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4 consecutive days of increase, GOLD support from TrumpIn the Asian session, spot OANDA:XAUUSD continued to rise, surpassing $3,145/ounce, up more than $24 on the day. The global trade war has caused concerns in the market, continuing to push gold prices to new highs. Gold prices rose 8% in March and have increased for three consecutive months this year. Gold prices have increased more than 18% this year, following a 27% increase last year, thanks to a favorable monetary policy environment, strong central bank buying and demand for exchange-traded funds (ETFs). Trump: Tariff details could be announced soon (Bloomberg) US President Trump said on Monday local time that details of the tariffs could be announced either Tuesday night (April 1) or April 2. Trump also said the US would be “very friendly” to other countries and that tariffs could be significantly reduced in some cases. Trump then talked about other issues before returning to the issue of tariffs, adding: “The tariff plan is already in place.” White House spokeswoman Karoline Leavitt said on Monday that US President Trump will announce a plan for reciprocal tariffs "country by country" in the White House Rose Garden on April 2 and that no tariff exemptions are currently being considered. In the latest escalation in the trade war, Trump is set to impose broad “reciprocal” tariffs on all U.S. trading partners on Wednesday, a day he has called “Liberation Day.” Trump also plans to impose a 25 percent tariff on all non-U.S.-made cars this week. Asked about the reciprocal tariffs and which countries would be affected, Leavitt declined to provide details. Asked whether lower tariffs would be applied to products used by U.S. farmers, Leavitt said “there are no exemptions at this time.” Trump also said on Sunday that he would impose secondary tariffs of 25% to 50% on buyers of Russian oil if he finds Russia intends to obstruct US efforts to end the war in Ukraine. Technical Outlook Analysis OANDA:XAUUSD 4 days of soaring, gold is heading for its 4th consecutive strong day of gains as it breaks the target at the 0.618% Fibonacci extension of $3,139, followed by the target at the 0.786% Fibonacci extension of $3,177. With the current technical conditions, there is no resistance or signal for a significant technical correction. With the medium-term trend being highlighted by the price channel and a blue price channel as the short-term trend. As long as gold remains above the EMA21, it will remain technically bullish in the long-term. Meanwhile, the Relative Strength Index (RSI) is operating in the overbought zone but is not giving any signal of a possible downside correction. For the day, the technical outlook for gold prices remains bullish, and any current downside correction should only be considered as a short-term correction or a buying opportunity. With that, the notable positions for the uptrend will be listed as follows. Support: 3,128 – 3,113 USD Resistance: 3,177 USD SELL XAUUSD PRICE 3157 - 3155⚡️ ↠↠ Stoploss 3161 →Take Profit 1 3149 ↨ →Take Profit 2 3143 BUY XAUUSD PRICE 3085 - 3087⚡️ ↠↠ Stoploss 3081 →Take Profit 1 3093 ↨ →Take Profit 2 3099
OANDA:XAUUSDLong
by Xayah_trading
XAUUSD (Gold) Bullish Outlook – Targeting 3157 & Beyond Gold (XAUUSD) is displaying strong bullish momentum today, with price action indicating a potential rally toward the 3157 level. The metal has established a key demand zone between 3115 - 3125, from where buyers are likely to step in. 🔹 Trading Plan & Key Levels: ✅ Entry Zone: 3115 – 3125 📍 ✅ Bullish Targets: 3157 ➝ 3170 🎯 ✅ Invalidation: Below 3110 ❌ 🔹 Technical Analysis 📊 Market Structure: Higher highs & higher lows confirm bullish continuation. 📈 Support & Demand Zones: Strong buying interest at 3115 - 3125. 📉 Indicators: EMA crossover supports bullish bias; RSI > 60 confirms buying pressure. 🔵 Liquidity & Order Blocks: Price might grab liquidity before pushing higher. 🚀 Bullish bias remains intact as long as price holds above 3115, with an upside target of 3157 – 3170. A breakout beyond 3170 could trigger further gains. Stay disciplined & follow risk management! 🏆
FOREXCOM:XAUUSDLong
by Trade_with_Ray
EURUSD – 60-Minute Chart AnalysisI'm currently anticipating further strength in the euro against the dollar, with the potential for an impulsive upward move targeting at least the 1.1312 level. The current wave structure suggests a bullish count is still valid, provided that 1.0528 holds as support. A decisive break below this level would invalidate the bullish scenario, opening the door for renewed downside pressure, potentially driving price back below the 1.0205 area. 📌 Key Levels: 🔹 Bullish Target: 1.1312 🔻 Invalidation Level: 1.0528 ⚠️ Bearish Continuation Below: 1.0205 As always, stay disciplined and manage risk accordingly.
CME:6E1!Long
by COLOMBINI-TRADING
USOil Key Resistance Hit: Is WTI Crude Due for a Correction?WTI crude oil appears overextended after a strong bullish rally, trading into a key resistance level amid heightened geopolitical tensions and market volatility. The current price action suggests a potential retracement, with equilibrium around the 50% Fibonacci level being a likely target for correction 📉. Given the reactionary nature of the market, traders should remain cautious as political developments could drive further instability ⚠️. While the technical setup supports a pullback, external factors may disrupt this scenario, so risk management is essential. 📊 Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research before making trading decisions.
PEPPERSTONE:SPOTCRUDE
by fxtraderanthony
Behind the Curtain: Macro Indicators That Move the Yen1. Introduction Japanese Yen Futures (6J), traded on the CME, offer traders a window into one of the world’s most strategically important currencies. The yen is not just Japan’s currency—it’s also a barometer for global risk appetite, a funding vehicle for the carry trade, and a defensive asset when markets turn volatile. But what truly moves Yen Futures? While many traders fixate on central bank statements and geopolitical news, machine learning tells us that economic indicators quietly—but consistently—steer price action. In this article, we apply a Random Forest Regressor to reveal the top macroeconomic indicators driving 6J Futures across daily, weekly, and monthly timeframes, helping traders of all styles align their strategies with the deeper economic current. 2. Understanding Yen Futures Contracts Whether you’re trading institutional size or operating with a retail account, CME Group offers flexible exposure to the Japanese yen through two contracts: o Standard Japanese Yen Futures (6J): Contract Size: ¥12,500,000 Tick Size: 0.0000005 = $6.25 per tick Use Case: Institutional hedging, macro speculation, rate differential trading o Micro JPY/USD Futures (MJY): Contract Size: ¥1,250,000 Tick Size: 0.000001 = $1.25 per tick Use Case: Retail-sized access, position scaling, strategy testing o Margin Requirements: 6J: Approx. $3,300 per contract MJY: Approx. $330 per contract Both products offer deep liquidity and near 24-hour access. Traders use them to express views on interest rate divergence, U.S.-Japan trade dynamics, and global macro shifts—all while adjusting risk through contract size. 3. Daily Timeframe: Top Macro Catalysts Short-term movements in Yen Futures are heavily influenced by U.S. economic data and its impact on yield spreads and capital flow. Machine learning analysis ranks the following three as the most influential for daily returns: 10-Year Treasury Yield: The most sensitive indicator for the yen. Rising U.S. yields widen the U.S.-Japan rate gap, strengthening the dollar and weakening the yen. Drops in yields could create sharp yen rallies. U.S. Trade Balance: A narrowing trade deficit can support the USD via improved capital flow outlook, pressuring the yen. A wider deficit may signal weakening demand for USD, providing potential support for yen futures. Durable Goods Orders: A proxy for economic confidence and future investment. Strong orders suggest economic resilience, which tends to benefit the dollar. Weak numbers may point to a slowdown, prompting defensive yen buying. 4. Weekly Timeframe: Intermediate-Term Indicators Swing traders and macro tacticians often ride trends formed by mid-cycle economic shifts. On a weekly basis, these indicators matter most: Fed Funds Rate: As the foundation of U.S. interest rates, this policy tool steers the entire FX complex. Hawkish surprises can pressure yen futures; dovish turns could strengthen the yen as yield differentials narrow. 10-Year Treasury Yield (again): While impactful daily, the weekly trend gives traders a clearer view of long-term investor positioning and bond market sentiment. Sustained moves signal deeper macro shifts. ISM Manufacturing Employment: This labor-market-linked metric reflects production demand. A drop often precedes softening economic growth, which may boost the yen as traders reduce exposure to riskier assets. 5. Monthly Timeframe: Structural Macro Forces For position traders and macro investors, longer-term flows into the Japanese yen are shaped by broader inflationary trends, liquidity shifts, and housing demand. Machine learning surfaced the following as top monthly influences on Yen Futures: PPI: Processed Foods and Feeds: A unique upstream inflation gauge. Rising producer prices—especially in essentials like food—can increase expectations for tightening, influencing global yield differentials. For the yen, which thrives when inflation is low, surging PPI may drive USD demand and weaken the yen. M2 Money Supply: Reflects monetary liquidity. A sharp increase in M2 may spark inflation fears, sending interest rates—and the dollar—higher, pressuring the yen. Conversely, slower M2 growth can support the yen as global liquidity tightens. Housing Starts: Serves as a growth thermometer. Robust housing data suggests strong domestic demand in the U.S., favoring the dollar over the yen. Weakness in this sector may support yen strength as traders rotate defensively. 6. Trade Style Alignment with Macro Data Each indicator resonates differently depending on the trading style and timeframe: Day Traders: React to real-time changes in 10-Year Yields, Durable Goods Orders, and Trade Balance. These traders seek to capitalize on intraday volatility around economic releases that impact yield spreads and risk appetite. Swing Traders: Position around Fed Funds Rate changes, weekly shifts in Treasury yields, or deteriorating labor signals such as ISM Employment. Weekly data can establish trends that last multiple sessions, making it ideal for this style. Position Traders: Monitor PPI, M2, and Housing Starts for broader macro shifts. These traders align their exposure with long-term shifts in capital flow and inflation expectations, often holding positions for weeks or more. Whatever the style, syncing your trading plan with the data release calendar and macro backdrop can improve timing and conviction. 7. Risk Management The Japanese yen is a globally respected safe-haven currency, and its volatility often spikes during geopolitical stress or liquidity events. Risk must be managed proactively, especially in leveraged futures products. 8. Conclusion Japanese Yen Futures are a favorite among global macro traders because they reflect interest rate divergence, risk sentiment, and global liquidity flows. While headlines grab attention, data tells the real story. Stay tuned for the next installment of the "Behind the Curtain" series, where we continue uncovering what really moves the futures markets. When charting futures, the data provided could be delayed. Traders working with the ticker symbols discussed in this idea may prefer to use CME Group real-time data plan on TradingView: www.tradingview.com - This consideration is particularly important for shorter-term traders, whereas it may be less critical for those focused on longer-term trading strategies. General Disclaimer: The trade ideas presented herein are solely for illustrative purposes forming a part of a case study intended to demonstrate key principles in risk management within the context of the specific market scenarios discussed. These ideas are not to be interpreted as investment recommendations or financial advice. They do not endorse or promote any specific trading strategies, financial products, or services. The information provided is based on data believed to be reliable; however, its accuracy or completeness cannot be guaranteed. Trading in financial markets involves risks, including the potential loss of principal. Each individual should conduct their own research and consult with professional financial advisors before making any investment decisions. The author or publisher of this content bears no responsibility for any actions taken based on the information provided or for any resultant financial or other losses.
CME:6J1!Education
by traddictiv
GOLD H4 Deeply Analysis: 01 April 2025GOLD H4 Deeply Analysis: **Trend Analysis:** - The market is in a **strong uptrend**, making higher highs and higher lows. - There was a consolidation period around March 21-26, but the price broke out bullishly afterward. - The current price is **3,145.77 USD**, still moving upwards. **Trade Setup:** - It looks like a **long position (buy trade)** has been placed. - **Entry price:** Around 3,145.77 - **Take Profit (TP):** Around 3,176.07 (marked by the red zone at the top) - **Stop Loss (SL):** Around 3,121.66 (marked by the green zone at the bottom) - The trade has a **risk-to-reward ratio favoring an upward move**. **Key Levels to Watch:** - **Resistance at 3,176.07** – If the price breaks above this level, the next resistance could be around **3,200+**. - **Support at 3,121.66** – If the price drops below this, it might test **3,100 or lower**. - **3,164.24 (Mid-level)** – Acting as a minor resistance right now. **Potential Scenarios:** 1. **Bullish Breakout:** If the price holds above 3,145.77 and breaks 3,164.24, it could hit the TP at 3,176.07. 2. **Pullback:** If the price retraces, it might test 3,121.66 (support). If it breaks, further downside could follow. 3. **Reversal Signal:** If strong bearish candles appear near resistance, it could indicate profit-taking or a potential reversal. **My Take:** - The trend is still **bullish**, so this trade setup looks reasonable. - However, **watch out for price action near resistance (3,176.07)**. - If the **RSI or volume indicators** show overbought conditions, a pullback might happen.
TVC:GOLDLong
by camsnipper
Golden Opportunity: Strong Uptrend with One Key Condition!Technical analysis indicates a strong continuation of the uptrend! If the price holds above 3144 and closes daily above it, we have a prime buying opportunity targeting 3309 as the next level. ✅ Current Trend: Strong bullish momentum, no sell signals. 📈 Confirmation Zone: 3144 – A daily close above strengthens the uptrend. 🎯 Target Price: 3309 – Will it reach soon? Don't miss this opportunity! Do you think the price will hit the target? Share your thoughts in the comments! 🚀🔥
OANDA:XAUUSDLong
by tickmill9
Gold $4,000.00 by 2027The U.S. dollar, once the world's most trusted currency, is facing growing skepticism. Rising inflation, excessive debt, and geopolitical shifts have eroded confidence in its stability. Countries like China and Russia are reducing dollar reliance, opting for alternative currencies or gold. Even U.S. allies are diversifying reserves, signaling dwindling trust. Critics warn that unchecked money printing and fiscal mismanagement could lead to a dollar collapse, destabilizing global markets. While the dollar remains dominant, its weakening credibility raises concerns about its future. If trust continues to fade, the global financial system could face unprecedented turmoil, leaving many to question the dollar's long-term viability. This chart talks for itself, last 20years.
TVC:GOLD
by ViniciusZampiroliCerqueira
Gold surges above $3,100 as April 2 approachesThe international gold price XAUUSD has jumped above 3,100 USD for the first time in this trading day, as concerns about US President Donald Trump's tariff policy and its possible economic consequences, along with geopolitical uncertainties, have prompted a new round of safe-haven investing. As of press time, the spot gold price XAUUSD increased by 0.86% to 3,111 USD/oz and had previously hit an all-time high of 3,111.55 USD, surpassing the all-time high set last Friday. Last week, Trump signed a proclamation to impose a 25% tariff on imported cars, and the market is preparing for the so-called "reciprocal tariffs" that the White House is expected to announce on Wednesday. Gold prices have hit a record high and are up more than 18% this year, cementing their status as a hedge against economic and geopolitical uncertainty. Earlier this month, gold prices broke through the psychological $3,000 mark for the first time, a milestone that reflects growing market concerns about economic uncertainty, geopolitical tensions and inflation that will continue to drive gold prices higher. Since taking office, Trump has pushed through a series of new tariffs to protect US industry and reduce the trade deficit, including a 25% tariff on imported cars and parts and an additional 10% tariff on all imports from China. He plans to announce a new round of reciprocal tariffs on April 2. In addition to trade tensions, strong central bank demand for gold and inflows into exchange-traded funds (ETFs) will continue to support gold’s incredible rally this year. In short, until there is a resolution to this back-and-forth tariff war, the tariff issue will continue to push prices (gold) higher in the near term. On the daily chart, gold has achieved a key bullish target at the confluence of the 0.50% Fibonacci extension with the upper edge of the price channel (a). Once gold breaks this level (3,113 USD), it will be eligible for further upside with the next target around 3,139 USD in the short term, which is the price point of the 0.618% Fibonacci extension. In the meantime, the steep RSI remains active in the 80-100 area but shows no signs of weakening or correction, so in terms of momentum, the bullish momentum is still very strong. As long as gold remains within the price channel (a), it still has a medium-term bullish outlook, otherwise the price channel (b) will become a short-term bullish trend channel. During the day, the bullish outlook of gold prices will be noticed again by the following technical levels. Support: 3,086 – 3,057 USD Resistance: 3,113 – 3,139 USD This is the end of the article, wish you a productive and happy working day
OANDA:XAUUSD
by Henrybillion
Gold: Expected resonance, short-term bullish dominanceThe core contradiction of the current gold market lies in the dual drive of risk aversion demand and policy expectations. Based on the fundamental and technical signals, spot gold is still in a bull-dominated upward cycle in the short term, but we need to be vigilant about marginal changes in market sentiment. Last Friday, it hit a high of 3085 and then fell back, and the US market fluctuated in the range of 3066-3085. If it falls below 3066, the short-term bullish trend may end. At present, the gold price has fallen slightly after breaking through the previous high of 3127.76, but it is still in an upward channel. The Asian session opened high and filled the gap and then went up. The European session was blocked at the high of 3128, and the US session dived to 3099. The weekly, daily, and H4 cycles are all in a very strong state, with no signs of decline, and the upward momentum is strong. The cyclical bullish trend continues, and it is necessary to wait for the daily line to peak or continuous decline signals before considering the callback space. Key support and resistance: Trend support point: around 3000, breaking through may trigger a long-short conversion. The dividing line between strength and weakness: 3065. If it holds, it will maintain absolute strength. If it breaks down, the short-term bullish trend will end. Suggestion: Long orders can be arranged near 3096 (61.8% retracement position between 3076 and 3128), stop loss at 3095, and target 3128 breakthrough. Conclusion: Gold will maintain strength in the short term, but it is necessary to pay attention to the gains and losses of key points and the impact of data, and flexibly adjust trading strategies.
FOREXCOM:XAUUSDLong
by Wealth-Helmsman