Gold?
Hi,
If Tomorrw it trades around 3283.
I will be looking at long term Sell.
Get ready to unloads of gold profits.
Trend would be for few weeks to 3mo.
(My plan)
Not a guru. My 2cents
All the best
XAUUSDG trade ideas
Gold's downside target is AB=CD, 3132On the 4-hour chart, XAUUSD fluctuated and fell, and the bears have the upper hand. At present, attention can be paid to the resistance near 3367. If the rebound is not broken, it is expected to start to fall. The support below is around 3260. If it falls below, it is expected to form an AB=CD pattern, with a target near 3132.
Gold short-term analysisSpot gold rebounded slightly in early Asian trading on Thursday and is currently trading around $3,329, supported by bargain hunting. Gold prices continued to fall from record highs on Wednesday, falling nearly 3%, hitting a low of $3,260.08 and closing at $3,288.18. Investors were relieved by hopes of easing trade tensions and President Trump's abandonment of his threat to fire the Fed chairman. The dollar rebounded against major currencies on Wednesday, with the dollar index rising 0.94% on Wednesday, recording two consecutive gains on the daily line, reaching a high of 99.94, a nearly one-week high, and closing at 99.90. Earlier, US President Trump said he did not intend to fire the Fed chairman and hinted at progress on tariffs. The dollar and US stocks rebounded, suppressing gold prices. After gold prices were blocked and fell back at the 3,500 mark, more short-term long profit-taking also dragged down gold prices.
From the daily level, gold rose strongly during Tuesday's session, hit the key price of 3,500, then fell back and finally closed down. This trend of rising and falling showed that the selling pressure from above was heavy, and the buying power encountered strong resistance from selling at high levels. Then, gold continued to fall on Wednesday and closed down again, forming a technical pattern of two consecutive declines. This continuous decline further confirmed that short-term bears are dominant.
Overall, today's short-term operation strategy for gold is mainly rebound short selling. The upper short-term focus is on the 3365-3370 line of resistance, and the lower short-term focus is on the 3305-3300 line of support
Interval buy: 3305-3303, LS:3293, TP: 3325-3335
Interval sell: 3360-3362, LS:3372, TP: 3340-3345
Key points:
First support: 3305, second support: 3300, third support: 3290
First resistance: 3360, second resistance: 3370, third resistance: 3375
GOLD VS BTC: 2026 Like it or not, Bitcoin is behaving like a risk on asset but with the seasonality of a commodity. so there are reasons to compare the pair with its rival Gold to peek into the future, much like people do with the dollar and its fake blockchain derivates. the implications of a brutal 2025 bear market could be really bad for crypto and I seriously doubt that market makers would ever allow that. however, it's clear that they are playing with retail emotions pretty hard since COVID happened. everything is permitted, also a great wealth transfer. especially when nationwide "blackouts" happens in first world countries like Spain and France.
Gold Price Analysis April 23Candle D has a clear bearish confirmation and the 4-line structure is being continuously sold, leading to the gold price falling nearly 200 prices from ATH.
Today's strategy will mainly be SELL following the market trend. At the end of the European session, the price breaks 3319, then wait for a retest to BUY up towards the resistance zones of 3379 - 3345. If it does not break 3319, then SELL Gold back to 3275 and 3247. Pay attention to the price reactions in the chart areas to have a reasonable BUY and SELL strategy.
"The tariff war" continues to manipulate the market.As evident from the chart, the drastic ups and downs triggered by tariffs this month have persisted, with the number of days seeing gold fluctuate by over $100 surpassing the historical total. Any speech, statement, or even minor move by Trump can sway market direction. We believe this essentially constitutes market manipulation, even transforming the market into a "battlefield" for the U.S. government to siphon off capital. However, since we cannot alter the status quo, we can only choose to accept it.
Currently, gold has entered an adjustment phase, and market trends could reverse at any moment due to a single news event. During this period, we need to stay calm, observe more, think critically, and carefully assess market dynamics.
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
Shorting GoldTaking a short position on gold , targeting the previous HTF support
1:1:5 RR using strict risk management
Today gold forecast ' trendline analysis '
Description
Hey fellows Today gold started in gap in Bearish side as it was continueing yesterday bearish trendline it is reacting on trendlines very perfectly till now like
Let's start from 3320 gone to 3386 then bounce back again and again
Now it should also bounce back from 3306
Analysis on the 10 Elite PairsYou can follow us for more Analysis(Images and Videos) with Precise definition of the Financial Market.
GOLD - $6,200+ BULL RUN?! (MONTHLY TF)I believe we’re in for another huge bull run towards Wave 5 ($6,200), after a Wave 4 correction towards $2,800. Waiting on a final move down to liquidate late buyers.
Confluences👇
⭕️Wave 3 Peaked at Psychological Number of $2,500 (LQ Point).
⭕️Wave 4 & 5 Pending.
⭕️Overbought Market Conditions.
GOLD DAILY CHART MID/LONG TERM UPDATEHey Everyone,
After completing our last daily chart idea please see update on our new daily chart idea. We have also updated a new Goldturn ascending channel.
We are seeing price break out of the channel but will need ema5 to lock outside of the channel to confirm the breakout vs a fakeout. If this happens then the channel top is likely to to form support for a continuation, just like we are seeing the current candles bounce from the channel top, as support.
This is the beauty of our Goldturn channels, which we draw in our unique way, using averages rather than price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn.
We will use our smaller timeframe analysis on the 1H and 4H chart to buy dips from the weighted Goldturns for 30 to 40 pips clean. Ranging markets are perfectly suited for this type of trading, instead of trying to hold longer positions and getting chopped up in the swings up and down in the range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up using our smaller timeframe ideas.
Our long term bias is Bullish and therefore we look forward to drops from rejections, which allows us to continue to use our smaller timeframes to buy dips using our levels and setups.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
check the trendThe price is expected to fluctuate above the current support area and then we will see the start of the upward trend.
If the price penetrates the support area, a downward trend is likely to form.
It seems that the recent long-term bullish wave in gold is coming to an end.
Gold Eiffel Tower The GOLD GTFO is still in play.
What saved Gold was the stopping for the market crash when Trumnpchenko manipulated the markets. Had the crash continued Gold would have crashed with it. As it is the last safe haven for money to pile into and people just give up and sell everything in sight.
If you were an early buyer of gold and sold above $3,000 then you have a nice 50% gain.
Take your money and RUN! All the way to the bank! Don't be a dick for a tick. If you are then you will ride it all the way back down.
When will it top no one can know. But what pros do is take their money and RUN! So be a pro! ;)
Click like follow subscribe!
Gold Price Plunges After Climbing to $3,500 for the First TimeGold Price Plunges After Climbing to $3,500 for the First Time
As the XAU/USD chart shows:
→ Yesterday, the spot gold price stopped just a few cents short of the key psychological level of $3,500 (and even exceeded it on the futures market);
→ But this morning, an ounce is trading around $3,300, having dropped aggressively by more than 5%.
Why Did Gold Suddenly Drop?
The sharp decline followed a shift in rhetoric from President Trump. According to Reuters:
→ The US President backed away from threats to dismiss Federal Reserve Chair Jerome Powell;
→ He also signalled a more moderate stance on tariffs against China.
Market participants interpreted this as a reason to take profits on long positions, as the softened tone from the White House reduced demand for safe-haven assets. As a result, gold collapsed from its historic high, while the US dollar index rebounded from multi-month lows.
Technical Analysis of the XAU/USD Chart
Gold price fluctuations have formed an upward channel (highlighted in blue), with key reversal points marked for constructing the channel. From this perspective, one interpretation is that the upper boundary marked a price area where gold was extremely overbought. Now, the imbalance in market sentiment may be driving the price back towards the median, where supply and demand tend to stabilise.
And although the $3,300 level is currently acting as support, the XAU/USD chart reveals several signs suggesting that bears are taking control:
→ The price has dropped by approximately $200 in less than two days;
→ A bearish Fair Value Gap has formed during the decline (highlighted by a rectangle) – a pattern typically interpreted as sellers outweighing buyers;
→ The steep purple ascending channel has been broken.
It can be assumed that even if the fundamental backdrop offers reasons for a short-term price recovery, this may prove to be only a temporary bounce following a sharp shift in sentiment towards bearishness at the start of the current week.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
gold on sell#XAUUSD today we expect price to continue bearish, but firstly we need retest above 3346 to sell.
Above 3346 sell limit, take profit 3280, stop loss 3360.
Bullish can take formation unless the H1 candle closes long above 3350.
Gold Short Term UpdateGold on M15 formed a valid descending trendline with 4 touches rejected
so now we're waiting for a M15 candle to broke and close above the touch of the trendline to activate the long (buy) trade
Trade safe and don't forget to trade with risk management
Follow us for more updates and ideas
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.
XAUUSD Today's strategyThere 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.
Gold long I think she will continue to impress everyone .
This was just another dump.
Let the fun begin again.
XAU/USD 23 April 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
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: Bullish.
Analysis and bias remains the same as yesterday's analysis dated 22 April 2025.
In addition we should be mindful that All HTF's require a pullback and H$ TF has indicated the start of bearish pullback phase as a bearish CHoCH has been printed, therefore, it should not come as a surprise if price printed a bearish iBOS.
You will note that currently price has mitigated an M15 demand zone and strong low is currently holding.
Price printed as per analysis dated 18 April 2025 by targeting weak internal high.
Price has continued to print higher-highs with minimal pullbacks.
Multiple CHoCH's have been printed, however, I will apply discretion and not classify them as CHoCH's in order not to distort internal structure due to very minimal pullbacks.
Since most recent all time high price has printed a bearish CHOCH and is now trading within an established internal structure which I will continue to monitor.
Intraday Expectation:
Price to trade down to either discount of 50% internal EQ, or M15 demand zone before targeting weak internal high priced at 3,500.200
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:
GOLD → Correction after reaching 3500. What's next?FX:XAUUSD updates high to $3,500 amid Trump's attacks on the Fed, we are still in the aggressive trend phase. North train makes a small stop which may give us a chance to trade...
Investors are fleeing to safe-haven assets amid an escalating US-China trade war and Trump's verbal attacks on Fed chief Powell.
Trump is blaming the Fed for the slowing economy and demanding immediate rate cuts, which is undermining confidence in the dollar and boosting demand for gold.
3500 is a psychologically important target and once it is reached, traders have moved to profit-taking, which could lead to a small correction...
Resistance levels: 3475, 3500
Support levels: 3441, 3408, 3385
As part of the correction, the price may test 3440, or 3410. The trend is aggressively bullish and sales should not be considered. The ideal scenario would be liquidity capture relative to 3410 and rebound or continuation of growth, as the fundamental background is on the side of gold....
Regards R. Linda!
GOLD Bullish Bias! Buy!
Hello,Traders!
GOLD is trading in a strong
Uptrend and the price is
Making a local bearish correction
So after it retests the horizontal
Support level below around 3344$
We will be expecting a rebound
And a further bullish move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
