Gold Spot / U.S. Dollar
Long
Updated

Gold Surges to All-Time High: Navigate Volatility with Confidenc

🌍 Market Overview:
Gold reached a record high at the start of the week, fueled by safe-haven flows after U.S. President Donald Trump announced a 25% tariff on Canada and Mexico and a 10% tariff on China.
USD Index (DXY): After a strong rally, DXY retraced to fill its liquidity gap, and technical analysis suggests a potential continuation of the uptrend in the coming days.
Market Sentiment: Concerns over trade wars and rising inflation are major factors supporting gold prices. However, geopolitical uncertainty is causing significant market volatility.

📈 Key Levels for the Asian Session:
Main range: 2822 - 2808.
Trading strategy: Monitor price action at the short-term support and resistance zones. Wait for breakout and retest signals to determine trading direction.

💡 Trading Strategies:
BUY SCALP:
Entry: 2786 - 2784
SL: 2780
TP: 2790 - 2794 - 2798 - 2803 - 2806 - 2810

BUY ZONE:
Entry: 2774 - 2772
SL: 2768
TP: 2778 - 2782 - 2786 - 2790 - 2795 - 2800

SELL SCALP:
Entry: 2830 - 2832
SL: 2836
TP: 2825 - 2820 - 2815 - 2810

SELL ZONE:
Entry: 2848 - 2850
SL: 2854
TP: 2843 - 2840 - 2835 - 2830 - 2826 - 2822

⚠️ Key Notes:
The market remains highly volatile due to escalating trade tensions. Exercise caution when trading.
Always adhere to TP/SL levels to protect your account.
Stay updated on key indicators and news to adjust strategies promptly.
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Trade active
🚀 Gold Skyrockets to New Heights – Is $3,000 Next? 🚀
🔥 Gold has hit yet another All-Time High (ATH), reflecting the heightened concerns of investors over global economic uncertainties. As markets like crypto and U.S. stocks suffer due to geopolitical tensions and escalating trade wars, gold stands out as the safest haven for capital in turbulent times.

📈 Admin's Perspective:
As previously analyzed, SELL is no longer an optimal option in the current market. The ongoing bullish wave in gold is far from over, fueled by intense market FOMO, breaking through every resistance level and invalidating traditional technical patterns like the ELLIOT wave. This underscores the immense buying pressure driving gold prices higher.

📊 Important Notes:
🔹 Protect your capital: With such high market volatility, preserving your funds should be the top priority.
🔹 Follow TP/SL strictly: Avoid taking unnecessary risks without clear stop-loss levels.
🔹 Await new economic data: Admin will provide timely updates and trading strategies based on the latest economic developments and indicators.

💡 Admin's Advice:
"Trading is not as hard as you think – all you need is consistency and discipline to succeed!" 🛡️ Stay sharp and focused on your trades. 🚀

💛 Thank you to everyone who continues to trust and follow KevinNguyen-SimpleTrade. Let’s keep building success together and prepare for the next big opportunities!

👉 GOODLUCK & STAY SAFE!

💬 Share your thoughts below on the current gold trend and let’s discuss! ⬇️
📍 Check out the chart here for a detailed analysis:
🔗 snapshot

Disclaimer