Gold continues to strengthen and fluctuates widely in the short Gold stabilized near the 200-period moving average at the beginning of this week, and the current upward trend is supported by the daily chart oscillator indicators. Both the daily RSI and MACD remain in the bullish range, with obvious momentum;
The upper target is concentrated in the 3167-3168 US dollar line, which is the historical high set at the beginning of this month; if it successfully breaks through this area, the gold price may enter a new upward channel.
In the short term, the support level below $3100 is concentrated in the 3065-3060 US dollar range, and a break below it will open a downward channel to $3000. The $3000 mark coincides with the 200-period moving average of the 4-hour chart, which is the key long-short dividing point;
If it falls below this point, it means that gold has entered the correction stage, and bulls need to remain vigilant; but the current fundamentals and market sentiment still strongly support the gold price to maintain high volatility.
Goldprediction
Gold----Buy around 3100, target 3135, 3160Gold market analysis:
The fundamentals are more inclined to buy in the past two days. The market is very crazy. When you operate, you must take a loss on each order. Don't bet on it in such a rare market in a decade, otherwise it will make you doubt your life. It is still a volatile market at the beginning of this week. We are still intercepting in the range. Yesterday, gold suddenly turned around in the morning session, and a new buying momentum began to rise. We decisively took profits from 3113 to 3130 in the Asian session. We should chase the unilateral market and wait for the volatile market. The unilateral performance of the US market from yesterday to this morning has been very obvious, and a new buying structure has started. Today, we need to follow it to buy after the retracement. There are too many days of uncertainty in the trade war, and following is the king. In addition, there are heavyweight CPI data in the evening.
Gold surged to around 3132 in the Asian session. The previous high point of the small top was around 3135. This is expected to fall back. Today's idea is to buy at a low price. Even if there is a fall in the Asian session, we will not consider selling. The small support is around 3100, and the strong support is around 3077. Consider continuing to buy in the Asian session. Above 3135 is a buying danger zone. Buying at this position must be a support position.
Support 3100 and 3077, pressure 3135, the strength and weakness watershed of the Asian session is 3100.
Fundamental analysis:
Tariffs are the biggest fundamental in the near future, and the market impact is relatively large. Today we focus on CPI data.
Operation suggestions:
Gold----Buy around 3100, target 3135, 3160
Gold: Buy setup brewing around 3045 – wait for confirmation!Hey traders! 👋
I’m eyeing a potential long opportunity on Gold in the 3030–3045 zone, but only with proper confirmation.
The shiny metal has broken and closed above Monday’s high with strong momentum, signaling short-term strength. However, considering the overall short-term bearish bias, I anticipate a pullback toward the 78.6% Fibonacci retracement level.
💡 Here's the plan:
🔸 Wait for price to dip into 3030–3045
🔸 Watch for bullish rejection candles or confirmation patterns
🔸 If confirmed, go long with targets at 3088 and 3123
🎯 This could be a great opportunity to catch the next leg up while still respecting short-term corrections.
If this setup adds value to your analysis, I’d truly appreciate your boost. Thanks for the continued support and happy trading! 💛📈
Gold Ideas ahead of CPI on April 10thCurrently, Gold is at 3082, with a mix of uncertainty ahead of tomorrow's CPI release. The market is in a wait-and-see mode as traders position ahead of the data, which could drive volatility. With the macro context in mind, we’ll be focusing on key support and resistance levels, aiming to capture price action based on SMC &more.
🔻 Sell Zone #1 – Intraday Fade
📍 Sell (confirmation only): 3,095 – 3,108
📉 SL: 3,110
🎯 TP1: 3,080
🎯 TP2: 3,060
🎯 TP3: 3,040
⚠️ Tip: Move SL to breakeven when TP1 hits fast
🔺 Sell Zone #2 – Double Tap and Dump
📍 Entry: 3,125 – 3,139 (Ideal: 3,135 – 3,139)
📉 SL: 3,145
🎯 TP1: 3,105
🎯 TP2: 3,080
🎯 TP3: 3,055
⚠️ Tip: Use only with clear rejection (M5/M15 M-pattern or bearish engulfing)
🟢 Buy Scenario 1 – “Reclaim Retest”
📍 Entry: 3,066 – 3,068.50
📉 SL: 3,062
🎯 TP1: 3,089
🎯 TP2: 3,113
🎯 TP3: 3,127
🧠 Trigger: M1/M5 CHoCH or Bullish Engulfing
📌 Confluence: M5 Order Block + Fair Value Gap (Discount Zone)
🟩 Buy Zone – Deep Value Pullback (Fresh Setup)
📍 Entry: 3,035 – 3,040
📉 SL: 3,025
🎯 TP1: 3,080
🎯 TP2: 3,095
🎯 TP3: 3,110
⚠️ Tip: Wait for strong bullish reaction (M5/M15)
📌 Important Notice!!!
The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your plan and wait for confirmation before taking action.
📣 If this strategy sparked clarity, hit that like button and follow. 💛
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 4H Bullish Reversal Setup from Demand Zone Target 3115Here’s the updated short analysis with the Key Point included:
---
This 4H XAU/USD chart shows a potential bullish setup forming after a sharp sell-off. Price has tapped into a higher time frame demand zone** (blue), indicating possible buyer interest.
The **Key Point level (around 3,048–3,050) marked in pink acted as previous support and now resistance. A break and hold above this zone could signal strong bullish momentum toward the target zone around 3,115–3,120 (green area).
The projected price path suggests possible consolidation or a sweep of lows before a rally toward the target. Buyers will likely be watching for signs of reversal and confirmation near the blue zone to go long.
Entry Zone: Around 3,010–3,020 (inside the blue demand zone)
🎯 Take-Profit Levels:
TP1: 3,048 — Just before the Key Point resistance zone, partials can be taken here in case of rejection.
TP2: 3,080 — Mid-range resistance before the main target, aligns with previous consolidation.
TP3 (Final Target): 3,115–3,120 — Main target zone marked on chart; strong supply area and potential reversal zone.
Gold price rally resumes?Market news:
In the early Asian session on Thursday (April 10), spot gold fluctuated in a narrow range and is currently trading at $3,085/ounce. International gold staged a "violent rise" on Wednesday, soaring more than 3% in a single day, the largest increase since March 2020, and approaching the $3,100 mark during the session. Behind this epic market is the Trump administration's decision to raise tariffs on Asian giants to 125% - the market panic index instantly exploded, and investors once frantically sold stocks and industrial commodities, pushing gold to the safe haven throne.The capriciousness of the US government's tariff plan has shaken the world, and investors are looking for direction and certainty. This generally supports gold. Although the 90-day tariff suspension order has caused the London gold price to fall slightly to $3,082, traders' fingers are still hanging on the buy button: the current gold price has soared by $400 from the beginning of the year, and is only one step away from the historical peak of $3,167 on April 3! All eyes are on Thursday's US CPI data - if inflation exceeds expectations again, the market's fear of the Fed's "longer and higher" interest rate will send gold prices to $3,200; if the data is weak, the expectation of an early rate cut will trigger more crazy safe-haven buying. In addition, it is necessary to pay attention to the changes in the number of initial jobless claims in the United States. Several Fed officials will speak on this trading day, and investors also need to pay attention.
Technical Review:
Market news influences everything, tariffs are escalated again, and gold rose sharply to 3099.4 in the late trading, close to the 3100 mark, and retreated sharply by more than $50 to 3048 before closing. The daily line turned from negative to strong positive and closed. The New York closing price on the daily chart once again stood on the MA10-day moving average, and the one-day trend was broken and the volatility was quite large. Be alert to the market's extreme volatility again, closing strong at a high level in the early morning. From the short-term trend, the bulls have the upper hand, showing an extremely obvious strong pattern. Therefore, the focus of the day needs to be on whether this rising trend can continue. After the correction during the day, participate in the low-price buying layout. If there is no correction during the day and the 3100 mark is broken first, pay attention to the opportunity to buy at a low price after the 3100 mark is broken.
Today's analysis:
At present, gold continues to rebound, and the previous view remains unchanged. The general trend is buying, but it is currently in the mid-term adjustment period. As emphasized earlier, after the previous sharp drop in gold, it is still necessary to continue to be bullish without directly changing the current strength. This is why I have been suggesting buying in the past two days. From a technical point of view, the rebound to 2956 at the beginning of the week ushered in a rebound, and the lows gradually moved up. On Wednesday, the daily line closed with a big positive line, so the previous 2956 position formed a bottoming performance, and the Bollinger closing became more and more obvious. The technical conditions for this wave of bottoming have been met, so there was a bullish outbreak in the US market on Wednesday. As long as the current gold market stands firmly at 3100, it can continue to look up to 3136 or even 3167 or higher. In the 4-hour chart of gold, we can see that the market has been advancing all the way, forming a head and shoulders bottom pattern at 2955 and 2970. In the short term, we will first see whether it can stand above 3100, and then see whether it can form a unilateral surge and reach a new high. Therefore, trading should still be mainly based on buying, waiting for the trend to rise. The support below can refer to the 3062 and 3035 positions of the US market retracement on Wednesday to continue to be bullish, and make effective buy orders above these positions respectively. If it breaks, wait for the next support position to continue buying. As long as these two positions are maintained, the short-term bullish trend will remain unchanged.
Operation ideas:
Buy short-term gold at 3062-3065, stop loss at 3053, target at 3090-3100;
Sell short-term gold at 3133-3136, stop loss at 3145, target at 3100-3080;
Key points:
First support level: 3073, second support level: 3062, third support level: 3050
First resistance level: 3100, second resistance level: 3116, third resistance level: 3136
Gold continues to rise and break through!Gold was driven by risk aversion news, and soared more than $100 in a single day yesterday, with a huge positive line on the daily line! At present, it has broken through the 3100 mark. It is difficult for gold to continue to be long and short. The next step is more of a big sweep!
At present, the 3100 mark will be the key to the next long and short positions. It is under pressure to continue to be bearish. The key 3055-50 area below is the long breakthrough point, which is also the support area for the two declines in the US market. Once it breaks down, it indicates that the rise started at 2970 yesterday has ended and returned to the short position.
If gold breaks upward and stands above the 3100 mark with the help of news, the long position will gradually rise to 3115-20 and 3135-40 (last Friday's high point) and even test the historical high of 3167 to build a daily double top!
Intraday operation:
The 3100 mark is used as a long-short boundary. If it breaks through, you can consider short-term long positions. After pulling up, refer to the above target position, which is also a resistance position, and arrange short positions again.
XAU/USD(20250410) Today's AnalysisMarket news:
Only 13 hours after it came into effect, Trump announced the suspension of the reciprocal tariff policy for most economies for 90 days for negotiations. Trump also said that he had been considering the suspension in the past few days. He now suspends the reciprocal measures because he feels that everyone has overreacted, and seems a bit panicked and a bit scared. He will consider exempting some American companies; the White House said that a 10% global tariff will still be imposed during the negotiations, and previously announced industry tariffs such as automobiles, steel and aluminum are not included in the suspension.
Technical analysis:
Today's buying and selling boundaries:
3050.81
Support and resistance levels:
3179
3131
3100
3001
2970
2922
Trading strategy:
If the price breaks through 3100, consider buying, the first target price is 3131
If the price breaks through 3050, consider selling, the first target price is 3001
GOLD - one n single resistance , holds or not??#GOLD.. perfect move as per our discussion and now we have one n single resistance area.
That is 3093-94
Keep close that area because that is our key level now and if market hold it in that case we can expect a drop below that..
Note: above 3093-94 we will go for CUT n reverse on confirmation.
Good luck
Trade wisely
Road to 3200Gold had a strong 4hr timeframe rejection from the 2960-2980 zone.
Also had a triple bottom in the same area.
Showing super strong signs of another bullish run.
Gold is making the strong move up to the 3140 area once 3100 is broke.
Should get a small rejection off the 3140 zone before a strong push up to a new all time high.
Next all time high goal is 3200 🚀
Short Notes:
•Run up to 3140 (Small rejection/load up zone)
•Then Load up zone 3110-3100
•Take Profit area 3200
As always, trade safe during these high volatility times and go crush it!💰
GOLD TO 4000$HELLO TRADERS
As i can see chart fib retracment to golden ratio is performed beautifully and now its time to load up ur bags for more bullish on gold as we can see Trump Trade War and geopolitical movements around the world is an great oppritunity for Gold bulls and investors always choose safe haven highly volotile markets in these days so trade carefully make a proper research befor taking any trade tomorrow CPI can mainpulate many retail tradres so always follow the levels each dip is an oppritunity Share ur thoughts with us on Gold chart
Stay tuned for more updates
Gold Hits Key Support – Reversal Ahead or More Fall?Gold ( OANDA:XAUUSD ) has entered a Correction phase after losing its ascending channel . Now, if you are in a Short position , this post will help you know where to take profit on your position or if you are looking for a Long position for gold , what area is suitable .
Gold is approaching an important Support zone($2,956-$2,917) that I don't think can be broken within a first attack . What do you think?
In terms of Elliott waves , Gold appears to be completing a bearish wave 5 , which appears to be able to complete at the Support zone($2,956-$2,917) .
I expect Gold to start rising again from the Support zone($2,956-$2,917) and to at least rise to $3,000 again and get close to the Resistance zone($3,058-$3,021) . It is likely to fall again after this move .
In your opinion, has Gold started a major correction, and to what price can this correction continue?
Note: If Gold can touch $2,890, we can expect further declines.
Note: Because the downward momentum is currently high, it is likely that wave 5 will also complete near $2,913, and we will see a fake break of the Support zone($2,956-$2,917).
Gold Analyze ( XAUUSD ), 4-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Gold bulls are in the driver's seat, beware of a pullback!Fundamental analysis:
A new round of tariff shocks has become a core factor affecting the trend of gold prices. "The rebound in gold reflects the market's growing concerns about tariff threats and the possible reshaping of global trade norms."
Technical interpretation:
The 4-hour chart shows that gold prices have now formed a clear upward channel, with support and resistance lines connecting lows and highs respectively. Recently, the price came near the MA200 moving average, and at the same time found buying near the key support level of $3015.00. From the MACD indicator, the DIFF line (0.41) and the DEA line (-8.65) have formed a golden cross, and the bar chart has turned red and the volume has increased, suggesting that upward momentum is accumulating. The RSI indicator is at the 60.47 level, close to but not yet in the overbought area, indicating that there is still room for upward movement. The CCI indicator is at 150.94. Although it is in the overbought area, the trend is strong and no obvious top divergence has yet to appear. It is worth noting that the recent price has not fallen below the lower track of the rising channel during the decline, indicating that bulls are still dominant.
Operational analysis:
The gold price is currently at a key technical position and has just retested the support level near MA55. If it can stand firm at this position, it is expected to retest the resistance level of $3090.00, and further breakthroughs may challenge the previous high of $3167.60. The short-term MACD golden cross signal strengthens the bullish expectations, but if the support of $3015.00 cannot be maintained, it may fall back to $2980.00. The lower track of the rising channel will be the key line of defense for the long-short boundary.
GOLD ROUTE MAP UPDATEHey Everyone,
Piptastic day on the markets today with our chart idea playing out, as analysed.
After failing to open the swing range yesterday, we stated that the retracement range will continue to provide support back into the Bullish Goldturn targets. The retracement range gave the bounce into 3015, 3034, 3055 just like we said.
The momentum was too strong to get the ema5 lock above 3055 to confirm 3078. However, the candle body close above 3055 gave the confirmation for the 3078 target, which was also hit completing this range
We will now look for a break above 3078 for a continuation above or a rejection here will see the lower Goldturns tested again for the bounces. The market is moving in bigger ranges so candle body close can also give earlier confirmations for the next Goldturn without ema5 lock.
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 - DONE
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
Technical analysis of short-term operations in the US market on 4,9 US trading operation interpretation ideas:
Today, there was a bottoming out and rebound. In the morning, it first went south and then north. It fell sharply to 2970 and then quickly counterattacked 3000 after entering the Asian session! I emphasized in the morning that the gold short may be coming to an end! It will enter a short-term sharp decline and then rebound! But the current trend is obvious that today's increase has exceeded expectations!
We must beware of the possibility of a V-reversal in the US market! Although the large-scale purchase of gold caused by the selling of US bonds is still difficult to confirm the long position in the US market!
The intraday increase is close to 90 points! There may be two emotions.
1: The market impact after the tariffs are implemented has not been eliminated
2: If the bullish trend continues in the US market, it may retreat to around 3045 in the future, and continue to be bullish later!
Short-term support: 3045---3030----3000
Pressure level: 3075---3080---3100---3135
Gold-----Sell near 3020-3060, target 3000-2969Gold market analysis:
We clearly said in our analysis yesterday that gold would rise and fall. The daily line shows that it can't go up much. We sold at 3008, 3015, 3014, and 3022 yesterday, and we made profits. Today's gold idea is to pay attention to whether it continues to swing. The daily line fell and then pulled up. The daily line hovered at the bottom. The oscillating market must find the oscillation range. Finding the rhythm is the most important thing. Yesterday, the daily line was a cross star again. Today's Asian session is expected to fluctuate. In addition, there are many fundamentals in the near future. The market has been led by the rhythm. Gold rose well before, and the sharp drop was also due to Trump's tariff policy. The global tariff war is inevitable in the future. It supports the US dollar in the long term and suppresses gold. The short-term top of the weekly line may be the long-term top.
Today's idea is to focus on the 2969-3022 range. We will look for meat in this range in the Asian session. In addition, the daily fluctuations make the indicators sluggish. If the Asian session rebounds first and approaches 3022, go short first. On the contrary, if gold breaks and stands above 3022, it will also fluctuate, but the center of gravity of the fluctuation will rise to the range of 3000-3055. The fluctuation requires patience to wait for the position, and waiting is also part of the transaction.
Support 2990, 2969, pressure 3022, the watershed of strength and weakness of the market is 3000.
Fundamental analysis:
The tariff war continues to affect the market, and the long and short positions have begun to compete. We will pay attention to CPI later.
Operational suggestions:
Gold-----Sell near 3020-3060, target 3000-2969
GOLD Down Strong Impulse IncomingPredicting Gold Down move from this area and will short it heavy id this start to happen.
Looks for positions above 3080.
Init Target 2880 and 2800.
setup invalidation at clean breaking above 3100.
Expecting this down move to be impulsive and strong.
Note: Not a Financial Advice.
Gold (XAU/USD) Bullish Breakout Trade Setup – Targeting 3,130Chart Analysis
Trend & Structure
CHoCH (Change of Character): Marked on the chart, indicating a potential trend reversal from bearish to bullish.
The price has broken above a descending trendline and is forming higher highs and higher lows, supporting a bullish bias.
EMAs
EMA 30 (red) and EMA 200 (blue):
EMA 30 has crossed above EMA 200, which is often considered a bullish signal.
The price is currently trading above both EMAs, reinforcing the upward momentum.
---
Trade Setup
Entry Zone
The purple highlighted area between ~3,026 and 3,035, acting as a potential demand zone (previous
4.9 Gold price trend after the Fed meetingIn the early European session, spot gold maintained its amazing intraday gains, and the current price is around $3046/oz, up $64 on the day.
Gold's latest technical trading analysis:
Gold's recent sharp decline from its all-time high has stalled near the 61.8% Fibonacci retracement level of the February-April rally. The support level is around the $2957-2956/oz area, or the multi-week low hit on Monday, followed by the 50-day moving average (currently around $2952/oz). If gold falls below the latter, it will be seen as a new trigger by bearish traders and drag gold to the next important support level around $2920/oz, and then all the way down to $2900/oz.
On the other hand, the momentum of gold breaking through the overnight high (around the $3023/oz area) could push gold prices to the $3055-3056/oz barrier. Some follow-up buying should pave the way for gold to return to the $3,100/oz mark, with some intermediate barriers around $3,075-3,080/oz.
Support: 3,030 3,018 3,000
Resistance: 3,045 3,068 3,080
We will update regularly every day to introduce how we manage active thinking and settings. Thank you for your likes, comments and attention. Thank you very much
Is the decade-long bull run in gold prices coming to an end?Market news:
In the early Asian session on Wednesday (April 9), spot gold maintained a narrow range of fluctuations and traded around $2,983. In the previous trading day, the rebound of London gold prices was blocked, and it once surged to $3,022 during the session, but it eventually gave up its gains and fell to around $2,969 in the early trading due to the rise in U.S. Treasury yields and the decline in U.S. stocks. Although the weakening of the U.S. dollar and trade tensions provide safe-haven support for international gold, market concerns about weak demand for U.S. Treasury auctions, the outlook for the Fed's policy and increased stock market volatility still dominate short-term sentiment.The current market focus is on the evolution of the Fed's policy path and the geopolitical trade situation. Under the interweaving of long and short factors, the short-term volatility of gold has risen significantly. As tensions between historical allies over U.S. tariffs, global trade, and the wars in Ukraine and the Middle East intensify, this time it seems unlikely that the major powers will quickly unite to resolve the issues that drive investors' interest in gold as a safe-haven tool. Investors need to focus on the results of the US 10-year Treasury auction today, the minutes of the Federal Reserve's March meeting, and the quarterly earnings period opened by JPMorgan Chase and other financial reports. If the demand for US Treasury auctions is weak or the Federal Reserve releases hawkish signals, gold prices may be further under pressure; on the contrary, the worsening of the trade war situation or the continued decline of US stocks may stimulate safe-haven buying.
Technical Review:
Technical gold daily chart, four-hour chart, hourly chart maintains a volatile downward short structure. The daily chart closed with a cross star yesterday. This pattern appears in the volatile downward structure and is regarded as a relay pattern rather than a reversal signal. At present, the daily chart MA10/7-day moving average opens downward at a high dead cross of 3060, and the MA5-day moving average opens downward and moves down to 3017, and the RSI indicator runs below the central axis 50 value. The price of the short-term four-hour chart is below the MA10-day moving average, and the price remains in the middle and lower track of the Bollinger Band channel. Gold remains volatile downward, and the trading idea remains unchanged, with rebound high and low as the main support, and low and long as the auxiliary. Resistance 2996/3008 far end 3020/3036, support 2968/2956 far end 2942/2930.
Today's analysis:
The long bull market of gold started in 2015 has been going on for nearly ten years. If the gold price falls by more than 20% from the high point, it may indicate a turning point in the cycle. We need to pay attention to the signal of the Fed's policy shift and the easing of the geopolitical situation. Even if we are optimistic about the bull market in the long term, it does not mean blindly chasing highs! Gold has been crazy for 3 trading days, and it began to stabilize slowly yesterday. After falling more than 200 US dollars in the daily cycle for 3 trading days, it needs a process of shock correction. At the same time, we need to pay attention to the development of tariffs. Yesterday, I emphasized the focus on the long-short dividing point of 3030 US dollars for gold. As the key position for the top and bottom conversion, before this position is broken, continue to sell gold at a high price. Yesterday, the circle of friends in the European session also suggested selling gold in the rebound area of 3020, because the loss of 3100 US dollars in the early stage has laid the groundwork for short-term adjustments. In addition, due to the impact of trade frictions, market sentiment is overly tense, and a large amount of funds have begun to withdraw from finance, including gold, which has been sold indiscriminately. After the gold price fell below the $3,000 mark, the market selling sentiment was high, and it was believed that gold would enter a large-scale adjustment! The recent market fluctuations have been very large, which is also in line with the properties of the gold product mentioned. When all assets are sold, the currency's safe-haven properties are highlighted. The sharp drop is accompanied by a fierce rebound, and the amplitude is not small. This was the case last Thursday, Friday and today. The current market starts with a fluctuation of tens of dollars. There are opportunities but also great risks. This will be the norm if panic does not subside. What retail investors can do is to decide what they can decide and do a good job of risk control. The current market is defined as a volatile market, which is a position operation. Today, the resistance of gold focuses on selling in the pressure area of 3020-3040.
Operation ideas:
Short-term gold 2953-2956 sell, stop loss 2945, target 2990-3000;
Short-term gold 3020-3030 short, stop loss 3050, target 2980-3000;
Key points:
First support level: 2968, second support level: 2956, third support level: 2942
First resistance level: 2996, second resistance level: 3005, third resistance level: 3020
XAU/USD(20250409) Today's AnalysisMarket news:
The U.S. Customs and Border Protection Agency reiterated that the specific tax rates for each country will be announced at 12:01 a.m. on April 9.
Technical analysis:
Today's buying and selling boundaries:
2993
Support and resistance levels:
3040
3022
3011
2974
2963
2945
Trading strategy:
If the price breaks through 2993, consider buying, the first target price is 3011
If the price breaks through 2974, consider selling, the first target price is 2963