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Xauusdanalysis

Risk aversion drives gold surging wildlyGold opened at $3,332 and closed at $3,424 yesterday, surging $92 throughout the day. The daily K-line formed a large bullish candle with minor upper and lower shadows, marking a nearly 3% gain and demonstrating a strong upward momentum. Trump criticized Federal Reserve Chair Powell via social media, calling him a "big failure" and demanding immediate rate cuts, which intensified market uncertainty about the Fed's monetary policy and pushed the DXY lower. The U.S. plan to impose new tariffs on solar products imported from Cambodia, Malaysia and other countries, combined with the long-term uncertainty of its comprehensive tariff policies, has fueled global risk aversion. Investors are withdrawing from U.S. dollar assets and turning to gold for hedging, serving as the core driver behind the sharp gold rally. Overall, gold maintains a bullish trend in the long, medium and short terms, but short-term overbought correction risks need to be watched out for in technicals. It is recommended to focus on buying on dips, paying close attention to the retracement confirmation opportunity at the short-term support level of $3,440. Meanwhile, set reasonable take-profit and stop-loss levels to avoid volatility risks from chasing highs. XAUUSD buy@3440-3450-3460 tp:3480-3490-3500 I hope this strategy will be helpful to you. When you find yourself in a difficult situation and at a loss in trading, don't face it alone. Please get in touch with me. I'm always ready to fight side by side with you, avoid risks, and embark on a new journey towards stable profits.
OANDA:XAUUSD
by H_C_12
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
Gold is now far away from the moving averageGold's 1-hour moving average continues to cross upward bullish divergence, and the gold bullish volume is still there. After breaking through 3400, gold has basically stabilized at 3400. Gold has also tested the support near 3405 several times in the US market. Gold continues to stabilize and rise. However, gold is now far away from the moving average, and we must always pay attention to the adjustment of the high position. Gold is watching the pressure around 3461
TVC:GOLDShort
by Fortune-signal
Analysis of the latest gold trendsGold has repeatedly tested 3430 but failed to achieve an effective breakthrough, and the K-line entity was blocked at the 3420 line. BOLL is currently running sideways, and within the small-level cycle, the price is temporarily in a narrow range of fluctuations. However, it is necessary to pay attention to the divergence of 4HMACD and the possible trend of gold's high-rise and fall. The current high-level fluctuation of gold may be regarded as a technical repair and energy storage, which may trigger a second rise after the repair is completed. Therefore, if we are bullish during the day and do not chase the rise, waiting for the retracement to go long is still our main tone. In the evening, we will focus on the suppression of 3430-3440 above.Radical brothers can arrange short selling at this position 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
OANDA:XAUUSDLong
by GoldHunter_Allen
Gold is continuously making historyToday, gold has reached a new high again, reaching 3,430 points at its peak. As for the current trend of gold, it is no longer technical. It is all about the safe - haven demand due to the tariff conflict. When the tariff issue escalates, gold prices will continue to rise. If the situation eases slightly, gold prices will also fall rapidly. Next, maintain the strategy of going long on pullbacks, refuse to guess the top, and reduce trading risks. XAUUSD trading strategy buy @ 3400-3410 sl 3380 tp 3430-3440 If you approve of my analysis, you can give it a thumbs-up as support. If you have different opinions, you can leave your thoughts in the comments.
FOREXCOM:XAUUSDLong
by Trading_Grorge
Gold at the $3394-3392 level citing the presence of an engulfingGold Buying Opportunity Analysis Considering buying gold at the $3394-3392 level, citing the presence of an engulfing buy filter zone that indicates pending buying orders. This technical setup suggests potential support at this level, which could lead to a price bounce. Potential Upside: - Conservative estimate: 40-70 pips - Optimistic scenario: up to 100 pips or more, depending on market conditions and momentum Key Factors to Consider: 1. Engulfing buy filter zone: This technical indicator suggests buying interest at this level. 2. Pending buying orders: These orders could contribute to a price increase if executed. 3. Market sentiment: Overall market conditions, news, and trends will influence gold's price movement. Important Reminder: This analysis is for informational purposes only and should not be considered financial advice. It's essential to conduct your own research (DYOR) and consult with a financial advisor if needed. Trading carries risks, and it's crucial to manage your positions responsibly. Next Steps: You'll be waiting for the market to reach the specified level. If it does, carefully evaluate the market conditions and make an informed decision based on your trading strategy and risk tolerance. How do you plan to manage your trade, and what are your risk management strategies?
OANDA:XAUUSDLong
by Peter_Wade
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 Patrick-Daniel
Is there a chance that gold will fall?Hello everyone. Let's discuss the trend of gold. Currently, the support of gold is around 3380. If the correction of gold is weak, it may continue to rise after testing 3380. On the contrary, if it falls below 3380, then gold has a probability to continue to test the low support position near 3370. Finally, there is the 4-hour support position of 3360-3350. Therefore, try to pay attention to the support situation here at 3380 first. If there is a chance to reach this point and stabilize, gold will have the opportunity to continue to look at 3420 and 3435. On the contrary, if it falls below 3380, then you need to continue to wait for the low point of 3370, or even the high point of Friday at 3360-3350 to buy.
OANDA:XAUUSDLong
by OctaviaRobinson
Bulls continue to sprint to the 3400 markThe recent gold bulls are very strong. There is no peak signal in either the daily or weekly charts. 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 broke 3,300 and was thought to be the beginning of a big short. In fact, it was just a normal technical run in the market before the holidays. Finally, it rebounded again in the middle of the night. Today's early morning trading was even crazier, directly rising to around 3,385. The big rise is not a top, and the operation is mainly long. From the 4-hour analysis, today's support is around 3345-3357, and the upper support is around 3400. At present, it is cautious to chase orders near the historical high.
OANDA:XAUUSD
by ChristopherBlume
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 Patrick-Daniel
Gold Daily Outlook Short-Term Pullback Before Trend Continuation📌 Gold Daily Outlook – Short-Term Pullback Before Trend Continuation? 💡📉 📊 Technical Overview Gold (XAU/USD) is currently testing a key resistance zone around 3412 – 3414, where we could see short-term selling pressure emerge after recent bullish momentum. Following a strong rally, the market may be preparing for a healthy retracement to collect liquidity before resuming the trend. The chart shows signs of a potential intraday distribution pattern forming near highs, especially as price struggles to break above resistance during the early Asian session. Today’s outlook leans toward a short-term dip into support zones before buyers potentially step back in. 🔴 SELL ZONE (Short-term Reversal Opportunity) Entry: 3412 – 3414 Stop Loss: 3420 Take Profit: 3409 → 3400 → 3390 → 3380 → 3370 This is a high-probability reversal zone. If price prints bearish confirmation (e.g., pin bar or engulfing candle), short entries may offer favourable risk-reward setups. 🟢 BUY ZONE 1 – Minor Pullback Area Entry: 3355 – 3353 Stop Loss: 3348 Take Profit: 3358 → 3370 → 3380 → 3390 → 3400 Ideal for quick buy setups if price reacts cleanly to this mid-structure level. 🟢 BUY ZONE 2 – Deeper Support for Trend Re-entry Entry: 3335 – 3333 Stop Loss: 3328 Take Profit: 3338 → 3350 → 3360 → 3370 → 3380 If a deeper pullback occurs, this zone may act as a key demand area and offer clean trend continuation opportunities. 🌍 Fundamental Insight No major economic events are scheduled today, so market direction will likely follow technical structure. USD is showing mild intraday strength, adding some pressure on gold in the short term. Overall sentiment still supports gold as a safe-haven, but short-term profit-taking near highs is expected after recent aggressive buying. ⚠️ Strategy Notes Focus on trading within defined structure: Sell from resistance with confirmation; buy dips at clean support zones. Avoid FOMO entries – let the market give you confirmation. Always use clear TP/SL levels – especially in a sensitive market environment like this. 💬 How are you approaching gold today? Looking to fade highs or waiting for dip-buy setups? Drop your thoughts below! 👇👇👇
OANDA:XAUUSD
by MMFlowTrading
1
XAUUSD Gold Is Surging: Technical / Macro Analysis & Trade IdeaHey traders! Let’s break down the current price action on Gold (XAUUSD) using both Wyckoff and ICT concepts, and tie it all together with the latest macroeconomic context. 🚀✨ Wyckoff Methodology: Looking at the 4H chart, we see a classic accumulation phase that transitioned into a strong markup. The recent price action shows a clear spring (liquidity sweep) below previous lows, followed by a sharp bullish move—this is textbook Wyckoff manipulation, where smart money grabs liquidity before driving price higher. The current rally suggests we’re in the markup phase, with demand overwhelming supply. ICT Concepts: Liquidity Zones: The chart shows a sweep of liquidity below the recent consolidation, trapping late sellers before a powerful bullish displacement. This is a classic ICT move—liquidity engineered and then swept. Displacement: The large bullish candle breaking above the previous range signals a market structure shift (MSS) to the upside. This is a strong sign of bullish intent. Fair Value Gaps (FVG): The impulsive move up has likely left a fair value gap (imbalance) between 3335 and 3385.50. Price may retrace to fill this gap before continuing higher. Market Structure: The break above the previous swing high confirms a bullish market structure. As long as price holds above the 3335-3340 zone (50% retracement), the bullish bias remains intact. Technical Trade Setups: Bullish Scenario: Look for a retracement into the 50-61.8% Fibonacci zone (3335-3323) for potential long entries. If price forms a bullish rejection or bullish engulfing pattern here, it could be a high-probability setup targeting the recent high (3385.50) and the next extension at 3436. Bearish Scenario: If price fails to hold above 3335 and closes below 3320, we could see a deeper retracement toward 3284 (100% retracement) or even lower, but this is less likely given the current momentum. Market Sentiment: Bullish 🟢 – The strong displacement, liquidity sweep, and market structure shift all point to bullish sentiment. Buyers are in control, and any pullbacks into the FVG or key fib levels are likely to be bought up. Macroeconomic & Fundamental Drivers: Gold’s rally is being fueled by several key factors: CPI & Inflation: Recent CPI data shows persistent inflation, increasing demand for gold as an inflation hedge. Interest Rate Expectations: The market is pricing in potential rate cuts by the Fed later this year, weakening the USD and supporting gold. Geopolitical Tensions: Ongoing global tensions (e.g., Middle East, Ukraine) are driving safe-haven flows into gold. USD Strength: Any signs of USD weakness further boost gold’s appeal. Summary & Trade Plan: Gold is in a strong bullish phase after a classic liquidity sweep and market structure shift. Watch for retracements into the 3335-3320 zone for potential long setups, with targets at 3385 and 3436. Stay alert for any macro news that could impact sentiment, but for now, the bulls are in control! 🏆📈 Disclaimer: This is not financial advice. Always do your own research before trading.
PEPPERSTONE:XAUUSDLong
by fxtraderanthony
2
Market Analysis: Gold Extends Record RunMarket Analysis: Gold Extends Record Run Gold price started a fresh surge above the $3,250 resistance level. Important Takeaways for Gold Price Analysis Today - Gold price started a fresh surge and traded to a new record high at $3,384 against the US Dollar. - A key bullish trend line is forming with support at $3,322 on the hourly chart of gold at FXOpen. Gold Price Technical Analysis On the hourly chart of Gold at FXOpen, the price formed a base near the $3,200 zone. The price started a steady increase above the $3,250 and $3,280 resistance levels. There was a decent move above the 50-hour simple moving average and $3,350. The bulls pushed the price above the $3,380 resistance zone. A new record high was formed near $3,384 and the price is now consolidating gains. On the downside, immediate support is near the $3,362 level and the 23.6% Fib retracement level of the upward move from the $3,283 swing low to the $3,384 high. The next major support sits at $3,322. There is also a key bullish trend line forming with support at $3,322. It is near the 61.8% Fib retracement level of the upward move from the $3,283 swing low to the $3,384 high. A downside break below the trend line support might send the price toward the $3,282 support. Any more losses might send the price toward the $3,242 support zone. Immediate resistance is near the $3,384 level. The next major resistance is near the $3,388 level. An upside break above the $3,388 resistance could send Gold price toward $3,500. Any more gains may perhaps set the pace for an increase toward the $3,520 level. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:XAUUSD
by FXOpen
7
XAUUSD/GOLD: What happens when GOLD goes too high?Gold Price Soars Amid Geopolitical Tensions – Is There a Correction Coming? As political tensions, especially the ongoing trade issues between the US and China, continue. Showing Gold’s Safe Haven Status in These Uncertain Times. - What’s Driving This Rise? With investors always looking for safety and minimal risk, recent news surrounding new tariff threats and diplomatic tensions between the two economic giants has added to the interest in buying gold. - So, Where Will the Gold Peak Stop? Is 3400 or 3500 .. the Final Peak? 🔼 Key Resistance Levels to Watch Are 3358 and 3380
OANDA:XAUUSDShort
by xauusd_rr
Gold Hits New ATH Again: Is the Bull Run Unstoppable?After printing a new All-Time High on April 17, Gold entered a brief correction that ended on April 18 at 3285. However, the daily candle closed strong at 3327, right before the long Easter weekend. Fast forward to Monday's ASIA session open, Gold showed no hesitation and pushed into yet another ATH at 3384. The bullish momentum is so aggressive that it feels like nothing can stop this trend. While I do expect heavy volatility going forward, the core strategy remains clear: 👉 Buy the dips. Key Level to Watch: 📍 First support zone = 3350 At this level, I will actively look for long entries, targeting a potential new ATH later this week. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
TRADENATION:XAUUSDLong
by Mihai_Iacob
7
Multi-dimensional Analysis of Gold's Strength and Volatility RisLong-term drivers: After the breakout of the super-large sideways range from 2020 to 2023, global geopolitical conflicts, expectations of economic recession, and large-scale gold purchases by central banks worldwide have jointly fueled a super bull market. Short-term disruptions: The tariff policy announced by Trump in early April triggered a short-term sharp decline in gold and silver. However, on the monthly chart, no effective correction signal has been formed, and the trend remains dominated by bulls. Weekly strong characteristics: The long upper shadow line was engulfed by a bullish candle, forming an ultra-large bullish candle, indicating that the market still chose to break upward despite trade war risks, continuing the super-strong trend. While a correction of hundreds of dollars may occur after extreme market conditions, the current upward trend remains intact. Medium-term rhythm: Multiple medium-term corrections have ended rapidly, highlighting gold’s extremely strong resilience. The current upward slope is steep , showing a "crazy bull" short-covering feature, making it difficult to predict the top in the short term. Short-term technical signals: The 4-hour chart shows that the high-level volatility is still confined above the 21 exponential moving average (strong support), indicating a continuation pattern in the uptrend. Two potential paths lie ahead: - Conventional path: Consolidation into a platform before resuming the upward trend; - Extreme path: Direct breakout to new highs without correction (referencing the frequent occurrence of non-correction short-covering rallies in recent months). Conclusion: All timeframes suggest that gold’s rally remains unexhausted, with short-term volatility not altering the medium-to-long-term upward trend. However, risks of extreme volatility caused by policy mutations must be guarded against. XAUUSD buy@3300-3310-3320 tp:3340-3355-3370 I hope this strategy will be helpful to you. When you find yourself in a difficult situation and at a loss in trading, don't face it alone. Please get in touch with me. I'm always ready to fight side by side with you, avoid risks, and embark on a new journey towards stable profits.
OANDA:XAUUSD
by H_C_12
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 Patrick-Daniel
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
4/21 Gold Trading StrategyGood morning, everyone! A brand new week begins—wishing us smooth trades and great success ahead. Looking back to last Thursday, our gold short strategy hit the mark perfectly. Prices dropped nearly $60 as expected, and we captured around $45 in profit from that move. Overall, we secured over $200 in profit space last week—an excellent performance. Today, gold opened higher and continues to climb. Technically, bulls still have room to push higher, with 3360 as a key resistance level. However, judging by the current momentum, we may even see a test of 3400. That said, trading is about precision, not perfection. If prices approach 3380 and the upward momentum stalls, it may be time to watch for a pullback. On the other hand, if strength continues, holding some light long positions remains a relatively low-risk strategy. Trading Strategy for Today: 📉 Sell in the 3380–3410 range 📈 Buy in the 3307–3280 range 🔁 Flexible trades between 3360–3330 / 3272–3315
FOREXCOM:XAUUSDShort
by China_MsWang
Gold: Profit on Open, Focus on Key Zones Congrats to everyone who followed my long positions before last Thursday’s market close! Gold opened higher today, bringing us the first profit of the new week — a great start with accurate direction! Currently, gold is facing selling pressure near the historical high around 3360. On the 1H chart, technical indicators look solid. Once the pressure is absorbed, there’s a good chance the price may reach new highs today. However, be cautious: If the upward trend weakens or stalls, there’s a risk of a double top formation — a bearish sign for the bulls. 📌 Key zones to watch today (as marked in the chart): Support: Around 3308 Resistance: Around 3369 With price at elevated levels, a breakout above resistance often leads to a pullback to retest previous support, so adjust strategies flexibly. Trading Advice: Focus on support/resistance flips Prioritize sell high, buy low within the zone Manage risk and avoid chasing price blindly
FOREXCOM:XAUUSDLong
by Trading_King_Arthur
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