Gold is expected to fall below 3300, continue to short gold!Fundamentals:
1. Pay attention to whether the geopolitical conflicts escalate, including the situation between India and Pakistan, Russia and Ukraine, and the situation between the United States and Iran, etc.
Technical aspects:
Although the gold price gradually rebounded after hitting 3320 points, the current rebound momentum is relatively weak. The gold price has turned from strong to weak, and the short-term "M"-shaped top structure formed by 3435 points and 3414 points above has suppressed the upward space of the gold price. Therefore, we still focus on shorting gold after the rebound. First, we focus on the resistance area of 3355-3365 points above. If the gold price rebound fails to successfully break through this area, the gold price will fall again and is expected to continue to fall to around 3280 points.
Trading strategy:
Consider shorting gold after gold rebounds to the 3355-3365 area, target price: 3340
Goldtechnicalanalysis
GOLD (XAUUSD): Trading Plan BEFORE FOMC
Gold bounced yesterday, as I predicted.
Today, we see a retest of a broken daily resistance
that turned into support after a breakout.
BEFORE FED Rate Decision today, there is another opportunity
to buy Gold:
I see a double bottom pattern on an hourly time frame.
Bullish violation of its neckline and an hourly candle close above
3394 will provide a strong intraday confirmation.
It will push the prices at least to 3429 level.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GOLD (XAUUSD): Your Plan to Buy
The recent fundamentals pumped Gold prices again.
The market is currently trading above a significant
daily resistance.
To confirm a validity of a breakout and to avoid a trap,
I suggest paying close attention to a minor horizontal
range on a 4H time frame.
Your signal to buy will be a 4H candle close above 3388.
It will confirm a breakout and increase the chances that the price will go up.
Goal will be 3435
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Buy gold, it may continue to rise to 3400-3420!Fundamentals:
Focus on Trump and the Fed’s dynamics;
Technical aspects:
Gold rose to the 3380 area as expected, and even exceeded expectations to 3387. Since gold rebounded near 3222, the willingness to retreat during the rebound was not strong. The lows were constantly raised, and the highs gradually broke upward, which was a very typical shock rise pattern. As the center of gravity of gold shifted upward, the short-term resistance moved up to the 3350-3340 area. Once gold hits this position and rebounds, it may continue to rise to the 3400-3420 area.
Trading strategy:
Consider the opportunity to go long on gold after gold retreats to the 3350-3340 area, TP: 3380
GOLD (XAUUSD): Support & Resistance Analysis For Next Week
Here is my latest structure analysis for Gold.
Resistance 1: 3260 - 3288 area
Resistance 2: 3350 - 3386 area
Resistance 3: 3482 - 3501 area
Support 1: 3191 - 3210 area
Support 2: 3135 - 3167 area
Support 3: 2956 - 2981 area
Consider these structures for pullback/breakout trading.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Gold TechnicalsThis chart outlines a potential bullish breakout scenario for XAUUSD on the 1-hour timeframe. Price has been respecting a descending trendline, but recent upward momentum has brought it back to a key decision point near the trendline resistance. The circled area labeled "BOS" (Break of Structure) suggests a possible shift in market structure from bearish to bullish if price breaks and sustains above that zone. The main expectation is for price to push higher toward the upper resistance around 3,320 if the breakout confirms, offering a swing or intraday long opportunity. However, the alternative scenario (marked with a red arrow) highlights that failure to break the trendline could result in a rejection and continuation of the downtrend toward the 3,180–3,160 support zone. RSI near mid-levels supports the idea that price still has room to move in either direction, emphasizing the importance of watching price behavior at the breakout point.
Gold is expected to rebound to the 3270-3275 areaFundamentals:
Focus on today's NFP market;
Technical aspects:
Gold stopped falling near 3200 and gradually rebounded, and has now rebounded to around 3240. As for this round of rebound, I have actually made it clear in my previous opinion that the bulls and bears are wrestling at the 3200 mark, and there will still be repeated in the short term, and after the downward trend slows down, some trapped bulls must have self-rescue behaviors, so it is not surprising that gold has rebounded.
From the current structure, gold has not shown a clear bottoming signal, so the gold rebound is only temporary, and gold will continue to fall after the rebound. From the perspective of frequent switching of intervals, since gold has broken through the area near 3235 during the rebound, the rebound may continue, and is expected to continue to the area near 3270-3275. After breaking through this area, it is even expected to continue to around 3290. This is the position area where we must focus on entering the short position.
Trading strategy:
1. Consider buying gold in the 3235-3230 area, TP: 3245-3255; pay attention to setting protection.
2. Consider selling gold in batches after gold rebounds to the 3270-3275 area, TP: 3240-3230
The bearish trend is obvious, 3180 is foreseeable!Fundamentals:
Focus on US economic data and Fed dynamics;
Technical aspects:
After gold fell below the recent low support area of 3260, the bearish trend became more obvious. Although gold has stopped falling near 3220, there is no obvious sign of bottoming out. From the current structure, gold still has room to fall, and the area near 3180 can be foreseen in the short term. However, after a sharp drop in gold, there may still be repetitions in the short term, so it is not advisable to over-short gold for the time being. Gold still has the possibility of a short-term rebound to the 3245-3255 area.
Trading strategy:
1. Consider waiting for gold to rebound to the 3245-3255 area before shorting gold; TP: 3235-3225;
2. Consider trying to go long on gold in small batches in the 2330-2320 area, TP: 3245-3255, and then short gold after reaching the target area.
Buy gold, there is a rebound in the short term!Fundamentals:
Focus on US economic data and Fed dynamics;
Technical aspects:
Gold fell below 3290 as expected, and even fell below 3280 beyond expectations. Our short positions also made a lot of money. At present, gold continues to fall to around 3272. Although the short momentum is relatively obvious, it is already close to the recent low support of 3265-3260. I think that before the NFP market, gold may not form a unilateral downward trend, so there are still repeated ups and downs in the short-term trend. Therefore, when approaching the low support area of 3265-3260, we might as well consider short-term long gold.
Trading strategy:
Consider going long gold in the 3275-3265 area, hoping that gold can rebound to the 3285-3295 area.
Short gold, gold may continue to fall to 3245-3235Fundamentals:
1. Focus on the performance of US economic data and the dynamics of the Federal Reserve;
2. Pay attention to whether the geopolitical conflicts will escalate, including the situation between India and Pakistan, Russia and Ukraine, and the situation between the United States and Iran, etc.
Technical aspects:
The rebound momentum of gold has gradually weakened, and gold has failed to effectively break through the 3320-3330 resistance zone many times recently, and has built multiple short-term top structures in this area, which has limited the height of gold rebound and further strengthened the bearish sentiment in the market, which is conducive to further decline of gold. In addition, gold has tested the area near 3260 many times, which has weakened the support strength of this area to a certain extent. Gold may fall below this area at any time and continue to the 3245-235 zone.
Trading strategy:
Consider shorting gold again with the 3315-3325 zone as resistance, and expect gold to fall below 3260 and continue to the 3245-3235 zone.
Key intervals and trend judgmentKey range and trend judgment:
The current gold price is in a narrow range of 3300-3305 support zone and 3325-3330 pressure zone. Technical analysis:
1. Support logic:
- 3300 is an integer psychological barrier, which coincides with the MA60 moving average (dynamic support) of the 1-hour chart;
- After hitting the bottom of 3300 several times recently, it rebounded and formed a short-term bottom structure.
2. Pressure logic:
- 3330 is the upper rail resistance of the Bollinger band on the 4-hour chart, and it is the previous high-intensive trading area;
- The top divergence signal appears at the MACD daily level, suppressing the upward space.
3. Volume characteristics: Shrinking volume oscillation, need to wait for breakthrough and large volume to confirm the direction.
Trading strategy and operation plan
1. Buy low and sell high within the range (short-term)
Long position strategy:
Entry point: 3300-3305 range (price retracement does not break, and 1-hour chart RSI <30), try long with a light position. Take profit target: 3315 (first target), 3325 (second target) Stop loss 3292 (break through the previous low support).
Short position strategy:
Entry point: 3325-3330 range (price touches pressure and falls back, 15-minute chart MACD dead cross), try short with a light position, take profit target: 3310 (first target), 3300 (second target); Stop loss: 3338 (break through the previous high pressure).
2. Follow the trend after the breakthrough (trend following) Upward breakthrough (stabilizing 3330): Pursue long signal: the price breaks through 3330 with large volume and then falls back without breaking, the target is 3350-3360 (previous high of the daily line);
Stop loss: 3320 (below the breakthrough point).
Downward break (falling below 3300): Pursue short signal: the price falls below 3300 and the pullback confirmation is invalid, the target is 3280-3260 (weekly MA20 support); Stop loss: 3310 (above the break point).
Pattern interpretation:
- The 4-hour chart converges in a symmetrical triangle, and the theoretical target after the breakthrough is the height of the triangle ; If it breaks upward, the target is 3350; if it breaks downward, the target is 3270.
Volume coordination: When breaking through, the trading volume needs to be enlarged by more than 20%, otherwise be alert to false breakthroughs.
Gold is in the stage of oscillating and choosing direction in the short term, and the strategy is mainly to sell high and buy low within the range + follow the breakthrough.
GOLD (XAUUSD): Market Outlook & Short Update
Regarding Gold.
I received multiple requests to provide the update after
the price bounced to a target level, as I predicted earlier on Sunday.
At the moment, we see a perfect example of a consolidation.
The price is trading within a horizontal parallel channel - range.
As always, the market will most likely continue staying within that till the release
of important high impact news.
The closest ones we can find in the economic calendar.
Tomorrow we are expecting US GDP and Personal Spending Data.
For now, probabilities will be high that a consolidation will continue.
Consider looking for trading opportunities from the boundaries of the range.
After a news release, a breakout of the range will provide a strong confirmation
and accurately indicate the future direction of the market.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Don’t be afraid of pullbacks, we can still go long on goldFundamentals:
1. First, pay attention to the dynamics of Trump and the Federal Reserve;
2. Pay attention to whether the geopolitical conflicts escalate, including the situation between India and Pakistan, Russia and Ukraine, and the situation between the United States and Iran.
Technical aspects:
Compared with yesterday, although the bullish momentum is weak, it has not fallen below the support of the 3005-2995 area, and even failed to fall below 3000. In addition, as gold fluctuates and falls, there is a large amount of buying funds entering the market in the short term. In the recent short-term structure, gold has built a very obvious turning point near the 3300 area. Therefore, gold may still rebound to above 3330 before NFP.
Short-term trading strategy:
You can still consider continuing to go long on gold in the 3310-3300 area, TP: 3325-3335
GOLD (XAUUSD): Updated Support & Resistance Analysis
With a strong bullish rally that we saw on Gold since the beginning
of the week, I prepared for you the updated support & resistance analysis.
Resistance 1: 3340 - 3357 area
Resistance 2: 3390 - 3406 area
Resistance 3: 3440 - 3450 area
Support 1: 3235 - 3246 area
Support 2: 3135 - 3167 area
Support 3: 2957 - 2983 area
Consider these structures for pullback/breakout trading.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Gold is brewing a big drop!After the tariff issue was moderately cooled, gold returned to calm and volatility gradually narrowed! From the candle chart, although gold did not form an effective decline, the bullish momentum slowed down significantly!
Since gold rose near 2970, it has reached a high of around 3246. The bulls did not get a respite. After the news returned to calm, gold may usher in a technical retracement repair; gold has been blocked near 3246 many times in the past two days, and the upper shadow line clearly shows a rejection signal! In the current gold structure, gold has formed a secondary high point near 3232, and it is very likely to combine the 3246 high point to form a double top structure, which is conducive to the decline of gold to a certain extent;
In addition, compared with the market's expected targets of 3300 and 3400, the upper side belongs to an unknown area and is more risky, while the lower side has a previous historical track. From the perspective of market psychology and risk preference, gold prices may be more willing to retreat.
So in the short term, I will still not give up my short position. Once gold falls below the 3205-3200 zone, the area around 3190 will not be able to stop the decline of gold. The retracement target area is located in: 3160-3140 zone.
The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
Gold’s decline is not over yet, aim at: 3160-3150Gold fell below the 3200 mark several times during the test. Although it recovered above 3200 several times, the rebound momentum is gradually weakening, giving short sellers the opportunity to counterattack.
From the perspective of the morphological structure, gold has perfectly constructed an arc top structure, laying a solid foundation for gold to usher in a retracement at any time. The 4-hour candle chart shows that the fall has just begun, so gold still has plenty of room for retracement. At present, gold has rebounded slightly after touching around 3200, but if it cannot break through the 3216-3220 zone during the rebound, it will further confirm the downward trend of gold, then gold will inevitably retreat to the 3160-3150 zone, and in the process of decline, once the profit chips are cashed in or even panic selling is triggered, gold may even have the opportunity to retreat to the 3130-3120 zone!
Therefore, in terms of short-term trading, I still advocate shorting gold in batches. The decline of gold has not ended. Let us look forward to gold bringing us huge profits during the retracement!
The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
GOLD (XAUUSD): Support & Resistance Analysis For Next Week
Here is my latest structure analysis
and important support & resistance levels/zone on Gold for next week.
Consider these structures for pullback/breakout trading.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GOLD (XAUUSD): The Next Important Resistance Levels
Gold updated the All-Time High yesterday and trades
in the no-man's land again.
Here are the next potentially significant resistances
based on psychological levels.
Resistance 1: 3247 - 3252 area
Resistance 2: 3397 - 3302 area
Important historic supports:
Support 1: 3128 - 3167 area
Support 2: 2953 - 2982 area
Consider these structures for pullback/breakout trading.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
It is hard not to make a profit by trading CPI like thisI have to say that gold is indeed in a bullish pattern at present. After all, gold did not even fall below 3110 during the correction process. However, the current fluctuations are relatively cautious, and we are waiting for the guidance of CPI data, which may exacerbate short-term fluctuations!
To be honest, although gold is in a bullish pattern, the resistance above cannot be ignored, especially the 3150-3155 area and the previous high of 3167. It is not ruled out that gold will form a secondary high during the rise and form a double-top structure with the previous high of 3167, so I will not be a radical in the short term and set the target at 3200.
In addition, during the CPI data period, it is not ruled out that gold will rise and then fall back, so I do not advocate blindly chasing gold. On the contrary, I will definitely try to short gold in the 3050-3060 area. However, the market's long sentiment is high, and it is not advisable to have too high expectations for the magnitude of the correction in short-term trading. The first retracement target area is: 3105-3095, followed by 3080!
Buy gold, expect a rebound to 3000Gold just fell to 2958, but quickly rebounded to above 2965. The short-term support of 2965-2960 was not effectively broken. Gold quickly recovered above the short-term support, proving that bulls still have room to fight back. I expect gold to at least rebound and test the 3000 position again, so in short-term trading, we should not be too bearish on gold.
I actually reminded everyone in the last article update that we can buy gold when gold falls. In this extremely fierce market, with a cautious trading mentality, I actually do not expect too much about the rebound space of the bulls. Once gold touches around 3000, I will leave the market safely and lock in profits!
The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
Gold still has the potential to bounce back to 3070!Gold has been experiencing significant volatility driven by fundamental factors. While bearish sentiment appears to remain dominant, the recent downside move has already priced in much of the negative risk. As such, traders should avoid an overly one-sided bearish bias in the current environment.
After bottoming out near the 2970 level, gold staged a strong rebound. During the ensuing consolidation phase, the 3010–3000 zone has provided consistent support, signaling the emergence of a short-term demand zone. This indicates that the bulls have not completely capitulated and may attempt to stage a corrective rally toward the 3050 level, or potentially even as high as 3070.
From a short-term trading perspective, we may consider initiating long positions within the 3015–3005 range, aiming for an upside target of 3050, with a possible extension toward the 3070 resistance area.
The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
GOLD (XAUUSD): Updated Support & Resistance Analysis
Here is my latest structure analysis for Gold for next week.
Support 1: 2997 - 3015 area
Support 2: 2952 - 2955 area
Support 3: 2916 - 2933 area
Support 4: 2880 - 2890 area
Support 5: 2832 - 2858 area
Resistance 1: 3136 - 3167 area
Consider these structures for pullback/breakout trading next week.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GOLD (XAUUSD): Detailed Support Resistance Analysis
Here is my latest structure analysis for Gold.
Vertical Structures
Vertical Support 1: Rising trend line
Horizontal Structures:
Resistance 1: 3149 - 3151 area
Support 1: 3099 - 3104 area
Support 2: 3048 - 3057 area
Support 3: 3024 - 3036 area
Support 4: 2997 - 3001 area
Consider these structures for pullback/breakout trading.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.