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Xauusdlong

Gold is strong and is adjusting today!The rise and fall broke the pattern of the morning cycle, which means that this wave of unilateral rising from 3211 to 3357 can temporarily come to an end. This time the whole increase was as high as 146 US dollars, and there was no correction throughout the whole process. This kind of extreme market situation is rare in history. The bold will die of overeating and the timid will starve to death. It is very suitable for novices who have just entered the market. Blindly chasing the long position will have a miraculous effect, which is the so-called novice protection period. As the market will be closed tomorrow for Easter, gold is destined not to rise like yesterday, but will enter a period of shock correction. The price fell from 3357 to 3320 in the morning, reaching 37 US dollars. In the afternoon, we should focus on the pressure at 3342 and try to participate in the short position to see the decline. The strong pressure is at the high point of 3356-3357. If it does not break the high point during the day, we can still go short at night. The support below is 3320-3305. If it touches 3305, we can go long to see the rebound.
OANDA:XAUUSD
by NatRobin85
1
Gold trend analysis and latest forecastGold directly rushed to the 3358 line, continuing the previous upward trend. The spot gold price has once again hit a record high, breaking through 3350 US dollars for the first time. The decline of the US dollar index is close to a three-year low, triggering a sharp rise in risk aversion in the market, pushing up the gold price. The current basic trend of gold rising has not changed, and the bulls are strong. However, from the perspective of time nodes, even if you are bullish today, you must pay attention to the adjustment space at any time. Gold rose and fell. The European session did not continue to rise but fluctuated and fell. You must pay attention to the second bottoming out in the evening. In addition, the market will be closed tomorrow, Friday, and will not open normally until next Monday. Therefore, today, Thursday, we must do a good job of risk prevention; such as shorting, adjusting positions, and a series of other measures. A short-term correction or sideways consolidation is a bullish opportunity for the future market. The operation idea is still to follow the trend. Pay attention to the intraday low of 3312 and the support level of 3300 area. This is a strong support area. If it does not break, it will continue to rise strongly. If it breaks, the market will turn to shock. Look down to the 3293-3288 area, which is the 0.5 division level and the support level of the low point of yesterday's European session. If it falls below 3288, gold may accelerate its decline. Therefore, don't be too bullish today. Be bold and be cautious! Operation suggestions: Aggressive strategy: Try to buy with a light position above 3300, stop loss at 3285; Conservative strategy: Intervene after confirming that the support at 3312 is effective, and wait and see if it breaks below 3293, as the market is changing rapidly.
OANDA:XAUUSD
by NatRobin85
Gold is strong and is adjusting today!For gold today, the gold surged and then fell, breaking the pattern of the morning cycle of rise, which means that this wave of unilateral rise from 3211 to 3357 can temporarily come to an end. This time the whole increase was as high as 146 US dollars, and there was no correction throughout the whole process. This kind of extreme market situation is rare in history. The bold ones will die of overeating and the timid ones will starve to death. It is very suitable for novices who have just entered the market. Blindly chasing more will have a miraculous effect, which is the so-called novice protection period. As the market will be closed tomorrow for Easter, gold is destined not to rise like yesterday, but will enter a period of shock correction. The decline from 3357-3320 reached 37 US dollars, so focus on the pressure of 3342 and try to participate in the short position to see the decline. The strong pressure is at the high point of 3356-3357. If it does not break the high during the day, gold can still be shorted; the support below is 3320-3305. If it touches 3305, you can go long to see the rebound.
OANDA:XAUUSD
by NatRobin85
2
It is critical to grasp the entry point when stepping backYesterday, the technical aspect of gold opened in the Asian session and immediately ushered in a strong bullish pull-up. The European session broke through and stood above the 3300 integer mark and entered a strong shock consolidation. The US gold price fluctuated repeatedly and stabilized above the 3300 integer mark and ushered in an accelerated pull-up. Finally, the gold price broke through the 3320 mark in the early morning and continued to rise to around 3350 and closed strongly. The daily K-line closed with a shock break and a long positive, and the daily increase reached 120 US dollars. The overall technical form has completely entered the rhythm of bullish squeeze. At present, all technical aspects are overbought, and short-term technical indicators are distorted. The overall rise logic is greatly affected by the external risk aversion sentiment. The bullish momentum still exists, and the retracement continues to look for opportunities to go long. However, it is worth noting that Friday is Good Friday, and today's weekly close will lead to profit-taking in the market. From the 4-hour analysis, today's lower support focuses on 3310-3305, and focuses on the important support of 3293-90. This position is also the watershed between the strength and weakness of the bulls and bears during the day. Be cautious about chasing more at high levels. I will prompt you with specific operating strategies during the session, so please pay attention in time. Gold operation strategy: 1. Go long when gold falls back to 3310-3305, and add to long position when it falls back to 3288-93. The target is 3345-3350.
OANDA:XAUUSDLong
by TP_Daniel5
Gold Price Correction Alert: Watch Key Fibonacci Support as Mark Market Structure Analysis: Reversal Signal: Gold recently surged to a new high of $3,357.6, then quickly reversed and broke below the early-session low, forming a classic “bull trap” or false breakout, suggesting a technical correction could follow in the short term. Historical Pattern Recurrence: The current price action mirrors the April 11 and April 3 market structure — early strength followed by steep intraday drops. This indicates a potential trend cooling phase or consolidation window. 🔧 Key Technical Levels: Primary Support: $3,292–$3,294: 0.382 Fibonacci retracement level, also the previous session’s confirmed support and breakout point, aligning with the trend channel switch. Secondary Support Levels (if broken): $3,283 (green channel line), followed by $3,305 → $3,292 → $3,283 as downside targets. Resistance Zones: $3,356–$3,358: Recent high and primary resistance $3,344–$3,345: Intraday rebound resistance $3,330–$3,333: European session breakdown level 📊 Trend Bias: The current pullback is seen as a technical retracement within an intact medium-term bullish trend. This is considered a consolidation phase, not a trend reversal, providing opportunities for repositioning rather than exit. 🎯 Strategic Trading Guidance: For Short-Term Traders: Monitor the $3,292–$3,283 zone for support confirmation. If the area holds, consider buying on dips with tight stops for a rebound play. For Conservative Traders: Wait for a breakout above $3,333–$3,356 before entering long positions to confirm bullish resumption. Risk Management: Set clear stop-loss levels, avoid chasing breakouts, and stay disciplined amid potential volatility and fake-outs.
TVC:GOLDLong
by Falcon-Trading-Signals
Gold is bullish but not high, but be careful to adjust the risk! 📌 Driving Event Federal Reserve Chairman Powell made a clear statement at the Chicago Economic Club on Wednesday (April 16) that he would wait for more economic data to be released before deciding the direction of interest rate adjustment. He particularly emphasized that the recent market volatility is a reasonable response to the Trump administration's tariff policy, and bluntly denied the possibility of "Federal Reserve support". This hawkish speech directly led to the expansion of the decline in US stocks and the continued surge in gold. The US dollar index has risen in the past two days, and with the increase in tariff policies, there will be no unfavorable factors if the game between major powers does not stop. 📊 Commentary Analysis Gold continued to rise unilaterally in the past two days, especially the full-day increase of more than 100 US dollars on Wednesday, which almost beat the shorts without any ability to fight back. At present, gold continues to rise and fall, setting new highs, and there is no way to see where the high point is in this rally. For the current market, the only effective trading strategy is to go long on the decline and continue to be bullish. If there is no adjustment and decline space, it is better not to trade. Even if you are bullish today, you should be aware that there will be room for adjustment at any time. If it falls below 3320, it will not be very strong. If it falls below 3280, gold may fall in retaliation. Therefore, don't be too bullish today and pay attention to the risk of high gold prices. Moreover, Friday is Good Friday, and the US market will be closed for one day. Beware of the risk of closing positions after long positions are profited. 🔶Personal 💰Strategy Long position: Gold is long near 3330-35, defend near 3320 area, and target 3360 ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the number of lots that matches your funds - Profit is 4-7% of the fund account - Stop loss is 1-3% of the fund account
OANDA:XAUUSDLong
by Labaron
1
Gold has been crazy recently, how to trade it? Gold's 1-hour moving average continues to be arranged with golden crosses upward. It is difficult for gold bulls to make a major correction. Gold's US market directly continues to break upward. Then gold's short-term 3317 will once again form a support. If gold falls back near 3320, it can continue to go long. Although gold is going crazy now, when you are bullish, you should also pay attention to the opportunity for a pullback. Unless the strength is suddenly strong at that time, don't chase the bullish easily. Wait patiently for the chance of a pullback.
TVC:GOLDLong
by Fortune-signal
The risk-averse frenzy has triggered a massive explosion of gold 📌 Driving Event The US government's tariffs and rare earths have doubled, highlighting the safe-haven properties of gold. The Trump administration has recently launched national security investigations into semiconductors, pharmaceuticals and other fields, indicating that the second wave of tariff wars is imminent. Former US Treasury Secretary Yellen bluntly stated that this "self-harming" tariff policy not only fails to achieve the return of manufacturing, but may lead to a break in the global supply chain and push up inflationary pressure. The market's expectations for "stagflation" in the US economy have increased, and gold, as a dual tool for anti-inflation and risk aversion, has significantly increased its appeal. 📊Comment Analysis At present, gold has basically rushed to the sky. In April, you can basically see the fluctuation range of gold within 70-100 points every day. In this market, you say that fixed points are sometimes really fleeting, and the optimistic resistance is like paper that can be broken at the touch of a button. So is gold really going to the sky? Labaron can only say that under such favorable conditions, it is really hard to see gold fall! 💰Strategy Package Long position: Gold is long near 3310, defend near 3290 area, and the target is 3330-37 ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the number of lots that matches your funds - Profit is 4-7% of the fund account - Stop loss is 1-3% of the fund account
OANDA:XAUUSDLong
by Labaron
1
Gold Dips From PRZ – Will Supports Hold for New ATH?Gold ( OANDA:XAUUSD ) started to correct again from the Potential Reversal Zone(PRZ) and near the Resistance lines . The question is, can Gold create a new All-Time High(ATH) again? In terms of Elliott waves , Gold appears to be completing a main wave 4 . This main wave 4 is likely to complete near the Support lines and Support zone($3,168-$3,133) . I expect Gold to either rise again after breaking the Resistance zone($3,220-$3,211) or near the Support zone($3,168-$3,133) and Support lines . Do you think Gold can create a new All-Time High(ATH) again? Note: If Gold breaks the Support zone($3,168-$3,133), we should expect a further correction from Gold. Gold Analyze ( XAUUSD ), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
3
#XAUUSD: Last Four Analysis Helped US Gain Over 4000+ Pips!Next?Our previous four analysis has yielded a substantial gain of over 4,000 pips. Analysing the current market situation, we anticipate that the price may either experience a significant drop or continue its upward trajectory. Should a resolution be achieved between the trade tariffs imposed by China and the United States, we anticipate a substantial decline in gold prices. Conversely, if the situation remains unchanged, which is the more probable outcome at present, we will have two potential trading opportunities. The first entry involves the assumption that the price will remain unchanged and continue its upward trend. The second entry is contingent upon a correction in the price. We extend our best wishes and express our gratitude for your unwavering support throughout our endeavours. We sincerely hope that this analysis will serve as a valuable guide for your own trading endeavours. Much Love Team Setupsfx_
OANDA:XAUUSDLong
by Setupsfx_
10
XAUUSD Today's strategyIn the gold market, after the opening of today's early trading session, the bullish momentum was strongly released again. The price continuously broke through the previous high of $3,245 and reached around $3,317 at its highest point, demonstrating the dominant and strong position of the bulls. At the same time, it also pushed the market's risk aversion sentiment to its peak. Given the significant upward surge in the early trading session, the performance of the European trading session has become a key point of observation. If the European trading session maintains a narrow sideways oscillation pattern, there may be a new upward trend during the US trading session. It is necessary to focus on the adjustment range of the bullish retracement. In the current high-volatility environment, the decline may only be a technical correction, rather than a signal of a trend reversal. It is worth noting that after the gold price broke through the psychological integer barrier of $3,000, the resistance levels above have significantly weakened. Based on a comprehensive analysis and judgment, it is recommended to seize the opportunity to place long positions after the price corrects, so as to capture the subsequent upward space. XAUUSD buy@3285-3295 tp:3315-3325 I hope this strategy will be helpful to you. When you find yourself in a difficult situation and at a loss in trading, don't face it alone. Please get in touch with me. I'm always ready to fight side by side with you, avoid risks, and embark on a new journey towards stable profits.
OANDA:XAUUSD
by H_C_12
Gold continues to surge to new highs! Market analysis referenceToday's Asian session has directly pulled up from yesterday's multiple rebound highs near 3230. The current relative low has risen by nearly 80 points, and there is a trend of further hitting new highs. Once it breaks the high again, it will continue to hit the 3330-50 line. We have analyzed before that the next big target of the weekly pattern and segmentation cycle is to look at 3400. It is estimated that it will reach it after a few waves of pull-ups. The weekly line last week's big positive also needs to rise inertia this week. The current focus of the day is still on falling back to do more. After the Asian session gold price rose sharply, the European session trend is crucial. If the European session maintains a small sideways fluctuation, then the US session is likely to launch an upward attack again. What needs to be focused on now is the extent of the bulls' callback repair. In view of the current volatile market, the decline of tens of dollars may just be a normal adjustment of the bulls, not a trend reversal. The current support below can refer to the afternoon low of 3280, which can also be used as an important reference for European session operations. The key watershed below may be at the previous top and bottom conversion position of 3245, while the upper key pressure is focused on the 3330-3350 line. On the whole, the short-term operation strategy of gold today is recommended to be long on pullbacks and short on rebounds. The upper short-term focus is on the 3330-3350 line of resistance, and the lower short-term focus is on the 3275-3280 line of support. Friends must keep up with the rhythm. Gold operation strategy reference: Strategy 1: Short gold rebounds near 3330-3340, target near 3305-3290, and look at the 3280 line if it breaks. Strategy 2: Long gold pullback near 3275-3285, target near 3310-3330, and look at the 3350 line if it breaks.
OANDA:XAUUSDLong
by TP_Daniel5
1
Gold continues to surge to new highs!Gold technical analysis: Today, the gold price continues to rise strongly. It has risen all the way to more than 80 US dollars. So can it continue to rise? From the long-term chart, the bulls have not changed. Long is definitely the main idea. But you must pay attention to the risks in the short term. Because the increase from 2958 to the present has exceeded more than 340 US dollars. And today's single-day increase is as much as 70 US dollars. So you still need to pay attention to the risks that should be paid attention to in the short term. But don't guess the top too often. Even if you want to guess the top, you must have risk control. You can't trade based on your own sensory thinking. It has risen sharply from the high point of 3230 yesterday, and has risen nearly 80 points from the low point. It is also trending to hit a new high. Once it breaks the high again, it will continue to hit the 3330-50 line. The next big target of the weekly pattern and segmentation cycle is 3400. It will probably reach it after a few waves of pull-ups. The weekly line rose last week and needs to rise this week. The current focus is still on falling back or breaking through and following the long position. The current support below can refer to the afternoon low of 3280, which can also be used as an important reference for European trading. The key watershed below may be at the previous top and bottom conversion point of 3245, while the upper pressure is focused on 3330-3350. Overall, today's short-term operation strategy for gold is to focus on long positions on pullbacks and short positions on rebounds. The upper short-term focus is on the 3330-3350 resistance line, and the lower short-term focus is on the 3275-3280 support line. Short order strategy: Strategy 1: When gold rebounds around 3330-3333, short (buy short) 20% of the position in batches, stop loss 6 points, target around 3305-3290, break to 3280 Long order strategy: Strategy 2: When gold falls back to around 3275-3280, buy long positions in batches (buy up) with 20% of the position, stop loss 6 points, target around 3310-3330, break the position and look at 3350
OANDA:XAUUSD
by GillChristy
Gold hits record high again! Intraday gold trading analysisFundamentally, although risk sentiment improved at the beginning of this week, Trump's policy changes caused gold prices to fluctuate and adjust, but due to the lack of obvious and sustained negative prospects and the uncertainty in the market, gold prices continued to be stabilized by safe-haven demand and strengthened upward. In addition, last week's inflation data was lower than market expectations, which strengthened the prospect of the Fed's interest rate cut. In addition, the monthly chart of the US dollar index has gone out of the 2-year top divergence, suggesting that there is a large and sustained decline in the future market, as well as increased policy uncertainty, which will also provide long-term support for gold prices. Moreover, although the market also expects that tariff policies may push up inflation in the future, US consumer confidence deteriorated sharply in April, and 12-month inflation expectations rose to the highest level since 1981, but this will also enhance gold's anti-inflation appeal and push up safe-haven demand. It is also good for gold prices. Analysts specifically reminded that market liquidity may decline before the Good Friday holiday, and any sudden policy changes may trigger sharp fluctuations. Traders are waiting for the next major fundamental development to drive the gold market, but the technical chart is still bullish. There is still safe-haven demand in the market. Gold is a safe-haven asset in times of political and financial uncertainty. The dollar index was at a nearly three-year low on Tuesday, making gold relatively cheap for buyers holding foreign currencies. Investors are waiting for a speech by Fed Chairman Powell scheduled for Wednesday to look for clues related to interest rates. During the day, attention will be paid to data such as the U.S. retail sales monthly rate in March, the U.S. industrial output monthly rate in March, the U.S. NAHB housing market index in April, and the U.S. commercial inventory monthly rate in February. Although the retail data is expected to be bearish for gold prices, the subsequent overall data is bullish for gold prices. Therefore, the steady trend is still either volatile or continues to rebound and strengthen, and the operation is still biased towards low-multiple bullish. Analysis of gold market trend: Technical analysis of gold: Yesterday, the price of gold always fluctuated in the range of 3210 to 3233. At the opening of today, the price of gold broke through the fluctuation range in one fell swoop and showed an accelerated upward trend. So far, it has successfully refreshed the historical high and reached the 3285 line. Gold opened for risk aversion and directly broke through the new high. The short-term adjustment ended and finally completed the adjustment in a fluctuating manner. This kind of strong bullish market with a breakthrough will basically not have a big decline. Since gold has chosen to break upward, the decline of gold now is an opportunity to go long. The first thing to pay attention to now is the top and bottom conversion position of the support line 3245 below! For intraday short-term trading, the first thing to pay attention to is the support strength near 3245. This position was the previous high point, and pay attention to its top and bottom conversion effect. Secondly, the support level near 3232 should not be ignored. This is the high point of yesterday's fluctuation range. Today's opening price broke through this position and accelerated upward. The top and bottom conversion support role of this position during the decline is worth paying attention to. The 1-hour moving average of gold has begun to turn upward. If the 1-hour moving average continues to diverge upward, the bulls will continue to exert their strength. After gold breaks through 3245, 3245 has formed a short-term support. Go long on dips when it falls back to 3245. The strength of a wave of gold is still there at that time. So after the surge, you must wait patiently for adjustments and continue to go long. Go long when it falls back to around 3248. It is particularly important to point out that the low point of 3211 during the US trading session yesterday is the key support level for the short-term market trend. Once the price effectively falls below this position, it is necessary to be alert that the market may launch a substantial adjustment. On the whole, the short-term operation strategy for gold today is to go long on pullbacks and short on rebounds. The short-term focus on the upper side is the 3285-3290 line of resistance, and the short-term focus on the lower side is the 3245-3240 line of support. Friends must keep up with the pace. ​ Gold operation strategy reference: Strategy 1: Short gold when it rebounds around 3280-3290, target around 3255-3250, and look at 3245 if it breaks. Strategy 2: Long gold when it pulls back around 3245-3250, target around 3260-3275, and look at 3290 if it breaks. ​
OANDA:XAUUSDShort
by TP_Daniel5
The opportunity to short gold in the European session has arrive 📌 Driving Event On Tuesday, US President Trump launched an investigation into the necessity of tariffs on key minerals, the latest move in the expanding trade war. This trade war has affected key areas of the global economy. 📊Comment Analysis In the morning, gold fell briefly at 3275, and then broke through again. The current market rises or dives all depend on Trump's words, and today is the 34th trading day since gold rose from 2832 on February 28, and the 8th trading day since it rose from 2956 on April 7. It is likely to be a new round of change time window. Therefore, I think the current rise is just the main force pulling up and shipping. The European session is alert to the possibility of a sharp decline again! ! ! In terms of the hourly chart, the current 3293 line will be an obvious pressure. The European session recommends actively shorting here! ! ! 💰Strategy Package Short position: Actively participate at 3290-3300 points, profit target below 3280 points ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the number of lots that matches your funds - Profit is 4-7% of the fund account - Stop loss is 1-3% of the fund account
OANDA:XAUUSDShort
by Labaron
1
4/16 Gold Trading StrategiesYesterday, gold moved within a narrow range, as anticipated. After rising toward the 3230 level, it encountered selling pressure and pulled back, which provided us with some profitable short-term opportunities. Currently, gold has broken above 3240 and continues to climb steadily. A conservative estimate suggests that a push toward 3250 is achievable without much resistance. However, this is a new high, and after a rapid ascent, it’s common to see profit-taking from long positions and short sellers entering the market from the sidelines. Therefore, chasing long positions at current levels carries increased risk and should be approached with caution. Today’s Trading Recommendations: Sell Zone: 3255 – 3270 A potential resistance zone where short positions may be considered. Buy Zone: 3178 – 3158 Key support area for initiating long positions if the price corrects. Range Trading Zones: 3240 – 3220 3188 – 3220 Suitable for flexible trading strategies based on real-time price action and candlestick signals. Summary: While gold remains in an uptrend, the market is approaching a sensitive area where both selling pressure and volatility may increase. Be cautious with chasing highs, and focus on technical levels for strategic entries and exits. The potential for a short-term reversal or pullback remains if resistance holds strong.
FOREXCOM:XAUUSDShort
by China_MsWang
XAUUSD(GOLD) NEXT MOVE ?**Detailed analysis** of the Gold Spot (XAU/USD) chart, combining technical insights **with the current geopolitical market backdrop**, particularly the **Trump tariffs escalation**: --- ### 🟡 **XAU/USD (Gold) – Technical & Fundamental Outlook** **Timeframe:** 1-Hour **Current Price:** $3,296 **Target Price:** $3,500 --- ### 📌 **Technical Chart Analysis: Bullish Breakout in Play** From a trader’s lens, this chart illustrates a **classic bullish continuation setup**: #### 🔺 **Triangle Breakouts** - The chart highlights two previous **symmetrical triangle patterns**, both of which resolved **to the upside**. - These triangles signal healthy consolidation before **impulsive bullish rallies**, indicating strong **market structure**. #### 📈 **Price Action Strength** - Price recently **broke out** from another mini triangle (~$3,230 zone), confirming bullish momentum. - The breakout is **sharp and directional**, showing strong buyer interest. #### 🧱 **Support & Structure** - Price is respecting an **ascending trendline**, confirming **higher lows** and a consistent **bullish trend**. - Each consolidation phase was tighter, indicating **volatility compression before explosive moves**. #### 🎯 **Target Projection: $3,500** - Based on **measured moves** from previous breakouts and current momentum, $3,500 is a **realistic short-term target**. - Price remains inside a **bullish channel**, and breakout continuation aligns with the upper resistance projection. --- ### 🌍 **Current Market Context: Trump’s Tariff Shock & Safe Haven Demand** Amid strong technicals, the **macroeconomic backdrop adds fuel to gold’s rally**: #### 🔥 **Trump's Tariff Escalation** - Former President **Donald Trump has reactivated aggressive tariff rhetoric**, with reports of a **104% tariff on Chinese imports**, prompting **retaliatory action from China** (an 84% counter-tariff). - This **reignites U.S.-China trade tensions**, increasing **global market uncertainty**. #### 🛡️ **Flight to Safety** - Investors are rapidly **rotating into safe-haven assets**, especially gold, due to: - Trade war concerns - Recession expectations - Dollar instability fears #### 💬 **Market Sentiment** > “In times of uncertainty, gold shines brightest. Trump's economic aggression has global investors hedging risks, and XAU/USD is the first in line to benefit.” --- ### 💼 **Trading Strategy Summary** | Component | Details | |------------------|-------------------------------| | 📈 Bias | Bullish | | 💰 Entry Zone | Breakout above $3,230 | | 🎯 Target | $3,500 | | 🛑 Stop-Loss | Below $3,180 (tight structure)| --- ### ✅ **Conclusion** With **Trump’s trade war** rhetoric back in motion and **technical confirmation of a breakout**, gold is positioned for another **major rally**. A push toward **$3,500** is not just possible — it’s probable, as long as the structure holds. This is a time to **ride the momentum**, not fight it. --
OANDA:XAUUSDLong
by Nadia_farhat
Will gold fall today?Hello everyone. Let's discuss the trend of gold this week. From the current daily chart, gold is currently in a five-wave upward trend. You can see that the low point of gold last week was near 2955, which is exactly the top position of the first wave of this wave. The retracement from 3167 to 2955 is the retracement of the fourth wave, and the retracement did not break the top position of the first wave near 2950. So, the current trend from near 2955 is running in the fifth wave of rise. I also drew it in the picture, and it may eventually reach the high point near 3308-3328. Today's highest point reached near 3275, and then it retreated sharply to near 3256. Maybe you think this is a high and fall, but I don't think so from the trend. Gold opened at 3230. If you look at the trend of 3230-3275, you can find that 3255 is exactly the 618 support position of this trend. If the retracement does not break 618, then there will definitely be a new high. Using 123 to find 4, we can see that if the high point of 3290 continues to break, the subsequent high point will be around 3300, followed by 3328. And 3300 coincides with the daily high above. Therefore, if gold can reach around 3300 next, we must be careful of the possibility of a high fall.
OANDA:XAUUSDShort
by OctaviaRobinson