Daily Analysis- XAUUSD (Thursday, 8th May 2024)Bias: Bullish
USD News(Red Folder):
-Unemployment Claims
Analysis:
-No bottom wick on daily candle
-Looking for price to retest 0.382-0.5 fib level
-Potential BUY if there's confirmation on lower timeframe
-Pivot point: 3310
Disclaimer:
This analysis is from a personal point of view, always conduct on your own research before making any trading decisions as the analysis do not guarantee complete accuracy.
USCGC trade ideas
#XAUUSD BUY NOWThe image is a chart displaying the price of gold in US dollars per ounce over time, with various lines and annotations indicating trends and predictions. The chart appears to be a technical analysis of the gold market, with the user suggesting a potential buying opportunity with a target price of 3500.
Would you like any specific information about the image? Let me know what you'd like to do.
Gold (XAU/USD) slips amid renewed trade optimism; FOMC in focusGold markets are navigating another week of heightened volatility. After a bullish start on Monday and Tuesday, XAU/USD reversed course on Wednesday, with sellers regaining control. The precious metal faced strong rejection at the $3,430 level—an area that also acted as intraday resistance in April as gold attempted to break through all-time highs.
Monday’s surge marked a break from two consecutive weeks of downward pressure, drawing in fresh buyers eyeing a potential retest of the $3,500+ zone. However, ongoing fundamental uncertainties, particularly in U.S.–China relations, continue to drive erratic price action and keep traders on edge.
Trade Talks Reignite Market Volatility
The recent rebound in trade diplomacy has shifted market dynamics once again. U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer are scheduled to meet Chinese officials in what will be the first formal discussions since the U.S. imposed steep tariffs on Chinese goods. This renewed optimism around trade negotiations triggered a fresh wave of selling in gold on Wednesday.
Despite the pullback, gold remains underpinned by lingering investor caution. Mixed signals from both Washington and Beijing continue to cloud sentiment, while expectations of global monetary easing and a broader move away from U.S. assets provide ongoing support for bullion.
FOMC Decision Looms Large
All eyes now turn to the Federal Reserve’s policy meeting and Chairman Jerome Powell’s press conference later today. With markets already pricing in no change to interest rates, the spotlight will be on Powell’s tone and guidance for the months ahead.
Powell is widely expected to stick to the Fed’s cautious rhetoric, reflecting uncertainty over the economic impact of tariffs. Acknowledgment of sustained economic resilience or inflationary pressure could be perceived as a hawkish signal—dampening hopes of a June rate cut, boosting the U.S. dollar, and likely deepening the correction in gold prices.
Conversely, if Powell hints at heightened economic concerns and signals a potential rate cut in June, gold could regain upward momentum as investors reposition accordingly.
X1: GOLD/XAUUSD Buy Risking1% to make 3.70% | Manage your riskX1:
Risking 1% to make 3.70%
GOLD/XAUUSD Long for day trade, with my back testing of this strategy, it hits multiple possible take profits, manage your position accordingly.
Risking 1% to make 3.70%
Note: Manage your risk yourself, its risky trade, see how much your can risk yourself on this trade.
Use proper risk management
Looks like good trade.
Lets monitor.
Use proper risk management.
Disclaimer: only idea, not advice
GOLD Risky Long! Buy!
Hello,Traders!
GOLD is trading in an uptrend
So despite a local correction
We are bullish biased and
As we are already seeing
A bullish rebound from the
Local horizontal support
Of 3360$ a further
Bullish move up is
To be expected
Buy!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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!👉👉👉
xauusd..1h chart patternHere’s a clear and structured analysis of your **Gold (Buy) Trade Setup**:
### **Trade Summary**
- **Entry Price**: **3278**
- **Target Price**: **3500** (**+222 points potential profit**)
- **Stop Loss**: **3350** (**-72 points risk**)
### **Key Metrics**
✔ **Risk-Reward Ratio**: **1:3.08** (Excellent – Reward > 3x Risk)
✔ **Minimum Required Win Rate**: **~25%** (Profitable if 1 in 4 trades hits target)
### **Technical Validation**
1. **Trend Line Confirmation**:
- Ensure the trend line has **at least 2-3 touches** (valid support).
- Look for **higher lows** in price structure (bullish trend).
2. **Entry Trigger**:
- Ideal if price bounces off the trend line with **bullish candlestick patterns** (e.g., hammer, engulfing).
- Confirm with **RSI > 50** or **MACD turning bullish**.
3. **Target (3500) Justification**:
- Previous resistance level? Fibonacci extension (e.g., 1.618)?
- If purely trend-based, consider partial profit-taking near **3430-3450**.
4. **Stop Loss (3350) Safety Check**:
- Place **below recent swing low** (if trend line is intact).
- Avoid too tight—gold can be volatile.
### **Trade Execution Plan**
✅ **Enter**: On confirmation (e.g., bounce + close above **3285**).
🎯 **Profit-Taking**:
- **1st Target**: 3400 (partial close 50%).
- **2nd Target**: 3500 (trail stop).
🛑 **Stop Loss**: Strictly **3350** (if trend breaks).
### **Potential Risks**
⚠️ **False Breakout**: If gold drops below trend line before rallying.
⚠️ **News-Driven Volatility**: Fed rates/CPI data can cause sharp reversals.
### **Final Verdict**
**High-Probability Trade** if:
- Trend line is strong + Momentum supports upside.
- Stop loss is respected (no emotional holding).
Would you like help refining the entry trigger or adjusting targets? 🚀
XAUUSD 15 MINUTESThe chart you've shared shows a recent trade setup on the Gold Spot vs. US Dollar (XAU/USD) on a 15-minute timeframe. Here's a quick breakdown:
Entry Point: Around 3,364.090
Stop Loss: Approximately 3,373.217 (red zone)
Take Profit / Target: Around 3,332.672 (green zone)
Result: The trade reached the target successfully, as indicated by the “TARGET SUCCESSFUL” label.
This appears to be a short trade (sell position) given that the price moved down from entry to the target.
Would you like an analysis of the trade rationale or ideas for future setups based on this chart?
Technical Breakdown on Gold Spot / USD (XAU/USD) | 1H TimeframeHere is a full professional breakdown of the attached XAU/USD 1H chart (Gold Spot) using Volume Profile, Gann levels, CVD + ADX structure.
1. Key Observations (Volume, Gann & CVD + ADX Focused)
a) Volume Profile Insights
Value Area High (VAH): $3,364.00
Value Area Low (VAL): $3,314.00
Point of Control (POC):
Current session: $3,314.78
Previous key zone: $3,257.03
Volume Node Analysis:
High-Volume Nodes: Around $3,314 and $3,257 – shows strong institutional interest and base-building.
Low-Volume Gaps: Between $3,285–$3,305 – fast move zones, expect volatility on re-entry.
b) Liquidity Zones
Buy-side Liquidity (stops above): Near $3,364 and projected $3,400+
Sell-side Liquidity (stops below): $3,314 (POC), $3,257 (previous POC), $3,245
Absorption Zones: Heavy volume observed near $3,314 and $3,257
c) Volume-Based Swing Highs/Lows
Swing Low Support: $3,257 (confirmed with POC and structure)
Swing High Resistance: $3,364 (local high tested)
d) CVD + ADX Indicator Analysis
Trend Direction: Uptrend – confirmed by rising price action + volume support
ADX Strength: > 20 and DI+ > DI- → Confirmed Uptrend
CVD Confirmation: Strong uptrend alignment – CVD is rising with price → indicates strong demand
2. Support & Resistance Levels
a) Volume-Based Levels
Support:
$3,314 (POC – session)
$3,257 (Major POC)
$3,245 (historical volume cluster)
Resistance:
$3,364 (recent high / VAH)
$3,400 (psychological round number + potential stop cluster)
b) Gann-Based Levels
Recent Swing Low (Gann): $3,257
Recent Swing High (Gann): $3,364
Retracements from $3,364 High:
1/3: $3,328
1/2: $3,310
2/3: $3,292
3. Chart Patterns & Market Structure
a) Trend:
Bullish Trend – Higher highs and higher lows with volume confirmation
b) Notable Patterns:
Breakout from consolidation at $3,314
Potential Bullish Flag/Wedge forming inside the channel
Retest possible near $3,314–$3,292 for continuation
4. Trade Setup & Risk Management
a) Bullish Entry
Entry Zone: $3,314–$3,292 (retest of breakout and channel base)
Targets:
T1: $3,400
T2: $3,440–$3,480 (upper channel bound)
Stop-Loss (SL): Below $3,257
Risk-Reward: Minimum 1:2
b) Bearish Entry
Only valid on break and close below $3,257
Entry Zone: $3,257
Target: $3,220
Stop-Loss (SL): Above $3,292
Risk-Reward: Minimum 1:2
c) Position Sizing
Risk only 1-2% of capital per trade
Today’s gold price: go long on dipsToday’s gold price: go long on dips
The price of gold has risen sharply today, with the current price at 3320.
Obviously, the strong gains during the European and American sessions did not give the opportunity to go long at the bottom during the Asian session.
Remember the plunge in the Asian market before the May Day holiday?
When Asian markets open tomorrow (Tuesday), gold prices will inevitably fluctuate at high levels.
Gold prices have risen nearly 100 points again from last Friday to today.
It is not difficult to analyze it next.
It will be a high probability event for gold prices to rise to 3500 points next week.
And I think it is unlikely to bring a buffer opportunity to the Asian session, which will be another precise financial blockade.
Next, pay attention to 3300 points.
This week's gold price strategy continues to return to low-priced longs.
This week's target expectation: 3400-3500+
Main support levels:
3260
3280
3300
As long as the gold price runs above these support levels, the intraday trading idea is still mainly to buy on dips.
Even if the gold price does not rise significantly, there is a high probability that it will return to the shock pattern of the 3260-3360 range.
Operation strategy:
Pay attention to the support level in the 3280-3300 range and wait for the gold price to pull back and go long on dips.
Daily Analysis- XAUUSD (Tuesday, 6th May 2024)Bias: Bullish
USD News(Red Folder):
-None
Analysis:
-Strong bullish momentum
-Looking for price to reach 0.618 fib level
-Potential BUY if there's confirmation on lower timeframe
-Pivot point: 3300
Disclaimer:
This analysis is from a personal point of view, always conduct on your own research before making any trading decisions as the analysis do not guarantee complete accuracy.
GOLD recovers to initial target, confirmation point continuesOANDA:XAUUSD surged in the first half of trading on Monday (May 5), briefly surpassing the $3,270/ounce mark and marking a daily gain of more than $30. as uncertainty over U.S. tariffs spurred safe-haven flows, supporting gold prices. The Federal Reserve’s interest rate cut in June is also boosting the appeal of non-yielding gold.
Bloomberg reported on Monday that US President Donald Trump plans to impose a 100% tariff on all foreign-made films, which is not a huge deal, but it does escalate the trade war. "I am authorizing the Department of Commerce and the United States Trade Representative to immediately begin proceedings to impose a 100% tariff on all foreign-made films imported into the United States," Trump wrote on his Truth Social social media platform. "We want our movies made in the USA again!"
Gold prices have risen nearly 25% this year, hitting a record high above $3,500 an ounce in April, but have retreated in recent weeks. Bloomberg notes that factors driving gold’s recent rally include safe-haven buying fueled by Trump’s destructive trade and geopolitical policies, as well as speculative demand from China and buying by global central banks.
According to CME's "Federal Reserve Watch" on May 5: The probability of the Federal Reserve keeping interest rates unchanged in May is 96.8%, and the probability of cutting interest rates by 25 basis points is 3.2%.
The probability of the Federal Reserve keeping interest rates unchanged until June is 63.3%, the probability of cutting interest rates by 25 basis points is 35.6%, and the probability of cutting interest rates by 50 basis points is 1.1%.
Technical outlook analysis OANDA:XAUUSD
On the daily chart, gold is still bullish as the price action remains above the important support EMA21. At the same time, the price channel that is noted as the main long-term trend channel remains stable.
On the other hand, the Relative Strength Index (RSI) is also showing signs of weakness as it falls to approach the 50 level, which is noted as the closest support in terms of momentum.
Going forward, if gold rebounds above $3,245, it could rebound to the short-term target of $3,267, more than the 0.382% Fibonacci retracement level, and then the full price point of $3,300.
As long as gold remains within the price channel, its long-term trend remains bullish, but the risk of a deeper correction is when the 0.50% Fibonacci retracement level is broken below, once this level is broken below gold is at risk of further selling to $3,163 in the short term. This also means that technically gold is in an ideal support area for bullish expectations, long positions should be protected below the 0.50% Fibonacci retracement level.
In the coming period, gold has technical conditions that favor a bullish recovery, and the notable points will be listed as follows.
Support: 3,245 – 3,228USD
Resistance: 3,267 – 3,270 – 3,292USD
SELL XAUUSD PRICE 3304 - 3302⚡️
↠↠ Stop Loss 3310
→Take Profit 1 3296
↨
→Take Profit 2 3290
BUY XAUUSD PRICE 3173 - 3175⚡️
↠↠ Stop Loss 3169
→Take Profit 1 3181
↨
→Take Profit 2 3187
Gold is Booming: Time to BUY (Part 1/4)War, Uncertainty and Safe-Haven Demand
Gold is on fire.
+15% in 2023
+35% in 2024
+35% again — just in the first 4 months of 2025 (!)
Now trading near all-time highs: $3500
What’s driving the rally?
Global tensions:
China–Taiwan
Iran/Hamas–Israel
Russia–NATO
India–Pakistan
All on the edge of escalation. This fuels demand for safe-haven assets .
Trade Wars 2.0:
— US hits China with 145% tariffs
— China retaliates with 125% tariffs
— US GDP down -0.3% in Q1 2025
Uncertainty = more demand for gold.
We've seen it before:
In 2018, trade wars triggered a long gold rally.
From 2018 to 2020 → Gold +100%
Target: $4000–5000 is on the table.
Gold Buy Opportunity🟢 Gold (XAU/USD) 4H Long Setup – Bullish Reversal from Key Demand Zone
Gold is showing early signs of a bullish reversal from the 4H demand zone near 3270, with confluence from the 200 EMA and previous volume accumulation support (visible via VPVR).
✅ Entry: 3270.35
🎯 Target: 3369.45
🛑 Stop Loss: 3252.77
📊 Risk/Reward Ratio: 5.17
📆 Projection: 3.03% move in 3 days (by May 15)
📈 Technical Highlights:
EMA Support: Price is testing the 200 EMA, acting as a dynamic support zone.
Volume Profile: Significant buying volume accumulated in the current region, increasing bounce probability.
Structure: Higher-low formation still intact; rejection wick suggests buyer defense.
Bullish Target: Previous 4H supply near 3369 aligns with clean breakout structure.