We might get a play on Gold soon! Been waiting for price to come for these levels for almost a month now. Now that we are finally here I'm just trying to keep my cool and wait for things to line up inside of the killzone. We could get a nice bullish swing here. We just have to wait for price to show us thats what it wants to do.
Commodities
Could the Gold rebound from here?The price has reacted off the pivot and could potentially rise to the 1st resistance.
Pivot: 2,955.87
1st Support: 2,925.35
1st Resistance: 3,054.56
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Potential bearish drop?XAU/USD is rising towards the resistance level which is a pullback resistance that aligns with the 23.6% Fibonacci retracement and could drop from this level to our take profit.
Entry: 3,007.14
Why we like it:
There is a pullback resistance level that line sup with the 23.6% Fibonacci retracement.
Stop loss: 3,059.25
Why we like it:
There is a pullback resistance level that lines up with the 50% Fibonacci retracement.
Take profit: 2,951.70
Why we like it:
There is a pullback support level that is slightly below the 61.8% Fibonacci retracement.
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GOLD GROWTH AHEAD|LONG|
✅EUR_USD is going down now
Just as the retest of the market
In general it seems
But a strong support level is ahead around 2940$
Thus I am expecting a rebound
And a move up towards the target at 3020$
LONG🚀
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GOLD Will Go UP! Buy!
Hello,Traders!
GOLD made a nice correction
Of almost 7% on the general
Panic over the trade wars which
Gives us a great opportunity
To jump into Gold with a discount
From a nice horizontal support
Level of 2945$ from where
We will be expecting a
Further bullish move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
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It could be worse for Gold and Bitcoin, right? Apple alone has shed nearly $640 billion in market capitalisation over just three days. The S&P 500 has fallen more than 10% during the same stretch—its worst performance since the onset of the COVID-19 pandemic. In Asia, the selloff is even more severe, with Japan's Nikkei 225 down nearly 8%, South Korea’s Kospi 200 off almost 6%, and Taiwan equities falling close to 10%, triggering circuit breakers.
In comparison, Bitcoin and Gold, while under pressure, appear to be weathering the downturn with relatively less panic.
Bitcoin has declined around 10%—a notable drop, but not unusual by crypto standards. Trading near $76,000, it has returned to pre-election levels, breaching both short- and long-term support zones.
Gold is tracking its worst three-day performance in over four years. Although some positive forecasts are emerging. Deutsche Bank has revised its year-end gold price forecast upward to $3,350, citing rising recession risks and renewed safe-haven demand.
Crude Oil: Volatility and Key Levels in FocusThe Crude Oil (CL1!) chart shows a recent phase of high volatility, with a sharp decline followed by a recovery attempt. After reaching the recent high around 80.77, the price underwent a significant correction, returning to the key support zone between 60.97 and 62.43. This price range represents an important accumulation level, previously tested multiple times in recent months and defended by buyers.
From a technical perspective, the area between 65.27 and 69.00 represents a dynamic resistance zone, whose breakout could pave the way for a recovery towards the critical 73.00 area. However, the recent bearish impulse has pressured lower levels, and a weekly close below 60.97 could indicate a structural trend change, with potential bearish targets around 57.00.
The RSI is currently in an oversold zone, suggesting a potential consolidation phase or a technical rebound attempt. However, selling pressure remains high, and sentiment is negative, partly driven by global economic uncertainties and concerns about oil demand.
From an operational perspective, a move back above 65.27 could indicate a recovery phase, with targets at 69.00 and subsequently 73.00. Conversely, a break below 60.97 would open negative scenarios with a possible extension towards the lower support at 57.00. Investors remain focused on macroeconomic data and OPEC+ decisions, as potential production cuts could trigger a new rally, while an unfavorable macro environment could increase selling pressure.
SPY/QQQ Plan Your Trade EOD Review : POP PatternToday's pattern played out perfectly.
I'm really amazed that the SPY rallied up to my resistance level ($520-525) and stalled/bottomed exactly near my $480 support.
Absolutely PERFECT reflection of the data I presented this morning and from my research over the weekend.
Now, if my analysis is correct, we move into a sideways consolidation pattern for the next 3+ weeks where price will attempt to establish a range (moving slightly downward in trend) before we get to the late-June breakdown (setting up the July 2025 low), then another big breakdown in October 2025.
I can't tell you how pleased I am with the comments and messages I get every day. Some of you are KILLING IT and I'm so happy to be able to help.
Remember, we are all trying to find the best way to profit from these market trends. So remember to share your success with others and let them know how to find the best tools for trading (on TradingView).
Now, let's get busy trying to get ready for the next phase of this market trend (which will come in June).
I'll keep you updated.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
GOLD (XAU/USD) - Double Top & Bearish Breakdown Incoming?📉 GOLD (XAU/USD) - Double Top & Bearish Breakdown Incoming? 📉
Gold has been trading in an ascending channel, but a possible double top pattern is forming near $3,163. The recent breakdown from the midline suggests that sellers are stepping in! 🚨
🔎 Key Observations:
✅ Double Top Rejection: Price failed to break above $3,163, signaling a potential bearish reversal.
✅ Break Below the Channel Midline: A retest of $3,129 could act as a confirmation before further downside.
✅ Bearish Targets: Next support zones lie at $3,083 - $3,005, with potential for deeper correction.
📊 Possible Scenarios:
📌 Bearish Case: If price gets rejected at $3,129, expect further downside towards $3,060 - $3,040.
📌 Bullish Case: If bulls reclaim $3,129, gold might retest highs near $3,163.
⚠️ Watch price action closely! A confirmed breakdown could accelerate selling pressure! 📉
What do you think? Will gold hold, or is a deeper drop coming? Share your thoughts in the comments! 👇🔥
#Gold #XAUUSD #Trading #Forex #DoubleTop #TechnicalAnalysis #PriceAction
XAGUSD: 2 year Channel Up bottomed.Silver turned oversold intra day on its 1D technical outlook (RSI = 34.341, MACD = -0.553, ADX = 36.363) but recovered as it hit the bottom (HL) of the 2 year Channel Up and rebounded. It may be under the 1D MA50 but so were the lows of October 2nd 2023 and February 12th 2024 that formed the last important bottom. In the meantime the 1W RSI hit its LL trendline, an additional bullish signal. The DT Resistance and DB Support offer a great and high probability range for sideways trading, so our recommendation is to long but contain buying under the DT (TP = 34.500). If on the other hand the candle closes under the Channel Down, short and aim for the 1W MA200 (TP = 25.600).
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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.
WTI CRUDE OIL: Potential bottom and massive rebound to 71.00.WTI Crude Oil got oversold on its 1D technical outlook (RSI = 31.096, MACD = -1.620, ADX = 38.232) but is recovering its 1W candle now as it hit the bottom (LL) of the 1 year Channel Down. If the 1W candle makes a green closing, we will consider this a bottom, as the 1W RSI is also on its LL trendline) and go for a long aimed as the previous one at the 0.618 Fibonacci (TP = 71.00).
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Gold (XAU/USD) Price Outlook:Gold (XAU/USD) Price Outlook:
🔸 Bearish Scenario:
If the price of gold breaks and closes below the key support level of 3016, it will indicate a strong bearish signal. This breakdown would suggest that selling pressure is increasing, and we could see a continued downward move toward the next support zone. The immediate target in this case would be around 3002, where buyers may attempt to step in. A sustained move below 3002 could open the door for further downside.
Key Levels to Watch:
Support: 3016 (break level)
Target: 3002/2978
Additional downside possible if 3002 fails to hold
🔸 Bullish Scenario:
On the other hand, if gold breaks and closes above the resistance level of 3030, it will signal bullish momentum and a possible continuation of the uptrend. This breakout could trigger buying interest, pushing the price higher toward the next resistance levels at 3052 and 3065. These levels will act as short-term targets for bulls.
Key Levels to Watch:
Resistance: 3030 (break level)
Bullish targets: 3052 and 3065
Further upside possible if momentum continues above 3065
TLT - Monthly Targets (Long Term)Markets are currently tight squeezing due to Trumps terrifs etc, something has to give in, based on this chart:
- TLT has found a bid at .963 Fibonacci level @ $82.42 (EXTREME RETRACE)
- Dec 2, 2024 = the 369 ratio in time for $82.42 (time & price 📐)
NEXT TARGET PROJECTION IS 50% OF THE MAX TARGET ANGLE = ($121)
(BETWEEN 2025 - 2029)
MAX TARGET = $183 - $212
(BETWEEN 2025 - 2034)
GOLD dropped dramatically then recovered in the short termOANDA:XAUUSD saw a short-term spike during the Asian trading session on Monday (April 7). The price of gold recovered to reach around $3,053/ounce, up $83 from the intraday low of $2,970.47/ounce reached earlier.
OANDA:XAUUSD fell sharply after the Asian open on Monday, with gold also falling sharply as equity markets suffered a sharp sell-off.
While gold typically benefits from periods of volatility, it is more prone to sell-offs during periods of high volatility, with investors likely to sell gold to cover losses elsewhere.
The stock market sell-off has prompted investors to cover their losses. However, rising trade wars and geopolitical risks could boost safe-haven demand, supporting gold prices.
Trump Makes Shocking Claim About Stock Market Crash: "Sometimes You Have to Take Medicine"
When asked about the stock market crash, US President Trump said on Sunday local time, "Sometimes you have to take medicine."
After plunging on Thursday and Friday last week, global stock markets continued to fall on Monday, creating the worst three-day losing streak in history.
“I don’t want anything to happen, but sometimes you have to take medicine to solve the problem,” Trump told reporters on Air Force One, speaking about the economic impact of his sweeping tariffs.
“I can’t tell you what’s going to happen in the markets,” Trump said. “But our country is stronger.” According to Reuters, Trump gave no indication that he would abandon the tariff plan during his speech.
Trump also said he did not intentionally orchestrate the market sell-off. “No, it wasn’t that,” he said.
Last Friday, Trump reposted a video on his social media platform in response to the stock market crash. The video opens with the assertion: “Trump is causing the stock market crash… but he’s doing it on purpose.” Trump’s “No, he’s not” comment came hours after his economic advisers said in a Sunday television interview that the market should not expect to be rescued from the tariff-driven sell-off.
The Stock Market as well as the Gold Market are now directly piloted by Captain Trump, so keeping an eye on Trump is essential for any trader.
One comment can also break all the technical structures, and we cannot trade the market without knowing what is happening in the market. The market is 50%, the rest is now Trump and a part of the FED along with trade and geopolitical developments.
Technical Outlook Analysis OANDA:XAUUSD
On the daily chart, after the gold price fell, it received support from the lower edge of the price channel, an important position of the current main uptrend.
And the recovery brought the gold price back above the EMA21 level, however, the upside momentum is also limited by the technical level of 3,056USD, pay attention to readers in the weekly publication.
In terms of momentum, the Relative Strength Index RSI approached the level of 50, which is considered a support position for the RSI and the RSI bending upwards will be considered a positive signal for the bullish recovery momentum.
During the day, the technical uptrend of the gold price is still dominant with the price channel as the main trend and the notable positions will be listed as follows.
Support: 3,019 - 3,000 - around the lower edge of the channel
Resistance: 3,056USD
SELL XAUUSD PRICE 3093 - 3091⚡️
↠↠ Stoploss 3097
→Take Profit 1 3085
↨
→Take Profit 2 3079
BUY XAUUSD PRICE 3001 - 3003⚡️
↠↠ Stoploss 2997
→Take Profit 1 3009
↨
→Take Profit 2 3015
Gold H1 projectionKey Points (Revised):
* Asset: Gold Spot / U.S. Dollar (XAUUSD)
* Timeframe: 1-hour chart
* Recent Price Action: A sharp upward move has occurred, reaching the red highlighted zone (potential resistance).
* Potential Reversal Zone: The red rectangular area between approximately 3009.643 and 3015.015 now appears to be acting as a resistance zone.
* Target Zone: The green rectangular area between approximately 2953.785 and 2944.180 is now the potential target for a downward move.
* Proposed Pattern: The price action suggests a potential rejection at the resistance zone, leading to a downward move.
Trading Idea (Revised):
The updated chart suggests a potential short (sell) trade opportunity. The idea is to enter a short position within or near the red highlighted zone (potential resistance), anticipating a downward move towards the green highlighted zone (potential support/target). This is based on the price reaching a potential resistance level and showing signs of rejection.
GOLD: Long Trade Explained
GOLD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long GOLD
Entry Point - 3006.4
Stop Loss - 2998.0
Take Profit - 3024.8
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GOLD ROUTE MAP UPDATEHey Everyone,
Great start to the week with our 1h chart route map playing out, as analysed.
We started the session with our Bearish targets 3034 and 3034 and then the retracement range targets at 2999 and 2975, followed with our Bullish target at 3055, perfectly inline with our plans to buy dips.
The range is currently big and we will continue to see play and test between the weighted levels. A re-test and break below the retracement range will open the swing rang. However, continuous support above the retracement range will see a further test at 3055 weighted Goldturn level and lock above 3055 will see the range above open.
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 - DONE
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 - DONE
EMA5 CROSS AND LOCK BELOW 3034 WILL OPEN THE FOLLOWING BEARISH TARGET
3015 - DONE
EMA5 CROSS AND LOCK BELOW 3015 WILL OPEN THE FOLLOWING BEARISH TARGET
2999 - DONE
EMA5 CROSS AND LOCK BELOW 2999 WILL OPEN THE FOLLOWING BEARISH TARGET
2975 - DONE
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
H12 Key Insight – XAUUSD Structure Shift?🧭 H12 Key Insight – XAUUSD Structure Shift
The 12H chart confirms a clear CHoCH (Change of Character), printing a Lower High after the massive rejection from the premium supply zone at 3135–3145.
Here’s the refined breakdown 👇
🔹 What’s Happening:
After tagging a strong premium OB, price formed a Lower High and Lower Low — initiating bearish 12H structure.
A small bearish OB was left unmitigated around 3042–3052, now acting as potential sell interest.
Price is currently ranging just above that, showing indecision — any break and retest may fuel continuation down.
🔻 Key Bearish Target Zone:
🟦 Demand zone at 2896 – 2860
🧠 Why:
Clear imbalance from previous rally
Aligns with EQ level + strong H4 OB
Final mitigation zone before bigger trend decision
✳️ Scenarios from H12 POV:
🟥 If 3050–3060 acts as supply again → continuation toward 2950 then 2890
🟩 If price reclaims 3080+ and holds → structure may shift again bullish
📉 H12 confirms bearish bias, but lower timeframes will give the actual sniper entry triggers.
💬 Drop your thoughts below – Are you still buying dips or flipping bearish?
Stay confident. Stay structured. Let the charts guide you! 🧠💥
SILVER: The Market Is Looking Down! Short!
My dear friends,
Today we will analyse SILVER together☺️
The price is near a wide key level
and the pair is approaching a significant decision level of 29.788 Therefore, a strong bearish reaction here could determine the next move down.We will watch for a confirmation candle, and then target the next key level of 28.884..Recommend Stop-loss is beyond the current level.
❤️Sending you lots of Love and Hugs❤️