Gold - $3,500 All-Time High! When Will The New Highs Form?It's been a good run throughout 2025 with little to no drawdown week in, week out. Only 3 bearish weekly closures in 2025 but i believe we wil be seeing a few more of them as the Dollar Index is starting to pivot.
On a lookout for low hanging fruit PD arrays; 1st point of interest is $3,260 with the overall draw to $3,193 - $3,167 being the stretch target
GOLD trade ideas
Gold Trade plan 29/04/2025Dear Traders,
Gold is still ranging within a triangle pattern. I believe that, considering the dollar index is at a bottom and there’s a potential for a 300-pip rise, gold may come under selling pressure. That said, as long as the price remains inside the triangle, it’s better to stay on the sidelines and wait to see which side the triangle breaks. If there’s an upward breakout, I consider the 3380–3400 area a suitable zone for selling.
if you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza
Gold (XAUUSD) Take Profit📉 Gold (XAUUSD) Trade Update
A few hours ago, I shared a short setup on gold — it has successfully hit the target and closed with a solid profit.
Looking ahead, there's still room for further downside. In the medium term, gold could decline towards the $3020 level.
🔔 I post detailed trade ideas and daily market analysis like this every day on my TradingView profile.
👉 Follow me to get notified and read the full breakdowns.
XAU/USD Elliott Wave Count: Preparing for Final ImpulseXAU/USD appears to be in a textbook 5-wave impulsive structure on the 4H chart, with the market now completing Wave 4 as a classic ABC corrective flat/pennant.
The impulsive move from the Wave 2 low has formed clear internal substructures, with Wave 3 exhibiting extended price action, consistent with Elliott Wave guidelines.
Currently, price is consolidating in a contracting pattern labeled Wave 4 (A-B-C), which looks to be near completion. Based on wave symmetry and Fibonacci projections, a strong upside move is anticipated once Wave 4 concludes, leading into the final Wave 5 rally.
Entry Zone: 3286.875
Target: 3367.440– 3410.210
Stop Loss: Below 3260.190.
Next Move PossibleAs of April 29, 2025, the XAU/USD (gold) market remains highly volatile, influenced by geopolitical tensions, economic uncertainty, and central bank policies. Here’s an overview of the current outlook and potential next moves for gold prices:
📈 Current Market Overview
• Record Highs: Gold prices recently reached a record high of nearly $3,500 per ounce, driven by concerns over U.S.-China trade tensions, inflation, and geopolitical instability. 
• Recent Pullback: Following the peak, gold experienced a slight retreat, trading around $3,350 per ounce. This pullback is attributed to easing trade tensions and reassurances from U.S. President Trump regarding Federal Reserve Chair Jerome Powell. 
🔮 Forecast and Key Levels
• Short-Term Support Levels: Analysts have identified key support levels at $3,145, $2,955, and $2,790, based on historical highs and Fibonacci retracement levels. 
• Resistance and Profit-Taking: The $3,500 region is seen as a potential profit-taking point if gold mounts a recovery. 
• Long-Term Outlook: JP Morgan forecasts that gold prices will surpass $4,000 per ounce by Q2 2026, driven by heightened recession risks amid escalating U.S. tariffs and a prolonged U.S.-China trade conflict. Goldman Sachs also revised its 2025 year-end gold price forecast to $3,700/oz, noting that in extreme scenarios, gold could approach $4,500/oz. 
⚠️ Risks and Considerations
• Potential Decline: Morningstar analyst Jon Mills predicts a 38% decline in gold prices over the next five years, potentially falling to $1,820 per ounce, due to increased gold production and waning interest from central banks and investors. 
• Market Volatility: Gold’s status as a safe-haven asset makes it susceptible to sharp price swings in response to economic data releases, central bank decisions, and geopolitical developments.
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Will Gold Reject This Important Resistance?Hey Traders, in today's trading session we are monitoring Gold for a selling opportunity around 3,355 zone, Gold is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 3,355 support and resistance area.
Trade safe, Joe.
Gold: A Complex Outlook After Reacting Near 3,500Gold: A Complex Outlook After Reacting Near 3,500
In today's video, I discussed potential price movements for gold in the coming days. While the overall trend remains bullish, uncertainty is still present.
Be cautious—gold’s direction is not fully clear yet, despite the strong upward momentum. Key price levels and market reactions will help shape the next moves.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
XAU/USD: Bull or Bear? (READ THE CAPTION)By analyzing the gold chart on the 30-minute timeframe, we can see that yesterday, right after posting the analysis, the price quickly hit the first target at $3307, then experienced a bounce and rallied to the $3369 supply zone. From there, gold faced more downward pressure and eventually reached the targets at $3303, $3297, and nearly $3285.
Currently, gold is trading around $3291, and if $3285 is broken, we could expect further downside toward levels below $3259.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
XAUUSD 1HGold Analysis
Continuing the previous analysis
The market faces a critical test at 3340.
A confirmed break and stabilization above this level would invalidate today's analysis and shift the trend bullish.
However, based on precise mathematical modeling, the expectation is clear:
The market is likely to fail in breaking above 3340, opening the way for a strong bearish move toward:
3235
3170
3130
Stay disciplined, trust the math, and move with confidence.
In a world full of uncertainty, we follow certainty.
Stay with me!
GOLD → A false breakdown of support will lead to growthFX:XAUUSD is trading within the range of 3370-3270. Since the opening of the session, the price has lost its potential for further decline. There is no news on Friday, so after retesting the liquidity and support zone of 3283-3270, the price is likely to return to growth.
Gold stabilizes near $3,350, but growth is held back by the dollar
On Friday, gold held its ground after recovering, but further growth is limited by the strengthening dollar and hopes for progress in the tariff war negotiations...
Optimism about corporate earnings in the US and easing recession fears are supporting demand for the dollar. However, ongoing uncertainty in US-China relations is keeping interest in gold alive.
Markets are waiting for new signals from the White House and the Fed, which will determine the further movement of gold prices towards the end of the week.
Focus on supporting the trading range. A false breakdown of 3283-3270 could change the balance of power, leading to a rebound or growth.
Resistance levels: 3314, 3342, 3370
Support levels: 3283, 3270, 3244
There is no news today, except for the unpredictable Trump and the general situation with the tariff war. Any speech or tweet could shake the market. However, after a neutral week, gold remained within the range, and the market is likely to keep the metal within the flat on Friday. Accordingly, I expect a rebound from support and growth to the intermediate resistance lines indicated above.
Best regards, R. Linda!
Gold price decreased at the beginning of the week⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) edged lower toward $3,310 during the early Asian session on Monday, retreating from last week's record highs amid growing signs of easing global trade tensions.
US Agriculture Secretary Brooke Rollins revealed on Sunday that the Trump administration is engaged in daily discussions with China regarding tariffs, according to Reuters. Rollins also emphasized that agreements with several other countries were “very close” to being finalized.
"Headlines hinting at possible partial exemptions from retaliatory tariffs further lifted market sentiment and contributed to gold slipping below the $3,300 mark," noted Yuxuan Tang, strategist at JPMorgan Private Bank.
⭐️Personal comments NOVA:
At the beginning of the week, gold prices were mainly sideways, without much news impact, trading around 3300 and gradually decreasing.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3368- 3370 SL 3375
TP1: $3360
TP2: $3350
TP3: $3340
🔥BUY GOLD zone: $3212 - $3214 SL $3207
TP1: $3225
TP2: $3240
TP3: $3255
⭐️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
GOLD ROUTE MAP UPDATEHey Everyone,
A great finish to the week with all our chart ideas completed, as analysed.
This is our 4h chart update that started with the open Bullish target and then all the way to the top into our final target with a few pips short and then followed with a perfect rejection on our final Goldturn.
The price dropped into each lower Goldturns for support and gave the 30 to 40 pip bounces like we always state. The final drop went and completed the open bearish target at 3282, completing this chart idea top to bottom.
BULLISH TARGET
3330 - DONE
EMA5 CROSS AND LOCK ABOVE 3330 WILL OPEN THE FOLLOWING BULLISH TARGET
3372 -DONE
EMA5 CROSS AND LOCK ABOVE 3372 WILL OPEN THE FOLLOWING BULLISH TARGET
3414 - DONE
EMA5 CROSS AND LOCK ABOVE 2414 WILL OPEN THE FOLLOWING BULLISH TARGET
3457 - DONE
EMA5 CROSS AND LOCK ABOVE 3457 WILL OPEN THE FOLLOWING BULLISH TARGET
3503 - DONE (FELL SHORT BY A FEW PIPS)
BEARISH TARGETS
3282 - DONE
We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead.
Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Gold: a bit of relaxationInvestors are perceiving that the US-China trade war tensions are easing, in which sense, the price of gold lost some of the value as of the end of the previous week. The gold lost some 2%, and was last traded at the level of $3.318. It should be also considered that during the several few weeks, the price of gold was continuously reaching new all time highest levels, in which sense, some profit-taking also impacted the modest drop in the price.
The RSI dropped from the overbought market side to the level of 61, where it is closing the week. The moving averages of 50 and 200 days still continue to move as two parallel lines with an uptrend, unchanged for the past several months.
Analysts are noting that currently there are no significant selling orders, in which sense, this might be treated as the short term gold reversal. As the US-China trade war is easing, some investors are pulling out their funds from gold, as a safe-haven asset, in order to invest them into more risky assets, like equities. The price of gold is still moving in an uncharted territory, in which sense, the technical analysis might provide not-so-accurate predictions. The relaxation in the price of gold might continue, however, any negative news regarding trade tariffs will certainly impact the jump in its price, during this period of time. The uncertainty in markets is still high and should not be underestimated.
XAUUSD COT and Liquidity AnalysisHey what up traders welcome to the COT data and Liquidity report. It's always good to go with those who move the market here is what I see in their cards. I share my COT - order flow views every weekend.
🎯 Non Commercials reduced their longs exposure by more then 50K. Its seem to me like the momentum is slowing down and pullback will be healthy here
📍Please be aware that institutions report data to the SEC on Tuesdays and data are reported on Fridays - so again we as retail traders have disadvantage, but there is possibility to read between the lines. Remember in the report is what they want you to see, that's why mostly price reverse on Wednesday after the report so their cards are hidden as long as possible. However if the trend is running you can read it and use for your advantage.
💊 Tip
if the level has confluence with the high volume on COT it can be strong support / Resistance.
👍 Hit like if you find this analysis helpful, and don't hesitate to comment with your opinions, charts or any questions.
Analysis done on the Tradenation Charts
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
"Adapt what is useful, reject what is useless, and add what is specifically your own."
— David Perk aka Dave FX Hunter ⚔️
Gold can break support level and continue to declineHello traders, I want share with you my opinion about Gold. For a while, Gold was confidently moving within an upward channel, with each impulse supported by rebounds from the lower boundary. After breaking out of the buyer zone, the price made a strong bullish move, supported by momentum and healthy corrections. This movement continued up to the current support level at 3285, where the price began to stall. Then, a classic Head and Shoulders pattern has now fully formed. The left shoulder, head, and right shoulder are all visible and aligned with the support area, which now acts as the neckline of the pattern. This isn't random, it's a well-defined reversal signal forming after an extended bullish leg. The rejection from the right shoulder shows evident seller control, and the price is now testing the neckline from below. The support area has already been broken once, and any bounce from here appears corrective rather than impulsive. Given this setup, I expect that price can fully breakdown toward the 3060 level, which acts as both a strong historical support and my TP1. Please share this idea with your friends and click Boost 🚀
Gold Analysis | End of Bullish Trend or Start of Major CorrectioAfter completing five bullish waves based on Elliott Wave Theory, Gold is now at a major decision point!
✍️ This week’s outlook:
Key Resistance: $3377
As long as this level holds, we expect a bearish C wave targeting $3166.
Chart is ready; waiting for price action confirmation!
Alternative Scenario: If resistance breaks, the corrective scenario will be invalidated.
What’s your outlook on Gold?
#TechnicalAnalysis #Gold #ElliottWave #TradingView #XAUUSD
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
Gold playing ball again early session hitting the level we wanted for the long and then rejecting the hot spot for the short into the lower levels. As it's Friday, we did take it a little easier on gold, hitting 2 targets, and then 6 across other pairs giving us another sensible end to the week.
Now, we've competed the bias level targets up and down, we have support below at the 3280-75 level and resistance at 3306-10 which could be the region they want to target for the close. It's also the level to watch, unless broken we can see further downside, but we'll visit that on Sundays KOG Report.
RED BOXES:
Break above 3335 for 3345✅, 3347✅, 3355✅ and 3367✅ in extension of the move
Break below 3320 for 3310✅, 3306✅, 3296, 3286✅ and 3380✅ in extension of the move
Wishing you all a great weekend ahead.
As always, trade safe.
KOG
Gold trend picks directionGold fell by 230 USD in a row on the daily line. Currently, 3500 is under short-term pressure. Today, we will focus on the continuity of the decline. It directly rushed from 3288 to 3310 in 5 minutes after opening. Yesterday, it hit the lowest point of 3258 above the 0.5 division of 2956-3500. This position is temporarily supported and rebounded, but whether the adjustment is over is still uncertain. It depends on the intraday closing pattern. If today's closing can stand above the MA5 daily moving average resistance of 3358 again, then there will be signs of the end of the downward adjustment, and the next day must be accompanied by a positive line. Pull up; on the contrary, if it closes below the 5-day MA, then there is a high probability that the 10-day moving average position will continue to decline, and then the 50-division position 3228 is further down, which happens to be the starting point of the big positive on April 16. This is likely to be the end point of this round of adjustment, or there will not be much room to go down, because from the standard wave pattern, it cannot fall below the first wave high, which is 3167, which is also the current middle track; therefore, either 3228 will stabilize on dips, or somewhere in the 3228-3167 area will stabilize, and then finally return to the bullish trend and pull up
The short-term 4-hour middle track 3380 has been lost and has become a key counter-pressure point. As long as it does not stand above it again, it will maintain a downward correction. After breaking 3292 below, the 66-day moving average of 3260 will be the loser or loser; the 1-hour K-line is under pressure from ma10 and ma5 and continues to fall. After yesterday's consolidation and pull-up, the K-line has now re-run above ma10, and the macd has formed a golden cross below the zero axis. This wave of 200 US dollars of rapid decline has almost corrected most of it. If it continues downward for another wave, or with the help of bottom divergence, it will slowly brew a short-term bottom; today's gold rebound focuses on the resistance below 3367, below the extreme middle track of 3380, and it is still bearish if it cannot withstand the pressure. If the strong support of 3260 or 3245-28 is stable, we will start to consider bottom-fishing.
#XAUUSD: We are up 1040+ pips from our previous setup! Gold has risen from 3268 to 3364, helping us make substantial positive gains. However, after reaching the $3364 region, the price dropped around 3310 and has since been fluctuating between 3310 and 3340, making it challenging to trade. There’s a possibility that the price might touch 3400 once again before it drops.
Good luck and trade safely.
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