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Gold Showing Signs of Reversal After Hitting Key ResistanceHello Guys. Gold has reached a major resistance zone around 3439–3425, which has already acted as a strong ceiling in the past. The price tapped into this area again, forming a clear divergence, and failed to break higher. Here’s what stands out: Divergence signals a weakening bullish momentum at the top. The price rejected the resistance and is now breaking structure to the downside. A minor pullback may occur before continuation, as shown in the projected moves. First target: 3259.792 Second target (if support breaks): 3136.869, a deeper zone for potential bounce or further drop. This setup hints at a bearish trend building up. Stay cautious on longs unless the price structure changes again.
OANDA:XAUUSDShort
by melikatrader94
25
Gold’s on a Roller Coaster — and We’re Riding It Down🎢 Gold’s on a Roller Coaster — and We’re Riding It Down 🎢 Gold just snapped up like it saw Trump tweet “TARIFFS ARE BACK” — but the move smells like a knee-jerk algo pump, not real conviction. We just rejected right into a thin-volume imbalance zone and tagged the underside of a long-standing trendline. 📉 Short Setup Locked In: 💥 Entry: 3405 🛑 Stop: 3415 🎯 Target: 3353 💰 R:R ≈ 5:1 🔍 Why I'm In This Trade: That rip? Total headline panic, not structural strength. Low volume shelf above, with a massive POC magnet below at 3353. We tapped the Developing VAH (3414) and got rejected — classic trap setup. SQZMOM showing the energy is already fizzling. Green flash, no follow-through. 🧠 The Narrative: Gold’s trying to price in volatility from every angle — Trump talk, tariffs, macro chaos — but under the hood, this pop looks unsustainable. If this is just a liquidity grab, we could see a flush back into the meat of value fast. Grab your helmets — this roller coaster might just be heading downhill 🎢📉
COMEX_MINI:MGC1!Short
by JoshuaDanford
GOLD REMAINS UNDER PRESSURE AFTER U.S. INFLATION DATA📊 Market Overview: Gold is trading around $3294, down from $3311 earlier after U.S. Core PCE and Employment Cost Index came in as expected — reinforcing the Fed's hawkish stance. A stronger dollar and rising Treasury yields continue to weigh on gold. 📉 Technical Analysis: • Key resistance: $3302 – $3305 • Nearest support: $3285 – $3275 • EMA09 (H1): Price is below the 9-period EMA → short-term trend remains bearish • Candlestick / volume / momentum: After the sharp drop, price is consolidating between $3293–$3298 with low volume. Failure to break above $3302 may trigger further downside. RSI near 45 suggests room for more selling. 📌 Outlook: Gold may continue to decline in the short term if it fails to reclaim $3302 and the dollar remains strong through the Asian and European sessions. 💡 Suggested Trade Setup: 🔻 SELL XAU/USD: $3296 – $3298 🎯 TP: $3280 / $3275 ❌ SL: $3305 🔺 BUY XAU/USD: $3275 – $3278 (if reversal candle appears) 🎯 TP: $3295 ❌ SL: $3270
OANDA:XAUUSDShort
by Mian-FXSignals
2
Gold Struggles at Resistance – Indicates Lower Lows AheadGold has been in a clear downtrend after facing a strong rejection around the 3,438 level (main resistance zone). Price is currently moving within a descending channel, confirming the formation of lower highs and lower lows – a classic bearish market structure. Currently, Gold is trading near 3,306, facing resistance at 3,339 (marked as a possible lower high). If price fails to break above this level and sustain, there is a strong probability of continuation towards 3,249 and even 3,216. Key Technical Highlights - Immediate Resistance: 3,339 – 3,353 - Support Levels: 3,301 (short-term), 3,249, and 3,216 A rejection near 3,339 can lead to another leg down targeting 3,249 and 3,216. However, a strong breakout above 3,339–3,353 could temporarily shift momentum towards 3,394. Note Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
OANDA:XAUUSDShort
by SibiSh
2
Gold Price Consolidates in Symmetrical Triangle, Breakout Ahead?Gold shows a clear bearish trend within a well-defined downward channel. Price action continues to form lower highs and lower lows, reinforcing the ongoing downtrend. The recent rejection from $3,312 suggests that bulls are struggling to regain control, and the market remains pressured by selling momentum. The price is currently hovering near $3,287 just above horizontal support zone. 📉 Potential Scenarios - Bearish Continuation (Most Likely) - If price continues to stay below $3,300 and breaks below $3,281, it may aim for $3,261 and $3,249. - A close below $3,281 would confirm further bearish pressure and signal downside continuation toward the $3,240s range. - Short-Term Bullish Retracement - If price holds above $3,281 and breaks above $3,300–$3,312, a relief rally may occur at first resistance: $3,306 and second resistance: $3,312. - However, unless gold breaks above $3,332 (previous swing high), this would still be considered a bear market rally. - Range-bound Movement - A third scenario is sideways price action between $3,281 and $3,312, where neither bulls nor bears take control immediately. This would represent market indecision or awaiting external catalysts (e.g., economic data, Fed policy). 🔍 Trend Outlook - Short-Term Trend: Bearish - Medium-Term Trend: Bearish, unless price breaks and sustains above $3,312 - Long-Term Trend: Neutral-to-bullish, as long as price holds above the macro support zone near $3,240 1D Chart Long Term Possible Scenario The price is currently trading around $3,285, sitting just above the triangle’s ascending trendline support and within a key horizontal demand zone around $3,250–$3,300, which has held multiple times in the past. If bulls manage to push the price above $3,360–$3,400, it could confirm a breakout and open the door toward the next major resistance at $3,450. However, if price fails to hold above the current ascending trendline, a breakdown could retest the base support near $3,248 or even lower toward $3,150 Gold is currently in a neutral consolidation phase within a symmetrical triangle, with both bullish and bearish breakout scenarios possible. The breakout direction from this pattern—expected in the coming weeks, will likely set the tone for gold's medium-term trend. Note Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
OANDA:XAUUSDShort
by SibiSh
GLD – Why Gold Is a Clear Short to MePrice moved from the Lower Median Line (L-MLH) up to the Centerline, fulfilling the 80% rule. Then we had two Hagopians, which sent price right back to the Centerline. After the breakout above the Centerline, the next target was the Upper Median Line Parallel (U-MLH), which was reached rather quickly. Finally, price broke above the U-MLH and was pulled up toward the Warning Line (WL). Is this the end of the happy story? I think so—because Gold has now reached its 2nd standard deviation, and there’s probably no more gas left in the tank. The Trade: - A logical target is the U-MLH. - A secondary target is the Centerline. At the very least, if you're long, this might be a good time to take some profits—because no tree grows to the moon. For further details, I will follow-up with a Video explanation - See my Signature.
AMEX:GLDShort
by Tr8dingN3rd
Gold Faces Strong Rejection Below $3,365 – Bearish Wave Ahead?Gold is currently trading around $3,359, showing signs of exhaustion after climbing from the $3,248 low. The chart illustrates a textbook scenario of channel rejection after testing the upper boundary of the descending wedge and failing to break above the $3,365–$3,392 resistance zone. Price is now hovering just below the diagonal black trendline, indicating a potential lower high formation and setting up for another bearish wave. 📌 Key Technical Highlights Resistance Zone: $3,365–$3,392 This area marks the confluence of the black long-term trendline, the top of the descending purple channel, and the previous high at $3,392. Price attempted a "Possible Retest" as annotated on the chart and is now starting to pull back—showing signs of bearish rejection. Bearish Scenario (Blue Arrows): Multiple downward arrows show likely bearish paths if the current resistance holds. Key short-term targets: $3,337, $3,320, $3,303, Strong support at $3,293–$3,248 Further downside may test extension levels toward $3,220–$3,200 by early August if momentum builds. ⚠️ Bearish Confirmation Criteria Failure to close above $3,365 (black trendline) Breakdown below $3,337 followed by $3,320 Strong selling pressure supported by fundamentals (e.g. USD strength, Fed hawkish stance) ✅ Invalidation / Bullish Outlook A decisive breakout and close above $3,392.73 would invalidate the bearish structure. In that case, targets would shift toward: $3,412, $3,434, $3,490 (long-term trendline intersection) However, today's U.S. CPI (Consumer Price Index) release adds a layer of volatility and potential trend disruption, making this a high-risk trading day. 📊 CPI News Impact – What to Watch High CPI (Stronger than forecast): - Increases expectations of further Fed tightening → strengthens USD → bearish for gold - Likely scenario: sharp drop toward $3,337 → $3,320 → $3,293 Low CPI (Weaker than forecast): - Signals disinflation → weakens USD → bullish for gold - Possible breakout above $3,365 → retest of $3,392 → if broken, target $3,412 and $3,434 Neutral or as expected CPI: - Likely leads to whipsaw — fakeout on both sides - Caution advised — wait for candle close confirmations post-news Note Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
ICMARKETS:XAUUSDShort
by SibiSh
Technical Analysis - Gold Rejected at ResistanceGold is currently trading around $3,341 after facing a strong rejection from the $3,438 resistance area. This rejection coincided with the upper boundary of the trend channel and the main resistance zone, which also aligns with the Fibonacci 0.5–0.618 retracement levels. After the rejection, price fell below the descending trendline, indicating that short-term sellers have taken control. On the downside, the immediate support sits at $3,324, which has acted as a short-term bounce level. A break below this could push gold lower toward $3,281 and potentially $3,254, which are key Fibonacci extension support levels. On the upside, the immediate hurdle is at $3,355–$3,360 (descending trendline). A breakout above this area will be critical for any bullish recovery attempt toward $3,381–$3,394 and eventually $3,420–$3,438. At the moment, the short-term trend remains bearish because gold is trading below the descending resistance and showing lower highs. However, as long as gold holds above the $3,254 support zone, the medium-term structure remains neutral to bullish, giving bulls a chance if momentum shifts again. Last week candle is pin bar bearish candle which is showing bearish momentum at the moment. The candle shows rejection near $3,400–$3,450, aligning with the triangle’s upper resistance trendline. If gold cannot reclaim and hold above last week’s high, price may drift lower to retest support zones around $3,248–$3,150 before another breakout attempt. Note Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
OANDA:XAUUSDShort
by SibiSh
2
Gold Awaits Fed Rate Decision – Key Levels & Volatility AheadGold is currently trading near $3,332, showing a minor recovery after recent downward momentum. The price action on the 1-hour chart highlights a short-term ascending structure, which often acts as a corrective move rather than a strong bullish trend. The market previously saw significant selling pressure from above $3,355–$3,360, creating a short-term supply zone. Unless the price breaks and holds above this zone, the overall momentum remains bearish. The chart also shows a projected price path where gold could push slightly higher toward $3,355, meet resistance, and potentially reverse downward again. Key support lies at $3,320, and if this breaks, we could see gold testing $3,290–$3,280 levels, aligning with the black trend line support. However, if bulls manage to break above $3,360, it would signal potential upside continuation toward $3,380–$3,400. Key Points - Key Resistance Levels: $3,355 and $3,360 (critical supply zone). - Key Support Levels: $3,320 (short-term), followed by $3,290–$3,280 (major trendline support). - Expected Short-Term Move: Possible push toward $3,355 → rejection → decline back toward $3,320 and possibly $3,290. Bullish Breakout Scenario: A strong close above $3,360 could push price toward $3,380–$3,400. Overall Bias: Bearish while trading below $3,360. 4hr Chart Price remains under pressure below the descending trendline. A small pullback toward $3,345–$3,350 is possible, but as long as price stays under this resistance, the bias remains bearish with potential downside targets around $3,300–$3,280. Key Levels: - Resistance: $3,350 → $3,381 → $3,394 - Support: $3,324 → $3,281 → $3,254 Today’s FOMC interest rate decision is a key driver for Gold. Here’s the quick analysis: - If Fed Hikes Rates or Maintains Hawkish Tone: - Strong USD likely → Gold could face more selling pressure. - Key support zones: $3,324 – $3,300, then $3,281 and $3,254. - If Fed Pauses or Turns Dovish: - Dollar weakens → Gold may bounce toward resistance zones. - Upside levels: $3,355 – $3,360 and higher toward $3,381 – $3,394 (Fib levels). Expect high volatility; $3,300 is a critical support to watch. A dovish Fed may give Gold short-term relief, but a hawkish stance could accelerate the downtrend. Note Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
ICMARKETS:XAUUSDShort
by SibiSh
Gold Price Update – Bearish Flag Signals Possible Drop AheadGold is currently trading around $3,324, showing consolidation after a recent decline from the $3,345 region. The chart shows a bearish flag pattern forming after the sharp drop, indicating potential continuation of the downtrend. If gold fails to break above this region, sellers may push the price lower towards $3,301 and possibly $3,275. The descending trend line adds further bearish pressure, limiting upside momentum unless gold decisively breaks and holds above $3,345. Overall, gold remains under short-term bearish sentiment, with the focus on support retests. Any bullish momentum will only be confirmed if the price closes above the flag and trendline resistance. Key Points Resistance Zones: $3,328 (0.618 Fib), $3,345 (flag top). Support Zones: $3,301 (Fib base), $3,284, and $3,275 (bearish extension). Trend Outlook: Short-term bearish unless price breaks above $3,345 with volume. Bearish Targets: $3,301 → $3,284 → $3,275. Bullish Invalidations: Break and close above $3,345 may shift bias to bullish. Note Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
OANDA:XAUUSDShort
by SibiSh
Bearish Gold Outlook — Potential Flash Crash Imminent🔻 Technical Structure – Bearish Breakdown Brewing Lower highs and lower lows forming on the daily and 4H timeframes — classic downtrend mechanics. Price has rejected multiple times near $3,400–3,430, forming a strong resistance ceiling. Support at $3,280–3,300 has been tested too many times— and each bounce is weaker. When support holds with less conviction, it's often about to break. Volume spikes on red candles show smart money is exiting on down moves — signs of institutional distribution. The **tightening consolidation range** looks like a **descending triangle** — usually resolves downward. If $3,280 breaks, expect a **liquidity event**. Stops get swept, leading to a **sudden acceleration — possibly a flash crash** to $3,200 or lower. 🌍 **Fundamental Drivers – Macro Picture Is Turning Hostile for Gold** 1. Real Yields Are Climbing U.S. real yields are up as inflation fades and the Fed stays hawkish. Gold, being yieldless, suffers when investors can get positive returns from bonds. 2.The Dollar Is Gaining Strength DXY is pushing higher, fueled by strong U.S. data and weak peers (euro, yen). Gold priced in USD becomes more expensive globally — this suppresses demand. 3. **Rate Cuts Are Off the Table — or Delayed** Market is pricing fewer and later rate cuts from the Fed. This removes one of gold’s biggest bullish catalysts from earlier in the year. 4. Geopolitical Fear Is Cooling No major escalation in Ukraine, Middle East, or Taiwan. Without fear, gold loses its safe-haven premium. 5. Central Bank Buying May Have Peaked Recent data from WGC shows some slowing in central bank accumulation. If this institutional bid softens, gold could drop hard — few natural buyers remain above $3,300. ⚠️Conclusion: Gold Is Walking a Tightrope The chart is a staircase down. Macro fundamentals are no longer supportive. A clean breakdown below $3,280 could trigger a **chain reaction** of automated selling and margin calls — **a flash crash is on the table**. This isn’t just a correction — this feels like the calm before the storm.
VANTAGE:XAUUSDShort
by MrYounity
4
XAUUSD. MINOR UPWARDS CONSOLIDATION BEFORE THE NEXT MOVE.XAUUSD. MINOR UPWARDS CONSOLIDATION BEFORE THE NEXT MOVE. XAUUSD rebounded from local support level of 3,300.00 and attempted to develop some bullish momentum here yesterday. However, the price went into consolidation, showing us the weakness of this short-term bullish rebound. RSI shows the bearish divergence, the price is ready to drop. Of course, fundamentals of last couple of days don't favor this asset either. The decline towards support level of 3,300.00 is expected.
FOREXCOM:XAUUSDShort
by ProfessorSingapore
Banana republic fears, gold tests $3,400Traders now price in a 60% chance of a Fed rate cut in September, as political pressure on the central bank intensifies. Republican Rep. Anna Paulina Luna has officially accused Fed Chair Powell of perjury, while Treasury Secretary Scott Bessent has called for a full inquiry into the institution. Earlier this month, former Fed Chair Janet Yellen told The New Yorker that these actions “...are the ones one expects from the head of a banana republic that is about to start printing money to fund fiscal deficits.” Amid this backdrop, gold surged past $3,390 per ounce. The 1-hour XAU/USD chart shows strong bullish momentum supported by the Ichimoku cloud: price is well above the cloud with a clean breakout and lagging span confirmation. Immediate resistance sits at $3,400, with a potential extension toward $3,440–$3,450 if bullish pressure holds. Meanwhile, EUR/USD remains in an uptrend on the daily chart, bouncing from pitchfork support. A sustained move above 1.1700 could reopen the path toward 1.1800+.
BLACKBULL:XAUUSD
by BlackBull_Markets
XAUUSD ANALYSIS – JULY 18XAUUSD ANALYSIS – JULY 18: STRATEGY BASED ON FIBONACCI, TRENDLINE & STRUCTURE 1. XAUUSD Technical Overview (4H Chart) Gold (XAUUSD) is currently trading around 3,343 USD, showing signs of a slight rebound from key support. On the 4H timeframe, the price structure is forming higher lows, maintaining above a short-term rising trendline – a technically bullish signal. 2. Key Support & Resistance Zones Immediate Supports: 3,338 USD: aligning with the 0.618 Fibonacci retracement – a zone tested multiple times. 3,333 – 3,335 USD: strong support, overlapping with EMA and rising trendline. 3,327 USD: previous swing low – last defense for the bullish structure. Immediate Resistances: 3,345 – 3,346 USD: frequently rejected zone in recent sessions. 3,350 USD: psychological and technical resistance. 3,358 USD: recent swing high – breakout confirmation level. 3. Price Action & Fibonacci Confluence Price is currently hovering between Fibo 0.5 (3,343 USD) and Fibo 0.618 (3,338 USD) – a potential bounce zone if bullish momentum holds. The pullback from 3,358 to 3,286 has respected standard Fibonacci retracement levels, confirming technical price behavior. 4. Trendline Analysis The ascending trendline from the 3,275 USD low remains intact, providing solid dynamic support. If the price continues to bounce from this trendline, it may form a bullish continuation pattern (flag/pennant). 5. Suggested Trading Strategies Long Entry: 3,338 – 3,340 USD SL: 3,327 USD TP: 3,345 – 3,350 – 3,358 USD Note: Buying the dip near Fib & trendline Short Entry: Below 3,327 USD (breakdown) SL: Above 3,340 USD TP: 3,310 – 3,298 USD Notes: Only if price breaks trendline & support 6. Supporting Technical Indicators EMA20/EMA50 show slight upward momentum – early bullish bias. RSI (14) hovers near 50 – neutral zone, awaiting breakout confirmation. Conclusion: Gold is consolidating around a critical support zone. The short-term bias leans bullish if the 3,338 – 3,333 USD region holds and price breaks above 3,346 – 3,350 USD. This is a key moment to position early using Fibonacci and trendline confluence. 👉 Follow for more strategies in upcoming sessions. Save this if you find it useful! Do you have a different view? Share your thoughts in the comments below!
FX:XAUUSD
by Henrybillion
5
Gold Approaches New Resistance – Potential Short-Term Pullback📊 Market Update Gold is currently trading around $3,368–$3,370/oz, up approximately 0.5% today, supported by a weaker USD and slightly declining US Treasury yields. This comes amid global trade concerns and expectations that the Fed may adjust policy in upcoming meetings. 📉 Technical Analysis •Key Resistance: $3,375–$3,380 (pivot R2: $3,374.9, R3: $3,389.6) •Nearest Support: $3,360 (S1: $3,335.8) •EMA: Price is trading above the EMA9 / EMA20 / EMA50 / EMA200, confirming a strong uptrend •Candlestick / Volume / Momentum: o MACD & ADX still confirm strong bullish momentum o Price consolidating in a rectangle range of $3,352–$3,366 → watch for breakout or rejection at resistance 📌 Outlook Gold may pull back slightly if it fails to break through the $3,375–$3,380 resistance area and RSI continues hovering near overbought levels. 💡 Suggested Trade Strategy 🔻 SELL XAU/USD at: $3,375–$3,380 🎯 TP: 40/80/200 pips ❌ SL: $3,385 🔺 BUY XAU/USD at: $3,345–$3,348 🎯 TP: 40/80/200 pips ❌ SL: $3,339
OANDA:XAUUSDShort
by Mian-FXSignals
XAUUSD falling back to supportBearish Gold Analysis: Liquidity Sweep & Support Retest The current price action in gold (XAU/USD) suggests a **bearish pullback** toward a key support level, likely driven by a **liquidity sweep** beneath recent lows before a potential reversal or continuation. Here’s why: #### **1. Liquidity Sweep Beneath Support** - The price has declined sharply, breaking below minor support levels (e.g., **3,350.30**) and sweeping the **3,342.71–3,347.82** zone. - This move likely targeted **stop losses** beneath recent swing lows, a common market-maker strategy to collect liquidity before reversing or extending the trend. #### **2. Bearish Momentum Confirmation** - The **+0.34%** uptick appears weak compared to the preceding sell-off, indicating a possible **retest of resistance-turned-support**. - The **4h exposure** suggests a short-term downtrend, with price rejecting higher levels and failing to hold above **3,350.49 (BUY zone)**. #### **3. Support Level Retest** - The next major support sits near **3,342.71–3,340.00**. A break below could trigger further downside toward **3,330.00**. - If support holds, expect a **bullish reversal** as trapped sellers cover shorts, but failure here confirms bearish continuation. #### **Key Takeaway** Gold is **bearish short-term**, with price likely retesting support after sweeping liquidity. Watch for: - **Break below 3,342.71** → Bearish continuation. - **Rejection & bounce** → Potential reversal. Traders should monitor order flow around these levels for confirmation.
VANTAGE:XAUUSDShort
by MrYounity
Gold Rejected Post-CPI – Bearish Momentum Building Below $3,365Gold is currently trading near $3,338, continuing to show signs of rejection after testing the key $3,365–$3,392 resistance zone. The market has reacted to the July 15 U.S. CPI release, and despite initial volatility, gold failed to break above its major diagonal trendline, forming a lower high, a strong technical sign of weakening bullish momentum. If price breaks below $3,330, it could trigger a wave of selling pressure down to $3,303 and $3,248 in the coming days. Traders should monitor price behavior around these zones for short-term entry opportunities. 📌 Technical Breakdown Resistance Zone: - $3,365–$3,392 remains the critical ceiling where gold got rejected for the third time in recent sessions. - This zone aligns with the top of the descending wedge, long-term black trendline. Bearish Structure Forming: - After multiple attempts, gold could not sustain above the resistance. - A series of lower highs and a weakening bullish push suggest a bearish continuation is likely. Support Levels to Watch: - Immediate: $3,337 - Mid: $3,320 - Strong: $3,303 (0.382 Fib) and $3,293 - Final Target: $3,248 → $3,220 → $3,193 🔺 Bullish Invalidation Scenario If gold manages a clean breakout and close above $3,392, this bearish setup will be invalidated. In that case, upside targets would include: - $3,412 - $3,434 - $3,490 (macro trendline) But at the moment, that seems unlikely unless driven by unexpected fundamentals. Note Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
OANDA:XAUUSDShort
by SibiSh
Gold Rejects Resistance Again – Gold Rejects Resistance Again ?Gold is currently trading near $3,335, showing signs of exhaustion after a failed breakout above the recent consolidation range. The market attempted to push higher but lacked strong momentum, leading to a pullback and possible shift in bias. The price is forming lower highs, indicating bearish pressure building up on the 4H timeframe. Gold is showing weakness after a second breakout followed by a possible retest failure. The market structure indicates a bearish bias 🔍 Market Structure Overview: - Two Breakouts: Price attempted two bullish breakouts recently. The first breakout gained some traction, while the second failed to hold above resistance. - Failed Retest: Price has now returned back near the previous breakout zone (~$3,332), signaling a potential bearish reversal pattern. - The chart structure suggests a distribution phase, with price struggling to hold gains, and sellers slowly gaining control. 🧭 Key Support and Resistance Levels: ✅ Resistance Zones: - $3,337.54 – Immediate resistance (recent rejection zone) - $3,348.03 – Strong resistance if price pushes above $3,337 - $3,412.76 – Major resistance from previous swing high - $3,490.40 – Long-term psychological resistance 🔻 Support Zones: - $3,318.94 – Immediate support (just below current price) - $3,303.46 – Key fib retracement (0.382 level) - $3,248.28 – Strong horizontal support (major zone) - $3,193.11 – Fibonacci extension level (-0.382) - $3,159.02 – Next support zone (Fibo -0.618 level) 🟠 Current Bias: Bearish to Neutral – as long as price remains below $3,337. If price breaks and holds above $3,337 with volume, short-term bullish reversal is possible. Yeterday there was a fake news and gold was pumped but after clarification it was dumped. It means buyers are not much interested till fed next meeting and the high price of the gold. Sellers will short the gold on every rise while buyers will wait for low price of the gold for long term trade. Note Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
ICMARKETS:XAUUSDShort
by SibiSh
Gold Trading Idea: Short Opportunity on 15-Min Descending ChanneHello TradingView Community, Following up on my Gold analysis from Monday, the price action has respected the levels I outlined (check my previous posts for the breakdown), delivering solid trade opportunities except yesterday's news-driven volatility. Today, we're eyeing a short setup on Gold based on the 15-minute timeframe. Technical Analysis: Gold is moving within a descending channel on the 15-min chart. I've identified equal highs and a small FVG (Fair Value Gap) aligning with the 61.8% Fibonacci retracement of the channel's range. This confluence zone is where I expect the price to react, potentially clearing liquidity above the channel before reversing. Trade Plan: Entry: Wait for the price to reach the confluence zone (equal highs + 61.8% Fib + FVG) and show a clear reaction (e.g., rejection or reversal pattern) before entering a short position. Take Profit: Targeting 3310 level. Risk Management: If the price fails to reach the zone and breaks lower, I'll stay out to avoid chasing trades. Patience is key here. Stay disciplined, traders! Let the price come to our zone, and always manage your risk. Follow for more setups, like this post if you found it helpful, and drop your thoughts in the comments below! Let’s discuss! #Gold #XAUUSD #ShortSetup #TechnicalAnalysis
FOREXCOM:XAUUSDShort
by Mr_Masab
Gold May Temporarily Correct Under Resistance Pressure📊 Market Overview: • Gold reached resistance around $3,365–$3,370/oz before showing signs of cooling due to mild profit-taking. • Ongoing trade tensions and geopolitical risks — such as President Trump’s tariff plan — continue to support safe-haven demand, driving gold close to a three-week high. • Strong central bank purchases reinforce the long-term bullish outlook. 📉 Technical Analysis: • Key Resistance: $3,365–$3,370 • Nearest Support: $3,300–$3,320 • EMA 09: Price is currently below the EMA 09, suggesting a potential short-term pullback. (Price is still above the EMA50, supporting the recent uptrend.) • Candlestick patterns / Volume / Momentum: o RSI near 57 – neutral but slightly declining. o MACD and ADX remain bullish, indicating underlying strength but with possible short-term consolidation ahead. 📌 Outlook: Gold may experience a short-term pullback if it fails to break through the $3,365–$3,370 zone and geopolitical tensions ease. However, the medium-to-long-term trend remains bullish, especially as central banks continue to accumulate gold and global risks persist. 💡 Suggested Trading Strategy: SELL XAU/USD: $3,363–$3,366 🎯 Take Profit: 40/80/200 pips ❌ Stop Loss: $3,369 BUY XAU/USD : $3,317–$3,320 🎯 Take Profit: 40/80/200 pips ❌ Stop Loss: $3,214
OANDA:XAUUSDShort
by Mian-FXSignals
Xauusd Up Gold stabilizes near $2,030, eyes on FOMC Minutes Gold clings to marginal daily gains at around $2,030 on Wednesday after closing the first two days of the week in positive territory. The benchmark 10-year US Treasury bond yield edges lower ahead of FOMC Minutes, helping XAU/USD hold its ground. From a technical perspective, sustained strength and acceptance above the 50-day SMA will set the stage for an extension of the recent recovery from the $1,984 region, or a two-month low touched last week. Given that oscillators on the daily chart have been gaining positive traction, the Gold price might then accelerate the positive move towards an intermediate hurdle near the $2,044-2,045 region en route to the $2,065 supply zone. Gold now 2028 Target 2032 Target 2036 Target 2050 Target 2059 SL 2015 FOMC signal confirm
OANDA:XAUUSDShort
by JohnHarry66
XAUUSD 4H SMC Analysis – Sell Opportunity Near Supply Zone Price is currently tapping into a 4H supply zone around 3353–3360, a strong area of previous sell-off and imbalance. We're expecting a potential reaction and rejection from this area, aligning with the following SMC confluences: 🔻 SMC Confluences: Price swept short-term liquidity above previous highs (liquidity grab). Price now tapping into a mitigation zone within premium pricing. Bearish order block aligned around 3360. FVG (Fair Value Gap) filled between 3345–3360. Fibonacci 0.5–0.618 zone respected. 🎯 Sell Setup: Entry: 3355–3360 (Confirmed reaction) SL: Above 3373 zone (liquidity sweep buffer) TP1: 3343 (short-term structure) TP2: 3309 (previous support) TP3: 3288 (strong 4H demand) 📌 Watch for M15–H1 bearish CHoCH (Change of Character) or BOS (Break of Structure) as confirmation before entry.
FX:XAUUSDShort
by FrankFx14