Gold continues to trade sideways above the 3200 area
📌 Driving factors
The United States and China announced on Monday a 90-day suspension of tariff increases. According to statements made after the Geneva talks last weekend, the United States will reduce tariffs on Chinese imports from 145% to 30%, while China will reduce tariffs on US imports from 125% to 10%.
Meanwhile, on the geopolitical front, Russia and Ukraine are preparing for their first high-level face-to-face talks since 2022, scheduled to take place in Istanbul this week. The talks come as the international community is increasingly pressuring Moscow to accept a 30-day ceasefire. U.S. Secretary of State Marco Rubio and special envoys Steve Witkov and Keith Kellogg are expected to represent the United States in the talks.
Gold prices rebounded on Tuesday, driven by bargain hunting, while weaker-than-expected U.S. inflation data released that day also helped gold prices rise. However, trade optimism limited the strength of gold's rebound.
📊Comment Analysis
In the accumulation price zone, the gold price is sideways around 3200-3270, and the buyers and sellers are balanced
💰Strategy Package
🔥Selling gold area: 3282-3284 SL 3289
TP1: $3270
TP2: $3260
TP3: $3250
🔥Buying gold area: $3167-$3165 SL $3160
TP1: $3178
TP2: $3189
TP3: $3200!
Labaron believes
Guaranteeing the principal is the bottom line for survival, controlling risks is the armor for survival, earning profits is a stage medal, and long-term stable and continuous profits are the only proof that can finally stand up from the sea of corpses and blood.
Goldpriceaction
Gold fluctuates repeatedly and is expected to fall below 3,200
📌 Driving factors
The U.S. Department of Labor's Bureau of Labor Statistics announced on Tuesday that the U.S. Consumer Price Index (CPI) rose 0.2% month-on-month in April, lower than the 0.3% expected by economists. However, analysts warned that inflation may rise as tariffs gradually push up commodity prices.
The United States and China announced on Monday that they would suspend tariffs for 90 days. According to the statement made by both sides after the Geneva talks last weekend, the United States will reduce tariffs on Chinese imports from 145% to 30%, and China will reduce tariffs on U.S. imports from 125% to 10%.
Driven by bargain hunting, gold prices rebounded on Tuesday, and the weaker-than-expected U.S. inflation data released that day also helped gold prices rise. However, trade optimism limits the strength of gold's rebound.
📊Commentary and analysis
Gold fell and then rose yesterday, and the final rebound stopped at 3,266. The trend is in line with our bearish expectations. As for the repeated fluctuations in the market, it is just a futile effort! Yesterday, due to the influence of the US CPI data, although gold rose in the short term, it was still under pressure and weakened. Today, the Asian session continued to fall in the early trading. As the support position near 3210 points is approaching, aggressive shorting is no longer appropriate!
In terms of trend, the 4-hour level trend of gold is still under pressure. Yesterday, it was under pressure at the 3260 line, and then the market fell back. Recently, it has maintained a trend of continuously moving down lows, and the rebound highs are gradually decreasing. It can be seen that the bulls are less willing to attack, which is different from the previous surge. Gold adjustment has become inevitable.
💰Strategy Package
Rebound short: short near 3265, stop loss 3269, target near 3220!
Labaron believes that
Guaranteeing the principal is the bottom line for survival, controlling risks is the armor for survival, earning income is a stage medal, and long-term stable and continuous profit is the only certificate to finally stand up from the sea of corpses and blood.
Gold fluctuates. When will a new trend start?China and the United States reached a 90-day ceasefire agreement, and the price of gold returned to 3,200 from 3,400 US dollars. All traders are staring at the support level of 3,200 US dollars, and are very worried about whether it can withstand pressure; it will fall to a larger level, resulting in no trading opportunities for gold positions.
I think your concerns are normal, and market fluctuations are also normal. There is no market that only rises and never falls; even in the bull market, there will be periodic adjustments.
Next, the focus is on the maturity of US Treasury bonds in June. The impact of trade conflicts will soon be forgotten by the market; US CPI inflation continued to decline in April, from 2.4% in the early stage to 2.3%, getting closer and closer to the Fed's ultimate goal of 2%, which means that the Fed will soon have to restart the interest rate cut plan.
Once the US Treasury bonds mature and default or trigger panic, or if Fed Chairman Powell reveals his intention to cut interest rates, gold will rise rapidly and may reach a high point within 1-2 days.
Okay, everyone; you need to understand the basic situation, but the most important thing is the operation strategy during the Asian trading session.
I think you can first test the long strategy around $3225, with a stop loss below 3215 and a profit in the rebound range of $3340-3360.
Man, excessive worrying will not help; if you can't accept short-term volatility trading, you can wait and see and stay calm.
GOLD (XAUUSD) – Market Update & Daily Plan – May 13, 2025🔹 Bias: Intraday bullish (HL forming)
🔹 Context: Price is reacting from the 3215–3228 zone (OB + discount) after confirming CHoCH at 3284.
We’re in a retracement phase — next move could target 3240–3280 if structure holds.
🔵 BUY ZONES (reaction areas, not sniper):
3215–3228
✅ Confirmed H4 OB
✅ Discount zone + EMA200 confluence on H1
✅ HL structure still valid
📌 If price retests with bullish confirmation → long toward 3240+ remains valid
3175–3195
🔵 Strong H4 demand zone
📌 Only if 3215 fails — last area to defend the bullish bias
Wait for structure to hold — don’t panic buy into weakness
🔴 SELL ZONES (broad reaction areas):
3285–3300
🔺 Previous high + unfilled FVG
🔺 Potential inducement zone before rejection
📌 If price rallies fast, watch for rejection — solid area for short pullbacks
3340–3355
🔺 Strong H4/D1 supply
🔺 Untested premium OB
📌 Only valid if price breaks above 3300 — aggressive short if NY overextends
🧠 Summary:
We’re in a bullish retracement.
If 3215 holds → price may push toward 3280+.
If that fails → 3175–3195 is the final defense zone before larger structure shifts.
Sell zones are reactive — wait for signals, don’t jump in early.
💬 Stay calm, stay patient. Don’t trade the zones — trade the reaction.
🔔 Final Thoughts for Tuesday
The levels are marked. The structure is clear.
Now it’s up to you to stay calm and let price do the talking.
We don’t chase moves — we let the market knock on our zones.
📍 Whether you're buying from discount or selling from premium — let logic lead, not FOMO.
And remember: structure doesn’t lie... but your emotions might.
💬 Got questions? Drop them — this is a team effort.
Let’s stay sharp, focused, and prepared.
See you on the charts,
— GoldFxMinds 🧠⚔️
Gold Price ActionHello everyone,
As you can see, I've marked a fresh Supply Zone along with a Volume observation. Notice how price is rising while volume is falling — this typically indicates a lack of buying interest or that buyers are stepping back.
From here, we could see two possible scenarios:
Price rejects the supply zone and begins to drop
Price breaks above the zone, signaling a potential continuation to the upside
⚠️ Don't forget: CPI news is scheduled for today, so be extra cautious.
Make sure you manage your risk, trade smart, and stay focused.
Wishing you all the best — happy trading! 📊💼
Gold rebound is a good time to shortGold has been in a volatile state since the opening today, opening at 3236 and reaching a high of 3243. It is currently fluctuating in the form of shocks. With the comprehensive ceasefire between India and Pakistan and the peace talks in the Sino-US tariff war, gold will still be in a downward trend. Although it is in a downward trend, we should not chase the short position directly. We can just treat the rebound as shorting. The main trend is still to short on the rebound. After all, the general trend is bearish.
In the 4-hour chart, the weak stage is oscillating downwards, and the resistance of the middle rail has moved down to the 3300 mark. At the same time, there is still a gap to be filled, and it is currently in shock above the neckline. There are two differentiated moves here. One is to go sideways and weakly consolidate and then directly break the neckline of 3200 and go for in-depth adjustments. The other is to rebound above 3200 to correct and build momentum, forming a wave of poised to break low. One is weak consolidation to break low, and the other is poised to break low. Overall, it is optimistic that the market will break through the low of 3200, but it reflects the various changes in the short-term form. The upper 3250-3260 range has gathered intensive trading resistance, forming short-term strong pressure. In short-term operation, first go short on rallies below 3260, and first look at the profit from this wave of correction! Next, we will look at the previous low support of 3200. If the position is broken, we will continue to see the downward continuation. If the position is not broken, we will place long orders on the backhand. At that time, we will choose the opportunity to lay out the long-term plan based on the support of 3200. On the whole, today's short-term operation strategy for gold is to short on rebounds and long on pullbacks. The upper short-term focus is on the 3248-3252 resistance line, and the lower short-term focus is on the 3200-3160 support line.
Gold operation suggestion: short gold near 3245-3255, target around 3220-3210. Gold will go long when it pulls back around 3210-3200, with the target around 3230-3250.
Tariff easing has just begun
📌 Driving factors
The historic easing of tariffs between China and the United States, the imminent peace talks between Russia and Ukraine, the ceasefire between India and Pakistan, and the market's pricing of geopolitical risks have obviously cooled down, which has further shrunk the demand for gold as a regional safe-haven tool. The situation in the Middle East is complicated, and it is necessary to monitor the latest developments in real time, focus on the latest developments in the follow-up news, and adjust strategies in real time.
📊Comment analysis
In the Asian session, gold is concerned about the upper resistance at $3,250 today. The rebound relies on the resistance below to continue shorting. The lower point is $3,207. If it falls below, it will be $3,150. For specific operations, please pay attention to the free channel.
💰Strategy Package
Long position:
Actively participate at 3200 points, with a profit target of around 3230 points
Short position:
Actively participate at around 3245 points, with a profit target of around 3220 points
Labaron believes
Guaranteeing the principal is the bottom line for survival, controlling risks is the armor for survival, earning profits is a stage medal, and long-term stable and continuous profits are the only proof of being able to stand up from the mountains of corpses and seas of blood.
Gold rebound is weak, full analysis of high-altitude strategiesTechnically, gold faces the test of whether the double top pattern can be established. The progress of the trade agreement may exceed expectations. In the short term, the gold price is disturbed by the trade news, but in the long term, geopolitical, debt and interest rate cuts still support the upward trend of gold prices. Gold stabilized and rebounded after hitting a low of 3207 during the European session, and further rose to a high of 3248 during the US session. However, the rebound momentum was relatively limited, and the current price maintained a volatile pattern within the 3220-3248 range. At present, 3250 has become a key resistance level. If it can effectively break through and stand firm, the gold price is expected to further test the 3270-3288 area. However, from the perspective of short-term momentum, it is still facing downward correction pressure in the late trading period. Technically, the upper resistance is concentrated in the 3248-3252 range, and the lower support is around 3225-3217. In terms of operation, it is recommended to mainly do long positions on callbacks, supplemented by rebounds from high altitudes.
Operation strategy 1: It is recommended to do more on the pullback in the 3225-3217 area, with a target of 10-15 points.
Operation strategy 2: It is recommended to short at the rebound area of 3245-3252, with the target at 10-15 points.
Shorts were active at the beginning of this week, and prices fel
📌 Gold driving factors
The joint statement of the Sino-US Geneva economic and trade talks has just been released. This development has hit the safe-haven demand for gold and has become the fuse for a new round of gold selling.
Coupled with the hawkish "holding back" of the Federal Reserve, the dollar has remained stable near its multi-week high and put pressure on gold. The trend of gold prices seems quite fragile.
📊Commentary analysis
The next resistance for gold prices is the static barrier of $3360-3365/ounce. If it can be decisively overcome, it will eliminate the recent bearish tendency and lay the foundation for gold prices to regain the $3400/ounce mark.
💰Strategy Package
⭐️Set Gold Price:
🔥Sell Gold Zone: 3315-3317 SL 3322
TP1: $3300
TP2: $3290
TP3: $3280
🔥Buy Gold Zone: $3223 - $3225 SL $3218
TP1: $3238
TP2: $3245
TP3: $3260
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
Seize the moment! The rebound is a good opportunity to shortGold was affected by the implementation of the China-US tariffs and the ceasefire between India and Pakistan, which weakened the market's risk aversion sentiment. The weekly line formed a double-needle top pattern, and continued to see downward adjustments this week. The daily line also has a double top structure, with 3500 and 3435 as double tops, and the neckline focuses on 3202. If it falls below, the double top pattern is confirmed. In terms of thinking, keep falling back and adjusting, with pressure focusing on 3260 and 3283, and support below focusing on 3200-3202. In terms of operation, rebound high and short are the main, and falling back is supplemented by long.
Operation suggestion: short gold when it rebounds to around 3255-65, and look at 3320 and 3200. long gold when it falls back to around 3210-3200, and look at 3320 and 3250.
Circular short selling is still the main themeGold has no power to rebound in the Asian session, and it keeps fluctuating and falling. The highest rebound was 3292, but it fell back under pressure, and the lowest touched 3217. The fluctuation and decline are still dominant, so we only need to short on the rebound. It is still difficult to fill the gap at the opening today, so don't have hope. Just keep shorting on the rebound. The weekend article also analyzes the bearish opening this week. After all, the international situation of India and Pakistan's comprehensive ceasefire and Russia-Ukraine ceasefire negotiations are mainly bearish for gold. Coupled with the technical shorts, it is reasonable for gold to jump short. Today, we will treat gold as rebound shorting. In terms of operation, we will mainly short on rebound and be a steady trader. Judging from the current trend of gold, the main short rhythm of the pullback will continue to remain unchanged before the daily level breaks through and stands at this position.
Gold opening rise and fall prediction?The current gold market is in a range of fluctuations, maintaining a wide range of fluctuations. Technically, the key support level below is still focused on the 3270 area, while the 3450 price level above constitutes a significant double-top structural resistance level. Although the conclusion of the US-UK tariff agreement has a phased negative effect on precious metals at the geopolitical level and may provide a demonstration effect for other regional trade negotiations, the overall technical structure still maintains a downward trend. At the daily level, the recent K-line combination has completed a deep retracement from the 3500 mark with two long negative lines, directly breaking through an important support platform. The current daily K-line continues to close the adjustment pattern with an upper shadow line, and the alternating yin and yang oscillation rhythm conforms to the technical correction characteristics. It is worth noting that the 50-period moving average continues a clear downward trajectory, forming a resonance suppression with the double-top structure in the 3450 area.
The 1-hour gold chart shows that the short-term price trend presents a clear downward channel feature, and the seller's power continues to dominate the market. Combined with the Fibonacci extension level calculation, the first target below can still focus on the 3300 area. If this support platform is lost, the price will have a technical demand to further explore the 3320 integer mark. The current volume and price coordination shows that the market is brewing a new wave of trending market conditions. It is necessary to pay close attention to the breakthrough direction of the 3300-3380 range, which will determine the continuation or reversal of the medium-term trend. Taken together, the short-term operation of gold is recommended to be mainly longs on callbacks, supplemented by shorts on rebounds. The top short-term focus is on the first-line resistance of 3360-3380, and the bottom short-term focus is on the first-line support of 3320-3300.
Is GOLD still rising star? XAUUSD AnalysisHello everyone!
i Want share my idea about gold price action.
End of April we had some correction but beginning of May it still has buyer and why? at global market we see still misunderstanding, America and China still talk about rates, final talk will be soon between that to giant country, Russia-Ukraine war plus we have very hard situation between India and Pakistan, everyone was expecting peace, after trump inauguration, but how we see we are still far, no one knows what will be next and for big investors gold is safest place to invest money. If we look at gold for long term we can see it has pretty strong bull run.
For me i have other view - China and America will deal about rates, which will give market better view, i think before it will happen, Gold will test new High, where it will find sellers and from there we will have 2 quarter Bearish trend. New high will be between 3500 - 3550, also if we look at Dollar index (DXY) at 1D chart it found buyers and slowly showing reversal, but don't forget 1W chart because there we had 1W consolidation from 2023 and the last fall was stronger than other falls, at technical it tested weekly Fair Value Gap, but i cant see any reason yet for fall.
I think Gold will show us new high which will be between 3500 - 3550 and then we will get bearish trend and we will see correlation with dollar and dollar will start bullish trend.
With technical i will use simple technic, gold tested today daily fair value gap and it got strong reaction, we have resistance + 2h FVG but for me it will be not hard for gold to brake it.
This analysis is from my experience, i am not financial advisor.
FOR COLLABORATION TEXT ME !
ALWAYS MAKE YOUR OWN RESEARCH !
Gold waiting for TomorrowThe sell signal was issued on the last candle when the red zone broke down. But I don't know how it will react to the green support zone in a short distance.
If I insist on trading, I will enter a short sell trade at the opening of the next candle with a short stop loss above the red zone and I will be alert to the price reaction to the green zone.
GOLD Possible bearish movesGOLD Weekly Outlook – Waiting for a Clean Entry
My focus this week on gold is based around the recent mitigation of the 3H supply zone. It was a clean setup, but unfortunately I didn’t get tapped in — and with it being late Friday, I decided to wait for a better entry, potentially on Monday.
As bullish pressure begins to weaken, I’m also keeping an eye on the 4H supply zone above, which could offer a stronger bearish reaction and a better opportunity to sell.
On the flip side, for any potential bullish continuation, I can see price sweeping the liquidity sitting below and then reacting from the 5H demand zone I’ve marked out. That area could provide the base for a re-accumulation and another move to the upside.
Confluences for GOLD Sells:
- Clear bearish reaction from the 3H supply zone with a completed Wyckoff distribution
- Liquidity to the downside remains untapped
- Weakening bullish momentum opens room for a possible sell-off
- DXY is showing short-term bullish strength, supporting a bearish bias on gold
P.S. If price reverses and takes out the current supply zone, I’ll be watching the next 4H supply zone for further reaction — but in the meantime, I’ll adapt by monitoring for a closer demand zone setup.
Have a great trading week ahead and stay sharp, traders!
Will gold fall? Here comes the latest analysis.Technical analysis:
Gold fell rapidly in the morning and then bottomed out and rebounded. When the price broke through $3,324, it began to rise. The weak market will not rebound significantly. When the rebound that engulfed the decline appears, it will continue to rise. However, it should be noted that gold has been fluctuating at a high level for a week. It rose sharply on Monday and Tuesday, fell sharply on Wednesday and Thursday, and it is still fluctuating sharply today.
For the current trading market, I think the price of gold will continue to rise in the fluctuation. After the hourly cycle breaks through the $3,324 position, the market will gradually increase today, and there is room for further upward continuation. I think short-term trading is still mainly long; after the rebound high, you can choose a short strategy.
Action suggestions:
Long strategy: Go long at US$3330, stop loss at US$3320, and take profit at US$3360-3370.
Short strategy: short at $3,365, stop loss at $3,380, take profit at $3,300-3,310.
GOLD ROUTE MAP UPDATEHey Everyone,
Great finish to the week with our chart idea playing out, as analysed.
After completing our Bullish targets 3282, 3343 and 3404 yesterday; we stated that no further cross and lock above 3404 confirmed the rejection and that price will find support at lower Goldturns for the bounces.
- This played out perfectly inline with our plans to buy dips. Price found support at 3282 Goldturn and gave the weighted bounce just like we analysed.
BULLISH TARGET
3282 - DONE
EMA5 CROSS AND LOCK ABOVE 3282 WILL OPEN THE FOLLOWING BULLISH TARGET
3343 - DONE
EMA5 CROSS AND LOCK ABOVE 3343 WILL OPEN THE FOLLOWING BULLISH TARGET
3404 - DONE
We will now come back Sunday with our updated Multi time-frame analysis, Gold route map and trading plans for the week ahead.
Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Gold prices face substantial short-term suppression
📌 Bearish drivers
Gold prices (XAU/USD) rebounded from a multi-day low in early Asian trading, and are now at the psychological level of $3,300. Ongoing geopolitical uncertainties, including the Russia-Ukraine conflict, heightened tensions in the Middle East, and renewed frictions on the India-Pakistan border continue to support gold prices. Even so, improved risk sentiment appears to have limited gold's upside due to renewed optimism around the US-UK trade agreement and the launch of US-China tariff negotiations over the weekend.
📊Commentary and analysis
As tariff trade negotiations become more active, gold prices are facing huge selling pressure. Gold prices may return to the 3233 price range and continue to rise.
💰Strategy Package
🔥Sell Gold Zone: 3351-3353 SL 3358
TP1: $3340
TP2: $3330
TP3: $3320
🔥Buy Gold Zone: $3232 - $3234 SL $3227
TP1: $3245
TP2: $3260
TP3: $3270
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
How to operate gold in the short term today
📌 Negative drivers
The trade peace talks have really entered a substantive period. Japan, the most active country, did not become the first country to sign the agreement. Instead, it was the United Kingdom and the United States, setting an example for everyone.
This also means that Europe, Japan, India, etc. will also enter the substantive stage, which will become a battlefield for Sino-US trade.
Gold, the surge since April, all came from the global trade war initiated by the United States, and the retracement node also fell because the trade war eased.
From the conclusion of the British and American talks this morning, more and more countries will sign, which will affect the rising rhythm of gold.
Divergence of geopolitical risk aversion: Although the escalation of the India-Pakistan conflict has boosted risk aversion demand, the market's expectations of the controllability of the conflict have weakened the risk aversion premium of gold. The current conflict has not yet reached the level of a full-scale war, and there is a risk of "dying in the light" in risk aversion demand.
📊Comment analysis
Short-term casual 20 US dollars +, follow the trend is very important, and follow the watershed.
The Asian session broke the low point of yesterday morning, and the tariffs also loosened for the first time. Don't go long.
💰Strategy Package
Gold price has continuously fallen below the moving average and has been falling all the way. How can we go long in such a market? Continue to stick to the high-altitude thinking. Now the 3320 line has become a pressure point. Below it, we insist on going short.
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
Gold still needs to be shorted after a sharp drop!
💢 Driving factors
Market sentiment was dampened by reports that US President Trump signed a potential trade agreement with the UK, while investors are awaiting the outcome of the US-China trade talks this weekend. In terms of trade agreements, any cooling of the trade war and reduction of uncertainty are bearish for gold. If the US and the UK announce a trade agreement, it will be good for the overall global economy.
📊 Commentary and analysis
In terms of trend, although gold soared in the morning, it continued to fall to 3320 in the afternoon. At present, gold has rebounded moderately but is still under pressure after the sharp drop.
💰 Strategy package
For the US market, it is still a rebound short. Pay attention to the resistance of 3370-74 above. You can directly enter the short position after the rebound, and bet on the second decline of the US market!
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose a lot size that matches your funds
- Profit is 4-7% of the capital account
- Stop loss is 1-3% of the capital account
The range is broken and the bulls are ready to go!📌Fundamentals:
1. In the Fed's decision, Powell maintained the 4.25%-4.5% interest rate expectation, which was exactly the same as the expectation I mentioned, and predicted the result of the entire decision.
2. The India-Pakistan conflict intensified, and global geopolitical risks continued to heat up. From Gaza to Russia and Ukraine, and then to India and Pakistan, risk aversion will continue to provide long-term support for gold prices.
📊Technical aspects:
Affected by the interest rate decision, gold bottomed out and rebounded, but did not fall below the low of 3360. The daily line closed in the negative. The data had little impact. Of course, there are also concerns about the increase in inflation and unemployment caused by the increase in taxes. It is expected that there will be another interest rate cut in July, which provides support for gold. After the Asian session opened under short-term pressure at 3397, it broke through and increased in volume, and walked out of the shock range of the first half of the week. The previous article mentioned that squats and long jumps were realized. Today, we maintain a bullish mindset and pay attention to the top and bottom conversion support of 3400. If it can stabilize in the US market, we can continue to go long. The upper side will gradually look to 3423 and 3435, and it is not ruled out that it will go near the previous high.
🎯Practical strategy:
Gold is long near 3387-3380, and look at 3423 and 3435! If it is strong, it is long based on the support of 3402-3398!
Gold prices remain volatile, where is the profit range?
💢 Driving factors
Gold prices plunged nearly 2% yesterday, mainly due to the strengthening of the US dollar and the optimism brought about by the upcoming trade talks between the United States and China. The Federal Reserve kept interest rates unchanged on Wednesday, but pointed out that the risks of rising inflation and unemployment increased, which further clouded the economic outlook as the Fed struggled to assess the impact of Trump's tariff policy. When the US dollar strengthens, it means that gold is relatively expensive for buyers holding foreign currencies. But despite the decline in gold prices, it is still supported by global geopolitical risks and central bank buying.
📊 Commentary Analysis
Gold basically fluctuated in the 3400-3360 range today, which is a typical fluctuation. But for high-level fluctuations, we must worry about the breakthrough after the platform is sorted out, and we must also worry about the stagflation retracement, which depends on the time cycle. Therefore, the current trend, people who like fluctuations feel very good, and those who look at one-sidedness feel uncomfortable. Today's early trading operations are still temporarily carried out in the 3400-3360 range, and new layouts will be made after the break!
💰Strategy Package
The Asian session is expected to remain volatile, and both long and short positions have opportunities. You only need to operate at the right time. Go long when the short-term retracement reaches 3370 support, and go short when the upper resistance reaches 3410.
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
The downside risk of gold increases!📌Fundamentals:
1. The conflict between India and Pakistan shows signs of escalation
2. US-Houthi ceasefire agreement
3. The Fed’s interest rate decision dominates this week’s market
4. International trade situation disturbs market sentiment
5. Market sentiment and capital flow
📊Technical aspects:
At present, on the hourly basis, gold is still under pressure at the small range resistance of 3400, and the current tariff crisis has cooled down. The data of the Fed's interest rate decision will cause a series of fluctuations in gold in the short term. At the same time, the market is betting that there will be further trend corrections, which may cause capital outflows in the market, which will further hit gold bulls!
There is actually a new round of operation opportunities in the short term. The short-term resistance should be around 3400, but since the game between major powers has not stopped, there will be no big negative factors. However, if the data layout does not fluctuate much, the market may not have a big dive. At present, we will temporarily play at the 3360-3400 level. If it breaks, we will make new adjustments!
🎯Practical strategy:
Gold: Short around 3390-3400 on the rebound, and the target is 3370-3360!