Mr. President repeatedly wavered, new trend?Last Friday, Trump threatened to escalate the trade war again, suggesting that a 50% tariff be imposed on the EU from June 1. The US dollar index continued to decline during the day, falling to a low of around 99. Due to increased risk aversion demand, spot gold once rose by more than 2%, reaching a daily high of $3,365. At the opening of this Monday, Trump issued a statement to postpone the imposition of tariffs on the EU, extending the deadline for the EU to face 50% tariffs to July 9. Gold was also affected, and it has continued to rectify its downward trend this week. Yesterday, the lowest point was near 3285.
From the current daily chart, the trend support line here on the daily chart has been broken. So it is very likely that there will be a short-term correction trend on the daily line next. Once the lower 3250-3260 is broken, it will directly test the lower trend line of the daily line at 3160-3170.
From the 4-hour chart:
We can reverse the market. If we take the previous daily low of 3160 as the target, we can see that 3285 is exactly where it stopped and stabilized yesterday. So, it is normal for 3285 to rebound and consolidate. We can also see that the range of the 4-hour chart has been broken, so 3285 may fall directly and break through next. Then the next position to pay attention to is 3260-50. If it falls below this range, we can directly see the trend line support position of 3160-70 in this round of daily lines.
Trading is risky, and I hope my analysis can help traders reduce the risk of trading.
Goldpriceaction
Gold 3315 gains and losses are the key
📌 Driving events
From the news perspective, data released by the U.S. Department of Commerce on Tuesday showed that U.S. durable goods orders in April plunged 6.3% month-on-month, with an expected value of -7.8% and a previous value revised from 9.20% to 7.50%. Volatile commercial aircraft orders plunged 51.5% in April after rising in March. Boeing said it received only eight aircraft orders in April, the lowest since May 2024, far lower than the 192 orders in March, the highest since 2023. Affected by the sharp drop in commercial aircraft orders, U.S. durable goods orders fell more than expected in April, with core capital goods orders (excluding aircraft and military hardware) falling 1.3%, the biggest drop since October last year. Under the influence of uncertainty in tariffs and tax policies, corporate investment willingness is weakening.
Through the data, it is not difficult to find that American companies have shown obvious caution in assessing the demand outlook and have shifted their focus to cost reduction, which directly reflects the impact of uncertainty brought about by Trump's trade policy. At the same time, the tax legislation being debated in Congress has also put companies on the sidelines, further suppressing the impulse to invest.
📊Comment Analysis
After the pullback on Monday this week, the decline accelerated on Tuesday, and the continuous decline came back, changing the strong upward trend of last week
💰Strategy Package
In terms of operation, in the short term, long and short operations can be carried out in the range of 3315-3297 US dollars, and the support position of 3285/80 should be paid attention to below; medium and long-term investors can buy on dips and take advantage of geopolitical risks and the trend of weak US dollars to gradually establish long positions.
⭐️ 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
Will the gold market usher in a new trend?The Trump administration postponed the imposition of a 50% tariff on the European Union and extended the implementation date to July 9. This unexpected decision became the fuse for the violent market fluctuations. The European Union responded positively, and the US-EU trade negotiations ushered in a buffer period, but the global market has been affected, and the gold market has fallen into a dilemma of long and short interweaving.
On Tuesday, the overall gold price showed a downward trend. The price rose to $3,349.85 on the day, and the lowest price reached $3,285.21, closing at $3,300.4. After the opening of the US market, the price fluctuated upward in the short term, and the price ended in a big negative on the day. It is not suitable to be bearish at present before the price falls below the daily support.
From the daily level, the current daily level support is around $3,275, and the price may fluctuate upward above this position. At the same time, from the four-hour level, yesterday's price fell below the four-hour support of $3,320, and then continued to fall below the important support position of $3,300 on the daily line; and the short-term pressure is relatively large, so it is necessary to pay attention to the 3275-3320 range for the time being; this fluctuation range is also the middle area between the 5-day MA moving average and the 10MA moving average, and the price will continue after breaking through the range.
Operation strategy:
Scalping transactions are carried out in the fluctuation range of $3,290-3,315.
Quaid reminds all traders: You need to always pay attention to the direction of price trends, take profits in time, and avoid losses caused by unexpected events affecting price trends.
3278-3320 key position is mainly high sell low buyAt present, gold rebounded after falling back to 3287, and fluctuated around 3300 in the short term. Pay attention to the support area of 3278-3283 below. If it does not break this area, you can still try to go long in the short term. After all, from a technical point of view, the decline during the day is a correction and adjustment to the previous rise.
From the 4-hour chart, the upper short-term focus is on the suppression of the 3316-3320 area, and the lower focus is on the support of 3278-3283. In terms of operation ideas, continue to maintain the interval strategy of "high-altitude and low-multiple", rely on key positions to sell high and buy low, and wait patiently for effective signals before entering the market. If the structure or rhythm of the market changes, the strategy will be adjusted in time and notified separately.
Gold retracement adjustment. Pay attention to the timing.Gold prices continued to fall today, hitting a low of $3,285, and are currently recovering briefly.
I think there is room for profit in the long strategy, but the hourly line is only a single positive rise. Overall, the probability of volatility correction is still high. Compared with the short-term resistance position of 3,320, the correction is still within the normal range.
From the 4-hour chart, the 60-day MA of $3,320 has a certain suppression position on the upward trend, followed by the 90-day MA of $3,285, which provides strong short-term support. Today's price drop also failed to break through this support position; so this week will continue to fluctuate sharply, and the large fluctuations up and down are to accumulate momentum for the next wave of rise. The basic operation strategy of the bulls has not changed, but just a halftime break.
Operation strategy:
Buy near $3,295, stop loss at $3,285, and the profit range is $3,320-3,330.
Spot gold fell below the 3330 mark
📌 Driving events
The trend of gold prices this week needs to focus on the following three major risk events:
First, the confrontation between Israel and the Houthis intensified this week. On May 25, the Houthis used hypersonic missiles to attack Israel's Ben-Gurion International Airport for the first time, resulting in the interruption of airport operations. Israel subsequently launched a retaliatory air strike. Iran has made it clear that it "will not give in on uranium enrichment activities" and warned that it will take hundreds of alternatives if it is sanctioned
Second, although the Trump administration's threat to impose a 50% tariff on the European Union has been postponed to July 9, the market is still concerned about it. If the trade war escalates, it may lead to increased global economic uncertainty, which will in turn boost the safe-haven demand for gold. However, the repetition of tariff policies may also trigger changes in market risk preferences and have a two-way impact on gold prices.
Third, record-breaking air strikes in the Russian-Ukrainian conflict Russia launched the largest air strike since the war on Ukraine on May 26, launching 355 drones and 9 cruise missiles, and many parts of Ukraine suffered heavy losses. The attack has heightened market concerns about geopolitical risks, pushing gold prices higher in the short term. However, due to expectations of a prolonged conflict, market demand for safe-haven assets may gradually weaken. Technically, gold has performed strongly at support levels near $3,330.
📊Commentary Analysis
This week, gold prices will remain highly volatile under the intertwined influence of multiple risk events. Investors need to remain vigilant and flexibly adjust strategies to respond to market changes. Analyze the market, make plans, and manage risk.
💰Strategy Package
In terms of operations, investors are advised to pay close attention to the situation in the Middle East and the progress of Trump's tariff policy. In the short term, short selling can be carried out in the range of $3,330-3,305, with a target of around $3,290-3,280. Profits can be taken in batches, and a light position can be taken long after breaking through $3,310, with a target of $3,360-3,380. Profits can be taken in batches, and medium- and long-term investors can make layouts on dips, taking advantage of geopolitical risks and the trend of a weak dollar, and gradually establish long positions.
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose a lot size that matches your funds
- Profit is 4-7% of the capital account
- Stop loss is 1-3% of the capital account
Economic data released. Start of a new trend?The international gold market suffered a sharp sell-off, and the spot gold price once fell below the key psychological mark of $3,300/ounce, reaching a low of $3,392.59, as the US dollar index rebounded from a low of more than a month and concerns about the international trade situation cooled down.
The gold price is currently in a short-term recovery phase, and the downside risk is temporarily lifted. In the long run, the expansion of the US fiscal deficit may support the gold price; but in the short term, according to the latest data released by the United States, it is conducive to the long operation of gold, and the gold price will rise briefly.
Gold is strong in the short term, but traders need to take profits in time to avoid unexpected events that cause trend changes.
Overall, the short-term trend of gold prices is still subject to the US dollar, interest rate expectations and economic data, and the competition for the $3,300 mark will become the key.
The US economic data is within the expected range, and gold has a short upward trend.
Operation strategy:
Buy near $3290, stop loss at $3280, profit range at $3320-3330.
Gold is about to clarify its trend direction
📊Technical aspects
1. The double-line position of the hourly chart is now in the 3290-3310 area. After the price fell below the double line, it used the lower track of the double line (purple trend line) as suppression and continued to fall and break the low
Then after breaking through the double line, it turned into support, especially after breaking through the repeatedly suppressed purple trend line position 3250, forming an accelerated sprint, and the space amplitude exceeded 100 US dollars
Then the purple trend line position, as the space switching line position, the subsequent space breakthrough will achieve at least 100 US dollars of space switching
2. The four-hour lifeline position is now at 3320. Due to the price surge After the high, there was no increase in volume and acceleration of the rise, but a continuous rise and fall. The four-hour pattern also began to close. The lifeline position is the dividing line. The double-line lower track and the pattern lower track are superimposed in the 3283 area. Special attention should be paid to it. Together with the 3270 position of the hourly chart, it will become the space switching point for the subsequent market.
3. Interestingly, the daily lifeline position is in the 3285 range, which is also the low point of the second half of last week and the final support point determined by the retracement. Multiple supports are superimposed here, which means that the subsequent price can fall below this point and realize the space switching.
💰 Strategy Package
Short Position:3340-3350
How will the short-term trend of gold develop?From a technical perspective, the overall volatility is limited. In the near future, the upper side is under pressure from the trend line, and the lower side is affected by the 4-hour middle track support. The overall trend is maintained in the range of 3365-3322. The current monthly line is approaching its closing, and the short-term market is temporarily in a high-level oscillation stage. In the 4-hour cycle, the price range is gradually narrowing, waiting for a directional breakthrough. The lower support focuses on the 3325-3320 middle track position and the previous top and bottom conversion support of the 3308 line; the upper pressure focuses on the 3352 and 3365 areas. After a slight high opening, it weakened. The overall idea is still to treat it as a wide range of fluctuations. It is recommended to be long and short in operation, and adjust the strategy after breaking through.
Operation suggestion: Go long near 3330-3323, and the target is 3340 and 3352;
If the pressure near 3352 is not broken, consider shorting, and the target is to fall back to the 3330 line.
Gold price pullback. How to trade?Information summary:
On Monday, due to Trump's policy changes, high tariffs on the EU were suspended. The market's risk aversion sentiment has declined, and spot gold fell at the opening, but recovered some of its losses in the US market, maintaining a consolidation range of 3320-3355.
When the US market opens, there must be large fluctuations. Gold recovered all the gains on Friday due to the increase in tariffs on the EU on Monday. Then, when the US market opens, it is very likely to rise sharply, and also recover the losses on Friday.
And from the current gold 1-hour chart:
The current trend line of gold has fallen below, and the early trading has also completed the retracement. Therefore, gold may go down next. There is a high probability that it will test the bottom support position of 3310-3300.
From the daily chart:
You can see that the daily chart is currently an important support position near 3300. Once it falls below 3300, it can be officially confirmed that the correction trend is coming. And the trend after the US market opens is critical.
Operation strategy:
Short immediately, stop loss 3335, profit range 3310-3300.
Short term is still dominated by short positions!Although the easing of trade tensions in the short term has led to a correction in gold prices, the three core factors supporting the strength of gold still exist: expectations of loose global monetary policy, rising geopolitical risks, and the long-term weakening trend of the US dollar. In particular, the market expectation that the Federal Reserve may maintain loose monetary policy will continue to provide momentum for gold to rise.
From the daily chart, the price of gold has shown a clear upward trend since this year. Although there have been several corrections in the middle, the bulls still control the medium and long-term market. After the previous rise in the H4 cycle, it is not so strong now. Instead, it is a volatile trend. The Bollinger band is closed, and the trend strength still needs market stimulation to rise again.
The 1-hour moving average of gold has begun to turn, so the rising strength of gold bulls has been suppressed. The high point of the 1-hour rebound of gold has been getting lower and lower, and the low point has also begun to fall. The 1-hour gold has begun to fluctuate downward. The downward trend of the gold rebound is suppressed near 3340. Gold rebounds near 3340 and can still be shorted.
GOLD M15 Intraday Chart For 26 May 2025GOLD M15 Intraday Chart just posted as you can see that there are important zone
right now market is in range so you can do couple of scalping trades in Support & Resistance range
furthermore there are 2 breakout scenarios mentioned, kindly check carefully then trade
Remember Trade always with SL
Going long on pullbacks remains the mainstream.Fundamentals: Risk aversion is still the mainstream in the current market; risk aversion funds and risk aversion sentiment are still dominant in the gold market; although risk aversion and bullish sentiment have weakened at the war and trade war levels; the overall global fundamentals have not returned to their original state; behind various small fundamentals, there is still the possibility of triggering various risk events
Gold continued to rise on Friday due to the rise in risk aversion caused by tariffs, and the price of gold continued to rise to around 3365, and the daily line closed with a full big positive line again. If gold can successfully break through and stabilize in the 3360-3365 range in the future, the bull market is expected to regain its dominant position.
From the perspective of the 4-hour cycle, the price of gold continues to rise based on the unilateral moving average. Although there is a temporary divergence in the current indicators, in terms of form, the price of gold has achieved a short-term break. Next Monday, it is necessary to focus on the support strength of the 3345-3335 position, and the upper pressure range is maintained at 3365-3375. Do not blindly chase the rise before successfully breaking through and stabilizing. In terms of operation strategy, it is recommended to wait for the opportunity to step back, buy on dips, and continue to be bullish on gold prices. If gold can continue its strong performance next week, it is expected to test the previous high of 3430-3440 again.
Tariffs are on the rise again, gold is jumping.Information summary:
The Trump administration has once again launched a tariff war, threatening to impose a 50% tariff on the EU from June 1, and said that the negotiations between the United States and the EU have made no progress. Because the timing of this threat is quite delicate. Just earlier this week, the EU just submitted a new framework proposal to the US to restart bilateral trade negotiations. This directly led to a jump in gold.
Faced with the tough stance of the United States, the EU is not without countermeasures. It is reported that the EU has formulated a contingency plan. If the negotiations fail, it will impose additional tariffs on US exports worth 95 billion euros in response to Trump's "reciprocal" taxation and 25% tariffs on automobiles and some parts, which will inevitably cause further impact on the market.
Market analysis:
Today, the European session was under pressure at 3335 and the correction method was adopted. This correction method can better show that the price is strong, and the bulls are not willing to give the bears too many opportunities. Therefore, the layout should be aggressive. The stronger the market, the less likely it will fall back. At the same time, the correction of the strong market will definitely not break the low for the second time.
Operation strategy:
Short near 3375, stop loss at 3380, and target 3350-3340.
The price fell back to around 3335, and we will adopt a long strategy based on the downward trend.
Plan ahead Sell high and buy low to take the lead.Yesterday, the technical side of gold rose first and then fell. We directly arranged 3327 long orders to take profit and exit at 3340. After further accelerating to break through the 3345 mark, it fell under pressure and fell rapidly. We also successfully shorted at 3341, and the target successfully reached 3330-20. The European session continued to fall and broke through the 3300 mark and continued to fall to around 3280 to stabilize and rebound. We went long at 3280, and the target was 3300-3306. The daily K-line closed at a high and fell back to oscillate in the middle. The overall gold price was suppressed and oscillated at the 3345 mark in the short term. Yesterday's three orders also reached the take-profit target as expected.
From the 4-hour market analysis, today's upper short-term resistance is around 3315-3320. If the upper pressure 3315-3320 is not broken, shorting can also be done. Focus on yesterday's high pressure of 3345. The support level below is still 3280-3275. If it breaks down, pay attention to 3255-3250. Continue to rely on this range to maintain the main tone of high-altitude low-multiple cycles during the day. Observe more and move less in the middle position, be cautious in chasing orders, and wait patiently for key points to enter the market.
Operation suggestions:
1. Go long when gold falls back to 3285-3275, and look up to 3300 and 3315.
2. Go short when gold rebounds to 3340-3345, and look down to 3325 and 3315.
Tariff threat. Gold prices rose sharply?Information summary:
Gold prices climbed in the short term during trading after Trump threatened to impose new tariffs on the European Union, as this increased market uncertainty and increased demand for safe-haven assets. Trump said in a post on Truth Social that he suggested a 50% tariff on the European Union starting June 1, and complained that trade negotiations were stalled.
After the news came out, gold prices rose rapidly, breaking the $3,345 resistance level, but did not stabilize above the $3,365 resistance level I predicted in the morning; it reached a high of around $3,360 and then fell back slightly.
I think the short-term gains have been too large, and if there is a rapid adjustment, the amplitude will also be large.
Technical analysis:
From the 4-hour chart, gold prices continue to trade above all moving averages, and the 20-day moving average has broken through the 100-day and 200-day period moving averages. At present, indicators show that the upward momentum is not very strong.
If the price breaks through the 3365 resistance level strongly, it may hit the cycle high of around 3380.
Because of the weekend, if the resistance level fails to be broken strongly, the price may adjust in the range of 3360-3330 US dollars, and a new trend needs to be found.
Will gold continue to rise? Be alert on Friday.On Thursday, the US dollar rebounded after three consecutive days of decline and once returned to above the 100 mark, but failed to stand firm here. It is still maintaining at the 100 mark for consolidation. Due to the strengthening of the US dollar, gold began to retreat after hitting a high of 3345 yesterday, and once lost the 3300 US dollar mark, with the lowest reaching around 3280.
First of all, from the current 4-hour chart of gold:
In the Asian session, the lowest gold touched around 3290, and then rebounded. As of now, the highest reached around 3330. At present, 3310 should be a relatively important support position for gold. If it can be maintained above 3310, then gold may continue to rise. It can also be seen from the figure that once it continues to rise, 3345 is likely to be refreshed, and the highest should be around 3360.
From the 1-hour chart:
3280-3330 range, around 3310 is exactly the current 618 position. Therefore, if gold cannot pull back below 3310 again, it is highly likely that it will continue to reach a new high.
Secondly, as time goes by, the early low of 3290 can no longer be touched, and the current support is already near 3300. That is to say, it cannot fall below 3300 again. Once it falls below 3300, gold will refresh the low of 3280 and continue to fall.
Operation strategy:
If it can retreat to 3310 and stabilize, then we will go long at 3310.
On the contrary, if it falls below 3310, then we will focus on 3300. Once it falls below 3300, the trend will go down.
Then you can short at 3290-3300, and the profit range is around the early intensive trading area of 3260-3250.
XAU/USD 23 May 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 23 April 2025
Price has now printed a bearish CHoCH according to my analysis yesterday.
Price is now trading within an established internal range.
Intraday Expectation:
Price to trade down to either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high priced at 3,500.200.
Note:
The Federal Reserve’s sustained dovish stance, coupled with ongoing geopolitical uncertainties, is likely to prolong heightened volatility in the gold market. Given this elevated risk environment, traders should exercise caution and recalibrate risk management strategies to navigate potential price fluctuations effectively.
Additionally, gold pricing remains sensitive to broader macroeconomic developments, including policy decisions under President Trump. Shifts in geopolitical strategy and economic directives could further amplify uncertainty, contributing to market repricing dynamics.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Analysis and bias remains the same as yesterday's analysis dated 22 May 2025.
In my analysis from 12 May 2025, I noted that price had yet to target the weak internal high, including on the H4 timeframe. This aligns with the ongoing corrective bearish pullback across higher timeframes, so a bearish internal Break of Structure (iBOS) was a likely outcome.
As anticipated, price targeted strong internal low, confirming a bearish iBOS.
Price has remained within the internal range for an extended period and has yet to target the weak internal low. A contributing factor could be the bullish nature of the H4 timeframe's internal range, which has reacted from a discounted level at 50% of the internal equilibrium (EQ).
Intraday Expectation:
Technically price to continue bullish, react at either premium of internal 50% EQ or M15 demand zone before targeting weak internal low priced at 3,120.765.
Alternative scenario:
Price can be seen to be reacting at discount of 50% EQ on H4 timeframe, therefore, it is a viable alternative that price could potentially print a bullish iBOS on M15 timeframe.
Note:
Gold remains highly volatile amid the Federal Reserve's continued dovish stance and persistent geopolitical uncertainties. Traders should implement robust risk management strategies and remain vigilant, as price swings may become more pronounced in this elevated volatility environment.
Additionally, President Trump’s recent tariff announcements are expected to further amplify market turbulence, potentially triggering sharp price fluctuations and whipsaws.
M15 Chart:
Dangers and opportunities for gold? Trend change?In early Asian trading, spot gold fluctuated in a narrow range and is currently trading around $3,300. After rising in the first three trading days of this week, gold prices briefly hit a two-week high of $3,345 in Asian trading on Thursday, then fell sharply and finally closed around $3,294. This rapid change hides the fierce struggle between the strengthening of the US dollar, the turmoil of US bonds and geopolitical changes.
The rebound of the US dollar is the biggest pressure for the rise in gold prices.
Another major pressure on the gold market comes from the sharp fluctuations in US bond yields. The 30-year US bond yield hit a 19-month high, reflecting the market's deep concerns about the $3.8 trillion in new debt. The cold auction of $16 billion in 20-year US bonds on Wednesday further confirmed the judgment that the demand for sovereign bonds is undergoing structural changes.
The current gold market is being pulled by multiple forces. In the short term, the technical rebound of the US dollar and the selling of US bonds do pose pressure. But in-depth analysis shows that the pressure of currency depreciation brought by the $3.8 trillion fiscal expansion, the safe-haven demand caused by the damaged credit of US debt, and the risk of stagflation are three factors that are building long-term support for gold.
I think the shadow of global bond market turmoil will become a potential factor for the bullish gold market.
There are relatively few economic data during Asian trading hours. The focus should be on the annualized total number of new home sales in the United States in April after seasonal adjustment and the speeches of Federal Reserve officials, as well as news related to the geopolitical situation and the international trade situation.
I will also analyze the latest international news and its impact on gold prices for you as soon as possible.
Short-term operation strategy:
First rise: short near 3345, stop loss 3255, profit range 3280-3270.
First fall: long near 3275, stop loss 3265, profit range 3300-3310.
Gold bulls push prices to around 3355
📌 Driving events
Gold prices rose more than 0.50% and held above the $3,300 mark, driven by renewed safe-haven demand and rising geopolitical tensions in the Middle East. As of writing, gold/USD is trading around $3,317, rebounding from an intraday low of $3,285.
Market sentiment remains fragile, with US stocks falling into negative territory and US Treasury yields slightly higher. All eyes are on the upcoming vote on President Trump's tax reform plan. According to estimates by the Congressional Budget Office (CBO), the plan could lead to an approximately $3.8 trillion expansion of the US national debt. Uncertainty about the fiscal outlook continues to stimulate demand for gold as a defensive asset.
📊Comment Analysis
Gold price recovery is good, pay attention to the 3358 price area, adjust downward, and continue to accumulate funds around 3300
💰Strategy Package
🔥Sell gold area: 3358-3360 SL 3365
TP1: $3350
TP2: $3337
TP3: $3322
🔥Buy gold area: $3284-$3276 SL $3270
TP1: $3300
TP2: $3320
TP3: $3340
⭐️ 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
[20250522] - Gold Overview1️⃣ Market Overview:
📌 Recent Closed: 3315
📌 Bullish sentiment confirmed above (3265)
📌 Key reversal threshold: (3296)
2️⃣ Key Observations:
✅ Price above (3253) suggests continued bullish bias.
✅ Recent High 3320—watch for a strong breakout or exhaustion.
✅ Next liquidity Range: 3337 (upside), 3264 (downside).
3️⃣ Potential Scenarios:
🔹 Bullish Continuation: Closing above 3320 confirms momentum toward 3337.
🔹 Bearish Exhaustion: Failure to hold 3296 could trigger a reversal toward 3253.
🔹 Invalidation: 💡 A break below 3296, failing Bull POC (3265), would shift sentiment bearish.
4️⃣ Entry & Target Levels:
🔹 Bullish Entry:
✔️ Price holding above 3296 strengthens bullish sentiment.
✔️ A confirmed break above 3320 opens room for a run toward 3337 liquidity zone.
🔹 Bearish Entry:
✔️ If price fails to sustain above 3296, watch for confirmation near 3253 VAH.
✔️ A strong rejection leads price toward next liquidity at 3264.
🎯 Targets:
Upside: 3320 breakout leads toward 3337 liquidity zone.
Downside: Failure at 3296 opens movement toward 3264 liquidity support.
📢 Your Thoughts? Drop a comment and let me know what you think! 🚀
Grasp the core strategy of trend tradingGold continues to be bullish and will go to the area near the gap of 3325. At that time, the short-term may be blocked and fall back. If it breaks, look at the area near 3340-3345. In the 4H cycle, relying on the moving average to support the rising stage, and the Bollinger is in an open state, there is still room to see above. The support for the fall back is to pay attention to the top and bottom of the small cycle of 3285, followed by the low point of 3274, but there will not be too much retracement in the strong position. In terms of operation, the main fall back is long, and gradually look at 3325 and 3345. Shorting can only be entered at key points, and fast in and out without fighting.
Operation suggestion: Go long on gold near 3285-74, look at 3315 and 3325! If it is extremely strong, go long on the support of 3298-3295!
Trend trading is the core strategyGold opened at 3290 and rebounded, reaching 3314 and retreating. Last night, gold broke through the box and oscillated, so it is reasonable to continue to move up. The gold moving average continues to cross upward and diverge. The strength of gold bulls is still there. The decline of gold is an opportunity to continue to go long. Gold is now at the top and bottom conversion position of 3275-85. Gold falls back to 3275-3285 and continues to go long. Gold has repaired the gap of the previous gap. In the short term, pay attention to the suppression of 3315-21. Try not to chase the high position. We will intervene in the long position when it falls back.
Today, the support below is around 3275-85, and the upper short-term focus is on the 3315-21 line. If it does not break, you can short. The important resistance is 3340-45. The short-term long-short strength and weakness watershed is 3253-60. The daily level stabilizes above this position and continues to maintain the same low-long rhythm. Shorting can only enter the market at key points, and enter and exit quickly, and do not fight.
Gold operation strategy:
1. Go long when gold falls back to around 3275-85, with a target of 3300-3320.
2. Go short when gold rebounds around 3340-45, with a target of 3320-3300.