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Home » Spot Gold » Gold crucial update [30-04-2025]

Gold crucial update [30-04-2025]

Gold crucial update By Neal Bhai (30-04-2025) – Gold (XAU/USD) under Selling Zone. But Remember any Big Panic Buy For Target $3500——$3700.

✅ Don’t Sell Gold Silver, Any Big Panic Only Buy. Buying Level and Trading Zone only For Paid Member’s.

Technical indicators on the daily chart hold comfortably in the positive territory and favor the Gold (XAU/USD) bulls. Hence, any further weakness below the $3,333 immediate support, representing the 38.2% Fibonacci retracement level of the latest leg up from the vicinity of mid-$2,900s or the monthly swing low, might continue to find decent support near the $3,242 zone. A convincing break below the latter, however, would set the stage for an extension of the recent pullback from the all-time peak touched last week. The downward trajectory might then drag the Gold price to the 50% retracement level, around the $3,218 region, en route to the $3,155 mark.

✅ Disclaimer: Goldsilverreports.com provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.

Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

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