Gold Weekly Analysis Apr 28 - May 2 2025 Last week was a wild week for precious metals traders and global markets as Trump's trade war continued to dominate price movements. This week, a survey by Kitco.com showed that the majority of Wall Street was pessimistic about gold while Main Street maintained a bullish stance on gold prices. According to the Trendline Indicator, the 4-hour time frame gold is in a consolidation phase with a bullish bias. Transaction Advice If the price falls and is stuck above 3259, wait for a valid Buy signal to appear because the market has the potential to rise again to test Resistance 3370, if it breaks through, you can open a buy position again because the market will continue to rise to test the previous ATH in the 3500 area. However, on the other hand BEWARE if the price is confirmed to close below support 3259, it opens a golden opportunity to continue to fall to test support 3200 - 3168 Important Data This Week JOLTS Job Openings (4/29) ADP Non-Farm Employment Change (4/30) Advance GDP q/q (4/30) Employment Cost Index q/q (4/30) Core PCE Price Index m/m (4/30) Unemployment Claimes (1/5) ISM Manufacturing PMI (1/5) Average Hourly Earnings m/m (2/5) Non-Farm Employment Change (2/5) Unemployment Rate (2/5) Disclaimer: The information above is informative and always remember and understand risk management if there is a reversal, also pay attention to the technical indicators that are running and the Fundamental News that will be released
Last week, in my GBPUSD analysis, I highlighted that the pair had reached a major resistance area – a level that has acted as both support and resistance over the past few years. I mentioned that a correction from this zone was very likely. The market reacted perfectly: GBPUSD dropped from that resistance, and after the initial move, it entered into a consolidation phase. The key question now: Is the correction finished or will the downside continue? My outlook remains the same – I still expect further downside towards the 1.3000 level. Here’s why I stay bearish: - Strong historical resistance rejected the price. - No real bullish momentum above 1.34 zone. - Consolidation after the drop looks more like a pause, not a reversal. Trading Plan: I will look to sell rallies, staying bearish as long as the 1.3400 area (recent high) is not broken. 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.
ORDI ~ 2D Analysis #ORDI This trade is very high risk This is the lowest support for now, buy gradually with a short -term target of at least 15%+.
tesla inc can do well a very promising chart, a good upmove can lead to 360+ levels
Spot OANDA:XAUUSD unexpectedly accelerated its decline during the Asian trading session on Monday (April 28). The current price of gold is around 3,280 USD/ounce, down more than 40 USD on the day. The price of gold has gradually decreased compared to the intraday high of 3,336.98 USD/ounce reached at the beginning of the trading session. The easing of trade tensions between China and the United States has weakened gold’s appeal as a safe haven. Gold prices have fallen more than 5% since breaking above $3,500 an ounce last Wednesday. The latest developments around US-China trade relations and the release of key US macroeconomic data will trigger gold’s near-term price action. Market participants will be closely watching US economic growth and employment data this week. The latest data from the US Commodity Futures Trading Commission (CFTC) showed that hedge fund managers cut their net long positions in gold futures and options to a 14-month low. https://www.tradingview.com/chart/XAUUSD/24Vizgz9-GOLD-may-enter-accumulation-when-the-market-lacks-impact/ Technical Outlook Analysis OANDA:XAUUSD On the daily chart, gold has dropped below the raw price of $3,300 and at its current position it could continue to decline further with a short-term target of around $3,245 where the price confluences with the upper edge of the price channel. Although gold has fallen significantly from $3,500, looking at the overall chart, gold still has bullish conditions with support from EMA21 and the rising price channel as the long-term trend. On the other hand, the down trending RSI is also approaching the 50 level, in this case the 50 level is the closest support at present, indicating that there may not be much room for decline in the short term. Once gold is back in action above the 0.382% Fibonacci retracement level, it will be in position to rebound with a target of around $3,371 in the short term. During the day, the bearish correction could continue but will be limited by the EMA21 and the price channel. Along with that, the bearish correction along with the main uptrend will be noticed by the following technical positions. Support: $3,245 – $3,228 – $3,200 Resistance: $3,292 – $3,371 SELL XAUUSD PRICE 3328 - 3326⚡️ ↠↠ Stop Loss 3332 →Take Profit 1 3320 ↨ →Take Profit 2 3314 BUY XAUUSD PRICE 3226 - 3228⚡️ ↠↠ Stop Loss 3222 →Take Profit 1 3234 ↨ →Take Profit 2 3240
Zum Wochenstart handelt der Goldpreis bei etwa 3.290 USD und verzeichnet damit eine leichte Korrektur, nachdem er in der Vorwoche beinahe ein Rekordhoch von 3.500 USD erreicht hatte. Diese Bewegung gilt als typische technische Konsolidierung nach einer langen Aufwärtsphase. Ursachen für den Rückgang sind Gewinnmitnahmen sowie die Erholung des US-Dollars und steigende Anleiherenditen. Zudem zeigt sich die Marktstimmung vorsichtiger, da solide US-Wirtschaftsdaten die Nachfrage nach sicheren Häfen vorübergehend dämpfen. Technisch betrachtet bleibt der Bereich um 3.260 USD ein wichtiger kurzfristiger Unterstützungsbereich. Ein Halten darüber könnte den Weg für einen neuen Aufwärtsschub ebnen, während ein Bruch die Korrektur in Richtung 3.200 USD ausweiten könnte. Mittelfristig bleiben die Aussichten für Gold positiv, unterstützt durch Zentralbankkäufe, Rezessionssorgen und lockere Geldpolitik. Die Preisentwicklung an der aktuellen Unterstützung sollte genau beobachtet werden. Ich wünsche Ihnen eine erfolgreiche Handelswoche!
It's been a good run throughout 2025 with little to no drawdown week in, week out. Only 3 bearish weekly closures in 2025 but i believe we wil be seeing a few more of them as the Dollar Index is starting to pivot. On a lookout for low hanging fruit PD arrays; 1st point of interest is $3,260 with the overall draw to $3,193 - $3,167 being the stretch target
Gold is looking strong heading into the next few weeks. Real-world catalysts are stacking up: Central banks are still aggressively buying gold (China and other BRICS nations are steadily increasing reserves). Geopolitical tensions (Middle East, Russia/Ukraine) are keeping safe-haven demand alive. U.S. economic data is showing signs of a slowdown — with weaker job reports and cooling inflation, expectations for rate cuts later this year are rising. The dollar has softened a bit recently, giving gold room to breathe. Technically, gold is holding key support levels and building momentum for a potential breakout. If economic data continues to weaken or geopolitical risks stay elevated, gold could quickly retest recent highs.
SUNDOG ~ 1D Analysis #SUNDOG Buy after successfully penetrating this resistant line with a short -term target of at least 10%+ from here.
The project name is Kontos, yesterday it produced a candle of +430%. This is a bullish signal that affects the entire Cryptocurrency market, it is happening after this pair produced a new All-Time Low. This signal reveals how strongly the market will grow when it starts to move in full force. All loses will be recovered. After the recovery we will experience long-term growth. The Altcoins market is waking up. This is proof. And this is only the start. Namaste.