GOLDCFD trade ideas
Gold Intraday Trading Plan 4/4/2025Gold was quite mad yesterday. After touched a new ATH of 3167, it quickly dropped more than 1k pips to 3155 and went back another 800pips to 3135. Finally it closed the day above 3110.
While in smaller timeframes it showed bearish signals, in 12hrly TF, it is above EMA and daily support of 3105. I will be cautious about trading today as it is NFP today.
In short, I will trade breakout today. If 3137 is broken, i will buy towards 3175. If 3105 is broken, I will sell towards 3137.
Gold Trade Plan 03/04/2025Dear Traders,
today i expect price will be Start Correction to 3080-3060,
i specified 2 Alternatives for correction ,
If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza!
GOLD LONGWe are in an upward trendline. We are in a fair value gap. Also the pair is on a point of interest on the fibonnacci zone. we are at 0.236 level we want to go long till 3148 . We join the market at the current rate
Gold - Price is at resistance with bearish RSI divergencePrice is at resistance with bearish RSI divergence (overbought at 72.39) and a potential double top forming. Volume is declining, indicating weakening momentum.
Stochastic Oscillator (14, 1, 3): The Stochastic is at 90.48, well into the overbought territory (above 80). This indicates that the price may be overextended and due for a pullback.
Relative Strength Index (RSI, 14): The RSI is at 72.39, also in the overbought zone (above 70). Additionally, there’s a bearish divergence—while the price made a higher high near $3,135.060, the RSI made a lower high, signaling weakening momentum.
Simple Moving Average (SMA, 14, 2) on RSI: The RSI’s SMA is at 68.05, showing that the RSI is still elevated but trending downward, supporting the bearish divergence.
Resistance Rejection: The price is failing to break through the $3,132.528–$3,135.060 resistance zone, as evidenced by the red circle showing a sharp rejection.
Bearish Divergence: The RSI (72.39) shows a bearish divergence, indicating that the upward momentum is fading despite the price hitting a higher high.
Overbought Indicators: Both the Stochastic (90.48) and RSI (72.39) are in overbought territory, suggesting the price is overextended and likely to correct.
Volume Decline: Decreasing volume on the recent push to resistance indicates a lack of buying conviction, increasing the likelihood of a reversal.
Double Top Potential: The price action near $3,135.060 resembles a double top pattern, a bearish reversal setup, especially with the rejection at this level.
Monitor for Confirmation: Watch for a bearish candlestick pattern (e.g., a shooting star or bearish engulfing) on the 5-minute chart to confirm the reversal before entering the trade.
Risk Management: Only risk a small percentage of your account (e.g., 1-2%) on this trade. Adjust position size based on the stop loss distance.
Gold Elliott AnalysisHello friends
As predicted, we expected a 5-wave formation, which happened, and with the formation of a divergence between waves 3 and 5, the price of gold fell.
Now a small wave with 5 parts has formed, which could be wave A of a zigzag.
We expect the price to grow by 61.8% of the decline that occurred in the main wave B.
Now, considering the psychological support of $3,000, this price reversal may happen right now or it may fall to the $2,960 range and then the price will grow.
In general, we will have a growth in the main wave B and then another sharp decline in the main wave C.
Meanwhile, the RSI indicator has also reached the oversold limit.
Good luck and be profitable.
Analysis of gold trend:（2080-3050）Analysis of gold trend:（2080-3050）
In the early Asian session on Monday (April 7), spot gold continued to fall, once losing the 3000 integer mark, and refreshed the low since March 13 to 2976.97.
Affected by the rising concerns about international trade, US stock index futures continued to fall sharply, and the stock markets of Japan, Australia and New Zealand also followed the decline. Investors continue to sell gold to make up for the losses caused by the plunge in the market.
The current geopolitical situation is still in a state of easing or uncertainty, and the negative or positive effects on gold prices will be limited; Trump’s tariff policy has been fully implemented, and the positive factors have weakened; in addition, the Federal Reserve still said that it is not in a hurry to cut interest rates, which also weakened the bullish momentum of gold prices.
From a technical perspective:
The decline in gold did not continue. The market digested it after the opening, and there is room for a substantial increase. The current highest is 3055, an increase of 85 US dollars across the board.
This wave of decline may stop at the current 2970, and the rise can still see the previous high of 3150. Therefore, in this week's gold trading, the bullish trend is maintained, with 3150 as the target.
4-hour cycle:
After a low rebound, today's bottoming performance has also appeared, and the next wave can be seen at 3100-3150.
Today's strategy: Find key support points to go long:
Key support: 2970-2980
Current support: 3010-3015
Current resistance: 3055-3060
Key resistance: 3100-3150
Try to go long at a low price.
Note: At present, the volatility is severe, and the difficulty of conventional 5-10 point stop loss transactions has increased significantly, and the position ratio should be reasonably controlled.
GOLD will go for a nice dip before trying to make a higher atte.GOLD will go for a nice dip before trying to make a higher attempt.
Sell At my giving zone a strong sell at tge 15m-30m zone after manipulation targeting atleast 100-200pips in this sell.
Gold Preparing for a big move?We have seen gold consolidating and testing key supply zone multiple times without breaking it. Below, we still have the liquidity zones untapped. Possibly, we could see gold taking out the equal lows, tap the demand zone and keep with the bullish momentum.
Gold Technical Analysis- New ATH 3170+OANDA:XAUUSD
Gold long Now
Entry 3118/3129
1st target 3145
2nd target 3155
3rd target 3165
4th target 3185
Invalid level 1hour Candle close below 3105
XAUUSD M15 I Bearish Reversal Based on the M15 chart, the price is approaching our sell entry level at 3013.90, a pullback resistance that aligns close to the 61.8% Fibo retracement.
Our take profit is set at 2978.66, an overlap support.
The stop loss is set at 3055.40, a swing high resistance.
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Is the deep downward correction trend over?🔔🔔🔔 Gold news:
➡️ Major stock indexes plunged on Monday as U.S. President Donald Trump showed no signs of backing down from his sweeping tariff plans, prompting investors to bet that rising recession risks might force the Federal Reserve to cut interest rates as early as May.
➡️ Futures markets quickly priced in nearly five quarter-point rate cuts by the Fed this year, sending Treasury yields sharply lower and weakening the U.S. dollar despite its safe-haven appeal.
➡️ The market selloff intensified after Trump reporters told that investors would have to "take their medicine" and that he would not sign a trade deal with China until the U.S. trade deficit is addressed.
Personal opinion:
➡️ The trade war is taking place without mercy between the sides. This will be the driving force to make gold prices increase back to their main trend. And it seems that the deep correction has ended
➡️ Analysis based on important resistance - support and Fibonacci levels combined with trend lines and EMA to come up with a suitable strategy
Resistance zone: 3056 - 3076
Support zone: 3016 -2979
Plan:
🔆Price Zone Setup:
👉Sell Gold 3077 -3075
❌SL: 3083 | ✅TP: 3070 – 3085 – 3080
👉Buy Gold 3013 -3015
❌SL: 3008 | ✅TP: 3020 – 3025 – 3040
FM wishes you a successful trading day 💰💰💰
XAUUSD Potential rise There is an upward impulse wave and a correction pattern. Another upward impulse wave is expected.
XAUUSD: 7/4 Today's Market Analysis and StrategyGold technical analysis
Daily chart resistance 3080, support below 2950
Four-hour chart resistance 3050, support below 2970
One-hour chart resistance 3035, support below 3010.
The global stock market crash has triggered a large amount of funds to sell gold to cover stock market positions, but the central bank's demand for gold purchases (such as China's increase in gold holdings in March) provides long-term support. If the panic in the stock market eases and funds flow back to the gold market, it may push the gold price to rebound to $3050-3070. If the DXY index rises or the US stock market is sold more violently, the gold price may fall to the support band of $2950-2970.
Technical short-term bearish but need to guard against rebounds after oversold, pay close attention to US stock market fluctuations and geopolitical events, if panic escalates, it may trigger a simultaneous decline in gold and the stock market
Sell: 3040 SL: 3045
Sell: 2980 SL: 2985
Is gold going to be eclipsed?
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Timeframe: 240 Min
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The price action suggests a completed impulse structure originating from the 2833 low, with gold now trading at an all-time high. Based on cluster zones and Fibonacci extensions, wave (5) still has the potential to extend toward the 3150-3200 range. This zone represents a key resistance level where buying momentum may slow down, signaling an impending shift in market dynamics.
Once wave (5) completes, it will mark the end of wave ((3)) of a higher degree, setting the stage for a corrective move. A retracement toward the previous wave (4) level is expected as wave ((4)) develops, aligning with historical corrective behavior after extended rallies. This phase will provide crucial insights into the market’s next major move. Stay tuned for further updates.
XAUUSD Shorts Readying XAUUSD price should climb towards 3125 before a potential reversal to 3100. Let us observe how price behaves within this bearish flag pattern
Gold (XAUUSD) 30-Minute Trade Setup: Bullish Reversal from SuppoThis chart represents a trading analysis for Gold (XAUUSD) on a 30-minute timeframe. Here are the key points from the chart:
Technical Indicators:
EMA (30, close) - Red Line: 3,124.52 (shorter-term trend)
EMA (200, close) - Blue Line: 3,090.41 (longer-term trend)
Trade Setup:
Entry Point: 3,108.21
Stop Loss: 3,098.52 (just below the support zone)
Target Point: 3,149.04 (potential profit level)
Analysis:
The price is currently bouncing from a purple support zone, which aligns with a short-term retracement.
The 30 EMA (red) is currently above the price, indicating short-term resistance.
The 200 EMA (blue) is significantly lower, showing that the overall trend is still bullish.
A potential long (buy) trade is suggested, as price is expected to reverse from the support level towards the target point of 3,149.04.
Risk-to-Reward Ratio:
The stop loss is set below the key support level to minimize risk.
The target price provides a significant profit potential.
Conclusion:
If price holds above 3,108.21, there is a strong bullish case.
If price breaks below 3,098.52, the bullish setup may become invalid.
Monitoring the 30 EMA resistance will be crucial for confirmation.
Is Gold Returning to Its Main Uptrend After a Deep Correction?🔔🔔🔔 Gold news:
➡️ Gold rebounded from its monthly lows to test the $3,000 level during Asian trading on Tuesday, ending a three-day losing streak. Concerns over a potential trade war impacting the U.S. economy and triggering a recession, combined with growing expectations of more aggressive interest rate cuts by the Federal Reserve, have renewed interest in the non-yielding metal.
➡️ Tariff developments are expected to dominate market sentiment in the coming days, involving the direction of all asset classes. These tariffs are likely to drive up inflation while also slowing economic growth. Markets are forecasting a bleak outlook for the U.S. economy, which is expected to have ripple effects on other major economies. As a traditional safe-haven asset, gold is poised to resume its previous upward trend.
Personal opinion:
➡️ Gold has begun to recover and has positive signs of increase.
➡️ RSI reversed to increase after entering the oversold zone
➡️ DXY returned to the downtrend, further strengthening this recovery momentum
➡️ Analysis based on important resistance - support levels combined with EMA and trend lines to come up with a suitable strategy
Resistance zone: 3014 - 3055 - 3074
Support zone: 2980 - 2964 - 2921
Plan:
🔆Price Zone Setup:
👉Sell Gold 3013- 3015 (Scalping)
❌SL: 3019 | ✅TP: 3010 - 3005 - 3000
👉Sell Gold 3054- 3056
❌SL: 3062| ✅TP: 3050 – 3045 – 3040
👉Buy Gold 3958- 3960 (Scalping)
❌SL: 2952| ✅TP: 2965– 2970 – 2975
👉Buy Gold 2918-2929
❌SL: 2912| ✅TP: 2925– 2930 – 2935
FM wishes you a successful trading day 💰💰💰
Gold Analysis StrategyTechnical analysis of gold: Gold surged and then fell in the early trading, with the highest price rising to 3167. However, the price subsequently fell and gave up all the gains, falling to 3116 at the lowest. The daily line just touched the 5-day moving average support. As long as the 5-day moving average support is not broken, the short-term trend will continue to rise strongly. According to this momentum, we will see 3200 points in the non-agricultural data tomorrow, Friday. However, one point worth noting is that the 4-hour MACD indicator has a dead cross signal. In addition, the high and fall of gold today, the K-line has formed a combination of Yin and Yang, suggesting that the risk of high-level selling pressure is increasing. Once it falls below the key position of 3100 below, the market will be completely controlled by the bears. So far, there has been a sharp decline, and the impact of the news is more of a roller coaster up and down wide fluctuation. The daily and monthly lines are currently under pressure on the upper track, and bulls should be careful.
The 4H cycle failed to open upward. As a rule, there is a certain probability of a downward kill. The watershed below is still 3100. Only if it falls below this position can it gradually turn to short. At the same time, the current volatility is very large, and any fluctuation starts at ten points. It is recommended to reduce the position to trade; the current long structure of gold has not changed. The key support below is still the long-short watershed of 3100. Above 3100, the strong bullish idea remains unchanged. Short-term operations rely on 3100 for defense, and gradually look up near 3116. Focus on the strength of the European session. If the European session rebounds and does not break the high, then short the US session at highs. Pay attention to the resistance of the 3148-50 area above. On the whole, today's short-term operation strategy for gold is to mainly short on rebounds and supplemented by long on pullbacks. The short-term focus on the upper side is 3148-3150 resistance, and the short-term focus on the lower side is 3100-3110 support.
Short order strategy:
Strategy 1: When gold rebounds around 3148-3150, short sell (buy short) in batches, 20% of the position, stop loss 6 points, target around 3135-3125, break to 3115
Long order strategy:
Strategy 2: When gold falls back to around 3115-3118, buy long positions in batches (buy up) of 20% of the position, stop loss 6 points, target around 3130-3140, break the position and look at 3150
GOLD BULLISH BIAS|LONG|
✅GOLD fell again to retest the support
But it is a strong key level of 3000$
So we are already seeing a rebound
And we will be expecting a
Further bullish move up
LONG🚀
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