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XAUUSD trade ideas

Gold at Key Resistance | XAU/USD Bearish Rejection Imminent?Gold is back inside the major supply zone (3,324 – 3,425) and showing early signs of exhaustion after multiple failed breakout attempts. This area previously acted as a strong distribution zone, and price is once again reacting with rejection wicks and reduced momentum. ⚠️ Look how price failed to sustain new highs post-spike in early May. If sellers step in here again, we could be seeing the beginning of a major correction. --- 🔹 Key Levels: 🔵 Supply Zone (Resistance): 3,324 – 3,425 ⚫ Pivot Zone: 3,200 – 3,223 🟠 Demand Zone (Support): 2,706 – 2,800 🔵 Last Strong Support: 3,051.211 --- 📊 Outlook: Bearish Bias 🔻 If price breaks below 3,200 with volume: 🎯 TP1: 3,051 🎯 TP2: 2,800 🎯 TP3: 2,706 📉 Invalidation: Break and close above 3,425 --- 🧠 Confluence Factors: Previous strong supply rejection Weekly USD news volatility ahead (see calendar icons) 🇺🇸 Possible bearish divergence forming on momentum indicators (not shown on chart) --- 💬 What I’m Watching: If Gold forms a bearish engulfing pattern or prints a lower high, I’m entering short with targets down to the major demand area below. 📣 Drop your bias in the comments – bullish breakout or bearish reversal? --- #XAUUSD #Gold #Forex #TechnicalAnalysis #PriceAction #SmartMoney #LuxAlgo #TradingView #GoldAnalysis #SupplyAndDemand #BearishSetup
OANDA:XAUUSDShort
by FrankFx14
Gold 3315 gains and losses are the key 📌 Driving events From the news perspective, data released by the U.S. Department of Commerce on Tuesday showed that U.S. durable goods orders in April plunged 6.3% month-on-month, with an expected value of -7.8% and a previous value revised from 9.20% to 7.50%. Volatile commercial aircraft orders plunged 51.5% in April after rising in March. Boeing said it received only eight aircraft orders in April, the lowest since May 2024, far lower than the 192 orders in March, the highest since 2023. Affected by the sharp drop in commercial aircraft orders, U.S. durable goods orders fell more than expected in April, with core capital goods orders (excluding aircraft and military hardware) falling 1.3%, the biggest drop since October last year. Under the influence of uncertainty in tariffs and tax policies, corporate investment willingness is weakening. Through the data, it is not difficult to find that American companies have shown obvious caution in assessing the demand outlook and have shifted their focus to cost reduction, which directly reflects the impact of uncertainty brought about by Trump's trade policy. At the same time, the tax legislation being debated in Congress has also put companies on the sidelines, further suppressing the impulse to invest. 📊Comment Analysis After the pullback on Monday this week, the decline accelerated on Tuesday, and the continuous decline came back, changing the strong upward trend of last week 💰Strategy Package In terms of operation, in the short term, long and short operations can be carried out in the range of 3315-3297 US dollars, and the support position of 3285/80 should be paid attention to below; medium and long-term investors can buy on dips and take advantage of geopolitical risks and the trend of weak US dollars to gradually establish long positions. ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the number of lots that matches your funds - Profit is 4-7% of the fund account - Stop loss is 1-3% of the fund account
OANDA:XAUUSDLong
by Labaron
GOLD → Descending Channel and Triangle Appear on H4 Gold Technical Analysis EMA 200 Last Thursday, gold broke below the 200 EMA, signaling a potential trend reversal to bearish, followed by a rejection at 3,128.00 — an H4 order block area. However, on Tuesday, price action pushed back above the 200 EMA and held, indicating a return to bullish momentum. Chart Pattern Price movement is currently constrained by several trendlines, forming a descending channel and triangle pattern, creating a sideways market structure. Order Block Mapping A new H4 order block has formed, representing a key area to look for potential buy entries. If this zone is broken, it may offer a strong opportunity for a sell entry. 🟢 Bullish Scenario If gold reaches the 3,318.00 level — an H4 order block area — it may present a potential buying opportunity. A breakout above the upper trendline would confirm bullish continuation, with the first target at 3,366.00 (TP1), followed by a second target at 3,440.00 (TP2), which is also an H4 order block area. 🔴 Bearish Scenario If gold breaks below the H4 order block at 3,290.00 and breaches the lower trendline, it may offer a selling opportunity, with the next downside target at 3,055.00 — a key daily order block level. Best Regard
PEPPERSTONE:XAUUSD
by prafipytm
Gold strategy today, I hope it will be helpful to youClosely monitor the key resistance level at 3,340. If the price rebounds near this level and shows signs of stagnation—such as stalling momentum or signals of strong overhead selling pressure—it indicates difficulty in sustaining further upward movement, and short positions may be considered at this point. Additionally, if the price briefly breaks through 3,340 but fails to hold steady and quickly retreats, this also presents an opportune moment to go short. Gold strategy today, I hope it will be helpful to you XAUUSD SELL@3340~3346 SL:3350 TP:3320~3310
FOREXCOM:XAUUSDShort
by AndyHopkins
Gold once again within Neutral RectangleTechnical analysis: Gold is currently being rejected just above the Higher High’s Higher zone trend-line of the Hourly 4 chart’s Ascending Channel that started with the May #15 Low's. Within that Channel, the Price-action (Xau-Usd spot) always tested the Support zone after strong local Top rejection, so assuming no further Fundamental news breakout (and DX doesn't make a new Low or Bond Yields (near #5-Month High’s) continue the rejection towards new Support break, I don't see why this Hourly 4 chart’s fractal won't get repeated. #3,277.80 - #3,285.80 would be a fair estimate. If however #3,352.80 benchmark gets invalidated to the upside, that would be a Bull breakout call towards the #3,362.80 (small chances for that configuration to develop subsequently). Gold is having Bearish Short-term sentiment however rejecting aggressively every local Low's attempt. My position: #3,304.80 first Resistance delivered excellent re-Sell Scalp orders before Asian session (now traditional) local High's #3,332.80 test extension. As I noted on my remarks previous remarks, I will keep operating with my Buying and Selling orders from #3,292.80 - #3,332.80.
OANDA:XAUUSDShort
by goldenBear88