📌 Trading Plan for April 28, 2025: Gold (XAU/USD) Strategy 🧠📈
📊 Technical Analysis
Following the sharp drop in previous sessions, gold is now consolidating around the 3260–3270 support zone.
Price is moving within a tight triangle formation on the M15 timeframe, indicating compression ahead of a breakout.
The MA 13 – 34 – 200 still suggests a short-term bearish bias, but selling momentum has noticeably slowed down.
Expectation: gold may retest the 3299–3313 resistance zone before a stronger directional move.
🎯 Key Price Levels for Today
Immediate Resistance: 3299 – 3313
Major Support: 3260 – 3258 – 3239
🧩 Updated Trade Setup
🔵 BUY ZONE:
Entry: 3260 – 3258
Stop Loss (SL): 3254
Take Profit (TP): 3264 → 3268 → 3272 → 3276 → 3280
🔴 SELL ZONE: (after price retests resistance)
Entry: 3299 – 3301
Stop Loss (SL): 3306
Take Profit (TP): 3295 → 3290 → 3286 → 3282 → 3275
📢 Important Notes
Expected daily range: 60–80 pips.
No major economic news today, but stay alert for unexpected political headlines (especially from the US, China, India-Pakistan tensions).
Strictly follow TP/SL levels to protect your capital — avoid FOMO chasing after sharp intraday moves.
✅ Conclusion
Gold remains in a sensitive consolidation phase.
The best strategy today is buying at support and selling at resistance, only scaling in after clear confirmations!
💬 How are you planning to trade gold today? Share your views and setups below! 👇👇👇
📊 Technical Analysis
Following the sharp drop in previous sessions, gold is now consolidating around the 3260–3270 support zone.
Price is moving within a tight triangle formation on the M15 timeframe, indicating compression ahead of a breakout.
The MA 13 – 34 – 200 still suggests a short-term bearish bias, but selling momentum has noticeably slowed down.
Expectation: gold may retest the 3299–3313 resistance zone before a stronger directional move.
🎯 Key Price Levels for Today
Immediate Resistance: 3299 – 3313
Major Support: 3260 – 3258 – 3239
🧩 Updated Trade Setup
🔵 BUY ZONE:
Entry: 3260 – 3258
Stop Loss (SL): 3254
Take Profit (TP): 3264 → 3268 → 3272 → 3276 → 3280
🔴 SELL ZONE: (after price retests resistance)
Entry: 3299 – 3301
Stop Loss (SL): 3306
Take Profit (TP): 3295 → 3290 → 3286 → 3282 → 3275
📢 Important Notes
Expected daily range: 60–80 pips.
No major economic news today, but stay alert for unexpected political headlines (especially from the US, China, India-Pakistan tensions).
Strictly follow TP/SL levels to protect your capital — avoid FOMO chasing after sharp intraday moves.
✅ Conclusion
Gold remains in a sensitive consolidation phase.
The best strategy today is buying at support and selling at resistance, only scaling in after clear confirmations!
💬 How are you planning to trade gold today? Share your views and setups below! 👇👇👇
⚜️ Trade with Money Market Flow, logic, Price action 📉📈
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 to 15 Signals Vip
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 to 15 Signals Vip
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.
⚜️ Trade with Money Market Flow, logic, Price action 📉📈
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 to 15 Signals Vip
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 to 15 Signals Vip
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.