Short XAU (Gold) Gold Futures are showing a very clean impulsive move through Elliot Wave TA. You can see the running flat on the 2nd wave leading to a very strong move on the Wave 3 major move. The Wave 5 is shorter than the Wave 3 to confirm the possible completion of this 5 Wave move up.
A weaker DXY (USD) is throwing an obstacle to this beautiful setup. Let's see some stability to the bonds market which should lead to stability in the equities market. This should help propel traders taking profits on this Gold rush.
Goldprice
Technical analysis of short-term operations in the US market on 4,9 US trading operation interpretation ideas:
Today, there was a bottoming out and rebound. In the morning, it first went south and then north. It fell sharply to 2970 and then quickly counterattacked 3000 after entering the Asian session! I emphasized in the morning that the gold short may be coming to an end! It will enter a short-term sharp decline and then rebound! But the current trend is obvious that today's increase has exceeded expectations!
We must beware of the possibility of a V-reversal in the US market! Although the large-scale purchase of gold caused by the selling of US bonds is still difficult to confirm the long position in the US market!
The intraday increase is close to 90 points! There may be two emotions.
1: The market impact after the tariffs are implemented has not been eliminated
2: If the bullish trend continues in the US market, it may retreat to around 3045 in the future, and continue to be bullish later!
Short-term support: 3045---3030----3000
Pressure level: 3075---3080---3100---3135
Gold-----Sell near 3020-3060, target 3000-2969Gold market analysis:
We clearly said in our analysis yesterday that gold would rise and fall. The daily line shows that it can't go up much. We sold at 3008, 3015, 3014, and 3022 yesterday, and we made profits. Today's gold idea is to pay attention to whether it continues to swing. The daily line fell and then pulled up. The daily line hovered at the bottom. The oscillating market must find the oscillation range. Finding the rhythm is the most important thing. Yesterday, the daily line was a cross star again. Today's Asian session is expected to fluctuate. In addition, there are many fundamentals in the near future. The market has been led by the rhythm. Gold rose well before, and the sharp drop was also due to Trump's tariff policy. The global tariff war is inevitable in the future. It supports the US dollar in the long term and suppresses gold. The short-term top of the weekly line may be the long-term top.
Today's idea is to focus on the 2969-3022 range. We will look for meat in this range in the Asian session. In addition, the daily fluctuations make the indicators sluggish. If the Asian session rebounds first and approaches 3022, go short first. On the contrary, if gold breaks and stands above 3022, it will also fluctuate, but the center of gravity of the fluctuation will rise to the range of 3000-3055. The fluctuation requires patience to wait for the position, and waiting is also part of the transaction.
Support 2990, 2969, pressure 3022, the watershed of strength and weakness of the market is 3000.
Fundamental analysis:
The tariff war continues to affect the market, and the long and short positions have begun to compete. We will pay attention to CPI later.
Operational suggestions:
Gold-----Sell near 3020-3060, target 3000-2969
GOLD Down Strong Impulse IncomingPredicting Gold Down move from this area and will short it heavy id this start to happen.
Looks for positions above 3080.
Init Target 2880 and 2800.
setup invalidation at clean breaking above 3100.
Expecting this down move to be impulsive and strong.
Note: Not a Financial Advice.
Gold (XAU/USD) Bullish Breakout Trade Setup – Targeting 3,130Chart Analysis
Trend & Structure
CHoCH (Change of Character): Marked on the chart, indicating a potential trend reversal from bearish to bullish.
The price has broken above a descending trendline and is forming higher highs and higher lows, supporting a bullish bias.
EMAs
EMA 30 (red) and EMA 200 (blue):
EMA 30 has crossed above EMA 200, which is often considered a bullish signal.
The price is currently trading above both EMAs, reinforcing the upward momentum.
---
Trade Setup
Entry Zone
The purple highlighted area between ~3,026 and 3,035, acting as a potential demand zone (previous
4.9 Gold price trend after the Fed meetingIn the early European session, spot gold maintained its amazing intraday gains, and the current price is around $3046/oz, up $64 on the day.
Gold's latest technical trading analysis:
Gold's recent sharp decline from its all-time high has stalled near the 61.8% Fibonacci retracement level of the February-April rally. The support level is around the $2957-2956/oz area, or the multi-week low hit on Monday, followed by the 50-day moving average (currently around $2952/oz). If gold falls below the latter, it will be seen as a new trigger by bearish traders and drag gold to the next important support level around $2920/oz, and then all the way down to $2900/oz.
On the other hand, the momentum of gold breaking through the overnight high (around the $3023/oz area) could push gold prices to the $3055-3056/oz barrier. Some follow-up buying should pave the way for gold to return to the $3,100/oz mark, with some intermediate barriers around $3,075-3,080/oz.
Support: 3,030 3,018 3,000
Resistance: 3,045 3,068 3,080
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Is the decade-long bull run in gold prices coming to an end?Market news:
In the early Asian session on Wednesday (April 9), spot gold maintained a narrow range of fluctuations and traded around $2,983. In the previous trading day, the rebound of London gold prices was blocked, and it once surged to $3,022 during the session, but it eventually gave up its gains and fell to around $2,969 in the early trading due to the rise in U.S. Treasury yields and the decline in U.S. stocks. Although the weakening of the U.S. dollar and trade tensions provide safe-haven support for international gold, market concerns about weak demand for U.S. Treasury auctions, the outlook for the Fed's policy and increased stock market volatility still dominate short-term sentiment.The current market focus is on the evolution of the Fed's policy path and the geopolitical trade situation. Under the interweaving of long and short factors, the short-term volatility of gold has risen significantly. As tensions between historical allies over U.S. tariffs, global trade, and the wars in Ukraine and the Middle East intensify, this time it seems unlikely that the major powers will quickly unite to resolve the issues that drive investors' interest in gold as a safe-haven tool. Investors need to focus on the results of the US 10-year Treasury auction today, the minutes of the Federal Reserve's March meeting, and the quarterly earnings period opened by JPMorgan Chase and other financial reports. If the demand for US Treasury auctions is weak or the Federal Reserve releases hawkish signals, gold prices may be further under pressure; on the contrary, the worsening of the trade war situation or the continued decline of US stocks may stimulate safe-haven buying.
Technical Review:
Technical gold daily chart, four-hour chart, hourly chart maintains a volatile downward short structure. The daily chart closed with a cross star yesterday. This pattern appears in the volatile downward structure and is regarded as a relay pattern rather than a reversal signal. At present, the daily chart MA10/7-day moving average opens downward at a high dead cross of 3060, and the MA5-day moving average opens downward and moves down to 3017, and the RSI indicator runs below the central axis 50 value. The price of the short-term four-hour chart is below the MA10-day moving average, and the price remains in the middle and lower track of the Bollinger Band channel. Gold remains volatile downward, and the trading idea remains unchanged, with rebound high and low as the main support, and low and long as the auxiliary. Resistance 2996/3008 far end 3020/3036, support 2968/2956 far end 2942/2930.
Today's analysis:
The long bull market of gold started in 2015 has been going on for nearly ten years. If the gold price falls by more than 20% from the high point, it may indicate a turning point in the cycle. We need to pay attention to the signal of the Fed's policy shift and the easing of the geopolitical situation. Even if we are optimistic about the bull market in the long term, it does not mean blindly chasing highs! Gold has been crazy for 3 trading days, and it began to stabilize slowly yesterday. After falling more than 200 US dollars in the daily cycle for 3 trading days, it needs a process of shock correction. At the same time, we need to pay attention to the development of tariffs. Yesterday, I emphasized the focus on the long-short dividing point of 3030 US dollars for gold. As the key position for the top and bottom conversion, before this position is broken, continue to sell gold at a high price. Yesterday, the circle of friends in the European session also suggested selling gold in the rebound area of 3020, because the loss of 3100 US dollars in the early stage has laid the groundwork for short-term adjustments. In addition, due to the impact of trade frictions, market sentiment is overly tense, and a large amount of funds have begun to withdraw from finance, including gold, which has been sold indiscriminately. After the gold price fell below the $3,000 mark, the market selling sentiment was high, and it was believed that gold would enter a large-scale adjustment! The recent market fluctuations have been very large, which is also in line with the properties of the gold product mentioned. When all assets are sold, the currency's safe-haven properties are highlighted. The sharp drop is accompanied by a fierce rebound, and the amplitude is not small. This was the case last Thursday, Friday and today. The current market starts with a fluctuation of tens of dollars. There are opportunities but also great risks. This will be the norm if panic does not subside. What retail investors can do is to decide what they can decide and do a good job of risk control. The current market is defined as a volatile market, which is a position operation. Today, the resistance of gold focuses on selling in the pressure area of 3020-3040.
Operation ideas:
Short-term gold 2953-2956 sell, stop loss 2945, target 2990-3000;
Short-term gold 3020-3030 short, stop loss 3050, target 2980-3000;
Key points:
First support level: 2968, second support level: 2956, third support level: 2942
First resistance level: 2996, second resistance level: 3005, third resistance level: 3020
XAU/USD(20250409) Today's AnalysisMarket news:
The U.S. Customs and Border Protection Agency reiterated that the specific tax rates for each country will be announced at 12:01 a.m. on April 9.
Technical analysis:
Today's buying and selling boundaries:
2993
Support and resistance levels:
3040
3022
3011
2974
2963
2945
Trading strategy:
If the price breaks through 2993, consider buying, the first target price is 3011
If the price breaks through 2974, consider selling, the first target price is 2963
Gold Price Analysis: Key InsightsCurrent Market Situation:
Gold prices have retreated from all-time highs but are now consolidating near the 50-day moving average (MA), a key technical level. This pause in momentum signals a test: will buyers defend this support, or will sellers drive prices lower?
Drivers of Gold’s Performance:
Weaker U.S. Dollar: A softer dollar boosts gold’s appeal for foreign buyers, lifting demand.
Fed Rate Cut Expectations: Markets expect over 100 basis points (1%) of cuts by the end of 2025. Lower rates cut the cost of holding gold and push real yields down, making it more attractive.
Trade Tensions: Rising U.S.-China-EU friction fuels uncertainty, driving investors to gold as a safe haven. Geopolitical and economic risks continue to support prices.
Year-to-Date Gain: Gold’s up nearly 15% in 2025, fueled by these factors.
Technical Levels to Watch:
Upside Scenario: A break above $3,062.20 could spark bullish momentum, targeting the record high of $3,167.84.
Downside Risk: A drop below $3,000 may lead to a deeper pullback, possibly testing the 200-day MA or $2,900, shifting sentiment bearish.
The 50-day MA remains a pivotal level.
Upcoming Catalyst:
Traders are eyeing the Fed’s latest meeting minutes for hints on rate cuts and economic outlook—key drivers for gold’s next move.
Broader Context:
Rate Cuts & Real Yields: Lower Fed rates shrink Treasury yields. Persistent inflation cuts real yields further, favoring gold over bonds or cash.
Trade Tensions: U.S. tariffs or sanctions on China and the EU threaten global trade stability, boosting gold as a hedge.
Market Sentiment: Gold’s fate hinges on technicals and macro triggers like Fed signals or geopolitical events.
What to Watch:
Fed Minutes: Dovish tones or growth concerns could lift gold.
Dollar Strength: A falling DXY supports gold’s rally.
Price Action: Watch $3,062.20 for a breakout or $3,000 for a breakdown. Volume and RSI can confirm trends.
Summary:
Gold’s path is shaped by a weak dollar, rate cut bets, and trade unrest. It’s teetering between a breakout and a breakdown, with the Fed holding the key.
GOLD's under Geopolitical Tension (US-CHINA TRADE WAR, TARIFFS)Hey fellas,
Long time no see...
Technical side stays bullish.
Price has failed to break 2960 zone aimed Tariffs.
It has pushed more than 500 pips during Asian session
and clearly broke above 2920 zone.
As soon as price stays under 2920 till NY session, we
might see another push back.
However, if prices continues to breakup and hold 2920 as
support then we'll surely have new ATH soon enough.
DON'T FORGET UPCOMING'S CPI TOO.
Gold started current week within a range of 2965 to 3020. However,
geopolitical tension between US-CHINA trade war and TARIFFS ofcourse
caused huge uncertainty in the market.
GOLD has always been in favour of geopolitical situations.
Market is clearly reacting based on fundamental.
Gold (XAUUSD) Reversal Setup: Buy Opportunity from Demand Zone t# GOLD (XAUUSD)
Timeframe: 30-minute
Indicators:
EMA 30 (Red): 3,000.22
EMA 200 (Blue): 3,042.92
🔍 Price Action & Zones
Current Price: 2,982.27
Support Zone (Demand Zone): ~2,940.27 (highlighted in purple, labeled as STOP LOSS)
Resistance Zone (Supply Zone): ~3,040.17–3,042.92 (labeled as EA TARGET POINT)
📈 Trade Idea (Based on Drawing)
Strategy: Buy from demand zone, targeting supply zone
Entry: Near 2,940.27
Stop Loss: Slightly below 2,940.27
Target: ~3,040.17
Risk to Reward: ~1:2.6 (visually)
📊 EMA Dynamics
Bearish Bias in the Medium Term: Price is trading below the 200 EMA, indicating an overall bearish trend.
Short-Term Weakness: The price has also dropped below the 30 EMA, confirming bearish momentum in the short run.
🔄 Possible Scenario
Price is currently heading back down toward the demand zone, where a bounce is anticipated.
If it respects that zone, we may see a reversal toward the target zone at ~3,040.
If it breaks below 2,940, the setup would be invalidated (stop loss hit).
⚠️ Things to Watch
Rejection or support confirmation at 2,940 zone is key before entry.
Be cautious of continued bearish momentum if economic news or global risk sentiment shifts.
Look for bullish reversal patterns (e.g. hammer, bullish engulfing) at the demand zone for confirmation.
4.9 Technical analysis of short-term gold operations!Gold market analysis
Gold idea: We need to pay attention to whether the daily line will rise after reaching a low. The daily line is hovering at the bottom. In a volatile market, we must find a range of volatility. Finding the rhythm is the most important thing. Yesterday, the daily line formed a cross star again. Today, the white market is expected to fluctuate. In addition, there are many fundamentals in the near future. The market has been led by the rhythm. Gold rose well before. The sharp drop was also due to Trump’s tariff policy. The global tariff war is inevitable in the future. It will support the US dollar in the long term and suppress gold. The short-term top of the weekly line may be a long-term top.
Today’s idea: Let’s focus on the 2969-3022 volatility range. If the white market rebounds first and approaches 3022, go short first. On the contrary, if gold breaks and stands on 3022, it will also fluctuate, but the center of gravity of the volatility will rise to the 3000-3055 range. The volatility requires patience to wait for the position, and waiting is also part of the transaction.
Support level: 2990-2969,
Pressure: 3022 3035
After a brief rebound, gold continues to be short-sellingThe gold 1-hour moving average is still in a downward dead cross short arrangement, and the gold short strength is still there. The gold moving average resistance has now moved down to around 3002. After gold fell below 3000, gold accelerated its decline again, indicating that gold is still at an important level around 3000. The volatility of gold has only increased recently, so don't think that the market has reversed because it seems to have rebounded a lot. The recent fluctuations of tens of dollars in the gold market are normal.
Trading ideas: short gold around 3000, stop loss 3010, target 2970
XAU/USD) Bearish trand analysis Read The ChaptianSMC Trading point update
This chart analysis is for Gold Spot (XAU/USD) on the 1-hour timeframe. Here’s a breakdown of the idea shown:
---
Key Points in the Analysis:
1. Current Price:
XAU/USD is around $2,982.92 at the time of the chart.
2. Trend:
The chart suggests a bearish outlook.
Price has been consistently rejected from the yellow supply zone (around 3,020–3,033).
EMA 200 (blue line) is above the current price, confirming downward momentum.
3. Rejection Zone:
Marked in yellow between 3,020 and 3,033. Labeled as “Reject points”.
Price failed to break above this zone multiple times.
4. Breakout Pattern:
Two descending rectangles highlight bearish continuation patterns.
A bearish flag or wedge is visible, followed by a breakout downward.
5. Target Zone:
Highlighted in yellow between 2,900 and 2,921, with target point at 2,920.615.
Price is expected to move down to this level.
6. RSI (Relative Strength Index):
RSI is declining and shows bearish divergence, supporting downside move.
Currently around 39.19, which is closer to oversold territory but still has room to drop.
Mr SMC Trading point
---
Trade Idea Summary:
Bias: Bearish
Entry Area: Rejection near 3,020–3,033 zone
Target: 2,920.615 (highlighted support zone)
Stop Loss: Could be placed above 3,033 (supply zone or EMA 200)
Confluence Factors:
EMA 200 rejection
Bearish RSI divergence
Repeated supply rejection
Breakout from bear flag structures
Pales support boost 🚀 analysis follow)
Gold ideas/scenarios for Tuesday April 8th
📉 Intraday Bias: Bearish below 2980–3000 supply
🔻 SELL SCENARIOS
🟥 SETUP 2: Liquidity Spike Short
📍 Entry: 3010–3015
🧠 Why: Liquidity hunt above 3000 + bearish FVG
🎯 TP1: 2975
🎯 TP2: 2940
🛑 SL: 3019
🟥 SETUP 3: EMA Fade Shot
📍 Entry: 3035–3040
🧠 Why: EMA50 touch + trendline confluence on H1
🎯 TP1: 2990
🎯 TP2: 2950
🛑 SL: 3046
🟩 BUY SCENARIOS
🟩 SETUP 1: Discount OB Bounce
📍 Entry: 2945–2955
🧠 Why: M30 OB + FVG + golden fib (0.618)
🎯 TP1: 2990
🎯 TP2: 3030
🛑 SL: 2938
🟩 SETUP 2: Demand Retest Play
📍 Entry: 2905–2915
🧠 Why: H4 OB + prior bounce structure
🎯 TP1: 2960
🎯 TP2: 3000
🛑 SL: 2895
🟩 SETUP 3: Deep Demand Sweep
📍 Entry: 2885–2895
🧠 Why: HTF demand zone + imbalance + psych level 2900
🎯 TP1: 2950
🎯 TP2: 2980
🛑 SL: 2878
⚔️ Key Levels to Watch
🔸 2980–3000 → OB resistance
🔸 2960–2950 → Reaction zone
🔸 2915 / 2890 → Liquidity pools
🔸 3045 → Bearish bias invalidation
🔸 2880 → Final boss demand
🧠 Execution Tips
Let price come to you — snipers don’t chase.
Watch M1–M5 for CHoCH or clean PA shift.
Trade the setup, not your FOMO.
💬 Gold might throw tantrums, but your plan doesn’t have to.
📌 Important Notice!!!
The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your plan and wait for confirmation before taking action.
📣 If this strategy sparked clarity, hit that like button and follow.
Let’s build a community that doesn’t gamble — we execute.
No panic. No rush. Just structure, strategy, and savage entries. 💛
Gold fell100 points for 3 consecutive days Market trend analysisStop loss is always right, even if it is wrong; holding on is always wrong, even if it is right. Stop loss is unconditional! Without trading principles and trading discipline, all technology is equal to zero!
Spot gold fell by $212 in three days, and the bears shined. A while ago, we warned of the risks, but many people scoffed at it, thinking it was alarmist and that gold would not fall. The money earned by the bull market will definitely be lost with the principal and interest under the belief of the bull market. The three-day plunge in gold is enough to make many people return to the time before opening an account in three days!
The market staged a "holiday conspiracy theory" market, because the heat has reached, and it is facing the implementation of equal tariffs. The previous surge in gold is to buy expectations and sell facts. The bullish atmosphere is unprecedentedly high, and the main force can harvest it.
How arrogant the bulls of gold were at the beginning, how embarrassed they are now; the bears are far stronger than the bulls, the bulls cut meat with a blunt knife, and the bears cut the Gordian knot with a quick knife! Gold plunged $112 from 3167 to 3055 last Thursday, $120 from 3136 to 3016 on Thursday, and $100 from 3056 to 2056 yesterday, Monday. Last year, there were five days with a plunge of nearly or more than $100, and three consecutive days recently. Because the price is high, there will be more single-day plunges of 100 or more this year.
Yesterday, all three major U.S. stock indexes stopped falling at the lifeline of bulls and ushered in an oversold rebound. The panic decline of crude oil and silver was also alleviated. Silver stopped falling at the key support of bulls at 28-28.5. It shows that risk sentiment has been alleviated to a certain extent. Market risk sentiment has been released, and gold shorts also need to rest. The main force of gold has cultivated too many bulls from January to April 2025, and cultivated the bull market thinking of retail investors. It will definitely kill the bulls with the help of this round of sharp decline, and gold can start to rise again! In the medium term, the rebound correction is for a better decline. 2956-50 will be broken, and then 2930-2880 will be broken, and the ultimate 2830 will be broken. Today is the fourth day of the decline. The decline stopped at 2956 in the early morning, which is the previous high point. At present, the first round of gold decline in the short term has been in place. Many people panicked after three days of sharp decline. Those who bought the bottom dared not buy the bottom, and those who did not short should chase the short. The main force will continue to wash the market! Today, the correction rebound is mainly seen. The upper resistance focuses on 3000, then 3030-25 and yesterday's high 3045-55 area.
The focus of the day is 2956-60, and the short-term support is 2970-75. In theory, if you want to wash the market, wash it harder. 3000 can't stop it. Pay attention to the 3020-35 range, and even rush to yesterday's high area and then fall. Gold fluctuates by more than ten or dozens of dollars in 5 minutes. The article can only give ideas and areas. More specific strategies need to be given offline in combination with real trading. Orders must be strictly carried out with losses to prevent being stuck in the wrong direction. In an emotional market, watch more and do less!
In today's market:
1: In 4 hours, the stochastic indicator temporarily forms a small golden cross, but the strength and continuity of the golden cross are not shown; MACD double lines are downward, which is a bearish signal; the indicator is not a resonant bearish signal, so the 4-hour bias is corrected; in terms of form, it breaks the bottom and sets a new low, constantly pierces, and constantly rebounds. The support near the low of 2950 is effective here, and the back and forth piercing near 2970 is of little reference significance; the second decline is around 3050 and around 3020;
2: In the daily K, the stochastic indicator continues to cross, so the main high-altitude treatment is used; MACD double lines diverge, which is a bearish signal; the daily K is a resonant bearish signal, so the main idea of shorting at highs is used; the current central axis position is around 3010;
To sum up: the intraday short-term trend is around 2950 in 4 hours, and the decline rebounds; after the correction rebound, we continue to treat it as a high-altitude; several pressure positions 3 010-3020,
The second is around 3050, followed by around 3090; on the long side, the layout is in the range of 2955-2965; the large range is positioned in the range of 3050-2950
Strategy:
Short around 3015-17, defend 3024, target 3000-2990, the operation has been made and is not considered
Long around 2995-97, defend 299 0, the target 3000-3010-3030 has been entered and is no longer considered
Intraday short around 3030-40, defense 3045, target 3000--2980-2960-2930
Intraday secondary long around 2962-64, defense 2956, target 2975-2990
After falling below 2955, it will reach 2930 and 2880.
Gold----Sell near 3013, target 2980-2960Gold market analysis:
The gold market has been fluctuating a lot in the past few days because of the tariff issue, which has led to too much uncertainty in the market. Gold closed with a large tombstone candlestick pattern on the weekly line, which means that the top has appeared. Short-term buying is not as strong as those. Yesterday, gold hit a new low again. The daily cross star has a very long upper shadow. Today, we are more inclined to sell in the face of large fluctuations. Gold may continue yesterday's fluctuations. Today, we need to focus on finding the rhythm. It swings up and down by dozens of points. Buying and selling games are used to intercept the range. 3055 is already a new large suppression position. Today, 3055 is weak below. If it breaks, we will see a new buying momentum.
In the Asian session, we focus on the small suppression in the 3013-3016 area. This position is the bottom of yesterday's small shock. In addition, the indicator suppression position is 3008-3010. The Asian session is rising strongly. The 4H is expected to close with a big positive. You can decisively sell at the suppression position. Even if it breaks, there will be a large-scale retracement. If gold stands near 3016, it may return to the oscillation range of 3016-3055.
Suppression 3013-3016, strong pressure 3045 and 3055, support 2986, 2971, 2956, the strength and weakness dividing line of the market is 3000.
Fundamental analysis:
The US tariffs on the world are still brewing, which has also led to a sharp drop in global stock markets, and the market is not optimistic about expectations. Later this week, we will focus on the heavyweight CPI data.
Operation suggestions:
Gold----Sell near 3013, target 2980-2960
Gold's slow rise approaches key resistance! Follow 3020Early layout plan for gold: On Tuesday, the public strategy suggested shorting gold at 3015, which was perfectly hit again, and successfully obtained high-altitude profits. In the real market, short orders near 3014 were also arranged, and the market closed at 3000-2998, and then 14-16 points of profit were collected!
Gold technical analysis: On Monday, gold went long and short, and then rushed up and fell back! Yesterday, it was also mentioned that it was still a high-opening strategy, and then gold rebounded and plummeted in the evening; from a technical point of view, the previous gold daily chart encountered resistance near the historical important resistance level of 3135 and then went down, pulling out a big negative line, which is a strong message for the shorts! Although the current gold price is close to the lower track of the Bollinger band below, the shorts are still very strong.
But at present, our general direction is still bearish. In addition, according to the current 4-hour chart, gold formed a double top pattern correction in the early stage. Although the short-selling force is strong at present, the long-selling force is not weak. The slow rise and pullback in the early trading has some strength. The upper resistance is still around 3020, and the key pressure is above 3035!
Gold operation strategy: short around 3015-3020, defend the key resistance of 30-35, and target 2990-80!
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XAU/USD) Bearish analysis Read The ChaptianSMC Trading point update
This chart analysis of Gold (XAU/USD) on the 2-hour timeframe appears to be a bearish setup based on Smart Money Concepts (SMC). Here's a breakdown
Key Elements:
1. Price Channel Break & CHoCH:
The price was in a rising channel.
A clear Change of Character (CHoCH) occurred after the price broke below the structure, signaling a shift from bullish to bearish.
2. Fair Value Gap (FVG):
There's a bearish Fair Value Gap (FVG) highlighted in the yellow box around the 3,047–3,075 level.
The expectation is that price may retrace into this FVG before continuing downward.
Mr SMC Trading point
3. Target Zone:
A major demand zone or target point is marked around 2,940, indicating a potential bearish move of around -148 points (~4.8%) from the FVG.
4. EMA & RSI:
200 EMA is around 3,047, acting as dynamic resistance now.
RSI is below 40 and trending down, showing bearish momentum with slight bullish divergence, hinting at a short retracement before another drop.
---
Summary of the Idea:
Bias: Bearish
Trade Plan:
Wait for price to retrace into the FVG zone (~3,047–3,075).
Look for bearish confirmation (like bearish engulfing or rejections).
Enter short with a target at 2,940, stop above FVG.
Let me know if you’d like help formulating a trade setup or risk management plan based on this.
Pales support boost 🚀 analysis follow)
XAU/USD 08 April 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remains the same as analysis dated 04 April 2025.
Since last analysis price has printed a bearish CHoCH which is the first indication, but not confirmation of bearish pullback phase initiation.
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 3,187,835
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Price has printed as per yesterday's analysis by targeting weak internal low and printing a bearish iBOS.
Price has subsequently printed a bullish CHoCH (I mentioned in yesterday's analysis bullish iBOS in error) indicating bullish phase initiation.
Price is now trading within an established internal range and appears to be stuck in between close supply and demand zones where we could see extended rangebound conditions.
Intraday Expectation:
Price to continue bullish, react at either premium of internal 50% EQ, or M15 supply zone before targeting weak internal low priced at 2,956.565
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:
XAU/USD(20250408) Today's AnalysisToday's long-short boundary:
2997
Support and resistance levels:
3096
3059
3035
2960
2936
2899
Trading strategy:
If the price breaks through 2997, consider buying, the first target price is 3035
If the price breaks through 2960, consider selling, the first target price is 2936
Gold Analysis April 7The D1 candle on Friday clearly identified selling pressure and the amount of fomo pushed the price to 2972.
The H4 structure is still showing that the downward force will continue to be maintained when 3054 was rejected by the buyers.
Back to the trading plan The 3018 and 3035 border areas are considered sideways compression borders. If the price breaks 3018, wait for a retest and sell to 3003. If the US session breaks 3003, then push to 2955.
If the 3018 border remains strong, wait for a break of 3035 to BUY to the exchange price zone of 3054. BUY signals for short-term city and are considered to be against the trend at the moment. When the US session fails to break 3055, you can sell and hold long. If it breaks 3055, waiting for 3080 to sell will be safer than fomo to BUY against the trend.
gold buy signal. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade