Non-farm payrolls may bottom out and rebound!Today's opening continued to rebound and rise, and the daily line has gone through three consecutive negative lines. Today is the fourth day of the probability of correction, and the decline is bound to be not as large as yesterday. Therefore, the position of choosing a short position cannot be too low, because it is not extremely weak. The Asian session rebounded and corrected. In the afternoon, you can switch to a short position around 3260. The support below is 3230-3227!
For the big non-agricultural data in the evening, according to the ADP data on Wednesday, it is likely to be bullish for gold. Under the influence of the tariff war, the employment data may not be too good, and the economic situation will only get worse. There is no doubt about this. Comprehensive analysis, I think the probability of the big non-agricultural data and unemployment rate in the evening is relatively high. Therefore, shorting is limited to intraday, and the focus in the evening is on the bottoming out and rebounding cycles.
Goldtrading
GOLD ROUTE MAP UPDATEHey Everyone,
Great finish to the week, after completing both our Bullish and Bearish target yesterday, we then finished off with our retracement range gaps.
We also stated that we will look for a cross and lock below this level to open the swing range or failure to lock, will see support and bounce on this level.
This played out perfectly with no lock confirming the rejection and then the bounce allowing us to buy the dip. We are now seeing the level retested again and respecting it perfectly for another bounce.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
3343 - DONE
BEARISH TARGETS
3282 - DONE
EMA5 CROSS AND LOCK BELOW 3282 WILL OPEN THE FOLLOWING BEARISH TARGET
3224 - DONE
EMA5 CROSS AND LOCK BELOW 3224 WILL OPEN THE SWING RANGE
SWING RANGE
3190 - 3138
We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead.
Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Analysis of gold market trend in the future.Gold continued to rebound at the opening, and the daily line has gone down for three consecutive days. The probability of correction is relatively high, and the decline is bound to be not that large. The position of choosing short positions cannot be too low, and the support below is 3230-3227! According to the ADP data, it is likely to be bullish for gold. Under the influence of the tariff war, the employment data may not be too good, and the economic situation will only get worse. There is no doubt about this. Comprehensive analysis, I think the probability of big non-agricultural and unemployment rate bullish is relatively high. Therefore, shorting is limited to intraday, and the focus is on the bottoming out and rebound cycle.
XAUUSD NFP spike coming!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold continues to break down before non-farm payrolls!As mentioned in the continuous analysis of the gold trend, the current price is in a downward cycle from the historical high of 3500. After the first round of selling to 3260, it rebounded to repair 3370. It fell to 3268 at the beginning of the week and then turned to consolidation; after the shock, it fell from 3328 to break the low and now reported 3274; the 1H chart structure is weak and continues to follow up; short-term resistance is 3280-3290, and strong resistance is 3300-3304; short-term support is 3264-3260, and strong support is 3246 and weekly MA10-3238; in terms of operation, it is recommended to follow up with the trend and pay attention to the impact of ADP data; Strategy 1: Sell near 3290, protect 3290, and target 3260-3246;
Gold trend: Buy up and do more!As the US dollar is approaching the key middle track of the daily line, it is not far away. It is expected to end the rebound correction and continue to start a weak trend decline. Therefore, gold may also have a short-term bottom at any time; the gold weekly 5-day moving average support has been tested, and the daily middle track has also been pierced, which is considered to have completed the task indicators. The next step is to wait for a wave of pullback. At least the bottom low point of the previous convergence triangle of 3260-3270 will be tested and confirmed. It is a matter of time; and after the test is completed, if the pressure cannot stand, there may be a second bottom test, a secondary low point or a double bottom, and then finally start a unilateral rise; of course, if 3200 is not the low point of tonight, and the lower shadow of the daily closing is short, then it may be necessary to test the last 3175 position before determining the short-term bottom;
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
Once again following on from yesterdays update, this 4 chart is also playing out perfectly. After completing both our Bullish 3343 and bearish 3282 targets; we stated price will play tennis between both levels. We also stated that we will look for ema5 cross and lock on either level to determine the next move.
- Ema5 crossed and locked below 3282 opening 3224. This was hit perfectly today on the drop completing the full retracement range. We will now look for a break below this level to open the swing range or failure to lock below will see a retest on the next Goldturn above. Each weighted level is still also providing the 30 to 40 pip bounces, just like we always state.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
3343 - DONE
EMA5 CROSS AND LOCK ABOVE 3343 WILL OPEN THE FOLLOWING BULLISH TARGET
3404
EMA5 CROSS AND LOCK ABOVE 3404 WILL OPEN THE FOLLOWING BULLISH TARGET
3439
EMA5 CROSS AND LOCK ABOVE 3439 WILL OPEN THE FOLLOWING BULLISH TARGET
3503
BEARISH TARGETS
3282 - DONE
EMA5 CROSS AND LOCK BELOW 3282 WILL OPEN THE FOLLOWING BEARISH TARGET
3224 - DONE
EMA5 CROSS AND LOCK BELOW 3224 WILL OPEN THE SWING RANGE
SWING RANGE
3190 - 3138
EMA5 CROSS AND LOCK BELOW 3138 WILL OPEN THE SECONDARY SWING RANGE
SECONDARY SWING RANGE
3088 - 3046
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
XAUUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold at $3,260: Buy the Fourth Dip?Gold prices have stabilized today after experiencing an earlier decline that represents the fourth dip down to the $3260 level over the past few sessions. The repeated defense of this support level could indicate strong buyer interest at these prices.
Recent reports suggest an easing of trade tensions which might be weakening demand for gold. But have tensions really eased to any great extent? Commerce Sectary Howard Lutnick announced yesterday the U.S. is close to 1 trade agreement with 1 mystery trade partner (rumored to be India? But why not brag about that if true) isn't the kind of progress that consoles me.
But is it time to buy?
The consistent support at $3,260 coupled with a potential move above $3,375 could provide the technical confirmation needed for renewed confidence in this kind of trade.
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
Please see update on our 4h chart route map today after 2 days of smashing targets on the 1h chart idea.
Once again another great day on the markets today. We got our Bearish 3282 and our Bullish 3343 targets hit. No cross and lock on either level, so we are seeing tennis between both Goldturns.
We will look for a ema5 cross and lock on either level to determine the next move. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
3343 - DONE
EMA5 CROSS AND LOCK ABOVE 3343 WILL OPEN THE FOLLOWING BULLISH TARGET
3404
EMA5 CROSS AND LOCK ABOVE 3404 WILL OPEN THE FOLLOWING BULLISH TARGET
3439
EMA5 CROSS AND LOCK ABOVE 3439 WILL OPEN THE FOLLOWING BULLISH TARGET
3503
BEARISH TARGETS
3282 - DONE
EMA5 CROSS AND LOCK BELOW 3282 WILL OPEN THE FOLLOWING BEARISH TARGET
3224
EMA5 CROSS AND LOCK BELOW 3224 WILL OPEN THE SWING RANGE
SWING RANGE
3190 - 3138
EMA5 CROSS AND LOCK BELOW 3138 WILL OPEN THE SECONDARY SWING RANGE
SECONDARY SWING RANGE
3088 - 3046
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Shock ahead for data treats goldGold opened this week in a volatile market. It opened high and fell on Monday. The US market rose above the high opening position. It fell in the Asian market on Tuesday. The European and American markets fluctuated and adjusted. The main reason is that the data this week was concentrated in the second half of the week. From the past market, this week's rebound did not reach 3370, so it cannot be treated as strong. It did not fall below the bottom support of 3260. The overall trend is a convergent and volatile trend. Now the technical indicators are in a sticky posture, and the three lines of the Bollinger Bands are also closed. The Asian market mainly focuses on the continuation of the volatility. The upper side focuses on the resistance of the hourly Bollinger Band upper track 3330, and the lower support is at 3300.
Gold fluctuates and converges, waiting to break!Currently, the upper rail is at 3344 and the lower rail is at 3273. They may not completely touch the upper and lower rails, but there is a certain support or pressure performance near them. Now the key middle rail has been lost again. Under the pressure of 3315, there is still a chance to go down and get closer to the lower rail. The current 3323 line is a watershed. If it can withstand the pressure here, there is still room for a second downward exploration. In terms of short-term operation ideas for gold, it is recommended to short on rebounds and long on pullbacks. The short-term focus on the upper resistance of 3323-3325 is the focus, and the short-term focus on the lower support of 3270-3275 is the focus. Gold operation strategy: Short (buy short) two-tenths of the position in batches near 3320-3323 when gold rebounds, stop loss 6 points, target near 3300-3285, and look at 3275 if it breaks;
XAUUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold Ideas - April 29th, after NEWS - Jolts Job Openings🔥 GoldMindsFX – Intraday Trade Plan (April 29 PM NY)
US JOLTS missed (7.19M vs 7.48M).
Mixed narrative with CB Consumer Confidence = high probability of NY whipsaws, liquidity games, and no clean trend.
PA still trapped in a Monday Range prison between 3280–3350. Boss fight still pending.
🟥 SELL ZONES
Sell Zone 1: 3317–3330
🔸 Previous NY reaction high + last upside liquidity sweep
🔸 Confluences: EQ retest, M15 FVG, weak internal BOS
📍 Entry only on LTF bearish rejection
🔻 SL: Above 3332
🎯 TP1: 3306
🎯 TP2: 3288
🎯 TP3: 3265
⚠️ Risk: If 3330 breaks impulsively, step aside
Sell Zone 2: 3350–3360
🔸 Major HTF rejection zone
🔸 Psychological sell trigger
📍 Entry after M15/M5 confirmation (CHoCH + engulfing preferred)
🔻 SL: Above 3363
🎯 TP1: 3317
🎯 TP2: 3288
🎯 TP3: 3260
✅ Confidence: Very high — but price may not reach it today
🟩 BUY ZONES
Buy Zone 1: 3280–3288
🔸 Protected Asia/NY lows
🔸 Previous demand sweep zone + micro bullish CHoCH
🔸 Strong bounce history
📍 Look for M5/MS flip + OB/FVG combo
🛡️ SL: Below 3275
🎯 TP1: 3306
🎯 TP2: 3317
🎯 TP3: 3330
⚠️ Risk: Rejection from 3306 must be watched for trap spike
Buy Zone 2: 3260–3265
🔸 Deep liquidity grab zone
🔸 Untapped OB + M15 imbalance
🔸 Full sweep of Asia and NY structural lows
📍 Enter on M1–M5 confirmation (mini CHoCH + FVG)
🛡️ SL: Below 3254
🎯 TP1: 3288
🎯 TP2: 3306
🎯 TP3: 3317
❄️ Patience required — only active if NY dumps hard
📌 Important Notice!!!
The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your plan and wait for confirmation before taking action.
🖊️ If these insights help you refine your trading plans, give us a boost and follow GoldMindsFX on TradingView. Let's grow together! 🛡️
Gold suffers from short selling and may fall sharply!The market is basically in a weak decline during the day, and the rebound is not strong. The hourly chart shows more negatives than positives, which shows that there is still a decline. As for the position selection, it is not recommended to chase the short position. If it can reach the high point of 3323-3324, it is still possible to continue to short. The support below is 3287-3270. If it falls below the low point of 3260, then pay attention to the top and bottom conversion position of 3245.
Is the gold price trend bullish or bearish today?From a technical perspective, gold prices reversed their decline on Monday and rose. Gold repeatedly tested the 3260-3270 area for support. Gold has formed multiple bottom structures in the short term, so the short-term adjustment of gold may end. This time, gold has already adjusted, and it is unlikely to adjust again. Therefore, as long as the low of 3260 is not broken in the near future, gold will rise and there will be room for growth. As for the high point, there are two dividing points, one is the 3337 high point. If it breaks 3337, it will be a strong shock. The other is the 3370 high point. If it breaks 3370, it will be absolutely strong. Then, the upper space will open up, and we can look at 3420-3500.
It is recommended to go long if it falls back to 3300, stop loss at 3295, and target at 3315-3320; go short if it touches 3345-3340, stop loss at 3350, and target at 3330-3320;
The gold daily line switches between yin and yang in a cycle!Gold fell back after hitting the 3500 mark, and the current low is temporarily stable around 3260. The daily cycle shows that the gold price has failed to test the support level for three consecutive trading days, and the pattern shows a wide range of fluctuations with alternating Yin and Yang lines. In this market, blindly chasing orders is risky because the price lacks sustainability and the long and short forces frequently switch. On the 4-hour chart, gold showed a small range consolidation, and the Bollinger Bands contracted, further confirming the oscillating pattern. The current trend is waiting for external factors to stimulate it, and the fluctuation of the US dollar index and the change of risk aversion will become the key drivers.
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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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.
Golden layout strategy!Gold daily level includes a positive hammer line with a long lower shadow. Gold fluctuates and hovers. There have been four oscillating daily lines, all running below the 3370 line. The probability of continued fluctuation is high. Based on the above analysis, it can be concluded that gold bottomed out and rebounded, and bulls took the initiative. In terms of operation, consider retreating and arranging long orders first, and high shorts as a supplement. Pay attention to the resistance of 3370-3400 US dollars on the top, and the support of 3310-3260 US dollars on the bottom.
Gold shocks pull long and short without continuation!From the daily line, the K-line closed with a hammer-shaped small positive line with a long lower shadow, showing a trend of falling back from a high position, which intensified the change of the top K-line pattern. At present, the gold price is suppressed by the double top of 3370 above and supported by the multiple bottoms of 3260 below. The market outlook mainly focuses on the shock adjustment of this range. The middle track of the Bollinger band at the hourly level is near 3322, which can be used as a watershed of strength and weakness. After the gold price falls below the middle track of the Bollinger band, it is likely to go to the lower track of the Bollinger band, and it is more likely to test the shock bottom position of 3260. In terms of the short-term operation of gold, it is recommended to mainly short on rebounds and supplemented by long on pullbacks. The short-term focus on the upper side is 3329-3335 resistance, and the short-term focus on the lower side is 3265-3260 support.
Doubletop suppressionVS multi-bottom support Entry at key pointsGold rose sharply in the U.S. market yesterday, and the daily line finally closed the Yang cross star, approaching the end of the monthly line. Recently, it has been a yin-yang cycle sweep pattern. Therefore, today we need to be careful to prevent the market from falling back and then closing in the negative range. The wide sweeping range remains at 3370-3270. If the position is broken, look at the unilateral direction. In the 4H cycle, the continuous positive pattern breaks through the mid-track, and the short-term trend is stronger. , but Bollinger has not opened his mouth, and is not optimistic about the breakthrough range. The short-term support is around 3315, which is also yesterday's low point. If it falls below, it will go to 3302. Therefore, today's operation will continue to grasp the key positions. The upper pressure will focus on 3354 and 3370, and the lower support will focus on 3315 and 3300. Go high and low in the range! Do high-altitude and low-multiple in the range!
Operation suggestion: Buy gold near 3305-3300, look at 3320 and 3345!