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Goldprediction

GOLD ROUTE MAP UPDATEHey Everyone, Once again a great day on the market today with our chart idea playing out, as analysed. This chart idea is now fully complete with our final target being completed today. Yesterday after completing 3324 we stated that we needed ema5 lock above 3324 to open 3352. We got the cross and lock above 3324 to open 3352, which was hit perfectly completing this target and this chart idea. We now expect a rejection on this zone and then we can continue to catch bounces from the lower Goldturns. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges. BULLISH TARGET 3261 - DONE EMA5 CROSS AND LOCK ABOVE 3261 WILL OPEN THE FOLLOWING BULLISH TARGET 3292 - DONE EMA5 CROSS AND LOCK ABOVE 3292 WILL OPEN THE FOLLOWING BULLISH TARGET 3324 - DONE EMA5 CROSS AND LOCK ABOVE 3324 WILL OPEN THE FOLLOWING BULLISH TARGET 3352 - DONE BEARISH TARGETS 3230 - DONE EMA5 CROSS AND LOCK BELOW 3230 WILL OPEN THE FOLLOWING BEARISH TARGET 3201 - DONE EMA5 CROSS AND LOCK BELOW 3201 WILL OPEN THE RETRACEMENT RANGE 3179 3152 EMA5 CROSS AND LOCK BELOW 3152 WILL OPEN THE SWING RANGE 3120 3094 EMA5 CROSS AND LOCK BELOW 3094 WILL OPEN THE SECONDARY SWING RANGE SECONDARY SWING RANGE 3069 - 3038 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
10
Gold hits new heights again, price correction may occurThe current consolidation fluctuations are completely in line with my previous predictions. The market has hit new all-time highs again and there is a possibility of moving towards higher levels. The price has now hit the resistance area around 3320, which may mean the possibility of a correction in this area, creating long opportunities. The price has formed a sideways trend around 3220 points, which may be looking for a buy trade signal. In addition to these, there is an ascending trend line below the range, which previously served as both support and resistance. In view of the interest rate cut information released by the European Central Bank today, Quaid expects market volatility to increase. The expected target is the resistance area around 3390 points. The market may continue to rise. On the chart, the price formed a strong positive line, which indicates the continuation of the upward trend. Currently, its price is retracing after hitting a new high. Some consolidation areas can be seen now, which play a supporting role in the bullish market. In addition, there is an ascending trend line, which has been broken many times before. I think that the retracement area of ​​the previous volatility range may be a benign area to expect the continuation of the rise. Quaid recommended: Aggressive trades can be made by going long in the current consolidation area. Smooth trading allows for part-time observation. I hope this analysis can help you. I am Quiad. Seeing my analysis strategy, no matter the past gains and losses, I hope you can achieve investment breakthroughs with my help and turn every tide of the gold market into our wealth wave.
OANDA:XAUUSDLong
by Quaid-1
1
Gold-----Buy near 3300, target 3360-3400Gold market analysis: Currently, the highest peak of gold is 3357. When we analyzed on Monday, we said that the next target of gold is 3400. Is it still far away? At that time, we also encountered a lot of opposition. We were not guessing the top, but just used an indicator of the weekly line to estimate the next target next week. The big rise does not mean the top. We need to follow the big trend this week and continue to buy. Look at Goldman Sachs and ETFs predict that gold will reach above 4000. We are just a short-term trader. In fact, the long-term direction has little to do with us. We need to follow it in the short term. Yesterday, the daily line closed positive. Yesterday, we also arranged to buy at 3270 and 3302. We should not keep buying gold today. The rapid dive in the Asian session has shown that it needs to be repaired. The lowest price in the Asian session is 3320, and the highest price is 3357. This range is the repair range of the Asian session. You can look for profit opportunities here. In addition, its 3320 is not a strong support, but a small support. The strong support is the low point repair position of 3292 in the European and American sessions yesterday, which is also the position of the indicator and the integer mark of 3300. If the Asian session falls back sharply, we should also consider buying opportunities. Buying is the main course, and today's selling is auxiliary. The strong pressure of gold is invisible, with a small pressure of 3357, a small support of 3320, a strong support of 3300-3292, and a watershed of 3300. Fundamental analysis: The recent continuous increase in tariffs has led to a strong rise in gold, and the US dollar has fallen sharply. Today, we will pay attention to the situation of unemployment benefits. Powell's speech last night was to suppress the US dollar. Operation suggestions: Gold-----Buy near 3300, target 3360-3400
OANDA:XAUUSDLong
by BraveTigercat
1
Gold has a top signal, be wary of a retracement today! On Wednesday, as the market waited to see whether Trump would reach a new trade agreement with trading partners, the US dollar index fell again and once fell to around $99. Due to the weakening of the US dollar and the escalation of trade tensions, spot gold continued its record-breaking rise, refreshing its historical high to above $3,340, and soared by more than $100 during the day. Today, Thursday, gold continued its bullish trend last night in the early trading, and once hit a historical high of 3,357 in the early trading. But now we need to be extra careful, because tomorrow is Friday, Good Friday, and the market will be closed all day, which means that today, Thursday, is the last trading day of the week. Currently, long positions in gold are likely to be taken out of the market. Once the long positions are taken out of the market, it is easy to have a large retracement, so we must be careful about this and must not be overly bullish. Today's opening position is around 3342. In the morning, it retreated to around 3320, and then stretched up again. However, it can be found that since it fell below the opening position of 3342, gold has not stood above 3342 again. This is a strong signal of short-term retracement, especially when long positions are about to be profited. Moreover, the hourly chart has a little ABC wave-shaped retracement. Once it comes down, I think it is not a problem to touch 3300-10, and it is not ruled out that it will be lower. Currently, the ma10 moving average position below gold is also at 3300-3310. Therefore, it is not recommended that you chase long orders today, and you should be prepared for the possibility of falling to 3300-3310 in advance. In terms of operation, I suggest that you can enter the market and short near 3340, and the target can be 3300-3310.
FOREXCOM:XAUUSDShort
by Yuliya1l11
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
Trading Smarter, Not Harder: Decoding Institutional MovesThere’s an old saying in trading: “Follow the smart money.” But how do you know where the smart money is going? The answer lies not in guesswork but in data—specifically, the kind of institutional-grade data that most retail traders overlook. If you’re serious about understanding market dynamics, it’s time to dive into the world of **COT (Commitment of Traders) reports** and **options flow data** from the **CME (Chicago Mercantile Exchange)**. These tools are like your personal radar, cutting through the noise to reveal what the big players are doing. Step 1: Understanding the Big Picture – Why Market Sentiment Matters Before we zoom into the specifics, let’s start with the basics. Markets are driven by sentiment—the collective mood of participants. When fear dominates, prices fall; when greed takes over, they rise. But here’s the catch: Retail traders often react to sentiment after it’s already priced in. By the time you see a headline screaming “Market Crashes!” or “Record Highs!”, the opportunity has likely passed. This is where systematic analysis comes in. Instead of relying on emotions or lagging indicators, smart traders use raw data to anticipate shifts in sentiment. And two of the most powerful sources of this data are **COT reports** and **CME options flow**. Step 2: The Commitment of Traders (COT) Report – Peering Into the Mind of Institutions The **COT report**, published weekly by the Commodity Futures Trading Commission (CFTC), provides a breakdown of positions held by different types of traders: commercial hedgers, non-commercial speculators (like hedge funds), and small retail traders. Here’s why it’s invaluable: - **Commercial Hedgers**: These are the “smart money” players—producers and consumers who use futures markets to hedge their risk. For example, a sugar producer might sell futures contracts to lock in prices. Their actions often signal future supply and demand trends. - **Non-Commercial Speculators**: These are the momentum-driven players who bet on price movements. Tracking their positioning helps identify potential reversals. - **Small Traders**: Often considered the “dumb money,” their positions frequently coincide with market tops or bottoms. By systematically analyzing the COT report, you will discover your ability to identify patterns and positioning levels of participants that signal trend reversals or the onset of corrections. Seriously, this will blow your mind! The insights you gain will be so groundbreaking that they will change your trading game forever. Step 3: Options Flow – Real-Time Insights Into Institutional Activity While the COT report offers a macro view, **options flow** gives you real-time insights into institutional activity. Directly through CME data feeds, you can track large block trades in options markets. Here’s why this matters: It will take some time, observation, and comparison with price charts to learn how to uncover insights that lead to trades with a risk-reward ratio of 1:10 or even higher. This isn’t about needing to make options trades; that’s not a requirement. It’s about being able to trade the Forex market much more effectively by using entry points highlighted by options and futures market reports. For example, over the past few weeks, the USD/JPY pair has been in a downtrend. Long before this happened, major players were accumulating positions in call options on the futures for the yen (which is equivalent to a decline in the yen). We discussed this before the drop occurred (you can easily find those analyses on our page ). What’s remarkable is that there are many such insights available. For certain instruments (like precious metals and currency pairs), these insights appear with a certain regularity and provide excellent sentiment for opening positions or reversing positions in the opposite direction. Step 4: Connecting the Dots – From General Trends to Specific Trades Now that we’ve covered the tools, let’s talk about how to apply them systematically. Imagine you’re analyzing the sugar futures market (a favorite among commodity traders): 1. **Check the COT Report**: In the precious metals market, commercials are often positioned short, hedging against the risk of a decline in the underlying asset's value. When their net position hovers around zero , it typically signals a bullish trend for gold prices in the vast majority of cases. 2. **Analyze Options Flow**: when filtering options by sentiment, there are several key factors to consider: - Size and value of the option portfolio - Distance from the central strike (Delta) - Time to expiration - Appearance on the rise/fall of the underlying asset Option portfolios with names such as vertical spread, butterfly, and condor (iVERTICAL SPREAD, IRON FLY/FLY, CONDOR/IRON CONDOR) have predictive sentiment regarding the direction of the asset's price movement. While "naked" options (PUT or CALL options) with above-average volume can signal that the price is encountering a significant obstacle at that level, leading to a potential bounce off that level (support or resistance). 3 **Combine with Retail Positions Analysis**: Look for opportunities to trade against the crowd. If retail sentiment is overwhelmingly bullish, consider a bearish position, and vice versa. This layered approach ensures you’re not just reacting to headlines but making informed decisions based on valuable data. Step 5: Why Systematic Analysis Sets You Apart Here’s the truth: Most traders fail because they rely on intuition rather than evidence. They chase tips, follow social media hype, or get swayed by emotional biases. But markets reward discipline and preparation. By mastering tools like COT reports and options flow, you gain a competitive edge—a deeper understanding market breath! The path of least resistance! Remember, even seasoned professionals don’t predict every move correctly.However, having a reliable structure allows you to maximize profits from transactions, eliminate noise and unnecessary (questionable) transactions. Final Thoughts: Your Path to Mastery If there’s one takeaway from this article, let it be this: The best traders aren’t fortune-tellers; they’re detectives. They piece together clues from multiple sources to form a coherent picture of the market. Start with the big picture (COT reports), zoom into real-time activity (options flow), and then refine your strategy with technical analysis. So next time you open chart, don’t just look at price. Dive into the reports/data before. Ask questions. Connect the dots. Because in the world of trading, knowledge truly is power. What’s your experience with COT reports or options flow? Share your thoughts in the comments below—I’d love to hear how you incorporate these tools into your trading routine! **P.S.** If you found this article helpful, consider bookmarking it for future reference.
OANDA:XAUUSDEducation
by ClashChartsTeam
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
How will gold go? Trader Quaid explains it for youIf there is positive news on the US-China trade situation or profit-taking selling pressure breaks out, it may trigger a sell-off. Gold prices have risen by nearly $700 this year, with tariff wars, expectations of rate cuts and strong central bank buying all helping. The current market trend has become a little out of control and there is a risk of correction. However, the correction we have seen in more than a year has not been large, and every time the market falls back, there is buying waiting behind it. The upward trend in gold prices remains, and buyers are paying attention to the $3,370/ounce level. If it breaks through this level, gold prices will target the $3,400/ounce mark. If gold strengthens further, bulls will further look to key psychological levels such as $3,450/ounce and $3,500/ounce. On the contrary, if gold prices fall below $3,300/ounce, the first support level will be $3,229/ounce, followed by $3,200/ounce. I hope this analysis can help you. I am Quaid. After seeing my analysis strategy, no matter your past gains and losses, I hope that you can achieve an investment breakthrough with my help and turn every tide in the gold market into our wealth wave.
OANDA:XAUUSDLong
by Quaid-1
1
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 Hits Fibonacci 3.618! What’s Next?GOLD (XAU/USD) Quick Analysis – April 2025 Gold just surged to $3,329/oz, reaching the Fibonacci 3.618 extension around $3,338 🚀 The trend remains strongly bullish, but the price is now extended far above key moving averages – signaling potential exhaustion. Key Levels: Support: $2,856 (Fibo 2.618) Next Resistance: $3,635 (Fibo 4.236) 🧭 Outlook: As long as price holds above $2,856 → the bullish structure remains intact 🎯 Strategy: Wait for a healthy pullback → buy the dip near support Or enter on a breakout-retest above $3,338 for potential continuation
TVC:GOLD
by yrizkiakbar
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 Fortune-signal
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
The price of gold is skyrocketing!Market news: In the early Asian session on Thursday (April 17), spot gold rose slightly, once hitting a record high of around $3,357 per ounce. As the trade situation became increasingly tense, investors turned to safe-haven assets. The chairman of the Federal Reserve admitted that economic growth was slowing down, and the U.S. stock market, the U.S. dollar and U.S. bond yields fell sharply, which also provided momentum for the rise of gold prices. International gold prices soared dramatically, and the London gold price broke through the $3,300 per ounce mark and set a new high. Gold still has strong support, including a weaker U.S. dollar, uncertainty about tariff news, and concerns about a global recession. The escalating tensions between the world's two largest economies have hit confidence in financial markets, and investors have begun to flock to assets such as gold for risk aversion. At the same time, the U.S. dollar fell against other major currencies and remained at a nearly three-year low hit last week, meaning that gold has become relatively cheap for buyers holding foreign currencies. This trading day will usher in the European Central Bank's interest rate decision, and the market generally expects a 25 basis point drop; in addition, the changes in the number of initial jobless claims in the United States, the initial value of the annualized total number of building permits in the United States in March, and the annualized total number of new housing starts in the United States in March will also be released, and investors need to pay attention to them. Friday is the Good Friday holiday, and investors also need to be wary of brokers' position adjustments before the holiday. Technical Review: Trends are king. Whether you believe it or not, do it or not, gold continues to set new historical highs, soaring, and soaring. The price continues to run in the trend structure, the buying trend structure is intact, and the daily line continues to close strongly! However, it is necessary to pay attention to the daily price reaching the upper track of the Bollinger band, the four-hour chart is 9 consecutive positive, and the RSI indicator is overbought above the 80 value. It is necessary to pay attention to the emergence of a high-rise and fall-back wash trend. Buy at a low price and wait for a callback to the relative low point layout. 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 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? I can only say that under such favorable conditions, it is really difficult to see gold fall! From a macro level, the daily chart gold price has formed a lasting upward trend since the low of $2536.68. The current price is around $3350, which is significantly higher than all major moving averages, indicating that the long-term bullish momentum is still strong. The golden cross pattern of the MACD indicator on the daily chart continues to develop, indicating that the long-term trend momentum is still upward. This year, the trend cannot be changed. There is a callback squat or sideways consolidation, which are all bullish opportunities; So once the big positive K is closed today, the retracement above the top and bottom support of 3315 will continue to be bullish. As for the height, the third derivative wave of the monthly line is calculated at 3444 by 2 times, which is also the goal of the next stage. Today's analysis: Gold has been crazy recently, and the buying momentum of gold has been galloping all the way. In the past two days, I woke up every day and opened my eyes. Gold has reached a new high again. The buying power of gold is very strong. It was bought at 3342 in the Asian session and harvested at 3355. Although gold is crazy now, we should also pay attention to the purchase of gold at any time. The current trend of gold buying has not changed. Continue to buy when it falls in the Asian session. The 1-hour moving average of gold continues to be a golden cross and the upward buying divergence arrangement. It is difficult for gold to have a big correction if it is strong. After gold began to fall and fluctuate and adjust at the line near 3315 yesterday, gold continued to break upward in the US session. Then the short-term 3315 of gold will form support again. Gold will continue to buy on dips when it falls back to 3315. If gold falls back to around 3320, it can continue to buy. Before there is no particularly obvious sign of a sharp decline, buying has become our only choice, and it is also the best and safest choice! While being bullish, pay attention to the opportunity to fall back. Unless the strength is suddenly strong at that time, don't buy easily. Wait patiently for the opportunity to fall back. How long can gold buying be crazy? No one knows that there is no top when it rises. Since gold is so crazy, what we have to do is follow it. It is difficult for gold to fall sharply before a large-scale sell signal appears! O peration ideas: Short-term gold 3317-3320 buy, stop loss 3308, target 3360-3380; Short-term gold 3387-3390 sell, stop loss 3398, target 3340-3330; Key points: First support level: 3340, second support level: 3332, third support level: 3315 First resistance level: 3363, second resistance level: 3377, third resistance level: 3386
OANDA:XAUUSDLong
by BraveTigercat
XAU/USD(20250417) Today's AnalysisMarket news: U.S. import prices fell 0.1% in March from the previous month, the first month-on-month decline since September last year. Technical analysis: Today's buying and selling boundaries: 3224 Support and resistance levels: 3247 3238 3233 3215 3209 3200 Trading strategy: If the price breaks through 3233, consider buying, the first target price is 3247 If the price breaks through 3224, consider selling, the first target price is 3215Market news: U.S. import prices fell 0.1% in March from the previous month, the first month-on-month decline since September last year. Technical analysis: Today's buying and selling boundaries: 3224 Support and resistance levels: 3247 3238 3233 3215 3209 3200 Trading strategy: If the price breaks through 3233, consider buying, the first target price is 3247 If the price breaks through 3224, consider selling, the first target price is 3215
OANDA:XAUUSDLong
by BraveTigercat
S&P 500 - Key Levels and April 7-11 Weekly Candle StructureApril 7-11 will easily be remembered in 2025 as one of the craziest weeks in modern history. Intraday swings were face ripping all from a Monday "fake news" becoming Wednesday "real news" with the US pausing tariffs for 90 days 5500 major resistance on S&P 4800 major support on S&P I believe the market will struggle to provide any clear direction in the coming weeks without some shift in narrative (for better or worse). I'm sure most traders are hoping for an optimistic tone but be prepared to be disappointed as the world's alliances and economies are being strained with massive uncertainty and angst. There are trading opportunities in the short-term, but I'm not taking any major risks. If I can survive, the upside will be easier and a pleasant surprise. I expect the weekly candles to dance inside the April 7-11 low and high levels and hopefully it provides some ventilation to a VIX > 30
SP:SPX
by ChrisPulver
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