GOLD holds above 3,400, heading towards 3,500As the US Dollar OANDA:XAUUSD weakened and Sino-US trade tensions raised market concerns about the economic outlook, investor risk aversion increased, pushing gold prices to a record high, breaking through the $3,400/ounce mark and maintaining price action above this level, continuing to target a new all-time high of $3,500.
The US Dollar fell sharply during the day as US President Donald Trump made critical remarks about Federal Reserve Chairman Jerome Powell, further undermining market confidence in the US economy. A weaker US Dollar typically makes US Dollar-denominated gold more attractive to holders of other currencies.
On trade, China accused the United States of abusing the tariff tool and warned other countries not to reach broader economic and trade agreements with the United States at the expense of their own interests. Gold, long seen as a hedge against uncertainty and a highly liquid asset, has risen more than $700 since the start of 2025. Gold broke through $3,300 for the first time last Wednesday and the surge has pushed prices above $100 again in just a few days.
Trump is considering removing Fed Chairman Powell and has repeatedly called for interest rate cuts. Chicago Fed President Goolsbee has spoken out publicly against undermining the independence of the central bank.
Trump also made some shocking statements. Trump shared his thoughts on the negotiations on his social media platform Truth Social, saying, "The golden rule of negotiation and success: he who has the gold makes the rules," meaning he who has the gold rules.
This post about gold is quite interesting, considering the market volatility caused by Trump's previous comments on stocks on social media.
Trump also said, "Businessmen who criticize Tariffs are bad at business, but they are really bad at politics. They don't understand or realize that I am the best friend American Capitalism has ever had!"
Technical Outlook Analysis OANDA:XAUUSD
On the daily chart, gold continues to hold above the $3,400 base point and the 0.786% Fibonacci extension level, which is a positive factor for the gold price's bullish outlook. On the other hand, the Relative Strength Index (RSI) is operating in the overbought zone but is not sending any signals indicating a possible downside correction, a sign indicating a possible downside correction is the RSI heading below 80.
In terms of current position, gold still has a bullish outlook in the short term with the price channel as the trend and maintaining activity above the 0.786% Fibonacci extension level provides conditions for gold to aim for a new bullish target at $3,482 in the short term, more than the raw price point of $3,500.
During the day, the short-term bullish outlook of gold will be focused again by the following positions.
Support: $3,420 – $3,400
Resistance: $3,482 – $3,500
SELL XAUUSD PRICE 3517 - 3515⚡️
↠↠ Stop Loss 3521
→Take Profit 1 3509
↨
→Take Profit 2 3503
BUY XAUUSD PRICE 3448 - 3450⚡️
↠↠ Stop Loss 3444
→Take Profit 1 3456
↨
→Take Profit 2 3462
GOLD.PRO.OTMS trade ideas
XAUUSD Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
How is gold going? What to do now?After reaching the psychological high of $3500, it entered a correction phase, which was also affected by the slight easing of the US-China tariff conflict...
After failing to hit the 3250 area of concern, gold prices will be slightly stronger. Meanwhile, the market is looking forward to the US PMI data. Earlier, gold prices hit an all-time high of $3500, but fell back on hopes of a easing of the US-China trade war and the US Treasury Secretary's remarks about a possible "detente".
The dollar recovered in the correction, but investors doubted Trump's predictability and gold prices began to pull back at this time. The focus is on the S&P Global PMI index: the results of this index may affect expectations for the federal funds rate and bring a new direction to the market.
From a technical point of view, gold prices are in a correction and confirm the bearish structure. But any unexpected remarks from Trump may attract a lot of buying.
Quaid data analysis:
Upward resistance: 3340, 3360
Downward support: 3280, 3250
Quid believes that buying can be considered when retesting the support level or closing above 3370.
Traders, do you agree with Quaid's idea? Please leave your thoughts. I'll be happy that way.
Gold soaring on Fundamental pressure / Buy every dipTechnical analysis: Gold has gone into Asian session Buying rally continuation and having been slightly disconnected on it’s Technical background and especially correlation with DX, Bond Yields are Trading near local High’s (Bullish Gap fill) which is a mix which pushed Gold north aggressively and invalidated Selling potential prior every local High's. Sellers once again underestimated the Bullish potential of the recent Buying leg as Gold’s Price-action is isolated within healthy Ascending Channel on most of the charts. As long as aggressive Volatility lasts, and the probability of doing so is High as April is projected to be Bearish Month regarding DX, Gold will represent decent Short and Medium-term Buying option. If by some intervention DX start trending upwards (so far struggling to make Bullish comeback and finding meaningful Support or in general more stable Support zone), uptrend on Gold will be stalled but for now #3,500.80 benchmark is and should probably be next Gold’s most viable Target if DX don't deliver new full bodied positive candle. Daily chart’s curve for now holds Buying bias and usually this Technical setup points to new Bullish break-out.
My position: I have expected Gold to form a Top near #3,392.80 - #3,400.80 however since Price-action invalidated my potential reversal zone and closed the market above #3,400.80 benchmark, I continue Buying Gold all the way with #3,500.80 benchmark as new potential Ultimate Top's zone. Keep in mind that as long as DX is Trading on disappointing numbers, Medium-term Selling reversal on Gold will be postponed.
Gold fluctuates upward, target 3400~3500Since the peak at 3500, the lowest price in the US market on Wednesday was 3260. It fell by 240 US dollars in two trading days this week. The momentum is very strong, but the big cycle of gold this year is still a bullish trend. Don't be affected by the adjustment of the small cycle. In the bullish rhythm, the adjustment is to give opportunities for long positions. Therefore, once the adjustment is over, you can start to go long and bullish.
From a technical point of view, the daily line stands firmly above the 10-day moving average, which is an important reason for the current bullishness of gold. For the time being, the daily mid-term Bollinger has not closed, and don't guess the top when it rises. The short-term target is 3400, and the long-term target is 3500. After the breakthrough, don't guess the highest point. The performance of the H4 mid-term is obvious. The bottom is above the lower Bollinger track and the 60-day moving average, and the Bollinger band just closes. This is a very obvious performance of stopping the decline and bottoming out!
If gold breaks through the 3370 line again, then gold will truly turn strong. Even so, it will fluctuate and rise, and we must wait patiently for the opportunity to continue to fall. The market changes rapidly, and the recent gold market is like this, with ups and downs, so don't be surprised.
Key points:
First support: 3332, second support: 3320, third support: 3300
First resistance: 3370, second resistance: 3386, third resistance: 3408
Operation ideas:
Short-term gold 3322-3325, stop loss 3313, target 3360-3380;
Short-term gold 3383-3386, stop loss 3395, target 3320-3330;
Gold short-term analysisSpot gold rebounded slightly in early Asian trading on Thursday and is currently trading around $3,329, supported by bargain hunting. Gold prices continued to fall from record highs on Wednesday, falling nearly 3%, hitting a low of $3,260.08 and closing at $3,288.18. Investors were relieved by hopes of easing trade tensions and President Trump's abandonment of his threat to fire the Fed chairman. The dollar rebounded against major currencies on Wednesday, with the dollar index rising 0.94% on Wednesday, recording two consecutive gains on the daily line, reaching a high of 99.94, a nearly one-week high, and closing at 99.90. Earlier, US President Trump said he did not intend to fire the Fed chairman and hinted at progress on tariffs. The dollar and US stocks rebounded, suppressing gold prices. After gold prices were blocked and fell back at the 3,500 mark, more short-term long profit-taking also dragged down gold prices.
From the daily level, gold rose strongly during Tuesday's session, hit the key price of 3,500, then fell back and finally closed down. This trend of rising and falling showed that the selling pressure from above was heavy, and the buying power encountered strong resistance from selling at high levels. Then, gold continued to fall on Wednesday and closed down again, forming a technical pattern of two consecutive declines. This continuous decline further confirmed that short-term bears are dominant.
Overall, today's short-term operation strategy for gold is mainly rebound short selling. The upper short-term focus is on the 3365-3370 line of resistance, and the lower short-term focus is on the 3305-3300 line of support
Interval buy: 3305-3303, LS:3293, TP: 3325-3335
Interval sell: 3360-3362, LS:3372, TP: 3340-3345
Key points:
First support: 3305, second support: 3300, third support: 3290
First resistance: 3360, second resistance: 3370, third resistance: 3375
Gold Analysis | End of Bullish Trend or Start of Major CorrectioAfter completing five bullish waves based on Elliott Wave Theory, Gold is now at a major decision point!
✍️ This week’s outlook:
Key Resistance: $3377
As long as this level holds, we expect a bearish C wave targeting $3166.
Chart is ready; waiting for price action confirmation!
Alternative Scenario: If resistance breaks, the corrective scenario will be invalidated.
What’s your outlook on Gold?
#TechnicalAnalysis #Gold #ElliottWave #TradingView #XAUUSD
GOLD Expecting once Short Term Bearish Gold next setup trade wisely best of Luck.
Analysis from Mr Martin Date 25 April Friday 2025
Gold seeing a bearish pattern no need to move upside Gold is very weak Optimism about tariff cuts quickly faded after denials from the white house weak US business activity data is fuelling talk of fed Policy fed Policy technically Gold will push but no up more after again decline top downside.
Ps Support with like and comments for motivating to share more analysis with you Thanks investors.
Bearish drop?XAU/USD is rising towards the resistance level which is a pullback resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 3,419.43
Why we like it:
There is a pullback resistance that lines up with the 38.2% Fibonacci retracement.
Stop loss: 3,458.51
Why we like it:
There is a pullback resistance level that is slightly above the 61.8% Fibonacci retracement.
Take profit: 3,355.45
Why we like it:
There is a pullback support level that is slightly below the 61.9% Fibonacci retracement.
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GOLD Technical Analysis! BUY!
My dear subscribers,
GOLD looks like it will make a good move, and here are the details:
The market is trading on 3457.8 pivot level.
Bias - Bullish
My Stop Loss - 3449.8
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 3472.7
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
XAUUSD H4 | Bearish Drop in the short termBased on the H4 chart analysis, we can see that the price is testing our sell entry at 3479, aligning with the 261.8% Fibo extension.
Our take profit will be at 3415.26 , a swing low support.
The stop loss will be placed at 3524.53.
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Please be advised that the information presented on TradingView is provided to Tradu (‘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.
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XAU / USD 2 Hour ChartHappy start to the trading week. I can see a few possible scenarios playing out. Let's see what happens at my first area of interest. I am not looking to take a trade when the market just opens. But I will keep my eye on both areas of interest and check to see how the overnight sessions went. Big G gets my thanks. Be well and trade the trend.
GOLD - $6,200+ BULL RUN?! (MONTHLY TF)I believe we’re in for another huge bull run towards Wave 5 ($6,200), after a Wave 4 correction towards $2,800. Waiting on a final move down to liquidate late buyers.
Confluences👇
⭕️Wave 3 Peaked at Psychological Number of $2,500 (LQ Point).
⭕️Wave 4 & 5 Pending.
⭕️Overbought Market Conditions.
XAUUSD Opening Trends and Trading Strategies Next WeekShould the downward trend persist and breach the 3265 mark 🔻, the subsequent support level to watch closely will be 3195. Conversely, in the event that this key resistance holds firm 🛡️, there's a strong likelihood of a rebound kicking in as early as next week 📈!
XAUUSD Analysis
I. Interpretation of the News 📰
This week, the multiple shifts in Trump's attitude towards Powell have become a key factor driving significant fluctuations in the gold price. On Monday, US President Trump bluntly stated that if interest rates are not lowered immediately, the US economy may slow down, and he once again criticized Federal Reserve Chairman Powell. However, Powell responded that before the impact of Trump's tariff plan on inflation becomes clear and does not lead to a sustained surge in inflation, it is not appropriate to cut interest rates. 💰💼
The continuous pressure exerted by the Trump administration on the Federal Reserve Chairman has triggered a series of market reactions: the stock market has fallen under pressure, and bond yields have risen. This has led investors and analysts to start pondering what the consequences would be if Trump insists on challenging the independence of the Federal Reserve's monetary policy and even attempts to remove Powell from his position with a little over a year left in his term. This uncertainty has injected more volatile factors into the gold market. 😰📊
II. Current Market Trends📈📉
The recent trend of the gold market has been extremely volatile, with intraday trading fluctuations frequently approaching $100. Against the backdrop of tense trade situations, market risk - aversion has skyrocketed, pushing the gold price to break above the $3,500 mark at one point. However, as Trump's stance on tariffs softened this week, coupled with long - position investors taking profits near the $3,500 level, the gold price has dropped significantly this week, hitting a low of around $3,260.🚨💥
III. Technical Analysis 📊
(1) Daily Chart 📅
Yesterday, gold closed with a large bearish candle with a relatively long lower shadow. When the price fell to around $3,265 for the second time, a double - bottom support formed, and the price stabilized and rebounded to $3,319. This trend indicates that $3,265 has become a key defensive position for the bulls in the near term. As long as this level holds, the gold price is not likely to weaken easily and will most likely maintain a volatile upward trend. ⚖️🚀
(2) 4 - Hour Chart ⏱️
From the perspective of the 4 - hour chart, gold is in a triangular consolidation pattern. Currently, the gold price has received effective support from the trend line and is gradually starting an upward trend. At the same time, the resistance of the middle band of the Bollinger Bands to the K - line is not significant, which further validates that the medium - to long - term bullish trend of gold is taking shape. With the appearance of consecutive upward - closing candles, it provides strong support for the subsequent rise of the gold price. It is expected that the key short - term resistance level is around $3,370, and gold is expected to start a new round of upward rally on this basis. 🌟📈
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟
Gold stopped falling and stabilized and reboundedIn terms of market conditions, yesterday there was another big drop, from 3386 to 3260, with a total drop of 126 US dollars. This is the power of Trump's speech on reducing tariffs. Gold prices rise and fall as soon as he opens his mouth. Sometimes I really doubt whether he, a businessman, is investing. There may be a group of people around him who know his speech in advance and wait for the capital market to make money.
Back to the point, the entire decline of gold from 3500 to 3260 reached 240 US dollars, which took only two days. While the price fell, it brought about the correction of technical indicators, especially the daily line just stepped back on the short-term moving average, and the hourly line and the 4-hour cycle showed a healthy state. The market returned to the technical trend, but the current high price base brought about large daily fluctuations, so you should get used to it and do a good job of risk control.
At present, gold has stopped falling and stabilized. The daily line closed with a big negative for two consecutive days. The correction of the decline of 240 US dollars is almost in place, which is basically the same as the adjustment of 210 US dollars in the previous round. Then the probability of breaking the low again today is not high. The retracement adjustment in the strong bull market is generally about three trading days. Today is the third day. Combined with the decline in the previous two days, it is likely to fluctuate widely today.
Lianyang's rise was blocked by the first-line pressure of 3367 and fell back. Pay attention to the first-line support of 3330 to continue to be bullish. The upper pressure is at 3385-3386. If it touches it, you can go short.
Real-time Operation Explanation of XAUUSDLooking back on our previous analyses, we have repeatedly emphasized the close correlation between the easing of tariff issues and the pullback in the price of gold 🔍 Now, based on the judgment of the latest market dynamics, today's trading strategy for gold still maintains short selling as its main tone 📉 Here, we solemnly remind all freelance traders that to avoid the risk of account liquidation caused by drastic market fluctuations, it is advisable to stay away from taking long positions as much as possible ⚠️
From a technical analysis perspective, 3340 has formed a solid resistance barrier 🚧 Once the price of gold rises and reaches this area, it is highly likely to encounter strong selling pressure and decline 📉 This is precisely the optimal time to place a short order 📝 If the price breaks through 3340, look up to the range of 3360 - 3380, and continue to place short orders. In addition, the price range of 3330 to 3320 deserves special attention 👀. As the starting point of a large bullish candlestick on the hourly chart, it is also a potential support level for long positions during retracements 📈 At the same time, the gain or loss of the key support level of 3280 below is of great significance 📊 If this support level is effectively broken, it indicates that the bearish forces have full control of the market, and the price of gold may initiate a new round of decline ⬇️ The next target price can be focused on around 3195 🎯. It is crucial to keep in mind that in the actual trading process, formulating a rigorous SL and TP strategy, as well as reasonably managing the position size, are the keys to achieving stable trading 🔑
⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️
🚀 Sell@3380 - 3360 - 3340
🚀 TP 3330 - 3320 - 3300 - 3280
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟