GOLD 12H CHART ROUTE MAP ANALYSIS FOR THE WEEK12H GOLD Chart: Updated Analysis and Strategic Outlook (10the Feb 2024)
Hello Traders,
Here’s the latest 12H GOLD chart update, featuring a detailed review of recent movements and actionable insights for the upcoming market sessions. Our diligent tracking since October 2023 has consistently delivered 100% target accuracy, as evidenced by the marked Golden Circle areas on the charts. Let’s dive into the highlights and what lies ahead.
Previous Chart Review
* Entry Level 2814: ✅ DONE
* TP1 2858: ✅ DONE
* The price broke above the resistance level 2858 and reached a new ATH at 2886 last week.
* EMA5 held above 2858, which fueled the strong bullish push during Friday’s NFP release.
What’s Next for GOLD? Bullish or Bearish?
The price is currently consolidating around 2858, with EMA5 playing a crucial role in determining the next trajectory.
Resistance Levels: 2903, 2948, 2993
Support Levels (Activated GOLDTURN Levels):
2813 (Critical Weighted Level)
2770 (Critical Weighted Level)
2710 (Critical Weighted Level)
2664 (Major Support Level)
2599 (Lower Major Demand Zone and Retracement Range)
EMA5 Behavior (Red Line):
* Currently sitting below TP1 (2858) but indicating sustained bullish momentum.
* EMA5’s crossing and locking above or below key levels will signal the next move:
Bullish Scenarios:
Scenario 1: If EMA5 crosses and locks above TP1 (2858), expect a bullish rally toward 2903.
Scenario 2: If EMA5 crosses and locks above TP2 (2903), the next target is 2948.
Scenario 3: A further cross and lock above 2948 could drive the price to 2993.
Bearish Scenarios:
If EMA5 fails to sustain above TP1 (2858) and resistance levels hold, expect a pullback toward support zones:
Scenario 1: A cross and lock below Entry (2813) could lead to a decline toward 2770.
Scenario 2: A further drop below 2770 may target 2710 as the next support level.
Scenario 3: Continued bearish momentum could push the price toward 2664 and, ultimately, 2599 (Retracement Range).
Short-Term Strategy:
Anticipate possible reversals at weighted GOLDTURN levels 2813 and 2770.
Leverage 1H and 4H timeframes to capture pullbacks around these levels.
Target 30–40 pips per trade, focusing on shorter positions for effective risk management.
GOLDTURN levels provide reliable bounce opportunities, allowing you to buy at dip levels.
Long-Term Outlook:
Maintain a bullish bias while using pullbacks as buying opportunities.
Buying near key support levels ensures better entry points and mitigates risks, avoiding the pitfalls of chasing tops.
Final Thoughts:
Trade with precision, discipline, and confidence. Our accurate, multi-timeframe analysis equips you to navigate the market effectively. Stay updated with daily insights to remain ahead of market trends.
We appreciate your support! Don’t forget to like, comment, and share this post to help others benefit.
Best regards,
📉💰 The Quantum Trading Mastery Team
Goldlong
GOLD 4H ROUTE MAP TRADING PLAN / READ CAPTION CAREFULLYGOLD 4H Chart Analysis – 12th Feb 2025
Dear Traders,
Here’s the latest update on our 4H chart. It’s been a productive week! If you reviewed our previous chart on the 11th of February, today’s analysis should help guide your trading plan for the week.
Chart Color Codes:
* Red boxes (right): Support levels labeled as GOLDTURN LEVELS. A small red circle marks activation after short reversals.
* White GOLDTURN LEVELS (top): Not yet activated.
* Green boxes on the top(left): New Take Profit Targets.
* Green boxes with red outlines: Achieved targets.
* Grey button: Entry point from the 11th of February.
Review of Previous Chart:
Entry Level: 2814
Take Profit 1: 2850.15 ✅ (Hit)
Take Profit 2: 2876.95 ✅ (Hit)
Take Profit 3: 2903.76 ✅ (Hit)
Take Profit 4: 2925.85 ✅ (Hit)
We observed three reversals of 20–40 pips, highlighted with red circles.
New Take Profit Levels Added: TP5, TP6, TP7, and TP8
Key Focus Areas:
Identify Key Levels, Resistance, Support, and watch EMA5 closely. EMA5 behavior will determine the next price direction.
Key Levels:
Key Level: 2900
Resistance Levels: 2925, 2952, 2984, 3017, 3052
Support Levels: 2876, 2852, 2828, 2803, 2776, 2747
EMA5 Status:
Current EMA5: 2898.14
Bullish Targets
EMA5 cross and hold above 2900, will open the following bullish target 2925 again
EMA5 cross and lock Above 2925, will open the following bullish target 2952
EMA5 cross and lock Above 2952, will open the following bullish target 2984
EMA5 cross and lock Above 2984, will open the following bullish target 3017
EMA5 cross and lock Above 3017, will open the following bullish target 3052
Bearish Targets
EMA5 hold and cross Below 2900: will open the following bearish target 2876
EMA5 cross and lock Below 2876: will open the following bearish target 2852
EMA5 cross and lock Below 2852: will open the following bearish target 2828
EMA5 cross and lock Below 2828: will open the following bearish target 2803(Retracement Range)
EMA5 cross and lock Below 2803: will open the following bearish target 2747 (Swing Range)
Trading Plan:
* Stay bullish and buy pullbacks from key levels.
* Avoid chasing tops—focus on buying dips.
* Use smaller timeframes for entries at Goldturn levels.
* Aim for 30–40 pips per trade for optimal risk management.
* Each level can yield 20–40+ pips reversals.
Trade with confidence and discipline. Stay tuned for our daily updates! Please support us with likes, comments, and follows to keep these insights coming.
📉💰 The Quantum Trading Mastery
GOLD 1H CHAR ROUTE MAP & TRADING PLAN FOR THE WEEKGOLD 1H Chart – 12th Feb 2025
Dear Traders,
Here’s the latest 1H chart analysis, outlining key levels and targets for the week.
Gold is currently trading between two critical levels, with a gap above 2905 and below 2883. A confirmed EMA5 crossover and lock above or below these levels will indicate the next price direction. Until then, expect price fluctuations as these levels are tested repeatedly.
Keep in mind that Inflation and CPI data are due today and tomorrow. While fundamental analysis plays a role in predicting gold's movement, our advanced technical analysis is essential for precise entry and exit points during these volatile geopolitical times.
Our strategy remains focused on buying dips and monitoring key levels to identify potential bounce opportunities. Stay sharp!
Resistance Levels: 2905, 2920, 2942, 2963, 2982, 3001, 3021, 3043
Support Levels: Gold Turn Levels : 2883, 2852, 2837, 2817,
Retracement Range: 2802 - 2817
Swing Range: 2747
EMA5 (Red Line) Analysis:
* Currently fluctuating between 2886 and 2905
* EMA5 positioning will be crucial in determining the next trading direction.
Bullish Targets:
EMA5 cross and lock Above 2905 → will open the following bullish Target 2920 ✅Done
EMA5 cross and lock Above 2920 → will open the following bullish Target 2942 ✅Done
EMA5 cross and lock Above 2942 → will open the following bullish Target 2963
EMA5 cross and lock Above 2963 → will open the following bullish Target 2982
EMA5 cross and lock Above 2982 → will open the following bullish Target 3001
EMA5 cross and lock Above 3001 → will open the following bullish Target 3021
EMA5 cross and lock Above 3021 → will open the following bullish Target 3043
Bearish Targets:
EMA5 cross and lock Below 2883 → will open the following bearish Target 2852
EMA5 cross and lock Below 2852 → will open the following bearish Target 2837
EMA5 cross and lock Below 2837 → will open the following bearish Target 2817
EMA5 cross and lock Below 2817 → will open the following bearish Target 2802 (Retracement Range)
EMA5 cross and lock Below 2802 → will open the following bearish Target 2747 (Swing Range)
Trading Plan:
* Stay bullish and buy pullbacks from key levels.
* Avoid chasing tops—focus on buying dips.
* Use smaller timeframes for entries at Goldturn levels.
* Aim for 30–40 pips per trade for optimal risk management.
* Each level can yield 20–40+ pips reversals.
Trade with confidence and discipline. Stay tuned for our daily updates! Please support us with likes, comments, and follows to keep these insights coming.
📉💰 The Quantum Trading Mastery
GOLD 1H CHAR ROUTE MAP & TRADING PLAN FOR THE WEEKGOLD 1H Chart – 17th Feb 2025
Dear Traders,
Here’s the latest 1H chart analysis, outlining key levels and targets for this week trading plan
Gold is currently trading between two critical levels, with a gap above 2905 and below 2878. A confirmed EMA5 crossover and lock above or below these levels will indicate the next price direction. Until then, expect price fluctuations as these levels are tested repeatedly.
Keep in mind that Its president day today in the US and market will remain close today.
Our strategy remains focused on buying dips and monitoring key levels to identify potential bounce opportunities. Stay sharp!
Resistance Levels: 2905, 2920, 2942, 2949, 2972, 2994, 3011
Support Levels: Gold Turn Levels : 2878, 2852, 2837, 2817, 2802, 2776, 2747
Retracement Range: 2802 - 2817
Swing Range: 2747
GOLDTURN LEVELS ARE ACTIVATED!
EMA5 (Red Line) Analysis:
* Currently fluctuating between 2878 and 2905
* EMA5 positioning will be crucial in determining the next trading direction.
Bullish Targets:
EMA5 cross and lock Above 2910 → will open the following bullish Target 2928
EMA5 cross and lock Above 2928 → will open the following bullish Target 2949
EMA5 cross and lock Above 2949 → will open the following bullish Target 2972
EMA5 cross and lock Above 2972 → will open the following bullish Target 2994
EMA5 cross and lock Above 2994 → will open the following bullish Target 3011
Bearish Targets:
EMA5 cross and lock Below 2878 → will open the following bearish Target 2852
EMA5 cross and lock Below 2852 → will open the following bearish Target 2837
EMA5 cross and lock Below 2837 → will open the following bearish Target 2817
EMA5 cross and lock Below 2817 → will open the following bearish Target 2802 (Retracement Range)
EMA5 cross and lock Below 2802 → will open the following bearish Target 2747 (Swing Range)
Trading Plan:
* Stay bullish and buy pullbacks from key levels.
* Avoid chasing tops—focus on buying dips.
* Use smaller timeframes for entries at Goldturn levels.
* Aim for 30–40 pips per trade for optimal risk management.
* Each level can yield 20–40+ pips reversals.
Trade with confidence and discipline. Stay tuned for our daily updates! Please support us with likes, comments, and follows to keep these insights coming.
📉💰 The Quantum Trading Mastery
GOLD 4H ROUTE MAP TRADING PLAN FOR THE WEEKGOLD 4H Chart Analysis – 24th Feb 2025
Hi Everyone,
Please see our updated 4h chart levels and targets for the coming week.
Review of Previous Chart:
Entry Level: 2814 ✅
Take Profit 1: 2850.15 ✅ (Hit)
Take Profit 2: 2876.95 ✅ (Hit)
Take Profit 3: 2903.76 ✅ (Hit)
Take Profit 4: 2925.85 ✅ (Hit)
Take Profit 5: 2952.70 ✅ (Hit)
To Achieve TP6, TP7 and TP8, please consider the following scenario below. Read the caption carefully.
Key Level: 2876
Resistance Level: 2952, 2984, 3017, 3052
Support Levels (Goldturn Levels) : 2925, 2900, 2876, 2852, 2828, 2803, 2776, 2747
GOLDTURN KEY LEVELS ARE ACTIVATED at zone 2925 and below.
EMA5 Behavior (Red Line):
Current EMA5: 2935.28
FOCUS ON EMA5 REACTION DEEPLY
* EMA5 is fluctuating between two key weighted levels, with a gap above 2952 and below the 2925 GoldTurn level.
* A crossover of EMA5—either above or below the weighted level—will signal the next significant move for GOLD.
Bullish Targets
EMA5 cross and lock Above 2952, will open the following bullish target 2984
EMA5 cross and lock Above 2984, will open the following bullish target 3017
EMA5 cross and lock Above 3017, will open the following bullish target 3052
Bearish Targets
EMA5 cross and lock Below 2925: will open the following bearish target 2900
EMA5 cross and lock Below 2900: will open the following bearish target 2876
EMA5 cross and lock Below 2876: will open the following bearish target 2852
EMA5 cross and lock Below 2852: will open the following bearish target 2828
EMA5 cross and lock Below 2828: will open the following bearish target 2803 (Retracement Range)
EMA5 cross and lock Below 2803: will open the following bearish target 2747 (Swing Range)
Trading Plan:
* Stay bullish and buy pullbacks from key levels.
* Avoid chasing tops—focus on buying dips.
* Use smaller timeframes for entries at Goldturn levels.
* Aim for 30–40 pips per trade for optimal risk management.
* Each level can yield 20–40+ pips reversals.
ong-Term Outlook:
Maintain a bullish bias while using pullbacks as buying opportunities.
Buying near key support levels ensures better entry points and mitigates risks, avoiding the pitfalls of chasing tops.
Trade with confidence and discipline. Stay tuned for our daily updates! Please support us with likes, comments, and follows to keep these insights coming.
📉💰 The Quantum Trading Mastery
Weak US Economic Data Could Drive Prices Higher - 28.03.2025Gold prices have been on a strong upward trend, reaching a high of $3,059. The upcoming US economic data release on March 28, 2025, could provide new momentum for gold, particularly with the following key indicators in focus:
- Core PCE Price Index (MoM)
- Personal Spending (MoM)
- Personal Income (MoM)
Current forecasts suggest a slowdown in inflation and weaker economic activity, which could create a bullish environment for gold.
Economic Data Expectations and Market Implications
The Core PCE Price Index, the Federal Reserve’s preferred measure of inflation, is expected to rise by 0.2%, down from the previous 0.3%. This signals a slowdown in price pressures, increasing the likelihood of the Fed adopting a more dovish stance in the coming months. If inflation continues to decline, expectations for rate cuts could strengthen, which would be supportive of gold prices.
Personal spending is forecasted to increase by 0.3% - 0.5%, a modest recovery from the previous decline of -0.2%. However, this remains a weak rebound, suggesting that consumers are still cautious. Slower spending means less inflationary pressure, which could further encourage the Fed to ease monetary policy.
Personal income is expected to rise by 0.3% - 0.4%, significantly lower than the previous 0.9% increase. A slowdown in income growth could weigh on consumer spending and overall economic activity, reinforcing the case for lower interest rates.
Impact on Gold Prices
The combination of declining inflation, weak spending, and slower income growth increases the likelihood that the Federal Reserve will cut interest rates sooner rather than later. Gold, which tends to perform well in a lower interest rate environment, could see further gains as a result.
Key bullish factors for gold include:
Lower inflation expectations: A weaker Core PCE Price Index supports a more accommodative Fed stance.
Sluggish consumer spending: Less inflationary pressure gives the Fed room to cut rates.
Slower income growth: Weaker earnings could further dampen economic momentum, increasing demand for safe-haven assets like gold.
The main risk to gold prices would be a surprise shift in market sentiment. If the Fed remains cautious and delays rate cuts, gold could face short-term resistance. However, given the current data outlook, the overall trend remains positive.
Trading Idea: Long Position on Gold (XAU/USD)
Given the softer economic data, gold prices could continue their bullish momentum. If inflation shows signs of easing and economic activity slows, traders may start pricing in Fed rate cuts more aggressively, pushing gold higher.
A potential long trade setup could be to enter a buy position around $3,050 - $3,065, targeting $3,080, with an extended upside potential.
To manage risk, a stop-loss below could be placed to account for potential short-term pullbacks.
Conclusion
The upcoming US economic data release suggests a cooling economy, which could lead to increased expectations of Fed rate cuts. This would be a bullish catalyst for gold, reinforcing its role as a hedge against monetary easing.
A long position on gold around $3,065, with targets at $3,080, could be an attractive setup in the short term. Risk management remains key, with a stop-loss set close below.
If economic data confirms a weakening trend, gold could soon test new highs. Stay alert to market reactions and Fed commentary! 🚀
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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! 🚀📊
XAUUSD:Should I make money by going short after buying?Did you follow the accurate instructions to buy XAUUSD this time? If not. What about next time?
The precise and exclusive signals, updated by the independent group, once again led the following traders to expand their profits.
Accurate low-level buying. Hit TP smoothly. So trading is not difficult, but you did not follow the right person.
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Gold shocks converge, trading strategy fully analyzedTechnical analysis of gold: Gold has slightly risen and fallen during the day, and the overall trend remains in a volatile trend. Gold is currently maintaining a narrow range of fluctuations on the daily trend, but the short-term moving average has gradually diverged downward, and there are signs of weakening in the short term on the daily line. The 4-hour level trend is temporarily maintained in a volatile state, and the price is temporarily compressed between 3010-3030. The short-term moving average continues to maintain a state close to adhesion and flattening, tending to maintain a volatile trend in the short term. It is necessary to pay attention to the continued downward trend after a small break in the 4-hour level trend. In the small-level cycle trend, after touching the previous support band, there are signs of stabilization again. Pay attention to the short-term adjustment.
Gold is about to explode in a big market. The obvious box-shaped oscillation triangle is converging, that is, it has become narrower, and the oscillation has lasted too long. If it can break through 3038 with consecutive positive lines, then today will basically continue a wave of pull-ups, so there is a high probability that the 4-hour middle track or the daily 5-day moving average will break. On the contrary, if the psychological barrier of 3000 is lost, the market may fall back to the support zone of 2971-2997 for correction. On the whole, today's short-term operation of gold suggests that callbacks should be the main focus, and rebound shorts should be supplemented. The top short-term focus is on the first-line resistance of 3030-3036, and the bottom short-term focus is on the first-line support of 3010-3012. Friends, you must keep up with the rhythm. Gold operation strategy: short gold rebound near 3028-3035, and go long on the pullback of 3015-3010.
Interval oscillation, opportunities are within your graspMy dear friends, the gold range idea has been fulfilled again. Do you still remember the batch shorting gold strategy we laid out before? Facts have proved that our vision and judgment are extremely accurate! At present, the gold price has successfully reached the target area. Congratulations to everyone for making a profit again. This wave of operations is simply beautiful. I am honored to be recognized and encouraged by everyone. We set sail on the road of trading. I will bring my trading strategy plan, and you will bring your execution discipline. I believe we will definitely have good results.
But investment is never a one-shot deal. The current profit is only a phased result. The gold market has always been turbulent, and the subsequent trend is full of uncertainty. The operation strategy plan can first refer to the unchanged range thinking method I mentioned earlier, the high-altitude and low-multiple operation strategy, and conduct in-depth technical and news analysis. Gold will temporarily maintain a volatile thinking approach. The large range focuses on 3035-3000, and is in horizontal consolidation. In the 4H cycle, the Bollinger Bands are also in a closed state, and the K-line is interlaced at the middle track. In the short-term sideways consolidation and accumulation stage, the operation relies on 3035 as the critical point of adjustment. Below this position, continue to look at the callback, recover and stabilize, and then adjust the thinking. Pay attention to the support of 3012 and 3000 below. Maintain high-altitude and low-multiple operations as a whole, and follow up after the breakthrough. The specific operation is combined with the short-term pattern. Once there is a new change, I will inform you as soon as possible. Operation suggestion: Gold is short near 3030-35, and the target is 3020 and 3015! It is long near 3010-3000. The target is 3015 and 3026!If your current gold operation is not ideal, I hope to help you avoid detours in your investment. The information I recently shared about the gold market has received a lot of feedback, and everyone said it was very helpful! If you don’t know when to enter the market, you can follow me 🌐, I will release specific signals in real time, remember to pay attention to the bottom 🌐 signal in time.
Golden Opportunities: Navigating the New Era of InvestmentFolks, we're witnessing something truly remarkable with XAUUSD. Gold's weekly uptrend is not just a blip on the radar; it's a beacon signaling a return to the fundamentals I've been harping on for ages. Recall my earlier insights? I pegged the long-term trend in Gold, and here we are, watching it soar. Trump's chatter about inflation and rates? It's like watching a chess game where each move by the Fed could be influenced by such rhetoric. The market, my friends, seems to be betting on this narrative, pricing in these potential shifts.
Now, let's not forget the basics. Historically, precious metals dance to the tune of real interest rates - those inflation-adjusted numbers. Sure, during times of market panic or geopolitical tension, Gold might get caught in the crossfire as either a collateral darling or a safe haven. But in these calmer waters, it's the real rates that dictate the dance. So, keep your eyes on the prize. Gold isn't just shining; it's setting the stage for what might be a golden era in investment. Watch, learn, and maybe, just maybe, enjoy the ride as we navigate these waters together. Stay vigilant, and may your investments be as golden as your opportunities.
Horban Brothers,
Alex Kostenich
Gold hit 3300 , why not ? The Conference Board (a non-profit research organization in the United States, specializing in providing reports and analysis on economic issues, jobs, labor markets and long-term trends) announced on Tuesday that the US consumer confidence index fell to 92.9, down from a revised 100 in February.
This data was weaker than expected, as economists had predicted a smaller decline, only falling to 94.2.
Société Générale (SocGen - a large multinational bank based in France) has just announced its multi-asset portfolio strategy for the second quarter. The bank still holds 7% of its portfolio in gold and forecasts that the price of gold could reach $4,000/ounce.
At 7%, gold remains the largest commodity position in SocGen’s portfolio. “Gold remains a strong asset amid the geopolitical reshaping of the US, which has triggered strong policy responses,” the analysts said.
Although gold prices are currently hovering above $3,000 an ounce, SocGen expects gold prices to continue to rise. The French bank forecasts gold prices to average around $3,300 an ounce in the fourth quarter.
Geopolitical uncertainty continues to support gold as an important global currency, the analysts said. They also pointed to conditions that could push prices to $4,000 an ounce.
Gold------Buy near 3013, target 3030-3040Gold market analysis:
Gold has been fluctuating this week, and daily buying and selling have begun to compete. I estimate that this week will fluctuate first, and the direction will begin in the second half of the week. Today has entered the end of the fluctuation. We will follow up with new ideas if it breaks through. The current large fluctuation range is 3000-3037. Yesterday, the daily line closed with a small positive, but the upper shadow line was relatively high. The daily line now has no obvious direction. The 5-day line and the 10-day line of the daily line have begun to merge. Today's Asian session will maintain a small range of fluctuations to treat both long and short opportunities. If it breaks through 3000-3037 at night, either side should actively follow. The current small fluctuations have not changed the buying trend of the large cycle, but the top is still very obvious.
In the Asian session, gold should first focus on the space between 3013 and 3035. If the Asian session falls back to 2013 first, look for buying opportunities. The low point of the Asian session is 3016. The support of the Asian session is around 3016-3013. The suppression position is the high point of yesterday. The volatile market must be controlled well, otherwise it is easy to get on the train midway and it is difficult to catch profits.
Support 3016-3013. Strong support 3000, suppression 3035-3037, the watershed of strength and weakness of the market is 3020.
Operation suggestion:
Gold------Buy near 3013, target 3030-3040
GOLD in a Bullish Flag – Breakout Incoming?OANDA:XAUUSD is undergoing a corrective move as it tests the lower boundary of the ascending channel, which serves as dynamic trendline support. The structure aligns with a bullish flag formation, indicating the potential for a continuation to the upside if buyers step in.
A successful rebound from this level could lead to a move toward the midline of the channel, with the next target at 3,100, aligning with the upper boundary of the channel. This scenario would preserve the broader bullish trend.
A confirmed breakdown below the trendline support, however, would invalidate the bullish outlook and open the door for further downside.
Monitoring candlestick patterns and volume at this critical zone is essential for identifying buying opportunities. Proper risk management is advised, always confirm your setups and trade with solid risk management.
If you have any thoughts on this setup or additional insights, drop them in the comments!
Go long and win, then go short on the reboundToday, the layout of gold is to go long in batches near 3005-3008, and 3020 is a successful profit. Now the rebound continues to go short.
In terms of the daily line structure, yesterday's rebound of gold first touched the pressure of the 5-day line, and then the market retreated to the vicinity of the 10-day line. The overall trend is in line with expectations, fluctuating within the daily average range, and the rhythm of rising first and then falling also increases the expectation of the continuation of the short-term market adjustment. The pressure of the 10-day line can continue to be paid attention to on the upper side of gold during the day, but the 10-day line has now moved down to the vicinity of 3027, and today's market opened near the 5-day line 3012. Combined with the trend of the hourly chart, gold fell again to the vicinity of 3000 overnight, indicating that the short-term trend still follows the technical trend, but the main sentiment of the market is still controlled by the bulls. If the fundamentals unexpectedly break out with good news, the bulls' sentiment may go crazy at any time. In the day, we can pay attention to the pressure near the short-term trend line 3025 on the upper side of gold, and continue to pay attention to the competition around 3005-00 on the lower side. If 3000 is lost, we will look for a larger space to retrace. If the market has been fluctuating above 3000 today, the risk of short-term market variables will increase.
For specific operations, it is recommended to be short at 3020-3025, and look at 3015-3005.
If your current gold operation is not ideal, I hope to help you avoid detours in your investment. The information I recently shared about the gold market has received a lot of feedback, and everyone said it was very helpful! If you don’t know when to enter the market, you can follow me 🌐, I will release specific signals in real time, remember to pay attention to the bottom 🌐 signal in time.
GoldCurrent Price: Gold is trading around $3,015.66 per ounce, reflecting a modest increase of 0.1%.
🔍 Technical Analysis
Support and Resistance Levels:
Support: The key psychological level at $3,000 has acted as a strong support, with prices stabilizing above this mark after a recent pullback.
Resistance: Immediate resistance is observed around $3,040, aligning with recent intraday highs.
Moving Averages:
The 50-period Simple Moving Average (SMA) has provided support, indicating a continuation of the bullish trend.
Stochastic Oscillator:
The Stochastic indicator shows positive signals after forming a divergence, suggesting potential upward momentum.
The opening situation is clear, practical guideGold news:
The rise of the US dollar index benefited from Trump's tariff policy. Just yesterday, Trump suddenly announced: a 25% tariff on the purchase of oil and natural gas from Venezuela, and claimed that individual tariffs would be reduced. The market's tense nerves were released, and the US dollar index rose sharply. As the end of the month approaches, the market needs to rebalance its investment portfolio, increase the allocation of US dollars to hedge against unknown risks, and push the US dollar to continue to rise. Yesterday, the market news was light. Today, the market will welcome the speech of Federal Reserve Board Governor Kugler on "Economic Outlook and Entrepreneurship". Immediately afterwards, New York Fed Williams will speak at a public event. In addition, there is the March Conference Board Consumer Confidence Index at 10 pm. The above events and data are concentrated in the evening tonight, which will have a certain impact on the market and need to be paid attention to. The price of gold has begun to retreat from its historical high, and the power of safe-haven buying has eased. This retreat momentum is expected to intensify further, especially in terms of technology.
Gold technical analysis:
Currently, the price of gold is running in a similar triangle range, and the correction cycle is prolonged. On the one hand, the bulls rebounded after the pressure, and it was difficult to return to the strong position directly; on the other hand, the retracement was supported by the key top and bottom conversion support belt of 3005-3000. This trading day focuses on the gains and losses below the low of 3000 at the end of last Friday, and the breakthrough below the 3030 pressure line above. If it fails to break through, it is likely to fluctuate around this range during the day.
Gold operation suggestions: short near the rebound of 3020-3025, long near the retracement of 3000-3005.
The two orders of gold on Monday were perfectly grasped, and now everyone has made a profit. The two orders on Monday ended perfectly. If your current gold operation is not ideal, I hope I can help you avoid detours in your investment. The information I recently shared about the gold market has received a lot of feedback, and everyone said it was very helpful! If you don’t know when to enter the market, you can follow me 🌐, I will release specific signals in real time, and remember to pay attention to the bottom 🌐 signal in time.
3000 is not broken, the rebound points to a new trendIn the current gold market, the downward trend is more obvious. However, it is noteworthy that gold has tested the key point of 3000 many times, and each time it breaks through, it is unstable. This fully shows that the defense above the 2995-2990 support area is extremely strong and difficult to be effectively broken in the short term.
Combined with the downward momentum observed in the 3000 point range, although it is in a downward trend, the possibility of a sharp decline is extremely small. Judging from the comprehensive judgment of technical analysis and market sentiment, gold will not only not continue to fall, but will most likely rebound. It is initially estimated that the rebound target will reach the area around 3015, and it is very likely to extend further to the area around 3025-3035. Let us look forward to the performance of gold together!
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Bears maintain selling pressure, pressure below $3000⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) faces difficulty in securing strong momentum during Tuesday’s Asian session but remains above the key $3,000 level amid mixed market signals. The US Dollar (USD) sustains its recovery from a multi-month low, hovering near Monday’s three-week high. Additionally, improved risk sentiment—fueled by optimism surrounding a potential Russia-Ukraine peace deal, less disruptive US trade tariffs, and China’s stimulus measures—dampens demand for the safe-haven metal.
⭐️Personal comments NOVA:
Selling pressure from bears continues to cause gold prices to fall and sideways around 3000
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $3038 - $3040 SL $3045
TP1: $3030
TP2: $3020
TP3: $3010
🔥BUY GOLD zone: $2992 - $2994 SL $2987
TP1: $3000
TP2: $3008
TP3: $3018
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️NOTE:
Note: Nova 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