GOLD → Global economic risk indicator consolidates ahead of CPIFX:XAUUSD , rather quickly changes the market structure to bullish and continues its aggressive rally. The economic risk indicator is working perfectly. Technically, the focus is on the range 3135 - 3099
Gold is consolidating around $3,100 in anticipation of US inflation data. The escalating trade war between the US and China keeps demand for defensive assets alive despite the pause in price gains. Trump imposed 125% tariffs on Chinese goods and China retaliated with duties of 84% on U.S. imports. Increased tariff tensions are raising recession expectations and encouraging bets on a Fed interest rate cut, which supports gold. However, a rise in March CPI inflation (expected 2.6% y/y) could trigger a downward correction, although the impact could be short-lived - tariff news remains the main driver
Technically, the price failed to reach the 3135 liquidity zone and reversed, which attracted the crowd willing to sell (deceptive maneuver). But, after correction the price may return to the target quite quickly
Resistance levels: 3135, 3167
Support levels: 3100, 3090, 3077
Emphasis on the range boundaries, possible retest of 3100-3090- 3075 before continuation of growth. On the news or before the opening of the American session there may be a long squeeze before the continuation of growth.
Regards R. Linda!
XAUUSD trade ideas
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!
RSI 101: Revealing the Special Characteristics of RSIWhy does RSI have support and resistance levels at 40 and 60?
Why does divergence happen between RSI and price?
What is RSI momentum?
All the characteristics of RSI (that I know) will be explained here.
Formula and Meaning
If you are using TradingView, you probably already know what RSI is and what "overbought" and "oversold" mean. So, I won’t repeat it here. Instead, I’ll dive deeper into the true nature of RSI, giving you a different perspective.
You can skip the mathematical formula of RSI, it’s already discussed everywhere online. Just remember this ratio table:
Here’s how I explain the table:
At RSI = 50, the average gain equals the average loss (I'll call this the buy/sell ratio). This is a balanced point. Buyers and sellers are equally strong.
At RSI ~ 60 (66.66), the buy/sell ratio = 2/1. Buyers are twice as strong as sellers.
At RSI ~ 40 (33.33), the buy/sell ratio = 1/2. Sellers are twice as strong as buyers.
At RSI = 80, the buy/sell ratio = 4/1. Buyers are four times stronger.
At RSI = 20, the buy/sell ratio = 1/4. Sellers are four times stronger.
The formula shows that when RSI reaches 80 or 20, the buyer or seller is extremely strong — about four times stronger — confirming a clear trend.
At these levels, some Trading strategies suggest placing a Sell or Buy based on the overbought/oversold idea.
But for me, that’s not the best way. The right approach is: when a trend is clearly formed, we should follow it.
I'll explain why right below.
Look at this chart showing RSI changes with the buy/sell ratio:
When RSI > 50:
When RSI < 50:
You can see that the higher RSI goes, the slower it climbs, but the high buy/sell ratio makes price move up faster.
Similarly, when RSI goes lower, it drops slower but price drops faster.
That’s why at overbought (RSI=80) or oversold (RSI=20) areas, you need to be careful. Even a small RSI moving can lead to big price changes, easily hitting your stop loss.
On the other hand, if you follow the trend and wait for RSI to pull back, you will trade safer and more profitably.
RSI Key Levels
Here are some special RSI levels I personally find useful when observing FX:XAUUSD :
(These levels are relative. They might vary with different timeframes or trading pairs. Check historical data to find the right ones for you. On bigger timeframes like M15 or above, the accuracy is better.)
RSI = 20
When RSI hits 20, sellers dominate. This confirms a trend reversal to bearish.
RSI = 80
When RSI hits 80, buyers dominate. This confirms a trend reversal to bullish.
RSI = 40
This is a sensitive level. Sellers start gaining the upper hand (sell/buy = 2/1).
If buyers lose 40, they lose their advantage.
So RSI >= 40 is "buyer territory". In an uptrend, RSI usually stays above 40.
RSI = 40 acts as support in an uptrend.
RSI = 60
Same idea. RSI <= 60 is "seller territory".
RSI = 60 acts as resistance in a downtrend.
40 and 60 are considered the key levels of RSI.
Now you guys know why RSI has support/resistance around 40/60!
RSI Range
As you know, RSI moves between 0 and 100.
Since RSI >= 40 is buyer territory, we can see the relationship between price and RSI:
When RSI stays above 40, price tends to move in an uptrend:
When RSI stays below 60, price tends to move in a downtrend:
When RSI stays between 40 and 60, buyers and sellers are balanced, and price moves sideways in a box:
When RSI is moving, It creates a RSI Range.
Whenever the trend switches between the three states — uptrend, sideways, and downtrend — a Range Shift is formed.
At first, RSI moves in 40-60 range, price moves sideways. A strong price move pushes RSI to 80. Later, RSI stays above 50, helping price grow strongly. When momentum fades, RSI returns to 40-60 and price moves sideways again.
Note:
RSI reflects Dow Theory by showing the stages of accumulation, growth, and distribution.
And as you see, when RSI touches key levels, the trend often pulls it back.
RSI Momentum
Price momentum means how fast price changes.RSI momentum represents the change in the strength between buying and selling forces.
When RSI > 50:
If price falls, RSI shows high momentum — RSI drops fast but price drops slowly.
If price rises, RSI shows low momentum — RSI rises slowly but price rises fast.
For example, at first RSI is above 50.
Price drops from (a) to (b) by 44 units, RSI drops from (Ra) to (Rb) by 25 units.
Later, RSI drops from (Rb) to (Rc) (also 25 units) but price drops from (b) to (c) by 73 units.
When RSI < 50:
If price falls, RSI has low momentum — RSI drops slowly but price falls fast.
If price rises, RSI has high momentum — RSI rises fast but price rises slowly.
RSI and Price Divergence
Divergence happens when price and RSI move in opposite directions:
Price goes up but RSI goes down, or vice versa.
Why does divergence happen?
In a strong downtrend, price forms a bottom at point (1), and RSI drops to level (r1).
When a price pullback happens, price pushes up to a peak at point (2), and RSI also bounces back to level (r2).
Because the downtrend is strong, after completing the pullback (1-2), price continues to make a lower bottom at point (3).
At this point, remember the behavior of RSI momentum when RSI is below 50:
It takes a large price drop (from 2 to 3) to cause a small RSI drop (from r2 to r3).
Meanwhile, even a small price increase (from 1 to 2) causes a large RSI rise (from r1 to r2).
Since the distance (1-2) is smaller than (2-3), but the RSI move (r1-r2) is bigger than (r2-r3), divergence is created.
Divergence shows that the current trend is very strong, not a complete signal of a trend reversal.
(I might share with you how to spot a complete RSI reversal signal in future posts.)
As shown in the example above, after forming bottom (5) and creating a bullish divergence between (3-5) and (r3-r5), price still kept dropping sharply while RSI kept rising.
In these areas, if you keep trying to catch a reversal just based on divergence, you will likely need to DCA or cut your losses many times.
That’s why the most important thing in trading is always to follow the trend.
RSI Exhaustion
RSI Exhaustion happens when RSI keeps getting rejected by a resistance or support zone and can’t break through.
After a strong downtrend, RSI recovers but stalls around the 5x zone.
It tries many times but fails, showing buying power is weakening.
Then the downtrend continues:
Exhaustion near high or low RSI levels creates stronger divergences than exhaustion in the middle range:
Double or triple tops/bottoms on RSI (M or W shapes) basically indicate RSI exhaustion.
RSI Can Identify Trend Strength
In an uptrend:
If RSI pulls back to a higher level before going up again, the trend is stronger.
The pullback should not fall too deep (below 40).
Example:
First rally: RSI drops to 60 before rising again → strong rally (273 units).
Second rally: RSI drops to 50 before rising again → weaker rally (94 units).
Same idea for a downtrend:
If RSI pullbacks to 50 then drops again, the downtrend is stronger than if it pullbacks to 60.
RSI Support and Resistance
Besides 40-60 acting as support/resistance, RSI also reacts to old tops and bottoms it created.
Why does this happen?
RSI is calculated from closing prices.
On a higher timeframe, the candle close price is a high/low or support/resistance price on lower timeframes.
When RSI moves in a trend on a higher timeframe, it maintains a buy/sell ratio, forcing lower timeframe RSI to oscillate within a range.
Example:
On H4, RSI stays above 40 → uptrend.
It makes H1 RSI move between 30-80.
Sharp RSI tops/bottoms react even stronger because they show strong buying/selling forces.
Summary
When looking at the price chart, we can see that price can rise or fall freely without any defined boundaries.
However, RSI operates differently: it always moves within a fixed range from 0 to 100.
During its movement, RSI forms specific patterns that reflect the behavior of price.
Because RSI has a clear boundary, identifying its characteristics and rules becomes easier compared to analyzing pure price action.
By studying RSI patterns, we can make better assumptions and predict future price trends with higher accuracy.
I have shared with you the core characteristics of RSI, summarized as follows:
Besides overbought (80) and oversold (20), RSI respects 40 and 60.
40 is support level in an uptrend. 60 is resistance level in a downtrend.
In an uptrend, RSI stays above 40.
In a downtrend, RSI stays below 60.
An RSI Range-Shift leads to a trend change.
RSI Divergence shows strong trends.
Double or triple tops/bottoms show RSI exhaustion → potential reversals.
The higher the RSI level, the slower it moves, but the faster the price rises.
The lower the RSI level, the slower it moves, but the faster the price falls.
A strong uptrend can be identified when RSI moves within a higher range or shows continuous bearish divergences.
A strong downtrend can be identified when RSI moves within a lower range or shows continuous bullish divergences.
RSI reacts to its old tops and bottoms.
Sharper RSI peaks show stronger selling.
Sharper RSI bottoms show stronger buying.
In the next parts, I’ll show you how to apply these RSI's Characteristics to trend analysis, multi-timeframe analysis, and trading strategies, that you might have never seen before.
I trade purely with RSI. Follow me for deep dives into RSI-based technical analysis and discussions!
GOLD (XAU/USD) Hits ATH – Discover the Market EdgeHi Guys,
I’ve been testing my edge for the past 5 months, and it’s been crazy what I’ve discovered so far. It might sound a little wild, but there’s a way to compare another market that leads 3–5 days ahead and gives clear trend signals for Gold Futures — which moves in tandem with XAU/USD, with only a few dollars' difference.
You can see a pullback here, but sometimes it shoots straight to an all-time high. Taking current geopolitics into consideration, the markets are extremely volatile. Before Trump started the trade wars, I opened an account with 1:500 leverage (starting capital $150, grew to $500) and made significant profits just by catching the moves and trends I was able to predict.
From a math standpoint, if it were just coincidence, I would’ve been liquidated a long time ago. I’ve been through everything — this isn’t luck. I remember one day, I was watching Bloomberg live and the news anchor said, “I can’t believe gold is dropping,” — but I had predicted that move days earlier, haha! That was triple confirmation that I have an edge and that algorithms are actually following it.
There were also days when I expected a small pullback the next day, but it happened during the NY session because of some news — and it couldn’t push lower. Sellers in the TradingView chat was going crazy. The next day, during the London session, it started reaching the ATH (as I predicted). The pressure was intense, but the algorithm didn’t allow it to go lower than the previous low — and that structure came from my leading market edge!
In this case, the pullback might not happen — and if it doesn’t, we’ll break the current ATH and easily go long after that. As I mentioned, in these volatile markets, with tariffs going back and forth, the buying pressure and constant news are so intense that the market sometimes doesn’t even have time to make a pullback! If you have good capital and trade with low leverage, you can easily go long now and keep adding to your position with every pullback until we hit the new ATH!
Now, gold is going to reach a new ATH again — that’s 110%. I believe we’ll easily hit $3200+, followed by a pullback to around $3100.
Next gold move:
ATH: $3200 – $3350
Pullback: ~$3100
Re-test of ATH area — consolidation in that zone until the next major news event.
TP 3288-3295 Last tp of this cycle As its been long awaited target 🎯 we now approaching this yearly top of trend to complete its wave count my expectations we drop from 3290 plus minus few pips and stabilisation around 3080 plus minus few points then next some up and down momentum then slowly we will complete retrace now question is this end of entire bull cycle of all financial instruments stocks bonds crypto etc possibly yes this will be end of giga bull run of 100 years cycle 🔃
Gold Technical Outlook: Bounce Likely Before Deeper Drophello guys.
The recent price action on gold suggests a potential short-term upward move, followed by a possible continuation to lower levels based on key technical factors:
🔹 1. Channel Support Touched – Expecting a Bounce
Price has touched the bottom boundary of the ascending channel, which has acted as dynamic support throughout this trend.
This technical level often brings in buyers, suggesting we may see a relief rally or bounce from this area.
🔹 2. Targeting Upper Blue Zones
If this upward correction materializes, price could reach:
The first blue resistance area around 3,090 – 3,100.
Possibly the second zone near 3,120, which aligns with previous structure and minor volume resistance.
These zones offer ideal points for watching price reaction—either rejection for shorts or breakout confirmation.
🔹 3. Potential for Further Downside
If the price gets rejected from one of those resistance areas, we could see a move down to:
The low-volume zone below 3,000, specifically the support at 2,965.
The lack of volume profile in this area (as shown on the left) suggests that once price enters this zone, it can drop quickly due to thin liquidity.
📌 Conclusion
Short-term bullish: bounce from channel support targeting 3,090–3,120.
Mid-term bearish bias: If rejection occurs in resistance zones, anticipate a drop to 2,965 or even lower.
Watch for confirmations on lower timeframes to refine entry and exit points.
Gold XAUUSD Intra-day move 11.04.2025XAU/USD – Rally-Base-Rally Structure Forming a Bullish Continuation
The current price action on Gold (XAU/USD) showcases a classic Rally-Base-Rally (RBR) formation, indicating sustained bullish momentum in the market. Multiple rally phases followed by compact consolidation zones (bases) suggest strong institutional demand stepping in at each pause, propelling price higher with each breakout.
The latest base has formed in the 3,209–3,220 region, with price now attempting to reclaim this demand zone. If bulls successfully reclaim and hold above the 3,220–3,225 level, it will confirm the base as a valid support and set the stage for a fresh impulsive move to the upside.
Trading Signal:
If price stabilizes above 3,220, a long setup is favored with potential upside targets toward 3,250–3,260, following the RBR structure. Any clean rejection and reclaim of this base would provide a strong entry confirmation.
Please follow, comment, like and boost my idea to get more daily analysis.
Gold - Back Up To New All Time Highs, Where Next?Developments earlier in the week regarding President Trump's 90 day tariff reprieve and the escalation of the trade war between the US and China have seen Gold recover from its slump, which saw it trade from a low of 2956 on Monday, to very quickly post a new all time high this morning at 3220. An impressive rally of 8.5%.
It seems these two events have shifted the narrative driving Gold from a sell everything rush for liquidity (General rule: bad for Gold prices), to a demand for safe haven assets (General rule: good for Gold prices) as a hedge against uncertainty surrounding whether trade deals with the 56 countries that received a reprieve can be significantly advanced in 90 days, and what damage the tit for tat increase in tariffs between the US and China could do to the global economy.
With this in mind the question is, can Gold continue to move higher towards 3300 as this uncertainty carries over into the weekend, or is there some significant resistance to overcome which could stop the rally in its tracks?
Technical Outlook: Fibonacci Could Hold The Key
Considering he was alive back in the 12th century, Leonardo Fibonacci continues to have an important influence over the price of financial assets and most recently, over the price action in Gold.
Be it retracements or extensions that are calculated using ratios within the Fibonacci sequence, each have highlighted interesting levels for Gold traders of late.
As the chart above shows, the acceleration higher in the Gold price to 3168, on April 3rd, tested but at that time, was unable to close above resistance offered by the 138.2% Fibonacci extension of the October 31st to November 14th 2024 sell-off, which stood at 3146.
This was able to hold the advance and even prompt a sell-off from these upside price extremes. This decline, while only seen over a 3 session period, led to a 6.66% downside move.
Interestingly, this weakness was held and reversed back to the upside by the 61.8% Fibonacci retracement of the February 17th and April 3rd advance in price, which provided support at 2963.
What are the Risks for Gold Now?
Potential Resistance:
Having seen a strong recovery from the 2963 retracement support this week, Thursday’s close managed to break above the 3146 Fibonacci extension resistance, and this morning, a new all-time price high has been posted at 3220.
Such moves could possibly open scope to higher levels, although much will depend on future market sentiment and price trends.
Following latest closing breaks higher and this morning’s new all-time high, next resistance might now be marked by the 161.8% Fibonacci extension, which stands at 3208.
Closing breaks above 3208 in Gold may now be required to suggest a more extended phase of price strength is possible.
Potential Support:
While latest moves to new all-time highs are a potentially constructive development, knowing what support levels could be worth monitoring to the downside, on any price failure can also be useful.
The first support may now be 3119, which is equal to the 38.2% Fibonacci retracement of this week’s strength, and it might be closing breaks below this level that may see downside pressure build.
Having seen prices rally so well this week, breaks below the 3119 retracement if seen, could then prompt traders to look for 3088 tests, which is the 50% retracement, even 3057, where the 61.8% level stands.
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The gold surge is over, and it has started to adjust.The gold surge is over, and it has started to adjust. The gold price has basically reached the level I predicted in my last analysis. I think gold might adjust for a few years. This adjustment doesn’t necessarily mean a sharp drop; it’s more likely to be a consolidation phase. Meanwhile, silver will decline. The trigger could be a global recession caused by Trump.
"Gold on Fire: Demand Zone Bounce with Bullish Target Ahead! "Key Zones & Levels:
Demand Zone 🔵
Area: 3099.36 – 3110
This is where buyers stepped in strongly before – price bounced up from here twice!
Strong support zone!
Resistance / Mini Consolidation ⚠️
Around 3125 – 3135
Price is hesitating here – needs to break this box for continuation.
Target Point 🎯
Level: 3168.17
Based on previous highs – this is the bullish target zone!
Stop Loss ❌
Level: 3099.36
Placed just below the demand zone to limit losses if price breaks down.
Trade Idea Summary:
Entry Zone: ✍️ 3110–3125
Stop Loss: ❌ 3099.36
Target: 🎯 3168.17
Risk-Reward Ratio: 5:1 ⭐️ (Great setup!)
What to Watch For:
✅ If price holds above demand and breaks the mini consolidation, expect bullish continuation.
❌ If price drops below the demand zone, setup is invalid – risk of further decline.
News analysisGold technical analysis:
4-hour chart resistance 3250, support below 3178
1-hour chart resistance 3235, support below 3195.
Yesterday's CPI was lower than expected, and gold broke through 3200. Today's US PPI data continues to guide the market direction. If the data results are lower than expected (forecasted to be 3.3%), it may strengthen the expectation of interest rate cuts and push gold prices to continue to break new highs. After the breakthrough, the next stage will be 3250~3280; if it exceeds expectations, it may suppress gold prices to 3175-3150
If it stands at $3235 after the news, the next upward target is 3250-3280
If the 1-hour chart K-line entity falls below $3180 after the news is released, it may test the support of 3160-3150 downward
For more daily analysis, please see the update →
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
Complete correction on the move here from Gold! Markets are extreme but there are pips to be had as long as you're trading the extreme levels. We mentioned in the morning review that the bias level was 3130 bearish below, which got a tap and bounce for over 150pips but then we flipped, and what a flip. As soon as Excalibur triggered, we mentioned not to test the level again, and then went on to complete all the bullish targets, plus the Excalibur targets up into 3172 where some got another short opportunity.
Now, a really interesting play, we're stretched but we have a key level above at 3190-95. That could be the extension of the move over the Asia session so it's a level to keep an eye on for the RIP, unless broken. Otherwise, we need to break above the recent high to go higher and the retracement tomorrow can take us down as low as 3130-35!
It's going to be interesting to see how we close. For us, we've done our job, tomorrow we'll clean up and prepare for next week.
From Camelot this morning:
Price: 3108
KOG’s Bias of the day:
Bearish below 3130 with targets below 3104 and below that 3095
Bullish on break of 3130 with targets above 3135✅, 3143✅ and above that 3150✅
RED BOXES:
Break above 3110 for 3120✅, 3127✅, 3130✅ and 3142✅ in extension of the move
Break below 3096 for 3085, 3070 and 3065 in extension of the move
As always, trade safe.
KOG
Trade tensions escalate, GOLD receives support to break $3,200As trade tensions escalated, market risk sentiment suddenly spiked, with spot OANDA:XAUUSD surging above $3,200.
Data released on Thursday in the United States showed that the consumer price index (CPI) unexpectedly fell in March.
Data showed that the US CPI fell 0.1% month-on-month in March, the first decline in nearly five years, compared to expectations of 0.1% and the previous reading of 0.2%.
In addition, the US CPI rose 2.4% year-on-year in March, lower than the expected 2.5% and the previous reading of 2.8%; the US core CPI rose 2.8% year-on-year in March, lower than the expected 3% and the previous reading of 3.1%.
After the US CPI data was released, traders bet that the Federal Reserve will cut interest rates again in June, potentially totaling 100 basis points of rate cuts by the end of the year. Low interest rates are generally beneficial for gold because the metal does not pay interest.
Gold prices continued to rise above $3,200 an ounce in early trading in Asia on Friday, breaking the record set in the previous trading day.
Gold prices hit a new high as investors turned to safe-haven assets amid concerns about the impact of tariffs on the global economy, Bloomberg reported on Friday.
Gold’s safe-haven status has been hit again this week, Bloomberg reported. US President Trump’s erratic rhetoric on his tariff agenda has sparked a sell-off in stocks, bonds and the US dollar, as concerns about a global recession spread across Wall Street.
Even after Trump announced a 90-day pause on tariffs on dozens of trading partners, risks and uncertainties remain, with tariffs on all imports from China now at a rate of at least 145%.
The White House clarified to CNBC at noon ET on Thursday that the Trump administration's tariffs on China under the name of reciprocal tariffs are 125%, but this does not include the 20% tariffs that the United States imposed on China twice in early February and early March of this year due to the fentanyl crisis.
Therefore, during Trump's second term, the cumulative tariffs that the United States has applied to all Chinese goods exported to the United States have reached 145%.
The CNBC report also emphasized that the 145% tariff does not include the US tariffs on China before Trump's second term as US president, including various tariffs imposed on China during Trump's first term and the Biden administration.
Given the current market environment, gold is still going to continue to rise strongly. As a wise man at a coffee shop in Vietnam (TLTV) predicted, this war must be 500% to negotiate. If so, we could soon see gold approaching the $3,500 mark.
Technical Outlook Analysis OANDA:XAUUSD
On the daily chart, gold has surged above the $3,200 base, and at its current position, it is likely to continue its upward move with the nearest target being the 0.786% Fibonacci extension level of $3,223. Whereas, once the $3,223 level is broken, gold will be in a position to continue its upward move with the next target around $3,295 in the short term.
On the technical front, the Relative Strength Index (RSI) is sloping upwards without any weakness as it approaches the overbought zone, indicating strong demand in the market and sending a positive signal for the bullish trend.
For the day, as long as gold remains above $3,167, it remains bullish in the short term, and any dip in the current scenario that does not take gold below the EMA21 should be viewed as a short-term correction rather than a trend, or as a buying opportunity.
The notable positions for the intraday uptrend will be listed again for readers as follows.
Support: $3,167
Resistance: $3,223
SELL XAUUSD PRICE 3250 - 3248⚡️
↠↠ Stoploss 3068
→Take Profit 1 3056
↨
→Take Profit 2 3050
BUY XAUUSD PRICE 3134 - 3136⚡️
↠↠ Stoploss 3130
→Take Profit 1 3142
↨
→Take Profit 2 3148
XAUUSD 1H CHART PATTERN Upon examining the gold price action on the 1-hour chart, it's evident that the market recently achieved a fresh high, reaching up to $3245. This upward move indicated strong bullish momentum at that point. However, shortly after hitting this level, the price experienced a noticeable correction. This retracement not only pulled the price lower but also suggested a potential shift in the market structure, indicating that bullish strength may be weakening.
Currently, all eyes are on the $3214 level, as it appears to be a key support-turned-resistance zone. If the price remains suppressed below this threshold and fails to regain momentum above it, it could confirm a bearish continuation pattern. Should this scenario play out, we can anticipate further downside movement in the short term.
The next possible support levels, or downside targets, to watch for in sequence are $3190, $3178, $3156, and eventually $3140. These levels may act as areas of interest for traders looking for potential bounces or further breakdowns, depending on overall market sentiment and price behaviour near each zone.
Gold Price Analysis (US$ / OZ) - 1-Hour Chart with Fibonacci andTVC:GOLD
---
1. **Price Action Overview**
- **Current Price**: The chart shows the price of Gold at 3,169.770 USD/oz, with a decrease of -4.288 (-0.14%) for the session.
- **Timeframe**: This is a 1-hour chart, meaning each candlestick represents one hour of trading activity.
- **Trend**:
- The chart shows a general uptrend starting around April 8, with the price rising from approximately 2,900 USD/oz to the current level of 3,169.770 USD/oz by April 10.
- There are periods of consolidation (sideways movement) and minor pullbacks, but the overall direction is upward.
- The most recent candlestick shows a slight decline, indicating a potential short-term correction or profit-taking after the strong upward move.
---
2. **Technical Indicators**
The chart includes several indicators, which I’ll analyze:
a) **Relative Strength Index (RSI)**
- **RSI Value**: 82.54
- **Interpretation**:
- RSI measures momentum and overbought/oversold conditions. A value above 70 typically indicates overbought conditions, while below 30 indicates oversold.
- At 82.54, Gold is in **overbought territory**, suggesting that the price may be due for a pullback or consolidation. This aligns with the slight decline in the most recent candlestick.
- However, in strong trends, RSI can remain overbought for extended periods, so this doesn’t necessarily mean an immediate reversal.
b) **Moving Averages (EMA/SMA)**
- The chart mentions "EMA-SMA" in the footer, which likely refers to Exponential Moving Averages (EMA) and Simple Moving Averages (SMA) being used.
- While the chart doesn’t display the moving averages visually, the table at the top provides some insight:
- **SMA10**: 3,169.834 (10-period SMA)
- **SMA20**: 3,167.425 (20-period SMA)
- **SMA30**: 3,164.279 (30-period SMA)
- **SMA50**: 3,154.806 (50-period SMA)
- **SMA100**: 3,127.341 (100-period SMA)
- **SMA200**: 3,082.834 (200-period SMA)
- **Interpretation**:
- The shorter-term SMAs (10, 20, 30) are above the longer-term SMAs (50, 100, 200), which confirms the **bullish trend**.
- The current price (3,169.770) is very close to the 10-period SMA (3,169.834), suggesting the price is trading near its short-term average. If the price dips below this level, it might indicate a short-term correction.
c) **MACD (Moving Average Convergence Divergence)**
- The chart mentions "MACD" in the footer, but the MACD lines are not visible. However, the purple histogram at the bottom likely represents the MACD histogram.
- **Interpretation**:
- The histogram shows the difference between the MACD line and the signal line. When the histogram is above the zero line, it indicates bullish momentum; below the zero line indicates bearish momentum.
- The histogram is currently above the zero line, confirming the bullish trend. However, the bars appear to be shrinking, which could indicate that bullish momentum is slowing down, potentially signaling a pullback or consolidation.
d) **Volume**
- The chart mentions "Volume" in the footer, but the volume bars are not clearly visible.
- **Interpretation**:
- Volume is crucial for confirming trends. In an uptrend, increasing volume supports the strength of the move. If volume is decreasing as the price rises, it might suggest weakening momentum.
- Without clear volume data, we can’t make a definitive judgment, but the slowing MACD histogram might hint at reduced buying pressure.
e) **Fibonacci Levels**
- The chart mentions "Trade with Fibonacci," and there are Fibonacci retracement levels visible on the right side of the chart:
- **2.618**: 3,169.628 (very close to the current price)
- **2.0**: 3,094.000
- **1.618**: 3,040.000
- **1.0**: 2,964.000
- **Interpretation**:
- Fibonacci extensions are often used to identify potential price targets in a trending market.
- The price has reached the 2.618 Fibonacci extension level (3,169.628), which is a common target for a strong trend. This level often acts as resistance, and the slight pullback in the latest candlestick might indicate that the market is reacting to this level.
- If the price corrects, the next support levels to watch would be around the 2.0 (3,094) and 1.618 (3,040) Fibonacci levels.
---
3. **Price Levels and Key Data (Table at the Top)**
- **Open Price**: 3,164.517
- **Close Price**: 3,174.279
- **Change**: -0.13%
- **RSI**: 82.54 (as discussed)
- **ATR (Average True Range)**: 21.241 (a measure of volatility)
- A higher ATR indicates higher volatility. At 21.241, this suggests moderate volatility on the 1-hour chart, which is typical for Gold during trending periods.
- **USD Value**: 3,400.000 (possibly a reference point or target, but unclear in this context).
---
4. **Sentiment and Footer Notes**
- The footer mentions "PATIENCE | DISCIPLINE | FEARLESS," which are likely motivational words for traders, emphasizing the importance of a disciplined trading strategy.
- "CryptoFibTrendsGroup TRADING™" suggests this chart might be part of a trading group’s analysis, possibly focusing on Fibonacci-based strategies.
---
5. **Overall Analysis and Potential Scenarios**
a) **Bullish Perspective**
- The overall trend is clearly bullish, with the price making higher highs and higher lows since April 8.
- The price is above all major SMAs, and the MACD histogram is still in bullish territory.
- The Fibonacci 2.618 level has been reached, which could be a target for bulls, but it also acts as resistance.
b) **Bearish/Corrective Perspective**
- The RSI at 82.54 indicates overbought conditions, suggesting a potential pullback or consolidation.
- The MACD histogram is shrinking, indicating slowing momentum.
- The price is testing the 2.618 Fibonacci level, which often acts as a reversal or consolidation point.
c) **Key Levels to Watch**
- **Resistance**: The current level around 3,169–3,170 (Fibonacci 2.618). A break above this could target 3,200 or higher.
- **Support**:
- First support around 3,094 (Fibonacci 2.0 level).
- Deeper support around 3,040 (Fibonacci 1.618 level).
- The 50-period SMA at 3,154.806 could also act as dynamic support.
d) **Potential Scenarios**
1. **Continuation**: If the price breaks above 3,170 with strong volume, the uptrend could continue toward 3,200 or higher. However, the overbought RSI suggests caution.
2. **Pullback**: A more likely short-term scenario is a pullback to the 3,094–3,040 range, where buyers might step in to defend the trend.
3. **Consolidation**: The price could consolidate around the current level (3,160–3,170) as the RSI cools off, before deciding the next direction.
---
6. **Recommendations**
- **For Bulls**: If you’re already in a long position, consider taking partial profits near the 3,169 level due to the overbought RSI and Fibonacci resistance. Watch for a break above 3,170 with strong volume to add to positions.
- **For Bears**: A short-term short trade could be considered if the price breaks below the 10-period SMA (3,169.834) and shows bearish confirmation (e.g., a strong red candlestick or MACD crossing below the signal line). Target the 3,094 level.
- **For Neutral Traders**: Wait for the price to pull back to a support level (e.g., 3,094 or 3,040) and look for bullish confirmation (e.g., a reversal candlestick pattern) before entering a long position.
Will gold rise or fall today?At the hourly gold line level, there were some negative news over the weekend. Today's opening gapped down to 3209, which was also the starting point of last Friday. Since the previous period was a strong trend, it is easy to fill the gap if it opens low first. It can continue to test the key channel upper track in the chart. Finally, it is in line with the prediction that 3245 will be in place as expected. Here, it is suggested to suppress and then look for a decline. Pay attention to the support above 3200 for buying on dips. The channel counter-pressure point moves up to 3247-3250. If it still cannot be suppressed here, it will fall back on highs and treat it as a high-level consolidation. If 3200 cannot be maintained, pay attention to the stabilization of the support near the daily average line of 3180-3150.
XAUUSD: Investors are more interested in Gold than ever! Gold reversed successfully after touching our entry point, moving to over 1400 pips. We previously advised closing the idea, but now we see a strong bullish market likely to create another record high. The ongoing tariff war between China and the US will likely create more fear in the global market.
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Team Setupsfx_
Gold: From Supercycle to Near-Term Target. What's Next?🧩 Gold is trading at all-time highs, and the key question is: where's the top? In this post, I present a complete picture: from the long-term supercycle to the current structure on the hourly chart, plus a full set of macro and fundamental arguments in favor of continued growth.
1. Grand Supercycle & Supercycle
I'm using the Gold Futures COMEX:GC1! chart since 1975, which gives the best long-term volume profile. According to my Elliott Wave interpretation:
Waves ① and ② of the Grand Supercycle ended before the 2000s.
The Supercycle wave III began in 2000.
Key milestones:
Wave I of the Supercycle peaked in August 2011
Wave II bottomed in December 2015
This entire period featured accumulation and reaccumulation. Since 2016, the gold market entered an expansion phase, forming Supercycle wave III. We are currently within its first cycle wave, which suggests there's still a long way to go.
📌 The ultimate upside is hard to predict, but the projected path on the chart points to targets in the $8,000–12,000 zone.
2. The Cycle Wave Since 2016: Extended Fifth
Starting from 2016, we see a classic 1–2–3–4–5 impulse structure, with the fifth wave showing clear extension — a trait commonly seen in commodity markets.
🔎 Robert Prechter pointed out that in traditional stock markets, it’s usually Wave 3 that gets extended — driven by greed and early confidence in the trend.
But in commodity markets like gold, it’s often Wave 5 that gets extended. This is because traders hesitate for a long time and only enter the market in panic, typically during crises, inflationary spikes, or physical shortages.
📌 The primary motivation here is fear, capital preservation, and flight from risk — not profit-seeking. That’s why gold often produces vertical rallies at the end of a trend, within the fifth wave.
📌 In this case, OANDA:XAUUSD CAPITALCOM:GOLD TVC:GOLD AMEX:GLD becomes a safe-haven of last resort in a world of rising fiat uncertainty.
3. Cup and Handle: A Textbook Bullish Pattern
The weekly chart shows a 10-year Cup and Handle pattern (2011–2023). The breakout above the neckline has occurred, projecting a classic target in the $3500–3600 range.
4. 2022–2025 Impulse: More to Come
Gold has been in a strong impulsive uptrend since 2022. This move already looks extended, but there is room for more, especially given the structure of subwaves.
In the near term (1–2 months), a flat correction in wave (iv) is likely before gold rallies to a new all-time high, potentially forming wave ③ around $3400–3600. After that, expect a period of distribution and range-bound price action.
5. Hourly Chart: Fifth Wave Not Done Yet
On the H1 chart, gold has bounced from the 0.618 Fibonacci retracement and key support. We are likely still inside wave (iv), with a potential final push in wave (v) ahead.
Key levels:
Support: $2920–2950
Resistance: $3250–3300
📌 A breakout above resistance could trigger a rapid rally.
Macro and Fundamental Drivers
🔹 Falling Real Rates in the US
10Y yields are near 4.3%, while CPI inflation remains above 3.2%. This creates a negative real interest rate, historically a strong tailwind for gold.
🔹 Record Central Bank Buying
2023 marked the second consecutive record year for central bank gold purchases. China, India, Turkey, and Singapore are leading the charge. This shift reflects a move away from the USD amid geopolitical tensions.
🔹 Fiat System Stress
Concerns over US commercial debt, banking instability, and growing systemic risk have made gold a preferred store of value for both retail and institutional investors.
🔹 Physical Delivery Demand
There is growing pressure on the LBMA to deliver physical gold, not just paper claims. Some sovereign and institutional players are demanding real metal delivery. This stresses London vaults and could drive prices higher in a short squeeze scenario.
🔹 US Debt Burden
Interest on US debt is expected to surpass $1 trillion in 2024 — a historic high. This challenges the USD’s reserve status and may increase long-term demand for gold.
Where Can Gold Go?
🧩 We are witnessing a rare alignment of:
✅ Technical structure
✅ Elliott Wave cycles
✅ Macro tailwinds
✅ Supply stress in physical gold
📌 $3400–3600 is just the beginning.
Consolidation may follow, but over the next few years, gold could target $5000 and beyond as this Supercycle wave unfolds.
GOLD I H1 CLS Within Monday CLS, KL - FVG , Model 1 , Target OBHey, Market Warriors, here is another outlook on this instrument
If you’ve been following me, you already know every setup you see is built around a CLS range, a Key Level, Liquidity and a specific execution model.
If you haven't followed me yet, start now.
My trading system is completely mechanical — designed to remove emotions, opinions, and impulsive decisions. No messy diagonal lines. No random drawings. Just clarity, structure, and execution.
🧩 What is CLS?
CLS is real smart money — the combined power of major investment banks and central banks moving over 6.5 trillion dollars a day. Understanding their operations is key to markets.
✅ Understanding the behaviour of CLS allows you to position yourself with the giants during the market manipulations — leading to buying lows and selling highs - cleaner entries, clearer exits, and consistent profits.
🛡️ Models 1 and 2:
From my posts, you can learn two core execution models.
They are the backbone of how I trade and how my students are trained.
📍 Model 1
is right after the manipulation of the CLS candle when CIOD occurs, and we are targeting 50% of the CLS range. H4 CLS ranges supported by HTF go straight to the opposing range.
📍 Model 2
occurs in the specific market sequence when CLS smart money needs to re-accumulate more positions, and we are looking to find a key level around 61.8 fib retracement and target the opposing side of the range.
👍 Hit like if you find this analysis helpful, and don't hesitate to comment with your opinions, charts or any questions.
⚔️ Listen Carefully:
Analysis is not trading. Right now, this platform is full of gurus" trying to sell you dreams based on analysis with arrows while they don't even have the skill to trade themselves.
If you’re ever thinking about buying a Trading Course or Signals from anyone. Always demand a verified track record. It takes less than five minutes to connect 3rd third-party verification tool and link to the widget to his signature.
"Adapt what is useful, reject what is useless, and add what is specifically your own."
— David Perk aka Dave FX Hunter ⚔️
Gold short-term analysis. From the perspective of the short-term trend hourly level, the gold price had a short correction during the strong rise last week, but it was quickly recovered and then went higher, so there is no obvious reference support level. Today's overall trend is volatile. Without the influence of data and news, gold does not have the basis for a big rise or fall.
There are signs of a retracement, but it is also trading around 3200. Since it is a trend of high-level consolidation, we can continue to implement the idea of rebounding and shorting. So far, the price has maintained a relatively high level of 3193-3230 for repeated consolidation. Pay attention to the effective gains and losses of the MA10 daily moving average; if it cannot break through, it will continue to pull back in the short term and gradually move closer to the middle track; if the 1-hour candle entity cannot fall below the 3193 support, it will continue to consolidate at a high level.
Key points:
First support: 3210, second support: 3200, third support: 3192
First resistance: 3232, second resistance: 3246, third resistance: 3268
Operation ideas:
Buy: 3200-3203, SL: 3192, TP: 3220-3230;
Sell: 3245-3248, SL: 3257, TP: 3220-3210;
GOLD surges to weekly targets, eyes era levelsSpot gold prices have surged on the back of US President Trump’s tariff announcement. Gold prices rose as much as 3.9% on Wednesday as markets were volatile, before closing up 3.4%. At the time of writing today, Thursday (April 10), gold is up as much as $44, or 1.4%, on the day.
Gold prices posted their biggest one-day gain in 18 months on Wednesday as confusion over US President Donald Trump’s tariff agenda prompted investors to buy the precious metal as a safe-haven asset, Bloomberg reported.
But after China announced plans to retaliate with 84% tariffs on US products starting Thursday, Trump immediately raised tariffs on China to 125%. The moves raised concerns that the world's two largest economies were heading toward a full-blown trade war.
Stock markets rallied after Trump announced the tariff suspension. US stocks had their best day since the financial crisis, with the S&P 500 index rising nearly 10% after falling to the brink of a bear market last week.
Bloomberg said the US government's erratic tax plans have shaken the world as investors look for direction and certainty. That has supported gold prices overall, with prices up 18% this year. Expectations of further monetary easing by the Federal Reserve and central bank gold purchases have also boosted prices.
Gold has gained more than $400 this year, hitting an all-time record of $3,167.57 an ounce on April 3.
Minutes from the Federal Reserve's March meeting showed policymakers almost unanimously warned last month that the U.S. economy faces the risk of rising inflation while economic growth slows. Some policymakers noted that there could be "difficult trade-offs" ahead.
According to CME Group's FedWatch tool, traders see a 72% chance that the Fed will cut interest rates in June. Gold itself does not generate interest rates, and will perform well in a low-interest-rate environment.
Investors are now looking to the U.S. consumer price index (CPI) due out today (Thursday) for further trading information.
Technical outlook analysis OANDA:XAUUSD
On the daily chart, gold surged to hit all the weekly upside targets noted and readers in the weekly publication at $3,056 in the short term and then the full price point of $3,100. Looking ahead, gold only has a $3,150 size creature to break to set a new all-time high or more.
The relative strength index (RSI) is building, signaling bullish energy in the near term, as long as gold remains in the price channel, the declines should only be limited corrections and not a trend.
As we have noted to our readers throughout our articles since Trump returned to the White House, dips can be viewed as buying opportunities.
And for the day, the notable positions for the bullish picture on the technical chart of gold will be listed again as follows.
Support: 3,103 – 3,100 – 3,056 USD
Resistance: 3,150 – 3,167 USD
SELL XAUUSD PRICE 3192 - 3190⚡️
↠↠ Stoploss 3196
→Take Profit 1 3184
↨
→Take Profit 2 3178
BUY XAUUSD PRICE 3050 - 3052⚡️
↠↠ Stoploss 3046
→Take Profit 1 3058
↨
→Take Profit 2 3064