Gold Outlook – Steady Range Before Key Data Hits🟡 Market Context:
Gold has been trading in a steady range since the start of the week, with no significant breakout or momentum shift observed.
Today’s session is expected to remain quiet, as there are no major economic events scheduled.
All eyes are on the Thursday GDP release and Friday’s PCE inflation data from the US — both of which are likely to determine the direction for gold into the end of the month and quarter.
📆 Key Data to Watch:
Thursday: US Quarterly GDP
Friday: US PCE Price Index (Federal Reserve’s preferred inflation gauge)
These events are considered high-impact catalysts that may trigger sharp moves in gold, especially if surprises occur.
🔍 Technical Structure:
Price continues to respect key support and resistance zones identified earlier this week.
There is no confirmed breakout yet, so the strategy remains range-based:
➡️ Trade the levels. Watch for reaction signals at extremes.
➡️ Wait for clearer momentum following the macro releases.
🧭 Key Price Levels:
🔺 Resistance: 3,010 – 3,036 – 3,046 – 3,057
🔻 Support: 3,010 – 3,001 – 2,988
🎯 Trade Plan – 26/03
BUY ZONE: 2988 – 2986
SL: 2982
TP: 2992 – 2996 – 3000 – 3004 – 3008 – 3015
SELL ZONE: 3045 – 3047
SL: 3051
TP: 3042 – 3038 – 3034 – 3030 – 3026 – 3020
🧠 Final Notes:
The market remains in accumulation mode ahead of key US data.
No need to rush — protect your capital, wait for clean setups, and let the market reveal its hand.
— AD | Money Market Flow
