GOLD falls more than 40 Dollars, widening correction rangeSpot OANDA:XAUUSD unexpectedly accelerated its decline during the Asian trading session on Monday (April 28). The current price of gold is around 3,280 USD/ounce, down more than 40 USD on the day. The price of gold has gradually decreased compared to the intraday high of 3,336.98 USD/ounce reached at the beginning of the trading session.
The easing of trade tensions between China and the United States has weakened gold’s appeal as a safe haven. Gold prices have fallen more than 5% since breaking above $3,500 an ounce last Wednesday.
The latest developments around US-China trade relations and the release of key US macroeconomic data will trigger gold’s near-term price action. Market participants will be closely watching US economic growth and employment data this week.
The latest data from the US Commodity Futures Trading Commission (CFTC) showed that hedge fund managers cut their net long positions in gold futures and options to a 14-month low.
Technical Outlook Analysis OANDA:XAUUSD
On the daily chart, gold has dropped below the raw price of $3,300 and at its current position it could continue to decline further with a short-term target of around $3,245 where the price confluences with the upper edge of the price channel.
Although gold has fallen significantly from $3,500, looking at the overall chart, gold still has bullish conditions with support from EMA21 and the rising price channel as the long-term trend. On the other hand, the down trending RSI is also approaching the 50 level, in this case the 50 level is the closest support at present, indicating that there may not be much room for decline in the short term.
Once gold is back in action above the 0.382% Fibonacci retracement level, it will be in position to rebound with a target of around $3,371 in the short term.
During the day, the bearish correction could continue but will be limited by the EMA21 and the price channel. Along with that, the bearish correction along with the main uptrend will be noticed by the following technical positions.
Support: $3,245 – $3,228 – $3,200
Resistance: $3,292 – $3,371
SELL XAUUSD PRICE 3328 - 3326⚡️
↠↠ Stop Loss 3332
→Take Profit 1 3320
↨
→Take Profit 2 3314
BUY XAUUSD PRICE 3226 - 3228⚡️
↠↠ Stop Loss 3222
→Take Profit 1 3234
↨
→Take Profit 2 3240
Futures
BTC ANALYSIS (update)📊 #BTC Analysis : Update
✅As we said earlier, #BTC performed same. Around 22% bullish move done after the analysis. Now we can see that #BTC is trading around a mmajor resistance. We could expect around 10% bullish move if it sustain above its major resistance area
👀Current Price: $94,590
🚀 Target Price: $1,04,476
⚡️What to do ?
👀Keep an eye on #BTC price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#BTC #Cryptocurrency #TechnicalAnalysis #DYOR
ES how to trade longs!On the 1-hour ES chart we identified an hourly oversold condition against our JLines bands and flagged a long plan this morning (see the 2:39 PM alert). We held the JLines 60 min curl as support, pulled the trigger near 5,375, and rode the move up to 5,475+ for a clean win.
Setup Details
Timeframe: 1 hour
Signal: Hourly JLines curl held in oversold zone
Entry: ~5,375 region
Target: 5,700 area
Outcome: Target reached, +100 handles
This is our repeatable process—spot the JLines support in an oversold zone, plan the entry, and lock in the move.
GOLD recovers, market sentiment correction may stopAfter US President Trump hinted that tariffs on China could be reduced and that he had no intention of removing Federal Reserve Chairman Powell, the market's risk-off sentiment cooled and international gold prices fell on Wednesday (April 23) before recovering slightly in early trading today, Thursday (April 24).
Last night, Trump made some important comments, not only clearly showing a softer stance on China but also making it clear that he had no intention of removing Federal Reserve Chairman Powell (in fact, he has no authority to do so).
The current bullish cycle in OANDA:XAUUSD is largely driven by the market pricing in the risk of “stagflation”, but as this risk is gradually eliminated, gold could see a significant correction.
Looking at the big picture, gold remains in an uptrend as real yields are likely to continue to fall amid the Fed’s easing policy. But in the short term, if positive tariff news continues to emerge, gold could fall further and the market will adjust to the new environment.
Earlier, after days of harsh criticism of the Federal Reserve for not cutting interest rates, Trump withdrew his threat to fire Chairman Powell. At the same time, he also expressed confidence in reaching a deal with China to significantly reduce import tariffs from China, but also warned that "if they don't make a deal, we'll make a deal."
Meanwhile, the International Monetary Fund (IMF) on Tuesday cut its forecast for global and US economic growth this year, citing Trump's tariff policies as the main reason for the downgrade.
As a traditional safe-haven asset, gold has set new historical highs several times since the beginning of 2025, with a cumulative increase of more than 26%.
Technical Outlook Analysis OANDA:XAUUSD
After 2 days of significant correction, gold recovered in today's Asian trading session (24/4) with the recovery level taking the 0.382% Fibonacci retracement point as the nearest support. As noted to readers throughout the publications, gold is still in an uptrend with the price channel as the main trend and the main support from the EMA21, as long as the price decline does not break below the above supports, it should only be considered a short-term correction or a buying opportunity.
As of now, gold is trading around $3,333/oz, up 1.38% on the day and around $45 and the upside momentum is expected to test the 0.236% Fibonacci retracement level followed by $3,430.
For the day, the main technical outlook for gold is bullish recovery, and the notable positions are listed as follows.
Support: $3,300 – $3,292 – $3,245
Resistance: $3,371 – $3,430
SELL XAUUSD PRICE 3383 - 3381⚡️
↠↠ Stop Loss 3387
→Take Profit 1 3375
↨
→Take Profit 2 3369
BUY XAUUSD PRICE 3206 - 3208⚡️
↠↠ Stop Loss 3202
→Take Profit 1 3214
↨
→Take Profit 2 3220
Gold chart showing interesting dataInteresting chart on GOLD futures.
Always wise to WAIT until end of day/week.
Daily Chart
Heavy selling has not meant much BUT the movement today is....... different.
Weekly Chart
RSI is not bad but it is weaker than Oct 24.
$ Flow is down a significant amount compared to last top.
GOLD holds above 3,400, heading towards 3,500As the US Dollar OANDA:XAUUSD weakened and Sino-US trade tensions raised market concerns about the economic outlook, investor risk aversion increased, pushing gold prices to a record high, breaking through the $3,400/ounce mark and maintaining price action above this level, continuing to target a new all-time high of $3,500.
The US Dollar fell sharply during the day as US President Donald Trump made critical remarks about Federal Reserve Chairman Jerome Powell, further undermining market confidence in the US economy. A weaker US Dollar typically makes US Dollar-denominated gold more attractive to holders of other currencies.
On trade, China accused the United States of abusing the tariff tool and warned other countries not to reach broader economic and trade agreements with the United States at the expense of their own interests. Gold, long seen as a hedge against uncertainty and a highly liquid asset, has risen more than $700 since the start of 2025. Gold broke through $3,300 for the first time last Wednesday and the surge has pushed prices above $100 again in just a few days.
Trump is considering removing Fed Chairman Powell and has repeatedly called for interest rate cuts. Chicago Fed President Goolsbee has spoken out publicly against undermining the independence of the central bank.
Trump also made some shocking statements. Trump shared his thoughts on the negotiations on his social media platform Truth Social, saying, "The golden rule of negotiation and success: he who has the gold makes the rules," meaning he who has the gold rules.
This post about gold is quite interesting, considering the market volatility caused by Trump's previous comments on stocks on social media.
Trump also said, "Businessmen who criticize Tariffs are bad at business, but they are really bad at politics. They don't understand or realize that I am the best friend American Capitalism has ever had!"
Technical Outlook Analysis OANDA:XAUUSD
On the daily chart, gold continues to hold above the $3,400 base point and the 0.786% Fibonacci extension level, which is a positive factor for the gold price's bullish outlook. On the other hand, the Relative Strength Index (RSI) is operating in the overbought zone but is not sending any signals indicating a possible downside correction, a sign indicating a possible downside correction is the RSI heading below 80.
In terms of current position, gold still has a bullish outlook in the short term with the price channel as the trend and maintaining activity above the 0.786% Fibonacci extension level provides conditions for gold to aim for a new bullish target at $3,482 in the short term, more than the raw price point of $3,500.
During the day, the short-term bullish outlook of gold will be focused again by the following positions.
Support: $3,420 – $3,400
Resistance: $3,482 – $3,500
SELL XAUUSD PRICE 3517 - 3515⚡️
↠↠ Stop Loss 3521
→Take Profit 1 3509
↨
→Take Profit 2 3503
BUY XAUUSD PRICE 3448 - 3450⚡️
↠↠ Stop Loss 3444
→Take Profit 1 3456
↨
→Take Profit 2 3462
22 April important level trading zone #Nifty50 #option trading
99% working trading plan
👉Gap up open 24238 above & 15m hold after positive trade target 24508,
👉Gap up open 24008 below 15 m not break upside after nigetive trade target 24008, 23853
👉Gap down open 24008 above 15m hold after positive trade target 24238 , 24508
👉Gap down open 24008 below 15 m not break upside after nigetive trade target 23853, 23653
💫big gapdown open 23853 above hold 1st positive trade view
💫big Gapup opening 24508 below nigetive trade view
📌 Trade plan for education purpose I'm not responsible your trade
More education follow & support me
GOLD at its peak, Trump and Powell in focusSpot OANDA:XAUUSD surged, with gold just hitting a new record high of $3,384.62 an ounce. Gold is now up more than $60 on the day. Trump's comments and the Powell "conspiracy" have combined to trigger market activity.
Earlier, US President Donald Trump released his insights into the negotiations on his social media platform Truth Social, saying that "the golden rule of negotiation and success is that he who has the gold makes the rules," meaning he who has the gold will have the upper hand. This post on gold is quite interesting, considering the market volatility caused by Trump's previous comments on stocks on social media.
Gold prices have surged to a record high as the U.S.-led trade war fuels safe-haven demand and the dollar weakens, Bloomberg reported, and data in the coming days could highlight early signs of damage to the global economy.
The International Monetary Fund is expected to cut its economic growth forecast on Tuesday, while the Purchasing Managers’ Index (PMI) the following day will provide a snapshot of economic activity since U.S. President Donald Trump imposed tariffs.
Gold prices have hit record highs this year as trade conflicts have roiled global markets, denting demand for riskier assets while spurring a rush to safe havens among investors.
Gold ETF holdings have risen for a 12-week streak, the longest such streak since 2022. Central banks have also increased their holdings of gold, supporting strong global demand.
Bloomberg notes that the sell-off in the US dollar intensified on Monday as US President Trump weighs whether to fire Federal Reserve Chairman Jerome Powell.
Powell's possible removal could undermine investor confidence as the Fed's independence is seen as a key factor in investing in US assets. However, given that Trump has previously said he welcomes a weaker currency because it makes US products more competitive, he may welcome a weaker US dollar.
Technical Outlook Analysis OANDA:XAUUSD
On the technical chart, the short correction last Friday ended quickly as gold continued to rise along the short-term price channel.
The increase broke the 0.618% Fibonacci extension, giving gold the conditions to continue to rise with the target of the 3,400 USD price point in the short term, more than the 3,420 USD price point of the 0.786% Fibonacci extension.
It is difficult to expect a significant correction in the current context, but the RSI down through 80 can be considered a good signal for the expectation of a short-term correction.
However, with the current position, the main technical outlook for gold is still bullish with notable positions listed as follows.
Support: 3,372 – 3,357 USD
Resistance: 3,400 – 3,420 USD
SELL XAUUSD PRICE 3414 - 3412⚡️
↠↠ Stop Loss 3418
→Take Profit 1 3406
↨
→Take Profit 2 3400
BUY XAUUSD PRICE 3316 - 3318⚡️
↠↠ Stop Loss 3312
→Take Profit 1 3324
↨
→Take Profit 2 3330
MNQ Outlook 4-21-25Toying around with posting publicly welcome back folks.
MNQ still is yet to pick a direction following the big run on wednesday 2 weeks ago. long term I think path of least resistance is for price to continue to chase sellside liquidity. However that high that was put in on that wednesday may be cleared out first.
In any case my trade bias is always day by day and what is offered to me during my trading window.
Please note this is not investment advice.
VET ANALYSIS🚀#VET Analysis : Pattern Formation
🔮As we can see in the chart of #VET that there is a formation Inverse Head And Shoulder Pattern and it's a bullish pattern. If the candle sustain above the neckline then a bullish move could be confirmed✅
🔰Current Price: $0.02435
⚡️What to do ?
👀Keep an eye on #VET price action. We can trade according to the chart and make some profits⚡️⚡️
#VET #Cryptocurrency #TechnicalAnalysis #DYOR
GOLD MARKET ANALYSIS AND COMMENTARY - [April 21 - April 25]Earlier this week, the international OANDA:XAUUSD fell from $3,245/oz to $3,193/oz after US President Donald Trump exempted tariffs on 20 goods, including smartphones, laptops, hard drives, computer monitors and machinery used to produce semiconductors and chips. However, the US-China trade war became increasingly tense when Mr. Trump announced a tax of up to 245% on Chinese goods imported into the US, pushing the gold price to skyrocket to $3,357/oz, then adjusted down to $3,283/oz and closed the week at $3,327/oz.
Many experts believe that the unpredictable policy changes of the US President, as well as the risk of a global economic recession, especially Mr. Trump's threat to remove FED Chairman Powell...
May continue to support gold prices in the short term. In addition, the weakening of the USD has also been actively supporting the upward momentum of gold prices.
🕹SOME DATA THAT MAY AFFECT GOLD PRICES THIS WEEK:
There won’t be many important economic reports coming up next week, especially since markets will be closed on Monday for the Easter holiday.
On Wednesday, markets will get the preliminary S&P Global Composite PMI for April and new home sales data for March. On Thursday, a slew of important data will be released, including durable goods orders, weekly jobless claims and existing home sales. The weekend will close with the final report on the University of Michigan consumer sentiment index.
Markets will also be closely watching speeches from Neel Kashkari, Austan Goolsbee, Adriana Kugler and Patrick Harker, especially after notable comments from Fed Chair Jerome Powell on Wednesday.
📌Technically, gold is already deep in overbought territory, and a technical correction could be imminent before gold can move higher. Depending on the strength of the correction, gold could fall to $3,250/oz next week, followed by $3,150/oz, and then the psychological support of $3,000/oz. However, if $3,300/oz proves to be a solid support level, gold could soon break above $3,400/oz next week. It could even go as high as $3,500/oz if US-China trade tensions continue to escalate.
Notable technical levels are listed below.
Support: 3,304 – 3,300 – 3,261USD
Resistance: 3,338 – 3,372USD
SELL XAUUSD PRICE 3394 - 3392⚡️
↠↠ Stop Loss 3398
BUY XAUUSD PRICE 3243 - 3245⚡️
↠↠ Stop Loss 3239
SOYBEAN, Weekly Supply/Demand+fundamentals we are kicking of the year with a clear technical rejection from $1050 to $1112 weekly supply zone. Price pushed agressively into this area and has now printed multiple rejection candles on the daily, confirming the zones strength.
fundamentals are showing bearish positioning aligned with the technical setup.
entry wil be at market open. first target is at break of recent support and if fundamentals stil support the bias by then we wil also aim for target two.
simple structure, clean confirmation. lets see if price delivers.
GC1! Gold Futures Weekly Outlook. Expecting Mid week reversalCOMEX:GC1!
Expecting a massive meltdown on Gold after $3400. On the Daily Internal Range Liquidity.
Trading All Time Highs is different compare to trading when you have a data on the left. Very volatile conditions on GOLD. I will buy from a 4H orderflow upto $3400. Then would short from $3400 CME_MINI:NQ1!
6J1!: Yen Steady as Dollar Recovers: Reversal WatchThe Japanese Yen maintains its strength in relation to the recovering US Dollar. However, recent improvements in global risk sentiment are beginning to weaken the JPY's appeal as a safe-haven currency. At this point, the Yen is positioned within a significant supply zone, where we are closely monitoring for potential reversal opportunities.
According to the latest COT report, retailers are predominantly holding long positions, which adds an interesting dynamic to the current market environment. As we evaluate the situation, our focus is on the possibility of a reversal, especially as the US Dollar shows signs of regaining momentum. This scenario could lead to notable shifts in currency dynamics, and we are keen to see how these factors will unfold in the near term.
✅ Please share your thoughts about 6J1! in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
GOLD soars over $50, heading for new ATHSpot OANDA:XAUUSD surged, with an intraday gain of more than $50, now trading around $3,281/oz to fresh all-time highs.
OANDA:XAUUSD hit a record high as the Trump administration launched investigations that could widen the trade war, boosting demand for safe-haven assets, Bloomberg reported on Wednesday. U.S. President Donald Trump on Tuesday launched an investigation into the need to impose tariffs on critical minerals, the latest move in the widening trade war.
According to a White House fact sheet, the executive order signed by Trump on Tuesday directs the secretary of commerce to initiate a Section 232 investigation under the Trade Expansion Act of 1962 to “assess the impact of imports of these materials on the security and resilience of the United States.”
On Wednesday, gold traders will focus on U.S. retail sales data for March, as well as speeches from Federal Reserve officials, primarily Chairman Jerome Powell.
Technical Outlook Analysis OANDA:XAUUSD
After gaining support from the 3,200USD price level, which is an important support for readers to pay attention to in the weekly publication, gold has skyrocketed towards the weekly target level of 3,295USD.
Currently, there is no resistance that can prevent the gold price from heading towards 3,295USD, and the uptrend is still absolutely dominant on the technical chart.
In terms of momentum, the Relative Strength Index is just approaching the overbought zone and is not giving any signal of a possible correction in the short term. Therefore, in terms of momentum, gold can still continue to increase in price.
During the day, the upward trend of gold prices will be noticed again at the following positions.
Support: 3,245 – 3,223 – 3,200 USD
Resistance: 3,295 – 3,300 USD
SELL XAUUSD PRICE 3315 - 3313⚡️
↠↠ Stop Loss 3319
→Take Profit 1 3307
↨
→Take Profit 2 3301
BUY XAUUSD PRICE 3223 - 3225⚡️
↠↠ Stop Loss 3219
→Take Profit 1 3231
↨
→Take Profit 2 3237