GOLD SELL ZONE The $3271:$3272 sell zone for gold might be due to several factors:
- *Resistance Level*: This price range could be acting as a resistance level, where gold prices face selling pressure or struggle to break through.
- *Profit-Taking*: Investors might be selling gold at this price range to secure profits, especially if they've seen significant gains recently.
- *Technical Analysis*: Traders may be using technical indicators, such as moving averages or Relative Strength Index (RSI), to identify $3271:$3272 as a selling opportunity.
- *Market Sentiment*: Shifts in market sentiment, driven by news or economic data, could lead to increased selling pressure around $3271:$3272.
GOLDCFD trade ideas
GOLD / XAUUSD: Breaking the down channel (correction wave)Therefore, if the 21-day SMA holds in the event of a weak US Non-Farm Payroll (NFP) report, a rebound toward the immediate static support-turned-resistance at 3260 could occur.
A sustained move above that level would encourage Gold buyers to push further toward the former channel support, now acting as resistance, at 3405.
Gold Eyes Upside Break – Bullish Outlook for Swing TradersGold (XAUUSD) continues to show strength on the 4-hour chart, maintaining its bullish structure and offering a compelling opportunity for swing traders. The market has recently rejected a key support zone, confirming buyer interest and momentum continuation.
Key Technical Observations
Support Zone Rejection: Price strongly rejected the $3,199–$3,265 support zone, forming a clear bullish response. This zone also coincides with the rising trendline, adding strength to the support.
Trendline Confirmation: The dotted green ascending trendline has been respected multiple times, reinforcing the ongoing uptrend.
Consolidation Breakout: After consolidating for nearly 3 days, price broke above the range, confirming bullish intent.
All-Time High Target: The next major resistance lies near the all-time high at $3,504, which acts as the primary upside target.
Trade Setup
Entry Level: $3,338 (after breakout from consolidation)
Take Profit (TP): $3,504
Stop Loss (SL): $3,265
Risk-Reward Ratio: Approximately 2.28
Gold is clearly bullish on the 4-hour timeframe. The trendline bounce, support zone defense, and breakout from consolidation provide a solid basis for swing traders aiming to capture a move toward the all-time high. As long as price remains above the $3,265 level, bullish positions remain valid.
Will gold fall? Here comes the latest analysis.Technical analysis:
Gold fell rapidly in the morning and then bottomed out and rebounded. When the price broke through $3,324, it began to rise. The weak market will not rebound significantly. When the rebound that engulfed the decline appears, it will continue to rise. However, it should be noted that gold has been fluctuating at a high level for a week. It rose sharply on Monday and Tuesday, fell sharply on Wednesday and Thursday, and it is still fluctuating sharply today.
For the current trading market, I think the price of gold will continue to rise in the fluctuation. After the hourly cycle breaks through the $3,324 position, the market will gradually increase today, and there is room for further upward continuation. I think short-term trading is still mainly long; after the rebound high, you can choose a short strategy.
Action suggestions:
Long strategy: Go long at US$3330, stop loss at US$3320, and take profit at US$3360-3370.
Short strategy: short at $3,365, stop loss at $3,380, take profit at $3,300-3,310.
Gold rebounds despite trade optimism - levels to watchBased on the fact that equity markets have surged higher amid trade optimism, one would have expected gold to head lower. Well, it did fall in the last couple of days but it was trading near the session highs at the time of writing, up more than 1.1% on the session. The US dollar had weakened after staging a rally the day before, while the situation between India and Pakistan also probably played a role. But one has to wonder whether a rug pull is on the way soon. Keep an eye on potential resistance around 3345-50 area...support comes in at 3320 - if we break this level then a revisit of the overnight lows could be on the cards.
By Fawad Razaqzada, market analyst with FOREX.com
GOLD → sideways fluctuations. Will it break the resistance levelNews summary:
US President Trump announced a trade agreement with the UK, which raised hopes of reaching such an agreement with other countries, eased market tensions, suppressed gold's safe-haven buying, and the rise in the US dollar, US stocks and US bond yields also suppressed gold prices. US Treasury Secretary Bensont and Trade Representative Greer will talk with China's top economic officials in Switzerland in the near future.
Quaid reminds everyone that market concerns have not completely dissipated, and it is necessary to pay attention to the support of bargain hunting. The European Commission said earlier that if negotiations with Washington fail to cancel a series of tariffs imposed by US President Trump, the EU is considering taking countermeasures against US imports worth up to 95 billion euros. Close attention needs to be paid to news related to the international trade situation and changes in market sentiment during this trading day.
Support level analysis:
3310-3300 US dollars/ounce: 3300 US dollars is a psychological barrier and technical support for the confirmation of the previous price retracement. If it falls below 3300, it may fall to the 3280 US dollar area.
Resistance level analysis:
3360-3375 USD/ounce: Gold is currently above the convergence and oscillation range. 3360-3375 USD is the high pressure level of the previous day's box consolidation. If it breaks through this position strongly, the upward space will open up.
Technical analysis:
Gold is in a high-level oscillation and convergence range. The 4-hour MACD indicator shows that the short-selling momentum is weakening, but the hourly chart shows that the price is still constrained by the downward trend line. If gold prices stabilize at $3,300, it may trigger a rebound to $3,350-3,360; if it falls below $3,280, it may accelerate the downward trend. if it falls below 3280 USD, it may accelerate the downward trend.
Operation strategy:
Bull strategy: Long at 3315-3325 USD, stop loss at 3305 USD, target position at 3350-3360 USD.
Short strategy: short at $3365-3375, stop loss at $3380, target position at $3330-3300.
XAU/USD: Institutional Accumulation or New Bearish Impulse?Technical Context:
The graphical analysis shows that the price of gold (XAU/USD) is currently consolidating within a significant demand zone following the recent bullish impulse. The daily chart shows an attempt to bounce off the 3,300 USD zone, a key psychological level.
Volume and COT Analysis:
The latest COT data (April 29, 2025) indicates a slight reduction in long positions by non-commercial operators (-18,519 contracts), balanced by an increase in commercial long positions (+1,659 contracts), signaling potential institutional accumulation.
On the retail sentiment front, traders are slightly more exposed to the downside (51% short vs. 49% long), which could indicate a potential short squeeze if the price resumes an upward trend.
Seasonal Trends:
According to data, May historically shows mixed performances with an average of +9.83% over the last 10 years, but with significant fluctuations between longer and more recent periods.
Key Levels:
Resistance: 3,380 - 3,400 USD (previous distribution zone)
Support: 3,300 USD (current demand zone) and 3,050 USD (secondary support)
Trading Strategy:
Bullish Scenario: Buy above 3,340 USD with a target at 3,400 USD and a stop loss below 3,300 USD.
Bearish Scenario: Sell below 3,300 USD with a target at 3,050 USD and a stop loss above 3,340 USD.
Gold Technicals & FundamentalsThe chart shows gold trading inside a descending channel, with the current price action testing the upper boundary of the channel. The pivot zone around $3,320 is acting as a potential intraday resistance. Despite the recent bounce, the price has not yet broken structure or the descending channel, implying bearish control is still intact unless a breakout above the pivot occurs.
The RSI is near 41, which is moderately bearish and suggests that there is still room for a downside move before oversold conditions. The volume spike during the last bearish candle also indicates strong selling interest near the upper channel boundary.
The black arrow path suggests a probable lower high formation followed by continuation to the downside toward support near $3,260, aligning with the channel’s lower trendline.
Recent hawkish Fed comments and resilient labor market data have strengthened the U.S. dollar, which typically pressures gold lower. As long as Fed rate cut expectations are pushed further out, gold may remain under pressure.
Gold prices pulled back. Will prices continue to fall?Latest news: Trump announced a trade deal with the UK, which boosted market risk appetite; coupled with a sharp rise in the US dollar and US bond yields, gold prices plummeted in the Asian morning trading session.
US President Trump and British Prime Minister Starmer announced a "breakthrough agreement" on trade, which made market traders predict that the United States would also reach such an agreement with other countries. This prediction has made market buyers lose motivation.
Quaid believes that if the United States and China reach an agreement, gold prices will face great resistance to rise, and gold prices should fall back to $3,200/ounce.
Market trading analysis:
The upward trend of gold paused and started a sharp decline.
As described by the RSI, buyers are losing momentum. This is not good for gold, and the price has now fallen below $3,300/ounce. Quaid believes that it will continue to fall and may fall to the cycle low of $3,202/ounce.
Short-term trading strategy:
Short at 3280, stop loss at 3290, and take profit at 3260.
Quaid believes that if the price of gold falls below the downward resistance level of 3275, you can continue to hold your position and choose the right time to trade.
XAUUSD – 1h Fib Premium Rejection Setup + Liquidity Sweep📉 XAUUSD SHORT SETUP – May 8, 2025 | SMC Confluence Mastery
Gold is showing a high-probability short scenario off a premium Fib retracement zone with rejection from key structure and Smart Money reversal patterns.
Here’s why this 1h setup could be the next sniper entry for Chart Ninjas:
🧠 KEY CONFLUENCES IN THIS TRADE:
🔺 Entry in Premium Zone: Price retraced into 70.5%–100% zone and rejected cleanly
🧊 Liquidity Above: Engineered buy-side liquidity was swept before reversal
📉 Bearish Order Flow: Consecutive lower highs + break of structure (BOS)
🛠️ Entry at 78.6% zone (~$3,416.99), stop above swing high
🕳️ Targeting Deep Discount: TP at ~-62% Fib level, near $3,262.01
🚨 Risk-Reward: Approx. 1:4.5 RR — clean structure with low risk
⚙️ Trade Execution Strategy:
Look for rejection candles / breaker blocks in the 78–100% zone
Set SL just above the swing high (~$3,420)
Target full imbalance fill into deep discount zone
Manage with trailing stop after price hits 0% or -27%
📊 Setup Summary:
Timeframe: 1H
Bias: Bearish
Entry: Premium Fib Rejection
TP: -62% Fib Extension
SL: Above 100% level
RR: 1:4.5+
Confluences: Fib, Liquidity Sweep, BOS
💬 Chart Ninja Insight:
“Smart money never sells lows or buys highs. They sell where liquidity is hiding—just like this.”
Daily Analysis- XAUUSD (Thursday, 8th May 2024)Bias: Bullish
USD News(Red Folder):
-Unemployment Claims
Analysis:
-No bottom wick on daily candle
-Looking for price to retest 0.382-0.5 fib level
-Potential BUY if there's confirmation on lower timeframe
-Pivot point: 3310
Disclaimer:
This analysis is from a personal point of view, always conduct on your own research before making any trading decisions as the analysis do not guarantee complete accuracy.
Gold Long – Patience Paid OffBeen stalking this setup all session…
Price swept 30M liquidity and gave that clean CHoCH. I locked in once 5M confirmed with a juicy liquidity grab + OB mitigation. Classic SMC flow—no rush, just precision.
This is that type of move where you sit back and let the market come to you.
Entry locked, targeting those 30M highs.
Let’s ride this wave.
#XAUUSD #Gold #SMC #SmartMoney #Forex #Liquidity #OrderBlock #CHoCH #DayTrading #FundedTraderGrind
Bless Trading!
Gold operating range oscillation: 3360-3400Gold operating range oscillation: 3360-3400
Current market dynamics:
Geopolitical risks subsided, and the Asian market implemented the policy of reducing reserve requirements and interest rates: gold prices fell sharply by $70 to 3360 during the day.
Risk of the Fed's decision: The interest rate decision in the early morning is the core variable.
No interest rate cut or a tough statement may suppress the gold price to 3320-3300;
Unexpected interest rate cuts or dovish signals may push the gold price to rebound above 3430 points.
Key technical points:
4-hour chart:
Resistance level: 3436 points (78.6% Fibonacci retracement level), 3400 points (middle track pressure level).
Support level: 3386 (61.8% Fibonacci), 3350 (50% Fibonacci, key node).
Hourly chart level:
Range oscillation: 3400-3360, double bottom support at 3360 (lower channel rail), breaking through 3400 will open up the upside space.
Operation strategy:
1. Short-term short order:
Entry point: short near 3398, stop loss 3410.
Target: 3383 (initial support level), 3375 (lower edge of hourly line oscillation), final target 3360.
Logic: The market may remain cautious before the Fed's decision. If the 3400 resistance is effective, the technical retracement will be effective.
2. Long layout conditions (need to wait for confirmation):
Hold the 3360 double bottom, and go long with a light position after stabilization. The stop loss is set below 3350, and the target is 3400+.
Logic: If the Fed releases easing signals, technical resonance may trigger buying.
3. Breakthrough follow-up strategy:
Break above 3400: chase long, stop loss 3380, target 3430-3450.
Break below 3350: chase short, stop loss 3370, target 3320-3300.
Summary:
Gold is at a critical node of the game between technical aspects and news aspects.
Short-term recommendation is to focus on high-altitude below 3400, but be wary of unexpected reversals caused by the Federal Reserve.
Prudent people can wait and see for the time being, and intervene after the trend becomes clear after the decision.
If the price fluctuates rapidly, give priority to protecting the principal and avoid carrying orders.
Gold bides its time. Bulls are suppressed at high levels?
Gold is waiting for the Fed's interest rate decision.
analysis in Asian time period:
Gold opened with a sharp drop due to international news, and continued to fluctuate at a high level in the 3360-3400 range predicted by Quaid. I predicted in the early Asian session that the price of gold would rise to around 3390 and then fall back to around 3370-3360. And its trend is just as Quaid predicted and analyzed, with a correction after the predicted high point.
Now it seems that gold has fallen into a high-level fluctuation range after a sharp drop in the early Asian session, which is in line with my expectations. Quaid believes that the trend direction of the European session is very important. The current upward suppression range is between 3400-3415, and the downward support level is between 3360-3370;
On the contrary, if the European session falls below the downward support range, it may continue to fall.
But Quaid believes that the overall upward trend of gold prices has not changed. Gold prices are just accumulating strength now, and will continue to rise after the adjustment.
Overall trend analysis:
Quaid recommends that the long strategy is still the main one. If the support range of 3360-3370 can resist the downward trend, then we can still carry out the long strategy after the price falls back.
Operation strategy:
Long strategy: Go long when the price falls back to 3365, stop loss 3350, take profit range 3400-3415.
Short strategy: Go short at 3395, stop loss 3405, take profit 3360.
XAUUSD bounce?Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.