breakdown of the setup! Read CaptionThis is a 4-hour chart of Gold (XAU/USD) showing a bullish channel with price currently trading near its upper boundary. Here’s a breakdown of the setup:
Market Structure:
Trend: Gold is in a strong uptrend, moving within a well-defined ascending channel.
Current Price: Around $2,998, with a recent high of $3,000.55.
Key Target: A potential bullish breakout targeting $3,020+.
Support Zones: Highlighted between $2,930 - $2,860 as possible retracement levels.
Potential Scenarios:
Bullish Continuation: If price holds above the midline of the channel, a push toward $3,020 - $3,050 could be expected.
Pullback & Retest: A minor correction toward $2,970 - $2,960 before resuming its uptrend.
Deeper Retracement: A stronger pullback could lead to a test of $2,930 or even $2,860, aligning with the lower trendline.
Trading Plan:
Buy on dips if price retests lower support zones within the channel.
Breakout trade above $3,020 could indicate further upside potential.
Risk management: Watch for bearish rejection candles near resistance.
This setup favors bullish continuation, but a short-term pullback is possible before the next leg up. 📈🔥
Goldlong
The 3000 mark falls back, continue short-term operationsAfter gold tested the 3000 mark again, it fell back and is currently hovering around 2990. It failed to test 3000 again in the short term. This position is obviously suppressed in the short term. The second upward test quickly fell back. The gold price may fall further. The idea is to follow the trend and short-sell. Pay attention to the short position near 2990, and the target area is 2980-2970. If it falls below 2980, you can directly look at the position of 2955-2940.
You can read bottom signals, interpret daily market trends, share real-time strategies, and no longer blindly follow the trend.
trendline H1, gold price follows the main trend of increasing⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold (XAU/USD) consolidates near its record high from the Asian session on Friday, trading within a narrow range. Investor concerns over President Donald Trump's aggressive trade policies and their potential global economic impact sustain demand for the safe-haven metal. Additionally, growing expectations of further monetary easing by the Federal Reserve (Fed) provide additional support to the non-yielding bullion.
⭐️Personal comments NOVA:
Sideway and accumulation continue the uptrend back to the $3000 price zone
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $3021 - $3023 SL $3028
TP1: $3010
TP2: $3000
TP3: $2990
🔥BUY GOLD zone: $2940 - $2942 SL $2935
TP1: $2950
TP2: $2960
TP3: $2970
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
Gold’s Big Moment: $3,000 in Play – Can Bulls Hold It?Gold has finally reached the psychological $3,000 level, triggering the first round of sell-offs as traders take profit. The question now is whether this move can sustain itself or if we are set for a deeper pullback. Given the rapid move up, I remain cautious, ready to cut the trade quickly if I see signs of weakness in the continuation.
Fundamentals:
• Market Sentiment: Bullish drivers remain strong as gold benefits from rising inflation expectations and the Fed’s rate pause, which has fueled demand for safe-haven assets.
• Geopolitical & Economic Factors:
• President Trump’s aggressive tariff agenda is fanning concerns about global trade, increasing risk aversion and driving flows into bullion-backed assets.
• Chinese jewelry stocks are soaring, signaling growing demand for gold in the region.
• The CME FedWatch Tool indicates a 97% probability that the Fed will hold rates steady at its next meeting, reinforcing gold’s appeal.
• Technical Considerations:
• Gold hit a fresh all-time high of $2,993, putting the psychological $3,000 mark in focus.
• Above $3,000, there is little historical price action to guide resistance levels, making price discovery uncertain.
• On the downside, $2,970 acts as a key pivot, with $2,951 and $2,914 serving as strong support zones if a deeper retracement occurs.
Risk Management:
• The first sell-off at $3,000 indicates short-term profit-taking.
• I am monitoring price action closely and will exit quickly if the move proves unsustainable.
Let’s see if gold can hold above $3,000 or if we are in for a correction!
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
The gold high top signal appears, deep correction!It can be found that 3004 is just the top position of the 4-hour chart. After failing to break through the range last Friday, a retracement signal has also appeared. The current lower range support of the 4-hour chart is 2955-50. And 2955-50 happens to be the previous high point. Therefore, this position may be the dividing point between long and short positions of gold this week.
Secondly, from the hourly chart:
It can be seen that the current hourly chart of gold shows signs of a head and shoulders top. Once gold falls below 2980 today, it is very likely to develop towards the lower 2955-2940. 2955-50 happens to be the 618 position of this trend. The lower 50% is around 2940, which may also be the extreme retracement position of gold. Therefore, I do not recommend that you continue to chase more, but consider entering the market to short near 2990. If it falls below 2980, you can directly look at the position of 2955-2940.
You can read bottom signals, interpret daily market trends, share real-time strategies, and no longer blindly follow the trend.
GOLD THEORY : BUY | LONG (WB: 17/03)This is different to what I had initially devised. It looks like character has changed to go to the upside - I am expecting gold to push up instead now. I’ll try and update where I can.
I have no entries atm this is just a theory.
N.B.: This is not financial advice. Trade safely and with caution.
Gold trading ideas for next Monday!On Friday, the gold bulls and bears were in a stalemate, and the overall market fluctuated around 2978-3005. As the weekly line closed higher, it means that the bulls have been released and will start to plummet next week.
From the time window, next Thursday is exactly the 89th trading day since gold rose from 2536 on November 14 last year. If it rises from 2832 on February 28, it is almost 13 trading days, which is in line with the law of market change time. In addition, the Federal Reserve will also announce the interest rate decision and press conference in the early hours of Thursday. Perhaps only under the promotion of the Federal Reserve's news can a new round of collapse be triggered! ! !
In the short term, gold rose and fell last Friday. The daily chart has a $15 upper shadow line, and the upper shadow line indicates that the upper pressure is strong and the market has a clear downward trend. Therefore, the overall market next Monday tends to fall first and then rise! ! !
Judging from the gold hourly chart, there are several positions to focus on next Monday. First, the hourly chart rising trend line support level is 2982. If it breaks below, it will fall further to around 2940. Second, the 61.8% position of the golden ratio of 3005-2978 is around 2995. Third, last Friday’s high is 3005, and a breakthrough is impossible.
You can read bottom signals, interpret daily market trends, share real-time strategies, and no longer blindly follow the trend.
The gold market will face a key test next weekThe gold market will face a key test next week. The pressure at the round-number mark of $3,000 cannot be underestimated, and the price will inevitably undergo a correction process.
Or it may show high fluctuations, with last Friday's retracement low of 2979 as support, and it can repeatedly rise to digest the pressure above. Or there will be a larger correction, and 2956 will become an important support at this time.
For investors, the operating strategy for next week remains unchanged in the bullish direction, and the key lies in the grasp of the points. I will still bring you wonderful analysis next week
GOLD TRADING PONT UPDATE >READ THE CHAPTIANBuddy'S dear friend 👋.
SMC Trading Signals Update 🗾🗺️ Gold Traders SMC-Trading Point update you on New technical analysis setup for Gold 🪙 Gold Traders Gold 1H time. Look 👀 first take FVG level that take entry buying said target point 2959 New ATH wait for FVG level good luck 🤞
Key Resistance level 2930 + 2959
Key Support level 2909 - 2902 - 2896
Mr SMC Trading point
Pales support boost 🚀 analysis follow)
Gold the possible next move on a bullish trend The Gold on H4 Possible next move,
On 4H timefirame the Gold is still bullish but to validate the trend must respect the 2955-50 zone.
This is the outlook for next weekend; we will wait for the levels to be traded.
1. Put a sell order if gold breaks the 2978 zone with strong momentum and make sure that the real breakout happened.
2. Put buy at the 2955-50 zone with proper confirmations. If the price tests the 2955-50 zone and you will identify any pullback indications and some strong price rejections in M30 and H1, then put a buy order with a proper stop loss.
*Note*
*Here is the possible trades after the confirmations*
Gold Selling Zone: 2978-77
Stop loss: 2983
Take Profit: 2955
*Gold Buying Zone: 2955-50*
Stop Loss: 2945
Take Profit: 2990-3000
*Please read the information and possible directions listed above.*
continue to find new ATH next week, gold✍️ NOVA hello everyone, Let's comment on gold price next week from 03/17/2025 - 03/21/2025
🔥 World situation:
Gold prices pull back after briefly surpassing the $3,000 milestone, reaching a record high of $3,004 per troy ounce before retreating to $2,982, down 0.21% for the day. Uncertainty surrounding President Donald Trump's trade policies and a weaker US Dollar initially fueled the surge but later led to a price correction.
Meanwhile, geopolitical tensions continue to influence demand for the safe-haven metal. The Ukraine-Russia ceasefire hangs in the balance, with signs of reluctance from Moscow to uphold the 30-day truce.
🔥 Identify:
Gold price has reached over 3000 this week, a new turning point. The trade situation is still very tense, the momentum continues for the upward trend next week.
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $3043, $3078
Support : $2954, $2882
🔥 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
- The winner is the one who sticks with the market the longest
strong growth, surpassing 3000 today🔔🔔🔔 Gold news:
➡️ Recently, some US officials have shown little concern over Wall Street's response to the Trump administration's trade policies. US Treasury Secretary Scott Bessent clarified that his remarks last Friday about a “detox period” did not imply that a recession was inevitable. In contrast, US Commerce Secretary Howard Lutnick stated that a recession would be a worthwhile trade-off to advance the administration’s policy agenda.
These statements reassured investors, leading to continued selling in US equities while driving demand for safe-haven assets such as Gold and the Japanese Yen (JPY).
Personal analysis:
➡️broke the old peak, currently fomo from the big market, ready to surpass 3000 today
Use Fibonacci Retracements to Find Psychological Resistance Zones
Plan:
🔆Price Zone Setup:
👉Sell Gold 3000 – 3003
❌SL: 3008 |
✅TP: 2994 - 2985 - 2970
FM wishes you a successful trading day 💰💰💰
GOLD(XAUUSD) -Weekly forecast,Technical Analysis & Trading IdeasMidterm forecast:
2772.38 is a major support, while this level is not broken, the Midterm wave will be uptrend.
OANDA:XAUUSD TVC:GOLD
Technical analysis:
A trough is formed in daily chart at 2832.55 on 02/28/2025, so more gains to resistance(s) 3000.00, 3050.00, 3080.00 and more heights is expected.
Take Profits:
2833.00
2879.11
2955.00
3000.00
3050.00
__________________________________________________________________
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Be sure to leave a comment; let us know how you see this opportunity and forecast.
Have a successful week,
ForecastCity Support Team
Gold Surges Past $3,000 Amid Trump, Economic FearsThe glint of gold has intensified, piercing the $3,000 per ounce threshold, a symbolic milestone that echoes through centuries of economic and political upheaval.1 This surge, fueled by a potent cocktail of market anxieties and, notably, the amplified rhetoric of a potential Trump return, underscores gold's enduring role as a safe-haven asset and a barometer of global uncertainty.2 The psychological significance of breaching this key level cannot be overstated, solidifying gold's position as a timeless store of value in an increasingly volatile world.
The current rally, while rooted in broader economic anxieties, has received a significant jolt from the political landscape. The prospect of a second Trump presidency has injected a fresh wave of uncertainty into markets. His often-unconventional policy pronouncements, coupled with the potential for trade disputes and geopolitical tensions, have created a climate ripe for gold's ascent. Investors, seeking to mitigate potential risks, are flocking to the precious metal, driving its price to unprecedented heights.3
Beyond the political sphere, persistent economic concerns are also playing a crucial role. Inflation, despite recent efforts to tame it, remains a lurking threat. Global debt levels continue to climb, and concerns about a potential recession linger. These factors, combined with the inherent instability of fiat currencies, have bolstered gold's appeal as a hedge against economic turbulence.4 Gold, unlike paper money, cannot be printed at will, offering a sense of stability in an uncertain financial landscape.5
Furthermore, geopolitical instability is a perennial driver of gold prices. Ongoing conflicts, simmering tensions between major powers, and the ever-present threat of terrorism contribute to a sense of unease that pushes investors towards safe-haven assets. The perception of gold as a reliable store of value during times of crisis has been reinforced throughout history, and the current global climate is no exception.
The $3,000 milestone also serves as a potent reminder of gold's role as a gauge of fear in the markets.6 When investors are anxious, they tend to seek out safe havens, and gold has consistently proven to be a popular choice. The current surge in gold prices reflects a growing sense of unease about the future, both economically and politically.7 This fear, whether justified or not, is a powerful force driving market behavior.
The technical aspects of the gold market are also contributing to the rally. The break above $3,000 has triggered a wave of buying, as traders and investors seek to capitalize on the momentum. This technical breakout could lead to further gains in the short term, as the market tests new highs. The sheer psychological importance of the $3,000 level also draws in investors who were previously hesitant to participate.
However, it is crucial to recognize that gold prices are not immune to volatility. While the long-term outlook for gold remains positive, short-term fluctuations are inevitable.8 Factors such as changes in interest rates, shifts in investor sentiment, and unexpected geopolitical events can all impact gold prices.9 Investors considering gold as part of their portfolio should be prepared for potential price swings.
The current rally also raises questions about the long-term sustainability of these high prices. While gold's fundamental drivers remain strong, it is important to consider the potential for a correction. Historically, periods of rapid price appreciation have often been followed by periods of consolidation or decline. However, the unique confluence of factors currently supporting gold prices suggests that the rally may have further room to run.
In conclusion, the breach of the $3,000 per ounce mark is a significant milestone for gold, reflecting a confluence of economic, political, and psychological factors. The potential return of Trump, coupled with persistent economic anxieties and geopolitical instability, has created a perfect storm for gold's ascent. This surge underscores gold's enduring role as a safe-haven asset and a gauge of fear in the markets.10 While the future remains uncertain, gold's historical performance suggests that it will continue to play a crucial role in investor portfolios, offering a sense of stability in an increasingly turbulent world. The breaking of such a psychological barrier will also inevitably drive more speculative investment, and thus, drive the market further, at least in the short term. Investors should continue to monitor the global landscape and adjust their strategies accordingly, while recognizing the inherent volatility of the precious metals market. The allure of gold, however, remains strong, a testament to its enduring appeal as a timeless store of value.
Gold (XAUUSD) 15-Minute Chart Analysis – Bullish Trade SetupGold (XAUUSD) 15-Minute Chart Analysis
Key Observations:
Price Action:
The price is currently at $2,981.96.
The price has been in an uptrend, forming higher highs and higher lows.
Moving Averages:
EMA 30 (red line): At $2,965.00, acting as a dynamic support level.
EMA 200 (blue line): At $2,935.17, indicating a long-term bullish trend.
Trade Setup:
Entry Level: Around $2,981.96.
Stop Loss: Placed at $2,966.81.
Take Profit Targets:
TP1: $2,985.86
TP2: $2,992.23
TP3: $2,998.08
Final Target: $3,005.50
Risk-Reward Ratio:
The risk is defined by the distance between the entry price and the stop loss.
The reward is defined by the distance between the entry price and each take-profit level.
Given the setup, the trader is aiming for a favorable risk-to-reward ratio.
Trading Perspective:
Bullish Bias: The trend is strongly bullish, supported by the EMA 30 and EMA 200.
Confirmation Needed:
If the price sustains above $2,985, it increases the probability of hitting higher targets.
A break below $2,970 could invalidate the trade setup.
Would you like a deeper analysis with Fibonacci levels or volume data?
Unlock self-rescue guide hereNotice! The gold market has suddenly changed! Gold, which had been rising all the way, has now shown a peak signal, and a decline has become inevitable.
The current big Yinxian is falling straight, and the market is completely shrouded in a bearish atmosphere. From a technical perspective, the evening star pattern is significant, which is often a strong signal of trend reversal. At the same time, the gold price deviates seriously from the moving average. This deviation is difficult to maintain in the market for a long time, and returning to rationality is an observable rule.
Looking at the four-hour line again, the big Yinxian entity strongly engulfs the Yangxian, directly breaking through the support line, forming an extremely strong bearish engulfing pattern, which means that the space below has been opened, and a plunge may be just around the corner. Are you ready to meet this storm in the gold market? Opportunities always coexist with risks, and now is the time to test investors' decisiveness.
You can read bottom signals, interpret daily market trends, share real-time strategies, and no longer blindly follow the trend.