XAUUSDK trade ideas
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.
Selling pressure, gold price continues to fall below 3285?⭐️GOLDEN INFORMATION:
Gold prices declined by nearly 2% on Monday, slipping below the $3,300 mark, as investor sentiment improved following U.S. President Donald Trump’s decision to postpone tariffs on European Union imports. The renewed risk appetite, coupled with a modest rebound in the U.S. Dollar from last week’s losses, placed pressure on the non-yielding precious metal.
The move came after a weekend call between President Trump and European Commission President Ursula von der Leyen, which resulted in the U.S. deferring the planned 50% tariffs on EU goods until July 9. The development eased global trade concerns, prompting a shift away from safe-haven assets—excluding the Greenback—and helped propel global equity markets higher.
⭐️Personal comments NOVA:
Accumulated price zone around 3300, under selling pressure, mainly waiting for important economic news this week: GDP, FOMC
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3363- 3365 SL 3370
TP1: $3352
TP2: $3340
TP3: $3325
🔥BUY GOLD zone: $3266- $3268 SL $3261
TP1: $3277
TP2: $3286
TP3: $3300
⭐️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
XAUUSD.. gold 4H charts pattern I'm outlining a short (SELL) trade setup for XAU/USD (Gold). Here's a breakdown of your trade idea:
Entry: 3308 (SELL)
First Target (FVG): 3250
(FVG likely refers to a Fair Value Gap – a liquidity target in imbalanced price zones)
Final Target: 3140
Let’s assess the setup:
Key Points to Consider:
1. Risk Management:
Have you set a stop-loss? For this short, a logical SL might be above recent highs or structure – perhaps around 3330–3340.
Position sizing is critical depending on account size and risk tolerance.
2. Market Context:
Is this based on a higher time frame imbalance, a bearish trend continuation, or news catalyst?
Are you following a liquidity sweep strategy or reacting to a key resistance rejection?
3. Technical Confirmation:
Confirmation from order blocks, bearish divergence, or break of market structure (BOS) could strengthen your setup.
Would you like me to:
Analyze the chart if you provide a screenshot?
Provide a technical breakdown of current XAUUSD levels?
Help calculate risk-to-reward or position size for this trade?
Let me know how you'd like to proceed.
It seems calm, but there are actually undercurrents!Today, the monthly, weekly and daily lines closed simultaneously. At the same time, the PCE data will be released during the US trading session, and the market volatility may intensify.
From a technical point of view, 3285 is also the key to long and short today. If gold does not break 3285 today, the strength of gold bulls is expected to continue, and there is still room for gold to move upward. If gold continues to fall and falls below 3285, then gold may begin to fluctuate in a large range. The upper resistance is in the 3320-3330 area, and the focus is on the 3335-3340 line of suppression. Pay attention to the 3290-3285 line of support below, and the key position below is in the 3280 area. If it breaks below the 3280 area during the day, the market is expected to fall again to the 3265-3250-3240 area.
can Gold make new LL??as it seems a quite bearish trend, the metal has just marked its 3rd LH, so the main thing is that will it continue its bearish trend and if it does that traders should add short positions and for that I have also opened short position although decent RR can be achieved on shorter TFs. The next possible LL has been calculated by the avg of last two
GOLD (XAUUSD): Detailed Daily Time Frame Analysis
Gold is officially in correction now.
Analysing a price action on a daily time frame,
we can see a valid bullish flag pattern.
A minor trend that we see within the boundaries of the flag
reflects a global overbought state of the market.
The upper boundary of the flag is a strong vertical resistance
that concentrates a selling interest.
An accurate signal of a resumption of a bullish trend will be
a breakout and a candle close above that.
A bullish wave will be expected at least to 3420 then.
Remember that we can not predict how long the market will
keep trading within the flag. Also, the market may easily
drop lower within that, updating the low.
If a correction continues below the low of a flag pole,
that may signify a global bearish reversal.
Of course, from a current geopolitical and economic perspective
it is a low-probability scenario.
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Will Trump's Tariffs Propel Gold Past 3,500 ? Again ? On May 23rd's U.S. trading session, Trump's tariff announcements on the EU and Apple roiled markets like a tempest 🌪️. He proposed a staggering 50% tariff on EU products starting from June 1st, citing unfair trade practices. Meanwhile, he threatened Apple with a 25% tariff if iPhones sold in the U.S. weren't manufactured domestically.
This sent gold prices soaring sky - high 🚀. As a reliable safe - haven, gold spiked as investors, deeply worried about the potential global economic impacts, rushed to safeguard their wealth. The 3280 support level for gold, which had been holding firm in the preceding days, became even more crucial as the upward momentum strengthened, like a sturdy anchor in stormy waters ⚓.
If the tariff issue remains unresolved and tensions continue to simmer between the U.S., the EU, and major corporations like Apple, the upward trajectory of gold prices is likely to persist. Analysts predict a good chance it could break the 3,500 mark, as if a new peak is waiting to be conquered 🏔️. Tariffs disrupt global supply chains and raise U.S. inflation fears, driving investors to gold for protection against economic and currency risks, much like sailors seeking a safe port in a typhoon 🌊.
⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️
🚀 Buy@ 3340 - 3360
🚀 TP 3400 - 3450
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 🌟 👇
Identifying and understanding FVGsGold has absorbed liquidity over the past two days, and there was high volume on the previous day. I expect a 'seek and destroy' move today. If that doesn't happen, the market is still in a 4-hour bullish Fair Value Gap (FVG). The market should move upward from here, potentially reaching the Daily High (DH). If this doesn't occur, then 'seek and destroy' is expected. Do your own research; this is not financial advice.
Detailed Explanation:
Liquidity Absorption: Over the past two days, gold has been consolidating, absorbing liquidity. This means that the market has been gathering orders, setting the stage for a significant price move.
High Volume on Previous Day: The previous day's high trading volume indicates strong market interest and participation, often preceding a substantial price movement.
'Seek and Destroy' Expectation: This term refers to a market behavior where price moves to eliminate stop-loss orders, often leading to a sharp price movement. Traders anticipate this to capture liquidity before a significant move.
4-Hour Bullish Fair Value Gap (FVG): A Fair Value Gap is an area on a price chart that represents an imbalance in the market caused by rapid price movements. A bullish FVG on the 4-hour chart suggests that the market has moved quickly upwards, leaving behind unfilled orders. Traders often expect the price to return to this gap, providing an opportunity to enter trades in the direction of the prevailing trend.
Daily High (DH) Target: The Daily High represents the highest price level reached during the current trading day. Traders often monitor this level as a potential target for price movement.
'Seek and Destroy' Revisited: If the anticipated price movement does not occur, traders may look for a 'seek and destroy' scenario, where the market moves to eliminate stop-loss orders, potentially leading to a sharp price movement.
Disclaimer: The statement advises conducting your own research and clarifies that the information provided is not financial advice.
Trading Strategy!
Liquidity Absorption: Recognizing periods of consolidation and liquidity absorption can help traders anticipate potential breakout points.
Volume Analysis: Monitoring trading volume can provide insights into market interest and potential price movements.
Fair Value Gap (FVG) Trading: Identifying and understanding FVGs can offer opportunities for entering trades in the direction of the prevailing trend.
Risk Management: Always conduct your own research and consider seeking advice from financial professionals before making trading decisions.
DYOR!
GOLD Will Go Up! Long!
Take a look at our analysis for GOLD.
Time Frame: 15m
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 3,295.78.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 3,310.58 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Today we will focus on the 3281 support
Gold fell below 3300, today we focus on the support of 3281
We are making a profit from the long suggestions given during the day, focusing on the support near 3281. If this position is not broken, the price will fluctuate and may re-stand on 3300 and go above 3320. Therefore, we insist on the long idea today, short around 3287-90, stop loss 3280, take profit at 3310-20, pay attention to the risk.
May 27 gold short-term trading: long near 3288, stop loss 3280, take profit at 3320
Be careful, if it breaks 3280, it is expected to reach 3260, and you can go bearish.