Gold Prices Rise Amid Recession FearsGold Prices Rise Amid Recession Fears
As the XAU/USD chart indicates, gold prices have risen in the early days of March.
Bullish sentiment is being driven by:
→ Investor positioning ahead of key US labour market data – the Non-Farm Employment Change report (due Friday at 16:30 GMT+3), which could provide insights into the Federal Reserve’s interest rate trajectory.
→ Trump’s tariff announcements, adding to global trade tensions – According to The Wall Street Journal, recession fears are resurfacing among market participants. Meanwhile, Barron’s draws a parallel between Trump’s tariffs and the 1930 Smoot-Hawley Tariff Act, which is widely blamed for deepening the Great Depression.
Technical Analysis of the XAU/USD Chart
Gold prices in 2025 are forming an ascending channel (marked in blue).
From a bearish perspective, we observe:
→ A break below an intermediate bullish trendline (shown in orange).
→ The median line of the channel acting as resistance (indicated by an arrow).
→ A bearish Quasimodo pattern (labelled near key price extremes).
From a bullish perspective, gold remains within the blue ascending channel, suggesting that its lower boundary could act as support. If this holds, bulls may attempt to push prices higher towards the key $3,000 psychological level.
However, market direction will largely depend on the broader news backdrop, particularly developments in geopolitics and global trade policy.
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Xauusd(w)
Shorting gold, a precise hit yielded a handsome profitBrothers, as a professional trader, my rich trading concepts and strategies have been widely praised by my friends. Have you followed my trading strategies and ideas to short gold? As I wrote in my previous post, I shorted gold as soon as the price hit the 2925-2930 area and made a profit of more than 200pips. Presumably, as long as the brothers who follow my strategy to short gold, they will definitely gain a lot of profits.
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Those who are long gold or want to go long remember to readAt present, the candlestick chart is in an undoubted bullish trend, with large positive lines at the bottom rising one after another, showing a strong trend all the way north. The continuous large positive lines have consolidated the foundation of the bulls. Although the market has seen a large negative line drop during the period, the positive line has quickly and strongly pulled up, and has now completely engulfed the negative line entity, forming a typical bullish engulfing pattern, which is undoubtedly a strong signal that the upward trend is further strengthened. At the same time, the 50-day moving average continues to maintain an upward rhythm, and the 2908 point support level is as solid as a rock. This point is an excellent opportunity to enter the market.
The gold four-hour line continues to show the phenomenon of positive lines engulfing large negative lines. This candlestick chart pattern is usually regarded as a strong reversal signal, which means that the bulls are rising strongly and gradually regaining market dominance. It is a wise choice to follow the trend and arrange long orders at the key support level of 2908. It has effectively blocked the short-selling offensive many times and has strong support. Going long at this position is expected to make rich profits in the continuation of the bull market. Go long at 2908, target 2918-2928-2938.
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XAU/USD 06 March 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Price has printed a bullish CHoCH according to analysis and bias dated 28 February 2025.
Price is currently trading within an established internal range.
Intraday Expectation:
Price is now trading in premium of 50% internal EQ where we could see a reaction at any point. Price could also target H4 supply zone before targeting weak internal low, priced at 2,832.720
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
Price could also be driven by President Trump's policies, geopolitical moves and economic decisions which are sparking uncertainty.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Analysis and bias remains the same as analysis dated 03 March 2023.
As mentioned in my analysis dated 28 February 2025, whereby price printed a bullish CHoCH but stated I would continue to monitor price.
On this occasion I have marked the previous bullish CHoCH in red as price did not pull back deeply enough to warrant internal structure breaks, additionally, there was minimal time spent .
Price has printed a further bullish CHoCH which is now confirmed. Price is not trading within an established internal range.
Intraday Expectation:
Price to continue bullish, react at either premium of internal 50% EQ, or M15 supply zone before targeting weak internal low priced at 2,832.720.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
GOLD → Consolidating around 2921 — Poised for a Breakout!OANDA:XAUUSD continues its upward trajectory amid rising economic risks and a weakening dollar. The metal is currently testing resistance at 2921 and appears poised for further gains.
The U.S. dollar has broken its bullish structure, driven by comments from the U.S. Treasury regarding potential rate cuts. This intervention has significantly influenced market sentiment. Theoretically, gold is unlikely to decline further due to trade war risks and expectations of a dovish Fed policy. Additionally, weak ADP employment data and PMI figures could provide further bullish momentum for gold.
Key levels to watch are 2913 and 2903, which have already been tested and tapped into liquidity zones. Now, all eyes are on 2927—if this level holds, gold could retreat back to the 2913-2903 support zone. However, a breakout above 2927 could fuel further upside, with the next targets at 2942-2956.
Share your thoughts, opinions, and questions—let's discuss what’s unfolding in the market!
GOLD RALLIES STRONGLY – WILL THE BULLS MAINTAIN CONTROL?💠 GOLD ANALYSIS – 03/05/2025
📌 Market Overview
Gold continues its strong upward trajectory, holding firm above key resistance levels. Following the release of ADP Nonfarm employment data, the market responded with increased demand, reinforcing the bullish sentiment.
🔥 Macroeconomic Factors at Play
The U.S. dollar (USD) has weakened due to ongoing tariff uncertainties and mixed economic data from the U.S. While there was a short-lived recovery in the dollar late last week, the overall sentiment suggests further strength in gold. Given this outlook, buying opportunities remain attractive as the price action aligns with technical confirmations.
💡 Strategic Focus for Today
During the Asian and European trading sessions, traders should closely monitor resistance levels to assess potential early BUY entries. If gold reaches the 2928 - 2926 zone, this could present an ideal setup for short-term SELL scalping, similar to yesterday’s move, which yielded a 150-pip profit.
🔹 Key Support & Resistance Levels
🔺 Resistance Levels:
2928 - 2942 - 2954
🔻 Support Levels:
2904 - 2894 - 2886 - 2874
🎯 Trading Plan for Today
🟢 BUY ZONE:
Entry: 2886 - 2884
Stop Loss (SL): 2880
Take Profit (TP): 2890 - 2894 - 2898 - 2905
🔴 SELL SCALP:
Entry: 2942 - 2944
Stop Loss (SL): 2948
Take Profit (TP): 2938 - 2934 - 2930 - 2925 - 2920
🔴 SELL ZONE:
Entry: 2954 - 2956
Stop Loss (SL): 2960
Take Profit (TP): 2950 - 2946 - 2942 - 2938 - 2934 - 2930
📌 Key Considerations & Risk Management
✔ Risk Control: Strictly adhere to Take Profit (TP) and Stop Loss (SL) levels to protect capital.
✔ Market Behavior: Prices may consolidate before tomorrow’s Nonfarm Payroll (NFP) data release, requiring patience and a disciplined approach.
✔ Confirmation Before Execution: Avoid premature entries—wait for clear signals to maximize trade efficiency.
📢 Will gold continue its bullish momentum or face a pullback? Drop your insights below! 🚀🔥
Perfectly achieved the goal of 2910, another winning streak!There is no unsuccessful investment, only unsuccessful operation. As a professional trader, I have rich practical trading experience and unique trading philosophy. I have studied the gold field for many years, have a solid theoretical foundation and practical experience, and am good at combining technical and news operations. My operation style is steady and decisive. I am recognized by many friends for my easy-going and responsible personality and sharp and decisive operations.
After shorting gold at 2919 and 2928 at the same time, I had a good sleep and directly hit the target of 2913, grasping the highest and lowest prices, and profited more than 200pips from it, which is a very impressive trading result.
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Gold Price Action: Why I Took Profits EarlyYesterday, gold initially dropped below 2900, briefly testing the 2895 zone as support before reversing sharply to the upside.
Although I had a sniper entry with a 500-pip profit target, I chose to close my trade with a 250-pip profit instead.
The reason for this decision is the strong resistance between 2920 and 2930, along with multiple barriers extending toward 2940.
Looking ahead, a breakdown below 2910 would confirm my slightly bearish bias and could trigger a new leg downward.
For now, I’m staying out of the market, waiting for confirmation of my bearish outlook before initiating sell positions.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
XAUUSD: Riding the Trade War Wave: Will We See New Highs?Hey Realistic Traders, Will OANDA:XAUUSD See New All-Time High Soon? Let's dive into the analysis...
Analyzing XAUUSD price movements using Elliott Wave Theory suggests a possible significant upside in Wave 5. Wave 3 previously didn't go beyond the 1.618 Fibonacci extension, classifying it as a normal wave. Wave 4 then retraced to around the 0.618 Fibonacci level, forming a bullish descending broadening wedge pattern.
The breakout from this descending broadening wedge on the 1-hour chart, combined with a golden cross in the MACD indicator, indicates the potential start of Wave 5. Since Wave 5 is expected to be extended, its movement might be greater than Wave 3. However, we conservatively expect the extended Wave 5 to reach a maximum of the 0.786 Fibonacci level.
Based on these technical indicators, the price is projected to rise towards the target of 2950, and possibly the second target at 2969, as long as it stays above the critical stop loss level of 2900.
Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
"Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Gold".
Gold (XAU/USD) 1H Chart Analysis – Key Levels & Trade Setups!Gold (XAU/USD) 1H Chart Analysis 🏆✨
1️⃣ Support & Resistance Zones 🚧
Resistance Zones (Purple areas):
🔹 Lower resistance ~ 2,920
🔹 Upper resistance ~ 2,960
Support Zone 🛡️ around 2,900
2️⃣ Possible Price Movements 📈📉
✅ Bullish Scenario: If price breaks above 2,920, it may surge towards 2,960 🚀💰
❌ Bearish Scenario: If price gets rejected at 2,920, a pullback to 2,900 is likely ⚠️📉
3️⃣ Trend Analysis 📊
🔥 The price is in an uptrend after bouncing from 2,880
🔍 Watch the 2,920 level—break or rejection will decide the next big move!
💡 Trading Plan:
Bullish: Wait for a breakout 🔼 above 2,920, then target 2,960 🎯
Bearish: Short if price rejects 2,920, aiming for 2,900 📉
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GOLD (XAUUSD): Consolidation Continues
On a yesterday's live stream, we discussed that Gold is consolidating
within a horizontal range.
After a test of its resistance, we got a local sideways movement and distribution.
Violation of its minor support is a strong intraday bearish signal.
Because of that, I think that the price may drop to 2900 support.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Gold H1 | Falling to multi-swing-low supportGold (XAU/USD) is falling towards a multi-swing-low support and could potentially bounce off this level to climb higher.
Buy entry is at 2,896.23 which is a multi-swing-low support that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 2,875.00 which is a level that lies underneath an overlap support and a 50.0% Fibonacci retracement level.
Take profit is at 2,927.81 which is an overlap resistance that aligns with the 78.6% Fibonacci retracement.
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Unswervingly short goldBrothers, good morning. Gold is still fluctuating in a narrow range. From the hourly chart, it is difficult for the price of gold to break through the upper resistance area of 2930-2940 in the short term. In the following trading rhythm today, we still maintain the attitude of shorting gold. The short-term focus below is to fall back to the support area of 2910-2900.
Brothers, profit is the ultimate goal of trading. Accumulating profits is what changes life and destiny. Wise choices are far more important than hard work. If you want to copy trading signals and earn stable profits, or want to learn in depth about correct trading logic and techniques, you can consider joining the channel at the bottom of this article.
Gold, beware of a high-rise fallGold maintained a shock-washing mode yesterday, but eventually pulled up again to around 2930. In yesterday's article, the emphasis was on the idea of going long. Yesterday, we saw gold fall in the morning and evening, both suggesting going long. No matter how the market moves, no matter how the main force washes, direction is above all else, and the point determines the outcome. In a shock market, although it is bullish, once it enters the middle position, it will be extremely passive, so it is necessary to get stuck and be patient.
At present, from the technical trend, this wave of rise has been under pressure near 2930, and the short-term upward momentum is insufficient. The short-term maintains a high-level shock operation. Although it broke a new high yesterday, the momentum was obviously insufficient. After being under pressure near 2930, it fell again. It is not recommended to continue chasing highs in the short term. According to the current trend, there is a high probability of shocks around a high-level large range. Even if it does not break through, the short-term is just a callback again, and the possibility of a sharp drop is not great. The gold price will continue to shock in a high-level large range, and the medium-term trend is still bullish.
Operation plan, the long positions last night are still held after reducing positions. Today, focus on whether it will break through 2930 again. If it still cannot break through 2930 to create a new high, all long positions need to be exited. If it breaks through 2930 again, it is not recommended to chase high. The strong pressure area above is concentrated in the 2930-2945 area, and the possibility of a sharp rise in the short term is not great. In the short term, once the pressure area is touched and a short signal appears, the short-term intraday short-term can wait for the opportunity to go short and see the support area below the retracement is concentrated in the 2900-2890 area. At the same time, this area is the area where pressure turns to support after the breakthrough. Therefore, to do more, you also have to wait for the retracement to this area again before there is room for operation. Since it has been characterized as a volatile market, do not chase the rise and sell the fall, and wait patiently for the operation position.
Now is the best time to short gold prices!At present, the price of gold fluctuates in a narrow range around 2926. There is no major news to boost or suppress the price of gold in the short term. From the trend, it is obvious that the rebound of gold is not enough to support the continuation of the rebound and breakthrough of gold. Therefore, after consuming a certain amount of bullish power, the bears will regain control of the situation.
So in the short term, you can still try to short gold again. I have already shorted gold around 2920-2930. The target is 2918-2908 area. Wish us good luck! Brothers, have you followed me to short gold?
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Gold update: the uptrend remains strong!Gold price is sitting at one-week highs near $2,930 early Thursday, consolidating a three-day recovery while aiming for a retest of lifetime highs of $2,956 ahead of mid-tier US economic data releases.
As mentioned on the chart, the uptrend remains intact, with the 34.89 EMA acting as strong support and the parallel channel effectively protecting buyers. Therefore, gold is still considered a safe investment, with a high likelihood that the upper resistance level of the trend channel will soon be confirmed.
What about you? What are your thoughts on gold?
Gold price breakout – What’s Next?The XAU/USD 2-hour chart reveals an exciting breakout from the previous downtrend channel, signaling a potential trend reversal. The 34 EMA and 89 EMA continue to provide solid support, while buyers are holding firm within the consolidation zone.
Two Key Scenarios Ahead:
✅ Case 1: If gold breaks out of this consolidation box, we could see a strong bullish continuation toward $2,950 - $2,970, and possibly even higher.
⚠️ Case 2: However, if price fails to sustain above this range, a retracement to $2,880 - $2,850 is on the table.
With geopolitical tensions rising and economic uncertainty driving investors toward safe-haven assets, will gold break higher, or are we in for a deeper pullback?
📉📈 What’s your outlook on gold? Bullish or bearish? 🚀👇