XAU/USD Trend Today - Wide and Unpredictable Trading Range

4月3日

🔔🔔🔔Gold news:

➡️ The price of gold (XAU/USD) continues its decline after reaching an all-time high on Thursday, though it remains above the $3,100 level in early European trading. Optimistic traders are taking profits and scaling back their positions amid mildly overbought conditions. However, persistent concerns over potential economic harm from President Donald Trump's reciprocal tariffs are expected to support the safe-haven appeal of the precious metal.

Personal opinion:

➡️ The effects of the gold price increase are too much. Therefore, the current decline in the gold price to the 3125 area compared to the peak of 3167 is just profit-taking by buyers. Consider strong technical resistance - support zones to get the best profit for you

➡️ Analyze based on resistance - support levels and Pivot points combined with EMA to come up with a suitable strategy

Resistance zone: 3137 - 3150 - 3165
Support zone: 3113 - 3100 - 3184

Plan:
🔆Price Zone Setup:

👉Sell Gold 3150 - 3148 (Scalping)
❌SL: 354 | ✅TP: 3145 - 3142 - 3139

👉Sell Gold 3165- 3167
❌SL: 3172| ✅TP: 3160 – 3155 – 3150

👉Buy Gold 3086- 3084
❌SL: 3079| ✅TP: 3090 – 3095 – 3110

👉Buy Gold 3100- 3102 ( Scalping)
❌SL: 3095 | ✅TP: 3106 – 3112 – 3120

FM wishes you a successful trading day 💰💰💰

4月3日

交易進行

check gold
Hit + 110 pips from Buy 3086
congratulation

4月4日

手動結束交易

Market is expected to move sideways today after a very volatile move yesterday. Today is a day of correction and stabilization waiting for NF news from the US.

Watch the technical zones to be able to make good profits for you