CFDs on Gold on March 13, 2025 | 4-hour timeframe*
**Key Observations:**
1. **Price Context**: Gold is trading at **2,981.060**, up **+46.915 (+1.60%)** at the time of analysis. The chart highlights bullish momentum, with the price hovering near the annotated level of **2,981.070**.
2. **Annotations**:
- **BOS** (likely *Break of Structure*) marked twice, suggesting a significant technical breakout.
- **CHACH**: Unclear acronym—possibly a custom indicator or trader-specific strategy.
- **TARGET** and **New High**: Indicates bullish objectives, with the primary target at **3,020.000** (all-time high) and secondary levels at **3,010.301**.
3. **Support/Resistance Levels**:
- Immediate support at **2,960.000**, followed by **2,940.000** and **2,920.000**.
- Lower supports extend down to **2,840.000**, indicating a wide trading range.
4. **Timeline**: Dates (March 5–27) and numerical labels (e.g., 7, 11, 13) likely mark key events, Fibonacci retracements, or projected turning points.
**Overall Sentiment**: Bullish, driven by the upward price movement and explicit "New High" target. Traders appear focused on testing the **3,020.000** resistance, while monitoring the **2,960–2,920** zone for potential pullbacks.
**Key Observations:**
1. **Price Context**: Gold is trading at **2,981.060**, up **+46.915 (+1.60%)** at the time of analysis. The chart highlights bullish momentum, with the price hovering near the annotated level of **2,981.070**.
2. **Annotations**:
- **BOS** (likely *Break of Structure*) marked twice, suggesting a significant technical breakout.
- **CHACH**: Unclear acronym—possibly a custom indicator or trader-specific strategy.
- **TARGET** and **New High**: Indicates bullish objectives, with the primary target at **3,020.000** (all-time high) and secondary levels at **3,010.301**.
3. **Support/Resistance Levels**:
- Immediate support at **2,960.000**, followed by **2,940.000** and **2,920.000**.
- Lower supports extend down to **2,840.000**, indicating a wide trading range.
4. **Timeline**: Dates (March 5–27) and numerical labels (e.g., 7, 11, 13) likely mark key events, Fibonacci retracements, or projected turning points.
**Overall Sentiment**: Bullish, driven by the upward price movement and explicit "New High" target. Traders appear focused on testing the **3,020.000** resistance, while monitoring the **2,960–2,920** zone for potential pullbacks.
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VIP SIGNALS SERVICE 👇👇⬇️
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Recommend best broker exness Partner link 👇
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t.me/addlist/j3ts8pztHtY3NWQ0
VIP SIGNALS SERVICE 👇👇⬇️
t.me/addlist/j3ts8pztHtY3NWQ0
Recommend best broker exness Partner link 👇
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.