Technical Analysis of GOLD – April 14, 2025

From a technical standpoint, I observe that GOLD has entered a price zone that is still worth considering for potential entry points.

Let’s first take a look at the 1-hour time frame chart below before diving into the analysis:

Let’s analyze the chart using Price Action (Trader Pressure). The market trend indicates that GOLD remains in a bullish/uptrend condition. However, we must also be prepared for a possible trend reversal if the price breaks through the support area, or if it moves into a consolidation phase.

Looking at recent candlestick history, there are opportunities for Buy entries. But to keep things objective, I’ll provide analysis for both Buy and Sell scenarios.

On the chart, we can see that buyer pressure (long green candles) is gradually pushing the price higher, without much resistance from the sellers (shorter red candles), forming a series of Higher Lows. This indicates that buyers are still dominating the price action and key level formations. However, Sell opportunities may still arise within this GOLD commodity.

Based on the chart, I’ve identified the Resistance Area between 3295.91 – 3269.50, and the Support Area between 3196.51 – 3169.50.

Entry Setup Options – Adjust Based on Your Trading Style:

1. Breakout Opportunity Setup:

• If the 1-hour candle closes above the upper boundary of the resistance area (3295.91), look for the best Buy entry opportunity.

• If the 1-hour candle closes below the lower boundary of the support area (3169.50), look for the best Sell entry opportunity.

• For Buy entries, set a stop loss if the 1-hour candle closes below 3269.50.

• For Sell entries, set a stop loss if the 1-hour candle closes above 3196.51.

• Always use a minimum 1:1 risk-reward ratio.

2. Pullback Setup for Sell Entry:

• Use the resistance area as your pullback zone.

• If the 1-hour candle closes within this area, consider opening a Sell position.

• Set your stop loss above 3295.91, and apply a minimum 1:1 risk-reward ratio, according to your trading style.

3. Pullback Setup for Buy Entry:

• Use the support area as your pullback zone.

• If the 1-hour candle closes within this area, consider opening a Buy position.

• Set your stop loss below 3169.50, and apply a minimum 1:1 risk-reward ratio, tailored to your trading method.

Always apply good money management in every trade for long-term trading sustainability, and be cautious of fake breakout candles.

I hope this article serves as a helpful reference for your market analysis.

Happy Trading, everyone!

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GOLD Technical Analysis – April 10, 2025

From a technical standpoint, I see that Gold has reached a price level worth considering for potential entry setups.

Let’s first take a look at the 1-hour timeframe chart of Gold:

Now, let’s analyze using Price Action (Trader Sentiment) analysis. Currently, Gold appears to be in a bullish/uptrend condition. However, we must remain cautious of a potential trend reversal if the price breaks below the key support area or enters a consolidation phase.

Based on recent candlestick history, we can still look for buy opportunities, but to remain objective, I will present setups for both buy and sell entries.

Looking at the chart, we observe that buyer pressure (long green candles) is gradually pushing the price higher, uncontested by the seller pressure (shorter red candles), forming a pattern of higher lows. This indicates that buyers are still dominating the market and are establishing key price levels. That said, sell opportunities may still arise.

On the chart, I’ve identified the following key price levels:

• Resistance Area: Between 3136.06 – 3117.46

• Support Area: Between 3062.42 – 3045.34

Here are my suggested entry setups. You may adjust them to fit your trading style:

🔹 Breakout Opportunity Setup

• Buy Setup: If a 1-hour candle closes above the upper boundary of the resistance area (3136.06), prepare to enter a buy position.

• Sell Setup: If a 1-hour candle closes below the lower boundary of the support area (3045.34), prepare to enter a sell position.

• Stop Loss (Cut Loss):

  • For a buy entry: set stop loss if the 1-hour candle closes below 3117.46.

  • For a sell entry: set stop loss if the 1-hour candle closes above 3062.42.

• Always maintain a minimum risk-reward ratio of 1:1.

🔹 Pullback Opportunity Setup

Sell on Pullback:

• Watch for a price retracement to the resistance area.

• If a 1-hour candle closes within the resistance zone, consider entering a sell position.

• Place stop loss above 3136.06, and maintain at least a 1:1 risk-reward ratio.

Buy on Pullback:

• Watch for a retracement to the support area.

• If a 1-hour candle closes within the support zone, consider entering a buy position.

• Place stop loss below 3045.34, and maintain at least a 1:1 risk-reward ratio.

📌 Always apply proper money management in every trade to support long-term, sustainable trading. Also, stay alert for fake breakouts which may mislead your entries.

I hope this analysis can serve as a useful reference for your market decision-making.

Happy Trading, everyone!

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GOLD Technical Analysis – April 7, 2025

From a technical perspective, I see that Gold has now entered a price range that is still worth considering for potential entry points.

Let’s first take a look at the 1-Hour Time Frame chart below before diving into the analysis:

We will analyze this using Price Action (Trader Pressure). The overall market trend shows that GOLD remains in a Bullish / Uptrend phase. However, we also need to anticipate a possible trend reversal if the price breaks below the support area, or a period of price consolidation.

Looking at the candlestick history, there is potential for a Buy entry, but to remain objective, I’ll provide analysis for both buy and sell opportunities.

In the chart above, you can observe that Buyer pressure (represented by long green candles) is gradually pushing the price higher without significant resistance from Sellers (shorter red candles), forming a Higher Low structure. This indicates that buyers are still dominating the market and shaping key price levels. That said, there are still opportunities for Sell entries in Gold.

In the chart, I’ve identified:

• Resistance area at: 3074.84 – 3059.47

• Support area at: 3014.73 – 3000.50

Here are my suggested entry setups. You can adjust them to suit your trading style:

Breakout Opportunity Setup:

• If the 1-hour candle closes above the upper resistance boundary (3074.84), prepare to look for the best Buy entry.

• If the 1-hour candle closes below the lower support boundary (3000.50), prepare to look for the best Sell entry.

Cut Loss Rules:

• For Buy entries, cut loss if the 1-hour candle closes below 3059.47

• For Sell entries, cut loss if the 1-hour candle closes above 3014.73

Maintain a minimum risk-reward ratio of 1:1.

Pullback Setup for Sell Positions:

Use the resistance area as your pullback zone.

If the 1-hour candle closes within the pullback area, you may enter a Sell position, and cut loss if the 1-hour candle closes above 3074.84.

Apply a risk-reward ratio of at least 1:1 based on your trading style.

Pullback Setup for Buy Positions:

Use the support area as your pullback zone.

If the 1-hour candle closes within the pullback area, you may enter a Buy position, and cut loss if the 1-hour candle closes below 3000.50.

Apply a risk-reward ratio of at least 1:1 based on your trading strategy.

Always apply proper money management with every entry to maintain healthy trading practices, and stay alert for Fake Breakout Candles.

I hope this article can be a helpful reference for your market analysis.

Happy Trading, everyone!

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