Gold price weakens, correction 3176⭐️GOLDEN INFORMATION:
Gold’s intraday decline appears partly driven by technical selling pressure after decisively breaking below the key $3,265–$3,260 support zone. However, the US Dollar (USD) struggles to sustain any significant recovery as expectations grow for more aggressive Federal Reserve (Fed) rate cuts—fueled by an unexpected contraction in US GDP and signs of softening inflation. These factors may continue to support demand for the non-yielding precious metal, suggesting that traders should remain cautious before anticipating a deeper pullback from the recent all-time high near $3,500.
⭐️Personal comments NOVA:
Crossing the 3264 mark in the sideways price zone, gold prices continue to weaken.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3270- 3272 SL 3277
TP1: $3260
TP2: $3250
TP3: $3240
🔥BUY GOLD zone: $3178 - $3176 SL $3171
TP1: $3185
TP2: $3200
TP3: $3210
⭐️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
XAUUSDG trade ideas
Your ULTIMATE Guide For Time Frames in Gold, Forex Trading
If you just started trading, you are probably wondering what time frames to trade. In the today's post, I will reveal the difference between mainstream time frames like daily, 4h, 1h, 15m.
Firstly, you should know that the selection of a time frame primarily depends on your goals in trading. If you are interested in swing trading strategies, of course, you should concentrate on higher time frames analysis while for scalping the main focus should be on lower time frames.
Daily time frame shows a bigger picture.
It can be applied for the analysis of a price action for the last weeks, months, and even years.
It reveals the historical key levels that can be relevant for swing traders, day traders and scalpers.
The patterns that are formed on a daily time frame may predict long-term movements.
In the picture above, you can see how the daily time frame can show the price action for the last years, months and weeks.
In contrast, hourly time frame reflects intra week & intraday perspectives.
The patterns and key levels that are spotted there, will be important for day traders and scalpers.
The setups that are spotted on an hourly time frame, will be useful for predicting the intraday moves and occasionally the moves within a trading week.
Take a look at the 2 charts above, the hourly time frame perfectly shows the market moves within a week and within a single day.
4H time frame is somewhere in between. For both swing trader and day trader, it may provide some useful confirmations.
4H t.f shows intra week and week to week perspectives.
Above, you can see how nicely 4H time frame shows the price action on EURUSD within a week and for the last several weeks.
15 minutes time frame is a scalping time frame.
The setups and levels that are spotted there can be used to predict the market moves within hours or within a trading session.
Check the charts above: 15 minutes time frame shows both the price action within a London session and the price action for the last couple of hours.
It is also critical to mention, that lower is the time frame, lower is the accuracy of the patterns and lower is the strength of key levels that are identified there. It makes higher time frame analysis more simple and reliable.
The thing is that higher is the time frame, more important it is for the market participants.
While lower time frames can help to predict short term moves, higher time frames are aimed for predicting long-term trends.
❤️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's volatile decline is in line with expectationsFrom the perspective of the 4-hour cycle, a big negative line closed down, breaking the support of the 5-day and 10-day moving averages. This wave may continue to fall to the Bollinger middle rail near 3300, but if it is a high-level shock, the Bollinger middle rail is not broken, and it may rise again to the high point of 3430. In this cycle, gold has experienced a big rise and fall, and now it is possible to rise or fall. In the short-term cycle, we will first pay attention to the support effect of 3360-3350 under weakness. If it does not break, we can continue to go long and bullish, with the upper target at 3400. On the whole, the short-term operation strategy of gold is recommended to be mainly short-selling on rebounds, supplemented by long-selling on pullbacks. The upper short-term focus is on the 3400-3405 line of resistance, and the lower short-term focus is on the 3350-3300 line of support.
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
Please see update on our 4h chart route map today after 2 days of smashing targets on the 1h chart idea.
Once again another great day on the markets today. We got our Bearish 3282 and our Bullish 3343 targets hit. No cross and lock on either level, so we are seeing tennis between both Goldturns.
We will look for a ema5 cross and lock on either level to determine the next move. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
3343 - DONE
EMA5 CROSS AND LOCK ABOVE 3343 WILL OPEN THE FOLLOWING BULLISH TARGET
3404
EMA5 CROSS AND LOCK ABOVE 3404 WILL OPEN THE FOLLOWING BULLISH TARGET
3439
EMA5 CROSS AND LOCK ABOVE 3439 WILL OPEN THE FOLLOWING BULLISH TARGET
3503
BEARISH TARGETS
3282 - DONE
EMA5 CROSS AND LOCK BELOW 3282 WILL OPEN THE FOLLOWING BEARISH TARGET
3224
EMA5 CROSS AND LOCK BELOW 3224 WILL OPEN THE SWING RANGE
SWING RANGE
3190 - 3138
EMA5 CROSS AND LOCK BELOW 3138 WILL OPEN THE SECONDARY SWING RANGE
SECONDARY SWING RANGE
3088 - 3046
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
bullish momentum, accumulating around 3400⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) regained strong upward momentum during the Asian session on Thursday, rebounding sharply above the $3,400 level in the past hour and recovering much of its overnight pullback from a two-week high. The renewed demand for the safe-haven metal comes as US President Donald Trump downplayed expectations of an imminent resolution to the US-China trade dispute, stating he feels "no rush" to finalize an agreement. Heightened geopolitical tensions—including the ongoing Russia-Ukraine war, instability in the Middle East, and escalating military friction between India and Pakistan—further support gold's appeal as a defensive asset.
⭐️Personal comments NOVA:
Gold price continues to recover well around 3400, FED's speech is quite moderate, predicted early by investors, the market is positive in the recovery trend this week
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3438- 3440 SL 3445
TP1: $3425
TP2: $3410
TP3: $3395
🔥BUY GOLD zone: $3352 - $3350 SL $3345
TP1: $3365
TP2: $3380
TP3: $3400
⭐️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
YOUR SEEING THIS NOT BY ACCIDENT (GOLD SWING)
remember this idea before, way early to short right?
Now its the time to short it. initial and 2nd tp zone. probable the swing tp could be 2700-2600 or
lower.
See this a liquidity grab on internal/inside a monthly basis chart.
This is not a random as you see this, it means you trade this for Long shot or swing thot.
Guys this idea is on my self only.
This is not a financial advice.
See you again next week.
The previous news or the ADP NFP are non sense. we a make a new highs again once this idea works?
This is only my view.
sharing this could turn your idea to swing trades.
Follow for more.
XAUUSD: Channel Up aiming for 3,750Gold has turned bullish again on its 1D technical outlook (RSI = 65.582, MACD = 62.840, ADX = 38.882) as it crossed above the 4H MA50 again, following a bottom on the HL trendline of the 4H Channel Up. The 4H RSI made a DB and the new bullish wave is already underway. We expect a similar +18% rally to the top of the Channel Up (TP = 3,750).
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Gold: trade tariffs relaxationAs trade tariffs “war” entered into relaxation mode, so the price of gold was easing during the previous week. The major event concerning trade tariffs during the previous week was the announcement from China's government that they are considering negotiations with the US Administration regarding imposed tariffs. Additional influx came also from better than expected US jobs data, in which sense, gold was trading with a modest negative sentiment during the week. The week started by testing the $3.350 short term resistance line, however, it ended at the level of $3.240.
The RSI turned away from the overbought market side, and ended the week at the level of 53. This level still does not represent a clear sign that the market is ready to take the turn toward the oversold market side. Moving averages of 50 and 200 days, without change, continue to move as two parallel lines with an uptrend.
Fundamentals have driven the price of gold to the ATH in a previous period, so fundamentals will continue to impact the price of gold also in the future period. Trade tariffs were the main driver, so as the trade war is settling down, the price of gold might ease also in the coming period. Gold is currently testing the level from the mid-April this year. In case that it is breached, then the next potential level for gold might be around $3.150. Certainly, it should be considered that the FOMC meeting is scheduled for May 7th, which might bring some volatility back on the market, considering current market sensitivity regarding potential Fed's rate cut. At this moment on charts, the price of gold has equal probabilities for a move both toward the up, and down side.
Has the trend of gold's high dive turned bearish?Technical analysis of gold: Breaking news, China and the United States are preparing for tariff talks, which is a major negative. Gold plunged more than $60 from the 3438 USD line in the early trading, and it should have reached the top within the day; if there is no major positive push, the early high of 3438 should not be broken again, otherwise once it breaks through 3500, it will definitely break, but it is unclear how far it will go above 3500. Gold started to retrace from the 3438 position in the early trading. It is currently expected to stop falling at the 3350 support area in the early trading. In the short term, it is necessary to pay attention to whether the gold weekly line will form an evening star pattern. Once the evening star structure is formed, gold will most likely confirm that it has peaked in stages, and will experience a large-scale retracement in conjunction with the weekly top divergence! However, the daily trend is relatively repeated, so we still need to focus on the impact of news on the trend!
XAUMO XAUUSD Tactical Breakdown – April 30, 2025
1. XAUMO Tactical Map
Red Zone – Bearish Rejection (Sell Trap Zone):
Upper Limit: 3314.60–3318.00
Strong historical rejection + VWAP & Ichimoku base rejections.
Yellow Zone – Liquidity Sweep Trap Area:
Zone: 3297.50–3306.00
Price bounced repeatedly from this sweep zone; stop hunts likely.
Green Zone – Bullish Activation (Breakout):
Break Level: 3318.50+
Clean air above with strong upside potential to 3330+
2. Market Structure Overview
Ichimoku Cloud: Bearish crossover confirmed, price below cloud.
Volume Spike (RVOL): Reaching 1.93 on final leg = heavy sell interest.
Price Action: Lower highs forming. Current candle series weak.
VWAP Rejections: Ongoing rejection at 3305–3310.
Momentum: Bearish, confirmed by RSI < 45 on M15 & M30.
3. Tactical Entry Setups (Live Ready)
A. Intraday Sell Setup – Trap Breakdown
Type of Entry: Sell Stop
Entry Price: 3280.00
SL: 3287.00
TP1: 3270.50
TP2: 3259.00
TP3: 3246.00
Confidence: 82%
Justification:
Break below key liquidity shelf w/ heavy volume + trend confirmation from Ichimoku + RVOL surge.
B. Breakout Reversal Long Setup
Type of Entry: Buy Stop
Entry Price: 3318.50
SL: 3310.00
TP1: 3326.50
TP2: 3334.00
TP3: 3341.00
Confidence: 71%
Justification:
Break above compression + rejection cluster. Cloud flip + volume confirmation required.
C. Mean Reversion Scalp Play
Type of Entry: Sell Limit
Entry Price: 3305.00
SL: 3309.50
TP1: 3298.00
TP2: 3292.00
Confidence: 75%
Justification:
Previous VWAP + red zone overlap. Perfect trap zone confluence with divergence across M5.
4. STRIKE | DEFEND | SCALP | SWING
STRIKE:
15:30 Cairo → Enter Sell Stop @ 3280 if NY Open flushes.
3318.50 breakout long only if volume sustains.
DEFEND:
Stay out of chop 3298–3305 unless confirmed wick fakeout.
SCALP:
Inside Yellow Zone: scalp wick traps at 3304–3305 or 3288–3290.
SWING:
If price holds below 3280 post-NY, swing short down to 3259+ over 1–2 sessions.
5. Summary
Market still biased Bearish unless 3318.50+ breaks.
Volume + structure + Ichimoku confirms ongoing downside with brief retrace attempts.
NY Open = trigger window for explosive move.
GOLD → Consolidation ahead of news. What to expect?FX:XAUUSD is consolidating. Focus on 3370 - 3269. Economic data is expected tomorrow, and gold is likely to trade within the consolidation range for several days.
Optimism about US trade talks with key partners boosted risk appetite and supported the dollar. The US Treasury Secretary reported progress with India, while President Trump softened his rhetoric on China, which also strengthened the dollar. At the same time, traders took a wait-and-see stance ahead of the release of US GDP data for the first quarter. If the figures turn out to be weak, gold could rise sharply as a safe-haven asset. Thus, the gold market remains sensitive to trade news and macro data, especially against the backdrop of rebalancing at the end of April.
At the moment, as part of the current momentum and correction, I expect prices to recover from the 0.5 - 0.7 Fibonacci zone. Gold may test 3323-3325 before resuming its correction within the consolidation.
Resistance levels: 3323, 3352, 3370
Support levels: 3290, 3270
Traders are waiting for a resolution in the tariff dispute as well as economic data due tomorrow. However, while the price is consolidating, I expect a rebound from support. BUT! If the price continues to squeeze towards any boundary, with priority to support, then the chances of a breakout from the consolidation base may increase.
Best regards, R. Linda!
XAUSD FOMC - Gold Sniper Plan - May 7 - 2025💥 XAUUSD FOMC Sniper Plan – May 7, 2025
"We Don’t Chase Breakouts. We Build the Trap Before the Noise."
🌍 Macro & Geopolitical Context – What Really Matters Today
Markets are frozen in anticipation of tonight’s FOMC bombshell:
📌 20:00 UTC – FOMC Statement & Rate Decision
📌 20:30 UTC – Powell Speaks
Traders are split. Some expect a dovish tone to push gold through ATH. Others brace for a hawkish surprise.
But let’s get one thing straight:
Gold has already run thousands of pips. It doesn’t need help going higher — it needs a reason not to collapse.
That’s what Powell holds in his hands tonight.
Meanwhile, geopolitics stay hot in the background:
Middle East tensions simmer (again).
Trump pressure on Powell to step down adds political risk.
Global yields are compressing → gold remains macro-favored.
This is not a time for guessing. This is a time for traps.
🧠 Current Structure Snapshot (Price: 3431)
HTF is still bullish, but we're extended.
Last confirmed HH = 3488, with ATH = 3500
We're in a short-term retrace under a H4 CHoCH → excellent sniper conditions.
🧱 Key Structural Levels
Zone Type Price Range Context
🔼 R2 3488–3495 Last HH OB + extension sweep trap
🔼 R1 3448–3455 H4 OB + liquidity pocket under HH
🔽 S1 3378–3384 H4 OB + FVG + EMA 50 confluence
🔽 S2 3333–3340 D1 OB + CHoCH + imbalance zone
We don't use FIBO extensions for guessing entries. We use them to target the crowd who does:
Extension Price Range Use
1.272 3530–3535 TP3 only
1.618 3575–3580 Final exhaustion area
🎯 Sniper Setups – Real, Refined, Ruthless
🟢 Buy #1 – 3378–3384
Valid H4 OB
FVG tail fill + internal liquidity
RSI around 40 + EMA 50 bounce
SL: 3365
TP1: 3405 | TP2: 3430 | TP3: 3455
🧠 Our first reaction zone before news madness.
🟢 Buy #2 – 3333–3340
D1 OB + imbalance
Clean internal liquidity from 3300–3330
Confluence with CHoCH base
SL: 3315
TP1: 3370 | TP2: 3405 | TP3: 3448
💎 This zone is invisible to retail — perfect trap before spike.
🔴 Sell #1 – 3448–3455
H4 OB at premium
EMA rejection + FVG close
Pre-news stop hunt ideal here
SL: 3462
TP1: 3430 | TP2: 3405 | TP3: 3385
🎯 Don’t short gold randomly — short it here, where retail longs trap themselves.
🔴 Sell #2 – 3488–3495
Last HH OB before ATH
Strong fibo ext confluence
Sweeps = liquidity + exhaustion
SL: 3504
TP1: 3465 | TP2: 3430 | TP3: 3395
If they want to break ATH before Powell, we’ll be waiting above it.
⚙ EMAs in Sync
EMA Signal
21 Tested from below — sell confluence at 3448
50 Lining up near Buy #1
200 Far below — macro still bullish
🧠 Execution Plan
Stay flat before FOMC unless setups trigger with PA confluence
Anticipate whipsaws → SLs must be respected
If price consolidates above 3455 = bullish continuation likely
If it sweeps 3448–3455 and rejects = sell of the week
Drop a 🚀 and follow us: if you’re not trading emotion — you’re trading execution.
📌 Important Notice!!!
The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your plan and wait for confirmation before taking action.
XAUUSD top-down analysisHello 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.
Gold Trade Plan 25/04/2025Dear Traders,
There is no strong bullish momentum observed in gold, and it seems to be moving within a descending channel. Meanwhile, the dollar index has entered a reversal phase. I expect the price to drop into the 3220–3230 zone to gather momentum, A new update will be shared soon.
If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza
Will gold fall after encountering resistance at its high point?Gold surged after opening yesterday. Although it retreated slightly, it continued to maintain its strong pace. So far, it has reached 3386, with an increase of about 150 US dollars. 3386 is a short-term suppression level. If it breaks below 3350 in the Asian session, the steady idea is to wait for a rebound and then short it to see the downward trend. The focus below is on the support of 3272. Overall, the short-term operation strategy for gold is to short on rebounds and to buy on pullbacks. The short-term focus on the upper side is 3386-3390 resistance, and the short-term focus on the lower side is 3320-3300 support.
Strategy: Short gold in batches around 3380-3385 when it rebounds, stop loss at 3391, target around 3350-3330, break to target 3320
Gold Daily Sniper Plan - XAUUSD May 5th 💥 May 5 XAUUSD Sniper Plan – "Bulls Bounce, Bears Breathe – Who Takes the Next Shot?" 🎯📉
Gold is caught in a battlefield. After a textbook bounce from 3204, price is pushing into premium zones — but momentum is limping, and ISM Services PMI (4:00pm) could trigger the next major move.
Forget guessing. This is where levels speak louder than noise.
🧭 Market Overview
HTF Bias (D1–H4): Bullish macro trend, but pullback in play after rejection from 3500 ATH
LTF Flow (H1–M15): Bullish relief structure, but losing steam below key supply at 3315+
EMA Confluence (H1): EMA5 climbing above EMA21, but flat near 3260 — indecision zone
Liquidity: Sell-side liquidity rests below 3200. Buy stops are stacking above 3300.
🔥 Monday News Catalyst
🕔 4:00pm ISM Services PMI (USD)
Volatility expected. Strong data = dollar strength = possible Gold drop. Weak data = relief rally toward premium.
🎯 Sniper Entry Zones (With Logic)
🔻 Sell #1 – 3315–3325
📍 H1–H4 OB + FVG + equal highs above
🧠 Ideal for post-ISM spike rejection setup
🔻 Sell #2 – 3345–3355
📍 Final OB before last lower high + clean imbalance
🎯 SL: 3360 | TP1: 3315 | TP2: 3292 | TP3: 3268
🧠 Swing rejection setup if bulls overextend
🟢 Buy #1 – 3210–3220
📍 M15 OB + EQ + May 2 internal HL
🎯 SL: 3190 | TP1: 3244 | TP2: 3265 | TP3: 3290
🧠 Structure-based bounce zone with clean PA reaction
🟢 Buy #2 – 3175–3185
📍 LTF demand + FVG + RSI oversold sweep
🎯 SL: 3155 | TP1: 3210 | TP2: 3240 | TP3: 3268
🧠 Reactive area if NY flushes price before recovery
🗺 Key Levels to Watch
Level Meaning
3268–3275 Internal resistance + imbalance zone
3292–3300 Liquidity magnet pre-sell zone
3315–3325 Major rejection area
3345–3355 HTF supply & final trap
3210–3220 Primary bounce zone
3175–3185 Trap setup + liquidity sweep zone
3050–3075 HTF OB → swing buy only
👁🗨 Eyes On:
Rejection from 3315 = sniper short entry zone
Rejection from 3275 = continuation risk
Break below 3210 → 3175–3185 becomes critical
Weak ISM = gold spike toward 3300+ (fade setup)
💬 Final Thought:
This isn’t “buy now, sell now” nonsense. It’s about structure, timing, and logic.
The cleanest setups come to those who wait — not those who chase.
🙏 Like this breakdown? Boost and follow us for sniper setups all week.
📌 Important Notice!!!
The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your plan and wait for confirmation before taking action.
Gold's decline under pressure is in line with expectations!Although gold surged in the morning, it continued to fall in the afternoon and fell to 3320. At present, gold has rebounded moderately, but it is still under pressure after the sharp drop. The adjusted golden section line position, the 0.5 position of this wave of decline is the 3320-3318 area. The price bounced when it was touched for the first time. Going down, we need to pay attention to the 0.618 position 3288 area, which is close to the four-hour lower track 3284 area. The two together become the support area. The excess range is the double-line lower track 3270 on the hourly chart. Tonight, it is still a rebound to short. Pay attention to the resistance of 3370-74 above. When the rebound is in place, you can directly enter the short position and bet on the second decline of the US market!
GOLD MARKET ANALYSIS AND COMMENTARY - [May 05 - May 09]This week, the international OANDA:XAUUSD has dropped sharply from 3,352 USD/oz to 3,201 USD/oz and closed the week at 3,240 USD/oz.
The reason for the sharp drop in gold prices is that US President Donald Trump said that the US is about to reach a trade agreement with India, Japan, South Korea, and is likely to reach a trade agreement with China, although the two sides have not had any official negotiations.
In addition, an equally important factor is that China is on holiday from May 1 to May 5, so the demand for transactions in the world's largest gold consuming country is almost non-existent. While they have been continuously buying before even though the gold price was high.
The FED meeting on May 6-7 may have a strong impact on gold prices next week. US GDP in the first quarter grew by -0.3%, while the labor market still has potential tariff risks; inflation remains stable at a high level. With these data, it is likely that the FED will maintain interest rates at current levels, but may signal that a rate cut is coming soon. According to many experts, if the FED signals that it will cut interest rates after the meeting next week, it will push gold prices to recover next week. On the contrary, if the FED maintains a wait-and-see attitude, declaring that it is not in a hurry to cut interest rates, then gold prices next week may continue to adjust.
🕹SOME DATA THAT MAY AFFECT GOLD PRICES THIS WEEK:
Next week, all eyes will be on the Federal Reserve’s monetary policy meeting on Wednesday, with an interest rate decision and a press conference from Chairman Jerome Powell following keynote remarks earlier in April.
Fed officials will then continue their participation in the Reykjavik Economic Conference in Iceland on Friday. Fed Governors Michael Barr, Lisa Cook, Philip Jefferson and Christopher Waller will be present at the conference as speakers in panels on topics including artificial intelligence, employment and monetary policy research.
In addition, investors will also watch the ISM services PMI on Monday morning and the weekly jobless claims number on Thursday.
📌Technically, if gold prices fall below $3,200/oz next week, there is a possibility of a further decline to $3,129/oz. A deeper correction could see gold prices fall to $2,980-$3,000/oz next week. If gold prices reverse and break the $3,270/oz barrier, they could continue to rise above $3,350/oz.
Notable technical levels are listed below.
Support: 3,228 – 3,163USD
Resistance: 3,245 – 3,267 – 3,292 – 3,300USD
SELL XAUUSD PRICE 3311 - 3309⚡️
↠↠ Stop Loss 3315
BUY XAUUSD PRICE 3119 - 3121⚡️
↠↠ Stop Loss 3115
Interest rates, will gold prices fall sharply today?⭐️GOLDEN INFORMATION:
However, US Dollar bulls appear cautious, holding back from making bold moves as they await clearer signals regarding the Federal Reserve’s (Fed) future rate-cut trajectory. This wait-and-see stance, combined with ongoing geopolitical tensions—particularly the prolonged Russia-Ukraine conflict and unrest in the Middle East—continues to bolster demand for safe-haven assets like gold. As such, investors are likely to remain on the sidelines until the conclusion of the closely watched two-day FOMC policy meeting on Wednesday.
⭐️Personal comments NOVA:
Gold price awaits today's interest rate result, there was a good recovery above 3400 but then fell immediately after, showing that the market is not ready for the first interest rate cut if any, gold price may face strong selling pressure today
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3438- 3440 SL 3445
TP1: $3425
TP2: $3410
TP3: $3395
🔥SELL GOLD zone : 3396- 3398 SL 3402 scalping
TP1: $3390
TP2: $3380
TP3: $3365
🔥BUY GOLD zone: $3308 - $3306 SL $3301
TP1: $3315
TP2: $3330
TP3: $3345
⭐️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
XAUUSD MADE PARALLEL CHANNELHere I Created This XAUUSD Chart Analysis
Pair : XAUUSD (Gold)
Timeframe: 30-Minute
Pattern: Parallel Channel
Momentum: Bullish/ BUY
Entry Level : BUY 3380
Support zone : 3370
Target Will Be : 3415
Disclaimer : This signal is based on personal analysis for learning purposes. Trade at your own risk and always use proper risk management.
PATIENCE WILL PAY OFF 〉LONG TERM BUY COMING SOON.As illustrated, I'm trying to visualize what the next couple of weeks could look like.
Taking into consideration the fact that May + June are corrective months for gold historically (don't believe me; check the seasonality tool...) , Is likely for price to range up and down within quite a wide range anywhere between 3300 and 3100 before it enters a bullish continuation impulse by the end of June and into first week of July.
( I have illustrated 2 potential buying areas; one closer to price and another extended one lower )
That being said, one must adapt to such market conditions that will only offer certain structure offering a few intraday trades, but mostly short term trades or quick scalping moves all within a same trading session, simply because as each session comes in, they will target previous sessions highs or lows (ranging back and forth in an uncomfortable manner and without a clear direction).
Asia would target Sydney's open, then London might target Asia's open, then NY might target any low or high in the opposite direction... and so on back and forth without truly holding a bullish or bearish structure longer than a few hours to a full calendar day before it turns around (sideways behavior).
As price reaches "stronger psychological" price levels like 3150, 3100, 3050 and potentially 3000; then you might start seeing evident rejections within higher timeframes (4H and 1D); ideally seeing rejection wick/s followed by a nice push up showing true power and volume to the upside, potentially signaling the bottom of this correction phase.
TIME should be aligned with this market behavior; that means that checking the seasonality tool. every year (on average 5, 10 and 15 years), gold makes a bottom during the first week of JULY ...
So... market structure, price, and time must be aligned correctly and it will all make sense whenever that moment comes; hence, the title of this idea.
I am personally not worried about any sort of economic event; news are only gas for the market to move and create liquidity and volatility.
AT THIS POINT, THE ONLY THING THAT COULD TRIGGER A SIGNIFICANT MOVE IN GOLD, IS A GEOPOLITICAL EVENT THAT WOULD TRULLY TRIGGER UNCERTAINTY IN THE MARKETS... .
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GOOD LUCK!
Persaxu
Gold Trade Plan 07/05/2025Dear Traders,
after False break of Side Range price break top of Range,
The price is hitting the support at 3360-3370(pullback) and the move is continuing.
Momentum of Bullish movement is very Good , i expect price will be continue Uptrend to 3480
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Regards,
Alireza