Range Tightens on Gold – Breakout or Breakdown Ahead?

📌 Trading Plan for April 28, 2025: Gold (XAU/USD) Strategy 🧠📈
📊 Technical Analysis
Following the sharp drop in previous sessions, gold is now consolidating around the 3260–3270 support zone.

Price is moving within a tight triangle formation on the M15 timeframe, indicating compression ahead of a breakout.

The MA 13 – 34 – 200 still suggests a short-term bearish bias, but selling momentum has noticeably slowed down.

Expectation: gold may retest the 3299–3313 resistance zone before a stronger directional move.

🎯 Key Price Levels for Today
Immediate Resistance: 3299 – 3313

Major Support: 3260 – 3258 – 3239

🧩 Updated Trade Setup
🔵 BUY ZONE:

Entry: 3260 – 3258
Stop Loss (SL): 3254
Take Profit (TP): 3264 → 3268 → 3272 → 3276 → 3280

🔴 SELL ZONE: (after price retests resistance)

Entry: 3299 – 3301
Stop Loss (SL): 3306
Take Profit (TP): 3295 → 3290 → 3286 → 3282 → 3275

📢 Important Notes
Expected daily range: 60–80 pips.

No major economic news today, but stay alert for unexpected political headlines (especially from the US, China, India-Pakistan tensions).

Strictly follow TP/SL levels to protect your capital — avoid FOMO chasing after sharp intraday moves.

✅ Conclusion

Gold remains in a sensitive consolidation phase.
The best strategy today is buying at support and selling at resistance, only scaling in after clear confirmations!

💬 How are you planning to trade gold today? Share your views and setups below! 👇👇👇