Get started

Goldinvesting

Gold is still weak, rebound can still be shortedThe 1-hour moving average of gold still continues to cross downwards, and the strength of gold shorts has not weakened; gold rebounds are still mainly short selling. Although gold rose after covering the gap for one hour, the upper shadow line soon fell. Gold is still weak overall, and gold is under pressure near 3050 in the short term. Trading idea: short gold near 3042, stop loss 3052, target 3022 The above is purely a sharing of personal opinions and does not constitute trading advice. Investments are risky and you are responsible for your profits and losses.
TVC:GOLDShort
by Fortune-signal
Crude oil------sell near 62.20, target 60.00-58.00Crude oil market analysis: Trump's tariff policy has greatly stimulated crude oil, causing it to plunge all the way. At present, it has fallen to the bottom of the previous plunge again. We estimate that there will be a small counterattack at this position. The rebound is our opportunity to sell again. The idea of ​​crude oil follows the general direction. Pay attention to the suppression near 62.20. The daily line shape shows that it will go down. Operational suggestions Crude oil------sell near 62.20, target 60.00-58.00
NYMEX:CL1!Short
by BraveTigercat
4.7 Interpretation of gold short-term operation ideas! US market4.7 Interpretation of gold late trading operation ideas: Falling more than 70 points in the morning, it quickly rebounded and reversed! How will gold evolve tonight? This V-reversal market frequently appears in these three trading days. It is difficult for us to encounter it once or twice a month. This increases the risk of trading. Once you make a mistake, it will be a reversal of dozens of points! When trading, you must strictly use the "stop loss". We note that the three V-reversals in this stage have common characteristics. The stop in the last trading intensive period means that "3130" can be used as a reference for stage support and pressure. Then these three are: 3130, 3050, 2970---2980 The decline caused by the backlog of sell orders and insufficient liquidity! For gold, it will cause multiple stimulations, panic selling, and funds leaving the market for a short time to avoid risks. Selling gold to fill the gap in other markets and many other factors, and the central banks around the world that intend to reserve gold will not wait! They will still buy strategically, so the trend determines that the decline is limited. 2880 and 2630 are the two main observation positions. After the small-cycle funds rebounded in the morning, the market entered a triangular consolidation state, the highs were gradually decreasing, and the lows were flattening. This is an obvious sign of market wait-and-see sentiment. The probability of a V-reversal phase or a continuous unilateral trend in the evening increased! If you follow this logic, gold should be under pressure around 3035-3038 during the rebound phase of 16-18 points! And then continue to fall. Of course, if the EU further expresses its tariffs! It may cause the short-term volatility of the market to intensify! Any unilateral trend needs to be confirmed in the US market. In the evening, whether it is a V-reversal from north to south or a continuation of the Asian and European market, it is normal. The overall framework will not deviate from the framework of 3130, 3050, 2980! We will update regularly every day to introduce to you how we manage active ideas and settings. Thank you for your likes, comments and attention. Thank you very much
TVC:GOLD
by AIan_Gold
1
Explosive gold prices!【Market News】 On Monday (April 7), spot gold continued to fall in the Asian market, once losing the 3,000 integer mark, and refreshed the low since March 13 to $2,976/ounce. As concerns about international trade intensified, US stock index futures continued to plummet, and Japanese, Australian and New Zealand stock markets also followed the decline. Investors continued to sell gold to make up for their losses in the broader market collapse. Last Friday, European and American stock markets plummeted, and investors had already sold gold at that time, causing spot gold to plummet by 2.47% last Friday! After the plunge on Thursday and Friday, global markets fell further on Monday, and may have the worst three-day plunge in history. Investors who had been expecting some kind of reversal in tariff policy throughout the weekend realized that this was impossible, so they sold all kinds of assets after the opening of Monday. It should be reminded that investors still need to pay attention to the support of bargain hunting and safe-haven buying in London gold prices. Driven by strong central bank purchases and its overall appeal as a safe hedge against economic and geopolitical uncertainties, international gold has still risen by more than 13% this year. After the dramatic events surrounding US tariffs, the US schedule this week is relatively dull. The most important events are the release of the Fed's March meeting minutes on Wednesday, the release of US CPI and weekly unemployment benefits on Thursday, and the subsequent US PPI, University of Michigan consumer confidence and inflation expectations. Technical Review: The tariff policy has been implemented. Buy the expectation and sell the fact. Gold was sold off on Friday. Gold is under pressure from the upper track of the rising trend line channel at 3160/65. The current correction is gradually approaching the lower track of the rising channel line at 2980/70. The daily line closed with a big negative structure. The New York closing broke through the MA10 daily moving average at 3070. The RSI indicator continued to be overbought at a high level of 80 values ​​in the early stage, and then turned down and fell back to the 50-value central axis!The weekly RSI indicator turned downward and the price lost the MA5-day moving average in the early trading. The short-term four-hour chart MA10/7-day moving average high 3125 dead cross remains open downward, currently moving down to 3063/75, the RSI indicator runs below the middle axis, and the hourly and four-hour chart Bollinger bands open downward. In the early trading, gold continued to fluctuate downward in a weak bearish trend. The trading idea at the beginning of the week continued to be mainly high-altitude, with low-long auxiliary cooperation. Today's analysis: Gold once again opened a dramatic crazy mode last Friday, with buying and selling back and forth, large fluctuations, and finally selling was slightly better. The daily line closed in the long Yinxian form of upper and lower leads, which can be said to be an eye-opener for the market. With the increase in the base of gold prices, large fluctuations are also commonplace. The large fluctuations in the last second and the next second make the market uneasy. In the face of the sharp decline last Friday, gold may continue to maintain a downward trend in the later period, and the short-term bottom position below will be maintained at the 3000 integer level! This position is also the bottom and starting point of the previous period. There is a high possibility of a pullback, while the upper pressure is maintained near the top and bottom conversion of 3054-57, which is also the top position of the last big Yinxian last Friday. This position will be an ideal short-selling point on Monday. Once the pressure is effective, it may still fall again in the later period. The 1-hour moving average of gold has formed a dead cross downward, so there is still motivation for selling gold. The short-term trend of gold can only be a rebound. After the rebound, gold will continue to sell, and then gold will enter a shock. After the high-level plunge of gold, it is more advantageous to sell in the short term. Unless there is a big profit to buy, it is difficult for gold to rise directly. The last physical K-line box of gold in the 1 hour will form a short-term suppression. The resistance of gold rebound is 3054. If it is under pressure, then gold will continue to sell at highs after the rebound. Operation ideas: Short-term gold 2983-2985 buy, stop loss 2974, target 3010-3030; Short-term gold 3051-3054 sell, stop loss 3063, target 3000-3010; Key points: First support level: 3000, second support level: 2990, third support level: 2976 First resistance level: 3040, second resistance level: 3054, third resistance level: 3068
OANDA:XAUUSDShort
by BraveTigercat
4.7 Gold short-term operation technical strategyLast week, gold and Dow Jones started to plummet across the board, and the short-selling of the band was a carnival. First of all, our initial short-selling target of 38,500 under the Dow Jones 45,000 has been completed. The only key support is the 36,300 line, and gold has also fallen to the 2970 line. There is no bottom at present, but there is a rebound in the key support level, so don't chase the low in the morning! From the closing point of view, the weekly line finally closed with a long upper shadow line and a quasi-inverted hammer pattern. After the end of this pattern, the market has been in the short stage this week. The intraday rebound is still mainly high-altitude. The market has a large amplitude, and the small stop loss has lost its meaning. At this time, the entry position is very important. In terms of points, the intraday rebound 3045-55 area continues to be high-altitude. Short-term support: 3038, 3018, 2980, 2960 Do a good job of pushing the position protection! ! !
TVC:GOLD
by AIan_Gold
1
XAU/USD(20250407) Today's AnalysisMarket news: Fed Chairman Powell: Wait for clearer news before considering adjusting policy stance. One year later, as the impact of Trump's policies becomes clearer, uncertainty should be greatly reduced. Intends to complete the entire term. Potential tariffs may have a lasting impact on inflation. The impact of tariffs on the economy may be greater than expected. Downside risks have increased, but the economy is still in good shape. Technical analysis: Today's buying and selling boundaries: 3063 Support and resistance levels: 3183 3138 3109 3017 2988 2943 Trading strategy: If the price breaks through 3017, consider buying, the first target price is 3063 If the price breaks through 2988, consider selling, the first target price is 2943
OANDA:XAUUSDShort
by BraveTigercat
4.7 Gold opened lower and continued to fall!!!Gold fell sharply again at the opening of the morning session. The root cause is that the United States imposed tariffs on many countries and the countermeasures of various countries have triggered panic in the global financial market. The U.S. stock market fell sharply and the U.S. dollar index fluctuated. This macroeconomic uncertainty has increased the safe-haven demand for gold, but the liquidity problems caused by market panic may cause investors to sell gold in exchange for cash, so it will suppress the price of gold. The overall market sentiment is relatively complex, and the long-short game is fierce. From the disk, gold has gradually turned short! In the current situation, don’t expect gold to rise sharply in a short period of time to form a rebound. The gold content of following the trend is still rising. We will go short in the morning when we wait for a rebound! The upper pressure level focuses on the closing price of 3036 last week, and the further pressure level is the top and bottom conversion level of 3054! You can ambush and short near 3050 in the morning! The falling market is all the way down, don’t blindly guess the bottom! Specific strategy Gold 3050 short, stop loss 3056, target 3000
TVC:GOLDShort
by AIan_Gold
1
Analysis of gold price trend next week!Market news: This week, the international gold price staged a "roller coaster" market. Spot gold continued to rise from Monday to Thursday, and on Thursday (April 3), it hit a record high of $3,167/ounce, but on Friday (April 4), it plummeted by more than $75 in a single day, falling to a low of $3,015, a drop of 2.44%, and finally closed at $3,038/ounce, narrowing the weekly increase to 1.2%. Precious metals such as silver and platinum fell simultaneously, among which spot silver fell by 7.2% in a single week, the worst performance since September 2020.      This sharp fluctuation stems from two key events: Trump's tariff policy has caused global concerns to heat up, and Federal Reserve Chairman Powell's unexpected turn to hawkish monetary policy. The market liquidity crisis caused investors to sell gold to make up for stock market losses, and the US dollar index strengthened by 0.9%, further suppressing international gold prices. The better-than-expected non-farm payrolls report released by the United States on Friday was another reason for the blow to gold prices. The U.S. Department of Labor reported that after seasonal adjustment, non-farm payrolls in March recorded 228,000, an increase higher than the market expectation of 135,000. Non-farm payrolls data will help the Federal Reserve postpone interest rate cuts. International gold usually performs well in a low interest rate environment. Looking ahead to next week, investors need to focus on the verification of inflation expectations by the U.S. CPI data in March (April 10), the market reaction after the tariff measures are officially implemented, and whether the speeches of Fed officials will release more policy signals. Technical Review: After a series of large negative declines, gold is currently in a short-term trend that is bearish. The daily line has a large negative downward trend, breaking the short-term moving average and piercing the middle track, leaving a lower shadow below. The pattern shows a bearish signal of Yin Bao Yang engulfing. In the short term, it may rely on the middle track support to confirm the 10ma resistance and fall again. The 4-hour Bollinger Bands open downward, and the K-line continues to decline. The trend is bearish and downward. The gold market on Thursday and Friday this week can be described as thrilling, with a rise and fall of more than 200 points in two days! The gold market has changed suddenly, and there has been an extremely violent sweep. First, it rose rapidly to 3136 without any signs, and then fell back quickly at lightning speed, and fell below the intraday low. At present, the daily gold line has risen and fallen. The sharp rise in the early trading did not continue. It was under pressure at the high of 3168 and quickly entered an adjustment, with a downward adjustment space of more than 100 US dollars. After the high-level fluctuations of gold in the past two days, gold finally broke down on Friday night. In fact, the market was too active in the past two days, and the overall volatility was large. In fact, it was still a little difficult to operate. Although the overall outlook was bearish, the rebound amplitude was not small each time. Now sometimes it rebounded by more than 20 US dollars in a few minutes, so it may appear that it will continue to fall after a just loss. Now the high level of the gold daily line is covered by dark clouds, so how to operate next week? Next week's analysis: From the overall trend, the weak pattern of gold is beyond doubt, and it is reasonable to continue to be under pressure and downward. Therefore, it is recommended to pay attention to the 3050-3054 area next week, and continue to look at the 3060-3070 area above. The support that needs to be focused on is the 3000 mark shown by the weekly 5-day moving average slightly moving down. Above it, it will rebound, and breaking it will open a new round of downward space. The gold 1-hour moving average has formed a dead cross downward, so the gold bears still have power. The short-term gold can only rebound. After the gold rebounds, it will continue to sell, and then gold will enter a shock. After the gold falls sharply from a high level, it is more advantageous to sell in the short term. Unless there is a big profit to buy, it is difficult for gold to rise directly. The last physical K-line box of gold in the 1 hour will form a short-term suppression. The gold rebound resistance is 3076. If it is under pressure, then the gold rebound will continue to sell at highs. Operation ideas: Buy short-term gold at 3013-3015, stop loss at 3004, target at 3050-3060; Sell short-term gold at 3063-3065, stop loss at 3075, target at 3020-3030; Key points: First support level: 3015, second support level: 3000, third support level: 2988 First resistance level: 3048, second resistance level: 3056, third resistance level: 3074
OANDA:XAUUSDShort
by BraveTigercat
Non-agricultural gold is expected to fall sharply. On Friday (April 4), at 20:30 Beijing time, the U.S. Bureau of Labor Statistics released the highly anticipated March non-farm payrolls report, which put pressure on gold. Fundamentals: Today, gold is expected to fall sharply. The market continues to short at resistance points. Market volatility is expected to increase during the period. The long-short game of the US dollar index near the 102 mark will determine whether it can continue to rise. If it breaks through 103, it may further suppress gold and non-US currencies. Gold is looking for direction in the range of 3080-3100 US dollars/ounce. If risk aversion picks up, it may retest the 3100 mark; on the contrary, if the US dollar continues to strengthen, breaking through 3080 will open up downside space. The decline in US stock futures may continue until early next week.
TVC:GOLD
by AIan_Gold
1
4.5 Gold falls off a cliff and waits to stabilize! ! !Gold 4-hour level: The last wave of pull-up started from the low point of 2999 to 3167. Yesterday, it fell back and tested the 618 split position 3063. The current support is still valid, which is also the MA66 day position; From the perspective of macd, it is still short-selling and has not been fully repaired. Wait until it crosses below the zero axis, and then slowly stabilizes and tends to golden cross in the future market, then a wave of trend pull-up will gradually form, and it will take time; if 3063 cannot be maintained, the two split positions below are 3035 and 3018, and attention should be paid to stabilization. Intraday support: 3035 3018 3005 Resistance: 3045 3070 3100
TVC:GOLDShort
by AIan_Gold
4
4.4 Gold is low and long, wait for non-agricultureYesterday, the gold market opened at 3134.1 in the morning. The market first fell back to 3122.6 and then rose strongly. After breaking the previous high, it reached a high of 2167.9. After that, the market began to fall under the cooperation of fundamentals and technical profit-taking. The intraday low was 3053.6. After that, the market rose strongly and reached 3135.8 before consolidating. The daily line finally closed at 3114.1. The daily line closed in a spindle shape with a very long lower shadow. After this shape ended, after the break of 2940 and 2958, the long positions were reduced, and the stop loss was followed up at 3050. If it falls back to 3082 first today, the long stop loss is 3075. The target is 3115 and 3132. If it breaks, the target is 3140 and 3150.
TVC:GOLD
by AIan_Gold
1
The bearish trend is just beginning: Short Gold!Good morning, bros! With the gold price falling by LSE:100H yesterday, there is no doubt that the market is currently dominated by bears! As the gold high gradually moves down, it is difficult to hold even 3100, further weakening the bullish momentum and exacerbating panic selling to a certain extent! Obviously, as gold completes the regional conversion, the previous support has been transformed into an important resistance area in the short term, and the short-term resistance effect of the 3115-3125 zone is very obvious; and the current area near 3090 does not play a structural support role, so the area near 3090 is easy to be broken, and the short-term support below is in the 3075-3065 zone. So in terms of short-term trading, before the NFP market, we can still short gold with the resistance of the 3115-3125 zone, with the first target pointing to the 3075-3065 zone, followed by the 3055-3045 zone. The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
OANDA:XAUUSDShort
by Trader_Marvin
4.4 Analysis of gold short-term operation strategy!!!On Thursday (April 3), spot gold experienced a surprising volatility, with a single-day fluctuation of nearly $114, and the price of gold finally closed down. Analyze the technical outlook of gold intraday. The 4-hour chart of gold shows that the price of gold is trading below the currently flat 20-period SMA, but it is still well above the bullish 100-period SMA, which provides support near $3040/oz. At the same time, technical indicators have recovered from near oversold readings and stabilized within negative levels. If the price of gold falls below the above-mentioned $3040/oz area, the price of gold may fall sharply. Support: $3086.70/oz; $3073.90/oz; $3061.10/oz Resistance: $3123.10/oz; $3136.70/oz; $3150.00/oz
TVC:GOLD
by AIan_Gold
1
Gold is under dark clouds, waiting for opportunitiesThe 1-hour moving average of gold has begun to turn downward, and gold bulls have suffered heavy losses. After gold rebounds and repairs, we can only continue to short. The support below the range of gold 1 hour ago was 3110, and now it has fallen below. Then gold 3110 has formed an effective suppression in the short term. Trading idea: short gold near 3110, sl: 3120, tp: 3090 The above is purely a sharing of personal views and does not constitute trading advice. Investments are risky and you are responsible for your profits and losses.
TVC:GOLDShort
by Fortune-signal
Gold-----Buy near 3140, target 3160-3180Gold market analysis: The international situation is very unstable, the situation in the Middle East, the situation in Russia and Ukraine, plus Trump's trade war, it is difficult for gold to show a weekly decline. The tariffs were released again last night, causing gold to rise strongly. Today's thinking is undoubtedly to continue to be bullish. Today we will first look for structural support to go long. There was a decline in the Asian session, and the daily moving average began to rise. Today, it will be repaired first and then pulled up. In terms of gold pattern, 3134 is the strong pattern support in the Asian session, and the small support is around 3140. Bulls will play at this position. We estimate that there will be a few pulls in the Asian session today. The range of getting on the train is around 3134-3140. The strong support has reached around 3110. If this position is not broken, it is basically difficult to change the buying trend during the day. In addition, tomorrow is the non-agricultural data, and we estimate that such buying will reach the non-agricultural data. Support 3134-3140, strong support 3120 and 3110, strong pressure is invisible, small pressure today's high point, the strength and weakness watershed of the market is 3134. Operation suggestion: Gold-----Buy near 3140, target 3160-3180
OANDA:XAUUSDLong
by BraveTigercat
Gold price hits a new all-time high!Market news: In the early Asian trading on Thursday (April 3), spot gold continued to rise, once refreshing its historical high to $3,168/ounce, as US President Trump declared a national emergency on Wednesday to enhance the competitive advantage of the United States, protect US sovereignty, and strengthen US national and economic security. He will impose a 10% benchmark tariff on all goods imported into the United States and impose higher tariffs on some of the largest US trading partners. This move will lead to an intensification of the trade war launched after his return to the White House, and the market risk aversion sentiment has risen sharply. After the news of large-scale tariffs came out, the market risk aversion sentiment rose sharply in the early Asian trading on Thursday, US stock futures plummeted, and Dow futures plunged more than 1,100 points. London gold prices soared, and international gold prices soared after US President Trump announced reciprocal tariffs on global trading partners. Gold is traditionally a safe-haven asset in times of geopolitical and economic uncertainty. When people's concerns about the global economy intensify, investors regard gold as a safe haven. Such concerns have helped gold prices rise 19% so far this year after a strong rally in 2024, driven mainly by massive central bank purchases and strong demand in Asia. The dollar index fell after Trump's tariff plan was announced, making gold more expensive for buyers holding foreign currencies. Investors need to pay attention to the number of layoffs in challenger companies in the United States in March, the number of initial jobless claims in the United States for the week ending March 29, and the ISM non-manufacturing PMI data in the United States in March. In addition, investors need to pay attention to the market's further interpretation of Trump's tariff policy and the response measures of various countries, and pay attention to changes in national stock market performance and risk aversion. Technical Review: At the daily level, gold started the downward adjustment mode on Tuesday, breaking the previous continuous rise in one fell swoop. However, the current moving average system still maintains an upward divergent trend. The 4-hour trend of gold temporarily maintains a high range of oscillation repair. At present, the short-term moving average is basically in a state of adhesion and flattening, and tends to continue to maintain a high-level oscillation repair trend during the day. The 1-hour moving average of gold is still a golden cross with upward bullish arrangement. Although gold fell below the moving average support yesterday, the strength of gold bulls to bottom out and rebound is still relatively strong, and with the support of gold safe-haven, gold bulls are still better. As long as it does not break 3100, it will continue to be strongly bullish. Today's analysis: The news of gold early in the morning upgraded the risk aversion, and gold broke upward again. Then the previous resistance of gold has now become support again. The previous platform support of gold at 3135 has broken upward, so gold has now formed support at 3135. Gold fell back in the Asian session and continued to buy. Since after the shock, gold bulls have exerted their strength again under the stimulation of risk aversion, the trend continues to belong to bulls, and gold fell back in the Asian session and continued to buy. The 1-hour moving average of gold turned upward again, and gold bulls regained control of the home court. Gold fell back in the Asian session and continued to buy on dips on the previous platform support of 3135. Now risk aversion stimulates gold to rise. Don't chase it directly at high levels for the time being, and wait patiently for the opportunity to fall back. As risk aversion is upgraded, gold buying will continue to be strong and gold is expected to rise to a higher level. Operation ideas: Short-term gold 3132-3135 buy, stop loss 3124, target 3160-3170; Short-term gold 3174-3177 sell, stop loss 3185, target 3140-3130; Key points: First support level: 3140, second support level: 3133, third support level: 3120 First resistance level: 3166, second resistance level: 3174, third resistance level: 3187
OANDA:XAUUSDLong
by BraveTigercat
Gold-----sell near 3138, target 3110-3100Gold market analysis: The market is always confusing, and investors are always guessing. This is the most mysterious and tempting part of the market. In fact, there are many trading opportunities for gold every day, but there are only a few that you can understand. So what you need is execution. When it comes to the opportunity that you can understand, you must be decisive. Yesterday, gold rose in the Asian session, and it fell sharply to around 3100 in the US session. This position is a strong support for the daily line. It finally rebounded and closed with a big tombstone on the daily line. At this time, some people began to speculate again, whether the big top has come, and whether gold has really fallen? We must see the facts clearly and follow them. Yesterday's gold daily tombstone is only a short-term top, and it is just that the short-term is not so strong. The buying pattern of the long-term trend is still intact. Today's thinking is bullish in the general trend, and both short-term long and short positions can be entered. From the perspective of form, gold will undergo a range repair in the range of 3100-3148. There is no gold that keeps rising. If it keeps rising without stopping, it is impossible. Now gold has risen too much and is undergoing a technical repair. If it rebounds first, we will sell it at 3138 and 3148. If it falls first, pay attention to 3119 and 3100. There are opportunities for buying and selling. Grasp the rhythm. Support 3119 and 3110, strong support 3100, pressure 3138 and 3148, the strength and weakness dividing line of the market 3120. Fundamental analysis： This week is a data week. Today, we will focus on the ADP employment data, which is the precursor to the non-agricultural data. Operation suggestions: Gold-----sell near 3138, target 3110-3100
TVC:GOLDShort
by BraveTigercat
Gold Under Pressure In Head And Shoulders PatternGold's 1-hour moving average has gradually begun to show signs of turning, and gold's 1-hour moving average is also in the form of a head and shoulders. Even if it pulls back and forth again, gold will continue to fluctuate in a wide range. There are more data in the second half of this week, and there is news about important events, so gold still needs to wait for news or data to take gold out of a new direction. Trading ideas: short gold around 3130, sl: 3140, tp: 3115 The above is purely a personal opinion sharing. Investment involves risks and you are responsible for your profits and losses.
TVC:GOLDShort
by Fortune-signal
GOLD - on resistance- Could Bitcoin resume its Gains Over GoldAs you can see, GOLD has come to a point where it has been rejected twice previously. And on each of the previous occasions, PA ended up back on the lower trend line., taking around 2 years to do so on each occasions GOLD MOVES SO SLOW - mostly due to its HUGE market cap..... But thats another story Has the recent rise of Gold come to a line of defeat ? The Daily chart here shows how PA is stalling at this moment in time Each push is getting Shorter. PA is tired. PA is Getting OVERBOUGHT on many time frames. It needs a break The thing is, Mr Trump will later today introduce the "liberation Tariffs" The expectation is of FEAR as reprisals and reduced markets could cause issues in the USA , including reversing the Drop in inflation. If the Tariffs backfire, the $ will Drop..and people will look to safe haves Traditionally GOLD. Maybe Gold can break through its old nemesis of rejection. But PA Is TIRED BITCOIN has been under pressure recently, following posting a new ATH and this has taken a toll on the BTC XAUT trading pair while Gold has risen. We can see how PA dropped and has in fact, fallen below the lower line of support. But it needs to be understood is that RSI and MACD are now in very positive positions to make a push higher. Gold is tired In the Near Future, we may well see the tables turn in Bitcoins Favour again But Me Trumps, today, May actually upset that idea. We just have to wait and see how sentiment is towards Risk assets later today , after the announcement of these Tariffs. But, in the Longer term, once the dust settles, I do see Bitcoin taking over again and continuing its rise to greatness..... ENJOY Time Will tell
TVC:GOLD
by Orriginal
Gold price plunges $50! Gold price profit-taking!Market news: In the early Asian session on Wednesday (April 2), spot gold fluctuated in a narrow range and is currently trading around $3,130/ounce. The London gold price rose and fell on Tuesday. Spot gold rose to around the 3,150 mark earlier, and suddenly fell sharply after hitting a record high, falling nearly $50 from the high point. This is mainly attributed to investors choosing to take profits before US President Trump announced a series of tariffs. International gold has traditionally been a safe-haven asset in times of geopolitical and economic uncertainty. On Monday, the international gold price ended the first quarter with the strongest single-quarter performance since 1986, closing above $3,100/ounce. This is one of the most volatile periods in gold history. This trading day will also release the US ADP employment changes in March and the US factory orders monthly rate in February. Federal Reserve Board member Kugler will also deliver a speech, which investors need to pay attention to. In addition, it is necessary to focus on the details of the reciprocal tariffs and industry-specific tariffs announced by US President Trump, and be wary of the "boots landing" market. Technical Review: Gold ended its consecutive positive structure, and the daily chart closed with a long upper shadow and a negative K-line, and fell back to 3100 in the late trading. Technically, the gold price is still above the MA7 and 5-day moving averages at 3078/95, while the MA10/7-day moving averages still remain open upward, and the price is running on the upper track of the Bollinger Band.The short-term four-hour moving average closed, and the price was running below the MA10-day moving average at 3123. The price retreated to the middle track of the Bollinger Band at 3101/04. The RSI indicator turned downward after touching the overbought value above 80 yesterday. The hourly moving averages are glued together, and the price returns to the middle and lower tracks of the Bollinger Band. Gold is expected to continue to expand its volatility adjustment range during the day. It is recommended to wait for a correction before buying low and be cautious in chasing long positions at historical highs. Key resistance levels or historical highs participate in high-altitude coordination. Once the special tariff policy is implemented, there is a high probability that the situation of buying expectations and selling facts will occur. Pay attention to the sharp decline in the gold and silver market prices. On the contrary, if the new tariff policy is announced on the basis of the original tariff policy, gold needs to pay attention again to trigger risk aversion and usher in a sharp rise or set a new record high again. Today's analysis: Gold rose and fell back in the US market yesterday, and the bulls may enter an adjustment cycle under short-term pressure. In the short term, gold is expected to adjust! Yesterday, gold rose first and then fell, rising to 3148 before falling and adjusting. The European market fluctuated narrowly. From the technical indicators, the 2-hour moving average has formed a dead cross, MACD dead cross and large volume, Bollinger band closed, and the US market continued to decline after the shock. It has now fallen below the 3120 intraday watershed. In the short term, it means that the bulls have temporarily come to an end and started to retreat and adjust. From the 1-hour chart of gold, the rising volume at the tail end of the wave is usually not sustainable, accompanied by a step-by-step wash-out. After yesterday's retracement, today's Asian session quickly rose and rushed high, accompanied by a big negative line in the hourly chart, and retreated to the local high of 3150. The fluctuation base is large and the adjustment space can be large or small. It is not easy to chase high at the current position. Although short selling is against the trend, the technical overbought tariff implementation will also be realized, and the adjustment space should not be underestimated. Ultra-short-term combined with medium and long-term shorts to deal with short-term short adjustments. Operation ideas: Buy short-term gold at 3110-3113, stop loss at 3102, target at 3140-3150; Sell short-term gold at 3143-3145, stop loss at 3154, target at 3120-3110; Key points: First support level: 3115, second support level: 3102, third support level: 3093 First resistance level: 3130, second resistance level: 3138, third resistance level: 3150
TVC:GOLD
by BraveTigercat
Continue to short gold, there is still huge downside potentialGold fell below the short-term key support of 3120 and extended to around 3100. The short-term raid caught most long traders off guard. Today, I evaluated from both market factors and risk factors, and made a plan to short gold in the 3135-3145 zone, with the goal of a pullback to 3100. The potential profit space is $50. I believe that as long as you pay attention to and follow my trading strategy, you will definitely make a lot of money today! At present, gold has rebounded slightly after touching around 3100, but I do not recommend going long on gold in this position area; because a sharp drop in gold can easily hit the confidence of long traders, stimulate profit-taking and panic selling, so I think the decline is not over. Even from a technical perspective, although gold has a certain degree of technical repair after a rapid decline, it is obvious that the 4-hour level has not started to make up for the decline, indicating that there is still a lot of room for correction below. In this round of decline, I think gold is likely to continue to fall to the area around 3085, or even the 3075-3065 zone. Therefore, for short-term trading, we can still consider shorting gold in batches after it rebounds to the 3115-3125 zone, with the target pointing to the 3095-3085 zone.The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
OANDA:XAUUSDShort
by Trader_Marvin