GOLD Price Analysis – April 01, 2025
Daily Price Outlook
Gold prices extended their meteoric rise on Tuesday, hitting a fresh record above $3,100 per ounce. The move comes ahead of the April 2 unveiling of U.S. reciprocal tariffs, which traders expect to impact global trade flows and risk sentiment.
The surge in gold is also supported by broader macro drivers: softening U.S. growth data, geopolitical instability, and expectations of Federal Reserve rate cuts later this year. CME FedWatch now prices in 63 basis points of cuts by year-end, adding further momentum to bullion.
Fundamentals Support Gold’s Bullish Outlook
Gold’s rally is underpinned by more than short-term policy speculation. The metal posted its strongest quarterly performance since 1986, fueled by:
Sustained central bank gold purchases, especially from emerging markets
Rebounding demand for gold-backed ETFs
Geopolitical risks spanning both Europe and the Middle East
A weakening U.S. dollar and stabilizing Treasury yields
Tim Waterer, chief analyst at KCM Trade, said the April 2 tariff event may be just the beginning: “Automobile tariffs on April 3 could extend uncertainty further. Unless macro conditions improve significantly, gold buyers are likely to remain active on any pullbacks.”
With global growth concerns still unresolved, investor appetite for gold appears resilient.
What’s Next: $3,200 in Sight?
Gold's next technical target lies near $3,200, a level many traders are eyeing if current momentum holds. On the downside, support lies near the previous breakout zone around $3,085.
Upcoming U.S. economic releases could prove pivotal. Tuesday's job openings data and Friday’s non-farm payrolls report may either reinforce or challenge the Fed’s dovish tilt. Any surprises could spark short-term volatility across commodities and FX markets.
Until then, the bullish case for gold remains intact—backed by macro risk, monetary policy shifts, and continued investor demand.
GOLD (XAU/USD) – Technical Analysis
Gold prices remain firmly bid, holding within a well-defined ascending channel that has underpinned the bullish trend since March 25.
The metal continues to find strong dip-buying interest, with the recent pullback stalling above the $3,127 pivot point—coinciding with the lower boundary of the bullish channel and offering technical validation for near-term support.
Despite a minor correction from intraday highs around $3,148, gold bulls appear to be defending the structure, and the broader uptrend remains intact barring a breakdown below $3,110.
The Relative Strength Index (RSI) has cooled to 58.93 from overbought territory, signaling a pause in momentum rather than a trend reversal.
Meanwhile, the 50-period SMA at $3,106.56 continues to track closely below price, reinforcing the strength of the underlying trend and providing dynamic support.
A confirmed move above $3,148 could open the door toward $3,165 and potentially challenge the $3,185 level, where previous supply zones could re-emerge.
Conversely, a break below $3,127 may signal further profit-taking, exposing $3,110 and $3,099 as next downside targets.
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GOLD Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Gold remains inside a strong ascending channel, with bullish bias intact above $3,127.
- RSI cooling from highs suggests consolidation, not reversal.
- A break above $3,148 may trigger upside toward $3,165 and $3,185.
Gold prices remain firmly bid, holding within a well-defined ascending channel that has underpinned the bullish trend since March 25.
The metal continues to find strong dip-buying interest, with the recent pullback stalling above the $3,127 pivot point—coinciding with the lower boundary of the bullish channel and offering technical validation for near-term support.
Despite a minor correction from intraday highs around $3,148, gold bulls appear to be defending the structure, and the broader uptrend remains intact barring a breakdown below $3,110.
The Relative Strength Index (RSI) has cooled to 58.93 from overbought territory, signaling a pause in momentum rather than a trend reversal.
Meanwhile, the 50-period SMA at $3,106.56 continues to track closely below price, reinforcing the strength of the underlying trend and providing dynamic support.
A confirmed move above $3,148 could open the door toward $3,165 and potentially challenge the $3,185 level, where previous supply zones could re-emerge.
Conversely, a break below $3,127 may signal further profit-taking, exposing $3,110 and $3,099 as next downside targets.
GOLD (XAU/USD) - Trade Ideas
Entry Price – Buy Above 3127
Take Profit – 3160
Stop Loss – 3110
Risk to Reward – 1: 1.9
Profit & Loss Per Standard Lot = +$3300/ -$1700
Profit & Loss Per Mini Lot = +$330/ -$170
GOLD Price Analysis – March 31, 2025
Daily Price Outlook
Gold prices surged to a new all-time high of $3,086 per ounce in early Monday trading in Asia, fueled by mounting geopolitical uncertainty and growing confidence in a dovish Federal Reserve. The move builds on last week’s momentum, with spot gold decisively breaking through $3,070 resistance, and now setting its sights on the next key target at $3,105.
The latest leg of the rally came in response to Friday’s PCE Price Index, which rose 0.4% month-over-month, slightly ahead of the 0.3% forecast.
While the inflation reading was marginally hotter, analysts say it’s unlikely to shift the Fed’s current trajectory. Markets are now pricing in roughly 63 basis points of rate cuts by year-end, with the first cut potentially arriving as early as July.
“Safe-haven demand tied to trade uncertainty and macro risks continues to support gold,” said Peter Grant of Zaner Metals, noting that softening global growth signals are reinforcing the metal’s upward bias.
Traders Brace for High-Impact U.S. Data
This week’s macro calendar is packed with key data releases that could shape the Fed’s rate path—and by extension, gold’s trajectory. Investors will be watching closely for signs of economic softening or labor market weakness, which could strengthen the case for rate cuts and deepen demand for safe-haven assets.
Key U.S. Events to Watch This Week:
Tuesday:
ISM Manufacturing PMI (Est. 49.6)
JOLTS Job Openings
Wednesday:
ADP Non-Farm Employment (Est. 118K)
Thursday:
Weekly Unemployment Claims
ISM Services PMI
Friday:
Non-Farm Payrolls (Est. 139K)
Unemployment Rate (Est. 4.1%)
Fed Chair Jerome Powell speaks
Outlook: Bullish Bias Remains Intact
While inflation remains sticky, slowing economic momentum and geopolitical tensions are tipping investor sentiment toward risk aversion. With gold already breaking to new highs, a soft jobs report or disappointing manufacturing data this week could accelerate the rally toward $3,105 and beyond.
The Fed’s policy tone remains the linchpin. Should upcoming data support a July rate cut narrative, gold’s bullish run may still have room to extend—especially with real yields edging lower and central banks continuing to accumulate gold reserves.
GOLD (XAU/USD) – Technical Analysis
Gold continues to extend its bullish trajectory, with XAU/USD trading at $3,085.34 after breaking above the short-term pivot at $3,077.
The move confirms bullish continuation within a well-established ascending channel, as buyers maintain control despite broader macroeconomic uncertainties.
The recent breakout is supported by favorable momentum and strong trend structure, reinforcing the case for additional upside toward $3,105 and potentially $3,118.82.
The 50-period Simple Moving Average, currently at $3,037.63, has provided consistent dynamic support, aligning with the channel's lower boundary.
The Relative Strength Index (RSI) holds at 66.95, suggesting momentum remains healthy without tipping into extreme overbought territory.
A potential trade setup emerges with a buy entry above $3,077, targeting $3,105 as the primary resistance, with a stop loss set at $3,065. This configuration offers a compelling risk-to-reward ratio of approximately 1:2.3.
As long as the price holds above $3,070, the bias remains firmly bullish. However, any drop below the $3,065 support could trigger a short-term correction toward $3,055 and possibly $3,037.
This technical structure continues to favor the bulls, supported by rising moving averages, solid channel support, and a well-behaved RSI.
Traders should monitor price action closely near the $3,105 resistance, as a break above this level could open the door to fresh highs toward $3,118.82.
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GOLD Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Gold breaks above $3,077, confirming short-term bullish momentum.
- RSI at 66.95 suggests room for further upside without overextension.
- Channel support and SMA alignment keep the bias bullish unless $3,065 fails.
Gold continues to extend its bullish trajectory, with XAU/USD trading at $3,085.34 after breaking above the short-term pivot at $3,077.
The move confirms bullish continuation within a well-established ascending channel, as buyers maintain control despite broader macroeconomic uncertainties.
The recent breakout is supported by favorable momentum and strong trend structure, reinforcing the case for additional upside toward $3,105 and potentially $3,118.82.
The 50-period Simple Moving Average, currently at $3,037.63, has provided consistent dynamic support, aligning with the channel's lower boundary.
The Relative Strength Index (RSI) holds at 66.95, suggesting momentum remains healthy without tipping into extreme overbought territory.
A potential trade setup emerges with a buy entry above $3,077, targeting $3,105 as the primary resistance, with a stop loss set at $3,065. This configuration offers a compelling risk-to-reward ratio of approximately 1:2.3.
As long as the price holds above $3,070, the bias remains firmly bullish. However, any drop below the $3,065 support could trigger a short-term correction toward $3,055 and possibly $3,037.
This technical structure continues to favor the bulls, supported by rising moving averages, solid channel support, and a well-behaved RSI.
Traders should monitor price action closely near the $3,105 resistance, as a break above this level could open the door to fresh highs toward $3,118.82.
GOLD (XAU/USD) - Trade Ideas
Entry Price – Buy Above 3077
Take Profit – 3105
Stop Loss – 3065
Risk to Reward – 1: 2.3
Profit & Loss Per Standard Lot = +$2800/ -$1200
Profit & Loss Per Mini Lot = +$280/ -$120
GOLD Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Gold remains bullish above $3,070, supported by a strong uptrend and 50 EMA at $3,029.
- A break above $3,089 may trigger upside toward $3,103 and $3,118.
- Support zones at $3,055 and $3,036 could absorb minor corrections.
Gold (XAU/USD) extended its rally on Friday, trading at $3,081.94 with a 0.27% gain on the day. The metal is showing continued strength as it hovers near record highs, buoyed by safe-haven flows and dovish monetary policy expectations.
Technically, gold remains firmly positioned above its key pivot point at $3,070.09, reinforcing bullish control in the short term.
The 4-hour chart reveals a sustained uptrend, supported by a rising channel and the 50-period EMA at $3,029.63.
With price action maintaining a comfortable distance above this moving average, momentum favors continued upside, provided the metal holds above immediate support at $3,055.67.
Additional support zones lie at $3,036.63 and $3,013.17—both of which could cushion any short-term pullbacks.
On the upside, immediate resistance is noted at $3,089.64. A decisive break above this level could pave the way toward $3,103.01, followed by a potential extension to $3,118.39.
The Relative Strength Index (RSI) is currently pointing upward but has yet to enter overbought territory, suggesting there is room for further gains before momentum stalls.
Gold’s bullish structure is further validated by the fact that price continues to respect both trendline and moving average support, while making higher highs and higher lows.
Traders may look to enter long positions above $3,070 with a target near $3,105, while keeping stops below $3,045 to manage downside risk.
Unless a sharp reversal breaks below $3,055, the current technical setup continues to favor buyers.
GOLD (XAU/USD) - Trade Ideas
Entry Price – Buy Above 3070
Take Profit – 3105
Stop Loss – 3045
Risk to Reward – 1: 1.4
Profit & Loss Per Standard Lot = +$3500/ -$2500
Profit & Loss Per Mini Lot = +$350/ -$250
GOLD Price Analysis – March 28, 2025
Daily Price Outlook
During the European trading session, the Gold price (XAU/USD) extended its bullish momentum for the second consecutive day, surging to a fresh all-time high around the $3,085 region.
However, the ongoing trade war concerns, triggered by US President Donald Trump’s announcement of auto tariffs, have fueled market uncertainty, prompting investors to seek refuge in the safe-haven metal.
Moreover, the ongoing expectations that Trump's aggressive trade policies could slow US economic growth and push the Federal Reserve (Fed) towards renewed rate cuts have further supported Gold’s upward trend.
Despite a modest uptick in the US Dollar (USD), the non-yielding yellow metal continued to attract strong demand as market participants brace for upcoming US economic data.
US Tariffs and Fed Rate Cut Expectations Boost Gold
On Wednesday, President Trump imposed a 25% tariff on imported cars and light trucks, set to take effect on April 3.
This move, coupled with existing 25% tariffs on steel and aluminum, has intensified fears of a broader global trade war.
Investors remain on edge ahead of next week’s anticipated reciprocal tariffs, further lifting Gold to new record highs.
Meanwhile, markets are increasingly pricing in the likelihood of the Federal Reserve lowering interest rates at its June policy meeting due to concerns over trade-driven economic deceleration.
The resilience of Gold prices, despite strong US macroeconomic data and mostly hawkish Fed comments, underscores the growing safe-haven demand amid heightened geopolitical risks.
Stronger US Data Fails to Deter Gold’s Rally
Despite a strong US economic backdrop, Gold prices have continued their upward trend. On Thursday, the US Bureau of Economic Analysis (BEA) reported that the fourth-quarter Gross Domestic Product (GDP) expanded at an annualized pace of 2.4%, exceeding expectations of 2.3%. Meanwhile, initial jobless claims dropped slightly to 224K, reinforcing the strength of the US labor market.
Fed officials are being careful about future changes to policy. Richmond Fed President Tom Barkin said the current approach is suitable because the economy is uncertain.
Boston Fed President Susan Collins also warned that Trump's trade policies could increase inflation, but it's unclear how much.
Looking ahead, market focus shifts to the upcoming US Personal Consumption Expenditure (PCE) Price Index, the Fed’s preferred inflation gauge.
Investors will closely analyze the data to assess potential rate-cut trajectories, which could further influence USD dynamics and provide fresh momentum for Gold prices.
GOLD (XAU/USD) – Technical Analysis
Gold (XAU/USD) extended its rally on Friday, trading at $3,081.94 with a 0.27% gain on the day. The metal is showing continued strength as it hovers near record highs, buoyed by safe-haven flows and dovish monetary policy expectations.
Technically, gold remains firmly positioned above its key pivot point at $3,070.09, reinforcing bullish control in the short term.
The 4-hour chart reveals a sustained uptrend, supported by a rising channel and the 50-period EMA at $3,029.63.
With price action maintaining a comfortable distance above this moving average, momentum favors continued upside, provided the metal holds above immediate support at $3,055.67.
Additional support zones lie at $3,036.63 and $3,013.17—both of which could cushion any short-term pullbacks.
On the upside, immediate resistance is noted at $3,089.64. A decisive break above this level could pave the way toward $3,103.01, followed by a potential extension to $3,118.39.
The Relative Strength Index (RSI) is currently pointing upward but has yet to enter overbought territory, suggesting there is room for further gains before momentum stalls.
Gold’s bullish structure is further validated by the fact that price continues to respect both trendline and moving average support, while making higher highs and higher lows.
Traders may look to enter long positions above $3,070 with a target near $3,105, while keeping stops below $3,045 to manage downside risk.
Unless a sharp reversal breaks below $3,055, the current technical setup continues to favor buyers.
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GOLD Price Analysis – March 27, 2025
Daily Price Outlook
Gold (XAU/USD) surged higher on Thursday, gaining around 1.18%, trading at $3,055, as market concerns about the escalating trade tensions between the United States and its major trading partners led investors to flock to the precious metal.
However, the spike in gold prices was primarily fueled by the latest trade war developments, following US President Donald Trump’s announcement of a new 25% tariff on auto imports.
Trade Tensions and Tariff Threats Drive Gold’s Safe-Haven Appeal
President Trump’s decision to implement a 25% tariff on all cars not made in the United States has raised fears of retaliatory measures, including potential duties on lumber, semiconductors, and pharmaceuticals.
This uncertainty has led to an increased demand for gold as a safe-haven asset, with investors seeking protection against the potential economic fallout. The situation is still unclear, with many unsure about the details of the tariffs that will be introduced on April 2nd and 3rd, which is adding to market worries.
Meanwhile, the ongoing legal battle between Sibanye and Gold Fields over property valuations has added to the uncertainty surrounding gold mining operations, contributing to the overall bullish sentiment in the gold market.
Goldman Sachs Raises Gold Price Forecast to $3,300
In response to the market uncertainty, Goldman Sachs has raised its year-end gold price forecast to $3,300 per ounce, citing stronger-than-expected central bank demand and solid inflows into bullion-backed exchange-traded funds (ETFs).
The bank’s revised outlook reflects the growing confidence in gold’s role as a hedge against rising trade risks and inflation concerns. With central banks globally continuing to accumulate gold, the precious metal’s bullish momentum is expected to continue, bolstered by these factors.
Mixed Market Sentiment and the US Dollar’s Weakness
On the broader market front, the US dollar continues to struggle, providing further support for gold. The US dollar remains under pressure as market participants anticipate the potential impact of additional tariffs, as well as growing speculation about interest rate cuts by the Federal Reserve.
Therefore, the struggling US dollar makes gold more attractive to investors, as it strengthens gold’s appeal as a safe-haven asset. The anticipation of tariffs and rate cuts further supports gold’s price.
Looking ahead, traders are closely monitoring further developments in the trade dispute and any changes in US monetary policy that could influence gold’s performance in the coming months.
GOLD (XAU/USD) – Technical Analysis
Gold (XAU/USD) continues to show resilience despite modest intraday pressure, currently trading near $3,028.27.
The metal is consolidating just above its key pivot point at $3,021.46, which also aligns closely with the 50-period Exponential Moving Average (EMA) at $3,021.41. This convergence is acting as a short-term anchor, maintaining the metal’s bullish structure.
On the upside, the first resistance level is located at $3,039.33. A sustained move above this level could open the door to $3,047.18 and potentially $3,057.66, the latter of which marks last week’s high and a critical breakout point.
However, bulls need a convincing push through $3,039.33 to reassert control and challenge these higher targets.
On the downside, immediate support rests at $3,005.28. A breach here could expose gold to a deeper pullback toward $2,993.39 and $2,982.18.
These levels represent key technical defenses that have previously triggered buying interest. A close below $2,982 would indicate a breakdown from the current bullish setup.
From a trading perspective, the structure favors a tactical long position above $3,021, targeting $3,039 while maintaining a stop at $3,011 to mitigate downside risk.
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GOLD Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Gold holds above the $3,021 pivot and 50 EMA, reinforcing bullish momentum.
- Immediate resistance lies at $3,039, followed by $3,047 and $3,057.
- A drop below $3,005 may expose deeper support at $2,982.
Gold (XAU/USD) continues to show resilience despite modest intraday pressure, currently trading near $3,028.27.
The metal is consolidating just above its key pivot point at $3,021.46, which also aligns closely with the 50-period Exponential Moving Average (EMA) at $3,021.41. This convergence is acting as a short-term anchor, maintaining the metal’s bullish structure.
On the upside, the first resistance level is located at $3,039.33. A sustained move above this level could open the door to $3,047.18 and potentially $3,057.66, the latter of which marks last week’s high and a critical breakout point.
However, bulls need a convincing push through $3,039.33 to reassert control and challenge these higher targets.
On the downside, immediate support rests at $3,005.28. A breach here could expose gold to a deeper pullback toward $2,993.39 and $2,982.18.
These levels represent key technical defenses that have previously triggered buying interest. A close below $2,982 would indicate a breakdown from the current bullish setup.
From a trading perspective, the structure favors a tactical long position above $3,021, targeting $3,039 while maintaining a stop at $3,011 to mitigate downside risk.
GOLD (XAU/USD) - Trade Ideas
Entry Price – Buy Above 3021
Take Profit – 3039
Stop Loss – 3011
Risk to Reward – 1: 1.8
Profit & Loss Per Standard Lot = +$1800/ -$1000
Profit & Loss Per Mini Lot = +$180/ -$100
GOLD Price Analysis – March 26, 2025
Daily Price Outlook
Gold prices are finding it tough to hold recent gains, with XAU/USD hovering just above the crucial $3,000 mark on Wednesday.
Investors remain on edge as mixed economic signals and shifting Federal Reserve expectations create uncertainty in the market.
While expectations of Fed rate cuts continue to provide support, a modest rebound in the U.S. dollar and upbeat sentiment in equity markets are limiting gold’s upward trend.
Traders are now watching key U.S. economic data releases, including Durable Goods Orders and speeches from Fed officials, which could sway sentiment around both the dollar and gold.
Mixed Economic Signals Keep Investors on Edge
The U.S. dollar has gained traction after hitting a three-week low, fueled by investor caution ahead of upcoming economic reports.
However, Tuesday’s Consumer Confidence Index painted a gloomy picture, dropping to 92.9—the lowest in four years.
In the meantime, the Expectations Index, which reflects consumer outlook, fell to a 12-year low of 65.2, often seen as a sign of a potential recession.
Despite this, the Fed remains cautious. Governor Adriana Kugler pushed back against aggressive rate cuts, arguing that inflation risks still linger.
However, markets are pricing in rate cuts as early as June, with additional easing expected in July and October. With the Fed lowering its growth outlook, gold traders are closely watching whether incoming data will reinforce the case for a looser monetary policy.
Trade Tensions and Geopolitical Uncertainty Weigh on Sentiment
On the other hand, the former President Donald Trump’s proposed tariff plans for April 2 are making investors nervous. His administration is reportedly considering reciprocal tariffs on 15 major trading partners, which could reignite global trade tensions.
Meanwhile, Trump’s secondary sanctions on Venezuela are adding further complications to the geopolitical landscape.
On a positive note, U.S.-mediated negotiations have led to a temporary halt in military strikes between Russia and Ukraine in the Black Sea and energy infrastructure.
Meanwhile, China’s latest stimulus measures are boosting domestic consumption, fueling optimism in global markets. However, this renewed risk appetite is dampening gold’s safe-haven appeal in the short term.
What’s Next? Key Data to Watch
Moving ahead, traders now have their eyes on Wednesday’s U.S. Durable Goods Orders report, followed by the highly anticipated Personal Consumption Expenditures (PCE) Price Index on Friday—the Fed’s preferred inflation gauge.
If inflation shows further signs of softening, it could reinforce expectations for aggressive rate cuts, providing a tailwind for gold prices.
However, any surprises to the upside in inflation data could strengthen the dollar and pressure gold lower.
For now, gold is struggling to stay above $3,000 as traders deal with mixed economic signals, changing Fed policies, and global uncertainties.
GOLD (XAU/USD) – Technical Analysis
Gold (XAU/USD) is trading at $3,024.43, showing marginal gains of +0.02%, as the market holds steady above its key pivot point at $3,014.07.
The broader structure remains constructive, with price action supported by the 50-period EMA at $3,019.71, which continues to act as a dynamic support level on the 4-hour chart.
Immediate resistance lies at $3,033.81, and a clean break above this level would open the path toward $3,053.86, followed by the higher resistance at $3,071.37.
These levels align with previous swing highs, making them critical zones to monitor for potential bullish continuation.
On the downside, $3,000.06 serves as the immediate support level, followed by deeper cushions at $2,982.18 and $2,966.96, where the price could stabilize if momentum shifts lower.
Technically, the price remains above the 50 EMA, reinforcing short-term strength. Momentum indicators are neutral, suggesting consolidation before a potential breakout.
The trendline structure remains intact, and as long as gold maintains price action above $3,015, buying interest is expected to dominate.
The near-term strategy favors a buy-above-$3,015 approach, with an initial target at $3,035 and a protective stop just below the support line at $3,005.
A move below this would invalidate the bullish setup and increase the probability of a pullback toward the $2,980 zone.
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GOLD Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Gold remains bullish above $3,015, with resistance at $3,033 and $3,053 in focus.
- 50 EMA at $3,019 provides near-term support and confirms trend direction.
- Break below $3,000 may trigger selling toward $2,982 and $2,966.
Gold (XAU/USD) is trading at $3,024.43, showing marginal gains of +0.02%, as the market holds steady above its key pivot point at $3,014.07.
The broader structure remains constructive, with price action supported by the 50-period EMA at $3,019.71, which continues to act as a dynamic support level on the 4-hour chart.
Immediate resistance lies at $3,033.81, and a clean break above this level would open the path toward $3,053.86, followed by the higher resistance at $3,071.37.
These levels align with previous swing highs, making them critical zones to monitor for potential bullish continuation.
On the downside, $3,000.06 serves as the immediate support level, followed by deeper cushions at $2,982.18 and $2,966.96, where the price could stabilize if momentum shifts lower.
Technically, the price remains above the 50 EMA, reinforcing short-term strength. Momentum indicators are neutral, suggesting consolidation before a potential breakout.
The trendline structure remains intact, and as long as gold maintains price action above $3,015, buying interest is expected to dominate.
The near-term strategy favors a buy-above-$3,015 approach, with an initial target at $3,035 and a protective stop just below the support line at $3,005.
A move below this would invalidate the bullish setup and increase the probability of a pullback toward the $2,980 zone.
GOLD (XAU/USD) - Trade Ideas
Entry Price – Buy Above 3015
Take Profit – 3035
Stop Loss – 3005
Risk to Reward – 1: 2
Profit & Loss Per Standard Lot = +$2000/ -$1000
Profit & Loss Per Mini Lot = +$200/ -$100