Whats the direction for the Week? We should wait to see...Looking for price to go Bullish...But i need to allow Monday to play out first to give us a solid direction. They could go bullish early or they could pull back to give a lower entry first.
Gold
Gold Rejection at Channel Resistance – Bearish Setup in Play"
🔍 Analysis Summary
Current Price: \~\$3,266
Indicators:
EMA 50 (Red): \~\$3,277 – price is slightly below this level
EMA 200 (Blue): \~\$3,180 – acts as a dynamic support
Trend Structure:
Previous Uptrend: Sharp bullish move within a rising wedge (now broken)
Current Pattern: Descending channel or flag-like consolidation after the strong bullish trend
Support Level: \~\$3,175–\$3,180 (highlighted zone with green arrows showing bounce)
Resistance Level (Target 1): \~\$3,277–\$3,300
Target Point: \~\$3,356
📈 Bullish Scenario:
Price bounced off strong support (around EMA 200 + horizontal level).
If price breaks above the descending channel and retests resistance, it could aim for **Target 1 (\~3,300) and possibly reach **Target Point (\~3,356)**.
📉 Bearish Scenario:
Failure to break above descending channel resistance could lead to a retest of the support zone.
If support breaks, the next possible stop could be below the EMA 200, triggering deeper correction.
🧠 Trading Idea
Buy Entry: On confirmed breakout above descending channel.
Target 1: \~3,300
Target 2: \~3,356
Stop Loss: Below \~3,175 support
Gold price sticksGold price (XAU/USD) sticks to its modest intraday gains above the $3,250 level through the Asian session on Monday, though it lacks strong follow-through buying or a bullish conviction. Against the backdrop of the protracted Russia-Ukraine war, an escalation of the Middle East conflict keeps the geopolitical risk in play. Furthermore, the uncertainty over US President Donald Trump's tariff plans weighs on investors' sentiment and benefits the traditional safe-haven precious metal.
Meanwhile, heightened economic uncertainty on the back of Trump's tariffs fails to assist the US Dollar (USD) to capitalize on the upbeat US monthly jobs report-inspired bounce. Apart from this, bets for an imminent start of the Federal Reserve's (Fed) rate-cutting cycle lend additional support to the non-yielding Gold price. Traders, however, seem reluctant to place aggressive bets and opt to move to the sidelines ahead of a two-day FOMC policy meeting starting on Tuesday.
Latest gold trading analysis strategy on May 6:
Core driving factors
Surge in safe-haven demand
The continued escalation of the conflict between Russia and Ukraine and the situation in the Middle East has driven funds to flow into gold for safe-haven, with an intraday increase of 2.27% (over $80), reaching a high of $3,328.
Policy uncertainties such as the 100% tariff imposed by the United States on imported films have further weakened market risk appetite.
Monetary policy expectations
The market is betting that the Federal Reserve will soon start a rate cut cycle, and the attractiveness of interest-free assets such as gold has increased. However, it is necessary to be vigilant that inflation resilience or economic data exceeding expectations may delay rate cuts and trigger a correction in gold prices.
Weak US dollar and central bank gold purchases
The US dollar has failed to gain sustained momentum from strong employment data to support gold. The global central bank gold purchases (especially in emerging markets) provide long-term support for gold prices.
Key technical signals
Daily level
Potential top risk: The long upper shadow line of the high and fall last Friday shows upper selling pressure, MACD dead cross and MA5 moving average downward, suggesting that the trend may weaken.
Support confirmation: The current price has returned to above $3,300, and it is necessary to observe whether it can stand firm at this psychological barrier.
4-hour level
Range oscillation: Short-term wide range oscillation between 3270 and 3350, MACD golden cross but needs to break through the 3330-3350 pressure zone to confirm the continuation of the bulls.
Key positions:
Resistance: 3330 (intraday high), 3350 (previous high and upper edge of the range).
Support: 3300 (psychological barrier), 3280-3290 (MA10 moving average and short-term bull defense line).
Operation strategy suggestions
Short-term bull opportunities
Entry conditions: Retracing to the 3280-3290 support area and the emergence of stabilization signals (such as 4-hour K-line closing positive or MACD bottom divergence).
Target: 3330→3350, after breaking through, it can look up to 3400.
Stop loss: below 3270 (the trend turns bearish if the range breaks).
Be cautious of high-altitude opportunities
Entry conditions: rebound to 3340-3350 under pressure (previous high of the daily line + upper edge of the range), combined with K-line reversal patterns (such as pin bar).
Target: 3300→3280.
Stop loss: above 3360 (to prevent sudden geopolitical risks from driving breakthroughs).
Breakthrough follow-up strategy
Break above 3350: light position chasing long, target 3400, stop loss 3340.
Break below 3270: turn to bearish, target 3230-3250, stop loss 3280.
Risk warning
Escalation of geopolitical conflicts: If the situation suddenly deteriorates (such as large-scale conflicts in the Middle East), the gold price may quickly break through 3350, and the stop loss needs to be adjusted in time.
Changes in Fed policy expectations: Focus on non-agricultural, CPI and other data. If it shows that the economy is overheated or inflation is sticky, it may suppress expectations of interest rate cuts and be bearish for gold.
Summary: Gold is bullish in the short term due to risk aversion, but there is a risk of a correction on the technical side. It is recommended to go long on pullbacks, and try to go high at key resistance levels with strict risk control. Conservative investors can wait for a breakout of 3350 or a fall below 3270 before following the trend.
Gold price suddenly accelerates, approaching the 3,300 USD/ounceAfter two consecutive weeks of decline, the world gold price is showing strong signs of recovery when it skyrocketed to 3,266 USD/ounce - an increase of 25 USD in just one session. Although still quite far from the peak of 3,500 USD/ounce, the increase this morning shows that investor sentiment has begun to change direction.
The increase occurred at the beginning of the session despite previous negative forecasts, reflecting the sensitivity of gold to geopolitical and economic information such as US-China trade negotiations or the strength of the USD. The daily chart shows that gold has bounced strongly from the EMA34 support zone and returned to the resistance zone around 3,320–3,340 USD, opening up an opportunity to retest the 3,400 USD mark if the current increase is maintained.
Gold Breaks Wedge, 3270–3280 Now Key Pivot for RecoveryGold's recent retreat has slowed, forming a descending wedge pattern that has now been broken. This is a constructive setup for a potential upward reaction after falling $300 from the $3,500 high. The 3,270–3,280 zone is now the short-term pivot point. If this level breaks as well, the upward move may finally begin.
Potential targets include the 38.2% retracement level at 3,316 and the main resistance zone at 3,355–3,370.
XAUUSD - Gold Trend Before FOMC!Gold is trading above its EMA200 and EMA50 on the 4-hour timeframe and is trading on its uptrend line. A continued upward move in gold will put it in the supply zone, where it is possible to look for short positions. A downward correction in gold will also open up long positions.
Gold traders endured another turbulent week, marked by the second consecutive decline in prices—once again underscoring the market’s acute sensitivity to economic news and developments.
Adrian Day, CEO of Adrian Day Asset Management, offered a cautiously humorous take on the situation by likening it to the Peggy Lee song that asks, “Is that all there is?” He pointed out that gold has pulled back by over 7% from its recent high in less than two weeks.Although this correction is notable, it hasn’t been deep enough to flush out all short-term traders or weak-handed investors from the market.
Day added that rising fears of a U.S. recession—which typically exert early downward pressure on gold—alongside the possibility of easing U.S.-China trade tensions, may limit investment demand for gold in the short term. Concluding his comments, he maintained a cautious stance, saying that further downside remains likely and that his outlook for the coming week is bearish.
Meanwhile, U.S. President Donald Trump, in a new interview with NBC, addressed several key economic and political issues. He stated that if necessary, the deadline for selling TikTok would be extended, and some tariffs on Chinese goods might become permanent. Nevertheless, he indicated that he is also considering reducing certain tariffs in the future.
Trump emphasized that small businesses do not require additional assistance and that the Federal Reserve should cut interest rates. He confirmed that Jerome Powell will remain Fed Chair through the end of his term in 2026. He also mentioned potential successors for his own position, naming Vance and Rubio as possibilities.
After a week dominated by employment data, the upcoming week will be entirely focused on monetary policy. The centerpiece will be the May FOMC meeting, the Fed’s rate decision, and Jerome Powell’s press conference on Wednesday. While markets broadly expect the Fed to hold rates steady, Powell’s official remarks and answers to press questions—especially following his sharp tone earlier in April—will be under close scrutiny.
It is widely expected that the Federal Reserve will leave its key interest rate unchanged on Wednesday, as policymakers assess how President Trump’s tariffs gradually impact various sectors of the economy. Markets are currently pricing in a potential rate cut starting in July. The Fed’s dual mandate is to maintain low inflation and high employment, and it may face a dilemma if tariffs negatively affect both indicators, as many economists now warn.
Immediately following the Fed meeting, senior policymakers including Barr, Kugler, Waller, and Cook will travel to Iceland to attend the Reykjavik Economic Conference. On Friday, they will participate in panels discussing artificial intelligence, labor market trends, and monetary research—topics that could offer insights into the Fed’s long-term policy direction.
Simultaneously, traders are also awaiting two key reports: the ISM Services Index for May, due today, and weekly jobless claims figures set for release on Thursday. Together, these reports will help complete the picture of the U.S. economy as critical monetary policy decisions approach.
GOLD - Is this the end of the Bull Run?Gold has once again followed my previous analysis — turning bearish right at key levels! 🚩 After an incredible bull run where price kept making new highs, signs are now pointing to a possible top. We could be entering a short-term bearish phase here, with potential for a deeper correction if momentum builds.
Right now, I’m holding a bearish bias. I’ll be watching for solid sell setups, especially around those well-defined resistance zones. There’s also an unfilled gap below that could attract price action — keep an eye on that level (chart shows the zone clearly 🔎).
I’ll be looking for confirmation through structure breaks and clean retests before entering shorts.
What’s your take — are we seeing a reversal brewing, or is this just a dip before the next leg up? Drop your thoughts below!
If this analysis helps, a boost or follow would mean a lot — and keeps you in the loop for the next moves! 🚀
How to plan when gold’s rise encounters resistance🗞News side:
1. Pay attention to the recent trade situation and news about the Fed's interest rate cuts
2. Be wary of DXY trends
3. The situation of the Russian-Ukrainian war and the follow-up events of the India-Pakistan conflict
4.Trump imposes 100% tariff on non-US films
📈Technical aspects:
Compared with today's market, the morning rise happened to be a sideways price, breaking through the previous high point. In a volatile rise, it doesn't matter. It is very likely that in the later trend, the price will return to the starting point or even lower, but it can continue to rise. This is a feature of the shock. At the same time, the current market is not extremely strong, and it is still in a volatile rise. Therefore, do not chase long, but retrace as much support as possible.
🎁SELL 3315-3325
🎁TP 3280-3270
🎁BUY 3270-3280
🎁TP 3300-3310
If you agree with this point of view, or you have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
OANDA:XAUUSD FX:XAUUSD FXOPEN:XAUUSD FOREXCOM:XAUUSD TVC:GOLD
XAU / GOLD🌟 GOLD: THE BIGGEST TRADE OF SUMMER 2025
XAU/USD Forecast
📈 PHASE 1: SHORT-TERM RALLY (after small correction to 3172$)
We expect a bounce toward the $3,789–$3,800 resistance zone.
🔴 PHASE 2: THE SHAKEOUT
May 27 SELL ZONE.
After May 27, the cycle flips.
Expect a violent correction, retracing into key support around $2,880–$2,970 or even lower.
🟢 PHASE 3: THE BUY ZONE — July 13 +/- few days.
Mid-July marks the ideal long-term entry into TVC:GOLD before the explosive move.
🚀 PHASE 4: THE BREAKOUT
Target: ATH above $4,000 by late summer
Yes, EUROTLX:4K + gold is coming — but only after the market resets.
GOLD - Bearish Head and ShouldersHello Traders !
The GOLD price formed a head and shoulders pattern.
Currently, The neckline is broken !
So, I expect a bearish move📉
_______________
TARGET: 3170🎯
Natural Gas | Oil | Dollar | Silver | Gold Price ForecastPrice action, multi time frame, trend analysis on
NYMEX:NG1! PEPPERSTONE:NATGAS AMEX:UNG | Oil | Dollar | Silver | Gold Price Forecast
XauUsd bullish outlook✅ Reasons for Entry:
✅ Third Touch on H4 Extreme Trendline confirms clean anchor & rejection
✅ Strong RBS zone at 3235 — previously supported upward impulsive move
✅ Visible demand rejection wicks on H1 and M15 — signs of buyer defense
✅ Bullish market structure still intact on D1 (trend continuation bias)
✅ Extreme Trendline + Structure + Rejection = High-probability setup
Auto Generated by Custom Smart Trading Chart AI
Bullish Breakout for Gold???Waiting to see what they want to do. Price was bullish all day yesterday and Im trying to see if they want to give a pullback before continuing with the action. I know its best to just wait for the killzone to get the best entry.
Gold (XAUUSD) 4H Chart – Key Resistance Test: Breakout or RejectSimple Analysis:
Price is currently at a resistance zone (~$3,335).
Two possible outcomes are drawn:
Bullish scenario: Break above current resistance → move toward the next resistance (~$3,500+).
Bearish scenario: Rejection from current resistance → fall back to the support zone (~$3,240).
EMAs:
50 EMA (red) is above 200 EMA (blue) = bullish bias, but price must break resistance to continue upward.
Summary:
Watch for a breakout above ~$3,335 for bullish continuation, or a rejection for a potential drop to support near ~$3,240.
GOLD) Technical Analysi ) Breakout)HELLO 👋 Dear friend Gold Traders
technical analysis chart for Gold (XAU/USD) on the 4-hour timeframe. Here's a breakdown of the key elements:
1. Trendline Breakout
A descending trendline (marked by red arrows) has been broken to the upside.
The price has closed above the trendline and is retesting it, indicating a bullish breakout.
2. Support & Resistance
Support Level: Around $3,185–$3,200 – the price previously reversed from this zone.
Resistance Level: Around $3,480–$3,510 – a strong area where price may face selling pressure.
3. EMA Analysis
50 EMA (Red) is below the price, suggesting a short-term bullish trend.
200 EMA (Blue) is further below, reinforcing medium-term bullish momentum.
4. Forecast/Projection
There's a projected move towards the resistance zone around $3,500, as shown by the curved arrow.
The retest (labeled as "BARECKOUT" — likely a typo for "BREAKOUT") suggests a potential continuation upwards.
Conclusion
This chart shows a bullish breakout from a descending trendline, supported by EMAs and a clean retest. If the breakout holds, the next major target is the resistance zone near $3,500.
GOLD Regains Above 3'300, since US stocks "Relief Rally" is OverGold prices recently surged above $3,300 per ounce due to a confluence of geopolitical, economic, and monetary factors driving strong safe-haven demand:
Heightened geopolitical tensions, particularly the Israel-Hamas conflict and ongoing US-China trade disputes, have increased uncertainty, prompting investors to seek Gold as a secure store of value amid instability.
The US dollar's weakness, nearing a three-year low, has further boosted gold's appeal for holders of other currencies, making Gold relatively cheaper and more attractive globally.
What is most important also, U.S. stock rally has overed recently its tedious 10-Day winning strike (fortunately which finished not at all the history peaks). That's why investors may be turning back to tried-and-true assets like Gold.
Central banks, notably China’s, have been consistently buying gold to diversify reserves away from the US dollar, supporting prices significantly. China increased its Gold reserves for the 17th consecutive month, signaling sustained institutional demand.
Additionally, gold-backed exchange-traded funds (ETFs) have seen record inflows, reflecting growing investor interest beyond traditional buyers.
Market expectations of Federal Reserve interest rate cuts later in 2025 have also played a key role. Lower interest rates reduce the opportunity cost of holding non-yielding gold, enhancing its investment appeal amid inflation concerns and economic growth uncertainties.
This combination of geopolitical risk, a weaker dollar, central bank purchases, and anticipated monetary easing has propelled gold prices to historic highs, with forecasts suggesting further gains toward $3,500 per ounce.
--
Best #GODL wishes,
@PandorraResearch Team 😎
GOLD Potential ReversalIt appears that we've reached a significant top in the market, with price action showing signs of a potential dump. Liquidity has been taken out at this level, and we are now looking at lower price targets, which align with the lines below, marking new liquidity points. These areas could serve as key support levels as the market tests them for further reaction.
The price structure suggests a possible drop to the target zones around 3,300 / 3,200 & 2970 where we could see renewed buying interest. Stay cautious as we approach these levels, as they may present opportunities for short entries ahead of the market correction.
Keep an eye on the evolving price action for further confirmations.
Gold Price ActionHello traders! This is almost same setup or pattern as BTCUSD
If you look closely at the left side of the chart, you’ll notice multiple rejections from the same zone — forming a head-and-shoulders-style distribution. This area has now become a strong supply zone.
📌 What to Expect:
This is a high-probability short setup. If price taps into the supply zone again, it could trigger a strong move down, especially with liquidity already swept.
XAUUSD Bullish Continuation Setup (read-caption)📊 Chart Overview:
Asset: Unspecified (likely XAUUSD or a crypto asset).
Timeframe: Looks like 4H or Daily.
Tools Used:
EMA 50 (🔴 Red Line) — 3,283.978
EMA 200 (🔵 Blue Line) — 3,185.603
Resistance & Support Zones (🔴 Highlighted boxes)
Price: 3,335.415
🔍 Technical Analysis:
🟩 Trend Direction:
📈 Uptrend Confirmed: Price is above both EMA 50 and EMA 200 → Strong bullish momentum.
✅ Golden Cross: EMA 50 is above EMA 200, confirming long-term bullish bias.
📌 Key Levels:
🧱 Main Support Zone (🟥 Bottom Box - ~2,950–3,050):
Historical strong bounce zone.
Acts as a bullish base in case of a deeper pullback.
🔄 Mid Resistance/Support (~3,180–3,260):
Now acting as support after price bounced above it.
Also aligns with EMA 200 ➕🟦 – adds confluence.
📌 Main Resistance Zone (~3,300–3,380):
Current area of consolidation.
If broken, price likely to retest upper resistance.
🚧 Top Resistance Zone (~3,450–3,500):
Target area if bullish breakout continues.
✈️ Next take-profit zone for bulls.
🧭 Market Forecast:
🔁 Retest Expected: Price might pull back slightly to the main resistance area (~3,300), retesting previous resistance as support.
🚀 Upside Potential: Upon successful retest, price is projected to head toward the upper resistance (~3,480).
📉 Bearish Scenario: If price breaks back below 3,260 and EMA 50, expect a dip toward 3,180 or even the main support zone.
📈 Summary:
Bias: ✅ Bullish
Watch for:
🔍 Retest of 3,300 zone
✅ Breakout above 3,380
❌ Breakdown below 3,260 invalidates bullish scenario
Israel-Houthi conflict could put gold back on the bull run🗞News side:
1. The Israeli president said that they are on the eve of a "large-scale attack on the Gaza Strip"
2. The Houthi armed forces stated that all Israeli airports are their targets
3. The situation of the Russian-Ukrainian war and the follow-up events of the India-Pakistan conflict
📈Technical aspects:
From a technical point of view, the current 1H moving average of gold is spreading upward, resulting in a small retracement. The short orders we hold are also closed in time at 3310 to lock in profits. After gold broke through the previous range, the upward channel opened. The 4H MACD diverged from the bottom, the golden cross and the green column enlarged, opening upward, and the overall 4H trend was bullish. Moreover, the support effect of the middle rail of the Bollinger Bands is obvious, and the gold price is accumulating strength below the upper rail of the Bollinger Bands, with strong upward momentum. Pay attention to 3310. After the support stabilizes, you can consider participating in long positions near 3310-3320, focusing on the 3290 line below; focus on 3375 above, and then consider participating in short sales near 3355-3365 after the pressure is under.
If you agree with this point of view, or you have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
TVC:GOLD FOREXCOM:XAUUSD FXOPEN:XAUUSD FX:XAUUSD OANDA:XAUUSD
Gold Chart And Factor Of 3Price changes with a factor of 3 and its reaction to support and resistance levels.
3% , 6% , 9% , 12% , 15% , 18% ...
How to arrange when gold fluctuates upward🗞News side:
1. Pay attention to the recent trade situation and news about the Fed's interest rate cuts
2. Be wary of DXY trends
3. The situation of the Russian-Ukrainian war and the follow-up events of the India-Pakistan conflict
4.Trump imposes 100% tariff on non-US films
📈Technical aspects:
In the morning, we seized the opportunity to short and earn a wave of profits. Then gold fell back to 3255 and rebounded again, moving upward in a fluctuating manner. From the hourly chart, Friday's low was around 3220 and today's high was around 3270. In this trend, 3255 may be the short-term low for short-term trading. From the daily chart, gold has closed the cross star. The current gold price is more critical. If it breaks through 3285, it may continue to rise to the 3295-3300 line. If the gold price fails to effectively break through 3285, it may usher in a wave of retracement. It will be a good time for us to go long.
If you agree with this point of view, or you have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
TVC:GOLD FOREXCOM:XAUUSD FXOPEN:XAUUSD FX:XAUUSD OANDA:XAUUSD
