April 1, 2025 - XAUUSD GOLD Analysis and Potential OpportunitySummary:
Yesterday marked the monthly candle close, forming a very strong bullish candle with almost no lower shadow — clear evidence of dominant buying momentum.
Although price is currently at a high level, from a broader perspective, as long as no significant negative news emerges or the signal of SELL, the strategy of waiting pullbacks to support for buy the dip remains reliable.
Key Levels to Watch:
3130–3135: Bullish target zone
3128: ATH resistance
3118: Bullish/Bearish pivot line
3112: Key intraday support
3106: Minor intraday support
3098: Bullish defense zone
I will update my trading idea during the Asian Trading Session.
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Disclaimer: This is my personal opinion and not financial advice. Please manage your risk accordingly.