How to plan when gold’s rise encounters resistance🗞News side:
1. Pay attention to the recent trade situation and news about the Fed's interest rate cuts
2. Be wary of DXY trends
3. The situation of the Russian-Ukrainian war and the follow-up events of the India-Pakistan conflict
4.Trump imposes 100% tariff on non-US films
📈Technical aspects:
Compared with today's market, the morning rise happened to be a sideways price, breaking through the previous high point. In a volatile rise, it doesn't matter. It is very likely that in the later trend, the price will return to the starting point or even lower, but it can continue to rise. This is a feature of the shock. At the same time, the current market is not extremely strong, and it is still in a volatile rise. Therefore, do not chase long, but retrace as much support as possible.
🎁SELL 3315-3325
🎁TP 3280-3270
🎁BUY 3270-3280
🎁TP 3300-3310
If you agree with this point of view, or you have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
OANDA:XAUUSD FX:XAUUSD FXOPEN:XAUUSD FOREXCOM:XAUUSD TVC:GOLD
Metals
XAU/USD: NFP has come,What's Next? (READ THE CAPTION)By analyzing the gold chart on the 1-hour timeframe, we can see that after yesterday’s analysis, the price successfully rallied from $3231 to $3268. Once it reached that zone, selling pressure kicked in, and gold has since corrected down to $3239.
If gold stabilizes below $3257, we may expect further downside. The potential bearish targets are $3237 and $3221.
Keep a close eye on the $3209–$3220 zone, as price reaction there could be significant.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
BTCUSDT - Potential Long Setup Developing from FVG and Fib levelOverview:
Bitcoin (BTCUSDT) on the 1H timeframe is currently exhibiting a controlled retracement following a local top. This structure presents a potential opportunity for a long setup based on confluence between an FVG (Fair Value Gap) and key Fibonacci retracement levels. The chart highlights a likely scenario where price may continue to correct lower into a defined area of interest before resuming bullish momentum.
Market Context:
After a strong impulsive move upward, BTC appears to be in a corrective phase. The recent price action has formed a series of lower highs and lower lows, which is characteristic of a short-term downtrend within a broader uptrend context. This kind of pullback behavior is often necessary for healthy continuation to the upside and can offer high-probability entries for trend continuation traders.
Fair Value Gap (FVG):
A notable fair value gap has been identified in the 94,250–94,700 zone. This zone represents an inefficiency in the market where price rapidly moved without significant opposition, leaving behind a gap between wicks of adjacent candles. Price often returns to such areas to rebalance order flow before making its next decisive move.
Fibonacci Confluence:
The chart includes key Fibonacci retracement levels drawn from the recent swing low to swing high.
* The 0.618 Fibonacci retracement level lies just above the FVG, providing strong technical confluence.
* The 0.65 level is marked as the ideal entry zone and sits within the FVG, further validating it as a high-probability support region.
* The 0.786 level is also marked, and although deeper, it represents the final line of defense for this bullish scenario.
Anticipated Price Action:
A bullish projection is illustrated on the chart where price is expected to:
1. Continue declining toward the 0.65–0.618 Fibonacci confluence zone.
2. Wick into the FVG and reject from that level.
3. Form a short-term higher low structure and push back to reclaim prior structure highs.
4. Confirm bullish structure continuation with an impulsive breakout from the descending channel.
Market Structure and Liquidity Outlook:
The broader structure remains bullish on higher timeframes. The retracement into the FVG would serve the dual purpose of:
* Grabbing liquidity below recent lows.
* Mitigating unfilled buy-side inefficiency.
Such a development would suggest that institutional participants are filling long orders in the discounted price region, setting the stage for a potential continuation of the broader bullish trend.
Key Technical Zones:
* FVG Zone: 94,250 – 94,700
* Fibonacci Confluence: 0.618–0.65 retracement levels
* Liquidity Pool: Below current swing lows leading into the FVG
Conclusion:
BTCUSDT is approaching a critical decision zone. A move into the FVG combined with Fibonacci retracement confluence presents an attractive area for potential long entries. Confirmation of bullish reversal structure within this zone could offer a strong trade opportunity in alignment with the broader trend. Patience and precision will be key in waiting for the price to tap into this area and show intent to reverse.
GOLD Technical Analysis - Deeper Pullback in PlayOANDA:XAUUSD remains within a broader ascending channel, but recent price action suggests that the market is undergoing a deeper corrective phase. Following a prolonged bullish rally, price appears overextended and is now pulling back more decisively.
This correction aligns with expectations for a healthy retracement after such strong upward momentum. I anticipate that the pullback will extend further toward the $3,160 level, a key technical level defined by the confluence of horizontal support, ascending trendline support, and the 0.618 Fibonacci retracement of the latest bullish impulse.
This zone will be critical for determining whether the broader bullish structure remains intact. If price holds at this level and shows signs of reversal, it may present a strong re-entry opportunity for buyers. However, a decisive break below this zone would invalidate the current bullish structure and open the door to a deeper correction.
Always confirm your setups and trade with a proper risk management.
Best of luck!
XAUUSD Channel Up intact and targeting the 1D MA50.Gold (XAUUSD) has been trading within a Channel Up since the October 30 2024 High and is currently on its latest technical Bearish Leg. The last pull-back tested the 1D MA50 (blue tend-line) before rebounding again.
As you can see the Low that this pull-back made was also on the 0.618 Fibonacci retracement level. On the current Bearish Leg, the 0.618 Fib is at 3155 and can make contact with the 1D MA50 within 1 week. That is our short-term Target, but depending on the Fed Rate Decision on Wednesday, it may be achieved earlier.
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GOLD MARKET ANALYSIS AND COMMENTARY - [May 05 - May 09]This week, the international OANDA:XAUUSD has dropped sharply from 3,352 USD/oz to 3,201 USD/oz and closed the week at 3,240 USD/oz.
The reason for the sharp drop in gold prices is that US President Donald Trump said that the US is about to reach a trade agreement with India, Japan, South Korea, and is likely to reach a trade agreement with China, although the two sides have not had any official negotiations.
In addition, an equally important factor is that China is on holiday from May 1 to May 5, so the demand for transactions in the world's largest gold consuming country is almost non-existent. While they have been continuously buying before even though the gold price was high.
The FED meeting on May 6-7 may have a strong impact on gold prices next week. US GDP in the first quarter grew by -0.3%, while the labor market still has potential tariff risks; inflation remains stable at a high level. With these data, it is likely that the FED will maintain interest rates at current levels, but may signal that a rate cut is coming soon. According to many experts, if the FED signals that it will cut interest rates after the meeting next week, it will push gold prices to recover next week. On the contrary, if the FED maintains a wait-and-see attitude, declaring that it is not in a hurry to cut interest rates, then gold prices next week may continue to adjust.
🕹SOME DATA THAT MAY AFFECT GOLD PRICES THIS WEEK:
Next week, all eyes will be on the Federal Reserve’s monetary policy meeting on Wednesday, with an interest rate decision and a press conference from Chairman Jerome Powell following keynote remarks earlier in April.
Fed officials will then continue their participation in the Reykjavik Economic Conference in Iceland on Friday. Fed Governors Michael Barr, Lisa Cook, Philip Jefferson and Christopher Waller will be present at the conference as speakers in panels on topics including artificial intelligence, employment and monetary policy research.
In addition, investors will also watch the ISM services PMI on Monday morning and the weekly jobless claims number on Thursday.
📌Technically, if gold prices fall below $3,200/oz next week, there is a possibility of a further decline to $3,129/oz. A deeper correction could see gold prices fall to $2,980-$3,000/oz next week. If gold prices reverse and break the $3,270/oz barrier, they could continue to rise above $3,350/oz.
Notable technical levels are listed below.
Support: 3,228 – 3,163USD
Resistance: 3,245 – 3,267 – 3,292 – 3,300USD
SELL XAUUSD PRICE 3311 - 3309⚡️
↠↠ Stop Loss 3315
BUY XAUUSD PRICE 3119 - 3121⚡️
↠↠ Stop Loss 3115
Gold (XAU/USD) - Bullish Reversal Pattern in Play Hello guys!
Let's analyze Gold!
Gold has recently broken out of a descending wedge pattern, a classic bullish reversal signal, with confirmation coming from a clear bullish divergence near the $3,200 zone. After reaching the target of the descending pattern, the price rebounded sharply and is now forming an ascending channel.
Currently, the price is approaching a key resistance zone around $3,280–$3,290. If bulls manage to push through this level, we could see a rally toward the next major resistance around $3,320 and beyond.
🔍 Key Points:
✅ Descending wedge breakout confirmed
✅ Bullish divergence near the bottom signals a momentum shift
✅ Price respecting ascending channel structure
📈target of long position: $3,290–$3,320
📉 target of short position and the entry for long: $3,240 zone
Outlook: Bullish bias remains valid as long as the price is above the $3,240–$3,250 support area. Watch for a breakout above resistance for further upside continuation.
GOLD recovers to initial target, confirmation point continuesOANDA:XAUUSD surged in the first half of trading on Monday (May 5), briefly surpassing the $3,270/ounce mark and marking a daily gain of more than $30. as uncertainty over U.S. tariffs spurred safe-haven flows, supporting gold prices. The Federal Reserve’s interest rate cut in June is also boosting the appeal of non-yielding gold.
Bloomberg reported on Monday that US President Donald Trump plans to impose a 100% tariff on all foreign-made films, which is not a huge deal, but it does escalate the trade war. "I am authorizing the Department of Commerce and the United States Trade Representative to immediately begin proceedings to impose a 100% tariff on all foreign-made films imported into the United States," Trump wrote on his Truth Social social media platform. "We want our movies made in the USA again!"
Gold prices have risen nearly 25% this year, hitting a record high above $3,500 an ounce in April, but have retreated in recent weeks. Bloomberg notes that factors driving gold’s recent rally include safe-haven buying fueled by Trump’s destructive trade and geopolitical policies, as well as speculative demand from China and buying by global central banks.
According to CME's "Federal Reserve Watch" on May 5: The probability of the Federal Reserve keeping interest rates unchanged in May is 96.8%, and the probability of cutting interest rates by 25 basis points is 3.2%.
The probability of the Federal Reserve keeping interest rates unchanged until June is 63.3%, the probability of cutting interest rates by 25 basis points is 35.6%, and the probability of cutting interest rates by 50 basis points is 1.1%.
Technical outlook analysis OANDA:XAUUSD
On the daily chart, gold is still bullish as the price action remains above the important support EMA21. At the same time, the price channel that is noted as the main long-term trend channel remains stable.
On the other hand, the Relative Strength Index (RSI) is also showing signs of weakness as it falls to approach the 50 level, which is noted as the closest support in terms of momentum.
Going forward, if gold rebounds above $3,245, it could rebound to the short-term target of $3,267, more than the 0.382% Fibonacci retracement level, and then the full price point of $3,300.
As long as gold remains within the price channel, its long-term trend remains bullish, but the risk of a deeper correction is when the 0.50% Fibonacci retracement level is broken below, once this level is broken below gold is at risk of further selling to $3,163 in the short term. This also means that technically gold is in an ideal support area for bullish expectations, long positions should be protected below the 0.50% Fibonacci retracement level.
In the coming period, gold has technical conditions that favor a bullish recovery, and the notable points will be listed as follows.
Support: 3,245 – 3,228USD
Resistance: 3,267 – 3,270 – 3,292USD
SELL XAUUSD PRICE 3304 - 3302⚡️
↠↠ Stop Loss 3310
→Take Profit 1 3296
↨
→Take Profit 2 3290
BUY XAUUSD PRICE 3173 - 3175⚡️
↠↠ Stop Loss 3169
→Take Profit 1 3181
↨
→Take Profit 2 3187
Hanzo | Gold 15 min Retest 3275 – Confirm the Next Bullish Move🆚 Gold – Hanzo’s Strike Setup
🔥 Timeframe: 15-Minute (15M)
——————
💯 Main Focus: Bullish Retest at 3275
We are watching this zone closely.
———
Analysis
👌 Market Signs (15M TF):
• Liquidity Grab + CHoCH at 3265
• Liquidity Grab + CHoCH at 3318
• Strong Rejections seen at:
➗ 3270 – Major support / Key level
➗ 3325 – Proven resistance
🩸 Key Zones to Watch:
• 3272 – 🔥 Bullish breakout level X 7 Swing Retest
• 3325 – Strong resistance (tested 5 times)
• 3270 – Equal lows
• 3328 – Equal highs
Hanzo | Gold 15 min Retest 3275 – Confirm the Next Bullish Move
How to arrange when gold fluctuates upward🗞News side:
1. Pay attention to the recent trade situation and news about the Fed's interest rate cuts
2. Be wary of DXY trends
3. The situation of the Russian-Ukrainian war and the follow-up events of the India-Pakistan conflict
4.Trump imposes 100% tariff on non-US films
📈Technical aspects:
In the morning, we seized the opportunity to short and earn a wave of profits. Then gold fell back to 3255 and rebounded again, moving upward in a fluctuating manner. From the hourly chart, Friday's low was around 3220 and today's high was around 3270. In this trend, 3255 may be the short-term low for short-term trading. From the daily chart, gold has closed the cross star. The current gold price is more critical. If it breaks through 3285, it may continue to rise to the 3295-3300 line. If the gold price fails to effectively break through 3285, it may usher in a wave of retracement. It will be a good time for us to go long.
If you agree with this point of view, or you have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
TVC:GOLD FOREXCOM:XAUUSD FXOPEN:XAUUSD FX:XAUUSD OANDA:XAUUSD
GOLD SENDS CLEAR BEARISH SIGNALS|SHORT
GOLD SIGNAL
Trade Direction: short
Entry Level: 3,270.07
Target Level: 3,197.87
Stop Loss: 3,317.86
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 2h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Silver H4 I Bearish Reversal Based on the H4 chart, the price is rising toward our sell entry level at 32.46, a pullback resistance.
Our take profit is set at 31.50, a pullback support that aligns with the 50% Fibo retracement.
The stop loss is set at 33.15, an overlap resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
XAUUSD H4 | Bearish Reversal Based on the H4 chart, the price is approaching our sell entry level at 3275.86, a pullback resistance that aligns with the 50% Fibo retracement.
Our take profit is set at 3222.63, an overlap support.
The stop loss is set at 3314.24, a swing high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Gold Setup: Range or Rip? Here's the PlaybookGold’s been on a tear lately — driven by safe haven demand as real yields soften and global uncertainty lingers.
But here’s where things get interesting...
We’re now watching what could be a textbook head and shoulders pattern start to take shape.
📊 Current Range:
Right now, price is stuck between 3380 and 3280 — and it’s acting like it knows it.
⚡ Possible Scenarios:
🔁 Scenario 1: Range Play
Short near 3380
Long near 3280
Let it ping-pong and catch the edges.
📈 Scenario 2: Breakout Long
Confirmation above 3380
Look for momentum follow-through into 3420+
📉 Scenario 3: Breakdown Short
Break below 3280
Eyes on the 3220s for a potential flush
🧠 The key? Drop to the lower time frames near these zones and wait for clean setups during active sessions — especially NY open or post-data volatility.
💬 How are you playing this? Breakout or bounce? Drop your take 👇
#gold #tradingview #futures #technicalanalysis #metals #xauusd #tradingstrategy #macro