Is it a pullback or a reversal?Recently, the price of gold has repeatedly broken through the 3400 level, but has failed to stabilize after multiple attempts to break through. Simply put, the 3400 level is like a door that the bulls are desperately trying to push open, but if they can't, gold may pull back to the 3340-3396 level to take a breath. There are currently two key signals in the market: one is that the hourly chart shows that the price of gold has risen too fast in the short term and may need to pull back; the other is that before the release of non-agricultural data, the market tends to be cautious, and the possibility of shorting at high levels is increasing.
Xauusdupdates
6/3 Gold Analysis and Trading SignalsGood morning, everyone!
Gold climbed to the 3370 area yesterday without showing any significant pullback, indicating that bullish momentum remains intact. After this morning’s opening, the price continued to rise, and from a technical perspective, there’s still room for further upside. The 3400 level is likely to be tested today, and if accompanied by increased volume, gold may extend gains towards the 3416–3438 resistance zone.
From a tactical standpoint, a technical retracement after today’s rally is the base case scenario, and intraday trades can be structured within the broader 3440–3320 range. On the downside, the 3368 level is the first key support to watch, followed by 3352, which could serve as a pivot area if a pullback occurs.
On the macro front, two economic data releases are scheduled during the US session, along with a Q&A session involving Fed’s Goolsbee, which could inject short-term volatility into the market.
📌 Trade Plan for Today:
Sell within the 3416–3438 zone, with controlled position sizing; short-term strategy preferred.
Buy near the 3338–3321 support area, with a defensive setup and tight risk control.
Flexible trading levels to monitor: 3421 / 3413 / 3397 / 3386 / 3367 / 3358 / 3343
Strategy outlook: Adopt a “sell high, buy dips” short-term strategy today. Avoid chasing breakouts blindly; focus on rhythm and structure.
The latest trend analysis and operation layout of Europeanmarket📰 Impact of news:
1. Speech by the Federal Reserve during the US trading session
2. Geopolitical and tariff issues
📈 Market analysis:
Recently, the escalation of the Russia-Ukraine conflict and global trade tensions has pushed international gold prices to rise strongly. Although Russia and Ukraine reached a consensus on prisoner exchange in the second round of negotiations on Monday, the ceasefire agreement remained deadlocked. Coupled with the US announcement of additional steel tariffs, geopolitical risks and economic uncertainties stimulated risk aversion sentiment.
From a technical perspective, the upward trend of gold since 3120 is clear. After breaking through 3340 on Monday, it accelerated to test the 61.8% Fibonacci resistance level of 3396, but the pressure at the 3400 integer mark is significant. At the same time, 3330 below is still the current key support level. The current decline in gold prices is more like a technical correction to yesterday's rise. Yesterday, we reminded everyone to pay attention to the 3355 level. The intraday operation suggestion for the European session is 3355-3345. You can try to go long and look at the 3370-3380 line. If it breaks through effectively, it will test the 3396 or even 3400 line; if it fails to break through the upper resistance, it will fall into a range of fluctuations.
🏅 Trading strategies:
BUY 3355-3345
TP 3370-3380-3390
SELL 3370-3380
TP 3350-3340-3330
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 FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
"XAUUSD Potential Reversal Zones | Harmonic Setup in Play"Gold (XAUUSD) is showing a possible harmonic structure forming on the 15-minute chart. Key levels around 3344 and 3330 are being watched closely as potential support zones, with bullish and bearish scenarios mapped. Price action around these levels may offer clues for the next directional move. Chart illustrates both bullish breakout and extended correction scenarios. This is a technical outlook only, not financial advice.
Elliott Wave Analysis – XAUUSD Trading Plan | June 2, 2025
🌀 Current Wave Structure
On the H1 timeframe, wave 2 (black) appears to have completed as a zigzag pattern, with price reacting strongly after touching the 3272 level — signaling that the abc corrective wave (green) may be finished.
Zooming into the M10 timeframe, the recent rally shows a 5-wave leading diagonal, indicating that wave 1 (red) is complete.
Currently, price is in the pullback phase of wave 2 (red).
📍 The ideal correction zone for wave 2 (red) is around 3281, which is our key area to look for Buy opportunities.
However, if price breaks below 3272, this wave count becomes invalid, and we’ll wait for a new setup aligned with deeper correction.
🔋 Momentum Outlook
• D1: Momentum is preparing to turn bullish ⇒ supports the start of wave 3 (black) and a bullish outlook for the week
• H4: Momentum is bottoming and about to reverse ⇒ supports wave 3 (red) forming in upcoming sessions
• H1: Currently declining ⇒ expect early-session pullback. Watch for bullish reversal signals as long as 3272 holds for potential entries
✅ Trade Setup
🎯 BUY ZONE: 3282 – 3279
🛑 Stop Loss: 3272
🎯 Take Profits:
• TP1: 3308
• TP2: 3324
• TP3: 3346
⏳ Note: Price action around the 3272–3281 zone will be key to confirming whether wave 2 (red) is complete.
If confirmed, wave 3 could begin with strong momentum — especially after breaking above 3296.
Evening gold analysis and trading point layout📰 Impact of news:
1. Fed's Goolsbee: Despite the unresolved tariff issue, it is still believed that interest rates are expected to fall in the next 12 to 18 months
2. May PMI data is positive
3. Russian media: Russia lists the full withdrawal of Ukrainian troops from Russian territory as one of the ceasefire options
📈 Market analysis:
Judging from the 4H chart, gold is currently fluctuating around the 3370 line, and the bulls are still relatively strong. We should pay attention to the short-term support at 3365-3355 below, and the short-term suppression at 3385-3395 above. If it breaks through the upper suppression, we will pay attention to the 3400 line suppression position. The recent market fluctuations have been relatively large, so bros must set take-profit and stop-loss when trading independently!
🏅 Trading strategies:
BUY 3365-3355
TP 3370-3380-3400
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 FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
XAUUSD/Gold on 3rd May 2025As yesterday I posted that golds is in major uptrend and it is still active. On daily timeframe gold made breakout upward direction of channel and 3382. As I said gold made gap wile opening on Monday so it was strongly bullish, now we want it to fill the gap. And did it is first rejection and coming down. No gold is trading at 3360-65 range, and it is support, soon if it get's break toward downward then price can surge to 3323-3330. Waiting for confirmation and then execute trade.
Key point.
Support - 3364, 3330, 3313
Resistance - 3386, 3400, 3414
If you like it do follow and share.
Any Query Reach Us or comment down.
Follow for more updates.
Rudra Vasaikar Wishes You A Great And Very Amazing Trading Life. Trade Safe, Trade Right.
RISK WARNING 🔴 🔴 🔴
There is high risk of loss in Trading Forex, Crypto, Indices, CFDs, Features and Stocks. Choose your trade wisely and confidently, please see if such trading is appropriate for you or not. Past performance is not indicative of future results. Highly recommended - Information provided by Pro Trading Point are for Educational purpose only. Do your investment according to your own risk. Any type of loss is not our responsibility.
HAPPY TRADING.
#gold #xauusd #xauusdtrading #goldtrading #goldanalysis #forextrading #forex #trendline #goldsignals #goldnews goldlatestanalysis #xauusdtradesetup #forextradingguide #fxgold
Gold Reclaims 3300, Faces Heavy Resistance AheadGold surged after Monday’s market open, reclaiming the 3300 level, and has already made an initial attempt at the 3306–3312 resistance area, where the 2H MA60 lies. Short-term indicators have started to turn bullish, but several resistance levels lie ahead:
3306–3312: First major resistance
3326–3332: Next target resistance area
Around 3357: Previous gap zone, strong pressure
The upside is full of obstacles, and bulls will need strong momentum to push through.
Also, keep in mind:
Rapid upward moves are often followed by pullbacks. If the price retraces, pay attention to:
Support at 3288–3276
If this zone holds, further upside is likely
Watch for support/resistance role reversals:
A resistance level becomes support once broken
A support level becomes resistance once it breaks
Valid breakouts are confirmed when price stays above/below without immediate reversal
This is one of the most reliable and practical trading principles.
📉 Medium-Term Trend Still Bearish
The broader trend is still in a downward correction. Stay cautious and disciplined with short-term bullish moves.
📅 This week is loaded with key macroeconomic events, including:
PMI Manufacturing
ADP Employment
Non-Farm Payrolls (NFP)
Unemployment Rate
Fed-related speeches and economic commentary
Expect high volatility — great for profits if executed well, but dangerous if misjudged. Opportunities come with risks, so manage them wisely.
XAUUSD TechnicalsThe chart presents a pivotal moment in Gold (XAU/USD) on the 1-hour timeframe, as price reacts to a key structural zone. After a strong impulsive bullish move earlier in the session, price rallied sharply toward the $3,370–$3,385 range. But now, a visible retracement has pulled it back into a well-defined support zone that previously acted as resistance.
At this moment, the market is at an inflection point — visually represented by the orange confluence circle, where the current price intersects a previous consolidation breakout level and sits right above a deeper support band.
What's happening technically?
Price is now retesting the purple support box, which overlaps closely with the base of the bullish breakout that occurred earlier. This is significant because it could function either as:
Support confirmation: where the market "respects" the previous breakout zone, establishing it as a new demand area and thus signaling the continuation of the uptrend.
Fakeout zone: where the price loses this level, indicating that the prior bullish impulse was unsustainable, setting up for a deeper correction — possibly down toward the $3,335 or even $3,310 regions.
The small candle forming at the support zone shows slowing bearish momentum, which could be interpreted as the first signs of stabilization. But the volume tells us more — earlier bullish momentum came with strong volume spikes, while the recent pullback seems to be on declining volume, which can often indicate profit-taking rather than full-blown reversal pressure.
Interpreting the two potential paths:
If price holds above the purple zone and shows bullish candle confirmation (like a bullish engulfing or a strong pin bar), there's a good probability that gold will resume its bullish leg, potentially retesting $3,385 and stretching further to $3,400+.
However, if price decisively breaks below the orange confluence zone (especially below $3,350 with a large bearish candle and volume spike), then bears could regain control and drive it toward $3,320 or even lower. In this case, the earlier rally would appear as an exhaustion move or news-driven spike.
GOLD H1 Intraday Chart For 3 June 2025Hello Traders,
GOLD is in mid term Bullish Trend for now as we already captured nice pips yesterday with directional sequence
but now all eyes on 3400 Psychological Level Breakout once it will break market will move towards 3430
for market in is consolidation zone between 3340-60 and expected to move back towards 3380 or even 90
if market breaks 3330 successfully today then it will move towards 3330 Psychological Level
Disclaimer: Forex is Risky
Gold stumbles at 3379 resistance! Bull-bear eyes 3360-3390 zone I. Resistance and Support Levels
Resistance 🚧: The intraday high of 3379 acts as initial resistance, with strong resistance in the 3390-3400 zone 🏔️.
Support 🛡️: Initial support is at 3360-3365, while strong support lies in the 3325-3330 range 📉.
II. Trading Strategies
(1) Aggressive Long Position 🚀
Entry 📊: Lightly initiate long positions when the price pulls back to the 3365-3368 zone and stabilizes (e.g., bullish candlestick patterns appear 🔥).
Stop Loss ⛔: Exit if the price breaks below 3360.
Targets 🎯: First target at 3390; if breached, aim for 3435* (Note: "34350" in the original text is likely a typo—adjust based on actual market conditions ⚠️).
(2) Conservative Long Position 📈
Entry ⏳: Enter long after the price validly breaks above 3379 and retests support at the 3390-3395 zone 🔄.
Stop Loss ⚠️: Exit if the price falls below 3375.
Targets 🎯: Same as the aggressive long strategy 📍.
(3) Short Position 📉
Entry 📊: Lightly initiate short positions if the price rejects resistance in the 3380-3385 zone (e.g., bearish candlestick patterns form 📉) or fails to break above 3390 and drops below 3375 ⬇️.
Stop Loss ⛔: Exit if the price breaks above 3388.
Targets 🎯: First target at 3360; if breached, aim for 3330 🏁.
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 ✨
👇👇👇
Don't chase long positions easily during high-level adjustments📰 Impact of news:
1. The conflict between Russia and Ukraine breaks out again, exacerbating the uncertainty of the situation
2. The tension in the Middle East continues, Iran claims to be ready to defend its airspace at any time, and the Houthi armed forces attack Israeli airports
3. May PMI data released
📈 Market analysis:
In the short term, the double high points above the gold price are suppressed at the 3365 line. The MACD indicators at the 4H and daily levels tend to form a golden cross, releasing bullish signals. In the short term, if you want to confirm a unilateral upward trend, you need to break through the 3365 line. Despite the strong bullish signals, as I just reminded you, the current technical indicators are close to overbought areas, and I still think there is a certain risk of a correction. In the European session, I will consider trying to short at the 3355-3365 line, and pay attention to the short-term support at 3340-3330 line below. Later, after the price gets some support at the support level, we can consider long trades.
🏅 Trading strategies:
SELL 3355-3365
TP 3340-3330-3320
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 FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
GOLD PAY ATTENTION TO BULISHXAUUSD (Gold) Technical Signal ⚠️ | Price action is forming a classic bull flag pattern, showing consolidation after a strong upward move. The flag is starting to 'blush' — early signs of momentum building for a potential breakout. If price breaks above the upper trendline with volume confirmation, we could see a continuation toward higher resistance levels. Traders, keep a close eye – gold may be preparing for its next leg up. #XAUUSD #GoldSignal #BullFlag #TechnicalAnalysis #ForexSignals #GoldBreakout #PriceAction"
Gold 1D timeframe. What Next Moment?Hello everyone, I am back after 3 years. Finally I have decided to continue my trade journey in forex and crypto professionally.
Here is the analysis of XAUUSD/Gold.
Gold has taken a big bold moment of Uptrend since strong resistance breakout on march of 1st, 2024. Since that time Gold didn't looked back & continued it's rally in uptrend. So our major trend is Uptrend in 1D and 4H timeframe. Gold did some downtrend and sideway rally and again took another uptrend rally on Dec of 18th, 2024. Gold break all top high and made new high 3500.
If I talk in 1D timeframe gold is trading in bullish flag, and I am not wishing it right now to break upward. But has you know it is gold anything can happen. While today is Monday and market opening was in gap. So it needs to fill the gap after that we can execute a trade. Still now needs some confirmation that it will come down. So have patience and watch the market carefully.
Key point.
Resistance - 3356, 3369, 3396
Support - 3343, 3323, 3304
Any Query Reach Us or comment down
Rudra Vasaikar Wishes You A Great And Very Amazing Trading Life. Trade Safe, Trade Right.
RISK WARNING 🔴 🔴 🔴
There is high risk of loss in Trading Forex, Crypto, Indices, CFDs, Features and Stocks. Choose your trade wisely and confidently, please see if such trading is appropriate for you or not. Past performance is not indicative of future results. Highly recommended - Information provided by Pro Trading Point are for Educational purpose only. Do your investment according to your own risk. Any type of loss is not our responsibility.
HAPPY TRADING.
#gold #xauusd #xauusdtrading #goldtrading #goldanalysis #forextrading #forex #trendline #goldsignals #goldnews goldlatestanalysis #xauusdtradesetup #forextradingguide #fxgold
Will Gold drop to 3200 zone next week?🟡 1. What happened last week with Gold (XAUUSD)
Gold began last week by testing the 3350 resistance zone, hinting the end of the correction and the potential for an upside breakout.
However, in the following days, the market reversed aggressively, reaching as low as 3250 on Thursday — a drop of nearly 1000 pips from the local top and resistance zone.
After this sharp fall, Gold bounced back above 3300, retested the 3325–3330 area, but failed once again — closing the week below 3300.
❓ 2. Key question: Has the rebound ended or is it just a deeper trap?
The market has shown a fake-out followed by compression under resistance.
So the real question becomes: Will the 3280–3290 support finally give in, or will bulls defend it again?
________________________________________
🔻 3. Why I expect a continuation to the downside
Here’s what the chart structure tells us:
• Clear lower highs and lower lows — the trend remains bearish
• 3330 has turned into major confluence resistance
• Every bounce is sold, showing fading bullish momentum
• The support at 3280–3290 is being squeezed repeatedly
If 3280 breaks cleanly, price action will likely accelerate downward.
________________________________________
🧭 4. Trading Plan for Next Week
Focus remains on selling rallies, especially if price rises above 3300.
📉 Invalidation: any clean break and hold above 3330
🎯 Target Zones:
• 3250 = Soft target (first reaction zone)
• 3200 = Real target (bearish continuation zone if structure unfolds as expected)
Use structure, not emotion. Let the breakout confirm the plan.
________________________________________
🚀 5. Final thoughts
The price action around 3280 will likely set the tone for next week.
A breakdown here confirms the bearish structure and opens the door to 3250, then 3200.
Until then: sell rallies, manage risk, and wait for the chart to validate your edge.
Stay sharp. 🚀
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
XAUUSD:BUYAfter the good news came out. XAUUSD followed my expectations. Continued to rise above 3300. The current quotation is 3317.
The tariff issue was released again over the weekend. Inflation fermented again, and the Russian-Ukrainian negotiations reached a tense and uncertain stage again.
Traders who followed me to buy near 3290 successfully made good profits.
Trading reference
XAUUSD:
Pressure position: 3360-3350
Support position: 3305-3295
BTCUSD:
Pressure position: 107000-106000
Support position: 103000-102000
This week, there is the impact of the release of non-agricultural data.
Usually divided into the front, middle, and back end of the triple impact. For traders, every time is a good trading opportunity. The impact is also very large.
This week, we will focus on the impact of news and the stimulation of news to layout the wonderful transactions of XAUUSD and BTCUSD. Remember not to trade independently to avoid losses. If you have any ideas, remember to leave a message to me and my assistant.
XAU/USD 02 June 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 23 April 2025
Price has now printed a bearish CHoCH according to my analysis yesterday.
Price is now trading within an established internal range.
Intraday Expectation:
Price to trade down to either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high priced at 3,500.200.
Note:
The Federal Reserve’s sustained dovish stance, coupled with ongoing geopolitical uncertainties, is likely to prolong heightened volatility in the gold market. Given this elevated risk environment, traders should exercise caution and recalibrate risk management strategies to navigate potential price fluctuations effectively.
Additionally, gold pricing remains sensitive to broader macroeconomic developments, including policy decisions under President Trump. Shifts in geopolitical strategy and economic directives could further amplify uncertainty, contributing to market repricing dynamics.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Analysis and bias remains the same as analysis dated 22 May 2025.
In my analysis from 12 May 2025, I noted that price had yet to target the weak internal high, including on the H4 timeframe. This aligns with the ongoing corrective bearish pullback across higher timeframes, so a bearish internal Break of Structure (iBOS) was a likely outcome.
As anticipated, price targeted strong internal low, confirming a bearish iBOS.
Price has remained within the internal range for an extended period and has yet to target the weak internal low. A contributing factor could be the bullish nature of the H4 timeframe's internal range, which has reacted from a discounted level at 50% of the internal equilibrium (EQ).
Intraday Expectation:
Technically price to continue bullish, react at either premium of internal 50% EQ or M15 demand zone before targeting weak internal low priced at 3,120.765.
Alternative scenario:
Price can be seen to be reacting at discount of 50% EQ on H4 timeframe, therefore, it is a viable alternative that price could potentially print a bullish iBOS on M15 timeframe.
Note:
Gold remains highly volatile amid the Federal Reserve's continued dovish stance and persistent geopolitical uncertainties. Traders should implement robust risk management strategies and remain vigilant, as price swings may become more pronounced in this elevated volatility environment.
Additionally, President Trump’s recent tariff announcements are expected to further amplify market turbulence, potentially triggering sharp price fluctuations and whipsaws.
M15 Chart:
Is the positive news fading? The latest analysis of gold📰 Impact of news:
1. The conflict between Russia and Ukraine breaks out again, exacerbating the uncertainty of the situation
2. The tension in the Middle East continues, Iran claims to be ready to defend its airspace at any time, and the Houthi armed forces attack Israeli airports
3. May PMI data released
📈 Market analysis:
As geopolitical conflicts between Russia and Ukraine and the Middle East broke out again over the weekend, gold jumped higher today. From a technical perspective, the 1H chart shows a bullish arrangement, but the gold price is in a downward channel at the daily level. The gold price is currently near the middle track of the Bollinger Band and is obviously suppressed by the downward channel. The 4H level Bollinger Bands narrowed, the moving averages adhered, the long and short positions were in a stalemate, and the MACD indicator hovered around the 0 axis. 3330 - 3335 above is the key resistance area. If it breaks through 3340, it is expected to continue to see new highs. At the same time, there is short-term support in the 3285-3280 range below. 3270 - 3265 becomes the key important support. If it falls below, it may fall to 3245. For short-term operations in the Asian and European sessions today, if the resistance area of 3325-3335 cannot be effectively broken through, you can consider shorting and look towards 3310-3290 in the short term.
🏅 Trading strategies:
SELL 3325-3335
TP 3310-3290
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 FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
Here's a weekly buy-side analysis🟢 Bias: Bullish (Buy)
Gold remains in a long-term uptrend, with fundamental and technical factors supporting continued upside.
50 & 100 EMA: Price is well above both EMAs, confirming bullish momentum.
RSI: Around 60–70 on the weekly; no bearish divergence yet.
MACD: Histogram ticking upward with bullish crossover in play.⚠️ Risk Factors
Sudden USD strength due to surprise Fed hawkishness.
Strong U.S. labor or inflation data that pushes bond yields higher.
Gold profit-taking near ATH could cause sharp but temporary pullbacks.
GOLD H1 Chart Update For 2 June 25As you can see that there are some important zones mentioned on the chart
First read all details carefully market is in sideways for now once market will break 3330 level then it will move further higher towards 3360 even 3370
3300 Psychological Remains in focus once market breaks 3300 then it will try to fill the OPENING GAP which is due on 3289
for today if market sustains below 3280 level then it will move towards 3240-50 zone
Scalping or shorter term range in 3295-3320
Remember always use SL
Disclaimer: Forex is Risky
Gold hourly chart bears dominateFrom the gold 1-hour K-line chart, the current price continues to be suppressed by the key resistance level of 3325. This Friday, the Asian and European trading sessions showed a clear downward trend, reaching a low of 3271. The rapid rebound on Thursday easily induces investors to chase the rise, but the decline on Friday once again shows that there is a major market wash-out behavior. Given that the overall weak consolidation pattern on Friday is expected to face new downward pressure at the beginning of next week. At present, the gold 1-hour moving average system has turned to a short arrangement, and a golden cross signal has not yet been formed, indicating that the short momentum is continuing to accumulate. Therefore, I suggest adopting a rebound short trading strategy. If the price fails to break through the 3310 resistance level after the rebound, you can consider establishing a short position near this position next week to seize the opportunity to continue the short trend. Operational suggestions: Consider the layout of short orders after the price rebounds to the 3308-3312 range. This key area needs to be paid special attention.
XAUUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.