GOLD & ELLIOTT WAVE!!!Gold has hit 3300 from the 3200 support zone. Now, gold can correction to 3258 3265 .Then gold will continue to grow to the next target 3320/3325. Last target is 334x 337x zone
Good luck and safe trading!
XAUUSDG trade ideas
GOLD ROUTE MAP UPDATEHey Everyone,
After completing the bearish targets yesterday, confirmed by the EMA-5 cross and lock, we continued to buy dips. We noted that the swing range was active, but the full swing hadn't played out yet.
Today, that full swing completed, reaching 3254, marking a perfect move within the expected range.
Now, the price is likely to fluctuate between 3233/3201lower Goldturns and 3254 as the upper Goldturn.
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 (SWING ACTION COMPLETE)
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
GOLD COMING BACK TO ITS SENSES? BULL#SHLets see if GOLD is finally reversing back up we have a change in the 15min and the 1H showing strong bullish momentum, so this could indeed be a reversal, looking to target those highs in the next few weeks
AJA's Gold view This weekRight after gold hit it's all time high. ATH. Viewing from the daily timeframe, it created an inducement, which we've been waiting for, for a while now.
We've our inducement at 3,201. Right where my alert is set at. Hoping it takes it down to our breaker block right at 3,164 and 3144, where the buys can start coming in.
Major trend for gold is still Bullish, so we only wait for this correction to be over. Hopefully, with time, giving us a new all time time. ATH
Do comment what you think. Thank you.
Gold back below 3200 today?⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) edged lower to around $3,230 during early Asian trading on Tuesday, weighed slightly by a modest rebound in the US Dollar (USD). However, lingering concerns over the health of the US economy—especially in the wake of Moody’s recent credit rating downgrade—may help limit further downside for the precious metal.
The Greenback’s recovery is curbing upside momentum for USD-denominated assets like gold. Still, heightened economic uncertainty continues to underpin safe-haven demand. Moody’s downgraded the US sovereign rating from "Aaa" to "Aa1" on Friday, citing escalating debt levels and interest obligations that now exceed those of other similarly rated nations. These developments are keeping risk sentiment fragile and lending underlying support to gold prices.
⭐️Personal comments NOVA:
Accumulate along the upper and lower trend lines, gold price will break and take more liquidity than the downtrend
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3224- 3226 SL 3230 scalping
TP1: $3215
TP2: $3208
TP3: $3200
🔥SELL GOLD zone : 3276- 3278 SL 3283 scalping
TP1: $3260
TP2: $3250
TP3: $3240
🔥BUY GOLD zone: $3152 - $3150 SL $3145
TP1: $3165
TP2: $3180
TP3: $3195
⭐️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
16 hours ago
THE KOG REPORT - Update End of day update from us here at KOG:
What a day on gold. We wanted this to go higher into the order region to enable us to short it in to the level we wanted following the path. Market glitched, we didn't get the move we wanted, completed all the bearish targets for the week but then....we managed to get a nice long trade from the lows into the resistance level above.
Now 3230 turns into resistance with many traders chasing the gap early session likely holding on to trades. As you can see, the red box broke early session, that was the signal to maintain the move into the levels. So we'll stick with it at the moment as long as that 3255 level holds us down. An undercut low takes us into 3190-5 which is where we may see price hold for CPI tomorrow.
All bearish targets done in one swoop!
KOG’s bias of the week:
Bullish above 3310 with targets above 3335, 3345, 3350, 3350, 3362 and 3370
Bearish below 3310 with targets below 3306✅, 3301✅, 3297✅, 3285✅ and 3274✅
RED BOXES (TAKE NOTE)
Break above 3335 for 3342, 3350, 3354, 3365, 3370. 3373 and 3385 in extension of the move
Break below 3320 for 3310✅, 3306✅, 3298✅, 3293✅, 3285✅ and 3279✅ in extension of the move
As always, trade safe.
KOG
Gold 1:12 RR Long TradeGold 1:12 RR Long Trade. Fromm here it need to Go up till my TP. It's not #ICT or #SMC. Its purely taken on my Experience and Future prediction.
Gold - New All Time High in the making?market context and trend environment
This 4-hour chart of Gold (XAU/USD) from OANDA illustrates a strong impulsive structure within a broader bullish trend. Following a sharp upward movement that broke through previous structure, gold formed a swing high before entering a corrective phase. The market has since pulled back and appears to be stabilizing near a zone of high confluence, suggesting potential for a renewed move to the upside. Price has respected key retracement levels, reinforcing the technical strength of this zone.
fair value gap and fibonacci confluence
A notable feature of this setup is the alignment between a visible fair value gap and the Fibonacci golden pocket zone, comprising the 0.618–0.65 retracement levels. This convergence of technical tools adds weight to the significance of the support zone around the 3,280–3,300 region. Fair value gaps represent inefficiencies in the market caused by strong institutional participation, while the golden pocket is historically known for acting as a magnet for reversals within trending markets. The presence of both in the same area increases the likelihood of price reacting positively here.
liquidity sweep and structural reaction
Before revisiting this key demand zone, price briefly swept below a local low, which may have served as a liquidity grab to fuel the next bullish leg. This liquidity sweep is followed by a sharp reaction, suggesting that downside pressure may have been absorbed by aggressive buyers positioned at the FVG and golden pocket. Price has since rebounded, and the subsequent price action shows a gradual formation of higher lows, hinting at a shift in short-term order flow back in favor of buyers.
projection and bullish scenario
The chart projects a potential bullish continuation move, with a series of higher lows anticipated to form en route to a break of structure above recent swing highs. Multiple buy-side liquidity levels (BSL) are marked, representing areas where buy stops are likely to be clustered. These zones offer clear targets for bullish expansion. The blue arrowed projection outlines a methodical stair-step advance, respecting interim levels before ultimately attempting to reach the prior high near 3,530.
strategic framework and trader insight
This chart offers a methodical roadmap for bullish continuation, rooted in the smart money framework of liquidity, inefficiency, and institutional order flow. The confluence between the fair value gap and Fibonacci retracement is particularly notable and serves as a key validation area for bullish traders. Rather than anticipating immediate breakout behavior, the projection emphasizes a progressive structure that aligns with how larger players tend to accumulate positions before moving the market. Patience and alignment with structure are emphasized as price prepares for a potential continuation move higher.
The recent gold short position has a perfect harvestIt can be said that the market of gold on Wednesday was mainly range-bound. After the US market, gold began to follow a unilateral decline pattern, with the lowest reaching the 3173 line. The current rebound of gold is not strong. On the rebound, we will focus on the 3206-3210 line for suppression at the top and 3154-3154 at the bottom. 3160 is a first-line support. The general trend is still mainly rebounding and shorting. We continue to rebound and take advantage of the trend to intervene in short orders and be a stable trader. I have always been here. If your current gold operation is not ideal, I hope that your investment can avoid detours. Welcome to communicate!
Judging from the 4-hour analysis, the upper side is currently focusing on the short-term suppression of the 3206-3210 first line. The counter-draw relies on this position to continue to go short first and then fall back. Before breaking through and standing at this position, the counter-draw main short-term rhythm will remain unchanged. The short-term support below is around 3154-3160, with interval operations as the main focus.
Gold operation strategy:
Gold rebounds and goes short at 3206-3210 line, stop loss at 3219, target 3160-3165 line, continue to hold if the position is broken;
GOLD (#XAUUSD): Buying Opportunity on Pullback Following a bearish movement yesterday, gold has fallen to a significant intraday/daily horizontal support level.
The formation of a cup and handle pattern serves as a strong buy signal, and there is a high likelihood that the price will soon retrace to 3275 level soon.
Gold on hard Resistance zoneTechnical analysis: Gold continues to Trade within healthy Hourly 4 chart’s Ascending Channel, holding tightly the #3,242.80 - #3,252.80 pressure point as an Resistance zone (see how it held throughout today’s session on the exact spot, aswell holding and untouched in #10-session base). Assuming that the Buying pattern continues, then the current market sentiment represent an additional solid Buying opportunity towards the #3,262.80 extension (taken from June - July Annual High’s), however recession sentiment is off the markets (at least for Short-term) so safe-haven assets such as Gold (which were on High-demand) should suffer as Investors are slowly losing interest which should add strong Buying pressure on Bond Yields and DX (my strongest correlation at the moment). There are only two Resistance lines left towards #3,262.80, which are currently Trading on #3,244.80 and #3,252.80 configuration. I’ve been highlighting the #3,252.80 potential, and I assume with current market overview, Gold may test it within current session. However keep in mind that rejection here can extend the Selling sequence below #3,227.80 Support in extension.
My position: Gold is Trading near hard Resistance zone and under Buying pressure due DX taking strong Intra-day hits. I will Trade the break-out, either #3,244.80 Resistance towards #3,252.80 benchmark and above or await will #3,227.80 Support reject every downside attempt. All depends on how DX fares into coming sessions.
Gold Price Drops to Lowest Level in Over a MonthGold Price Drops to Lowest Level in Over a Month
As shown on the XAU/USD chart, the price of gold fell below $3,130 this morning – its lowest level since 10 April.
Since its peak in May, gold has lost more than 8% in value per ounce.
Why Is Gold Falling?
Bearish sentiment in the gold market may be fuelled by easing geopolitical tensions. According to media reports:
→ China and the US have already reported progress in reaching a trade agreement, while details of potential deals with India, Japan, and South Korea are currently being developed.
→ Iran is reportedly willing to sign a nuclear deal in exchange for the lifting of sanctions. In addition, Donald Trump may lift sanctions on Syria during his visit to the Middle East.
→ The situation between India and Pakistan has stabilised, and today, talks between Russia and Ukraine are expected to take place in Istanbul, with a potential ceasefire on the agenda.
These developments could be seen as reducing the appeal of gold as a safe-haven asset.
Technical Analysis of the XAU/USD Chart
In our 7 May gold price analysis, we:
→ outlined a descending channel (marked in red);
→ noted that bearish pressure persisted above $3,400.
Since then, the gold (XAU/USD) price has continued to move within this channel, breaking support around the $3,200 level and approaching a key support zone formed by:
→ the lower boundary of the red channel;
→ a long-term trendline (marked in blue);
→ a former resistance level (highlighted with arrows) at $3,140.
Given these conditions, traders should consider a scenario in which a minor rebound may occur – for instance, towards the median line of the red channel.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
SHORT - GOLD (XAU/USD): Decending Triangle on GOLD Good Morning, Traders.
As always, please note that this is not financial advice — always do your own research (DYOR).
This morning, we are observing the development of a descending triangle pattern on the 15-minute timeframe, forming at a critical support level. This technical formation is often indicative of bearish momentum.
Should the price action decisively break below this key support, it would signal a potential shorting opportunity. Such a breakdown could trigger accelerated selling pressure, offering the possibility of favourable risk-to-reward setups for short positions.
Traders are advised to closely monitor price behavior around the support line, watch for increased volume on the break, and ensure proper risk management before entering any positions.
Stay vigilant and trade smart.
THE SOUTHEASTEveryone would sell out and go,
everyone who counts.
Technical Section:
ABC bear market (the price of gold must come down)
Target-1 =$ 3000
Target-2 =$ 3300
Target-3 =$ 2650
We shall see.
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! ;))
GOLD - Price can break support level and continue to declineHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Recently price entered to triangle, where it at once bounced from support line, which coincided with support level.
Price rose to resistance line, breaking $3400 level, but soon turned around and dropped below, breaking this level again.
Next, Gold made a gap and continued to fall in a triangle, and later it reached $3215 level, after which bounced up.
Then price exited from triangle, rose to $3400 level and made fake breakout, after which started to decline in falling channel.
In channel, price fell to $3215 level, where at the moment continued to trades close and trying to break this level.
I think Gold can break this level and continue to fall in a falling channel to $3140
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Gold bearish zone below 3198Gold could drop if it goes below 3198 level, It is bearish zone and may
it goes to 3155 and 3122 level, SL is 3230.
Note: This is not a buy/sell trade call. It is an analysis.
XAU/USD: Gold will fall ? (READ THE CAPTION)By analyzing the gold chart on the 2-hour timeframe, we can see that on Friday, after the price rose to $3248, it once again faced a correction and eventually closed at $3326. I expect that with the market opening, we’ll see further correction from gold, and the first potential target will likely be the $3213–$3216 area.
The key demand zones are $3253–$3274 and the $3313 level.
The key supply zones are $3355–$3369 and $3395–$3408.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
(XAU/USD) Bearish Trade Setup – Targeting $3,222 with 1:6 Risk/REntry Point: Around 3,409.33 - 3,408.41 USD.
Stop Loss: 3,437.87 USD.
Target (Take Profit): 3,222.53 USD.
Risk/Reward Ratio: Approximately 1:6, which is favorable.
📉 Price Action & Trend Analysis:
A rising wedge (or channel) appears to have formed and broken to the downside — a bearish signal.
The current price at 3,341.47 has broken below a minor support zone (highlighted in purple), indicating bearish momentum.
Price is now approaching the 200 EMA, which is acting as potential dynamic support.
📌 Key Levels Highlighted:
Support Zones: Near 3,347.47 (previous minor support) and 3,222.53 (main target zone).
Resistance Zones: At the entry level and above, near 3,437.87 (Stop Loss zone).
🔄 Indicators:
Moving Averages (Red and Blue Lines): Shorter-term moving average (red) is below the longer-term (blue), indicating downward pressure.
Momentum Shift: The sharp drop suggests a likely continuation of the bearish trend.
DeGRAM | GOLD triangle volume reduction📊 Technical Analysis
● A lower-high formed at $3 280 re-entered the red supply and slid back beneath the blue trend-line, converting last week’s “break-out” into a bull-trap.
● Price is compressing in a bear-flag whose base rests on $3 200; a 1 h close below it exposes the descending-channel floor/ horizontal support at $3 100.
💡 Fundamental Analysis
● FOMC minutes stressed rates may stay “restrictive for some time”, lifting 2-yr yields to 4.9 % and firming the USD, while the World Gold Council logged a 6-tonne ETF outflow on 17 May, signalling weaker investment demand.
✨ Summary
Sell rallies into 3 230-3 250; flag break targets 3 200 ➜ 3 100, risk capped above 3 280.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
XAUUSD at Key Resistance – Breakout or Rejection?Gold is moving within the range at the moment and trying to break 3320. The price bounced from the higher low and is currently testing a key resistance zone around 3320. While the pair remains within the broader upward channel, early signs of rejection could trigger a pullback toward the support level. For bulls to maintain momentum, a clear breakout and hold above the descending trendline is essential. Failure to do so would confirm another lower high, increasing the likelihood of further downside.
Most Watchable areas:
$3320-3330 and $3293-$3305
Proper break above $3330 can open the door to $3360 and if it will be rejected from this area
then Sell will be triggered with target of 3230.
Note
Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
Gold will retrace first, before rising againminor timeframe formed ascending broadening wedge pattern, I have sold from afar but forgot to give the analysis, for the target is still quite far away at 3155.
SL: 3221 (150 pips)
TP: 3155
Will gold continue to rise to 3280-3330 today?Hello everyone. Let's discuss the trend of gold this week. Today, Moody's downgraded the US sovereign credit rating from AAA to Aa1 on the grounds of "debt surge and fiscal out of control", ending the US's last "top credit" title among the three major rating agencies.
Due to this influence, gold opened sharply higher today, Monday, and the highest so far is around 3250.
Here is the 1-hour chart:
If gold can continue to rush above 3250 in the short term, then we will see 3280-3300 later.
The high point of 3250 may be broken at any time.
For now, I think that as long as gold is above 3200 today, gold will continue to rise.
So, if you do it in the short term, you can buy in the 3200-3220 range, with 3200 below as defense, and as long as the upper target stands firm at 3250, you can continue to see the 3280-3300-3330 range.
