Gold Prices Stay Fundamentally Strong Despite Profit-TakingMacro:
- Gold prices corrected as investors took profits following a brief consolidation near recent highs but maintained an upward bias amid uncertainty over Trump's tariffs and policy plans.
- Meanwhile, strong ETF inflows and weak US economic data, reinforcing rate cut expectations for Jul, supported gold prices.
- All focus is on this week's core PCE release to gauge gold's short-term direction.
Technical:
- XAUUSD topped out around 2952, confluence with the 200% Fibo Extension. The price is still above both EMAs and the ascending trendline, indicating the upward structure is still intact.
- If XAUUSD breaks below the ascending trendline and the support at 2880, the price may prompt a further correction to retest the following support at 2790.
- On the contrary, if XAUUSD stays above 2880, the price may retest the previous swing high of around 2952.
Analysis by: Dat Tong, Senior Financial Markets Strategist at Exness
Xauusd(w)
Hellena | GOLD (4H): LONG - resistance area 3000.Dear colleagues, I believe that the price will still continue the upward movement and there are a couple of reasons for that.
First, the price has not completed the five-wave movement.
Secondly, 3000 is a psychological level, which is not far away and I believe that it will be reached.
Therefore, I assume a small correction, but then I expect an upward movement to the resistance area of 3000.
Gold (XAU/USD) – Bullish Breakout Ahead? 🔍 Technical Breakdown:
Gold has respected the key demand zone at 2,911 – 2,916, forming a strong base for a potential bullish continuation.
The recent correction followed a complex wave pattern, completing an ABCDE structure before bouncing.
The price is now moving towards the 161.8% Fibonacci extension at 2,992, a key upside target.
📊 Momentum Indicators:
The Stochastic Oscillator is recovering from lower levels, signaling renewed bullish momentum.
A break above recent highs could accelerate upside movement toward the psychological $3,000 mark.
🔥 Trading Outlook:
Bullish Bias: As long as Gold holds above 2,911, the upside structure remains intact.
Upside Target: 2,992 – 3,000 based on Fibonacci confluence.
Invalidation: A sustained break below 2,911 could shift momentum bearish.
📢 Are You Bullish on Gold? Comment below & hit Boost if you’re riding this move! 🚀✨
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+150 pips Best Level to Short EURNZD from Resistance🔸Hello traders, let's review the H2 chart for EURNZD today. Trading
near premium prices of the multiweek range, closing in on heavy S/R
Currently risk/reward is shifting in bears favor, so it's recommended
to look for sell side setups in EURNZD.
🔸Heavy overhead mirror S/R zone at 8440/8480 expecting reversal
from overhead resistance. current bid is 8375 so final push incoming
before we can get a decent entry on sell side.
🔸Recommended strategy for EURNZD traders: focus on short selling any rips/rallies near MS/R 8440/8480 price is currently trading near premium levels and is almost maxed out already, limited upside. TP1 bears +75 TP2 bears +150 pips final exit 8300 keep in mind this is a swing trade setup so naturally will take more time to complete / hit both targets. good luck traders!
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
XAUUSD Is RangeBound! What's Next?In this video, I revisit my earlier analysis of gold, and my perspective from back then remains unchanged. Gold is currently range-bound and struggling to break through its recent highs. In the video, we examine price action, market structure, the trend, and other key elements of technical analysis. Previously, gold was trending with significant momentum, but that momentum has since diminished. All of this is explained in detail in the video, which is not intended as financial advice.
USD/JPY: Liquidity Grab Below Weekly LowThe chart shows that the price has grabbed liquidity below the weekly low, potentially triggering a bullish reaction. Analyzing the current USD/JPY situation, recent economic data highlights bearish pressure on the dollar due to declining consumer confidence in the U.S. and expectations of Federal Reserve rate cuts, while the yen is strengthening on the back of more solid economic indicators. Technically, the price has rejected a key demand zone and remains below the psychological threshold of 150.00, which acts as a crucial resistance. If the price confirms a bullish structure on lower timeframes, we could see an upward move towards the 152.00-152.50 area, aligning with a supply zone and moving average confluence. However, a close below recent lows could invalidate this outlook, paving the way for a further drop toward the next support at 146.00.
Head & Shoulders Pattern Forming – Gold Breakdown Soon?Gold ( OANDA:XAUUSD ) is currently near the Resistance zone($2,948-$2,940) . Gold attacked the Resistance zone($2,948-$2,940) several times but failed to break it and even created a Bull Trap .
Regarding Classical Technical Analysis , Gold seems to be completing the Head and Shoulders Pattern . If Gold reaches the Neckline of this pattern , it seems to succeed in breaking it. One of the signs of the validity of the Head and Shoulders Pattern is to see a Regular Divergence(RD-) between the two shoulders, which we see here.
According to the theory of Elliott waves , Gold seems to have succeeded in completing corrective waves. The structure of correction waves is Double Three Correction(WXY) .
I expect Gold to reach the Neckline of the Head and Shoulders Pattern in the coming hours, and if it breaks , it will drop to at least $2,901 .
Note: If Gold can go over the Resistance zone($2,948-$2,940), we can expect more pumps.
Note: If Gold touches $2,934, we can hope for a drop.
Do you think that Gold succeeds in forming a new All-Time High(ATH) or does it need to be corrected?
Be sure to follow the updated ideas.
Gold Analyze ( XAUUSD ), 30-minute time frame.
Do not forget to put 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.
Gold short-term trading direction todayGold fell below the MA10-day moving average at 2923 for the first time since January 6. The gold price in the NY market plunged sharply, hitting a low of 2988 and closing with a big negative on the daily line. Currently, the gold price is running below the MA10/7-day moving average at 2923/2930. Although the price broke through the 10-day moving average for the first time, the daily line has not yet formed a dead cross. It is necessary to pay attention to the repeated shocks and consolidation of the price at a high level!
The daily RSI indicator turned downward after the top divergence, and the price fell back to the middle track of the Bollinger band at 2888. The short-term four-hour chart MA10/7-day moving average formed a dead cross at 2937 and opened downward. The RSI indicator returned to the bottom of the central axis, and the price was running in the middle and lower tracks of the Bollinger band, and the Bollinger band opened downward. The main idea of gold is still to sell at a rebound high, supplemented by buying at a low price.
From the current market perspective, gold prices are still consolidating at high levels within the range, and the relative strength index (RSI) on the daily chart remains above 70, suggesting that the market may be slightly overbought. This may make market participants cautious about long bets on gold in the short term, further continuing the current range-bound trend.
Gold has been consolidating strongly at high levels for two weeks, and the original operating range was between 2860 and 2940. Although the MACD is about to form a dead cross trend at a high level, this is not enough to clearly indicate that it will peak in the short term, because the first condition is to break the 10-day moving average, and the second is to lose 2860 before it can officially peak and end this round of strong unilateral pull-up. Pay attention to the 2900-2903 area for support below. If it stabilizes here, it will continue to look up to 2925 or continue higher. Secondly, focus on the vicinity of 2888 and continue to buy and participate.
Key points:
First support: 2912, second support: 2903, third support: 2891
First resistance: 2930, second resistance: 2943, third resistance: 2950
Operation ideas:
Buy: 2900-2903, stop: 2892, target: 2920-2930;
Sell: 2937-2940, stop: 2948, target: 2920-2910;
Gold Analysis May 25⭐️Fundamental Analysis
Market sentiment remained cautious on Tuesday due to concerns over Trump tariffs and Nvidia's upcoming earnings report. The US dollar continued to hold its strength on risk-off sentiment, limiting gold's gains. However, gold prices remained supported by falling US Treasury yields and rising trade war risks.
Bond yields fell on a strong auction and weak PMI data, raising expectations that the Fed will cut interest rates twice this year. Meanwhile, trade tensions escalated as the Trump administration considered tightening controls on chip exports to China.
⭐️Technical Analysis
Gold prices are still operating in a wedge of 2928 and 2952. The 2958 zone is also quite easy to create a false ATH. 2968-2970 acts as the most important resistance for Gold at the moment, which is considered the weekly resistance level. Watch out for gold falling, there could be a deep drop to 2906-2900.
Trade Idea: XAUUSD LONG ( BUY LIMIT )Technical Analysis:
• Daily Chart:
• Strong bullish trend with price at all-time highs (2924.45).
• MACD is showing high bullish momentum.
• RSI is at 63.76, near overbought but still room for upside.
• 15-Minute Chart:
• Recent pullback to 2903.40 and strong bounce.
• MACD is crossing bullish from oversold levels.
• RSI at 64.92, confirming bullish strength.
• 3-Minute Chart:
• Bullish breakout forming.
• MACD and RSI support short-term continuation.
2. Fundamental Analysis:
• Gold is benefiting from inflation fears & rate cut expectations.
• Geopolitical tensions and central bank buying support further upside.
• U.S. dollar weakness & declining bond yields provide tailwinds.
Entry: 2920.00
• Stop Loss (SL): 2905.00 (15 pips below recent low)
• Take Profit (TP): 2950.00 (30 pips above entry)
• Risk-Reward Ratio: 2:1
FUSIONMARKETS:XAUUSD
GOLD (XAU/USD) – Breakdown from Flat Range? Hello traders
💰 Gold Spot (XAU/USD) - 2H Chart Analysis
🔍 Market Insights:
🔹 Uptrend Channel Breakout: Gold was trending in a bullish channel but broke out and transitioned into a flat consolidation.
🔹 Flat Price Action: After multiple rejections at the top, price has failed to continue the bullish momentum.
🔹 Potential Breakdown: The price is now showing bearish momentum and could test the $2,880 support level.
📉 Key Levels to Watch:
✅ Resistance: $2,950 - $2,960 (Flat Range Top)
✅ Support: $2,880 (Key Support) & $2,760 (Major Support)
📊 Possible Scenarios:
📌 Bearish Continuation: If the price fails to reclaim $2,925, we may see a drop to $2,880, and potentially $2,760 if bearish pressure continues.
📌 Reversal Opportunity: A bounce from $2,880 could lead to a retest of the upper range near $2,950.
💬 Will gold break down further or find support for another push higher? Let me know in the comments! 🔥👇
#gold #xauusd #forex #trading #priceaction #technicalanalysis
GOLD (XAU/USD) – Breakout or Deeper Pullback?Hello, Traders! 👋
What are your thoughts on gold?
Gold remains in a robust uptrend, with each downturn providing a buying opportunity inside the trend.
The ideal strategy at this point is to wait patiently for a price pullback to support levels before starting a buy position.
Another method is to wait for a break above the most recent high before buying on a pullback to the broken level.
The bullish trend continues, but trades must be performed with correct risk management and confirmation indications.
What is your opinion on gold? Do you anticipate further growth?
🚀 GOLD (XAU/USD) – Breakout or Deeper Pullback? 🔥
💰 Gold Spot (XAU/USD) - 8H Chart Analysis
🔍 Market Insights:
🔹 Strong Uptrend: Gold continues to hold its bullish momentum, respecting the ascending trendline.
🔹 Key Resistance Zone: The $2,945 - $2,960 area has been acting as a supply zone (black box).
🔹 Fibonacci Support: Price recently tested the 0.236 Fib levels ($2,902 & $2,871), which align with a key demand zone (yellow box).
📈 Two Potential Scenarios:
📌 Bullish Breakout: If price holds above the trendline & reclaims resistance, we may see a breakout towards $2,980 - $3,000 🚀.
📌 Deeper Pullback: If support breaks, we could see a correction to $2,875 - $2,850 before a stronger reversal.
📊 Key Levels to Watch:
✅ Support: $2,902 - $2,871 (Fib Levels & Trendline)
✅ Resistance: $2,945 - $2,960 (Supply Zone)
💬 Do you think gold will break out or dip before the next leg up? Drop your thoughts below! 🔥👇
#gold #xauusd #forex #trading #priceaction #technicalanalysis
XAU/USD – Trendline Breakout Signals Sell!The XAU/USD Pair on the M30 period offers a potential selling opportunity due to the recent formation of a Trendline Breakout Pattern. This indicates a shift in momentum to the downside in the coming hours.
For a short trade, consider entering around the pattern's trendline.
Target levels: 2904 (first support) and 2880 (second support).
:
🚨 XAU/USD – Trendline Breakout Signals Sell! 📉
💰 Gold Spot (XAU/USD) - 30M Chart Breakdown
🔍 Key Observations:
🔹 Trendline Breakout: Price broke below the strong ascending trendline, confirming a bearish shift.
🔹 Resistance Zone: $2,942 - $2,954 acted as a rejection point, leading to a sharp sell-off.
🔹 Strong Bearish Momentum after breaking key support levels.
📉 Bearish Trade Setup:
📌 As long as price remains below $2,912, we expect further downside towards:
🎯 1st Support: $2,903
🎯 2nd Support: $2,880
📌 A break above $2,912 could lead to a short-term recovery, but overall bias remains bearish.
📊 Key Levels to Watch:
✅ Resistance: $2,942 - $2,954
✅ Support: $2,903 & $2,880
💬 Do you agree with this bearish outlook? Let us know in the comments!👇🔥
#gold #xauusd #forex #trading #priceaction #technicalanalysis
Gold Wave 5 Bull Complete?! (UPDATE)HUGE, HUGE drop of 650 PIPS today on Gold! Price action has been beautiful. Completion of Wave 5 of the EW Theory, followed by a much needed correction.
I’ll be keeping an eye as Gold has now rejected a minor support zone of $2,889. I’ll keep you updated if further upside can resume.
GOLD Daily, H4, H1 Forecasts, Technical Analysis & Trading IdeasDaily Timeframe:
TVC:GOLD has been rising rapidly recently but has almost stopped since February 11, when it hit its uptrend channel line.
With the RSI hitting resistance at 77 and showing signs of falling, there is a high probability that a corrective wave is about to begin.
Four-hour Timeframe:
A rising wedge pattern has formed in the price.
As long as the price does not break the resistance at 2955 and the red line of the rising wedge continues upwards, a downward wave is expected to begin.
A strong bearish divergence has also formed in the RSI.
One-hour Timeframe:
A head and shoulders pattern is forming.
If the price can break the neckline downward and the blue trend line of the rising wedge is also broken, the probability of a downward wave will be very high.
Gold's Crossroads – Dip Before the $3K Breakout? ⚖️ Gold's Crossroads – Dip Before the $3K Breakout? 🤔📉
Gold has almost hit the $3,000 mark—but not quite. 🚀 While many are ultra-bullish, let’s take a step back and consider the potential for a pullback before any new highs.
Gold is expensive, and even my jeweler friend admits it’s becoming more of a store of value than a commodity for luxury. That brings us to a key question: Is a drop coming first?
🔄 Two Possible Scenarios:
1️⃣ Pullback First (More Likely) – Gold could drop toward $2,794, or even deeper to $2,575, where the all-time trendline support sits. A cooling-off period makes sense, especially after such an extended rally. 📉
2️⃣ Breakout to New Highs – If buying pressure holds, a clean push above $3K could send gold toward $3,294 - $3,600, and even EUROTLX:4K later in the cycle. 🚀
🔍 The Fort Knox Question 🤯
There’s growing speculation about the $400 billion in gold reserves at Fort Knox. If something unexpected is uncovered, could that fuel a major gold rally? Or will Bitcoin, the digital gold, start to steal some of its shine?
It’s a fascinating time for gold traders. While the long-term outlook remains bullish, a dip before liftoff seems like the logical play. Let’s stay sharp. ⚡📊
P.S. Gold has risen even with the USD remaining expensive and interest rates still high—which is not the norm. Could it be that we see gold detach from its historical correlations and trade in a completely new paradigm? 🤔
One Love,
The FXPROFESSOR 💙
GOLD ROUTE MAP UPDATEHey Everyone,
Once again our route map is providing perfect level to level guidance for us on this chart idea.
Yesterday we stated that we got our first bullish target at 2950 and that we will need to see ema5 cross and lock above 2950 to open the range above or failure to lock above will see price reject for a test on the lower Goldturn at 2927 to complete the bearish gap.
- This played out perfectly with no ema5 cross and lock above 2950 confirming the rejection and into our bearish target 2927 just like we said. We were able to capitalise on the bounces inline with our plans to buy dips on all the weighted levels. We are now seeing price in the retracement range will need to see a lock below this level for a continuation into the swing range or failure to lock will see another push up.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2950 - DONE
EMA5 CROSS AND LOCK ABOVE 2950 WILL OPEN THE FOLLOWING BULLISH TARGET
2969
EMA5 CROSS AND LOCK ABOVE 2969 WILL OPEN THE FOLLOWING BULLISH TARGET
2986
EMA5 CROSS AND LOCK ABOVE 2986 WILL OPEN THE FOLLOWING BULLISH TARGET
3006
BEARISH TARGETS
2927 - DONE
EMA5 CROSS AND LOCK BELOW 2927 WILL OPEN THE FOLLOWING BEARISH TARGET
2903 - DONE
EMA5 CROSS AND LOCK BELOW 2903 WILL OPEN THE SWING RANGE
SWING RANGE
2884 - 2861
EMA5 CROSS AND LOCK BELOW 2861 WILL OPEN THE SECONDARY SWING RANGE
SECONDARY SWING RANGE
2841 - 2820
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
XAU/USD Pullback or Reversal? Key Support Zone in Focus!📊 Gold (XAU/USD) Daily Chart Analysis – Feb 16, 2025
🔹 Current Price: $2,882.48 (-1.57%)
🔻 Recent High: $2,939.98
🔻 Recent Low: $2,877.03
🔴 200 EMA: $2,562.04 (Long-term support)
🧐 Key Observations:
✅ Strong Uptrend: Price has been in a bullish trend since late 2024.
✅ Support Zone: A key demand zone around $2,850 - $2,870 (highlighted in blue).
✅ Trendline Retest: The price is testing the trendline, which could act as support.
📉 Possible Scenarios:
🔹 Bullish Case: If buyers step in at the support zone, we could see a bounce towards $2,950 - $3,000 🚀.
🔹 Bearish Case: A breakdown below $2,850 may trigger a deeper pullback to $2,800 - $2,750 ❄️.
🎯 Trading Plan:
📌 Buy Setup: Look for bullish confirmation (e.g., reversal candles) in the support zone before entering long.
📌 Sell Setup: If the price closes below $2,850, short positions could be considered with targets near $2,750.
🔥 Final Thoughts: Despite today’s pullback, gold remains bullish unless key support levels break. Watching price action around the blue zone will be crucial!
📢 Traders, what’s your take? Are we bouncing or breaking down? Let’s discuss! 👇💬 #Gold #XAUUSD
GOLD Analysis | Bearish Momentum Strengthens Below ATH 2954GOLD Analysis | February 25, 2025
🔸 Bearish Momentum Strengthens Below ATH (2954) and 2935
Gold is exhibiting bearish momentum, having already stabilized below the all-time high (ATH) of 2954. The price is now trying to touch 2918.
📉 While below 2935 will touch 2918 and If a 4H or 1H candle closes below 2918, this could trigger a strong bearish continuation toward 2906 and 2895.
📌 However, if the price closes a 4H candle above 2918, the market is likely to remain volatile between 2918 and 2935 before confirming the next move. 4h candle above 2935 will be sensitive to 2945.
Key Levels:
Resistance Levels: 2945, 2954, 2975
Pivot Point: 2935
Support Levels: 2918, 2906, 2895
✅ Bias: Bearish as long as the price trades below 2935, with confirmation needed below 2918 for further decline.
Gold Pulls Back After Parabolic Run – Trend Break or Buying OppoGold has been on a relentless tear, climbing within a well-defined rising channel since early January. But after touching $2,950, the rally has finally hit turbulence, with prices pulling back sharply to $2,895 (-1.94%).
Is this just a healthy correction, or is the yellow metal gearing up for a deeper decline?
🔍 The Setup – A Near-Perfect Rally Faces Resistance
For weeks, gold’s uptrend has been supported by:
✅ Strong bullish momentum – A nearly uninterrupted climb since mid-December.
✅ Consistent higher highs & higher lows – A textbook channel breakout pattern.
✅ Macroeconomic tailwinds – Expectations of rate cuts, inflation concerns, and geopolitical risks fueling demand.
However, today’s break below the rising channel is the first real test for bulls in 2024.
⚠️ Key Technical Developments:
📉 Break of the rising trendline – A potential early warning sign of trend exhaustion.
🟡 First major pullback since early Feb – A change in market behavior.
🔻 Bearish MACD crossover developing – Suggesting momentum may be fading.
🧐 What Comes Next?
Gold now sits just above initial support at $2,850-$2,860. A firm close below this zone could open the door for a deeper pullback toward:
🔹 $2,780-$2,750 – Near the 50-day EMA and a logical dip-buying region.
🔹 $2,700-$2,680 – The next major Fibonacci support if selling intensifies.
For bulls to reassert control, we need to see a strong bounce off $2,850, with a reclaim of $2,950 putting gold back on track toward $3,000.
💡 The Bottom Line
This pullback could simply be a shakeout before the next leg higher – but if momentum keeps fading, it may mark the beginning of a deeper retracement.
With inflation data & Fed commentary on deck this week, expect heightened volatility.
🔥 Buy the dip or step aside? What’s your play?
📌 Keep your eyes on that $2,850 level!
- MW
Gold XAUUSD Intra-day Move 25.02.2025Analysis:
Support & Resistance Zones:
The price is moving within a range with strong resistance around 2,950 and a support zone around 2,922.
A major support level is visible at 2,898, which could act as the next target if the price breaks below 2,922.
Trendline & Breakout:
An ascending trendline was supporting the price, but it appears to have been broken at the Vital Point (highlighted in green).
This could indicate a bearish shift if the price fails to reclaim the trendline.
Possible Scenarios:
Bullish Case: If the price bounces back above the trendline and holds above 2,940, it could retest 2,950 and break higher.
Bearish Case: If the price continues below 2,930 and breaks 2,922, a drop to 2,906 or even 2,898 could follow.
Signal:
📉 SELL BELOW 2,930
Entry: Below 2,930
Target 1: 2,922
Target 2: 2,906
Target 3: 2,898
Stop Loss: 2,945
📈 BUY ABOVE 2,940
Entry: Above 2,940
Target 1: 2,950
Target 2: 2,960
Stop Loss: 2,930
💡 Key Note: The price is currently at a critical level (Vital Point). Wait for a clear breakout before entering a trade.
Please follow, comment, like and share as well.