Futures market
Gold - Technical Analysis (Time Frame: 1 Hour)CAPITALCOM:GOLD Gold - Technical Analysis (Time Frame: 1 Hour)
Analysis:
The chart clearly shows that the price has recently formed a strong uptrend, but it’s now forming a double top pattern (mini double top) on the upside, which is a potential bearish signal.
A break below the neckline of the double top could lead to a significant downward move.
Key Points:
The price has faced resistance at the 3,380.00 level.
It has reversed twice after reaching this resistance.
A descending trendline (upper resistance) is also forming.
A key support trendline is visible near 3,340.00.
Possible Scenario:
If the price breaks below the 3,340.00 support, the market could drop further towards 3,300.00 or even lower.
Expected Target: 3,280.00 - 3,260.00 zone.
Trading Strategy After ADP Nonfarm NewsPay attention to the trading range in the US session when ADP news is released. 3365 and 3343 are sideways ranges.
We can wait for a breakout trading strategy of this price range.
H1 closes above 3350, we will have a trading strategy towards 3365 and wait for the reaction in the next range. If it breaks, DCA will go up to 3390.
If it closes below 3351, wait for it to close below 3343 and retest to SELL to 3325
XAGUSD H4 I Bullish Bounce Off Based on the H4 chart analysis, the price is falling toward our buy entry level at 33.61, a pullback support.
Our take profit is set at 34.71, a pullback resistance.
The stop loss is placed at 32.60, a swing low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Gold's Bullish Comeback Inverted Head & Shoulders Pattern📊 Chart Analysis
This is a 1-hour chart of XAU/USD (Gold Spot vs. USD) showing a classic Inverted Head and Shoulders pattern — a bullish reversal formation.
🔍 Pattern Breakdown:
Left Shoulder: Formed in early May.
Head: Deep dip mid-May.
Right Shoulder: Developed in late May.
Neckline Breakout: Price has broken above the neckline with strong bullish momentum.
📈 Key Levels:
🔵 Bullish Confirmation: 3,278.395 (breakout level, neckline)
🔼 First Target: 3,410.372 🔴
🎯 Final Target: 3,495.774 🚀
📉 EMA 70 (3,316.651) is acting as dynamic support, aligning with the bullish scenario.
🧠 Interpretation:
As long as price stays above the bullish zone (3,278), the bias remains strongly bullish.
Traders might consider entering on pullbacks or breakouts with stops below the right shoulder or neckline.
📌 Summary:
✨ Bullish Reversal Unfolding
💹 Breakout confirmed
🎯 Targeting higher highs
Bearish Setup Forming Near Resistance | Fib + Order Block🔍 Technical Breakdown
Price is currently hovering around 3,371, testing a key resistance zone. This level aligns with a Fibonacci retracement and a marked order block, suggesting a potential reversal area.
Resistance Zone: 3,371.487
Support Levels: 3,361.705 and 3,354.190
Indicators Used: Fibonacci Retracement, Order Block
A red arrow on the chart illustrates a projected bearish move. If price fails to break above the resistance, we may see a retracement toward the lower support levels.
📌 Trade Idea
Watch for bearish confirmation (e.g., rejection candles, volume spikes) near the resistance zone. A short position could be considered with a target near the support levels and a stop above the resistance.
XAUUSD – Mild Pullback Before Breakout?Gold is currently experiencing a short-term pullback after U.S. jobless claims forecasts came in lower than previous levels. This suggests that the labor market remains resilient, reducing the likelihood of the Fed cutting interest rates soon. As a result, the U.S. dollar finds support, putting mild downward pressure on gold.
However, on the H4 chart, XAUUSD remains within a clearly defined ascending channel. The current dip may simply be a retest of the support zone around 3,356 — the intersection of the channel’s lower boundary and the 34 EMA. If this area holds firm, gold could rebound with the next target at 3,429.
XAU Update June 2025After experiencing quite a long consolidation, finally the price of gold has again shown an effort to retest the resistance at the price of 3400 and this has the potential to continue its retest towards ATH.
This will be supported by global geopolitical conditions and also US economic policies.
Good Luck !
Daily Analysis- XAUUSD (Thursday, 5th June 2024)Asian + London Session
Bias: No Bias
USD News(Red Folder):
- Unemployment Claims
Notes:
- Price consolidating within the 4hr structure
- Looking for price to liquidate the equal high OR equal low
- Potential BUY/SELL if there's confirmation on
lower timeframe
- Pivot point: 3300,3428
xauusd m30 wyckoff Re-accumulation after up trend
PS (Preliminary Support) 3,320 ate3/6
SC (Selling Climax) ~3,305 date 3/6
AR (Automatic Rally) pull back to 3,360
ST (Secondary Test) retest at ~3,320 with volume lower
SOS (Sign of Strength) go higher at date 4/6 to 3,383
LPS (Last Point of Support) pull back to 3,350 and then sideway
Upthrust/BU (Break Up) may be create a new higher after break 3,384
GOLD REVERESED! Looking for the breakout!We got some news Tuesday that shifted the direction of the pullback and now looking like we might just break out. if we can make it above yesterdays highs and closed on the H4 then I think it will be safe to look for higher levels. but if it breaks down from here then we could still see it reach for Liquidity. We just have to be patient in waiting for price to show its hand.
BEST XAUUSD M30 BUY AND SELL SUTUP FOR TODAY📊 Gold is currently showing bullish strength with a break above key structure levels and multiple CHoCH confirmations. Price is approaching a weak high near 3,392, which may act as a liquidity target before potential reversal. 🔄 After sweeping this high, a bearish move could unfold, aiming for the demand zones between 3,350–3,333 where buyers may step back in. 🧠 Traders should prepare for a liquidity grab scenario, with bullish continuation likely invalidated if price closes below the strong demand. ⚠️ Watch price action closely near the weak high and key imbalance zones. 🚀🔁📉
XAUUSDThe attached image represents an advanced technical analysis of the gold (XAUUSD) chart using a set of advanced tools and methods, such as:
🧠 Elliott Wave Analysis:
A clear sequence of waves is shown:
Wave (i) in red represents the peak.
Wave (ii) below (correction A-B-C).
Within the correction, we identified:
A then B (reaching 0.786 Fibonacci retracement of A).
Wave C ended in a demand zone.
📊 Smart Tools Used:
EQL (Equal Highs/Lows): Marked to highlight liquidity above the peaks.
CHOCH (Change of Character): Signals a change in trend from bearish to bullish.
BOS (Break of Structure): Indicates a breakout of a price structure (bullish here).
Demand Zone: A strong demand zone that has been responded to.
Weak High/Strong Low: To identify areas of volatility and the strength of buyers and sellers.
🔍 What this analysis indicates:
The end of an impulse wave (i) and a strong upward trend.
An A-B-C correction to a demand zone.
A strong upward rebound after the appearance of CHoCH and BOS.
Next prediction: The upward trend continues unless the Strong Low is broken.
June 5, 2025 - XAUUSD GOLD Analysis and Potential OpportunitySummary:
Today’s closing candle will be crucial — it will influence my outlook for Friday.
For now, I consider the market to be in a consolidation phase between 3385–3344.
Watch for breakout confirmation in either direction.
Strong resistance exists near 3392. If price ranges between 3390–3400 without clear direction, I may avoid trading in that zone.
🔍 Key Levels to Watch:
• 3415 – Resistance
• 3398–3400 – Psychological resistance zone
• 3392 – Strong resistance
• 3385 – Intraday key resistance
• 3370 – Intraday key support
• 3365 – Key support
• 3350 – Midpoint (bull-bear line)
• 3344 – Breakout level
• 3332 – Support
• 3323 – Critical support
• 3300 – Psychological level
📉 Macro Strategy:
SELL if price breaks below 3370 → target 3365, then 3360, 3355, and 3350
BUY if price holds above 3385 → target 3392, then 3398, 3405, and 3415
🙏 Yesterday I asked if anyone was curious about how I manage entry and stop-loss.
I noticed some of you left a boost — that tells me there’s interest!
📌 I’m currently working on a dedicated post about this.
It’s scheduled to be released next Wednesday, June 11.
BUT… if today’s boost reach 5, I’ll speed things up and try to get it done by this weekend.
If it goes beyond 10, I might even publish it as early as Friday.
Thanks for your support — it keeps me motivated to share more of my thinking! 🙌
Disclaimer: Personal opinion only, not financial advice. Use proper risk management.
The What vs. The Where - A 2nd Breakout Pattern After A Nice WinA few days ago we looked at a bullish breakout opportunity on Silver and it played out perfectly. After a lovely move to the upside, price has started to consolidate again providing us with a very similar setup.
HOWEVER, just as in the case of the first, we need to be aware that once again the WHAT doesn't necessarily align with the WHERE stopping this from being a Grade A trading opportunity.
Please leave any questions or comments below and remember to hit that LIKE button before you go!
Akil
WTI Oil H1 | Overlap support at 61.8% Fibonacci retracementWTI oil (USOIL) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 61.52 which is an overlap support that aligns close to the 61.8% Fibonacci retracement.
Stop loss is at 59.60 which is a level that lies underneath a multi-swing-low support.
Take profit is at 63.76 which is a multi-swing-high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.