GOLD XAUUSD PLAN – MAY 23 | GEOPOLITICAL RISKS FLARE UP – IS GOLD READY TO SURGE AGAIN?
🌍 MACRO CONTEXT:
Iran-Israel-US Tension: Iran has warned that if Israel attacks its nuclear facilities, the U.S. will also be held responsible. Tehran vows to take “special measures” to protect its nuclear program, and has filed formal complaints with the UN. Markets are reacting sharply to this growing geopolitical risk.
Goldman Sachs Alert: Goldman Sachs recommends gold and crypto (Bitcoin) as safe-haven assets amidst soaring bond yields, fiscal crisis fears, and a failed 20-year U.S. Treasury auction. They warn that rising yields are now posing serious threats to equities while the dollar faces longer-term pressure.
📉 TECHNICAL OUTLOOK (M30):
Price has bounced off the 3303 zone, and is showing signs of a bullish breakout if 3360 is taken out.
There is a clear Fair Value Gap (FVG) above 3360–3380, which has yet to be fully filled. Below, the untested FVG zone near 3274–3250 remains vulnerable if support fails.
EMA 13 is trending above EMA 34 and EMA 200 → bullish bias remains valid as long as 3274 holds.
🔑 KEY LEVELS TO WATCH:
SELL Side Key Level: 3358–3360 → A breakout above this zone could lead to a retest of ATH near 3400–3450.
BUY Side Key Level: 3276–3274 → Losing this zone could push gold back below 3200, targeting deeper correction levels.
📈 TRADE SETUPS:
🔵 BUY ZONE: 3276 – 3274
SL: 3270
TPs: 3280 → 3284 → 3288 → 3292 → 3296 → 3300
🔵 BUY SCALP: 3304 – 3302
SL: 3298
TPs: 3308 → 3312 → 3316 → 3320 → 3325 → 3330 → 3340
🔴 SELL ZONE: 3376 – 3378
SL: 3382
TPs: 3372 → 3368 → 3364 → 3360 → 3350
🔴 SELL SCALP: 3344 – 3346
SL: 3350
TPs: 3340 → 3336 → 3332 → 3328 → 3324 → 3320
🧠 FINAL THOUGHTS:
Gold remains highly sensitive to geopolitical headlines and macro instability. As long as the 3303 support area holds, look for bullish continuation towards FVG highs. Break below 3274 may shift the bias sharply to the downside. Stay alert — volatility is expected to rise ahead of the next U.S. data and developments in the Iran nuclear issue.GOLD XAUUSD PLAN – MAY 23 | GEOPOLITICAL RISKS FLARE UP – IS GOLD READY TO SURGE AGAIN?
🌍 MACRO CONTEXT:
Iran-Israel-US Tension: Iran has warned that if Israel attacks its nuclear facilities, the U.S. will also be held responsible. Tehran vows to take “special measures” to protect its nuclear program, and has filed formal complaints with the UN. Markets are reacting sharply to this growing geopolitical risk.
Goldman Sachs Alert: Goldman Sachs recommends gold and crypto (Bitcoin) as safe-haven assets amidst soaring bond yields, fiscal crisis fears, and a failed 20-year U.S. Treasury auction. They warn that rising yields are now posing serious threats to equities while the dollar faces longer-term pressure.
📉 TECHNICAL OUTLOOK (M30):
Price has bounced off the 3303 zone, and is showing signs of a bullish breakout if 3360 is taken out.
There is a clear Fair Value Gap (FVG) above 3360–3380, which has yet to be fully filled. Below, the untested FVG zone near 3274–3250 remains vulnerable if support fails.
EMA 13 is trending above EMA 34 and EMA 200 → bullish bias remains valid as long as 3274 holds.
🔑 KEY LEVELS TO WATCH:
SELL Side Key Level: 3358–3360 → A breakout above this zone could lead to a retest of ATH near 3400–3450.
BUY Side Key Level: 3276–3274 → Losing this zone could push gold back below 3200, targeting deeper correction levels.
📈 TRADE SETUPS:
🔵 BUY ZONE: 3276 – 3274
SL: 3270
TPs: 3280 → 3284 → 3288 → 3292 → 3296 → 3300
🔵 BUY SCALP: 3304 – 3302
SL: 3298
TPs: 3308 → 3312 → 3316 → 3320 → 3325 → 3330 → 3340
🔴 SELL ZONE: 3376 – 3378
SL: 3382
TPs: 3372 → 3368 → 3364 → 3360 → 3350
🔴 SELL SCALP: 3344 – 3346
SL: 3350
TPs: 3340 → 3336 → 3332 → 3328 → 3324 → 3320
🧠 FINAL THOUGHTS:
Gold remains highly sensitive to geopolitical headlines and macro instability. As long as the 3303 support area holds, look for bullish continuation towards FVG highs. Break below 3274 may shift the bias sharply to the downside. Stay alert — volatility is expected to rise ahead of the next U.S. data and developments in the Iran nuclear issue.
🌍 MACRO CONTEXT:
Iran-Israel-US Tension: Iran has warned that if Israel attacks its nuclear facilities, the U.S. will also be held responsible. Tehran vows to take “special measures” to protect its nuclear program, and has filed formal complaints with the UN. Markets are reacting sharply to this growing geopolitical risk.
Goldman Sachs Alert: Goldman Sachs recommends gold and crypto (Bitcoin) as safe-haven assets amidst soaring bond yields, fiscal crisis fears, and a failed 20-year U.S. Treasury auction. They warn that rising yields are now posing serious threats to equities while the dollar faces longer-term pressure.
📉 TECHNICAL OUTLOOK (M30):
Price has bounced off the 3303 zone, and is showing signs of a bullish breakout if 3360 is taken out.
There is a clear Fair Value Gap (FVG) above 3360–3380, which has yet to be fully filled. Below, the untested FVG zone near 3274–3250 remains vulnerable if support fails.
EMA 13 is trending above EMA 34 and EMA 200 → bullish bias remains valid as long as 3274 holds.
🔑 KEY LEVELS TO WATCH:
SELL Side Key Level: 3358–3360 → A breakout above this zone could lead to a retest of ATH near 3400–3450.
BUY Side Key Level: 3276–3274 → Losing this zone could push gold back below 3200, targeting deeper correction levels.
📈 TRADE SETUPS:
🔵 BUY ZONE: 3276 – 3274
SL: 3270
TPs: 3280 → 3284 → 3288 → 3292 → 3296 → 3300
🔵 BUY SCALP: 3304 – 3302
SL: 3298
TPs: 3308 → 3312 → 3316 → 3320 → 3325 → 3330 → 3340
🔴 SELL ZONE: 3376 – 3378
SL: 3382
TPs: 3372 → 3368 → 3364 → 3360 → 3350
🔴 SELL SCALP: 3344 – 3346
SL: 3350
TPs: 3340 → 3336 → 3332 → 3328 → 3324 → 3320
🧠 FINAL THOUGHTS:
Gold remains highly sensitive to geopolitical headlines and macro instability. As long as the 3303 support area holds, look for bullish continuation towards FVG highs. Break below 3274 may shift the bias sharply to the downside. Stay alert — volatility is expected to rise ahead of the next U.S. data and developments in the Iran nuclear issue.GOLD XAUUSD PLAN – MAY 23 | GEOPOLITICAL RISKS FLARE UP – IS GOLD READY TO SURGE AGAIN?
🌍 MACRO CONTEXT:
Iran-Israel-US Tension: Iran has warned that if Israel attacks its nuclear facilities, the U.S. will also be held responsible. Tehran vows to take “special measures” to protect its nuclear program, and has filed formal complaints with the UN. Markets are reacting sharply to this growing geopolitical risk.
Goldman Sachs Alert: Goldman Sachs recommends gold and crypto (Bitcoin) as safe-haven assets amidst soaring bond yields, fiscal crisis fears, and a failed 20-year U.S. Treasury auction. They warn that rising yields are now posing serious threats to equities while the dollar faces longer-term pressure.
📉 TECHNICAL OUTLOOK (M30):
Price has bounced off the 3303 zone, and is showing signs of a bullish breakout if 3360 is taken out.
There is a clear Fair Value Gap (FVG) above 3360–3380, which has yet to be fully filled. Below, the untested FVG zone near 3274–3250 remains vulnerable if support fails.
EMA 13 is trending above EMA 34 and EMA 200 → bullish bias remains valid as long as 3274 holds.
🔑 KEY LEVELS TO WATCH:
SELL Side Key Level: 3358–3360 → A breakout above this zone could lead to a retest of ATH near 3400–3450.
BUY Side Key Level: 3276–3274 → Losing this zone could push gold back below 3200, targeting deeper correction levels.
📈 TRADE SETUPS:
🔵 BUY ZONE: 3276 – 3274
SL: 3270
TPs: 3280 → 3284 → 3288 → 3292 → 3296 → 3300
🔵 BUY SCALP: 3304 – 3302
SL: 3298
TPs: 3308 → 3312 → 3316 → 3320 → 3325 → 3330 → 3340
🔴 SELL ZONE: 3376 – 3378
SL: 3382
TPs: 3372 → 3368 → 3364 → 3360 → 3350
🔴 SELL SCALP: 3344 – 3346
SL: 3350
TPs: 3340 → 3336 → 3332 → 3328 → 3324 → 3320
🧠 FINAL THOUGHTS:
Gold remains highly sensitive to geopolitical headlines and macro instability. As long as the 3303 support area holds, look for bullish continuation towards FVG highs. Break below 3274 may shift the bias sharply to the downside. Stay alert — volatility is expected to rise ahead of the next U.S. data and developments in the Iran nuclear issue.
⚜️ Trade with Money Market Flow, logic, Price action 📉📈
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 15 Signals Vip
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 15 Signals Vip
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
⚜️ Trade with Money Market Flow, logic, Price action 📉📈
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 15 Signals Vip
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 15 Signals Vip
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.