XAUUSD: Watching for a bounce from the support zone toward 4,650Currently, XAUUSD is testing a key support zone, a level that has previously triggered strong bullish reactions. Recent price action suggests that buyers may step in, pushing the price higher.
A confirming bullish signal, such as a strong rejection pattern, a bullish engulfing candle, or a long lower wick, would increase the likelihood of a bounce from this level. If buyers regain control, the price could move toward the 4,650 area.
Conversely, if price breaks below this support zone, the bullish outlook would be invalidated, opening the door for a potential further decline.
This is not financial advice, but simply how I approach support and resistance zones. Always wait for confirmation, such as rejection candles or a spike in volume, before entering a trade.
Please share this post – every like and comment encourages me to bring you more ideas! I’d love to hear your thoughts in the comments.
Wishing you successful and profitable trading!
SELL
EURUSD Weakens Below Key SupportEURUSD continues to decline after breaking below EMA34 and EMA89. Price is currently trading near 1.1650, while strong bearish momentum confirms sellers remain in control.
The key support at 1.1700 has already been broken decisively. If price stays below this zone, EURUSD could continue falling toward 1.1620 and potentially 1.1580.
The main driver behind the move is USD strength following stronger-than-expected US CPI and PPI data. Sticky inflation has reduced expectations for Fed rate cuts and pushed US bond yields higher.
Meanwhile, Europe’s economy continues to show weaker growth signals, while the ECB remains more dovish than the Fed, adding further pressure on the euro.
Technically, EMA34 crossing below EMA89 and both EMAs turning downward suggest bearish momentum is strengthening further.
Can EURUSD Extend Higher or Is Resistance About to Hold?Hi traders,
EURUSD has quietly built a stronger technical structure over recent sessions, with price action on H4 continuing to respect both EMA 34 and EMA 89 as dynamic support. The rebound from late-April weakness has so far remained intact, and the series of higher lows suggests that bullish momentum has not disappeared yet.
Momentum indicators are gradually improving as EMA 34 begins to separate further from EMA 89 — often an early sign that trend strength is returning. Still, buyers are approaching a critical test near 1.1780–1.1800, an area that could determine whether the current recovery evolves into a broader breakout.
Fundamentally, the next move may depend less on technicals and more on macro data. U.S. CPI figures and upcoming FED speeches are likely to drive volatility across the dollar market this week. Softer inflation could weaken USD demand and support another push higher in EURUSD. But if FED officials maintain a hawkish tone, the pair may struggle to sustain momentum and could rotate back into a sideways range.
For now, as long as EURUSD remains above 1.1720, the short-term bullish structure still appears intact.
Gold Breaks Below Key SupportXAUUSD is weakening significantly after failing to hold above the 4,680 – 4,670 USD support zone. On the H4 chart, price has already broken below both EMA34 and EMA89, while strong bearish momentum pushed gold down near 4,610 USD.
If sellers continue controlling the market below the broken support, gold could extend losses toward 4,550 USD and potentially 4,500 USD in the short term.
The main bearish catalyst remains strong US inflation data. CPI rose to 3.8%, while PPI posted its largest increase since 2022 due to higher energy prices linked to Iran tensions.
This has almost eliminated expectations for Fed rate cuts this year, supporting the US dollar and Treasury yields — both negative factors for gold.
Despite current weakness, analysts like Fawad Razaqzada still believe long-term inflation risks and geopolitical uncertainty remain supportive for gold as a safe-haven asset.
XAUUSD - Buyers Still Hold the Key ZoneThe price had previously been moving within a clear downward channel, indicating strong control from the sellers over a prolonged period. However, after reacting strongly at the lower support zone, XAUUSD formed a reversal pattern and then broke above the BOS zone, signaling a shift in market momentum.
After a strong upward move, the price is currently consolidating and adjusting around the nearest support zone. This is a critical area, as if the buyers continue to protect this zone, the short-term bullish structure will remain intact.
Currently, I am monitoring the possibility that the price will test the buy zone around the support area before continuing to rise. If this zone holds, the price could target the first objective around TP1, followed by a higher target near TP2 / 4,775.
Today's strategy is to expect the price to hold above the current support zone and rebound. However, if the price breaks below this support zone, the bullish scenario would weaken, and we would need to observe the next market reaction.
XAUUSD - A Potential Reversal in PlayThe price has formed a double bottom pattern after a prolonged decline, as clearly indicated on the chart. This signals that the selling pressure is weakening, and the potential for a reversal is gradually emerging.
Both the left and right bottoms show that the price has repeatedly reacted at lower levels, while the sellers are no longer able to maintain the same strong downward pressure as before. Following this, the price has decisively broken above the neckline and has remained above this area for some time, forming a short-term consolidation phase.
Currently, I am monitoring the possibility that the price will continue to hold above the current support zone before rising again to test the resistance zone around 4,765.
Today's strategy is to expect the price to continue rising and approach the resistance zone once more. However, the next reaction in this area will depend largely on the upcoming economic news and market momentum.
USDJPY Faces Key EMA89 ResistanceUSDJPY is trading near 157.90 and testing EMA89, a major dynamic resistance after the previous downtrend.
Buyers have recovered strongly in recent sessions, but the pair still has not confirmed a clean breakout above EMA89. This shows that medium-term sellers remain active, while the yen is still supported by safe-haven demand and expectations of further BoJ policy normalization.
The key zone to watch is 158.00 – 158.30. A strong H4 close above EMA89 could open the path toward 159.00 and possibly 160.00.
Fundamentally, the dollar remains supported by stronger-than-expected CPI and PPI data. Sticky inflation reduces Fed rate-cut expectations and keeps US bond yields high, which supports USDJPY in the short term.
However, traders should stay cautious because Japan’s Ministry of Finance may intervene again if the yen weakens too quickly.
XAUUSD Stuck Between Inflation and Fed PolicyGold is currently consolidating around 4,680 – 4,700 USD after breaking out of its previous downtrend channel. Price keeps reacting near EMA34 and EMA89, showing temporary balance between buyers and sellers.
The main resistance remains 4,750 – 4,800 USD. Although gold recovered strongly from 4,500 USD, buyers still have not managed to break this zone clearly, and profit-taking continues to appear quickly near the top.
The biggest pressure comes from stronger US inflation data. April CPI rose to 3.8%, while PPI also increased sharply due to higher energy and trade costs linked to Iran tensions. This has reduced expectations for Fed rate cuts and kept both US yields and the dollar elevated.
Oil staying above 100 USD per barrel adds more inflation risk, while India’s higher import duties on gold and silver may weaken physical demand.
Still, the long-term outlook remains supported by central bank buying, ETF inflows, and bullish forecasts from major institutions such as Goldman Sachs and JPMorgan.
Technically, the breakout from the late-April downtrend channel and the improving EMA34 structure suggest selling pressure is fading. For now, XAUUSD may continue moving sideways until inflation cools or the Fed becomes more dovish.
GBPUSD Slightly Lower, but Market Sentiment Remains Strong!From a technical standpoint, the price is currently navigating within an ascending wedge pattern, and I anticipate this trend to continue, with a key target near 1.365.
The price is respecting the established channel, and the 1.365 level stands as a critical juncture—where a pullback or a continuation of the upward movement could lead to even stronger momentum.
However, a decisive break below the trendline would invalidate the bullish scenario, signaling a potential pause or reversal in the uptrend in the short term. Monitoring price action at these levels will be crucial to gauge the next move.
XAUUSD: Waiting for the Next MoveThe price has recently surged significantly, breaking out of the trendline and now the market is slowing down, moving sideways.
This is a typical reaction following a sharp rally. Overall, buyers remain in control, but they are currently taking a breather.
A clear breakout above the current range will confirm that buyers are ready to resume the uptrend and drive the price to new highs.
This is the scenario I’m watching, some fluctuations, followed by an upward breakout once the market completes its consolidation phase.
XAUUSD: Potential Reversal at Key Point in Ascending ChannelThe price is likely undergoing a correction as it tests the lower boundary of the ascending channel, as shown on the chart. This boundary serves as a dynamic support level for the trend, and if buyers step in strongly here, we could see a notable bullish reaction.
If the price successfully rebounds from this support level, the uptrend could continue towards the middle of the channel, with the next target around 4,835. This scenario would reinforce the overall bullish trend. However, if the price clearly breaks below the support line, the bullish outlook would weaken and could lead to further downside movement.
Monitoring candlestick patterns and volume at this critical zone is essential to identify buying opportunities. Don’t forget to manage your risk carefully, always confirm your setups, and maintain a solid risk management strategy.
If you have any thoughts on this setup or need further details, feel free to share them in the comments!
XAUUSD Can Push HigherThe price climbed higher after breaking the trendline, facing very little resistance. Notice how it broke decisively right above the trendline, signaling a strong and clear move.
Afterward, the price paused and formed a double top. This is not a sign of weakness, just a temporary pause, as there is no follow-through to the downside. Selling pressure remains minimal, indicating that buyers are still in control.
With the price holding above this level, the outlook remains bullish, targeting the next level around 4,835.
XAUUSD at Support: Will the Price Reverse from Here?The XAUUSD market is currently exhibiting a strong bullish structure within a well-defined parallel channel. After a period of sustained growth, the price underwent a sharp pullback, reaching the lower boundary of the channel, where it was strongly rejected. The long wicks and smaller candles suggest a weakening of the selling pressure, signaling a potential recovery.
My first target (TP1) at 4,740, just above the previous swing high, is a reasonable level for partial profit-taking, as this is a zone where price may pause or consolidate. The second target (TP2) at 4,820 aims for the top of the channel, marking the potential completion of this bullish move.
However, this strategy requires patience and waiting for confirmation from the market. I am closely watching the current support level, and a strong rejection at this zone will provide the ideal signal to enter a long position. Overall, this setup is a balance between simplicity and effectiveness, focusing on high-probability reversal zones, creating a solid and disciplined investment strategy.
Gold Holds in Tight Range as Markets Wait for U.S Inflation DataHi traders,
Gold prices have entered a consolidation phase after rebounding sharply at the beginning of the month. On the H4 timeframe, price action remains compressed between the EMA 34 and EMA 89, reflecting hesitation from both buyers and sellers. The narrowing gap between the two moving averages suggests fading bearish pressure, but momentum is still not strong enough to produce a clear directional move.
The market’s attention is now shifting toward this week’s key U.S. economic releases. CPI and PPI inflation figures, retail sales data, along with comments from FED officials, are likely to become the main catalysts for volatility. A softer inflation reading could strengthen expectations for future rate cuts, potentially allowing gold to retest the 4,860–4,900 resistance region. However, if the dollar and Treasury yields remain firm, upside potential may continue to face resistance.
Another signal worth watching is the decline in Comex trading activity reported by Kitco News. Lower participation from large players suggests that institutional money is still waiting for stronger confirmation before entering the market aggressively.
Technically, gold continues to find support around 4,650. Meanwhile, the 4,750–4,800 zone remains a critical barrier. A breakout above this range would likely improve short-term bullish sentiment considerably.
Gold: Watch for a potential upward correction toward 4,650Price previously had a fairly strong upward move, showing that buying pressure is still dominant within the larger structure. However, after completing the 5-wave impulse move, momentum began to weaken as price was no longer able to continue expanding as strongly as before.
From the top, the market is forming a corrective decline in an ABC structure. In this structure, wave A represents the initial profit-taking pressure, while wave B is a technical rebound where buyers tried to step back in, but were not strong enough to break above the previous high.
At the moment, the main expectation is that price may continue to decline in wave C toward the important support area around 4,650, which is also the previous flip area — a zone that once acted as resistance and may now become support.
If price reacts well at this zone, it could be a sign that buyers are starting to return to the market. However, this scenario still needs to be confirmed based on the actual price reaction when it reaches that area.
Gold in a downtrend — can sellers push it to $4,400?Right now, OANDA:XAUUSD is a textbook example of a market moving within a well-defined descending channel, with price action consistently reacting to both the upper and lower boundaries of the structure. Each rally has been limited, indicating that selling pressure remains dominant and there are no clear signs of a reversal yet.
Following the recent decline, price is now pulling back and approaching a key resistance area, which also aligns with the upper boundary of the channel. This zone overlaps with the previous retracement, making it an important area to watch closely. If price continues to face rejection here, it would reinforce the bearish structure and increase the likelihood of further downside, with a potential move toward the 4,400 region.
As long as price remains below this resistance zone, the bearish setup stays valid. However, if price breaks above and exits the channel, the current structure may be invalidated, opening the door for a deeper corrective move.
Always apply proper risk management in every trading setup.
Gold Analysis: Can Sellers Push Price Down to 4,500?Hello dear traders, Selena here!
Looking at the XAUUSD chart right now, I find it quite interesting.
Take a look: price has been trapped within a clear descending channel, forming lower highs and lower lows, respecting both boundaries consistently.
At the moment, price has pushed back toward the midline of the channel — and this is where things get interesting. With bearish momentum showing no real signs of slowing down, the structure suggests that another rejection could be coming soon.
If that rejection happens, the short setup becomes very clear: a move back toward the lower boundary of the channel, with a potential target around 4,500.
Remember, in a channel like this, trading with the trend always has a higher probability than trading against it. Until the channel is broken, sellers remain in control.
Do you agree? Drop your thoughts in the comments. Engaging with the TradingView community is always a great way to improve and grow your trading skills.
XAUUSD: Sell to Win?Do you think Gold prices are likely to decline today? Let’s take a look at the gold market together with Selena!
After a period of gains, XAUUSD has stalled below the psychological level of $4,650, but still lacks the momentum to break above this resistance zone. Evidence shows that Gold has repeatedly declined after reacting to this area twice.
Today, Gold is slightly correcting and is currently trading at $4,608, down 0.13% on the day. It can be seen that there is no significant breakout in either direction, and price remains close to the EMA 34 and 89 zones. Therefore, Gold is more likely to continue consolidating as it is now, fluctuating within the expected range between $4,650 and $4,500.
Outlook: A breakdown below the current support zone could push the price of this metal lower, as the bearish trend remains the primary bias.
And you, do you think XAUUSD will rise or fall? What is your target view?
Today’s Price – Will It Rise or Fall?Hello everyone — what are your thoughts on OANDA:XAUUSD ?
Gold prices in today’s trading session continue to move within a narrow range after the sharp decline seen at the beginning of the month. Overall market sentiment remains cautious as investors are simultaneously monitoring global economic developments, geopolitical tensions, and expectations surrounding U.S. monetary policy. Safe-haven flows are still present, but they are not yet strong enough to create a clear bullish trend in the short term.
In the international market, the U.S. dollar continues to maintain relative strength while U.S. Treasury yields have not yet shown clear signs of cooling down. This continues to put pressure on gold because when yields rise, the attractiveness of the precious metal — which does not generate interest — tends to decrease. In addition, the market is still waiting for clearer signals from the Federal Reserve regarding the timeline for potential interest rate cuts this year.
On the other hand, risks related to the global economy and geopolitical tensions continue to provide important support for gold. Many investors still maintain a portion of gold in their portfolios as a hedge against volatility, especially when financial markets show signs of instability. This helps gold prices hold key support levels despite occasional selling pressure.
From a short-term technical perspective, gold is currently moving sideways within a consolidation range with fairly clear boundaries. The 5,040–5,060 zone continues to act as an important support level, while the 5,150–5,200 area remains a strong resistance that price has tested several times but has not yet been able to break. This behavior suggests the market is currently in a supply-demand balance phase before a clearer breakout occurs.
In the short-term scenario, gold is likely to continue moving sideways within the current price range. Personally, I’m not leaning strongly toward either side yet and prefer to wait for additional information from economic news releases later this week.
What about you — which direction do you think gold will move next? 📊
Gold Alert: Breakout or Breakdown?Hello everyone — let’s take a look at the latest gold price action today!
🚨 Gold Alert! The precious metal is at a critical crossroads today, testing the 5,170–5,180 USD resistance zone after a strong rally. Gold is currently losing value due to the strengthening of the US dollar. The US jobs report for February will be the main focus on Friday.
Technical Analysis: Gold is fluctuating below the resistance zone and has yet to break through decisively. The next few hours will be crucial. If the support at 5,050 USD breaks, we can expect a sharp decline toward the psychological 5,000 USD level.
💬 What do you think? Will gold break through resistance and surge higher, or will we see a downward correction? Let’s discuss!
EURUSD continues its streak of declinesThe OANDA:EURUSD exchange rate is currently being influenced more by Washington than Frankfurt.
Until the Federal Reserve’s interest rate path becomes clearer, or the eurozone experiences stronger economic momentum, rallies in EURUSD are likely to remain limited. For now, the US dollar remains the market’s preferred currency, with the euro following behind.
From a technical perspective, EURUSD is struggling to recover from the 1.1530 zone, and the short-term bias has shifted to the downside. The 1.1670–1.1700 area now acts as a key resistance level. If price is rejected from this zone again, sellers may regain control and push the pair toward the next support near 1.1530 or even lower.
Gold Rebound — New Momentum or Just a Trap?Hello everyone, let’s take a closer look at the latest developments in OANDA:XAUUSD .
From a fundamental standpoint, gold recently experienced a sharp pullback after an aggressive rally. The decline was largely driven by profit-taking as investors locked in gains, while a temporary recovery in the US dollar added further pressure on the metal. At the same time, rising US Treasury yields have increased the opportunity cost of holding gold, contributing to short-term selling pressure.
From a technical perspective, gold has retraced roughly 8% from its recent peak, triggering a strong liquidity sweep before buyers began stepping back into the market. Following that intense sell-off, price action is now stabilizing within a support zone around 5,080–5,120, where demand appears to be absorbing the remaining selling pressure.
If this support area continues to hold, gold could start building a base and attempt a recovery toward the 5,200–5,240 resistance zone.
So the key question now is: Is this the beginning of a new upward wave, or simply a temporary rebound before another drop? What’s your view on gold’s next move?
Gold Drops Sharply After Overheated RallyGold is currently trading around $5,150, marking a sharp decline from the previous session’s peak of $5,380. In a short period of time, the precious metal has fallen nearly $291, or roughly 5–6%, representing one of the most notable pullbacks following its recent strong rally.
The main driver behind this move is aggressive profit-taking from investors after gold repeatedly set new highs. At the same time, the US dollar has staged a solid recovery, adding further pressure to the precious metals market. The DXY index climbed to around 99, its highest level in about six weeks, as safe-haven flows temporarily shifted back toward the greenback.
In addition, US 10-year Treasury yields holding near 4% have increased the opportunity cost of holding gold. As yields become more attractive, some capital tends to move away from the metal, making the short-term decline more pronounced.
If the selling pressure continues, gold may retest lower support zones before establishing a new price base.






















