Global central banks are increasing their holdingsGold hit a low of 3323 in the morning and then began to rebound strongly, reaching a high of 3386, then fell to a low of 3352, and rebounded to 3372. Gold made a slight correction near 3365 for a while, then fell to 3350, and now rebounded to 3368. There is less than an hour left before the European session. It is currently in the middle of the strong stretch in the morning. Now, gold still has some room for stretching. The upper resistance is currently at 3374-3377, which is expected to be the highest level today, and the lower support is 3340-3330. It is recommended to rebound short.
Operation strategy 1: It is recommended to rebound short at 3374-3378, stop loss at 3384, and the target is 3355-3325.
GOLDCFD trade ideas
XAUUSD NEW KEY LEVELS📈 XAUUSD Trade Setup 📉
Please refer to the highlighted boxed zone 🟦 on the chart for key price action levels.
🔵 Buy Setup
Initiate a buy position if a candle breaks and closes above the boxed area.
Then, enter when the next candle breaks the high of the closing candle.
🔴 Sell Setup
Initiate a sell position if a candle breaks and closes below the boxed area.
Then, enter when the next candle breaks the low of the closing candle.
🎯 Target Levels
The blue lines 🔵 indicate our target levels.
Close 90% of your position to secure profits 💰.
Hold the remaining 10% for potential extended gains 🚀.
GOLD - A New High Is Coming?The price recently reached the 61.8% Fibonacci retracement level and at the same time, the has hit the 38.2% Fibonacci time level. This combination of price and time Fibonacci levels signals that the trend is strong and likely to continue. With this momentum, it is normal to expect a move towards a new high at 3580.
XAU / GOLD🌟 GOLD: THE BIGGEST TRADE OF SUMMER 2025
XAU/USD Forecast
📈 PHASE 1: SHORT-TERM RALLY (after small correction to 3172$)
We expect a bounce toward the $3,789–$3,800 resistance zone.
🔴 PHASE 2: THE SHAKEOUT
May 27 SELL ZONE.
After May 27, the cycle flips.
Expect a violent correction, retracing into key support around $2,880–$2,970 or even lower.
🟢 PHASE 3: THE BUY ZONE — July 13 +/- few days.
Mid-July marks the ideal long-term entry into TVC:GOLD before the explosive move.
🚀 PHASE 4: THE BREAKOUT
Target: ATH above $4,000 by late summer
Yes, EUROTLX:4K + gold is coming — but only after the market resets.
Gold falls, can it continue to fall before closing?Gold still fell in the morning, but it made a V-shaped reversal after bottoming out and rebounding, slightly breaking the morning high of 3323 and touching the pressure line of 3330. This trend is very subtle, which means that the support here is strong at 3274. You can be bearish but not too bearish. Focus on the support line of 3300 and see the rebound strength of the European session. If the European session stands on the pressure line of 3330, then consider shorting around 3360 in the evening, and the US session will be volatile. If the rebound strength of the European session is limited and it is always suppressed below 3330 and goes sideways, then you can continue to be bearish directly, and the support below is 3270-3253. If it breaks above 3330, then you have to pull back and do more.
Gold: trade tariffs relaxationAs trade tariffs “war” entered into relaxation mode, so the price of gold was easing during the previous week. The major event concerning trade tariffs during the previous week was the announcement from China's government that they are considering negotiations with the US Administration regarding imposed tariffs. Additional influx came also from better than expected US jobs data, in which sense, gold was trading with a modest negative sentiment during the week. The week started by testing the $3.350 short term resistance line, however, it ended at the level of $3.240.
The RSI turned away from the overbought market side, and ended the week at the level of 53. This level still does not represent a clear sign that the market is ready to take the turn toward the oversold market side. Moving averages of 50 and 200 days, without change, continue to move as two parallel lines with an uptrend.
Fundamentals have driven the price of gold to the ATH in a previous period, so fundamentals will continue to impact the price of gold also in the future period. Trade tariffs were the main driver, so as the trade war is settling down, the price of gold might ease also in the coming period. Gold is currently testing the level from the mid-April this year. In case that it is breached, then the next potential level for gold might be around $3.150. Certainly, it should be considered that the FOMC meeting is scheduled for May 7th, which might bring some volatility back on the market, considering current market sensitivity regarding potential Fed's rate cut. At this moment on charts, the price of gold has equal probabilities for a move both toward the up, and down side.
5.6 Gold Market Analysis5.6 Gold Market Analysis
Gold prices rose slightly today and then entered a volatile trend. It is expected that the market will continue yesterday's trend and rise steadily.
After the gold price rises, we will wait for the high to pull back to around 3350 before going long. In the morning, the gold price encountered resistance at 3380, so technically this suppression can be used as a key reference for the future market. If it does not break 3380, there is still a risk of falling.
The rise in gold prices in the past two days, whether it is caused by news or the opening of the Asian session, we must maintain a steady rhythm.
Today's support level is 3330, and the resistance level is 3380. The strategy is to go long on the decline.
Thank you for your attention, and I hope my analysis can help you.
Gold Buy Call #XAUUSDGold has broken out of a key resistance level at, $3,265 with strong bullish momentum and above-average volume, confirming the breakout. This move is supported by rising RSI and MACD crossover, indicating strength in the trend. The breakout from the consolidation zone signals renewed investor interest, likely driven by macro uncertainty and safe-haven demand.
Traders can consider initiating long positions at current levels with a stop-loss and take profit levels defined in the charts.
XAUUSD: Intraday Bullish Move Up To $3400! The OANDA:XAUUSD price has shown strong bullish momentum, indicating it will likely continue to rise above $3400. However, the price is currently volatile and is likely to remain so.
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XAU/USD (Gold) Analysis 2/5/20251. XAU/USD recently recorded an all-time high (ATH) at the 3150 level.
2. Following a healthy retracement, we are now eyeing potential long opportunities near the 3100 zone.
3. The 3100 level presents a favorable risk-reward entry point, aligned with historical support.
4. Market sentiment remains bullish, supported by strong fundamentals and ongoing geopolitical tensions.
5. A breakout above the previous ATH could open the door for a continued rally toward higher resistance levels.
6. Our upside targets for this move are in the range of 3450 to 3500, offering considerable profit potential.
7. Price consolidation near 3100 indicates accumulation, reinforcing the long bias.
8. We anticipate renewed buying pressure as the market tests key psychological and technical levels.
9. Risk management will be crucial, with stops ideally placed just below the 3050 support region.
10. Overall, this setup offers a compelling long trade backed by technical structure and market momentum.
Hanzo | Gold 15 min Retest 3275 – Confirm the Next Bullish Move🆚 Gold – Hanzo’s Strike Setup
🔥 Timeframe: 15-Minute (15M)
——————
💯 Main Focus: Bullish Retest at 3275
We are watching this zone closely.
———
Analysis
👌 Market Signs (15M TF):
• Liquidity Grab + CHoCH at 3265
• Liquidity Grab + CHoCH at 3318
• Strong Rejections seen at:
➗ 3270 – Major support / Key level
➗ 3325 – Proven resistance
🩸 Key Zones to Watch:
• 3272 – 🔥 Bullish breakout level X 7 Swing Retest
• 3325 – Strong resistance (tested 5 times)
• 3270 – Equal lows
• 3328 – Equal highs
Hanzo | Gold 15 min Retest 3275 – Confirm the Next Bullish Move
Gold rises strongly and bulls restart!At present, the support of the 4-hour cycle is around 3330. If there is a chance of a decline, you can follow the bullish trend. In terms of short-term gold operation ideas, it is recommended to do more on pullbacks and short on rebounds. The upper short-term focus is on the 3415-3420 line of resistance, and the lower short-term focus is on the 3330-3350 line of support. Friends must keep up with the rhythm. It is necessary to control the position and stop loss, set stop loss strictly, and do not resist single operations.
Scalping Trade – Technical Analysis on Gold (1-Minute Timeframe)
In this brief analysis, we examine a scalping opportunity on Gold (XAU/USD) using the 1-minute chart, focusing on a short-term technical setup supported by both price action and indicators.
The chart displays a well-defined downward trend, confirmed by two descending red trendlines. These trendlines have been respected consistently by the price, indicating a strong bearish structure. At the time of analysis, the price action approached a key resistance zone around the 3,319 level.
This resistance is notable for two reasons: it represents a horizontal level tested multiple times, and it coincides with a descending trendline, forming a confluence that increases the probability of a price rejection. This dual-resistance scenario presents a compelling case for a short entry.
A sell position was initiated near this resistance area. The stop loss is placed above the resistance zone, near 3,325, to protect against a breakout. The take profit is set around 3,301, targeting a recent support level established by a strong previous low. This provides a clean technical target within the current structure.
Supporting this trade idea, both the MACD and Stochastic Oscillator are showing overbought signals and have begun turning downward, suggesting weakening bullish momentum and the potential for a bearish reversal.
The trade offers a risk-to-reward ratio of approximately 1:1.97, which is considered favorable in scalping strategies, where precision and timing are critical.
Falling towards pullback support?The Gold (XAU/USD) is falling towards the pivot and could bounce to he 1st resistance which has been identified as a pullback resistance.
Pivot: 3,361.29
1st Support: 3,310.00
1st Resistance: 3,490.34
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3419 , gold price can reach today⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) pulls back slightly from its intraday peak near a two-week high reached during Tuesday’s Asian session, but remains firm around the $3,360 mark, extending its winning streak for a second day. Improved US economic data has helped temper recession fears, offering modest support to the US Dollar. Meanwhile, signs of a potential thaw in US-China trade tensions have curbed safe-haven demand for gold, prompting some investors to adopt a wait-and-see approach ahead of the highly anticipated two-day FOMC policy meeting.
⭐️Personal comments NOVA:
Bulls regain the upper hand, uptrend nears 3400 ahead of market interest rate cut expectations
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3418- 3420 SL 3425
TP1: $3410
TP2: $3400
TP3: $3385
🔥BUY GOLD zone: $3323 - $3321 SL $3316
TP1: $3330
TP2: $3340
TP3: $3358
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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 Trade Plan 06/05/2025Dear Traders,
price broken 3320 (Means Market will continue Upward movement)
i expect price will be continue upward movement to 3400-3420 Area Today ,
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's volatile decline is in line with expectationsFrom the perspective of the 4-hour cycle, a big negative line closed down, breaking the support of the 5-day and 10-day moving averages. This wave may continue to fall to the Bollinger middle rail near 3300, but if it is a high-level shock, the Bollinger middle rail is not broken, and it may rise again to the high point of 3430. In this cycle, gold has experienced a big rise and fall, and now it is possible to rise or fall. In the short-term cycle, we will first pay attention to the support effect of 3360-3350 under weakness. If it does not break, we can continue to go long and bullish, with the upper target at 3400. On the whole, the short-term operation strategy of gold is recommended to be mainly short-selling on rebounds, supplemented by long-selling on pullbacks. The upper short-term focus is on the 3400-3405 line of resistance, and the lower short-term focus is on the 3350-3300 line of support.
Learn the 4 Best Strategies to Maximize Your Profits in Trading
In the today's article, we will discuss 4 classic yet profitable forex and gold trading strategies.
1️⃣Pullback Trading
Pullback trading is a trend-following strategy where you open the positions after pullbacks.
If the market is trading in a bullish trend, your goal as a pullback trader is to wait for a completion of a bullish impulse and then let the market correct itself. Your entry should be the assumed completion point of a correctional movement. You expect a trend-following movement from there.
In a bearish trend, you wait for a completion of the bearish impulse, let the market retrace, and you look for short-entry after a completion of the retracement leg.
Here is the example of pullback trading.
On the left chart, we see the market that is trading in a bearish trend.
A pullback trader would short the market upon completion of the correctional moves.
On the right chart, I underlined the buy entry points of a pullback trader.
That strategy is considered to be one of the simplest and profitable and appropriate for newbie traders.
2️⃣Breakout Trading
Breakout trading implies buying or selling the breakout of a horizontal structure or a trend line.
If the price breaks a key support, it signifies a strong bearish pressure.
Such a violation will trigger a bearish continuation with a high probability.
Alternatively, a bullish breakout of a key resistance is a sign of strength of the buyers and indicates a highly probable bullish continuation.
Take a look, how the price broke a key daily resistance on a daily time frame. After a breakout, the market retested the broken structure that turned into a support. A strong bullish rally initiated from that.
With the breakout trading, the best entries are always on a retest of a broken structure.
3️⃣Range Trading
Range trading signifies trading the market that is consolidating .
Most of the time, the market consolidates within the horizontal ranges.
The boundaries of the range may provide safe points to buy and sell the market from.
The upper boundary of the range is usually a strong resistance and one may look for shorting opportunities from there,
while the lower boundary of the range is a safe place to buy the market from.
EURCAD pair is trading within a horizontal range on a daily.
The support of the range is a safe zone to buy the market from.
A bullish movement is anticipated to the resistance of the range from there.
Taking into considerations, that the financial instruments may consolidate for days, weeks and even months, range trading may provide substantial gains.
4️⃣Counter Trend Trading
Counter trend trading signifies trading against the trend.
No matter how strong is the trend, the markets always trade in zig-zags. After impulses follow the corrections , and after the corrections follow the impulses.
Counter trend traders looks for a completion of the bullish impulses in a bullish trend to short the market, and for a completion of bearish impulses in a downtrend to buy it.
Here is the example of a counter trend trade.
EURJPY is trading in a bullish trend. However, the last 3 bearish moves initiated from a rising trend line. For a trader, shorting the trend line was a perfect entry to catch a bearish move.
Such trading strategy is considered to be one of the most complicated , because one goes against the crowd and overall sentiment.
With the experience, traders may combine these strategies.
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bullish momentum, accumulating around 3400⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) regained strong upward momentum during the Asian session on Thursday, rebounding sharply above the $3,400 level in the past hour and recovering much of its overnight pullback from a two-week high. The renewed demand for the safe-haven metal comes as US President Donald Trump downplayed expectations of an imminent resolution to the US-China trade dispute, stating he feels "no rush" to finalize an agreement. Heightened geopolitical tensions—including the ongoing Russia-Ukraine war, instability in the Middle East, and escalating military friction between India and Pakistan—further support gold's appeal as a defensive asset.
⭐️Personal comments NOVA:
Gold price continues to recover well around 3400, FED's speech is quite moderate, predicted early by investors, the market is positive in the recovery trend this week
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3438- 3440 SL 3445
TP1: $3425
TP2: $3410
TP3: $3395
🔥BUY GOLD zone: $3352 - $3350 SL $3345
TP1: $3365
TP2: $3380
TP3: $3400
⭐️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
XAUUSD: Channel Up aiming for 3,750Gold has turned bullish again on its 1D technical outlook (RSI = 65.582, MACD = 62.840, ADX = 38.882) as it crossed above the 4H MA50 again, following a bottom on the HL trendline of the 4H Channel Up. The 4H RSI made a DB and the new bullish wave is already underway. We expect a similar +18% rally to the top of the Channel Up (TP = 3,750).
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