XAUUSD : ShortGold is consolidating in H4 chart. Now price is on the upper line of the triangle. Gold has big possibility to go down respecting the resistance.
XAUUSD trade ideas
Daily Analysis- XAUUSD (Tuesday, 27th May 2024)Bias: No bias
USD News(Red Folder):
-None
Analysis:
-Price closed weak bearish on bank holiday
-Scene 1: Looking for price to break the structure high & form bearish structure
-Scene 2: Looking for price to pullback to 0.5fib level
-Potential BUY/SELL if there's confirmation on lower timeframe
-Pivot point: 3280, 3380
Disclaimer:
This analysis is from a personal point of view, always conduct on your own research before making any trading decisions as the analysis do not guarantee complete accuracy.
Gold retreats to 3330 and continues to rise
Gold prices retreated from a two-week high of $3,365 an ounce hit last Friday. Despite the pullback, the bullish potential remains intact. Any decline in gold prices appears limited as U.S. fiscal concerns and escalating geopolitical tensions will continue to drive safe-haven demand for gold. Looking ahead to this trading day, gold prices may see a limited correction, but with the U.S. market closed on Monday to commemorate Memorial Day, the thin trading environment may amplify gold price fluctuations.
Why did gold prices plummet and soar in May?
Why did the price of gold plummet: First, the high-level trade talks between China and the United States reached an agreement, and bilateral tariffs dropped significantly, driving the market's risk appetite to rebound rapidly; second, although the U.S. CPI inflation rate in April was lower than expected, the Fed officials' statements were still cautious, hitting the market's expectations of interest rate cuts and also putting some pressure on gold prices. Finally, the rapid rise in gold prices in the previous period triggered technical adjustments, and the market took profits, which also pushed gold prices down.
Why did it rise: First, the unexpected intensification of the situation in the Middle East became a short-term flash point. Intelligence released by the United States shows that Israel may be preparing to launch a strike on Iran's nuclear facilities. The risk of escalating geopolitical conflicts is the main reason for the upward trend in gold prices. Secondly, Trump's additional tariffs and Moody's downgraded the US sovereign credit rating from the highest level Aaa to Aa1 on May 16. This move has led to a decline in market confidence in US debt, which in turn provides support for the rise in gold prices.
Views on today's gold trend!
The gold daily level closed again with a positive line, injecting new vitality into last week's trading space. The two rounds of rise not only successfully crossed the resistance level of 3250 last Monday, but also further broke through the suppression of 3320, showing a clearer upward trend. The current shock is a correction after the previous high point breakthrough! However, the short-term shock is also carried out simultaneously. The pressure of the 3370 area tested several times on Friday failed to break through effectively and continued to encounter resistance, indicating that the current pressure is still relatively strong!
From the 4-hour chart, the gold bulls are still well-positioned. Currently, it is facing resistance at 3370 near the previous high. Due to the overstretching of the bulls in the previous period, it often needs a period of adjustment. However, if further news is stimulated this week, there is still a possibility that gold will rise sharply. The key is to look at the trend of the early trading. Therefore, when betting on strength and weakness, the timing is very important. This week is expected to continue to maintain a volatile upward pattern, and the callback market can be captured. The resistance is 3370 and the support is at 3320.
Gold: Long near 3330, defense 20, target 3370 resistance
Gold strategy today, I hope it will be helpful to youTrump's announcement to delay the decision to impose high tariffs on the EU has temporarily reduced concerns about global trade conflicts. As a result, demand for gold as a safe-haven asset has decreased, and its price has come under some pressure. On the other hand, however, the market remains worried about global inflation pressures and the U.S. fiscal outlook. Coupled with the downgrade of the U.S. credit rating, these factors have limited the downside space for gold prices.
Today's consecutive decline in gold prices has once again confirmed my view. Today, short-term consecutive short positions on gold made profits again. However, the upward trend of gold has not ended. We will go long again when it approaches the lower support level.
Gold strategy today, I hope it will be helpful to you
XAUUSD BUY@3320~3310
SL:3300
TP1:3330~3350
XAUUSD BULLISHXAUUSD FORMED bullish scenario in H1
no reversal for bearish
move in a bullish parallel channel
cmp is good for buying
0.50% fib level at current price
XAUUSD BUY LevelsMY PLAN FOR BUYING OF THE DAY - H1 TF📈
* First zone = 3320.8 to 3316
* Second zone = 3305.4 to 3300
XAUUSD – Signs of Weakness at the Pressure ZoneToday’s market has low trading volume as both the UK and the US are on holiday. This makes price action more prone to “choppy” movements within a narrow range, and technical signals tend to become more reliable.
Gold is approaching a strong resistance zone around 3,420 – a level that previously triggered a sharp drop in early May. Based on the current technical structure, it’s clear that gold is entering a “pressure zone,” as upward momentum slows down and recent candles start to show hesitation.
The most likely scenario is a rejection at 3,420, followed by a pullback toward the 3,250 support area – where EMA 34 and prior accumulation volume converge. If this zone fails to hold, the next target could be around 3,170.
We don’t always have to “call the top,” but this is definitely a time to dial back bullish expectations and closely monitor price action in this sensitive area.
Gold Market Analysis – May 26The gold market is showing signs of a modest recovery following the recent decline, but the price action remains cautious and lacks strong momentum.
In this morning’s session, gold bounced back from the $3,320–$3,330 support area and is now hovering around $3,347, which aligns with a previously rejected resistance zone. This rebound appears technical rather than a confirmed shift in trend, as trading volume during the upward move is still relatively low, signaling buyer hesitation.
The $3,350 level is a critical resistance area. Unless we see a clean breakout above it with strong volume, any attempt to buy here may be premature. However, a confirmed break above $3,350 could open the path toward retesting $3,435 and potentially $3,500 in the medium to long term. On the other hand, failure to hold above the $3,330–$3,320 range, and especially a drop below $3,290, would likely trigger a deeper correction down to the $3,200 support.
In terms of strategy, traders looking to go long should avoid chasing current prices and wait for either a confirmed breakout above $3,350 or a pullback to the $3,320–$3,290 zone. Look for signs of bullish continuation such as higher lows and strong candle confirmation. For those considering short positions, keep an eye on the $3,350 area for bearish rejection patterns like pin bars or engulfing candles on the 4H or daily chart, but only act if clear confirmation appears—don’t guess tops.
In summary, the market is currently in a pivotal consolidation phase. How price behaves around the $3,350 level will shape the next move. While the longer-term outlook remains bullish, traders should remain patient and disciplined, avoiding impulsive entries until the market provides clear signals.
Warm regards,
XAUUSD 🧭 Trade Bias
Moderately Bullish, but with caution due to high volatility and upcoming macroeconomic events.
📊 Technical Strategy
•Trend Analysis: Identify the dominant trend on higher timeframes (daily/weekly). Stick with the trend unless strong reversal signals appear.
•Support & Resistance: Mark key horizontal zones based on recent price reactions. Wait for price to approach these zones before making decisions.
•Candlestick Patterns: Look for confirmation signals (e.g. pin bars, engulfing candles) near support/resistance for entry or exit cues.
•Moving Averages: Use them for trend confirmation and dynamic support/resistance.
•Volume & Momentum: Confirm breakout strength or weakness using volume and momentum indicators like RSI or MACD.
🏦 Fundamental Strategy
•Monitor Central Bank Policies: Pay attention to any comments or signals from the Fed and other major central banks.
•Watch Geopolitical Events: Escalations can increase demand for gold as a safe haven.
•Economic Data: Track employment data, inflation indicators, and GDP releases from the US. Weaker data may support gold.
💼 Trade Management
•Entry: Enter on confirmed setups with clear confluence (e.g. trend + support zone + bullish pattern).
•Stop-Loss: Place below recent swing lows or above highs, depending on trade direction.
•Take-Profit: Target next major resistance/support or use risk-reward ratios (e.g. 1:2 or higher).
•Scaling In/Out: Consider partial entries or exits around key zones.
⚠️ Risk Management
•Risk a fixed percentage per trade.
•Avoid overtrading during choppy markets.
•Adjust position sizes according to volatility.
🔁 Review & Adjust
•Reassess the plan weekly or after major events.
•Track performance and refine strategy based on market conditions.
Gold Analysis and Trading strategy for next Week✅Judging from the recent market, the price of gold has stepped back to the 3350 line three times and quickly stabilized, while refreshing the high of 3365 and closing above 3350, which fully reflects the strong pattern of bulls. In such a strong bullish background, should the next trading idea go with the trend or think in reverse? In this regard, I think it should be weighed from the following aspects:
✅First, although the current operation of gold is likely to continue to rise, given the repeated fluctuations around 3350 before, the current high of 3365 does not rule out the possibility of a similar trend. Therefore, it is particularly important to remain cautious and respond flexibly.
✅Secondly, the recent weakening of the US dollar index has provided momentum support for gold bulls, but a comprehensive control pattern has not yet been formed. In the real bullish strong control stage, it is still necessary to wait for the gold price to achieve an effective breakthrough and stabilization above the 3400 mark before confirming the further continuation of the trend.
✅Third, the current risk aversion sentiment is relatively mild and has not become the main driving factor for the strong breakthrough of gold prices. Therefore, before there is a new risk aversion event, gold still faces certain resistance to break through 3400 in one fell swoop.
✅From a technical perspective:
🔶Weekly level: Bulls still dominate and the structure is stable.
🔶Daily level: Recently, a strong big positive line has risen, with a single-day increase of about US$78, showing a strong upward momentum. The current price is running between the upper track of the Bollinger band and the 5-day moving average. The short-term moving average system diverges upward, forming important support at 3287 and 3315 respectively. In addition, the overall technical indicators of each period show a bullish arrangement, and the daily level tends to continue the upward trend.
🔶4-hour level: After experiencing a continuous positive line rise last Friday, the gold price re-stood on the short-term moving average and drove it to continue to move upward. MACD golden cross continues and continues to increase in volume, and the Bollinger Bands open upward, indicating that the short-term bullish momentum is still sufficient and the trend has a technical basis for further upward movement.
🟢Focus on the support below: 3315-3320. Once it breaks down, you need to guard against the risk of a pullback.
🔴Focus on the upper resistance: 3370 is the initial resistance, and the strong pressure is around 3386. but given that the US market is closed, if the European session fails to effectively break through 3386, it is possible to choose a short-term short position layout.
✅The key point of long-short conversion is still in the 3380-3386 area, and short-term trading can be flexibly responded to according to the price performance in this area.
✅Since the beginning of next week coincides with the Memorial Day holiday in the United States, the US market will be closed for one day, and the volatility may be limited. Therefore, in terms of operation, more attention should be paid to the short-term short-selling opportunities brought by rhythm control and resistance suppression.
Gold Weekly Forecast 26 May To 30 MayGold Is Still Bullish in Coming Couple Of Week But We See On 4H Timeframe We Catch Some Good Buy Entries From Mentioned Chart And Mentioned Zone, and Catch A Good Buy Position In Gold From Mentioned Demand Area, 3280 Is Good Area For Buying , If Break This Area We Catch It From 3200-3210 Area
Gold Analysis Idea for next week. Gold retest 3365 level and dropped to sustain below 3360 last week.
As per key level on the the chart, gold should goes by that flow.
if it breaks 3320 and retest 3345, it will create a head and shoulder structure.
#goldanalysis
#goldpriceactions
Golden 4-hour level wave count: Continue to the viewpoint on May1. Main idea: 3500-3120 is purple ABC correction 3 waves have ended, the fifth blue wave has risen, and the purple wave is purple 5 waves. The target is 4,000. There are signs of breakthrough in the downward trend line. At present, the yellow third wave may usher in a slight correction in the tail of the yellow fourth wave. At the beginning of next week, you can keep the long after paying attention to 3340's stabilization. Secondly, if it comes to 3278 at the beginning of next week, as long as it does not break the stabilization, it will be long. That is, the fifth wave of yellow rose. 2. Defensive ideas: 3120-3365 may be a white ABC wave rebound, and the downward trend line may fall here and continue to move ABC correction. Pay attention to the 3280-3250 range stabilization below, and it is still a chance to take on more opportunities. In short, I personally think gold will rise to 4000 soon. The big-to-long period has returned.
Gold (XAUUSD) Primed to ExplodeGold is looking ultra-reactive right now and ready to pop. This is textbook SMC with a clean roadmap.
🔍 Market Narrative:
Price action shows a series of equal highs + trendline liquidity sweeps, followed by a deep sell-off into a premium demand zone. What makes this setup powerful is how it:
Swept internal liquidity below structure
Tapped a strong low while entering a discount OB zone
Respected FVG (Fair Value Gap) sitting right in the golden zone (61.8–70.5%)
📍 Key Confluences:
✅ Triple inducement zones (yellow circles = retail trap triggers)
✅ Perfect bounce off the strong low (3,298.783)
✅ Price projected to react off FVG and then target the weak high + buy-side liquidity
✅ Target aligned with a -27% Fibonacci extension, i.e., 3,369.600
📈 Price Roadmap:
Current PA pushing up to break the Weak High
Slight retrace or reaction from the Fair Value Gap
Continuation bullish leg towards Buy-Side Liquidity: 3,345.470
Final extended TP at 3,369.600
🎯 Trade Plan (Long Idea):
Entry: Upon retrace into FVG (ideally between 3,314.560 – 3,312.046)
Stop Loss: Below the strong low (~3,298.783)
TP1: Weak High → 3,330s
TP2: Buy-side liquidity sweep → 3,345.470
TP3: Fib extension at → 3,369.600
RRR: Solid 1:4+ potential
🧠 Institutional Insight:
Smart Money is using retail trendline breakouts and fake resistance levels to stack orders before the real move. This play is all about accumulation + imbalance correction + liquidity run.
💬 If you’re watching Gold, drop a 🔐 or “XAU MOVE” in the comments!
Gold Holding Pattern – Key Resistance AheadOn the 4-hour time frame, XAU is forming a symmetrical triangle pattern, but we haven’t seen any breakout yet, we’re still trading inside the triangle.
If we look at the LTF, we’re currently at the 0.236 FIB level, which isn’t a very strong buying zone, but technically, we’ve broken out of a falling wedge and are now retesting it.
That looks pretty good, and if this setup plays out well, we could see an upward move toward $3,470.
However, there’s a strong resistance around $3,350 to $3,370 that we need to break first. If we break that, it will also confirm the breakout of the symmetrical triangle from the 4-hour chart.
can Gold make new LL??as it seems a quite bearish trend, the metal has just marked its 3rd LH, so the main thing is that will it continue its bearish trend and if it does that traders should add short positions and for that I have also opened short position although decent RR can be achieved on shorter TFs. The next possible LL has been calculated by the avg of last two
Daily live trade with XAUUSD in 15m/30m/1h 20250530Daily live trade with XAUUSD in 15m/30m/1h 20250530
Gold INTRADAY bullish consolidation supported at 3250Gold continues to exhibit a bullish overall sentiment, supported by a well-established rising trend on the higher timeframes. However, recent intraday price action has transitioned into a consolidation phase, signalling temporary indecision following the latest bullish move.
Key Technical Levels:
Support:
3250 – Critical near-term support; also the previous consolidation zone. A successful retest here would reinforce bullish structure.
3220 – Secondary support; a break below 3250 may prompt a move towards this level.
3200 – Major downside support; a breach would suggest a broader corrective phase.
Resistance:
3345 – Initial upside target if bullish momentum resumes.
3367 – Intermediate resistance; a break here would strengthen the bullish breakout.
3410 – Longer-term resistance; a target for sustained bullish extension.
Technical Outlook:
A corrective pullback toward 3250, followed by a bullish reversal, would confirm a continuation pattern and open the way toward 3345/3367/3410 over a medium to longer-term horizon. Conversely, a daily close below 3250 would invalidate the bullish bias and expose the metal to further downside toward 3220 and 3200.
Conclusion:
Gold remains bullish overall, but near-term direction hinges on the 3250 level. A bounce from this support reaffirms the uptrend, while a break below it warns of deeper correction. Traders should monitor price action closely around 3250 for confirmation of the next directional move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
GOLD ON 4hr gold is set on demand floor ,the break of that 4hr demand floor is a sell confirmation target 3200 on greedy take profit.
Inverse Head and ShouldersGold has created a left shoulder,head and is on the verge of forming the right shoulder so that it can then move upwards.
The two arrows denote the shoulders. It is better to take a buy now and have a smaller stop loss than to wait for it to move upwards and join with a huge stop loss.
XAU/USD Wave CountWave (B) of ((ii)) suggested to have ended as Expanded Flat Correction ABC and right now price is to expected to decline to complete Wave (C) of ((ii)) before moving up again in at least 3 waves.
GOLD NEXT TARGET XAUSDGOLD NEXT TARGET XAUSD as per trend and Gann value. market will reach 3850 target 2 before July 2025. Target will ready to achieve in a week seems. lets wait for market move.
GOLD Short 29/05Gold boosted above the previous lower high seemingly breaking structure. However I believe this was just a liquidity grab taking stops from above the right shoulder. Still anticipating price to move down. Usd rates not lowered. Trade war simmers as Trump 'not allowed' to set tariffs. Usd strength should continue.
