XAUUSD Analysis: Why I’m Not Buying Gold at the Highs!Gold’s Rally: A Strategic Plan for the Next Buy Setup!
✨ Gold (XAUUSD) has experienced a strong rally recently, fueled by the stock market sell-off. However, I’m waiting for a better entry point rather than buying at the current highs, as price is trading at a premium. 📉 My focus is on a potential retracement on the daily and 4-hour timeframes, targeting a pullback into the swing low-to-high range. Specifically, I’m watching for price to return to the equilibrium zone around the 50% Fibonacci retracement level. 🔄 If price pulls back and we see a bullish break of market structure in this area, it could present a solid buying opportunity. Until then, patience is key! 🛠️
⚠️ This is not financial advice. Always trade responsibly and conduct your own analysis.
Xauusdanalysis
Gold (XAU/USD) – Rising Wedge Breakdown & Bearish SetupOverview
Gold (XAU/USD) has been in a strong uptrend, making consistent higher highs and higher lows. However, the price action has formed a Rising Wedge Pattern, which is typically a bearish reversal formation. This pattern suggests that the bullish momentum is weakening, and a potential sell-off could follow.
The recent breakdown of the wedge structure confirms the bearish bias, and sellers are now in control. Based on price action analysis, we can anticipate further downside movement toward key support levels.
📊 Technical Analysis – Rising Wedge Breakdown
1️⃣ Understanding the Rising Wedge Pattern
The Rising Wedge is a bearish pattern that occurs when the price consolidates within an upward-sloping channel but shows signs of exhaustion. Here’s how it developed:
Higher Highs & Higher Lows: The price consistently formed higher peaks and troughs, indicating an uptrend.
Declining Bullish Momentum: As the wedge progressed, price action became increasingly squeezed, showing reduced bullish strength.
Breakout Confirmation: Once the lower trendline of the wedge was breached, it confirmed that buyers were losing control and that sellers had stepped in.
2️⃣ Key Levels & Market Structure
🔵 Resistance Level: The upper boundary of the wedge around $3,150 - $3,163 acted as a supply zone, where sellers pushed prices lower.
🟠 Support Level: The lower boundary of the wedge, around $3,100 - $3,120, initially provided demand but eventually failed to hold.
🔻 Breakdown Confirmation: The price broke below the wedge, which is a strong bearish signal.
🎯 Trade Setup & Strategy
3️⃣ Bearish Trading Plan
Given the breakdown of the wedge pattern, the setup favors a short (sell) trade. Here’s how to approach it:
📉 Sell Entry:
The ideal short position is initiated after a confirmed break of the wedge’s support level.
📍 Stop Loss (SL):
A tight stop-loss is placed above the previous resistance at $3,163.67, ensuring risk is controlled if the trade goes against the bias.
🎯 Take Profit (TP) Targets:
TP 1: $3,080.66 – First major support level, where buyers might step in temporarily.
TP 2: $3,057.33 – Extended downside target, offering a greater risk-to-reward ratio.
4️⃣ Additional Price Expectations
Retest of the Wedge Breakdown: The price may pull back to the broken wedge support before continuing downward.
Stronger Bearish Momentum: If selling pressure remains strong, price could fall even lower, breaking TP 2.
Invalidation Level: If price climbs above $3,163, the wedge breakdown would be invalidated, signaling that bulls have regained control.
📌 Conclusion & Market Sentiment
🔹 Rising Wedge Breakdown Signals Further Downside – The market structure suggests that sellers are gaining control.
🔹 Sell Setup with Risk-Managed Approach – With a defined stop-loss and two profit targets, this trade offers a favorable risk-to-reward setup.
🔹 Gold’s Short-Term Bearish Outlook – The chart confirms a potential correction, and price may drop towards $3,080 and $3,057 if the bearish momentum continues.
📊 Final Thought:
This is a high-probability short trade based on classic technical analysis. Traders should monitor for confirmation retests and manage risk accordingly. ✅
Would you like any refinements or additional insights? 🚀
Gold ideas April 3rd📢 Market Insight of the Day:
Gold continues its moon mission 🚀, fueled by central banks stacking like it’s Black Friday shopping 🛒. Inflation? Still a headache 🤕. Geopolitical tensions? Still spicy 🌶️. The result? Gold remains the MVP of safe-haven assets 🏆.
But hold up—price has tapped major liquidity levels above $3,160 💰. Is this a clean breakout, or is NY about to pull its favorite trick 🃏—a liquidity sweep before a fresh rally? Trap or continuation? That’s today’s game. 🎮
Session Breakdown – How to Play This Plan Before NY
🌙 Asia Session (Now) 🏮
Expect slower movement unless China drops a surprise bombshell 📉💣 (economic data or gold hoarding spree).
If gold sweeps liquidity early, watch for rejections near $3,116 – $3,122 for potential scalp longs 🎯.
If price runs too high now, London might sell off first!
☀️ Frankfurt & London Sessions (Big Moves Start Here) 🇩🇪🇬🇧
This is where the real game begins! 🎮
London loves a fakeout—expect either a sweep of $3,116 before a pump 🚀 OR a stop hunt above $3,160 before a drop.
Buyers: Look for London to wick into our sniper zones before going up.
Sellers: If price spikes to $3,165+ in Frankfurt/London and struggles, short scalps are on the table 🎯.
🔥 NY Session (Final Boss)
By this point, liquidity has been taken somewhere, and NY will either continue trend OR completely reverse it.
If London pushed high, NY might sell off first. If London dumped, NY might pump.
The sniper plays in the plan are mostly for NY, but Frankfurt/London traders can catch setups earlier.
👑 Bottom Line:
Asia = Slow & Steady 🐢 (unless China flexes)
London = The Trap Session 🎭 (watch for fakeouts!)
NY = The Big Move 🎯 (final trend decision)
🎯 💎 High-Probability Trade Setups
🟢 🎯 Buy Setup 1 (Precision Long Play – Trend Continuation)
📍 Entry: $3,122 – $3,116 (OB + FVG demand zone 💰)
⚡ Trigger: M1/M5 CHoCH + bullish engulfing confirmation 📈
⛑️ SL: Below $3,110
🎯 TP1: $3,135
🎯 TP2: $3,150
🎯 TP3: $3,165
📌 Why?
✅ As long as price holds above $3,110, gold is still bullish 🐂.
✅ Order Block + FVG + liquidity grab = sniper confluence 🔥.
🟢 🎯 Buy Setup 2 (Deeper Discount Play – If NY Sweeps Lower Liquidity)
📍 Entry: $3,100 – $3,094 (Major demand zone 💰)
⚡ Trigger: M1/M5 bullish CHoCH or exhaustion wick 🕯️
⛑️ SL: Below $3,090
🎯 TP1: $3,116
🎯 TP2: $3,135
🎯 TP3: $3,150
📌 Why?
✅ Still bullish as long as we stay above $3,090 🚀.
✅ If price nukes below $3,090, don’t fight it 🚨—look for deeper entries.
🟥 🚨 Sell Setup (Liquidity Trap Short – Only If Price Gets Exhausted at Supply)
📍 Entry: $3,165 – $3,179 (HTF supply + liquidity grab zone 🚨)
⚡ Trigger: M5/M15 bearish CHoCH + exhaustion wick 🕯️
⛑️ SL: Above $3,182
🎯 TP1: $3,150
🎯 TP2: $3,135
🎯 TP3: $3,116
📌 Why?
✅ Confluence: Supply zone + liquidity sweep 💦 + exhaustion pattern.
✅ Short scalps only ⚡! If gold stays above $3,150, don’t be a perma-bear. 🐻❌
✅ 📌 Key Takeaways:
✔ Gold remains bullish above $3,100 – buy dips like a pro sniper 🎯, don’t FOMO into highs.
✔ If NY sweeps below $3,110, sniper long opportunities will be on fire 🔥.
✔ Sells are scalps only – favor longs unless $3,090 gets nuked. 💣
✔ NY session is a manipulation master 🎭 – stay patient, don’t chase!
📌 Important Notice!!!
The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your own plan and wait for confirmation before taking action.
Gold prices cool after tariff announcement⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) surged to a new all-time high during the Asian session on Thursday as investors flocked to safe-haven assets amid heightened risk aversion. Market sentiment took a sharp downturn after US President Donald Trump unveiled sweeping reciprocal tariffs on Wednesday evening, igniting fears of a global economic slowdown and a potential US recession.
The announcement triggered a broad sell-off in equity markets, reinforcing the risk-off mood and further fueling demand for gold as a traditional store of value.
⭐️Personal comments NOVA:
Gold hits 3167 peak, buying pressure gradually decreases. Adjustment waiting for new moves from other countries on Trump's tariff policy
⭐️SET UP GOLD PRICE:
🔥 SELL 3165 - 3168 SL 3172
TP1: $3160
TP2: $3150
TP3: $3140
🔥BUY GOLD zone: $3108 - $3110 SL $3103
TP1: $3115
TP2: $3130
TP3: $3140
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
Gold Price Analysis April 2The D1 candle has a red candle and the selling pressure has started to take profit of Gold but it is still unclear.
The most recent H4 candle cluster shows 2 important price zones 3135 and 3108. Breaking this boundary will form a new trend.
Trading plan: Gold pushes to 3108 and does not break this zone in the European session, then BUY GOLD to 3124. At the end of the European session, if it breaks 3124, then keep the order to 3135 and 3164 in the US session if it breaks the resistance. If it breaks 3108, do not buy anymore but wait for Sell Break out 3108, target day 3084, pay attention to the price reaction at 3100 (resistance of last night's session). If 3100 is broken, then SELL DCA, not BUY at 3100. Scenario 2: Price does not return to 3108 first but to 3124 in the European session. If it is not broken, then SELL 3124 to 3108 and breaks the 3108 area in the US session, then the TP scenario is the same as scenario 1. If 3124 is broken, then 3135 waits for a breakout when it breaks, it will be better to SELL down today. (Note the SELL scalp point around 3142)
The tariff hammer helps bulls rise stronglyTechnical analysis of gold: Affected by fundamentals, gold rose sharply again. The daily line finally closed in the positive zone and maintained a strong high at the opening. Pay attention to the upper and lower support of 3148 during the day. If it holds, it will have the momentum to continue to rise. The 4H cycle will strongly break through the upper Bollinger Band. , moving higher around the moving average support, there is no doubt that it is strongly bullish. At the same time, the middle rail has recovered, and the middle rail is still a key watershed. The lower support is around 3148 and 3138. We will go long according to the strength of the decline during the day, and then gradually look at 3170 and 3200!
Operation suggestion: Gold is long near 3138-40, stop loss at 3130, and look at 3150 and 3170!
Trading discipline: 1. Don't blindly follow the trend: Don't be swayed by market sentiment and other people's opinions. Operate according to your own operation plan. Market information is complicated and blindly following the trend is easy to fall into the dilemma of chasing ups and downs.
2. The market is changing rapidly. There is no general who always wins in this market. Therefore, it is important for us to make corresponding adjustments according to market changes. We must do a good job of protection. There will always be some ups and downs in the market, but there will be a rainbow after the rain. We must not forget our original intention and forge ahead.
Gold reverses sharply after Trump's tax announcementThe world gold price has reversed sharply because the global market has just received information last night (Hanoi time) that US President Donald Trump has just signed an executive order to impose taxes on all goods imported into the US, many countries will have to pay high taxes of up to tens of percent.
Specifically, the UK, Brazil, Singapore will be subject to a 10% tax. The European Union, Malaysia, Japan, South Korea, and India will be subject to 20-26%. China, Thailand, and Vietnam are among the countries subject to the highest tax rates, at 34%, 36%, and 46%, respectively. The highest is Cambodia, which will be subject to a tax rate of up to 49%. This tax rate will be applied from April 9. In addition, Mr. Trump said that a 10% import tax will be applied to all goods imported into the US from April 5.
Mr. Trump said that every year the US loses 1,200 billion USD due to the trade deficit due to 3,000 billion USD of imported goods.
After this information, the global financial market was shaken, in which the US stock market had a strong decline, losing from more than 1% to more than 2%. On the contrary, gold - an asset that ensures capital safety in case of risk - has benefited from a strong increase in price.
Many experts commented that the Trump government's tariff policy has increased global trade tensions. Previously, the US imposed tariffs on some goods from Canada, Europe and China, aluminum and steel. These countries have responded to the tariffs on the US.
GOLD - where is current support ? What's next??#GOLD... perfect move as per our discussion and now market again at his current support (that was our resistance )
Keep close the supporting region and if market holds then we can expect a further rise towarss next resistance areas.
Good luck
Trade wisely
The long-short sweep may still explodeThe tariffs were also successfully implemented. In response, the market bulls and bears also responded strongly. After all, the 3105-3142 area rose and fell in seconds, which was a terrifying market. Of course, to be honest, this wave of turbulence was mostly caused by institutions. After all, the market smashing was also extremely strong. However, I don’t agree with the impact of the tariffs implemented last night. First of all, looking back at the market situation, Trump said that tariffs would be imposed on many countries, which actually meant a 20% retaliatory tariff on the European Union. As for some other countries, only a 10% general levy was implemented, which relatively resulted in an unequal tariff situation. Of course, Trump also reiterated that Canada and Mexico still have tariff exemptions in a limited range of goods. So what impact will this situation have on the bulls and bears of gold? To be honest, personally, I have undoubtedly overestimated the announcement of this tariff. In other words, the implementation of this tariff is a bit insufficient in my eyes. After all, I expected that Trump would make major changes in his previous speech. As a result, it is a significant reduction compared to his previous years in office. This has also limited the outbreak of risk aversion. Of course, trade risks definitely exist, but through the matter of adding Mexico, this is completely negotiable. For this tariff event, I don’t think there is a big risk stimulus. Of course, the key is to see whether the market buys it. If the market thinks it will stimulate long-term risk aversion, then it will inevitably be pushed up by buying. However, the intensity of yesterday’s tariffs was not strong in my opinion. This may also limit the outbreak of longs to a certain extent. After all, the market’s expectations for it were too strong in the early stage, which also led to the early rise of longs, which also included the digestion of news. For this, you still need to be cautious.
Then looking back at the current market, the tariffs have been implemented, and in a blink of an eye, we will also welcome the announcement of non-agricultural data. As far as the current market is concerned, the various US economic data have also improved relatively. After all, the substantial growth of ADP has undoubtedly dispelled the rumors of economic downturn. After all, the warming of the labor market undoubtedly reflects the warming of the US economy. Under the influence of tariffs, it has indeed boosted the US economy. Of course, the impact of the data is not just that. The current remarks about the slowdown in inflation are self-defeating. Due to the implementation of tariffs, inflation is likely to rise further. This directly hits the Fed's expectations of a rate cut, and the warming of the labor market has further limited the possibility of the Fed implementing a rate cut. In this regard, no matter what the final result of the market outlook is, based on the current situation, I personally think that it is really difficult for the Fed to implement a rate cut this year, which has also led to a reduction in the momentum of gold bulls. Moreover, if this situation continues, the Fed does not rule out the possibility of being forced to implement a rate hike. Although Trump is also calling on the Fed to cut interest rates, the fact is that it cannot be implemented at present, unless the US talks with other countries again during this period to discuss a reduction, as it did with Canada and Mexico. Otherwise, as time goes by, as the tariff issue intensifies, inflation will be restricted, thus affecting the implementation of the Fed's policy. At this time, you can pay more attention to the market dynamics.
So for today, although gold is currently stimulated to rise, I don't quite agree with the emergence of new highs for gold bulls. To put it bluntly, for now, even if a new high appears, gold breaks through 3160, which is more of a possibility of inducing more. I am not saying that I am blindly bearish, but you have actually seen that gold is blocked at a high level, and the momentum of falling back is also extremely strong, especially gold started three consecutive positives last Friday, and as of Tuesday this week, it stopped falling near the highest point of 3149. The bull outbreak is already facing exhaustion. Even if the bulls rise again today, where can they rise, to 3200? Then what? You should know that it is cold at the top. Unless there is absolute bullish momentum to support gold to continue to rise, there will be a peak at any time. The short space is still large, just waiting for an opportunity. In particular, the sharp increase in ADP has led to the market betting on the negative non-agricultural data. Once gold is blocked from rising, it will inevitably collapse in an instant. Especially when this kind of news stimulates gold to rise, retail investors in the market will not consider its fundamentals. They will only think that interest rate cuts are absolutely good for bulls and the implementation of tariffs is absolutely good for bulls, which will lead to buying. This is also a chance for institutions to snipe bulls. For this, for today and tomorrow, even if gold breaks a new high, you should not blindly follow the trend. Remember to guard against the possibility of a resurgence of shorts. In this regard, I personally prefer the possibility of shorts looking back at the possibility of breaking 3100 and falling to 3080-3050. You can be cautious about this.
As for today's opening, gold opened high at 3141, and encountered a flash crash at 3128 at the opening, and then rebounded to 3139 and then flash crashed to 3123. This performance can be said to be extremely strong. In this case, I certainly cannot notify the operation. After all, the fluctuation is too fast. With a quote every second, even if you give an order, you may not be able to enter the market in time. For this, you still need to wait for the market to calm down. As for today's market, the fluctuation may be relatively strong. You can wait and see and be cautious. As for the specific operation details, I will give them in real time. Remember to strictly follow my requirements to control the position and stop loss.
XAUUSD Daily Trading Plan for April 3, 2025🧠 Smart Money Concepts x Fundamental Flow
Despite negative USD news (ADP & ISM) and Trump’s hawkish blurbs, Gold didn’t pop aggressively — it wicked up into premium supply, then quickly retraced. That’s a liquidity game, not a trend change (yet). Still bullish bias overall, but intraday looks mixed.
🧭 Bigger Picture – D1/H4
Price rejected strongly from the premium supply zone near 3144–3147, leaving a clear wick with imbalance underneath.
Bullish structure remains valid, but we're seeing a potential distribution pattern short-term.
Trendline liquidity & HLs are stacking up below, ideal for a grab.
🟩 Demand zones of interest:
3107–3115 (discount zone, strong reaction in prior sessions)
3086–3092 (last known rally base)
📌 Key Zones
🔵 Premium supply: 3144–3147
🟡 Buyside liquidity: 3147–3155
🟦 Sellside liquidity grab zone: 3107–3115
🟢 Strong demand: 3086–3092
🔴 Major liquidity draw: 3180 zone (untouched weekly magnet)
🧩 SCENARIO 1 – 🐂 “Power of Discount” Buy Setup
“When in doubt, hunt the imbalance out.”
Price dips toward 3115–3107, taps imbalance + OB, shows M5/MS shift
Confirmation + sniper long
TP1: 3142 (last high), TP2: 3180 if momentum kicks in
🎯 Confluences:
Discount OB zone + unfilled imbalance
Trendline tap + BOS + liquidity grab
Weak DXY context
🧩 SCENARIO 2 – 🐂 Trap, Swipe & Rally Buy
Deep sweep to 3086 zone
Reversal signs after stop hunt / equal low grab
Entry on CHoCH or breaker retest (M15 or M5)
TP1: 3140, TP2: 3180
💡 This is the “maximum pain = maximum profit” play.
🧩 SCENARIO 3 – 🐻 Premium Rejection Intraday Sell
“Supply hits, market flips.”
Price tests 3144–3147 again in early session
No BOS on M5, shows weakness (M5/M15 LH + CHoCH)
Sell into imbalance zones
TP1: 3127, TP2: 3110
⚠️ Only take this if we don’t break above 3147. Watch liquidity wicks!
🧩 SCENARIO 4 – 🐻 Fake Pump & Dump
Price spikes through PDH, into 3155–3160
Quick rejection (news-induced spike or algo trap)
Sell setup on lower TF reversal after liquidity sweep
TP to 3115 zone
🎭 A classic “grab & go” trap. Great RR but needs discipline.
📰 Macro Watch – April 3, 2025
Fed speakers are lining up — watch for dollar volatility 👀
China PMI during Asia could boost metals
DXY might stay weak → keep gold supported
Gold is at ATH regions = more manipulation + fakeouts!
Gold Market and the Impact of Trump’s Tariff PolicyGold prices hit a new all-time high as investors seek safe haven assets amid growing uncertainty in the global economy. After several rounds of market turmoil, investors have recovered somewhat in Asian markets this week. In the coming week, the focus will be on the reciprocal tariff plan that Trump will announce on April 2. If Trump decides to take tough measures and implement high tariffs across the board, it may have a big impact on the market. However, if there is some relaxation of tariff policies, such as tax exemptions for specific countries, then the market may have a chance to rebound.
Trump was proud of Wall Street's record highs during his first term, but now seems to be less concerned about the stock market and more focused on the adjustment of overall economic policies. I think this may be the time to make structural changes to the US economy, although these adjustments may bring challenges in the short term, but the hope is that the economy will recover before the mid-term elections next year.
In addition, Asian stock markets have also been affected by volatility, especially the automotive industries in Japan and South Korea are under pressure. The automotive manufacturing industries in these countries face the challenge of change due to the upcoming 25% tariffs. Investors are full of doubts about Trump's tariff policy, and market sentiment is cautious, and all parties are waiting for the policy announcement on April 2.
In short, although the market has rebounded in the short term, future trends still need to focus on Trump’s tariff decisions and their potential impact on the global economy.
Gold fluctuates sideways at a high level and seesaws!The 1-hour moving average of gold has gradually begun to show signs of turning around. The 1-hour moving average of gold is also a head and shoulders top pattern. Even if it pulls back and forth again, gold will continue to fluctuate in a large range. There will be more data in the second half of this week, and there will also be important event news. Therefore, gold still needs to wait for news or data to let gold go out in a new round of direction. Gold did not break through the intraday high, so our US market will continue to be high and empty.
Today's gold short-term operation ideas suggest that rebounding is the main focus, and callbacks are supplemented by longs. The upper short-term focus is on the first-line resistance of 3138-3140, and the lower short-term focus is on the 3100-3110 first-line support.
Short position strategy:
Strategy 1: Short 20% of the position in batches when gold rebounds to around 3138-3140, stop loss 6 points, target around 3120-3110, break to see 3100 line;
Long position strategy:
Strategy 2: Long 20% of the position in batches when gold pulls back to around 3100-3103, stop loss 6 points, target around 3110-3120, break to see 3130 line;
Gold suppresses the fall and shorts make big profitsYesterday, gold fell under pressure at 3150 and then tested the 3100 mark again in the evening, breaking the previous trend line that had been rising for several days. The market gradually slowed down from strong bullish trend, and the daily line turned negative.
Don’t expect the market to turn to bearish and fall sharply at this point. The long-short conversion needs time to brew, and now it is still a bullish trend, so the probability of forming a volatile trend here is relatively high, with a range of 3138-3100. Only when it breaks below 3100 can we see the market turning to bearish.
If the daily line is just a single negative correction, it will not change the overall upward trend. It depends on whether it can continue to close negative today.
If the European session suppresses the decline and weakens, then the third test of 3100 may break.
If the European session continues to strengthen and break through 3138, it will also hit the high point of 3148-3149
What impact will the implementation of gold tariffs have?As expected, gold fell below yesterday's low of 3124 support and came all the way to 3100. I have been emphasizing that gold will have a large retracement, but the current decline is far from enough and gold will continue to decline. The 1-hour moving average of gold has begun to turn downward, and gold may open up room for decline. The 1-hour gold moving average has now formed a head and shoulders top structure. The rebound will continue to be short. The market has weakened. Gold has tested the 3100 mark for the first time and has not yet broken it, but the direction of the market has turned short. If it does not break the first time, I believe there will be a second test in the future. Then the bearish situation has been finalized, and long positions have to be put aside for now, because it is a bearish market now. Gold can continue to be short after the rebound. Pay attention to the upper pressure level of 3128, and you can go short directly after it rebounds!
Today's short-term operation strategy for gold is to short on rebounds and long on pullbacks. The short-term focus on the upper side is the 3138-3130 line of resistance, and the short-term focus on the lower side is the 3100-3083 line of support.
Short position strategy:
Strategy 1: Short 20% of the gold position in batches when it rebounds to around 3128-3130, stop loss 6 points, target around 3110-3100, break to see 3085 line;
Long position strategy:
Strategy 2: Long 20% of the gold position in batches when it pulls back to around 3083-3085, stop loss 6 points, target around 3100-3110, break to see 3120 line;
Regional shocks, friends holding positions should pay attention!Technical analysis of gold: Gold first rose and then fell, but the subsequent rebound was indeed quite strong, exceeding our expectations. Gold fell into a large range of fluctuations, which added a certain degree of difficulty to the operation. Although gold rebounded beyond expectations, it still did not break through today's high point, so it is still under pressure in the range of the head and shoulders top pattern. At most, it is still a shock, and there is no need to think about whether it will rise sharply.
The 1-hour moving average of gold has gradually begun to show signs of turning, and the 1-hour gold is also a head and shoulders top pattern. Even if it is pulled back and forth again, gold will continue to fluctuate in a large range. There are more data in the second half of this week, and there are also important events. So gold still needs to wait for news or data to let gold go out of a new round of direction. If gold does not break through the intraday high, we will continue to focus on high altitude. Retracement is supplemented by long positions.
Gold operation strategy: short gold when it rebounds to 3130-3035, stop loss at 3140, target 3120-3110; long gold when it falls back to 3110-3100, target 3120-3130.
Trading discipline: 1. Don't blindly follow the trend: Don't be swayed by market sentiment and other people's opinions, operate according to your own operation plan. Market information is complicated and blindly following the trend can easily lead to the dilemma of chasing ups and downs.
2. In gold trading, we will continue to pay attention to news and technical changes, inform us in time if there are any changes, strictly implement trading strategies and trading disciplines, move forward steadily in the volatile market, and achieve stable asset appreciation.
Online real-time guidance on gold trendsGold went up in the early trading, but the price fell again after rising to 3135. The fluctuation range of European trading narrowed. ADP employment data exceeded expectations. The market failed to break out of the trend. The current market is in the range of 3135-3109. The market is waiting for the details of the reciprocal tariffs and industry-specific tariffs to be announced at 3 am. The tariff policy announced by Trump is expected to have an adverse impact on the global economy, especially the United States. The current structure of gold is still bullish. After the correction, continue to go long at the key support level.
At the 4-hour level, the current market is shrinking and oscillating at a high level. The K-line is running above the middle track, and the oscillating and strong trend is maintained above the middle track. Focus on the 3100 support break. Only when it breaks below 3100 will the downward space be opened. There can be more at 3080-3060 below, and only when it stands above 3135 can it further hit a new high. Before the data, continue to see range oscillation, the small range is 3110-3135, and the large range is 3100-3150. In the short term, you can quickly enter and exit in the small range with high altitude and low long.
Navigating the Range Ahead of Tariffs Announcement📢 News 📢
President Trump is set to announce new tariffs today, April 2, 2025, at 4 p.m. Eastern Time. This initiative, dubbed "Liberation Day," aims to boost U.S. manufacturing by targeting imports like autos, steel, and pharmaceuticals. 📦💊 However, economists warn that these measures could lead to higher consumer costs and disrupt trade relations. 📉💹
This news might influence market sentiment and could have implications for gold trading. Keep an eye on how the market reacts! 📈💰
📊XAUUSD 1H Analysis (Current Situation)
Market Structure:
The market is in a clear bullish trend with strong momentum from the previous sessions.
Recent price action shows consolidation near 3,132, suggesting a potential liquidity build-up.
There is a higher high formation, but rejection from the supply zone around 3,139 - 3,150.
Key Technical Zones & Confluences:
Supply Zone / Potential Sell Area:
3,139 - 3,150: If price reacts with strong rejections here, a potential short opportunity may emerge.
3,165 - 3,182: If price breaks above 3,150, this is the next key resistance area.
Demand Zone / Potential Buy Areas:
3,110 - Strong Rejection Zone: If price pulls back here and finds bullish confirmations (e.g., bullish engulfing, liquidity grab), a long entry could be valid.
3,092 - 3,075 Potential Buy Zone: A deeper retracement into this level could provide a sniper entry opportunity.
🔴 Sell Setup
Entry Zone: $3,133 - $3,135
SL: Above $3,138 (tight protection)
TP1: $3,128 (first reaction)
TP2: $3,117 (liquidity zone)
TP3: $3,103 (full move)
📌 Reasoning:
Mid-range premium pricing (not at extreme highs but still valid)
Multiple rejections in this zone (potential shift in order flow)
Possible short-term retrace before continuation
🔴 Sell Idea
Entry Zone: $3,145 - $3,150
SL: Above $3,153 (small wick safety)
TP1: $3,132 (reaction level)
TP2: $3,128 (stronger demand)
TP3: $3,117 (full imbalance fill)
📌 Reasoning:
Liquidity grab potential above $3,145
Imbalance & order block confluence
Possible rejection from premium supply
🟢 Buy idea
Entry Zone: $3,094 - $3,089
Stop Loss (SL): Below $3,085
Take Profit (TP) Levels:
TP1: $3,117
TP2: $3,128
TP3: $3,150
📌 Reasoning:
Unmitigated demand zone
Imbalance around $3,094 suggests a reaction
Strong liquidity pockets nearby
📌 Important Notice!!!
The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your own plan and wait for confirmation before taking action.
Gold's trend has too many friendsThere’s a well-known saying in trading: “The trend is your friend.”
I firmly believe in this principle. However, when price movements become too extreme—too fast and too far—it’s wise to exercise caution, even if you’re not ready to take the opposite side of the trade.
And right now, I believe that’s exactly the case with Gold.
________________________________________
Why a Major Gold Correction is Likely
As I’ve been repeating like a broken record since Monday, Gold’s price is severely deviated from the mean, signaling that a brutal correction is on the horizon.
After reaching a new all-time high of 3,150, Gold retraced yesterday, dropping to 3,100—a support level formed earlier in the week. A rebound followed, but as I’ve explained in an educational article, this price action looks more like a stepwise distribution rather than true buying strength.
The key point?
➡️ Support isn’t holding because buyers are stepping in—it’s holding because big sellers have paused selling.
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Still Bullish, But a Drop is Coming
There’s no doubt that Gold is in a strong uptrend. But even if it drops 1,000 pips, the overall bullish trend would still be intact.
Key Technical Signs of Weakness
📉 Trendline Break – Yesterday, Gold broke below the rising trendline, marking the first sign of weakness.
📉 Failed Rebound – Despite a short-term bounce, the price is now more likely confirming the break rather than invalidating it.
📉 Lower High in Progress? – The next minor support sits at 3,120. If Gold breaks below this level, we’ll have confirmation of a lower high, which strengthens the bearish case.
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Targeting the Correction
If Gold breaks below 3,120, I expect a move below 3,100, targeting:
🎯 Soft target: 3,080
🎯 Likely target: 3,030 – 3,040
I believe it’s only a matter of time before this brutal correction plays out.
Let’s see how it unfolds! 🚀
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
XAUUSD Head & Shoulders Breakdown – Bearish Target Ahead?This chart represents a detailed technical analysis of Gold Spot (XAU/USD) on the 1-hour timeframe with a structured trade setup based on a Head and Shoulders (H&S) reversal pattern. Below is an in-depth explanation of the chart components, price action, and trade strategy.
1️⃣ Key Chart Patterns and Analysis
A. Head and Shoulders Pattern (Bearish Reversal)
This is a well-known bearish reversal pattern that signals a potential trend change from bullish to bearish. It consists of three peaks:
Left Shoulder: A rise followed by a temporary pullback.
Head: The highest peak in the pattern, showing strong buying pressure before reversal.
Right Shoulder: A smaller rise compared to the head, indicating weakening bullish momentum.
B. Neckline (Support Level) and Breakdown Confirmation
The neckline (horizontal support level) is drawn across the lowest points between the shoulders.
A break below the neckline confirms the reversal, triggering a bearish move.
The chart suggests price is at the neckline zone, preparing for a breakdown.
2️⃣ Trendline and Support/Resistance Analysis
A. Uptrend Trendline Break
The price was following a strong ascending trendline (dotted black line).
A trendline breakout has occurred, indicating potential trend reversal.
This supports the bearish bias further.
B. Resistance and Support Levels
Resistance Level: Marked at the top of the Head region, which aligns with previous price rejection zones.
Support Levels:
First support (TP1 - 3,053.269): This is the first potential take profit level.
Second support (TP2 - 3,030.556): The next target if price continues downward.
3️⃣ Trade Setup & Risk Management
A. Entry Point (Short Position)
Sell (Short) after the neckline breakout, ensuring bearish momentum is confirmed.
B. Take Profit (TP) Targets
TP1: 3,053.269 (Initial support target).
TP2: 3,030.556 (Stronger support zone, deeper profit target).
C. Stop Loss Placement
Stop Loss: 3,150.726 (Above the resistance zone).
This is a logical stop-loss placement, allowing price fluctuations without prematurely stopping the trade.
4️⃣ Overall Market Sentiment & Trade Bias
Bearish Bias: Due to the formation of the Head and Shoulders pattern, trendline breakout, and weakening bullish momentum.
Confirmation Needed: A strong bearish close below the neckline increases probability of downward continuation.
5️⃣ Final Thought – A High-Probability Trade Setup
If neckline breaks, the trade is valid with potential for a 3%+ downside move.
If price holds above the neckline, the pattern may fail, leading to reconsidering trade execution.
This structured risk-managed approach ensures a strategic entry, controlled risk, and maximized profit potential. 📉🔥 Let me know if you need further refinements! 🚀
XAUUSD:Short at highs primarily, long on pullbacks secondarilyThe 4-hour chart shows that the short-term moving averages of gold are converging, and the lower shadows of the K-lines appear frequently. The downward momentum is weakening, which may indicate a technical correction after a period of sideways consolidation, and there is a possibility of a second upward pull.
The hourly chart shows that the price range is narrowing, and the technical pattern is gradually being adjusted into place. Currently, the upper resistance levels are between 3137 and 3142, and the lower support levels are between 3111 and 3107.
In terms of trading operations, I suggests mainly taking short positions near the end of the trading session, with going long on the pullback as a secondary strategy.
XAUUSD Trading Strategy:
sell@3130-3135
TP:3120-3110
buy@3110-3115
TP:3125-3130
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