XAUUSD: Analysis and Strategy on June 2Technical analysis of gold
Daily chart resistance 3412, support below 3284
Four-hour chart resistance 3400, support below 3322
One-hour chart resistance 3360, support below 3322
Analysis of gold news: Gold prices fell last Friday and the US dollar rose. The market digested the latest news on tariff developments, and a weaker inflation report kept hopes of a US interest rate cut alive. After the federal appeals court temporarily restored Trump's tariffs on Thursday, tariffs may once again influence the market this week. On Tuesday, Federal Reserve Chairman Powell will also give an opening speech at an event, his first speech since meeting with Trump last week. At the same time, several Federal Reserve officials spoke this week. Gold prices may continue to test the middle track of the Bollinger Band near 3300 this week. If geopolitical tensions ease, it is expected to test near 3250.
Gold operation suggestions: From the current trend analysis, the support below focuses on the 3322 level of the four-hour level, and the pressure above focuses on the suppression near the 3412 level of the daily level. The short-term long and short strength dividing line is 3250. If the daily level stabilizes above this position, continue to enter with the trend.
Buy: 3322near SL: 3317
Buy: 3350near SL: 3345
XAUUSDK trade ideas
GOLD to $4000Gold is broken through an ascending triangle, on its way to $4000.
Negative Real Yields & Inflation Hedge: Real U.S. Treasury yields remain near zero or negative as inflation stays above the Fedโs 2% target, reducing the opportunity cost of holding gold and driving demand as an inflation hedge.
Kagels Trading
Barron's
Central Bank Purchases: Sovereign holders have ramped up gold buyingโaveraging over 80 tons per monthโseeking to diversify reserves away from the U.S. dollar, creating a structural floor under prices.
Discovery Alert
Gold Consul
Geopolitical & Trade Uncertainty: Ongoing U.S.-China tensions, Middle East conflicts, and potential tariffs fuel safe-haven flows into gold whenever risk spikes.
Barron's
Trading News
Weaker U.S. Dollar: A roughly 4 % year-to-date decline in the U.S. Dollar Index makes gold cheaper for non-U.S. buyers, amplifying international demand.
Business Insider
Money Excel
ETF & Speculative Inflows: Record inflows into gold ETFs and near-all-time highs in net-long futures positions have created momentum that could propel gold through $4,000 if real yields stay suppressed.
The international situation is turbulent, how is the trend of goInformation summary:
On June 1, Russia and Ukraine continued to clash. Ukrainian drones attacked several Russian military airports, including military bases in eastern Siberia, more than 40 aircraft were damaged, and the loss was about 2 billion US dollars. This was the first time that a military base in Siberia was attacked by a drone. Murmansk Oblast was also attacked by a drone on the same day.
However, on the same day, Russia and Ukraine planned to hold a second round of ceasefire negotiations in Istanbul on June 2. The United States said that it was not informed of the Ukrainian attack in advance. Russia and the US Foreign Minister discussed the negotiation plan by phone. The Hungarian Prime Minister revealed that the mediation in 2024 was unsuccessful, and the two sides had obvious differences on the timing of the ceasefire.
The current situation is complicated, the prospects for peace talks are unclear, and market risk aversion and economic data (this week's employment report, central bank interest rate decision, etc.) have become new focuses.
Gold trend analysis:
From the daily chart, the current daily support position is around 3280. This position is the key to the gold band trend. Since the price has broken upward recently, it has stepped back many times and finally closed above the daily support, so the position of the daily support is still the key. Before falling below this support level, the price will most likely maintain a range of 3320-3280 US dollars.
Operation strategy:
Buy near 3280, stop loss 3270, profit position 3320.
Gold Long: Target $3349I updated the wave structure for Gold and point out that the previous short call plays out perfectly with pinpoint accuracy. Now, we have started a new cycle level wave 5 and we just just completed wave 1 and 2 of a minute level. I proposed how the Gold price will unfold in this primary wave 1 of cycle wave 5.
I propose 2 stops:
Non-Active Trader: $3283
Active Trader: $3296
1st Take Profit level: $3249.
Good luck!
XAUUSD Reversal Zone Hit? OB + 61.8% Fib Tap In Progress!Gold (XAUUSD) | 30-Min Buy Setup โ Smart Money Discount Reversal in Motion
Weโve got price doing exactly what Smart Money traders expect:
Impulse up โ Pullback โ Tap into OB inside discount โ Launch ๐
๐ Breakdown:
Market Context:
Strong bullish impulse leg broke previous highs โ a confirmed market structure shift
Pullback is targeting the refined Order Block + multiple fib confluences
Eyeing continuation toward 3,384.285 as main target
Key Confluences:
โ
OB Zone (purple): ~3,362.857
โ
Fib Levels:
50% = 3,364.000
61.8% = 3,359.532
70.5% = 3,356.000
79% = 3,352.000
โ
Perfect Entry Reaction: Price is starting to show a wick & stall around OB top edge (3,362)
Smart Money Entry Logic:
Price dropped from a recent high into a clean imbalance + OB area
Liquidity sweep below recent lows is setting up the reversal
Discount levels = ideal entry zone for institutional re-accumulation
Execution Plan:
Watch for M5โM15 confirmation:
Bullish engulfing or BOS inside the OB zone
Entry: Limit in OB or aggressive confirmation candle
SL: Below 3,352 (beneath 79% + OB bottom)
TP: 3,384 = last swing high
โ
RRR = 1:3+ โ sniper-approved ๐
๐ฏ Game Plan Summary:
๐น Entry Area 3,362.857 (OB top) โ 3,356.000 (deep fib)
๐ป SL Zone Below 3,352
๐ Target 3,384.285 (premium high)
๐ง RRR Potential 1:3+ with structure & fib backing it up
๐ฌ Pro Tip:
Let the market tap liquidity + react. No entry? No FOMO.
You donโt chase โ you snipe from the OB treehouse. ๐ฅท๐ฏ
โ
Drop โGold Ninja Setupโ in the comments if youโre planning to catch this
๐ฅ Save this chart โ entries like this donโt show up every day
๐จ Follow @ChartNinjas88 for daily Smart Money sniper plays on XAUUSD & FX pairs
Bears counterattacked strongly, is the 3300 mark in danger?Gold bulls collapsed! Bears counterattacked strongly, is the 3300 mark in danger?
Fundamental analysis
Safe-haven demand weakened
The call between the leaders of China and the United States released a signal of easing trade tensions, the market risk appetite rebounded, and gold rose and fell.
Spot gold once hit a four-week high of $3,403 during the week, but eventually closed down 1.26% to $3,310.
The market is paying attention to the US non-farm data and the policy trends of the Federal Reserve. If the data is strong or strengthens the expectation of interest rate hikes, it may further suppress the gold price.
Despite the short-term pressure, the gold price has risen by 28% this year, and its long-term safe-haven attribute has not changed.
Technical analysis
Weekly level
The pattern shows significant pressure from above, and the MACD high dead cross sign indicates that the bears may continue to test the 3300 mark.
Daily level
The decline for several consecutive days broke the short-term moving average (5-day/10-day moving average), and the MACD dead cross increased in volume, which was overall bearish.
The key support moves up to 3295 (Bolin middle rail), if it fails, it will open up downward space.
4-hour level
The price breaks below the Bollinger lower rail, the moving average system is arranged in a short position, and the MACD dead cross has sufficient momentum. The short-term may test the 3280 support.
Operation strategy
Resistance level
Short-term: 3328-3330 (short dividing point)
Strong resistance: 3345-3350 (breakthrough will slow down the downward rhythm)
Support level
Primary: 3290-3280 (beginning of the week target)
After breaking, look to the 3250-3230 area
Recommendations
Main strategy: short-selling on the rebound to the 3328-3332 area, stop loss above 3345, target 3290-3280.
Auxiliary strategy: light long orders at the first touch of 3280, stop loss below 3270, target 3300-3310.
Risk warning: If the non-farm data is lower than expected or the geopolitical situation changes suddenly, be wary of a bullish counterattack.
Gold is still BullishDear Traders,
Most times Retail Traders lose trades because their emotions overpower price action. From the daily chart again, it is quite obvious why I mentioned that I am still bullish until Gold Closes strongly below $2,345. Until then, I will keep looking for bullish price action above that level until gold proves otherwise.
It is usually good to pay attention to price action, that is what price is doing exactly and not what we think price is going to do. As we can all see from a daily perspective, there was a strong daily close above the bullish flag which may potentially be confirming bullish continuation. However, it is important to note that price will always do its thing and our job is simply to pay attention and trade only in the direction of price,
Trade carefully and apply proper risk management.
XAUUSD:Go long in batches
Gold in recent two days of strong performance in Asia and Europe, the US is slightly weak, the shock range expanded, below 3340-45 is the rise point of these two times, currently back to around 3365, although the price back before, but the income did not expand. At present, gold is not a strong one-sided rise, is still volatile up, near this position into the long order to hold, is expected to break the probability of today's data is small.
On the trade, buy long in batches around 3365 and 3340-45, and look above the target at 3390-92 first
Trading Strategy:
Long orders near 3365 continue to hold
3340-45 can buy long orders twice
TP:3390-92
โโโ More detailed strategies and trading will be notified here โโโ
โโโ Keep updated, come to "get" โโโ
Non-agricultural data is coming. Disrupt the market?Market analysis:
The market once again staged a long-short trend yesterday. Due to the intensification of geopolitical risks, gold has been advancing all the way. Because of the easing of Sino-US trade relations, prices have fallen sharply. From the current market point of view, non-agricultural data is the key today. After a sharp drop in the early morning, it fluctuated sideways and maintained a small rebound.
According to the ADP data on Wednesday, there is a high probability that the data will be bullish today. The support in the early trading will focus on around 3345. Under the condition that the upward trend remains unchanged, the current market prompts a risk of retracement, but it will not prompt shorts to enter the market; before the non-agricultural data, it is still a low-multiple idea.
Non-agricultural data analysis:
Non-agricultural, recently affected by tariff conflicts, employment is very bad, especially Wednesday's ADP data, which is far below expectations, and this month's non-agricultural is expected to be 130,000. Although the expectation is lower than 177,000 last month, this number is still relatively high compared to ADP.
If the data released is higher than 177,000, it will be bearish for gold, but in terms of tariffs and ADP, this possibility is extremely small. The data is higher than 130,000 and lower than 177,000, which is also likely to be bearish for gold.
If it is lower than 130,000, gold may take this opportunity to rise sharply.
I think according to Wednesday's ADP, today's non-agricultural data is likely to be lower than 130,000, and the market will rise.
Positions to pay attention to today:
First support level: 3345, second support level: 3330, third support level: 3300
First resistance level: 3375, second resistance level: 3390, third resistance level: 3410
Operation strategy:
Aggressive trading-currently long at 3370, after the release of non-agricultural data, the gold price is likely to rise above 3400 points, which is also our profit range.
Steady trading-long at around 3350, the profit range is still at 3400 points after the release of non-agricultural data.
XAUUSD M15 Support & Resistance Levels๐ Here are some key zones I've identified on the 15m timeframe.
These zones are based on real-time data analysis performed by a custom software I personally developed.
The tool is designed to scan the market continuously and highlight potential areas of interest based on price action behavior and volume dynamics.
Your feedback is welcome!
GOLD Ready to Explode? Breaking ATH Resistance โ 3800 Next?!Gold is heating up! ๐ฅ Price just broke the daily resistance trendline and is now testing the top of the range ๐
๐ A confirmed breakout could send us flying to 3523, 3628, and even 3800+ USD!
๐ก Watch for strong bullish momentum above ATH resistance.
๐ Targets marked โ Risk/Reward is ๐ฅ
๐ฌ Whatโs your bias โ breakout or fakeout? Drop your thoughts below!
#Gold #XAUUSD #Breakout #TradingView #PriceAction #SmartMoney #TrendlineBreak
BEST XAUUSD M30 BUY AND SELL SUTUP FOR TODAY๐ Gold is currently showing bullish strength with a break above key structure levels and multiple CHoCH confirmations. Price is approaching a weak high near 3,392, which may act as a liquidity target before potential reversal. ๐ After sweeping this high, a bearish move could unfold, aiming for the demand zones between 3,350โ3,333 where buyers may step back in. ๐ง Traders should prepare for a liquidity grab scenario, with bullish continuation likely invalidated if price closes below the strong demand. โ ๏ธ Watch price action closely near the weak high and key imbalance zones. ๐๐๐
Continue to short goldTechnical aspect:
Although the ADP data release is a big positive for gold, the trend of gold is quite different. It only rebounded to around 3362 and then gradually fell back, which to a certain extent strengthened the effectiveness of the short-term resistance area of โโ3365-3375. For the time being, technical indicators alone cannot support gold to continue to rebound. After consuming a certain degree of bullish momentum, gold will continue to retreat. And I think 3340 will be broken, and even continue to the 3330-3320 area. So in terms of short-term trading, I still prefer to short gold.
Trading strategy:
Consider shorting gold in the 3360-3370 area, TP: 3345-3335.
XAUUSD consolidation before a decisionGold FX:XAUUSD is currently hovering around 3,354 after a sharp drop from the recent high of 3,391. Sellers pushed the price down to the key support zone at 3,334โ3,335, but bearish momentum has clearly weakened. The price is moving sideways with small-bodied candles and low volume, indicating the market is โholding its breathโ ahead of the European or US sessions or potential market-moving news.
If this support zone holds and we see a clear bullish signal (such as an engulfing or marubozu candle), it could be a good entry for a buy position, targeting 3,365โ3,370 initially and then aiming for a retest of 3,391. A safe stop-loss can be placed below 3,330. However, if price breaks below 3,334 and closes beneath it, the market may enter a deeper correction phase, with potential downside targets at 3,320 or even 3,305.
In short, this is a sensitive area where patience is key. Wait for clear confirmation before entering any trades, avoid rushing in, and stick strictly to your risk management rules.
Wishing all traders a clear mind, sharp strategy, and profitable results!