Gold is waiting for a breakthrough? A new trend?In the Asian market, gold has repeatedly tested the downward trend near $3,300. As of now, it has stabilized above $3,300 again. The current highest rebound is around $3,323. The price is under pressure at this position and keeps testing to break through this position.
From the hourly chart, the previous trend of falling from $3,365 was a decline and then rebound. The current trend from $3,350 is the same. The current market is around $3,325, which is the position we need to pay attention to.
If gold breaks through and stabilizes at $3,325 next, it will test the intraday high of $3,335.
Therefore, I suggest that you can maintain the 3,325-3,335 US dollars to enter the market for short selling. You can use yesterday's high of $3,350 as a defense. The target is the support of $3,300 below today.
Xauusdwave
Gold 3315 gains and losses are the key
📌 Driving events
From the news perspective, data released by the U.S. Department of Commerce on Tuesday showed that U.S. durable goods orders in April plunged 6.3% month-on-month, with an expected value of -7.8% and a previous value revised from 9.20% to 7.50%. Volatile commercial aircraft orders plunged 51.5% in April after rising in March. Boeing said it received only eight aircraft orders in April, the lowest since May 2024, far lower than the 192 orders in March, the highest since 2023. Affected by the sharp drop in commercial aircraft orders, U.S. durable goods orders fell more than expected in April, with core capital goods orders (excluding aircraft and military hardware) falling 1.3%, the biggest drop since October last year. Under the influence of uncertainty in tariffs and tax policies, corporate investment willingness is weakening.
Through the data, it is not difficult to find that American companies have shown obvious caution in assessing the demand outlook and have shifted their focus to cost reduction, which directly reflects the impact of uncertainty brought about by Trump's trade policy. At the same time, the tax legislation being debated in Congress has also put companies on the sidelines, further suppressing the impulse to invest.
📊Comment Analysis
After the pullback on Monday this week, the decline accelerated on Tuesday, and the continuous decline came back, changing the strong upward trend of last week
💰Strategy Package
In terms of operation, in the short term, long and short operations can be carried out in the range of 3315-3297 US dollars, and the support position of 3285/80 should be paid attention to below; medium and long-term investors can buy on dips and take advantage of geopolitical risks and the trend of weak US dollars to gradually establish long positions.
⭐️ 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 starts to go down? Double opportunities.Analysis of Asian market trend:
To summarize the short-term trend, "continue to step back and continue to seek key support". Gold rose and then fell in the Asian market yesterday, and the final rebound stopped at 3350. The trend is in line with our short-term bearish expectations. As for the market falling and breaking, it is a normal market. This means that the adjustment needs to continue. Today, the main focus below is still the support level of 3280. The early decline has approached this point, but it has not been completely touched; if this position is not broken, the bullish rebound is still there and it will rise at any time.
Operation adjustment, mainly low and high, supplemented by high and low, look at the shock sideways, wait for the market to break through the range and gradually look down; then the two main points of short-term focus, if the downward trend does not break 3280, then the rebound will first look at the high point of 3320. Strong breakthrough and stabilization at this position, if it does not break through yesterday's high point, it will continue to be mainly shocking; at the same time, unlike the previous consecutive rises in the past few weeks, this week's trend is slightly weak, and it is almost the weekend, so let's look at the amplitude of the range trend first.
Operation strategy:
Short around 3320, stop loss at 3328, target at 3290;
Long around 3280, stop loss at 3270, target at 3315.
Short-term trading is temporarily operated in this range, and a new layout will be made if it breaks.
Gold Short-Term Trading StrategyYesterday, gold broke through the resistance at $3,252 and surged rapidly 🚀! It is now just a step away from the $3,330 bullish breakout target mentioned on Monday 🌟. Today's price has traded in a range of $3,285 to $3,320, and with the 4-hour chart closing lower, the market is likely to experience further consolidation ⏳.
Short-term support for gold is near $3,280 ⏬, while the upper resistance is at the existing high of $3,325 ⏫. A breakthrough above $3,325 would shift focus to the $3,350 area 🏹!
Trading recommendations:
buy@3280-3290
tp:3320-3330
Professional trading strategies are pushed daily 📊
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Confused about market trends? Stuck in strategy bottlenecks?
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Gold fluctuates, and the profit range is in this area
📌 Driving events
After a phone call with Trump yesterday, Russian President Vladimir Putin said that efforts to end the war in Ukraine are on track and Moscow is ready to work with Ukraine on a memorandum of understanding for a future peace agreement. The United States has begun serious trade negotiations with the European Union, which has slightly improved investor sentiment. These negotiations broke the long-standing deadlock and brought some hope for more deals after Washington signed a framework agreement with the United Kingdom earlier this month. Trump had previously said that he could also reach an agreement with India, Japan and South Korea, but the negotiations with Japan seemed to be deadlocked over the issue of automobile tariffs.
📊Commentary Analysis
Gold prices fluctuated narrowly throughout the day, mainly due to the weakening of the US dollar and safe-haven demand after Moody's downgraded the US government's credit rating.
💰Strategy Package
For intraday short-term operations, pay attention to the 3200 area for long opportunities and defend 3193. Pay attention to the 3235 area for short opportunities and defend 3242.
⭐️ 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
Putin's phone call changed the market?
📌 Driving Events
Putin's "peace smoke bomb", gold is under short-term pressure
Just when gold was soaring due to risk aversion, a piece of news on Monday cooled the market instantly - after Putin and Trump talked on the phone, both sides released the signal that "Russia and Ukraine will soon ceasefire negotiations." Trump even announced loudly: "Russia and Ukraine will start ceasefire negotiations immediately!"
US President Trump said, "We will do everything we can to stop the conflict in Ukraine."
This news caused the market's risk appetite to rise briefly, and the gold price fell slightly to around $3,220 in the Asian market on Tuesday. But senior observers soon discovered that Putin's words were full of diplomatic rhetoric - he only said that the peace efforts were "on the right track" but did not promise a specific ceasefire time. Former Swedish Prime Minister Bilt pointed out: "This is Putin's victory. He successfully delayed the ceasefire pressure while continuing military operations."
Market truth: Geopolitical risks have not really subsided, and the safe-haven demand for gold is only a short respite.
📊Comment analysis
For investors, the question now is not "whether to buy gold", but "when to buy and how much to buy". At the moment when the global economic order is being reconstructed, the light of gold may have just begun to shine.
💰Strategy Package
Bullish breakout scenario: If the price breaks through the high of last Friday's rebound at $3,252 and continues to rise, you can go long with a light position near $3,260, targeting the $3,280-$3,290 range.
Bearish breakout scenario: If the price breaks below the key support level of $3,200 and further declines, you can go short near $3,190, targeting the $3,170-$3,160 range.
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose a lot size that matches your funds
- Profit is 4-7% of the capital account
- Stop loss is 1-3% of the capital account
Gold sees strong high resistance; shorting on rebounds prevailsToday, gold can be described as fluctuating within a wide range, but overall it tends to be more bearish. Although gold rose at the opening on Monday, it suddenly made a sharp turn at the 3250 level, leaving those who chased long positions confused. We have analyzed that the upper resistance is strong, and the upside space is relatively limited. On the contrary, the downside space is larger, so shorting on rebounds remains the current short-term trend! If you are currently unsatisfied with your gold trading, I hope Barry can help you avoid detours in your investments. Welcome to communicate and exchange ideas!
From the hourly chart analysis, the support levels below should continue to focus on the 3170-3175 area, with strong support at the 3150 level. The resistance above is near 3253-3260. The overall trading approach remains centered on cyclic participation in shorting highs and longing lows within this range, with a core principle of exercising caution at intermediate levels – avoid excessive trading and impulsive order chasing. Be patient and wait for entry at key price points.
Gold Trading Strategies
sell@3240-3250
tp:3220-3200
buy@3170-3175
tp:3220-3230
Professional trading strategies are pushed daily 📊
Lock in precise signals amid market fluctuations 🚀
Confused about market trends? Stuck in strategy bottlenecks?
Real-time strategies serve as your "trading compass" 🌐
From trend analysis to entry/exit points, dissect market logic comprehensively
Refer now 📲
Help you move steadily forward in investments ✨
👇👇👇
Gold continues to trade sideways above the 3200 area
📌 Driving factors
The United States and China announced on Monday a 90-day suspension of tariff increases. According to statements made after the Geneva talks last weekend, the United States will reduce tariffs on Chinese imports from 145% to 30%, while China will reduce tariffs on US imports from 125% to 10%.
Meanwhile, on the geopolitical front, Russia and Ukraine are preparing for their first high-level face-to-face talks since 2022, scheduled to take place in Istanbul this week. The talks come as the international community is increasingly pressuring Moscow to accept a 30-day ceasefire. U.S. Secretary of State Marco Rubio and special envoys Steve Witkov and Keith Kellogg are expected to represent the United States in the talks.
Gold prices rebounded on Tuesday, driven by bargain hunting, while weaker-than-expected U.S. inflation data released that day also helped gold prices rise. However, trade optimism limited the strength of gold's rebound.
📊Comment Analysis
In the accumulation price zone, the gold price is sideways around 3200-3270, and the buyers and sellers are balanced
💰Strategy Package
🔥Selling gold area: 3282-3284 SL 3289
TP1: $3270
TP2: $3260
TP3: $3250
🔥Buying gold area: $3167-$3165 SL $3160
TP1: $3178
TP2: $3189
TP3: $3200!
Labaron believes
Guaranteeing the principal is the bottom line for survival, controlling risks is the armor for survival, earning profits is a stage medal, and long-term stable and continuous profits are the only proof that can finally stand up from the sea of corpses and blood.
Focus on shorting opportunities near 3250 in the US market
📌 Gold drivers
After two days of trade talks in Switzerland, the United States and China announced "substantial progress", marking a possible turning point in efforts to ease tensions between the world's two largest economies. Chinese Vice Premier He Lifeng called the talks an "important first step" toward stabilizing bilateral trade, and U.S. Treasury Secretary Scott Bessant expressed the same view, noting that the talks had made meaningful progress. The United States is expected to release more details on the results of the negotiations on Monday.
As the United States and China announced an agreement to cut reciprocal tariffs, the dollar strengthened, weakening the appeal of gold as a safe-haven asset. Spot gold fell 3% on Monday to a low of more than a week, hitting a low of $3,208 during the day, the lowest level since May 1, and the day's decline had reached $100. At the same time, the U.S. dollar index rose by more than 1%, making gold more expensive for holders of other currencies.
📊Comment Analysis
Gold still has room to go down, and the strength of gold bears is still there. Gold rebounded twice in the US market and fell back under pressure near 3250.
💰Strategy Package
At present, the US market still has a demand for a pullback, and the long position near 3220 can now be closed for profit. For the US market, we should first look at the area around 3250. After the pullback is in place, continue to play short orders to look at the target position of 3200. If it breaks upward, find a new point layout. This week's data market and news will have a further impact on gold. For real-time layout of accurate trading signals, please follow the free channel.
⭐️ 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 fluctuates, long and short operations in the US market!
📊Comment analysis
At 14:00 on Wednesday, US time, Fed Chairman Powell will hold a monetary policy press conference.
The market generally expects that the FOMC will continue to remain on hold at this meeting, as the impact of tariff policies on inflation and the economy remains to be seen; the Fed may cut interest rates in June. Since this interest rate decision does not update economic forecasts, the focus will be on the Fed's accompanying comments on any signals of future interest rate cuts to support the economy. Since the decision to keep interest rates unchanged has been fully digested by the market, Powell's tone at the press conference will be the key to changing the market's expectations for interest rate cuts this year.
💰Strategy package
The US market is expected to remain volatile, and both long and short positions have opportunities. You only need to operate at a certain point. Go long on a short-term retracement to 3378 support, and go short when it reaches the upper resistance of 3408.
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose a lot size that matches your funds
- Profit is 4-7% of the capital account
- Stop loss is 1-3% of the capital account
3420, gold prices can reach today
📌 Gold driving factors
Driven by the weakening of the US dollar and safe-haven demand, spot gold closed up $93.77 on Monday, up 2.9%, at $3333.32 per ounce.
On Monday local time, US President Trump signed an order on biomedical research, hoping to take the opportunity to promote the US pharmaceutical manufacturing industry. Trump also announced that tariffs on pharmaceutical products will be announced in the next two weeks.
Kitco Metals senior metals analyst Jim Wyckoff said: "We see continued inflows of safe-haven demand, keeping gold prices high. Gold prices will remain above $3,000 per ounce, at least in the short term."
Gold is often seen as a safe-haven tool in uncertainty and performs well in a low-interest rate environment. Gold prices have soared 26.3% this year and have set new historical highs many times.
📊Comment Analysis
Bulls regained their dominance, and the upward trend approached above 3400 before the market expected a rate cut
💰Strategy Set
🔥Sell Gold Area: 3418-3420 SL 3425
TP1: $3410
TP2: $3400
TP3: $3385
🔥Buy Gold Area: $3323 - $3321 SL $3316
TP1: $3330
TP2: $3340
TP3: $3358
⭐️ 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
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🏁Buy entry above 3060
🏁Sell Entry below 3000
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Stop Loss 🛑:
🚩Thief SL placed at 3020 for Bullish Trade
🚩Thief SL placed at 3040 for Bearish Trade
Using the 30mins period, the recent / swing low or high level.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
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🏴☠️Bullish Robbers TP 3140 (or) Escape Before the Target
🏴☠️Bearish Robbers TP 2970 (or) Escape Before the Target
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NFP market, looking for opportunities to short goldFundamentals:
Mainly focus on today's NFP market;
Technical aspects:
Gold rebounded near 3200 and has gradually rebounded to around 3265. This wave of rebound is not surprising. After all, I have been insisting on short-term long gold since yesterday, and I have also gained a good profit. As gold falls and breaks through many key supports, my expectations for the magnitude of this rebound are not high. In the short term, it will first face resistance in the 3270-3275 area, and secondly, it will face resistance in the 3285-3295 area.
Moreover, the rebound and rise of gold before the NFP market is very confusing in itself. It is not ruled out that it is to pave the way for the sharp drop in the NFP market. Once gold falls again, it is likely to fall below 3200 and continue to around 3180.
Trading strategy:
1. Consider shorting gold when it rebounds to 3270-3280, TP: 3240-3230;
2. Consider continuing to short gold when it rebounds to 3280-3290, TP is the same as above.
NF shows a volatile downward trend
📌 Gold Information
China's Ministry of Commerce announced on Friday that the United States has recently initiated communication through official channels, expressing interest in restarting tariff negotiations. Beijing is currently evaluating the proposal, which has sparked optimism that a solution to the long-standing tariff deadlock between the world's two largest economies is imminent.
New hopes for a breakthrough in trade negotiations helped the dollar rise to a three-week high on Thursday, pushing gold prices down towards the $3,200 mark. However, the dollar's bullish momentum remains weakened as the market increasingly digests expectations that the Federal Reserve may cut interest rates further, especially with the closely watched US non-farm payrolls data about to be released.
📊Comment Analysis
NF news volatility is certain, having accumulated significantly since last week. Gold price confirmed the trend after breaking through 3267, and fluctuated downward below 3200
💰Strategy Package
TP1: $3290
TP2: $3280
TP3: $3270🔥
Buy gold area: $3175 - $3177 SL $3170
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 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
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.
Let’s continue to be long on gold and keep winning!Fundamentals:
1. Focus on the performance of US economic data and the dynamics of the Federal Reserve;
Technical aspects:
At present, gold has failed to fall below the key area of 3300 many times during the retracement process, further strengthening the short-term structural support and strengthening the market's recognition of the effectiveness of its structural support. Moreover, gold may still maintain a volatile market before the NFP market. Due to the cautious attitude of the market, it is difficult for a unilateral trend to appear before the NFP market.
Short term trading strategies:
As in the two recently updated trading views, the trading strategy of long gold in the 3310-3300 area is still effective! Looking forward to gold rebounding to 3325 or even higher!
Be bold and short goldFundamentals:
1. Still need to pay attention to Trump's attitude towards tariffs;
2. Pay attention to whether the situation between India and Pakistan escalates;
3. At the same time, pay attention to the dynamics of the Federal Reserve, US-Iran negotiations, etc.
Trading situation:
Our last short position near 3297 happened to hit TP: 3287 during the decline of gold, and easily made a profit of 100pips in short-term trading;
After gold fell below 3287, it rose sharply in the short term to around 3335. Although gold rose sharply in the short term, it still did not break away from the wide range of fluctuations. There are still many resistances above. First, it faces the short-term resistance area of 3340-3345, and secondly, it faces the resistance area of 3355-3365. Therefore, it is difficult for bulls to perform well before conquering this resistance area. There is still a possibility of testing the 3305-3295 zone again;
Trading strategy:
Short-term trading can still short gold in batches again in the 3325-3335 zone; TP: 3310-3300
Gold is expected to continue to retrace the 3235-3225 region.Fundamentals:
1. The tariff issue has been relatively eased, and Trump's repeated attitude towards tariffs has made the market bullish energy not firm;
2. A small-scale conflict broke out between India and Pakistan, which has not had a great impact on gold for the time being. It is necessary to pay attention to whether the situation will escalate;
3. At the same time, it is necessary to pay attention to the dynamics of the Federal Reserve, the Russia-Ukraine negotiations, the US-Iran negotiations, etc.
Technical aspects:
At present, gold is in a state of shock correction as a whole, but from the current structure, the rebound momentum of gold is insufficient, and the rebound high is gradually decreasing. The short-term support below is in the 3265-3260 zone; the short-term resistance above is at 3310-3320; if gold cannot stand above 3300 in the short term, gold may fall further and break through the 3265-3260 zone, and continue to the 3235-3225 zone.
Trading strategy:
Short-term trading is still mainly shorting gold after the rebound. You can use the 3300-3320 area as resistance and short gold in batches
Trading target:
Profit target this week: ≥$30K;
OANDA:XAUUSD CAPITALCOM:GOLD FOREXCOM:XAUUSD FOREXCOM:XAUUSD