Bullish Breakout Defies Trade Uncertainty and Global TensionsOANDA:XAUUSD Gold remains firm near $3,333, holding a bullish structure after a breakout above multi-year resistance. While short-term pullbacks persist, geopolitical tensions and a Fed pause continue to support safe-haven demand. Trump's refusal to ease China tariffs dampens trade optimism, further boosting gold's appeal. Key support lies around $3,333 and $3.273.
Resistance : $3,414 , $3,474
Support : $3,333 , $ 3,273
GOLDCFD trade ideas
Gold update Chart Analysis
Trend: The market is currently in an uptrend with a pullback happening within a bullish flag or channel.
Current Price: Around 3,390.13
Support Zone: Near 3,322.725
Potential Entry: At or just below the current price level after a small dip (as shown by the blue arrow).
Bullish Bias: Based on the continuation pattern and price respecting the upward trendline.
📈 Trade Setup (Buy Position)
Entry: Around 3,390
Stop Loss (SL): Below the recent swing low or channel support → around 3,361
Take Profit (TP): Targeting the projected measured move → around 3,450 - 3,460
This setup gives a decent Risk:Reward ratio, approximately 1:2 or better, depending on the exact entry.
🔁 Summary
Entry: 3,390
SL: 3,361
TP: 3,450 to 3,460
Bias: Bullish continuation after a healthy pullback
Will the price of gold continue to rise?The pressure position on the 44-hour chart is around 3270-3280, which becomes an important dividing point for intraday short-term trading. In the intraday trading, we focus on the 3200-line long-short watershed. Before gold falls further and breaks through, gold will maintain a bullish trend. In the intraday trading, we focus on the recent starting point of 3222 support. If gold wants to move steadily upward, it will not fall below 3222 in the day. In the short term, we refer to the points above 3222 to arrange long positions! Gold operation strategy: Gold falls back to 3230-3232, stop loss at 3220, target 3260-3270; it is recommended to go short when it touches 3270-3268, stop loss at 3280, target 3240-3230;
Gold update next weekI really wanted to sell at a higher price.
But the selling pressure was very strong, not overcoming the resistance, so I came up with a new strategy to sell gold at a lower price. Do you have any other ideas? Leave a comment.
Limit sell 3255 sl65
Limit sell 3272 sl 82 ( fake break)
Take profit 3178- 3070
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Limit buy 3070
SL 3048.5 TP 3178
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Limit buy 2994- 2982
SL 2972 TP 3090- 3170
DeGRAM | GOLD held the support line📊 Technical Analysis
● OANDA:XAUUSD tagged the purple support line at $3 300 inside the green demand zone, then printed a bullish engulfing candle.
● Price is climbing within the rising‑channel mid‑band; reclaiming the black support level $3 360 should propel gold to the upper resistance level near $3 500. Long view void on a close below $3 200.
💡 Fundamental Analysis
● Fed Vice‑Chair Jefferson signalled rates are “sufficiently restrictive” amid cooling CPI base effects, pressuring real yields and the USD.
✨ Summary
Channel‑base rebound plus strong Asian demand and a dovish Fed backdrop support a short‑term long: targets $3 360 → $3 500; invalidate under $3 200.
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GOLD FOMC Interest Rate Decision (May 7, 2025)
The Federal Reserve held rates steady at 4.25%–4.50%, maintaining its stance since December 2024. The decision reflects heightened uncertainty from escalating U.S.-China trade tensions and mixed economic signals, including stagflation risks (rising unemployment and inflation). Chair Jerome Powell emphasized vigilance toward trade policy impacts but avoided signaling imminent rate cuts, despite market expectations for easing later in 2025.
Geopolitical Conflicts Affecting Gold Prices
U.S.-China Trade War Escalation
New tariffs and retaliatory measures have intensified safe-haven demand for gold. Prices hit record highs in April 2025 (NT$3,518/gram in Taiwan) as investors sought protection from market volatility.
Renewed trade talks (e.g., U.S.-China meetings in Switzerland) caused a brief 1.3% gold price dip on optimism, but analysts project prices to rebound to $3,500–$4,000/oz by late 2025 amid unresolved tensions.
Central Bank Gold Accumulation
Central banks, led by China and Russia, are aggressively stockpiling gold to diversify from USD assets and hedge against sanctions.
Prolonged military tensions continue to drive gold’s role as a crisis hedge. Escalation could push prices higher, while de-escalation might temporarily reduce demand.
Middle East Instability
Conflicts between Iran and Saudi Arabia disrupt global supply chains and energy markets, amplifying gold’s appeal as a safe haven during periods of heightened risk.
Dollar Weakness and Inflation Risks
A declining U.S. Dollar Index (-0.3% on May 7) and tariff-driven inflation fears have bolstered gold’s attractiveness. The Fed’s cautious stance on rate cuts reinforces gold’s appeal in a negative real yield environment.
Gold Price Outlook
Short-term: Prices may face volatility from trade talk progress or Fed policy shifts but remain supported by geopolitical risks and central bank buying.
Long-term: Analysts (e.g., UBS, Bank of America) forecast gold reaching $3,500–$4,000/oz in 2025 due to structural demand, tariff impacts, and unresolved global conflicts.
In summary, gold’s trajectory hinges on geopolitical stability, central bank actions, and Fed policy, with bullish momentum likely to persist amid fragmented global trade and economic uncertainty.
GOLD The U.S. Dollar Index (DXY) has resumed buying and strengthened recently due to several key factors:
Widening Interest Rate Differential and Economic Outperformance
The U.S. economy is growing faster than many other major economies, projected at around 2.7% in 2025, while Europe and Japan face weaker growth and deeper rate cuts by their central banks.
This growth divergence has widened the gap between U.S. 10-year Treasury yields and those of key trading partners to the highest level since 1994, making the dollar more attractive to investors seeking yield.
Delayed Fed Rate Cuts Due to Tariff-Driven Inflation
U.S. tariffs, especially on Chinese goods, are expected to keep inflation elevated, delaying the Federal Reserve’s rate-cut cycle. Higher U.S. interest rates relative to other countries support dollar strength.
The Fed’s cautious stance after the May 7 meeting, holding rates steady and signaling a wait-and-see approach, reinforces the dollar’s yield advantage.
Safe-Haven Demand Amid Geopolitical and Trade Uncertainty
Ongoing geopolitical tensions, trade war fears, and tariff uncertainties drive investors toward the dollar as a safe haven during periods of global uncertainty.
Positive Carry Trades and Positioning
The dollar benefits from carry trades where investors borrow in lower-yielding currencies (yen, euro) to invest in higher-yielding U.S. assets. Long-dollar positioning is not yet saturated, leaving room for further gains.
Technical Support and Market Sentiment
The DXY has found strong technical support near key levels with bullish price action and momentum building, suggesting continued upside potential in the near term.
Summary Table
Widened interest rate differential Higher U.S. yields draw investors
Tariff-driven inflation delays Fed cuts Sustains dollar yield advantage
Safe-haven demand amid uncertainty Boosts dollar as global risk-off asset
Positive carry trades Encourages long-dollar positioning
Technical support near key levels Reinforces bullish momentum
In essence:
The DXY’s resumed buying reflects a combination of strong U.S. economic fundamentals, delayed Fed easing due to tariff inflation, safe-haven flows amid geopolitical risks, and technical factors supporting the dollar’s near-term rally. This momentum is expected to continue into mid-2025 unless global growth stabilizes or the Fed signals more aggressive easing.
Gold Breaks Wedge, 3270–3280 Now Key Pivot for RecoveryGold's recent retreat has slowed, forming a descending wedge pattern that has now been broken. This is a constructive setup for a potential upward reaction after falling $300 from the $3,500 high. The 3,270–3,280 zone is now the short-term pivot point. If this level breaks as well, the upward move may finally begin.
Potential targets include the 38.2% retracement level at 3,316 and the main resistance zone at 3,355–3,370.
Analysis of gold for next weekThis week, the price range of gold was $200. It finally closed as a positive candlestick with an upper shadow, and the length of the shadow was comparable to that of the real body. This indicates that the bulls and bears were evenly matched. Overall, it showed a pattern of wide-range oscillation. In the short term, it maintained an oscillation at a high level, adopting a corrective method of exchanging time for space, which is favorable for the bulls. The fundamental factors supporting the bulls have not changed at present, so it can't be said that there is a trend reversal. Since it has risen a lot, it just needs a new round of accumulation of upward momentum, and there will be an oscillating process. This is in terms of the long-term cycle. There will be news over the weekend, which is bound to impact the market next week. The price of gold will temporarily continue to fluctuate violently, and it is expected that this will be the norm throughout May. As time goes by, the 10-week moving average (MA10) will gradually move upward, and this position should be closely watched in the later stage. In the past, the biggest pullbacks all relied on this support to move upward, and whenever there is a significant downward adjustment, it is an opportunity to go long.
you are currently struggling with losses, or are unsure which of the numerous trading strategies to follow, at this moment, you can choose to observe the operations within our channel.
There is too much news supporting the increase in gold prices.🔔🔔🔔 Gold news:
➡️ Gold prices extended their rebound for a second straight day on Tuesday, driven by seemingly unstoppable buying interest amid growing pessimism surrounding the U.S. dollar and escalating geopolitical tensions in the Middle East.
➡️ Despite renewed optimism that the United States may reach trade agreements with some partners this week, President Donald Trump's unpredictable trade policies continue to create market uncertainty, supporting gold's recovery after previous losses.
Personal opinion:
➡️ Trade and geopolitical headlines dominate, and speculation of interest rate cuts ahead of the Fed meeting and comments from Chairman Jerome Powell. There is too much news to support gold's bullish momentum at this time.
➡️Analysis based on important support and resistance levels and Fibonacci combined with trend lines to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy Gold 3221- 3223
❌SL: 3217 | ✅TP: 3227 - 3332 – 3337
👉Sell Gold 3402 - 3404 (Scalping)
❌SL: 3408 | ✅TP: 3298 - 3294 – 3290
👉Sell Gold 3417- 3420
❌SL: 3424 | ✅TP: 3414 - 3410 – 3405
FM wishes you a successful trading day 💰💰💰
Gold Intraday Trading Plan 5/6/2025As mentioned yesterday, a break above 3270 will signal the end of correction. Indeed after breaking the resistance, gold has gone up all the way to 3330. Right now there is a strong resistance at 3350. I will trade its breaking of structure or retest from 3270.
This is my strategy for today:
1. if 3350 is broken, upon retest, buy towards 3400 or even 3450.
2. Buy from 3270, 1st target 3350, 2nd target 3400
XAUUSD1. The Fed's interest rate decision dominates this week's market
(May 7) The Fed will announce the May FOMC interest rate decision and press conference. The market generally expects the interest rate to remain unchanged, but Powell's speech will be the key. The April non-farm payroll data was stronger than expected (an increase of 177,000 people), coupled with the Fed's concerns about inflation, Powell may continue his hawkish stance and emphasize "anti-inflation priority". If he releases a signal of "delayed interest rate cuts", it may suppress gold bullish sentiment; on the contrary, if it implies concerns about economic slowdown, gold may be supported. In addition, several Fed officials will go to Iceland to participate in an economic meeting on Friday, and we need to pay attention to their statements on monetary policy.
2. International trade situation disturbs market sentiment
Sino-US trade frictions continue to escalate, with the US imposing tariffs on China as high as 245% and hitting China's re-export trade. However, the US has recently released a signal of easing, with companies such as Walmart resuming orders from China and bearing tariff costs, showing that US companies have limited tolerance for high tariffs. China requires the US to cancel unilateral tariffs as a prerequisite for negotiations, and the prospects for negotiations remain unclear. In addition, the situation between India and Pakistan is tense again, and the rising geopolitical risks may boost demand for gold as a safe haven.
3. Market sentiment and capital flows
Domestic gold ETF holdings surged by 23.47 tons in the first quarter, indicating that institutional investors are optimistic about gold in the long term. However, Nomura Securities warned that gold may face a technical correction due to abnormal capital flows (GLD funds in and out) and overheated technical indicators (gold prices deviated from the 200-day moving average by 25%). In addition, COMEX gold speculative net long positions hit a 14-month low, and market sentiment was cautious.
XAUUSD- 1H UpdateChart Description – XAUUSD 1H (Gold Spot vs. USD)
This is a multi-scenario Smart Money Concept (SMC)-based projection chart for Gold (XAUUSD), focusing on potential bullish retracements and major bearish continuations, incorporating Buy Zones, Sell Zones, and Change of Character (CHOCH) areas.
🔍 Key Components:
🟣 Sell Zones
Two sell zones are identified, with the highest near the All-Time High (ATH) around the $3,500 mark.
These are areas of expected bearish reaction if price retraces upward after a low.
🟢 Buy Zones
Located between $3,200 – $3,160 and another deeper one near $2,960, where potential bullish reactions may occur.
🔵 CHOCH - 4H
Marked in red around $3,260 area, indicating a 4-hour Change of Character, suggesting a potential shift from bullish to bearish sentiment.
🔸 Key Price Levels
$3,120: Historical support/resistance.
$2,956.20: Major swing low and key demand zone.
📊 Projected Market Path (Colored Waves)
🔹 Blue Path (Bullish Retracement Scenario)
Price is expected to retrace into a sell zone around $3,400–$3,460 after testing the current demand.
From there, a major sell-off is anticipated.
🔷 Cyan Path (Bearish Continuation)
Following the retracement, the market is projected to break below the recent low and head toward lower buy zones, potentially near the $3,120 and $2,960 regions.
Shows lower-high and lower-low formation, consistent with a bearish trend.
🧠 Market Sentiment
This chart suggests a bearish outlook for Gold unless a structural shift invalidates the CHOCH zone and supply levels. The chart highlights the importance of:
Waiting for confirmation in the supply zones before shorting.
Considering buy opportunities only in valid buy zones with bullish reaction confirmation.
XAUUSD 15 MINUTEThis chart shows a short (sell) trading setup for gold (XAU/USD), marked with a "SELL ZONE" at approximately 3,330 and a take-profit target labeled "TADGET SUCCESSFUL" around 3,281. The red area indicates the stop-loss zone above the sell entry, while the green area shows the profit zone.
Also, a small note: there's a typo—"TADGET" should be corrected to "TARGET".
Would you like help analyzing the trade or improving the chart presentation?
Powell's speech determines the trend.Tonight, Jerome Powell, the chairman of the Federal Reserve, will speak again. Whether he will confront Trump head - on is something worth looking forward to. However, it is certain that the Federal Reserve will not raise or cut interest rates today. It will keep the current interest rate. Whether there will be a rate cut in June depends on what Powell says. Therefore, there is great uncertainty about the fluctuation of the gold price tonight. No one can guess whether Powell will be hawkish or dovish now. But I think that regardless of his stance, the medium - and long - term trend of the gold price is optimistic. If he really makes remarks unfavorable to gold, which lead to a temporary slump in the gold price, it may instead be an opportunity for those who haven't bought or are on the sidelines to buy at a low price. So don't pay too much attention to Powell's speech. Moreover, this old man is likely to give a very tactful speech. I think he is very likely to neither offend Trump nor sacrifice the independence of the Federal Reserve. So his speech is likely to be very tactful. Therefore, regarding the fluctuation of the gold price, we need to see his attitude in the speech. Judging from the current performance of the gold price, it has actually shown a standard four - wave adjustment in 5 minutes. When will this four - wave adjustment end? It is likely to be a volatile adjustment during the day today, lasting until the European session or even tonight. After tonight, if the adjustment ends and the support level is clear, then the fifth wave is likely to start. Of course, if Powell's speech at 2:30 a.m. is also favorable to gold, the fifth wave will be even more promising. So we can wait and see what kind of stance Powell will take in front of the world.
you are currently struggling with losses, or are unsure which of the numerous trading strategies to follow, at this moment, you can choose to observe the operations within our channel.