Hanzo | Gold15 min Retest – Confirm the Next Move🆚 Gold – Hanzo’s Strike Setup
🔥 Timeframe: 15-Minute (15M)
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💯 Main Focus: Bullish Breakout at 3327
We are watching this zone closely.
💯 Main Focus: Bearish Breakout at 3300
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.
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Analysis
👌 Market Signs (15M TF):
• Liquidity Grab + CHoCH at 3361
• Liquidity Grab + CHoCH at 3336
• Strong Rejections seen at:
➗ 3270 – Major support / Key level
➗ 3300 – Proven resistance
🩸 Key Zones to Watch:
• 3300 – 🔥 Bullish breakout level X 3 Swing Retest
• 3345 – Strong resistance (tested 5 times)
• 3270 – Equal lows
• 3370 – Equal highs
Commodities
Gold Regains Momentum Key Trading Setups Ahead of Volatile Week📌 Gold Regains Momentum – Key Trading Setups Ahead of Volatile Week 🔥📊
📈 Technical Overview
Gold (XAU/USD) started the week with a strong recovery after last week’s sharp drop. Price is currently stabilizing near the major support zone around 3,274 – 3,292, forming a fresh consolidation range that could lead to a bullish continuation — if key support holds.
Last week’s weaker-than-expected US employment data weakened the Dollar Index (DXY), supporting a rebound in gold. However, the market remains cautious ahead of today’s ADP Non-Farm Employment release, which could serve as a directional catalyst.
So far, gold is trading sideways, with mild corrective pullbacks, waiting for clear confirmation from upcoming data.
🔍 Key Support & Resistance Levels
Resistance: 3,336 – 3,352 – 3,357 – 3,366
Support: 3,305 – 3,292 – 3,274
🎯 Trade Setups for Today
🔵 BUY ZONE
Entry: 3,274 – 3,276
SL: 3,270
TP: 3,284 → 3,291 → 3,301 → 3,336
📝 A deeper dip into the 3,274 area could offer another long opportunity, but confirmation is key before entering.
🔴 SELL ZONE 1
Entry: 3,350 – 3,352
SL: 3,356
TP: 3,346 → 3,342 → 3,338 → 3,334 → 3,330 → 3,320
📝 Watch for rejection near 3,350. If price fails to break above, this zone could offer a solid intraday short.
🔴 SELL ZONE 2
Entry: 3,366 – 3,368
SL: 3,372
TP: 3,362 → 3,358 → 3,354 → 3,350 → 3,345 → 3,340
📝 If price is unable to hold above 3,366 resistance, look for sell opportunities targeting a drop back to 3,350 and below.
⚠️ Important Notes
Today’s session may be volatile due to ADP Non-Farm Employment expectations.
Geopolitical tension in Asia may also impact gold, so remain alert to surprise headlines.
Apply strict SL/TP risk management as markets prepare for Friday’s NFP release.
✅ Conclusion
We’re entering a pivotal session where gold is testing key zones just ahead of critical employment data. Use tight stops and clear confirmations for all trades.
🚨 Trade with discipline — stay patient, and be prepared for volatility.
💬 What’s your setup for today’s gold session? Watching for a breakout or fading the highs? Drop your view below! 👇👇👇
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 chart breakdownTHIS CHART ANALYSI IS A BREAKDOWN OF GOLD MOVEMENT
we are at a critical price in the gold market indicated by zones at 3305-3280, it has been indicated in the analysis by a rectangle . if the rectangle region holds us up then we could further hedge bullish but if it doesnt, the market could fall more as bears may take over.
Note that there may be slight changes as the markets goes by due to other external factors like news and dxy .
updates would be given as time goes by.......
Gold in Focus: Tight Range Before Major US Data 🌐 Gold in Focus: Tight Range Before Major US Data – Time to Prepare for the Storm?
Gold (XAU/USD) is currently trapped within a narrow consolidation zone, with traders across global markets awaiting critical economic events in the second half of this week. The bounce from the 3290–3270 support zones confirms strong buying interest, yet bulls seem cautious ahead of the ADP employment report today and the all-important Nonfarm Payrolls (NFP) on Friday.
Despite dovish signs from recent labor data and declining US bond yields, gold has not been able to regain strong upward momentum. This hesitance is attributed to mixed market sentiment fueled by ongoing US-China trade negotiations, potential interest rate outlook shifts from the Fed, and end-of-month positioning across major asset classes.
💼 What’s happening behind the scenes?
US 10Y yields dropped, signaling weaker inflation outlooks — usually bullish for gold.
DXY remains fragile but still attracts safe-haven inflows amid global political tensions.
Investors are cautious ahead of back-to-back economic events and might delay large trades until Friday.
With a bank holiday looming in Asia and Europe tomorrow, liquidity could tighten and amplify volatility. Gold might continue trading in a compressed range between 3274–3357 until NFP injects a fresh directional impulse.
🔍 Technical Roadmap:
🔺 Resistance Levels to Monitor:
3328
3336
3352
3357
3366
🔻 Support Levels to Watch:
3305
3292
3274
📌 Trade Strategy (30m–1H timeframe bias)
🔵 BUY ZONE A
📍 Entry: 3292 – 3290
🎯 SL: 3287
🎯 TP: 3295 → 3300 → 3304 → 3308 → 3315 → 3320
🔵 BUY ZONE B
📍 Entry: 3275 – 3273
🎯 SL: 3268
🎯 TP: 3280 → 3284 → 3286 → 3290 → 3300
🔴 SELL ZONE A
📍 Entry: 3350 – 3352
🎯 SL: 3356
🎯 TP: 3345 → 3340 → 3336 → 3332 → 3320
🔴 SELL ZONE B
📍 Entry: 3365 – 3367
🎯 SL: 3371
🎯 TP: 3361 → 3357 → 3352 → 3347 → 3340
📣 Final Thoughts:
We are in the "calm before the storm" phase. Price is coiling in tight ranges with declining volume and momentum. Today's ADP report could trigger intraday volatility, but major players may still remain on the sidelines until Friday's NFP.
As it’s also the last day of the month, be alert for liquidity grabs and potential stop hunts. Stick to your risk management plan and avoid revenge trades in volatile setups.
🛡️ Stay patient. Trade smart. Let the market reveal the direction.
OIL TRADE IDAHello
Hi everyone. Regarding oil movements, I see a long opportunity at the level of 59.61. If the price closes below 58.56, there is a possibility of a temporary rise before continuing to drop to 55.
good luck all
**My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading my skills also for my trade journal**
Thanks a lot for your support
Market Analysis and Trading Strategy of USOILThe USOIL market has witnessed significant fluctuations recently. Yesterday, the price broke below the key support level of $61.5, and then it has been declining all the way. As of today, it has approached the vicinity of $59.5. This downward trend reflects that the bearish force currently dominates the market.
From a technical analysis perspective, once the support level of $61.5 is broken, its nature will transform into a strong resistance level. The rapid decline of the price to $59.5 indicates strong bearish momentum. Currently, the focus of the market is on the $59 mark, which is of crucial importance. If this support level is breached, according to the continuity of the price trend and the technical pattern, USOIL is highly likely to continue to decline further. The next important support level is around $57.5. Conversely, if the price can be effectively supported near $59, based on the technical repair demand after being oversold, the price is expected to rebound.
Based on the above analysis, in terms of trading strategy, investors can consider taking a short position near $60. If the price breaks below $59, the short position can be held, with the target price set at $57.5. If the price stabilizes and rebounds near $59, the stop-loss order should be executed in a timely manner to avoid expanding losses. Given the frequent release of important data recently and the significant impact of these data, market volatility will increase significantly. Investors must trade with caution, strictly control their positions, and set reasonable stop-loss levels to cope with the possible sharp price fluctuations.
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
Gold weakens under pressure from USD and bondsOn the morning of April 30, the world gold price fell to 3,318 USD/ounce, down 20 USD compared to the same time the previous day. The strong increase in USD and high US bond yields at 4.23% made gold lose its appeal in the eyes of investors.
The recovery of US stocks and the decline in oil prices further depressed market sentiment. On the H4 chart, gold has not yet escaped the sideways zone around EMA34 - a sign that buying power is weakening.
Gold starts to fluctuate at a high level, will it fall or rise iFrom the 4-hour chart of gold: From the above chart, the current trend may be a convergent triangle consolidation, with the high point gradually moving down and the low point gradually moving up. When the space can no longer be expanded, a breakthrough in a certain direction will be obtained. At present, the upper track is at 3344 and the lower track is at 3273. It may not be able to completely touch the upper and lower tracks, but there is a certain support or pressure performance near them; now the key middle track has been lost again, under pressure at 3315, and there is still a chance to explore and approach the lower track tonight; from the hourly chart: the trend of the Asian session in the past few days has been relatively smooth, with better continuity. Once it reaches the European session, it is a volatile oscillation back and forth; the current 3330 line is today's Feng Shui Ridge. If it can withstand pressure here, there is still room for a second exploration.
On the whole, the short-term operation strategy of gold today is recommended to sell on rebounds as the main strategy, and buy on pullbacks as the auxiliary strategy. The short-term focus on the upper side is the 3330-3340 line of resistance, and the short-term focus on the lower side is the 3300-3290 line of support.
Buying range: 3302-3300, SL: 3290, TP: 3320-3335
Selling range: 3333-3335, SL: 3345, TP: 3320-3315
Key points:
First support: 3300, second support: 3295, third support: 3290
First resistance: 3330, second resistance: 3335, third resistance: 3345
XAUUSD – Bullish Reversal Setup Near Support🟦 Chart Context:
Type: Intraday (likely 15m or 1h timeframe).
Indicators Used:
EMA 50 (Red): 3,316.497
EMA 200 (Blue): 3,316.332
Current Price: 3,312.650
🔍 Technical Analysis:
1. Trend & Moving Averages:
EMA Crossover (Bearish): The 50 EMA is slightly above the 200 EMA, but both are flat and converging, suggesting a neutral to slightly bearish short-term sentiment.
Price below both EMAs indicates bearish pressure in the immediate term.
2. Key Zones:
Resistance Zone: 3,355 – 3,370
Price was previously rejected from this zone, indicating strong supply and likely sell orders.
Support Zone: 3,295 – 3,305
Price has bounced here multiple times, suggesting active buyers.
Strong Support: 3,265 – 3,275
A broader and more historically respected area that could lead to a significant reversal if tested.
3. Price Action:
Currently forming lower highs and lower lows, which is a classic sign of short-term weakness.
A small descending triangle appears to be forming near the support level (bearish bias), but the drawn forecast suggests a potential fakeout breakdown followed by a bullish reversal.
4. Expected Scenario (as per chart projection):
Price might dip briefly into the 3,295–3,305 support, triggering liquidity grab (stop hunts).
A potential bullish rally towards the 3,355–3,370 resistance zone is expected.
This suggests a buy-the-dip strategy near support with tight risk management.
📈 Trade Outlook:
🟢 Bullish Bias:
If the support at 3,295–3,305 holds and price reclaims the 200 EMA convincingly.
Target: 3,355–3,370 resistance zone.
🔴 Bearish Bias:
If price breaks below the strong support (3,265), expect continuation lower.
Downside targets would then extend towards 3,240–3,250.
✅ Conclusion:
Current bias: Neutral to short-term bearish unless the lower support holds.
Key action zone: Watch price reaction around 3,295.
Strategy suggestion: Monitor for a bullish reversal signal at support; avoid chasing trades in the middle of the range.
GOLD Buy Setup by KechFx📈 GOLD Buy Setup by KechFx
This script highlights a bullish opportunity on GOLD/USD based on technical structure and price reaction.
🔹 Entry Zone: 3314.804
🔺 Stop Loss: 3298.768
✅ Take Profit: 3340.247
📌 The idea is based on price respecting a demand zone and forming a potential bullish move towards a key resistance level. Ideal for traders looking to follow momentum with a well-defined risk-reward ratio.
Use this script to track the setup and align with the potential upward move!
Gold - Just Half Way To The Target!Gold ( TVC:GOLD ) still has a lot more upside potential:
Click chart above to see the detailed analysis👆🏻
Over the past couple of months, we saw an almost incredible breakout rally of about +75% on Gold. However, looking at technicals, there is a quite high chance that Gold will actually rally even more and retest the next upper resistance trendline, which would mean another pump of about +75%.
Levels to watch: $4.000
Keep your long term vision,
Philip (BasicTrading)
$USO to $29-42 before a bottom is inAMEX:USO broke down from a long term that started in March 2020 and is now breaking down below support at $67.
The most likely outcome is a continuation down to the lower support levels at $29-33.
I won't rule out the possibility of one more retest of the trend line ($73-75) before continuing down further. An invalidation of the short would be a break over the $83 level.
Otherwise, downside is the most likely outcome from here.
Let's see how it plays out over the coming months.
XAUUSD: Bearish towards the previous High.Gold is bullish on its 1D technical outlook (RSI = 61.142, MACD = 87.300, ADX = 39.603) but has found itself on a short term correction since last week's High. All prior short term pullbacks have tested the High that preceded them. This gives a clear bearish TP = 3,175. It is possible for the market to also make contact with the 1D MA50 there, which has been intact as a Support since January 7th.
See how our prior idea has worked out:
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Oil Price Rebound UnravelsThe price of oil may continue to give back the rebound from the monthly low ($54.46) as it extends the decline from the start of the week.
The price of oil starts to carve a series of lower highs and lows as it snaps the range bound price action from last week, with a move/close below the $59.20 (78.6% Fibonacci retracement) to $60.90 (78.6% Fibonacci retracement) region bringing the 2023 low ($52.24) on the radar.
Next area of interest comes in around $49.10 (100% Fibonacci extension), but lack of momentum to move/close below the $59.20 (78.6% Fibonacci retracement) to $60.90 (78.6% Fibonacci retracement) region may push the price of gold back towards the weekly high ($63.92).
Need a close above $64.70 (61.8% Fibonacci retracement) to bring the $70.80 (61.8% Fibonacci extension) to 72.30 (38.2% Fibonacci retracement) zone on the radar, with the next region of interest coming in around the February high ($74.30).
--- Written by David Song, Senior Strategist at FOREX.com
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 (XAU/USD) Takes a Breather – Is a Breakout Brewing?Gold remains in a tight consolidation on the 4-hour chart after its historic run to $3,431. Price is trapped in a clear rectangle between ~$3,280 and ~$3,360:
📦 Sideways range suggests indecision after the massive bull run
🔵 50 SMA holding as dynamic support
📉 MACD is flat but trying to cross higher
📊 RSI hovering near neutral at 50 – neither overbought nor oversold
Watch for a break above $3,360 to reignite bullish momentum toward record highs. A break below ~$3,280, however, could signal deeper mean reversion toward trendline or the 200 SMA near ~$3,140.
Patience is key — the next move could set the tone for May.
-MW
Could the price bounce from here?USO/USD is falling towards the support level which is a pullback support that lines up with the 61.8% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 59.32
Why we like it:
There is a pullback support level that lines up with the 61.8% Fibonacci retracement.
Stop loss: 57.02
Why we like it:
There is a pullback support level.
Take profit: 62.08
Why we like it:
There is an overlap resistance level.
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GOLD → Consolidation ahead of news. What to expect?FX:XAUUSD is consolidating. Focus on 3370 - 3269. Economic data is expected tomorrow, and gold is likely to trade within the consolidation range for several days.
Optimism about US trade talks with key partners boosted risk appetite and supported the dollar. The US Treasury Secretary reported progress with India, while President Trump softened his rhetoric on China, which also strengthened the dollar. At the same time, traders took a wait-and-see stance ahead of the release of US GDP data for the first quarter. If the figures turn out to be weak, gold could rise sharply as a safe-haven asset. Thus, the gold market remains sensitive to trade news and macro data, especially against the backdrop of rebalancing at the end of April.
At the moment, as part of the current momentum and correction, I expect prices to recover from the 0.5 - 0.7 Fibonacci zone. Gold may test 3323-3325 before resuming its correction within the consolidation.
Resistance levels: 3323, 3352, 3370
Support levels: 3290, 3270
Traders are waiting for a resolution in the tariff dispute as well as economic data due tomorrow. However, while the price is consolidating, I expect a rebound from support. BUT! If the price continues to squeeze towards any boundary, with priority to support, then the chances of a breakout from the consolidation base may increase.
Best regards, R. Linda!
Analysis of the latest gold market trend on April 29:
1. Current market structure: wide range of fluctuations, direction to be broken
Key range: 3260-3338 (recently tested the upper and lower edges many times, no effective breakthrough).
Fierce long-short game:
3260-3270 (multiple bottoming rebounds, strong support area).
3336-3340 (recent high resistance, breakthrough opens up the upward space).
3370 (mid-term long-short boundary, head and shoulders right shoulder pressure).
2. Technical signal analysis
4-hour chart shock pattern:
If it stands firm at 3336 → it may continue to rebound and test 3352-3370.
If it falls back under pressure at 3336 → look down to 3278-3260, and if it falls below, it will open the downward space to 3225-3200.
Key patterns:
Head and shoulders top prototype: If the right shoulder is formed at 3370, the risk of medium-term shorting will increase.
Fibonacci support: 3225 (50% retracement), 3200 (psychological barrier).
3. Today's operation strategy
(Use 3336 as the dividing line, flexibly switch between long and short positions)
Short opportunity (main idea)
Entry conditions:
Price stagnation at 3336-3340 (such as reversal signals such as long upper shadow and engulfment on the K-line).
Target: 3278 → 3265-3260 (add positions after breaking through to see 3225).
Stop loss: above 3352 (to prevent false breakthroughs).
Bull opportunity (auxiliary idea)
Entry conditions:
Retracing to 3270-3260 and stabilizing (quick rebound or lower shadow confirmation).
Target: 3336 → 3352 (reduce position after breakthrough).
Stop loss: below 3255 (strict risk control).
4. Key risk reminder
Fake breakthrough risk: The recent volatility is drastic, and it is necessary to observe whether the breakthrough of 3336 and 3260 is accompanied by large volume.
The dollar and the news: Federal Reserve policy expectations and geopolitical situations may cause sudden fluctuations.
5. Summary
Volatile market → Sell high and buy low, strictly stop loss.
Breakthrough strategy:
Break above 3336 → Go long on the retracement, look at 3370.
Break below 3260 → Go short on the rebound, look at 3225-3200.