XAUUSD buying opportunitiesToday, I am adapting to low buy operation again. Yesterday, the lowest price in New York market reached 3278, and today the lowest price in Asian market hit the low near 3245. But with the addition of buy orders, the profit has expanded a lot again.
XAUUSD market quotation is 3298. This position can still be arranged for buying. Do not trade independently. Remember to leave me a message. Pay attention to the subsequent precise trading opportunities.
Futures market
Gold is still washing out, beware of a fall below 3326!
📊Comment Analysis
After gold fell in the Asian session, the entire European session rebounded continuously, and the US session hit the 3318 line. Overall, it is still a wide range of shocks and washes out. No matter whether it rises or falls, it is not continuous, and the fluctuation range is large, which is difficult to grasp in short-term operations.
The current rise cannot be regarded as a strong trend. The characteristic of the shock market is repetition. The 4H cycle opens at 3326 as a watershed. Beware of a fall below this position in the US session. You can try to go short near 3320/3325. At present, it is a key position to bet on the short position. If it goes up, it will be 3340/3350. The rise in a short period of time is too large, and once it falls back, the strength will be the same.
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose a lot that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
Analysis and strategy of the latest gold trend on May 29:
Focus on core contradictions
New trend of long-short power game
The sharp contrast between the 5% surge last week and the 1.25% plunge this week reveals that the market has huge differences on the value center of $3,300
The negative correlation between the US dollar index and gold has increased (the recent correlation coefficient has reached -0.82), and the key watershed of the US dollar index of 102.5 needs to be monitored simultaneously
Ranking of the influence of macroeconomic data
Priority ①: Friday core PCE (the most favored inflation indicator by the Federal Reserve, expected to be 4.6%)
Priority ② :Revised GDP value on Thursday (previous value 1.6%)
Priority ③: Initial jobless claims (four consecutive weeks above 210,000 indicate a cooling of employment)
Three-dimensional positioning of technical aspects
Multi-period resonance analysis
Weekly: 5-week moving average (3282) and Bollinger middle rail (3265) form a support belt
Daily: MACD column shrinks but does not cross, suggesting adjustment rather than reversal
Key price matrix
Strong and weak boundary: US$3,300 (trading concentration area in the past 20 trading days)
Attack and defense space:
Upward: 3325 (Fibonacci 38.2%) → 3365 (weekly previous high)
Downward: 3280 (May option biggest pain point) → 3250 (200-day moving average)
Trading strategy
Scenario 1: Pre-data shock (probability 65%)
Operation: 3285-3325 interval grid trading
Buy strategy : Long at 3288-3290, stop loss at 3278, target at 3318
Short strategy: Short at 3320-3325, stop loss at 3332, target at 3292
Position management: No more than 3% per transaction, profit and loss ratio 1:3
Scenario 2: PCE data breakthrough (probability 35%)
Bull breakthrough:
Confirmation condition: 30-minute closing above 3330
Chasing strategy: Add positions after falling back to 3315, stop loss at 3300, target at 3360
Short breakthrough:
Confirmation condition: Hourly line falls below 3270
Chasing strategy: Short at rebound at 3280, stop loss at 3295, target at 32 30
Risk warning system
Black swan monitoring
Geopolitical risk indicators: observe the dynamics of the Russian-Ukrainian front + Middle East tanker premium rates
Liquidity risk: track the 3-month LIBOR-OIS spread (currently 26bp)
Trading strategy recommendations:
Algorithmic strategy: adopt a mean reversion + momentum breakthrough combination strategy
Asian session: RSI (14) 30-70 range shock trading
European and American session: Bollinger bandwidth breakthrough strategy
Hedging plan: buy gold volatility ETF (GVZ) to hedge unilateral risks
The current market is in a wait-and-see state before major data, and it is recommended to maintain a position below 50%. Medium and long-term investors can establish bottom positions in batches in the 3250-3280 area, and short-term traders focus on reverse trading opportunities after the 3315 false breakthrough. Remember: before the Fed's policy shift is confirmed, every deep adjustment of gold is a strategic position building opportunity.
30/5/25 Can Bulls Form a Retest of May 29 High? Or Down?
Thursday’s candlestick (29 May) was a bull bar closing above the middle of its range with a prominent tail above.
In our last report, we said traders would see if the bulls could create a follow-through bull bar closing above the 20-day EMA, or if the market would reverse below the 20-day EMA again, like the previous two times (May 15 and May 21).
The bulls created a follow-through bull bar above the 20-day EMA, something they could not do in the last 2 times (May 15 and May 21).
The candlestick has a long tail above which indicates the bulls are not yet as strong as they hope for.
They want a reversal from a double bottom bull flag (May 16 and May 26).
They see the current move as a pullback and want a retest of the May 29 high tomorrow, even if it forms a lower high.
They need to create a breakout above 4000 with follow-through buying to increase the odds of a reversal.
If the market trades lower, they want the 20-day EMA or the May 26 low to act as support, forming a higher low and a wedge bull flag (with the first two legs being the May 16 and May 26 lows).
The bears want a reversal from a wedge bear flag (April 25, May 14, and May 29).
They want the move to lack follow-through buying above the 20-day EMA like the last 2 times (May 15 and May 21). They want the market to reverse below the 20-day EMA tomorrow.
If the market trades higher, they want the 3950 - 4000 levels as the resistance area. So far, this is the case.
Exports for the first 25 days seem good, +7%
Production is up marginally so far. June's production should be more or less around May's level.
Refineries' appetite to buy in recent days seems ok.
For tomorrow (Friday, May 30), traders will see if the bulls can create a retest of the May 29 high, even if it only forms a lower high.
Or will the market reverse below the 20-day EMA again, like the previous two times (May 15 and May 21)? If so, especially if it is strong, we may get a retest of the May 26 low in the coming days.
Andrew
Elliott Wave Analysis – XAUUSD H1 Timeframe 29/05/2025
🔍 Current Wave Structure
Price is currently correcting within a WXY structure, also known as a double zigzag. At the moment, the market is progressing through wave Y, with two potential targets:
🎯 Target 1: 3245 – already reached, and price has bounced sharply from this zone.
🎯 Target 2: 3215 – a deeper target, requiring further confirmation from price action and real-time momentum.
📈 If wave Y has already ended at 3245, the market may now be in wave 1 of a new bullish cycle. Once wave 1 completes, we’ll look for wave 2, which typically offers a prime entry point for wave 3.
👉 Wave 2 often forms as a zigzag or flat correction. Using Fibonacci confluence and liquidity zones, the potential wave 2 pullback area is 3265 – 3262.
⚡️ Momentum Outlook
🕯 D1: Momentum is entering oversold territory → high probability of bullish reversal today or tomorrow.
🕯 H4: Reversal setup is forming; current H4 candle closes in just over an hour → watch for confirmation.
🕯 H1: Momentum is rising. Wait for a pullback in H1, followed by renewed bullish momentum without breaking below 3245 — that’s likely the end of wave 2 and the entry point for wave 3.
📌 Important Note:
If H4 momentum reverses downward and price fails to break above 3324, it could signal a continuation of the broader downtrend, with 3215 remaining as the next wave Y target.
🛒 Trade Setup
BUY ZONE: 3265 – 3262
Stop Loss: 3255
Take Profits:
• TP1: 3290
• TP2: 3324
• TP3: 3346
❗️ If price breaks below 3245, it would confirm that wave Y is still in progress. In that case, monitor the 3215 zone for a new buying opportunity.
NQ1 Change of caracter after a strong Support breakoutNASDAQ 100 E-mini Futures Sell Signal Confirmation
The latest price action in the NASDAQ 100 E-mini Futures chart presents a compelling case for a strong sell position. Key indicators point to a significant bearish shift:
Break of Structure (BOS): The price has broken below a critical support level, marking the transition from bullish momentum to bearish dominance. This break signals the weakening of buying pressure and the emergence of stronger selling interest.
Change of Character (CHOCH): The market structure has shifted, now forming lower highs and lower lows—a classic sign of bearish control. The CHOCH further solidifies the downtrend, reinforcing traders’ confidence in short positions.
Break of the SMA 209: One of the strongest confirmations of the sell signal is the breach of the 209-period Simple Moving Average (SMA). This moving average often serves as a dynamic support level, and its breakdown suggests a continuation of the bearish trend with increased momentum.
Together, the BOS, CHOCH, and the break of SMA 209 create a strong technical foundation for entering short positions. Traders should remain vigilant for further confirmation through volume analysis and potential resistance retests before executing trades.
Follow @GoldenZoneFX for more content and valuable Insights.
Gold price rebounds from bottom and continues to rise!From the 4-hour analysis of gold, the upper short-term resistance is around 3308-10, the focus is on the suppression of 3316-21, and the support of 3240-45 is concerned. The main tone of participating in the trend remains unchanged. It is recommended to buy gold when it falls back to 3280-3283, and cover long positions when it falls back to 3266-75, with a stop loss of 3257, and the target is 3290-3305. If it breaks, look at 3310-15.
Gold starts a new trend? What is the reason?Gold prices rebounded, and the phenomenon of "buying on dips" appeared after hitting the low of the week earlier. In addition, the US Trade Court ruled that President Donald Trump's tariffs on major trading partners exceeded his authority, which attracted market attention. Investors' focus has gradually shifted to the US core inflation data to be released this week.
So far, the price of gold has risen by 0.91%, and the price has fluctuated around 3315. It hit the lowest point since May 20 during the European and Asian sessions.
The cyclical market presents a three-wave pattern. The first two periods showed a trend of rising first, then falling, and then rising again. It is currently entering the third period. The current rally has basically ended and will usher in a small decline.
I believe that the current rise in gold is partly due to technical covering, while economic uncertainty continues to support gold prices amid ongoing US debt problems and global trade tensions.
In addition, there are reports that the United States has ordered a large number of companies not to export goods to China without permission, and revoked the export licenses that some suppliers have obtained.
The current market is focusing on the US GDP data to be released later and the core personal consumption expenditure price index to be released on Friday. These two data will become an important basis for judging the future interest rate path of the Federal Reserve.
I will also pay attention to the release of news in a timely manner so as to update you in time on the impact of news on gold prices. Please be patient, traders.
The direction is reversed, let's go short together
Views on the trend of gold in the European session!
The view of continued retracement remains unchanged. Although the market fell sharply at the opening and quickly rebounded again, it is still suppressed by the short-selling pattern. Even if there is a large rebound and a break, it is only a lure to buy. In fact, it is a short-selling after the wash. In addition, it has been fluctuating and adjusting for several weeks, but we have been paying attention to the high-rising big positive line closing last week, but we did not expect it to continue to weaken this week.
This is just the beginning of the short-selling. 3280 is the previous low support of gold price. After testing the support, a short-term long-short reversal is formed. It retreats and breaks the low point. It is expected that it will continue to test the low point today. The gold price will be dominated by a short-selling decline. The current round of decline has not been reversed, and the short-selling target below is still the 3233 and 3209 levels!
Gold: Continue to short near 3280 after the second pullback, defend 8-10 US dollars, target 3233-30, break through and look down to 3209! On the contrary, you can enter long positions in the short term and bet on a rebound!
Time to Cut down on Sugar ? Reasons for being bearish on sugar for 2025 season with target price of 15 :
1) Head and Shoulders pattern bearish breakout on Raw sugar below 17 on the monthly timeframe. Price is now trading below the lows of 2022 highlighting potential oversupply of sugar for 2025 season.
2) Recent Unica reports suggesting increase in sugar production in centre-south Brazil.
3) Brent oil is trading below 64 as on date which weakens ethanol pricing thereby leading to farmers diverting more cane towards sugar production
4) USDBRL currently at 5.66 and any depreciation leading above 6 will make sugar exports more favorable leading to increase in supply and price correction.
This view will get negated if price reclaims the level of 18.
Analysis and layout of gold trend in the US market📰 Impact of news:
1. Initial jobless claims data is positive
2. The White House is tough on the court ruling: Trump will win! Three trade agreements are close to being reached
📈 Market analysis:
I think the current rebound should not be directly judged as a unilateral trend. From a technical point of view, in the 4H cycle, the upper 3320-3325 line has a certain suppression force in the short term. If the gold price runs below 3325, we need to be alert to the risk of a high rebound. We can try to arrange short orders based on the 3320-3325 range, and bet on the high selling opportunities in the volatile market. Independent trading with a good stop loss. However, it should be noted that if the price quickly breaks through the 3330 line in the short term and stands above it, it is expected to rise to the 3340-3350 area. At the same time, I think the support below can first look at the 3300 line, with a focus on the 3290-3285 line support.
🏅 Trading strategies:
SELL 3320-3325
TP 3310-3300
BUY 3295-3285
TP 3300-3310-3320
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.
Gold operation strategy adjustmentThe gold 4-hour candlestick chart shows that the Bollinger channel is opening upward, and the short-term trend is obviously weak. From the perspective of the moving average system, the short-term moving average is in a bullish arrangement, which continues to suppress the gold price, and the upward trend is further confirmed. It is recommended to maintain a low-long strategy in operation, focusing on the long opportunities after the callback. The intraday short-term trading idea is mainly to buy on dips. The upper resistance level is to pay attention to the 3215-3220 area, and the lower support is to pay attention to the 3250-3245 range. The specific operation is recommended to buy when the callback reaches the 3388-3393 area
.Gold is recommended to go long in the 3288-3293 area, stop loss at 3280, target at 3305-3320
What do you think about the gold market?Analysis of gold trend:
Gold daily line three small consecutive negative K-line retracement, at the beginning of the week under pressure around the downward trend line 3360, yesterday around the trend line after consolidation to break through the previous day's low of 3290 to further open up space, see through 3290 and follow up short position, as the pattern broke down. The space is further opened. The daily and weekly lines have further signs of falling back, and today will re-test the 3200-3190 area.
Gold 4-hour K-line chart shows that the Bollinger channel is opening upward, and the short-term trend is obviously weak. From the moving average system, the short-term moving average is in a long arrangement, which continues to suppress the gold price, and the upward trend is further confirmed. In terms of operation, it is recommended to maintain a low-long strategy and focus on the long opportunities after the callback. The main idea for intraday short-term trading is to buy on dips. The upper resistance level is 3220-3225 area, and the lower support is 3250-3245. The specific operation suggestion is to consider placing long orders when it pulls back to 3288-3293 area.
Gold keeps going up and down! Who will win?Gold's 1-hour moving average continues to cross the downward short divergence. Gold's shorts are strong. It is normal to have a rebound, which is just a repair of the market. The temporary rebound is not enough to change the short trend of gold. Gold is under pressure below 3300, which is an opportunity to go short at highs. If gold bulls want to turn the tide, they must first regain the 3285 line. If they cannot break through 3285, then the rebound will be an opportunity for shorts.
DR COPPER vs GOLD as a Safe HavenAn enlightening ratio provides additional proof that 2026 is set to be a remarkable year of economic growth, propelling us into the upcoming peak of the #AI cycle.
A key indicator of the AI peak is the initial public offering (IPO) of Open AI on the stock market. This is a definitive signal to capitalise and harvest as much economic energy as possible during the euphoric frenzy, and establish Open AI as a new Tech Titan for the next decade.
Gold (XAUUSD): Beyond the Noise - Uncovering Core LevelsGold (XAUUSD) - A Top-Down Technical Analysis: Navigating Key Levels Amidst Shifting Momentum
Analyst: Sochima Charles Nzeakor /Firm Name - UpperCase
Date: May 29, 2025
Introduction:
Gold (XAUUSD) has been a focal point for global investors, offering a safe haven amidst geopolitical uncertainties and inflationary pressures. This top-down analysis delves into XAUUSD across multiple timeframes – Weekly (1W), Daily (1D), 4-Hour (4H), and 30-Minute (30m) – to provide a comprehensive outlook on its current trajectory and identify key levels for potential trading opportunities. Our objective is to unravel the prevailing market structure, pinpoint critical support and resistance zones, and assess the interplay of price action with broader market sentiment.
1. Weekly Timeframe (1W) - The Macro Picture:
The weekly chart (image: image.png with "tradingsim") reveals a robust bullish trend for XAUUSD over the past few months. Following a significant upward impulse, price has entered a consolidation phase, marked by a series of higher lows and higher highs, albeit with some recent sideways movement.
* Key Observations:
* Strong Uptrend: The long-term trend remains unequivocally bullish, indicated by the overall ascent of price.
* Consolidation/Retracement: After a strong rally, price is currently consolidating within a defined range. This could be interpreted as a healthy retracement or a re-accumulation phase before the next potential move.
* Significant Support: The area around $2,900 - $2,950 appears to be a crucial weekly support zone, having previously acted as resistance.
* Overhead Resistance: The immediate overhead resistance is evident around the $3,450 - $3,500 psychological level, which coincides with recent swing highs.
* Long-Term Bullish Bias: Despite the recent consolidation, the weekly chart strongly suggests a bullish bias for Gold in the long term, contingent on the preservation of key support levels.
2. Daily Timeframe (1D) - Unpacking the Intermediate Trend:
Zooming into the daily chart (image: image.png with "tradingview apk"), we gain a clearer perspective on the intermediate trend and recent price action.
* Key Observations:
* Corrective Structure: The daily chart confirms the ongoing consolidation, which has taken on a more defined corrective structure, possibly forming a bullish pennant or flag pattern.
* Trendline Support/Resistance: A clear descending trendline has formed, acting as dynamic resistance, while a more subtle ascending trendline or horizontal support level has emerged, forming the base of the consolidation.
* Critical Daily Support: The immediate daily support is identified around the $3,200 - $3,250 region, which has seen repeated tests and rejections, indicating its significance.
* Resistance at Trendline/Key Levels: The price has repeatedly bounced off the descending trendline, indicating that breaking above this trendline will be crucial for the next bullish leg. Key resistance levels are also present around $3,320 - $3,360.
* Volume Profile: While not explicitly shown with volume data, a healthy consolidation typically sees decreasing volume, suggesting a potential build-up for the next directional move. A breakout on strong volume would be a significant confirmation.
3. 4-Hour Timeframe (4H) - Dissecting Short-Term Dynamics:
The 4-hour chart (image: image.png with "Chart, xaueur") provides a granular view of the recent price movements within the daily consolidation.
* Key Observations:
* Descending Channel/Wedge: The 4-hour chart clearly illustrates a descending channel or wedge pattern, which is often a bullish reversal pattern when appearing within an uptrend.
* Lower Highs and Lower Lows within Channel: Price has been making lower highs and lower lows within this pattern, indicating short-term bearish pressure.
* Immediate Resistance: The upper boundary of the descending channel acts as immediate resistance. A break above this would signal a shift in short-term momentum.
* Key 4H Support: The $3,260 - $3,280 area has acted as recent support, with price bouncing off these levels. This confluence of support is critical to watch.
* Potential for Breakout: The converging trendlines of the wedge suggest that a significant move is imminent, either a breakout to the upside or a breakdown to test lower support.
4. 30-Minute Timeframe (30m) - The Intraday Pulse:
Finally, the 30-minute chart (images: image.png with "Chart, dogecoin technical analysis" and image.png with "Chart, xaueur") offers the most immediate insights into intraday price action and potential entry/exit points.
* Key Observations:
* Intraday Consolidation/Tightening Range: The 30-minute chart shows a very tight consolidation, with price action compressing into a smaller range. This is typical before a volatility expansion.
* Immediate Resistance: The immediate intraday resistance is around $3,310 - $3,320, which aligns with the upper boundary of the short-term descending pattern observed on the 4H chart.
* Immediate Support: Intraday support is seen around the $3,280 - $3,290 area.
* Breakout Imminent: The extremely tight range and converging trendlines on the 30-minute chart strongly suggest that a breakout, either to the upside or downside, is highly probable in the very near term. Traders should prepare for increased volatility.
Concluding Remarks & Potential Scenarios:
Gold (XAUUSD) is currently in a critical juncture. While the long-term weekly trend remains bullish, the daily and 4-hour charts indicate a well-defined corrective phase within a bullish continuation pattern (descending wedge/pennant). The intraday charts underscore the imminence of a significant move.
Bullish Scenario:
A decisive breakout above the descending trendline on the daily and 4-hour charts, coupled with a break above the $3,320 - $3,360 resistance zone, would confirm the continuation of the long-term uptrend. Targets could then extend towards the $3,450 - $3,500 weekly resistance and potentially higher, towards $3,600 and beyond. This would be supported by strong volume and sustained momentum.
Bearish Scenario:
Conversely, a breakdown below the crucial daily support at $3,200 - $3,250 would invalidate the current bullish continuation pattern and suggest a deeper retracement. In this scenario, price could seek support at the weekly support zone around $2,900 - $2,950. A break below $3,280 on the 30-minute chart would be an early warning sign.
Key Levels to Watch:
* Major Resistance: $3,320, $3,360, $3,450 - $3,500
* Major Support: $3,200 - $3,250, $2,900 - $2,950
* Intraday Resistance: $3,310 - $3,320
* Intraday Support: $3,280 - $3,290
Disclaimer : This analysis is for informational purposes only and does not constitute financial advice. Trading involves substantial risk, and past performance is not indicative of future results. Always conduct your own due diligence and consult with a qualified financial professional before making any investment decisions.
We encourage community discussion and diverse perspectives on this analysis. Please share your insights and charts in the comments below!
Gold Consolidation Near Key Liquidity Zone | Potential Reversal Gold is currently consolidating within a defined range after a strong bullish impulse. Price action has gravitated toward the $3,260 liquidity zone, suggesting a potential false breakout before continuation.
🔹 Technical Insights:
Price respecting support near 3,260 zone
Bearish liquidity sweep anticipated before next leg up
Bullish recovery expected on liquidity trap confirmation
🔹 Macro Context:
💵 USD strength contributing to short-term correction
⚖️ Market eyes economic data for dollar direction
🕯 Key liquidity zone could trigger a reversal toward $3,375+
📌 Trading Plan: Watch for bullish reaction around 3,260. A successful trap of late sellers could fuel a sharp rebound toward upper resistance.
Note : If you found this helpful, like and follow for more trade ideas!
Share My Idea With Your Firends Mention Your Feed back Comment Section
This is not financial advice. Please conduct your own research and manage risk accordingly.