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GOLD / US DOLLAR KILOGOLD / US DOLLAR KILOGOLD / US DOLLAR KILO

GOLD / US DOLLAR KILO

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XAUUSDK trade ideas

Lingrid | GOLD complex PULLBACK from RESISTANCE zoneOANDA:XAUUSD is maintaining its structure above a key upward trendline after a higher low formed near support. The market remains technically bullish while staying above this level, with the recent pullback looking corrective rather than impulsive. Buyers may step in for a renewed attempt toward the upper resistance area. Watch for a bullish breakout continuation above 3,326 toward 3,380 if buyers hold the current support line. 📌 Key Levels Support zone: 3,305.583 (upward trendline and structure base) Breakout target: 3,380.000 (resistance ceiling of range) Invalidation level: Below 3,304.696 (would negate bullish setup) ⚠️ Risks Breakdown below trendline could trigger deeper correction Price consolidation may reduce momentum short term Rejection near 3,326 could signal fading bullish strength Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDLong
by Lingrid
10
Gold (XAU/USD) Breakout Confirmed – Bulls Eye Higher TargetHello guys! Gold has successfully broken above the key resistance level marked as the breakout level, confirming bullish momentum. This breakout follows a clear bullish divergence, indicating a reversal from the recent downtrend. The strong upward movement suggests increased buyer interest and continuation potential. Two bullish scenarios are in play: Scenario 1: Price continues upward from the current breakout zone without a retest, targeting the next resistance area around $3,440–$3,470. Scenario 2: A pullback to the breakout level or the demand zone near $3,325–$3,340, followed by a bullish continuation. What I see: ✅ Bullish divergence identified at the recent low ✅ Breakout from a significant resistance level 📈 Momentum favors continued upside
OANDA:XAUUSDLong
by melikatrader94
17
(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.
CAPITALCOM:GOLDShort
by EA_GOLD_MAN_COPY_TRADE
26
GOLD H1 / 3285 USD & 3155 USD key BUY/SELL Levels🏆 Gold Market Mid-Term Update 📊 Technical Outlook Update 🏆 Market Overview ▪️correction in progress ▪️3285 USD overhead resistance ▪️Multiple waves of selling in progress ▪️Rejection at 3500 USD key S/R ▪️3155 USD logical next target short-term ▪️flagging on lower timeframe ▪️waves of profit taking pulling prices down ▪️3285 USD a good level to SHORT ▪️3145/3155 USD will be targeted by BEARS ▪️BULLS wait to BUY/HOLD low later ▪️Once the pullback/correction is over 📊 Gold Market Summary – May 5, 2025 🟡 Current Price: $3,266.20 (+0.82%) 📉 Weekly Close: $3,247.40 (flat for the week after sharp swings) 🇺🇸 US Jobs Data: 177K jobs added in April, earnings growth slowed to 0.2%. Market now watching Fed for rate cut signals. 🏦Fed Outlook: Mixed data fuels speculation on policy shift. Analysts see gold’s pullback as a new buying opportunity. 🌏Asian Demand: China and India remain key forces in price direction, alternating as major buyers. 📦Tariff Watch: Ongoing U.S.-China trade tension continues to weigh on risk sentiment, keeping gold in play. 🛑Geopolitics: No major updates on Iran-U.S. talks, India-Pakistan, or Russia-Ukraine ceasefire yet. These remain key risk triggers. 📈 Market Sentiment: Despite volatility, investor outlook stays bullish. Analysts eye mid-term targets above $4,000 if conditions align.
FX:XAUUSDShort
by ProjectSyndicate
28
Gold Surges Further After Israel Strikes YemenGold Surges Further After Israel Strikes Yemen In the video analysis I shared yesterday, Gold made an unusual move from 3272 to 3330. It appears that the market reacted ahead of time, as it often does—suggesting that certain players might have had prior knowledge of the news before it was widely released. This kind of market movement is commonly referred to as manipulation, likely driven by those who were aware of Israel’s planned strike on Yemen before it happened. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
FX:XAUUSDLong
by KlejdiCuni
13
GOLD - Price can make correction movement to support levelHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 A few moments ago, the price traded inside a little flat, where it declined to the bottom part and then started to grow. In a short time, it reached the $2955 level, broke it and started to trades inside a big flat, exiting from a small range. After this movement, the price reached the top part of the flat and then corrected, after which it entered to pennant. In the pennant pattern, Gold exited from a flat and rose to the resistance line from the support line, breaking the $3205 level. Also recently, price made a correction, but then it turned around and bounced up, thereby exiting from pennant. Now, I think that Gold can rise a little and then start to decline to $3205 support level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDShort
by WalterMoon
9
GOLD ( XAUUSD ) : H4 / D1 : Big Long !!!Hello Traders! 👋 What are your thoughts on Gold? After a strong upward move, gold entered a corrective phase upon reaching the $3500 resistance zone. This correction could offer a buy-the-dip opportunity, with potential for a move back toward the recent highs. XAUUSD Market price : 3240 Buy limit : 3140 - 3120 Tp1 : 3240 Tp2 : 3340 Tp3 : 3500 Tp4 : 3750 Sl : 3030 ( 100 pip ) Don’t forget to like and share your thoughts in the comments! ❤️
OANDA:XAUUSDLong
by khanbours
22
GOLD: Very Complex Price DevelopmentGOLD: Very Complex Price Development The fundamental and technical analysis are not in line at all with gold this time. GOLD increased at a time when Trump is doing positive comments: Over the weekend, US President Donald Trump said that they will lower tariffs on China "at some point" and added that they could announce trade deals this week when asked about it. Trump also noted that they could start imposing 100% tariffs on imports of foreign-produced movies. Finally, he argued that interest rates should be lowered but reiterated that he will not remove Jerome Powell as Fed Chairman before his term ends in May 2026. You may watch the analysis for further details! Thank you!
FX:XAUUSD
by KlejdiCuni
16
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone, Here’s the latest update on our weekly chart setup, which has continued to play out in line with our previous projections. Recently, price broke above the upper boundary of our Goldturn Ascending Channel a proprietary channelling method designed for greater precision and reduced noise. However, the EMA5 remains within the channel, suggesting the breakout lacks confirmation. For a true continuation to the upside, we’ll need to see the EMA5 close and hold above the channel boundary, which would validate a structural shift in trend strength. At the moment, price is hovering above the channel, showing signs of support and minor bullish bounces. However, until the EMA5 exits and stabilizes outside the channel, we treat this move with caution. Price is currently testing the upper channel resistance, a critical decision point on the weekly timeframe. The 3482 level remains key resistance, having previously been rejected via upper wick with no candle body close above. On the downside, 3281 and 3189 are the primary support levels to monitor, both of which align with the channel's midline, a potential zone for consolidation or swing support if price moves sideways and gradually ascends. In summary, while early bullish momentum is visible, full confirmation of trend continuation requires alignment between price action and the EMA5 behaviour relative to the channel structure. This is the beauty of our Goldturn channels, drawn using weighted averages instead of pure price action. This unique approach helps us clearly identify fake-outs and real breakouts, cutting out much of the noise that usually confuses traders. Moving forward, we’ll focus on smaller timeframes (1H and 4H) to buy dips off the weighted Goldturns, aiming for clean 30–40 pip moves. Ranging markets are perfect for this style, allowing us to capitalize on quick moves without getting caught in the chop of larger swings. Thanks again for all your likes, comments, and follows, we really appreciate the support! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
9
(XAU/USD) Bullish Trade Setup – Targeting $3,506.52 with Entry aEntry Point: $3,221.19 Stop Loss: $3,169.80 Resistance Zone: Around $3,277.98 to $3,280.64 Target (TP) Point: $3,506.52 (Approx. 9.05% upside) 📊 Technical Indicators and Markings: Moving Averages: Likely a 50-period (blue) and 200-period (red) moving average. Price is currently below both MAs, signaling a short-term downtrend. Support & Resistance Zones: Strong support around $3,207.67–$3,221.19 (entry area). Resistance at $3,244.25–$3,280.64. Stop-loss is strategically placed below support to limit downside risk. Target Area: Projected upside target is $3,506.52, with a potential 9.05% gain from the entry. This is marked as the EA (Expert Advisor) Target Point, possibly suggesting this is a strategy from an automated trading system. Orange Circles: Likely indicate swing highs and lows, used to identify trend patterns and potential reversal points. 📈 Trading Idea Summary: Bullish Setup: Buying at support, aiming for breakout above resistance to reach target. Risk-Reward Ratio: Favorable, assuming price holds above $3,207. Watch for Confirmation: Price needs to break above resistance around $3,280 for momentum continuation.
CAPITALCOM:GOLDLong
by EA_GOLD_MAN_COPY_TRADE
18
GOLD 4H CHART ROUTE MAP UPDATE & TRADING PLAN FOR THE WEEKHey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price play between two weighted levels with a gap above at 3344 and a gap below at 3297. We will need to see ema5 cross and lock on either weighted level to determine the next range. We have a bigger range in play then usual. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. 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 20 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 3344 EMA5 CROSS AND LOCK ABOVE 3344 WILL OPEN THE FOLLOWING BULLISH TARGET 3394 EMA5 CROSS AND LOCK ABOVE 3394 WILL OPEN THE FOLLOWING BULLISH TARGET 3438 EMA5 CROSS AND LOCK ABOVE 3438 WILL OPEN THE FOLLOWING BULLISH TARGET 3486 BEARISH TARGETS 3297 EMA5 CROSS AND LOCK BELOW 3297 WILL OPEN THE SWING RANGE SWING RANGE 3236 - 3176 EMA5 CROSS AND LOCK BELOW 3176 WILL OPEN THE SECONDARY SWING RANGE SWING RANGE 3088 - 3046 EMA5 CROSS AND LOCK BELOW 3046 WILL OPEN THE SECONDARY SWING RANGE SECONDARY SWING RANGE 3130 - 3078 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
OANDA:XAUUSD
by Goldviewfx
8
THE KOG REPORT - UpdateEnd of day update from us here at KOG: Although our plan to short from the initial level didn't work as the level was broken through, the 2nd level gave us a scalp for a decent capture. Today we shared the long trade with the wider community, again giving a nice return, and that was enough on gold for the day. We're a little stretched now and going long can be a bit risky with this 3390-95 region accumulating and starting to draw the mean upside. For that reason we've highlighted the potential range with support below at the 3360-5 level and resistance 3420 and above that 3431. These higher levels if attacked before a retracement we feel may give the opportunity to take the short, otherwise, support below holds, we're active above. A break below 3385 is needed to go lower! Red boxes: Break above 3235 for 3243✅, 3245✅, 3247✅, 3252✅ and 3270✅ in extension of the move Break below 3220 for 3210, 3206, 3196, 3188 and 3179 in extension of the move As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
18
GOLD H8 Update: Bulls will target 3600 USD🏆 Gold Market Mid-Term Update 📊 Technical Outlook Update 🏆 Bull Market Overview ▪️pullback looks complete now ▪️3000/3200/3400/3600 USD key S/R ▪️Reversal at 3200 USD ▪️Resistance near 3400 USD ▪️Bulls maintain strategic advantage ▪️Target for BULLS 3600 USD ▪️short-term dips are possible ▪️focus on buying dips ⭐️Recommended strategy ▪️BUY/HOLD accumulate dips ▪️TP BULLS 3600 USD 🏦Fed Outlook: Mixed data fuels speculation on policy shift. Analysts see gold’s pullback as a new buying opportunity. 🌏Asian Demand: China and India remain key forces in price direction, alternating as major buyers. 📦Tariff Watch: Ongoing U.S.-China trade tension continues to weigh on risk sentiment, keeping gold in play. 🛑Geopolitics: No major updates on Iran-U.S. talks, India-Pakistan, or Russia-Ukraine ceasefire yet. These remain key risk triggers.
FOREXCOM:XAUUSDLong
by ProjectSyndicate
25
GOLD ROUTE MAP UPDATEHey Everyone, Great finish to the week with our chart idea playing out, as analysed. After completing our Bullish targets 3282, 3343 and 3404 yesterday; we stated that no further cross and lock above 3404 confirmed the rejection and that price will find support at lower Goldturns for the bounces. - This played out perfectly inline with our plans to buy dips. Price found support at 3282 Goldturn and gave the weighted bounce just like we analysed. BULLISH TARGET 3282 - DONE EMA5 CROSS AND LOCK ABOVE 3282 WILL OPEN THE FOLLOWING BULLISH TARGET 3343 - DONE EMA5 CROSS AND LOCK ABOVE 3343 WILL OPEN THE FOLLOWING BULLISH TARGET 3404 - DONE We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead. Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
10
THE KOG REPORTTHE KOG REPORT: Last week’s KOG Report didn’t really go the way we wanted! We got the move we wanted initially into the low, then the long upside, but the levels we wanted to short from again were smashed through. We managed to navigate and adapt to the move and after changing the plan on the FOMC KOG Report we ended again with an extremely decent week on Gold. As we’ve always said, when markets don’t go our way, don’t hold on to hope. If you're in the wrong way, accept your wrong and change your bias, this will not only save your account but together with the right risk management, you’ll be able to come out of the market in positive for the week. So, what can we expect from the week ahead? We have some news over the weekend that can open us up with gaps, otherwise Monday should be a ranging day and we’ll see some action Tuesday onwards. For this week we’ve added the red boxes for everyone, the indicator is working like a dream and allowing our traders to scalp, swing trade and day trade across the 15min/1h/4h timeframes. So please take note of them! The problem we have this week is the structure entails two possible moves by the way they’ve set this up. For that reason, we’ll look at the key levels on the red boxes for the break and close together with KOG’s red box targets and bias of the week, before we commit to the market other than scalping. We have the key level below 3306-10 support which if held again can push upside this time in attempt to break through the 3330 level and target the 3350-55 and above that 3365 region before a RIP. 3360 is the level to watch, if broken above and supported, we can start again with longs into that 3400+ region, but only on confirmation. The ideal scenario here for us is a break of this symmetrical pattern in one direction, then applying our trading strategy to it which will confirm the move, we can only do this once it’s broken and then update you with the plan. For now, we’ll play the red boxes and of course wait for our trusted algo Excalibur to guide us. As always, we will update the wider community as we go through the week. 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 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
FX:XAUUSD
by KnightsofGold
7
Gold Completes Wave 4 - Pullback – Time for the Next PushGold ( OANDA:XAUUSD ) touched $3,223 as I expected in the previous idea (Full Target) . Gold has managed to break the Resistance zone($3,308-$3,293) and is trying to break the Resistance lines and complete the pullback . In terms of Elliott wave theory , it seems that Gold is completing microwave 4 , which could act as a pullback to the broken Resistance zone($3,308-$3,293) . After the completion of microwave 4 , we should expect Gold to attack the Resistance lines to complete microwave 5 . I expect Gold to rise to at least $3,232 , and if the Resistance zone($3,387-$3,357) breaks, we can expect further gains . Note: If Gold touches $2,272 (the worst Stop Loss(SL)), we can expect further declines. Gold Analyze ( XAUUSD ), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
18
THE KOG REPORT - FOMCTHE KOG REPORT – FOMC This is our view for FOMC, 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. Our NFP KOG Report worked pretty well apart from it being a Friday and us closing out positions for the weekend only for the move to complete on Monday. For this FOMC we’ll share the levels and potential reaction points on the red boxes as well as the red box target levels. Due to the range, it’s best to wait for the break and also for them to move the price to where they want, then hunt the trade once price has settled. We have the immediate support level below 3360-55 which if held can push this upside to break the recent high and that 3480-90 level again. Break of that level we have red box region 3330-20 which is where we could get a RIP but that will give us the flip with potential for the order region 3350-55 to turn into resistance unless broken. For that reason, a down move for now could only give scalps for decent captures on tap and bounces. 3320 is the line in the sand, if broken below we’ll get the long from the 3290-95 region which will come next week. Note, these days it’s only Trump that manages to move the markets aggressively, so this FOMC is most likely already priced in. Not worth attempting the immediate levels so we’ll rather wait for the extreme levels. RED BOXES INDI LEVELS: Break above 3395 for 3406, 3410, 3420, 3430 and 3435 in extension of the move Break below 3375 for 3370, 3366, 3356, 3351 and 3345 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
FX:XAUUSD
by KnightsofGold
14
GOLD DAILY CHART ROUTE MAP UPDATEHey Everyone, After completing our previous daily chart idea, we’ve now updated and identified a new Goldturn ascending channel on this updated chart. Price had temporarily broken above the upper boundary of the channel; however, the EMA5 remains within the channel, indicating that this may be a false breakout rather than a confirmed move higher. The 3433 resistance level was tested, aligning with our prior axis target. While price did reach this level, it failed to close above it, resulting in only a wick rejection. For a confirmed bullish continuation, we need to see a clear candle close above 3433, accompanied by the EMA5 crossing and holding above the channel boundary. Further confirmation would come from a successful retest and hold above the channel, establishing new support at higher levels. At present, 3433 remains key resistance, while 3272 acts as support. In the short term, we may observe sideways consolidation, with price potentially gravitating toward the midline of the ascending channel half line, which could act as dynamic swing support. This is the beauty of our Goldturn channels, drawn using weighted averages instead of pure price action. This unique approach helps us clearly identify fake-outs and real breakouts, cutting out much of the noise that usually confuses traders. Moving forward, we’ll focus on smaller timeframes (1H and 4H) to buy dips off the weighted Goldturns, aiming for clean 30–40 pip moves. Ranging markets are perfect for this style, allowing us to capitalize on quick moves without getting caught in the chop of larger swings. Thank you all again for your continued likes, comments, and follows, we truly appreciate your support! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
5
#XAUUSD: Last Idea On Gold Has Helped Us Gain 1020+ pips Gold has reversed nicely from our last idea’s entry, making a nice 1020+ pips move. Now, we’re looking for the bullish trend to continue dominating the Gold market. If this happens, it could help us gain 1800+ pips. Please use accurate risk management while trading gold. Once the trade is active, you may consider putting take-profit based on your analysis. There are two targets to consider. Good luck and trade safely. Thanks for your support! 😊 If you want to help us out, here are a few things you can do: - Like our ideas - Comment on our ideas - Share our ideas Team Setupsfx_ ❤️🚀
OANDA:XAUUSDLong
by Setupsfx_
14
Gold Rally Running Out of Steam? PRZ May Trigger Drop!Gold ( OANDA:XAUUSD ) has hit the targets as I shared with you in yesterday's idae . Will this uptrend of the past 5-6 days continue? Gold seems to have broken through the Resistance zone($3,387-$3,357) and has been moving in an Ascending Channel for the past 5 days . In terms of Elliott Wave theory , Gold appears to be completing microwave 5 of the main wave 3 . The end of the main wave 3 can be at the Potential Reversal Zone(PRZ) . Also, expect to see a clear Regular Divergence(RD-) between Consecutive Peaks at the Resistance zone($3,434-$3,406) . I expect Gold to start declining from the Potential Reversal Zone(PRZ) and at least to the lower line of the ascending channel . This analysis is against the main trend, so pay more attention to money management . Note: If Gold touches $3,448(Stop Loss(SL)), we can expect more pumps. Note: If Gold falls below $3,342, we can expect a deeper decline than expected. Gold Analyze ( XAUUSD ), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
22
XAUUSD at Critical Support – Bullish Continuation or Pullback 🔍 Market Overview The chart shows a technical setup with clear support and resistance zones, alongside key Exponential Moving Averages (EMAs) to guide directional bias. 📊 Key Technical Levels Resistance Zone: ~$3,445–$3,460 This is a historically reactive area where price has reversed sharply in the past. A breakout above this zone would suggest strong bullish continuation. Strong Supporting Zone: ~$3,375–$3,390 Currently being tested. If the price holds here, it could act as a launchpad for a bullish move toward resistance. Support Zone: ~$3,320–$3,340 If the strong support breaks, the next downside target would be this zone, which aligns with the 200 EMA (blue line) — a dynamic support level. 📈 Moving Averages 50 EMA (Red): Currently at $3,345.60, serving as a short-term dynamic support. 200 EMA (Blue): Currently at $3,304.13, marking a critical longer-term support. Price staying above this EMA reflects a bullish bias. 🔀 Probable Scenarios Bullish Case (Preferred Scenario) If price holds the strong supporting zone and breaks above current highs (~$3,395), it could rally toward the resistance zone at $3,445–$3,460. Break and close above resistance may open the door for further upside continuation. Bearish Case A rejection from current levels or a break below $3,375 would likely lead to a retracement toward the support zone ($3,320–$3,340). A break below the support zone and the 200 EMA would shift the structure into bearish territory. ✅ Bias & Recommendation Current Bias: Cautiously Bullish As long as the price remains above the strong supporting zone and 50 EMA, bulls have the upper hand. Look for confirmation with a higher low or bullish engulfing candle before entering long. Trade Idea: Long Entry: On bullish confirmation above $3,395 Target: $3,445–$3,460 Stop Loss: Below $3,375 (support break)
OANDA:XAUUSD
by MrStellanSight
20
THE KOG REPORT - Update End of day update from us here at KOG: We can honestly say, even though the KOG Report plan didn't work out as we intended this week, it's been a phenomenal week on gold in Camelot. We've managed to capture the top (AGAIN), then bounced the low, then produced the FOMC KOG Report which gave us another level to level short with a pip perfect bounce for the long. Early we published the play stating 3370 needs to break to go higher which it didn't giving the move downside that we're seeing now. Support here is below on this move if they manage to break through the 3300 level. No point attempting a long or short here as it's late session so the levels to watch are: Support 3301 / 3296 and below that 3276 Resistance 3310 and above that 3320 which will need to break As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
11