📌 Market Outlook
Gold is holding steady above the $3,000 level as investors remain cautious ahead of the March 19 FOMC meeting. The Federal Reserve is expected to keep interest rates unchanged, with increasing speculation about a potential rate cut in June.
Despite last week’s price surge, gold’s short-term direction hinges on how the Fed’s economic outlook unfolds. If policymakers signal a dovish stance, we could see new highs beyond $3,050. However, any signs of persistent inflation may trigger a short-term pullback.
📊 Key Technical Analysis
🔹 Support Levels (Buy Zones)
$3,000 – The psychological level where buyers are active.
$2,985 - $2,975 – Strong liquidity zone, likely to provide support.
$2,945 - $2,950 – If tested, this could be a major reaccumulation area.
🔺 Resistance Levels (Breakout Targets)
$3,034 - $3,050 – Key resistance, breaking above could open the door for further upside.
Above $3,050, momentum could accelerate toward $3,080 - $3,100.
🎯 Trading Strategy for Today
🟢 BUY ZONE: 2986 - 2984
📍 SL: 2980
🎯 TP: 2990 - 2994 - 3000 - 3005 - 3010
🔴 SELL ZONE: 3033 - 3035
📍 SL: 3039
🎯 TP: 3028 - 3024 - 3020 - 3015 - 3010
⚠ Market Sentiment & Risk Management
Gold is currently trading in an ascending channel with high volatility expected before the Fed’s decision.
Traders should prepare for false breakouts and possible profit-taking moves around key levels.
Stick to strict TP/SL strategies to mitigate risks!
📢 What’s your outlook for gold? Will we break above $3,050 or see a dip first? Let’s discuss! 🚀🔥
Gold is holding steady above the $3,000 level as investors remain cautious ahead of the March 19 FOMC meeting. The Federal Reserve is expected to keep interest rates unchanged, with increasing speculation about a potential rate cut in June.
Despite last week’s price surge, gold’s short-term direction hinges on how the Fed’s economic outlook unfolds. If policymakers signal a dovish stance, we could see new highs beyond $3,050. However, any signs of persistent inflation may trigger a short-term pullback.
📊 Key Technical Analysis
🔹 Support Levels (Buy Zones)
$3,000 – The psychological level where buyers are active.
$2,985 - $2,975 – Strong liquidity zone, likely to provide support.
$2,945 - $2,950 – If tested, this could be a major reaccumulation area.
🔺 Resistance Levels (Breakout Targets)
$3,034 - $3,050 – Key resistance, breaking above could open the door for further upside.
Above $3,050, momentum could accelerate toward $3,080 - $3,100.
🎯 Trading Strategy for Today
🟢 BUY ZONE: 2986 - 2984
📍 SL: 2980
🎯 TP: 2990 - 2994 - 3000 - 3005 - 3010
🔴 SELL ZONE: 3033 - 3035
📍 SL: 3039
🎯 TP: 3028 - 3024 - 3020 - 3015 - 3010
⚠ Market Sentiment & Risk Management
Gold is currently trading in an ascending channel with high volatility expected before the Fed’s decision.
Traders should prepare for false breakouts and possible profit-taking moves around key levels.
Stick to strict TP/SL strategies to mitigate risks!
📢 What’s your outlook for gold? Will we break above $3,050 or see a dip first? Let’s discuss! 🚀🔥
Trade active
🚀 PATIENCE & DISCIPLINE – THE KEY TO WINNING THE MARKET!
💰 SELL ZONE HIT PERFECTLY – +100 PIPS PROFIT!
In a market that keeps hitting ATHs with unpredictable moves, patience and discipline separate winners from the rest. Those who followed the SELL ZONE plan secured a massive +100 pips profit today! 🎯🔥
👉 No need to FOMO, no need to rush – just stick to the strategy!
👉 Successful traders are not the ones who trade the most, but the ones who trade the BEST!
📢 Did you follow the plan? Share your results below! 🚀💰
⚜️ Trade with Money Market Flow, logic, Price action 📉📈
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 to 15 Signals Vip
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 to 15 Signals Vip
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
⚜️ Trade with Money Market Flow, logic, Price action 📉📈
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 to 15 Signals Vip
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 to 15 Signals Vip
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.