Gold Bearish Outlook | Short Opportunity AheadGold has just tested a major resistance zone at $3,390–$3,400 and faced a sharp rejection, forming a possible double top. The price is still respecting the parallel ascending channel, but current momentum suggests a bearish move could be underway.
🔍 Key Technical Levels:
Resistance: $3,390 – $3,400 (strong rejection zone)
Support: $3,282 (watch for reaction here)
Channel Structure: Price is still within an ascending channel
📉 Possible Scenarios:
1. Bearish Scenario:
If the price breaks below $3,340 and sustains momentum, we could see a drop to $3,282 support — a key level to watch for a potential bounce or further breakdown.
2. Bullish Scenario (less likely short-term):
If bulls regain control, watch for a breakout above $3,400, confirming upside continuation.
💡 Trading Idea:
Currently leaning bearish unless we see a confirmed breakout above resistance. Short setups could be considered on lower timeframes with targets near the support level.
💬 Let me know what you think — will gold break down or bounce back? 👇
👍 Like & follow for more trade ideas and updates!
#XAUUSD #Gold #TechnicalAnalysis #PriceAction #TradingView #Forex #Commodities
XAUUSDK trade ideas
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone,
Here’s our latest weekly chart update. Once again, the Goldturn Channel continues to prove its reliability, with price action unfolding just as anticipated.
Last update on this chart, we noted multiple failed attempts to break above the channel top, each confirmed by the EMA5 being unable to close through resistance. This led to a pullback as low as 3189, nearly touching the 3094 level right near the channel's half line, a key support zone we've been closely monitoring.
This week, we saw the rejection from the channel top. The channel top gave the rejection into the lower 3281 axis level. Despite the drop, there was no close below 3281, which has provided continuous bounces on the smaller timeframes. Price action is now playing between the 3281 level and the channel top.
We’ll be watching closely for a decisive break on either side to determine the next directional move. The 3387 gap also remains open and in play.
As long as price remains above the channel half line and especially now above 3281, we will continue looking for dip buying opportunities on retracements, using our intraday levels for targeted 20 to 40 pip moves. If the price pulls back below these key levels, we’ll reassess for potential downside toward the lower boundary of the channel.
This is exactly why we stick with our Goldturn Channel methodology, our proprietary system based on weighted averages. It cuts through the market noise, distinguishes real breakouts from fake outs, and empowers us to trade with confidence and clarity.
Thanks again for your continued support, your likes, comments, and follows mean a lot.
MR GOLD
GOLDVIEWFX
XAU/USD Buy Setup Explanation (Using Fibonacci Levels)This chart presents a bullish trading setup on gold (XAU/USD) based on a Fibonacci retracement strategy. It suggests a buy opportunity after a pullback.
✅ Fibonacci Levels:
> 0.0% (Top): $3,331 – recent swing high (used as reference)
> 23.6%: $3,312 – minor resistance zone
> 38.2%: $3,297 – initial pullback area
> 50.0%: $3,290 – psychological mid-level
> 61.8% (Golden Ratio): $3,280 – key Fibonacci support
> 78.6%: $3,266 – deeper retracement support
> 100% (Bottom): $3,249 – recent swing low
🟪 Buy Zone (Between 50% and 61.8%):
The marked BUY ZONE is between $3,290 and $3,280, aligning with the Fibonacci golden pocket.
This is a high-probability reversal area, as it combines:
Strong Fibonacci confluence (50%–61.8%)
Prior price reaction zones (structure-based support)
: TP1: $3,320 – aligns with previous structure zone and 23.6% retracement.
: Final Target: $3,350 – a retest of the major resistance and previous high.
📌 Conclusion:
This is a classic Fibonacci retracement long setup:
Wait for a bullish reversal pattern (e.g., pin bar, engulfing) in the buy zone.
As long as the price holds above $3,266, the bullish structure remains valid.
Ideal for swing traders looking to catch a bounce off the golden ratio support.
GOLD Price Analysis: Key Insights for Next Week Trading DecisionIn this video, we dissect how gold traded last week (May 26–30), why the price hovered near the top of a descending channel, and what’s driving market indecision. From geopolitical tensions to Federal Reserve interest rate uncertainty, we connect the dots between fundamentals and technical structure, enabling you to make better-informed trading decisions.
📅 Key Events to Watch This Week:
✅ISM Manufacturing PMI
✅ADP Employment Change
✅ISM Services PMI
✅Average Hourly Earnings
✅Non-Farm Payroll (NFP)
🎯 In this analysis, I walk you through:
🔸My technical blueprint (key zones for buyers & sellers)
🔸My bullish and bearish scenarios based on the structure on the chart
🔔 Don’t forget to like the video in support of my work.
Disclaimer:
Based on experience and what I see on the charts, this is my take. It’s not financial advice—always do your research and consult a licensed advisor before trading.
#GoldAnalysis #XAUUSD #GoldPriceForecast #GoldTrading #ForexAnalysis #MarketOutlook #NFP #FOMC #TechnicalAnalysis #FundamentalAnalysis #GoldBulls #GoldBears #TradingStrategy #Darcsherry #XAUUSDAnalysis #GoldOutlook #GoldPricePrediction
XAUUSD - GOLD 2.06.2025Economic Environment and Gold Valuation
The economic factors influencing gold prices remain pivotal, particularly as we navigate through June 2025. The recent strengthening of the US dollar has emerged as a significant contributor to the shifting dynamics in gold markets. Traditionally, an inverse relationship exists between the dollar's value and gold prices; a strong dollar decreases gold's appeal by making it more expensive for foreign investors.
Inflation continues to be a cornerstone in understanding gold valuation. Historically, gold is viewed as an effective hedge against inflation, preserving purchasing power during periods when currency values are eroded. As inflationary pressures fluctuate, so too does gold’s attractiveness. The Federal Reserve's data release scheduled for June 11, 2025, will be crucial in gauging inflation's trajectory. Should inflation edge closer to the Fed’s 2% target, there may be downward pressure on gold. Conversely, any unexpected uptick in inflation could reinforce gold’s status as a safe haven.
Moreover, Federal Reserve policy decisions play a pivotal role. The upcoming meeting set around June 6, 2025, presents a high probability of maintaining current interest rates. A pause in rate adjustments acts as a double-edged sword. It can sustain higher gold prices by indicating an economic environment still in need of accommodative monetary policy, while any signal toward future rate cuts can stimulate demand owing to the decreased opportunity cost of holding non-yielding assets like gold.
Geopolitical influences also cannot be ignored. Political uncertainties, such as those arising from U.S. elections or Middle Eastern tensions, inherently drive market volatility, prompting a flight to assets perceived as stable, such as gold. Furthermore, global trade conflicts, particularly between major economies like the U.S. and China, compound existing uncertainties and elevate gold's appeal as an insurance against systemic risks.
TA
I am still waiting for targets of 3600+
We are now close to the resistance line, and I believe that any news about instability in the world will break it and send us flying upwards.
Best Regards EXCAVO
_____________________
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
XAUUSD: Analysis and Strategy on June 2Technical analysis of gold
Daily chart resistance 3412, support below 3284
Four-hour chart resistance 3400, support below 3322
One-hour chart resistance 3360, support below 3322
Analysis of gold news: Gold prices fell last Friday and the US dollar rose. The market digested the latest news on tariff developments, and a weaker inflation report kept hopes of a US interest rate cut alive. After the federal appeals court temporarily restored Trump's tariffs on Thursday, tariffs may once again influence the market this week. On Tuesday, Federal Reserve Chairman Powell will also give an opening speech at an event, his first speech since meeting with Trump last week. At the same time, several Federal Reserve officials spoke this week. Gold prices may continue to test the middle track of the Bollinger Band near 3300 this week. If geopolitical tensions ease, it is expected to test near 3250.
Gold operation suggestions: From the current trend analysis, the support below focuses on the 3322 level of the four-hour level, and the pressure above focuses on the suppression near the 3412 level of the daily level. The short-term long and short strength dividing line is 3250. If the daily level stabilizes above this position, continue to enter with the trend.
Buy: 3322near SL: 3317
Buy: 3350near SL: 3345
Predicting gold price targets for the next week"Given the relatively strong economic data from the United States, as well as the possibility of ending tariff or trade wars between China and the United States, and also the price imbalance, we expect a price correction! However, the military conflict between Ukraine and Russia can still affect prices!"
Gold XAUUSD Weekly forecast 2-6 June 2025Observations:
Price has been respecting a clear descending trendline since late April, with multiple touches and rejections.
A significant supply zone around the 3,330 level aligns with the trendline resistance, increasing confluence for a potential reversal.
The market has formed lower highs consistently, suggesting bearish pressure is building up.
A horizontal demand/support level around 3,125 (previous swing low) is the primary target in case of a bearish breakout.
Volume and structure suggest distribution, further supporting bearish continuation.
Bearish Scenario:
If the price retests and rejects the 3,330 resistance level again next week, especially with a wick rejection or bearish engulfing candle:
Expect downside continuation toward 3,125, aligning with a ~1500 pip target.
This move would represent a ~5% drop from current levels.
Trading Plan / Signal:
Sell Setup:
Entry Zone: Between 3,320 – 3,330 (upon bearish confirmation e.g., bearish engulfing or shooting star)
Stop Loss: Above 3,350 (just above trendline and invalidation zone)
Take Profit 1 (TP1): 3,250
Take Profit 2 (TP2): 3,200
Take Profit 3 (TP3): 3,150/25
Risk–Reward Ratio: Approximately 1:3+
Invalidation:
Clean breakout and retest above 3,350 would invalidate the setup and may suggest a reversal toward 3,500.
Fundamental Consideration:
No major geopolitical or macroeconomic shocks should occur to maintain this bearish bias. Any high-impact news could cause volatility, so monitor the economic calendar closely.
Please follow, like, comment and share.
gold open with a gap upA good strong early sign of June direction for gold is that it opens with a 150pips gap up from 3290 closing of may.
what isthe potential outlook for june after a dogi smack centre closing candle is that gold opens june with a healthy upside first sign of buyers came in.
The H4 has down trendline has just been broken. current CMP is continuing the climb towards first last week resistances at 3330, 3347, 3365. break above all this 3 resistance that now is no longer fresh as it has been utilised last 2 weeks. its next destination shall be 3400 and 3430 to provide a pit stop or a slight reaction before heading to its ATH 3500.
although current sentiment seem more to the upside buying higher must be mindful as there were signs of sellers for May that was significant that potentially pushes price back to the down side.
my plans for june for my personal trade.
I will be looking for buys in the closer of the current CMP or opening candle of this month.
when it reaches towards the higher resistance would i prepare to scalp for sells as thats where the sellers are present.
If gold does break new ATH then i just monitor the current trade with trail and to await for a good sell opportunity above with a rule of new high break the low makes a new low and makes a lower low then break that low in atleast H1 structure for a pontetial of good price correction as gold is still fail to cover the value gap between 2790-2830. where can potential gold makes its drastic discount? i see a potential between 3700-3800.
Buy or Sell XAUUSD Gold? How the Stock Market Could Decide!🚨 Market Breakdown: Gold (XAUUSD) 🪙📉📊
At the moment, I’m closely monitoring XAUUSD (Gold) 🔍. Before diving in, it's crucial to zoom out and gain a macro perspective 🌍. This means analyzing key support and resistance levels on the weekly and daily timeframes 📅 using price action as our primary guide.
📈 Gold has seen a strong rally — it’s overextended at this point. A deeper pullback could be on the cards. If we get that retracement alongside a bullish break of structure, I’ll be eyeing a potential long setup 🛒.
However, this bias is conditional 🔄. If the stock market pulls back, that could strengthen the case for a gold buy. On the flip side, if equities continue to rally, I’d likely shift toward a bearish stance on gold 🐻.
🎥 Everything is broken down clearly in the video.
❗️Disclaimer: This is not financial advice. The analysis shared is for educational and informational purposes only. Always do your own research and manage your risk accordingly.
GOLD - Reached at ultimate Resistance? whats next??#GOLD. market perfectly bounced above our area that was 3382
now market just reached at his today most expensive region that is 3402-04
keep close that region and if market hold it in that case we can expect drop from here..
keep close it.
NOTE: keep in mind that above 3402-04 we will go for cut n reverse on confirmation.
good luck
trade wisely
Gold opportunity in pullbackGold is showing a nice 3-wave pullback, and showing a higher high sequence, as per Elliott wave also an incomplete sequence, also the dollar is showing a bearish sequence. so it can be a good opportunity.
selling Gold/silver is BIG NOOOOO
Entry 3311
SL: 3245
Target T1:3490 T2: 3540
Plz Follow me on X for more updates
XAUUSDGold has entered a short-term bearish zone, showing signs of downside momentum after facing resistance around the 3360 level. A break below 3350 confirms bearish pressure, opening the path toward 3335 support. If price sustains below 3350, further selling pressure could accelerate.
Risk-Reward Ratio: Favorable (Approx. 2:1)
💡 Strategy Tip:
Stay cautious around 3350. A strong break and close below this level increases the probability of reaching 3335 swiftly.
Gold falls below key support, short-term bearish approachAt present, the hourly level has fallen below the key support level of 3330, which is effectively broken as the short-term long-short watershed, which means that the market is weak and volatile in the short term. However, it does not constitute a short trend for the time being. The short-term trend in the future may still fluctuate downward, but there is no basis for a deep decline. Short-term short orders can be participated in, but the general direction remains bullish.
This week is coming to an end. If there are still operation plans, you can wait for a small rebound and then participate in a wave of short-term short operations. The target is controlled at 10-30 points. Enter and exit quickly, and don't be greedy.
Looking ahead to next week, it is expected that the market will fluctuate around 3,300 and then bottom out and then resume its upward trend. The thinking will continue to be mainly "short-term short and long-term long".
The current gold 1-hour moving average system has begun to turn downward. If a dead cross structure is further formed in the future, the downward space will be opened. After gold fell under pressure from a high level yesterday, it continued to be weak today. Combined with the bearish non-agricultural data, there is a lack of support for risk aversion. There is still room for short-term downward movement, and the overall rebound is still the main focus.
Operation suggestions:
Aggressive investors may consider shorting in the 3333-3335 range;
Conservative investors may wait for a rebound to the 3345-3350 area and enter the short position at an appropriate time.
The target is 10-30 points. It is not recommended to hold more than the target.
XAUUSD Sniper Plan – June 5, 2025"One push too far, or just the warm-up?"
Hello traders 👋
After Wednesday’s irrational 400+ pip run triggered by soft ADP and weak ISM data, Gold entered premium zones with no correction. But tomorrow, things get real: Unemployment Claims hit the scene — and that’s the one market actually listens to.
Price is now sitting on a thin floor, with liquidity stacked both above and below. Will we see continuation or reversal?
Let’s break down the map 🎯👇
🧠 Macro Bias & Structure
Daily & H4: Still holding a bullish market structure, but clearly overextended into premium zones.
H1 + M30: Minor CHoCH printed; no BOS down yet. RSI showing bearish divergence.
Fundamentals: ADP + ISM = weak, dollar bearish. But Thursday's jobless claims could decide the next leg. Until then: price is floating on air.
🔎 Bias: Mixed – bullish unless reversal is confirmed with BOS below 3373.
🔼 Bullish Zones (buy if price confirms support)
Zone Price Range Rationale
1. Deep Demand Buy 3315 – 3302 Full H1–H4 demand OB, FVG, and clean discount confluence. Strongest zone for rebound if news drives sell-off.
2. Daily OB Buy Zone 3342 – 3330 Untested D1 OB + fib 61.8% + equilibrium. Clean long trigger if market dumps before news.
DZ. Decision Zone (Not for blind buys) 3376 – 3373 Not a sniper buy. This is now a reaction zone: if price holds above, intraday longs may hold. If broken → bearish confirmation.
🔽 Bearish Zones (sell only with clean PA rejection)
Zone Price Range Rationale
1. Liquidity Sweep Sell 3389 – 3397 Clean stop-hunt zone above NY high. Weak hands will long too late — ideal for rejections.
2. Premium OB Sell 3412 – 3422 Unmitigated OB inside fib 1.0 extension. If we push up here pre-NFP, look for sweep + drop.
3. Trap Zone – Top of Move 3440 – 3452 Only valid if news overreacts. Last-resort reversal zone. Use LTF confirmation only.
⚠️ Key Notes:
Thursday = liquidity trap day before unemployment claims. Expect false breakouts.
Let price come to the levels — no chasing.
Don’t force the bias. Read the reaction.
💬 Final Word from GoldFxMinds:
We don’t chase candles. We don’t guess direction.
We prepare, we wait, we strike. ⚔️
Leave a comment if you’re watching this madness with us. Follow for more sniper-level breakdowns — and remember, we’re not here for hype. We’re here for precision.
📍Stay sharp, stay patient.
— GoldFxMinds
XAU/USD Weekly analysis 2-June-2025-Gold has been in a range for some time on the weekly time frame
-By the end of the month, a Doji candlestick formed. This is the result of equal power between buyers and sellers
-On the daily time frame:
Lower highs and lows have formed
And a downtrend and channel (purple line) have formed
-Meanwhile, on the 1H time frame, the lower highs and lows are seen within a channel (green line)
And the price tried to break through the resistance level but failed to break through it
On the other hand, given the steepening of the decline in the last trend (orange line), I expect the price to continue to decline to the next support level
*Be profitable
Thank you for expressing your opinion by liking and commenting
Gold Trading Strategy Overview June 5There is not much surprise with the D candlestick having increased again. The increase can completely reach 3408 today.
The H1 wave structure also shows that the trend is increasing strongly and heading towards above 3400. 3363 is considered the first BUY support zone in the Asian and European sessions today.
3344 is the most important boundary zone of the trend, breaking this zone will cause the uptrend to break to 3400 in the short term and must wait for new uptrend waves.
In the opposite direction, 3382 is the resistance zone of the Asian and European sessions today and is also the breakout zone, this zone will reach above 3400 but before that there will be a reaction around 3397, which is a very likely flash break zone of the previous peak.
Resistance: 3382-3397-3410
Support: 3363-3344-3325-3317
Pay attention to trading at support and resistance zones when there is confirmation
Is Gold Bullish ? or Bearish ? Are you going to buy Gold ? hold on then because the chart of 4-hour telling us a story of buy and sell. Market is in consolidation after a strong bullish move and trying to take below liquidity of major support 3040 – 3080 and i believe so this going to happen soon , further you can checkout the chart story and tell me what do you think ?
XAUUSD - Key Inflection Point AheadLooking at this gold spot chart, the precious metal appears to be consolidating within a defined range after experiencing significant volatility throughout May. The price is currently trading near the upper boundary of the marked support zone around $3,250-$3,260, following a recent pullback from higher levels. Given the technical setup and the proximity to this key support area, there's a strong probability that gold will retest this support zone in the coming sessions. This retest will be critical in determining the next directional move - if the support holds and buyers step in, we could see a bounce back toward the upside targeting previous resistance levels, potentially challenging the recent highs. However, if the support fails to hold under selling pressure, gold could continue its downward trajectory, opening the door for further declines toward lower support levels. The market's reaction at this support zone will likely dictate whether the current consolidation resolves bullishly or bearishly.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.