My Recent Long Trade on XAUUSD | Bullish Crab Pattern
Weekly:: Price was reacting from the weekly key level of rejection block(wick)
Set Up: Bullish Crab Pattern on H1, the d-leg PRZ aligns with the weekly key level of rejection block. so bc projection of the d leg of 1.618 was fully tested and confirmed.
ENTRY: Entry was on H1 support after M15 CHOCH. Supply to Deman Flip entry model can also work here. sniper entry at H1 support.
H1 support entry, (sniper)
TP1 AT 0.382 WAS ACHIEVED ( Trade mgt, moved sl to breakeven)
TP2 AND TP3 WAS HIT AT 0.618 AD 0.786 Respectively.
that was how we made 1:7.4 R:R on Gold.
Hope you got value from this analysis. chat soon guys and drop your comments below.
GOLD trade ideas
XAUUSD - Gold Trend Before FOMC!Gold is trading above its EMA200 and EMA50 on the 4-hour timeframe and is trading on its uptrend line. A continued upward move in gold will put it in the supply zone, where it is possible to look for short positions. A downward correction in gold will also open up long positions.
Gold traders endured another turbulent week, marked by the second consecutive decline in prices—once again underscoring the market’s acute sensitivity to economic news and developments.
Adrian Day, CEO of Adrian Day Asset Management, offered a cautiously humorous take on the situation by likening it to the Peggy Lee song that asks, “Is that all there is?” He pointed out that gold has pulled back by over 7% from its recent high in less than two weeks.Although this correction is notable, it hasn’t been deep enough to flush out all short-term traders or weak-handed investors from the market.
Day added that rising fears of a U.S. recession—which typically exert early downward pressure on gold—alongside the possibility of easing U.S.-China trade tensions, may limit investment demand for gold in the short term. Concluding his comments, he maintained a cautious stance, saying that further downside remains likely and that his outlook for the coming week is bearish.
Meanwhile, U.S. President Donald Trump, in a new interview with NBC, addressed several key economic and political issues. He stated that if necessary, the deadline for selling TikTok would be extended, and some tariffs on Chinese goods might become permanent. Nevertheless, he indicated that he is also considering reducing certain tariffs in the future.
Trump emphasized that small businesses do not require additional assistance and that the Federal Reserve should cut interest rates. He confirmed that Jerome Powell will remain Fed Chair through the end of his term in 2026. He also mentioned potential successors for his own position, naming Vance and Rubio as possibilities.
After a week dominated by employment data, the upcoming week will be entirely focused on monetary policy. The centerpiece will be the May FOMC meeting, the Fed’s rate decision, and Jerome Powell’s press conference on Wednesday. While markets broadly expect the Fed to hold rates steady, Powell’s official remarks and answers to press questions—especially following his sharp tone earlier in April—will be under close scrutiny.
It is widely expected that the Federal Reserve will leave its key interest rate unchanged on Wednesday, as policymakers assess how President Trump’s tariffs gradually impact various sectors of the economy. Markets are currently pricing in a potential rate cut starting in July. The Fed’s dual mandate is to maintain low inflation and high employment, and it may face a dilemma if tariffs negatively affect both indicators, as many economists now warn.
Immediately following the Fed meeting, senior policymakers including Barr, Kugler, Waller, and Cook will travel to Iceland to attend the Reykjavik Economic Conference. On Friday, they will participate in panels discussing artificial intelligence, labor market trends, and monetary research—topics that could offer insights into the Fed’s long-term policy direction.
Simultaneously, traders are also awaiting two key reports: the ISM Services Index for May, due today, and weekly jobless claims figures set for release on Thursday. Together, these reports will help complete the picture of the U.S. economy as critical monetary policy decisions approach.
(XAU/USD – Gold Spot, 1H Chart) Long🔍 Technical Analysis (XAU/USD – Gold Spot, 1H Chart)
🔹 Chart Structure & Trendlines
Descending Trendline Breakout: Price has decisively broken above the long-standing descending trendline, indicating a potential bullish trend reversal.
Horizontal Support/Resistance:
Key support zone: Around 3260–3270, shown with horizontal cyan lines and multiple bounce points (green arrows).
Key resistance zones:
Minor resistance at 3334.48.
Strong resistance at 3358.62 (previous structural high).
🔹 Price Action Insights
Double Rejection & Breakout: After testing the descending trendline twice (red arrows), price finally broke above it with strong bullish momentum.
Retest Expected: Price may retest the 3260–3270 support zone (previous resistance and trendline convergence), which aligns with standard breakout-retest-continuation behavior.
Projected Targets:
Target 1: 3334 (recent high/resistance).
Target 2: 3358 (next major resistance).
🔹 Bullish Structure Confirmation
Higher lows and higher highs are forming.
Bullish engulfing breakout candle above resistance zone.
🌐 Fundamental Analysis – Key Drivers for Gold (XAU/USD)
🔸 Global Economic Context
U.S. Dollar Weakness: If recent U.S. economic data (jobs, inflation) shows signs of cooling, it weakens the dollar, boosting gold prices.
Fed Policy Outlook: Markets are closely watching the Federal Reserve’s stance on rate cuts. Dovish signals (rate cuts or pause) tend to support gold due to its inverse relationship with real yields.
🔸 Geopolitical & Safe-Haven Demand
Any rise in geopolitical tensions (e.g., Middle East, Eastern Europe) increases demand for gold as a safe-haven asset.
Recent market uncertainty may explain the breakout move shown on the chart.
🔸 Inflation & Commodities Correlation
Persisting inflation keeps gold attractive as an inflation hedge.
Rising oil prices also tend to support gold prices due to commodity correlation and inflationary spillovers.
📈 Conclusion & Outlook
Technical Bias: Bullish (breakout confirmed with clean structure).
Fundamental Bias: Mildly bullish to bullish, depending on Fed tone and macroeconomic prints.
Short-term Strategy: Look for a retest around 3260–3270 as a potential long entry zone targeting 3334 and 3358.
Risk Management: Use stops below 3250 to protect against false breakouts.
Gold Outlook: After Breaking 3,260 — Is 3,000 the Magnet?Gold Weekly Forecast
Gold closed last week below the previous weekly lows at 3,260, confirming bearish intent. Price has now left behind multiple imbalances from the bullish leg that started at the 3,000 level.
We could first see a retracement to the small imbalance zone around 3,300, followed by a bearish continuation back to the main support/imbalance zone near 3,000.
Sideways price action is likely early in the week — but unless bulls reclaim 3,300+, momentum favors a retest of the base.
Bias: Bearish
Key Zones:
• Resistance / Rebalance: 3,300
• Support / Imbalance Target: 3,000
—
Weekly forecast by Sphinx Trading
Drop your view in the comments.
#Gold #XAUUSD #GoldForecast #LiquidityVoids #TechnicalAnalysis #SphinxWeekly #SmartMoney #FVG #3kLevel
Gold fell as expected. What will happen next week?Gold fell within the range expected by Quid. Although it rebounded slightly, the final result did not change. Will the direction of gold change next week?
Quid's analysis:
Gold's 1-hour moving average is downward, and there is a trend of continuous downward development; gold is currently under pressure from the 3270 line, so 3270 will still be the key turning point for gold bears next week. Although gold has rebounded slightly, the magnitude of the decline is not large; if the upward resistance level of 3270 fails to break through next week, it may be in a sideways fluctuation.
The downward trend will not reverse for the time being, unless major news is released on the weekend, which directly affects the gold market.
Quid believes that the ups and downs of the market are normal. Gold has fallen by about $300 from its high point, and the overall trend in the near future is still downward; it continues to fall after a small rebound, which means that the strength of gold bears is still there.
Quide believes that it is always easy to follow its trend; violating its rules always makes oneself exhausted; the market is always right, and standing on the opposite side of the market will always be taught a lesson by the market. In the face of the overall trend, traders should not be lucky, and the market will not forgive your mistakes again and again.
Operation strategy:
Short around 3270, stop loss at 3280, take profit around 3220;
NFP is out. Market reaction - 2025.05.02The NFP number came out higher than the forecast, but lower than the previous (even the revised one). The initial reaction was in favour of DXY, but it has gone quiet very quickly. Maybe because of the fact that the market is preparing for some action on 7th of May, when the Fed announces interest rates.
Let's dig in...
MARKETSCOM:DOLLARINDEX
FX_IDC:AUDUSD
FX_IDC:USDJPY
Let us know what you think in the comments below.
Thank you.
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Daily Analysis: 30‑04‑2025Spot gold closed yesterday with a 1.5% loss at 3239, marking its third consecutive day of decline. However, the market opened today with some buying activity. Since the full impact of the trade war has yet to materialize, weak economic data from both the U.S. and China—combined with a statement from China’s Ministry of Commerce indicating it is considering a negotiation offer on tariffs—has been interpreted as a sign of easing tensions.
Given these developments, potential gains in gold prices may remain limited in the short term. In this context, as long as the price fails to break above the 3270 resistance level, 3200 remains a likely target. The next support and resistance levels are seen at 3180 and 3300, respectively.
Gold Technical Update (4H Time Frame) / Gold BullishAs we mentioned last week, gold was consolidating on the 4H time frame. After the breakout, all our projected targets were successfully achieved as of yesterday.
Currently, gold is forming a bullish flag pattern on the 4H chart — a continuation pattern that often signals the potential for further upside.
If gold sustains above the 3275–3280 zone, we may see renewed bullish momentum with the following potential targets:
Target 1: 3300
Target 2: 3340
Target 3: 3360
Target 4: 3400
⚠️ This is a technical analysis-based outlook. Traders are advised to manage their positions with proper risk-reward strategies and stay updated with market developments.
GOLD Formed Bearish Head and Shoulders Pattern🚨 TVC:GOLD Formed Bearish Head and Shoulders Pattern 🚨
TVC:GOLD has formed a bearish head and shoulders pattern and appears to be making a pullback to the neckline before a potential drop. However, if the price breaks out above the right shoulder, the bearish pattern could be invalidated.
📈 Technical Overview:
Pattern: Bearish Head and Shoulders
Neckline: Current pullback area.
Bearish Confirmation: A drop below the neckline could confirm the bearish move.
Invalidation: If the price breaks out above the right shoulder, the bearish pattern may be invalidated.
Gold on Edge – Will NFP Trigger the Next Big Move?🚨 Gold at a Crossroads – Will NFP & White House Comments Trigger a Volatility Spike? ⚡
🧭 Macro Overview
Gold enters the US session with a mild rebound after a sharp selloff, following its historic climb to $3,500/oz. The recent drop was driven less by fundamentals and more by aggressive profit-taking, especially from retail flows in Asia, notably China.
Rather than a trend reversal, this correction looks like a healthy technical reset, just ahead of two major catalysts:
1️⃣ US Non-Farm Payrolls (May edition)
2️⃣ White House remarks on tariffs and trade strategy
These two factors will likely define gold’s direction heading into next week — either toward deeper support zones or a potential recovery rally into resistance.
📊 DXY & Macro Market Lens
The US Dollar Index (DXY) has bounced off its base near 98.xx, currently testing the 100.00 level. Whether the dollar strengthens further depends largely on today’s labour data and fiscal signals from Washington.
Traders should remain tactically neutral, relying on intraday timeframes like H1/H2 and respecting key price structure.
🔺 Key Resistance Levels
3,260
3,275
3,285
3,312
🔻 Key Support Levels
3,244
3,230
3,215
3,200
🎯 Trade Plan – Friday 3rd May, 2025
🔵 BUY ZONE A:
Entry: 3,232 – 3,230
SL: 3,226
TP: 3,236 → 3,240 → 3,244 → 3,248 → 3,252 → 3,256 → 3,260
🔵 BUY ZONE B:
Entry: 3,214 – 3,212
SL: 3,208
TP: 3,218 → 3,222 → 3,226 → 3,230 → 3,235 → 3,240
🔴 SELL ZONE:
Entry: 3,276 – 3,278
SL: 3,282
TP: 3,272 → 3,268 → 3,264 → 3,260 → 3,250
⚠️ Final Notes
Volatility may spike sharply during the NY session as NFP and political news collide.
This is the kind of session where traders can either capitalize massively or get caught offside — stay disciplined.
Avoid emotional entries — let price come to you, wait for confirmation, and stick to your TP/SL.
📣 Conclusion
We’re likely in a calm-before-the-storm scenario. Gold hasn’t made its real move yet — but when it does, it’ll be swift.
Prepare. Execute. Protect your capital.
#XAUUDA Short Signal? A "close below 3250 short signal" for #XAUUSD** (Gold Spot/U.S. Dollar) indicates a potential bearish trading opportunity if the price closes below the key level of **3,250** on the 15-minute chart. Here's the breakdown:
### Key Observations:
1. **Current Price**: 3,251.365 (slightly above 3,250).
2. **Critical Level**: 3,250 acts as a psychological and technical #support/#resistance level.
3. **Bid/Ask Spread**:
- **SELL (Bid)**: 3,250.770
- **BUY (Ask)**: 3,251.590
#Signal Interpretation:
- #Short_Signal_Trigger**: A confirmed close **below 3,250** on the 15m chart suggests weakening bullish momentum and potential downward movement.
- **Targets**: The next support levels to watch are **3,248 → 3,244 → 3,240**, with stronger support near **3,215–3,207**.
- **Invalidation**: A rebound above **3,256–3,260** would negate the bearish bias.
### Execution Tips:
- **Confirmation**: Wait for a full 15m candle to close below 3,250 to avoid false breakdowns.
- **Risk Management**: Place a stop-loss just above recent resistance (e.g., 3,256–3,260) to limit downside risk.
- **Context**: Monitor broader market conditions (e.g., USD strength, geopolitical events) that could impact gold prices.
This setup aligns with a classic technical trading strategy, leveraging price action around key levels. Always validate with additional indicators (e.g., RSI, volume) if available.
New gold price range: 3170-3260New gold price range: 3170-3260
As shown in the figure:
The downward trend is obvious, and there is still room below
As the Asian market plummeted after the holiday, the US market was unable to pull up, and it continued to fall today, completely breaking through the range.
The new range is 3170-3260
Technical analysis:
1: As long as the gold price is below 3260, today's strategy only participates in short selling
2: Fully test the new support level of the 3160-3180 range and try to buy the bottom and go long
Today's data is worth paying attention to
I think the data of these two days is bearish on Thursday and bullish on Friday
According to this rhythm, gold is relatively in line with the current range fluctuations
Gold opens up callback space as expectedGold finally broke through the rhythm of continuous fluctuations in the morning and ushered in a relatively large correction.
After the cyclical retracement in the morning, a bottom-breaking market was formed. Generally, for a direct decline in the Asian session, we will put the watershed at the opening price, which is the current high point of 3290! But it is not very meaningful to look at this position now. According to the recent rhythm of Asian session decline, weak European session, and rebound in the US session. We can look at the second decline in the European session rebound.
But we should be more cautious in the US session. Especially in the second half of the US session,
Intraday short-term pressure: 3266-70 top and bottom conversion position below: hourly double bottom around 3211-3195 "Observe whether there is a key area for the signal of stopping the decline"
Wide fluctuations, short at high levels and long at low levelsIn terms of news, we need to pay close attention to the conflict between Russia and Ukraine and the recent conflict between India and Pakistan. Initial jobless claims and PMI data will be released on Thursday, and the unemployment rate and non-farm data for April will be watched on Friday.
Technical side, from the 4-hour analysis, the upper side continues to focus on the short-term suppression of 3320-3330, and further focuses on the suppression of 3345-56. The intraday rebound relies on 3320-3330 to short and continue to fall. The lower support is 3300-3290, and the short-term long-short strength and weakness watershed is 3270-3260. Before the daily level loses this position, continue to see long-short fluctuations, and participate in high-altitude low-multiple cycles. Do not chase orders.
Intraday trading strategy
SELL 3320-3330
TP 3300-3290
BUY 3260-3270
TP 3300-3310
If you agree with this point of view, or you have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
OANDA:XAUUSD FX:XAUUSD FXOPEN:XAUUSD FOREXCOM:XAUUSD TVC:GOLD
Gold can break support level and continue to declineHello traders, I want share with you my opinion about Gold. For a while, Gold was confidently moving within an upward channel, with each impulse supported by rebounds from the lower boundary. After breaking out of the buyer zone, the price made a strong bullish move, supported by momentum and healthy corrections. This movement continued up to the current support level at 3285, where the price began to stall. Then, a classic Head and Shoulders pattern has now fully formed. The left shoulder, head, and right shoulder are all visible and aligned with the support area, which now acts as the neckline of the pattern. This isn't random, it's a well-defined reversal signal forming after an extended bullish leg. The rejection from the right shoulder shows evident seller control, and the price is now testing the neckline from below. The support area has already been broken once, and any bounce from here appears corrective rather than impulsive. Given this setup, I expect that price can fully breakdown toward the 3060 level, which acts as both a strong historical support and my TP1. Please share this idea with your friends and click Boost 🚀
#BEARISH MOVE EXPECTEDIn this analysis we're focusing on 1H time frame for gold. In this analyze we are using downward trendline along with the combination of price action. When price enter in our supply area, so our first step is to observe how price will react and if price give any bearish confirmation then we'll execute our trade. Confirmation is very important.
Always use stoploss for your trade.
Always use proper money management and proper R:R ratio.
This is my analysis not a financial advice.
#XAUUSD 1H Technical Analysis Expected Move.
Gold: Bearish Shooting Star Reversal?The trend in gold is higher and no doubt it can go higher still.. BUT
There is a possible short setup
because:
A) It's very overbought relative to its weekly average
B) A Weekly shooting star reveral pattern took place on the weekly chart
C) The daily chart shows a possible breakdown
Thoughts?
Gold fluctuates and waits for interest rate decisionAfter gold quickly rose and fell in the morning today, it basically began to fluctuate sideways. Of course, this is also in preparation for the heavyweight data of the Federal Reserve's interest rate decision. The early pullback of gold at the hourly level has double-needle support near 3360, followed by yesterday's Asian session pullback near 3350. The U.S. session mainly focuses on the range of this position. In general, the short-term idea before the interest rate decision is to focus on the high-selling and low-buying operations in the range of 3350 to 3400. If it falls below the support of 3350, it is recommended to directly chase the short position and pay attention to the key support of 3290 below. On the whole, the short-term operation strategy for gold is to mainly short on rebounds and to go long on pullbacks. The short-term focus on the upper side is the 3400-3405 line of resistance, and the short-term focus on the lower side is the 3350-3300 line of support.
GOLD (XAUUSD) – Accumulation Before ExpansionPrice is currently consolidating in a tight range following a strong bullish move, indicating a classic accumulation phase. Below the range, we’ve identified a manipulation zone where liquidity has been swept—potentially trapping sellers and collecting orders for smart money.
This setup aligns with Wyckoff theory:
Accumulation is taking place within a tight range.
Manipulation (Spring) has occurred beneath the range to grab liquidity.
Anticipating a bullish breakout towards the distribution zone, with targets near 3522.
📌 Key Levels:
Accumulation Range: 3,370–3,390
Manipulation Zone: 3,308–3,286
Target (Distribution): 3,440–3,522
🎯 Waiting for a confirmed breakout with a strong bullish candle and volume surge. Monitoring lower timeframes (M5–M15) for optimal entries.