#XAUUSD: Last Idea On Gold Has Helped Us Gain 1020+ pips Gold has reversed nicely from our last idea’s entry, making a nice 1020+ pips move. Now, we’re looking for the bullish trend to continue dominating the Gold market. If this happens, it could help us gain 1800+ pips. Please use accurate risk management while trading gold.
Once the trade is active, you may consider putting take-profit based on your analysis. There are two targets to consider.
Good luck and trade safely.
Thanks for your support! 😊
If you want to help us out, here are a few things you can do:
- Like our ideas
- Comment on our ideas
- Share our ideas
Team Setupsfx_
❤️🚀
Xauusd4h
Gold rises strongly and bulls restart!Gold technical analysis: From a technical point of view, the daily line rose on Monday, showing an absolutely strong positive state. Normally, the daily cycle rises and we can see that the upper Bollinger track is near 3500, so there is a lot of room above, and we should pay attention to the continuation of this wave. The 4-hour cycle still needs a wave of strength, and it needs to go out of a big rise before it can open the upper Bollinger track and form an absolute unilateral strength. Therefore, although it is clearly bullish for the time being, there is also a certain possibility of adjustment. At present, the support of the 4-hour cycle is near 3330. If there is a chance of a decline, we can follow the bullish trend.
On the whole, the short-term operation strategy for gold today is to focus on buying on pullbacks and shorting on rebounds. The short-term focus on the upper side is the 3415-3420 line of resistance, and the short-term focus on the lower side is the 3330-3350 line of support.
Short order strategy:
Strategy 1: Short 20% of the gold position in batches when it rebounds to around 3415-3420, stop loss 6 points, target around 3390-3380, and look at the 3360 line if it breaks;
Long order strategy:
Strategy 2: Long 20% of the gold position in batches when it pulls back to around 3350-3352, stop loss 6 points, target around 3380-3400, and look at the 3420 line if it breaks;
Will gold fall after encountering resistance at its high point?Planning your trading is the prerequisite for making profits. The essence of the market is the cycle of highs and lows, alternating ups and downs, and the essence of trading is to grasp the relative highs and lows in the market and snipe valuable trading opportunities. This value has only two points: first, probability, and second, space.
After the gold price rose, we will analyze the trend of it correcting from the high to 3200. The key position of this rebound, that is, the 618 position, is near 3386. The gold price encountered resistance here in the morning. So technically this suppression can be used as a key reference for the future market. Today in the Asian session, we will first observe the support situation of 3350. If it breaks down, then before the interest rate decision in the early hours of Thursday, we will pay attention to whether the gold price can stand firmly above 3272. If this position is not stable, then the second half of the week will still be a downtrend. This wave of rise can only be regarded as a rebound repair, not a bull return (the premise is that 3386 above must not be broken).
Today's gold short-term operation ideas suggest that rebounding is the main focus, and callbacks are supplemented by longs. The upper short-term focus is on the 3386-3390 first-line resistance, and the lower short-term focus is on the 3320-3300 first-line support. All friends must keep up with the rhythm.
Short position strategy:
Strategy 1: Short 20% of the gold position in batches when it rebounds to around 3380-3385, stop loss 6 points, target around 3350-3330, and look at 3320 if it breaks;
Long position strategy:
Strategy 2: Long 20% of the gold position in batches when it pulls back to around 3315-3320, stop loss 6 points, target around 3340-3360, and look at 3380 if it breaks;
Gold is once again affected by tariffs and rises sharplyNews: Gold rose sharply, mainly because Trump announced a 100% tariff on all films produced abroad and entering the United States, which once again triggered global trade tensions. At the same time, the conflict between Russia and Ukraine is still ongoing, and the situation in the Middle East has become tense again. For example, Israel’s missile attacks retaliated against the Houthi armed forces in Yemen and Iran. These have stimulated gold’s safe-haven properties and pushed up gold prices.
Technical aspect: Gold bulls are strong, so there is a certain risk in shorting gold. The point of concern below is the low of 3323. If gold continues to maintain its strength, it is impossible to fall below the 3323 line again.
Trading ideas: Buy gold near 3338, stop loss 3330, target 3360
Gold has reached the $3,400 level againThe Federal Reserve will announce the May FOMC interest rate decision and hold a press conference tomorrow.The market generally expects the interest rate to remain unchanged, but Powell's speech will be crucial. 👉👉👉The non - farm payrolls data in April was unexpectedly strong (with 177,000 new jobs added). Coupled with the Federal Reserve's concerns about inflation, Powell is likely to continue his hawkish stance and emphasize "inflation - fighting first". If he signals a delay in the timing of interest rate cuts, it may suppress the bullish sentiment in gold. Conversely, if he implies concerns about economic slowdown, gold may gain support.
Gold has recently broken through the key resistance of $3,330 and firmly stood above the $3,400 level. The daily chart shows a clear upward channel. Gold trading advice: Go long in the range of $3,380 - $3,390 on a pullback, with a stop - loss at $3,360 and a target of $3,430.
XAUUSD trading strategy
buy @ 3380-3390
sl 3270
tp 3420-3430
If you approve of my analysis, you can give it a thumbs-up as support. If you have different opinions, you can leave your thoughts in the comments.Thank you!👉👉👉
The bulls return strongly and continue to buy after the retracemCurrently, gold is fluctuating around 3360. Wait patiently for the opportunity to go long when it falls back. Below, we continue to pay attention to the short-term support at 3350-54, and focus on the important support at 3336-40. In terms of operation, we mainly go long on pullbacks. Be a prudent trader and take profits within your cognition. I have been waiting for your participation. If your current gold operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate with me!
From the 4-hour analysis, gold bulls are making another strong impact. On the top, we pay attention to the short-term suppression of 3385-90 and the suppression of 3400. On the bottom, we pay attention to the short-term support of 3350 and the important support of 3336-40. In terms of operation, we mainly buy when the price falls back. In the middle position, we should watch more and do less, and follow orders cautiously, and wait patiently for key points to enter the market.
Gold operation strategy:
Gold falls back to 3350-53 and buys more when it falls back to 3336-40. Stop loss 3327, target 3380-3385, and continue to hold 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.
Summary of the Gold Market This WeekThis week, the gold market showed a clear downward trend, with spot gold accumulating a 2.43% decline.👉👉👉
The economic data had a significant impact on the gold market this week. Data released by the US Department of Labor on the 2nd showed that the non - farm payroll employment in the US increased by 177,000 in April, much better than the expected 138,000, and the growth data for the previous two months were revised downwards. The US unemployment rate was 4.2% in April, in line with market expectations. The strong non - farm payroll data reduced the possibility of the Federal Reserve cutting interest rates in June. Under normal circumstances, the reduction in the interest rate hike expectation should be bullish for gold. However, the gold market did not rise sharply this time, mainly because the gold price had risen significantly in the early stage and the long - term investors had a strong sentiment of taking profits. At the same time, the relatively good employment data also reflected the resilience of the US economy to a certain extent, weakening the appeal of gold as a safe - haven asset. As a result, the gold price did not show an obvious upward trend immediately after the data was released. Instead, it remained volatile in the short term.
From a technical perspective, although the gold price has declined this week, the futures price still has certain technical advantages in the near term. On the daily chart, although a negative candlestick was recorded this week, the previous upward trend has made the moving average system still show a long - term arrangement. From the perspective of the RSI, the current value is hovering around 50, indicating that the market's long and short forces are temporarily relatively balanced, and neither side has an obvious advantage. Therefore, the gold price has entered a consolidation stage.
With the economic development in Asia and the changes in consumers' demand for gold investment and jewelry, Asia's influence in the global gold market has become increasingly prominent. If the demand in Asia remains strong in the future, it will provide strong support for the gold price. On the contrary, if the demand weakens, it may increase the downward pressure on the gold price.
Looking ahead to next week, the gold market still faces many uncertainties. On the one hand, the continuous changes in economic data and the direction of the Federal Reserve's monetary policy remain key factors. If the subsequently released data continue to show the resilience of the US economy, it may further reduce the market's expectation of a rate cut by the Federal Reserve, thereby suppressing the gold price. On the other hand, any new development in the international trade situation may trigger fluctuations in the market's risk - averse sentiment, thus affecting the supply - demand relationship and price trend of gold.
XAU/USD (Gold) Analysis 2/5/20251. XAU/USD recently recorded an all-time high (ATH) at the 3150 level.
2. Following a healthy retracement, we are now eyeing potential long opportunities near the 3100 zone.
3. The 3100 level presents a favorable risk-reward entry point, aligned with historical support.
4. Market sentiment remains bullish, supported by strong fundamentals and ongoing geopolitical tensions.
5. A breakout above the previous ATH could open the door for a continued rally toward higher resistance levels.
6. Our upside targets for this move are in the range of 3450 to 3500, offering considerable profit potential.
7. Price consolidation near 3100 indicates accumulation, reinforcing the long bias.
8. We anticipate renewed buying pressure as the market tests key psychological and technical levels.
9. Risk management will be crucial, with stops ideally placed just below the 3050 support region.
10. Overall, this setup offers a compelling long trade backed by technical structure and market momentum.
The latest trend of the gold market and operation suggestionsAt present, on the daily chart, gold closed with a medium-sized bearish candle. In the early trading session, it directly broke below the crucial defensive level of 3,370, thoroughly opening up the adjustment range. Meanwhile, it triggered the MACD indicator to form a death cross. Now that the gold price has reached a new low, the dominant strategy for the early trading session is still to sell on rallies.
On the 4-hour chart, in today's early trading session, the price directly broke down and smoothly pierced through the support area ranging from 3,270 to 3,260, realizing the transformation between the top and the bottom. At the 1-hour level, not only has it broken below the previous low of 3,260, but the moving averages have also formed a death cross, indicating strong bearish momentum. It is advisable to sell decisively when the gold price rebounds to around 3,270, which is the densely traded area at the lower part of the recent box consolidation. If the rebound fails to even reach the vicinity of 3,260, in an extremely bearish market situation, the downward space for the gold price will be further expanded.
Overall, for short-term trading of gold, the operation strategy should mainly focus on selling on rallies, supplemented by taking light long positions on pullbacks. Pay close attention to the resistance range from 3,235 to 3,245 on the upside, and closely monitor the support levels from 3,200 to 3,190 on the downside.
XAUUSD
sell@3225-3230
tp:3210-3200
Investment itself is not risky; it is only when investment is out of control that risks occur. When trading, always remember not to act on impulse. I will share trading signals every day. All the signals have been accurate without any mistakes for a whole month. No matter what gains or losses you've had in the past, with my help, you have the hope of achieving a breakthrough in your investment.
3236 becomes the dividing line between long and shortGold 3243 is the watershed between long and short positions. As long as this point is not broken, shorting at highs is still the main theme. You can continue to arrange short positions based on the suppression of 3236. The 3195-3190 area below is an important support. If the market retreats to this area, you can consider going long based on the actual situation and seize the opportunity of long-short conversion.
#XAUUSD: Major Update 01/05/2025, Read Description! Gold has dropped over 700 pips since yesterday evening, suggesting further price correction. This is primarily due to strong US dollar data indicating potential correction in DXY Index prices. Additionally, there are speculations that the US has reached out to China for trade talks, although this has not been confirmed. Today and tomorrow are major trading days, with significant news expected to shape gold prices.
For now, you can monitor the prices or take entry if they reach your chosen risk management area. The decision to enter or exit is entirely up to your analysis.
Good luck and trade safely!
Thank you for your unwavering support! 😊
If you’d like to contribute, here are a few ways you can help us:
- Like our ideas
- Comment on our ideas
- Share our ideas
Team Setupsfx_
❤️🚀
#XAUUSD: 676+ Pips Since Our Last Entry! Comment Your Views! As we explained in our previous chart, the price will retouch 3270$ and then continue the bullish movement. The price did exactly that, with a 674+ increase from our last idea. It’s now on the way towards $3500 or beyond. Get ready for a big move on gold this week, but be extra cautious as the price can be volatile.
Good luck and trade safely!
Thank you for your unwavering support! 😊
If you’d like to contribute, here are a few ways you can help us:
- Like our ideas
- Comment on our ideas
- Share our ideas
Team Setupsfx_
❤️🚀
XAUUSD: Intraday Bullish Move Up To $3400! The OANDA:XAUUSD price has shown strong bullish momentum, indicating it will likely continue to rise above $3400. However, the price is currently volatile and is likely to remain so.
Good luck and trade safely!
Thank you for your unwavering support! 😊
If you’d like to contribute, here are a few ways you can help us:
- Like our ideas
- Comment on our ideas
- Share our ideas
Team Setupsfx_
❤️🚀
Gold is still on a volatile downward trendGold continues to fluctuate in the 1-hour chart, and the amplitude of fluctuations is beginning to narrow, which indicates that a change is getting closer. As for gold's current fluctuations, it is still in a downward trend.
Trading idea: short gold near 3318, stop loss 3330, target 3300
XAU/USD: Seize the Range, Win the VolatilityCurrently, the gold price is in a pattern of wide-range fluctuations in the short term. The resistance at 3340 above is quite prominent, and the key support level below is at 3260. During the recent volatile market conditions, it is crucial to rein in the impulse to chase rising prices and sell in a panic when prices drop.
In terms of trading operations, it is recommended to adopt the strategy of selling high and buying low within the range of 3270-3360. Do not chase long positions when the price is above 3340, and you can initiate short positions when the price rises. When the price is below 3280, do not chase short positions, and you can buy at lower prices during pullbacks. If the price effectively breaks below 3260 and stabilizes, it should be seen as a medium-term signal for going long rather than a time to exit with a stop loss.
Overall, gold still needs to digest the adjustment pressure in the short term, but the risk of a trend-driven decline is limited. It is advisable to be patient and avoid taking heavy positions to bet on the market direction. You can make trading decisions after the market direction becomes clear.
XAUUSD
sell@3330-3335 tp:3315-3310
buy@3305-3310 tp:3325-3330
Investment itself is not risky; it is only when investment is out of control that risks occur. When trading, always remember not to act on impulse. I will share trading signals every day. All the signals have been accurate without any mistakes for a whole month. No matter what gains or losses you've had in the past, with my help, you have the hope of achieving a breakthrough in your investment.
Short-selling StrategiesI. Analysis of Market Conditions
The current chart shows a range-bound oscillation pattern. After the previous decline, there has been repeated contention between bulls and bears. There is no one-sided trend, making trading judgment difficult. 📊
II. Short-selling Strategies
Levels: It is recommended to go short in the range of 3380 - 3360 - 3340. This is at the upper edge of the oscillation range, with strong resistance. It is difficult for the price to break through and is likely to decline. 📉
Background: The non-farm payrolls data is about to be released, increasing market uncertainty. Funds may withdraw or take short positions, and the price may decline to squeeze out the bubbles. 📅
III. Long-buying Strategies
The support at 3265 has been verified several times, indicating strong buying power from bulls. When the price retracts to around this level, you can consider going long. If the price breaks below this level, be vigilant about a trend reversal and set a stop loss in a timely manner. 📈
⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️
🚀 Sell@3360 - 3340 -3320
🚀 TP 3300 - 3280 -3265
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟
Gold prices fell at the beginning of this week
🌐Drivers
Gold prices fell slightly to $3,310 in early Asian trading on Monday, retreating from the record high set last week as signs of easing global trade tensions grew.
According to Reuters, U.S. Agriculture Secretary Brooke Rollins revealed on Sunday that the Trump administration is in daily consultations with China on tariffs. Rollins also stressed that agreements with several other countries are "very close" to being finalized.
"The news suggesting a possible partial exemption from retaliatory tariffs further boosted market sentiment and caused gold prices to fall below the $3,300 mark," said Tang Yuxuan, a strategist at JPMorgan Private Bank.
📊Commentary Analysis
At the beginning of this week, gold prices were mainly sideways, without much news impact, trading around 3,300 points, and gradually falling back.
🔷Technical side:
For the current gold, the 1-hour chart is fluctuating widely between 3,300-3,270, and is currently at $3,276.
✔Operational suggestions, keep short-term trading:
Bearish strategy:
If the gold price rebounds to the range of 3320-3330 US dollars, you can try to short, with a target of 3280 US dollars and a stop loss of 3335 US dollars.
Bullish strategy:
If the gold price falls to the support of 3260-3270 US dollars, you can go long with a light position, with a target of 3330 US dollars and a stop loss of 3275 US dollars.
💥Risk warning
Liquidity risk: The market may be bearish in early May, and price fluctuations may be amplified.
Policy black swan: Trump may suddenly make tariff policies or personnel changes at the Federal Reserve, causing violent market fluctuations.
Technical false breakthrough: There are a large number of stop-loss orders near 3350 US dollars, and you need to be wary of reversals after inducing more.
Summary:
This week, the gold market will be affected by geopolitics, Federal Reserve policies and the trend of the US dollar. The fluctuation range is expected to be between 3260 and 3350 US dollars. Investors need to pay close attention to key support and resistance levels and adjust their strategies flexibly.
GOLD Price Analysis: Key Insights for Next Week Trading DecisionAfter testing a fresh record high around the $3,500 zone, gold made a sharp U-turn, erasing much of its gains and dropping toward the $3,260 support zone.
This reversal came as the US Dollar found fresh strength, following US President Trump’s major backtracking on tariffs against China and the dismissal of Fed Chair Powell.
Markets have since stayed volatile, swinging between "risk-on" and "risk-off" sentiment.
As we head into next week, gold price action is at a critical decision point, and it is unclear whether buyers or sellers will take control.
In this video, I break down the key technical zones, share my trading plan, and discuss potential opportunities to help navigate the uncertainty ahead.
Disclaimer:
This is my take based on experience and what I see on the charts. It’s not financial advice—always do your research and consult a licensed advisor before trading.
#GoldAnalysis #XAUUSD #ForexTrading #GoldForecast #TechnicalAnalysis #GoldPrice #TradingPlan #GoldVsDollar #WeekendMarketAnalysis
Market changes? Gold plummets, hedge fund positions suddenly chaIn the early morning of the Asian market, spot gold fell sharply in the short term, and the current gold price is around $3,295/ounce, which has fallen by $52 from the intraday high of $3,336.98/ounce hit at the beginning of the session.
Gold prices fell further from last week's record high as traders closed their positions due to signs that the "explosive rise" in gold prices may be too fierce and too fast.
Since breaking through $3,500/ounce last week, gold prices have fallen by more than 5%.
At the same time, the latest data from the Commodity Futures Trading Commission (CFTC) showed that hedge fund managers cut their net long positions in gold futures and options to the lowest level in 14 months.
Quaid believes that signs of easing trade tensions may have weakened gold's safe-haven appeal.
Quaid's analysis:
From the perspective of the two larger cycles of daily and weekly lines, gold may fall further. On the one hand, the daily line continues to close negative on the short-term moving average, and the rebound is not strong, forming a pattern of continuous negative and single positive. The previous two times were adjusted to the 30-day moving average. If this time is calculated in this way, the bottom position is about 3165-3170, which is both the golden section and the previous high top and bottom conversion position.
On the other hand, the weekly line formed a "K" line at a high level last week, which is generally a top signal, meaning that there is still a possibility of decline. And it deviates too far from the short-term moving average, and there is a need for further technical adjustments.
Comprehensive analysis:
This week, gold focuses on the upward resistance position of the 3370-3260 range. A strong breakthrough of 3370 will see the continuation of the bulls, and a break below 3260 will open up downward space.
Gold in April is worthy of being written into history!!!The gold price trend in April can only be described as extreme and crazy, with a single day's volatility equivalent to half a month or even a month in the past.
At the beginning of April, gold started at $3,130 and fell to a low of $2,957. With the outbreak of the tariff war, gold prices rose all the way, with frenzied weekly gains. Finally, after hitting a peak of $3,500 last week, it began to plummet sharply, dropping to the current $3,318.
After the tariffs between the United States and China were gradually escalated, there was once news of a relaxation this week. However, Trump threatened over the weekend that he would not lift the tariffs on China unless China made substantial concessions, which may support the gold bulls.
In the constantly fluctuating market trading, we need to have enough patience to wait for suitable entry points and avoid chasing rises or cutting losses in panic.
The Fed's dilemma keeps gold prices dormantAt the daily level, this decline pierced the 10-day moving average and rebounded. Yesterday, the U.S. market fell to a low of 3306, which happened to be close to the 10-day moving average. It can be seen that the effectiveness of the 10-day moving average support has become the key to today's market. In the short term, we can rely on the 10-day moving average to continue to see a shock rebound. If today's rise breaks through and stabilizes the 5-day moving average, then this wave of adjustment will be over, and the market will return to a strong position again. If the 10-day line is lost, the market will be at risk of accelerating its retreat to 3228.
In the short term, at the 4-hour level, the market showed signs of stopping the decline and stabilizing at 3260. The K-line is currently above the moving average, but it has not stood firmly above the middle Bollinger rail, which is not an extremely strong state. Below the middle rail, we can still see adjustments at high altitudes. If it falls downward, pay attention to 3315 and 3306, near last night's lows, and look for a rebound. In the short term, operate in the 3306-3356 range, focus on the strength of the European session and then arrange the US session.