Today's gold price focus range: 3220-3260Today's gold price focus range: 3220-3260
(1) Operation suggestion: short gold near 3260-3265, stop loss 3275, focus on targets: 3222, 3211! If weak, short directly at 3255-3257!
(2) Operation suggestion: long gold near 3320-30, stop loss 3210, focus on targets: 3245, 3260!
As shown in Figure 4h:
As long as the gold price is below 3260, try to regard it as a high altitude.
Currently, the gold price is in a resonance decline in the three markets.
The Asian market is closed, the sell-off is large, the US market is weak and volatile, and the European market continues to fall.
Current support level: 3220
The rebound of gold prices near 3220 is also a normal fluctuation.
Then the 3220-3260 range is the price fluctuation range that we need to focus on today.
Once the negative news is realized, gold prices may rebound sharply on Friday.
But be alert that gold prices continue to break through 3220 on Thursday, and the downside target will fall back to around 3160-3180.
The most stable strategy is to short gold around 3250-3260.
Given the extensive and important news this week.
Be sure to set a stop loss.
GOLD trade ideas
#BEARISH MOVE EXPECTEDIn this analysis we're focusing on 1H time frame for gold. In this analyze we are using downward trendline along with the combination of price action. When price enter in our supply area, so our first step is to observe how price will react and if price give any bearish confirmation then we'll execute our trade. Confirmation is very important.
Always use stoploss for your trade.
Always use proper money management and proper R:R ratio.
This is my analysis not a financial advice.
#XAUUSD 1H Technical Analysis Expected Move.
Gold Short: Walkthrough of Wave Counts and H&SThis is the video walkthrough of the Elliott Wave Analysis of Gold that I posted 8 hours earlier. I made an update to the head-and-shoulders in this video and discusses the change in neckline. I also discuss about why I chose to label the waves as they are and how they might have been labelled otherwise. In the end, this is still a short call but with the H&S tilt shifted down.
I realised that I missed out on how to do the profit target, but please refer to the linked static idea for the profit target and stop loss. Thank you!
There's still a little more left to sip from gold’s cup
Weekly Outlook on Gold (XAUUSD)
Gold has formed a classic cup pattern on the weekly timeframe, indicating a strong bullish continuation setup. If the pattern completes successfully, we could see a move toward the top of the channel, targeting the 4039 – 4100 zone.
The recent pullback to 3208 was a retest of the previously broken daily structure, acting as a healthy correction before the next potential leg up.
For those looking to enter this move, an ideal strategy would be to place a buy stop order above the last high, as a breakout confirmation.
⚠️ Important note: If the black trendline on the daily chart (which represents the current bullish structure) gets broken to the downside, the trade setup would become invalid and a reassessment would be required.
✅ The best approach is to wait for a clean breakout above the 3495 resistance, then look for a pullback entry on lower timeframes with proper risk management.
📉 In the longer term, we still expect a potential retracement all the way back to the 2199.661 level — so be aware of the bigger picture and adapt as the structure evolves.
The most important golden strategy📌Fundamentals:
Focus on the Federal Reserve's interest rate decision
📊Technological aspects:
From the golden hour chart, the Asian market is in line with a wave of continued gains and the subsequent adjustment to the 10 moving average of 3350 has stabilized. The European market has slowly moved higher and is approaching the Asian market high. This pattern is still very strong, and there is a high probability of a second rise tonight; The 10 EMA is above 3370 as the primary support and continues to be bullish. As each line closes, the moving support will slowly move up. As long as it does not effectively break, the short squeeze will continue. A breakthrough of 3410 will also happen at any time. If it breaks through, it will be easy to continue to storm above 3420. If it rushes higher and falls back in the evening and falls below the 10 EMA, then If it adjusts to the middle track for the first time, there will still be good support, just continue to be bullish; comprehensively speaking, today's short-term gold operation ideas suggest that the callback is mainly long, and the rebound is supplementary.
🎯 Practical Strategy:
Short strategy: short gold when it rebounds around 3425-3430, target around 3400-3380.
Long strategy: long gold when it pulls back around 3365-3370, target around 3400-3420.
GOLD Will Go Up! Long!
Take a look at our analysis for GOLD.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 3,388.78.
Taking into consideration the structure & trend analysis, I believe that the market will reach 3,436.70 level soon.
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!
GOLD 1H CHART PATTERNThe chart shows a bullish breakout from a descending trendline after forming a triple bottom support around the 3,250 level on the 1-hour timeframe. The breakout is supported by strong bullish momentum and structure shift, with price making higher highs and higher lows. A successful retest of the broken trendline confirms the reversal. The setup suggests a continuation to the upside with good risk-to-reward potential. Entry is near 3,370, and the stop-loss is placed just below 3,350 to manage risk. This indicates strong buying interest and a potential move toward the next key resistance levels.
Entry : 3375
Target Zone: 3,500
XAUUSD NEXT MOVE Over-Reliance on Double Top Projection
• The chart assumes a price move straight up to form a “double top” around 3,540–3,550 without acknowledging possible market hesitation or intervening resistance zones.
• A double top pattern requires a confirmation of rejection at the same level; assuming it prematurely can be misleading.
2. Support Zone Might Not Be Strong Enough
• The “Strong Support and Bullish Area” is drawn around 3,200–3,230, but the bounce shown in the chart is still not well-established. A break below this would invalidate the bullish thesis.
• There is no confirmation of higher lows, which is critical for a trend reversal.
3. Overlooked Bearish Pressure
• The previous high (around 3,540) led to a sharp selloff, indicating strong supply. This area could be a distribution zone rather than just resistance.
• Market sentiment might still be bearish unless a higher high is confirmed.
4. Resistance Area Is Vague
• The “Resistance” zone between 3,340–3,360 is too narrow and lacks confluence with indicators like moving averages or volume spikes.
• A pullback from this zone is plausible, and it should be treated as a decision area, not just a step before price rallies.
5. Economic Events Are Ignored
• There is an icon showing a U.S. economic event, but the chart doesn’t factor in fundamental catalysts, which could disrupt technical patterns significantly.
XAUUSDHi ,
The market has consistently been rising as indicated in my yesterdays Analysis , The formation of series of HIGHER HIGHS $ HIGHER LOWS from 2nd May - 5Th May. This supports yesterdays idea on testing $3372 and infact went further up to $3380
If the fast EMA (8) is above the SLOW EMA (21) it then further supports the BULLISH COURSE.
If the RSI is hovering above 70 , this indicates the asset been OVERBROUGHT signaling a potential PULLBACK.
The PRICE consolidated before breaking out UPWARD , which indicates a CONTINUATION OF THE BULLISH TREND.
The current WAVES exhibits smooth pullbacks without DEEP CORRECTIONS , signaling STRONG BUYING PRESSURE.
The sudden SURGE in PRICE indicate INCREASING BULLISH MOMENTUM or a possible EXHAUSTION.
OVERALL we should hit $3372-85 and if the price breaks the zone and moves a little further it will signal further BUYS. If the PRICE breaks $3252 going down that should be your FALL CONFIRMATION.
Meanwhile i have a few buy positions active and waiting for further confirmation.
Swing Trading/XAUUSDband trading strategy points out. XAUUSD can be bought on the left side, TP3330-3350.
Aggressive traders can buy at the current price. Conservative traders can wait until the price retreats to around 3300 or below before buying.
The Swing Trading Strategy Center continues to announce trading opportunities. Stay tuned.
Gold Pullback Incoming!Gold has struggled to break through its daily highs for the past week. I am looking for another push up to the $3360-$3370 range. If it fails to break that level again, we may see support levels around $3200 being retested. In my opinion, there is even potential for it to go lower. I'd love to hear your thoughts in the comments!
*Side note:* With the U.S. dollar falling in value and ongoing economic uncertainty, I believe gold has tremendous upside potential over the next 12-18 months. FX:XAUUSD
XAUUSD:Sharing of the Latest Trading StrategyToday, all the trading signals finally yielded profits! Check it!👉👉👉
Today, gold has strongly rallied, breaking through the range-bound trading pattern. It climbed to as high as the level of 3,328 at its peak. However, there has been basically no retracement in the price of gold. Thus, it is highly probable that the safe-haven sentiment will be directly released, after which gold will commence its adjustment. Therefore, it is not appropriate to chase the upward trend at this position. Instead, it is advisable to patiently wait for the opportunity of a pullback from the high level. When there is a rebound to a high position, directly go short on gold!
Trading Strategy:
sell@3330-3320
TP:3300-3280
The signals in the Signature have brought about continuous profits, and accurate signals are shared every day. Hurry up and click to get them!
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Gold price suddenly accelerates, approaching the 3,300 USD/ounceAfter two consecutive weeks of decline, the world gold price is showing strong signs of recovery when it skyrocketed to 3,266 USD/ounce - an increase of 25 USD in just one session. Although still quite far from the peak of 3,500 USD/ounce, the increase this morning shows that investor sentiment has begun to change direction.
The increase occurred at the beginning of the session despite previous negative forecasts, reflecting the sensitivity of gold to geopolitical and economic information such as US-China trade negotiations or the strength of the USD. The daily chart shows that gold has bounced strongly from the EMA34 support zone and returned to the resistance zone around 3,320–3,340 USD, opening up an opportunity to retest the 3,400 USD mark if the current increase is maintained.
Gold bull-bear game intensifies
Weekly analysis of the gold market: bull-bear game intensifies, pay attention to the Fed's decision and trade situation
Market Overview
In the early Asian session on Monday (May 5), spot gold rose slightly by 0.2%, trading around $3246.44/ounce. Although retail investors are optimistic about gold prices, most Wall Street institutions are bearish on gold trends this week. The market focus has shifted to the Fed's interest rate decision this week and the progress of the international trade situation. These two factors are expected to dominate the short-term gold market.
Significant divergence between bulls and bears
Institutions are mainly bearish
Kitco survey shows that 50% of 18 analysts are bearish, only 28% are bullish, and 22% expect sideways trading.
Technical indicators show that gold is trending downward in the short term. If the US dollar rebounds due to the Fed's decision, it may further suppress gold prices.
Some analysts believe that the 7% adjustment of gold from its recent high is insufficient and there is still room for decline.
Retail investors are bullish
In Kitco's online voting, 52% of retail investors are bullish, 29% are bearish, and 19% expect consolidation.
Some believe that the current correction is excessive, and gold prices may rebound if US economic data is weak or the Fed sends a dovish signal.
Analysis of key influencing factors
Federal Reserve interest rate decision (May 7)
The market generally expects the Fed to keep interest rates unchanged, but Powell's press conference may trigger volatility.
If the Fed's statement is hawkish, a stronger dollar may suppress gold; if economic risks are mentioned, it may boost safe-haven demand.
International trade situation
The easing of trade tensions may weaken gold's safe-haven appeal, and vice versa, it may drive gold prices up.
Be wary of the market's "knee-jerk reaction" to related news, and gold volatility may increase.
Technical key positions
Support level: $3,200 (psychological barrier), if it falls below, it may fall to the $3,150-3,000 range.
Resistance level: $3,315, only after breaking through can the downward pressure be relieved.
Summary of institutional views
Bearish view:
The adjustment of gold has not yet ended. If the trade optimism continues, the gold price may test $3,000.
The rebound of the US dollar and the rise in US bond yields may further pressure gold.
Bullish view:
The current sell-off may be a short-term phenomenon, and economic and political uncertainties still support the long-term demand for gold.
If the gold price is oversold, it may attract bargain hunting.
Neutral view:
It is expected that gold will maintain a wide range of fluctuations, and the fluctuation range is large. Investors are advised to operate with caution.
Operational suggestions
Short-term traders: Pay attention to the breakthrough of the $3,200-3,315 range and follow the trend.
Medium- and long-term investors: If the gold price falls back to the $3,000-3,150 range, consider arranging long orders in batches.
Hedging strategy: Use inverse ETFs (such as GLL and ZSL) to hedge short-term volatility risks.
Summary
The gold market is currently in a stage of long-short tug-of-war. The Fed's decision and trade trends will become the key drivers of the short-term market. The technical side is bearish, but if risk aversion rekindles or the Fed releases a dovish signal, gold prices may still rebound. Investors need to pay close attention to market dynamics and adjust their strategies flexibly.
Gold Daily Outlook - XAUUSD May 4thXAUUSD Daily Outlook – May 5, 2025
Structure doesn’t lie. Gold is cooling off – but the real game might just be starting.
📊 Trend & Structure:
HTF Bias: Bullish (intact), but showing signs of exhaustion.
Daily Market Flow: Strong rejection from 3500 ATH → bearish correction underway.
Latest Daily Candle: Bearish with large upper wick – confirms aggressive selling after liquidity grab.
🔹 Key Daily Levels:
🔻 Premium Rejection Zone
Zone: 3475–3500
Confluence: Previous ATH + liquidity sweep + FVG + overextension
Note: Reversal confirmed. Sellers aggressively stepped in.
🔻 Active Imbalance Zone
Zone: 3375–3400
Context: Unmitigated bearish FVG formed after ATH rejection
What to expect: Intraday bounces possible, but mostly mitigation unless reclaimed.
🔹 Current Reaction Zone
Zone: 3220–3255
Structure: Micro CHoCH + fresh demand reaction + FVG fill
Note: Bulls defending here. Breakdown = lower retracement likely.
🔻 Key Mid-Term Support
Zone: 3050–3080
Reason: Daily demand + OB + prior BOS
Expectation: Strongest support if price breaks 3200 – ideal HTF reentry.
🔢 Fibonacci Extension Targets (if 3500 breaks)
Using impulse leg 2970 → 3500 with retrace to 3204.50:
Extension Level
Target Price
Commentary
1.0
3500
ATH (already hit)
1.12
3558
First extension zone, minor reaction possible
1.272
3610
Institutional TP1 zone
1.414
3660
Premium FVG / liquidity target
1.618
3730
Strong continuation target, reversal zone
1.786
3785
Final blow-off area, low probability without macro push
📊 Summary:
Gold reached a major milestone at 3500, swept liquidity, and is now in correction mode. As long as 3220–3255 holds, bulls may stage a short-term defense. However, failure to hold opens the door to 3050–3080, the next major structure zone.
Above 3500, use extension zones to track sentiment traps and profit-taking waves.
🧠 Final Thought:
From greed at 3500 to fear at 3200 — markets reset sentiment before the next move. Smart money isn’t emotional. Stay with structure, not ego.
🙏 Like this breakdown? Boost and follow us for sniper setups all week.
📌 Important Notice!!!
The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your plan and wait for confirmation before taking action.
#XAUUSD #GoldOutlook #SMC #LiquidityHunt #SmartMoneyFlow
Summary of the Gold Market This WeekThis week, the gold market showed a clear downward trend, with spot gold accumulating a 2.43% decline.👉👉👉
The economic data had a significant impact on the gold market this week. Data released by the US Department of Labor on the 2nd showed that the non - farm payroll employment in the US increased by 177,000 in April, much better than the expected 138,000, and the growth data for the previous two months were revised downwards. The US unemployment rate was 4.2% in April, in line with market expectations. The strong non - farm payroll data reduced the possibility of the Federal Reserve cutting interest rates in June. Under normal circumstances, the reduction in the interest rate hike expectation should be bullish for gold. However, the gold market did not rise sharply this time, mainly because the gold price had risen significantly in the early stage and the long - term investors had a strong sentiment of taking profits. At the same time, the relatively good employment data also reflected the resilience of the US economy to a certain extent, weakening the appeal of gold as a safe - haven asset. As a result, the gold price did not show an obvious upward trend immediately after the data was released. Instead, it remained volatile in the short term.
From a technical perspective, although the gold price has declined this week, the futures price still has certain technical advantages in the near term. On the daily chart, although a negative candlestick was recorded this week, the previous upward trend has made the moving average system still show a long - term arrangement. From the perspective of the RSI, the current value is hovering around 50, indicating that the market's long and short forces are temporarily relatively balanced, and neither side has an obvious advantage. Therefore, the gold price has entered a consolidation stage.
With the economic development in Asia and the changes in consumers' demand for gold investment and jewelry, Asia's influence in the global gold market has become increasingly prominent. If the demand in Asia remains strong in the future, it will provide strong support for the gold price. On the contrary, if the demand weakens, it may increase the downward pressure on the gold price.
Looking ahead to next week, the gold market still faces many uncertainties. On the one hand, the continuous changes in economic data and the direction of the Federal Reserve's monetary policy remain key factors. If the subsequently released data continue to show the resilience of the US economy, it may further reduce the market's expectation of a rate cut by the Federal Reserve, thereby suppressing the gold price. On the other hand, any new development in the international trade situation may trigger fluctuations in the market's risk - averse sentiment, thus affecting the supply - demand relationship and price trend of gold.
Gold is in the bullish direction after correcting the supportHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Gold XAUUSD Possible Move 01-02 May 2025📉 Gold Technical Outlook
Gold has decisively broken a key support zone between $3,268–$3,274, now trading near the $3,210-20 level. This move comes amid a clear downtrend structure, with price action respecting a well-defined descending trendline.
🔍 Current Technical Context:
Trend: Bearish
Support Turned Resistance: $3,268–$3,274
Immediate Support: $3,210–$3,220
Resistance: Trendline and previous support zone near $3,270
A retest of the broken support zone could offer a high-risk, high-reward shorting opportunity, especially if price fails to reclaim it. However, a clean break below the $3,210–$3,220 support could trigger another aggressive selloff, with downside targets potentially extending below $3,160.
📊 Key Drivers (Geopolitical/Fundamentals)
US Dollar Strength: The USD remains firm despite mixed economic data, applying pressure on gold prices.
Geopolitical Easing: Reduced US-China tensions are weighing on safe-haven flows, as US approaches China for talks on tariffs.
Russia-Ukarine: Russia declaring cease-fire for a week.
Technical Pullback: Gold is correcting after a strong rejection from the $3,500 zone.
Profit-Taking: Recent rejection led to bearish closes as traders locked in gains.
Liquidity Considerations: With May 1 being a public holiday in many regions, lower liquidity could amplify volatility.
Event Risk Ahead: Caution prevails ahead of key macro events including Non-Farm Payrolls (NFP) and the FOMC statement.
📝 Strategy Notes:
Sell-on-Rally Zone: $3,268–$3,274 (if price retests and rejects)
Bearish Continuation Trigger: Break and close below $3,210
Invalidation for Bears: Sustained reclaim of $3,274 and a break above the trendline
Stay nimble and monitor for reactions around the highlighted zones as event-driven volatility can cause swift moves.
May 2, 2025 - XAUUSD GOLD Analysis and Potential OpportunitySummary:
Intraday sentiment remains bearish. The main strategy is to short on resistance retests.
If you're planning to go long, only do so at clear key levels with favorable risk-reward setups.
Protect capital: use Stop Losses, respect your trade plan, and cut quickly if it invalidates.
Key Levels to Watch:
3260: Resistance
3250: Midpoint / psychological resistance
3245: Key intraday resistance
3233: Support
3210–3220: Volume cluster support
3200–3202: Intraday support zone
3187–3193: Final bullish defense zone
3175: Support
Short-Term (15m) Trading Strategy:
For Shorts:
Enter a SELL if the price breaks below 3232.
→ Watch 3230, then 3227, 3221, and 3214 as potential targets.
For Longs:
Enter a BUY if the price holds above 3235.
→ Watch 3240 first, then 3242, 3250, and 3260 for extension targets.
👉 If my insights have been helpful to you, or if you traded based on my ideas, please consider giving a like — it’s a great encouragement for me! Thanks for your support!
Disclaimer: This is my personal opinion and not financial advice. Please manage your risk accordingly.
Daily breakout wait for confirmation Straight forward setup. We’re looking to enter only after seeing confirmation.
Sop
1)mark the zone
2)wait for price to come into zone
3)wait for confirmation
4)entry
Here we see daily rally base rally. And fibo 50%. Price is already in the zone. We wait for a m30 double breakout as a confirmation. Once it has formed up, we can place a buy limit or we can enter in the confirmation zone.