Hello everyone, I am David. Today is Thursday, April 3, 2025! Let's take a look at the gold trend analysis and the US dollar index market analysis
Gold trend analysis
Gold rhythm Asian session rose, European session slightly retreated and rose, US session retreated and stabilized, then quickly pulled up the upper plate "The US session has broken the rule on the evening of April 1"
Open a new gold rhythm Asian session rose, European session fluctuated, and the US session bottomed out and then rebounded!
Weekend article, we said that for gold and US stocks, every day this week is a very critical day. On Thursday, the tariff news will be announced at 3 o'clock; on Friday, the United States will announce the US non-farm employment data for March, and Powell will speak on the same day.
On Monday, gold rose by $50. Yesterday, gold accelerated to rise by $3,149 per ounce and then plunged by nearly $50, barely holding the 3,100 mark. The high platform diving of gold on Tuesday originated from a sentence from Bessent. Bessent said that the tariffs announced on Wednesday will be the upper limit, and countries can take measures to seek to reduce tariffs later. On Wednesday, gold fluctuated around 3100-3135. The tariffs were implemented in the early morning. After a sharp drop in the early trading on Thursday, it quickly rose to around 3168, then was smashed to 3140, rebounded to 3162, and fell to 3142. The current rebound price is 3150. The market fluctuates rapidly.
On Tuesday, gold fell nearly $50 at one point, and the daily line closed with a negative line with upper and lower shadows. Is the bull market facing an end? We say that the bulls are facing an end, not because the daily line is negative, but based on the recent method for judging whether it has peaked or bottomed. "You can check the previous article"
Yesterday's opening price fell from 3114 to 3107.7 and started to rebound around 3135.5. After that, the price fell back to around 3110 and then rebounded to 3134. Then the price fell again to around 3110 and rebounded to 3134. In the last hour, the price dropped rapidly to the intraday low near 3105 and then quickly rose to 3142.4 and closed at 3131. In the evening, the price fluctuated and fell to the 3123 line, then quickly rose to the 3147 line, and then fell slightly around 3132 before rising again to the 3167.6 line.
After hitting a new high, gold plunged again, and fell back from the high of 3167. So far, the lowest point has reached around 3088.
Judging from the current hourly chart:
Currently, 3135-40 above is today's suppression point. If it cannot effectively break above 3140, then it is really possible that it will continue to touch the support near 3100, or even directly break the level to test the low near 3080. On the contrary, if it stands above 3140 again today, it will be very difficult to follow the market. It may continue to touch the high of 3150 and consolidate, or even directly rise to a new high again.
Assuming that gold rebounds to 3135 and encounters resistance, the two positions near 3100 and 2080 can be seen below.
618 is just near 3100, and the 100% position is near 3080.
Unless it stands above 3140 later, it may continue to maintain a high consolidation trend. Otherwise, as long as it is below 3135-40, it is very likely to plunge again later.
Just go short on the rebound! , pressure around 3116-24-30,
XAUUSD
GOLD
XAUUSD
Gold trend analysis
Gold rhythm Asian session rose, European session slightly retreated and rose, US session retreated and stabilized, then quickly pulled up the upper plate "The US session has broken the rule on the evening of April 1"
Open a new gold rhythm Asian session rose, European session fluctuated, and the US session bottomed out and then rebounded!
Weekend article, we said that for gold and US stocks, every day this week is a very critical day. On Thursday, the tariff news will be announced at 3 o'clock; on Friday, the United States will announce the US non-farm employment data for March, and Powell will speak on the same day.
On Monday, gold rose by $50. Yesterday, gold accelerated to rise by $3,149 per ounce and then plunged by nearly $50, barely holding the 3,100 mark. The high platform diving of gold on Tuesday originated from a sentence from Bessent. Bessent said that the tariffs announced on Wednesday will be the upper limit, and countries can take measures to seek to reduce tariffs later. On Wednesday, gold fluctuated around 3100-3135. The tariffs were implemented in the early morning. After a sharp drop in the early trading on Thursday, it quickly rose to around 3168, then was smashed to 3140, rebounded to 3162, and fell to 3142. The current rebound price is 3150. The market fluctuates rapidly.
On Tuesday, gold fell nearly $50 at one point, and the daily line closed with a negative line with upper and lower shadows. Is the bull market facing an end? We say that the bulls are facing an end, not because the daily line is negative, but based on the recent method for judging whether it has peaked or bottomed. "You can check the previous article"
Yesterday's opening price fell from 3114 to 3107.7 and started to rebound around 3135.5. After that, the price fell back to around 3110 and then rebounded to 3134. Then the price fell again to around 3110 and rebounded to 3134. In the last hour, the price dropped rapidly to the intraday low near 3105 and then quickly rose to 3142.4 and closed at 3131. In the evening, the price fluctuated and fell to the 3123 line, then quickly rose to the 3147 line, and then fell slightly around 3132 before rising again to the 3167.6 line.
After hitting a new high, gold plunged again, and fell back from the high of 3167. So far, the lowest point has reached around 3088.
Judging from the current hourly chart:
Currently, 3135-40 above is today's suppression point. If it cannot effectively break above 3140, then it is really possible that it will continue to touch the support near 3100, or even directly break the level to test the low near 3080. On the contrary, if it stands above 3140 again today, it will be very difficult to follow the market. It may continue to touch the high of 3150 and consolidate, or even directly rise to a new high again.
Assuming that gold rebounds to 3135 and encounters resistance, the two positions near 3100 and 2080 can be seen below.
618 is just near 3100, and the 100% position is near 3080.
Unless it stands above 3140 later, it may continue to maintain a high consolidation trend. Otherwise, as long as it is below 3135-40, it is very likely to plunge again later.
Just go short on the rebound! , pressure around 3116-24-30,
Continuously release precise trading plans to lead members to expand profits, with a stable profit of 988% every month. If you have not made a profit yet, then join us. t.me/fahsufnwks
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Continuously release precise trading plans to lead members to expand profits, with a stable profit of 988% every month. If you have not made a profit yet, then join us. t.me/fahsufnwks
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.