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)
Goldpreis
GOLD: What happened?Hello friends
The trend is very bullish and given the recent events in the world, the possibility of a decline is decreasing, so we can buy in pullbacks that the price is making in steps and with capital management and risk, price targets have also been specified.
*Trade safely with us*
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.
Technical indicators warn of the risk of a short-term correctionThe recent gold price has reached a record high, mainly driven by the escalation of global trade frictions and the expectation of the Fed's easing. Although the Trump administration has temporarily revoked tariffs on some goods, it has threatened to impose tariffs on automobiles, semiconductors and pharmaceuticals. The repeated policies have exacerbated the market's risk aversion. At the same time, the market expects the Fed to cut interest rates by 100 basis points in 2025, and the US dollar index has fallen to its lowest level since April 2022, further supporting gold prices.
Technically, gold prices are facing short-term correction pressure, with the key position below being supported by today's lowest point at 3312. If the opening high of 3344 is effectively broken above, it may rise to the 3358-3370 range again. In the medium and long term, trade uncertainty and expectations of monetary easing will still provide support for gold, but we need to be wary of the volatility risks brought about by policy easing or a rebound in the US dollar. Focus on key price breakthrough signals and respond flexibly to short-term fluctuations.
Gold recommendations for the evening: Go long at 3317-3312, with a target of 3340.
Will gold still rise after correction? Market analysis referenceAnalysis of gold market trend:
Technical analysis of gold: Today in the Asian session, gold directly rushed to the 3357 line, continuing the previous upward trend. The spot gold price in the Asian session has once again hit a record high, breaking through $3350 for the first time. The US dollar index fell close to a three-year low, triggering a sharp rise in market risk aversion, pushing up gold prices. The current basic trend of gold rising has not changed, and the bulls are strong. However, from the perspective of time nodes, even if you are bullish today, you must pay attention to the adjustment space at any time. The Asian session hit a high and fell back, and the European session did not continue to rise but fluctuated and fell. Attention should be paid to the second bottoming out in the evening. In addition, the market will be closed tomorrow, Friday, and will not open normally until next Monday; therefore, today, Thursday, we must do a good job of risk prevention; such as short positions, such as adjusting positions, and so on.
In the short term, gold is now likely to start a large range of fluctuations again. The 1-hour inverted V trend has begun. Gold will either start a large range of fluctuations or make adjustments. If there is no support from bullish news in the short term, then the short-term gold bulls may be suppressed. Due to the rest tomorrow, do less and wait and see. Gold will be operated next week in combination with the news over the weekend. The recent market has been ups and downs, and I can finally take a good rest for three days to relax the tense atmosphere. The recent ups and downs of gold are like an electrocardiogram, which affects the hearts of everyone who pays attention to gold. It is mainly too active. Maybe you drink a sip of tea and smoke a cigarette, and gold goes back and forth for more than ten US dollars. So, don't be too bullish today. If you are bold, go short, and if you are prudent, just watch the show! Overall, today's short-term operation strategy for gold is mainly to go short on rebounds, and to go long on pullbacks. The short-term focus on the upper side is 3315-3320 resistance, and the short-term focus on the lower side is 3245-3285 support. Friends must keep up with the rhythm.
Gold operation strategy reference: short gold rebounds near 3315-3320, target near 3295-3285, and look at the 3245 line if it breaks.
Strategy 2: Go long on gold pullbacks near 3280-3285, target near 3305-3315, and look at the 3320 line if it breaks.
Gold hits resistance at highs, is the bull market over?The highest price hit the 3358 line in early trading, but we need to be wary of the risks of chasing higher prices. Tomorrow is Good Friday and the market will be closed for one day. There is a high probability that those who hold long orders may take profits and exit. Yesterday, the price of gold rose sharply after opening at US$3,230, with a single-day increase of more than US$100. The daily line closed positive, but it has fallen slightly after rising in early trading. From a technical perspective, if the price of gold falls below the early morning low of 3343, it may turn into a volatile pattern; if it holds this support, there is still a chance to challenge new highs. The key support is located at the top-bottom transition level of the 3310-3305 first-line area. If it falls further to $3270, we need to be alert to the risk of a short-term correction. The upper resistance is clearly at the intraday high of 3358
Intraday gold operation advice
1. In the short term, you can go short, target the 3310 line, and hold if you break the position.
2. If the support below is strong, go long 3300-3310, with the target at 3335-3345.
If you agree with this point of view, or you have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
FX:XAUUSD FOREXCOM:XAUUSD CAPITALCOM:GOLD OANDA:XAUUSD
Gold continues to surge to new highs! Market analysis referenceToday's Asian session has directly pulled up from yesterday's multiple rebound highs near 3230. The current relative low has risen by nearly 80 points, and there is a trend of further hitting new highs. Once it breaks the high again, it will continue to hit the 3330-50 line. We have analyzed before that the next big target of the weekly pattern and segmentation cycle is to look at 3400. It is estimated that it will reach it after a few waves of pull-ups. The weekly line last week's big positive also needs to rise inertia this week. The current focus of the day is still on falling back to do more.
After the Asian session gold price rose sharply, the European session trend is crucial. If the European session maintains a small sideways fluctuation, then the US session is likely to launch an upward attack again. What needs to be focused on now is the extent of the bulls' callback repair. In view of the current volatile market, the decline of tens of dollars may just be a normal adjustment of the bulls, not a trend reversal. The current support below can refer to the afternoon low of 3280, which can also be used as an important reference for European session operations. The key watershed below may be at the previous top and bottom conversion position of 3245, while the upper key pressure is focused on the 3330-3350 line. On the whole, the short-term operation strategy of gold today is recommended to be long on pullbacks and short on rebounds. The upper short-term focus is on the 3330-3350 line of resistance, and the lower short-term focus is on the 3275-3280 line of support. Friends must keep up with the rhythm.
Gold operation strategy reference: Strategy 1: Short gold rebounds near 3330-3340, target near 3305-3290, and look at the 3280 line if it breaks.
Strategy 2: Long gold pullback near 3275-3285, target near 3310-3330, and look at the 3350 line if it breaks.
The risk-averse frenzy has triggered a massive explosion of gold
📌 Driving Event
The US government's tariffs and rare earths have doubled, highlighting the safe-haven properties of gold.
The Trump administration has recently launched national security investigations into semiconductors, pharmaceuticals and other fields, indicating that the second wave of tariff wars is imminent. Former US Treasury Secretary Yellen bluntly stated that this "self-harming" tariff policy not only fails to achieve the return of manufacturing, but may lead to a break in the global supply chain and push up inflationary pressure. The market's expectations for "stagflation" in the US economy have increased, and gold, as a dual tool for anti-inflation and risk aversion, has significantly increased its appeal.
📊Comment Analysis
At present, gold has basically rushed to the sky. In April, you can basically see the fluctuation range of gold within 70-100 points every day. In this market, you say that fixed points are sometimes really fleeting, and the optimistic resistance is like paper that can be broken at the touch of a button. So is gold really going to the sky? Labaron can only say that under such favorable conditions, it is really hard to see gold fall!
💰Strategy Package
Long position:
Gold is long near 3310, defend near 3290 area, and the target is 3330-37
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
Gold hits record high again! Intraday gold trading analysisFundamentally, although risk sentiment improved at the beginning of this week, Trump's policy changes caused gold prices to fluctuate and adjust, but due to the lack of obvious and sustained negative prospects and the uncertainty in the market, gold prices continued to be stabilized by safe-haven demand and strengthened upward. In addition, last week's inflation data was lower than market expectations, which strengthened the prospect of the Fed's interest rate cut. In addition, the monthly chart of the US dollar index has gone out of the 2-year top divergence, suggesting that there is a large and sustained decline in the future market, as well as increased policy uncertainty, which will also provide long-term support for gold prices. Moreover, although the market also expects that tariff policies may push up inflation in the future, US consumer confidence deteriorated sharply in April, and 12-month inflation expectations rose to the highest level since 1981, but this will also enhance gold's anti-inflation appeal and push up safe-haven demand. It is also good for gold prices. Analysts specifically reminded that market liquidity may decline before the Good Friday holiday, and any sudden policy changes may trigger sharp fluctuations. Traders are waiting for the next major fundamental development to drive the gold market, but the technical chart is still bullish. There is still safe-haven demand in the market. Gold is a safe-haven asset in times of political and financial uncertainty. The dollar index was at a nearly three-year low on Tuesday, making gold relatively cheap for buyers holding foreign currencies. Investors are waiting for a speech by Fed Chairman Powell scheduled for Wednesday to look for clues related to interest rates. During the day, attention will be paid to data such as the U.S. retail sales monthly rate in March, the U.S. industrial output monthly rate in March, the U.S. NAHB housing market index in April, and the U.S. commercial inventory monthly rate in February. Although the retail data is expected to be bearish for gold prices, the subsequent overall data is bullish for gold prices. Therefore, the steady trend is still either volatile or continues to rebound and strengthen, and the operation is still biased towards low-multiple bullish.
Analysis of gold market trend:
Technical analysis of gold: Yesterday, the price of gold always fluctuated in the range of 3210 to 3233. At the opening of today, the price of gold broke through the fluctuation range in one fell swoop and showed an accelerated upward trend. So far, it has successfully refreshed the historical high and reached the 3285 line. Gold opened for risk aversion and directly broke through the new high. The short-term adjustment ended and finally completed the adjustment in a fluctuating manner. This kind of strong bullish market with a breakthrough will basically not have a big decline. Since gold has chosen to break upward, the decline of gold now is an opportunity to go long. The first thing to pay attention to now is the top and bottom conversion position of the support line 3245 below!
For intraday short-term trading, the first thing to pay attention to is the support strength near 3245. This position was the previous high point, and pay attention to its top and bottom conversion effect. Secondly, the support level near 3232 should not be ignored. This is the high point of yesterday's fluctuation range. Today's opening price broke through this position and accelerated upward. The top and bottom conversion support role of this position during the decline is worth paying attention to. The 1-hour moving average of gold has begun to turn upward. If the 1-hour moving average continues to diverge upward, the bulls will continue to exert their strength. After gold breaks through 3245, 3245 has formed a short-term support. Go long on dips when it falls back to 3245. The strength of a wave of gold is still there at that time. So after the surge, you must wait patiently for adjustments and continue to go long. Go long when it falls back to around 3248. It is particularly important to point out that the low point of 3211 during the US trading session yesterday is the key support level for the short-term market trend. Once the price effectively falls below this position, it is necessary to be alert that the market may launch a substantial adjustment. On the whole, the short-term operation strategy for gold today is to go long on pullbacks and short on rebounds. The short-term focus on the upper side is the 3285-3290 line of resistance, and the short-term focus on the lower side is the 3245-3240 line of support. Friends must keep up with the pace.
Gold operation strategy reference: Strategy 1: Short gold when it rebounds around 3280-3290, target around 3255-3250, and look at 3245 if it breaks.
Strategy 2: Long gold when it pulls back around 3245-3250, target around 3260-3275, and look at 3290 if it breaks.
Gold-----Buy near 3260-3280, target 3290-3350Gold market analysis:
Gold hit a new high again in the Asian session. Where is the top? There is no top to speak of. The daily pattern of gold shows that it still has the momentum to continue to rise. The daily line is not weak. Yesterday's repair was just a repair, just a rest. Fundamentals and data are immune to gold. Gold fell slightly when the data was bad, and rose sharply when it was good. In fact, gold itself wants to rise. Today's thinking is undoubtedly to continue to be bullish. Selling is dead in the short term. Bulls will continue to be bullish in the Asian session today based on the position of 3256. We have analyzed before that the next big target of the weekly pattern and segmentation cycle is to look at 3400. It is estimated that it will reach it after a few waves of pull-ups. The weekly line was a big positive last week and there is also a need for inertia to rise this week.
The previous high point of 3245 is the new support. If this position is not broken today, it is basically difficult to change the buying trend of gold. The moving average begins to hover. The small moving average support behind is our opportunity to buy again. The new big support of the day has reached around 3225, which is also the suppression position of yesterday's shock. It is estimated that we have to consider directly chasing again if the Asian session is strong.
Support 3245 and 3256, super support 3225, pressure is invisible, and the strength and weakness watershed of the market is 3256.
Fundamental analysis:
There is not much data this week, but the fundamentals are still many. Note that the market will rest on Friday this week, which is Good Friday.
Operation suggestions:
Gold-----Buy near 3260-3280, target 3290-3350
The opportunity to short gold in the European session has arrive
📌 Driving Event
On Tuesday, US President Trump launched an investigation into the necessity of tariffs on key minerals, the latest move in the expanding trade war. This trade war has affected key areas of the global economy.
📊Comment Analysis
In the morning, gold fell briefly at 3275, and then broke through again.
The current market rises or dives all depend on Trump's words, and today is the 34th trading day since gold rose from 2832 on February 28, and the 8th trading day since it rose from 2956 on April 7. It is likely to be a new round of change time window.
Therefore, I think the current rise is just the main force pulling up and shipping. The European session is alert to the possibility of a sharp decline again! ! !
In terms of the hourly chart, the current 3293 line will be an obvious pressure. The European session recommends actively shorting here! ! !
💰Strategy Package
Short position:
Actively participate at 3290-3300 points, profit target below 3280 points
⭐️ 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
Gold’s latest strategic ideas, mainly short selling on reboundOn Monday (April 14), gold fluctuated slightly and remained around $3,197. Last Friday (April 11), the price of gold broke through $3,200, reaching a historical high of $3,245.26, with a weekly increase of 6.6%, the largest weekly increase since March 2020. This round of rise was mainly driven by the escalation of trade frictions, the plunge of the US dollar, the increase in expectations of the Federal Reserve's interest rate cuts and geopolitical risks. The weak US economic data and rising inflation expectations strengthened the safe-haven properties of gold.
From a technical perspective, the daily level shows short-term correction pressure. On Monday, a small negative column with a long upper shadow was closed. Pay attention to the support of 3180 below. If it falls below, it may fall further. The 4-hour level shows a high-level oscillation pattern, with the upper resistance at 3235-3240 and the lower support around 3200-3180. In terms of operation, it is recommended to focus on high-altitude trading: shorting with a light position near 3225-3235 US dollars. If the gold price rebounds to around 3200 and stabilizes, you can try short-term long. Be alert to the intensification of market volatility.
Gold recommendation: shorting near 3225-3235 on the rebound, target 3205.
Gold prices remain strong, trade war panic boosts safe-haven dem
📌 Driving events
Atlanta Fed President Bostic's statement further strengthened the bullish logic of gold. He bluntly stated that the current economy has fallen into a state of "great pause" and suggested that the Fed maintain policy stability. This policy uncertainty, coupled with potential inflation risks, makes non-yielding gold show a unique charm. Historical experience shows that gold often outperforms other asset classes in a low interest rate environment and policy uncertainty. The current market expects that the Fed may be forced to cut interest rates when inflation is high, and this special situation has created an ideal upside space for gold.
The current gold market is showing a rare perfect resonance between technical and fundamental aspects. Trade war risks, policy uncertainty and inflation expectations together constitute the "golden triangle" of gold's rise. Considering that the potential impact of Trump's tariff policy has not yet been fully released, the Fed's policy path is still uncertain, and gold prices may open up more room for growth after breaking through historical highs. For investors, in the current macro environment, increasing gold holdings may become an important choice to hedge portfolio risks. This risk aversion frenzy caused by the trade war may have just begun.
📊Comment Analysis
From a technical perspective, the upward trend of gold prices has been further confirmed after breaking through the key resistance level of $3,200. Market analysts pointed out that as long as the price of gold remains above the support level of $3,180, the upward channel will remain intact.
Gold prices are trading sideways waiting for prices to rise and continue to hit new highs
💰Strategy Package
Long positions:
Actively participate at 3225-3235 points, with a profit target above 3240 points
Stop loss at 3210
⭐️ 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
Sideways, continue to wait for a new ATH of 3270
📌 Driving Events
Bloomberg reported that gold prices climbed to near record highs as the United States planned to impose more tariffs, further exacerbating investor anxiety.
Bloomberg reported that the Trump administration launched an investigation into semiconductor and pharmaceutical imports, paving the way for tariffs
📊Comment Analysis
Gold prices are sideways, waiting for prices to rise and continue to hit new highs
💰Strategy Package
Long positions:
Actively participate at 3225-3235 points, with a profit target above 3240 points
Short positions:
Actively participate at 3245 points, with a profit target below 3230 points
⭐️ Note: Labaron hopes that traders can manage their funds properly
- Choose a lot size that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
GS raises gold target to $4,000, UBS to $3,500 Goldman Sachs and UBS have issued another round of bullish forecasts for gold, citing ongoing market uncertainty (i.e., tariffs).
Goldman analysts now expect gold to reach $3,700 per ounce by the end of 2025, with a potential rise to $4,000 by mid-2026. UBS holds a slightly more conservative view, projecting $3,500 by December 2025.
Technically, gold has pulled back from new all-time highs seen during the Asian session but potentially remains in a strong uptrend. With prices trading well above both the 50-day EMA and 200-day EMA, shallow retracements may find support, especially as tariff-related risks persist for at least the next 90 days.
Continue to go long during the US trading session
📌 Driving events
The recent global economic situation is complex and changeable, and major events have far-reaching impacts. In terms of trade, although the United States has exempted some products from tariffs, repeated policies have led to increased trade tensions. Asian powers have imposed a 125% tariff on US imports, impacting the global industrial chain and supply chain. Looking ahead to this week, investors need to pay attention to the trade situation and risk aversion. The US "terrorist data" and the European Central Bank's interest rate decision will also affect the global financial market. Policymakers and investors need to respond with caution.
📊Commentary Analysis
In terms of gold, the overall gold price showed a sharp rise last Friday.
As for the four-hour level, the current focus needs to be on the support level of the 3200 area. This position is the key dividing line that determines the short-term trend of gold. If the price is above this position, it will continue to be long in the short term. Let us wait and see, waiting for good news from everyone.
💰Strategy package
Upper pressure——3260-3280
Lower support——3210-3200
Target 3220-30 to continue to do more
Take profit 3250
Stop loss 3210
⭐️Note: Labaron hopes that traders can properly manage their capital
- Choose the number of lots that matches your capital
- Take profit equals 4-7% of the capital account
- Stop loss equals 1-3% of the capital account
Analysis of the latest gold price trends!Market news:
After the Asian trading market opened on Monday, the spot gold price opened sharply lower. After opening slightly lower, the spot gold fluctuated narrowly. Then the London gold price fell further, reaching a low of $3,208/ounce, a plunge of nearly $30 from the closing price last Friday, but it was still supported by bargain hunting. Bloomberg reported that the international gold price fell from its historical high due to the latest US trade news released by US President Trump. As Trump's tariff actions triggered investors' pursuit of safe-haven assets such as gold, the gold price soared by more than 6% last week, breaking through $3,245/ounce for the first time. It was the largest weekly increase since March 2020. This round of gains was jointly driven by the deepening of the trade war, the plunge of the US dollar, the rising expectations of the Federal Reserve's interest rate cuts and geopolitical risks, highlighting the attractiveness of gold as the ultimate safe-haven asset. At the same time, weak US economic data, soaring inflation expectations and huge shocks in the bond market further amplified market panic and accelerated the influx of funds into the gold market. Investors need to continue to pay attention to changes in the International Trade Bureau and market risk aversion this week. Economic data mainly focus on the US March retail sales monthly rate (commonly known as the "terror data") and the European Central Bank's interest rate decision. Elsewhere this week, traders will focus on how some of the world's largest central banks respond to the rapidly changing global economic outlook. The Monetary Authority of Singapore and the European Central Bank are expected to ease monetary policy. Lower interest rates are generally beneficial to interest-free gold.
Technical Review:
Gold has completed a gain of more than $275 in three trading days. The daily structure continues to maintain continuous positive and strong positive closings, the moving average opens upward, and the price runs along the upper track of the Bollinger Band. The short-term four-hour chart price continues to rise along the MA10-day moving average, the moving average opens upward, the Bollinger Band opens upward, and the RSI indicator runs close to the 80-value high. The technical side of gold continues to maintain bullish dominance, and the price continues to run in an upward trend. The trading at the beginning of the week continues to be mainly based on the callback and low-multiple participation layout, with high-altitude assistance.
Judging from the current situation, if the tariff policy is further tightened, the risk aversion sentiment in the global market will inevitably be ignited again, thereby driving the gold price to continue its strong rise. On the contrary, once there are signs of easing of tariff policies, the gold market is very likely to reverse in an instant, falling rapidly or even falling into a situation of plummeting. Therefore, the key guidance of gold trends this week is undoubtedly focused on every subtle change in tariff news. In this market, the influence of a tariff news is so great that all previous technical-based analysis and forecasts are instantly invalid. Looking back at the recent market, we can clearly see that in just three days, the price of gold first fell sharply by $211, and then rebounded rapidly, soaring by $275 in three days. Such drastic and frequent price fluctuations are almost entirely driven by various news, which once again highlights the decisive role of news in the current gold market.
Today's analysis: From a purely technical analysis perspective, the strong performance of the weekly big positive line clearly shows that the current buying power controls the overall market structure. It is worth noting that in the past month or so, the Asian market has formed a unique opening must rise rule. In-depth details of the market, we can find that the low point of gold in the US market, 3220-3215 area, has become a key watershed between buying and selling strength. When the price runs above this area, the market shows obvious strong characteristics; once the price falls below this area, the market is very likely to turn to a weak pattern.Similarly, the Asian session retracement low point of 3185-3190 area also constitutes an important dividing line between buying and selling. If the price remains above this area, buying will dominate; if it unfortunately falls below, the market is likely to quickly switch to selling mode, and even trigger a rapid plunge. Looking at the upper space, there is still great uncertainty. Investors can focus on the new high breakthrough in the 3245-3250 area, followed by the 3265-3260 area and the psychologically important $3,300 mark.As the tariff war continues to deepen, the market generally expects that in the next 1-2 weeks, the gold market will usher in more crazy fluctuations, and its rise and fall is expected to break historical records. Investors need to be vigilant at all times and respond to market changes with caution.
Operation ideas:
Buy short-term gold at 3206-3209, stop loss at 3198, target at 3240-3250;
Sell short-term gold at 3260-3263, stop loss at 3272, target at 3220-3210;
Key points:
First support level: 3210, second support level: 3202, third support level: 3192
First resistance level: 3236, second resistance level: 3246, third resistance level: 3263
XAU/USD) Bullish trand analysis Read The ChaptianSMC Trading point update
technical analysis of Gold (XAUUSD) on a 2-hour timeframe, with a bullish outlook. Here's a breakdown
1. Trend & Structure:
Uptrend Channel: Price is moving within a clear upward channel, respecting the trendline.
Higher Highs and Higher Lows: Indicates strong bullish momentum.
2. Key Zones:
Key Support Level (Yellow Box): Around $3,158.49 – this is the "safe entry point" if price pulls back.
First Entry Point: Around $3,222.76 – likely a breakout entry above a local resistance.
Target Point: $3,378.01 – a projected bullish target based on continuation.
3. Indicators:
RSI (14): Currently above 70 (overbought zone), but still climbing. There's bullish strength, but a pullback may occur soon.
200 EMA: Positioned below current price, confirming the bullish bias.
Mr SMC Trading point
4. Expected Scenarios (2 Paths):
Bullish Continuation: Price keeps rising, respecting the uptrend and hitting the target.
Pullback and Bounce: Price may retrace to the support zone or trendline, then bounce back up to target.
Summary of Idea:
This is a buy setup:
Buy at breakout above $3,222.76 (First Entry)
Safer buy at $3,158.49 (Support Re-test)
Target: $3,378.01
Watch RSI for pullback clues.
Pales support boost 🚀 analysis follow)
Analysis of gold market price structure and trends.Layout ideas。On Thursday, the US dollar index broke down sharply, successfully stimulating the market's risk-averse funds to return to the gold market again, and the gold price rose again. Let's briefly sort it out!
First: The tariff issue of the trade war caused the global market to plummet, and gold fell accordingly. The main reason was that it was necessary to sell gold, recover funds, and fill the capital margin in the stock market, foreign exchange market, and bond market; therefore, gold also plummeted downward in the past few days;
Second: The U.S. dollar index plummeted and broke through, driving market funds back into the gold market, and the gold price hit a record high again;
In yesterday's analysis of spot, you can look back at yesterday's analysis of the daily K indicator. There are two situations, restart Golden cross means breaking the top and reaching a new high. You can look back at yesterday's analysis. This is also a common indicator trend.
Spot gold opened yesterday from 3081 and quickly fell to 3071 before rebounding to around 3100. After that, the price fell back to 3078-80 and rose to around 3132. The price fell back to 3103 from around 3132 and then rebounded to around 3136 and bottomed out around 3113-16 and rose to 3175. The price fell from 3175 to around 3152-54 and then rose again to around 3176 and closed. The opening price fluctuated and rose above 3200. From yesterday's trend: 3180 and 3100 are the bottom supports, but the area around 3100 has fallen back and repaired yesterday, so 3132-36 and 3116 are the current support points. Yesterday, it also directly rose and broke through 3134-36 and then rose without stepping back. At the same time, the price rose to 3174-76 and then retreated to 3152-54, so the current support point is around 3176. The opening price directly rose from this position. Currently, 3190 is the nearest support. Comprehensive important support: ①3176 ②3134 ?③3100 ? The small support distribution in the middle is 3190-3167-3154-3115
Spot gold market analysis:
Ⅰ: Spot gold daily MACD golden cross is initially established, and the dynamic indicator STO quickly repairs upward, which represents the bullish trend of prices. At present, there is no resistance point to judge because it is a historical high, so we can only try it based on small cycle indicators. The current support point of the daily line is located near the MA5 and MA10 moving averages, 3096-3088, and it is not necessary to consider it far away from the candlestick chart.
Ⅱ: Spot gold 4-hour current MACD high golden cross oscillates with large volume, and the dynamic indicator STO is overbought, which represents high-level price fluctuations. Because the indicators are at relatively high levels, they may face short-term peak signals at any time. Currently, we focus on the support line of 3176 near the MA5 moving average.
Ⅲ: Spot gold hourly MACD golden cross is currently oscillating with large volume, and the dynamic indicator STO is running overbought, which means that the hourly line is still oscillating and strong. The current focus is on the 3245 line. If it breaks through 3245 this hour, it will continue to look for highs. Otherwise, a small cycle peaking signal will be formed at this position. The current support below the hourly line is located at the MA5 and MA10 moving averages, and the focus is on the MA10 support 3185 line. Comprehensive thinking: The current price is oscillating at a high level, and the short-term focus is on the 3245 line. If it breaks through, the price will continue to move upward. The current focus below is the support near 3190. If it falls below, the price may move to around 3150-3135.
Strategy: Currently, the 3440-50 area is temporarily set to see pressure adjustment
Go long if the key support is stabilized below, and pay attention to 3187-3170 -3153-you can go long
Gold may face sharp fluctuations,The risk of downside increases!Technical analysis: Gold daily line rose by more than $100 on Thursday, creating a rare single-day increase in more than ten years. The cumulative increase in three days exceeded $200, and the technical indicators were overbought. The current gold price is in the stage of accelerating to the top. In the short term, pay attention to the resistance of the 3245-3250 area, and be alert to the risk of falling back after a high. Although the trend is still strong, the effectiveness of technical analysis is weakened under the guidance of news. It is recommended to focus on high altitude. This week is the fifth week of rising, and the probability of a change on Friday increases.
Ⅰ: The daily indicator macd golden cross is initially established, and the smart indicator sto quickly repairs upward, representing the bullish trend of the price. At present, because it is a historical high, there is no resistance point to judge, so we can only try it based on the small cycle indicators. The current support point of the daily line is located near the moving average MA5 and MA10, 3096-3088, and it is not considered to be far away from the candlestick chart.
Ⅱ: The current macd high golden cross in 4 hours is oscillating with large volume, and the smart indicator sto is overbought, which means that the price is oscillating at a high level. Because the indicators are at a relatively high level, they may face short-term peak signals at any time. Currently, we are focusing on the support line of 3176 near the MA5 moving average.
Ⅲ: The hourly MACD is currently oscillating with large volume, and the dynamic indicator STO is overbought, which means that the hourly line is still oscillating strongly. The current focus is on the 3220 line*. If it breaks through 3220 this hour, it will continue to look for a high point. Otherwise, a small cycle peak signal will be formed at this position. The current support below the hourly line is located at the MA5 and MA10 moving averages, and the focus is on the MA10 support line of 3185. Comprehensive thinking: The current price is oscillating at a high level, and the short-term focus is on the 3220 line*. If it breaks through, the price will continue to move upward. The current focus below is the support near 3190. If it falls below, the price may move to around 3150-3135.
Strategy: Refer to 3440-45 for short selling
Gold buying momentum is off the charts!Market news:
In the early Asian session on Friday (April 11), spot gold continued to rise, reaching a high of $3,220/ounce, setting a new record high. The unexpected slowdown in US inflation dragged down the US dollar, and the international trade war continued to push investors to safe-haven gold. As trade tensions intensified, market risk aversion suddenly heated up, and the price of gold in London soared by more than $200!The first monthly price decline in nearly five years released by the U.S. Department of Labor on Thursday also showed that demand was weak amid growing concerns about a recession caused by tariffs, which also led financial markets to expect that the Federal Reserve may cut interest rates by 100 basis points this year. After the release of the U.S. CPI data, traders bet that the Federal Reserve will resume rate cuts in June, and may accumulate a 1 percentage point cut by the end of this year. Low interest rates are usually good for international gold because gold does not pay interest. As the situation of declining confidence has already formed, Federal Reserve officials are worried that this will further suppress consumption and investment. This week, Fed policymakers said they still believe that tariffs are a blow to economic growth and increase the risk of rising inflation, putting monetary policy at a difficult crossroads. Several Fed officials will still speak on Friday, and investors need to pay attention to them. In addition, they need to pay attention to the performance of the March PPI data, the international trade situation and the changes in market risk aversion.
Technical review:
The gold daily line closed with a big positive line with a gain of more than $100 yesterday. This single-day gain is extremely rare in more than 10 years. The market has been extremely crazy with a rise of $200 in two trading days. On Thursday, gold hit a new high in the US market. Market sentiment completely followed the tariff war. Technical analysis is pale and powerless to grasp it. We can only control risks and reduce positions to operate. The gold price stood on the middle track and the short-term moving average 5MA, that is, the 3030-3040 line, and the closing price was just above the MA10 daily line. This morning, gold continued to rise strongly relying on the MA10 daily line, and the current highest has reached the 3220 line. With such a strong impact, the rapid decline in the three trading days on the daily line has turned into a bottoming out and rebound. Whether it continues to break high or buy correction, it is just that the impact of the tariff war has accelerated the amplitude and time. According to the previous large rise, if the buying sentiment continues to be high, the next position is 3300.
Today's analysis
Gold has risen strongly, continuously setting new historical highs, and the buying momentum is strong! At the 4-hour level, the support level has moved up. The 1-hour moving average of gold has formed a golden cross upward buying arrangement, indicating that gold buying still has the power to rise further. At present, the gold price has set a new historical high, and it is not advisable to rush to chase the rise at this time. The short-term operation strategy can wait for the price to step back, and after stabilizing below, buy in combination with the support level. Today, the highest gold in the Asian session has risen to 3220, and the demand for risk aversion has increased. Most people have a high degree of attention and willingness to buy gold. Judging from the market trend, gold has already stood firm at the previous high of 3167, and the buying trend has continued. In the past few days, the daily increase in gold has exceeded 100 US dollars. I believe that the increase in gold prices today will not be too small, and today's gold is expected to further move towards the 3300 mark. Wait for a correction during the session and buy on the trend!
Operation ideas:
Buy short-term gold at 3177-3180, stop loss at 3168, target at 3220-3230;
Sell short-term gold at 3233-3236, stop loss at 3245, target at 3200-3190;
Key points:
First support level: 3200, second support level: 3185, third support level: 3170
First resistance level: 3223, second resistance level: 3236, third resistance level: 3250
Insight into the gold market situation and seize the opportunityHello everyone! After in-depth research and analysis of the recent market conditions, I believe that the current market has entered the stage of accelerating to the top.
From a technical point of view, such as the MACD top divergence sign, the KDJ indicator oversold, etc., all signs show that the market's upward momentum is gradually weakening, while the price is rising rapidly, which is often a typical feature of the peak stage.
The focus needs to be on the 3225-3235 area. This range has important resistance significance and has dense locked-in disks. On the other hand, through technical analysis tools such as the Fibonacci sequence, this range is also an important pressure range.
For investors with short trading rights, this is a rare opportunity to go high and short. When the price reaches the 3225-3235 area, it is a relatively ideal time to enter the short market. The one-hour moving average golden cross is formed, but after the upper rail of the Bollinger band is broken, the technical overbought risk increases, and the support near 3150 is effective. 80 points are also possible, so don't look at the current trend with a conventional perspective.