Get started

Metals

The uptrend is being tested at the resistance of 3,305 USDAfter a strong recovery from the bottom around 3,140 USD, the world gold price is touching the important resistance zone at 3,305 USD/ounce in the trading session on May 21. On the 4H chart, the short-term uptrend is reinforced when the price breaks above the EMA 34 and EMA 89, creating a golden cross pattern - a sign that often signals the continuation of the uptrend. However, the 3,305–3,325 area is currently acting as a short-term resistance - where many reversals have been recorded in the past. The price is showing signs of slowing down when approaching this area, with small candles and narrow bodies, indicating that buying power is temporarily slowing down. If gold breaks and closes clearly above 3,325, the price will likely continue to move towards 3,375 and further to 3,400 USD. On the contrary, if the price fails to break above the current resistance zone and reverses, the support zone to watch is the confluence between EMA34 and EMA89 around 3,250–3,260. With market sentiment still dominated by geopolitical factors and US credit risks, gold continues to maintain its safe-haven role. However, investors should monitor the price reaction at the 3,305 area to confirm the next momentum – whether it is a breakout or a technical correction.
OANDA:XAUUSD
by norbanpar
FED HAWKISHNESS VS TECHNICAL FAIR VALUE GAPS – BIG MOVE COMING?GOLD PLAN 21/05 – FOMC HAWKISHNESS VS TECHNICAL FAIR VALUE GAPS – BIG MOVE COMING? The recent surge in gold has paused just as traders digest the latest Federal Reserve signals. Despite rising geopolitical risks and weakening U.S. economic data, Fed officials continue to project a “higher-for-longer” rate stance, keeping the dollar afloat and adding pressure on gold’s rally. 📉 However, the technical structure tells another side of the story. ⚙️ TECHNICAL OUTLOOK: Bearish Trap or Hidden Bullish Opportunity? On the 1H timeframe, XAU/USD is showing signs of consolidation after tapping into a major Fair Value Gap (FVG) around the 3328–3356 area. We now observe two key FVG zones above and below current price, highlighting high volatility and potential liquidity grabs. 🔍 A short-term bullish scenario is forming if gold retraces towards 3250–3252 support, where trendline confluence and dynamic support suggest strong demand. Conversely, any strong rejection from 3354–3356 SELL ZONE could activate a bearish play back towards the lower structure levels. 💹 TRADE SETUPS FOR TODAY: 🔵 BUY ZONE: Entry: 3252–3250 Stop Loss: 3246 Take Profit Targets: 3256 – 3260 – 3264 – 3268 – 3272 – 3280 – 3300 – ??? 🔵 BUY SCALP: Entry: 3277–3275 Stop Loss: 3272 Take Profit Targets: 3280 – 3284 – 3288 – 3292 – 3296 – 3300 🔻 SELL ZONE: Entry: 3354–3356 Stop Loss: 3360 Take Profit Targets: 3350 – 3346 – 3342 – 3338 – 3334 – 3330 – 3320 🔻 SELL SCALP: Entry: 3328–3330 Stop Loss: 3334 Take Profit Targets: 3324 – 3320 – 3316 – 3310 – 3305 – 3300 🌍 MACRO INSIGHT: Fed’s hawkish tone is weighing on precious metals, but gold remains attractive under geopolitical uncertainty and de-dollarization trends. China and other central banks continue their accumulation, suggesting long-term bullish pressure is intact. Watch for U.S. data this week – especially PMI and jobless claims – which could provide short-term catalysts. 📌 Stay cautious and disciplined. Stick to your zones and manage risk tightly – volatility is increasing. 👉 If you found this useful, don’t forget to like, comment and follow for daily gold insights!
OANDA:XAUUSDLong
by MMFlowTrading
1
No trades for now… letting gold show its next moveYesterday, gold closed above 3282 level, which we’ve been tracking closely as the 0.50 Fibonacci level from the 3440–3120 decline. This was a key technical level and with that break, I’ve closed all my short positions initiated from the 3385 area(with a good profit overall), as shared earlier. With that exit, I’m currently flat and not holding any active positions. From an intraday perspective, price is now inching toward the next resistance at 3319, which corresponds to the 0.618 Fib retracement a typical zone where reactions or pullbacks possible. The trend has shifted from a clean corrective phase into a potential BIG RANGE CONSOLIDATION structure(for range we have to wait for weekly close confirmations) I’ll wait for more clarity in price action near 3319–3345, and reassess if fresh selling opportunities or continuation setups emerge.I prefer to stay on the sidelines and observe how price behaves around the next resistance cluster before jumping into the next move.
TVC:GOLD
by TheGoldenCircle
1
Key Rejection Zone Approaching – Bearish Setup in PlayChart Summary: Asset: Unspecified (USD-based) Timeframe: Short-term (likely 1H or 4H) Indicators: EMA 50 (red): 3,245.772 EMA 200 (blue): 3,223.635 Key Zones: Resistance Zone (Red box): ~3,310–3,360 Target/Support Zone (Red box): ~3,110–3,160 Mid Support Zone (Blue box): ~3,200–3,230 Trendline: Downward sloping resistance connecting major highs --- Technical Breakdown: Trend Analysis: Primary Trend: Bearish ⬇️ Confirmed by the downtrend line (black) which has been respected multiple times (3 clear touches). Current Price: 3,290.090 Price is approaching a key confluence zone: resistance area + trendline. This area has previously acted as strong supply. Moving Averages: EMA 50 > EMA 200: Minor bullish signal (Golden Cross), but price action is still below major resistance. However, this cross may be a false signal if price gets rejected here. --- Price Action: Current Move: Strong bullish push toward resistance after rebounding from the target zone ✅ The resistance zone and trendline are likely to act as a rejection point unless broken decisively. --- Bearish Scenario (High Probability): If price fails to break above the resistance zone: Expect a rejection and move back toward: Blue mid-support: ~3,220 Target zone: ~3,130 (major demand area) Confirmation: Bearish candlestick pattern or strong wick rejections near resistance. 🔵 Entry Idea: Short near 3,310–3,350 🎯 Target: 3,130 zone ✋ Stop-Loss: Above 3,360 (above trendline + resistance) --- Bullish Scenario (Less Likely): If price breaks above the resistance zone with strong volume: Could signal trend reversal Next target levels: ~3,400+ --- Conclusion: Bias: Bearish near resistance zone Key Level to Watch: 3,310–3,360 (critical for direction) Trading Approach: Wait for confirmation, don't preemptively short without rejection signals.
OANDA:XAUUSDShort
by MrStellanSight
Gold breaks out of triangle patternThe world gold price has increased to 3,222 USD/ounce, continuing the strong recovery thanks to supportive factors from safe-haven sentiment. Moody's downgrade of the US long-term credit rating has fueled concerns about financial risks, while trade tensions due to the US Treasury Secretary's statement have further strengthened gold's position as a safe haven. On the 1H chart, the price has just broken out of the ascending symmetrical triangle pattern - a technical structure that often signals the continuation of an uptrend. The breakout zone around 3,235 is currently acting as support. As long as the price holds above this zone, the possibility of gold continuing to move towards the target of 3,270–3,280 is quite high. In particular, the EMA34 and EMA89 lines are converging and preparing to create a short-term bullish crossover. However, investors should note that if the price reverses and breaks through the bottom of the triangle (below 3,220), the bullish pattern will be negated, and the possibility of a bearish reversal will return. With the geopolitical and economic context still having many uncertainties, gold is holding the upper hand but still needs solid confirmation from price action after the breakout.
OANDA:XAUUSD
by norbanpar
XAU/USD – 15-Min | Smart Money Concepts + Fibonacci + Projection🪙 XAU/USD – 15-Min | Smart Money Concepts + Fibonacci + Projection After forming a micro structure shift near the 3,298 level, Gold appears to be preparing for a bullish recovery. The price is reacting to confluence zones, Fibonacci levels, and a previously untapped demand area. 🔹 CMP: $3,299.86 (▼ –0.46%) 🔹 Bias: Short-Term Bullish Reversal 🔹 Pattern: Liquidity sweep + Potential BOS (Break of Structure) 🔹 Timeframe: 15 Min (Intraday Perspective) Technical Breakdown: 📉 Recent Correction: Price rejected from $3,348 high (previous local high). Sharp sell-off into the Fibonacci golden zone (38.2% – 61.8%) retracement. Current bottom aligns with 38.2% retracement from recent swing low to high. 🟠 Liquidity Grab & Bounce: Wick-down near $3,294–$3,296 likely swept stop-losses below support. Immediate rebound hints at smart money filling orders at premium prices. 📊 Fibonacci Confluences: Fib Retracement (From breakout leg): 50.0% = $3,301 (testing now) 61.8% = $3,306 → key decision level Fib Extension Target: 100% = $3,320 (First target & resistance zone) 161.8% = $3,348 → Ideal bullish target Resistance Zones: $3,316–$3,320: Strong reaction zone marked by bearish order block and 100% fib extension. Sellers could step in here if there's no strong volume breakout. 🧠 Market Outlook: ✅ If price holds above $3,296 and breaks $3,306:  🔹 Bullish continuation likely toward $3,320 and even $3,348 (measured move completion) ⚠️ If price rejects from $3,306 or $3,316:  🔻 Watch for signs of weakness to retest $3,294 or possibly extend lower toward $3,288 liquidity pocket. 🧭 Projected Move (As Drawn on Chart): Short-term rebound into $3,306 area Pullback from resistance Bullish breakout → Targeting $3,320 Final leg extension to $3,348 zone (161.8%) Follow us on social media for the latest updates and valuable financial content.👇🏻 ✅ WhatsApp: t.ly ✅ Youtube: t.ly ✅ Telegram: t.me ✅ Instagram: t.ly ✅ LinkedIn : t.ly Note: This post is just for educational purposes and not a buy/sell recommendation.
OANDA:XAUUSDLong
by iVishalPal
1
Gold Holding Strong New Highs Loading? After a solid rejection from the 3130–3160 major support zone, gold has shown real strength and bounced back above the 3280–3300 region, which was a key retracement level (0.5–0.618 Fib zone). Initially, I was expecting a deeper correction possibly towards the 3000 area, but price action has flipped the script. Bulls have stepped in strongly. With the updated projection, we’re now looking at the following bullish path: Updated Bullish Projection Path Immediate resistance at 3436-40 (100% Fib extension) Next targets: ATH :3500 3520 – 1.272 Fib 3565 – 1.414 Fib 3628 – 1.618 Fib (Major extension target) Major support to watch 3260-75 area If price continues to respect the trendline and higher lows, this bullish momentum could stretch further....
OANDA:XAUUSDLong
by TheGoldenCircle
GOLD MARKET UPDATE - BE READY FOR BIG MOVES!🔥 GOLD MARKET UPDATE – FED'S HAWKISH STANCE SHAKES INVESTORS | BE READY FOR BIG MOVES! Gold experienced a sharp drop following the latest hawkish comments from the Federal Reserve, as they reaffirmed that current monetary conditions remain stable and tight. This has caused confusion and panic among many investors, leading to a wave of sell-offs during the U.S. and early Asia sessions. 📉 On the higher timeframes, Gold appears to be forming a bearish flag pattern – a classic consolidation structure before a potential continuation move. Despite the strong bullish momentum seen during the Asian and European sessions yesterday, the key resistance near 325x held firm, preventing any major breakout. For now, Gold seems to be trapped in a new sideways range, and unless price decisively breaks above 325x, we may continue to see choppy price action within this zone. ⚠️ However, if the current selling momentum persists and the price breaks down below the lower trendline support, the bearish flag setup could play out, with up to 80% probability, signaling a potential strong continuation of the downtrend. Traders should stay extremely alert – a major price movement could happen at any moment! 🔑 Key Support Levels: 3205 3294 3280 3262 🔑 Key Resistance Levels: 3244 3262 3278 3286 💹 Scalping Setup – BUY: Entry: 3294–3292 Stop Loss: 3288 Take Profit Targets: 3298 – 3302 – 3306 – 3310 – 3315 – 3320 – 3330 🟢 BUY ZONE: Entry: 3272–3270 Stop Loss: 3266 Take Profit Targets: 3276 – 3280 – 3284 – 3288 – 3292 – 3296 – 3330 🔻 Scalping Setup – SELL: Entry: 3242–3244 Stop Loss: 3248 Take Profit Targets: 3238 – 3234 – 3230 – 3226 – 3220 – 3210 🔻 SELL Zone: Entry: 3276–3278 Stop Loss: 3282 Take Profit Targets: 3272 – 3268 – 3264 – 3260 – 3250 – 3240 📌 Remember to always follow your TP/SL strategy to protect your capital!
OANDA:XAUUSDShort
by MMFlowTrading
Beware of short-term bull trapsOn the H4 chart, gold is testing an important resistance zone around EMA89 (purple) after a rebound from the bottom of 3,120. However, both EMA34 and EMA89 are sloping down, indicating that the short-term trend is still bearish. The current rebound is not strong enough to confirm a reversal. The most recent candle also has a long upper shadow, indicating that selling pressure is waiting above. If the price is rejected at the 3,250–3,260 zone and turns around to break down to 3,220, there is a high possibility that gold will retest the old bottom around 3,120. The strategy at this time is to stay out or wait to sell lightly if a clear reversal signal appears near the resistance zone. Avoid FOMO because the rebound has not been confirmed by volume or trend structure.
OANDA:XAUUSD
by norbanpar
Gold Holding Above 3200… But Is the Rebound Real?Gold followed through on our previous expectation, bouncing from the 3140–3160 support zone after briefly tagging a low near 3120. From there, bulls regained some control and managed to reclaim the 3200 level, which we’ve been watching closely. Although last week’s close was above 3200, I still consider this move a corrective bounce, not a confirmed reversal. The key level I’m watching now is 3282, which aligns with the 50% Fibonacci retracement of the recent decline from 3440 to 3120. Until price decisively closes above this zone, I’ll continue to treat this as a pullback within a broader correection/downtrend and hold onto a portion of my short positions. If bulls manage to break and hold above 3282, we could start seeing signs of a short-term trend shift toward higher resistance zones like 3350 or beyond. However, as long as price stays below 3282, the risk remains for another move back below 3200 and if that happens, a revisit of the 3140–3120 support zone is very much on the table. and if that support break, our previous bearish targets come back into focus. So for now, I’m still leaning toward downside continuation unless the market proves otherwise by reclaiming key resistance with strength.
TVC:GOLDShort
by TheGoldenCircle
GOLD DAILY PLAN MAY 19: IS THIS THE START OF A MASSIVE BULLISH GOLD DAILY PLAN – MAY 20: IS THIS THE START OF A MASSIVE BULLISH RUN? Gold opened the new trading week with a powerful GAP UP of over 20 USD, followed by an additional 50 USD rally during the Asia session. This explosive move is being fueled by geopolitical tensions and macroeconomic uncertainty, setting the tone for what could be a highly volatile and profitable week for gold traders. 🔥 Key Fundamental Drivers Behind This Gold Rally: 1️⃣ Putin rejects peace talks – Increased war risks reignite gold’s safe-haven appeal. 2️⃣ U.S. credit rating downgraded – Rising debt and bond yields are pushing investors back to gold. 3️⃣ Trump threatens new trade tariffs – Even a softer version of “Trade War 2.0” could shock global markets, making gold a top hedge. ➡️ With no clear resolutions in sight, gold may soon retest the all-time high of $3,500. 🧠 Technical Analysis: Bullish Signals Are Confirming EMA13 has crossed above EMA34 and EMA200 on the M30 chart — a classic reversal confirmation. The main trendline was broken, and price is now retesting the breakout zone. Momentum remains strong, and price structure is shifting bullish. Priority is now to BUY the dips rather than sell counter-trend. 📌 Key Price Levels to Watch: 🔺 Resistance Zones: 3254 – 3277 – 3288 (If price breaks above 3287, we may quickly see a move toward 3350–3500.) 🔻 Support Zones: 3204 – 3193 – 3186 – 3174 – 3163 (Best areas to watch for confirmation to BUY.) 🎯 Suggested Trade Ideas: BUY Zone: 3186 - 3184 Stop-Loss (SL): 3180 Take-Profit (TP): 3190 → 3195 → 3200 → 3210 → 3220 → 3230 BUY Scalp: 3194 - 3192 Stop-loss: 3189 Take-Profit: 3200 - 3204 - 3210 - 3215 - 3220 SELL Zone: 3287 - 3289 Only scalp or take quick profits near resistance zones Stop-Loss (SL): 3293 Take-Profit (TP): 3285 → 3280 → 3285 → 3280 → 3270 (Note: Avoid holding SELLs, only scalp on strong bearish signals.) ⚠️ Trading Notes: Market is highly sensitive to geopolitical headlines. One comment from Trump or Putin could move gold 50–100 USD in minutes. No need to chase price. Let it come to your zones — and only enter on clear confirmations. 📌 Summary: ✅ Structure has turned bullish across M30 and H4. ✅ Focus on buying dips, not shorting into strength. ✅ Medium-term target zones: 3350 → 3400 → 3500, depending on continued macro pressure. 📣 Follow AD for live trading plans, market sentiment, and smart entry zones every session! Good luck & stay disciplined.
OANDA:XAUUSDLong
by MMFlowTrading
Critical Reversal or Breakdown? | XAU/USD at Make-or-Break Zone 📉 Chart Overview: Instrument: XAU/USD (assumed from chart context) Timeframe: 4H or Daily (based on candlestick size) Indicators Used: 📏 EMA 50 (Red): 3,247.86 📏 EMA 200 (Blue): 3,221.42 🔍 RSI (14): Currently at 45.90 (below midline, showing weak momentum) 🔎 Key Zones: 🧱 Support Zone: ~3,180 – 3,220 Price is currently sitting on this key demand zone. Price previously bounced here sharply ➡️ indicating buyer interest. 📦 Resistance Block: ~3,260 – 3,280 Short-term resistance, price has been repeatedly rejected from here. 🎯 Target Zone: ~3,420 – 3,460 If price breaks out from the support-resistance squeeze, this is the potential bullish target 🎯. 🧭 EMA Analysis: EMA 50 is still above EMA 200 ➡️ Golden Cross formation (medium-term bullish bias) ✅ However, price is currently below both EMAs, signaling short-term weakness ❌ 📉 Bearish Scenario (📍Blue Arrow Down): If price breaks below the support zone at ~3,180, we could see a sharp drop toward the next support at ~3,032 🔻. RSI is trending down near 40, close to oversold territory ⚠️ 🚀 Bullish Scenario (📈 Blue Arrow Up): A successful retest and bounce from this support area (currently forming a rounded bottom 🥄) could lead to a bullish move toward the target zone. This is further supported by the potential RSI bounce from the 40 area, signaling renewed momentum 🔋. ✅ Bias & Conclusion: Neutral-to-Bullish Bias 🤝: As long as the price holds above the major support zone (~3,180), buyers have a chance to reclaim higher levels. Look for confirmation breakout above the local resistance (~3,260) for a move toward 3,400+ 🚀. A breakdown below support would invalidate the bullish thesis and target 3,030 instead 📉. 🛠️ Trading Plan (not financial advice!): Long Entry: On bullish breakout & retest of ~3,260 ✅ Stop-Loss: Below ~3,180 ⚠️ Target: ~3,420 – 3,460 🎯
OANDA:XAUUSD
by MrStellanSight
GOLD Pullback or Bull Trap? This Move for the WEEK⚡️Will the Recovery Hold or Just a Retest Before Another Drop? 🧠 Macro Backdrop: Geopolitical tension: US-China trade headlines and Russia-Ukraine negotiations continue to stir uncertainty, but risk appetite is still cautious. US CPI and PPI data this week came in weaker than expected → inflation remains soft, but no signal yet for immediate rate cuts from the Fed. Gold has been under pressure for 2 weeks but may be stabilizing as DXY loses steam and equity markets show hesitation. 🔍 Technical Outlook (Chart: M30–H1): Gold is forming a rising wedge within a broader corrective pattern. Yesterday’s rebound from the 3,163 zone has pushed price back above the 20 EMA (black) and is testing the 3,208–3,210 zone. This area is key for today: breakout or rejection? 🔑 Key Levels to Watch: 🔺 Resistance: 3,221 → Local structure neckline 3,235 → Previous supply + Fibo confluence 3,251 → Strong upper bound resistance 🔻 Support: 3,184 → Minor support (demand block) 3,173 → Swing low (key reaction zone) 3,163 → Final line of defense 📈 Trade Scenarios: ⚠️ Scenario A – Bullish Push Above 3,221: If price breaks and holds above 3,221, we may see a bullish continuation to 3,235 and even 3,251. Momentum confirmation: Price must stay above 3,210 on pullbacks. 🔹 Entry: 3,222 – 3,224 🔹 SL: 3,216 🔹 TP: 3,235 → 3,251 ⚠️ Scenario B – False Break & Bearish Rejection: If price fails to hold above 3,221 and reverses below 3,208 → potential short opportunity targeting lower liquidity zones. 🔻 Entry: 3,220 – 3,218 (after rejection) 🔻 SL: 3,228 🔻 TP: 3,184 → 3,173 → 3,163 ⚠️ Scenario C – Range Play: If price remains between 3,208 and 3,184, scalp inside the range and wait for breakout confirmation. 💬 Follow for real-time setups and live strategy updates during major market sessions.
OANDA:XAUUSDLong
by MMFlowTrading
2
GOLD OUTLOOK – MAY 16: MARKET TRAP OR LEGITIMATE RECOVERY?GOLD OUTLOOK – MAY 17: MARKET TRAP OR LEGITIMATE RECOVERY? Gold is closing out the week with unpredictable volatility, following two extreme sessions where prices dropped over 100 pips, only to rebound aggressively. Are recent news headlines just justifying the price action, or is this a well-orchestrated market trap? 🔍 Technical Breakdown (D1 & H4) On the daily and 4-hour charts, we can clearly see a sharp breakdown, followed by an immediate rebound into the 325x area. 🎯 Key Level to Watch: 3254 – 3256 If price remains below 3256, sellers continue to dominate. If 3256 is broken to the upside, we could see a quick move toward 327x–328x. This zone acts as a decisive barrier between continuation and reversal. 🌐 Macro Perspective – Market Triggers US inflation data continues to disappoint, weakening the USD and halting DXY recovery. US-China tensions flare up again after short-lived optimism, especially around tariff talks and rare earth restrictions. With mixed geopolitical cues, this market is prone to fakeouts and liquidity sweeps, especially ahead of the weekend. 📌 Key Levels to Monitor 🔺 Resistance Zones: 3237 – 3251 – 3261 – 3276 – 3287 🔻 Support Zones: 3205 – 3188 – 3170 – 3143 🎯 Trading Plan 🔵 BUY SCALP: Entry: 3172 – 3170 SL: 3166 TP: 3176 → 3180 → 3184 → 3188 → 3192 → 3200 🔵 BUY ZONE: Entry: 3142 – 3140 SL: 3136 TP: 3146 → 3150 → 3154 → 3158 → 3170 → 3180 → 3190 🔴 SELL SCALP: Entry: 3160 – 3162 SL: 3166 TP: 3156 → 3152 → 3148 → 3144 → 3140 → 3130 🔴 SELL ZONE: Entry: 3276 – 3278 SL: 3282 TP: 3272 → 3268 → 3264 → 3260 → 3255 → 3240 ⚠️ Key Notes: Friday sessions often bring major liquidity grabs and false breakouts. Be disciplined with SL/TP management – especially in such volatile conditions. Wait for candle confirmation before reacting — don’t trade emotionally.
OANDA:XAUUSDShort
by MMFlowTrading
Gold Reclaims 3200 What’s Next?Yesterday, gold dipped into the 3140–3160 support zone, even tagging a low near 3120 and from there, buyers stepped in with a decent bounce. That was expected. Now, price has reclaimed the 3200 level and this is the key zone to watch today. ⚠️ Above 3200? Bulls might get some room to test the next resistance around 3265–3275. This is a short-term target if the upside continues. Back below 3200? Bears may take control again, with potential continuation toward yesterday’s lows. If that breaks, our previous downside projection remains in play. Also, from the Fibonacci retracement of this recent down leg (from 3440 to 3120) the 3282 level is a major Fib level (0.5) to watch, Unless we close above that, I’ll continue holding part of my short positions, aiming for lower levels as marked on the chart.
TVC:GOLDShort
by TheGoldenCircle
Gold breaks EMA34 – Trend is weakeningOn the D1 chart, gold has just closed below EMA34 for the first time since February. Although the price bounced back slightly from the 3,120 area today, I see that the recovery force is still weak and not enough to reverse the trend. EMA34 has started to curve down, warning that the medium-term uptrend is weakening. If the next few sessions cannot surpass 3,240, I am inclined to the scenario that the price will continue to fall to EMA89 around 3,050–3,070. I will temporarily stay out of this area, waiting for a clearer signal before deciding to follow the buying or selling side.
OANDA:XAUUSD
by norbanpar
Gold Loses 3,220 – Will It Fall Further?Gold has just broken through the 3,220 support and closed the H4 candle at $3,213/ounce. The strong red candle with volume shows that the sellers are still in control. I saw the EMA34 cut down to the EMA89 early and maintained a negative slope – confirming a clear downtrend. I am watching the 3,180 – 3,200 zone as the next target. If the price rebounds but does not surpass 3,240, I will continue to sell. The current situation is not suitable for buying against the trend, especially when the USD is still strong and the safe-haven sentiment is decreasing.
OANDA:XAUUSD
by norbanpar
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 : Time to fade the Bullish sentiments As expected, gold followed my projection very precisely.... After losing the 3200 support zone yesterday, price continued its descent and is now hovering around the 3140–3160 support area. This zone is significant and could act as a temporary buffer. At this stage, I’m expecting some sideways movement a consolidation phase. Why? Because this level could attract some short-term buying or profit booking from sellers. If gold fails to hold this level and we see increasing selling pressure, a clean breakdown could drive us straight toward the 3000 psychological level my next target. That would be a key area to watch for a larger bounce or even a macro reversal setup.
TVC:GOLDShort
by TheGoldenCircle
3
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 (XAUUSD) – 4H Bearish Setup🔍 Chart Structure Pair: Gold (XAUUSD) Timeframe: 4H Bias: Bearish Current Price: ~$3,192 🔻 Technical Analysis 1. Bearish Flag / Channel Formation Price has been trending down within a descending parallel channel. A breakdown from the channel has occurred, confirming bearish continuation. 2. Break and Retest Pattern Price has broken below the channel, retested the broken structure, and rejected. A bearish rejection candle confirms that sellers are active at the supply zone. 3. Supply and Demand Zones Supply Zone (Orange Box): Around $3,240–$3,275 (Price rejected here after retesting the channel break.) Demand Zone (Target): Around $2,980 (Previous structure support; high liquidity area.) 4. Market Structure Series of lower highs and lower lows confirms a strong bearish market structure. Strong momentum candle broke structure at $3,200, validating bearish sentiment. 📉 Trade Plan – Sell Setup Entry Zone Stop Loss Take Profit Target Risk:Reward $3,190–$3,200 (retest area) $3,275 (above supply) $2,980 (demand zone) 1:3+ ✅ Bearish Confluences Confluence Details ✅ Bearish Channel Breakdown Confirmed by breakout and retest ✅ Supply Zone Rejection Bearish candle from $3,240–$3,275 zone ✅ Liquidity Below Clean move down to $2,980 expected ✅ Momentum Shift Strong bearish candles breaking minor supports ❌ Invalidation Zone If price closes above $3,275, this bearish setup becomes invalid. It would indicate strength from buyers and break the supply zone. 📊 Risk Management Tips Wait for a bearish engulfing or strong rejection candle at the retest. Use partial TPs around $3,100 and trail SL to secure profits. Maintain strict SL above $3,275 supply zone.
OANDA:XAUUSDShort
by Trade_With_Niraj