🚨 Gold Pauses at Crossroads – NFP & White House Comments to Spark Heavy Volatility?
Gold is entering the US session with a quiet rebound after an intense selloff phase. Following its historic rally to $3,500/oz, the yellow metal has come under significant pressure — not from fundamentals alone, but from massive profit-taking across Asia, especially from retail investors in China.
Such sharp pullbacks are not abnormal after parabolic runs. Instead, this pullback seems like a healthy technical reset before the market processes two major catalysts later today:
1️⃣ The US Nonfarm Payrolls report (May edition)
2️⃣ Official White House comments on tariffs and trade direction
Together, they’re likely to dictate where Gold is heading next — either a retracement deeper into the demand zones, or a renewed upside attempt toward recent resistance.
📊 DXY & Macro Lens:
The US Dollar Index (DXY) has rebounded strongly from its base near 98.xx, now reclaiming levels near 100.00. Whether it continues higher depends largely on labor data and economic signals from the White House tonight.
For now, traders should remain neutral-biased but responsive — and treat every key level with surgical precision. Use the H1–H2 timeframe for intraday bias and structure-based execution.
🔺 Key Resistance Levels:
3260
3275
3285
3312
🔻 Key Support Levels:
3244
3230
3215
3200
🎯 Trade Plan for Today – May 3rd, 2025:
🔵 BUY ZONE A: 3232 – 3230
SL: 3226
TP: 3236 → 3240 → 3244 → 3248 → 3252 → 3256 → 3260
🔵 BUY ZONE B: 3214 – 3212
SL: 3208
TP: 3218 → 3222 → 3226 → 3230 → 3235 → 3240
🔴 SELL ZONE: 3276 – 3278
SL: 3282
TP: 3272 → 3268 → 3264 → 3260 → 3250
⚠️ Final Notes:
Volatility today could spike sharply during the US session. With nonfarm data + political headlines colliding at once, this is the kind of session where fortunes are made — or lost.
📌 Avoid emotional trades. Let price reach your zones, wait for confirmation, and stick to your TP/SL rules like a professional.
🚀 The real move hasn't happened yet — but it's coming.
Be ready. Be sharp. Trade with discipline.
Gold is entering the US session with a quiet rebound after an intense selloff phase. Following its historic rally to $3,500/oz, the yellow metal has come under significant pressure — not from fundamentals alone, but from massive profit-taking across Asia, especially from retail investors in China.
Such sharp pullbacks are not abnormal after parabolic runs. Instead, this pullback seems like a healthy technical reset before the market processes two major catalysts later today:
1️⃣ The US Nonfarm Payrolls report (May edition)
2️⃣ Official White House comments on tariffs and trade direction
Together, they’re likely to dictate where Gold is heading next — either a retracement deeper into the demand zones, or a renewed upside attempt toward recent resistance.
📊 DXY & Macro Lens:
The US Dollar Index (DXY) has rebounded strongly from its base near 98.xx, now reclaiming levels near 100.00. Whether it continues higher depends largely on labor data and economic signals from the White House tonight.
For now, traders should remain neutral-biased but responsive — and treat every key level with surgical precision. Use the H1–H2 timeframe for intraday bias and structure-based execution.
🔺 Key Resistance Levels:
3260
3275
3285
3312
🔻 Key Support Levels:
3244
3230
3215
3200
🎯 Trade Plan for Today – May 3rd, 2025:
🔵 BUY ZONE A: 3232 – 3230
SL: 3226
TP: 3236 → 3240 → 3244 → 3248 → 3252 → 3256 → 3260
🔵 BUY ZONE B: 3214 – 3212
SL: 3208
TP: 3218 → 3222 → 3226 → 3230 → 3235 → 3240
🔴 SELL ZONE: 3276 – 3278
SL: 3282
TP: 3272 → 3268 → 3264 → 3260 → 3250
⚠️ Final Notes:
Volatility today could spike sharply during the US session. With nonfarm data + political headlines colliding at once, this is the kind of session where fortunes are made — or lost.
📌 Avoid emotional trades. Let price reach your zones, wait for confirmation, and stick to your TP/SL rules like a professional.
🚀 The real move hasn't happened yet — but it's coming.
Be ready. Be sharp. Trade with discipline.
⚜️ Trade with Money Market Flow, logic, Price action 📉📈
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 to 15 Signals Vip
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 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 7 to 15 Signals Vip
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 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.