Maintain the bullish theme and go long on pullbacks#XAUUSD
Gold fell to a low of around 3345 during the day and then rebounded rapidly. It is currently repeatedly testing the 3355-3353 line.👨💻
Although Federal Reserve Chairman Powell has not given clear instructions, the market is generally optimistic about the September interest rate cut. 📈The bullish sentiment in the market still exists, and the moving average continues to spread upward, laying a solid foundation for market bulls🐂
If gold cannot effectively fall below 3355-3353 during the European session, then gold is expected to rise again during the NY session. First, if the gold price breaks through the intraday short-term high of 3365,🚀 the gold price may reach a rebound of 61.8%, which is around 3373. 🎯
If the European session hits the resistance level of 3365 and is rejected,🙅♂️ it may trigger a small pullback to 3345-3340 to provide long trading opportunities.🐂 Once it falls below 3340, 🐻it is necessary to stop loss in time and pay attention to the first-line defense situation of 3333
Xauusdupdates
XAUUSD analysis - 1H FVG and OB setupsOn the 1H chart, price has made a sharp bullish move from the lower 1H OB zone (3,275 – 3,285) and is now hovering just below the 1H supply zone.
🔴 1H Supply Zone (OB):
3,354 – 3,368 → Price is consolidating here with no strong rejection yet.
🟢 1H Demand Zone (OB):
3,337 – 3,344 → First area to watch for potential bullish reaction.
👁 Mid-level support zone (waiting for confirmation):
3,310 – 3,320 → If price pulls back here and gives confirmation on lower timeframe, we’ll look for long setups.
📌 Trade scenarios:
1️⃣ Bullish: Wait for a retracement into 3,310 – 3,320, and if confirmed on LTF (3M–5M), go long.
2️⃣ If price drops deeper into the lower OB zone 3,275 – 3,285 and gives strong bullish reaction → potential long setup again.
3️⃣ Bearish: If price rejects the current OB zone (3,354 – 3,368) with confirmation → short entry targeting the green zones below (~3,320 or 3,310).
✅ Entry only after confirmation on lower timeframe
❌ No confirmation = no trade
XAU/USD 04 August 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
You will note that price has targeted weak internal high on three separate occasions which has now formed a triple top, this is a bearish reversal pattern and proving this zone is a strong supply level. This is in-line with HTF bearish pullback phase.
Remainder of 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: Bullish.
H4 Timeframe - Price has failed to target weak internal high, therefore, it would not be unrealistic if price printed a bearish iBOS.
The remainder of my analysis shall remain the same as analysis dated 13 June 2025, apart from target price.
As per my analysis dated 22 May 2025 whereby I mentioned 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 despite internal structure being bearish.
Price has printed a bullish iBOS followed by a bearish CHoCH, which indicates, but does not confirm, bearish pullback phase initiation. I will however continue to monitor, with respect to depth of pullback.
Intraday Expectation:
Price to continue bearish, react at either M15 supply zone, or discount of 50% internal EQ before targeting weak internal high priced at 3,451.375.
Note:
Gold remains highly volatile amid the Federal Reserve's continued dovish stance, persistent and escalating 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:
Elliott Wave Analysis – XAUUSD, August 4, 2025📊
🔍 Momentum Analysis:
D1 Timeframe: Momentum continues to rise strongly. It's expected that the price will keep rising for at least two more trading days, pushing the momentum indicator into the overbought territory, reinforcing the current bullish trend.
H4 Timeframe: Momentum is showing signs of a potential bearish reversal, indicating a possible corrective pullback during Monday’s trading session.
H1 Timeframe: Momentum is strongly bullish, especially evident from the powerful upward move on Friday. Price may continue rising at the open of the Asian session, potentially creating a Gap. However, caution is advised, as this Gap could signal exhaustion.
📌 Wave Pattern Analysis:
Given Friday's strong price action, the primary scenario currently favors wave 3 within the 5-wave bullish structure (12345 – black). However, we cannot entirely eliminate the possibility that this is wave C within an ABC corrective structure (black).
Presently, the price is forming a smaller 5-wave bullish structure (blue), likely in the final wave 5. Attention should be paid to two critical target zones:
🎯 Blue Wave 5 Targets:
• Target 1: 3368
• Target 2: 3385
⚠️ Next Scenario:
Upon completing the blue 5-wave structure, a corrective move downward will occur.
• If the correction does not break below 3315, the larger 5-wave bullish structure (12345 – black) is confirmed, and the price will continue upward to complete black wave 5.
• If the correction breaks below 3315, the structure shifts to an ABC corrective pattern (black), increasing the likelihood of a deeper decline to complete the larger corrective wave C (red).
🧩 Combining Momentum & Wave Analysis:
• D1 momentum strongly supports the continuation of the bullish trend.
• H4 momentum forecasts a short-term bearish correction on Monday, aligning with the formation of wave 4 correction.
• H1 momentum suggests the possibility of a Gap at Monday's Asian session open, marking the beginning of a corrective pullback as momentum reverses.
🎯 Short-term Trading Plan:
We will trade the current blue wave 5 with the following limit order plan:
✅ Sell Limit Zone: 3385 – 3387
⛔️ Stop Loss (SL): 3399
🎯 Take Profit (TP1): 3368
🎯 Take Profit (TP2): 3355
📌 Note:
The detailed trading plan for capturing the larger wave 4 correction (black) will be updated once sufficient evidence confirms the completion of the blue wave 5.
Happy trading, everyone! 🚀
GOLD/USD – 1H ChartGold has recently shown a clear Change of Character (CHoCH) near the 3275 level, signaling a potential shift from bearish to bullish momentum. After a strong downtrend, the market formed a base and then launched an aggressive bullish rally, breaking previous structure and indicating a possible trend reversal. Currently, price is consolidating around the 3350–3360 zone, just above a key demand zone between 3330 and 3340, which is likely to act as a support area. This zone also aligns with a previous supply area that has now flipped into demand, confirming smart money interest.
The projected move shows a potential short-term dip into this demand zone before continuing the upward push toward the 3370–3390 range, where buy-side liquidity is likely resting. This level could act as a near-term target or resistance. If price holds above 3330 and shows bullish confirmation (like an engulfing pattern or FVG reaction), buyers could look for opportunities with targets near 3370 and 3390. However, if the price breaks below 3330 with strong bearish momentum, the bullish bias may be invalidated, and we could see further downside.
Overall, the structure is bullish, but traders should watch for a retest of the demand zone before entering long positions. Risk should be managed carefully with stops below 3330.
What You Should Watch:
Entry confirmation around 3,335–3,340 with bullish engulfing or FVG reaction
Set TP1 = 3,370
TP2 = 3,390
SL = Below 3,330
Weak non-farm payroll data injects newconfidence into gold bullsGold rebounded strongly late last week, shaking off early-week losses and surging toward key resistance at $3,400 per ounce as weak US jobs data rekindled hopes for a September rate cut by the Federal Reserve.
Spot gold closed at $3,363.16 on Friday (August 1st), up 2.23% on the day, or $73.24, after hitting a high of $3,363.37.
Lukman Otunuga, senior market strategist at FXTM, said Friday's rally in gold prices was impressive, driven by a plunging US dollar.
"From the chart, bulls were on a rampage that day, with $3,400 within 2% of the price at that point," he said. "With prices breaking through $3,330 resistance, the weekly chart is significantly bullish. A weekly close above this level could signal a move toward $3,400."
Last week, gold faced significant selling pressure after the Federal Reserve held interest rates steady and Chairman Powell raised uncertainty about a possible September rate cut.
"We haven't made a decision about September yet," Powell said at a press conference following the Fed's decision.
After disappointing U.S. job market data, lingering doubts about a September rate cut dissipated. According to the Bureau of Labor Statistics, the U.S. economy created only 73,000 jobs last month. Furthermore, total job growth in May and June was revised downward by 258,000. According to the revised data, only 14,000 jobs were created in June and 19,000 in May.
"This weaker-than-expected jobs report has dented confidence in the U.S. economy and put pressure on the dollar as markets anticipate a more dovish Fed, potentially leaning toward rate cuts to stimulate growth," said Aaron Hill, senior market analyst at FP Markets. "For gold, the disappointing jobs data reinforces its role as a hedge against economic uncertainty, supporting prices as investors seek stability."
According to the CME FedWatch tool, the market currently sees a 92% probability of the Fed easing monetary policy in September. Last Thursday, the market saw only a 38% chance of a rate cut.
Jamie Cox, managing partner at Harris Financial Group, said the Federal Reserve may ultimately regret its decision to hold interest rates steady earlier this week.
"A rate cut in September is a definite possibility, perhaps even a 50 basis point cut, to make up for lost time," he said.
Naeem Aslam, chief investment officer at Zaye Capital Markets, said he sees the potential for gold prices to steadily rise to $3,400 an ounce given the sharp shift in interest rate expectations.
"If the Fed signals a dovish stance, speculative inflows could push gold prices above the psychological $3,400 level, especially as investors seek safe havens during economic uncertainty," he said. "Technical indicators, such as a bullish trend in gold ETFs and rising open interest, support this potential breakout. We believe traders are already positioning for a dip bounce, with some analysts pointing to seasonal patterns in gold that typically gain traction after August. While volatility may still limit near-term gains, the overall trend looks positive, and the typical summer lull may be over."
This week will be light on economic data, with investors continuing to digest Friday's jobs report. Meanwhile, some analysts expect the economic uncertainty stemming from President Trump's ongoing trade war and global tariffs to further boost safe-haven demand for gold.
Trade tensions are providing another layer of support for gold. President Trump set an August 1st deadline for countries to finalize a trade deal. While the United States reached agreements with Japan and the European Union, resulting in a 15% increase in import tariffs, many major trading partners still face the risk of tariff increases.
As a result, exports from many countries now face significant cost increases. Specifically, Canada, the United States' second-largest trading partner, faces a 35% tariff increase. Meanwhile, India faces a 25% increase, Taiwanese exports will be subject to a 20% tariff, South African products face a 30% tariff, and Swiss goods face a 39% tariff.
Pepperstone market strategist Michael Brown said he remains bullish on gold, citing global trade uncertainty as a key factor driving its value as a monetary asset.
He said: "The diversification of reserves away from the US dollar and into gold, particularly in emerging markets, will continue for the foreseeable future. Of course, potential safe-haven demand stemming from concerns about the state of the US economy will further support the bullish view. The upside levels to watch remain the $3,400 mark, followed by a high of around $3,445, and then a potential run towards the all-time high of $3,500. I certainly wouldn't rule out the possibility of new highs in gold prices before the end of the year."
Chris Vecchio, Head of Futures Strategy and FX at Tastylive, said he sees gold as a very beneficial global currency.
"Tariffs mean that countries will trade less in US dollars, so I expect gold to continue to perform well as the world searches for an alternative monetary asset."
XAUUSD – Bullish Reversal or Just a Deep Correction?Last week was a wild one for Gold.
After a quiet start and some choppy price action, the market dropped hard on Wednesday, breaking not only the 3300 key level but also the 3280 horizontal support — and what followed was anything but calm.
As expected after a strong move, the price pulled back to retest the broken support.
But Friday changed everything.
Instead of continuing down, Gold reversed sharply, fueled by weaker-than-expected NFP data. Price surged 800 pips from low to high, breaking above both the 3310 resistance zone and the weekly high around 3335.
________________________________________
🧭 Key Question:
Are we back in the bullish trend, or is this just a strong correction of the 3440 → 3270 drop?
Since May, Gold has lacked a clear trend — so a step-by-step trading approach is the most advisable to adopt.
________________________________________
🔍 Outlook:
Given the strength of the reversal and the break above two important resistance levels, my bias is bullish.
• 📌 Support: 3335 — a pullback into this zone could offer a buy opportunity in line with the recent momentum.
• 📌 Resistance: 3375 is the next key level to watch.
• ❌ Invalidation: A drop below 3310 would cancel the current bullish scenario.
🧠 Final Thoughts
Gold’s recent move challenges both bulls and bears.
Yes, the bounce was strong. Yes, key resistance levels broke.
But with no clear trend since May, chasing long term direction can be risky.
That’s why a step-by-step approach is the most advisable to adopt — let the market confirm each move before committing to the next.
For now, the breakout above 3310 and 3335 leans the bias to the upside.
However, staying reactive — not being stuck with an idea — is the smartest approach.
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.
Smart Money / Price Action 5min scalping road map# 📈 ABC Pattern Explained for TradingView (Smart Money / Price Action)
The **ABC pattern** is a 3-leg corrective move in market structure, commonly used in price action, Elliott Wave, and Smart Money trading. It's mainly used to identify **pullbacks** or **correction zones** before a continuation of the main trend.
---
## 🔹 Structure of the ABC Pattern:
- **Point A**: The beginning of the move — often the end of a strong impulsive wave.
- **Point B**: The first retracement or pullback from Point A.
- **Point C**: The second corrective move that often goes beyond A, forming the completion of the correction phase.
The ABC legs can be:
- **A to B**: Impulsive or corrective.
- **B to C**: Generally a counter-trend retracement.
---
## 🔸 How to Identify on Chart:
1. **Find a strong trend** (uptrend or downtrend).
2. **Look for the first correction** — mark it as Point A to B.
3. **Next wave** that attempts to continue the trend but fails — mark the end as Point C.
4. **Use Fibonacci tools** to measure:
- **B retracement of A** (typically 50%–78.6%)
- **C extension** of AB (typically 127.2%–161.8%)
---
## 🔧 How to Draw on TradingView:
> You can use the `Trend-Based Fib Extension` tool or draw manually using the `Path` or `ABC pattern` tool.
### Step-by-Step:
1. Select the `ABC Pattern` tool from the **left toolbar** under “Prediction and Measurement Tools”.
2. Click on **Point A** (3320$).
3. Click on **Point B** (3350$).
4. Click on **Point C** (final corrective wave 3300$ ).
5. TradingView will automatically plot the shape with labels.
---
## 🧠 Pro Tips:
- Look for **liquidity sweep** or **order blocks** near Point C.
- Entry opportunity is often **after C**, targeting a **continuation** of the main trend.
- ABC is often part of **larger structures** like **complex pullbacks** or **smart money retracements**.
---
## ✅ Example Use:
- **Buy Scenario**:
- Strong uptrend → Price drops from A to B (retracement).
- Then price rises to C, failing to break above A → Possible new higher low formed.
- Enter long if price breaks above Point B again.
- **Sell Scenario**:
- Strong downtrend → A to B is a pullback.
- C attempts new high, fails → short entry after break of B.
---
## 📌 Settings Tip for Mobile Users:
- Zoom in for better point control.
- Use “Lock” feature to prevent accidental move.
- Customize color and label visibility in the style tab.
---
## 🔍 Keywords:
`ABC Pattern`, `Elliott Correction`, `Smart Money`, `Liquidity Grab`, `Break of Structure`, `Trend Continuation`, `Price Action Trading`, `Market Structure`
---
XAUUSD to the moon Current situation: price around $3360, short-term targets — rebound to $3415–3420 or fall to $3330–3300.
Trend: moderately bullish, but consolidation is possible in the quarter. Sustainable growth is possible with lower rates and increased geo-risks.
Tactics: consider buy on dip positions around $3330–3350 with a target of $3400+, or sell on rise in the $3415+ zone with signs of indicator reversal or dollar growth.
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.
Monday's market forecast and related layout#XAUUSD
Judging from the monthly chart, although July closed with a large positive line, there is still great resistance above 3439-3501. Possible gold price trends for next week are as follows:
1. If gold prices open higher, focus on the previous highs of 3375-3385. If resistance and pressure are encountered, consider shorting, aiming for a volatile decline, retracing Friday's gains.
2. The market is volatile and sideways, so wait and see.
3. Gold fell back. Referring to Friday’s trading strategy, you can consider going long around 3335 to bet on a short-term rebound. Leave yourself some room for participation (the possibility of touching 3338 again and rebounding is not ruled out)
XAUUSD 4H Analysis – Smart Money Trap Setup🚨 Gold is currently reacting off mid-range demand, with a clear liquidity sweep + bullish push underway.
🔴 Key Supply Zones:
3,450–3,480 = Extreme high imbalance
3,400–3,420 = Previous consolidation before selloff
🟢 Key Demand Zone:
3,150–3,200 = Untouched demand zone and liquidity pool from May
📊 My Expectation:
Price is likely to induce breakout traders above 3,420–3,450, tap into premium supply, then aggressively reverse back into demand around 3,160.
🧠 Why this setup?
Equal highs = Liquidity trap 🔥
Price approaching unmitigated supply
Structure shift possible after sweep
SMC model: Buy into premium → Sell from supply → Target demand
🔻 Bearish Plan:
Wait for price to run above 3,450
Look for strong rejection / bearish OB / SFP
Enter short → Target 3,160 zone
💬 What do you think?
Will XAUUSD break this supply or fall from there?
📍Like + comment your thoughts below!
📌 Follow for daily Smart Money charts 🔐
#XAUUSD #GOLD #SMC #ICT #Liquidity #Forex #SmartMoney #PriceAction #GoldAnalysis #OrderBlock
**"Gold Price Rebounding from Support:Potential Move Toward 3436This chart shows the **price movement of Gold (XAU/USD)** on a **daily timeframe**.
### Key Points:
* **Support Zone** : Around **\$3,266**, this is the area where price has bounced up multiple times, meaning buyers step in here.
* **Resistance Line**: Around **\$3,436**, this is the level where price has been rejected before, meaning sellers are strong here.
* **Current Price**: Around **\$3,293**.
### What the Chart Suggests:
* Price is near the **support** zone again.
* If the support holds, the green arrow shows a possible move **upward**.
* Price may first move up slightly, pull back, and then try to **break above resistance** at \$3,436.
Gold is in a sideways range. It's near a strong support level and might go up from here toward the resistance level, as shown by the green line.
Follow master candle for today's SELL strategy✏️ OANDA:XAUUSD has continued a strong downtrend. Yesterday's D1 candle closed with a 60-price decrease, forming a master candle that determines the market trend. With the market having a master candle, pay attention to the 25% or 50% candle zones to trade in the direction of the trend. Today's main trading strategy will be to SELL according to the master candle. The BUY strategy will only be implemented when the 3313 zone is broken.
📉 Key Levels
Support: 3285-3270-3250
Resistance: 3301-3312-3333
SELL Trigger. Rejection 3301, 3312
Target 3250
Leave your comments on the idea. I am happy to read your views.
Gold establishes bullish wave. Wait for recovery point to BUY✏️ OANDA:XAUUSD Nonfarm announcement has shaped a new trend for gold price. completely broke the previous bearish wave structures and formed a new bullish trend with the break of wave 1 peak around 3315. Trading strategy next week only focuses on BUY signals. Maybe this bullish wave can make gold reach the all-time high.
📉 Key Levels
Support 3333-3315
Resistance 3373-3416
BUY zone: 3333 ; 3315 ( Strong support zone)
BUY DCA trigger Break resistance 3373
Target 3416
Leave your comments on the idea. I am happy to read your views.
Gold (XAU/USD): Supply Zone Rejection & Bearish Breakdown Chart Breakdown:
Supply zone rejection: Gold revisited the “supply zone” (light green/grey area) and failed to break above — a classic signal of seller dominance.
Uptrend invalidated: A sharp rise (steep black trendline) ended with a peak marked by the green arrow, followed by a decisive breakdown.
Ichimoku Cloud test: Prices slipped through the Ichimoku components, reinforcing the shift to bearish sentiment.
Potential targets: The red/green risk‑reward box highlights a short position, targeting ~3,347 then ~3,318 levels (blue labels) as initial support zones.
Strong supply base: The extensive grey zone below marks a "stronger supply zone" — this could cap any modest bounce and keep the downtrend intact.
🔍 Interpretation:
Bias: Bearish — sellers have taken control after a failed breakout.
Strategy: Short on rallies toward the mid‑green/red box (~3,373–3,380), targeting ~3,347 first and then ~3,319. Watch for support at the strong supply region (~3,292) for potential reversal or consolidation.
Risk management: Keep stop above the red zone—above recent highs (~3,380+) to limit risk.
🚀 In a nutshell: After failing to break supply and losing its short‑term uptrend, gold appears poised for a pullback. The next key levels to watch are ~3,347 and ~3,319—where buyers might step back in, or the downtrend continues toward the deeper supply base.
Gold (XAU/USD) in Symmetrical Triangle – Short‑Term Squeeze,Price Structure & Technical Setup
Gold is consolidating within a symmetrical triangle, showing lower highs and higher lows—a classic precursor to breakout in either direction
Fxglory Ltd
+5
TradingView
+5
Babypips.com
+5
TradingView
+2
Babypips.com
+2
TradingView
+2
.
Trendlines converge tightly around $3,326–$3,334, hinting at imminent directional acceleration
Investopedia
+4
TradingView
+4
TradingView
+4
.
🎯 Key Levels & Targets
Scenario Trigger Confirm Area Targets Stop Loss
Bullish Breakout above $3,344–$3,350 $3,369 → $3,396 → $3,422–$3,550 ~$3,340
Bearish Breakdown below ~$3,326–$3,320 $3,320 → $3,300 → $3,297 → $3,255 ~$3,335–$3,340
A breakout above $3,344–$3,350 validated with volume may drive prices toward $3,400+, with extended targets up to $3,550 or higher in bullish conditions
Traders Union
Time Price Research
.
A drop below $3,326–$3,320 risks further decline, targeting $3,300, $3,297, and eventually $3,255 if breakdown momentum builds .
📉 Market Context & Drivers
U.S. dollar strength, easing safe-haven demand, and optimistic trade sentiment are constraining gold’s upside unless breakout forces emerge .
Key upcoming catalysts: FOMC guidance, U.S. macro data (GDP, inflation), and geopolitical developments—their tone could tip the bias direction .
⚙️ Trade Rules & Risk Management
Wait for a confirmed breakout or breakdown—do not trade mid-range.
Confirm break with at least one close outside the triangle and rising volume .
Position sizing: Risk 1–2% per trade, adjust stop-loss to price structure ($8–$15 depending on volatility).
Take profits in stages: scale out at minor milestones (first targets), trail stop for extended targets.
Avoid chasing price within the middle of the triangle—risk/reward is unfavorable.
🧠 Why This Plan?
Follows textbook symmetrical triangle trading methodology: entry on breakout, stop beyond pattern opposite side, projection based on triangle height .
Aligns with broader outlook: bearish unless convincing upside breakout appears, consistent with analyst consensus hedging current bull exhaustion and wait‑and‑see on policy signals .
✅ Summary
Gold is coiling inside a tight triangle range near $3,326–$3,334, with breakout potential identified to either side:
Bullish breakout over $3,344–$3,350 targets up to $3,550 or beyond.
Bearish breakdown under $3,326–$3,320 risks slide towards $3,300–$3,255.
Wait for confirmation, apply disciplined risk controls, and let volume validate the move.
GOLD: $4000 on the way! Bulls has the controlGold is on the way hitting a record high since the global tension rising we can see gold creating another record high. Please note that it is a swing trades and may take weeks and months to hit the target or it may not even reach the target itself. This is prediction only so do your own due diligence.
Gold Surges on Non-Farm Data; 3330 Key Next WeekGold was strongly boosted by the significantly bullish non-farm payroll data, surging sharply like a rocket 🚀, with gains that completely "wiped out" all the weekly losses. The current gold trend, as if injected with super momentum, has completely broken the previous long-short stalemate. Starting from the 3300 level, it has been breaking through obstacles all the way up to 3350. At present, 3330 is like a critical "battleground" ⚔️ fiercely contested by both long and short sides.
This week, when gold was still "lingering" below 3300, I emphasized repeatedly that a rebound was inevitable – we just needed to stay calm and wait for the opportunity. As it turns out, our judgment was spot on, and we successfully took profits around 3340, reaping good gains 💴. Now, gold prices are oscillating back and forth in the 3340-3350 range. Based on a comprehensive analysis of the current trend, I boldly predict that gold is likely to pull back to around 3330 next week, so everyone can prepare in advance 🤗
⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️
🚀 Sell@ 3350
🚀 TP 3330 - 3320 - 3310
🚀 Buy@ 3300 -3310
🚀 TP 3320 - 3330 - 3340
Daily updates bring you precise trading signals 📊 When you hit a snag in trading, these signals stand as your trustworthy compass 🧭 Don’t hesitate to take a look—sincerely hoping they’ll be a huge help to you 🌟 👇
How to seize the key turning points in the gold market?The market is ever-changing, and following the trend is the best strategy. When the trend emerges, jump in; don't buy against it, or you'll suffer. Remember not to act on impulse when trading. The market is a haven for all kinds of resistance, so don't hold onto positions. I'm sure many people have experienced this: the more you hold onto positions, the more panic you become, leading to ever-increasing losses, poor sleep, and missed opportunities. If you share these concerns, why not try following Tian Haoyang's lead and see if it can open your eyes? I'm always here for you if you need help, but how can I help you if you don't even offer a hand?
Gold did not fall below 3280 during the day on Friday and started to fluctuate in the range of 3280-3300. The non-farm payroll data was bullish, and it directly broke through the pressure of 3315, and then broke through the important pressure of 3335 again. As of now, it has reached a high near 3355. The non-farm payroll data market has almost been exhausted. Next, we will focus on the technical form adjustment. At present, you can consider light shorting in the area near 3355-3370. After all, chasing long is risky, and the technical side needs to be adjusted. If your current operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate with me.
Based on the 4-hour chart, short-term resistance is near 3355-3365, with a focus on the key resistance level of 3370-3375. Short-term buy orders should be taken if a rebound continues. I'll provide detailed trading strategies at the bottom of the page, so stay tuned.
Gold operation strategy: Short gold in batches when gold rebounds to 3355-3370, with the target being the area around 3340-3335. Continue to hold if it breaks through.
GOLD TRADING PLAN – Triangle Squeeze, All Eyes on NFP【XAU/USD】GOLD TRADING PLAN – Triangle Squeeze, All Eyes on NFP
Gold continues to trade within a large symmetrical triangle, tightening toward the end of its range. However, current candle structure shows clear bullish momentum, indicating the potential for a strong upside breakout.
🔍 Today’s Key Focus: Non-Farm Payrolls (NFP)
Market expectations are pointing to weaker-than-expected US economic data, which could trigger strong FOMO-buying for gold if confirmed. A poor NFP report would likely weaken the USD, supporting bullish continuation.
🔑 Strategy and Key Technical Levels:
Watch for a confirmed breakout above the descending trendline to trigger Wave 3 of the bullish structure.
CP ZONE + OBS BUY ZONE triggered yesterday already yielded 160+ pips profit.
Strategy: Prefer buy-the-dip entries. SELL setups only valid on strong resistance rejection. Avoid counter-trend trades near breakout zones.
🟩 BUY ZONE:
Entry: 3276 – 3274
Stop Loss: 3270
Take Profits:
3280, 3284, 3290, 3294, 3300, 3305, 3310, 3320, 3330, 3340, 3350
🟥 SELL ZONE:
Entry: 3339 – 3341
Stop Loss: 3345
Take Profits:
3335, 3330, 3325, 3320, 3315, 3310, 3305
Gold is significantly bullish, where can we short?The positive non-farm payroll report pushed the market from 3300 directly above 3330, demonstrating overall bullish momentum. Congratulations again, everyone. Real-time strategies are like a beacon guiding your investment journey. The market will never disappoint those who persevere and explore wisely. Charlie advises against blindly chasing highs. Trading advice (first hit is valid): Focus on key support levels: 3300 and 3310. Go long if these levels are reached.
~For those who want to go short above 3350-55, only use a stop-loss and feel free to try~ PEPPERSTONE:XAUUSD FXOPEN:XAUUSD ACTIVTRADES:GOLD FXOPEN:XAUUSD CMCMARKETS:GOLD VANTAGE:XAUUSD VELOCITY:GOLD