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GOLD-BUY

A Bearish XAUUSD Setup You Can’t Afford to MissOANDA:XAUUSD has dropped sharply, reflecting the complete dominance of sellers who continue to push the market lower with strong bearish momentum. After the decline, the price paused and then began to rise slowly, forming a familiar wedge pattern, a classic signal of trend continuation. Buyers attempted to regain control, but the buying pressure was weak, and every rally was quickly met with renewed selling. Eventually, the price broke below the pattern with significant pressure and is now retesting the breakout area. This confirms that the market remains bearish, with limited chances of a meaningful reversal. If the price continues to break below this zone, further declines are likely to follow. I anticipate the next bearish wave could reach around 3,885, aligning with the broader downtrend. This analysis is for educational purposes only and does not constitute trading advice or financial recommendation.
OANDA:XAUUSDShort
by Erikk_Kraft
19
Gold’s Inverse Head and Shoulders PatternThe price has been dropping steadily and consistently so far. Check out my previous analysis: Or click on the attached idea on my chart. But here’s the thing, momentum is starting to shift. If you look closely, you'll see that we’re forming an inverse Head and Shoulders pattern. We have the first low, the left shoulder. Then, a deeper low, the head. And finally, a slightly higher low, the right shoulder. Right now, price is sitting just above that downward-sloping neckline, which is a clear sign that momentum is beginning to change, and there are few obstacles in its way. My expectation is for a pullback to retest the neckline, filtering out any fake moves, before potentially pushing upward toward 4,085. If the bullish momentum continues with strong volume, I’ll lock into the trend and plan my entry accordingly. I might even take a buy position here for a more proactive setup. The risk is slightly higher, but with the market structure confirming it, I’m ready to enter because sometimes, the best trades come when you trust your setup. Just sharing my thoughts on the chart, not financial advice. Always confirm your setup and manage your risk wisely.
OANDA:XAUUSDLong
by Erikk_Kraft
8
XAUUSD: Tension Builds as the Market Awaits DirectionWhat’s really happening here? If you take a close look at today’s XAUUSD chart, you’ll notice a very dramatic picture: gold prices are being tightly compressed inside a converging triangle pattern. This is a classic formation that reflects the battle between two market forces: - Buyers are forming higher lows, showing increasing buying pressure. - Sellers, on the other hand, continue to hold lower highs, consistently blocking every upward attempt. As these two trendlines move closer together, the market becomes like a compressed spring; the longer it’s squeezed, the stronger the move will be once it’s released. So, what does this mean? In my view, it shows that gold is currently in a highly sensitive accumulation phase, and any breakout could trigger a major move in a new direction. - If the price breaks above the 4,020 – 4,030 USD resistance zone, it could be the first signal of a new bullish wave targeting 4,070 – 4,100 USD. - Conversely, if it breaks below the 3,960 USD support, a bearish scenario will likely unfold, pulling the price back toward 3,910 – 3,880 USD. 🔹 How to identify a real breakout (my way): - Wait for confirmation with a strong closing candle and high volume. - A successful retest of the broken zone (which now switches roles: resistance → support or vice versa) will serve as a “golden certificate” for a sustainable breakout. - And remember, false breakouts often occur right before the market truly explodes. 🔹 Risk factors (from my perspective): - If gold breaks the boundary without volume or with long-wicked candles, it could simply be a trap set by major players. - Once the price falls back inside the triangle after a breakout, the entire structure becomes invalid. ✅ Conclusion (in my view): - Gold (XAUUSD) is now in the “calm before the storm” phase. - Buyers are quietly accumulating near support areas, while sellers defend the last line of resistance. - A clear and confirmed breakout in either direction could set the stage for a big move this week. Stay disciplined: - Wait for breakout + confirmation + retest; that’s how you stay on the right side of the market and avoid false signals. This is not financial advice, just my personal view of today’s chart — my way. Trade safely and patiently, because sometimes doing nothing is also a strategy.
OANDA:XAUUSD
by Erikk_Kraft
4
AUDUSD in a falling wedge: ready for a strong bullish breakoutThe AUDUSD chart looks particularly intriguing right now. Recently, the pair has taken on a new, more confident character, shaping into a structure that radiates optimism. The latest market interaction is especially eye-catching; it reveals the first hints of a potential rebound, while the previous bearish momentum is slowly fading away. Low-volume candles suggest market exhaustion, often the calm before a fresh upward move. My target stands around 0.65450. If this scenario unfolds, we could witness a stunning price evolution, almost like a dramatic scene building after weeks of anticipation. The setup is both elegant and promising, a story being written in real time, one that demands patience and confirmation before revealing its full potential. While a bearish scenario remains possible, given the solid support below, I continue to lean bullish. The current structure exudes confidence, balance, and the quiet strength of a market preparing to rise again.
Long
by Erikk_Kraft
6
XAUUSD Breaks Out and Continues Its Bullish RallyOANDA:XAUUSD The market is still in a strong downtrend, yet the bearish momentum is gradually losing strength as a double bottom pattern begins to form, a classic signal that sellers are running out of steam. After the second bottom took shape, buyers stepped in with growing confidence, and the price is now testing the neckline, confirming a structural shift toward a potential bullish reversal. At this point, all eyes are fixed on the neckline. If a breakout above this level occurs, it will confirm the pattern and open the path for buyers to push the price higher toward 4,135.
OANDA:XAUUSDLong
by Erikk_Kraft
15
XAUUSD: A Potential Reversal on the HorizonOANDA:XAUUSD The price has been on a steady decline, but there's a shift happening. Sellers have tried to push the price even lower twice, but both attempts were met with strong rejection at nearly the same price level. This is forming a Double Bottom, a classic signal that the downward momentum is losing power. Now, all focus is on the neckline. A decisive breakout and a close above this level will not only confirm the pattern but could also spark a significant rally toward the 4,135 target. If this happens, we could be looking at the beginning of a powerful trend reversal. The market is gearing up for a move, and this is where it gets exciting.
OANDA:XAUUSDLong
by Erikk_Kraft
3
XAUUSD: The Bullish ABCD Pattern Signals Potential Price SurgeHey everyone, it's Erik! The price has decreased within the bullish ABCD pattern, a pattern that often indicates that the sellers have exhausted their strength, with their momentum weakening near the bottom. Recently, the price broke above the upper trendline, signaling that buyers are starting to intervene, shifting the market dynamics in their favor. If the price stays above this recently broken level, we could see a significant rise. My target is for the price to reach around 4,130, a reasonable level based on the current setup.
OANDA:XAUUSDLong
by Erikk_Kraft
5
GOLD will return to the Fibonacci level after a sharp declineOANDA:XAUUSD The price recently experienced a sharp sell-off and, after being strongly rejected at a key resistance level, is now entering a stabilization phase. We’re currently in a consolidation phase, where the selling pressure is gradually subsiding. If buyers can hold this level and push the price higher, the next target will be the Fibonacci retracement zone of 0.5–0.618, ranging between 4,000 and 4,020. This is a critical area, as it could mark the point where sellers may re-enter the market, creating further fluctuations. Wishing you all successful trades and substantial profits!
OANDA:XAUUSDLong
by Erikk_Kraft
2
XAUUSD: A strong rebound toward 4,235 looks highly likelyHey everyone, it’s Erik here. I’m closely watching a potential reversal zone on XAUUSD, which I’ve highlighted on my chart. Based on the current market structure, I expect price to face some rejection before continuing its move upward toward the 4,235 level. This area could be a key decision point for the market. If buyers manage to hold the support, we could see a strong rebound and a continuation of the bullish momentum. But if price breaks below this zone, it could open the door for a deeper move down as liquidity builds beneath. Should we get a clear bullish impulse, the next area I’ll be watching is T2. From there, we might see a period of accumulation or another sharp reaction, depending on the broader market sentiment at that time. I’m simply sharing my personal view of the chart — this isn’t financial advice. Always confirm your own setups and manage your risk with patience and discipline.
OANDA:XAUUSDLong
by Erikk_Kraft
3
XAUUSD remains stable at high levels, focus on what comes nextHey everyone, Erik here. XAUUSD has been showing strong momentum lately. After a sharp decline, the market quickly recovered, rebounding powerfully from the lower boundary of the newly projected channel. What initially appeared as weakness was actually a calculated shakeout, trapping sellers before reversing upward with confidence. This behavior is typical of strong bullish trends. It clears out weak positions, triggers stop losses, and restores balance before the next upward movement. At this stage, the market appears to be entering the early phase of a new bullish impulse. There might be a short consolidation or a slight correction, but the momentum is clearly pointing toward the upper boundary of the channel. For XAUUSD, the bullish continuation scenario seems far more convincing. My target is around 4,585, near the upper resistance zone of the projected channel. The overall market structure remains decisively bullish, and the emotional surge during the last drop may become the fuel that powers the next strong rally.
OANDA:XAUUSDLong
by Erikk_Kraft
5
Gold Likely to Rise FurtherPEPPERSTONE:XAUUSD is demonstrating a well-structured movement within an ascending channel, where each price bounce is well-controlled, and every retracement follows a consistent pattern. The strength of the buyers is becoming increasingly evident, with technical dynamics becoming more organized and fluid. After breaking through a key resistance level, the price is now retesting this level. If this level holds as solid support, the market is likely to continue its bullish momentum towards 4,500, which serves as the natural target aligned with the upper boundary of the ascending channel. As long as the price remains above this support level, the upward trend will continue. However, if the price fails to hold and drops below this level, the trend structure will be at risk, and the likelihood of a technical correction towards the lower boundary of the channel will increase. In this well-organized market condition, consistency and discipline in analysis are crucial. Carefully identify key points, wait for strong confirmation, and allow the trend to move in the predetermined direction.
PEPPERSTONE:XAUUSDLong
by Erikk_Kraft
9
Gold setup: The retracement that could spark the next rallyOANDA:XAUUSD continues to trade confidently within a well-defined ascending channel, maintaining a clear and healthy bullish structure. After testing the upper boundary, the price pulled back to the mid-zone, where a strong rejection candle appeared, confirming that buyers are still defending key levels with conviction and keeping the upward momentum alive. This kind of market behavior often signals renewed strength before the next move higher. If the bullish momentum holds, the price could break above the upper boundary of the channel and push toward new highs. Given the current technical setup and positive sentiment across the market, a move toward 4,500 seems both realistic and consistent with the ongoing trend. Even so, caution remains important. A daily close below the lower boundary of the channel would weaken the bullish structure and could trigger a short-term correction before the trend resumes. From a broader perspective, the bullish outlook for gold continues to be supported by geopolitical tensions, global uncertainty over interest rate policies, and the weakening US dollar. With central banks maintaining strong demand for gold as a hedge against economic instability, the precious metal remains one of the most attractive safe-haven assets in today’s volatile market.
OANDA:XAUUSDLong
by Erikk_Kraft
1
Global Uncertainty, Fed Moves, and the Golden Opportunity AheadHey everyone, good to see you here. Let’s unpack what’s been happening with gold after another explosive week in the markets. Last Friday, gold pushed to new record highs, touching close to 4,400 before heavy profit-taking kicked in during the US session. The pullback shaved roughly 165 off the top, but even with that drop, gold still managed to close the week nearly 6% higher. That makes it nine straight weeks of gains — an incredible run we haven’t seen in years. Since this short-term rally began, gold’s climbed more than 25%, outperforming the 2020 surge that once shook the market. So what’s driving this strength? It’s a mix of global uncertainty, geopolitical tensions, and traders positioning around the Fed’s policy shift. Rate cuts and the looming risk of a US government shutdown have added volatility, but also reinforced gold’s status as a safe-haven play. Every dip so far has been met with buyers stepping in confidently — a clear sign that sentiment remains firmly bullish. Technically, the 4,200 zone stands out as key support. As long as price holds above it, the “buy-the-dip” strategy stays valid. The Fibonacci retracements around 0.5 and 0.618 align perfectly with this level, highlighting an area where buyers could reload before the next leg up. If momentum keeps building, the path toward 4,500 looks open and realistic. The trend is strong, the fundamentals are supportive, and gold continues to attract both institutional flows and retail interest. Right now, gold isn’t just shining — it’s commanding attention. The question is, are you watching closely enough to catch the next move?
OANDA:XAUUSDLong
by Erikk_Kraft
1
XAUUSD: Detecting the Rising Wedge PatternOANDA:XAUUSD has experienced a significant rise recently, but we are currently seeing the formation of a Rising Wedge pattern, which often signals buyer exhaustion and a potential reversal toward a bearish trend. As the structure tightens near the top, the upward momentum starts to weaken, indicating that the buying pressure is fading. A strong breakout below the trendline would confirm selling pressure and could signal a move toward the 4,130 level. However, until that happens, patience is key. It’s important to wait for a clear breakout with high volume to avoid false signals. In summary, don’t rush into the market too early. Caution and waiting for a clear signal are essential to maximize your chances of success. Best of luck and happy trading!
OANDA:XAUUSDShort
by Kiliann_Dang
4
XAUUSD detects the Cup and Handle patternThe market context on XAUUSD is still clearly bullish. The latest movement has shown a stable recovery, pushing towards the expected channel top. But let's pay attention to what happens at this price level. The price tested it once... and then bounced down. It’s coming back... And now, for the third time, we’re waiting for buyers to defend this level again... This looks a lot like a Cup and Handle pattern, a strong signal that buyers are building significant bullish momentum. Now, let’s break it down: The real confirmation comes when the price breaks through the neckline, the resistance level connecting the peaks. That breakout tells us the change is real! Strong and clear. And right now, the market is consolidating. This is the Cup and Handle pattern: a continuation pattern signaling an uptrend. When the price breaks out of the handle, it’s the confirmation that buyers are back, and the new bullish trend is starting.
OANDA:XAUUSDLong
by Kiliann_Dang
5
Gold may revisit 4,100 after strong buying pressureOANDA:XAUUSD is trading within a clearly defined ascending channel, with price action currently testing the upper boundary. This level could act as dynamic resistance, and a rejection here could trigger a pullback toward the support zone at 4,100. If buyers can hold this support, the bullish structure will remain intact, with the potential to continue pushing towards higher levels. However, if price breaks below this area, a deeper correction toward the lower boundary of the channel could unfold. Monitoring candlestick patterns and volume in this key area is crucial to identify buying opportunities. Risk should be managed appropriately, always confirming your setups and trading with proper risk management strategies. If you have any thoughts on this setup or additional insights, feel free to share them in the comments!
OANDA:XAUUSDShort
by Kiliann_Dang
4
Gold has the potential to set a new highHey everyone, it's Kilian here! Gold is at a very interesting phase right now. After experiencing a strong price surge within a parallel ascending channel, the market is now showing signs of consolidation at these high levels. This suggests that the buyers still have control, and the bullish momentum remains intact for now. If the price manages to break through this area with a strong bullish candle and high volume, it will confirm the dominance of the buyers and open up the potential for a new rally towards the target around 4.130, which aligns with the upper boundary of the channel. However, if the price fails to break through and is instead rejected by strong selling pressure, the appearance of a large bearish candle could signal that the upward momentum is weakening. In this scenario, the price may fall back to test the lower boundary of the channel.
OANDA:XAUUSDLong
by Kiliann_Dang
5
Gold Market: Waiting for the Necessary CorrectionHey everyone, Kilian here! Right now, XAUUSD is at a crucial point. After a strong surge, the price of gold broke through the upper boundary of its channel, but it’s now pulling back. This correction could signal that the buying momentum is starting to fade, hinting at a potential shift in market direction. If selling pressure increases, it’s likely that the price will test the middle, or even the lower boundary of the channel. This could indicate a deeper correction as the market consolidates before deciding its next move. For now, we need to closely monitor the price action. If buyers can regain control and push the price back above the previous breakout level, it would be a strong confirmation that the uptrend is still intact. However, if the price continues to slide, we could be witnessing a short-term bearish phase. I hope your trades are going well. Stay tuned and follow me for more updates and in-depth analysis!
OANDA:XAUUSDShort
by Kiliann_Dang
1
Gold Technical Analysis – Is a Pullback Coming?XAUUSD is currently moving within a well-defined ascending channel, and the price is testing the upper boundary. This area acts as a dynamic resistance, and if the price gets rejected here, we could see a mild pullback back toward the support zone around 3,900. If buyers manage to defend this support, the bullish structure remains intact and gold could attempt to push higher again. On the other hand, if support breaks, a deeper correction toward the lower boundary of the channel is possible, creating potential short opportunities for traders waiting for the right setup. To identify an optimal entry point, watch for confirming signals such as a bullish engulfing pattern, long rejection wicks at support, or a sudden surge in buying volume. Risk management should always be your top priority. Make sure signals are clearly confirmed and apply a solid risk management strategy before entering a position. What’s your take on this? Share your thoughts and strategies in the comments! And don’t forget, discussions in the TradingView community are a great way to sharpen your trading skills and grow together as traders.
OANDA:XAUUSDShort
by Kiliann_Dang
10
XAUUSD: Stepping Up Within the Rising ChannelHello everyone, Kilian here! Gold (XAUUSD) is currently in a strong upward trend, moving within a rising price channel. Recently, the price pulled back from the top of the channel and touched the lower boundary, where it faced significant resistance. This suggests that buyers are stepping back into the market, pushing the price higher once again. If the bullish momentum continues, we could see the price break through the top of the channel, signaling a further upward move. Given the current market conditions, this scenario looks quite likely. However, if the price closes below the lower boundary of the channel, the bullish trend could be invalidated, and we may see a shift toward a downtrend. At that point, we’ll need to be cautious and watch for any potential short-term pullbacks as the market adjusts.
OANDA:XAUUSDLong
by Kiliann_Dang
5
XAUUSD Forecast: Expecting Further Price SurgeHey everyone, Kilian here! Gold is showing solid bullish momentum right now, with relentless buying pressure pushing prices higher. Recently, the metal broke through its final resistance level, then pulled back to retest it, a textbook example of a breakout followed by a classic retracement. This retest was crucial, as the price was rejected at that level, turning it into a new support zone. This shift is a strong long-term buy signal, confirming that the bulls are firmly in control and positioning for further gains, with the next major target around 3,922. On the fundamental side, XAUUSD's outlook remains positive. The U.S. government shutdown is fueling economic uncertainty, which is driving increased demand for safe-haven assets like gold. Additionally, strategic acquisitions are adding further strength to gold's upward momentum. That said, it’s important to remain cautious, as sudden shifts in market sentiment could quickly change the direction. Stay tuned and watch how gold plays out in the coming days. The trend is looking strong, but always be prepared for potential changes!
PEPPERSTONE:XAUUSDLong
by Kiliann_Dang
5