Gold Rejected at Resistance, Targets $3,305 & Below Gold ( OANDA:XAUUSD ) rose to $3,400, as I expected in my previous idea .
Gold is trading near the Resistance zone($3,387-$3,357) and has failed to break the resistance zone validly .
In terms of Elliott Wave theory , it seems that Gold has managed to complete the microwave 5 of the main wave C with the help of Expanding Ending Diagonal . It was a corrective Zigzag(ABC/5-3-5) structure .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks.
I expect Gold to touch $3,305 after breaking the lower line of the ascending channel at the first target and then decline to the Support zone($3,281-$3,245) and Monthly Pivot Poin t.
Note: Stop Loss(SL)= 3394.000
Gold Analyze ( XAUUSD ), 4-hour time frame.
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Goldsignal
Gold= Breaks Resistance by Bullish Patterns + Geopolitical BoostGold ( OANDA:XAUUSD ) touched $3,337 as I expected in my previous idea .
Gold has now managed to break the Resistance lines and is trying to break the Resistance zone($3,387-$3,357) .
From a Classic Technical Analysis perspective, two Bullish Reversal Patterns are clearly visible on the Gold chart :
Descending Broadening Wedge Pattern
Inverse Head and Shoulders Pattern
According to Elliott Wave theory , by breaking the Resistance zone($3,387-$3,357) , we can confirm the start of an impulsive wave .
Also, given the increasing tension between Ukraine and Russia in recent days, there is a possibility that the price of Gold will increase due to the increased tensions .
I expect Gold to start rising again after a pullback to the neckline and resistance lines , and after breaking the Resistance zone($3,387-$3,357) , to rise to the target I have indicated on the chart.
Note: If Gold touches $3,299 , we should expect further declines.
Note: There is a possibility of emotional movements in the chart today when Fed Chair Powell speaks.
Gold Analyze ( XAUUSD ), 2-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
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DeGRAM | GOLD bullish takeover📊 Technical Analysis
● Price reclaimed the grey 3 305-3 330 supply and is now basing on the purple trend-line, turning a former cap into demand and keeping the sequence of higher-lows inside the 2-month rising channel.
● An H16 bullish engulfing fixed above the old channel roof (≈3 342) and completes an ascending triangle whose 1.618 swing points to the 3 435 confluence zone; a break of that ceiling would expose the fib / outer rail cluster near 3 500.
💡 Fundamental Analysis
● World Gold Council reports May was the strongest month of net central-bank buying since January, offsetting ETF outflows, while weaker US ADP hiring trimmed yields and cooled the dollar, supporting bullion.
✨ Summary
Buy 3 305-3 330; triangle break >3 350 targets 3 435, stretch 3 500. Long view void on a 16 h close <3 245.
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DeGRAM | GOLD above the $3340 level📊 Technical Analysis
● H4 candle has closed above the descending-channel roof and the grey 3 284-3 325 supply, then retested it as support — a breakout-retest pattern that usually precedes trend acceleration.
● Price is now confined in a fresh rising wedge riding the long-term trend-line; the wedge’s 1.618 extension aligns with the next confluence at 3 435 while dynamic support rises toward 3 245.
💡 Fundamental Analysis
● Gold got a tail-wind after US ISM manufacturing fell back into contraction (48.7) as Treasury yields and the DXY slipped, while reports of renewed Chinese central-bank purchases lifted physical demand expectations.
✨ Summary
Buy 3 285-3 305; hold above 3 245 targets 3 435, stretch 3 500. Bias invalidated on a 4 h close below 3 245.
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Gold: Bullish Flag Formation Suggests Further Upside Potential Hello guys, let's dive into Gold analysis!
Gold is currently forming a bullish flag pattern, a continuation formation that typically follows a strong upward impulse (flagpole). After a sharp rally, the price consolidated within a downward channel, creating the classic flag structure.
🔍 Technical Breakdown:
Flagpole: The strong bullish rally in early April marks the beginning of the uptrend.
Flag (Channel): Price has corrected in a downward-sloping channel, respecting both upper and lower bounds, creating a textbook flag pattern.
Breakout Zone: Price is now testing the upper boundary of the flag. A confirmed breakout above this resistance would signal a continuation of the prior uptrend.
🎯 Price Targets:
First Target: Around $3,445, which aligns with the measured move from the breakout point.
Second Target: Around $3,725, representing full flagpole projection from the breakout zone.
📌 Key Levels to Watch:
Breakout Confirmation: A strong 4H close above the flag’s upper boundary (~$3,260) with volume confirmation would validate the pattern.
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Invalidation: A rejection from the resistance and a fall below the channel may delay the bullish scenario, potentially retesting lower support around $3,090.
📊 Conclusion:
This setup favors bulls, but patience is key. Traders may consider waiting for a clear breakout and retest for safer long entries, aiming for the outlined targets.
Gold Finds Support in PRZ – $3,337 in Sight? As I expected in my previous idea , Gold ( OANDA:XAUUSD ) moved towards the Support zone($3,280-$3,245) after breaking the lower line of the ascending channel.
Gold is moving near the Support zone($3,280-$3,245) , Potential Reversal Zone(PRZ) and Monthly Pivot Point .
In terms of Elliott Wave theory , Gold appears to be completing a main wave 4 . The structure of the main wave 4 can be complex . Confirmation of the end of the main wave 4 requires a break of the Resistance lines and Resistance zone($3,387-$3,357) .
I expect Gold to move up after entering the Potential Reversal Zone(PRZ) and the first target could be $3,314 and the second target could be $3,337 . If the momentum is high for Gold, you can consider higher targets for Gold to increase .
Note: If Gold touches $3,245 , we should expect further declines.
Gold Analyze ( XAUUSD ), 2-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
XAUUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
DeGRAM | GOLD under the $3300 level📊 Technical Analysis
● Third touch of the channel’s upper rail near $3 330 printed a shooting-star and price is now riding back under the internal trend-pivot $3 315, restoring a sequence of lower-highs.
● Intraday support from the short-lived wedge has flipped to resistance; acceptance below the $3 284 line exposes the mid-band $3 210 and, if momentum persists, the channel floor/April pivot at $3 120.
💡 Fundamental Analysis
● US 5-yr yield hit a five-week high after Fed’s Williams said policy is “not restrictive enough yet”, while the DXY held near 105 as May jobless claims surprised on the downside. Higher real rates and a firmer dollar keep ETF outflows running.
✨ Summary
Sell rallies ≤$3 315; breakdown under $3 284 targets $3 210 then $3 120. Shorts negated on a 4 h close above $3 350.
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Gold Continues to Decline as USD Strengthens📊 Market Developments:
Gold prices continued to decline on May 29, reaching weekly lows below $3,250/oz. The primary driver is the strong recovery of the US Dollar following a US court's decision on tariffs and cautious FOMC minutes indicating the Fed remains vigilant about inflation, reducing gold's appeal as a safe-haven asset.
📉 Technical Analysis:
• Key Resistance: $3,285 – $3,300
• Nearest Support: $3,240 – $3,230
• EMA: Price is below the 09 EMA, indicating a short-term downtrend.
• Candlestick Patterns / Volume / Momentum: Price has broken below a short-term ascending trendline and is retesting the resistance area, confirming bearish signals.
📌 Outlook:
Gold may continue to decline in the short term if the USD maintains its recovery and the price fails to break above the $3,285 – $3,300 resistance zone.
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💡 Suggested Trading Strategy:
SELL XAU/USD at: $3,275 – $3,285
o 🎯 TP: $3,240
o ❌ SL: $3,305
BUY XAU/USD at: $3,230
o 🎯 TP: $3,270
o ❌ SL: $3,215
DeGRAM | GOLD reached the resistance line📊 Technical Analysis
● Twin rejections inside the 3 300-3 340 supply, exactly where the purple retest line and rising-channel ceiling intersect, have carved a lower high and completed a bearish flag.
● RSI confirms negative divergence and the candle body is back below the 3 284 pivot, favouring a slide toward the channel median at 3 172 and, if broken, the floor/September swing low near 3 100.
💡 Fundamental Analysis
● Upbeat US second-estimate GDP and stronger durable-goods orders pushed 2-yr Treasury yields above 5 %, raising gold’s carry cost, while WGC logs a sixth straight week of ETF outflows and the PBoC reportedly paused reserve buying in May.
✨ Summary
Short below 3 300; objectives 3 172 → 3 100. Invalidate on a sustained close above 3 350.
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XAUUSD Bullish Signal | Technical + Custom Algo📈
This signal is the result of a fusion between classic trend analysis and a proprietary algorithm I’ve personally developed.
First, the system identifies the market trend strictly through technical indicators — no emotional bias, no subjective interpretation.
Next, a custom-built intelligent algorithm analyzes the data to pinpoint optimal entry and exit points, then generates the signal.
🔍 The outcome? A fully data-driven signal — no guessing, no personal bias involved.
📌 Note: This signal is intended for educational and analytical purposes only. Trading is at your own risk.
Gold Enters PRZ and TRZ – Correction is Coming!?Gold ( OANDA:XAUUSD ) moved as I expected in the previous Idea and reached the Resistance zone($3,387-$3,357) and Resistance lines .
Gold is moving near the Resistance lines , Resistance zone($3,387-$3,357) , Potential Reversal Zone(PRZ) and Time Reversal Zone(TRZ) .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks .
In terms of Elliott Wave theory , Gold appears to be completing microwave 5 of Main wave 3 , so Main wave 3 could have an extended structure .
I expect Gold to experience at least one correction after entering the PRZ and TRZ , the correction could continue to $3,329 . If the Support lines are broken, the next target could be the Support zone($3,280-$3,245) .
Note: If Gold touches $3,420, there is a possibility of further pumping and breaking the Resistance zone($3,435-$3,406).
Gold Analyze ( XAUUSD ), 2-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
DeGRAM | GOLD moving in the range📊 Technical Analysis
● Rebound has met triple confluence: the H4 rising-wedge apex, the red 3 300-3 350 supply, and the roof of the broader descending channel – the same zone that capped rallies on 7 & 9 May.
● Bearish divergence appears on RSI while the wedge’s base is rising toward 3 284; a 4 h close beneath it should unlock the channel mid-line/blue trend support at 3 172, then the floor near 3 100.
💡 Fundamental Analysis
● US data stay firm – weekly jobless claims held near 227 k and May flash PMIs beat consensus, keeping 2-yr yields parked just under 5 % and the dollar bid.
● World Gold Council notes a fifth straight week of ETF outflows as higher opportunity cost dents investment demand.
✨ Summary
Fade strength inside 3 300-3 350; wedge breakdown < 3 284 aims 3 172 → 3 100. Shorts invalidated on a sustained H4 close above 3 350.
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Gold Retests Broken Resistance – Is the PRZ Next?As I expected in the previous IDEA , Gold ( OANDA:XAUUSD ) managed to break the Resistance zone($3,280-$3,245) and touched the first target .
Gold appears to be completing a pullback to the Resistance zone($3,280-$3,245) .
On my chart , the Resistance zone($3,280-$3,245) is currently labeled Support zone($3,280-$3,245) .
I expect Gold to move towards the Potential Reversal Zone(PRZ) and Resistance lines after the pullback is completed .
Note: If Gold touches $3,243 , we should expect a drop.
Gold Analyze ( XAUUSD ), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
DeGRAM | GOLD coming to the border of the channel📊 Technical Analysis
● Price is back at the channel’s mid-band after two “false-break” spikes off the floor; every triangle that resolved upward inside 3 300-3 350 has been faded, preserving the series of lower-highs.
● Today’s run tags the slanted supply (3 330-3 350) while 1-h candles print bearish wicks and RSI stalls below its May peak – a momentum squeeze that usually precedes rotation to 3 284 support, then 3 210/3 120 at the base.
💡 Fundamental Analysis
● US durable-goods orders beat and Fed minutes repeated “higher for longer”, pushing 2-yr yields above 4.95 % and reviving ETF outflows (WGC), both headwinds for non-yielding gold.
✨ Summary
Sell 3 300-3 340; first targets 3 284 ➜ 3 210, stretch 3 120. Invalidate on hourly close above 3 350.
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XAUUSD and GBPJPY analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Momentum shift: bulls take control with the clean break outAfter a consolidation and indecision phase, price eventually broke out of the range with good bullish momentum, signifying a probable continuation of the trend. The breakout candle closed above the resistance level, making it a new support area (entry zone). This is in line with prior structure and volume accumulation.
Entry Zone: 3,258 – 3,261
Stop Loss (SL): Below 3,255 to guard against false breaks
Take Profit 1 (TP1): 3,264 (important resistance re-test)
Take Profit 2 (TP2): 3,267 (former swing high)
This setup has a good risk-reward and is consistent with the sentiment after a liquidity pull from lower levels.
Reminder: Wait for a small retracement or confirmation prior to entry to minimize drawdown. Suitable for breakout traders who want to capture momentum early.
DeGRAM | GOLD triangle volume reduction📊 Technical Analysis
● A lower-high formed at $3 280 re-entered the red supply and slid back beneath the blue trend-line, converting last week’s “break-out” into a bull-trap.
● Price is compressing in a bear-flag whose base rests on $3 200; a 1 h close below it exposes the descending-channel floor/ horizontal support at $3 100.
💡 Fundamental Analysis
● FOMC minutes stressed rates may stay “restrictive for some time”, lifting 2-yr yields to 4.9 % and firming the USD, while the World Gold Council logged a 6-tonne ETF outflow on 17 May, signalling weaker investment demand.
✨ Summary
Sell rallies into 3 230-3 250; flag break targets 3 200 ➜ 3 100, risk capped above 3 280.
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Bullish Inflation Data Fuels Gold Rebound — Impulsive Waves!?Gold ( OANDA:XAUUSD ) started to fall from the Resistance zone($3,280-$3,245) as I expected in the previous idea , but 50_SMA(Daily) and Support lines were able to hold Gold .
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Today, key U.S. economic data was released:
Core PPI m/m: -0.4% (vs. 0.3% forecast)
Core Retail Sales m/m: 0.1% (vs. 0.3% expected)
PPI m/m: -0.5% (vs. 0.2% forecast)
Retail Sales m/m: 0.1% (in line)
Unemployment Claims: 229K (as expected)
Outlook :
The weaker-than-expected inflation data, especially the PPI figures, indicate easing inflationary pressures. This may increase expectations for potential Fed rate cuts, which generally supports gold as a non-yielding asset.
Conclusion :
Today’s data is overall bullish for gold. Watch for continued upside if sentiment shifts further toward dovish Fed expectations. However, keep an eye on upcoming Fed commentary for confirmation.
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Gold is moving above the Heavy Support zone($3,200-$3,136) and has managed to break the Resistance lines .
In terms of Elliott Wave theory , Gold seems to have completed the corrective waves , and we can expect the start of an impulsive wave . Breaking the Resistance zone($3,280-$3,245) can be a good sign for the start of an impulsive wave and a gold pump .
I expect Gold to start rising again after a pullback to the Resistance lines(broken) , probably from the Fibonacci Levels inside the chart , and attack the Resistance zone($3,280-$3,245) .
Note: If Gold touches $3,154 , we can expect more dumps.
Gold Analyze ( XAUUSD ), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
XAUUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.