XAUUSD DOUBLE TOP BEARISH PATTERNKey Factors to Consider:
Breakout Confirmation – If price decisively breaks below the neckline of the double top, it strengthens the bearish outlook.
Volume Analysis – A surge in selling volume at resistance or during the breakdown can validate the pattern.
Momentum Indicators – RSI, MACD, and Stochastic Oscillator can help confirm bearish momentum.
Support Levels – Watch for intermediate support zones that could slow down the decline before reaching 3203.
Resistance: 3500
Target: 3203
Xauusdanalysis
Gold plunges on tariff talks!Positive progress has been made in the Sino-US tariff negotiations, which has led to the activation of the global capital market. However, the safe-haven asset gold has been significantly sold off. The daily decline has once again exceeded $100. In the past two to three months, daily fluctuations of the hundred-dollar level have become the norm. Gold stabilized and rebounded after hitting a low of 3207 during the European trading session. During the US trading session, it further rose to a high of 3248. However, the upward momentum is relatively limited, and currently, the price is maintaining a volatile pattern within the range of 3231-3248. At present, 3250 has become a key resistance level. If it can be effectively broken through and the price can stand firm above it, the gold price is expected to further test the 3270-3288 area. Nevertheless, judging from the short-term momentum, there is still downward pressure for a pullback during the late trading session. Technically, the upper resistance is concentrated in the 3248-3252 range, and the lower support is around 3225-3217.
Trading Strategy:
sell@3245-3255
TP:3217-3222
you are currently struggling with losses, or are unsure which of the numerous trading strategies to follow, at this moment, you can choose to observe the operations within our channel.
Gold Will be Bullish from a Historic Support LevelHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
On May 9, the London market XAUUSD real-time trading strategyXAUUSD's huge drop hit 3274. From the side news, there is no huge potential impact. Because almost all important data are updated. From the larger level of K-line cycle, the top structure appears, which is why I remind everyone to continue to sell.
In the trading process, it is very important to switch from long to short. Often some traders always suffer huge losses in their accounts due to misjudgment. This week, under my accurate prediction, the market trend is exactly the same as I expected.
Summary: There is no major news affecting the current situation. And it is the last trading day of this week. For XAUUSD, maintaining high selling is the current trading direction. There are signs of returning to the weekly opening price at the daily level. Observe whether the pressure range of 3330-3340 can stabilize during the day. If not, we can focus on the lower profit range. 3260-3220.
To prevent missing out on some good trading strategies and ideas, remember to continue to pay attention to the ideas of the swing trading center. If you want to get more and more accurate signals, you can leave me a message.
XAUUSD New York market trading strategy.The Russian-Ukrainian war sentiment has once again ignited the market's risk aversion sentiment. After the New York market opened, the US stock market opened higher, causing XAUUSD to fall to around 3200 and then rebound. After the New York market opened, XAUUSD continued to rise to 3248.
After the weekend news continued to be digested in the Asian market and the London market, the New York market once again boosted XAUUSD due to geopolitical news.
At present, we are paying attention to whether the position of 3255-3272 can be effectively broken through and stabilized. If it cannot continue to sell at a high level.
Gold plunged. Will it rebound?Market Summary:
Gold prices suddenly saw a new round of selling in Asian markets on Monday, and the price of gold just fell to $3,210/ounce, reaching today's low, a drop of nearly $110.
Gold prices weakened at the beginning of the new week as the latest optimism about the US-China trade agreement continued to weaken demand for traditional safe-haven assets.
At the same time, positive signals from the US-China negotiations eased market concerns about a US recession. This, coupled with the Fed's hawkish comments, helped the dollar stabilize near multi-week highs and put pressure on gold. The gold price trend seems quite fragile. Gold prices fell and broke below the main bullish trend line in the short term, which sent a bearish signal, indicating that the trend may change.
I think the US-China trade agreement will have an impact on gold prices for a period of time.
Technical Analysis:
Gold's 4-hour level oscillation downward trend is relatively obvious, and the shape is a step downward. After the gold gapped down, there was a large gap. The gold rebound was unable to continue to fall. It is not easy to cover it in the short term. It will be covered in the process of the market. On the whole, for the short-term operation of gold today, Quide suggested that the rebound should be shorted as the main strategy, and the retracement should be long as the auxiliary strategy. The short-term trading should focus on the upward resistance of 3240-3250 US dollars, and the downward resistance should focus on the support position of 3200-3190 US dollars.
Today's operation strategy:
Operation strategy 1: Short the price when it rebounds to around 3245 US dollars, stop loss at 3260 US dollars, and take profit near 3210.
Operation strategy 2: Long the price when it falls back to 3210 US dollars, stop loss at 3200 US dollars, and take profit near 3240.
Shorts were active at the beginning of this week, and prices fel
📌 Gold driving factors
The joint statement of the Sino-US Geneva economic and trade talks has just been released. This development has hit the safe-haven demand for gold and has become the fuse for a new round of gold selling.
Coupled with the hawkish "holding back" of the Federal Reserve, the dollar has remained stable near its multi-week high and put pressure on gold. The trend of gold prices seems quite fragile.
📊Commentary analysis
The next resistance for gold prices is the static barrier of $3360-3365/ounce. If it can be decisively overcome, it will eliminate the recent bearish tendency and lay the foundation for gold prices to regain the $3400/ounce mark.
💰Strategy Package
⭐️Set Gold Price:
🔥Sell Gold Zone: 3315-3317 SL 3322
TP1: $3300
TP2: $3290
TP3: $3280
🔥Buy Gold Zone: $3223 - $3225 SL $3218
TP1: $3238
TP2: $3245
TP3: $3260
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
Today's gold trading analysisAffected by the optimistic news about Sino-US trade, spot gold opened sharply lower, and then the price of gold further declined. The current price of gold is around $3266/ounce, a plunge of nearly $60 in the day. Gold fell after being under pressure at the 3350 level last week. Our mid-term short position at 3343 finally ushered in a harvest at the beginning of this week. The market started the gap-down mode. The daily trend of gold is still likely to fall. It is currently an adjustment at the daily level, but the strength of the adjustment is relatively strong! The weekly line of gold fell back and closed lower, forming a double needle top with the upper shadow line of the previous high point, and gapped down to below 3300. The weekly and monthly lines have confirmed the second high, and the K-line pattern has the initial top adjustment. The daily chart has fallen back after a second high, and there is a possibility of forming a double top in some parts. 3500-3438 is the double high, and the neckline is at the 3200 line. If it breaks, a top adjustment structure will be formed.
Gold 4-hour chart forms a step-by-step oscillation and falls back. It is currently approaching the neckline. However, the moving average indicator is in a messy divergence. The short-term will be roundabout and repeated. The overall idea of falling back and adjusting is maintained. The middle track of the Bollinger Band coincides with the rebound high of last Friday, which is the critical point of this week's short position. There is a large gap in the hour, which is not easy to fill in the short term. It will be filled in the process of roundabouts in the market. This morning, gold opened at a low of $3259 and started a rebound trend! At present, the oversold rebound trend will continue today! Gold continues to rebound, and the support below is focused on the $3260 line. Today, relying on this support, we can rebound. The top can look at the $3300 and $3320 lines! On the whole, today's short-term operation strategy for gold is to focus on long positions on pullbacks and short positions on rebounds. The short-term focus on the upper side is the 3320-3330 line of resistance, and the short-term focus on the lower side is the 3259-3260 line of support.
Short order strategy:
Strategy 1: When gold rebounds around 3320-3325, short (buy short) 20% of the position in batches, stop loss 10 points, target around 3300-3280, break the position and look at 3260
Long order strategy:
Strategy 2: When gold falls back to around 3258-3260, buy long positions in batches (buy up) with 20% of the position, stop loss 10 points, target around 3290-3310, break the position and look at 3330
Gold opens low, beware of gap filling!Today, under the influence of various negative news over the weekend, gold opened sharply lower and directly broke through 3300, reaching a low of 3259. The most important point is that China and the United States have agreed to establish a trade consultation mechanism, and will finalize the relevant details as soon as possible. A joint statement reached at the talks will be issued on May 12, which is considered to be substantial progress.
This round of gold surge was caused by the trade war. Before April, the rise of gold was strictly based on the technical aspects, which was relatively easy to grasp. The rise and fall of the technology was more reliable, and the technical trend was more regular. In April, gold prices rose sharply due to the tariff war, and the market started to rise and fall sharply, mainly driven by news factors. The large amplitude and many opportunities also increased the risks. It was not so easy to grasp, and it was easy to make money and lose money. This is the coexistence of risks and profits.
Last week, gold failed to reach a high for the second time and fell sharply. The short-term trend turned bearish, but it is still bullish in the medium and long term. On the one hand, geopolitical conflicts have not decreased under the great changes that have not been seen in a century, trade frictions are still there, and the global economy is at risk of recession; on the other hand, the credit of the US dollar has declined, and the US Reserve has entered a cycle of interest rate cuts. Amid various risk aversion sentiments and capital seeking profits, gold is still a very good and trustworthy variety.
The current decline is just an adjustment to the previous crazy rise in gold. This year, the gold price rose from 2600-3500 to 900 US dollars in just four months, and it was only 800 US dollars in the whole of last year. Capital's short-term profit flight is also part of the reason. If the increase is too high, the callback range must be large. The daily and weekly lines deviate seriously from the short-term moving average and the 100-day moving average, so gold may fluctuate widely at a high level in the future. Wait until the market adjustment is over, and the next interest rate cut by the US Reserve is an opportunity
Today, gold opened sharply lower. Pay attention to the gap filling. The low level in the morning fluctuated sideways. Pay attention to the rebound strength in the afternoon. The upper pressure is 3290-3292.
According to the previous operating rhythm, the European session rebounded after falling in the morning. If the European session rebounded to fill the gap, it would rely on the 3320-3325 pressure to go short, and then gold would be a volatile market.
If the European session did not fill the gap, but was suppressed below 3292 and fell, then the rebound could be shorted for the second time. If the European session broke the low and fell and weakened, gold would continue to be bearish, and the support below was 3222-3200.
High-level strong pressure rebound continues to shortSince the opening gap at 3275, gold rebounded to 3292 and then started to fall. So far, gold has hit 3216 and then fluctuated upward. The bulls are temporarily suppressed. We still focus on rebounding and shorting. After all, the general trend is bearish. The upper 32775-3281 is the main short-term suppression level. If the rebound does not break, you can continue to short. The short position may continue to reach a new low. Pay attention to the support of 3200.
Judging from the current gold trend, the support at 3206-3215 is the focus below, and the short-term resistance at 3275-81 is the focus above. The strong resistance is near 3290-3300. This position is also the watershed between long and short positions. Before the daily level breaks through and stands on this position, the main short rhythm of the pullback will continue to remain unchanged.
Gold operation strategy:
1. Short gold at 3275-83 when it rebounds, short at 3290-95 when it rebounds, stop loss at 3303, target at 3206-3215, continue to hold if it breaks
GOLD ON REVERSE#XAUUSD ok reverse based on US-CHINA talk price was bearish but now possible reverse needs to occur before another selling.
Above the rectangle at 3224-3230 we await price to close on M30-H1 there to buy. TP 3258-3278.
above 3278 have bearish retracment, below 3205 will go full bearish.
Gold Bounces After Fake Break — More Upside AheadGold ( OANDA:XAUUSD ) fell to the Support zone($3,280-$3,240) as I posted yesterday ( Full Target) .
Gold started to rise again after making a Fake Break below the Support lines .
Gold is trading above the Resistance zone($3,330-$3,320) .
In terms of Elliott Wave theory , it seems that Bitcoin completed the main wave C with the help of the Ending Diagonal .
Educational note : The Ending Diagonal in Classic Technical Analysis is the Falling Wedge Pattern .
I expect Gold to resume its bullish trend, at least for the short term , and to at least $3,356 .
Note: If Gold breaks the Support lines with high volume, we can expect further declines.
Note: Worst Stop Loss(SL) = $3,031
Gold Analyze ( XAUUSD ), 15-minute time frame.
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How to layout gold as Sino-US trade eases🗞News side:
1. China-US trade relations eased, suspending some tariffs and countermeasures
2. Russia and Ukraine suspended firing for 30 days, and the India-Pakistan conflict was temporarily mediated
📈Technical aspects:
Affected by the easing of Sino-US economic and trade relations, coupled with the fact that the Russian-Ukrainian negotiations are on the right track and India and Pakistan have suspended firing, the risk aversion sentiment in the gold market has eased, and the gold price has fallen sharply since the opening today. At present, the 3200 line has formed an important short-term support. If the support effect is strong at this point, the gold price may rebound further; if it falls below this key support, it will accelerate the opening of downward space. The upper 3250-3260 is the previous intensive trading area, which will pose a certain pressure in the short term. At the top of the European market, focus on the resistance range of 3250-3260, and at the bottom, the support range is 3210-3200.
🎁BUY 3200-3210
🎁TP 3250-3260
🎁 SELL 3260-3270
🎁 TP 3250-3230
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
GOLD Weekly Open Analysis:Gap Down Sparks Fresh Bearish Momentum🟠 GOLD (XAU/USD) – Weekly Open Analysis: Gap Down Sparks Fresh Bearish Momentum
Gold opens the week with a sharp gap-down, reflecting a cooling of global tensions and softer tones in tariff negotiations over the weekend. With both geopolitical risks and trade conflicts showing signs of de-escalation, investors quickly shifted away from safe-haven demand, leading to immediate downside pressure in early Asia hours.
🔍 Market Context:
The price action remains within a bearish parallel channel on the M30 timeframe.
A visible GAP ZONE has formed between $3326 – $3328, which now acts as a key resistance area to watch for a potential retest.
This week brings critical US economic data including CPI, PPI, and a Fed speech, all of which could drive large volatility.
The market is likely to remain extremely sensitive to any shifts in:
US inflation expectations
FED forward guidance
Further headlines on tariffs or geopolitical escalations (Russia–Ukraine, India–Pakistan)
🔧 Trading Strategy for Today (13/05/2025):
Bias: Short-term bearish unless clear reversal signs appear.
Primary focus: Sell the rally, especially near key resistance zones.
🔺 Key Resistance Levels:
$3288
$3308
$3326–$3328 (Gap Fill Zone)
🔻 Key Support Levels:
$3262
$3246
$3236
$3200
🎯 Trade Ideas:
🔵 BUY ZONE:
Entry: $3246 – $3244
SL: $3240
TPs: $3250 → $3254 → $3258 → $3262 → $3266 → $3270 → $3280
Valid only if buyers show strong defense at key support zones.
🔴 SELL ZONE (Main):
Entry: $3326 – $3328
SL: $3332
TPs: $3322 → $3318 → $3314 → $3310 → $3305 → $3300
🔴 SELL SCALP (Early Intraday):
Entry: $3306 – $3308
SL: $3312
TPs: $3300 → $3296 → $3290 → $3286 → $3282 → $3278 → $3270
⚠️ Key Reminders:
Volatility is expected to remain high throughout the week due to macro events and shifting risk sentiment.
Trade with discipline — stick to your TP/SL and avoid emotional entries.
Wait for confirmation at your planned levels. Let the market come to you.
📣 Final Note:
This week is packed with catalysts. Patience and precision will define successful trades. Follow this account for real-time updates as the market reacts to US CPI and Fed commentary.