📅 Gold Daily Analysis Based on Main Key Levels – April 15, 2025

Daily Current Market Price (DCMP):

3228

🗝️ Key Levels Summary

Below DCMP (Support Zones):

Immediate Support: 3196 (Daily BUY/Support1)

Critical Floor: 3164 (Daily BUY/Support3)

Weekly Swing Low: 2956

Above DCMP (Resistance Zones):

Immediate Resistance: 3236 (Daily SELL/Resistance1)

Key Ceiling: 3268 (Daily SELL/Resistance3)

Weekly Swing High: 3435

📊 Technical Analysis Snapshot

1. Pivot Levels

Intraday Buy Trigger: 3146 (Weekly Pivot)

Intraday Sell Trigger: 3256 (Weekly Resistance1)

2. Fibonacci Retracement/Extension

Bullish Scenario: Retracement toward 3196 (38.2% Fib) likely to attract buyers.

Bearish Scenario: Breakdown below 3164 (61.8% Fib) may trigger extended declines.

3. Momentum Indicators

RSI: Neutral at 48 (no divergence observed).

MACD: Histogram hovering near zero; watch for bullish/bearish crossover confirmation.

💡 Trade Setup of the Day

Intraday Buy Trade Idea 🟢

Entry: 3146 (Weekly Pivot)

Stop Loss: 3036 (Weekly BUY/Support1)

Take Profit 1: 3248 (Daily SELL/Resistance2) 🎯

Take Profit 2: 3325 (Weekly SELL/Resistance2) 🚀

Rationale:

Price holding above critical weekly pivot (3146) signals bullish momentum.

MACD crossover above zero and RSI rebound from 40 could amplify upside.

Intraday Sell Trade Idea 🔴

Entry: 3256 (Daily Resistance1)

Stop Loss: 3268 (Daily Resistance3)

Take Profit 1: 3196 (Daily Support1) 🎯

Take Profit 2: 3164 (Daily Support3) 🚀

Rationale:

Rejection at 3256 aligns with Fibonacci extension resistance.

Bearish divergence on shorter timeframes supports downside potential.

📉 Risk Management Note

Tighten stops if price breaches 3236 (Daily Resistance1) for sell trades or 3196 (Daily Support1) for buy trades.

Monitor 1-hour closing candles for confirmation at key levels.

🔍 Final Takeaway

Gold remains range-bound between 3146–3256. Prioritize trades at these pivots with strict risk-reward ratios. A sustained break above 3268 or below 3164 will dictate the next major trend.