Gold has a strong bullish momentum, could it rise further?The price is falling towards the pivot and could bounce to the 1st resistance, which is a pullback resistance.
Pivot: 3,287.49
1st Support: 3,240.33
1st Resistance: 3,413.48
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
XAUUSD trade ideas
XAU/USD Outlook: Will Gold Open with a Bullish Gap?XAU/USD Outlook: Will Gold Open with a Bullish Gap?
Date Range: 26th – 30th May 2025
Timeframe: H4 (4-hour chart)
Market Bias: Short-term bullish
🔍 Fundamental Analysis
US–China Trade Tensions:
China halting imports of US goods puts pressure on the dollar (gold tends to move inversely).
Escalating tensions support gold as a safe-haven asset.
Tariff Threats to the EU:
Trump proposes 50% tariffs on EU products → potential retaliatory measures raise global uncertainty.
Risk-averse sentiment may push capital into gold.
Physical Gold Demand:
High seasonal demand from India and China ahead of festivals.
Inflation fears globally increase gold's appeal.
🌍 Macro Overview
Monetary Policy:
The Fed may face pressure to cut rates if trade tensions weaken the economy → bearish for USD, bullish for gold.
PBOC could devalue the yuan in response to trade friction, boosting gold prices in USD terms.
Market Sentiment:
A potential rise in the VIX (fear index) may drive investors towards safe havens like gold.
Strong demand for physical gold and ETFs, particularly in Asia, continues to support price.
Key Events This Week:
US Core PCE (inflation indicator)
US Consumer Confidence
EU and China responses to recent US trade policy
📊 Technical Analysis (H4)
Trend: Clear ascending channel
Current Price: 3,407.554
Key Resistance Levels:
3,407 – 3,444 (major resistance zone)
3,444.436 = potential all-time high
Support Zones:
3,361.648 (channel midpoint)
3,325.347 (lower channel boundary)
Fair Value Gaps (FVG):
FVG 1: 3,361 – 3,407
FVG 2: 3,325 – 3,340
Price Action Note:
A doji candle near resistance suggests a possible short-term pullback before continuation
🔄 Possible Scenarios
🔼 Bullish Scenario (60% probability):
Break above 3,444 with momentum could trigger a bullish gap and extend toward 3,500
Strong fundamental and technical support for upside
🔽 Bearish Scenario:
Rejection from 3,444 may lead to a pullback toward 3,361 or even 3,325 for buy setups
💡 Trade Plan
✅ Long Setup:
Entry: 3,361 – 3,370 (pullback into FVG or mid-channel support)
Take Profit: 3,444 (TP1), 3,500 (TP2)
Stop Loss: Below 3,325
❌ Short Setup (only on confirmed rejection):
Entry: On clear rejection at 3,444 (e.g. bearish engulfing or head & shoulders pattern)
Take Profit: 3,361
Stop Loss: Above 3,444
⏰ Optimal Trading Times
Monitor market open (Sunday, 26th May) for confirmation of a potential bullish gap
Best liquidity during London and New York sessions
📝 Summary:
Gold is well-positioned for a bullish move amid escalating trade tensions and USD weakness.
Watch closely for a breakout above 3,444 or a retracement to 3,361 as a strategic buy zone.
Stay updated on US inflation data and trade policy developments to adjust accordingly.
Gold (XAU/USD) – Inverse Head & Shoulders Breakout Setup🧠 Chart Pattern Identified: Inverse Head & Shoulders
🟡 Left Shoulder ➡️ Formed at a local dip.
⚫ Head ⬇️ Deepest low around 3,274.103.
🟡 Right Shoulder ➡️ Bouncing near the same zone.
🔁 This is a classic bullish reversal pattern — a break above the neckline could signal a strong upside move.
📊 Key Levels & Zones
🔵 Support Zone:
🟦 Area: 3,274 – 3,294
✅ Strong bounce seen here (highlighted by the head and shoulders base)
🔵 Resistance Zone:
📏 Just below 3,305 (marked as neckline)
✋ Price must break this to confirm the reversal
🔵 Target Point:
🎯 3360 📈
📏 Based on the height from head to neckline
🔵 Stop Loss Zone:
❌ 3,274.526
🔻 Below the head for safe risk control
⚙️ Trading Setup Summary
🔹 📍 Entry Point:
📌 Around 3,294.449
🚪 Enter on breakout above neckline
🔹 🎯 Target Point:
🏁 3360
🔹 🛑 Stop Loss:
🚫 3,274.526
🔹 Risk-Reward Setup:
🔍 Targeting a move of ~65 points
⚖️ Risk of ~20 points → solid R/R ratio
📈 Indicator:
🧮 EMA 70 ➡️ 3,305.005
⏳ Price currently testing it — a break above EMA would boost bullish confirmation.
📅 Economic Events:
📆 Multiple event icons suggest upcoming news — expect volatility!
⚠️ Be cautious during these times.
✅ Final Thoughts:
📊 Pattern suggests a bullish breakout is near 🚀
🔒 Use stop-loss and enter after breakout to manage risk effectively
🎯 Keep an eye on volume during breakout — it confirms strength
How Forex Brokers Manipulate Your Trading. Real Examples
Your Forex broker could be manipulating your trades right now - and you would not even know it.
They can rig your charts, trap you in losing trades and steal your money.
In this article, I will expose how they do it, I will show you a real example how broker's manipulations can lead to bad trading decisions and significant losses.
What I’m about to show you will change the way you trade forever, and you’ll never look at your trading charts the same way again.
The story started with a trading live stream in my academy with my students.
We spotted a nice setup to trade.
We found a strong 4H support on Silver with a confirmed liquidity grab after its test.
As a confirmation, we identified a cup & handle pattern on an hourly time frame and a breakout of its neckline with a bullish imbalance.
When I got my entry signal, I opened my trading terminal to execute the trade.
And the way I trade is very specific: I use TradingView for chart analysis BUT I have a separate trading terminal for trade execution.
When I opened the same setup in my trading terminal, I saw a completely different picture and a strong bearish signal.
The broker that I use for technical chart analysis is OANDA , while my trading terminal uses ICMarkets quotes.
On the right is the price chart of SILVER with IC.
There we can see a valid breakout and a candle close below the support with its consequent retest.
From a price action perspective, it is a strong signal to sell .
I got a strong feeling that some kind of manipulation is going on here, so I decided to check Silver charts of other brokers.
Only the broker that I used for market analysis on TradingView provided a bullish signal, while other brokers had very bearish charts on Silver.
It looked very suspicious and felt like OANDA broker was inducing me to buy, knowing that the price is going to drop. So I made a decision not to take a trade.
Look what happened then.
After a retest of a broken support, Silver dropped sharply.
Checking the same trading setup on different brokers' charts can help you to avoid the manipulation.
My simple decision to examine more charts helped to avoid a losing trade.
I strictly recommend you doing the same thing before you place a trade.
IF you see a strong deviation of your charts from other brokers, stay alert and vigilant. Probably it is not a good idea to open the trade.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
XAUUSD Elliott Wave . Wave (5) Targeting $3,700 After Pullback!The chart you’ve shared is a **2-hour Gold Spot (XAUUSD) analysis** using **Elliott Wave Theory**. Here's a clear breakdown of what’s happening:
---
### 🧠 **Technical Summary:**
* **Larger Structure:** The chart shows a 5-wave Elliott Wave sequence. Waves (1) to (4) have already completed.
* **Current Situation:** The market is likely in a subwave structure of wave (5), with a small 5-wave formation labeled in **red** within the final wave (5).
* **Trend Channel:** The price broke out of the descending channel formed between waves (3) and (4), signaling a bullish breakout.
* **Pullback Zone:** A minor correction is expected before the final push upward, targeting the **\$3,650–\$3,700** area.
---
### 🔍 **Key Observations:**
* 📉 **Corrective Wave Complete:** The drop from (3) to (4) formed a falling wedge/channel — typical in wave 4 corrections.
* 📈 **Impulse Wave Starting:** A new 5-wave upward impulse appears to be forming within wave (5).
* 🧱 **Demand Zone Highlighted:** A retracement into the support zone (\~\$3,250–\$3,270) is anticipated before a rally.
* 🎯 **Target Zone:** The final wave (5) is projected to hit between **\$3,650–\$3,700**, marked by the green target box.
---
### 📌 **Outlook:**
* ✅ **Bullish Bias:** Long-term wave structure favors more upside.
* ⚠️ **Short-term Dip Possible:** A drop toward the demand zone is expected before further rally.
* 🕰️ **Timing:** Expect the final wave (5) to complete by early June, based on current structure.
---
### ⚠️ **Disclaimer:**
This analysis is for educational purposes only. Always manage risk properly and consult your own analysis or financial advisor before trading.
Let me know if you'd like a trading plan or want this chart translated into a Pine Script/EA.
XAU/USD Technical Analysis – 4H Chart Overview🔍 Current Market Position
Price: $3,358.125
Currently near resistance zone ($3,420–$3,470)
Historical reaction in this zone shows multiple rejections 🛑
📌 Key Levels
🔺 Resistance Point: ~$3,420–$3,470
Rejected here 3 times ➡️ strong supply zone
🔻 Support Level: ~$3,150
Past price bounced here multiple times 🟠
💪 Strong Support: ~$2,950
Major bounce seen in early May 👊
🧭 Pattern Outlook
Repeated resistance test 🔁 ➡️ potential double/triple top
📉 Blue arrow suggests bearish projection towards $3,050–$2,950
If support at $3,150 fails 🔓, expect deeper drop to strong support
🔮 Forecast
🔽 Bearish Bias
High chance of reversal from resistance
Target: $3,050 and possibly $2,950 🎯
⚠️ Watch for
Price Action at Resistance: Rejection = short opportunity 🔧
Break of $3,150 Support: May accelerate bearish move 🧨
📌 Summary:
Market shows clear resistance rejection history. If it plays out again, we may see a strong drop toward lower support zones. Ideal for short setups 📉💼
XAUUSD DAILY OUTLOOK – MAY 26, 2025📍 Current Price: 3,358
Bias: Bullish momentum with “caution” – ready for liquidity sweeps and potential intraday trap moves.
📈 Quick PA/Trend/Risk Check
Trend: Bullish, but price hit major supply; expect high volatility.
Price Action: Multiple daily wicks = indecision, liquidity traps both sides.
RSI: Still in overbought territory on D1, but not at extremes.
EMAs: All trending up, with 21/50 EMA as bounce supports below price.
🌍 Macro/Mood/News
Geopolitics: Middle East + Fed talks = increased headline risk, no clear direction.
News: US inflation, FOMC, and “risk-off” spikes could trigger traps into supply or deep sweeps into demand.
⚡️ How to Use
Don’t chase breakouts!
Wait for M5/M15 confirmation (BOS/CHoCH or engulf) at the above zones.
Watch for liquidity sweeps and fakeouts, especially into 3,415–3,440 and 3,305–3,325.
Use RSI/EMA/FVG as extra confluence for your entry confirmation.
🎯 Key Levels Table – Copy/Paste Ready
POI Level Bias
Premium Trap 3,415–3,440 Watch for fake breakout/sell
Sell Zone 3,388–3,408 Short if rejected strongly
S/R Flip 3,360–3,375 PA Magnet
Support #1 3,305–3,325 Bullish bounce
Support #2 3,199–3,220 Bullish bounce
Deep Discount 3,012–3,040 Last-resort buy
Stay focused, don’t force trades – sniper mode only!
Drop a comment, follow, and join the conversation!
— GoldFxMinds (GoldMindsFX)
Technical Analysis: XAU/USD (Gold) Price Action📊 Technical Analysis: XAU/USD (Gold) Price Action
🕒 Timeframe: 4H (Based on candlestick structure)
📅 Published: May 27, 2025
💰 Current Price: 3,303.860
🔴 Major Resistance Zone
📍 3,480 – 3,500
📌 Seen with red arrows and price rejections.
📉 Strong selling pressure has occurred twice from this level (double top-like behavior).
❗ Until price breaks above this, bulls face a major hurdle.
🟣 Key Mid-Level Zone (S/R Flip)
📍 3,340 – 3,360
🔄 This area has flipped between support and resistance.
🔸 Price tested this level recently and pulled back (orange circle), suggesting sellers are active.
🔮 This is the pivot zone – watch for break/rejection to determine next trend leg.
🟪 Main Support Zone
📍 3,180 – 3,220
✅ Multiple bounce reactions visible (green arrows and circles).
💪 This zone has held strong; indicates solid buyer interest.
📉 If price returns here and breaks below, we could see further downside to 3,120 or lower.
🧭 Market Structure Summary
🔁 The market is in a range-bound structure between 3,220 – 3,360, with spikes towards 3,480.
🔃 The recent higher low followed by rejection at mid-resistance suggests potential distribution.
🧠 Forecast Scenarios
🔵 Bullish Scenario (Blue Path)
Break above 3,360 → Retest as support → 📈 Potential rally to 3,480
📍 Target: 3,480+
🟢 Confirmation: Strong bullish engulfing candle + volume surge
🔻 Bearish Scenario (Blue-Arrow + Orange Circle)
Rejection at current resistance → Drop toward 3,220
📍 Target: Main Support zone
❗ Watch for bearish candle pattern confirmation at 3,340
⚖️ Trading Strategy Tips
🔍 Wait for confirmation at the mid-resistance before entering.
🛡️ Place stops below support zones for long positions.
💥 Aggressive short sellers may look to enter near 3,340 with tight stops above.
🧩 Conclusion
The asset is in a critical decision zone. Whether it breaks higher toward the resistance or retraces to support will shape the next directional move. Traders should remain cautious, and let price action confirm bias before committing.
Gold Holding Pattern – Key Resistance AheadHey, friends
On the 4-hour time frame, TVC: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.
So keep an eye on those areas!
#GOLD #forextrading
Bearish reversal off pullback resistance?The Gold (XAU/USD) is rising towards the pivot, which acts as a pullback resistance and could reverse to the 1st support, which has been identified as a pullback support.
Pivot: 3,284.50
1st Support: 3,205.30
1st Resistance: 3,232.71
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
What a day on Gold! We completed a mega pip capture on the long into the Excalibur target and red box barrier only to then get the RIP that we wanted in order to capture that short trade downside completing another phenomenal pip capture and target.
Our red box indicators performed well as well as the algo allowing our traders to navigate their way on the swing and the scalps.
Now we have support below at the 3290 level which needs to break to go lower, otherwise resistance above is at the red box 3310-15 which could be the destination for the close.
As always, trade safe
KOG
Trading Signals for GOLD buy above 3,347 (7/8 Murray - 21 SMA)Early in the American session, gold is trading around 3,339, rebounding after reaching the 21SMA at 3,327. Gold could continue its bullish cycle if it consolidates above 3,320 in the coming hours.
If the bullish outlook for gold remains valid, it could reach 3.360. the price level from Friday of last week, and could even continue rising to 3,437 around the 8/8 Murray level.
Selling pressure, gold price falls below 3300⭐️GOLDEN INFORMATION:
Gold prices continued to retreat during Wednesday’s North American session, slipping below the $3,300 mark after reaching an intraday high of $3,325 earlier. The pullback, amounting to a 0.27% decline, came as traders absorbed the implications of the latest Federal Reserve (Fed) meeting minutes.
During the May 6–7 policy meeting, the Fed opted to leave interest rates unchanged, highlighting growing uncertainty surrounding the economic impact of proposed tariffs. Officials maintained a cautious stance, citing heightened risks of both inflation and unemployment—potential consequences of trade disruptions.
The minutes also reflected concerns over stagflation, with policymakers noting that “the Committee may face challenging trade-offs if inflation proves more persistent while growth and employment expectations deteriorate.”
⭐️Personal comments NOVA:
The downtrend line remains intact, gold prices are trading around below 3300. The tariff backdrop remains largely unchanged.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3311- 3313 SL 3318
TP1: $3300
TP2: $3290
TP3: $3280
🔥BUY GOLD zone: $3205- $3207 SL $3200
TP1: $3218
TP2: $3230
TP3: $3248
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
Bulls rebounded as expected, aiming at 3400!
Gold bottomed out and rebounded as expected today. Gold opened at 3300 today, and the lowest level fell back to 3291 to start the rebound. So far, the highest level has reached 3325. The support below gold is still relatively strong, but the pressure above is also relatively large, so yesterday and today's performance was relatively stable, mainly with small fluctuations. Today in the European and American sessions, we continue to pay attention to the support of 3290-3300. In terms of operation, if the price does not break, continue to increase. If your current gold operation is not ideal, I hope that your investment will take fewer detours. Welcome to communicate and exchange!
From the 4-hour analysis, the support below gold will focus on 3290-3295 later, and the upper pressure will be around 3335-3340. The short-term long and short strength watershed is 3275-3283. Before the daily level falls below this position, continue to look at the long and short shock range, and keep the main tone of high-altitude low-multiple cycle participation unchanged. I will remind you of the specific operation strategy during the session, so please pay attention to it in time.
Gold will go long if it falls back to 3295-3300, and cover long position if it falls back to 3280-3285. The target is 3316-3320, and the target is 3338-3345 if it breaks.
GOLD XAUUSD PLAN – MAY 23 IS GOLD READY TO SURGE AGAIN?GOLD XAUUSD PLAN – MAY 23 | GEOPOLITICAL RISKS FLARE UP – IS GOLD READY TO SURGE AGAIN?
🌍 MACRO CONTEXT:
Iran-Israel-US Tension: Iran has warned that if Israel attacks its nuclear facilities, the U.S. will also be held responsible. Tehran vows to take “special measures” to protect its nuclear program, and has filed formal complaints with the UN. Markets are reacting sharply to this growing geopolitical risk.
Goldman Sachs Alert: Goldman Sachs recommends gold and crypto (Bitcoin) as safe-haven assets amidst soaring bond yields, fiscal crisis fears, and a failed 20-year U.S. Treasury auction. They warn that rising yields are now posing serious threats to equities while the dollar faces longer-term pressure.
📉 TECHNICAL OUTLOOK (M30):
Price has bounced off the 3303 zone, and is showing signs of a bullish breakout if 3360 is taken out.
There is a clear Fair Value Gap (FVG) above 3360–3380, which has yet to be fully filled. Below, the untested FVG zone near 3274–3250 remains vulnerable if support fails.
EMA 13 is trending above EMA 34 and EMA 200 → bullish bias remains valid as long as 3274 holds.
🔑 KEY LEVELS TO WATCH:
SELL Side Key Level: 3358–3360 → A breakout above this zone could lead to a retest of ATH near 3400–3450.
BUY Side Key Level: 3276–3274 → Losing this zone could push gold back below 3200, targeting deeper correction levels.
📈 TRADE SETUPS:
🔵 BUY ZONE: 3276 – 3274
SL: 3270
TPs: 3280 → 3284 → 3288 → 3292 → 3296 → 3300
🔵 BUY SCALP: 3304 – 3302
SL: 3298
TPs: 3308 → 3312 → 3316 → 3320 → 3325 → 3330 → 3340
🔴 SELL ZONE: 3376 – 3378
SL: 3382
TPs: 3372 → 3368 → 3364 → 3360 → 3350
🔴 SELL SCALP: 3344 – 3346
SL: 3350
TPs: 3340 → 3336 → 3332 → 3328 → 3324 → 3320
🧠 FINAL THOUGHTS:
Gold remains highly sensitive to geopolitical headlines and macro instability. As long as the 3303 support area holds, look for bullish continuation towards FVG highs. Break below 3274 may shift the bias sharply to the downside. Stay alert — volatility is expected to rise ahead of the next U.S. data and developments in the Iran nuclear issue.GOLD XAUUSD PLAN – MAY 23 | GEOPOLITICAL RISKS FLARE UP – IS GOLD READY TO SURGE AGAIN?
🌍 MACRO CONTEXT:
Iran-Israel-US Tension: Iran has warned that if Israel attacks its nuclear facilities, the U.S. will also be held responsible. Tehran vows to take “special measures” to protect its nuclear program, and has filed formal complaints with the UN. Markets are reacting sharply to this growing geopolitical risk.
Goldman Sachs Alert: Goldman Sachs recommends gold and crypto (Bitcoin) as safe-haven assets amidst soaring bond yields, fiscal crisis fears, and a failed 20-year U.S. Treasury auction. They warn that rising yields are now posing serious threats to equities while the dollar faces longer-term pressure.
📉 TECHNICAL OUTLOOK (M30):
Price has bounced off the 3303 zone, and is showing signs of a bullish breakout if 3360 is taken out.
There is a clear Fair Value Gap (FVG) above 3360–3380, which has yet to be fully filled. Below, the untested FVG zone near 3274–3250 remains vulnerable if support fails.
EMA 13 is trending above EMA 34 and EMA 200 → bullish bias remains valid as long as 3274 holds.
🔑 KEY LEVELS TO WATCH:
SELL Side Key Level: 3358–3360 → A breakout above this zone could lead to a retest of ATH near 3400–3450.
BUY Side Key Level: 3276–3274 → Losing this zone could push gold back below 3200, targeting deeper correction levels.
📈 TRADE SETUPS:
🔵 BUY ZONE: 3276 – 3274
SL: 3270
TPs: 3280 → 3284 → 3288 → 3292 → 3296 → 3300
🔵 BUY SCALP: 3304 – 3302
SL: 3298
TPs: 3308 → 3312 → 3316 → 3320 → 3325 → 3330 → 3340
🔴 SELL ZONE: 3376 – 3378
SL: 3382
TPs: 3372 → 3368 → 3364 → 3360 → 3350
🔴 SELL SCALP: 3344 – 3346
SL: 3350
TPs: 3340 → 3336 → 3332 → 3328 → 3324 → 3320
🧠 FINAL THOUGHTS:
Gold remains highly sensitive to geopolitical headlines and macro instability. As long as the 3303 support area holds, look for bullish continuation towards FVG highs. Break below 3274 may shift the bias sharply to the downside. Stay alert — volatility is expected to rise ahead of the next U.S. data and developments in the Iran nuclear issue.
Gold Rising in the Short Term: Is a Breakout the Goal?Hello to all dear traders!
In general, Gold has gone through a very strong rally for some time, but I don't think this will continue to happen consistently in the future. As we can see, gold prices continue to benefit from various factors in the international market from the USD halting its upward momentum for four consecutive weeks and pulling back, to geopolitical tensions in many regions that have yet to ease. Most recently, the move by the U.S. President regarding the potential imposition of high tariffs on imported goods from the EU.
The market structure is beginning to show signs of exhaustion, as such overbought conditions often lead to significant pullbacks, supporting necessary corrections.
Although the long-term trend remains optimistic, I believe early next week may witness a short-term pullback.
We can see that gold is currently facing rejection just above the upper boundary of the ascending channel on the 4-hour chart, a zone that also aligns with a low-volume area. At this level, around 3,350, I don’t recommend chasing the highs. Unless this zone is clearly broken with confirmation, entering long positions here would be more of an emotional decision than a strategic one.
In my view, this remains a market where buying on dips makes more sense. Consider accumulating on pullbacks and holding until we revisit the 3,500 level once again.
In the long run though the bias remains bullish with potential to challenge the 3,435 and as well as 3,500 in the big picture.
But if you're watching for buys:
Observe price behavior on Monday
Only enter positions when the bullish structure is maintained
Avoid FOMO; buy only when there’s a clear breakout signal with a confirmed candlestick pattern
For sells:
Prioritize when there is a clear bearish rejection candlestick on H4 or Daily
Do not enter if there is no solid confirmation signal
ANTICIPATING HIGHER PRICES ON GOLDMY NARRAVTIVE AND ENTRY
From the daily time frame down to the 4H time frame price is bullish. Price retraced lower just to take out sell side liquidity resting below the 4H range low, after price has taken 4h range sell side liquidity, on the 15m i waited for a bullish market structure shift (mss) and bullish trend confirmations before taking my entry. next draw on liquidity is most likely gonna be 3366.70
Weekly Analysis For XAUUSD (stress free trading) Weekly Analysis for Goldie (May 26–30)
From last week's analysis, we’re still on track and the move was fueled by news as expected. (just following Technical levels)
Gold broke the trendline clean and retested it, with structure still holding bullish. Price rejected around 3365, which aligns with the 4H fib (23%) and a minor supply zone. volume faded on Friday due to the early US close and the long weekend.
Powell’s speech is set for early Monday before the market opens. If he leans dovish or hints at rate cuts, gold could break above 3371 and push toward 3430 or even 3498. But if he stays hawkish, we might get another rejection at 3365 and a pullback to 3330 or even 3292 though the bullish bias remains intact unless 3244 breaks.
On the macro side, US/EU tariffs kicking in June 1 ongoing (but still unresolved) Iran talks, Trumps new tax bill adding more debt, and the Moody’s downgrade of the US credit outlook all lean toward further upside for gold. COT data also shows instiution still holding strong net long positions in gold.
⭐️ Expect low NY session volume on monday due to the US holiday. Key zones to watch 3371 for breakout continuation, 3330 and 3292 for pullback buys, and 3365 for short-term scalp rejections. Overall bias remains bullish with strong structure and macro confluence.
XAUUSD Footprint Analysis – Bullish Absorption in Play 📊 Instrument: XAUUSD (Gold/US Dollar)
We're seeing signs of buyer absorption and a potential shift in short-term momentum.
🔍 Key Observations:
Strong Buy-Side Delta at 08:25–08:30 PM (+216, +217) with decent volume suggests aggressive buyers are stepping in.
Prior heavy sell volume (e.g., 2.63K total @ 08:10 PM with -103 delta) failed to break support, hinting at seller exhaustion.
Recent candles are consolidating with light volume and balanced delta, indicating a pause or re-accumulation phase.
🧠 Bias: Mild Bullish-to-Neutral
Holding above 3,335 shows price stability after prior selling.
Watch for a break above 3,338–3,340 to confirm bullish continuation.
Break below 3,334 with aggressive selling would invalidate the current thesis.
📌 Trade Idea (Not Financial Advice):
Long bias above 3,338 with tight risk parameters.
Waiting for confirmation via delta expansion and volume buildup.
Discipline | Consistency | Patience
Are you paying attention to him!?Hello friends
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Considering the growth that has been made, I consider this wave that is forming to be the last wave of gold growth.
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We should gradually expect a decline in gold, because we have seen its targets technically and fundamentally and we should expect a decline.
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