GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price play between two weighted levels with a gap above at 2872 and a gap below at 2846. We will need to see ema5 cross and lock on either weighted level to determine the next range.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2872
EMA5 CROSS AND LOCK ABOVE 2872 WILL OPEN THE FOLLOWING BULLISH TARGET
2901
EMA5 CROSS AND LOCK ABOVE 2901 WILL OPEN THE FOLLOWING BULLISH TARGET
2921
EMA5 CROSS AND LOCK ABOVE 2921 WILL OPEN THE FOLLOWING BULLISH TARGET
2950
BEARISH TARGETS
2846
EMA5 CROSS AND LOCK BELOW 2846 WILL OPEN THE FOLLOWING BEARISH TARGET
2820
EMA5 CROSS AND LOCK BELOW 2820 WILL OPEN THE FOLLOWING BEARISH TARGET
2796
EMA5 CROSS AND LOCK BELOW 2796 WILL OPEN THE SWING RANGE
SWING RANGE
2778 - 2753
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Gold
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone,
Please see update on the weekly chart idea we have been tracking for over a month now and still playing out, as analysed.
On our last update after completing 2856 target, we were left with body close above 2856 leaving a gap to 2976. We stated that will need ema5 lock to further confirm this and ema5 was still yet to lock but we still got a nice push up over 700 pips.
- This is still yet to lock with ema5 and this weeks weekly candle is crucial to either see a push up form here for the lock or a rejection here with ema5 for another push down and possibly use the channel top for an ascending movement up slowly over a longer term into our long trend gaps. Once again we prove the safest way to chase this Bull in this range is from dips.
This is the beauty of our channels, which we draw in our unique way, using averages rather than price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
We are seeing price play between two weighted levels with a gap above at 2889 and a gap below at 2853. We will need to see ema5 cross and lock on either weighted level to determine the next range.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2889
EMA5 CROSS AND LOCK ABOVE 2889 WILL OPEN THE FOLLOWING BULLISH TARGET
2914
EMA5 CROSS AND LOCK ABOVE 2914 WILL OPEN THE FOLLOWING BULLISH TARGET
2947
BEARISH TARGETS
2853
EMA5 CROSS AND LOCK BELOW 2853 WILL OPEN THE FOLLOWING BEARISH TARGET
2813
EMA5 CROSS AND LOCK BELOW 2813 WILL OPEN THE FOLLOWING BEARISH TARGET
2771
EMA5 CROSS AND LOCK BELOW 2771 WILL OPEN THE SWING RANGE
SWING RANGE
2744 - 2712
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOLD DAILY CHART MID/LONG TERM UPDATEHey Everyone,
This is an update on our daily chart idea that we are now tracking and playing out perfectly, as analysed.
After completing our Bullish targets we stated that the channel top will act as resistance confirmed with ema5 rejection. A break of the channel top with ema5 would confirm a continuation and failure would confirm rejection. This allowed us to identify true breakouts against fake outs.
We also stated that we need to keep in mind the channel half line below to establish floor to provide support for the range, should we continue to track further up. A break below the half line will open the lower part of the channel to establish floor on the channel bottom. The safest way to track this movement is by buying dips.
- Once again this played out perfectly as we got the rejection on the channel top followed with the channel half line test, which gave the perfect bounce like we stated. We will now either look for a continuation from this bounce or a cross and lock below the half line for a break into the lower channel floor.
This is the beauty of our Goldturn channels, which we draw in our unique way, using averages rather than price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn.
We will use our smaller timeframe analysis on the 1H and 4H chart to buy dips from the weighted Goldturns for 30 to 40 pips clean. Ranging markets are perfectly suited for this type of trading, instead of trying to hold longer positions and getting chopped up in the swings up and down in the range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up using our smaller timeframe ideas.
Our long term bias is Bullish and therefore we look forward to drops like this from rejections, which allows us to continue to use our smaller timeframes to buy dips using our levels and setups.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
THE KOG REPORT THE KOG REPORT:
In last week’s KOG Report we said we would be looking for price to tap into the lower red box region, give the long trade up into the red box resistance which was active and then give us the opportunity to short the market sticking to our bias and our bias target levels. Although we missed the precise entry by 30pips from the highs, we managed to get in and complete not only the bias target levels, KOG’s bias of the day target levels, Excalibur target algo levels and LiTE EA targets hitting 100% on those for the week.
A fantastic week on markets on just on Gold but on the other pairs we trade and analyse as well. Well done to our traders and team.
So, what can we expect in the week ahead?
After the move we witnessed last week we would expect there to be some retracement on the horizon, however, it all depends on this lower level of 2850-47 holding price up in the early sessions. If we do see a clean set up here an opportunity to take that potential long into the level above 2865-70 should be available. It these level above that are concerning, they need to break above for us to confirm this as a short term low, however, unless broken 2875-80 and above that 2895-2900 should be decent target levels for the longs and also pivotal points to watch for reversal to continue the move downside.
On the flip, we do have a level below sitting at 2805-10, which is also a bearish below level. If we continue this move downside from the opening, we’ll look to continue with the move downside on the daily red boxes and then look for an opportunity to take a swing long from lower down.
Key levels this week:
Resistance – 2890 / 2904
Support – 2850 / 2830 / 2810
Potential range – 2810 – 2880
KOG’s bias for the week:
Bullish above 2847 with targets above 2865, 2871, 2876, 2880 and above that 2904
Bearish below 2847 with targets below 2840, 2835, 2830 and below that 2810
RED BOXES:
Break above 2860 for 2865, 2872, 2874, 2885 and 2900 in extension of the move
Break below 2847 for 2840, 2836, 2831, 2823 and 2810 in extension of the move
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
Gold may continue to fall inside downward wedgeHello traders, I want share with you my opinion about Gold. A short while ago, the price dropped to the support line, breaking through the resistance level that aligned with the resistance area. Following this, it rebounded and quickly climbed to the 2935 level, even entering the seller’s zone before pulling back to the support line. After that, the price made another push toward the seller’s zone but remained range-bound near the 2935 resistance level. Eventually, it reversed and began to decline, first breaking below 2935 and soon after breaching the support line as well. Gold then continued its downward movement within a falling wedge pattern. Inside this formation, the price touched the support line before rebounding to the resistance line, where it hovered for a while before eventually dropping back to the wedge’s support line, breaking the current resistance level along the way. At the moment, XAU is still moving lower, but I anticipate a temporary rise toward the resistance area before the decline resumes. Given this scenario, I have set my TP at 2830, which aligns with the wedge’s support line. Please share this idea with your friends and click Boost 🚀
GOLD - Bearish Continuation Toward 2,840OANDA:XAUUSD is currently testing a key resistance zone within a well-defined descending channel, suggesting the potential for a bearish continuation. If price action confirms rejection at this level, we could see a move lower toward 2,840, which aligns with the channel’s midline. However, a breakout above this resistance could invalidate the bearish outlook and signal a shift in momentum.
This setup reflects the potential for a continuation of the prevailing downtrend. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments! 📉🔥
HelenP. I Gold will continue to decline and break support levelHi folks today I'm prepared for you Gold analytics. Looking at this chart, we can observe how the price dropped to the trend line before starting an upward movement. In a short period, Gold climbed to the support level, which coincided with the support zone, even briefly breaking through it. After a retest, the price resumed its upward trajectory. Later, Gold reached the resistance level, which aligned with the resistance zone, and even entered this area before making a corrective move. It then returned to the resistance zone, went through another correction, and quickly pushed back into the same area, breaking the resistance level in the process. Gold traded above the resistance zone for a while before reversing and starting to decline. Soon after, the price fell to the support level, breaking through the 2915 mark along with the trend line. However, not long ago, XAU changed direction and started climbing again. In my view, XAUUSD is likely to rise a bit further before resuming its downward movement. If it reaches the support level, there’s a possibility of a breakout, leading to further declines. With this in mind, my target is set at 2800 points. If you like my analytics you may support me with your like/comment ❤️
GOLD (XAUUSD): Bullish After the Market Opening
Friday's turmoil in the White House pumped Gold prices
during the New York session.
Analyzing the intraday price action, I see 2 confirmed bullish signals:
the price broke both the resistance line of a falling channel
and a neckline of a cup & handle pattern on an hourly.
Odds are high, that the price will grow more and reach at least 2864 level
after the opening.
❤️Please, support my work with like, thank you!❤️
How to Find Best Supply and Demand Zones/Areas in Forex & Gold
In this article, I will show you the strongest supply and demand zones.
These zones are called confluence zones.
I will teach you to identify these areas properly and explain how to apply it in Forex and Gold trading.
Let's start with a short but important theory.
In technical analysis, there are 2 types of supports and resistances.
Horizontal structures are supports and resistance that are based on horizontal key levels.
Vertical structures are supports and resistance that are based on trend lines.
A confluence supply or demand zone, will be the area of the intersection between a horizontal and vertical structures.
Look at GBPJPY pair. I underlined a significant horizontal support and a rising trend line - a vertical support.
We see a clear crossing of both structures.
The trend line and a horizontal support will compose a narrow, contracting area. It will be a confluence demand zone.
Within, with a high probability, a high volume of buying orders will concentrate, and a strong bullish movement will initiate after its test.
Above is one more example of a powerful demand zone.
It was spotted on a Gold chart.
Now let's discuss the supply zone.
There are 2 strong structures on GBPNZD: a vertical resistance - a falling trend line and a horizontal resistance.
These 2 resistances will constitute a confluence supply zone.
That is a powerful resistance cluster that will concentrate the selling orders. Chances will be high to see a strong bearish movement from that.
There is a strong supply zone on CHFJPY that is based on the intersection of a wide horizontal resistance and a falling trend line.
Supply and demand zones that we discussed are very significant. Very often, strong bullish and bearish waves will initiate from these clusters.
Your ability to recognize these zones will help you to make accurate predictions and identify a safe point to open a trading position from
❤️Please, support my work with like, thank you!❤️
Bearish drop for the Gold?XAU/USD is rising towards the resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could drop from this level to our take profit.
Entry: 2,882.39
Why we like it:
There is an overlap resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement.
Stop loss: 2,924.57
Why we like it:
There is an overlap resistance level that is slightly below the 78.6% Fibonacci retracement.
Take profit: 2,830.85
Why we like it:
There is a pullback support level.
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Gold Price ActionHello Traders!
It's time to focus on Gold . Over the past two months, Gold has been in a strong uptrend , consistently forming Rally Base Rally (RBR) patterns. However, we are now seeing a shift in market structure . The price has recently rejected a new RBR formation and is beginning to create a Drop Base Drop (DBD) pattern.
Trading Strategy:
Swing Traders: This is a good opportunity to open a sell position and hold it as the bearish trend develops.
Day Traders: Follow the daily market direction , but maintain a bearish bias .
Key Points to Remember:
The market is currently bearish . Focus on sell trades only until the market structure changes.
We've seen strong demand over the past two months, but now it's supply's turn .
The USD is strengthening , which supports a bearish gold market .
Tips for Consistent Trading:
Keep your analysis simple . Avoid overcomplicating your charts.
Use multi-timeframe analysis to align your trades with the overall trend .
Avoid overtrading and strictly follow your risk management rules .
Remember, market structures repeat themselves. Stick to the process and trust your strategy.
Wishing you all the best of luck and happy trading! Stay disciplined and trade smart.
Thank you!
XAUUSD H1 | Be arish ContinuationBased on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 2871, which is an overlap resistance close to the 50% Fibo resistance.
Our take profit will be at 28050.48, a pullback support level.
The stop loss will be placed at 2891/37, above the 61.8% Fibo retracement.
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Gold📌 **Sell:**
✔ In short-term timeframes (M1, M5, M15), both MACD and Stochastic indicate overbought conditions and a potential downward correction.
✔ The M30 timeframe is still in an uptrend, but a pullback to the downside is possible.
🎯 **Conclusion:**
Success rate for selling: ✅ **70%** (more reliable than buying in the short term).
📌 **Strategy:** Short-term selling with a tight stop-loss and a corrective target towards lower support levels.
📌 **Buy:**
✔ In H1 and H4 timeframes, signs of a trend reversal are emerging, but MACD has not yet given a solid confirmation.
✔ If MACD turns bullish on H1 and Stochastic exits oversold territory, buying will be a safer option.
🎯 **Conclusion:**
Success rate for buying: ✅ **55%** (higher risk, requiring more confirmation).
📌 **Strategy:** Wait for MACD confirmation on H1, then enter a buy position upon resistance breakout.
🚀 **Final Recommendation:**
🔹 Enter short-term sell positions in lower timeframes with a tight stop-loss and proper risk management.
🔹 Wait for a confirmed buy signal on H1 and H4, as MACD has not yet turned fully bullish.
🚀 **Short-term selling (scalping) is more probable**, but additional confirmation is needed for a buy position.
### **Suggested Targets Based on Timeframes & MACD + Stochastic Analysis**
🔴 📉 **Sell Targets:**
Considering overbought conditions in lower timeframes and a potential downward correction, the best sell targets based on different timeframes are:
✅ 📌 **First Target:** 2850 (Short-term support in M5 & M15)
✅ 📌 **Second Target:** 2842 (Key support in M30)
✅ 📌 **Third Target:** 2830 - 2825 (Strong support in H1, aligning with the moving average)
🛑 **Stop Loss for Sell Positions:**
🔹 **2862** (Breakout of the current resistance in M15 & M30)
🔹 **2868** (If the price reaches this level, the trend may reverse)
---
🟢 📈 **Buy Targets:**
A **full confirmation from MACD in H1 and H4** is required for a buy setup. However, if the price rebounds from the **2830 support zone**, the following targets are expected:
✅ 📌 **First Target:** 2865 (Initial resistance in H1)
✅ 📌 **Second Target:** 2880 - 2890 (Strong resistance zone in H4)
✅ 📌 **Third Target:** 2915 (Long-term target if resistance levels are broken)
🛑 **Stop Loss for Buy Positions:**
🔹 **2825** (If this level is broken, the downtrend is likely to continue)
🚀 **Suggested Strategy:**
📌 **Short-term sell (scalping) from 2857**, targeting **2850 and 2842**, with a **stop loss at 2862**.
📌 **Buy if confirmed at 2830 - 2825**, targeting **2865 and 2880**, with a **stop loss at 2825**.
🔍 **Important:** Before entering positions, confirm with **trading volume and candlestick patterns in higher timeframes**. 🚀
Bearish drop?The Gold (XAU/USD) is reacting off the pivot and could drop to the 1st support that is slightly above the 50% Fibonacci retracement.
Pivot: 2,879.45
1st Support: 2,788.35
1st Resistance: 2,952.32
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Gold 1H Intra-Day Chart 03.03.2025As it's a new monthly candle, Gold needs some upside LQ before it can carry on dropping. Right now my bias is;
Option 1: Gold pushes higher, from current market price towards $2,900.
Option 2: Gold drops a little lower towards $2,856 zone before rejecting and buyers step in again.
GOLD TRADING POINT UPDATE > READ THE CHAPTIAN Buddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ Gold Traders SMC-Trading Point update you on New technical analysis setup for Gold 🪙 Gold Traders Gold weekly Time Frame 🖼️ looking a good time for. Short Trade 😁. Also Goldman Sachs talk and 2025 if gold tast 3000$. Not for now weekly candle 🕯️ close below 👇 ⬇️ 2800 Next target 2538.
Key Resistance level 2900 + 2956
Support level 2800 - 2782 - 2706 - 2538
Mr SMC Trading point
Pales support boost 🚀 analysis follow)
Gold price today: The decline continues!Dear traders! What do you think about OANDA:XAUUSD – Buy or Sell?
Yesterday, gold continued its downward trend, dropping $27 from its highest point in the previous session at $2,885 per ounce. On March 1, gold closed the week negatively at $2,858 per ounce.
The main reason for this sharp decline in gold prices was the strengthening US dollar. The USD Index surged to 107.66, its highest level in the past 10 days, as financial markets grew concerned over the US administration's aggressive trade policies.
Specifically, former President Donald Trump confirmed a 25% tariff on imports from Mexico and Canada, effective March 4. Additionally, he announced an extra 10% tariff on Chinese goods. This policy has fueled uncertainty in the market, pushing investors toward the USD as a safe-haven asset, which has negatively impacted gold.
Gold short-term trend analysis. Trading range is 2850~2900Gold ended its 9-day winning streak on the weekly chart. The weekly chart fell sharply for the first time since December. The retracement tested the MA5/7-day moving average, and the RSI indicator Zhonghui's central axis value was 50. The daily chart adjusted downward for four consecutive trading days. The MA10/7-day moving average formed a high of 2916 and opened downward and gradually moved down to 2903/12. At the same time, the 5-day moving average moved down to 2885, and the RSI indicator central axis was adjusted. The price was running in the middle and lower track of the Bollinger band.
The price of the short-term four-hour chart was in the middle and lower track of the Bollinger band channel, and the moving average opened downward. However, after the hourly and four-hour charts RSI indicators tested the 20 value and formed an overbought closing on Friday, they turned upward. Coupled with the stimulus of the weekend market news, gold opened at 2858 in the Asian session and rose sharply to 2876. A strong counterattack and pull-up was formed. It is not suitable to buy in the sharp rise of the Asian session at the beginning of the week. The 2893/2920 trend line of the descending channel has not formed a break, so the transaction is still based on the trend line waiting for high selling.
From the current market, even if the gold price may fall in the short term, we should also be alert to the weak NFP employment data or slowing wage growth this week, which may rekindle the market's expectations of the Fed's accelerated rate cuts and promote the rebound of gold prices. If it breaks through $2,900, it is expected to restart the bull trend. If the negative NFP data will strengthen the Fed's position of maintaining high interest rates, gold may be further under pressure to explore the $2,800 support. After the technical break, the short-selling momentum may be accelerated, increasing the risk of short-term downside.
Then for today's operation, the market will definitely stir up more waves. In the case of a sharp rise at the opening, if 2880 is not broken, we can still expect a fall back to the 2860-2850 area. In other words, the long position still needs to wait for 2860-2850 to stabilize before seeking entry. On the upside, if it breaks through and stabilizes above 2880, you can buy directly, and look for selling opportunities when it is blocked at 2890-2900.
Of course, the possibility of malicious reshuffles today cannot be ruled out. It would be better to compress the shock range to the range of 2900-2850, and then wait for the trend to become clear before following the market.
Key points:
First support: 2860, second support: 2853, third support: 2843
First resistance: 2880, second resistance: 2888, third resistance: 2896
Operation ideas:
Buy: 2850-2853, stop: 2842, target: 2870-2880;
Sell: 2878-2880, stop: 2889, target: 2860-2850;
Gold XAUUSD Move 03-07 March 2025Technical Analysis & Trade Signal
Market Overview:
Current Price: Around 2,858.140 USD
Trend Analysis:
The price was in an uptrend but recently broke down, indicating a possible bearish reversal.
A key support level was broken, which is now acting as resistance.
Key Levels:
Resistance Zones:
Minor Resistance: 2,900 - 2,920 USD
Strong Resistance: 2,960 USD
Support Zone: 2,780 - 2,800 USD
Trade Signal:
📉 Sell Signal: If the price retests the 2,900 - 2,920 USD resistance zone and rejects downward, enter a short trade targeting 2,800 USD.
📈 Buy Signal: If the price holds support around 2,780 - 2,800 USD and starts moving up, consider a long trade targeting 2,900 USD.
👉 Confirmation: Use additional indicators like RSI, MACD, and volume to confirm the trade setup before executing.
XAU/USD Weekly Analysis XAU/USD Weekly Analysis with support and resistance levels tailored between $2,800 and $3,000:
XAU/USD Weekly Analysis: March 3–7, 2025
🔹 Overview:
Gold (XAU/USD) has entered a critical consolidation phase, trading between $2,800 and $3,000. The market remains sensitive to macroeconomic developments, including U.S. jobs data, Fed commentary, and geopolitical events.
🔹 Key Support Levels:
Immediate Support:
$2,835–$2,850: Critical support zone, aligned with the 38.2% Fibonacci retracement of the recent rally.
$2,800: Psychological support and a key structural level, reinforced by the 50-day SMA.
Major Support (Downside Breach Scenario):
$2,765–$2,780: Long-term trendline support from the 2024 lows.
$2,735: Key swing low; a break below here could signal a deeper bearish trend.
🔹 Key Resistance Levels:
Immediate Resistance:
$2,900–$2,920: Key consolidation range high and near-term target for bullish momentum.
$2,950: Previous week’s high and a critical barrier to further gains.
Major Resistance (Upside Breakout Scenario):
$2,975–$3,000: Psychological resistance and the upper bound of the bullish channel.
$3,075: Fibonacci 127.2% extension and a potential breakout target.
🔹 Technical Scenario Breakdown:
Bullish Case (Breakout):
Trigger: Fed dovishness or USD weakness.
Action: Break above $2,950 confirms bullish momentum.
Targets: $2,975 (psychological level), then $3,075 (breakout extension).
Bearish Case (Reversal):
Trigger: Strong USD or risk-on sentiment.
Action: Breakdown below $2,835 signals bearish shift.
Targets: $2,800 (key support), then $2,765–$2,735 (trendline and swing low).
Neutral/Range-Bound:
Range: $2,835–$2,950.
Action: Fade extremes (buy dips near $2,835, sell rallies near $2,950).
🔹 Price Action Drivers During the Week:
U.S. Jobs Data (March 7):
Weak NFP (<150k jobs) → USD sell-off → Gold rallies toward $2,950–$3,000.
Strong NFP (>250k jobs) → USD strength → Gold tests $2,835–$2,800.
Fed Commentary (March 5):
Hawkish tone → Gold pressured below $2,835.
Dovish tone → Rally toward $2,950+.
Geopolitical Surprises:
Escalations → Safe-haven surge → Gold breaches $2,975–$3,000.
De-escalations → Profit-taking → Drop to $2,800.
🔹 Technical Tools to Monitor:
RSI (14-day): Overbought above 70 indicates pullback risk; oversold below 30 signals potential rebound.
MACD: Bullish crossover above the zero line strengthens upward bias.
Volume: Confirm breakouts above $2,950 with rising volume.
📈 Summary:
Support: $2,835–$2,850 (critical), $2,800 (structural), $2,765–$2,735 (trendline).
Resistance: $2,900–$2,920 (immediate), $2,950 (key breakout), $2,975–$3,000 (psychological).
Catalysts: U.S. data, Fed commentary, and geopolitical factors remain key drivers.