clarity
💡 Smash a LIKE if you’re ready to wait, not chase
👇 Comment your take: Do we drop to 3228 first — or induce 3315 before the flush?
Trade sharp. Trade with structure.
— GoldFxMinds
XAUUSD Critical Lower Highs break-out just happened.Gold (XAUUSD) broke above the Lower Highs trend-line that originated from the April 22 All Time High (ATH) and has basically re-established the long-term bullish trend and confirmed the bullish break-out.
The extension can go as high as 3700, which represents a +18.37% rise from the 1D MA50 (red trend-line) bottom. That is how much the last 1D MA50 (near) test increased (April 07). A Higher Lows trend-line (dashed) may potentially support this uptrend all the way before the next correction.
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💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Let’s analyze the gold (XAU/USD) chart from technicalLet’s analyze the gold (XAU/USD) chart from technical, fundamental, sentiment, and social media perspectives as of June 2, 2025, at 10:09 PM CEST. I’ll incorporate the latest available X posts (from May 23–31, 2025) for the social media sentiment analysis, though they are slightly outdated. I’ll also update the analysis with current market conditions where possible.
1. Technical Analysis
The chart is a 4-hour candlestick chart of gold from TradingView:
Trend Overview: Gold has been volatile. It rose from around $3,122 in mid-April to a peak of $3,480 in early May, then corrected sharply to $3,127 by late May. Currently, it’s recovering, trading at $3,381.72.
Support and Resistance Levels:
Support: The $3,122–$3,127 zone is a strong support (price bounced multiple times here).
Resistance: The $3,480–$3,483 zone is a key resistance (previous high).
Breakouts and Patterns: Recently, gold broke out of a consolidation range ($3,127–$3,348) and moved up to $3,381. This suggests potential for further upside, but confirmation above $3,483 is needed.
Volume and Indicators:
Volume (on the right) increased during the recent upmove, indicating strong buying pressure.
Indicators like RSI or MACD aren’t visible, but given the sharp rise, RSI might be in overbought territory (above 70).
Short-Term Outlook: If gold holds above $3,348, it could test $3,483. A break above $3,483 might target $3,500. However, a drop below $3,348 could lead to a retest of $3,127.
2. Fundamental Analysis
Fundamental factors driving gold prices include:
Interest Rates and Monetary Policy: Gold typically has an inverse relationship with interest rates. If the Federal Reserve has cut rates in 2025 (due to lower inflation or economic slowdown), this could support gold’s rise. Conversely, high rates would pressure gold downward.
US Dollar Strength (DXY): Gold and the dollar are inversely correlated. A weaker dollar (due to dovish Fed policies or geopolitical tensions) could explain gold’s rise.
Inflation and Economic Uncertainty: Gold is a safe-haven asset. High global inflation, geopolitical tensions (e.g., Middle East or Ukraine), or financial crises could drive demand.
Physical Demand: Demand from major markets like India and China (e.g., during wedding seasons) can push prices up.
Chart Data Insight: The current price of $3,381 suggests strong demand, possibly driven by geopolitical tensions or a weaker dollar.
3. Sentiment Analysis
Sentiment analysis focuses on trader behavior and market psychology:
Trader Behavior: The bid ($3,381.75) and ask ($3,381.87) show a tight spread (less than $1), indicating high liquidity and trader interest in gold.
Buying/Selling Pressure: High volume during the recent upmove suggests bullish sentiment. Traders likely expect the uptrend to continue.
Fear and Greed Index: If the Fear & Greed Index is high (greed dominant), traders might shift to riskier assets, avoiding gold. However, the price increase suggests fear (safe-haven demand) is dominant.
4. Social Media Sentiment (Updated as of June 2, 2025)
I’ll analyze the latest X posts (May 23–31, 2025) to gauge social media sentiment. Since these posts are slightly outdated, I’ll extrapolate based on the current price action.
Overall Sentiment:
On May 23 and 25, @Talaforoosh noted that the gold market was “asleep,” with lower trading volumes compared to earlier in the year. This indicates a cautious sentiment among traders.
On May 28, @IRNA_1313 reported a slight increase in gold to $3,319, but with minimal volatility, suggesting a stable but stagnant market at that time.
On May 29, @TgjuSocialMedia provided a technical analysis, noting gold was in a critical range of $3,200–$3,255, with negative RSI and MACD signals pointing to selling pressure. This reflects a bearish sentiment during that period.
Key Influencing Factors:
Iran-US negotiations were a major focus. @TgjuSocialMedia (May 29 and 31) highlighted that the outcome of these talks could dictate gold’s direction. A breakdown in talks could lead to a bullish scenario for gold, while an agreement might trigger a bearish move.
@Talaforoosh (May 23) predicted that negotiation outcomes could either push gold to new highs or cause a sharp drop (to the 26 million IRR range for domestic gold in Iran), describing the market as “crazy.” This reflects expectations of high volatility.
Technical Sentiment on X:
Technical analyses on X (e.g., @TgjuSocialMedia on May 28) leaned bearish, noting a drop to $3,304 and a key support at risk. This suggests traders on X were more inclined toward a correction at that time.
Current Sentiment (Extrapolated):
The X posts from late May show caution and bearish sentiment, likely due to uncertainty around Iran-US negotiations. However, the chart shows gold has since risen to $3,381.72 as of June 2, a significant recovery from the $3,127 low. This suggests that sentiment has likely shifted to bullish in the past few days, possibly due to favorable news (e.g., stalled negotiations or new geopolitical tensions) or a weaker dollar.
Final Conclusion and Outlook
Technical: Gold has short-term upside potential to $3,483 if it holds above $3,348. A break above $3,483 could target $3,500. However, a drop below $3,348 might lead to a retest of $3,127.
Fundamental: A weaker dollar, high inflation, or geopolitical tensions (e.g., stalled Iran-US talks) could be driving the price increase.
Sentiment: High trading volume during the recent upmove indicates bullish market sentiment.
Social Media: X posts from late May showed caution and bearish sentiment due to negotiation uncertainties. However, the price increase to $3,381 by June 2 suggests sentiment has likely turned bullish in the past few days, though I’d need more recent X data to confirm.
Overall Forecast: In the short term, gold could reach $3,483, but watch the $3,348 level closely. In the longer term, if fundamental drivers like geopolitical tensions or a weaker dollar persist, gold might climb to $3,500 or higher.
If you’d like a deeper dive into more recent social media sentiment, I can search for fresher X posts. Would you like me to do that?
GOLD - Price can bounce up from support level to $3420Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Recently, price entered to triangle, where it rebounded from resistance line and dropped to support line.
Also, price broke $3345 with $3210 levels, after which it turned around and rose to $3210 level, broke it.
Then Gold made retest, and then continued to grow to $3345 level, and even rose to resistance line of triangle.
And then started to decline to support line of triangle, after which it turned around and made an impulse up.
Price exited from triangle and broke $3345 level, which coincided with resistance area, and now trades inside.
I think that Gold can correct to support level and then continue to grow to $3420 points.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Why XAUUSD is 50/50XAUUSD created a new LH and didn't want to continue last week's demand. However, it also created a new HL. Who takes precedence in this scenario? The HL since it's an overall Up Trend. It might consolidate in the next few days and the 4th of June will be a good indicator if it break to the upside or continue to drop.
GOLD (XAUUSD): Intraday Bullish ConfirmationGold reached a significant horizontal support last week, forming an inverted head and shoulders pattern, which led to a bounce that broke through a strong downward trend line.
This indicates buyer strength, suggesting the market may continue to rise, with the next target set at 3382.
GOLD Price Analysis: Key Insights for Next Week Trading DecisionIn this video, we dissect how gold traded last week (May 26–30), why the price hovered near the top of a descending channel, and what’s driving market indecision. From geopolitical tensions to Federal Reserve interest rate uncertainty, we connect the dots between fundamentals and technical structure, enabling you to make better-informed trading decisions.
📅 Key Events to Watch This Week:
✅ISM Manufacturing PMI
✅ADP Employment Change
✅ISM Services PMI
✅Average Hourly Earnings
✅Non-Farm Payroll (NFP)
🎯 In this analysis, I walk you through:
🔸My technical blueprint (key zones for buyers & sellers)
🔸My bullish and bearish scenarios based on the structure on the chart
🔔 Don’t forget to like the video in support of my work.
Disclaimer:
Based on experience and what I see on the charts, this is my take. It’s not financial advice—always do your research and consult a licensed advisor before trading.
#GoldAnalysis #XAUUSD #GoldPriceForecast #GoldTrading #ForexAnalysis #MarketOutlook #NFP #FOMC #TechnicalAnalysis #FundamentalAnalysis #GoldBulls #GoldBears #TradingStrategy #Darcsherry #XAUUSDAnalysis #GoldOutlook #GoldPricePrediction
XAU/USD Buy Setup Explanation (Using Fibonacci Levels)This chart presents a bullish trading setup on gold (XAU/USD) based on a Fibonacci retracement strategy. It suggests a buy opportunity after a pullback.
✅ Fibonacci Levels:
> 0.0% (Top): $3,331 – recent swing high (used as reference)
> 23.6%: $3,312 – minor resistance zone
> 38.2%: $3,297 – initial pullback area
> 50.0%: $3,290 – psychological mid-level
> 61.8% (Golden Ratio): $3,280 – key Fibonacci support
> 78.6%: $3,266 – deeper retracement support
> 100% (Bottom): $3,249 – recent swing low
🟪 Buy Zone (Between 50% and 61.8%):
The marked BUY ZONE is between $3,290 and $3,280, aligning with the Fibonacci golden pocket.
This is a high-probability reversal area, as it combines:
Strong Fibonacci confluence (50%–61.8%)
Prior price reaction zones (structure-based support)
: TP1: $3,320 – aligns with previous structure zone and 23.6% retracement.
: Final Target: $3,350 – a retest of the major resistance and previous high.
📌 Conclusion:
This is a classic Fibonacci retracement long setup:
Wait for a bullish reversal pattern (e.g., pin bar, engulfing) in the buy zone.
As long as the price holds above $3,266, the bullish structure remains valid.
Ideal for swing traders looking to catch a bounce off the golden ratio support.
XAU/USD) 3 top technical analysis Read The ChaptianSMC trading point update
Technical analysis (XAU/USD) on a 4-hour timeframe, with key elements and potential price scenarios illustrated. Here's a breakdown of the idea behind this analysis:
---
1. Key Levels and Zones
Resistance Zone (~3,320–3,330):
Marked with red arrows indicating multiple rejections.
A crucial supply zone that the price failed to break several times.
Support Zone (~3,280–3,290):
Labeled as “nak support level” (likely means "neckline" support in a possible head-and-shoulders structure or just a key level).
Important for bullish structure continuation.
Lower Target Zone (~3,205):
A demand zone if the support fails.
Labeled as another “target point” indicating a bearish projection.
---
2. Trend Context
The price was in an upward channel (highlighted as "up trend"), which has now been broken.
EMA 200 (~3,251) is acting as a dynamic support.
---
3. Potential Scenarios
Bullish Scenario (Red/Blue Arrows Up):
If the price holds the “nak support level” and breaks back above resistance (~3,320):
A bullish move toward 3,367 and even 3,435 is expected.
The blue arrow shows a projected upside target of ~105 points.
Bearish Scenario (Black Arrow Down):
If the price breaks below the neckline/support and EMA 200:
A drop toward the 3,205 area is anticipated.
Target aligns with previous structure lows and a clean demand zone.
---
4. RSI Indicator (Bottom Panel)
RSI is hovering around neutral (~45–50), offering no strong momentum bias.
Could support either a bounce or a breakdown, depending on upcoming moves.
Mr SMC Trading point
---
Conclusion / Idea Summary
This chart presents a conditional trade setup:
Above 3,320: Long toward 3,367–3,435.
Below 3,280–3,250 (and EMA 200): Short toward 3,205.
The market is currently at a decision point, and traders should wait for confirmation (breakout or breakdown) before entering a trade.
Pales support boost 🚀 analysis follow)
Break out confirmed. Expect some retraces on the way up . Enter on dips . 3400-500 are next targets .
