Gold (XAU/USD) Technical Analysis – April 4, 2025 🏆
🔹 Current Price: 3,104.660
🔹 Timeframe: 15M
📌 Key Support Levels (Demand Zones):
🟢 3076 – 3079 – Minor Support
🟢 3062 – 3065 – Best Buying Area
🟢 3053 – 3055 – Strong Support Zone
📌 Key Resistance Levels (Supply Zones):
🔴 3144 – 3147 – Best Selling Area
📈 Bullish Scenario:
Gold is consolidating and could push higher if it breaks key resistance levels.
A breakout above 3,144 may signal a move towards higher price targets.
📉 Bearish Scenario:
If Gold fails to hold above 3,100, a pullback toward the 3062 – 3055 demand zone may present buying opportunities.
⚡ Trading Tip:
✅ Look for bullish confirmation near demand zones before entering long positions.
✅ Watch for price action and rejection near 3144 – 3147 for possible reversal trades.
✅ Apply proper risk management with stop losses.
#FXFOREVER #XAUUSD #Gold #TechnicalAnalysis #SmartMoney #PriceAction #Trading
🔹 Current Price: 3,104.660
🔹 Timeframe: 15M
📌 Key Support Levels (Demand Zones):
🟢 3076 – 3079 – Minor Support
🟢 3062 – 3065 – Best Buying Area
🟢 3053 – 3055 – Strong Support Zone
📌 Key Resistance Levels (Supply Zones):
🔴 3144 – 3147 – Best Selling Area
📈 Bullish Scenario:
Gold is consolidating and could push higher if it breaks key resistance levels.
A breakout above 3,144 may signal a move towards higher price targets.
📉 Bearish Scenario:
If Gold fails to hold above 3,100, a pullback toward the 3062 – 3055 demand zone may present buying opportunities.
⚡ Trading Tip:
✅ Look for bullish confirmation near demand zones before entering long positions.
✅ Watch for price action and rejection near 3144 – 3147 for possible reversal trades.
✅ Apply proper risk management with stop losses.
#FXFOREVER #XAUUSD #Gold #TechnicalAnalysis #SmartMoney #PriceAction #Trading
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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.
fxforever
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.