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Gold price next week will continue to conquer the new peak?Brian Hello Everyone, Let's Comment on Gold Price Next Week From 31/03/2025 - April 5, 2025 World situation: Gold prices continue to reach new highs as investors flock to this safe-haven asset, amid growing concerns about the global trade war triggered by US tariff policies. Currently closing at $3,085, up 0.94%, the yellow metal remains the optimal choice in the face of mounting worries about tariffs, trade tensions, and geopolitical instability. US trade policy, fiscal policy, geopolitical factors, and growth slowdown will support gold prices. Forecasts suggest that $3,100 per ounce will be the next important milestone for gold prices. Identify: The upward trend will continue into next week, with support levels indicated on the chart providing backing for gold. Pay attention to the new all-time high, from which the upward momentum will continue to be triggered. Technically: Based on the 34 & 89 EMAs and clear support-resistance zones, these buy setups align with the current bullish momentum. Pullbacks to EMA zones offer good re-entry opportunities, especially when price respects structure and bullish candle formations are confirmed. NOTE: Note: Brian wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by BrianCarter
XAUUSD H4 Trading Plan (Intraday Outlook)Bias: 📈 Bullish (Strong Continuation) Current Price: ~$3,093 Context: Price is accelerating after breaking key resistance, maintaining bullish structure. 🧠 1. Market Structure (H4) Structure remains bullish, with well-defined HH & HL. Recent consolidation block (OB + FVG): price broke out cleanly and is now expanding. Short-term trend leg is steep → potential for shallow intraday pullbacks. 📌 2. Key Levels from Your Chart 🔝 Upside Target 3,120.14 – Major H4 resistance / next liquidity zone 🟦 Intraday Support Zones 3,049.57 – recent H4 resistance, now flipped support (ideal for pullback entries) 3,000.65 – clean structure zone, possible FVG fill 2,977.64 – origin of last impulse 2,960.27 / 2,899.69 – deeper HTF demand / OB zones 🔍 3. Order Blocks & Liquidity 🔲 OB zone breakout (highlighted gray area) → now acting as demand 💧Buy-side liquidity rests above 3,120 Any retracement into 3,049 / 3,000 could be used by Smart Money for re-entry longs 📅 4. Trade Scenarios (H4) ✅ Scenario A: Bullish Continuation Price holds above 3,049 → intraday continuation toward: 🎯 3,120 🎯 Potential extension: 3,150+ 📌 Ideal setup: bullish engulfing or BOS + FVG entry on pullback to 3,049 zone 🔁 Scenario B: Pullback Before Continuation Rejection near 3,100–3,120 leads to pullback toward: 🔁 3,049 🔁 3,000 (FVG / previous OB) Monitor price action at those levels for continuation entries. 🟥 Scenario C: Bearish Shift (Low Probability for Now) Break below 2,960 with strong bearish momentum → opens door toward: 🔻 2,899 This would invalidate current bullish short-term structure. 🧭 Summary Trend is strong, momentum is clean → only looking for buy setups on dips. Watch for continuation above 3,049 and especially reactive price action near 3,120. If pullback occurs, 3,000 zone is prime location for re-entry longs.
VANTAGE:XAUUSD
by GoldFxMinds
XAUUSD Daily Trading Plan (1D Outlook)🔍 1. Structure & Price Action Price broke out aggressively from previous consolidation (~2960–3000). Current impulse leg is strong, with very shallow pullbacks – trending conditions. Daily candles show sustained buying pressure, minimal upper wicks → buyers in control. 📏 2. Key Levels (from your chart) 📌 Upside Targets: 🔸 3,120.14 – potential resistance / short-term TP 🔸 3,180.72 – extended upside target if momentum holds 🟩 Support Zones: ✅ 3,049.38 – minor intraday support ✅ 3,000.66 – recent breakout retest zone ✅ 2,960.77 – clean demand zone / OB zone ✅ 2,899.69 – last major demand / strong structure support 🧠 3. SMC & Liquidity Insights Buy-side liquidity has been cleared → clean runway toward psychological zones (3100–3200). FVG may exist between recent candles → shallow retracement into 3049 / 3000 possible. No active bearish OBs above → price remains in price discovery mode. 📅 4. Daily Trade Scenarios ✅ Scenario A: Bullish Continuation Hold above 3,049–3,060 → continuation toward: 🎯 3,120 🎯 3,180+ Look for strong H4 bullish candles on retest of minor support. ⚠️ Scenario B: Pullback to Demand Reject from 3,100+ and drop toward: 🔁 3,000 (retest previous high) 🔁 2,960 (key OB / FVG zone) Watch for bullish reversal signals (engulfing, break of structure) for re-entry long. 🟥 Scenario C: Deeper Reversal (Less Probable) Break below 2,899 could shift bias to neutral/short-term bearish. 🧭 Summary XAUUSD is in a strong trending phase with no major resistance above. Pullbacks into 3,049 / 3,000 / 2,960 are ideal areas to look for continuation longs. Focus remains on buy-the-dip setups as long as price holds above 2,899.
VANTAGE:XAUUSD
by GoldFxMinds
Will Monday Bring a Breakout or a Correction?Last week was characterized by extreme volatility, with price movements reflecting significant reactions across different trading sessions. On Friday, the Asian session managed to push past the $3057 mark, only for early European trading to see a pullback. However, the US session reversed course, fueling a rally that extended until market close. Key Levels to Watch on Monday Looking ahead, the critical question is whether the Asian session can break above $3086, potentially paving the way for a push beyond $3100. If this breakout fails, we could see a price correction similar to Friday's, especially during European trading. At present, I'm taking a cautious approach, observing the market while many anticipate further upside. While momentum appears strong, I prefer to wait for clearer confirmations before making a move. Potential Scenarios Breakout Above $3086 A successful push above this level could signal continuation toward $3100+, reinforcing the bullish sentiment. Failure at $3086 – Potential Pullback If the market struggles to sustain levels above $3086, a decline to $3076 is likely. A break below $3076 could see further downside to $3067 and possibly lower. Technical Indicators & Market Sentiment RSI (1H): Currently at 52, indicating neutral momentum. RSI (4H): Around 90, showing overbought conditions—especially following the Asian session rally. Market Sentiment: Many traders expect an upward continuation, but caution is warranted given overbought signals and the possibility of a correction. External Factors: Tariffs & Global Trends As we approach April 2nd, when new tariffs take effect, global markets have been showing signs of weakness. Uncertainty persists, and with gold acting as a safe haven, investors may seek protection, adding another layer of complexity to Monday’s price action. Conclusion The start of the week will likely be dictated by whether the Asian session can achieve a breakout above $3086. If it does, bullish momentum could drive prices higher. However, failure at this level could result in a correction, with key support levels at $3076 and $3067 in focus. Given the broader market conditions and upcoming economic events, a cautious approach remains prudent. 📉 Will Monday bring a correction, or is there still room for another rally? Share your thoughts in the comments! 🚀 ------------------------------------------------------------------------- This is just my personal market idea and not financial advice! 📢 Trading gold and other financial instruments carries risks – only invest what you can afford to lose. Always do your own analysis, use solid risk management, and trade responsibly. Good luck and safe trading! 🚀📊
OANDA:XAUUSD
by Wick-Sniper
The Greatest Opportunity of Your Life : Answering QuestionsThis video is an answer to Luck264's question about potential price rotation. I go into much more details because I want to highlight the need to keep price action in perspective related to overall (broader) and more immediate (shorter-term) trends. Additionally, I try to highlight what I've been trying to tell all of you over the past 3+ years... The next 3-%+ years are the GREATEST OPPORTUNITY OF YOUR LIFE. You can't even imagine the potential for gains unless I try to draw it out for you. So, here you go. This video highlights why price is the ultimate indicator and why my research/data is superior to many other types of analysis. My data is factual, process-based, and results in A or B outcomes. I don't mess around with too many indicators because I find them confusing at times. Price tells me everything I need to know - learn what I do to improve your trading. Hope you enjoy this video. Get Some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
AMEX:SPYEducation
by BradMatheny
Bitcoin harmonic pattern. Back to back Gartley. BTCGOLD ratio.The BTC/GOLD ratio has experienced a significant correction, currently standing at 27 gold ounces per 1 Bitcoin, down from a peak of 41, representing a decline of 34%. Gold, priced at $3,114 in US Federal Reserve notes, is in a sustained bull market. It is reasonable to anticipate that the digital equivalent of gold will gain traction once gold stabilizes at a higher price point. The Gartley pattern is recognized as the most prevalent harmonic chart pattern. Harmonic patterns are based on the idea that Fibonacci sequences can be utilized to create geometric formations, which include price breakouts and retracements. The Gartley pattern illustrated indicates an upward movement from point X to point A, followed by a price reversal at point A. According to Fibonacci ratios, the retracement from point X to point B is expected to be 61.8%. At point B, the price reverses again towards point C, which should reflect a retracement of either 38.2% or 88.6% from point A. From point C, the price then reverses to point D. At point D, the pattern is considered complete, generating buy signals with an upside target that aligns with points C and A, as well as a final price target of a 161.8% increase from point A. Often, point 0 serves as a stop-loss level for the entire trade. While these Fibonacci levels do not have to be precise, greater proximity enhances the reliability of the pattern. Will these consecutive Gartley patterns succeed in bolstering Bitcoin's strength? We will soon discover the answer.
BITSTAMP:BTCUSDLong
by BallaJi
XAUUSD - Uptrend is strong, pullback for buysThe gold market is displaying remarkable strength, with the XAU/USD pair recently breaking above the $3,085 level to establish new historical highs. The upward trajectory has been supported by a robust ascending trendline dating back to late February, indicating persistent bullish momentum. While the immediate trend remains decidedly positive, technical indicators suggest a potential short-term correction may be forthcoming, which would likely present advantageous buying opportunities for traders. The highlighted support zone around $3,030-$3,040 could serve as an ideal entry point for those looking to establish long positions, with the expectation that after this healthy pullback, gold will resume its upward march toward the projected target of $3,100 and potentially beyond. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDLong
by financialflagship
2
Last Friday, 3085 was shorted to make a profit, next week?Gold fell back on Friday after rising higher, and gold encountered resistance at 3085. However, gold is still just adjusting for the time being. Gold rebounded after the adjustment, and gold bulls are still relatively strong. You can continue to buy gold after it falls next week. After all, gold bulls are strong now, but don't chase it at high levels, and wait for it to fall before buying more. The 1-hour chart of gold still shows a golden cross with upward bullish divergence. After the adjustment, the gold bulls did not weaken, but continued to be strong. Therefore, the decline of gold is just an adjustment. Gold can continue to go long after the adjustment next week. Gold rose again after bottoming near 3067 on Friday. The gold moving average support has now moved up to a line near 3072. Therefore, gold is still a support area in this range. Then if gold falls back to support near 3070 next week, it will still be long on dips.
TVC:GOLDShort
by Fortune-signal
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 3090 and a gap below at 3074. 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 3090 EMA5 CROSS AND LOCK ABOVE 3090 WILL OPEN THE FOLLOWING BULLISH TARGET 3103 EMA5 CROSS AND LOCK ABOVE 3103 WILL OPEN THE FOLLOWING BULLISH TARGET 3117 EMA5 CROSS AND LOCK ABOVE 3117 WILL OPEN THE FOLLOWING BULLISH TARGET 3128 BEARISH TARGETS 3074 EMA5 CROSS AND LOCK BELOW 3074 WILL OPEN THE FOLLOWING BEARISH TARGET 3055 EMA5 CROSS AND LOCK BELOW 3055 WILL OPEN THE FOLLOWING BEARISH TARGET 3039 EMA5 CROSS AND LOCK BELOW 3039 WILL OPEN THE FOLLOWING BEARISH TARGET 3020 EMA5 CROSS AND LOCK BELOW 3020 WILL OPEN THE SWING RANGE SWING RANGE 2999 - 2985 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
OANDA:XAUUSD
by Goldviewfx
12
GOLD 4H CHART ROUTE MAP UPDATE & TRADING PLAN FOR THE WEEKHey Everyone, This is a continuation update from last week, which is playing out perfectly clearing first our Bearish target followed with all our Bullish targets with ema5 lock confirmations. We are now seeing a gap left open at 3089 and will need ema5 to cross and lock above this level for a continuation into the next level. Failure to lock will see price reject into the lower Goldturns for bounces or further cross and locks below the levels to open the levels below. 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 3045 - DONE EMA5 CROSS AND LOCK ABOVE 3045 WILL OPEN THE FOLLOWING BULLISH TARGET 3067 - DONE EMA5 CROSS AND LOCK ABOVE 3067 WILL OPEN THE FOLLOWING BULLISH TARGET 3089 EMA5 CROSS AND LOCK ABOVE 3089 WILL OPEN THE FOLLOWING BULLISH TARGET 3114 BEARISH TARGETS 3018 EMA5 CROSS AND LOCK BELOW 3018 WILL OPEN THE FOLLOWING BEARISH TARGET 2985 EMA5 CROSS AND LOCK BELOW 2985 WILL OPEN THE SWING RANGE SWING RANGE 2947 - 2918 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
OANDA:XAUUSD
by Goldviewfx
4
GOLD DAILY CHART MID/LONG TERM UPDATEHey Everyone, This is an update on our daily chart idea that we are now tracking for a while now. If you have only started following us, please read the updates below at the bottom from previous weeks to see how effectively we have been tracking this. Now after completing the target to the channel top we stated that if we see ema5 lock outside the channel then we will look for support outside the channel on the channel top for a continuation, which played out perfectly, as the channel top after the breakout provided support for a continuation. We then stated and expected price to play between 3052 and 3007 until we see a break to confirm our next range. We got the test on 3007 with no body close or ema5 lock, which confirmed the rejection and the bounce perfectly into 3052, which then followed with the body close above 3052 opening the range above, giving a nice clean run of over 300 pips. Gap remains open and ema5 lock will only further confirm this but we are happy with the run already and will now continue to buy from dops only. 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 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 OLD UPDATES ON THIS CHART IDEA MARCH 23RD WEEK UPDATE The half line of our unique channel gave the perfect bounce into the next axis target at 2904, inline with our plans to buy dips just like we stated. We now have a body close once again with ema5 cross and lock above 2904 leaving the range above open. We will continue to look for support at the ascending half-line of the channel, as we climb into the range. PREVIOUS WEEKS UPDATE 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.
OANDA:XAUUSD
by Goldviewfx
6
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone, Please see update on our weekly chart idea, that we have been tracking from last week since completing our previous long range/term weekly chart idea. Last week we stated that we were seeing a candle break above the channel half-line and will need ema5 to follow to confirm the break out for a continuation above. We got the cross and breakout, which gave a nice push up now heading towards 3094 and just fell short leaving this gap open. We have a small detachment to ema5 lagging also potentially due for a correction. The play range on the weekly chart is 2943 below and 3094 above. We will look for ema5 lock or body close above or below to confirm the next mid to long term range. 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
OANDA:XAUUSD
by Goldviewfx
11
GOLD (XAUUSD): 3100 soon?! Gold closed on Friday, consolidating within the intraday range. Probabilities are high that growth will resume next week. Your signal to buy will be a breakout of the underlined resistance on the hourly time frame. 1H candle close above 3087 will confirm the violation. A bullish continuation will be expected to 3100 level then. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDLong
by VasilyTrader
5
ICT Concepts for FX and GOLD traders: 2025 edition🔍 ICT (Inner Circle Trader) is a trading methodology developed by Michael J. Huddleston. It focuses on market structure, smart money concepts (SMC), and how institutions manipulate liquidity to trap retail traders. 📚 It's not about indicators or over-complication — it's about reading the price action like a pro, understanding where liquidity is, and trading with the banks, not against them. 📐 1. Market Structure Understand Highs & Lows: Identify break of structure (BOS) and change of character (CHOCH) Follow the macro to micro flow: D1 > H4 > M15 for precision entries 🧱 2. Order Blocks (OBs) An order block is the last bullish or bearish candle before a major price move. Banks and institutions place large orders here. Smart traders look for price to return to these areas (mitigation), then enter with tight stop losses. 👉 Think of OBs as institutional footprints on the chart. 💧 3. Liquidity Zones Equal highs/lows, trendline touches, support/resistance — these are liquidity traps. ICT teaches that price often hunts liquidity before reversing. That’s why many retail traders get stopped out. Learn to trade into liquidity, not off it. 🔄 4. Fair Value Gaps (FVGs) Also called imbalances — when price moves too fast and leaves gaps. Price often retraces to "fill the gap" — a key entry point for ICT traders. 🥇 ICT for Gold & Forex in 2025 💰 Why It Works for XAUUSD & Majors: Gold is a highly manipulated asset, perfect for ICT-style trading. It responds beautifully to liquidity grabs, order blocks, and Asian–London–New York session transitions. Forex majors (EUR/USD, GBP/USD, etc.) are also ideal since they’re heavily influenced by institutional flow and news-driven liquidity hunts. 🕐 Timing Is Everything Trade Killzones: 📍 London Killzone: 2AM–5AM EST 📍 New York Killzone: 7AM–10AM EST These are high-volume sessions where institutions make their moves. 📈 Typical ICT Setup ▪️Spot liquidity zone above or below recent price ▪️Wait for liquidity sweep (stop hunt) ▪️Identify nearby order block or FVG ▪️Enter on a pullback into OB/FVG ▪️Set tight SL just past the recent swing Target internal range, opposing OB, or next liquidity level 👨‍💻 Why FX/GOLD Traders Love ICT ✅ It’s clean, no indicators, and highly logical ✅ Great for part-time trading — 1 or 2 trades a day ✅ Feels like "leveling up" your understanding of the market ✅ Perfect for backtesting and journaling on platforms like TradingView or SmartCharts ✅ Easy to integrate into algo-based systems or EAs for semi-automation If you’re tired of indicators and guessing, and want to trade like the institutions, ICT is a game changer. In 2025, more prop firms and traders are applying ICT concepts to dominate markets like gold, forex, and even crypto. 🧭 Master the method. Understand the logic. Ride with the smart money. 🔥 Welcome to the next level of trading.
Education
by ProjectSyndicate
21
Jambo update!!BYBIT:JUSDT.P An update on jambo, i pasted the screenshot of my first interest on the chart so you guys get a better idea of what im talking about. I would keep this in mind as it gives a good example of what patience looks like. We are down at a price that looks great, now it would make sense to wait for a reaction at this deep support zone on the weekly chart... if the 4hr from here reacts nicely, ill be watching for a retracement to snipe from the 15m. Ill update again, I've only got two outcomes!!
Long
by RPMWealth-Capital
Gold can continue moving up inside the upward channelHello traders, I want share with you my opinion about Gold. At the beginning of the chart, the price started to grow from the buyer zone between 2865–2880 points, entering the first upward channel, where it formed higher highs and higher lows. After multiple rejections from the resistance line, the price made a correction and exited the channel, but the overall bullish impulse remained intact. Following a brief consolidation in the support area between 3000–3015 points, GOLD launched another strong move upward, securing a position above the current support level at 3000. This zone has proven to be strong support and marked the beginning of a new upward channel. Currently, the price is trading confidently inside this second upward channel. After a minor correction to the midline, GOLD continued its upward trajectory. I expect a short-term pullback, but as long as the support holds, the bullish trend is likely to continue. My main scenario assumes that GOLD will stay within the channel and move toward TP1, which is set at 3135 points. Given the bullish structure, solid reaction from support, and clear upward momentum, I remain bullish and anticipate further growth. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDLong
by LegionQ8
9
GOLD - Price can bounce up from pennant to $3100 pointsHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Price sometimes declined inside the falling channel, where it broke support level and fell to the channel's support line. Then it turned around and rose to support area, some time traded near and later continued to move up. Gold broke $2935 level again and soon exited from channel also, after which continued to grow in pennant. In pennant, price reached $3055 level, which coincides with resistance area and tried to break it, but failed. After this, price corrected to support line of pennant and then started to grow, and now it trades near $3055 level. In my mind, Gold can bounce up from support line of pennant to $3100, breaking resistance level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDLong
by WalterMoon
10
XAUUSD Still Strong! Ready to Continue to 3100-3200?Happy Weekend, Traders! Hope you had a profitable week and that our strategies are working well! 🟡 XAUUSD Outlook for Next Week Gold (XAUUSD) continues to dominate, closing at 3085, and the bullish momentum remains strong. From a technical perspective, the price structure is still in an uptrend, with the potential to push toward 3100 and even 3200 in the coming weeks. On the fundamental side, the economic conditions in the U.S. further support the rise in gold prices. Market uncertainty and expectations surrounding the Fed's policies remain key catalysts for XAUUSD’s strength. Additionally, as we enter the summer season, gold tends to experience increased market activity and volatility. 🟢 Key Levels to Watch: ✅ Support: 3070 – 3050 ✅ Resistance: 3100 – 3200 Always keep an eye on price action and fundamental news to stay ahead of market moves! 🔥 Don’t forget to Follow & Like my account @Algonatuthx for more market insights and trading updates! OANDA:XAUUSD Happy Trading & Stay Profitable! 💰
OANDA:XAUUSDLong
by algonauthx
Unstoppable, GOLD could rise in Big Data WeekOANDA:XAUUSD markets maintained solid gains in the initial reaction to higher-than-expected inflation data, with OANDA:XAUUSD surging to a record high as investors flocked to the safe-haven asset amid concerns that US President Donald Trump’s latest tariffs will spark a global trade war. It is now up more than 17% for the quarter, which would be its best quarterly performance since 1986. PCE data slightly exceeds expectations, but has limited impact on rate cut expectations Data showed that the US personal consumption expenditures (PCE) price index rose 0.4% month-on-month in February, above market expectations of 0.3% and in line with January. While inflation data was somewhat upbeat, it was not enough to significantly change market expectations for a Fed rate cut. The Fed has yet to adjust its policy rate this year, having previously cut rates three times through 2024. Markets now expect the Federal Reserve to cut rates by a total of 63 basis points starting in July this year, and could start cutting rates by 50 basis points by mid-year. Gold is traditionally a safe-haven asset that performs well in an environment of political and economic risk and low interest rate expectations. Trump is about to announce "reciprocal tariffs", and the market is very wary of inflation and growth risks The market is closely watching the Trump administration's plan to announce "reciprocal tariffs" on April 2. Trump's policies have the effect of promoting inflation, not only increasing the risk of economic recession, but also may exacerbate global trade tensions. This is beneficial for gold prices! Looking ahead to next week, in addition to the technical upside and current support for gold, gold prices remain well supported as US economic data continues to highlight slowing growth. Next week’s jobs data is expected to be a significant mover. Any weakness in the labor market could weigh on equities and boost safe-haven demand for gold. Therefore, as usual, the employment data will be the focus of the economic calendar next week, and more detailed analysis will be sent to readers in the next editions. In particular, along with the economic data, traders also need to monitor how the world reacts to the implementation of US trade tariffs, which are expected to take effect on April 2. This will deeply affect the US Dollar and the price of gold, any risk of escalating tariff conflicts will cause gold prices to increase immediately. Economic Data to Watch Next Week Tuesday: US ISM Manufacturing PMI, JOLTS Jobs Open Wednesday: US Global Tariffs, ADP Nonfarm Payrolls Thursday: US Weekly Jobless Claims, ISM Services PMI Friday: US Nonfarm Payrolls (NFP)
OANDA:XAUUSD
by Xayah_trading