GOLD INTRADAY bullish continuation supported at 3028Gold maintains a bullish sentiment, in line with the prevailing uptrend. Recent intraday price action suggests a corrective pullback, potentially retesting the previous consolidation zone for support.
Key Level: 3028
This zone represents a significant area of prior consolidation and now acts as a key support level.
Bullish Scenario:
A pullback toward 3028 followed by a bullish bounce would confirm continued upside momentum. Immediate resistance targets include 3141, with extended upside potential toward 3167 and 3198 over the longer term.
Bearish Alternative:
A confirmed breakdown and daily close below 3028 would negate the current bullish outlook. This would open the door for a deeper retracement toward 3020, followed by 3000 and 2974.
Conclusion:
Gold remains technically bullish while trading above 3028. A successful retest and rebound from this level would support further upside. However, a daily close below 3028 would shift sentiment bearish in the short term, increasing the risk of a deeper correction.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Metals
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?
GOLD Will Fall! Short!
Please, check our technical outlook for GOLD.
Time Frame: 8h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 3,035.98.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 2,937.76 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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High Risk, High Reward: Shorting ATH in a Bullish Copper Market.Copper just broke above its all-time high, triggering my short entry at 5.3010. While the macro trend is undeniably bullish, past price action has shown that each major high was followed by aggressive selloffs. This might not be the case this time – but that’s exactly why we have a stop-loss in place.
This is a tactical counter-trade: not about fighting the trend but playing a potential rejection from a psychological and technical key zone. Let’s see if history rhymes or the red metal keeps melting resistance!
Technicals:
• Daily timeframe breakout above ATH triggered the short at 5.3010.
• Strong vertical rally into major supply – parabolic move often cools down.
• Previous ATH levels have consistently attracted heavy selling.
• If price invalidates with a continuation above 5.61, the setup is out.
• Volatility around this zone is expected – precision and SL management are key.
Fundamentals:
1. Trump’s Proposed Copper Tariffs:
• Tariffs of up to 25% could disrupt global trade flow and introduce price instability.
• Market already priced in a bullish narrative, so any delay or uncertainty could spark a correction.
2. Panama’s Cobre Mine Shutdown:
• The mine accounts for 1% of global supply, and uncertainty around reopening may already be priced in.
• The government is holding off public visits, which adds operational risk but no clear bullish resolution yet.
3. China Smelter Closures:
• While bullish in nature, these are known factors – any shift or reversal from China could cool the demand-side speculation.
4. Overbought Sentiment:
• Prices surged rapidly, creating a gap between LME and NY copper prices, reaching record spreads.
• Speculative exhaustion could trigger a short-term pullback or deeper correction.
Risk-Managed Play. Let’s see if this time is different – or just the same old Copper story in a new macro wrapper.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
DeGRAM | GOLD retest of the channel boundaryGOLD is in a descending channel between trend lines.
The price is moving from the dynamic support, which has already acted as a rebound point.
The chart has already consolidated above the support level and returned to the channel.
We expect a rebound after consolidation above the 50% retracement level.
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Silver’s Deep Retrace: Long Setup with Bullish Potential I’ve entered a long trade on Silver (XAG/USD) after observing a deep retrace to the 0.7 Fibonacci level on the daily timeframe. The entry at $28.96 is positioned strategically based on historical support and the current technical setup.
The stop loss is set at $26.54 to mitigate risk, while the take profit target is $36.00, aligning with a potential bullish continuation. In the bearish scenario, a break below $27.50 will prompt a reassessment and tighter risk management. Conversely, on the bullish side, breaking above $32.50 will strengthen the case for holding towards the TP.
Silver’s price action showcases its potential for a significant bounce back, supported by current geopolitical and macroeconomic conditions.
Fundamentals:
1. Federal Reserve’s Hawkish Stance:
The Fed’s updated projections for rate cuts in 2025 have pressured silver prices, as a stronger dollar and rising Treasury yields (above 4.5%) diminish the appeal of non-yielding assets. However, easing inflation in the long term could rejuvenate demand for precious metals.
2. Geopolitical Tensions:
Although silver traditionally benefits from uncertainty, recent macroeconomic headwinds, such as concerns about tariffs under the new Trump administration and sluggish global economic recovery, have overshadowed its safe-haven status.
3. Industrial Outlook:
Challenges in the industrial demand for silver, particularly from China’s solar panel production slowdown, add pressure. However, as inflation stabilizes and geopolitical risks unfold, silver could regain its industrial and safe-haven allure.
Technicals:
• Entry: $28.96
• Stop Loss: $26.54
• Take Profit: $36.00
• Key Levels:
• Bearish Scenario: Manage position below $27.50.
• Bullish Case: Strength above $32.50 confirms upward momentum.
This setup leverages a confluence of technical retracement, macroeconomic factors, and the potential for a trend reversal. Stay sharp and pay yourself as the market unfolds.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
SILVER SENDS CLEAR BULLISH SIGNALS|LONG
SILVER SIGNAL
Trade Direction: long
Entry Level: 3,050.2
Target Level: 3,274.5
Stop Loss: 2,899.9
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 8h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Gold Gets Technical Sell Signal Amid Stock Market DownturnGold has triggered a sell signal based on a MACD system that has historically shown a 75% success rate since the major 2011 top. Out of eight total signals, six have worked, capturing an average downward move of 21.15%. While recent signals during the bull market have delivered more modest results, they have still successfully flagged key corrections. The latest signal appears to be working as well, though uncertainty in global markets remains high, and traders should proceed with caution.
The signal itself is simple: when the difference between the MACD and its signal line rises above 20, the likelihood of a correction increases.
While many market participants expect gold to rally during equity market crashes, history shows that in particularly sharp downturns, gold can initially follow the broader market. This is often due to rising margin calls and gold’s high liquidity, making it a common source of cash. However, this time, elevated short positions might help limit the downside risks for gold.
Silver H4 | Heading into a pullback resistanceSilver (XAG/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 30.83 which is a pullback resistance.
Stop loss is at 32.20 which is a level that sits above the 61.8% Fibonacci retracement and a pullback resistance.
Take profit is at 28.80 which is a multi-swing-low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Silver Rebounds Sharply on Risk AversionSilver rebounded Monday, rising 2.3% to $30.22 an ounce after hitting a seven-month low. The recovery followed sharp market volatility and recession fears from rising U.S.-China trade tensions. While silver benefits from safe-haven demand, its industrial use remains a weakness. Broader market sell-offs could keep price action choppy, but intensified risk aversion and Fed easing could support silver demand.
If silver breaks above $30.90, resistance levels are at $31.40 and $32.50. Support stands at $29.00, followed by $28.40 and $27.50.
DeGRAM | GOLD reached the lower boundary of the channelGOLD is in an ascending channel between the trend lines.
The price has already reached the lower boundary of the channel.
The chart is forming a descending structure and is holding under the 50% retracement level.
We expect the decline to continue.
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Gold Stabilizes Near 3-Week LowGold steadied around $3,030 per ounce on Monday after falling over 1% to a three-week low. The drop sparked speculation that investors were taking profits or covering losses amid broader market declines driven by recession fears from escalating trade tensions. Fed Chair Jerome Powell warned that tariffs could raise inflation and slow growth, underscoring challenges for policymakers.
Key resistance is at $3,050, followed by $3,085 and $3,105. Support stands at $2,980, then $2,930 and $2830.
GOLD WEEKLY OPEN – Sentiment-Driven Marke🟡 GOLD WEEKLY OPEN – Sentiment-Driven Market as Asian Sellers Hit Early
Gold kicked off the new week with a sharp drop during the early Asian session, falling over 40 points from last week’s highs into the 297x zone — a move that reflects lingering sell-side pressure from last Friday’s close.
However, price quickly rebounded nearly 40 points, showing clear buy-side interest at the 297x zone — which acts as a key structural support on the H4 and D1 timeframes.
📌 If price breaks below this level convincingly, it could trigger a deeper move toward 295x.
🔍 Technical Breakdown:
The overall structure on H4 and D1 remains bullish
But right now, investor sentiment is leading, not just technicals
On H1 and H2, price is reacting to the 0.5 Fibonacci retracement zone
If gold closes below 3030, we could see another leg down into the 295x area
🧠 Sentiment Is In Control (For Now)
So far, only Asia and Australia have shown their hand
We’re waiting on London and New York to step in before confirming trend direction
With price whipping around inside a broad range — only trade from key zones with clear price reaction
🧭 Key Technical Zones:
🔺 Resistance:
3055 – 3076 – 3107
🔻 Support:
3024 – 3005 – 2970 – 2952
🎯 Trading Plan:
🟢 BUY ZONE: 2980 – 2978
SL: 2974
TP: 2984 – 2988 – 2992 – 2996 – 3000
🔴 SELL ZONE: 3076 – 3078
SL: 3082
TP: 3072 – 3068 – 3064 – 3060 – 3056 – 3050
📅 What To Watch This Week:
This week brings major market movers:
CPI → PPI → Fed speakers — all lined up midweek.
→ Be selective with your trades and keep tight risk control.
AD will continue updating intraday zones across sessions.
✅ Trade smart. Respect your risk. Let the market come to you.
— AD | Money Market Flow
Gold D1 | Falling toward a pullback supportGold (XAU/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 2,954.81 which is a pullback support that aligns close to the 38.2% Fibonacci retracement.
Stop loss is at 2,828.00 which is a level that lies underneath a swing-low support and the 50.0% Fibonacci retracement.
Take profit is at 3,134.30 which is a swing-high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
XAU/USD Analysis Update – Bullish MomentumXAU/USD Analysis Update – Bullish Momentum in Play
Gold has shown strong bullish momentum, currently trading at $3037 after a powerful rejection from the supply zone at $3017. It has successfully broken the previously long-standing resistance at $3033, confirming a potential shift in market sentiment.
With this breakout, I expect gold to continue its upward movement toward the following targets:
TP1: $3065 – where a major trendline resistance is in play.
TP2: $3100 – upon a successful break and close above $3065.
Note: A short-term retracement toward $3026 is possible before the bullish rally resumes.
Stay alert and manage risk accordingly. Price action and structure are favoring the bulls for now.
gold sell setup bearish rejection zone 3036🔻 Gold Sell Setup - Bearish Rejection Zone (3026) 🔻
This is a potential short (sell) setup for Gold (XAUUSD) around the 3026 level. The price is showing signs of rejection near a key resistance zone. The setup is based on a clear structure with multiple take profit (TP) levels and a well-defined stop loss (SL), offering a favorable risk-to-reward ratio.
📌 Sell Entry: 3026
🎯 Take Profits:
TP1: 3024
TP2: 3022
TP3: 3020
TP4: 3018
🛑 Stop Loss: 3036
🧠 Analysis Insight:
The price has tested the resistance zone multiple times and failed to break above it, indicating possible exhaustion of bullish momentum. If price holds below 3026, we can expect a bearish push towards the take profit targets. A break above 3036 would invalidate this setup.
📉 Trade with proper risk management and watch for confirmation before entering.
📉 Trade with proper risk management and watch for confirmation before entering.
We Have direction. We wait on confirmation! GOLD!Looking for price to give is a little more indication that it wants to continue bullish. We have areas to fill on larger time frames before it gives us a stronger play for bigger moves. Just have to be patient and wait for price to give us more solid indication. As Always #NOFOMO!
GOLD MARKET ANALYSIS AND COMMENTARY - [April 07 - April 11]This week, the price of OANDA:XAUUSD increased sharply from 3,076 USD/oz to 3,168 USD/oz, then made a "reverse" move to 3,015 USD/oz and closed this week at 3,038 USD/oz.
The reason why the price of gold increased sharply to 3,168 USD/oz in the trading session on April 3 was because US President Donald Trump decided to impose reciprocal taxes from 10% to 49% on many trading partners. However, it was also because of the tariff issue that caused the gold price to break the upward trend right after the Trump administration announced a list of tariff exemptions for many goods.
Meanwhile, many countries have also proactively negotiated with the US to reduce import taxes on US goods, import more goods from the US to contribute to gradually balancing the trade balance with the US so that the Trump administration can remove tariffs.
In addition, the US non-farm payrolls (NFP) data for March unexpectedly jumped to 228,000 jobs, much higher than the forecast of 137,000 jobs. This shows that the US labor market is still positive, causing investors to believe that the FED may continue to delay cutting interest rates.
In addition, FED Chairman Powell also said that the Trump administration's recent reciprocal tariff policy will cause inflation to increase for a long time, risking pushing the US economy into recession. This implies that the FED will not cut interest rates in the upcoming meetings.
In particular, the stock market has fallen too sharply, causing investors to close profitable gold investment positions to add margin (cover losses) for stocks.
According to many experts, gold prices may continue to adjust next week, but will not fall too deeply. Because the Russia-Ukraine war and armed conflicts in the Middle East are still complicated. Moreover, China has just imposed an additional 34% tax on all US goods. Without hesitation, Canada also imposed a 25% import tax on all cars imported from the US that are not eligible for preferential treatment in the US-Mexico-Canada Agreement (USMCA). If more countries retaliate against the US like China and Canada, the trade war will become increasingly heated, pushing the world economy into instability, increasing the role of gold as a safe haven.
🕹SOME DATA THAT MAY AFFECT GOLD PRICES NEXT WEEK:
Inflation and the Fed will be back in the spotlight next week, with the release of the minutes from the Federal Open Market Committee’s (FOMC) March monetary policy meeting on Wednesday. This will be followed by the US consumer price index (CPI) report for March on Thursday, and the producer price index (PPI) on Friday. Friday morning will also see the latest preliminary survey of consumer sentiment from the University of Michigan – a key indicator of how Americans feel about the outlook for the economy.
📌Technically, observing the H4 chart, it is necessary to pay attention to the important support level at 3,000 USD/oz. If next week the gold price trades above this level, it can re-enter the correction phase to 3085. In case the 3000 round resistance level is broken, the gold price will continue to be under selling pressure, causing the price to drop to around 2,900-2,950 USD/oz.
Notable technical levels are listed below.
Support: 3,019 – 3,000 USD
Resistance: 3,050 – 3,056 USD
SELL XAUUSD PRICE 3093 - 3091⚡️
↠↠ Stoploss 3097
BUY XAUUSD PRICE 2988 - 2990⚡️
↠↠ Stoploss 2984
Bullish bounce off pullback suport?The Gold (XAU/USD) is falling towards the pivot which has been identifed as a pullback support and could bounce to the 1st resistance.
Pivot; 2,954.94
1st Support: 2,790.01
1st Resistance: 3,132.12
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
XAUUSD breakdown?XAUUSD possibly break below as market opened with gap and the price started to drop from the most important level. Past week with NFP price has rejected with a head & shoulder formation and signaling possible change of trend. In a way price is moving it may respect 3051.00 level and may continue to drop for possible long term change of trend.