The target of 4340 has been reached. & Gold has successfully broken below yesterday's low of 4218, and will continue to decline in the medium term!
#GOLD#XAUUSD
XAUUSD – Buy Limit📈
- Entry: 4,292 - 4,295
- SL: 4,280
- TP1: 4,305
- TP2 4,315-20
- RR: 1:2-2.5
Price pulling back into a clean demand zone after the double bottom confirmation .. support holding firm at 4,284 .. let price come to you, don't chase. Bias is bullish, structure favors continuation to the upside.
Bull-bear line .. 4335–4340
Break and hold above it = bulls take over. Bias is BUY .. chase the break or buy the dip.
Warning .. Iran deal got priced in fast. If price can't clear 4335–40 after US session opens .. expect a sharp shakeout. Don't chase blind!!
Manage your risk. ✅
#xauusd #XAUUD_signals #XAUUSD_BUY
Technical Analysis: Next week, gold is expected to exhibit high volatility and wide-range consolidation. The market is currently locked in a battle at a critical bull-bear dividing line, while the fundamentals are facing a major turning point in terms of both pattern and structure due to intense interplay between macroeconomic policies and geopolitical diplomacy! In the short term, the price has faced resistance at 4238 following multiple failed rallies, while a solid support zone has formed at 4180–4170 due to heavy trading volume. The price action is currently exhibiting a high-level triangle or rectangular consolidation pattern. Next week’s strategy will adhere to the principle of “trading within a range—selling high and buying low—before major events, and following the breakout trend after the decision.” Before the interest rate decision (Monday to Tuesday): Trade within the range by selling high and buying low. As the market is typically cautious ahead of the Fed’s decision on Wednesday, the short-term trend is likely to continue its consolidation and oscillation. (Sell): When prices rebound to the 4238–4245 range and encounter resistance, enter a light short position: SL: 4252 TP: 4195–4180. Buy on Dips (Long): When prices pull back to the key support zone of 4170–4180 and stabilize, enter a long position: SL: Below 4160, TP: 4220–4235
#XAUUSD #FED
XAUUSD Weekly Outlook:
Next week is shaping up to be a high volatility week for gold .. macro policy shifts and geopolitical developments are colliding at the same time, making this a critical turning point for the market.
Price has been rejected multiple times at 4238 and can't seem to push through .. while the 4170–4180 zone is holding firm as strong support. Classic range consolidation .. either a triangle or rectangle forming at high levels.
The Plan is Simple .. Range Trade Before the Fed, Follow the Break After.
#Sell Setup
Rebound into 4238–4245 with visible resistance .. enter light short
SL: 4252 .. TP: 4195–4180
#Buy Setup
Pullback into 4170–4180 with stabilization .. enter long
SL: Below 4160 .. TP: 4220–4235
#XAUUSD #FED
CPI came in at 0.5% .. in line with expectations, slight decrease from previous 0.6% 📊 no major surprise so gold getting a short term relief bounce rn 👀
Key resistance: 4,180.. this is the level to watch .. if price can't break above here with conviction the bounce is just a dead cat and we continue lower 📉
Don't chase the rebound .. wait for confirmation at 4,180 before making any moves #XAUUSD #CPI
Gold in a historic paradox rn 📉 US airstrikes on Iran for 2 days straight .. Hormuz closure risk .. Brent above $90 .. yet gold is CRASHING🪫
Why? War = oil spike = inflation spike = Fed forced to hike = dollar surges = gold collapses 💀
May CPI just hit 4.2% .. 3-year high .. 10-year yields at 4.54% .. institutional bulls liquidating everything to raise cash .. it's a stampede out of gold 📉
RSI at October 2023 lows .. historically extreme .. but don't catch the knife yet .. wait for confirmation !
#XAUUSD #FED
Technical Update
Gold remains in a solid bear market structure. After the sharp drop, price formed a swing low near 4043 and is now attempting a short-term technical correction , we’re seeing long lower shadows and consecutive bullish candles off oversold territory.
First resistance is at the round 4100 level. A clean break above it could push toward 4130.
Support sits around 4050 , a break below opens the door to the big psychological 4000 zone.
I’m still focusing on sell positions on any rallies for now.
#XAUUSD #XAUUSD_SELL
#GOLD#XAUUSD
Gold has tested the All time High in the inception of the new year and first month.
The current situations will boast it further, Look at the 4888$ as the resistance again which broken will continue for the 4900-4929$ in the upward.
Failure to brea the 4888$ will slightly dip down for the 4845-24$ and then 4810$.
It still looks to go for the correction and my recommendations will be to sell from the 4868-74 and 84$ are the selling for the 4820-10-4800 and beyond.
More on telegram channel; https://t.co/aoVJP2SJit
Gold prices surged in Asian trading, continuing to set new records! It successfully broke through the psychological barrier of 4600, reaching a high of around 4601.1! This signal is very clear; the upward trend will continue! Meanwhile, the technical pullback held the important support level of 4550. The upcoming European and New York markets will continue to focus on buy orders! New highs will be continuously set this week! Strategy: Buy: around 4560-65, TP: 4620, SL: 4548 (set according to personal preference)
#XAUUSD
Gold Breakout
Next week, as long as the price remains above 4470, only consider buying on dips.
From a technical perspective, gold has broken above the 4300-4400 range, with 4470 US dollars becoming the short-term dividing line between bulls and bears.
If this support level is breached, it may trigger a correction towards 4464 or even 4407 US dollars.
However, if it can hold above this level, it is expected to challenge the previous high of 4550 US dollars next week, and may even attempt to reach 4600 US dollars.
Technical Analysis: Gold prices continue to hover near historical highs. Given the current fundamental landscape, the market remains cautious about significant short positions in the absence of clear bearish catalysts. From the daily chart structure, gold prices maintain an overall medium-term upward trend, firmly holding above the rising 200-day exponential moving average (EMA). This indicates the long-term bullish pattern remains intact, with the upward slope of this EMA providing crucial support during pullbacks. Technical indicators show the MACD remains below the zero line, suggesting the short-term correction is not yet complete. However, the green histogram is steadily contracting, and the fast and slow lines are flattening, signaling diminishing downward pressure. The RSI hovers near 56, above the 50 midline, indicating overall momentum remains bullish without entering overbought territory, leaving room for further movement. Regarding key price levels: Should gold firmly reclaim and sustain above the $4,500 psychological threshold, it would help bulls regain dominance and open further upside potential. Conversely, a break below and confirmed loss of the 200-day moving average warrants caution for an expanded pullback and deeper technical correction. Overall, gold trading next week continues to favor Buy orders! Key short-term resistance is at 4540-4550, while key short-term support is at 4490-4480. Monday Strategy: Buy: 4495-4500 TP: 4525-4530 SL: 4478
#XAUUSD #GOLD #NFP