Gold's Price Movements: Impact of Tariffs and Technical UpswingUnder the influence of tariffs, gold currently has significant fluctuations. As can be seen from the sharp rise on Wednesday, the safe-haven sentiment for gold has heated up again. Currently, the price is above 3,100, which is the first target point for the upward movement. If it continues to rise, it can reach 3,150, so there is still a large upward space. In addition, the CPI data will be released during the US trading session today, and this data is also likely to cause abnormal fluctuations in the price of gold.
Today, the price of international gold still has significant fluctuations under the influence of tariffs. As can be seen from the sharp rise on Wednesday, the safe-haven sentiment for gold has heated up again. Currently, the highest price is 3,130, which is the first target point for the upward movement. If it continues to rise, it can reach 3,150, so there is still a large upward space.
From a technical perspective, a powerful bullish candlestick on the daily chart has directly changed the extremely weak adjustment state in the early stage. Now, the bullish candlestick has broken through the middle band of the Bollinger Bands, pulled up the moving averages, and there is a significant trading volume. Thus, gold has entered a very strong bullish trend. In this state, it is expected to continue rising to the previous high of 3,150. Therefore, the main direction today is definitely bullish.
It is a normal trend that the small cycle has made adjustments under the suppression of 3,100. Now, the Bollinger Bands of the H4 cycle have just opened, and the one-sided upward movement has just shown the first wave of strength. There is no problem for the next wave to rise to the high point of the daily cycle. So, as long as the price of the H4 cycle falls back to the support of the one-sided moving average, it is an opportunity to go long.
XAUUSD
buy@3100-3110
tp:3130-3150
GOLDCFD trade ideas
News analysisGold technical analysis:
4-hour chart resistance 3250, support below 3178
1-hour chart resistance 3235, support below 3195.
Yesterday's CPI was lower than expected, and gold broke through 3200. Today's US PPI data continues to guide the market direction. If the data results are lower than expected (forecasted to be 3.3%), it may strengthen the expectation of interest rate cuts and push gold prices to continue to break new highs. After the breakthrough, the next stage will be 3250~3280; if it exceeds expectations, it may suppress gold prices to 3175-3150
If it stands at $3235 after the news, the next upward target is 3250-3280
If the 1-hour chart K-line entity falls below $3180 after the news is released, it may test the support of 3160-3150 downward
For more daily analysis, please see the update →
Trade tensions escalate, GOLD receives support to break $3,200As trade tensions escalated, market risk sentiment suddenly spiked, with spot OANDA:XAUUSD surging above $3,200.
Data released on Thursday in the United States showed that the consumer price index (CPI) unexpectedly fell in March.
Data showed that the US CPI fell 0.1% month-on-month in March, the first decline in nearly five years, compared to expectations of 0.1% and the previous reading of 0.2%.
In addition, the US CPI rose 2.4% year-on-year in March, lower than the expected 2.5% and the previous reading of 2.8%; the US core CPI rose 2.8% year-on-year in March, lower than the expected 3% and the previous reading of 3.1%.
After the US CPI data was released, traders bet that the Federal Reserve will cut interest rates again in June, potentially totaling 100 basis points of rate cuts by the end of the year. Low interest rates are generally beneficial for gold because the metal does not pay interest.
Gold prices continued to rise above $3,200 an ounce in early trading in Asia on Friday, breaking the record set in the previous trading day.
Gold prices hit a new high as investors turned to safe-haven assets amid concerns about the impact of tariffs on the global economy, Bloomberg reported on Friday.
Gold’s safe-haven status has been hit again this week, Bloomberg reported. US President Trump’s erratic rhetoric on his tariff agenda has sparked a sell-off in stocks, bonds and the US dollar, as concerns about a global recession spread across Wall Street.
Even after Trump announced a 90-day pause on tariffs on dozens of trading partners, risks and uncertainties remain, with tariffs on all imports from China now at a rate of at least 145%.
The White House clarified to CNBC at noon ET on Thursday that the Trump administration's tariffs on China under the name of reciprocal tariffs are 125%, but this does not include the 20% tariffs that the United States imposed on China twice in early February and early March of this year due to the fentanyl crisis.
Therefore, during Trump's second term, the cumulative tariffs that the United States has applied to all Chinese goods exported to the United States have reached 145%.
The CNBC report also emphasized that the 145% tariff does not include the US tariffs on China before Trump's second term as US president, including various tariffs imposed on China during Trump's first term and the Biden administration.
Given the current market environment, gold is still going to continue to rise strongly. As a wise man at a coffee shop in Vietnam (TLTV) predicted, this war must be 500% to negotiate. If so, we could soon see gold approaching the $3,500 mark.
Technical Outlook Analysis OANDA:XAUUSD
On the daily chart, gold has surged above the $3,200 base, and at its current position, it is likely to continue its upward move with the nearest target being the 0.786% Fibonacci extension level of $3,223. Whereas, once the $3,223 level is broken, gold will be in a position to continue its upward move with the next target around $3,295 in the short term.
On the technical front, the Relative Strength Index (RSI) is sloping upwards without any weakness as it approaches the overbought zone, indicating strong demand in the market and sending a positive signal for the bullish trend.
For the day, as long as gold remains above $3,167, it remains bullish in the short term, and any dip in the current scenario that does not take gold below the EMA21 should be viewed as a short-term correction rather than a trend, or as a buying opportunity.
The notable positions for the intraday uptrend will be listed again for readers as follows.
Support: $3,167
Resistance: $3,223
SELL XAUUSD PRICE 3250 - 3248⚡️
↠↠ Stoploss 3068
→Take Profit 1 3056
↨
→Take Profit 2 3050
BUY XAUUSD PRICE 3134 - 3136⚡️
↠↠ Stoploss 3130
→Take Profit 1 3142
↨
→Take Profit 2 3148
Lingrid | GOLD Weekly Outlook: Bullish Momentum Faces CorrectionOANDA:XAUUSD market has been bullish; however, Friday turned bearish with a nearly 3.8% decline. After such bullish momentum, this pullback seems normal. In the current timeframe, price completed the ABC move, which is typically followed by a pullback—exactly what we've seen recently. On the weekly timeframe, the price formed a long-tailed bar, indicating it may retest the support zone below the 2900 level. However, considering the upward momentum in the market and the fact that price did not close below the previous week's low, this scenario seems less likely.
I believe we're facing a similar scenario to what we saw in the last week of February, when the market fell around 4% but subsequently reached all-time highs. Right now, areas to consider going long include just below the week's low and the psychological level at 3000. Additionally, we have the channel border as well as the upward trendline serving as potential support. Another scenario worth noting is what happened before the US election last November, when prices fell around 9%, which could mean a retest of the 2900 level. Overall, next week the price may move sideways for a couple of days after bearish impulse leg or bounce off the 3000 level.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Gold Shaking Hands with All-Time HighsSafe-haven assets caught a strong bid in recent trading, directing Spot Gold to all-time highs of US$3,220/troy ounce versus the US dollar (XAU/USD). The shift towards safe-haven markets was fuelled by softer demand for the USD as markets fled dollar assets, as well as escalating trade tensions between the US and China. Unsurprisingly, the Swiss franc (CHF) and Japanese yen (JPY) also attracted substantial bids, with the USD/CHF pair notching up losses of nearly 4.0% – its largest one-day drop since 2015!
Monthly Resistance and Oversold Conditions
Several desks are reportedly eyeing US$3,500 as the next upside objective for Gold; however, the monthly chart reveals it is considerably overbought according to the Relative Strength Index (RSI). You will note the RSI has remained within overbought territory since mid-2024 and recently touched gloves with familiar resistance between 87.31 and 82.20. This area boasts historical significance from as far back as 2006, and each time the Index has approached the resistance, a correction/pause typically followed in the yellow metal. Consequently, it raises the question about whether buying is set to moderate/pause at the monthly resistance area between US$3,264 and US$3,187 (made up of 1.618% and 1.272% Fibonacci projection ratios, respectively).
Daily Demand Zone; Dip-Buying?
Meanwhile, on the daily chart, price action came within a stone’s throw of testing support from US$2,942 at the beginning of the week before rallying to all-time highs noted above. What is interesting from a technical perspective is that the move left behind a demand area at US$3,000-US$3,058, which, in my opinion, represents a key technical zone.
With Gold firmly entrenched in a strong uptrend, dip-buyers could emerge from the daily demand area if a correction occurs. That said, given technical indicators on the monthly chart suggesting buyers could pump the brakes, any dip-buying activity would likely be approached with caution. Confirmation – such as a bullish candlestick signal or supporting price action on lower time frames – might be required before pulling the trigger. However, any movement below the mentioned demand area signals bearish strength from the monthly resistance zone, and potentially opens the door to short-term selling opportunities, targeting daily support at US$2,942, closely followed by support at US$2,865, and possibly US$2,790.
Written by FP Markets Chief Market Analyst Aaron Hill
XAU/USD: Ready for another Fall? (READ THE CAPTION)By examining the gold chart on the 30-minute timeframe, we can see that yesterday the price once again moved exactly as expected, hitting all four targets: $3022, $3016, $3010, and $3000, and even dropped further to $2956, resulting in a total return of over 700 pips!
Currently, gold is trading around $3003, and if the price stabilizes below $3014, we can expect further downside.
All key demand and supply zones are marked on the chart and are fully tradable.
If the drop continues, the next bearish targets will be $2997, $2991, $2984, and $2976, respectively.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Gold's Next Move?This analysis examines Gold’s current price action in the context of cyclical projections. As price appears poised to close above a key resistance level, two scenarios come into focus: a continued rally toward the weekly cyclical target, or a short-term pullback to retest the resistance level as support. A successful retest followed by new highs would likely confirm a bullish continuation near term.
GOLD surges to weekly targets, eyes era levelsSpot gold prices have surged on the back of US President Trump’s tariff announcement. Gold prices rose as much as 3.9% on Wednesday as markets were volatile, before closing up 3.4%. At the time of writing today, Thursday (April 10), gold is up as much as $44, or 1.4%, on the day.
Gold prices posted their biggest one-day gain in 18 months on Wednesday as confusion over US President Donald Trump’s tariff agenda prompted investors to buy the precious metal as a safe-haven asset, Bloomberg reported.
But after China announced plans to retaliate with 84% tariffs on US products starting Thursday, Trump immediately raised tariffs on China to 125%. The moves raised concerns that the world's two largest economies were heading toward a full-blown trade war.
Stock markets rallied after Trump announced the tariff suspension. US stocks had their best day since the financial crisis, with the S&P 500 index rising nearly 10% after falling to the brink of a bear market last week.
Bloomberg said the US government's erratic tax plans have shaken the world as investors look for direction and certainty. That has supported gold prices overall, with prices up 18% this year. Expectations of further monetary easing by the Federal Reserve and central bank gold purchases have also boosted prices.
Gold has gained more than $400 this year, hitting an all-time record of $3,167.57 an ounce on April 3.
Minutes from the Federal Reserve's March meeting showed policymakers almost unanimously warned last month that the U.S. economy faces the risk of rising inflation while economic growth slows. Some policymakers noted that there could be "difficult trade-offs" ahead.
According to CME Group's FedWatch tool, traders see a 72% chance that the Fed will cut interest rates in June. Gold itself does not generate interest rates, and will perform well in a low-interest-rate environment.
Investors are now looking to the U.S. consumer price index (CPI) due out today (Thursday) for further trading information.
Technical outlook analysis OANDA:XAUUSD
On the daily chart, gold surged to hit all the weekly upside targets noted and readers in the weekly publication at $3,056 in the short term and then the full price point of $3,100. Looking ahead, gold only has a $3,150 size creature to break to set a new all-time high or more.
The relative strength index (RSI) is building, signaling bullish energy in the near term, as long as gold remains in the price channel, the declines should only be limited corrections and not a trend.
As we have noted to our readers throughout our articles since Trump returned to the White House, dips can be viewed as buying opportunities.
And for the day, the notable positions for the bullish picture on the technical chart of gold will be listed again as follows.
Support: 3,103 – 3,100 – 3,056 USD
Resistance: 3,150 – 3,167 USD
SELL XAUUSD PRICE 3192 - 3190⚡️
↠↠ Stoploss 3196
→Take Profit 1 3184
↨
→Take Profit 2 3178
BUY XAUUSD PRICE 3050 - 3052⚡️
↠↠ Stoploss 3046
→Take Profit 1 3058
↨
→Take Profit 2 3064
GOLD, preppin tarmac for the next FLIGHT season from here 2980GOLD has been breaking expectations the last few weeks with constant ATH breaks and parabolic surges since last year -- overtaking most risk-on assets in the field and for good reason. I can't say enough fundamental reasons because they are too far many -- which all favors GOLD's ultra ascend.
After tapping its ATH peak at 3167, gold finally retreated for a healthy trim down following the markets RED pressure. It tapped 61.8 fib levels to touch 2979 zone -- an almost a 2000 pip drop.
This area is where most buyers converge. And based on our latest metrics from the diagram -- we are now starting a new transitional phase, and prep work for the next BIG SHIFT. It is currently commencing as we speak.
This transition shifts only comes once every 6 months -- so this occasion is very rare specially to those who seek to get the best seasonal price (post correction).
*Disclaimer, we may see some bargain overextension moves from here -- but those are good opportunities to stack up if it gives more discount ranges.
Ideal seed at the current range. A retap of the ATH peak -- and go beyond further is expected from the higher basing zone.
Last chance to grab this rare discount season.
Spotted at 2980.
Interim at 3167 (current) ATH
Mid 3300
Long term 4000.
TAYOR. Trade safely.
Gold Market Update (XAUUSD) – April 3, 2025Gold (XAUUSD) has been highly profitable after breaking a key resistance level and reaching a new all-time high. The strong bullish momentum has created a parabolic move on the daily time frame (TF), which often signals an impending retracement or correction as the market seeks stability. While the overall trend remains positive, a pullback could occur soon as price action cools down.
On the 1-hour time frame (TF), key support levels are emerging where gold may find temporary stability. The first major support to watch is around $3,080, where the 200 EMA could act as a dynamic support level. If this level fails to hold, a deeper correction could push prices toward the next significant support at $3,050, which has previously acted as a strong demand zone.
Despite the possibility of a short-term pullback, the broader outlook for gold remains bullish, driven by geopolitical uncertainties, inflation concerns, and central bank policies. Traders should closely monitor these support levels to assess potential buying opportunities or signs of a further downward move before the next leg higher.
#XAUUSD #Bitcoin #ethereum #forextrading #forex #cryptocurrency
Skeptic | GOLD: Is the Uptrend Over… or Just Taking a Breather? Welcome back, guys! 👋 I'm Skeptic.
Today, we're diving deep into XAU/USD , breaking down the current structure and upcoming trade opportunities. 🔍
Recap & Current Structure:
As mentioned in our previous analysis , after the recent uptrend, we've entered a corrective phase. This correction coincides with rising economic tariffs from the U.S. and retaliatory tariffs from the EU and China—particularly targeting U.S. goods.
Interestingly, gold, which is typically considered a safe-haven asset, also experienced a decline. This raises a red flag: when even gold falls, it signals that markets are likely pricing in an economic slowdown . Everyone seems to be chasing liquidity.
The recession risk is very real, so trade cautiously until a clear trend emerges. Right now, the market is in a state of uncertainty. Given the sharp declines in stocks, gold, and silver, we could see range-bound movement or consolidation this week—and possibly into the next.
Despite this, the major daily trend for gold remains upward , although momentum has clearly weakened. If we see a lower high and a confirmed break below support at 2958.53 , that would significantly shift the outlook—potentially leading to a deeper correction or even a trend reversal, especially in case of broader economic recession signals.
Let’s zoom into the 1H timeframe for actionable trade setups:
📈 Bullish Scenario (Long Setup):
- Trigger : Break & close above 3039.58
- Confirmation : 7 SMA below the candle during breakout + RSI climbing above OB
- Invalidation : Rejection and close back below 2994.10
📉 Bearish Scenario (Short Setup):
- Trigger : Rejection at 3019.98 followed by a drop below 2958.51
- Confirmation : RSI entering oversold
⚠️ Key Notes:
- Risk Management: Avoid overleveraging. Wait for clear confirmations before entering any trade.
Stay sharp, stay Skeptical, and I’ll catch you in the next analysis!
Gold (XAU/USD) 15-Min Short Setup: Bearish Reversal from ResistaEntry Point: $3,127.10
Stop Loss: $3,141.53
Target Point (Take Profit): $3,080.62
Technical Indicators:
EMA 30 (red line): $3,111.98 – showing short-term trend
EMA 200 (blue line): $3,056.92 – showing long-term trend
Setup Explanation:
This is a short/sell setup based on the following:
The price action has hit a resistance zone near $3,127 and shows signs of rejection.
The setup assumes that the price will reverse from this zone and head lower.
The Risk-to-Reward Ratio appears decent, aiming for a move of about -1.45% (-$45.34).
Current Status:
Price is currently around $3,119.69, below the entry point.
A slight bounce
GOLD H1 Update: Expect correction 2900/2950 USD🏆 Gold Market Update (April 3rd, 2025)
📊 Technical Outlook Update
▪️5 wave impulse completed
▪️Expect correction now
▪️Tariffs already priced in
▪️Profit taking in progress now
▪️Price Target BEARS 2900/2950 USD
▪️Strategy: SHORT SELL rips/rallied
▪️target is 2900/2950 USD
📢 Gold Market Update – April 2025
📈 Gold Hits All-Time High!
🚀 Price spiked to $3,167.84/oz after Trump announced sweeping tariffs (10–34%) on global imports.
🌎 Investors rushed to safe-haven assets amid rising trade war fears.
📉 Volatility Followed
💸 Sharp pullback after the surge as markets reacted to global uncertainty.
🔁 Analysts expect more swings as tensions evolve.
🏦 Central Banks Buying More Gold
🛡️ A move to protect against currency risks & inflation fears.
Gold continues to rise today - waiting for FOMC🔔🔔🔔 Gold news:
➡️ Gold prices remain confined to a range near multi-week lows reached on Monday amid mixed fundamental signals. The ongoing global trade war and growing fears of an economic recession have triggered a prolonged sell-off in stock markets worldwide. Additionally, rising expectations of more aggressive interest rate cuts by the Fed and a weaker US dollar have provided some support for bullion.
➡️ The global focus continues to revolve around US President Donald Trump’s trade war, and the recent calm appears to be only temporary. Market turbulence is expected to resume in the coming days as major economies are likely to announce countermeasures.
Personal opinion:
➡️ Gold still maintains its limited upward momentum today and awaits upcoming FOMC news. Potential uncertainties are still the main driving force for gold prices
➡️ Analysis based on resistance - support levels and pivot points combined with EMA and trend lines to come up with a suitable strategy
Resistance zone: 2978 - 2957
Support zone: 3033- 3056 - 3073
Plan:
🔆Price Zone Setup:
👉Sell Gold 3032- 3034 (Scalping)
❌SL: 3038 | ✅TP: 3028 - 3024 - 3020
👉Sell Gold 3058- 3056
❌SL: 3063| ✅TP: 3051 – 3046 – 3041
👉Buy Gold 2956- 2958
❌SL: 2950 | ✅TP: 2963 – 2968 – 2973
FM wishes you a successful trading day 💰💰💰
GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price play between two weighted levels with a gap above at 3055 and a gap below at 3034. We will need to see ema5 cross and lock on either weighted level to determine the next range.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
3055
EMA5 CROSS AND LOCK ABOVE 3055 WILL OPEN THE FOLLOWING BULLISH TARGET
3078
EMA5 CROSS AND LOCK ABOVE 3078 WILL OPEN THE FOLLOWING BULLISH TARGET
3094
EMA5 CROSS AND LOCK ABOVE 3094 WILL OPEN THE FOLLOWING BULLISH TARGET
3119
EMA5 CROSS AND LOCK ABOVE 3119 WILL OPEN THE FOLLOWING BULLISH TARGET
3148
BEARISH TARGETS
3034
EMA5 CROSS AND LOCK BELOW 3034 WILL OPEN THE FOLLOWING BEARISH TARGET
3015
EMA5 CROSS AND LOCK BELOW 3015 WILL OPEN THE FOLLOWING BEARISH TARGET
2999
EMA5 CROSS AND LOCK BELOW 2999 WILL OPEN THE FOLLOWING BEARISH TARGET
2975
EMA5 CROSS AND LOCK BELOW 2975 WILL OPEN THE SWING RANGE
SWING RANGE
2950 - 2922
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX