Gold fluctuates at high levels, market analysisOn Thursday, as the Fed's speech pushed up expectations of rate cuts, the US dollar index fell back and eventually closed down 0.611% at 99.29. US Treasury yields fell, with the benchmark 10-year Treasury yield closing at 4.325%; the two-year Treasury yield, which is more sensitive to monetary policy, closed at 3.805%.
Boosted by the dollar's retreat and bargain hunting, spot gold rebounded sharply, reaching a high of 3367.32, and finally closed up 1.84% at 3348.73.
From a technical point of view, the daily line stood firmly above the 10-day moving average, which is an important reason for the current extremely strong unilateral trend of gold. For the time being, the daily mid-term Bollinger has not closed, and don't guess the top of the rise. Look at 3420 first, and then look at the gains and losses of 3500. If it breaks, don't guess the high. The performance of H4 mid-term is obvious. The bottom is above the lower Bollinger band and the 60-day moving average, and the Bollinger band is just closing. This is a very obvious performance of stopping the decline and bottoming out. Now the Bollinger band is closing. From 3260, it will take at least 3500 to the upper Bollinger band, so this range is very large. The band bullish trend has just begun, so just stick to the bullish trend on Friday. Since the direction is determined, intraday trading will wait for a pullback to go long. For the support below, pay attention to the vicinity of 3340, and continue to look at the 3370-3380 area above, and then focus on the 3300 mark; as for the upper resistance, pay attention to the 3386 area first.
Overall, the short-term operation strategy of gold today is recommended to focus on callbacks and longs, supplemented by rebounds and high-altitudes. The short-term focus on the upper side is 3370-3380 resistance, and the short-term focus on the lower side is 3330-3320 support.
Buy range: 3330-3328, SL: 3318, TP: 3350-3360
Sell range: 3368-3370, SL: 3380, TP: 3350-3340
Key points:
First support: 3330, second support: 3320, third support: 3310
First resistance: 3370, second resistance: 3380, third resistance: 3390
Commodities
Bearish Reversal in Play! | Key EMA Rejection & Support Targets🔍 Chart Analysis Summary
🕐 Timeframe: Likely a short-term (H1 or H4) chart.
📈 Asset: Most probably XAU/USD (Gold) or a similar asset.
🔴 Trend Breakdown
📍 Previous Trend:
✅ Strong bullish momentum 📈 pushing price into a resistance zone.
📍 Current Price Action:
🚨 Bearish rejection from resistance 🟥
Price got rejected exactly at the resistance zone (gray box) and the EMA 50 line 🔴 — a classic setup for a reversal ⚠️
📉 Key Technical Levels
🟦 Resistance Zone:
🔹 Between 3,385 – 3,400 USD
🧱 This zone rejected price strongly (see red candles)
📌 Also aligned with EMA 50 (3,400.837) — confluence adds strength 💪
🟩 Support Zones:
First Support Zone – ~3,285 📉
💙 In line with the EMA 200 (3,285.687)
🛡️ Might cause a temporary bounce 📈
Second Support Zone – ~3,240
📉 Marked as the deeper support in the bear case 🕳️
💥 If the first support breaks, this becomes the next target 🎯
📊 Indicator Insights
EMA 50 (🔴 Red): 3,400.837 – acting as dynamic resistance 😤
EMA 200 (🔵 Blue): 3,285.687 – acting as dynamic support 🛡️
📉 Price breaking below EMA 50 = first bearish sign
📉 Approaching EMA 200 = watch for either a bounce 🏀 or a breakdown 💥
🎯 Bearish Setup Forecast
📉 Here's what the arrows show (strategy logic):
📉 Breakdown below resistance → strong bearish move
🎯 Target 1: First support (EMA 200 / ~3,285)
🔄 Minor pullback possible (fake bounce 🪃)
💣 Continuation lower toward next support (~3,240)
📌 Critical Zone to Watch 🔍
⚫️ The circle marked “FOCUS ON THIS POINT” is key:
📌 Failed retest = confirmation of resistance
📌 Price rejected this level + closed below = strong bearish signal 🚨
🧠 Professional Insights
Element Observation Emoji
Trend Shift Bullish ➡️ Bearish reversal 🔄📉
Momentum Bearish pressure increasing 💨🟥
Risk Point Resistance near EMA 50 ⚠️🧱
Trade Idea Short toward supports 📉🎯
Confirmation Rejection candle after retest 🕯️🔁
Focus Level EMA confluence near resistance 🎯📌
🛠️ Possible Trade Plan (for educational purposes only)
Short Entry: Below 3,385 (after rejection 🔻)
Stop-Loss: Above 3,405 (above EMA 50 🛑)
Target 1: 3,285 🧲
Target 2: 3,240 📉
$BTC $GOLD Performance% Comparison Chart (Apr '24-Apr '25)Performance% Comparison Chart (Apr '24-Apr '25)...
CRYPTOCAP:BTC surges back, locking in a 42% gain alongside TVC:GOLD over a year! S&P 500 shows life, but #Oil is the big loser, taking the biggest hit with a brutal -26% decline. Let's watch the shifts! But where does the momentum go next?!🤔
CRYPTOCAP:BTC TVC:GOLD SP:SPX MARKETSCOM:OIL
Cheers!
Potential HSNot confirmed yet but I'm jumping in anyways. I bought some puts of GLD for May 23 strike 304. My SL triggers if the price breaks up the resistance shown and closes above in the daily timeframe. Might be some turbulence, bulls will try to push the price higher. too much noise in the political arena, but Gold is overbought and needs a healthy correction.
How to plan when gold falls into shock at nightIn terms of news, the recent "Beige Book" released by the Federal Reserve shows that U.S. companies are cautious about the outlook, employment growth has slowed in most regions, and demand in the service industry has shown weakness. At present, the gold price has been fluctuating around 3325. From a technical point of view, 4HMACD has experienced a top divergence. Although it has begun to close after the death cross, the short force still exists. The RSI indicator is currently hovering between 47-50, proving that the market overbought has been repaired, and both the long and short parties are playing a game. Therefore, our recent transactions require good risk management to cope with the current high volatility and high risk of the gold market. From a technical analysis point of view, focus on the suppression effect of 3340-3350 at the top, and focus on the support area of 3310-3300 at the bottom. If it falls below the 3300 line, we will further look towards the potential rebound turning point of 3280-3260.
If you agree with this point of view, or you have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
FX:XAUUSD FOREXCOM:XAUUSD CAPITALCOM:GOLD OANDA:XAUUSD
GOLD - WAVE 4 CORRECTION TO $2,800This video analysis is leading on from our long term target for $6,200 which I posted yesterday. We can see from the strong impulse move up, the entire bullish cycle is not complete yet & has more upside, AFTER a healthy correction.
Confluences👇
⭕️Wave 3 Peaked at Psychological Number of $2,500 (LQ Point).
⭕️Wave 4 & 5 Pending.
⭕️Overbought Market Conditions.
WTI crude about to resume lower?WTI formed a large bearish engulfing candle on its daily chart yesterday near the key $65 resistance level. Was that an indication that prices have ended their corrective bounce? Time will tell, but today's oil prices have bounced back. With the trade uncertainty in the background, demand concerns remain high.
So, I wouldn't be surprised if prices were to resume lower from here. The trend is clearly bearish with the moving averages all pointing lower, not to mention the lower highs and lower lows.
If the selling resumes, watch for possible bounces at the next key round handles like $62, $61 and $60. But there is always the possibility of a sweep below this month's earlier lows if macro concerns intensify.
Meanwhile, the bullish idea is off the table for me for now until we see some progress in US-China trade talks at least, or if prices show a major bullish reversal signal.
By Fawad Razaqzada, market analyst with FOREX.com
XAUUSD Sniper Plan – April 24, 2025🟡 XAUUSD Sniper Plan – April 24, 2025
Post-Claims Setup | No Bounce Nonsense. Just Zones That Hit.
🔻 SELL ZONES – Premium Rejections Only
SELL #1 – 3384–3392
📌 HTF Flip Zone + FVG + EMA100
SL: 3400 | TP1: 3355 | TP2: 3320 | TP3: 3288
SELL #2 – 3408–3416
📌 Imbalance Gap 3411 + OB + NY Spike
SL: 3425 | TP1: 3375 | TP2: 3345 | TP3: 3315
SELL #3 – 3448–3455
📌 HTF OB + Fibo Extension + Trap Risk
SL: 3465 | TP1: 3415 | TP2: 3380 | TP3: 3340
🟢 BUY ZONES – Real Demand Only
BUY #1 – 3310–3316
📌 CHoCH + M30 OB + RSI Divergence
SL: 3300 | TP1: 3340 | TP2: 3370 | TP3: 3390
BUY #2 – 3275–3285
📌 HTF Demand Base + Oversold RSI
SL: 3260 | TP1: 3310 | TP2: 3340 | TP3: 3370
🧠 STRUCTURE & BIAS
• HTF Bias: Bullish
• LTF Flow: Bearish until 3384–3392 breaks
• ⚠️ 3408–3416 = key for mitigation before any real breakout
• Target rejections first, not dreams
🎯 Plan ready. Zones set. Now it’s your turn, sniper.
🟡 If this breakdown helped clear the noise, hit that Like
💬 Got a bias or reentry zone of your own? Drop it below
📲 And don’t forget to Follow – we’re building gold logic, not fairy tales
Let’s dominate the session. One sniper entry at a time 💛
USD/JPY : Bull or Bear? Let's See! (READ THE CAPTION)Upon reviewing the USD/JPY chart on the daily timeframe, we observe that due to the sharp drop in the Dollar Index, the price has reached the 140.850 level. This decline was very strong and impulsive; however, as seen on the chart, the price has now approached a significant demand zone between 139.6 and 141. If the price manages to close and stabilize above this area, we can expect a further bullish move from this pair.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
SPY/QQQ Plan Your Trade for 4-24 : Carryover PatternToday's Carryover pattern suggests we'll see similar price action today to what we saw yesterday.
We will very likely see a little support in early trading today, followed by a moderate meltdown-type trend.
I'm not expecting much to happen today - but we could get some news or other data that may prompt some type of bigger move in the markets.
Yesterday evening, I shared an "Update" video with everyone. In that video, I highlighted some of my active trades.
I've gotten a few messages from followers asking if I can share more data related to my trades. I'm sorry, but that won't happen in these FREE Plan Your Trade videos.
I shared some of my trades yesterday to highlight how I had moved into a moderate Short/PUT position, trying to stay ahead of the bigger market trend.
In other words, I'm not chasing the nickels. I'm setup to try to profit from the DOLLARS.
Gold and Silver may stay somewhat muted over the next 48 hours. But, I do expect them to try to melt upward.
BTCUSD appears to be setting up a BULL TRAP. I, personally, don't trust this upward price move because it is counter to the EPP price structure. I could be wrong.
But right now, I just don't trust the upside move in BTCUSD, knowing the SPY/QQQ should move into a deeper MAJOR LOW in early May.
Again, these videos are designed to help you build your skills and find your own style of trading.
I really do hope all of you are benefiting from my continued work to deliver these videos.
GET SOME...
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
Gold Nears Key Decision Points in Short-Term TrendGold pulled back after testing the 3500 level. A reversal in rhetoric from former President Trump regarding China, along with some breathing room provided by Powell, eased market tensions. Reports indicate that meetings with executives from NYSE:TGT , NYSE:HD , and NYSE:WMT influenced Trump to reconsider his ultra-aggressive stance, as he recognized the imminent risks of inflation and potential supply chain disruptions that could begin within weeks. Additionally, rare earths could become a significant problem if a deal with China isn’t reached soon.
The 3500 level may now act as a major long-term top—provided the situation doesn't deteriorate further. Long-term topping signals for gold had already started to emerge; please refer to our earlier post for more details:
Short-Term Outlook
On the 15-minute chart, the downtrend has been broken. While geopolitical risks, particularly involving Ukraine and Russia remain elevated, gold may attempt to recover some lost ground. If the current corrective uptrend holds and 3350 is broken, a move toward slightly above 3400 could begin. However, if gold drops below 3325, there is a risk of another round of profit-taking and renewed selling pressure.
GOLD: Next Move Is Up! Long!
My dear friends,
Today we will analyse GOLD together☺️
The recent price action suggests a shift in mid-term momentum. A break above the current local range around 3,340.22 will confirm the new direction upwards with the target being the next key level of 3,370.89 and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
Gold shows a bearish gapThe daily chart of gold shows a clear gap after the price peaked around $3,495/ounce. This is a warning sign of a reversal when strong selling pressure causes the opening price to be significantly lower than the closing price of the previous session. This gap often reflects distribution pressure from big players, especially in the context of gold having just experienced a hot rally.
In addition, the long red candle appearing right after the gap shows decisive selling pressure, pushing the price down to the $3,310/ounce area. Currently, although gold has slightly recovered to around $3,340, the short-term trend is leaning towards a correction as fundamental news continues to put downward pressure on prices.
President Trump's conciliatory statement on US-China trade and expectations of tariff reduction have significantly improved risk sentiment in the market. Strong money flows into stocks, causing gold to lose its safe-haven role. At the same time, the wave of profit-taking after the peak is also the main reason why gold "evaporated" tens of USD in just 24 hours.
Technically, if gold does not soon fill the GAP around the $3,390–$3,420 area, the correction trend will likely continue to expand to the EMA34 support area around the $3,200–$3,250 mark. A more positive scenario will only be triggered if gold regains the GAP and closes above $3,430.
In the current context, investors need to be cautious, prioritizing the strategy of waiting to sell when recovering to the resistance area, especially the area around the unfilled GAP.
SILVER: Target Is Down! Short!
My dear friends,
Today we will analyse SILVER together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding below a key level of 33.442 So a bearish continuation seems plausible, targeting the next low. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
XAUUSD: 24/4 Today’s Market Analysis and StrategyGold technical analysis
The resistance level of the four-hour chart is 3400, and the support level is 3300
The resistance level of the one-hour chart is 3370-80, and the support level is 3310
The resistance level of the 30-minute chart is 3350, and the support level is 3325.
The recent market has been running up and down by more than 100 dollars every day. It is difficult to say where the resistance and support are. There are more news data in the NY market opening today, so the market volatility is expected to be large. It is recommended to follow the trend and wait for the breakthrough of resistance and support before entering.
The current price of 3338 is in the rebound repair stage after oversold. If it stands firm at 3300, it may test the resistance area of 3350-3370; if it falls below 3289, it is necessary to be alert to the pullback to the support area of 3250-3270.
Trading strategy:
1. After breaking through 3350, it may continue to rise below 3370-3380
2. Sell after being blocked in the 3370-3380 range.
3. After breaking below 3290, you can follow the sell and may continue to test the support area of 3260-3245
Next Move?? Read CaptionHello my mates, I hope you are doing well and you have good days.
As you can see gold has touched almost 3500 last time and fallen, Gold was flying due to tariff. now the current price is 3337 and I expect that if gold breaks the 3368 gold can make another ATH and if gold breaks 3314 next move will be 3248.
What do you think about it??
Kindly share your ideas in comment section.
Crude oil---sell near 64.00, target 63.00-62.00Crude oil market analysis:
Recently, crude oil has been running up. Yesterday, the daily line had a technical retracement under the pressure of 65.00. Today, we are still bearish. Let's continue to sell when it rebounds. There is still a lot of room for crude oil to fall. Today's crude oil rebounded near 64.00 and sold. If it breaks below 60.00, it will open up a new space for a big drop. The recent data and fundamentals of crude oil are suppressing it. Buy today and expect a big rebound.
Operational suggestions:
Crude oil---sell near 64.00, target 63.00-62.00
EUR/USD: Possible Fall Ahead? Let's See! (READ THE CAPTION)Upon reviewing the EUR/USD chart on the 3-day timeframe, we can see that following a sharp decline in the Dollar Index (DXY), the pair experienced a bullish move, reaching the 1.15 supply zone. If the price manages to stabilize and close below the 1.15–1.17 area, we can anticipate a further drop in EUR/USD to fill the created Liquidity Void (LV). This analysis will be updated accordingly.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban