Gold price rises and then sells off?Information summary:
Yesterday morning, gold prices soared due to the impact of international news, hitting an intraday high of $3,253.
On Friday, Asian time, gold suddenly fell rapidly in the short term, and the price of gold currently fell to around $3,215/ounce, a sharp drop of nearly $28 in the day.
Gold price targets higher, but the bullish potential is limited in the short term. The focus will be on the preliminary value of the University of Michigan Consumer Confidence Index in May.
Technical analysis:
Looking at the daily chart, gold prices rose on Thursday, but both the high and low points of the day moved down from the previous trading day. On the other hand, the 20-day moving average eased down to around $3,305/ounce, while the 100-day and 200-day moving averages maintained an upward tilt at a level far below the current gold price. Finally, the trend of technical indicators is upward, but it is still below the previous intraday high and in the negative range, which shows that buyer sentiment is not very high.
The short-term trend shows that gold buyers still lack full confidence.
You need to pay attention to the important support and resistance levels:
Support level: $3,200; $3,175; $3,160.
Resistance level: $3,230; $3,245.
Operation strategy:
Buy around $3,200, stop loss at $3,190, and profit range at $3,250-3,280.
Xauusdsignal
Is there still a chance for short sellers to make a profit?At present, gold continues to rebound to around 3230, and the intraday rebound has reached $100. Today, both short trades have touched SL, giving back most of the profits of the long positions in the morning. So are there still opportunities for shorts to make profits?
I think there are still considerable profit opportunities for shorts. Although gold has rebounded strongly to around 3230, it will soon face the short-term resistance area of 3240-3245, which happens to be the 38.2% split area when it retreats from 3435 to 3120, so this area has a certain suppression effect on gold in the short term! Then there is the suppression effect of the area around 3260; so I think there are still considerable profit opportunities for gold shorts. As gold rebounds, the short-term support below is raised to 3200-3190, followed by 3175-3165.
Trading strategy:
Consider trying to short gold in the 3235-3245 area, TP: 3200-3190
Gold: Sell in the 3252-3272 rangeDuring today’s session, gold rebounded steadily from around 3120, ultimately closing near 3240, marking a massive $120 surge. Judging from this momentum, price is likely aiming to fill the gap around 3266.
However, after such a sharp rally, chasing long positions at high levels can be risky — potential for getting trapped is high.
🔍 Gap zone: 3266–3272
📌 Before reaching this zone, resistance exists near 3252
📈 Trading Plan:
If price does not pull back below 3213 after the market opens and instead continues climbing:
👉 Avoid chasing longs.
👉 Consider shorting near the 3252–3272 resistance zone.
If you still want to go long:
✅ Keep your target small
✅ Use a quick in, quick out approach — scalping style
🎯 Manage your positions carefully after strong moves like this.
Gold is likely to trend upward Gold has made a perfect V - shaped reversal today. It opened at 3,177 and declined unilaterally in the Asian session, once dropping to around 3,120, reaching a new low since April 10. Then it gradually climbed all the way, and has now completely recovered the decline, with a rising trend.👉👉👉
On Friday, we continue to anticipate a bullish daily close for gold. However, if the pullback falls below 3,200, the daily cycle may narrow again, leading to a sustained rebound to 3,235 and 3,260. Therefore, the key point is to monitor whether the price holds above or breaks below 3,200.
For short-term trading of gold, the recommended strategy is to focus on going long during pullbacks and supplement with shorting during rebounds.
Short-term key resistance to watch above: 3250-3260 level
Short-term key support to focus on below: 3190-3200 level
XAUUSD trading strategy
buy @ 3210-3215
sl 3195
tp 3230-3240
If you think the analysis helpful, you can give a thumbs-up to show your support. If you have different opinions, you can leave your thoughts in the comments. Thank you for reading!👉👉👉
Current Gold Trend Analysis and Trading StrategiesThe real-time trading signals we provided have been profitable every day. If you don't know how to get started, you can refer to my strategies. 👉🏼👉🏼👉🏼
After the gold price broke below 3202 during the US trading session, it rebounded to a high of 3198 at most. This rebound is merely an oversold bounce, and the price subsequently fell back again. Although it has not hit a new low yet, the pattern has weakened, making it difficult to rise again for now. In a weak bearish trend, the price may even struggle to break above 3198. The short-term support below is at 3150-3160.
On the 1-hour chart of gold, the death cross in the bearish arrangement continues to point downward, and bearish momentum remains strong. Rebounds still provide opportunities to go short. Due to the lack of obvious sustained upward momentum in the short term, this market is just a rebound. Therefore, it is recommended to short on rebounds during the US gold session.
In summary, the current short-term trading strategy for gold is recommended to focus on shorting on rebounds, supplemented by longing on pullbacks. The key short-term resistance level to focus on above is the 3200-3205 range, while the key short-term support level below is the 3150-3160 range.
Investment itself is not risky; it is only when investment is out of control that risks occur. When trading, always remember not to act on impulse. I will share trading signals every day. All the signals have been accurate without any mistakes for a whole month. No matter what gains or losses you've had in the past, with my help, you have the hope of achieving a breakthrough in your investment.👇🏽👇🏽👇🏽
Continue to short goldTechnical aspect:
Gold rebounded gradually after hitting 3120, and has now rebounded to around 3200. Where will gold rebound? Is there still a chance to continue to short gold?
In fact, from the current structure, gold has not shown a clear bottoming signal, so this wave of rebound can only be regarded as a technical repair after the decline; however, the rebound from 3120 to around 3200 is not small, which will significantly increase the probability of 3120 as a short-term bottom; so where will gold rise? I think gold is currently under resistance in the 3200-3210 area, and it may be difficult to break through this resistance area in a short period of time. When facing this resistance area, gold may fall under pressure and test the 3165-6155 area again;
If gold really needs to form a reversal structure, it is necessary for gold to retest the 3165-3155 area support again and form a "W" double bottom structure with the 3120 low; only in this way can a complete reversal structure be formed.
Trading strategy:
Consider continuing to short gold in the 3195-3205 area, TP: 3165-3155
Gold changes trend? Latest analysis.Information summary:
Due to the easing of trade tensions between the world's two largest economies; suppressing safe-haven demand, and investors waiting for US economic data for more clues on future interest rate trends. On Thursday, Asian time, gold prices fell to their lowest point in more than a month. At one point in the session, it hit the lowest level since April 10 at $3,120. The price has now rebounded to around $3,190.
Technical analysis:
Gold once again showed a trend of falling first and then rising, basically swallowing up all the declines in the Asian market. Is gold about to start a new round of rise? I don't think it is possible to judge that the upward trend is established now. Because from the weekly line, the price rushed up and fell back, and the more obvious signal is that it will fall again.
From the daily rhythm, today fell first and then rose, and the short-term rise was strong, swallowing up all the declines in the Asian session and there are signs of continued rise. But in terms of rhythm, the watershed of the Asian session's decline is the integer mark of 3,200. If it continues to be suppressed below the watershed, the market will still fall.
Operation strategy:
Short around $3205, stop loss at $3215, profit range at $3180-3175.
If the gold price breaks through the $3,200 resistance with strength and stays above this level, we need to change our strategy.
Gold V-shaped reversal? How to solve the short order quilt🗞News side:
1.PPI has fallen for three consecutive months
2. Russia-Ukraine talks are ongoing
3. Powell says the era of long-term low interest rates is over
📈Technical aspects:
Gold rebounded from oversold in the European session, hitting a low of 3120 before pulling back and rising. After a second retracement to confirm 3130, it made a V-shaped reversal. Currently, gold is still testing the 3190-3200 resistance line. Before breaking the resistance range, gold may still usher in a second bottom detection
🎁SELL 3190-3200, SL 3210, TP 3170-3160
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
XAUUSD SHORT SELLING RESISTANCEHere I Created This XAUUSD Chart Analysis
Pair : XAUUSD (Gold)
Timeframe: 15 - Minutes
Pattern: Resistance
Momentum: Bearish/ SELL
Entry Level : SELL 3187
Resistance zone : 3190
Target Will Be : 3160
Disclaimer : This signal is based on personal analysis for learning purposes. Trade at your own risk and always use proper risk management.
5/15 Gold Trading Signals🌇Good afternoon, everyone!
Yesterday, gold broke the support after some sideways movement and touched the buy zone near 3170, but profit was limited.
Today, after opening, gold rebounded to above 3190 but faced resistance and started dropping again. Notably, the 1-hour chart shows bullish divergence, and although not yet corrected, such divergence usually leads to a rebound of at least $60 — a potential opportunity worth watching.
🗞 News Highlights:
U.S. Initial Jobless Claims
Research conference on monetary policy and economy
These events may significantly impact gold, so stay alert.
📌 Today’s Trading Strategy:
🟢 Buy Zone: 3113 – 3076
🔴 Sell Zone: 3208 – 3223
🔄 Flexible Trading Ranges:
▫️3123-3152-3168-3187-3198
✅ Maintain cautious, flexible positioning. Watch for divergence correction opportunities for a potential sharp rebound.
Gold Reversal Potential from Falling Wedge + Demand Zone
Gold (XAU/USD) is showing signs of a potential bullish reversal on the 15-minute chart. After forming a falling wedge pattern and reaching a key demand zone around 3120, price action suggests a possible bounce.
Falling wedge breakout observed with increasing volume
Strong rejection from the 3120 support zone
Risk-to-reward setup aligned with bullish momentum
Watch for continuation if price holds above the minor trendline
This idea is for educational purposes only and not financial advice.
Channel Breakout with Bullish Reversal on XAUUSD (15M)"
Price moved within a clean descending channel and eventually broke out with momentum. After forming a strong reversal candle near previous support, a long position was considered. Volume increase confirms potential buyer interest. Setup aims for upper imbalance / liquidity zones. Chart shown on 15-minute timeframe.
Focus on the long-short game at the 3,100 support level.The gold price broke below the 3,200 mark as expected during intraday trading and continued its retracement trend this morning.
With the easing of trade tensions, market anxiety has subsided, and the weakening of risk aversion has led to selling pressure on gold. This phenomenon highlights the significant impact of fundamental factors on the market, though their time-sensitive nature must be noted. In the long term, the overall upward trend of gold is not solely determined by single factors such as tariffs or geopolitical tensions—these elements primarily influence short-term movements. It is worth noting that when the market forms a highly unanimous bearish sentiment, it may instead accumulate momentum for a rebound in gold prices. Although the current market is in a weak correction phase, blind short-chasing remains inadvisable.
A number of key data releases are expected today, and their guiding impact on gold prices requires close attention.
Focus on the validity of the $3,100 support level. If the price stabilizes above this level, a light long position can be considered, with a target of around $3,180.
Currently, as the price has broken below $3,140, be wary of further correction risks, and short positions should flexibly adjust stop-profit and stop-loss levels based on real-time data.
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.
Gold: Go long and pay attention to Resistance near 3202Accurate prediction, controlled risk, and solid profits — follow the strategy and stay ahead!
At the market open today, I shared a buy strategy, aiming for a gap fill near 3266. However, during the Asian and European sessions, gold broke below its bullish trendline, indicating a shift in trend.
⚠️ Fortunately, I promptly alerted everyone before the U.S. session, minimizing any losses on long positions and advising a quick switch to short. At that point, I clearly stated:
➡️ “Price is likely to drop quickly to the 3180–3150 zone.”
📉 The market responded accordingly — short positions hit the target zone successfully.
Later, I pointed out the 3198–3209 resistance zone, emphasizing that without a breakout, prices would pull back again. The result? Gold stalled near 3198 and dropped to 3170, delivering solid profits for those who followed the plan.
🔍 Current Market Analysis:
✅ Closing price: Around 3177
This is a weak short-term bottom, and gold has not yet reached strong support levels. However, after such a sharp decline, a technical rebound is likely, and small long positions can be considered with proper risk control.
📌 Short-term resistance (30-minute chart):
3188
3194
3202
🎯 Key support zone (4H chart):
Primary support: 3134–3099
Intermediate levels: 3175 / 3163–3152
📈 If prices rebound to around 3200 or below and fall again,
👉 The 3134–3099 area could be ideal for medium-term long entries.
Key Event Alert:
This Thursday features:
U.S. Initial Jobless Claims (fixed time)
Thomas Laubach Research Conference (exact time TBD)
📌 The conference focuses on monetary policy and economic outlook, which may have a notable impact on gold. Be sure to watch closely.
🕰 I’ll continue sharing live strategies before and during the U.S. session tomorrow.
If you're trading gold, remember to manage risk carefully.
Follow the trend, trade with discipline — that’s the path to consistent success.
2000+ Pips Down This Week – Can Gold Finally Breathe?Yesterday, Gold continued its aggressive drop and, as expected, broke below the key 3200 level, reaching the 3165 support zone and even exceeding it — trading now around 3136.
The move that started on Monday is extremely sharp — more than 2,000 pips lost in just a few days — and follows the same pattern we've seen recently: rapid, volatile swings.
________________________________________
❓ Is this the bottom, or will the fall continue?
At this stage, calling a bottom is risky. There is no clear sign of exhaustion on higher timeframes, and Gold remains vulnerable.
________________________________________
📌 What I’m watching now:
• Lower timeframes (M30–H1) for signs of a temporary reversal
• Potential bullish divergence
• Watching for spikes down followed by sharp reversals to the upside as potential long entries — aiming to catch a short-term correction within the broader downtrend
________________________________________
📊 Trading Plan:
For now, I will wait for a possible upside correction, but I won’t rush in. If signs of a bottom emerge, I might catch a short-term bounce, with tight risk.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Gold Breaks Lower: Geopolitics Calm, Yields Rise, Bulls RetreatOANDA:XAUUSD Gold weakened beneath $3,150 as easing US-China trade tensions and fading Fed rate cut expectations dented safe-haven demand. US Treasury yields rose, putting further pressure on non-yielding assets. Technically, gold is testing crucial support at $3,123. A break lower can see potential for downward movement to $3,084. Fed Chair Powell speech and PPI data remain key for short-term guidance.
Resistance : $3,171 , $3,229
Support : $3,123 , $3,084
Gold prices fell by more than $50. Two news will be released.At the end of the Asian session, gold accelerated its decline, with the lowest price falling to around $3,123, and plummeting more than $50 during the day.
Gold prices continued to fall in the Asian session and were under pressure from multiple factors. Optimism about Sino-US trade weakened gold's safe-haven effect. In addition, reduced bets on the Fed's rate cuts and rising US Treasury yields are also not conducive to gold prices.
There are two pieces of news to pay attention to in today's trading market.
1. At 8:30 a.m. US time, the U.S. Census Bureau will release April retail sales data.
2. At 8:40 a.m. US time, Federal Reserve Chairman Powell will deliver an opening speech at the second Thomas Laubach Research Conference. (This conference will focus on research on monetary policy and economics, and is expected to provide an academic perspective for the Fed's commitment to review the monetary policy framework every five years.)
Trading analysis:
Gold prices have just fallen below the $3,140 support level, which makes gold prices vulnerable. Some follow-up selling could push gold further towards $3,100; if it falls below this level, gold could target $3,060.
On the upside, if gold prices rise back above the $3,160-3,170 area, it could face strong resistance at the Asian session high and then $3,200.
Any further gains in gold prices could be seen as selling opportunities and could lose upward momentum around $3,230. This is a key level, and if it breaks through this level, a new round of short-covering could push gold prices up to $3,265 to form resistance before moving towards the $3,300 mark.
Market trading is risky, and I hope you will take profits in time; make a good profit.
Gold plummets, pay attention to the 3100 first-line support🗞News side:
1. Russia and Ukraine hold ceasefire talks
2. Initial jobless claims data released during today's US trading session
3. Trump administration exposed to trillions of national debt
📈Technical aspects:
Gold has been in a sideways consolidation yesterday, and we did not have a good entry opportunity to trade in the evening. Today, it has been falling with inertia since the opening of the market. It has now fallen to around 3130, successfully breaking through 3150, the key early point. At present, the daily chart of gold is in a downward wedge arrangement, with the focus on 3130 support below and 3200 suppression above. If the European market cannot fall below 3130, then be wary of bullish counterattacks.
On the other hand, if we fall below the 3130 line, we will fall back and continue to focus on the 60-day moving average support 3105-3110 area. Therefore, in terms of operation, gold will first focus on the 3130 first-line support. If it breaks below, wait for the 3105-3110 area and then consider buying based on the long-short game. The top target is the 3190-3200 area. If it does not break 3200, then go short!
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
XAUUSD SellThis week's trading cycle is fast. And there are huge fluctuations. The news is still more negative. So the decline is expected. Followers have also gained rich profits.
At present, the entire trading logic is still mainly selling. With the gradual realization of the goal, the space below becomes larger.
After the target of 3160-3130 is reached, XAUUSD has reached the lowest position of 3119. This is a huge drop. The trading opportunities are also greater. At present, 3150-3130 is a support in a dense trading area. In the short term, you can pay attention to the rebound position of 3160-3172DE selling position. The target is 3100-3070.
If it breaks through 3175, then the short-term needs to pay attention to the upper pressure level of 3200-3210. The transaction is still mainly selling.
Gold Holds Key Support Ahead of CPIOANDA:XAUUSD Gold (XAU/USD) edged higher to $3,255 early Tuesday as traders awaited the US April CPI report. While the 90-day US-China tariff truce improved market sentiment and limited gold’s upside, geopolitical tensions in Ukraine, the Middle East, and South Asia continue to drive safe-haven flows. A de-escalation in US-China trade tensions triggered the recent pullback, with price failing to reclaim the $3,271 resistance. The $3,213 area remains a major support. A break above $3,271 is needed to resume bullish momentum, while failure to hold $3,213 could expose $3,127.
Resistance : $3,271 , $3,305
Support : $3,213 , $3,127
Gold slips as trade optimism dents safe-haven demandOANDA:XAUUSD Gold remains stable around $3,237 as easing US-China trade tensions eroded safe-haven demand. The US cut its "de minimis" tariff on small Chinese parcels to 30%, with further progress in talks dampening gold's short-term appeal. Market focus now turns to the upcoming US PPI data for clues on the Fed’s rate path. Technically, gold is hovering just above the key $3,213 support. A break below could trigger further losses toward $3,132. Resistance remains near $3,264 and $3,306.
Resistance : $3,264 , $3,306
Support : $3,213 , $3,132
XAUUSD target range 3160-3130Continue to short and make a profit. So how to trade next time?
The news is very stable at present. Especially about the news related to geopolitics and tariffs, there are no more conflicts to cause the momentum of XAUUSD to rise. So the feedback on the chart is a decline.
Although there were some small losses in buying. But the subsequent shorting made a good profit. After making up for the losses, there is still some profit.
Next, continue to pay attention to the target range of 3160-3130 below. Investors with larger funds can choose to trade at the current price. 3210-3200 gradually increase the buy order. More detailed information can be obtained in the band trading center.
If you don’t pay attention, you can observe and read it. You can also leave me a message.