GOLD Daily Analysis ⚡
Date: April 2, 2025, 10:53AM (GMT+7)
Current Price: $3,125.68
Previous Week High (PWH): $3,086.83
Previous Week Low (PWL): $3,002.32
Market Overview ⚡
Based on the analysis of the 15m, 1H, 4H, and Day timeframes, the following observations were made:
- Short Term (15m, 1H):
- High market volatility with mixed buy and sell signals.
- Money Flow shows alternating buy and sell pressure.
- Trend Strength shows a mix of green and red clouds.
- Medium Term (4H):
- Overall uptrend, but showing signs of slowing down.
- Money Flow still has accumulated buying pressure.
- Short-term EMA is above the long-term EMA.
- Long Term (Day):
- Strong and clear uptrend.
- Money Flow continues to show strong buying pressure.
- Trend Strength shows a covering green cloud.
- Summary:
- Short term: Volatile (60%)
- Medium term: Uptrend but slowing (70%)
- Long term: Strong uptrend (80%)
- Today: High volatility (75%)
Daily Trade Setup (Examples)
1. Long Position (Short Term)
- Enter: 3,120
- TP: 3,130
- SL: 3,115
- RRR: 2:1
- Explanation: Wait for price to retrace to support around 3,120, enter a buy position, target 3,130, and set a stop loss at 3,115 to limit risk.
2. Short Position (Short Term)
- Enter: 3,130
- TP: 3,120
- SL: 3,135
- RRR: 2:1
- Explanation: If resistance at 3,130 holds, consider a sell position, target 3,120, and set a stop loss at 3,135.
3. Long Position (Long Term)
- Enter: 3,110
- TP: 3,150
- SL: 3,090
- RRR: 2:1
- Explanation : Wait for price to retrace to support around 3,110, enter a buy position, target key resistance at 3,150, and set a stop loss at 3,090 to limit risk.
Tools Used: SMC, ICT, Buyside & Sellside Liquidity, Money Flow, EMA, Trend Strength, Chart Pattern, Price Pattern, Premium/Discount Zone, Trend Line, Fibonacci Retracement, Elliott Wave, Dow Theory.
Disclaimer: This analysis is for personal opinion only and does not constitute investment advice. Investors should conduct further research and make decisions with caution.