Technical analysis and operation strategy of the gold market (April 7, 2025)
I. Core analysis of technical aspects
The weekly level presents a "dark cloud cover" pattern combination:
The weekly price closed at US$3168.50/ounce (+1.2%), forming a medium-sized negative line with volume (the length of the entity reached 1.8%)
The length of the upper shadow line reached 3.2%, forming a typical "shooting star" pattern feature
The trading volume increased by 47% compared with the previous week, forming a phased top area volume-price divergence pattern
The daily level completed the "island reversal" structure:
Four consecutive negative lines formed a "short arrangement" combination
The trading volume showed a "decreasing shrinkage" feature (the average daily trading volume shrank by 23%)
The price fell below the lower track of the rising channel (US$3076) and the 20-day moving average support.
2. Analysis of key points
Support system:
Short-term support: $2972 (Fibonacci 50% retracement level)
Strong support band: $2956-2938 range (previous intensive trading area)
Technical stop loss: $2920 (200-day moving average support)
Pressure structure:
Short-term pressure: $3055 (60-minute Bollinger band middle track)
Key resistance: $3076 (previous wave peak neckline)
Strategic pressure: $3168 (high point of the year).
3. Trend outlook
Short-term trend:
30-minute MACD indicator bottom divergence triggers technical pullback
Rebound target first looks at $3055 (golden ratio 38.2%)
Breakthrough will test $3076 (downward trend line suppression).
Medium-term outlook:
If it effectively falls below $2956, the target is $2880 (golden ratio 61.8%)
We need to be wary of the suppression brought by the rebound of the US dollar index (DXY breaks through 103.50).
IV. Operation strategy
Short strategy:
Entry range: $3070-3075 (60-minute K-line double top neckline)
Stop loss setting: $3080 (above the intraday high)
Target price: The first target is $3055 (lower Bollinger band), and the second target is $3020 (Fibonacci 61.8%).
Risk control:
Recommended position: no more than 15% of total funds
Dynamic stop profit: move up the stop loss by $15 for every $50 drop
Hedging plan: buy December gold call options (strike price 3080) at the same time
Response to special situations:
If it breaks through $3076, wait and see for the $3105 (Fibonacci 23.6%) stress test
If it quickly breaks through $2956, you can grab the rebound with a light position near $2930
Note: This strategy is based on the current market structure, and actual operations need to be dynamically adjusted in combination with real-time volatility (VIX) and the Fed's policy trends. It is recommended to adopt the "batch position building + rolling stop profit" strategy to strictly control leverage risk.
XAUUSD GOLD XAUUSD GOLD
I. Core analysis of technical aspects
The weekly level presents a "dark cloud cover" pattern combination:
The weekly price closed at US$3168.50/ounce (+1.2%), forming a medium-sized negative line with volume (the length of the entity reached 1.8%)
The length of the upper shadow line reached 3.2%, forming a typical "shooting star" pattern feature
The trading volume increased by 47% compared with the previous week, forming a phased top area volume-price divergence pattern
The daily level completed the "island reversal" structure:
Four consecutive negative lines formed a "short arrangement" combination
The trading volume showed a "decreasing shrinkage" feature (the average daily trading volume shrank by 23%)
The price fell below the lower track of the rising channel (US$3076) and the 20-day moving average support.
2. Analysis of key points
Support system:
Short-term support: $2972 (Fibonacci 50% retracement level)
Strong support band: $2956-2938 range (previous intensive trading area)
Technical stop loss: $2920 (200-day moving average support)
Pressure structure:
Short-term pressure: $3055 (60-minute Bollinger band middle track)
Key resistance: $3076 (previous wave peak neckline)
Strategic pressure: $3168 (high point of the year).
3. Trend outlook
Short-term trend:
30-minute MACD indicator bottom divergence triggers technical pullback
Rebound target first looks at $3055 (golden ratio 38.2%)
Breakthrough will test $3076 (downward trend line suppression).
Medium-term outlook:
If it effectively falls below $2956, the target is $2880 (golden ratio 61.8%)
We need to be wary of the suppression brought by the rebound of the US dollar index (DXY breaks through 103.50).
IV. Operation strategy
Short strategy:
Entry range: $3070-3075 (60-minute K-line double top neckline)
Stop loss setting: $3080 (above the intraday high)
Target price: The first target is $3055 (lower Bollinger band), and the second target is $3020 (Fibonacci 61.8%).
Risk control:
Recommended position: no more than 15% of total funds
Dynamic stop profit: move up the stop loss by $15 for every $50 drop
Hedging plan: buy December gold call options (strike price 3080) at the same time
Response to special situations:
If it breaks through $3076, wait and see for the $3105 (Fibonacci 23.6%) stress test
If it quickly breaks through $2956, you can grab the rebound with a light position near $2930
Note: This strategy is based on the current market structure, and actual operations need to be dynamically adjusted in combination with real-time volatility (VIX) and the Fed's policy trends. It is recommended to adopt the "batch position building + rolling stop profit" strategy to strictly control leverage risk.
XAUUSD GOLD XAUUSD GOLD 
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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.