XAUUSD BUY PROJECTION Hey guys we still haven’t executed any trade all through the week but I’m starting to like what gold is doing we might get a nice entry and I’m still interested on that 3,350 zone tho price broke below if you check my last I was very interested to take buys from that zone and now market closed with a strong bullish candle so if we can get a nice breakout when the market opens I will be waiting for a retest of 3,350 or place an entry there for buys to the upside…I will update you guys if am on the trade….
XAUUSDG trade ideas
Gold Price Analysis April 30The market's D frame continues to maintain a fixed price range, with a dispute between buyers and sellers in the range of 3345 and 3275.
With the sideways wave in recent days, the possibility of creating a Dow and decreasing the price of Gold will be higher than increasing to ATH slightly. Gold has just reacted from 3000 candle wick area yesterday, which is also the old breakout area. Gold can push up to 3324 in the European session. If it does not break 3324, it is possible to SELL Gold to 3275. However, the sideways waves may have a relatively strong reaction around 3288 and the reaction area of 3300 is also weak but still need attention. If it breaks through 3324, Gold will find daily resistance around 3340 for the SELL strategy.
GOLD RISKY LONG|
✅GOLD will soon retest a key support level of 3260$
So I think that the pair will make a rebound
And go up to retest the supply level above at 3323$
LONG🚀
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From Dip to Breakout: Gold Targets $3,320 Upside1. Current Price:
Gold (XAU/USD) is trading at $3,304.650, down 0.36% on the day.
2. Trend Observation:
There was a sharp bearish move earlier in the session (highlighted in red), signaling a strong sell-off.
This was followed by a bullish reversal (highlighted in green), suggesting a possible shift in momentum.
3. Support and Resistance Zones:
Support zone lies near the $3,260 level, where the price rebounded sharply.
Resistance zone is around $3,320, which is the target area indicated by the analyst.
How should gold be positioned after the ADP data is released?Although the current ADP data is positive, and the US GDP in the first quarter is sluggish, the risk of US recession has increased, but gold has not risen sharply, and the 1H moving average is still radiating downward. At present, it can only be regarded as a short-term correction to the oversold area. If the upper 3300-3310 does not break, you can go short. Brothers who have made profits now can exit the transaction in time. We are patiently waiting for entry opportunities.
If you agree with this point of view, or you have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
XAU/USD: Weak Support and Potential Reversal in FocusKey Features of the Chart:
Volume Profile Analysis:
The highlighted volume profile on the left shows concentrated trading activity around the 1D POC (Point of Control) at $3,272.200. This suggests the POC is a critical pivot level for the market.
Support Insights:
The horizontal yellow line labeled "Weak Support Because It Has Been Hit So Many Times" at $3,272.200 indicates a crucial support level. However, repeated tests of this level may weaken it, making it susceptible to a breakdown.
Market Sentiment:
The blue arrow suggests a potential upward movement from the current price. This could indicate a bullish bias if buyers defend the support at $3,272.200.
Current Price Action:
The price seems to hover near the weak support, showcasing market indecision. Traders are likely waiting for a clearer breakout or bounce signal.
Trading Plan:
Bullish Case:
If buyers manage to defend the weak support at $3,272.200, a potential rebound could occur.
Traders might consider long positions targeting resistance areas near $3,300 or higher.
Use a stop-loss just below the $3,270 level to manage risks.
Bearish Case:
If the price breaks below the weak support of $3,272.200, expect a bearish continuation toward lower levels, such as $3,250 or $3,200.
Short positions could be considered here, with a stop-loss above the POC.
Closing Thoughts: This chart provides a clear focus on critical support and volume zones. Traders should monitor price action around the 1D POC and weak support level for reliable signals.
Remember: Consistency | Discipline | Perseverance are the keys to staying ahead.
XAUUSD H4 | Bullish Bounce OffBased on the H4 chart analysis, the price is falling toward our buy entry level at 3245.68, a pullback support.
Our take profit is set at 3314, an overlap resistance
The stop loss is placed at 3212.68, a swing low support.
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Gold trading strategy for next Monday📊Judging from the trend of the daily chart, the overall gold price has been in a high-level consolidation trend recently. After falling from the high point near 3500, there has been a significant adjustment. At present, although the gold price has rebounded after the correction to the low point of the week, the rebound momentum is limited by the 23.6% Fibonacci retracement level (about 3368-3370 area), which has been transformed into an important short-term resistance level.
📊On Friday, the gold market continued the rhythm of Thursday, and quickly rose to around 3370 in the early trading, but encountered resistance and fell back here, and then started a new round of downward trend, and fell below the low point of the previous day's European and American trading. It rebounded after the lowest point fell to around 3265. It is worth noting that the gold price not only failed to break through the key resistance above, but also further refreshed the short-term low, indicating that the market bearish sentiment is still dominant.
📊From the current market structure, the 3260-3265 area has become a key support level, and it is necessary to pay close attention to whether the subsequent trend can effectively break through it. Once it falls below $3260, the bearish trend will be further confirmed, and the gold price may usher in a deeper correction. Based on the current K-line morphological observation, a "two negatives and one positive" structure has been formed, which technically implies that there is still a risk of continued adjustment in the short term. However, the adjustment method may not be a unilateral decline, and there is also the possibility of correction in the form of sideways fluctuations (i.e. repeated fluctuations in the 3260-3370 range).
🟢Upper resistance level: 3368-3370
🔴Lower support level: 3260-3265
✅Intraday trading strategy
🔰Gold Sell: 3368-3370, Stop Loss: 5-8$
Target: 3300-3285, if it breaks, look to 3260
🔰Gold Buy: 3265-3270, Stop Loss: 5-8$
Target: 3290-3330, if it breaks, look to 3370
✅Trading strategies are time-sensitive. We will provide members with real-time and accurate trading strategies based on market changes. Short-term trading requires flexibility, timely adjustment of positions, strict risk control, and ensuring that you are not affected by large fluctuations.
Will a false breakdown in support lead to growth?The current trading range is 3275-3290. Since the opening, the price has been fluctuating in a small range. There was no news on Friday, so the price may regain its upward momentum after retesting the liquidity and support area of 3270-3285.
Gold prices are currently stable around $3280, but the US dollar has curbed the rise of gold prices.
Gold prices have held their ground after recovering, but the strengthening of the US dollar and hopes for progress in tariff war negotiations have limited further gains in gold prices…
Optimism about US corporate earnings and fears of a recession are easing, supporting demand for the US dollar. However, the continued uncertainty in Sino-US relations has kept interest in gold strong.
The market is waiting for new signals from the White House and the Federal Reserve, which will determine the further trend of gold prices.
Focus on the support trading range. A false break of 3270 could change the balance of power, leading to a rebound or growth.
No news today, except for the unpredictable situation of Trump and the tariff war in general. Any speech or tweet could shake the market.
However, gold prices remain range-bound after a lackluster week.
Quaid recommended:
The market fluctuates sideways today. You can try short-term trading. Look at 10 points for each upward callback and perform scalping transactions in this range.
The gold weekly line is about to close and the short position coThe downward trend remains unchanged!
At the same time, after the current decline in gold, traders who have positions above should pay attention that the early morning rebound cannot exceed the stage pressure of 3292-3300. The larger the rebound, the weaker the downward momentum. After a continuous decline, the 3260 position can be seen below. After breaking, the 3230 point needs to be paid special attention to below. This is the golden section position of 50% retracement since the rise from 2956 to 3500 in this round. It is also a multiple resonance area in the trading concentration area. After reaching this point, traders who hold short positions should consider being more cautious.
XAUUSD - Will Gold Reverse?!Gold is trading between the EMA200 and EMA50 on the 15-minute timeframe and is on its uptrend line. A continued bullish move towards the supply zone will provide us with the next opportunity to sell it with a good risk-reward ratio. We expect a range of $10-$15.
Gold prices dropped by 4% on Wednesday, just a day after reaching an all-time high. The decline followed remarks by President Trump that helped ease Wall Street’s concerns about the ongoing trade war with China and tensions between the White House and the Federal Reserve.
Throughout this year, gold has seen a substantial rise due to investor fears over the economic consequences of tariffs. Additionally, the metal has benefited from capital fleeing U.S. assets amid political uncertainty under the Trump administration. On Tuesday, Trump reassured markets by stating that he had no intention of removing Jerome Powell as Fed Chair and expressed his expectation that tariffs on Chinese goods would soon be lowered.
Trump’s statements supporting Federal Reserve independence and hinting at easing trade tensions with China reignited risk appetite in financial markets, causing gold prices to tumble on Wednesday.Just a day earlier, prices had hit a record high above $3,500, as investors speculated that Trump might attempt to remove Powell. Trump had previously criticized Powell for not cutting interest rates and for warning that tariffs could lead to higher consumer prices.
Gold’s price surge this year has been especially notable following Trump’s decision to halt the implementation of sweeping new tariffs initially announced in early April. Gold, as a safe-haven asset not tied to any single national economy—unlike traditional alternatives such as the U.S. dollar or Treasuries, which are subject to U.S. government influence—has become increasingly attractive to investors wary of Trump’s policy decisions.
Meanwhile, the International Monetary Fund (IMF) has warned that continued tariff escalation in 2025 could push global public debt to 95.1% of GDP—an increase of 2.8 percentage points from previous forecasts. According to the IMF’s latest “Fiscal Monitor” report, if revenues and output fall significantly below expectations due to tariff-induced pressures, global debt could surpass 117% of GDP by 2027.
Investment bank JPMorgan has projected that gold prices could exceed $4,000 per ounce by mid-2026. This forecast is based on expectations of an economic recession, a prolonged trade war, and sustained demand from central banks. However, JPMorgan also cautioned that a sudden drop in central bank demand could threaten this bullish trend.
The IMF’s report further estimates that global public debt will climb to 99.6% of GDP by 2030, exceeding even the pandemic-era peak.
The IMF has forecasted global economic growth at around 2.8% for 2025. In this scenario, the U.S. budget deficit is projected to decrease from 7.3% of GDP in 2024 to 6.5% in 2025, and further down to 5.5% in 2026, largely due to increased tariff revenues and continued economic expansion.
These IMF projections for the U.S. deficit are based on policies announced up until April 2, 2025, and assume that the individual tax cuts enacted in 2017 will expire at the end of this year.
ZIGZAG wave-c has startedContinuing the previous gold analysis
It seems that wave-(b) is turning into a normal zigzag and wave-c has started from the zigzag. Wave-c of this zigzag could end in the range of $3200-3216 or $3104-3118.
After the zigzag ends, we will have another upward movement in gold.
Gold Price Analysis May 1The D1 candle has broken out in a bearish direction. It is not surprising that the price broke Dow and decreased according to yesterday's Plan.
Gold confirmed the selling side won, so today's strategy is to watch for SELL. The SELL point pays attention to the 2 break zones of 3270 and 3302. The BUY point with the Scalping element pays attention to 3216 and today's main support is 3195.
The current trading strategy is that gold is approaching the 3237 resistance. If it confirms closing above this zone, it will give a BUY signal to 3251 and consider the price reaction of the US session. If it breaks 3241, it will hold until 3270. On the contrary, if it does not break 3237, it can SELL to 3216 and trade according to the noted port zones.
XAUUSD Bearish - SELLMarket Overview
Asset: Gold (XAU/USD)
Timeframe: 1H
Current Trend: Downtrend
Market Context:
Fundamental Drivers: Gold faces downward pressure due to a strengthening US Dollar, driven by the Fed’s hawkish outlook on April 28, 2025, with no anticipated rate cuts in Q2 2025. Rising US 10-year Treasury yields (near 4.6%) are reducing demand for non-yielding assets like Gold.
Recent Price Action: Gold rallied to the $2,450–$2,460 zone but was rejected, forming a lower high after failing to break above the 50-period EMA, consistent with a broader downtrend from the March 2025 high ($2,500).
Sentiment: Bearish sentiment prevails, with risk-on markets (e.g., S&P 500 gains) diminishing Gold’s safe-haven appeal.
(XAU/USD) Based on key areas where price has reacted beforeThis is a 1-hour chart of Gold (XAU/USD) showing a clear market structure. Price has been falling and is now approaching a strong support zone where it has previously reversed. This area could attract buying interest again, offering a potential upward move. A short-term reaction zone is marked above as the first target, while a higher reaction zone is shown for long-term potential. The chart includes a well-structured setup with a favorable risk-to-reward ratio, showing clear entry, target, and exit levels. Traders should watch for confirmation before reacting.
GOLD BULLISH AGAIN 1. Pattern: Falling Wedge
The blue trendlines show price compression — lower highs and lower lows — forming a falling wedge.
This pattern is typically bullish, suggesting a potential breakout to the upside.
2. Price Action:
Price is currently testing the lower boundary of the wedge.
A bounce has already started from the wedge support, and a projected zig-zag recovery is drawn, hinting at a breakout.
3. Forecast (as shown by the arrows):
The chart anticipates a minor pullback (retest) followed by a strong bullish breakout.
The target seems to be above the 3,340–3,360 zone.
4. Support & Resistance:
Support: Around 3,260 and lower wedge line.
Resistance: 3,320–3,340 near the upper wedge boundary, then 3,360+.
5. Indicators (implied):
No RSI, MACD, or volume shown, but the price structure alone suggests bullish potential if it breaks above the wedge convincingly.
Conclusion:
The trader expects a bullish breakout from a falling wedge. For confirmation, watch for:
A breakout above the upper trendline.
Strong bullish candles or increased volume.
Retest and bounce off the broken wedge line (support-turned-resistance).
Would you like help identifying potential entry, stop-loss, and take-profit levels based on this pattern?
Gold continues to break down before non-farm payrolls!As mentioned in the continuous analysis of the gold trend, the current price is in a downward cycle from the historical high of 3500. After the first round of selling to 3260, it rebounded to repair 3370. It fell to 3268 at the beginning of the week and then turned to consolidation; after the shock, it fell from 3328 to break the low and now reported 3274; the 1H chart structure is weak and continues to follow up; short-term resistance is 3280-3290, and strong resistance is 3300-3304; short-term support is 3264-3260, and strong support is 3246 and weekly MA10-3238; in terms of operation, it is recommended to follow up with the trend and pay attention to the impact of ADP data; Strategy 1: Sell near 3290, protect 3290, and target 3260-3246;
4/29 Gold Trading SignalsThe buy orders initiated around 3273 yesterday have already delivered solid profits.
After a slight rally at today’s opening, gold prices have pulled back.
Currently, the candlestick formation shows no clear directional trend, while some short-term technical indicators are pointing downward.
Before any corrective signals appear, we need to closely watch the support near 3306.
As long as this level holds, the short-term bullish momentum still has a chance to continue.
On the news side, today's scheduled data releases are of minor impact.
Focus instead on developments regarding the India-Pakistan situation and US Treasury Secretary Bessent’s press conference.
If geopolitical tensions escalate, gold may break out to new highs.
🔹 Today's Trading Strategy:
Sell within 3407-3428 zone
Buy within 3258-3223 zone
Flexibly trade between 3346-3313 / 3378-3336 / 3273-3316 zones
Please manage your positions carefully and stay alert for unexpected market moves.