Gold Bear Flag in Play – More Downside Ahead?Last week was a strong one for Gold bears, with price dropping sharply and reaching a low near the 3200 mark.
A normal recovery followed, but the bounce is now facing pressure below the 3270 level – a former support that has now turned into resistance.
Current price action is forming a bear flag, a classic continuation pattern. If we get a break back below 3250, this could trigger a new leg down, targeting the 3170 support zone.
My outlook remains bearish, and I’m continuing to sell rallies into resistance, expecting this bear flag to resolve to the downside.
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Xauusdanalysis
Gold latest market analysisAt present, the gold 1-hour moving average crosses downwards and the short positions are arranged. Now it is under pressure at 3270 and is suppressed and falls back. 3270 is still the key turning point for gold bulls and bears. Although there is a rebound, the magnitude of the decline is not large. If the pressure at 3270 is not broken, the gold bulls will not reverse easily for the time being. After the rebound, it will continue to fall, which means that the strength of gold bears is still there, and the gold reversal will naturally not reach a new low, so that the gold bulls will usher in a new turn. Gold operation strategy reference: Short (buy short) two-tenths of the position in batches near the rebound of gold at 3260-3265, stop loss 6 points, target near 3230-3210, break to see the 3200 line.
#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.
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Gold Completes Wave 4 - Pullback – Time for the Next PushGold ( OANDA:XAUUSD ) touched $3,223 as I expected in the previous idea (Full Target) .
Gold has managed to break the Resistance zone($3,308-$3,293) and is trying to break the Resistance lines and complete the pullback .
In terms of Elliott wave theory , it seems that Gold is completing microwave 4 , which could act as a pullback to the broken Resistance zone($3,308-$3,293) . After the completion of microwave 4 , we should expect Gold to attack the Resistance lines to complete microwave 5 .
I expect Gold to rise to at least $3,232 , and if the Resistance zone($3,387-$3,357) breaks, we can expect further gains .
Note: If Gold touches $2,272 (the worst Stop Loss(SL)), we can expect further declines.
Gold Analyze ( XAUUSD ), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
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GOLD Technical Analysis - Deeper Pullback in PlayOANDA:XAUUSD remains within a broader ascending channel, but recent price action suggests that the market is undergoing a deeper corrective phase. Following a prolonged bullish rally, price appears overextended and is now pulling back more decisively.
This correction aligns with expectations for a healthy retracement after such strong upward momentum. I anticipate that the pullback will extend further toward the $3,160 level, a key technical level defined by the confluence of horizontal support, ascending trendline support, and the 0.618 Fibonacci retracement of the latest bullish impulse.
This zone will be critical for determining whether the broader bullish structure remains intact. If price holds at this level and shows signs of reversal, it may present a strong re-entry opportunity for buyers. However, a decisive break below this zone would invalidate the current bullish structure and open the door to a deeper correction.
Always confirm your setups and trade with a proper risk management.
Best of luck!
Gold trend analysis: Don't chase the rise in the US marketThe 1-hour moving average of gold begins to turn, so the unilateral decline of gold has temporarily come to an end. However, the rise of gold has reached the key resistance area in the early stage, which is the starting point of the early stage near 3330. It is obviously not appropriate to chase long at this position, so the short-term may begin to adjust. Gold will go short near 3300 in the US market. The market changes rapidly. If gold breaks upward and does not fall back, there will be no opportunity to go long. There is no need to chase gold. Go short first and wait for the decline and adjustment.
Gold strategy: It is recommended to go short at 3325-28, stop loss at 3337, and target at 3308-3295-3280;
GOLD JUMPS ON ASIAN OPEN Geopolitical Tensions Fuel Early SurgeGOLD JUMPS ON ASIAN OPEN – Geopolitical Tensions Fuel Early Surge
Gold opened the week with a strong upside move during the Asian session, gaining nearly $30/oz in early trading. The bounce comes amid a weekend full of heightened geopolitical tensions and expectations of increased central bank activity later this week.
🌍 Geopolitical Backdrop:
Rising concerns over Russia–Ukraine and India–Pakistan flare-ups.
No official confirmation from governments yet, but the market is clearly on edge.
Former US President Donald Trump is reportedly pushing for an earlier Fed rate cut.
All eyes now turn to the FOMC meeting this week, with potential policy shifts that could stir further volatility.
These developments have re-ignited safe-haven demand for gold, making this week's opening surge a logical reaction to global uncertainty.
🔍 Key Technical Zones
Resistance levels:
3278 – 3288 – 3301 – 3314
Support levels:
3250 – 3246 – 3238 – 3224 – 3204
🎯 Trade Setups – 06 May 2025
🔵 BUY ZONE: 3246 – 3244
SL: 3240
TPs: 3250 → 3254 → 3258 → 3262 → 3266 → 3270 → 3280
Gold may continue its bullish run into the European session. A clean bounce from this support range could offer a solid risk/reward entry.
🔴 SELL ZONE: 3300 – 3302
SL: 3306
TPs: 3296 → 3292 → 3288 → 3284 → 3280 → 3270
If price rallies into this resistance cluster, look for signs of exhaustion for a potential intraday reversal trade.
⚠️ Weekly Outlook:
The FOMC meeting later this week will be key. A dovish tone may extend gold’s rally, while hawkish surprises could trigger sharp reversals.
Any new geopolitical flashpoints may also accelerate volatility — stay alert to global headlines.
Avoid FOMO — trade the reaction, not the prediction.
📌 Pro Tip: Let price come to your zone. Be patient, wait for confirmation, and manage SL/TP with discipline.
Although the bulls are strong, don't chase them at high levelsFrom the 4-hour analysis, the upper pressure in the evening is around 3336-3345, and the lower support is around 3280-3293. In the evening, we will continue to rely on this range to maintain the main tone of high-altitude low-multiple cycles. In the middle position, we will watch more and do less, and follow orders cautiously, and wait patiently for key points to enter the market. I will remind you of the specific operation strategy during the trading session, so please pay attention to it in time.
Gold operation strategy: 1. Gold rebounds to 3336-45 line, stop loss 3353, target 3280-3295 line, continue to hold if it breaks;
2. Gold falls back to 3280-3295 line and goes long, stop loss 3274, target 3325-30 line, continue to hold if it breaks;
XAUUSD: Price Mitigated Earlier, We Got Left Behind! Hey Everyone
Happy Friday
So, yesterday, we were expecting gold prices to dip down to around 3172. But guess what? It didn’t quite go as planned! The price took a nosedive from 3208 and is currently sitting at 3260, almost 520 pips move.
It’s not always going to be a smooth ride, so let’s not get discouraged. We can focus on analysing this chart and keeping an eye on the price as it moves.
Once the trade is activated, there are two targets you can set. You can choose your own take-profit based on your analysis and trade management.
Good luck and trade safely! 😊
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Market Analysis: Gold Dips FurtherMarket Analysis: Gold Dips Further
Gold price started a fresh decline below $3,300.
Important Takeaways for Gold Price Analysis Today
- Gold price climbed higher towards the $3,350 zone before there was a sharp decline against the US Dollar.
- A key bearish trend line is forming with resistance near $3,270 on the hourly chart of gold at FXOpen.
Gold Price Technical Analysis
On the hourly chart of Gold at FXOpen, the price climbed above the $3,250 resistance. The price even spiked above $3,300 before the bears appeared.
A high was formed near $3,352 before there was a fresh decline. There was a move below the $3,300 support level. The bears even pushed the price below the $3,250 support and the 50-hour simple moving average.
It tested the $3,200 zone. A low has formed near $3,203 and the price is now showing bearish signs. There was a minor recovery wave above the 23.6% Fib retracement level of the downward move from the $3,352 swing high to the $3,203 low.
However, the bears are active below $3,270. Immediate resistance is near $3,270. There is also a key bearish trend line forming with resistance near $3,270.
The next major resistance is near the $3,295 zone and the 61.8% Fib retracement level of the downward move from the $3,352 swing high to the $3,203 low. The main resistance could be $3,352, above which the price could test the $3,400 resistance. The next major resistance is $3,500.
An upside break above the $3,500 resistance could send Gold price toward $3,550. Any more gains may perhaps set the pace for an increase toward the $3,620 level.
Initial support on the downside is near the $3,240 level. The first major support is near the $3,225 level. If there is a downside break below the $3,225 support, the price might decline further. In the stated case, the price might drop toward the $3,205 support.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
GOLD Price Analysis: Key Insights for Next Week Trading DecisionGold ended last week under pressure as investors booked profits following improved risk appetite, driven by easing trade tensions and a strong U.S. labor market report.
📰 NFP came in at +177K in April, with the unemployment rate steady at 4.2%, matching forecasts—possibly keeping the Fed cautious on policy easing.
Technically, Gold remains bullish but is now testing the $3,200 support zone, and sellers are gaining momentum.
As we head into next week, gold price action is at a critical decision point, and whether buyers or sellers will take control is unclear.
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 #GoldPrice #ForexTrading #TechnicalAnalysis #FundamentalAnalysis #GoldOutlook #FedRateDecision #NFP #GoldBreakdown #GoldBulls #GoldBears #USJobsReport #ForexMentor
Bulls slow down the highs and don’t chase the bullsGold operation strategy:
1. When gold rebounds, go short at 3336-45, stop loss at 3353, target at 3280-3295, continue to hold if it breaks;
2. When gold falls back to 3280-3295, go long, stop loss at 3274, target at 3325-30, continue to hold if it breaks;
Fibonacci Confluence Fuels Gold’s Next Rally: Wave (Y) InsightThis 4-hour chart of XAU/USD is showcasing a WXY corrective pattern, a classic double zigzag (W)-(X)-(Y) correction after a strong impulsive move
Wave (W) has topped, marking the end of the first corrective leg.
A deep correction into the 0.5 Fibonacci retracement level occurred with wave (X), forming a potential higher low within the red demand zone.
Now, wave (Y) is anticipated, which typically mirrors or slightly exceeds the length of wave (W) but in a more corrective format.
Target 1: 3292.629
Target 2: 3372.161
Stop loss: 3201.955
When will gold's plunge bottom out?For gold on Monday, it can rely on the 3264-3268 line of pressure to continue shorting, and the limit of the pullback cannot exceed the 618 position of 3275, which is the watershed. The support below is 3222-3224. If it breaks, it will hit the low point of 3201-3202, which may not be maintained.
GOLD 2 Scenarios Very Clear , Are You Ready For The Next Move ?Here is my opinion on GOLD , I think we will buy it this week and we have a vert clear 2 places to do that , first one and my fav place it`s the lowest place cuz it`s very strong and will give us a good place to put our Sl , and the second one also good but i need a clear confirmation by a very good bullish price action to can enter , so i`m looking to buy gold this week from many places and will update it for you daily .
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.
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Gold is stimulated to rise stronglyGold has risen strongly as a safe haven, breaking the shock of last week. The current 3328 line is under strong pressure again, and it is recommended to short. Gold has risen and reached the key resistance level in the previous period. Gold has broken through upward without falling back, which means there is no opportunity to go long. First look at the short side to see if it will fall back and adjust. Gold operation is recommended to short on rebound and go long on pullback. Focus on the resistance level of 3330 and the support level of 3260.
Gold continued to rise at the opening and broke upward!The current 4-hour chart of gold has formed an upward breakout trend, and it will continue to strengthen next! In the intraday, we focus on the 3200-line long-short watershed. Before gold falls further, gold will maintain a bullish trend. If gold wants to move out of a steady upward trend, it will not fall below the 3222 line during the day. In the short term, we refer to the points above 3222 to arrange long positions! In terms of operation, it is recommended to adjust the thinking, go long on the decline to 3240-3245 or directly chase the rise after breaking through 3270. At present, it is already long at 3243, and there is no more decline to continue long! Identify the long position during the day! On the whole, today's short-term operation of gold is recommended to focus on callbacks and short on rebounds. The short-term focus on the upper side is 3300-3310 resistance, and the short-term focus on the lower side is 3222-3245 support.
Gold Market Update - XAUUSD May 5th after PMI news🧠💣 “This Chart Might Offend Your Favorite Indicator – We Trade Pure Structure Only.” 💥⚡
⏳ Market Context:
Gold exploded from 3210 to 3328 after PMI release, trapping late sellers and punishing anyone short below 3260. After a sharp rejection at the 3327–3333 premium zone, price dropped fast to 3306 before recovering — confirming both a valid sell reaction and strong demand.
Now price is climbing again, sweeping equal highs and pressing into a weak high zone. But guess what? No valid H1–H4 supply break yet = no strong bearish confirmation. Smart Money is lurking — we’re watching the next trap unfold.
🧠 Structural Key Zones (What Price Is "Eyeing"):
Above:
• 🔥 3360 = weak high reaction level
• 🔥 3380–3395 = unmitigated FVG zone and final high supply pre-sell-off
Below:
• 🧊 3305–3310 = recent liquidity grab zone
• 🧊 3272–3284 = daily FVG + EMA confluence
• 🧊 3220–3235 = HTF unmitigated bullish OB + H4/D1 EMA200 = possible swing reentry
🔥 “Gold’s Not Done — The Liquidity War Isn’t Over Yet”
Smart traders aren’t guessing. They’re stalking zones. Let’s lock in the plan.
🧭 Bias & Flow
Macro: No more high-impact USD news today. Market digesting ISM PMI.
HTF (H4–D1): Bullish continuation unless 3272 breaks
LTF (M15–H1): Bullish pressure — currently front-running premium sell zones
👁🗨 Real-Time Price Context
📍 Price now at 3332
🔸 Approaching Sell Zone #1: 3360–3368
➡ Wait for reaction or internal CHoCH to validate
➡ No aggressive short here unless 3344 starts rejecting hard
📌 Key Level Zones
Type Price Zone Confluence
🔺 Resistance 3360–3368 Weak High + OB + FVG + Liquidity
🔺 Resistance 3380–3395 Final premium trap zone (HTF sell block)
🟩 Support 3272–3284 H1 Demand + FVG + EMA stack
🟩 Support 3220–3235 HTF OB + EMA200 D1 + Deep liquidity
🎯 Sniper Entry Plan
🔻 Sell Zone #1: 3360–3368
• SL: 3376
• TP1: 3344
• TP2: 3310
• TP3: 3285
Price is close — wait for confirmation wick / M15 structure shift
🔻 Sell Zone #2: 3380–3395
• SL: 3405
• TP1: 3360
• TP2: 3325
• TP3: 3275
High-risk sell if bulls overextend; final stop before reversal
🟢 Buy Zone #1:3300–3306 → Previous reaction zone
‣ SL: 3290
‣ TP1: 3320
‣ TP2: 3340
‣ TP3: 3360
Clean demand left unmitigated, supported by fair value gap on M15.
🟢 Buy Zone #2: 3272–3284
• SL: 3262
• TP1: 3305
• TP2: 3333
• TP3: 3360
Still valid if we see clean sweep and reentry from FVG
🟢 Buy Zone #2: 3220–3235
• SL: 3200
• TP1: 3260
• TP2: 3300
• TP3: 3340
Only if market nukes deep — last solid demand floor
🔍 Eyes On Zones
🔹 3344: micro resistance = potential front-run fade
🔸 3360: must-watch — premium trap candidate
⚠ Below 3272 = bearish sweep risk into 3220
💬 Final Word — GoldMindsFX Style
Don’t be fooled by the speed. Gold’s strength is real — but so is its manipulation. Snipers don’t chase, they prepare. Stay cold, stay calculated.
🔥 Drop a ⚔ if you’re stalking 3360 with surgical intent.
🙏 Like this breakdown? Boost and follow us for sniper setups all week.
📌 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.
Gold continued to rise at the opening and broke upward!At present, the 4-hour chart of gold has formed an upward breakout trend. The decline may be over, and it will continue to strengthen! In the intraday, we focus on the 3200-line long-short watershed. Before gold falls further, gold will maintain a bullish trend. In the day, we focus on the recent starting point of 3222 support. If gold wants to go out of a steady upward trend, it will not fall below 3222 in the day. In the short term, we refer to the points above 3222 to arrange long positions! Therefore, in terms of operation, it is recommended to adjust the thinking, go long if it falls back to 3240-3245, or directly chase the rise after breaking through 3270. At present, it has been long at 3243 in the early trading. If there is no more decline, continue to go long! Identify the bulls during the day! On the whole, it is recommended to do more on the callback and short on the rebound in the short-term operation of gold. Focus on the resistance of 3300-3310 in the upper short term, and focus on the support of 3222-3245 in the lower short term.
Gold intraday trading strategyGold operation strategy:
1. Go short at 3270-75 when gold rebounds, and cover short at 3388-93 when it rebounds, stop loss at 3397, target at 3230-3235, and continue to hold if it breaks;
2. Go long at 3220-3225 when gold falls back, stop loss at 3214, target at 3265-70, and continue to hold if it breaks;