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Xauusdsell

4/8 Gold Trading StrategyYesterday, gold dipped to the 2950 support zone, still under bearish pressure. However, the market did not enter into an extreme one-sided sell-off. Instead, an intraday rebound suggested that short-term buying interest is beginning to emerge. Following last week's and yesterday’s sharp correction, the 1-hour technical structure has started to show early signs of a potential bottom. While a retest of the 2960–2950 area in the near term cannot be ruled out, the broader price action now supports the technical conditions for a medium- to short-term rebound. Currently, gold is stabilizing around the 2980-2960 level. Even if additional bearish pressure emerges, the maximum downside support is expected in the 2919–2888 range. This suggests a likely transition into a low-level consolidation and base-building phase, rather than a continued steep decline. From a technical perspective, the 3100 zone is a key corrective target for this pullback. The market may gradually move higher to complete a structure recovery, offering a limited-risk, clearly defined opportunity for the bulls. 📌 Key intraday resistance levels: 3018 → 3037 → 3058 → 3079 📌 Trading Strategy for Today: 🟢 Buy Zone: 2976 – 2948 🔴 Sell Zone: 3048 – 3062 🔁 Scalp/Range Zone: 3032 – 2998
FOREXCOM:XAUUSDLong
by China_MsWang
Gold: Economic Risks May Drive Prices UpGold Surges Amid Global Uncertainty, Testing Key Resistance Gold has continued its impressive rebound, climbing steadily from its recent trough at $2,957 to reclaim territory above the psychological $3,000 mark. This upward momentum is being driven by a confluence of macroeconomic factors, including a softening US dollar and a pause in the previously relentless climb of US Treasury yields. With markets recalibrating their expectations around interest rate cuts by the Federal Reserve, investor appetite for safe-haven assets like gold has gained renewed strength. At the heart of the current rally lies mounting geopolitical tension, particularly the intensifying trade standoff between the United States and China. Washington's proposal to impose 50% tariffs on a broad array of Chinese goods has rattled global markets. In response, Beijing is signaling potential retaliatory measures, further stoking fears of a prolonged economic conflict between the world's two largest economies. These developments are injecting volatility into risk assets and increasing demand for traditional hedges such as gold. From a technical standpoint, the precious metal is currently grappling with a significant resistance level near $3,013. If the price manages to consolidate above this threshold following the current retracement, it could pave the way for a continued upward drive toward the next resistance zones at $3,033 and $3,057. These levels represent key pivot points that could dictate the short- to medium-term trajectory of gold. On the downside, immediate support lies at $2,996, with stronger backing at $2,981. These levels may provide a cushion for any near-term pullbacks, especially as traders look for opportunities to re-enter the market during dips. The broader narrative remains highly fluid, shaped by the ever-changing dynamics of global trade policy and monetary strategy. As the tug-of-war between Washington and Beijing intensifies, markets are left navigating a highly politicized and uncertain environment. With neither side showing signs of capitulation—China maintaining its firm stance, and the US administration likely to resist backing down—the potential for further escalation remains high. In this context, gold’s appeal as a strategic asset grows stronger. The current setup suggests that the metal may gain additional bullish traction if it finds support around the 0.5 Fibonacci retracement level or holds above $3,013. Investors are keenly watching these technical and fundamental cues, weighing the growing economic risks that could propel gold into a sustained rally.
FX:XAUUSDLong
by lonelyPlayer0
Real-time Trend Analysis and Operation Suggestions for GoldYesterday, on the technical side of gold, during the Asian session, it rebounded rapidly, but was suppressed at the resistance level of 3055. Then it started to oscillate and decline. In the European and US sessions, it was continuously pressured at the 3045 resistance level, oscillated downward, and broke through the previous low. The gold price accelerated its decline, pierced through the 2960 level, and then stabilized and rebounded near 2957. The daily K - line closed as a hanging - man - shaped medium - sized bearish candle, indicating a pullback after reaching a high. Overall, since hitting a high of 3167 last week, the gold price has been under pressure and has been in a downward - adjusting trend for three consecutive trading days. The hourly moving averages of gold are in an oscillating state, and the bearish momentum of gold has not abated. We should continue to sell gold on rallies as the overall trend of gold remains weak. Gold is still under significant pressure near 3055. If the rally is blocked, keep selling. Analyzing from the 4 - hour chart, the short - term resistance above is around the 3015 - 3024 level, and the support below is around the 2950 - 2953 level. In trading, when it rallies and is pressured at this position, the main strategy is to sell short and expect a downward movement. We should sell short once, taking the 3015 - 3025 level as the reference on the rally. The target below is to continue to break through the previous low. Be cautious with long positions at high levels. XAUUSD Trading Strategy: sell@3015-3025 tp:2980-2960 I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
FOREXCOM:XAUUSDShort
by JohnGonzalez7
XAUUSD: how to choose between going short and going long?As the new trading week kicks off, there are significant signs of a notable resurgence in global risk aversion, and precious metal assets have witnessed a robust performance. For short-term trading, it is necessary to focus on the upward resistance zone formed in the range around $3050. This area may become a new battlefield for the game between bulls and bears. Regarding gold, pay attention to the suppression situation at the level of $3050 on the upside, and focus on the $2980 mark on the downside. Due to the stimulation of news, there has been relatively large volatility recently. In the near future, it is mainly advisable to go short at high levels, and one must be extremely cautious when placing long orders. XAUUSD trading strategy sell @ 3035-3040 sl 3052 tp 3015-3025 Preserve capital, manage risk, generate returns, achieve sustainable long-term profitability, and continuously learn and develop through trading. Access the link below the article to obtain more information. If you have any opinions or suggestions about gold, you can leave your thoughts in the comments.
FOREXCOM:XAUUSDShort
by George_Lester
Golden Horizons on the PrecipiceGold on the Brink of a Downturn: A Shift in Market Sentiment Gold, once a shining symbol of financial security and prosperity, now finds itself on the cusp of a significant bearish turn. The precious metal, which has long been a safe haven for investors during times of economic uncertainty, is entering a new phase that could see its value dwindle in the face of shifting global financial conditions. The Russian central bank, historically one of the major players in the gold market, is currently at the forefront of this market retreat. By liquidating a significant portion of its gold reserves, Russia is not just participating in the market shift, but may be sending a signal to other nations and financial institutions. Their decision to sell is not an isolated move; it could well be the beginning of a broader trend. As the Russian central bank offloads its holdings, it's highly probable that other central banks, which have long viewed gold as an essential asset for economic stability, may soon follow suit. These institutions, often holding vast quantities of the precious metal, could begin liquidating their reserves in an effort to take advantage of the currently elevated prices. The global economic landscape is constantly in flux, and with many countries facing mounting fiscal pressures, the temptation to cash in on gold's recent price surge could become too great to resist. Hedge funds and private investors, always looking for opportunities to capitalize on price movements, may also jump on the bandwagon. They have the flexibility and agility to react swiftly to market shifts, and with a growing consensus that gold may have reached its peak, it would not be surprising if they decide to sell off their positions in the metal. With such a large portion of the market potentially pulling away from gold, the selling pressure could intensify, leading to a sharp drop in prices. If this trend gains momentum, we could witness a rapid and dramatic decline in gold’s value. The metal, which has been the go-to asset for many investors during times of economic uncertainty, could soon lose its appeal as a safe haven. The factors driving this potential downturn are multifaceted, ranging from shifting monetary policies and global inflationary pressures to geopolitical tensions and central bank strategies. The impact of this market shift could be far-reaching. Not only would it affect the price of gold, but it could also send shockwaves through the broader commodities and financial markets. If the sell-off gathers pace, it could have a cascading effect, causing investors to rethink their positions in other assets traditionally viewed as safe havens, such as silver or even government bonds. The question on many investors’ minds is whether this bearish trend is a temporary correction or the beginning of a longer-term downturn. Only time will tell, but one thing is certain: the dynamics of the gold market are shifting, and the once steady climb of the metal may now be facing a downward spiral. For those who are closely following the market, it is essential to stay updated on the latest developments. A deeper analysis of the factors driving this potential gold sell-off and the broader market implications can offer valuable insights into the direction of this volatile asset. As we continue to monitor the situation, I encourage you to stay informed and consider how these developments could impact your own investments. While gold may still hold value in the eyes of many, its future trajectory is now uncertain, and the risk of significant price fluctuations looms large. Thank you for your attention, and I wish you the best of luck navigating these turbulent financial waters!
FX:XAUUSDShort
by lonelyPlayer0
2
4/7 Gold Trading StrategiesGold opened with a massive gap down today due to growing market panic, plunging below the $3000 psychological level. Although it briefly rebounded to $3030+, selling pressure intensified again, dragging prices back below $3000 and continuing to test lower support levels. This sharp sell-off wiped out almost two months of previous gains. While the panic is real, it’s important not to be ruled by fear. Lower prices offer entry opportunities for long-term bullish capital. In such moments, we need courage as much as caution. Rather than following fear blindly, we suggest looking for buy opportunities at lower support zones, with a combination of scalping tactics for short-term trades. 📌 Trading Strategy: 🟢 Buy Zone: $2980 – $2950 🔴 Sell Zone: $3040 – $3060 🔁 Scalping Zone: $3021 – $2996
FOREXCOM:XAUUSDLong
by China_MsWang
Gold: Focus Remains on Buy-the-Dip Strategy Gold witnessed another round of extreme volatility today, plunging below the 3000 level before quickly rebounding. Since then, the price has repeatedly tested support in the 3030–3018 range. So far, this support zone has held up well, suggesting buyers remain active at lower levels. However, traders should keep a close eye on the 3047 resistance area, which may temporarily cap upward momentum. In the short term, the overall strategy remains focused on buying at lower levels, with the potential for prices to revisit the 3080 region in the coming days. That said, due to the sharp price swings recently, caution is advised for those looking to chase the rally above 3040. Unless your account has sufficient margin and risk tolerance to withstand a potential pullback toward the 3000 level, it is not recommended to enter aggressively at higher prices. Trading Strategy Summary: Bias: Short-term bullish (buy-the-dip) Support zone: 3030–3018 Resistance: 3047 (short-term), 3080 (medium-term target) Risk warning: Avoid chasing above 3040 unless risk control is well in place Stay agile, and adjust your positions according to intraday price action. I will continue to provide real-time updates as the situation evolves.
FOREXCOM:XAUUSDLong
by Trading_King_Arthur
"Gold Price Rejection Setup – Trendline + Resistance Combo"XAU/USD 1H Chart Analysis 🪙📉 🔹 Trendline 📐 * Descending trendline marked by 3 touches * Shows consistent bearish pressure * Price is respecting it—watch for rejections 🔹 Resistance Area ⛔ * Blue zone between $3,014 - $3,025 * Strong supply zone—price failed to break it before * Potential reversal zone if price touches again 🔹 Entry Point 🎯 * Suggested short entry at $3,014.29 * Just under resistance + near trendline * Great spot for catching a downward move 🔹 Stop Loss ⚠️ * Placed at $3,025.13 * Above resistance = smart protection * Keeps risk under control if breakout happens 🔹 Target Point 💰 * Take-profit marked around $2,964.45 * Down at a key support level * Clean risk-to-reward around 1:5 (sweet setup!) 🔹 Moving Average (DEMA 9) 📈 * Dynamic resistance (line hugging candles) * If price closes below, confirms bearish move Summary ✅ This setup is a classic trendline + resistance short. You're betting on price respecting resistance and heading lower. Bias: Bearish 🔻 Entry: $3,014.29 SL: $3,025.13 🛑 TP: $2,964.45 ✅
FX:XAUUSDShort
by Jameshead007
XAUUSD - 2950 As the market is continuing its bearish order flow, I'm expecting it to react from the current supply range. Which is 1H supply zone and 15 refined supply zone. Here’s the expected sequence of movement: 1. It gave a fake out from the channel pattern. 2. I expect a push higher to take out the previous LTF swing high, resulting in an iBoS. 3. Following that, I need market to give CHoCH and tap in the supply zone which caused the CHoCH and continue to fall until it reaches the price lvl of 2950 range. Even if the price starts to fall from the current trading price the plan is still the same 📉. This is my current plan for now. If there's any changes arise, I will update the outlook accordingly. Thanks you for your time..
OANDA:XAUUSDEducation
by Naren_2410
Gold (XAU/USD) Bearish Reversal Setup – April 8, 2025Gold is expected to reverse from the resistance zone near $3013. A sell trade is triggered at 3013, indicating a potential downward movement. The chart highlights multiple target levels as the price is likely to decline. Trade Setup: 🔽 Sell Entry: 3013 🎯 Target 1: 3009 🎯 Target 2: 3005 🎯 Target 3: 3000 🛑 Stop Loss: 3020 Bias: Bearish Timeframe: 15-Minute (M15) The strong rejection from the resistance zone and the highlighted red area suggest selling pressure. A downward move is anticipated, as marked by the blue arrow.
OANDA:XAUUSDShort
by ChartingMarketInsights
Gold: Monday's Dive, Recovery, and Trade StrategyOn Monday (April 7th) during the Asian trading session, the price of gold once dropped below $2,990, but then rebounded, reducing the extent of the decline. The selling pressure intensified due to the trade war initiated by US President Trump. Alarmed investors flocked to the US Treasury bond market out of concerns that Trump's trade war could trigger a global economic recession. For now at least, they are ignoring the risk that the same punitive tariffs might trigger another round of inflation. After the US government bonds rose and pushed the yield of two-year Treasury bonds to the lowest level since 2022, traders are preparing for further upward movements and believe that there is a greater possibility that the Federal Reserve will adopt the most aggressive interest rate cut measures to prevent an economic standstill. The daily chart of gold shows that the Relative Strength Index (RSI) has declined from nearly 80, which was reached on Thursday, towards 50. This indicates that the recent decline in the gold price is not just a technical pullback. Since gold opened lower today and directly dropped, continuing the downward trend of Friday's decline, we need to consider an issue now, that is, whether there will be consecutive daily declines. From the daily rhythm, we can see that the position of the high point has been continuously decreasing. This means that after encountering resistance at the vertex resistance level of the three-point line, it is very likely to form a secondary inflection point for the downward trend! From the 4-hour analysis perspective, today's short-term resistance above is at the level of 3,055, and the support below is at the level of 3,000 to 3,008. The trading strategy for gold: Place a short order when gold rebounds to the level of 3,050 to 3,060, with the target at the level of 3,015 to 3,020. I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
FOREXCOM:XAUUSDShort
by JohnGonzalez7
XAUUSDThe news of shorts continues to ferment. But it seems that bulls still want to rebound. After all, it has fallen so much. Are some traders still considering whether to hold long orders in their hands or increase buy orders? I think so. After all, buying at ultra-low positions can expand profits. The long orders are passive. If it rebounds to 3035-3040, some long orders can be appropriately closed, or all closed. Then short sell. Make your own funds active, rather than passively holding them. Because trading is not just about making money by going long. You can also make profits by going short. When there is a balance, there are more trading opportunities. But when the account is liquidated, the probability of winning will be very low. If you want to follow my exclusive command to trade, then come to my analysis circle first or leave me a message directly.
OANDA:XAUUSD
by Confident_Step
Geopolitical Tensions, Supporting Bullish Outlook for GoldOver the weekend, geopolitical tensions remained elevated: A mortar attack targeted the vicinity of Aden Adde International Airport in Mogadishu, Somalia. U.S. forces launched airstrikes on key targets in Saada, a city in northern Yemen. Ukrainian forces conducted multiple strikes on Russian energy infrastructure. Massive protests erupted across dozens of U.S. cities, marking the first large-scale demonstrations since former President Trump returned to office. Trump described the recent U.S. stock market plunge as “intentional” and urged Americans to “stay strong.” In Europe, Germany is reportedly considering repatriating 1,200 tons of gold reserves currently stored in the United States—signaling potential mistrust in global financial stability. Fundamental Outlook Given the ongoing geopolitical uncertainty, investor demand for safe-haven assets like gold is expected to remain strong. As risk sentiment continues to deteriorate, buyers are likely to dominate the market, especially on price dips. We anticipate increased buying interest next week, which could support gold prices and potentially lead to a breakout from the current consolidation zone. Additionally, macroeconomic data releases will play a crucial role. The U.S. CPI report, due Thursday, will be the most closely watched indicator. A higher-than-expected CPI could cause markets to reassess the timing and scale of potential Fed rate cuts, resulting in a temporary rebound in the U.S. dollar and Treasury yields. However, sustained higher borrowing costs would intensify recession risks, limiting any dollar strength. This dynamic continues to favor gold in the medium to long term. We are entering a phase where the fundamental and technical landscapes are increasingly aligned in favor of the bulls. The recent pullback in prices presents a strategic opportunity for medium- to long-term buyers to accumulate positions. Those already holding long positions—whether currently in profit or facing temporary drawdowns—are advised to remain patient and avoid emotional exits. The broader structure remains supportive of higher prices in the coming sessions. I will continue to provide real-time updates, entry/exit suggestions, and risk control strategies during market hours. Be sure to stay connected and follow the guidance closely.
FOREXCOM:XAUUSDLong
by Trading_King_Arthur
#XAUSUD: Small Time Bearish Correction With Three Take Profit! After reaching a record high of $3,150, the XAUUSD currency pair has experienced a decline. Analysis conducted over the past few hours has led us to anticipate that the price may experience minor corrections within a short time frame. Upon analysing the data and price movements, we have identified three distinct zones or targets that could serve as potential price levels for the XAUUSD pair. For further insights into chart analysis, please consider liking and commenting on our content. We appreciate your continuous support. Sincerely, Team Setupsfx_
OANDA:XAUUSDShort
by Setupsfx_
2
#XAUUSD: Last Sell Idea Dropped +300 Pips, Bias Changed? XAUs price behaviour has deviated from previous analysis, which had anticipated a +300 pips increase. However, we now anticipate the price to continue its upward trend, potentially reaching another record high. Our next target price range is estimated to be between 3170$ and 3200$. We extend our best wishes for your successful trading endeavours. To enhance your trading outcomes, we strongly recommend employing accurate risk management techniques. Team Setupsfx_ 🚀❤️
OANDA:XAUUSDLong
by Setupsfx_
4
4/4 Gold Trading StrategiesAfter yesterday’s sharp drop, gold quickly rebounded, and by the end of the session, prices had returned close to the opening level. I’m not sure if anyone is currently stuck in unfavorable positions. Under normal circumstances, if your account has sufficient margin and risk tolerance, such volatility shouldn’t cause major damage. However, for those with weak positions or who bought at the top or sold at the bottom, losses may have occurred—especially common among newer traders who are often influenced by emotions. If you are currently holding short positions and hoping to wait for a price pullback, you'll need both time and sufficient margin. Based on current candlestick patterns, gold may attempt to test the 3128–3136 resistance zone again. Whether it moves higher will depend on the strength of the bulls. Importantly, there are several key U.S. economic data releases during the New York session today. Based on preliminary expectations, the data appears to favor the bears, which could put additional pressure on gold prices. 📉 Today’s Trading Strategy: Sell within the 3133–3152 zone Buy within the 3065–3032 zone 📊 Scalping/Short-Term Trades: Be flexible in the 3128–3088 range
FOREXCOM:XAUUSDShort
by China_MsWang
XAU/USD Analysis – Wedge Breakdown & Bearish Trade Setup1. Chart Overview The 15-minute XAU/USD chart shows a descending wedge pattern forming after a price rally. The wedge is characterized by a series of lower highs and lower lows, signaling a gradual weakening of bullish momentum. After consolidating within this wedge, the price has broken down, suggesting a bearish continuation. This setup provides a high-probability short trade with clear entry, stop-loss, and multiple take-profit levels. 2. Key Technical Elements A) Chart Pattern – Descending Wedge Breakdown A descending wedge is typically a bullish reversal pattern when forming at the bottom of a downtrend. However, in this case, it appears at the end of a corrective move, making it a bearish continuation setup. The upper trendline (black dashed line) acts as resistance, preventing price from breaking higher. The lower trendline (solid blue line) represents temporary support. The wedge narrows as price action contracts, leading to an eventual breakdown. 👉 Breakout Confirmation: The price has broken below the wedge’s support trendline. A minor pullback to retest the broken trendline suggests validation of the breakdown. B) Resistance & Support Levels 1️⃣ Resistance Level (Sell Zone) – $3,100 to $3,135 This area previously acted as a supply zone, rejecting bullish attempts. Price was unable to sustain above this level, leading to further downside pressure. Stop-loss should be placed above this level ($3,135.57) to protect against invalidation. 2️⃣ Support Level (Buy Zone) – $3,050 to $3,056 This was a previous reaction zone where price briefly bounced before continuing lower. Now acting as Take Profit 1 (TP1) at $3,056.58. 3️⃣ Breakout & Retest After breaking the wedge, price retested the trendline but failed to reclaim it, confirming the bearish trend. 3. Trade Setup & Execution 🔵 Entry Point: Short trade activation upon the breakdown and retest of the wedge structure. Price rejection at the trendline confirms seller strength. 🔴 Stop-Loss: Placed at $3,135.57, slightly above recent swing highs. This protects against false breakouts or sudden reversals. 🎯 Take Profit Levels: TP1 ($3,056.58): First target where buyers might step in. TP2 ($3,022.39): Midway target, acting as another strong support. TP3 ($2,985.44): Final target where price may stabilize or reverse. 4. Market Context & Confirmation Indicators 📉 Bearish Confirmation: Strong downward momentum suggests continued selling pressure. Price action is failing to make new highs, confirming lower highs and lower lows. 📊 Risk-to-Reward Ratio (RRR): The trade offers a favorable RRR, as the downside potential is significantly larger than the stop-loss range. ⚡ Additional Confirmation: A strong bearish candle confirmed the breakout, rejecting higher levels. Potential support breakouts suggest that price could reach TP3 if bearish momentum continues. 5. Conclusion – Trading Strategy Summary ✅ Pattern Identified: Descending Wedge Breakdown (Bearish) ✅ Trade Direction: Short (Sell) ✅ Entry Trigger: Breakout & Retest of the Trendline ✅ Stop-Loss: Above $3,135.57 (Wedge Resistance Zone) ✅ Take Profit Targets: TP1: $3,056.58 TP2: $3,022.39 TP3: $2,985.44 📌 Final Thoughts: This setup provides a high-probability trade with a clear breakdown structure and downside potential. If the price continues to respect the bearish trend, reaching all TP levels is likely. However, traders should monitor for reversal signals and manage risk accordingly. 🔔 Risk Warning: Always use proper risk management and adjust positions according to market conditions! 🚀
OANDA:XAUUSDShort
by GoldMasterTrades
How will gold perform after the super rollercoaster market?Gold's 1-hour moving average still shows signs of turning downwards. Although gold bulls have made a strong counterattack, it is also because of the risk-aversion news that stimulated a retaliatory rebound. However, gold continued to fall after rising, and gold began to return to volatility. In the short term, gold is supported near 3100. If gold falls below the support near 3100 again, then gold shorts will still have an advantage in this war. Overall, the impact of today’s non-agricultural data is expected to be dim. What is more important is the stimulation of the news. However, it may be noted that if gold holds the 3100 mark for a long time, then gold is expected to fluctuate upward above 3100. Trading idea: short gold near 3115, stop loss 3125, target 3100 The above is purely a sharing of personal views and does not constitute trading advice. Investments are risky and you are responsible for your profits and losses.
TVC:GOLD
by Fortune-signal
NFP - Shorting GoldThe gold market experienced huge fluctuations on Thursday, which created very good profits for us. During the entire trading process, we seized the profits of fluctuations of more than $50. The unemployment rate and NFP data during the US trading session on Friday, as well as Powell's speech on the economic outlook, are the focus of Friday's trading. Judging from the data released in March, the unemployment rate and NFP are more likely to be bearish for gold, so when trading data, my plan is to focus on short positions. At present, in terms of technical form, the indicators show that the bulls have not ended. In this case, the transaction needs to pay attention to the 3123/3136 resistance. If it cannot break through, the price is expected to fall again to 3103 or even 3086. Overall, today's trading focus is to sell at high levels.
FOREXCOM:XAUUSDShort
by Trading_King_Arthur
XAUUSD Today's strategyYesterday, as soon as the gold market opened, it rose strongly, and the price soared rapidly, once again hitting a new high of $3,167. After that, the market entered a volatile downward channel. During the noon period, there was even a sharp decline, dropping to $3,054 at one point, with a daily decline of 3.7%. However, the market trend was highly dramatic. Subsequently, the price rebounded and rose rapidly, and it maintained a consolidation trend near $3,110 at the end of the trading session. In this rapidly fluctuating market, both bulls and bears are trying to find the best entry opportunity. But the market changes are too crazy and rapid, and investors are often ruthlessly harvested by the market time and time again before they even have a chance to react. Today, based on a comprehensive analysis of both technical and fundamental aspects, the key support level of $3,100 remains valid. We continue to maintain a bullish view and expect that there is still room for the gold price to rise, and it is likely to continue the upward trend. XAU/USD buy@3100-3110 tp:3130-3140-3150 SL:3085 We share various trading signals every day with over 90% accuracy Fans who follow us can get high rewards every day If you want stable income, you can contact me
OANDA:XAUUSD
by HenryClarke
Trump Tariffs: Gold's Wild Ride & What's NextToday, Trump's policy of reciprocal tariffs has been officially implemented. The gold market, which has been overly hyped, has witnessed the fulfillment of a risk event, and the concentrated closing of long positions has triggered a deep correction. Spot gold prices plummeted from the high of $3,167.71 per ounce in the early Asian trading session. It touched a low of $3,054 per ounce, with an intraday amplitude of over $110, completing the technical action of building a top. The leading institutional investors have precisely taken advantage of the market psychology of "buying on the news and selling on the fact" and completed the long position layout before the tariff policy was implemented. Their operation method is quite typical: first, they attract retail investors to take over the shares through a pulsed upward pull. Subsequently, they adopt a three-stage washing method of "plunge - consolidation - second plunge", completely breaking the recent upward oscillation pattern in the Asian and European trading sessions. This method is identical to the top formations in history on many occasions, and its purpose is precisely to create panic selling and trap the chips that chased the high prices. Technically, a clear top signal has emerged in the daily chart of gold. Currently, the decline has exceeded the 38.2% Fibonacci retracement level, and the price has fallen below the middle band of the Bollinger Bands, indicating that the medium - term trend may reverse. However, it should be noted that this round of adjustment has not yet completed the complete five - wave structure. In the future, we need to focus on the guidance of tomorrow's non - farm payrolls data on the market's expectations of the Federal Reserve's policies, as well as whether the weekly closing price can confirm the head pattern. John suggests that it's advisable to mainly adopt a wait - and - see approach. One should get involved only after the trend stabilizes. Pay attention to the resistance levels above at 3118 and 3130, and the support levels below at 3100 and 3085. I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
FOREXCOM:XAUUSDLong
by JohnGonzalez7
1