Master's Gold Club

🔍 Key Analysis:
Trend: Price is moving within an ascending channel (yellow lines).
Support Zone: Around $3,318.98 – $3,309.91 (green area)
If price drops, this zone may provide buying opportunities.
Resistance Zone: Around $3,365 – $3,373.76 (red line area)
If price breaks above this zone, it could signal a strong bullish move.
Supply Zone / Long-term Resistance: $3,434.38 – $3,449.86
A key level where sellers may step in again.
✅ Bullish Scenario:
A breakout above resistance could lead to further upward momentum toward the long-term supply zone.
Summary: The chart suggests a bullish bias, especially if price breaks above the resistance area. However, watch for reactions at support or possible reversals near the long-term supply zone.

Gold forecast update 4 Hour Timeframe

Gold forecast on 4 Hour Timeframe.

Gold: Trump's tarrifs effect.

Gold forecast on 1 Hour Timeframe.

News Updates:
Tariffs are expected, in what President Trump has dubbed "Liberation Day".
Liberation Day impacts gold prices by influencing market sentiment—if tariffs are harsh, gold may rise as a safe haven; if they're softer, gold could drop as risk appetite improves.

Gold took a tiny dip as traders eased up on fear, but with 'Liberation Day' looming, all eyes are on tariffs—will gold shine or stumble next?

Gold Price Action Update: XAUUSD approaching key resistance! Will we see a breakout or a drop to support? Stay sharp!