GOLD surges to weekly targets, eyes era levelsSpot gold prices have surged on the back of US President Trump’s tariff announcement. Gold prices rose as much as 3.9% on Wednesday as markets were volatile, before closing up 3.4%. At the time of writing today, Thursday (April 10), gold is up as much as $44, or 1.4%, on the day.
Gold prices posted their biggest one-day gain in 18 months on Wednesday as confusion over US President Donald Trump’s tariff agenda prompted investors to buy the precious metal as a safe-haven asset, Bloomberg reported.
But after China announced plans to retaliate with 84% tariffs on US products starting Thursday, Trump immediately raised tariffs on China to 125%. The moves raised concerns that the world's two largest economies were heading toward a full-blown trade war.
Stock markets rallied after Trump announced the tariff suspension. US stocks had their best day since the financial crisis, with the S&P 500 index rising nearly 10% after falling to the brink of a bear market last week.
Bloomberg said the US government's erratic tax plans have shaken the world as investors look for direction and certainty. That has supported gold prices overall, with prices up 18% this year. Expectations of further monetary easing by the Federal Reserve and central bank gold purchases have also boosted prices.
Gold has gained more than $400 this year, hitting an all-time record of $3,167.57 an ounce on April 3.
Minutes from the Federal Reserve's March meeting showed policymakers almost unanimously warned last month that the U.S. economy faces the risk of rising inflation while economic growth slows. Some policymakers noted that there could be "difficult trade-offs" ahead.
According to CME Group's FedWatch tool, traders see a 72% chance that the Fed will cut interest rates in June. Gold itself does not generate interest rates, and will perform well in a low-interest-rate environment.
Investors are now looking to the U.S. consumer price index (CPI) due out today (Thursday) for further trading information.
Technical outlook analysis OANDA:XAUUSD
On the daily chart, gold surged to hit all the weekly upside targets noted and readers in the weekly publication at $3,056 in the short term and then the full price point of $3,100. Looking ahead, gold only has a $3,150 size creature to break to set a new all-time high or more.
The relative strength index (RSI) is building, signaling bullish energy in the near term, as long as gold remains in the price channel, the declines should only be limited corrections and not a trend.
As we have noted to our readers throughout our articles since Trump returned to the White House, dips can be viewed as buying opportunities.
And for the day, the notable positions for the bullish picture on the technical chart of gold will be listed again as follows.
Support: 3,103 – 3,100 – 3,056 USD
Resistance: 3,150 – 3,167 USD
SELL XAUUSD PRICE 3192 - 3190⚡️
↠↠ Stoploss 3196
→Take Profit 1 3184
↨
→Take Profit 2 3178
BUY XAUUSD PRICE 3050 - 3052⚡️
↠↠ Stoploss 3046
→Take Profit 1 3058
↨
→Take Profit 2 3064
Metals
Gold Jumps 3% on U.S.-China Tariff BattleGold jumped over 3% to above $3,095 per ounce on Wednesday as U.S.-China trade tensions escalated. President Trump announced a 90-day tariff pause and a reduced 10% rate for all but China, which now faces a 125% tariff. Treasury Secretary Bessent said the lower rate would apply during talks, excluding China and some sectors. In response, China raised tariffs on U.S. goods to 84%, and the EU approved levies on €21 billion worth of American exports. Fed minutes showed policymakers expect higher inflation from tariffs but remain uncertain about its scale and duration.
Supporting gold’s rally further, the World Gold Council reported that gold-backed ETFs attracted 226.5 metric tons in inflows during Q1, totaling $21.1 billion in value.
Key resistance is at $3,135, followed by $3,165 and $3,200. Support stands at $3030, then $3010 and $2956.
Hanzo | Gold 15 min Breaks – Will Confirm the Next Move🆚 Gold
The Path of Precision – Hanzo’s Market Strike
🔥 Key Levels & Breakout Strategy – 15M TF
🔥 Deep market insight – no random moves, only calculated execution.
☄️ Bullish Setup After Break Out – 3008 Zone
Price must break liquidity with high volume to confirm the move.
☄️ Bullish Setup After Break Out – 3060 Zone
Price must break liquidity with high volume to confirm the move.
🩸 15M Time Frame Confluence
————
CHoCH & Liquidity Grab @ 3059
Key Level / Equal lows Formation - 3014
Strong Rejection from 3014 – The Ultimate Pivot
Strong Rejection from 3060 – The Ultimate Pivot
Strong Rejection from 3082 – The Ultimate Pivot
🔥 1H Time Frame Confirmation
Twin Wicks @ 3055 – Liquidity Engineered
Twin Wicks @ 3060 – Liquidity Engineered
Twin Wicks @ 3014 zone – Liquidity Engineered
☄️ 4H Historical Market Memory
——
💯 3 Apr 2025 – Bullish Retest 3054
💯 27 march 2025 – Bullish Retest / Spike 3054
💯 26 March 2025 – Liquidity Grab Range 3016 : 3010
👌 The Market Has Spoken – Are You Ready to Strike?
Skeptic | GOLD: Is the Uptrend Over… or Just Taking a Breather? Welcome back, guys! 👋 I'm Skeptic.
Today, we're diving deep into XAU/USD , breaking down the current structure and upcoming trade opportunities. 🔍
Recap & Current Structure:
As mentioned in our previous analysis , after the recent uptrend, we've entered a corrective phase. This correction coincides with rising economic tariffs from the U.S. and retaliatory tariffs from the EU and China—particularly targeting U.S. goods.
Interestingly, gold, which is typically considered a safe-haven asset, also experienced a decline. This raises a red flag: when even gold falls, it signals that markets are likely pricing in an economic slowdown . Everyone seems to be chasing liquidity.
The recession risk is very real, so trade cautiously until a clear trend emerges. Right now, the market is in a state of uncertainty. Given the sharp declines in stocks, gold, and silver, we could see range-bound movement or consolidation this week—and possibly into the next.
Despite this, the major daily trend for gold remains upward , although momentum has clearly weakened. If we see a lower high and a confirmed break below support at 2958.53 , that would significantly shift the outlook—potentially leading to a deeper correction or even a trend reversal, especially in case of broader economic recession signals.
Let’s zoom into the 1H timeframe for actionable trade setups:
📈 Bullish Scenario (Long Setup):
- Trigger : Break & close above 3039.58
- Confirmation : 7 SMA below the candle during breakout + RSI climbing above OB
- Invalidation : Rejection and close back below 2994.10
📉 Bearish Scenario (Short Setup):
- Trigger : Rejection at 3019.98 followed by a drop below 2958.51
- Confirmation : RSI entering oversold
⚠️ Key Notes:
- Risk Management: Avoid overleveraging. Wait for clear confirmations before entering any trade.
Stay sharp, stay Skeptical, and I’ll catch you in the next analysis!
Silver H4 | Pullback resistance at 61.8% Fibonacci retracementSilver (XAG/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 31.98 which is a pullback resistance that aligns with the 61.8% Fibonacci retracement.
Stop loss is at 33.30 which is a level that sits above the 78.6% Fibonacci retracement and a pullback resistance.
Take profit is at 30.49 which is a pullback support.
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GOLD → Bounce back to accumulate energy before growthFX:XAUUSD confirms interim bottom at 2970 after a false breakdown and as part of the escalating trade war, price is strengthening from support to the important medium-term level of 3054.
Further dynamics will depend on the market reaction to the minutes of the March Fed meeting and the introduction of reciprocal tariffs between the US and China. The introduction of 104% duties on Chinese goods increases trade tensions, reduces investor confidence and supports the price of gold against the background of a weakening dollar. Even with the Fed's cautious rhetoric, gold may keep rising due to the escalating trade war.
The medium-term situation depends on the Fed (namely hints or actions on rate cuts), the trade war and negotiations on the situation in Eastern Europe
Resistance levels: 3054, 3077, 3099
Support levels: 3033, 3013 (0.5f), 2995
Since the opening of the session (the price has passed the daily norm) gold has exhausted the technical potential and the 3054 area may push the price down (false breakout). As part of a technical pullback, gold may test 3033 - 3013 before looking at upside attempts again.
Additional scenario: pullback to the fvg zone (0.7 - 0.79 fibo) before further growth.
Regards R. Linda!
Hellena | GOLD (4H): LONG to resistance lvl 3100 (wave B).Colleagues, at this point I have redrawn the waves a bit and realized that the upward movement is not over yet, but a rather large correction is possible within waves “ABC” and if wave ‘A’ is finished or almost finished, I expect wave “B”. I believe that the price will reach the level of 3100. After that a reversal and continuation of a small downward movement is possible.
But for now I would look at long positions.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
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!
Gold Faces Key Resistance – Will the Uptrend Continue?📊 XAU/USD Daily Technical Outlook – April 10, 2025
Gold has recently seen a strong rally, reaching an all-time high of $3167 per ounce. However, it encountered significant resistance at the upper boundary of its ascending channel, leading to a sharp pullback after the release of strong U.S. employment data, which boosted the dollar and exerted selling pressure on gold.
Currently, gold is trading around $3050, with key support levels at $2956, $2860, and $2790, which could act as potential bounce points if the decline continues.
📈 Current Market Structure:
After reaching the all-time high, the price has corrected lower. As it approaches the support levels mentioned above, the market may see fresh buying opportunities if these levels hold strong.
🔹 Key Resistance Levels:
$3100: Immediate resistance. A break above this level could signal a resumption of the uptrend.
$3167: All-time high. A breakout above this level would open the door for further gains.
🔸 Key Support Levels:
$2956: First support. The price may bounce at this level if it holds.
$2860: Major support. A failure to hold above this level could lead to further declines.
$2790: Strong support. A drop below this level would signal a shift in the market's direction.
📐 Price Action Patterns:
As the price approaches key support levels, there could be reversal patterns forming, indicating a potential price bounce. It’s crucial to monitor the price action at these levels to spot potential entry opportunities.
🧭 Potential Scenarios:
✅ Bullish Scenario:
If gold manages to hold above $2956 and bounce, the uptrend may resume toward the resistance levels mentioned above.
❌ Bearish Scenario:
If gold fails to maintain the key support levels, the correction could continue, with further declines toward lower support levels.
📌 Conclusion:
Gold is currently testing crucial support levels. Monitoring how price behaves at these levels will be key to determining the next direction. Traders should keep an eye on any economic developments that may affect market sentiment.
💬 What’s your outlook for Gold? Will it continue its uptrend or experience further corrections? Share your thoughts below.
Today analysis for Nasdaq, Oil, and GoldNasdaq
The Nasdaq closed with a sharp surge following news of a possible delay in Trump’s tariff implementation. A 12% single-day rally on the daily chart is unprecedented — it was an extraordinary rise. On the daily chart, the 20-day moving average is acting as resistance, and to fully fill the April 3rd gap-down, the index would need to rise to around 19,750. If the Nasdaq continues to climb and fills that gap, a potential pullback should be anticipated.
Although the MACD has turned sharply upward in a V-shape, it hasn't fully broken above the Signal line yet. Given the rapidly changing global conditions, the possibility of a reversal still exists. However, since the 90-day tariff delay has been confirmed, the market may be entering a phase of relative stability. On the weekly chart, we see a sharp rebound that has brought the index up to the 5-week moving average. Both the Nasdaq and the VIX suggest that today could be a range-bound (sideways) session, so it's better to set wider trading ranges and adopt a box-range trading strategy.
On the 240-minute chart, a double bottom pattern has formed, with the MACD bouncing off the Signal line and rising again. The MACD is trending upward, but the Signal line remains below the zero line, which means a short-term pullback could still occur. Overall, it is advisable to use a buy-low, sell-high approach, with more upside potential still open. Also, today’s CPI report is scheduled, so please be mindful of increased volatility around the data release.
Crude Oil
Crude oil rebounded sharply from the $55 level, showing an impressive 12% range between high and low. However, the sell signal remains active. The price has broken above the 5-day moving average and entered a box range between the 5- and 10-day MAs, suggesting that a moving average-based box strategy would be effective.
On the weekly chart, oil has not yet reached the 5-week MA, so there’s still room up to the $65 level, which has historically served as strong resistance. Around that area, it might be more effective to consider short positions. On the 240-minute chart, the MACD showed signs of a third wave down, but failed to make a new low — signaling bullish divergence. A head-and-shoulders inverse pattern may be forming, with the right shoulder potentially developing around the $59–$60 zone. Overall, the strategy should remain range-based, with some more room to the upside.
Gold
Gold also closed sharply higher, benefiting from the tariff delay news. On the daily chart, the price closed higher, giving the illusion of a support bounce off the lower Bollinger Band, as that band is rising. The MACD remains above the zero line, so there’s still room for a retest of the Signal line, but given the current gap between MACD and Signal, the price needs to either rise further or move sideways to bring the MACD closer and potentially break above the Signal line.
If it fails to rise from here, the MACD may turn down again, so avoid chasing the price upward. Like Nasdaq and oil, gold is heavily influenced by global developments, so stay updated on the geopolitical landscape. On the 240-minute chart, gold formed a triple bottom around the 2,980 level and then rebounded strongly. The MACD is trending upward and pulling the Signal line along with it, but resistance around the 3,130 level remains significant. Gold may see increased volatility from today’s CPI report and tomorrow’s PPI release, so stay alert.
Market Summary
The market has been showing signs of irrational behavior. Investor sentiment is extremely volatile and driven more by emotion than logic. In times like this, it’s more important than ever to stick to the basics, shorten trade duration, cut back on risk, and trade with discipline. The more you chase after gains, the more likely your trades will be swept away by market turbulence.
Warren Buffett is considered a legend in the financial markets precisely because he has always stuck to fundamental principles. Likewise, it is crucial to establish and stick to your own trading principles to survive in the markets. If you haven’t yet experienced the kind of volatility we saw during the Trump era or the pandemic, this is a time to be especially cautious and defensive in your approach.
Wishing you another day of successful trading
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SPY/QQQ Plan Your Trade For 4-9 : Top/Resistance UpdateToday's big rally, prompted by Trump's Tariff comments, presents a real learning opportunity for traders and followers of my videos.
Everyone wants to know what's going to happen next.
This video will tell you what I believe is NEXT for the markets and why.
It should also reinforce the construct that price is the ultimate indicator and the use of the EPP/Cradle patterns as a mechanism for using price structure to attempt to identify where opportunities may exist.
As much as this video is an analysis of price action and a prediction of what may come next, it is also a tutorial showing you how to use price patterns, structure and context to attempt to plan for your next opportunities.
Ideally, the next phase of the market is to establish a consolidation range.
If the 480-525 lower consolidation range does not hold - then it will likely become a precursor of the July breakdown (support) level. Remember, we still have the July/Oct lows to deal with.
I fully expect the 550-575 consolidation range to become the new dominant consolidation phase for the current EPP pattern.
It makes sense to me that, absent any crazy tariff war, the most likely outcome will be for the markets to recover back to the 550-575 level and to consolidate further.
The last component we have to consider is the recent lows near 480 could have been a very quick breakdown to an Ultimate Low. If that is the case, then we'll most into a mode of seeking the next higher resistance level and I believe the 550 or 575 level would be the obvious next resistance level.
So, at this point, I believe the continuation of the Excess Phase Peak pattern is likely, but the price is actively seeking the consolidation range between the lower consolidation level and the upper consolidation level.
Price MUST establish the consolidation range, or INVALIDATE this pattern, in order to move onto the next pattern/phase.
Get Some..
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GOLD TO 4000$HELLO TRADERS
As i can see chart fib retracment to golden ratio is performed beautifully and now its time to load up ur bags for more bullish on gold as we can see Trump Trade War and geopolitical movements around the world is an great oppritunity for Gold bulls and investors always choose safe haven highly volotile markets in these days so trade carefully make a proper research befor taking any trade tomorrow CPI can mainpulate many retail tradres so always follow the levels each dip is an oppritunity Share ur thoughts with us on Gold chart
Stay tuned for more updates
Zinc (ZINC) – Technical Analysis 1WThe price has broken below the 1W trendline, confirming a bearish scenario. After a fake breakout, the price moved downward and is now targeting 2551 and 2283. A breakdown below these levels could accelerate the decline. RSI shows weakening momentum, MACD signals a bearish crossover, and EMA 50/200 suggest further downside. Fundamentally, zinc prices depend on industrial demand, macroeconomic conditions, and USD strength. The main scenario is a drop to 2551 and 2283, while a recovery above 2900 could push prices toward 3100.
SILVER Risky Short! Sell!
Hello,Traders!
SILVER is surging up again
But is about to enter a wide
Supply area around 31.40$
From where a local bearish
Correction is likely to take place
Sell!
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Gold Hits Key Support – Reversal Ahead or More Fall?Gold ( OANDA:XAUUSD ) has entered a Correction phase after losing its ascending channel . Now, if you are in a Short position , this post will help you know where to take profit on your position or if you are looking for a Long position for gold , what area is suitable .
Gold is approaching an important Support zone($2,956-$2,917) that I don't think can be broken within a first attack . What do you think?
In terms of Elliott waves , Gold appears to be completing a bearish wave 5 , which appears to be able to complete at the Support zone($2,956-$2,917) .
I expect Gold to start rising again from the Support zone($2,956-$2,917) and to at least rise to $3,000 again and get close to the Resistance zone($3,058-$3,021) . It is likely to fall again after this move .
In your opinion, has Gold started a major correction, and to what price can this correction continue?
Note: If Gold can touch $2,890, we can expect further declines.
Note: Because the downward momentum is currently high, it is likely that wave 5 will also complete near $2,913, and we will see a fake break of the Support zone($2,956-$2,917).
Gold Analyze ( XAUUSD ), 4-hour time frame.
Be sure to follow the updated ideas.
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