GOLD – The bulls continue to hold the advantage!Hello, dear friends! Gary here.
Today, XAUUSD continues to extend its strong upward momentum, currently trading around the 3,227 USD level. This precious metal is surging due to safe-haven flows amid growing concerns about a global recession.
From a technical perspective, after close observation, we can see that price action is showing signs of repeating a familiar market structure. There’s a possibility of a short-term correction to build up more bullish momentum, especially after buyers pushed too far from the liquidity zone around 3,150 – 3,149. Meanwhile, the 34 and 89 EMA trendlines are both signaling strong support for the bulls, with no indication of a reversal so far. Therefore, pay close attention to the key resistance zone I’ve marked on the chart — this could be the breakout area that decides the next big move for this metal.
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Intradaytrade
Gold's Growth Sign - 11/04/2025The gold market remains highly active, supported by capital inflows seeking safe-haven assets amid escalating U.S.-China trade tensions following President Donald Trump's decision to increase tariffs on Chinese imports.
From a technical perspective, gold is in a strong uptrend. It is considered a hedge against instability, especially as the tariff war increases inflationary pressures and pushes bond yields higher. If the trade conflict persists, the U.S. dollar may lose its role in global trade, further supporting gold prices.
XAUUSD continues to increase pricesHello dear friends!
Spot gold (XAU/USD) surged strongly yesterday following the implementation of U.S. tariff measures, which have sparked a new wave of trade tensions.
On the analysis chart: the descending trendline has been broken, and price action is now showing strong potential for further upside. The next bullish momentum is further supported by the crossover of the EMA 34 and 89, which act as an ideal cushion for optimistic investors. Therefore, it would come as no surprise if the bulls set their sights on previous highs or the $3,165 level, with the nearest support found around $3,065.
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Latest XAUUSD update for today!Hello to all passionate and prosperous traders! What’s your take on gold prices today?
In this analysis, I’ll be discussing the long-term uptrend of gold using the 4-hour chart. At the time of writing, XAUUSD is showing a strong upward surge with a series of bullish candles and no sign of slowing down. This precious metal is trading around $3117, marking a gain of over 350 pips in just one day.
The market appears to be placing its confidence in the bullish outlook for gold, especially with a series of major U.S. economic data releases scheduled for today, including the FOMC meeting minutes, the CPI index, and initial jobless claims.
If the FOMC takes a dovish stance, it would strengthen the expectation that the Fed might soon cut interest rates. Additionally, forecasts indicate that both monthly and yearly CPI figures may decline, suggesting that inflationary pressures are easing, which would increase the likelihood of monetary policy easing. The rise in jobless claims also signals a weakening labor market — all of which are supportive of higher gold prices.
From a technical perspective, gold remains firmly within its upward trend channel, with strong support from the key psychological level at $3000. Further upside potential is reinforced by the bullish crossover between the EMA 34 and EMA 89, serving as a psychological cushion for optimistic investors.
My bias remains bullish. What about yours?
XAUUSD: Buy or Sell ?Hello everyone, let’s take a look at OANDA:XAUUSD and plan the latest strategy for this afternoon!
Currently, this precious metal is trading around the 3039 USD level, recording a 1.94% gain on the day.
The main driver of the rally comes from the news that the United States will impose tariffs of up to 104% on imports from China starting Wednesday. This decision has sparked concerns about a potential global economic recession, thereby boosting demand for safe-haven assets like gold.
In addition, the market is expecting the Federal Reserve (Fed) to begin a rate-cutting cycle soon, with over a 60% chance of it happening as early as May, and a projected five more rate cuts in 2025. This expectation is weakening the USD, further supporting gold prices. Although some Fed officials continue to deliver hawkish signals, concerns that tariffs could increase inflation remain and are putting pressure on the Fed's upcoming policy decisions.
From a technical standpoint, an effort to shift the trend has formed above the resistance of the descending trend channel, and price is now reacting near the key resistance level at 3055. A breakout and price consolidation above 3055 will trigger the continuation of the current upward move. A retest of the previous broken consolidation resistance at 3020 may also occur.
The market structure is fully bullish. A breakout above key resistance or a pullback to support levels will likely lead to the next phase of growth, but if the 3055 level is broken earlier than expected, it could eventually push this metal up to 3110.
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XAUUSD continues to fall sharplyHello everyone, it’s great to see you again in our discussion about gold prices today.
Last night, gold prices dropped sharply as investors took profits, U.S. bond yields rose, the USD strengthened, and gold plummeted. At one point, gold even touched the level of 2,955 USD; however, it quickly adjusted to limit the decline, although it has not yet managed to revive the trend.
At the time of writing, XAUUSD is moving around the 3,006 USD mark, achieving a recovery of over 200 pips. Accordingly, technical analysis shows that gold is forming waves according to Dow theory, with the correction target aimed at the 0.618 - 0.5 Fibonacci area before sellers regain control, as the current environment still puts gold at a disadvantage.
XAUUSD: Bears continue to lead the trend !Hello everyone, let’s explore and build a strategy for gold prices today!
As of now, gold has officially lost the psychological level of 3000 USD. This metal is currently moving around the 2980 USD mark and continues to drag its downtrend since last Friday.
Accordingly, gold is trading in a negative environment as the USD continues to benefit. In the early days of the week, gold lacks momentum due to the absence of any new announcements, causing buyers to remain hesitant and unable to intervene deeply in the market.
Looking at the technical picture, the descending channel remains strongly active and shows no signs of stopping. In the short term, the Bears are expected to stay dominant as the EMA 34 and 89 have issued reversal signals. The current defense level is set around 2965 USD. If this level is broken, selling should continue to be considered. On the other hand, the resistance level at 3020 USD should also be watched, as it represents an ideal selling point, aligning with the upper boundary of the trend channel.
Wishing you all happy and profitable trading!
XAUUSD: Downtrend intact as bears tighten their gripOANDA:XAUUSD is continuing to move within a clearly defined descending channel on the H1 timeframe. The price structure shows that the Bears still control the market as each pullback is rejected right at the upper trendline.
Currently, price is reacting around the confluence zone between the dynamic resistance line and the previous distribution area. There is no sign that buying pressure is strong enough to break the descending channel. Instead, price action is showing weakness and hesitation from the buyers.
The support zone around 2,955 continues to serve as the final foothold for the current downtrend. If this area is breached, the sell-off could accelerate sharply, pushing price toward the 2,880 region, where the lower boundary of the channel quietly awaits.
Until the technical structure changes, the downtrend remains the main scenario. There is no reason to look for buying opportunities at this time.
EURUSD: Are buyers reviving the trend ?Hello everyone, let’s talk about the EURUSD pair today!
EUR/USD saw a slight bullish rebound on Wednesday, ending a 3-day losing streak and posting some late gains just before the broad “reciprocal” tariffs from the Trump administration took effect on April 9. Currently, EURUSD continues to extend above the 1.100 level.
Accordingly, the recent upward momentum has been supported by the weakening of the USD after President Donald Trump announced new tariffs on imports from several countries, including a 20% tariff on the European Union. This sparked concerns over a global trade war, prompting investors to reduce USD holdings and seek alternative assets.
Additionally, due to a shift in market sentiment, the increase in trade tensions and growing fears of a U.S. economic recession have driven investors to search for safer assets, including the euro.
From a technical standpoint, buyers successfully broke out of the descending channel and completed a retest of the previous breakout, with the support level now firmly reinforced by the EMA 34 and 89 – acting as a strong launchpad for EURUSD to climb higher in a favorable environment.
Gold continues the trend of reduced from 3100 USD ?Hello everyone! Gary here, it's great to see you again in today's gold price analysis!
Generally, XAUUSD has experienced a significant price decline at the beginning of the week, dropping below the 3055 USD level. It is currently trading at a new level of 3005 USD, showing little change compared to yesterday's trading session. So, what are the reasons and strong factors currently affecting gold prices?
Regarding influencing factors:
The daily market factors include a weaker dollar and a pause in rising U.S. bond yields. The market is reacting to the escalating trade tensions between the United States and China, including the threat of a new 50% tariff and potential countermeasures from Beijing. Growing expectations for a Fed rate cut and a recovery in risk appetite also support gold's growth, but the uncertainty of global trade policy leaves investors uncertain.
Regarding the new outlook for XAUUSD:
On the 1H chart, as Gary mentioned earlier, XAUUSD is currently receiving strong support at the 2970 USD level. A break below this level will lead to a significant price drop, while maintaining this level will result in an increase. Upon close observation, it can be seen that the precious metal has broken through the previous support level of 3055 USD, establishing it as a new key resistance level. Both short-term and medium-term outlooks indicate that the downtrend is gradually strengthening. Therefore, as long as the resistance levels within the descending channel are well protected, the Sell strategy remains the top priority.
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Today is XAUUSD: The price continues to decreaseHello everyone, let's take a moment to reflect on the movement of OANDA:XAUUSD this week: will it rise or fall? Here are some detailed insights and analysis from Toro regarding this metal.
When looking at the chart, it seems that the long-term upward trend of XAUUSD is showing signs of weakening, especially as it starts to decline from the peak near $3,170.
The trend appears to be shifting to a sideways movement and may continue to fall closer to the support turned resistance level at $3,055.
Furthermore, the decline was triggered by profit-taking amid the strong news from the previous week. Additional pressure was created by the strong NFP report released on Friday, adding even more downward pressure on this metal.
Based on these signs, Toro sets a target and expects that XAUUSD may drop back to the $3,000 level. The next support level lies at the one-month low of $2,971, which corresponds to Fibonacci 1. Below this level, the range of $2,867 - $2,868, corresponding to Fibonacci 1.618, will be tested.
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Where will gold price go today?Hello dear friends, a new week has arrived, wishing you a lot of energy!
At the beginning of the new trading week, gold continues to extend its previous downward trend. The precious metal once dropped below the $3,000 mark but quickly regained some recovery, although it has not yet fully stabilized. Currently, the trading level is moving around the $3,027 area, marking a decline of more than 0.32% at the time of writing.
Regarding the outlook, global economic and political factors indicate an unfavorable environment for gold prices during this period.
Accordingly, this week, 16 experts participated in the Kitco News Gold Survey, and the results show that Wall Street has reversed its extremely optimistic view from the previous week. Five experts (31%) predict that gold prices will recover this week. Eight (50%) believe that gold prices will continue to decline. The remaining three (19%) think that gold prices will move sideways around the current low levels.
Meanwhile, the Kitco online survey attracted 273 retail investors to participate. Retail investor sentiment only slightly decreased compared to the previous week. A total of 167 people (61%) expect gold prices to rise this week; 70 people (26%) predict a decline; while the remaining 36 people (13%) think prices will move sideways.
What about you, what do you think about the gold price trend this week?
XAUUSD under selling pressure: Will Gold’s downtrend continue?At the end of the last trading session, XAUUSD continued its downward trend, currently quoted at 3037 USD, corresponding to a 2.46% decline on the day.
The main reason for this decline is the escalating trade war, which has raised concerns about a global economic recession, leading to panic and a sell-off in gold to cover losses from other assets. Additionally, the recovery of the USD during the day also put pressure on gold.
Meanwhile, Federal Reserve Chairman Jerome Powell stated that President Donald Trump's new tariffs are "larger than expected" and that the new tax policies could have stronger-than-anticipated effects on the U.S. economy, increasing inflation and slowing economic growth.
Therefore, the current environment remains risky for XAUUSD, and as long as the resistance levels within the downward trend channel are protected by the sellers, our target price will be limited to the lower boundary of the descending channel.
What about you? Do you think gold will continue to fall?
GOLD --> Reducing "shock" makes many people bewilderedHello, dear friends, it's great to see you again to discuss gold today.
Yesterday, gold just experienced a "shocking" price drop. The precious metal plummeted vertically from 3136 to 3015 USD, equivalent to more than 800 pips in just a few hours when the market announced the news.
The recent continuous decline in gold is believed to be due to the release of the U.S. Nonfarm Payrolls (NFP) report. Specifically, the positive Nonfarm Payrolls (NFP) report with 228,000 jobs (forecast of 135,000) created optimism about the U.S. economy, strengthening the USD and pushing gold prices down. Escalating trade tensions due to Trump's announcement of new tariffs also made traders worry about a global economic recession, leading to panic and gold sell-offs to cover losses from other assets.
From a technical perspective, the decline in gold is marked by the formation of a price channel and signs of a reversal from the EMA 34, 89. The recent bottom formation is considered a short-term correction, and the current price adjustment is expected to continue until it reaches the Fibonacci retracement level of 0.5 - 0.618. We can expect gold to continue declining after this consolidation phase. Selling is the preferred option, my friends!
What about you? Do you think gold will continue to fall?
EURUSD: Struggling to maintain the 1.115 peak amid USD pressureHello dear friends!
Recently, EURUSD has faced difficulties in maintaining the peak of 1.115. The bullish momentum of EURUSD has been hindered by the Non-Farm Payroll (NFP) report, which again shows that the strength of the U.S. economy has recovered, leading to an increase in the USD, putting significant pressure on EUR/USD.
As mentioned on the 4-hour chart, although the bullish trend on the fundamental basis is still technically supported, there are signs indicating a potential peak forming at 1.115. The current support level is around 1.095. If this level is broken, EURUSD may continue to decline, potentially reaching the 1.083 mark, coinciding with the EMA test of EURUSD.
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BTCUSDT: Signs of discounts are still noticeableBINANCE:BTCUSDT breaking below the support of the local rising wedge on the basis of a downtrend (falling wedge) has been formed. And now there is no reason for Bitcoin to move higher or to be honest:
"Just focus on selling because the risk of buying at this moment is high due to the newly announced reciprocal tariffs by President Trump, highlighting the increasing risk of Bitcoin in relation to macroeconomic uncertainties. I think we will drop much lower than 76,000 USD, as you may know from my previous analysis."
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XAUUSD: Continuing the journey to increase sharply?Hello to all speculators!
After carefully examining our 1-hour chart, it is evident that the uptrend remains intact. Despite some minor corrections, the upward momentum persists, especially after gold successfully broke through the previous resistance barrier. There are no signs of slowing down, indicating that the global uptrend foundation remains solid. A potential new bullish wave may emerge at this high level, continuing the long-term upward trend observed in recent weeks.
Gary's target is to surpass the peak of $3,167 and aim for new highs in the near future.
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Gold trading on April 3, 2025Market Summary:
The market was shaken as Trump imposed a 10% tariff on imports, triggering fears of a trade war after China announced retaliatory measures. This sparked concerns over a potential economic downturn, pushing gold prices to record highs as the USD faced heavy selling pressure.
Investors, worried about a recession, are now pricing in a 70% chance of a Fed rate cut in June. Bond yields fell as the USD remained under pressure. Meanwhile, ADP data showed 155K new jobs, but it failed to support the USD.
Trading Plan:
XAUUSD Buy Zone: 3082 - 3080
Stop Loss (SL): 3077
Take Profit (TP): 3085 - 3088 - 3095 - Open
Wishing everyone an amazing trading day!
EURUSD: Bulls Take ControlEURUSD has broken out of the parallel descending channel that existed over the past few days, thanks to positive economic data in the market at the end of Thursday's trading session.
Currently, the currency pair is moving in a consolidation pattern around the new support level at 1.0789, and the potential for further upside is considered high due to support from the confluence zone between EMA 34 and EMA 89.
The next targets are expected to aim for resistance levels at 1.082 and 1.085.
Wishing you smooth and successful trading!
GOLD: 500 pips trading strategy !Fundamental Insight:
Gold surged to a new all-time high above $3,070 during the Asian session on Friday, driven by escalating global trade tensions, uncertainty surrounding Trump-era tariffs, and a strong wave of risk-off sentiment fueling demand for safe-haven assets.
Additionally, increasing bets that the Federal Reserve will soon resume its rate-cutting cycle have provided further support to the precious metal.
Brian’s Personal Comment:
Gold successfully broke above the $3,036 resistance level and closed candles above the recent highs, signaling a bullish structure on the H1 timeframe. However, to ensure safer trading, it’s advisable to wait for a clearer trend setup or a minor pullback before entering long positions.
Gold Trading Setups:
🔹 BUY XAUUSD:
Entry: 3059 – 3057
SL: 3055
TP: 3062, 3065, 3069
🔹 BUY XAUUSD:
Entry: 3050 – 3047
SL: 3044
TP: 3053, 3056, open target
Technical Analysis:
Based on the 34 & 89 EMAs and clear support-resistance zones, these buy setups align with the current bullish momentum. Pullbacks to EMA zones offer good re-entry opportunities, especially when price respects structure and bullish candle formations are confirmed.
Gold is about to set a new ATHGOLD INFORMATION:
Gold prices surged to a record high above $3,100/ounce, marking one of the strongest rallies in the precious metal's history. The upward momentum is driven by multiple factors, including increased safe-haven demand due to concerns about the impact of upcoming US tariff policies, strong demand from central banks, expectations of Federal Reserve (Fed) interest rate easing, geopolitical instability in the Middle East and Europe, and increased capital flows into gold-backed exchange-traded funds.
Additionally, investor demand for gold is rising sharply, as evidenced by increasing inflows into exchange-traded funds, with weekly inflows reaching their highest levels since March 2022, signaling a rush into the precious metal.
BRIAN's Personal Commentary:
The context of everything from technical to political and economic factors is supporting gold price increases in the first quarter of 2025. Gold prices are likely to achieve their highest growth rate in history.
Gold Setup:
XAUUSD BUY ZONE 3133-3130
SL: 3126
TP: 3135-3137-open
Technical Analysis:
Based on technical indicators EMA 34, EMA89 and support resistance zones to establish reasonable BUY orders.
IMPORTANT NOTE:
Note: Brian wants traders to manage their capital well
- Use appropriate lot sizes according to your capital
- Take profit at 4-6% of account capital
- Cut losses at 2-3% of account capital
GOLD --> Increased economic risks increase interest rates.OANDA:XAUUSD the sharp increase is driven by high interest rates fueled by rapidly rising economic risks, mainly related to Trump's tariff war. For selling, risks remain very high, with stock market and cryptocurrency declines only adding to interest in this metal.
The market is seeking safety in traditional value storage channels amid speculation surrounding US President Donald Trump's tax plans on "Liberation Day", April 2. With the WSJ reporting that Trump may impose global tariffs of up to 20% on most US trading partners. This could increase inflationary and stagflationary pressures, weakening the dollar and US Treasury bond yields, supporting gold prices.
This week, all eyes are on Trump's speech on Wednesday, PMI data, non-farm payrolls report and Powell's speech.
Technically, selling is not recommended at this time due to high risks - for buying, we should wait for price corrections to key support levels.
Emphasizing the key point that we are not talking about any trend reversals at this time. It's worth waiting for local corrections or consolidation, the market will mark important levels, liquidity zones or imbalances where you can build trading strategies. Gold will continue rising due to strongly increasing risks.
Gold --> Consolidation before the news. Increase trendOANDA:XAUUSD entering a strong growth phase after a false breakout from support as part of the correction process. The previous high at 3127 is now acting as a robust support for buyers. Strong news is about to be released...
Fundamentally, the market is shifting towards defensive assets amid speculation from the WSJ that Trump is considering imposing global tariffs of up to 20% on most of the United States' trading partners while rejecting plans to scale back tariffs. This could create inflationary pressure and stagnation, weakening the dollar and bond yields, thus supporting gold prices.
Central banks and investors continue to build positions in gold, but there may be some adjustments before the announcement of tariffs and the release of U.S. economic data. Theoretically, any reaction to U.S. data is likely to be short-lived, as the main event risk on the so-called 'Liberation Day' is Trump's major tariff revelation.
The strong resistance level is at 3135. A breakout and consolidation above this level would foster continued growth. However, given the upcoming news, gold may test the area of interest and liquidity between 3025-3020 before further advancing.