Gold Sees Technical Rebound, But Downtrend Remains IntactGold has seen a modest rebound from its lowest level in over a week, driven by dip-buying interest. However, the overall downtrend remains intact as risk appetite increases across markets, following a temporary trade and tariff agreement between the U.S. and China. This progress has reduced demand for gold as a safe-haven asset.
In addition, if the U.S. continues to release more positive updates on bilateral trade relations, downward pressure on gold is likely to persist — especially amid a stronger U.S. Dollar. As such, current rebounds are likely to be technical in nature, and investors should exercise caution with long positions.
🔮 Expected Short-Term Scenario
Gold (XAU/USD) may continue a technical recovery around the $3,275–$3,280 zone due to bottom-fishing activity. However, without a clear breakout, the broader trend remains bearish, driven by:
• Increasing risk-on sentiment
• Continued USD strength
🧭 Suggested Trading Strategy
• Short-term Sell in the zone: $3,275 – $3,280
• Short-term Buy in the zone: $3,205 – $3,210
• Always use tight stop-losses to mitigate risk from news-driven volatility.
💡 Short-Term Trade Setup
🔻 SELL XAU/USD at: $3,275 – $3,280
• 🎯 TP1: $3,265
• 🎯 TP2: $3,255
• 🚨 SL: $3,300
🔺 BUY XAU/USD at: $3,205 – $3,210
• 🎯 TP1: $3,215
• 🎯 TP2: $3,225
• 🚨 SL: $3,195
Goldinvesting
Gold rebound is a good time to shortGold has been in a volatile state since the opening today, opening at 3236 and reaching a high of 3243. It is currently fluctuating in the form of shocks. With the comprehensive ceasefire between India and Pakistan and the peace talks in the Sino-US tariff war, gold will still be in a downward trend. Although it is in a downward trend, we should not chase the short position directly. We can just treat the rebound as shorting. The main trend is still to short on the rebound. After all, the general trend is bearish.
In the 4-hour chart, the weak stage is oscillating downwards, and the resistance of the middle rail has moved down to the 3300 mark. At the same time, there is still a gap to be filled, and it is currently in shock above the neckline. There are two differentiated moves here. One is to go sideways and weakly consolidate and then directly break the neckline of 3200 and go for in-depth adjustments. The other is to rebound above 3200 to correct and build momentum, forming a wave of poised to break low. One is weak consolidation to break low, and the other is poised to break low. Overall, it is optimistic that the market will break through the low of 3200, but it reflects the various changes in the short-term form. The upper 3250-3260 range has gathered intensive trading resistance, forming short-term strong pressure. In short-term operation, first go short on rallies below 3260, and first look at the profit from this wave of correction! Next, we will look at the previous low support of 3200. If the position is broken, we will continue to see the downward continuation. If the position is not broken, we will place long orders on the backhand. At that time, we will choose the opportunity to lay out the long-term plan based on the support of 3200. On the whole, today's short-term operation strategy for gold is to short on rebounds and long on pullbacks. The upper short-term focus is on the 3248-3252 resistance line, and the lower short-term focus is on the 3200-3160 support line.
Gold operation suggestion: short gold near 3245-3255, target around 3220-3210. Gold will go long when it pulls back around 3210-3200, with the target around 3230-3250.
Gold is losing its shine as the US and China move closerGold price (XAU/USD) has dropped below $3,300 and is now trading around $3,275 in the Asian session on Monday, pressured by a stronger US Dollar and optimism from US-China trade talks. Both sides reported “substantial progress” after two days of negotiations in Switzerland, reducing safe-haven demand for gold. However, ongoing trade uncertainties and geopolitical tensions may still provide some support. While military activity between India and Pakistan has eased following a ceasefire, the risk of conflict remains.
🔮 Expected Short-Term Scenario:
This week, gold (XAU/USD) may continue to face downward pressure due to positive expectations surrounding the US-China trade process, which reduces demand for safe-haven assets. If the US releases more favorable trade details, risk sentiment could improve, causing capital to flow out of gold. A stronger US Dollar also adds pressure to the metal.
🧭 Suggested Trading Strategy:
• If the price rebounds to the $3,275–$3,300 zone but fails to break through, consider shorting with targets at $3,240 or $3,200.
• Conversely, if the price breaks above $3,300, wait for confirmation to open a long position.
💡 Short-Term Trade Scenarios:
SELL XAU/USD Zone: $3,275 – $3,295
• TP1: $3,240
• TP2: $3,200
🚨 SL: $3,310
BUY XAU/USD Zone: $3,305 – $3,315
• TP1: $3,325
• TP2: $3,350
🚨 SL: $3,290
[XAU/USD Analysis – 1H Timeframe] - as expectedAs predicted in the previous post, gold (XAU/USD) reacted precisely at the 3243 resistance zone — a strong supply area where our short-term SELL setup was triggered. Price then reversed and moved downward as expected.
At the moment, the trade plan remains unchanged. You can refer to the detailed setup in my previous post on my personal page. Here's the updated short-term strategy
💡 Short-Term Trade Scenarios:
SELL XAU/USD
📍 Entry Zone: 3240 – 3243
💰 Take Profit: 3235 – 3238
🚨 Stop Loss: 3245
BUY XAU/USD
📍 Entry Zone: 3219 – 3222
💰 Take Profit: 3224 – 3227
🚨 Stop Loss: 3214
The market is currently trading within a narrow range, so the short-term strategy is to “buy low – sell high” within this zone, with tight risk management. A clear breakout beyond 3245 or 3214 may require a reassessment of the trading strategy based on momentum and volume.
⏳ Note: This is a short-term analysis based on the 1H timeframe and is not intended for overnight holding unless supported by a clear setup.
Gold continues to trade sideways above the 3200 area
📌 Driving factors
The United States and China announced on Monday a 90-day suspension of tariff increases. According to statements made after the Geneva talks last weekend, the United States will reduce tariffs on Chinese imports from 145% to 30%, while China will reduce tariffs on US imports from 125% to 10%.
Meanwhile, on the geopolitical front, Russia and Ukraine are preparing for their first high-level face-to-face talks since 2022, scheduled to take place in Istanbul this week. The talks come as the international community is increasingly pressuring Moscow to accept a 30-day ceasefire. U.S. Secretary of State Marco Rubio and special envoys Steve Witkov and Keith Kellogg are expected to represent the United States in the talks.
Gold prices rebounded on Tuesday, driven by bargain hunting, while weaker-than-expected U.S. inflation data released that day also helped gold prices rise. However, trade optimism limited the strength of gold's rebound.
📊Comment Analysis
In the accumulation price zone, the gold price is sideways around 3200-3270, and the buyers and sellers are balanced
💰Strategy Package
🔥Selling gold area: 3282-3284 SL 3289
TP1: $3270
TP2: $3260
TP3: $3250
🔥Buying gold area: $3167-$3165 SL $3160
TP1: $3178
TP2: $3189
TP3: $3200!
Labaron believes
Guaranteeing the principal is the bottom line for survival, controlling risks is the armor for survival, earning profits is a stage medal, and long-term stable and continuous profits are the only proof that can finally stand up from the sea of corpses and blood.
Gold Sideways: A Short-Term Opportunity for Smart Traders⚙️ 1. Short-Term Trend
On the 1-hour timeframe, gold price is consolidating in a narrow range between $3,220 – $3,243 following a pullback from the recent peak at $3,265. Recent candlesticks suggest that selling pressure is weakening, but no clear reversal signal has appeared yet. The main trend remains slightly bearish within a tight channel, awaiting a breakout.
📍 2. Key Technical Levels
• Nearby Resistance:
o $3,230: A mid-session resistance level that has been tested multiple times but not yet convincingly broken.
o $3,243: Intraday high. A break above this level could trigger a move toward $3,265, with potential extension to $3,280.
• Key Support:
o $3,220: Minor intraday support, currently under repeated testing.
o $3,200: Strong support and a critical technical level. A breakdown below this level may lead to further decline toward $3,185 – $3,170.
📈 3. Technical Indicators
• EMA 50 & 200 (H1): Price is trading between the 50 and 200 EMAs, indicating consolidation and indecision before a breakout.
• RSI (14): Hovering around 45–50, suggesting slowing bearish momentum, but no clear sign of a bullish reversal.
💡 Short-Term Trade Scenarios:
SELL XAU/USD Zone : 3240 – 3243
💰 TP : 3235 – 3238
🚨 SL $3245
BUY XAU/USD Zone: 3219 – 3222
💰 TP : 3224 – 3227
🚨 SL $3214
⚠️ Trading Note
Volatility may spike if there is news from the Fed or new geopolitical developments.
Gold prices are expected to rise in the future!Market news:
On Wednesday (May 14) in the early Asian session, spot gold fluctuated in a narrow range and is currently trading around $3,240/ounce. After the plunge on Monday, the London gold price rebounded slightly. The influx of bargain hunting provided support for the international gold price. In addition, the US CPI in April was weaker than market expectations, the Fed's expectations for rate cuts cooled, the US dollar index fell from a one-month high, and geopolitical concerns provided momentum for the gold price to rise.International gold faces three key variables: first, the follow-up progress of the Sino-US trade negotiations. Although the two sides reached a 90-day truce agreement, the comprehensive tariff policy still exists; second, the direction of the Federal Reserve's monetary policy. The mild performance of inflation data may create conditions for rate cuts; finally, global geopolitical risks, especially the evolution of the Russia-Ukraine peace talks and the India-Pakistan conflict. There are relatively few economic data on this trading day. US Secretary of State Rubio will attend the informal meeting of NATO foreign ministers from May 14 to 16 to discuss NATO's security priorities, including increasing defense investment and ending the Russian-Ukrainian war. In addition, several Federal Reserve officials will give speeches, and investors need to pay attention!
Technical Review:
The gold daily chart closed sharply below 3207, and the price broke away from the MA10/7-day gold bottomed out and rebounded in the late trading. The daily line closed with a small positive K and closed above the 3250 mark. After the extremely weak decline in the US market, the trend turned strong in the early morning, forming a wide range of fluctuations around the 3220/3270 range. The daily MA10/7-day moving average of the daily chart opened and suppressed 3296/3310 downward. The short-term four-hour chart and the hourly chart moving average were glued together, and the hourly chart Bollinger band closed. It closed strongly above the 3250 mark in the early morning, and the Asian market needs to pay attention to the strength of the counterattack of buying. Today's trading ideas are still expected to fluctuate, sell at high prices and buy at low prices to participate in short-term layout.At present, gold selling is temporarily resting. The intraday gold surge and the sharp drop before the data also show the repetitiveness of market sentiment. However, in the future, some factors that are conducive to selling are gradually implemented. The Fed's interest rate cut will be put on the agenda again in the medium term. The medium-term favorable pattern for gold has not changed, so in terms of operation, you can wait for the retracement to continue buying and continue to be bullish on gold.
Today's analysis:
The monthly chart of gold is running in an upward trend, and the long-term trend is neutral and upward; the weekly chart is a high-level shooting star, and the medium-term trend is expected to fall; the daily chart fails to hit the previous high and runs downward, and the short-term trend is expected to fall; the intraday short-term breaks through the 3248 suppression and continues upward, and the short-term stop-loss pattern appears. So far, the market has been repeatedly sorted above the 3215 area, and the short-term selling slows down and shows signs of stopping the decline!Note that if the one-hour closing today breaks above the 3348 area, then be careful when selling, and there is a high probability that the market will bottom out and reverse, which means that a new round of swing buying will start! At that time, you can directly choose the opportunity to buy the bottom! For the current short-term gold, focus on the stabilization of the two supports of 3215-3225. Take 3200 as the turning point of the Fengshui Ridge, and keep it to continue to maintain the bottom shock or gradually rebound; once it breaks through 3270, the rebound will be strengthened to test the 3300 mark; if it breaks through 3300 and stabilizes, the downward adjustment will end and the trend will return to rise;
Operation ideas:
Buy short-term gold at 3227-3230, stop loss at 3228, target 3270-3290;
Short-term gold sell at 3265-3268, stop loss at 3277, target 3230-3210;
Key points:
First support level: 3225, second support level: 3215, third support level: 3200
First resistance level: 3260, second resistance level: 3278, third resistance level: 3300
XAU/USD(20250514) Today's AnalysisTechnical analysis:
Today's buying and selling boundaries:
3243
Support and resistance levels:
3292
3274
3262
3224
3212
3194
Trading strategy:
If the price breaks through 3262, consider buying, the first target price is 3274
If the price breaks through 3243, consider selling, the first target price is 3224
Gold fell and then rose to $3,250. Next trend?News summary:
After two days of negotiations in Geneva, China and the United States announced that they would reduce tariffs on each other in the next three months: the US tariff on Chinese imports would be reduced from 145% to 30%, and China's tariff on US goods would be reduced from 125% to 10%. This news pushed global stock markets up.
Boosted by the agreement, market risk appetite has increased, investors' concerns about the US recession have eased, and expectations for the Fed's aggressive rate cuts this year have also declined accordingly, which has pushed the US dollar to continue to strengthen, and gold, as a traditional safe-haven asset, has come under pressure.
Technical analysis:
Gold prices fell below the 21-day moving average on Monday, when the average was at $3,313, further increasing downside risks. The 14-day relative strength index also fell below the midline for the first time since early April, sending a bearish signal. Buyers are trying to regain control of the situation.
Traders need to pay attention to the release of US CPI data.
I think if the US CPI data is higher than expected, gold prices may start a new round of decline, with the target being $3,145 near the 50-day moving average. The important support level below is $3,100.
On the contrary, if the CPI data is lower than expected, gold prices are expected to re-enter the 21-day SMA, which is currently $3,311. Once this resistance is broken, it will test the trend line resistance at $3,430. If it breaks further, the trend will open up space for gold prices to hit the historical high of $3,500.
Gold 3200 Life and Death Battle!Gold stabilized after touching the support of the 3193-3202 rising trend line. Although the US market rebounded, it did not form an effective breakthrough. In the short term, it is still dominated by shorts.
Short-term strategy:
Before 3200 is broken, you can go long on dips. If it falls below, stop the loss decisively, and use a small stop loss to game the potential bull reversal. Whether the 3250 pressure is broken or not determines the short-term direction
CPI-Inflation Assessment, Gold Accumulation
📌 Drivers
In geopolitics, Indian Prime Minister Narendra Modi said on Monday that military action against Pakistan was only paused, warning that future actions would depend on Islamabad's position. Meanwhile, Ukrainian President Volodymyr Zelensky expressed his willingness to meet with Russian President Vladimir Putin later this week after U.S. President Donald Trump called on Zelensky to "immediately" accept an invitation to a peace summit in Turkey. These developments have heightened geopolitical risks, which could boost demand for safe-haven assets such as gold, thereby enhancing the appeal of gold amid continued global uncertainty.
📊Comment Analysis
CPI evaluates the inflation level of the US economy, and the price of gold continues to strive to maintain a price range of around 3200
💰Strategy Package
🔥Selling gold area: 3281-3283 SL 3288
TP1: $3270
TP2: $3260
TP3: $3250🔥
Buying gold area: $3176 - $3174 SL $3169
TP1: $3185
TP2: $3198
TP3: $3210⭐️
Labaron believes
Guaranteeing the principal is the bottom line for survival, controlling risks is the armor for survival, earning profits is a stage medal, and long-term stable and continuous profits are the only proof that can finally stand up from the sea of corpses and blood.
Gold turning point. What signals are hidden?Overall analysis of gold trend:
Gold prices suffered a setback under the influence of the optimism of tomorrow's US-China negotiations. The core reason for the decline in gold prices is the breakthrough in global tariff negotiations.
The key factor driving the rise in gold prices early on: Tariff concerns are significantly easing, which directly leads to the gold market entering a phased consolidation.
I think the price of gold will fluctuate in the range of US$3,000-3,300 per ounce for some time to come. This forecast range is significantly narrower than before, reflecting that in the current complex and changing market environment, gold price fluctuations will tend to be rational.
I think the gold price at this time is already at the crossroads of an important trend.
The current gold market is facing a fierce game between long and short factors. On the one hand, the optimism brought about by the easing of trade tensions suppresses gold prices; on the other hand, the safe-haven demand generated by economic uncertainty, potential spot shortages, and the continued inflow of ETF funds provide support for gold prices. This complex market environment makes the trend of gold prices full of variables.
For traders, it is more necessary to remain rational in the current market environment, pay attention to short-term price fluctuations, and grasp the long-term value of gold as a safe-haven asset. The next round of big market in the gold market may be nurtured in these seemingly contradictory market signals.
Operation strategy:
Traders need to try to adopt scalping trading strategies in the current small fluctuation range, enter the market in time, and take profits in time.
The current fluctuation range is between $3200 and $3245. You can try to short near the high point and long at the low point, so that you can reap a small profit.
If you are a large-capital customer who can withstand market fluctuations, you can hold the position and wait and see for part of the time, and then choose the appropriate time to close the position.
Tariff easing has just begun
📌 Driving factors
The historic easing of tariffs between China and the United States, the imminent peace talks between Russia and Ukraine, the ceasefire between India and Pakistan, and the market's pricing of geopolitical risks have obviously cooled down, which has further shrunk the demand for gold as a regional safe-haven tool. The situation in the Middle East is complicated, and it is necessary to monitor the latest developments in real time, focus on the latest developments in the follow-up news, and adjust strategies in real time.
📊Comment analysis
In the Asian session, gold is concerned about the upper resistance at $3,250 today. The rebound relies on the resistance below to continue shorting. The lower point is $3,207. If it falls below, it will be $3,150. For specific operations, please pay attention to the free channel.
💰Strategy Package
Long position:
Actively participate at 3200 points, with a profit target of around 3230 points
Short position:
Actively participate at around 3245 points, with a profit target of around 3220 points
Labaron believes
Guaranteeing the principal is the bottom line for survival, controlling risks is the armor for survival, earning profits is a stage medal, and long-term stable and continuous profits are the only proof of being able to stand up from the mountains of corpses and seas of blood.
Gold plunged. Will it rebound?Market Summary:
Gold prices suddenly saw a new round of selling in Asian markets on Monday, and the price of gold just fell to $3,210/ounce, reaching today's low, a drop of nearly $110.
Gold prices weakened at the beginning of the new week as the latest optimism about the US-China trade agreement continued to weaken demand for traditional safe-haven assets.
At the same time, positive signals from the US-China negotiations eased market concerns about a US recession. This, coupled with the Fed's hawkish comments, helped the dollar stabilize near multi-week highs and put pressure on gold. The gold price trend seems quite fragile. Gold prices fell and broke below the main bullish trend line in the short term, which sent a bearish signal, indicating that the trend may change.
I think the US-China trade agreement will have an impact on gold prices for a period of time.
Technical Analysis:
Gold's 4-hour level oscillation downward trend is relatively obvious, and the shape is a step downward. After the gold gapped down, there was a large gap. The gold rebound was unable to continue to fall. It is not easy to cover it in the short term. It will be covered in the process of the market. On the whole, for the short-term operation of gold today, Quide suggested that the rebound should be shorted as the main strategy, and the retracement should be long as the auxiliary strategy. The short-term trading should focus on the upward resistance of 3240-3250 US dollars, and the downward resistance should focus on the support position of 3200-3190 US dollars.
Today's operation strategy:
Operation strategy 1: Short the price when it rebounds to around 3245 US dollars, stop loss at 3260 US dollars, and take profit near 3210.
Operation strategy 2: Long the price when it falls back to 3210 US dollars, stop loss at 3200 US dollars, and take profit near 3240.
Will gold fall? Here comes the latest analysis.Technical analysis:
Gold fell rapidly in the morning and then bottomed out and rebounded. When the price broke through $3,324, it began to rise. The weak market will not rebound significantly. When the rebound that engulfed the decline appears, it will continue to rise. However, it should be noted that gold has been fluctuating at a high level for a week. It rose sharply on Monday and Tuesday, fell sharply on Wednesday and Thursday, and it is still fluctuating sharply today.
For the current trading market, I think the price of gold will continue to rise in the fluctuation. After the hourly cycle breaks through the $3,324 position, the market will gradually increase today, and there is room for further upward continuation. I think short-term trading is still mainly long; after the rebound high, you can choose a short strategy.
Action suggestions:
Long strategy: Go long at US$3330, stop loss at US$3320, and take profit at US$3360-3370.
Short strategy: short at $3,365, stop loss at $3,380, take profit at $3,300-3,310.
Gold long and short repeated operation
📌 Negative driving factors
Gold prices fell below $3,320/ounce on Thursday as the US-UK trade agreement improved risk appetite. Gold fell nearly 4% in two days as the US-UK agreement boosted risk appetite and demand for the US dollar.
📊Comment analysis
Gold fell directly at the opening of the Asian session today, and did not provide a good position for short selling. However, it rebounded and rose later, regaining its footing at 3,330. The short-term price fluctuated between long and short.
💰Strategy Package
🔥Sell Gold Zone: 3351-3353 SL 3358
TP1: $3340
TP2: $3330
TP3: $3320
🔥Buy Gold Zone: $3232 - $3234 SL $3227
TP1: $3245
TP2: $3260
TP3: $3270
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the capital account
- Stop loss is 1-3% of the capital account
Start buying goldTechnical aspects:
Gold has bottomed out and rebounded after a rapid decline today. It has now stood above 3330. When gold breaks above 3330, it has to some extent broken away from the technical repair structure and began to tend to a bullish pattern in terms of form. Although gold is currently under pressure in the 3350-3360 area, as the center of gravity of gold moves up, the support below has gradually moved up to the 3325-3315 area. So I think there is still room for gold to rise, and it may continue to rebound to the 3345-3365 area.
Trading strategy: Consider going long on gold in the 3330-3320 area, TP: 3345-3365
GOLD → sideways fluctuations. Will it break the resistance levelNews summary:
US President Trump announced a trade agreement with the UK, which raised hopes of reaching such an agreement with other countries, eased market tensions, suppressed gold's safe-haven buying, and the rise in the US dollar, US stocks and US bond yields also suppressed gold prices. US Treasury Secretary Bensont and Trade Representative Greer will talk with China's top economic officials in Switzerland in the near future.
Quaid reminds everyone that market concerns have not completely dissipated, and it is necessary to pay attention to the support of bargain hunting. The European Commission said earlier that if negotiations with Washington fail to cancel a series of tariffs imposed by US President Trump, the EU is considering taking countermeasures against US imports worth up to 95 billion euros. Close attention needs to be paid to news related to the international trade situation and changes in market sentiment during this trading day.
Support level analysis:
3310-3300 US dollars/ounce: 3300 US dollars is a psychological barrier and technical support for the confirmation of the previous price retracement. If it falls below 3300, it may fall to the 3280 US dollar area.
Resistance level analysis:
3360-3375 USD/ounce: Gold is currently above the convergence and oscillation range. 3360-3375 USD is the high pressure level of the previous day's box consolidation. If it breaks through this position strongly, the upward space will open up.
Technical analysis:
Gold is in a high-level oscillation and convergence range. The 4-hour MACD indicator shows that the short-selling momentum is weakening, but the hourly chart shows that the price is still constrained by the downward trend line. If gold prices stabilize at $3,300, it may trigger a rebound to $3,350-3,360; if it falls below $3,280, it may accelerate the downward trend. if it falls below 3280 USD, it may accelerate the downward trend.
Operation strategy:
Bull strategy: Long at 3315-3325 USD, stop loss at 3305 USD, target position at 3350-3360 USD.
Short strategy: short at $3365-3375, stop loss at $3380, target position at $3330-3300.
GOLD→Beware of market reversal? News is coming soon.At the end of the Asian session, the US dollar index was around 100.05. Gold rebounded after the plunge, and the current gold price is around $3,320/ounce.
Investors will see a large number of speeches by Fed officials, among which Williams' remarks are the most watched and are expected to trigger a big market trend.
Today's major news:
New York Fed President Williams will deliver a keynote speech at the 2025 Reykjavik Economic Conference. Later, Williams will speak at the Hoover Monetary Policy Conference.
I think if Williams makes hawkish remarks, it may push the dollar stronger, thereby suppressing gold prices.
Williams also serves as vice chairman of the Federal Open Market Committee and has permanent voting rights like the Fed governors.
In terms of monetary policy, Weems has the most say after Chairman Powell. Williams also served as chairman of the San Francisco Fed for nearly 7 years.
There are also several events taking place today: Fed Governor Kugler will speak on maximizing employment; North Richmond Fed President Barkin will participate in a fireside chat; Chicago Fed President Goolsbee will deliver a welcome and opening speech at a Fed event.
Gold price trend forecast:
I think its price may fall further to $3,200-3,100/ounce in the next few weeks.
I hope my analysis can help you, and I wish you good luck.
Gold price fell after a surge? Continue the downward trend?Analysis of gold market trend:
Gold price surged in the morning of Asian session, but then fell to around $3,315.
Market situation analysis shows that gold price continued the trend of yesterday in Asian time, rising rapidly in the morning, and then began to decline. It fell to $3,275 in the morning, and then rose to today's high of $3,330.
From the perspective of the gold hourly line, it began to rise after a brief decline in the morning of Asian session, effectively breaking through the resistance level of 3,315 and rising to a high of $3,330 for a short time. Then a downward trend appeared. This high-level fluctuation shows that the market is in a big wash and is brewing a new trend.
I think the downward space may be around $3,300.
Operation strategy:
Short around $3,320, stop loss at $3,330, and take profit at $3,300.
How to operate gold in the short term today
📌 Negative drivers
The trade peace talks have really entered a substantive period. Japan, the most active country, did not become the first country to sign the agreement. Instead, it was the United Kingdom and the United States, setting an example for everyone.
This also means that Europe, Japan, India, etc. will also enter the substantive stage, which will become a battlefield for Sino-US trade.
Gold, the surge since April, all came from the global trade war initiated by the United States, and the retracement node also fell because the trade war eased.
From the conclusion of the British and American talks this morning, more and more countries will sign, which will affect the rising rhythm of gold.
Divergence of geopolitical risk aversion: Although the escalation of the India-Pakistan conflict has boosted risk aversion demand, the market's expectations of the controllability of the conflict have weakened the risk aversion premium of gold. The current conflict has not yet reached the level of a full-scale war, and there is a risk of "dying in the light" in risk aversion demand.
📊Comment analysis
Short-term casual 20 US dollars +, follow the trend is very important, and follow the watershed.
The Asian session broke the low point of yesterday morning, and the tariffs also loosened for the first time. Don't go long.
💰Strategy Package
Gold price has continuously fallen below the moving average and has been falling all the way. How can we go long in such a market? Continue to stick to the high-altitude thinking. Now the 3320 line has become a pressure point. Below it, we insist on going short.
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
Gold prices pulled back. Will prices continue to fall?Latest news: Trump announced a trade deal with the UK, which boosted market risk appetite; coupled with a sharp rise in the US dollar and US bond yields, gold prices plummeted in the Asian morning trading session.
US President Trump and British Prime Minister Starmer announced a "breakthrough agreement" on trade, which made market traders predict that the United States would also reach such an agreement with other countries. This prediction has made market buyers lose motivation.
Quaid believes that if the United States and China reach an agreement, gold prices will face great resistance to rise, and gold prices should fall back to $3,200/ounce.
Market trading analysis:
The upward trend of gold paused and started a sharp decline.
As described by the RSI, buyers are losing momentum. This is not good for gold, and the price has now fallen below $3,300/ounce. Quaid believes that it will continue to fall and may fall to the cycle low of $3,202/ounce.
Short-term trading strategy:
Short at 3280, stop loss at 3290, and take profit at 3260.
Quaid believes that if the price of gold falls below the downward resistance level of 3275, you can continue to hold your position and choose the right time to trade.
Thinking and practical skills for winning in the 3360-3400 rangeAffected by the news, gold fell sharply at the opening. Successfully won. According to the trading strategy, we gave gold a wide range of fluctuations in the 3360-3400 range, which will not change much. It can be operated within the range during the day. The trading strategy analysis is accurate, and the key points are accurately grasped to enter the market, which brought us good returns during the day. The short-term rhythm is accurately grasped! Brothers who followed the trading plan should have also made very good profits. 🍻🍻🍻