View on the short-term trend of gold!📌Fundamentals:
Gold prices fell sharply. After Trump announced a "breakthrough" trade deal with the UK, market expectations for more similar deals increased, weakening gold's appeal as a safe-haven asset.
📊Technological aspects:
Gold quickly fell in the Asian session and then quickly stretched back up. As of now, it has stood above 3320. So the possibility of gold falling again is relatively small. And there is a possibility that gold will further hit Thursday's high of 3360-70. If 3202 to 3435 is regarded as wave a, then 3438 to today's low of 3275 is wave b. So the current rebound from 3275 will go up in wave c. The first suppression position above is 3360-70, the high point of yesterday's rebound. At present, gold has stabilized above 3320, so the next bullish target for gold is to test 3360-70. After the pressure appears, follow the trend and go short.
Goldman_analysis
Special attention needs to be paid to gold operations on FridayThe current price fluctuates around the 3300-3348 range, with resistance at 3348-3352 and support at 3295-3303. If it breaks through 3348, be wary of a second surge to around 3365; conversely, if it loses 3295, it may fall back to the 3275-55 area.
Gold recommendation: short sell near 3335-3345 when it rebounds. Target position 3320-3310.
The range is broken and the bulls are ready to go!📌Fundamentals:
1. In the Fed's decision, Powell maintained the 4.25%-4.5% interest rate expectation, which was exactly the same as the expectation I mentioned, and predicted the result of the entire decision.
2. The India-Pakistan conflict intensified, and global geopolitical risks continued to heat up. From Gaza to Russia and Ukraine, and then to India and Pakistan, risk aversion will continue to provide long-term support for gold prices.
📊Technical aspects:
Affected by the interest rate decision, gold bottomed out and rebounded, but did not fall below the low of 3360. The daily line closed in the negative. The data had little impact. Of course, there are also concerns about the increase in inflation and unemployment caused by the increase in taxes. It is expected that there will be another interest rate cut in July, which provides support for gold. After the Asian session opened under short-term pressure at 3397, it broke through and increased in volume, and walked out of the shock range of the first half of the week. The previous article mentioned that squats and long jumps were realized. Today, we maintain a bullish mindset and pay attention to the top and bottom conversion support of 3400. If it can stabilize in the US market, we can continue to go long. The upper side will gradually look to 3423 and 3435, and it is not ruled out that it will go near the previous high.
🎯Practical strategy:
Gold is long near 3387-3380, and look at 3423 and 3435! If it is strong, it is long based on the support of 3402-3398!
Gold prices remain volatile, where is the profit range?
💢 Driving factors
Gold prices plunged nearly 2% yesterday, mainly due to the strengthening of the US dollar and the optimism brought about by the upcoming trade talks between the United States and China. The Federal Reserve kept interest rates unchanged on Wednesday, but pointed out that the risks of rising inflation and unemployment increased, which further clouded the economic outlook as the Fed struggled to assess the impact of Trump's tariff policy. When the US dollar strengthens, it means that gold is relatively expensive for buyers holding foreign currencies. But despite the decline in gold prices, it is still supported by global geopolitical risks and central bank buying.
📊 Commentary Analysis
Gold basically fluctuated in the 3400-3360 range today, which is a typical fluctuation. But for high-level fluctuations, we must worry about the breakthrough after the platform is sorted out, and we must also worry about the stagflation retracement, which depends on the time cycle. Therefore, the current trend, people who like fluctuations feel very good, and those who look at one-sidedness feel uncomfortable. Today's early trading operations are still temporarily carried out in the 3400-3360 range, and new layouts will be made after the break!
💰Strategy Package
The Asian session is expected to remain volatile, and both long and short positions have opportunities. You only need to operate at the right time. Go long when the short-term retracement reaches 3370 support, and go short when the upper resistance reaches 3410.
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
Thinking and practical skills for winning in the 3360-3400 rangeAffected by the news, gold fell sharply at the opening. Successfully won. According to the trading strategy, we gave gold a wide range of fluctuations in the 3360-3400 range, which will not change much. It can be operated within the range during the day. The trading strategy analysis is accurate, and the key points are accurately grasped to enter the market, which brought us good returns during the day. The short-term rhythm is accurately grasped! Brothers who followed the trading plan should have also made very good profits. 🍻🍻🍻
The downside risk of gold increases!📌Fundamentals:
1. The conflict between India and Pakistan shows signs of escalation
2. US-Houthi ceasefire agreement
3. The Fed’s interest rate decision dominates this week’s market
4. International trade situation disturbs market sentiment
5. Market sentiment and capital flow
📊Technical aspects:
At present, on the hourly basis, gold is still under pressure at the small range resistance of 3400, and the current tariff crisis has cooled down. The data of the Fed's interest rate decision will cause a series of fluctuations in gold in the short term. At the same time, the market is betting that there will be further trend corrections, which may cause capital outflows in the market, which will further hit gold bulls!
There is actually a new round of operation opportunities in the short term. The short-term resistance should be around 3400, but since the game between major powers has not stopped, there will be no big negative factors. However, if the data layout does not fluctuate much, the market may not have a big dive. At present, we will temporarily play at the 3360-3400 level. If it breaks, we will make new adjustments!
🎯Practical strategy:
Gold: Short around 3390-3400 on the rebound, and the target is 3370-3360!
Intraday adjustment ends, follow up with low and long positions!📌Fundamentals:
1. The conflict between India and Pakistan shows signs of escalation
2. US-Houthi ceasefire agreement
3. The Fed’s interest rate decision dominates this week’s market
4. International trade situation disturbs market sentiment
5. Market sentiment and capital flow
📊Technical aspects:
Affected by the trade negotiations, gold reached a high of 3434 and came out of the 70 US dollar drop. It took advantage of the trend to follow up the short order and reached the target profit stop as scheduled! Then it fell back and went long again to reap profits. The daily line continued to close in the positive direction, and there was room for fallback and adjustment during the Asian session. However, the daily cycle did not support a sharp decline for the time being. The data during the day tended to be treated as shocks. Therefore, the bullish trend remained unchanged, and the support below was 3335. You can go long if it hits during the day. The short-term support is around 3360 and 3350. In terms of operation, it will continue to be low and long. When it stabilizes, it will go to 3410 or even near the high point. However, if the second test does not reach a new high, there may be a larger correction.
🎯Practical strategy:
Gold is long around 3350-55, looking at 3376 and 3410! If it is strong, go long based on the support of 3365-60!
Gold is once again experiencing its extreme take-off trend!📌Fundamentals:
1. There are signs of escalation in the India-Pakistan conflict
2. The Fed's interest rate decision dominates this week's market
3. The international trade situation disturbs market sentiment
4. Market sentiment and capital flows
📊Technical aspects:
The 4-hour cycle still needs a wave of strength, and it needs to go out of a wave of big rises before it can open the Bollinger upper track to form an absolute unilateral strength. Therefore, although it is temporarily bullish, there is also a certain possibility of adjustment. The current 4-hour cycle support is around 3310, and the small cycle performance support is around 3350, so don't chase more.
🎯Practical strategy:
Gold pulls back to around 3365-3375 to go long, and the target is around 3400-3420.
GOLD / XAUUSD: Breaking the down channel (correction wave)Therefore, if the 21-day SMA holds in the event of a weak US Non-Farm Payroll (NFP) report, a rebound toward the immediate static support-turned-resistance at 3260 could occur.
A sustained move above that level would encourage Gold buyers to push further toward the former channel support, now acting as resistance, at 3405.
Is the gold market ushering in betting?
📌 Gold driving factors
There are two aspects to look at the impact of April non-agricultural data on the gold market.
One is the data itself and the existing economic environment, and the other is combined with the technical aspect.
The market itself is troubled by the tariff issue. Whether it is the US stock market or the US dollar, it needs good economic data to boost it. Once the April non-agricultural performance is poor, the market sell-off will be out of control, and it also means that the risk of US economic recession is increasing.
Secondly, good data performance reduces the Fed's expectations for rate cuts. As we all know, the Fed's expectations for rate cuts or rate cuts are theoretically good for gold prices, and vice versa.
The cooling of the tariff issue may come soon, which is also not conducive to the rise in gold prices, but cooling does not mean the end, and the final achievement will definitely take some time.
📊Comment Analysis
"After experiencing short-term fluctuations, the price of gold appears to be relatively stable around $3,250. If it is to rise further, it must break through the $3,300 mark. But whether the market is ready to break through this point remains to be seen."
At present, gold is still in a continuous adjustment trend. Although it retreated to the 3,200 line on Friday and then rose again, it is still under pressure below the opening of the 3,265 decline. This is also the pressure level we need to pay close attention to next Monday!
The sideways trading period on Friday is long enough, and it is time for a breakthrough. So how should we arrange the market next week? It should not rise, but it will fall instead. It is not difficult to understand the trend on Friday. If it rises in the morning next week, it should be noted that the upper 3,265 is the watershed. If it breaks through, it will continue to rise, but if it is still under pressure, it is our opportunity to enter the short position!
💰Strategy Package
Operation ideas for next week:
Short at 3265 gold, stop loss at 3275, target 3230-3220;.
The market fluctuates violently, and real-time entry and exit are mainly based on real-time guidance!
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
Risk aversion eases, gold continues to fluctuateSpot gold prices (XAU/USD) fluctuated and fell, approaching the $3,300 mark, continuing the weak trend of the previous trading day.
From the daily chart, gold prices have fallen from their historical highs and are currently approaching the 38.2% Fibonacci retracement level (US$3,300-3,290). The key support level below is concentrated in the $3,265-3,260 range, which is also the previous consolidation range. If it falls below, it will open up the space for a 50% retracement level (US$3,225) or even $3,200.
In terms of technical indicators, the MACD indicator shows signs of a dead cross, and the green kinetic energy column expands moderately, indicating that short-term bears still have the initiative; the RSI indicator is still oscillating near the 50 axis, and has not yet shown extreme oversold, indicating that the downside space may be limited. Once the price rebounds, the initial resistance above is seen at $3,348-3,353.
After the breakthrough, it is expected to re-challenge the $3,400 mark, and even attack $3,425-3,427.
If the US PCE inflation and non-farm data weaken this week, it will further support the re-entry of gold bulls.
Gold shocks pull the trend towards the bearish side!Gold market trend analysis:
Gold technical analysis: You should have seen the exaggeration of gold, right? Gold has also experienced several major ups and downs in history, but this time is definitely one that can be recorded in the history books. The daily lines in the past few months are very exaggerated, and the rise and fall range is unprecedented. Just today's Asian market, a simple dive is dozens of points. This is the market. The market is always right. We need to respect it the most, rather than blindly look at it subjectively. Surviving in such a big market is the most important thing. Many times, the fluctuation of gold is basically not related to technicality. We try to follow the direct pursuit mode in operation, and we can catch big profits in such a big market. Last week, the weekly line closed with a big tombstone, the weekly line top appeared, and the air force appeared. In May, gold will at least adjust to around 3,000.
The above is the 4-hour pattern, which is repairing below the moving average. If the bulls break 3370 again, there is a possibility of rising again. Otherwise, gold will adjust deeply again. This wave of adjustment is at the weekly level. The daily pattern is also turning into a peaking mode. Note that the rise and fall of gold is not based on technical aspects, but more on fundamentals and big data, as well as the impact of tariffs. Without these influences, we will be bearish this week. If the decline of the big C wave continues, the target will be 3230 (the half point of the entire April rebound) in turn. 3165 is the Fibonacci 61.8 position of the callback and also the previous high point, which is easy to form a rebound. Today's gold focuses on two major suppressions, one is the hourly suppression around 3300, and the other is 3315 and 3328, both of which are opportunities for air forces. On the whole, today's short-term operation strategy for gold is to short on rebounds and to buy on pullbacks. The upper short-term focus is on the 3298-3300 resistance line, and the lower short-term focus is on the 3265-3260 support line. Friends must keep up with the rhythm. It is necessary to control the position and stop loss, set stop loss strictly, and do not resist single operation. The specific points are mainly based on real-time intraday trading. Welcome to experience, exchange real-time market conditions, and follow real-time orders.
Interpretation of ideas after gold opensTechnical pattern: This week, gold closed in a "shooting star" pattern, which is a common peak signal, indicating that the price of gold may face a correction or decline.
Influence of news: This week, affected by Trump's tariffs and dismissal of Powell, gold first hit a record high of 3500 due to its safe-haven properties. Then Trump's remarks changed, and the price of gold plunged from the high point to around 3260. Overall, it ended in a volatile situation under the uncertainty of tariffs, Powell's stay and interest rate cuts. If there are no new safe-haven factors in the market news, there is room for further decline in the price of gold.
Short-term trend analysis
Four-hour level: After the safe-haven, the price of gold rebounded at the low point of 3260, but was unable to continue near 3370. It is believed that the high-level selling repair and low-level buying intervention have affected it. The opening of the gold price next week may continue to fall.
Hourly level: Since the decline in the price of gold, the rebound strength has been insufficient. It rebounded twice near 3260 below, and the overall center of gravity was downward before crossing 3380. Next week, pay attention to the 3330-3346 range to determine the nature of the rebound at the end of this week. At the same time, pay attention to whether 3260 can be broken. If there is a break, you can look down to 3221.
Operational suggestions: Overall, the overall idea for next week will continue to be bearish. Pay attention to the resistance of the 3330-3346 range on the top, and try to go short if it is touched; the initial support below is 3260, and the bearish trend can continue to 3221-3219 if it breaks.
Suggestions for being stuck at high positions: For investors who are standing guard at high positions, if they can withstand the pullback of gold prices, they can continue to hold and wait for the return of their capital; if not, it is recommended to recognize the loss and leave the market first, and then enter the market after the gold price has adjusted to the right level.
4.25 gold short-term operation technical analysis!Spot gold suddenly fell sharply during the Asian session on Friday (April 25). At the end of the session, the current gold price was around $3,307/ounce, a plunge of more than $40 during the day.
Gold prices turned lower on Friday as hopes of a trade deal between China and the United States weakened safe-haven assets. The positive risk tone weakened the demand for safe-haven assets. In addition, optimistic US macroeconomic data on Thursday supported the dollar, which also hit gold prices.
Cleveland Fed President Hammack made it clear in an interview on Thursday that the Federal Reserve has basically ruled out the possibility of a rate cut in May. But she also released key information that if there is clear evidence of the direction of the economy, there is room for policy action in June.
Gold prices are currently supported near the $3,300/ounce mark, which is also the 38.2% Fibonacci retracement level of gold prices from this month's low (around $2,950/ounce) The latest round of gains is located.
If gold price falls below the $3300/oz mark, the next support for gold price is the weekly low near the $3260/oz area; if it falls below the above area, gold price may accelerate its decline and fall to the 50% retracement level (i.e. the area near $3225/oz) and finally fall to the $3200/oz mark. Some follow-up selling will indicate that gold has peaked and turn the short-term bias in favor of bearish traders.
Gold price resistance is around the $3368-3370/oz area, which should be a key level now. If it breaks through the above area, gold price may return to the $3400/oz mark. The subsequent rise may push gold price further to the $3425-3427/oz barrier. Once this barrier is overcome, bulls may retry to conquer the psychological $3500/oz mark.
Interpretation of 4.25 Gold Short-term Operation IdeasFrom the technical analysis of the hourly market, yesterday's low was at $3,306, and the rebound just now showed an obvious stop signal at this position. Based on this, the current short-term suppression level can refer to $3,315, and the higher level is $3,328. For short-term investors, you can consider waiting for the gold price to rebound to around $3,315 to arrange short orders and continue to be bearish on the gold price. The first thing to pay attention to below is the support of the low point just touched at $3,287. If this support level is lost, the next key support level will be $3,260, the first low point on the previous downward journey. If $3,260 is also effectively broken, the short-selling force will be further released, and the gold price may face a larger decline.
Gold surged and then fell back to fluctuate. How to profit?
Trump said he was ready to significantly reduce the broad tariffs on Chinese goods. On the same day, Trump also said he had no intention of firing Fed Chairman Powell, who had previously asked the Fed to cut interest rates immediately. This move shocked the market and triggered warnings from business leaders.
Short-term trading of gold and US dollars on April 24: US market focuses on 3350-66 to suppress shorts, stop loss 3375, take profit 3317/3300
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the capital account
- Stop loss is 1-3% of the capital account
Technical analysis of short-term gold operationsGold rebounded to $3,339 and fell back after encountering resistance. It accelerated its decline after the opening of the U.S. market. After falling to $3,260 and stabilizing, gold began to rebound, and was still suppressed by the integer of $3,300 until the closing. Gold broke upward at the opening of Thursday, rising to $3,367, and fell back to $3,314 after encountering resistance and stabilizing. It is currently trading at $3,337. Overall, gold further retreated to $3,260 to stabilize, and rebounded to $3,367 and encountered resistance, which is basically consistent with the lower space of $3,250 and the upper space of $3,385 given by us.
Gold rebounded after hitting a new low in a week on Wednesday, mainly because Bessant said that tariff negotiations will not start soon and will be conducted at the current trade level between China and the United States. Trump did not propose unilateral reductions in tariffs on Chinese imports and denied any upcoming tax cuts, which increased uncertainty and caused some safe-haven funds to flow back into the gold market.
Tariffs ease, risk aversion drops, gold continues to be bearishAfter hitting the integer mark of 3500 yesterday, gold fell back by nearly 200 US dollars. Today's early trading opened lower and directly swallowed up the overall rise of yesterday. Will gold continue to correct or turn around?
From the current decline, the range from the high point of 3500 to the current low point of 3315 is close to 200 US dollars. Considering this round of decline, it has exceeded the range of short-term correction. Therefore, traders should guard against the probability that the gold price will enter a turning point in the short term!
After the current decline is too large, the main area is to go sideways to correct the main force. The overall rebound will not be too large.
Main area: around 3380-3400
Defensive support below: double bottom around 3280
Operation suggestion: Do not carry orders, heavy positions, lock positions in sudden change cycles, and bring stop losses! "Specific operations are subject to actual trading"
Gold bulls are not strong enoughGold has begun to form an inverted V reversal pattern in the 1-hour moving average. If the 1-hour moving average of gold begins to turn, then gold may have a deep adjustment. If there is no strong risk-averse news for gold, then adjustments are inevitable. Gold is at least volatile in the short term. Don’t chase too much easily. Pay attention to the pressure near 3450.
Trading idea: short gold near 3446, stop loss 3456, target 3426
Interpretation of gold US market operation ideas! ! !Gold continued to be bullish in the morning, and the 3400 mark has been broken. How will it evolve next?
The US dollar index directly fell on Monday morning, and the US Y index fell by more than 8% this year, causing gold to rise in a variable. The rise in gold caused by this situation will be greatly adjusted due to the recovery of the US dollar! The key to winning or losing tonight lies between 20 and 22 o'clock.
If the US stock market opens, it will fall below the 98 mark due to the southward movement of the US dollar, creating a new low since April 2022! The market's trust in the US dollar as a global reserve currency has declined! The possibility of turning to other safe-haven assets has increased, thereby increasing the variable of gold rising.
If based on this logic, tonight's 20-23 o'clock cycle is the main winning or losing day of this week!
Hypothetical principle: If it is postponed to the north during the day, everyone should pay attention to the selling pressure near 3415. As the price changes, the selling pressure is more likely to occur! And the defense line will rise in each round of corrective retracement!
Short-term defense line: 3355-3370-3383-3392
Pressure level above: 3430-3458
Risk notice: 1. When everyone is paying attention, long positions may fall at any time, and the range will not be less than 50-80 points!
2. The decline of the US dollar index will lead to a collapse in futures, which will trigger a chain reaction. Traders will face the possibility of gold settlement to fill the gap in other markets!
Gold breaks out strongly and rises, is it an opportunity?The 1-hour moving average of gold continues to form a golden cross and is in a bullish arrangement. Gold rose directly at the opening, breaking through the short-term downward trend and directly breaking through the previous high of 3357. Therefore, the short-term 3357 of gold has formed support. If gold falls back to 3357, continue to buy on dips. However, it should be noted that if gold falls below 3357 again, the adjustment range of gold may increase.
Gold has been rising wildly under the stimulation of recent risk aversion. In this kind of emotional market, we can only follow the trend, because gold continues to hit new highs and no one knows where it will rise. However, don’t easily chase the highs. After the fluctuations increase, the magnitude of each correction will not be small.
Trading idea: Go long near gold 3357, stop loss 3347, target 3380
Just In: The Goldman Sachs Group, Inc. (GS) Set for Breakout The Goldman Sachs Group, Inc. (GS) shares is set for a breakout today as the firm smashes Q1 Estimates leading to a 2.45% surge in Monday's premarket trading.
Reports Overview
Goldman Sachs delivered a strong first-quarter performance, beating Wall Street expectations on both earnings and revenue, thanks to a record-setting quarter in equities trading. The bank posted earnings of $14.12 per share versus an expected $12.35, with revenue reaching $15.06 billion compared to forecasts of $14.81 billion.
Financial Performance
In 2024, The Goldman Sachs Group's revenue was $52.16 billion, an increase of 15.34% compared to the previous year's $45.23 billion. Earnings were $13.48 billion, an increase of 71.52%.
Analyst Forecast
According to 16 analysts, the average rating for GS stock is "Buy." The 12-month stock price forecast is $593.43, which is an increase of 20.02% from the latest price.
Technical Outlook
Prior our last analysis on NYSE:GS stock, the asset is already approaching the short term resistant point and a break above that pivot would cement the path for a bullish campaign for NYSE:GS shares . As hinted by the RSI at 43, NYSE:GS shares has more room to capitalize on the dip and pull on a bullish campaign today.
All eyes are set on the $520 level, should NYSE:GS shares break that pivot, a bullish breakout might be inevitable.
GOLD WEEKLY CHART MID/LONG RANGE ROUTE MAP UPDATEDWeekly GOLD Analysis: 24th February 2025
Hello Traders,
Here’s a weekly chart analysis of GOLD, offering an in-depth look at recent market trends and future outlook. Since October 2023, our consistent tracking has achieved 100% target accuracy, as shown by the Golden Circle markers on the charts. Let’s break down the highlights and what’s next.
Gold reached an all-time high of $2,954.80 last week. As previously noted, close attention to the movement of the 5-day Exponential Moving Average (EMA5) was advised. The anticipated Fair Value Gap (FVG) provided strong support at $2,850, with the EMA5 approaching the first take-profit (TP1) level at $2,877, leading to a bullish surge that touched the all-time high. However, the EMA5 has yet to cross and stabilize above $2,877.
This situation persists, with the EMA5 still not locked above $2,877, which is necessary for further bullish confirmation. If the EMA5 fails to cross and hold above this level, the price may reverse to test the GoldTurn level at $2,875 before potentially bouncing back upward.
The key level at $2,735 remains a critical zone. Active GoldTurn levels at $2,875 and $2,735 suggest that the price may revisit these areas before advancing to TP1 and beyond.
Recommendations & Strategy:
* Focus on EMA5: Watch its behavior around 2877 for key signals on short- and long-term trades.
* Support Levels: GoldTurn levels at 2875 and 2735 are vital for identifying reversal points and prime dip-buying opportunities.
* EMA5 detachment is still due on weekly chart.
For precise entry and exit points, check our daily, 12H, 4H, and 1H analyses for clearer market guidance.
We’ll continue to provide daily updates, insights, and strategies on our TradingView and YouTube channels every Sunday. Don’t forget to like, comment, and share to support our work and help others benefit!
The Quantum Trading Mastery