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The sun has risen and I'm 200% ready to conquer the trading screen with you all today. After yesterday's explosive day, our goal today is only one: CONTINUE WINNING! 🏅
Yesterday's price swept down to the 46xx region and then bounced back up to 47xx as expected, showing that the lower levels still have good support.
Today, lets continue to observe the reactions around the key areas, if there's a good setup, I'll update you immediately. Get ready to fight. Wishing everyone a successful trading day with abundant profits 🤘$XAUT
👉 These are all news items that strongly impact the USD → potentially causing rapid fluctuations in gold prices.
🔻 Please pay attention to the release times of the news, avoid placing orders before the news, waiting for the market reaction before following will be safer 🔥
This morning, reading the news about Iran left me feeling quite… confused. One side says an Iranian delegation has arrived in Islamabad, but Iranian media claims no one has yet departed for negotiations with the US.
Personally, I don't care which news is immediately accurate; what matters is how the market reacts. If negotiations actually happen and tensions ease, gold will likely be sold off. Conversely, if things remain unclear or don't happen, gold will have reason to hold its price, or even rise.
But my experience shows that when news like this appears, the market usually doesn't move straight up and down – it tends to fluctuate to gain liquidity before deciding on a direction.
So today, I'm not in a hurry. I'll observe further, wait for a clearer reaction, and then act.
🛫I see this price zone as being within a liquidity price reaction area where the price could reverse the trend.
🛫There is an imbalance here, indicating that the buying side is dominating in trading volume. Based on my analysis, the price could rise sharply from this entry point.$XAUT
Looking back at yesterday's chart, it was a really satisfying feeling that everything went exactly according to my trading plan from the beginning of the day.
From the moment I shared about the gap, I clearly stated the scenario: the price would tend to return to fill the gap first, then find momentum to reverse downwards, and in the end, the market followed the plan perfectly.
What I found important wasn't "guessing correctly," but having a clear plan to avoid being swayed while the price was moving. During the upward movement to fill the gap, there's always the urge to enter early, or doubt whether a reversal will happen… but without discipline, it's easy to get swept away by the market.
Anyone can have a winning trade, but a winning trade that follows the plan from start to finish is what makes me more confident in my system.
Today is the same: no need to look for too many opportunities, just wait for the right zone, the right signal. The market will always pay those with a clear plan and enough patience to see it through to the end #GOLD
Strongly higher-than-expected retail sales data → indicates strong consumer spending → Supports US, Puts pressure on gold
9:00 PM 🟠 Fed Chairman-Designate Warsh speaks The speech could cause significant volatility if there are signals about: Interest rates and Monetary policy.
Entry Sell Test : 4814 - 4816 Stop Loss : 4821 🏆 TP1: 4807 🏆 TP2: 4797 🏆 TP3: 4787 🏆 TP4: 4777 🛫I see a strong downtrend in price. If the price rises sharply and touches the supply zone, liquidity will be absorbed, and the price will reverse if this zone is maintained.
🛫The FVG zone needs to be filled, and when a correction is confirmed and there is a reaction here, the price may reverse. Selling at the price reaction zone is a safe and low-risk option. #GoldSignal
I saw your energy at the start of the week, very exciting! I just sent you today's trading plan. Please carefully observe the price levels and pay attention to the GAP
If you find it helpful after reading, please share it with your trading friends, and don't forget to TAP TAP my trading plan for today 🤘#GOLD
Gold opened the week with a sharp downward gap, falling from around 4,900 to below 4,750 due to pressure from a strong USD and concerns about the Fed maintaining a hawkish monetary policy amid rising oil prices and escalating US-Iran tensions.
However, gold subsequently recovered to the 4,800 region, indicating that buying pressure persists despite the volatile market.
🔹 Key influencing factors:
➤ Tensions in the Strait of Hormuz → support USD → put pressure on gold
➤ Rising oil prices → inflation concerns → Fed may keep interest rates high
➤ But expectations of US-Iran negotiations and the possibility of a Fed interest rate cut → support gold
🔹 Technical analysis:
Price has not yet broken through the important resistance zone (~4,814), buyers need to be cautious
Sellers still have a slight advantage Important support: around 4,759 – if broken, it could fall further
✔️ Conclusion: Gold is in a state of strong volatility and conflicting signals; the downtrend is not over but not strong enough → further confirmation is needed before following the trend
Opening the chart at the beginning of the week immediately revealed a fairly clear gap, and the market reacted exactly as it should, filling almost the entire GAP before continuing its movement.
Notably, after filling the GAP, the price didn't break further but instead saw buying pressure return, creating a fairly clear rebound. This indicates that the lower area has some support, not just a one-sided strong sell-off.
✔️ Currently, I'm viewing the market in two scenarios:
Scenario 1 (short-term): The price may continue to rebound to the upper area (the area before the gap occurred), because after filling, there is usually a "retest of the old structure."
Scenario 2 (main): If the price rebounds but fails to break the nearest supply zone → it's highly likely to be sold down again, retesting the bottom just created.
Therefore, today's priority is: Don't chase the price and wait for the price to rebound to a favorable zone before looking for setups
The situation in the Strait of Hormuz is extremely tense, with conflicting reports suggesting
Iran had announced the reopening of the waterway on April 17th following a ceasefire agreement, but then showed signs of wanting to close or restrict traffic again less than 24 hours later, angering President Trump. Shipping associations are cautiously assessing this unstable situation.
Key news: Escalating conflict: Although Iranian Foreign Minister Abbas Araghchi had initially stated a full reopening on April 17th, the latest developments (April 18-19) suggest Iran may have changed its mind, causing chaos in this vital energy artery.
US reaction: Donald Trump initially acknowledged the positive efforts but later ordered an investigation when Iran signaled a renewed closure.
Geopolitical risk: The IRGC warned of attacks on ships passing through the area, posing a direct threat to maritime security.
This volatility confirms that the world is entering a new geopolitical era, requiring countries and businesses to adapt to this highly unstable state.