📌 Market Overview
The US Dollar (USD) has been weakening for the past three months, signaling significant shifts in global financial markets. The latest CPI report came in weaker than expected, putting additional short-term pressure on the USD. However, long-term projections suggest a possible recovery.
Meanwhile, Gold continues to gain momentum, benefiting from USD weakness on both fundamental and technical fronts. As per our previous analysis, the bullish trend remains intact, and we will continue looking for BUY opportunities at key support levels while monitoring resistance zones near all-time highs (ATH).
📊 CPI Impact on USD & GOLD – What’s Next?
🔹 Short-term USD Weakness, But Potential Recovery?
The lower-than-expected CPI report has increased bearish pressure on the USD.
However, in the long run, the USD may find stability and enter a recovery phase.
For now, USD weakness continues to support Gold’s upside potential, bringing it closer to key resistance zones.
🔸 Gold’s Strength – Will It Hit New All-Time Highs?
With USD weakening and market uncertainty rising, Gold remains a preferred safe-haven asset for investors.
Our primary strategy remains BUY on dips, anticipating further upside.
Tonight’s Producer Price Index (PPI) report could be a major catalyst for USD and Gold volatility.
📉 Key Technical Levels for GOLD
🔹 Major Resistance Levels:
2,945 - 2,956 - 2,972 - 2,988
🔻 Major Support Levels:
2,931 - 2,922 - 2,914 - 2,906 - 2,898
🎯 Trading Plan for Today
🟢 BUY ZONE: 2,922 - 2,920
📍 SL: 2,916
🎯 TP: 2,926 - 2,930 - 2,935 - 2,940 - 2,950
🔴 SELL ZONE: 2,955 - 2,957
📍 SL: 2,961
🎯 TP: 2,950 - 2,946 - 2,942 - 2,938 - 2,930
⚡ PPI Report Tonight – Market Volatility Alert!
📌 The US Producer Price Index (PPI) report is set to release today, a key indicator of inflation at the production level.
📌 If PPI data is weaker than expected, USD could face further pressure, pushing Gold higher.
📌 On the other hand, stronger PPI figures could help the USD recover, leading to potential Gold corrections.
📢 Are you ready for high volatility? Stick to your TP/SL to keep your capital safe! 🚀🔥
💬 Will Gold hit a new all-time high, or is a USD recovery imminent? Drop your thoughts in the comments!
The US Dollar (USD) has been weakening for the past three months, signaling significant shifts in global financial markets. The latest CPI report came in weaker than expected, putting additional short-term pressure on the USD. However, long-term projections suggest a possible recovery.
Meanwhile, Gold continues to gain momentum, benefiting from USD weakness on both fundamental and technical fronts. As per our previous analysis, the bullish trend remains intact, and we will continue looking for BUY opportunities at key support levels while monitoring resistance zones near all-time highs (ATH).
📊 CPI Impact on USD & GOLD – What’s Next?
🔹 Short-term USD Weakness, But Potential Recovery?
The lower-than-expected CPI report has increased bearish pressure on the USD.
However, in the long run, the USD may find stability and enter a recovery phase.
For now, USD weakness continues to support Gold’s upside potential, bringing it closer to key resistance zones.
🔸 Gold’s Strength – Will It Hit New All-Time Highs?
With USD weakening and market uncertainty rising, Gold remains a preferred safe-haven asset for investors.
Our primary strategy remains BUY on dips, anticipating further upside.
Tonight’s Producer Price Index (PPI) report could be a major catalyst for USD and Gold volatility.
📉 Key Technical Levels for GOLD
🔹 Major Resistance Levels:
2,945 - 2,956 - 2,972 - 2,988
🔻 Major Support Levels:
2,931 - 2,922 - 2,914 - 2,906 - 2,898
🎯 Trading Plan for Today
🟢 BUY ZONE: 2,922 - 2,920
📍 SL: 2,916
🎯 TP: 2,926 - 2,930 - 2,935 - 2,940 - 2,950
🔴 SELL ZONE: 2,955 - 2,957
📍 SL: 2,961
🎯 TP: 2,950 - 2,946 - 2,942 - 2,938 - 2,930
⚡ PPI Report Tonight – Market Volatility Alert!
📌 The US Producer Price Index (PPI) report is set to release today, a key indicator of inflation at the production level.
📌 If PPI data is weaker than expected, USD could face further pressure, pushing Gold higher.
📌 On the other hand, stronger PPI figures could help the USD recover, leading to potential Gold corrections.
📢 Are you ready for high volatility? Stick to your TP/SL to keep your capital safe! 🚀🔥
💬 Will Gold hit a new all-time high, or is a USD recovery imminent? Drop your thoughts in the comments!
Trade active
🚀 GOLD HITS RECORD HIGH – EYEING $3,000 NEXT?
📌 Market Overview
Gold has surged to a new all-time high, approaching the $3,000/oz mark as investors turn to safe-haven assets amid rising geopolitical and economic uncertainties. The spotlight is now on the upcoming Federal Reserve policy meeting, where the central bank is expected to hold interest rates steady at 4.25% - 4.5% on March 19. Given the current landscape, gold's upward momentum could extend beyond $3,000.
👉 Why is gold rallying?
The rapid weakening of the USD has been a key driver of gold's rise.
Recent CPI and PPI reports indicated short-term economic weakness in the US, reinforcing inflationary concerns.
Investors are betting on prolonged USD weakness, favoring gold as a store of value.
📊 FED, USD & GOLD – What’s Next?
🔹 The Fed’s Stance
The Fed is likely to keep rates unchanged to assess inflation trends and economic stability.
A dovish outlook or hints of future rate cuts could push gold even higher.
🔹 USD Under Pressure
Short-term weakness in USD due to poor inflation data has fueled gold’s rise.
However, in the long run, this could be part of a broader US economic adjustment before potential strength, as hinted by former President Trump.
🔹 Gold’s Outlook – Beyond $3,000?
If USD weakness continues, gold could break above $3,000/oz, marking a new milestone.
Any signs of economic recovery in the US might slow gold’s rally, but long-term bullish momentum remains intact.
⚡ Final Thoughts
📌 Gold remains in a strong uptrend, supported by global economic uncertainty and USD weakness.
📌 All eyes are on the Fed meeting – any hints of policy shifts could further impact gold’s direction.
📌 Traders should watch key resistance levels closely as gold flirts with the $3,000 mark.
⚜️ 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.