GOLDCFD trade ideas
Keep an eye on the correction pattern —Quick Take:
- Strong bearish move, but wave structure still unclear — not a confirmed impulse.
- Bear trendline has broken; market now leaning toward sideways-up.
- Divergence is visible.
Plan:
Wait for correction pattern → confirm with your system → execute only with full data and strict risk management.
Gold Struggles Near Resistance – Eyes on 3313 for Further DropXAU/USD Slips as Dollar Gains on Trade Deal – Bearish Below Pivot Zone
Gold is under pressure as the U.S. dollar strengthens on optimism around a trade agreement. Risk appetite has returned, weighing on safe-haven demand.
Price failed to hold the pivot zone (3347–3360) and is now slipping below 3327. A 4H close below 3313 will likely trigger further downside.
Until bulls reclaim the pivot, bias stays bearish. Next support sits near 3287 if 3313 breaks clean.
Key Levels:
Resistance: 3388 – 3390 – 3412
Pivot Zone: 3340 – 3347
Support: 3313 – 3263
How to plan for the evening, pay attention to the 3300 markAfter the shorts took profits, gold consolidated in the 3310-3300 area. Judging from the daily chart, the decline in gold seems to have just begun, with the middle track of the Bollinger Band at around 3345 and the lower track at 3285. The possibility of falling below the 3300 mark cannot be ruled out in the evening. If gold falls below the 3300 mark, it may first hit 3295. If the decline continues, it may even hit the low of 3285-3275 below. However, if the 3300 mark can be effectively defended, then the possibility of maintaining the consolidation of 3300-3345 in the evening may be maintained. Therefore, it is not recommended to easily participate in transactions at the current position in the evening. It is mainly advisable to wait and see and pay attention to the breakthrough of the 3300 mark.
My premium privileges are about to expire, and subsequent trading strategies and analysis will be published in the group.
GOLD → Countertrend correction. Where will growth begin?FX:XAUUSD faced pressure in the 3430 zone, traders moved into profit-taking mode, triggering a correction. The price entered the sell-off zone...
On Thursday, gold is trading below $3400 as traders assess progress in US-EU trade talks and await preliminary PMI data from the US and the EU. These indicators could influence expectations for Fed and ECB rates. Optimism is being bolstered by reports of trade agreements between the US and Japan and other countries. The ECB is expected to keep rates unchanged, while the probability of a Fed rate cut in September is estimated at 60%. Investors are also watching Trump's conflict with Powell amid his visit to the Fed. Technically, the daily market structure is not broken, and a correction is forming within acceptable limits.
Based on the current direction, the market may test the intermediate bottom: trend support, the 3345-3320 area.
Resistance levels: 3375, 3383, 3400.
Support levels: 3345, 3320
A retest of resistance at 3375-3383 is possible. If the bears keep the price below this zone, the metal may continue its correction phase towards the zone of interest indicated on the chart. Local sell-offs have not yet broken the bullish daily structure.
However, the absence of a downward impulse and consolidation in 3375 - 3383 with a subsequent breakout of local resistance could increase demand again, which would generally lead to premature growth to 3400 - 3435.
Best regards, R. Linda!
Currently trading in a Rectangular ChannelGOLD Analysis
CMP 2953.190 (03-08-2025 02:35AM PST)
Still Bullish on Bigger time frames.
Currently trading in a Rectangular Channel
with Immediate Support around 3260- 3270 &
Immediate Resistance around 3455 - 3460.
Weekly candle closing above 3340 - 3345 would
be a positive sign.
If this level is sustained, we may witness 3600 &
then 3800+
In Case of Extreme Selling Pressure, 3260 may break
& then the price may touch 3050 - 3100
Non-farm payrolls are coming. What's the gold trend?Gold fell sharply on Wednesday, but Thursday's market didn't continue the downward trend as some investors expected. Instead, it showed a trend of rising and then falling.
From the daily perspective, we first need to focus on the resistance level near 3300 where the 5-day moving average is located. This position is not only a short-term technical resistance, but also reflects the market's psychological expectations to a certain extent. If prices can successfully break through this level and stabilize above it, it will indicate that bullish momentum is strengthening, potentially boosting market sentiment. At this point, the next resistance area to watch is the 3330-3340 range. This area converges the 10-day, 20-day and 30-day moving averages, forming a strong resistance band.
As for the support below, the primary focus is Wednesday's low of 3268. However, if this level is lost and the price continues to fall, the next support area will be around 3245, which is the previous low.
Trading strategy:
Short around 3300, stop loss at 3310, profit range 3280-3260.
Short selling remains the main themeGold hit a low of around 3267 yesterday and fluctuated until closing at 3274. Gold fluctuated upward at the opening today. Currently, gold is fluctuating around yesterday's rebound point of 3305. This is the resistance we need to pay attention to in the short term.
From the 4H analysis, today's short-term resistance is around 3305-3315. If gold wants to rise, it needs to stabilize above 3315. Focus on the 3335 first-line pressure, and rebound to the 3305-3315 resistance area during the day. You can consider shorting and follow the trend to see the decline unchanged, looking towards 3290-3280. Rely on this range to maintain the main tone of high-altitude participation. For the middle position, watch more and do less, be cautious in chasing orders, and wait patiently for key points to enter the market.
Will Gold Break Higher or Resume the Downtrend?Gold has been trading within a defined rising channel pattern, forming a short-term consolidation phase after a significant bearish leg. The current setup presents a critical inflection zone where Gold (XAUUSD) could either break out above the resistance trendline and major resistance zones or retrace and resume the prior downtrend.
Traders and investors should pay close attention to the price behavior around these key levels for possible high-probability trading opportunities.
📊 Technical Breakdown
1. Rising Channel Pattern
Gold has been bouncing between a support trend line and a resistance trend line, forming a rising channel. This indicates a controlled upward movement or short-term relief within a broader downtrend.
Support Trendline: Has been respected multiple times and offers a key reference point for bullish continuation.
Resistance Trendline: Acting as a cap on the short-term rallies.
This pattern represents a state of consolidation and indecision, often preceding a strong breakout in either direction.
2. Major Resistance Zone Ahead
The region around $3,345–$3,355 is stacked with:
Previous supply zones.
Confluence of the channel resistance and historical price rejection.
Psychological level near $3,350.
This zone is the make-or-break point for bulls. A successful breakout above this resistance could open the doors for a strong bullish continuation targeting levels such as:
$3,370
$3,390
$3,400+
But without a convincing close above this zone, bullish attempts may get rejected, resulting in a pullback or even breakdown.
3. Immediate Support Zone
On the downside, $3,320–$3,325 is a key short-term support level:
Aligned with the lower boundary of the channel.
Previous breakout retest zone.
Demand area observed in past bounces.
If this zone fails to hold, Gold could witness a strong decline, with potential targets at:
$3,310
$3,290
$3,275
🧠 Two Scenarios for Traders
✅ Bullish Breakout Scenario:
Trigger: Price breaks above $3,355 and sustains.
Retest Opportunity: If price comes back to test the breakout zone with a bullish engulfing candle or pin bar, it can serve as confirmation.
Target Zones: $3,370 / $3,390 / $3,400+
Stop Loss: Below the breakout point or recent higher low inside the channel (~$3,320)
❌ Bearish Breakdown Scenario:
Trigger: Breakdown of the support trendline and close below $3,320.
Confirmation: A bearish retest or continuation candle adds strength to the setup.
Target Zones: $3,310 / $3,290 / $3,275
Stop Loss: Above $3,335 (recent high)
📝 Final Thoughts
The XAUUSD 1H chart is setting up for a volatile move as price action coils between strong support and resistance. The rising channel within the larger downtrend makes this an ideal setup for both breakout traders and trend followers.
For bullish traders, the best entry lies above the resistance trendline, ideally after a retest. For bearish traders, a breakdown below the support line confirms downside momentum continuation.
In either direction, a clear break from this consolidation channel is likely to deliver a fast, directional move. Patience is key—wait for a clean breakout or breakdown before entering large positions.
=================================================================
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
=================================================================
GOLD Analysis : XAUUSD Major Bullish Demand Zone🧠 Market Structure Context (MMC Framework)
Gold has recently shown a clean structural decline from its local highs within a well-defined ascending channel. This analysis highlights a reaction zone-based playbook, focusing on high-probability reversal scenarios guided by institutional footprints, volume reaction points, and MMC logic.
We’re currently trading near a previous reversal zone, where history tells us the market tends to shift behavior. Let’s dissect the key components.
📊 Key Technical Components
🔸 1. Ascending Channel Breakdown
The entire uptrend was respecting a well-established bullish channel until the recent drop violated the midline structure. This breakdown confirms a temporary bearish phase, with price breaking cleanly below a QFL base (Quick Flip Level)—a level where price reversed sharply before, which now acts as a major supply zone.
Psychological Insight: Channels give clues about momentum. Breaking below the lower band shows the market is preparing for a retest or a deeper liquidity hunt.
QFL Breakdown: Once broken, previous buyer confidence is shaken—inviting sellers to test demand zones.
🔸 2. Previous Reversal Zone (PRZ) Reaction
Currently, price is hovering inside the blue shaded Previous Reversal Zone, where bullish pressure previously kicked in. It’s a minor demand zone, but critical due to historical reaction. The projected structure shows a bounce from this area before deciding next direction.
MMC Insight: The first test of PRZ often leads to an initial reaction. But deeper liquidity lies just below in the major green demand zone.
🔸 3. Major Demand Zone + Volume Burst Area (The Real Magnet)
Below the PRZ lies the major reversal block—highlighted in green. This zone is significant because:
It aligns with a high-volume burst in the past, confirming institutional orders.
It's a cleaner structure level for smart money re-entry.
It also provides room for the “liquidity sweep” (stop hunt), collecting sell stops before a proper reversal.
💡 Expected Play: Price may fake out below PRZ, enter the major demand, and then initiate a multiple-leg bullish rally. Patience is key here.
🛠️ Trade Structure Outlook
✅ Scenario 1 – Aggressive Buyers (Marked "1"):
Buy from the current PRZ zone around $3,305–$3,315
Target: $3,340 (Minor Resistance)
Risk: Slippage into deeper demand zone
Stop-loss: Below $3,295
✅ Scenario 2 – Safer Entry from Major Demand (Marked "2"):
Let price dip into $3,270–$3,280 zone (green box)
Look for reversal candles or liquidity sweeps on lower timeframes
TP1: $3,330
TP2: $3,365 (Major Resistance)
📈 Resistance Levels to Watch:
Minor Resistance: $3,340 – Expect short-term pullbacks or hesitation.
Major Resistance: $3,365 – Key target for swing traders and potential reversal zone.
🔍 MMC Concepts in Action
✅ Channel Logic: Breakdown implies momentum shift—watch for retests.
✅ QFL: Previous bounce zone broken = supply now overhead.
✅ Volume Burst Zone: Strong historical reaction = institutional interest.
✅ Zone-to-Zone Trading: Instead of random entries, focus on logical zone interactions.
🧭 Conclusion – Path of Probability
Gold is currently in a transitional phase—shifting from bearish correction to potential bullish revival. Patience will reward those who wait for PRZ rejections or deeper liquidity taps. The MMC framework helps frame this market not as chaos, but a map of strategic reaction points.
It still looks like a Triangle on goldHi traders,
Last week gold made an impulsive wave up but after that it dropped very hard.
If gold is still in a Triangle we could see a correction up and one more move down for wave E. But if price closes below (orange) wave C then the pattern is changed.
Let's see what price does and react.
Trade idea: Wait for the pattern to finish. Then wait for an impulsive move up and a small correction down on a lower timeframe and a change in orderflow to bullish to trade longs.
NOTE: The next three weeks I'm on holiday so I will not post any outlooks publicly.
If you want to learn more about trading FVG's & liquidity sweeps with wave analysis, please make sure to follow me.
This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.
Don't be emotional, just trade your plan!
Eduwave
Gold Fails at Resistance, Elliott Wave Signals Deeper CorrectionGold ( OANDA:XAUUSD ) started to rise after the Richmond Manufacturing Index(Actual:-20/Forecast:-2/Previous-7) index was announced, but failed to break the upper line of the ascending channel and the Resistance zone($3,451-$3,406) .
Gold has now broken through the Support lines and is attempting to break through the next Support lines and Support zone($3,394-$3,366) .
In terms of Elliott Wave theory , it appears that the main wave Y has completed above the ascending channel.
I expect that given the momentum of gold's decline , gold will be able to break the Support zone($3,394-$3,366) and Support lines and fall to at least $3,356 . The next target could be the lower line of the ascending channel .
Note: Stop Loss (SL) = $3,423
Gold Analyze (XAUUSD), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅ ' like ' ✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
As the bull market continues, is gold poised to hit new highs?Judging from the current gold trend, the technical side opened high and closed low, releasing the demand for short-term adjustments. The intraday low hit 3344 and then rebounded, which is enough to reflect the resilience of the bulls. The hourly doji continued to rise, and the 3353 line was pulled up again. It is expected that it will be difficult to give an entry opportunity near 3340-3345 again. Since the new high has been refreshed again, the technical short-term adjustment may have ended. With the current strong bull structure, further testing the 3370-3380 area is a high probability event. If it unexpectedly falls below 3340 in the future, the bulls will no longer defend strongly, and the market may turn to volatility. Breaking below 3340 is also expected to open up short-term short space, but this is a later story. The current market structure is clear, and we continue to see a strong upward trend for the bulls. At least at the beginning of the week, I do not think the bull market is nearing its end.
Gold operation suggestion: go long around 3360-3355, target 3370-3380.Strictly set stop loss and control your position.
XAUUSD Smart Money Technical Analysis – Bullish Potential XAUUSD Smart Money Technical Analysis – Bullish Potential from Strong Support
Gold (XAUUSD) is currently trading around $3,291.780, showing a potential bullish reversal setup from the strong support zone after a clear liquidity sweep and market structure shifts.
🔍 Key Technical Highlights:
✅ Strong Support Zone (Demand)
Price is reacting from a major demand zone (Strong Low) between $3,275 – $3,225, a level that previously triggered bullish rallies.
Multiple Breaks of Structure (BOS) and CHoCH indicate previous bullish control and a possible re-accumulation phase.
✅ CHoCH Near Support
A recent Change of Character (CHoCH) around the support area shows the first signs of smart money accumulation.
Liquidity below recent lows has been swept, triggering possible bullish intent.
✅ Bullish FVG (Fair Value Gap)
A clear Bullish FVG remains unmitigated around the mid-range, offering target confluence at $3,349.560.
Price may aim to rebalance inefficiency and fill the FVG as part of the bullish move.
✅ Resistance Zone Above
The resistance area near $3,325 – $3,350 acts as a short-term target for long positions.
Further resistance lies at the Buy-Side Liquidity & Weak High zone around $3,450 if momentum sustains.
🧠 Smart Money Concept Interpretation:
Liquidity Grab: Price dipped into strong demand to collect sell-side liquidity before potential reversal.
CHoCH + BOS Alignment: Indicates the market may now transition into a bullish phase.
FVG as Magnet: Price is drawn toward unfilled value zones—ideal for bullish target projection.
🎯 Trade Idea (Educational Purposes Only):
Bias: Bullish
Entry: Around current zone ($3,290)
Target: $3,349.560 (FVG zone)
Invalidation/SL: Below strong low (~$3,225)