Gold May 01 levels , buy and sell No big write up am travelling but bias would be bullish for the week
GOLDCFD trade ideas
Up again for goldHi traders,
Last week gold made a bigger pullback for wave 2 (updated wavecount).
So next week we could see the next impulse wave 3 (blue) up.
Let's see what price does and react.
Trade idea: Wait for a change in orderflow to bullish and an impulse wave and correction down on a lower timeframe to finish and trade longs again.
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
Learn What Time Frame to Trade. Gold Forex Trading Basics
If you just started trading, you are probably wondering how to choose a trading time frame.
In the today's post, I will go through the common time frames, and explain when to apply them.
1m; 5m, 15m Time Frames
These 4 t.f's are very rapid and are primarily applied by scalpers .
If your goal is to catch quick ebbs and flows within a trading session, that is a perfect selection for you.
30m, 1H Time Frame
These 2 are perfectly suited for day traders.
Executing the analysis and opening the trades on these time frames,
you will be able to catch the moves within a trading day.
4h, Daily Time Frames
These time frames are relatively slow .
They are mostly applied by swing traders, who aim to trade the moves that last from several days to several weeks.
Weekly, Monthly Time Frames
These time frames reveal long-term historical perspective and are mostly used by investors and position traders.
If your goal is to look for buy & hold assets, these time frames will help you to make a reasonable decision.
📝When you are choosing a time frame to trade, consider the following factors :
1️⃣ - Time Availability
How much time daily/weekly are you able to sacrifice on trading?
Remember a simple rule: lower is the time frame, more time it requires for management.
2️⃣ - Risk Tolerance
Smaller time frames usually involve higher risk,
while longer-term time frames are considered to be more conservative and stable.
3️⃣ - Your Trading Goals
If you are planning to benefit from short term price fluctuations you should concentrate your attention on lower time frames,
while investing and long-term capital accumulation suite for higher time frames.
Time frame selection is nuanced and a complex topic. However, I believe that these simple rules and factors will help you to correctly choose the one for you.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GOLD → Retest support before news...FX:XAUUSD is in a correction phase amid a rising dollar. The price is heading towards the liquidity zone, which may support gold. Markets are awaiting PCE data...
Gold is back in the red: PCE inflation and tariff news will decide everything. On Friday morning, gold fell, retreating from its recent rebound from weekly lows of around $3245. The price is under pressure from the strengthening US dollar, which was supported by court rulings on Trump's tariffs, but the situation around tariffs remains tense on all sides...
The focus is on PCE inflation data. A weaker result could weaken the dollar and support gold. Traders remain cautious in anticipation of volatility.
Support levels: 3282, 3270, 3260
Resistance levels: 3325
A retest of 3282-3270 could end in a false breakdown, but only if the fundamental backdrop is against the dollar, which would only support the price of gold. The price is most likely to be stopped by trend support, but no one can rule out the fundamental factor of surprise...
As a target, during a bullish impulse, it is worth considering intermediate highs...
Best regards, R. Linda!
GOLD → False breakdown and support from the falling DXYFX:XAUUSD , as part of a correction, confirms the upward trend line and returns to the consolidation (range), making a false breakdown of support amid the dollar's correction...
The US dollar remains stable thanks to the Fed's hawkish minutes and the court's decision to block Trump's tariffs. Investors are waiting for Friday's inflation data (PCE), which could weaken the dollar and give gold a chance to rebound. Additional influence will come from US GDP data, jobless claims, and geopolitical news.
On D1, gold is rebounding from strong support and heading towards resistance at the rising trend line. If economic risks remain high, gold could continue its rally despite conflicting bearish patterns...
Resistance levels: 3300, 3310, 3325
Support levels: 3290, 3285, 3265
Gold is forming a false breakdown of support at 3265 as part of a correction and confirming the lower boundary of the upward channel. Consolidation above 3280 will confirm that bulls are holding the market amid high economic risks. Gold may test 3300-3310 and form a correction before continuing its growth towards 3325.
Best regards, R. Linda!
Trading Signals for GOLD sell below $3,286 (200 EMA-21 SMA)Early in the American session, gold is trading around 3,302 within the bearish trend channel formed on H1 charts since May 23.
The yellow metal is likely to continue its bearish cycle in the coming hours if the price consolidates below the 21SMA or below 3,310.
If its bearish cycle continues, we should expect gold to fall below 3,310. Then, it could reach the 6/8 Murray line at 3,269 and even fall to the bottom of the bearish trend channel around 3,245 and finally at 3,218.
On the other hand, if the price consolidates above the 21SMA, the outlook could be positive, and we could buy with targets at the 7/8 Murray line at 3,360.
For confirmation of the bullish cycle, we should expect a break above 3,320.Then, gold could continue rising and reach 3,360 AND EVEN CLIMB TO THE 8/8 Murray at 3,437.
The indicator is showing a negative signal, so we believe gold could continue falling in the coming days, reaching the level around 3,200.
Gold Update – Has the Downside Ended or Just Taking a Break?📉 What happened yesterday on Gold (XAUUSD)
I started the day under a good omen – 🎯 my 3250 target being hit perfectly.
However, what initially looked like a standard correction turned into a stronger bounce.
Gold broke back above my re-selling zone and even pushed above 3310, triggering my stop loss, and worth nothing that we are now back under 3300- I take it like a man and move forward:).
❓ Has Gold finished with the downside, or is this just a pause before another drop?
🔍 Reasons to expect more downside:
- Although Gold reversed strongly from the 3250 support, the confluence resistance around 3330 capped the move, and sellers stepped in, dragging the price back under 3300.
- The fact that price returned to support so quickly signals weak bullish momentum – buyers couldn’t sustain the rally.
- Gold failed to stabilize above the 3330 zone, which would’ve been a key bullish sign – instead, it got rejected.
- And here’s the part that doesn’t sit right – Gold came back to the 3290 zone too easily, as if the market wanted to offer a second chance to buyers who missed the initial bounce. That usually doesn’t end well.
🧭 Trading Plan
I’m currently out of the market after the stop loss hit, but my bearish bias remains unchanged.
Watching the 3280–3290 area closely – if we drop back below, I’ll look to re-enter short trades.
🚀 Final thought
Yesterday’s move reminded me who’s boss – the market . But unless bulls break key resistance and hold above, the bearish case still has more to say.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Gold Price Analysis June 3D1 candle confirms strong price increase by breaking the previous selling zone around 3365 and breaking the trendline structure
On the h4 time frame, it shows quite nice price increase waves. On h1, it shows that this morning's Asian session has profit-taking waves from sellers, leading to gold prices worth retesting important support zones.
3353 has reacted once, many zones are considered buying opportunities today. 3332, 3325, 3315 are considered price reactions for long-term BUY signals today, which can push up to 34xx
If 3353 remains stable, Gold will push up to 3390 to react once before touching the daily resistance zone around 3408
Gold Forming a Bulllish Flag- Wacthing for Breakout ConfirmationThis chart shows a potential bullish flag pattern forming on the daily timeframe for Gold Spot (XAU/USD). The pattern is composed of a strong flagpole (an impulsive upward move), followed by a descending consolidation channel, which represents a correction phase.
The price is currently moving within the flag’s range. A breakout above the flag’s resistance trendline would confirm the bullish continuation pattern, potentially targeting levels above 3,500 USD. Until a confirmed breakout occurs, price action may continue to consolidate within the flag structure.
Flagpole: Sharp upward rally from mid-March to mid-April 2025
Correction: Downward sloping parallel channel
Breakout Level: Around 3,300–3,320 USD
Volume: Decreasing during the correction, which aligns with bullish flag behavior
Suggested Action: Monitor for breakout confirmation before entering long positions
This chart is for educational and technical analysis purposes only. Always use proper risk management.
Can Gold Break Out? Inverse Head & Shoulders Setup on 15-min📊 XAUUSD 15-min Analysis – Inverse Head & Shoulders Pattern Forming
Gold (XAUUSD) appears to be forming a classic inverse head & shoulders pattern on the 15-minute chart. The neckline is observed around the $3296 level, with visible symmetry between the shoulders and the head.
A potential breakout above the neckline could push price toward the estimated target of ~$3329. However, it's important to watch for volume confirmation at the breakout point — volume spikes often add credibility to these patterns.
Support remains near the $3248 level — if price breaks below the head, this pattern would be invalidated.
🟡 Key Levels:
Neckline: $3296
Target: ~$3329 (if neckline breakout holds)
Support: $3248
⚠️ This is an educational chart for technical analysis learning purposes only — not financial advice.
#XAUUSD #Gold #TechnicalAnalysis #ChartPatterns #InverseHeadAndShoulders #Breakout
XAUUSD: Market Analysis and Strategy for May 30Gold technical analysis
Daily chart resistance level 3350, support level below 3260
Four-hour chart resistance level 3350, support level below 3280
One-hour chart resistance level 3325, support level below 3290
1-hour chart Bollinger Bands open downward, 4-hour chart RSI (50) neutral, ADX (35) trend momentum weakened, below $3280 will accelerate downward. MACD green column shrinks, RSI (45) neutral to weak, if it fails to break through $3305, the bearish trend will continue. The first target is around 3280.
NY time announced the annual rate of the US core PCE price index in April. Pay attention to the 3280~3320 range, sell high and buy low. After the news data is released, if the data exceeds expectations, the gold price will fall below the 3280 support, or fall to 3250-3245 US dollars, and you can follow the trend to short; if the data is weak, it may hit 3330-3345 US dollars after breaking through 3320.
SELL: 3320near SL: 3325
BUY: 3280near SL: 3275
Daily live trade with XAUUSD in 15m/30m/1h 20250530Daily live trade with XAUUSD in 15m/30m/1h 20250530
Today's gold price: short again after falling below 3300Today's gold price: short again after falling below 3300
This will be my last participation in the market this week and my last belief.
Sell: 3295-3300
Stop loss: 3325
Target: 3250-3220-3200
The repeated fluctuations in the past two days are really heartbreaking. Even as a professional trader, I feel exhausted.
This week is another dull week. Trump's changes in instructions caught people off guard.
But trading is like this, always back and forth, and many times, we can't fully control it, but are controlled by it.
In order to seize as many time periods as possible that can control the fluctuations in gold prices, I often maintain a rhythm, trade only a few signals a day, and only trade in specific time periods that I can understand.
And strictly control stop loss and take profit, and use one month's data to calculate all my profits and losses.
After talking about mentality, let's analyze the price of gold:
Fundamental core:
Policy repetition and risk aversion
The US federal court ruled to suspend Trump's tariff policy, but the federal appeals court subsequently agreed to suspend the implementation of the ruling. Policy uncertainty leads to fluctuations in market risk aversion demand.
The White House said it would explore other legal ways to levy taxes, which exacerbated expectations of policy chaos and strengthened the attributes of gold as a safe-haven hedge tool.
Economic data and Fed policy
Weak employment data: As of the week ending May 24, the number of first-time unemployment claims in the United States surged by 14,000 to 240,000 (expected to be 230,000), suggesting a weak labor market and the probability of a rate cut in September rose to 84.4%.
Minutes of the Fed meeting: Keep interest rates unchanged, but acknowledge the risk of stagflation with "inflation and unemployment coexisting", and policy differences have intensified.
Geopolitical risks and long-term support
The situation in the Middle East (Israel may attack Iran's nuclear facilities) and the continued conflict between Russia and Ukraine have limited the decline in gold prices due to geopolitical premiums.
Central banks around the world have strong demand for gold purchases: China's gold imports in April hit an 11-month high. In 2024, global central banks will purchase more than 1,000 tons of gold, which will support gold prices in the long term.
2. Key technical points
Support level:
Short-term: 3280-3290 (4-hour Bollinger band middle track + psychological barrier).
Medium-term: 3250 (50-day moving average, if it falls below, it may fall to 3217).
Resistance level:
Short-term: 3335-3340 (previous high pressure area).
Breakthrough target: 3350 (opening the channel to 3400).
Key events:
US core PCE data for April: If inflation is lower than expected (previous value 2.8%), expectations of interest rate cuts will increase, which is good for gold; if it exceeds expectations, gold prices may fall below 3250 points.
Sudden change in geopolitical situation: Israel's attack on Iran's nuclear facilities may cause the gold price to surge 5% in a single day, breaking through 3,400 points.
Bearish drop?The Gold (XAU/USD) has reacted off the pivot and could potentially drop from this level to the 1st support.
Pivot: 3,237.46
1st Support: 3,239.71
1st Resistance: 3,415.22
Risk Warning:
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Gold Surges After Trade Deal – What’s Next?OANDA:XAUUSD has recently shown a strong upward trend, supported by both a technical breakout structure and positive fundamental developments. After a prolonged rally from the lows of the previous weekend’s close, it has decisively broken through the key resistance zone between $3,365 and $3,370, which has now been clearly removed. With this breakout, the structure confirms the upward momentum and the expectation is to retest this newly formed support zone before continuing the uptrend.
The price is currently around $3,368 and a pullback to the $3,365 to $3,370 zone will offer a high-probability buying opportunity. This aligns with classic price behavior: after a breakout, the market often returns to test the former resistance level, which has now turned into support. If we see it retest, it would confirm the technical setup for a continued move toward the projected target of $3,470.
From a fundamental perspective, the Chinese Ministry of Commerce issued a statement refuting accusations from the US of violating the bilateral trade agreement (published on June 2, 2025), claiming these allegations are "groundless." According to the reached agreement, the US agreed to reduce tariffs on Chinese goods from 145% to 30% within 90 days. In return, China also pledged to lower tariffs on US goods from 125% to 10% over the same period. President Donald Trump stated over the weekend that China had not complied with the agreement and warned of increased tariffs on steel and aluminum this week.
Additionally, the ongoing Russia-Ukraine conflict continues to escalate, increasing pressure on risk assets and supporting gold prices. Tim Waterer, Chief Market Analyst at KCM Trade, commented that with rising trade and geopolitical tensions, it’s no surprise that gold has started the new week with an upward trend.
From a technical standpoint, the overall structure remains bullish. The breakout is clear and supported by volume. Any deeper pullback that breaks below $3,335 would invalidate the short-term bullish trend, as it would signal a failure to hold above the former resistance level and could mean the beginning of a deeper correction toward trendline support.
In conclusion, the current market behavior suggests it is in the process of forming a bullish continuation, supported by the clear breakout above previous resistance, rising geopolitical and trade tensions.
The price is likely to retest the breakout zone, offering a potential long setup forecasting a move higher if momentum remains strong. The technical picture is supported by future growth plans, making it a safe-haven asset to watch closely in the coming weeks to confirm the pullback and continuation.
#GOLD Buy 3272 - 3260#GOLD Buy 3272 - 3260
Stoploss 3236
Breakeven 3272.5 pips
TakeProfit 1: 3274
TakeProfit 2: 3282
TakeProfit 3: 3296
TakeProfit 4: 3308
TakeProfit 5: 3320
Trade at your own risk
Protect your capital
The Wizard 🧙♂️ FDT
Wed 28 May 25' 09 PM EST
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
A good start to the day with us hitting not only the red box target we wanted but completing the Excalibur target that was active giving a nice long. After that, we identified the pull back into the bias level 3305 which only gave us a 50pip bounce into the target. We then said price shouldn't go back to 3310, if it did we would break, which consequently happened, thankfully we had stopped trading and called it a day by then.
The range continues and price is accumulating, this range now with support 3290 and resistance 3310 could be the play towards the end of the session, so anyone long, we would say watch this levels on the red boxes for a break either side.
As always, trade safe.
KOG
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
It's been a fantastic start to the week with the red box holding nicely to give traders the short trade using the red boxes and KOG's target levels, which are all completed for the week here.
We now have support below at the 3285 level which if continues to hold, should give traders another opportunity into that 3306-10 region. We've already taken one into 3304, so for us no more trading until tomorrow. That's the level to watch in our opinion for a potential flip.
As always, trade safe.
KOG
Gold is in the bullish direction after correcting the supportHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
XAUUSD BULLISH OR BEARISH ------ DETAILED ANALYSISXAUUSD is currently forming a classic bullish flag pattern on the 12-hour timeframe after a strong impulsive rally from the 3145 demand zone. The consolidation is tight and orderly, holding above the key structure zone and forming lower highs and lower lows within the flag. This setup indicates a continuation pattern, and with price stabilizing around 3315, a breakout to the upside is increasingly likely. A clean breakout from the flag will likely ignite the next bullish wave toward the 3500 level.
From a fundamental perspective, gold remains supported amid renewed market concerns around inflation persistence and global macro uncertainty. The latest US economic data, including slower job growth and declining consumer sentiment, is increasing speculation that the Federal Reserve might be nearing the end of its tightening cycle. This is weakening the US dollar and boosting safe-haven demand for gold. Additionally, central banks, particularly from China and emerging markets, continue to increase gold reserves—adding to long-term bullish sentiment.
Technically, XAUUSD has already respected a strong demand zone around 3145 multiple times, which reinforces that institutional buyers are defending this area. The market structure remains bullish, and higher lows continue to form, aligning with a potential trend continuation. If price breaks above the flag resistance around 3325–3330 with volume confirmation, the bullish target of 3500 could be reached swiftly.
As long as gold holds above the 3270–3280 support zone, the risk-reward setup remains favorable for long positions. With a confluence of strong fundamentals and a high-probability technical pattern, XAUUSD is setting up for a potential breakout rally. Traders should watch closely for breakout confirmation to ride the momentum toward new highs in this evolving bullish trend.
Why You Should Trade Zones, Not Points – Especially on XAUUSDIf you've been trading Gold (XAUUSD) for a while, you’ve likely noticed something strange in many analyses online. Support at 3256.73? Resistance at 3352.14?
Really? That precise?
This kind of fixed-point trading might look good on a chart, but it doesn't work in a real, volatile market — especially not in 2025.
I've been trading Gold as my primary asset for over a decade, and if there's one thing experience — and logic — have consistently shown me, it's this: you should trade price zones, not fixed points. Let me explain you why.
________________________________________
🔍 1. Gold Is Not a Low-Volatility Asset
Gold isn't EURUSD. It doesn't move in clean 20-30-pip increments. It's volatile, reactive, and sensitive to everything from Fed rate rumors to random tweets and global conflicts.
Over the past months, volatility has spiked — and not just because of economic data. We’re seeing:
• Geopolitical uncertainty that escalates and de-escalates overnight
• Macro shifts in interest rate expectations almost weekly
• Market sentiment changing faster than ever
In this environment, the idea that price will reverse exactly at 3352.14 is pure fantasy.
________________________________________
📏 2. Percentages Matter More Than Pips Now
Back when Gold was around $2000, a 200-pip move meant a 1% change in price.
Now, with Gold trading above $3300, the same 1% move is 330 pips.
So, if you're still treating 30–50 pips like a serious target on Gold, you're not adjusting to reality. You're chasing crumbs in a storm.
I’ve written before about why you shouldn't trade Gold for small 30–50 pip moves. It’s no longer a high-probability game — the math doesn’t work. You’re either over-leveraging or underperforming.
________________________________________
📈 3. Price Zones Are Where the Smart Money Trades
Markets aren’t binary. They don’t care about your exact number.
They care about liquidity zones — where enough buyers and sellers are willing to transact in volume.
Here’s how professionals approach it:
• Support isn’t a number — it’s a range.
• Resistance isn’t a line — it’s a battle zone.
When you analyze Gold, think in ranges like 3280–3290 or 3320–3330. This is where price breathes, traps traders, and makes real moves.
Fixed points create unrealistic expectations and false confidence.
________________________________________
🧠 4. Emotion Kills Precision in Real Time
In live trading, you’re not a machine. You’re a human reacting to candles, tweets, and news.
Waiting for an entry at exactly 3352.14 often means:
• You miss the move entirely
• Or you force a bad entry when price front-runs your level
But when you use zones, you give yourself the flexibility to act within context, not dogma.
You can read the candle behavior inside that zone, you can spot exhaustion, you can scale in or out — you become tactical, not rigid.
________________________________________
✅ Final Thoughts: Adapt or Stay Frustrated
If you want to trade Gold successfully in this current market, you must adapt:
• Use zones instead of pin-point levels
• Adjust your expectations to the new pip-to-percentage dynamics
• Respect the volatility and macro backdrop
The traders who will survive are not the ones with the cleanest lines on their charts. They’re the ones who know how to handle chaos with structure, using zones as flexible tools, not false certainties.
🎯 Start thinking in ranges, not numbers. That’s where the edge is.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
XAUUSD selling pressure Current XAUUSD (Gold) Bias: SELL
Sell Below: 3365/64
Targets: 3350 → 3340/3330
Resistance: 3375–3378
Support: 3350/40/30
Why SELL?
1. Price Rejection at Resistance: Gold failed to break above the 3390–3395 resistance zone, showing strong selling pressure.
2. Bearish Momentum: Lower highs and lower lows are forming—a classic bearish pattern.
3. Stronger Dollar/Yields: If U.S. dollar strength or bond yields rise, gold usually drops as it's less attractive compared to interest-bearing assets.
4. Technical Indicators: Indicators like RSI and MACD on the 1H/4H charts are showing bearish divergence or downward momentum.
Conclusion: As long as gold stays below 3395–3394, the bias is bearish. Best strategy: look for sell entries near resistance, target 3335 and 3330
Let me know if you want live chart analysis or signals.
