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
Goldprediction
Gold ideas April 3rd📢 Market Insight of the Day:
Gold continues its moon mission 🚀, fueled by central banks stacking like it’s Black Friday shopping 🛒. Inflation? Still a headache 🤕. Geopolitical tensions? Still spicy 🌶️. The result? Gold remains the MVP of safe-haven assets 🏆.
But hold up—price has tapped major liquidity levels above $3,160 💰. Is this a clean breakout, or is NY about to pull its favorite trick 🃏—a liquidity sweep before a fresh rally? Trap or continuation? That’s today’s game. 🎮
Session Breakdown – How to Play This Plan Before NY
🌙 Asia Session (Now) 🏮
Expect slower movement unless China drops a surprise bombshell 📉💣 (economic data or gold hoarding spree).
If gold sweeps liquidity early, watch for rejections near $3,116 – $3,122 for potential scalp longs 🎯.
If price runs too high now, London might sell off first!
☀️ Frankfurt & London Sessions (Big Moves Start Here) 🇩🇪🇬🇧
This is where the real game begins! 🎮
London loves a fakeout—expect either a sweep of $3,116 before a pump 🚀 OR a stop hunt above $3,160 before a drop.
Buyers: Look for London to wick into our sniper zones before going up.
Sellers: If price spikes to $3,165+ in Frankfurt/London and struggles, short scalps are on the table 🎯.
🔥 NY Session (Final Boss)
By this point, liquidity has been taken somewhere, and NY will either continue trend OR completely reverse it.
If London pushed high, NY might sell off first. If London dumped, NY might pump.
The sniper plays in the plan are mostly for NY, but Frankfurt/London traders can catch setups earlier.
👑 Bottom Line:
Asia = Slow & Steady 🐢 (unless China flexes)
London = The Trap Session 🎭 (watch for fakeouts!)
NY = The Big Move 🎯 (final trend decision)
🎯 💎 High-Probability Trade Setups
🟢 🎯 Buy Setup 1 (Precision Long Play – Trend Continuation)
📍 Entry: $3,122 – $3,116 (OB + FVG demand zone 💰)
⚡ Trigger: M1/M5 CHoCH + bullish engulfing confirmation 📈
⛑️ SL: Below $3,110
🎯 TP1: $3,135
🎯 TP2: $3,150
🎯 TP3: $3,165
📌 Why?
✅ As long as price holds above $3,110, gold is still bullish 🐂.
✅ Order Block + FVG + liquidity grab = sniper confluence 🔥.
🟢 🎯 Buy Setup 2 (Deeper Discount Play – If NY Sweeps Lower Liquidity)
📍 Entry: $3,100 – $3,094 (Major demand zone 💰)
⚡ Trigger: M1/M5 bullish CHoCH or exhaustion wick 🕯️
⛑️ SL: Below $3,090
🎯 TP1: $3,116
🎯 TP2: $3,135
🎯 TP3: $3,150
📌 Why?
✅ Still bullish as long as we stay above $3,090 🚀.
✅ If price nukes below $3,090, don’t fight it 🚨—look for deeper entries.
🟥 🚨 Sell Setup (Liquidity Trap Short – Only If Price Gets Exhausted at Supply)
📍 Entry: $3,165 – $3,179 (HTF supply + liquidity grab zone 🚨)
⚡ Trigger: M5/M15 bearish CHoCH + exhaustion wick 🕯️
⛑️ SL: Above $3,182
🎯 TP1: $3,150
🎯 TP2: $3,135
🎯 TP3: $3,116
📌 Why?
✅ Confluence: Supply zone + liquidity sweep 💦 + exhaustion pattern.
✅ Short scalps only ⚡! If gold stays above $3,150, don’t be a perma-bear. 🐻❌
✅ 📌 Key Takeaways:
✔ Gold remains bullish above $3,100 – buy dips like a pro sniper 🎯, don’t FOMO into highs.
✔ If NY sweeps below $3,110, sniper long opportunities will be on fire 🔥.
✔ Sells are scalps only – favor longs unless $3,090 gets nuked. 💣
✔ NY session is a manipulation master 🎭 – stay patient, don’t chase!
📌 Important Notice!!!
The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your own plan and wait for confirmation before taking action.
XAU/USD(20250403) Today's AnalysisMarket news:
US trade policy-① Trump signed an executive order to establish a 10% "minimum base tariff" for all countries, and will impose reciprocal tariffs, including 20% for the EU, 24% for Japan, 46% for Vietnam, and 25% for South Korea. The tariff exemption for goods that meet the USMCA will continue, and the tariff for those that do not meet the requirements will remain at 25%; ② The US Treasury Secretary called on countries not to retaliate; ③ The base tariff will take effect on April 5, and the reciprocal tariff will take effect on the 9th. In addition, the 25% automobile tariff will take effect on the 3rd, and the automobile parts tariff will take effect on May 3rd; ④ Gold bars, copper, pharmaceuticals, semiconductors and wood products are also not subject to "reciprocal tariffs".
Today's long and short boundaries:
3127
Support and resistance levels
3164
3150
3141
3113
3103
3089
Trading strategy:
If the price breaks through 3150, consider going long, with the first target price at 3164
If the price breaks through 3141, consider going short, with the first target price at 3127
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 - where is current support ? What's next??#GOLD... perfect move as per our discussion and now market again at his current support (that was our resistance )
Keep close the supporting region and if market holds then we can expect a further rise towarss next resistance areas.
Good luck
Trade wisely
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.
GOLD DAILY CHART MID/LONG TERM UPDATEHey Everyone,
This is an update on our daily chart idea that we are now tracking for a while now. If you have only started following us, please read the updates below at the bottom from previous weeks to see how effectively we have been tracking this.
Once again another great day on the markets with our daily chart idea playing out to completion. Yesterday we updated the completion of our 1H chart route map and today we have finally completed this daily chart idea. Our last update we stated that we had the candle body close above 3052 opening 3103 axis target. This was hit perfectly this week completing this chart idea.
We will continue to update our new multi time frame route maps, as usual, with renewed chart ideas on our usual weekly updates.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
OLD UPDATES ON THIS CHART IDEA
MARCH 23RD WEEK UPDAT E
The half line of our unique channel gave the perfect bounce into the next axis target at 2904, inline with our plans to buy dips just like we stated. We now have a body close once again with ema5 cross and lock above 2904 leaving the range above open. We will continue to look for support at the ascending half-line of the channel, as we climb into the range.
PREVIOUS WEEKS UPDATE
After completing our Bullish targets we stated that the channel top will act as resistance confirmed with ema5 rejection. A break of the channel top with ema5 would confirm a continuation and failure would confirm rejection. This allowed us to identify true breakouts against fake outs.
We also stated that we need to keep in mind the channel half line below to establish floor to provide support for the range, should we continue to track further up. A break below the half line will open the lower part of the channel to establish floor on the channel bottom. The safest way to track this movement is by buying dips.
- Once again this played out perfectly as we got the rejection on the channel top followed with the channel half line test, which gave the perfect bounce like we stated. We will now either look for a continuation from this bounce or a cross and lock below the half line for a break into the lower channel floor.
Navigating the Range Ahead of Tariffs Announcement📢 News 📢
President Trump is set to announce new tariffs today, April 2, 2025, at 4 p.m. Eastern Time. This initiative, dubbed "Liberation Day," aims to boost U.S. manufacturing by targeting imports like autos, steel, and pharmaceuticals. 📦💊 However, economists warn that these measures could lead to higher consumer costs and disrupt trade relations. 📉💹
This news might influence market sentiment and could have implications for gold trading. Keep an eye on how the market reacts! 📈💰
📊XAUUSD 1H Analysis (Current Situation)
Market Structure:
The market is in a clear bullish trend with strong momentum from the previous sessions.
Recent price action shows consolidation near 3,132, suggesting a potential liquidity build-up.
There is a higher high formation, but rejection from the supply zone around 3,139 - 3,150.
Key Technical Zones & Confluences:
Supply Zone / Potential Sell Area:
3,139 - 3,150: If price reacts with strong rejections here, a potential short opportunity may emerge.
3,165 - 3,182: If price breaks above 3,150, this is the next key resistance area.
Demand Zone / Potential Buy Areas:
3,110 - Strong Rejection Zone: If price pulls back here and finds bullish confirmations (e.g., bullish engulfing, liquidity grab), a long entry could be valid.
3,092 - 3,075 Potential Buy Zone: A deeper retracement into this level could provide a sniper entry opportunity.
🔴 Sell Setup
Entry Zone: $3,133 - $3,135
SL: Above $3,138 (tight protection)
TP1: $3,128 (first reaction)
TP2: $3,117 (liquidity zone)
TP3: $3,103 (full move)
📌 Reasoning:
Mid-range premium pricing (not at extreme highs but still valid)
Multiple rejections in this zone (potential shift in order flow)
Possible short-term retrace before continuation
🔴 Sell Idea
Entry Zone: $3,145 - $3,150
SL: Above $3,153 (small wick safety)
TP1: $3,132 (reaction level)
TP2: $3,128 (stronger demand)
TP3: $3,117 (full imbalance fill)
📌 Reasoning:
Liquidity grab potential above $3,145
Imbalance & order block confluence
Possible rejection from premium supply
🟢 Buy idea
Entry Zone: $3,094 - $3,089
Stop Loss (SL): Below $3,085
Take Profit (TP) Levels:
TP1: $3,117
TP2: $3,128
TP3: $3,150
📌 Reasoning:
Unmitigated demand zone
Imbalance around $3,094 suggests a reaction
Strong liquidity pockets nearby
📌 Important Notice!!!
The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your own plan and wait for confirmation before taking action.
Gold - Looking To Buy Dips In The Short TermH1 - Bullish trend pattern in the form of higher highs, higher lows structure
Strong bullish momentum
Expecting retraces and further continuation higher until the two Fibonacci support zones hold.
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! 🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Beware of gold tariff changes! Intraday Gold Trading Buckle UpGold news: In the early Asian session on Wednesday (April 2), spot gold fluctuated in a narrow range and is currently trading around $3114.90/ounce. Gold prices rose and fell on Tuesday. Spot gold rose to around the 3150 mark earlier, setting a new record high of $3148.85/ounce, but then fell back due to profit-taking, closing at $3114.03/ounce, down about 0.3%. US President Trump plans to announce comprehensive tariffs on countries with trade imbalances with the United States on April 2, which has spawned a large number of safe-haven buying, helping gold prices to continue to rise, but near the last moment, some bulls took profits in advance. Gold has always been seen as a hedge against geopolitical and economic uncertainties. On Monday, gold closed with its strongest quarterly performance since 1986 and broke through $3,100 per ounce, becoming one of the most significant gains in the history of precious metals.
Technical analysis of gold: Gold 4-hour chart retreated to the middle track and paused for a while. Today, the battle between the high point 3148 and the 4-hour middle track will be fought. Losing the middle track will further increase the adjustment space. On the contrary, holding the middle track to recover the high point will continue the slow rise. The market outlook will continue to cooperate with the slow rise method of one step back and one turn back. That is, the repeated high-exploration and fall method. From the 1-hour chart of gold, the rising volume at the end of the wave-shaped tail is usually not sustainable, accompanied by the one-step back and one-step wash-out method. After yesterday's retreat, today's early trading rose quickly, accompanied by a big negative line in the hourly chart to retrace and correct, and stepped back 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 shorting is against the trend, the implementation of overbought tariffs on the technical level will also be realized, and the room for adjustment cannot be underestimated. We should use ultra-short-term combined with medium and long-term short-term to respond to short-term adjustments. On the whole, today's short-term operation of gold recommends shorting mainly on rebounds, supplemented by longs on callbacks. The top short-term focus is on the first-line resistance of 3138-3140, and the bottom short-term focus is on the first-line support of 3100-3083. Friends, you must keep up with the rhythm. It is necessary to control the position and stop loss, set stop loss strictly, and do not resist the order operation. The specific points are mainly based on real-time intraday trading. Welcome to experience and exchange real-time market conditions. 🌐Follow real-time orders.
Gold operation strategy reference: Short order strategy: Strategy 1: Short stop loss of 6 points near 3136-3138 when gold rebounds, target around 3115-3100, break the position and look at 3085 line;
Long order strategy: Strategy 2: Go long when gold pulls back around 3105-3095, stop loss 6 points, target around 3120-3110, and look at the 3130 line if the position is broken;
Trading discipline: 1. Don’t follow the trend blindly: Don’t be swayed by market sentiment and other people’s opinions, and operate according to your own operation plan. The market information is complicated and complex, 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, notify you 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.
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
Gold (XAUUSD) 30-Min Analysis – Key Levels & Trade SetupPrice Levels:
Current price: 3,126.01
Resistance: 3,136.82 (stop-loss level for short trades)
Support: 3,105.97 (target level for short trades)
Another resistance at 3,155.07 (target level for long trades)
Moving Averages:
EMA 200 (blue line): 3,095.57 – Long-term trend indicator; price is above, indicating a bullish bias.
EMA 30 (red line): 3,123.69 – Short-term trend indicator; price is currently near this level.
Trading Strategy:
The chart appears to be showing a possible short trade setup if price rejects resistance at 3,129.62 - 3,136.82.
If price moves below 3,123.69, it could indicate downside momentum toward 3,105.97.
Alternatively, a breakout above 3,136.82 could trigger a move toward 3,155.07.
Risk/Reward Analysis:
Short setup: Entry near 3,129.62, stop-loss around 3,136.82, target 3,105.97.
Long setup: Entry above 3,136.82, stop-loss below 3,129.62, target 3,155.07.
Conclusion:
Bullish Scenario: If price breaks 3,136.82, a move toward 3,155.07 is likely.
Bearish Scenario: If price stays below 3,129.62, it could drop toward 3,105.97.
EMA 30 as dynamic support/resistance: Watch for price reaction around 3,123.69.
BIG MOVE COMING IN XAUUSD GOLD ! CHECK SWING LEVEL'S BIG MOVE COMING IN XAUUSD GOLD ! CHECK SWING LEVEL'S
Intraday trader's ,Swing trader's follow carefully. Trend is bullish ,no doubt.Short term correction may happen , if sustain below 3127.69 target is around 3097-3089 level.Buying target is 3180 in upcoming days. Best buying zone above 3144 ,for me i'm looking for 3080 if possible.
Gold Next 24 to 48 hours (02/04/2025)OANDA:XAUUSD
Gold is likely to remain within a tight range, possibly edging slightly higher due to ongoing geopolitical tensions and U.S. economic data focus and Tariff, but a significant breakout seems unlikely in just 24 hours. Our estimate is 60% probability that the price stays between $3,105 and $3,150, with a 30% chance of inching above $3,150 and a 10% chance of dropping below $3,105. This is a short-term view only
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XAU/USD 02 April 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Since last analysis price has continued extremely bullish. This is most likely due to market jitters caused by Trump's tariff policy which is driving up the price of gold.
This solidifies gold as a safe haven asset and could lead to repricing.
Price has printed a bearish CHoCH indicating, but not confirming bearish pullback phase initiation.
Price is now contained within an established internal structure. I will however continue to monitor price to evaluate depth of pullback.
Intraday Expectation:
Price to trade down to either discount of internal 50% EQ or H4 demand zone before targeting weak internal high priced at 3,149.090.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as yesterday's analysis dated 01 April 2025
Since last analysis price has continued extremely bullish. This is most likely due to market jitters caused by the trump tariffs.
This solidifies gold as a safe haven asset and could lead to repricing.
You will note price has printed a bearish CHoCH which indicates, but does not confirm, bearish pullback phase initiation. I will however continue to monitor price.
Intraday Expectation:
Price to trade down to either discount of 50% internal EQ or M15 demand zone before targeting weak internal high, priced at 3,149.090.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
Gold Price Analysis April 1D1 candle is still showing a remarkable increase of Gold. Signaling that the uptrend will continue for another half.
The wave in the h4 frame is still continuing a strong uptrend and no correction wave has appeared.
H1 is trading in the border zone of 3126 and 3142. The trading plan for GOLD to close below 3032 shows a clear downtrend to 3106. On the contrary, if the candle closes above, wait for the 3142 zone to confirm that it does not break the price, then SELL to 3106. 3163-3165 is the Target for the BUY signal to break the ATH when the candle confirms above 3143