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How is the market situation during the China-US talks?Information summary: On Tuesday, as the China-US trade negotiations entered the second day, the US dollar index fluctuated around the 99 mark. The gold price once approached the 3,300 US dollar mark in the Asian market, and then continued to rise, reaching the highest of the 3,350 US dollar mark. After the opening of the US stock market, all the gains during the day were given up, and it has been maintained below 3,350 for consolidation. From the current known negotiation information, the two sides basically agree on the general direction and principles, but it means that more specific content and details have not yet been fully negotiated, and more dialogue is needed to resolve. Market analysis: From the current gold market, as long as the 3,350 mark cannot be strongly broken through next, the price will fall again. The consolidation range will remain at 3,300-3,350. As long as the price fails to break through strongly, there will still be a fifth wave of downward trend. Therefore, gold is still maintaining short selling operations at high points. Operation strategy: Short at 3345-3450, stop loss at 3360, the first target is this week's low of 3300, the second target is 3285, and the third target is 3250.
OANDA:XAUUSDShort
by Quaid-1
Gold V-shaped reversal still has room to rise In the morning, the market was under pressure at 3328, and two consecutive big negative lines fell to the low of 3302, breaking through the lower track of the descending flag consolidation channel, forming an effective break. 3317 was originally the confirmation point of the channel counter-pressure, and it was also the 618 split resistance at the time. Then the middle track was lost, and the trend was bearish, so it tried to rebound but continued to fall under pressure. But the market immediately made a V-shaped reversal, breaking through the morning high of 3328, and had attacked to 3342 before the US market. The European session was volatile and strong, and with the help of a pullback before and after the U.S. session to lure short sellers, there is still hope for a second rise The focus of the support for the retracement is on two positions: one is the 3322 line, corresponding to the middle track and 50% split support; the other is 3318, corresponding to the 618 split support. If it stabilizes after touching it, it will most likely point to the 3348 counter-pressure position. If the pressure of 3348 cannot be broken, there is still a possibility of repeated fluctuations in the short term. It is necessary to pay attention to whether the secondary low point appears when it pulls back to further consolidate the support structure. If the market directly breaks through and stands above 3348, 3293 may have been confirmed as a short-term low. The recent trading strategy ideas are all realized, and all the points are predicted accurately. If your current gold operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate with us!
OANDA:XAUUSDLong
by TP_Daniel5
Gold fluctuates widely, strategy remains unchanged 📌Gold news The US and Chinese delegations will continue talks in London for the second consecutive day. President Trump expressed optimism, saying the talks "should go well". US officials said the talks could lead to Washington lifting certain technology export restrictions in exchange for Beijing relaxing controls on rare earth exports - a material that is critical to industries such as energy, defense and advanced technology. The results of these negotiations may provide a new direction for precious metals 📊Comment analysis The European session continued to retrace and gave a low of 3293, then slowly strengthened. The current high reached 3349, so today's strategy does not need to be changed for the time being. If the current market is given to 3335-3345 again, short orders can still be entered. The current trend is still weak, and the US market is likely to follow the old path of a second decline, so the current idea of ​​shorting on the pullback remains unchanged for the time being! 💰Strategy package Gold: Short on rebound 3335-3345, stop loss 3350, target 3300-3280! ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the lot size that matches your funds -
OANDA:XAUUSDShort
by Labaron
1
Gold fluctuates repeatedly, hiding great opportunities!After the opening of gold today, the bulls and bears played fiercely. In the early trading, it fell to 3293 and received temporary support, then stabilized and rebounded. It broke through the high point of 3320 in the Asian session and continued to rise above 3330. However, the price was under obvious pressure near 3330, and the momentum indicators (MACD, RSI) showed a top divergence at the same time, reflecting the exhaustion of bullish momentum and limited short-term upside space. From the technical structure, gold has effectively fallen below the middle track support of the H4 cycle, and at the same time lost the upward trend line built since the low point in June. The two breakout positions are highly overlapped, constituting an obvious technical weakening signal. The current trend is trapped in the key resistance suppression area, and it is expected to enter a high-level shock and weakening stage. The operation suggestions are as follows: 🔸Strategy direction: short-term thinking 🔸Entry area: 3335–3345 range 🔸Defense reference: stop loss above 3350 🔸Target expectation: look down to 3305, break to 3293 or even 3280 near the extension support In terms of fundamentals, the US dollar index is under short-term pressure, mainly due to the decline in the US fiscal outlook and US Treasury yields; but the non-agricultural data boosted economic resilience, which cooled the market's expectations for a rapid rate cut this year, restricting the rebound space of gold prices. Although risk aversion has support, it has not yet become a dominant driver. The current market sentiment remains cautiously neutral. Overall judgment: The short-term rebound of gold prices is limited, and the short-term trend is gradually released after the structural break. It is recommended to follow the trend and go high, control risks, and steadily execute trading plans.
OANDA:XAUUSDShort
by TP_Daniel5
The short-term tug-of-war for gold is starting Gold prices continued their decline last Friday and stabilized and rebounded. Yesterday, gold prices fell back to the 3,300 mark, then slowly rose to the 3,338 mark, and fell back after encountering resistance, which is in line with the technical consolidation rhythm. - China-US trade negotiations: The US has released signals that it is willing to relax export restrictions, and the market is waiting for the results of the negotiations, which may affect risk sentiment. - US May CPI data: Inflation changes will provide key guidance for the Fed's policies. - The current trend is weak, but the downside is limited. Buy on dips and avoid large-scale shorting. - Today, it is recommended to wait and see, and wait for the negotiation results to become clear before entering the market to reduce volatility risks. 🔥Sell gold area: 3330-3348 SL 3352 TP1: $3320 TP2: $3310 🔥Buy gold area: $3295-$3305 SL $3290 TP1: $3320 TP2: $3330
OANDA:XAUUSDShort
by Labaron
2
Gold is falling. Where is the low point?Market summary: Yesterday, thanks to the weakness of the US dollar, the US dollar once fell below the 99.0 mark. Spot gold rebounded from the low of 3293 hit earlier in the session, recovering all the losses during the day, and the highest point was near 3338. It fell from the high point in the early Asian session on Tuesday, and has been consolidating in the 3300-3310 range so far. In my early analysis, I pointed out that there is a high probability that the fifth wave of the wave trend will fall at the beginning of this week, and as I predicted, it is completing the fifth wave of the downward trend. Trend analysis: From the four-hour chart, the fourth wave of rebound has been completed, so today is the fifth wave of the downward trend. Next, we look at the two target ranges. The first target is around 3280, and the second is 3260-3350. And today, it is highly unlikely to stabilize above 3310, so don't choose to short at the rebound high point, the chance is very slim. Operation strategy: Short around 3310, stop loss at 3320, profit range 3380-3350.
OANDA:XAUUSDShort
by Quaid-1
1
Gold price rebounds, short-term strength?After the opening of the U.S. stock market today, the price of gold rose rapidly, breaking through the first resistance level of 3325, and currently reaching the intraday high of 3337. However, from the hourly chart, the current price has not reached the upward trend point I predicted, so the price is likely to rise slightly again in the future. From the 4-hour chart, gold rose again after falling back in the U.S. market, and the price broke through the 3325 position upward, which means that the short-term is strong; in the morning analysis, I predicted that gold would fall back and rush high, and the fall back can be short-term long, and the volatile market can be operated in the short term according to this strategy. At present, the 4-hour MA5-day and 10-day moving averages have a trend of forming a golden cross upward, and after the fall in the morning, the moving averages are currently showing an upward turning trend. Therefore, after the price breaks through 3325, the probability of continuing upward is still relatively large, and the pressure position is 3345; this position is the point after the fall back from the high point in May, and it is also an important pressure position after the current price falls back and rebounds. The price is currently heading towards a retest of 3340-3345 levels. If the dollar continues to fall and gold manages to consolidate above 3345, the bullish trend is likely to continue. However, a false breakout of 3340-3345 area could trigger a further decline following the breakdown of the bullish structure.
OANDA:XAUUSD
by Quaid-1
Gold hits 3335 in the US market and shorts ⭐️Gold information: Looking back at last week's trend, after hitting a high on Monday, gold prices fluctuated in a range from Tuesday to Thursday, and closed with a sharp drop on Friday, forming an M-top pattern from a technical perspective. This week, the market focus is on the high-level trade negotiations between China and the United States held in London. The market expects that the negotiations will proceed smoothly, and this optimism is bearish for gold. Based on the comprehensive technical and fundamental analysis, the gold price is still bearish today. It is recommended to pay attention to the short-selling opportunities in the rebound range of 3330-3340 US dollars. ⭐️Set gold price: 🔥Sell gold area: 3330-3340 SL 3345 TP1: $3320 TP2: $3310 TP3: $3295
OANDA:XAUUSDShort
by Labaron
1
Gold is falling, waiting for the trend to be completed?The Asian market continued to fall on Friday in the early trading on Monday, reaching a low of around 3293. It then bottomed out and rebounded, reaching a high of around 3325, and is currently maintaining a consolidation around 3320. From the hourly chart, gold is completing the fifth wave in the wave trend; in the short term, gold is in a rebound trend, and has been maintaining this upward trend channel. As long as it cannot fall below 3310 next, the gold rebound has not ended, and it may directly test the top around 3345. Because 3345 is exactly the bottom of the first wave, the rebound trend from 3293 is likely to be the fourth wave. As long as the fourth wave rebound cannot strongly break through the bottom of the first wave at 3345, then the fifth wave will most likely show a downward trend. Therefore, the current trading operation is basically simple; Long strategy: long at 3315-3320, stop loss at 3305, and profit range at 3340-3350. Short selling strategy: wait for the price to stabilize near 3345 and then enter the market to short sell. Important tip: If the price falls from 3345, it is highly likely to go down directly to the low point of 3280-3250.
OANDA:XAUUSD
by Quaid-1
Gold support near 3280 remains strong! ⭐️Gold information: Gold prices (XAU/USD) stabilized near $3,310 in early Asian trading on Monday, and gold prices struggled to gain momentum against the backdrop of renewed strength in the U.S. dollar (USD). As of press time, gold was around 3315 points. Although the strengthening U.S. dollar posed resistance to gold, lingering uncertainty surrounding President Trump's tariff strategy continued to provide some support for it. On Friday, optimistic labor market data boosted the dollar and put pressure on dollar-denominated assets such as gold. The U.S. Bureau of Labor Statistics (BLS) reported that nonfarm payrolls increased by 139,000 in May, exceeding expectations of 130,000 and exceeding the revised 147,000 (originally 177,000) last month. The stronger-than-expected employment report dampened hopes for a near-term rate cut by the Federal Reserve and weighed on the appeal of gold prices. ⭐️Set gold price: 🔥Sell gold area: 3348-3350 SL 3355 TP1: $3340 TP2: $3330 TP3: $3320 🔥Buy gold area: $3281-$3279 SL $3274 TP1: $3292 TP2: $3300 TP3: $3315
OANDA:XAUUSDShort
by Labaron
1
The decline is not complete, beware of the low point.Last Friday, the US dollar index rose and recovered the 99 mark as the non-farm data exceeded expectations and weakened the Fed's hope of cutting interest rates this year. Spot gold continued to fall after the release of non-farm data, breaking through the 3345 and 3330 levels. Market analysis: First look at the 4-hour chart of gold: It broke through the 3300 mark in the early Asian session on Monday and is currently maintained near 3310. However, from the current point of view, the decline of gold has not been completed. From the trend point of view, gold must at least test the position near 3280 and 3250 before there will be a relative chance of rebound. Once it falls below 3250, gold may not have a chance to rebound, and it will officially enter a bearish trend, and it will be greeted by a bearish trend at the daily level. From the hourly chart, if it cannot stabilize above 3310, then gold is likely to fall, and see whether it will break through 3280 or 3250. On the contrary, if it stabilizes above 3310, it may hit the early high near 3320 again. However, as long as it cannot stabilize above 3325, gold will still fall. Now you should pay attention to where to short gold. Operation strategy: If the price cannot stabilize above 3310, you can short near 3310. If it stabilizes above 3310, you can wait for short near 3320.
OANDA:XAUUSDShort
by Quaid-1
In the new week, is gold brewing a new market?Information summary: This week, the market continued to be affected by Trump's tariff policy and the progress of negotiations. On Thursday, the phone call between the Chinese and US heads of state boosted market sentiment. In the early stage, the precious metals market ushered in a collective rise, and the prices of silver and gold performed strongly. Silver rose to a 13-year high on Thursday, breaking through $36 for the first time since February 2012. After gold hit the $3,400 mark during trading on Thursday, the US dollar rose as friendly talks between China and the United States stimulated the rise of the US dollar; gold fell rapidly and gave up all the gains during the day. On Friday, the US stock market closed at its highest level since February due to the boost of non-agricultural data. Gold continued its retreat trend again, closing at around 3,310 as of Friday. Market analysis: From the trend of the US dollar, there is already an opportunity to bottom out, and the trend at the beginning of the week is critical. Once the US dollar stands above 99.5 at the beginning of the week, it will continue to touch the 100.0--100.2 mark. If it stabilizes above this position, gold will most likely fall below 3300 next week. First, from the weekly chart: The current moving average support below the weekly line is almost at 3250-3260. If it can hold here, gold may continue to maintain consolidation and wait for an opportunity to choose a new trend. However, if it falls below 3250, it can fall to the 3200 mark. If 3200 falls below again, it will be the low point of 3100. It can also be seen from the daily chart that the important position of gold is at 3318-3280. If it stands above 3318, gold is in a bullish upward trend. If it falls below 3280, gold will enter a bearish trend. At present, gold has closed below 3318, so from the daily line, the next target is around 3280. If 3280 falls below again, then as the weekly analysis shows, it will test 3250-3260. However, judging from the daily chart, I think the market will not go down too easily. Therefore, I guess that gold may follow the head and shoulders top structure of the daily chart next week. It may fall to 3250-3260 at the beginning of the week to lure short sellers into the market, and then stretch and rebound to around 3350 to form a shoulder position. Finally, it will directly dive down to around 3150. The Asian market is about to open, and I hope my analysis can help everyone make some profits in the market. A new week is about to begin, and I wish you all good luck.
OANDA:XAUUSDShort
by Quaid-1
Gold will still fall below 3,300 next week! 📣World Situation: Gold prices fell for the second consecutive trading day on Friday, but are still expected to close with a gain of more than 1.30% as traders readjusted expectations for Fed policy easing after a stronger-than-expected US non-farm payrolls report. At the time of writing, XAU/USD was trading at $3,322, down 0.84% ​​on a daily basis. The US Bureau of Labor Statistics (BLS) reported that the labor market continued to show resilience, with the unemployment rate remaining stable from April. Meanwhile, Wall Street rebounded modestly from Thursday's losses despite increased political tensions between President Donald Trump and Tesla CEO Elon Musk after the House of Representatives approved a bill to raise the US debt ceiling. Next Wednesday: ① Data: API crude oil inventory in the United States for the week ending June 6, US May unadjusted CPI annual rate, May seasonally adjusted CPI monthly rate, May seasonally adjusted core CPI monthly rate, May unadjusted core CPI annual rate, pay attention to real-time data changes. Geopolitical risks and trade tensions have eased, and the call between Chinese and American leaders has released a signal of easing. Trump said that the trade negotiations have reached a "positive conclusion", weakening the attractiveness of gold as a safe-haven asset. 🔥 Technical side: Based on the resistance and support levels of gold prices on the 4-hour chart, NOVA sorted out the important key areas as follows: Resistance: $3347, $3400 Support: $3252, $3202
OANDA:XAUUSDShort
by Labaron
XAUUSD Bearish Setup! OB Rejection + FVG + 61.8% Fib PremiumGold (XAUUSD) | 4H Chart – High-Probability Bearish Setup XAUUSD is setting up for a bearish move as price taps into a premium zone confluence, including an Order Block (OB), Fair Value Gap (FVG), and a 61.8% Fibonacci retracement. Smart Money Concepts (SMC) traders will recognize this setup as a textbook scenario for a bearish continuation toward a Weak Low target. 🔍 SMC Breakdown: Market Structure: The market has shifted bearish after breaking the previous low and forming a lower high. The internal structure confirms bearish order flow, giving us confidence in continuation to the downside. Liquidity & Inefficiency Play: Recent sweep of buy-side liquidity above minor highs. Rejection at premium pricing indicates Smart Money has triggered sell programs. Internal liquidity pools were engineered and swept, confirming manipulation. Entry Confluence Zone (Kill Zone): 🔴 Order Block (OB): 3,372 – 3,380 — bearish OB formed before strong impulse move. 🟣 Fair Value Gap (FVG): Perfect overlap with the OB, leaving a gap that price has now rebalanced into. 📐 Fibonacci Levels from Swing Low to High: 61.8% = 3,373 70.5% = 3,377 79% = 3,380 This entire zone aligns with institutional premium pricing — the high-probability reversal range. 📉 Bearish Projection: Expecting price to reject from OB/FVG zone and move toward the discount zone, targeting unmitigated lows and imbalance fills. Key Downside Targets: 50% = 3,368 Full Extension = 3,333 (Aligned with Weak Low) This level also sits near the 0.00% Fib level — a clean liquidity magnet. 🧠 Chart Ninja Entry Plan: 🔹 Entry: 3,373 – 3,380 (OB + FVG + Fib Premium) 🔻 Stop Loss: Above 3,381 (invalidate OB) 📉 Take Profit: 3,333 (Weak Low + Fib Completion) ⚖ RRR: ~1:4+ — high-confluence sniper setup 💬 Ninja Wisdom: You're not trading random candles — you're trading intentional liquidity shifts. This setup screams Smart Money footprint: OB rejection + inefficiency fill + premium pricing. Be the sniper — not the trigger-happy retail trader. 🥷🎯 📍 Save this setup before it plays out — backtest and learn from it! 🔁 Drop your analysis below – agree or see it differently? 👣 Follow @ChartNinjas88 for daily institutional-grade setups on Gold & more!
OANDA:XAUUSDShort
by ChartNinjas88
Gold plunges, what will be the trend next week?From the daily chart: Since the last round of breaking the triangle convergence oscillation and breaking the trend line, gold has surged to 3400, but the upward momentum is insufficient and it has retreated. The low point of the retreat on Friday happened to be the support level of the previous triangle convergence trend line near 3300. If it falls below, the price will return to the triangle convergence oscillation range, and the gold price may fall further; From the perspective of gold 1 hour, the MA5-day and 10-day moving averages have formed a dead cross downward, so gold still has downward momentum. After the gold 1-hour high box oscillation, gold finally broke through the box downward, indicating that the gold shorts are better, so the bottom of the gold box has now formed resistance, and the gold short-term resistance to gold has been formed near 3335. If gold is 3335 at the beginning of next week, then gold can continue to be short. Next week's operation strategy is still around the 3285-3335 range.
OANDA:XAUUSD
by Quaid-1
1
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
With bulls and bears in a stalemate, where will gold go?Gold fell under pressure around 3384 in the early trading on Thursday, and then rebounded after falling to 3361. The highest in the European session reached around 3403, and then fell back due to resistance. The US session accelerated its decline, reaching a minimum of 3339, and then rebounded in the late trading, closing in the negative on the daily line. The daily trend continued to fluctuate in a positive and negative cycle. On Thursday, it rose and fell, closed in the negative and fell below the 5-day moving average. Today, we will focus on the resistance position of 3405. Whether it can break through will determine the strength of the bulls in the future market. The risk of continuous negative daily lines cannot be ruled out. The support below is the key points of 3330 and 3300. The 4-hour fluctuation range is locked at 3385-3335. The fluctuation space in the Asian and European sessions is limited. It is recommended to sell high and buy low. For stable trading, it is recommended to go long in the 3340-3350 area. The overall bullish trend has not changed, and the impact of non-agricultural data is limited. It is expected that gold will most likely rise and fall. Remember not to chase the rise and sell the fall, and wait patiently for opportunities. Steady trading, precise attack!
OANDA:XAUUSDLong
by TP_Daniel5
2
Before the non-agricultural data, gold is waiting for the trendToday, the market will focus on the US non-agricultural employment data. The market expects that 130,000 new jobs will be added and the unemployment rate will remain unchanged at 4.2%. If the non-agricultural data is far worse than expected, it may continue to hit the US dollar and stimulate a sharp rise in gold prices. On the contrary, if it is higher than expected, it may also cause the US dollar to rebound, and gold will continue to maintain the possibility of low consolidation. Yesterday, the US stock market collapsed across the board due to the debate between Trump and Musk. Therefore, I am worried that Trump will continue to make remarks to boost the US stock market today. Once the US stock market rebounds again, gold may continue to fall, or remain at a low level for consolidation. From the 4-hour chart, it can be seen that gold has been rising along the 4-hour trend line. However, from the current chart, gold has not yet stepped back. Therefore, it is not ruled out that gold will continue to step back to 3330-3340 and then choose a direction again. 3330-3340 is a critical position. Once it falls below 3330 again, it is very likely to directly touch 3300. On the contrary, if it stabilizes at 3330-3340 again, then gold will definitely stabilize above 3400 if it goes up again. Secondly, from the perspective of the US dollar: The bottom divergence structure appears here in the 4-hour chart. Therefore, once the divergence of the US dollar takes shape, it will also cause gold to return to a low level again. Therefore, be careful when going long on gold today. The position where you can go long today is in the range of 3330-3340. Secondly, if gold falls below 3330 today, it will test around 3300, so another long position for gold is around 3300. On the contrary, if it falls below 3300, there will be no chance to go long on gold, and the subsequent decline may accelerate.
OANDA:XAUUSD
by Quaid-1
Non-agricultural data is coming. Disrupt the market?Market analysis: The market once again staged a long-short trend yesterday. Due to the intensification of geopolitical risks, gold has been advancing all the way. Because of the easing of Sino-US trade relations, prices have fallen sharply. From the current market point of view, non-agricultural data is the key today. After a sharp drop in the early morning, it fluctuated sideways and maintained a small rebound. According to the ADP data on Wednesday, there is a high probability that the data will be bullish today. The support in the early trading will focus on around 3345. Under the condition that the upward trend remains unchanged, the current market prompts a risk of retracement, but it will not prompt shorts to enter the market; before the non-agricultural data, it is still a low-multiple idea. Non-agricultural data analysis: Non-agricultural, recently affected by tariff conflicts, employment is very bad, especially Wednesday's ADP data, which is far below expectations, and this month's non-agricultural is expected to be 130,000. Although the expectation is lower than 177,000 last month, this number is still relatively high compared to ADP. If the data released is higher than 177,000, it will be bearish for gold, but in terms of tariffs and ADP, this possibility is extremely small. The data is higher than 130,000 and lower than 177,000, which is also likely to be bearish for gold. If it is lower than 130,000, gold may take this opportunity to rise sharply. I think according to Wednesday's ADP, today's non-agricultural data is likely to be lower than 130,000, and the market will rise. Positions to pay attention to today: First support level: 3345, second support level: 3330, third support level: 3300 First resistance level: 3375, second resistance level: 3390, third resistance level: 3410 Operation strategy: Aggressive trading-currently long at 3370, after the release of non-agricultural data, the gold price is likely to rise above 3400 points, which is also our profit range. Steady trading-long at around 3350, the profit range is still at 3400 points after the release of non-agricultural data.
OANDA:XAUUSDLong
by Quaid-1
Non-farm data is expected to help gold recover from its decline! Gold prices rose sharply in the Asian and European sessions yesterday, and fell in the US session. The roller coaster-like trend at the end of the day gave up all the gains during the day, falling below the 3350 mark and touching the 3339 line. The daily pattern showed a trend of first rising sharply and then falling sharply. The technical daily chart has been alternating between positive and negative for four consecutive trading days. The New York market fell sharply and tested the 7-day moving average, but the price is still running above the 10-day moving average/7-day moving average. The Bollinger Bands on the short-term four-hour chart closed, the RSI indicator's middle axis flattened, and the hourly chart's four-hour moving average was glued. From a technical perspective, gold intraday trading is arranged with a volatile mindset, and the intraday range is arranged with reference to 3328/3388. Today's fundamentals focus on the non-agricultural employment data released by the New York market. The previous value was 177,000, and the market estimate was only 130,000. According to the estimate, it is bullish for gold/silver. This year has always emphasized that 2025 is a strong year for gold, and gold may enter an acceleration period of long-term structure this year. Tariff trade policies, geopolitical tensions, the Federal Reserve's interest rate decision, the decline in confidence in U.S. debt, and the increase in global central bank purchases have all affected the trend of gold as a strong safe-haven tool, and gold will have room to rise. Therefore, as long as the overall environment remains unchanged, gold is still an absolute bullish trend. Therefore, no matter how it is adjusted, now is an opportunity to enter the long position. Gold fluctuated in the 3332-3392 range in the first three days of this week. During this period, our high-altitude and low-multiple layout was completed as expected. Then, today gold will remain in this range and fluctuate upward. If it rises above 3400 and stabilizes, it will look to 3500 above; if it breaks through 3330, it will look to 3280 below. Pay attention to the fluctuations before the release of non-agricultural data. Non-agricultural data will cause an increase in liquidity, so try to avoid it. Key points: First support level: 3342, second support level: 3328, third support level: 3303 First resistance level: 3376, second resistance level: 3388, third resistance level: 3410 Operation ideas: Buy: 3340-3343, stop loss: 3332, target price: 3360-3370; Sell: 3387-3390, stop loss: 3400, target: 3370-3360;
OANDA:XAUUSDLong
by Labaron
2