Gold Spot / U.S. Dollar
Long
Updated

Gold XAUUSD Possible Intraday Move 16.04.2025

786
🟡 XAUUSD (Gold) Price Action Analysis – April 16, 2025

This setup is based on simple and pure price action—nothing fancy, just clean structure, breakout behavior, and the well-settled $25 range principle when Gold is out of consolidation.

✅ Buy Signal Zones (Based on Pure Price Action)
📍 Buy Zone 1: $3,270 – $3,275

Potential retest of the previous minor structure.

Buy on bullish reaction or rejection.

📍 Buy Zone 2: $3,240 – $3,245

Strong support aligning with 50% Fibonacci.

Previous resistance turned support—perfect for deeper pullbacks.

📍 Buy Scenario 3: No pullback, direct continuation

Buy on strong breakout above $3,299 targeting $3,325.

This aligns with the $25 range principle—a settled rule when Gold breaks out of range.

🎯 Target: $3,325
Pure price action logic: From the current structure, the next clean target lies at $3,325, exactly one $25 block higher.

📝 Summary:
✅ Buy from $3,270–75 or $3,240–45, with confirmation.

✅ Buy on breakout above $3,299 targeting $3,325.

🚫 Avoid shorts—structure favors bulls.

This is simple and pure price action. No indicators, no confusion—just structure, reaction, and levels.

Hit like, follow, comment and share to show support.
Trade active
The breakout and successful retest of the 3300 level has resulted in a strong buy move, now running with over 330 pips in profit. For those who took the buy, consider booking 70% of your profits and trailing the rest with a stop-loss.
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.