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Decision Day: Flip or Fail?” — XAUUSD Sniper Battlefield Plan👋 Hello gold tacticians — we’ve entered a key battlefield. Price is hovering in a critical flip zone after a sweep of 3395, and with ADP Non-Farm + ISM Services PMI coming up, the market won’t stay neutral for long. This is not a time for random trades. Let’s lock in real zones and prepare for both traps and confirmations. 🎯 🟡 Neutral Bias Price is in a flip zone (3345–3352) → Not clearly bullish or bearish. We’ve seen both buying pressure from 3320s and strong rejection from 3395. Market is ranging between premium and discount — no confirmed trend. ⚠️ Bearish Weight (Slight Tilt) 3384–3395 sweep confirms liquidity trap. RSI divergence + price rejected from premium supply. FVG gap under price (3303–3289) remains unfilled — likely draw. Big news (ADP + ISM) may trigger stop hunts — downside has better structure for continuation. ✅ Conclusion: We are neutral, but leaning bearish unless price confirms a clean break and hold above 3395. You should follow structure shifts on M15/H1 after ADP before committing fully to either side. 🟡 Neutral Decision Zone – The Flip Battlefield 3345 – 3352 → Previously acted as resistance — now tested as support → This is neutral ground — confirmation will decide if we bounce or dump → Use only with clear M15 PA 🧠 Wait here — bulls and bears will fight it out. 🔻 SELL ZONES – Premium Traps Zone Key Levels Why it Matters 🔺 Main Rejection Block 3384 – 3395 Sweep + FVG + OB cluster — price was rejected here. If tapped again → watch for M15 bearish shift. 🔺 Flip Trap Extension 3368 – 3375 Previous broken high. If price fails to stay above → good place for fakeout sell. 🔺 Ultimate Premium Trap 3412 – 3422 Extreme liquidity grab if market spikes after ADP. Use only if FOMO buyers get trapped. 🟢 BUY ZONES – Smart Demand Levels Zone Key Levels Why it Matters 🟢 Active Rebound Zone 3330 – 3320 OB + FVG + current HL reaction. Great sniper long if price holds. 🟢 Reload Buy Pocket 3303 – 3289 Fresh NY FVG + EMA confluence + liquidity. If ADP gives downside wick, this is the reload zone. 🟢 Final Demand Block 3265 – 3278 Deep sweep zone from H4. If hit → expect strong reaction. HL or M15 BOS confirms. 🔍 Strategy Scenarios 📉 Sell Plan A → Spike into 3384–3395 → M15/M30 bearish shift → short to 3352 → then 3320 📉 Sell Plan B → Flip rejection from 3368–3375 → short scalp to 3330 📉 Sell Plan C → FOMO sweep into 3412+ → wait for reversal wick → high-RR short 📈 Buy Plan A → Bounce from 3330–3320 → confirm HL → long toward 3368 📈 Buy Plan B → Flush into 3303–3289 → watch for OB reaction + PA → long scalp toward 3345 📈 Buy Plan C → Extreme dip to 3265 → reversal PA → long to 3300+ ⚙️ Market Context EMA 5/21/50 bullish but stretched Price is compressing under a sweep — not trending ADP + ISM = volatility trap window RSI showing bearish divergence in premium 💬 Final Words from GoldFxMinds Gold is standing in the middle of a flip battlefield. It doesn’t matter if you’re bullish or bearish — what matters is structure and reaction. Let the market reveal its hand. 🎯 Stay out of noise. Wait for the trigger. Act with clarity. If this breakdown helped you today: ❤️ Drop a LIKE 🧠 Leave a COMMENT on what you’re watching 📌 And FOLLOW GoldFxMinds for clean, structured daily plans Let’s dominate June with patience and precision. — GoldFxMinds
OANDA:XAUUSD
by GoldFxMinds
Gold Price Rises on Tariff Tensions and Geopolitical RisksGold jumped nearly 3% as President Trump announced plans to double tariffs on U.S. steel and aluminum imports to 50% starting June 4, fueling safe-haven demand and weakening the U.S. Dollar. The EU expressed strong regret and warned of potential countermeasures. The rally continued on Tuesday (June 3) as geopolitical tensions escalated. Ukraine launched its largest drone attack on Russian airbases, while Moscow responded with long-range strikes on Kyiv. These events, combined with weak U.S. ISM Manufacturing PMI (May: 48.5, lowest since Nov), added to market anxiety. Investors are watching the Fed’s upcoming statements for clues on rate direction. Lower interest rates and global instability continue to support gold’s bullish case. Technical Outlook – XAUUSD Gold hit $3,371, then pulled back slightly, but remains on track to reach $3,400 soon. A short-term bullish channel is forming, and RSI above 50 suggests more upside potential. Pullbacks above the 21-day EMA and 0.382 Fibonacci level are likely temporary corrections or buy opportunities. Support: 3,326 – 3,300 – 3,292 Resistance: 3,371 – 3,400 – 3,435
O
by Henrybillion
XAU/USD Weekly Forecast : First LONG, then SHORT! (READ CAPTION)By examining the gold chart on the 4-hour timeframe, we can see that after dropping to $3270, the price faced strong buying pressure and opened today’s session with a 100-pip gap at $3298, continuing its rally up to $3370. This bullish move could potentially extend toward $3400, but keep in mind that gold is likely to retrace soon to fill this price gap — so this scenario should definitely be considered!
FX_IDC:XAUUSDShort
by ArmanShabanTrading
16
Hanzo / Gold 15 Min Path ( Confirmed Break Out Zones )🔥 Gold – 15 Min Scalping Analysis (Bearish Setup) Bias: Waiting For Break Out Time Frame: 15 Min Entry Type: Confirmed Entry After Break Out 👌Bullish After Break : 3369 Price must break liquidity with high volume to confirm the move. 👌Bearish After Break : 3349 Price must break liquidity with high volume to confirm the move. ☄️ Hanzo Protocol: Dual-Direction Entry Intel ➕ Zone Activated: Strategic Reaction from Refined Liquidity Layer Marked volatility from a high-precision supply/demand zone. System detects potential for both long and short operations. 🩸 Momentum Signature Detected: Displacement candle confirms directional intent — AI pattern scan active. — If upward: Bullish momentum burst. — If downward: Aggressive bearish rejection. 💯 Market Zone: Transition Phase Asset in premium-to-discount (or vice versa) range — valid for both reversal and continuation trades. Execute with precision.
TVC:GOLD
by Path_Of_Hanzo
XAUUSD: Bouncing off a former Resistance now turned Support.Gold is marginally bullish on its 1D technical outlook (RSI = 56.013, MACD = 32.440, ADX = 32.924) as it made a much needed pullback to test the former LH trendline. This is a Resistance turned Support trendline and as the 4H MA50 holds, we expect the breakout to extend to +7.39% from the bottom. TP = 3,485. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
FX_IDC:XAUUSDLong
by InvestingScope
Bullish bounce off 50% Fibonacci support?XAU/USD is falling towards the support level that lines up with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 3,327.90 Why we like it: There is a pullback support level that lines up with the 50% Fibonacci retracement. Stop loss: 3,304.13 Why we like it: There is an overlap support level that is slightly above the 78.6% Fibonacci retracement. Take profit: 3,390.21 Why we like it: There is a pullback resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:XAUUSDLong
by VantageMarkets
The latest gold trend analysis strategy on June 3: 1. Analysis of the core drivers of the current market Geopolitical risks escalate The worsening of the conflict between Russia and Ukraine has boosted risk aversion demand. Gold, the US dollar and US bonds have strengthened simultaneously, indicating that the market has a strong risk aversion sentiment. If the situation escalates further (such as NATO's direct intervention), the price of gold may accelerate to 3400+. Trade friction risk The United States intends to expand steel and aluminum tariffs. The market is worried that the global supply chain will be hit again. The rebound in inflation expectations is good for gold. Key risk events this week Non-agricultural data (if the job market cools down → the Fed's interest rate cut expectations heat up → bullish for gold) Central bank policy (ECB/Fed officials' speeches, if dovish, support gold prices) 2. Key technical signals (1-hour chart) ✅ Trend structure The moving average is arranged in a bullish pattern (5EMA > 10EMA > 20EMA), and the price runs along the upper track of the Bollinger band, which is strong in the short term. Key support/resistance: Support area: 3340-3350 (previous high support + Fibonacci 38.2% retracement) Resistance area: 3380 (psychological barrier) → 3400 (previous high + integer barrier) ✅ Momentum indicator MACD: Double-line golden cross, the bar is enlarged, but close to the overbought area, be wary of short-term corrections. RSI(14): 62 (not overbought, still has room to rise). III. Refined Trading Strategy 1. Long Entry Plan (1) Pullback and Go Long (Main Strategy) Ideal Entry Range: 3340-3350 (Combined with K-line reversal signals, such as hammer line/bullish engulfing) Stop loss: 3328 (break through previous low + channel lower track, confirm trend destruction) Target 1: 3375-3380 (previous high pressure, partial profit stop) Target 2: 3400 (look to 3420 after breakthrough) (2) Breakout and Go Long (Secondary Strategy) If the price breaks through 3380 strongly and stabilizes, you can go long with a light position, stop loss 3365, and target 3400-3420. 2. Short Hedging Strategy (Caution!) If the price falls below 3328, it may turn short, and you can look to 3310-3300 in the short term (but it depends on whether the fundamentals have turned). IV. Risk management and position control Position ratio: a single transaction should not exceed 3%-5% of the total funds. Stop loss discipline: strictly stop loss at 3328 and avoid emotional holding of orders. Dynamic stop profit: If the price reaches 3375-3380, you can reduce your position by 50%, and the remaining position will be protected by stop loss to 3350. If it reaches 3400, exit all or keep a very small position to fight for higher prices.
FOREXCOM:XAUUSDLong
by Golden_Line_FX
XAUUSD: Break or Bounce at ResistanceGold has reached a critical technical zone near a long-term descending trendline and horizontal resistance around $3360–3380. Price action suggests a make-or-break moment is unfolding. Key Technical Structure: Descending Trendline Resistance from the April high capped the rally. Current move has formed a rising wedge — typically bearish if broken. Price is testing resistance confluence — a rejection could send Gold lower. Scenarios to Watch: 🔹 Bullish Breakout: Clean breakout and close above $3380 confirms trendline invalidation. Upside projection points to $3500 — previous high and psychological level. 🔹 Bearish Rejection: Failure to break the trendline + wedge breakdown can drag price to: $3280 (38.2% Fib) $3160–3200 zone (61.8% Fib + demand area) Macro Factors to Watch: Tariff escalation between US–EU could trigger risk-off → bullish for Gold. FOMC policy pause, weak job data, or inflation rebound also support upside. Stronger USD or yield spike may trigger wedge breakdown → bearish. Conclusion: XAUUSD is at a key inflection point. Wait for confirmation: either a clean breakout or a clear reversal rejection. Trade the resolution, not the anticipation.
OANDA:XAUUSDShort
by ultreosforex
9
Eyes on the Trap: Will Gold Explode or Collapse from Here👋 Hey gold warriors — Tuesday’s battlefield is fully loaded. After a strong NY push, Gold is now deep in premium, pressing into key H1/H4 supply. Liquidity is building above, and the market is hunting late buyers. With Powell’s speech on the radar, structure will decide everything. Will we explode through 3400... or collapse back into discount? Let’s lock in the zones that matter 👇 🔻 SELL ZONES – Premium Reversal Hotspots Zone Key Levels What to Watch 🔺 Main Rejection Zone 3384–3398 Final imbalance + H1/H4 supply. Rejection here with M15/M30 CHoCH = high-probability short. 🔺 Breakout Trap Zone 3368–3375 Already broken weak high — could act as a pivot if price fails to hold above. Watch for bearish reaction. 🔺 Sweep Extension Zone 3405–3412 Only valid on impulsive break above 3398. Look for wick trap or quick rejection. 🔺 Extreme Premium Zone 3440–3458 Deep liquidity + fib extension. If reached, this is the ultimate sniper sell zone — watch for divergence and exhaustion. 🔹 BUY ZONES – Demand Reload Triggers Zone Key Levels What to Watch 🔹 M30 Demand Rebound 3332–3342 Short-term OB + FVG. Scalps only. Must see HL confirmation on M15. 🔹 H1 Demand Cluster 3305–3315 Strong BOS origin + FVG. Clean area to build long if price pulls back. 🔹 Intermediate Reaction Zone 3270–3284 Minor FVG + past reaction. Not a major OB, but could bounce. Confirmation needed! 🔹 Deep Discount Demand 3244–3255 H4 OB + macro structure support. If market flushes here, expect powerful rejection setup. 🧠 Strategic Scenarios 📉 Sell Setup A → Spike into 3384–3398 → M15 shift → short to 3332, then 3305 📉 Sell Setup B → Breakout to 3405–3412 → trap wick → short with target back to 3342 📉 Sell Setup C → Full sweep into 3440–3458 → divergence + reversal → high-prob swing short 📈 Buy Setup A → Pullback into 3315 → HL confirmed → long toward 3375 📈 Buy Setup B → Clean bounce from 3270–3284 with CHoCH → scalp to 3332 📈 Buy Setup C → Washout into 3255 → bullish engulfing or M15 BOS → long setup toward 3305+ ⚙️ EMAs & Momentum ✅ EMA 5/21/50 = bullish lock across TFs ⚠️ RSI showing divergence in premium → risk of exhaustion above 3400 🔁 Price now extended — wait for clear reaction before taking action 💬 Final Word from GoldFxMinds We’re in the zone — literally. This is not the time to chase green candles or short early. 🧠 Let the structure shift. Let liquidity clear. Then enter with confidence, not emotion. 💛 If you appreciate this sniper-grade breakdown: 👍 Smash that LIKE 💬 Comment your thoughts below 📍 And follow GoldFxMinds for real-time intraday updates and battle-tested plans. Let’s trade like tacticians, not gamblers. — GoldFxMinds
OANDA:XAUUSD
by GoldFxMinds
4
GOLD ROUTE MAP UPDATEHey Everyone, Another powerful day in the markets with our chart idea unfolding exactly as anticipated. In yesterday’s update, we highlighted that all our targets, 3305, 3334, and 3359 were hit following the EMA5 cross and lock confirmation. We also pointed out the EMA5 lock above 3359, now left 3389 open. ✅ Today, that 3389 level was hit to perfection. The absence of a further EMA5 lock above confirmed a precise rejection, sending price back down into the lower Goldturns for support and bounce inline with our plans to buy dips. We will continue to buy dips using our support levels taking 20 to 40 pips and track the movement with ema5 lock or rejection. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3305 - DONE EMA5 CROSS AND LOCK ABOVE 3305 WILL OPEN THE FOLLOWING BULLISH TARGETS 3334 - DONE EMA5 CROSS AND LOCK ABOVE 3334 WILL OPEN THE FOLLOWING BULLISH TARGET 3359 - DONE EMA5 CROSS AND LOCK ABOVE 3359 WILL OPEN THE FOLLOWING BULLISH TARGET 3389 - DONE EMA5 CROSS AND LOCK ABOVE 3389 WILL OPEN THE FOLLOWING BULLISH TARGET 3428 EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGET 3478 BEARISH TARGETS 3271 EMA5 CROSS AND LOCK BELOW 3271 WILL OPEN THE FOLLOWING BEARISH TARGET 3227 EMA5 CROSS AND LOCK BELOW 3227 WILL OPEN THE SWING RANGE 3185 3146 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
13
Long orders have made profits, gold layout in the evening📰 Impact of news: 1. Economist: The Federal Reserve may cut interest rates sharply in December 2. Lee Jae-myung, candidate of the Democratic Party of Korea, was elected president of South Korea 📈 Market analysis: Currently, the gold price is in a consolidation pattern, showing an overall volatile pattern during the day. The hourly Bollinger Bands are opening downward, and the MACD indicator is running in a dead cross. In the short term, the bears have a certain advantage. However, observing the 4H level, it can be found that the RSI indicator crosses when entering the overbought area, suggesting that the risk of a correction in the short term has increased. For evening operations, it is recommended to wait for the gold price to stabilize before entering the market, focusing on the important support of 3335-3325. If it obtains effective support and stabilizes in this range, the gold price may resume its upward trend. If it falls below 3325, the bullish momentum will be weakened. Therefore, it is recommended to wait for a pullback to 3335-3325 to go long in the US market, and look to 3350-3370 in the short term. 🏅 Trading strategies: BUY 3335-3325 TP 3350-3370-3400 If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
OANDA:XAUUSDLong
by AllenBoswell-2
The latest trend analysis and operation layout of Europeanmarket📰 Impact of news: 1. Speech by the Federal Reserve during the US trading session 2. Geopolitical and tariff issues 📈 Market analysis: Recently, the escalation of the Russia-Ukraine conflict and global trade tensions has pushed international gold prices to rise strongly. Although Russia and Ukraine reached a consensus on prisoner exchange in the second round of negotiations on Monday, the ceasefire agreement remained deadlocked. Coupled with the US announcement of additional steel tariffs, geopolitical risks and economic uncertainties stimulated risk aversion sentiment. From a technical perspective, the upward trend of gold since 3120 is clear. After breaking through 3340 on Monday, it accelerated to test the 61.8% Fibonacci resistance level of 3396, but the pressure at the 3400 integer mark is significant. At the same time, 3330 below is still the current key support level. The current decline in gold prices is more like a technical correction to yesterday's rise. Yesterday, we reminded everyone to pay attention to the 3355 level. The intraday operation suggestion for the European session is 3355-3345. You can try to go long and look at the 3370-3380 line. If it breaks through effectively, it will test the 3396 or even 3400 line; if it fails to break through the upper resistance, it will fall into a range of fluctuations. 🏅 Trading strategies: BUY 3355-3345 TP 3370-3380-3390 SELL 3370-3380 TP 3350-3340-3330 If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
OANDA:XAUUSDLong
by AllenBoswell-2
GOLD → Correction to liquidity before growthFX:XAUUSD is in the realization phase after exiting the “symmetrical triangle” consolidation. The price is supported by the trend and a complex fundamental background. Gold is retreating from its peak, remaining below risk support. The price of gold is falling moderately from $3,392, awaiting data on JOLTS job openings in the US. Gold is supported by trade and geopolitical risks: Trump doubled tariffs on metals, increasing pressure on the dollar. The conflict with China has escalated due to allegations of violations of agreements. Focus on US employment: Strong data could support the dollar and limit gold's gains, but the technical picture remains bullish. Resistance levels: 3365, 3391, 3409 Support levels: 3345, 3323 Against the backdrop of a rising dollar, gold may test deeper liquidity zones, such as 3345 and 3330. However, if trading forms between 3365 and 3345, followed by a retest of resistance and consolidation above 3365, this could trigger an early rise to 3391-3409. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
21
Gold (XAU/USD) 1H Analysis – Potential Breakout Play🟡 Gold (XAU/USD) 1H Analysis – Potential Breakout Play 📈 🔎 Key Levels and Zones Resistance Zone: Around $3,410 – $3,430. Midpoint/Key Resistance-Turned-Support: Around $3,360 – $3,370. Support Zone: Around $3,270 – $3,290. 🔀 Chart Structure & Momentum The price is in a short-term bullish recovery after finding strong support at the $3,270 – $3,290 level. The breakout above the midpoint around $3,360 is a significant bullish trigger, suggesting that bulls are taking charge. 📊 Scenario Analysis Bullish Scenario (Primary Bias) 🟢: If the price holds above the midpoint ($3,360), we expect a push towards the resistance zone ($3,410 – $3,430). This aligns with the “resistance-flip-support” concept, where the previous resistance becomes a new support base. Bearish Scenario (Alternate Bias) 🔴: If the price fails to hold above $3,360, a re-test of the support zone ($3,270 – $3,290) is likely. From there, bulls will likely try to defend the area and launch another attempt upwards. 📌 Conclusion The path of least resistance currently favors the bulls while the $3,360 level holds. Watch for consolidation near $3,360 – $3,370 as a healthy retest before potential continuation to the upside target zone ($3,410 – $3,430). 📅 Near-Term Bias Remain cautiously bullish while above $3,360. A confirmed breakout above $3,410 opens room for further bullish momentum, while a breakdown below $3,360 can re-test the key support at $3,270.
OANDA:XAUUSDLong
by VikingFx-Community
Do bulls have enough steam to drive gold higher?A lot of things to consider this week, a lot of data and geopolitical tensions. Will the economic uncertainty and potential bad US jobs data drive TVC:GOLD higher? Let's dig in. FX_IDC:XAUUSD Let us know what you think in the comments below. Thank you. 77.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
MARKETSCOM:GOLD
by Marketscom
8
GOLD Will Grow! Long! Here is our detailed technical review for GOLD. Time Frame: 45m Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 3,357.59. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 3,378.12 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
TRADENATION:XAUUSDLong
by SignalProvider
1
HelenP. I Gold will drop to support level from pennant patternHi folks today I'm prepared for you Gold analytics. The chart started with a strong impulse move upward from the support zone around 3190 - 3205, where buyers stepped in and pushed the price aggressively higher. This bullish momentum continued until the price reached the trend line, which had previously acted as a dynamic resistance. Upon contact with the trend line, the market lost strength and began to compress into a narrowing formation, a classic downward pennant. Within this pennant, the price made several lower highs, suggesting waning bullish power and the buildup of pressure inside a tightening range. Sellers became more active near the resistance zone around 3365 - 3380, and each upward attempt was quickly absorbed. Now the structure shows signs of a potential breakout to the downside. Given this formation and the current price behavior near the upper edge of the pennant, I expect a minor upward movement followed by a sharp breakdown. My goal lies at the 3205 support level, where previous demand emerged. That’s why I remain bearish and see this level as a realistic goal for the next move. If you like my analytics you may support me with your like/comment ❤️ Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
THINKMARKETS:XAUUSDShort
by FirstNameHelen
20
DeGRAM | GOLD above the $3340 level📊 Technical Analysis ● H4 candle has closed above the descending-channel roof and the grey 3 284-3 325 supply, then retested it as support — a breakout-retest pattern that usually precedes trend acceleration. ● Price is now confined in a fresh rising wedge riding the long-term trend-line; the wedge’s 1.618 extension aligns with the next confluence at 3 435 while dynamic support rises toward 3 245. 💡 Fundamental Analysis ● Gold got a tail-wind after US ISM manufacturing fell back into contraction (48.7) as Treasury yields and the DXY slipped, while reports of renewed Chinese central-bank purchases lifted physical demand expectations. ✨ Summary Buy 3 285-3 305; hold above 3 245 targets 3 435, stretch 3 500. Bias invalidated on a 4 h close below 3 245. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
OANDA:XAUUSDLong
by DeGRAM
1
GOLD (XAUUSD): Bullish Continuation Confirmed As we discussed yesterday, Gold managed to break and close above a resistance line of a bullish flag pattern on a daily. It opens a potential for more growth. Our next resistance is 3429. For buying, consider the expanding demand zone based on a broken horizontal resistance and a trend line. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDLong
by VasilyTrader
1