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Will gold still rise after correction? Market analysis referenceAnalysis of gold market trend: Technical analysis of gold: Today in the Asian session, gold directly rushed to the 3357 line, continuing the previous upward trend. The spot gold price in the Asian session has once again hit a record high, breaking through $3350 for the first time. The US dollar index fell close to a three-year low, triggering a sharp rise in market risk aversion, pushing up gold prices. The current basic trend of gold rising has not changed, and the bulls are strong. However, from the perspective of time nodes, even if you are bullish today, you must pay attention to the adjustment space at any time. The Asian session hit a high and fell back, and the European session did not continue to rise but fluctuated and fell. Attention should be paid to the second bottoming out in the evening. In addition, the market will be closed tomorrow, Friday, and will not open normally until next Monday; therefore, today, Thursday, we must do a good job of risk prevention; such as short positions, such as adjusting positions, and so on. In the short term, gold is now likely to start a large range of fluctuations again. The 1-hour inverted V trend has begun. Gold will either start a large range of fluctuations or make adjustments. If there is no support from bullish news in the short term, then the short-term gold bulls may be suppressed. Due to the rest tomorrow, do less and wait and see. Gold will be operated next week in combination with the news over the weekend. The recent market has been ups and downs, and I can finally take a good rest for three days to relax the tense atmosphere. The recent ups and downs of gold are like an electrocardiogram, which affects the hearts of everyone who pays attention to gold. It is mainly too active. Maybe you drink a sip of tea and smoke a cigarette, and gold goes back and forth for more than ten US dollars. So, don't be too bullish today. If you are bold, go short, and if you are prudent, just watch the show! Overall, today's short-term operation strategy for gold is mainly to go short on rebounds, and to go long on pullbacks. The short-term focus on the upper side is 3315-3320 resistance, and the short-term focus on the lower side is 3245-3285 support. Friends must keep up with the rhythm. Gold operation strategy reference: short gold rebounds near 3315-3320, target near 3295-3285, and look at the 3245 line if it breaks. Strategy 2: Go long on gold pullbacks near 3280-3285, target near 3305-3315, and look at the 3320 line if it breaks.
OANDA:XAUUSDShort
by TP_Daniel5
Technical indicators warn of the risk of a short-term correctionThe recent gold price has reached a record high, mainly driven by the escalation of global trade frictions and the expectation of the Fed's easing. Although the Trump administration has temporarily revoked tariffs on some goods, it has threatened to impose tariffs on automobiles, semiconductors and pharmaceuticals. The repeated policies have exacerbated the market's risk aversion. At the same time, the market expects the Fed to cut interest rates by 100 basis points in 2025, and the US dollar index has fallen to its lowest level since April 2022, further supporting gold prices. Technically, gold prices are facing short-term correction pressure, with the key position below being supported by today's lowest point at 3312. If the opening high of 3344 is effectively broken above, it may rise to the 3358-3370 range again. In the medium and long term, trade uncertainty and expectations of monetary easing will still provide support for gold, but we need to be wary of the volatility risks brought about by policy easing or a rebound in the US dollar. Focus on key price breakthrough signals and respond flexibly to short-term fluctuations. Gold recommendations for the evening: Go long at 3317-3312, with a target of 3340.
OANDA:XAUUSDLong
by TP_Daniel5
XAUUSD Technicals🔑 Key Levels: Resistance: ~ $3,345 – $3,360 Minor Resistance: ~ $3,330 Pivot Zone: ~ $3,305 – $3,310 Support: Around $3,290 (not shown but implied if break continues) 💡 Price Action Insights: Strong bearish candle broke below the pivot with high volume (big red arrow). This could be a liquidity grab or a genuine breakdown. The chart shows a possible fakeout scenario – price dips below pivot, sucks in sellers, then reverses to trap them and push higher. Projection path suggests: Bounce back above pivot Break minor resistance Push to resistance zone (~$3,360) Confirmation needed: A strong bullish candle reclaiming the pivot on increasing volume. 🧠 Volume Clue: Notice the volume spike on the break of pivot. If this is absorption (buyers taking in sells), reversal is likely. If follow-through selling comes next, expect deeper drop. ✅ What to Watch: If price reclaims the pivot with a strong green candle, expect a push to $3,330–$3,345+; if it’s rejected with a weak bounce, it may drop back to $3,290–$3,280; and if it breaks below the pivot again on high volume, anticipate a bearish trend continuation.
OANDA:XAUUSDLong
by xxChartWhizxx
3382 , next ATH number today, GOLD⭐️GOLDEN INFORMATION: Gold price (XAU/USD) enters a phase of consolidation on Thursday, trading within a narrow range near its all-time high reached during the Asian session, as investors digest conflicting market signals. Stronger-than-expected US Retail Sales figures and hawkish remarks from Federal Reserve (Fed) Chair Jerome Powell have lent support to the US Dollar (USD), curbing some of gold’s upside momentum. Meanwhile, the upbeat sentiment across equity markets and mildly overbought technical conditions are prompting traders to remain cautious, limiting fresh buying interest in the precious metal for now. ⭐️Personal comments NOVA: Gold price continues to increase today, the fomo still has no end, pay attention to the new ATH price zone 3382 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3381- 3383 SL 3388 TP1: $3370 TP2: $3355 TP3: $3333 🔥BUY GOLD zone: $3302 - $3300 SL $3295 TP1: $3310 TP2: $3320 TP3: $3330 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDLong
by Nova-Scalper
4
It is critical to grasp the entry point when stepping backYesterday, the technical aspect of gold opened in the Asian session and immediately ushered in a strong bullish pull-up. The European session broke through and stood above the 3300 integer mark and entered a strong shock consolidation. The US gold price fluctuated repeatedly and stabilized above the 3300 integer mark and ushered in an accelerated pull-up. Finally, the gold price broke through the 3320 mark in the early morning and continued to rise to around 3350 and closed strongly. The daily K-line closed with a shock break and a long positive, and the daily increase reached 120 US dollars. The overall technical form has completely entered the rhythm of bullish squeeze. At present, all technical aspects are overbought, and short-term technical indicators are distorted. The overall rise logic is greatly affected by the external risk aversion sentiment. The bullish momentum still exists, and the retracement continues to look for opportunities to go long. However, it is worth noting that Friday is Good Friday, and today's weekly close will lead to profit-taking in the market. From the 4-hour analysis, today's lower support focuses on 3310-3305, and focuses on the important support of 3293-90. This position is also the watershed between the strength and weakness of the bulls and bears during the day. Be cautious about chasing more at high levels. I will prompt you with specific operating strategies during the session, so please pay attention in time. Gold operation strategy: 1. Go long when gold falls back to 3310-3305, and add to long position when it falls back to 3288-93. The target is 3345-3350.
OANDA:XAUUSDLong
by TP_Daniel5
XAU/ USD) bullish trend analysis Read The ChaptianSMC Trading point update analysis for XAUUSD (Gold vs. USD) on the 2-hour timeframe appears to suggest a bullish continuation setup after a correction. Here's a breakdown of the idea: Key Points from the Chart: 1. Rising Channel: The price is moving within an ascending channel. After a breakout and strong rally, it is currently in a flag or wedge-like correction pattern. 2. Correction Zone: The price is consolidating downward inside a small descending wedge (a bullish pattern), potentially forming a bull flag. This is typically a sign of continuation after a strong upward impulse. 3. Support Zone: A 4H support level is marked around 3,301.416, which aligns with the lower boundary of the flag pattern. This is a potential buy zone for price to react and bounce. 4. Target Point: The target is projected at 3,404.254, implying a breakout to the upside if the support holds. 5. RSI Indicator: RSI is currently around 65, with previous values near 80, suggesting a slight cooldown but still in bullish territory. A slight drop in RSI might occur before the next bounce. 6. EMA 200: The EMA 200 is well below current price (around 3,137), indicating a strong bullish trend. Mr SMC Trading point Possible Trade Idea: Entry: Around the 3,301–3,305 support area. Confirmation: Wait for a bullish reversal pattern (engulfing candle or strong bounce). Target: Around 3,404 (as per the marked target zone). Stop Loss: Below the support zone (e.g., below 3,295), depending on risk tolerance. Pales support boost 🚀 analysis follow)
OANDA:XAUUSDLong
by SMC-Trading-Point
4
Gold continues to wait for a new ATH of 3381 📌 Driving Events On Thursday, gold prices (XAU/USD) entered a consolidation phase, fluctuating in a narrow range near the all-time highs set during the Asian session, as investors digested conflicting market signals. Stronger-than-expected US retail sales data and tough comments from Federal Reserve Chairman Jerome Powell supported the US dollar (USD), curbing some of the upward momentum of gold. At the same time, optimism in the stock market and slightly overbought technicals prompted traders to remain cautious, currently limiting a new round of buying interest in precious metals. 📊Comment Analysis Gold now continues to maintain its high strength, and gold is still in a bullish trend. The short-term correction does not change the upward trend of gold. The decline of gold is an opportunity to go long. The current price of gold is 3320, which is directly long! 💰Strategy Long position: Gold is long around 3320-25, defend around 3310 area, and the target is above 3340 ⭐️ 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
OANDA:XAUUSDLong
by Labaron
2
XAU/USD) Flag Analysis Read The ChaptianSMC Trading point update Analysis presents a bullish outlook for XAU/USD (Gold vs USD) on the 1-hour timeframe, based on Smart Money Concepts (SMC). Here’s a breakdown of the key elements: --- Key Analysis Points: 1. Order Block + Key Support Zone: Price recently tapped into a bullish order block around the $3,166.74–$3,208.62 zone. This area is also marked as a "key support level", suggesting a strong demand zone. The confluence of the Fair Value Gap (FVG) and order block gives this zone higher validity for potential reversal. 2. Bullish Market Structure: The chart shows higher highs and higher lows, indicating a bullish trend. Price action broke above a small consolidation, showing bullish momentum is resuming. 3. Projected Target: The target point is set at $3,283.01, suggesting about a 55-point upside from the current price. This target sits above a previous high, indicating anticipation of a liquidity grab or breakout. 4. RSI (Relative Strength Index): RSI is at 57.94, which is a neutral-to-bullish zone. It supports the idea that there's still room for price to move up before being overbought. 5. EMA 200 (Exponential Moving Average): The price is well above the 200 EMA, confirming a bullish bias in the higher timeframe. Mr SMC Trading point --- Possible Strategy: Long (Buy) Entry Zone: Between $3,166–$3,208 (ideal near the order block/FVG). Target: $3,283 Stop Loss: Below the order block, ideally below $3,166 to avoid getting wicked out. --- Final Thoughts: This is a well-structured bullish setup based on institutional concepts like order blocks and FVGs. The price is aligned with the trend, and RSI supports more upside. However, watch for any major news catalysts (especially with those economic event icons shown). Pales support boost 🚀 analysis follow)
FX:XAUUSDLong
by SMC-Trading-Point
4
Gold’s short-term correction does not change gold’s upward trendGold continues to remain strong at high levels, and gold is still in a bullish trend. The short-term correction will not change the upward trend of gold. The fall of gold will give the opportunity to go long. The 1-hour moving average of gold is still a bullish arrangement with golden crosses diverging upwards. The strength of gold bulls is still there. Gold has found support near 3320 and is rising again. The current rhythm of gold is to fall back and continue to go long. Trading idea: Go long near gold 3327, stop loss 3317, target 3350
TVC:GOLDLong
by MabelLew
GLD Weekly Options Trade Plan 2025-04-16GLD Weekly Analysis Summary (2025-04-16) Below is a consolidated view of the various model reports and our resulting trade rationale: ────────────────────────────── Comprehensive Summary of Each Model’s Key Points • Grok/xAI Report  – Notes that GLD closed around $306.52 with recent upward momentum and bullish daily indicators.  – Technicals (moving averages, Bollinger Bands, and MACD on daily charts) support a moderately bullish bias despite some near-term caution from 5‑minute signals.  – Recommends buying the $311 call (premium ~ $0.99) with a plan to exit if the price breaks key support or slides 20% in premium. • Claude/Anthropic Report  – Highlights strong daily uptrend fundamentals with GLD well above its key moving averages, although the daily RSI is high (76.59) which raises a caution flag.  – Points to robust call open interest at nearby strikes ($310) and suggests a bullish trade via the call option—even though a slightly lower strike ($310) is mentioned, the overall picture is bullish.  – The recommended entry is at market open with a target around a 50% premium gain and a stop if the premium retracts significantly. • Gemini/Google Report  – Emphasizes strong longer‐term bullish momentum but expresses caution given immediate overbought conditions (daily RSI above 70 and price trading above the upper Bollinger Band).  – Also notes the strangely low max pain ($275) in contrast to the current price, warning of potential early pullbacks.  – Concludes that the overall picture is too conflicted to recommend a trade at the open at this time. • Llama/Meta Report  – Combines technical indicators (EMA, RSI, Bollinger Bands) with strong news sentiment to determine GLD is in a bullish phase.  – Identifies the $311 call (premium ~$0.99) as attractive given its liquidity and distance from the current price (about 1.46% above).  – Recommends market-open entry with targets set at roughly 150% of the premium and stop-loss based on a percentage of the premium. • DeepSeek Report  – Provides a balanced trade plan noting the very strong 30‑day price performance and bullish daily MACD while cautioning on the overbought RSI reading.  – Recommends the $311 call (midpoint premium ~$0.99) with a profit target of roughly a 50% gain and a stop tied to technical support breaks (around $304.90).  – Maintains a moderate confidence level (around 65%) because of the chance that short‑term pullbacks may materialize. ────────────────────────────── 2. Areas of Agreement and Disagreement • Agreement:  – Most models agree on an underlying moderately bullish trend for GLD based on daily technical indicators and positive news (e.g., fund inflows and safe‑haven demand).  – A majority favor a call option trade on the weekly expiry, with many models arriving at the vicinity of the $311 strike (with premiums around $0.99) as an optimal entry. • Disagreement:  – The Gemini/Google report raises concerns about overbought conditions on the daily chart and highlights a very low max pain level that suggests downside pressure, recommending against an immediate open trade.  – Claude mentions a slightly lower strike ($310) but still a call trade; however, the bulk of reports lean toward the $311 call as a balanced choice, accepting the premium being a bit above the ideal $0.30–$0.60 range. ────────────────────────────── 3. Conclusion and Trade Recommendation Overall Market Direction Consensus:  Most models point to an overall moderately bullish outlook on GLD. While the daily trend is robust, some short‑term technicals (e.g., the overbought RSI and near-term MACD signs) advise caution. Nevertheless, the prevailing momentum and strong news sentiment favor a bullish call—even if a temporary pullback remains possible. Recommended Trade:  Trade Idea: Buy a single‑leg, naked CALL option on GLD.  • Strike: $311.00 (this strike shows sufficient liquidity with about 1,055 open interest and a traded premium of roughly $0.99)  • Expiration: Weekly options expiring 2025‑04‑17  • Premium: ~ $0.99 (slightly above the ideal range, but justified by good risk/reward and high liquidity)  • Entry Timing: At the open  • Profit Target: Approximately a 50% increase (target premium ~ $1.50)  • Stop Loss: Approximately 20% drop in the premium (≈ $0.79)  • Confidence Level: Moderately confident (≈70%) given the bullish trend tempered by the risk of an intraday pullback  • Key Risks/Considerations:   – The daily RSI is in overbought territory, so be alert for any pullback.   – The inherent conflict with the very low max pain point ($275) suggests potential short-term volatility.   – Monitor support levels (e.g., $304.90 on the 5‑minute chart) for early signs of reversal. ────────────────────────────── 4. TRADE_DETAILS (JSON Format) { "instrument": "GLD", "direction": "call", "strike": 311.0, "expiry": "2025-04-17", "confidence": 0.70, "profit_target": 1.50, "stop_loss": 0.79, "size": 1, "entry_price": 0.99, "entry_timing": "open" } Disclaimer: This newsletter is not trading or investment advice but for general informational purposes only. This newsletter represents my personal opinions based on proprietary research which I am sharing publicly as my personal blog. Futures, stocks, and options trading of any kind involves a lot of risk. No guarantee of any profit whatsoever is made. In fact, you may lose everything you have. So be very careful. I guarantee no profit whatsoever, You assume the entire cost and risk of any trading or investing activities you choose to undertake. You are solely responsible for making your own investment decisions. Owners/authors of this newsletter, its representatives, its principals, its moderators, and its members, are NOT registered as securities broker-dealers or investment advisors either with the U.S. Securities and Exchange Commission, CFTC, or with any other securities/regulatory authority. Consult with a registered investment advisor, broker-dealer, and/or financial advisor. By reading and using this newsletter or any of my publications, you are agreeing to these terms. Any screenshots used here are courtesy of TradingView. I am just an end user with no affiliations with them. Information and quotes shared in this blog can be 100% wrong. Markets are risky and can go to 0 at any time. Furthermore, you will not share or copy any content in this blog as it is the authors' IP. By reading this blog, you accept these terms of conditions and acknowledge I am sharing this blog as my personal trading journal, nothing more.
AMEX:GLDLong
by quantsignals
Gold is bullish but not high, but be careful to adjust the risk! 📌 Driving Event Federal Reserve Chairman Powell made a clear statement at the Chicago Economic Club on Wednesday (April 16) that he would wait for more economic data to be released before deciding the direction of interest rate adjustment. He particularly emphasized that the recent market volatility is a reasonable response to the Trump administration's tariff policy, and bluntly denied the possibility of "Federal Reserve support". This hawkish speech directly led to the expansion of the decline in US stocks and the continued surge in gold. The US dollar index has risen in the past two days, and with the increase in tariff policies, there will be no unfavorable factors if the game between major powers does not stop. 📊 Commentary Analysis Gold continued to rise unilaterally in the past two days, especially the full-day increase of more than 100 US dollars on Wednesday, which almost beat the shorts without any ability to fight back. At present, gold continues to rise and fall, setting new highs, and there is no way to see where the high point is in this rally. For the current market, the only effective trading strategy is to go long on the decline and continue to be bullish. If there is no adjustment and decline space, it is better not to trade. Even if you are bullish today, you should be aware that there will be room for adjustment at any time. If it falls below 3320, it will not be very strong. If it falls below 3280, gold may fall in retaliation. Therefore, don't be too bullish today and pay attention to the risk of high gold prices. Moreover, Friday is Good Friday, and the US market will be closed for one day. Beware of the risk of closing positions after long positions are profited. 🔶Personal 💰Strategy Long position: Gold is long near 3330-35, defend near 3320 area, and target 3360 ⭐️ 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
OANDA:XAUUSDLong
by Labaron
1
Gold XAUUSD Possible Intraday Move 16.04.2025🟡 XAUUSD (Gold) Price Action Analysis – April 16, 2025 This setup is based on simple and pure price action—nothing fancy, just clean structure, breakout behavior, and the well-settled $25 range principle when Gold is out of consolidation. ✅ Buy Signal Zones (Based on Pure Price Action) 📍 Buy Zone 1: $3,270 – $3,275 Potential retest of the previous minor structure. Buy on bullish reaction or rejection. 📍 Buy Zone 2: $3,240 – $3,245 Strong support aligning with 50% Fibonacci. Previous resistance turned support—perfect for deeper pullbacks. 📍 Buy Scenario 3: No pullback, direct continuation Buy on strong breakout above $3,299 targeting $3,325. This aligns with the $25 range principle—a settled rule when Gold breaks out of range. 🎯 Target: $3,325 Pure price action logic: From the current structure, the next clean target lies at $3,325, exactly one $25 block higher. 📝 Summary: ✅ Buy from $3,270–75 or $3,240–45, with confirmation. ✅ Buy on breakout above $3,299 targeting $3,325. 🚫 Avoid shorts—structure favors bulls. This is simple and pure price action. No indicators, no confusion—just structure, reaction, and levels. Hit like, follow, comment and share to show support.
OANDA:XAUUSDLong
by QuinnReed_Charts
3
The risk-averse frenzy has triggered a massive explosion of gold 📌 Driving Event The US government's tariffs and rare earths have doubled, highlighting the safe-haven properties of gold. The Trump administration has recently launched national security investigations into semiconductors, pharmaceuticals and other fields, indicating that the second wave of tariff wars is imminent. Former US Treasury Secretary Yellen bluntly stated that this "self-harming" tariff policy not only fails to achieve the return of manufacturing, but may lead to a break in the global supply chain and push up inflationary pressure. The market's expectations for "stagflation" in the US economy have increased, and gold, as a dual tool for anti-inflation and risk aversion, has significantly increased its appeal. 📊Comment Analysis At present, gold has basically rushed to the sky. In April, you can basically see the fluctuation range of gold within 70-100 points every day. In this market, you say that fixed points are sometimes really fleeting, and the optimistic resistance is like paper that can be broken at the touch of a button. So is gold really going to the sky? Labaron can only say that under such favorable conditions, it is really hard to see gold fall! 💰Strategy Package Long position: Gold is long near 3310, defend near 3290 area, and the target is 3330-37 ⭐️ 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
OANDA:XAUUSDLong
by Labaron
1
Gold Dips From PRZ – Will Supports Hold for New ATH?Gold ( OANDA:XAUUSD ) started to correct again from the Potential Reversal Zone(PRZ) and near the Resistance lines . The question is, can Gold create a new All-Time High(ATH) again? In terms of Elliott waves , Gold appears to be completing a main wave 4 . This main wave 4 is likely to complete near the Support lines and Support zone($3,168-$3,133) . I expect Gold to either rise again after breaking the Resistance zone($3,220-$3,211) or near the Support zone($3,168-$3,133) and Support lines . Do you think Gold can create a new All-Time High(ATH) again? Note: If Gold breaks the Support zone($3,168-$3,133), we should expect a further correction from Gold. Gold Analyze ( XAUUSD ), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
3
XAUUSDHello Traders! 👋 What are your thoughts on GOLD? Gold has successfully broken above its resistance zone and the top of the ascending channel, indicating strong bullish momentum. Two support zones have been identified below the current price. A correction toward one of these levels is expected before the next bullish leg begins. After a pullback to one of these support areas, we expect gold to resume its uptrend and push toward higher levels and new highs. Among the two, the second support zone is considered a safer entry point for long positions, as it may offer stronger support and a better risk-reward setup. 💡 Which support zone would you use for your buy entry? Share your thoughts below! Don’t forget to like and share your thoughts in the comments! ❤️
OANDA:XAUUSDLong
by HAMED_AZ
5
Gold-----Buy near 3260-3280, target 3290-3350Gold market analysis: Gold hit a new high again in the Asian session. Where is the top? There is no top to speak of. The daily pattern of gold shows that it still has the momentum to continue to rise. The daily line is not weak. Yesterday's repair was just a repair, just a rest. Fundamentals and data are immune to gold. Gold fell slightly when the data was bad, and rose sharply when it was good. In fact, gold itself wants to rise. Today's thinking is undoubtedly to continue to be bullish. Selling is dead in the short term. Bulls will continue to be bullish in the Asian session today based on the position of 3256. We have analyzed before that the next big target of the weekly pattern and segmentation cycle is to look at 3400. It is estimated that it will reach it after a few waves of pull-ups. The weekly line was a big positive last week and there is also a need for inertia to rise this week. The previous high point of 3245 is the new support. If this position is not broken today, it is basically difficult to change the buying trend of gold. The moving average begins to hover. The small moving average support behind is our opportunity to buy again. The new big support of the day has reached around 3225, which is also the suppression position of yesterday's shock. It is estimated that we have to consider directly chasing again if the Asian session is strong. Support 3245 and 3256, super support 3225, pressure is invisible, and the strength and weakness watershed of the market is 3256. Fundamental analysis: There is not much data this week, but the fundamentals are still many. Note that the market will rest on Friday this week, which is Good Friday. Operation suggestions: Gold-----Buy near 3260-3280, target 3290-3350
OANDA:XAUUSDLong
by BraveTigercat
1
Gold Sell and Buy Trading PlanH4 - We had a strong bullish move with the price creating a series of higher highs, higher lows structure This strong bullish move ended with a bearish Divergence While measuring this strong bullish move using the Fibonacci retracement tool we have two key support zones that has formed (marked in green) So based on this I expect short term bearish moves now towards the Fibonacci support zones and then continuation higher. If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀 --------------------------------------------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDLong
by VladimirRibakov
2
GOLD Trending Higher - Can buyers push toward 3,300$?OANDA:XAUUSD is trading within a well-defined ascending channel, with price action consistently respecting both the upper and lower boundaries. The recent bullish momentum indicates that buyers are in control, suggesting a potential continuation. The price has recently broken above a key resistance zone and may come back for a retest. If this level holds as support, it would reinforce the bullish structure and increase the likelihood of a move toward the 3,300 target , which aligns with the channel’s upper boundary. As long as the price remains above this support zone, the bullish outlook stays intact. However, a failure to hold above this level could invalidate the bullish scenario and increase the likelihood of a pullback toward the channel’s lower boundary. Remember, always confirm your setups and use proper risk management.
OANDA:XAUUSDLong
by TrendDiva
168
Gold continues to surge to new highs! Market analysis referenceToday's Asian session has directly pulled up from yesterday's multiple rebound highs near 3230. The current relative low has risen by nearly 80 points, and there is a trend of further hitting new highs. Once it breaks the high again, it will continue to hit the 3330-50 line. We have analyzed before that the next big target of the weekly pattern and segmentation cycle is to look at 3400. It is estimated that it will reach it after a few waves of pull-ups. The weekly line last week's big positive also needs to rise inertia this week. The current focus of the day is still on falling back to do more. After the Asian session gold price rose sharply, the European session trend is crucial. If the European session maintains a small sideways fluctuation, then the US session is likely to launch an upward attack again. What needs to be focused on now is the extent of the bulls' callback repair. In view of the current volatile market, the decline of tens of dollars may just be a normal adjustment of the bulls, not a trend reversal. The current support below can refer to the afternoon low of 3280, which can also be used as an important reference for European session operations. The key watershed below may be at the previous top and bottom conversion position of 3245, while the upper key pressure is focused on the 3330-3350 line. On the whole, the short-term operation strategy of gold today is recommended to be long on pullbacks and short on rebounds. The upper short-term focus is on the 3330-3350 line of resistance, and the lower short-term focus is on the 3275-3280 line of support. Friends must keep up with the rhythm. Gold operation strategy reference: Strategy 1: Short gold rebounds near 3330-3340, target near 3305-3290, and look at the 3280 line if it breaks. Strategy 2: Long gold pullback near 3275-3285, target near 3310-3330, and look at the 3350 line if it breaks.
OANDA:XAUUSDLong
by TP_Daniel5
1
Gold hits record high again! Intraday gold trading analysisFundamentally, although risk sentiment improved at the beginning of this week, Trump's policy changes caused gold prices to fluctuate and adjust, but due to the lack of obvious and sustained negative prospects and the uncertainty in the market, gold prices continued to be stabilized by safe-haven demand and strengthened upward. In addition, last week's inflation data was lower than market expectations, which strengthened the prospect of the Fed's interest rate cut. In addition, the monthly chart of the US dollar index has gone out of the 2-year top divergence, suggesting that there is a large and sustained decline in the future market, as well as increased policy uncertainty, which will also provide long-term support for gold prices. Moreover, although the market also expects that tariff policies may push up inflation in the future, US consumer confidence deteriorated sharply in April, and 12-month inflation expectations rose to the highest level since 1981, but this will also enhance gold's anti-inflation appeal and push up safe-haven demand. It is also good for gold prices. Analysts specifically reminded that market liquidity may decline before the Good Friday holiday, and any sudden policy changes may trigger sharp fluctuations. Traders are waiting for the next major fundamental development to drive the gold market, but the technical chart is still bullish. There is still safe-haven demand in the market. Gold is a safe-haven asset in times of political and financial uncertainty. The dollar index was at a nearly three-year low on Tuesday, making gold relatively cheap for buyers holding foreign currencies. Investors are waiting for a speech by Fed Chairman Powell scheduled for Wednesday to look for clues related to interest rates. During the day, attention will be paid to data such as the U.S. retail sales monthly rate in March, the U.S. industrial output monthly rate in March, the U.S. NAHB housing market index in April, and the U.S. commercial inventory monthly rate in February. Although the retail data is expected to be bearish for gold prices, the subsequent overall data is bullish for gold prices. Therefore, the steady trend is still either volatile or continues to rebound and strengthen, and the operation is still biased towards low-multiple bullish. Analysis of gold market trend: Technical analysis of gold: Yesterday, the price of gold always fluctuated in the range of 3210 to 3233. At the opening of today, the price of gold broke through the fluctuation range in one fell swoop and showed an accelerated upward trend. So far, it has successfully refreshed the historical high and reached the 3285 line. Gold opened for risk aversion and directly broke through the new high. The short-term adjustment ended and finally completed the adjustment in a fluctuating manner. This kind of strong bullish market with a breakthrough will basically not have a big decline. Since gold has chosen to break upward, the decline of gold now is an opportunity to go long. The first thing to pay attention to now is the top and bottom conversion position of the support line 3245 below! For intraday short-term trading, the first thing to pay attention to is the support strength near 3245. This position was the previous high point, and pay attention to its top and bottom conversion effect. Secondly, the support level near 3232 should not be ignored. This is the high point of yesterday's fluctuation range. Today's opening price broke through this position and accelerated upward. The top and bottom conversion support role of this position during the decline is worth paying attention to. The 1-hour moving average of gold has begun to turn upward. If the 1-hour moving average continues to diverge upward, the bulls will continue to exert their strength. After gold breaks through 3245, 3245 has formed a short-term support. Go long on dips when it falls back to 3245. The strength of a wave of gold is still there at that time. So after the surge, you must wait patiently for adjustments and continue to go long. Go long when it falls back to around 3248. It is particularly important to point out that the low point of 3211 during the US trading session yesterday is the key support level for the short-term market trend. Once the price effectively falls below this position, it is necessary to be alert that the market may launch a substantial adjustment. On the whole, the short-term operation strategy for gold today is to go long on pullbacks and short on rebounds. The short-term focus on the upper side is the 3285-3290 line of resistance, and the short-term focus on the lower side is the 3245-3240 line of support. Friends must keep up with the pace. ​ Gold operation strategy reference: Strategy 1: Short gold when it rebounds around 3280-3290, target around 3255-3250, and look at 3245 if it breaks. Strategy 2: Long gold when it pulls back around 3245-3250, target around 3260-3275, and look at 3290 if it breaks. ​
OANDA:XAUUSDShort
by TP_Daniel5