Gold Spot / U.S. Dollar
Long
Updated

#XAUUSD (GOLD) SELL OR BUY ?

434
Hello Everyone, Here is My Today's #XAUUSD (GOLD) Market Analysis

Please Check & Share Your Kind Opinions in the Comments Section, Thanks.

#Today, Monday 17th March 2025

๐Ÿ“Š#Gold Current Price: $2997
๐Ÿ“Š#Pivot Point: $3005

๐Ÿ“‰Bearish Scenario : Overall, the market sentiment suggests a bearish outlook for Gold below the pivot point today. If the H4 candle closes below the pivot point ($3005) we could see a drop towards our
๐Ÿ“‰1st Target: $2985
๐Ÿ“‰2nd Target: $2970 , Further downside potential towards
๐Ÿ“‰Support Areas: $2960 / $2950, And extended
๐Ÿ“‰Target 3: $2940
๐Ÿ“‰Major Demand Zone: $2930 / $2920


๐Ÿ“ˆBullish Scenario :
If Gold manages to stay above the pivot point ($3005) and breaks the all-time high of $3004 we might see a push towards higher levels.

๐Ÿ“ˆResistance Levels:
๐Ÿ“ˆ1st Resistance: $3012
๐Ÿ“ˆ2nd Resistance: $3020
If these resistance levels break, potential buy targets are:
๐Ÿ“ˆ1) $3030
๐Ÿ“ˆ2) $3045
๐Ÿ“ˆ3) $3060

๐Ÿ“ŠKey Action: If the H4 candle closes above $3005 this could signal a buy opportunity with targets at $3012 / $3020 and potential extended targets up to $3060.

If the H4 candle closes below $3005 consider a sell position targeting $2985 $2970 and further towards the support and demand zones.

๐Ÿ“ŠKey Levels:
๐Ÿ“ŠPivot Point: $3005
๐Ÿ“‰Support Levels:
๐Ÿ“‰Target 1: $2985
๐Ÿ“‰Target 2: $2970
๐Ÿ“‰Support: $2960 / $2950
๐Ÿ“‰Demand Zone: $2930 / $2920
๐Ÿ“ˆResistance Levels:
๐Ÿ“ˆResistance 1: $3012
๐Ÿ“ˆResistance 2: $3020
๐Ÿ“ˆExtended Targets:
๐Ÿ“ˆTarget 1) $3030
๐Ÿ“ˆTarget 2) $3045
๐Ÿ“ˆTarget 3) $3060

๐Ÿ“ŠTrend Outlook:
๐Ÿ“ˆBullish Above: $3005
๐Ÿ“‰Bearish Below:$3005

If you like my analysis, donโ€™t forget to Like, Follow & Comment. Thanks ๐Ÿ™
Trade active
Hello Everyone, Here is My Updated #XAUUSD (GOLD) Market Analysis

Please Read & Share Your Opinions in the Comments. Thanks!

#Today, Tuesday 18th March 2025

๐Ÿ“ŠGold Current Price:$3031
๐Ÿ“ŠPrevious Pivot Point:$3005
๐Ÿ“ŠNew Pivot Zone: $3030
๐Ÿ“ŠPrevious High: $3038 (New All-Time High)

What Happened So Far: Gold broke above the pivot point ($3005) Hit and broke the first resistance at $3012 /$2320 (up from pivot)
Reached $3038 hitting our extended Buy target1) of $3030 (up 380 pips from $3000 entry )

Currently, itโ€™s pulling back slightly to $3031

๐Ÿ“ˆBullish Scenario (Above $3030) If Gold holds above $3030 and breaks $3038 (Today's high) we may see further upside towards
๐Ÿ“ˆ1st Target: $3045
๐Ÿ“ˆ2nd Target: $3060 Extended potential towards
๐Ÿ“ˆ3rd $3080

๐Ÿ“‰Bearish Scenario (Below $3030): If Gold fails to hold $3030 and breaks below:
๐Ÿ“‰1st Support: $3012
๐Ÿ“‰2nd Support: $3005 (260 pips) Deeper correction towards: $2985
๐Ÿ“‰ Major Demand Zone: $2970 / $2950

๐Ÿ“ŠKey Levels:
๐Ÿ“ŠPivot Zone:$3030
๐Ÿ“ˆImmediate Resistance: $3038
๐Ÿ“ˆFurther Resistance: $3045 / $3060 / $3080
๐Ÿ“‰Immediate Support: $3012 / $3005
๐Ÿ“‰Deeper Supports: $2985 / $2970 / $2950

๐Ÿ“ŠTrend Outlook:
๐Ÿ“ˆBullish Above $3030 & $3038
๐Ÿ“‰Bearish; Below $3030 & $3020

Recap of Previous Move:
Pivot Break at $3005
First Resistance Hit: $3012
Extended Target Hit: $3030
New High Made: $3038
Total Move: 330 pips from Pivot Break ($3005 to $3038)

If You Like My Analysis, Donโ€™t Forget to Like, Follow & Comment. Thanks!

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