XAUUSDK trade ideas
Gold Breakdown Setup | Key Support Test IncomingThe market recently broke below a rising trendline and exited a consolidation zone, signaling potential weakness.
📉 After the breakdown, price formed a lower high and is now retesting the 3,290–3,300 zone. If this minor resistance holds, we could see further bearish continuation.
🔷 Key Level to Watch:
Support around 3,212 — this is a major area where price previously reacted.
📉 Scenario:
Expecting a rejection from current levels, leading to a potential move toward the support zone. If 3,212 breaks, it may open doors to even lower targets.
💡 Trade Idea:
Wait for a confirmation (bearish structure) near the retest area. If confirmed, consider short setups with target around the support level.
✅ Always use proper risk management and confirm with your own analysis
XAUUSD 15MThanks for the second chart. Here's a breakdown of what this image shows:
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📉 Chart Summary:
Instrument: Gold Spot (XAU/USD)
Broker/Exchange: OANDA
Timeframe: 15-minute chart
Current Price: ~3,293.970 USD
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🧠 Trade Setup Analysis:
Entry Point:
Clearly marked near 3,300.000 USD
Indicates a short (sell) trade taken at a resistance level after price bounced up and started declining.
Target:
Labeled as “Target Successful”
Appears to be around the 3,255.000 – 3,260.000 USD zone.
Suggests the short trade reached its take-profit level successfully.
Trade Direction:
This is a bearish setup.
Arrows show the expectation of price dropping from the resistance back down to the target zone.
Price Action Confirmation:
Before the entry, we see a reversal pattern from the high.
The drop afterward confirmed the setup was effective.
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✅ Summary:
This chart demonstrates a clean resistance-based sell trade on XAU/USD that hit its take-profit (TP) target. The purple arrow highlights the price movement downward, reinforcing the visual confirmation of a successful short trade execution.
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Would you like a comparison between this gold trade setup and the Bitcoin one you previously shared (e.g., risk/reward, timing, effectiveness)?
xauusd 15mThe chart you've shared is a 15-minute candlestick chart for Gold Spot (XAU/USD) from TradingView. Here's a breakdown of the analysis presented:
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🔍 Key Chart Annotations & Levels
1. Current Price:
Around 3,293.175
2. Support Zone (Register Zoon):
Marked in red, around 3,275.000 - 3,285.000
This appears to be a strong demand/support zone where price might bounce.
3. Resistance Levels:
1st Level Resistance:
3,305.930
Price must break this to confirm a bullish reversal.
Target Point (Major Resistance):
3,329.135
Considered the upside goal if price breaks above the first resistance.
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📈 Price Action Scenarios
1. Bullish Scenario (Green Arrows):
If price finds support around current levels or in the red "register zoon"
A bounce could take price above the 1st level (3,305.930)
Target: 3,329.135
2. Bearish Scenario (Red Arrows):
If price fails to hold above the support zone
Possible breakdown below the red register zone leading to further downside
3. Neutral/Wait-and-See (Black Arrow):
Shows price could range before confirming direction
Suggests waiting for a clear break above 3,305.930 for confirmation
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📝 Observations:
The chart combines support/resistance with trend reversal signals.
Entry might be ideal if price tests and holds above the red zone, or breaks above 3,305.
Typo note: "register zoon" should likely be "register zone".
Would you like help interpreting this strategy in a trading plan or coding it into a trading bot/script?
DeGRAM | GOLD reached the resistance line📊 Technical Analysis
● Twin rejections inside the 3 300-3 340 supply, exactly where the purple retest line and rising-channel ceiling intersect, have carved a lower high and completed a bearish flag.
● RSI confirms negative divergence and the candle body is back below the 3 284 pivot, favouring a slide toward the channel median at 3 172 and, if broken, the floor/September swing low near 3 100.
💡 Fundamental Analysis
● Upbeat US second-estimate GDP and stronger durable-goods orders pushed 2-yr Treasury yields above 5 %, raising gold’s carry cost, while WGC logs a sixth straight week of ETF outflows and the PBoC reportedly paused reserve buying in May.
✨ Summary
Short below 3 300; objectives 3 172 → 3 100. Invalidate on a sustained close above 3 350.
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Waiting for the Golden Reversal!After a clean 5-wave bearish impulse, gold has finally tapped into a high-probability reversal zone! Here's what I'm seeing:
🔹 Break of structure confirmed at 3337.46
🔹 Price extended all the way to the 4.236 – 4.786 fib zone (3244–3228)
🔹 Landed perfectly in the SNR zone (3238–3231)
🔹 Bullish divergence spotted on the Awesome Oscillator (AO)
🔹 Now printing a bullish engulfing right at demand? 👀
📍 This is a textbook reversal setup.
💡 Waiting to Buy:
If price shows continued bullish intent or lower timeframe confirmation, I’m looking to enter long from the 3238–3231 area, targeting back to the Fib retracement zones and potentially the structure break at 3337.46.
🛡️ SL just below the 4.786 fib extension for safety.
🔥 Summary:
✅ Structure broken
✅ AO divergence
✅ Engulfing at SNR + fib confluence
🎯 Buy zone activated – now waiting for confirmation!
📌 Let the market come to you. No rush. Just watching for that golden reversal.
#XAUUSD #GoldReversal #FibExtension #AOdivergence #ElliottWave #BullishSetup #BuyZone #SmartTrading #ForexAnalysis
GOLD Bearish Breakout! Sell!
Hello,Traders!
GOLD made a bearish
Breakout of the key horizontal
Level of 3285$ which also
Seems to have been a neckline
Of the small H&S pattern so
We are locally bearish biased
And we will be expecting a
Further bearish move down
Sell!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
5/26 Gold Trading SignalsGood afternoon everyone!
I just returned from a weekend trip and apologize for the late update today — thank you all for your patience and continued support!
Gold has shown mild downward movement in a one-sided consolidation pattern today. This is a technical pullback after reaching a key resistance zone, reflecting selling pressure at higher levels. Today is Memorial Day in the U.S., which explains the low volatility and reduced trading volume.
🔎 Technical Outlook:
Once gold reached around 3360, it entered a significant resistance zone. If bulls intend to maintain the current uptrend, then the support around 3272 will be a critical level during this pullback. Before that, we should also keep an eye on 3322, 3318, and 3298.
On the 2-hour chart, a bearish divergence has formed, which needs to be resolved, possibly through sideways consolidation or a further pullback.
🗞 Fundamental Outlook:
The news is relatively quiet today, but important economic data and speeches will begin tomorrow, which may trigger larger market moves.
📈 Today’s Trading Plan:
📉 Sell in the 3352–3368 zone (resistance area)
📈 Buy in the 3292–3272 zone (support zone)
🔁 Flexible intraday levels to watch:
3348 / 3332 / 3323 / 3312 / 3305 / 3296
Stay flexible and manage risk accordingly. If you have any questions or want to discuss your trading strategy, feel free to reach out. Wishing everyone a smooth and profitable session!
GOLD Short 29/05Gold boosted above the previous lower high seemingly breaking structure. However I believe this was just a liquidity grab taking stops from above the right shoulder. Still anticipating price to move down. Usd rates not lowered. Trade war simmers as Trump 'not allowed' to set tariffs. Usd strength should continue.
Selling pressure, gold price falls below 3300⭐️GOLDEN INFORMATION:
Gold prices continued to retreat during Wednesday’s North American session, slipping below the $3,300 mark after reaching an intraday high of $3,325 earlier. The pullback, amounting to a 0.27% decline, came as traders absorbed the implications of the latest Federal Reserve (Fed) meeting minutes.
During the May 6–7 policy meeting, the Fed opted to leave interest rates unchanged, highlighting growing uncertainty surrounding the economic impact of proposed tariffs. Officials maintained a cautious stance, citing heightened risks of both inflation and unemployment—potential consequences of trade disruptions.
The minutes also reflected concerns over stagflation, with policymakers noting that “the Committee may face challenging trade-offs if inflation proves more persistent while growth and employment expectations deteriorate.”
⭐️Personal comments NOVA:
The downtrend line remains intact, gold prices are trading around below 3300. The tariff backdrop remains largely unchanged.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3311- 3313 SL 3318
TP1: $3300
TP2: $3290
TP3: $3280
🔥BUY GOLD zone: $3205- $3207 SL $3200
TP1: $3218
TP2: $3230
TP3: $3248
⭐️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
XAU/USD Breakout Opportunity Above Descending TrendlineGold (XAU/USD) is showing a potential bullish breakout on the 15-minute chart. Price action has broken above a descending trendline, signaling a possible reversal from the recent downtrend. A strong bullish candle has closed above the trendline and horizontal resistance near the $3,302–$3,303 area, which may now act as a support.
The setup shows a favorable risk-to-reward ratio with a long position targeting around $3,354, and a stop-loss placed just below the recent breakout zone at $3,288. This indicates a bullish bias as long as price holds above the broken trendline and horizontal support.
Volume appears to be increasing, supporting the strength of the breakout.
⚠️ This analysis is for educational purposes only and not financial advice.
XAUUSD Making Lower HighsGood day,
The overall trend of XAUUSD on the 4-hour timeframe currently appears bearish. This is supported by recent price action where gold is pushing up toward previous day highs, likely setting up for a bearish pullback to test resistance levels.
Key Price Levels and Targets
Resistance and Pullback Setup: The price is approaching resistance near recent highs, a supply area that may trigger a bearish pullback if the upside momentum weakens.
Estimated Price Targets:
Immediate targets on the downside are 3,195.896 and 3,130.847, which align with intermediate support levels.
A more extended bearish bias targets 3,010.225, potentially reaching as low as 2,942.672, which corresponds to deeper support zones.
Fundamental Highlights:
The recent easing of tariff tensions and a stronger US dollar have reduced safe-haven demand for gold, contributing to the bearish outlook.
The Federal Reserve’s cautious stance on interest rates and inflation risks adds complexity; while hawkish signals can pressure gold prices, any potential rate cuts later in 2025 could provide support.
Geopolitical risks remain a wildcard: escalation could boost gold’s safe-haven appeal, while easing tensions may further weigh on prices.
Happy Trading,
K.
Not trading advice.
5/30 Gold Analysis and Trading SignalsGood morning everyone!
Yesterday, we successfully executed short at 3290 and long at 3250, and also entered the 3316–3328 short zone near the close. All signals were hit, and profits were solid ✅.
📉 Technical Outlook:
The 1-hour chart remains in a clear bearish trend, indicating that this pullback is not yet complete.
Initial support at 3296 is very likely to break
Focus shifts to 3278 support, though it appears technically weak
If price hits 3278, a minor bounce is expected, but it's likely just a retracement, not a reversal
🗞 Fundamental Watch:
The U.S. Consumer Confidence Index will be released during the U.S. session today.
Market reaction is expected to be similar to yesterday’s initial jobless claims — possibly triggering short-term moves, but not changing the broader trend.
📈 Trade Plan for Today:
📉 Sell in the 3316–3328 zone (key resistance)
📈 Buy in the 3238–3221 zone (key support area)
🔁 Scalp/flexible trading zones:
3303 / 3288 / 3276 / 3265 / 3252 / 3238
Stick to proper risk management, and stay alert during U.S. data releases.
Trade with the trend and close the week strong!
Additionally, on the 30-minute chart, gold appears to be forming a potential inverse head and shoulders pattern. If this pattern completes and breaks the neckline successfully, the price may surge toward the 3336–3352 area, or even up to 3360.
For those considering short positions, it’s crucial to control position size and avoid entering too early. Try to wait for price action to reach higher resistance levels before making a move. Don’t worry about missing a perfect entry — even if one trade is missed, it won’t affect your overall profitability for the week.
The market always offers opportunities. Stay calm, stick to your strategy, and remember: consistency and patience lead to long-term success.