XAUUSD bullish wedge This week opened at the 3320's zone followed by a strong bullish wedge. As at the time of this publish, gold is currently at the 3380's zone and we aim to see gold at the 3400's if this bullish momentum holds .Following the analysis also, we still have potential for more bullish pumps as we are yet to hit the 50% trend channel
Further analysis would be given as the market chooses its path
XAUUSD.P trade ideas
XAUUSD: 21/4 Today’s Market AnalysisGold technical analysis
Daily chart resistance 3400-3450, support 3320
Four-hour chart resistance 3400, support 3358
One-hour chart resistance 3400, support 3370
On the first trading day after the holiday, risk aversion continued to drive gold up, with a daily increase of more than 2%, and is about to reach the bull psychological target of 3400 integer mark. The Stochastic indicator is currently overbought, and if it fails to break through 3400, it may trigger a short-term correction.
If the price quickly falls below 3350, it will turn into a bearish trend. COMEX gold futures positions have reached a new high, and we need to be wary of long profits in the NY market that trigger selling.
Gold touching the 3400~3410 range may trigger a rapid correction. It has risen quickly recently, and it has also fallen quickly, and the amplitude is large. Therefore, it is not recommended to chase the high near 3400, and wait for the correction to stabilize near 3358 before buying.
Latest Gold Trading StrategyTrump's remark that "Who has the gold makes the rules" has reignited the gold market, with prices surging unidirectionally to 3370 in early trading following the opening bell. The uncertainty around international trade tariff policies, the uptick in U.S. inflation data, the heightened expectations of Federal Reserve rate cuts, and the intensified global risk-aversion sentiment collectively act as upward drivers for gold prices. Meanwhile, the continuous accumulation of gold reserves by central banks globally provides medium-to-long-term fundamental support for gold.
Strategically, it is advisable to maintain a "buy-on-dips" trading framework and seize position-building opportunities arising from market corrections. However, close monitoring of tariff-related news is critical to guard against potential price declines triggered by the easing of tariff conflicts.
Trading Strategy:
buy@3320-3330-3340
TP:3360-3370-3380
The signals resulted in continuous profits, and accurate signals were shared daily.
BULLISH MOMENTUM IS STILL ACTIVE ON GOLD!Price continues to trade new highs in the past trading week. The bullish momentum is still growing and we’re anticipating price to trade upto a new high of $3414 in the coming week. A buy opportunity is envisaged once we see a consolidation above the $3329.84 level.
Technically, price quickly rebounded off the bullish trendline which validated more buy opportunities once we see price consolidate above the $3329.84 level
XAU / USD 30 Minute ChartHello traders. Powell is speaking and I have marked my area of interest to see if we move down for a retest and then a push up. This is just speculation and not trading advice. Big G gets a shout out. Let's see how the next hour or so plays out. I am not trading today, just posting chart. Happy Wednesday. Be well and trade the trend.
XAUUSD Today's strategyIn the gold market, after the opening of today's early trading session, the bullish momentum was strongly released again. The price continuously broke through the previous high of $3,245 and reached around $3,317 at its highest point, demonstrating the dominant and strong position of the bulls. At the same time, it also pushed the market's risk aversion sentiment to its peak.
Given the significant upward surge in the early trading session, the performance of the European trading session has become a key point of observation. If the European trading session maintains a narrow sideways oscillation pattern, there may be a new upward trend during the US trading session. It is necessary to focus on the adjustment range of the bullish retracement. In the current high-volatility environment, the decline may only be a technical correction, rather than a signal of a trend reversal.
It is worth noting that after the gold price broke through the psychological integer barrier of $3,000, the resistance levels above have significantly weakened. Based on a comprehensive analysis and judgment, it is recommended to seize the opportunity to place long positions after the price corrects, so as to capture the subsequent upward space.
XAUUSD
buy@3285-3295
tp:3315-3325
I hope this strategy will be helpful to you.
When you find yourself in a difficult situation and at a loss in trading, don't face it alone. Please get in touch with me. I'm always ready to fight side by side with you, avoid risks, and embark on a new journey towards stable profits.
Bearish Reversal Setup on Gold After Key Resistance TestThe chart presents a 4-hour analysis of Gold (XAU/USD), showing a potential bearish reversal scenario after price tests a major resistance zone near $3,218 - $3,220. The price has surged strongly, currently at $3,218.924, but the forecast suggests that once price reaches the highlighted resistance zone (blue circle), a reversal could occur.
The anticipated movement is:
A short-term bullish push into the resistance zone.
Followed by a bearish reversal with multiple targets:
TP1: $3,150
TP2: $3,070
TP3: $2,950
This outlook implies that traders should watch for signs of exhaustion or rejection near the marked resistance before considering short positions. Key support levels are clearly marked for possible take-profit zones or entries for long re-entries in case of strong bounces.
Let me know if you want a breakdown for trade execution or risk management based on this setup.
Gold Intraday Trading Plan 4/23/2025Gold has been wild yesterday. After hitting ATH of 3500, it went all the way down to 3367. I am expecting the serious correction to take place for a few weeks at least.
Currently it opened a gap. I am expecting the gap to be closed. I will sell from 3375, first target will be 3282.
Is the bullish trend about to end? No, go long on pullbacks!Today, after hitting a high of 3,500, gold began to pull back and adjust, and currently hit a low of 3,372. With such huge market fluctuations, only stable operations can lead to profits.👉👉👉
From a 4-hour analysis perspective, the short-term support below should focus on the 3370-3375 level. Pay attention to the important support at the 3340 level, and focus on the short-term resistance at the 3400 level above. In a market with sharp fluctuations, be cautious about chasing orders, and never trade with heavy positions. Wait patiently for a full adjustment before entering the market.
XAUUSD trading strategy
buy @ 3370-3375
sl 3350
tp 3390-3395
In this highly volatile market, whether going long or short, it is essential to strictly set SL to prevent sudden reversals between bullish and bearish trends!
Gold hits all-time highTechnical Analysis
Gold prices hit an all-time high near $3,500 earlier Tuesday, consolidating a strong uptrend. This latest surge, which has surpassed 10% in just over a month, follows rapid gains from $3,126 to $3,498. Currently, the bulls are maintaining their dominance.
Looking at historical price action, every significant rise in gold has been followed by a period of profit-taking. Therefore, a short-term correction is expected. Furthermore, a break above $3,417 could trigger a deeper correction, which warrants caution.
Trading Recommendations
Trading Trend: Sell
Entry Price: 3,438
Target Price: 3,235
Stop Loss: 3,534
EWTSU XAUUSD H4 update - minute ((3)) developping
Elliott wave trade setup H4 update the previous wave count
minute ((3)) developping -
fib target 1.618 area 3490
macd momentum slow down
minute wave ((4)) should follow corrective
fib target 0.382/0.50 - 3294/3230
macd to zero line
ichimoku first support 3410/3350
Gold is bearish, don't chase the decline
There is no technology to speak of for gold at present. Basically, it is a mindless long position. After breaking the new high again today, a strategy of chasing long positions was decisively given. At present, members who entered the market early have made a profit of 40 points. This market has to be said to be too crazy.
Since gold started to rise from the low point of 2956, except for two normal adjustments in the middle, the price of gold has maintained a strong upward trend relying on the MA5 moving average for most of the time. This trend characteristic shows that in a shorter period, the MA5 moving average has become an important support line for the rise in gold prices. As long as the price runs above the MA5 moving average, the bulls will dominate.
At present, 3500 is about to arrive in a flash, it is just a matter of time. The current market depends on everyone's courage. There are more than a dozen profits when you enter the long position, which is easy, basically without callbacks, and any callback is an opportunity. In terms of operation, you can continue to do more by relying on the short-term moving average MA5.
I am Yulia, and I hope you can gain something and gain insights from my article! A small boat is drifting in the sea. If you don't set sail, you will drift in the sea forever. Only the existing value can truly protect you.