Gold latest strategy signals- Point of Interest
- Symmetrical Triangle as corrective pattern in Short Time Frame
- Order Block
- Completed " 12345 " Impulsive Waves and " AB " Corrective Waves
- Fibonacci Level - 38.20% / 50.00%
XAUUSDK trade ideas
Gold will drop to $2,800 after the correction!Hello, traders
Gold starting the week with some bullish momentum. We've seen a 'BOS' to the downside, which is now being followed by a retest of a supply zone. This zone can either be around $3,317 (0.618% Fib) or higher around $3,400 zone (0.365% Fib).
Don't forget we're in a 'Wave 4 Correction' of the Elliott Wave Theory strategy. Wave 4 always has choppy price action to trap in late buyers & early sellers.
Fed interest rate suspense and tariff shockGiven the current heightened uncertainty, the implementation of tariff policies, rising inflation expectations, and declining household and business confidence, the market generally expects the Federal Reserve to keep its policy interest rate unchanged this week. Fed Chairman Powell may hint that he is not in a hurry to cut interest rates, and mentioned that tariffs will push up inflation and drag down economic growth. With the implementation of tariffs, inflation will rise significantly in the coming months, and the US economy may fall into a mild recession in the second half of the year, with economic activity and employment likely to shrink in the third and fourth quarters.
In terms of gold, yesterday the lowest fell to 3305 and began to stabilize and rise. It closed at 3334. The daily line closed with a big positive column. Gold opened slightly with a slight correction of 3323 and began to stabilize and rise. Asian gold once again made a strong effort to rise to the highest position of 3386. The current lowest is 3353. It is currently at noon. It is hovering at 3365, and the overall trend is strong, but the excessive rise seems to reserve rhythm space for the next European and American trading. Be careful with short covering. The current upper resistance is at 3372-3377, and the lower support is at 3324-3317. In terms of operation, it is recommended to rebound and short.
Operation strategy 1: It is recommended to short on the rebound at 3372-3377, stop loss at 3382, and the target is 3350-3325.
Fibonacci Confluence Fuels Gold’s Next Rally: Wave (Y) InsightThis 4-hour chart of XAU/USD is showcasing a WXY corrective pattern, a classic double zigzag (W)-(X)-(Y) correction after a strong impulsive move
Wave (W) has topped, marking the end of the first corrective leg.
A deep correction into the 0.5 Fibonacci retracement level occurred with wave (X), forming a potential higher low within the red demand zone.
Now, wave (Y) is anticipated, which typically mirrors or slightly exceeds the length of wave (W) but in a more corrective format.
Target 1: 3292.629
Target 2: 3372.161
Stop loss: 3201.955
Will gold fall after encountering resistance at its high point?Planning your trading is the prerequisite for making profits. The essence of the market is the cycle of highs and lows, alternating ups and downs, and the essence of trading is to grasp the relative highs and lows in the market and snipe valuable trading opportunities. This value has only two points: first, probability, and second, space.
After the gold price rose, we will analyze the trend of it correcting from the high to 3200. The key position of this rebound, that is, the 618 position, is near 3386. The gold price encountered resistance here in the morning. So technically this suppression can be used as a key reference for the future market. Today in the Asian session, we will first observe the support situation of 3350. If it breaks down, then before the interest rate decision in the early hours of Thursday, we will pay attention to whether the gold price can stand firmly above 3272. If this position is not stable, then the second half of the week will still be a downtrend. This wave of rise can only be regarded as a rebound repair, not a bull return (the premise is that 3386 above must not be broken).
Today's gold short-term operation ideas suggest that rebounding is the main focus, and callbacks are supplemented by longs. The upper short-term focus is on the 3386-3390 first-line resistance, and the lower short-term focus is on the 3320-3300 first-line support. All friends must keep up with the rhythm.
Short position strategy:
Strategy 1: Short 20% of the gold position in batches when it rebounds to around 3380-3385, stop loss 6 points, target around 3350-3330, and look at 3320 if it breaks;
Long position strategy:
Strategy 2: Long 20% of the gold position in batches when it pulls back to around 3315-3320, stop loss 6 points, target around 3340-3360, and look at 3380 if it breaks;
Bears are active at the beginning of the week, prices are down⭐️GOLDEN INFORMATION:
The United States and China announced “substantial progress” following two days of trade negotiations in Switzerland, marking a potential turning point in efforts to ease tensions between the world’s two largest economies. Chinese Vice Premier He Lifeng characterized the discussions as “an important first step” toward stabilizing bilateral trade, while US Treasury Secretary Scott Bessent echoed the sentiment, noting meaningful advancements were made. The US is expected to release more details about the outcome of the talks on Monday.
While signs of progress may dampen demand for safe-haven assets like gold, lingering uncertainty around the specifics of any deal could still lend some support to the precious metal. “Ongoing ambiguity surrounding tariffs remains one of the most influential factors sustaining gold,” noted David Meger, Director of Metals Trading at High Ridge Futures.
⭐️Personal comments NOVA:
The short-term downtrend is maintained, gold price accumulates around 3300 and continues to go down to lower support zones.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3315- 3317 SL 3322
TP1: $3300
TP2: $3290
TP3: $3280
🔥BUY GOLD zone: $3223 - $3225 SL $3218
TP1: $3238
TP2: $3245
TP3: $3260
⭐️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
Gold Market Update - XAUUSD May 5th after PMI news🧠💣 “This Chart Might Offend Your Favorite Indicator – We Trade Pure Structure Only.” 💥⚡
⏳ Market Context:
Gold exploded from 3210 to 3328 after PMI release, trapping late sellers and punishing anyone short below 3260. After a sharp rejection at the 3327–3333 premium zone, price dropped fast to 3306 before recovering — confirming both a valid sell reaction and strong demand.
Now price is climbing again, sweeping equal highs and pressing into a weak high zone. But guess what? No valid H1–H4 supply break yet = no strong bearish confirmation. Smart Money is lurking — we’re watching the next trap unfold.
🧠 Structural Key Zones (What Price Is "Eyeing"):
Above:
• 🔥 3360 = weak high reaction level
• 🔥 3380–3395 = unmitigated FVG zone and final high supply pre-sell-off
Below:
• 🧊 3305–3310 = recent liquidity grab zone
• 🧊 3272–3284 = daily FVG + EMA confluence
• 🧊 3220–3235 = HTF unmitigated bullish OB + H4/D1 EMA200 = possible swing reentry
🔥 “Gold’s Not Done — The Liquidity War Isn’t Over Yet”
Smart traders aren’t guessing. They’re stalking zones. Let’s lock in the plan.
🧭 Bias & Flow
Macro: No more high-impact USD news today. Market digesting ISM PMI.
HTF (H4–D1): Bullish continuation unless 3272 breaks
LTF (M15–H1): Bullish pressure — currently front-running premium sell zones
👁🗨 Real-Time Price Context
📍 Price now at 3332
🔸 Approaching Sell Zone #1: 3360–3368
➡ Wait for reaction or internal CHoCH to validate
➡ No aggressive short here unless 3344 starts rejecting hard
📌 Key Level Zones
Type Price Zone Confluence
🔺 Resistance 3360–3368 Weak High + OB + FVG + Liquidity
🔺 Resistance 3380–3395 Final premium trap zone (HTF sell block)
🟩 Support 3272–3284 H1 Demand + FVG + EMA stack
🟩 Support 3220–3235 HTF OB + EMA200 D1 + Deep liquidity
🎯 Sniper Entry Plan
🔻 Sell Zone #1: 3360–3368
• SL: 3376
• TP1: 3344
• TP2: 3310
• TP3: 3285
Price is close — wait for confirmation wick / M15 structure shift
🔻 Sell Zone #2: 3380–3395
• SL: 3405
• TP1: 3360
• TP2: 3325
• TP3: 3275
High-risk sell if bulls overextend; final stop before reversal
🟢 Buy Zone #1:3300–3306 → Previous reaction zone
‣ SL: 3290
‣ TP1: 3320
‣ TP2: 3340
‣ TP3: 3360
Clean demand left unmitigated, supported by fair value gap on M15.
🟢 Buy Zone #2: 3272–3284
• SL: 3262
• TP1: 3305
• TP2: 3333
• TP3: 3360
Still valid if we see clean sweep and reentry from FVG
🟢 Buy Zone #2: 3220–3235
• SL: 3200
• TP1: 3260
• TP2: 3300
• TP3: 3340
Only if market nukes deep — last solid demand floor
🔍 Eyes On Zones
🔹 3344: micro resistance = potential front-run fade
🔸 3360: must-watch — premium trap candidate
⚠ Below 3272 = bearish sweep risk into 3220
💬 Final Word — GoldMindsFX Style
Don’t be fooled by the speed. Gold’s strength is real — but so is its manipulation. Snipers don’t chase, they prepare. Stay cold, stay calculated.
🔥 Drop a ⚔ if you’re stalking 3360 with surgical intent.
🙏 Like this breakdown? Boost and follow us for sniper setups all week.
📌 Important Notice!!!
The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your plan and wait for confirmation before taking action.
XAU wait to enterMy vision where going price next wek.
Important area 3290 if break it down price will fall to 3200 and lower.
Could India-Pak ceasefire & China-US talks trigger gold's declinNews
From May 5th to 9th, trade tensions and geopolitical conflicts have driven the gold market to rise 📈. The spot gold price has once broken through 3,438. As the bullish momentum has waned, investors have taken profits at high levels, and the weekly increase has narrowed to about 3.1%. Trump's remarks on tariffs, uncertainties in trade negotiations, the conflict between Russia and Ukraine, and the military standoff between India and Pakistan have stimulated the demand for safe-haven assets, pushing up the gold price 💹. Technical indicators show that the short-term correction pressure has increased, and the market may enter a phase of volatile consolidation 🤔.
Gold Trend
At the beginning of this week, influenced by the safe-haven property of gold, its price has increased. However, this tariff news has less of an impact on the gold price than before, and the upward trend has stopped at 3,439. After the Federal Reserve maintained its interest rate policy unchanged, the gold price has declined for two consecutive days 📉, and yesterday's closing price was above 3,300.
Looking ahead, with the ceasefire of the conflict between India and Pakistan and the advancement of the China-US talks, the gold price is likely to drop significantly next week ⬇️. The ceasefire between India and Pakistan has alleviated the geopolitical tensions, weakening the driving force for gold to rise as a safe-haven asset. If the China-US talks achieve positive results, the market's risk appetite will increase, and investors are likely to shift their funds from gold to risky assets such as stocks. In the past, when there has been progress in trade negotiations, the gold price has dropped significantly. Overall, there is an obvious downward trend for the gold price next week 😟.
⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️
🚀 Sell@3330
🚀 TP 3280 - 3260
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
Down nearly 2% on Wednesday, GOLD still rebounds quickly on riskOANDA:XAUUSD fell nearly 2% on Wednesday (May 7), mainly due to a stronger US dollar and optimism from upcoming trade talks between the United States and China, while the Federal Reserve's "standstill" also added pressure on gold prices. However, it was supported by escalating geopolitical risks.
On Wednesday, the Federal Open Market Committee (FOMC) left the target range for the federal funds rate unchanged at 4.25%-4.50%, citing increasing uncertainty about the economic outlook and rising risks to both maximum employment and price stability. “Uncertainties about the economic outlook continue to increase,” the FOMC said in its post-meeting statement. “The Committee is concerned about bilateral risks to its dual mandate and sees increasing risks to unemployment and inflation.”
Federal Reserve Chairman Powell maintained a neutral tone, saying the current policy stance was appropriate and the Fed was in no rush to adjust interest rates. He stressed that the Fed was prepared to act “quickly as needed” if circumstances changed, but warned that the Fed’s goals would not be fully achieved if tariffs remained in place.
Powell added that if either side of the dual mandate deviates too much, the Fed will evaluate which policy tool to use to achieve rebalancing.
When asked which mandate, inflation or employment, should receive more attention, he said it was too early to tell.
The market consensus remains that the Fed will not cut rates before July. In a higher interest rate environment, non-interest-bearing gold is often under pressure.
Big news on China-US trade talks
China and the US announced that US Treasury Secretary Besant and US Trade Representative Greer will travel to Switzerland to meet with Chinese Vice Premier He Lifeng.
The talks are the first since US President Donald Trump imposed comprehensive tariffs on China and have raised optimism that the two largest economies can reach a deal.
On Wednesday, a spokesperson for the Chinese Ministry of Commerce answered reporters' questions about the high-level economic and trade negotiations between China and the United States. The spokesperson said China has decided to cooperate with the United States. Vice Premier He Lifeng, as head of the China-US economic and trade negotiation delegation, will hold talks with his US counterpart, US Treasury Secretary Benson, during his visit to Switzerland. - Bloomberg -
India-Pakistan tensions spiral after attack, risk of further escalation fuels demand for safe havens
India's airstrike on Pakistan has stoked tensions, raising fears of a full-blown war between the two nuclear-armed nations.
India launched missiles at nine locations in Pakistan and Pakistan-administered Kashmir early on May 7 in response to a shooting that killed 26 tourists in Pahalgam, Jammu and Kashmir, two weeks ago. The Indian Ministry of Defense said its forces struck facilities used by "terrorist groups" to carry out the Pahalgam attack.
The Indian Air Force has mobilized many modern weapons, including Rafale multi-role fighters carrying SCALP-EG stealth cruise missiles and AASM Hammer extended-range guided bombs and cruise missiles. The target coordinates were provided to the forces participating in the campaign by Indian intelligence agencies.
Images released by the media show the moment the series of missiles crashed into the target, creating large fire circles and violent explosions. Pakistan said at least 26 people were killed in this attack. -According to Vnexpress -
Gold is an asset that often benefits first when market risks appear, and India is also a leading gold-using country in the world.
Technical Outlook Analysis OANDA:XAUUSD
After yesterday's decline, gold continues to receive support from the 0.236% Fibonacci retracement area with horizontal support at $3,350 as noted by readers in yesterday's edition and it is now also aiming for a target of $3,430.
Once gold breaks $3,430 it will be in a position to continue its rally with a target of around (all-time high) in the short term.
Technical factors are completely bullish, from the short-term trend noted by the rising price channel and the long-term trend from the rising price channel. On the other hand, the nearest support is also the EMA21.
The relative strength index RSI is still quite far from the 80 level and the overbought area, indicating that there is still room for growth ahead and gold is likely to continue to increase in terms of momentum in the coming time.
During the day, the main bullish outlook for gold prices in terms of technology will be noted again by the following levels.
Support: 3,371 – 3,350 USD
Resistance: 3,430 – 3,500 USD
SELL XAUUSD PRICE 3440 - 3438⚡️
↠↠ Stop Loss 3444
→Take Profit 1 3432
↨
→Take Profit 2 3426
BUY XAUUSD PRICE 3350 - 3352⚡️
↠↠ Stop Loss 3346
→Take Profit 1 3358
↨
→Take Profit 2 3364
GOLD Correction: Volunacci's TargetPerfect Volunacci formation, tested the golden zone of the top candle's spread and is going to hit It's target !
US-China optimism, GOLD falls sharply from target levelIn early morning trading on Wednesday (May 7), spot OANDA:XAUUSD fell sharply by nearly 2%. Bloomberg said that despite the escalation of military conflict between India and Pakistan, signs of progress in trade negotiations between the United States and China have limited demand for safe-haven assets.
Previously, gold prices had surged for two consecutive trading days. Spot gold prices rose nearly 3% on Tuesday.
China and the United States announced that U.S. Treasury Secretary Besant and U.S. Trade Representative Greer will travel to Switzerland to meet with Chinese Vice Premier He Lifeng.
Today (Wednesday), a spokesperson for the Chinese Ministry of Commerce answered reporters' questions about the high-level economic and trade negotiations between China and the United States. The spokesperson said that China has decided to cooperate with the United States.
Vice Premier He Lifeng, as head of the China-US economic and trade negotiation team, will hold talks with his US counterpart, US Treasury Secretary Benson, during a visit to Switzerland. It is the first such meeting since US President Donald Trump imposed sweeping tariffs on China and has raised optimism that the two largest economies could reach a deal.
Gold prices have risen nearly 30% this year as Trump’s aggressive trade and geopolitical policies have caused widespread market turmoil and investors have sought safe havens. Gold hit a record high of $3,500 an ounce in April but has fallen in recent weeks.
The Federal Reserve will announce its interest rate decision later Wednesday, and policymakers are expected to keep rates unchanged despite Trump’s repeated criticism of Fed Chair Powell for not cutting rates.
Fed officials have often stressed the need to wait and see how the trade policies implemented last month will affect the economy. Lower borrowing costs tend to be good for gold.
Technical Outlook Analysis OANDA:XAUUSD
After gold achieved the target increase noted by readers in yesterday's edition at 3,430 USD, it has fallen significantly in the early trading session today (7 May). But the downside momentum is also limited by the 0.236% Fibonacci retracement level, which is noted as the nearest support level and for gold to continue to increase in price, it needs to achieve the condition of recovering and breaking the 3,430 USD level after which traders can think about the 3,500 USD level in the near future.
During the day, in the overall picture, gold still has a bullish outlook with the long-term rising price channel and the short-term rising price channel as the trend and support from the EMA21 moving average.
As long as gold remains above the EMA21 and within/above the aforementioned price channels, the overall outlook remains bullish, but you should also note that in the current market environment, price movements of 2-3%/day are very common, so technical positions need to be firmly established (preferably at confluences where multiple indicators are present).
My notable positions will be listed as follows.
Support: 3,371 – 3,350 USD
Resistance: 3,400 – 3,430 USD
SELL XAUUSD PRICE 3440 - 3438⚡️
↠↠ Stop Loss 3444
→Take Profit 1 3432
↨
→Take Profit 2 3426
BUY XAUUSD PRICE 3337 - 3339⚡️
↠↠ Stop Loss 3333
→Take Profit 1 3345
↨
→Take Profit 2 3351
XAUUSDHello Traders! 👋
What are your thoughts on Gold?
After a strong upward move, gold entered a corrective phase upon reaching the $3500 resistance zone.
The current pullback is expected to extend toward the identified support area and the ascending trendline, where buying interest may reappear.
As long as gold holds above the support and trendline, the long-term trend remains bullish.
This correction could offer a buy-the-dip opportunity, with potential for a move back toward the recent highs.
Will gold find support and resume its rally? Share your thoughts below!
Don’t forget to like and share your thoughts in the comments! ❤️
The volatile decline in gold is in line with expectations!Technical analysis of gold: After rising and falling, gold has a large downward space, from 3438 to the current 3360, up and down close to 78 US dollars. Under this change, we should pay attention to whether the long and short changes of gold will continue. From the perspective of cyclical performance, after three consecutive positive lines on the daily line, there is a high probability of a wave of adjustment space, and the intensity of this adjustment will not be small, and it is possible that the big negative line swallows the positive line and goes directly below 3300. If it comes out like this, then it can be said that it is difficult for gold to rise this week. On Thursday and Friday, it may fluctuate and fall or fluctuate at a high level.
From the perspective of the 4-hour cycle, a big negative line closed, covering the previous positive lines, and breaking the support of the 5-day and 10-day moving averages. This wave may continue to fall to the Bollinger middle rail near 3300, but if it is a high-level shock, the Bollinger middle rail is not broken, and it may rise again to the high point of 3430. Therefore, gold has experienced a big rise and fall in this cycle, and now it is possible to rise or fall. In the short-term cycle, we will first focus on the support effect of 3360-3350 under the weakness of the early trading. If it does not break, we can continue to be bullish. The upper target is 3400, and if the strength is strong, we will look at 3430.
Overall, the short-term operation strategy for gold today is to rebound and short, supplemented by callbacks. The upper short-term focus is on the 3400-3405 line of resistance, and the lower short-term focus is on the 3350-3300 line of support.
Short order strategy:
Strategy 1: Short 20% of the gold position in batches when it rebounds to around 3397-3400, stop loss 6 points, target around 3360-3330, and look at the 3300 line if it breaks;
Long order strategy:
Strategy 2: Long 20% of the gold position in batches when it pulls back to around 3300-3305, stop loss 6 points, target around 3330-3350, and look at the 3370 line if it breaks;
Gold rises strongly and bulls restart!The 1-hour moving average of gold has begun to cross upward to form a golden cross, and the bulls have begun to exert their strength. After breaking through the 3300 line yesterday, for today's market, the opening of the morning session directly pulled up more than 40 US dollars. The bulls are strong and powerful. Now we are definitely not going to short, just follow the trend. The point of concern below is the low point of 3350. If gold continues to maintain its strength, it is impossible to fall below the 3350 line again, so we are looking for opportunities to go long above 3350 in the morning! The market is changing rapidly. Since the current gold bulls are more powerful, then continue to go long. After all, it is a callback in the bullish upward trend. It will be more repetitive when reflected on the short-term chart. The volatility base is large, and the operation should try to stick to the time point after the European session. On the whole, the short-term operation strategy of gold is recommended to go long on callbacks and short on rebounds. The short-term focus on the upper short-term resistance of 3415-3420, and the short-term focus on the lower short-term support of 3330-3350.
Gold's Zigzag Retreat: Shorts' Comeback LoomsOn Friday, gold rebounded slightly and regained the $3,330 mark during the North American trading session. However, it showed an overall volatile trend throughout the week and closed near the middle band of the Bollinger Bands at $3,325.54. The market interpreted the US-UK trade agreement as an "empty-shell agreement". Coupled with Trump's tariff remarks ahead of the upcoming high-level talks among major economies over the weekend, the risk aversion sentiment has risen again, providing support for the gold price.
The real-time trading signals we provided have been profitable every day. If you don't know how to get started, you can refer to my strategies. 👉🏼👉🏼👉🏼
Judging from the current market structure, during the upward trend that started from $3,200, gold has not experienced an obvious central consolidation and has accumulated strong retracement momentum. Combining with the small-scale trend, the current adjustment is more likely to unfold in the form of a falling zigzag pattern or a rectangular consolidation pattern rather than a strong breakout, as the weekly resistance level has not been effectively digested and there has been no new positive driving force in the market.
Next week, we need to be cautious about blindly chasing long positions and especially give up the illusion of "breaking through the previous high". In the short term, the probability of a retracement is much higher than that of a continuous unilateral upward movement.
XAUUSD
sell@3330-3340
tp:3300-3280
Investment itself is not risky; it is only when investment is out of control that risks occur. When trading, always remember not to act on impulse. I will share trading signals every day. All the signals have been accurate without any mistakes for a whole month. No matter what gains or losses you've had in the past, with my help, you have the hope of achieving a breakthrough in your investment.👇🏽👇🏽👇🏽
Will the price of gold rise or fall?From the perspective of the 4-hour cycle, a big negative line closed, covering the previous positive lines, and breaking the support of the 5-day and 10-day moving averages. This wave may continue to fall to the Bollinger middle rail near 3300, but if it is a high-level shock, the Bollinger middle rail is not broken, and it may rise again to the high point of 3430. Therefore, gold has experienced a big rise and fall in this cycle, and it is possible to rise or fall now. In the short cycle, first pay attention to the support effect of 3360-3350 under the weakness of the early trading. If it is not broken, you can continue to be bullish, with the upper target at 3400, and then look at 3430 if the strength is strong.
THE KOG REPORT - NFPTHE KOG REPORT – NFP
This is our view for NFP, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in price.
We’ve done well this week on gold, capturing the high into the low and then taking the long late session which has nearly completed our higher target for a decent week on this precious metal. As we’ve said, best practice is to let this play out, let them take it to where they want, once it settles, then look for the trade.
We have support now at the 320-35 level which is a key level that will need to break in order to reverse and go lower. This level also lines up with our Excalibur levels and red boxes so we can say it’s pretty strong. Above, we have the 3270-75 region which is the previous order level, our volume indicator is suggesting a pull back, so rejection there can take us back into support to settle for the NFP release. It’s this level, if held which can push this upside and our thoughts are at the moment, are they going to take this back into the previous range and hold it there into the close.
So as long as 3240 holds us, we’re likely to see higher pricing for now, 3310-20 is the key level above which needs to break to then give us the flip and potential for a new all time high.
For now, let’s sit back and see what happens.
RED BOXES:
Break above 3262 for 3265, 3270, 3275 and 3288 in extension of the move
Break below 3252 for 3240, 3236, 3230 and 3220 in extension of the move
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
XAU/USD..1h chart patttern..**Gold (XAU/USD) trade plan** based on My levels, optimized for risk/reward:
---
### **Gold (XAU/USD) Buy Setup**
**✅ Key Level:** **3300** (Resistance turned Support)
**🎯 Buy Zone:** **3340** (Pullback entry after breakout confirmation)
**🔥 Target:** **3500** (+1600 pts | **1:3+ R/R** if SL at 3280)
**🛑 Stop Loss:** **3280** (Below breakout level + buffer)
#### **Why This Works?**
1. **Breakout Retest:** Price broke **3300 resistance**, now acting as support.
2. **Higher Highs/Lows:** Uptrend intact (bullish structure).
3. **Target Logic:** Measured move from recent swing low projects to **3500**.
#### **Entry Triggers (Choose One):**
- **Aggressive:** Buy near **3340** with tight SL (3280).
- **Conservative:** Wait for **bullish reversal candle** (e.g., hammer, engulfing) at 3300-3340.
#### **Risk Management:**
- **Never risk >1-2% per trade.**
- **Move SL to breakeven** at **3380** (after +400 pts).
#### **Invalidation:**
- Close below **3280** (false breakout → cancel trade).
---
**Optional Confluence:**
- Check **RSI (30-50)** for oversold bounce.
- Watch **USD weakness** (Fed dovishness, CPI data).
Let me know if you want tweaks (e.g., shorter-term scalp targets). 🚀
Gold Price Analysis May 9The recent market with big fluctuations with yesterday's D1 candle down 100 price shows that the Sellers have regained their position.
Today's strategy is to watch SELL more than to watch BUY.
The Gold zone is reacting at the 3316 resistance zone and is heading towards 3322 at the end of the Asian session. Today's trading strategy pays attention to the 3322 resistance zone. If the European session does not break, SELL to 3300. If it breaks, hold to 3286. When it breaks 3286, do not BUY anymore but wait until 3325 to be able to BUY.
In the opposite direction, if it breaks 3322, wait for a test and BUY to 3350 and then SELL around 3350 today.
GOLD - FVG-Based Long & Short Setup Within Range ContextPrice action remains range-bound with well-defined FVG zones acting as both support and resistance, offering reactive trading opportunities on both sides.
---
1. Upper FVG as Resistance — Short Setup Trigger Zone
The highlighted upper green zone marks:
- Fair Value Gap (FVG): A clear inefficiency from the previous bearish impulse.
- Structural Significance: Price has struggled to break and hold above, showing signs of supply reactivation.
This zone is likely to attract sellers upon revisit, offering a clean risk-defined short opportunity.
---
2. Lower FVG as Support — Long Setup Zone
The lower blue zone serves as:
- FVG Rebalance Area: A region where price previously left inefficiency, now acting as strong support.
- Accumulation Interest: Smart money often reloads in such imbalanced areas on retests.
This zone is optimal for positioning into the next bullish leg should price dip lower.
---
3. Liquidity Sweep Mechanics — Trap Both Sides
The market structure hints at:
- Step 1: Induce buyers into breakout longs into resistance.
- Step 2: Reverse from FVG, triggering short entries and trapping longs.
- Step 3: Collect liquidity from lower range, potentially initiating new accumulation.
This movement pattern is characteristic of engineered liquidity grabs in both directions.
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4. Mid-Range Reaction — Key Pivot Area
Price currently hovers around the mid-range zone:
- Serving as a temporary balance point before volatility expansion.
- Acting as a launchpad for the next impulsive move, depending on order flow dominance.
Patience here is key — waiting for clean confirmations near FVGs provides optimal entry quality.
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5. Summary:
- Upper FVG Resistance → Short Bias
- Lower FVG Support → Long Bias
- Structured Reactions Around Imbalances Suggest Smart Money Activity
This is a dual-sided setup ideal for reaction-based traders awaiting price confirmation at extremes.
The exclusive bearish view on gold is in line with expectations!Gold's 1-hour moving average high also began to turn around, and the bulls were hit. If the rebound pressure is 3350, it is short. At present, gold has fallen below yesterday's 3350 rising platform, so it will fall back and pay attention to the vicinity of 3303! There is nothing to hesitate. The rebound of 3350 is an opportunity to increase positions and short, and the target is near 3305! Since the bullish volume of the gold market has been released, the bulls need to be repaired in the short term to rise further. Gold will go short in the afternoon. On the whole, it is recommended to rebound and short as the main operation strategy for gold in the short term, and to go long as the callback. The short-term focus on the upper side is 3350-3360 resistance, and the short-term focus on the lower side is 3300-3305 support.
XAU.usd watch $3407/18: Key Resistance and end of "Wave B" ?Part of my ongoing analysis of Gold (see below).
Per the last plot, we bounced exactly where hoped.
We may well be at "Wave B" end point near $3400.
This is bears best and last chance to get a lower low.
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Last Plot that caught our bounces EXACTLY
Previous Plot called the last Dip Entry EXACTLY
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I will post updates on this Idea as price action progresses.
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Please follow and like, for more EXACT plots to use in your trading.
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