Trump Sparks Volatility, Gold Dips – Trend Still Uncertain
Gold surged yesterday as the US dollar weakened sharply following President Trump's remarks suggesting a possible replacement of the Fed Chair.
However, a follow-up clarification from the White House helped stabilise the market, with gold retracing some of its earlier gains.
📊 Technical Outlook
Price saw a sharp reaction at the H4 trendline around 3377.65, signalling continued uncertainty and a broad sideways structure.
On the H1–H4 timeframes, gold remains above the EMA 34, 89, and 200, indicating a buy-the-dip strategy is still valid.
Volume Profile highlights a high-liquidity zone near 3347.5, which is likely to attract significant price action.
📌 Trading Plan for Today
✅ Buy Zone:
3326 – 3323
→ SL: 3319
→ TP: 3334 – 3347 – 3370
⚠️ Sell Zone (Only active if Buy orders are not triggered):
3347 – 3350
→ SL: 3353
→ TP: around 3340 – 3330
💡 Conclusion
Gold remains in a choppy sideways phase with no confirmed directional bias.
Preferred strategy: look to buy on pullbacks, especially around the 3347.5 liquidity area.
#goldanalysis #XAUUSD #technicalanalysis #priceaction #Trump #FederalReserve #tradingstrategy #UKtraders #goldtrading #copytrading #EMAstrategy #volumeprofile #macroview #marketupdate
Gold surged yesterday as the US dollar weakened sharply following President Trump's remarks suggesting a possible replacement of the Fed Chair.
However, a follow-up clarification from the White House helped stabilise the market, with gold retracing some of its earlier gains.
📊 Technical Outlook
Price saw a sharp reaction at the H4 trendline around 3377.65, signalling continued uncertainty and a broad sideways structure.
On the H1–H4 timeframes, gold remains above the EMA 34, 89, and 200, indicating a buy-the-dip strategy is still valid.
Volume Profile highlights a high-liquidity zone near 3347.5, which is likely to attract significant price action.
📌 Trading Plan for Today
✅ Buy Zone:
3326 – 3323
→ SL: 3319
→ TP: 3334 – 3347 – 3370
⚠️ Sell Zone (Only active if Buy orders are not triggered):
3347 – 3350
→ SL: 3353
→ TP: around 3340 – 3330
💡 Conclusion
Gold remains in a choppy sideways phase with no confirmed directional bias.
Preferred strategy: look to buy on pullbacks, especially around the 3347.5 liquidity area.
#goldanalysis #XAUUSD #technicalanalysis #priceaction #Trump #FederalReserve #tradingstrategy #UKtraders #goldtrading #copytrading #EMAstrategy #volumeprofile #macroview #marketupdate
Trade active
Outstanding execution today – both Buy signals delivered solid profits, with a total gain of 170 pips so far.Trade closed: target reached
Brilliant Buy Zone – Current Profit: 260 PIPS!Note
Buy signal hit full TP – total profit of 400 pips secured!
👑 Price Action - Simple Trade System - One Shot One Kill Style
🔥 Get Real - Time (3-4 Free Call Daily) Trading Signals Here: t.me/+ECLXdyR7Q4YyM2Rl
🔥 Get Real - Time (3-4 Free Call Daily) Trading Signals Here: t.me/+ECLXdyR7Q4YyM2Rl
Related publications
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.
👑 Price Action - Simple Trade System - One Shot One Kill Style
🔥 Get Real - Time (3-4 Free Call Daily) Trading Signals Here: t.me/+ECLXdyR7Q4YyM2Rl
🔥 Get Real - Time (3-4 Free Call Daily) Trading Signals Here: t.me/+ECLXdyR7Q4YyM2Rl
Related publications
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.