GOLD Eiffel Tower M pattern now completeI have been posting gold charts since February 2024. Both Bullish and GTFO charts. See below.
This current setup has presented a great risk-reward setup.
1. GTFO still remains firmly in place.
2. The lower high M pattern could be setting up for a corrective bull flag for more upside.
If the Eiffel Tower plays out. You will not be involved.
If the corrective pattern plays out, you will have a clear, solid buy signal.
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XAUUSD trade ideas
Is there still a chance for short sellers to make a profit?At present, gold continues to rebound to around 3230, and the intraday rebound has reached $100. Today, both short trades have touched SL, giving back most of the profits of the long positions in the morning. So are there still opportunities for shorts to make profits?
I think there are still considerable profit opportunities for shorts. Although gold has rebounded strongly to around 3230, it will soon face the short-term resistance area of 3240-3245, which happens to be the 38.2% split area when it retreats from 3435 to 3120, so this area has a certain suppression effect on gold in the short term! Then there is the suppression effect of the area around 3260; so I think there are still considerable profit opportunities for gold shorts. As gold rebounds, the short-term support below is raised to 3200-3190, followed by 3175-3165.
Trading strategy:
Consider trying to short gold in the 3235-3245 area, TP: 3200-3190
Can a V-shaped reversal continue the bull market?🗞News side:
1. Hamas official: If a permanent ceasefire is achieved, control of the Gaza Strip can be handed over
2. Fed Chairman Powell: The Fed is adjusting its overall policy-making framework. Zero interest rates are no longer a basic situation. The wording of underemployment and average inflation rate needs to be reconsidered. PCE is expected to fall to 2.2% in April.
3. Russia and Ukraine reached a ceasefire at the technical level
📈Technical aspects:
Yesterday, the gold price staged a V-shaped reversal and once rose to close near 3244. Although the technical indicators in the hourly chart show a favorable situation, there has been no correction in the current round of gold price increase, and the rise is slow. In addition, the RSI has entered the overbought area, so we need to be alert to the possibility of gold price correction today. Focus on the 3250-3260 resistance on the top and the 3210-3200 support on the bottom.
SELL 3245-3250 TP 3210-3200
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
OANDA:XAUUSD FX:XAUUSD TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD
Gold is losing its shine as the US and China move closerGold price (XAU/USD) has dropped below $3,300 and is now trading around $3,275 in the Asian session on Monday, pressured by a stronger US Dollar and optimism from US-China trade talks. Both sides reported “substantial progress” after two days of negotiations in Switzerland, reducing safe-haven demand for gold. However, ongoing trade uncertainties and geopolitical tensions may still provide some support. While military activity between India and Pakistan has eased following a ceasefire, the risk of conflict remains.
🔮 Expected Short-Term Scenario:
This week, gold (XAU/USD) may continue to face downward pressure due to positive expectations surrounding the US-China trade process, which reduces demand for safe-haven assets. If the US releases more favorable trade details, risk sentiment could improve, causing capital to flow out of gold. A stronger US Dollar also adds pressure to the metal.
🧭 Suggested Trading Strategy:
• If the price rebounds to the $3,275–$3,300 zone but fails to break through, consider shorting with targets at $3,240 or $3,200.
• Conversely, if the price breaks above $3,300, wait for confirmation to open a long position.
💡 Short-Term Trade Scenarios:
SELL XAU/USD Zone: $3,275 – $3,295
• TP1: $3,240
• TP2: $3,200
🚨 SL: $3,310
BUY XAU/USD Zone: $3,305 – $3,315
• TP1: $3,325
• TP2: $3,350
🚨 SL: $3,290
Gold Continues Ultra-Bearish —SHORT\Sell Easy Win, Easy ProfitsWith a lower high confirmed and a classic ABC correction developing, the situation for Gold (XAUUSD) is dismal. The bearish bias is confirmed.
Recently a bounce happened at the 0.382 Fib. retracement level. This is normal and standard but not bullish. The bounce happens because this is a strong support zone, but as soon as the bounce is over the resumption of the bearish move will happen.
What is more relevant here is the lower high and the very strong rejection after the big green session here marked as (B).
The strong green candle produced the highest close ever, the second highest price after the All-Time High. The ATH happened on a wick. In both instances, the market followed up with strong bearish action; that's the signal.
The signal is bearish because each time Gold reached high enough, the bears counteracted with massive selling. Notice the two big red sessions, the last two before the current one.
It is pointing lower. The decreasing volume is an additional and supporting signal for the bearish perspective. This is not a short-term drop, it is a major correction developing. SHORT/sell. Easy win, easy profits.
Namaste.
Gold, seems bullish due to support held (14.05.2025)Please go through chart information carefully.
There are many reasons behind the bulls who are gathering strength.
price breaks major trendline,
price breaks resistance zone now,
Price holds support region
Advice-
Our preference is as below:
XAUUSD BUY NOW @3230
TP1-3253
TP2-3270
TP3-3300
SL- As suggest in the chart
Gold fell below 3200 as expectedThe latest situation of gold at the 4-hour level. The 4-hour chart is currently in a downward trend. In the chart, yesterday’s high of 3265 is resistance. The moving average MA5-MA10 is in a dead cross, and the short-term is bearish. Yesterday, it was under pressure above 3260, but the market fell back afterwards. Recently, it has maintained a trend of continuously moving downward lows. 3200 is support in the chart. Now that it has broken through 3200, it is expected to continue to fall back to 3160-3150. In terms of operation, rebound is mainly short.
XAUUSD-Bearish Setup Within Descending ChannelHello, traders
This chart of XAU/USD (Gold Spot) on the 4-hour timeframe shows a clear descending channel, indicating a bearish trend. Price is currently near the upper boundary of the channel, around a previous support-turned-resistance zone. The chart suggests waiting for bearish confirmation before entering a short position.
Key observations:
Price has failed to break above resistance and is showing signs of rejection.
A bearish confirmation (e.g., strong bearish candle or lower high) could signal continuation toward the lower boundary of the channel.
The target is around 3151, aligning with the channel's support and a previous demand level.
In summary: the bias is bearish, and traders are advised to wait for confirmation before shorting, with a target near 3151.
TP1: 3,200 – Near recent minor support, useful for partial profit-taking.
TP2: 3,151 – Main target shown on the chart, aligned with the lower boundary of the descending channel and a strong previous support zone.
You could also trail your stop after TP1 to lock in profits if price continues to move lower.
GOLD ROUTE MAP UPDATEHey Everyone,
Great finish to the week with our chart idea playing out, as analysed.
After completing our Bullish targets 3282, 3343 and 3404 yesterday; we stated that no further cross and lock above 3404 confirmed the rejection and that price will find support at lower Goldturns for the bounces.
- This played out perfectly inline with our plans to buy dips. Price found support at 3282 Goldturn and gave the weighted bounce just like we analysed.
BULLISH TARGET
3282 - DONE
EMA5 CROSS AND LOCK ABOVE 3282 WILL OPEN THE FOLLOWING BULLISH TARGET
3343 - DONE
EMA5 CROSS AND LOCK ABOVE 3343 WILL OPEN THE FOLLOWING BULLISH TARGET
3404 - DONE
We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead.
Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Gold Bounces After Fake Break — More Upside AheadGold ( OANDA:XAUUSD ) fell to the Support zone($3,280-$3,240) as I posted yesterday ( Full Target) .
Gold started to rise again after making a Fake Break below the Support lines .
Gold is trading above the Resistance zone($3,330-$3,320) .
In terms of Elliott Wave theory , it seems that Bitcoin completed the main wave C with the help of the Ending Diagonal .
Educational note : The Ending Diagonal in Classic Technical Analysis is the Falling Wedge Pattern .
I expect Gold to resume its bullish trend, at least for the short term , and to at least $3,356 .
Note: If Gold breaks the Support lines with high volume, we can expect further declines.
Note: Worst Stop Loss(SL) = $3,031
Gold Analyze ( XAUUSD ), 15-minute time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
High probability bullish setup forming (Bullish Market) - ICTPrice has just aggressively tapped into my Daily OTE (Optimal Trade Entry) zone, indicating a potential reaction from institutional players within a clear imbalance area.
Currently, price is interacting with a significant bullish orderblock, and is only a few pips away from a breaker block, adding further weight to the potential for a Smart Money-driven reversal.
Additionally, a BISI (Balanced Imbalance) is present just below, offering structural support and further validating a possible bullish continuation.
This confluence of factors — OTE, Orderblock, Breaker, and BISI — creates a high-probability context for a bullish scenario, with the expectation that price will seek out the liquidity resting above previous structural highs.
I’m now actively monitoring lower timeframes for a Market Structure Shift (MSS) or a confirmed Change of Character (CHoCH) to execute a precise long entry aligned with institutional flow.
Gold XAUUSD Possible Move 15.05.2025Key Supply Zones to Watch for Short Opportunities:
3170–3175 Zone:
→ Strong supply area.
→ If price rejects this zone with confirmation (e.g., bearish engulfing, M5/M15 BOS or CHoCH), enter sell.
3150–3155 Zone:
→ Mid-level supply.
→ If price fails to reach 3170 and breaks below this level, wait for a break & retest of this zone for potential sell entries.
📉 Trade Signal (Sell Bias):
Scenario 1 – Rejection at 3170–3175:
Sell Entry: On confirmation at 3170–3175
SL: Above 3178
TP1: 3155
TP2: 3145
TP3: 3125 (final target – next demand zone)
Scenario 2 – Break of 3150–3155:
Sell Entry: On retest of 3150–3155 zone after breakdown
SL: Above 3160
TP1: 3135
TP2: 3125
✅ Confirmation Tools:
Candlestick pattern (e.g., bearish engulfing / M15 BOS)
Lower timeframe structure shift (M5-M15 CHoCH)
Volume spike or momentum fade at zone
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XAU/USD finds support at $3,250 - Where to from here?The Gold price rally has halted, as “double-top” candle chart appears to be soon confirmed, which in reverse could send XAU/USD prices toward the $3,000 figure and beyond. Momentum shows that buyers' strength is fading and that sellers are stepping in following a softer-than-expected US inflation report and weaker global outlook as market awaits further confirmation on US-China trade deal.
For a reversal of trend double-top confirmation, sellers must clear the May 1 low of $3,202. Once cleared, the next stop would be $3,100 and $3,000 respectively. However, in the interim, short term support level of $3,250 is holding well with a provisional level of both, natural support and 50% fibonacci level adding an additional cluster zone within that last major range.
Conversely, break above $3,300 will most like add another level of conviction for buyers to face the next resistance at $3,350. If surpassed, the next ceiling level would be an all time high of $3,501 and beyond. However, for gold to appreciate and continue its long term uptrend, new macro catalyst would need to emerge, as markets anticipate and turns to this Thursdays Retail sales and Jerome Powell's Fed speech.
"Gold’s Golden Opportunity: Riding the Uptrend with Confidence"The gold chart shows that the main trend is upward, with strong support levels at $3,000 and $2,945, and resistance levels at $3,400 and $3,500. The chance of a rise (65%) is higher than a drop (35%), especially if the support levels hold and positive news (like lower inflation) continues. My strategy is to buy at the $3,000 support, aiming for $3,500, with a stop-loss below $2,945. In my journal, I’ll note to stay patient and avoid getting emotional, as I see gold’s long-term value, just like Warren Buffett.
For you: If you’re a beginner, start with a small amount (e.g., 1% of your capital) at the $3,000 support and set a stop-loss. This is my personal opinion—do your own research! 😊
XAUUSD Gold Possible Move 14.05.2025Market Structure:
Gold was previously trading within an ascending channel but has broken below the channel, indicating possible bearish momentum. Price is currently hovering around the 3,234–3,238 retest zone.
Key Levels to Watch:
Channel Re-entry Zone: 3,235 – 3,238
Resistance Above: 3,258 and 3,278 (next major target)
Support Below: 3,207 (recent low); break below opens up 3,190 and 3,175 zones
Scenarios:
🔹 Bullish Scenario:
Entry Trigger: M30 or H1 candle closes inside the channel above 3,238
Target 1: 3,258
Target 2: 3,278
Invalidation: M30/H1 closes back below 3,235 after re-entry
🔹 Bearish Scenario:
Entry Trigger: Price fails to reclaim 3,235–3,238 zone and forms rejection wicks / bearish engulfing
Target 1: 3,207
Target 2: 3,190–3,175 (if 3,207 fails)
Invalidation: Strong bullish candle closes above 3,238 with follow-through
🕒 Trading Tip:
Wait for confirmation via M30/H1 candle closes – do not jump in on first wick. Patience pays off in breakout-retest situations.
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GOLD - rebound before the fall continuesGOLD is testing key support. The price approached from afar and quite sharply. On high volatility the level will be difficult to break through and we should wait for correction
Within the framework of correction gold may test 0.5 - 0.7 Fibo and turn around to continue its fall.
Scenario:
False break of support 3200 - 3203, consolidation above the level and correction to 3222. From 3222 we can consider the continuation of the fall