GOLD ANALYSIS – NEW ATH AFTER TRADE TARIFF SHOCK!

3 Apr

📊 GOLD ANALYSIS – NEW ATH AFTER TRADE TARIFF SHOCK!
Former U.S. President Donald Trump has officially announced a comprehensive global tariff policy, targeting multiple countries and regions. This unexpected move triggered strong risk-off sentiment, resulting in:

📉 Massive asset sell-offs
💵 A sharp decline in USD strength
🪙 And another all-time high (ATH) for GOLD

Gold broke out aggressively from a long-standing sideways triangle pattern, confirming strong bullish momentum. The counter-tariff reactions from other countries were far more aggressive than forecast, further fueling gold’s safe-haven appeal.

🔍 Technical Perspective
Yesterday, we successfully identified and traded within the triangle pattern by connecting recent highs and lows. The breakout came exactly as expected, especially nearing the end of the consolidation range — a classic price behavior traders should always watch for!

Now that the breakout has occurred, our focus shifts to BUYING on a retest of the breakout zone. Early entries during the Asian and European sessions are preferred, while we’ll reassess during the U.S. session due to upcoming economic data.

🔔 Note: With major events like Nonfarm Payrolls (NFP) coming soon, stay alert for volatility and unexpected moves.

📌 Key Resistance Levels:
3167 (ATH) - 3175 - 3185 - 3198 - 3206 (psychological/Fibonacci extensions – wait for candle confirmation)

📌 Key Support Levels:
3140 - 3132 - 3120

🎯 Trade Setups
BUY ZONE: 3132 – 3130
Stop Loss: 3126
Take Profits: 3136 – 3140 – 3144 – 3148 – 3152 – 3156 – 3160

SELL ZONE: 3185 – 3187
Stop Loss: 3191
Take Profits: 3180 – 3176 – 3172 – 3168 – 3160

⚠️ Final Notes:
The uptrend is clearly dominant — no need to FOMO sell at current highs. Be patient, wait for the market to reach key resistance zones (psychological or Fibonacci-based), then reassess.

📌 Avoid overtrading or aggressive selling — the tariff announcement is a global macro driver with deep market impact.

We’ll wait for Friday’s NFP to reassess broader sentiment.

As always: Respect your TP/SL levels to protect your capital.
Stay safe & trade smart! 💼📈

3 Apr

Dagangan aktif

📊 GOLD PLAN UPDATE – After a Sharp Pullback From the Highs
Gold has just gone through a strong correction from the recent peak zone, showing signs of profit-taking after hitting major resistance.

This pullback offers a potential opportunity to rejoin the bullish structure at key support areas, while still respecting the volatility caused by recent macroeconomic tensions.

Let’s update our intraday zones below 👇

🔻 Key Support Levels:
3140 - 3132 - 3120 - 3112 - 3106 - 3100

🛒 TRADE PLAN
🟢 BUY ZONE: 3112 - 3110
🛑 Stop Loss: 3106
🎯 Take Profits: 3116 – 3120 – 3124 – 3128 – 3132 – 3136 – 3140

🔴 SELL ZONE: 3167 - 3169
🛑 Stop Loss: 3173
🎯 Take Profits: 3162 – 3158 – 3154 – 3150

🔔 Reminder: Avoid chasing entries at extreme zones — let price come to your key levels and look for reaction first.

Stay flexible and manage risk tightly as we head into more data this week. 💼💡