GOLD Analysis - Can buyers push toward 3,410$?OANDA:XAUUSD is trading within a clear ascending channel, with price action consistently respecting both the upper and lower boundaries. The recent bullish momentum indicates that buyers are in control, suggesting there's chances for potential continuation on the upside.
The price has recently broken above a key resistance zone and now came back for a retest. If this level holds as support, it would reinforce the bullish structure and increase the likelihood of a move toward the 3,410 target, which aligns with the channel’s upper boundary.
As long as the price remains above this support zone, the bullish outlook stays intact. However, a failure to hold above this level could invalidate the bullish scenario and increase the likelihood of a deeper pullback.
Remember, always confirm your setups and use proper risk management.
GOLD trade ideas
XAU/USD - Channel Breakout (05.05.2025)The XAU/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Channel Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 3321
2nd Resistance – 3357
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XAU/USD: Gold Eyes $3400+ After Explosive Surge! (READ CAPTION)By analyzing the gold chart on the 1-hour timeframe, we can see that price once again hit our targets! As expected, gold had a strong bullish rally yesterday and today, reaching both $3328 and $3345, and even extending to $3387.
This surge was fueled by escalating tensions in the Middle East, particularly between Israel and Yemen. Since the conflict shows no signs of easing and further threats remain on the table, I believe gold is not done yet — we may soon see it push above $3400.
These are sensitive days, so please be extra cautious with your trades. Don’t let fear or greed take over — consistency and emotional stability are key to long-term success in this market.
I’ll continue posting more frequent updates to help you stay informed — but that depends on your strong support! Let’s keep growing together!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
GOLD → The rally has given way to a correction. News aheadFX:XAUUSD is rising amid a challenging geopolitical environment. During the Asian session, a correction to the zone of interest (0.5 Fibonacci) is forming. The situation is quite complex and tense.
On Tuesday, the metal strengthened to 3433 due to tensions in the Middle East, but during the Asian session, gold fell sharply due to optimism surrounding the upcoming US-China trade talks, the strengthening of the dollar, and profit-taking ahead of the Fed's decision.
Investors are waiting for Powell's speech, which will determine the future of interest rate policy.
Despite the decline, gold is supported by ongoing geopolitical risks in the Middle East, Eastern Europe, and South Asia.
Theoretically, if the bulls keep the price above 0.5 Fibonacci, the growth may continue to 3439, as the price has not yet reached the liquidity zone.
Resistance levels: 3439
Support levels: 3369, 3352
However, unpredictable data could trigger a return of the price to the range and a correction to 3323-3300. Risk is posed by upcoming news: FOMC, Powell's speech, and the rate meeting. The Fed's hawkish stance could put pressure on gold...
Best regards, R. Linda!
GOLD ( XAUUSD ) : H4 / D1 : Big Long !!!Hello Traders! 👋
What are your thoughts on Gold?
After a strong upward move, gold entered a corrective phase upon reaching the $3500 resistance zone.
This correction could offer a buy-the-dip opportunity, with potential for a move back toward the recent highs.
XAUUSD
Market price : 3240
Buy limit : 3140 - 3120
Tp1 : 3240
Tp2 : 3340
Tp3 : 3500
Tp4 : 3750
Sl : 3030 ( 100 pip )
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Lingrid | GOLD potential PULLBACK and CONTINUATIONThe price perfectly fulfilled my previous idea . OANDA:XAUUSD is accelerating off the trendline support with a sharp impulse leg and now hovering around a potential breakout zone. Momentum remains bullish as price reclaims previous highs and aims for the upper boundary of the resistance zone. The structure favors continuation as long as the trendline holds.
📌 Key Levels
Support zone: 3,345.000 (PDH and trendline convergence)
Breakout target: 3,495.000 (Resistance ceiling within the TARGET area)
Invalidation level: Below 3,345.000 and trendline breakdown ⚠️ Risks
Potential false breakout above 3,400
Failure to hold above 3,345 may trigger deeper correction
Resistance at ATH level could stall momentum
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
GOLD → Return to range. Fall from resistance...FX:XAUUSD is reacting to data related to the tariff war. The price is returning to the range and forming a false breakout of resistance. The level of 3370 and the zone of interest at 3387 play a key role.
On Thursday, gold rose to $3,400 amid a weaker dollar, increased demand for safe-haven assets, and continued uncertainty due to US trade policy and tensions in the Middle East and Ukraine. The Fed left rates unchanged and expressed caution in its assessment of the outlook, which also supports gold's rise.
However, in the European session, we are seeing gold react to the trade deal with Britain, most likely due to the easing of tariffs. Now the main focus is on the terms of the deal. We should not forget about China, where the situation remains tense, but everyone is waiting for a resolution.
Resistance levels: 3352, 3369, 3385
Support levels: 3319, 3269
The fundamental backdrop changes several times a day. At the moment, the situation is as follows: the rise of the dollar, the weakening of the tariff war, and the hawkish stance of the Fed may put pressure on gold. Therefore, I expect the decline to continue after a retest of 3370-3386. In this case, the target could be 3319.
Best regards, R. Linda!
Lingrid | GOLD structure BREAKOUT. Potential BULLISH RallyThe price perfectly fulfilled my previous idea . OANDA:XAUUSD has broken out of a descending triangle and bearish channel, signaling a short-term reversal. After printing a Lower Low near the support area, price surged past the downward trendline and is now forming a consolidation above it. This suggests bullish strength, but a retest of the breakout level may occur before a continuation.
📌 Key Levels
Support Zone: 3,219 – 3,321
Breakout Target: 3,435
Invalidation Level: Below 3,219 (re-entry into previous bearish structure)
⚠️ Risks
Rejection near 3,435 or failure to hold above the trendline could trigger a correction.
Bearish divergence or strong resistance at 3,487 may cap upside.
Upcoming economic news (e.g., NFP, CPI) could lead to volatility.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | GOLD Weekly OUTLOOK: Poised for BULLISH ReversalOANDA:XAUUSD market has retraced approximately 50% of the previous month's range and is approaching the critical golden zone at the 61.8% Fibonacci retracement level. After experiencing such strong bullish momentum, we've now witnessed two consecutive red weeks, suggesting a potential reversal point.
Price is currently testing the previous resistance zone, which has now established itself as support—a classic market structure confirmation. The formation of equal weekly lows beneath current price levels represents significant liquidity that could fuel an upward move.
Furthermore, the price action appears to be completing an ABC pullback pattern, which typically precedes trend continuation. This bullish outlook is further reinforced by the emergence of a falling wedge pattern, a technical formation that frequently resolves to the upside.
Overall, I expect prices to move higher in the coming week, potentially catalyzed by the upcoming Federal Funds Rate decision, which could provide the fundamental backdrop for the next leg up in gold's price trajectory.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
XAU/USD: Gold Regains Strength After Pullback – New Highs Ahead?By analyzing the gold chart on the 2-hour timeframe, we can see that yesterday, as expected, gold surged above $3400, reaching as high as $3439 before facing strong selling pressure, dropping sharply to $3359.
Currently, gold is trading around $3385, and if the price can hold above $3366, we may expect further bullish momentum. I believe gold is setting up for another move above $3400, potentially aiming to break into new highs once again.
THE LATEST ANALYSIS :
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XAU/USD) Bullish reversal analysis Read The ChaptianSMC Trading point update
technical analysis of Gold Spot (XAU/USD) on the 4-hour timeframe, projecting a bullish outlook. Here's a breakdown of the main ideas conveyed:
1. Support Level & Double Bottom
A strong support level is marked around the 3,177 area, with the price bouncing from it twice (highlighted by two black dots), indicating a potential double bottom pattern, which is typically a bullish reversal signal.
2. EMA 200 Support
The 200 EMA (Exponential Moving Average) lies just below the current price (~3,177), acting as dynamic support. The fact that price is holding above it adds strength to the bullish argument.
3. Bullish Divergence on RSI
The RSI (Relative Strength Index) shows a bullish divergence, where the price made lower lows but RSI made higher lows—another potential reversal indicator.
4. Price Projection
If the bullish move plays out, the chart outlines two upward targets:
Target Point: ~3,501.67
Next Target Point: ~3,729.23
These are based on measured moves from previous impulse legs (shown by vertical blue projections).
5. Entry Setup
The chart suggests a break above the short-term consolidation could trigger the bullish run toward the first target, aligning with bullish price structure and support confirmation.
Mr SMC Trading point
---
Overall Idea: The chart expects a bullish reversal from support, confirmed by double bottom, EMA 200 support, and RSI divergence, targeting higher resistance zones.
Pales support boost 🚀 analysis follow)
GOLD - Bullish Structure with Potential Continuation PlayThe current 1-hour chart of Gold (XAU/USD) demonstrates a clean bullish structure supported by an ascending channel and multiple unmitigated Fair Value Gaps (FVGs) acting as potential demand zones. This setup highlights the strength of the ongoing uptrend and offers insights into a high-probability continuation entry should price retrace.
Market Context and Trend Structure:
Following a prolonged downtrend visible in the earlier part of the chart, Gold reversed decisively with a bullish break of structure. Since then, price has been consistently printing higher highs and higher lows while respecting an ascending parallel channel. This channel, marked by two trendlines, encapsulates the short-term bullish momentum.
The current move is strong and impulsive, suggesting that institutional order flow is behind this leg. Candles are elongated with minimal wicks on the upside, reinforcing the idea of aggressive buying pressure.
Key Demand Zones and FVG Analysis:
Three major Fair Value Gaps (FVGs) have formed along the recent bullish leg, each potentially acting as a zone of reaccumulation. These FVGs are marked in green and correspond to areas where price left inefficiency after strong upward moves without immediate retracements.
* The most recent FVG, located just beneath current price, aligns with a minor structure support zone and overlaps partially with the lower boundary of the ascending channel. This area stands out as a prime candidate for a bullish continuation entry, particularly if price retraces and shows signs of holding.
* The middle FVG, slightly lower in the structure, represents a deeper mitigation level and could serve as a secondary entry in case the initial zone fails to hold.
* The lowest FVG is a broader inefficiency zone that formed near the base of the bullish reversal. If price returns this far, it would likely signify a temporary shift in momentum or deeper liquidity hunt before another leg upward.
Channel Structure and Momentum:
The ascending channel has been respected throughout the rally, offering visual confirmation of trend strength and the rhythm of pullbacks. The current price is near the upper boundary of the channel, and a short-term retracement is a logical expectation before continuation.
A pullback into the FVG + lower channel region would represent a convergence of structure, imbalance, and trendline support. These overlapping technical elements enhance the probability of a bounce from this zone.
Projected Path:
The chart also suggests a conservative bullish continuation projection, aiming toward the zone marked around 3449.12. This level appears to be a measured move extension and a safer target in relation to the overall structure. However, the note on the chart implies that the all-time high (ATH) could also be in play if momentum continues and market conditions remain supportive.
The key here is the behavior around the nearest FVG. If price retraces and holds this area—potentially forming a bullish engulfing or confirmation on lower timeframes—it may offer an ideal continuation entry with minimal drawdown.
Conclusion:
This Gold 1-hour chart reflects a strong bullish structure with clear institutional footprints left in the form of unmitigated FVGs. The alignment of ascending channel support and bullish imbalances creates a favorable setup for continuation traders. Watching the immediate FVG zone will be critical, as it may define the next impulsive leg toward higher targets. If that zone fails, deeper FVGs below offer secondary opportunities while maintaining the bullish bias as long as structural higher lows remain intact.
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 3260 and a gap below at 3217. 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
3260
EMA5 CROSS AND LOCK ABOVE 3260 WILL OPEN THE FOLLOWING BULLISH TARGETS
3308
EMA5 CROSS AND LOCK ABOVE 3308 WILL OPEN THE FOLLOWING BULLISH TARGET
3340
EMA5 CROSS AND LOCK ABOVE 3340 WILL OPEN THE FOLLOWING BULLISH TARGET
3382
EMA5 CROSS AND LOCK ABOVE 3382 WILL OPEN THE FOLLOWING BULLISH TARGETS
3428
EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGETS
3478
BEARISH TARGETS
3217
EMA5 CROSS AND LOCK BELOW 3217 WILL OPEN THE BEARISH TARGETS
3174
EMA5 CROSS AND LOCK BELOW 3174 WILL OPEN THE SWING RNGE
3126
3078
EMA5 CROSS AND LOCK BELOW 3078 WILL OPEN THE SECONDARY SWING RANGE
SECONDARY SWING RANGE
3034 - 2979
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 → Gold not ready to fall? What's going on?FX:XAUUSD is forming a local bottom and is not ready to continue falling. The price is breaking through the downward resistance amid a weakening dollar and a complicated fundamental backdrop.
At the beginning of the week, the price of gold stabilized above $3,250 as investors returned to defensive assets due to ongoing uncertainty surrounding US trade agreements with China and Japan, as well as growing geopolitical tensions in the Middle East and Ukraine.
The weakness of the dollar ahead of the Fed meeting and declining expectations of a rate cut are also supporting demand for gold. The focus remains on US trade news and the possible hawkish tone of the Fed this week.
Technically, the price is testing the bottom of the range as resistance. If there is no reaction to the false breakout and the price continues to storm 3268, then a breakout and consolidation above the level will allow it to strengthen to 3292-3314.
Resistance levels: 3269, 3294, 3314
Support levels: 3243, 3222, 3204
The price is forming a second retest of 3269 since the session opened. Buyers are testing resistance for a breakout. If the bulls break 3269 and consolidate above 3270, the chances for growth will be good. I do not rule out the possibility of a retest of the liquidity zone at 3243 before growth.
Best regards, R. Linda!
Gold - This week drop to 3167! (best level to buy)Gold recently dropped from 3500 to 3201, which is a pretty significant correction, but I think we are going to go lower. There is a lot of liquidity below the previous triangle and untested major swing high from 2nd April. In general, triangles act like a magnet for whales. When you see a triangle on the chart, you can be almost sure that the price will go back and take liquidity below it. Or at least retest the POC level of a triangle if the trend is very strong.
The 0.618 FIB is the strongest FIB. Then we have the 0.382 and 0.5. If the price is near the 0.618 FIB, there is a very high chance that we are going to hit this level sooner or later. Gold is near this strong fib level + we have to retest the previous swing high.
Right now I am pretty bearish on gold, and I think this week we are going to lower and test 3167. But I am very curious - what do you think about gold, and what is your ultimate bottom to buy it? Tell me in the comment section. Trading is not hard if you have a good coach! It is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
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
GOLD → An amazing recovery. Up to 3400?FX:XAUUSD continues to strengthen, testing resistance in the range, with buyers not giving up. The price breaks through the flat line and enters the buying zone; everything depends on the bulls...
Gold is rising for the second day in a row amid a weak dollar, increased demand for safe assets, and escalating conflicts in the Middle East and Eastern Europe.
Market nerves are being stoked by trade risks and instability in Asia, while investors await the Fed's decisions and Powell's speech.
GOLD is breaking out of its neutral range. Focus on 3369 and local resistance at 3381. The fundamental backdrop is favorable for gold. If buyers hold their ground above the indicated levels, the price may continue to rise.
Resistance levels: 3369, 3381, 3408
Support levels: 3352 (0.5f), 3330
I do not rule out the possibility of a retest of the local liquidity zone (long squeeze) at 3352 (0.5f) before continuing to rise. But at the moment, the focus is on 3369-3370, which are key levels (currently acting as support).
Best regards, R. Linda!
Hellena | GOLD (4H): LONG to resistance area of 3400.Colleagues, I've redrawn the waves a bit, because it looks like the correction should be over.
I believe that the upward movement will resume soon.
I expect two variants of events:
1) the price will reach the support area 3162, form wave “4” and after that we will see an upward movement - this is a variant of entering a position with pending limit orders.
2) Price has already formed wave “4” and then we will see only upward movement. This is a variant of market entry.
In both cases I expect the price to come to the target in the resistance area of 3400. This is a pretty strong level from which there could be a strong correction.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
GOLD ROUTE MAP UPDATEHey Everyone,
Great start to the week with our Bullish target at 3260 hit, followed with ema5 cross and lock opening 3308. This was hit perfectly also completing this target.
We are now seeing ema5 lock above 3308 opening 3340. Any rejections on this zone will see price testing the lower Goldturns for suport and bonce inline with our plans to buy dips within the overall structure.
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 20 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
3260 - DONE
EMA5 CROSS AND LOCK ABOVE 3260 WILL OPEN THE FOLLOWING BULLISH TARGETS
3308 - DONE
EMA5 CROSS AND LOCK ABOVE 3308 WILL OPEN THE FOLLOWING BULLISH TARGET
3340
EMA5 CROSS AND LOCK ABOVE 3340 WILL OPEN THE FOLLOWING BULLISH TARGET
3382
EMA5 CROSS AND LOCK ABOVE 3382 WILL OPEN THE FOLLOWING BULLISH TARGETS
3428
EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGETS
3478
BEARISH TARGETS
3217
EMA5 CROSS AND LOCK BELOW 3217 WILL OPEN THE BEARISH TARGETS
3174
EMA5 CROSS AND LOCK BELOW 3174 WILL OPEN THE SWING RNGE
3126
3078
EMA5 CROSS AND LOCK BELOW 3078 WILL OPEN THE SECONDARY SWING RANGE
SECONDARY SWING RANGE
3034 - 2979
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 ROUTE MAP UPDATEHey Everyone,
Another PIPTASTIC day on the charts with our chart idea playing out as analysed.
After completing 3260 and 3308 yesterday, we stated that we now had ema5 lock above 3308 opening 3340.
- This was done perfectly completing this target with plenty of time to get in for the action. We are now seeing ema5 lock above 3340 leaving 3428 open. Any rejections on this zone will see price testing the lower Goldturns for suport and bonce inline with our plans to buy dips within the overall structure.
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 20 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
3260 - DONE
EMA5 CROSS AND LOCK ABOVE 3260 WILL OPEN THE FOLLOWING BULLISH TARGETS
3308 - DONE
EMA5 CROSS AND LOCK ABOVE 3308 WILL OPEN THE FOLLOWING BULLISH TARGET
3340 -DONE
EMA5 CROSS AND LOCK ABOVE 3340 WILL OPEN THE FOLLOWING BULLISH TARGET
3382
EMA5 CROSS AND LOCK ABOVE 3382 WILL OPEN THE FOLLOWING BULLISH TARGETS
3428
EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGETS
3478
BEARISH TARGETS
3217
EMA5 CROSS AND LOCK BELOW 3217 WILL OPEN THE BEARISH TARGETS
3174
EMA5 CROSS AND LOCK BELOW 3174 WILL OPEN THE SWING RNGE
3126
3078
EMA5 CROSS AND LOCK BELOW 3078 WILL OPEN THE SECONDARY SWING RANGE
SECONDARY SWING RANGE
3034 - 2979
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 can correct to support level and then continue to move upHello traders, I want share with you my opinion about Gold. After studying this chart, we can track the progression of Gold's price action from strong bullish momentum to its current consolidation. Initially, the market trended confidently inside an upward channel, with steady growth supported by the lower boundary of the channel and occasional corrections after touching the resistance line. Each pullback respected previous support zones, a strong signal of buyer control at the time. The most impulsive move came after the price exited the buyer zone, followed by a clean breakout above the resistance line of the channel. However, once the price entered the seller zone, we saw the momentum start to fade. A strong rejection occurred near the resistance level at 3370, which eventually triggered a series of lower highs and shifted the market into a more neutral, range-bound phase. Currently, Gold is trading inside a defined range between 3205 and 3370. The bottom of this range aligns perfectly with the buyer zone, which already acted as a strong support during the last decline. We can also observe the market beginning to show signs of reversal after tapping the zone again. Given the reaction from the support area and the structure of the range, I expect the price can bounce back and make another attempt to reach the 3370 resistance level, which is my TP1 for this scenario. Please share this idea with your friends and click Boost 🚀
XUA/USD) bullish trend analysis Read The ChaptianSMC Trading point update
Technical analysis chart for Gold Spot (XAUUSD) on the 4-hour timeframe. Here's a breakdown of the key ideas behind the analysis:
1. Trend and Structure:
The overall trend shows a bullish move followed by a correction and now a potential continuation upward.
A bullish breakout from a descending trendline suggests a shift in momentum from bearish to bullish.
2. Key Zones:
Order Block / Buying Zone (~3,280-3,310): A demand area where price is expected to find support and potentially bounce higher.
Support Level (~3,320-3,360): Price is currently above this level, suggesting buyers are in control.
Resistance Level (~3,440-3,495): Marked as a potential short-term ceiling; a breakout above this level may signal strong bullish continuation.
Target Point (~3,494): This is the projected take-profit level for a bullish move.
3. RSI Indicator:
RSI is around 63–64, close to overbought territory but not yet extreme. This suggests moderate bullish momentum without signs of immediate reversal.
4. Projected Move:
The chart outlines a possible retracement to the support or order block zone, followed by a bounce and a push toward the resistance level and target.
Mr SMC Trading point
Strategy Implication:
Buy on pullback to the support or order block zone.
Stop-loss could be placed below the order block (~3,280).
Take-profit around the target zone (~3,494).
pales support boost 🚀 analysis follow)
GOLD H1 / 3285 USD & 3155 USD key BUY/SELL Levels🏆 Gold Market Mid-Term Update
📊 Technical Outlook Update
🏆 Market Overview
▪️correction in progress
▪️3285 USD overhead resistance
▪️Multiple waves of selling in progress
▪️Rejection at 3500 USD key S/R
▪️3155 USD logical next target short-term
▪️flagging on lower timeframe
▪️waves of profit taking pulling prices down
▪️3285 USD a good level to SHORT
▪️3145/3155 USD will be targeted by BEARS
▪️BULLS wait to BUY/HOLD low later
▪️Once the pullback/correction is over
📊 Gold Market Summary – May 5, 2025
🟡 Current Price: $3,266.20 (+0.82%)
📉 Weekly Close: $3,247.40 (flat for the week after sharp swings)
🇺🇸 US Jobs Data: 177K jobs added in April, earnings growth slowed to 0.2%. Market now watching Fed for rate cut signals.
🏦Fed Outlook: Mixed data fuels speculation on policy shift. Analysts see gold’s pullback as a new buying opportunity.
🌏Asian Demand: China and India remain key forces in price direction, alternating as major buyers.
📦Tariff Watch: Ongoing U.S.-China trade tension continues to weigh on risk sentiment, keeping gold in play.
🛑Geopolitics: No major updates on Iran-U.S. talks, India-Pakistan, or Russia-Ukraine ceasefire yet. These remain key risk triggers.
📈 Market Sentiment: Despite volatility, investor outlook stays bullish. Analysts eye mid-term targets above $4,000 if conditions align.