Gold Sell Off (1H UPDATE)As you’ve seen from the video analysis, Gold is currently creating a ‘Complex Triangle Correction’ made up of 5 Sub-Waves.
Potential Sell Zones:
⭕️Wave C High
⭕️Wave E High
XAUUSDG trade ideas
CHANCES OF GOLD BOUNCE UPWARD ON THIS ZONESaw a buy opportunity on this zone because of the zone was respected so many times. Chance of market goes against our set-up are there.
XAUUSDUpdate on Gold
Daily still on a consolidation, the price is getting ready to start a downtrend, but it will take a while.
Gold breaks through the range and starts to adjust!Today, in the short term, the primary concern is the resistance that gold prices face at the moving average. Currently, MA10 is near 2898, and MA5 is near 2904. During the day, the first concern for gold prices is the resistance in the 2898-2900 area. This area is the low point of the previous volatile market. After yesterday's break, we need to pay attention to the resistance formed by the top and bottom conversion. Secondly, pay attention to the resistance level near 2915. This position is both the starting point of yesterday's European session decline and the starting point of the decline after the rebound. Below, pay attention to the support strength near yesterday's low point of 2880.
Today's gold short-term operation ideas suggest that the rebound is mainly short, and the callback is supplemented by long. The top short-term focus is on the 2898-2902 first-line resistance, and the bottom short-term focus is on the 2880-2864 first-line support.
Short order strategy:
Strategy 1: Short 20% of the gold position in batches when it rebounds to around 2898-2900, stop loss 8 points, target around 2885-2875, break to 2865;
Long order strategy:
Strategy 2: Long 20% of the gold position in batches when it pulls back to around 2865-2868, stop loss 8 points, target around 2875-2885, break to 2890;
GOLD| Decline From Consolidation ZoneGold prices are currently trading within a consolidation range on the 4-hour chart, fluctuating between support at approximately $2,893 and resistance around $2,923. This range-bound movement indicates that traders are awaiting a decisive breakout to establish the next significant price direction.
We anticipate that the price will rise to test the 2,923 level or move higher toward 2,935 before reversing downward. From there, the price is expected to decline, breaking below the 2,893 support level and potentially extending the drop toward 2,858.
Bearish target: 2893, 2879, 2858
Bullish target: 2923, 2935, 2954
Gold Hitting Fresh All-Time Highs Amid Tariff UncertaintyVersus the US dollar, spot gold (XAU/USD) rallied strongly in the early hours of the US session and is now up 1.5% on the day. Currently trading at US$2,977 and refreshing record highs, the precious metal is on the cusp of bumping heads with the widely watched US$3,000 level.
Gold’s Uptrend Remains Intact
Although Gold’s multi-year uptrend is not ensured to continue, from a technical perspective, the trend remains unbroken until demonstrated otherwise. And, right now, buyers are certainly in the driving seat. Some analysts use moving averages to indicate a trend change, while others use technical indicators; I prefer good old-fashioned price action to help validate a trend reversal, and I have seen limited evidence thus far.
Bulls Targeting US$3,000?
The daily chart shows that price action is fast approaching the US$3,000 barrier, with a 1.272% Fibonacci projection ratio circling just above at US$3,002. While this Fibonacci projection ratio is essentially an ‘alternate’ AB=CD bearish structure, I tend only to consider these patterns in downtrends, employing them to help confirm and fade a pullback. However, that is not to say that they cannot be used as profit objectives/potential resistance levels in uptrends. Consequently, given possible negative divergence from the Relative Strength Index, the US$3,000 area could prompt profit-taking.
With the above in mind, until the yellow metal reaches US$3,000, this could open the door to short-term bullish scenarios. The H1 decision point area at US$2,966-US$2,971 is a zone I will watch closely for bulls to make a show from in the event price tests this space. Interestingly, this base is accompanied by a H1 channel resistance-turned potential resistance, extended from the high of US$2,922.
Written by FP Markets Market Analyst Aaron Hill
Gold may Retest its All Time High once again.Hello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GOLD| Range, Uptrend, CPI Data, Ceasefire deal, Tariff policiesThings just got messier. As of today, the U.S. slapped a 25% tariff on all steel and aluminum imports, hitting Canada, Mexico, South Korea, and others. This means higher costs, more inflation, and growing tensions.
On top of that, Gold held steady on Wednesday ahead of a key U.S. inflation data that could help gauge the Federal Reserve’s interest rate path amid trade tensions and economic slowdown fears, while attention was also on a potential ceasefire deal in Ukraine.
The price has reached 2923, a significant level expected to initiate an upward breakout from the consolidation zone. This level holds technical importance as it serves as a pivotal point where market dynamics shift in favor of buyers. A short-term correction is anticipated at this stage, as buyers seek liquidity to strengthen their positions before pushing the price higher. If buyers successfully absorb the selling pressure, the price is likely to gain momentum and advance toward the final resistance zone, confirming the breakout and reinforcing the bullish trend.
Bearish target: 2903, 2893, 2880.
Bullish target: 2914, 2925, 2936
.
Go short first and then go longAnalysis of the latest trend of gold market:
Analysis of gold news: On Tuesday (March 11), spot gold rebounded slightly in the European session and is currently trading around $2909.09/oz. Overnight, the price of gold fell by 0.79%, falling below the $2900 mark. During the session, it once refreshed a low of nearly a week to $2880.19/oz. Zelensky visited Saudi Arabia, and the United States was optimistic about the talks between U.S. and Ukrainian officials. The market's concerns about the geopolitical situation have cooled down; in addition, the market value of the U.S. stock market evaporated by $4 trillion, increasing investors' demand for holding currency, further promoting gold bulls to take profits. This trading day focuses on the vacancies of the U.S. JOLTs in January. In addition, U.S. and Ukrainian officials held talks in Saudi Arabia
Technical analysis of gold:
Gold rebounded after testing the support area near 2880 yesterday, and is currently touching around 2910. Gold looks relatively strong. However, gold has not been able to break through the 2920-2930 area for a long time recently. This area has formed an absolute suppression in the short term. In the process of testing support, gold has fallen below 2900 and even 2890 many times. It can be seen that the support below is not solid, and after repeated testing and breaking, the strength of the support below is gradually weakening.
Therefore, after gold rebounds to the 2910-2920 area, the rebound strength may weaken again, and after facing the previous short-term resistance, gold may fall again. Therefore, in short-term trading, we can still short gold in the 2910-2920 area. It is expected that gold will retest 2900-2980. If gold falls below this area during the test, it may even reach the 2870-2860 area.
You can read bottom signals, interpret daily market trends, and share real-time strategies, so you no longer blindly follow the trend.
GOLD fluctuates strongly, affected by ADP and Trump's policiesOANDA:XAUUSD Spot trading fluctuated strongly due to the impact of US jobs data and news of Trump's tariffs.
ADP's national jobs report, also known as the "small nonfarm" report, showed that private-sector job growth in the United States slowed in February, with just 77,000 jobs created, well below the expected 140,000 jobs.
"Policy uncertainty and slowing consumer spending may have contributed to a slowdown in layoffs or hiring last month."
ADP chief economist Nela Richardson said in a statement. "Our data, combined with other recent indicators, shows that employers are hesitant to hire as they assess the future economic environment."
After the ADP data was released, the US Dollar index fell sharply, and spot gold prices recovered strongly from the lowest level in Wednesday's trading session of 2,894.27 USD/ounce. As of the time this article was completed, spot gold was trading at 2,923USD/oz, an increase equivalent to 0.15% on the day.
WASHINGTON (Reuters) - U.S. President Donald Trump will waive tariffs on Mexico and Canada for one month for automakers, responding to calls from industry leaders, the White House said on Wednesday.
"We will give a one-month exemption to any imported cars that come in through USMCA," White House press secretary Karoline Leavitt said. "The tariffs will still be in effect on April 2, but at the request of the USMCA companies, the president will give them a one-month exemption so they are not financially disadvantaged."
According to Bloomberg, US President Trump is considering reducing tariffs on some agricultural products from Canada and Mexico. On Wednesday local time, US Secretary of Agriculture Brooke Rollins said "everything is on the table" and hoped the government would decide to provide relief to the agricultural sector.
Specific waivers and exceptions for the agriculture industry, which could include potash and fertilizers, have not yet been determined, Rollins said at the White House. “We believe that the President (Trump) cares very much about these communities,” Rollins said at the White House.
On the geopolitical front, aides to Ukrainian President Volodymyr Zelensky discussed steps toward peace with the U.S. national security adviser, and Ukraine and the United States agreed to meet soon. The cooling geopolitical situation in Ukraine can be seen as a pressure on gold prices in the short term.
Analysis of technical prospects for OANDA:XAUUSD
Concerns about Trump's tariffs have pushed safe-haven gold prices to an all-time high 11 times this year, peaking at $2,956 an ounce on February 24 and rising 11% this year.
On the daily chart, gold is currently trading with a newly formed price channel, and the next notable target level at $2,942 is more of an all-time high. However, in terms of momentum, it is facing some obstacles due to the 61 level of the RSI Relative Strength Index. If RSI breaks above this level, this will be a positive signal for price momentum.
Even if gold falls below the price channel, it still has a bullish outlook, the current declines should still only be seen as a short-term correction or a buying opportunity.
Some notable locations of the day will be listed as follows.
Support: 2,900 – 2,880USD
Resistance: 2,942 – 2,956USD
SELL XAUUSD PRICE 2943 - 2941⚡️
↠↠ Stoploss 2947
→Take Profit 1 2935
↨
→Take Profit 2 2929
BUY XAUUSD PRICE 2877 - 2879⚡️
↠↠ Stoploss 2873
→Take Profit 1 2885
↨
→Take Profit 2 2891
GOLD ALL TIME HIGH ANALYSIS *$2920 Support Level:*
The gold price has found support at the $2920 level, which is a crucial technical level. This level has acted as a strong support in the past, and a bounce from this level could indicate a further upward move.
*Technical Analysis:*
From a technical perspective, the $2920 level is:
- *Confluence of Support:* The $2920 level is a confluence of support, where the 50-day and 100-day simple moving averages (SMAs) intersect. This makes it a strong support level.
- *Trend Line Support:* The $2920 level is also a trend line support, where the gold price has bounced multiple times in the past.
- *Oscillator Support:* The oscillators, such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD), are also showing signs of support at this level.
*Potential Upward Move:*
If the gold price bounces from the $2920 support level, it could indicate a further upward move. The potential targets for this move could be:
- *$3000 Level:* The $3000 level is a strong resistance level, and a break above this level could indicate a bullish reversal.
- *$3050 Level:* The $3050 level is another strong resistance level, and a break above this level could indicate a further upward move.
- *Higher Highs:* If the gold price breaks above the $3050 level, it could indicate a trend reversal, and the price could make higher highs.
Remember us in best wishes 👍
Gold market strategy todayFrom the 4-hour gold trend analysis, we focus on the 2870-2875 support line on the bottom and the 2903-08 short-term suppression line on the top. In terms of operation, we can do some shock operations around this range, and once a breakthrough occurs, we will be able to continue to follow up in the later stage. In the middle position, we should watch more and do less, chase orders cautiously, and wait patiently for key points to enter the market.
Gold operation strategy:
1. Short gold at 2903-08 when it rebounds, stop loss at 2916, target at 2870-75;
2. Long gold at 2870-75 when it falls back, stop loss at 2862, target at 2900-03,
Lingrid | GOLD Weekly Technical AnalysisOANDA:XAUUSD market closed February with a significant pullback, creating a wick on the monthly timeframe that retraced over 50% of the recent bullish gains. On the weekly chart, price broke and closed below the lows of the previous two weeks, signaling bearish momentum after an impressive run of eight consecutive bullish weeks. This pattern suggests we may be entering a correction phase with potential for prices to test and possibly break below February's low.
A critical development is the breakout of the upward trendline that had provided support for the past two months. Additionally, the market has dropped below the psychologically important 2900 level. Daily timeframe analysis shows that bearish moves are demonstrating greater strength compared to bullish rebounds.
The current price action might form an ABC correction pattern from resistance, with the A leg already in place. Should the market reject the resistance zone above Friday's high, we could see continued downward pressure and lower prices in the near term.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | GOLD climbs Above 2900 Mark. Potential LongOANDA:XAUUSD market has broken above the key level of 2900 and is heading toward higher highs. Looking back, we can see that it previously consolidated around this level, suggesting that the price may move sideways in this zone, forming a range. It appears that the price is positioned to retest the area above the double top and potentially previous month high. I think the price may revisit the resistance zone of 2940-2950. I expect it to break through the upper boundary of the channel and retest the middle of the consolidation zone. My goal is resistance zone around 2942
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Hanzo l Gold Structure Shatters - Key Break Confirms the Path🆚 Gold – The Way of the Silent Blade
⭐️ We do not predict—we calculate.
We do not react—we execute.
Patience is our shield. Precision is our sword.
🩸 market is a battlefield where hesitation means death. The untrained fall into traps, chasing shadows, believing in illusions. But we are not the crowd. We follow no signal but the one left behind by Smart Money. Their footprints are our way forward.
🩸 Bullish Structure Shatters -
Key Break Confirms the Path – 2923 Zone
reasons
Liquidity Swwep
liquidity / choch
key level / multi retest before
weekly / monthly zone
🩸 Bearish Structure Shatters
Key Break Confirms the Path – 2913 Zone
our reversal always at key level
even a reversal area is well studded
🔻 This is the threshold where the tides shift. If price pierces this level with authority, it is no accident—it is designed. The liquidity pool above has been set, and the institutions will claim their prize. Volume must confirm the strike. A clean break, a strong push, and the path is set.
Watch the volume. Watch the momentum. Strike without doubt
Unemployment Rate/Non-Farm Payrolls + FedSpeach / MakeMoneyLong, I have distributed my risk among these trades with proper risk management.
Use proper risk management
Looks like good trade.
Lets monitor.
Use proper risk management.
Disclaimer: only idea, not advice
GOLD → Consolidation v. 2921. Ready for a breakthroughFX:XAUUSD continues to strengthen on the background of growing economic risks and also on the background of aggressive fall of dollar. The metal is at resistance at 2921 and is preparing to go even higher....
The dollar breaks the bullish structure on the background of comments of the U.S. Ministry of Finance on the reduction of rates. The verbal intervention as manipulation is affecting the markets quite aggressively. Further decline in gold is unlikely due to trade war risks and expectations of soft Fed policy.Additional impetus to gold may be given by weak ADP employment data and PMI data
Gold has two important liquidity zones. 2913 and 2903, the closest area has already been tested (liquidity zone reached) and now all eyes are on 2920.7. If it holds, gold will return to 2913-2903 support, if resistance is broken, momentum will be formed.
Resistance levels: 2920.66, 2942, 2954
Support levels: 2913, 2903, (0.5) fibo)
Gold is testing 2913.34 at the moment, a rebound is forming due to the liquidity collected. In the short term, the focus is on 2920.7. Breaking the level and fixing the price above the trigger will most likely provoke the continuation of growth to 2942-2954
Regards R. Linda!
Gold forecast - long term Weekly - XAU/USD (Gold vs. US Dollar)
As shown, note the following:-
1. Price Action and Candlestick Patterns:
• The price has been in a strong upward trend but is showing signs of a pullback near a key resistance level.
• Consecutive red candles indicate a potential start of a price correction.
• The price is approaching a key resistance at 2989.813, with initial support at 2790.100 and stronger support at 2583.900.
2. Harmonic Pattern (Butterfly):
• A reversal harmonic pattern is visible on the chart, signaling a potential downward correction after a strong bullish move.
• The completion of this pattern increases the likelihood of a pullback toward the support levels mentioned.
3. Volume Indicator:
• There’s a noticeable decrease in trading volume despite the continued upward movement, reflecting weakening bullish momentum.
• A negative divergence between price and volume suggests a potential upcoming correction.
4. Relative Strength Index (RSI):
• The RSI reached overbought levels (above 70) and has started to decline, indicating possible profit-taking and a correction phase.
• A negative divergence between the price and the RSI supports the probability of a downward move.
As Future Outlook:
🔴 Bearish Scenario (Most Likely):
• A break below 2790.100 could open the way for a drop toward 2726.300 and then to 2583.900.
• Monitoring volume and RSI behavior is crucial to confirm continued downside movement.
🟢 Bullish Scenario (In Case of Breakout):
• A bullish Harami candle is clearly shown as breakout and weekly close above 2989.813 could push the price higher toward the 3100.000 level.
Gold's Resistance Battle: Breakout or Reversal?Gold ( OANDA:XAUUSD ) is moving near the Resistance zone($2,896-$2,878) .
According to the theory of Elliott waves , Gold seems to have succeeded in completing microwave 5 .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks .
I expect Gold to go down at least pivot points after breaking the Uptrend line , and in the next stage , the Support zone($2,845-$2,830) can be the next target .
Note: If Gold can go over the Resistance zone($2,896-$2,878), we can expect more pumps.
Gold Analyze ( XAUUSD ), 15-minute time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
THE KOG PERORT - UPDATEO Description
Resistance Zones (Red Boxes):
Several red box resistance areas are marked, indicating price levels where selling pressure has historically emerged.
The most active resistance is around $2,927 - $2,932.
The price is currently testing a lower resistance zone around $2,914 - $2,918.
Support Zones (Red Box Support):
There is a strong support level around $2,902.
The price has bounced multiple times from lower supports, showing buying strength.
Price Action & Projection:
The price is fluctuating within the $2,910 - $2,918 range.
A bullish bounce is anticipated if price respects the $2,910 support, leading to another test of the $2,918 resistance.
A breakdown below $2,910 could push price towards the next support near $2,902.
Possible Trading Scenarios:
📈 Bullish Scenario:
If price holds above $2,910, a push toward $2,918 and possibly $2,927 is likely.
Breakout above $2,927 could open doors for $2,932+.
📉 Bearish Scenario:
If price fails to hold $2,910, a drop to $2,902 support could occur.
A breakdown below $2,902 may trigger further downside momentum.
This analysis suggests traders should watch key resistance at $2,918 and support at $2,910 for potential breakouts or reversals. 🚀📉
Gold is facing resistance to rise, and a fall is imminentGold CPI is bullish, but gold still has not broken through. This shows that the resistance of gold at high levels is still not to be underestimated. So gold will continue to fluctuate within the range, and high levels will continue to be short. Gold is currently priced at 2925-2935 and is directly shorted! The target area is 2915-2905.
Gold fluctuates in 1 hour, and there is not much to say. Gold is directly shorted. Gold still cannot break through upwards under so many bullish supports. The result is that gold bulls will lack confidence, giving gold bears an opportunity to take advantage.
You can read bottom signals, interpret daily market trends, and share real-time strategies, so you no longer blindly follow the trend.
Gold (XAUUSD) – CPI Data Driven Breakout Setup | Target: 2960Technical & Fundamental Analysis
Gold (XAUUSD) is showing signs of a potential breakout ahead of key CPI (Consumer Price Index) data. On the 1-hour timeframe, price is consolidating near a breakout zone with bullish momentum building. A significant move is expected depending on inflation data results.
Technical Analysis:
1. Ichimoku Cloud & Structure:
Price is hovering just above the Ichimoku cloud, indicating bullish sentiment if it holds and breaks upward.
A tight consolidation zone suggests that a breakout is imminent, supported by low volatility and coiled price action.
2. Support & Resistance :
Buy Entry: Around 2,914-2,915, the breakout zone above minor resistance.
Resistance/Target: 2,960 is the next key level, marked by previous highs and potential reaction zone.
Support: Strong demand zone around 2,893, acting as a stop-loss reference level.
3. Chart Pattern:
Forming a bullish flag or accumulation zone before the potential breakout.
Price action indicates a likely surge if CPI data supports inflationary pressure.
Fundamental Analysis:
CPI Report (Inflation Data):
The upcoming CPI release is expected to bring volatility. A higher-than-expected CPI could push gold higher as investors hedge against inflation.
Conversely, a cooler CPI could limit upside, so risk management is key.
Market Sentiment:
Geopolitical uncertainty and mixed signals from the Fed are keeping gold in focus.
Investors are watching for clues on rate cuts, which would be bullish for go
Trade Plan:
Entry: Above 2,914.70 (confirmed breakout)
Stop Loss: Below 2,893
Target: 2,960
Risk Management: Wait for CPI data confirmation before aggressive entry.
Conclusion:
Gold is coiling up for a potential breakout supported by technical structure and a major upcoming CPI report. A bullish CPI surprise could trigger a rally toward 2960. Patience and risk control are crucial around news events.
Stay Sharp & Trade Smart!
Gold trading strategy today - sideways🔔🔔🔔 Gold News:
👉Gold is back on the rise due to a severe weakening of the US dollar. The precious metal has regained above $2,900 after suffering heavy losses in late February.
👉Inflation data from the US and political headlines could continue to boost gold prices in the near term. The short-term picture shows buyers struggling to maintain control. The bullish trend remains intact but the uptrend is still lacking momentum.
Personal opinion:
👉There is no news today that will have a strong impact on the gold market, so it will be sideways.
👉Rely on techniques to get the best entry point at the best price
Technical analysis:
👉Rely on important resistance - support levels and Fibonacci combined with EMA to come up with a suitable strategy
Support level : 2.909 2.900 2.893
Resistance level : 2.930 2.941 2.956
Plan:
🔆 Price Zone Setup:
👉Buy Gold 2.909 – 2.907 (Scalping)
❌SL: 2.904 | ✅TP: 2.914 – 2.920 – 2.928
👉Buy Gold 2.894 – 2.892
❌SL: 2.887 | ✅TP: 2,899 – 2,905 – 2,910
👉Sell Gold 2.928 – 2.930
❌SL: 2.935 | ✅TP: 2.924 – 2.918 – 2.913
FM wishes you a successful trading day 💰💰💰
