Bearish Divergence on RSI - Daily Chart - Gold - XAUUSDWe have Bearish Divergence on the RSI Daily Chart for Gold - XAUUSD. This is fairly unusual and suggests the next path will be down. I therefore suggest a down day tomorrow - a red candle if that's your color scheme - and perhaps beyond, perhaps going to the 50% retracement of the previous upwards move (on the Daily chart) or beyond. My target price is indicated on the chart.
XAUUSDG trade ideas
GS raises gold target to $4,000, UBS to $3,500 Goldman Sachs and UBS have issued another round of bullish forecasts for gold, citing ongoing market uncertainty (i.e., tariffs).
Goldman analysts now expect gold to reach $3,700 per ounce by the end of 2025, with a potential rise to $4,000 by mid-2026. UBS holds a slightly more conservative view, projecting $3,500 by December 2025.
Technically, gold has pulled back from new all-time highs seen during the Asian session but potentially remains in a strong uptrend. With prices trading well above both the 50-day EMA and 200-day EMA, shallow retracements may find support, especially as tariff-related risks persist for at least the next 90 days.
XAU/USD – Potential Reversal with RSI Divergence (12H)XAU/USD – Potential Reversal with RSI Divergence (12H)
Keeping a close eye on Gold in the 12-hour timeframe, and I’ve spotted a clear bearish RSI divergence.
While price is making higher highs, the RSI is forming lower highs, indicating potential weakness in the bullish momentum.
🔻 The highlighted zone on the chart marks a key liquidity area, which now seems to be acting as resistance.
📉 We already saw a first rejection from that zone and a possible beginning of a correction (red arrow on chart).
📊 Confluences:
Bearish RSI divergence (white trendline on RSI)
Price at a strong resistance zone
Possible retracement towards EMA 9 or EMA 20
💡 I’m waiting for confirmation via price action (e.g., market structure break or strong reversal candle) before considering an entry.
⚠️ This is not financial advice – just my personal view of the market at the moment. Always do your own analysis and manage your risk.
Gold Breakout Loading: Will It Soar or Sink?📢 Hey Gold Traders!
✨ The gold market is currently dancing between strong technical levels, giving us a clear range to watch:
🔼 Resistance: $3239
🔽 Support: $3195
🧭 Trading Strategy: Stay on the sidelines until we see a solid breakout. Let the market show its hand before making a move!
💎 Bullish Scenario
A confirmed breakout and close above $3239 could spark bullish momentum. If this level gives way, we’ll be eyeing long-term buy opportunities. 📈🚀
🔥 Bearish Scenario
A break and close below $3195 could open the door for more downside, signaling potential short setups. 📉💥
🛡 Risk Management is Key
Don’t forget your trading armor — manage your lot size, set those stop-losses, and always protect your capital. 💼🛡️
⏳ Patience Pays
No need to rush! The best trades come to those who wait. Let the setup come to you. 🎯🧘♂️
💬 Stay smart. Stay sharp. Trade safe!
Gold will fall to close the gap.📉 Technical Overview:
Price broke down from a rising channel, signaling a potential reversal.
A bearish flag/descending triangle is forming, showing continued selling pressure.
Multiple rejections at the trendline and EMAs confirm bearish sentiment.
Price is trading below key EMAs and below the 200 MA → bearish confirmation.
A minor support has been broken several times → weak buyer defense.
📍 Trade Plan:
Stop Loss: 3220 (130 pips)
Take Profit: 3176 (gap fill target)
RR: 2.3
✅ Summary: Structure break + lower highs & lows + rejection at resistance suggests price may continue falling toward the 3176 area to close the gap.
XAU/USD Weekly Outlook Liquidity Grab Before Next Move📌 XAU/USD Weekly Outlook: Range-Bound Behavior Hints at Potential Liquidity Grab Before Next Move 💰📊
Gold (XAU/USD) is currently consolidating within a broad 30-point price channel between 3,216 and 3,246. Price action shows clear indecision, as bulls and bears wrestle for control without confirmation of a breakout or breakdown.
While the overall trend remains bullish, momentum has softened compared to last week. Technical indicators are signaling overbought conditions, and a deeper liquidity sweep is becoming increasingly probable. Traders should remain patient and watch for clearer signals during the upcoming European session.
🔍 Market Structure Highlights
Upside Barriers: 3,246 (ATH), 3,255, 3,268, 3,285, 3,302
Downside Supports: 3,216, 3,195, 3,172, 3,152, 3,120
📈 Trade Opportunity Zones
Potential Long Setup:
Buy Zone: 3,172 – 3,170
Stop Loss: 3,166
ls: 3,176 | 3,180 | 3,184 | 3,188 | 3,192 | 3,196 | 3,200
Potential Short Setup:
Sell Zone: 3,268 – 3,270
Stop Loss: 3,274
Target Levels: 3,264 | 3,260 | 3,256 | 3,252 | 3,248 | 3,244 | 3,240
🧭 Weekly Strategy Insight
With no significant economic data on the calendar this week, price movements will likely be driven by intraday liquidity and order flow. Focus should be placed on the London and New York sessions, where volume tends to peak and directional bias becomes more evident.
Current market behavior suggests that a fake-out or liquidity trap could develop before the next significant move. Traders are advised to avoid chasing price and instead wait for optimal entries at key zones.
⚠️ Risk Reminder
Even in the absence of major news, volatility remains elevated. Always execute trades with a solid risk plan and predefined TP/SL levels. Protect your capital first — the opportunities will come with patience and discipline. 🛡️
Gold Market Outlook: Potential Pullback in Play Following Early Early this morning, the gold market opened with a downside gap, potentially signaling the beginning of a corrective phase. With no high-impact economic events on the calendar today, price action may remain sideways or retrace toward the previous session’s low. On the 1-hour timeframe, bearish divergence has already been identified, supporting the case for a short-term pullback.
A similar consolidation phase occurred after the bullish momentum seen from March 11 to March 20. If no unexpected developments influence the market, comparable price behavior could emerge. Overall, conditions suggest a classic breakout–pullback–continuation scenario, which is consistent with typical movements following strong directional trends. A key resistance zone near the 3280 level is currently being observed as a potential target area
XAUUSDHello, traders
This chart is an insightful visual representation of technical analysis for the Gold Spot price (XAU/USD) against the U.S. Dollar. Based on its design, it seems geared toward identifying potential price movement patterns and decision points for trading. Here are some key takeaways:
1. **Fibonacci Retracement Levels:** Highlighted at 0.618 and 0.886, they indicate potential zones where the price might reverse or consolidate, valuable for planning entry and exit points.
2. **Significant Price Levels:** Labels like PDH (Previous Day High), PDL (Previous Day Low), and PWL (Previous Week Low) provide context on past market performance, which can signal future behavior.
3. **Market Structure Insights:** Annotations like BOS (Break of Structure) and CHoCH (Change of Character) help traders analyze shifts in trend or market momentum.
4. **Current Market Data:** With an ask price of 3,238.290 and a bid at 3,237.570, accompanied by a visible increase in volume, this may suggest heightened market activity.
SHORT ON GOLD (XAU/USD)Gold has found a ceiling and has given a bit of a double top with a change of market structure from up to down.
Its currently retesting the supply area that provided the choc (change of character)
I will be selling gold to the next support level looking to make a $50 move which is 500 pips.
Managed Money Selling Gold into Strength to Take ProfitsGold has entered a consolidation phase after surging from 2970 to 3245 last week. Ongoing headlines about tariffs continue to fuel global demand, with strong interest seen in China and U.S. However, there are early signs that gold prices may be approaching a short-term supply-demand equilibrium.
COMEX inventory data recently showed that, for the first time in this rally (since December), physical demand has not increased over the past few days. While demand remains strong overall, this could be an early signal of slowing momentum.
The latest COT report indicates that total net managed money positions have been slowly declining since early February, with the pace of reduction picking up recently. This suggests that smart money is locking in some profits while the market remains strong. Still, net positioning remains elevated.
In the short term, this might not trigger a major reversal, but gold bulls should stay cautious and consider tightening stop-loss levels to manage risk.
A possible flag pattern appears to be forming, though the structure is not yet fully developed. The key resistance to watch is 3245. Unless this level is broken, gold could be forming a horizontal or slightly bearish flag beneath it.
Short-term support levels to monitor are 3200, 3175, and 3130 for now. These will be updated as the price action evolves.
XAUUSD Analysis todayHello 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.
$XAUUSD Gold | Are We Looking at a Local Top Here?Looking at Gold again, I’m going a bit out on a limb and saying: There’s a good chance we’ve just seen a local top — at least for the coming weeks.
Last time I was pretty spot on with my target after being wrong about the top. I wanted to see $2,955, and Gold ended up reaching $2,956.5 — missing my level by just $1.50. Totally fine, especially considering the huge rally that followed.
But now it looks like that rally might be losing steam. We’re currently trading between the 127.2% and 138% Fibonacci extension levels, specifically between $3,225 and $3,250. That’s a zone I see as highly likely for a short-term correction.
Possible downside targets?
First $3,146, then lower at $3,034, and ideally even a move back toward $2,900.
Of course, a lot will depend on macro news, especially from the US — tariffs, geopolitical risks, and overall market sentiment. If Gold pushes above $3,300, then this whole scenario gets invalidated and I’d switch to an alternative setup that I haven’t detailed here yet.
The RSI is also sitting deep in overbought territory, with multiple bearish divergences building — which supports the idea of a pullback.
But as always: Just because the RSI is overbought doesn’t guarantee an immediate drop. We still need price confirmation.
Gold 4.14 AnalysisLooking back at the trend of last Friday, gold showed a fluctuating upward trend driven by three consecutive big positive lines. Affected by the escalation of the tariff war, the bullish momentum is still strong. Every time the European and American markets fall back to around 3210, there is a support rebound. In the late trading, gold fell back to around 3220, showing that the market fluctuated greatly in the short term. The fluctuation range from Wednesday to Friday last week was close to 300 points, and the gold price has repeatedly refreshed its historical highs this year, which is in line with the characteristics of the bull market, and is supported by the global economic downturn and the rising demand for risk aversion. The expectation of the Fed's interest rate cut also provides support for the gold price.
From the current market situation, the weekly line closed with a big positive line. In the short term, the bulls still dominate, but the possibility of a surge is not great, and the market may undergo some technical repairs. The daily chart shows three consecutive positive lines, but the early trading opened low and went low, and the price was still suppressed by the aforementioned suppression level. The current support level is still around 3210. If this point breaks, shorts may gradually form and the market sentiment will change. Therefore, today's strategy is still based on high-altitude, especially the two suppression levels of 3237 and 3245 are worth paying attention to.
From the trend chart, the rebound high point of last Friday's late trading moved down, indicating that prices may continue to adjust in the short term, and technical repair is inevitable, but this will not happen quickly. Therefore, if market news cools down and technical repairs are made this week, gold prices may usher in a larger correction. Overall, 3237 and 3245 are still key short-selling points. If the price breaks through 3250, it may form greater downward pressure.
Regarding silver, it is still in the low-level stabilization stage of the large cycle. There may be a repair rebound in the short term, but the overall trend is still biased downward. It is expected that the silver market will have a greater risk of correction this week, and it is not clear when it will fall.
Gold operation strategy:
The Asian session opened low and moved low, and long opportunities can be found at the support level near 3210, with the goal of repairing the gap.
Early trading range: 3215-20 can be used as a buying range, and long positions can be appropriately intervened.
Pay attention to the two suppression levels of 3237 and 3245 for short positions. When the rebound is strong, you can enter the short position at the right time.
If the price reaches around 3250, you can consider long-term short positions, with a target of 50-80 points and a stop loss at 3263.
In the short term, the gold market is volatile, and you need to flexibly adjust your strategy when operating, paying attention to the repair of the technical aspects and the performance of important support and suppression levels.
GOLD 17 NOVEMBER 2023 "GOLD WILL BE ZERO"Hello, good afternoon ladies and gentlemen
This time I saw something strange in Gold, yes I saw Gold going to its highest peak like Mount Everest which caused many climbers to die there. If gold touches the highest area, I hope you have done a lot of good deeds, apologize if you have done a lot of wrong to other people, I hope that all your sins have been erased by God. Because of what? because if gold touches that area, I think there will be an apocalypse after that, okay enough from me. by the way I am an alliance trader from the Rothschild family
Gold TA 25.4.5Hello everyone, I hope you're doing well. In the 1-hour timeframe, the price of gold has taken a downward trend and has formed two lower lows. There is a very strong order block visible on the chart, and I expect that after the price retraces to this order block, it will react and continue to move down. We will wait for the price to reach this order block, then in the 5-minute timeframe, we will take the right trades and enter a short position. Keep in mind that in higher timeframes, the market is moving upwards, so short positions carry higher risk.
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: GPTradersHub
📅 25.Apr.5
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better
CFD Gold Chart Analysis: Wave 4 in FocusHello friends, let's analyze the Gold CFD chart from a technical perspective. As we can see, the higher degree Cycle Wave III (Red) has completed, and we're currently in Cycle degree Wave IV (Red). Within Wave IV, we expect a Primary Degree ((A)), ((B)), and ((C)) in Black. Wave ((A)) has completed, Wave ((B)) is almost complete, and Wave ((C)) is expected to follow.
Within Wave ((B)) in Black, we have Intermediate Degree Waves (A), (B), and (C) in Blue. Waves (A) and (B) are complete, and Wave (C) is nearing completion. Once Wave (C) in Blue completes, Wave ((B)) in Black will end, and Wave ((C)) in Black should begin.
According to theory, Wave ((A)) came down and then wave ((B)) retraced upwards so now Wave ((C)) should move downwards, forming a zigzag correction. The equality level is around $2858. However, we don't know if it will reach this level or extend/truncate.
The invalidation level for this view is 3169.23. If the price breaks above this level, our analysis will be invalidated.
This analysis is for educational purposes only and not trading advice. There's a risk of being completely wrong. Please consult your financial advisor before making any trades.
I am not Sebi registered analyst. My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
Heading into Fibonacci confluence?XAU/USD is rising towards the resistance level that lines up with the 61.8% and 100% Fibonacci projection and the 161.8% Fibonacci extension and could reverse from this level to our take profit.
Entry: 3,298.73
Why we like it:
There is a resistance level that lines up with the 61.8% and 100% Fibonacci projection and the 161.8% Fibonacci extension.
Stop loss: 3,168.09
Why we like it:
There is a pullback support level.
Take profit: 3,60.00
Why we like it:
There is a resistance level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Gold Sell Cruiser Gold hit another high due to economic uncertainty created by Trump's tariffs.
Or it could be simply SL hunting
In any scenario, Gold cannot just keep going up. That is why, I am shorting
Rules
Risk no more than one per cent
Always follow risk management
Once trade hits 200 to 300 pips profit, Set SL to breakeven
Swing trade setup- have patience