Gold Pullback or Bounce? Watch This Key LevelOANDA:XAUUSD is currently undergoing a correction after being rejected from the upper boundary of its ascending channel. Price is now approaching the lower edge of the channel, which aligns with a major demand zone. The confluence of the ascending trendline and horizontal demand increases the likelihood of a bullish reaction from this area.
If buyers manage to hold control at this level, we may see a rebound toward the 3,450 level, which corresponds with the upper boundary of the channel. This would be a reasonable target within the current bullish market structure.
However, a failure to hold above this support zone could invalidate the bullish outlook and signal a continuation of the downtrend. Traders should look for confirmation signals such as rejection wicks, rising volume, or bullish engulfing candles before entering long positions.
If you agree with this analysis or have any additional insights, feel free to share your thoughts below!
Goldlong
XAU/USD Bounces Off Strong Support Zone – Bullish MomentumGold (XAU/USD) has shown a strong bounce from the clearly defined support zone around the 3280–3290 level on the 1-hour timeframe. This zone has held multiple times in the past, confirming its significance. Additionally, the 200 EMA (red) is aligned with this horizontal support, creating a strong confluence area. Price action has respected this level, forming a bullish reversal candle setup, indicating potential for upside movement.
Based on this structure, a long (buy) trade can be considered around the 3300–3305 range, ideally after a bullish confirmation candle or price holding above the EMAs. This entry provides an opportunity to ride the next wave upward while maintaining a favorable risk-to-reward ratio.
The stop loss for this trade should be placed just below the support zone—around 3275 USD. Placing the stop slightly below this area protects against fakeouts while still maintaining good risk control. This is a logical level where the setup would be invalidated if breached.
For targets, the first potential resistance and partial profit booking zone is near 3335–3340 USD. This zone acted as resistance during previous price swings. If momentum sustains, the second target zone is around 3360–3370 USD, which marks a previous swing high and a likely destination for bullish continuation. For extended upside potential, traders can aim for 3385+ USD, especially if the price action is supported by volume and broader market sentiment.
This setup offers a clean technical play with a risk-reward ratio of approximately 1:2.5 or higher. Traders can also trail their stop-loss once the price crosses above the first target to protect gains while riding further upside.
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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.
Gold May Face Short-Term Correction at $3,350 Resistance📊 Market Overview:
- Gold is trading around $3,329/oz on May 27, after a slight decline due to President Donald Trump's postponement of the 50% tariffs on the EU until July 9, easing trade tensions.
- However, end-of-month USD selling pressure from portfolio rebalancing and concerns over U.S. debt continue to support gold prices.
📉 Technical Analysis:
- Key Resistance: $3,350
- Nearest Support: $3,295
- Candlestick Patterns / Volume / Momentum: The 14-day RSI is at 57, suggesting bullish momentum persists. However, price is testing strong resistance at $3,350. Failure to break through may lead to a pullback towards $3,295.
📌 Outlook:
Gold may experience a short-term pullback if it fails to break above the $3,350 resistance level and if market sentiment continues to be influenced by geopolitical and monetary policy factors.
💡 Suggested Trading Strategy:
SELL XAU/USD at: $3,345 – $3,350
🎯 TP: $3,330
❌ SL: $3,350
BUY XAU/USD at: $3,295
🎯 TP: $3,310
❌ SL: $3,390
XAUUAD UPDATE : 27 - 5 - 2025The chart you've shared is a 1-hour candlestick chart of Gold (XAU/USD), showing a technical analysis with support and resistance zones, along with a projected bearish movement. Here's a detailed breakdown:
Key Observations:
1. Current Price Level:
Gold is trading around $3,322.79, slightly below a key resistance zone.
2. Resistance Zone (Top Yellow Box):
The resistance area is marked between approximately $3,360 and $3,372.
Price has previously been rejected from this zone, indicating strong selling pressure.
3. Support Zones:
Middle support zone around $3,280 – minor support where price might temporarily bounce.
Bottom support zone around $3,211.90 – strong support and likely target zone for the projected move.
4. Bearish Projection (Blue Arrows):
The analysis anticipates a potential minor retracement or consolidation, followed by a sharp move downward.
Final target appears to be just above $3,211, suggesting a potential short trade setup.
5. Volume Analysis:
Volume spikes correlate with major price movements, showing increased participation in those zones.
Possible Interpretation:
This chart suggests a bearish outlook for gold in the short term.
A trader might consider a short position if price fails to reclaim the resistance zone and confirms a break below the minor support near $3,280.
Risk management would likely involve placing a stop above the resistance zone ($3,360–$3,372), and taking profit near the $3,211 support area.
Would you like help creating a trading plan based on this chart?
Gold bulls advance as expected Mainly go long on pullback.Today, gold opened lower and fell, reaching the lowest level of 3331. Then the bulls exerted their strength, reaching the highest level of 3356 and then adjusted back. The overall trend was highly consistent with the expected judgment. Looking back at the market last week, the technical side of gold continued the bullish pattern, and the oscillating upward trend was significant. From the daily level, the price repeatedly tested around the 3200 mark at the beginning of the week, and finally stabilized successfully, laying a solid foundation for the bull market. On Friday, it was supported by the 3280 mark, continuing the strong oscillating upward trend, forming a reverse middle Yang pattern, and the daily K line closed with an oscillating upward break of the middle Yang, fully demonstrating the short-term bullish pattern of gold prices, and bullish expectations continued to heat up.
Based on the current gold trend analysis, the focus below is on the 3330-3320 range support, and the focus above is on the 3380-3400 resistance. In terms of overall strategy, the bullish thinking is maintained before breaking 3320 to avoid blindly guessing the top.
Bitcoin vs. Gold: Central Banks Pick Gold (Here's Why)
The debate over the ultimate store of value has been reignited in the digital age. For centuries, gold, the immutable yellow metal, has been the bedrock of wealth preservation, the trusted haven in times of turmoil, and a core component of central bank reserves. In the last decade, a new contender has emerged: Bitcoin, the pioneering cryptocurrency, often touted as "digital gold." Yet, as the dust settles on initial exuberance and institutional scrutiny intensifies, a clear preference is emerging from the world's most conservative financial institutions. Central banks, the guardians of national wealth and financial stability, are overwhelmingly demonstrating their continued faith in gold, signaling that when it comes to the ultimate safe reserve, tradition and tangibility still trump technological novelty.
The evidence for this preference is not merely anecdotal; it's etched in the consistent and accelerating trend of global gold accumulation by these institutions. In recent years, central banks have been on a gold buying spree, a phenomenon driven by a confluence of potent global factors. The shifting geopolitical landscape, characterized by increased tensions, trade disputes, and a move towards a more multipolar world, has spurred a desire for assets that are not tied to any single nation's political or economic fortunes. Policies emanating from major economic powers, including periods of heightened trade protectionism and shifting global alliances, have historically fanned uncertainty, prompting a flight to assets perceived as universally valuable and politically neutral – a role gold has fulfilled for millennia.
Furthermore, concerns over the long-term value of major fiat currencies, particularly the U.S. dollar which has long dominated global reserves, are playing a significant role. Persistent fiscal deficits, expanding sovereign debt levels, and unprecedented monetary stimulus measures in various countries have led to an undercurrent of apprehension about potential currency devaluation. In such an environment, central banks are actively seeking to diversify their holdings and hedge against the erosion of purchasing power. Gold, with its intrinsic value and finite supply, offers a compelling alternative to holding ever-increasing amounts of fiat currency, whose value can be diluted by policy decisions. This strategic de-dollarization, or at least a diversification away from dollar-centric reserves, sees gold as a primary beneficiary. It is a tangible asset that sits outside the traditional financial system, offering a layer of insulation from the counterparty risks inherent in holding other nations' currencies or debt.
In stark contrast to this institutional embrace of gold stands Bitcoin. While proponents champion its decentralized nature, its mathematically enforced scarcity, and its potential as an inflation hedge, its inherent characteristics currently make it a challenging proposition for central bank reserves. The most glaring issue is its extreme volatility. Bitcoin's price history is a rollercoaster of meteoric rises and precipitous falls. For an individual retail investor, this volatility might be a tolerable, even attractive, risk in pursuit of outsized returns. However, for a central bank, whose primary mandate includes capital preservation and maintaining financial stability, such wild price swings are anathema. Reserve assets must be relatively stable, liquid, and dependable. Bitcoin, in its current state, struggles to meet these criteria consistently. A significant allocation to Bitcoin could expose a nation's reserves to sudden and substantial losses, undermining public trust and potentially destabilizing its financial position.
This volatility poses a tangible risk, not just theoretically, but as observed in the experiences of investors globally, including those in the U.S. While some have reaped fortunes, many others have faced considerable losses due to ill-timed investments or the market's unpredictable nature. Institutional investors, including those in the U.S., while showing increasing interest in Bitcoin as a speculative asset class or a small part of a diversified portfolio, still largely treat it with caution. The kind of deep, unwavering institutional trust that gold commands – built over centuries of proven performance as a store of value and a crisis hedge – has yet to be earned by Bitcoin. Gold’s market is deep, liquid, and well-understood, with established clearing and settlement mechanisms. Bitcoin's market infrastructure, while maturing, is still relatively nascent and fragmented compared to the centuries-old gold market.
Beyond volatility, other factors hinder Bitcoin's adoption as a mainstream reserve asset for central banks. Regulatory uncertainty remains a significant hurdle. The global regulatory landscape for cryptocurrencies is a patchwork of differing approaches, with some nations embracing innovation while others impose strict controls or outright bans. For central banks, which operate within stringent legal and regulatory frameworks, this lack of global consensus and clarity is a major deterrent. The operational risks associated with custody and security of digital assets at a sovereign scale are also non-trivial. While blockchain technology is inherently secure, managing private keys for billions of dollars' worth of Bitcoin requires sophisticated and untested protocols for institutions of this nature.
Furthermore, the narrative of Bitcoin as "digital gold" sometimes overlooks fundamental differences. Gold is a physical commodity with diverse industrial and cultural uses, providing a baseline of demand beyond its monetary role. It is universally recognized and accepted, transcending technological barriers. Bitcoin’s value is derived primarily from its network effects, its code, and investor belief in its future utility and adoption. While powerful, these are different underpinnings than the tangible reality of physical gold bullion held in a central bank's vault.
The actions of central banks speak volumes. While a handful of smaller nations or entities might experiment with Bitcoin, the overwhelming majority of major central banks, those that collectively manage the bulk of global reserves, have either remained silent on Bitcoin or have issued cautious warnings, all while steadily increasing their physical gold holdings. This isn't to say that Bitcoin has no future role or value. It may well continue to evolve as a speculative asset, a niche store of value for some, or a technology platform for new financial applications. However, the idea that it is poised to usurp gold's position in the vaults of central banks appears premature, if not fundamentally misguided, given its current attributes.
In conclusion, the debate between Bitcoin and gold as the preferred store of value and reserve asset has a clear, if perhaps unexciting, winner in the eyes of the world's central banks. Faced with geopolitical instability, the specter of dollar devaluation, and the enduring need for reliable safe-haven assets, these institutions are doubling down on gold. Its long history, proven stability, tangibility, and lack of counterparty risk resonate deeply with their conservative mandates. Bitcoin's volatility, regulatory ambiguity, and operational complexities, while potentially surmountable in the distant future, currently render it unsuitable for the core reserve holdings of nations. While U.S. investors and others may grapple with Bitcoin's risk-reward profile, central banks have largely made their choice, and that choice, for now and the foreseeable future, remains firmly with the ancient, trusted allure of gold.
Gold Pulls Back Slightly from Highs📊 Market Overview:
Gold (XAU/USD) slightly retreated to around $3,325/oz during the May 26 session, after reaching a two-week high of $3,365. The main reason was the increased investor risk appetite after U.S. President Donald Trump postponed a plan to impose 50% tariffs on EU goods, reducing safe-haven demand for gold.
However, the long-term bullish trend remains supported by a weakening U.S. dollar and expectations of interest rate cuts from major central banks.
📉 Technical Analysis:
• Key Resistance: $3,350 – $3,365
• Nearest Support: $3,325 – $3,285
• EMA: Price remains above the EMA50, indicating a sustained uptrend.
• RSI Indicator: Near 50, giving a neutral signal.
• MACD: Slight bullish signal.
• ADX: 36.998, indicating a strong upward trend.
• Price Pattern: Price is fluctuating within the $3,200 – $3,500 range, with the EMA50 at $3,200 acting as strong support.
📌 Outlook:
Gold may continue to experience a slight short-term correction if market risk appetite remains elevated. However, the long-term uptrend is still supported by a weak USD and expectations of rate cuts.
💡 Suggested Trading Strategy:
🔻 SELL XAU/USD at: $3,350 – $3,365
🎯 TP: $3,300
❌ SL: $3,380
Gold retreats to 3330 and continues to rise
Gold prices retreated from a two-week high of $3,365 an ounce hit last Friday. Despite the pullback, the bullish potential remains intact. Any decline in gold prices appears limited as U.S. fiscal concerns and escalating geopolitical tensions will continue to drive safe-haven demand for gold. Looking ahead to this trading day, gold prices may see a limited correction, but with the U.S. market closed on Monday to commemorate Memorial Day, the thin trading environment may amplify gold price fluctuations.
Why did gold prices plummet and soar in May?
Why did the price of gold plummet: First, the high-level trade talks between China and the United States reached an agreement, and bilateral tariffs dropped significantly, driving the market's risk appetite to rebound rapidly; second, although the U.S. CPI inflation rate in April was lower than expected, the Fed officials' statements were still cautious, hitting the market's expectations of interest rate cuts and also putting some pressure on gold prices. Finally, the rapid rise in gold prices in the previous period triggered technical adjustments, and the market took profits, which also pushed gold prices down.
Why did it rise: First, the unexpected intensification of the situation in the Middle East became a short-term flash point. Intelligence released by the United States shows that Israel may be preparing to launch a strike on Iran's nuclear facilities. The risk of escalating geopolitical conflicts is the main reason for the upward trend in gold prices. Secondly, Trump's additional tariffs and Moody's downgraded the US sovereign credit rating from the highest level Aaa to Aa1 on May 16. This move has led to a decline in market confidence in US debt, which in turn provides support for the rise in gold prices.
Views on today's gold trend!
The gold daily level closed again with a positive line, injecting new vitality into last week's trading space. The two rounds of rise not only successfully crossed the resistance level of 3250 last Monday, but also further broke through the suppression of 3320, showing a clearer upward trend. The current shock is a correction after the previous high point breakthrough! However, the short-term shock is also carried out simultaneously. The pressure of the 3370 area tested several times on Friday failed to break through effectively and continued to encounter resistance, indicating that the current pressure is still relatively strong!
From the 4-hour chart, the gold bulls are still well-positioned. Currently, it is facing resistance at 3370 near the previous high. Due to the overstretching of the bulls in the previous period, it often needs a period of adjustment. However, if further news is stimulated this week, there is still a possibility that gold will rise sharply. The key is to look at the trend of the early trading. Therefore, when betting on strength and weakness, the timing is very important. This week is expected to continue to maintain a volatile upward pattern, and the callback market can be captured. The resistance is 3370 and the support is at 3320.
Gold: Long near 3330, defense 20, target 3370 resistance
12 years of crypto market research, the latest gold forecast anaFrom a fundamental perspective, the current price performance of gold is driven by many factors. Secondly, geopolitical risks remain a long-term support factor for gold prices. Although Trump postponed tariff measures against the European Union, his tariff remarks still brought uncertainty to the market, and some investors chose to hold gold to hedge potential risks.
From a technical perspective, the short-term decline in gold prices has not changed its overall bullish pattern. It shows that the bullish momentum is still strong. Retreating to the 3325 support, this area is not only a dynamic support for recent prices, but also coincides with the 200-period simple moving average (SMA) on the 4-hour chart, forming a key technical support level. If it falls below the 3324 trend line support, it may further test the 3300 integer mark, or even step back to the 200-period SMA near 3283. The latter is regarded as a key trend watershed, and a break below it may trigger technical selling and increase short-term downward pressure. If gold prices can hold the current support and resume their upward trend, the recent high of 3366 will become the first resistance level. After breaking through this level, gold prices may re-challenge the resistance level of $3372-3387, and further resistance is in the 3410-3430 area. Overall, the bullish trend of gold has not changed, and a short-term correction may provide an opportunity for the market to re-position. Investors need to pay close attention to this week's macro data and geopolitical dynamics to grasp the potential fluctuation direction of gold prices. CAPITALCOM:GOLD OANDA:XAUUSD FOREXCOM:XAUUSD ICMARKETS:XAUUSD FX:XAUUSD
Is Gold’s Recovery Pausing or Gaining Momentum?Macro approach:
- Gold rebounded sharply from mid-May lows, fueled by renewed safe-haven demand following Moody’s downgrade of the US credit rating.
- However, the rally lost momentum near a two-week high as profit-taking and easing US-EU trade tensions cooled demand.
- Longer-term fundamentals remain supportive, with persistent central bank buying, particularly from China, underpinning bullish sentiment.
Technical approach:
- Technically, XAUUSD broke above its descending channel and retested the breakout. The price remains range-bound between 3285 and 3560, and we await a clear breakout.
- Closing above 3560 could open to 3430.
- On the contrary, a break below 3285 risks a decline toward 3135.
Analysis by: Dat Tong, Senior Financial Markets Strategist at Exness
3300 becomes the dividing line between long and short positions🗞News side:
1. The situation in the Middle East and between Russia and Ukraine has escalated again
2. Pay attention to the opening of US stocks today
📈Technical aspects:
Good morning, bros. Gold is currently testing the important support of 3300. Once it falls below 3300, it can be officially confirmed that the correction trend is coming. Today's opening of the U.S. stock market is critical. If the U.S. stock market opens higher, it is very likely to pull down gold prices. The stable operation suggestion for the day is to go long when it retreats to 3295-3290, and then rely on the upper side of the previous low point for protection, that is, look at the vicinity of 3325-3330. If it encounters resistance and pressure near 3330-3340, you can consider entering a short position and continue to be bearish. At present, the first focus below is the support of 3290-3280. If it continues to fall, it may touch the 3266 line.
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 TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD
Just continue to maintain the bullish idea of high-altitude an
On Monday, gold closed slightly lower as Trump's comments on EU tariffs boosted market risk appetite. Today, it retreated and rose in the morning and now fell below our early long position again. In the short term, gold has lost its positive momentum, but it is impossible to fall more sharply. As investors weigh the prospects of improved trade relations between the United States and the European Union, the demand for safe-haven assets has cooled, and gold prices have maintained a downward trend.
Today's risk data warning!
At 20:30 today, the initial value of US durable goods orders in April will be released, and the monthly rate is expected to fall by 7.9%, after an increase of 9.2% in March
At 22:00 today, the US Conference Board Consumer Confidence Index for May will be released, and it is expected to be 87.2, and the previous value is 86.0.
Views on the trend of gold in the European session!
Gold rose and then fell yesterday, and the final rebound stopped at 3365. The trend is in line with our trend of volatility. As for today's market decline and break, it is a normal market! In addition, it has not broken through 3370 and has been under pressure, and the decline continued in the morning today. Since the support position of 3300 is close to the bottom, it is not appropriate to chase the short position!
In terms of trend, gold lacks the upward momentum at the 4-hour level, and the market falls after the upper resistance. This week's market has been maintained in the small range of 3330 and 3370. It is inevitable that the breakout will accelerate. At present, the bulls are under pressure. Unlike last week's continuous rise, this week has a bit of weak volatility. Then we continue to maintain the high-altitude bearish and low-level bullish ideas unchanged!
Gold: Enter long orders near 3290, defend 80, and target 3325-30! Continue to follow up with short orders above 3340, defend 50, and target 3300-05!
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Gold expected trading signal, 3300 brokenDue to the continuous rebound of the US dollar index, gold began to retreat rapidly in the short term. Henry analysis believes that 3300 in the short term cannot be effectively used as a support condition. Further attention is paid to the short-term support of 3286-3262 area below 3300. You can buy long in the support area. If the rebound reaches 3315-3326, trade short. The target is 3290-9280.
Geopolitical situation continues to escalate, gold shines1. The geopolitical powder keg of Russia and Ukraine continues to detonate gold prices
According to Refinitiv, US President Trump's latest statement called Russian President Putin "completely crazy" and considered imposing new sanctions on Moscow. This remark is like pouring a bucket of oil on the already tense situation between Russia and Ukraine. Russia launched large-scale air strikes on Ukraine for three consecutive nights, including launching 355 drones and 9 cruise missiles in a single day, setting a record since the war. This military escalation directly stimulated safe-haven demand, so that gold prices always get strong support when they fall.
2. The weak dollar and the extension of tariffs constitute a double support
The US dollar index fell to a four-week low of 99.69 on Monday, providing natural support for gold denominated in US dollars. More importantly, Trump suddenly postponed his threat to impose a 50% tariff on EU goods, extending the deadline from June 1 to July 9. Although this policy turnaround temporarily suppressed risk aversion, it suggested that the US-EU trade dispute is far from over.
3. The rise of the euro hides new opportunities for gold.
The speech of European Central Bank President Lagarde on the "Global Euro Moment" may be underestimated by the market. She clearly stated that if the financial security architecture of the euro zone is strengthened, the euro may become a substitute for the US dollar. If this trend of de-dollarization continues, it will shake the existing monetary system, and the value of gold as a non-sovereign credit asset will be revalued.
4. The shadow of the nuclear crisis looms over the market.
Iran has made a tough statement that it will "never give in on uranium enrichment activities". The fierce differences between Israeli Prime Minister Netanyahu and Trump on the Iranian issue have been exposed. In addition, the Hamas ceasefire plan has fallen into a Rashomon. The global geopolitical powder keg of the Middle East may explode at any time. This structural risk is difficult to eliminate through short-term negotiations, providing long-term support for gold.
Key signals of gold technical aspects and capital flows
From the disk, the gold price has formed a strong support near $3,320, and each downward exploration can attract a large number of buyers to intervene. The $3,340-3,350 range has become the focus of the battle between long and short positions. Breaking through this area may open up new upward space. It is worth noting that despite the sluggish trading caused by the closure of the U.S. stock market, the rebound of the European stock market did not significantly weaken the attractiveness of gold, indicating that the current market's risk aversion demand is quite deep and persistent.
The gold market is standing at the intersection of multiple driving forces: in the short term, the situation between Russia and Ukraine and the progress of the U.S.-EU trade negotiations will dominate the fluctuations; in the medium term, the currency game between the U.S. dollar and the euro and the evolution of the Middle East nuclear crisis will determine the direction; in the long term, the global de-dollarization process and the reconstruction of the geopolitical landscape may bring about a greater revaluation of gold. For investors, the position above $3,300 may only be the starting point of a new round of market conditions, and any pullback may become a good opportunity for layout. In this era full of uncertainty, the light of gold will only become more dazzling. CAPITALCOM:GOLD OANDA:XAUUSD FOREXCOM:XAUUSD ICMARKETS:XAUUSD FX:XAUUSD EIGHTCAP:XAUUSD
SPX Buy Limit Active | High Precision Scalping Setup The market recently dipped below the local swing low, hitting a clearly defined demand zone on the 15-minute chart. This movement suggests that smart money might be accumulating, which could signal a potential reversal or a short-term retracement.
We’ve set a Buy Limit at 3334.63, based on solid price action and previous reactions at this level. Right now, the price is consolidating around our entry point, which boosts the likelihood of a bullish confirmation.
🔍 Entry Logic & Market Structure:
Liquidity Sweep: The lower wicks indicate a liquidity grab beneath the previous lows.
Order Block Zone: This demand zone was created by the last down candle before a significant upward move.
Imbalance Above: There’s a clear inefficiency visible between 3336.00 and 3340.00.
RR Justification: This trade offers a Risk-to-Reward ratio of 1:2+ with a tight stop loss.
🧠 Trade Details:
Buy Limit: 3334.63
Stop Loss: 3331.32
Take Profit: 3340.35
Risk-to-Reward: ~1:2.2
Timeframe: 15M
Trade Type: Intraday Reversal / Imbalance Fill
🔔 Execution Plan:
Wait for a bullish candle to close near the zone for confirmation (if you’re trading manually). If you’re using limit orders, make sure to manage your risk properly.
This setup stays valid unless the price drops below 3331.00 and closes with bearish momentum on the 15-minute chart.
GOLD M15 Intraday Chart For 26 May 2025GOLD M15 Intraday Chart just posted as you can see that there are important zone
right now market is in range so you can do couple of scalping trades in Support & Resistance range
furthermore there are 2 breakout scenarios mentioned, kindly check carefully then trade
Remember Trade always with SL