GOLD Ready to Explode? Breaking ATH Resistance – 3800 Next?!Gold is heating up! 🔥 Price just broke the daily resistance trendline and is now testing the top of the range 👀
📈 A confirmed breakout could send us flying to 3523, 3628, and even 3800+ USD!
💡 Watch for strong bullish momentum above ATH resistance.
📊 Targets marked – Risk/Reward is 🔥
💬 What’s your bias – breakout or fakeout? Drop your thoughts below!
#Gold #XAUUSD #Breakout #TradingView #PriceAction #SmartMoney #TrendlineBreak
GOLDCFD trade ideas
Continue to short goldTechnical aspect:
Although the ADP data release is a big positive for gold, the trend of gold is quite different. It only rebounded to around 3362 and then gradually fell back, which to a certain extent strengthened the effectiveness of the short-term resistance area of 3365-3375. For the time being, technical indicators alone cannot support gold to continue to rebound. After consuming a certain degree of bullish momentum, gold will continue to retreat. And I think 3340 will be broken, and even continue to the 3330-3320 area. So in terms of short-term trading, I still prefer to short gold.
Trading strategy:
Consider shorting gold in the 3360-3370 area, TP: 3345-3335.
XAUUSD:Go long
Gold in yesterday bottom pick up, back to hit a low after pumping, and then stabilize and pull up, the daily line is a single negative back to step, corrected gold continues to be bullish, short - term back to step support to see 3355-3360
Trading Strategy:
BUY@3355-60
TP:3375-80
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XAUUSD consolidation before a decisionGold FX:XAUUSD is currently hovering around 3,354 after a sharp drop from the recent high of 3,391. Sellers pushed the price down to the key support zone at 3,334–3,335, but bearish momentum has clearly weakened. The price is moving sideways with small-bodied candles and low volume, indicating the market is “holding its breath” ahead of the European or US sessions or potential market-moving news.
If this support zone holds and we see a clear bullish signal (such as an engulfing or marubozu candle), it could be a good entry for a buy position, targeting 3,365–3,370 initially and then aiming for a retest of 3,391. A safe stop-loss can be placed below 3,330. However, if price breaks below 3,334 and closes beneath it, the market may enter a deeper correction phase, with potential downside targets at 3,320 or even 3,305.
In short, this is a sensitive area where patience is key. Wait for clear confirmation before entering any trades, avoid rushing in, and stick strictly to your risk management rules.
Wishing all traders a clear mind, sharp strategy, and profitable results!
XAUUSD.market target 3330 entry point 3354 stop loss 3362Let's break it down:
- Entry Point: 3354
- Target: 3330 (24-point gain)
- Stop Loss: 3362 (8-point risk)
You're expecting XAUUSD to decline from 3354 to 3330. Risk-reward ratio looks good!
Potential reward: 24 points
Potential risk: 8 points
Let's see how it plays out! What's driving this bearish trend?
[Scalping] Short XAUUSD (June 3, 2025)Entry was 3357.62
TP is 3352.62
SL is 3360.96
RR is 1:1.5-2
This is just record purpose with new method to trade.
Please allow this test period.
**I use only session indicator.
Other than that I do not use any indicators
New method can be used only for manual trading.
Gold Continues to Rise as USD Weakens📊 Market Overview:
Gold prices are rebounding slightly after a pullback from a four-week high. The weakening USD, driven by concerns over US-China trade tensions and upcoming employment data, has bolstered safe-haven demand for gold.
📉 Technical Analysis:
• Key Resistance: $3,365 – $3,377
• Nearest Support: $3,320 – $3,290
• EMA 09: Price is above the 09 EMA, indicating a short-term uptrend.
• RSI: The RSI on the H4 timeframe is at 64.06, suggesting bullish momentum with room before reaching overbought territory
📌 Outlook:
Gold may continue its short-term rise if the USD remains weak and US employment data falls short of expectations.
💡 Suggested Trading Strategy:
SELL XAU/USD at: $3,377
o 🎯 TP: $3,357
o ❌ SL: $3,387
BUY XAU/USD at: $3,290
o 🎯 TP: $3,310
o ❌ SL: $3,280
Market Players Still Speculating Positively on GoldFrom a technical perspective, dip buying on Wednesday emerged after this week’s breakout through the $3,324-3,326 barrier.
Moreover, oscillators on the daily/hourly charts comfortably hold in the positive territory and suggest that the path of least resistance for gold prices is upwards. However, any subsequent up-move could face some resistance near the $3,380 region ahead of the $3,400 range or the multi-week highs touched on Tuesday.
Sustained strength above the latter should allow the XAU/USD pair to retest the all-time tops touched in April and make a fresh attempt to conquer the psychological $3,500 mark.
On the flip side, weakness below the $3,355 area might continue to attract some dip buying buyers and is likely to remain limited near the aforementioned resistance breakout point around the $3,326-3,324 region.
However, some follow-through selling could leave the commodity vulnerable to weakening further below the $3,300 level and test the $3,286-3,285 horizontal support.
GOLD: Target Is Down! Short!
My dear friends,
Today we will analyse GOLD together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding below a key level of 3,349.76 So a bearish continuation seems plausible, targeting the next low. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
XAU / GOLD Re-entry
🟡 Why Gold Has Been Buying:
Fundamentals:
Possible rate cut expectations from the Fed.
Geopolitical tensions or inflation concerns.
Weakening USD momentum.
Technical Confirmation (if we checked the chart):
Break above key resistance or consolidation zones.
Higher lows forming on the 4H and daily charts.
Volume supporting the breakout.
Let me break it down:
🔍 Technical Analysis Breakdown
1. Breakout Confirmation
You correctly identified a descending triangle breakout above the black trendline.
Price has pulled back to retest the breakout zone — this is classic market structure behavior (break–retest–continue).
2. Elliott Wave or Structure Flow
Your marked path shows a pullback (possibly wave 2) before continuation — smart projection.
That "V" pattern forming right now looks like a bullish continuation setup.
3. Fibonacci and Demand Zone
The retest aligns near the 38.2% or 50% retracement — high-probability reversal zones.
You also have a strong demand zone (grey box) acting as a support floor.
4. Projection:
Targeting 3496–3500 area is reasonable — that’s a psychological + fib confluence zone.
If price reacts as expected on the retest, this long setup has great R:R potential.
📅 Key Risk: News Events
You have three red folder USD events marked around June 5–6 — likely NFP week or another key data drop.
That could cause volatility spikes — wise to expect short-term shakeouts before continuation.
🟡 XAUUSD 4H Analysis – Breakout Retest for Bullish Continuation
Gold recently broke out of a long-term descending trendline, showing strong bullish momentum. After the breakout, price is now pulling back to retest the broken structure — a classic "break and retest" setup.
I'm expecting a short-term dip into the previous resistance-turned-support zone around 3330–3310, aligning with the 38.2–50% Fibonacci retracement and a key demand area.
🔵 Trade Plan:
Looking for bullish confirmation at the retest zone.
Targeting the 3496–3500 level (previous high + Fib extension confluence).
Bullish structure remains valid as long as price holds above 3300.
⚠️ Fundamental Note:
Upcoming high-impact USD news (NFP, etc.) may cause short-term volatility. Patience and tight risk management are key.
📈 Bias: Bullish
🕓 Timeframe: 4H
🔍 Strategy: Breakout → Retest → Continuation
HelenP. I Gold will drop to support level from pennant patternHi folks today I'm prepared for you Gold analytics. The chart started with a strong impulse move upward from the support zone around 3190 - 3205, where buyers stepped in and pushed the price aggressively higher. This bullish momentum continued until the price reached the trend line, which had previously acted as a dynamic resistance. Upon contact with the trend line, the market lost strength and began to compress into a narrowing formation, a classic downward pennant. Within this pennant, the price made several lower highs, suggesting waning bullish power and the buildup of pressure inside a tightening range. Sellers became more active near the resistance zone around 3365 - 3380, and each upward attempt was quickly absorbed. Now the structure shows signs of a potential breakout to the downside. Given this formation and the current price behavior near the upper edge of the pennant, I expect a minor upward movement followed by a sharp breakdown. My goal lies at the 3205 support level, where previous demand emerged. That’s why I remain bearish and see this level as a realistic goal for the next move. If you like my analytics you may support me with your like/comment ❤️
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Gold (XAUUSD) Elliott Wave Outlook: Next Bullish Surge UnderwayGold (XAUUSD) has displayed a strong bullish trend since establishing a low on May 15, 2025, forming a sequence of higher highs that signals further upside potential. The rally from the May 15 low unfolded in a clear five-wave Elliott Wave structure, completing wave 1 at $3365.93. The initial advance, wave ((i)), peaked at $3252.05, followed by a corrective pullback in wave ((ii)) to $3153.47. The subsequent rally in wave ((iii)) reached $3345.40, with a minor dip in wave ((iv)) to $3278.79. A final leg, wave ((v)), concluded wave 1 at $3365.93.
Following the completion of wave 1, a corrective wave 2 developed as a double three Elliott Wave structure. From the wave 1 high, wave ((w)) declined to $3284.40, followed by a recovery in wave ((x)) to $3325.51. The subsequent decline in wave ((y)) bottomed at $3245.20, marking the end of wave 2. Gold then resumed its upward trajectory, initiating wave 3. Within this wave, wave ((i)) peaked at $3331.11, and a pullback in wave ((ii)) found support at $3271.09. The metal has since broken above the previous wave 1 high of $3365.93, confirming the start of wave ((iii)) and signaling further upside.
In the near term, as long as the pivot low at $3246 remains intact, pullbacks are expected to attract buyers in a 3, 7, or 11-swing corrective structure, supporting additional gains. Traders should monitor these levels for potential buying opportunities, with the bullish trend likely to persist as long as key support holds.
Gold price rebounds and then falls
The current trend is similar to that of Monday. Now that the market has continued to rise, we should not rush to guess the top. The idea is to follow the trend and wait for the stagflation signal to appear before looking at the callback. At present, the turning point of this wave is roughly expected to be around 3338. After the turning point appears, I will prompt you to participate in short orders to watch the callback. The callback position is expected to be around 3312. That is, the idea of European trading is to participate in short orders near 3338, with the target near 3315; after there is a stop-loss signal near 3312 below, participate in long orders.
Gold rises and then falls, short at 3330📰 Impact of news:
1. Geopolitical situation
2. Impact of the US dollar trend on gold
📈 Market analysis:
Gold rebounded again after falling to 3301, but the upper 3330-3340 line still has strong suppression on gold. Judging from the current trend, because the gold price has risen in the short term and returned to the 3325-3327 line, the short-term resistance is still 3330-3335 and it is expected to fall under pressure. Look for the 3315-3310 position. If it falls below this support, look down to the 3300-3290 line.
🏅 Trading strategies:
SELL 3330-3340
TP 3315-3310-3300
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
Gold trading strategy todayGold fell to test the support near 3300 and then rose again, still in an overall consolidation range. Today's trading range focuses on 3290-3340, and the upper resistance area is 3340-3350. The trading strategy remains to short first and then go long.
xauusd sell@3330-3340
tp:3310-3300
Trading Gold with Leverage: Smart or Dangerous?XAUUSD trading (Gold vs. US Dollar) is a popular choice among global traders due to its high liquidity, strong volatility, and profit potential. One of the tools that help traders amplify their returns is financial leverage. However, using leverage also carries significant risks if not managed properly. So, what exactly is leverage in XAUUSD trading? Should you use it? Let’s explore the advantages and disadvantages below.
1. What is Leverage in XAUUSD Trading?
Leverage is a financial tool that allows traders to control a larger position in the market than the capital they actually own. For example, with 1:100 leverage, you only need $1,000 to trade a position worth $100,000.
In the XAUUSD market, brokers often offer leverage ranging from 1:50 to 1:500, or even up to 1:2000—depending on their risk policies and regulations.
2. Pros of Using Leverage in XAUUSD Trading
🔹 Amplifies Potential Profits
Leverage allows traders to maximize profits with a relatively small amount of capital. When the market moves in the expected direction, the gains can be multiplied significantly.
🔹 Lower Capital Requirement
Instead of needing $10,000 to trade 1 lot of gold, a trader may only need $100–$500 depending on the leverage. This lowers the entry barrier and offers greater flexibility in capital management.
🔹 Enables Strategy Diversification
With the same amount of capital, traders can open multiple positions across different timeframes or strategies. Leverage allows for broader portfolio diversification while still maintaining control over total risk.
🔹 Takes Advantage of Short-Term Opportunities
Gold markets often react strongly to news and economic data. Leverage lets traders capitalize on short-term price swings, enabling faster profits without needing to hold positions long-term.
3. Cons and Risks of Using Leverage in XAUUSD Trading
Risk of Account Blowout
The higher the leverage, the lower the safety margin. A small market move against the position can trigger a margin call or stop-out, resulting in a full loss of the initial capital.
Emotional and Psychological Stress
High leverage often leads traders to gamble instead of follow a strategy, increasing the likelihood of emotional decisions and impulsive trading behaviors.
Difficult to Manage During Volatility
XAUUSD is a highly volatile asset, especially during U.S. sessions or major news releases (like CPI, Fed announcements, NFP). Over-leveraging can lead to rapid losses in seconds during sudden price spikes.
Increased Emotional Pressure
When using high leverage, every small fluctuation feels significant, causing stress and encouraging poor decisions—like exiting too early or revenge trading.
4. Conclusion: Should You Use Leverage in XAUUSD Trading?
Yes, but only with a disciplined and strategic approach.
Use moderate leverage (e.g. 1:100 or lower if you're a beginner)
Always set clear stop-loss and take-profit levels
Risk no more than 2% of your account per trade
Avoid “all-in” trades and don’t let emotions dictate position size
In Summary
Leverage in XAUUSD trading is a double-edged sword. Used wisely, it accelerates your profit potential. Used recklessly, it can wipe out your account in moments. The key is to trade with discipline, knowledge, and a solid plan to harness the power of leverage without falling into its traps.
GOLD 3HR CHARTRelationship Between Gold, Dollar (DXY), Bond Prices, and 10-Year Bond Yields
GOLD ,early sell dropped price from 3328.9 to 3304 .the 3304 align with the ascending trendline and currently trading at 3320.break and close of the demand floor will push for more sell to around 3270-3268
1. Gold and the Dollar (DXY)
Gold is priced in U.S. dollars, so there is a strong inverse relationship between gold prices and the dollar index (DXY).
When the DXY strengthens, gold becomes more expensive for holders of other currencies, reducing demand and pushing gold prices down.
Recently, gold prices dipped about 0.4% to around $3,294/oz as the DXY shed 0.3%, reflecting a cautious market awaiting U.S.-China trade talks and reacting to stronger U.S. jobs data that tempered expectations of Fed rate cuts.
2. Gold and 10-Year Bond Yields
The 10-year U.S. Treasury yield and gold generally have an inverse relationship. Rising yields increase the opportunity cost of holding non-yielding gold, making bonds more attractive.
However, both gold and bond yields can rise simultaneously during inflationary periods or economic uncertainty, reflecting inflation expectations and safe-haven demand.
Recent data shows yields near 4.5%, with gold holding elevated levels above $3,300 and attempted 3328 on monday before dropping due to inflation concerns and geopolitical risks, despite some downward pressure from rising yields.
3. Gold and Bond Prices
Bond prices move inversely to yields; when yields rise, bond prices fall.
Falling bond prices (rising yields) often signal inflation or risk concerns, which can boost gold as an inflation hedge.
Yet, rising yields also raise the opportunity cost of holding gold, which can cap gold’s upside. This dynamic explains why the correlation between gold and bond yields has weakened recently, sometimes showing near-zero correlation .
4. Macro and Market Drivers
Inflation and Safe-Haven Demand: Persistent inflation and geopolitical tensions (e.g., U.S.-China trade talks) support gold demand despite dollar strength and rising yields.
Central Bank Buying: Central banks remain significant gold buyers, underpinning long-term price support.
Economic Data and Fed Policy: Strong U.S. jobs reports reduce expectations of Fed rate cuts, pushing yields up and dollar strength, which can pressure gold short term.
Conclusion
Gold prices in June 2025 are influenced by a complex interplay of factors: a slightly weaker dollar recently has supported gold, but rising 10-year Treasury yields and falling bond prices exert downward pressure. Inflation concerns and geopolitical risks continue to underpin gold’s appeal as a safe haven and inflation hedge. The usual inverse relationship between gold and bond yields has weakened recently, reflecting evolving market dynamics and the balance between inflation expectations and real yields.
#gold #dollar