FX.co ★ Kepek | XAU/USD, GOLD

GOLD Technical Analysis May 15, 2025 Technically, I see that this Gold commodity has entered a price position that is still worthy of being considered as an entry point. Let's take a look at the following 1 Hour Time Frame Gold chart image before we analyze it:

Let's analyze using Price Action analysis (Trader Pressure), In the market trend, GOLD appears to be still in a Bullish / Uptrend condition, but we must also anticipate a trend reversal if the price breaks through the Support area above and also price consolidation. In the candle history, we can look for Buy entry opportunities, but to be more objective, I will present an analysis for buy or sell entries. If we look at the chart image above, Buyer pressure (length of Green candle) slowly increases the price without being able to be countered by Seller pressure (length of Red candle) and forms a Higher Low. This indicates that Buyers are still dominating the formation of certain price levels. However, Sell opportunities can still be found in this GOLD commodity. In the image, I determine the Resistance area through the line above the price (3207.27 – 3181.58), for the Support area, we can see through the two lines below the price (3113.03 – 3087.72). Below are my entry setup options, you can use them to suit your trading style. Setup entry for breakout opportunity, If the 1-hour candle close price breaks through the Upper Limit of the Resistance Area (3207.27), then prepare to look for the best buy entry position. If the 1-hour candle close price breaks through the Lower Limit of the Support Area (3087.72), then prepare to look for the best Entry sell position. Cut Loss if the 1 Hour Candle Close price is below the lower limit of this resistance area (3113.03) for Stop Loss entry sell. And do a minimum risk ratio of 1:1. And Pullback Setup for Sell position: Pullback area uses resistance area, if the 1 Hour Candle Close price is in the pullback area, you can take a Sell position and do Cut Loss if the 1 Hour Candle Close price is above the upper limit of the Pullback area (> 3207.27). Use a minimum risk ratio of 1: 1 according to your trading method. And Pullback Setup for Buy position: Pullback area uses support area, if the 1 Hour Candle Close price is in the pullback area, you can take a Buy position and do Cut Loss if the 1 Hour Candle Close price is below the lower limit of the Pullback area (