Professional Analysis: XAU/USD – GOLD Price Forecast :
📈 Professional Analysis: XAU/USD – GOLD Price Forecast 🟡
🗓️ Date: May 28–29, 2025 | ⏱ Timeframe: Intraday (Hourly)
🔍 Instrument: Gold vs. USD (XAU/USD)
📊 Technical Chart Summary
🟥 Resistance Zone:
📌 Level: $3,350 – $3,365
🛑 Price has rejected this zone multiple times, marking it as a strong supply area.
📉 Each test of resistance led to a pullback — showing seller strength 💪.
🟩 Support Zone:
📌 Level: $3,280 – $3,295
🛡 Multiple higher low bounces suggest this zone is being defended by buyers.
🔁 Price has formed 3 reaction lows, indicating accumulation 📥.
🔄 Structure & Pattern Recognition
🔺 Descending followed by Ascending Swings
⛳ Market shows a reversal attempt after forming a potential double bottom / triple test at support.
📈 Bullish structure forming with the latest swing creating a higher low.
📉 Past wave = Bearish Correction
📈 Current projection = Potential bullish impulse if the support holds.
📐 Projection & Price Action Forecast
📍 Current Price: $3,297.175
📈 Expected Move: Bounce off support → climb toward $3,330–$3,350 🔼
🧠 Rationale:
Price testing support again
Market respecting horizontal range
No clean breakdown yet
📊 Bullish Scenario (Primary)
🔁 Rebound off support
🎯 Target: Resistance zone ($3,350)
✅ Entry: Above $3,300 with bullish candle close
🛑 SL: Below $3,280
📉 Bearish Breakdown (Alternate)
❌ Break below $3,280
🎯 Target: $3,260 or lower
⚠️ Wait for confirmation candle
🔚 Conclusion
🟡 Gold (XAU/USD) is trading within a well-defined range with buyers stepping in near $3,290 and sellers near $3,355.
📌 Based on current technicals, there’s a higher probability of an upward move, unless support breaks decisively.
🛠️ Pro Tip:
💡 Use RSI + Volume to confirm momentum on breakout. Look for bullish divergence or volume surge near the bounce.
Futures market
Elliott Wave Analysis – XAUUSD H1 30/05/2025
🔍 Wave Structure Update
As of now, price has broken above the X wave high and is undergoing a retracement. This is a positive signal, suggesting that Wave 1 (black) of the larger green impulsive wave may have completed. Currently, price is likely in Wave 2 (black) – offering a good opportunity to position for the upcoming Wave iii (green).
Within Wave 2, we expect classic corrective structures such as zigzag or flat to form. Based on current price action, a short-term bounce followed by another leg down is anticipated to complete the corrective phase.
🎯 Potential Wave 2 Target Zones
• Target 1: 3290
• Target 2: 3272
❗ If price drops further to 3245, the assumption that Wave 2 has ended may be invalid. In that case, the broader correction could continue toward 3215 (Wave Y target).
📈 Momentum Outlook
D1 Chart: Momentum shows signs of reversal to the upside – supporting a bullish bias for the coming week.
H4 Chart: Momentum is weakening, suggesting price may move sideways or pull back today as part of Wave 2 development.
H1 Chart: Currently oversold, indicating a likely short-term bounce or sideways movement to maintain this oversold condition until H4 also reaches oversold.
🧭 Trading Plan
🔹 Scalp Buy
• Entry: 3291 – 3289
• SL: 3286
• TP1: 3306
• TP2: 3324
• TP3: 3346
🔹 Main Buy Zone
• Entry: 3272 – 3269
• SL: 3262
• TP1: 3290
• TP2: 3324
• TP3: 3373
Gold XAUUSD Move 29 May 2025Price Action: The price recently approached the 3,320-3,325 resistance zone (highlighted by horizontal lines) and rejected it, forming a bearish candlestick pattern (e.g., shooting star / doji). This suggests strong selling pressure at this level.
Trendline: The trendline from the recent high shows a potential double top or head-and-shoulders pattern, reinforcing the likelihood of a reversal.
Support Levels: Immediate support lies around 3290/80 (previous consolidation zone).
Volume (implied): A spike in selling volume at 3,320-3,325 could confirm the rejection.
Analysis: The rejection at 3,320-3,325, combined with the trendline break, indicates a potential sell-off. The market may be shifting from bullish to bearish momentum, especially if the price closes below the recent low.
Signal: Sell at 3,320-3,325 if the price rejects again with a bearish candle confirmation. Target 3,200-3,250, stop loss above 3,335.
BEST GOLD M30 BUY SETUP FOR TODAY📉 Gold is currently showing signs of a potential pullback towards the key demand zone around 3,290–3,285 marked in purple. This area has previously acted as a strong support and could trigger a bullish reversal if price reacts positively here. 🟪 Once the price enters this zone and forms a bullish confirmation (like a rejection wick or bullish engulfing candle), we could see a strong upward move targeting 3,320+ 📈. Traders should stay alert for buying opportunities from this zone and avoid chasing the price before a clear confirmation! 🎯⚡
S&P500: Top Within ReachThe S&P has recently continued its upward movement, climbing higher into the magenta-colored Short Target Zone between 5,880 and 6,166 points. Primarily, we expect the top of the current wave (X) in magenta within this price range, after which a downtrend should follow with wave (Y). This final phase of the magenta three-part movement should lead the index into the green Long Target Zone between 4,988 and 4,763 points, completing the overarching green wave there. A rise above the upper boundary of the Target Zone and a breach of resistance at 6,675 points would trigger our alternative scenario.
📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.
Gold strategy today, I hope it will be helpful to you
On May 29, the U.S. Court of Appeals for the Federal Circuit approved the Trump administration's request to temporarily suspend a previous ruling by the U.S. Court of International Trade that had prohibited the implementation of the Trump administration's executive order imposing tariffs on multiple countries under the International Emergency Economic Powers Act. This news could have significant implications for the global economy and financial markets, and for the gold market, it represents a potential major bullish factor.
When global economic uncertainty increases, investors often seek safe-haven assets to protect their wealth. As a traditional safe-haven asset, gold demand is likely to rise significantly. On one hand, the escalation of trade friction may lead to higher global inflation expectations, and gold's inflation-hedging properties enable it to maintain its value in inflationary environments, which could attract large numbers of investors to buy gold. On the other hand, the escalation of market risk aversion will prompt investors to shift from risky assets to safe-haven assets like gold, driving gold prices higher.
Gold strategy today, I hope it will be helpful to you
XAUUSD BUY@3315~3320
SL3300
TP1:3330~3335
GOLD Gold Price, 10-Year Bond Yields, Interest Rates, and DXY Correlation
1. Gold vs. 10-Year Bond Yields
Inverse Relationship: Gold prices and bond yields (nominal) typically move inversely. Higher yields reduce gold’s appeal as a non-yielding asset, while lower yields boost demand for gold.
Real Interest Rates: The real yield (nominal yield minus inflation) is the key driver. When real yields fall (e.g., due to high inflation), gold prices rise, even if nominal yields increase. For example, gold surged during the 1970s despite rising nominal yields because inflation outpaced rates.
Current Example: A 10-year Treasury yield of 4.54% (nominal) with high inflation could still support gold if real yields remain negative or low.
2. Gold vs. Interest Rates
Inverse Correlation: Rising interest rates (e.g., Fed hikes) strengthen the dollar and increase bond yields, pressuring gold prices. Falling rates weaken the dollar and reduce yields, boosting gold.
Opportunity Cost: Gold doesn’t pay interest, so higher rates make yield-bearing assets (bonds, savings) more attractive
Recent Context: Markets pricing in Fed rate cuts in 2025 have supported gold prices, as lower rates reduce the opportunity cost of holding gold.
3. Gold vs. DXY (Dollar Index)
Inverse Relationship: A stronger dollar (DXY↑) makes gold more expensive for foreign buyers, reducing demand. A weaker dollar (DXY↓) boosts gold’s affordability and appeal.
Exceptions: During crises, both gold and the dollar may rise as safe havens (e.g., 2008 financial crisis).
4. 10-Year Yields vs. DXY
Positive Correlation: Higher yields often strengthen the dollar (DXY↑) by attracting foreign capital into USD-denominated bonds.
Divergence Risk: If yields rise due to fiscal concerns (e.g., US debt) rather than growth, the dollar may weaken despite higher yields.
Summary Table
Relationship Typical Correlation Key Driver(s)
Gold ⇄ 10-Year Yields Inverse Real interest rates (nominal yield - inflation)
Gold ⇄ Interest Rates Inverse Opportunity cost of holding non-yielding gold
Gold ⇄ DXY Inverse USD strength impacting gold’s global demand
DXY ⇄ 10-Year Yields Positive Yield-seeking capital flows into USD assets
Key Scenarios
Rising Yields + Strong Dollar:
Gold faces dual headwinds (e.g., Fed tightening cycles).
Falling Yields + Weak Dollar:
Gold rallies (e.g., post-2008 QE, 2020 pandemic).
Stagflation (High Inflation + Low Growth):
Gold rises despite higher nominal yields (real yields turn negative).
Conclusion
The interplay between gold, bond yields, interest rates, and the dollar is dynamic:
Gold’s primary driver is real interest rates, not nominal yields.
A weaker dollar (DXY↓) and falling real yields create ideal conditions for gold rallies.
While correlations are strong historically, exceptions occur during crises or stagflation.
Trade Implications:
Monitor real yields (10-year TIPS) and DXY trends for gold price direction.
Fed policy shifts, inflation data, and geopolitical risks can override typical correlations.
For detailed analysis, track real-time data on bond yields, inflation expectations, and central bank rhetoric.
#GOLD #DOLLAR
GOLD NEXT MOVE (expecting a mild correction now)(26-05-2025)Go through the analysis carefully and do trade accordingly.
Anup 'BIAS for the day (26-05-2025)
Current price- 3336
"if Price stays below 3350, then next target is 3326, 3315, 3300 and 3285 and above that 3370 ".
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk more than 1% of principal to follow any position.
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XAU/USD Buy Setup Explanation (Using Fibonacci Levels)This chart presents a bullish trading setup on gold (XAU/USD) based on a Fibonacci retracement strategy. It suggests a buy opportunity after a pullback.
✅ Fibonacci Levels:
> 0.0% (Top): $3,331 – recent swing high (used as reference)
> 23.6%: $3,312 – minor resistance zone
> 38.2%: $3,297 – initial pullback area
> 50.0%: $3,290 – psychological mid-level
> 61.8% (Golden Ratio): $3,280 – key Fibonacci support
> 78.6%: $3,266 – deeper retracement support
> 100% (Bottom): $3,249 – recent swing low
🟪 Buy Zone (Between 50% and 61.8%):
The marked BUY ZONE is between $3,290 and $3,280, aligning with the Fibonacci golden pocket.
This is a high-probability reversal area, as it combines:
Strong Fibonacci confluence (50%–61.8%)
Prior price reaction zones (structure-based support)
: TP1: $3,320 – aligns with previous structure zone and 23.6% retracement.
: Final Target: $3,350 – a retest of the major resistance and previous high.
📌 Conclusion:
This is a classic Fibonacci retracement long setup:
Wait for a bullish reversal pattern (e.g., pin bar, engulfing) in the buy zone.
As long as the price holds above $3,266, the bullish structure remains valid.
Ideal for swing traders looking to catch a bounce off the golden ratio support.
Update from 29/05Our previous forecast unfolded as anticipated, with the price respecting the designated buy zone and holding firm above the correction trend level at 3332.
Looking ahead, I anticipate a short-term correction in the range of 3200 to 3233 before the market resumes its upward momentum.
Gold May Undergo Short-Term Correction Amid Technical Resistance📊 Market Overview:
Gold is currently trading around $3,314/oz, slightly down after testing resistance near $3,350. The market faces pressure from a strengthening USD and inflation concerns. Investors are closely monitoring signals from the Federal Reserve regarding future monetary policy.
📉 Technical Analysis:
• Key Resistance: $3,350
• Nearest Support: $3,200
• EMA: Current price is near the 50-day EMA, indicating a potential trend reversal if resistance holds.
📌 Outlook:
Gold may decline in the short term if it fails to break above the $3,350 resistance and the USD continues to strengthen.
💡 Suggested Trading Strategy:
SELL XAU/USD at: $3330
o 🎯 TP: $3,310
o ❌ SL: $3,340
BUY XAU/USD at: $3,230
o 🎯 TP: $3,250
o ❌ SL: $3,220
Market next move
🔍 1. Weak Confirmation for Target Level
The marked "TARGET" area lacks strong technical confirmation such as:
Resistance zone retest.
Fibonacci level confluence.
Moving average alignment.
Without solid technical backing, this target may appear speculative.
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📉 2. Bearish Momentum is Strong
The last few candles show strong red (bearish) momentum.
The price has broken short-term support levels (e.g., local lows from the 29th).
Volume is increasing on bearish candles, signaling strong selling pressure.
Setting a bullish target while in a bearish momentum phase might be premature.
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🕒 3. Timeframe Limitations
This is a 1-hour chart, which is more prone to noise and false signals.
Higher timeframes (like 4H or Daily) should be checked to validate this upward target.
XAU/USD Breakout Opportunity Above Descending TrendlineGold (XAU/USD) is showing a potential bullish breakout on the 15-minute chart. Price action has broken above a descending trendline, signaling a possible reversal from the recent downtrend. A strong bullish candle has closed above the trendline and horizontal resistance near the $3,302–$3,303 area, which may now act as a support.
The setup shows a favorable risk-to-reward ratio with a long position targeting around $3,354, and a stop-loss placed just below the recent breakout zone at $3,288. This indicates a bullish bias as long as price holds above the broken trendline and horizontal support.
Volume appears to be increasing, supporting the strength of the breakout.
⚠️ This analysis is for educational purposes only and not financial advice.
XAUUSD Bearish Continuation Setup 📉 XAUUSD Bearish Continuation Setup – Descending Channel + Wave Structure
Gold is currently trading inside a clearly defined descending channel on the 4H chart. After completing a clean 5-wave corrective move (ABC or WXY style), price recently formed a wick rejection followed by an engulfing bearish candle right at the mid-range resistance zone.
🔍 Key Observations:
Price is respecting the upper boundary of the descending channel, showing repeated failure to break out.
A potential rejection zone has formed, marked by a wick + engulfing candle combo.
RSI shows a lower high, hinting at hidden bearish divergence.
Projected move targets the lower boundary of the channel, around 3248–3100 zone.
📌 Bias: Bearish
🎯 Target: 3248 (initial support zone)
📛 Invalidation: Break and close above the upper channel
May 30, 2025 - XAUUSD GOLD Analysis and Potential OpportunitySummary:
Today is the final trading day of May — expect potential volatility as institutions may close monthly positions.
👉 Main plan: BUY on pullbacks to support around 3300–3305, as long as it holds.
Range trading between 3288–3325 is possible — trade high sell / low buy.
🔍 Key Levels:
• Resistance: 3350 / 3332 / 3325 / 3315
• Support: 3305 / 3300 / 3288 / 3276 / 3265 / 3250
📉 Macro Strategy:
• SELL if price breaks below 3305 → target 3300, 3295, 3288, 3276
• BUY if price holds above 3325 → target 3332, 3337, 3345, 3350
💬 If this plan helps, drop a like to show support — it keeps me motivated to share more! 🙌
Selling pressure, gold price falls below 3300⭐️GOLDEN INFORMATION:
Gold prices continued to retreat during Wednesday’s North American session, slipping below the $3,300 mark after reaching an intraday high of $3,325 earlier. The pullback, amounting to a 0.27% decline, came as traders absorbed the implications of the latest Federal Reserve (Fed) meeting minutes.
During the May 6–7 policy meeting, the Fed opted to leave interest rates unchanged, highlighting growing uncertainty surrounding the economic impact of proposed tariffs. Officials maintained a cautious stance, citing heightened risks of both inflation and unemployment—potential consequences of trade disruptions.
The minutes also reflected concerns over stagflation, with policymakers noting that “the Committee may face challenging trade-offs if inflation proves more persistent while growth and employment expectations deteriorate.”
⭐️Personal comments NOVA:
The downtrend line remains intact, gold prices are trading around below 3300. The tariff backdrop remains largely unchanged.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3311- 3313 SL 3318
TP1: $3300
TP2: $3290
TP3: $3280
🔥BUY GOLD zone: $3205- $3207 SL $3200
TP1: $3218
TP2: $3230
TP3: $3248
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account