Gold fluctuates in a narrow range ahead of the Fed rate🗞News side:
1. The situation between India and Pakistan escalates
2. China is willing to engage with the US, and the situation has eased
📈Technical aspects:
The price of gold fell sharply after the market opened today, once falling to around 3360. Currently, gold is oscillating slightly between 3375-3390. The market has no clear trading direction for the time being. Gold is not expected to change much before the Federal Reserve interest rate is announced. Today, gold prices have continuously tested the lower support 3370-3360, and the upper short-term resistance is focused on the 3390-3400 line. We maintain shock treatment for short-term trading. The focus will be on today’s Fed interest rate issues and talks between China and the United States.
If you agree with this view, or 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
Xauusdanalysis
Gold range shock , Both long and short have a chance!📌Fundamentals:
1. There are signs of escalation in the India-Pakistan conflict
2. The US-Houthi ceasefire agreement
3. The Fed's interest rate decision dominates this week's market
4. The international trade situation disturbs market sentiment
5. Market sentiment and capital flows
📊Technical aspects:
The market came out in the Asian session. It stalled again later. We are used to seeing fluctuations of hundreds of points. A fluctuation of more than ten or twenty points a day is the same as no fluctuation. At present, the market is temporarily maintained in the range of 3400-3360, and there is not much fluctuation. At present, let's see where the market breaks through. If it retreats to around 3360, follow up with long orders. If it rebounds to around 3400, follow up with short orders.
XAUUSD: Price Mitigated Earlier, We Got Left Behind! Hey Everyone
Happy Friday
So, yesterday, we were expecting gold prices to dip down to around 3172. But guess what? It didn’t quite go as planned! The price took a nosedive from 3208 and is currently sitting at 3260, almost 520 pips move.
It’s not always going to be a smooth ride, so let’s not get discouraged. We can focus on analysing this chart and keeping an eye on the price as it moves.
Once the trade is activated, there are two targets you can set. You can choose your own take-profit based on your analysis and trade management.
Good luck and trade safely! 😊
Thanks a bunch for your unwavering support! ❤️🚀
If you’re feeling generous, here are a few ways you can help us out:
- Like our ideas
- Comment on our ideas
- Share our ideas
Cheers,
Team Setupsfx_
❤️🚀
#XAUUSD: Last Idea On Gold Has Helped Us Gain 1020+ pips Gold has reversed nicely from our last idea’s entry, making a nice 1020+ pips move. Now, we’re looking for the bullish trend to continue dominating the Gold market. If this happens, it could help us gain 1800+ pips. Please use accurate risk management while trading gold.
Once the trade is active, you may consider putting take-profit based on your analysis. There are two targets to consider.
Good luck and trade safely.
Thanks for your support! 😊
If you want to help us out, here are a few things you can do:
- Like our ideas
- Comment on our ideas
- Share our ideas
Team Setupsfx_
❤️🚀
XAU/USD:Short-term range tradingThe international geopolitical situation has suddenly escalated, triggering market risk aversion and pushing up the price of gold. Today's interest rate decision of the Federal Reserve and Powell's speech will dominate the trend of the bullish and bearish sides. During the Asian trading session, the price of gold has fluctuated sharply. Be wary of a significant pullback after a moderate rise. If the key resistance level of $3400 cannot be broken, the probability of a short-term peak will increase greatly.
In terms of operation, avoid chasing high prices. Focus on the impact of the interest rate meeting on the real interest rate and the US dollar index. Buy on dips within the range of $3360-$3400 and sell at high levels to hedge risks.
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
Intraday adjustment ends, follow up with low and long positions!📌Fundamentals:
1. The conflict between India and Pakistan shows signs of escalation
2. US-Houthi ceasefire agreement
3. The Fed’s interest rate decision dominates this week’s market
4. International trade situation disturbs market sentiment
5. Market sentiment and capital flow
📊Technical aspects:
Affected by the trade negotiations, gold reached a high of 3434 and came out of the 70 US dollar drop. It took advantage of the trend to follow up the short order and reached the target profit stop as scheduled! Then it fell back and went long again to reap profits. The daily line continued to close in the positive direction, and there was room for fallback and adjustment during the Asian session. However, the daily cycle did not support a sharp decline for the time being. The data during the day tended to be treated as shocks. Therefore, the bullish trend remained unchanged, and the support below was 3335. You can go long if it hits during the day. The short-term support is around 3360 and 3350. In terms of operation, it will continue to be low and long. When it stabilizes, it will go to 3410 or even near the high point. However, if the second test does not reach a new high, there may be a larger correction.
🎯Practical strategy:
Gold is long around 3350-55, looking at 3376 and 3410! If it is strong, go long based on the support of 3365-60!
Breaking news is coming! How to trade XAUUSD/GOLD?XAUUSD/GOLD continued to fluctuate and rise in the New York market yesterday. It closed at around 3430, and today the Asian market opened at a high of 3438.75. For those who followed the buying yesterday, this profit is quite generous. The interest rate decision is about to be announced, how should we trade?
Two key points need to be paid attention to, namely: the continued fermentation of geopolitics, and the Federal Reserve interest rate decision in the New York time period.
The geopolitical fermentation has eased since the Asian market began, and there is no greater news to provide momentum for the rise, so there has been a sharp drop after the opening, and the lowest reached around 3359. The decline is about 80 US dollars/ounce. The subsequent shock rebounded slightly, and the current quotation is 3387. From the trend observation, there is still an opportunity to buy on the left side of the swing trading.
The interest rate decision mentioned yesterday can be further divided into two results: unchanged interest rate and interest rate cut. The result of unchanged interest rate is that the US dollar index still maintains its value, and there is a suppression on XAUUSD/GOLD. At this time, we need to pay attention to which has a greater impact on geopolitics and the preservation of the US dollar index. The former is good for the rise of XAUUSD/GOLD. The latter has an impact on the decline of xauusd/gold. Secondly, the interest rate cut is good for xauusd/gold. If it is the latter, then it is better to do more at the same frequency.
Therefore, the trading logic is still mainly based on low-level longs. Members with larger funds can choose to buy near the current price of 3392. Members with smaller funds can pay attention to buying opportunities below 3375.
Pay attention to risk control when trading.
Gold bides its time. Bulls are suppressed at high levels?
Gold is waiting for the Fed's interest rate decision.
analysis in Asian time period:
Gold opened with a sharp drop due to international news, and continued to fluctuate at a high level in the 3360-3400 range predicted by Quaid. I predicted in the early Asian session that the price of gold would rise to around 3390 and then fall back to around 3370-3360. And its trend is just as Quaid predicted and analyzed, with a correction after the predicted high point.
Now it seems that gold has fallen into a high-level fluctuation range after a sharp drop in the early Asian session, which is in line with my expectations. Quaid believes that the trend direction of the European session is very important. The current upward suppression range is between 3400-3415, and the downward support level is between 3360-3370;
On the contrary, if the European session falls below the downward support range, it may continue to fall.
But Quaid believes that the overall upward trend of gold prices has not changed. Gold prices are just accumulating strength now, and will continue to rise after the adjustment.
Overall trend analysis:
Quaid recommends that the long strategy is still the main one. If the support range of 3360-3370 can resist the downward trend, then we can still carry out the long strategy after the price falls back.
Operation strategy:
Long strategy: Go long when the price falls back to 3365, stop loss 3350, take profit range 3400-3415.
Short strategy: Go short at 3395, stop loss 3405, take profit 3360.
Federal Reserve decision becomes the highlightFrom a technical perspective, the sharp fluctuations in gold in the early trading are in line with the recent characteristics of the wash, but we need to be wary of a sharp drop after a continuous slow rise, which may be a signal of exhaustion of bullish momentum. If the 3404 watershed cannot be effectively broken through during the day, the probability of a short-term peak will increase further. On the operational level, it is recommended to avoid blindly chasing highs and pay attention to the impact of the Fed's decision on the actual interest rate and the trend of the US dollar. The current upper resistance is 3397-3407, and the lower support is 3360-3350. In terms of operation, it is recommended to go long during a pullback, supplemented by a high-altitude rebound.
Gold has rebounded in place, go high today firstAfter the gap at 3438 in the early trading, the market crashed and plunged. So far, the long target of 3440 has been achieved! China and the United States are preparing for tariff talks, which is a major negative. Spot gold plunged more than 60 US dollars from 3438 US dollars in the early trading, and it should have reached the top within the day; if there is no major positive push, the early high of 3438 should not be broken again, otherwise once it breaks through 3500, it will definitely break, but it is unclear how far it will go above 3500. At present, while paying attention to the Sino-US tariff talks, the global geopolitical situation should also be focused on: the focus is on the India-Pakistan conflict, the population of the two countries is close to 1.7 billion, and it will be terrible if the situation gets out of control; then the Russia-Ukraine stalemate, the US-Iran crisis, etc. are positive for spot gold, and the Federal Reserve's interest rate decision tomorrow morning also needs to be paid attention to. Today, China announced the spot gold reserve data. Long and short news hit the market in turn, and it is expected that there is a high probability of continued large sweeps within the day, and the overall trend is short within the day! The market fluctuates greatly and the rhythm is fast. There are opportunities for both long and short positions, and strict loss-taking operations! The first resistance above is the 3405 area, then the 3415-20 area and the early high of 3438 area, which can be used to short spot gold; the support below is 3350-55, then 3320-25
Gold (XAU/USD) 3H Chart Analysis – Bullish Setup Toward $3,500 TCurrent Price: $3,254.26
EMA 70: $3,285.50 (Price is below EMA – cautious zone)
Bias: Bullish 📈 (if demand zone holds)
Key Zones:
🟦 Demand Zone: $3,200 – $3,260
✅ Strong buy interest expected here
⚠️ Good place to look for entry signals
🟥 Resistance Zone: $3,223.60 – $3,323.84
🔄 Price is currently testing this zone
A breakout here can lead to bullish momentum
🎯 Target Point: $3,500 – $3,529 💰
📌 Defined as "Target Point 3500"
High potential for profit-taking here
⛔ Stop Loss: $3,161.32
🚫 Placed below demand zone for risk control
❗ Important to exit if price drops here
Trade Idea 💡
📥 Buy Entry: Near or above $3,223.60
✅ Hold as long as price respects demand zone
🎯 Target: $3,500
⛔ Stop Loss: $3,161.32
⚖️ Risk:Reward ratio looks favorable!
Quick Summary:
🟢 Bullish Setup
💪 Demand zone is strong
📈 Breakout above resistance may fuel a rally
⏳ Wait for confirmation before entry!
XAUUSD1. The Fed's interest rate decision dominates this week's market
(May 7) The Fed will announce the May FOMC interest rate decision and press conference. The market generally expects the interest rate to remain unchanged, but Powell's speech will be the key. The April non-farm payroll data was stronger than expected (an increase of 177,000 people), coupled with the Fed's concerns about inflation, Powell may continue his hawkish stance and emphasize "anti-inflation priority". If he releases a signal of "delayed interest rate cuts", it may suppress gold bullish sentiment; on the contrary, if it implies concerns about economic slowdown, gold may be supported. In addition, several Fed officials will go to Iceland to participate in an economic meeting on Friday, and we need to pay attention to their statements on monetary policy.
2. International trade situation disturbs market sentiment
Sino-US trade frictions continue to escalate, with the US imposing tariffs on China as high as 245% and hitting China's re-export trade. However, the US has recently released a signal of easing, with companies such as Walmart resuming orders from China and bearing tariff costs, showing that US companies have limited tolerance for high tariffs. China requires the US to cancel unilateral tariffs as a prerequisite for negotiations, and the prospects for negotiations remain unclear. In addition, the situation between India and Pakistan is tense again, and the rising geopolitical risks may boost demand for gold as a safe haven.
3. Market sentiment and capital flows
Domestic gold ETF holdings surged by 23.47 tons in the first quarter, indicating that institutional investors are optimistic about gold in the long term. However, Nomura Securities warned that gold may face a technical correction due to abnormal capital flows (GLD funds in and out) and overheated technical indicators (gold prices deviated from the 200-day moving average by 25%). In addition, COMEX gold speculative net long positions hit a 14-month low, and market sentiment was cautious.
Gold has rebounded in place, go high today firstAfter the gap at 3438 in the early trading, the market crashed and plunged. So far, the long target of 3440 has been achieved! China and the United States are preparing for tariff talks, which is a major negative. Spot gold plunged more than 60 US dollars from 3438 US dollars in the early trading, and it should have reached the top within the day; if there is no major positive push, the early high of 3438 should not be broken again, otherwise once it breaks through 3500, it will definitely break, but it is unclear how far it will go above 3500. At present, while paying attention to the Sino-US tariff talks, the global geopolitical situation should also be focused on: the focus is on the India-Pakistan conflict, the population of the two countries is close to 1.7 billion, and it will be terrible if the situation gets out of control; then the Russia-Ukraine stalemate, the US-Iran crisis, etc. are positive for spot gold, and the Federal Reserve's interest rate decision tomorrow morning also needs to be paid attention to. Today, China announced the spot gold reserve data. Long and short news hit the market in turn, and it is expected that there is a high probability of continued large sweeps within the day, and the overall trend is short within the day! The market fluctuates greatly and the rhythm is fast. There are opportunities for both long and short positions, and strict loss-taking operations! The first resistance above is the 3405 area, then the 3415-20 area and the early high of 3438 area, which can be used to short spot gold; the support below is 3350-55, then 3320-25
Federal Reserve decision becomes the highlightTechnically, the sharp fluctuations in gold in the morning are consistent with the recent characteristics of the wash, but we need to be alert to the sharp decline after the continuous slow rise, which may be a signal of the exhaustion of bullish momentum. If the 3404 watershed cannot be effectively broken through during the day, the probability of a short-term peak will further increase. On the operational level, investors are advised to avoid blindly chasing highs and focus on the impact of the Fed's decision on the actual interest rate and the US dollar. If the decision is dovish, gold may continue to rebound, and if it is hawkish, we need to be alert to the risk of a correction. The current upper resistance is 3397-3407. The lower support is 3360-3350. In terms of operation, it is recommended to do more on the correction and supplement it with high-altitude rebound.
Gold Buy Opportunity!🟨 Key Zones:
POI: Identified as the Point of Interest (POI) or a 15m demand zone.
Gray Box: Likely the true demand area (origin of the impulsive move), aligned with the red support line around $3,351.898 – $3,360.000.
Lower Orange Zone: Labeled as 4H and Daily Demand, a major higher timeframe support zone.
🔄 Market Structure:
The chart shows a clear uptrend, with higher highs and higher lows.
A recent correction is underway toward the POI/demand zone.
The chart anticipates a bullish bounce from the POI, targeting the $3,498.209 resistance zone (marked at the top).
✅ Potential Trade Idea (Long Setup):
Entry Zone: Between $3,360 – $3,351 (gray demand zone).
Target: Around $3,498.
Invalidation (SL): Below $3,351, or further below the demand zone, to reduce the risk of stop hunt.
RR: Favorable if managed properly, roughly 1:4 or higher.
XAUUSD Market NewsThe international geopolitical situation has suddenly escalated, fueling market risk aversion and pushing up gold prices. But today's Fed interest rate decision and Powell's speech will be crucial in the bull-bear battle. Technically, gold saw violent fluctuations in the Asian session. Be cautious of a deep pullback after a sustained moderate rise, which may signal weakening bullish buying power. If the key resistance level of 3400 isn't broken today, the likelihood of a short-term top will rise significantly.
In terms of strategy, avoid chasing prices at highs. Focus on the Fed's interest rate meeting's impact on the real interest rate curve and the dollar index. If the policy tone is dovish, precious metals may keep rebounding technically; if hawkish, watch out for a pullback. The current upper pressure range is 3397-3407, and the lower support is 3360-3350. Operationally, opt for buying on dips, and use short selling at rebound highs for risk hedging.
Trading is not gambling. Do not trade impulsively. It is wrong to bring any emotions into trading. I share my trading strategies every day. I hope to help as many people as possible. If you happen to need it, you can come and have a look. There is no loss for you. Believe me, the result will satisfy you.
Gold Ahead of FOMC – China Rate Cut Shocks Market as USD Surges⚠️ Gold Ahead of FOMC – China Rate Cut Shocks Market as USD Surges
Gold (XAU/USD) is facing a pivotal moment after a dramatic correction from $3,435 down to the 3,360s, triggered by a combination of surprising policy moves and rising macro uncertainty.
🧭 Macro Recap: Why Did Gold Drop?
🇨🇳 China unexpectedly cut interest rates by 10 basis points ahead of a key trade dialogue with the US.
➤ This supports global liquidity sentiment but simultaneously strengthens the USD in the short term.
💵 DXY surged, taking advantage of China's rate cut — adding pressure to gold.
⚠️ Geopolitical tensions in South Asia (India–Pakistan) resurfaced but failed to lift gold.
➤ This hints that the current correction is more dollar-driven than risk-off in nature.
🏛️ All eyes now shift to FOMC later today, where Fed policy will dictate gold’s next major move.
Will Powell surprise markets with dovish signals, or does this China cut hint at coordinated central bank play before a wider easing cycle?
📊 Technical Outlook – Gold in Volatile Expansion
Despite the macro volatility, gold continues to respect key liquidity zones and high-volume clusters on the chart. However, momentum is broad and inconsistent — requiring traders to react to confirmed breaks, not early assumptions.
🔺 Resistance Levels:
3390 → 3402 → 3416 → 3425 → 3432 → 3444 → 3468
🔻 Support Levels:
3365 → 3356 → 3332 → 3314
🎯 Trade Strategy – 7 May 2025 (FOMC Day)
🟢 BUY SCALP
Entry: 3355
SL: 3350
TPs: 3360 → 3364 → 3368 → 3372 → 3376 → 3380
🟢 BUY ZONE (Mid-Term Opportunity)
Entry: 3332 – 3330
SL: 3326
TPs: 3336 → 3340 → 3344 → 3348 → 3352 → 3358 → 3365
⚠️ Key BUY Level: 3314 – 3312
This is a critical level for bulls — aligned with 0.5 FIBO retracement and previous demand flip zone. However, a move here could invalidate structure and signal deeper bearish pressure. Use caution.
🔴 SELL SCALP
Entry: 3430 – 3432
SL: 3436
TPs: 3425 → 3420 → 3415 → 3410 → 3400
🔴 SELL ZONE (High-Risk Short)
Entry: 3468 – 3470
SL: 3474
TPs: 3464 → 3460 → 3455 → 3450 → 3445 → 3440 → 3430
🧠 Final Thoughts:
Gold remains range-bound but extremely reactive to macro news.
Today’s FOMC meeting could be a game changer. Whether the Fed maintains its current stance or signals dovish pivot will determine the direction for the rest of the week.
🎯 In times like this, it’s not about picking tops or bottoms — it’s about trading the reaction and protecting your capital.
✅ Stick to SL.
✅ Let price confirm.
✅ Be prepared for high volatility spikes.
Good luck, traders — and stay sharp.
XAU/USD Analysis: Chart Indicates Elevated VolatilityXAU/USD Analysis: Chart Indicates Elevated Volatility
The XAU/USD chart shows that the ATR (Average True Range) indicator has reached its highest level in several weeks, signalling increased market volatility.
In addition, trading activity is being fuelled by heightened geopolitical tensions, now including an escalation of the conflict between India and Pakistan.
The price action analysis of the precious metal also provides valuable insight, highlighting the ongoing battle between supply and demand.
Technical Analysis of the XAU/USD Chart
On 23 April, we noted a sharp shift in sentiment after the price of XAU/USD peaked around $3,500.
Gold price fluctuations today suggest continued bearish pressure above $3,400, leading to a downward reversal at peak B, which sits below the previous high at A.
This forms the basis for outlining a descending channel and suggests that bears may attempt to keep the price within its boundaries. On the other hand, the $3,333 level was decisively broken by a wave of buying (shown with a blue arrow), and a bullish “cup and handle” pattern is emerging in the background — it is possible that, as part of the May rally, bulls may try to surpass peak B.
Whatever the outcome, elevated volatility appears likely to persist — especially with the US Federal Reserve’s interest rate decision due today at 21:00 GMT+3, followed by Jerome Powell’s press conference at 21:30.
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.
Gold price analysis May 6Due to the impact of world economic and political tensions. The gold candle has reversed to increase again with the D1 candle increasing by nearly 100 prices.
The gold uptrend has formed and it is easier to trade to find entry zones. Today's beautiful Buy zone is noticed in the price retests to the Break out zone. 3328 is considered a buying opportunity today. Currently, gold is sideways in the 3372 and 3354 range. Watch for a breakout to trade the breakout and wait for the main entry zone. When gold increases, it will encounter barriers or targets for buy orders at 3410. Today is a day without much important news, so the 3410 and 3328 ranges are considered strong. If it breaks through this range, pay attention to the quite far range around 3445 and 3270
0507 Watch out! Gold is cooling down for the news of..Hello traders,,
The resumption of china-us economic and trade talks is imminent, and the risk aversion in the gold market has cooled.
Gold stop rising and opened with a gap on Wednesday Asia morning !
On 4H chart, this strong bearish red candle is a strong reversal signal!
Looking for a new ABC swing trend for GOLD .
3267 is a recent breaking through level which now become a support for gold .
The next support would be 3202 where gold stop dropping since 1 day before NFP.
For a short-time 4H swing trader, could take a chance to follow this new swing down to those two levels.
GOOD LUCK!
LESS IS MORE!