Gold (XAUUSD) long on the H4 timeframeI am anticipating a Gold (XAUUSD) long on the H4 timeframe. I might be wrong though, I do however have a strong feeling that the analysis I have made might turn out to be correct based on the previous levels being respected and the Elliot wave pattern being respected too. Please correct me if I have overlooked anything.
XAUUSDK trade ideas
GOLD Impact of June 6 Non-Farm Payrolls (NFP) Data on Fed Rate Decisions
Key Data Points
Non-Farm Employment Change: 139K (vs. 126K forecast, revised April: 147K from 177K).
Unemployment Rate: Steady at 4.2% (matches forecasts).
Average Hourly Earnings: 3.9% YoY (vs. 3.7% expected).
Labor Force Participation Rate: Declined to 62.4% (from 62.6%).
Fed Policy Implications
Labor Market Cooling but Resilient:
Job growth slowed (139K vs. 147K prior), with cumulative downward revisions of 95K for March and April. This signals moderation but avoids a sharp deterioration.
Stable unemployment rate (4.2%) and wage growth (3.9% YoY) suggest the labor market remains tight enough to sustain consumer spending but is losing momentum.
Inflation Concerns Persist:
Sticky Wage Growth: Elevated wage inflation (3.9% YoY) complicates the Fed’s inflation fight, particularly in services sectors.
Productivity-Sensitive Costs: Rising labor costs without productivity gains could pressure corporate margins and consumer prices.
Fed’s Balancing Act:
Near-Term Hold Likely: The Fed is expected to keep rates at 4.25–4.50% in July, prioritizing inflation control over labor market softness.
Rate Cut Odds Shift: Markets now price a ~55% chance of a September cut (up from ~40% pre-NFP), contingent on further cooling in inflation (June 11 CPI data critical).
Market Impact
DXY (Dollar Index): Minimal immediate reaction, but sustained labor market cooling could weaken the dollar if rate cuts gain traction.
Equities: Mixed signals (slower jobs vs. stable wages) may limit gains, though tech and growth stocks could rally on delayed Fed tightening.
Bonds: 10-year yields (4.40%) may edge lower if growth fears outweigh inflation risks.
Conclusion
The Fed will likely delay rate cuts until September unless inflation softens decisively. While job growth is slowing, persistent wage pressures and a stable unemployment rate justify a cautious stance. Traders should monitor June CPI (June 11) and Q2 GDP data for clearer signals.
Summary:
No July cut expected; September cut remains contingent on inflation easing.
DXY range-bound near 98.50–99.50 until CPI release.
stay cautious
#gold
XAUUSD NFP Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
XAUUSD15M The chart you’ve shared is a 15-minute candlestick chart of Gold Spot (XAU/USD), which includes a technical analysis setup. Here's a breakdown of the key elements:
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Chart Annotations & Analysis
1. Support Zone (REGISTER ZOON):
Highlighted in gray at the bottom.
Indicates a demand area where price previously bounced.
Acts as a key support level for a potential reversal.
2. Trendline:
Upward sloping black line connecting higher lows.
Suggests a short-term uptrend forming from the support zone.
3. First Setup (1ST SETUP):
Marked in a yellow box above current price action.
Likely a resistance or supply zone; this is where traders may consider taking partial profits or expect pullback.
4. Target Point (TAGET POINT):
Marked in a green box around the 3,410.000 level.
Final bullish target area if the price breaks above the 1st setup zone.
5. Arrows and Candles:
Blue arrows show bullish reactions at trendline support.
Red and black arrows suggest two target projections: a conservative one (1st setup) and an aggressive one (target point).
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Possible Trading Interpretation
Bullish Bias:
The chart suggests a bullish move is anticipated after a bounce from the trendline near the "REGISTER ZOON".
A break above the yellow resistance zone (1st setup) may trigger a move toward the green target zone.
Entry Suggestion:
Entry could be placed around current levels, with tight stop-loss just below the trendline.
Add positions or look for confirmation if price breaks above the 1st setup.
Typos:
"TAGET POINT" should be "TARGET POINT".
"REGISTER ZOON" should be "REGISTER ZONE".
"1ST SETUP" is correct in context.
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Let me know if you'd like help refining this analysis, translating it into a trading plan, or turning it into a watchlist note.
Gold Approaches Historical Highs Once AgainOver the last three trading sessions, gold has gained just over 3%, and is once again approaching the $3,400 zone, where historical highs are currently holding. For now, the bullish bias behind the precious metal has remained intact, as market uncertainty continues to rise steadily due to developments related to the trade war and the ongoing conflict in Ukraine.
Risk aversion has started to increase following recent comments from Donald Trump regarding a potential new escalation with China if negotiations fail to reach an agreement. Additionally, the proposed peace deal for the Ukraine conflict appears to be more delayed than expected, which has caused CNN’s Fear and Greed Index to shift from the “greed” zone into “neutral,” reflecting a decline in short-term investor confidence.
It is important to note that in this type of scenario, gold stands out due to its safe-haven status, and these types of events have acted as important catalysts to sustain the current buying momentum over the past few sessions.
Uptrend Remains Intact
Since the first days of January this year, gold has maintained a steady uptrend. So far, bearish corrections have been insufficient to break the formation seen in recent weeks. At present, the price is once again testing the resistance area marked by historical highs, and if it manages to break through this level, it could signal a stabilization of the upward trend in the sessions ahead.
RSI
The RSI line continues to rise above the 50 level, indicating bullish momentum in the short term. If the line continues to climb, buying pressure could become more significant in the near term.
TRIX
Although the TRIX line remains above the neutral 0 level, its current downward slope suggests that buying momentum has entered a period of consolidation. Unless the line recovers, it will continue to reflect that the strength of the exponential moving averages is entering a short-term neutral phase.
Key Levels to Watch:
$3,400: Resistance located at recent historical highs. A breakout above this level could activate a stronger bullish bias and reinforce the ongoing trend.
$3,300: A nearby support level aligned with the midpoint of a potential short-term horizontal channel. It may act as a barrier to further downside corrections.
$3,200: A critical support level aligned with the ascending trendline. Selling activity below this level could put the current uptrend at risk.
Written by Julian Pineda, CFA – Market Analyst
XAUUSD – Gold Hits Supply Wall Again! Is a Drop Incoming?
🔵 Key Levels to Watch:
🔹 3,419.97 – Strong Supply Zone, sharp rejections in the past
🔹 3,063.64 – Previous support/resistance flip zone
🟠 2,759.98 – High Demand Zone + Volume Cluster = Potential long entry area
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📌 What the Chart Is Telling Us:
Price just tapped into a major Supply Zone again at the top range
Repeated failure to break above = warning for bulls
Large move likely incoming with clean structure below
Volume profile shows thin support until 3,060 and 2,760
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🎯 Trade Setup Idea:
🔻 Sell Bias near 3,400 zone if price shows reversal candle/engulfing
TP1: 3,063
TP2: 2,760
❌ Invalidation: Strong close above 3,420 with volume
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📢 Are you bearish on Gold from this supply zone?
💬 Comment your thoughts or setups below!
🔁 Repost for others watching Gold!
✅ Like & follow for more multi-timeframe S&D analysis.
#Gold #XAUUSD #TradingView #Forex #SupplyAndDemand #PriceAction #SmartMoneyConcepts #GoldAnalysis #SwingTrade #Metals #MacroTrading #TechnicalAnalysis #VolumeProfile
Analysis of gold price trend next week!Market news:
This week (June 2 to June 6), the spot gold market has become more volatile due to the interweaving of multiple factors. Spot gold prices fell more than 1% on Friday due to the impact of strong US employment data, but still recorded a 0.8% increase for the whole week, showing the game between safe-haven demand and the strengthening of the US dollar. The trade uncertainty caused by Trump's tariff policy, the continued increase in international gold holdings by global central banks, and the tense geopolitical situation provide support for London gold prices, while the solid US employment data pushed up US Treasury yields, weakened the Fed's expectations of rate cuts, and put pressure on international gold prices. The market continues to pay attention to geopolitical risks and trade uncertainties. Silver performed even better, hitting its highest level since 2012, and platinum and palladium also recorded weekly gains. The precious metals market as a whole was driven by speculative funds. The market's uncertainty about the Trump administration's steel and aluminum tariffs and fiscal policies has driven global central banks to increase their gold holdings. And the cautious attitude of Federal Reserve officials towards rate cuts is beneficial to long-term demand for gold. Next week, the US CPI data and the progress of trade negotiations will become the focus of the market. If inflationary pressure rises, it may further push up US bond yields and put pressure on gold prices; if the data is soft, it may rekindle expectations of interest rate cuts, which is good for gold. In addition, the progress of trade negotiations and geopolitical risks such as the conflict between Russia and Ukraine will continue to affect market sentiment.
Technical Review:
From the perspective of this week's market, the high-rise and fall-down trend continued, and the low point was refreshed. The signal that gold is heading towards an extremely weak pattern is getting stronger and stronger, and selling has the capital to pierce 3300. From a technical perspective, on the weekly chart, this week's high-rise and fall closed with an inverted head, and the MACD indicator showed signs of a dead cross downward at a high level. The current pattern is conducive to continued selling! On the daily chart, two consecutive negative lines on the daily chart caused the price to run below the short-term moving average, and led to a downward trend near the 10-day moving average of 3330. The 5-day moving average also followed closely at around 3355. In addition, the upward momentum of other periodic indicators weakened, and the MACD indicator showed a dead cross downward pattern, so the daily chart should tend to be short. However, one thing is worth noting, that is, after the gold price rebounded at 3307 on Friday, the middle track of the Bollinger Band has moved up, which means that the buying defense has been strengthened. Therefore, while the daily line is biased towards selling, we must also pay attention to the strength of the bulls' counterattack.
Next week's analysis:
Next week's operation suggestion is to maintain the idea of selling as the main idea, supplemented by buying at low prices. For the upper resistance, pay attention to the 3328-3330 area first, and then pay attention to the 3345-3350 area. The former is regarded as the key to selling and exploring the low point, or even breaking the middle track of the Bollinger Band at 3295, which is also the low point of this week. The latter is a strong defense for selling in the short-term shock trend! In other words, selling below 3330 can complete the touch of the low point or new low next week in the short term, while selling below 3350 is still expected to test the new low, but the time period will be extended. As for the support below, focus on 3280. It is expected that it will be close to or touched at the beginning of next week, but whether it can break directly needs to be judged according to the actual trend, so it is best to wait for it to touch or break once before taking more. The 1-hour moving average of gold has formed a dead cross downward, so gold still has downward momentum. After the 1-hour high box of gold oscillated, gold finally broke through the box downward, indicating that gold is better sold. Then the bottom of the gold box has now formed resistance, and the short-term 3333 line of gold has formed resistance to gold. If gold is under pressure at 3333 at the beginning of next week, then gold can continue to be sold.
Operation ideas:
Buy short-term gold at 3277-3280, stop loss at 3268, target at 3310-3330;
Sell short-term gold at 3330-3333, stop loss at 3342, target at 3300-3280;
Key points:
First support level: 3300, second support level: 3280, third support level: 3261
First resistance level: 3330, second resistance level: 3348, third resistance level: 3375
What May Happen Next In Long Term?Looking at where we are in the trend on the daily chart, I think we are in the correction of the uptrend and the last movement we are in is a triangle. Triangles like the one in the figure, after completing 5 waves, break on the barrier forming side of the triangle in wave number 6. Therefore, I expect a bullish breakout from these levels. This move may also exceed the previous high; however, it is too early to say that this is exactly the target at the moment. I think the first target is the 3414-3335 range.
GOLD Impact of June 6 Non-Farm Payrolls (NFP) Data on Fed Rate Decisions
Key Data Points
Non-Farm Employment Change: 139K (vs. 126K forecast, revised April: 147K from 177K).
Unemployment Rate: Steady at 4.2% (matches forecasts).
Average Hourly Earnings: 3.9% YoY (vs. 3.7% expected).
Labor Force Participation Rate: Declined to 62.4% (from 62.6%).
Fed Policy Implications
Labor Market Cooling but Resilient:
Job growth slowed (139K vs. 147K prior), with cumulative downward revisions of 95K for March and April. This signals moderation but avoids a sharp deterioration.
Stable unemployment rate (4.2%) and wage growth (3.9% YoY) suggest the labor market remains tight enough to sustain consumer spending but is losing momentum.
Inflation Concerns Persist:
Sticky Wage Growth: Elevated wage inflation (3.9% YoY) complicates the Fed’s inflation fight, particularly in services sectors.
Productivity-Sensitive Costs: Rising labor costs without productivity gains could pressure corporate margins and consumer prices.
Fed’s Balancing Act:
Near-Term Hold Likely: The Fed is expected to keep rates at 4.25–4.50% in July, prioritizing inflation control over labor market softness.
Rate Cut Odds Shift: Markets now price a ~55% chance of a September cut (up from ~40% pre-NFP), contingent on further cooling in inflation (June 11 CPI data critical).
Market Impact
DXY (Dollar Index): Minimal immediate reaction, but sustained labor market cooling could weaken the dollar if rate cuts gain traction.
Equities: Mixed signals (slower jobs vs. stable wages) may limit gains, though tech and growth stocks could rally on delayed Fed tightening.
Bonds: 10-year yields (4.40%) may edge lower if growth fears outweigh inflation risks.
Conclusion
The Fed will likely delay rate cuts until September unless inflation softens decisively. While job growth is slowing, persistent wage pressures and a stable unemployment rate justify a cautious stance. Traders should monitor June CPI (June 11) and Q2 GDP data for clearer signals.
Summary:
No July cut expected; September cut remains contingent on inflation easing.
DXY range-bound near 98.50–99.50 until CPI release.
stay cautious
#gold
GOLD Today’s economic data—ADP Non-Farm Employment Change (37K vs. 111K forecast) and ISM Services PMI (49.9 vs. 52 forecast)—signaled significant weakness in the U.S. labor market and service sector, prompting markets to price in higher odds of Federal Reserve rate cuts. Here’s how this impacts the Fed’s policy outlook and the US Dollar Index (DXY):
Federal Reserve Interest Rate Decision Implications
Labor Market Cooling:
The ADP jobs miss and downward revision of April’s data suggest hiring momentum is stalling. Small businesses cut jobs, while larger firms reduced headcounts.
Fed Chair Powell has emphasized maximum employment as a key mandate. Sustained weakness could push the Fed toward earlier rate cuts,its likely above 25bps.
Services Sector Contraction:
The ISM Services PMI fell into contraction (49.9), the first since December 2023, driven by tariff uncertainty and delayed business spending. However, persistent inflation pressures .
This creates a policy dilemma: weak growth vs. sticky inflation. The Fed may delay cuts until inflation trends lower, but political pressure (Trump’s public criticism of Powell) adds urgency .
Fed’s Balancing Act:
The Fed is unlikely to act before Friday’s Nonfarm Payrolls (NFP) report. If NFP confirms labor market softness, a July or September cut becomes likely. However, elevated wage growth (ADP reported 4.5% YoY pay gains) and ISM’s inflation spike could keep the Fed cautious .
DXY Price Action
Immediate Reaction: The dollar fell sharply post-data, with the DXY dropping 0.35% to 98.675 as traders priced in dovish Fed expectations .
Near-Term Outlook:
Bearish Bias: Continued weak data (especially a soft NFP on June 6) could push DXY toward 98.057 support, targeting the ascending trendline will be my focus to go long on trend demandfloor.
Inflation Wildcard: Sticky services inflation (ISM Prices Paid) may limit dollar declines if markets doubt the Fed’s ability to cut rates aggressively .
Summary of Key Levels and Scenarios
Scenario Fed Reaction DXY Impact
NFP Confirms Weakness Sept cut priced in Drop to 98.40–97.00
NFP Beats Expectations Delayed cuts (Dec 2025+) Rebound toward 99.50–100
Inflation Persists Hawkish hold, delayed easing Range-bound near 99.00
Conclusion
Today’s data tilts the Fed toward a dovish pivot, but conflicting signals (soft jobs vs. stubborn inflation) inject uncertainty. The dollar’s trajectory now hinges on Friday’s NFP report, which will either cement rate-cut bets or revive stagflation fears. Traders should brace for volatility, with DXY likely testing 98.00 if NFP misses expectations.
#gold #dollar
Gold Weekly Summary and Prediction 6/8/2025In my last week's post, I mentioned that gold would potentially form an inverse head and shoulder pattern. In deed, the structure has been formed after last week's closing above 3300. In daily we also noticed that the trendline structure has been broken. Currently price is retesting the trendline. If daily candle respects the trendline, we would see a strong pushing on the price towards another ATH.
For next week's trading plan, I will closely monitor the trendline and 3280-3300 support. As long as this support holds, I am bullish on gold.
GOLD → Correction before possible growthFX:XAUUSD entered a liquidation phase (rally) within the trading range at the opening of the session. The dollar's rise is to blame. The focus is on supporting consolidation...
Investors remain interested in gold as a safe haven asset amid geopolitical risks and declining demand for US assets.
The key drivers remain news about tax reform in the US, trade negotiations, and upcoming macro data.
Gold is consolidating, but since the opening of the session, the price has been heading towards support. Against the backdrop of an upward trend, a trigger for bearish liquidity is likely to form before growth.
Against the backdrop of the dollar's growth, gold is entering a correction phase. At the moment, all attention is on support and the liquidity zone of 3265. A false breakdown will trigger a price buyback.
Resistance levels: 3322
Support levels: 3282, 3265
Since the price is still within the range and a countertrend correction is forming in the market, in our case, it is worth considering an intraband trading strategy. A false breakdown of support could trigger growth to intermediate resistance or to the upper border of the channel.
Best regards, R. Linda!
Gold at Key Rejection Zone: Will the Drop Resume from $3310?By examining the gold chart on the 4-hour timeframe, we can see that after some consolidation between $3294 and $3302, the price finally began a sharp drop, correcting down to $3245. This area was a key demand zone on lower timeframes, which triggered a rebound, and gold is now trading around $3310. If the price gets rejected from the $3310–$3313 zone, we can expect another potential decline.
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
Today's gold price: long target 3360Today's gold price: long target 3360
On June 2, affected by the trade tensions caused by the Trump administration's substantial increase in steel and aluminum import tariffs, the international gold price rose.
Superimposed war factors: the situation between Russia and Ukraine has re-emerged, Ukraine attacked the Russian airport, and the Russian-Ukrainian peace talks have once again turned to wait-and-see, which is good for gold prices.
Today, focus on the breakthrough of the 3320-3330 range pressure level.
As shown in Figure 4h:
The gold price cycle forms a resonant head and shoulders bottom pattern, and the pattern is close to the end of the pressure range.
Next, focus on the upward breakthrough. Once an effective breakthrough is formed, it means that the tariff issue and the war dispute will be considered to be further fermented.
Then the gold price will most likely hit 3360 points again on Monday.
But we need to be wary of today's gap to prevent the gap from being filled.
Gold trading strategy:
1: The 3300-3310 range is a strong support level. As long as the gold price is above 3300 points, I think we should take the idea of going long at a low price, and the stop loss is set at 3295-3290 points.
2: The 3320-3330 range is a strong pressure point. As long as the gold price is below 3330, I think we should be alert to the possible decline at any time, forming a narrow range of fluctuations, or a sharp decline to fill the gap. Then the advice for trading is to refuse to short, be cautious in shorting, and try to short.
GOLD → False breakdown and support from the falling DXYFX:XAUUSD , as part of a correction, confirms the upward trend line and returns to the consolidation (range), making a false breakdown of support amid the dollar's correction...
The US dollar remains stable thanks to the Fed's hawkish minutes and the court's decision to block Trump's tariffs. Investors are waiting for Friday's inflation data (PCE), which could weaken the dollar and give gold a chance to rebound. Additional influence will come from US GDP data, jobless claims, and geopolitical news.
On D1, gold is rebounding from strong support and heading towards resistance at the rising trend line. If economic risks remain high, gold could continue its rally despite conflicting bearish patterns...
Resistance levels: 3300, 3310, 3325
Support levels: 3290, 3285, 3265
Gold is forming a false breakdown of support at 3265 as part of a correction and confirming the lower boundary of the upward channel. Consolidation above 3280 will confirm that bulls are holding the market amid high economic risks. Gold may test 3300-3310 and form a correction before continuing its growth towards 3325.
Best regards, R. Linda!
GOLD ROUTE MAP UPDATEHey Everyone,
Please see the update on our 1H chart route map - playing out exactly as analysed.
We started the week with a bearish gap at 3352 being hit, followed by an EMA5 cross and lock below 3352, which opened up the next level at 3317, also hit perfectly.
Yesterday, we found support above the 3282 retracement level, leading to a solid bounce into 3317. However, there was no EMA5 lock above 3317, and price faced rejection today once again, pushing it back toward 3282.
We are now looking for support to hold above 3282 to give us fresh bounce opportunities and upper Goldturn tests. However, a lock below 3282 will open up lower levels as we move deeper into the retracement range.
We are expecting continued reactions within this retracement range, in line with our plan to buy dips. Our updated levels and weighted levels help us track downward movements and catch bounce setups.
We'll continue to buy dips using our key support levels, targeting 20 to 40 pip moves. As always, each level structure provides consistent bounce zones, offering great opportunities for both entry and exit. If you backtest the levels we’ve shared every week over the past 24 months, you’ll see how effectively they work with or against short to mid term swings and trends.
Remember:
Swing ranges yield bigger bounces than weighted levels — that’s the key difference.
BULLISH TARGET
3389
EMA5 CROSS AND LOCK ABOVE 3389 WILL OPEN THE FOLLOWING BULLISH TARGETS
3428
EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGET
3478
EMA5 CROSS AND LOCK ABOVE 3478 WILL OPEN THE FOLLOWING BULLISH TARGET
3517
BEARISH TARGETS
3352 - DONE
EMA5 CROSS AND LOCK BELOW 3352 WILL OPEN THE FOLLOWING BEARISH TARGET
3317 - DONE
EMA5 CROSS AND LOCK BELOW 3317 WILL OPEN THE FOLLOWING BEARISH TARGET
3282
EMA5 CROSS AND LOCK BELOW 3282 WILL OPEN THE FOLLOWING BEARISH TARGET
3233
EMA5 CROSS AND LOCK BELOW 3233 WILL OPEN THE SWING RANGE
3185
3146
As always, we’ll keep you all updated with real time analysis and management of active setups throughout the week. Thank you for your continued support, your likes, comments, and follows mean a lot!
Mr Gold
GoldViewFX
XAUUSD BULLISH OR BEARISH ------ DETAILED ANALYSISXAUUSD is currently forming a classic bullish flag pattern on the 12-hour timeframe after a strong impulsive rally from the 3145 demand zone. The consolidation is tight and orderly, holding above the key structure zone and forming lower highs and lower lows within the flag. This setup indicates a continuation pattern, and with price stabilizing around 3315, a breakout to the upside is increasingly likely. A clean breakout from the flag will likely ignite the next bullish wave toward the 3500 level.
From a fundamental perspective, gold remains supported amid renewed market concerns around inflation persistence and global macro uncertainty. The latest US economic data, including slower job growth and declining consumer sentiment, is increasing speculation that the Federal Reserve might be nearing the end of its tightening cycle. This is weakening the US dollar and boosting safe-haven demand for gold. Additionally, central banks, particularly from China and emerging markets, continue to increase gold reserves—adding to long-term bullish sentiment.
Technically, XAUUSD has already respected a strong demand zone around 3145 multiple times, which reinforces that institutional buyers are defending this area. The market structure remains bullish, and higher lows continue to form, aligning with a potential trend continuation. If price breaks above the flag resistance around 3325–3330 with volume confirmation, the bullish target of 3500 could be reached swiftly.
As long as gold holds above the 3270–3280 support zone, the risk-reward setup remains favorable for long positions. With a confluence of strong fundamentals and a high-probability technical pattern, XAUUSD is setting up for a potential breakout rally. Traders should watch closely for breakout confirmation to ride the momentum toward new highs in this evolving bullish trend.