I tried to experiment with Google Gemini by providing current XAUUSD d1, h4, and h1 tf screenshots and asked to give it’s analysis based on these charts.
Here’s the Google Gemini analysis results for your review. It is just an experiment,so don’t take it seriously while commenting.
As a technical analyst and financial markets expert, here’s my analysis of the XAUUSD across the D1, H4, and H1 time frames, based on the provided charts:
Overall Market Context (D1 Chart - Daily)
The D1 chart shows a strong bullish trend for XAUUSD that began around mid-October 2024 and accelerated significantly from January 2025 onwards.
Key Support/Resistance:
The price has recently pulled back from a high of around 3427.63, finding support above the ascending moving averages (likely 50-period and 200-period, though not specified).
Recent Price Action:
After hitting its peak, XAUUSD entered a corrective phase, but it appears to be attempting to resume its upward trajectory. The current price action shows it battling around the 3331.14 level, which seems to be a significant psychological and technical level.
Moving Averages:
Both moving averages are clearly sloping upwards, indicating a healthy long-term uptrend. The price is currently trading above both, reinforcing the bullish bias.
Intermediate Term View (H4 Chart - 4-Hour)
The H4 chart provides a more detailed look at the recent price movements within the daily trend.
Correction and Recovery:
Similar to the daily chart, the H4 shows the significant pullback from the peak. However, it also illustrates a clear recovery phase, with the price now trading above the shorter-term moving average and attempting to break above the longer-term one.
Consolidation/Flag Formation:
The recent price action on the H4 chart between late April and mid-May could be interpreted as a period of consolidation or perhaps even a bullish flag formation after the strong upward move.
Support Levels:
The level around 3161.18 acted as strong support during the recent pullback. The price has successfully bounced off this area.
Momentum (AO Indicator):
The AO (Awesome Oscillator) on the H4 chart shows fluctuating momentum. While there was a strong bearish divergence during the pullback, it appears to be turning more positive recently, with green bars appearing above the zero line, indicating growing bullish momentum.
Short Term View (H1 Chart - 1-Hour):
The H1 chart gives us the most granular view of the immediate price action and potential entry/exit points.
Short-term Uptrend:
After the mid-May low, the H1 chart clearly shows the formation of a new short-term uptrend, characterized by higher highs and higher lows.
Current Resistance:
The price is currently testing resistance around 3345.89 and 3331.14, which align with previous swing highs. A clear break above these levels would signal a continuation of the short-term uptrend.
Moving Averages:
The shorter-term moving average (blue) is above the longer-term moving average (purple), and both are sloping upwards, confirming short-term bullish momentum. The price is currently trading above both.
Momentum (AO Indicator):
The AO on the H1 chart is showing positive momentum (green bars above zero), supporting the current short-term bullish bias.
However, it’s crucial to watch for any potential divergence if the price continues higher without corresponding momentum strength.
Key Levels:
The levels of 3331.14 and 3345.89 are critical for immediate bullish continuation. A break below 3305.12 could signal a short-term correction.
Conclusion and Trading Considerations:
The overall picture for XAUUSD remains bullish across all three time frames, supported by upward-sloping moving averages and recent price action.
Bullish Bias:
The dominant trend is up. Traders should generally look for buying opportunities on pullbacks.
Key Resistance to Watch:
On the short term, breaking above 3345.89 is crucial for continued upside momentum. On the daily chart, the all-time high of 3427.63 will be the next major target if the current rally continues.
Potential Entry Points:
Aggressive: A confirmed break and retest of 3345.89 on the H1 chart could offer an entry.
Conservative: Waiting for a deeper pullback towards the ascending moving averages on the H4 or D1 charts (e.g., around 3305.12 or 3270.40 levels, which were previous resistance levels now potentially acting as support) might provide a better risk-reward entry.
*Risk Management:
Always define a stop-loss. The “SL” indicated on the charts (around 3270.40 - 3239.54 depending on the chart and specific trade) seems like a reasonable area for a stop-loss, especially considering the 3239.54 level as strong previous support.
Watch for Divergence:
Keep an eye on momentum indicators (like the AO) for any bearish divergence as the price approaches new highs, which could signal a potential reversal or significant pullback.
Disclaimer: This is just an experiment and Google Gemini analysis is based solely on the provided images and serves as a general technical perspective. It does not constitute financial advice. Trading in financial markets carries significant risk, and individuals should conduct their own thorough research and analysis before making any trading decisions.
Update
I opened a XAUUSD trade on last Friday at 3345.89 (14:59:39 GMT+3).
… Wishing you all the best
But you can use it to find other information, in particular the fundamental.
. We can’t rely on such information. It’s under short-term correction, it’s kind of a double edged sword situation.
