GOLD trade ideas
buy position goldIn the Forex market, gold is a form of currency. The internationally accepted code for gold is XAU which is a symbol used under the ISO 4217 currency standard to denote one troy ounce of gold. It is known to be a “safe-haven” asset, expected to increase its value in times of volatility and economic uncertainty.
XAUUSD - Will the trendline HOLD? Gold has reached a critical juncture as prices have sharply retreated to test the major uptrend line that's been in place since late January. Currently trading at $3,038.98, the precious metal has experienced a significant pullback from its recent all-time highs above $3,160. This trendline has supported gold's impressive rally for months, making this test particularly important for determining the near-term direction. If buyers step in at these levels, we could see a bounce and continuation of the broader uptrend; however, a decisive break below this trendline could trigger a more substantial correction, potentially targeting previous support zones around $2,950-$3,000. The sharp nature of the recent decline suggests increased selling pressure, making the next few trading sessions crucial for determining whether this is merely a dip in an ongoing bull market or the beginning of a deeper retracement.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
XAU/USD: 5th Wave Rally After CorrectionOn the 1-hour timeframe, XAU/USD has formed an Elliott Wave corrective structure. This is an expanded flat correction, typically seen in the 4th wave. The correction seems to have been completed at 3,054, suggesting that the 5th wave may be in progress.
For bullish traders, a potential long position can be considered around the 0.236 retracement level as a pullback entry point.
The 5th wave has the potential to reach the following upside targets: 3,110, 3,145, 3,165
However, this bullish outlook remains valid only if the low of Wave IV holds. A breakdown below this level would invalidate the bullish scenario.
Introduction to the Gold Spot (XAU/USD) Chart
This TradingView chart offers an in-depth look at the current dynamics of Gold Spot (XAU/USD) on a 30-minute timeframe, making it a powerful tool for traders seeking to navigate the gold market with precision. At its core, the chart is not just a depiction of raw numbers—it’s a visual narrative of price movement, market sentiment, and technical signals that together guide sound trading decisions.
Prominently featured are the key price levels, with the chart marking a sell order at 3,145.71 and a buy order at 3,146.65. These numbers serve as immediate reference points for traders looking for entry or exit signals. Beyond these basic levels, the chart is enriched with annotations such as “BOS – BUY,” which indicates a Break of Structure suggestive of bullish momentum, and “CHOCH – SELL,” highlighting shifts in market behavior that may signal selling pressure. Additionally, a clearly defined “Key Buy Zone” emphasizes an area where traders might consider initiating long positions.
The visual layout further segregates critical price zones: a purple resistance area around 3,183.80 suggests where the price might encounter significant selling pressure, while a green support zone near 3,110.00 signals potential buying interest. Alongside these, the integration of the Relative Strength Index (RSI)—with readings such as 51.57 and 68.37—provides deeper insight into market momentum and potential overbought or oversold conditions. This blend of support/resistance levels and momentum indicators allows traders to anticipate price reversals or continuations with greater clarity.
Finally, the presence of various TradingView tools along the chart’s sidebar underlines the platform’s versatility. These interactive elements empower users to perform real-time technical analysis, from drawing trend lines to adjusting timeframes, ensuring that every aspect of market movement is captured and analyzed meticulously.
In summary, this chart encapsulates the multi-faceted approach required for trading gold effectively. It combines precise numerical data with strategic technical annotations, making it an invaluable resource for anyone looking to master the intricacies of gold trading.
For further exploration, you might consider deepening your understanding of how Break of Structure (BOS) and Change of Character (CHOCH) indicators can inform advanced strategy adjustments. Additionally, integrating other tools like Fibonacci Retracement or volume analysis alongside RSI readings could provide even more nuanced insights into the market’s behavior.
Gold will dump to 2500 - 2100, tariffs newsGold will dump to $2000 - below $2000, the root cause of the tariffs news, I recommend selling better than buying
Very wide and strong price range-watch technical zones for profi🔔🔔🔔 Gold news:
➡️ Gold prices opened the week with a sharp decline, hitting a one-month low below the $3,000 mark. However, buyers quickly stepped in, driven by the narrative that rising risks of a U.S. economic recession—fueled by Trump’s tariff war—pose a greater concern than inflation. This has increased expectations that the Federal Reserve will implement aggressive rate cuts this year.
➡️ Still, it remains to be seen whether gold can sustain its modest rebound, especially after Friday’s broad-based selloff, which forced traders to cover losses and meet margin calls by cashing out their gold positions.
Personal opinion:
➡️ The sellers are still dominant in the short term, and the bottom of this correction has not yet been determined. Gold prices fluctuate too quickly and strongly, so limit many orders because of high SL risk. Watch for technical zones to make profits and wait for further confirmation of the market trend.
➡️ Analysis based on important support - resistance zones and Fibonacci combined with trends and EMA to come up with a suitable strategy
Resistance zone: 3056 - 3076
Support zone: 3077 -3040
Plan:
🔆Price Zone Setup:
👉Buy Gold 3077 -3079
❌SL: 3070 | ✅TP: 3085 – 3090 – 3095
👉Buy Gold 3040 -3042
❌SL: 3033 | ✅TP: 3050 – 3060 – 3070
👉Sell Gold 3056 -3058 (Scalping)
❌SL: 3062 | ✅TP: 3050 – 3043 – 3030
👉Sell Gold 3076 -3078
❌SL: 3083 | ✅TP: 3070 – 3060 – 3050
FM wishes you a successful trading day 💰💰💰
gold trade ideaAs trump tariffs has been priced in, we saw whales exiting of the liquidity but on ny session saw the liquidity upside again because of the ism for march being lower than forecast. If we don,t see any trade war escalation in near term these are the two area i would be looking for keeping on mind gold being extremely bullish and can go for price discovery with any trade war talks.
Gold (XAU/USD) Technical & Fundamental AnalysisTechnical Analysis
Liquidity Zones:
Major Resistance: $3,150+ (where price recently formed a weak high).
Support Zones:
$3,135.69 (Near-term support).
$3,059.69 (Stronger support zone).
Current Trend Analysis:
Price reached a weak high and is now retracing downwards.
Expecting a retest of $3,135 - $3,120 before a possible move further down.
The dashed purple line ($3,139.50) seems to be a critical level for intraday traders.
Potential Trade Setups:
Bearish Scenario:
If price breaks below $3,135, expect further downside towards $3,120.
A break below $3,120 could push gold towards $3,060.
Bullish Scenario:
If price holds at $3,135 and reverses with bullish confirmation, it could retest $3,150+ again.
Fundamental Analysis (Gold - XAU/USD)
Dollar Strength (DXY) & Interest Rates:
The US Dollar Index (DXY) influences gold prices.
If the USD strengthens, gold prices may decline.
Recent Fed statements on rate hikes could put pressure on gold.
Inflation & Safe-Haven Demand:
If inflation remains high, gold could see buying pressure as an inflation hedge.
Recent geopolitical risks and banking concerns could increase gold's safe-haven demand.
Upcoming Events to Watch:
US Non-Farm Payrolls (NFP) Report – Can impact USD and gold.
Federal Reserve Speeches – Hawkish or dovish tones will guide gold’s movement.
4.7 Gold Trend4.7 Gold Trend
The K-line continues to fall back and breaks through the short-term moving average, and the moving average begins to diverge downward, indicating that the daily level has turned from strong to weak.
Key support: 2950. If it falls below 2950, it may accelerate the decline; otherwise, it may usher in a technical rebound.
Short:
Entry area: 30015-3025
Stop loss: above 3035
Target: 2990-2950
Long:
Entry area: 2960-2970
Stop loss: below 2950
Target: 2990-3010
I hope that today's article can bring you gains and smooth sailing in the next investment. The team has focused on the spot gold market for more than ten years, with rich market experience and stable operations, allowing you to reasonably control funds and achieve profits. All gold investors are welcome to come and communicate.
Gold highlights the trend of pressure!On Monday (April 7) in the Asian market, gold prices fell below $2,990, but then rebounded to narrow the decline. The sell-off triggered by US President Trump's trade war intensified. Fearing that Trump's trade war would trigger a global recession, shocked investors have flocked to the US Treasury market, at least for now ignoring the risk that the same punitive tariffs could trigger another round of inflation. After the rise in US government bonds caused the two-year Treasury yield to hit its lowest level since 2022, traders are preparing for further gains and believe that the Federal Reserve is more likely to take the most aggressive interest rate cuts to prevent economic stagnation.
In terms of gold, the overall price of gold fell sharply last Friday. The price rose to 3136.36 on the day, fell to 3015.64 at the lowest, and closed at 3036.81. During the early trading session last Friday, the price was under short-term pressure at the four-hour resistance position, and then it fluctuated and fell. Then it hit a high and fell near the US market. The price fell very weakly all the way and broke the daily support position as expected. Both the weekly and daily lines ended with a big negative. The focus will be on the gains and losses of the weekly watershed.
The gold daily chart shows that the relative strength index (RSI) has fallen from nearly 80 touched on Thursday to 50, suggesting that the recent decline in gold prices is not just a technical correction. Since gold opened low and fell directly today, it continued the decline trend on Friday. Then we have to consider a question now, that is, whether the daily line will form a continuous decline. In the daily rhythm, we can see that the high point has been declining, which means that after the top resistance of the three-point line is blocked, it is easy to form a second turning point of the trend downward!
In the current situation, don’t expect gold to rise sharply in a short period of time to form a reverse package. The gold content of following the trend is still rising. Waiting for a rebound, we will short sell! The upper pressure level is 3036, the closing price of last week. The further pressure level is 3054, the top and bottom conversion level! You can ambush and short near 3036! The falling market is going down all the way, don't guess the bottom blindly!
Investment strategy:
Short gold at 3036, target 3000
symmetric triangle detected possible break aboveConsolidation Phase: A symmetric triangle indicates a period of consolidation where the price is narrowing, with lower highs and higher lows. This suggests indecision in the market, but often precedes a breakout.
Breakdown Expectation: Typically, symmetric triangles break out in the direction of the prevailing trend or sometimes the opposite, based on market sentiment. In this case, if the breakout is expected to be downward (a breakdown), entering a put position would capitalize on the potential drop in price.
Technical Indicators: If other technical indicators (such as RSI or MACD) confirm a bearish divergence or downward pressure, it strengthens the case for a put position.
Risk-Reward Ratio: The pattern allows for a defined entry, stop, and target level, making it easier to manage risk. You can place a stop just above the triangle's upper trendline and set a target based on the height of the triangle projected downward.
XAUUSD projection on 2nd Week April 2025XAUUSD has been made a correction on last Friday.
Next week it would be a consolidation and bullish continuation to reach 3200 price level.
Good Luck !
Non-agricultural gold is expected to fall sharply. On Friday (April 4), at 20:30 Beijing time, the U.S. Bureau of Labor Statistics released the highly anticipated March non-farm payrolls report, which put pressure on gold.
Fundamentals: Today, gold is expected to fall sharply. The market continues to short at resistance points.
Market volatility is expected to increase during the period. The long-short game of the US dollar index near the 102 mark will determine whether it can continue to rise. If it breaks through 103, it may further suppress gold and non-US currencies. Gold is looking for direction in the range of 3080-3100 US dollars/ounce. If risk aversion picks up, it may retest the 3100 mark; on the contrary, if the US dollar continues to strengthen, breaking through 3080 will open up downside space. The decline in US stock futures may continue until early next week.
Liberation dayApril 2nd, referred to as "Liberation Day" by President Trump, is the day he plans to announce new tariffs on imports from various countries, aiming to reduce reliance on foreign goods. The specific details of these tariffs are still unclear, but they are expected to impact a wide range of products. Gold has been on a face-ripping vertical rally up into this news on expectations that this will be big news, but it's pre-announced which means it's a clear sell the news event. I am going to buy 0DTE puts on gold at the market open on April 2nd and sell them before the close.
Market Update (No Buy/Sell Bias)🧠 Structural Recap: Why Gold Did What It Did
🔄 Mitigation & Reaction Zones Review
✅ Premium Supply Zone @ 3144–3160 (H1-H4)
— Price tapped into this key premium area and sharply rejected it. This indicates a successful mitigation of that supply zone.
— This zone previously aligned with the weak high and premium structure, adding to its weight.
🟦 Mid-Range FVGs @ 3120–3130 (H1)
— This area acted as the bounce point today after price wicked down aggressively.
— The strong wick from 3086–3144 confirms buyer interest post-news, filling imbalance and mitigating prior demand (on H1).
🟫 Mitigated Demand Zone @ 3086–3096 (H1-H4)
— This demand zone was pierced and fully tapped. We saw a textbook bounce with strong reaction, suggesting the zone is now mitigated.
— A notable EQ + strong candle from this zone created bullish displacement.
🔵 Unmitigated Discount Demand @ 3054–3080 (H4)
— This remains a key untouched demand. Price wicked close to it but didn’t tap.
— If we get another push down, this is still valid and unmitigated.
🧱 Below 3050: Unmitigated Macro Zone (D1)
— The large OB/FVG combo around 2970–3030 still hasn’t been mitigated. This remains untouched liquidity in a deeper pullback.
📰 News Review — April 3, 2025
Trump’s Conference Commentary
— Hawkish rhetoric around economic strategy but no clear monetary focus.
— Mixed signals caused initial DXY strength, but later market corrected.
US Jobless Claims & ISM Services PMI
— Slightly worse-than-expected numbers, showing cooling economy signs.
— This supported XAU recovery post-drop as rate hike sentiment weakened.
Geopolitical Noise (Middle East)
— Continued tensions are keeping safe-haven demand intact, especially below 3100.
🧠 TL;DR
Zones like 3144–3160 and 3086–3096 are now mitigated.
3054–3080 and 2970–3030 remain unmitigated, future bounce areas.
Today’s volatility was news-driven, but liquidity still sits lower.
We’re currently in mid-mitigation flow, with the market respecting PA zones well.
"XAU/USD Bearish Momentum Continues –Will Gold Break Below $3060📉 XAU/USD (Gold) Analysis – 1H Timeframe
🔹 Resistance Levels:
$3,135.69 (Major Resistance)
$3,100.14 (Intermediate Resistance)
🔹 Support Levels:
$3,059.69 (First Key Support)
$3,037.41 (Second Support)
$2,994.18 - $2,982.53 (Strong Demand Zone)
🔺 Market Structure & Trend
Gold is currently in a downtrend after facing rejection from the $3,135 zone.
A bearish structure is forming, with lower highs and lower lows.
The price attempted a recovery but faced resistance near $3,100, suggesting a possible continuation of the bearish move.
📊 Technical Outlook
✅ Bearish Confirmation: If price fails to break above $3,100, we may see a continuation toward the $3,060 support.
✅ Breakdown Confirmation: If $3,060 breaks, gold could further drop to $3,037 or even $2,994-$2,982 (major demand zone).
✅ Bullish Recovery: A strong close above $3,100 may invalidate the bearish scenario and lead to a retest of $3,135.
🔥 Trading Plan
🔻 Short Entry: Around $3,100 with SL above $3,110, TP at $3,060 and $3,037.
🔹 Long Entry: If price reaches $3,037 and shows reversal signals, TP at $3,080 and $3,100.
📌 Key Watch:
Price action at $3,100 (resistance)
Support reaction at $3,060 and $3,037
⚠️ Disclaimer: This analysis is for educational purposes only. Always manage risk and follow your trading plan! 📊📉🚀
XAUUSD / GOLDGold shot in coming. Price on trend channel resistance, with a fresh demand at 3089.029 which should be tested before we see a further rally to the up side.
Time to Watch the Shiny Metal | Drop or Fly?After a sharp rally over the past few weeks, XAUUSD has shown signs of a correction. The recent drop suggests that further downside potential remains, with a broader target around the 2900 level.
In the short term, the price zone between 3004–3001 is crucial. If price action shows rejection from this area, we may see a continuation of the intraday move down towards 2966.
However, if the price manages to close above 3016, this could trigger a bullish move towards the 3038–3045 zone, where selling opportunities may arise again.
4.4 Key points of gold shock4.4 Key points of gold shock
The current market is at the end of the convergence triangle, and 3100 is the watershed between long and short.
Use the "breakthrough-retracement" strategy to increase your entry winning rate.
Prioritize protecting the principal, set a take-profit order at key positions such as 3120/3080, and lock in some profits.
3115 → short entry, stop loss 3125, target 3080.
3080 → long entry, stop loss 3070, target 3120.
Strict discipline and dynamic adjustment can balance the risk-return ratio.
a breakdown of the 6 month channel
"On the yearly chart, gold is near its trading high, and on the 6-month chart, it's near a support floor. There's a high probability of the support breaking."
Here's a slightly more formal way to phrase it, which might be used in a trading context:
"On the annual timeframe, gold is trading close to its resistance peak, while the 6-month chart shows it nearing a support level. The likelihood of this support being breached is quite high."
GOLD Can finally Dropped Gold has showing strong Bearish Pattern momentum on 4H time frame the price will recently tested the 3055 and take Hold needs to more fall.
Key levels and Trade setup Traders
Support zones 3085 / 3065 / Long Term 3030
Thanks for your support if you find this idea helpful and learn something new drops a like and leave comment.
XAU/USD: Bull or Bear? (READ THE CAPTION)By analyzing the gold chart on the 15-minute timeframe, we can see that after the market opened today, a price gap appeared. Once gold filled this gap, it resumed its bullish move and recorded a new all-time high at $3,128. Currently, gold is trading around $3,119, and if the price stabilizes below $3,120, we may see a slight correction.
However, note that there’s been no new structural break on the higher timeframes, so for a more accurate outlook, we need to wait for the price to react to key levels.
This analysis will be updated with your continued support, as always!
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
