"Gold (XAU/USD) Bearish Breakdown from Resistance - Potential This chart represents the price action of Gold (XAU/USD) with a 30-minute time frame on March 7, 2025. It shows a slight bearish trend with the price of gold hovering around 2,916.973 USD
Resistance Zone: A red shaded area around 2,916.973, where the price has been testing, which indicates a potential area for short-term selling or reversal.
Support Zones: The green shaded area and dotted horizontal lines around 2,895.703 and 2,909.724, which may act as support if the price dips further.
The trader's prediction is for a potential downward move, as indicated by the arrow pointing down from the current resistance area. The target for this move seems to be toward the 2,895.703 USD level.
The overall sentiment is bearish, with the trader anticipating a pullback or correction after the price struggles to break through the resistance zone.
Let me know if you'd like more details on any specific area or further analysis!
Goldsell
Seize the opportunity to go long on goldTechnical indicators send strong signals, and the gold rising channel has been opened. At this moment, you should decisively go long and follow the trend, so that your wealth can ride on this wave of gold bull market and soar all the way.
You can read bottom signals, interpret daily market trends, and share real-time strategies, so you no longer blindly follow the trend.
RSI is oversold, suggesting a bottom-picking signalAlthough the unexpected cold non-farm data last Friday failed to push gold prices above the key resistance of $2,930, the logic of gold's rise has not been shaken - the five core supporting factors of global central banks' increased holdings, continued inflows of ETFs, surge in demand for physical gold, deepening of the U.S. debt crisis and excessive money supply are constantly consolidating the long-term bull market foundation of gold. From a technical perspective, the daily MACD maintains a golden cross and the energy column expands. The weekly big positive line has established a medium-term upward trend. 2,990 is only the first target, and 3,000 or even higher may become the new normal.
The short-term market is in a volatile adjustment, but this is a necessary accumulation stage for a healthy rise. The current gold price is repeatedly pulling back in the range of 2,918-2,890, which is essentially a process of digesting previous profit-taking and waiting for new catalytic events. If it can effectively stand firm at the key support of $2,890, it is expected to restart the upward trend and challenge the historical high. It is worth noting that against the backdrop of the continued rise in expectations of the Fed's interest rate cuts, the spillover of geopolitical conflict risks and high global inflation, the dual attributes of gold's "anti-inflation + safe-haven" will continue to attract capital inflows. The general trend is still mainly to go long after falling back to lows.
Gold strategy suggestion: continue to go long after falling back to around 2900-2910.
Seize the opportunity to go long on goldFrom the trend point of view. Comparing the long and short positions, the long position is still slightly stronger. At present, the gold price fluctuates in a narrow range around 2905. There is no major news to boost or suppress the gold price in the short term. From the trend point of view, it is obvious that the rebound of gold is not enough to support the rebound and continuation of the breakthrough of gold. Therefore, after consuming a certain amount of short-selling power, the bulls will regain control of the situation, and there will be very good trading opportunities for long gold. Now we are long gold around 2905-2910. The target is 2915-2920 area, wish us good luck! Brothers, are you following me to go long on gold?
Gold is expected to break out of the current rangeThe daily chart shows that the international gold price has fallen into a high-level shock consolidation trend after rebounding from a one-month low. The current price is repeatedly sawing in the 2900-2930 range, and the market's long and short forces tend to be balanced. Technical indicators show subtle differentiation: the 5-day moving average and the 10-day moving average form a dead cross and then turn upward, suggesting that there are signs of stabilization in the short term; the momentum of the MACD indicator candle chart continues to shrink, but the dead cross rhythm has slowed down; the KDJ indicator forms a low-level golden cross, and the RSI indicator rebounds from the oversold area, indicating that market sentiment is turning from pessimism to cautious optimism. However, the upper 2930 area gathers multiple pressures-this position is both the rebound high last Friday and the key resistance level of the previous failed breakthrough, suppressing the further upward space of gold prices.
In terms of fundamentals, the US non-farm payrolls data in February was unexpectedly lower than expected, reinforcing the market's expectations for the Fed to cut interest rates this year. Historical experience shows that interest rate cut cycles are often beneficial to interest-free assets such as gold, which provides medium- and long-term support for gold prices. But in the short term, the market still needs to wait for more economic data to verify the Fed's policy stance. During this period, gold prices are more susceptible to fluctuations in the US dollar index and changes in US bond yields.
Focus on the key support level of 2900 above $2930 as the primary pressure target. If US economic data continues to weaken, gold prices are expected to break through the current range of fluctuations and retest last year's highs. Operational advice: Go long near 2905-2910, target 2915-2920.
XAUUSD Possible sell on break of structureXAUUSD with the market opening price has initially bounced from the daily support with strong rejection from the top showing potential drop to the support level. Upon break of structure, expecting a potential sell opportunity to the support level as the price is still showing bearish pressure.
Gold (XAU/USD) Price Analysis: Bearish Reversal After Double TopThis chart represents the Gold Spot price (XAU/USD) on the 1-hour timeframe. Here’s an analysis of the price action and structure:
Key Observations:
Double Top Formation:
The red arrow highlights a potential double top pattern, indicating a possible bearish reversal.
The price attempted to break above resistance around $2,927 but failed.
Support & Resistance Levels:
Resistance Zone (Red Area): Around $2,920 - $2,927, where the price has struggled to break through.
Support Zone (Green Area): Around $2,875 - $2,880, where buyers might step in.
Trendline Break:
A blue trendline was supporting the uptrend, but the price has broken below it.
This signals a potential shift from bullish to bearish sentiment.
Bearish Outlook:
The chart suggests a sell setup, with a target around $2,880.
If this level breaks, further downside movement is possible.
Conclusion:
If the price stays below $2,912, further declines are likely.
A retest of $2,875 - $2,880 is expected.
A break above $2,927 would invalidate the bearish setup.
Gold strategy layout and operation suggestions for next weekAt present, the international gold price is in a range of fluctuations, and the game between long and short forces in the market has intensified. Technically, the gold price has formed a key suppression at the 2930 line. This position is the starting point of the previous decline. After several unsuccessful attacks, this resistance level has put obvious pressure on the short-term gold price. If it can break through effectively, it may launch an attack on the 2955 mark; on the contrary, if it encounters resistance and falls back, the lower support level will move to the 2900-2895 US dollar area.
Technical indicators release bearish signals:
From the daily chart, the gold price has ended the previous two days of continuous positive rebound and turned into a weak oscillation pattern. The price fluctuation has narrowed to near the middle track of Bollinger, indicating that the market direction is temporarily unclear. However, multiple indicators at the 4-hour level show consistent bearish signals: the KDJ indicator is blunted at a low level to form a clear downward momentum, and the MACD fast and slow lines turn downward and are accompanied by the release of bearish energy, suggesting that the gold price may continue the correction trend. In addition, MA5 and MA10 in the moving average system form a dead cross, further strengthening the short-term bearish expectations.
Gold operation suggestions for next week: short near rebound 2925-2930, stop loss 2938, target 2905
Chasing the gold wave and steering the direction of wealthFaced with the complex and ever-changing international situation, geopolitical conflicts and economic data fluctuations, as a qualified trader, he can always unravel the mystery, predict the trend of gold prices from the macroeconomic pattern, and skillfully grasp the timing of entry and exit. In the field of gold trading, his forward-looking analysis of industry trends and in-depth research on corporate fundamentals help tap potential markets and avoid potential risks.
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Gold trading continues to win and make profitsFriends who followed me to short in the 2920-2925 area, I made a profit of 140 pips this time, which is a good trading result. It has been proven to be effective. Others are still waiting and watching. I directly hit hard to short gold. This wave of operations is a sure win. Just wait and count the money.
This week's cumulative profit reached 30k. This achievement is inseparable from the close tracking of the market, the flexible use of technical analysis, and the accurate interpretation of fundamental news. Next week we will continue to maintain a rigorous trading attitude, optimize strategies, and continue to write good results in the gold market.
You can move your fingers and join my channel to make making money a pleasure. If there are good trading opportunities later, I will share them again in the channel. If you want to make money happily, you can join my channel.
Seize the opportunity to short goldTrading must have methods and rules, and it is not done casually based on feelings. In addition to trends, the market also has time points, and the position and time must match. Therefore, risk control is the first consideration. Only with appropriate position management can you dare to do it and take it, not afraid of stop loss, and gradually stabilize profits according to the trading system.
So in the short term, you can still try to short gold again. I have already shorted gold near 2920-2925. The target is 2910-2900 area. Wish us good luck! Brothers, are you following me to short gold?
Keep an eye on gold! Wait for the best time to enter the marketOn the road of trading, impatient people often lose their way, and only those who are patient can grasp the real opportunities. If you don’t have a good position to participate in the transaction, it is just right to hone your mind and let patience become your trading background. When the time is right, you can reap rich rewards in one fell swoop.You can move your fingers and join my channel to make making money a pleasure. If there is a good trading opportunity later, I will share it again in the channel. If you want to make money happily, you can join my channel.
Gold 2919-2925 short, waiting for non-agricultural guidanceBefore the non-agricultural data is released, the short-term trend is likely to continue to fluctuate. At present, the amplitude of the fluctuation is too large. The current support below is maintained at 90, and the pressure above is maintained at 20. In the short term, we can do some oscillation operations around this range. Once a breakthrough occurs, we can continue to follow up in the later stage. The previous value of non-agricultural data is 14.3, and the expected value is 16. The value in the evening is likely to be higher than 16, which may also have a negative effect. In the day, we still wait for the bulls to pull back and short near 2919-2925, and the target is the area near 2910-2900.
You can move your fingers and join my channel to make making money a pleasure. If there is a good trading opportunity later, I will share it in the channel again. If you want to make money happily, you can join my channel.
Gold (XAU/USD) Bearish Setup – Potential Drop to $2,901This chart represents Gold Spot (XAU/USD) against the U.S. Dollar on the 15-minute timeframe, published on OANDA.
Key Observations & Analysis:
Double Top Formation:
The red circles highlight two previous highs, indicating strong resistance around 2,919.684.
This suggests a potential reversal to the downside if the price fails to break above.
Bearish Trade Setup:
The price is currently near the resistance zone and has started to decline.
The chart suggests a short trade with:
Entry near the resistance zone (around 2,913 - 2,915).
Stop-loss (SL) placed above 2,919.684 to protect against an invalidated setup.
Take Profit (TP) Levels:
First TP: Around 2,907 (minor support).
Second TP: Around 2,902 (stronger support).
Final Target (tech this point): Around 2,901.098 (key support level).
Bearish Confirmation:
The red trendlines indicate a potential lower high formation, supporting the downtrend.
If the price fails to break resistance and follows the projected path, the bearish move is likely.
Conclusion:
Bias: Bearish (Sell Setup).
Entry: Near 2,913 - 2,915.
Take Profit Targets: 2,907, 2,902, and 2,901.
Invalidation: A breakout above 2,919.684 cancels the bearish setup.
Today's gold 19-20 short, waiting for the evening non-agriculturGold, yesterday's trend also caught the market off guard. Before the non-agricultural results are released, it is very likely to continue to maintain a volatile pattern in the short term. At present, the amplitude of the volatility is too large. The current support below is maintained at the 90 line, and the pressure above is maintained at the 20 line. In the short term, we can do some volatile operations around this range. Once a breakthrough occurs, we can continue to follow up in the later period. The previous value of non-agricultural is 14.3, and it is expected to reach 16. The value in the evening is likely to be higher than 16, which may also achieve a negative effect. In the day, we still wait for the bulls to pull back and short around 19-20, with a target of around 05-90 and a loss of 28.5.
Short gold and make huge profits againFriends who followed me to short in the 2920-2925 area, I made a profit of 140 pips on this short, which is a good trading result. It has been proven to be effective. Others are still waiting and watching. I directly hit hard to short gold. This wave of operations is a sure win. Just wait and count the money.
This is the fast trading strategy, a beacon on the road, guiding your direction and allowing you to see the road clearly in the dark. If you are interested, you can join my article channel at the bottom.
Short gold! Target to earn 400 pips!!!Bros, gold has failed to effectively break through the 2920 area after many attempts during the rebound, and has consumed too much bull momentum near the resistance area. The shorts will become relatively stronger; gold has just fallen below 2900 strongly during the decline, further indicating that gold will choose a downward direction, and the current gold rebound is more likely to reserve room for a decline in the NFP market tomorrow.
So in terms of short-term trading, I still insist on shorting gold. At the latest on Friday in the US market, I expect gold to usher in a wave of big declines, at least retreating to the 2880-2870 area again, or even near the 2860 area. Brothers, are you optimistic about the big decline in gold?
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Gold shorting is in place, waiting for the moment of breakthrougThe short position is already in place. Although the gold price is not volatile at the moment, this is just the rhythm before the storm. Stay patient and don't be anxious because of the temporary stillness. The balance of the market will eventually tilt in the direction we expect, and rich returns are waving not far away.
From watching to taking action, it is time to short goldNon-farm payroll data continues to improve, and the unemployment rate remains at a historical low. This not only enhances the attractiveness of the US dollar, but also weakens the charm of gold as a safe-haven asset. Usually, the US dollar and gold have an inverse fluctuation relationship. The strong US dollar puts the price of gold denominated in US dollars under downward pressure.
From the trend point of view. Compared with long and short positions, shorting is still slightly stronger. At present, the price of gold fluctuates in a narrow range around 2917. There is no major news to boost or suppress the price of gold in the short term. Therefore, after consuming a certain amount of long power, the shorts will regain control of the situation, and there will be very good trading opportunities for shorting gold. Now we are long gold around 2920-2925. The target is 2910-2905 area. Wish us good luck! Brothers, have you followed me to short gold?
If you follow the trading strategy I mentioned above, you can easily make a profit of more than 200 pips today, which is a very good trading result. If there are brothers who want to make money as a part of life, welcome to follow my article at the bottom!
Gold must be watched tonight.Everyone, open your eyes. From the current technical trend, this wave of rise has been under continuous pressure near 2920. The short-term upward momentum is insufficient. The short-term high-level oscillation of 2915-2920 is maintained.
At present, the trend of gold today is slightly weak, and it has not continued the bottoming out and rebounding the day before yesterday. Because the current position is close to the previous high point, and the current risk aversion sentiment has eased slightly, the impact of breaking the previous high again is not strong, so we can see that gold has been oscillating around the 2914-2917 range, and most of the time there is not much breakout trend!
Operation plan, today, focus on whether it will break through 2920 again. If the US market still cannot break through 2920, you can directly short gold. If it breaks through 2920 again, it is not recommended to chase high. The strong pressure area above is concentrated in the 2925-2930 area, and the possibility of a sharp rise in the short term is not great. The support area below is concentrated in the 2895-2885 area. If it falls below the support point of around 2860 again tonight, you can directly chase higher.
Gold real-time market trend analysis and operation suggestionsGold technically experienced a wide range of long and short fluctuations in the volatile trading. The price rebounded slightly in the Asian and European sessions, and then fell below 2922 in the afternoon European session. In the evening, the US session accelerated downward and broke through the 2900 integer mark to reach 2894, stabilized and rebounded. In the early morning, the gold price ushered in a deep V rebound and pierced through the 2929 mark, fell and closed in volatility.
Gold is currently temporarily maintaining a range of oscillations and repairs on the daily trend, and the current price is temporarily compressed between 2890-2930. From the perspective of the 4-hour chart, the MACD kinetic energy column is weakening, that is, the bullish force is weakening, and the KDJ is obviously blunt and weak. There is still an opportunity for rebounding to short at a high level in the subsequent market. Gold is still fluctuating in a large range in 1 hour. Gold bulls did not break upward overnight, so the confidence of gold bulls is not very sufficient. Gold was still under pressure from the 2930 line last night under the stimulation of risk aversion. In the short term, the gold price is likely to continue to maintain a wide range of fluctuations around the 2890-2930 area. If it breaks, it needs to follow the trend and deal with it. You can continue to pay attention to the resistance strength of the 2930 position above. In terms of operation ideas, it is recommended to focus on rebound shorting. The short-term focus on the 2920-2925 line resistance above and the short-term focus on the 2890-2885 line support below.
This is the fast trading strategy, a beacon on the road, guiding your direction and allowing you to see the road clearly in the dark. If you are interested, you can join my bottom article channel.