Non-farm data is released, and gold is still going to fall.
📌 Gold information
Today, the market will usher in the heavy non-farm data for April. From the expected value, there are only 130,000 people, far lower than the expected 228,000 people, and the unemployment rate remains at 4.2%.
If we refer to the unsatisfactory ADP data in April, then the number of non-farm people in April should have declined, or it is lower than expected, but the ADP data cannot fully correspond to the final non-farm data. This is the answer given to us by too many experiences in the past, so it cannot be concluded that the non-farm data this time will be lower than expected.
📊Comment analysis
Combined with the technical aspect, the strong technical pressure above the international gold price is around 3280, and then the 3300 mark. Even if it rebounds next, the pressure of the above two prices cannot be broken, and there is still a probability of a pullback adjustment. The initial support below is 3230, and after breaking through the position, it will follow the trend to explore 3205.
💰Strategy Package
If today's non-agricultural data cannot provide strong support for gold prices, the rise in gold prices in the short term will be difficult to sustain. The specific decision can only be made after the final release of the afternoon data and the guidance on prices. The trend fluctuations tonight will be very intense. Remember to strictly control your positions to prevent risks.
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
Goldlongterm
NF shows a volatile downward trend
📌 Gold Information
China's Ministry of Commerce announced on Friday that the United States has recently initiated communication through official channels, expressing interest in restarting tariff negotiations. Beijing is currently evaluating the proposal, which has sparked optimism that a solution to the long-standing tariff deadlock between the world's two largest economies is imminent.
New hopes for a breakthrough in trade negotiations helped the dollar rise to a three-week high on Thursday, pushing gold prices down towards the $3,200 mark. However, the dollar's bullish momentum remains weakened as the market increasingly digests expectations that the Federal Reserve may cut interest rates further, especially with the closely watched US non-farm payrolls data about to be released.
📊Comment Analysis
NF news volatility is certain, having accumulated significantly since last week. Gold price confirmed the trend after breaking through 3267, and fluctuated downward below 3200
💰Strategy Package
TP1: $3290
TP2: $3280
TP3: $3270🔥
Buy gold area: $3175 - $3177 SL $3170
TP1: $3185
TP2: $3200
TP3: $3210⭐️
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
Technical analysis of short-term gold operations!!!On Wednesday, the gold price generally showed a downward trend. The highest price rose to 3327.91 on the day, and the lowest price fell to 3266.79, closing at 3288.16. In view of the fact that gold fell under pressure during the early trading on Wednesday and broke through the four-hour and daily support as expected, and then the US market rebounded again and came under pressure, and finally ended in a big negative state at the daily level. The price has fallen below the daily support, so we need to pay attention to the continuation of the band decline in the future.
From a multi-cycle analysis, first observe the monthly rhythm. The price rose for three months in the early stage and then a single-month correction appeared. Recently, it has risen for four months and then a single-month correction appeared. Therefore, according to the rhythm, four consecutive positives have appeared. For May, we must pay attention to market risks. From the weekly level, the gold price is supported by the support level of the 3040 area. From the perspective of the medium-term, we can continue to maintain a bullish view, and the price drop is only a correction in the medium-term rise. From the daily level, the current price resistance is in the 3007 area, which is the key watershed of the band trend. If the price is below this position, the subsequent band will be treated as short. At the same time, for the short-term four-hour price resistance, it is around 3290, so the subsequent price will be treated as short under the four-hour resistance. In general, the price can be treated as short under the four-hour resistance and the daily resistance.
Gold 3213 and 3272 are space switching points
📌 Gold information
The US non-farm payrolls report released this Friday (May 3) will become a market vane. If the employment data deteriorates significantly (such as the sharp drop in private employment growth shown by ADP), it may strengthen the expectation of interest rate cuts and promote the rebound of gold; on the contrary, if the data is stable, the US dollar may further suppress the price of gold.
The intraday decline in gold prices seems to be partly driven by technical selling pressure, after gold prices decisively fell below the key support level of $3,265-3,260. However, due to the unexpected contraction of US GDP and the intensification of signs of slowing inflation, the market's expectations for further interest rate cuts by the Federal Reserve (Fed) have increased, and the US dollar (USD) has found it difficult to maintain any significant rebound.
📊Comment Analysis
Gold price rose strongly by $544 in April. It entered the mode of space sweeping and adjustment from the confirmation of 3500. The next move is to sweep the range of the large range, starting at at least $40, and the range is $100, sweeping back and forth
💰Strategy Package
🔥Sell gold area: 3270-3272 SL 3277
TP1: $3260
TP2: $3250
TP3: $3240
🔥Buy gold area: $3178 - $3176 SL $3171
TP1: $3185
TP2: $3200
TP3: $3210
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
Gold is forming a head and shoulders pattern!Analysis and interpretation:
Gold prices have been on a strong upward trend since the beginning of 2025. The daily chart shows that gold prices have climbed from around $2,600 to around the $3,500 mark. Recently, gold prices have formed a consolidation trend in the range of $3,260 to $3,380, indicating that the bulls and bears are fighting fiercely here. It can be seen from the K-line chart that gold prices fell back after hitting a record high of $3,499.83 in April, but then gained support and rebounded at $3,260.
The Bollinger Band indicator shows that the upper track is at $3,465.75, the middle track is at $3,191.92, and the lower track is $2,918.08. The current price is running between the upper and middle tracks, indicating that the medium-term upward trend is still maintained. Although the gold price may fluctuate in the range of $3,260 to $3,380 in the short term, the overall upward trend has not changed.
The MACD indicator shows that DIFF is 81.35, DEA is 84.74, and the MACD value is -6.80. The histogram shows a shrinking state, indicating that the upward momentum has weakened, but no obvious short signal has been formed. The RSI indicator is around 58.81, which is in the neutral to strong area, and has not reached the overbought or oversold level, and there is still room for growth.
XAU/USD(20250430) Today's AnalysisMarket news:
The European Central Bank expects prices to rise 2.9% over the next 12 months, up from 2.6% in February, according to a monthly survey released on Tuesday. This is the highest level since April 2024. The three-year indicator rose slightly to 2.5%. The ECB's first five-year forecast was 2.1%.
Technical analysis:
Today's buying and selling boundaries:
3321
Support and resistance levels
3370
3352
3340
3303
3291
3273
Trading strategy:
If the price breaks through 3321, consider buying, the first target price is 3340
If the price breaks through 3303, consider selling, the first target price is 3291
Gold falls as expected, awaiting guidance from ADPGold continued to fluctuate in 1 hour. Now, the gold fluctuation is most likely a relay of decline. Gold rebounds and continues to be short. The gold 1-hour moving average gradually begins to stick together, but it is still diverging downward. If it continues to cross downward to form a dead cross, then there is still room for gold shorts to fall. Gold hit a high twice and was suppressed by the 3330 line. Today, gold continued to be short at highs under the pressure of 3330.
Gold bulls continue to rebound every time. Now gold bulls obviously have no confidence in further rise, so gold shorts take the opportunity to exert their strength. Gold is still the home of shorts, and gold rebounds and continues to be short.
US trading operation ideas:
Gold 3320 short, stop loss 3330, target 3300-3290;
Gold fluctuates and is bearish, waiting for NF
📌 Policy factors
Gold prices (XAU/USD) continued to fall, falling to $3,310 in the current European session on Wednesday, as signs of improved global risk sentiment and easing trade tensions curbed demand for safe-haven assets. Market participants remained cautious ahead of the release of major US economic data, including ADP employment changes, core PCE price index and first quarter GDP preliminary values, all of which are scheduled to be released later today.
It is reported that President Trump suddenly signed an executive order to provide automakers with up to 15% tariff rebates to ease the impact of his auto tariff policy. Even more unexpectedly, US Commerce Secretary Lutnick revealed that a trade agreement had been reached secretly with a certain country. These major changes immediately triggered a strong market reaction.
📊Comment Analysis
Gold price maintains the accumulation range of 3265-3360, temporarily stable and waiting for large fluctuations
💰Strategy Package
🔥Sell gold area: 3368-3370 SL 3375
TP1: $3350
TP2: $3340
TP3: $3330
🔥Buy gold area: $3264-$3262 SL $3257
TP1: $3280
TP2: $3300
TP3: $3318
🔥Buy gold area: $3285-$3283 SL $3280 scalping
TP1: $3290
TP2: $3295
TP3: $3300
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the capital account
- Stop loss is 1-3% of the capital account
Gold maintains a volatile range, pay attention to subsequent breOn Tuesday, the gold price generally showed a downward trend. The highest price rose to 3348.45 on the day, and the lowest price fell to 3299.49, closing at 3316.95. On Tuesday, gold was under pressure during the early trading session, and then the price continued to fluctuate during the European and US trading sessions. Overall, the price is still running within the fluctuation range, but once the daily support is broken, it is expected to break the lower edge of the range.
From the multi-cycle analysis, first observe the monthly rhythm. The price rose for three months before and then a single-month correction occurred. Recently, it has risen for four months and then a single-month correction occurred. Therefore, according to the rhythm, April is generally bullish, but for May, we must pay attention to market risks. From the weekly level, the gold price is supported by the support level of the 3040 area. So from the perspective of the mid-line, we can continue to maintain a bullish view. From the daily level, the current price is supported by the 3004 area support. This position is the key watershed of the band trend. The market will further break down in the future, so it will be focused on in the future. At the same time, for the short-term four-hour price, it has been fluctuating up and down at the four-hour key position recently. Pay attention to the resistance of 3387 and 3370 on the top, and the 3260 area on the bottom. Before the data, the market as a whole tends to fluctuate temporarily. After breaking through the daily support, pay attention to the performance of breaking down the lower edge of the range.
Shorting opportunities are coming near 3330 in the US market!
📌 Driving events
Because the easing of US-China trade tensions has weakened gold's safe-haven appeal, while investors are waiting for US economic data to assess the Fed's policy direction. Gold has been in a range recently as the market now waits for details of the first trade agreement, which is expected to be announced this week or next week.
📊Comment analysis
Gold reached a turning point last week, with Trump making some very positive comments, while stagflation risks continued to be excluded, and gold continued to fall. Stagflation pricing has driven gold prices higher, and as the market begins to exclude this risk, it is normal for a correction to occur, especially considering that "long gold" has become one of the most crowded trades.
💰Strategy Package
Short position:
Actively participate around 3330 points, profit target around 3300 points
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
Gold's shock trend and interpretation of US market thinkingGold continues to fluctuate, we continue to look down in the European session, try long orders near 82;
2025-4-29 Tuesday Gold Asia-Europe long and short strategies
The market is always changing, the only constant is the existence of risks.
Keeping the principal is always the first principle.
◆Short order◆
Aggressive: short near 3356, stop loss 7 points, short at 62-68 after breaking,
Stop loss: stop loss 7 points each, or unified stop loss 77. Target: 3286-69-54-42, continue to reduce holdings after breaking
◆Long order◆
Aggressive: long at 82, stop loss 7 points, long at 75-70 after breaking,
Stop loss: stop loss 7 points each, or unified stop loss 62. Target: 98-06-12, continue to reduce holdings after breaking;
Steady: 66 long, stop loss 7 points, 58-52 long after breaking,
Stop loss: 7 points for each stop loss, or a unified stop loss of 42. Target: 98-06-12, continue to reduce holdings if the position breaks;
【Today's long orders must be promptly protected after profit, and the next position will be entered after the principal is protected】
Stop loss is determined according to your actual tolerance. Protect in time after profit, and enter the next position after protection】
★ Pattern analysis and attention:
Daily strategy ideas: Asia and Europe, our current price 06 long orders are also given to around 22 as expected. We are still bearish if the resistance is not broken, and try 82 long orders
【Reference: Russia-Ukraine peace talks, US-Japan tariff negotiations】
【Data: wholesale inventory rate, consumer confidence index, job vacancies】
☆ There is a delay in posting, and the final operation is based on real-time strategy and current price orders. Please continue to pay attention;
☆ Strategy orders are divided into warehouses, and the total position shall not exceed 20%;
Gold is still volatile, buy at 3298-3305 in the US market
📊Comment analysis
Gold prices need economic news to break through the sideways price range of around 3300. Today, continue to wait and see around 3310, waiting for the right time to enter the market in time.
💰Strategy package
Long positions:
💲Actively participate in gold around 3298-3305 points, with a profit target around 3320 points
Short positions:
💲Actively participate in gold around 3320-3330 points, with a profit target around 3303 points
💢Precise sniping, follow the trading strategy = easy money
Risk aversion eases, gold continues to fluctuateSpot gold prices (XAU/USD) fluctuated and fell, approaching the $3,300 mark, continuing the weak trend of the previous trading day.
From the daily chart, gold prices have fallen from their historical highs and are currently approaching the 38.2% Fibonacci retracement level (US$3,300-3,290). The key support level below is concentrated in the $3,265-3,260 range, which is also the previous consolidation range. If it falls below, it will open up the space for a 50% retracement level (US$3,225) or even $3,200.
In terms of technical indicators, the MACD indicator shows signs of a dead cross, and the green kinetic energy column expands moderately, indicating that short-term bears still have the initiative; the RSI indicator is still oscillating near the 50 axis, and has not yet shown extreme oversold, indicating that the downside space may be limited. Once the price rebounds, the initial resistance above is seen at $3,348-3,353.
After the breakthrough, it is expected to re-challenge the $3,400 mark, and even attack $3,425-3,427.
If the US PCE inflation and non-farm data weaken this week, it will further support the re-entry of gold bulls.
Interpretation of the short-term operation ideas of shopping4-hour trend will not hit the high point within this 4-hour period, so currently we can focus on the morning high point and yesterday's high point 3348-3353. Currently we can focus on the support near 3316.
First point: After the 4-hour high closed with a small positive column yesterday, a big negative column fell in the morning, indicating that the price will continue to bottom out in the short term. Therefore, we can arrange short orders below yesterday's high point 3353-3348 in the white session, so 3340-44 is the best shorting point.
Second point: Because the price rose to 3336 after yesterday's high of 3302 and only retreated to 3319, the support of 3316-17 still exists. The point we focus on in the Asian and European sessions is when 3316-17 will break.
Third point: In the event of an accident, the price directly pulls back and breaks the high point, then the next short position is 3370-72; I think this probability is small. Then if it breaks 3315-16, we need to find a low position to go long. Then 3300-3288 and 3273 in yesterday's Asian and European sessions are the long positions. We can use small stop losses to bet on long positions.
Strategy:
Short at 3340-44 during the Asian session, defend at 3353, target at 3330-3320, break at 3315 and target at 3300-3290
Short at 3370-72, defend at 3378, target at 3350
After breaking 3315, short at 3300-328-3276 with a small stop loss of 5-6 US dollars, target at 3305-3350-70
Gold fluctuates within a wide range, and may stop falling as it On Tuesday, gold trading relied on the 3310 support level to directly go long, and the near-point pressure area of 3360/80 was bullish. The long logic of gold as a "safe haven trump card" is beyond doubt. The small cycle adjustment is only the accumulation stage. Once it starts to explode, it will be unstoppable. Recently, when gold touched 3500 again, there was a market view of "suspected top". It is recommended that all investors maintain their composure-the short-term adjustment is insignificant compared to the entire rising cycle. This time, the price retreated from 3500 and corrected by about US$240, which is still within a reasonable range relative to the previous increase. It is emphasized again that it is not recommended for investors to be bearish on gold in the long term, or to subjectively determine that 3500 has become the top. Such psychology is prone to trading deviations and even breeds a dangerous mentality of short orders to bear losses, which is the root cause of long-term losses.
In the early trading of the day, a 3310 long strategy has been deployed, and it is suggested that 3315 can be entered into the long position during the trading session. The current position is in market fluctuations. The current uptrend will first focus on the recovery of the 3340/45 line, and the opening price pressure level should be paid special attention to, especially during the Asian and European sessions. If the Asian and European sessions maintain a shock correction pattern, the support level will continue to be relied on for game play; if the uptrend effectively breaks through 3340/45 and stabilizes, the handover period between the European and American sessions is expected to explode to the 3380 line, or even challenge a higher price range.
Gold is stuck in the 3300 area, when can it break through?
📊Comment Analysis
Gold prices need economic news to break through the sideways price range around 3300. Today, we will continue to wait and see around 3300, waiting for the right time to enter the market.
💰Strategy Package
Long positions:
💲Actively participate in gold around 3300-3310 points, with a profit target around 3330 points
Short positions:
💲Actively participate in gold around 3330-3340 points, with a profit target around 3310 points
💢Precise sniping, follow the trading strategy = lying down and making money
Gold prices bottomed out and rebounded, market trend analysis.Analysis of gold trend: From the perspective of market sentiment, interest-free gold as a safe-haven asset has performed strongly this year, with prices soaring by nearly $700 and hitting record highs several times. However, the recent optimistic expectations of easing global economic and trade relations have boosted market risk appetite, and the equity market has generally performed positively. Some funds have flowed out of safe-haven assets such as gold and turned to risky assets, which is also the main psychological factor under pressure on gold prices. If market risk appetite continues to improve, global economic and trade relations further ease, and the US dollar strengthens, gold prices may face greater downward pressure. From a technical point of view, the gold price needs to effectively fall below the $3,265-3,260 range in the short term before a larger correction downward may be confirmed. Once confirmed to fall below, the gold price may quickly fall to the 50% retracement level near $3,225, further pointing to the $3,200 mark. If $3,200 is lost, it will suggest that gold may have peaked in the short term.
Gold opened higher in the Asian session on Monday and continued to fall last week after hitting 3336. The idea of the Asian session was to directly bearish at the analysis point of 3277. After hitting the lowest point of 3268, it fluctuated upward. The European session also fell to 3273 and then rebounded. The highest point in the US session just reached 3336 again, a standard bottoming and rebounding trend. Since it is an adjustment structure, let's re-analyze the idea. The gold price fell at 3500 and rebounded at 3260 last Wednesday. The rhythm was volatile. It rebounded above 3260 many times below and did not cross the first rebound high of 3367 above.
Today, we mainly focus on the closing price. If it stands firmly at the 3313 line, we will adjust our thinking on Tuesday. On the contrary, it will fall back after encountering resistance at 3336, today's opening high, and go to 3278. On Tuesday, we will continue to look at the idea of swinging and falling. Now it is the end of the market, and the market is also falling from a high.
Gold prices fell at the beginning of this week
🌐Drivers
Gold prices fell slightly to $3,310 in early Asian trading on Monday, retreating from the record high set last week as signs of easing global trade tensions grew.
According to Reuters, U.S. Agriculture Secretary Brooke Rollins revealed on Sunday that the Trump administration is in daily consultations with China on tariffs. Rollins also stressed that agreements with several other countries are "very close" to being finalized.
"The news suggesting a possible partial exemption from retaliatory tariffs further boosted market sentiment and caused gold prices to fall below the $3,300 mark," said Tang Yuxuan, a strategist at JPMorgan Private Bank.
📊Commentary Analysis
At the beginning of this week, gold prices were mainly sideways, without much news impact, trading around 3,300 points, and gradually falling back.
🔷Technical side:
For the current gold, the 1-hour chart is fluctuating widely between 3,300-3,270, and is currently at $3,276.
✔Operational suggestions, keep short-term trading:
Bearish strategy:
If the gold price rebounds to the range of 3320-3330 US dollars, you can try to short, with a target of 3280 US dollars and a stop loss of 3335 US dollars.
Bullish strategy:
If the gold price falls to the support of 3260-3270 US dollars, you can go long with a light position, with a target of 3330 US dollars and a stop loss of 3275 US dollars.
💥Risk warning
Liquidity risk: The market may be bearish in early May, and price fluctuations may be amplified.
Policy black swan: Trump may suddenly make tariff policies or personnel changes at the Federal Reserve, causing violent market fluctuations.
Technical false breakthrough: There are a large number of stop-loss orders near 3350 US dollars, and you need to be wary of reversals after inducing more.
Summary:
This week, the gold market will be affected by geopolitics, Federal Reserve policies and the trend of the US dollar. The fluctuation range is expected to be between 3260 and 3350 US dollars. Investors need to pay close attention to key support and resistance levels and adjust their strategies flexibly.
Gold fluctuates at high levels, waiting for adjustmentGold fell back after a cyclic rise in the morning, and the price lost today's starting point. The current position is near the starting point of Friday! If the Asian session cannot bottom out and rebound, then we must be careful of further declines to 3260 in the European session to test around 3230. This position will not be reached soon, but after the loss of the key position, the momentum below will gradually open up, so today the long position is at 3260.
This week's data reference: Wednesday's ADP employment report, Friday's non-agricultural data
Recent fundamental news is complicated, and the fluctuations in the past two weeks are relatively large compared to before. The fluctuations in a single day will basically exceed 100 US dollars, so we must pay attention to strict loss control in operations.
Intraday view: After a short-term retracement, the first pressure level: 3315-17 top and bottom conversion position Strong pressure focus: 3337-43
If it can't reach the support, it's still at 3260. If it breaks down, the US session will look for a position to fall back.
Gold is trapped in the 3260-3370 box shock!
🌐 Driving factors
US President Trump will be in office for 100 days in his second term. On April 27, local time, a new poll jointly conducted by ABC, The Washington Post and Ipsos Group showed that Trump's approval rating for the first 100 days in office was 39%, which was 6 percentage points lower than in February this year, and set the lowest approval rating for the first 100 days in office of all US presidents in the past 80 years.
The results of the Russian-Ukrainian negotiations are not optimistic, and the geopolitical situation is tense.
📊 Commentary analysis
The recent gold fluctuations are really violent and very fast. If you hesitate a little, you will basically miss the market. If you are too anxious, you will easily hit the stop loss. Now the fluctuations in a few hours are higher than the amplitude of the past month. The stop loss of 3-5 US dollars can be easily swept. The market is changing, and the corresponding stop loss should also be enlarged.
🔷 Technical side:
For the current gold, the 1-hour chart card fluctuates widely between 3260-3370, and is currently at 3290 US dollars.
✔Operational suggestions, keep short-term trading:
Bearish strategy:
If the gold price rebounds to the range of 3350-3360 US dollars, you can try to short, with a target of 3290 US dollars and a stop loss of 3365 US dollars.
Bullish strategy:
If the gold price falls to the support of 3260-3270 US dollars, you can go long with a light position, with a target of 3340 US dollars and a stop loss of 3255 US dollars.
💥Risk warning
Liquidity risk: The market may be bearish in early May, and price fluctuations may be amplified.
Policy black swan: Trump may suddenly make tariff policies or personnel changes at the Federal Reserve, causing violent market fluctuations.
Technical false breakthrough: There are a large number of stop-loss orders near 3350 US dollars, and you need to be wary of reversals after inducing more.
Summary:
This week, the gold market will be affected by geopolitics, Federal Reserve policies and the trend of the US dollar. The fluctuation range is expected to be between 3260 and 3370 US dollars. Investors need to pay close attention to key support and resistance levels and adjust their strategies flexibly.
Next week's ups and downs analysis and operation ideasGold closed with a long upper negative line in the weekly chart last week, and retreated to the lowest level of 3260 after being under pressure at the integer level of 3500. So can the decline continue next week?
First, let's look at a few weekend fundamental news: The Federal Reserve's financial report said that global trade wars and policy uncertainties are the biggest risks to financial stability, and have also led to concerns about the value of the US dollar in most countries. Secondly, the Federal Reserve officials made remarks that interest rates may be cut in June, and the geopolitical situation has become unstable, which has also provided some support for the price of gold in the short term.
Technical aspect: The bald positive line closed on Friday's 4-hour and 1-hour lines. If it opens flat at the beginning of the week, it is likely to continue the recent morning cycle recovery rhythm. Note: After the daily level suppressed the decline of 3500, it has been fluctuating in a large range for three consecutive trading days.
The upper and lower edges are relatively clear 3385-3260. According to the recent morning cycle recovery rhythm, the bullish momentum will basically be released before 10 o'clock. Therefore, if the market cannot continue to rise after 10:00 at the beginning of the week, the European session will continue to fluctuate downward. In particular, it cannot break through the upper edge of the daily oscillation cycle before 3385.
Operation: Open flat at the beginning of the week. Short-term support focuses on 3300. Strong support: 3260-70
Pressure level: Gains and losses of key pressure near 3385
Trump's remarks may cause a stir in gold
💲Let's comment on the price of gold next week from April 28, 2025 to May 2, 2025
🌐World situation
Earlier, it was reported that China has exempted some US goods from tariffs, a development that has suppressed the safe-haven appeal of gold.
But on the 25th, US President Trump told reporters on Air Force One that unless China makes substantial concessions, it will not cancel the tariffs imposed on China. Over the past week, the US has continued to send confusing and even contradictory signals on the issue of tariffs on China, and market sentiment has deteriorated.
On the 26th, after a brief meeting between US President Trump and Ukrainian President Zelensky in the Vatican, both sides also sent "positive" signals.
Will the Russian-Ukrainian conflict usher in a turning point?
The General Staff of the Ukrainian Armed Forces reported later that day that fighting in the Kursk region was still ongoing. The Ukrainian army held its ground and used a variety of weapons to carry out effective firepower strikes on the enemy, causing losses to the Russian army. The Ukrainian General Staff stressed that the Ukrainian troops were not surrounded and that Russia's statement on the end of hostilities in the region was "purely propaganda in nature." The Ukrainian General Staff also said that fighting by the Ukrainian army in local areas of Belgorod Oblast is still ongoing.
The escalation of the India-Pakistan conflict may also increase safe-haven buying of gold.
📊Comment Analysis
Earlier this week, investors withdrew $1.27 billion from the SPDR Gold Shares ETF, the largest single-day outflow since 2011. At the same time, gold prices hit an all-time high above $3,500, suggesting that there may be some profit-taking factors. In 2011, similar outflows coincided with the peak of gold's last super cycle, marking the beginning of a long period of consolidation for gold, which was not broken until 2020. But this does not guarantee that this will be a turning point, and there are still many positive factors at work, including trade uncertainty, safe-haven demand, central bank demand, and Wall Street's calls for further increases in spot gold prices.
Next week, the gold market will welcome the release of the World Gold Council's first quarter "Gold Demand Trends" report. In addition, US President Trump's 100th day rally on Tuesday may become an important window for gold prices to choose to test the 3,500 mark again or continue to fall from 3,300.
🔷Technical aspect:
Based on the resistance and support levels of gold prices in the H4 framework, Labaron has identified the following important key areas:
Resistance: $3357, $3498
Support: $3228, $3155
✔Operational suggestions
Short-term trading:
Bearish strategy:
If the gold price rebounds to the range of $3,330-3,350, you can try to short, with a target of $3,250 and a stop loss of $3,355.
Bullish strategy:
If the gold price holds the support of $3,260, you can go long with a light position, with a target of $3,330 and a stop loss of $3,240.
Long-term investors: Pay attention to the Fed's policy trends and geopolitical situation. If the gold price falls back to below $3,200, consider investing in batches.
💥Risk Warning
Liquidity risk: Market trading may be bearish in early May, and price fluctuations may be amplified.
Policy black swan: Trump may suddenly announce tariff policies or personnel changes at the Fed, triggering violent market fluctuations.
Technical false breakthrough: There are a large number of stop-loss orders near $3,350, so be wary of reversals after inducing more.
Summary:
Next week, the gold market will be affected by geopolitics, Fed policies and the trend of the US dollar, and the expected fluctuation range is $3,250-3,350. Investors need to pay close attention to key support and resistance levels and adjust strategies flexibly.
Analysis of gold price trend next week!Market news:
Spot gold fell nearly 1% on Friday, closing at 3316. Although the price of gold closed above 3300 this week, the trend of London gold prices this week can be described as ups and downs. Intraday transactions have fluctuated by nearly $100 many times. Under the situation of trade tensions, the market has a high risk aversion sentiment, pushing the international gold price above 3500. The easing of global tensions, especially between the United States and China or in Eastern Europe, may significantly reduce the demand for safe havens. Although this is not the base case in 2025, it is still an unexpected risk that traders must consider. In fact, after US President Trump hinted that tariffs on my country may be reduced! The positive risk tone weakened the demand for safe-haven assets. In addition, optimistic US macroeconomic data on Thursday supported the US dollar, which also hit gold prices. Next week, the gold market will welcome the release of the World Gold Council's first quarter "Gold Demand Trends" report. In addition, Trump's 100th day rally on Tuesday may become an important window for gold prices to choose to test the 3,500 mark again or continue to fall from 3,300. In the short term, gold prices may face technical corrections and profit-taking pressures, and the $3,260-3,300 area will be the key battlefield for long and short tug-of-war.
Technical Review:
From the perspective of market sentiment, interest-free gold as a safe-haven asset has performed strongly this year, and its price has soared by nearly $700 and refreshed its historical high several times. However, the recent optimistic expectations of easing global economic and trade relations have boosted market risk appetite, and the equity market has generally performed positively. Some funds have flowed out of safe-haven assets such as gold and turned to risky assets, which is also the main psychological factor under pressure on gold prices. If the market risk appetite continues to improve, global economic and trade relations further ease, and the US dollar strengthens, gold prices may face greater downward pressure and will first test the $3,260 support. If it fails, it may drop to $3,225 or even challenge the $3,200 integer mark. In addition, if the US economic data performs strongly, the market's expectations for the Fed's interest rate cut may further cool, which will also put pressure on gold prices. From the performance of the daily chart, the recent trend of gold prices has shown a high consolidation trend, and there has been a significant correction from the high point near $3,500. After hitting the low point of the week, gold prices rebounded to a certain extent, but the rebound strength was blocked near the 23.6% Fibonacci retracement level (about $3,368-3,370), which has now become an important short-term resistance. The weekly gold line is also a shooting star with a long upper shadow line at a high level. If gold does not have the support of big bullish news in the short term, then gold will still be under pressure at a high level in the short term, and the daily line is also down from a high level without a strong counterattack. Overall, there is still room for adjustment in the short term for gold.
Analysis for next week:
In view of the important trend of gold prices breaking through key points, the subsequent market will most likely continue to sell. From the current market structure, the position of $3260 has become the focus of the market. Investors need to pay close attention to whether the gold price can reach or even fall below this point. Once it effectively falls below, the selling trend will be further strengthened, and the market may usher in a deeper adjustment. The gold 1-hour moving average continues to sell, but after gold bottomed out near the first-line support of 3265, gold rebounded by more than 50 US dollars. Is this rebound a reversal? Not necessarily, because now it basically fluctuates by about 100 US dollars every day, and it is difficult to say that a rebound of 50 US dollars is a reversal. The strength of next week is the key. If the rebound of gold next week is not very strong, then gold will still fluctuate and sell. The resistance of the gold 1-hour moving average is near 3354, and the top of the gold negative line on Friday is near 3352. If there is no effective breakthrough of these two positions next week, it will still fluctuate and sell.
Operation ideas:
Buy short-term gold at 3275-3278, stop loss at 3267, target at 3310-3330;
Sell short-term gold at 3363-3366, stop loss at 3375, target at 3300-3310;
Key points:
First support level: 3300, second support level: 3285, third support level: 3260
First resistance level: 3327, second resistance level: 3343, third resistance level: 3366






















