CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

Gold

Special Reports - 10/04/2025

10 April, 2025

The example below uses Contracts For Difference (CFDs). Calculations are only on the price of the specific instrument on the date below and calculations indicate a possible profit or loss. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk.

GOLD weekly special report based on 1.00 Lot Calculation:

GEOPOLITICS: US – CHINA TRADE WAR

  • WEDNESDAY, APRIL 9: U.S. RAISED TARIFFS ON CHINESE GOODS TO 125%: The tariffs on China have been raised to 125%, up from the previous 104%.
  • WEDNESDAY, APRIL 9: CHINA RETALIATES, RAISING TARIFFS ON U.S. GOODS TO 84%. China raised tariffs on U.S. goods to 84%, retaliating against Trump’s tariff increase on China to 104%.
  • TUESDAY, APRIL 8: U.S. RAISED TARIFFS ON CHINESE GOODS TO 104%.
  • FRIDAY, APRIL 4: CHINA RETALIATES RAISING TARIFFS ON U.S. GOODS TO 34%.
  • WEDNESDAY, APRIL 2: U.S. RAISED TARIFFS ON CHINA GOODS TO 54%.

US PRESIDENT DONALD TRUMP AND GOLD DURING TRUMP’S FIRST PRESIDENCY

  • STATISTICS: GOLD ROSE 10.85% DURING TRUMP’S FIRST YEAR OF PRESIDENCY (JANUARY 20, 2017 – JANUARY 20, 2018). In addition, Gold rose 55.38% during the entire first presidential term of Donald Trump (January 20, 2017 – January 20, 2021).

Data Source: MetaTrader 4 Platform

Please note that past performance does not guarantee future results

CHINA: GOLD RESERVES CONTINUED TO RISE

  • CHINA GOLD RESERVES UP TO 73.70 MILLION OUNCES IN MARCH: China has managed to increase its gold reserves from 73.61 million ounces in February to new, 73.70 million ounces in March. This is their fifth consecutive increase of gold reserves on a monthly basis.

ANALYSTS’ OPINION:

  • DEUTSCHE BANK RAISED ITS GOLD PRICE TARGET TO $3,350 (Q4, 2025) and $3,700 (2026).
  • GOLDMAN SACHS RAISED GOLD PRICE TARGET TO $3,300, WITH A TARGET RANGE OF $3,250 AND $3,520. UNDER EXTREME SCENARIOS, GOLD COULD RISE TO $4,200 BY THE END OF 2025. However, it could also move in the opposite direction.
  • BANK OF AMERICA RAISED ITS PRICE TARGET AT $3,350. IF INVESTMENT DEMAND RISES JUST 10%, GOLD COULD RISE TO $3,500. However, it could also move in the opposite direction.
  • UBS RAISED GOLD PRICE TARGET TO $3,200.
  • MORGAN STANLEY SET A BULL-CASE GOLD PRICE TARGET AT $3,400.

Source: Reuters, Bloomberg, CNBC

EVENTS:

  • THURSDAY, APRIL 10, AT 13:30 GMT+1: US INFLATION (CPI) (march): A lower-than-expected rating could be supportive for gold, because the FED will find it easier to cut interest rates. This index measures the change in the price of goods and services from the perspective of the consumer. This index stood at 2.8% last month, which was lower than the expected 2.9%.
  • THURSDAY, APRIL 11, AT 13:30 GMT+1: US PRODUCER PRICE INDEX (PPI) (MARCH): A lower-than-expected rating could be supportive for gold, because the FED will find it easier to cut interest rates. This index measures the change in the price of goods and services sold by manufacturers. This index was 3.2% last month which was lower than the expected 3.3%.
  • WEDNESDAY, APRIL 16, AT 13:30 GMT+1: US RETAIL SALES (MARCH): A lower-than-expected rating could be considered positive for gold, because it will point to future rate cuts by the FED. This data measures the change in the total value of sales at the retail level. The results for last month stood at 3.10%, which was below results for the month before 4.20%.

GOLD, April 10, 2025
Current Price: 3,105

GOLD

Weekly

Trend direction

UP

Resistance 3

3,400

Resistance 2

3,300

Resistance 1

3,180

Support 1

3,040

Support 2

3,020

Support 3

3,000

Example of calculation base on weekly trend direction for 1.00 Lot1

GOLD

Pivot Points

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

Profit or loss in $

29,500

19,500

7,500

-6,500

-8,500

-10,500

Profit or loss in €2

26,709

17,655

6,790

-5,885

-7,696

-9,507

Profit or loss in £2

22,917

15,148

5,826

-5,049

-6,603

-8,157

Profit or loss in C$2

41,533

27,454

10,559

-9,151

-11,967

-14,783

1. 1.00 lot is equivalent of 100 units

2. Calculations for exchange rate used as of 10:08 (GMT+1) 10/04/2025

There is a possibility to use Stop-Loss and Take-Profit.

  • You may wish to consider closing your position in profit, even if it is lower than suggested one.
  • Trailing stop technique could protect the profit.
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