Gold Outlook Unchanged: Waiting for a Break Below SupportFriday's NFP turned out to be a non-event, with gold prices remaining stuck in their familiar range between 2,895 and 2,930.
Following the announcement, prices initially spiked to resistance but quickly retreated to the middle of the range by the weekly close.
Looking ahead, my outlook remains unchanged—I expect a break below the 2,895 support level. If this happens, we could see accelerated downside momentum, potentially testing recent lows in the 2,830–2,840 zone.
My strategy also remains the same: selling rallies against the range’s resistance.
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.
Xauusdupdates
Xauusd Gold buy tradeThis chart represents a technical analysis of the Gold Spot (XAU/USD) price action on the 2-hour timeframe. The key elements of the analysis include:
1. Range-bound Consolidation:
The price has been moving sideways in a consolidation phase within the highlighted purple zone.
The range is defined by support (bottom boundary) and resistance (upper boundary).
2. Support and Resistance Levels:
A Support Level is marked in yellow, indicating a strong demand zone where price has historically bounced.
The Resistance Levels at around 2,929.149 and 2,950.391 act as potential price targets if a breakout occurs.
3. Breakout Expectation:
The chart suggests an upside breakout from the consolidation range.
If the price sustains above the consolidation zone, it may rally towards the resistance levels, with 2,950.391 as the primary target.
4. Trade Plan:
A breakout above 2,929.149 could confirm bullish momentum.
The price is currently at 2,912.905, indicating that the market is still inside the range but attempting an upward movement.
A potential retest of support (highlighted in red) before the breakout could offer a buying opportunity.
Conclusion:
This analysis suggests a bullish breakout scenario, where the price could move towards the 2,950.391 target if it successfully breaks above resistance. However, a failure to break out could lead to another rejection and continuation of the range-bound movement.
Gold Price Analysis: Key Insights for Next Week Trading DecisionGold prices dipped on Friday as the US jobs report and rising Treasury yields reshaped market sentiment. The US Dollar also trimmed some losses, adding to the pressure. Despite the NFP data missing the mark, the Unemployment Rate remained stable.
The current consolidation phase comes amid uncertainty following Fed Chair Jerome Powell's cautious stance on interest rate cuts, emphasizing a potentially "bumpy" path to 2% inflation. The impact of Trump's tariff policies also remains a key consideration.
So, what does this mean for gold prices? Even with central banks like the PBoC and NBP actively buying gold (as highlighted by the World Gold Council), the market faces conflicting forces.
In this video, I break down the technical analysis and share my strategies for navigating the next move in the gold market.
#gold #goldprice #federalreserve #jeromepowell #nfp #trading #technicalanalysis #investing #marketnews #goldmarket #ustreasuryyields #greenback
Disclaimer:
Forex and other market trading involve high risk and may not be for everyone. This content is educational only—not financial advice. Always assess your situation and consult a professional before investing. Past performance doesn’t guarantee future results.
Gold Intraday Expectations Long/BuyGold trading at 2904.xx when we were publishing the analysis.
Gold has challenged PDL 2894 moved below to 2892.xx and bounced sharply to 2905 by now. As per our readings we have 2 important levels today to watch, one is 2992 that is under the consideration that it may break down if gold remains below 2916 and fall towards 2877/2871 can open that can be considered a good buying range/level. On the upside we expect gold can challenge PDH at 2929.
Our analysis suggests fall around 2877/2871 is possible that can be bearish target and from where bounce to 2916/2929 is possible that our Main Goal/Target for now.
Trade as per your plan and if you like our idea do share your feedback.
Gold (XAUUSD) is now rangebound (2893-2928) round about 350 pipsGold (XAUUSD) is now rangebound (2893-2928) round about 350 pips price in range. The consoludations periods will end with a high-pressure move. On the other hand, the US Index is at the support level.
The rangebound market is good for scalpers like price movement in range; they buy from the bottom and sell from the top. But in my view, the market makes 4 times the top and gives them the respect, and 5 times the bottom level. Now wait for the breakout and the confirmations of the breakout.
The possible best setups is following:
Selling Zone: 2922-2928
Stop loss should be above 2932
Take Profit Level: 2917, 2908 and 2890
The buying level should be 2896-2892
Stop loss; 2886
Take profit levels: 2905, 2916, and 2928.
Keep in mind;
The market price changed every second, and do follow the analysis with your own risk and take 1% of the account.
Gold Price Analysis March 7Fundamental analysis
Gold prices saw buying pressure as they dipped below $2,900 before rebounding to a daily high in European trading on Friday morning. Investors were cautious and waiting for the key US jobs report. The upcoming Non-Farm Payrolls (NFP) report will have a significant impact on the USD's performance in the short term and could provide fresh impetus to gold prices.
Amid the market’s anticipation of key economic data, expectations that the Federal Reserve could cut interest rates multiple times in 2025 – amid signs of slowing US economic growth – sent the USD tumbling to a multi-month low, further supporting gold prices. In addition, concerns surrounding former US President Donald Trump’s trade policies and their potential impact on the global economy weighed on investor sentiment.
Technical analysis
Gold price is increasing in the early European trading session. 2928 will be the resistance level in this trading session. If the European session fails to break this zone, consider SELL signals to 95. Conversely, when breaking 2928, wait for retest and BUY signals towards 294x to SELL. NF trading range today is 2876 and 2945.
Latest XAUUSD news analysis, trading signal planSpot gold traded around 2910 on Monday. Gold prices rose last week, helped by safe-haven inflows and the US employment report showing lower-than-expected job growth in February, suggesting that the Fed is expected to cut interest rates this year.
News Interpretation: The Fed Chairman said at the New York Economic Forum that the Trump administration's tariff plan may push up inflation, but its impact remains to be seen. He stressed that the Fed does not need to rush to cut interest rates before it has more information, but should remain on the sidelines. February Consumer Price Index (CPI) data will be released on Wednesday. Since the Fed will be in a silent period before its policy meeting on March 18-19, the inflation report may affect the market's pricing of the Fed's interest rate outlook and drive gold's trend.
Gold Trend Analysis:
Gold prices have been tested below $2930 many times, but have failed to achieve an effective breakthrough. This key pressure level has successfully blocked the upward pace of gold prices in multiple rounds of market fluctuations in the past, and its effectiveness has been fully verified. In the subsequent operation plan, investors can focus on the vicinity of $2,930, which is in a sensitive range below the pressure level. Market sentiment reacts strongly to price fluctuations. Once a short-selling signal appears, it is an ideal time to enter the market. At the same time, in order to effectively avoid the possible risk of price rebound, the defensive position is reasonably set at $2,935. This price is higher than the key pressure level, which can minimize the triggering of stop losses due to short-term market fluctuations and ensure the stability of the trading strategy. TVC:GOLD OANDA:XAUUSD FOREXCOM:XAUUSD ICMARKETS:XAUUSD TVC:USOIL PEPPERSTONE:XAUUSD
XAU/USD: Trading Strategy for Next WeekAll of my trading signals turned out profitable this week. Although the NFP data was favorable for gold, there wasn't a significant rally. The trading range remained within the 2900-2930 price band. You can continue trading within this range next week.
Trading Strategy for Gold Next Week:
xauusd sell@2920-2930
TP:2910-2900
Currently, my account balance has grown from an initial $40,000 to $500,000 in profits. I will share accurate trading signals every day, and you have the option to copy my trading orders. If you're interested in getting these signals, you can click on the link below this article.
XAUUSD,GOLD 4H GOLD has broke and retested an upward channel, which means we are looking for selling oppotunity
1.The CHoCH has been created
2. A lower low has been created
On 4h timeframe I see a potential HEAD & SHOULDERS.
NOTE : We're not entring the trade until the downward break of the HEAD & SHOULDERS.
Gold trading opportunities next week? Baker tells youAnalysis of gold market trends next Monday:
Technical analysis of gold: This week, I have been emphasizing that gold is a volatile market. Facts have proved that my view is also very correct. Go short under the pressure of 2928 and go long on dips at 2894. The gold price has fluctuated in this range many times. I also go long at high and low in this range and make profits continuously. As long as you trade according to the range signal, you can easily make a profit. Before the market moves out, the fluctuation will continue, and the continuous profit will also continue. The non-agricultural and unemployment benefits on Friday are both bullish for gold, but gold still rose and fell. It is a volatile opportunity. Gold has two consecutive wins in shorting at 2926 after the non-agricultural in the US market on Friday.
From a technical perspective, gold closed positive this week. If it continues to close positive next week, it is expected to reach a new high in the later period. A single negative without continuous negative can only be regarded as a correction rather than a reversal. If it closes negative, the weekly line will switch between positive and negative. The weekly resistance is near the high point of this week at 2930. If it breaks above, it is likely to go to the previous high near 2956 or even a new high. If 2930 cannot break, the first look below is around 2882. Once it breaks down effectively, it will go to around 2870-2860. If the market wants to fall back significantly, it must break below 2858 effectively, otherwise it will fluctuate and clean up at a high level.
On the whole, the short-term operation strategy for gold next Monday is to focus on long positions on pullbacks and short positions on rebounds. The short-term focus on the upper resistance of 2928-2930 is the first line, and the short-term focus on the lower support of 2888-2878 is the first line. It is necessary to control the position and stop loss, and do not resist the order. The specific points are mainly based on the real-time intraday. Welcome to experience, exchange real-time market conditions, and pay attention to real-time orders. TVC:GOLD OANDA:XAUUSD
What news has recently affected the trend of gold and crude oil?How to judge the future market of gold bulls and bears?
On Friday (March 7), spot gold prices soared due to the weak non-agricultural report, but after the hawkish remarks of Fed Powell, gold prices staged a "high diving". Subsequently, Fed Powell reiterated that there is no rush to cut interest rates. Uncertainty in the economic outlook has increased, and progress in inflation and continued employment has been uneven. It remains to be seen. We can wait for the impact of Trump's policies to become clearer. Powell added that the easing of geopolitical tensions also limited the rise in gold prices, and some progress has been made in a possible ceasefire agreement between Ukraine and Russia. In the Middle East, US President Trump continued to pressure Hamas to release hostages. At the same time, according to the World Gold Council, the People's Bank of China continued to buy gold. The People's Bank of China increased its holdings of gold by 10 tons in the first two months of 2025. However, the largest buyer was the Polish Central Bank, which added 29 tons of gold reserves, the largest purchase since it bought 95 tons of gold in June 2019. The gold market is currently in a consolidation phase, and risk aversion provides continued support.
OANDA:XAUUSD ICMARKETS:XAUUSD TVC:GOLD TVC:USOIL FOREXCOM:XAUUSD
Gold (XAU/USD) Trade Plan – Breakout or RejectionGold (XAU/USD) Trade Plan – Breakout or Rejection Setup
This trade is based on price action around a descending trendline and key resistance levels, aiming for a potential breakout or rejection move.
Trade Setup:
Entry Zone: Around 2,919 - 2,923, where price is testing the trendline and resistance area.
Stop Loss: Placed at 2,906 to protect against downside risk if price fails to break resistance.
Take Profit Target: 2,941 - 2,943, aligning with a major resistance level above.
Market Outlook & Strategy:
Bullish Bias: If price breaks the trendline and holds above the resistance zone, it confirms a bullish move toward the take profit zone.
Bearish Risk: If price gets rejected at the trendline, a potential reversal could occur, leading to lower support zones.
Confirmation Needed: A strong bullish candle closing above resistance or retesting support at entry levels before continuation.
This trade aims to capture momentum from a breakout while managing risk with a well-placed stop loss.
FOREXCOM:XAUUSD OANDA:XAUUSD FX:XAUUSD FXOPEN:XAUUSD PEPPERSTONE:XAUUSD ICMARKETS:XAUUSD EIGHTCAP:XAUUSD EIGHTCAP:XAUUSD PYTH:XAUUSD VANTAGE:XAUUSD VANTAGE:XAUUSD SAXO:XAUUSD FX_IDC:XAUUSD
Be careful when trading XAUUSD after the data is releasedOn Friday (March 7), the February non-farm payrolls data was released, with 151,000 new jobs, lower than the market expectation of 160,000, and the unemployment rate slightly increased to 4.1%. The annual rate of hourly wages increased by 4.0%, lower than the expected 4.1%. After the data was released, the market fluctuated violently. The US dollar index (DXY) first fell 13 points to 103.61, then rebounded 27 points to 103.88, and then plunged about 40 points, reaching a low of 103.4554, with a fluctuation range of more than 80 points. Spot gold (XAU/USD) rose by $9 to 2930 in 1 minute, and then gave up the gains, with an amplitude of about $50, and now reported at $2912.88/ounce. This slightly weak employment report ignited recession concerns. While the US dollar was under pressure, the Fed's policy expectations also faced new tests. New changes are worth paying attention to. Well-known institutions pointed out that "Trump has been engaged in civil servant layoffs and trade barriers since he took office, which is not good for the job market.
Technical analysis viewpoint: The dollar broke down and gold fluctuated under pressure
Weak signals dominate, and policy games intensify. From a technical perspective, if the US dollar index cannot return to 103.70, the 103 mark below is in danger, and it may even test 101.90. The upper resistance is 104 and the 200-day moving average (105.03), and a short-term rebound requires strong positive support. For gold, pay attention to the resistance range of 2930-2935. If it breaks through, it will point to 2950. Pay attention to the support of 2882-2876 below.
Trading is risky, and positions should be controlled reasonably. When the opportunity comes, if you don’t know when to enter the market and want to get accurate transactions and huge profits in advance, please leave me a message and I will make you feel that this is true. TVC:GOLD OANDA:XAUUSD ICMARKETS:XAUUSD FOREXCOM:XAUUSD
XAUUSD: Is it suitable to buy or sell now?Dear traders, if you also want to trade XAUUSD. But don't know how to do it, you can refer to Jack's ideas. Feel free to leave interactive messages at any time.
If you are in the analysis circle, you will get accurate answers. If you are not in the analysis circle, it doesn't matter, read it carefully.
XAUUSD: In the London market, we announced suggestions for going long. The lowest buy signal was around 2892. So far, we have shared four valid XAUUSD trading signals exclusively today. They are buy signals around 2892, buy signals around 2900, buy signals around 2904, buy signals around 2910, and buy signals around 2917. Almost all of them are profitable. If you have not paid attention to them or followed them, it does not matter. You can follow the next one.
The current price is 2921. From the trend point of view, this trend will also hit the range of 2925-2930. If the position of 2925-2930 stabilizes, continue to go long to 2945. At present, the New York market is active, and conservative traders can refer to the buy signal below 2915. Aggressive traders can buy multiple orders at the current price of 2920. The position of SL2904.
There are risks in trading. If you are not sure about the timing, it is best to leave me a message. This will better confirm the timing of the transaction, whether to buy or sell. It can also better expand profits and reduce losses.
XAUUSD trading signal for large-scale fluctuations tonightGold is currently fluctuating in a narrow range and is currently trading around $2,919/ounce. Gold prices fell slightly on Thursday. Some of Trump's tariff exemption policies and the market's expectation that the Russian-Ukrainian war is coming to an end have cooled risk aversion sentiment and pushed some longs to take profits. Spot gold once fell to around $2,891/ounce, but the US trade deficit hit a record high in January, suggesting that trade may drag down economic growth in the first quarter. Market expectations for the Fed's rate cut in May have increased, attracting bargain-hunting buying to support gold prices, which closed at $2,910.76/ounce on Thursday, down about 0.28%. The market's attention is currently turning to Friday's non-farm payrolls data to further understand the Fed's monetary policy trends.
From a technical perspective, the upper resistance is concentrated in the 2,922 to 2,924 area. Once effectively broken, the gold price may continue to rise to around 2,940. The lower support is in the 2,893 to 28,882 range. If it falls below this support, the gold price may pull back to the 2,868 level. In terms of operation strategy, it is recommended to focus on callbacks and long positions, supplemented by rebound high-altitude strategies. Everyone needs to pay close attention to the impact of non-agricultural data on the market, flexibly adjust positions, and do a good job of risk management to respond to market fluctuations in a stable manner. OANDA:XAUUSD TVC:GOLD FOREXCOM:XAUUSD PEPPERSTONE:XAUUSD
XAUUSD: If trading, buy or sell?Dear traders, are you still wondering how to trade XUAUSD? Short or buy? Then take a look at Jack's ideas.
Friends who continue to pay attention will know. Yesterday, I went long first and then shorted. Some of the traders who followed me also made a lot of profit. Is the lowest buy at 2892 impressive to you?
XAUUSD: There is no big news to push the market to continue to rise or fall. It is waiting for an opportunity. That is the bombshell of "non-agricultural data". This week, XAUUSD continued to fluctuate around the narrow range of 2890-2920. The current trading sentiment of the market is fluctuating around the release of non-agricultural data. This is the main point for XAUUSD to choose the direction today. In the short term, we will first focus on whether the position of 2917 can be stabilized. If it is unstable, it will continue to fluctuate and fall in a narrow range before the New York market arrives, but the decline will not be too large, which is used to pave the way for the release of data. Trading mainly maintains buying low and selling high(2915-2923)
Keep an eye on the real-time trading opportunities announced in the analysis circle every day. If you want to follow.
3.7 Gold wedge wide consolidation, waiting for non-agricultural 2928 is the defensive point, short near 2923, if weak, it is 19-20 here, once the four-hour below the medium-term moving average, it is dispensable for the evening data, basically it is a rebound short, pay attention to the three points below 95-84-65. Personally, I expect that today will be a Black Friday.
Trading is for profitable trading, not for gambling or trading, so traders must understand what operations to take at what stage the price is! Traders are not always long or short, and traders always change with market changes! Traders must have their own defense system to control risks!
XAU/USD 07 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 100% Trading SignalsTechnical analysis of gold: The recent game between bulls and bears in gold has been very volatile, and it has fluctuated back and forth many times. The current pattern shows that the general trend is still bullish. In the short term, it is oscillating at a high level. The large range of fluctuations is 2930-2891, with a fluctuation range of up to 40 points. The daily line has continuous cross stars. Today's idea is to look at short-term fluctuations before the non-agricultural data. Both bulls and bears can go up. The daily 30-day moving average still supports bulls, and the general bullish trend has not changed. Today we focus on whether the non-agricultural employment data can change the trend. It should be treated as a range fluctuation before the non-agricultural data. In addition, today is the closing of the weekly line. If the weekly line is below 2890, then the bulls in the large cycle may change, and the large negative top before the weekly line will help to continue to fall next week.
The hourly chart of gold has formed a sideways K-line, and the oscillation center axis is near 2905. If the white plate rebounds first today, look for short opportunities near 2920. If it falls to 2890 first, look for long opportunities. It rebounded yesterday and then fell. Let’s look at short opportunities in today’s white plate. If it breaks through any side today, we can adjust our thinking and chase orders. It is expected to be a pattern of adjustment before rising! If we still cannot effectively break through the upper rail pressure of the flag consolidation today, it will inevitably fall to the previous low again! The battle between long and short positions is still fierce. The short-term short position has a slight advantage, but the long position counterattack is also fierce. The 2890 support is still very strong! If it breaks through, enter the market with the trend, otherwise it will be a consolidation and shock trend! On the whole, today's short-term operation strategy for gold is to focus on long positions on pullbacks and short positions on rebounds. The short-term focus on the upper side is 2928-2930 resistance, and the short-term focus on the lower side is 2890-2894 support. Friends must keep up with the rhythm. It is necessary to control positions and stop losses.
Strategy 1: When gold rebounds to around 2927-2930, short sell (buy short) in batches, 2/10 of the position, stop loss 8 points, target around 2915-2900, break to 2895
Strategy 2: When gold falls back to around 2893-2896, buy (buy up) 2/10 of the position in batches, stop loss 8 points, target around 2910-2920, break to 2930