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GOLD → Gold Market Forecast and AnalysisFor most of the period from 2025 to now, gold prices have risen almost continuously, hitting new all-time highs. Since October 2022, gold prices have almost doubled, rising by more than 25% in 2025 alone, reaching a new all-time high of $3,500 per ounce on April 22. The $4,000 price level, once considered untouchable, is now openly discussed in trading halls around the world. The easing of global tensions, especially between the United States and China or in Eastern Europe, could significantly reduce safe-haven demand. While this is not the base case for 2025, it is still an unexpected risk that traders must consider. In fact, gold prices have retreated from recent highs after US President Trump hinted that tariffs on China might be reduced. The sharp rise in gold prices increases the possibility of a correction. If the upward momentum slows, profit-taking could trigger a rapid and violent sell-off. As with any parabolic rise, volatility is inevitable; prices often experience a short-term downward trend before setting new all-time highs. Traders with short-term strategies should be aware of such price declines and practice risk management: avoid large trades, set stop-losses, and diversify their portfolios. Quaid wants to say: Opportunities always come to those who dare to act. Be bold in the gold market, and the next winner will be you, my friend.
OANDA:XAUUSD
by Quaid-1
Gold is under pressure and falls again Short again on rebound!Gold rebounded weakly during the European session, and fell twice during the US session, with the lowest price dropping to 3265. However, even though it is extremely weak at present, it is not recommended to blindly chase the short position. The support below is 3260, which is the previous low point and is close to the volatility limit. Instead, you can try short-term long positions with a light position. The short-term pressure above is maintained at 3306, and the breakthrough will gradually reach 3315 and 3328! Operational suggestions: Gold is short near 3310-20, and look at 3300 and 3280! Long positions can be made if the support below 3260 is not broken!
OANDA:XAUUSDShort
by TP_Daniel5
Market trend analysis and unique operation layoutTechnical analysis of gold: From the performance of the daily chart, the recent trend of gold prices has shown a high consolidation trend, and there has been a significant correction from the high point near $3,500. After hitting the low point of the week, the gold price rebounded to a certain extent, but the rebound strength was blocked near the 23.6% Fibonacci retracement level (about $3,368-3,370), which has now become an important short-term resistance. Today's opening trend of the gold market is like yesterday. The upward mode started during the Asian session, rising all the way to around $3,370, but encountered strong resistance here, and then turned downward and started a decline. It is worth noting that today's gold price not only failed to break through this key resistance level, but also fell below the low point hit by yesterday's European and American sessions, and rebounded after the lowest point fell to $3,265. In view of the important trend of gold prices breaking down key points, the subsequent market is likely to consider the idea of ​​​​swinging and shorting. From the current market structure, the position of $3,260 has become the focus of the market, and investors need to pay close attention to whether the gold price can reach or even fall below this point. Once it effectively breaks, the bearish trend will be further strengthened, and the market may usher in a deeper adjustment. From the 4-hour chart, the intraday rebound is under pressure from the middle track downward. At present, the K-line has returned to run below the moving average. The short-term trend is bearish. The market may further test the support near the lower track 3260. The short-term upper pressure focuses on the pressure near 3315, which is near the ma5 moving average. Above it is the pressure near the middle track currently moving down to 3338. Relying on these two pressures, there is still room for further decline in the short term, pointing to the previous day's low of 3260, so you can try to buy the bottom with a light position for the first time. On the whole, 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 3315-3320 line of resistance, and the lower short-term focus is on the 3265-3260 line of support. Friends must keep up with the rhythm.
OANDA:XAUUSDShort
by TP_Daniel1
Can gold continue its decline and hit a new low?US President Trump said he had no intention of firing Fed Chairman Powell. Affected by this, the US dollar soared in the short term and spot gold plummeted dramatically. This remark marks a huge change in Trump's attitude. He has recently stepped up his criticism of Powell and refused to rule out the possibility of taking the unprecedented step of firing Powell. Gold technical analysis: This wave of gold correction is still continuing. The market has actually warned about today's pullback. After all, yesterday's closing line was a big negative line, so there must be a continuation in the trend of gold. Moreover, after gold rose to 3500 yesterday, the trend weakened. The market fell all the way and broke through the 3400 mark and 3300 mark, and fell to the lowest level of 3290! To be honest, this round of decline is still quite strong. After breaking the continuous positive, the market ushered in the suppression of the market pullback, and at present, there is still a trend of continuation! In terms of short-term operation ideas for gold, it is recommended to sell short. The short-term focus on the upper side is 3320-3330 resistance, and the short-term focus on the lower side is 3285-3245 support.
OANDA:XAUUSDShort
by LesleyShaw
GOLD Long Trade Idea | Buying Zone: 3197–3216 | Trend Reversal Gold is currently approaching a key buying zone between 3197 and 3216, where buyers are likely to step in. This zone has previously acted as a strong support level, and signs of a trend reversal or continuation could emerge from here. 🔑 Trade Setup: Buying Zone: 3197–3216 Potential Upside Targets: Target 1: 3245 Target 2: 3275 Stop Loss: Below 3180 (as per your risk appetite) Trend: Bullish bias above support Indicators: Look for bullish candlestick patterns or RSI bounce from oversold area This zone is critical—watch closely for confirmation before entering. Ideal for swing traders looking for a low-risk entry. This is a trade idea, not financial advice. Always do your own analysis.
OANDA:XAUUSDLong
by Forexcryptowithjohn
Gold Analysis The recent gold rally has achieved all anticipated price targets in a remarkably short timeframe, subsequently attracting profit-taking activity. These sellers are currently dominating price action, creating what appears to be a potential head and shoulders pattern with the head at $3,500 and neckline at $3,280. Should the 4-hour candle close below this neckline, it would confirm the pattern formation, suggesting a downside target of $3,080. The RSI indicator further supports this bearish outlook, with a clear negative divergence forming over the past three days while remaining below the 50 level SAXO:XAUUSD AMEX:GLD AMEX:IAU COMEX:GC1!
SAXO:XAUUSDShort
by IsmailAbdulMeguid
Oscillating downward! The bearish trend is beginning to emerge!【Gold Analysis】 Interpretation of news: The current market presents a "three-legged" pattern: First, the uncertainty of the trade war. If the US insists on imposing new tariffs, the gold price may hit the $3,500 mark again; second, the suspense of the Fed's policy. Whether the May meeting will release a signal of interest rate cuts will become a key turning point; finally, the trend of the US dollar. If subsequent economic data continues to deteriorate, the US dollar index may fall below the 99 integer mark. The current gold market is caught in a fierce game of long and short factors. In terms of the trade war, the situation is not as good as Trump's remarks. The Asian giant issued a solemn statement on Thursday, emphasizing that if the US is sincere about solving the problem, all unilateral tariffs should be immediately cancelled. This statement is in sharp contrast to the "negotiation signal" recently released by the White House, making the trade outlook more confusing. The current market sentiment is cautiously optimistic. On the one hand, Finance Minister Bensont's statement that the trade confrontation may continue has triggered a rise in risk aversion; on the other hand, the expectation that the Fed may cut interest rates has provided fundamental support for gold. This complex psychology is the main reason why the price of gold fluctuates in the range of 3260-3500 US dollars. There is one last trading day this week. Let's see how this week ends. From the daily chart of gold, after the exaggerated reversal in the middle of the week, the current price of gold has not only lost the important support of 3350, but also formed an obvious bearish evening star in terms of shape, which means that there may be further correction space in the future. In addition, at this stage, the short-term moving averages MA5 and MA10 have been broken one after another, so it is not ruled out that they will continue to move closer to MA20, but their position is still below 3200. From the 4-hour chart of gold, although it once fell nearly 200 US dollars from the high, the price of gold gradually stood firm yesterday and began to fluctuate and rebound. It has now returned to above 3270. However, given that the moving average group is in a sticky state and the MACD indicator is adjusted to near the 0 axis, the short-term long and short competition may become more intense. Therefore, it is recommended to keep selling high and buying low as the main strategy, which is more stable. Pay attention to the resistance of 3370-3375 on the top and the support of 3285-3280 on the bottom; Investment strategy: short gold at 3310-3320, target 3265.
OANDA:XAUUSDShort
by TP_Daniel5
Gold's decline under pressure is in line with expectations! Gold market trend analysis: Gold technical analysis: This week, gold prices fluctuated, opening at 3332. So far, the high is 3500 US dollars and the low is 3260 US dollars. On Monday, it soared by 100 US dollars. On Tuesday, it continued to rise to 3500 highs in the Asian session and then fell back. On Tuesday and Wednesday, it plummeted by nearly 240 US dollars. The volatility slowed down on Thursday. The overall intraday fluctuations remained within 3367-3288. Today, the weekly line closed. The weekly line will compete for the closing of the Yin-Yang cross K line. The short-term is more intense. From the consolidation on Thursday, there is no further decline, which also leaves room and suspense for today's weekly closing. If the weekly line closes lower, it is expected to adjust further next week. Pay attention to the closing strength and weakness of the weekly K line this week. Today's opening trend of the gold market is like yesterday. The Asian session started the upward mode, rising all the way to around 3370 US dollars. However, it encountered strong resistance here, and then turned downward and started a decline. It is worth noting that today's gold price not only failed to break through this key resistance level, but also fell below the low hit in yesterday's European and American sessions, falling to a low of US$3,287 before rebounding. In view of the important trend of gold price breaking the key point, the market will most likely continue the short-selling idea in the future. From the current market structure, the position of $3260 has become the focus of the market. Investors need to pay close attention to whether the gold price can reach or even fall below this point. Once it effectively falls below, the short-selling trend will be further strengthened, and the market may usher in a deeper adjustment. From the hourly level, yesterday's low was at $3306, and the rebound just now showed an obvious stop signal at this position. Based on this, the current short-term suppression level can refer to $3315, and the upper level is $3328. For short-term investors, you can consider waiting for the gold price to rebound to around $3315 to arrange a short order and continue to be bearish on the gold price. The first thing to pay attention to below is the support of the low point just touched at $3287. If this support level is lost, the next key support level will be $3260, the first low point on the previous downward journey. If $3260 is also effectively broken, the short-selling force will be further released, and the gold price may face a larger decline. On the whole, today's short-term operation strategy for gold is to short on rebound and long on pullback. The upper short-term focus is on the 3315-3320 resistance line, and the lower short-term focus is on the 3285-3260 support line. Friends must keep up with the rhythm. Gold operation strategy reference: short gold rebound near 3310-3320, target near 3290-3285, break to see 3260 line. Gold pullback near 3270-3260 long, target near 3290-3310, break to see 3330 line.
OANDA:XAUUSDShort
by TP_Daniel1
Gold’s Wednesday highs and lows will determine next moveGold continues to consolidate after retreating from the resistance zone. It has consistently followed the downtrend line and repeatedly bounced lower from this resistance level. The market recently formed a triangle pattern and broke out of it, but notably, it did not trigger a massive sell-off. Currently, price action is testing the previous day’s low. However, I think the price could retest Wednesday’s low as the price is currently trading within Wednesday’s range. This has formed a “K” pattern on the daily chart, indicating that the next decisive move will occur after a breakout of Wednesday’s low or high. Overall, I expect the sideways movement to continue into next week and keep an eye on these key levels for potential signals. My target is the resistance zone near 3355.
OANDA:XAUUSD
by Quaid-1
Gold may hit a second bottom today!From the perspective of the daily line, yesterday's rebound relied on the short-term moving average to close positive, but the rebound was not very strong and the continuity was poor. If it can continue to close positive today, it will lay the foundation for an upward trend, and then it can be seen to gradually strengthen. If it closes negative today, or even falls below the short-term moving average, then gold may fall again. From the previous round of bottom support 2790, there is a triple bottom, and there is a bottoming process. Therefore, gold cannot be too optimistic about returning to a strong bull market at present, and still has this psychological expectation. As for gold today, the trend of gold rising and falling shows fatigue. If the trend line breaks, it will continue to be bearish. In the European session, it will rebound to 3336 and short. The support below is 3306. If there is no rebound but it goes sideways at a low level and continues to go down, then the first touch of 3306 can be seen as a small rebound. If 3306 breaks, then the rebound in the evening will continue to be short, and it is expected to test the lower level again.
OANDA:XAUUSD
by GillChristy
1
It is only a matter of time before the price breaks below $3,300From a daily chart analysis, gold showed a strong upward momentum during Tuesday's session, once hitting the key level of $3,500, before quickly retreating under overhead pressure and eventually closing with a bearish candle. This pullback after a sharp rally highlights significant selling pressure near the $3,500 level, where bullish momentum was fiercely resisted by bears at high prices. The bearish trend continued on Wednesday, with gold closing lower again to form a two-consecutive-day bearish candlestick pattern. This consecutive decline further confirms that bears have taken short-term dominance, with bearish forces gradually gaining the upper hand. Notably, the price action has a clear dividing line: the $3,317 level serves as the bull-bear watershed. A valid break below this level is likely to sustain the downward trend. Based on the current momentum, a decline below $3,300 appears only a matter of time, further reinforcing the short-term bearish sentiment. XAUUSD sell@3325-3335 tp:3300-3280 I hope this strategy will be helpful to you. When you find yourself in a difficult situation and at a loss in trading, don't face it alone. Please get in touch with me. I'm always ready to fight side by side with you, avoid risks, and embark on a new journey towards stable profits.
OANDA:XAUUSD
by H_C_12
Falling into range oscillation, just get the rhythm pointAnalysis of gold market trend On Thursday, the gold price remained in the 4H channel, and the middle and lower tracks were in the range of 3370-3260, with overall resistance to decline and correction; this trend is also normal; 1: In the early stage, the market fluctuated rapidly with a hundred points rise and fall, and the kinetic energy consumption was large, so the short-term trend returned to the consolidation trend later; 2: The fundamentals stopped, the technical demand was corrected, and the two resonated, and the gold price could only fluctuate and consolidate in the range; the analysis framework given yesterday was treated according to two intervals; they were 3370-3260 and 3370-3480; the strong and weak dividing point was 3370 above and below; We can also see that at the position of 3370, the gold price has been under pressure for 2 consecutive times and fell for 2 consecutive times; it can be seen that the strong and weak dividing point of the position above and below 3370! At present, the market: 1: Trend: There is no trend for the time being, and the range is high, the large range is 3480-3260; the bull trend is stagnant, and the bear trend stops falling. The trend cannot be judged for the time being; 2: Fundamentals, the future fundamentals will focus on the US debt crisis, trade war tariffs, and subsequent war issues, two core things; and uncertain fundamentals Today's market: 1: 4 hours, the stochastic indicator golden cross, the main long signal; in terms of form, slow bull rise; the current pressure position of the central axis is near 3370, and the probability of breaking upward is relatively high; therefore, the 4-hour can be treated as a shock rise; but the overall situation remains in the large range of 3480-3260! 2: In the daily K-line, the stochastic indicator diverges periodically, and the death cross is downward, which is a bearish signal; however, the high-level sell-off forms a sideways resistance to the decline, and the sideways support is in the range of 3280-3260; the MACD double-line golden cross is glued, and there is no death cross; the indicators in the daily K-line are contradictory, so the long and short trends are difficult to continue, and more range oscillations and high-level consolidation signals are given; To sum up: Today's short message is still processed according to the 4-hour range; 3370-3260 range and 3370-3480 range; if it stabilizes at 3370, the range processing will be changed; you can take a pullback to do more, and bet on the 4-hour range oscillation upward, and gradually break through the position of 3370;
OANDA:XAUUSDLong
by TP_Daniel1
1
Gold Updates - Friday April 25🔔 Friday Market Prep | Key Gold Zones Only Microstructure whispers. Friday price action bites. Friday is notorious for: Low-volume traps after London lunch; Dealer sweep games; Profit-taking volatility; And “just because” fakeouts to set up Monday gaps; We don’t predict—we prepare. These are the zones that matter going into NY session. 🔴 SELL INTEREST ZONES • 3362–3372 - HIT today gave 700+ pips profit✅ 🔁 Proven supply—hit twice already, high reactivity 🧠 Only valid on LTF confirmation for re-entry • 3384–3393 🔁 HTF imbalance + OB trap zone 🧠 Ideal for NY fakeout spike • 3410–3415 🔁 Premium OB + liquidity grab zone • 3450–3457 🔁 Untouched HTF OB + stop hunt territory 🟢 BUY INTEREST ZONES • 3278-3288 📍 Support pocket – OB + below Asia low • 3250–3260 📍 Deep OB + structural base • 3224–3233 📍 HTF EQ + reactive demand sweep zone 🧐 Friday is not for heroes—it’s for hunters. Watch for the sweep ➝ shift ➝ confirm before touching anything. Let Gold make the first move. We respond. 📌 Important Notice!!! The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your plan and wait for confirmation before taking action.
FOREXCOM:XAUUSD
by GoldMindsFX
XAU/USD 25 April 2025 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Analysis and bias remains the same as yesterday's analysis dated 23 April 2025 Price has now printed a bearish CHoCH according to my analysis yesterday. Price is now trading within an established internal range. Intraday Expectation: Price to trade down to either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high priced at 3,500.200. Note: With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment. Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. Analysis and Bias remains the same as yesterday's analysis dated 24 April 2025. Price printed as per my note yesterday whereby I mentioned that we should be surprised if price printed a bearish iBOS as all HTF's require a pullback. Price subsequently printed a bearish iBOS which confirms internal structure. Intraday Expectation: Price has traded up to just short of premium of internal 50% EQ where we are seeing a reaction. Price could potentially trade further into premium of 50%, or H4/M15 nested supply zone before targeting weak internal low priced at 3,260.190. Note: With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment. Trump's tariff announcement will most likely cause considerably increased volatility and whipsaws. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Gold remains volatile, good opportunity for two-way operation 💹Fundamental analysis Recently, many Fed officials have called for patience. Regarding tariffs, they have repeatedly emphasized that although the increase in import costs has pushed up prices, the high prices are caused by shrinking consumption, declining employment and shrinking family wealth. The final inflation increase may be lower than market expectations. Is the current Fed in a dilemma? On the one hand, we need to guard against economic downturn, and on the other hand, we need to be vigilant about inflation caused by tariff policies. 📊Comment analysis On Thursday, the gold price rose rapidly to $3,365 in the Asian session, and then the European and American sessions were dominated by fluctuations. The current market fluctuations are not large, mainly based on corrections. This is also a temporary rest since the gold price plummeted from $3,500, giving everyone the opportunity and time to reorganize their ideas. In addition, gold hit $3,370 again in the Asian session today. Recently, the Asian session is obviously larger than the European and American sessions. The main fluctuations are collectively in the Asian session. Whether this rebound will form a reversal depends on the breakthrough of $3,385. The bull market in the big direction has not encountered a breakout. What we need to pay attention to every day is the current intraday fluctuations, not the medium- and long-term layout. 💰Strategy Package Long position: Actively participate at 3,300 points, with a profit target of around 3,340 points Short position: Actively participate at around 3,360 points, with a profit target of around 3,320 points ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the number of lots that matches your funds - Profit is 5-10% of the fund account - Stop loss is 1-3% of the fund account
OANDA:XAUUSDShort
by Labaron
1
How to break through the gold shock patternOperation suggestionsTechnical analysis of gold: The current gold price is in a stalemate stage of long-short game. On the one hand, the path of the Fed's easing policy has been basically clear, and the US dollar is facing correction pressure; on the other hand, the stable global risk sentiment and the strong performance of the stock market have weakened the attractiveness of gold as a safe-haven tool. The repeated signals of global trade negotiations have also made the market direction unclear. From a technical point of view, gold has received support after the correction to the 26.3% Fibonacci retracement level near 3317 this week, and has returned to above $3,300 in the short term. The upper resistance focuses on the position of 3380. Once it breaks through, it will open up the space leading to the 3400 mark. From the daily chart of gold, yesterday's gold price fell sharply and recorded a large real body Yin line K-line pattern. The peak pattern of the previous price high is more obvious, suggesting that the upper pressure effect is strong. The MACD indicator double line began to turn downward, increasing the risk of further correction in the short term. However, the MA5 and MA10 moving averages have not turned downward yet. You can pay attention to the support and defense of the moving average. From the 4-hour gold chart, the gold price has been fluctuating and falling since it came under pressure at the 3500 level. The current price has fallen back to the 3260 level, with a short-term decline of 240 US dollars. Although there has been a rebound during the day, the upward trend has been destroyed. The MACD indicator has issued a dead cross signal, suggesting that the correction trend may have started. Gold fell after rising in the Asian session, and fell below the support levels of 3351 and 3330. Now the market rebounded near 3314, which is also in line with our analysis of the long and short trends. In the big trend, the gold rally did not exceed 3380, so there is still a downward demand, that is to say, it can only be regarded as a rebound during the decline. In the short term, this wave of gains stopped at 3367. Now it broke through 3351 and pierced 3316 to rebound. The main focus on the upper side is the support-to-resistance level of 51, followed by 3342. Specifically, you can wait for the area near 3345 to go short and see the gold price break the previous rebound low of 3314 to 3300. If it breaks down effectively, you can move the protection loss down to see the position of the rebound turning point of 3283 and 3260. On the whole, the short-term operation strategy of gold today is to short on rebound and long on callback. The short-term focus on the upper side is 3350-3370 resistance, and the short-term focus on the lower side is 3300-3280 support.
OANDA:XAUUSDShort
by TP_Daniel5
Gold fluctuates and is under pressure, the trend is bearish!Gold market trend analysis: Gold technical analysis: Gold fell by $240 in two trading days, but the rebound was also very strong, from yesterday's low of 3260 to 3367 in the early trading. The current volatility is still large, and the high and low points of $100 often appear. It is normal to fluctuate by dozens of dollars at random. So pay attention to the market. There is no shortage of opportunities. Just grab what you can grasp. ​ From a technical perspective, yesterday's closing was negative, slightly piercing the MA10 moving average, and losing the trend support line mentioned yesterday. Originally, today's technical theory should continue to be under pressure from the MA5-day, and the rebound confirmed that trend line, which can continue to be bearish, that is, 3338-40; but today's Asian session saw a strong wave of upward rush, reaching 3367 directly, which was quite unexpected. It was basically stimulated by short-term risk aversion news, and then it began to rise and fall, and then returned to below 3340; as long as the closing cannot break through and stand above the MA5-day resistance, it is still in a downward adjustment; today, it is still bearish, and the gold layout long orders were successfully harvested at 3316. Gold rebounded to 3343 and continued to be short. Gold fell again and harvested, and won two consecutive victories again. At present, the gold rebound is limited, and the US market rebound is still short. Gold's 1-hour moving average has formed a dead cross, so the moving average has not turned upward, so there is still downward momentum, and the rebound can continue to be shorted. After the Asian session hit a high and fell, gold rebounded several times and fell back under pressure near 3345. The US session rebounded below 3345 and continued to be shorted. It can still be shorted near the rebound of 3340. At present, gold is just a rebound. If there is no special risk-averse news, it is still difficult to go up directly. At least it must fluctuate first, and it is still bearish and volatile now. On the whole, the short-term operation strategy for gold today is to short on rebounds and to go long on pullbacks. The short-term focus on the upper side is 3368-3370 resistance, and the short-term focus on the lower side is 3260-3285 support. Friends must keep up with the rhythm.
OANDA:XAUUSDShort
by TP_Daniel1
Gold Analysis – New Leg of Correction Incoming?It’s been a “special” week for Gold, with wild swings that kept me mostly on the sidelines – except for Monday’s take profit. Now, however, the market is starting to show more clarity. ❓ Has the Market Topped Out? After a dip to 3260, the price reversed sharply, gaining over 1,000 pips to reach 3367. Yet, both recent attempts to push higher were rejected. Now, with the spike from 3360 to 3500 looking like a blow-off top, the stage seems set for a new leg of correction. 🔍 Key Technical Signs: • Heavy selling pressure near recent highs. • Price action suggests buyers are exhausted. • 3370 becomes a key resistance – as long as it holds, bearish setups are favored. 📉 Trading Plan: My approach is simple: 👉 Sell rallies 🎯 Target: a 1,000+ pip drop if 3370 remains intact. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
TRADENATION:XAUUSDShort
by Mihai_Iacob
5
How to play the game between long and short positions in goldThe hourly chart uses the high point of 3500 as the adjustment wave pattern, and is currently in the second rebound confirmation high point. That is, the high point of wave B in the adjustment wave pattern, and there will be some competition here. There will be repetitions in the confirmation process. At present, the 4-hour chart rebounds from the lower track to the middle track and shows signs of slight pressure. The volatility base is large, and the secondary confirmation high point depends on the pattern, which can be high or low. The lower point may be under pressure below 3370, and the high point may be under pressure again around 3408. The large wave base is more challenging for the entry point, so give the strategy in advance. There may be some mistakes. It is easy to sweep the loss first and move towards the established target. Yesterday's intraday short position between 3362-3365 was expected to retreat to 3306. It is also a precise band short point. Short-term first continue to short near the middle track 3362-3365, defense is placed at 3370.5, and the target is to reduce the position and break through 3306-3286 before looking down. Overall, the short-term operation strategy for gold is to short on rebounds and to buy on pullbacks. The short-term focus on the upper side is 3368-3370 resistance, and the short-term focus on the lower side is 3306-3285 support. Short order strategy: Short in batches near the rebound of gold around 3362-3365, stop loss 6 points, target around 3310-3285, break to see 3260;
OANDA:XAUUSDShort
by KittyBaldwin
4/24 Gold Trading StrategyYesterday's intraday recommendation to buy near 3260 has paid off, with gold trending upward after the market opened today and generating solid profits. The current pullback appears to be a healthy support retest. However, caution is needed—if the price breaks below 3306, momentum could drag it under 3300 again. Should that happen, a renewed long position at lower levels is still worth considering. The rebound so far lacks both strength and duration, suggesting a potential shakeout. While it could also be a bull trap, entering at lower levels limits downside risk—with the worst case being reduced profits, not significant losses. Today's Trading Strategy: Sell Zone: 3410–3440 Buy Zone: 3267–3230 Flexible Trading Zones: 3383–3340 / 3288–3336
FOREXCOM:XAUUSDLong
by China_MsWang