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Gold's main rise is not over yet, long is still the core strategHeading into next week, we maintain a bullish medium-term outlook on gold, with a continued preference for trend-following long positions. Although short-term bearish attempts persist, the broader upward structure remains intact, with pullbacks presenting tactical buying opportunities. Key support is observed around $3,200/oz, which serves as a strategic level for initiating low-risk long entries within the ongoing uptrend.
TVC:GOLDLong
by Falcon-Trading-Signals
XAU/USD is about to reach the 3300 - point level.The long-term upward trend remains unchanged. Tariffs are still a major variable causing significant fluctuations in gold. U.S. Tariff Policies Since April 9th, the United States has imposed tariffs ranging from 10% to 25% on goods from China, the European Union, Canada, and other regions, covering key sectors such as automobiles, steel, and semiconductors.😒 Countermeasures of Various Countries China: On April 4th, China announced that it would impose a 34% tariff on U.S. goods starting from April 10th. On April 9th, the tariff rate was further increased to 84%, covering all U.S. goods.😠 The European Union: Announced that it would impose a 25% tariff on U.S. motorcycles, diamonds, and other goods starting from May 16th.😤 Canada: Imposed a 25% retaliatory tariff on U.S. automobiles on April 9th, but exempted auto parts.😏 At present, the rise of gold is still driven by the demand for a safe haven. It remains uncertain whether the 104% tariff will actually be implemented. Once relations deteriorate, it will truly be bullish for gold again. In the short term, this is definitely something that needs to be closely monitored.🤔 This upward movement has led to the clearing of many traders' accounts or significant losses 😫. You can follow my signals and gradually recover your losses and achieve profitability 🌟. 💰💰💰 XAUUSD 💰💰💰 🎯 Buy@3220 - 3230 🎯 TP 3270 - 3300 Traders, if you're fond of this perspective or have your own insights regarding it, feel free to share in the comments. I'm really looking forward to reading your thoughts! 🤗
FOREXCOM:XAUUSDLong
by PearlMichael
Tariffs remain a major driver of XAUUSD swingsThe long-term upward trend remains unchanged. Tariffs are still a major variable causing significant fluctuations in gold. In April 2025, the global trade war was in a severe situation. The adjustment of the United States' tariff policies triggered a series of countermeasures from various countries. The specific situation is as follows: U.S. Tariff Policies Since April 9th, the United States has imposed tariffs ranging from 10% to 25% on goods from China, the European Union, Canada, and other regions, covering key sectors such as automobiles, steel, and semiconductors.😒 Countermeasures of Various Countries China: On April 4th, China announced that it would impose a 34% tariff on U.S. goods starting from April 10th. On April 9th, the tariff rate was further increased to 84%, covering all U.S. goods.😠 The European Union: Announced that it would impose a 25% tariff on U.S. motorcycles, diamonds, and other goods starting from May 16th.😤 Canada: Imposed a 25% retaliatory tariff on U.S. automobiles on April 9th, but exempted auto parts.😏 Impacts of the Trade War Price Increases: Imported automobiles, electronic products, etc. are likely to increase in price. If U.S. agricultural products are subject to tariffs imposed by China, the prices of items such as meat and edible oil may fluctuate.😫 Employment Market Impact: Enterprises relying on exports may lay off employees. For example, the manufacturing industry in China and European automobile factories are affected. In the United States, certain industries such as agriculture and retail also face pressure.😔 Financial Market Volatility: The global stock market has experienced increased short-term volatility. Investors have shifted to safe-haven assets such as gold and treasury bonds. The stock price of Tesla plummeted by 40% due to tariff policies.😱 Supply Chain Disruption: There may be delays in the delivery of chips and auto parts due to trade barriers. The supply of some imported pharmaceuticals and industrial raw materials may also be affected. The prices of some products on cross-border e-commerce platforms may increase, and the costs of purchasing agents and cross-border logistics will rise.😣 At present, the rise of gold is still driven by the demand for a safe haven. It remains uncertain whether the 104% tariff will actually be implemented. Once relations deteriorate, it will truly be bullish for gold again. In the short term, this is definitely something that needs to be closely monitored.🤔 This upward movement has led to the clearing of many traders' accounts or significant losses 😫. You can follow my signals and gradually recover your losses and achieve profitability 🌟. Traders, if you're fond of this perspective or have your own insights regarding it, feel free to share in the comments. I'm really looking forward to reading your thoughts! 🤗
FOREXCOM:XAUUSDLong
by PearlMichael
Analysis of gold market price structure and trends.Layout ideas。On Thursday, the US dollar index broke down sharply, successfully stimulating the market's risk-averse funds to return to the gold market again, and the gold price rose again. Let's briefly sort it out! First: The tariff issue of the trade war caused the global market to plummet, and gold fell accordingly. The main reason was that it was necessary to sell gold, recover funds, and fill the capital margin in the stock market, foreign exchange market, and bond market; therefore, gold also plummeted downward in the past few days; Second: The U.S. dollar index plummeted and broke through, driving market funds back into the gold market, and the gold price hit a record high again; In yesterday's analysis of spot, you can look back at yesterday's analysis of the daily K indicator. There are two situations, restart Golden cross means breaking the top and reaching a new high. You can look back at yesterday's analysis. This is also a common indicator trend. Spot gold opened yesterday from 3081 and quickly fell to 3071 before rebounding to around 3100. After that, the price fell back to 3078-80 and rose to around 3132. The price fell back to 3103 from around 3132 and then rebounded to around 3136 and bottomed out around 3113-16 and rose to 3175. The price fell from 3175 to around 3152-54 and then rose again to around 3176 and closed. The opening price fluctuated and rose above 3200. From yesterday's trend: 3180 and 3100 are the bottom supports, but the area around 3100 has fallen back and repaired yesterday, so 3132-36 and 3116 are the current support points. Yesterday, it also directly rose and broke through 3134-36 and then rose without stepping back. At the same time, the price rose to 3174-76 and then retreated to 3152-54, so the current support point is around 3176. The opening price directly rose from this position. Currently, 3190 is the nearest support. Comprehensive important support: ①3176 ②3134 ?③3100 ? The small support distribution in the middle is 3190-3167-3154-3115 Spot gold market analysis: Ⅰ: Spot gold daily MACD golden cross is initially established, and the dynamic indicator STO quickly repairs upward, which represents the bullish trend of prices. At present, there is no resistance point to judge because it is a historical high, so we can only try it based on small cycle indicators. The current support point of the daily line is located near the MA5 and MA10 moving averages, 3096-3088, and it is not necessary to consider it far away from the candlestick chart. Ⅱ: Spot gold 4-hour current MACD high golden cross oscillates with large volume, and the dynamic indicator STO is overbought, which represents high-level price fluctuations. Because the indicators are at relatively high levels, they may face short-term peak signals at any time. Currently, we focus on the support line of 3176 near the MA5 moving average. Ⅲ: Spot gold hourly MACD golden cross is currently oscillating with large volume, and the dynamic indicator STO is running overbought, which means that the hourly line is still oscillating and strong. The current focus is on the 3245 line. If it breaks through 3245 this hour, it will continue to look for highs. Otherwise, a small cycle peaking signal will be formed at this position. The current support below the hourly line is located at the MA5 and MA10 moving averages, and the focus is on the MA10 support 3185 line. Comprehensive thinking: The current price is oscillating at a high level, and the short-term focus is on the 3245 line. If it breaks through, the price will continue to move upward. The current focus below is the support near 3190. If it falls below, the price may move to around 3150-3135. Strategy: Currently, the 3440-50 area is temporarily set to see pressure adjustment Go long if the key support is stabilized below, and pay attention to 3187-3170 -3153-you can go long
OANDA:XAUUSDShort
by TP_Daniel1
XAUUSD Daily Analysis📈 XAUUSD Daily Analysis – 12/04/2025 🔥 Strong bullish move after a clear Market Structure Shift (MSS) and liquidity grab below the Previous Daily Low. 📉 A significant Fair Value Gap (FVG) remains between 3,100,000 and 3,175,000 – a potential pullback zone. 📍 Price could revisit this FVG before continuing the bullish momentum towards 3,300,000+. 🔹 PDL = Previous Daily Low 🔴 BAG = Breakaway Gap 🧠 Patience is key – wait for price reaction in the zone of interest. 📌 For educational purposes only – not financial advice. 💬 Drop your thoughts in the comments ⬇️ 🔁 Like if you found this helpful!
FOREXCOM:XAUUSDLong
by Herotraderfx
4
XAUUSD Weekly Forecast: Probable Price Range and Trade PlanAs of April 12, 2025, gold (XAU/USD) has experienced significant volatility, reaching record highs amid global economic uncertainties. Here's an analysis based on the latest data:​ 📅 Economic Calendar Highlights (April 2025) Key upcoming events that could influence gold prices include:​ April 15: U.S. Consumer Price Index (CPI) release​ April 17: U.S. Initial Jobless Claims​ April 18: University of Michigan Consumer Sentiment Index 📈 XAU/USD Technical Overview Trend & Momentum: Current Price: Approximately $3,236.21 per ounce.​ Trend: Strong uptrend, with prices surging past the critical $3,200 mark. RSI (14): 64.826 – approaching overbought territory, suggesting strong buying pressure. MACD (12,26): Positive value of 21.21 – indicating bullish momentum. ADX (14): 33.482 – confirming a strong trend. Moving Averages: All major moving averages (MA5 to MA200) are signaling a 'Buy,' reinforcing the bullish outlook. Support & Resistance Levels: Immediate Resistance: $3,245.69 – recent intraday high.​ Next Resistance Target: $3,300 – as projected by analysts amid ongoing market dynamics. Immediate Support: $3,174.14 – recent intraday low.​ Key Support Levels: $3,048 and $2,953 – potential pullback zones if a correction occurs. Candlestick Patterns: A “shooting star” pattern has emerged, which may signal a short-term reversal or consolidation phase. Price Projection for April 14–18, 2025 Considering the current technical indicators and market conditions: Projected Minimum Price: $3,180 – accounting for potential short-term corrections. Projected Maximum Price: $3,280 – if bullish momentum continues without significant resistance.
OANDA:XAUUSD
by mdaupu
1
Gold & Silver Soar: Trade War RallyAnatomy of a Rally: How US-China Trade Tensions Propelled Gold to Record Highs and Lifted Silver Introduction The global financial landscape is frequently reshaped by geopolitical events, and few have cast as long a shadow in recent memory as the trade tensions between the United States and China. During periods of heightened friction, characterized by escalating tariffs, retaliatory measures, and pervasive economic uncertainty, markets often witness significant shifts in asset allocation. One of the most prominent beneficiaries during such times is gold. This document explores the dynamics behind gold prices reaching record highs amidst a US-China trade war, examining the multifaceted reasons for its ascent and noting the concurrent, significant rise in silver prices, which often move in tandem with the yellow metal due to overlapping market drivers. The US-China Trade War: A Catalyst for Uncertainty The trade conflict between the world's two largest economies represents more than just a dispute over tariffs and trade balances. It embodies a fundamental clash over technology, intellectual property, global influence, and differing economic models. The imposition of tariffs on hundreds of billions of dollars worth of goods creates direct economic consequences: 1. Increased Costs: Businesses face higher import costs, which can be absorbed (reducing profits), passed onto consumers (potentially fueling inflation), or lead to shifts in supply chains (causing disruption and inefficiency). 2. Reduced Trade Flows: Tariffs act as barriers, potentially dampening global trade volumes and impacting export-oriented economies. 3. Economic Growth Concerns: The uncertainty surrounding future trade policies makes businesses hesitant to invest and expand, potentially leading to slower global economic growth or even recessionary fears. 4. Supply Chain Disruptions: Companies reliant on cross-border supply chains face significant operational challenges, needing to find alternative suppliers or routes, often at higher costs and lower efficiency. 5. Currency Volatility: Trade disputes can lead to fluctuations in exchange rates, particularly involving the US dollar and the Chinese yuan, adding another layer of risk for international businesses and investors. This pervasive uncertainty becomes a powerful driver pushing investors towards assets perceived as safe. Gold: The Quintessential Safe Haven Gold's reputation as a safe-haven asset is deeply ingrained in financial history. During times of economic stress, political instability, or market turmoil, investors flock to gold for several key reasons, all amplified by a US-China trade war: 1. Store of Value: Unlike fiat currencies, which can be devalued by inflation or government policy, gold is seen as retaining its intrinsic value over the long term. Fears that trade wars could lead to competitive currency devaluations or necessitate inflationary monetary policies (like extensive quantitative easing) make gold particularly attractive. 2. Hedging Against Uncertainty: When the outlook for traditional assets like stocks and bonds becomes cloudy due to geopolitical risks like a trade war, gold offers a perceived refuge. Its price often exhibits a low or negative correlation to equity markets during downturns, making it valuable for portfolio diversification. 3. Geopolitical Risk Premium: Major international conflicts or tensions invariably add a risk premium to gold prices. A trade war between global superpowers significantly elevates perceived geopolitical risk, prompting safe-haven buying. 4. Weakening US Dollar Potential: While the US dollar itself can act as a safe haven, a protracted trade war could raise questions about the US economic outlook or lead to policies aimed at weakening the dollar to boost exports. Since gold is typically priced in US dollars globally, a weaker dollar generally makes gold cheaper for holders of other currencies, potentially increasing demand and pushing the dollar price higher. 5. Central Bank Demand: In an environment of heightened geopolitical tension and questions surrounding the dominance of the US dollar, central banks (particularly those in emerging markets or nations seeking to reduce reliance on the USD) often increase their gold reserves. This diversification strategy provides a steady source of demand, underpinning prices. A US-China trade conflict could accelerate this trend among various nations. 6. The Mechanics of the Price Surge The record high in gold prices isn't just a passive reaction; it's driven by active market dynamics: • Increased Investor Demand: Retail and institutional investors increase allocations to gold through physical bullion, gold futures contracts, and gold-backed Exchange Traded Funds (ETFs). Large inflows into major gold ETFs are often a visible indicator of this heightened demand. • Speculative Activity: Traders in the futures market anticipate further price increases driven by the ongoing trade tensions and safe-haven flows, adding upward momentum. • Sentiment: Market psychology plays a crucial role. As prices rise and news headlines focus on the trade war and gold's rally, a positive feedback loop can emerge, drawing in more buyers afraid of missing out (FOMO). Silver's Ascent: Riding Gold's Coattails and Its Own Merits Silver prices registering a steep rise alongside gold during such a period is a common phenomenon, though its drivers are slightly more complex: 1. Monetary Asset Correlation: Silver, like gold, has a long history as a monetary metal and store of value. It often trades as "poor man's gold," attracting investors seeking safe-haven exposure at a lower price point per ounce. During strong gold rallies driven by macroeconomic fear, silver typically follows suit. 2. Industrial Demand Component: Unlike gold, silver has significant industrial applications (electronics, solar panels, medical devices). This is a double-edged sword during a trade war. While safe-haven demand pulls prices up, fears of a trade-war-induced global economic slowdown could theoretically dampen industrial demand, potentially capping silver's gains relative to gold. However, in scenarios where safe-haven buying dominates market sentiment, this factor often takes a backseat initially. 3. Higher Volatility: Silver markets are smaller and typically more volatile than gold markets. This means that significant inflows driven by safe-haven sentiment can lead to sharper percentage gains (and potentially sharper losses during corrections) compared to gold. The "steep rise" noted is characteristic of silver's higher beta. 4. Gold-Silver Ratio: Traders often watch the gold-silver ratio (the number of silver ounces needed to buy one ounce of gold). When this ratio reaches historical extremes, some investors may buy silver, betting that it is undervalued relative to gold and that the ratio will revert closer to its historical mean. A major gold rally can stretch this ratio, triggering such trades and boosting silver demand. Global Trends and Context While the US-China trade war serves as a potent catalyst, it often occurs within a broader context of global trends that can support precious metal prices. These might include accommodative monetary policies from major central banks (low interest rates reduce the opportunity cost of holding non-yielding assets like gold), existing geopolitical hotspots beyond the US-China relationship, concerns about sovereign debt levels, or nascent inflationary pressures. The trade war acts as an accelerant, amplifying the impact of these underlying factors on gold and silver. Conclusion The surge of gold prices to record highs during a period marked by an intense US-China trade war is a textbook example of the metal fulfilling its traditional role as a premier safe-haven asset. The conflict breeds deep economic uncertainty, stokes fears of currency devaluation, heightens geopolitical risk perception, and potentially influences central bank reserve policies – all factors that historically drive capital towards gold. The simultaneous sharp rise in silver prices underscores its strong correlation with gold as a monetary asset, benefiting from the same wave of risk aversion, albeit with the added complexity of its industrial demand profile. Understanding these dynamics is crucial for investors navigating volatile periods, highlighting gold's enduring appeal as a portfolio diversifier and a refuge when storm clouds gather over the global economy, particularly when sparked by friction between major world powers.
OANDA:XAUUSDLong
by bryandowningqln
Gold Prices Continue Uptrend Short-Term Bullish Opportunity EmeSCurrently, gold prices are exhibiting an upward trend, fluctuating between $3230 and $3233. Based on market analysis, it is anticipated that gold prices will continue to rise. It is recommended to enter long positions near $3230, with a target profit around $3235 to secure short-term gains. Continue to monitor market developments, maintain profits, and adjust stop-profit levels as necessary to navigate potential market fluctuations.
TVC:GOLDLong
by Falcon-Trading-Signals
Gold Prices Decline, Short Strategy Successfully Captures ProfitCurrently, gold prices are showing a clear bearish trend, previously fluctuating around $3240. Based on market predictions, there is a potential for further downward movement in gold. A short position was suggested around the $3240 level, and as the market corrected, gold prices have indeed dropped, allowing short-positioned investors to lock in profits. Congratulations to those who successfully capitalized on this short opportunity and secured gains. Stay alert to market developments and carefully adjust your stop-profit levels to ensure the stability of your returns.
TVC:GOLDShort
by Falcon-Trading-Signals
Gold's safe-haven demand surgesThis week, concerns over a global economic slowdown have swept across Wall Street, becoming the dominant market sentiment. In this context, U.S. President Trump's erratic messaging on tariff policies has triggered a panic sell-off in U.S. stocks, bonds, and the dollar, highlighting gold's position as a safe-haven asset. Gold prices have surged sharply, breaking through all previous resistance levels and maintaining an upward trend. Given the ongoing risk-off sentiment, the bullish momentum in gold remains strong, and the market may continue to trend higher in the near term. In this market environment, it is recommended that investors take long positions near $3220 and consider taking profits around $3230 to fully capitalize on the current uptrend in gold. For additional trading signals, Please stay tuned.
TVC:GOLDLong
by Falcon-Trading-Signals
Gold Breaks $3240, Shorting Opportunity EmergesGold prices have now surged to around $3240, continuing the recent strong upward momentum. Based on the previous trading signal, a long position at $3220 was suggested; however, due to the high volatility, many investors may have missed the opportunity to go long at that level. At this point, with prices approaching $3240, it may be an opportune time to establish short positions, with a target profit around $3225. Please note that this is just personal advice, and actual trading decisions should be made with attention to changes in key price levels.
TVC:GOLDShort
by Falcon-Trading-Signals
US tariffs have caused XAU/USD's continuous rise.Surge in Safe - haven Demand：US tariff hikes heighten trade tensions, stoking fears of global economic slowdown. Worried about rising corporate costs and supply - chain disruptions, investors flock to gold, a traditional safe - haven, to hedge risks, pushing its price up 📈. Highlighted Anti - inflation Property：Higher tariffs may boost imported - goods prices, fueling inflation. Gold, with stable value in inflation, is favored by investors as a wealth - preserving asset, thus driving its price higher 💰. Dollar Substitution Effect：Uncertain US tariff policies raise dollar credit risk, eroding market confidence. Some investors cut dollar - asset holdings and turn to gold, lifting gold demand and price. Also, expected Fed rate - cuts due to tariffs pressure the dollar, further pushing up gold price as low - rate environments benefit non - yielding gold 💴. Once the trade war ignited by tariff disputes shows signs of improvement or when peace negotiations commence, XAU/USD is highly likely to witness a substantial decline ↓. This upward movement has led to the clearing of many traders' accounts or significant losses 😫. You can follow my signals and gradually recover your losses and achieve profitability 🌟. Traders, if you're fond of this perspective or have your own insights regarding it, feel free to share in the comments. I'm really looking forward to reading your thoughts! 🤗
FOREXCOM:XAUUSDLong
by PearlMichael
Gold may face sharp fluctuations,The risk of downside increases!Technical analysis: Gold daily line rose by more than $100 on Thursday, creating a rare single-day increase in more than ten years. The cumulative increase in three days exceeded $200, and the technical indicators were overbought. The current gold price is in the stage of accelerating to the top. In the short term, pay attention to the resistance of the 3245-3250 area, and be alert to the risk of falling back after a high. Although the trend is still strong, the effectiveness of technical analysis is weakened under the guidance of news. It is recommended to focus on high altitude. This week is the fifth week of rising, and the probability of a change on Friday increases. Ⅰ: The daily indicator macd golden cross is initially established, and the smart indicator sto quickly repairs upward, representing the bullish trend of the price. At present, because it is a historical high, there is no resistance point to judge, so we can only try it based on the small cycle indicators. The current support point of the daily line is located near the moving average MA5 and MA10, 3096-3088, and it is not considered to be far away from the candlestick chart. Ⅱ: The current macd high golden cross in 4 hours is oscillating with large volume, and the smart indicator sto is overbought, which means that the price is oscillating at a high level. Because the indicators are at a relatively high level, they may face short-term peak signals at any time. Currently, we are focusing on the support line of 3176 near the MA5 moving average. Ⅲ: The hourly MACD is currently oscillating with large volume, and the dynamic indicator STO is overbought, which means that the hourly line is still oscillating strongly. The current focus is on the 3220 line*. If it breaks through 3220 this hour, it will continue to look for a high point. Otherwise, a small cycle peak signal will be formed at this position. The current support below the hourly line is located at the MA5 and MA10 moving averages, and the focus is on the MA10 support line of 3185. Comprehensive thinking: The current price is oscillating at a high level, and the short-term focus is on the 3220 line*. If it breaks through, the price will continue to move upward. The current focus below is the support near 3190. If it falls below, the price may move to around 3150-3135. Strategy: Refer to 3440-45 for short selling
OANDA:XAUUSDShort
by TP_Daniel1
Gold continues to rise and has not yet peaked!At the four-hour level, this wave of rise is extremely strong, climbing all the way without a pullback. If there is a pullback, it is also an opportunity for us to get on board and go long. At the hourly level, the price of gold has risen strongly and unilaterally. It is now 50 points away from last week's high. Although the rise has stopped at the upper track of the Bollinger Band, it may be a bit extravagant to expect a pullback. Our prudent idea today is to wait for a pullback before going long and bullish, and do not guess the top above. On the whole, today's short-term operation strategy for gold is to go long on pullbacks as the main strategy, and short on rebounds as the auxiliary strategy. Gold operation strategy reference: Short order strategy: Short gold rebounds near 3245-3250 in batches, with a target of 3220-3200, and a break of 3190; Long order strategy: Go long gold in batches near 3188-3190, with a target of 3225-3235, and a break of 3250; ​
FOREXCOM:XAUUSDLong
by MarjorieMatthew
XAU/USD 11 April 2025 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed as per my analysis dated 04 April 2025 by targeting weak internal high and printing bullish iBOS. We currently do not have an indication of bearish pullback phase initiation. Current CHoCH positioning is denoted with a blue dotted line. Intraday Expectation: Price to indicate bearish pullback phase initiation by printing bearish CHoCH. It is possible for price to potentially print higher highs in order to reposition CHoCH closer to current price action. Note: With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment. Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. As mentioned in yesterday's analysis that I will continue to monitor internal structure following the printing of a bearish CHoCH. Price has continued higher without a meaningful pullback, therefore, I will not classify previous iBOS, which is marked in red, as a bullish iBOS. Intraday Expectation: Price to indicate bearish pullback phase initiation by printing bearish CHoCH. Current CHoCH positioning is denoted with a blue dotted line. Note: With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment. Trump's tariff announcement will most likely cause considerably increased volatility and whipsaws. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Gold Shaking Hands with All-Time HighsSafe-haven assets caught a strong bid in recent trading, directing Spot Gold to all-time highs of US$3,220/troy ounce versus the US dollar (XAU/USD). The shift towards safe-haven markets was fuelled by softer demand for the USD as markets fled dollar assets, as well as escalating trade tensions between the US and China. Unsurprisingly, the Swiss franc (CHF) and Japanese yen (JPY) also attracted substantial bids, with the USD/CHF pair notching up losses of nearly 4.0% – its largest one-day drop since 2015! Monthly Resistance and Oversold Conditions Several desks are reportedly eyeing US$3,500 as the next upside objective for Gold; however, the monthly chart reveals it is considerably overbought according to the Relative Strength Index (RSI). You will note the RSI has remained within overbought territory since mid-2024 and recently touched gloves with familiar resistance between 87.31 and 82.20. This area boasts historical significance from as far back as 2006, and each time the Index has approached the resistance, a correction/pause typically followed in the yellow metal. Consequently, it raises the question about whether buying is set to moderate/pause at the monthly resistance area between US$3,264 and US$3,187 (made up of 1.618% and 1.272% Fibonacci projection ratios, respectively). Daily Demand Zone; Dip-Buying? Meanwhile, on the daily chart, price action came within a stone’s throw of testing support from US$2,942 at the beginning of the week before rallying to all-time highs noted above. What is interesting from a technical perspective is that the move left behind a demand area at US$3,000-US$3,058, which, in my opinion, represents a key technical zone. With Gold firmly entrenched in a strong uptrend, dip-buyers could emerge from the daily demand area if a correction occurs. That said, given technical indicators on the monthly chart suggesting buyers could pump the brakes, any dip-buying activity would likely be approached with caution. Confirmation – such as a bullish candlestick signal or supporting price action on lower time frames – might be required before pulling the trigger. However, any movement below the mentioned demand area signals bearish strength from the monthly resistance zone, and potentially opens the door to short-term selling opportunities, targeting daily support at US$2,942, closely followed by support at US$2,865, and possibly US$2,790. Written by FP Markets Chief Market Analyst Aaron Hill
FPMARKETS:XAUUSDLong
by FPMarkets
Insight into the gold market situation and seize the opportunityHello everyone! After in-depth research and analysis of the recent market conditions, I believe that the current market has entered the stage of accelerating to the top. From a technical point of view, such as the MACD top divergence sign, the KDJ indicator oversold, etc., all signs show that the market's upward momentum is gradually weakening, while the price is rising rapidly, which is often a typical feature of the peak stage. The focus needs to be on the 3225-3235 area. This range has important resistance significance and has dense locked-in disks. On the other hand, through technical analysis tools such as the Fibonacci sequence, this range is also an important pressure range. For investors with short trading rights, this is a rare opportunity to go high and short. When the price reaches the 3225-3235 area, it is a relatively ideal time to enter the short market. The one-hour moving average golden cross is formed, but after the upper rail of the Bollinger band is broken, the technical overbought risk increases, and the support near 3150 is effective. 80 points are also possible, so don't look at the current trend with a conventional perspective.
OANDA:XAUUSDShort
by TP_Daniel1
GOLD MONTHLY CHART LONG TERM ROUTE MAP ANALYSISMonthly Time Frame Analysis for GOLD Dear Traders, Attached is the Monthly Chart Route Map for GOLD. Since October 2023, we have consistently analyzed and traded GOLD with 100% target accuracy. The Golden Circle areas marked on the chart highlight our precise analysis and successful target achievements. Key Highlights: * After successfully hitting TP1 and TP2, the candle has closed above TP2. * EMA5 has crossed and locked above the TP2 level at 2603, confirming upward momentum. * The EMA5 detachment process has been completed successfully. * As previously noted, the Fair Value Gap (FVG) provided robust support at 2535, facilitating the upward push. What’s Next for GOLD? Based on these confirmations, we anticipate hitting TP3 this month. However, we have identified two significant GOLDTURN levels at 2702 and 2603. In the short term, we may see some bearish movements, but the monthly chart reveals the bigger picture: a sustained long-term bullish trend. This kind of temporary reversal strengthens the bullish trend and offers an excellent opportunity to buy at dips near support levels, reducing risk. Recommendations: To understand the support structure in greater detail, refer to our smaller time frame analyses, which will help you identify optimal dip-buying opportunities while keeping the long-term gaps in mind. As always, we’ll keep you updated with daily insights. Don’t forget to check our analyses on weekly, daily, 12H, 4H, and 1H time frames. We appreciate your continued support! Please show your encouragement by liking, commenting, and sharing this post. The Quantum Trading Mastery
FXOPEN:XAUUSDLong
by TheQUANTUMTraders