Buy gold, TP: 3355-3365Technical aspect:
Gold stopped falling and rebounded after touching 3333. The highest price has only rebounded to 3353. It seems that the bullish potential is weak and the rebound is weak. However, the gold candlestick chart closed with a long lower shadow after touching 3333, proving that there is a certain degree of buying support below; if gold can maintain above 3340-3330 in the short term, gold bulls still have the opportunity to rebound to 3355-3365;
From the perspective of morphological structure, as long as gold remains above 3330, the gold bull structure has not been effectively destroyed, and bulls still have the opportunity to counterattack. It also proves that the buying support below is effective, and the bottoming and rebounding structure is established in the short term, so we can still consider continuing to go long on gold in short-term trading.
Trading strategy:
Consider the 3345-3335 area as support, and try to go long on gold in small batches;TP:3355-3365
Futures market
Bullish bounce off 50% Fibonacci support?XAU/USD is falling towards the support level that lines up with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 3,327.90
Why we like it:
There is a pullback support level that lines up with the 50% Fibonacci retracement.
Stop loss: 3,304.13
Why we like it:
There is an overlap support level that is slightly above the 78.6% Fibonacci retracement.
Take profit: 3,390.21
Why we like it:
There is a pullback resistance level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
USOIL LETS MAKE OIL GREAT AGAIN TO 80$HELLO TRADERS
As i can see USOIL it formaing H & S pattrent and now trading above a strong Weekly horizontal Support zone if prices hold above 65$ then given Tp can be easy target if we see a higher demand and tight supply with the War going on around the world its a huge possibilty that pricce can shoot up we have to monitor the 65$ price zone which is importat to hold bull cycle on smaller TF 4HR it is creating Wickoff pattren too and we can see Fibo levels golden ratio can hit our targers or risk reward is great for us becaus we was buying the dip in May it is just starting chart is crystal clear its just a trade idea share your thoughts we appriciate ur comments and support Stay tuned for more updates
Russell 2000 at Important Resistance Level Hey Traders so today if we take a look at the Russell 2000 it is now at a very important resistance level 2105.
The reason this level is important imo is because it is also the 50 % Fibonacci Retracement Level from last years high. Markets normally retrace 50% of the last big move which it has now done after the big downtrend.
So if market can close above this level that would be very bullish for Russell 2000 and pullbacks would be great buying opportunities. However if Bearish I would wait for break below 1980 before shorting.
Always use Risk Management!
(Just in case your wrong in your analysis most experts recommend never to risk more than 2% of your account equity on any given trade.)
Hope This Helps Your Trading 😃
Clifford
The latest gold trend analysis strategy on June 3:
1. Analysis of the core drivers of the current market
Geopolitical risks escalate
The worsening of the conflict between Russia and Ukraine has boosted risk aversion demand. Gold, the US dollar and US bonds have strengthened simultaneously, indicating that the market has a strong risk aversion sentiment.
If the situation escalates further (such as NATO's direct intervention), the price of gold may accelerate to 3400+.
Trade friction risk
The United States intends to expand steel and aluminum tariffs. The market is worried that the global supply chain will be hit again. The rebound in inflation expectations is good for gold.
Key risk events this week
Non-agricultural data (if the job market cools down → the Fed's interest rate cut expectations heat up → bullish for gold)
Central bank policy (ECB/Fed officials' speeches, if dovish, support gold prices)
2. Key technical signals (1-hour chart)
✅ Trend structure
The moving average is arranged in a bullish pattern (5EMA > 10EMA > 20EMA), and the price runs along the upper track of the Bollinger band, which is strong in the short term.
Key support/resistance:
Support area: 3340-3350 (previous high support + Fibonacci 38.2% retracement)
Resistance area: 3380 (psychological barrier) → 3400 (previous high + integer barrier)
✅ Momentum indicator
MACD: Double-line golden cross, the bar is enlarged, but close to the overbought area, be wary of short-term corrections.
RSI(14): 62 (not overbought, still has room to rise).
III. Refined Trading Strategy
1. Long Entry Plan
(1) Pullback and Go Long (Main Strategy)
Ideal Entry Range: 3340-3350 (Combined with K-line reversal signals, such as hammer line/bullish engulfing)
Stop loss: 3328 (break through previous low + channel lower track, confirm trend destruction)
Target 1: 3375-3380 (previous high pressure, partial profit stop)
Target 2: 3400 (look to 3420 after breakthrough)
(2) Breakout and Go Long (Secondary Strategy)
If the price breaks through 3380 strongly and stabilizes, you can go long with a light position, stop loss 3365, and target 3400-3420.
2. Short Hedging Strategy (Caution!)
If the price falls below 3328, it may turn short, and you can look to 3310-3300 in the short term (but it depends on whether the fundamentals have turned).
IV. Risk management and position control
Position ratio: a single transaction should not exceed 3%-5% of the total funds.
Stop loss discipline: strictly stop loss at 3328 and avoid emotional holding of orders.
Dynamic stop profit:
If the price reaches 3375-3380, you can reduce your position by 50%, and the remaining position will be protected by stop loss to 3350.
If it reaches 3400, exit all or keep a very small position to fight for higher prices.
XAUUSD: Break or Bounce at ResistanceGold has reached a critical technical zone near a long-term descending trendline and horizontal resistance around $3360–3380. Price action suggests a make-or-break moment is unfolding.
Key Technical Structure:
Descending Trendline Resistance from the April high capped the rally.
Current move has formed a rising wedge — typically bearish if broken.
Price is testing resistance confluence — a rejection could send Gold lower.
Scenarios to Watch:
🔹 Bullish Breakout:
Clean breakout and close above $3380 confirms trendline invalidation.
Upside projection points to $3500 — previous high and psychological level.
🔹 Bearish Rejection:
Failure to break the trendline + wedge breakdown can drag price to:
$3280 (38.2% Fib)
$3160–3200 zone (61.8% Fib + demand area)
Macro Factors to Watch:
Tariff escalation between US–EU could trigger risk-off → bullish for Gold.
FOMC policy pause, weak job data, or inflation rebound also support upside.
Stronger USD or yield spike may trigger wedge breakdown → bearish.
Conclusion:
XAUUSD is at a key inflection point. Wait for confirmation: either a clean breakout or a clear reversal rejection. Trade the resolution, not the anticipation.
Nasdaq 100 Uptrend Approaching Important Resistance LevelHey Traders so today still looking at Nasdaq 100 now in strong uptrend but watch close this 21,867 level because a few things could happen. It could break through which would be bullish. It could pause and consolidate or it could reverse.
Then we have the All Time High at 22,684 not too far away!
So if your bullish wait for a closing price above that level 21,867 before continuing to buy or better yet let it break above them pullback then buy at a better price.
However if you bearish I wouldn't try shorting until a break below support at 20,700
Always use Risk Management!
(Just in case your wrong in your analysis most experts recommend never to risk more than 2% of your account equity on any given trade.)
Hope This Helps Your Trading 😃
Clifford
Eyes on the Trap: Will Gold Explode or Collapse from Here👋 Hey gold warriors — Tuesday’s battlefield is fully loaded.
After a strong NY push, Gold is now deep in premium, pressing into key H1/H4 supply. Liquidity is building above, and the market is hunting late buyers. With Powell’s speech on the radar, structure will decide everything.
Will we explode through 3400... or collapse back into discount?
Let’s lock in the zones that matter 👇
🔻 SELL ZONES – Premium Reversal Hotspots
Zone Key Levels What to Watch
🔺 Main Rejection Zone 3384–3398 Final imbalance + H1/H4 supply. Rejection here with M15/M30 CHoCH = high-probability short.
🔺 Breakout Trap Zone 3368–3375 Already broken weak high — could act as a pivot if price fails to hold above. Watch for bearish reaction.
🔺 Sweep Extension Zone 3405–3412 Only valid on impulsive break above 3398. Look for wick trap or quick rejection.
🔺 Extreme Premium Zone 3440–3458 Deep liquidity + fib extension. If reached, this is the ultimate sniper sell zone — watch for divergence and exhaustion.
🔹 BUY ZONES – Demand Reload Triggers
Zone Key Levels What to Watch
🔹 M30 Demand Rebound 3332–3342 Short-term OB + FVG. Scalps only. Must see HL confirmation on M15.
🔹 H1 Demand Cluster 3305–3315 Strong BOS origin + FVG. Clean area to build long if price pulls back.
🔹 Intermediate Reaction Zone 3270–3284 Minor FVG + past reaction. Not a major OB, but could bounce. Confirmation needed!
🔹 Deep Discount Demand 3244–3255 H4 OB + macro structure support. If market flushes here, expect powerful rejection setup.
🧠 Strategic Scenarios
📉 Sell Setup A → Spike into 3384–3398 → M15 shift → short to 3332, then 3305
📉 Sell Setup B → Breakout to 3405–3412 → trap wick → short with target back to 3342
📉 Sell Setup C → Full sweep into 3440–3458 → divergence + reversal → high-prob swing short
📈 Buy Setup A → Pullback into 3315 → HL confirmed → long toward 3375
📈 Buy Setup B → Clean bounce from 3270–3284 with CHoCH → scalp to 3332
📈 Buy Setup C → Washout into 3255 → bullish engulfing or M15 BOS → long setup toward 3305+
⚙️ EMAs & Momentum
✅ EMA 5/21/50 = bullish lock across TFs
⚠️ RSI showing divergence in premium → risk of exhaustion above 3400
🔁 Price now extended — wait for clear reaction before taking action
💬 Final Word from GoldFxMinds
We’re in the zone — literally.
This is not the time to chase green candles or short early.
🧠 Let the structure shift. Let liquidity clear.
Then enter with confidence, not emotion.
💛 If you appreciate this sniper-grade breakdown:
👍 Smash that LIKE
💬 Comment your thoughts below
📍 And follow GoldFxMinds for real-time intraday updates and battle-tested plans.
Let’s trade like tacticians, not gamblers.
— GoldFxMinds
Crude Oil (WTI) - Cup and Handle PatternCrude Oil (WTI) - Cup and Handle Pattern Breakdown
Chart Overview:
The chart displays a clearly formed Cup and Handle Pattern — a classic technical formation often followed by aggressive moves.
Cup Formation: Smooth rounding bottom showing accumulation phase, with resistance near $66.5.
Handle Formation: Slight pullback consolidating below resistance, typical before a breakdown.
Technical Interpretation:
The Cup and Handle pattern is typically considered a bullish continuation pattern. However, in this case, the price has failed to break above the resistance, suggesting a bearish reversal.
Bearish Breakdown Expected: Instead of breaking out to the upside, price action suggests a breakdown — making the Cup and Handle act as a reversal pattern.
Targets:
First Target:
56.50 USD
This level aligns with the measured move technique where the depth of the cup is projected downward from the breakdown point.
Second Target:
46.75 USD
This target is based on further extension, likely a Fibonacci projection or the full cup depth extension in bearish scenario.
Key Observations:
Pattern Completion: The handle part has completed and price is hesitating near the neckline.
Volume Confirmation: (Assumed from typical setups) — Breakdown from the handle zone usually needs a surge in volume to confirm the bearish move.
Trend Structure: Lower highs and lower lows forming after the peak of the handle indicate growing selling pressure.
Measured Move Logic:
The height of the Cup (from the bottom to resistance) is projected downward.
Extension projections justify the second target of 46.75 USD.
Risk Factors:
Watch for any false breakdown — if price reverses and reclaims above the handle resistance (~66.5 USD), the pattern would be invalidated.
Macroeconomic news (OPEC meetings, inventory data, geopolitical tensions) can impact Crude Oil prices unpredictably.
Summary:
Pattern: Cup & Handle (Bearish Reversal)
Breakdown Expectation: Strong, impulsive.
Immediate Target: 56.50 USD
Extended Target: 46.75 USD
Invalidation: Close above 66.50 USD.
Disclaimer:
This analysis is for educational purposes only and does not constitute investment advice. Trading in crude oil or any commodity involves significant risk and you should consult your financial advisor before making trading decisions.
GOLD (XAUUSD) 1H Chart | Bullish Breakout Idea With Key Zones > "Gold is showing strong bullish structure on the 1H timeframe. Price is approaching key breakout zones with momentum building. This idea highlights critical support/resistance levels and potential breakout targets. Watch for confirmation before entry."
This is just idea not a financial advice !
GOLD ROUTE MAP UPDATEHey Everyone,
Another powerful day in the markets with our chart idea unfolding exactly as anticipated.
In yesterday’s update, we highlighted that all our targets, 3305, 3334, and 3359 were hit following the EMA5 cross and lock confirmation. We also pointed out the EMA5 lock above 3359, now left 3389 open.
✅ Today, that 3389 level was hit to perfection.
The absence of a further EMA5 lock above confirmed a precise rejection, sending price back down into the lower Goldturns for support and bounce inline with our plans to buy dips.
We will continue to buy dips using our support levels taking 20 to 40 pips and track the movement with ema5 lock or rejection. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3305 - DONE
EMA5 CROSS AND LOCK ABOVE 3305 WILL OPEN THE FOLLOWING BULLISH TARGETS
3334 - DONE
EMA5 CROSS AND LOCK ABOVE 3334 WILL OPEN THE FOLLOWING BULLISH TARGET
3359 - DONE
EMA5 CROSS AND LOCK ABOVE 3359 WILL OPEN THE FOLLOWING BULLISH TARGET
3389 - DONE
EMA5 CROSS AND LOCK ABOVE 3389 WILL OPEN THE FOLLOWING BULLISH TARGET
3428
EMA5 CROSS AND LOCK ABOVE 3428 WILL OPEN THE FOLLOWING BULLISH TARGET
3478
BEARISH TARGETS
3271
EMA5 CROSS AND LOCK BELOW 3271 WILL OPEN THE FOLLOWING BEARISH TARGET
3227
EMA5 CROSS AND LOCK BELOW 3227 WILL OPEN THE SWING RANGE
3185
3146
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOLD: Target Is Down! Short!
My dear friends,
Today we will analyse GOLD together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding below a key level of 3,349.76 So a bearish continuation seems plausible, targeting the next low. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
Long orders have made profits, gold layout in the evening📰 Impact of news:
1. Economist: The Federal Reserve may cut interest rates sharply in December
2. Lee Jae-myung, candidate of the Democratic Party of Korea, was elected president of South Korea
📈 Market analysis:
Currently, the gold price is in a consolidation pattern, showing an overall volatile pattern during the day. The hourly Bollinger Bands are opening downward, and the MACD indicator is running in a dead cross. In the short term, the bears have a certain advantage. However, observing the 4H level, it can be found that the RSI indicator crosses when entering the overbought area, suggesting that the risk of a correction in the short term has increased. For evening operations, it is recommended to wait for the gold price to stabilize before entering the market, focusing on the important support of 3335-3325. If it obtains effective support and stabilizes in this range, the gold price may resume its upward trend. If it falls below 3325, the bullish momentum will be weakened. Therefore, it is recommended to wait for a pullback to 3335-3325 to go long in the US market, and look to 3350-3370 in the short term.
🏅 Trading strategies:
BUY 3335-3325
TP 3350-3370-3400
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
Gold's correction does not alter the upward trendDuring Tuesday's Asian trading session, gold prices edged lower, primarily due to a modest rebound in the US Dollar Index from a six-week low and improved market risk appetite. The overnight rally in risk assets reduced demand for safe-haven assets, prompting some gold longs to take profits. However, caution remains prevalent across global markets, with factors such as the ongoing expansion of the US fiscal deficit, heightened US-China trade frictions, and the failure to reach an agreement in the second round of Russia-Ukraine peace talks continuing to underpin gold's safe-haven demand.
The market is currently in a state of tug-of-war between the US dollar's short-term rebound and the medium-to-long-term safe-haven demand, though multiple fundamental factors still favor gold, including rising geopolitical risks, intensifying trade tensions, expectations of accommodative Federal Reserve policies, and instability in the US fiscal position.
Traders should focus on the 3325–3335 support zone. If prices stabilize and rebound from this area, the first target could be 3380, followed by further attention to the previous high in the 3390–3400 region. A decisive break above this resistance level would warrant holding positions with a target above 3400.
Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term.
Trading Strategy:
buy@3320-3330
TP:3370-3380
6/3 Gold Analysis and Trading SignalsGood morning, everyone!
Gold climbed to the 3370 area yesterday without showing any significant pullback, indicating that bullish momentum remains intact. After this morning’s opening, the price continued to rise, and from a technical perspective, there’s still room for further upside. The 3400 level is likely to be tested today, and if accompanied by increased volume, gold may extend gains towards the 3416–3438 resistance zone.
From a tactical standpoint, a technical retracement after today’s rally is the base case scenario, and intraday trades can be structured within the broader 3440–3320 range. On the downside, the 3368 level is the first key support to watch, followed by 3352, which could serve as a pivot area if a pullback occurs.
On the macro front, two economic data releases are scheduled during the US session, along with a Q&A session involving Fed’s Goolsbee, which could inject short-term volatility into the market.
📌 Trade Plan for Today:
Sell within the 3416–3438 zone, with controlled position sizing; short-term strategy preferred.
Buy near the 3338–3321 support area, with a defensive setup and tight risk control.
Flexible trading levels to monitor: 3421 / 3413 / 3397 / 3386 / 3367 / 3358 / 3343
Strategy outlook: Adopt a “sell high, buy dips” short-term strategy today. Avoid chasing breakouts blindly; focus on rhythm and structure.