I Bought at $3,308.16, Gold Market Hey fam, I’m back with an update on my XAU/USD M30 chart from April 25, 2025, at 09:19 PM WAT. I bought at $3,308.16 just now, after closing my earlier short at $3,305.69, and I’m here to break down my new trade setup for you. I’ve been hunting gold all week, balancing my trades with my passions like curating scents at Icon Collections Store, and I’m excited to share this move. Let’s analyze my buy, see how it aligns with my checklist, and make this interactive—grab a smoothie from Tastequest.com and let’s dive in!
At 09:19 PM WAT, gold was at $3,306.52 (sell price) on the M30 chart, but I bought at $3,308.16, likely anticipating a bounce after the recent spike. Let’s recap the context: I had a short position at $3,305.69, targeting $3,294.71, with a stop-loss at $3,306.57. Gold spiked to $3,306.52, just 5 pips from my stop-loss, testing the bearish order block at $3,306.21. I suspected a liquidity grab by smart money, hunting stop-losses above the order block before resuming the downtrend. However, the spike to $3,306.52 and the failure to break above the previous high at $3,306.98 prompted me to close my short and flip to a buy at $3,308.16, expecting a potential reversal or short-term bounce.Let’s run through my checklist to see how this buy fits my criteria, which I’ve fine-tuned over six months:Harmonic Patterns: No clear XABCD structure is visible, but the spike to $3,306.52 and failure to break $3,306.98 suggest a potential reversal. This aligns with my past use of harmonic patterns, like the bearish shark I identified earlier this week, but now I’m looking for a bullish setup.Market Structure: The broader trend is still bearish—lower highs and lower lows since $3,499.99 on April 22. However, the spike to $3,306.52 and rejection at the $3,306.21 order block could indicate a short-term bullish move, possibly a liquidity grab setting up a bounce.Order Blocks: The bearish order block at $3,306.21 was retested, but the failure to drop immediately suggests buyers might be stepping in. I’m now looking for a bullish order block below, potentially around $3,294.71, where buyers defended earlier.Volume Profile: Not visible, but I’d expect high volume at $3,306.21, with a Fair Value Gap below near $3,294.71. A spike in volume on this bounce would confirm buying pressure.Top-Down Analysis: H4 and H1 are bearish, but M30 shows this spike as a potential reversal setup. M15 would confirm with a green Heikin Ashi candle if buyers take control.Heikin Ashi: Not visible, but I’d expect a green candle on M15 to confirm my buy. The green candle at $3,306.52 shows buying pressure, supporting my decision.Fibonacci: From the high at $3,306.98 to the low at $3,294.71, the 61.8% retracement is near $3,302.21, and the 78.6% is around $3,304.21. My buy at $3,308.16 is above the 100% Fib, suggesting I’m catching a potential breakout above the order block.Gann Theory: The descending trendline points to a target near $3,294.71 for bears, but a break above $3,306.98 could target $3,312.10, the next resistance on the chart.MACD and RSI: Not shown, but I’d expect MACD to show increasing momentum on this bounce, and RSI might be moving above 50, indicating a shift from bearish to neutral momentum.Risk Management: My buy at $3,308.16, stop-loss below the recent low at $3,294.71 (1345 pips risk), and take-profit at $3,312.10 (394 pips reward) gives a 1:0.3 reward ratio—lower than my usual 1:3, but I’m playing a short-term bounce. I might adjust this as the trade develops.Confirmation: I wait for all pieces to align. The failure to break $3,306.98, the retest of $3,306.21, and likely green Heikin Ashi on M15 are my signals for this buy.
Trade Assessment: My buy at $3,308.16 is a bold move, as the broader trend remains bearish, but I’m playing a short-term bounce after the liquidity grab at $3,306.21. The failure to break above $3,306.98 and the buying pressure at $3,306.52 support my decision, but my risk-reward ratio is tight. I’ve flipped positions before—like when I targeted 20 pips on a 15-minute XAU/USD chart earlier this year—so I’m comfortable with quick adjustments. I’m targeting $3,312.10, the next resistance, but I’ll watch for a break above $3,306.98 to confirm this move. If price drops below $3,294.71, I’ll exit and reassess for a bearish setup. My system’s rated a ten out of ten, but I need to improve my timing, as I’ve entered early before, like on April 23 when I sold at $3,310 instead of $3,315.
GOLDCFD trade ideas
gold bearishGold spot prices are showing signs of strength after dipping into the $3190 liquidity zone and holding firm. The bearish momentum has stalled as price tapped into a key area of interest, suggesting that smart money may have engineered a liquidity sweep to fuel a potential bullish reversal.
XAUUSD- 1H UpdateChart Description – XAUUSD 1H (Gold Spot vs. USD)
This is a multi-scenario Smart Money Concept (SMC)-based projection chart for Gold (XAUUSD), focusing on potential bullish retracements and major bearish continuations, incorporating Buy Zones, Sell Zones, and Change of Character (CHOCH) areas.
🔍 Key Components:
🟣 Sell Zones
Two sell zones are identified, with the highest near the All-Time High (ATH) around the $3,500 mark.
These are areas of expected bearish reaction if price retraces upward after a low.
🟢 Buy Zones
Located between $3,200 – $3,160 and another deeper one near $2,960, where potential bullish reactions may occur.
🔵 CHOCH - 4H
Marked in red around $3,260 area, indicating a 4-hour Change of Character, suggesting a potential shift from bullish to bearish sentiment.
🔸 Key Price Levels
$3,120: Historical support/resistance.
$2,956.20: Major swing low and key demand zone.
📊 Projected Market Path (Colored Waves)
🔹 Blue Path (Bullish Retracement Scenario)
Price is expected to retrace into a sell zone around $3,400–$3,460 after testing the current demand.
From there, a major sell-off is anticipated.
🔷 Cyan Path (Bearish Continuation)
Following the retracement, the market is projected to break below the recent low and head toward lower buy zones, potentially near the $3,120 and $2,960 regions.
Shows lower-high and lower-low formation, consistent with a bearish trend.
🧠 Market Sentiment
This chart suggests a bearish outlook for Gold unless a structural shift invalidates the CHOCH zone and supply levels. The chart highlights the importance of:
Waiting for confirmation in the supply zones before shorting.
Considering buy opportunities only in valid buy zones with bullish reaction confirmation.
Gold (XAUUSD) Analysis – All-Time High & Path Toward 3500
Gold has just reached a new all-time high, and we’re currently seeing a healthy retracement, likely driven by liquidity collection. This move is part of a broader bullish structure, with market sentiment remaining strong.
We’ve identified solid support around the 3269.26 level, which has held well, offering a potential launch point for the next leg up. Our medium-term target is the 3500 resistance area. While price may not reach this level immediately, the current structure suggests a steady climb over the coming days.
Positive macroeconomic news continues to support the bullish outlook, and long-term sentiment is increasingly pointing toward the 4000 level as the next major milestone.
Stay patient, trade smart.
XAU/USD 24 April 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as yesterday's analysis dated 23 April 2025
Price has now printed a bearish CHoCH according to my analysis yesterday.
Price is now trading within an established internal range.
Intraday Expectation:
Price to trade down to either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high priced at 3,500.200.
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: Bearish.
Price printed as per my note yesterday whereby I mentioned that we should be surprised if price printed a bearish iBOS as all HTF's require a pullback.
Price subsequently printed a bearish iBOS which confirms internal structure.
Intraday Expectation:
Price has traded up to just short of premium of internal 50% EQ where we are seeing a reaction. Price could potentially trade further into premium of 50%, or H4/M15 nested supply zone before targeting weak internal low priced at 3,260.190.
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:
Is the gold price rally over?Market news:
In early Asian trading on Thursday (April 24), spot gold rebounded sharply and is currently trading around $3,355/ounce, supported by bargain hunting. London gold prices continued to fall from record highs on Wednesday, falling nearly 3% to a low of $3,260/ounce, a stunning plunge. U.S. President Trump's remarks not only appeased investors and encouraged risky assets, but also hit international gold. Due to the possible easing of tensions between China and the United States, and U.S. President Trump's statement that he does not intend to fire Federal Reserve Chairman Powell, risk appetite has improved, the overall financial market atmosphere has improved, and the U.S. dollar has also rebounded from Trump's criticism of Powell for not cutting interest rates for several consecutive days. This has suppressed gold prices. After gold prices were blocked and fell back at the 3,500 mark, more short-term long profit-taking also dragged down international gold prices. This trading day will release the initial monthly rate of durable goods orders in the United States in March and the number of initial jobless claims in the United States as of the week ending April 19. Investors need to pay attention to them. In addition, they need to continue to pay attention to relevant news about the international trade situation and geopolitical situation.
Technical Review:
Gold Since 2025, the bull market of gold has been obvious. In just one quarter, it has reached the 3500 mark, and the increase has jumped by about 30%, which further illustrates the severe global economic situation and the risks brought by regional political turmoil, thus prompting investors to choose to buy gold to avoid inflation! After the gold white plate fell yesterday, the European plate continued to adjust widely, and the long and short battles were obvious. Subsequently, the short-term correction continued to intensify. The United States was afraid of breaking down again to 3260, the largest correction from the recent high! As time goes by, Huang is facing the closing of the monthly and weekly lines today. In the short term, we believe that the correction is likely to end soon, and there will be another pullback at any time. Pay attention to the 3380 inflection point for the pullback, and the inflection point breakthrough will be tested again at any time! At present, from the market, we can clearly see that the long-term gold bull market is not reduced. The short-term correction may be for better stretching later. Therefore, we should pay attention to the correction strength in the short term. From the 4-hour chart, the current long MACD of Huang Jin is gradually decreasing, and it is about to switch to short position. However, the KDJ indicator signal bottom divergence, and the big golden cross is expected. Obviously, the most important thing is to look at the Asian market trend and the closing of the next white market of gold!
Today fenxi:
The gold daily line fell by 240 US dollars in a row. At present, 3500 is temporarily under short-term pressure. Whether the adjustment is over or not is still uncertain. The short-term 4-hour middle track 3380 has been lost and has become a key counter-pressure point. As long as it does not stand on it again, it will maintain a downward correction. After breaking 3292 below, it is the 66-day moving average of 3260 to see the loss! The 1-hour K-line was under pressure from ma10 and ma5, and continued to fall. After last night’s consolidation and pull-up, the K-line is now running above ma10 again, and the macd is under the zero axis. This wave of 200 US dollars’ rapid decline has almost corrected most of it. If it continues to fall, or with the help of bottom divergence, it will slowly brew a short-term bottom! Today is also a critical day for gold. After the bottom of 3260, will the adjustment end and continue to rise, or will it just rebound? Then today’s strength is very important. If gold continues to rise directly today without a major correction, it means that gold may start to fluctuate and rise again.
Operation ideas:
Short-term gold 3315-3318 buy, stop loss 3306, target 3360-3380;
Short-term gold 3387-3390 sell, stop loss 3400, target 3320-3330;
Key points:
First support level: 3326, second support level: 3300, third support level: 3288
First resistance level: 3350, second resistance level: 3376, third resistance level: 3400
Daily Analysis- XAUUSD (Thursday, 24th April 2024)Bias: Bearish
USD News(Red Folder):
-Unemployment Claims
Analysis:
-No bottom wick on daily open
-Looking for retest of 0.5 or 0.618 fib level
-Potential SELL if there's confirmation on lower timeframe
-Pivot point: 3420
Disclaimer:
This analysis is from a personal point of view, always conduct on your own research before making any trading decisions as the analysis do not guarantee complete accuracy.
Thu 24th Apr 2025 XAU/USD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a XAU/USD Sell. Enjoy the day all. Cheers. Jim
Gold: Building Momentum for a SurgeThere has been a remarkable negative correlation between DXY and gold prices for a long time. Although this internal logic is short-term disturbed by multiple complex factors, the core correlation has always dominated the market rhythm. Recently, the joint remarks by the U.S. Treasury Secretary and Trump on easing tariff issues may boost the U.S. dollar emotionally in the short term, thereby suppressing the bullish momentum of gold. However, this impact needs to be examined within the macro framework.
Currently, the high uncertainty of the global economy, the intermittent escalation of geopolitical risks, and the reconstruction of inflation expectations in some economies jointly form a long-term supporting logic for the safe-haven attribute of gold. From a trading perspective, the above-mentioned short-term disturbances instead provide a window for strategic allocation — long-term investors who have not yet positioned or exited midway can take the opportunity of market sentiment fluctuations to build positions in batches, with key attention paid to the test opportunities of the critical support range of $3,250-$3,280 short-term traders need to strengthen discipline and strictly follow the established stop-loss and take-profit rules. Given the amplified volatility and enhanced randomness of the current market, it is recommended to appropriately shorten the operation cycle and closely track the intraday dynamics to adjust strategies.
Overall, the marginal changes in tariff policy expectations only constitute small-level fluctuations in the trend process, and the medium-to-long-term upward logic of gold remains undamaged. Investors can grasp structural opportunities under the premise of controlling positions according to their own risk preferences.
XAUUSD
buy@3250-3280
tp:3300-3340
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.
XAU / USD 2 Hour Chart ( Sell Scalp Trade )Hello traders. Per my last analysis. I took the Sell from the line marked on the chart. And I showed how and where I closed portions of the trade and where I exited the trade. This may be my one trade for the week. I can see some more downside after we possibly push back up during the Pre NY volume / NY open to take out anyone holding short positions. Great scalp trade today. Big G gets a shout out. I will post another chart in the next few hours. Be well and trade the trend.
Gold - Warning #1 IssuedGold goes up forever right?
Not necessarily...
Our Team at Bullfinder-official has identified potential risk in OANDA:XAUUSD , issuing Warning #1.
Gold has been moving aggressively to the upside for some time now, hitting +116% since November of 2022.
Gold currently sits at $3,313 - And although this may not be the exact top of this run, we would like to note that current regions may warrant greater caution, and present greater levels of risk.
We're inspired to bring you the latest developments across worldwide markets, helping you look in the right place, at the right time.
Thank you for reading! Stay tuned for further updates, and we look forward to being of service along your trading & investing journey...
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0429 4H TRADING OPPORTUNITY FOR GOLDHello traders,
The seven major U.S. stock markets are no longer in the limelight, and the market is facing a major test
Even after the past week's rally, the Big Seven have had their worst first quarter since 2022!
Over the past two years, seven major tech companies--Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla--have driven a strong rally that pulled stocks out of the 2022 bear market, setting dozens of all-time highs.
Today, even after the past week's rally, the seven major U.S. stocks have had their worst start to a year since 2022, according to Dow Jones Market Data. All seven stocks are down more than 6.5%, wiping out a total of $2.5 trillion in market value. [
1. Core earnings focus: Can tech giants continue their growth myth?
Earnings schedule and market expectations
Meta (after the close on April 30)
Microsoft (after the close of trading on May 1)
Apple (after the close on May 2)
Amazon (after the close of trading on May 3)
Risk warning signals
Nvidia showed weakness ahead of time: fell 2.1% on Monday.
Divergence in the Nasdaq: The Dow's fifth straight gain contrasts with a slight drop in the Nasdaq, which could trigger a broader sell-off if it falls below its 15,000 support level after earnings.
II. Interpretation of the latest market data
Changes in liquidity environment
US Treasury yields fell: The yield on the 10-year Treasury note fell to 4.213% (from 4.267%), a low interest rate environment is positive for tech valuations, but the US Treasury's new $514 billion borrowing program could drain liquidity from the market, so watch for changes in funding.
Dollar index weakens: The Wall Street Journal dollar index fell to 95.78 (from 96.34) and a weaker dollar is usually good for foreign earnings conversion for multinational companies, but if the debt ceiling crisis heats up, the dollar could rebound quickly.
Commodity market feedback
Gold rallied back: Spot gold closed at its third-highest level in history ($3,332.50 an ounce), as risk aversion rose. If earnings fall short of expectations, gold could test the $3,400 mark again.
Crude oil demand concerns: WTI crude fell to $62.05 / barrel, Brent to $65.86. Weak tech stocks could exacerbate the deterioration in economic expectations, further weighing on the outlook for crude oil demand.
3. Analysis of key linkage effects
Negative correlation between tech stocks and gold: If the earnings blow leads to a sharp drop in the Nasdaq, gold's safe-haven nature will be highlighted, and capital may accelerate into the precious metals market.
Crude oil as an economic barometer: Weak tech giant earnings-> Downgraded global economic outlook-> Dismal outlook for crude oil demand, WTI may test psychological support at $60.
Weekly circle prompt:
[At the beginning of this week, new warehouses entered to short gold, and need to wait for a new one-hour reversal signal in the European and American sessions before continuing to enter to short gold,
aim to do
TP1:3265
TP2: 3240
TP3:3225
TP4: 3205】
On Monday, during the European session of gold, there was a reversal signal at the support structure position on the 1-hour chart, and the long plan was put on hold.
Daily chart, gold has been trading above the EMA in a volatile market, and the bearish force is not strong enough to reverse the gold rally.
The data on Tuesday was light, so we changed our thinking and continued the upward direction on Monday to go long on gold. Using the FIBO calculation of last week's downtrend, the target for going long on gold is:
TP1: 3380
TP2: 3408
TP3: 3447
GOOD LUCK!
LESS IS MORE!
Next Steps and Market Outlook on Trading Gold If buyers hold above $3,306.21 and break $3,306.98, I’ll look for $3,312.10 as my first take-profit, potentially extending to $3,319.05 if momentum builds. If price fails to break $3,306.98 and drops below $3,294.71, I’ll exit and flip back to a short, targeting $3,269.82, as I’ve noted in my earlier analyses this week. The market’s tricky with these liquidity grabs
What do you think, fam? Was my buy at $3,308.16 a smart flip, or am I jumping the gun against the bearish trend? Drop your thoughts below—I’m curious to hear how you’d play this XAU/USD setup! If you’re one of the two ready to join me at Academia for Forex Trading, let’s talk—we’ll hunt these markets together. And while you’re at it, check out Icon Collections Store—does RiverSide, Desire, or Icoca vibe with your trading energy? Let me know!
Gold forms a top patternOn the H4 chart, the gold price chart is forming a clear bearish structure after forming a three-peak pattern in a row around the $3,435–$3,470 range. Each time the price touches this range, it is strongly rejected, indicating that selling pressure controls the market. The fact that the price cannot maintain above the EMA34 and EMA9 at the same time is also a sign of confirmation of a weakening trend in the short term.
Although gold recovered slightly to the $3,365 range in the Asian session on April 25 thanks to news of PBOC money injection and a weakening USD, the buying pressure was not enough to break the bearish structure. The price quickly reversed and fell below the $3,300 mark, confirming the possibility of further correction in the near future.
Currently, the price has cut below the two EMAs and broken the nearest bottom at $3,290, triggering a bearish signal according to the “small head and shoulders” pattern on the H4. The next target is the strong support zone of $3,180–$3,220. If this zone is broken, the correction trend may extend deeper to the $3,100 area.
The appropriate short-term strategy at this time is to wait for the price to retrace to the $3,310–$3,330 area, cut losses above $3,350 and take profits around $3,200. The bullish scenario will only happen if the price breaks above $3,370 and closes above the old resistance – then the bearish structure will be broken.