Get started

Gold

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.
FOREXCOM:XAUUSD
by Ali_PSND
GOLD recovers to initial target, confirmation point continuesOANDA:XAUUSD surged in the first half of trading on Monday (May 5), briefly surpassing the $3,270/ounce mark and marking a daily gain of more than $30. as uncertainty over U.S. tariffs spurred safe-haven flows, supporting gold prices. The Federal Reserve’s interest rate cut in June is also boosting the appeal of non-yielding gold. Bloomberg reported on Monday that US President Donald Trump plans to impose a 100% tariff on all foreign-made films, which is not a huge deal, but it does escalate the trade war. "I am authorizing the Department of Commerce and the United States Trade Representative to immediately begin proceedings to impose a 100% tariff on all foreign-made films imported into the United States," Trump wrote on his Truth Social social media platform. "We want our movies made in the USA again!" Gold prices have risen nearly 25% this year, hitting a record high above $3,500 an ounce in April, but have retreated in recent weeks. Bloomberg notes that factors driving gold’s recent rally include safe-haven buying fueled by Trump’s destructive trade and geopolitical policies, as well as speculative demand from China and buying by global central banks. According to CME's "Federal Reserve Watch" on May 5: The probability of the Federal Reserve keeping interest rates unchanged in May is 96.8%, and the probability of cutting interest rates by 25 basis points is 3.2%. The probability of the Federal Reserve keeping interest rates unchanged until June is 63.3%, the probability of cutting interest rates by 25 basis points is 35.6%, and the probability of cutting interest rates by 50 basis points is 1.1%. Technical outlook analysis OANDA:XAUUSD On the daily chart, gold is still bullish as the price action remains above the important support EMA21. At the same time, the price channel that is noted as the main long-term trend channel remains stable. On the other hand, the Relative Strength Index (RSI) is also showing signs of weakness as it falls to approach the 50 level, which is noted as the closest support in terms of momentum. Going forward, if gold rebounds above $3,245, it could rebound to the short-term target of $3,267, more than the 0.382% Fibonacci retracement level, and then the full price point of $3,300. As long as gold remains within the price channel, its long-term trend remains bullish, but the risk of a deeper correction is when the 0.50% Fibonacci retracement level is broken below, once this level is broken below gold is at risk of further selling to $3,163 in the short term. This also means that technically gold is in an ideal support area for bullish expectations, long positions should be protected below the 0.50% Fibonacci retracement level. In the coming period, gold has technical conditions that favor a bullish recovery, and the notable points will be listed as follows. Support: 3,245 – 3,228USD Resistance: 3,267 – 3,270 – 3,292USD SELL XAUUSD PRICE 3304 - 3302⚡️ ↠↠ Stop Loss 3310 →Take Profit 1 3296 ↨ →Take Profit 2 3290 BUY XAUUSD PRICE 3173 - 3175⚡️ ↠↠ Stop Loss 3169 →Take Profit 1 3181 ↨ →Take Profit 2 3187
OANDA:XAUUSDLong
by Xayah_trading
1
Gold (XAU/USD) - Bullish Reversal Pattern in Play Hello guys! Let's analyze Gold! Gold has recently broken out of a descending wedge pattern, a classic bullish reversal signal, with confirmation coming from a clear bullish divergence near the $3,200 zone. After reaching the target of the descending pattern, the price rebounded sharply and is now forming an ascending channel. Currently, the price is approaching a key resistance zone around $3,280–$3,290. If bulls manage to push through this level, we could see a rally toward the next major resistance around $3,320 and beyond. 🔍 Key Points: ✅ Descending wedge breakout confirmed ✅ Bullish divergence near the bottom signals a momentum shift ✅ Price respecting ascending channel structure 📈target of long position: $3,290–$3,320 📉 target of short position and the entry for long: $3,240 zone Outlook: Bullish bias remains valid as long as the price is above the $3,240–$3,250 support area. Watch for a breakout above resistance for further upside continuation.
OANDA:XAUUSD
by melikatrader94
15
GOLD MARKET ANALYSIS AND COMMENTARY - [May 05 - May 09]This week, the international OANDA:XAUUSD has dropped sharply from 3,352 USD/oz to 3,201 USD/oz and closed the week at 3,240 USD/oz. The reason for the sharp drop in gold prices is that US President Donald Trump said that the US is about to reach a trade agreement with India, Japan, South Korea, and is likely to reach a trade agreement with China, although the two sides have not had any official negotiations. In addition, an equally important factor is that China is on holiday from May 1 to May 5, so the demand for transactions in the world's largest gold consuming country is almost non-existent. While they have been continuously buying before even though the gold price was high. The FED meeting on May 6-7 may have a strong impact on gold prices next week. US GDP in the first quarter grew by -0.3%, while the labor market still has potential tariff risks; inflation remains stable at a high level. With these data, it is likely that the FED will maintain interest rates at current levels, but may signal that a rate cut is coming soon. According to many experts, if the FED signals that it will cut interest rates after the meeting next week, it will push gold prices to recover next week. On the contrary, if the FED maintains a wait-and-see attitude, declaring that it is not in a hurry to cut interest rates, then gold prices next week may continue to adjust. 🕹SOME DATA THAT MAY AFFECT GOLD PRICES THIS WEEK: Next week, all eyes will be on the Federal Reserve’s monetary policy meeting on Wednesday, with an interest rate decision and a press conference from Chairman Jerome Powell following keynote remarks earlier in April. Fed officials will then continue their participation in the Reykjavik Economic Conference in Iceland on Friday. Fed Governors Michael Barr, Lisa Cook, Philip Jefferson and Christopher Waller will be present at the conference as speakers in panels on topics including artificial intelligence, employment and monetary policy research. In addition, investors will also watch the ISM services PMI on Monday morning and the weekly jobless claims number on Thursday. 📌Technically, if gold prices fall below $3,200/oz next week, there is a possibility of a further decline to $3,129/oz. A deeper correction could see gold prices fall to $2,980-$3,000/oz next week. If gold prices reverse and break the $3,270/oz barrier, they could continue to rise above $3,350/oz. Notable technical levels are listed below. Support: 3,228 – 3,163USD Resistance: 3,245 – 3,267 – 3,292 – 3,300USD SELL XAUUSD PRICE 3311 - 3309⚡️ ↠↠ Stop Loss 3315 BUY XAUUSD PRICE 3119 - 3121⚡️ ↠↠ Stop Loss 3115
OANDA:XAUUSD
by Xayah_trading
Hanzo | Gold 15 min Retest 3275 – Confirm the Next Bullish Move🆚 Gold – Hanzo’s Strike Setup 🔥 Timeframe: 15-Minute (15M) —————— 💯 Main Focus: Bullish Retest at 3275 We are watching this zone closely. ——— Analysis 👌 Market Signs (15M TF): • Liquidity Grab + CHoCH at 3265 • Liquidity Grab + CHoCH at 3318 • Strong Rejections seen at: ➗ 3270 – Major support / Key level ➗ 3325 – Proven resistance 🩸 Key Zones to Watch: • 3272 – 🔥 Bullish breakout level X 7 Swing Retest • 3325 – Strong resistance (tested 5 times) • 3270 – Equal lows • 3328 – Equal highs Hanzo | Gold 15 min Retest 3275 – Confirm the Next Bullish Move
TVC:GOLDLong
by Path_Of_Hanzo
XUA/USD) bullish trend analysis Read The ChaptianSMC Trading point update Technical analysis chart for Gold Spot (XAUUSD) on the 4-hour timeframe. Here's a breakdown of the key ideas behind the analysis: 1. Trend and Structure: The overall trend shows a bullish move followed by a correction and now a potential continuation upward. A bullish breakout from a descending trendline suggests a shift in momentum from bearish to bullish. 2. Key Zones: Order Block / Buying Zone (~3,280-3,310): A demand area where price is expected to find support and potentially bounce higher. Support Level (~3,320-3,360): Price is currently above this level, suggesting buyers are in control. Resistance Level (~3,440-3,495): Marked as a potential short-term ceiling; a breakout above this level may signal strong bullish continuation. Target Point (~3,494): This is the projected take-profit level for a bullish move. 3. RSI Indicator: RSI is around 63–64, close to overbought territory but not yet extreme. This suggests moderate bullish momentum without signs of immediate reversal. 4. Projected Move: The chart outlines a possible retracement to the support or order block zone, followed by a bounce and a push toward the resistance level and target. Mr SMC Trading point Strategy Implication: Buy on pullback to the support or order block zone. Stop-loss could be placed below the order block (~3,280). Take-profit around the target zone (~3,494). pales support boost 🚀 analysis follow)
OANDA:XAUUSDLong
by SMC-Trading-Point
Gold fluctuates in a narrow range ahead of the Fed rate🗞News side: 1. The situation between India and Pakistan escalates 2. China is willing to engage with the US, and the situation has eased 📈Technical aspects: The price of gold fell sharply after the market opened today, once falling to around 3360. Currently, gold is oscillating slightly between 3375-3390. The market has no clear trading direction for the time being. Gold is not expected to change much before the Federal Reserve interest rate is announced. Today, gold prices have continuously tested the lower support 3370-3360, and the upper short-term resistance is focused on the 3390-3400 line. We maintain shock treatment for short-term trading. The focus will be on today’s Fed interest rate issues and talks between China and the United States. If you agree with this view, or 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
OANDA:XAUUSDShort
by AllenBoswell
Gold Tests 3350–3370 Zone Ahead of FOMCGold surged after breaking out of the wedge formation as expected and reached a new high, though still below the 3,500 level. Now, the focus shifts to the 3,350–3,370 zone. While $20 is a relatively wide range for a support zone, this area previously acted as a supply zone and is now functioning as a demand zone. Still, despite a day marked by rising conflict risk between India and Pakistan, new easing measures from China’s central bank, and an announcement of additional gold buying, gold looks weaker than expected. One possible reason is the overly optimistic rate cut expectations from the Fed. That optimism may be tested at today’s FOMC meeting, where I believe Powell will deliver a slightly hawkish message. For any meaningful downside move, the 3,350–3,370 zone must be broken first. Until then, the bulls will try to hold on to control.
OANDA:XAUUSD
by ftdsystem
DeGRAM | GOLD has reached the channel boundary📊 Technical Analysis ● Chart shows a bullish breakout from the falling wedge into a rising channel. Support near $3,300 held firm, and price is now above the $3,360 pivot, eyeing the $3,430–$3,500 resistance zone. Oscillators on daily chart remain positive, reinforcing the upward bias. 💡 Fundamental Analysis ● Global uncertainty is fueling safe-haven demand: tensions in Ukraine, the Middle East and renewed US-China trade fears are supporting gold. ● A softer US dollar and policy uncertainty also boost bullion; analysts note continued demand keeping prices elevated above $3,000. ● Bank of America highlights that US trade-policy uncertainty will “lend support” to gold prices. ✨ Summary Upside momentum remains strong, with key support around $3,300–$3,360. Gold’s long bias points toward ~$3,500 in the short term, underpinned by geopolitical risks and a weak dollar. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
FX:XAUUSDLong
by DeGRAM
1
Gold Trend Analysis – Potential Movement ForecastThe recent price action suggests a potential turning point in gold’s trend. While the market has maintained an ascending trajectory , the latest pullback introduces a level of caution. The structure remains intact within the trend channel , but the rejection near resistance indicates that bullish momentum may be cooling off. Key price zones such as 3800.796, 3549.659, and 3238.064 will be decisive in determining the next movement. If buyers defend these levels, a rebound towards higher resistance is likely. However, a break below support could accelerate a deeper correction. Market sentiment currently leans towards buy-side accumulation , as marked across the chart, yet a confirmation signal from price behavior is required before engaging further in longs. Managing risk effectively in these conditions will be crucial to navigate the upcoming price movements.
OANDA:XAUUSDLong
by Saleh_Toodarvari
Gold Ahead of FOMC – China Rate Cut Shocks Market as USD Surges⚠️ Gold Ahead of FOMC – China Rate Cut Shocks Market as USD Surges Gold (XAU/USD) is facing a pivotal moment after a dramatic correction from $3,435 down to the 3,360s, triggered by a combination of surprising policy moves and rising macro uncertainty. 🧭 Macro Recap: Why Did Gold Drop? 🇨🇳 China unexpectedly cut interest rates by 10 basis points ahead of a key trade dialogue with the US. ➤ This supports global liquidity sentiment but simultaneously strengthens the USD in the short term. 💵 DXY surged, taking advantage of China's rate cut — adding pressure to gold. ⚠️ Geopolitical tensions in South Asia (India–Pakistan) resurfaced but failed to lift gold. ➤ This hints that the current correction is more dollar-driven than risk-off in nature. 🏛️ All eyes now shift to FOMC later today, where Fed policy will dictate gold’s next major move. Will Powell surprise markets with dovish signals, or does this China cut hint at coordinated central bank play before a wider easing cycle? 📊 Technical Outlook – Gold in Volatile Expansion Despite the macro volatility, gold continues to respect key liquidity zones and high-volume clusters on the chart. However, momentum is broad and inconsistent — requiring traders to react to confirmed breaks, not early assumptions. 🔺 Resistance Levels: 3390 → 3402 → 3416 → 3425 → 3432 → 3444 → 3468 🔻 Support Levels: 3365 → 3356 → 3332 → 3314 🎯 Trade Strategy – 7 May 2025 (FOMC Day) 🟢 BUY SCALP Entry: 3355 SL: 3350 TPs: 3360 → 3364 → 3368 → 3372 → 3376 → 3380 🟢 BUY ZONE (Mid-Term Opportunity) Entry: 3332 – 3330 SL: 3326 TPs: 3336 → 3340 → 3344 → 3348 → 3352 → 3358 → 3365 ⚠️ Key BUY Level: 3314 – 3312 This is a critical level for bulls — aligned with 0.5 FIBO retracement and previous demand flip zone. However, a move here could invalidate structure and signal deeper bearish pressure. Use caution. 🔴 SELL SCALP Entry: 3430 – 3432 SL: 3436 TPs: 3425 → 3420 → 3415 → 3410 → 3400 🔴 SELL ZONE (High-Risk Short) Entry: 3468 – 3470 SL: 3474 TPs: 3464 → 3460 → 3455 → 3450 → 3445 → 3440 → 3430 🧠 Final Thoughts: Gold remains range-bound but extremely reactive to macro news. Today’s FOMC meeting could be a game changer. Whether the Fed maintains its current stance or signals dovish pivot will determine the direction for the rest of the week. 🎯 In times like this, it’s not about picking tops or bottoms — it’s about trading the reaction and protecting your capital. ✅ Stick to SL. ✅ Let price confirm. ✅ Be prepared for high volatility spikes. Good luck, traders — and stay sharp.
OANDA:XAUUSDLong
by MMFlowTrading
Gold H4 | Pullback support at 38.2% Fibonacci retracementGold (XAU/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 3,343.88 which is a pullback support that aligns with the 38.2% Fibonacci retracement. Stop loss is at 3,270.00 which is a level that lies underneath an overlap support and the 61.8% Fibonacci retracement. Take profit is at 3,431.43 which is a swing-high resistance that aligns with the 78.6% Fibonacci retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:XAUUSDLong
by Tradu
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
OANDA:XAUUSDLong
by MrStellanSight
5