Get started
CFDs on Gold (US$ / OZ)CFDs on Gold (US$ / OZ)CFDs on Gold (US$ / OZ)

CFDs on Gold (US$ / OZ)

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals

GOLD trade ideas

Gold XAUUSD Possible Move 9th June 2025Market Structure: The overall trend remains bearish, with a series of lower highs and lower lows. Recent bullish retracement is corrective and approaching a key supply zone (3340 region). Zones of Interest: Supply Zone (Sell Area): 3335–3340 This area acted as a previous area of institutional selling. Price is expected to tap into this zone before resuming the downward move. Demand Zone (Target): 3295–3305 This level served as a previous strong demand zone and aligns with previous reaction zones. Liquidity & Structure: Liquidity grab expected above minor highs around 3330–3335 before a potential reversal. Structure shows a liquidity sweep, followed by a market shift confirming the bearish move. Key Confluences: Bearish market structure Return to supply Clear risk-to-reward setup Anticipated lower high formation Clean FVG + OB alignment in supply zone 📉 Trade Idea / Signal Type: Sell Limit Entry: 3335–3340 Stop Loss: 3355 (above supply zone highs) Take Profit: 3320 Take Profit: 3300 Risk–Reward: ~1:3 🧠 Trade Plan Wait for price to enter 3335–3340 zone. Look for confirmation (e.g., bearish engulfing, BOS, CHoCH on LTF). Execute short with SL above the zone. Target the 3300 handle which aligns with the HTF demand zone and price imbalance fill.
OANDA:XAUUSDShort
by QuinnReed_Charts
1
GOLD (XAU/USD) Technical Analysis: Bull Trend Pausing or Reverse🧠 GOLD (XAU/USD) Technical Analysis GOLD has been trading in a broad bullish trend, supported by global uncertainty and consistent interest in safe-haven assets. However, today’s intraday structure shows signs of potential exhaustion after a clean tap of a major resistance/QFL zone. In this analysis, I break down the key zones, trader psychology, market structure, and potential playbook for upcoming moves. 📊 Technical Structure Breakdown: 🔷 1. SR Interchange Zone – The Flip Level Marked early in the chart, the SR Interchange area served as a major resistance, which was broken and then retested — confirming a classic S/R flip. This level added confluence to the uptrend that followed. Trader Insight: This is where buyers got confident after the retest. Smart money often leaves footprints at such interchange zones. 🔷 2. Ascending Channel – The Guiding Rail GOLD has been respecting an upward channel for several days. Price bounced multiple times off both upper and lower channel boundaries. This gives a clear roadmap for intraday traders to watch for bounces, midline reactions, and possible breakouts. Channel dynamics: Right now, price has rejected from the top of the channel, suggesting possible movement back toward the midline or bottom rail. 🔷 3. QFL Rejection – Trap Zone Activated Price recently hit the QFL zone, which aligns closely with previous highs and liquidity pools. This level acted as a liquidity trap where buyers got over-leveraged or late entries piled in — only to see a strong rejection right after. This sharp drop from the QFL area signals institutional sell pressure or heavy profit-taking. It’s not just a pullback — it’s a signal. 🧱 Key Zones to Watch: Zone Type Relevance $3,380 - $3,400 QFL / Resistance Rejection point, likely full of stop-losses and liquidity $3,340 - $3,320 Reversal Area / Demand Potential buyer re-entry and bounce zone $3,300 and below Liquidity Pool If demand fails, price could slide into this liquidity zone 📉 Bearish Case: Reversal in Motion? If the current rejection from QFL continues without any strong bounce at the reversal zone: Expect price to retest the lower channel and possibly breakdown. Sell pressure could increase due to trapped long positions trying to exit. Target: $3,320 → $3,300 → possible $3,280 extension. ✅ Entry: Look for failed retests of the QFL zone or lower highs 📍 SL: Above $3,385 🎯 TP: First target near $3,320, then trail stops. 📈 Bullish Case: Controlled Pullback Before Lift-Off If price finds strong support in the Reversal Area: Look for bullish engulfing, hammer, or double bottom patterns in the area. Could be a healthy pullback before continuation to $3,400+. Target: $3,380 → $3,420 and even higher if breakout is strong. ✅ Entry: Confirmation after bullish reaction at $3,340 zone 📍 SL: Below $3,315 🎯 TP: $3,380+, trail if breakout holds 🔄 Trader Psychology in Action: Late buyers entered after the breakout toward $3,380. Smart money exited near the top or flipped bias near QFL. Retail panic selling might happen if support fails, offering re-entry for institutions at better prices. Discipline Tip: Let price confirm your bias. Don’t chase. 📌 Final Thoughts & Trade Plan: GOLD is at a decision point. Whether you're trading intraday or swing, your focus should be on: Watching how price reacts to the Reversal Area Identifying fakeouts vs true breaks at channel boundaries Staying patient for confirmation (don’t jump in on impulse) This setup provides an excellent opportunity for both bullish and bearish traders — just stay unbiased and reactive, not predictive.
OANDA:XAUUSDShort
by GoldMasterTrades
XAUUSD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
OANDA:XAUUSDLong
by okako_trading
GOLD MARKET ANALYSIS AND COMMENTARY - [Jun 09 - Jun 13]OANDA:XAUUSD fell more than 1% on Friday (June 6) due to the unexpected US non-farm payrolls data for May. Spot gold closed at $3,309.84/oz, up 0.8% on the week. Although gold failed to break above the $3,400/oz resistance and may fluctuate in the $3,300-$3,400/oz range in the short term, the market's resilience and long-term uptrend remain solid. Meanwhile, silver and platinum outperformed, hitting 13-year and 3-year highs, respectively, on investment demand and expectations of supply shortages. Gold prices rose significantly on Monday last week and hovered at highs ahead of the release of non-farm payrolls data from Tuesday to Friday, reaching $3,403.48 an ounce on Thursday. The latest data showed that the US added 139,000 non-farm payrolls in May, beating market expectations of 130,000, the unemployment rate held steady at 4.2% and wage growth beat expectations. This reduced the likelihood of the Federal Reserve cutting interest rates in the near future, pushing the US dollar and US bond yields higher and putting pressure on gold prices. OANDA:XAUUSD received initial support above 3,300 USD/ounce, indicating that the market still has buying support, but the resistance level of 3,400 USD/ounce is difficult to overcome in the short term and 3,200 USD/ounce is the main support level, more detailed technical analysis will be sent to readers in the following part of the article. However, since the raw price points are still related to fundamental analysis, I personally think that the price declines can be seen as an opportunity for gold to hold at lower prices, the long-term uptrend is fundamentally unchanged and central bank gold buying and a weaker dollar will continue to support gold prices. Despite the rise in risk assets such as stocks, gold has shown resilience. Central bank demand for diversified reserves and market risk appetite will continue to support gold prices, underscoring its appeal as a safe-haven asset. Market Background and Outlook The labor market is slowing steadily and the Federal Reserve is likely to continue to wait and see, with the likelihood of a near-term rate cut low. The May CPI data next Wednesday (June 11) will be in focus. If CPI rises, it will push the US Dollar higher and further depress gold prices. If CPI is weak, it could help push gold prices higher. Geopolitical and trade factors: Trump's call with Xi Jinping on Thursday did not bring any clear progress on trade. If the tariff news worsens, this could boost demand for gold as a safe haven. On the other hand, the outlook for the Middle East-US, Ukraine-Russia talks is also not getting any better, any negative signs on the geopolitical front next week will also boost gold prices to recover. Economic data and events next week Wednesday: US Consumer Price Index (CPI) Thursday: US Producer Price Index (PPI), Weekly Jobless Claims Friday: University of Michigan Consumer Sentiment Index 📌Gold prices fell sharply on Friday as it retested the $3,371 target level, which is the 0.236% Fibonacci retracement level, but failed to break it. The bearish momentum took gold towards an area where there are several important supports such as the $3,300 price point and the confluence of the 0.382% Fibonacci retracement level with the 21-day EMA. Although gold has fallen, its current position still has enough conditions for bullish expectations in the near term. And in terms of momentum, the Relative Strength Index (RSI) is still above 50, and in this case, 50 is considered the nearest momentum support. As long as gold remains in/above the price channel, its main long-term trend is still bullish, in the short term if gold remains above the base price of 3,300 USD, it still has an upside target at 3,371 USD followed by the base price of 3,400 USD. Notable technical levels are listed below. Support: 3,300 – 3,292USD Resistance: 3,350 – 3,371 – 3,400USD SELL XAUUSD PRICE 3345 - 3343⚡️ ↠↠ Stop Loss 3449 BUY XAUUSD PRICE 3227 - 3229⚡️ ↠↠ Stop Loss 3223
OANDA:XAUUSDLong
by Xayah_trading
Gold (XAU/USD) Intraday Outlook – 12 June 2025Current Price: ~$3,373 (intraday) – Gold is holding near recent highs after a sharp rally. Bullish momentum has improved markedly, fueled in part by favorable fundamentals (soft US CPI and geopolitical tensions lifting safe-haven demand) On the charts, the short-term trend is upward, with buyers firmly in control following a breakout above prior resistance. 4H Trend & Key Levels 4H chart highlighting break of structure, demand (green) and supply (red) zones, and key intraday levels. Note the major demand zone that held around 3,214 (green) and the supply zone near 3,284 (red) which was a focal resistance. The 50% retracement of the prior day’s range (blue line near 3,274) acted as intraday resistance in that earlier session Such annotations show where institutional activity likely set support (demand) and resistance (supply) areas. On the 4-hour chart, gold’s momentum is strongly bullish. The recent surge to 3375 pushed price above its 10-day moving average and widened the upper Bollinger Bands on both H1 and H4 – signs of a powerful uptrend. This came after gold cleared a major resistance around the $3,350 zone, which had capped prices earlier. With that barrier broken, the next upside target on the higher time frame is the $3,400 level (a notable psychological and technical hurdle) In fact, it can be projected that a clean breakout above the ~3,380/3,390 zone could open the path toward $3,403 and even $3,430 in extension Reflecting the next supply areas or Fibonacci extension targets above. Support levels on the 4H are stepping up as the trend rises. Previously, $3,320 (the last day’s high in late May) turned from resistance into support after the breakout. Now, immediate support is seen around $3,345–3,350, which corresponds to the top of the recent consolidation and roughly the 38.2% Fibonacci retracement of this week’s rally Below that, the $3,330–3,335 zone (around the 61.8% retracement of the rally) is a secondary intraday support area These levels also align with prior demand zones and the previous day’s lows, making them likely zones where buyers might step in on dips. Overall, as long as gold holds above the mid-$3,300s, the 4H bias remains bullish. The 4H structure shows higher highs and higher lows, and technical signals (price above short-term EMAs and an improving RSI) reinforce the short-term bullish outlook Educational Note: In an uptrend, old resistance often becomes new support. Here $3,350 was a major resistance in the past and could serve as support if prices pull back. Traders also watch Fibonacci retracement levels within the up-move for potential bounce points – for gold, the 35-50% retracement zone of the latest swing (approximately $3,350 down to $3,330) is viewed as an attractive “buy-the-dip” area intraday. On the 1-hour chart, gold has been oscillating upward within a rising channel. After each push higher, it has formed brief consolidations or bull flags that resolved to the upside. For example, after the strong push to ~3375, price coiled in a classic bull flag pattern, hinting at momentum building for another breakout. This pattern of consolidation after a rally shows healthy bullish behavior – buyers pausing before continuing the move. Higher lows (HL) and higher highs (HH) are clearly present, indicating a steady uptrend structure on the 1H In fact, gold’s price action has been “taking out liquidity then taking out highs and creating new highs,” leaving no sign of bear control so far. This means each time the price dips and grabs some stop-loss liquidity from weak longs, it quickly reverses and surges to a fresh peak – a hallmark of a strong trend supported by larger players. From an SMC perspective, we can spot where institutional traders may be active. Recently, gold retested a major demand zone in the low $3,300s and rocketed higher. Specifically, price dipped to about $3,297 (just below a prior support), which appears to have been a liquidity grab (fake-out) below the obvious support level Smart money often drives price briefly below such a level to trigger stop-losses, then buys into that liquidity. Indeed, a strong bullish rejection off $3,297-3,300 occurred, indicating aggressive buying (accumulation) by big players at that historical support This confirmed a solid demand zone, and bulls defended it vigorously – a clear sign that institutional demand underpins that area. After the fake-out and bounce, gold quickly resumed making higher lows, confirming the uptrend’s resumption. Now, the focus shifts to the overhead supply zone. Gold is trading just below $3,380–3,390, a zone that previously acted as major intraday resistance. In past attempts, price sharply sold off from this area, suggesting it’s a pocket of supply (sell orders) or profit-taking for institutions. This makes $3,380-$3,390 a key decision point: if bullish momentum is strong enough to drive a clean break through this supply, we could see a swift move higher (as mentioned, targets in the low $3,400s become viable) However, if gold struggles and prints bearish signals (e.g. aggressive wick rejections or a change in character to lower lows on 15m/1H) near 3380-3390, it may indicate that sellers are defending this zone again, potentially causing a pullback. Traders are watching closely to see if smart money will cap the price here or let it run. It’s worth noting that intraday liquidity has built up around certain levels. Minor equal highs around $3,375-3,377 were taken out earlier (as gold hit a weekly high of ~$3,377) ,and now liquidity might reside just above $3,390 (at buy stops of breakout traders) and below $3,340 (sell stops of longs). The path of least resistance intraday appears upward unless those lower support levels start breaking. As long as gold remains inside this rising structure, the bias is to buy dips rather than sell rallies. Only a clear break below the $3,337–3,340 support (recent range floor) would hint at a short-term trend shift down. Until then, bulls are in charge. Educational Note: Order blocks and supply/demand zones are areas where price saw a sharp move, indicating institutional orders. In gold’s case, an H1 demand block near $3,300 (origin of the recent rally) is such an area – price dipped into it and then launched higher Conversely, the $3,380-$3,390 area is a supply zone from which price fell previously. Watching price behavior at these zones (e.g. strong rejection vs. breakthrough) gives clues: a heavy rejection implies continued range or reversal, while a breakthrough suggests a new leg of trend. Trade Setups Buy on Dip (Bullish Setup): If gold retraces into the $3,345–3,355 support zone, consider a long entry near ~$3,350 (a key Fibonacci support & prior breakout level) A suggested stop-loss is just below $3,335 (to stay under the 61.8% retracement and recent swing low). Target the $3,375 area for partial profits, and $3,385–3,390 if momentum continues. This buy-on-dips approach aligns with the prevailing uptrend – as one analyst noted, “Gold below 3350 is an opportunity to buy on dips” (Rationale: You’re buying at support in an uptrend, aiming for a retest of the highs.) Sell Near Resistance (Bearish Setup): If gold rallies toward the $3,390–3,400 zone but shows rejection (stalling candles or a bearish reversal pattern) at that resistance, one can consider a short entry around ~$3,395. Place a tight stop-loss above $3,405 (just beyond the major resistance). Target a pullback to about $3,370 first, and $3,350 on an extended drop. This trade fades a possible near-term top in case the supply zone holds. For instance, a suggested plan from another analyst was to “sell around 3397–3400” with stops above 3409, looking for a move back to the mid-$3,300s (Rationale: You’re selling at an identified supply zone, expecting a short-term correction.) Breakout Scenario: For traders who prefer momentum plays, watch $3,380 on the upside and $3,340 on the downside. A 1H candle close beyond $3,380 with strong volume would confirm a breakout – you could then target ~$3,405 and above (trail stops as it goes) Conversely, a drop below $3,340 might signal a bearish intraday reversal, opening downside targets near $3,315 and $3,300 If trading the breakout, ensure confirmation (no fake-outs) – wait for a retest if possible, and then ride the move. (This scenario is only for when price definitively exits the current range.) Remember: The intraday trend is bullish, so lean toward long setups unless key supports break. Keep it simple – trade the price action you see. Gold can be volatile, so it's wise to use stop losses and not over-leverage. Happy trading! 📈✨
OANDA:XAUUSD
by Tami512
The gold trend is perfectly in line with expectations.The recent trend of gold is consistent with my expectations. Overall, the rebound is mainly based on fluctuating downward, and the rhythm of the oscillation between long and short positions is perfectly grasped. The upper resistance is still strong, and gold can still be shorted if the rebound is not broken. From the current analysis of the gold trend, the lower support focuses on the area around 3315-3305. If it falls back to this position range, continue to look at the continuation of the rebound upward; the upper resistance focuses on the area around 3350-3362. The overall rhythm of the high-altitude and low-multiple range is still maintained, and the strategy is mainly to participate in the range back and forth. 1. Go long when gold falls back to 3315-3305, and the target is 3330-3340; 2. Go short when gold rebounds to 3350-3360, and the target is 3340-3330.
OANDA:XAUUSDShort
by TP_Daniel5
5
XAUUSD BUYS PROJECTION Hello everyone yup lately I’ve been slacking off on the charts and haven’t taken a Gold trade since we took a loss tho I have been trading other pairs but nothing like Gold so I’m back and fully active and will be giving my all to XAUUSD only and will be updating you guys so this is my buy projection for Gold I will be waiting for a breakout of the 3,400 zone and also wait for a good pullback with our confirmation to take buys to the last ATH we in this game to win it so let’s watch how the chart plays out and will be updating y’all if am taking any entry….
OANDA:XAUUSDLong
by THATGUYMAZINO
Gold/XAUUSD Possible CPI Move 11 June 2025Technical Analysis Key Confluences Supporting the Buy Setup: Trendline Support The gold shows a well-respected ascending trendline, which has been tested multiple times. This provides a dynamic level of support. Horizontal Support Zone (3323–3326) This area previously acted as resistance and has now flipped to support. The consolidation here suggests a demand zone. Bullish Market Structure The market is forming higher highs and higher lows, indicating a bullish structure. The current pullback may serve as a liquidity grab before continuation. Liquidity Below 3320 There is likely a liquidity pocket just below 3320. Price could sweep below support to trap sellers before reversing upward. CPI News Catalyst CPI data release can cause volatility. The stop-loss below 3314 is well-placed to allow for a spike without invalidating the bullish structure. Trade Setup Summary Bias: Bullish Entry Zone: 3323–3326 Confirmation: Reaction from the trendline and horizontal support after CPI release Take Profit (TP): 3335/3349 (targeting the recent high and potential double top liquidity) Stop Loss (SL): Below 3314 Risk-Reward Ratio (RRR): Approximately 1:2 Entry Trigger: Look for a strong bullish rejection or engulfing pattern at the 3323–3326 zone to confirm entry. Management: Consider partial profit booking near 3340 if volatility increases or if price shows signs of rejection before the target.
OANDA:XAUUSDLong
by QuinnReed_Charts
Trading Game of the day 11-MAY-2025On this day 11-MAY-2025 ,CPI core,m and y was released and all of them were negative for the dollar My performance depend on patience . So after release of the NEWS ,be patient and patient and patinet until the price gives you the direction and give you the opportunity to enter the market 1-PDA :- which is the OB 2-Re- (H4-H2-H1-30m) and ST (SHARP TURN)in lower than 15m-TF 3-CISD 4-FVG retraced from it and make another FVG which represent our entry (sell order) 5-sell order from 3340 and the profit is 3330 Thanks
OANDA:XAUUSDShort
by Antwerp_winning_trader-Maitham
XAUUSD H1 Outlook – Clean Breakdown, Focused Zones in Play👋 Good afternoon, legends! Here’s your XAUUSD H1 Outlook + Sniper Plan for June 9, 2025. We’re mid-retrace in a bearish shift, and structure is giving us real opportunities both ways. 📍 Bias: Bearish intraday — structure has shifted, and we’re working inside discount + premium rotations. 🔹 1. 🔍 H1 Structure Summary Confirmed CHoCH → BOS → LL below 3314. Price is sweeping the 3308–3300 weak low, sitting in a sensitive zone. Expect either pullback to supply or continuation into deeper demand. 🔹 2. 📐 Key Intraday Structure Zones Zone Type Price Range Notes 🔼 Sell Zone #1 3350 – 3365 H1 OB + supply flip + fib confluence 🔼 Sell Zone #2 3378 – 3390 M15 premium sweep + LH trap 🟣 Flip Zone 3324 – 3332 BOS origin + minor FVG — reactive zone 🔽 Buy Zone #1 3275 – 3260 Discount OB + imbalance cluster 🔽 Buy Zone #2 3238 – 3225 Deep structure demand + M30 liquidity pool 🔹 3. 📊 EMA Alignment EMA5/21 crossed bearish Price is under EMA50, 100, and 200 → full bearish EMA pressure Retracements into premium = opportunities to sell with trend 🔹 4. 🧠 Sniper Flow Commentary Price is currently tapping weak low zone (3308–3300) If 3314–3332 acts as resistance, we’re in for continued downside flow Cleanest sell comes from 3350–3365, but any valid rejection from flip zone is still playable short Only buy if deep discount zones are hit with confirmation — don’t rush longs in bearish flow ⚔️ Intraday Sniper Plan – June 7, 2025 🔼 Sell Zones 3350–3365 → Premium OB and fib rejection zone 3378–3390 → Final sweep zone above LH 🔽 Buy Zones 3275–3260 → First structural OB in deep discount 3238–3225 → Major support from HTF demand stack 🟣 Flip Zone 3324–3332 → Watch for reaction and possible rejections ✅ GoldFxMinds Final Note It’s not about predicting — it’s about preparing. Sell the traps. Buy only strength in structure. Let price prove itself before entry. Stay focused and confident!💬 Drop your chart view below ,follow for more — GoldFxMinds view💡
TRADENATION:XAUUSDShort
by GoldFxMinds
2
XAUUSD Analysis today : Drop to monthly support?XAUUSD with NFP breakdown from significant daily support price has dropped nearly to monthly support and may continue to drop to retest the monthly support? As there is a rejection from the monthly high and the market is almost nearly to monthly gap open, it is highly likely price may retest the monthly support. As with new monthly open, we see price has retraced to the significant intra day resistance to retest the level 3328.00 As the market started to reject back to the major direction of the trend, it is mostly probable that the price may continue to drop to this long term support level 3289.32
FOREXCOM:XAUUSDShort
by ForexWizard01
BEST XAUUSD BUY AND SELL SETUP FOR TODAY 📉📊 Gold (XAU/USD) Analysis – Key Levels in Focus! 📈🧐 Gold is currently trading around the 3,326 zone after a recent pullback. Price is approaching the key support level at 3,310, where a potential bullish bounce may occur, targeting the next resistance near 3,350. 🛑 However, if price fails to hold above 3,310, we may see further downside movement towards the 3,293 support. 📉 Traders should watch for reaction and confirmation around these zones before taking entries. ⚠️💡 A bullish reversal could trigger strong buying momentum, while a bearish break may lead to deeper correction. 🎯💰
OANDA:XAUUSD
by GoldenTradeInsights
GOLD → Correction to 3275FX:XAUUSD and medium-term outlook: Friday's strong unemployment data strengthened the dollar and triggered a sell-off in gold. Money is temporarily flowing out of the metal and into currencies and the stock market... Technically, gold is still in a bullish phase on the global timeframe. Logically, the situation is more reminiscent of a countertrend correction of the zone of interest before continuing growth. Despite the rise in the DXY after Friday's news, the dollar is still under pressure from Trump, who is pushing for an early interest rate cut. This move could significantly shake the market (dollar down, gold up) Locally, on the hourly XAUUSD timeframe, we can clearly see how the price is breaking out of the uptrend, thereby triggering a downward impulse. Resistance levels: 3325, 3343 Support levels: 3303, 3275 The liquidity level of 3300 could act as a magnet for the price, from which a correction to the resistance of the range of 3325 could form (liquidity hunt), but due to the change in the fundamental background, gold may continue its correction to 3275 (support zone) before a possible continuation of growth. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
15
XAUUSD LONG ITGreetings traders this is my analysis on XAUUSD and it is Long 🧠 Technical Breakdown: Head & Shoulders Formation: A clear Head and Shoulders pattern is visible, with: Left Shoulder forming around April 14–15, Head peaking on April 18–19, Right Shoulder forming April 23–24. This is a classic bearish reversal pattern, which played out as expected. Elliot Wave Structure: An Elliot Wave impulse followed by a corrective wave appeared right after the head formation. The market then entered a downtrend, completing a retracement toward the support zone (3172). Previous Idea Target Hit: The price reached the previous target area, confirming the validity of earlier projections (noted in blue rectangle on May 7). Current Market Structure: After bouncing from support, the market entered a consolidation phase (early June), signaling indecision. A short-term dip toward the minor support at 3290 is possible before a projected bullish move. 🔮 Forecast: Expect a short-term pullback to the support zone around 3290. If buyers step in at that level, we could see a bullish continuation toward the resistance/target level of 3441. Confirmation will depend on how price reacts at the minor support and if a breakout from consolidation occurs. 🛠️ Key Levels to Watch: Support Levels: 🔴 3172 (Major) 🔵 3290 (Minor – Potential bounce zone) Resistance/Target: 🟢 3441 (Target from consolidation breakout) ✅ Trade Plan (Not Financial Advice): Bullish Scenario: Look for bullish reversal candlesticks at 3290 for long entries. Bearish Scenario: A break below 3290 invalidates the idea — watch for potential retest of 3172. Dear Traders like,comment let me know what do you think?
OANDA:XAUUSDLong
by Zaks_ForexRules
GOLD Sellers In Panic! BUY! My dear friends, My technical analysis for GOLD is below: The market is trading on 3330.6 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 3338.3 Recommended Stop Loss - 3326.5 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
TRADENATION:XAUUSDLong
by AnabelSignals
1