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Exploded, gold fell as expected 💡Message Strategy The minutes of the Federal Reserve meeting showed that the risk of rising unemployment and inflation has increased, and the interest rate cut is expected to cool down again. In addition, Trump claimed that the US-Iran nuclear agreement may be reached "in the next few weeks" and warned Israel not to attack Iran for the time being. Hamas claimed that it had reached an agreement with the US Middle East envoy on the outline of the Gaza ceasefire. The risk aversion sentiment cooled down, causing gold to open directly down in the morning. 📊Technical aspects The 1-hour level shows that the short-term gold price expanded its rebound and once formed a trend of stepping back on the hourly 60-day moving average. The current gold price fell again and continued to intensify the overall hourly moving average, which was arranged in a relatively regular downward divergence, maintaining a short-term bearish guidance reference. The current hourly RSI is oversold. The 4-hour level shows that the current gold price has fallen sharply, forming a downward breakthrough trend of the four-hour 60-day moving average, gradually forming a bearish performance of the four-hour indicator, and the four-hour RSI is oversold. There is a strong demand for gold prices to fall in the short term. 💰 Strategy Package Short Position：3250-3260
TVC:GOLDShort
by TheodoreSilas
1
GOLD → False breakdown and support from the falling DXYFX:XAUUSD , as part of a correction, confirms the upward trend line and returns to the consolidation (range), making a false breakdown of support amid the dollar's correction... The US dollar remains stable thanks to the Fed's hawkish minutes and the court's decision to block Trump's tariffs. Investors are waiting for Friday's inflation data (PCE), which could weaken the dollar and give gold a chance to rebound. Additional influence will come from US GDP data, jobless claims, and geopolitical news. On D1, gold is rebounding from strong support and heading towards resistance at the rising trend line. If economic risks remain high, gold could continue its rally despite conflicting bearish patterns... Resistance levels: 3300, 3310, 3325 Support levels: 3290, 3285, 3265 Gold is forming a false breakdown of support at 3265 as part of a correction and confirming the lower boundary of the upward channel. Consolidation above 3280 will confirm that bulls are holding the market amid high economic risks. Gold may test 3300-3310 and form a correction before continuing its growth towards 3325. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
13
Gold's rebound is weak and the bearish trend is dominant.The 1-hour gold chart shows that the Bollinger Bands open downward, and the gold price is running near the lower track, with a weak short-term trend. If it fails to rebound effectively and break through the 3290 line, the support below will focus on the 3240-3230 area. Overall, the gold price fluctuates downward, the moving average system is in a short position, and the downward pressure is further revealed. It is currently recommended to continue to maintain a high-altitude thinking and focus on short-selling opportunities after the rebound. In the short-term operation of gold during the day, rebound short-selling is the main focus. Pay attention to the pressure level of the 3290-3280 area above, and the support level of the 3240-3230 area below. In terms of operation strategy, it is recommended to arrange short orders when the gold price rebounds to the 3280-3290 range. This is a key pressure area, and it is necessary to pay attention to the market reaction in this range.
OANDA:XAUUSDShort
by TP_Daniel5
The golden range strategy continues to workGold bottomed out and rebounded as expected today. Friends who follow me should be able to clearly feel that I have been insisting on analyzing the trend of "bottoming out and rebounding" recently. Today, gold opened at 3300, and rebounded after the lowest price fell to around 3291. So far, the highest price has reached 3325. Overall, the support below gold is still strong, but the suppression above cannot be ignored. Therefore, the market performance yesterday and today was relatively stable, with small fluctuations as the main trend. In terms of operation ideas, continue to pay attention to the support level of 3290-3295. If it falls back and does not break, maintain a bullish mindset. At present, the long orders in the 3290-3295 range have been notified to enter the market as planned, and are currently in the profit stage. If you encounter difficulties in the current gold market operation, I hope my analysis can help you. Welcome to communicate at any time. From the 4-hour cycle chart, the support below gold is around 3290-3295, and the pressure above is concentrated in the 3330-3340 range. In the short term, the watershed between long and short is around 3275-3283. Before the daily level effectively falls below the watershed, it is still in a long-short shock pattern, maintaining the main theme of "high-altitude and low-multiple" cycle participation. Gold operation strategy: If gold falls back to the 3290-3295 line, you can try to go long. If it further falls back to the 3280-3285 line, you can consider covering long orders, and the target is around 3316-3320.
OANDA:XAUUSDLong
by TP_Daniel5
5/29 Gold Analysis and Trading SignalsGood morning everyone! Yesterday, gold rose first and then declined. Our long positions targeting 3318–3326 were completed successfully, and we timely shifted to short positions, resulting in another round of solid profits. 📉 Technical Outlook: Gold remains in a bearish trend, and is now very close to the 3275 support level. Based on the current price structure, a break below this level is highly probable. If $3275 is breached, focus on key support at 3258–3238 Resistance levels to watch: 3298–3318 The daily (1D) chart is currently in an indicator correction phase, so today's trading bias is selling from higher levels 🗞 News Focus: Watch for U.S. initial jobless claims data today. It may offer short-term support for gold, but is unlikely to reverse the broader bearish trend. 📈 Today’s Trade Plan: 📉 Sell in the 3316–3328 zone (resistance zone) 📈 Buy in the 3245–3232 zone (key support area) 🔁 Scalp/flexible trading levels: 3303 / 3288 / 3276 / 3258 / 3247 Stay adaptive and combine news with price action at key levels for best results. Wishing everyone a successful and profitable trading day!
FOREXCOM:XAUUSDShort
by China_MsWang
DOGEUSDT → Long squeeze before growth?BINANCE:DOGEUSDT.P is consolidating. A range with clear boundaries has formed. Before a possible breakout, a liquidation (false breakdown) may form On D1, the structure is quite positive. Earlier, the price tested the downward resistance, but there was no reaction (fall) as such. Instead, the price is consolidating within the range of 0.211 (0.205) - 0.23 - 0.253. Bitcoin, like the entire crypto market, is consolidating within fairly clear boundaries. Based on the current situation, it would be logical to wait for one part of the market to be liquidated before the price can move in either direction. Based on the bullish market, there may be a retest of support in the form of a false break... Resistance levels: 0.2308, 0.253 Support levels: 0.213, 0.2116, 0.205 DOGE is consolidating with a focus on the 0.23–0.211 range. Against the backdrop of a bullish trend, a liquidation (long squeeze) relative to the lower boundary of the 0.23–0.205 range is possible before growth continues. A false break of support and liquidity capture would be useful maneuvers before implementation. However, if the market is aggressive enough and resistance at 0.23 is broken with subsequent consolidation above this level, it could trigger premature growth. Best regards, R. Linda!
Long
by RLinda
3
EUR/GBP Breakdown in Play: Time to Target the Next Support Below🔍 Technical Analysis Summary: EUR/GBP (Daily) The pair is in a clear downtrend, with two descending blue trendlines confirming strong bearish pressure. After breaking below key support (now turned resistance), the price is forming lower highs and lower lows, a classic bearish continuation pattern. Currently, price is testing the trendline zone after a steep rejection, indicating renewed selling interest at resistance. Price failed to break above recent structure, validating the short setup further. 📉 Bearish Confluences 1. Descending Trendline The price respects a multi-month downward trendline, rejecting it multiple times — confirming institutional selling interest. 2. Failed Retest of Structure (0.8465) This level acted as prior support and has flipped into strong resistance. Price was rejected upon retesting, validating bearish continuation. 3. Momentum Shift Candlestick structure and shrinking bullish bodies near resistance show fading bullish momentum — favoring sellers. 4. Lower Highs and Lower Lows The chart clearly prints lower highs, indicating continuous bearish structure since early April. ✅ Trade Setup: Short Position • Entry Point 🟡 Current market price around 0.83710–0.83740 after rejection from resistance • Stop Loss (SL) 🔴 Above recent resistance and trendline at 0.84650 • Take Profit 1 (TP1) 🟢 Near recent support zone at 0.83234 • Take Profit 2 (TP2): 🟢 Near major trendline confluence / stronger support at 0.82218 📌 Final Thoughts This EUR/GBP short setup is technically sound: • It aligns with the overall trend • Resistance has been confirmed with rejection wicks and weak bullish candles • Bearish structure and trendline resistance remain intact 💡 Unless EUR/GBP breaks above 0.84650, the bias remains bearish, and this setup favors a continuation toward lower supports.
Short
by SupertradeOfficial
USDJPY - Will the dollar weakness stop?!The USDJPY currency pair is above the EMA200 and EMA50 on the 4-hour timeframe and is moving in its ascending channel. In case of correction due to the release of today's economic data, we can see a downward trend and then see the demand zone and buy in that range with an appropriate risk-reward ratio. A credible break of the indicated resistance range will pave the way for the currency pair to rise. Japanese Prime Minister Shigeru Ishiba emphasized that investment is more crucial to economic growth than tariffs, reaffirming Japan’s continued commitment to negotiating the removal of U.S. trade tariffs. He also pointed to encouraging signs in the Japanese economy following wage increases and offered an optimistic outlook on the country’s recovery. Meanwhile, Bank of Japan Governor Kazuo Ueda, speaking on Wednesday, warned that significant volatility in ultra-long-term bond yields could affect short-term borrowing costs, which in turn might exert a stronger impact on the broader economy. His remarks highlight the BOJ’s growing focus on recent fluctuations in long-dated bond yields, which could influence the board’s decision next month regarding the pace of its bond purchase reduction. Ueda explained that in Japan, short- and medium-term interest rates tend to have more direct influence on the economy than ultra-long yields, due to the maturity structure of household and corporate debt. However, he acknowledged in a parliamentary session that sharp moves in ultra-long yields can also affect long- and even short-term bond yields indirectly. Turning to Friday’s inflation report, expectations suggest that overall inflation remained subdued in April, as falling gasoline prices provided some relief to household budgets. However, core inflation—excluding food and energy—remains stubbornly high. The PCE inflation index is anticipated to have risen 2.2% in April from a year earlier, slightly down from 2.3% in March, marking the lowest level since last September. Federal Reserve officials are still awaiting more data on how newly imposed tariffs are feeding into the broader economy, making it unlikely that the recent moderation in inflation will prompt a rate cut in the near term. Although the Fed’s preferred inflation measure may have reached its lowest point since September, a second consecutive month of encouraging price data is unlikely to be sufficient to justify easing interest rates. According to a survey conducted by Dow Jones Newswires and The Wall Street Journal, economists expect Friday’s report—covering inflation, income, and spending—from the Bureau of Economic Analysis to show that consumer prices rose 2.2% year-over-year through April. This would mark the lowest reading since September and a potential turning point in the Fed’s battle against post-pandemic inflation. Goldman Sachs economists noted that falling gasoline prices have more than offset the inflationary impact of new tariffs introduced by the Trump administration. However, they cautioned that this dynamic may not last, as retailers are likely to start passing along the added import tax costs to consumers in the coming months. Several Federal Reserve officials, concerned that tariffs could reignite inflation, have stated that they will wait to assess the full impact of these trade policies on the economy before making changes to the federal funds rate—which directly affects borrowing costs on everything from mortgages and auto loans to credit cards.
Long
by Ali_PSND
US500 - Will the stock market reach ATH?!The index is above the EMA200 and EMA50 on the four-hour timeframe and is trading in its ascending channel. I expect the index to continue moving, and on the other hand, if the index declines towards a certain zone, you can also look for the next S&P long positions with a risk-reward ratio. Yesterday, a U.S. federal court halted the implementation of President Trump’s “Freedom Day” tariffs. The U.S. Court of International Trade ruled that these tariffs exceeded the legal authority granted to the president and unanimously decided to revoke them. Nonetheless, Trump still retains the right to appeal the ruling. Following the court’s decision, President Trump promptly filed an appeal. In response, the White House issued a statement asserting, “The decision on how to handle a national emergency should not fall into the hands of unelected judges.” Meanwhile, the market reacted strongly to Nvidia’s latest financial report. The company’s stock surged by as much as 5.8% in after-hours trading, before settling at a 4.8% gain compared to the previous day. This bullish movement reflects investors’ confidence in Nvidia’s continued strong performance. Nvidia is actively expanding into new markets, including the Middle East—an indication that the company is poised for sustained growth even if its presence in China is constrained. The rally in Nvidia’s stock didn’t just lift semiconductor companies; broader markets followed suit. The S&P 500 index climbed to 6,005.75 points, representing a 1.7% increase from the prior session. According to the company’s announcement, Nvidia posted $44.1 billion in revenue for the first quarter of fiscal year 2026, marking a 69% increase year-over-year and slightly surpassing analysts’ expectations. Revenue from data center operations rose 73% to reach $39.1 billion. CEO Jensen Huang stated: “Our Blackwell NVL72 AI supercomputer—designed for reasoning and acting as a ‘thinking machine’—is now being mass-produced by system builders and cloud service providers.” He added, “There is enormous global demand for Nvidia’s AI infrastructure. Over the past year alone, AI inference token generation has grown tenfold. As AI agents become mainstream, the demand for AI compute will continue to surge.” A Reuters poll now projects that the S&P 500 will reach 5,900 by the end of 2025—down from the 6,500 level forecast in February. Similarly, the Dow Jones index is expected to close 2025 at 43,708, compared to the previous projection of 47,024 from the February survey. Separately, the Federal Deposit Insurance Corporation (FDIC) reported that the increase in U.S. bank profits was largely driven by growth in noninterest income. Bank earnings in the first quarter of 2025 rose by 5.8%, reaching $70.6 billion. While overall asset quality remains favorable, the commercial real estate loan portfolios continue to show signs of weakness. The number of “problem banks” declined by three, bringing the total down to 63. The banking industry also reported a slowdown in lending growth; the annual loan growth rate for the first quarter was just 3%, down from the pre-pandemic average of 4.9%.
CAPITALCOM:US500Long
by Ali_PSND
Trading Signals for EUR/USD Sell below 1.12907 (200 EMA-21 SMA)Early in the American session, the euro is trading around 1.12640 within the uptrend channel formed on the H4 chart since May 9 and showing signs of exhaustion. If the euro continues its bullish cycle, we could expect a break and consolidation above 1.1354, then it could reach the 7/8 Murray level at 1.1475. Technically, we observe that the euro is overbought, and the chart shows a small secondary downtrend channel, which will be viewed as a selling opportunity in the coming days. The euro could attempt to recover in the coming hours as we see a small technical rebound. However, it faces strong resistance around 1.1354. Below this area, any technical rebound will be viewed as a selling opportunity, with short-term targets around the psychological level of 1.1000. A sharp break of the uptrend channel and consolidation below the 6/8 Murray level could confirm the next bearish move and could fill the gap left at 1.1162 and even reach the 5/8 Murray level at 1.0986.
by CEO-PREMIUM-ANALYSIS
3
Skeptic | Gold (XAU/USD): Breakout Triggers Set to Pop?Hey everyone, Skeptic here! Let’s fire up this Thursday morning with a fresh Gold (XAU/USD) analysis! 😊 We’re diving into the Daily Timeframe to spot the trend, then zooming into the 4-Hour Timeframe for juicy long and short triggers. Stay with me—let’s get to it! 📊 Daily Timeframe: The Big Picture Gold’s been on a tear, climbing to a high of 3416.19 (it went higher, but I’m using the candle close for faster triggers when we hit those levels :)). Now, we’re in a correction phase, forming a downward channel . This correction has been solid, dropping to the 0.5% Fibonacci retracement. What’s cool about this channel is how cleanly it’s reacting to the ceiling, floor, and midline, making it super valid for us. A break of either the ceiling or floor could give us some killer triggers. But since we’re in a correction, it’s smart to dial back risk on all positions. Lowering risk can mean taking profits quicker, shrinking position sizes, tighter stop losses, or a mix of these to keep your account safe. 4-Hour Timeframe: Long & Short Setups Now, let’s get to the 4-hour chart for our long and short triggers. 📈 For longs, we’ve got two setups. The first is a bit risky since we haven’t confirmed the downward channel breakout yet—it’s a preemptive move. You can go long after breaking the resistance at 3366.71 . Our main long trigger, though, is a break above 3416.19 , which also cracks the channel’s ceiling and sets us up for new all-time highs. If you catch this one, don’t rush to take profits too fast—let it run! 📉 For shorts, a break below support at 3249.68 opens the door, with RSI hitting oversold as a solid confirmation. But since this goes against the major uptrend, it’s risky—take profits early and keep position sizes small to stay safe. :) 💬 Let’s Talk! If this analysis sparked some ideas, give it a quick boost—it means a lot! 😊 Got a pair or setup you want me to dive into next? Drop it in the comments, and I’ll tackle it. Thanks for joining me—see you in the next one. Keep trading smart! ✌️
FXOPEN:XAUUSD
by SkepticWise
1
Gold shocks extreme pull, US market layout🗞News side: 1. Musk issued the "strongest" condemnation of Trump 2. Trump and Netanyahu failed to reach an agreement, and the US-Iran negotiations may be "disrupted" by Israel 📈Technical aspects: The trading strategy we have given is still valid. The current gold price trend on the hourly chart shows a standard descending flag pattern. If this pattern continues to be effective, there is a high possibility that the gold price will fall below 3285-3280. Once it falls below this range, as we gave in the strategy this morning, it may fall to the 3260-3250 line. However, the premise for this expectation to be established is that the gold price cannot break through and stabilize on the upper track of the consolidation channel, otherwise the descending flag pattern will be invalid. Therefore, for US market operations, short positions can be arranged around the upper rail of 3325, paying attention to the suppression effect; for the lower rail, first pay attention to the support effect of 3300. sell 3325-3330 TP 3310-3300 buy 3290-3280 TP 3310-3320 If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD FX:XAUUSD OANDA:XAUUSD
OANDA:XAUUSDShort
by AllenBoswell
Skeptic | SPX 500 Update: Bullish Breakout Brewing?Hey everyone, Skeptic here! It’s been a while since we’ve checked in on the SPX 500 , but the market’s now flashing a killer long opportunity with a high R/R—don’t miss this one! 😊 Stay with me to the end for the full breakdown. Let’s dive into the Daily Timeframe to set the stage. 📊 Daily Timeframe: The Big Picture The SPX 500 pulled off a deep correction , dropping from a high of 6154.64 to lows around 4810.39 with some wild shadows that caught everyone off guard. But now, it’s firing up with fresh momentum, carving out higher highs and higher lows that scream bullish strength. The corrections in this new uptrend are super shallow and flow with the trend—exactly what we want to see! After hitting resistance at 5961.82 , we’ve had a slight pullback, but it looks like this correction is wrapping up, and we’re on the verge of the next big uptrend leg. Let’s zoom into the 4-Hour Timeframe to hunt for long and short triggers. 4-Hour Timeframe: Long & Short Setups On the 4-hour chart, the correction shaped up as a descending trendline . We broke it, pulled back, and now we’re primed to crack 5895.39. A breakout above this level is our main long trigger. To get more precise, let’s check the 1-Hour Timeframe. For the long setup , a clean break above 5896.34 gets us in the game. This move also busts through P.P. Level 1, giving us solid confirmation, and we could ride the wave up to P.P. Levels 3 or 4, targeting 5930.83 to 5956.97 . Those are prime spots to lock in some profits, but don’t close the whole position—since we’re trading with the trend, we can hold for more upside. For shorts, I’ve got nothing. Going against this bullish momentum would be pure madness! I’d wait for a sharp drop below support at 5849.67 before even considering short triggers, but right now, there’s zilch. 💬 Let’s Talk! If this update sparked some ideas, give it a quick boost—it means a lot! 😊 Got a pair or setup you want me to tackle next? Drop it in the comments. Thanks for hanging out— let’s grow together and remember: Weathermen forecast. We trade! :))) ✌️
SPREADEX:SPXLong
by SkepticWise
1
GBPUSD InsightHello to all our subscribers. Please feel free to share your personal opinions in the comments. Don’t forget to like and subscribe! Key Points - NVIDIA’s Q1 earnings exceeded expectations. Despite export restrictions to China under the Trump administration, NVIDIA performed strongly, boosting risk appetite in the markets. - The May FOMC meeting minutes confirmed that Fed officials will maintain a wait-and-see approach in conducting future monetary policy. - A U.S. federal court ruled that the Trump administration’s “reciprocal tariffs” are invalid, stating, “The tariff order is nullified and permanently prohibited,” and ordered a cancellation of all tariffs collected thus far. This Week’s Key Economic Events + May 29: U.S. Q1 GDP + May 30: U.S. April Personal Consumption Expenditures (PCE) Price Index GBPUSD Chart Analysis As anticipated, a peak formed around the 1.35500 level, followed by a downward trend. A mid- to short-term downtrend is likely from the current range, with the next potential low expected near the 1.32000 level. However, if the price unexpectedly breaks above the 1.36000 level, the high could extend toward the 1.40000 level, indicating a shift toward a bullish trend.
Short
by shawntime_academy
Crude oil rebounds after encountering 60 support 📊Technical aspects Due to concerns that global supply growth may exceed demand growth, WTI prices fell slightly and rebounded slightly after hitting the 60 mark. From the daily chart level, the medium-term trend moving average system suppresses the rebound of oil prices, and the medium-term objective trend direction is downward. After the oil price hit the low of 55.20, the frequent alternation of long and short formed, and the embryonic form of the falling flag relay appeared from the shape. Pay attention to the strength of the oil price testing the upper edge of the flag. It is expected that after the medium-term trend fluctuates, it will still rise to the 64 position. The short-term (1H) trend of crude oil fell and touched the key support of 60, then rose slightly. The moving average system turned to divergent upward arrangement, and the short-term objective trend direction was upward. The MACD indicator fast and slow lines crossed the zero axis, and the bullish momentum was sufficient. It is expected that the trend of crude oil will continue to rise during the day, and the probability of breaking through the 63 resistance and moving upward is relatively high. 💰 Strategy Package Long Position: 60.5-61.5
TVC:USOILLong
by TheodoreSilas
1
Gold price shorts stabilize, continuing to fall 💡Message Strategy Gold prices fell into a weak consolidation pattern as the U.S. dollar continued to rebound and market risk appetite increased, suppressing safe-haven demand. Although it rebounded slightly, it failed to stand firm at $3,300, indicating that the upper resistance is still strong. From a fundamental perspective, the recently released US durable goods orders and consumer confidence index performed better than expected, providing support for the US dollar. Specific data showed that US durable goods orders fell 6.3% in April, better than the expected -7.9%, although far lower than the revised value of 7.6% last month; core orders (excluding transportation) recorded an increase of 0.2%. In addition, the US consumer confidence index rebounded sharply to 98 in May, the largest monthly increase in nearly four years, reflecting the improvement of economic and employment prospects. Trump's postponement of the 50% tariff on the European Union until July 9 has strengthened risk appetite in the short term and weakened the safe-haven demand for gold. However, there are still major uncertainties in trade policy, coupled with the continued deterioration of the US fiscal situation and continued geopolitical risks, which provide some support for gold prices. In addition, the market generally expects the Federal Reserve to cut interest rates twice in 2025, and this prospect is gradually being factored into gold prices. In particular, if the "Beauty Act" is passed, it will aggravate the fiscal deficit, which may put medium-term pressure on the US dollar and provide long-term support for non-yielding gold. 📊Technical aspects On the technical level, gold prices fell below the short-term rising trend line on Tuesday and then fell further. It is currently testing the $3,300 level where the 200-period moving average of the 4-hour chart is located. Once the moving average is clearly broken and a valid close is formed, the short-term downward trend may be confirmed. The initial support level below is in the $3,250-3,245 area. This range has formed a consolidation platform in the past few trading days. Once it falls below or triggers more stop-loss selling, the target will point to the $3,200 integer mark. Therefore, for the next gold, the best way is to suppress the decline at 3320, break through 3285 (expand the range to find 3275), and successfully break through the downward switching space range of about 30-40 US dollars. If the price breaks through 3320, it will be treated as a sweep, waiting for the upper side to determine the higher resistance of 3330-3325, and then look down to 3285 (expand the range to find 3275), breaking through the switching space 💰 Strategy Package Short Position：3320-3330,3340-3350
TVC:GOLDShort
by TheodoreSilas
1
With Bullish bias into new Week - 2025/05/26Last week, I published my idea for a whole week with daily updates for the first time. You can read about it here: 🎯 The target of $3348 was reached on Friday due to the announcement of new tariffs against the European Union. 💡 Here is my idea for the week from May 26-30, 2025. First things first, the Friday session last week ended with bullish momentum. Even though the gold price consolidated more at the $3366 mark, it was obviously to allow time to pass and calm down stressed values like EMA or MACD. This is a very good sign for the start of the week because if the Asia timezone takes the invite, the gold price has a good chance to rise. My expectation is a bullish GAP right at the beginning; if so, it's a clear sign for the rest of the day, in my opinion. These thoughts would support my goal from above $3500 during the week. 📰 Geopolitical News Landscape India / Pakistan The ceasefire from May 10 remains tense but intact. Both sides claim victory, while Pakistan strengthens ties with China. Cross-border attacks have ceased, but mutual distrust persists. ➡️ Situation remains fragile; renewed escalation is possible. Gaza Conflict Israel intensifies "Gideon’s Chariot" with ground forces in Khan Younis. Mass evacuations and high civilian casualties worsen the humanitarian crisis. Peace talks have stalled as the offensive continues. ➡️ No relief in sight; humanitarian conditions are deteriorating further. Russia / Ukraine On May 24, Russia launched its largest air assault yet with 367 missiles and drones—13 civilians were killed. Just before, both sides exchanged 1,000 prisoners. Peace talks remain suspended. ➡️ Violence is escalating; a ceasefire remains out of reach. U.S.–China Trade War The 90-day tariff pause triggered a rush to import from China. Shipping bottlenecks and high freight rates are straining businesses. Structural issues remain unresolved. ➡️ Short-term easing; long-term tensions persist. Trade War on global view The global trade war has escalated in May 2025, with the U.S. imposing a 50% tariff on EU imports and a 25% levy on foreign-made smartphones, citing trade imbalances. The EU has condemned these moves, warning of potential retaliation. In response to U.S. tariffs, China has restricted rare earth exports, impacting global supply chains. ASEAN nations, heavily affected by U.S. tariffs ranging from 10% to 49%, are urging deeper regional integration to mitigate economic disruptions. The IMF has downgraded global growth forecasts to 2.8% for 2025, citing trade tensions and policy uncertainty. Supply chains are being restructured, with companies shifting production to countries like Vietnam and Mexico. Financial markets are volatile, with increased inflationary pressures and investor anxiety. ➡️ Emerging markets face currency volatility and economic instability due to the ongoing trade conflicts. ⚖️Trump vs. Powell President Trump increases pressure on Fed Chair Powell to cut rates. The Fed holds interest rates at 4.25–4.5% and warns of inflation. A 10% staff reduction is planned to boost efficiency. ➡️Political interference is increasingly destabilizing markets. U.S. Inflation – April 2025 Inflation dropped to 2.3%, the lowest since February 2021. However, consumer inflation expectations remain high at 7.3%. The University of Michigan Consumer Sentiment Index fell to 50.8—a historic low. ➡️A clear gap is emerging between official data and public perception. 🔋 Technical Analysis – Short-Term 📊 Analysis: May 19–24, 2025 Weekly Low: $3,204 (May 20) Weekly High: $3,366 (May 23) Weekly Close (May 23): approx. $3,358 Total Gain: +5% 🟢 Trend: A clear uptrend is evident. After hitting a low of $3,204 on May 20, gold experienced a strong rally, forming consistently higher highs and higher lows. A brief pullback on May 22 was quickly bought up. 📈 Structure: A series of bullish flag patterns developed, each resolving to the upside. The high at $3,366 currently marks the most significant resistance level. 🔮 Outlook from May 26, 2025 Resistance: $3,366 (recent high) Support: $3,310 (last local low), below that $3,280 (breakout zone) Bias: Bullish as long as price holds above $3,310 📌 Scenario 1 – Bullish Breakout: A sustained breakout above $3,366 could unlock further upside potential toward the $3,390–$3,410 area. When Asia session starting with bull GAP the Scenario is the one i preffer. 📌 Scenario 2 – Pullback: A retracement to the $3,310–$3,280 zone would be a healthy correction within the trend, provided this zone holds. 🧭 Conclusion: Gold remains in a steady uptrend. As long as support levels hold, a continuation toward $3,500 is likely. RSI may be overbought on higher timeframes, so short-term consolidations are possible, but structurally the setup remains bullish. Anything to ad? Feel free to tell your thoughts. ------------------------------------------------------------------------- This is just my personal market idea and not financial advice! 📢 Trading gold and other financial instruments carries risks – only invest what you can afford to lose. Always do your own analysis, use solid risk management, and trade responsibly. Good luck and safe trading! 🚀📊
OANDA:XAUUSDLong
by Wick-Sniper
4