Get started

Goldprice

Waiting for a healthy pullback or FOMO push to 3150+?🔸 News Update: Geopolitical Turmoil Boosts Gold’s Appeal 🔸 The Russian Ministry of Defense reported missile strikes on Ukrainian SBU and special operations units, further escalating tensions in Eastern Europe. This, combined with China’s continued gold hoarding and a weaker USD, has kept gold’s bullish momentum intact. 🟥 Sell Setup (Liquidity Trap Short) Entry Zone: $3,121 – $3,125 (Liquidity Grab + HTF Supply) Trigger: M5/M15 Bearish CHoCH + Weak Bullish Reaction SL: Above $3,130 (Invalidation Level) TP1: $3,100 (First Target) TP2: $3,085 (Deep Profit Zone) TP3: $3,074 (Full Breakdown) 📌 Why? Liquidity Hunt Potential → Market may fake out longs before reversal Bearish Order Flow Zone → Major supply area where sellers are active HTF Expansion Exhaustion → Price needs to cool off before further gains 🟥 Sell Setup 2 (Momentum Reversal – Only If Confirmed) Entry Zone: 3,150 – 3,155 (Extreme Supply Zone) Trigger: Bearish CHoCH + FVG reaction SL: Above 3,160 TP1: 3,120 TP2: 3,100 TP3: 3,073 📌 Reasoning: Extreme premium level where HTF supply could react Only valid if price extends to this level without pullback Ideal for a larger reversal if bullish momentum fades 🟢 Buy Setup 3 (Intraday Continuation Play – If $3,100 Rejects) Entry: $3,092 – $3,094 (LQ sweep + minor demand zone) Trigger: M1/M5 CHoCH + bullish rejection wick SL: Below $3,090 TP1: $3,100 TP2: $3,108 TP3: $3,117 📌 Why This Zone? If NY sweeps $3,100 liquidity and retraces, $3,092 – $3,094 could be a quick buy-the-dip area. Only valid if the previous demand structure remains intact. Ideal for short-term scalps rather than a deep retrace buy. ⚠ If price drops aggressively below $3,090, don’t force the buy—$3,083 – $3,087 is the next stronger zone. 🟢 Next Fresh Buy Setup (If Price Dips Again) Entry Zone: $3,067 – $3,070 (Untapped demand + imbalance fill) Trigger: M1/M5 CHoCH + bullish confirmation SL: Below $3,064 (Liquidity protection) TP1: $3,090 (Reaction level) TP2: $3,108 (Liquidity grab target) TP3: $3,120+ (Continuation move) 📌 Why This Zone? Previous NY session left unmitigated demand here. If price pulls back, smart money will likely buy from this area. Gold still bullish – this is the next potential buy-the-dip zone. ⚠️ If $3,067 fails, deeper support at $3,055 – watch for a strong reaction there!! ✅ Key Takeaways ✔ Gold remains bullish above $3,074 – buy dips, but avoid FOMO. ✔ A liquidity grab below $3,080 could be the next major long opportunity. ✔ Sells are scalps only – favor longs unless $3,067 breaks. 📌 Important Notice!!! The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your own plan and wait for confirmation before taking action. Good luck on the market today.
FOREXCOM:XAUUSD
by GoldMindsFX
3.31 Gold officially breaks through 3100In the early Asian session on Monday (March 31), spot gold once again saw a surge in prices shortly after the opening. The most active gold futures contract in New York was traded in one minute from 10:22 to 10:23 Beijing time on March 31, with 890 lots traded, and the total value of the trading contracts was US$279 million. Affected by Trump's latest tariff news, spot gold maintained the current bull market trend. The gold price broke through the US$3,000 mark and broke through US$3,100 only half a month after breaking through the US$3,000 mark. As of 10:39 Beijing time, it was reported at US$3,105.23 per ounce. Gold technical analysis: Gold closed higher with a big positive line last week, and after consolidating at a high level, it increased strongly and closed at a high level. The weekly K-line is still strong, with a big bald positive line. There will be further continuation this week. However, the monthly line closed today. After the volume is released, we must also be careful of the wash of the high and fall. The daily chart has continued to rise and set a new high. The Asian session is a slow consolidation and then a slow new high. The consolidation is not the high, and the volume is the top. At present, there is further rise in the short term. Gold was stimulated by risk aversion over the weekend. It opened high and fell back on Monday. However, gold fell back under pressure at 3100 in the short term. We must pay attention to adjustments. Then gold is just adjusting. Wait patiently for it to fall back before going long. The technical side of gold shows a strong upward trend. US$3070 has become a new short-term support level. The current upward momentum is sufficient and there is momentum for further rise. The influence of gold bulls on the current trend of gold has reached the highest level in history, but the trading scale and heat have not reached the most crowded range in history. There is still room for funds to further increase positions, which provides support for gold prices. 3.31 Gold Operation Strategy Reference: Short Order Strategy: Strategy 1: When gold rebounds around 3100-3103, short (buy short) in batches with 20% of the position, stop loss at 3110, target around 3085-3075, and look at 3070 if it breaks; (Strategy is time-sensitive, more real-time layout strategies are announced in the channel.) Long Order Strategy: Strategy 2: When gold pulls back around 3070-3073, long (buy long) in batches with 20% of the position, stop loss at 3060, target around 3085-3095, and look at 3105 if it breaks; (Strategy is time-sensitive, more real-time layout strategies are announced in the channel.)
TVC:GOLD
by AIan_Gold
1
GOLD UPDATESHello folks, like I said from previous note , I closed the idea with single target. with a buy/long positions at 3015. Now I'm expecting manipulations since we have news today. The initial target would be the previous highs. Look for higher targets also 3100 zone. This is only my view, I Base my idea on Fibonacci retracements expansion above. Follow for more. This is not a financial advice. The idea here is long and the target would be the previous high, above price 3100 is just speculation on Fibonacci.
TVC:GOLDLong
by D1GITALTRADES
Gold Next 24 to 48 hours (31/3/2025)Current Market Snapshot OANDA:XAUUSD Gold closed the previous week at approximately $3,085 per ounce, after hitting a new all-time high of $3,087 on Friday. This indicate a bullish market, driven by persistent safe-haven demand, central bank purchases (notably from China and Russia), and expectations of U.S. Federal Reserve rate cuts in 2025. However, there’s also chatter about potential profit-taking or consolidation, as gold approaches overbought conditions on some technical indicators. Bullish Sentiment: Traders expect gold to break $3,100 soon, citing geopolitical risks and a weakening U.S. dollar index (DXY) forecasted to drop below 100. Bearish/Cautious Sentiment: Some traders warn of a pullback to $3,055-$3,060 if $3,091 resistance holds or if unexpected U.S. economic data surprises markets. Technical Analysis Technical levels for next 24 to 48 hours: Support Levels: $3,060: Strong support from recent consolidation and a psychological round number. $3,055: A deeper support level from late February 2025 trends. $3,000: Major psychological and historical support if a significant sell-off occurs. Resistance Levels: $3,091: Immediate resistance; a break above this could trigger FOMO (fear of missing out) buying. $3,100: Next psychological resistance $3,200: Short-term bullish target Indicators: RSI (Relative Strength Index) on daily charts (from web sources) is near 70, suggesting gold is overbought but not yet at extreme levels (80+), indicating room for further upside. Moving Averages: Gold is trading above its 50-day and 200-day EMAs, reinforcing the bullish trend. Price Range for next 24 to 48 hours Low: $3,058 - $3,065 This accounts for potential profit-taking at the open or a risk-off move if weekend news is negative. High: $3,100 - $3,150 This reflects bullish momentum if $3,091 is breached early, with traders targeting $3,200 as the next psychological level. After weighing all factors, here’s my enhanced prediction: Most Likely Scenario: Gold will open slightly lower ($3,080-$3,085) due to profit-taking but will recover throughout the day as buyers step in at support levels ($3,060-$3,065). If $3,091 is broken (70% probability), gold could rally to close near $3,100-$3,120 by Monday’s or Tuesday’s end. Alternative Scenario: If selling pressure intensifies (30% probability), gold might drop to $3,058-$3,065 but is unlikely to fall below $3,050, as buyers would likely defend this level. Key Catalysts to Watch: Asian market open (Monday morning): If Chinese or Indian gold demand remains strong, prices could gap up. U.S. market open: Watch for any statements from Fed officials or Trump administration policy announcements. Volume: High volume above $3,091 would confirm bullish momentum; low volume could signal consolidation. Apr 2 USD ISM Manufacturing PMI Apr 2 USD JOLTS Job Openings Apr 2 USD ADP Non-Farm Employment Change Apr 3 USD Unemployment Claims Apr 4 USD ISM Services PMI Apr 4 USD Average Hourly Earning Apr 4 USD Non-Farm Employment Change Apr 4 USD Unemployment Rate Apr 5 USD Fed Chair Powell Speaks
OANDA:XAUUSDLong
by Deluxeanalysisandsignals
1
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
Gold weekly forcast with both Buy and sell levels 30-5-25Gold weekly forcast with both Buy and sell levels gold in an uptrend all week from last weeks buy level it ran 553 pips wit little to no drawdown. For this week we are looking at 2 levels for both buy and sell entries . For a buy ill look at entering at 3091 expecting 3098 to 3100 as first resistance , if we brreak we can expect 3112 as next resistance on the way to 3136. For a sell ill look at entering at 3076 expecting 3068 to 3066 as first support , if broke we can expect 3054 to 3050 as next support. With these trades its best to just wait for levels for a conformation and the bigger moves. last weeks buy are did not register until Thursday morning but when it hit there was no drawdown and closure at the high gave 533 pips. As always with these trades wait for levels and secure on the way by either taking profit or reducing lot size. Trade is based on support and resistance, trend lines and fibonacci levels from the higher time frame. Ill update as the week progresses , stay safe
OANDA:XAUUSD
by F0rexBorex
Accurately predict the timing of short position entryAs of now, we have made profits during the trading session. But gold hit the 3048 area yesterday. What should we do if some brothers did not close the order in time? We have made corresponding adjustments according to the current market. Gold news: On Friday, the price of gold climbed to 3083, mainly driven by factors such as rising risk aversion, the Federal Reserve's interest rate cuts, the global central bank's gold buying boom and increased inflationary pressure. The tense situation in the Middle East, global economic uncertainty and expectations of a depreciation of the US dollar have further enhanced the attractiveness of gold. This week, gold is expected to rise for the fourth consecutive week. The US PCE (personal consumption expenditure) data to be released tonight has attracted much attention from the market because it is the core indicator of the Federal Reserve to measure inflation and may have a significant impact on market expectations and asset prices. If the PCE data triggers concerns about stagflation, it may cause US Treasury yields to rise, further boosting gold prices. If the data eases inflationary pressures, it may boost risky assets, but gold may rise simultaneously due to rising expectations of interest rate cuts. Boosted by risk aversion, gold advanced all the way yesterday afternoon, hitting a new high of 3059 during the US trading session. Today's market continued to rise at the opening, and the current highest has reached 3086. Gold bulls rose like a tiger, where is the top? Gold technical analysis: From the wave point of view, the large level is no longer repeated. The daily line 2832 runs a standard 5-wave structure upward, wave 1 2832-2929, wave 2 2929-2880, wave 3 2880-3057, wave 4 3057-2999. Yesterday's market broke through 3057 and rose. The current market is in the 5th wave. From the wave rule, wave 1 runs 97 US dollars. If the amplitude of wave 1 and wave 5 is equal, the high point of wave 5 can be seen near 3097. Using the Fibonacci retracement extension line, pay attention to the two resistance levels of 3088-3108 above. Therefore, the short-term continues to follow the trend of low-multiple bullishness. Pay attention to whether there is a structure to go short near 3108 above. Gold is currently high, and it is bound to fall back. This crazy bull trend cannot last long. This is inevitable. The gold price is currently seriously off track, that is, it is directly off track. This is unreasonable. Return is inevitable. There must be a deep fall today. The support below is around 3050, which is also the target of the fall. Gold operation strategy: Short gold 3075-70 to increase the number of transactions. Target 3060-3050 Trading discipline: 1. Don't blindly follow the trend: Don't be swayed by market sentiment and other people's opinions. Follow your own operation plan. Market information is complicated and blindly following the trend is easy to fall into the dilemma of chasing ups and downs. 2. The short profit area of ​​3060-3050 is all closed. 3. In gold trading, we will continue to pay attention to news and technical changes, inform in time if there are changes, strictly implement trading strategies and trading disciplines, move forward steadily in the volatile market, and achieve stable asset appreciation.
OANDA:XAUUSDShort
by TP_Daniel1
1
Analysis of gold price trend next week!Market news: Gold prices in London hit a record high on Friday as U.S. President Trump's latest tariff policy sparked concerns about a global trade war, with investors flocking to safe-haven assets. Spot gold climbed 0.9% to its 18th record high of $3,086 this year. It rose 2.02% this week, rising for the fourth consecutive week.This round of international gold's rise is driven by market concerns that President Trump's new round of reciprocal tariffs, which will take effect on April 2, will push up inflation and undermine the stability of global trade. Gold prices have risen 2% this week and are expected to rise for the fourth consecutive week as investors turn to safe-haven assets amid growing uncertainty about the direction of U.S. policy.Next week will be Trump's tariff week, and countries are currently relatively tough. According to CCTV, Mexican President Sheinbaum said on March 28 local time that he opposed the United States' unilateral imposition of a 25% auto tariff. Mexico is developing comprehensive responses to strengthen the national economy and respond to unilateral behavior, while the negotiation process with the United States continues, striving to ensure stable employment and maintain investment while avoiding damage to U.S. and Canadian interests. Technical Review:    Gold has a high probability of rising overall on Friday due to the combined effect of market sentiment and capital flows in the evening. However, the market feedback after the release of PCE inflation data was poor, and the data was bearish. Gold failed to break through the high point and set a new high. Although the gold price rose and broke through the high point during the ten o'clock period, it was just a puncture! In the current market, perhaps the market needs further adjustment! Gold broke through the new high in the US market and fell back. It is not meaningful to chase high again on Friday night. It may rise and fall at any time. After all, gold may start to adjust at any time after rising today. The one-hour line rose twice to touch the high point of 3086, which will be the key resistance level. It is obvious that the gold price did not stand above 3086. Both times it fell rapidly after touching it. Before the gold price stood above 3086, it looked for adjustments during the session. The range was 3066-3086. Gold may have a double top starting from 30 minutes. Don't chase more for the time being. If you want to go long, wait patiently for a fall, otherwise the adjustment range at the high level may also be large. Analysis for next week: Gold is still just adjusting for now. Gold started to rise again in the second half of the night. Gold bulls are still relatively strong. There will be more gold if it falls back next week. After all, gold bulls are strong now. However, don’t chase more at high levels. Wait for it to fall back before buying more.     Gold is still arranged with a golden cross upward bullish divergence in 1 hour. After the adjustment, gold bulls did not weaken, but continued to be strong. Then the decline of gold is just an adjustment. Gold will continue to buy after the adjustment next week.     Gold hit the bottom of 3067 in the US market on Friday and then rose again. The gold moving average now supports the line around 3072. In this range, gold is still in the support area. So buy on dips when it falls back to 3070 next week. Operation ideas: Buy short-term gold at 3070-3073, stop loss at 3062, target at 3090-3100; Sell short-term gold at 3103-3105, stop loss at 3114, target at 3080-3070; Key points: First support level: 3072, second support level: 3065, third support level: 3055 First resistance level: 3092, second resistance level: 3105, third resistance level: 3118
OANDA:XAUUSDLong
by BraveTigercat
Gold swing trade with buy and sell levelsThis week we are looking to sell Gold down to previous resistance which aligns with Fibonacci 0.382 level for a sell total pips of 309. When we reach our take profit we will go back into a buy at 2994 and a take profit target of 3053 for an additional pip count of 588 pips. Trade idea is based on higher time frame and uses trend lines as well as support and resistance and Fibonacci levels. With these type of trades expect to go into some drawdown that's why I recommend using small lots and securing profit along the way . Check out my weekly gold forecast with both buy and sell entries posted below.
OANDA:XAUUSD
by F0rexBorex
Gold weekly forecast with buy and sell levelsGold weekly forecast with both buy and sell entries. Friday Gold sold off from 2334 all the way to 2300 for a drop of 334 pips before retracing up to where we are now at 3024. What can we expect for the coming week ?. My plan is as follows. For a buy I would look at entering at 3032 expecting first resistance (marked in red on chart ) to be 3038 to 3040 area. If we break these then next target would be 3048 to 3052 (200 pip from entry) this is high resistance level , if gold continues to be bullish expect 3078 to be the next area. For a sell I would enter at 3018 expecting 3010 to 3008 as first support, next level is 3000 to 2998 and if broken we can expect gold to fall to 2880 and 2840 levels. As always wait for levels, take profit along the way and don't over leverage . Ill update this as the week goes on. Check out my other trade idea for a gold swing trade below. Trade safe
OANDA:XAUUSD
by F0rexBorex
USDJPY analysis week 14🌐Fundamental Analysis The Federal Reserve (Fed) kept interest rates unchanged in the 4.25% - 4.50% range and forecast core PCE inflation to average 2.8% by year-end. The higher-than-expected inflation data reinforced expectations that the Fed will maintain current interest rates for an extended period. Investors are concerned that these tariffs could add to global inflationary pressures and trigger a recession. In Japan, the Tokyo CPI rose sharply in March, boosting expectations that the Bank of Japan (BoJ) will continue to raise interest rates this year. The hot inflation data also supported the Yen's appreciation against other currencies. 🕯Technical Analysis USDJPY is still in a bullish recovery. The pair is facing support at 149.200, preventing further declines. The weekly high around 151.100 is still acting as key resistance before the pair breaks out to 152.000. Conversely, if the trend breaks at 149.200, weekly support is seen at 148.300. 📈📉Trading Signals SELL USDJPY 151.300-151.100 SL 150.500 SELL USDJPY 152.000-152.200 SL 152.400 BUY USDJPY 149.300-149.100 SL 148.900
by TVS-Trader
Summary of this weekThis week, the gold market continued its bull market, breaking through the historical high of 84 and closing. The gold price broke through the psychological barrier of 3,000. The market sentiment continued to be optimistic. In this week's trading, we took the main approach of going long, holding long positions, buying back, and making significant profits, achieving the expected goals. Next week, we will continue to make steady progress and formulate a more efficient profit plan. If you also want to learn gold trading skills and profits in the market, then join my team. Wish you all: Have a good weekend
TVC:GOLDLong
by AIan_Gold
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! 🚀 ------------------------------------------------------------------------- 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:XAUUSDLong
by Wick-Sniper
1
Gold (XAU/USD) Trade Setup & Analysis – March 28, 2025Gold (XAU/USD) Trade Analysis – March 28, 2025 Current Market Overview: Price: $3,073.77 Recent High: $3,074.00 Recent Low: $3,070.29 EMA (30): $3,073.71 (Short-term trend) EMA (200): $3,047.40 (Long-term trend) Technical Analysis: Support & Demand Zone: The highlighted purple area represents a strong support zone around $3,050 - $3,058, where buyers may step in. The price is currently pulling back into this area, indicating a potential bullish reversal opportunity. Bullish Projection: The chart suggests a retracement to the demand zone, followed by a strong bullish continuation. A breakout from the minor resistance zone around $3,073 - $3,075 would confirm the uptrend. Target & Stop Loss: Entry Zone: Around $3,058.86 (near the demand zone). Stop Loss: Below $3,047.40 (under the key support and EMA 200). Target: $3,109.54 (significant resistance level and profit-taking point). Trade Strategy: Wait for confirmation of a bullish rejection at the support zone before entering. If price breaks above the minor resistance, it could indicate momentum toward the target. Risk-to-reward ratio looks favorable with a potential upside move of +50 points if the trend continues. Conclusion: The setup favors a bullish continuation after a pullback. Key Levels to Watch: $3,058 (entry), $3,047 (stop loss), and $3,109 (target). Traders should monitor price action at the demand zone before entering a long position.
CAPITALCOM:GOLDLong
by EA_GOLD_MAN_COPY_TRADE
Gold Price Analysis March 28Fundamental Analysis Gold (XAU/USD) continued its upward trend, hitting a record high of $3,086 during the European session on Friday. Global risk sentiment weakened due to concerns over US President Donald Trump's auto tariffs and uncertainty over upcoming tariffs, boosting safe-haven demand for gold. In addition, expectations of an early Fed rate cut due to concerns over Trump's trade policies affecting US economic growth also supported gold's gains. Although the USD recovered slightly ahead of the US personal consumption expenditure (PCE) price index report, this did not reduce the appeal of XAU/USD. Technical Analysis Gold is quite difficult to trade around the ATH zone today. Note that the lower boundary zone of 3060 is converging with the EMA 34 zone and the SELL zone around the 3100 round-trip barrier. The basic trading strategy requires your patience as the market is not easy to trade at the moment.
OANDA:XAUUSD
by TVS-Trader
Gold short setup from resistance area for short term only!Hello Traders, Gold has reached a key historical resistance level and is showing signs of rejection with pin bars on the 2-hour timeframe. This suggests that bullish momentum may be weakening, potentially leading to a pullback. I’m closely watching the current 2-hour candle to see if it closes bearish, ideally engulfing the previous two bullish candles. Three pin bars formed at the resistance area suggesting that the bullish trend may be weaking for a short term With the month coming to an end, large investors might start closing their portfolios, which could trigger a 20%-30% pullback on the monthly candle. This aligns with our support level around 3030. For a trading setup, I’ll wait for the current 2-hour candle to close bearish and look for a slight retracement to 3075 as a potential shorting opportunity. 20%-30% retracement may be possible due to investors closing their monthly portfolios If you find this analysis helpful, a boost would be greatly appreciated! 🚀
TVC:GOLDShort
by AmaWina