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XAUUSD: 4541 liquidity trap – is POC 4707 next?Gold Probes Liquidity Below 4560 as 4707 Sell Zone Caps Recovery Gold is showing renewed short-term weakness on the 1H chart as price remains heavy beneath the 4707 sell zone. With technical pressure building and price rotating away from the upper value area, the market is shifting into a more cautious and corrective structure focused on lower liquidity clusters. Market Context From a technical perspective, gold is weakening after failing to reclaim the high-volume area near 4707. This zone is marked clearly on the chart as the main Sell Zone POC (Point of Control), which makes it even more relevant from a volume perspective as it represents the level with the highest traded volume in the recent range. Price has spent several sessions rotating significantly below that area, and the recent move suggests that market participants are choosing to fade rebounds rather than chase higher prices. The failure to sustain any recovery back toward the POC confirms that supply remains active at higher levels. Technical Structure The current chart structure highlights a market losing strength as it slides away from the 4658 support strong level. After breaking below this former support, the area has now flipped into a technical hurdle that caps immediate upside momentum. Price is currently pressing into the Buy Zone Liquidity 4541, which stands out as a critical area where buyers have previously attempted to respond. What matters here is the interaction with the descending trendline: the market is squeezed between the overhead pressure and the immediate liquidity floor. Volume profile data supports this bearish rotation, as the "value" is clearly shifting lower. The rejection from the 4707 POC looks less like a temporary pause and more like continuation pressure inside a broader corrective move toward deeper support zones. Key Levels Sell Zone / POC Resistance: 4707 Former Support / Resistance: 4658 Near-term Liquidity Support: 4560 Major Buy Zone Liquidity: 4541 Scenario & Expectation The preferred scenario remains a bearish rotation unless gold can reclaim and hold above the intermediate resistance levels. As long as price stays below the 4658 handle, the market may continue to trade with a heavy tone and extend its probe into the 4541 Buy Zone. This area is the next major level where institutional buyers may attempt to re-engage, potentially creating a "Liquidity Sweep" before any meaningful bounce can occur. On the other hand, if gold manages to break the current descending trendline and reclaim 4658, the immediate downside pressure would begin to soften. This would shift the focus back toward a retest of the 4707 POC, requiring a neutral reassessment of the short-term structure. Conclusion Gold is currently trading in a weaker short-term structure, with the 4707 sell zone continuing to cap recovery attempts and price rotating toward the 4541 liquidity floor. The chart shows that sellers still have the upper hand for now as the market searches for a firm bottom. Unless the broken resistance is reclaimed decisively, the market continues to favor a move toward 4541 first, which stands out as the next major reaction zone below. Disclaimer: This analysis is for educational purposes and reflects technical market structures; it does not constitute financial advice.
OANDA:XAUUSDLong
by Lilybelle_gl
XAUUSD Elliott Wave: Wave 3 Buy SignalMarket Structure & Wave Count Wave (1) Completion: The initial impulsive move to the downside has concluded, establishing a structural low. Wave (2) Retracement: Price has completed a technical correction, successfully retesting the Sell Zone Wave 2 at the 4,640.561 level. Wave (3) Confirmation: Strong price rejection at the current resistance confirms the end of the corrective phase and the start of Impulsive Wave (3)—typically the most powerful move in an Elliott Wave sequence. Key Technical Levels Primary Sell Zone: 4,625 – 4,640. This supply cluster is where institutional bears have re-established dominant short positions. Interim Support: 4,547 (Buy Scalping Zone). Expect minor reactionary bounces here; however, this level is unlikely to hold against the momentum of Wave (3). Downside Target: 4,351.913. This represents the high-probability Fibonacci extension target for the completion of the current impulsive leg. Execution Strategy Bias: Heavily Bearish. Focus exclusively on high-probability short setups. Action Plan: Utilize minor intraday retracements to build short exposure. A sustained break below the 4,510.286 low will confirm the acceleration phase of Wave (3). Invalidation: Any daily close above the 4,640.561 peak invalidates the current wave count. Outlook The price path is projected to expand lower through a 5-wave internal sub-structure, aiming for the major liquidity pool near 4,350. Patience is the key. Trade the plan.
OANDA:XAUUSDShort
by Kelly_Koou_Gold
GOLD May 1 | Support Holds. Bounce in Play. Volume MissingThe 4530-50 major support area did its job again. Gold tested it on Wednesday, bounced yesterday with a solid green candle, and is now at 4618. Every time price touches 4530-50, buyers step in. The support is real. But here is the concern. Look at the volume bars on the chart. They are shrinking. Yesterday's bounce happened on low volume. A bounce without volume is a bounce without conviction. It could be short covering rather than fresh buying. We need follow through today to confirm this is more than a dead cat bounce off support. # The chart: The daily picture is clear. Price is respecting the range we have been tracking for weeks. The major support area at 4530-50 continues to hold. The bounce is happening. But the descending trendline (red) from the 4,892 high and the 4,590-4,650 zone are now the immediate resistance overhead. Wednesday's low is the key level to watch. If price breaks below Wednesday's low on a daily close, this bounce is a failure and 4,497 (0.5 Fib) and 4,404 (0.618 Fib) become the next targets. As long as Wednesday's low holds, the range is alive and the bounce has room to run toward 4,650 and potentially 4,706 (0.236 Fib). # Levels: 4706 -- 0.236 Fib / upper range resistance 4650 -- primary resistance / descending trendline area 4590 -- 0.382 Fib 4530-50 -- MAJOR SUPPORT. Held many times. Each test weakens it. 4497 -- 0.5 Fib. Next stop if support breaks. 4404 -- 0.618 Fib # Today : ISM Manufacturing PMI drops today. A reading below 50 signals manufacturing contraction. If the economy is contracting while inflation stays elevated at 3.3%, the stagflation narrative strengthens. That is a slow burn positive for gold, but not the kind of catalyst that breaks the range immediately. It builds the case for eventual rate cuts, which is what gold ultimately needs. The support is holding. The bounce is in play. But volume needs to confirm. If today closes green with increasing volume above 4620, the short term recovery has legs toward 4650-4,700. If volume stays weak and price fades, we are just drifting inside the range waiting for the next trigger.
OANDA:XAUUSD
by TheGoldenCircle
Gold Falling Channel Breakout Analysis (XAUUSD – 4H Timeframe)Gold Analysis (XAUUSD – 4H): Gold, which was in a clear bearish phase (LH–LL structure), is now breaking out of the descending channel on the upside, signaling a potential trend reversal. A strong breakout above $4650 will act as confirmation of bullish momentum. Once sustained above this level, we can expect a fresh upside rally towards $4880 in the coming days. Fundamentally, this move can be supported by cooling geopolitical tensions between the US and Iran, as easing conflict typically stabilizes oil and inflation expectations—creating a favorable environment for gold to recover. Key Levels & View: ➡️ Breakout Level: $4650 ➡️ Target: $4880 ➡️ Bias: Bullish after confirmation ➡️ Cool off Crude oil from $111 levels (morning IST on 30-04-2026) ➡️ Trigger: Cooling global tensions + Weaking Dollar + technical breakout Disclaimer: This analysis is for educational purposes only and not financial advice. Markets are subject to risk and volatility—always do your own research and manage risk properly before trading.
OANDA:XAUUSDLong
by crypto_yogesh
XAUUSD Intraday Plan — Sideways, Favor Selling the RallyGold swept down to 4542 and then rebounded strongly to 4643, showing solid short-term recovery momentum. Price is now approaching the upper resistance zone. From my perspective, gold is still moving sideways within a short-term range. Resistance 4644 | 4666 | 4680 | 4700 Support 4500 | 4520 | 4540 | 4575 Bias Prefer selling at resistance zones. Short-term buy scalps at support are possible if clear price reactions appear. Main Idea The market is in a consolidation phase, so range trading is preferred. Only shift to bullish if price breaks and holds above 4700. “In a sideways market, profits come from discipline, not prediction.” Will you sell the highs or scalp the lows? Share your view.
TVC:GOLDShort
by Chum_trades
GOLD ANALYSIS (DAILY CHART)Multiple factors signaling further BEARISHNESS: A. Technical Factors 1. Yesterday, the prices closed below the daily pivot and marked iFVG and are still trending lower 2. Prices are trending below 20/50 & 100 EMA & might fall to test 200 EMA (3854) 3. The prices might fall lower to test the golden fib zone between 4500 & 4400, or lower towards the 4325 level (demand order block) 4. Minor pullbacks (till 4600-4640 zone) cannot be rejected as RSI is testing the oversold zone ----------------------------------------------------------------- B. Fundamental/ Geopolitical Factors 1. The US Fed left its policy rate unchanged as expected - NO CUTS 2. The bank (POWELL) in fact delivered a more hawkish message amid rising inflation concerns. 3. Four policymakers argued that the Fed should no longer signal any bias toward easing rates A strong hawkish stance 4. On the other hand, the oil prices tested record highs 5. WTI advances above $105.50 as Iranian ports' blockade deepens 6. President Trump said Wednesday that the naval blockade on Iran will continue until Tehran agrees to a nuclear deal. Overall: 1. Hawkish Fed = Strong Dollar = Weak Gold 2. High Oil prices = High inflation = Rise in Interest Rates = Strong Dollar = Weak Gold 3. Oil is traded in petro-dollars. Significant increases in oil prices create demand for the US dollar, making Gold weaker
FX_IDC:XAUUSDShort
by tanmay_agrawal
2
Gold rises post-FOMC; H2 favors selling.Gold is rebounding after the FOMC, but the broader macro backdrop still does not support a clean bullish reversal. The Fed kept rates unchanged and signaled that inflation remains a concern, especially with global energy prices still elevated. That keeps pressure on gold because firmer yields and a stronger USD continue to limit upside momentum. Market View H2 structure still leans bearish Price remains inside a descending channel The current move looks more like a technical rebound than a confirmed reversal The nearest key resistance is around 4,648, while the main support sits at 4,518 Key Zones 4,648.521 → main resistance 4,605.934 → intermediate reaction zone 4,568.806 – 4,561.760 → current short-term support 4,518.029 → main support Trading Plan If price rebounds but fails below 4,648 → gold may rotate back toward 4,568 – 4,561 If the 4,568 – 4,561 zone breaks clearly → downside may extend toward 4,518 If 4,648 is reclaimed and held → the post-FOMC rebound becomes more credible, but for now that is still the secondary scenario MMFLOW View A rebound after the FOMC is normal. But looking at both the chart and the macro backdrop, this is still not a clean bullish chart. As long as gold stays below 4,648, the current bounce should still be treated as a retest inside a downtrend, not a true breakout. Bias today: Bearish while below 4,648
OANDA:XAUUSDLong
by MMFlowTrading
GOLD Apr 30 | Fed Holds. Gold Still Weak at 4565.Gold tested the 4530-50 major support area yesterday and is sitting just trading above it at 4,565. No sign of reversal yet. The bounce is small and unconvincing. The descending trendline (red) and 4650 resistance are still capping every recovery attempt. Same levels from yesterday remain in play. FOMC Summary (last night): The Fed held rates at 3.5-3.75% as expected. But what happened around the decision was anything but routine. Four Fed officials voted against the decision, the most dissenting votes since October 1992. Three of the four supported holding rates but "did not support inclusion of an easing bias in the statement." In plain English: three members (Hammack, Kashkari, Logan) wanted to remove any language suggesting future cuts. They are telling incoming Chair Warsh that easing is not on the table. Only Stephen Miran voted for an actual cut. The FOMC statement noted that job gains have "remained low" while inflation is "elevated," partly from the "recent increase in global energy prices." Powell's press conference delivered two major points. First, on rates, he was clear: "I think we'd want to see the backside of that and progress on tariffs before we even thought about reducing rate. Second, the surprise. Powell said he would remain on the Fed's Board of Governors after his chairmanship ends May 15, citing the DOJ investigation into the Fed. "We're having to resort to the courts," Powell said. "We've been successful so far. But that's not over." This is unprecedented. What this means for gold: The FOMC outcome was hawkish for gold. No rate cut signal. Three dissenters wanting to remove easing bias entirely. Powell explicitly saying rates stay until oil AND tariffs resolve. The rate relief that gold needs is not coming anytime soon. This reinforces the bearish pressure on gold through the same chain: oil high, inflation elevated, Fed stuck, dollar firm, gold under pressure. Price at 4565 is hovering just above the major support area at 4530-50. Yesterday's candle tested this zone and bounced slightly but the bounce lacks conviction. The descending trendline (red) from the 4892 high continues to push price lower. The 4530-50 zone is doing its job for now. But every test weakens it. And the Fed just told us rate relief is not coming. If this support breaks, 4450-4400 is the next conversation.
OANDA:XAUUSD
by TheGoldenCircle
Gold Under Descending Pressure Gold remains under sustained bearish pressure as price continues to respect a clear descending trendline, forming consistent lower highs. The recent rejection from the upper supply zone reinforces seller dominance, while the inability to break above resistance confirms weak bullish momentum. Price is now slipping below the mid-range level, indicating a shift in short-term momentum toward the downside. If this weakness continues, the market is likely to seek liquidity near the key support zone around 4,408, which aligns with previous demand. As long as price stays below the trendline and resistance zone, the overall structure favors bearish continuation. However, a strong breakout and close above the trendline could invalidate this setup and shift momentum back to buyers.
OANDA:XAUUSDShort
by ProfitPro666
XAUUSD Intraday Plan — Sideways Ahead of FOMCGold broke below 4660, confirming short-term bearish pressure after exiting consolidation. Ahead of FOMC, price may continue ranging inside: 4550 | 4616 Resistance: 4630 | 4646 | 4666 | 4670 | 4678 | 4680 Support: 4510 | 4500 | 4460 | 4450 Bias: Favor selling rallies at resistance. If 4550 breaks, downside continuation could open. Main idea: Before FOMC, gold may stay sideways, but bias remains bearish unless key resistance is reclaimed. Do you expect a rebound from 4550 or a breakdown for deeper downside? Share your view below.
TVC:GOLDShort
by Chum_trades
No urge to buy – scalp top, wait for demand below.Gold is currently trading in a classic low-volatility environment, where price action becomes slow, compressed, and lacks commitment from institutional flows. Despite ongoing macro narratives such as Fed policy expectations and geopolitical tensions, the market is clearly showing that these factors are no longer strong enough to drive impulsive moves. This reflects a key phase: smart money is not actively participating, leaving the market dominated by short-term participants fighting within a narrow range. Technically, price structure confirms a sideway down movement within a descending channel, with repeated rejections from the upper demand + trendline zones. Each bullish attempt lacks follow-through, indicating that buyers are weak and mainly reactive rather than dominant. From a macro perspective, the broader recession narrative is still building, but the absence of a strong catalyst keeps gold in a waiting state. This is typically a pre-expansion phase, where liquidity builds before a larger directional move is triggered. TRADING SCENARIOS: Short-term: continue to respect the sideway down structure Upper zones (demand + trendline): focus on SELL opportunities Lower zones (support): potential short-term BUY / swing entries if clear reaction appears STRATEGY: Scalping: trade the range (buy support – sell resistance) Swing: accumulate cautiously at lower zones, with patience CONCLUSION: This is a “boring market phase”, but historically, such conditions often precede a strong expansion move. Overall bias: Sideway down – favor SELL until clear confirmation of strong buying pressure. LucasGrayTrading
OANDA:XAUUSDShort
by LucasGrayTrading
GOLD Apr 29 | Breakdown from 4650. FOMC Tonight. Yesterday price breakdown from 4650 support and tested the major support area at 4530-50 before bouncing back to 4600. Looking at the chart, the picture is clear. The descending trendline (red) from the 4892 high is now acting as overhead resistance, pushing price lower with each attempt. The 4650 level that held for weeks as support has flipped to resistance. What triggered the selloff: A US official revealed that Trump rejected Iran latest proposal to resolve the two-month conflict, dimming hopes for a swift resolution to the energy supply disruptions. That killed the last remaining hope for an oil collapse. With Hormuz still closed and no deal in sight, oil stays elevated, inflation stays hot, and the Fed stays stuck The Fibonacci levels have been redrawn on the chart using the 4103 low to 4892 high. The new levels to watch: 0.236 (4706) -- broken and now resistance 0.382 (4590) -- current price area, being tested right now 0.5 (4497) -- next support if 4550 breaks 0.618 (4404) -- support 4530-50 -- MAJOR SUPPORT AREA. Yesterday's bounce came from here. This is the same Strength Confirmation zone from weeks ago. If this breaks on a daily close, the entire recovery from 4100 is in serious trouble. The Fed rate decision is tonight. Powell press conference follows at midnight. Rate hold at 3.75% is 99.5% priced in. Nobody cares about the decision. Everyone cares about the language. This is Powell's last meeting as Fed Chair. Warsh takes over May 15. What Powell says about the rate path for the rest of 2026 sets the move for medium term from here.
OANDA:XAUUSD
by TheGoldenCircle
1
GOLD WILL FOOL YOU THIS FOMCSo Wednesday is going to be very interesting because the market structure itself has become quite complex, and on top of that we have the **FOMC press conference**, which will make the situation even more volatile. Now let’s understand what I expect from gold on Wednesday and what my plan of action will be. Overall, the $4600 breakdown that we were expecting has already played out. Along with that, the support zone I mentioned around $4557–$4575 has shown a reaction, and we’re seeing a move up in gold. But this move should not be treated as a clean reversal — it’s more likely a setup to trap late sellers who entered at the bottom, and also to give false hope to bulls who already gave up. If you look at Tuesday, both $4700 and $4600 — two major psychological levels — were broken in a single day. This created panic in the market. Smart traders sold from the top, but retail traders entered late sells near the bottom. That’s exactly why my focus is now on those late sellers. Now the market has closed near $4600, so a lot of traders are holding sell positions below this level expecting further downside. But it won’t be that easy. Many traders will expect the same type of move as Tuesday during the Asian session — and that’s exactly where the trap will be. Not just sellers, but even buyers can get trapped on Wednesday before the real move begins. I expect the market to open flat or with a small gap up — just enough to trap those who sold near $4600. After that, I’m expecting a downside move initially. This will make people believe that the same bearish continuation from Tuesday is happening again, and many will start selling aggressively. But as soon as maximum participants shift to selling, I’m expecting a reversal during the Asian session. After the market opens, whatever high is formed in the Asian session will become an important target zone. The key psychology here is that after such a strong fall, most traders will try to catch the top instead of buying. That’s exactly the opportunity we need to use. My plan is simple: as selling increases, I will look to trap those sellers. The reason is that most of these sellers will be late entrants, and the market rarely rewards late sellers easily. Also, in the previous analysis, I mentioned the $4644 level — which was acting as strong support for several days. Gold was trying to sustain above it, but once it broke, we saw a sharp downside move. Now, an important observation is that the breakdown happened directly, which means many traders had sell limit orders below $4644 and are still holding those positions expecting big profits. But I believe until these traders are forced out — until the market makes them feel that buying is the right move — we won’t see a clean continuation down. So first, the plan is to trap sellers with zig-zag movements. Once traders who sold below $4644 also get trapped and buyers start entering confidently at higher levels, that’s when the market can again reverse and trap buyers, leading to another downside move. Also, keep in mind that the FOMC press conference is just 2 hours before market close. On such days, the market needs liquidity — which is why both buyers and sellers are often confused and trapped before the real move happens. So overall, the plan is: First trap sellers → then attract buyers → then trap buyers → and finally the real move. I hope this analysis makes logical sense and helps you prepare better for trading gold. Good luck — trade smart and stay disciplined.
OANDA:XAUUSD
by The_Operator1
SILVER Liquidity Sweep into Demand – Long Setup Opportunity Despite the current bearish structure and descending trendline, this setup favors a buy after a controlled drop into key demand. Price is expected to sweep liquidity below the 75.60–74.80 support zone, potentially triggering stops before moving lower into the 72.50–73.00 major demand/order block. This lower zone is the high-probability area for bullish reaction, as it previously acted as the base for a strong impulsive move. A sharp rejection, bullish engulfing candles, or increased volume from this region would confirm buyer interest. Wait for price to dip into 72.50–73.00 demand zone Look for confirmation (rejection wicks, structure shift on lower timeframe) Enter long after confirmation, not blindly Upside Targets: First target: 75.60–76.00 (support turned resistance) Second target: 78.00–78.50 (trendline area) Final target: 80.00–81.00 (major resistance zone)
OANDA:XAGUSDLong
by ProfitPro666
RETAIL BUYERS ARE ABOUT TO GET DESTROYEDSo as per our weekly analysis, the drop we were expecting in gold has now started. Gold has already come close to $4600, touching around $4604, and from there it has begun to show a slight reversal. However, this move is not valid — it’s more of a setup. This upward move is likely just to give hope to those buyers who are still not ready to accept the loss. The market is trying to attract buyers above $4600 to create liquidity for a further downside push. As soon as some buying comes in above $4600, especially during the New York session, we can expect a sharp downside move again. Once $4600 breaks down, panic could enter the market, and we may see gold falling towards the $4570–$4580 zone within the next few hours. Along with that, the $4557–$4575 area can act as a short-term support, where buyers might try to defend. Since the $4700 level has already broken down and $4600 is also likely to follow, the overall structure remains bearish. On the chart, there was a key level around $4644 (marked with a black line). For the past few days, gold was trying to sustain above this level, but it has now broken down strongly. Because of this direct breakdown, all the sell limit orders placed below this level have already been triggered. Right now, those sellers might be in some profit, and the market could give a small upside move from the $4557–$4575 support zone — mainly to trap sellers who entered early. After that, we can expect continuation on the downside. I hope this quick update is clear. The structure is strongly bearish, so avoid buying above the support zones mentioned. Focus on trapping buyers and trading with the bearish momentum.
OANDA:XAUUSD
by The_Operator1
XAUUSD: Buy Zone FailingGold is clearly weakening in the short term as selling pressure returns and pushes price below the 4630 area. From Kelly’s perspective, this no longer looks like a minor pullback. It is starting to resemble a continuation structure, with the near-term support zone beginning to lose its effect. Technical structure On the chart, price has slipped below the recent reaction zone and is now testing the 4640 buying zone from a weaker position. What stands out is that the market has not been able to produce a strong enough rebound from this area, while every recovery attempt remains shallow and quickly gets sold into. The current structure matters for three reasons: price is breaking down through the 4640 buying zone the nearby 4548 support is becoming the next important downside reference the broader structure still leaves room for a deeper move towards 4351 Key levels to watch: 4640: former support zone, now the level price would need to reclaim 4548: nearest strong support 4351: deeper support if downside momentum expands Elliott Wave view From an Elliott Wave perspective, gold is beginning to show signs of entering a new bearish cycle, with the current decline looking more impulsive than the recent rebounds. After completing the previous short-term recovery, the market now appears to be developing the early stages of a fresh downside structure. That matters because once price leaves the rebound zone and starts breaking support, the market is no longer being judged as a recovery chart. It starts shifting into a confirmation phase for the next bearish cycle. Fibonacci and liquidity structure Structurally, 4548 is now the nearest liquidity zone that price may be drawn towards if selling pressure continues. If that level fails to hold, then 4351 becomes the deeper technical objective in today’s bearish scenario and possibly beyond. When near-term support breaks while the larger wave structure is turning lower, the market often starts rotating towards lower liquidity clusters. What matters next If gold remains below 4640 and cannot close back above it, then today’s bearish scenario remains active. In that case, the market may continue pressing towards 4548 first. If 4548 breaks with clear momentum, the bearish structure would expand further and the next downside reference would be 4351. On the other hand, if price quickly reclaims 4640 and holds above it, then the immediate bearish pressure would ease and the chart may need a more neutral reassessment. Kelly’s view For Kelly, this is a bearish continuation chart. The buying zone has failed to produce a meaningful reaction, and the drop below 4630 is making the short-term structure look increasingly weak. As long as gold remains below 4640, the preferred view stays tilted to the downside, with the main focus on how price reacts around 4548. Conclusion Gold is weakening in the short term, and the current structure is leaning clearly towards a bearish scenario. The loss of the 4640 zone suggests buyers are losing control, while sellers are beginning to regain momentum. Unless price can reclaim the broken support area, the market may continue lower towards 4548, and potentially 4351 if bearish pressure expands. The downside move is already in play. And structurally, the market is still showing room for more weakness.
OANDA:XAUUSDShort
by Kelly_Koou_Gold
Crude Oil Analysis (4H Chart)On Tuesday (28 April, 2026), Crude Oil (on the 4H chart) continued the bullish momentum and entered the iFVG zone, acting as a strong pivotal zone. While writing the analysis, it is facing resistance near R1 (mid of iFVG = 97.00). Indicator Analysis Also, RSI is trending in the overbought zone and recently formed a bearish divergence with the prices. The prices are testing the upper Bollinger band. Overall, the duo of indicators is signaling moderate bearish corrections Projection Therefore, prices are expected to retrace and show corrective movements. If prices fall below S1 (95.65), then prices might test S2 near 93.50. Key Levels: R1: 97.00 R2: 99.00 S1: 95.60 S2: 93.50 Alternative Scenario: A breach of the immediate resistance R1 = 97.00 might drive the prices towards higher resistance zones
BLACKBULL:WTIShort
by tanmay_agrawal
Gold Pullback to Support — Bounce or Breakdown?Gold is pulling back again after failing to extend higher, but the key difference now is that price is moving back toward the main support zone at 4,486. Market View The broader structure still leans bearish to neutral. Price remains inside the larger descending channel. The current move is a pullback into support, not a confirmed bullish breakout. Key Zones 4,486 → main support 5,052 → upside target if buyers defend support and recovery strengthens The current 4,670 area is a short-term reaction zone. If 4,486 breaks, downside pressure may expand again within the broader bearish structure. Trading Plan If price holds above 4,486 → gold may rebound and attempt a move back toward the upper resistance zone. If buyers react strongly from support → the next major upside target remains 5,052. If 4,486 breaks clearly → the recovery idea weakens and bearish continuation becomes more likely. MMFLOW View This chart is still not clean bullish. Gold is sitting at a key decision zone. As long as 4,486 holds, a rebound remains possible. But if support fails, the market could fall back into the broader downtrend. Bias today: Cautious bullish while above 4,486.
OANDA:XAUUSD
by MMFlowTrading
GOLD Apr 28 | FOMC Tomorrow. Range Holds. Powell Last Call.The range between 4604 and 4760 continues to hold. Volume is thin. The wedge pattern on the daily has broken down but price is not collapsing either. It is just drifting lower within the range, making lower highs, The pattern is clear on the chart. Sellers have the slight edge under 4760 but buyers keep defending the 4650 area. Tomorrow night we get the Fed rate decision and Powell's press conference. This is the event the range has been waiting for Gold climbed back above 4700 on Monday after reports emerged that Iran submitted a new proposal to the US via Pakistani mediators, calling for extending the ceasefire to allow progress toward a permanent end to hostilities. But the bounce faded quickly. Trump had canceled a planned trip by senior envoys to Islamabad, while Tehran reiterated it would not engage in negotiations under threats or blockade. Same push and pull. Same whiplash. Same nowhere price action. The IEA has now characterized the Hormuz situation as the largest energy supply shock on record. Oil is at $95. Inflation concerns remain elevated. And that is exactly why gold cannot break higher despite being in a war The market is numb to Iran headlines. Each ceasefire extension or collapse moves gold less than the one before. The headline premium is exhausted. Levels from the chart: The daily chart shows the range clearly. Price at 4673 is in the half, drifting toward support. The ascending trendline from broke down last week. Lower highs are forming. But 4604 and 4650 continue to hold on the downside. 4,760 -- POI / resistance. Reclaim this on daily close and bulls regain control. 4650 -- first real support level. Held multiple times. 4604 -- 0.382 Fib and range bottom. Break below this and we test 4530. 4530-50 -- major support area. The floor for the entire recovery structure. Gold has been in this range for a month. The FOMC is the first catalyst with enough weight to break it. Tomorrow we find out.
OANDA:XAUUSD
by TheGoldenCircle
Gold Presses Against Trendline Barrier After Key Support Bounce Gold has staged a constructive rebound after defending the 0.5–0.618 Fibonacci retracement zone, where a higher low has formed—often an early signal of shifting momentum. This recovery suggests buyers are gradually regaining control, but the structure is not fully bullish yet as price trades beneath a well-defined descending trendline. The immediate focus is on the trendline resistance near the 4,720 region. A decisive move and sustained close above this barrier would indicate strength, potentially driving price toward the 4,739 resistance zone, followed by an extension into the 4,768 area. Such a move would confirm continuation of the short-term recovery phase. On the downside, the 4,699–4,689 Fibonacci support remains critical. As long as this zone holds, dips may be viewed as buying opportunities within the developing bullish structure. However, a rejection at the trendline without strong follow-through could lead to another corrective move back into this support region before any renewed upside attempt.
OANDA:XAUUSDLong
by ProfitPro666
Still Buying Gold? 4,780 Could Trigger SL.That move into the highs wasn’t strength, it was a setup. The market ran liquidity into the top, printed a clean distribution, then flipped structure with a sharp Change of Character (CHoCH). Since then, price hasn’t looked bullish at all… just controlled selling inside a descending range. What stands out is how every push up gets capped. No real continuation, just slow grinding moves that keep trapping late buyers. That’s usually not accumulation, that’s distribution playing out on a lower timeframe. The zone I’m watching is 4,760–4,780. That’s where the last supply sits and also the top of the current range. If price pushes back into that area, sweeps some buy-side liquidity, and fails to hold, I’m looking for short positions. Ideally, I want to see a rejection or some form of trap before entry, not chasing in the middle. Below, the liquidity is obvious. Range low around 4,660 is the first target, but realistically, once that gets hit, sell-side liquidity under it is likely getting cleared too. Only thing that breaks this idea is if price starts accepting above 4,780 with strong Hourly (H1) closes. If that happens, the whole structure shifts again and I step aside. Right now it just looks like a classic trap at the highs before continuation down. Are you fading the highs here or waiting for confirmation?
OANDA:XAUUSDShort
by Ryan_TitanTrader
XAUUSD |474x Sellers’ stronghold or the calm before a breakoutThere are times when the market moves with clarity. And there are moments like now — gold is simply hovering, consolidating, testing traders’ patience. After the pullback from 489x, price is compressing inside a range, and all eyes are now on 474x — the first major stronghold for sellers. Key resistance levels: 474x — the most important resistance right now 477x — next upside test if 474x breaks 4795–4800 — major structure-defining zone Key support levels: 467x — near-term support 464x — important lower boundary 4607–4600 — deeper support zone My view As long as 474x hasn’t been reclaimed decisively, I still lean toward a range-trading / scalp mindset, rather than chasing breakout moves. Below 474x → market remains in a tug-of-war. Break above 474x → potential move toward 477x. Break above 4800 → then the broader narrative may shift. For now, the market feels like it’s holding its breath ahead of bigger catalysts. And often, after this kind of compression… comes a meaningful move. Do you see 474x as a distribution zone for sellers, or a launchpad for a breakout? Drop your view below — let’s discuss the next possible scenario.
TVC:GOLD
by Chum_trades