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POST-FOMC MARKET OUTLOOK | Is Gold Poised for More Gains?🟡 GOLD 08/05 – POST-FOMC MARKET OUTLOOK | Is Gold Poised for More Gains? After last night’s FOMC meeting, the outcome came in line with expectations — the Fed held rates steady at 4.25%–4.50% and maintained a hawkish tone. Powell reinforced that there is no urgency to cut rates and that future policy will depend on incoming economic data. Despite some dovish hopes from the market, the Fed remained cautious — no pivot, no surprises. 🔥 Geopolitical Tensions: Meanwhile, geopolitical stress between India and Pakistan is escalating again around the Jammu-Kashmir region. This could continue to act as a bullish driver for gold, especially in Asia where safe-haven demand is more sensitive to border conflicts. 🧠 Market View: BUY Setup Still Dominates Over the past few sessions, gold has shown strong accumulation followed by solid bullish momentum. As long as candle structure remains healthy, buying dips near 338x–336x remains the preferred strategy. However, if an unexpected catalyst drives a breakdown below 336x with confirmation from candle close, this could invalidate the short-term bullish bias and open the door for a sell setup, targeting the large liquidity gap between 3354 to 3340. Until then, trade the range — respect top and bottom of key intraday zones. 📉 TECHNICAL ZONES TO WATCH: 🔺 Resistance Levels: 3396 3408 3430 3455 🔻 Support Levels: 3384 3366 3354 3334 🎯 Trade Plan: 🔵 BUY ZONE: 3336 – 3334 SL: 3330 TP: 3340 → 3344 → 3348 → 3352 → 3356 → 3360 🔴 SELL ZONE: 3430 – 3432 SL: 3436 TP: 3426 → 3422 → 3418 → 3414 → 3410 → 3400 ⚠️ Key Event Ahead: Today’s US session brings the Unemployment Claims report — known to trigger high volatility in precious metals. Stay alert, and always wait for confirmation candles before executing trades near critical zones. ✅ Follow for real-time updates and mid-session trade setups. 💬 Drop your view in the comments below – are we going to break higher or revisit liquidity zones?
OANDA:XAUUSD
by MMFlowTrading
Natural gas sell given below 298 , Target 290 hit sell rise How to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets : Target T1 : 36.1% to 38.3% Target T3 : 49.1% to 52.5% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ). Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:NATURALGAS1!Short
by EquityCommodityMarketJaiPrakas
Crude 5085 Target hit buy given near 4790 -80 enjoy huge profit How to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets : Target T1 : 36.1% to 38.3% Target T3 : 49.1% to 52.5% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ). Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:CRUDEOIL1!Long
by EquityCommodityMarketJaiPrakas
3
Sell silver for tomorrow fall will come after fed meeting How to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets : Target T1 : 36.1% to 38.3% Target T3 : 49.1% to 52.5% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ). Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:SILVER1!Short
by EquityCommodityMarketJaiPrakas
Sell silver at 32.60 near fall will come after fed meeting How to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets : Target T1 : 36.1% to 38.3% Target T3 : 49.1% to 52.5% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ). Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
OANDA:XAGUSDShort
by EquityCommodityMarketJaiPrakas
Gold sell at 97100 after fed meeting 2500-2700 points fall comeHow to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets : Target T1 : 36.1% to 38.3% Target T3 : 49.1% to 52.5% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ). Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:GOLD1!Short
by EquityCommodityMarketJaiPrakas
1
Gold sell at 3389-3392 and hold for tomorrow after fed event falIf fall then minimum 2000 points then 2500-2700 after gap down opening How to take trades using Harmonic pattern projection Trade setup is explained below :- Entry : 1st SL point : 0% is recent top or bottom. Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets : Target T1 : 36.1% to 38.3% Target T3 : 49.1% to 52.5% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4 : 76.4% to 79.7% Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ). Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re- Entry : For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) . Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
FX_IDC:XAUUSDShort
by EquityCommodityMarketJaiPrakas
1
Gold Trading Strategy, May 7-8📊From the hourly level, gold formed a double-needle bottoming pattern near 3360 during the early morning correction, showing strong short-term support. At the same time, 3350, as the low point of yesterday's Asian session correction, also constitutes an important support area at present, which needs to be focused on in the short term. 📊Before the announcement of the Fed's interest rate decision, market sentiment is relatively cautious, and gold is expected to continue to fluctuate at a high level in the range of 3350 to 3400. In terms of trading strategy, you can continue to maintain the idea of ​​selling high and buying low in the range, that is, try to short with a light position near 3400, and try short-term long orders when it falls back to 3350. 📊If gold breaks below the 3350 support line, it means that the short-term structure will weaken. It is recommended to follow the trend and go short. The further downward target can focus on the 3290 line, which is an important platform support area in the early stage. ✅Short-term Trading Strategy: 🔰Within the range (3350-3400): mainly sell high and buy low; 🔰If the support of 3350 is broken: follow the trend and go short, the target is around 3290; 🔴Upper resistance level: 3400-3410; 🟢Lower support level: 3350, 3290. ✅Trading strategies are time-sensitive. We will provide members with real-time and accurate trading strategies based on market changes. Short-term trading requires flexibility, timely adjustment of positions, strict risk control, and ensuring that you are not affected by large fluctuations.
OANDA:XAUUSD
by tsvubifpw098
Gold (XAU/USD) 3H Chart Analysis – Bullish Setup Toward $3,500 TCurrent Price: $3,254.26 EMA 70: $3,285.50 (Price is below EMA – cautious zone) Bias: Bullish 📈 (if demand zone holds) Key Zones: 🟦 Demand Zone: $3,200 – $3,260 ✅ Strong buy interest expected here ⚠️ Good place to look for entry signals 🟥 Resistance Zone: $3,223.60 – $3,323.84 🔄 Price is currently testing this zone A breakout here can lead to bullish momentum 🎯 Target Point: $3,500 – $3,529 💰 📌 Defined as "Target Point 3500" High potential for profit-taking here ⛔ Stop Loss: $3,161.32 🚫 Placed below demand zone for risk control ❗ Important to exit if price drops here Trade Idea 💡 📥 Buy Entry: Near or above $3,223.60 ✅ Hold as long as price respects demand zone 🎯 Target: $3,500 ⛔ Stop Loss: $3,161.32 ⚖️ Risk:Reward ratio looks favorable! Quick Summary: 🟢 Bullish Setup 💪 Demand zone is strong 📈 Breakout above resistance may fuel a rally ⏳ Wait for confirmation before entry!
CAPITALCOM:GOLDLong
by Jameshead007
Gold Trading Strategy, May 7 📊Gold surged higher and fell back in early trading today. The overall fluctuation space is large. It fell from the high point of 3438 to the current near 3360, with an amplitude close to $78. There is an obvious long-short transition in the short term. The subsequent trend needs to focus on whether the direction choice continues. 📊From the perspective of the 4-hour cycle, gold formed a substantial negative line yesterday evening and fell directly below the support of the 5-day and 10-day moving averages. Technically, it is possible for further declines. At present, the middle track of the Bollinger Band is near 3300. If the short-selling momentum continues, this will become the primary support level below. However, if the price stops falling and stabilizes in this area, and maintains a high-level oscillation pattern, it is still possible to test the previous high of 3430 again. Therefore, the current market is in a stage where the direction is unclear, and there is a possibility of both rising and falling space, which needs to be flexibly responded to in combination with short-term performance. 📊From the perspective of hours and smaller cycles, the price in the morning is weak and corrected. At present, the focus is on the effectiveness of the 3360-3350 support. If the support in this area is effective, there is still hope for a short-term rebound, with the target first at 3400. If the momentum is strong, it is expected to challenge 3430; on the contrary, if it falls below 3350, the market is likely to further fall back to 3300. 🔴Upper resistance level: 3400-3405 range 🔰If the price rebounds to this area and is blocked, consider light positions to arrange short orders. 🟢Lower support level 1: 3350-3360 range 🟢Lower support level 2: 3330-3300 range 🔰If the price touches the support and stops falling, consider trying short-term long orders. ✅Intraday trading strategy 🔰Gold Sell: 3397-3400, Stop Loss: 5-8$ Target: 3360-3330, if it breaks, look to 3300 🔰Gold Buy: 3300-3305, Stop Loss: 5-8$ Target: 3330-3350, if it breaks, look to 3370 ✅Trading strategies are time-sensitive. We will provide members with real-time and accurate trading strategies based on market changes. Short-term trading requires flexibility, timely adjustment of positions, strict risk control, and ensuring that you are not affected by large fluctuations.
OANDA:XAUUSD
by tsvubifpw098
GOLD SHORT 7/5/25🔍 GOLD - High Time Frame Smart Money Breakdown 🟡 Gold tapped into a high time frame Order Block (OB) and took out liquidity above a previous high, triggering a classic buy-side liquidity sweep. This move invited sellers prematurely, only for price to execute an internal sweep, grabbing short-term liquidity again. Next, we saw a minor support level break, creating the illusion of sellers momentum — further inviting more retail sellers. Price then swept their stop losses and decisively broke through the OB, shifting structure. We patiently waited for a retracement into a refined entry zone — could be a Fair Value Gap (FVG), previous candle high, or a lower time frame OB. Price respected the zone and began to fall, offering two entry options: Aggressive Entry: At the refined supply zone touch. Conservative Entry: After a clean break of a lower structure confirming bearish intent. 🎯 Target: This setup yielded a clean 1:4 RR or 150+ pips with proper risk management. ✅ Like & Share for more smart money breakdowns and deep-dive analysis! 📊 Drop a comment if you want the lower time frame play-by-play or live examples!
OANDA:XAUUSDShort
by priceactiongold1
Best Commodity layoutBest Commodity layout Crafting Your Optimal Commodity Technical Chart Layout in TradingView The "best" commodity technical chart layout in TradingView is highly personalized, depending on your trading style, strategy, and the specific commodities you're analyzing. However, a well-structured layout should provide a clear, comprehensive view of price action and key technical indicators to aid in decision-making. Here's a guide to creating an effective commodity technical chart layout in TradingView, incorporating common practices and versatile tools: 1. Choosing Your Main Chart Type: Candlestick Charts: This is the most popular choice for most traders. Candlesticks provide detailed information about the open, high, low, and close (OHLC) prices for a specific period, making it easier to identify patterns and market sentiment. Bar Charts: Similar to candlesticks, bar charts also display OHLC data but in a different visual format. Line Charts: Useful for a quick overview of the overall trend, typically plotting the closing prices. Heikin Ashi: These charts can help filter out market noise and make trends easier to identify by averaging price data. Renko or Kagi Charts: These focus solely on price movement, ignoring time, and can be useful for identifying support and resistance levels. Recommendation: Start with Candlestick charts for their detailed information. You can always switch to other types for different analytical perspectives. 2. Essential Technical Indicators for Commodities: While the "best" set of indicators is subjective, here are some widely used and effective ones for commodity analysis in TradingView: Moving Averages (MAs): Types: Simple Moving Average (SMA) and Exponential Moving Average (EMA) are common. EMAs react faster to recent price changes. Use: Identify trend direction, support/resistance levels, and potential crossover signals. Common periods include 20, 50, 100, and 200. Layout: Add 2-3 MAs of different lengths directly onto your main price chart. For example, a 21-period EMA for short-term trends and a 50-period EMA for medium-term trends. Volume Indicators: Types: Volume (displays trading activity) and On-Balance Volume (OBV). Use: Confirm the strength of price movements. A significant price move accompanied by high volume is generally considered more valid. Layout: Typically displayed in a separate pane below the main price chart. Oscillators (for identifying overbought/oversold conditions and momentum): Relative Strength Index (RSI): Measures the speed and change of price movements. Values above 70 often indicate overbought conditions, while below 30 suggest oversold conditions. Standard period is 14. Moving Average Convergence Divergence (MACD): Shows the relationship between two moving averages of an asset's price. It consists of the MACD line, signal line, and histogram.1 Used for trend identification and momentum.   1. medium.com medium.com Stochastic Oscillator: Compares a particular closing price of an asset to a range of its prices over a certain period. Also used to identify overbought/oversold conditions. Commodity Channel Index (CCI): Identifies cyclical trends and can signal overbought/oversold levels. Layout: Oscillators are usually placed in separate panes below the main chart. You might choose 1 or 2 that best suit your strategy (e.g., RSI and MACD). Volatility Indicators: Bollinger Bands: Consist of a middle band (typically an SMA) and two outer bands representing standard deviations. They help identify volatility and potential price breakouts or mean reversion. Keltner Channels: Similar to Bollinger Bands but use Average True Range (ATR) for the outer bands. Can be used for breakout and trend-following strategies. Average True Range (ATR): Measures market volatility. Useful for setting stop-loss orders. Layout: Bollinger Bands and Keltner Channels are overlaid on the main price chart. ATR is usually in a separate pane. Trend-Following Indicators: Ichimoku Cloud (Ichimoku Kinko Hyo): A comprehensive indicator that defines support/resistance, identifies trend direction, and provides trading signals. It includes several components like the Kumo (Cloud), Tenkan-sen, and Kijun-sen. Donchian Channels: Plots the highest high and lowest low over a set period. Useful for identifying breakouts and trend direction. Layout: Ichimoku Cloud and Donchian Channels are overlaid on the main price chart. Recommendation for a Balanced Layout: Main Chart: Candlesticks, 2-3 EMAs (e.g., 21, 50, 200), Bollinger Bands or Keltner Channels. Pane 1 (below main): Volume. Pane 2 (below main): RSI (14) or MACD. Pane 3 (optional): CCI or ATR if your strategy heavily relies on them. 3. Drawing Tools: Effective use of drawing tools is crucial for technical analysis: Trendlines: Connect swing highs or lows to identify the direction and strength of trends. Support and Resistance Levels: Horizontal lines drawn at key price levels where the price has historically struggled to break above (resistance) or fall below (support). Fibonacci Retracement and Extension Levels: Help identify potential support/resistance levels and price targets based on Fibonacci ratios. Channels: Parallel trendlines that can define a price range. Chart Patterns: Use tools to identify patterns like head and shoulders, triangles, flags, and pennants. Layout Tip: Keep your most frequently used drawing tools easily accessible in the TradingView drawing panel. 4. Multi-Timeframe Analysis & Multi-Chart Layouts: Analyzing commodities across different timeframes can provide a broader market perspective. TradingView allows you to set up multi-chart layouts (the number of charts available depends on your subscription plan). Common Setup: Chart 1 (Long-Term): Weekly or Daily chart to identify the major trend. Chart 2 (Medium-Term): 4-hour or Daily chart for more detailed trend analysis and identifying key levels. Chart 3 (Short-Term): 1-hour or 15-minute chart for entry and exit signals. Synchronization: TradingView allows you to synchronize symbols, crosshair, interval, and drawings across multiple charts in a layout, which can be very efficient. 5. Customization and Saving Your Layout: Appearance: Customize chart colors (background, candles, grids), scales, and lines to your preference for better visual clarity and reduced eye strain. Access these via Chart Settings (the gear icon). Saving Layouts: Once you have a setup you like, save it as a chart layout in TradingView. You can create multiple layouts for different commodities, strategies, or analytical purposes. Indicator Templates: Save combinations of indicators as templates for quick application to new charts. Tips for the "Best" Layout: Keep it Clean: Avoid cluttering your chart with too many indicators. Focus on a few that you understand well and that complement your strategy. Consistency: Use consistent settings for your indicators across different charts and timeframes. Practice: The "best" layout is one that works for you. Experiment with different indicators and setups on a demo account or through backtesting to see what yields the best results for your trading style. Stay Informed: Be aware that some commodities (e.g., agricultural products) can be influenced by seasonal patterns or specific reports (like USDA reports for crops, EIA for oil). While not a direct part of the "chart layout," integrating this knowledge with your technical analysis is crucial. TradingView has features to display key events like earnings reports or dividends, which can be relevant. Some community scripts on TradingView even offer overlays for planting and harvesting seasons for agricultural commodities. By following these guidelines and experimenting to find what suits your individual needs, you can create a powerful and effective commodity technical chart layout in TradingView. Remember to regularly review and refine your layout as your trading strategies evolve.
MCX:CRUDEOIL1!Long
by appzandgame
1
Gold Bounced But Resistance Awaits....Gold has surprised many after last Friday’s session. I was initially expecting the correction to continue, but the reversal Doji that formed near support triggered a strong bounce, invalidating my short-term bearish outlook. Since then, price has shown decent strength on the daily timeframe, pushing higher toward a major resistance zone around 3434–3440. Now, this horizontal resistance is a key area to watch. It has previously acted as a supply zone, and price action around it will be crucial. Although the structure still looks strong, we’re entering a potential exhaustion zone, and I’m keeping an eye on the possibility of a double top forming near the all-time high at 3500. Today is a major fundamental day with the Fed’s rate decision and Powell’s speech lined up. I’m expecting volatility, and most likely, a clearer signal for the next big move in gold. My bias remains the same ,I’m waiting for bearish confirmation near this resistance area before entering fresh shorts. If we see rejection, I’ll target the 3200–3215 zone first, and if that breaks, the 3140–3160 zone comes into play next. In short, I’m staying patient and letting the chart do the talking. Price is approaching a critical area, and the next move could offer a high-probability setup. Waiting for confirmation is key.
TVC:GOLDShort
by TheGoldenCircle
Gold Plunges from 3435 After China Rate Cut FOMC Storm Incoming?Gold Plunges from 3435 After China Rate Cut – FOMC Storm Incoming? 📅 May 7, 2025 | XAU/USD Intraday Outlook Gold faced a sharp decline in early sessions today, dropping nearly 800 PIPS from 3,435 down to the 3,36x range. While the fall appeared aggressive, the macro backdrop may provide clues — especially ahead of tonight's high-stakes FOMC meeting. 🔍 What Triggered the Sell-off? 1️⃣ China Cuts Rates by 10bps Unexpectedly: Just ahead of U.S.–China trade talks, China slashed its benchmark interest rate by 10bps. While the move supports Chinese markets, it also boosts the U.S. Dollar (DXY), creating headwinds for gold. 2️⃣ Investors Awaiting FOMC Clarity: Traders are hesitant to buy gold near recent highs, especially with the Fed expected to signal rate direction tonight. There’s growing speculation that today's events are part of a broader setup for potential Fed easing. 3️⃣ Geopolitical Tensions Not Helping Gold – Yet: Despite renewed tensions between India and Pakistan, and a volatile global climate, gold hasn't responded bullishly — a sign that technicals and macro shifts are temporarily outweighing news-based fear. 📈 Technical Analysis – Dual Scenarios in Play Gold is now moving in a wide, volatile range. Liquidity grabs at both ends are likely, and traders should adopt a flexible, confirmation-based approach rather than sticking to one directional bias. 🔺 Key Resistance Zones: 3,390 3,402 3,416 3,432 3,444 3,468 🔻 Key Support Zones: 3,365 3,356 3,332 3,314 🎯 Trade Plan – May 7, 2025 (Pre-FOMC Strategy) 🔵 BUY SCALP • Entry: 3,355 • SL: 3,350 • TP: 3,360 → 3,364 → 3,368 → 3,372 → 3,376 → 3,380 🔵 BUY ZONE • Entry: 3,332 – 3,330 • SL: 3,326 • TP: 3,336 → 3,340 → 3,344 → 3,348 → 3,352 → 3,358 → 3,365 📌 KEY BUY LEVEL to Watch: → 3,314 – 3,312 ⚠️ This is a critical Fibonacci zone. If broken, trend structure may be compromised. Use wide SL (~6 PIPS) with open TP structure. 🔴 SELL SCALP • Entry: 3,430 – 3,432 • SL: 3,436 • TP: 3,425 → 3,420 → 3,415 → 3,410 → 3,400 🔴 SELL ZONE • Entry: 3,468 – 3,470 • SL: 3,474 • TP: 3,464 → 3,460 → 3,455 → 3,450 → 3,445 → 3,440 → 3,430 ⚠️ Final Thoughts: Today’s FOMC statement will likely dominate market direction for the rest of the week. Volatility is expected to increase sharply. With both macro and geopolitical catalysts in play, risk management is non-negotiable. 🔐 Stick to key zones. Avoid trading the news blindly. Wait for price action confirmation — and remember: capital protection beats every setup. 📌 Follow this post to get real-time updates after FOMC and new breakout zones for Thursday.
OANDA:XAUUSDLong
by MMFlowTrading
Gold analysis Intraday 7-5-2025Gold faced a sharp decline after an aggressive upside move, suggesting the rally may have overextended. It’s now trading in a messy range between $3,400 and $3,378, which is marked as a no-trade zone due to indecision and weak structure. Price is leaning bearish in the short term, and if selling pressure holds, it could dip toward the $3,358 area—a zone where buyers might step in. This level aligns with past reactions and could act as a demand base. With FOMC scheduled today, sudden moves are possible, so it’s wise to avoid mid-range entries and instead wait for price to come into key zones before making any decisions. Let the dust settle and stay light until clarity builds.
PEPPERSTONE:XAUUSDShort
by sparkrlight
2
GOLD IN PLAY - RISKY ROADS AHEAD BUT GOLD KEEPS SURGINGSymbol - XAUUSD CMP - 3468 Gold continues to show strength, testing resistance within the established range, with bullish momentum persisting. The price has moved above the flat consolidation line and entered the buying zone, further progress now depends on the actions of the bulls. The metal is advancing for a second consecutive session, supported by a weakening of US dollar, heightened demand for safe-haven assets, and intensifying geopolitical tensions in the Middle East and Eastern Europe. Market sentiment remains fragile due to trade-related uncertainties and regional instability across Asia, as investors look ahead to forthcoming Federal Reserve decisions and remarks from Powell. Gold is currently breaking out of its previous neutral range. Immediate attention is on the 3369 level and nearby resistance at 3381. The macroeconomic environment remains favorable for gold. If bullish positions are maintained above these key thresholds, upward continuation remains likely. Resistance Levels: 3369, 3381, 3408 Support Levels: 3352, 3330 A potential retest of the local liquidity zone around 3352, possibly triggering a long squeeze, cannot be ruled out prior to a resumed upward move. For now, the focus remains on the 3369–3370 area, which currently serves as a critical support zone.
OANDA:XAUUSDLong
by akshit_official
6
Gold Trading Strategy for 07th May 2025🟢 BUY SETUP Condition: ✅ Buy above the high of the 15-minute candle on candle close above ₹3470 Targets 🎯: ➡️ Target 1: ₹3480 ➡️ Target 2: ₹3490 ➡️ Target 3: ₹3500 Stop Loss ❌: Below ₹3470 (or as per your risk appetite) 🔴 SELL SETUP Condition: ✅ Sell below the low of the 15-minute candle on candle close below ₹3406 Targets 🎯: ➡️ Target 1: ₹3390 ➡️ Target 2: ₹3380 ➡️ Target 3: ₹3365 Stop Loss ❌: Above ₹3406 (or as per your risk appetite) ⚠️ Disclaimer ⚠️ Trading in commodities and financial markets involves substantial risk and is not suitable for every investor. The above information is for educational and informational purposes only and does not constitute financial advice or a recommendation to buy or sell any security. Please consult your financial advisor before making any trading decisions. You are solely responsible for your investment decisions. ✨ Pro Tip: Use price action confirmation and risk management before executing trades. Always analyze market conditions and volume for better accuracy. 📊
TVC:GOLD
by ramkkyy
1