Structural analysis and operation suggestions after gold washAnalysis of gold market trend: Gold fluctuated quite a lot yesterday. It rose at the opening yesterday, rising to nearly 60 US dollars, and then fell back after being blocked at the 3167 line. However, it fell below 3100, and the lowest to the top and bottom conversion was around 3054, a drop of nearly 114 US dollars. Beyond expectations, it pulled back to 80 US dollars, and the daily line finally closed with a cross Yin line. The rapid roller coaster is too scary. The market volatility is too large, so you can only watch more and do less. If you encounter non-agricultural data, according to yesterday's trend, the market may not be so big today. After all, it has already ended yesterday. When the price fell sharply, and then there was a sharp rebound to stand firm at 3100, the market of gold yesterday was thrilling, a super roller coaster, and the difficulty of gold operation has increased a lot. However, this kind of market is rare after all. After the ups and downs of gold, it will return to normal. Although today's non-agricultural data, I personally tend to fluctuate in a large range. It is estimated that it will not break yesterday's high point or yesterday's low point. If combined with silver, gold is still oscillating and bearish. At present, it should peak in the short term, and it will choose a direction after a correction.
Gold technical analysis: Therefore, gold is not as strong as before, so it is possible for gold to rise or fall in this state. Pay attention to the previous high of 3150 on the upside, and pay attention to the gains and losses of 3055 on the downside. The 4-hour cycle has cleverly entered the oscillation range. Although the market has gone out of the big drop space, the 4-hour cycle Bollinger has not opened, and the moving average system has not diverged. The effective range for the time being is within 3085/3135. Therefore, if there is no large fluctuation on Friday, you can refer to the range of the 4-hour cycle to do high-altitude and low-multiple transactions. The 1-hour moving average of gold still shows signs of turning downward, but the rise of gold in the US market has not allowed the 1-hour moving average of gold to enter the dead cross pattern, but the gold bulls are not very strong. Of course, there is also the impact of non-agricultural data. It is expected that after the big rise and fall on Thursday, the impact of Friday's data will not be great. Before the release of non-agricultural data, we should operate in the range of 3120-3066. On the whole, the short-term operation strategy of gold today is to short on rebound and long on pullback. The short-term focus on the upper side is 3120-3125 resistance, and the short-term focus on the lower side is 3054-3066 support. Friends must keep up with the rhythm. We must control the position and stop loss, set stop loss strictly, and do not resist single operation. The specific points are mainly based on real-time intraday. Welcome to experience, exchange real-time market conditions, and follow real-time orders.
Gold operation strategy: Short order strategy: Strategy 1: Short gold rebound near 3120-3125, stop loss 6 points, target near 3100-3085, break to see 3065 line;
Long order strategy: Strategy 2: Long gold pullback near 3070-3065, stop loss 6 points, target near 3100-3090, break to see 3110 line;
Goldlong
The last chance for bulls to fight back after the gold crash!After gold rose rapidly, it ushered in a rapid decline. At present, the key support below has moved down to the 3057 line. This is the previous top-bottom conversion level, and it is also the support near the daily 10 moving average. If it does not break here, gold is still in a long correction. After consolidation, it will stand on the 5-day moving average. The line will rise again and hit the previous high. If the level is broken, it will enter the mid-term adjustment. The current lowest market price has touched the first line of 3062, which is closer to the previous high of 3157. We must dare to test near the key support level. Gold is near 3057, and the target is 3100-3105;
Strategy: It is recommended to buy around 3057, stop loss at 3050, target at 3100-05-20;
GOLD Bullish Trend Continues After FVG Test🟢 GOLD is maintaining strong bullish momentum after successfully testing a Fair Value Gap (FVG). A Break of Structure (BOS) confirms the uptrend, with higher lows forming—a clear sign of continuation.
📊 Analysis:
✅ Bullish Trend: The price structure confirms an uptrend with higher highs and higher lows.
✅ Fake Reversal Break of Structure (BOS): A key level has been broken, signaling reversal but based on current momentum that follows it shows Buyers continued strength.
✅ FVG Test Success: Price respected the Fair Value Gap, reinforcing buying pressure.
✅ 🎯 Target: , aligning with .
✅ 📈 Momentum: Strong upward drive suggests further gains ahead.
🔮 Potential Scenario:
The price is likely to continue climbing, forming a new higher high toward the target level.
📢 Confirmation Signals to Watch:
📌 Volume: Increasing volume on bullish moves.
📌 Candlestick Patterns: Bullish signals at key support levels.
📌 Moving Averages: Price holding above critical moving averages.
📌 🚨 Disclaimer: This is not financial advice. Trade responsibly and conduct your own research.
🔗 Tags:
#GOLD #XAUUSD #Bullish #TechnicalAnalysis #TradingView #FVG #BreakOfStructure #TrendAnalysis #PriceAction #MarketAnalysis
Gold (XAU/USD) Technical Analysis: SMC Trading point update
This chart is a technical analysis of Gold (XAU/USD) on a 4-hour timeframe. Here’s a breakdown
1. Ascending Channel:
The price is moving within an upward channel, showing a bullish trend.
Higher highs and higher lows confirm the uptrend.
2. Support and Resistance Zones:
Yellow Boxes: Key support zones where price previously consolidated before moving higher.
Red Arrows: Marking resistance zones where the price faced rejection.
Green Arrows: Indicating support levels where the price bounced.
3. Current Price Action:
Price recently dropped to a key support zone (around $3,050).
A bullish reaction is expected from this level.
If support holds, the price may continue the uptrend toward the target of $3,186.
4. Projected Move:
The black zigzag line suggests a potential bounce from support.
If the support level holds, price could move back up within the channel.
Mr SMC Trading point
Conclusion:
If price respects the support zone, there could be a good buying opportunity.
A break below the support zone would signal potential bearish movement.
Monitoring price action around the yellow zone is crucial for confirming direction.
Pales support boost 🚀 analysis follow )
Is gold going to be eclipsed?
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Timeframe: 240 Min
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The price action suggests a completed impulse structure originating from the 2833 low, with gold now trading at an all-time high. Based on cluster zones and Fibonacci extensions, wave (5) still has the potential to extend toward the 3150-3200 range. This zone represents a key resistance level where buying momentum may slow down, signaling an impending shift in market dynamics.
Once wave (5) completes, it will mark the end of wave ((3)) of a higher degree, setting the stage for a corrective move. A retracement toward the previous wave (4) level is expected as wave ((4)) develops, aligning with historical corrective behavior after extended rallies. This phase will provide crucial insights into the market’s next major move. Stay tuned for further updates.
Is the golden large-scale "roller coaster" near miss?Gold took a large "V"-shaped reversal pattern on Thursday, with the highest hitting 3167 in the Asian session, and continued to fluctuate and fall in the European session. It successfully fell to the lowest 3054 before the US session and then rebounded. As of now, gold has deeply bottomed out and rebounded to 3135. It has now started the oscillation mode. Gold continues to fluctuate in the range of 3100-3135, waiting for the release of the initial jobless claims data in the US session. The data is bearish, and the shorts broke through the 3080 line. After all, the technical adjustment is almost done, and everyone can find opportunities to go long. Later, gold hit the 3054 line and rebounded quickly, and the long orders also recovered the losses. This process is full of thrills and excitement. After all, such a large bottoming rebound is relatively rare. If your current gold operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate with us!
From the 4-hour analysis, pay attention to the short-term suppression of 3130-35 on the upper side, and pay attention to the short-term support around 3100-3106 on the lower side. Pay attention to the support of 3083-3087. After stabilizing above this position, continue to follow the low-long rhythm, and stick to the idea of going long after stepping back. I will remind you of the specific operation strategy during the trading session, so pay attention to it in time.
Gold operation strategy: Go long at 3105-3095
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone,
After completing our 1H, 4H and daily chart idea, we now only have our long term weekly chart idea remaining . We will update new Multi timeframe route maps in preparation for next week on Sunday
Last week we stated that we still had the gap left open at 3094, after candle break above the channel half-line and ema5 lock.
-This gap is now complete!
We will now need this weeks candle to finish and close and/or ema5 lock above 3094 to open the gap above.
We also still have a detachment to ema5 lagging potentially due for further correction. We will look for ema5 lock or body close above or below the levels to confirm the next mid to long term range.
This is the beauty of our channels, which we draw in our unique way, using averages rather than price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Gold price will look new price.XAU longOn the basis of the critical international situation, carrying on Ukraine War and extreme western nations debt. I strongly say that Gold price will look new price this year. next price is between 2500-2600. XAU is on its fifth wave Elliot on the technical logic too.
Gold has been moving big recently, don’t hold it blindly!What is coming has come, more than 100 US dollars a day, the decline is always faster than the rise, and more fierce, after breaking the 3100 watershed, it accelerated downward, the current minimum is 3054, the key position below is 3000/3040, pay attention to the plunge and the card position can also participate in the long, but must be patient to wait for the position.
After the big drop, the stage high point appears, and the follow-up is that both long and short can participate. The first plunge only establishes the high point position, and it is not so fast to turn short. It will fluctuate for a period of time. Generally, major news is an opportunity. The evening news detonates the market, and the main force often uses the news to pull up shipments. If the rebound touches 3110-3120, short it.
GOLD - New All-Time High Again? Where Will This End? Current Price Action:
Gold (XAUUSD) has reached another record high at 3,175.06 on the 4-hour chart, showing strong bullish momentum. The price is currently hovering around 3,127.07 after a minor pullback from the peak.
Key Levels:
Resistance: The all-time high at 3,175.06 is now the key level to watch. A break above could signal continuation of the rally.
Support: Immediate support sits at 3,127.20, with 3,150.00 acting as additional support. A drop below 3,127 could indicate a deeper correction.
Market Context:
The repeated tests of new highs suggest strong buying pressure, though the recent pullback shows some profit-taking. The 3,150 level has flipped from resistance to support, which is a bullish sign.
Trading Considerations:
- Long positions may consider entries near 3,127-3,150 with stops below 3,120, targeting 3,175 and beyond
- Short-term traders might watch for rejection at 3,175 for potential reversal plays
- The overall trend remains strongly bullish, but extended moves often see sharp corrections
Volume and Momentum:
The current pullback appears on relatively low volume, suggesting this may be a temporary pause rather than a trend reversal.
Final Thoughts:
Gold continues its historic rally with no clear resistance in sight. While the trend favors buyers, traders should remain cautious of potential profit-taking at these elevated levels.
Disclaimer: This analysis is for informational purposes only and not investment advice. Always conduct your own research before trading.
The battle for the 3200 mark is imminentThe United States has officially launched a tax increase policy on major global trading partners. The wide range of goods involved and the high tax increase are rare in history. The essence of the tax increase is to require countries to have the same tax rate on US goods as the US export tax rate to them. For example, if Indian motorcycles face a 2.4% tax in the United States, and American motorcycles are taxed 100% in India, the United States will reversely tax Indian motorcycles at 100%. This "tit-for-tat" mechanism directly leads to a surge in the price of imported goods, and companies are forced to restructure their supply chains. Next, once the Federal Reserve starts to cut interest rates, gold is bound to reach a new level. Cutting interest rates is the general trend. When the economy is down, only by cutting interest rates can economic development be stimulated, and raising interest rates will only push the economy to the brink of collapse. The US economy is already in collapse, not on the edge!
After the tariff news, gold quickly retreated to 3105 and then soared, reaching a high of 3168. Gold, hold the position of 3100 US dollars, which is the key to determine the long and short positions. The rising market is not about staring at the high point speculation, but the gains and losses of the key support area. As long as the key support is not broken, the rising trend will not see the top.
Gold operation suggestion: long around 3120-3110
Gold is in the Bullish DirectionHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
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
XAUUSD AnalysisCurrent Price: $3,148.890
Support Zone: $3,145 - $3,148 (Price has respected this level multiple times.)
Resistance Levels:
First Target: $3,155
Second Target: $3,165 - $3,170
Demand Zone Holding: The purple zone represents a demand area where buyers are stepping in.
Potential Breakout: If price holds above $3,145, it could continue its bullish trend.
Sine Wave Indicator: Suggests that Gold is currently at a cyclical low, indicating a possible upward move.
Volume Analysis: Increasing bullish volume supports the case for an upside move.
✅ Bullish Entry: $3,147 - $3,148 (Confirmation needed.)
🎯 Target: $3,155 - $3,170
🛑 Stop-Loss: Below $3,143
Bullish Bias Above $3,145
Potential Move Toward $3,165 - $3,170
Watch for a Breakout Confirmation
The tariff hammer helps bulls rise stronglyTechnical analysis of gold: Affected by fundamentals, gold rose sharply again. The daily line finally closed in the positive zone and maintained a strong high at the opening. Pay attention to the upper and lower support of 3148 during the day. If it holds, it will have the momentum to continue to rise. The 4H cycle will strongly break through the upper Bollinger Band. , moving higher around the moving average support, there is no doubt that it is strongly bullish. At the same time, the middle rail has recovered, and the middle rail is still a key watershed. The lower support is around 3148 and 3138. We will go long according to the strength of the decline during the day, and then gradually look at 3170 and 3200!
Operation suggestion: Gold is long near 3138-40, stop loss at 3130, and look at 3150 and 3170!
Trading discipline: 1. Don't blindly follow the trend: Don't be swayed by market sentiment and other people's opinions. Operate according to your own operation plan. Market information is complicated and blindly following the trend is easy to fall into the dilemma of chasing ups and downs.
2. The market is changing rapidly. There is no general who always wins in this market. Therefore, it is important for us to make corresponding adjustments according to market changes. We must do a good job of protection. There will always be some ups and downs in the market, but there will be a rainbow after the rain. We must not forget our original intention and forge ahead.
Gold (XAU/USD) AnalysisGold (XAU/USD) Analysis
This chart provides a technical outlook on **Gold (XAU/USD)**, showing possible **bullish** and **bearish** scenarios based on price action and support/resistance levels.
Bullish Outlook
Key Support Holding**: Gold is staying above **$3,125-$3,130**, showing buyers are stepping in.
- **Uptrend Structure**: Price is following a rising trendline, meaning bullish momentum is intact.
- **Breakout Zone**: If Gold surpasses **$3,155-$3,160**, it could rally toward **$3,170-$3,180**, as no major resistance exists in that range.
What to Watch?
- A strong breakout with volume above **$3,155-$3,160** confirms upside potential.
- Look for support at moving averages (EMAs) to validate trend continuation.
Bearish Outlook
- **Resistance Rejection**: If Gold fails to break above **$3,155-$3,160**, it might face selling pressure.
- **Break Below $3,140**: If price drops under this level, it could target **$3,125-$3,110**, which is the next key support.
- **Further Downside**: A breakdown below **$3,110** could lead to a deeper decline towards **$3,090-$3,080**.
What to Watch?
- A drop below **$3,140** with strong volume could confirm further downside.
- If selling pressure increases, Gold may retest lower support zones.
Final Thought
Gold is currently in an **uptrend**, but traders must monitor key levels:
✔ **Bullish if** it breaks **$3,160** 📊
✔ **Bearish if** it falls below **$3,140** 🔻
Stay cautious and wait for price confirmation before making a move! 🚀
Gold (XAU/USD) Chart AnalysisGold (XAU/USD) Chart Analysis
**Current Price & Trend:**
- Gold is trading around **$3,132.70**, showing continued bullish momentum.
- The price is **above all key EMAs** (7, 21, and 50), confirming an **uptrend**.
**Key Levels:**
- **Resistance (~$3,140-$3,145)** → Price tested this level but struggled to break higher. A successful breakout could push Gold towards new highs.
- **Support (~$3,127-$3,130)** → The price is holding above this zone; if it remains stable, more upside is possible.
- **EMA 50 ($3,110.38)** → This acts as a dynamic support level. A break below it may signal weakness.
**Bullish Scenario:** 📈
- A **break above resistance** at **$3,140-$3,145** could trigger further upside.
- Volume increase would confirm strong buying momentum, with targets towards **$3,160-$3,170**.
**Bearish Scenario:** 📉
- If the price **fails to hold support** at **$3,127**, a pullback to the **EMA 50 ($3,110)** is likely.
- Breaking below **$3,110** could shift momentum bearish, targeting **$3,070-$3,080**.
**Conclusion:**
Gold remains **bullish** but is facing resistance. A breakout could push prices higher, while failure may lead to a correction. Traders should watch key levels for confirmation. 🚀
Gold Potential Bullish ContinuationWith widespread panic about tariffs, Gold price still seems to exhibit signs of overall Bullish momentum as the price action may form a credible Higher Low with multiple confluences through key Fibonacci and Support levels which presents us with a potential long opportunity.
Trade Plan:
Entry : 3131
Stop Loss : 3095
TP 1 : 3167
Huge Buy for Gold XAUUSD (Trump announces tariffs of up to 25%)How Trump’s 25% Auto Tariffs Could Be a Huge Buy Signal for Gold
The proposed 25% tariffs on automobile imports to the U.S. by former President Donald Trump could have significant economic consequences, many of which could drive gold prices higher. Here’s why:
1. Trade War Fears and Market Uncertainty
A new wave of tariffs could escalate tensions with key trading partners, particularly the European Union, Japan, and South Korea, leading to retaliatory tariffs and a potential global trade war.
Uncertainty in global trade historically increases demand for gold as investors seek a safe haven from market volatility.
2. Higher Inflation and Rising Costs
Tariffs would increase the price of imported cars, leading to higher inflation in the U.S.
Rising inflation typically weakens consumer purchasing power and drives investors toward gold, a traditional inflation hedge.
3. Economic Slowdown and Risk of Recession
Automakers and suppliers may cut jobs or reduce production, impacting economic growth.
A slowing economy could trigger rate cuts from the Federal Reserve, which would lower bond yields and make gold even more attractive as a non-yielding asset.
4. Pressure on the U.S. Dollar
Trade conflicts can destabilize the U.S. dollar, especially if major economies reduce reliance on U.S. exports or retaliate with their own tariffs.
A weaker dollar increases the price of gold, as gold becomes cheaper for foreign investors.
5. Central Bank Demand and Gold Accumulation
If economic uncertainty rises, central banks may increase gold reserves, further boosting demand.
We’ve already seen major central banks accumulating gold at record levels, and new trade disruptions could accelerate this trend.
Conclusion: A Strong Bull Case for Gold
If Trump’s 25% auto tariffs take effect, they could trigger inflation, market volatility, and economic slowdown, all of which are bullish for gold. With central banks buying aggressively and rate cuts likely on the horizon, this could be a major buying opportunity for gold traders.
Would you buy gold in this scenario? Let me know in the comments! 🚀
The long-short sweep may still explodeThe tariffs were also successfully implemented. In response, the market bulls and bears also responded strongly. After all, the 3105-3142 area rose and fell in seconds, which was a terrifying market. Of course, to be honest, this wave of turbulence was mostly caused by institutions. After all, the market smashing was also extremely strong. However, I don’t agree with the impact of the tariffs implemented last night. First of all, looking back at the market situation, Trump said that tariffs would be imposed on many countries, which actually meant a 20% retaliatory tariff on the European Union. As for some other countries, only a 10% general levy was implemented, which relatively resulted in an unequal tariff situation. Of course, Trump also reiterated that Canada and Mexico still have tariff exemptions in a limited range of goods. So what impact will this situation have on the bulls and bears of gold? To be honest, personally, I have undoubtedly overestimated the announcement of this tariff. In other words, the implementation of this tariff is a bit insufficient in my eyes. After all, I expected that Trump would make major changes in his previous speech. As a result, it is a significant reduction compared to his previous years in office. This has also limited the outbreak of risk aversion. Of course, trade risks definitely exist, but through the matter of adding Mexico, this is completely negotiable. For this tariff event, I don’t think there is a big risk stimulus. Of course, the key is to see whether the market buys it. If the market thinks it will stimulate long-term risk aversion, then it will inevitably be pushed up by buying. However, the intensity of yesterday’s tariffs was not strong in my opinion. This may also limit the outbreak of longs to a certain extent. After all, the market’s expectations for it were too strong in the early stage, which also led to the early rise of longs, which also included the digestion of news. For this, you still need to be cautious.
Then looking back at the current market, the tariffs have been implemented, and in a blink of an eye, we will also welcome the announcement of non-agricultural data. As far as the current market is concerned, the various US economic data have also improved relatively. After all, the substantial growth of ADP has undoubtedly dispelled the rumors of economic downturn. After all, the warming of the labor market undoubtedly reflects the warming of the US economy. Under the influence of tariffs, it has indeed boosted the US economy. Of course, the impact of the data is not just that. The current remarks about the slowdown in inflation are self-defeating. Due to the implementation of tariffs, inflation is likely to rise further. This directly hits the Fed's expectations of a rate cut, and the warming of the labor market has further limited the possibility of the Fed implementing a rate cut. In this regard, no matter what the final result of the market outlook is, based on the current situation, I personally think that it is really difficult for the Fed to implement a rate cut this year, which has also led to a reduction in the momentum of gold bulls. Moreover, if this situation continues, the Fed does not rule out the possibility of being forced to implement a rate hike. Although Trump is also calling on the Fed to cut interest rates, the fact is that it cannot be implemented at present, unless the US talks with other countries again during this period to discuss a reduction, as it did with Canada and Mexico. Otherwise, as time goes by, as the tariff issue intensifies, inflation will be restricted, thus affecting the implementation of the Fed's policy. At this time, you can pay more attention to the market dynamics.
So for today, although gold is currently stimulated to rise, I don't quite agree with the emergence of new highs for gold bulls. To put it bluntly, for now, even if a new high appears, gold breaks through 3160, which is more of a possibility of inducing more. I am not saying that I am blindly bearish, but you have actually seen that gold is blocked at a high level, and the momentum of falling back is also extremely strong, especially gold started three consecutive positives last Friday, and as of Tuesday this week, it stopped falling near the highest point of 3149. The bull outbreak is already facing exhaustion. Even if the bulls rise again today, where can they rise, to 3200? Then what? You should know that it is cold at the top. Unless there is absolute bullish momentum to support gold to continue to rise, there will be a peak at any time. The short space is still large, just waiting for an opportunity. In particular, the sharp increase in ADP has led to the market betting on the negative non-agricultural data. Once gold is blocked from rising, it will inevitably collapse in an instant. Especially when this kind of news stimulates gold to rise, retail investors in the market will not consider its fundamentals. They will only think that interest rate cuts are absolutely good for bulls and the implementation of tariffs is absolutely good for bulls, which will lead to buying. This is also a chance for institutions to snipe bulls. For this, for today and tomorrow, even if gold breaks a new high, you should not blindly follow the trend. Remember to guard against the possibility of a resurgence of shorts. In this regard, I personally prefer the possibility of shorts looking back at the possibility of breaking 3100 and falling to 3080-3050. You can be cautious about this.
As for today's opening, gold opened high at 3141, and encountered a flash crash at 3128 at the opening, and then rebounded to 3139 and then flash crashed to 3123. This performance can be said to be extremely strong. In this case, I certainly cannot notify the operation. After all, the fluctuation is too fast. With a quote every second, even if you give an order, you may not be able to enter the market in time. For this, you still need to wait for the market to calm down. As for today's market, the fluctuation may be relatively strong. You can wait and see and be cautious. As for the specific operation details, I will give them in real time. Remember to strictly follow my requirements to control the position and stop loss.
Gold Market and the Impact of Trump’s Tariff PolicyGold prices hit a new all-time high as investors seek safe haven assets amid growing uncertainty in the global economy. After several rounds of market turmoil, investors have recovered somewhat in Asian markets this week. In the coming week, the focus will be on the reciprocal tariff plan that Trump will announce on April 2. If Trump decides to take tough measures and implement high tariffs across the board, it may have a big impact on the market. However, if there is some relaxation of tariff policies, such as tax exemptions for specific countries, then the market may have a chance to rebound.
Trump was proud of Wall Street's record highs during his first term, but now seems to be less concerned about the stock market and more focused on the adjustment of overall economic policies. I think this may be the time to make structural changes to the US economy, although these adjustments may bring challenges in the short term, but the hope is that the economy will recover before the mid-term elections next year.
In addition, Asian stock markets have also been affected by volatility, especially the automotive industries in Japan and South Korea are under pressure. The automotive manufacturing industries in these countries face the challenge of change due to the upcoming 25% tariffs. Investors are full of doubts about Trump's tariff policy, and market sentiment is cautious, and all parties are waiting for the policy announcement on April 2.
In short, although the market has rebounded in the short term, future trends still need to focus on Trump’s tariff decisions and their potential impact on the global economy.
Regional shocks, friends holding positions should pay attention!Technical analysis of gold: Gold first rose and then fell, but the subsequent rebound was indeed quite strong, exceeding our expectations. Gold fell into a large range of fluctuations, which added a certain degree of difficulty to the operation. Although gold rebounded beyond expectations, it still did not break through today's high point, so it is still under pressure in the range of the head and shoulders top pattern. At most, it is still a shock, and there is no need to think about whether it will rise sharply.
The 1-hour moving average of gold has gradually begun to show signs of turning, and the 1-hour gold is also a head and shoulders top pattern. Even if it is pulled back and forth again, gold will continue to fluctuate in a large range. There are more data in the second half of this week, and there are also important events. So gold still needs to wait for news or data to let gold go out of a new round of direction. If gold does not break through the intraday high, we will continue to focus on high altitude. Retracement is supplemented by long positions.
Gold operation strategy: short gold when it rebounds to 3130-3035, stop loss at 3140, target 3120-3110; long gold when it falls back to 3110-3100, target 3120-3130.
Trading discipline: 1. Don't blindly follow the trend: Don't be swayed by market sentiment and other people's opinions, operate according to your own operation plan. Market information is complicated and blindly following the trend can easily lead to the dilemma of chasing ups and downs.
2. In gold trading, we will continue to pay attention to news and technical changes, inform us in time if there are any changes, strictly implement trading strategies and trading disciplines, move forward steadily in the volatile market, and achieve stable asset appreciation.