Goldlong
Buy gold, there is a rebound in the short term!Fundamentals:
Focus on US economic data and Fed dynamics;
Technical aspects:
Gold fell below 3290 as expected, and even fell below 3280 beyond expectations. Our short positions also made a lot of money. At present, gold continues to fall to around 3272. Although the short momentum is relatively obvious, it is already close to the recent low support of 3265-3260. I think that before the NFP market, gold may not form a unilateral downward trend, so there are still repeated ups and downs in the short-term trend. Therefore, when approaching the low support area of 3265-3260, we might as well consider short-term long gold.
Trading strategy:
Consider going long gold in the 3275-3265 area, hoping that gold can rebound to the 3285-3295 area.
Wide fluctuations, short at high levels and long at low levelsIn terms of news, we need to pay close attention to the conflict between Russia and Ukraine and the recent conflict between India and Pakistan. Initial jobless claims and PMI data will be released on Thursday, and the unemployment rate and non-farm data for April will be watched on Friday.
Technical side, from the 4-hour analysis, the upper side continues to focus on the short-term suppression of 3320-3330, and further focuses on the suppression of 3345-56. The intraday rebound relies on 3320-3330 to short and continue to fall. The lower support is 3300-3290, and the short-term long-short strength and weakness watershed is 3270-3260. Before the daily level loses this position, continue to see long-short fluctuations, and participate in high-altitude low-multiple cycles. Do not chase orders.
Intraday trading strategy
SELL 3320-3330
TP 3300-3290
BUY 3260-3270
TP 3300-3310
If you agree with this point of view, or you have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
OANDA:XAUUSD FX:XAUUSD FXOPEN:XAUUSD FOREXCOM:XAUUSD TVC:GOLD
Gold key resistance not broken, Continuation of weak shock!📌 Pattern analysis and attention:
📊Technical aspects: The current golden week maintains a range of 3260-3360 fluctuations, showing a weak oscillation pattern of falling first and then rising, but with stronger downward momentum. Technical aspects show that 3360 is a short-term long-short watershed. If it cannot be broken through, it will maintain low-level fluctuations; 3340 is the core key position. If it stands firm, it will turn into a strong oscillation, otherwise it will continue to be weak. The first two days of the week closed below 3320, confirming short-term weakness.
🎯Practical strategy: Short sell when it rebounds to 3320-3325 area, target 3310-3300.
Gold Key Points Summary How to grasp the end of the monthly line📌Fundamentals:
Trade policy easing and dollar rebound
Economic data and Fed policy game
Russia-Ukraine conflict and Middle East situation
📊Technical aspects:
From the 4-hour analysis, the upper side continues to focus on the short-term suppression of the 3328-35 line, focusing on the 3345-56 first-line suppression. During the day, the counterattack relies on this position to continue to bearish and continue to fall. The lower support is around 3290-85, and the short-term long-short strong and weak watershed is the 3260-65 first-line mark. Before the daily level does not fall below this position, we will continue to see long and short shocks, and the high-altitude low-multi cycle will mainly participate.
🎯Practical strategy:
1. Go short when gold rebounds at 3328-35, and cover short positions when it rebounds at 3343-52. Target 3310-3315, and look at 3275-80 if it breaks;
How to position the market after gold falls to around 3280Gold began to fall after rebounding to around 3313, and has now fallen below the important support of 3300. Looking at it now, gold is most likely to be a relay of the decline. The rebound of gold will continue to be bearish. The current 1-hour moving average of gold tends to stick together and diverge downward, and the decline is a bit sharp. If it continues to cross downwards to form a dead cross, then there is still room for gold shorts to fall. It is recommended to wait and see the support of the previous low of 3260. If the support is not broken, then consider going long. In the evening, we need to pay attention to the fluctuations that may be caused by ADP and PCE data.
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OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
Gold Spot (XAU/USD) – Bullish Double Bottom BreakoutHello guys!
Yesterday we got our profit from gold!
It is a new one:
Gold has formed a clear double bottom on the 1H timeframe, accompanied by a bullish divergence—a classic signal of potential reversal. Following the breakout above neckline resistance, the price is currently in a retest phase, revisiting the breakout zone (now turned support).
🔹 Pattern: Double Bottom
🔹 Signal: Bullish Divergence
🔹 Breakout: Confirmed
🔹 Support Zone: ~$3,300–$3,305
🔹 Target: ~$3,375–$3,385
The bullish scenario remains valid as long as the price holds above the support area. A failure to hold may invalidate the setup and lead to further consolidation or decline.
📌 Watch for bullish price action near the retest zone for potential entries.
Gold (XAU/USD) Intraday Buy Setup with High Reward-to-Risk Ratio1. Entry Point Zone: Around 3,271.79 USD
This is identified as a potential buy entry area, marked in purple.
2. Stop Loss: Below the entry point at 3,257.71 USD
Risk management level in case the trade moves against the setup.
3. Target Point One: Between 3,313.75 and 3,317.07 USD
A short-term take-profit level, likely based on previous resistance.
4. Final Target (EA Target Point): Around 3,373.04 USD
A more ambitious take-profit, possibly based on a major resistance level or Fibonacci extension.
5. Trade Range:
Risk: 3,271.79 - 3,257.71 = 14.08 USD
Reward to First Target: ~42 USD
Gold fluctuates and is bearish, waiting for NF
📌 Policy factors
Gold prices (XAU/USD) continued to fall, falling to $3,310 in the current European session on Wednesday, as signs of improved global risk sentiment and easing trade tensions curbed demand for safe-haven assets. Market participants remained cautious ahead of the release of major US economic data, including ADP employment changes, core PCE price index and first quarter GDP preliminary values, all of which are scheduled to be released later today.
It is reported that President Trump suddenly signed an executive order to provide automakers with up to 15% tariff rebates to ease the impact of his auto tariff policy. Even more unexpectedly, US Commerce Secretary Lutnick revealed that a trade agreement had been reached secretly with a certain country. These major changes immediately triggered a strong market reaction.
📊Comment Analysis
Gold price maintains the accumulation range of 3265-3360, temporarily stable and waiting for large fluctuations
💰Strategy Package
🔥Sell gold area: 3368-3370 SL 3375
TP1: $3350
TP2: $3340
TP3: $3330
🔥Buy gold area: $3264-$3262 SL $3257
TP1: $3280
TP2: $3300
TP3: $3318
🔥Buy gold area: $3285-$3283 SL $3280 scalping
TP1: $3290
TP2: $3295
TP3: $3300
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the capital account
- Stop loss is 1-3% of the capital account
(XAU/USD) 1H Chart: Long Setup Targeting 3,500 with Key Support Entry Point: Suggested near 3,301.51 USD (marked with the purple support zone).
Stop Loss Zone: Below 3,266.87 to 3,221.67 USD (marked in blue and purple). This is where you limit your loss if the trade goes wrong.
First Target (Target Point One): 3,376.65 USD.
Final Target (EA Target Point): 3,523.55 USD (~8.26% potential gain from entry).
Main Setup Idea:
The price is consolidating around the support zone.
There's a plan to buy (go long) at the purple zone (Entry Point) and aim for the two target points
Shorting opportunities are coming near 3330 in the US market!
📌 Driving events
Because the easing of US-China trade tensions has weakened gold's safe-haven appeal, while investors are waiting for US economic data to assess the Fed's policy direction. Gold has been in a range recently as the market now waits for details of the first trade agreement, which is expected to be announced this week or next week.
📊Comment analysis
Gold reached a turning point last week, with Trump making some very positive comments, while stagflation risks continued to be excluded, and gold continued to fall. Stagflation pricing has driven gold prices higher, and as the market begins to exclude this risk, it is normal for a correction to occur, especially considering that "long gold" has become one of the most crowded trades.
💰Strategy Package
Short position:
Actively participate around 3330 points, profit target around 3300 points
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
GOLD - XAUUSD 15M Chart - Trading SignalXAU/USD – SCALPING BUY OPPORTUNITY
OANDA:XAUUSD
Direction: BUY Entry: 3320.00
Take Profit 1: 3323.00
Take Profit 2: 3330.00
Take Profit 3: 3340.00
Stop Loss: 3302.00
- Today, we are looking for a scalping opportunity on Gold (XAU/USD) .
The market is currently moving within a tight range, offering quick in-and-out setups. With global economic uncertainty on the rise, Gold remains a preferred asset for investors worldwide. Its role as a safe haven makes it especially attractive during periods of volatility and political tension. Gold as an asset is historically known for its ability to retain value over time, acting as a hedge against inflation, currency fluctuations, and broader market downturns. It is widely traded by both institutional and retail investors for portfolio protection and short-term speculation. In this setup, we are capitalizing on the short-term bullish momentum within the scalping range , targeting successive take profit levels while keeping risk controlled with a stop loss at 3302.00.
XAUUSD Gold analysis from a medium- to long-term perspectiveHello everyone. Today, we are here to determine the long-term direction of the XAUUSD pair. Regardless of any revisions, even if there are rollbacks in Trump-era policies or unexpected developments that are currently not even on the agenda, the ultimate objective remains unchanged: to strategically counterbalance China. The core target is clearly China, and the strategy is to shift both production and the trade balance in favor of the United States.
The factors driving gold prices upward are still strongly tied to global uncertainties, supported by ongoing diplomatic and geopolitical tensions. In a period where the U.S. dollar's role as the world’s reserve currency is being questioned, gold diversification has accelerated—particularly through central bank purchases.
From a psychological perspective, especially when viewed through the eyes of retail investors, I always emphasize this: when gold reaches historical highs, the underlying momentum seen in technical analysis continues to support a bullish direction. Therefore, I believe the upward trend is likely to persist.
XAUUSD Analysis: Gold Awaits a Breakout From Downtrend (H4)Currently, gold ( OANDA:XAUUSD XAUUSD) is trading around 2331. On the H4 timeframe, gold remains in a high-efficiency downtrend. However, the market is awaiting a catalyst to trigger a breakout and escape the current stagnation.
A critical support area to watch is around 3310 - 3312, where we see a clear battle between buyers and sellers, as reflected on the H4 candles. This zone could determine the next move for gold.
XAUUSD Intraday Trading Strategy
SELL XAUUSD Entry: 3368 - 3370
Stoploss: 3378
Take Profit 1: 3360
Take Profit 2: 3355
Take Profit 3: 3350
BUY XAUUSD Entry: 3310 - 3312
Stoploss: 3306
Take Profit 1: 3316
Take Profit 2: 3320
Take Profit 3: 3330
Important Notes
-Always set a Stoploss to protect your capital in all trading situations.
-Prioritize trading upon confirmed signals within the analyzed price zones.
Is gold’s adjustment over? Can we go long?Gold has repeatedly tested the 3260-3270 area to gain support. The short-term gold trend has formed multiple bottom structures, so the short-term gold trend may be over. Currently, gold is mainly long around 3330.
Trading ideas: Buy gold near 3330, stop loss 3320, target 3360
GOLD bulls ready to break higherHere we are looking at the 240/4hr chart. I am seeing price make a push higher from a previously well respected support zone and a possible triangle pattern forming after pushing down from previous highs.
Currently we're waiting for bears to push the price down either to the bottom of the triangle pattern, or breaking out to the highs for entries higher.
Plan for bears is to sell back into the triangle and in current resistance.
Plan here for bulls is to look for entries at a better price breaking this pattern, or into the highs.
3360 neckline is being tested!
📊Comment Analysis
Short-term short positions need to rebound further and confirm the signal before following. After the US market breaks through the 3360 defense point, it is temporarily not possible to continue to be bearish. The US market will first look at the rebound, and then make further arrangements after approaching the 3360 line.
💰Strategy Package
Long positions:
The US market temporarily enters the market to go long when gold falls back to around 3297-3310 US dollars. Target 3340, stop loss 3345.
Gold short-term profit is more fun
🌐 Driving factors
Geopolitical situation: US President Trump's special envoy Witkov held a three-hour meeting with Russian President Putin in Moscow last Friday to discuss the US plan to end the war in Ukraine. The Kremlin said that the positions of the two sides have become closer.
India accused Pakistan of sheltering terrorist organizations, and Pakistan denied it and accused India of instigating separatist activities in Pakistan (such as Balochistan). The situation is difficult to control.
Latest news: Russian President Putin announced on the 28th that a ceasefire will be implemented from 0:00 on May 8 to 0:00 on May 11.
Market bullish sentiment cools down
📊 Commentary analysis
According to the trend of gold in the Asian and European sessions, the trading signals derived from technical analysis have helped many people achieve short-term victories.
🔷 Technical side: For the current gold, the 1-hour chart card fluctuates widely between 3330-3292, and is currently around $3324.
✔Operational suggestions, short-term trading:
US gold operation strategy:
Short strategy: If gold falls back to the range of 3330-3350, you can enter the market to short, target 3270, stop loss 3355
💥Risk warning
Liquidity risk: The market may be bearish in early May, and price fluctuations may be amplified.
Policy black swan: Trump may suddenly change tariff policies or personnel changes at the Federal Reserve, causing violent market fluctuations.
Technical false breakthrough: There are a large number of stop-loss orders near $3350, and you need to be wary of reversals after inducing more.
Summary:
This week, the gold market will be affected by geopolitics, Federal Reserve policies and the trend of the US dollar, and the fluctuation range is expected to be between $3260 and $3350. Investors need to pay close attention to key support and resistance levels and adjust strategies flexibly.
JPMorgan Forecasts Strong 60-90% Growth for Gold Mining JPMorgan Forecasts Strong 60-90% Growth for Gold Mining Sector as Gold Prices Reach Record Highs
Meta Description:
JPMorgan predicts the global gold mining industry will grow by 60% to 90% thanks to record-breaking gold prices, increasing investment demand, and stable production costs. Where are the opportunities for investors?
JPMorgan Forecasts 60-90% Growth for the Gold Mining Industry
According to the latest outlook from leading investment bank JPMorgan, the global gold mining sector is facing an exceptional growth opportunity, expected to rise by 60% to 90% in the near future. This forecast comes amid historic highs in gold prices and a strong surge in gold investment demand.
Rising Gold Prices – The Key Driver for Mining Industry Growth
JPMorgan experts note that gold prices have been setting multiple new records in global markets throughout 2024. The main factors are concerns about inflation, geopolitical instability, and continued monetary easing by major central banks. These conditions have driven investors to seek gold as a safe-haven asset.
Advantages for Gold Mining Companies
JPMorgan believes that gold mining companies will be among the biggest beneficiaries of this uptrend. With production costs remaining stable, gold companies are projected to see significant profit increases—some may even raise dividends for shareholders.
Key factors supporting the gold mining sector include:
Strong increases in international gold prices.
Consistent physical gold demand from central banks.
Growing purchases by both retail and institutional investors
Well-controlled production and mining costs.
Investment Opportunities and Potential Risks
JPMorgan recommends that investors prioritize shares in large gold mining companies with low production costs and strong financial foundations to optimize returns during this gold boom.
However, JPMorgan also warns that the gold mining sector still faces several risks, such as:
High volatility in global gold OANDA:XAUUSD prices.
Rising mining costs if energy prices fluctuate.
Legal and political risks in major gold-producing countries.
Conclusion
With a remarkable growth outlook of 60% to 90% as forecasted by JPMorgan, the gold mining industry is becoming a hotspot for global investment inflows. Still, investors should carefully consider potential risks and select the right gold companies to ensure both safety and effectiveness for their investment portfolios.
Gold double bottom 3262 formed, next week's ladder is bullish
Gold closed with an adjustment K-line on the weekly chart, and the downward rhythm slowed down at the end of Friday. Currently, gold stabilized at 3265, and formed an effective double bottom pattern with the decline and rebound on Wednesday. Can the market achieve an effective breakthrough based on the double bottom structure?
Trading at the beginning of the week continued the idea of oscillating bulls. Gold usually showed a strong upward trend during the Asian session, and the bullish momentum was mostly released before 10 o'clock. This week, gold continued to show a strong sideways or upward pattern before 10 o'clock. If there is no breakthrough during this period, it will turn into an oscillating downward rhythm before the European session. This rule is highly consistent with the recent gold decline cycle. The US market showed a regular trend of "opening weak, stabilizing and rising after 22 o'clock", and this fluctuation feature was verified from Wednesday to Friday.
Next week, focus on initial jobless claims, CPI and non-agricultural employment data. It is recommended to manage positions before the release of major data. The trading logic of the European and American markets continued at the beginning of the week. The reference support in the early trading session was 3300, and 3270/60 was used as the bottom of the range to arrange long orders. If it rises directly at the beginning of the week, the pressure level will focus on the 3380 line. The current long-term bullish pattern has not changed. The double bottom pattern formed on Friday provides support for the step-by-step rise. After an effective breakthrough, it can be expected to rise to the 3550 area.