Vladimir RibakovOwner, Chief Trader at Home Trader Club (Former Traders Academy Club), Owner, Chief Trader at Home Trader Club (Former Traders Academy Club) · Owner, Chief Trader at Home Trader Club (Former Traders Academy Club)

📉 GOLD (XAUUSD) Buy Alert - 16 April 2025 📉 - By Vladimir Ribakov #xauusd #trading #shorts

16 Apr 2025 · 1 min

Watch on YouTube

0:48

In this short video, Speaker A introduces the premise that buying dips in gold is the appropriate trading plan. Vladimir Ribakov then provides a concise technical analysis of XAUUSD. He notes a clean bullish trend and strong bullish momentum, but points out a bearish divergence on the MACD (price makes higher highs while the MACD makes lower highs), suggesting that the rally is nearing a peak and will likely correct soon. Ribakov’s trading recommendation is to buy the dips, provided that key Fibonacci support levels remain intact. He concludes by directing viewers to read the full analysis on his blog, vladimiribakov.com.

Here is why I believe gold buy the dips is the right trading plan.
As we can see here, we have a clean bullish trend and bullish momentum. It's pretty strong, but at the end of the rally, we are facing bearish divergence on the moving average of the MACD— higher highs on the chart versus lower highs on the MACD. I believe gold should create a peak somewhere soon, start its corrections But as long as these Fibonacci levels will hold, buy the dips is my trading plan. Read the full article on my blog, vladimiribakov.com.