"Gold Demand Zone Bounce – High R:R Long Setup!"📈 This is a bullish setup using a demand zone bounce strategy on the 15-minute timeframe.
Key Zones & Levels
🔵 Demand Zone:
The blue box is where price previously bounced strongly.
Buyers are likely to step in again here.
✳️ Entry Point:
3,292.38
Just above the demand zone – a safe place to catch the next bounce.
⛔ Stop Loss:
3,280.93
Below the demand zone to protect against a breakdown.
🎯 Target Point:
3,345.09
Near a previous resistance area.
Potential gain: +51.94 pts / 1.58%
Indicators
🟡 EMA (7):
Current value: 3,303.63
Price hovering around EMA = consolidation or setup for a bounce.
Risk-Reward Calculation
⚠️ Risk: 11.45 points
✅ Reward: 52.71 points
⭐ Risk-Reward Ratio: ~4.6:1
Very favorable!
Price Action Summary
📊 Strong uptrend into demand zone
🔁 Minor pullback = potential setup
✅ Ideal entry after bullish confirmation (e.g., bullish candle pattern)
Conclusion
This setup looks solid:
✅ Clear demand zone support
✅ High R:R ratio
✅ Clean target above
Just wait for a bullish signal inside the zone and ride it up!
Xauusdbuy
#XAUUSD: Possible Easy 600+ Pips Buying OpportunityFollowing a substantial decline in gold prices, which dropped more than 1000 pips, there is a possibility that the price may experience a minor correction before resuming its downward trajectory. It is imperative to acknowledge that trading gold in the current market conditions carries significant risks, and there is a substantial likelihood of incurring substantial losses.
Good luck and trade safe!
#XAUUSD: $3400 On The Way! Get Ready For Record High! Gold has rebounded to previous highs, maintaining a bullish trend. We expect it to continue this momentum, potentially reaching $3400 in the long term. To set take profit, consider $3250, $3300, and $3400. Use accurate risk management and conduct your own research before trading gold.
Please support us by liking and commenting on this idea.
Team Setupsfx_
#XAUUSD: Last Four Analysis Helped US Gain Over 4000+ Pips!Next?Our previous four analysis has yielded a substantial gain of over 4,000 pips. Analysing the current market situation, we anticipate that the price may either experience a significant drop or continue its upward trajectory.
Should a resolution be achieved between the trade tariffs imposed by China and the United States, we anticipate a substantial decline in gold prices. Conversely, if the situation remains unchanged, which is the more probable outcome at present, we will have two potential trading opportunities.
The first entry involves the assumption that the price will remain unchanged and continue its upward trend. The second entry is contingent upon a correction in the price.
We extend our best wishes and express our gratitude for your unwavering support throughout our endeavours. We sincerely hope that this analysis will serve as a valuable guide for your own trading endeavours.
Much Love
Team Setupsfx_
XAUUSD Today's strategyIn the gold market, after the opening of today's early trading session, the bullish momentum was strongly released again. The price continuously broke through the previous high of $3,245 and reached around $3,317 at its highest point, demonstrating the dominant and strong position of the bulls. At the same time, it also pushed the market's risk aversion sentiment to its peak.
Given the significant upward surge in the early trading session, the performance of the European trading session has become a key point of observation. If the European trading session maintains a narrow sideways oscillation pattern, there may be a new upward trend during the US trading session. It is necessary to focus on the adjustment range of the bullish retracement. In the current high-volatility environment, the decline may only be a technical correction, rather than a signal of a trend reversal.
It is worth noting that after the gold price broke through the psychological integer barrier of $3,000, the resistance levels above have significantly weakened. Based on a comprehensive analysis and judgment, it is recommended to seize the opportunity to place long positions after the price corrects, so as to capture the subsequent upward space.
XAUUSD
buy@3285-3295
tp:3315-3325
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.
Gold continues to surge to new highs!Gold technical analysis: Today, the gold price continues to rise strongly. It has risen all the way to more than 80 US dollars. So can it continue to rise? From the long-term chart, the bulls have not changed. Long is definitely the main idea. But you must pay attention to the risks in the short term. Because the increase from 2958 to the present has exceeded more than 340 US dollars. And today's single-day increase is as much as 70 US dollars. So you still need to pay attention to the risks that should be paid attention to in the short term. But don't guess the top too often. Even if you want to guess the top, you must have risk control. You can't trade based on your own sensory thinking.
It has risen sharply from the high point of 3230 yesterday, and has risen nearly 80 points from the low point. It is also trending to hit a new high. Once it breaks the high again, it will continue to hit the 3330-50 line. The next big target of the weekly pattern and segmentation cycle is 3400. It will probably reach it after a few waves of pull-ups. The weekly line rose last week and needs to rise this week. The current focus is still on falling back or breaking through and following the long position.
The current support below can refer to the afternoon low of 3280, which can also be used as an important reference for European trading. The key watershed below may be at the previous top and bottom conversion point of 3245, while the upper pressure is focused on 3330-3350. Overall, today's short-term operation strategy for gold is to focus on long positions on pullbacks and short positions on rebounds. The upper short-term focus is on the 3330-3350 resistance line, and the lower short-term focus is on the 3275-3280 support line.
Short order strategy:
Strategy 1: When gold rebounds around 3330-3333, short (buy short) 20% of the position in batches, stop loss 6 points, target around 3305-3290, break to 3280
Long order strategy:
Strategy 2: When gold falls back to around 3275-3280, buy long positions in batches (buy up) with 20% of the position, stop loss 6 points, target around 3310-3330, break the position and look at 3350
Gold surges to a new high, market analysis and operation layoutToday, the price of gold has been rising all the way in the Asian session, reaching a high of around 3317. From the perspective of the general trend, the overall trend of gold remains bullish. The high point we see now is only a temporary high point. It is very likely that the European and American sessions will break through again in the later period, so don't blindly guess the top.
At present, the relative low point has risen by nearly 80 points, and there is a trend of further hitting new highs. Once it breaks the high again, it will continue to hit the 3330-50 line. Therefore, we still maintain the main decline in intraday trading.
If the European session maintains a small sideways fluctuation, then the US session will most likely launch an upward attack again. What needs to be focused on at the moment is the extent of the bulls' callback repair. In view of the current volatile market, a drop of tens of dollars may only be a normal adjustment of the bulls, not a trend reversal. At present, the lower support can refer to the low point of 3280, which can also be used as an important reference for European market operations. The top short-term focus is on the first-line resistance of 3330-3350, and the bottom short-term focus is on the first-line support of 3275-3280.
Bros, when you keep up with the pace of trading, you must control the risks reasonably.
Intraday gold operation suggestions
sell 3330-3340
TP 3320-3310
buy 3280-3290
TP 3310-3330
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.
OANDA:XAUUSD CAPITALCOM:GOLD FOREXCOM:XAUUSD FX:XAUUSD
4/16 Gold Trading StrategiesYesterday, gold moved within a narrow range, as anticipated. After rising toward the 3230 level, it encountered selling pressure and pulled back, which provided us with some profitable short-term opportunities.
Currently, gold has broken above 3240 and continues to climb steadily. A conservative estimate suggests that a push toward 3250 is achievable without much resistance. However, this is a new high, and after a rapid ascent, it’s common to see profit-taking from long positions and short sellers entering the market from the sidelines. Therefore, chasing long positions at current levels carries increased risk and should be approached with caution.
Today’s Trading Recommendations:
Sell Zone: 3255 – 3270
A potential resistance zone where short positions may be considered.
Buy Zone: 3178 – 3158
Key support area for initiating long positions if the price corrects.
Range Trading Zones:
3240 – 3220
3188 – 3220
Suitable for flexible trading strategies based on real-time price action and candlestick signals.
Summary:
While gold remains in an uptrend, the market is approaching a sensitive area where both selling pressure and volatility may increase. Be cautious with chasing highs, and focus on technical levels for strategic entries and exits. The potential for a short-term reversal or pullback remains if resistance holds strong.
XAUUSD(GOLD) NEXT MOVE ?**Detailed analysis** of the Gold Spot (XAU/USD) chart, combining technical insights **with the current geopolitical market backdrop**, particularly the **Trump tariffs escalation**:
---
### 🟡 **XAU/USD (Gold) – Technical & Fundamental Outlook**
**Timeframe:** 1-Hour
**Current Price:** $3,296
**Target Price:** $3,500
---
### 📌 **Technical Chart Analysis: Bullish Breakout in Play**
From a trader’s lens, this chart illustrates a **classic bullish continuation setup**:
#### 🔺 **Triangle Breakouts**
- The chart highlights two previous **symmetrical triangle patterns**, both of which resolved **to the upside**.
- These triangles signal healthy consolidation before **impulsive bullish rallies**, indicating strong **market structure**.
#### 📈 **Price Action Strength**
- Price recently **broke out** from another mini triangle (~$3,230 zone), confirming bullish momentum.
- The breakout is **sharp and directional**, showing strong buyer interest.
#### 🧱 **Support & Structure**
- Price is respecting an **ascending trendline**, confirming **higher lows** and a consistent **bullish trend**.
- Each consolidation phase was tighter, indicating **volatility compression before explosive moves**.
#### 🎯 **Target Projection: $3,500**
- Based on **measured moves** from previous breakouts and current momentum, $3,500 is a **realistic short-term target**.
- Price remains inside a **bullish channel**, and breakout continuation aligns with the upper resistance projection.
---
### 🌍 **Current Market Context: Trump’s Tariff Shock & Safe Haven Demand**
Amid strong technicals, the **macroeconomic backdrop adds fuel to gold’s rally**:
#### 🔥 **Trump's Tariff Escalation**
- Former President **Donald Trump has reactivated aggressive tariff rhetoric**, with reports of a **104% tariff on Chinese imports**, prompting **retaliatory action from China** (an 84% counter-tariff).
- This **reignites U.S.-China trade tensions**, increasing **global market uncertainty**.
#### 🛡️ **Flight to Safety**
- Investors are rapidly **rotating into safe-haven assets**, especially gold, due to:
- Trade war concerns
- Recession expectations
- Dollar instability fears
#### 💬 **Market Sentiment**
> “In times of uncertainty, gold shines brightest. Trump's economic aggression has global investors hedging risks, and XAU/USD is the first in line to benefit.”
---
### 💼 **Trading Strategy Summary**
| Component | Details |
|------------------|-------------------------------|
| 📈 Bias | Bullish |
| 💰 Entry Zone | Breakout above $3,230 |
| 🎯 Target | $3,500 |
| 🛑 Stop-Loss | Below $3,180 (tight structure)|
---
### ✅ **Conclusion**
With **Trump’s trade war** rhetoric back in motion and **technical confirmation of a breakout**, gold is positioned for another **major rally**. A push toward **$3,500** is not just possible — it’s probable, as long as the structure holds. This is a time to **ride the momentum**, not fight it.
--
Will gold fall today?Hello everyone. Let's discuss the trend of gold this week. From the current daily chart, gold is currently in a five-wave upward trend.
You can see that the low point of gold last week was near 2955, which is exactly the top position of the first wave of this wave.
The retracement from 3167 to 2955 is the retracement of the fourth wave, and the retracement did not break the top position of the first wave near 2950.
So, the current trend from near 2955 is running in the fifth wave of rise.
I also drew it in the picture, and it may eventually reach the high point near 3308-3328.
Today's highest point reached near 3275, and then it retreated sharply to near 3256.
Maybe you think this is a high and fall, but I don't think so from the trend.
Gold opened at 3230. If you look at the trend of 3230-3275, you can find that 3255 is exactly the 618 support position of this trend.
If the retracement does not break 618, then there will definitely be a new high.
Using 123 to find 4, we can see that if the high point of 3290 continues to break, the subsequent high point will be around 3300, followed by 3328.
And 3300 coincides with the daily high above.
Therefore, if gold can reach around 3300 next, we must be careful of the possibility of a high fall.
"Gold Bullish Setup: From Demand Zone to 3280 Target!"🟦 Key Zones
🔵 Demand Zone (Support):
📍 Around 3,210 – 3,200
🟢 Buyers stepped in here previously, forming a base for a potential upmove.
🔴 Resistance Zone:
📍 Around 3,240 – 3,250
🚫 Sellers have rejected price from this level several times.
🎯 Target Point:
📍 3280
🚀 If price breaks resistance, this is the expected move.
❌ Stop Loss:
📍 3,195.52
🛡️ Placed just below the demand zone to minimize downside risk.
📊 Price Action & Indicators
* 🟠 Current Price: 3,225.32
* 📉 EMA (7): 3,223.57 – providing dynamic support
* 🔼 Trend: Short-term uptrend with higher lows
🧠 Trade Idea
* ✅ Entry: Around 3,220–3,225
* ❌ Stop Loss: 3,195.52
* 🎯 Take Profit: 3,280
* 📌 Risk-Reward: Favorable if resistance breaks
📈 Possible Scenarios
🔸 Scenario 1:
✨ Immediate breakout through resistance → target 3,280
🔸 Scenario 2:
🔁 Pullback to demand zone → bounce → then move toward 3,280
Analysis and Trading Strategy of XAU/USDToday, XAU/USD has been in a sideways consolidation, fluctuating within the range of 3,200 to 3,230.
In terms of trading strategy, we can go long at the lower end of this range. However, it is not advisable to go short at the higher end.
This is because the current international situation is not optimistic, with many unstable factors existing 😟.
If the tariff issue escalates again, due to the strong safe-haven function of XAU/USD, its price is likely to rise again 📈.
The accuracy rate of our daily signals has remained above 98% throughout a month 📈! You are warmly welcome to follow us and join in on the success 🌟.
💰💰💰 XAUUSD 💰💰💰
🎯 Buy@3200 - 3210
🎯 TP 3230 -3250
Traders, if you're fond of this perspective or have your own insights regarding it, feel free to share in the comments. I'm really looking forward to reading your thoughts! 🤗
The XAU/USD has now reached a buying point.Today, XAU/USD has been in a sideways consolidation, fluctuating within the range of 3,200 to 3,230.
In terms of trading strategy, we can go long at the lower end of this range. However, it is not advisable to go short at the higher end.
This is because the current international situation is not optimistic, with many unstable factors existing 😟.
If the tariff issue escalates again, due to the strong safe-haven function of XAU/USD, its price is likely to rise again 📈.
The accuracy rate of our daily signals has remained above 98% throughout a month 📈! You are warmly welcome to follow us and join in on the success 🌟.
💰💰💰 XAUUSD 💰💰💰
🎯 Buy@3200 - 3210
🎯 TP 3230 -3250
Traders, if you're fond of this perspective or have your own insights regarding it, feel free to share in the comments. I'm really looking forward to reading your thoughts! 🤗
Continue to buy at the lower levels.Today, XAU/USD has been in a sideways consolidation phase😶, oscillating within the narrow range of 3,200 to 3,230. From a technical analysis perspective📊, the price action is currently trapped between these two key levels, with the moving averages showing a lack of clear direction. The Relative Strength Index (RSI) is hovering around the 50 mark, indicating a state of equilibrium between bullish and bearish forces.
In terms of trading strategy🧐, considering the current market dynamics, going long at the lower end of this range presents an opportunity😃. The lower bound of 3,200 has proven to be a relatively strong support level in recent sessions, as evidenced by multiple price bounces from this point. However, it is ill - advised to go short at the higher end😒.
This is because the current international situation is rather gloomy😟, fraught with numerous unstable factors. Geopolitical tensions are on the rise, and economic uncertainties are clouding the outlook. In particular, if the tariff issue escalates once more😡, given the robust safe - haven function of XAU/USD, its price is highly likely to surge again📈. Historically, during times of economic and geopolitical turmoil, gold has consistently attracted investors seeking refuge, leading to significant price appreciations.
💰💰💰 XAUUSD 💰💰💰
🎯 Buy@3200 - 3210
🎯 TP 3230 -3250
Traders, if you're fond of this perspective or have your own insights regarding it, feel free to share in the comments. I'm really looking forward to reading your thoughts! 🤗
👇The accuracy rate of our daily signals has remained above 98% throughout a month 📈! You are warmly welcome to follow us and join in on the success 🌟.👉
4/15 Gold Trading StrategyYesterday, gold experienced a mild pullback and found support near the 3200 level. As mentioned during intraday updates, as long as 3188 holds, it remains a good opportunity to consider buying. Currently, the price has rebounded above 3220. From the candlestick formation, the trend remains strong, and there is still room for further upside. The previous high near 3245 is likely to be tested again, and there’s potential for a move towards 3260.
However, it’s important to pay close attention to the 3230–3240 zone, which was a key area of trapped long positions from last week. This supply zone hasn’t been fully tested since the last drop, and as prices revisit this area, those looking to break even may create significant selling pressure. If this pressure leads to a rejection, we could see a sharp pullback.
Structurally, a failure to break above this resistance could signal the formation of a short-term top, presenting a tactical opportunity for the bears. Conversely, if gold manages to break and hold above 3245, short-term bullish momentum may continue, though the 3250–3270 region remains a strong resistance zone.
On the downside, if prices retreat again and break below 3188, it will likely confirm a deeper correction. Key support then shifts to the 3158–3147 range, which represents a significant medium-term support zone.
Today’s Trading Recommendations:
Sell Zone: 3250-3270 – A strong resistance area, suitable for initiating short positions for aggressive traders.
Buy Zone: 3158 - 3147 – A technical support region ideal for light long entries if price pulls back.
Range Trading: 3240 -3200 and 3178 -3220 – These zones are suitable for flexible trading strategies based on real-time momentum and price behavior.
Summary:
Gold remains in a short-term bullish trend, but significant resistance lies ahead. Caution is advised when chasing long positions at higher levels. If holding short positions from the 3230+ area, avoid emotional stop-losses—patience could offer better exit opportunities as the market corrects. A bearish setup is brewing, and once a clear direction emerges, volatility may increase rapidly. Be prepared with a solid plan in advance.
Gold Bullish Structure Intact – Breakout Imminent Amid Tight RanAs of now, gold is consolidating around $3,231/oz, maintaining a tight range near recent highs. Despite short-term fluctuations, the medium-term bullish trend remains intact, supported by both macro fundamentals and technical structure.
🔮 Trend Outlook:
Medium-Term Bias: Bullish. Maintain a "buy-on-dip" strategy supported by geopolitical risk, monetary easing expectations, and sustained central bank demand.
Short-Term Focus: Key levels to watch are $3,180 support and $3,245 resistance. A breakout from this range is likely to trigger directional momentum.
🎯 Trade Setup:
🟢 Long Strategy (Primary Idea):
Buy Entry: $3,185–$3,175
Stop Loss: Below $3,165
Targets: $3,220 / $3,245
🔴 Short Setup (Tactical Counterplay):
If price fails to break above $3,245, consider shorting on rejection
Targets: $3,190 / $3,180
Stop Loss: Above $3,252
XAU LONG LIVE TRADE AND EDUCATIONAL BREAK DOWN Gold embarks on a consolidative move around $3,200
Gold is holding its own on Tuesday, trading just above $3,200 per troy ounce as it bounces back from earlier losses. While a more upbeat risk sentiment is bolstering the rebound, lingering concerns over a deepening global trade rift have prevented XAU/USD from rallying too aggressively.
Today’s gold operation ideas are back to bullish【Gold Trend Analysis】
Fundamentally, the Trump administration's tariff policy is still uncertain, and market concerns about the trade war support the safe-haven demand for gold; the recent weakness of the US dollar index (close to the 99.0 mark), the decline in US Treasury yields (10-year yields fell to 4.368%), further benefiting gold; Goldman Sachs raised its year-end gold price forecast to $3,700, while UBS is bullish to $3,500, believing that central bank gold purchases and safe-haven demand will continue to support gold prices. Technically, gold opened higher today, rising to 3,233 as high as possible. From the technical indicators, gold is still in a bullish trend, with a 3-hour moving average golden cross. Today, gold fell back to rely on the moving average support. At the same time, the gold price is running above the Bollinger middle track. Pay attention to the middle track support. Today, we are still mainly low-long operations.
【Operational suggestions】
Buy at 3217-20, stop loss at 3207, target at 3230-45.
Gold Third Scenario , Depend On Breakout , What`s Your Opinion ?Here is the update for the last idea i post for Gold , if we take a look now we will see that he price moving in sideway and still not touch my support , so do yo uthink the price will go up without retest it ? or should we keep the first analysis ?
XAUUSD Today's strategyAfter the trade war regarding tariffs eased, the price of gold did not decline. After a slight adjustment yesterday, the downward trend did not continue. Currently, gold has strengthened again and has risen above $3,220. It had soared due to the trade war regarding tariffs but did not plummet sharply as the situation of tariffs eased.
In terms of technical trends, a new support level has been formed in the $3,190 area for gold. At the 4-hour level, a pattern of high-level consolidation has emerged. This high-level consolidation pattern still indicates a bullish sentiment. Once there is a breakthrough, it will mark the beginning of a new upward trend. At present, the trend is favorable, and our bullish view remains unchanged.
The market is fluctuating rapidly. In the early trading session, we have already entered a long position near $3,210. Whenever there is a pullback in the intraday trading and the price stabilizes at the support level, it presents an opportunity to go long.
XAUUSD
buy@3200-3210-3220
tp:3235-3245
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.
XAUUSD Gold in Overdrive: Awaiting a Critical Pullback for a BuyDaily Chart Analysis
On the daily chart, XAUUSD has surged to new highs, signaling an overextended market as gold rallies far above previous price swings. The price is now trading at a premium, which indicates that much of the bullish momentum may already be priced in. As a result, there is potential for a pullback toward a more attractive entry area. Specifically, a retracement into a discounted zone—ideally below the 50% level of the previous swing—may offer a better long opportunity rather than entering at these extended levels. 📈⚠️
4-Hour Chart Analysis
Examining the 4-hour timeframe reveals more granular price action that aligns with the daily trend. Here, gold displays signs of potential exhaustion with the recent impulsive moves. The market structure hints at the possibility of a short-term setup if the price begins to reverse, aligning with basic Wyckoff theory principles. This suggests that while there might be an interim short play if the reversal is confirmed, the expectation remains that a healthy pullback will eventually pave the way for a new long opportunity once the price finds support. 🔻🤔
Integrating Price Action, Market Structure & Wyckoff Theory
Using elements of Wyckoff theory, it's clear that the current rally has pushed the market into an overbought state.
• The price action indicates a likely initiation of a distribution phase, where selling pressure might temporarily take over.
• A pullback into the discounted zone (particularly under the 50% retracement of the prior range) would be an ideal opportunity to look for a buying setup.
• On the flip side, if the shorter-term setup solidifies, a conservative short play could be considered until signs of accumulation emerge.
This dual perspective underscores the importance of disciplined risk management and monitoring short-term reversals while keeping an eye on the broader trend. 🔍📉💡
Summary of Key Takeaways
XAUUSD is currently overextended with a strong rally to new highs. While the momentum is robust, the premium pricing compared to previous swings suggests caution. A pullback into a discounted zone, specifically below the 50% retracement level, could provide a more enticing entry point for those looking to go long. Concurrently, the 4-hour chart offers potential setups for a short play should price action indicate a reversal. Coupling these observations with Wyckoff theory fundamentals can allow for a balanced, dynamic trading strategy. 🔄
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research and consult with a professional before making any trading decisions.
Gold: Directional Break ImminentYesterday’s market remained calm without any significant swings, unlike the strong movements we’ve seen previously. Today, however, appears to be a critical turning point as the market prepares for a directional breakout.
📊 Technical Overview:
Gold is showing signs of retesting the resistance around 3240, while short-term support lies at 3194–3188. If this resistance holds and the price fails to break above, a double-top pattern may form—potentially triggering a major drop between Wednesday and Thursday.
If the price breaks above 3240, there may be around $30 of additional upside, but this is likely to mark the formation of a short-term top, followed again by a decline.
🎯 Key Bearish Target Zones: 3137-3106
Whether it breaks upward or downward, a bearish opportunity is building. Stay patient, follow the price action, and avoid emotional decisions to catch the move at the right moment.
Analysis of Current Gold Trend & Trading TipsLast Friday, after surging to 3,245, gold encountered selling pressure and retreated, and the range-bound adjustment continued throughout the day. From a technical standpoint, the suppression of the double-top pattern is evident on the 4-hour chart. The MA10 moving average has crossed downward, creating a new resistance level at 3,220. If the price fails to hold steady above this level, it may further decline to the area between 3,170 and 3,160. Currently, the short-term moving averages are diverging downward, and the key support below has shifted to the range of 3,190 to 3,180. The hourly chart shows a pattern of high-level consolidation, currently concentrated within the range of 3,193 to 3,220, with no clear trend.
In terms of trading operations, it is recommended to mainly focus on shorting on rebounds: pay attention to the resistance at 3,215 to 3,220. When the price reaches this area, you can try shorting with a small position. The support below is at 3,187 to 3,190. If the price breaks below this level, it may accelerate its downward movement. It is necessary to be wary of the fluctuations triggered by the data in the US trading session. However, overall, the outlook remains one of a range-bound and slightly bearish trend. Set stop-losses strictly to control risks.
XAUUSD
sell@3215-3220
tp:3200-3190
Investment itself doesn't carry risks; it's only when investment is out of control that risks arise. When trading, always remember not to act on impulse. I will share trading signals every day. All the signals have been accurate without any mistakes for a whole month. No matter what gains or losses you've had in the past, with my help, you have the hope of achieving a breakthrough in your investment.