Gold Hits Fibonacci 3.618! What’s Next?

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GOLD (XAU/USD) Quick Analysis – April 2025

Gold just surged to $3,329/oz, reaching the Fibonacci 3.618 extension around $3,338 🚀
The trend remains strongly bullish, but the price is now extended far above key moving averages – signaling potential exhaustion.

Key Levels:

Support: $2,856 (Fibo 2.618)

Next Resistance: $3,635 (Fibo 4.236)

🧭 Outlook:
As long as price holds above $2,856 → the bullish structure remains intact

🎯 Strategy:
Wait for a healthy pullback → buy the dip near support
Or enter on a breakout-retest above $3,338 for potential continuation

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