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Xau_usd

XAU/USD – Intraday Analysis and Trade Plan (5-Min TF) Date: May Market Overview Gold (XAU/USD) has opened the session strong, trading above the key $3,300 psychological level amid continued US Dollar weakness. Investors remain cautious amid growing geopolitical tensions and global market uncertainty, pushing demand for safe-haven assets higher. --- Technical Outlook (5-Minute Timeframe) Current Price: ~$3,304.80 Trend: Short-term bullish above VWAP Support Levels: $3,295 $3,281 (20 EMA) $3,266 (lower trendline of rising channel) Resistance Levels: $3,310 (local breakout level) $3,324 $3,368 Indicators: RSI (14): ~53 – Neutral-to-bullish Moving Averages: Price is above both 50 and 200 EMAs – confirms bullish momentum --- Trade Scenarios Scenario 1: Long Position (Breakout Play) Entry: On breakout and hold above $3,310 Stop Loss: $3,295 Take-Profit Targets: TP1: $3,324 TP2: $3,368 Scenario 2: Short Position (Pullback or Breakdown) Entry: On breakdown below $3,281 Stop Loss: $3,295 Take-Profit Targets: TP1: $3,266 TP2: $3,240 --- Outlook for Next 4 Hours Expected volatility: 10–15 USD (normal session), up to 25–30 USD with news catalysts. Watch for fundamental triggers (economic data or Fed commentary) that could impact market direction. --- Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always manage your risk accordingly. Analysis by mohsen mozafari nezhd
OANDA:XAUUSDLong
by mmozafari1357
Start the New week of XAU/USD outlook Gold (XAUUSD) Weekly Forecast | Starting Price: $3200 Gold closed last week at $3200, marking a strong bullish sentiment in the market. As the new week opens, we anticipate initial consolidation followed by potential upward momentum. Key Technical Highlights: ATR Levels: Suggest volatility remains elevated; expect swings within $3190 – $3280 range. Buy Zone: $3185 – $3205 (ideal for short-term entries) Sell Zone: $3275 – $3295 (attractive area for potential reversals) RSI: Currently near 60 on 1H; no overbought signal yet. VWAP: Price currently trading just above VWAP – indicating bullish pressure. Scenarios: A break above $3265 could lead to a test of $3300 Failure to hold $3200 may open a retracement toward $3170 Trading Bias: Mildly Bullish Time Horizon: Next 12 hours Risk Management: SL below $3170 | TP near $3290 for buy positions Analysis by Mohsen Mozafari Nezhad
OANDA:XAUUSDLong
by mmozafari1357
1
XAU/USD what to expect?!Despite dollar weakness, XAU/USD lacks bullish conviction on the prospect of aggressive monetary policy tightening by global central banks, including the Federal Reserve. Indeed, the US central bank will say last week that it will raise interest rates at a faster pace at its upcoming meetings to rein in rising inflation. This could continue to act as a tailwind for US bond yields and the dollar. It's worth recalling that the rate-sensitive two-year US government bond yield rose to more than a 15-year high on Monday and the benchmark 10-year Treasury yield to the highest level. since April 2010. This supports the prospect of some buying on dollar declines. Aside from this, the risk boost could help keep a cap on any significant upside for non-yielding gold. Even from a technical point of view, Friday's break below the support of a one-week trading range around the $1,654 area favors the bears. This, in turn, suggests that any further move higher could still be seen as a selling opportunity. The data could be of little use to give a new impetus. However, XAU/USD appears to have snapped a two-day losing streak for now and remains at the mercy of dollar price dynamics. Aside from this, US bond yields and general market risk sentiment could allow traders to take advantage of short-term opportunities around gold. If the breakout of $1,608 is not confirmed, we will return to $1,700. For now, everything points to a rise in the dollar due aggressive rises in bank interest rates.
COMEX:GC1!
by Deal2TP
Important support level for goldThe price is currently in a descending channel, it has broken the channel once with an unsuccessful break from the bottom and returned to the channel again. It is currently on an important support level and it can be expected to rise and hit the ceiling of the descending channel. If this level is broken, the movement continues with the descending channel. Suggestion: 1. You can now buy and stop below the horizontal support level 2. If this level is broken, you can take a sell position until the bottom of the descending channel 3. If the roof of the channel is broken, first consolidation should be seen, then a strong rise
FOREXCOM:XAUUSDLong
by Reza_kahe
1