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SPDR's Heavy Outflows Signal Institutional Exit – Is Gold LosingSPDR's Heavy Outflows Signal Institutional Exit – Is Gold Losing Momentum? 📉 SPDR Gold Trust Overview (Apr 24 – May 14, 2025): 🔻 Continuous Net Selling: From April 30 to May 14, SPDR saw 10 consecutive sessions of net selling, unloading over 18.5 tons of gold. 📌 Key Selling Days: May 2: -4.87 tons May 6: -2.29 tons May 14: -2.58 tons 👉 SPDR's gold holdings dropped from ~948.56 tons to ~936.51 tons — a decrease of over 12 tons in just 3 weeks, signaling that institutional capital is exiting gold ETFs. This reflects waning confidence in gold’s short-term upside. 🕯️ Technical Breakdown: Gold's price has broken below the $3200 support zone on the D1 chart, invalidating the bullish defense zone. The Double Top pattern is now around 80% completed, signaling a possible deeper drop unless a strong recovery occurs. Momentum remains strongly bearish, making it difficult to time SELL entries unless lower timeframe resistance shows up. 🧭 Macro Pressures: Optimism around US economic growth and expectations of prolonged high interest rates are weighing on gold. The PPI report and Fed Chair's speech today could trigger further volatility, especially if the rhetoric remains hawkish. CPI earlier this week painted a mixed picture, with sticky inflation — which is bearish for gold. 🧠 What Smart Money Is Doing: Big funds are rotating out of gold and back into risk-on assets like equities and crypto. This shift is not just a technical correction; it reflects a broader macro-driven sentiment change. Gold is currently lacking institutional support. 🎯 Trading Strategy for Today: 🔴 SELL SCALP: Entry: 3186 – 3188 SL: 3192 TP: 3182 → 3178 → 3174 → 3170 → 3166 → 3160 → 3150 → 3140 🔴 SELL ZONE (High-Probability Resistance): Entry: 3226 – 3228 SL: 3232 TP: 3220 → 3216 → 3210 → 3206 → 3200 → 3196 → 3190 → ??? 🔺 Key Resistance Levels: 3154 3174 3188 3206 3226 3254 ⚠️ What to Watch Today: US PPI and Fed speech could trigger extreme volatility in the NY session. Wait for price to pull back toward resistance before SELLING — don’t chase. BUY only if a confirmed D1 reversal or high-volume reaction occurs. 🔚 Final Thoughts: With SPDR aggressively dumping gold and price breaking below critical support, institutional flows are no longer supporting the bull case. As long as price stays under $3200, SELL remains the primary strategy. A break below $3150 opens the path to $3000. 📣 Stay tuned — AD will update real-time strategies as we approach the US session. Follow, trade smart, and always respect your TP/SL. Good luck!
OANDA:XAUUSDShort
by MMFlowTrading
Gold Price Faces Heavy Pressure – Key Levels and Strategy GOLD DAILY STRATEGY – 14 MAY 2025 Price fails to hold gains as sellers dominate early Asia – Eyes on 3206 zone! 🔍 Market Sentiment Update: Gold started the day with a slight uptick, but the rally was quickly rejected, and price fell sharply — a clear signal that buying power remains extremely fragile. This kind of price behavior — slow climbs, rapid falls — is typical of a market losing confidence in its upside momentum. At the same time, geopolitical tensions have eased and US-China tariff talks have shown signs of progress, further pressuring gold as safe-haven demand weakens. All major macro indicators are now aligning with the bearish narrative. 🟠 Conclusion? Gold is likely to stay within the current descending price channel, and any bullish pullbacks may be limited unless strong demand re-emerges. 📉 Technical Outlook: Price is trading below key resistance and continues to reject upside attempts. The market is respecting short-term resistance zones and pushing deeper into support. Unless there’s a clear reversal signal, selling on rallies remains the optimal approach. 📌 Key Resistance Zones: 3244 3262 3278 3290 3308 3330 📌 Key Support Zones: 3216 3206 3194 3170 3158 🎯 Trade Setups: 🔴 SELL SCALP Entry: 3257 – 3259 SL: 3263 TP: 3253 → 3250 → 3246 → 3242 → 3238 → 3235 → 3230 → 3220 🔴 SELL ZONE Entry: 3278 – 3280 SL: 3284 TP: 3274 → 3270 → 3266 → 3262 → 3258 → 3254 → 3250 → 3240 → 3230 🔵 BUY SCALP Entry: 3196 – 3194 SL: 3190 TP: 3200 → 3204 → 3208 → 3212 → 3216 → 3220 🔵 BUY ZONE (Long-Term Zone) Entry: 3158 – 3156 SL: 3152 TP: 3162 → 3166 → 3170 → 3174 → 3178 → 3182 → 3190 ⚠️ Final Notes: Price action continues to respect the bearish channel. BUY entries are risky at this point — every bounce is met with resistance. Watch closely for price behavior near 3222–3206 for possible intraday reactions. News events remain critical — any update from US-China talks or surprise Fed remarks could change the bias swiftly. 📌 As always — respect your zones. Stay reactive, not predictive. Trade safe, and let the market show its hand.
OANDA:XAUUSDShort
by MMFlowTrading
DOUBLE TOP IN PLAY? IS $3000 THE NEXT STOP?DOUBLE TOP IN PLAY? IS $3000 THE NEXT STOP? Gold (XAU/USD) is showing signs of one of the most bearish patterns on the daily chart – the Double Top formation. After reaching an all-time high near $3,500, the metal has entered a sharp correction phase, now hovering dangerously close to the psychological support at $3,200. 🕯️ Technical Breakdown: A clear Double Top pattern is visible on the Daily (D1) chart, with two peaks forming near the same resistance level – a classical signal of bullish exhaustion. If today's daily candle closes below the $3,200 zone, we may see a sharp drop toward the $3,000 level in the short to medium term. The neckline of this pattern aligns with the critical support at 3196–3200 – a must-watch area for potential breakdown confirmation. 💸 What the Smart Money Is Doing: Investors are pulling out of Gold and rotating into risk-on assets like equities and crypto, chasing higher yields and growth potential. This shift suggests more than just technical correction – it may reflect a broader macro sentiment change, especially if the Fed continues to maintain its hawkish tone and delays rate cuts. 📊 Suggested Trade Scenarios: 🔻 If Daily Close is Below $3,200: High probability sell setup based on Double Top Potential downside targets: 3120 → 3050 → 3000 🔺 If Price Holds Above $3,200 and Bounces: Watch for retracement to 3250–3278 for potential reversal signals Short-term BUY scalp towards 3300–3320 with tight SL below 3190 ⚠️ What to Watch This Week: Key US data including CPI, PPI, and a speech from the Fed Chair are expected — which could cause high volatility. Market is extremely reactive — avoid emotional trades and wait for clear structure confirmations. Risk management is key, especially in current uncertain market conditions. 📌 Final Thoughts: The Double Top on Gold is becoming a strong technical signal for potential trend reversal. A confirmed break below $3,200 could open the door to a deeper correction toward $3,000. 📣 Stay connected with AD for more real-time updates, technical levels, and smart trading setups every session.
OANDA:XAUUSDShort
by MMFlowTrading
GOLD Will the Correction Continue or Will We See a Reversal?GOLD UPDATE – Will the Correction Continue or Will We See a Reversal? 📊 Market Analysis: Yesterday’s sharp decline in gold prices indicates a temporary easing in geopolitical tensions, particularly the ongoing conflict and political issues. It seems that the global environment has become slightly less tense recently, which could be a key factor in the correction we are seeing in gold. From a political and trade perspective, the current price trend appears rational, but it is important to note that nothing is set in stone just yet. Further negotiations are expected, and these could lead to significant agreements. After the sharp drop, gold has managed to find some momentum for recovery, filling liquidity gaps and returning to areas of lower liquidity. 🔍 Current Outlook: At the moment, I’m still expecting a possible rebound in gold, but the best opportunity might be to focus on sell positions for the time being. Yesterday’s plan, although bearish, enabled us to catch key levels for potential buy entries. Today, sell entries might be more favorable than buying. The price is likely to continue adjusting as we await more macroeconomic news, especially regarding the US Federal Reserve’s actions. We’ve seen the Fed avoid Trump’s pressure, and there is speculation that interest rate cuts might be postponed until later in the year rather than mid-year as previously expected. If this is the case, gold could potentially revisit the $3000/oz mark in the near future. 🔮 Short-Term Strategy: For now, we will continue trading according to the market’s correction wave. Sell positions might offer a better risk-to-reward ratio in this environment. We may still see some bounces, but they would likely be short-lived unless we see more positive macroeconomic data. 💡 Key Resistance Levels: 3264 3278 3307 3328 💡 Key Support Levels: 3241 3207 3196 3172 3156 🎯 Trade Setup: BUY SCALP: Entry: 3196 – 3164 SL: 3190 TP: 3200 → 3204 → 3208 → 3212 → 3216 → 3220 BUY ZONE: Entry: 3158 – 3156 SL: 3152 TP: 3162 → 3166 → 3170 → 3174 → 3178 → 3182 → 3190 SELL SCALP: Entry: 3278 – 3280 SL: 3284 TP: 3274 → 3270 → 3266 → 3260 → 3250 → 3240 SELL ZONE: Entry: 3328 – 3330 SL: 3334 TP: 3324 → 3320 → 3316 → 3312 → 3308 → 3300 → 3290 → 3280 📅 Key Event: CPI Announcement Today, we are also expecting the CPI report, a critical piece of data for the month. Be aware that there’s not much to analyze yet regarding this report, but we will update everyone once the data comes out later today. 💼 Risk Management: Given the volatility we’re seeing, proper risk management is essential. Stick to your TP/SL levels to protect your account and avoid unnecessary risks. 📈 Final Thoughts: Gold is currently facing corrections, but with geopolitical tensions easing, it could lead to more stability and potential breakout opportunities. Keep your trades aligned with key levels and macro news. Keep an eye on CPI and adjust accordingly. 💬 Good luck to everyone! Keep your positions safe and be patient for the right opportunities.
OANDA:XAUUSDShort
by MMFlowTrading
GOLD PRICE PLUNGES ON WEEKLY OPEN RETRACEMENT OR NEW BEAR TREND?📉 GOLD PRICE PLUNGES ON WEEKLY OPEN – RETRACEMENT OR NEW BEAR TREND? Gold started the week with a sharp gap down, breaking below key levels after weekend developments signaled easing geopolitical tensions and positive progress in US-China trade talks. This calm has dampened safe-haven demand, triggering an aggressive selloff in early Asian hours. 🔍 Technical Outlook – M30 Parallel Channel Gold is currently respecting a descending parallel channel on the M30 chart. Price is pushing lower and has yet to fill the weekend’s gap around the 3326–3328 zone. This remains a critical Key Level for any potential short-term recovery. 🗓️ This Week’s Macro Focus Traders should brace for high volatility as the US economic calendar is packed with top-tier releases: Tuesday: CPI (Consumer Price Index) Thursday: PPI (Producer Price Index) Thursday Night: Fed Chair Powell speaks Meanwhile, ongoing tariff policy updates and geopolitical headlines will continue to stir price action unpredictably. 📌 Trading Bias For now, the dominant trend is bearish. Unless we see a strong bullish reversal pattern or key breakout confirmation, the preference remains selling on rallies. Only if buyers reclaim control around the gap zone (3326–3328) should we look for long setups. 🔺 Key Resistance Levels: 3288 – 3308 – 3328 🔻 Key Support Levels: 3262 – 3246 – 3236 – 3200 🎯 Trade Setups 🔵 BUY ZONE: 3246 – 3244 SL: 3240 TP: 3250 → 3254 → 3258 → 3262 → 3266 → 3270 → 3280 🔴 SELL ZONE: 3326 – 3328 SL: 3332 TP: 3322 → 3318 → 3314 → 3310 → 3305 → 3300 🔴 SELL SCALP: 3306 – 3308 SL: 3312 TP: 3300 → 3296 → 3290 → 3286 → 3282 → 3278 → 3270 ⚠️ Final Thoughts Gold remains highly reactive to macro news and liquidity traps, especially with so many risk events this week. Trade with caution, follow your TP/SL rules, and stay flexible with your strategy. The market may deliver unexpected volatility—manage your risk smartly. 🟡 Let price guide you — not emotions. 🚨 Stay disciplined. Stay profitable.
OANDA:XAUUSDShort
by MMFlowTrading
BTC/USD – Daily Trade Plan | 10 May 2025🟢 BTC/USD – Daily Trade Plan | 10 May 2025 "Breakout Incoming? Price Coiling Tighter Near Key Resistance!" 🔍 Market Overview: Bitcoin has shown strong upward momentum after breaking past the $99,000 mark, reaching a short-term high at $104,269.47. Since then, price has consolidated within a narrowing range. The daily structure remains bullish, but short-term selling pressure is visible — especially ahead of the weekend and macro uncertainty. 🧭 Technical Landscape: 🔺 Resistance Zones: $104,269.47 – Local top, price has failed to break this level several times. $105,765 – $106,917 – Previous rejection zone + Fibonacci confluence. $108,045 – Possible extension target if breakout confirms. 🔻 Support Zones: $102,301 – Immediate intraday support; likely first retest. $99,379 – Strong mid-range support, aligned with Moving Average & FVG. $97,093 – Long-term trendline & high-demand zone. 📊 Scenario 1: Bullish Breakout Continuation If BTC holds above $102,300 and breaks H4 resistance: 🔵 Buy Entry: $102,500 – $102,300 🎯 Targets: $104,000 → $105,700 → $106,900 → $108,000 🛑 Stop Loss: $101,800 📉 Scenario 2: Liquidity Grab & Deep Pullback If BTC loses $102,300 support, expect a move to collect liquidity around $99K: 🔵 Buy Entry: $97,200 – $97,000 🎯 Targets: $99,000 → $101,000 → $102,500 🛑 Stop Loss: $96,400 ⚠️ Key Market Considerations: 🧊 DXY Recovery: Short-term USD strength may cap BTC upside. 🏦 Fed Policy Tone: Remains hawkish. Any USD volatility can shift crypto sentiment. 🔼 Long-Term Trend: Still bullish. Focus on buy-the-dip setups rather than chasing highs. 📝 Final Thoughts: Bitcoin is entering a coiled zone, awaiting high-volume confirmation. Breakouts or sharp rejections from the current range will decide the next leg. 🚀 Stay patient — Wait for clean candle closes (H4 preferred) 🔒 Stick to your SL/TP — Discipline defines success 💡 Avoid mid-range FOMO. Let price tell the story.
COINBASE:BTCUSD
by MMFlowTrading
GOLD – BREAKOUT OR TRAP BEFORE THE WEEKEND?📊 GOLD – BREAKOUT OR TRAP BEFORE THE WEEKEND? The gold market is showing significant liquidity sweeps this Friday. In the early Asian session, price pushed down to the 327x region, collecting liquidity, before swiftly rebounding. On the M30 chart, multiple Fair Value Gaps (FVGs) have formed and been filled — signaling accumulation and potential setup for a major move. 📉 Technical Perspective: Gold has been moving within a parallel descending channel since yesterday. However, during the late Asian session, we saw the first signs of a possible breakout. If the candle closes above 3,324, this could confirm a breakout — at which point an early BUY entry on the retest would be ideal. 🔥 Fundamental Notes: The market remains highly sensitive to geopolitical news, especially tensions between nations and potential tariff announcements from Donald Trump regarding China. In this climate, trading based on key level reactions is safer than predicting direction. The zones 3,324 and 3,366 will be crucial decision points for bulls and bears. A breakout above 3,366 could shift the short-term trend bullish. 🔺 Key Resistance Levels: 3,345 3,364 3,395 🔻 Key Support Levels: 3,280 3,270 3,256 3,244 3,225 📈 Trade Setup – Friday Strategy: 🔵 BUY ZONE: Entry: 3,280 – 3,278 Stop Loss: 3,274 Take Profits: 3,285 → 3,290 → 3,295 → 3,300 → 3,305 → 3,310 → 3,320 🔴 SELL ZONE: Entry: 3,364 – 3,366 Stop Loss: 3,370 Take Profits: 3,360 → 3,356 → 3,352 → 3,348 → 3,344 → 3,340 → 3,330 ✅ Final Note: Fridays often bring sharp liquidity grabs. Stay cautious, especially with heightened geopolitical tension and pending policy statements from global leaders. Always respect your TP/SL zones to protect your capital. 📌 Let price lead. React to structure. Avoid chasing noise. Wishing all traders a safe and profitable end of the week!
OANDA:XAUUSDLong
by MMFlowTrading
POST-FOMC MARKET OUTLOOK | Is Gold Poised for More Gains?🟡 GOLD 08/05 – POST-FOMC MARKET OUTLOOK | Is Gold Poised for More Gains? After last night’s FOMC meeting, the outcome came in line with expectations — the Fed held rates steady at 4.25%–4.50% and maintained a hawkish tone. Powell reinforced that there is no urgency to cut rates and that future policy will depend on incoming economic data. Despite some dovish hopes from the market, the Fed remained cautious — no pivot, no surprises. 🔥 Geopolitical Tensions: Meanwhile, geopolitical stress between India and Pakistan is escalating again around the Jammu-Kashmir region. This could continue to act as a bullish driver for gold, especially in Asia where safe-haven demand is more sensitive to border conflicts. 🧠 Market View: BUY Setup Still Dominates Over the past few sessions, gold has shown strong accumulation followed by solid bullish momentum. As long as candle structure remains healthy, buying dips near 338x–336x remains the preferred strategy. However, if an unexpected catalyst drives a breakdown below 336x with confirmation from candle close, this could invalidate the short-term bullish bias and open the door for a sell setup, targeting the large liquidity gap between 3354 to 3340. Until then, trade the range — respect top and bottom of key intraday zones. 📉 TECHNICAL ZONES TO WATCH: 🔺 Resistance Levels: 3396 3408 3430 3455 🔻 Support Levels: 3384 3366 3354 3334 🎯 Trade Plan: 🔵 BUY ZONE: 3336 – 3334 SL: 3330 TP: 3340 → 3344 → 3348 → 3352 → 3356 → 3360 🔴 SELL ZONE: 3430 – 3432 SL: 3436 TP: 3426 → 3422 → 3418 → 3414 → 3410 → 3400 ⚠️ Key Event Ahead: Today’s US session brings the Unemployment Claims report — known to trigger high volatility in precious metals. Stay alert, and always wait for confirmation candles before executing trades near critical zones. ✅ Follow for real-time updates and mid-session trade setups. 💬 Drop your view in the comments below – are we going to break higher or revisit liquidity zones?
OANDA:XAUUSD
by MMFlowTrading
Gold Plunges from 3435 After China Rate Cut FOMC Storm Incoming?Gold Plunges from 3435 After China Rate Cut – FOMC Storm Incoming? 📅 May 7, 2025 | XAU/USD Intraday Outlook Gold faced a sharp decline in early sessions today, dropping nearly 800 PIPS from 3,435 down to the 3,36x range. While the fall appeared aggressive, the macro backdrop may provide clues — especially ahead of tonight's high-stakes FOMC meeting. 🔍 What Triggered the Sell-off? 1️⃣ China Cuts Rates by 10bps Unexpectedly: Just ahead of U.S.–China trade talks, China slashed its benchmark interest rate by 10bps. While the move supports Chinese markets, it also boosts the U.S. Dollar (DXY), creating headwinds for gold. 2️⃣ Investors Awaiting FOMC Clarity: Traders are hesitant to buy gold near recent highs, especially with the Fed expected to signal rate direction tonight. There’s growing speculation that today's events are part of a broader setup for potential Fed easing. 3️⃣ Geopolitical Tensions Not Helping Gold – Yet: Despite renewed tensions between India and Pakistan, and a volatile global climate, gold hasn't responded bullishly — a sign that technicals and macro shifts are temporarily outweighing news-based fear. 📈 Technical Analysis – Dual Scenarios in Play Gold is now moving in a wide, volatile range. Liquidity grabs at both ends are likely, and traders should adopt a flexible, confirmation-based approach rather than sticking to one directional bias. 🔺 Key Resistance Zones: 3,390 3,402 3,416 3,432 3,444 3,468 🔻 Key Support Zones: 3,365 3,356 3,332 3,314 🎯 Trade Plan – May 7, 2025 (Pre-FOMC Strategy) 🔵 BUY SCALP • Entry: 3,355 • SL: 3,350 • TP: 3,360 → 3,364 → 3,368 → 3,372 → 3,376 → 3,380 🔵 BUY ZONE • Entry: 3,332 – 3,330 • SL: 3,326 • TP: 3,336 → 3,340 → 3,344 → 3,348 → 3,352 → 3,358 → 3,365 📌 KEY BUY LEVEL to Watch: → 3,314 – 3,312 ⚠️ This is a critical Fibonacci zone. If broken, trend structure may be compromised. Use wide SL (~6 PIPS) with open TP structure. 🔴 SELL SCALP • Entry: 3,430 – 3,432 • SL: 3,436 • TP: 3,425 → 3,420 → 3,415 → 3,410 → 3,400 🔴 SELL ZONE • Entry: 3,468 – 3,470 • SL: 3,474 • TP: 3,464 → 3,460 → 3,455 → 3,450 → 3,445 → 3,440 → 3,430 ⚠️ Final Thoughts: Today’s FOMC statement will likely dominate market direction for the rest of the week. Volatility is expected to increase sharply. With both macro and geopolitical catalysts in play, risk management is non-negotiable. 🔐 Stick to key zones. Avoid trading the news blindly. Wait for price action confirmation — and remember: capital protection beats every setup. 📌 Follow this post to get real-time updates after FOMC and new breakout zones for Thursday.
OANDA:XAUUSDLong
by MMFlowTrading
Gold Surges Amid War Tensions Is This the Start of a New Bull 🟡 Gold Surges Amid War Tensions – Is This the Start of a New Bull Run? 📈 XAU/USD Weekly Outlook – May 6, 2025 Gold made a strong comeback this morning, jumping over 600 PIPS as investor demand surged in response to escalating geopolitical risks and massive physical demand in Asia — particularly from China and Japan. The current breakout momentum suggests a high probability of new ATHs if macro and political tensions continue. 🔥 Why is Gold Rising Again? 1️⃣ Geopolitical Flashpoint: 19+ Ukrainian UAVs struck Moscow overnight. The attack came just ahead of Russia's Victory Day (May 9) — a symbolic blow that rattled global markets. 2️⃣ China Ramping Up Gold Imports: Reports show China has been quietly stockpiling gold at aggressive levels. Institutional and retail demand has returned strongly to the Asian bullion market. 3️⃣ Fear and FOMO in the Market: Asian investors are driving early-session buying frenzies. Technical retracements are being ignored as price accelerates without respecting classic resistance zones. 📊 Technical Outlook – H4 + D1 Focus Gold has successfully defended the 3312 zone and surged past resistance zones with ease. Current MA13/MA34/MA89 crossovers on higher timeframes confirm a trend reversal and sustained bullish momentum. 🔑 Key Technical Zones to Watch: 🔻 Support Levels: 3355 3335 3313 🔺 Resistance Levels: 3380 3405 3443 3470 🎯 Trade Plan for May 6 – BUY Bias Dominant 🚫 Avoid SELL positions unless confirmed exhaustion appears — momentum is extremely bullish and politically driven. 🔵 BUY ZONE #1: Entry: 3314 – 3312 SL: 3308 TP: 3318 → 3322 → 3326 → 3330 → 3340 → 3350 → ??? 🔵 BUY ZONE #2: Entry: 3335 – 3332 SL: 3329 TP: 3340 → 3344 → 3348 → 3352 → 3356 → 3360 🔴 SELL ZONE (High Risk): Entry: 3343 – 3345 SL: 3359 TP: 3339 → 3335 → 3330 → 3326 → 3320 🧭 Final Thoughts Gold is currently in hyper bullish mode. Key level 3313 is now confirmed as a volume-based support (VPOC + FIBO 0.5) and will likely be the base for the next wave. As global headlines point to uncertainty, investors are shifting capital back into gold, supported by physical buying from China. 💬 Patience and proper entry are key. Avoid early sell traps. Focus on the Asia-led FOMO rallies and align your strategy with safe-haven flows.
OANDA:XAUUSDLong
by MMFlowTrading
GOLD - Will Geopolitical Shocks Fuel a Bigger Rally?🚨 GOLD SURGES IN ASIA OPEN – Will Geopolitical Shocks Fuel a Bigger Rally? Gold opened the week with a powerful bullish spike in the Asia session, rallying nearly $30/oz amid renewed global tensions and policy uncertainty. The strong upside momentum marks a potential shift in sentiment after recent corrections. 🌍 What’s Driving the Market? 🔺 Geopolitical Risks Back on the Radar: Tensions are rising again between Russia–Ukraine and India–Pakistan with no clear diplomatic resolution in sight. This reintroduces safe-haven demand for gold as global uncertainty climbs. 🔺 Trump’s Pressure on the Fed: Former President Trump has urged the Fed to cut interest rates sooner, adding further speculation ahead of the FOMC meeting this week. These combined factors have sparked strong buying interest right from the Asia open, with the yellow metal attempting to reclaim lost ground from previous sessions. 📈 Technical Overview (H1 – H2 Focus): 🟢 Key Support Zones: 3250 3246 3238 3224 3204 🔴 Key Resistance Zones: 3278 3288 3301 3314 🎯 Trade Setup for the Day: 🔵 BUY ZONE: 3246 – 3244 SL: 3240 TP: 3250 → 3254 → 3258 → 3262 → 3266 → 3270 → 3280 🔴 SELL ZONE: 3300 – 3302 SL: 3306 TP: 3296 → 3292 → 3288 → 3284 → 3280 → 3270 ⚠️ Final Notes: With the FOMC meeting ahead and geopolitical developments unfolding, traders should expect heightened volatility this week. Gold may continue to attract safe-haven flows if headlines escalate, but any dovish surprise from the Fed could accelerate the rally even further. 📌 Stay alert. Let price come to your zones. Trade the reaction, not the assumption.
OANDA:XAUUSDLong
by MMFlowTrading
1
GOLD - Will FOMC and Tariff Talks Decide the Next Big Move?💥 GOLD WEEKLY OUTLOOK – Will FOMC and Tariff Talks Decide the Next Big Move? As we head into a critical trading week, gold is at a crossroads, navigating through conflicting macro signals and important structural levels. Last week’s developments — ranging from strong US NFP data to China’s unexpected SGX:40B tariff waiver — have significantly reshaped sentiment in the precious metals market. 🌐 Macro Backdrop – Shift in Global Risk Tone 🔹 China’s Tariff Waiver on selected US goods hints at improving trade ties. This eases geopolitical risks and reduces the urgency for safe-haven assets like gold. 🔹 Stronger-than-expected NFP (Nonfarm Payrolls) further solidifies a hawkish bias for the Fed. A robust labor market may push the Fed to maintain higher rates for longer. 🔹 DXY & Bond Yields are holding firm. A stronger USD and rising yields typically weigh on gold — unless major risks re-emerge. 📌 FOMC Meeting This Week – Traders are now watching the Fed’s next move closely. Any dovish tone could fuel gold’s rebound. A surprise hawkish tone? Expect further selloffs. 🔍 Technical Landscape (H4 + Daily Focus) Gold is currently forming a descending wedge pattern, with lower highs and solid support holding around the 3,224 – 3,204 zone. Last week’s rejection at the 3,277 resistance aligns with macro-driven selling pressure. However, price continues to respect key Fibonacci levels and internal trendline dynamics, suggesting a potential for large breakout movement after FOMC. 🔺 Key Resistance Levels: 3,240 3,250 3,264 3,277 3,311 🔻 Key Support Levels: 3,224 3,210 3,204 🎯 Trade Plan – Week of May 6th, 2025 🔵 BUY ZONE A: 3,204 – 3,202 SL: 3,198 TP: 3,208 → 3,212 → 3,216 → 3,220 → 3,225 → 3,230 🔴 SELL ZONE: 3,276 – 3,278 SL: 3,282 TP: 3,272 → 3,268 → 3,264 → 3,260 → 3,250 → 3,240 ⚠️ Key Risks to Monitor This Week: 🏛 FOMC Statement & Powell’s Press Conference → Any hint of rate cuts = Gold bullish → Any reaffirmation of higher for longer = More downside 💼 Trade Developments (US–China) → Further easing of tariffs = Negative for gold → Any new friction = Potential rebound 📉 DXY & Bond Yields → Keep an eye on Dollar strength. If DXY breaks above 106.5, gold may face deeper pressure. 🧠 Final Thoughts: The gold market is no longer driven by one-sided risk-off flows. As macro tensions ease, gold is transitioning into a more range-bound, news-driven phase. This week is all about reaction, not prediction. Let the market come to your zone. Wait for confirmation before executing. The best trades come from discipline — not prediction. 📌 Follow this account for real-time updates during FOMC and Friday’s CPI preview.
OANDA:XAUUSD
by MMFlowTrading
Gold’s Calm Before the US Data Storm – Are You Ready?Consolidation Continues Amid Global Holidays – Is Gold Gearing Up for Another Leg? 🌐 Fundamental Insight: After last week’s historic rally toward $3,500/oz, gold has entered a cooling phase as markets digest evolving geopolitical developments and economic signals. The recent de-escalation in US-China trade tensions, triggered by President Trump’s plan to ease tariffs on auto parts and imports, has reduced immediate risk sentiment. China’s response — lifting retaliatory duties on select US goods — further eased tensions, leading to a safe-haven selloff in precious metals. However, with uncertainty still looming ahead of this week’s US labour data (ADP + NFP), investors remain cautious. Adding to this, today’s Bank Holidays in parts of Asia and Europe are contributing to reduced trading volumes. A sideways market with erratic moves is likely until the US session opens, where higher volume and stronger direction may emerge. 🔍 Technical Picture (H1 – H4 Outlook): Gold is currently forming a compression pattern between the 3278 resistance zone and the 3196 demand area. Price is holding above key structure support near 3192, indicating buyer interest remains intact. The market may continue to oscillate in this tight intraday range before US traders step in. All eyes are now on upcoming ADP employment data — often a lead indicator for Friday’s NFP — which could provide the next directional push. 🔺 Key Resistance Zones: 3248 3260 3278 🔻 Key Support Zones: 3230 3225 3215 3196 🎯 Trade Strategy – April 30 🔵 BUY ZONE: 3198 – 3196 Stop-Loss: 3192 Take-Profits: 3202 → 3206 → 3210 → 3215 → 3220 → 3225 → 3230 🔴 SELL ZONE: 3276 – 3278 Stop-Loss: 3282 Take-Profits: 3272 → 3268 → 3264 → 3260 🧠 Note: Short-term traders may consider scalping within the range, while swing traders can wait for a break and retest of either key zone before committing with volume. ⚠️ Things to Watch Today: Thin liquidity due to Labour Day holidays across Asia & Europe ADP report release in the US session (potential volatility spike) End-of-month candle close — watch out for liquidity grabs and false breakouts US 10Y bond yields and DXY movements will continue to influence gold sentiment 📌 Final Thoughts: Gold is in pause mode, but not for long. The market is clearly building energy ahead of high-impact US data. With the broader trend still bullish and structure holding above 3190s, we stay cautiously optimistic — but flexible. Risk management will be critical today. Expect the unexpected during low-volume sessions and be prepared for sharp moves when the US opens. 📈 Stay disciplined. Respect your zones. And let the data lead the way.
OANDA:XAUUSDShort
by MMFlowTrading
1
XAU/USD Outlook – Will This Tight Range Explode Soon?🔥 XAU/USD Outlook – Will This Tight Range Explode Soon? 📊 Technical Overview: Gold (XAU/USD) has entered a consolidation phase after last week's sharp swings. The market is currently trapped within a tightening structure between 3,274 and 3,336, forming a potential wedge or triangle pattern. This type of structure often precedes a breakout. Price is still hovering below the 200 EMA on the H1 timeframe, while key support zones are starting to show signs of buying interest. A hold above 3,301 could lead to a potential rally toward the upper resistance levels at 3,352 – 3,366. 🔺 Key Resistance Levels: 3,336.767 3,352.159 3,357.689 3,366.067 🔻 Key Support Levels: 3,301.370 3,291.885 3,274.779 🎯 Trade Setups: 🔵 BUY ZONE: Entry: 3,274 – 3,276 SL: 3,270 TP: 3,284 – 3,291 – 3,301 – 3,336 🔴 SELL ZONE: Entry: 3,357 – 3,366 SL: 3,370 TP: 3,336 – 3,301 – 3,291 📰 Today’s Market Focus: No major economic data is expected today. However, markets may begin pricing in expectations ahead of this week’s key releases — ADP Employment Change and Nonfarm Payrolls (NFP). Geopolitical tensions in South Asia and statements from FED officials may act as surprise catalysts for gold volatility. 🧭 Conclusion: Gold remains stuck in a tight sideways channel. Traders should continue range trading while waiting for a confirmed breakout. A strong breakout above 3,366 or breakdown below 3,274 will set the tone for the next directional move. 👉 Trade smart and manage your risk. All eyes on U.S. data and geopolitical headlines!
OANDA:XAUUSDLong
by MMFlowTrading
Bearish Setup in Gold: Breakdown Confirmed with Strong Volume!Hey, what's up Traders! I’ve been watching Gold closely, and it seems like we’re seeing a descending channel setup. After hitting the top, it’s now testing the lower boundary. If Gold can't hold this support level, we could see a nice downward move. The entry range I’m eyeing is around 3275-3295 , with a stop loss just above at 3239 . 1st target : 3209 2nd target : 3160 Final target : 3120 The volume behind this move suggests we might see more selling pressure. If Gold breaks through the lower trendline, the downside move could gather more momentum. As always, let’s manage risk carefully, stay sharp, and watch the price action closely! Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions. If you found this helpful? Don’t forget to like, share, and drop your thoughts in the comments below.
TVC:GOLDShort
by TraderRahulPal
15
Trading Plan – April 28, 2025: GOLD (XAU/USD) Strategy🌟 Daily Trading Plan – April 28, 2025: GOLD (XAU/USD) Strategy 📈 Technical Overview: After the strong sell-off last week, gold is now consolidating around the key support zone 3260–3270. Price action is tightening, forming a symmetrical triangle pattern on the M15 timeframe. The MA 13 – 34 – 200 alignment suggests a short-term bearish trend, but selling momentum is weakening. The chart indicates a potential retest towards resistance levels before deciding the next major move. 🎯 Key Price Zones to Watch: Immediate Resistance: 3299 – 3313 Major Support: 3260 – 3268 – 3239 Potential Rebound Target: A retest towards 3299 – 3313 before a possible sell-off resumes. 📌 Trading Scenarios: Primary Strategy: Look for short-term BUY setups near the 3260–3268 support zone, aiming for a corrective move towards resistance, then watch for SELL signals. 🎯 Detailed Plan: 🔵 BUY Zone: 3260 – 3258 Stop Loss: 3254 Take Profit: 3264 – 3268 – 3272 – 3276 – 3280 – 3290 🔴 SELL Zone: 3299 – 3301 Stop Loss: 3306 Take Profit: 3294 – 3290 – 3286 – 3282 – 3275 📢 Important Notes: Today's price range could move between 60–80 pips, with no major economic events scheduled. However, the market remains highly sensitive to geopolitical news, especially concerning India–Pakistan tensions and U.S.–China relations. Always stick to your TP/SL plans and avoid FOMO during rapid price movements. ✅ Summary: This is a high-sensitivity period for gold. Prioritize trading high-probability setups: BUY at support – SELL at resistance, and only scale in positions after clear confirmation!
OANDA:XAUUSDShort
by MMFlowTrading
2
Gold Retreats as Trump’s Trade Talk Flip Sparks CautionGold Retreats as Trump’s Trade Talk Flip Sparks Caution – Friday Volatility Expected 💥📉 🟡 Market Recap & Sentiment Gold prices jumped over 1% this week, reaching around $3,500/oz, as investors sought safe-haven assets amid a weakening USD and global uncertainty. However, analysts believe this Price surge is driven by greed and needs a healthy correction. “Gold might consolidate in the near term, but we’re still in a bull market. Dips will be bought,” said analyst Wong. Meanwhile, the US Dollar and equities are losing their appeal as investors digest contradictory signals from President Trump. He confirmed that US-China trade negotiations are ongoing, while China denied any talks – sending shockwaves across markets and triggering a sharp pullback in gold during the Asian session. This political flip-flop is adding confusion, and traders are advised to stay cautious before jumping into any positions. 📉 Fundamental Triggers Today Core Retail Sales (US) – releasing later today during the US session. It’s also Friday – which means potential for weekly candle closure volatility and liquidity grabs. Coupled with the ongoing tariff headlines and geopolitical drama, today could be extremely unpredictable. 📍 Key Levels to Watch Resistance: 3366 – 3384 – 3406 – 3428 – 3445 Support: 3308 – 3288 – 3270 🔹 Trade Setup Suggestion 🔸 BUY ZONE: 3288 – 3286 SL: 3282 TP: 3292 – 3296 – 3300 – 3304 – 3310 🔸 BUY ZONE: 3270 – 3268 SL: 3264 TP: 3274 – 3278 – 3282 – 3286 – 3290 🔻 SELL ZONE: 3384 – 3386 SL: 3390 TP: 3380 – 3376 – 3372 – 3368 – 3364 – 3360 – ??? 🔻 SELL ZONE: 3406 – 3408 SL: 3412 TP: 3400 – 3396 – 3392 – 3388 – 3384 – 3380 – 3370 – 3360 ⚠️ Risk Management Reminder Be cautious today – it’s a Friday with major data and geopolitical uncertainty. ✅ Always respect TP/SL levels. ✅ Let the market show confirmation before entering positions. Sit tight and let the market come to your zone – don’t rush in with FOMO during uncertain sentiment.
OANDA:XAUUSDShort
by MMFlowTrading
Gold Surge: 80 Price Bounce from Key Support Gold Surge: 80 Price Bounce from Key Support – What’s Next for the Market? 💰📈 Market Overview: Gold has surged by 80 pips today, bouncing from the support level at the end of the U.S. session yesterday after liquidity was swept at the 3260 zone. Investors are now looking to buy the dip after the 250+ pip drop in gold over the past few days. Currently, after the strong 80 pip rally, gold is consolidating at the 0.382 Fibonacci retracement zone, with selling pressure mounting. Key Price Levels to Watch: Resistance: 3343, 3358, 3376, 3410, 3446 Support: 3210, 3286, 3275, 3230 Market Sentiment: There’s a strong sell reaction at current levels, which suggests that the price could continue to push lower in both the Asian and European sessions to fill liquidity in the Fair Value Gap (FVG). After the 80 pip rally and 40 pip reaction, the market seems to be consolidating between 3328 and 3320. We expect a price movement range of 80-100 pips today, so caution is advised, especially around key levels at 3376-3378, where a potential sell can be placed. Next Potential Movements: If gold fails to break through the 3376-3378 resistance zone, we could see a continuation of the downward move. If the 3376-3378 zone holds strong, this could be a good opportunity to sell. Should the price break through this zone, we’ll observe the next key resistance around 3410. A break above 3410 could signal a reversal to the upside, turning the trend into a BUY instead of SELL. Today's Strategy: For today, the focus will be more on SELL opportunities as gold pushes back to fill the FVG liquidity around 3288. Once we see how the price reacts at these levels, we can start planning for BUY entries. Watch out for Unemployment Claims data from the U.S. later in the session, as this could trigger volatility. Be cautious when trading around news events, especially in a sensitive market. Trade Setup: BUY ZONE: 3230 - 3228 SL: 3224 TP: 3234 - 3238 - 3242 - 3246 - 3250 - 3254 - 3260 SELL ZONE: 3376 - 3378 SL: 3382 TP: 3372 - 3368 - 3364 - 3360 - 3355 - 3350 SELL ZONE: 3408 - 3410 SL: 3414 TP: 3402 - 3398 - 3394 - 3390 - 3386 - 3382 - 3375 - 3370 Risk Management: It’s important to manage your risk appropriately given the current market conditions. Ensure you’re following your TP/SL levels strictly to protect your capital from market volatility.
OANDA:XAUUSDShort
by MMFlowTrading
2
Gold Faces 200 Pips Drop – Will It Recover or Continue Falling?Gold Faces 200 Pips Drop – Will It Recover or Continue Falling? 🔥📉 Market Overview: Gold (XAU/USD) saw a sharp drop of nearly 200 pips yesterday, falling from the historic high of around $3500 to $3318. This marks the strongest correction in the recent bullish trend. The market is currently volatile, and the question is whether gold will find support at lower levels or continue its downward movement. What’s Causing the Drop?: Fed Rate News: The latest news from the Federal Reserve triggered strong profit-taking, which resulted in the sharp decline. USD Technical Rebound: The USD has rebounded after significant losses, putting pressure on gold. Market Sentiment Shift: Investor sentiment changed rapidly, leading to mass sell-offs. Key Levels to Watch: Support: 3300-3320 (Critical level for a potential bounce) Resistance: 3378-3380 (Key resistance area) Next Steps for Gold: Support at 3300-3320: If gold holds above this range, a strong recovery could follow. Break below 3300: A breakdown below 3300 may lead to further declines, potentially towards the next support at 3250. Trading Strategy: SELL ZONE: 3378 - 3380 SL: 3384 TP: 3374 - 3370 - 3366 - 3362 - 3358 - 3350 SELL ZONE: 3408 - 3410 SL: 3414 TP: 3404 - 3400 - 3396 - 3392 - 3386 - 3380 BUY ZONE: 3292 - 3290 SL: 3286 TP: 3296 - 3300 - 3304 - 3308 - 3312 - 3316 - 3320 Important Notes: Risk Management: Due to high volatility, make sure to use appropriate stop losses (SL) and take profits (TP). Watch for Key Levels: Pay close attention to the 3300-3320 zone for signs of a potential bounce or further breakdown. Adapt to Market Movement: Given the uncertainty, stay flexible and adjust your strategy accordingly. Conclusion: Gold’s market is in a highly volatile phase. Key support and resistance levels will determine the next move. Keep a close eye on market reactions and act accordingly.
OANDA:XAUUSDShort
by MMFlowTrading
2
Buying Opportunities Based on Key Support and Resistance LevelsGold Strategy for Today: Buying and Selling Opportunities Based on Key Support and Resistance Levels 📈💰 Market Overview: Gold (XAU/USD) is currently trading in a narrow range, with slight pullbacks but maintaining its upward trend. Below are the key levels that traders should pay attention to today: Key Support Levels: 3,353.708: A strong support level, potentially a good buy entry if gold pulls back to this level. 3,334.067: Another support zone to keep an eye on for potential bounce if buying pressure remains strong. Key Resistance Levels: 3,412.327: The primary resistance level; if gold breaks above this, it could continue pushing upwards. 3,419.386: The next significant resistance zone; watch for price action around this level. Trading Strategy: BUY ZONE: 3,353 - 3,334 SL: 3,328 (Stop loss to ensure protection) TP: 3,368 - 3,380 - 3,390 - 3,400 - 3,420 SELL ZONE: 3,412 - 3,420 SL: 3,430 (Stop loss to ensure protection) TP: 3,400 - 3,390 - 3,380 - 3,370 - 3,360 Outlook: Gold is still in a strong uptrend, with key support levels at 3,353 and 3,334 providing good buying opportunities. However, as the price approaches resistance levels at 3,412 and 3,419, caution is advised when selling if the price fails to break through and continues higher. Short-Term Strategy: During the Asian and European sessions, traders can look for buy opportunities at the nearest support levels if the price pulls back while maintaining its upward momentum. If the price reaches key resistance zones, consider selling with clear reversal signals. Important Reminder: Always stick to your TP/SL levels to ensure risk management and avoid large losses during volatile market conditions.
OANDA:XAUUSDLong
by MMFlowTrading
Consolidation Phase Before Breakout – Key Levels to Watch Bitcoin Technical Analysis: Consolidation Phase Before Breakout – Key Levels to Watch 📈💰 Market Overview: Bitcoin (BTC/USD) is currently navigating through a consolidation phase, forming a symmetrical triangle pattern on the 4-hour chart. The price action has been fluctuating between significant resistance at 86,594 and support at 78,725. As we approach the apex of the triangle, volatility is expected to rise, and a breakout from this range could set the direction for the next major move in Bitcoin's price. Key Technical Levels: Resistance: 86,594, 88,753 Support: 78,725, 75,102 Technical Indicators: Bitcoin is holding above both the 50-day and 200-day moving averages (MA), confirming the overall bullish structure in the market. The price’s proximity to key resistance levels suggests that BTC is preparing for either a breakout or a pullback. Currently, BTC is testing the upper trendline of the triangle, which means the market is gearing up for a potential decisive move. A break above the 86,594 level could send the price toward 88,753, and potentially higher, with 91,000 as a psychological target. Chart Analysis: Symmetrical Triangle Pattern: Bitcoin’s price movement has been restricted within the triangle’s boundaries. If the price breaks the 86,594 resistance, we could see BTC push to 88,753, and possibly even 91,000. However, if the breakout fails, BTC might retrace to the support levels at 78,725 or 75,102, which could provide better entry points for long positions. The formation of the triangle indicates that the market is waiting for a clear direction. A breakout will likely be followed by a sharp movement either upwards or downwards, so traders should be prepared for a spike in volatility. Macro Factors and Market Sentiment: Geopolitical Tensions and Economic Uncertainty: The ongoing geopolitical tensions between major global economies, particularly the U.S. and China, have increased demand for safe-haven assets like Bitcoin. In addition, global inflation concerns continue to push investors toward digital gold as a store of value. U.S. Federal Reserve Policies: The Fed’s actions regarding interest rates and monetary policy will have a direct impact on Bitcoin’s price. Any dovish stance or indications of more easing could benefit Bitcoin, as it is seen as a hedge against inflation and currency devaluation. Market Outlook: Bullish Scenario: A breakout above 86,594 could lead Bitcoin towards 88,753 and potentially 91,000. With Bitcoin’s bullish setup and safe-haven status, the next move might be strongly in favor of the bulls. Bearish Scenario: If Bitcoin fails to break through resistance, we might see a retracement towards the support zones at 78,725 or 75,102, where buying opportunities may arise. Trading Strategy: BUY Zone: 78,725 - 75,102 (Look for a confirmation above support levels) SELL Zone: 86,594 - 88,753 (Watch for a breakout above resistance for further upside) Conclusion: Bitcoin’s current consolidation phase has set the stage for a potential breakout. The price is testing crucial resistance levels, and the next few days could determine whether BTC will make a new push towards ATHs or pull back to retest lower levels. With the broader economic and geopolitical conditions favoring Bitcoin as a hedge, the long-term outlook remains bullish, but short-term volatility is expected.
BITSTAMP:BTCUSDLong
by MMFlowTrading
GOLD WEEKLY OPEN – Sellers Hit Early, But Market Psychology🟡 GOLD WEEKLY OPEN – Sellers Hit Early, But Market Psychology Will Lead the Way Gold kicked off the new week with a sharp drop during the Asian session, falling over 40 points from the previous highs (around 3018) down into the 297x zone. This reflects lingering sell pressure from the previous week’s volume. However, gold quickly bounced back by nearly 40 points, confirming strong buy interest around 297x — a key level on the higher timeframes. 📌 This 297x zone is a critical support on H4/D1. A confirmed break below it could open the door for a deeper sell-off into 295x and beyond. 🔍 Technical Overview: The broader trend on H4 and D1 still leans bullish. However, psychological reactions from market participants are currently stronger than clean technical patterns. On H1 and H2, price is now reacting to the 0.5 Fibonacci retracement. A close below 3030 could trigger a renewed bearish move toward the 295x target. 🧠 Sentiment Will Drive Direction: So far, only Asian and Australian sessions have participated. We’ll need to monitor the London & US sessions closely to confirm directional conviction. This is a sentiment-led market, not one purely ruled by structure → only trade from key zones with clean reaction signals. 🧭 KEY PRICE LEVELS: 🔺 Resistance: 3055 – 3076 – 3107 🔻 Support: 3024 – 3005 – 2970 – 2952 🎯 TRADE PLAN 🟢 BUY ZONE: 2980 – 2978 SL: 2974 TP: 2984 – 2988 – 2992 – 2996 – 3000 🔴 SELL ZONE: 3076 – 3078 SL: 3082 TP: 3072 – 3068 – 3064 – 3060 – 3056 – 3050 📅 Important this week: Major data coming: CPI – PPI – FOMC Speeches → Expect potential spikes midweek. Stay alert, and I’ll update key reaction zones as the sessions unfold. Stick to clear plans and always use TP/SL — capital protection comes first. Good luck team, — AD | Money Market Flow
OANDA:XAUUSDShort
by MMFlowTrading
GOLD ANALYSIS – NEW ATH AFTER TRADE TARIFF SHOCK!📊 GOLD ANALYSIS – NEW ATH AFTER TRADE TARIFF SHOCK! Former U.S. President Donald Trump has officially announced a comprehensive global tariff policy, targeting multiple countries and regions. This unexpected move triggered strong risk-off sentiment, resulting in: 📉 Massive asset sell-offs 💵 A sharp decline in USD strength 🪙 And another all-time high (ATH) for GOLD Gold broke out aggressively from a long-standing sideways triangle pattern, confirming strong bullish momentum. The counter-tariff reactions from other countries were far more aggressive than forecast, further fueling gold’s safe-haven appeal. 🔍 Technical Perspective Yesterday, we successfully identified and traded within the triangle pattern by connecting recent highs and lows. The breakout came exactly as expected, especially nearing the end of the consolidation range — a classic price behavior traders should always watch for! Now that the breakout has occurred, our focus shifts to BUYING on a retest of the breakout zone. Early entries during the Asian and European sessions are preferred, while we’ll reassess during the U.S. session due to upcoming economic data. 🔔 Note: With major events like Nonfarm Payrolls (NFP) coming soon, stay alert for volatility and unexpected moves. 📌 Key Resistance Levels: 3167 (ATH) - 3175 - 3185 - 3198 - 3206 (psychological/Fibonacci extensions – wait for candle confirmation) 📌 Key Support Levels: 3140 - 3132 - 3120 🎯 Trade Setups BUY ZONE: 3132 – 3130 Stop Loss: 3126 Take Profits: 3136 – 3140 – 3144 – 3148 – 3152 – 3156 – 3160 SELL ZONE: 3185 – 3187 Stop Loss: 3191 Take Profits: 3180 – 3176 – 3172 – 3168 – 3160 ⚠️ Final Notes: The uptrend is clearly dominant — no need to FOMO sell at current highs. Be patient, wait for the market to reach key resistance zones (psychological or Fibonacci-based), then reassess. 📌 Avoid overtrading or aggressive selling — the tariff announcement is a global macro driver with deep market impact. We’ll wait for Friday’s NFP to reassess broader sentiment. As always: Respect your TP/SL levels to protect your capital. Stay safe & trade smart! 💼📈
OANDA:XAUUSDLong
by MMFlowTrading
1