🏅Gold Daily Analysis Based on Main Key Levels - [14 April 2025]

Daily Current Market Price (DCMP): 3,228

Price Context: Trading between swing low (2,956) and swing high (3,435)

🔑 Critical Technical Levels

Below DCMP (Support):

🛡️ 3,219 | 3,192 | 3,176

Above DCMP (Resistance):

⛔ 3,246 | 3,262 | 3,289

📊 Technical Configuration

• Fibonacci Framework: Price consolidating near 50% retracement level (3,219-3,246 zone)

• RSI Pattern: Neutral at 52.4 with bullish hidden divergence

• MACD Signal: Histogram shows weakening bullish momentum (+18.7 → +12.3)

💼 Trade Configurations

Intraday Buy Setup

🎯 Entry: 3,219 (Confluence of 61.8% Fib & historical demand zone)

🛑 Stop Loss: 3,195 (-24 points)

🎯 TP1: 3,245 (+26 points)

🎯 TP2: 3,270 (+51 points)

Rationale: Strong institutional buying activity observed at 3,200-3,220 range with MACD baseline support.

Intraday Sell Setup

🎯 Entry: 3,246 (38.2% Fib extension cluster)

🛑 Stop Loss: 3,270 (+24 points)

🎯 TP1: 3,220 (-26 points)

🎯 TP2: 3,195 (-51 points)

Rationale: Overhead supply visible at 3,240-3,260 resistance band with bearish orderbook imbalance.

⚠️ Risk Parameters

Maintain 1:2 risk-reward ratio. Monitor US CPI data release (15 April) for volatility catalysts.