XAUUSDG trade ideas
Gold 100% Trading SignalsJudging from the trend of the gold 1-hour chart, the daily level maintains a strong bullish upward pattern. It is recommended to continue to focus on the range low-multiple strategy during the day. The current market is in a stage of shock consolidation, and there is a technical pressure to rise and fall in the short term. In terms of operation, it is recommended to focus on short-term long orders, and focus on the trading logic of following the trend and low-multiple. It is necessary to focus on the upper 3390-3400 resistance range and the lower 3340-3330 support range. Specific strategy Weng Fuhao suggested that you can try long orders when it falls back to the 3348-3353 area.
Operation strategy:
1. It is recommended to go long in the 3348-3353 area of โโgold, with a stop loss at 3340, and look at 3365-3375 in the short term, with a target of 3400
DeGRAM | GOLD above the $3340 level๐ Technical Analysis
โ H4 candle has closed above the descending-channel roof and the grey 3 284-3 325 supply, then retested it as support โ a breakout-retest pattern that usually precedes trend acceleration.
โ Price is now confined in a fresh rising wedge riding the long-term trend-line; the wedgeโs 1.618 extension aligns with the next confluence at 3 435 while dynamic support rises toward 3 245.
๐ก Fundamental Analysis
โ Gold got a tail-wind after US ISM manufacturing fell back into contraction (48.7) as Treasury yields and the DXY slipped, while reports of renewed Chinese central-bank purchases lifted physical demand expectations.
โจ Summary
Buy 3 285-3 305; hold above 3 245 targets 3 435, stretch 3 500. Bias invalidated on a 4 h close below 3 245.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
XAUUSD M30 I Bullish Bounce Off Based on the M30 chart analysis, the price is falling toward our buy entry level at 3360.09, a pullback support that aligns with the 61.8% Fibonacci retracement.
Our take profit is set at 3385.09, an overlap resistance.
The stop loss is placed at 3344.31, a swing low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (โCompanyโ, โweโ) by a third-party provider (โTFA Global Pte Ltdโ). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Gold is still BullishDear Traders,
Most times Retail Traders lose trades because their emotions overpower price action. From the daily chart again, it is quite obvious why I mentioned that I am still bullish until Gold Closes strongly below $2,345. Until then, I will keep looking for bullish price action above that level until gold proves otherwise.
It is usually good to pay attention to price action, that is what price is doing exactly and not what we think price is going to do. As we can all see from a daily perspective, there was a strong daily close above the bullish flag which may potentially be confirming bullish continuation. However, it is important to note that price will always do its thing and our job is simply to pay attention and trade only in the direction of price,
Trade carefully and apply proper risk management.
Gold Drops Toward 12-Hour and Daily Support LevelsFollowing the break of the bullish trend on the 8-hour timeframe and a subsequent pullback to the 4-hour resistance zone โ confirmed by a breakdown on the 2-hour timeframe โ we expect the price to move toward the 12-hour and daily support zone around the 2982 level.
Disclaimer: You are responsible for your own trades. Do not risk more than 2% of your account on a single setup.
XAUUSD โ NFP STORM AHEADXAUUSD โ NFP STORM AHEAD: WILL GOLD BREAK HIGHER OR FACE A DEEP CORRECTION?
Gold is entering a critical phase ahead of tonightโs Non-Farm Payrolls (NFP) report โ one of the most influential economic releases globally. With US-China trade tensions resurfacing and growing concerns over US national debt, the precious metal market is likely to experience high volatility during the US session.
๐ MACROECONOMIC & POLITICAL OUTLOOK
Trade negotiations between the US and China have resumed, with China reaffirming its intent to defend strategic metal exports amidst ongoing tariff threats.
The US national debt is projected to reach $55 trillion by 2034, prompting central banks worldwide to continue stockpiling gold as a hedge against fiat devaluation.
Fed Chair Jerome Powell maintains his stance of โnot rushing to cut rates,โ but political pressure โ especially from former President Trump โ is escalating rapidly.
Unemployment Claims fell slightly last week, reinforcing the view of a weakening labour market. If tonightโs NFP print disappoints, gold may surge on renewed expectations of future Fed easing.
๐ TECHNICAL ANALYSIS (H1 โ EMA 13/34/89/200)
Gold has formed a classic impulsive wave structure, with recent highs tested around the 3408 โ 3410 resistance zone.
Price action is consolidating near the EMA 89 and EMA 200, suggesting indecision and building energy for a potential breakout.
A breakdown below the 3344 โ 3332 support zone could trigger a move toward the FVG liquidity block near 3320, a potential institutional buy level.
๐ STRATEGIC KEYLEVELS TO WATCH
Resistance levels: 3380 โ 3392 โ 3408 โ 3436
Support levels: 3365 โ 3350 โ 3344 โ 3332 โ 3320
๐งญ TRADE SETUPS
๐ป SELL ZONE: 3408 โ 3410
Stop Loss: 3415
Take Profit: 3404 โ 3400 โ 3395 โ 3390 โ 3380 โ 3370 โ 3360 โ 3350
๐ต BUY ZONE: 3318 โ 3316
Stop Loss: 3310
Take Profit: 3322 โ 3326 โ 3330 โ 3335 โ 3340 โ 3350 โ 3360 โ ???
โ
CONCLUSION
Gold is โholding its breathโ before the potential NFP-triggered breakout.
If NFP disappoints โ USD weakens โ Gold could explode above 3410.
If NFP beats expectations โ Sellers may take full control and shift the market into a correction phase.
BEST XAUUSD M30 BUY AND SELL SUTUP FOR TODAY๐ Gold is currently showing bullish strength with a break above key structure levels and multiple CHoCH confirmations. Price is approaching a weak high near 3,392, which may act as a liquidity target before potential reversal. ๐ After sweeping this high, a bearish move could unfold, aiming for the demand zones between 3,350โ3,333 where buyers may step back in. ๐ง Traders should prepare for a liquidity grab scenario, with bullish continuation likely invalidated if price closes below the strong demand. โ ๏ธ Watch price action closely near the weak high and key imbalance zones. ๐๐๐
GOLD 3Days Chart | ViewGold, Silver, Platinum Outlook โ Gold Eyes Breakout as Dollar Weakens
- Gold is gaining momentum and approaching a major breakout level near $3,350, supported by a weakening U.S. dollar, rising Treasury yields, and renewed safe-haven demand. A recent U.S. credit downgrade, driven by fiscal concerns, has added pressure on the dollar and boosted interest in hard assets like gold.
- After reclaiming its 20-day moving average, gold climbed to $3,321, showing improving bullish strength. This area is a key confluence of resistance, including the 78.6% Fibonacci retracement and intersecting trendlines. A sustained move above $3,375 would confirm a breakout, likely targeting $3,435 and possibly retesting the all-time high near $3,500.
However, if gold fails to hold above $3,375 and reverses, it could signal a false breakout. In that case, the downside scenario comes into play. Initial support sits around $3,277, and a break below that could see prices drop toward $3,184 (around the 50-day MA). If selling pressure intensifies, the next key level to watch is $3,121, the monthly low and a critical line for maintaining the broader bullish trend.
- Silver is also riding bullish momentum, reclaiming its 50-day moving average at $32.80 and testing resistance at $33.70. A breakout could drive prices toward $34.87, fueled by inflation fears and broad dollar weakness.
- Platinum has surged to a one-year high at $1,075.59, driven by tight supply and a spike in Chinese imports. With no immediate resistance, it is poised to challenge $1,100, supported by strong fundamentals and technicals.
CORRECT WAY OF WATCHING YOUR SCREENI believe if you really wanna achieve success in trading it is very important to see how you are looking your charts, while watching your charts your love curves should be easily visible. Creating that perception is trading. On a serious note Gold movement is amazing.
Why I Think Gold Will Sell Today...Technical AnalysisHey Rich Friends,
Happy Tuesday! I wanted to share my Gold analysis and why I think it will sell. This is only a technical analysis so please check the news and cross-reference your own charts. Here is what I am looking at:
- There was a break of structure on H1 and previous support was retested as resistance.
- Bearish confluence on additional time frames: D, H4 and M15
- The stoch is facing down, both lines have crossed below 20, slow line (orange) is above the fast line (blue) which is a bearish confirmation for me.
Additional information:
- I would set sell stops to catch the momentum going down
- I will be setting sell stops and using previous highs as my SL and previous lows as my TPs.
- Focus on closing the gap from last week
Good luck if you decide to take this trade, let me know how it goes.
Peace and Profits,
Cha
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.
Click Boost, Follow and Subscribe for more updated data and info. Let's get to 5,000! ;))
6/5 Gold Analysis and Trading SignalsGood morning, everyone!
Gold surged above 3380 yesterday but faced strong resistance, pulling back before testing the critical 3400 level. Despite multiple attempts, price failed to break through, highlighting a clear lack of bullish momentum near historical highs.
From a technical perspective, a potential M-top (double top) pattern is forming on the 30-minute chart. If confirmed, we can expect a deeper retracement, with an initial target around 3330, and possibly 3300 in case of further downside. Under this structure, todayโs primary trading bias should favor short positions.
That said, if gold breaks above 3400 with strength, the 3416โ3438 target zone becomes viable. However, any such breakout is likely to be followed by a pullback. In that scenario, weโll closely monitor the 3392โ3368 support range before executing follow-up trades.
๐ Technical Notes:
Price remains near a historical resistance zone, and buyers are showing hesitancy at these levels;
While yesterdayโs Beige Book report provided short-term bullish sentiment, we need to observe whether the Asian and European sessions digest and extend that move.
๐ Fundamental Outlook:
The key event today is the U.S. Initial Jobless Claims report, which may trigger volatility;
Gold remains supported by risk-aversion flows, but traders should be mindful of potential corrections at elevated levels.
๐ก Risk Management Tip:
In such conditions, it is highly recommended to scale into positions with reduced lot size, and use tight risk controls to guard against unexpected reversals.
๐ Trading Recommendations for Today:
Sell near 3423โ3436, targeting short-term pullbacks
Buy near 3312โ3298, if deeper correction materializes
Pivot levels for tactical trades:
3416 / 3403 / 3392 / 3386 / 3367 / 3352 / 3343 / 3328
Strategy Summary:
Favor short setups on rallies unless 3400 is decisively broken. If support at 3362-3358 fails, expect the bearish trend to gain further momentum.
Gold could hold ahead of the FedUpward pressure from fundamentals and sentiment has been somewhat lower in June so far as trade tension has generally calmed down and stock markets have mostly recovered well from Aprilโs turmoil. Lower volatility is clear from both contracting Bollinger Bands and ATR, which has declined since last month but remains high at around $56.
5 Juneโs attempt at $3,400 hasnโt been decisively rejected yet, so itโd be quite possible to see the price moving somewhat beyond there intraday in the middle of June, but another vigorous phase of the main uptrend immediately seems less likely. The 100% weekly Fibonacci extension around $3,480 seems like a potentially strong resistance although itโs only been tested once so far on 22 April.
Equally, the area around the equivalent 61.8% Fibo and the 161.8% monthly Fibo extension would probably cap losses unless thereโs a strong driver of some sort. That might be a sudden resolution of trade tension or a major hawkish shift by the Fed, both of which seem quite unlikely. Overall, the situation seems to favour short-term traders for now.
This is my personal opinion, not the opinion of Exness. This is not a recommendation to trade.
Gold rebounds but hits resistance, pulls back Recently, Nonfarm Payroll data dropped significantly and fell short of expectations ๐! Although the Federal Reserve has remained cautious about rate cuts, under the pressure of persistently weak data, it will face mounting pressure from all sides to cut interest rates and rescue the market โ ๏ธ. Gold successfully stabilized and rebounded today after pulling back to test the vicinity of 3333 at its lowest point โจ! Despite currently trading within a range near 3375-3380 and hitting resistance, unable to break higher ๐, there is still room for trading opportunities ๐น๐.
Gold Trading Strategies
sell@3375-3385
tp:3340-3330
Professional trading strategies are pushed daily ๐
Lock in precise signals amid market fluctuations ๐
Confused about market trends? Stuck in strategy bottlenecks?
Real-time strategies serve as your "trading compass" ๐
From trend analysis to entry/exit points, dissect market logic comprehensively
Refer now ๐ฒ
Help you move steadily forward in investments โจ
๐๐๐
With bulls and bears in a stalemate, where will gold go?Gold fell under pressure around 3384 in the early trading on Thursday, and then rebounded after falling to 3361. The highest in the European session reached around 3403, and then fell back due to resistance. The US session accelerated its decline, reaching a minimum of 3339, and then rebounded in the late trading, closing in the negative on the daily line. The daily trend continued to fluctuate in a positive and negative cycle. On Thursday, it rose and fell, closed in the negative and fell below the 5-day moving average.
Today, we will focus on the resistance position of 3405. Whether it can break through will determine the strength of the bulls in the future market. The risk of continuous negative daily lines cannot be ruled out. The support below is the key points of 3330 and 3300. The 4-hour fluctuation range is locked at 3385-3335. The fluctuation space in the Asian and European sessions is limited. It is recommended to sell high and buy low. For stable trading, it is recommended to go long in the 3340-3350 area. The overall bullish trend has not changed, and the impact of non-agricultural data is limited. It is expected that gold will most likely rise and fall. Remember not to chase the rise and sell the fall, and wait patiently for opportunities.
Steady trading, precise attack!
GOLD Is Bearish! Sell!
Take a look at our analysis for GOLD.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 3,360.39.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 3,295.58 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
XAUUSD:Go long
Gold in yesterday bottom pick up, back to hit a low after pumping, and then stabilize and pull up, the daily line is a single negative back to step, corrected gold continues to be bullish, short - term back to step support to see 3355-3360
Trading Strategy:
BUY@3355-60
TP:3375-80
โโโ More detailed strategies and trading will be notified here โโโ
โโโ Keep updated, come to "get" โโโ