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GOLD / US DOLLAR GRAMGOLD / US DOLLAR GRAMGOLD / US DOLLAR GRAM

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XAUUSDG trade ideas

Bulls push price to 3360, prepare for PMI⭐️GOLDEN INFORMATION: Gold prices climbed over 0.50% on renewed safe-haven demand, holding firm above the $3,300 threshold as investor anxiety grows ahead of the U.S. tax bill vote and mounting geopolitical tensions in the Middle East. At the time of writing, XAU/USD trades around $3,317, rebounding from an intraday low of $3,285. Sentiment remains fragile, with U.S. equity markets slipping into negative territory and Treasury yields ticking higher. All eyes are on the impending vote on President Trump’s tax reform proposal, which the Congressional Budget Office (CBO) estimates could inflate the national debt by approximately $3.8 trillion. Uncertainty around the fiscal outlook continues to fuel demand for gold as a defensive asset. ⭐️Personal comments NOVA: Gold price recovered well, pay attention to the price zone 3358. Adjusted down, continued to accumulate around 3300 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3358- 3360 SL 3365 TP1: $3350 TP2: $3337 TP3: $3322 🔥BUY GOLD zone: $3264- $3266 SL $3259 TP1: $3275 TP2: $3288 TP3: $3300 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
OANDA:XAUUSDLong
by Nova-Scalper
2
GOLD MARKET ANALYSIS AND COMMENTARY - [May 19 - May 23]During the week, OANDA:XAUUSD fluctuated strongly, falling from $3,292/oz to $3,120/oz and then recovering to $3,202/oz. The main reason was that the US and China reached a trade agreement, according to which the two sides agreed to significantly reduce tariffs from May 14, creating positive sentiment for the market. This week’s gold sell-off was the steepest since mid-June 2021, even steeper than the drop after Donald Trump’s election victory in November 2024. President Trump said there are currently about 150 partners who want to negotiate trade with the US, but the US cannot handle them all at once. In the next 2-3 weeks, the US will announce the export tax rates that partners will have to pay when selling to the US market. The Trump administration will impose specific tariffs on partners that have not yet negotiated with the US, at what level, has not been specifically announced. If the new tariffs remain as high as the initial list of reciprocal tariffs, there is a risk that many partners will retaliate, making the tariff war hotter, pushing gold prices up sharply. On the contrary, if the new tariffs are much lower than the initially announced tariffs, gold prices may only increase moderately, then continue to adjust. After the recent sharp sell-off, profit-taking sentiment is still dominating the market. However, safe-haven demand remains strong due to geopolitical tensions that have not yet ended and concerns about a global economic recession. 📌The gold price trend next week is likely to fluctuate in the range of 3,055 - 3,270 USD/ounce, with a slight decrease scenario being preferred due to profit-taking pressure and the potential recovery of the USD. However, if there is a positive signal from the Fed policy or increased geopolitical instability, the gold price may recover to the range of 3,260 - 3,270 USD/ounce. Investors need to closely monitor economic data and geopolitical fluctuations to make appropriate decisions. Notable technical levels are listed below. Support: 3,162 – 3,100 USD Resistance: 3,228 – 3,250 – 3,292 USD SELL XAUUSD PRICE 3271 - 3269⚡️ ↠↠ Stop Loss 3275 BUY XAUUSD PRICE 3054 - 3056⚡️ ↠↠ Stop Loss 3050
OANDA:XAUUSDShort
by Xayah_trading
XAUUSD DAILY OUTLOOK – MAY 19, 2025“Between Bounce & Breakdown – Watch the Mid-Zone Traps 🎯” 🧠 Market Overview: Gold bounced last week from the 3160–3172 buy block, confirming demand at discount, but price remains stuck under multiple bearish supply layers. Until we reclaim structure above 3285, this is still a bearish pullback inside a bullish macro trend. → We’re now trading between sniper zones, where volume fades, fakeouts rise, and only confirmation wins. 🔍 STRUCTURE FLOW 🟩 3160–3172 → Confirmed buy zone from last week, clean bounce with CHoCH 🔴 3365–3375 → Daily rejection supply zone, created by imbalance wick & H4 OB 🟧 Price is now inside “mid-trap” territory (3205–3285) = avoid trading blindly 📌 KEY SNIPER ZONES (REFINED) 🔹 Zone Type Price Range Confluences 🟢 Buy Zone 1 3160–3172 OB + EQ liquidity + confirmed CHoCH (D1-H1 confluence) 🟢 Buy Zone 2 3212–3225 Internal FVG + H1 OB origin + 61.8% fib retrace 🔴 Sell Zone 1 3275–3285 Previous H4 OB + bearish NY reaction trap zone 🔴 Sell Zone 2 3312–3324 Internal liquidity sweep + imbalance fill 🔴 Sell Zone 3 3365–3375 Strong rejection + top of H4 imbalance ⚙️ TECHNICAL OUTLOOK: EMA50/100 now sloping down = bearish short-term tone RSI near neutral (no divergence = trend-follow only) Daily candle closed inside mid-zone → no clear momentum = trade only on LTF CHoCH confirmations 🔔 RISK EVENTS (THIS WEEK) Thu, May 23 → Unemployment Claims + Flash PMIs + Housing Data Fri, May 24 → New Home Sales + FOMC Financial Stability Report (tentative) → Expect fakeouts ahead of these. Stay reactive, not predictive. 🧭 DAILY PLAN 🔽 If price reclaims 3275–3285 and fails → sniper sell entry → TP 3225 / 3172 🔼 If price dips to 3212–3225 with M15 CHoCH → scalp buy to 3260–3270 ❌ Avoid entries in 3230–3265 → mid-zone chop trap 🧠 Final Thoughts: You don’t chase gold in mid-range. You don’t sell bottoms or buy tops. You wait at the edge of structure — with logic, confluence, and confirmation. That’s sniper mode. 🔥 Like & Follow @GoldFxMinds for intraday sniper plans 💬 Drop your bias below — Break below 3172 or bounce back to 3320?
OANDA:XAUUSD
by GoldFxMinds
[19May2025] Watch-Weekly Boundaries & Key-Level; Down or Up?Monday Move—Are we going further down? Or are we right in the cage? Bear/Bull fight is the final note before the True move. Stay tuned until the end—the important boundaries and key levels of price action are listed below. Watch out for the game "they" play. The market has already revealed its intent—if you’re still in "wait and see" mode, the next sweep will happen before you even realize it. The anomalies over the past weeks aren’t random; they are signals. If you haven’t made sense of them yet, this is your wake-up call. Now, as price remains below critical pivot levels, something is set to unfold. The conditioning is complete, the offloading is in play, and the next move—whether reversal or deeper liquidation—hangs in the balance. Are you watching? Or are you falling into the illusion? Something big is brewing. But what? And why now? Over the past two weeks, gold has witnessed extreme fluctuations—sharp movements that aren’t mere market randomness but the footprint of something far more deliberate. This isn’t just price action; it’s a grand orchestration, a carefully staged performance designed to induce, accumulate, and distribute at an unprecedented scale. Retail traders follow the numbers, but institutions craft the narrative. The illusionists play their hand, shifting liquidity under the guise of war, inflation, and recession—a tired record played on loop to justify the unseen. But savvy traders know better. They see the exhaustion. They recognize the conditioning. Here’s the reality: It’s not about gold’s valuation—it never was. It’s about control, liquidity extraction, and advantage. The real game is well-hidden beneath surface-level movements. What happens next isn’t random. It’s calculated. Will you recognize it, or will you be caught inside the illusion? Gold Market Analysis – Post NYSE Close (May 16, 2025) Market Structure & Pivot Levels 📌 Monthly: Pivot: 3248.44 Sell Signal Below: 3402.35 → Clear 2915.88 Buy Signal Above: 3054.48 → Clear 3540.95 📌 Weekly: Pivot: 3216.81 Sell Signal Below: 3289.10 → Clear 3105.42 Buy Signal Above: 3159.08 → Clear 3342.76 📌 Daily (Friday’s Candle): Pivot: 3202.87 Sell Signal Below: 3234.03 → Clear 3146.89 Buy Signal Above: 3172.35 → Clear 3259.49 🎯 Closing Price: 3202.25 (Below Friday’s pivot level) Bearish Momentum – What’s Happening? 🔻 Bear Pressure Increasing: Trading below Monthly, Weekly, and Daily pivot levels suggests growing downward momentum. 🔄 Market in Preparation Mode: Price action indicates institutional positioning and offloading, setting the stage for a potential shift. 💰 Institutional Manipulation at Play: Inducement & Distribution visible in price behavior—buyer-side absorption remains evident. Failed bull attempts to push above pivots suggest exhaustion in bullish momentum. 📌 For bulls to regain control: Price must convincingly breach pivots with strong momentum and liquidity, showing sustained buying strength. Market Narrative – The Hidden Truth 💡 News Is Just Noise: War, tariffs, inflation, recession—these are conditioning tools used to justify price movement, but they do not define it. 🎭 Gold’s Price Is Not About Valuation: It’s about liquidity control, herd mentality, and institutional advantage—a strategic illusion shaping retail sentiment. Conclusion & Anticipation ✅ Bear Territory Confirmed: Price remains below key pivots , suggesting continued downward movement. 🔄 Market Correction Anticipated: Price has extended too far , and a liquidity rebalancing could unfold. 😱 Retail Sentiment – Extreme Greed: FOMO-driven rallies keep pulling traders into institutional traps. 📌 Key Levels to Watch: Above Daily Pivot: 3418 / 3403 / 3378 / 3338 / 3312 / 3296 / 3270 / 3252 Below Daily Pivot: 3200 / 3191 / 3154 / 3135 / 3116 / 3107 / 3071 / 3056 / 3033 / 3009 / 2995 / 2983 / 2969 / 2952 📢 Final Thought: If trading remains below 3402 , liquidation may still be ongoing. Market footprint suggests a potential deep retest at 3019/2811 before signs of meaningful recovery. 🛠️ Institutional activity is likely to be significant—this moment presents an opportunity to anticipate liquidity shifts.
TRADENATIONSB:XAUUSD
by jerryfc000
GOLD surges 1.5% then falls, US credit rating downgradedOANDA:XAUUSD have recovered from their biggest weekly decline in six months, as growing concerns about the US economic outlook and budget deficit boosted demand for safe-haven assets. Spot gold rose 1.5% to $3,249.80 an ounce in early Asian trading before paring losses, up about 0.55% on the day at press time. Moody's Ratings announced late Friday that it had removed the U.S. government's top credit rating, downgrading the country from Aaa to Aa1. Moody's blamed successive U.S. presidents and lawmakers for the growing budget deficit, although Moody's said the situation showed little sign of improving. "While we recognize that the United States has significant economic and fiscal strength, we believe that these strengths are no longer sufficient to fully offset the deterioration in fiscal metrics," Moody's said in a statement. This “black swan” event has raised concerns about the US financial situation. Safe-haven buying has fueled a sharp rise in gold prices. In addition, the weakening of the US dollar has also benefited the gold price trend. This downgrade is likely to add to Wall Street’s growing concerns about the US government bond market. While rising yields typically boost their respective currencies, debt concerns could increase skepticism about the USD. Gold prices have been volatile in recent months. Last week, gold posted its biggest weekly decline since November as geopolitical tensions eased. The move followed a sharp rally in gold, which topped $3,500 an ounce for the first time last month. Gold is still up more than 20% this year, driven by global conflicts, tariffs from US President Donald Trump and flows into exchange-traded funds. Technical outlook OANDA:XAUUSD After gold reached the target resistance of 3,250 USD, it weakened slightly again, this resistance level is noted by readers in the weekly publication. In the short term, gold still has a bearish outlook with the nearest resistance at 3,250 USD followed by the confluence of EMA21 and Fibonacci retracement 0.382%. In terms of momentum, the Relative Strength Index (RSI) is still below 50, 50 is now acting as resistance while the RSI is still quite far from the oversold zone, indicating that there is still room for a decline in momentum ahead. As long as gold remains below the 21 EMA, it remains bearish in the short term and a break below $3,200 would continue to push gold lower with a target of around $3,163 in the short term. For gold to qualify for the upside, it needs to move above the 21 EMA, break the $3,300 base point and then target around $3,371 in the short term. Intraday, the bearish outlook for gold in the short term will be highlighted again by the following levels. Support: $3,200 – $3,163 Resistance: $3,250 – $3,292 SELL XAUUSD PRICE 3261 - 3259⚡️ ↠↠ Stop Loss 3265 →Take Profit 1 3253 ↨ →Take Profit 2 3247 BUY XAUUSD PRICE 3199 - 3201⚡️ ↠↠ Stop Loss 3195 →Take Profit 1 3207 ↨ →Take Profit 2 3213
OANDA:XAUUSDLong
by Xayah_trading
2
Gold is Heating Up Breakout + Trendline SupportHello, traders Gold has shown strong bullish continuation after breaking above a key descending resistance line. Once that breakout occurred, price formed a strong rising trendline, which has since been respected as dynamic support. Additionally, a former resistance zone has now flipped into support, confirming a bullish market structure. Price is currently approaching a major upper resistance zone, where we may see a temporary pause or reaction. As long as the rising trendline holds, the momentum remains in favor of buyers — and a clean breakout above the upper zone could trigger the next leg higher.
FX:XAUUSDLong
by DarcyJames
XAUUSD-Gold Completes A Correction Within Bullish TrendHello, traders Gold made another sharp leg to the upside in first half of April, even showed some accelerating price action away from the 3,000 level. This suggests it might have been part of wave three when looking at the Daily and 4-hour time frame, so there can be more upside within a much more extended impulse structure. Possibly already now after blue wave four consolidation shows first signs of a bottom near 3120. Notice that pullback from recent high is in three legs, while price recovered out of wave (C) channel, so looks like new recovery is in the cards.
SAXO:XAUUSDLong
by DarcyJames
Gold Price Analysis May 16Yesterday's D1 candle pulled back within the uptrend with a liquidity sweep to 3121. Today there is unlikely to be a sell-off and the price will continue to return in the uptrend. Today, it is better to mainly look for retest points for BUY signals. In the immediate future, 3198 is the first BUY zone that the Asia-Europe session can consider. When breaking this zone, buy entries may not carry long TP expectations. The Breakout zone of 3153 and the bottom zone of 3125 are two important supports to prevent the gold price from a downward slide. In the opposite direction, the Asian session resistance zone around 3254 also acts as an immediate barrier for the gold price increase. Break 3254 should not BUY until the 3288 zone before SELL Scalping can be done. The upper barrier of the Daily Frame is at 3320.
OANDA:XAUUSD
by TVS-Trader
XAUUSD – Weekly Outlook | May 19–23, 2025“Sniper Zones Reloaded – Gold Pullback Season or Just a Tease?” 🔍 Macro View: Gold just closed a massive -3.6% weekly candle off the top at 3435 — a clear sign of rejection from a premium exhaustion zone. After weeks of uninterrupted bullish madness, we finally have signs of cooling. But is it the start of a deeper correction or just Friday’s fade? ➤ Dollar Strength picked up again after UoM Sentiment miss + sticky inflation expectations. ➤ FOMC minutes (Wed) + Unemployment Claims (Thu) = the potential catalysts for the next impulsive leg. 🔄 Weekly Market Structure: ✅ BOS to the upside still valid – no CHoCH printed yet on W1 📍Current candle printed a clear top wick rejection after liquidity sweep 🕳️ Internal structure on LTFs is bearish – signaling potential deeper pullback 🧭 Key Weekly Zones (Sniper-Ready): Zone Type Price Range Description 🔻 Supply #1 3435–3465 Premium FVG top + rejection wick 🔻 Supply #2 3285–3320 Imbalance left behind on the last push up 🔻 Sell Zone 3210–3240 Mitigated OB, possible retest 🟩 Buy Zone #1 3095–3120 Weekly FVG + Fibo 38.2 retrace 🟩 Buy Zone #2 2980–3030 Unmitigated demand block, old resistance turned demand 🟩 Buy Zone #3 2850–2890 Weekly CHoCH zone & deep Fibo retrace 📈 Fibonacci Extensions (from last major HL–HH): FE 100% = 3435 ✅ hit FE 127% = 3580 (remains next upside target IF retracement holds at key support) FE 161.8% = 3720 (only if we reclaim 3435 cleanly) 🔺 Weekly Bias: Short-Term: Bearish pullback (especially early week if no bullish LTF CHoCH) Mid-Term: Bullish continuation still valid if 3090–3120 holds 🧠 Key Notes: Expect trap zones and tricky NY opens if no clean confirmation 3210 = likely re-entry point for bears if price retraces 3090–3120 = key defensive line for bulls; invalidation of this = possible slide to 2980 If 3435 gets swept again with strength and closes above → bullish continuation unlocked 🧨 High-Impact Risk Events – This Week 📅 Thu, May 22 📉 Unemployment Claims – 2:30pm 📊 Flash Manufacturing & Services PMI – 3:45pm 🏠 Existing Home Sales – 4:00pm 📅 Fri, May 23 📊 New Home Sales – 4:00pm 📑 FOMC Financial Stability Report (tentative) 📌 Gold Weekly Outlook – “Sniper Zones Reloaded 🔫” After weeks of pure bullish momentum, gold finally showed signs of exhaustion with a clean weekly rejection from the premium zone. Is this the start of a real pullback? Or just another fakeout to shake out retail before continuation? We’ve mapped the structure: 🟥 3435 is the stronghold 🟩 3090 is the battlefield With Unemployment Claims, PMIs, and housing data lined up this week, expect volatility — but don’t force entries. Trade light. Stay patient. Let the sniper setup come to you. 🎯 🔥 Like & Follow @GoldFxMinds for sniper-level breakdowns 💬 Drop your bias below — correction or continuation? 👇
OANDA:XAUUSDShort
by GoldFxMinds
Gold is ready to go upHi traders, It turned out that gold made a bigger correction wave 4 (grey) down. Last week gold immediately dropped and after it came into the 4H FVG it rejected and went impulsively up. So next week we could see more upside for wave 5 (grey). Let's see what price does and react. Trade idea: Wait for a small correction down on a lower trimeframe to trade longs again. If you want to learn more about trading FVG's & liquidity sweeps with wave analysis, please make sure to follow me. This shared post is only my point of view on what could be the next move in this pair based on my technical analysis. Don't be emotional, just trade your plan! Eduwave
OANDA:XAUUSDLong
by EduwaveTrading
GOLD ROUTE MAP UPDATEHey Everyone, Strong start to the week for our chart setup. Despite initial bearish momentum, price action aligned well with our dip buying strategy. The session began with the bearish target at 3307 being achieved, triggering a key price reaction. This was followed by a ema5 cross and lock, confirming the activation of the retracement zone, which was also tested and respected with precision. We have now observed a confirmed breakout from the retracement range, opening the swing range. This move delivered our textbook swing bounce, again supporting our dip buying strategy. The full extent of the swing range remains active, indicating continued opportunity for strategic dip entries while the range structure holds. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3341 EMA5 CROSS AND LOCK ABOVE 3341 WILL OPEN THE FOLLOWING BULLISH TARGETS 3372 EMA5 CROSS AND LOCK ABOVE 3372 WILL OPEN THE FOLLOWING BULLISH TARGET 3414 EMA5 CROSS AND LOCK ABOVE 3414 WILL OPEN THE FOLLOWING BULLISH TARGET 3447 EMA5 CROSS AND LOCK ABOVE 3447 WILL OPEN THE FOLLOWING BULLISH TARGETS 3478 EMA5 CROSS AND LOCK ABOVE 3478 WILL OPEN THE FOLLOWING BULLISH TARGETS 3502 POTENTIALLY 3525 BEARISH TARGETS 3307 - DONE EMA5 CROSS AND LOCK BELOW 3307 WILL OPEN THE RETRACEMENT RANGE 3281 - DONE 3254 - DONE EMA5 CROSS AND LOCK BELOW 3254 WILL OPEN THE SWING RNGE 3233 - DONE 3201 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
8
Gold Trade Plan 20/05/2025Dear Traders. The market is still ranging between 3200–3240, and the Dollar Index is at the bottom of its channel. If the double line is broken, I expect the price to rise toward the 3360 area, provided the descending trendline is also broken. However, if there’s no pullback observed after the breakout, the price could drop to the 3120 zone. if you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content." Regards, Alireza!
OANDA:XAUUSDLong
by alirezak
XAUUSD MONTHLY OUTLOOK — MAY 2025🕰️ Timeframe: Monthly 📍 Current Price: 3204 📈 Bias: Cautious Bullish-to-Neutral 📏 Trend: Long-term bullish | Near-term exhaustion 🔎 STRUCTURAL OVERVIEW ✅ HTF Break of Structure (BOS) confirmed above 2075 (2020/2022 resistance) ✅ Sustained higher highs + strong impulse candles since Oct 2023 ⛔️ Price just wicked into Monthly FIB Extension Zone (1.618–2.0) = 3440–3500 ⚠️ Bearish wick formed near 3500, suggesting premium rejection 🧠 KEY TECHNICAL ZONES (Monthly) Zone Type Price Range Notes 🔼 Premium Supply 3440–3500 Monthly FIB Extension zone + rejection wick + final extension of long-term bull leg 🔼 Resistance 3222–3242 Previous OB and last BOS area before wick spike — possible retest point ⚠️ Mid-Zone 3160–3185 Equilibrium / liquidity trap area seen on H4/D1 🟩 Monthly Demand 2960–3050 Large unmitigated zone + FVG + consolidation base before impulse 🟦 Discount Range 2800–2950 Key reaccumulation blocks from 2023 rallies 🔮 MACRO + MARKET CONTEXT 💬 Geopolitical Tension: Ongoing inflation concerns and Fed credibility under fire after CPI/UoM combo 📉 UoM Sentiment: Dropped below expectations = recessionary anxiety 📊 Inflation Expectations: Came in hotter = market confused, no clean direction 🗣️ Powell speech + May FOMC aftermath = market lacks conviction, stuck in uncertainty 🧭 STRATEGIC SCENARIOS ✅ Bullish Continuation (if retracement holds above 3160–3180) Potential reentry toward 3240–3250 and re-test upper wick zone >3440 Must see H4 CHoCH + volume confluence ❌ Bearish Retracement (if lower timeframes lose 3160) Deeper move likely toward 3050–3080 = Monthly demand base Below that = consolidation back to 2960 ⚙️ FIBONACCI EXTENSION Applied from breakout leg Oct 2023 (Low ~1810 to High ~2222 → projected from pullback at ~1984) Extension targets: 1.272 = ✅ Reached 1.618 = 3440 = tapped 2.0 = 3500 = wick rejection We are now reacting inside a fully extended bullish range, which supports a monthly cool-off. 🧠 FINAL WORD Gold hit the monthly moonshot. Now it’s all about real structure and rotation: 💡 Watch how price respects the 3160–3180 range. Lose that — and we dive back toward 3050–3080. Hold it — and we reload for the final frontier above 3440. Gold’s Monthly Jetpack Ran Out of Fuel at 3500 🚀🔥 — Now It’s All About Gravity and Structure." From FIB extensions to wick rejections, this is not the time to chase... it’s the time to react. Comment, follow, and stay sharp — sniper mode never sleeps. — GoldFxMinds (GoldMindsFX)
OANDA:XAUUSDLong
by GoldFxMinds
Key Levels to Watch on "Al-Ademy" Indicator – Breakout Expected!On the daily timeframe, the "Al-Ademy" indicator is showing crucial price levels that must be broken once the market opens. Each of these levels acts automatically as dynamic support and resistance on the indicator. A breakout above or below any of these lines will likely confirm the next move – whether a continuation to the upside or downside. Stay tuned for our detailed analysis once the market opens on Monday!
FXOPEN:XAUUSD
by osamaalademy
Gold on Neutral valuesTechnical analysis: Hourly 4 chart has turned Neutral again as the Price-action pulled back from yesterday's session High’s, testing again the Hourly 4 chart’s #3,202.80 - #3,208.80 configuration which represents Short-term Support cluster. This move is due to the sudden spike on DX as the DX is moving in favor of Gold (falling) and is about to correct the former Bearish Gap fill which is appearing as a dangerous sign for Short-term Gold’s Sellers. This is a Fundamental market reaction to the High impact end of the week news and DX Trading near local Low’s. I don't expect this pullback to last for too long, this was Technically an Selling opportunity. If one seek for more confirmation, then Selling only after #3,200.80 benchmark gets invalidated which is looking as an optimal opportunity. This shows that big Institutional capital speculate on the same strategy I apply, taking Profits on Low’s of the Descending Channel, causing Bullish spikes, which they later Short. My position : I have Bought #3,235.80 reversal #2 times throughout yesterday's session / taking Profit on #3,242.80 - #3,245.80 belt and awaited #3,227.80 break-out which delivered decent Selling opportunity. If you Traded my break-out zones throughout yesterday's session you should be in decent Profit by now.
OANDA:XAUUSDLong
by goldenBear88
Positive market, GOLD drops to 3,220 USD in short termOANDA:XAUUSD fell to $3,220/oz, down 0.61% on the day at press time, resuming a bearish trend and cooling demand for safe-haven assets. US President Trump spoke by phone with Russian President Vladimir Putin, with Trump saying Russia wants to reach a major trade deal with the United States and will immediately begin ceasefire negotiations with Ukraine. Ahead of Federal Reserve Chairman Powell's speech, central bank officials remained on the sidelines, with the likelihood of a rate cut in the summer very low. Trump said Russia wants to make a “big” trade deal with the United States. Trump posted on his Truth Social account that he spoke with Putin on Monday to discuss the deal. “I just had a two hour phone call with Putin and I think it went very well.” Trump said he discussed a number of issues with Putin, primarily the ceasefire agreement between Putin and Ukraine. “Russia and Ukraine will immediately begin negotiations to achieve a ceasefire and, more importantly, an end to the war,” Trump wrote. “Both sides will negotiate the terms of this agreement, which is only possible because they have details of the negotiations that others do not. The tone and atmosphere of the talks were very good.” After announcing the ceasefire, Trump also wrote that Putin was looking for a trade deal with the United States. “Russia wants to engage in massive trade with the United States after this disastrous ‘bloodbath’ is over, and I agree. Russia has a tremendous opportunity to create many jobs and wealth. The potential is limitless.” Trump also said that Ukraine could also benefit from a potential trade deal with the United States. He even added that the Vatican, represented by the new pope, would be willing to hold trade/ceasefire talks. Recent cooperative initiatives between Putin and Trump, including the US President receiving a painting from Putin, have raised questions about how the US-Russia axis will affect trade dynamics between the two countries. The two countries have maintained active communication since Trump took office in January. Given the current global tensions, a new US-Russia trade deal would be a significant step forward. Trump discussed peace in Ukraine with Putin on Monday after the US said it may have to pull out of a stalemate over ending Europe’s bloodiest conflict since World War II. Looking ahead, markets are focused on a speech by Federal Reserve Chairman Powell, with traders now betting that the chances of a rate cut in the summer are extremely low. The more positive news the market gets, the more pressure gold will face as cooling safe-haven demand will send investors looking for riskier assets. Technical Outlook Analysis OANDA:XAUUSD As noted to readers in previous publications since gold was sold below EMA21, up to now, it still has a short-term technical trend leaning towards the downside. Specifically, gold has repeatedly failed to overcome the resistance level of 3,250 USD and has decreased in price every time it approaches this level. And in terms of momentum, the Relative Strength Index (RSI) remains below 50, far from the oversold zone, indicating that there is still room for momentum to decline ahead. For gold to be in a position to enter a new bullish cycle, the most important condition is that it needs to break above the $3,300 base level then target around $3,371 in the short term. On the other hand, once gold breaks below the $3,200 support point it could continue to decline with the target then around the 0.618% Fibonacci retracement in the short term. For the rest of the day, the technical outlook for gold is bearish with notable positions listed as follows. Support: $3,200 – $3,163 – $3,120 Resistance: $3,250 – $3,292 SELL XAUUSD PRICE 3226 - 3224⚡️ ↠↠ Stop Loss 3230 →Take Profit 1 3218 ↨ →Take Profit 2 3212 BUY XAUUSD PRICE 3150 - 3152⚡️ ↠↠ Stop Loss 3146 →Take Profit 1 3158 ↨ →Take Profit 2 3164
OANDA:XAUUSDShort
by Xayah_trading
1
Gold is Heating Up! Breakout + Trendline Support Gold has shown strong bullish continuation after breaking above a key descending resistance line. Once that breakout occurred, price formed a strong rising trendline, which has since been respected as dynamic support. Additionally, a former resistance zone has now flipped into support, confirming a bullish market structure. Price is currently approaching a major upper resistance zone, where we may see a temporary pause or reaction. As long as the rising trendline holds, the momentum remains in favor of buyers — and a clean breakout above the upper zone could trigger the next leg higher.
FX:XAUUSDLong
by unichartz
4 Profitable Bullish Patterns EVERY TRADER Must Know Forex, GOLD In the today's post, we will discuss accurate bullish price action patterns that you can apply for trading any financial instrument. 1️⃣Bullish Flag Pattern Such a pattern appears in a bullish trend after a completion of the bullish impulse. The flag represents a falling parallel channel. The market corrects itself within. Bullish breakout of the resistance line of the channel is a strong bullish signal that can be applied for buying the market. Best entries should be placed immediately after a breakout or on a retest. Safest stop loss is below the lows of the flag. Target - the next key resistance. Here is the example of a bullish flag pattern that was formed on Gold on a 1H time frame. As you can see, after the breakout of the resistance of the flag, a strong bullish rally initiated. 2️⃣Ascending Triangle Such a pattern forms in a bullish trend on the top of the bullish impulse. The market starts consolidation, respecting the same highs and setting higher lows simultaneously. The equal highs compose a horizontal resistance that is called the neckline. Its breakout is an important sign of strength of the buyers. Buy the market aggressively after a violation, or set a buy limit order on a retest. Stop loss should lie at least below the last higher low within a triangle. Target - the next strong resistance. Take a look at that ascending triangle formation on EURUSD. Bullish breakout of its neckline was a perfect bullish signal. 3️⃣Falling Wedge That formation is very similar to a bullish flag pattern. The only difference is that the price action within the wedge is contracting so that the trend line of the wedge are getting closer to each other with time. Your signal to buy is a bullish breakout of the resistance of the wedge. Stop loss is strictly below its lows. Target - the next key resistance. GBPUSD formed a falling wedge on a 4H time frame, trading in a strong bullish trend. You can behold how nicely the price bounced after a breakout of its upper boundary. 4️⃣Horizontal Range Similarly to the ascending triangle, the horizontal range forms at the top of a bullish impulse in a bullish trend. The price starts consolidation , then, setting equal highs and equal lows that compose a horizontal channel. Breakout of the resistance of the range is a strong trend-following signal. Buy the market aggressively after a breakout or conservatively on a retest. Stop loss will lie below the lows of the range. Target - the next strong resistance. Dollar Index formed a horizontal range, trading in a strong bullish trend. Breakout of the resistance of the range triggered a bullish rally. The best part about these patterns is that they can be applied on any time frame. Whether you are a scalper, day trader or swing trader, you can rely on these formations and make consistent profits. ❤️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.
TRADENATION:XAUUSDEducation
by VasilyTrader
1
Gold fluctuates at high levels, are bulls regaining confidence?The hourly moving average of gold crosses upward, and eventually diverges upward. The volume of gold bulls is opening up. The resistance of gold at 3253-60 has now turned into support. Gold continues to buy on dips when it falls back in the US market. Since gold has broken through, the decline is an opportunity to buy. We never do long or short positions. The current decline of gold is to buy with the trend. To be a steady hunter, you must have amazing patience and lonely torment, so that you can kill the prey with one blow. To do gold, you also need to be steady and patient to wait for the entry point to enter the market. If your current gold operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate with us! From the 4-hour analysis, the upper short-term focus is on the short-term suppression of 3290, and the important suppression of 3300. Gold still broke through the US market and rose strongly, and the gold bulls started. After the gold US market broke through the box and oscillated strongly, gold fell back and continued to be long. In the middle position, watch more and do less, be cautious in chasing orders, and wait patiently for key points to enter the market. Gold operation strategy: Go long on gold at 3260-65, stop loss at 3250, target at 3290-3300;
PYTH:XAUUSDLong
by RoryKelvin
Gold - Follow The Macro Trend!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 GOLD has been overall bullish from a macro perspective trading within the rising wedge pattern in orange. After rejecting the $3,500 round number and upper bound of the wedge, XAUUSD signaled the start of the correction phase as marked by the red falling channel. Moreover, the $3,100 - $3,150 zone is a strong support. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower orange trendline acting non-horizontal support. 📚 As per my trading style: As #XAUUSD approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDLong
by TheSignalyst
16