GOLD: Bullish Continuation & Long Trade
GOLD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long GOLD
Entry - 3219.9
Sl - 3207.5
Tp - 3246.2
Our Risk - 1%
Start protection of your profits from lower levels
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GOLD.PRO.OTMS trade ideas
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.
0429 4H TRADING OPPORTUNITY FOR GOLDHello traders,
The seven major U.S. stock markets are no longer in the limelight, and the market is facing a major test
Even after the past week's rally, the Big Seven have had their worst first quarter since 2022!
Over the past two years, seven major tech companies--Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla--have driven a strong rally that pulled stocks out of the 2022 bear market, setting dozens of all-time highs.
Today, even after the past week's rally, the seven major U.S. stocks have had their worst start to a year since 2022, according to Dow Jones Market Data. All seven stocks are down more than 6.5%, wiping out a total of $2.5 trillion in market value. [
1. Core earnings focus: Can tech giants continue their growth myth?
Earnings schedule and market expectations
Meta (after the close on April 30)
Microsoft (after the close of trading on May 1)
Apple (after the close on May 2)
Amazon (after the close of trading on May 3)
Risk warning signals
Nvidia showed weakness ahead of time: fell 2.1% on Monday.
Divergence in the Nasdaq: The Dow's fifth straight gain contrasts with a slight drop in the Nasdaq, which could trigger a broader sell-off if it falls below its 15,000 support level after earnings.
II. Interpretation of the latest market data
Changes in liquidity environment
US Treasury yields fell: The yield on the 10-year Treasury note fell to 4.213% (from 4.267%), a low interest rate environment is positive for tech valuations, but the US Treasury's new $514 billion borrowing program could drain liquidity from the market, so watch for changes in funding.
Dollar index weakens: The Wall Street Journal dollar index fell to 95.78 (from 96.34) and a weaker dollar is usually good for foreign earnings conversion for multinational companies, but if the debt ceiling crisis heats up, the dollar could rebound quickly.
Commodity market feedback
Gold rallied back: Spot gold closed at its third-highest level in history ($3,332.50 an ounce), as risk aversion rose. If earnings fall short of expectations, gold could test the $3,400 mark again.
Crude oil demand concerns: WTI crude fell to $62.05 / barrel, Brent to $65.86. Weak tech stocks could exacerbate the deterioration in economic expectations, further weighing on the outlook for crude oil demand.
3. Analysis of key linkage effects
Negative correlation between tech stocks and gold: If the earnings blow leads to a sharp drop in the Nasdaq, gold's safe-haven nature will be highlighted, and capital may accelerate into the precious metals market.
Crude oil as an economic barometer: Weak tech giant earnings-> Downgraded global economic outlook-> Dismal outlook for crude oil demand, WTI may test psychological support at $60.
Weekly circle prompt:
[At the beginning of this week, new warehouses entered to short gold, and need to wait for a new one-hour reversal signal in the European and American sessions before continuing to enter to short gold,
aim to do
TP1:3265
TP2: 3240
TP3:3225
TP4: 3205】
On Monday, during the European session of gold, there was a reversal signal at the support structure position on the 1-hour chart, and the long plan was put on hold.
Daily chart, gold has been trading above the EMA in a volatile market, and the bearish force is not strong enough to reverse the gold rally.
The data on Tuesday was light, so we changed our thinking and continued the upward direction on Monday to go long on gold. Using the FIBO calculation of last week's downtrend, the target for going long on gold is:
TP1: 3380
TP2: 3408
TP3: 3447
GOOD LUCK!
LESS IS MORE!
XAUUSD H4 | Bearish Reversal Based on the H4 chart, the price is approaching our sell entry level at 3275.86, a pullback resistance that aligns with the 50% Fibo retracement.
Our take profit is set at 3222.63, an overlap support.
The stop loss is set at 3314.24, a swing high resistance.
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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 Evening Star on WeeklyGold is working on its second consecutive red week which would be the first such occurrence in 2025. Interestingly, gold had only posted two red weeks in the prior 16, until the $3500 level came into play.
That high in gold syncs with a long-term spot of support in the US Dollar, and going into next week's FOMC meeting the two scenarios appear linked as a dovish Fed would likely be needed if we are to see another $3500 test, much less a break.
For now, support is at the psychological level of $3200 and for next week, that becomes lower-high resistance potential for breakdown scenarios. - js
gold on sell#XAUUSD have corrected back above 3267 which formation have decline from there.
Now the expected entry to sell is at 3267 which have broken now we expect the H1 to close between the rectangle to have a clear bearish range. Stop loss at 3278 target 3236
Bullish can overtake by fundamental news.
GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price play between two weighted levels with a gap above at 3344 and a gap below at 3306. We will need to see ema5 cross and lock on either weighted level to determine the next range. EMA5 is lagging below 3306 so will need a close above and then below to confirm.
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.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3344
EMA5 CROSS AND LOCK ABOVE 3344 WILL OPEN THE FOLLOWING BULLISH TARGETS
3367
POTENTIALLY 3390
EMA5 CROSS AND LOCK ABOVE 3390 WILL OPEN THE FOLLOWING BULLISH TARGET
3428
EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGET
3458
EMA5 CROSS AND LOCK ABOVE 3458 WILL OPEN THE FOLLOWING BULLISH TARGETS
3478
POTENTIALLY
3503
BEARISH TARGETS
3306
EMA5 CROSS AND LOCK BELOW 3306 WILL OPEN THE RETRACEMENT RANGE
3285
3259
EMA5 CROSS AND LOCK BELOW 3259 WILL OPEN THE SWING RNGE
3233
3201
EMA5 CROSS AND LOCK BELOW 3201 WILL OPEN THE SECONDARY SWING RANGE
SECONDARY SWING RANGE
3159 - 3112
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
GOLD (XAUUSD) : Is it the bearish time?!Hello guys!
Key Elements:
Internal Trendline (broken): A previously respected trendline is now broken, indicating a potential shift in trend.
S&D (Supply & Demand) Zone: Located around the $3,280–$3,300 region.
Bearish Rejection Zone: Price attempted to push higher into the $3,360–$3,380 resistance zone but was rejected.
Arrow Indicating Bearish Target: Projected move toward $3,245.94.
why:
1. Trendline Break
The internal bullish trendline has been decisively broken, a classic sign of a trend reversal or at least a significant pullback.
After the break, price retested the underside of the trendline, failed to reclaim it, and showed bearish pressure.
2. Supply Zone Rejection
A clear rejection occurred from a supply zone ($3,360–$3,380), evidenced by long wicks and bearish candles.
This confirms the presence of sellers and likely distribution at that level.
3. Volume Profile Insight
The point of control (POC) and high-volume node sit around the $3,245 region, which also aligns with the marked bearish target.
Price is likely to be drawn toward this level as it's a fair value area where previous consolidation occurred.
4. S&D Flip
A previously bullish demand zone (around $3,280) has now become a resistance level, confirming a shift in market sentiment.
🔻 Bearish Scenario:
Target: $3,245.94
Confirmation: Failure to close above $3,360 and continued lower highs suggest bearish continuation.
✅ Confluence Factors Supporting a Move Down:
Trendline break and successful retest.
Rejection from resistance (supply zone).
Lower high formation.
Volume profile attraction to a lower value area.
Bearish market structure forming.
____________________
📌 Conclusion:
This chart setup suggests a short-term bearish bias for Gold Spot (XAU/USD), with a potential drop toward the $3,245 zone. Traders may consider watching for confirmation via continued bearish price action and potential volume increase on the next leg down.
Has the trend of gold's high dive turned bearish?Technical analysis of gold: Breaking news, China and the United States are preparing for tariff talks, which is a major negative. Gold plunged more than $60 from the 3438 USD line in the early trading, and it should have reached the top within the day; if there is no major positive push, the early high of 3438 should not be broken again, otherwise once it breaks through 3500, it will definitely break, but it is unclear how far it will go above 3500. Gold started to retrace from the 3438 position in the early trading. It is currently expected to stop falling at the 3350 support area in the early trading. In the short term, it is necessary to pay attention to whether the gold weekly line will form an evening star pattern. Once the evening star structure is formed, gold will most likely confirm that it has peaked in stages, and will experience a large-scale retracement in conjunction with the weekly top divergence! However, the daily trend is relatively repeated, so we still need to focus on the impact of news on the trend!
The most important golden strategy📌Fundamentals:
Focus on the Federal Reserve's interest rate decision
📊Technological aspects:
From the golden hour chart, the Asian market is in line with a wave of continued gains and the subsequent adjustment to the 10 moving average of 3350 has stabilized. The European market has slowly moved higher and is approaching the Asian market high. This pattern is still very strong, and there is a high probability of a second rise tonight; The 10 EMA is above 3370 as the primary support and continues to be bullish. As each line closes, the moving support will slowly move up. As long as it does not effectively break, the short squeeze will continue. A breakthrough of 3410 will also happen at any time. If it breaks through, it will be easy to continue to storm above 3420. If it rushes higher and falls back in the evening and falls below the 10 EMA, then If it adjusts to the middle track for the first time, there will still be good support, just continue to be bullish; comprehensively speaking, today's short-term gold operation ideas suggest that the callback is mainly long, and the rebound is supplementary.
🎯 Practical Strategy:
Short strategy: short gold when it rebounds around 3425-3430, target around 3400-3380.
Long strategy: long gold when it pulls back around 3365-3370, target around 3400-3420.
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.
XAUUSD BuyHello traders!
There’s an ideal buying opportunity on XAUUSD right now. I’ve activated a Buy position to take advantage of this setup.
The TP target is **3262.58** and the SL level is **3242.65**.
Make sure to adjust your lot size and risk according to your trading plan, and enter the trade with discipline.
🔔 I post detailed trade ideas and daily market analysis like this every day on my TradingView profile.
👉 Follow me to get notified and read the full breakdowns.
Gold bulls are comingJudging from the golden hourly chart, the Asian market is in line with a continued surge of gains. It adjusted to the 10 moving average of 3350 in the afternoon and stabilized. The European market slowly moved higher and approached the high point of the Asian market. This pattern is still very strong, and there is a high probability of a second rise; The 10 EMA is above 3370 as the primary support and continues to be bullish. As each line closes, the EMA support will slowly move upward. As long as it does not effectively break, the short squeeze will be maintained. A breakthrough of 3400 will also occur at any time. If it breaks through, it is easy to continue to storm above 3420. If it rises and falls and falls below the 10 EMA, then If it adjusts to the mid-track for the first time, there will still be good support, just continue to be bullish; comprehensively, in the short-term operation of gold, it is recommended to focus on callbacks and longs, supplemented by rebounds and shorts. The upper short-term focus is on the 3420-3430 first-line resistance, and the lower short-term focus is on the 3365-3370 first-line support.
Will gold prices rise again this week?As the US dollar is approaching the key middle track of the daily line, it is not far away. In the next two days, 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 in the next two days. 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. After the test, if it cannot stand under pressure, there may be a second bottom test, a secondary low point or a double bottom, and then finally start a unilateral rise all the way; 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 DAILY CHART ROUTE MAP UPDATEHey Everyone,
Here’s the latest update on our daily chart idea, it’s been playing out perfectly!
After we got the close above 3297, the gap up to 3433 completed exactly as we had analysed. However, without a further close or lock above 3433, the rejection was confirmed with a wick, and price then found support above the channel top, just as we always highlight.
With EMA5 still holding above the channel top, we’re likely to continue seeing support and price action playing above the channel. This opens the door for another retest of 3433. However, if price breaks back inside the channel along with EMA5, the levels inside the channel will reactivate for level-to-level plays.
This is the beauty of our Goldturn channels, drawn using weighted averages instead of pure price action. This unique approach helps us clearly identify fake-outs and real breakouts, cutting out much of the noise that usually confuses traders.
Moving forward, we’ll focus on smaller timeframes (1H and 4H) to buy dips off the weighted Goldturns, aiming for clean 30–40 pip moves. Ranging markets are perfect for this style, allowing us to capitalize on quick moves without getting caught in the chop of larger swings.
Thank you all again for your continued likes, comments, and follows, we truly appreciate your support!
Mr Gold
GoldViewFX
NFP market, looking for opportunities to short goldFundamentals:
Mainly focus on today's NFP market;
Technical aspects:
Gold rebounded near 3200 and has gradually rebounded to around 3265. This wave of rebound is not surprising. After all, I have been insisting on short-term long gold since yesterday, and I have also gained a good profit. As gold falls and breaks through many key supports, my expectations for the magnitude of this rebound are not high. In the short term, it will first face resistance in the 3270-3275 area, and secondly, it will face resistance in the 3285-3295 area.
Moreover, the rebound and rise of gold before the NFP market is very confusing in itself. It is not ruled out that it is to pave the way for the sharp drop in the NFP market. Once gold falls again, it is likely to fall below 3200 and continue to around 3180.
Trading strategy:
1. Consider shorting gold when it rebounds to 3270-3280, TP: 3240-3230;
2. Consider continuing to short gold when it rebounds to 3280-3290, TP is the same as above.