06/08/2025 XAUUSD GOLD ANALYSIS Xauusd gold breaks support after retest we plan this trade 100pips done in this trade
GOLD.F trade ideas
Gold (XAU/USD) – 1H Chart Technical AnalysisGold is currently undergoing a corrective move after a strong bullish rally, showing signs of exhaustion near a key confluence zone of resistance and Fibonacci levels.
🔍 Technical Breakdown:
🔴 Resistance Zone (3373 – 3379):
Price faced multiple rejections in this zone.
The 61.8% Fibonacci level (3373.60) aligns with a strong structural resistance.
78.6% Fib at 3402.83 marks the extreme end of the pullback, indicating a potential exhaustion point.
This area acts as a strong supply zone, and a decisive breakout is required to shift bias bullish again.
🟢 Support Zone (3333 – 3300):
The 38.2% Fibonacci retracement (3333.25) aligns with horizontal support from previous price action.
Rising trendline support also intersects this area — creating a confluence demand zone.
If price falls into this zone, it may act as a base for a bounce or trend continuation.
📐 Rising Trendline:
The short-term uptrend is still intact as long as the trendline holds.
A breakdown below this line could confirm a shift toward bearish correction.
🧠 Market Structure Insight:
Price formed a lower high after rallying from the recent bottom.
Minor bearish structure is forming below the 3373 level.
Current candle structure suggests weakness and rejection from resistance.
🧭 Trade Bias & Expectation:
Bearish bias below 3373:
If price continues to trade below this level, the expectation is a drop toward 3333 and possibly 3300.
Bullish scenario above 3380:
If price breaks and sustains above 3380–3400 with strong momentum, bullish continuation could follow.
🎯 Summary:
Gold is at a key decision point. Watch for:
Break below 3333 = deeper pullback.
Hold above 3333 = potential bounce.
Break above 3380 = bullish breakout.
#XAUUSD #GoldAnalysis #TechnicalAnalysis #ChartCraft #PriceAction #Fibonacci #SupportResistance #GoldTrading #MarketStructure #TrendlineSupport #ForexCharts #Commodities
GOLD BUYING OPPORTUNITY There is a buying opportunity on gold once a green candle form and a high is break.
Logic:-
1. There is a buying pressure on gold and this is the area which is make or break.
2. The gold is ready for a All time high.
Gold Analysis and Trading Strategy | August 6✅ Fundamental Analysis
🔹 Tariff Policies Increase Global Uncertainty: U.S. President Donald Trump has proposed imposing high tariffs on countries such as Canada, Brazil, and India. This move may increase operating costs for global businesses and further intensify economic uncertainty, prompting a continued inflow of safe-haven capital into the gold market.
🔹 Fed Leadership Change Expectations Bullish for Gold: Trump has expressed intentions to replace current Federal Reserve Chair Jerome Powell. The market anticipates that the new appointee will likely adopt a more dovish stance, which could suppress the U.S. dollar and provide medium-to-long-term support for gold prices.
✅ Technical Analysis
🔸 During the Asian session, gold experienced a slight pullback but stabilized afterward, maintaining a steady upward consolidation structure. This trend is expected to continue into the European session, with short-term focus on a potential breakout above key resistance zones.
🔸 4-Hour Chart Analysis: Price action shows signs of rejection near the accelerated uptrend line, indicating short-term downside pressure. Gold is currently near the upper Bollinger Band, with MACD momentum weakening—suggesting a possible technical correction and that caution is warranted when buying at higher levels.
🔸 1-Hour Chart Analysis: The price has started to flatten out and is now trading below the moving averages. Key technical indicators such as KDJ and MACD have formed bearish crossovers, implying a likely short-term pullback before the trend resumes higher.
🔴 Resistance Levels: 3385–3390 / 3405–3430
🟢 Support Levels: 3365–3370 / 3345–3350
✅ European Session Trading Strategy Reference
🔺 Long Strategy:
🔰 If gold pulls back and stabilizes in the 3365–3370 area, consider light long positions.
🎯 Target: 3390–3400
🔻 Short Strategy:
🔰 If gold rebounds to the 3390-3395 area and shows signs of resistance, consider light short positions.
🎯 Target: 3370–3360
⚠️ Strategy Summary:
🔰 A confirmed breakout above 3390 could open up upside potential toward the 3400–3430 range.
🔰 A breakdown below 3350 would increase the risk of a deeper correction.
🔥Trading Reminder: Trading strategies are time-sensitive, and market conditions can change rapidly. Please adjust your trading plan based on real-time market conditions. If you have any questions or need one-on-one guidance, feel free to contact me🤝
Xauusd counter trade OANDA:XAUUSD
If candle close below this line
After that price will take retracement
To upside ,if price respect supply zone
And after some negative price action we
Can sell for next target will be 3361
Xauusd is positive it's a pullback trade to down side
Subscribe me on youtube for daily analysis video..
Follow price action
XAUUSD / GOLD / GC ANALYSIS 06-AUG-2025LTP: 3373.x
Supports: 3321/3313/3281/3267
Resistances: 3386/3391
As of now, If these resistances hold, we can see 3365-3359, extension 3347.
Reversal from any of these levels and as long as the above supports hold, we can see 3391 again and further 3403, 3412, 3421, extension 3450.
Elliott Wave Analysis – XAUUSD August 6, 2025📊
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🔍 Momentum Analysis
• D1 Timeframe:
Daily momentum is showing signs of a potential bearish reversal. However, we need to wait for today’s candle to close to confirm the signal. While waiting for confirmation, price may still experience a minor upward move on lower timeframes, but the current bullish momentum is weak and unlikely to extend far.
• H4 Timeframe:
Momentum is also preparing to reverse. We need to observe the current H4 candle for confirmation. Notably, the reversal signal is forming just below the overbought zone, suggesting there may be one more upward push before a potential decline.
• H1 Timeframe:
Momentum is approaching the oversold zone. It may take 1–2 more bearish candles before a short-term bullish rebound occurs.
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🌀 Elliott Wave Structure Update
Yesterday’s bullish move was disappointing — instead of pushing directly to the 3402 or 3419 target zones to complete Wave 5, price only broke slightly above 3385 before reversing. This behavior complicates wave analysis by introducing conflicting possibilities.
We currently consider two main scenarios:
Scenario 1: Wave 5 is not yet complete
• Given that D1 momentum is preparing to reverse downward, it’s unlikely that the current move is Wave 1 of Wave 5. A more likely scenario is that Wave 3 of Wave 5 has completed and price is currently in Wave 4.
• The current corrective structure has stopped at the 0.382 Fibonacci level. As long as price remains above 3370 (the 0.5 Fib level), this strengthens the case for a Wave 4 retracement before another leg up in Wave 5.
• Since bullish strength appears limited, we now focus on two main target zones for Wave 5: 3395 and 3402, instead of the previous high at 3419.
Scenario 2: Full 5-wave structure is complete – now in correction
• If the 5-wave pattern has already finished, the current decline marks the beginning of a corrective phase.
• With current momentum conditions, this is still a viable scenario. However, due to the remaining upside possibility, we recommend waiting for today’s D1 candle to confirm momentum before taking any trade.
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📌 Trade Plan
For experienced traders:
• Wait for price to reach the 3395–3402 zones.
• Look for reversal signals in those areas to enter short positions.
Suggested trade plan for newer traders:
• Sell Zone: 3395 – 3398
• Stop Loss: 3408
• Take Profits:
o TP1: 3385
o TP2: 3370
o TP3: 3349
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✅ Note:
This trade plan should be reassessed after today’s D1 candle closes for confirmation of the momentum shift.
Gold Shows Strength Above Key Fibonacci LevelLooking at the broader time frame, gold has successfully maintained the upward momentum it gained on Friday, with bulls managing to sustain these higher levels. Additionally, the market has broken out aove tbhe important Fibonacci golden zone at the 60% retracement level of 3374, which is a significant bullish sign.
On the lower time frame analysis, we can observe that the 3350 level (Previos day S1) is acting as strong support for gold . Today's pivot is showing an ascending formation pattern, which is clearly visible on the 15-minute time frame chart. The intraday support level for today is at 3357.
From an overall perspective, the larger time frame structure continues to look positive and bullish and currently seems like in consolidation phase. However, if gold manages to print a high low (3335-40 will be good) on the H4 time frame, this would provide an even stronger confirmation signal for the ongoing bullish trend. The combination of sustained momentum, Fibonacci breakout, and ascending pivot formation suggests that gold remains in a favorable position for continued upward movement, provided key support levels hold.
XAUUSD | Techinical Analysis for 08/06/2025Hi,
The next possible move in gold can be downside after a small bounce till 3378 to 3382. The move can go upto 3370, 3365, 3360.
Disclaimer: This is only for educational purpose.
Thanks
Is gold back on track?Gold is making a strong recovery from the 3,365 USD support zone and is now hovering around 3,380 USD. After a brief correction, the price has bounced back and is heading toward the key resistance area at 3,396 USD. A breakout above this level would likely open the door for a further move toward the 3,428 USD target.
The bullish sentiment is supported by weaker-than-expected U.S. employment data, which has raised expectations that the Federal Reserve (Fed) may cut interest rates sooner. This is boosting demand for gold as a safe-haven asset.
The short-term trend now leans bullish, as long as the price holds above the 3,365 support. A confirmed breakout above 3,396 could be the signal for the next leg higher.
XAU/USDA precise and well-timed entry in XAU/USD was executed at 3381, aligning with a short-term bullish momentum. This buy trade was based on a minor pullback to an intraday support zone, where price action showed signs of reversal through bullish candlestick patterns and a bounce from a key support level. The stop-loss was placed at 3377, just below the immediate support and recent minor low, providing a tight risk buffer while protecting the position from unexpected downside movement.
The target was set at 3389, aiming for a quick profit within the nearest resistance zone. This trade setup offered a favorable risk-reward ratio of 1:2, making it attractive for intraday traders. Indicators like RSI and MACD confirmed bullish divergence, further supporting the long entry.
By combining technical confluence, price action signals, and strict risk management, this entry at 3381 represented a disciplined and strategic trade in the fast-moving XAU/USD market.
Gold Trading Strategy for 06th Aug 2025📊 Gold Trading Plan ($XAU/USD)
🟢 Buy Setup:
Entry: Buy above the high of the 15-min candle closing above $3,392
🎯 Targets:
$3,403
$3,414
$3,426
⚠️ Stop-Loss: Place below the breakout candle low (as per your risk strategy).
🔴 Sell Setup:
Entry: Sell below the low of the 1-hour candle closing below $3,369
🎯 Targets:
$3,355
$3,345
$3,330
⚠️ Stop-Loss: Place above the breakdown candle high (as per your risk strategy).
📌 Disclaimer:
Trading in commodities and financial markets involves significant risk. This is for educational purposes only and not financial advice. Trade at your own risk and use proper risk management.
XAUUSD / GOLD / GC ANALYSIS 05-AUG-2025 @ 3356LTP: 3356
Supports: 3310/3267/3247/3119
Resistances: 3386/3439/3500
As long as the above supports hold, we can see 3500 again.
Targets: 3453, 3534, 3677, 3789, 3903+++.
XAUUSD | Technical Analysis for 08/05/2025Hi,
I am seeing a bounce up side in gold till 3365 to 3372. Corrective wave can start from here.
Disclaimer: This is only for educational purpose.
Thanks
Gold new ATHGold has beautiful flag & poll pattern. Rushing toward new all time high soon. Till December i think gold will rock. Any dip will be buying opportunity only. I can see the 4000 levels soon.
Elliott Wave Analysis – XAUUSD, August 5, 2025📊
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🔍 Momentum Analysis:
• D1 Timeframe:
Momentum has entered the overbought zone. As anticipated in previous plans, we've seen four consecutive bullish days, and the current overbought condition signals that bullish momentum is weakening.
• H4 Timeframe:
Momentum is reversing downward → We expect a potential pullback today, at least until the US session.
• H1 Timeframe:
Momentum is also turning down → This supports the possibility of a short-term pullback on the H1 chart.
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🌀 Wave Structure Analysis:
Currently, there are two key scenarios to consider:
✅ Scenario 1 – ABC Correction Structure (black labels):
• If this is a C wave completing an ABC correction, the current bullish move is likely over.
• In this case, price may break below the 3315 support zone, resuming the medium-term bearish trend.
✅ Scenario 2 – Impulse Wave 12345 (black labels):
• If this is wave 5 of a 5-wave impulse, the uptrend may not be complete yet.
• Currently, wave 5 has reached its first target at 3385, however, we must still watch for an extended target around 3402.
• Notably, wave 4 took the form of a triangle. According to Elliott Wave theory, when wave 4 is a triangle, wave 5 typically travels a distance equal to the triangle’s maximum height → This makes 3385 a highly probable peak area.
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🧭 Trade Plan (Reference Only):
🔹 Sell Setup #1 – Near Potential Wave 5 Top:
• Sell Zone: 3375 – 3378
• Stop Loss: 3387
• TP1: 3365
• TP2: 3344
• TP3: 3333
🔹 Sell Setup #2 – In Case of Extended Wave 5:
• Sell Zone: 3400 – 3402
• Stop Loss: 3410
• TP1: 3385
• TP2: 3368
• TP3: 3333
Gold Surges on Weak NFPHello everyone, what’s your take on XAUUSD?
Gold prices soared at the end of the last session and are now trading around $3,380. This sharp rise followed a weaker-than-expected U.S. Non-Farm Payrolls (NFP) report, which shifted market sentiment toward expectations that the Fed may delay interest rate cuts. As a result, the U.S. dollar weakened and demand for gold as a safe haven surged.
Technically, gold appears to be forming a cup and handle pattern, with the first resistance target at $3,400, followed by $3,435.
What do you think? Could this rally continue? Let us know in the comments!
Gold Analysis and Trading Strategy | August 5✅ Fundamental Analysis
🔹 Rising Geopolitical Risks: Military tensions between the U.S. and Russia are escalating in Eastern Europe, while the humanitarian crisis in the Middle East continues to intensify. This has heightened risk-off sentiment and supported demand for gold as a safe haven.
🔹 Tightening Global Trade Conditions: The U.S. has announced new tariffs on imports from countries such as Switzerland and India, raising concerns over global supply chains. This has triggered risk aversion and prompted capital to flow into safe-haven assets like gold.
🔹 Weaker U.S. Dollar: The U.S. Dollar Index has fallen to 98.786, hitting a new short-term low and providing a favorable monetary environment for gold.
🔹 Upcoming Data Impact: Market participants are closely watching today’s release of the U.S. July ISM Non-Manufacturing PMI. A weaker-than-expected reading could further weigh on the dollar and help push gold through key resistance levels.
✅ Technical Analysis
🔸 The market is currently in a post–non-farm payroll recovery phase. Gold prices have continued rising without a meaningful pullback, which suggests that the rally is being driven by momentum. However, such slow and steady gains often precede short-term corrections as bulls may begin to take profits. Caution is warranted for potential volatility or reversal at higher levels.
🔸 On the hourly chart, gold remains within an upward channel, although bullish momentum is gradually weakening. Yesterday’s low around 3345 serves as a key support level, while the 3385–3390 zone is a crucial short-term resistance. A retest of this area could lead to a modest pullback.
🔸 On the 30-minute chart, early signs of a potential top are emerging. Technical indicators are in overbought territory, and candlestick behavior shows price stalling near highs. A possible double-top pattern is forming around 3385. If the price breaks below the neckline at 3370, the pattern would be confirmed, opening up short-term downside potential.
🔴 Resistance Levels: 3385–3390 / 3400–3405
🟢 Support Levels: 3370–3360 / 3345–3335
✅ Trading Strategy Reference:
🔻 Short Position Strategy:
🔰Consider entering short positions in batches if gold rebounds to the 3385-3390 area. Target: 3370-3350；If support breaks, the move may extend to 3340.
🔺 Long Position Strategy:
🔰Consider entering long positions in batches if gold pulls back to the 3340-3345 area. Target: 3365-3375；If resistance breaks, the move may extend to 3385.
🔥Trading Reminder: Trading strategies are time-sensitive, and market conditions can change rapidly. Please adjust your trading plan based on real-time market conditions. If you have any questions or need one-on-one guidance, feel free to contact me🤝
XAUUSD GOLD TRADING STRATEGY August 5, 2025: XAUUSD Gold Trading Strategy August 5, 2025:
Yesterday's trading session, gold prices continued to increase sharply due to previous influences. However, the possibility of a short-term correction in gold prices at the end of the week will be very high.
Basic news: According to CME FEDWatch, the probability of the Fed cutting interest rates at its September meeting has now increased to about 84%, reflecting increasing concerns about economic weakness. The market is currently pricing in at least two 25 basis point cuts between now and the end of the year, showing a clear shift in investor sentiment after disappointing employment data.
Technical analysis: Gold's bullish momentum is currently showing signs of weakening. The peak area of 3383 - 3385 may create a double peak pattern on H1, but the possibility of gold prices correcting today is very low. Currently, gold prices are filling liquidity at support areas. The correction of gold prices may take place at the end of the week when buyers take profits.
Important price zones today: 3350 - 3355 and 3330 - 3335.
Today's trading trend: BUY.
Recommended orders:
Plan 1: BUY XAUUSD zone 3350 - 3352
SL 3347
TP 3355 - 3365 - 3375 - 3400.
Plan 2: BUY XAUUSD zone 3330 - 3332
SL 3327
TP 3335 - 3345 - 3365 - 3400.
Plan 3: SELL XAUUSD zone 3420 - 3422
SL 3425
TP 3417 - 3407 - 3387 - 3357 - OPEN (small volume).
Wish you a safe, successful and profitable trading day.🌟🌟🌟🌟🌟
05/08/2025 XAUUSD GOLD TODAY ANALYSIS Xauusd gold in 30 MTF looking bearish if gold given any pullback look for sell and today there is a news ISM @ 7:30pm (IST)
I took this trade on 30MTF
XAU/USD Forming Three-Candle Swing – Targeting 3362 with SL 3382Gold (XAU/USD) has formed a three-candle swing pattern on the daily timeframe, signaling potential short-term weakness. The structure suggests a downside move is likely, with a projected target of 3362, provided the price respects the stop-loss level at 3382.
This setup aligns with short-term correction within the broader structure and can offer a high-probability intraday or swing short opportunity.
Trade Setup:
🔻 Entry: Near current market price
🎯 Target: 3362
❌ Stop-Loss: 3382
🕰️ Timeframe: Daily (Swing to short-term move)
📌 Note: Look for bearish continuation confirmation like a strong bearish candle or break below minor intraday support.
#XAUUSD #Gold #ForexTrading #PriceAction #TechnicalSetup #ThreeCandleSwing #TrueDirections1
XAUUSD awaits breakout at confluence zoneGold is consolidating around 3,361 USD after a strong rebound from the key support zone at 3,284 USD — previously a major swing low in the existing bullish structure. Recent price action on the H4 timeframe is forming a potential Cup and Handle pattern, indicating that buying pressure remains present after each retracement.
The 3,351 USD resistance area now acts as a confluence zone, where the descending trendline from July intersects with a key horizontal level. Price behavior at this zone will likely determine the next directional move. A successful breakout would confirm the bullish continuation structure, with room to revisit the previous highs.
Current technical signals suggest that buyers are gradually regaining control, as higher lows emerge and upward momentum builds from the major support area.
Gold Trading Strategy for 05th August 2025GOLD (XAU/USD) INTRADAY TRADE PLAN 💰✨
Buy Setup – Bullish Opportunity 📈💵
Entry: Buy Gold (XAU/USD) above $3,386 (only after a 1-hour candle closes above this level).
Targets:
$3,395 🎯
$3,406 🎯
$3,419 🎯
Stop Loss: Below $3,380 (or below the breakout candle’s low).
Logic:
A 1-hour candle close above $3,386 indicates bullish momentum.
Breaking this resistance zone may trigger short-covering and attract new buyers.
First target ($3,395) is the immediate resistance, while higher targets ($3,406 and $3,419) align with the next price supply zones.
Sell Setup – Bearish Opportunity 📉💵
Entry: Sell Gold (XAU/USD) below $3,363 (only after a 1-hour candle closes below this level).
Targets:
$3,350 🎯
$3,338 🎯
$3,325 🎯
Stop Loss: Above $3,370 (or above the breakdown candle’s high).
Logic:
A 1-hour candle close below $3,363 shows bearish momentum.
A breakdown can accelerate selling pressure, targeting the next demand zones around $3,350–$3,325.
Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Trading in commodities, indices, or forex involves high risk, and you should trade with proper risk management. Past performance does not guarantee future results. Consult your financial advisor before making any trading decisions.
