Is the gold market ushering in betting?
📌 Gold driving factors
There are two aspects to look at the impact of April non-agricultural data on the gold market.
One is the data itself and the existing economic environment, and the other is combined with the technical aspect.
The market itself is troubled by the tariff issue. Whether it is the US stock market or the US dollar, it needs good economic data to boost it. Once the April non-agricultural performance is poor, the market sell-off will be out of control, and it also means that the risk of US economic recession is increasing.
Secondly, good data performance reduces the Fed's expectations for rate cuts. As we all know, the Fed's expectations for rate cuts or rate cuts are theoretically good for gold prices, and vice versa.
The cooling of the tariff issue may come soon, which is also not conducive to the rise in gold prices, but cooling does not mean the end, and the final achievement will definitely take some time.
📊Comment Analysis
"After experiencing short-term fluctuations, the price of gold appears to be relatively stable around $3,250. If it is to rise further, it must break through the $3,300 mark. But whether the market is ready to break through this point remains to be seen."
At present, gold is still in a continuous adjustment trend. Although it retreated to the 3,200 line on Friday and then rose again, it is still under pressure below the opening of the 3,265 decline. This is also the pressure level we need to pay close attention to next Monday!
The sideways trading period on Friday is long enough, and it is time for a breakthrough. So how should we arrange the market next week? It should not rise, but it will fall instead. It is not difficult to understand the trend on Friday. If it rises in the morning next week, it should be noted that the upper 3,265 is the watershed. If it breaks through, it will continue to rise, but if it is still under pressure, it is our opportunity to enter the short position!
💰Strategy Package
Operation ideas for next week:
Short at 3265 gold, stop loss at 3275, target 3230-3220;.
The market fluctuates violently, and real-time entry and exit are mainly based on real-time guidance!
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
Xauusdtrading
As expected, gold prices continue to fall
📌 Gold driving factors
There are two aspects to look at the impact of April non-agricultural data on the gold market.
One is the data itself and the existing economic environment, and the other is combined with the technical aspect.
The market itself is troubled by the tariff issue. Whether it is the US stock market or the US dollar, they all need good economic data to boost. Once the April non-agricultural performance is poor, the market sell-off will be out of control, and it also means that the risk of US economic recession will increase.
Secondly, good data performance reduces the Fed's expectations for rate cuts. As we all know, the Fed's expectations for rate cuts or implementation of rate cuts are theoretically good for gold prices, and vice versa.
The cooling of the tariff issue may come soon, which is also not conducive to the rise in gold prices, but cooling does not mean the end, and the final achievement will definitely take some time.
📊Comment Analysis
Recently, we have been very good at controlling the gold market. Keeping an eye on the changes in fundamental news is the focus of research and judgment. Of course, the technical direction is also of reference value. The next market will revolve around fundamental news, especially in the context of tariffs.
The non-agricultural data exceeded expectations, and the tariff issue may see "dawn". If it can be confirmed in the near future, the risk aversion sentiment will subside in the short term, which is not conducive to the rise of gold prices. There is a high probability that there is room for retracement, so there is no rush to chase now.
💰Strategy Package
Operation ideas for next week:
Gold 3265 short, stop loss 3275, target 3230-3220;.
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the capital account
- Stop loss is 1-3% of the capital account
5/2 Gold Trading SignalsI'm very sorry that today's update is a little late because I'm traveling during the holiday. However, I have already told you about the trading strategy yesterday. The market changes are still in line with our expectations. Following the signal of selling in the 3260-3280 range, the returns should be good.
Gold is now falling back. There is support near 3200, but the bears are strong at present, so it is still mainly selling. This decline is expected to fall below 3200, but because of the support, the possibility of a direct break is not very high. If it falls directly, there will definitely be at least one small rebound, roughly around 3210.
So the transaction can be carried out like this:
Buy in the 3194-3185 range
Sell in the 3246-3258 range
Non-farm data is released, and gold is still going to fall.
📌 Gold information
Today, the market will usher in the heavy non-farm data for April. From the expected value, there are only 130,000 people, far lower than the expected 228,000 people, and the unemployment rate remains at 4.2%.
If we refer to the unsatisfactory ADP data in April, then the number of non-farm people in April should have declined, or it is lower than expected, but the ADP data cannot fully correspond to the final non-farm data. This is the answer given to us by too many experiences in the past, so it cannot be concluded that the non-farm data this time will be lower than expected.
📊Comment analysis
Combined with the technical aspect, the strong technical pressure above the international gold price is around 3280, and then the 3300 mark. Even if it rebounds next, the pressure of the above two prices cannot be broken, and there is still a probability of a pullback adjustment. The initial support below is 3230, and after breaking through the position, it will follow the trend to explore 3205.
💰Strategy Package
If today's non-agricultural data cannot provide strong support for gold prices, the rise in gold prices in the short term will be difficult to sustain. The specific decision can only be made after the final release of the afternoon data and the guidance on prices. The trend fluctuations tonight will be very intense. Remember to strictly control your positions to prevent risks.
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
Gold is still in a weak phaseIn terms of news: international tensions have eased recently, the United States may reduce tariffs on Chinese goods, Russia-Ukraine peace talks have made progress, market demand for hedging has weakened, and funds have shifted from gold to risk assets. At the same time, the mining agreement between the United States and Ukraine boosted the U.S. dollar in a short period of time. The U.S. dollar index strengthened and broke through the 100 mark. The appreciation of the U.S. dollar caused the relative depreciation of gold and suppressed the price.
Technical aspects: From the current market, gold is in a downward trend in the short term. In the short term, we should first pay attention to the suppression of 3260 US dollars on the top. Pay attention to the gains and losses of 3200 yesterday on the bottom. If it falls below 3200, it may further go to 3167.
Trading ideas: Short gold near 3260, stop loss 3270, target 3240
Gold starts a unilateral decline?
📌 Gold information
U.S. stock indexes fell sharply in midday trading due to disappointing U.S. economic data. On Friday, the U.S. Department of Labor will release the crucial monthly employment report. This is likely to be the most important U.S. data point so far this year.
In other news, Dow Jones News Service reported: "Tariffs are beginning to bring pressure, prompting the Eastern giant to increase stimulus to support economic growth.
📊Comment analysis
For international gold, what you need to do now is to follow the market. Don't think about bottom fishing. You can do a short-term rebound during the day. When the market has clearly broken the structure, you should choose to believe in the technical side, rather than speculate on the next support. This will only be endless. At this stage, if you fail to bottom fishing, are you still ready to try again near the integer of 3200? This is not over yet. Even if it falls below 3200, the 3180 horizontal support will be immediately below.
This round of decline is about to completely give up the second rise in the front end, depending on 3180. This is why I just said that 3200 will immediately encounter a new support. The reason why many people choose to go long above 3240 is also because it is the first stage of the high platform of the front-end surge, and it is necessary to defend. Unfortunately, the defense is not successful now. In other words, if you want to go short next, you have to look at the continued decline. What are the characteristics of the continued decline? You certainly can't tolerate it having an excessive rebound, so don't think about any high-altitude trading strategy.
💰Strategy Package
Short position:
Actively participate at 3230 points, and the profit target is around 3200 points
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the capital account
- Stop loss is 1-3% of the capital account
3236 becomes the dividing line between long and shortGold 3243 is the watershed between long and short positions. As long as this point is not broken, shorting at highs is still the main theme. You can continue to arrange short positions based on the suppression of 3236. The 3195-3190 area below is an important support. If the market retreats to this area, you can consider going long based on the actual situation and seize the opportunity of long-short conversion.
5/1 Gold Trading SignalsGold failed to show a decisive move yesterday as expected, and the market continues to trade within a tight range between 3260 and 3300, resulting in limited profit opportunities.
As of this update, price remains in sideways consolidation, with 3260 having been tested for the fifth time, indicating that this support level may be weakening.
🔍 Technical Outlook:
Given that current price levels are closer to the 3220 key support zone, it's more likely that the market will dip lower to test support before any meaningful rebound.
The inability to break above 3300 strengthens the case for a near-term bearish move.
✅ Trading Recommendations for Today:
🔻 Sell Zone (Short Entries):
3310–3330
🔺 Buy Zone (Long Entries):
3230–3200
⚠️ Manage position sizes carefully, and wait for confirmation of support before committing to larger entries.
Gold 3213 and 3272 are space switching points
📌 Gold information
The US non-farm payrolls report released this Friday (May 3) will become a market vane. If the employment data deteriorates significantly (such as the sharp drop in private employment growth shown by ADP), it may strengthen the expectation of interest rate cuts and promote the rebound of gold; on the contrary, if the data is stable, the US dollar may further suppress the price of gold.
The intraday decline in gold prices seems to be partly driven by technical selling pressure, after gold prices decisively fell below the key support level of $3,265-3,260. However, due to the unexpected contraction of US GDP and the intensification of signs of slowing inflation, the market's expectations for further interest rate cuts by the Federal Reserve (Fed) have increased, and the US dollar (USD) has found it difficult to maintain any significant rebound.
📊Comment Analysis
Gold price rose strongly by $544 in April. It entered the mode of space sweeping and adjustment from the confirmation of 3500. The next move is to sweep the range of the large range, starting at at least $40, and the range is $100, sweeping back and forth
💰Strategy Package
🔥Sell gold area: 3270-3272 SL 3277
TP1: $3260
TP2: $3250
TP3: $3240
🔥Buy gold area: $3178 - $3176 SL $3171
TP1: $3185
TP2: $3200
TP3: $3210
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
Gold suddenly rose. Be wary of gold’s retracement?The ADP report released in the morning said that the pace of hiring slowed sharply in April as companies prepared to deal with the possible impact of US President Trump's tariffs on US trading partners.
This month, the number of new jobs in the US private sector was only 62,000, the smallest increase since July 2024, significantly lower than the expectation of 115,000, and slower than the 147,000 increase after the downward revision in March.
After the data was released, spot gold rose in the short term and once touched around $3,320.
Gold fell to a low of 3,266 in the morning. With the release of ADP data, it was another short-term rise of $50-60.
Many traders may not know where to start with the current gold market and think it is still in the process of rectification.
Of course, it is definitely not wrong to look at it this way, after all, gold is still in the process of rectification.
However, traders should be alert that some Asian countries have entered a trading suspension state starting today, and it will last for about 5 days. The price of gold may fall during this period.
Quaid's analysis:
Gold rose to around 3320 in the morning, but failed to break through the upward resistance level of 3325. And 3320 is the 618 position of the trend Fibonacci from 3352 to the low point of 3266. If 3320 is the current high point of wave B, then 3352 is point A. Then point C is likely to appear around 3230.
Therefore, Quide believes that gold is likely to break down.
Operation suggestions:
Short at 3305-2210, stop loss at 3317, and take profit at 3250-3230.
Thank you for reading. If traders can leave your different suggestions, Quide will be very grateful to you.
4/30 Gold Trading SignalsGold showed limited movement yesterday and did not enter either of our predefined major trading zones, leading to minimal profits.
As of now, the price continues to consolidate. A larger movement is likely to occur during the U.S. session following key economic data.
Until then, consider short-term range trading between 3330-3290.
📌 Why Today’s Data Matters
Gold has been trapped in a tight range for several sessions, and a directional breakout is imminent.
Today’s data release will likely dictate that direction, so it is crucial to stay alert.
✅ Data-Driven Strategy:
If data is bullish (gold rallies):
Avoid chasing the initial breakout. Wait for the first spike to settle, then short the retracement, with a TP of less than $10.
If bulls remain strong, the retracement should stay under $20. Once short positions are closed, watch for confirmation to go long.
If data is bearish (gold drops):
If price doesn't reach the lower buy zones(3258-3223), wait for a minor rebound to short, targeting the next leg lower.
📌 Today's Suggested Trade Zones:
🔻 Sell Zones:
3378–3418
3330–3358
🔺 Buy Zones:
3258–3223
3110–3330 (ladder entries)
Key intervals and trend judgmentKey range and trend judgment:
The current gold price is in a narrow range of 3300-3305 support zone and 3325-3330 pressure zone. Technical analysis:
1. Support logic:
- 3300 is an integer psychological barrier, which coincides with the MA60 moving average (dynamic support) of the 1-hour chart;
- After hitting the bottom of 3300 several times recently, it rebounded and formed a short-term bottom structure.
2. Pressure logic:
- 3330 is the upper rail resistance of the Bollinger band on the 4-hour chart, and it is the previous high-intensive trading area;
- The top divergence signal appears at the MACD daily level, suppressing the upward space.
3. Volume characteristics: Shrinking volume oscillation, need to wait for breakthrough and large volume to confirm the direction.
Trading strategy and operation plan
1. Buy low and sell high within the range (short-term)
Long position strategy:
Entry point: 3300-3305 range (price retracement does not break, and 1-hour chart RSI <30), try long with a light position. Take profit target: 3315 (first target), 3325 (second target) Stop loss 3292 (break through the previous low support).
Short position strategy:
Entry point: 3325-3330 range (price touches pressure and falls back, 15-minute chart MACD dead cross), try short with a light position, take profit target: 3310 (first target), 3300 (second target); Stop loss: 3338 (break through the previous high pressure).
2. Follow the trend after the breakthrough (trend following) Upward breakthrough (stabilizing 3330): Pursue long signal: the price breaks through 3330 with large volume and then falls back without breaking, the target is 3350-3360 (previous high of the daily line);
Stop loss: 3320 (below the breakthrough point).
Downward break (falling below 3300): Pursue short signal: the price falls below 3300 and the pullback confirmation is invalid, the target is 3280-3260 (weekly MA20 support); Stop loss: 3310 (above the break point).
Pattern interpretation:
- The 4-hour chart converges in a symmetrical triangle, and the theoretical target after the breakthrough is the height of the triangle ; If it breaks upward, the target is 3350; if it breaks downward, the target is 3270.
Volume coordination: When breaking through, the trading volume needs to be enlarged by more than 20%, otherwise be alert to false breakthroughs.
Gold is in the stage of oscillating and choosing direction in the short term, and the strategy is mainly to sell high and buy low within the range + follow the breakthrough.
The gold strategy is correct, enter the market at key points.Gold clearly treated the wide range of fluctuations, and the strategy was basically realized! In the real market, I also arranged short orders at 3345 and 35, and took profit at 3313-14! I continued to arrange long orders at 3302, and finally successfully reached the profit target of 3315! The overall harvest was good.
Analysis of gold trend:
On Tuesday (April 29) in the Asian market, spot gold fluctuated in a narrow range and is currently trading at $3337.58/ounce. Gold prices reversed their decline on Monday and rose. Earlier, they fell to around $3268, but then there was a low-absorption buying, and gold prices closed at $3343.91/ounce; the dollar fell across the board on Monday, which also provided support for gold prices. Investors cautiously waited for further news on US trade policies and prepared for a week of intensive economic data, which may initially indicate whether US President Trump's trade war is having an impact.
From a technical perspective, gold prices reversed their decline on Monday and rose. Gold repeatedly tested the 3260-3270 area for support. Gold has formed a multiple bottom structure in the short term, so gold may end its short-term adjustment. This time, gold has already adjusted, and it is unlikely to adjust again. Therefore, as long as it does not break the 3260 low in the near future, gold will rise and there will be room for growth. As for the high point, there are two dividing points, one is the 3337 high point, breaking 3337 is a strong shock, and the other is the 3370 high point, breaking 3370 is absolutely strong, then, the upper space is opened, and then look at 3420-3500.
From the daily chart, the daily line forms three bottoms at 3260, and the daily line closes positively, and the bullish trend is obvious. As long as the daily line is positive, it will not be able to go to the upper track or the previous high is just around the corner. The 4-hour cycle is also absolutely strong after Monday's rise, but now the unilateral rising mode of the Bollinger opening has not yet formed, and the gains and losses of 3370 will be tested here. Therefore, if the bullish long position continues on Tuesday, it must pay attention to whether 3370 breaks. If 3370 breaks, there will be a strong unilateral rising space. If 3370 does not break, it will still be a large range of fluctuations. Then, the only thing to consider during the day is to adjust the long position. Today, the lower support is around 3300-3310, and the upper pressure is around 3350-3360.
Gold still has a chance to reboundCurrently, gold's bulls and bears are still oscillating within a large range. The key pressure above and the upper edge of the range are maintained near 3365-70, while the lower edge of the large range and the support are maintained near 3260. It is very likely that there will be multiple shocks and choices within this range again.
Gold retreats to around 3302-00 during the day, go long, target around 3330-50, stop loss 3295.
Shorting opportunities are coming near 3330 in the US market!
📌 Driving events
Because the easing of US-China trade tensions has weakened gold's safe-haven appeal, while investors are waiting for US economic data to assess the Fed's policy direction. Gold has been in a range recently as the market now waits for details of the first trade agreement, which is expected to be announced this week or next week.
📊Comment analysis
Gold reached a turning point last week, with Trump making some very positive comments, while stagflation risks continued to be excluded, and gold continued to fall. Stagflation pricing has driven gold prices higher, and as the market begins to exclude this risk, it is normal for a correction to occur, especially considering that "long gold" has become one of the most crowded trades.
💰Strategy Package
Short position:
Actively participate around 3330 points, profit target around 3300 points
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
GOLD / XAUUSD: Analysis Daily!🔷 BUY XAUUSD: 3298/3300 (swing)
- Stoploss: 3293
- Target: 3310 / 3320 / 3330 / 3350
*Signals are for reference only, not recommended to be followed!*
Analysis: XAU/USD has a neutral-to-bullish near-term outlook. On the 4-hour chart, it's struggling with a flat 20 SMA, while the 100 and 200 SMAs are risin. Indicators are improving but still weak and in negative territory.
Support levels: 3314 - 3301
Resistance levels: 3344 - 3358
Gold is still volatile, buy at 3298-3305 in the US market
📊Comment analysis
Gold prices need economic news to break through the sideways price range of around 3300. Today, continue to wait and see around 3310, waiting for the right time to enter the market in time.
💰Strategy package
Long positions:
💲Actively participate in gold around 3298-3305 points, with a profit target around 3320 points
Short positions:
💲Actively participate in gold around 3320-3330 points, with a profit target around 3303 points
💢Precise sniping, follow the trading strategy = easy money
4/29 Gold Trading SignalsThe buy orders initiated around 3273 yesterday have already delivered solid profits.
After a slight rally at today’s opening, gold prices have pulled back.
Currently, the candlestick formation shows no clear directional trend, while some short-term technical indicators are pointing downward.
Before any corrective signals appear, we need to closely watch the support near 3306.
As long as this level holds, the short-term bullish momentum still has a chance to continue.
On the news side, today's scheduled data releases are of minor impact.
Focus instead on developments regarding the India-Pakistan situation and US Treasury Secretary Bessent’s press conference.
If geopolitical tensions escalate, gold may break out to new highs.
🔹 Today's Trading Strategy:
Sell within 3407-3428 zone
Buy within 3258-3223 zone
Flexibly trade between 3346-3313 / 3378-3336 / 3273-3316 zones
Please manage your positions carefully and stay alert for unexpected market moves.
Gold is stuck in the 3300 area, when can it break through?
📊Comment Analysis
Gold prices need economic news to break through the sideways price range around 3300. Today, we will continue to wait and see around 3300, waiting for the right time to enter the market.
💰Strategy Package
Long positions:
💲Actively participate in gold around 3300-3310 points, with a profit target around 3330 points
Short positions:
💲Actively participate in gold around 3330-3340 points, with a profit target around 3310 points
💢Precise sniping, follow the trading strategy = lying down and making money
Gold plunged $36 during Asian trading hours. What's the reason?Spot gold suddenly fell sharply during the Asian session, and the current price of gold is around $3,310/ounce, a plunge of $36 during the day.
In the optimistic market sentiment, the recovery of US dollar demand seems to put downward pressure on gold prices.
Quaid believes that optimism about the possible progress in trade negotiations between the United States and its major trading partners supports risk appetite, boosts the performance of the US dollar against major currency competitors, and gold sellers are trying to regain control.
The Wall Street Journal said that weakening the impact of auto tariffs is the latest concession of Trump's trade policy after market turmoil and fierce lobbying by companies and other countries.
Looking ahead to this trading day, trade headlines and the re-adjustment of positions at the end of the month will play a key role in driving gold prices.
Trading analysis:
From a technical point of view, gold prices are currently trying to break down again after failing to confirm a break below the three-week rising channel on Monday. However, as the 14-day relative strength index is still above the midline, any decline in gold prices may be quickly bought.
During Asian trading hours, gold must close at the rising trend line support of $3,300/oz to confirm a break below the rising channel. Long-term important support for gold prices is in the $3,260/oz area.
If gold prices continue to fall below the above level, a new downward trend towards the $2,975 area will begin.
If buyers defend the above channel support of $3,300/oz, a rebound to the static resistance of $3,370/oz will be inevitable. If gold prices continue to recover, the target will be $3,400/oz, followed by the historical high of $3,500/oz.
The market is currently in a state of sideways fluctuations. I hope Quaid's analysis can help all traders understand the trend of gold in depth.
Gold prices fell at the beginning of this week
🌐Drivers
Gold prices fell slightly to $3,310 in early Asian trading on Monday, retreating from the record high set last week as signs of easing global trade tensions grew.
According to Reuters, U.S. Agriculture Secretary Brooke Rollins revealed on Sunday that the Trump administration is in daily consultations with China on tariffs. Rollins also stressed that agreements with several other countries are "very close" to being finalized.
"The news suggesting a possible partial exemption from retaliatory tariffs further boosted market sentiment and caused gold prices to fall below the $3,300 mark," said Tang Yuxuan, a strategist at JPMorgan Private Bank.
📊Commentary Analysis
At the beginning of this week, gold prices were mainly sideways, without much news impact, trading around 3,300 points, and gradually falling back.
🔷Technical side:
For the current gold, the 1-hour chart is fluctuating widely between 3,300-3,270, and is currently at $3,276.
✔Operational suggestions, keep short-term trading:
Bearish strategy:
If the gold price rebounds to the range of 3320-3330 US dollars, you can try to short, with a target of 3280 US dollars and a stop loss of 3335 US dollars.
Bullish strategy:
If the gold price falls to the support of 3260-3270 US dollars, you can go long with a light position, with a target of 3330 US dollars and a stop loss of 3275 US dollars.
💥Risk warning
Liquidity risk: The market may be bearish in early May, and price fluctuations may be amplified.
Policy black swan: Trump may suddenly make tariff policies or personnel changes at the Federal Reserve, causing violent market fluctuations.
Technical false breakthrough: There are a large number of stop-loss orders near 3350 US dollars, and you need to be wary of reversals after inducing more.
Summary:
This week, the gold market will be affected by geopolitics, Federal Reserve policies and the trend of the US dollar. The fluctuation range is expected to be between 3260 and 3350 US dollars. Investors need to pay close attention to key support and resistance levels and adjust their strategies flexibly.
Gold is trapped in the 3260-3370 box shock!
🌐 Driving factors
US President Trump will be in office for 100 days in his second term. On April 27, local time, a new poll jointly conducted by ABC, The Washington Post and Ipsos Group showed that Trump's approval rating for the first 100 days in office was 39%, which was 6 percentage points lower than in February this year, and set the lowest approval rating for the first 100 days in office of all US presidents in the past 80 years.
The results of the Russian-Ukrainian negotiations are not optimistic, and the geopolitical situation is tense.
📊 Commentary analysis
The recent gold fluctuations are really violent and very fast. If you hesitate a little, you will basically miss the market. If you are too anxious, you will easily hit the stop loss. Now the fluctuations in a few hours are higher than the amplitude of the past month. The stop loss of 3-5 US dollars can be easily swept. The market is changing, and the corresponding stop loss should also be enlarged.
🔷 Technical side:
For the current gold, the 1-hour chart card fluctuates widely between 3260-3370, and is currently at 3290 US dollars.
✔Operational suggestions, keep short-term trading:
Bearish strategy:
If the gold price rebounds to the range of 3350-3360 US dollars, you can try to short, with a target of 3290 US dollars and a stop loss of 3365 US dollars.
Bullish strategy:
If the gold price falls to the support of 3260-3270 US dollars, you can go long with a light position, with a target of 3340 US dollars and a stop loss of 3255 US dollars.
💥Risk warning
Liquidity risk: The market may be bearish in early May, and price fluctuations may be amplified.
Policy black swan: Trump may suddenly make tariff policies or personnel changes at the Federal Reserve, causing violent market fluctuations.
Technical false breakthrough: There are a large number of stop-loss orders near 3350 US dollars, and you need to be wary of reversals after inducing more.
Summary:
This week, the gold market will be affected by geopolitics, Federal Reserve policies and the trend of the US dollar. The fluctuation range is expected to be between 3260 and 3370 US dollars. Investors need to pay close attention to key support and resistance levels and adjust their strategies flexibly.