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CFDs on Gold (US$ / OZ)

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GOLD trade ideas

Beware of fake gold price rises and real falls 📊Technical aspects International gold rebounded from the bottom on Wednesday and closed up strongly again. On Wednesday morning, the gold price fell to 3345 and then rebounded quickly. During the Asian session, the gold price reached 3370 and then fluctuated downward. In the afternoon session, the gold price reached 3350 and then fluctuated upward. During the European session, the gold price reached 3365 and then expanded the intraday decline. On the eve of the opening of the US session, the gold price reached 3340 and then rebounded. During the US session, the gold price expanded the intraday increase and reached 3385 before a slight decline. The number of ADP employment in the United States in May was 37,000, which was 110,000 lower than the market expectation and the previous value was 62,000. Data is lower than expected, gold is rising? As far as gold is concerned, it is only in a wide range of fluctuations and there is still no clear direction. Through the above trend, we can clearly recognize that gold has insufficient upward momentum. Gold can no longer meet the current short-term profit, and there is no need to deliberately pursue it. Our most important goal is to seize the market of 100-200 US dollars. 💰 Strategy Package Short Position：3375-3380
TVC:GOLDShort
by TheodoreSilas
1
GOLD The higher-than-expected US Unemployment Claims (247K actual vs. 236K forecast) suggest emerging softness in the labor market, increasing the likelihood of Federal Reserve rate cuts in 2025. Here’s how this data impacts the Fed’s policy outlook: Key Implications for the Fed Labor Market Cooling: The uptick in claims aligns with recent trends of slowing payroll growth (Q1 2025 average: 152K jobs/month vs. Q4 2024: 209K) and a stagnant unemployment rate near 4.2%. Fed projections already anticipate unemployment stabilizing around 4.3% in 2025, but persistent claims increases could signal risks to their "maximum employment" mandate. Rate Cut Probability: The Fed has maintained rates at 4.25–4.50% since May 2025 but emphasized data dependence. Weak labor data strengthens the case for cuts, with markets now pricing in a ~60% chance of a September rate cut (up from ~50% pre-data). The Fed’s March 2025 projections flagged rising unemployment as a risk, with some participants favoring earlier easing if labor conditions deteriorate. Inflation Trade-Off: While unemployment claims rose, wage growth remains elevated . The Fed will weigh labor softness against sticky inflation, A cooling labor market could ease wage pressures, aiding the Fed’s inflation fight and enabling cuts without reigniting price spikes. Market Impact DXY (Dollar Index): Likely to weaken further as rate cut expectations rise. Immediate support at 98.40, with a break targeting 97.00 Equities/Gold: Potential gains as lower rates boost risk assets and non-yielding gold. Bond Yields: 10-year Treasury yields may retreat below 4.40% if markets price in dovish Fed action. What’s Next? June 6 NFP Report: A weak jobs number (<150K) would solidify rate cut bets. June 11 CPI Data: Lower inflation could give the Fed confidence to cut sooner. Fed Decision (July 31): Odds of a cut rise if labor data continues to soften. Conclusion The Fed is likely to prioritize labor market stability over inflation concerns if unemployment claims persist above 240K. While a July cut remains possible, September is the most probable start date for easing, contingent on confirming data.#GOLD
CITYINDEX:XAUUSDLong
by Shavyfxhub
Learn What is TRAILING STOP LOSS | Risk Management Basics In the today's article, we will discuss a trailing stop loss. I will explain to you its concept in simple words and share real market examples. 🛑Trailing stop loss is a risk management tool that allows to protect unrealized profits of an active trading position as long as the price moves in the desired direction. Traditionally, traders trade with fixed stop loss and take profit. Following such an approach, one knows exactly the level where the trade will be closed in a profit and the level where it will be closed in a loss. Take a look at a long trade on USDCAD above. The trade has fixed TP Level - 1.354 and fixed SL Level - 1.341. Once one of these levels is reached, the trade will be closed. Even though the majority of the traders stick to fixed sl and tp, there is one important disadvantage of such an approach – substantial gains could be easily missed . After the market reached TP in USDCAD trade, the price temporarily dropped, then a strong bullish rally initiated and the price went way above the Take Profit level. Potential gains with that long position could be much bigger. Trailing stop solves that issue. With a trailing stop loss, the trader usually opens the trade with Stop Loss and WITHOUT Take Profit. Take a look at a long trade on USDCHF. Trader expects growth, he opens a long position and sets stop loss – 0.8924, while take profit level is not determined. With a trailing stop loss, the trader usually opens the trade with Stop Loss and WITHOUT Take Profit. As the market starts growing, one decides not to close the trade in profit, but modify stop loss – trail it to the level above the entry. As the market keeps rallying, one TRAILS a stop loss in the direction of the market, protecting the unrealized gains. When the market finally starts falling, the price hits stop loss and a trader closes the trade in a substantial profit. The main obstacle with the application of a trailing stop is to keep it at a distance from current price levels that is not too narrow nor too wide. With a wide stop loss distance, substantial unrealized gains might be washed out with the market reversal. Imagine you predicted a nice bullish rally on Bitcoin. The market bounced nicely after you opened a long position. Trailing stop loss too far from current price levels, all the gains could be easily wiped out. While with a narrow trailing stop distance, one can be stop hunted before the move in the desired direction continues. A trader opens a long trade on EURJPY and the price bounces perfectly as predicted. One immediately trails the stop loss. However, the distance between current prices was too narrow and the position was closed after a pullback. And then market went much higher. In conclusion, I want to note that fixed SL & TP approach is not bad , it is different and for some trading strategies it will be more appropriate. However, because of its limitations, occasionally big moves will be missed. Try trailing stop by your own, combine it with your strategy and I hope that you will make a lot of money with that! ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDEducation
by VasilyTrader
1
XAU/USD) Bearish trand analysis Read The ChaptianSMC trading point update Technical analysis for Gold (XAU/USD) on the 4-hour timeframe. Here's a breakdown of the key ideas and strategy behind it: --- Key Elements of the Chart: 1. Descending Channel Pattern: Price is moving within a descending channel (downward sloping resistance and support lines). The red arrows mark previous rejections from the upper boundary of the channel. 2. Supply Zone / Resistance Area: Highlighted in yellow, the price has entered a supply zone (between 3,412.00 and 3,440.42), historically where selling pressure has emerged. The analysis suggests sellers may dominate again in this zone. 3. Price Action Projection: Expected to reject from the supply zone, possibly forming a lower high. Price is projected to break the short-term upward trendline, then fall sharply. 4. Target Points: First target: 3,206.96 – likely aligned with a minor support level or Fibonacci retracement. Second target: 3,085.56 – near the lower boundary of the descending channel. 5. EMA 200 (3,238.55): Price is currently above the 200 EMA, but the projection anticipates a breakdown below it, confirming further bearish sentiment. 6. RSI Indicator: RSI is at 67.56, near overbought territory, suggesting limited upside and a possible correction. --- Trade Idea Summary: Bias: Bearish Entry Zone: Between 3,412 – 3,440 (supply zone) Confirmation: Rejection at the trendline + RSI divergence Targets: TP1: 3,206.96 TP2: 3,085.56 Invalidation: Break and hold above 3,440.42 (channel breakout) Mr SMC Trading point --- Risk Management Note: Ensure stop-loss is placed above the resistance zone (e.g., around 3,450) to mitigate false breakouts. Monitor fundamentals like upcoming US economic data, as they can heavily impact gold. Pales support boost 🚀 analysis follow)
CAPITALCOM:GOLDShort
by SMC-Trading-Point
23
Gold is taking a break, the next wave will be even stronger.Gold opened at 3382 today and rebounded to 3392 for a technical decline adjustment. So far, gold has hit a low of 3351. Currently, gold continues to fluctuate around 3360. We will pay attention to the support situation at 3345-50 below. If it does not break through, we will look for opportunities to go long. Judging from the current trend of gold prices, the overall bullish trend remains, and there is still the possibility of further upward movement in the short term. The support below focuses on the 3345-3350 area, which is an important defensive position for short-term bulls. If it falls back to this area and stabilizes during the day, you can continue to rely on this position to arrange long orders, and the bullish thinking remains unchanged. Pay attention to the 3395-3400 first-line pressure above. If this range is effectively broken, the gold price is expected to hit the previous high and further open up the upward space. From the daily level, the market is still in the "low-long" rhythm of the trend, and it is expected to maintain a volatile upward trend in the short term. The recent market fluctuations are large. In terms of operation, it is necessary to strictly control the position and pay attention to risk prevention. Gold operation strategy recommendation: Go long when gold falls back to 3345-3355, target: 3380-3390.
OANDA:XAUUSDLong
by TP_Daniel5
GOLD Price Analysis: Key Insights for Next Week Trading DecisionGold prices surged last week, ending with a strong 3.9% weekly gain, closing around the $3,365 zone after bouncing back with conviction on Friday. In this video, I break down why gold rallied, what key events influenced price action, and how I’m reading the current chart structure to strategically position for the next move. Here’s what’s driving the gold market right now: 🔸 Moody’s U.S. sovereign downgrade reignited safe-haven demand 🔸 Easing U.S.–China tensions led to mid-week profit-taking 🔸 Friday’s sharp rebound (+1.7% intraday) shows bulls are still in the game 🔸 Upcoming high-impact events could shake things up again 🎯 In this analysis, I walk you through: 🔸My technical blueprint (key zones for buyers & sellers) 🔸My bullish and bearish scenarios based on the structure on the chart 🔔 Don’t forget to like the video in support of my work. Disclaimer: Based on experience and what I see on the charts, this is my take. It’s not financial advice—always do your research and consult a licensed advisor before trading. #GoldAnalysis #XAUUSD #GoldForecast #ForexTrading #TechnicalAnalysis #FedPowell #PCEInflation #FOMCMinutes #GoldPricePrediction #GoldBulls #TradingStrategy #GoldOutlook #USGDP #ForexMentor #PriceActionTrading
PEPPERSTONE:XAUUSD
by darcsherry
14
Learn What Time Frame to Trade. Gold Forex Trading Basics If you just started trading, you are probably wondering how to choose a trading time frame. In the today's post, I will go through the common time frames, and explain when to apply them. 1m; 5m, 15m Time Frames These 4 t.f's are very rapid and are primarily applied by scalpers . If your goal is to catch quick ebbs and flows within a trading session, that is a perfect selection for you. 30m, 1H Time Frame These 2 are perfectly suited for day traders. Executing the analysis and opening the trades on these time frames, you will be able to catch the moves within a trading day. 4h, Daily Time Frames These time frames are relatively slow . They are mostly applied by swing traders, who aim to trade the moves that last from several days to several weeks. Weekly, Monthly Time Frames These time frames reveal long-term historical perspective and are mostly used by investors and position traders. If your goal is to look for buy & hold assets, these time frames will help you to make a reasonable decision. 📝When you are choosing a time frame to trade, consider the following factors : 1️⃣ - Time Availability How much time daily/weekly are you able to sacrifice on trading? Remember a simple rule: lower is the time frame, more time it requires for management. 2️⃣ - Risk Tolerance Smaller time frames usually involve higher risk, while longer-term time frames are considered to be more conservative and stable. 3️⃣ - Your Trading Goals If you are planning to benefit from short term price fluctuations you should concentrate your attention on lower time frames, while investing and long-term capital accumulation suite for higher time frames. Time frame selection is nuanced and a complex topic. However, I believe that these simple rules and factors will help you to correctly choose the one for you. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDEducation
by VasilyTrader
1
Gold's high-level shock pattern continuesAccording to the current 4-hour K-line chart, the market as a whole maintains a high-level oscillation pattern. There is a short-term pressure of correction after the high. It is recommended to sell short at highs, supplemented by short-term long orders. It is recommended to wait for a clear stabilization signal to implement a high-altitude trading strategy. Pay attention to the resistance of 3380-3400 on the top and the support of 3330-3310 on the bottom. In terms of specific operation suggestions, it is recommended to consider establishing short orders when the price rebounds to the two ranges of 3370-3375 and 3400-3405. Gold is recommended to short when it rebounds to around 3370-3375, with a stop loss at 3383. In the short term, it is expected to be around 3350-3330, with a target of 3300. If it breaks, short at around 3400-3405, with a loss of 3413 and the target as above.
OANDA:XAUUSD
by BarryDouglass
GOLD expected to rebound, key trends, jobs data This week, we have the facts that Trump has stirred up the market, Powell has not changed his stance. With the biggest data of the week, the US Non-Farm Payrolls, to be released, the price of OANDA:XAUUSD is expected to rise again after a week of consolidation. Last Week in News After weeks of tariff-easing talks that sent U.S. stocks soaring, Wall Street has once again been caught up in the constant flux surrounding Trump’s trade regime. This week, a U.S. court also questioned the legality of the White House’s tariffs on global trading partners as the Trump administration ramps up its policy plans. Market sentiment took a turn for the worse on Friday following news about tariffs. US media reported that the White House plans to impose broader sanctions on some foreign technology industries. In addition, Trump said that starting next week, tariffs on imported steel will increase from 25% to 50%. In addition to the tariff headlines, traders also had to contend with weakening US economic data. US consumer spending slowed after recording its strongest month of growth since early 2023 in April. Here are the events markets will focus on in the new week • Next week, Federal Reserve Chairman Powell and several members of the board and voting members will speak. • Trump met with Powell for the first time in his second term, and Powell continued to emphasize the independence of monetary policy. The US core PCE inflation rate was 2.1% year-on-year in April, slightly below the expected 2.2%. While that bolsters the case for a rate cut, Fed officials have reiterated their patient stance. Minutes from the May FOMC meeting confirmed that policymakers considered the current economic situation sufficient to delay policy action. Despite the weakening sentiment, traders are still betting on a September rate cut from the Federal Reserve. Key Data: Non-farm data in focus this week The focus of next week’s data will be non-farm payrolls on Friday. The pace of hiring in the US is likely to have slowed in May as households became more cautious, businesses reconsidered investment plans amid shifting trade policies and employers focused on controlling costs. Economists are forecasting a gain of 125,000 in May, according to the median in a Bloomberg survey, after job gains beat expectations in March and April. That would keep the average gain over the past three months at a solid 162,000. The unemployment rate remains at 4.2%. Fed officials are also waiting for clarity on how trade and tax policies will affect the economy and inflation, so they are likely to be cautious about the labor market report. Technical Outlook Analysis OANDA:XAUUSD On the daily chart, gold has been mostly sideways despite the volatility over the past week. The sharpest drop saw gold test the $3,250 support level before recovering to close the week around the confluence of the EMA21 and the 0.382% Fibonacci retracement. On the big picture, gold is still technically bullish with the channel as the main trend, while the near-term supports are the $3,250 level followed by the 0.50% Fibonacci retracement. A sustained move above $3,300 would be viewed as a positive factor going forward. On the momentum front, the Relative Strength Index (RSI) remains above 50, which in this case acts as momentum support and is still well away from overbought territory so there is still room for upside. The weekly target is the 0.236% Fibonacci retracement level in the short term, rather than the raw price point of $3,400. As long as gold remains within the channel, its main technical trend is bullish, and any declines that do not take gold below the channel should be considered short-term corrections rather than a specific trend. Next week, the technical bullish outlook for gold will be focused again on the following positions. Support: $3,250 – $3,228 Resistance: $3,371 SELL XAUUSD PRICE 3337 - 3335⚡️ ↠↠ Stop Loss 3341 →Take Profit 1 3329 ↨ →Take Profit 2 3323 BUY XAUUSD PRICE 3246 - 3248⚡️ ↠↠ Stop Loss 3242 →Take Profit 1 3254 ↨ →Take Profit 2 3260
OANDA:XAUUSDLong
by Xayah_trading
Gold Trading Strategy, June 2-3✅Driven by risk aversion sentiment today, gold continued its strong upward trend, with short-term bullish momentum clearly dominating. However, the current price has risen sharply, and the risk of chasing high is relatively high. Even if you go long with the trend, you should wait for the opportunity to intervene at a low level after the correction. At the same time, you need to be vigilant about technical adjustments after a strong rise. ✅From the market point of view, after breaking through the trend line suppression, the 3340 position of gold has turned from resistance to support, which has a strong reference value. The two key resistance levels of 3379 and 3398 need to be paid attention to on the upside. If it can break through 3380, it means that the upward space is further opened up, and there may be an accelerated upward trend. ✅In terms of short-term operations, it is recommended to try light short positions during the European session, pay attention to the situation of falling back to the first-line support of 3339, and if it stabilizes, you can go long and continue to be bullish. If gold breaks through the 3380 resistance with a strong force, you can wait for the retracement and follow up with long orders. 🔴Resistance level : 3380-3398 🟢Support level : 3330-3340 🔖In the ever-changing gold trading market, many traders often feel overwhelmed and unsure of what to do next after the price breaks through key resistance and support levels. I am here to provide you with real-time guidance services to help you grasp every important market trend, whether it is to deal with trend breakthroughs or adjust trading strategies. I will accompany you at every critical moment, provide professional advice and support, and make your trading more secure.
OANDA:XAUUSD
by GoldTradingMasterMentor
The latest gold trend analysis strategy on June 6: Analysis of key factors Risk aversion subsides: The call between the Chinese and US heads of state released a signal of trade easing, weakening the demand for gold as a safe haven, causing the gold price to rise and then fall (3403→3335). Fed policy expectations: Inflationary pressure may prompt the Fed to maintain high interest rates, suppressing the upside of gold, but economic uncertainty still provides support. Technical shock pattern: The daily line alternates between positive and negative, showing a tug-of-war between bulls and bears. 3405-3300 becomes the short-term key range. Technical analysis Daily level: Form: On Thursday, it rose and fell back to close in the negative, falling below the 5-day moving average, but the slight increase during the day showed buying support. Key position: 3405 above (previous high/resistance), 3330-3300 below (support area). Trend: Maintain range shocks, need to break through 3405 or break below 3300 to choose the direction. 4-hour level: Interval convergence: 3385-3335 is the main fluctuation range of the Asian and European sessions, and short-term trading can be high-short and low-long. Long-short watershed: 3385 breaks through and tests 3405, and 3335 breaks down and looks at 3300. Trading strategy Asian and European sessions (short-term): Long strategy: light long positions in the 3350-3342 area, stop loss below 3335, target 3370-3385. Short strategy: short short near the rebound of 3385, stop loss above 3400, target 3350-3335. US session/trend (breakthrough confirmation required): Break above 3385: follow up long orders, target 3405, and hold cautiously after the breakthrough. Break below 3335: follow the trend and go short, target 3310-3300, pay attention to take profit at low level. Risk Warning Impact of non-agricultural data: If the data deviates greatly from expectations, it may cause violent fluctuations, but the probability of a high rise and fall is expected to be high. News tracking: Pay attention to the progress of Sino-US trade and the speeches of Federal Reserve officials. Any unexpected news may break the shock pattern. Operational suggestions: Sell high and buy low in the current range, strictly stop loss, and avoid chasing ups and downs. Conservative investors should wait for the area around 3300 to arrange medium- to long-term long positions, or follow up after an effective breakthrough of 3405.
FOREXCOM:XAUUSD
by Golden_Line_FX
Gold Consolidation Formed as Strong moveGold is currently supported by the weakness in the US Dollar, driven by rising trade tensions. The U.S. tariffs on steel and aluminium are coming into effect today, and President Trump's ultimatum to trade partners is set to expire, increasing uncertainty in global markets. From a technical perspective, there is a possibility of a false breakout near the 3366 level. If this level fails to hold, gold may test the 3370 liquidity zone, where significant buy-side interest could emerge. Resistance zone 3400 / 3420 Support Levels 3365 / 3350 you can find more details in the chart Ps Support with like and comments for more better analysis Thanks Traders.
OANDA:XAUUSDLong
by MrMartin_11
GOLD A Fall Expected! SELL! My dear friends, Please, find my technical outlook for GOLD below: The instrument tests an important psychological level 3392.95 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 3378.37 Recommended Stop Loss - 3403.2 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
TRADENATION:XAUUSDShort
by AnabelSignals
1
Continue to short gold after the reboundTechnical analysis: Gold rebounded after hitting 3333 overnight. So far, it has reached 3361. However, it can be clearly seen from the rebound process that the rebound is not strong, so I think the rebound space may not be too high. In the short term, it faces resistance in the 3365-3375 area. The strong resistance above the 3390-3400 area still exists, so it may be difficult for bulls to make a major breakthrough in the short term; and the support area below in the short term is in the 3340-3330 area, and the important support is in the area around 3320; Trading strategy: Consider shorting gold in the 3365-3375 area, TP: 3350-3340
OANDA:XAUUSDShort
by Steffen_Schade
GOLD Will Grow! Long! Here is our detailed technical review for GOLD. Time Frame: 45m Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 3,357.59. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 3,378.12 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
TRADENATION:XAUUSDLong
by SignalProvider
1
Phenomenal session yesterdayAs discussed throughout my yesterday's session commentary: "My position: Current sequence is suitable for Scalping only and Scalpers are getting the most returns out of current Price-action. I am Buying every Low's aggressively since Monday's session and will continue to do so as long as #3,327.80 - #3,335.80 Support zone holds." I have Bought (Scalp) firstly #3,345.80 entry point (many more Scalp orders below on #3,343.80 as well) and closed all on #3,356.80 with excellent Profit. I have Sold #3,373.80 and layered it with #3,382.80 entry point / ultimately closing all orders on #3,368.80 last night / Asian session. Was indeed phenomenal session. Technical analysis: Gold has made an important Bullish step towards full scale Hourly 4 chart’s reversal as it almost recovered the #3,384.80 pressure point. That makes Hourly 4 chart practically Bullish but leaning on the Neutral side since hard Resistance zone is above / however well Supported within #3,370’s belt, which has held on multiple occasions so far. As mentioned throughout my remarks, Hourly 4 chart is still Bullish as said, but invalidated Descending Channel has expanded giving me Buying signs that Gold may test #3,400.80 psychological benchmark on current Fundamental mix and remember my notes regarding #3,377.80 Resistance (now Support line) importance (I mentioned that if #3,377.80 gets invalidated, Gold can kick-start aggressive upswing towards #3,382.80 first, posing as an strong Resistance then #3,392.80 and #3,400.80 benchmark ahead). Gold was mainly correlated with DX during first #5 Months of the Year (January-May) as there was no shift and probability that June will also be DX Month is #91.99% since Bond Yields were on downtrend, taking strong hammering and broke all Support zones, and Gold was also on Short-term decline which confirms my Gold - DX correlation so look for pointers there. Remember, when you are unsure of the Medium-term direction on Gold always look for clues on DX and Trade accordingly. My position: As mentioned throughout yesterday's session, I give more probabilities to the upside and will continue with my aggressive Scalping orders / Buying every dip on Gold. #3,377.80, #3,362.80 and #3,352.80 benchmark are valid Support lines. #3,392.80 keeps Gold from testing #3,400.80 benchmark. Trade accordingly.
OANDA:XAUUSDLong
by goldenBear88
GOLD GOLD ..first layer support will 3322 100pips drop from yesterday low. another demand floor will be on the ascending trend line 3310-3313. economic data print 1:15pm USD ADP Non-Farm Employment Change forecast 111K 3:00pm USD ISM Services PMI this most important data print will be the ADP non farm employment change The forecast for the US ADP Non-Farm Employment Change for May 2025 is approximately 111,000 The ADP report measures private sector employment growth and is released about two days before the official government Non-Farm Payrolls (NFP) data. It serves as an early indicator of labor market trends and consumer spending potential. April’s ADP employment growth was soft at 62,000, reflecting caution amid trade tensions and economic uncertainty. The May forecast of 111,000 jobs suggests a moderate rebound in private sector hiring. Summary: May 2025 ADP Non-Farm Employment Change Forecast: ~111,000 jobs April 2025 Actual: 62,000 jobs Significance: Indicates expected improvement in US private sector job creation ahead of the official NFP report. why is ADP Non farm employment change important ??? The ADP Non-Farm Employment Change is considered a leading economic indicator because it provides an early and timely estimate of changes in private sector employment in the United States, typically released two days before the official government Non-Farm Payrolls (NFP) report. This early insight helps investors, policymakers, and traders gauge the health and direction of the US labor market before the more comprehensive official data is published. Reasons why ADP Non-Farm Employment Change is a Leading Indicator: Early Preview of Labor Market Trends: It offers a preliminary snapshot of private sector job creation based on payroll data from around 400,000 US businesses, covering about 20% of the private workforce. This makes it a timely gauge of employment trends ahead of the official NFP report. Market Impact and Sentiment: Because it signals the strength or weakness of the job market, the ADP report influences market expectations for economic growth and Federal Reserve monetary policy. Strong ADP job growth tends to boost confidence in the economy and can lead to currency appreciation, especially of the US dollar. Influence on Monetary Policy: The Federal Reserve closely monitors employment data to guide interest rate decisions. The ADP report’s early indication of employment trends helps anticipate Fed actions, affecting bond yields, currency markets, and broader financial conditions. Correlation with Official NFP: While not perfectly aligned due to methodological differences, the ADP report often correlates with the official NFP figures, making it a useful forecast tool for traders and analysts. Summary The ADP Non-Farm Employment Change is a leading economic indicator because it provides an early, data-driven estimate of private sector employment changes, helping markets anticipate the official NFP report and influencing financial market expectations and policy decisions. #gold
FUSIONMARKETS:XAUUSDLong
by Shavyfxhub
1
GOLD Price want to Grow the TopGold prices are currently facing Support around the 3365 level, with a potential correction expected before any further upward movement. While the long-term trend appears bullish, the fundamental backdrop remains mixed, creating uncertainty in market sentiment. A major focus is the ongoing geopolitical tension between Russia and Ukraine, particularly following the recent escalation over the weekend. This development has increased safe-haven demand for gold, but market participants remain cautious due to conflicting economic signals and central bank policies. You may find more details in the chart Ps Support with like and comments for more analysis
PYTH:XAUUSDLong
by MrMartin_11
Gold delivering excellent returnsTechnical analysis: As expected yesterday’s session local Higher High’s rejection pushed Gold aggressively towards my take Profit of #3,381.80 to form #1-session Low’s. Traders witnessed Technically driven slide after Fundamentally driven uptrend which I always look to utilize as Shorting is excellent way to make Profits on Gold (mostly Technically on the way down lately from Fundamental upside spikes) since there is lot’s more Technical pointers and traffic in Selling than Buying, as said Bull leaps are usually Fundamentally driven on Gold. Hourly 4 chart is approaching #7-session old Neutral Rectangle however Hourly 4 chart may shake off the last of it’s Neutral values and align with semi-Bullish Fundamental perspective which is approaching #3,400.80 benchmark and local Low's rejection may deliver Buying signal. DX rebounded strongly off it’s local Low’s and is now in the process of seeking the Resistance. (#1W) Weekly chart’s candle is near a (# +1.91%) close, effectively limiting the losses / however on the other side, Buying pressure is not so strong as it was past few Months and that’s why you witness such Low Volume movements and aggressive Bearish reversals. Monthly candle is now at (# -0.59%) and the goal is to rise further by closing, extending the Bullish continuity. That is why Traders should observe their gains / losses on a Monthly basis, as despite the Volatility on smaller timeframes as this one, the Medium / Long-term patterns always prevail. My position: I have Sold Gold throughout yesterday's session from #3,395.80 towards #3,382.80 Support after #3,400.80 benchmark rejected the Price-action and that order delivered biggest Profit on single position in my entire Trading career if I may say (#124.000 Eur). I have re-Bought Gold twice on #3,342.80 and #3,346.80 and closed both orders on #3,354.80 which was excellent way to finish a session. Keep in mind that NFP is ahead on the calendar and keep in mind that I do expect upside surprise which may fuel more Selling action on Gold. However if NFP delivers downside surprise, I am confident that #3,400.80 benchmark will be tested on news aftermath.
OANDA:XAUUSDLong
by goldenBear88