📈 Gold Daily Analysis Based on Main Key Levels - April 30, 2025

Daily Current Market Price (DCMP): 3307

📊 Key Technical Levels

Above DCMP (Resistance):

🔴 3321 (Daily Pivot)

🔴 3340 (R1)

🔴 3351 (R2)

🔴 3370 (R3)

Below DCMP (Support):

🟢 3302 (S1)

🟢 3291 (S2)

🟢 3272 (S3)

Swing High: 3260 (Daily)

Swing Low: 2956 (Daily)

🔍 Technical Indicators

• RSI: Watching for divergence signals

• MACD: Monitoring for potential crossovers

• Fibonacci Levels: Key retracement zones identified

💡 Trade Setups

Intraday Buy Trade Setup

🟢 Entry: 3267

🔴 Stop Loss: Below S3 (3272)

🟢 Take Profit 1: 3302

🟢 Take Profit 2: 3321

Intraday Sell Trade Setup

🔴 Entry: 3359

🟢 Stop Loss: Above R3 (3370)

🔴 Take Profit 1: 3321

🔴 Take Profit 2: 3302

📈 Market Outlook

Gold is currently trading at 3307, between key support and resistance levels. The daily pivot at 3321 serves as immediate resistance, while 3302 acts as nearest support. Traders should watch for breaks of these levels with confirmation from technical indicators for potential trade opportunities.