GC1! Spot gold surged to a new all-time high of around $3407.91 per ounce, fueled by escalating US-China trade tensions and a declining US dollar. Meanwhile, US June gold futures climbed to approximately $3419.01 per ounce during early U.S. trading hours. In India, the MCX market opened with a strong gap up, pushing domestic gold prices to a record high of ₹97020 per 10 grams during the afternoon session. The sharp drop in the U.S. Dollar Index to its lowest level in three years further boosted gold's attractiveness among global investors.
Intraday Strategy for XAUUSD (Spot Gold) Gold hit a fresh all-time high today. Swing Intraday Call:
Look to sell XAUUSD in the 3407.00–3412.00 range. Set a stop loss at 3435.00. Watch for the following downside targets in the coming hours: Target 1: 3360.00 Target 2: 3340.00 Target 3: 3320.00 (potential new intraday low)
Gold has started pulling back — wait for Target 1 to be tested soon as the market shows signs of a sharp decline.
GC1! Gold is screaming crisis 🚨 +1,000/oz in 9 months. +620% in 20 years (vs +580% S&P500). Fed pivots, bonds lose demand… and capital rushes into gold. What is it trying to tell us? 👀
GOLD Happy Easter Everyone! We'll be watching the news very closely this weekend, identifying any potential triggers within the micro and macro economic and geopolitical landscape to correctly predict our pre-market monday trades. Follow us for predictions, market sentiment and trading technicals! MGCM2025USOILGOLDGOLDGOLD1!
MGC1! Gold is overbought on so many levels. I concede that the economical and geopolitical climate favors gold and that gold should go up long term but on a shorter horizon, gold might very well be overbought at the moment. Look at the chart below and pick your target but I would put a very high probability of retracement to the first target at around $2900 - $3000. Depending on the speed at which it retraces (if it retraces), it could even go to the second or third level. I sold 3 micro contracts for this trade. I put my stop at $3,400 so I am risking less than $2,000 for a potential gain of $11,000, even if it reaches only level 1. This is a 5.5 win/loss ratio.
GC1! 
