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Xauusdlong

Will gold fall to 3180-3158?Hello everyone. Let's discuss the trend of gold this week. If you have a different opinion, you can express your different opinions in the comment area. Yesterday, Monday, retail traders made a record bottom-fishing in US stocks, reversing the 1% drop in the S&P 500 index caused by Moody's downgrading the US credit rating last weekend. Yesterday, Monday, gold opened at a high point near 3250, but after the US stock market opened, it basically maintained a downward trend. From the current 1-hour chart, gold has been fluctuating above the 1-hour chart range yesterday, Monday, but there has been a change today. It has continuously fallen below the hourly chart range support position at the opening. Therefore, from the current point of view, gold is likely to retreat downward today, and the 3200 mark is currently difficult to hold. Therefore, we must be alert to the possibility of a retracement today. As for the operation, you can rely on the 3220-3225 range to sell, and look at the target to 3180-3158.
OANDA:XAUUSDShort
by AmandaLaw
Putin's phone call changed the market? 📌 Driving Events Putin's "peace smoke bomb", gold is under short-term pressure Just when gold was soaring due to risk aversion, a piece of news on Monday cooled the market instantly - after Putin and Trump talked on the phone, both sides released the signal that "Russia and Ukraine will soon ceasefire negotiations." Trump even announced loudly: "Russia and Ukraine will start ceasefire negotiations immediately!" US President Trump said, "We will do everything we can to stop the conflict in Ukraine." This news caused the market's risk appetite to rise briefly, and the gold price fell slightly to around $3,220 in the Asian market on Tuesday. But senior observers soon discovered that Putin's words were full of diplomatic rhetoric - he only said that the peace efforts were "on the right track" but did not promise a specific ceasefire time. Former Swedish Prime Minister Bilt pointed out: "This is Putin's victory. He successfully delayed the ceasefire pressure while continuing military operations." Market truth: Geopolitical risks have not really subsided, and the safe-haven demand for gold is only a short respite. 📊Comment analysis For investors, the question now is not "whether to buy gold", but "when to buy and how much to buy". At the moment when the global economic order is being reconstructed, the light of gold may have just begun to shine. 💰Strategy Package Bullish breakout scenario: If the price breaks through the high of last Friday's rebound at $3,252 and continues to rise, you can go long with a light position near $3,260, targeting the $3,280-$3,290 range. Bearish breakout scenario: If the price breaks below the key support level of $3,200 and further declines, you can go short near $3,190, targeting the $3,170-$3,160 range. ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose a lot size that matches your funds - Profit is 4-7% of the capital account - Stop loss is 1-3% of the capital account
OANDA:XAUUSDLong
by Labaron
1
Perfect grasp of key points Insight into market trendsWith the downgrade of the U.S. credit rating and the recent weak U.S. economic data, market expectations for a U.S. interest rate cut have increased. The U.S. dollar index has plummeted and is once again facing the 100 mark. Risk aversion sentiment has rebounded again, and gold has once again been sought after. It opened higher in the Asian session. However, we have mentioned the repetitiveness of sentiment many times recently, so we remind you not to chase the rise too much. We remind you to short near 3245, long at 3209, and short again near 3245. Both long and short positions are very accurate, giving perfect entry opportunities and successfully taking profits. Judging from the current trend, gold is under pressure again in the European session near 3248, and the US session has fallen back. The short-term strength has turned into a wide sweep again. Focus on the gains and losses of 3230. If it falls below or looks at the gap area of ​​3206-3203, go long if it falls back and does not break. The upper pressure is still focused on the area near 3253-60. Short-term fluctuations are increasing. If there is any adjustment, we will notify you in time. Operation suggestion: Go long in gold near 3206-03, look at 3230 and 3252!
OANDA:XAUUSDLong
by TP_Daniel5
Gold Price Soars After Moody's US Downgrade: What's Next?Gold's Resurgence: A Deep Dive into the Moody's Downgrade and Market Tremors The world of finance is a complex ecosystem, where a single event can trigger a cascade of reactions across global markets. Recently, such an event unfolded as Moody's Investors Service, one of the leading credit rating agencies, delivered a significant blow to the United States' financial standing by downgrading its sovereign credit rating. This unexpected move, occurring after a period of notable decline for gold, sent shockwaves through the financial landscape, prompting a sharp rally in the precious metal's price. In the early hours of Asian trading, gold surged by as much as 1.3%, reaching approximately $3,245 an ounce, a clear testament to its enduring appeal as a safe-haven asset in times of uncertainty. The Catalyst: Moody's Downgrade and its Implications Credit ratings are critical indicators of a borrower's ability to meet its debt obligations. For a sovereign nation, its credit rating influences borrowing costs, investor confidence, and its overall standing in the international financial community. Moody's decision to lower the U.S. sovereign credit rating by one notch, from the pristine Aaa to Aa1, was not taken lightly. The agency pointed to a confluence of persistent and concerning factors. Chief among these were the United States' chronic budget deficits, which have shown little sign of abatement despite various economic cycles. Moody's also highlighted a perceived erosion of political will and institutional strength to effectively address the nation's deteriorating fiscal trajectory. The growing burden of national debt and the escalating costs of servicing this debt were explicitly mentioned as significant concerns underpinning the downgrade. This wasn't the first time the U.S. had faced a credit rating downgrade. In 2011, Standard & Poor's (S&P) stripped the U.S. of its top-tier AAA rating, a move that also sent tremors through global markets. The parallels are noteworthy, as both instances underscored deep-seated concerns about the sustainability of U.S. fiscal policy. A sovereign downgrade, particularly for an economy as pivotal as the United States, has far-reaching consequences. It can lead to higher borrowing costs for the government, potentially impacting everything from infrastructure spending to social programs. Furthermore, it can dent investor confidence, leading to capital outflows or a re-evaluation of risk associated with U.S. assets. The immediate market reaction to Moody's announcement was a textbook flight to safety. The U.S. dollar, typically a beneficiary of global uncertainty, found itself under pressure. As the world's primary reserve currency, the dollar's value is intrinsically linked to the perceived strength and stability of the U.S. economy. A credit downgrade, by questioning that stability, naturally led to a weakening of the greenback. This weakening, in turn, provided a direct tailwind for gold. Gold is priced in U.S. dollars, so a cheaper dollar makes gold more affordable for investors holding other currencies, thereby stimulating demand. Simultaneously, U.S. Treasury bonds, long considered one of the safest investments globally, experienced a sell-off. This might seem counterintuitive, as a flight to safety often includes government bonds. However, a credit downgrade directly impacts the perceived creditworthiness of those bonds. Investors demand a higher yield (return) to compensate for the increased perceived risk, leading to a drop in bond prices (yields and prices move inversely). The Treasury yield curve, which plots the yields of bonds with different maturities, steepened, indicating greater uncertainty about longer-term economic prospects and inflation. U.S. stock futures also registered declines, reflecting concerns that higher borrowing costs and diminished confidence could negatively impact corporate earnings and economic growth. Gold: The Evergreen Safe Haven Amidst this turmoil, gold shone brightly. Its rally was a classic demonstration of its role as a premier safe-haven asset. Throughout history, gold has been a store of value, a tangible asset that retains its worth when paper currencies or other financial instruments falter. Its appeal transcends economic cycles and geopolitical shifts. Unlike fiat currencies, which can be devalued by inflation or government policy, gold's supply is finite, giving it an intrinsic scarcity value. In times of economic stress, such as those signaled by a sovereign credit downgrade, investors flock to gold for several reasons. Firstly, it acts as a hedge against currency depreciation. If the U.S. dollar weakens significantly, holding gold can preserve purchasing power. Secondly, gold is often seen as a hedge against inflation. If a government resorts to inflationary policies to manage its debt burden, the real value of money erodes, while gold tends to hold or increase its value. Thirdly, in periods of heightened geopolitical risk or systemic financial instability, gold provides a sense of security that other assets may not offer. It is a universally accepted medium of exchange and store of wealth, independent of any single government or financial institution. The downgrade by Moody's amplified concerns about the U.S.'s fiscal health, a narrative that has been building for some time. Commentators pointed to over a decade of what they termed "fiscal profligacy," where successive administrations and Congresses have struggled to implement sustainable long-term solutions to the nation's growing debt. The phrase "ticking debt timebomb" resurfaced in financial commentary, underscoring the anxieties surrounding the long-term implications of current fiscal policies for the world's largest economy. These anxieties naturally fueled demand for gold as a protective measure. Adding another layer to these concerns were reports of a U.S. House panel approving proposed tax cuts, which, according to some economic analyses, could add trillions more to the national debt, further exacerbating the fiscal imbalance. The Preceding Slump: A Market Breather The vigorous rally in gold prices was particularly striking given its performance in the preceding week. The metal had been on a downward trajectory, poised for what was described as its steepest weekly decline in six months. This earlier weakness was primarily attributed to a strengthening U.S. dollar and an apparent easing of trade tensions between the United States and China. When geopolitical risks appear to subside and economic optimism grows, investors often rotate out of safe-haven assets like gold and into riskier assets, such as equities, in pursuit of higher returns. This is often referred to as a "risk-on" environment. The announcement of a 90-day pause on tariffs between the U.S. and China had injected a dose of optimism into the markets. This temporary truce in the protracted trade war improved investor sentiment, reducing the perceived need for the kind of insurance that gold provides. Consequently, capital flowed towards assets perceived to benefit more directly from improved global trade and economic growth, leading to a pullback in gold prices. However, the Moody's downgrade swiftly reversed this trend, highlighting how quickly market sentiment can pivot in response to unexpected news. Navigating a Complex Web of Global Influences Gold's price is rarely determined by a single factor. It is subject to a complex interplay of global economic data, geopolitical developments, central bank policies, and investor sentiment. While the Moody's downgrade was the immediate catalyst for the recent rally, other elements continue to shape the landscape. Ongoing geopolitical tensions in various parts of the world provide a persistent undercurrent of support for gold. Any escalation of conflicts or emergence of new geopolitical flashpoints can quickly send investors seeking refuge in the yellow metal. Furthermore, mixed economic data from major economies contributes to market volatility. For instance, softer-than-expected economic indicators from China, the world's second-largest economy, can dampen global growth expectations and influence risk appetite, which in turn affects gold. Statements from key policymakers also carry significant weight. Comments from U.S. Treasury Secretary Scott Bessent regarding the potential reimposition of "Liberation Day" tariffs if trade negotiations with certain partners were not conducted in "good faith" served as a reminder that trade uncertainties remain. Such pronouncements can easily reignite concerns and support gold prices. The Long-Term Horizon: Bullish Undertones Persist Despite the short-term volatility, many analysts maintain a constructive long-term outlook for gold. Several underlying factors are expected to provide structural support for the precious metal in the coming years. One such factor is the potential for ongoing U.S. dollar weakness, driven by the country's twin deficits (budget and current account) and a gradual shift by some central banks to diversify their foreign exchange reserves away from an overwhelming reliance on the dollar. This diversification trend, if it continues, could provide a sustained tailwind for gold. Moreover, the policies of major governments and central banks can also influence gold's trajectory. For example, periods of expansionary monetary policy, characterized by low interest rates and quantitative easing, can reduce the opportunity cost of holding gold (which yields no income) and potentially lead to inflationary pressures, both of which are typically gold-positive. It's important to note that gold had already demonstrated strong performance in 2025, even before this latest surge. Year-to-date, the metal had appreciated significantly, reportedly by around 23%, and had even briefly surpassed the $3,500 an ounce mark for the first time in history during April. This underlying strength suggests that broader market forces were already favoring gold. Major financial institutions have also echoed this optimistic long-term view. JPMorgan, for instance, has projected that gold could average $3,675 an ounce by the end of the year, with a potential to reach $4,000 before the close of 2026. Similarly, Goldman Sachs maintained its forecast of $3,700 by year-end and a $4,000 target by mid-2026. These forecasts often consider a range of scenarios, including the path of Federal Reserve interest rate policy and the likelihood of a U.S. recession. Even with expectations of delayed Fed rate cuts and a potentially lower U.S. recession risk, these institutions see considerable upside for gold. Investor Strategy in a Shifting Landscape For investors, the recent events serve as a potent reminder of gold's role in a diversified portfolio. While gold can be volatile in the short term, its ability to act as a hedge against various risks makes it a valuable component for long-term wealth preservation. The Moody's downgrade and the subsequent market reaction underscore the importance of not being complacent about sovereign risk, even in developed economies. Retail investors might consider gold through various avenues, including physical bullion (coins and bars), gold exchange-traded funds (ETFs) that track the gold price, or shares in gold mining companies. Institutional investors, such as pension funds and endowments, often allocate a portion of their portfolios to gold as a strategic hedge and a diversifier. The key is to view gold not as a speculative tool for quick profits, but as a long-term strategic holding that can provide stability and protection during periods of economic or geopolitical stress. The optimal allocation to gold will vary depending on an individual's risk tolerance, investment goals, and overall market outlook. Conclusion: Gold's Enduring Relevance The sharp rebound in gold prices following Moody's downgrade of the U.S. credit rating is a multifaceted event with significant implications. It highlights gold's unwavering status as a safe-haven asset, its sensitivity to shifts in U.S. dollar valuation, and the profound impact of sovereign creditworthiness on global financial markets. The downgrade served as a stark reminder of the underlying fiscal challenges confronting the United States and their potential to create ripples of uncertainty that benefit traditional stores of value. Looking ahead, investors and market observers will be keenly focused on upcoming U.S. economic data, pronouncements from the Federal Reserve regarding monetary policy, and the evolving geopolitical landscape. While short-term fluctuations are inevitable, the fundamental factors that have historically supported gold – its role as an inflation hedge, a currency hedge, and a crisis commodity – remain firmly in place. As the global economic and political environment continues to navigate complex challenges, gold is likely to retain its allure as a critical component of a well-diversified investment strategy, a timeless guardian of wealth in an ever-changing world. The recent bounce may be more than just a fleeting reaction; it could be a reaffirmation of gold's enduring value proposition in an era of increasing uncertainty.
OANDA:XAUUSDLong
by bryandowningqln
Gold sees strong high resistance; shorting on rebounds prevailsToday, gold can be described as fluctuating within a wide range, but overall it tends to be more bearish. Although gold rose at the opening on Monday, it suddenly made a sharp turn at the 3250 level, leaving those who chased long positions confused. We have analyzed that the upper resistance is strong, and the upside space is relatively limited. On the contrary, the downside space is larger, so shorting on rebounds remains the current short-term trend! If you are currently unsatisfied with your gold trading, I hope Barry can help you avoid detours in your investments. Welcome to communicate and exchange ideas! From the hourly chart analysis, the support levels below should continue to focus on the 3170-3175 area, with strong support at the 3150 level. The resistance above is near 3253-3260. The overall trading approach remains centered on cyclic participation in shorting highs and longing lows within this range, with a core principle of exercising caution at intermediate levels – avoid excessive trading and impulsive order chasing. Be patient and wait for entry at key price points. Gold Trading Strategies sell@3240-3250 tp:3220-3200 buy@3170-3175 tp:3220-3230 Professional trading strategies are pushed daily 📊 Lock in precise signals amid market fluctuations 🚀 Confused about market trends? Stuck in strategy bottlenecks? Real-time strategies serve as your "trading compass" 🌐 From trend analysis to entry/exit points, dissect market logic comprehensively Refer now 📲 Help you move steadily forward in investments ✨ 👇👇👇
ICMARKETS:XAUUSDLong
by LenBessemer
2
3235 line becomes short-term resistance? Golden layout at night!🗞News side: 1. Trump's dialogue with Russia and Ukraine on ceasefire 2. The seriousness of the situation in Israel 📈Technical aspects: In the short term, the three key factors affecting the gold market are the certainty of tariff policies, geopolitical risks, and the pace of the Fed's interest rate cuts. The Russian-Ukrainian conflict is a tail risk that deserves attention. Its impact on the global order far exceeds other geopolitical conflicts. It is expected that the conflict may see a key turning point in May and June, and the Fed's interest rate cut is likely to be implemented in the third quarter. At that time, the gold and silver markets may face greater negative pressure, and prices may fall back to 3000-2800 or even lower. Technically, the double top pattern at the daily level has been established. Although there is a certain resistance at the 3235 line of gold in the short term, considering the tail risk, the possibility of evolving into a triple top cannot be ruled out, and we need to be vigilant against the inducement of multi-money rises and washes. 🎁BUY 3220-3215 🎁TP 3230-3240 🎁SELL 3250-3255 🎁TP 3235-3225 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. OANDA:XAUUSD FX:XAUUSD TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD
OANDA:XAUUSDLong
by AllenBoswell
Geopolitical risks ease, trade progresses: Gold short-term volatIndia and Pakistan have declared a full ceasefire😮, while news has emerged that Russia and Ukraine will observe a 30-day ceasefire. With the cooling of geopolitical risks, gold’s appeal as a safe-haven asset has diminished. Additionally, high-level economic and trade talks between China and the U.S. in Geneva, Switzerland, have made substantive progress, with most market participants believing the tariff war is nearing an end—further dampening gold’s safe-haven demand. The market has seen two consecutive days of massive volatility: a surge of $100 on Thursday, followed by a plunge of $100 on Friday, creating a "double kill" for both bulls and bears, which is clearly a capital-driven washout. Currently, the 3120 level still shows a relatively obvious supporting effect. Due to ongoing international relations issues, gold remains in a long-term bullish trend. Traders can continue to take small long positions near 3120😎. ⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️ 🚀 Buy@3120 -3130 🚀 TP 3230 - 3260 Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
FOREXCOM:XAUUSDLong
by Sovereign-
Beware of a sharp surge at the beginning of the week!🗞News side: 1. The India-Pakistan conflict has been eased, but India has increased its troops in Kashmir 2. The situation between Russia and Ukraine has escalated again 3. Trump has asked Walmart to absorb the impact of tariffs on its own 📈Technical aspects: Gold jumped higher in the Asian session in the morning and once tested the 3250 resistance line. In the short term, the upward space is limited and there is a certain suppression. At present, gold is testing the 3210-3200 support level again. Judging from the 4H chart, if the gold price breaks through this short-term support level, it is likely to go to the 3170 level next, or even test the strong support level of 3150. If it gets effective support at 3210-3200, gold may test the resistance area again. Therefore, in the short-term trading in the Asia and Europe sessions, maintain the high-level short-selling and low-level long-selling cycle to participate. On the upside, focus on the 3250-3260 resistance area. If it breaks through, it is expected to look towards the 3300 line. On the downside, focus on the 3210-3200 support line. If it breaks through this support, look to the 3170-3150 important support. 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. FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD FX:XAUUSD OANDA:XAUUSD
OANDA:XAUUSDLong
by AllenBoswell
1
The recent gold short position has a perfect harvestIt can be said that the market of gold on Wednesday was mainly range-bound. After the US market, gold began to follow a unilateral decline pattern, with the lowest reaching the 3173 line. The current rebound of gold is not strong. On the rebound, we will focus on the 3206-3210 line for suppression at the top and 3154-3154 at the bottom. 3160 is a first-line support. The general trend is still mainly rebounding and shorting. We continue to rebound and take advantage of the trend to intervene in short orders and be a stable trader. I have always been here. If your current gold operation is not ideal, I hope that your investment can avoid detours. Welcome to communicate! Judging from the 4-hour analysis, the upper side is currently focusing on the short-term suppression of the 3206-3210 first line. The counter-draw relies on this position to continue to go short first and then fall back. Before breaking through and standing at this position, the counter-draw main short-term rhythm will remain unchanged. The short-term support below is around 3154-3160, with interval operations as the main focus. Gold operation strategy: Gold rebounds and goes short at 3206-3210 line, stop loss at 3219, target 3160-3165 line, continue to hold if the position is broken;
OANDA:XAUUSDShort
by pcesfj
2
Gold's V-shaped reversal restarts its upward trend!Technical analysis of gold: Gold has a perfect V-shaped reversal today. It opened at 3177 and fell unilaterally in the Asian session. After touching 3120, it rose slowly. As of the time of writing, it has completely recovered its decline and is currently trading around 3220. I have analyzed the European session. After the gold price broke through the extreme drop of 3200, it needs to be repaired, but it has taken another rebound correction. The analysis also gave attention to 3198 to 3202 to continue to be bearish. With the slow rise and break, the bearish view is invalid. Now make a new analysis. ​ From a technical point of view, gold is now back above 3200, and the daily line is a big positive. It is undoubtedly absolutely strong. The key point is the gains and losses of 3200. If the retracement does not exceed 3200, then gold is extremely strong. On Friday, we will continue to see the daily line closing positive rise, but if the retracement is below 3200, the daily line cycle may close again, and there will be a continuous rebound to 3235 and 3260. Therefore, the key point today is to pay attention to the gains and losses of 3200. The performance of the 4-hour cycle may now bottom out in the medium term. After the decline and rebound, the 4-hour mid-term Bollinger opening is temporarily strong, but if the US market rebounds continuously and stands firm at 3200, there will be a continuous positive pattern at the bottom, breaking the 5-day and 10-day moving averages, then there is a great possibility that it will go to 3235. Therefore, gold in the late trading should not be inertially bearish because of the decline on Wednesday. Even if it is bearish, it is necessary to observe the gains and losses of 3200. As for trading, first pay attention to 3200 below and try to buy, and see if 3230 breaks and 3250 breaks. On the whole, today's short-term operation of gold suggests that callbacks should be the main focus, and rebound shorts should be supplemented. The top short-term focus is on the first-line resistance of 3250-365, and the bottom short-term focus is on the first-line support of 3193-3200. All friends must keep up with the rhythm.
OANDA:XAUUSDLong
by pcesfj
1
Gold intraday trading strategyFrom the 4-hour line analysis, today's lower support continues to focus on around 3170-75, strong support is at the 3150 mark, and upper pressure is around 3253-60. Relying on this range as a whole, the main tone of high-altitude and low-multiple cycles remains unchanged. In the middle position, watch more and do less, be cautious in chasing orders, and wait patiently for key points to enter the market. Gold operation strategy: 1. If gold falls back to 3170-75 and does not break, hold a light long position; if it falls back to 3150-55, add a long position; stop loss at 3144; target at 3226-3230; continue to hold if it breaks; 2. If gold rebounds to 3240-45 and does not break, hold a light short position; if it rebounds to 3253-60, add a short position; stop loss at 3266; target at 3275-80; continue to hold if it breaks;
OANDA:XAUUSDLong
by pcesfj
It’s the right time to shortUS President Trump recently criticized Fed Chairman Powell again, calling him "slow to act" and emphasizing that the Fed should cut interest rates as soon as possible to support the economy. Trump believes that delaying interest rate cuts may lead to the risk of recession in the US economy, but the Fed still takes inflation and employment data as the core of decision-making, and the two sides have obvious differences in policy positions. At present, the Fed's interest rate cut expectations have been postponed and the magnitude has been reduced. Coupled with the expectation of rising US bond yields, the gold market sentiment has weakened. The world's largest gold ETF recently reduced its holdings by 8.98 tons to 918.73 tons, reflecting the cooling of institutions' short-term bullish enthusiasm for gold. Technically, gold prices continued to weaken after breaking through key support last week, and the weekly closing was negative, suggesting that shorts were dominant; the daily level was constrained by the 20-day moving average, and the volatile downward trend may continue in the short term. Focus on the 3250-3265 line resistance during the day. If it cannot break through, the $3,200 mark below may face a test. Gold recommendation: short sell when it rebounds to 3245-3252 range. Target 3230-3220.
OANDA:XAUUSDShort
by TP_Daniel5
1
XAU/USD 4H Chart Analysis – Wave 5 Setup in PlayHey traders! Just wanted to share this clean Elliott Wave setup I’m tracking on Gold (XAU/USD). We’ve just completed what looks like a textbook Wave (4) correction, finding support right at the lower boundary of this long-term ascending channel. Price also respected the 38.2% Fibonacci retracement perfectly, lining up around the $3,090 level. That level is acting as a key demand zone right now. 🌀 According to the wave count: Wave (3) topped out near $3,500 Wave (4) retraced sharply into the channel base We are now potentially at the launch point for Wave (5) — the final impulse leg 💹 Wave (5) Projection: Targeting the upper channel boundary, which aligns closely with $3,740–$3,750 This area also completes the measured move and matches key structural confluence 📈 Technical Confluence Supporting the Bullish Bias: RSI bounced cleanly from oversold territory Bullish EMA crossover (20/50) is happening right near the bounce zone We’re also seeing a break of the corrective trend line, suggesting momentum is shifting back in favor of the bulls 📍 Key Levels to Watch: $3,149: minor pullback area / possible retest $3,283: Fib 23.6% resistance — needs to be cleared for confirmation $3,500: Major resistance & previous high — breakout zone $3,747: Wave 5 target ⚠️ Invalidation Zone: If price breaks below $3,090, and especially $3,041, I’ll be reassessing the wave count. That would suggest a deeper Wave 4 or a breakdown in bullish structure. 📌 Conclusion: I’m watching this setup closely. Gold looks poised for a strong upside leg if current levels hold. The structure is clean, momentum is turning, and we’ve got multiple confirmations in place. I’ll be scaling in with proper risk management and looking to ride this potential Wave 5 to new highs. Drop your thoughts below — are you long on Gold? Let’s talk setups 👇 @WrightWayInvestments @WrightWayInvestments @WrightWayInvestments
OANDA:XAUUSDLong
by WrightWayInvestments
XAUUSD at the Crossroads: Breakout or Breakdown?OANDA:XAUUSD Gold (XAUUSD) is trading around $3,237, currently testing a descending trendline and minor resistance. A clear breakout above this level could open the way to retest the $3,289 resistance area, followed by the $3,435 recent high and potentially the all-time high near $3,498. Failure to break higher may see the price remain range-bound between $3,240 and $3,289. A break below support at $3,123 would be bearish and could trigger a drop toward $3,050. Fundamental Drivers: Moody’s US credit downgrade continues to support safe-haven flows Fed commentary and trade uncertainty cap directional clarity Higher Treasury yields remain a headwind for Gold 📌 Key Levels: Minor resistance: $3,240 Major resistance: $3,289 / $3,435 Support zone: $3,123 / $3,050
FOREXCOM:XAUUSD
by ATFX_Global
The latest gold operation strategyFrom a technical perspective, gold prices experienced a unilateral decline on Thursday, hitting a key support level of $3,120/ounce at the lowest. In the early trading session of the European market, a strong forced short rebound began, with a daily increase of nearly $120. The daily level closed with a long lower shadow positive line, indicating strong buying support below, and the correction formed at the top of the $3,435/ounce stage may be coming to an end. At present, it is necessary to focus on whether the price can continue to stabilize the 5-day moving average (currently running near $3,220/ounce). If the closing today confirms that it has stabilized at this technical level, it can be regarded as a signal of the end of the downward trend. The market may restart the medium-term upward structure, and the market is expected to challenge the integer level of $3,500/ounce or even higher targets in the future. From the gold 15-minute K-line chart, the K-line relies on the 5-day moving average to rise continuously, and the gold market is relatively strong, but the MACD red column shrinks, and the short-term may be corrected. In terms of operation, it is possible to go long if the 10-day moving average of 3,220 is maintained. In summary, it is recommended to buy gold in the short-term correction today, and short gold in the rebound. Pay attention to the resistance of 3260-3280 on the top and the support of 3200-3190 on the bottom. Operation strategy: 1. It is recommended to buy gold in the correction area of ​​3200-3195, with a stop loss at 3187 and a target of 3220-3240 2. It is recommended to short gold in the rebound area of ​​3225-3230, with a stop loss at 3238 and a target of 3215-3200
OANDA:XAUUSD
by BarryDouglass
3202 Buy and see reboundGold, the price fell to 3120 on Thursday and then rebounded, and boosted by the market's risk aversion sentiment, it rose to 3252 overnight, and the trend continuity is poor; the daily chart recorded a real big sun, and it will maintain a wide range of fluctuations in the short term, waiting for the results of the Russian-Ukrainian negotiations; First fell back, now reported 3207; short-term decline and rebound showed a signal of stopping the decline, and a rebound and consolidation are expected in the evening; short-term support 3202, strong support 3192-3186; short-term resistance 3214-3218, strong resistance 3224-3230, break to see 3252; In terms of operation, it is recommended to try to buy in the short term; Strategy 1: Buy near 3202, protect 3192, target 3242;
OANDA:XAUUSD
by BarryDouglass
XAUUSDHello traders! I’m sharing what may be your first trade of the week. This setup comes from the XAUUSD pair. I currently see a Buy opportunity in Gold, and the trade is already active on my side. 🔍 Trade Details: ✔️ Timeframe: 15-Minute ✔️ Risk-to-Reward Ratio: 1:1.50 ✔️ Trade Direction: Buy ✔️ Entry Price: 3223.82 ✔️ Take Profit: 3237.39 ✔️ Stop Loss: 3214.78 🔔 Disclaimer: This is not financial advice. I’m simply sharing a trade I’m personally taking, based on my own methodology. It is intended purely for educational purposes. 📌 If you're interested in a more systematic and data-driven approach to trading: 💡 Follow the page and turn on notifications to stay updated with future trade ideas and market breakdowns.
FX:XAUUSDLong
by Nurlan_PT
XAUUSD – Triangle Pattern Forming with Breakout PotentialThe price of Gold (XAU/USD) has recently gone through a structural shift, transitioning from a strong downtrend to a phase of market consolidation. This transition is clearly visible on the 1H chart where price has formed a symmetrical triangle, which generally signals price compression and often precedes a large breakout in either direction. The most recent significant downtrend came to a halt near a well-identified support zone around the $3,157 level. This level aligns with previous reactions, and the price sharply rebounded from this demand area—indicating strong buyer interest and liquidity absorption. Following this, the market has shown higher lows and lower highs, compressing into a tight range that is forming the triangle pattern. 📐 Technical Structure Breakdown: 🔸 Symmetrical Triangle Pattern A classic consolidation pattern. Formed by converging trendlines—one sloping down (resistance) and one sloping up (support). This triangle signifies market indecision between buyers and sellers. Volume is decreasing, which is typical in triangle formations and suggests a breakout is nearing. 🔸 Trendline Breakout & CHoCH (Change of Character) The earlier bearish trendline was broken, indicating a change in the short-term trend bias. The CHoCH label on the chart signals the point where bearish market structure was invalidated by a bullish rally, shifting momentum toward buyers. 🔸 Support Zone ($3,157) This zone served as the springboard for the current bullish impulse. Price wicked into this level multiple times and formed long lower shadows, confirming buyer absorption. Acts as the last line of defense for bulls if price retraces after a fakeout or failed breakout. 🔸 Major Resistance Zone ($3,393) This level is derived from historical supply, where sellers previously overwhelmed buyers. Now identified as the target zone in case of a successful bullish breakout from the triangle. A breakout above the triangle would likely trigger buy-side liquidity up to this resistance area. 🔄 Trade Scenario Planning ✅ Bullish Breakout Setup: Entry: Above upper triangle boundary (aggressive) or after successful retest (conservative). Confirmation: Break and close above triangle with volume. Target: $3,393 (major resistance zone). Stop Loss: Below last higher low inside triangle or breakout candle low. Risk-to-Reward: Favorable if managed properly from triangle base. ❌ Bearish Breakdown Scenario: Entry: Below triangle support trendline or upon hitting marked Sell Stop at ~$3,223. Confirmation: Strong bearish candle closing below the triangle with rising volume. Target: $3,157 support zone (first target), lower if momentum continues. Stop Loss: Just above the breakdown candle or inside triangle top. This provides a hedge setup if the market traps breakout buyers. 📉 Curve Zone & Parabolic Projection: A curve zone has been drawn to simulate a potential parabolic move to the upside. If price respects the curve, we might witness accelerated buying once the breakout confirms. This is a visual guide to monitor momentum alignment with volume and RSI. 📊 Conclusion: The market is currently in a compressed volatility phase within the triangle. Price is winding up and preparing for a large move. The setup provides a dual-opportunity strategy, allowing traders to position for either direction, depending on which side breaks first. Key levels of support and resistance are clearly defined, and risk can be tightly managed around the breakout points. This triangle pattern, coupled with a prior CHoCH and clear curve trajectory, gives a strong technical bias for a bullish breakout, but always stay alert for fakeouts and liquidity grabs, especially before big economic news. 🔔 Trading Notes: Watch for breakout volume and RSI divergence. Avoid entering prematurely—confirmation is key. Use alerts at breakout levels. Be aware of fundamental catalysts (e.g., USD news, Fed decisions, geopolitical tensions).
OANDA:XAUUSDLong
by GoldMasterTrades
How to layout in the battle between long and short positionsGold surged directly at the opening, which is in line with our analysis expectations. We gave a short position near 3240-45. As expected, gold fell to the 3230 line for profit. There is great pressure from above and limited space above. Up to now, it has been fluctuating near 3220. For gold, we are now focusing on the short-term support of 3200-06. If it breaks through this position, it is very likely to go to the 3175-90 line. From the current trend analysis, today's support continues to focus on 3170-80, strong support 3150, and upper pressure 3253-60. Relying on this range as a whole, the main tone of high-altitude low-multiple cycle participation remains unchanged. In the middle position, you must watch more and move less, be cautious in chasing orders, and wait patiently for key points to enter the market. I will notify you of the specific operation strategy in time and pay attention to it in time. Gold operation strategy: short gold rebound near 3240-50, target 3230-3220. Pay attention to the support of 3202 and 3175 below, and go long according to the strength of the decline!
OANDA:XAUUSDShort
by TP_Daniel5
1
5/19 Gold Trading Signals🔍 Market Overview: Last Friday, gold prices entered the 3176–3148 buy zone, and after the market opened today, prices rose to 3249, yielding substantial profits. From a technical perspective, the overall trend is still under the pressure of a double-top pattern. In the short term, price action remains in a range, but the lows are gradually rising. However, indicators are not yet favorable for bulls. In this case, if the bulls want to take control, then the support at 3182–3176 becomes extremely important during any pullback. 🗞️ News Background: Trump’s tax cut bill has been approved by a key committee in the U.S. House of Representatives. 👉 This week, further progress must be closely monitored as it directly impacts gold's safe-haven demand. If trade tensions flare up again, gold is likely to rise sharply due to renewed safe-haven demand. If tensions continue to ease, downward pressure on gold will likely increase. Also, watch out for any comments on monetary policy — if rate cut expectations increase, gold could face additional downside risk. 📈 Today’s Trading Strategy: 🟢 Buy Zone: 3196 – 3176 🔴 Sell Zone: 3293 – 3318 🔄 Scalp/Flexible Trading Zones: 3188-3209-3236-3252-3269-3282
FOREXCOM:XAUUSDLong
by China_MsWang