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War Fear Driving Gold: Iran-Israel Conflict Fuels Breakout!Hello Evevryone, let's discuss about Gold today as it has officially broken out of its parallel (Neutral bullish) channel with a powerful candle backed by massive volume surge , confirming strong buying interest — likely driven by safe-haven demand amid the rising Iran-Israel conflict. The breakout above 3444–3410 zone indicates a potential trend continuation setup where price may now retest the breakout area before pushing higher. This move isn’t just technical — it’s fundamentally supported by fear in global markets. Whenever war fears rise, investors rush towards Gold to hedge their capital. That’s exactly what this spike reflects. If you liked this post, don’t forget to LIKE and FOLLOW! I regularly share high-quality trading setups based on real analysis, OI data, and smart risk-managed strategies. Disclaimer: This analysis is for educational purposes only. Please consult a financial advisor before making investment decisions.
TVC:GOLDLong
by TraderRahulPal
3
XAU/USD Bullish Continuation SetupThe chart illustrates a bullish market structure for XAU/USD, with price action currently trending upwards. Key technical observations: Support Zone: Price has recently bounced from a support zone around 3,399.710, indicating strong buying interest. Bullish Projection: A bullish continuation is expected. The chart outlines a potential scenario with a minor retracement towards 3,432.835 or 3,399.710, followed by a strong upward move. Targets: Immediate resistance is around 3,502.669. If broken, price may aim for 3,550.351. Final projected target lies near 3,680.000, which aligns with a historical supply zone. Indicators: The green enveloping bands suggest increasing volatility, with the price respecting the upper band, supporting bullish momentum. Conclusion: XAU/USD appears poised for a bullish breakout continuation. A potential pullback could offer a buy opportunity, targeting higher resistance zones as long as the structure remains intact.
OANDA:XAUUSDLong
by ZareeFxTradingAac
Gold Drops After Asian FOMO: Bull Trap or Liquidity Grab?🟡 XAUUSD 16/06 – Gold Drops After Asian FOMO: Bull Trap or Liquidity Grab? After a strong bullish rally in the Asian session driven by fear-based headlines and war news, gold (XAUUSD) suddenly reversed sharply — confusing many retail traders who jumped in late. But when we look deeper into price behavior and volume, the story becomes clearer... 📌 Key Fundamental Insights 🔸 Geopolitical headlines (war tensions, assassination attempts) triggered a FOMO rally in gold early in Asia. 🔸 However, the lack of follow-through volume suggests this may have been a bull trap—a smart money strategy to unload positions into emotional buying. 🔸 Big funds could be reallocating capital temporarily from gold into: 🔹 Stocks (tech & value sectors are correcting attractively) 🔹 Oil (Middle East tension = higher oil price = strong institutional interest) 🔍 Technical Outlook (M30 Chart) The technical structure shows a textbook liquidity play: 🔻 Price spiked into resistance at 3456, then reversed 🧊 EMAs (13/34/89/200) are flattening → signs of potential bearish crossover on M15–M30 📉 Volume has been declining → confirms exhaustion of the FOMO move 📦 A large Fair Value Gap (FVG) sits below current price, acting as a magnet for liquidity 🎯 Strategy Setup Scenario 1: BUY from FVG (Liquidity Reclaim) Entry: 3383 – 3385 SL: 3377 TPs: 3386 → 3390 → 3394 → 3398 → 3402 → 3406 → 3410+ Structure favors a bounce from this zone if confirmed by price action during London or NY sessions. Scenario 2: SELL if price re-tests 3456–3458 Entry: Only on clear rejection SL: 3462 TPs: 3452 → 3448 → 3444 → 3440 → 3435 → 3430 ⚠️ Avoid shorting blindly — only trade confirmed rejections with strong candle setups. Market Psychology Right Now Big players may be unloading gold to rotate into oil and equities Asian FOMO = retail got trapped Volume profile shows imbalance: market likely seeking liquidity lower before moving higher again 📝 Final Thoughts Gold is in a volatile reaccumulation zone. Rather than chasing price, it’s better to let the market come to your planned zones. The 3383–3385 zone will be critical. If it holds, we may see a solid bounce into next week. Discipline beats emotion. Respect your SL and stick to the zone logic. 📌 Follow for intraday updates. Will post re-entry plan during London session if price reacts early.
OANDA:XAUUSDShort
by MMFlowTrading
1
Gold Surges Amid Middle East TensionsXAUUSD – Gold Surges Amid Middle East Tensions | What’s Next After 3430 Break? 🌍 Macro & Geopolitical Overview Gold prices accelerated sharply in the Asian session on June 13 after Israel launched a large-scale airstrike campaign against Iran, targeting nuclear facilities including the Natanz uranium enrichment site. Israeli Prime Minister Netanyahu declared the mission would continue until the Iranian nuclear threat is “completely neutralized.” Iran suffered major losses and scrambled its air force to prepare for retaliation. WTI oil jumped over 8%, gold spiked to $3,430/oz, and US equities dropped sharply. While the US claimed it would not participate directly in the attack, it vowed to defend its forces in the region if threatened. This rapidly escalating geopolitical conflict has triggered a renewed flight into safe-haven assets, with gold leading the pack. 📉 Technical Outlook – M30 / H1 Chart 🔹 Trend Structure Gold has broken out decisively above 3,392, forming a strong bullish leg and carving new short-term support around 3,412 – 3,426. Price action is forming a Higher High – Higher Low structure within a rising channel. 🔹 Fair Value Gap (FVG) A visible FVG between 3,405 – 3,412 has formed. As long as price holds above this zone, bullish continuation is favored. 🔹 EMA Structure Price is well above all key EMAs (13, 34, 89, 200), confirming a strong bullish environment. EMA13 continues to guide intraday momentum. 🔹 Key Resistance Zone Watch for potential distribution or profit-taking around 3,441 – 3,456 – a major resistance area if no further escalation occurs. 🧠 Market Sentiment & Behavior Investor sentiment has shifted firmly into risk-off mode. Funds are flowing heavily into gold, oil, CHF, and JPY. Price volatility is likely to spike further, as headlines continue to drive intraday sentiment. 🎯 Updated Trade Setup – 13 June 🔵 BUY ZONE: 3384 – 3382 Stop-Loss: 3378 Take-Profit: 3388 → 3392 → 3396 → 3400 → 3405 → 3410 🔴 SELL ZONE: 3454 – 3456 Stop-Loss: 3460 Take-Profit: 3450 → 3446 → 3442 → 3438 → 3434 → 3430 ✅ Conclusion The renewed conflict between Israel and Iran is fueling gold’s rise as global risk appetite collapses. Technically, the trend remains bullish, but volatility is extremely elevated. Traders should watch key price zones closely and avoid emotional trades during event-driven spikes. ⚠️ Trade the reaction, not the prediction. Let key levels confirm bias before entering.
OANDA:XAUUSDLong
by MMFlowTrading
XAUUSD – CPI Data Pushes Gold HigherXAUUSD – CPI Data Pushes Gold Higher | Should You Follow the Trend or Sell the Top? Gold prices surged strongly after the US CPI report came in lower than expected. This triggered a sharp drop in the US Dollar and yields, while boosting demand for safe-haven assets. The question now: Is this the beginning of a new leg higher, or a setup for a short-term correction? 🌐 MACRO & MARKET SENTIMENT 📰 US CPI (May): Increased only 0.1% MoM and 2.4% YoY vs. forecast of 2.5%. ➤ This softer inflation reading reignited expectations that the Fed may cut rates as early as September. 📉 USD Weakness: The Dollar Index (DXY) dropped ~0.4%, making gold cheaper and more attractive for global investors. 📉 Bond Yields Falling: US 10Y yields declined, further increasing the appeal of gold as a non-yielding safe asset. 💡 Market Psychology: Traders are rotating capital back into gold ahead of FOMC and geopolitical uncertainties (China, Middle East). 📈 TECHNICAL OUTLOOK – H1 & H4 STRUCTURE 🔹 Trend Structure Gold remains in a Higher High – Higher Low formation since the 3,312 level. Price recently broke above the 3,360–3,374 resistance and is now consolidating around 3,375 — a possible accumulation before breakout. 🔹 Price Channel Gold is respecting an ascending channel with the lower bound aligning with the key support area at 3,339 – 3,345. As long as this zone holds, bulls are in control. 🔹 EMA Indicators EMA13 / EMA34: Price is comfortably above both — indicating strong short-term momentum. EMA89 / EMA200: Both EMAs are well below price action, confirming a medium-term bullish trend. 🔹 Caution Zone Resistance at 3,392 – 3,395 is a key area to watch for reversal patterns (Pin Bars, Bearish Engulfing, etc.) If price pulls back to 3,339 – 3,345 and holds, it can offer high-probability long entries with trend continuation. 🎯 TRADE SETUPS 🔵 BUY ZONE: 3324 – 3322 Stop-Loss: 3318 Take-Profit Targets: 3330, 3334, 3338, 3342, 3346, 3350 🔵 BUY SCALP: 3337 – 3335 Stop-Loss: 3330 Take-Profit Targets: 3341, 3345, 3350, 3354, 3360, 3370, 3380 🔴 SELL ZONE: 3392 – 3394 Stop-Loss: 3398 Take-Profit Targets: 3388, 3384, 3380, 3375, 3370, 3360, 3350 🧠 CONCLUSION The lower-than-expected CPI has given gold a short-term macro boost, and technically, bulls remain in control. However, caution is needed near the 3,392 zone — where price could face strong supply and trigger a pullback. ✅ Trade with confirmation, not assumptions. Let the price action guide your next move.
OANDA:XAUUSD
by MMFlowTrading
GOLD IN SIDEWAY PHASE, WAITING FOR A BREAKOUT THROUGH KEY LEVELSXAU/USD TRADING PLAN 10/06/2025 – GOLD IN SIDEWAY PHASE, WAITING FOR A BREAKOUT THROUGH KEY LEVELS! 🌍 MACRO CONTEXT – FUNDAMENTAL ANALYSIS Geopolitical tensions and monetary policy: The market is currently in a wait-and-see phase, with major decisions pending from important meetings, especially statements from the Federal Reserve (Fed) and global conflict situations. These factors could have a significant impact on market sentiment and volatility in gold. Weak economic data from major economies such as the U.S. and the Eurozone indicates challenging economic conditions, leading investors to view gold as a safe-haven asset. Interest rates: Although the Fed continues its rate hike policy, financial market uncertainties could continue to support gold as a preferred asset class. 📉 TECHNICAL ANALYSIS On the M30–H1 timeframe, XAU/USD is currently moving within a rising channel. After the correction in Wave 4, gold has bounced back in the 335x region and is now preparing to confirm the next trend. Signals from EMA indicate accumulation, potentially setting up for a strong rally ahead. Key resistance levels: 3,338 – 3,345 (unexplored FVG region). If gold breaks above 3,345, a continued rise to 3,353 is highly likely. Key support levels: 3,282 – 3,275. If gold retests these levels without breaking them, the chances of a rebound are strong. 🎯 TRADE SETUPS FOR TODAY 🔵 BUY ZONE: Entry: 3,302 - 3,304 SL: 3,296 TP: 3,306 → 3,310 → 3,314 → 3,318 → 3,325 🔴 SELL ZONE: Entry: 3352 - 3354 SL: 3,358 TP: 3,348 → 3,344 → 3,340 → 3,330 → 3,320 ⚠️ NOTE: Risk management: Expect significant volatility as the market awaits important news this week. Wait for confirmation: Technical signals are for guidance; clear confirmation from the charts is needed before entering trades. 📌 CONCLUSION: Gold is currently in a sideway phase and may be preparing for a breakout if these key support and resistance levels are breached. Traders should monitor both macroeconomic factors and strategic price zones to make informed trading decisions.
OANDA:XAUUSDLong
by MMFlowTrading
Gold ,Momentum on MuteGold continues to trade within a well-defined range, showing no clear breakout or breakdown. Price remains trapped between the narrow range . Despite brief upward attempts, bearish pressure near the red trendline has kept the market capped this suggesting indecision as neither bulls nor bears have seized control. Unless we see a decisive break above 3330-40 area (previous support now resistance) red descending trendline or below the support region, price is likely to remain sideways and choppy in the short term. This remains a non-trading zone for directional traders. Better opportunities may emerge after a volatility expansion outside this range.
OANDA:XAUUSD
by TheGoldenCircle
Potential Breakdown with Retest or Reversal Zone This chart represents a classic Double Top pattern, a bearish reversal signal indicating strong resistance around the 3,380 - 3,390 USD zone (marked with two white circles). 🔍 Key Zones and Levels: 1. Resistance Zone (~3,380 - 3,390 USD): Price was rejected twice here. Suggests strong selling pressure and buyer exhaustion. 2. Mid Support/Retest Zone (~3,337.857 USD): Marked with a horizontal white line. Could act as a short-term resistance if price retraces. 3. Demand Zone (~3,330 - 3,337 USD): Highlighted green box: potential reversal/retest zone. Bullish scenario: price bounces from here and heads back to retest resistance. 4. Current Price (~3,309.980 USD): Price has broken below the demand zone and is approaching strong horizontal support. 5. Lower Support (~3,265 - 3,270 USD): Highlighted with blue horizontal lines and purple arrows. Could be the next bearish target if breakdown is confirmed. 🔄 Two Possible Scenarios: 📉 Bearish Continuation: Price retests the broken demand zone (now resistance). Rejects and forms a lower high. Falls toward the lower support around 3,265–3,270 USD. 📈 Bullish Reversal: Price reclaims the green demand zone. Pushes above 3,337.857 USD level. Heads back to retest the double top area (~3,380 ✅ Conclusion: The bias is currently bearish, supported by: Double top formation. Breakdown below key demand zone. Momentum favoring further downside However, a bullish reversal is possible if price reclaims the 3,337 USD zone and shows strong bullish structure.
OANDA:XAUUSD
by ZareeFxTradingAac
Waiting for the Breakout: Consolidation or Trend Continuation?XAUUSD – Waiting for the Breakout: Consolidation or Trend Continuation? Gold (XAUUSD) is trading within a narrowing range, building momentum after rebounding from the 3.276 support area. Despite short-term uncertainties, the overall macroeconomic landscape continues to favor bullish scenarios — though key resistance levels must be cleared to confirm continuation. 🌍 MACRO & MARKET SENTIMENT USD Weakness: The DXY continues to trade under pressure, increasing the appeal of non-yielding assets like gold. US–China Trade Talks: Ongoing high-level negotiations in London could either ease geopolitical tensions or fuel safe-haven demand, depending on outcomes. Global Risk Appetite: With US debt ceiling concerns still looming and the Fed showing hesitancy to cut rates soon, gold remains in focus as a hedge. 📈 TECHNICAL OUTLOOK (30M–H1) The price has formed a descending wedge structure and is hovering near key EMAs (13–34–89–200). A breakout above 3,334 could trigger a short-term bullish wave, while failure at this zone would likely lead to deeper correction toward 3,276 or lower. 📍 STRATEGIC KEY LEVELS Resistance: 3,334 – 3,336 – 3,362 – 3,390 Support: 3,300 – 3,276 – 3,250 🧭 TRADING SCENARIOS 🔵 BUY ZONE: 3,276 – 3,274 SL: 3,270 TP: 3,280 → 3,284 → 3,288 → 3,292 → 3,296 → 3,300 🔻 SELL SCALP: 3,334 – 3,336 SL: 3,340 TP: 3,330 → 3,326 → 3,322 → 3,318 → 3,314 → 3,310 🔻 SELL ZONE: 3,362 – 3,364 SL: 3,368 TP: 3,358 → 3,354 → 3,350 → 3,346 → 3,340 → 3,335 → 3,330 → 3,320 ✅ SUMMARY Gold remains in a critical range, and traders should focus on well-defined zones to capitalize on volatility. Use confirmation-based entries and respect risk parameters — especially as macro headlines and technical patterns align for a potential breakout.
OANDA:XAUUSDLong
by MMFlowTrading
Sideways Gold, Stronger Dollar: A Pause Before the BreakGold attempted a bullish breakout recently but failed to sustain momentum and is now back within a consolidation zone between 3,250–3,350. The repeated failure to break above descending trendline resistance suggests weakening buyer strength. It is currently forming lower highs, indicating distribution or sideways movement rather than a clear rally. On the other hand, DXY has bounced from a key demand zone near 99.00, showing signs of short-term strength. It is now targeting the 102.60–104. resistance zone, which aligns with a Fibonacci retracement. If DXY continues higher, it could put pressure on gold prices in the near term. Given this context, it is wise to remain on the sidelines for the next 2–3 weeks and wait for one of two scenarios: 1. DXY rejection from the 102.60–104 area – This would support a bullish case for gold. 2. Gold breakout above 3,400 with strong volume or need another bounce from lower support area as marked on chart which can provide confirmation of bullish continuation. Until then, gold is likely to stay in a range or face minor downside due to DXY strength.
OANDA:XAUUSD
by TheGoldenCircle
NFP STORM BREWING: WILL GOLD BREAK HIGHER OR DIVE LOWER?XAUUSD – NFP STORM BREWING: WILL GOLD BREAK HIGHER OR DIVE LOWER? Gold enters a highly sensitive phase ahead of tonight’s Non-Farm Payrolls (NFP) release – one of the most influential data points for global financial markets. With US-China trade tensions rekindling and sovereign debt concerns mounting in the US, the yellow metal could experience a major breakout or a sharp reversal during the New York session. 🌍 MACRO & FUNDAMENTAL OUTLOOK US-China trade talks have resurfaced, with concerns around tariffs and strategic metals dominating headlines. China's recent stance signals it may take stronger defensive actions. The US national debt is projected to hit $55 trillion by 2034, prompting global central banks to ramp up gold purchases as a strategic hedge. Fed Chair Powell reiterated a “no rush to cut” stance, yet political pressure is mounting – especially with Donald Trump urging immediate rate cuts following the weakest ADP job growth in two years. Unemployment Claims released today came in slightly better than expected (236K vs. 240K), adding fuel to speculations around a softer NFP print – potentially bullish for gold. 🔍 TECHNICAL ANALYSIS (H1 – EMA 13/34/89/200) The chart shows a clean impulsive wave structure. After hitting the resistance zone at 3408–3410, gold entered a consolidation range. Price is currently hovering around EMA 89–200, suggesting trend divergence and uncertainty ahead of NFP. A breakdown below the 3344–3332 support zone could push price down to the FVG (Fair Value Gap) at 3320, which may act as a strong liquidity pool for buyers. ⚠️ KEY LEVELS TO WATCH Resistance: 3380 – 3392 – 3408 – 3436 Support: 3365 – 3350 – 3344 – 3332 – 3320 🧭 TRADE SETUPS 🔻 SELL ZONE: 3408 – 3410 Stop Loss: 3415 Take Profit: 3404 → 3400 → 3395 → 3390 → 3380 → 3370 → 3360 → 3350 🔵 BUY ZONE: 3318 – 3316 Stop Loss: 3310 Take Profit: 3322 → 3326 → 3330 → 3335 → 3340 → 3350 → 3360 → ??? ✅ CONCLUSION Gold is poised for a volatile breakout with NFP acting as the key catalyst. A soft jobs report may trigger a breakout above 3410, while stronger-than-expected numbers could fuel a bearish reversal. In this sensitive phase, traders should stick to defined zones and wait for confirmed liquidity reactions rather than chasing price impulsively.
OANDA:XAUUSD
by MMFlowTrading
Gold Stalls Ahead of Key Trade TalksGold Stalls Ahead of Key Trade Talks – Will Price Explode Out of the 3345–3370 Range? After Monday’s explosive rally, gold is currently consolidating within a tight price range. The market is at a critical juncture, awaiting high-level trade talks between the U.S. and China — an event that could serve as a major catalyst for the next directional move. 🌍 MACRO OUTLOOK & MARKET SENTIMENT A major trade call between Trump and President Xi Jinping is on the horizon. This conversation could reset global trade expectations and potentially trigger large moves in risk assets. Last week’s strong U.S. jobs data (NFP) pushed back expectations of Fed rate cuts. Treasury yields remain elevated, which is temporarily capping gold’s upside. Market sentiment is neutral-to-cautious, with traders waiting for confirmation of a breakout or breakdown before committing capital to new positions. 📈 TECHNICAL ANALYSIS (H1 – EMA 13/34/89/200) Gold appears to be in a wave 4 correction, consolidating after completing wave 3. EMAs remain aligned to the upside (bullish), suggesting the broader trend still favors buyers. Key range: Above 3370 → breakout confirmation → momentum push toward 3400–3410 Below 3345 → breakdown → fast dip to 3310–3300 to complete wave 4 and initiate wave 5 upward 🧭 STRATEGIC ZONES 🔵 BUY ZONE: 3317 – 3315 Stop Loss: 3310 Take Profits: 3322 → 3326 → 3330 → 3334 → 3338 → 3345 → 3350 → 3360 This zone aligns with a strong FVG + EMA89 support. A bullish reaction here could provide a high-probability entry for the next impulsive leg upward (wave 5). 🔻 SELL ZONE: 3372 – 3374 Stop Loss: 3378 Take Profits: 3368 → 3364 → 3360 → 3356 → 3350 → 3345 3370 is a critical resistance zone. Any rejection at this level with weak momentum or divergence could open a short-term bearish correction back toward 331x levels. ✅ SUMMARY Gold is trapped in a decision zone between 3345–3370. The market awaits clarity from macro headlines and technical breakout signals. Until then, traders should watch key levels closely, stay patient, and position accordingly based on price action confirmation at strategic zones.
OANDA:XAUUSDShort
by MMFlowTrading
Gold Holding Strong Looks Like It’s Building Power AgainPrice appears to be consolidating just above the breakout trendline, forming a new bullish base between 3350–3365 on the daily timeframe. This is a healthy sign ,it indicates that buyers are absorbing supply and not allowing price to fall back into the old range. As long as this consolidation holds, the setup remains bullish, with upside potential still targeting 3445 and then ATH at 3500. If we get a decisive breakout above ATH, we might see a continuation rally. However, if a double top starts forming there, it will be time to book partial profits and wait for confirmation. For Invalidation Level: I am Watching the 3380–3390 zone closely (Monday’s low). A strong move below this level could signal a failed breakout and invalidate the current bullish structure.
OANDA:XAUUSDLong
by TheGoldenCircle
Triangle breakout in silver. Down to earth.. Elliott Wave Analysis:- 1st possibility:- (look Previous chart published) Silver is in a triangle breakout. if it is getting towards upside breakout then we have a nice opportunity of pullback and and we can add it if the pullback occurs. else we can enjoy this journey quietly. 2nd possibility:- Silver had already made a pullback towards down side breakout. Once it start the way it will fly towards downside and then it will complete a C wave in whole B wave then upside C wave will be impulsive. My Entry, Stop, Target all have been discussed. My suggestion to take a trade at this place to reduce the risk better reward. I just spoke what chart whisper's in my ear. I am not a SEBI registered advisor. Before taking a trade do your own analysis or consult a financial advisor. I share chart for education purpose only. I share my trade setup.
TVC:SILVERShort
by n0m0ret0ss
2
Gold (XAU/USD) 1H Analysis – Potential Breakout Play🟡 Gold (XAU/USD) 1H Analysis – Potential Breakout Play 📈 🔎 Key Levels and Zones Resistance Zone: Around $3,410 – $3,430. Midpoint/Key Resistance-Turned-Support: Around $3,360 – $3,370. Support Zone: Around $3,270 – $3,290. 🔀 Chart Structure & Momentum The price is in a short-term bullish recovery after finding strong support at the $3,270 – $3,290 level. The breakout above the midpoint around $3,360 is a significant bullish trigger, suggesting that bulls are taking charge. 📊 Scenario Analysis Bullish Scenario (Primary Bias) 🟢: If the price holds above the midpoint ($3,360), we expect a push towards the resistance zone ($3,410 – $3,430). This aligns with the “resistance-flip-support” concept, where the previous resistance becomes a new support base. Bearish Scenario (Alternate Bias) 🔴: If the price fails to hold above $3,360, a re-test of the support zone ($3,270 – $3,290) is likely. From there, bulls will likely try to defend the area and launch another attempt upwards. 📌 Conclusion The path of least resistance currently favors the bulls while the $3,360 level holds. Watch for consolidation near $3,360 – $3,370 as a healthy retest before potential continuation to the upside target zone ($3,410 – $3,430). 📅 Near-Term Bias Remain cautiously bullish while above $3,360. A confirmed breakout above $3,410 opens room for further bullish momentum, while a breakdown below $3,360 can re-test the key support at $3,270.
OANDA:XAUUSDLong
by VikingFx-Community
MARKET WAITS FOR TRUMP–XI TRADE CALL XAUUSD PLAN – JUNE 3XAUUSD PLAN – JUNE 3 | GOLD CORRECTS AFTER $100 SURGE | MARKET WAITS FOR TRUMP–XI TRADE CALL After an explosive $100+ rally earlier this week, gold has entered a sharp correction phase, dropping $30 during the Asian session. This pullback comes as the market anticipates a high-level trade call between former President Trump and President Xi Jinping, which could reshape short-term expectations around US–China relations and global risk sentiment. 🌍 MACRO CONTEXT – POLITICS MEETS FINANCE: The upcoming Trump–Xi call is expected to guide markets over the next few sessions and may impact trade risk positioning. Investors have begun profit-taking following the aggressive rally, leading to temporary risk-off sentiment and cash-out flows. From an Elliott Wave perspective, wave 3 (the strongest wave) may have completed, and price could now retrace into lower FVG zones to gather liquidity for the next upward move. 📈 TECHNICAL STRUCTURE (H1–H4 – EMA 13/34/89/200): On higher timeframes (H4 and D1), gold maintains a strong bullish structure. Price appears to have peaked near 3,402 – 3,409, and is now retracing toward the key FVG support zone between 3,320 – 3,310. EMAs are beginning to compress after a strong expansion – suggesting the market may consolidate or correct further in the short term. 🧭 KEY PRICE LEVELS: Support: 3,346 – 3,340 – 3,318 – 3,310 – 3,295 Resistance: 3,374 – 3,388 – 3,402 – 3,410 🔍 TRADE SETUPS: 🔵 BUY ZONE: 3,320 – 3,318 Stop Loss: 3,314 Take Profits: 3,324 – 3,328 – 3,332 – 3,336 – 3,340 – 3,344 – 3,350 – 3,360 – 3,374+ Buy on dips into the liquidity zone or after confirmation candles near EMA13–34 support. Ideal entry for positioning ahead of a potential wave 5 continuation. 🔻 SELL ZONE: 3,388 – 3,390 Stop Loss: 3,394 Take Profits: 3,384 – 3,380 – 3,376 – 3,370 – 3,366 – 3,360 – 3,350 Sell only if there is a strong rejection or bearish divergence near the recent highs – this zone marks the top of wave 3 and potential exhaustion. 📌 SUMMARY: Gold’s macro structure remains bullish, but short-term corrections are expected. Price may dip into FVG zones to absorb liquidity before launching the next move. Avoid FOMO and follow technical zones with disciplined SL.
OANDA:XAUUSDShort
by MMFlowTrading
Technical Analysis on XAU/USD (Gold vs USD) – Bullish Reversal 📊 Chart Overview: This chart of XAU/USD (Gold) on a lower timeframe shows a potential bullish reversal setup. The price action has formed a series of lower highs and lower lows, but now a bullish momentum is building up, suggesting a possible breakout to the upside. 🔍 Key Observations: 🟠 Swing Points Identified: The orange circles mark significant swing highs and lows, clearly outlining a recent downtrend. The latest swing low (bottom-right) shows a strong rejection with a bullish engulfing candle forming, indicating buyer interest. 📦 Demand Zone (Support Area): The grey rectangle near the lower region marks a demand zone where buyers have stepped in before. Price has reacted strongly from this zone again, validating it as a key support level. 📉 Resistance Turned Potential Breakout Zone: The red line (~3,291.416) represents a resistance level that was previously support. Price has broken above it and now appears to be retesting it, indicating a possible retest-confirmation for a bullish continuation. 🎯 Target & Risk Management: ✅ Entry: Confirmed breakout and retest around 3,291. 📈 Target: 3,364.819 (green zone above), based on previous resistance. ❌ Stop Loss: Below 3,267.772, the recent swing low. The setup offers a favorable risk-to-reward ratio. 🧭 Projection Path: The white arrowed path illustrates a likely pullback before continuation upward, suggesting a bullish structure if confirmed. ✅ Conclusion: Gold is showing signs of a bullish reversal from a well-defined demand zone, with a potential rally toward the 3,365 area. A successful retest of the broken resistance as new support would strengthen the bullish bias. 📌 Watch closely for confirmation candles on the retest before entering.
OANDA:XAUUSDLong
by ZareeFxTradingAac
XAUUSD PLAN END-OF-MONTH CASHOUT OR TREND REVERSAL? XAUUSD PLAN – MAY 30 | GOLD DROPS SHARPLY IN ASIAN SESSION | END-OF-MONTH CASHOUT OR TREND REVERSAL? Gold surprised the market this morning with a sharp drop of nearly $30/oz, despite closing yesterday with a strong bullish daily candle. Profit-taking pressure near month-end and uncertainty surrounding US–China trade negotiations have returned gold to a bearish technical structure in the short term. 🌍 MACRO OVERVIEW: US–China trade talks show no clear progress, with both sides signaling a cautious and non-committal stance. Hedge funds and large players may be exiting ahead of monthly/weekly candle closes, causing increased volatility. Meanwhile, investors are waiting for key US PCE inflation data and more Fed speeches, keeping risk sentiment fragile. ➡️ The market remains technically weak and highly reactive. Price is vulnerable to quick liquidity sweeps and false breakouts — best to stay reactive and trade confirmed zones. 📈 TECHNICAL ANALYSIS (H1 – EMA 13/34/89/200): Gold has broken below EMA89 and is now trading beneath all major EMAs, indicating a strong short-term downtrend. The resistance zone at 3,322–3,324 aligns with the EMA200 and a descending trendline, making it a prime area for short entries on rejection. Key support sits at 3,266–3,264. A break below could send price to test deeper levels at 3,235 or even 3,210, following the broader descending channel. The 3,274–3,276 zone (EMA13 crossing below EMA34) may offer minor reactions for scalpers in the London session. 🔍 TRADE SETUPS FOR TODAY: 🔵 BUY ZONE: 3,266 – 3,264 Stop Loss: 3,260 Take Profits: 3,270 – 3,274 – 3,278 – 3,282 – 3,286 – 3,290 – 3,300 🔻 SELL ZONE: 3,322 – 3,324 Stop Loss: 3,328 Take Profits: 3,318 – 3,314 – 3,310 – 3,306 – 3,300 – 3,295 – 3,290 – 3,280 🎯 INTRADAY SCALPING IDEAS: BUY SCALP: 3,274 – 3,276 | SL: 3,270 | TP: 1R (50 pips max) SELL SCALP: 3,302 – 3,304 and 3,310 zone | SL: 50–60 pips | Flexible TP 📌 SUMMARY: The current momentum is bearish. Focus on short setups unless price clearly reclaims key EMAs. Scalping opportunities exist around reaction zones. With month-end volatility at play, avoid FOMO and stick to strict SL discipline. 💬 Found this plan helpful? LIKE – COMMENT – FOLLOW for daily GOLD strategies from the MMF Team, crafted for serious traders in India and beyond!
OANDA:XAUUSDShort
by MMFlowTrading
1
Gold stuck inside range : No clear direction as of now Yesterday, we have seen a strong bounce from the major support zone around 3260–3280 (marked as major support on chart), reclaiming the lost ground after the initial breakdown from the trendline (green line on chart). On daily time frame price seems to be stuck in a tight consolidation range and reflects a choppy environment where neither bulls nor bears have taken decisive control. It's worth noting that we're right at the dynamic resistance zone ( the red trendline),which continues to cap any upside attempts. On the flip side, the major support area seems to be doing a decent job of holding the floor, at least for now. With monthly and weekly closing candles coming up today, I’m still in "wait and watch" approach, just like yesterday. The price action around this consolidation zone isn’t giving any clear, high conviction directional clues.
OANDA:XAUUSD
by TheGoldenCircle
2
GOLD RETESTING KEY ZONES AHEAD OF INFLATION DATA XAUUSD PLAN – MAY 29 | GOLD RETESTING KEY ZONES AHEAD OF INFLATION DATA | HOLDING OR BREAKING? After yesterday’s sharp decline, GOLD is showing signs of stabilization around the 3,270 region. This appears to be a consolidation phase before the market reacts to key macro events — particularly the upcoming Core PCE inflation report and a string of Fed speeches this week. 🌍 MACRO LANDSCAPE: US 10-year yields are holding steady near 4.5%, continuing to pressure gold in the short term. Fed officials remain cautious about rate cuts, pushing back against dovish expectations. However, concerns over structural fiscal pressure (including Fed losses and budget cuts) support the long-term bullish case for gold. ➡️ In the short term, the market remains range-bound, and tactical entries near key zones offer the best opportunities. 📈 TECHNICAL OUTLOOK (H1): Gold is consolidating below a major resistance zone at 3,308–3,310, which aligns with the descending trendline and 200 EMA. Fibonacci retracement zones (0.5–0.618) also highlight strong resistance around 3,297–3,309. On the downside, support at 3,263 is key; a break below may expose the broader demand zone near 3,246. 🔍 TRADE SETUPS – MAY 29: 🔵 BUY ZONE: 3,247 – 3,245 Stop Loss: 3,241 Take Profit Targets: 3,251 – 3,255 – 3,260 – 3,264 – 3,270 – 3,275 – 3,280 🔵 BUY SCALP: 3,263 – 3,261 Stop Loss: 3,257 Take Profit Targets: 3,266 – 3,270 – 3,275 – 3,280 – 3,290 – 3,300 🔻 SELL SCALP: 3,294 – 3,296 Stop Loss: 3,300 Take Profit Targets: 3,290 – 3,286 – 3,282 – 3,278 – 3,274 – 3,270 – 3,260 🔻 SELL ZONE: 3,308 – 3,310 Stop Loss: 3,314 Take Profit Targets: 3,304 – 3,300 – 3,296 – 3,292 – 3,288 – 3,280 📌 STRATEGY TIP: Price is range-bound ahead of key data. Avoid entering mid-range. Wait for price to reach the edges (BUY/SELL zones) and look for clear rejection or confirmation candles. Stick to strict risk management.
OANDA:XAUUSDLong
by MMFlowTrading