Gold Spot / U.S. Dollar
Long
Updated

Gold Kicks Off April with a New ATH – Bulls Remain in Control

127
Gold continued its explosive rally during the early Asian session today, printing yet another All-Time High (ATH) after retesting the 3,12x zone overnight.

The U.S. stock market reversed sharply higher in the New York session, and if this bullish momentum continues, gold could see a short-term pullback near current resistance before heading higher again.
However, if equities fail to hold and roll over, gold may push further into uncharted territory, eyeing extended targets around 315x – 317x.

📰 Macro Focus:
Investors seem to have interpreted Trump’s latest trade stance as more "measured" than previously feared.
In his latest comments, he signaled that “tariffs may play a smaller role in the overall economic strategy.”

This has calmed markets slightly but hasn’t slowed down the gold rush.

📈 Price Action & Outlook:
With current momentum and sentiment, gold still looks likely to print fresh ATHs this week.
The next major upside target sits around 316x – 318x, where we may finally see a significant pullback as FOMO cools down.

For now, watch the 312x – 311x zones for potential short setups at local resistance — as marked in AD’s key levels.

🧭 Key Technical Levels:
🔻 Support: 3133 – 3122 – 3111 – 3100
🔺 Resistance: 3158 – 3166 – 3172 – 3180

🎯 Trade Zones:
🟢 BUY ZONE: 3122 – 3120
SL: 3116
TP: 3126 – 3130 – 3134 – 3138 – 3142 – 3146 – 3150

🔴 SELL ZONE: 3170 – 3172
SL: 3176
TP: 3166 – 3162 – 3158 – 3152 – 3148 – 3144 – 3140

📊 What to Watch Today:
Investors will be closely watching ISM Manufacturing PMI and JOLTS Job Openings during the US session — expect volatility spikes.

As gold hovers near new ATHs, stay disciplined:
✅ Respect SL/TP
✅ Manage risk according to your account size
✅ Don’t get caught up in emotional trades

Wishing you a powerful and profitable start to the new month. Let’s flow smart.
— AD | Money Market Flow
Trade active
🟡 US Session Update – April 1st
Macro data just dropped - both weaker than expected:

📉 ISM Manufacturing PMI: 49.0 vs 49.5 forecast
📉 JOLTS Job Openings: 7.57M vs 7.69M forecast

➡️ Signs of cooling in the U.S. economy — could limit further upside for USD in the short term.

🎯 GOLD Trading Plan – US Session
🔴 SELL ZONE: 3141 – 3143
SL: 3147
TP: 3136 – 3132 – 3128 – 3124 – 3120

🟢 BUY ZONE: 3122 – 3120
SL: 3116
TP: 3126 – 3130 – 3134 – 3138 – 3142

📌 Watch for price reaction at 314x — and don’t chase. Let the setup come to you.

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.