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Longgold

Correction down after overbought - buying opportunity at good pr🔔🔔🔔 Gold news: ➡️ Gold entered a bullish consolidation phase after reaching a new high on Thursday. A modest rebound in the U.S. dollar and improved risk appetite in the markets limited further gains, especially as the precious metal remains in overbought territory. ➡️ This week’s record-breaking gold rally has been largely driven by the intensification of U.S.-China trade war and ongoing uncertainty over the potential implementation of U.S. tariffs on all major trading partners. ➡️ Rising demand for safe-haven assets, persistent concerns over a possible U.S. economic slowdown, and growing market bets on a Federal Reserve rate cut have continued to support the XAU/USD pair, helping to sustain gold's upward momentum. Personal opinion: ➡️ The upward trend in the price of golden yellow tubers is still intact, however there will be a decline after yesterday's overbought. ➡️ Watch for strong technical zones to earn good profits for you ➡️ Analyze based on important support resistance zones and Fibonacci combined with EMA and trend lines to come up with a suitable strategy Plan: 🔆Price Zone Setup: 👉Buy Gold 3308– 3310 ❌SL: 3303 | ✅TP: 3315 – 3320- 3325 👉Sell Gold 3388– 3390 ❌SL: 3395 | ✅TP: 3383 – 3378 – 3370 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDLong
by FM-ForexMastermind
1
Gold hit target at $3,337 next target? $3,443Since the last update on Gold, the price hit the target yesterday at $3,337. Not only has it been awesome buying and investing in gold stocks, but also trading Gold upside with day trading has been a dream. So why has gold been going up and what's next? 🏦 Central banks are buying tons of gold, especially China — big demand! 🌍 Global tension’s heating up (Middle East, Russia, Taiwan) — so gold’s the safe haven. 💵 Weak USD & interest rate cut hopes make gold more attractive. 📉 Inflation fears aren't gone, so people hedge with gold. 📈 Breakout above resistance means traders are piling in for momentum. Technicals say that the price is going to continue up. It is going up with a slingshot formation of over 60 degrees steep. But if the uptrend holds, we will continue to see it hit the next target at $3,443. Not huge but it's something. Let's see. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATIONSB:XAUUSDLong
by Timonrosso
XAU/USD Trend Early Next Week – 3300 Not Far Away🔔🔔🔔 Gold news: ➡️ The yield on the U.S. 10-year Treasury rose by seven basis points to 4.495%. ➡️ The University of Michigan's Consumer Sentiment Index posted a sharp drop in April, falling from 57.0 to 50.8, indicating growing pessimism among households. ➡️ In March, the U.S. Producer Price Index (PPI) eased to 2.7% year-over-year, down from 3.2% and below expectations of 3.3%, suggesting that input cost pressures are moderating. However, core PPI — which excludes food and energy — remains above 3%, coming in at 3.3% year-over-year, down from 3.5% in February and slightly below the forecast of 3.6%. On Friday, several U.S. banks, including Wells Fargo and Morgan Stanley CEO Ted Pick, warned of a heightened risk of recession. JPMorgan CEO Jamie Dimon estimates the odds of a U.S. recession at 50%. Personal opinion: ➡️ Gold has received strong support from the increasingly risky US-China trade war. And the fear of a US economic recession is being widely discussed. ➡️ There is little news that will strongly affect the price of gold next week. So this will be an opportunity for a short-term technical adjustment of gold to gain momentum to promote the main increase. RSI entering the overbought zone and showing signs of divergence further strengthens this argument. ➡️ Analysis based on resistance - support levels and trend lines combined with RSI to come up with a suitable strategy. Watch for technical recovery zones to get good profits for you. S upport zone: 3217 - 3200 - 3277 Resistance zone: 3247 - 3300 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDLong
by FM-ForexMastermind
1
Maintain in uptrend line- retest ATH 3247🔔🔔🔔 Gold news: ➡️ Federal Reserve Governor Christopher Waller stated that the Trump administration’s tariffs delivered a significant shock to the U.S. economy, potentially forcing the central bank to cut interest rates to avoid a recession. Global risk sentiment improved after the White House announced on Friday that smartphones, computers, and other electronic devices would be temporarily exempt from Trump’s punitive tariffs. ➡️ However, Trump emphasized that these exemptions are only temporary and added that he plans to announce new tariffs on imported semiconductors next week. He also threatened to impose tariffs on pharmaceuticals in the near future. This ongoing uncertainty, along with underlying bearish sentiment surrounding the U.S. dollar, has provided some support for the XAU/USD pair. Personal opinion: ➡️ Today there is not much news that directly affects the gold price so it will remain in the uptrend zone. Watch the technical analysis zones to get good profits for you ➡️ Analyze based on resistance - support levels and Volume profile combined with trend lines to come up with a suitable strategy Plan: 🔆Price Zone Setup: 👉Buy Gold 3188 - 3190 ❌SL: 3183 | ✅TP: 3195 - 3200 - 3205 👉Sell Gold 3244 - 3247 ❌SL: 3252 | ✅TP: 3240 - 3235 - 3230 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDLong
by FM-ForexMastermind
1
Short Term Retracement - Next Target is 3310🔔🔔🔔 Gold news: ➡️ Gold prices continued to hit fresh record highs during Wednesday’s Asian trading session, approaching the significant $3,300 mark. Persistent concerns over an escalating U.S.-China trade war and fears of a U.S. trade war economic recession amid ongoing tariff turmoil has continued to boost demand for the non-yielding yellow metal. ➡️ Another major factor driving funds into gold is the growing speculation that the Federal Reserve will soon resume its rate-cutting cycle, potentially reducing borrowing costs four times this year. Meanwhile, the prospect of aggressive Fed easing policy has failed to attract buyers to the U.S. dollar or trigger any meaningful rebound from its lowest level since April 2022, which was reached last week. As a result, gold prices remain well-supported and appear largely unaffected by minor overbought conditions on the daily chart. Personal opinion: ➡️ Gold's RSI enters the extreme overbought zone and will have a short-term correction. Therefore, you can wait for technical recovery zones to buy gold at a good price ➡️ Note: Limit selling gold because currently the Fomo of the buying side is very large, so selling will be very risky ➡️ Analyze based on resistance - support zones and EMA combined with RSI to come up with a suitable strategy Plan: 🔆Price Zone Setup: 👉Buy Gold 3246 -3248 ❌SL: 3240| ✅TP: 3254 - 3259 - 3265 👉Sell Gold 3310 -3312 ❌SL: 3317| ✅TP: 3305 – 3300 – 3295 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDLong
by FM-ForexMastermind
1
continue to grow, conquer new ATH, XAU⭐️GOLDEN INFORMATION: US economic data delivered mixed signals. Import prices stayed subdued, while the New York Fed Manufacturing Index outperformed expectations, with several internal components also showing strength. However, inflationary pressures resurfaced as prices paid climbed back into expansionary territory, and the six-month business outlook showed signs of weakening. Looking ahead, gold traders will closely monitor March Retail Sales and remarks from several Federal Reserve officials, particularly Fed Chair Jerome Powell’s speech on Wednesday. Additional focus will be on upcoming housing figures and weekly Initial Jobless Claims to gauge the broader economic landscape. ⭐️Personal comments NOVA: After accumulating at the beginning of the week, gold price started to grow strongly reaching 3275 and will continue to move towards the new ATH zone. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3288- 3290 SL 3295 TP1: $3270 TP2: $3250 TP3: $3235 🔥BUY GOLD zone: $3167 - $3165 SL $3160 TP1: $3180 TP2: $3200 TP3: $3220 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDLong
by Nova-Scalper
4
sideway, keep waiting for new ATH 3271⭐️GOLDEN INFORMATION: The US Dollar (USD) continues to face headwinds, failing to mount a meaningful rebound from its lowest level since April 2022, hit last Friday. Lingering concerns over the economic consequences of sweeping tariffs have fueled recession fears, while growing expectations that the Federal Reserve (Fed) will soon restart its rate-cutting cycle keep USD bulls on the back foot. This environment continues to favor the non-yielding Gold, offering support to XAU/USD. However, a temporary tariff reprieve announced by President Trump has helped lift overall market sentiment, potentially limiting further gains in bullion. ⭐️Personal comments NOVA: No news at the beginning of the week, gold price is sideways waiting for price increase and continue to create new ATH ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3271- 3273 SL 3277 TP1: $3260 TP2: $3250 TP3: $3240 🔥SELL GOLD zone : 3244- 3246 SL 3250 scalping TP1: $3240 TP2: $3230 TP3: $3220 🔥BUY GOLD zone: $3189 - $3187 SL $3182 TP1: $3195 TP2: $3210 TP3: $3225 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDLong
by Nova-Scalper
2
chance of slight correction to create bullish momentum🔔🔔🔔 Gold news: ➡️ Gold is retreating from its record high of $3,245 reached early Monday, extending Friday’s late decline. A drop in safe-haven demand and a broad rebound in the US dollar have weakened the yellow metal, amid news that US tariffs on Chinese semiconductors and electronics may not be as severe as expected. ➡️ After surging 6.5% last week, gold prices have slowed at the start of the new week, pausing a three-day record-breaking rally. The latest pullback in gold may be attributed to an improved risk appetite following a turbulent week. Personal opinion: ➡️ Gold will have a slight correction after the strong increase last week. The buyers will temporarily rest to wait for more news to boost the gold price ➡️ RSI enters the overbought zone and shows signs of a bearish reversal ➡️ Analysis based on resistance - support levels and EMA combined with trend lines to come up with a suitable strategy Resistance zone: 3247 - 3260 - 3272 Support zone: 3188 - 3145 Plan: 🔆Price Zone Setup: 👉Buy Gold 3188- 3190 (Scalping) ❌SL: 3186 | ✅TP: 3194 - 3199 - 3205 👉Buy Gold 3166- 3168 ❌SL: 3160 | ✅TP: 3174 – 3180 – 3190 👉Sell Gold 3247- 3250 (Scalping) ❌SL: 3253| ✅TP: 3243 – 3238 – 3235 👉Sell Gold 3260- 3262 ❌SL: 3267| ✅TP: 3255 – 3250 – 3240 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDLong
by FM-ForexMastermind
1 correction to decrease recovery🔔🔔🔔 GBP/USD news: ➡️ The British pound (GBP) extended its intraday rally against the US dollar (USD) at the start of the week, with the GBP/USD pair climbing toward 1.3150 during Monday’s European session. It is now aiming to retest the six-month high of 1.3207, last seen on April 3, as investors continued to sell off the US dollar following the announcement of retaliatory tariffs between the United States and China. ➡️ The US Dollar Index (DXY), which measures the greenback’s value against a basket of six major currencies, dropped to around 99.00—its lowest level in three years. Personal opinion: ➡️ Buyers are taking profits and pausing further upside momentum to monitor further news on the pair ➡️ The RSI is showing signs of falling after entering overbought territory. ➡️ Analysis based on important resistance - support and Fibonacci levels combined with SMA to come up with a suitable strategy Plan: 🔆Price Zone Setup: 👉Sell GBP/USD 1.3180 - 1.3200 ❌SL:1.3230| ✅TP: 1.3125 - 1.3050 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
2
3270, waiting for new ATH gold price⭐️GOLDEN INFORMATION: Gold prices eased during Monday's Asian session as risk sentiment improved, prompting a shift away from safe-haven assets. The upbeat market tone followed Wall Street’s strong rebound on Friday and encouraging developments in the ongoing US–China tariff dispute, temporarily reducing upward pressure on the yellow metal. Last week, China retaliated against the US’s 145% tariff hike by imposing 125% duties on American goods but later signaled it would not respond to any additional escalations. Over the weekend, President Donald Trump floated the idea of targeting Chinese semiconductors and electronics with a separate 20% tariff—indicating a possible shift in strategy from across-the-board tariffs to more focused trade measures. ⭐️Personal comments NOVA: Gold price, buying volume maintained, continuing the upward trend: 3260, 3270 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3270- 3272 SL 3277 TP1: $3260 TP2: $3250 TP3: $3240 🔥BUY GOLD zone: $3168 - $3166 SL $3161 TP1: $3175 TP2: $3190 TP3: $3200 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDLong
by Nova-Scalper
keep aiming for new ATH next week✍️ NOVA hello everyone, Let's comment on gold price next week from 04/14/2025 - 04/18/2025 🔥 World situation: Gold extended its remarkable rally for a third consecutive session on Friday, surging to a fresh record high of $3,245 amid intensifying US–China trade tensions. The precious metal posted impressive gains of over 2% as fears of a prolonged trade war and its potential fallout on the global economy sent investors flocking to safe-haven assets. At the time of writing, XAU/USD is trading around $3,233. The North American session saw China retaliate with a 125% tariff on US imports, following President Donald Trump’s move to raise tariffs on Chinese goods to 145%. The heightened geopolitical strain triggered a flight to safety, propelling Gold higher. Further fueling the rally was a sharp decline in the US Dollar, which tumbled to a near three-year low, with the US Dollar Index (DXY) falling to 99.01. 🔥 Identify: The huge growth shows no signs of stopping, gold prices continue to benefit from tariff policies, continue to find new ATH early next week 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $3255, $3280 Support : $3157, $3070 🔥 NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
1
growth - new ATH - gold hits 3246⭐️GOLDEN INFORMATION: Trump announced Wednesday that tariffs would be temporarily reduced for dozens of countries, offering a short-term reprieve. However, he simultaneously hiked tariffs on Chinese imports to 125% with immediate effect, following Beijing’s retaliatory move to impose 84% duties on US goods. The escalating trade conflict between the world’s two largest economies has reignited concerns over global growth, prompting investors to seek refuge in safe-haven assets like Gold. “Gold is reclaiming its safe-haven status and appears poised to chart fresh all-time highs,” said Nikos Tzabouras, Senior Market Analyst. Meanwhile, scaled-back expectations for aggressive Federal Reserve rate cuts could lend support to the US Dollar, potentially limiting gains for the USD-priced metal. That said, traders still anticipate the Fed will begin easing in June, with markets pricing in a full percentage point of rate reductions by year-end. ⭐️Personal comments NOVA: Gold price continues to increase greatly, the fomo market and attention are focused on the gold investment channel: safe, continue to find new ATH zones ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3245- 3247 SL 3252 TP1: $3230 TP2: $3210 TP3: $3190 🔥BUY GOLD zone: $3168 - $3166 SL $3163 scalping TP1: $3175 TP2: $3183 TP3: $3190 🔥BUY GOLD zone: $3134 - $3132 SL $3127 TP1: $3145 TP2: $3160 TP3: $3175 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDLong
by Nova-Scalper
1
What is the stopping point for this strong Fomo buying?🔔🔔🔔 Gold news: ➡️ Gold prices hit an all-time high of $3,219 during Friday’s Asian session, supported by a weaker U.S. dollar and escalating trade tensions between the United States and China, which boosted demand for traditional safe-haven assets. Meanwhile, expectations of a more dovish Federal Reserve also contributed to the rally. Earlier U.S. economic data released the same day weighed on the greenback, as inflationary pressures eased more than anticipated in March, according to the Consumer Price Index figures. Personal opinion: ➡️ Fomo selling pressure is too strong, and it is very risky to sell now. So waiting for prices to fall to technical levels and buying is the most reasonable decision ➡️ Note: update the latest information on tariffs and the US-China trade war. This is the focus in the coming time ➡️ Analysis based on important resistance - support and Fibonacci levels combined with trend lines to come up with a suitable strategy Plan: 🔆 Price Zone Setup: 👉Buy Gold 3174- 3176 (Scalping) ❌SL: 3169 | ✅TP: 3180 – 3185– 3190 👉Buy Gold 3156- 3158 ❌SL: 3150| ✅TP: 3163 – 3170 – 3180 👉Sell Gold 3235- 3237 (Scalping) ❌SL: 3243| ✅TP: 3230 – 3225 – 3220 👉Sell Gold 3255- 3257 ❌SL: 3262| ✅TP: 3250 – 3245 – 3240 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDLong
by FM-ForexMastermind
1
Main trend is up again - soon to regain 3140 area🔔🔔🔔 Gold news: ➡️ Gold prices extended their earlier recovery to trade near $3,100 in the Asian session on Thursday. Safe-haven demand amid escalating trade tensions between the United States and China provided some support for the precious metal. The selling of the US Dollar (USD) remained unabated amid the prospect of multiple Fed rate cuts in 2025 and continued to benefit Gold prices Personal opinion: ➡️ The main uptrend of gold has returned and the deep correction has ended. So it is safer for you to wait for technical pullbacks to buy at good prices ➡️ Analysis based on important resistance - support and Fibonacci levels combined with trend lines to come up with a suitable strategy Plan: 🔆Price Zone Setup: 👉 Sell Gold 3138 – 3140 ❌SL: 3145 | ✅TP: 3133– 3128 – 3123 👉 Buy Gold 3100 – 3102 ❌SL: 3095 | ✅TP: 3107– 3113 – 3123 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDLong
by FM-ForexMastermind
1
waiting for US CPI news and BOOM- strong increase🔔🔔🔔 Gold news: ➡️The earlier sell-off was likely a result of broad-based asset liquidation, possibly due to margin calls or similar pressures. However, as the selling pressure eased, gold re-emerged as a safe haven during times of uncertainty. Its growing rebound reflects investor concerns over tariff threats and the potential reshaping of global trade norms. ➡️ As protectionist rhetoric intensifies, markets are increasingly pricing in policy uncertainty and the risk of a fundamental shift in established economic and trade frameworks. In this context, gold serves as a strategic hedge—not only against inflation but also against geopolitical fragmentation and the threat of a more chaotic global economic order. Personal opinion: ➡️ The buyers are controlling the situation and maintaining the area above 3100. So a long-term selling position is risky. Consider technical retracement zones to buy at good prices is a reasonable choice ➡️ Analyze based on important resistance - support and Fibonacci levels combined with RSI to come up with a suitable strategy Plan: 🔆Price Zone Setup: 👉 Sell Gold 3154 – 3156 ❌SL: 3145 | ✅TP: 3133– 3128 – 3123 👉 Buy Gold 3100 – 2998 ❌SL: 2993 | ✅TP: 3105– 3101 – 3115 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDLong
by FM-ForexMastermind
1
Gold continues to rise today - waiting for FOMC🔔🔔🔔 Gold news: ➡️ Gold prices remain confined to a range near multi-week lows reached on Monday amid mixed fundamental signals. The ongoing global trade war and growing fears of an economic recession have triggered a prolonged sell-off in stock markets worldwide. Additionally, rising expectations of more aggressive interest rate cuts by the Fed and a weaker US dollar have provided some support for bullion. ➡️ The global focus continues to revolve around US President Donald Trump’s trade war, and the recent calm appears to be only temporary. Market turbulence is expected to resume in the coming days as major economies are likely to announce countermeasures. Personal opinion: ➡️ Gold still maintains its limited upward momentum today and awaits upcoming FOMC news. Potential uncertainties are still the main driving force for gold prices ➡️ Analysis based on resistance - support levels and pivot points combined with EMA and trend lines to come up with a suitable strategy Resistance zone: 2978 - 2957 Support zone: 3033- 3056 - 3073 Plan: 🔆Price Zone Setup: 👉Sell Gold 3032- 3034 (Scalping) ❌SL: 3038 | ✅TP: 3028 - 3024 - 3020 👉Sell Gold 3058- 3056 ❌SL: 3063| ✅TP: 3051 – 3046 – 3041 👉Buy Gold 2956- 2958 ❌SL: 2950 | ✅TP: 2963 – 2968 – 2973 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDLong
by FM-ForexMastermind
3
Is Gold Returning to Its Main Uptrend After a Deep Correction?🔔🔔🔔 Gold news: ➡️ Gold rebounded from its monthly lows to test the $3,000 level during Asian trading on Tuesday, ending a three-day losing streak. Concerns over a potential trade war impacting the U.S. economy and triggering a recession, combined with growing expectations of more aggressive interest rate cuts by the Federal Reserve, have renewed interest in the non-yielding metal. ➡️ Tariff developments are expected to dominate market sentiment in the coming days, involving the direction of all asset classes. These tariffs are likely to drive up inflation while also slowing economic growth. Markets are forecasting a bleak outlook for the U.S. economy, which is expected to have ripple effects on other major economies. As a traditional safe-haven asset, gold is poised to resume its previous upward trend. Personal opinion: ➡️ Gold has begun to recover and has positive signs of increase. ➡️ RSI reversed to increase after entering the oversold zone ➡️ DXY returned to the downtrend, further strengthening this recovery momentum ➡️ Analysis based on important resistance - support levels combined with EMA and trend lines to come up with a suitable strategy Resistance zone: 3014 - 3055 - 3074 Support zone: 2980 - 2964 - 2921 Plan: 🔆Price Zone Setup: 👉Sell Gold 3013- 3015 (Scalping) ❌SL: 3019 | ✅TP: 3010 - 3005 - 3000 👉Sell Gold 3054- 3056 ❌SL: 3062| ✅TP: 3050 – 3045 – 3040 👉Buy Gold 3958- 3960 (Scalping) ❌SL: 2952| ✅TP: 2965– 2970 – 2975 👉Buy Gold 2918-2929 ❌SL: 2912| ✅TP: 2925– 2930 – 2935 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDLong
by FM-ForexMastermind
1
Is the deep downward correction trend over?🔔🔔🔔 Gold news: ➡️ Major stock indexes plunged on Monday as U.S. President Donald Trump showed no signs of backing down from his sweeping tariff plans, prompting investors to bet that rising recession risks might force the Federal Reserve to cut interest rates as early as May. ➡️ Futures markets quickly priced in nearly five quarter-point rate cuts by the Fed this year, sending Treasury yields sharply lower and weakening the U.S. dollar despite its safe-haven appeal. ➡️ The market selloff intensified after Trump reporters told that investors would have to "take their medicine" and that he would not sign a trade deal with China until the U.S. trade deficit is addressed. Personal opinion: ➡️ The trade war is taking place without mercy between the sides. This will be the driving force to make gold prices increase back to their main trend. And it seems that the deep correction has ended ➡️ Analysis based on important resistance - support and Fibonacci levels combined with trend lines and EMA to come up with a suitable strategy Resistance zone: 3056 - 3076 Support zone: 3016 -2979 Plan: 🔆Price Zone Setup: 👉Sell Gold 3077 -3075 ❌SL: 3083 | ✅TP: 3070 – 3085 – 3080 👉Buy Gold 3013 -3015 ❌SL: 3008 | ✅TP: 3020 – 3025 – 3040 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDLong
by FM-ForexMastermind
1
Very wide and strong price range-watch technical zones for profi🔔🔔🔔 Gold news: ➡️ Gold prices opened the week with a sharp decline, hitting a one-month low below the $3,000 mark. However, buyers quickly stepped in, driven by the narrative that rising risks of a U.S. economic recession—fueled by Trump’s tariff war—pose a greater concern than inflation. This has increased expectations that the Federal Reserve will implement aggressive rate cuts this year. ➡️ Still, it remains to be seen whether gold can sustain its modest rebound, especially after Friday’s broad-based selloff, which forced traders to cover losses and meet margin calls by cashing out their gold positions. Personal opinion: ➡️ The sellers are still dominant in the short term, and the bottom of this correction has not yet been determined. Gold prices fluctuate too quickly and strongly, so limit many orders because of high SL risk. Watch for technical zones to make profits and wait for further confirmation of the market trend. ➡️ Analysis based on important support - resistance zones and Fibonacci combined with trends and EMA to come up with a suitable strategy Resistance zone: 3056 - 3076 Support zone: 3077 -3040 Plan: 🔆Price Zone Setup: 👉Buy Gold 3077 -3079 ❌SL: 3070 | ✅TP: 3085 – 3090 – 3095 👉Buy Gold 3040 -3042 ❌SL: 3033 | ✅TP: 3050 – 3060 – 3070 👉Sell Gold 3056 -3058 (Scalping) ❌SL: 3062 | ✅TP: 3050 – 3043 – 3030 👉Sell Gold 3076 -3078 ❌SL: 3083 | ✅TP: 3070 – 3060 – 3050 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDLong
by FM-ForexMastermind
2
Stable Awaiting US NF After Yesterday’s Crazy 2000 Pips Move🔔🔔🔔 Gold news: ➡️ The spot gold price struggled to maintain the $3,100 level during US trading, dropping from a new record high of $3,167.68. The XAU/USD pair surged during Asian trading hours yesterday as market participants panicked following the "Liberation Day" announcement by US President Donald Trump. ➡️ Financial markets were in turmoil amid speculation that inflation would soar while economic progress could stall. Concerns over a potential economic recession in the US grew, along with speculation that the Federal Reserve (Fed) might need to adjust its monetary policy accordingly. The US dollar dropped sharply, and stock markets around the world also declined. Personal opinion: ➡️The drop in gold prices was mostly due to profit-taking by bulls after seeing the RSI of gold enter overbought territory and halting trading to monitor developments. ➡️Yesterday was a very rare crazy day when the gold price fluctuated up and down by 2000 pips. ➡️ Today the market will be slower and less volatile to wait for the NF news from the US to consider the new momentum to push the gold price. So watch the strong technical resistance - support zones to be able to make profits from them. Resistance zone: 3113– 3137 Support zone: 3085 - 3070 - 3060 Plan: 🔆Price Zone Setup: 👉Buy Gold 3084- 3086 (Scalping) ❌SL: 3079 | ✅TP: 3090 – 3093 – 3100 👉Buy Gold 3058- 3060 ❌SL: 3053| ✅TP: 3065 – 3070 – 3080 👉Sell Gold 3128- 3130 (Scalping) ❌SL: 3135 | ✅TP: 3124 – 3120 – 3116 👉Sell Gold 3065- 3067 ❌SL: 3172| ✅TP: 3160 – 3155 – 3150 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDLong
by FM-ForexMastermind
1
Maintain bearish trend awaiting US NFP news✍ ✍ ✍ Gold news: ➡️Gold extended its correction ahead of Friday's Non-Farm Payrolls release, falling below $3,100 as markets remained volatile. Investors remained uncertain about the direction of the market following Trump's retaliatory tariff announcement. Meanwhile, gold continued to face profit-taking pressure while seeking support for its recovery. Personal opinion: ➡️ With the upcoming NFP news, gold prices are expected to remain in a short-term downtrend zone pending this important news. ➡️Analysis based on important resistance - support zones and Fibonacci combined with trend lines and SAM to come up with a suitable strategy Resistance zone: 3112– 3133 -3165 Support zone: 3079 - 3067 - 3058 Plan: 🔆Price Zone Setup: 👉Buy Gold 3077- 3079 (Scalping) ❌SL: 3074| ✅TP: 3082 – 3085 – 3090 👉Buy Gold 3058- 3060 ❌SL: 3053| ✅TP: 3065 – 3070 – 3080 👉Sell Gold 3108 - 3110 (Scalping) ❌SL: 3115 | ✅TP: 3104 – 3100 – 3096 👉Sell Gold 3033- 3035 ❌SL: 3140 | ✅TP: 3128 – 3122 – 3115 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDLong
by FM-ForexMastermind
1
XAU/USD Trend Today - Wide and Unpredictable Trading Range🔔🔔🔔 Gold news: ➡️ The price of gold (XAU/USD) continues its decline after reaching an all-time high on Thursday, though it remains above the $3,100 level in early European trading. Optimistic traders are taking profits and scaling back their positions amid mildly overbought conditions. However, persistent concerns over potential economic harm from President Donald Trump's reciprocal tariffs are expected to support the safe-haven appeal of the precious metal. Personal opinion: ➡️ The effects of the gold price increase are too much. Therefore, the current decline in the gold price to the 3125 area compared to the peak of 3167 is just profit-taking by buyers. Consider strong technical resistance - support zones to get the best profit for you ➡️ Analyze based on resistance - support levels and Pivot points combined with EMA to come up with a suitable strategy Resistance zone: 3137 - 3150 - 3165 Support zone: 3113 - 3100 - 3184 Plan: 🔆Price Zone Setup: 👉Sell Gold 3150 - 3148 (Scalping) ❌SL: 354 | ✅TP: 3145 - 3142 - 3139 👉Sell Gold 3165- 3167 ❌SL: 3172| ✅TP: 3160 – 3155 – 3150 👉Buy Gold 3086- 3084 ❌SL: 3079| ✅TP: 3090 – 3095 – 3110 👉Buy Gold 3100- 3102 ( Scalping) ❌SL: 3095 | ✅TP: 3106 – 3112 – 3120 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDLong
by FM-ForexMastermind
1
Gold Trend Before Tariffs Announced✍ ✍ ✍ Gold news: ➡️ Gold prices fell on Tuesday as traders took profits while awaiting Liberation Day on April 2 in the United States, an event where President Donald Trump is expected to announce additional tariffs aimed at addressing trade deficit imbalances. ➡️ Market sentiment remains mixed, as reflected in U.S. stock markets. Investors are anticipating the latest U.S. tariffs set to be announced on Wednesday, with speculation that they will be applied globally and could reach up to 20%, according to The Washington Post. Personal opinion: ➡️ The uptrend remains strongly reinforced as gold fails to break below the 3100 level. Currently, buyers are taking a break and watching tariff news, so a new ATH is unlikely. The market is expected to move in the range of 3100 - 3150, you should consider strong support - resistance zones to make the best profit ➡️ Analyze based on important support resistance levels and Volume profile combined with EMA to come up with a suitable strategy Resistance zone: 3132 - 3148 Support zone: 3122 - 3113 - 3100 Plan: 🔆 Price Zone Setup: 👉Buy Gold 3112 - 3114 (Scalping) ❌SL: 3109 | ✅TP: 3117 - 3120 - 3125 👉Sell Gold 3147- 3149 ❌SL: 3154| ✅TP: 3143 – 3137 – 3130 👉Buy Gold 3100 - 3098 ❌SL: 3093| ✅TP: 3106 – 3112 – 3118 FM wishes you a successful trading day 💰💰💰
TVC:GOLDShort
by FM-ForexMastermind
3