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Gold surges thanks to China buying goods, waiting for FED waveInternational gold prices jumped to 3,332 USD/ounce, up more than 72 USD compared to the bottom of last night's session. The main driving force came from the wave of gold buying in China, when concerns about the weakening economy caused people to massively turn to gold as a safe haven. The H4 chart shows a strong increase, EMA34 has crossed EMA89, establishing a clear short-term uptrend. If gold surpasses 3,340 USD, it is likely to head towards the old peak around 3,420–3,500 USD. Crude oil prices are still fluctuating strongly around 57.2 USD/barrel, creating an unstable foundation for the commodity market. The FED will announce its policy in the early morning of May 8. Although it is expected to not change interest rates, any statement can move the market. This will be the next big catalyst for gold.
OANDA:XAUUSD
by norbanpar
2
Gold Surges Amid War Tensions Is This the Start of a New Bull 🟡 Gold Surges Amid War Tensions – Is This the Start of a New Bull Run? 📈 XAU/USD Weekly Outlook – May 6, 2025 Gold made a strong comeback this morning, jumping over 600 PIPS as investor demand surged in response to escalating geopolitical risks and massive physical demand in Asia — particularly from China and Japan. The current breakout momentum suggests a high probability of new ATHs if macro and political tensions continue. 🔥 Why is Gold Rising Again? 1️⃣ Geopolitical Flashpoint: 19+ Ukrainian UAVs struck Moscow overnight. The attack came just ahead of Russia's Victory Day (May 9) — a symbolic blow that rattled global markets. 2️⃣ China Ramping Up Gold Imports: Reports show China has been quietly stockpiling gold at aggressive levels. Institutional and retail demand has returned strongly to the Asian bullion market. 3️⃣ Fear and FOMO in the Market: Asian investors are driving early-session buying frenzies. Technical retracements are being ignored as price accelerates without respecting classic resistance zones. 📊 Technical Outlook – H4 + D1 Focus Gold has successfully defended the 3312 zone and surged past resistance zones with ease. Current MA13/MA34/MA89 crossovers on higher timeframes confirm a trend reversal and sustained bullish momentum. 🔑 Key Technical Zones to Watch: 🔻 Support Levels: 3355 3335 3313 🔺 Resistance Levels: 3380 3405 3443 3470 🎯 Trade Plan for May 6 – BUY Bias Dominant 🚫 Avoid SELL positions unless confirmed exhaustion appears — momentum is extremely bullish and politically driven. 🔵 BUY ZONE #1: Entry: 3314 – 3312 SL: 3308 TP: 3318 → 3322 → 3326 → 3330 → 3340 → 3350 → ??? 🔵 BUY ZONE #2: Entry: 3335 – 3332 SL: 3329 TP: 3340 → 3344 → 3348 → 3352 → 3356 → 3360 🔴 SELL ZONE (High Risk): Entry: 3343 – 3345 SL: 3359 TP: 3339 → 3335 → 3330 → 3326 → 3320 🧭 Final Thoughts Gold is currently in hyper bullish mode. Key level 3313 is now confirmed as a volume-based support (VPOC + FIBO 0.5) and will likely be the base for the next wave. As global headlines point to uncertainty, investors are shifting capital back into gold, supported by physical buying from China. 💬 Patience and proper entry are key. Avoid early sell traps. Focus on the Asia-led FOMO rallies and align your strategy with safe-haven flows.
OANDA:XAUUSDLong
by MMFlowTrading
GOLD - Will Geopolitical Shocks Fuel a Bigger Rally?🚨 GOLD SURGES IN ASIA OPEN – Will Geopolitical Shocks Fuel a Bigger Rally? Gold opened the week with a powerful bullish spike in the Asia session, rallying nearly $30/oz amid renewed global tensions and policy uncertainty. The strong upside momentum marks a potential shift in sentiment after recent corrections. 🌍 What’s Driving the Market? 🔺 Geopolitical Risks Back on the Radar: Tensions are rising again between Russia–Ukraine and India–Pakistan with no clear diplomatic resolution in sight. This reintroduces safe-haven demand for gold as global uncertainty climbs. 🔺 Trump’s Pressure on the Fed: Former President Trump has urged the Fed to cut interest rates sooner, adding further speculation ahead of the FOMC meeting this week. These combined factors have sparked strong buying interest right from the Asia open, with the yellow metal attempting to reclaim lost ground from previous sessions. 📈 Technical Overview (H1 – H2 Focus): 🟢 Key Support Zones: 3250 3246 3238 3224 3204 🔴 Key Resistance Zones: 3278 3288 3301 3314 🎯 Trade Setup for the Day: 🔵 BUY ZONE: 3246 – 3244 SL: 3240 TP: 3250 → 3254 → 3258 → 3262 → 3266 → 3270 → 3280 🔴 SELL ZONE: 3300 – 3302 SL: 3306 TP: 3296 → 3292 → 3288 → 3284 → 3280 → 3270 ⚠️ Final Notes: With the FOMC meeting ahead and geopolitical developments unfolding, traders should expect heightened volatility this week. Gold may continue to attract safe-haven flows if headlines escalate, but any dovish surprise from the Fed could accelerate the rally even further. 📌 Stay alert. Let price come to your zones. Trade the reaction, not the assumption.
OANDA:XAUUSDLong
by MMFlowTrading
2
Gold price suddenly accelerates, approaching the 3,300 USD/ounceAfter two consecutive weeks of decline, the world gold price is showing strong signs of recovery when it skyrocketed to 3,266 USD/ounce - an increase of 25 USD in just one session. Although still quite far from the peak of 3,500 USD/ounce, the increase this morning shows that investor sentiment has begun to change direction. The increase occurred at the beginning of the session despite previous negative forecasts, reflecting the sensitivity of gold to geopolitical and economic information such as US-China trade negotiations or the strength of the USD. The daily chart shows that gold has bounced strongly from the EMA34 support zone and returned to the resistance zone around 3,320–3,340 USD, opening up an opportunity to retest the 3,400 USD mark if the current increase is maintained.
OANDA:XAUUSD
by norbanpar
GOLD - Will FOMC and Tariff Talks Decide the Next Big Move?💥 GOLD WEEKLY OUTLOOK – Will FOMC and Tariff Talks Decide the Next Big Move? As we head into a critical trading week, gold is at a crossroads, navigating through conflicting macro signals and important structural levels. Last week’s developments — ranging from strong US NFP data to China’s unexpected SGX:40B tariff waiver — have significantly reshaped sentiment in the precious metals market. 🌐 Macro Backdrop – Shift in Global Risk Tone 🔹 China’s Tariff Waiver on selected US goods hints at improving trade ties. This eases geopolitical risks and reduces the urgency for safe-haven assets like gold. 🔹 Stronger-than-expected NFP (Nonfarm Payrolls) further solidifies a hawkish bias for the Fed. A robust labor market may push the Fed to maintain higher rates for longer. 🔹 DXY & Bond Yields are holding firm. A stronger USD and rising yields typically weigh on gold — unless major risks re-emerge. 📌 FOMC Meeting This Week – Traders are now watching the Fed’s next move closely. Any dovish tone could fuel gold’s rebound. A surprise hawkish tone? Expect further selloffs. 🔍 Technical Landscape (H4 + Daily Focus) Gold is currently forming a descending wedge pattern, with lower highs and solid support holding around the 3,224 – 3,204 zone. Last week’s rejection at the 3,277 resistance aligns with macro-driven selling pressure. However, price continues to respect key Fibonacci levels and internal trendline dynamics, suggesting a potential for large breakout movement after FOMC. 🔺 Key Resistance Levels: 3,240 3,250 3,264 3,277 3,311 🔻 Key Support Levels: 3,224 3,210 3,204 🎯 Trade Plan – Week of May 6th, 2025 🔵 BUY ZONE A: 3,204 – 3,202 SL: 3,198 TP: 3,208 → 3,212 → 3,216 → 3,220 → 3,225 → 3,230 🔴 SELL ZONE: 3,276 – 3,278 SL: 3,282 TP: 3,272 → 3,268 → 3,264 → 3,260 → 3,250 → 3,240 ⚠️ Key Risks to Monitor This Week: 🏛 FOMC Statement & Powell’s Press Conference → Any hint of rate cuts = Gold bullish → Any reaffirmation of higher for longer = More downside 💼 Trade Developments (US–China) → Further easing of tariffs = Negative for gold → Any new friction = Potential rebound 📉 DXY & Bond Yields → Keep an eye on Dollar strength. If DXY breaks above 106.5, gold may face deeper pressure. 🧠 Final Thoughts: The gold market is no longer driven by one-sided risk-off flows. As macro tensions ease, gold is transitioning into a more range-bound, news-driven phase. This week is all about reaction, not prediction. Let the market come to your zone. Wait for confirmation before executing. The best trades come from discipline — not prediction. 📌 Follow this account for real-time updates during FOMC and Friday’s CPI preview.
OANDA:XAUUSD
by MMFlowTrading
Gold recovers after deep fallWorld gold prices recovered to 3,238 USD/ounce on the morning of May 2 after hitting a bottom of 3,205 USD/ounce last night. The reason came from the sell-off when the Chinese market was on a long holiday, causing a lack of physical buying power. However, investors quickly took advantage of this opportunity to buy, amid expectations that the FED would lower interest rates and central banks would continue to collect gold as a safe haven asset. The 4-hour chart shows that the price has bounced back from EMA89, heading towards the EMA34 resistance zone - a positive sign for a short-term recovery.
OANDA:XAUUSD
by norbanpar
GBP/USD Eyes NFP & BoE Amid Trade Tensions Relief🔔 GBP/USD Eyes NFP & BoE Amid Trade Tensions Relief Sterling (GBP) has rebounded against the US dollar (USD), riding a wave of improved market sentiment after signs of de-escalation in the US–China trade conflict. As investors reposition ahead of today’s US Nonfarm Payrolls (NFP) and next week’s Bank of England (BoE) rate decision, GBP/USD finds itself at a pivotal moment. 🌐 Macro Picture: A Tale of Two Central Banks The Fed is widely expected to hold rates steady at 4.25%–4.50% during next week’s meeting. The BoE, meanwhile, is almost certain to cut rates by 25 basis points, pricing in weak UK inflation data and global trade uncertainties. Meanwhile, sentiment got a boost after China's Ministry of Commerce signalled openness to trade talks with the US, provided “sincerity” is shown — easing fears of a prolonged trade war. This shift in tone lifted risk appetite and helped push GBP/USD back near the 1.3320 zone, recovering from earlier losses this week. 🧭 Focus Turns to Today’s NFP Markets expect: +130K jobs added in April (vs. 228K prior) Unemployment rate holding at 4.2% Wage growth YoY to increase slightly to 3.9% Any significant surprise may reshape rate expectations for the Fed, especially after recent ISM data showed rising input costs — suggesting inflation remains sticky. 📊 Technical Outlook – GBP/USD After bouncing from the 1.3245–1.3265 zone, GBP/USD is approaching a heavy resistance range around 1.3335–1.3375. A break above this could invalidate the bearish setup, while failure may trigger a strong downside rotation toward 1.3185 – 1.3145. 🔺 Key Resistance: 1.33350 1.33750 🔻 Key Support: 1.32650 1.32450 1.31850 1.31450 🎯 Trade Plan 🔵 SELL ZONE: 1.33350 – 1.33750 SL: 1.34000 TP: 1.33300 → 1.32850 → 1.32550 → 1.32000 🔴 BUY ZONE: 1.32650 – 1.32450 SL: 1.33250 TP: 1.32250 → 1.31850 → 1.31450 → 1.31000 ⚠️ Trading Notes: NFP volatility could create false breakouts — wait for confirmation before committing size. Post-NFP, market focus will quickly shift to the BoE decision on May 9th. Expect traders to react swiftly to wage growth and job creation figures. 🧠 Final Thoughts: GBP/USD is trading at a sensitive macro-technical intersection. While optimism on trade and NFP relief could boost the pair, BoE’s likely rate cut still clouds the medium-term path. Stay patient. Let price react to the data before jumping in. 💬 What’s your positioning into NFP? Let's discuss below 👇👇
Long
by MMFlowTrading
EUR/USD at Key Inflection Point🔥 EUR/USD at Key Inflection Point – NFP Looms, Volatility Incoming? The euro is pushing back after three days of losses, bouncing from the 1.1265 area with strength — but make no mistake, this is more than just a technical move. With Eurozone CPI holding and US Nonfarm Payrolls (NFP) right ahead, EUR/USD is poised at the edge of serious volatility. 🧭 Macro Overview – Diverging Paths? Friday’s Eurozone inflation numbers surprised slightly to the upside: Headline CPI YoY: 2.2% vs. 2.1% expected Core CPI YoY: 2.7% vs. 2.5% expected These numbers suggest ECB might not be in a rush to slash rates, despite growing dovish commentary from policymakers. Yet, the market still prices in a likely 25bps cut in July. Meanwhile in the US, expectations are building for a soft NFP print – 130K vs. 228K prior. This, along with recent weak growth data, has fueled speculation of multiple rate cuts from the Fed in 2025. The USD has paused after a 3-day rally — and that makes today’s NFP extremely sensitive. 🔍 Technical Picture (H1 Outlook) Price action shows EUR/USD reclaiming ground above 1.1300 after defending the key 1.1265–1.1279 support zone. A potential short-term reversal pattern is forming, but the move remains fragile until we see confirmation above 1.1350 and 1.1372. Bearish structure remains valid unless bulls can take out 1.1419, the high from April 30. 🔺 Key Resistance Levels: 1.13520 1.13730 1.13900 1.14190 🔻 Key Support Levels: 1.13000 1.12790 1.12650 🎯 Trade Plan – Friday 3rd May 🔵 BUY ZONE: 1.12790 SL: 1.12250 TP: 1.13450 → 1.13850 → 1.14250 🔴 SELL ZONE: 1.13750 SL: 1.14300 TP: 1.13250 → 1.12850 → 1.12450 → 1.12400 ⚠️ Strategy Notes: Euro has room to bounce, but momentum will likely depend on the US jobs report. A soft NFP could weaken the dollar further, triggering a break above 1.1372. On the flip side, strong jobs numbers + hawkish White House language could reinforce bearish continuation below 1.1300. 📣 Final Thoughts: EUR/USD is stuck in macro limbo. Both sides have valid narratives — sticky inflation in Europe, softening labour data in the US. 📊 Today’s close will likely define next week’s tone. 🧠 Be selective. Don’t chase. Let the data lead. 💬 What’s your take ahead of NFP? Breakout or fakeout? Drop your chart ideas below 👇👇👇
Long
by MMFlowTrading
Sellers Take Over as Gold Breaks ConsolidationGold is moving exactly as I mapped out in my previous updates,and Breaks Down from Consolidation following the path accurately that we discussed in last updates.... Yesterday’s monthly close gold closed below 3300 level, which gave sellers more confidence. As a result, we’ve seen a solid drop today, with the price now at 3132 on the daily chart, down 1.73% . The Price Action confirms the bearish momentum I’ve been talking about. We’re now approaching some key levels for intraday . The 3220-3225 HVN area and the 3200-3210 psychological support zone are spots where we might see a short-term bounce. However, the larger trend remains in correction mode, just as I projected earlier. For stronger support, I’m keeping an eye on the 3135-3150 zone, and if the decline continues, the 2980-3000 area could be a great spot for a potential swing buy, as marked on the chart.As of now I am still expecting the correction to play out toward 3000 in the bigger picture!
PEPPERSTONE:XAUUSDShort
by TheGoldenCircle
NFP & White House Comments to Spark Heavy Volatility?🚨 Gold Pauses at Crossroads – NFP & White House Comments to Spark Heavy Volatility? Gold is entering the US session with a quiet rebound after an intense selloff phase. Following its historic rally to $3,500/oz, the yellow metal has come under significant pressure — not from fundamentals alone, but from massive profit-taking across Asia, especially from retail investors in China. Such sharp pullbacks are not abnormal after parabolic runs. Instead, this pullback seems like a healthy technical reset before the market processes two major catalysts later today: 1️⃣ The US Nonfarm Payrolls report (May edition) 2️⃣ Official White House comments on tariffs and trade direction Together, they’re likely to dictate where Gold is heading next — either a retracement deeper into the demand zones, or a renewed upside attempt toward recent resistance. 📊 DXY & Macro Lens: The US Dollar Index (DXY) has rebounded strongly from its base near 98.xx, now reclaiming levels near 100.00. Whether it continues higher depends largely on labor data and economic signals from the White House tonight. For now, traders should remain neutral-biased but responsive — and treat every key level with surgical precision. Use the H1–H2 timeframe for intraday bias and structure-based execution. 🔺 Key Resistance Levels: 3260 3275 3285 3312 🔻 Key Support Levels: 3244 3230 3215 3200 🎯 Trade Plan for Today – May 3rd, 2025: 🔵 BUY ZONE A: 3232 – 3230 SL: 3226 TP: 3236 → 3240 → 3244 → 3248 → 3252 → 3256 → 3260 🔵 BUY ZONE B: 3214 – 3212 SL: 3208 TP: 3218 → 3222 → 3226 → 3230 → 3235 → 3240 🔴 SELL ZONE: 3276 – 3278 SL: 3282 TP: 3272 → 3268 → 3264 → 3260 → 3250 ⚠️ Final Notes: Volatility today could spike sharply during the US session. With nonfarm data + political headlines colliding at once, this is the kind of session where fortunes are made — or lost. 📌 Avoid emotional trades. Let price reach your zones, wait for confirmation, and stick to your TP/SL rules like a professional. 🚀 The real move hasn't happened yet — but it's coming. Be ready. Be sharp. Trade with discipline.
OANDA:XAUUSDLong
by MMFlowTrading
1
Gold’s Calm Before the US Data Storm – Are You Ready?Consolidation Continues Amid Global Holidays – Is Gold Gearing Up for Another Leg? 🌐 Fundamental Insight: After last week’s historic rally toward $3,500/oz, gold has entered a cooling phase as markets digest evolving geopolitical developments and economic signals. The recent de-escalation in US-China trade tensions, triggered by President Trump’s plan to ease tariffs on auto parts and imports, has reduced immediate risk sentiment. China’s response — lifting retaliatory duties on select US goods — further eased tensions, leading to a safe-haven selloff in precious metals. However, with uncertainty still looming ahead of this week’s US labour data (ADP + NFP), investors remain cautious. Adding to this, today’s Bank Holidays in parts of Asia and Europe are contributing to reduced trading volumes. A sideways market with erratic moves is likely until the US session opens, where higher volume and stronger direction may emerge. 🔍 Technical Picture (H1 – H4 Outlook): Gold is currently forming a compression pattern between the 3278 resistance zone and the 3196 demand area. Price is holding above key structure support near 3192, indicating buyer interest remains intact. The market may continue to oscillate in this tight intraday range before US traders step in. All eyes are now on upcoming ADP employment data — often a lead indicator for Friday’s NFP — which could provide the next directional push. 🔺 Key Resistance Zones: 3248 3260 3278 🔻 Key Support Zones: 3230 3225 3215 3196 🎯 Trade Strategy – April 30 🔵 BUY ZONE: 3198 – 3196 Stop-Loss: 3192 Take-Profits: 3202 → 3206 → 3210 → 3215 → 3220 → 3225 → 3230 🔴 SELL ZONE: 3276 – 3278 Stop-Loss: 3282 Take-Profits: 3272 → 3268 → 3264 → 3260 🧠 Note: Short-term traders may consider scalping within the range, while swing traders can wait for a break and retest of either key zone before committing with volume. ⚠️ Things to Watch Today: Thin liquidity due to Labour Day holidays across Asia & Europe ADP report release in the US session (potential volatility spike) End-of-month candle close — watch out for liquidity grabs and false breakouts US 10Y bond yields and DXY movements will continue to influence gold sentiment 📌 Final Thoughts: Gold is in pause mode, but not for long. The market is clearly building energy ahead of high-impact US data. With the broader trend still bullish and structure holding above 3190s, we stay cautiously optimistic — but flexible. Risk management will be critical today. Expect the unexpected during low-volume sessions and be prepared for sharp moves when the US opens. 📈 Stay disciplined. Respect your zones. And let the data lead the way.
OANDA:XAUUSDShort
by MMFlowTrading
1
Gold continues to lose value, pressured by USD and China dataWorld gold prices fell to $3,279/ounce, down $31 from the previous session's peak. The USD increased slightly along with the decline of crude oil and US stocks, making gold less attractive. In addition, weak economic data from China raised concerns about falling physical gold demand - contributing to the price decline. On the daily chart, gold is falling from the peak, approaching the EMA34, warning of the risk of a deeper correction if it fails to hold this support level.
OANDA:XAUUSD
by norbanpar
2
Gold Still Dropping What I’m Watching This Week....Following my last update, gold price action continues to align with the bearish short-term outlook I projected. The weekly close on April 27, 2025, as seen in the chart, confirmed the bearish sentiment with a red candlestick, well below the recent highs and the golden Fibonacci zone (3380-3408). This reinforces that sellers remain in control. Today, gold is still trading , below the golden Fib zone, which continues to act as a resistance. The price has not yet tested the first support level at 3150-3165, but the downward trajectory suggests it may approach this zone soon. If this support holds, we might see a temporary bounce; however, a break below 3150-3165 could accelerate the decline toward my target of 3000, as indicated by the chart projected path. The weekly close below the recent swing highs and the failure to reclaim the golden Fib zone strengthen the bearish case. For the short term, I expect gold to continue its downward movement unless a significant reversal pattern emerges.
PEPPERSTONE:XAUUSDShort
by TheGoldenCircle
Gold weakens under pressure from USD and bonds On the morning of April 30, the world gold price fell to 3,318 USD/ounce, down 20 USD compared to the same time the previous day. The strong increase in USD and high US bond yields at 4.23% made gold lose its appeal in the eyes of investors. The recovery of US stocks and the decline in oil prices further depressed market sentiment. On the H4 chart, gold has not yet escaped the sideways zone around EMA34 - a sign that buying power is weakening.
OANDA:XAUUSD
by norbanpar
Gold Monthly Close Today : Range Bound and Ready for a Move...Since my last update, not much has changed, Gold is still stuck in that range-bound movement we’ve been watching. ,Price continuing to trade in triangle pattern I mentioned before. It’s definitely tightening up, which means we’re getting closer to a breakout. Right now, 3300 is holding strong as a good support level, while 3350 is acting as a major resistance, keeping the price in wide range. My view hasn’t shifted , I’m still leaning bearish for the short term, as the price remains below the golden Fibonacci zone (3380-3408), and the weekly close earlier this week already confirmed the sellers are in control. Today’s monthly close is important, and it could set the tone for what’s next. If gold closes below 3260-75, it’ll strengthen my case for a drop toward 3000. But if we see a surprise breakout above the triangle and 3350, we might need to rethink the short-term direction. For now, I’m sitting tight, waiting for the breakout from this range to get a clearer picture. Let’s see which way gold decides to go on month closing...
PEPPERSTONE:XAUUSDShort
by TheGoldenCircle
Gold forms a top patternOn the H4 chart, the gold price chart is forming a clear bearish structure after forming a three-peak pattern in a row around the $3,435–$3,470 range. Each time the price touches this range, it is strongly rejected, indicating that selling pressure controls the market. The fact that the price cannot maintain above the EMA34 and EMA9 at the same time is also a sign of confirmation of a weakening trend in the short term. Although gold recovered slightly to the $3,365 range in the Asian session on April 25 thanks to news of PBOC money injection and a weakening USD, the buying pressure was not enough to break the bearish structure. The price quickly reversed and fell below the $3,300 mark, confirming the possibility of further correction in the near future. Currently, the price has cut below the two EMAs and broken the nearest bottom at $3,290, triggering a bearish signal according to the “small head and shoulders” pattern on the H4. The next target is the strong support zone of $3,180–$3,220. If this zone is broken, the correction trend may extend deeper to the $3,100 area. The appropriate short-term strategy at this time is to wait for the price to retrace to the $3,310–$3,330 area, cut losses above $3,350 and take profits around $3,200. The bullish scenario will only happen if the price breaks above $3,370 and closes above the old resistance – then the bearish structure will be broken.
OANDA:XAUUSD
by norbanpar
4
XAU/USD Outlook – Will This Tight Range Explode Soon?🔥 XAU/USD Outlook – Will This Tight Range Explode Soon? 📊 Technical Overview: Gold (XAU/USD) has entered a consolidation phase after last week's sharp swings. The market is currently trapped within a tightening structure between 3,274 and 3,336, forming a potential wedge or triangle pattern. This type of structure often precedes a breakout. Price is still hovering below the 200 EMA on the H1 timeframe, while key support zones are starting to show signs of buying interest. A hold above 3,301 could lead to a potential rally toward the upper resistance levels at 3,352 – 3,366. 🔺 Key Resistance Levels: 3,336.767 3,352.159 3,357.689 3,366.067 🔻 Key Support Levels: 3,301.370 3,291.885 3,274.779 🎯 Trade Setups: 🔵 BUY ZONE: Entry: 3,274 – 3,276 SL: 3,270 TP: 3,284 – 3,291 – 3,301 – 3,336 🔴 SELL ZONE: Entry: 3,357 – 3,366 SL: 3,370 TP: 3,336 – 3,301 – 3,291 📰 Today’s Market Focus: No major economic data is expected today. However, markets may begin pricing in expectations ahead of this week’s key releases — ADP Employment Change and Nonfarm Payrolls (NFP). Geopolitical tensions in South Asia and statements from FED officials may act as surprise catalysts for gold volatility. 🧭 Conclusion: Gold remains stuck in a tight sideways channel. Traders should continue range trading while waiting for a confirmed breakout. A strong breakout above 3,366 or breakdown below 3,274 will set the tone for the next directional move. 👉 Trade smart and manage your risk. All eyes on U.S. data and geopolitical headlines!
OANDA:XAUUSDLong
by MMFlowTrading