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GOLD/USD – Bullish Reversal Pattern FormingGOLD/USD – Bullish Reversal Pattern Forming 🟢📈 📊 Chart Analysis: The chart shows a strong Inverse Head and Shoulders pattern forming, which is a classic bullish reversal signal: 🔹 Left Shoulder and Right Shoulder – Marked with orange circles, both found support near the 3,263 level (purple line), suggesting strong buying interest at this zone. 🔹 Head – The lowest point in between the shoulders, also bouncing from support. 🔹 Resistance Zone – Marked with red arrows around 3,500–3,520. This zone has rejected price action multiple times in the past. 🔹 Support Zone – Marked below 3,200, where previous consolidation and buying took place. 📈 Projected Move: The neckline breakout suggests a potential move toward the 3,520+ level. A minor pullback is expected before continuation. If price breaks above resistance, we could see a strong bullish rally. 📌 Key Levels: Support: 3,263 🟩 Resistance: 3,500–3,520 🟥 Potential Target After Breakout: 3,550+ 🎯 ✅ Bias: Bullish above 3,263 support ⚠️ Invalidation: A break below the neckline would cancel the bullish setup
TVC:GOLDLong
by MrStellanSight
4
XUA/USD) Bullish trand support level Read The captionSMC trading point update Technical analysis of (XAU/USD) on the 30-minute timeframe, incorporating a support zone and trendline confluence strategy. Here's a breakdown --- Analysis Summary Key Technical Elements: 1. Uptrend Channel: Price is trading within a rising channel. Higher highs and higher lows indicate bullish momentum. 2. Support Zones: Key Support Level (near 3,400): A horizontal support zone has been marked where price previously bounced (confirmed by green arrows). Trendline Support: This upward sloping trendline adds confluence to the horizontal support zone. 3. EMA 200 (3,377.96): Acts as a dynamic support level. Price is well above the EMA, supporting bullish sentiment. 4. Projected Price Move: The chart anticipates a dip back to the support area (~3,400), followed by a bullish bounce. Target is clearly defined at 3,504.01, with a measured move of about +103.36 points from the support. 5. RSI Indicator: RSI is around 57, which is neutral to slightly bullish. No overbought/oversold signal yet – supporting potential for more upside. --- Bullish Bias Reasoning: Confluence Zone: Horizontal + trendline + EMA 200. Healthy Price Structure: Higher lows being maintained. Momentum Indicator (RSI) supports continuation. --- Risks / Considerations: If price breaks below the confluence support (~3,400), bullish invalidation may occur. Monitor for false breakouts or heavy selling pressure near resistance. Mr SMC Trading point --- Trading Plan Buy Zone: Around 3,400 (support confluence). SL: Below the trendline/EMA – e.g., 3,370 or lower. TP: Around 3,504 (target zone marked). Please support boost this analysis)
FX:XAUUSDLong
by SMC-Trading-Point
4
GOLD/USD Bullish Breakout PotentialGOLD/USD Bullish Breakout Potential 🚀📈 🔍 Chart Analysis (June 15, 2025): The GOLD/USD price action shows strong bullish momentum after a successful breakout above the previous resistance zone (now turned support) around $3,400. This level had previously acted as a key resistance multiple times (evidenced by the price rejection in early June), but has now been flipped into a support zone. The chart highlights two major elements: 📌 Key Highlights: ✅ Support Zone: The $3,390–$3,410 range is now a confirmed support area after price broke above and retested it. This zone was previously tested multiple times (marked by arrows) and is expected to act as a launchpad for further upside. 🎯 Target Point: The projected bullish target lies in the $3,610–$3,640 range. This level has been highlighted as a potential area where price might face resistance again. 📈 Bullish Projection: A bullish continuation is expected if the price remains above the $3,400 level. The chart suggests a possible pullback to support before continuation towards the target zone. ⚠️ Technical Outlook: As long as price holds above support, the bias remains bullish. A drop below $3,390 would invalidate this bullish scenario and call for reassessment. Conservative entry may wait for a confirmed bounce from support. 🔮 Summary: Bullish bias is active for GOLD/USD with a short-term target around $3,620. Watch the $3,400 support closely for confirmation of the upward momentum.
TVC:GOLDShort
by MrStellanSight
1
GOLD/USD Bullish Breakout ConfirmationGOLD/USD Bullish Breakout Confirmation 🚀📈 📊 Technical Analysis Overview: The chart illustrates a bullish breakout above a well-defined resistance zone around $3,390–$3,400. Price action has decisively closed above this resistance, suggesting strong bullish momentum. 🔍 Key Observations: 🟦 Support Zone: Marked clearly between $3,250–$3,280, this level has held firm multiple times (highlighted with green arrows and orange circles), confirming buyer interest and market structure. 🟦 Resistance Turned Support: The previous resistance zone around $3,390–$3,400 has now potentially turned into a new support. Price retesting this zone and holding would further validate the breakout. 📈 Future Projections: The chart anticipates a retest-pullback-continuation scenario: Pullback to new support 📉 Bullish continuation toward $3,460+ 🎯 if support holds. ✅ Bias: Bullish as long as price remains above the $3,390 zone. Break and hold below would invalidate the bullish setup. 📌 Strategy Tip: Look for confirmation on the lower timeframes (e.g., bullish engulfing or pin bar) on the retest before entering long.
TVC:GOLDLong
by MrStellanSight
Gold price fluctuates again, layout in the evening📰 Impact of news: 1. Initial jobless claims data favors bulls 📈 Market analysis: The high of 3392 in the US market fell back for the first time to test the 3377 area to stop the decline and then tried again but failed to break through the 3400 integer mark. It can be seen that this position is very suppressed. The top and bottom conversion of 3377 has become the watershed for bulls to defend in the future market. 3400 is the short-term key pressure and the closing line has a long upper shadow K. If 3377 is lost, the price will fluctuate again. In the short term, focus on the 3390-3400 resistance on the upside and the 3377-3365 support on the downside. 🏅 Trading strategies: SELL 3385-3395 TP 3370-3360 BUY 3365-3360 TP 3390-3400 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
GOLD PRICE ACTION ANALYSIS – June 11, 2025 GOLD PRICE ACTION ANALYSIS – June 11, 2025 🟡 Technical Breakdown & Bearish Scenario Ahead ⚠️📉 🔍 Overview: The chart presents a clear range-bound structure with strong horizontal resistance around the $3,400–$3,420 zone and support around the $3,120–$3,160 level. Price is currently trading near the upper range of the consolidation. 📊 Key Technical Levels: 🔴 Resistance Zone: $3,400 – $3,420 ➤ Price has been rejected here multiple times (highlighted by red arrows and orange circles), showing strong supply pressure. 🟣 Intermediate Support: $3,260.618 ➤ This level acted as a minor support and could be tested again if the current pullback deepens. 🟤 Major Support Zone: $3,120 – $3,160 ➤ A key demand area where price previously bounced significantly. 📉 Bearish Setup: A potential lower high is forming just below the resistance zone. The projected path suggests a minor pullback to form a bearish retest, followed by a potential breakdown below $3,260. If the $3,260 support is broken decisively, further downside toward the $3,120–$3,160 support is likely (blue arrow projection). 🔄 Bullish Scenario (Invalidation): A breakout and strong close above $3,420 could invalidate the bearish structure. In that case, price might attempt to target higher resistance levels beyond $3,440. 📌 Conclusion: Gold remains in a range with a bearish bias unless the $3,420 resistance is breached. 🔽 Watch for confirmation below $3,260 for bearish continuation. ✅ For bulls, wait for a strong breakout above resistance with volume.
TVC:GOLDShort
by MrStellanSight
Gold rises and then falls, short at 3330📰 Impact of news: 1. Geopolitical situation 2. Impact of the US dollar trend on gold 📈 Market analysis: Gold rebounded again after falling to 3301, but the upper 3330-3340 line still has strong suppression on gold. Judging from the current trend, because the gold price has risen in the short term and returned to the 3325-3327 line, the short-term resistance is still 3330-3335 and it is expected to fall under pressure. Look for the 3315-3310 position. If it falls below this support, look down to the 3300-3290 line. 🏅 Trading strategies: SELL 3330-3340 TP 3315-3310-3300 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:XAUUSDShort
by AllenBoswell-2
Evening gold trend analysis and operation layout📰 Impact of news: 1. The streets of Los Angeles are full of "gunpowder smell"! Immigration protests escalate, and Trump sends troops to suppress them 2. Geopolitical situation 3. Federal Reserve political expectations 📈 Market analysis: Gold rebounded as expected and touched the 3330 line. In the short term we need to pay attention to the 3335 line. On the one hand, it is the top and bottom, and on the other hand, the annual average line is also the pressure point of the upper track of the downward channel. Once it is suppressed below 3335, it will continue to fluctuate downward. If it unexpectedly breaks through 3335 or even 3340, then 3293 is likely to become the short-term bottom. At present, the rise has slowed down after rising to 3330, and the technical side shows a top divergence signal, so in the short term, we still maintain the idea of ​​shorting at a high level of fluctuation. 🏅 Trading strategies: SELL 3335-3345-3355 TP 3310-3300 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:XAUUSDShort
by AllenBoswell-2
Gold rebound is difficult to change the current weakness Gold prices have risen strongly in 2025 and continue to hit new highs. It is worth noting that gold prices have risen by more than 25% so far this year, but have recently retreated as the latest US non-farm payrolls report showed continued strength in the labor market. At the same time, the rebound in gold prices in 2025 was largely driven by uncertainty over Sino-US trade tensions and broader geopolitical risks, which led to sharp stock market fluctuations. However, a call between the leaders of China and the United States last Friday eased concerns about the trade war, causing gold prices to extend their decline. Although underlying concerns remain, the call briefly calmed investors' nerves. Views on today's gold trend The European session continued to retreat and the lowest price reached 3293, then slowly strengthened. The current highest price reached 3328, which is still a little short of our expected highest price of 3330. Therefore, today's strategy does not need to be changed for the time being. If the current market price reaches 3330-35 again, short orders can still be entered. The current trend is still weak, and there is a high probability that it will fall for the second time. Therefore, the current idea of ​​shorting on pullback remains unchanged for the time being. Gold: short at 3330-3335 on rebound, defend above 40, and target 3290-3280
FXOPEN:XAUUSDShort
by Yuliya1l11
Gold weakness continues, bears continue to exert force📰 Impact of news: 1. The streets of Los Angeles are full of "gunpowder smell"! Immigration protests escalate, and Trump sends troops to suppress them 2. Geopolitical situation 3. Federal Reserve political expectations 📈 Market analysis: At present, the hourly moving average of gold price is spreading downward. At the same time, the 4H chart has retreated from a high and lost the middle track, breaking through the rising trend line. The low point of the trend line coincides with the middle track. Today's operation uses the low point of 3330-3335 as the critical point of strength and weakness. If the market rebounds below this range, you can just go bearish. If it breaks through this dividing point, you need to be cautious. On the whole, the recommended short-term operation strategy for gold today is to mainly short on rebound. Focus on the resistance of 3330-3340 on the upper side in the short term, and focus on the support of 3290-3280 on the lower side in the short term. The market fluctuates greatly, and stop loss is strictly controlled! 🏅 Trading strategies: SELL 3325-3335 TP 3300-3290-3280 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:XAUUSDShort
by AllenBoswell-2
Analysis of gold price trend next week!Market news: This week (June 2 to June 6), the spot gold market has become more volatile due to the interweaving of multiple factors. Spot gold prices fell more than 1% on Friday due to the impact of strong US employment data, but still recorded a 0.8% increase for the whole week, showing the game between safe-haven demand and the strengthening of the US dollar. The trade uncertainty caused by Trump's tariff policy, the continued increase in international gold holdings by global central banks, and the tense geopolitical situation provide support for London gold prices, while the solid US employment data pushed up US Treasury yields, weakened the Fed's expectations of rate cuts, and put pressure on international gold prices. The market continues to pay attention to geopolitical risks and trade uncertainties. Silver performed even better, hitting its highest level since 2012, and platinum and palladium also recorded weekly gains. The precious metals market as a whole was driven by speculative funds. The market's uncertainty about the Trump administration's steel and aluminum tariffs and fiscal policies has driven global central banks to increase their gold holdings. And the cautious attitude of Federal Reserve officials towards rate cuts is beneficial to long-term demand for gold. Next week, the US CPI data and the progress of trade negotiations will become the focus of the market. If inflationary pressure rises, it may further push up US bond yields and put pressure on gold prices; if the data is soft, it may rekindle expectations of interest rate cuts, which is good for gold. In addition, the progress of trade negotiations and geopolitical risks such as the conflict between Russia and Ukraine will continue to affect market sentiment. Technical Review: From the perspective of this week's market, the high-rise and fall-down trend continued, and the low point was refreshed. The signal that gold is heading towards an extremely weak pattern is getting stronger and stronger, and selling has the capital to pierce 3300. From a technical perspective, on the weekly chart, this week's high-rise and fall closed with an inverted head, and the MACD indicator showed signs of a dead cross downward at a high level. The current pattern is conducive to continued selling!     On the daily chart, two consecutive negative lines on the daily chart caused the price to run below the short-term moving average, and led to a downward trend near the 10-day moving average of 3330. The 5-day moving average also followed closely at around 3355. In addition, the upward momentum of other periodic indicators weakened, and the MACD indicator showed a dead cross downward pattern, so the daily chart should tend to be short. However, one thing is worth noting, that is, after the gold price rebounded at 3307 on Friday, the middle track of the Bollinger Band has moved up, which means that the buying defense has been strengthened. Therefore, while the daily line is biased towards selling, we must also pay attention to the strength of the bulls' counterattack. Next week's analysis: Next week's operation suggestion is to maintain the idea of ​​selling as the main idea, supplemented by buying at low prices. For the upper resistance, pay attention to the 3328-3330 area first, and then pay attention to the 3345-3350 area. The former is regarded as the key to selling and exploring the low point, or even breaking the middle track of the Bollinger Band at 3295, which is also the low point of this week. The latter is a strong defense for selling in the short-term shock trend! In other words, selling below 3330 can complete the touch of the low point or new low next week in the short term, while selling below 3350 is still expected to test the new low, but the time period will be extended. As for the support below, focus on 3280. It is expected that it will be close to or touched at the beginning of next week, but whether it can break directly needs to be judged according to the actual trend, so it is best to wait for it to touch or break once before taking more. The 1-hour moving average of gold has formed a dead cross downward, so gold still has downward momentum. After the 1-hour high box of gold oscillated, gold finally broke through the box downward, indicating that gold is better sold. Then the bottom of the gold box has now formed resistance, and the short-term 3333 line of gold has formed resistance to gold. If gold is under pressure at 3333 at the beginning of next week, then gold can continue to be sold. Operation ideas: Buy short-term gold at 3277-3280, stop loss at 3268, target at 3310-3330; Sell short-term gold at 3330-3333, stop loss at 3342, target at 3300-3280; Key points: First support level: 3300, second support level: 3280, third support level: 3261 First resistance level: 3330, second resistance level: 3348, third resistance level: 3375
OANDA:XAUUSDShort
by NuggetsWarriors
Accurately grasp the gold trend analysis next week📰 Impact of news: 1. The geopolitical situation is gradually deteriorating 2. Trump again calls on the Federal Reserve to cut interest rates 📈 Market analysis: The current weekly moving average support for gold prices is roughly 3250-3260. If 3250-60 can be maintained, then gold may continue to maintain consolidation and wait for an opportunity to choose a trend. If it falls below 3250, then it can directly see the 3200 mark. If 3200 falls below again, then it will see 3100. In the short term, the first focus of the gold price below is 3315. As long as it stays above 3315, gold is still in a bullish trend. Secondly, pay attention to the 3280 line below. If it falls below 3280, the gold price will further test the support of 3260-3250. It is possible that gold will form a head and shoulders top structure on the daily chart next week. It may fall to 3250-60 at the beginning of the week to lure shorts into the market, and then stretch and rebound to around 3350 to form a shoulder position, and finally directly dive down to around 3150. 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:XAUUSDShort
by AllenBoswell-2
Gold falls below key support, short-term bearish approachAt present, the hourly level has fallen below the key support level of 3330, which is effectively broken as the short-term long-short watershed, which means that the market is weak and volatile in the short term. However, it does not constitute a short trend for the time being. The short-term trend in the future may still fluctuate downward, but there is no basis for a deep decline. Short-term short orders can be participated in, but the general direction remains bullish. This week is coming to an end. If there are still operation plans, you can wait for a small rebound and then participate in a wave of short-term short operations. The target is controlled at 10-30 points. Enter and exit quickly, and don't be greedy. Looking ahead to next week, it is expected that the market will fluctuate around 3,300 and then bottom out and then resume its upward trend. The thinking will continue to be mainly "short-term short and long-term long". The current gold 1-hour moving average system has begun to turn downward. If a dead cross structure is further formed in the future, the downward space will be opened. After gold fell under pressure from a high level yesterday, it continued to be weak today. Combined with the bearish non-agricultural data, there is a lack of support for risk aversion. There is still room for short-term downward movement, and the overall rebound is still the main focus. Operation suggestions: Aggressive investors may consider shorting in the 3333-3335 range; Conservative investors may wait for a rebound to the 3345-3350 area and enter the short position at an appropriate time. The target is 10-30 points. It is not recommended to hold more than the target.
OANDA:XAUUSDShort
by TP_Daniel5
Analysis and layout of the latest gold trend in the evening📰 Impact of news: 1. The United States issues new sanctions on Iran 2. Trump continues to criticize the Federal Reserve 📈 Market analysis: The 1H moving average of gold has shown signs of turning downward. If a death cross structure is formed subsequently, it will open up further downward space. From the market point of view, the price of gold rebounded to around 3364 after the release of non-agricultural data. This position constitutes a short-term key resistance level. If the rebound is under pressure here during the US trading session, short selling on rallies can still be considered. Although the price of gold has started to decline, it has not been able to fall below the important support of 3,300, so the long-term direction remains unchanged. At the same time, we need to pay attention to the effectiveness of the 3310 support line in the short term, and consider long trading only after the bottom is confirmed. For short-term trading, consider shorting at 3340-3350, and look to 3320-3310 🏅 Trading strategies: SELL 3340-3350 TP 3320-3310 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:XAUUSDShort
by AllenBoswell-2
Long positions have made profits, focus on support📰 Impact of news: 1. The United States issues new sanctions on Iran 2. Trump continues to criticize the Federal Reserve 📈 Market analysis: At present, the gold price has touched 3340. If it stabilizes here, we can arrange to go long. However, the gold price is constantly testing downwards, which is why I did not arrange to go long immediately. At the same time, we need to be vigilant about whether the gold price will fall below the important support of 3330. If it really falls below 3330, the gold price may test the support of the integer mark of 3300, which will also determine the future market trend. 🏅 Trading strategies: SELL 3400-3370 TP 3340-3330-3300 BUY 3335-3330 TP 3350-3370 SELL 3325-3320 TP 3310-3300 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:XAUUSDShort
by AllenBoswell-2
Is there still hope for the bull market to rise today?📰 Impact of news: 1. Progress made in talks between China and the USA 📈 Market analysis: In view of the non-agricultural data to be released on Friday, the market is expected to maintain a volatile consolidation trend before then. From the daily level: the Bollinger Bands open gently, the gold price is running below the upper track 3414, and the MACD golden cross is running slowly, suggesting that the bullish momentum is weak. At the hourly level, the short-term short position is strong, and there is a certain rebound demand. Therefore, we pay attention to the 3343-3333 support line below, focusing on the 3300 support. After the gold price falls below the 3360 support, the 3360 position will suppress the gold price in the short term. 🏅 Trading strategies: BUY 3343-3333 TP 3360-3370-3380 SELL 3360-3370 TP 3330-3320 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
Is there still a chance for a bull market in gold's decline?📰 Impact of news: 1. European Central Bank deposit facility rate in the eurozone as of June 5 2. Initial jobless claims data 3. Non-farm payroll data 4. Worsening geopolitical situation 5. Watch the impact of the dialogue between Trump and Xi Jinping on gold 📈 Market analysis: This round of geopolitical conflict caused an upward breakthrough, but the price has cooled down due to the negotiations between China and the United States. The current market is swaying at 3374. In fact, gold has not yet taken a more obvious direction. After all, tomorrow, Friday, is a key node in the data market game. At the 4H level, today's European session has reached the 3404 line, and encountered resistance and pressure here. The current retracement is in line with our expectations, and we expect to go long. As long as the key position of the middle track is maintained, it will continue to rise after being pulled down. At present, I still hold long orders. 🏅 Trading strategies: BUY 3390-3385-3375 TP 3400-3410 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
Can gold prices continue to rebound?Market news: Spot gold rose slightly in early Asian trading on Thursday (June 5), currently trading around $3,382/oz. Supported by a weaker dollar and weaker U.S. data, investors are struggling to cope with growing economic and political uncertainty. Against the backdrop of rising risk aversion demand and weak economic data, gold prices rose slightly. At the same time, tensions between major powers, progress in EU-U.S. trade negotiations, and rising market expectations for a Fed rate cut have further ignited enthusiasm in the gold market, and the possibility of London gold prices rising above the 3,400 mark has increased. The job market is sluggish, some industries are laying off employees, and wage growth is offset by the cost of living. Inflationary pressures continue, and companies plan to raise prices to pass on tariff costs. The Fed said the economic outlook is unclear and it will continue to monitor data to adjust its policies. As a safe-haven asset in times of political and economic uncertainty, gold tends to perform strongly in a low-interest rate environment. Investors are closely watching the U.S. non-farm payrolls report to be released on Friday, June 6, for clues to the Fed's next move. In addition, we also need to pay attention to the ECB interest rate decision and the changes in the number of initial jobless claims in the United States on this trading day. The market expects the ECB to cut interest rates by 25 basis points. In the medium and long term, it tends to support the international gold price. In addition, continue to pay attention to the international trade situation and speeches by Fed officials. Technical Review: Gold successfully bottomed out yesterday, with the lowest point of the day at 3344, which is not much different from the point of 3345 that we disclosed in the morning. The market point is basically in place. The small non-agricultural positives in the evening helped the gold price to rise further. The high point of gold is gradually approaching the pressure level of 3392. In the short term, the gold price is expected to break through the pressure and continue the upward trend! The technical side of gold maintains the bullish low-multiple thinking. The daily chart price extends the MA5/10/7-day moving average high point upward, and the RSI indicator is hooked upward above the middle axis. The short-term four-hour chart and hourly chart moving average open upward, the Bollinger band opens upward, and the price is running on the upper and middle track of the Bollinger band. The main idea is to buy at a low price and sell at a high price. Today's analysis: Recently, the market, tariff trade policies, and geopolitical tensions have been affecting the strength of the US dollar and gold. Although it seems that gold is fluctuating upward for the time being and has not gone out of the space for a unilateral surge, it can be seen from this week's slow rise that gold is still an absolute buying trend. Therefore, no matter how it adjusts, falls back, or fluctuates, it is an opportunity to buy into the warehouse. How to plan for the future market? I believe everyone has a clear direction in mind. Buying is very strong, just go with the trend. The important thing is the point. The low point below is moving up, which means that if the gold price drops again, the low point will not fall below 3344. Yesterday, the gold Asian and European sessions were in a volatile adjustment trend. After the release of the US session data, the gold price rose from 3350 to the current price of 3385 and then fell back. In terms of short-term operations, since the high point of the Asian session broke, it is still recommended to buy at a low price and focus on bullish operations. Operation ideas: Short-term gold 3350-3360 buy, stop loss 3340, target 3380-3400; Short-term gold 3397-3400 short, stop loss 3408, target 3360-3340; Key points: First support level: 3363, second support level: 3350, third support level: 3333 First resistance level: 3388, second resistance level: 3396, third resistance level: 341
OANDA:XAUUSDLong
by NuggetsWarriors
Gold------Buy near 3360-3380, target 3390-3400Gold market analysis: Recently, the daily gold trading has begun to be a game. Today's idea is to continue buying and looking for buying opportunities. At present, it is an obvious shock rise, not a direct one-sided one. Don't rush to enter the warehouse. Yesterday, the daily line closed positive, and the short-term 3392 was suppressed. The daily moving average began to diverge. There is not much time for high-level shocks. The shock is mainly because this week is a data week. The market has too many uncertainties about the future. For example, yesterday's ADP employment data is like this. There is a more heavy NFP later. I estimate that the shock market will continue before the non-agricultural data. Today, we focus on the opportunity of shock retracement and continue to buy. The analysis chart shows that the hourly shock range is 3392-3342. Yesterday's daily closing raised the shock platform. Today, we focus on the support of two shock platforms. One is around 3363, which is an hourly shock, and the other is 3354. This position is the moving average and pattern support. These two supports in the Asian session are both buying opportunities. In addition, if it breaks 3392, it may stand on 3400 and start a new bullish pull. Support 3363, 3354, strong support 3343, suppression 3385, strong pressure 3392, the market strength and weakness watershed 3363. Fundamental analysis: The US ADP employment data released this time showed a significant reduction in employment, supporting gold to suppress the US dollar, and also giving the US market a new expectation for non-agricultural. Operation suggestion: Gold------Buy near 3360-3380, target 3390-3400
OANDA:XAUUSDLong
by NuggetsWarriors
1
Gold price fluctuates before NFP data, be careful📰 Impact of news: 1. European Central Bank deposit facility rate in the eurozone as of June 5 2. Initial jobless claims data 3. Non-farm payroll data 4. Worsening geopolitical situation 📈 Market analysis: Since the release of ADP data last night, gold prices have been rising all the way, reaching a high of around 3382, which is in line with the expected resistance of 3385-3395 we saw yesterday. Currently, the bulls are stable above 3330, and the gold price is still in a bullish trend on the daily chart. Although the current market is in a state of consolidation, there is a possibility of a surge and fall in the short term. Only after a negative line correction occurs, it may continue to be bullish. In short-term trading, pay attention to 3385-3395 on the top and the opportunity to retreat to 3365-3355 on the bottom. Pay attention to data such as initial jobless claims and tomorrow's non-agricultural data. 🏅 Trading strategies: BUY 3365-3355-3345 TP 3370-3380-3400 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
XAU/USD) Breakout strong bullish trend Read The captionSMC Trading point update Technical analysis chart of gold (XAUUSD) on the 4-hour timeframe. Here’s a breakdown of the key ideas presented in the chart: --- Key Support/Resistance Zone A yellow rectangular zone marks a significant support/resistance level. This level was previously a resistance and has now been flipped into support ("new support level"). --- Trend Analysis Uptrend line (lower diagonal line): Shows support and higher lows forming a bullish structure. Downtrend lines (upper diagonals): Show past resistance levels being tested. Strong downtrend line has now been broken, which is bullish. --- Target Points Three bullish targets are marked: 1. $3,436.70 2. $3,500.93 3. $3,647.33 These targets seem to be based on: Breakout above the resistance zone. Measured move projections from previous impulsive rallies. --- Technical Indicators 200 EMA (Exponential Moving Average): Currently at $3,261.87, acting as dynamic support. RSI (Relative Strength Index): Current RSI is 54.80, indicating neutral momentum. Previously touched overbought zone (~69), indicating strong recent bullish momentum. --- Arrows Green arrows mark strong bullish bounce points. Red arrow marks a rejection from the downtrend line (previous resistance). Mr SMC Trading point --- Conclusion (Idea Summary) Price has broken out of consolidation and downtrend resistance. If the price holds above the yellow support zone and 200 EMA, a bullish continuation is likely. Targets: $3,436 → $3,501 → $3,647. Confirmation of breakout and momentum depends on volume and RSI behavior in coming candles. --- pelas support boost 🚀 analysis follow)
CAPITALCOM:GOLDLong
by SMC-Trading-Point
15
XAU/USD) Technical analysis Read The captionSMC trading point update Technical analysis of Gold (XAUUSD) on the 1-hour timeframe. Here's a breakdown of the key ideas in the analysis: --- Chart Elements: Support Level (Yellow Zone at ~3,340–3,350): This area has been highlighted as a key support zone where price has bounced previously. Price is currently hovering just above this level. Downtrend Line: A descending trendline is drawn, indicating a short-term bearish trend. A breakout above this line could trigger bullish momentum. Two Scenarios Outlined: Bullish Scenario: If price breaks the downtrend and holds above support, it may rally towards the upper target point at 3,419.68. Bearish Scenario: If price breaks below the support, the next target point is marked lower around 3,300.62, a previous consolidation area and close to the 200 EMA (blue line). 200 EMA (~3,324.72): Acts as dynamic support. If price moves below it, bearish sentiment may increase. RSI (Relative Strength Index): RSI is neutral (~50.54), not showing overbought or oversold signals, leaving room for movement in either direction. --- Key Takeaways: Neutral-Biased Setup: The price is consolidating between a clear support level and downtrend resistance. Confirmation Needed: A breakout from either direction is necessary to confirm the next move. Bullish Breakout: May lead to a retest of highs at 3,419.68. Bearish Breakdown: Could push the price toward 3,300.62, aligned with past support and the 200 EMA. Mr SMC Trading point --- Trading Ideas (based on this analysis): Long Entry: On breakout above the downtrend line + confirmation above 3,360. Short Entry: On breakdown below 3,340 with strong volume. Stop-Loss: Just outside the consolidation zone depending on trade direction. Risk Management: Be cautious around economic news (calendar icons shown suggest upcoming events). Please support boost this analysis )
FX:XAUUSD
by SMC-Trading-Point
5
XAU/USD(20250604) Today's AnalysisMarket news: Fed Logan: We should focus on achieving the 2% inflation target, rather than trying to make up for past inflation shortfalls; Bostic: We still think there may be a rate cut this year. Technical analysis: Today's buying and selling boundaries: 3359 Support and resistance levels 3417 3395 3381 3337 3322 3301 Trading strategy: If the price breaks through 3359, consider buying, the first target price is 3381 If the price breaks through 3337, consider selling, the first target price is 3322
OANDA:XAUUSDLong
by NuggetsWarriors