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Goldprediction

4.8 Technical analysis of short-term gold operations!Spot gold rebounded slightly during the Asian session on Tuesday (April 8), once rising above the 3,000 mark, and is currently trading around $2,995.51 per ounce. Spot gold may rebound to $3,049 per ounce, as the price has previously completed a five-wave cycle starting from $3,168. Analysts pointed out that the peak of wave d is around $3,049, which can be used as a rebound target. It is still difficult to judge whether this cycle is an impulse wave cycle or a correction wave cycle. If it is an impulse wave cycle, it means that the downward trend will extend to well below $2,950. The correction wave cycle shows that despite the sharp drop from $3,168, the upward trend from $2,831 remains intact. The information shown on the daily chart is very clear. The sharp drop in the past few days seems to be driven by wave (4), which may end near the strong support level of $2,970. The next wave (5) will push the upward trend above $3167. Resistance level: 3015----3038-----3050 Pressure level: 3000---29833-----2970
TVC:GOLD
by AIan_Gold
XAU/USD) Bearish analysis Read The ChaptianSMC Trading point update This chart analysis of Gold (XAU/USD) on the 2-hour timeframe appears to be a bearish setup based on Smart Money Concepts (SMC). Here's a breakdown Key Elements: 1. Price Channel Break & CHoCH: The price was in a rising channel. A clear Change of Character (CHoCH) occurred after the price broke below the structure, signaling a shift from bullish to bearish. 2. Fair Value Gap (FVG): There's a bearish Fair Value Gap (FVG) highlighted in the yellow box around the 3,047–3,075 level. The expectation is that price may retrace into this FVG before continuing downward. Mr SMC Trading point 3. Target Zone: A major demand zone or target point is marked around 2,940, indicating a potential bearish move of around -148 points (~4.8%) from the FVG. 4. EMA & RSI: 200 EMA is around 3,047, acting as dynamic resistance now. RSI is below 40 and trending down, showing bearish momentum with slight bullish divergence, hinting at a short retracement before another drop. --- Summary of the Idea: Bias: Bearish Trade Plan: Wait for price to retrace into the FVG zone (~3,047–3,075). Look for bearish confirmation (like bearish engulfing or rejections). Enter short with a target at 2,940, stop above FVG. Let me know if you’d like help formulating a trade setup or risk management plan based on this. Pales support boost 🚀 analysis follow)
CAPITALCOM:GOLDShort
by SMC-Trading-Point
Gold (XAU/USD) Bearish Reversal Setup – April 8, 2025Gold is expected to reverse from the resistance zone near $3013. A sell trade is triggered at 3013, indicating a potential downward movement. The chart highlights multiple target levels as the price is likely to decline. Trade Setup: 🔽 Sell Entry: 3013 🎯 Target 1: 3009 🎯 Target 2: 3005 🎯 Target 3: 3000 🛑 Stop Loss: 3020 Bias: Bearish Timeframe: 15-Minute (M15) The strong rejection from the resistance zone and the highlighted red area suggest selling pressure. A downward move is anticipated, as marked by the blue arrow.
OANDA:XAUUSDShort
by ChartingMarketInsights
Gold's decline is not over yet, go short on the rebound!The gold 1-hour moving average continues to cross the downward short arrangement, the momentum of gold shorts is still there, and gold rebounds and continues to short. Of course, gold has been falling sharply in the past few days, and the market may gradually begin to recover. You must wait patiently for opportunities to rebound, and do not chase short positions easily. Trading ideas: short gold near 3017, stop loss 3027, target 2090 The above is purely a sharing of personal opinions and does not constitute trading advice. Investments are risky and you are responsible for your profits and losses.
TVC:GOLDShort
by Fortune-signal
Gold price plummets by $100!Market news: In the early Asian session on Tuesday (April 8), spot gold fluctuated widely and is currently trading around $2,995/ounce. Gold prices fell nearly 2% on Monday, falling for three consecutive trading days. The lowest intraday price hit $2,956/ounce, a drop of nearly $100. London gold bulls suffered a bloodbath. After the United States' comprehensive tariffs triggered concerns about a global economic recession, investors turned to the US dollar as a safe haven. However, given the grim economic situation, there is still a certain amount of bargain hunting to support international gold prices.Trump refuted rumors of a 90-day suspension of tariffs, pushing the US dollar index to rebound. When the US dollar appreciates, gold becomes expensive for buyers holding foreign currencies. Amid market turmoil, investors turned to cash and safe haven assets such as the Swiss franc and the yen, which raised the risk of a deeper correction in gold prices. It should be reminded that although Federal Reserve Chairman Powell did not say that the Fed was eager to resume rate cuts, federal funds rate futures traders increased their bets on the number of rate cuts the Fed will make this year. This week’s U.S. economic focus will be the March consumer price and producer price reports, which will be released on Thursday and Friday, respectively. Data from last Friday showed that employers added more jobs than expected last month, but the unemployment rate also rose! Technical Review: The gold daily line structure continued to fluctuate downward, the moving average opened downward, and the RSI indicator ran below the middle axis. The rise was not continuous, and the tariff impact remained. Yesterday, the market reported a 90-day tariff suspension. It can be seen that U.S. stocks, crude oil, gold and silver all rose rapidly, and then it was confirmed to be false news, and then fell back quickly. It can be seen that as long as the impact of the tariff news does not change, all assets will continue to sell. The market is currently in a two-way power game between the selling of risky assets and the rising demand for risk aversion. Although gold is a safe-haven asset, it is also facing the pressure of liquidity withdrawal. In the context of the unclear Fed policy and the continued escalation of global trade concerns, the price of gold may continue to maintain a volatile pattern, and the main idea is to sell at a high price! However, the current fluctuation is too fast and the amplitude is too large, so short-term operations may not be easy to start, but the direction is still the most important, followed by the position, which means that gold will fall sharply. Gold hit 2956 and then bottomed out and rebounded, but the recent market is actually volatile. Because the fluctuation is relatively large, it is reasonable to have a larger amplitude, but it increases the difficulty of operation. Gold fell back after rising again, and now it is caught in a large range of fluctuations, but the overall trend is still selling. Today's analysis: Yesterday's early trading had a new low, and another new low in the evening. In such a market environment, new lows continue to appear. This is a weak market, and this is a selling market. When the 3000 point fell below, the faith of many investors collapsed. They wanted to stand firm at the 3000 mark, but it broke at this moment, which means that the current downward trend has not ended yet, and continue to sell along with the trend. The 1-hour moving average of gold continues to cross downward and sell, and the selling force has not weakened; the rebound is still short. Although gold rushed higher after filling the gap in 1 hour, the upper shadow line came down quickly. The overall trend is still weak, and the short-term pressure is around 3030! Today's rebound is under pressure at the resistance of 3030, and it is still possible to continue selling. The market is changing rapidly. Although gold seems to have rebounded strongly, it eventually rushed up and fell back. Gold is still the main place for selling, but now it is more volatile. Pay attention to patiently wait for the rebound, and the volatility should not be underestimated. However, the idea is to continue to sell at a high price. Operation ideas: Short-term gold 2975-2978 buy, stop loss 2966, target 3010-3020; Short-term gold 3030-3033 sell, stop loss 3042, target 2990-2980; Key points: First support level: 2978, second support level: 2963, third support level: 2955 First resistance level: 3000, second resistance level: 3013, third resistance level: 3030
OANDA:XAUUSDShort
by BraveTigercat
4.8 Interpretation of gold short-term operation ideasGold price has fallen below the previous row support band in the daily trend. The K-line continues to be under pressure from the short-term moving average and maintains a weaker trend of shock. In the short term, pay attention to the pressure band around 3030. In the 4-hour level trend, the K-line is currently under pressure from the short-term moving average and is maintaining a low-level shock repair. The strength and continuation of the intraday rebound are not too large. Pay attention to the continued downward trend after a small break in the 4-hour level trend. At present, after continuous shocks in the small-level cycle trend, the technical pattern has begun to gradually adjust. The K-line has begun to slowly stand on the short-term moving average and tends to have a certain rebound space in the short-term trend. Pay attention to the short-term adjustment. Operational suggestions: Short near 3017-8, stop loss 3023.9, or long near 2945-6, stop loss 2939.1. Real-time market intraday guidance. We will update regularly every day to introduce to you how we manage active ideas and settings. Thank you for your likes, comments and attention. Thank you very much
TVC:GOLDShort
by AIan_Gold
1
Gold (XAU/USD) Intraday Buy Setup – Demand Zone Reversal with 3.Timeframe: Appears to be intraday (possibly 5-15 minutes). Indicators: EMA 30 (red): Showing recent bearish momentum. EMA 200 (blue): Positioned above, indicating a longer-term bearish trend. Candlestick Pattern: After a steep drop, price shows signs of consolidation and potential reversal. 📌 Trade Setup (Long/Bullish Bias) Entry Zone: Around $2,963.2 Price is expected to pull back into this purple demand zone before moving up. Stop Loss (SL): $2,956.1 Placed below the support zone to limit downside risk. Take Profit (TP / Target Point): $2,988.2 A previous supply zone near the EMA 30, where selling pressure could return. 📊 Risk-Reward Ratio Risk: $2,963.2 - $2,956.1 = $7.1 Reward: $2,988.2 - $2,963.2 = $25 RRR (Reward-to-Risk Ratio): ~3.5:1 This is a solid ratio, suggesting a high-potential trade if the setup plays out. 📈 Bullish Scenario Price pulls back into the demand zone (entry). A bullish candlestick confirmation or wick rejection could trigger a buy. Target is the previous structure + EMA zone.
WHSELFINVEST:GOLDLong
by EA_GOLD_MAN_COPY_TRADE
1
#xauusd #Gold (April8)Levels where price reactions are most likely to occur during the day. Naturally, at each level, you can have buy and sell positions and you can freely use the levels for a new order or for TP of your postions. The levels are updated daily! The results of price reaction to these levels will be shown in the upcoming videos. You should note that the levels are based on price action knowledge, and no indicators are used to determine these levels. Therefore, the reaction ranges could occur a few pips above or below the levels marked on the charts!
PEPPERSTONE:XAUUSD
by chartwikii
Buy gold, expect a rebound to 3000Gold just fell to 2958, but quickly rebounded to above 2965. The short-term support of 2965-2960 was not effectively broken. Gold quickly recovered above the short-term support, proving that bulls still have room to fight back. I expect gold to at least rebound and test the 3000 position again, so in short-term trading, we should not be too bearish on gold. I actually reminded everyone in the last article update that we can buy gold when gold falls. In this extremely fierce market, with a cautious trading mentality, I actually do not expect too much about the rebound space of the bulls. Once gold touches around 3000, I will leave the market safely and lock in profits! The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
OANDA:XAUUSDLong
by Trader_Marvin
Result: Gold(April 7)The price has moved about 690 pips relative to the specified levels. The strategy a trader uses to enter the market and how much of this profit they’ve secured varies among traders. If you’ve got even half of this movement as profit, that’s excellent! :) You should note that the levels are based on price action knowledge, and no indicators are used to determine these levels. Therefore, the reaction ranges could occur a few pips above or below the levels marked on the charts!
PEPPERSTONE:XAUUSD
by chartwikii
Gold's 4-hour range has been broken, waiting for further declineTechnical analysis of gold: Gold continued to fall in the US market, and the price continued to return to the low point of the Asian market. The rise was not continuous, and the impact of tariffs remained. The market reported that the tariffs would be suspended for 90 days. It can be seen that US stocks, crude oil, gold and silver all rose rapidly, and then it was confirmed to be false news, and then fell back quickly. It can be seen that as long as the impact of the tariff news does not change, all assets will continue to be sold. However, the current fluctuations are too fast and the amplitude is too large. Short-term operations may not be easy to start, but the direction is still the most important, followed by the position. In other words, gold will continue to fall sharply. Gold continued to rebound at the opening today. The rebound amplitude actually exceeded our expectations, but the recent market is actually volatile. Because the fluctuations are relatively large, it is reasonable to have a larger amplitude, but it increases the difficulty of operation. Gold fell back after rising again, and now it is caught in a large range of fluctuations, but the overall trend is still bearish. The US market rebound is still bearish. Gold's 1-hour moving average continues to cross the downward short divergence, and the short force has not weakened; the rebound is still short. Although gold rushed up after filling the gap in 1 hour, the upper shadow line quickly came down. The overall situation is still weak. It is under pressure near 3050 in the short term. The US rebound is under pressure at 3012 resistance, so it can continue to be short. The market is changing rapidly. Although gold seems to rebound strongly, it will eventually rush up and fall back. Gold is still the home of the shorts. However, it is now volatile. Pay attention to patiently wait for the rebound, and the volatility should not be underestimated. However, the thinking is still to maintain a high-altitude thinking. On the whole, the short-term operation of gold today is recommended to be short-selling on rebounds and long-selling on callbacks. The short-term focus on the upper side is 3012-3015 resistance, and the short-term focus on the lower side is 2950-2956 support. 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. Gold operation strategy reference: Short order strategy: short gold rebound near 3012-3015, stop loss 10 points, target near 2980-2970, break to see 2956 Long order strategy: long gold callback near 2953-2956, stop loss 10 points, target near 2970-2980, break to see 3000
OANDA:XAUUSDShort
by TP_Daniel1
xauusd analysisGold prices experienced a sharp decline today, dropping to a three-and-a-half-week low. The move was driven by a combination of global macroeconomic concerns, investor behavior, and technical market dynamics. 🔍 Key Reasons Behind the Drop: Global Trade Tensions Intensify A major escalation in the U.S.-China trade war rattled markets. The U.S. announced new tariffs, and China retaliated with export restrictions on rare earth elements. This sparked broad risk-off sentiment across global markets. Panic-Led Liquidation Despite being a traditional safe haven, gold was sold off as investors rushed to cover losses in other risk assets. This often happens during periods of extreme volatility when liquidity becomes a priority. Hawkish Fed Comments Fed Chair Jerome Powell made comments suggesting the central bank might delay rate cuts due to persistent inflation and trade uncertainties. This caused the U.S. dollar to strengthen, which typically puts pressure on gold prices. 📈 Technical Analysis: Current Price: Around $2,962 Support Levels: First support around $2,950 Stronger support near $2,930 Resistance Levels: Immediate resistance at $2,970 (Target 1 in your chart) Further resistance near $3,000 (Target 2) Trend & Indicators: RSI is approaching oversold, indicating a potential bounce. The short-term trend remains bearish, with a series of lower highs and lower lows. Volume spiked during the sell-off, showing strong momentum behind the move. 🧠 What to Watch Going Forward: Any new trade developments between major economies. Fed’s stance on inflation and interest rates. Gold’s behavior around key support zones – bounce or breakdown?
OANDA:XAUUSD
by xxChartWhizxx
XAUUSD Weekly Swing Trade Setup (Targeting New Highs) Entry 2990 Last week's price action in XAUUSD was dramatic. Initial surges, driven by tariff announcements, propelled the pair to record highs. However, this was followed by a significant correction, leaving the market in a state of uncertainty as we enter the new week. Considering the current market context (tariff implications, upcoming US economic data, central bank commentary) and the potential for continued volatility, this swing trade idea is indeed ambitious. The Core Strategy: We are anticipating a further decline in XAUUSD to a major support level. The key to this trade will be observing a strong rejection at this support, indicating renewed buying pressure. The ultimate goal is to capitalize on this potential rebound and ride the momentum towards making new all-time highs. Key Considerations for the Coming Week: Identify the Major Support Level: Pinpointing this level is crucial. It could be a significant previous swing low, a key Fibonacci retracement level, or a strong psychological barrier. Careful technical analysis is required to determine the most probable zone. Confirmation of Rejection: We will be looking for clear bullish price action at the identified support. This could include bullish candlestick patterns (e.g., engulfing bar, pin bar), positive divergence on momentum indicators, or a break of a short-term downtrend line. Risk Management: Given the ambition of targeting new all-time highs after a significant correction, robust risk management is paramount. This includes setting a well-defined stop-loss order below the identified support level to protect capital in case the rejection doesn't materialize. Position sizing should also be carefully considered. Potential Catalysts: Be aware of the upcoming economic data and central bank commentary, as these events could significantly impact price action and either support or invalidate this trade idea. Patience is Key: This is a swing trade, and the anticipated move may take time to develop. Avoid premature entry and wait for clear confirmation of the rejection at the support level. In essence, this is a contrarian swing trade based on the expectation that the underlying bullish drivers for gold will reassert themselves after the recent correction. We are aiming to buy low at a significant support level with the high-conviction target of reaching new all-time highs. Disclaimer: This is a potential trade setup idea and not financial advice. Trading Forex involves significant risk, and you could lose your capital. Conduct thorough research and analysis before making any trading decisions.
OANDA:XAUUSD
by F0rexBorex
1
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
OANDA:XAUUSD
by Pipsview_Analysis
GOLD (XAUUSD) 30-Min Chart Analysis – Key Reversal & Breakout Zo200 EMA (blue): 3085.72 (bearish as price is below it) 30 EMA (red): 3033.52 Current Price: 3034.10 🟪 Key Zones (Highlighted in Purple) Resistance Zone: Around 3045.54–3065.70 Support Zone: Around 2968.27 Previous High Zone / Target Area: 3158.42 📉 Short Trade Setup (Blue Arrow Going Down) Entry Area: If price rejects the resistance zone around 3045–3065 Stop Loss: Above the zone, around 3065.70 Take Profit: At the support zone, 2968.27 Risk-to-Reward: Approx. 2.4x (shown as -2.43%) 📈 Long Trade Setup (Blue Arrow Going Up) Entry Area: If price breaks and holds above the 3065.70 zone Stop Loss: Below 3045.54 zone Take Profit: 3158.42 (previous resistance) Risk-to-Reward: Approx. 3.0x (shown as 3.00%) 💡 Analysis Summary Price is currently ranging just below the resistance zone. Two possible scenarios: Rejection from the zone → short entry. Breakout above zone → long opportunity. Use EMA alignment for confirmation: Bearish if price stays below both EMAs. Bullish if price breaks above 200 EMA (3085.72).
CAPITALCOM:GOLD
by EA_GOLD_MAN_COPY_TRADE
4.8 Gold Bollinger Bands bearish signal appearsRecently, the spot gold price once fell below the psychological barrier of $3,000, triggering technical concerns in the market about whether the gold bull market has reached its peak. On Monday (April 7) in the North American session, spot gold is currently trying to recover to around $3,030, but the technical indicators have shown obvious divergence. Fundamental analysis The market's concerns about US inflation continue to ferment, and the intensification of global trade frictions is driving the market's concerns about economic stagflation. The Fed's policy stance has also undergone subtle changes. The market has begun to price in five possible interest rate cuts this year. The CME FedWatch tool shows that the probability of the Fed's interest rate cut in May has soared from 33.3% last Friday to 49.3%. At present, traders are turning their attention to the US inflation data to be released this week, which will provide important clues for assessing the US economic situation. Technical analysts' interpretation: Bollinger band breakthrough signal indicates a short-term correction On the daily chart, gold prices have formed a clear upward channel since mid-March, but recently touched the upper track of the Bollinger band and began to fall. It is worth noting that the middle track of the Bollinger Band 3006.13 has become a key support level. After breaking through the historical high of 3167.60, the price has shown a typical upward exhaustion pattern. The MACD indicator shows DIFF: 43.46, DEA: 48.65, MACD: -10.39, and the green kinetic energy column has begun to expand, indicating that the short-term downward momentum is accumulating. RSI indicator shows overbought correction The 120-minute chart shows that the RSI indicator has fallen from the overbought area to a neutral level of 40.37. At the same time, the CCI indicator has dropped to -45.05, further confirming the trend of short-term overbought correction. Key support and resistance level analysis The current gold price faces multiple technical resistances, among which 3055.00 and 3085.00 constitute the main resistance range for short-term rebound. The lower support levels are mainly concentrated at $3005.00 and $2971.31, and these two levels will determine whether the gold price can remain above the psychological level of $3,000. In particular, the $2971.31 level, as a recent low, may trigger a deeper adjustment if it is lost. From the long-term daily chart, gold prices formed an accelerated upward channel after breaking through $2950.00. The recent high of $3167.60 is just at the upper track of the channel. This trend of peaking and falling is in line with the classic channel trading theory. Outlook Bull Outlook: If the US inflation data exceeds expectations, the market's expectations for a more aggressive rate cut by the Federal Reserve will be further strengthened, and gold prices are expected to re-challenge the high of $3167.60 after a correction. Technically, gold prices need to return to above $3055.00 to reactivate upward momentum. The widening of the Bollinger Band width indicates that volatility is increasing, which provides potential trading opportunities for bulls. Bear Outlook: In the short term, the downward divergence of the upper track of the Bollinger Band indicates that gold prices may face further corrections. The MACD histogram turned green and continued to expand, suggesting that downward momentum is accumulating. If the gold price falls below the key support of $2,971.31, it may trigger a deeper adjustment, and the next target will be $2,950.00 or even $2,920.00.
TVC:GOLDShort
by AIan_Gold
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
OANDA:XAUUSD
by Goldviewfx
10
Gold rebounded sharply. Will gold climb again?Gold trend analysis: There are many points worth interpreting in the intraday market. Let's review and replay: Today, the market bottomed out and rebounded in the morning. Did you chase the short position after the opening fell sharply? The 2980 first-line support was tested many times without breaking, which is a move to lure shorts, waiting for you to get trapped. What was the result? Did it rebound at the 2980 first-line support? From the low point of 2972 ​​to the high point of 3054, the hourly single-yang rebound amplitude reached 82 US dollars, which did not give you a chance to escape at all. The position of 3054 is in line with the 3050-3060 regional pressure we mentioned at the weekend. It is a top-bottom conversion position. The low point of last Thursday broke the support and turned into pressure on Friday. Today, it must be shorted anyway. Of course, there is also a false move here at 3054. The first time it touched the pressure and fell to 3036, and then it attacked again to test 3054 again. Did you chase the long position? Once you chase it, you're done. Then it fell to 3017, and the drop of 37 US dollars directly wiped out your extra money. So, if you say whether technical analysis is useful or not, it is definitely useful. Of course, there are times when it fails, such as the straight-line decline of the whole process like last Thursday and Friday. Any analysis is meaningless, but this is a minority after all. The technical reliability of returning to normal trend is still trustworthy. Gold technical analysis: Today is the third consecutive day of decline. From a technical point of view, such a continuous sharp decline generally lasts for about 3 days, and no more than 4 days at most, and it will turn positive. Therefore, the decline of gold today has slowed down significantly. The intraday rebound is under pressure at 3054 and it is sideways. The European session is volatile and ready to guard against a high and fall at night. Focus on the break of the 3054 line of pressure. If it breaks through the intraday low of 3013 at night, then look at the second drop to the low of 2980-2972, and pay attention to whether a double bottom support structure can be formed here.
OANDA:XAUUSDShort
by TP_Daniel1
XAUUSD Daily Plan – April 7 | Sniper EntriesNo guessing. No chasing. Just structure, logic, and precision entries. Based on current structure from H4 down to M15, price is hovering above a major reaction zone, and both bulls and bears have valid reasons to get involved — only if the zone speaks. Let’s map the battlefield 👇 🔹 Market Snapshot: After the perfect sniper short from 3135, price printed a series of LHs and lower closes. Now reacting from the 3015–3020 demand/FVG zone, respecting both internal structure and a long-term trendline. RSI recovering from oversold on M15/H1. Volatility likely as we approach NFP aftermath flow. 🟩 BUY SCENARIO 1 – “The Bounce from the Base” 📍 Entry: 3020–3015 🧠 Why: Bullish M15 FVG, trendline support, RSI reversal 🎯 TP1: 3086 🎯 TP2: 3130 🛑 SL: 3008 (below swing low + OB invalidation) 💬 Classic sniper entry on bullish reaction + CHoCH on M5 🟩 BUY SCENARIO 2 – “Deeper Tap, Higher Reward” 📍 Entry: 2975–2965 🧠 Why: Untouched M30 OB + imbalance zone + D1 demand 🎯 TP1: 3050 🎯 TP2: 3086 🛑 SL: 2958 (below OB + psychological 2960) ⚠️ Only take if 3010 breaks clean and flushes into this area 🔻 SELL SCENARIO 1 – “Short the Retest” 📍 Entry: 3107–3115 🧠 Why: M15 OB + unmitigated FVG + CHoCH after LH 🎯 TP1: 3030 🎯 TP2: 3010 🛑 SL: 3119 (above OB + intraday wick space) 💬 Look for M1–M5 confirmation & bearish PA 🔻 SELL SCENARIO 2 – “The Premium Re-Entry” 📍 Entry: 3135–3142 🧠 Why: Strong OB zone, premium liquidity grab, equal highs 🎯 TP1: 3086 🎯 TP2: 3020 🛑 SL: 3148 (above liquidity + invalidation of OB) 🧠 Still valid if price rallies fast — best with RSI divergence 🧭 Key Levels Recap 3142 – Upper premium OB 3115 – Intraday LH rejection 3020 – Bullish FVG + trendline 2965 – Deeper demand zone 2958 / 3148 – Final SL protection areas 💬 Let’s Grow together If this sniper plan helps refine your view: ✅ Like if it aligns with your bias 🔔 Follow for clean, daily smart money plans 💬 Drop a comment with your scenario or questions We're here to build consistency — one precise setup at a time. 🎯 Stay sharp, stay kind! 💛
OANDA:XAUUSD
by GoldFxMinds
1
gold The plunge exceeded 100 points，The bearish trend is crazy!This week brings new trading opportunities, as well as new market opportunities. Nowadays, the market fluctuates greatly every day. Being a short-term trade means high frequency, fast in and fast out. As long as you do these well, you can make money in short-term trading. Don't be greedy for more. The most important thing in trading is stability. Going fast is not as good as going steadily. Do a good job in daily trading. If you can get two or three waves of profits, it will be enough for you. If you do not have the ability to flexibly respond to the market during trading, and are not good at adjusting your trading thinking and rhythm to the market rhythm in a timely manner, you can contact me and let us pursue more profits flexibly and stably in the volatile market! The K-line of the Golden Week closed at a medium-sized Yin high with a long upper shadow. forming a top heavy-volume adjustment in the short term. The daily negative adjustment engulfed the previous rising space. In terms of form, there is still room for adjustment this week, which can be continued to 2972 and 2956, while the top touches 3168 to explore the high and fall back pattern. , there is a high probability of forming a short-term high, but whether the trend will change needs to be further observed. Beware of weekly negative singles without consecutive negatives. The short-term pressure remains at 3058 and 3076. It will bottom out at the opening and rebound. First look at the strength of the rebound. At the top, focus on the pressure of 3055 first, and then look at 3076 if it breaks. Do not blindly chase shorts. Don't blindly chase the short position. Operation suggestion: Gold is short near 3070-75, stop loss at 3080, and look at 3055 and 3020; if it is weak, pay attention to the 3055 pressure to short!
OANDA:XAUUSDShort
by TP_Daniel1