Gold (XAUUSD) 30-Min Analysis – Key Levels & Trade Setup

2 Apr

Price Levels:

Current price: 3,126.01

Resistance: 3,136.82 (stop-loss level for short trades)

Support: 3,105.97 (target level for short trades)

Another resistance at 3,155.07 (target level for long trades)

Moving Averages:

EMA 200 (blue line): 3,095.57 – Long-term trend indicator; price is above, indicating a bullish bias.

EMA 30 (red line): 3,123.69 – Short-term trend indicator; price is currently near this level.

Trading Strategy:

The chart appears to be showing a possible short trade setup if price rejects resistance at 3,129.62 - 3,136.82.

If price moves below 3,123.69, it could indicate downside momentum toward 3,105.97.

Alternatively, a breakout above 3,136.82 could trigger a move toward 3,155.07.

Risk/Reward Analysis:

Short setup: Entry near 3,129.62, stop-loss around 3,136.82, target 3,105.97.

Long setup: Entry above 3,136.82, stop-loss below 3,129.62, target 3,155.07.

Conclusion:
Bullish Scenario: If price breaks 3,136.82, a move toward 3,155.07 is likely.

Bearish Scenario: If price stays below 3,129.62, it could drop toward 3,105.97.

EMA 30 as dynamic support/resistance: Watch for price reaction around 3,123.69.

2 Apr

Dagangan ditutup: sasaran tercapai