GOLD → A false breakdown of support will lead to growthFX:XAUUSD is trading within the range of 3370-3270. Since the opening of the session, the price has lost its potential for further decline. There is no news on Friday, so after retesting the liquidity and support zone of 3283-3270, the price is likely to return to growth.
Gold stabilizes near $3,350, but growth is held back by the dollar
On Friday, gold held its ground after recovering, but further growth is limited by the strengthening dollar and hopes for progress in the tariff war negotiations...
Optimism about corporate earnings in the US and easing recession fears are supporting demand for the dollar. However, ongoing uncertainty in US-China relations is keeping interest in gold alive.
Markets are waiting for new signals from the White House and the Fed, which will determine the further movement of gold prices towards the end of the week.
Focus on supporting the trading range. A false breakdown of 3283-3270 could change the balance of power, leading to a rebound or growth.
Resistance levels: 3314, 3342, 3370
Support levels: 3283, 3270, 3244
There is no news today, except for the unpredictable Trump and the general situation with the tariff war. Any speech or tweet could shake the market. However, after a neutral week, gold remained within the range, and the market is likely to keep the metal within the flat on Friday. Accordingly, I expect a rebound from support and growth to the intermediate resistance lines indicated above.
Best regards, R. Linda!
XAUUSDG trade ideas
Gold Rally Continues (Bullish)XAUUSD (GOLD) 4H chart breaking out from Wave (4) with a clean Elliott Wave structure
Targeting the 3,480+ zone for Wave (5) — Fibonacci + EMA confluence + breakout confirmation all lining up!
Entry zone was right near the 0.5–0.618 fib sweet spot 🟦
Now we ride the wave
Current trade idea: Long bias
🎯 Target: $3,480
🛑 Risk: Below $3,166
🔍 Strategy: Wave theory + EMA trend confirmation + structure break
Let me know if you're in this move too — and drop a 🔥 if you caught the setup!
continue to accumulate, gold price waiting for NF⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) continues its downward trajectory, slipping toward $3,315 during early Asian trading on Wednesday as improving global risk sentiment and signs of easing trade tensions weigh on demand for the safe-haven asset. Market participants remain cautious ahead of key US economic data releases, including the ADP Employment Change, the Core PCE Price Index, and the preliminary Q1 GDP figures, all scheduled for later in the day.
Meanwhile, US President Donald Trump is reportedly aiming to reduce the overall impact of automotive tariffs by avoiding cumulative duties on foreign vehicles and loosening restrictions on imported parts used in domestic production. Treasury Secretary Scott Bessent added that major trade partners have made “very good” proposals to avert further US tariffs. Furthermore, exemptions on select US goods from retaliatory duties suggest a growing intent to de-escalate ongoing trade disputes.
⭐️Personal comments NOVA:
Gold price maintains accumulation range of 3265 - 3360, temporary stability awaits big fluctuations
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3368- 3370 SL 3375
TP1: $3350
TP2: $3340
TP3: $3330
🔥BUY GOLD zone: $3264 - $3262 SL $3257
TP1: $3280
TP2: $3300
TP3: $3318
🔥BUY GOLD zone: $3285 - $3283 SL $3280 scalping
TP1: $3290
TP2: $3295
TP3: $3300
⭐️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
GOLD - Price can correct to support area and then bounce upHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
A few moments ago price entered to rising channel, where it at once broke $2885 level and reached resistance line of channel.
Then it corrected and then continued to move up in channel, but later it dropped to support area.
Price soon rose above $2885 level, making a fake breakout and after retesting this level, continued to grow.
Later Gold reached resistance line of channel and then made correction movement, exiting from channel and entered to pennant.
In pennant pattern, price made upward impulse, breaking $3275 level and at the moment it trades near $3275 level.
I think that Gold can exit from pennant, decline to support area, and then bounce up to $3440
If this post is useful to you, you can support me with like/boost and advice in comments❤️
#XAUUSD: 676+ Pips Since Our Last Entry! Comment Your Views! As we explained in our previous chart, the price will retouch 3270$ and then continue the bullish movement. The price did exactly that, with a 674+ increase from our last idea. It’s now on the way towards $3500 or beyond. Get ready for a big move on gold this week, but be extra cautious as the price can be volatile.
Good luck and trade safely!
Thank you for your unwavering support! 😊
If you’d like to contribute, here are a few ways you can help us:
- Like our ideas
- Comment on our ideas
- Share our ideas
Team Setupsfx_
❤️🚀
Gold: High - level Oscillation, Short - term Adjustment & StrateFrom the perspective of the daily chart trend of gold, after two consecutive days of strong rebounds, the price has pulled back, indicating significant selling pressure at higher levels and a need for a technical adjustment in the short term. Currently, the price has dropped back to around $3,400, which is the support area of the previously broken gap. If this level is breached, it may further test the $3,350 level. In terms of technical indicators, the RSI has retreated from the overbought zone, and the MACD red bars are shortening with signs of a potential death cross, suggesting a weakening of momentum. Additionally, the 5-day moving average has started to turn downward. If gold fails to regain the $3,440 level, it will confirm the formation of a short-term top.
Overall, gold is currently in a high-level consolidation phase. Without the impetus of new safe-haven factors, the adjustment is likely to continue. Despite the intensification of geopolitical risks, the current financial market is more inclined to focus on changes in global trade sentiment, which has diminished the appeal of traditional safe-haven assets such as gold. The long-term support for gold remains intact, but in the short term, it may be affected by the strength of the US dollar and the restoration of risk appetite.
For today's short-term trading of gold, the recommended strategy is to go long on pullbacks and go short on rebounds. In the short term, key resistance levels to watch are in the range of $3,405 - $3,430, and key support levels are in the range of $3,360 - $3,350.
Investment itself is not risky; it is only when investment is out of control that risks occur. When trading, always remember not to act on impulse. I will share trading signals every day. All the signals have been accurate without any mistakes for a whole month. No matter what gains or losses you've had in the past, with my help, you have the hope of achieving a breakthrough in your investment.
Gold Price Analysis May 7Yesterday's D1 candle continued to be a FULL candle with a 100 price increase. At the beginning of the day, the market opened with a bearish price gap, showing that the market also wants to cool down and today.
Gold is sideways in the range and is running a corrective downtrend.
The support zone for BUY strategies is around 3371, this is the EMA 34 of the h1 frame and is partially supported by the trendline. The next notable area is 3352, which is the old candle wick area and also the support area of yesterday's European session.
The two SELL areas are around 3402 and the Gap opening area is 3423.
Is Gold Ready to Break the High… Again?On the Daily timeframe , the seller’s level at 3366.900 , formed by the April 22nd bar, was broken by strong buying pressure and is currently being retested from above.
On the Hourly chart , I’m observing a bullish wide-spread bar with the highest volume, which also broke through the 3366.900 level.
📈This bar has its own test at 3349.745, which supports the bullish bias for now.
As long as this level holds, I expect the long scenario to remain valid.
Overhead, there is resistance from sellers at 3404.761 .
If price breaks above it, the next upside targets are:
🎯 3438.708
🎯 3500.120
#TechnicalAnalysis #DayTrading #VSA #XAUUSD #GOLD # #FuturesTrading #VolumeSpreadAnalysis
Gold Stuck in Limbo- Sell Rallies, Ride the DropAfter the explosive rally that pushed Gold up to the 3500 area, the market quickly reversed with a sharp sell-off on April 22–23, dropping almost 2500 pips.
Since then, price has entered a consolidation phase.
Initially, the range was between 3270 and 3370, but since yesterday, the range has started to tighten — a classic sign that a breakout is approaching.
Looking at the structure, we’re dealing with a blow-off top followed by a range with clear support and resistance levels. In this context, I lean toward a downside breakout.
The key support is now at 3300 — and a break below it would likely expose 3270 again.
However, I don’t expect the move to stop there. If 3300 is broken, a continuation toward the 3200 zone becomes very likely.
🔹 Trading Plan:
As long as price stays below the 3360–3370 resistance zone, the strategy is to sell rallies, especially when price approaches the upper boundary of the range. Entries can be taken on rejection candles or confirmation patterns near resistance, with stops just above 3370. If 3300 breaks, watch for continuation setups toward 3200.
Only a sustained breakout above 3370 with strong bullish momentum would invalidate the bearish scenario and call for a reassessment.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Gold depends on GDP numbersTechnical analysis: Gold naturally found Buyers as Buying pressure is evident on the charts from DX on Selling sequence. It is important to note that #3,300.80 is new / old Resistance, which was near Weekly High’s as Price-action could find strong rejection there and deny the Buying response in extension. If broken, Price-action will be calling for #3,327.80 extension once again which represents local Top's for current fractal. I will engage my orders accordingly and wait for suitable entry even though I have closed my order ahead of the final push above the Resistance. However, Gold re-tested and was again rejected on the Hourly 4 chart’s Support keeping the Bullish bias alive. The Engulfing candle Bearish reversal candle on Hourly 1 chart succeeded at rejecting the Price-action and catching already the #32% Fibonacci level. I expect the last Daily chart’s candle to test again the #3,272.80 former Resistance now turned to Support when DX finds the Support zone and engages relief rally.
My position: As mentioned above, Gold is ranging and Scalpers are getting most of the returns out of this Price-action. I will await GDP numbers and only then make my move.
Gold Price Analysis May 5The D candle cluster appears with the sellers still dominating. 3270 is still playing a key role in reversing the trend.
The h1 structure is creating a false break in the 70 zone and wants to continue falling in the corrective downtrend. Pay attention to the 3263 break zone in the European session, when breaking this zone, Gold will form an uptrend and the possibility of breaking the 3270 zone is very high. 3285 will be the next reaction zone when breaking 3270, then the Down wave of Gold will be broken. Gold can reach 3303 when there are retests to the support zones.
In the opposite direction, Gold does not break 3262 and continues to fall, it will be favorable for the downtrend and the possibility of forming a double top pattern and falling sharply is also quite high. The Trendline zone 3243 is considered an important support zone in the near future for the Gold price decline. Next, pay attention to the reaction zone of the daily support around 3225.
Intraday adjustment ends, follow up with low and long positions!📌Fundamentals:
1. The conflict between India and Pakistan shows signs of escalation
2. US-Houthi ceasefire agreement
3. The Fed’s interest rate decision dominates this week’s market
4. International trade situation disturbs market sentiment
5. Market sentiment and capital flow
📊Technical aspects:
Affected by the trade negotiations, gold reached a high of 3434 and came out of the 70 US dollar drop. It took advantage of the trend to follow up the short order and reached the target profit stop as scheduled! Then it fell back and went long again to reap profits. The daily line continued to close in the positive direction, and there was room for fallback and adjustment during the Asian session. However, the daily cycle did not support a sharp decline for the time being. The data during the day tended to be treated as shocks. Therefore, the bullish trend remained unchanged, and the support below was 3335. You can go long if it hits during the day. The short-term support is around 3360 and 3350. In terms of operation, it will continue to be low and long. When it stabilizes, it will go to 3410 or even near the high point. However, if the second test does not reach a new high, there may be a larger correction.
🎯Practical strategy:
Gold is long around 3350-55, looking at 3376 and 3410! If it is strong, go long based on the support of 3365-60!
"Gold Ain’t Done Yet – Snipers Don’t Sleep, They Wait After a clean CHoCH from 3205 and bullish NY session push, Gold is currently hovering around 3239 ahead of major macro catalysts tomorrow (May 2):
💼 News to Watch:
NFP (133K vs. 228K prev)
Unemployment Rate
Average Hourly Earnings All releasing between 15:30–17:00 UTC+2, potentially fueling a volatility storm.
We remain in a broader retracement phase after April highs (ATH 3500), with price still sitting in higher timeframe discount zones and internal bullish signs building. However, supply above is unmitigated and could cap rallies.
🔁 MARKET STRUCTURE
Price is currently at 3239, just above a valid H1–H4 support zone.
Clean CHoCH confirmed from 3205
Liquidity still resting both above 3284 and below 3172
🔽 BUY SCENARIOS (From Discount + Liquidity Areas)
🟢 Buy #1 – 3205–3212
🔹 H1 CHoCH zone + internal FVG
🔹 Sell-side liquidity just swept
🔹 Entry if price retests post-NFP drop
⚠️ Ideal for short-term bounce or reaccumulation into 3260
🟢 Buy #2 – 3172–3185
🔹 H4 OB + sweep zone + EQ
🔹 Heavy stop cluster under 3200
🔹 If broken, becomes invalid → eyes move to 3120
🔸 High-risk/reward reversal zone if NFP panic spikes below
🔼 SELL SCENARIOS (From Premium + Imbalance Zones)
🔴 Sell #1 – 3284–3295
🔹 H1–H4 supply + FVG + internal BOS
🔹 Buy-side liquidity just above 3280
🔹 Classic pre-news pump & dump zone
⚠️ Watch for wicks above 3288 → sniper sell trigger
🔴 Sell #2 – 3325–3333
🔹 HTF OB shelf + imbalance + previous NY rejection
🔹 Final retail breakout trap before larger drop
🔹 Cleanest R:R setup if NFP drives price explosively upward
👀 Eyes On:
Zone Reaction Type What to Watch
3220–3235 Bounce or trap Current zone = fragile intraday demand
3284–3295 Rejection or flip Cleanest NY pump trap zone
3172–3185 Final support Below = invalidates bullish scenario short-term
3325–3333 Bull trap zone If reached = extreme precision sell only
🎯 Bias:
LTF: Bullish retrace valid above 3212
HTF: Still bearish under 3330
Macro: Wait-and-react on NFP → NO prediction
📣 Final Note for GoldMinds:
This is not a prediction plan.
It’s a reaction plan.
We mapped the real zones.
Now let the volatility reveal which liquidity gets hit first.
💬 Drop a 🧠 if you’ve evolved past “buy now / sell now” noise.
Let’s hunt like pros — not guess like rookies.
Will gold prices rise again this week?As the US dollar is approaching the key middle track of the daily line, it is not far away. In the next two days, it is expected to end the rebound correction and continue to start a weak trend decline. Therefore, gold may also have a short-term bottom at any time in the next two days. The next step is to wait for a wave of pullback. At least the bottom low point of the previous convergence triangle of 3260-3270 will be tested and confirmed. After the test, if it cannot stand under pressure, there may be a second bottom test, a secondary low point or a double bottom, and then finally start a unilateral rise all the way; of course, if 3200 is not the low point of tonight, and the lower shadow of the daily closing is short, then it may be necessary to test the last 3175 position before determining the short-term bottom;
Gold is About to Continue Its Bull Trend🟡 Gold is About to Continue Its Bull Trend 🐂
XAU/USD is currently trading around $3,385 after a healthy consolidation. The structure remains bullish with higher lows and strong support above $3,350.
📌 Watch for a breakout above $3,389 to confirm continued upward momentum.
📈 If that level breaks, the next resistance is at $3,442, with $3,500 as a psychological target.
🛡️ Bull trend intact unless price drops below $3,350.
Bias: Bullish
Next resistance: $3,389 → $3,442 → $3,500
#Gold #XAUUSD #BullishTrend #BreakoutSetup #TradingView #Commodities
XAUUSD 3265: Bull-Bear Lifeline! Next Week's Trend PredictionFrom a daily chart perspective, overnight, the price of gold rebounded after hitting the bottom and closed with a bullish candlestick 🌞. However, on the 1-hour chart, the moving averages of gold have formed a bearish crossover pattern and are arranged in a downward trend for bears 📉. Moreover, this pattern will eventually continue to diverge downward. Currently, the price of gold has been suppressed and pulled back near the level of 3265 ⚠️. It can be seen from this that the area around 3265 will still be a crucial turning point determining the bull-bear trend of the gold price next week ⚡. Join 👉
In the latter part of the night, although the price of gold rebounded to some extent, compared with the previous decline range, the rebound strength is indeed limited 📉↗️. Looking ahead to next week, if the gold price fails to break through the resistance near 3265, then the market will most likely only maintain a volatile pattern at best, and it is less likely for the bulls in the gold market to achieve a direct reversal in the short term 📊. Investors should focus on the resistance at 3265 above and the strong support at the key level of 3195 below 🔍.
Join 👉
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
Gold Update – Complex Correction or Impulsive Reversal?
Price action has invalidated the prior Zigzag count. We are now tracking two scenarios:
White Path: The structure continues as a complex WXYXZ correction, with Wave Z still to come.
Yellow Path: A sharp rally may signal the start of a new impulsive Wave 1.
Key resistance is in play. Watch for reaction and divergence signs to validate either case.
Stay flexible and let the structure confirm the path.
Gold still has the potential to extend to 3420-3430.Fundamentals:
Focus on the Fed's interest rate decision;
Technical aspects:
Gold rose to 3397 and encountered resistance and fell back, and the bulls' momentum was insufficient. But I think the gold bulls are far more than that. Gold is bound to hit 3400, and even continue to the 3420-3430 area; since gold rebounded after hitting 3200, it has repeatedly built a solid bottom structure support below, and the oscillating rise has effectively supported the continued rebound of gold. As the center of gravity of gold moves up, the support structure also gradually moves up. The current short-term support is in the area around 3380-3370, and the second is in the area of 3365-3355.
Trading situation:
According to today's trading strategy: Go long on gold at 3350 in the morning and around 3375 in the afternoon. In order to lock in profits in time, manually close orders at 3366 and 3394 respectively. Today, the total profit in gold long transactions exceeded 360pips.
Trading strategy:
During the rising shock, there are profit opportunities for both long and short parties in some areas, but currently, overall, bulls have the advantage and are mainly long gold. Consider the opportunity to go long when gold falls back to the area around 3380-3370, TP: 3400.
Potential HSNot confirmed yet but I'm jumping in anyways. I bought some puts of GLD for May 23 strike 304. My SL triggers if the price breaks up the resistance shown and closes above in the daily timeframe. Might be some turbulence, bulls will try to push the price higher. too much noise in the political arena, but Gold is overbought and needs a healthy correction.
GOLD 1H CHART PATTERNThe chart shows a bullish breakout from a descending trendline after forming a triple bottom support around the 3,250 level on the 1-hour timeframe. The breakout is supported by strong bullish momentum and structure shift, with price making higher highs and higher lows. A successful retest of the broken trendline confirms the reversal. The setup suggests a continuation to the upside with good risk-to-reward potential. Entry is near 3,370, and the stop-loss is placed just below 3,350 to manage risk. This indicates strong buying interest and a potential move toward the next key resistance levels.
Entry : 3375
Target Zone: 3,500
Gold has rebounded in place, go high today firstAfter the gap at 3438 in the early trading, the market crashed and plunged. So far, the long target of 3440 has been achieved! China and the United States are preparing for tariff talks, which is a major negative. Spot gold plunged more than 60 US dollars from 3438 US dollars 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. At present, while paying attention to the Sino-US tariff talks, the global geopolitical situation should also be focused on: the focus is on the India-Pakistan conflict, the population of the two countries is close to 1.7 billion, and it will be terrible if the situation gets out of control; then the Russia-Ukraine stalemate, the US-Iran crisis, etc. are positive for spot gold, and the Federal Reserve's interest rate decision tomorrow morning also needs to be paid attention to. Today, China announced the spot gold reserve data. Long and short news hit the market in turn, and it is expected that there is a high probability of continued large sweeps within the day, and the overall trend is short within the day! The market fluctuates greatly and the rhythm is fast. There are opportunities for both long and short positions, and strict loss-taking operations! The first resistance above is the 3405 area, then the 3415-20 area and the early high of 3438 area, which can be used to short spot gold; the support below is 3350-55, then 3320-25
Has the road to gold adjustment begun?Gold has reached a high of around 3404, so this position can be used as an important pressure point. In this continuous upward trend, once there is a sharp decline, it is likely to be a signal that the short-term bulls have peaked. Then we need to consider whether the bears can reverse, and the current upper pressure point is also the high point of the last wave of pullback near 3393, and the lower support is at 3360.
Trading idea: short near 3387, sl: 3400 tp: 3370