Historic Milestone for Gold: My Outlook and Key Support LevelsLast Friday, for the first time in history, Gold printed a "3" handle, and since the beginning of the year, it has already climbed an impressive 4,000 pips.
However, what matters most now is what Gold will do next.
As we can see on the chart, after reaching a new all-time high (ATH) at 3005, Gold has started to pull back slightly and has recently formed a support level around 2980.
As I also mentioned in my Friday analysis, although I expect a correction, I don’t see Gold dropping all the way back to test the previous ATH zone at 2950 , which should now act as a strong support. Instead, even if Gold breaks below the newly formed 2980 support, I will be watching for reversal signs between 2965 and 2970, and from there, I expect a new bullish wave and a fresh all-time high.
In conclusion, my strategy remains unchanged: buy the dips.
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 Today's strategyYesterday, the price of gold fluctuated within our marked range, so in the short term, both bulls and bears are feasible. However, you must be careful to set the SL level and not take excessive risks.
Today's xauusd trading strategy
buy@2985-2990
SL:2980
tp:3000-3010
sell@3010-3000
SL:3015
tp:2990-2985
If you don't know how to do it, you can refer to my transaction.
XAUUSD BUY it 3000....Resistance Rejection:
The price is nearing a strong resistance zone (~$3,004). If it fails to break through and forms a bearish pattern (e.g., triple top, bearish engulfing), a downward move could occur.
2. False Breakout:
The chart suggests an expected breakout above resistance, but a fake breakout (bull trap) could lead to a sudden reversal, trapping long positions
3. Double Top Confirmation:
A double top pattern is forming. If the price fails to maintain higher highs, this could confirm the pattern and trigger a bearish move.
4. Break of Trendline Support:
A critical trendline support is marked. If this level breaks, buyers may lose control, leading to increased selling pressure.
5. Market Sentiment & News Events:
Any major economic news (interest rate decisions, inflation data) could disrupt the technical setup, causing unexpected volatility.
Bearish Scenario If Disrupted:
If price fails at resistance and breaks below $2,996, we could see a sharp decline towards $2,988 or lower
Last chance to short gold💡Today, gold hit a low of around 2980 during its decline. Obviously, gold's decline has not reached its peak! There is still demand for gold to continue to retreat.
💡At present, gold has rebounded to above 2998 again, but gold has not broken through the 3005-3010 zone during multiple rebound tests. The upper space has been compressed smaller and smaller, and the bullish momentum has been largely consumed. Gold is expected to seek a breakthrough downward;
💡In the process of multiple rebounds, the momentum of the rebound has gradually weakened, the bull market confidence above 3000 is not strong, the confidence of bulls is not firm, and after the profit realization and selling psychology gradually gain the upper hand, gold is likely to have a flash crash!
📉So we can short gold in the 3000-3010 zone! The first target: 2985-2975, followed by 2965-2955
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Excellent window for gold-------News---
The U.S. inflation data for February was released, and the data showed that the U.S. inflation in February fell across the board, exceeding expectations. The decline in inflation also gave the Federal Reserve more room and possibility for interest rate cuts, and also slightly reduced the concerns originally caused by tariffs. However, with the full implementation of tariffs on Europe, retaliation from Europe also followed, and concerns about the global economic downturn also intensified. The U.S. dollar index rebounded slightly and then fell again.
Gold hourly line pattern chart;
Spot gold; Previously, the gold market continued its strong upward trend, and the bulls performed extremely well. On Wednesday, gold successfully broke through the key resistance level of 2930, breaking the previous confinement and opening the upward channel. On Thursday, the rally not only continued, but also entered a large-volume stage, directly breaking through the previous high of 2956, and without any stop, the highest impact reached 2990. The daily line closed with a long positive line, showing a strong pattern of three consecutive positive attacks. On Friday night, it even reached above 3000. You can short sell near 3000 above, and continue to hold the short positions at the previously arranged points. Reduce positions at the target area of 2970, and exit all positions when it reaches 2950.
You can read bottom signals, interpret daily market trends, share real-time strategies, and no longer blindly follow the trend.
Gold's strong sideways correction continues to be bullishThe 1-hour moving average of gold crosses upwards and the support of the 1-hour moving average of gold has now moved up to around 2985. Gold fell back to the support near 2985 in the US market and continued to buy on dips. The gold bull market has not ended yet. Gold continues to try to break through the new high resistance above. As long as there is no sharp correction, there is a high probability that gold will continue to break through the new high after accumulating momentum.
Gold strategy: It is recommended to buy at 2995, stop loss at 2985, and target at 30010-3020;
XAUUSD Analysis of TodayToday, the price of gold has been fluctuating between the support and resistance levels I analyzed.
Therefore, in the short term, both long and short positions are viable. However, you must pay attention to setting the SL level and must not take excessive risks.
XAUUSD
🎁 Buy@2983 - 2985
🎁 SL 2980
🎁 TP 2993 - 2995
🎁 Sell@3000 - 2997
🎁 SL 3002
🎁 TP 2988 - 2985
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
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Gold is testing the barrier again! About to plungeGold hit a new record high again on Friday, reaching 3005 at one point, and also perfectly reaching 3000 points. Obviously, the bulls' goal has been basically achieved. The current K-line must fall back. Moreover, Trump imposed sanctions on the Middle East at the weekend, but the gold price did not rise. Obviously, the bulls are also weak.
From the perspective of gold trend, the situation between Russia and Ukraine has become confusing again under the background of the originally expected clear situation, so the risk aversion sentiment has heated up again. In addition, the global trade concerns caused by Trump's tariff policy have led to the intensification of the risk of global economic recession. The uncertainty of the market has also increased again. At this time, gold has become the most sought-after product in the market. From a technical point of view, gold has repeatedly rushed to the 3000 mark last week. On Friday, it pulled out a Yin cross star at a historical high. There is a need for adjustment in the short term. Don't watch it blindly for the time being.
There is an obvious bearish engulfing at the top of the gold four-hour line, that is, the big Yin line entity directly covers the Yang line entity, forming a top signal. At the same time, the K-line is also seriously deviated from the moving average. It is an abnormal trend again. The decline is inevitable, and returning to the moving average is also a certain short selling.
You can read bottom signals, interpret daily market trends, share real-time strategies, and no longer blindly follow the trend.
Gold fluctuates sideways at high levelsLooking at the 1-hour gold level, the gold price is running sideways above 2978. It is currently in a strong bull correction. The moving average indicator is golden cross, the Bollinger Bands are opening upward, and the short-term bulls are strong. Today's low is around 2982, so gold still forms a strong support at this line. Gold can continue to go long on dips above 2982 in the US market, and it can continue to go long if it falls back to around 2985 in the US market.
Today's gold short-term operation ideas suggest that callbacks should be the main focus, and rebound shorts should be supplemented. The upper short-term focus is on the 3010-3012 first-line resistance, and the lower short-term focus is on the 2978-2980 first-line support.
Short position strategy:
Strategy 1: Short 20% of the gold position in batches when it rebounds to around 3001-3004, stop loss 8 points, target around 2990-2985, and look at the 2980 line if it breaks;
Long position strategy:
Strategy 2: Long 20% of the gold position in batches when it pulls back to around 2980-2983, stop loss 8 points, target around 2995-3000, and look at the 3005 line if it breaks;
XAUUSD:Continue to shortDespite the recurrence of geopolitical conflicts, which may lead to a possible breakthrough in the gold price again, my long - term short - selling strategy for gold remains unchanged. Currently, the key is to rationally plan the account funds and wait for the market to stabilize to reap substantial profits.
xauusd sell@2990-3000-3010
tp:2970-2960-2940
Currently, my account balance has grown from an initial $40,000 to $600,000 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: Is Now a Good Time to Buy or Sell?XAUUSD: How to trade? Short or long. If you don't know. You can take a look at Jack's ideas.
After last week's epic impact, XAUUSD reached a high of 3004. After a slight adjustment last Friday, it fell to a low of 2978.
Latest news: Houthi armed forces have escalated risks. For air strikes, Houthi armed forces will continue to resist to the end.
On Tuesday, US President Trump will have a phone call with Russian President Putin. The specific content of the negotiation includes land and tax issues. If this is the last discussion before the ceasefire, then XAUSUD will weaken significantly after the ceasefire. Because this is the biggest hot topic in the market at present, when risk aversion declines, then XAUUSD's decline will definitely be significant. It is expected to reach at least below 2950. Of course, the content of the call is unpredictable, so if the negotiation is still fruitless, the conflict will escalate again.
The XAUUSD dynamics from the Asian market to the London market on Monday were very stable. Maintaining a narrow high movement. Close to the start of the New York market, the market is active, and the current price is "2996 US dollars/ounce."
As the short-term trading direction of XAUUSD, I still think it is reasonable to buy at a low level. At the same time, keep selling at a high position to get a small spread. "The sell order needs to be closed near 2980-2983". Because the market news has not completely locked the bearish trend. So pay attention to the trading risks when trading.
If the test position of 2993 does not break down, then continue to hold the long order.
XAUUSD Analysis todayHello 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.
The 3000 mark falls back, continue short-term operationsAfter gold tested the 3000 mark again, it fell back and is currently hovering around 2990. It failed to test 3000 again in the short term. This position is obviously suppressed in the short term. The second upward test quickly fell back. The gold price may fall further. The idea is to follow the trend and short-sell. Pay attention to the short position near 2990, and the target area is 2980-2970. If it falls below 2980, you can directly look at the position of 2955-2940.
You can read bottom signals, interpret daily market trends, share real-time strategies, and no longer blindly follow the trend.
XAUUSD Today's Strategy AnalysisLast Friday, after consolidating around the 2980 level, bullish momentum finally broke higher, driving prices to accelerate during European trading hours. Gold pierced the psychological 3000 resistance level but was rejected and pulled back into a choppy consolidation phase. The session closed near 2985 with a doji candlestick, maintaining the strong bullish trend with unidirectional momentum.
From a 4-hour technical perspective, today's downside support levels are focused on the vicinity of 2975-80. Particular attention should be paid to the critical bull-bear dividing line support at 2960-2963. Intraday pullbacks should maintain a bullish bias initially while holding above the 2975-80 support zone. Upside targets remain focused on breaking above recent highs.
Gold trading strategy:
sell @:3000-3005
buy @:2975-2980 , 2960-2963
If you are currently not satisfied with your gold trading performance, and if you also need to obtain accurate trading signals every day, you can check the information in my profile. I hope it can be of some help to you.
XAUUSD Start to Short?The gold price briefly pierced the $3,000 per ounce threshold again today.
From a 4-hour technical perspective, today's downside support levels remain focused on the vicinity of 2975-2980.
The current day's orders are already in profit.
Gold trading strategy:
sell @:3000-3005
buy @:2975-2980 , 2960-2963
If you are currently not satisfied with your gold trading performance and need daily accurate trading signals, you can visit my profile for free strategy updates every day.
gold on bearish#XAUUSD price have reached back 3000 which is making multiple corrections there.
Now we await for any possible breakout above 3010 for bearish retracment. Sell limit 3010, take profit 2930, Stop loss 3025.
Below 2993 on H1 closure price holds strong bearish there also, or double breakout to occur.
Gold’s Big Moment: $3,000 in Play – Can Bulls Hold It?Gold has finally reached the psychological $3,000 level, triggering the first round of sell-offs as traders take profit. The question now is whether this move can sustain itself or if we are set for a deeper pullback. Given the rapid move up, I remain cautious, ready to cut the trade quickly if I see signs of weakness in the continuation.
Fundamentals:
• Market Sentiment: Bullish drivers remain strong as gold benefits from rising inflation expectations and the Fed’s rate pause, which has fueled demand for safe-haven assets.
• Geopolitical & Economic Factors:
• President Trump’s aggressive tariff agenda is fanning concerns about global trade, increasing risk aversion and driving flows into bullion-backed assets.
• Chinese jewelry stocks are soaring, signaling growing demand for gold in the region.
• The CME FedWatch Tool indicates a 97% probability that the Fed will hold rates steady at its next meeting, reinforcing gold’s appeal.
• Technical Considerations:
• Gold hit a fresh all-time high of $2,993, putting the psychological $3,000 mark in focus.
• Above $3,000, there is little historical price action to guide resistance levels, making price discovery uncertain.
• On the downside, $2,970 acts as a key pivot, with $2,951 and $2,914 serving as strong support zones if a deeper retracement occurs.
Risk Management:
• The first sell-off at $3,000 indicates short-term profit-taking.
• I am monitoring price action closely and will exit quickly if the move proves unsustainable.
Let’s see if gold can hold above $3,000 or if we are in for a correction!
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
Gold fluctuates at high levels, bulls are still the main trendGold's 1-hour moving average continues to cross upward and diverge. There is no sign of turning around at present, indicating that the strength of gold bulls is still there. The gold moving average support has moved up to around 2978. Gold fell back to 2982 in the early trading and continued to rise. So gold bulls continue to buy on dips at 2982 in the afternoon. The current price of gold at 2983 can be increased first. Gold bulls are strong as rainbows, and gold has basically not fallen back. So gold is now in the stage of accumulating momentum for bulls, and it has the momentum to go to a higher level. Can gold continue to set new highs?
Today's gold short-term operation ideas suggest that callbacks should be the main focus, and rebound shorts should be supplemented. The upper short-term focus is on the 3010-3012 first-line resistance, and the lower short-term focus is on the 2978-2980 first-line support.
Short order strategy:
Strategy 1: Short 20% of the gold position in batches when it rebounds to around 3010-3012, stop loss 8 points, target around 2990-2985, and look at the 2980 line if it breaks;
Long order strategy:
Strategy 2: Long 20% of the gold position in batches when it pulls back to around 2980-2983, stop loss 8 points, target around 2995-3005, and look at the 3015 line if it breaks;
Gold operation strategy: staying long is still the general trendFrom the 4-hour analysis, today's lower support is around 2975-80, with a focus on the 2956-60 line of support, which is the long-short watershed. Intraday pullbacks will continue to rely on the 2975-80 line to remain bullish, and the upper target is still to focus on breaking highs. Before the daily level falls below the lower support, the main bullish rhythm will remain unchanged, and short orders against the trend should be cautious.
Gold operation strategy:
Gold has stepped back to the 2978-82 line for more, and has stepped back to the 2956-60 line to cover more positions. The stop loss is 2949, and the target is the 3000-3005 line. If the position is broken, continue to hold;
The gold high top signal appears, deep correction!It can be found that 3004 is just the top position of the 4-hour chart. After failing to break through the range last Friday, a retracement signal has also appeared. The current lower range support of the 4-hour chart is 2955-50. And 2955-50 happens to be the previous high point. Therefore, this position may be the dividing point between long and short positions of gold this week.
Secondly, from the hourly chart:
It can be seen that the current hourly chart of gold shows signs of a head and shoulders top. Once gold falls below 2980 today, it is very likely to develop towards the lower 2955-2940. 2955-50 happens to be the 618 position of this trend. The lower 50% is around 2940, which may also be the extreme retracement position of gold. Therefore, I do not recommend that you continue to chase more, but consider entering the market to short near 2990. If it falls below 2980, you can directly look at the position of 2955-2940.
You can read bottom signals, interpret daily market trends, share real-time strategies, and no longer blindly follow the trend.