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XAUUSD trade ideas

It could be worse for Gold and Bitcoin, right? Apple alone has shed nearly $640 billion in market capitalisation over just three days. The S&P 500 has fallen more than 10% during the same stretch—its worst performance since the onset of the COVID-19 pandemic. In Asia, the selloff is even more severe, with Japan's Nikkei 225 down nearly 8%, South Korea’s Kospi 200 off almost 6%, and Taiwan equities falling close to 10%, triggering circuit breakers. In comparison, Bitcoin and Gold, while under pressure, appear to be weathering the downturn with relatively less panic. Bitcoin has declined around 10%—a notable drop, but not unusual by crypto standards. Trading near $76,000, it has returned to pre-election levels, breaching both short- and long-term support zones. Gold is tracking its worst three-day performance in over four years. Although some positive forecasts are emerging. Deutsche Bank has revised its year-end gold price forecast upward to $3,350, citing rising recession risks and renewed safe-haven demand.
BLACKBULL:XAUUSD
by BlackBull_Markets
Gold Breakdown Accelerates: Key Support at 2950The daily chart for gold shows the Relative Strength Index (RSI) pulling back from near 80 (hit on Thursday) toward 50, suggesting that the recent drop is more than just a technical correction. Today’s opening saw gold gap down and extend Friday’s decline, raising the question: Will the daily chart see consecutive down days? The lower highs in the price structure indicate that after hitting the three-point resistance zone, a secondary bearish reversal could easily form, leading to further downside. On the daily timeframe, gold has seen a sharp decline, with price now breaking below the short-term moving averages (MAs). These MAs are also starting to turn downward, signaling weakening momentum. Key support to watch is around 2950. On the 4-hour chart, price has broken below the previous consolidation support zone, with candles consistently suppressed by short-term MAs, maintaining a strong bearish bias. Intraday, we’ll watch for any corrective rebound followed by a secondary decline. Short-term resistance sits near 3015. After an early dip and minor rebound, lower timeframes show slight short-term strength, but the broader 4-hour downtrend resistance remains intact. Any bounce is merely a retest—if resistance holds, the downtrend will resume.
OANDA:XAUUSDShort
by Oxtradegpt
XAU/USD (Gold) Analysis📌 Gold prices have experienced volatility following the announcement and implementation of President Trump's new tariff policies. Initially, gold surged to a record high of $3,148.88 per ounce as investors sought safe-haven assets amid escalating trade tensions. However, subsequent market reactions, including stock market sell-offs and profit-taking activities, have led to a retreat in gold prices. 🔑 Key Levels: -Resistance: $3,056.09 ❌ -Support: $3,002.63 ✅ (if broken, next support at $2,954.46) 📈 Market Scenarios: Bullish: If gold holds above $3,002.63 and breaks through $3,056.09, it could signal a continuation of the uptrend. 🚀 Bearish: A sustained move below $3,002.63 may indicate further downside towards $2,954.46. 📉 📘 This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research and consult with a professional before making trading decisions.
FOREXCOM:XAUUSD
by juniormoseki1
XAUUSD WEEKLY ANALYSIS Hey everyone happy new week😇….Last week No trade cuz we didn’t get a good entry but this week I’m still bullish on Gold tho the market dropped last week but I will be looking for buys and I will be sharing my areas of interest so the first one is am looking if price can hold my support level of 3001 zone if price was able to hold that zone I will be waiting for a push to the upside with a nice breakout and retest of 3060 zone and some confirmations to take buys to the upside but if price can’t hold that support zone my next zone of interest will be 2940 zone and I update you guys if I’m executing any trade so let’s have a win week and let’s see how it goes…..
OANDA:XAUUSDLong
by THATGUYMAZINO
Gold (XAU/USD) Technical Chart Review – April 6, 2025The gold market is currently undergoing a corrective phase after completing a clear Elliott Wave 5-wave impulse structure to the upside, as marked on the chart. 🟦 Wave Count Overview: The chart shows a completed 5-wave impulse structure labeled (1) to (5). The sub-waves within Wave (5) are also clearly detailed: (i), (ii), (iii), (iv), and (v). This suggests that the bullish cycle has likely peaked near the $3,080–$3,100 range. 🔽 Expected Correction: A sharp downward move has already started after Wave (v), implying a potential ABC corrective pattern is underway. The arrow indicates a projected move towards the $2,960 support zone, marked by the first purple rectangle. This zone previously acted as resistance and now could serve as a demand area. 🟪 Key Support Zones: $2,950–$2,970: Minor support based on the consolidation from mid-March. $2,850–$2,870: Stronger support level, also aligned with lower channel support and previous Wave (4). 📉 Trend Analysis: The price is still within a long-term rising channel. A breakdown below the $2,950 zone could bring gold toward the $2,850 zone, where the structure suggests more significant support. 🔍 Conclusion: Gold appears to be entering a corrective phase after an extended bullish run. Traders should monitor how price reacts around the $2,950–$2,850 levels. A bounce from those zones could provide long opportunities, while a breakdown would confirm a deeper retracement. #gold #xauusd
FX:XAUUSDShort
by ew_17i
GOLD BREAKS SHARPLY — BUT THE MOVE WAS WRITTEN IN THE STRUCTURE🟡 GOLD BREAKS SHARPLY — BUT THE MOVE WAS WRITTEN IN THE STRUCTURE A steep drop in gold just rattled the markets — but if you’ve been following the macro and technical setup closely, this was not only expected, but anticipated. From the first week of April, we’ve been tracking signals of potential exhaustion in XAUUSD: 🕯️ Candlestick wicks on higher timeframes 📈 Overextended structure 🧠 Macro divergence Now, all signs have converged — and we’re finally seeing the correction play out. 🔍 Why This Isn’t Just About Gold What we’re seeing is a broader shift in global market sentiment: U.S., European, and Asian equities are all under pressure Crypto has stagnated with little to no fresh capital inflow Gold — after months of aggressive buying — is now facing wave after wave of profit-taking This is classic risk-off behaviour. Investors are choosing cash, sitting tight, and waiting for clarity — not only in the charts but in the headlines too. 📉 DXY Building a Case for Recovery The U.S. Dollar Index (DXY) has been heavily sold in recent months — but is now holding at a multi-year structural support zone that’s been tested multiple times since 2021. With Trump returning to the spotlight and triggering a fresh round of global tariff negotiations, the USD is regaining narrative strength. Trump’s stance has already prompted discussions among major economies, putting the U.S. in a dominant position — and the market is beginning to price that in. 🤔 What’s Holding the Fed Back? Despite rising trade tensions, the Federal Reserve has remained cautious — choosing not to act until the dust settles from geopolitical and policy developments. This creates a window of opportunity: If the Fed holds rates while global central banks soften And if the USD holds this major support → We could see strong dollar flows return in Q2. 🔮 Gold Outlook – Where Next? In the short term: Expect continued volatility Potential for gold to slide further toward 308x – 305x range Any bounce is likely to be technical rather than fundamental In the medium term: Once political noise fades, gold may find support again Especially if inflation expectations persist or the Fed pivots dovish later in Q2 💡 Takeaways for UK Traders ✅ Don't trade the news — trade the reaction ✅ Macro structure matters more than the daily headlines ✅ Capital preservation beats chasing euphoria We’re not guessing. We’re reading the story and planning with structure.
OANDA:XAUUSDShort
by MMFlowTrading
Aggressive sell set up🔍 Institutional Liquidity Analysis • Liquidity Zones: • Above: $3,118–$3,120 (weak highs & EQH) • Below: $3,111–$3,108 (liquidity pool & EMA cluster) • Point of Control (POC: $3,114.33) just under current price → suggests price may sweep down before true move • Volume Clusters: Exhaustion at current candle top (weak bullish imbalance). Institutions may be preparing a liquidity sweep soon. ⸻ 📈 Momentum Indicators • RSI (1m): Entering overbought territory → signal for short-term reversal • MACD (15m): Still bearish but trying to cross bullish, early confirmation • VWAP: Price hovering just above VWAP zone, potential for mean reversion • EMA 50 & 200: Tightening up – possible micro-pullback or trap setup ⸻ 📰 News Impact Summary Recent headlines from TradingView suggest: • Gold hit all-time highs but reversed due to Trump Tariff headlines and risk-off shift • Macro tone is now uncertain, with gold reacting to short-term risk sentiment, not long-term dovish Fed policy • Sentiment = Neutral to Bearish, especially after euphoric highs were sold off ⸻ 🛑 Trade Decision: SELL SETUP (High Probability – 75-80%) Price is entering minor supply, and forming equal highs just under $3,118 – classic trap pattern for liquidity sweep. Entry: $3,116.50 – $3,118.00 (watch for rejection wicks or engulfing patterns on 1m) Stop Loss: Above $3,120.50 (above weak high + institutional wick trap) Take Profit Targets: 1. TP1: $3,111.50 → POC retest zone 2. TP2: $3,108.00 → Demand zone base 3. TP3: $3,104.00 → Discount rebalance Risk-Reward: Minimum 3.2:1 R:R ⸻ 🚨 Final Institutional Verdict: 🔴 SELL at Premium! Price is now in a liquidity engineering zone, with high likelihood of pullback toward POC or lower imbalance. Institutions likely to grab liquidity above equal highs, then rotate price lower. ⸻ ⚡ Ultra-Aggressive Execution Plan • Confirm on 1m with bearish engulfing OR SFP wick • Volume spike + RSI > 70 = trigger for entry • Monitor order book flow and footprint for absorption near $3,116–$3,118 ⸻ WE TRADE TO MILK THE MARKET EVERYDAY! Let’s trap the trap! Institutions are hunting liquidity – we hunt with them! SELL NOW and BANK those pips! 💰🔥📉🚨💣💵
OANDA:XAUUSDShort
by MAHARLIKA_FX
NFP - Shorting GoldThe gold market experienced huge fluctuations on Thursday, which created very good profits for us. During the entire trading process, we seized the profits of fluctuations of more than $50. The unemployment rate and NFP data during the US trading session on Friday, as well as Powell's speech on the economic outlook, are the focus of Friday's trading. Judging from the data released in March, the unemployment rate and NFP are more likely to be bearish for gold, so when trading data, my plan is to focus on short positions. At present, in terms of technical form, the indicators show that the bulls have not ended. In this case, the transaction needs to pay attention to the 3123/3136 resistance. If it cannot break through, the price is expected to fall again to 3103 or even 3086. Overall, today's trading focus is to sell at high levels.
FOREXCOM:XAUUSDShort
by Trading_King_Arthur
Waiting for the right-side signal, gold prices are still in consDue to the relatively high tariffs signed by Trump, gold has experienced a significant rebound, with daily fluctuations approaching $100—volatility levels previously seen over the course of two weeks or even a month are now occurring within a few hours. After surging past $3000, the increased base has led to a dramatic rise in market volatility. While larger price movements may give the impression of easier profits, they also increase the risk of losses. As volatility rises, risk perceptions diminish, whereas human greed tends to escalate. When daily fluctuations are limited to $10-20, the risks are minor, allowing for simpler directional trading, albeit with fewer opportunities. However, in the current environment, price changes of over $10 in just five minutes can trigger heightened greed, resulting in more frequent and varied trades. The unpredictability of market behavior complicates trading decisions. As humans, we tend to fear missing opportunities, leading us to enter trades impulsively. Conversely, when volatility decreases and waiting times lengthen, our desires tend to diminish, potentially increasing the chances of profitable trades. Currently, testing the upper limits of gold prices is challenging as the market is under constant pressure to break higher. It’s essential to note key points: between 7-8 AM, we typically see a first wave of unrestrained upward movement. Observing market cycles is critical; in the last two days, we saw spikes during the European session followed by declines in the U.S. session, which then rebounded. If specific entry points are elusive, focus on cycles and the extent of previous corrections, identifying key timing for trades. For instance, yesterday exhibited a typical morning upward cycle, followed by a sustained upward trend during the European session that didn't break the previous highs, resulting in a lateral movement during the U.S. session. Today, yet again, we are witnessing a 7-8 AM upward cycle with prices breaking above $3168. However, this pullback increases risks, particularly near the former double-bottom and the 618 retracement levels around $3130-32, which are crucial points to watch this afternoon. If there’s a continued upward move that breaks past the high, one should consider short entries if the price later retraces. A key observation must be made during the U.S. session, as recent pullbacks primarily occurred during this time. Following the morning's upward cycle, be vigilant of the 618 level and small double-bottoms; should there be a second rebound without breaking previous highs, consider going short during the U.S. session. Although the broader trend lacks definitive signals of a peak, risks are inherently rising. In this environment, it’s important to heed the emphasized cycles of market behavior and timing. Increased volatility necessitates caution; avoid blindly chasing shorts or longs, and remain attuned to the market rhythm.
OANDA:XAUUSD
by Oxtradegpt
4.3 How to operate after the sharp rise in gold prices4.3 How to operate after the sharp rise in gold prices 1. Impact of tariff policies - Base tax rate 10% + "reciprocal tariffs": Trump's radical tariff policy far exceeds market expectations, directly triggering concerns about escalating global trade frictions and triggering market risk aversion demand. 2. Expectations of a weaker US dollar: Tariffs may weaken the competitiveness of US exports, and the Federal Reserve may introduce loose policies, which will put pressure on the US dollar and further support gold. 3. Gold's safe-haven properties have exploded Gold, as a hard currency without sovereign credit risk, has become a "safe haven" for funds. 4-hour cycle: Confirmation of strong structure: 3100 support: Multiple retracements have not been broken, forming an "ascending triangle" consolidation pattern, and a sharp breakthrough in the early trading confirms the continuation of the trend. Target forecast: Short-term: US$3,200 (integer psychological barrier + fermentation of risk aversion). Medium-term: If it breaks through 3,200 points, the next resistance level is 3,218 points. 1-hour chart strategy: Key watershed 3100: This week's lows gradually moved up (3076→3100→3106). If the callback does not break this position, the trend will not change. Intraday strength and weakness dividing line 3130: Yesterday's box top broke through and turned into support, which is in line with the principle of "top and bottom conversion". Ideal intraday long position: 3115-3120 area, stop loss 3105. Patiently wait for the callback Aggressive strategy: If the gold price stands above 3150, you can chase long with a light position, with a target of 3173→3200.
PYTH:XAUUSD
by Grace_00007