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Xauusdsignal

Gold has reached the $3,400 level againThe Federal Reserve will announce the May FOMC interest rate decision and hold a press conference tomorrow.The market generally expects the interest rate to remain unchanged, but Powell's speech will be crucial. 👉👉👉The non - farm payrolls data in April was unexpectedly strong (with 177,000 new jobs added). Coupled with the Federal Reserve's concerns about inflation, Powell is likely to continue his hawkish stance and emphasize "inflation - fighting first". If he signals a delay in the timing of interest rate cuts, it may suppress the bullish sentiment in gold. Conversely, if he implies concerns about economic slowdown, gold may gain support. Gold has recently broken through the key resistance of $3,330 and firmly stood above the $3,400 level. The daily chart shows a clear upward channel. Gold trading advice: Go long in the range of $3,380 - $3,390 on a pullback, with a stop - loss at $3,360 and a target of $3,430. XAUUSD trading strategy buy @ 3380-3390 sl 3270 tp 3420-3430 If you approve of my analysis, you can give it a thumbs-up as support. If you have different opinions, you can leave your thoughts in the comments.Thank you!👉👉👉
FOREXCOM:XAUUSDLong
by Trading_Grorge
Gold price breaks through 3400. Bulls take control?Gold price breaks through the 3400 resistance level I predicted. And there is a trend of continuous rise. Next, Quaid will comprehensively analyze the current market situation for all traders. Technical analysis: From the daily chart, the gold price has broken through the important resistance level and formed a strong upward trend. Currently trading above $3400, it has successfully broken through the key resistance range of $3385-3400. The Bollinger Band indicator shows that the middle track is at 3231.01, the upper track is at 3485.06, and the lower track is at 2976.97, indicating that the current price is near the upper track of the Bollinger Band, showing strong upward momentum. The RSI indicator shows that the current value is 64.8, which is in the neutral to strong area, and has not yet reached the overbought level, and there is still room for growth. Quaid believes that in the short term, if gold stabilizes above $3,400, it may hit $3,430-3,450. Once it breaks through, it will open up the possibility of a higher price. Market sentiment observation: The current market sentiment is clearly biased towards risk aversion, and global geopolitical tensions have become the main driving force for gold to rise. The continued tension of geopolitical conflicts and political uncertainty in Germany have prompted market participants to seek safe assets. At the same time, expectations for the Fed's future monetary policy shift are also increasing. Although the possibility of a rate cut in May is extremely low, the probability of a rate cut in the June meeting is close to 30%. Liquidity indicators show that the trading activity in the gold market has increased and institutional funds continue to flow in, indicating that bullish sentiment in the market has the upper hand in the short term. Technical indicators have not shown obvious overbought signals, which means that the current rally still has room to continue. Compared with other asset classes, gold's relative strength is outstanding, especially in the context of the possible challenges to the status of the US dollar as a safe haven asset. Outlook for the future In the short term: Gold prices may continue to rise to test the $3,400-3,500 area. The Fed's decision will be a key trigger for gold prices in the near term. If the Fed shows a dovish attitude, gold prices are expected to further break through historical highs. Medium term: Global geopolitical uncertainty is expected to continue to support gold prices. If geopolitical conflicts escalate further or the situation in the Middle East deteriorates, safe-haven demand may push gold prices to hit the $3,600 level. At the same time, market expectations of a shift in the Fed's monetary policy will be another key factor affecting gold prices. Long term: From a macro perspective, the current combination of slowing global economic growth and geopolitical tensions will continue to provide support for gold.
OANDA:XAUUSDLong
by Quaid-1
Gold Completes Wave 4 - Pullback – Time for the Next PushGold ( OANDA:XAUUSD ) touched $3,223 as I expected in the previous idea (Full Target) . Gold has managed to break the Resistance zone($3,308-$3,293) and is trying to break the Resistance lines and complete the pullback . In terms of Elliott wave theory , it seems that Gold is completing microwave 4 , which could act as a pullback to the broken Resistance zone($3,308-$3,293) . After the completion of microwave 4 , we should expect Gold to attack the Resistance lines to complete microwave 5 . I expect Gold to rise to at least $3,232 , and if the Resistance zone($3,387-$3,357) breaks, we can expect further gains . Note: If Gold touches $2,272 (the worst Stop Loss(SL)), we can expect further declines. Gold Analyze ( XAUUSD ), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a 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.
OANDA:XAUUSDLong
by pejman_zwin
18
Gold's upward momentum continues. Will gold continue to see an uFundamental analysis: Tomorrow will see the decision of the Federal Open Market Committee, which may pose a risk to bulls as the Fed is likely to refute the market's aggressive dovish pricing expectations. From a more macro perspective, as the Fed implements loose policies, real yields may continue to fall and gold is still in an upward trend. But in the short term, more positive news on tariffs and a hawkish stance by the Fed may trigger a further decline in gold prices as the market readjusts to the new situation. Technical analysis: Gold prices broke through the shock range strongly in the early Asian session, jumping from $3,330 to $3,386, and then slowly fell to $3,350; it climbed again to $3,385 during the European session. The European session did not break through the early high, but there was no excessive retracement, and the European session as a whole maintained high shocks. Looking at the 4-hour chart, the current upward resistance is 3,395, and the support level is 3,350 below. If the upward movement today can strongly break through the resistance level of 3395, the price of gold may reach the high point of 3400-3430. If the price of gold fails to break through the resistance level of 3395 and continues to fluctuate at a high level, it will prepare for a continuous rise and break through the high. Operation strategy: Long strategy: enter the market and do more, and the upward range looks at the high point of 3400-3430. Short strategy: short at 3410, and the downward position looks at the support range of 3370-3350.
OANDA:XAUUSDLong
by Quaid-1
Long positions in the US market remain the main trend🗞News side: 1. The “demand shock” of the Trump administration’s tariffs on the global economy 2. The United States rejected Japan’s request for a comprehensive exemption from 10% reciprocal tariffs and country-specific tariffs in recent negotiations. 3. The conflict between Israel and the Houthis 📈Technical aspects: The 4H golden moving average spreads upward, the MACD golden cross opens upward, and the 4H overall bullish trend is seen. Gold price encountered resistance at 3386 in the morning of the Asian session. This point can be used as a reference in suppressing the market outlook. If this resistance is effectively broken through, bulls are expected to continue to work towards the 3400 first-line mark above. The daily chart is positive, and the K-line combination is relatively strong. The US market is expected to break through 3386 and reach the space above 3400; the SMA10 moving average of 3370 continues to be bullish as the primary support, with strong resistance to 3400. Even if the price of gold in the US market rises and falls, the middle track of the Bollinger Bands still has good support. On the whole, we mainly focus on long positions in short-term trading. We can consider the 3370-3380 layout to go long, with the target looking towards 3400-3410 above. 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
OANDA:XAUUSDLong
by AllenBoswell
XAUUSD:The bullish forces make a strong comeback.Yesterday, the gold market soared with an impressive rally. It started rising during the Asian trading session, continued the upward trend in the European session, and witnessed a further surge in the American session. Eventually, it closed at a high level, fully demonstrating the strong comeback of the bullish forces, which is by no means a short-term rebound. In the early trading session of today, we precisely seized the opportunity and placed two long positions near $3,325. Currently, we have successfully locked in the profits after the price reached a peak. In the following period, we will focus on the price correction and pullback. Once the price stabilizes after the pullback, we will maintain a bullish outlook. If the price moves steadily during the European trading session, we can temporarily adopt a wait-and-see attitude. If the upward trend continues, the pullback before the American trading session will be an excellent opportunity to follow up. Overall, based on the judgment that the Asian, European, and American trading sessions will maintain a continuous upward trend in tandem, we will keep seizing opportunities to go long. In the future, we will continue to monitor the market changes and update the trading strategies in real time. 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.
FOREXCOM:XAUUSD
by H_C_12
GOLD Price Analysis: Key Insights for Next Week Trading DecisionGold ended last week under pressure as investors booked profits following improved risk appetite, driven by easing trade tensions and a strong U.S. labor market report. 📰 NFP came in at +177K in April, with the unemployment rate steady at 4.2%, matching forecasts—possibly keeping the Fed cautious on policy easing. Technically, Gold remains bullish but is now testing the $3,200 support zone, and sellers are gaining momentum. As we head into next week, gold price action is at a critical decision point, and whether buyers or sellers will take control is unclear. In this video, I break down the key technical zones, share my trading plan, and discuss potential opportunities to help navigate the uncertainty ahead. Disclaimer: This is my take based on experience and what I see on the charts. It’s not financial advice—always do your research and consult a licensed advisor before trading. #GoldAnalysis #XAUUSD #GoldPrice #ForexTrading #TechnicalAnalysis #FundamentalAnalysis #GoldOutlook #FedRateDecision #NFP #GoldBreakdown #GoldBulls #GoldBears #USJobsReport #ForexMentor
EIGHTCAP:XAUUSD
by darcsherry
2
XAUUSD Price Action: Bullish Break + Liquidity Sweep Trade Idea🪙✨ Gold (XAUUSD) Technical Outlook ✨📈 I’m currently analyzing XAUUSD on both the daily and 4H timeframes, and here’s what I’m seeing: 🚀 Price has broken bullish structure and is now looking overextended, pushing into a buy-side liquidity zone—clearly visible to the left of current price action. 💰📊 It’s clearing buy stops, which could trigger a retracement soon. 🧲🔁 🎯 I’m watching closely for a pullback into the 50%–61.8% Fibonacci retracement zone on the current price swing—that’s my key point of interest for a potential long setup, provided we see a healthy pullback followed by another bullish break of structure. 🔍🔐 🧠 Not financial advice—just my personal analysis. Always manage risk. ⚠️📉
FX:XAUUSD
by fxtraderanthony
2
XAUUSD trading opportunities.6/5/2025The increase in uncertainty also caused the XAUUSD trend to continue to strengthen. The target position of 3330-3350 set yesterday is the short-term pressure position. In the Asian market, XAUUSD/GOLD hit the recent high again. After reaching 3387, it fell back. The current price is 3350. According to the momentum chart, the market is in a stage of bullish growth. Risk aversion has increased, which has led to more buying than selling. In terms of trading, traders with large amounts of funds can buy at the current price, and those with small amounts of funds can wait until the market retreats below 3330 before choosing to join again. The Swing Trading Center continues to update new real-time trading opportunities. If you don't know how to trade, or don't want to miss the next real-time trading opportunity, remember to follow me.
OANDA:XAUUSDLong
by Band_analysis
1
XAUUSD 3265: Bull-Bear Lifeline! Next Week's Trend PredictionFrom a daily chart perspective, overnight, the price of gold rebounded after hitting the bottom and closed with a bullish candlestick 🌞. However, on the 1-hour chart, the moving averages of gold have formed a bearish crossover pattern and are arranged in a downward trend for bears 📉. Moreover, this pattern will eventually continue to diverge downward. Currently, the price of gold has been suppressed and pulled back near the level of 3265 ⚠️. It can be seen from this that the area around 3265 will still be a crucial turning point determining the bull-bear trend of the gold price next week ⚡. Join 👉 In the latter part of the night, although the price of gold rebounded to some extent, compared with the previous decline range, the rebound strength is indeed limited 📉↗️. Looking ahead to next week, if the gold price fails to break through the resistance near 3265, then the market will most likely only maintain a volatile pattern at best, and it is less likely for the bulls in the gold market to achieve a direct reversal in the short term 📊. Investors should focus on the resistance at 3265 above and the strong support at the key level of 3195 below 🔍. Join 👉 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:XAUUSDShort
by Sovereign-
Gold returns to the bull market as expected, follow-up layout🗞News side: 1. The “demand shock” of the Trump administration’s tariffs on the global economy 2. The United States rejected Japan’s request for a comprehensive exemption from 10% reciprocal tariffs and country-specific tariffs in recent negotiations. 3. The conflict between Israel and the Houthis 📈Technical aspects: From a technical point of view, the 4H gold bulls are once again making an impact. At the top, we focus on the short-term suppression of the 3380-3390 line, focusing on the suppression of the 3400 line. Below, we focus on the short-term support of the 3350 line, and the important first-line support of 3335-3340. In terms of operation, we mainly go long by stepping back on 3350-3360, and the target is temporarily looking at 3380-3390. In the middle position, we should watch more and move less, pursue orders cautiously, and wait patiently for key points to enter the market. 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
OANDA:XAUUSDLong
by AllenBoswell
Gold is rising strongly. What is the reason?Analysis of today's market in Asian session: Last week, the price of gold rebounded to above 3240, the lows were constantly rising, and the highs were broken; such a rebound is tempting traders to short. In the morning of Asian session, the price of gold rose rapidly from 3320 to 3385 US dollars. In just two days, the price of gold recovered the decline during the Asian holiday. In the current market situation, it is not far away to rush back to the high point. The key to the price increase in the morning of Asian session may also support the European session and the US session. You can use a long strategy during this period. However, you must pay attention to the continuity of the gold price. If there is an attack in the market transaction, there must be a defense; the downward or upward resistance level must be clear after the breakthrough position, how to operate to maximize the benefits and minimize the losses. Quaid believes that if gold pulls back, its support point needs to focus on the 3340-3350 range, and the defense position is 3320; the position of the Asian morning rise should be paid attention to. If it falls below this position, you need to adjust the strategy in time. Quaid believes that the upward trend is currently focused on $3380-3400.
OANDA:XAUUSD
by Quaid-1
Gold is once again affected by tariffs and rises sharplyNews: Gold rose sharply, mainly because Trump announced a 100% tariff on all films produced abroad and entering the United States, which once again triggered global trade tensions. At the same time, the conflict between Russia and Ukraine is still ongoing, and the situation in the Middle East has become tense again. For example, Israel’s missile attacks retaliated against the Houthi armed forces in Yemen and Iran. These have stimulated gold’s safe-haven properties and pushed up gold prices. Technical aspect: Gold bulls are strong, so there is a certain risk in shorting gold. The point of concern below is the low of 3323. If gold continues to maintain its strength, it is impossible to fall below the 3323 line again. Trading ideas: Buy gold near 3338, stop loss 3330, target 3360
TVC:GOLDLong
by Fortune-signal
GOLD Weekly OUTLOOK HAPPY MONDAY XAUUSD GOLD DROPPING FROM 3335 TO 3367 Helping us make substantial positive gains. Gold will first reach 3338 or 3365 and then drop below.Then it will go to my target which I have mentioned in the target up chart 3260If you like my chat, please support and like it.My charts always come out right. I hope this chart of mine comes out right too. GOOD LUCK AND TRADE SAFELY! THANKS FOR YOUR UNWAVERING SUPPORT! LIKE OUR IDEAS COMMENT ON OUR IDEAS SHARE OUR IDEAS TEAM ISABELLA01
OANDA:XAUUSDShort
by Isabellafx01
1
XAU/USD "The Gold" Metals Market Heist Plan (Swing/Day Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Robbers, 🤑 💰💸✈️ Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the XAU/USD "The Gold" Metals Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is to escape near the high-risk ATR Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉 Entry 📈 : "The heist is on! Wait for the NEUTRAL LEVEL breakout (3400) then make your move - Bullish profits await!" however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level for Pullback entries. 📌I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs. Stop Loss 🛑: "🔊 Yo, listen up! 🗣️ If you're lookin' to get in on a buy stop order, don't even think about settin' that stop loss till after the breakout 🚀. You feel me? Now, if you're smart, you'll place that stop loss where I told you to 📍, but if you're a rebel, you can put it wherever you like 🤪 - just don't say I didn't warn you ⚠️. You're playin' with fire 🔥, and it's your risk, not mine 👊." 📍 Thief SL placed at the recent/swing low level Using the 4H timeframe (3200) Day trade basis. 📍 SL is based on your risk of the trade, lot size and how many multiple orders you have to take. 🏴‍☠️Target 🎯: 3680 (or) Escape Before the Target 🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 💰💵💴💸XAU/USD "The Gold" Metals Market Heist Plan (Day / Swing Trade) is currently experiencing a Neutral trend (there is a chance to move bullishness🐂).., driven by several key factors.👆👆👆 📰🗞️Get & Read the Fundamental, Macro economics, COT Report, Geopolitical and News Analysis, Sentimental Outlook, Intermarket Analysis, Index-Specific Analysis, Positioning and future trend targets with Overall Score...... go ahead to check👉👉👉🔗🔗🌎🌏🗺 ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
FXOPEN:XAUUSDLong
by Thief_Trader
XAU/USD "The Gold" Metal Market Heist Plan (Day Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Robbers, 🤑💰✈️ Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the XAU/USD "The Gold" Metal Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk GREEN MA Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉 Entry 📈 : "The heist is on! Wait for the Neutral Level breakout then make your move at (3260.00) - Bearish profits await!" however I advise to Place sell stop orders above the Moving average (or) after the Support level Place sell limit orders within a 15 (or) 30 minute timeframe most NEAREST (or) SWING low or high level for Pullback entries. 📌I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs. Stop Loss 🛑: "🔊 Yo, listen up! 🗣️ If you're lookin' to get in on a sell stop order, don't even think about settin' that stop loss till after the breakout 🚀. You feel me? Now, if you're smart, you'll place that stop loss where I told you to 📍, but if you're a rebel, you can put it wherever you like 🤪 - just don't say I didn't warn you ⚠️. You're playin' with fire 🔥, and it's your risk, not mine 👊." 📌Thief SL placed at the nearest/swing High or Low level Using the 3H timeframe (3360.00) Day/Scalping trade basis. 📌SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 3170.00 (or) Escape Before the Target 💰💵💸XAU/USD "The Gold" Metal Market Heist Plan (Scalping/Day Trade) is currently experiencing a Bearish trend.., driven by several key factors.👇👇👇 ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
FX:XAUUSDShort
by Thief_Trader
Gold bulls are back in force. What is the operation strategy?The gold price has reached the sideways fluctuation range expected by Quid. This matches my morning prediction. From the 4-hour trend: Gold has now broken through the first upward resistance level predicted by Quid, and is currently fluctuating slightly in the 3315-3320 range. The current upward resistance position is around 3330. The lower support is currently located at 3275-85. If gold does not retreat, then the upward trend may test the position around 3350. On the contrary, if gold chooses to retreat, traders need to pay attention to the 3275-3285 decline range. Quid believes that as long as gold retreats and stabilizes in the 3275-3285 range, then a long operation strategy can be carried out at this position. The current upper high is still at 3350. If the upward resistance level of 3350 is broken later, I expect the price of gold to reach a height of 3380-3420.
OANDA:XAUUSD
by Quaid-1
1
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
OANDA:XAUUSDLong
by AllenBoswell
Gold prices rose rapidly after falling. What happened?Gold prices rose in late Asian trading hours. In the morning, gold prices stabilized above $3,250 as investors returned to defensive assets due to continued uncertainty in the US trade agreement with China and Japan, and increased geopolitical tensions in the Middle East and Ukraine. The weak dollar before the Fed meeting and the decline in expectations for rate cuts also supported gold demand. The market focus remains on US trade news and the hawkish stance that the Fed may take this week. Quaid's analysis of market views: 1. Despite the short-term adjustment in the market, the bullish logic of gold still exists, and bullish investors are more willing to buy when the price is low. The continued volatility of US government policies and the slowdown in US economic growth constitute strong support for gold. 2. During the previous Asian holiday, the gold market fell to the key support of $3,200. After the opening, Yanzhou buyers quickly bought at a low price, causing gold to rise rapidly in the short term. Quaid believes that from a technical point of view, the gold price has reached the bottom resistance level of the range. If the price of gold does not react to the false breakout and continues to hit 3315-3320, then a breakout and consolidation above this level will strengthen it to 3320-3350. Upward resistance: 3315, 3320, 3350 Downward support: 3265, 3250, 3220 Since the opening, the price of gold has retested 3269 twice. Buyers are testing the resistance level in the hope of a breakout. If the bulls break through 3315-3320 and consolidate above 3310, the possibility of an upside move will be high. However, the possibility of another test of the liquidity area of ​​3250 before the upside move cannot be ruled out. If the price of gold breaks through the upward resistance, traders can try to go long in the short term and conduct scalping. On the contrary, if the price of gold fluctuates sideways in the 3310-3315 range, Quaid recommends shorting in this range.
OANDA:XAUUSD
by Quaid-1
1