XAUUSD[GOLD]: Bearish Correction Is Happening! Gold rejected at 3350, dropping almost 600 pips to 3290. We can expect the price to drop further to around 3250, potentially reversing from there. A possible entry point is 3304, followed by a drop from there.
If you’d like to contribute, here are a few ways you can assist us:
- Like our ideas
- Comment on our ideas
- Share our ideas
Team Setupsfx_🚀❤️
Xauusdupdates
GOLD outlook for the weekIn today’s analysis, I’m expecting price to continue its bullish momentum, partially influenced by recent political developments surrounding Donald Trump. This aligns well with the broader higher time frame trend, where we’ve been favouring long setups.
To capitalise, the most immediate and valid point of interest I’ve marked out is the 9H demand zone — the origin of the most recent break of structure. If price retraces, this is where I’ll be watching for bullish confirmation.
However, if price continues to climb without retracing first, we could see a temporary bearish reaction from the nearby 4H supply zone around the 3,400 level. If this happens, I may look for a short-term countertrend sell setup, but only with strong confirmation. Risk will be kept low and I won’t be overly ambitious with targets.
Confluences for GOLD Buys:
Strong bullish momentum following a clear CHoCH on the higher time frame
Recent break of structure left behind a clean 9H demand zone for potential retracement
Trend remains bullish on both the lower and higher time frames
Liquidity resting above still yet to be swept
DXY is currently bearish, supporting a bullish case for gold
P.S. While we could see a minor sell opportunity down to the demand zone, patience is key.
Waiting for a solid pre-trend setup is part of the process — no need to rush entries.
Have a great trading week and stay sharp!
Gold (XAU/USD) Bullish Trade Setup – Breakout in ProgressTrend Overview
📈 Uptrend in Progress
Price is moving within an ascending channel:
🔵 Support Line (bottom of channel)
🔺 Resistance Line (top of channel)
Key Levels
Current Price:
● 3,337.53 (📍)
Trade Idea (Long Setup):
🔵 Entry Zone
● 3,306.85 – 3,302.98
(Wait for pullback into this area)
🟦 RBS + RBR ZONE – Previous resistance, now potential support
🔴 Stop Loss
● 3,265.51
💣 Protect your capital below support zone
🎯 Target
● 3,490
🚀 Bullish target based on breakout from channel and momentum
📉 EMA 70:
● 3,282.74 (📉 Red Line)
Helps confirm trend direction. Price above EMA = Bullish bias.
Outlook Summary
✅ Wait for a dip to entry zone
✅ Stop below recent support zone
✅ Target high at 3,490 if breakout continues
Buying on pullbacks remains the main theme!Tariff turmoil resurfaces, gold price jumps!
The Trump administration once again wields the tariff stick, threatening to impose a 50% tariff on the EU from June 1, and saying that there has been no progress in the negotiations between the US and the EU. Because the timing of this threat is quite subtle. Just earlier this week, the EU just submitted a new framework proposal to the US to restart bilateral trade negotiations. This directly led to a jump in gold price tonight!
Faced with the tough stance of the US, the EU is not sitting still. It is reported that the EU has formulated a contingency plan. If the negotiations fail, it will impose additional tariffs on US exports worth 95 billion euros in response to Trump's "reciprocal" taxation and 25% tariffs on cars and some parts, which will inevitably cause further impact on the market!
The bulls are in control and are unwilling to give the bears too many opportunities to cover their losses. Therefore, the strategy of following the trend needs to be more active - strong markets usually do not experience a deep retracement, and the correction phase will not break the previous low for the second time. After the current gold price surged to 3365, the intraday bull defense position should be set at 3340. The previous low of 3320 has been effectively supported, and the bulls have taken the absolute initiative, and there will be no short-selling opportunities in the short term. Based on the current strong bullish performance, continuing to maintain a bullish mindset is the core of the transaction.
Operation strategy:
1. Gold recommends going long in the 3340-3330 area, with a target of 3350-3360.
2. Gold recommends going short in the 3365-3375 area, with a target of 3350-3340.
GOLD D1 chart update for the 26-30 May weekkindly read level carefully as market on it's way to ATH but keep in mind downside some major retracements are remains pending
Right all eyes on 3330 level if market successfully sustain below 3330 then it will definitely move towards 3300 or even 3280 and then 3250
Main levels for the week 3400 \ 3250 \ 3308
Gold Bounces Back – Is the Road to a New ATH Open Again?📈 Gold Back Above 3300 – Is the Correction Over?
In yesterday’s analysis, I mentioned that Gold could start a correction from the strong confluence resistance zone and drop toward the 3260 area.
While price briefly dipped below 3300, it quickly reversed above that level, showing that bulls remain in control. At the time of writing, Gold is trading at 3306, and the ascending trendline from 3120 is still intact.
📌 Key Zone Holding – Bullish Structure Intact
The 3270–3280 area is now acting as a strong support, and yesterday’s price action could signal that the correction is already complete.
If Gold breaks above the 3350–3360 resistance, it would not only confirm a short-term continuation, but could also mean that the entire one-month correction from 3500 is over — opening the door for a new all-time high in the medium term.
📊 Trading Plan:
As long as 3260 holds, the bias remains bullish both in the short and medium term.
Buying dips below 3300 could be a viable strategy while targeting a break above resistance.
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.
Trump triggers risk aversion, how to position gold?🗞News side:
1. Trump plans to impose a 50% tariff on the EU
2. Houthi armed forces strike Israel again
3. Pay attention to the impact of the US dollar trend on gold
📈Technical aspects:
Trump is "crazy?" He suggested to impose a 50% tariff on the EU directly from June 1, and threatened to impose a 25% tariff on iPhones not produced locally. This news caused the euro, European stocks, and iPhone stock prices to plummet. At present, the gold price is consolidating between 3350 and 3360. For the US market, it is necessary to prevent a wash, but the short-term increase has been too large. If there is a rapid adjustment, the amplitude will also be large. Therefore, the US market is stuck in the range operation. Pay attention to the support of 3335-3325 below. If it continues to rise, pay attention to the resistance range of 3375-3385.
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
Gold fell back at night and continued to riseGold rose and fell, and stopped falling at the middle track again, indicating that the middle track can be used as a watershed in this cycle. If it runs above it, the volatility will be strong. In addition, the 618 division position 3317-18 line broke through again and stood above it. The short-term 5-day moving average support is 3315. Therefore, the 3315-3318 range is the first retracement to confirm the support point. If it stabilizes, it will further attack and point to the 786 division resistance 3370 line. Once the previous high of 3345 is broken, the corresponding MACD will enter a top divergence state. If it is further pulled up in the later period, we must be careful to prevent a high and fall. At the hourly gold line level, the US market was under pressure at 3315 overnight, with support at 3280-90, and repeated bottom shocks and consolidation. This morning, it was still running back and forth under the suppression of the middle track 3305, but the lows gradually moved up. Finally, under the continued weakness of the US dollar, the gold price finally stood on the middle track, and the direct positive strong force reached 3330. From overnight to this morning, it has been bullish and finally waited for a big profit. Then after the 3315 resistance is broken and stabilized, it will naturally become the top and bottom support. The 10-day moving average will move up and approach 3320, maintaining resistance to declines and still tending to further rise. Pay attention to the 3320-3315 support to stabilize and continue the bullish trend. The resistance target is 3370-3380; if it is unexpectedly effectively lost, pay attention to 3340.
$3350 would indicate short-term strengthGold Price Analysis – Technical Outlook
Gold is currently approaching a critical resistance level around 3350. If the price manages to break and close above this level on the 15-minute chart, it could signal the continuation of the bullish trend. A confirmed 15-minute candle close above 3350 would indicate short-term strength and increased buying pressure.
To strengthen this bullish bias, we are also watching for a Break of Structure (BOS) on the 1-hour timeframe. A BOS would suggest a shift in market structure, potentially transitioning from a consolidation or retracement phase into a new impulsive leg to the upside.
If both conditions – the 15M candle close above 3350 and a 1H BOS – are met, the next immediate target would be 3370. Depending on how the price action unfolds beyond that point, and supported by additional confirmations such as volume, momentum indicators, or price patterns, there could be further upside potential.
As always, ensure you apply risk management and conduct your own thorough analysis before making any trading decisions.
Disclaimer: This is not financial advice. Please do your own research (DYOR).
3330 is in stalemate 3335 is the key to long and short positions🗞News side:
1. PMI and initial jobless claims data
2. Geopolitical situation
3. Progress of the G7 meeting
📈Technical aspects:
Currently, the gold price is caught in a fierce battle between bulls and bears at the 3330 level. From a technical point of view, gold is still in the weekly level adjustment and no clear unilateral trend has emerged. Recently, there has been frequent changes in long and short positions, and the rise and fall of prices depends on the impact of news on the market. Even if gold experiences a correction at present, it is likely to be only a small range. Therefore, in the short term, attention should be paid to the resistance line of 3330-3335. If it breaks through, it is expected to look towards yesterday's high of 3345. If it encounters resistance and pressure at 3330-3335, it may retreat to 3310-3300 in the short term for correction. The upper strong pressure is still at 3350-3360, and the lower support of 3300-3290 is still strong. There is no good entry trading opportunity at present, so brothers should wait patiently.
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
gold on sell#XAUUSD is trying to correct back above week high 3345 but unfortunately it's need a breakout above the today high to continue.
Below the 3322 breakout shows a strong fall on which target till 3286, stop loss 3331.
Above the 3335 shows a bullish range which will reach 3344, around 3344 will either decline and head sell or reach the 3367 limit. Below 3312 shows another bearish continuation but multiple breakout will decide.
Gold top profit signalsThe market fluctuated upward all the way on Friday, opening at 3295, hitting the lowest point of 3287 and bottoming out. So far, it has hit the highest point of 3334 and then fluctuated at 3330. The recent market fluctuations are relatively large, and they are completely within our expectations. Yesterday, on Thursday, we gave a short position at 3340-45, and the actual market was directly short at 3341, long at 3380-85, and long at 3390-93. The long position target is 3300-06. Judging from the current trend, gold may still have high points. It is only a matter of time before the 3334 line breaks through. From the perspective of the operation trend, we continue to focus on buying on pullbacks
From the 4-hour market analysis, the upper focus is on yesterday's high pressure of 3345, and the lower support is 3286-90. For the time being, we will rely on this range to maintain the main tone of low-long participation. In the middle position, we will watch more and do less and be cautious in chasing orders.
Gold rebounds to 3286-3295 line and goes long, stop loss 3277, target 3326-3330 line, break to 3340-45 line;
Gold rebounds to 3340-45 line but does not break, you can go short lightly, stop loss 3353, target 3300-3306 line, continue to hold if break
Gold 100% Profit SignalThe market fluctuated upward all the way on Friday, opening at 3295, hitting the lowest point of 3287 and bottoming out. So far, it has hit the highest point of 3334 and then fluctuated at 3330. The recent market fluctuations are relatively large, and they are completely within our expectations. Yesterday, on Thursday, we gave a short position at 3340-45, and the actual market was directly short at 3341, long at 3380-85, and long at 3390-93. The long position target is 3300-06. Judging from the current trend, gold may still have high points. It is only a matter of time before the 3334 line breaks through. From the perspective of the operation trend, we continue to focus on buying on pullbacks
From the 4-hour market analysis, the upper focus is on yesterday's high pressure of 3345, and the lower support is 3286-90. For the time being, we will rely on this range to maintain the main tone of low-long participation. In the middle position, we will watch more and do less and be cautious in chasing orders.
Gold rebounds to 3286-3295 line and goes long, stop loss 3277, target 3326-3330 line, break to 3340-45 line;
Gold rebounds to 3340-45 line but does not break, you can go short lightly, stop loss 3353, target 3300-3306 line, continue to hold if break
Gold rose as expectedFrom a technical perspective, the daily line closed negative yesterday. After a series of positive lines, it generally means correction. After the negative line, it continues to rise. The closing line on Thursday is still above the middle track. The 5-day moving average crosses the 10-day moving average and adheres to the middle track at 3285. The 10-day moving average moves up to around 3253. The next wave of rise may go to the daily Bollinger upper track suppression point near 3400, so there is still a good space for the rise. In the 4-hour level, gold broke through the upper track yesterday and then stepped back, confirming the middle track support. At present, the Bollinger band is open, the moving average is still in a long position, and the cyclicality is still strong. The intraday support point is also the key point of strength and weakness at 3280. The short-term support is at the previous high of 3293. There are many intraday support levels for declines, and the upper 3315-3340-3365-3380-3400 is gradually looking up.
0522:Mastering Divergence in Gold: Daily vs. 4H Chart TacticsHello traders,
Daily chart GOLD looks strong bullish, but not a good position to open buy today.
So even you have the right direction , but in the wrong position ,still could make a losing trade.
Right now In the LD session on Thurs, there is already a bearish signal on 4H chart.
How can you open a long trade based on bearish signal on lower timeframe chart?
You want to follow main trend, but you surely not want to open in the wrong time or position.
Plan A: daily trading plan
Waiting daily candlestick of Thurs to see if the daily pressure line good for new selling plan.
And make your selling plan based on this candle on Friday.
Right, just watch and not doing anything on Thursday.
Plan B, 4H chart trading plan
In the early EURO session, GOLD has made a 4h bearish signal on 4h chart.
Open short position based on 30m chart bearish signal in EUOR-US session.
TP1: 3270
TP2: 3252
GOOD LUCK!
LESS IS MORE!
5/23 Gold Analysis and Trading SignalsGood afternoon everyone!
Gold did not touch our key buy or sell zones yesterday, but flexible intraday range trading worked well, resulting in decent profits.
Currently, the price has reached around 3330, and from a technical standpoint, bulls remain in control. If no negative surprise hits the market, gold could target 3368 today, with a potential to test 3400 resistance next week.
🔔 On the news front, two key events during the U.S. session today deserve attention:
A speech by Fed Governor Lisa Cook on financial stability — may provide hints about the Fed’s stance.
An executive order signed by Donald Trump, which might impact markets depending on its content (e.g., taxes, tariffs, or spending).
Also, note that U.S. markets will be closed next Monday, but this is unlikely to cause major disruptions. Positions held over the weekend can still be adjusted during the Asian session on Monday.
📈 Today’s Trading Recommendations:
📉 Sell near 3382–3398 (Resistance zone)
📈 Buy near 3274–3256 (Support zone)
🔁 Flexible trading levels:
3285 / 3296 / 3307 / 3316 / 3328 / 3337 / 3346 / 3361 / 3373
XAUUSDToday, the follower executed accurate signals in the band trading center and made a profit. The current news is relatively stable. The technical side continues to pursue long orders.
Combined with SMA, there is a support position below 3300-3290. The retracement range is 1%. It is currently in perfect agreement with the expected value.
The current price is 3312. At present, we need to wait for the market to digest some negative factors before looking for opportunities to buy. Below 3310 is a good buying position. Above 3345 is a pressure position that needs to be paid attention to in the short term. If it breaks through, you need to pay attention to whether the position of 3350-3360 can break through stably before considering buying.
Do not trade independently during the trading process. To avoid any losses. If you don’t know how to trade, remember to pay attention to the buying and selling suggestions of the band trading center.
PMI Boosts USD but Caution Lingers Ahead of Fed DecisionOANDA:XAUUSD TVC:GOLD The recent release of stronger-than-expected S&P Global PMIs in the U.S. has offered short-term support to the dollar, pressuring gold from intraday highs. Manufacturing and services PMIs both improved to 52.3 in May, fueling speculation that the U.S. economy may still be resilient despite persistent concerns over Trump's proposed tax reforms and renewed tariffs.
Still, market sentiment remains cautious. While Wall Street recovered slightly, it continues to post weekly losses. Investors are balancing upbeat data with longer-term risks — including a potential economic slowdown triggered by aggressive fiscal tightening and global demand headwinds.
With the FOMC meeting approaching (June 17–18), gold traders are likely to remain reactive to macroeconomic signals. Any dovish shift or mention of a potential rate cut timeline could reignite demand for non-yielding assets like gold. Until then, price action around the $3,289 support and the Quasimodo pattern will be crucial for short-term direction.
Resistance : $3,319 , $3,343
Support : $3,289 , $3,239
Gold Hits 3360 Resistance After Breakout – Reversal Ahead?📈 Gold Breaks Out – Now Approaching Key Resistance
Two days ago, I highlighted the ascending triangle forming on Gold and warned that a breakout could lead to strong acceleration in the direction of the move.
As expected, price broke to the upside and rallied 1,000 pips, confirming the bullish breakout.
🧱 B ut now, Gold faces a major test...
Price is now approaching a critical confluence resistance zone around 3360, where I expect a possible reversal.
Given the recent pattern of strong two-way volatility, a pullback from here could send Gold back down to retest the broken 3250 zone — now acting as support.
📊 Trading Plan:
I’m watching closely for signs of weakness near 3360 to open short trades. This level is key for both bulls and bears, and price action here could define the next move.
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.
XAUUSD Market OutlookMy current bias on XAUUSD remains bullish, as we are targeting the lower high (LH) around the 3,438 level. However, the market is currently in a pullback phase within the LH & LL. Price has entered an OTA level within a Daily Fair Value Gap (FVG), ranging between 3,370 and 3,333. This presents a potential opportunity for short setups as we move towards the 3,251 level.
On the 4-hour timeframe, there's a valid FVG Breaker near our Fibonacci-based OTA level, aligning closely with the 3,251 support zone. This is a key area to watch for bullish confirmations. Any long positions should ideally be considered from this zone.
Important Note:
When trading gold, patience and discipline are essential. Only act on clear, confirmed setups that align with your strategy. Quality over quantity always wins in the long run.
Gold hits a critical area, bulls and bears face a choice againYesterday, the market closed positively, and the market continued to rise for three consecutive days. In the short term, this wave of rise will reach the trend resistance line of 3500-3438 with great probability. We will continue to pay attention to the important pressure points of 3370-80. Due to the slow rise of yesterday, there was another wave of continuous rise this morning. The accumulated top divergence finally ushered in a downward correction. The number of such continuous divergences cannot be predicted, and sometimes it may even be forcibly reversed, but what is coming will come in the end. This is a good thing, because only after the correction can we climb higher. Of course, the bad thing is that a wave of decline in the European session will inevitably wash out a lot of bullishness, which is inevitable, because the direction of adherence is all the way up. But tonight, there is a high probability that it will bottom out and rise, because after the middle track breaks through, it will become a certain support, or pierce, but the closing should still be above, so there is a certain support in the range of 3260-3253, and there will not be too much room to go down for the time being.
The gold trend takes a sharp turn, is a bear market coming?🗞News side:
1. PMI and initial jobless claims data
2. Geopolitical situation
3. Progress of the G7 meeting
📈Technical aspects:
During the Asian session, gold prices approached a two-week high. However, as the market digests the previous positive news and European and American economic data are about to be released intensively, gold's short-term trend faces uncertainty. The key data that everyone needs to pay attention to today include the May PMI data and the number of initial jobless claims in the United States. At the same time, the international trade situation, geopolitical dynamics, the progress of the G7 meeting and the speeches of Federal Reserve officials may have an impact on the market, so it is recommended that everyone keep a close eye on the impact of the news. Judging from the 4H market trend, the US market is paying attention to the short-term support around 3280-3275. Once it stabilizes above 3280, you can arrange to go long. On the contrary, once it falls below 3280-3275, it is possible to fall to the important support area of 3260-3250.
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
XAUUSD Predicted winnerPrice in the box, 4 hours ago I was discussing the price action with my cousin. He opened a buy trade after seeing a long bullish candle and sent it to me. But first I need the price to determine its position with the box. If it closes above it, it will be a buy trade and if it closes below it, it will be a sell trade. 2 hours ago the price closed below the box and issued a sell signal. We are waiting to see what the outcome will be.