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Goldtechnicalanalysis

Short gold after reboundOvernight, gold broke through the 3400 mark due to the intensification of geopolitical risks, but plunged sharply due to the reduction of the risk of Sino-US trade decoupling. Because the news swept up and down, it brought certain difficulties to the transaction. Today, we will focus on the NFP market! After overnight gold plunged to around 3340, it is currently maintaining a small rebound state. Relatively speaking, the rebound potential is weak, and with the sharp plunge of gold in the short term, the market bulls' confidence has been hit. At present, without major good news, it is difficult to make breakthrough progress based on technical support alone. The upper side faces short-term resistance of 3365-3375 area resistance. If gold cannot break through this area in the short term, gold will be weak! Trading strategy: Consider shorting gold in the 3370-3380 area, TP: 3355-3345
OANDA:XAUUSDShort
by Steffen_Schade
Under pressure in the short term, short gold after rebound!In the short term, gold has risen sharply under the simultaneous stimulation of tariffs and geopolitical conflicts, but it has gradually fallen back after reaching around 3392, and has not broken through the 3400 mark in one fell swoop, indicating that the bullish momentum does not have the potential to continue to rise for the time being, so it may still need a certain degree of technical support, so gold has a need to retrace in the short term; In addition, if gold continues to retrace, then there may be a structural form at the technical level that offsets the short-term double bottom structure support, so gold may also form a double top structure in the short term. The first thing we need to pay attention to is the resistance near 3370, followed by the resistance near 3390; and below we must first pay attention to the support near 3345, followed by the 3330-3320 support area. Trading strategy: 1. Consider continuing to short gold in the 3370-3380 area, TP: 3355-3345; 2. If gold first retreats to the 3345-3335 area and does not fall below this area, consider going long on gold; TP: 3360-3370
OANDA:XAUUSDShort
by Steffen_Schade
Trading opportunities after gold accelerates its rallyTechnical analysis: Gold has risen sharply and has broken through the resistance areas near 3330 and 3355. In the short term, gold has formed an upward force and has a clear willingness to rise. At present, gold bulls still have the potential to continue to test the 3370-3380 area. As gold rises and breaks through, the 3340-3330 area below has become a strong support in the short term; if gold cannot fall below this support area during the retracement, gold may even continue to rise and try to hit the 3405-3415 area. Trading strategy: 1. Consider going long on gold after gold retreats to the 3340-3330 support area, TP: 3360-3370; 2. Consider going short on gold in small quantities after gold first touches the 3370-3380 area, TP: 3355-3345.
OANDA:XAUUSDLong
by Steffen_Schade
2
Market Analysis: Gold Price Could Gain Bullish PaceMarket Analysis: Gold Price Could Gain Bullish Pace Gold started a fresh increase above the $3,300 resistance level. Important Takeaways for Gold Price Analysis Today - Gold price started a steady increase from the $3,250 zone against the US Dollar. - A connecting bearish trend line is forming with resistance at $3,318 on the hourly chart of gold at FXOpen. Gold Price Technical Analysis On the hourly chart of Gold at FXOpen, the price found support near the $3,250 zone, formed a base, and started a fresh increase above the $3,280 level. The bulls cleared the $3,300 zone and the 50-hour simple moving average. There was also a move above the 61.8% Fib retracement level of the downward move from the $3,331 swing high to the $3,271 low. The RSI is now above 50 and the price could aim for more gains. Immediate resistance is near the 76.4% Fib retracement level of the downward move from the $3,331 swing high to the $3,271 low at $3,318. There is also a connecting bearish trend line forming with resistance at $3,318. The next major resistance is near the $3,330 level. An upside break above the $3,330 resistance could send Gold price toward $3,382. Any more gains may perhaps set the pace for an increase toward the $3,400 level. Initial support on the downside is near the $3,300 zone. If there is a downside break below the $3,300 support, the price might decline further. In the stated case, the price might drop toward the $3,270 support. The next major support sits at $3,250. Any more losses might send the price toward the $3,220 level. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:XAUUSD
by FXOpen
1
GOLD (XAUUSD): Detailed Daily Time Frame Analysis Gold is officially in correction now. Analysing a price action on a daily time frame, we can see a valid bullish flag pattern. A minor trend that we see within the boundaries of the flag reflects a global overbought state of the market. The upper boundary of the flag is a strong vertical resistance that concentrates a selling interest. An accurate signal of a resumption of a bullish trend will be a breakout and a candle close above that. A bullish wave will be expected at least to 3420 then. Remember that we can not predict how long the market will keep trading within the flag. Also, the market may easily drop lower within that, updating the low. If a correction continues below the low of a flag pole, that may signify a global bearish reversal. Of course, from a current geopolitical and economic perspective it is a low-probability scenario. ❤️Please, support my work with like, thank you!❤️
FOREXCOM:XAUUSDLong
by VasilyTrader
1
Is Gold’s Recovery Pausing or Gaining Momentum?Macro approach: - Gold rebounded sharply from mid-May lows, fueled by renewed safe-haven demand following Moody’s downgrade of the US credit rating. - However, the rally lost momentum near a two-week high as profit-taking and easing US-EU trade tensions cooled demand. - Longer-term fundamentals remain supportive, with persistent central bank buying, particularly from China, underpinning bullish sentiment. Technical approach: - Technically, XAUUSD broke above its descending channel and retested the breakout. The price remains range-bound between 3285 and 3560, and we await a clear breakout. - Closing above 3560 could open to 3430. - On the contrary, a break below 3285 risks a decline toward 3135. Analysis by: Dat Tong, Senior Financial Markets Strategist at Exness
ICMARKETS:XAUUSDLong
by DatTong
2
As gold's rally stalls, do bears have a chance?Technical aspect: Gold is currently fluctuating in a narrow range around 3310, and the short-term direction is not clear. However, the rebound potential is relatively weak, but for the London market, gold's willingness to retreat is not strong; however, from a technical perspective, the current gold structure is still biased towards bulls, and gold still has the potential to continue to rebound to the area around 3330, or even the area around 3350; However, after the rise of gold stagnates, we still cannot aggressively chase gold in trading, one is to prevent technical retracement after the sharp rise of gold; the other is to prevent the retracement of gold in order to grab liquidity after the rise of gold stagnates. In the short term, the support area we must pay attention to is in the 3285-3275 area, followed by the 3260-3250 area. If gold cannot break through the 3320-3330 area in the short term, gold may still continue to test the support area. Trading strategy: 1. If gold still cannot effectively break through the area around 3320 in the short term, you can consider trying to short gold in small quantities around 3310-3320; TP: 3280-3270, set up protection to prevent gold from continuing to rise to 3330 or even 3350; 2. Consider going long on gold when gold retreats to the 3285-3280 area, set up protection to prevent gold from continuing to retreat to the 3260 area.
OANDA:XAUUSDLong
by Steffen_Schade
Buy gold, it is expected to hit 3280-3290Fundamentals: 1. Focus on the speeches of Fed officials; 2. Pay attention to Trump's calls with Putin, Zelensky and others; Technical aspects: Gold continued its rebound momentum today, but failed to break through the short-term resistance area of ​​3250-3260 many times. However, after multiple tests, it will become easier to break through this area. According to the current structure, gold rebounded from around 3120, and then built a secondary low point structure around 3154. Today, during the Asian session, it built a structural retracement area around 3206 again. As the low point is continuously raised, an obvious bullish structure is formed in the short term. For short-term trading, we can start to try to go long on gold based on the structural form; if gold successfully breaks through the 3250-3260 area, gold will continue to the 3280-3290 area, or even the area around 3320. Trading strategy: Consider going long on gold after gold retreats to the 3225-3215 area, TP: 3250-3260
OANDA:XAUUSDLong
by Steffen_Schade
GOLD (XAUUSD): Support & Resistance Analysis For Next Week Here is my latest structure analysis and important supports & resistances for Gold for next week. Support 1: 3120 - 3167 area Support 2: 2957 - 2982 area Resistance 1: 3193 - 3238 area Resistance 2: 3427 - 3425 area Resistance 3: 3483 - 3501 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDLong
by VasilyTrader
1
Is there still a chance for short sellers to make a profit?At present, gold continues to rebound to around 3230, and the intraday rebound has reached $100. Today, both short trades have touched SL, giving back most of the profits of the long positions in the morning. So are there still opportunities for shorts to make profits? I think there are still considerable profit opportunities for shorts. Although gold has rebounded strongly to around 3230, it will soon face the short-term resistance area of ​​3240-3245, which happens to be the 38.2% split area when it retreats from 3435 to 3120, so this area has a certain suppression effect on gold in the short term! Then there is the suppression effect of the area around 3260; so I think there are still considerable profit opportunities for gold shorts. As gold rebounds, the short-term support below is raised to 3200-3190, followed by 3175-3165. Trading strategy: Consider trying to short gold in the 3235-3245 area, TP: 3200-3190
OANDA:XAUUSDShort
by Steffen_Schade
3
GOLD (XAUUSD): Detailed Technical Outlook & Trading Plan As we discussed on the yesterday's live stream, Gold is currently in a consolidation stage. The price is stuck within a wide horizontal channel on a daily and we see a test of its support at the moment. With the absence of high impact news in the economic calendar, I assume that a consolidation will continue and there is a high chance to see a pullback. Your confirmation signal will be a bullish breakout and a 4H candle close above 3271 - upper boundary of the intraday horizontal range. There will be a strong possibility of a rise to at least to 3320 level. Alternatively, a bearish violation of a support of the range on a daily and a daily candle close below that may trigger a further decline. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDLong
by VasilyTrader
3
Firmly bullish on gold to 3280-3290 areaAs the trading strategy I published in my last article, I am still holding my gold long position. Obviously, I am confident that gold still has the potential and space to rebound. Gold just hit a low of around 3226 during the decline, and did not break the "W" shape structure formed by the recent low of 3207 and the second low of 3215. The oscillating upward structure remains intact, which is conducive to the continued rise of gold; the foreseeable resistance area in the short term is in the 3280-3290 area. Once this area is broken, the area around 3320 is just around the corner! Trading strategy: At present, our gold long position has made very good profits, continue to hold it, and let gold fly for a while! TVC:DXY FOREXCOM:XAUUSD OANDA:XAUUSD CAPITALCOM:GOLD
OANDA:XAUUSDLong
by Steffen_Schade
CPI data market, buy gold!Fundamentals: Focus on CPI; Technical aspects: As expected in my previous article, gold has rebounded to the area around 3250-3260 as expected.According to the current structure, gold tends to fluctuate upward in the short term; it may even extend to the 3280-3290 area.Gold rebounded after touching 3207, and combined with the secondary low point near 3215 to form a "W" structure. This technical structure has formed a strong support structure for gold prices; and after the bad news is exhausted, the on-site wait-and-see funds will gradually enter the market, which will also push up the gold price to a certain extent. So I think gold still has the conditions to challenge the 3280-3290 area! Trading strategy: Consider starting to go long on gold in batches in the 3250-3240 area, target price: 3270-3280
OANDA:XAUUSDLong
by Steffen_Schade
Start going long on goldAt present, the trend of gold is relatively calm, but as gold rebounds, a certain support strength has been shown below; and the short-term negative news has all appeared, and gold needs to rebound at the technical level. Therefore, I think we can try to go long on gold in small batches in the current area of ​​3230-3220, and expect gold to continue to rebound to the 3250-3260 area, or even the 3280-3290 area. Trading strategy: Try to start going long on gold in small batches in the 3230-3220 area; TP: 3250-3255
OANDA:XAUUSDLong
by Steffen_Schade
Gold is expected to fall below 3300, continue to short gold！Fundamentals: 1. Pay attention to whether the geopolitical conflicts escalate, including the situation between India and Pakistan, Russia and Ukraine, and the situation between the United States and Iran, etc. Technical aspects: Although the gold price gradually rebounded after hitting 3320 points, the current rebound momentum is relatively weak. The gold price has turned from strong to weak, and the short-term "M"-shaped top structure formed by 3435 points and 3414 points above has suppressed the upward space of the gold price. Therefore, we still focus on shorting gold after the rebound. First, we focus on the resistance area of ​​3355-3365 points above. If the gold price rebound fails to successfully break through this area, the gold price will fall again and is expected to continue to fall to around 3280 points. Trading strategy: Consider shorting gold after gold rebounds to the 3355-3365 area, target price: 3340
OANDA:XAUUSDShort
by Steffen_Schade
3
GOLD (XAUUSD): Trading Plan BEFORE FOMC Gold bounced yesterday, as I predicted. Today, we see a retest of a broken daily resistance that turned into support after a breakout. BEFORE FED Rate Decision today, there is another opportunity to buy Gold: I see a double bottom pattern on an hourly time frame. Bullish violation of its neckline and an hourly candle close above 3394 will provide a strong intraday confirmation. It will push the prices at least to 3429 level. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDLong
by VasilyTrader
2
GOLD (XAUUSD): Your Plan to Buy The recent fundamentals pumped Gold prices again. The market is currently trading above a significant daily resistance. To confirm a validity of a breakout and to avoid a trap, I suggest paying close attention to a minor horizontal range on a 4H time frame. Your signal to buy will be a 4H candle close above 3388. It will confirm a breakout and increase the chances that the price will go up. Goal will be 3435 ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDLong
by VasilyTrader
2
Buy gold, it may continue to rise to 3400-3420!Fundamentals: Focus on Trump and the Fed’s dynamics; Technical aspects: Gold rose to the 3380 area as expected, and even exceeded expectations to 3387. Since gold rebounded near 3222, the willingness to retreat during the rebound was not strong. The lows were constantly raised, and the highs gradually broke upward, which was a very typical shock rise pattern. As the center of gravity of gold shifted upward, the short-term resistance moved up to the 3350-3340 area. Once gold hits this position and rebounds, it may continue to rise to the 3400-3420 area. Trading strategy: Consider the opportunity to go long on gold after gold retreats to the 3350-3340 area, TP: 3380
OANDA:XAUUSDLong
by Steffen_Schade
GOLD (XAUUSD): Support & Resistance Analysis For Next Week Here is my latest structure analysis for Gold. Resistance 1: 3260 - 3288 area Resistance 2: 3350 - 3386 area Resistance 3: 3482 - 3501 area Support 1: 3191 - 3210 area Support 2: 3135 - 3167 area Support 3: 2956 - 2981 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDShort
by VasilyTrader
1
Gold TechnicalsThis chart outlines a potential bullish breakout scenario for XAUUSD on the 1-hour timeframe. Price has been respecting a descending trendline, but recent upward momentum has brought it back to a key decision point near the trendline resistance. The circled area labeled "BOS" (Break of Structure) suggests a possible shift in market structure from bearish to bullish if price breaks and sustains above that zone. The main expectation is for price to push higher toward the upper resistance around 3,320 if the breakout confirms, offering a swing or intraday long opportunity. However, the alternative scenario (marked with a red arrow) highlights that failure to break the trendline could result in a rejection and continuation of the downtrend toward the 3,180–3,160 support zone. RSI near mid-levels supports the idea that price still has room to move in either direction, emphasizing the importance of watching price behavior at the breakout point.
OANDA:XAUUSDLong
by xxChartWhizxx
Gold is expected to rebound to the 3270-3275 areaFundamentals: Focus on today's NFP market; Technical aspects: Gold stopped falling near 3200 and gradually rebounded, and has now rebounded to around 3240. As for this round of rebound, I have actually made it clear in my previous opinion that the bulls and bears are wrestling at the 3200 mark, and there will still be repeated in the short term, and after the downward trend slows down, some trapped bulls must have self-rescue behaviors, so it is not surprising that gold has rebounded. From the current structure, gold has not shown a clear bottoming signal, so the gold rebound is only temporary, and gold will continue to fall after the rebound. From the perspective of frequent switching of intervals, since gold has broken through the area near 3235 during the rebound, the rebound may continue, and is expected to continue to the area near 3270-3275. After breaking through this area, it is even expected to continue to around 3290. This is the position area where we must focus on entering the short position. Trading strategy: 1. Consider buying gold in the 3235-3230 area, TP: 3245-3255; pay attention to setting protection. 2. Consider selling gold in batches after gold rebounds to the 3270-3275 area, TP: 3240-3230
OANDA:XAUUSDLong
by Steffen_Schade
The bearish trend is obvious, 3180 is foreseeable!Fundamentals: Focus on US economic data and Fed dynamics; Technical aspects: After gold fell below the recent low support area of ​​3260, the bearish trend became more obvious. Although gold has stopped falling near 3220, there is no obvious sign of bottoming out. From the current structure, gold still has room to fall, and the area near 3180 can be foreseen in the short term. However, after a sharp drop in gold, there may still be repetitions in the short term, so it is not advisable to over-short gold for the time being. Gold still has the possibility of a short-term rebound to the 3245-3255 area. Trading strategy: 1. Consider waiting for gold to rebound to the 3245-3255 area before shorting gold; TP: 3235-3225; 2. Consider trying to go long on gold in small batches in the 2330-2320 area, TP: 3245-3255, and then short gold after reaching the target area.
OANDA:XAUUSDShort
by Steffen_Schade
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.
OANDA:XAUUSDLong
by Steffen_Schade