Get started

Commodities

Gold Sideways consolidation blow ATH Trend Analysis: Gold price action exhibits a bullish sentiment, underpinned by the prevailing uptrend. The recent intraday movement appears to be a corrective sideways consolidation, suggesting that the bullish momentum remains intact despite short-term profit-taking and consolidation. Key Level (3000): The critical trading level to watch is 3000, which marks the previous consolidation price range. A corrective pullback toward this level, followed by a bullish bounce, would reaffirm the strength of the uptrend and could trigger further buying interest. Resistance Levels: If the bullish sentiment prevails and the price bounces back from the 3000 level, the upside targets include: 3050 - Immediate resistance level. 3082 - Secondary resistance level. 3100 - Long-term bullish target. Bearish Scenario: Conversely, a confirmed loss of the 3000 support level, accompanied by a daily close below it, would negate the bullish outlook. This breakdown could pave the way for a deeper retracement, targeting: 2957 - Initial downside support. 2909 - Major support zone. Conclusion: The Gold market remains bullish amid the prevailing uptrend, with the 3000 level acting as a critical support. A successful bounce from this level would likely see the continuation of the upward movement toward 3050, 3082, and 3100. However, a confirmed break below 3000 could trigger a deeper correction, opening the way for a retest of 2957 and 2909 support levels. Traders should closely monitor price action around the 3000 mark to gauge the next directional move. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:XAUUSD
by TradeNation
SPY/QQQ Plan Your Trade for 3-21-25 : BreakAway PatternToday's Breakaway pattern may show up in the form of an Island Top or break-away to the upside if my analysis is correct. I see the markets stalling over the past few days, potentially setting up a "last breakaway" type of pattern today. I've highlighted how these "last" patterns work where price sets up a peak or trough (in this case a peak) as a last/exhaustion move and how this move can sometimes be very aggressive. I urge traders to stay cautious today as we are moving into a MAJOR REVERSAL weekend. I believe the markets will suddenly change direction next week (early) and will move back into downward trending by March 25-26. Gold and Silver may rally today if the markets move into that Exhaustion Peak pattern. Keep an eye out for Gold/Silver/Bitcoin to potentially rally today and into early next week. Overall, traders should stay very cautious as we move into next week's peak/top/rollover. Don't get too aggressive trying to prepare for the rollover or any potential upside move over the next 3-5+ days. Let the markets show us what and when we need to be aggressive. Get Some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
AMEX:SPYLong
by BradMatheny
1
USOIL Strategy AnalysisInternational crude oil markets extended their rebound on Friday, with Brent crude futures breaching $72/bbl and WTI crude rallying above $68/bbl. Weekly closing could mark the second consecutive weekly gain. Short-term oil prices remain resilient supported by news-driven factors, but the fundamental supply-demand imbalance remains unresolved over the long term. Recommend focusing on technical analysis, participating in range-bound trading with light positions, maintaining strict stop-loss discipline, and avoiding chasing momentum. Consider initiating light long positions near $66.10-$66.80 with a target of $68.40-$69.00. Oil trading strategy： buy @ 66.1-66.8 tp 68.4.0-69.0 If you are currently unsatisfied with your crude oil trading performance and need daily accurate trading signals, you can visit my profile for free strategy updates every day.
TVC:USOILLong
by George_Lester
Silver Steadies Near $33.20 After PullbackSilver hovered near $33.20 on Friday morning after two consecutive sessions of decline. The recent upward momentum, initially fueled by China’s stimulus measures, has temporarily stalled. Nevertheless, the potential for further gains remains intact amid persistent uncertainty surrounding former President Trump’s tariff policies and escalating geopolitical risks. In addition, the Federal Reserve’s soft approach to interest rates, even if temporary, continues to support interest in non-yielding assets like silver. If silver breaks above $33.75, the next resistance levels are $34.05 and $34.85. On the downside, support is at $33.10, with further levels at $32.50 and $32.15 if selling pressure increases. 
FOREXCOM:XAGUSD
by ChartMage
Gold Nears $3,030 on Fed Cut HopesGold hovered near $3,030 on Friday, close to record highs and heading for a third straight weekly gain. The rally is driven by dovish Fed signals and strong safe-haven demand. The Fed reaffirmed plans for two rate cuts in 2025 amid rising economic uncertainty, while Powell downplayed Trump’s proposed tariffs as temporarily inflationary but saw no urgency to cut rates. Geopolitical tensions also supported gold, with Israel escalating operations in Gaza, Hamas striking Tel Aviv and the U.S. continuing airstrikes in Yemen. Markets are also watching the April 2 deadline for Trump’s reciprocal tariffs, fueling trade concerns. Gold is up over 15% year-to-date. Key resistance stands at $3082, with further levels at $3100 and $3,150. Support is at $3000, followed by $2,980 and $2,916.   
EIGHTCAP:XAUUSD
by ChartMage
GOLD Will Go Lower From Resistance! Sell! Take a look at our analysis for GOLD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 3,028.74. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 2,994.67 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
TRADENATION:XAUUSDShort
by SignalProvider
2
Hellena | GOLD (4H): LONG to resistance area 3100.Wave “3” is still continuing its progression. This means that the five-wave impulse is not over yet and we expect the upward movement to continue. Of course I would like to see wave “4” as a corrective wave in the area of 3024 level, then I expect an upward movement to the area of 3100 level. This level is also considered to be quite strong, from which there could be a correction. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
OANDA:XAUUSDLong
by Hellena_Trade
17
PLATINUM Approaching Key Resistance – Potential Reversal?OANDA:XPTUSD is approaching a significant resistance zone, marked by previous price rejections and strong selling pressure. This level has historically acted as a key supply zone, making it a critical area to watch for potential bearish reactions. The recent bullish momentum has brought price back into this resistance, increasing the likelihood of a pullback if sellers regain control. If rejection is confirmed within this zone, we could see a move lower toward the $1,005 level, aligning with a corrective move after the recent rally. However, a strong breakout above this resistance would invalidate the bearish bias and could lead to further upside. Traders should watch for bearish confirmation signals, such as rejection wicks, a bearish engulfing pattern, or increasing selling volume, before considering short positions. Let me know your thoughts or any additional insights you might have!
OANDA:XPTUSDShort
by DanieIM
28
OIL Today's strategyCurrently, crude oil prices are fluctuating near the resistance level. Recently, the increase in US crude oil inventories has affected the supply dynamics and exerted certain pressure on oil prices. However, overall, the geopolitical tensions and supply risks have a relatively significant supporting effect on oil prices at present. OIL Today's strategy sell@68.5-68.8 buy:67.2-67.6 There are risks in trading. If you are not sure about the timing, it is best to leave me a message. This will better confirm the timing of the transaction, It can also better expand profits and reduce losses
TVC:USOIL
by HenryClarke
2
Gold (XAU/USD) - Head & Shoulders Breakdown & Bearish MoveOverview of the Chart & Market Context The 1-hour chart of Gold (XAU/USD) reveals a classic Head and Shoulders (H&S) pattern, a well-known bearish reversal formation. This pattern suggests that the recent uptrend has lost momentum, and a potential downside move could be in progress. Currently, the price is testing the neckline, which serves as a key support level. If a decisive breakdown occurs, it could confirm further bearish momentum, leading to a sharp decline toward the projected target price of $2,995. Key Technical Analysis & Levels 🔹 Resistance Level & Reversal Zone (~$3,055–$3,060) The price attempted to break this resistance but faced strong rejection, forming the head of the pattern. The area was tested multiple times, confirming that sellers are in control. This level acts as a supply zone, preventing the price from moving higher. 🔹 Support Level (Neckline of H&S Pattern at ~$3,025–$3,030) This level represents the critical neckline, which has been tested multiple times. If price breaks and sustains below this support, the H&S pattern will be validated, signaling a deeper drop. A successful retest of the neckline as resistance could provide an optimal shorting opportunity. 🔹 Projected Target Price (~$2,995) The expected downside move is calculated using the measured move technique, measuring the distance from the head to the neckline. This target aligns with previous structure support, increasing its significance. Detailed Breakdown of the Head & Shoulders Pattern 📍 Left Shoulder Formation The market experienced an initial bullish push, reaching a local high, but sellers entered and pushed prices down. This formed the first lower high, hinting at potential weakness in the bullish trend. 📍 Head Formation After retracing from the left shoulder, buyers made another attempt to push prices higher. The price formed a new peak, but it was unable to sustain the breakout above the resistance level (~$3,055–$3,060). A sharp sell-off followed, reinforcing that sellers are dominant at higher levels. 📍 Right Shoulder Formation The price attempted another rally but failed to break the left shoulder’s high, creating the right shoulder. This failure confirmed a gradual loss of bullish strength. After forming the right shoulder, the price began to drop toward the neckline support. 📍 Breakout Confirmation & Bearish Price Action The price has now broken the neckline (~$3,030), indicating an early-stage breakdown of the H&S pattern. If the breakdown holds, further downside movement toward $2,995 is likely. A retest of the neckline as new resistance would be an ideal entry point for short positions. Trade Setup & Risk Management 📌 Potential Short Trade Setup: Entry: After a confirmed break and retest of the $3,030 neckline. Stop-Loss: Above the right shoulder (~$3,045–$3,050) to minimize risk. Take-Profit: Around $2,995, aligning with the measured move. 📌 Risk Factors & Market Conditions: If the price fails to hold below the neckline, it could indicate a false breakdown and a possible bullish reversal. Macroeconomic data (such as interest rates, inflation, and geopolitical tensions) may impact gold prices. Traders should watch for volume confirmation – increased selling pressure strengthens the validity of the breakdown. Final Thoughts & Market Outlook 📉 The Head and Shoulders pattern signals that gold is losing bullish momentum, with a potential drop toward $2,995. 🔍 A break and retest of the neckline as resistance would confirm further downside movement. ⚠️ However, a failed breakdown could lead to a recovery, so traders should wait for confirmation before entering trades. 💬 What do you think about this setup? Are you going short on gold? Drop your thoughts in the comments below! ⬇️
OANDA:XAUUSDShort
by GoldMasterTrades
Silver Approaching Critical 32.95 Support LevelSilver has broken below the 33.50 support and is retreating quickly. The main support lies around the 32.95 area, where both the uptrend line and the 38.2% Fibonacci retracement level converge. This zone could potentially offer a buying opportunity, provided the support holds. However, if Silver breaks below 32.95 and retests it from underneath, it could also present a selling opportunity. In both scenarios, a high risk/reward trade setup with well-placed stops may form. Caution is advised, as Silver is known for sudden price spikes, especially around key support and resistance levels.
OANDA:XAGUSD
by ftdsystem
Crude oil ------- sell around 70.00, targeCrude oil market analysis: Yesterday's crude oil daily line closed with a big positive, is it a buying opportunity? In fact, looking at the pattern, it has been hovering at this position for a long time, and the short-term is basically a snake. If the position of 70.00 is not broken, it is difficult to form a buying opportunity. The idea of ​​crude oil today is still bearish. Continue to sell on the rebound. The previous contract delivery of crude oil has not changed the trend. I think it still needs to fluctuate. Operation suggestion: Crude oil ------- sell around 70.00, target 68.00-66.00
NYMEX:CL1!Short
by BraveTigercat
XAUUSD H! | Bearish ContinuationBased on the H1 chart, the price is rising toward our sell entry level at 3035.38, a pullback resistance. Our take profit is set at 3025.09, a swing low support. The stop loss is set at 3045.33, an overlap resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at fxcm.com/au Stratos Global LLC (fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FX:XAUUSDShort
by FXCM
1
What dangers should we be wary of in the gold bull market?Market news: In the early Asian session on Friday (March 21), the London gold price fluctuated narrowly at a high level and is currently trading around $3,043/ounce. Gold prices fell after hitting a record high earlier on Thursday, but driven by the Federal Reserve's hint of a possible rate cut and continued geopolitical and economic uncertainties, international gold still maintains a bullish outlook. Spot gold hit a record high of $3,057 earlier in the session on Thursday, but later gave up gains due to profit-taking.       Global markets are increasingly concerned about the negative impact of trade frictions, including the weakness of the global economy, the possibility of rising inflation, the escalation of geopolitical tensions, and the Federal Reserve's more hawkish stance than expected. These factors continue to drive gold's bullish trend. The current market is intertwined with long and short forces, geopolitical risks and Federal Reserve policy expectations dominate sentiment, and the technical side shows a high overbought signal. Future trends need to be alert to short-term correction risks.     Since 2025, international gold prices have risen by about 16%, and have maintained a steep upward trend in the first three months of this year. The limited correction suggests that the market is preparing for a larger continuation of the upward trend, as most of the key factors that directly affect gold's performance are expected to remain favorable for the precious metal. There is no important economic data released in the United States this trading day, but the Fed's "No. 3", permanent voting member, and President of the New York Fed Williams will deliver a speech, which investors need to pay close attention to. In addition, investors need to pay attention to news related to the situation in Russia, Ukraine and the Middle East. Technical Review: Gold bottomed out and rebounded in the late trading. After the second drop to 3030, it stabilized at the 3040 mark. The closing line is not an extremely weak pattern, and the structure is still strong. The daily line closed with a negative cross line, which is still a relay pattern in the trend structure. It has not yet broken away from the strong trend bull structure. The callback low-long turns to short-term, and the high-altitude continues to pay attention to the band opportunities. From a technical perspective, especially yesterday's closing of a positive line with a lower shadow, because the short-term moving average did not show weakness after yesterday's market adjustment, but continued to extend upward, especially the 5-day moving average has formed a strong support near 3023. In addition, other periodic indicators still maintain a bullish arrangement, and the golden cross of the macd indicator shows sufficient upward potential! Therefore, on the whole, the high-level shock of the daily line does not mean that the weakness will continue, and the bullish pull-up can still be expected. In the 4-hour chart, since it stabilized above the 3000 mark, gold has maintained a bullish trend and continued to hit new highs. The short-term moving average extends to the 3040-3038 area, which means that the support is still moving up, and as other periodic indicators maintain a bullish arrangement, the Bollinger Bands continue to open upward as a whole, but the MACD indicator currently has a clear top divergence, so the 4-hour chart continues to be bullish, but we must also be wary of the risk of a pullback! Today's analysis: From the current market, as the continuous rise of gold fully demonstrates that short-term bulls are taking the initiative, this will undoubtedly increase the probability of gold prices hitting the 3070-3080 area, but as mentioned above, we also need to be prepared for a false break or a real break in the market. At the end of today's week, since the market is still in the trend bullish structure channel, coupled with yesterday's bottoming and rebounding trend, we need to pay attention to Friday's re-high action. Trading ideas: Intraday pullbacks are low-multiple layouts, and historical highs or new highs are under pressure and then empty layouts are arranged. First look at the 3030-3060 range. For intraday operations, it is recommended to focus on low-long thinking without chasing orders. For the support below, pay attention to the 3030-3032 area. As long as the price can maintain above it, the probability of seeing the 3050-3060 area during the day is very high. On the contrary, if the support is broken, it will most likely test the 3023 area. As for the resistance, pay attention to the 3060 area. It is expected that the possibility of a breakthrough today is very small. However, considering that the current support has moved up, it is recommended to participate in short orders only when the price approaches 3055 for the first time. Operation ideas: Buy short-term gold at 3030-3032, stop loss at 3021, target at 3050-3060; Sell short-term gold at 3055-3057, stop loss at 3066, target at 3020-3030; Key points: First support level: 3040, second support level: 3032, third support level: 3023 First resistance level: 3054, second resistance level: 3060, third resistance level: 3077
OANDA:XAUUSDLong
by BraveTigercat
Gold Forming Triangle Pattern in Wave IV - Potential BreakoutXAU/USD is currently displaying a textbook triangle consolidation pattern as part of what appears to be wave IV in its Elliott Wave sequence. This corrective structure is developing after a strong upward move and shows clear converging trendlines with alternating A-B-C swings. Technical Analysis: Price consolidating near $3,044 level with minor bearish bias labelled wave ((D)) A-B-C internal wave structure visible inside consolidation Potential wave ((iii)) price target at $3082.37 Triangle patterns typically represent consolidation before continuation of the primary trend. If this pattern completes as expected, we could see a final wave V impulse in the coming sessions. Watch for a breakout from this triangle formation - volume should increase to confirm the validity of the move. Target exit or adjust stops based on the direction of the breakout.
ICMARKETS:XAUUSDLong
by ElliottWaveFxMajors