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XAUUSDG trade ideas

XAUUSD: 17/4 Today's Market Analysis and StrategyTechnical analysis of gold Daily chart resistance 3400, support below 3193 Four-hour chart resistance 3358, support below 3292 One-hour chart resistance 3326, support below 3300 Analysis of gold news: On Wednesday, as US President Trump ordered an investigation into import tariffs on key minerals, market risk aversion quickly heated up, and gold prices broke through the $3,300 per ounce mark for the first time. Spot gold rose 2.76% after hitting an all-time high of $3,357 during the session. The dollar index fell 0.5%, making gold cheaper for overseas buyers, further pushing up gold prices. In this tariff war, various favorable factors continue to "escort" gold. With this rally, gold has risen 26% so far this year and is on the verge of surpassing its full-year 2024 performance. Gold operation suggestions: Yesterday's single-day increase reached 120 $, and the overall technical pattern has completely entered the bullish rhythm. At present, all technical aspects are overbought, and short-term technical indicators have lost their effect. The overall logic of the rise is greatly affected by the external risk aversion sentiment, and the bullish momentum still exists. From the current trend analysis, today's upper short-term resistance focuses on the vicinity of the 3326 mark, and the lower support focuses on the four-hour level 3292 first-line support. In terms of operation, continue to buy and trade with the trend when stepping back to this position. At the same time, gold is currently in a serious overbought pattern and beware of a sharp correction. Selling is suitable for quick entry and exit, and the stop loss risk is relatively high! Buying with the trend is the right approach! Sell: 3326near SL: 3330 Buy: 3292near SL: 3288 Buy: 3250near SL: 3245
TVC:GOLDLong
by ActuaryJ
Gold Updates April 17th ahead of Unemployment Claims🧠 Updated Structure & Trend (April 17 – Pre-Weekend Trading) ✅ HTF (D1, H4): Price has made a new all-time high at 3357, extending the bullish run — but we're now deep in premium exhaustion territory. 🟠 M30–H1: First signs of distribution and internal CHoCH on M15 are showing. No follow-through above ATH. Price is stalling, likely waiting for NY volume. ⚠️ Volatility is low, and Friday is a market holiday, so any manipulation or rejection will likely happen today. 🔼 New ATH: 3357 This makes previous zones like 3333–3340 less relevant for traps. Focus shifts to the true inducement zone: 🔻 3355–3365 → Main sniper short zone, valid only with clear M5 structure (BOS or reversal FVG). 🔻 Key Sell Zones (Updated): 3355–3365 → Final inducement / exhaustion zone near new ATH 3342–3345 → OB retest below weak high, valid only if confirmed with bearish PA on M5 🟢 Key Buy Zones (Same): 3284–3288 → OB + FVG + discount zone 3260–3265 → H1 equilibrium and last clean demand 3230–3235 → Deeper reentry zone if we get a flash crash before NY 📊 Trading Logic: If NY session spikes again into 3355–3365, we're ready to snipe with precision. If price fails to reclaim 3345 and breaks M5 structure, we target early shorts. On a clean dump, we look for longs in the 3280–3260 range, with confirmation. 📌 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.
FOREXCOM:XAUUSD
by GoldMindsFX
HelenP. I Gold may make correction and then continue to growHi folks today I'm prepared for you Gold analytics. Following a deep correction that pushed the price down to the support zone between 2975 and 2950 points, Gold made a strong bullish reversal. This zone had already acted as a key accumulation area in the past, and once again, buyers stepped in aggressively. The reaction from support 2 at 2975 points was sharp, with the price bouncing and forming a clear impulse move. As XAU continued to rise, it broke back above the trend line and retested it, turning former resistance into support. Shortly after, the price pushed above the local support zone between 3165 and 3185 points, confirming the strength of the bullish trend. This zone is now acting as a base for further growth. Currently, Gold is trading above the trend line and support zone, holding near the 3230 area. The recent bullish momentum, strong impulse structure, and consistent reaction to technical levels indicate that buyers remain in control. Given the breakout, successful retest, and strength from key support zones, I expect XAUUSD to continue rising toward my goal at 3300 points. If you like my analytics you may support me with your like/comment ❤️
OANDA:XAUUSDLong
by FirstNameHelen
22
GOLD(XAUUSD) -Weekly Forecast,Technical Analysis & Trading IdeasMidterm forecast: 2772.38 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 2772.38 is broken. OANDA:XAUUSD TVC:GOLD Technical analysis: A peak is formed in daily chart at 3167.60 on 04/03/2025, so more losses to support(s) 3000.00, 2955.00, 2879.11 and minimum to Major Support (2772.38) is expected. Take Profits: 2833.00 2879.11 2955.00 3000.00 3057.40 3100.00 3167.60 3200.00 __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . . . . Hit the 'BOOST' button 👍 . . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?) 🙏 Your support is appreciated! Now, it's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
FX:XAUUSDLong
by ForecastCity
30
Gold is Powering Through the Termination ChannelGold is right now in a very strong extended 5th wave. It has finished what I believe to be the third wave of that 5th wave, so now we are entering the 4th wave of the 5th wave. I believe it will be a very shallow 4th wave, and considering the speed of things, it will not retrace further than around the 3,000 level. and here on after continue up with the 5th wave. Normally we would anticipate retracement back to the 38.6% fib level, which is at the 2,766 level, but gold is storming and not looking back right now. When Gold has retraced a little, I would not be surprised if it is heading for the 4,000 level.
OANDA:XAUUSD
by TheDane
1
GOLD → Consolidation before the news. What to expect?FX:XAUUSD is not going to turn around. The level of economic risks is still at a high level and the price may continue to rise, but after the end of consolidation. Gold is back to a record $3,246 despite calm markets. Lower US bond yields and a pause in capital withdrawals are supporting demand for protective assets. Uncertainty around Trump's tariff policy and expectations of a Fed rate cut are driving prices higher. Additional support is provided by inflows into Chinese ETFs and expectations of Chinese GDP data. Further gold movement depends on headlines on tariffs and Fed rhetoric. Technically, the focus is on consolidation 3244 - 3187 and internal support level 3208. Resistance levels: 3244, 3270 Support levels: 3208, 3187 The market is likely to be in consolidation until tomorrow, when important economic reports will be published. But nevertheless, there could be strong movements intraday due to various factors. I expect to see a retest of support at 3208 or 3187 before further upside. But, consolidation near 3244, breakout and consolidation above the level may give a chance for growth Regards R. Linda!
FX:XAUUSDLong
by RLinda
7
Gold XAUUSD Possible Intraday Move 16.04.2025🟡 XAUUSD (Gold) Price Action Analysis – April 16, 2025 This setup is based on simple and pure price action—nothing fancy, just clean structure, breakout behavior, and the well-settled $25 range principle when Gold is out of consolidation. ✅ Buy Signal Zones (Based on Pure Price Action) 📍 Buy Zone 1: $3,270 – $3,275 Potential retest of the previous minor structure. Buy on bullish reaction or rejection. 📍 Buy Zone 2: $3,240 – $3,245 Strong support aligning with 50% Fibonacci. Previous resistance turned support—perfect for deeper pullbacks. 📍 Buy Scenario 3: No pullback, direct continuation Buy on strong breakout above $3,299 targeting $3,325. This aligns with the $25 range principle—a settled rule when Gold breaks out of range. 🎯 Target: $3,325 Pure price action logic: From the current structure, the next clean target lies at $3,325, exactly one $25 block higher. 📝 Summary: ✅ Buy from $3,270–75 or $3,240–45, with confirmation. ✅ Buy on breakout above $3,299 targeting $3,325. 🚫 Avoid shorts—structure favors bulls. This is simple and pure price action. No indicators, no confusion—just structure, reaction, and levels. Hit like, follow, comment and share to show support.
OANDA:XAUUSDLong
by QuinnReed_Charts
3
Intraday Price Target Outlook!Market Analysis – 30-Minute Chart Overview Upon analysing the 15-minute chart, we observe that the price opened with a gap during the Asian session and is currently trading just below a descending trendline. There is a potential for a breakout above this trendline; however, I anticipate a rejection around the 3356 level, as highlighted on the chart. If the price rejects from the 3356 resistance level, our first target would be 3305, followed by a second target at 3268. Alternatively, it’s advisable to wait for the price to approach and react to the 3356 zone. Once rejection is confirmed, consider initiating a short position. Risk Management Reminder: Always prioritise capital protection. Trade with proper risk management in place. Happy trading!
OANDA:XAUUSDShort
by SpicyPips
2
RSI 101: Revealing the Special Characteristics of RSIWhy does RSI have support and resistance levels at 40 and 60? Why does divergence happen between RSI and price? What is RSI momentum? All the characteristics of RSI (that I know) will be explained here. Formula and Meaning If you are using TradingView, you probably already know what RSI is and what "overbought" and "oversold" mean. So, I won’t repeat it here. Instead, I’ll dive deeper into the true nature of RSI, giving you a different perspective. You can skip the mathematical formula of RSI, it’s already discussed everywhere online. Just remember this ratio table: Here’s how I explain the table: At RSI = 50, the average gain equals the average loss (I'll call this the buy/sell ratio). This is a balanced point. Buyers and sellers are equally strong. At RSI ~ 60 (66.66), the buy/sell ratio = 2/1. Buyers are twice as strong as sellers. At RSI ~ 40 (33.33), the buy/sell ratio = 1/2. Sellers are twice as strong as buyers. At RSI = 80, the buy/sell ratio = 4/1. Buyers are four times stronger. At RSI = 20, the buy/sell ratio = 1/4. Sellers are four times stronger. The formula shows that when RSI reaches 80 or 20, the buyer or seller is extremely strong — about four times stronger — confirming a clear trend. At these levels, some Trading strategies suggest placing a Sell or Buy based on the overbought/oversold idea. But for me, that’s not the best way. The right approach is: when a trend is clearly formed, we should follow it. I'll explain why right below. Look at this chart showing RSI changes with the buy/sell ratio: When RSI > 50: When RSI < 50: You can see that the higher RSI goes, the slower it climbs, but the high buy/sell ratio makes price move up faster. Similarly, when RSI goes lower, it drops slower but price drops faster. That’s why at overbought (RSI=80) or oversold (RSI=20) areas, you need to be careful. Even a small RSI moving can lead to big price changes, easily hitting your stop loss. On the other hand, if you follow the trend and wait for RSI to pull back, you will trade safer and more profitably. RSI Key Levels Here are some special RSI levels I personally find useful when observing FX:XAUUSD : (These levels are relative. They might vary with different timeframes or trading pairs. Check historical data to find the right ones for you. On bigger timeframes like M15 or above, the accuracy is better.) RSI = 20 When RSI hits 20, sellers dominate. This confirms a trend reversal to bearish. RSI = 80 When RSI hits 80, buyers dominate. This confirms a trend reversal to bullish. RSI = 40 This is a sensitive level. Sellers start gaining the upper hand (sell/buy = 2/1). If buyers lose 40, they lose their advantage. So RSI >= 40 is "buyer territory". In an uptrend, RSI usually stays above 40. RSI = 40 acts as support in an uptrend. RSI = 60 Same idea. RSI <= 60 is "seller territory". RSI = 60 acts as resistance in a downtrend. 40 and 60 are considered the key levels of RSI. Now you guys know why RSI has support/resistance around 40/60! RSI Range As you know, RSI moves between 0 and 100. Since RSI >= 40 is buyer territory, we can see the relationship between price and RSI: When RSI stays above 40, price tends to move in an uptrend: When RSI stays below 60, price tends to move in a downtrend: When RSI stays between 40 and 60, buyers and sellers are balanced, and price moves sideways in a box: When RSI is moving, It creates a RSI Range. Whenever the trend switches between the three states — uptrend, sideways, and downtrend — a Range Shift is formed. At first, RSI moves in 40-60 range, price moves sideways. A strong price move pushes RSI to 80. Later, RSI stays above 50, helping price grow strongly. When momentum fades, RSI returns to 40-60 and price moves sideways again. Note: RSI reflects Dow Theory by showing the stages of accumulation, growth, and distribution. And as you see, when RSI touches key levels, the trend often pulls it back. RSI Momentum Price momentum means how fast price changes.RSI momentum represents the change in the strength between buying and selling forces. When RSI > 50: If price falls, RSI shows high momentum — RSI drops fast but price drops slowly. If price rises, RSI shows low momentum — RSI rises slowly but price rises fast. For example, at first RSI is above 50. Price drops from (a) to (b) by 44 units, RSI drops from (Ra) to (Rb) by 25 units. Later, RSI drops from (Rb) to (Rc) (also 25 units) but price drops from (b) to (c) by 73 units. When RSI < 50: If price falls, RSI has low momentum — RSI drops slowly but price falls fast. If price rises, RSI has high momentum — RSI rises fast but price rises slowly. RSI and Price Divergence Divergence happens when price and RSI move in opposite directions: Price goes up but RSI goes down, or vice versa. Why does divergence happen? In a strong downtrend, price forms a bottom at point (1), and RSI drops to level (r1). When a price pullback happens, price pushes up to a peak at point (2), and RSI also bounces back to level (r2). Because the downtrend is strong, after completing the pullback (1-2), price continues to make a lower bottom at point (3). At this point, remember the behavior of RSI momentum when RSI is below 50: It takes a large price drop (from 2 to 3) to cause a small RSI drop (from r2 to r3). Meanwhile, even a small price increase (from 1 to 2) causes a large RSI rise (from r1 to r2). Since the distance (1-2) is smaller than (2-3), but the RSI move (r1-r2) is bigger than (r2-r3), divergence is created. Divergence shows that the current trend is very strong, not a complete signal of a trend reversal. (I might share with you how to spot a complete RSI reversal signal in future posts.) As shown in the example above, after forming bottom (5) and creating a bullish divergence between (3-5) and (r3-r5), price still kept dropping sharply while RSI kept rising. In these areas, if you keep trying to catch a reversal just based on divergence, you will likely need to DCA or cut your losses many times. That’s why the most important thing in trading is always to follow the trend. RSI Exhaustion RSI Exhaustion happens when RSI keeps getting rejected by a resistance or support zone and can’t break through. After a strong downtrend, RSI recovers but stalls around the 5x zone. It tries many times but fails, showing buying power is weakening. Then the downtrend continues: Exhaustion near high or low RSI levels creates stronger divergences than exhaustion in the middle range: Double or triple tops/bottoms on RSI (M or W shapes) basically indicate RSI exhaustion. RSI Can Identify Trend Strength In an uptrend: If RSI pulls back to a higher level before going up again, the trend is stronger. The pullback should not fall too deep (below 40). Example: First rally: RSI drops to 60 before rising again → strong rally (273 units). Second rally: RSI drops to 50 before rising again → weaker rally (94 units). Same idea for a downtrend: If RSI pullbacks to 50 then drops again, the downtrend is stronger than if it pullbacks to 60. RSI Support and Resistance Besides 40-60 acting as support/resistance, RSI also reacts to old tops and bottoms it created. Why does this happen? RSI is calculated from closing prices. On a higher timeframe, the candle close price is a high/low or support/resistance price on lower timeframes. When RSI moves in a trend on a higher timeframe, it maintains a buy/sell ratio, forcing lower timeframe RSI to oscillate within a range. Example: On H4, RSI stays above 40 → uptrend. It makes H1 RSI move between 30-80. Sharp RSI tops/bottoms react even stronger because they show strong buying/selling forces. Summary When looking at the price chart, we can see that price can rise or fall freely without any defined boundaries. However, RSI operates differently: it always moves within a fixed range from 0 to 100. During its movement, RSI forms specific patterns that reflect the behavior of price. Because RSI has a clear boundary, identifying its characteristics and rules becomes easier compared to analyzing pure price action. By studying RSI patterns, we can make better assumptions and predict future price trends with higher accuracy. I have shared with you the core characteristics of RSI, summarized as follows: Besides overbought (80) and oversold (20), RSI respects 40 and 60. 40 is support level in an uptrend. 60 is resistance level in a downtrend. In an uptrend, RSI stays above 40. In a downtrend, RSI stays below 60. An RSI Range-Shift leads to a trend change. RSI Divergence shows strong trends. Double or triple tops/bottoms show RSI exhaustion → potential reversals. The higher the RSI level, the slower it moves, but the faster the price rises. The lower the RSI level, the slower it moves, but the faster the price falls. A strong uptrend can be identified when RSI moves within a higher range or shows continuous bearish divergences. A strong downtrend can be identified when RSI moves within a lower range or shows continuous bullish divergences. RSI reacts to its old tops and bottoms. Sharper RSI peaks show stronger selling. Sharper RSI bottoms show stronger buying. In the next parts, I’ll show you how to apply these RSI's Characteristics to trend analysis, multi-timeframe analysis, and trading strategies, that you might have never seen before. I trade purely with RSI. Follow me for deep dives into RSI-based technical analysis and discussions!
FX:XAUUSDEducation
by dangtunglam14
GOLD Is Bearish! Short! Take a look at our analysis for GOLD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 3,290.99. Taking into consideration the structure & trend analysis, I believe that the market will reach 3,179.46 level soon. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
TRADENATION:XAUUSDShort
by SignalProvider
1
Technical indicators warn of the risk of a short-term correctionThe recent gold price has reached a record high, mainly driven by the escalation of global trade frictions and the expectation of the Fed's easing. Although the Trump administration has temporarily revoked tariffs on some goods, it has threatened to impose tariffs on automobiles, semiconductors and pharmaceuticals. The repeated policies have exacerbated the market's risk aversion. At the same time, the market expects the Fed to cut interest rates by 100 basis points in 2025, and the US dollar index has fallen to its lowest level since April 2022, further supporting gold prices. Technically, gold prices are facing short-term correction pressure, with the key position below being supported by today's lowest point at 3312. If the opening high of 3344 is effectively broken above, it may rise to the 3358-3370 range again. In the medium and long term, trade uncertainty and expectations of monetary easing will still provide support for gold, but we need to be wary of the volatility risks brought about by policy easing or a rebound in the US dollar. Focus on key price breakthrough signals and respond flexibly to short-term fluctuations. Gold recommendations for the evening: Go long at 3317-3312, with a target of 3340.
OANDA:XAUUSDLong
by Patrick-Daniel
XAUUSD Sniper Plan – April 16, 2025🟨 XAUUSD Sniper Plan – April 16, 2025 🎤 Pre-Powell Speech – Gold hit 3333 ATH... what’s next? 🌐 Macro Context Gold just printed a fresh ATH at 3333. All eyes now on Fed Chair Jerome Powell – his upcoming speech could spike volatility in both directions. If Powell sounds hawkish → possible USD strength → gold correction. If dovish → gold could explode higher into 3350–3365 before retracing. 📊 Market Bias ✅ HTF (H4–D1) trend: Bullish 🔄 Intraday: Overextended – potential short-term correction zone forming 🔺 ATH liquidity sweep at 3333 already done. We're now in premium territory = reversal risk increases. 🔻 Sell Setup 1 – Sniper Sell from 3340–3342 OB 🎯 Entry: 3340–3342 🛑 SL: 3347 ✅ TP1: 3325 ✅ TP2: 3308 ✅ TP3: 3288 🧠 Logic: Fresh OB at the top + RSI showing divergence + possible Powell spike = ideal top sniper sell zone. 🔻 Sell Setup 2 – Final breakout trap sell at 3350–3352 🎯 Entry: 3350–3352 🛑 SL: 3360 ✅ TP1: 3330 ✅ TP2: 3305 ✅ TP3: 3285 🧠 Logic: If price squeezes one last push into 3350–3360 zone, this would trap late buyers chasing breakout. Perfect for short entry post-fakeout. 🟢 Buy Setup 1 – Buy from clean H1 demand below 3300 🎯 Entry: 3291–3293 🛑 SL: 3285 ✅ TP1: 3305 ✅ TP2: 3320 ✅ TP3: 3330 🧠 Logic: Unmitigated H1 OB just under 3300 + fib discount zone + bullish trend continuation setup. 🟢 Buy Setup 2 – Deep retracement buy from HTF OB 🎯 Entry: 3273–3276 🛑 SL: 3267 ✅ TP1: 3290 ✅ TP2: 3308 ✅ TP3: 3325 🧠 Logic: HTF demand + deep fib retrace zone + RSI reset. If Powell triggers a deeper flush, this zone could catch the bounce. ⏱️ Powell Risk Note: Powell’s speech can spike both directions. Wait for M5/M15 confirmation, don’t jump in early. Expect volatility, false breakouts, and possible whipsaw traps. Stick to clean sniper entries only. 🧠 Final Bias: 🔁 Intraday: expecting a final top around 3340–3365, then short-term correction. 🔂 HTF: still bullish, but pullback toward 3285–3300 is healthy and likely. ⚠️ Best RR setups are at the extremes – not in the middle of nowhere.
OANDA:XAUUSD
by GoldFxMinds
Gold hits new heights again, price correction may occurThe current consolidation fluctuations are completely in line with my previous predictions. The market has hit new all-time highs again and there is a possibility of moving towards higher levels. The price has now hit the resistance area around 3320, which may mean the possibility of a correction in this area, creating long opportunities. The price has formed a sideways trend around 3220 points, which may be looking for a buy trade signal. In addition to these, there is an ascending trend line below the range, which previously served as both support and resistance. In view of the interest rate cut information released by the European Central Bank today, Quaid expects market volatility to increase. The expected target is the resistance area around 3390 points. The market may continue to rise. On the chart, the price formed a strong positive line, which indicates the continuation of the upward trend. Currently, its price is retracing after hitting a new high. Some consolidation areas can be seen now, which play a supporting role in the bullish market. In addition, there is an ascending trend line, which has been broken many times before. I think that the retracement area of ​​the previous volatility range may be a benign area to expect the continuation of the rise. Quaid recommended: Aggressive trades can be made by going long in the current consolidation area. Smooth trading allows for part-time observation. I hope this analysis can help you. I am Quiad. Seeing my analysis strategy, no matter the past gains and losses, I hope you can achieve investment breakthroughs with my help and turn every tide of the gold market into our wealth wave.
OANDA:XAUUSDLong
by Quaid-1
1
Hanzo | Gold 15 min Breaks – Will Confirm the Next Move🆚 Gold – Hanzo’s Strike Setup 🔥 Timeframe: 15-Minute (15M) ——————— 💯 Main Focus: Bullish Breakout at 3343 We are watching this zone closely. 📌 If price breaks with high volume, it confirms Smart Money is in control, and a strong move may follow. 💯 Main Focus: Bearish Breakout at 3314 We are watching this zone closely. 📌 If price breaks with high volume, it confirms Smart Money is in control, and a strong move may follow. ——— 🩸 15M Time Frame Analysis CHoCH & Liquidity Grab — CHoCH & Liquidity Grab @ 3240 CHoCH & Liquidity Grab @ 3185 Strong Rejection from 3100 – The Ultimate Pivot Strong Rejection from 3240 – The Ultimate Pivot Strong Rejection from 3200 – The Ultimate Pivot 🔥Key Level / Equal Area — Key Level / Equal lows Formation - 3195 Key Level / Equal High Formation - 3245 X6 Retest Valid Key level - 3239 X6 Retest Valid Key level - 3212 🔻 Every warrior needs a tribe. Follow Hanzo. Support the path. 👌 The Market Has Spoken – Are You Ready to Strike?
TVC:GOLD
by Path_Of_Hanzo
4
4/16 Gold Trading StrategiesYesterday, gold moved within a narrow range, as anticipated. After rising toward the 3230 level, it encountered selling pressure and pulled back, which provided us with some profitable short-term opportunities. Currently, gold has broken above 3240 and continues to climb steadily. A conservative estimate suggests that a push toward 3250 is achievable without much resistance. However, this is a new high, and after a rapid ascent, it’s common to see profit-taking from long positions and short sellers entering the market from the sidelines. Therefore, chasing long positions at current levels carries increased risk and should be approached with caution. Today’s Trading Recommendations: Sell Zone: 3255 – 3270 A potential resistance zone where short positions may be considered. Buy Zone: 3178 – 3158 Key support area for initiating long positions if the price corrects. Range Trading Zones: 3240 – 3220 3188 – 3220 Suitable for flexible trading strategies based on real-time price action and candlestick signals. Summary: While gold remains in an uptrend, the market is approaching a sensitive area where both selling pressure and volatility may increase. Be cautious with chasing highs, and focus on technical levels for strategic entries and exits. The potential for a short-term reversal or pullback remains if resistance holds strong.
FOREXCOM:XAUUSDShort
by China_MsWang
DeGRAM | GOLD Will Test Support Before Growth📊 Technical Analysis Gold is moving steadily inside an ascending trend. After reaching the upper boundary $3343, a pullback is forming. Support is seen near 3,280–3,290. Resistance zone lies between 3,360–3,380, where the price may reach after the correction and rebound from support. 💡 Fundamental Analysis Fed Policy Shift: Markets are pricing in potential rate cuts in coming months, weakening the USD and favoring gold. Geopolitical Risks: Ongoing global tensions and post-tariff trade friction. ✨ Summary A short-term pullback may offer a new buying opportunity around 3,280, with targets at 3,360–3,380. Macro uncertainty and Fed easing expectations support the trend. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
OANDA:XAUUSDLong
by DeGRAM