Gold will form a double top next week and then fall toward 2600.Gold will form a double top next week and then fall toward 2600.Of course, everything is hypothetical. If the correction trades time for space, it may not fall as much. It could consolidate sideways for a long time. In short, I think the uptrend has paused for now. If a double top forms next week, it’s a good opportunity. Let’s wait and see.
XAUUSD trade ideas
Gold Price Analysis May 7Yesterday's D1 candle continued to be a FULL candle with a 100 price increase. At the beginning of the day, the market opened with a bearish price gap, showing that the market also wants to cool down and today.
Gold is sideways in the range and is running a corrective downtrend.
The support zone for BUY strategies is around 3371, this is the EMA 34 of the h1 frame and is partially supported by the trendline. The next notable area is 3352, which is the old candle wick area and also the support area of yesterday's European session.
The two SELL areas are around 3402 and the Gap opening area is 3423.
GOLD 30m Buy Setup | FVG + Fib Discount + Reversal Block🌟 GOLD (XAUUSD) Buy Opportunity | May 9, 2025 | 30m SMC Setup
This GOLD setup on the 30-minute timeframe presents a textbook Smart Money entry. We’ve got a deep retracement into the 61.8% Fibonacci level, clear Fair Value Gap (FVG) demand zone, and a sharp rejection wick + micro reversal block right at the zone.
🔍 KEY CONFLUENCES:
🔻 Deep Discount: 61.8% Fib zone
🟧 FVG block inside key institutional candle
🧱 Reversal block right before the reaction
💥 Aggressive price rejection at 3,297 zone
📈 Targeting premium levels ~3,369.6
🛡️ SL below 70.5% (~3,293.2) — safe under liquidity grab
📈 Setup Specs:
Timeframe: 30min
Direction: Long
Entry Zone: 3,302 – 3,303
TP: 3,369.6
SL: ~3,293.2
RR: Approx. 1:8+
💡 Trade Logic:
Smart Money engineered a sweep of local lows, then left an imbalance (FVG) as the market shifted. The 61.8% retracement + bullish wick combo confirms intent. The reaction is strong — we expect price to fill the inefficiency and target premium liquidity above.
🎯 Chart Ninja Tip:
“Where price pauses, Smart Money loads. Where it explodes, they’ve already finished.”
Is Gold Ready to Break the High… Again?On the Daily timeframe , the seller’s level at 3366.900 , formed by the April 22nd bar, was broken by strong buying pressure and is currently being retested from above.
On the Hourly chart , I’m observing a bullish wide-spread bar with the highest volume, which also broke through the 3366.900 level.
📈This bar has its own test at 3349.745, which supports the bullish bias for now.
As long as this level holds, I expect the long scenario to remain valid.
Overhead, there is resistance from sellers at 3404.761 .
If price breaks above it, the next upside targets are:
🎯 3438.708
🎯 3500.120
#TechnicalAnalysis #DayTrading #VSA #XAUUSD #GOLD # #FuturesTrading #VolumeSpreadAnalysis
Gold is expected to fall below 3300, continue to short gold!Fundamentals:
1. Pay attention to whether the geopolitical conflicts escalate, including the situation between India and Pakistan, Russia and Ukraine, and the situation between the United States and Iran, etc.
Technical aspects:
Although the gold price gradually rebounded after hitting 3320 points, the current rebound momentum is relatively weak. The gold price has turned from strong to weak, and the short-term "M"-shaped top structure formed by 3435 points and 3414 points above has suppressed the upward space of the gold price. Therefore, we still focus on shorting gold after the rebound. First, we focus on the resistance area of 3355-3365 points above. If the gold price rebound fails to successfully break through this area, the gold price will fall again and is expected to continue to fall to around 3280 points.
Trading strategy:
Consider shorting gold after gold rebounds to the 3355-3365 area, target price: 3340
Tariffs, Fed & 3360 Line: Short-Term Bearish Gold Analysis📈 Tariff and International Relations: The Key Drivers of Gold Price 🌐
At present, the most crucial factors affecting the gold price are still the tariff situation and international relations. These global dynamics can quickly shift market sentiment, making gold a barometer for economic and geopolitical stability. Tensions often send investors flocking to the safety of gold, while diplomatic breakthroughs can ease its appeal. 📉💼
⚖️ 3360: The Pivotal Divide Between Bulls and Bears 📊
As things stand now, 3360 has clearly become an important dividing line for the game between the bulls and the bears. Technical analysts and traders closely monitor this level day and night. A decisive break above 3360 could fuel a bullish rally, while a drop below might unleash bearish momentum. 🚀📉 Every tick around this number draws intense attention from the trading community. 👀
📰 Real - Time News Shaping the Gold Market 📢
A series of real - time developments, such as the information released by the Federal Reserve, the remarks of Jerome Powell, and the agreements on tariffs signed between the UK and the US, are all influencing the trend of the gold market. Each central bank statement or trade deal announcement can send shockwaves through the market, triggering rapid price movements. Traders constantly refresh their news feeds, ready to react at a moment's notice. 💻⏱️
🌍 Future Outlook: A Bearish Short - Term Trend 📉
With the development of the situation, the tariff issue is likely to be further alleviated in the future. Based on this, from a short - term perspective, the gold price shows a bearish trend. However, long - term investors should also keep an eye on other variables like inflation rates and geopolitical flashpoints that could potentially reverse this trend. After all, the gold market is full of surprises! 🎯🔮
⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️
🚀 Sell@3360
🚀 TP 3340 - 3320
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
GOLD: Bullish Continuation & Long Trade
GOLD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long GOLD
Entry - 3387.7
Sl - 3380.3
Tp - 3403.8
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
Gold technical analysis and trading strategy
Affected by the hawkish stance of the Federal Reserve and the strengthening of the US dollar, gold has been under pressure and fluctuated recently, but geopolitical risks and the news of Trump's upcoming "major trade agreement" have made market sentiment cautious. Some bulls chose to take profits in the Asian session, and the price fell from the highs, showing a long-short tug-of-war pattern on the technical side.
Technical structure analysis
Although the daily level has a top and bottom structure of long-short transformation, the price still holds steady at 3300, indicating that the medium-term trend has not weakened. The current price is running near the key neckline support, and the 3320-3300 area will become an important defense line for bulls, and the upper 3380-3400 constitutes short-term resistance. The hourly chart shows that the price fell below the lower edge of the previous trading day's oscillation box at 3370, the moving average system is arranged in a short position, and the MACD runs below the zero axis, and the short-term trend is weak. The European and American sessions need to focus on the breakthrough direction of the 3310-3365 range.
Operation strategy suggestions
Short-term trading:
If the price falls back to 3310-3315, try to buy with a light position, stop loss below 3299, target 3340-3350
Rebound to 3360-3365, short under pressure, stop loss above 3375, target 3330-3320
Trend layout:
If the price falls below 3300, short orders can be followed up to 3280-3260
If the price breaks through 3380 resistance, it is expected to restart the upward trend and test above 3400
Risk warning
Focus on the content of Trump's press conference in the evening. Any unexpected details of the trade agreement may cause drastic market fluctuations. It is recommended that traders strictly control their positions and do a good job of stop loss protection. The current market sentiment is sensitive, and the game between technical and news aspects is intensifying, so we need to remain flexible.
Gold (XAU/USD) Analysis – 1H
🏛 1. Current Market Structure
📉 Gold just made a sharp drop into the OTE zone, breaking through the Supply Zone without much resistance.
🔎 This move suggests a liquidity sweep, possibly targeting deeper levels before any significant recovery.
🌍 2. Bigger Picture Outlook
⚠️ With the 4H FVG now acting as a strong resistance, the market is testing the OTE zone for potential support.
💰 If this zone fails to hold, we could see a deeper correction towards the next major demand area around $3,300.
🔍 3. Key Technical Observations
🟩 4H FVG: Now acting as a supply block, capping recent bullish attempts.
🟦 OTE Zone: Major liquidity area, potential bounce point if buyers step in.
⬜️ Supply Zone: Clearly lost its strength, now likely to act as resistance on any retest.
🎯 4. Short-Term Expectations
📉 Bearish Scenario:
Continuation through the OTE
Deeper liquidity grab toward $3,300
Potential stop hunt before a bullish reversal
📈 Bullish Scenario:
Strong bounce from the OTE
Reclaim of the Supply Zone
Potential push back toward $3,400+ if volume supports it
🔥 5. Upcoming Catalysts
🕰 US Economic Data: Short-term volatility expected.
📊 Volume Confirmation: Critical for validating a bullish recovery.
🔎 Order Flow: Watch for fakeouts and liquidity traps around the OTE.
✅ Conclusion
👉 Gold just tapped a key OTE zone – a make-or-break level for the current structure.
📍 Key levels to watch:
4H FVG (~$3,380 - $3,400)
OTE Zone (~$3,320 - $3,330)
Deeper liquidity areas if the sell-off intensifies
⏳ Stay alert, as the market is likely to remain volatile in the short term.
The Trader’s Trinity: THE BIG 3 OF TRADING!Everyone talks about strategies, indicators, and secret setups.
But if you strip trading down to its core, three pillars separate the winners from the quitters.
me @currencynerd , i call them The Big 3:
✅ Mindset/ Psychology
✅ Risk Management
✅ Strategy/ System with edge
You master these — you grow.
You neglect even one — you stay stuck, or worse, blow up.
Let’s dig in.
🧠 1. Mindset: Your Inner Edge
Markets aren't just math — they’re emotion, fear, greed, and uncertainty.
Successful traders:
Stick to plans during volatility
Stay calm after wins or losses
Manage ego (no "I must be right!" trades)
Key mindset habits:
Journaling trades (and emotions)
Setting realistic expectations
Accepting losses as part of the game
🔔 Reminder:
The market doesn't owe you anything. Stay humble, stay focused.
💣 2. Risk Management: Your Lifeline
Risk management isn't sexy — until you realize it's the reason you survive long enough to succeed.
Never risk more than 1–2% of your account on a single trade
Use stop-losses religiously
Understand position sizing — bigger conviction doesn’t mean "bet the farm"
Be comfortable being wrong — because you will be, often
Quote to live by:
"Amateurs focus on returns. Professionals focus on risk."
You don’t need to win every trade. You just need to protect your downside.
📈 3. Strategy: Your Playbook
Strategy gets all the attention — but it's only powerful if Mindset and Risk are already in place.
Your strategy should answer:
When do I enter?
When do I exit?
How do I manage trades in between?
Good strategies:
Are tested (backtested and forward tested)
Are simple (complexity often kills execution)
Fit your timeframe and personality
Trend following, mean reversion, breakout trading, scalping — it doesn’t matter.
What matters is consistency and execution.
🚀 Why the Big 3 Matter More Than Anything Else
Mindset keeps you stable.
Risk Management keeps you in the game.
Strategy gives you direction.
Neglect one and your trading will eventually collapse — no matter how good the other two are.
Successful trading isn’t a magic trick.
It’s mastering boring basics, executed relentlessly.
Final Thoughts from @currencynerd
You don’t need to find the Holy Grail.
You just need to respect the Big 3:
Master your mind.
Respect your risk.
Stick to your strategy.
Most traders are searching for the secret.
Elite traders are perfecting the fundamentals.
Which group are you going to be in?
put together by : @currencynerd
courtesy of : @TradingView
XAUUSD - Entered Massive Supply Zone! Will It Dump or Break OutGold (XAUUSD) is currently trading at $3,429, testing a major supply zone on the 15-minute chart. Price has rallied over +2.84% today and is now facing a key resistance area that previously triggered sharp sell-offs.
Key Technical Zones:
Supply Zone (Resistance): $3,420 - $3,440
Price is now reacting to this heavy-volume resistance area. Watch for rejection or breakout confirmation.
Mid-Level Support: $3,344
Strong structure level where previous consolidations and rejections occurred.
Demand Zone (Support): $3,223 - $3,227
Price bounced from here with a strong bullish impulse. This is our major demand base.
What to Watch:
Bearish Scenario: Rejection from supply zone could send price back toward $3,344, then $3,227.
Bullish Breakout: Clean break and retest above $3,440 opens the door to new highs.
Confirmation Tools:
LuxAlgo's Supply & Demand Visible Range shows clear institutional activity in these zones.
Look for candlestick confirmation, volume spikes, or divergence signals for entries.
My Plan:
Watching closely for short setups near $3,440 unless we get a confirmed breakout. If rejected, I’ll target the $3,344 and $3,227 zones.
---
What do you think? Will gold break out or get rejected hard again?
Like and share if you find this helpful — let’s grow together!
Gold. Long-term Elliott Wave Structure.I'm showing this beautiful weekly chart since 1971 when president Richard Nixon ended the international convertibility of the US dollar to gold. The path followed by gold since that time, is a text-book Elliott wave structure where long term wave 3 has ended. Wave 4 resides at 900 dollars per ounce.
Daily Analysis- XAUUSD (Tuesday, 6th May 2024)Bias: Bullish
USD News(Red Folder):
-None
Analysis:
-Strong bullish momentum
-Looking for price to reach 0.618 fib level
-Potential BUY if there's confirmation on lower timeframe
-Pivot point: 3300
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.
XAUUSD:The bullish forces make a strong comeback.Yesterday, the gold market soared with an impressive rally. It started rising during the Asian trading session, continued the upward trend in the European session, and witnessed a further surge in the American session. Eventually, it closed at a high level, fully demonstrating the strong comeback of the bullish forces, which is by no means a short-term rebound. In the early trading session of today, we precisely seized the opportunity and placed two long positions near $3,325. Currently, we have successfully locked in the profits after the price reached a peak.
In the following period, we will focus on the price correction and pullback. Once the price stabilizes after the pullback, we will maintain a bullish outlook. If the price moves steadily during the European trading session, we can temporarily adopt a wait-and-see attitude. If the upward trend continues, the pullback before the American trading session will be an excellent opportunity to follow up. Overall, based on the judgment that the Asian, European, and American trading sessions will maintain a continuous upward trend in tandem, we will keep seizing opportunities to go long.
In the future, we will continue to monitor the market changes and update the trading strategies in real time.
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
Gold Price ActionHello traders! This is almost same setup or pattern as BTCUSD
If you look closely at the left side of the chart, you’ll notice multiple rejections from the same zone — forming a head-and-shoulders-style distribution. This area has now become a strong supply zone.
📌 What to Expect:
This is a high-probability short setup. If price taps into the supply zone again, it could trigger a strong move down, especially with liquidity already swept.
[ TimeLine ] Gold 5-6 May 2025📅 Today is Friday, May 2, 2025
📌 Upcoming Signal Dates:
May 5, 2025 (Monday) or
May 5 & 6, 2025 (Monday & Tuesday)
🧠 Trading Plan & Notes:
✅ Gold has undergone a significant reversal of over 2000 pips, from its ATH of 3500 down to 3200
⚠️ If the upcoming Hi-Lo range is wide, consider reversal entries or setups based on Fibonacci retracement levels
✅ I will personally be trading both signals as part of my research and ongoing strategy
⚠️ If you're risk-averse or uncertain, it’s okay to skip the May 5–6 signals
📋 Execution Plan:
🔹 Wait for the price range from the selected candles to fully form (marked by green lines on the chart)
🔹 Entry will be triggered upon breakout, including a 60-pip buffer
🔹 If SL is hit, cut/switch and double the position on the next valid setup for potential recovery
📉📈 Chart Reference:
🔗 Copy & paste this code into TradingView URL: TV/x/C5zZyXar/
Gold Potential Bullish ContinuationGold price still seems to exhibit signs of potential Bullish momentum as the price action may form a credible Higher Low with multiple confluences through key Fibonacci and Support levels which presents us with a potential long opportunity.
Trade Plan:
Entry : 3389.8
Stop Loss : 3345
TP 0.9 - 1 : 3430 - 3434
Waiting for FOMC news and profit taking action before that🔔🔔🔔 Gold news:
➡️ Gold prices came under heavy selling pressure early Wednesday, correcting sharply from a two-week high of $3,435. Fresh optimism over the upcoming U.S.-China trade talks and profit-taking ahead of the U.S. Federal Reserve’s policy announcements.
➡️ However, downside momentum will be limited as geopolitical tensions escalate globally, in the Middle East and Pakistan-India regions.
Personal opinion:
➡️ Investors are likely to stay on the sidelines and wait for the upcoming FOMC meeting, which will then shape the next direction. Gold prices could see a fresh rally if the Fed cuts rates in June due to concerns about the economic outlook, or vice versa. Therefore, the market today will not fluctuate too much until the news is announced
➡️ Analysis based on important resistance - support levels and Fibonacci combined with EMA to come up with a suitable strategy
Personal Plan:
🔆Price Zone Setup:
👉Buy Gold 3307- 3310
❌SL: 3303 | ✅TP: 3315- 3320 – 3325
👉 Sell Gold 3435- 3437
❌SL: 3442 | ✅TP: 3431- 3426 - 3420
FM wishes you a successful trading day 💰💰💰
XAUUSD – 30m Precision Buy from 79% Fib + Liquidity Grab📈 GOLD LONG CONTINUATION – May 7, 2025 | Smart Money Masterclass
Here’s a 🔥 textbook entry on XAUUSD, showing exactly how Smart Money engineered liquidity, tapped into the Fair Value Gap, and launched the price from deep Fib levels.
Let’s break this down like a true Chart Ninja:
🔍 KEY CONFLUENCES IN THIS SETUP:
🧠 FVG Respect: Perfect reaction from the imbalance zone (gray box)
💰 Liquidity Sweep: Triple low fake-out → "Buy-side Engineered Liquidity" ($ symbols)
📉 Descending Trendline Break: Acting as a final bear trap
🧲 Fib Retracement: Entry from deep golden pocket zone (between 70.5% and 79%)
📊 50% EQ Magnet Above: Price reacting towards premium inefficiency
🚀 Risk-Reward Setup: ~1:6 RR targeting imbalance fill around $3435
🏗️ Structure: Price built a base with multiple accumulation candles before break
📈 Trade Details:
🟢 Entry Zone: $3,388 – $3,393 (limit filled within FVG + Fib zone)
❌ SL: Just below 79% zone at $3,386
✅ TP: $3,435 (0% Fib level / top of the range + inefficiency)
📈 RRR: ~1:6 sniper level precision
⚙️ Execution Strategy:
Confirmation entry after inducement wick
FVG + Fib overlap = High probability zone
Optional scaling in across zone: 70.5%, 75%, 79%
First partials around $3,412, full TP at $3,435 zone
💬 Chart Ninja Quote of the Day:
"The best trades don’t chase price—they wait for price to chase them."
🔒 SETUP SUMMARY:
Timeframe: 30m
Bias: Bullish
Entry Type: Limit
Confluences: FVG + Fib + Liquidity Sweep
Trade Type: Reversal from Demand
Confirmation: Structure shift + Clean W bottom
💾 Save this setup and study it frame-by-frame.
📲 Share it with your trading crew who still think breakouts are reliable 😉