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Gold is rising step by step, and the 3500 mark is in danger 📌 Driving events Geopolitical conflicts are escalating (such as the deterioration of the situation in the Middle East) US CPI data is lower than expected (85% year-on-year) 📊 Comments and analysis Although gold has experienced a correction, the price of gold has quickly risen strongly, and the positive fundamentals have pushed the market to set new historical highs. As of the end of the Asian market, today's gold trend is almost a replica of yesterday (the gold price continued to rise from the Asian market to the US market on Monday). What is a bull market? It is to break the cognition of most people, and the rise makes people doubt their lives. Not seeing it does not mean that it does not exist. Empiricists are destined to be eliminated. The underlying logic of the rise in gold during the financial crisis in 2008 and the rise in gold this year has long changed. 💰Strategy Package Long position: Actively participate at 3470 points, profit target is above 3500 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
OANDA:XAUUSDLong
by Labaron
1
Gold Reaction Zones for April 22XAUUSD – Intraday Reaction Zones Smart Money Concepts | 1H + 4H Structure NY Session Focus 🔻 SELL ZONES (Above Price) 1️⃣ 3500 – 3503 🔸 Psychological round number 🔸 Inefficiency + liquidity magnet 🔸 Watch for reversal wick or M15 CHoCH 2️⃣ 3472 – 3478 🔸 1H supply + previous rejection wick 🔸 Already caused a strong move down 🔸 Valid for short on second test with confirmation 3️⃣ 3564 – 3568 🔸 4H unmitigated supply zone 🔸 High-impact reversal area 🔸 Only in play if NY breaks out with strength 🟢 BUY ZONES (Below Price) 1️⃣ 3440 – 3447 (Currently in play) 🔹 1H OB + imbalance combo 🔹 First support zone for potential bullish reaction 🔹 Watch for rejection or confirmation before entry 2️⃣ 3410 – 3416 🔹 BOS origin zone on 1H 🔹 Imbalance + clean structural base 🔹 Stronger foundation for longs if 3440 breaks 3️⃣ 3350 – 3362 🔹 4H demand 🔹 Multiple rejections and accumulation in past sessions 🔹 Valid for bounce if deeper selloff continues 🧠 Market Context Price broke below 1H HL at 3462 → currently pulling back HTF structure still bullish, but intraday flow is bearish NY may hunt liquidity into lower zones before reversal Confirmation is key — no blind entries 📌 Important Notice!!! The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your plan and wait for confirmation before taking action.
FOREXCOM:XAUUSD
by GoldMindsFX
Gold bulls are unstoppableGold is now too strong, and the rise is not going to end. It continues to rise. Before the gold daily line reverses at a high level, the decline is just an adjustment, not a reversal. However, everyone should also pay attention to the reversal of the high level of the market at any time. Once the situation is not right, you must withdraw in time. With such a violent rise, if the market reverses next, it will also be very rapid. Go long gold 3460-70, target 3495-3500.
OANDA:XAUUSDLong
by TP_Daniel5
Gold's short squeeze continues, and the rally is unstoppable!On Monday, the dollar index plunged to its lowest level since March 2022 as Trump's blast of Powell hurt investor confidence in U.S. assets. Thanks to the weakening dollar and the inflow of safe-haven funds, spot gold opened higher and rose, breaking through the $3,430/ounce mark during the session, setting a new record high and rising by more than $100 during the day. Today, Tuesday, gold continued to rise, and so far the highest has reached near the 3,500 mark. From the hourly chart here: it can be seen that gold has just retreated to around 3,460, and 3,460 is also the support position of the am10 moving average. If the 3,460 moving average cannot be broken here, then gold will continue to test 3,500, or even continue to set new highs. On the contrary, if it falls below the ma10 moving average at 3,460, it may further touch the ma20 moving average support position near 3,440. So, the next operation is actually very simple. If gold stabilizes at 3460-70, you should continue to go long. If it falls below 3460, you need to wait for 3440 to go long. There is no need to look too far for the upper target. Continue to look at the high point of 3500, or even the new high of 3520.
OANDA:XAUUSDLong
by TP_Daniel1
Gold is bearish, don't chase the decline There is no technology to speak of for gold at present. Basically, it is a mindless long position. After breaking the new high again today, a strategy of chasing long positions was decisively given. At present, members who entered the market early have made a profit of 40 points. This market has to be said to be too crazy. Since gold started to rise from the low point of 2956, except for two normal adjustments in the middle, the price of gold has maintained a strong upward trend relying on the MA5 moving average for most of the time. This trend characteristic shows that in a shorter period, the MA5 moving average has become an important support line for the rise in gold prices. As long as the price runs above the MA5 moving average, the bulls will dominate. At present, 3500 is about to arrive in a flash, it is just a matter of time. The current market depends on everyone's courage. There are more than a dozen profits when you enter the long position, which is easy, basically without callbacks, and any callback is an opportunity. In terms of operation, you can continue to do more by relying on the short-term moving average MA5. I am Yulia, and I hope you can gain something and gain insights from my article! A small boat is drifting in the sea. If you don't set sail, you will drift in the sea forever. Only the existing value can truly protect you.
FOREXCOM:XAUUSDLong
by Yuliya1l11
Gold Weekly Outlook: Strong Upward Trend, Continue to Go LongThere is no analysis to be made on gold at present, basically all longs are made, this bull market has to be said to be too crazy. Since gold started to rise from the low point of 2956, except for two normal adjustments in the middle, the price of gold has maintained a strong upward trend relying on the MA5 moving average for most of the time. This trend characteristic shows that in a shorter period, the MA5 moving average has become an important support line for the rise in gold prices. As long as the price runs above the MA5 moving average, the bulls will dominate. At present, 3500 is about to arrive in a flash, it is just a matter of time. The current market depends on everyone's courage. If you go in with a long order, you will definitely make a profit, and it is very easy, with basically no callback. And any callback is an opportunity. In terms of operation, you can continue to go long relying on the short-term moving average MA5. Just like the analysis in Quaid's previous article, you can boldly believe that it can reach the new height you think. Believe in Quaid, believe in yourself, brother, you can do it. 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
New peak of $3,520! Waiting for gold price to reach. New peak of $3,520! Six major events this week detonated gold prices, waiting for gold prices to hit 📌 Driving events 1. Geopolitical black swans fly frequently The tariff war between China, the United States and Europe has escalated comprehensively. The United States has imposed a 104% tariff on China (involving rare earths, semiconductors and other fields), and the European Union has implemented a 21 billion euro retaliatory tariff. The World Bank predicts that global GDP growth may fall by 1.8%. The situation in the Middle East continues to deteriorate. After the breakdown of the US-Iran nuclear negotiations, Israel launched an air strike on Iran's nuclear facilities, pushing gold to rise by more than 3% in a single day. Historical data shows that the average increase in gold during geopolitical crises can reach more than 20%. 2. The Federal Reserve may change its coach US President Donald Trump once again criticized Federal Reserve Chairman Jerome Powell, exacerbating concerns about the independence of the central bank, which has exacerbated uncertainty. Reports that the US government is exploring legal means to remove Powell will only deepen market uneasiness and enhance the attractiveness of gold as a tool to hedge policy and economic instability risks. 3. Global central bank gold purchases hit a record high In 2024, global central bank gold reserves reached 4,974 tons, and China increased its holdings to 73.7 million ounces for 20 consecutive months (accounting for 4.9%). From January to April 2025, the central bank's net gold purchases exceeded 420 tons, accounting for more than 25% of the annual demand. After China's insurance funds enter the market, it is expected that 255 tons of new demand will be added each year. 4. Gold ETF funds are pouring in In the first quarter, global gold ETF funds inflow exceeded US$5 billion, and SPDR's daily inflow reached 226.5 tons (a three-year high). The asset management scale of domestic gold ETFs exceeded 101 billion yuan, and the holdings increased to 138 tons. The holdings of post-00 investors surged by 300%. 5. Inflation and stagflation expectations are rising The US CPI rose 3.5% year-on-year in March, and the core PCE price index hit a 32-year high. The risk of economic "stagflation" strengthened the anti-inflation properties of gold. Citigroup's model shows that if inflation is higher than 3% for a long time, the probability of gold price breaking through $3,500 is over 60%. 6. Technical breakthrough triggers resonance After spot gold broke through the key resistance level of $3,250, it triggered programmatic buying, and speculative long positions accounted for 67%. COMEX gold futures open interest surged 18%, and the premium of the main Shanghai gold contract expanded to 5 yuan/gram, reflecting the strong bullish sentiment in the market. 📊Comment Analysis Geopolitical tensions, rising prices, trade tensions, gold prices benefit 💰Strategy Package Long positions: Actively participate at 3480-90 points, profit target above 3510-20 points Short positions: Actively participate at 3510-00 points, profit target below 3475-65 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
OANDA:XAUUSDLong
by Labaron
2
XAUUSD Market Recap – April 21, 2025 | NY Close Review🟨 XAUUSD Market Recap – April 21, 2025 | NY Close Review 🔹 Price Action: Gold made another aggressive high into ATH 3430, reaching full premium territory with strong upside momentum through London into NY. But the reaction near 3430 was sharp — indicating potential short-term exhaustion. 🔍 What Worked Today ✅ Liquidity sweep complete – Price ran clean through the previous weak high and liquidity above 3425, grabbing the top before rejecting. ✅ Bullish BOS confirmed – Structure remained bullish on all timeframes, with no valid CHoCH break on H1 or H4. ✅ Sniper bias confirmed – Directional buys played perfectly from lower OBs (especially the ones marked pre-Asia and pre-London). 🔍 What Didn’t Happen ❌ No mitigation of lower H1/H4 FVGs – Zones between 3361 and 3387 remain completely untouched. ❌ The 3305–3315 OB area wasn’t retested – Meaning any breakout traders looking for retests were left hanging. ❌ No real signs of reversal structure – Despite the reaction off ATH, we’ve yet to see a proper CHoCH + BOS sequence on H1 or H4. ⚠️ Unmitigated Key Zones 🟦 H1 FVG – 3361 🟦 H4 FVG – 3285.00–3300.00 🟧 H4 OB block – 3224 (untouched, still a strong magnet if sell momentum kicks in) These levels remain high interest for any future discount buy setups if price starts pulling back. 📉 What Was Rejected Today 🔼 3430 – New ATH. Price wicked into this level and rejected instantly with visible CHoCH on M15 and M5, leaving a clear bearish reaction. 🔼 M15 OB – The supply zone around 3425–3430 acted as short-term resistance with an intraday bearish sequence into NY close. 🧠 Market Sentiment 🔸 Still bullish on HTF, but intraday shows clear profit-taking behavior. 🔸 Dollar weakness and geopolitical premium still holding gold up — but overextension risk is real above 3425. 📍 Summary Gold remains in a strong uptrend but may be showing short-term exhaustion after hitting ATH 3430. With unmitigated OBs and FVGs below, any deeper pullback will be liquidity-driven, not structural bearishness… yet. We'll prep the sniper plan separately soon — stay ready. 🧠⚔️
OANDA:XAUUSD
by GoldFxMinds
Gold market analysis referenceAnalysis of gold market trend: Technical analysis of gold: Another daily increase of $100. From the opening to now, the US market has just touched the 3430 line and fell back, but the retracement is still not continuous. Under the current background, the bulls completely dominate the trend. Note that there is no possibility of a sharp drop before the tariff fundamentals are relieved, but this is like a time bomb, so it is best to lock in intraday short-term profits. ​ Gold continued to maintain a shock upward trend during the day and continued to set new highs. The price was close to $3430. Gold is currently maintaining a high shock and strong trend on the daily trend. There is no sign of peaking yet. The 4-hour level trend has been repeating the sideways trend after the rise, and then the continued upward trend after a slight decline. The current rise has slowed down. The hourly level trend is temporarily maintained in a narrow range of shocks, but the strength and continuity of the intraday retracement are not too large. Pay attention to the possible sideways shock and the secondary pull-up after the technical pattern repair. At present, this trend must pay more attention to the adjustment of the small-level cycle trend, and the technical pattern signal is still relatively obvious. Therefore, the current trend can no longer be viewed with conventional thinking, and the high point cannot be judged. It is completely driven by emotions. In the short term, do a good job of risk control to follow the operation. Remember: the current market rise is entirely due to tariffs, and the technical aspect is not of much reference significance. If the tariffs are not eased, gold will be difficult to pull back. Don't guess the high point driven by emotions. Even if the approximate position is given, it is only a reference. No one can tell the real high point. You can only follow the market trend to flexibly adjust the strategy. In the short term, it has risen three times during the day, so you can't chase more. You need to wait for a good retracement later. The hourly line can pay attention to MA10 and MA20 support to go more. Too much rise is not a reason for falling. You just need to pay more attention to risks as you go up. There is no problem with short-term long. The next big target is the 3500 mark. On the whole, today's short-term operation of gold recommends that the callback is mainly long, and the rebound is supplemented by short. The short-term focus on the upper side is 3430-3435 resistance, and the short-term focus on the lower side is 3357-3370 support. Friends must keep up with the rhythm.
OANDA:XAUUSDLong
by TP_Daniel5
Interpretation of gold US market operation ideas! ! !Gold continued to be bullish in the morning, and the 3400 mark has been broken. How will it evolve next? The US dollar index directly fell on Monday morning, and the US Y index fell by more than 8% this year, causing gold to rise in a variable. The rise in gold caused by this situation will be greatly adjusted due to the recovery of the US dollar! The key to winning or losing tonight lies between 20 and 22 o'clock. If the US stock market opens, it will fall below the 98 mark due to the southward movement of the US dollar, creating a new low since April 2022! The market's trust in the US dollar as a global reserve currency has declined! The possibility of turning to other safe-haven assets has increased, thereby increasing the variable of gold rising. If based on this logic, tonight's 20-23 o'clock cycle is the main winning or losing day of this week! Hypothetical principle: If it is postponed to the north during the day, everyone should pay attention to the selling pressure near 3415. As the price changes, the selling pressure is more likely to occur! And the defense line will rise in each round of corrective retracement! Short-term defense line: 3355-3370-3383-3392 Pressure level above: 3430-3458 Risk notice: 1. When everyone is paying attention, long positions may fall at any time, and the range will not be less than 50-80 points! 2. The decline of the US dollar index will lead to a collapse in futures, which will trigger a chain reaction. Traders will face the possibility of gold settlement to fill the gap in other markets!
TVC:GOLD
by AIan_Gold
1
Gold is hard to break through 4000, short sellers are coming Gold prices rose strongly in the Asian session on Monday, approaching the historical high of $3,400 per ounce, as concerns about the global trade situation intensified and the dollar fell to a two-year low due to concerns about economic recession. Despite the overbought signal on the technical side, the market's expectations of the Fed's rate cut and trade concerns continue to attract safe-haven funds to flow into the gold market. Technical side: Gold opened higher on Monday and has now risen from 3330 to 3394, with a range of $65. At present, gold indicators are expected to be severely overbought and a large correction may be needed at any time. In addition, the main force continues to push up gold to prevent the main force from fleeing. Gold is mainly shorted at highs below the 3400 mark! SELL: 3394 Stop loss 3405 TP1: 3375 TP2: 3360
TVC:GOLDShort
by AIan_Gold
1
Gold Ideas 1H Market Analysis - Easter Monday 21st of April✅ XAUUSD – 1H Market Analysis (April 21, 2025 – NY Open Prep) 🕊️ Market Reminder: It’s Easter Monday, and London + German markets are closed, so price may behave oddly due to lower European liquidity. NY might be more manipulative — expect traps, not clean momentum. 🧠 Current Market Context Price is holding firm at new ATH: 3397 We’ve entered the "danger zone" — structure is still bullish but we’re deep in premium No bearish CHoCH on 1H — but momentum is slowing down visibly Clean higher lows since April 17 low (around 3284), all protected so far 🔺 Zones ABOVE Price (Premium Trap Zones) 🔺 Zone Range Notes 🟥 Premium Liquidity 3405–3414 Prior ATH + fib extension + ADR high – ideal NY fakeout zone 🔻 Spike Risk Zone 3425–3445 Overextended 1.272–1.414 fibs – only in case of news/fake rally ⚠️ Exhaustion Layer 3455–3470 Extension of fib projection (1.618 zone) – major trap risk if touched 🟢 Zones BELOW Price (Discount Value Areas) 🟢 Zone Range Notes 💧 Minor Imbalance 3373–3380 Quick scalp retrace area – only valid on clean rejection wick or M5 OB ⚙️ Intraday Balance 3350–3360 Great sniper re-entry zone – clean imbalance + OB overlap – 💥 HOT ZONE 🟩 Demand Base 3325–3305 Deep value OB + macro continuation zone – long setup if we fully retrace 🧱 Institutional Support 3284–3288 Clean CHoCH origin – trend-defining demand, invalidation if broken 📍 Structure Summary 1H still bullish, no bearish BOS ADR is almost maxed out, so NY might trap above 3400 and then sweep lower No fair retrace since 3360 breakout — buyers are sitting below, not above Major liquidity pools now exist both above 3410 and below 3350 🔥 Bias: Cautiously bullish, but we’re due for a shakeout. 🔻 If NY pumps into 3410–3425 and fails → fade it. 🟢 If price returns to 3350–3360 → sniper buy zone. 📉 No blind trades today. Let price trap first. 📌 Important Notice!!! The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your plan and wait for confirmation before taking action.
FOREXCOM:XAUUSD
by GoldMindsFX
The opportunity to retracement has come Concerns about the escalation of the US-China trade war and the independence of the Federal Reserve pushed the dollar to a three-year low. Gold prices resumed their record rebound and approached $3,400 an ounce. The dollar weakened against almost all major currencies amid light trading during the Asian holiday. The general weakness of the US dollar and increased safe-haven demand continue to bode well for the price of traditional safe-haven gold. The dollar continues to weaken, and gold hits a new high! The dollar will fall sharply as Trump's aggressive tariff policy and slowing US economic growth weaken investor confidence and threaten the dollar's long-standing global dominance. Growing concerns about US trade strategy and economic slowdown are casting a shadow on the dollar's strength, and deteriorating economic indicators, coupled with the continuous expansion of tariffs, are undermining global confidence in the dollar. The sell-off of the dollar gained momentum on Monday as US President Trump is considering whether he can fire Federal Reserve Chairman Powell. What do you think of today's gold trend! Let's make a simple analysis. First of all, in terms of the trend yesterday, I emphasized in the member group that the price should be long at 3300 and look for an increase. However, the sharp rise at the opening did not give a chance for a retracement, and it went straight forward for a large-scale breakthrough. Does that mean that the bulls' rise has begun? Is 3400 going to break through directly? Because the retracement that finally appeared in the daily rhythm was directly broken, according to the current rhythm, the 4-hour trend is continuously positive, so in this kind of continuous positive market, there will be concerns about the emergence of a negative line. So fear of heights is also inevitable here. Only after the negative line correction appears, it may continue to be bullish, so today's arrangement is relatively simple, waiting for the opportunity of high sideways trading, and continue to follow up with long orders on the retracement, while paying attention to the strong pressure of the 3400 integer mark above! Gold: Retracement to 3345 long, defend the 30 watershed, target 3380-94! Enter short orders near 3395-3398 on the pullback, defend 6 US dollars,
FOREXCOM:XAUUSDShort
by Yuliya1l11
1
Trump's high tariff policy triggers risk aversion, gold price apGold prices maintained a strong upward trend during the Asian trading session, approaching the integer mark of $3,400 during the session, setting a record high. The main driving force is the market's growing concerns about US President Trump's latest tariff policy. Trump recently announced that tariffs of up to 145% would be imposed on goods from some Asian countries, and some categories even reached 245%. According to market surveys, Asian countries also immediately imposed tariffs of up to 125% on US products, triggering concerns about the risk of a global economic downturn. The current policy and trade uncertainties will continue to support the buying enthusiasm of non-yielding assets such as gold. Despite the strong bull market, the technical side shows that gold is already in an overbought state, and the daily RSI index exceeds 70, indicating that there may be an adjustment or consolidation trend in the short term. If there is a pullback, the support levels are $3,350, $3,328 and $3,300, respectively, and the key support is in the $3,284 area. Next focus of the market This week, the market will focus on the upcoming global PMI preliminary data, which will provide further guidance on the health of the global economy. At the same time, the speech of Chicago Fed President Goolsbee may also have a certain impact on the trend of the US dollar. Judging from the current multiple factors, the price of gold is still strong in the short term due to the support of risk aversion. However, the overbought signs on the technical side cannot be ignored, and the short-term adjustment will provide a more stable foundation for the medium-term rise. Quide's operation suggestion: 3380 long, stop loss 3270, take profit above 3400. I am Quaid. 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
The market bullish trend continues, operation strategy.Driven by multiple favorable factors, the international gold price has continued to hit record highs this year, reaching $3,357/ounce by the close of last Friday. Although a technical correction signal appeared after hitting a record high last Thursday, it eventually closed above $3,320/ounce, with a real positive line on the weekly line and short upper and lower shadows, indicating that there is still inertial upward momentum this week. It is worth noting that while the market is expected to correct overbought at the end of the week, there are still funds that choose to buy on dips, resulting in a bottoming-out and rebound trend in gold prices last Friday, and finally closed at $3,327/ounce, further strengthening the bullish trend. From the perspective of technical analysis, the correction on Thursday last week was supported at $3,284/ounce, which is more resilient than the previously expected $3,245/ounce previous high conversion support, so it can be adjusted to a short-term long-short watershed. The focus on the suppression effect of the historical high of $3,357/ounce is needed above. If there are major changes in the news over the weekend, especially in trade frictions and Fed policy expectations (such as Trump's remarks continue to pressure the Fed to cut interest rates), the probability of gold going up will be significantly increased. Based on the current technical form and fundamental factors, this week's gold trading strategy recommends that the callback is mainly long, supplemented by short-term rebound short selling. In terms of specific operations, the first long order entry point can refer to $3310/ounce, which is both the ladder support level of the previous high callback and the technical retracement confirmation point. The stop loss can be set at $3290/ounce, and the target is $3389/ounce. If this resistance level is effectively broken, the upper space can be further expanded to the $3410/ounce area. Comprehensively judged, today's short-term operation of gold recommends callback long as the dominant idea, rebound short selling as an auxiliary strategy, focus on the pressure of the $3400-3420/ounce range above, and focus on the $3370-3360/ounce support level below.
OANDA:XAUUSDLong
by TP_Daniel5
When will gold's continued surge peak? Market analysis referenceTechnical analysis of gold: The recent gold bulls are very strong. No matter the daily or weekly charts, there is no peak signal. We previously estimated that 3400 is coming. Does anyone still question our prediction? However, the ups and downs of gold have made short-term operations more difficult. Last Thursday, the daily chart showed a deep V-shaped market. It was broken by 3300 and thought that the big shorts had begun. In fact, it was just a normal technical sell-off in the market before the holiday. Finally, it rebounded again in the middle of the night. Today's Asian session was even crazier, directly rising to around 3395. The big rise is not a top. Don't guess or intercept it. Moreover, this wave of market fluctuations is also the most in history. It has refreshed multiple records. For novices, surviving in such a market is the best. In the 4-hour level, the price has made a small V-shaped reversal and continued to maintain a relatively strong trend along the short-term moving average. The 1-hour moving average continues to form a golden cross and upward bullish arrangement. Gold rose directly in the Asian session, breaking through the short-term downward trend and directly breaking through the previous high of 3357. Then the short-term 3357 of gold has formed support. Gold will continue to buy on dips when it falls back to 3357 in the Asian session. However, it should be noted that if gold falls below 3357 again, the adjustment range may increase. Recently, gold has been rising wildly under the stimulation of safe-haven. In this emotional market, you can only follow the trend, because gold keeps hitting new highs and no one knows where it will rise. However, don't chase more easily at high levels. After the volatility increases, the amplitude of each callback is not small. Opportunities are waiting. On the whole, the short-term operation strategy of gold today is to buy on callbacks and sell short on rebounds. The short-term focus on the upper side is 3405-3410 resistance, and the short-term focus on the lower side is 3357-3360 support. Friends must keep up with the rhythm
OANDA:XAUUSDLong
by TP_Daniel1
1
Gold fulfills weekly review expectations, Go long on the declineGold opened higher and continued to set new highs with strength, which is in line with our weekly review ideas and expectations. The weekly line closed with a full big positive, and there are still high points to be seen this week. After breaking the high on the daily line, it also continued to rise, and the shape remained strong. Before there is a high test and fall back, the short-term will continue to force a short rise, constantly setting new highs, and will not give the bears any breathing room. Therefore, the long idea remains unchanged this week. In the 4H cycle, it rebounded and strengthened relying on the middle track. The middle track support is at 3286, but the strong trend makes it difficult to have a large retracement space. The intraday short-term support remains at 3346, and if it is extremely strong, pay attention to the top and bottom support of 3358. In terms of operation, go long according to the strength of the decline, and gradually look up to 3380 and 3400. Short-term volatility increases. The specific layout is combined with the shape, and the notice before the market opens shall prevail! Operation suggestion: Go long near gold 3346-3340, look at 3380, 3400! If it is very strong, buy gold at 3360-55!
OANDA:XAUUSDLong
by TP_Daniel5
The opening surge hit another record high! How Gold is TradedAnalysis of gold market trend: Technical analysis of gold: the opening price rose directly during the day, the bulls were strong, and a new historical high was set. The short-term upward trend remains, and there is still room for growth. In the short term, attention should be paid to the suppression of 3380-90. If it breaks, it depends on the 3400 mark. In fact, I have been reminding everyone that gold is still very strong. Looking back at last week, although gold occasionally fell, it still maintained an upward trend, and the trend is still running according to the rhythm of the bulls. So now it has broken the previous high point again, so many investors are confused again. Can it still rise? Can short orders still be made? My point of view is bullish. There is actually no strong pressure above, judging from the current K-line structure! Even if it retreats, it will only be the acceleration point of the next wave of rise. The probability of 3340 returning here is very high, but it is not so easy to break through in one breath. There will definitely be repeated at that time. At that time, we will get on the train again and do more, and a new high. The 4-hour chart relies on the middle track of Bollinger Bands as a support point, and the area near the retracement point ends as far as possible. The middle track is the critical point of the short-term. Last week, it stabilized at 3286 on the middle track. This week, the middle track moved up to 3300. At the beginning of the week, the short-term may rise slowly around the middle track to a new high. The slow release of space is also accompanied by a step-by-step and back-to-back shock. The volatility base is large in operation, and it is flexible to deal with it in combination with the pattern. Going long on the retracement is still the main idea at present. The support point is 3340-3335. On the whole, it is recommended to go long on the pullback and short on the rebound for today's short-term operation of gold. The short-term focus on the resistance of 3380-3390 on the upper side and the support of 3335-3340 on the lower side. Friends must keep up with the rhythm. Gold operation strategy: short gold near 3380-3390 at the opening, target near 3370-3360, and look at 3340 if it breaks. Strategy 2: Buy gold when it falls back to around 3340-3345, target around 3365-3375, and look at 3400 if it breaks.
OANDA:XAUUSDShort
by TP_Daniel1
We're looking for the market to revisit the support zoneWeekly Gold Analysis: XAUUSD Gold is currently trading at its highest high, showcasing a strong bullish trend. Recent price action has formed a bullish pinbar candlestick pattern, indicating potential buying interest. Key Support Zone: - Daily timeframe support zone: $3192.70 - $2168.70 - 50% Fibonacci retracement level, adding confluence to the support zone Trading Strategy: 1. Buy Setup: We're looking for the market to revisit the support zone ($3192.70 - $2168.70) for a potential buying opportunity. 2. Alternative Scenario: If the market doesn't revisit the support zone, we'll wait for consolidation at current prices and look for bullish signs before entering a long position. Weekly Outlook: We'll monitor gold's price action closely and provide updates on any developments. Stay tuned for our analysis and guidance on potential trading opportunities. Key Levels to Watch: - Support zone: $3192.70 - $2168.70 - Current price: - Fibonacci levels: 50% retracement level Let's see how gold performs this week!
OANDA:XAUUSD
by Peter_Wade