Golden stage low area: 3285-3275!Fundamentals:
1. Focus on Trump's dynamics and tariff-related issues;
2. Pay attention to whether geopolitical conflicts will escalate, including the situation between India and Pakistan, Russia and Ukraine, and the situation between the United States and Iran, etc.
The current expectation of interest rate cuts has declined, and the tariff storm has cooled down. At the same time, the market is betting on a further trend correction, which may cause capital outflows from the market, which will further hit gold bulls!
Technical aspects:
As I expected in my previous article, gold is expected to fall below 3300. Sure enough, gold has shown signs of falling below 3300. In the current structure, gold may further extend to the 3280-3270 area, which is also an important support area of primary concern in the short term; and as gold fell sharply, the market was bearish, and short-term resistance also moved down to the 3315-3325 area.
Trading strategy:
1. Consider the shorting opportunity after gold rebounds to the 3315-3325 area, TP: 3300-3290
2. Consider the longing opportunity after gold falls to the 3285-3275 area, TP: 3300-3310
Goldtradeidea
Gold is expected to fall below 3300, continue to short gold!Fundamentals:
1. Pay attention to whether the geopolitical conflicts escalate, including the situation between India and Pakistan, Russia and Ukraine, and the situation between the United States and Iran, etc.
Technical aspects:
Although the gold price gradually rebounded after hitting 3320 points, the current rebound momentum is relatively weak. The gold price has turned from strong to weak, and the short-term "M"-shaped top structure formed by 3435 points and 3414 points above has suppressed the upward space of the gold price. Therefore, we still focus on shorting gold after the rebound. First, we focus on the resistance area of 3355-3365 points above. If the gold price rebound fails to successfully break through this area, the gold price will fall again and is expected to continue to fall to around 3280 points.
Trading strategy:
Consider shorting gold after gold rebounds to the 3355-3365 area, target price: 3340
Start shorting gold and seize the opportunity to make a profit!!Fundamentals:
Focus on Trump and the Fed
Technical aspects:
Gold fell back to around 3253 and then rebounded, and continued to rise to around 3318. The upward momentum in the short term looks particularly strong. According to the current structure, as gold gradually rebounds, off-market buying funds gradually enter the market, pushing gold further up. However, when facing the previous turning point position area of 3325-3335, the market is cautious and it is difficult to break through this area in a short period of time. Therefore, when gold gradually approaches the 3325-3335 area, gold may usher in a wave of retracement in the short term; obviously, the retracement area we can foresee is the 3295-3285 area first.
Trading strategy:
Consider shorting gold in the 3315-3325 area, TP: 3295-3285
The bearish trend is obvious, 3180 is foreseeable!Fundamentals:
Focus on US economic data and Fed dynamics;
Technical aspects:
After gold fell below the recent low support area of 3260, the bearish trend became more obvious. Although gold has stopped falling near 3220, there is no obvious sign of bottoming out. From the current structure, gold still has room to fall, and the area near 3180 can be foreseen in the short term. However, after a sharp drop in gold, there may still be repetitions in the short term, so it is not advisable to over-short gold for the time being. Gold still has the possibility of a short-term rebound to the 3245-3255 area.
Trading strategy:
1. Consider waiting for gold to rebound to the 3245-3255 area before shorting gold; TP: 3235-3225;
2. Consider trying to go long on gold in small batches in the 2330-2320 area, TP: 3245-3255, and then short gold after reaching the target area.
No fear of retracement, continue to be long on goldFundamentals:
1. First, focus on Trump and the Fed’s dynamics;
2. Pay attention to whether the geopolitical conflicts escalate, including the situation between India and Pakistan, Russia and Ukraine, and the situation between the United States and Iran, etc.
Technical aspects:
Gold fell after touching 3330, but it is obvious that the retracement space of gold is being compressed. The lowest price of gold only fell back to 3313, and it did not even make any attempt below 3310. With the continuous consolidation and strengthening of the support in the 3310-3300 area, the double bottom structure and the arc bottom form a technical resonance in the short term. Gold should still have room to continue to rise. I expect that gold is likely to continue to rebound and extend to the 3350-3360 area.
Trading strategy:
It is possible to consider going long on gold again after gold falls back to the 3315-3305 area, and expect gold to rise above 3350 as expected!
The gold strategy is correct, enter the market at key points.Gold clearly treated the wide range of fluctuations, and the strategy was basically realized! In the real market, I also arranged short orders at 3345 and 35, and took profit at 3313-14! I continued to arrange long orders at 3302, and finally successfully reached the profit target of 3315! The overall harvest was good.
Analysis of gold trend:
On Tuesday (April 29) in the Asian market, spot gold fluctuated in a narrow range and is currently trading at $3337.58/ounce. Gold prices reversed their decline on Monday and rose. Earlier, they fell to around $3268, but then there was a low-absorption buying, and gold prices closed at $3343.91/ounce; the dollar fell across the board on Monday, which also provided support for gold prices. Investors cautiously waited for further news on US trade policies and prepared for a week of intensive economic data, which may initially indicate whether US President Trump's trade war is having an impact.
From a technical perspective, gold prices reversed their decline on Monday and rose. Gold repeatedly tested the 3260-3270 area for support. Gold has formed a multiple bottom structure in the short term, so gold may end its short-term adjustment. This time, gold has already adjusted, and it is unlikely to adjust again. Therefore, as long as it does not break the 3260 low in the near future, gold will rise and there will be room for growth. As for the high point, there are two dividing points, one is the 3337 high point, breaking 3337 is a strong shock, and the other is the 3370 high point, breaking 3370 is absolutely strong, then, the upper space is opened, and then look at 3420-3500.
From the daily chart, the daily line forms three bottoms at 3260, and the daily line closes positively, and the bullish trend is obvious. As long as the daily line is positive, it will not be able to go to the upper track or the previous high is just around the corner. The 4-hour cycle is also absolutely strong after Monday's rise, but now the unilateral rising mode of the Bollinger opening has not yet formed, and the gains and losses of 3370 will be tested here. Therefore, if the bullish long position continues on Tuesday, it must pay attention to whether 3370 breaks. If 3370 breaks, there will be a strong unilateral rising space. If 3370 does not break, it will still be a large range of fluctuations. Then, the only thing to consider during the day is to adjust the long position. Today, the lower support is around 3300-3310, and the upper pressure is around 3350-3360.
Let’s continue to be long on gold and keep winning!Fundamentals:
1. Focus on the performance of US economic data and the dynamics of the Federal Reserve;
Technical aspects:
At present, gold has failed to fall below the key area of 3300 many times during the retracement process, further strengthening the short-term structural support and strengthening the market's recognition of the effectiveness of its structural support. Moreover, gold may still maintain a volatile market before the NFP market. Due to the cautious attitude of the market, it is difficult for a unilateral trend to appear before the NFP market.
Short term trading strategies:
As in the two recently updated trading views, the trading strategy of long gold in the 3310-3300 area is still effective! Looking forward to gold rebounding to 3325 or even higher!
Buy gold, gold is expected to rebound to the 3330-3335 zoneFundamentals:
1. First, pay attention to the dynamics of Trump and the Federal Reserve;
2. Pay attention to whether the geopolitical conflicts will escalate, including the situation between India and Pakistan, Russia and Ukraine, and the situation between the United States and Iran.
Technical aspects:
Gold rebounded and tested the area near 3353, then encountered resistance and fell back. During the decline, it stopped falling near 3305, and in the short-term structure, a triple bottom structure and an arc bottom pattern were constructed around the price of "3308-3305-3308", proving that in the 3310-3305 area, there is a large amount of buying funds entering the market in the short term; in addition, before the NFP market, it is difficult for gold to form a unilateral trend, and overall gold is still in a state of shock.
Short-term trading strategy:
It is possible to consider buying gold in batches in the 3315-3305 zone; TP: 3330-33340
OANDA:XAUUSD FOREXCOM:XAUUSD FOREXCOM:XAUUSD FOREXCOM:XAUUSD TVC:DXY
Doubletop suppressionVS multi-bottom support Entry at key pointsGold rose sharply in the U.S. market yesterday, and the daily line finally closed the Yang cross star, approaching the end of the monthly line. Recently, it has been a yin-yang cycle sweep pattern. Therefore, today we need to be careful to prevent the market from falling back and then closing in the negative range. The wide sweeping range remains at 3370-3270. If the position is broken, look at the unilateral direction. In the 4H cycle, the continuous positive pattern breaks through the mid-track, and the short-term trend is stronger. , but Bollinger has not opened his mouth, and is not optimistic about the breakthrough range. The short-term support is around 3315, which is also yesterday's low point. If it falls below, it will go to 3302. Therefore, today's operation will continue to grasp the key positions. The upper pressure will focus on 3354 and 3370, and the lower support will focus on 3315 and 3300. Go high and low in the range! Do high-altitude and low-multiple in the range!
Operation suggestion: Buy gold near 3305-3300, look at 3320 and 3345!
Gold is expected to continue to retrace the 3235-3225 region.Fundamentals:
1. The tariff issue has been relatively eased, and Trump's repeated attitude towards tariffs has made the market bullish energy not firm;
2. A small-scale conflict broke out between India and Pakistan, which has not had a great impact on gold for the time being. It is necessary to pay attention to whether the situation will escalate;
3. At the same time, it is necessary to pay attention to the dynamics of the Federal Reserve, the Russia-Ukraine negotiations, the US-Iran negotiations, etc.
Technical aspects:
At present, gold is in a state of shock correction as a whole, but from the current structure, the rebound momentum of gold is insufficient, and the rebound high is gradually decreasing. The short-term support below is in the 3265-3260 zone; the short-term resistance above is at 3310-3320; if gold cannot stand above 3300 in the short term, gold may fall further and break through the 3265-3260 zone, and continue to the 3235-3225 zone.
Trading strategy:
Short-term trading is still mainly shorting gold after the rebound. You can use the 3300-3320 area as resistance and short gold in batches
Trading target:
Profit target this week: ≥$30K;
OANDA:XAUUSD CAPITALCOM:GOLD FOREXCOM:XAUUSD FOREXCOM:XAUUSD
Gold is brewing a big drop!After the tariff issue was moderately cooled, gold returned to calm and volatility gradually narrowed! From the candle chart, although gold did not form an effective decline, the bullish momentum slowed down significantly!
Since gold rose near 2970, it has reached a high of around 3246. The bulls did not get a respite. After the news returned to calm, gold may usher in a technical retracement repair; gold has been blocked near 3246 many times in the past two days, and the upper shadow line clearly shows a rejection signal! In the current gold structure, gold has formed a secondary high point near 3232, and it is very likely to combine the 3246 high point to form a double top structure, which is conducive to the decline of gold to a certain extent;
In addition, compared with the market's expected targets of 3300 and 3400, the upper side belongs to an unknown area and is more risky, while the lower side has a previous historical track. From the perspective of market psychology and risk preference, gold prices may be more willing to retreat.
So in the short term, I will still not give up my short position. Once gold falls below the 3205-3200 zone, the area around 3190 will not be able to stop the decline of gold. The retracement target area is located in: 3160-3140 zone.
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Risks gradually accumulate, and short gold in batchesAt present, the highest price of gold has reached around 3244, but it soon fell back to below 3240; and the PPI data is obviously bullish for gold, but gold has not shown a significant upward fluctuation, indicating that as gold rises sharply, market sentiment tends to be more cautious, so that liquidity is insufficient. So from this point of view, gold still has a need for a correction!
In the past three trading days, the increase in gold has reached $270. So even if gold remains strong at present, we should not blindly chase more gold. On the contrary, we can still gradually establish short positions in batches. As long as we strictly control the number of transactions in the transaction, we don’t have to worry too much about the transaction risk!
Let us wait patiently for the market to gradually accumulate risk sentiment. Once it accumulates to the critical point, it only takes one opportunity for gold to collapse soon.
After the gold frenzy, there will soon be a sharp correctionTo be honest, I must admit that I still hold a short position. I think there should be many people holding short positions now, but they are unwilling to admit that they hold short positions because they are losing money.
I think it is not shameful to hold a short position now. Although gold has violently risen to around 3220, from the perspective of trading volume, gold is rising without volume. Without the support of trading volume, gold is destined to usher in a round of correction in the short term.
And I have reason to believe that the accelerated rise of gold is suspected of being manipulated by large institutional funds. There are two purposes. One is to accelerate the rise to attract more retail funds to flow into the market to take over; the other is to raise prices arbitrarily to make it easier to sell. So the faster gold rises, the easier it is to collapse! We first aim at the retracement target: 3150-3130 area,or even 3120.
So for short-term trading, I think we can still continue to short gold, and I am optimistic about the short position of gold! The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
Gold still has the potential to bounce back to 3070!Gold has been experiencing significant volatility driven by fundamental factors. While bearish sentiment appears to remain dominant, the recent downside move has already priced in much of the negative risk. As such, traders should avoid an overly one-sided bearish bias in the current environment.
After bottoming out near the 2970 level, gold staged a strong rebound. During the ensuing consolidation phase, the 3010–3000 zone has provided consistent support, signaling the emergence of a short-term demand zone. This indicates that the bulls have not completely capitulated and may attempt to stage a corrective rally toward the 3050 level, or potentially even as high as 3070.
From a short-term trading perspective, we may consider initiating long positions within the 3015–3005 range, aiming for an upside target of 3050, with a possible extension toward the 3070 resistance area.
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Master swing trading! Both long and short sides can profit!The current fundamental environment: tariff issues and geopolitical conflicts are on opposite sides, so there are both bearish and bullish factors for the gold market, which have triggered fierce competition between long and short forces to a certain extent, exacerbating market volatility!
At present, overall, the short forces have the upper hand, but the longs still have a certain ability to fight back! If the short energy is fully released during the process of gold falling to around 2970, then gold may still usher in a wave of rebound opportunities in the short term. First of all, the areas worthy of our participation in trading are mainly concentrated in the following:
1. The short-term support area below: 3010-3000; secondly, the important defensive area for bulls is: 2975-2965.
2. The short-term resistance area above: 3040-3050; secondly, the important defensive area for bears is: 3070-3080.
This is the key area that we must pay attention to in the short-term, and it is also an important reference for our next short-term trading!
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The bearish trend is just beginning: Short Gold!Good morning, bros! With the gold price falling by LSE:100H yesterday, there is no doubt that the market is currently dominated by bears! As the gold high gradually moves down, it is difficult to hold even 3100, further weakening the bullish momentum and exacerbating panic selling to a certain extent!
Obviously, as gold completes the regional conversion, the previous support has been transformed into an important resistance area in the short term, and the short-term resistance effect of the 3115-3125 zone is very obvious; and the current area near 3090 does not play a structural support role, so the area near 3090 is easy to be broken, and the short-term support below is in the 3075-3065 zone.
So in terms of short-term trading, before the NFP market, we can still short gold with the resistance of the 3115-3125 zone, with the first target pointing to the 3075-3065 zone, followed by the 3055-3045 zone.
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Continue to short gold after the rebound!Although gold did not fall due to the negative impact of ADP data, this does not mean that the risk of gold falling has been eliminated. As long as gold does not break through the recent highs, and in the fluctuations in recent days, the resistance strength of the 3135-3145 zone has been strengthened, gold still has a considerable risk of falling before breaking through the resistance area, and once gold falls below the 3110-3100 zone, it is bound to retreat to the 3095-3085 zone!
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A rebound is a good opportunity to short goldGold rebounds from 3100, but is the bullish momentum truly revived?
I don’t see it that way. Yesterday’s retracement to 3100 has already weakened the strong bullish structure to some extent, with 3150 likely acting as a key resistance level. I believe the current rebound is merely a technical retest of the 3150 zone, reinforcing it as a potential cycle high and paving the way for a double-top formation, which could provide a bearish technical setup for further downside.
Following the initial 3100 test, a second retest of this support level is likely. If gold fails to hold 3100 on the second attempt, a break lower towards 3095-3085 would become increasingly probable.
I will continue to scale into short positions within the 3132-3142 zone, with an initial target of 3120-3110. If gold approaches 3100, I will closely monitor the price action to assess the likelihood of a further breakdown.
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Expect gold to retreat to the 3100-3090 zoneOn a crazy Monday, gold fell back to around 3076 and then rebounded, and continued to rise to around 3128. It has now fallen back slightly and is fluctuating in a narrow range around 3120!
Although gold does maintain a strong position at present, what makes me more alert is that once gold retreats $3-5, it will be enough to make more buyers crazy and actively rush into gold long transactions. This is an extremely dangerous signal in my opinion! Because if with the withdrawal of large funds and panic selling, more bulls will be defeated.
So I explicitly refuse to chase long gold above 3120, because as gold rises rapidly, the risk of going long is gradually accumulating, so the liquidity of gold is gradually weakening, so gold may need to retreat more to increase liquidity before continuing to rise! And if the tariff policy introduced on April 2 is carried out in a more moderate way, then market sentiment will be greatly eased, and gold may also collapse.
So I think in short-term trading, we can still short gold in batches in the 3125-3135 zone, and expect gold to at least fall back to the 3100-3090 zone.
Gold Faces Repeated Rejections, Bearish Outlook RemainsAlthough gold has yet to confirm a significant downtrend, it has faced multiple rejections around the 3030-3040 resistance zone in recent sessions. Notably, after touching 3036 yesterday, gold experienced a sharp pullback, forming a long upper shadow on the candlestick chart. This price action has diminished the supportive effect of the underlying W-bottom structure.
If gold continues to struggle to break above the 3030-3040 zone, the current seemingly strong price action may prove to be a false signal, merely a setup for a subsequent decline. Additionally, with geopolitical risks easing and no significant fundamental drivers supporting further upside, I remain optimistic about a bearish continuation in gold.
We can consider scaling into short positions within the 3028-3038 range, patiently targeting a retest of the 3010-3000 zone. A confirmed break below 3000 could accelerate further downside toward the 2995-2985 region.
I would make more detailed trading plans and trading signals every day according to the real-time market situation, which is also the testimony of every successful transaction and profit of mine; the article has a certain lag, if you want to copy the trading signals to make a profit, or master independent trading skills and thinking, you can choose to join the channel at the bottom of the article
Gold is expected to rise to the 3030-3040 zone againGold encountered a clear rejection signal after reaching around 3036, indicating the presence of resistance and a technical need to retest support. Currently, gold is undergoing this support retest.
Within the current structure, gold has established a notable W-bottom pattern, with key support formed around the 3000 and 3003 levels. This structural support remains relatively strong. If gold manages to hold above the 3015-3005 support zone during the retest, a renewed upward move is likely. In that scenario, gold could resume its ascent, potentially retesting the 3030-3040 resistance range.
So in terms of short-term trading, if gold pulls back to the 3015-3005 zone, we can consider going long on gold in moderation.I would make more detailed trading plans and trading signals every day according to the real-time market situation, which is also the testimony of every successful transaction and profit of mine; the article has a certain lag, if you want to copy the trading signals to make a profit, or master independent trading skills and thinking, you can choose to join the channel at the bottom of the article
Bearish Bias Under Head and Shoulders Formation📍Gold is currently leaning towards a bearish trend under the pressure of a well-defined head and shoulders pattern. Therefore, our primary trading approach remains focused on short positions.
📍In the short term, the key resistance to watch is in the 3030-3040 zone. However, it's worth noting that on Friday, gold quickly recovered most of its losses after testing the 3000 level, indicating the presence of strong buying interest and solid support below.
📍From a trading perspective, there is still an opportunity to capture profits from potential technical rebounds. The main support levels to monitor are:
📌3010-3000 as the initial support zone
📌2995 as the secondary support level
🔎Trade Idea:
1. Xauusd: Sell at 3035-3045
TP:3020-3010
SL:Adjust according to risk tolerance.
📎But if gold shows signs of holding support, a short-term rebound could provide opportunities for counter-trend trades.
2. Xauusd: Buy at 3015-3005
TP:3025-3035
SL:Adjust according to risk tolerance.
📩Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
The bear is coming soon, TP: 2965-2955Bros, bears are about to see the dawn!
Gold is fiercely fighting for control in the 2985-3000 zone. Although the winner has not been completely decided, the balance of victory is tilting towards the bears!
As gold stands above the 3000 mark, the upper space is relatively compressed, and the liquidity is getting lower and lower. Gold needs to retreat to increase liquidity! Judging from the candle chart, gold stood above 3000 twice and then quickly fell back, forming two obvious upper shadow lines, indicating that the bull market is not completely convincing, and it is very likely that a double-top structure will be technically constructed to further stimulate the decline of gold!
At present, gold has not been able to effectively fall below 2880. In addition to having a certain support structure, it is more likely to be a bull market trap! So in the next short-term trading, I do not recommend continuing to chase gold. You can use the 3005-3015 zone as resistance and boldly short gold! Then wait patiently for gold to fall back to the 2965-2955 zone.
Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals