1. Real-time market and core drivers Core driving factors: Countdown to tariff policy: The 10% base tariff signed by Trump on April 2 will take effect on April 5. Combined with the impact of automobile tariffs (25%) on the global supply chain, market concerns about inflation (expected to rise to 3.5%) and economic recession continue to ferment. The EU has launched a retaliatory tariff plan, which may further boost the safe-haven demand for gold. Geopolitical escalation: The situation in the Middle East continues to be tense. The US military deployed 6 B-2 stealth bombers to the Diego Garcia base and formed a double aircraft carrier strike group in the Red Sea; the Shandong ship of mainland China confronted the USS Carl Vinson in the Taiwan Strait, and the geopolitical risk premium provided support for gold prices. Central bank gold buying wave: Global central banks will net buy 1,045 tons of gold in 2024. SPDR Gold ETF holdings increased to 931.94 tons, a three-year high, indicating that institutional funds continued to inflow. 2. In-depth analysis of technical aspects Trend and structure: Monthly level: After gold price hit a record high of $3167, it formed a "head and shoulders bottom" pattern, and the measured increase pointed to $3200-3300. The Fibonacci extension level shows that $2250/2480/3200 constitutes a golden channel, and it is currently in the third wave of main rise. Daily level: The Bollinger band opening expanded to $120 (upper rail 3175, lower rail 3055), the RSI indicator is overbought (72) but no top divergence has occurred, and the MACD green column continues to expand, indicating strong bullish momentum. Key points: Support level: $3050 (Daily Bollinger band middle rail + Fibonacci retracement level). Resistance level: $3170 (historical high), $3200 (integer mark + weekly RSI critical value). 3. Long-short strategy and risk control Swing trading strategy: Entry: If the gold price breaks through $3170 and then falls back quickly, you can place a short order in the 3160-3150 range, with a target of $3130. Stop loss: $3180 (admit the mistake and leave the market after breaking through the historical high). Win-loss ratio: 4:1. Entry: Relying on the support of $3050, build positions in batches, first position (US$3155) + additional position (US$3165), the total position does not exceed 40%. Target: US$3130 (first stage), US$3150 (second stage). Stop loss: $3,135 4. Institutional views and outlook Goldman Sachs: Raised its gold price forecast for the end of 2025 to $3,300, emphasizing that central bank gold purchases (1,000 tons per year) and the Fed's rate cuts (58% probability in May) are the core driving forces. UBS: Maintains a target price of $3,200, pointing out that gold ETF fund inflows (net inflows of $23 billion in the first quarter) and geopolitical risks (Taiwan Strait, Middle East) will push prices to break through historical highs. Geopolitical risks: After the tariffs take effect on April 5, the EU may initiate retaliatory measures, coupled with the escalation of the situation in the Middle East, and the safe-haven demand for gold may further explode. 5. Key events April 5: Tariffs take effect, pay attention to EU countermeasures; April 7: US non-farm data (forecast to increase by 180,000); April 10: Federal Reserve meeting minutes.
After a severe beating by the USD especially the tumultous rise inflation, Japans currency is gonna look for some relief as Tariifs will clearly lead to an economic slowdown of U.S economy, as more cheap stuff from China and the emerging market will clearly look to rise and that may weigh on consumer sentiment. ? - Head abd Shoulders ?? - Price/RSI Deviation
Looking for a silver track price, is more quite silent and more sure in the next 10 years. This silver is the one team mates with gold. Where ever the gold price goes, silver will make a move. Forecast the silver is moving and making a cup formation. It may take years, or faster but it is depand on the global market financing economy. In the long run, silver will help to preserve the money value in times. If you are coming from Malaysia, Indonesia and Singapore and intrested with gold/silver investing. You can open an account via this link. https://publicgold.com.my/index.php?route=account/register My ID is : PG01108399
BINANCE:BTCUSDT Bitcoin put a massive Bearish Engulfing Candle yesterday, with high volume, which is very bearish, and now I’m expecting it to continue to decline. It also tends to follow the US Indices, which are heading lower. My target is about 70k, maybe even lower. Good luck to you
The asset will reach the target of 71.8%, which is the final peak before the reversal. (Not an investment recommendation)
English : According to our analysis, we anticipate a bullishscenario. Morocan Darija : kanchofo d'apres l'analyse dyalna antsanaw tloo3 ATENTION : I only share my ideas, not signals.
Looking at the CadJpy Chart i can see Price rejecting the Mayor Level 105.000 since Mid March, Now with time price has created some beautiful Market Structure, if we take a look at the Daily Or 4H chart there's a clean clear H&S Pattern printed at the Mayor Level 105. My Analysis for the next move on CadJpy is Price retesting the Monthly low of march ( 101.500 level ) because before price printed the H&S Pattern, price Broke Structure to the downside at the Mayor Level, Made a Higher Low For the Confirmation, and now price is retesting Previous Supply and Demand Zone ( 104. Level ) we do have some Strong news for CAD Friday April 4, I believe if the data does not come out good the the CAD price is gonna drop with some much momentum that the Daily FIB is gonna be fulfilled meaning i can see price drop all the way to 100. Level.
I have analyzed the crude with Gann method of price. I have also used trend and candlestick pattern. Then reached to this conclusion. Target is apple. And other level to watch for entry.
Right on the support line. Great time to buy for the long run.
Short term calls. Looking for a move to the upside to retest a resistance level of $320 area and see how it reacts. Crypto could be an outlier amidst tariff rhetoric. WSL