Hello brothers, let's comment on the gold price next week from April 21, 2025 to April 25, 2025
💥 World Situation:
Gold prices are expected to end the year on a strong note, rising more than 2.79%, with the precious metal surging nearly $90 amid continued weakness in the U.S. dollar (USD) due to ongoing global trade uncertainties. At the time of writing, XAU/USD is trading around $3,326.
Despite hitting an all-time high of $3,358, the rally cooled slightly as both European and U.S. markets were closed as traders locked in profits ahead of the extended Easter weekend. Meanwhile, real yields edged higher, offering mild resistance. On the policy front, San Francisco Fed President Mary Daly noted that the U.S. economy remains resilient, even though some areas are showing signs of slowing. She stressed that monetary policy remains tight enough to keep inflation in check, while also hinting that the neutral rate could rise.
✡Summary:
Gold prices are still in a big uptrend, and short-term corrections will only allow gold prices to accumulate further and continue to hit new highs. Tariff tensions continue to cause gold prices to rise strongly: 3382, 3400
🔥 Technical:
According to the resistance and support levels of gold prices on the 4-hour chart, important key areas can be identified as follows:
Resistance: $3357, $3382, $3390
Support: $3284, $3260, $3155
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose a lot size that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
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"The Golden Key to Financial Freedom" welcome to join the free channel
t.me/+alDpuIRD9vU4MWQx
t.me/+alDpuIRD9vU4MWQx
Related publications
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.