Gold - A Bullish Close Would Be Insane!Gold ( TVC:GOLD ) has to close bullish now:
Click chart above to see the detailed analysis👆🏻
Just since the end of 2022, Gold rallied about +80% which is simply unbelievable looking at the already significant market cap of the precious metal. However this bullrun does not seem to be over and if Gold confirmes the trendline breakout, another rally of +40% will follow soon.
Levels to watch: $4.000
Keep your long term vision,
Philip (BasicTrading)
Commodities
Gold’s Three Soldiers Pattern Signal: A Strong Rally Ahead?Gold ( OANDA:XAUUSD ) is breaking the Resistance zone($2,930-$2,916) and the Neckline of the Inverse Head-and-Shoulders Pattern .
According to the Elliott wave theory, the Zigzag Correction(ABC/5-3-5) is over, and we must wait for the next impulse wave .
Also, the Three Soldiers Candlestick Pattern is a good sign to break the Resistance zone($2,930-$2,916) and neckline .
I expect Gold to rise to at least $2,953 , if the Resistance zone($2,957-$2,940) is broken, we should wait for Gold to rise to the Potential Reversal Zone(PRZ) .
Do you think Gold can make a new All-Time High(ATH)?
Note: If Gold goes below $2,887, it should expect more gold Dumps.
Gold Analyze ( XAUUSD ), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
GOLD fluctuates strongly, affected by ADP and Trump's policiesOANDA:XAUUSD Spot trading fluctuated strongly due to the impact of US jobs data and news of Trump's tariffs.
ADP's national jobs report, also known as the "small nonfarm" report, showed that private-sector job growth in the United States slowed in February, with just 77,000 jobs created, well below the expected 140,000 jobs.
"Policy uncertainty and slowing consumer spending may have contributed to a slowdown in layoffs or hiring last month."
ADP chief economist Nela Richardson said in a statement. "Our data, combined with other recent indicators, shows that employers are hesitant to hire as they assess the future economic environment."
After the ADP data was released, the US Dollar index fell sharply, and spot gold prices recovered strongly from the lowest level in Wednesday's trading session of 2,894.27 USD/ounce. As of the time this article was completed, spot gold was trading at 2,923USD/oz, an increase equivalent to 0.15% on the day.
WASHINGTON (Reuters) - U.S. President Donald Trump will waive tariffs on Mexico and Canada for one month for automakers, responding to calls from industry leaders, the White House said on Wednesday.
"We will give a one-month exemption to any imported cars that come in through USMCA," White House press secretary Karoline Leavitt said. "The tariffs will still be in effect on April 2, but at the request of the USMCA companies, the president will give them a one-month exemption so they are not financially disadvantaged."
According to Bloomberg, US President Trump is considering reducing tariffs on some agricultural products from Canada and Mexico. On Wednesday local time, US Secretary of Agriculture Brooke Rollins said "everything is on the table" and hoped the government would decide to provide relief to the agricultural sector.
Specific waivers and exceptions for the agriculture industry, which could include potash and fertilizers, have not yet been determined, Rollins said at the White House. “We believe that the President (Trump) cares very much about these communities,” Rollins said at the White House.
On the geopolitical front, aides to Ukrainian President Volodymyr Zelensky discussed steps toward peace with the U.S. national security adviser, and Ukraine and the United States agreed to meet soon. The cooling geopolitical situation in Ukraine can be seen as a pressure on gold prices in the short term.
Analysis of technical prospects for OANDA:XAUUSD
Concerns about Trump's tariffs have pushed safe-haven gold prices to an all-time high 11 times this year, peaking at $2,956 an ounce on February 24 and rising 11% this year.
On the daily chart, gold is currently trading with a newly formed price channel, and the next notable target level at $2,942 is more of an all-time high. However, in terms of momentum, it is facing some obstacles due to the 61 level of the RSI Relative Strength Index. If RSI breaks above this level, this will be a positive signal for price momentum.
Even if gold falls below the price channel, it still has a bullish outlook, the current declines should still only be seen as a short-term correction or a buying opportunity.
Some notable locations of the day will be listed as follows.
Support: 2,900 – 2,880USD
Resistance: 2,942 – 2,956USD
SELL XAUUSD PRICE 2943 - 2941⚡️
↠↠ Stoploss 2947
→Take Profit 1 2935
↨
→Take Profit 2 2929
BUY XAUUSD PRICE 2877 - 2879⚡️
↠↠ Stoploss 2873
→Take Profit 1 2885
↨
→Take Profit 2 2891
Gold price breakout – What’s Next?The XAU/USD 2-hour chart reveals an exciting breakout from the previous downtrend channel, signaling a potential trend reversal. The 34 EMA and 89 EMA continue to provide solid support, while buyers are holding firm within the consolidation zone.
Two Key Scenarios Ahead:
✅ Case 1: If gold breaks out of this consolidation box, we could see a strong bullish continuation toward $2,950 - $2,970, and possibly even higher.
⚠️ Case 2: However, if price fails to sustain above this range, a retracement to $2,880 - $2,850 is on the table.
With geopolitical tensions rising and economic uncertainty driving investors toward safe-haven assets, will gold break higher, or are we in for a deeper pullback?
📉📈 What’s your outlook on gold? Bullish or bearish? 🚀👇
XAUUSD: 6/3 Today's Market Analysis and StrategyGold technical analysis
Daily chart resistance 2957, support below 2892
Four-hour chart resistance 2930, support below 2887
One-hour chart resistance 2930, support below 2912
Gold news analysis: As the US tariffs on many countries continue to take effect, and more tariff plans for Europe and other countries are about to be implemented, gold's position as a safe-haven asset remains solid. Earlier this week, US President Trump imposed a 25% tariff on Canada and Mexico. However, to the surprise of the market, US Commerce Secretary Howard Lutnick hinted that some tariff relief may be provided to the two US neighbors. According to Bloomberg, Lutnick said in an interview with Fox Business Channel that there may be a way to reduce some tariffs. This news may put some pressure on the upward trend of gold prices in the short term. As tensions in the physical market ease, the extreme dislocation of gold prices is fading, indicating that the craze for shipping gold to the United States may have peaked. This change in supply and demand dynamics may also have an impact on the recent trend of gold prices. US Treasury yields have rebounded slightly, although there is still a long way to recover. The change of yield rate usually shows an opposite relationship with the gold price, which is also one of the factors that the market pays attention to.
Gold operation suggestion: Yesterday, gold experienced a wide range of long and short fluctuations in the volatile trading. The price rebounded slightly in the Asian and European sessions. The European session was suppressed below 2922 and fell back and fell. The US session accelerated downward and broke through the 2900 integer mark to reach 2894 and stabilized and began to rebound. Finally, it broke through the 2929 mark and began to fall and consolidate. The overall gold price formed a wide range of long and short fluctuations around the 2894-2929 mark.
From the current trend analysis, today's lower support continues to focus on the one-hour level 2912 first-line support and the daily level support 2892. The upper pressure focuses on the vicinity of 2930. Continue to rely on this range to participate in high selling and low buying during the day, and wait patiently for key points to enter the market.
Buy: 2892near. SL:2887 (can be entered repeatedly)
Buy: 2900near. SL:2895 (can be entered repeatedly)
Buy:2912near. SL:2908
Sell:2930near. SL:2935
Gold - 1H TF (UPDATE)Still keeping an eye out for possible buy's in the short term towards a new ATH at $1,963. Pending LQ sitting at $2,955.
But overall, we're bearish in the mid term so will adapt & also keep an eye out for market structure shifting to bearish. Current market structure is very choppy so I know we a lot of buyers & sellers are getting liquidated around this zone.
Gold update: the uptrend remains strong!Gold price is sitting at one-week highs near $2,930 early Thursday, consolidating a three-day recovery while aiming for a retest of lifetime highs of $2,956 ahead of mid-tier US economic data releases.
As mentioned on the chart, the uptrend remains intact, with the 34.89 EMA acting as strong support and the parallel channel effectively protecting buyers. Therefore, gold is still considered a safe investment, with a high likelihood that the upper resistance level of the trend channel will soon be confirmed.
What about you? What are your thoughts on gold?
Others fled in panic, we entered bravely and succeeded againFriends who followed me to go long in the 2905-2910 area, I made a profit of 130 pips this time, which is a good trading result. It has been proven to be effective. Others are still waiting and watching. I directly went long on gold. This wave of operations is a sure win. Just wait and count the money.
When everyone is afraid, according to market analysis, it is our opportunity to lay out. Others hesitated before the rise of gold, but we firmly went long and embraced this counterattack of wealth with a fearless attitude. The uncertainty of the market is the plight of the weak, but it is the stage of the strong. When others are deterred by the trend of gold, we decisively go long and interpret the extraordinary investment vision with actions. When everyone dares not to go long on gold, we have quietly entered the market and waited for the wave of wealth to surge.
This is the fast trading strategy, a beacon on the road, guiding your direction and allowing you to see the road clearly in the dark. If you are interested, you can join my article channel at the bottom.
Trump Goes "The Peacemaker", as Crude Oil Turns Gradually LowerThe notion that crude oil prices might decrease due to an abatement of the Ukraine's war not seems to be counterintuitive, as the conflict has historically led to increased oil prices due to supply disruptions and geopolitical tensions.
There are several factors that could contribute to a decrease in oil prices if tensions were to ease.
Factors Contributing to Decreased Oil Prices:
Easing of Sanctions on Russia: If tensions between the U.S. and Ukraine were to ease, it might lead to a relaxation of sanctions on Russia, potentially allowing more Russian oil to enter the global market. This increase in supply could help reduce prices.
Market Perception of Reduced Conflict: The market might perceive a decrease in conflict as a sign of reduced risk to global oil supplies, leading to lower prices. This perception could be influenced by expectations of increased oil availability from Russia and other regions.
OPEC Production Increases: If OPEC decides to increase production, as it has recently done, this could add more oil to the market, further pressuring prices downward.
Global Economic Concerns: Economic slowdowns or concerns about global growth can reduce demand for oil, leading to lower prices. The Ukraine conflict has contributed to economic uncertainty, and its abatement might not necessarily increase demand if global economic concerns persist.
Fundamental considerations
Well, in early March 2025, oil prices fell due to a combination of factors, including tensions between the U.S. and Ukraine and OPEC's decision to gradually increase output. Brent crude fell to around $71.08 per barrel, and WTI to about $68.01 per barrel.
Impact of Sanctions: Despite sanctions not directly targeting Russian oil, they have affected its exports by limiting financing and causing some buyers to avoid Russian crude. Easing these sanctions could increase Russian oil exports, potentially lowering global prices.
Market Dynamics: The war in Ukraine initially caused oil prices to surge due to supply concerns. However, if the conflict were to abate, market dynamics could shift, leading to decreased prices as supply risks diminish and global economic factors come into play.
Post war challenge
Crude oil and gasoline prices today are moderately lower, but crude oil tends to breakthrough a long-term 3 - to - 4 years low.
Crude oil prices are under pressure as US tariff uncertainty weighs on the outlook for energy demand.
Also, ramped-up Russian oil exports boost global supplies and are negative for prices.
In addition, crude prices have some negative carryover from Wednesday when weekly EIA crude inventories rose more than expected to a 7-month high.
Conclusion
In summary, while the Ukrainian war has historically driven oil prices up due to supply disruptions and geopolitical tensions, an easing of tensions could lead to decreased prices through increased supply, reduced market risk, and global economic factors.
--
Best 'Peacemaking' wishes,
@PandorraResearch Team 😎
Gold (XAUUSD) - Inverse Head & Shoulders Breakout Setup!Hello everyone, i hope you all will be doing good in your life and your trading as well, let's discuss about Gold and it is showing a strong bullish setup with an inverse head and shoulders pattern on the 1-hour chart . This means buyers are stepping in , and a breakout above the $2,930-$2,932 neckline could push prices higher toward the next resistance at $2,954-$2,960 . A stop-loss around $2,910-$2,906 can help manage risk in case of a pullback. Watch for volume confirmation when the breakout happens—it’ll add more strength to the move!
If Gold breaks out and holds above the neckline , we could see a good upside rally as buyers take charge. But if it fails to sustain, we might see some consolidation or even a drop. Best approach? Wait for a clean breakout and retest before jumping in. Stay sharp, manage risk, and trade smart!
Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions.
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Gold Intraday Expectations Long/BuyGold trading at 2904.xx when we were publishing the analysis.
Gold has challenged PDL 2894 moved below to 2892.xx and bounced sharply to 2905 by now. As per our readings we have 2 important levels today to watch, one is 2992 that is under the consideration that it may break down if gold remains below 2916 and fall towards 2877/2871 can open that can be considered a good buying range/level. On the upside we expect gold can challenge PDH at 2929.
Our analysis suggests fall around 2877/2871 is possible that can be bearish target and from where bounce to 2916/2929 is possible that our Main Goal/Target for now.
Trade as per your plan and if you like our idea do share your feedback.
Gold shorting is in place, waiting for the moment of breakthrougThe short position is already in place. Although the gold price is not volatile at the moment, this is just the rhythm before the storm. Stay patient and don't be anxious because of the temporary stillness. The balance of the market will eventually tilt in the direction we expect, and rich returns are waving not far away.
Go long gold first, then go short gold!!!Go long first and then go short
At present, gold has fallen back from around 2926 and touched around 2900. Although it has been slightly punctured, it has not effectively fallen below 2900. The support area of 2900-2890 that I suggested is still valid; and in the process of gold falling back, it is more conducive to long funds waiting for opportunities to enter the market to increase liquidity, and it is more conducive to gold continuing to rise or even breaking through the resistance area near 2930 after technical adjustments and accumulating momentum. So in short-term trading, I advocate going long gold. We can go long gold in the 2905-2895 area, and I have executed this trading plan, expecting gold to rise and bring us huge profits.
I always believe that profitability is the criterion for measuring strength. I want to tell you that I never talk in vain. Everything is based on transaction data. Brothers, profit is the ultimate goal of trading. Accumulating profits is what changes life and destiny. Wise choices are far more important than hard work. If you want to copy trading signals and earn stable profits, or want to learn in depth about correct trading logic and techniques, you can consider joining the channel at the bottom of this article.
Remaining Bullish on Goldyesterday was the Non Farm Payroll news. Price stalled till it was time for news then pulled back to fill in a H4 Gap. Now I'm looking for price to continue bullish. There is not Area that they did not fill in so I'm thinking they might just come out the gate running soon as we are inside of the killzone. waiting for the killzone is the key though.
Platinum at Key Support Zone – Will Buyers Step In?OANDA:XPTUSD is approaching a significant support zone, marked by prior price reactions and strong buying interest. This area has previously acted as a key demand zone, increasing the likelihood of a bullish bounce if buyers step in.
If the price confirms support within this zone through bullish price action—such as long lower wicks or bullish engulfing candles—we could see a reversal toward 978.700, a logical target based on previous market structure and price behavior.
However, if the price breaks below this support zone and sustains, the bullish outlook would be invalidated, potentially leading to further downside.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
Gold's Resistance Battle: Breakout or Reversal?Gold ( OANDA:XAUUSD ) is moving near the Resistance zone($2,896-$2,878) .
According to the theory of Elliott waves , Gold seems to have succeeded in completing microwave 5 .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks .
I expect Gold to go down at least pivot points after breaking the Uptrend line , and in the next stage , the Support zone($2,845-$2,830) can be the next target .
Note: If Gold can go over the Resistance zone($2,896-$2,878), we can expect more pumps.
Gold Analyze ( XAUUSD ), 15-minute time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Go long on gold 05-10, and continue to go long in the short termRecently, the market is also fermenting around the new US tariff policy and the US-Ukraine mineral agreement, which has triggered the Russian-Ukrainian war. Things that should have been clear have not been implemented, which has led to increased uncertainty. In addition, the Federal Reserve also plans to accelerate the pace of interest rate cuts due to the increased risk of economic downturn, so the current market trend is also very repeated. In terms of operation, it is still a repeated shock pattern before the non-agricultural data. From the trend point of view. Comparing long and short positions, long positions are still slightly stronger. At present, the gold price fluctuates in a narrow range around 2900. There is no major news to boost or suppress the gold price in the short term. Therefore, after consuming a certain amount of short-selling power, the bulls will regain control of the situation, and there will be very good trading opportunities for long gold. Now we are long gold around 2905-2910. The target is 2918-2928 area, wish us good luck! Brothers, have you followed me to go long on gold?
Want to expand profits but not expand profits, unclear about the direction, and don’t know how to analyze the market. If you are like this. Then you can try to change your trading style with a fast trading strategy. If you are interested, you can join my bottom article.
GOLD → The calm before the NFP torm! What’s next?OANDA:XAUUSD is currently trading within the 2926 - 2894 range, signaling a pause after its recent strong uptrend. If a false support breakdown occurs, the market could quickly revert, especially amid signs of a recovering USD.
However, a weaker dollar and expectations of a Federal Reserve policy shift toward easing continue to support gold demand. Despite the temporary suspension of Trump’s tariff measures, the precious metal remains in focus as a safe-haven asset.
Traders are now closely watching the NFP report, which could dictate the dollar’s future trajectory and influence Fed policy decisions. In the short term, attention will be on Initial Jobless Claims data, which may provide early signals about the U.S. labor market.
Technical Outlook
-Gold remains within the 2926 - 2894 range, potentially testing liquidity near the 2894 support zone.
-An unfilled fair value gap (FVG) below 2894 could lead to a brief dip before a rebound.
-Given the bullish long-term trend in gold and the ongoing dollar weakness, the probability of a price recovery remains high.
In this scenario, gold may fake out a breakdown, grab liquidity near support, and then resume its broader uptrend.
Best regards, Bentradegold!
Now is the best time to short gold prices!At present, the price of gold fluctuates in a narrow range around 2926. There is no major news to boost or suppress the price of gold in the short term. From the trend, it is obvious that the rebound of gold is not enough to support the continuation of the rebound and breakthrough of gold. Therefore, after consuming a certain amount of bullish power, the bears will regain control of the situation.
So in the short term, you can still try to short gold again. I have already shorted gold around 2920-2930. The target is 2918-2908 area. Wish us good luck! Brothers, have you followed me to short gold?
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Gold real-time market trend analysis and operation suggestionsGold technically experienced a wide range of long and short fluctuations in the volatile trading. The price rebounded slightly in the Asian and European sessions, and then fell below 2922 in the afternoon European session. In the evening, the US session accelerated downward and broke through the 2900 integer mark to reach 2894, stabilized and rebounded. In the early morning, the gold price ushered in a deep V rebound and pierced through the 2929 mark, fell and closed in volatility.
Gold is currently temporarily maintaining a range of oscillations and repairs on the daily trend, and the current price is temporarily compressed between 2890-2930. From the perspective of the 4-hour chart, the MACD kinetic energy column is weakening, that is, the bullish force is weakening, and the KDJ is obviously blunt and weak. There is still an opportunity for rebounding to short at a high level in the subsequent market. Gold is still fluctuating in a large range in 1 hour. Gold bulls did not break upward overnight, so the confidence of gold bulls is not very sufficient. Gold was still under pressure from the 2930 line last night under the stimulation of risk aversion. In the short term, the gold price is likely to continue to maintain a wide range of fluctuations around the 2890-2930 area. If it breaks, it needs to follow the trend and deal with it. You can continue to pay attention to the resistance strength of the 2930 position above. In terms of operation ideas, it is recommended to focus on rebound shorting. The short-term focus on the 2920-2925 line resistance above and the short-term focus on the 2890-2885 line support below.
This is the fast trading strategy, a beacon on the road, guiding your direction and allowing you to see the road clearly in the dark. If you are interested, you can join my bottom article channel.
Those who are long gold or want to go long remember to readAt present, the candlestick chart is in an undoubted bullish trend, with large positive lines at the bottom rising one after another, showing a strong trend all the way north. The continuous large positive lines have consolidated the foundation of the bulls. Although the market has seen a large negative line drop during the period, the positive line has quickly and strongly pulled up, and has now completely engulfed the negative line entity, forming a typical bullish engulfing pattern, which is undoubtedly a strong signal that the upward trend is further strengthened. At the same time, the 50-day moving average continues to maintain an upward rhythm, and the 2908 point support level is as solid as a rock. This point is an excellent opportunity to enter the market.
The gold four-hour line continues to show the phenomenon of positive lines engulfing large negative lines. This candlestick chart pattern is usually regarded as a strong reversal signal, which means that the bulls are rising strongly and gradually regaining market dominance. It is a wise choice to follow the trend and arrange long orders at the key support level of 2908. It has effectively blocked the short-selling offensive many times and has strong support. Going long at this position is expected to make rich profits in the continuation of the bull market. Go long at 2908, target 2918-2928-2938.
This is the fast trading strategy, a beacon on the road, guiding your direction and allowing you to see the road clearly in the dark. If you are interested, you can join my article channel at the bottom.