GOLDCFD trade ideas
XAU/USD – Bullish Breakout & Wave 3 Expansion Imminent?Gold appears to have completed a corrective Elliott Wave structure (A)-(B)-(C) within a contracting wedge pattern, followed by a bullish breakout signaling the beginning of a new impulsive wave cycle.
🔹 Wave Structure Overview
The corrective decline formed a clear ABC correction inside a falling wedge, marked in red.
Following the final touch on the wedge's lower boundary, we saw a 5-wave impulsive breakout—suggesting the end of correction and initiation of a larger degree impulse wave.
Subwaves (1)-(2) appear to have completed in the new uptrend, with Wave (3) currently in motion.
🔹 Fibonacci Extension Targets for Wave (3)
Using the Fibonacci extension from the base of Wave (1)-(2):
1.13 Extension = $3,517
1.272 Extension = $3,551
1.414 Extension = $3,585
1.618 Extension = $3,635 (Primary target for Wave (3))
These are key resistance levels to watch as price progresses higher.
🟢 Bullish Scenario
A sustained break above recent resistance (~$3,345) should trigger momentum toward Wave (3)’s target range.
Price action and structure support a move toward $3,550–$3,635 in the coming days.
Minor pullbacks (Wave 4) expected before the final move into Wave 5 completion.
🔴 Bearish Invalidations
If price breaks below the current Wave (2) low (~$3,240), the bullish impulsive count may be invalidated.
Invalidation of the impulsive structure would imply either a deeper correction or re-entry into range-bound consolidation.
📌 Conclusion:
Gold is showing strong bullish momentum post-correction with a potential extended Wave (3) in progress. Breakout traders can look for continuation setups above $3,345 with targets at the Fibonacci extensions noted. Risk should be managed below Wave (2) low.
#XAUUSD #GoldAnalysis #ElliottWave #TradingView #Wave3Breakout #FibonacciTargets #GoldOutlook
XAUUSD waiting for my next buycorrection continues i already sold at 3399 and took profit at 3355, i closed it early because it s a sell trade and sell trades doesnt always hit the fibo levels, but still i am expecting price to drop around 3330-3325-3310 area i will buy there. to 35xx target dependin on where it ends.
GOLD TRADERS PAY ATTENTION! | XAUUSD 15M SUPPLY ZONE IN PLAY!Price just tapped into a key supply zone (highlighted in blue) around 3390–3395, showing early signs of potential rejection. This level has historically acted as a strong resistance, and we’re now seeing clear exhaustion on the recent bullish momentum.
🧠 What I'm Watching:
📌 Supply Zone: 3390–3395 — Price just entered this key resistance
📉 Targets Below:
3348: Mid-level liquidity grab zone
3310: Major demand zone + volume imbalance (orange zone)
⏳ Volume tapering as price approaches resistance — possible trap for late buyers?
📉 SELL IDEA (If rejection confirms):
Entry: Below 3388
SL: Above 3396
TP1: 3348
TP2: 3310
Bonus: Watch for a liquidity sweep and fakeout candle around 3395 before the real drop!
🧨 Important Clue:
The visible range POC is sitting just below 3390, aligning perfectly with the supply zone. This is a high-probability reversal confluence for intraday traders. 👀
🔥 TIP:
Watch for a break of structure below 3380 for extra confirmation before jumping in. Patience = precision!
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📊 Agree or Disagree? Drop your thoughts ⬇️
💬 Let’s discuss — is this another fakeout or real reversal? 💡 Follow for more setups like this!
#XAUUSD #Gold #PriceAction #SmartMoney #SupplyDemand #Scalping #DayTrading #ReversalZone #LiquidityGrab #FrankFx
Strong Bullish Move in GOLD will PPI push price over 3400 today?
Based on 1H price movement aligning with 4H order flow we can see Price Disrespected Bearish 1H FVG and Created Bullish FVG Close above Impulsive Bearish Manipulative Candle we must hit 3400 along with PPI Release.
Trade Carefully , Manage Your Risk. Accordingly.
XAUUSDXAUUSD (Gold Spot/USD) based on the provided chart data:
Key Data:
Current Price: 3,434.15 USD (+0.12%)
Recent Range: 3,420–3,440 (consolidation zone)
Critical Levels:
Resistance: 3,440 → 3,442.30 → 3,500+
Support: 3,420 → 3,400 → 3,380
Volume: 32.62K (+1.40% increase)
Trading Plan:
1. Neutral Stance (Wait for Confirmation)
Price is trapped in a tight range. No clear trend → High risk of false breakouts.
2. Buy Signal (If Confirmed)
Trigger: Sustained breakout above 3,440 (close > 3,442.30 reinforces validity).
Target: 3,460 → 3,480 → 3,500.
Stop-Loss: Below 3,430 (or 3,425 for tighter risk).
3. Sell Signal (If Confirmed)
Trigger: Breakdown below 3,420 (close < 3,418.00).
Target: 3,400 → 3,380 → 3,360.
Stop-Loss: Above 3,435 (or 3,440 for aggressive entries).
Critical Risk Notes:
✅ Tight Stops Essential: Use 5-10 point SLs (volatility risk).
✅ Volume Check: Only trade breakouts with rising volume.
✅ POE Alert: The Point of Control (POE) at 3,338.63 hints at deeper downside potential if 3,420 breaks.
❌ Avoid Forced Trades: No trade > low-risk opportunity.
Why This Approach?
Gold is testing mid-range levels after a minor uptick. Without a decisive move above 3,440 (bullish) or below 3,420 (bearish), patience is optimal. Monitor for:
U.S. dollar strength & Fed policy cues.
Geopolitical/news triggers (gold is sensitive to risk sentiment).
Final Call: 🟡 Wait for 3,420 or 3,440 break before acting.
Stay disciplined! 🚦
Gold Ready for Bullish MoveXAU/USD 15-Minute Analysis – Bullish Continuation Setup
Gold is forming a bullish structure above the support zone near 3427.100. Price has bounced from a demand zone and is now consolidating just below resistance. If the support holds, a bullish move toward the 3446.880 target area is expected. However, if price dips to retest 3427 and holds, it may offer a new long entry opportunity.
Key Levels:
• Support Zones: 3427.100 and 3419.215
• Resistance Target: 3446.880
• Outlook: Bullish above 3427
Gold Rises Amid Growing Economic RisksXAU/USD (Gold) Rises Amid Growing Economic Risks
Gold surged 1.5% on Friday during Asian trading as investors sought refuge amid escalating geopolitical tensions between Israel and Iran. The safe-haven demand pushed gold prices closer to a 7-week high. If the conflict intensifies further, prices could potentially reach the $3,500 mark.
Resistance zone 3450 / 3480
Support Level 3420 / 3410
Technically if the gold consolidation 3420 above continues to start the resistance Growth may continue you may see more details in the chart.
Ps Support with like and comments for more analysis.
This chart is a 15-minute candlestick chart for CFDs on Gold (USSure! Here's another idea for trading this Gold (XAU/USD) chart based on what we see — this time, a bearish scenario that challenges the current bullish setup. This provides a contrarian view or alternative strategy in case the bullish pattern fails.
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🟥 Alternative Idea: Bearish Rejection from Resistance
🔍 Rationale:
The price is currently testing the previous resistance zone around 3,433–3,435.
The upward movement might be a lower high in a downtrend.
There’s potential for a fakeout or bull trap, especially if volume does not support the breakout.
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🛠️ Setup: Short Trade
Entry: Around 3,433 – 3,435, if price shows rejection (like a bearish engulfing or pin bar)
Stop Loss: Above recent swing high ~3,445
Take Profit: Near 3,410 – 3,406 (previous demand area)
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⚖️ Risk-Reward:
Risk: ~10–12 points
Reward: ~25–30 points
✅ RR Ratio: ~2.5 to 1
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🧠 Confirmation to Look For:
Bearish candlestick reversal patterns (e.g., shooting star, bearish engulfing)
Decreasing volume on the last push up
Divergence on RSI or MACD (if available)
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📉 Possible Outcome:
If gold fails to break above the current level and falls below 3,420 support, it could lead to a deeper correction — especially if USD strengthens or risk sentiment turns negative.
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Would you like a visual sketch of this bearish setup on the same chart, or want me to simulate it with indicators like RSI, MACD, or Fibonacci retracement?
GOLD (XAUUSD): Waiting for a Bullish ConfirmationGiven the recent news in the Middle East, I believe you'll agree with me that ⚠️Gold will likely to rise more.
Your confirmation wound be a bullish breakout above the neckline of an ascending triangle pattern, along with an hourly candle closing above 3447.
This would serve as a key indicator, potentially driving prices toward the current all-time high.
XAUUSD LONG ITGreetings traders this is my analysis on XAUUSD and it is Long
🧠 Technical Breakdown:
Head & Shoulders Formation:
A clear Head and Shoulders pattern is visible, with:
Left Shoulder forming around April 14–15,
Head peaking on April 18–19,
Right Shoulder forming April 23–24.
This is a classic bearish reversal pattern, which played out as expected.
Elliot Wave Structure:
An Elliot Wave impulse followed by a corrective wave appeared right after the head formation.
The market then entered a downtrend, completing a retracement toward the support zone (3172).
Previous Idea Target Hit:
The price reached the previous target area, confirming the validity of earlier projections (noted in blue rectangle on May 7).
Current Market Structure:
After bouncing from support, the market entered a consolidation phase (early June), signaling indecision.
A short-term dip toward the minor support at 3290 is possible before a projected bullish move.
🔮 Forecast:
Expect a short-term pullback to the support zone around 3290.
If buyers step in at that level, we could see a bullish continuation toward the resistance/target level of 3441.
Confirmation will depend on how price reacts at the minor support and if a breakout from consolidation occurs.
🛠️ Key Levels to Watch:
Support Levels:
🔴 3172 (Major)
🔵 3290 (Minor – Potential bounce zone)
Resistance/Target:
🟢 3441 (Target from consolidation breakout)
✅ Trade Plan (Not Financial Advice):
Bullish Scenario: Look for bullish reversal candlesticks at 3290 for long entries.
Bearish Scenario: A break below 3290 invalidates the idea — watch for potential retest of 3172.
Dear Traders like,comment let me know what do you think?
CPI, US inflation, gold price waiting to decrease⭐️GOLDEN INFORMATION:
Gold (XAU/USD) drew fresh bids in Wednesday’s Asian trading, reclaiming the $3,340 level and edging back toward this week’s high. A U.S. federal appeals court decision allowing President Donald Trump’s broad tariffs to remain in force—for now—added a fresh layer of trade uncertainty and stoked safe-haven demand. Heightened geopolitical tensions and growing expectations that the Federal Reserve will cut rates in September further bolstered the non-yielding metal. Even so, optimism surrounding ongoing U.S.–China talks has lifted broader risk sentiment, while a mildly stronger U.S. Dollar is helping keep gold’s upside in check.
⭐️Personal comments NOVA:
Gold price recovered, buying power increased gradually in Asian session, approaching resistance zone 3348
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3373- 3375 SL 3380
TP1: $3360
TP2: $3350
TP3: $3340
🔥BUY GOLD zone: $3278- $3280 SL $3273
TP1: $3290
TP2: $3300
TP3: $3314
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable sell order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
Sniper XAU/USD🎯 Setup Overview
Instrument: XAU/USD
Timeframes: Entry analyzed on M15, confirmation on M5–M1
Structure: Bullish — price making higher lows into the liquidity zone (equal highs)
📌 Entry Levels
Level Price (approx.) Notes
Sniper Entry 3,390.50 At the last higher low (HL) before reaching the liquidity zone (~3,445–3,450)
Stop Loss 3,384.50 Just below the HL — 6 pips (~$6), tight risk buffer
Take Profit 1 3,445 (liquidity sweep) First target at the sweep zone
Take Profit 2 3,500 (breakout extension) Additional profit zone if momentum continues
🛠 Entry Routine
M15 Chart: Observe the ascending HLs — last HL is our key area (~3,390.50).
Drop to M5: Watch for a bullish candle (e.g., bullish engulfing or rejection wick) forming near 3,390.50.
Enter Long once you see that bullish confirmation.
Set SL just below the HL at 3,384.50.
Scale Out / Take Profit:
Exit 50–75% at 3,445.
Move SL to breakeven.
Let the rest ride to 3,500 as momentum extends.
GOLD/USD Bullish Breakout PotentialGOLD/USD Bullish Breakout Potential 🚀📈
🔍 Chart Analysis (June 15, 2025):
The GOLD/USD price action shows strong bullish momentum after a successful breakout above the previous resistance zone (now turned support) around $3,400. This level had previously acted as a key resistance multiple times (evidenced by the price rejection in early June), but has now been flipped into a support zone. The chart highlights two major elements:
📌 Key Highlights:
✅ Support Zone:
The $3,390–$3,410 range is now a confirmed support area after price broke above and retested it. This zone was previously tested multiple times (marked by arrows) and is expected to act as a launchpad for further upside.
🎯 Target Point:
The projected bullish target lies in the $3,610–$3,640 range. This level has been highlighted as a potential area where price might face resistance again.
📈 Bullish Projection:
A bullish continuation is expected if the price remains above the $3,400 level. The chart suggests a possible pullback to support before continuation towards the target zone.
⚠️ Technical Outlook:
As long as price holds above support, the bias remains bullish.
A drop below $3,390 would invalidate this bullish scenario and call for reassessment.
Conservative entry may wait for a confirmed bounce from support.
🔮 Summary:
Bullish bias is active for GOLD/USD with a short-term target around $3,620. Watch the $3,400 support closely for confirmation of the upward momentum.
The situation escalates, and gold rises again.Information summary:
Israel issued a statement: The attack on Iran has been completed. All Israeli Air Force pilots and crew members who participated in the attack on Iran returned to the base unscathed.
Iran issued a statement: The attack could not have happened without the coordination and permission of the United States. The United States is responsible for the consequences of the Israeli air strikes.
The unpredictable international situation has caused the price of gold to continue to rise after retreating.
New forecast:
After a strong rebound in the 3338 shock area and forming a high point, it is currently in a clear upward channel. The recent breakthrough of the 3398.4 area indicates that the trend will continue and point to the resistance line near 3465. At present, the price is testing the trend line that broke above, which may become a springboard for the next round of rise.
Buy trigger point: rebound from near 3405, with strong trading volume.
Risk attention:
The possibility of triggering a false breakout trap near 3440.
If gold loses the 3380-point trend line, its momentum may stagnate.
Broader macro data could overtake technical support near resistance levels.
Safe-Haven Demand Boosts Gold as Middle East Tensions EscalateHey Traders,
In today’s trading session, we are monitoring XAUUSD for a buying opportunity around the 3,380 zone. Gold is currently trading in an uptrend and is experiencing a correction phase as it pulls back toward this key support and resistance area.
On the fundamental side, reports indicate that Israel struck Iran overnight — fueling a classic geopolitical risk-off sentiment. This escalation is driving strength in safe-haven assets while putting pressure on riskier markets. Gold typically benefits from this kind of uncertainty, adding further weight to the technical setup we’re seeing today.
Trade safe,
Joe
XAU/USD.1h chart pattern.
📈 Trade Setup (Long Position on Gold)
Entry: 3320
Target 1: 3370 (💰 +50 points)
Target 2: 3400 (💰 +80 points)
Stop-Loss (suggested): You haven’t specified, but a technical stop-loss around 3290–3300 could be prudent, depending on volatility and timeframe.
Risk-Reward Ratio:
Target 1: 1:2 (assuming 25-point SL)
Target 2: 1:3.2 (approx.)
🧠 Key Considerations
Technicals: Check if 3320 is near a support zone. A bounce from support strengthens the setup.
Fundamentals: Watch for:
Fed announcements
US Dollar Index (DXY)
Inflation data (CPI, PPI)
Geopolitical risks (which can spike gold)
Would you like:
A chart analysis?
An updated gold price?
Risk/reward calculation for your capital?
Let me know how I can assist further.