📈 Gold Daily Analysis Based on Main Key Levels – April 1, 2025

Daily Current Market Price (DCMP): 3,144

Market Price Action: Trading above immediate support at 3,109 / below resistance cluster at 3,142-3,160

🔑 Key Price Levels

Support Zones:

✅ Strong Floor: 3,058-3,089 (Weekly Pivot + Fib Cluster)

⚠️ Critical: 3,026 (38.2% Fib Retracement Anchor)

Resistance Walls:

⛔️ Immediate Ceiling: 3,142-3,160 (Weekly R3 + Daily R3 Confluence)

🚀 Breakout Zone: 3,173-3,200 (Psychological Barrier + 61.8% Fib Extension)

Swing Reference:

🔺 Swing High: 2,999 (4H Chart Pattern Peak)

🔻 Swing Low: 2,956 (Daily Chart Bottom)

📊 Technical Configuration

Fibonacci Framework:

38.2% Retracement at 3,026 aligns with weekly S1

61.8% Extension at 3,173 matches historical resistance

Momentum Indicators:

⚡ RSI: 54 (Neutral with Bullish Divergence Pattern)

📉 MACD: Histogram Turning Positive (12/26 EMA Bull Cross Imminent)

💡 Trade Setup

Intraday Buy Opportunity

🎯 Entry: 3,142 (Weekly Pivot Support)

🛑 Stop Loss: 3,110 (Below Weekly R2)

🎯 Take Profit 1: 3,160 (Daily R3)

🎯 Take Profit 2: 3,173 (Fib Extension Target)

Rationale: Price respects weekly pivot with MACD bullish reversal signal.

Intraday Sell Caution

⚠️ No Active Sell Signal

Reason: DCMP remains below critical resistance cluster (3,160-3,173).

📍 Critical Observation

Price consolidates between 3,109 (daily pivot) and 3,142 (weekly R3). Break above 3,160 would confirm bullish continuation pattern. Downside protected by strong support confluence at 3,058-3,089.