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GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between two weighted levels with a gap above at 2872 and a gap below at 2846. We will need to see ema5 cross and lock on either weighted level to determine the next range. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2872 EMA5 CROSS AND LOCK ABOVE 2872 WILL OPEN THE FOLLOWING BULLISH TARGET 2901 EMA5 CROSS AND LOCK ABOVE 2901 WILL OPEN THE FOLLOWING BULLISH TARGET 2921 EMA5 CROSS AND LOCK ABOVE 2921 WILL OPEN THE FOLLOWING BULLISH TARGET 2950 BEARISH TARGETS 2846 EMA5 CROSS AND LOCK BELOW 2846 WILL OPEN THE FOLLOWING BEARISH TARGET 2820 EMA5 CROSS AND LOCK BELOW 2820 WILL OPEN THE FOLLOWING BEARISH TARGET 2796 EMA5 CROSS AND LOCK BELOW 2796 WILL OPEN THE SWING RANGE SWING RANGE 2778 - 2753 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
5
GOLD DAILY CHART MID/LONG TERM UPDATEHey Everyone, This is an update on our daily chart idea that we are now tracking and playing out perfectly, as analysed. After completing our Bullish targets we stated that the channel top will act as resistance confirmed with ema5 rejection. A break of the channel top with ema5 would confirm a continuation and failure would confirm rejection. This allowed us to identify true breakouts against fake outs. We also stated that we need to keep in mind the channel half line below to establish floor to provide support for the range, should we continue to track further up. A break below the half line will open the lower part of the channel to establish floor on the channel bottom. The safest way to track this movement is by buying dips. - Once again this played out perfectly as we got the rejection on the channel top followed with the channel half line test, which gave the perfect bounce like we stated. We will now either look for a continuation from this bounce or a cross and lock below the half line for a break into the lower channel floor. This is the beauty of our Goldturn channels, which we draw in our unique way, using averages rather than price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn. We will use our smaller timeframe analysis on the 1H and 4H chart to buy dips from the weighted Goldturns for 30 to 40 pips clean. Ranging markets are perfectly suited for this type of trading, instead of trying to hold longer positions and getting chopped up in the swings up and down in the range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up using our smaller timeframe ideas. Our long term bias is Bullish and therefore we look forward to drops like this from rejections, which allows us to continue to use our smaller timeframes to buy dips using our levels and setups. Buying dips allows us to safely manage any swings rather then chasing the bull from the top. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
7
GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price play between two weighted levels with a gap above at 2889 and a gap below at 2853. We will need to see ema5 cross and lock on either weighted level to determine the next range. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2889 EMA5 CROSS AND LOCK ABOVE 2889 WILL OPEN THE FOLLOWING BULLISH TARGET 2914 EMA5 CROSS AND LOCK ABOVE 2914 WILL OPEN THE FOLLOWING BULLISH TARGET 2947 BEARISH TARGETS 2853 EMA5 CROSS AND LOCK BELOW 2853 WILL OPEN THE FOLLOWING BEARISH TARGET 2813 EMA5 CROSS AND LOCK BELOW 2813 WILL OPEN THE FOLLOWING BEARISH TARGET 2771 EMA5 CROSS AND LOCK BELOW 2771 WILL OPEN THE SWING RANGE SWING RANGE 2744 - 2712 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
4
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone, Please see update on the weekly chart idea we have been tracking for over a month now and still playing out, as analysed. On our last update after completing 2856 target, we were left with body close above 2856 leaving a gap to 2976. We stated that will need ema5 lock to further confirm this and ema5 was still yet to lock but we still got a nice push up over 700 pips. - This is still yet to lock with ema5 and this weeks weekly candle is crucial to either see a push up form here for the lock or a rejection here with ema5 for another push down and possibly use the channel top for an ascending movement up slowly over a longer term into our long trend gaps. Once again we prove the safest way to chase this Bull in this range is from dips. This is the beauty of our channels, which we draw in our unique way, using averages rather than price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
4
THE KOG REPORT THE KOG REPORT: In last week’s KOG Report we said we would be looking for price to tap into the lower red box region, give the long trade up into the red box resistance which was active and then give us the opportunity to short the market sticking to our bias and our bias target levels. Although we missed the precise entry by 30pips from the highs, we managed to get in and complete not only the bias target levels, KOG’s bias of the day target levels, Excalibur target algo levels and LiTE EA targets hitting 100% on those for the week. A fantastic week on markets on just on Gold but on the other pairs we trade and analyse as well. Well done to our traders and team. So, what can we expect in the week ahead? After the move we witnessed last week we would expect there to be some retracement on the horizon, however, it all depends on this lower level of 2850-47 holding price up in the early sessions. If we do see a clean set up here an opportunity to take that potential long into the level above 2865-70 should be available. It these level above that are concerning, they need to break above for us to confirm this as a short term low, however, unless broken 2875-80 and above that 2895-2900 should be decent target levels for the longs and also pivotal points to watch for reversal to continue the move downside. On the flip, we do have a level below sitting at 2805-10, which is also a bearish below level. If we continue this move downside from the opening, we’ll look to continue with the move downside on the daily red boxes and then look for an opportunity to take a swing long from lower down. Key levels this week: Resistance – 2890 / 2904 Support – 2850 / 2830 / 2810 Potential range – 2810 – 2880 KOG’s bias for the week: Bullish above 2847 with targets above 2865, 2871, 2876, 2880 and above that 2904 Bearish below 2847 with targets below 2840, 2835, 2830 and below that 2810 RED BOXES: Break above 2860 for 2865, 2872, 2874, 2885 and 2900 in extension of the move Break below 2847 for 2840, 2836, 2831, 2823 and 2810 in extension of the move Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
5
Gold may continue to fall inside downward wedgeHello traders, I want share with you my opinion about Gold. A short while ago, the price dropped to the support line, breaking through the resistance level that aligned with the resistance area. Following this, it rebounded and quickly climbed to the 2935 level, even entering the seller’s zone before pulling back to the support line. After that, the price made another push toward the seller’s zone but remained range-bound near the 2935 resistance level. Eventually, it reversed and began to decline, first breaking below 2935 and soon after breaching the support line as well. Gold then continued its downward movement within a falling wedge pattern. Inside this formation, the price touched the support line before rebounding to the resistance line, where it hovered for a while before eventually dropping back to the wedge’s support line, breaking the current resistance level along the way. At the moment, XAU is still moving lower, but I anticipate a temporary rise toward the resistance area before the decline resumes. Given this scenario, I have set my TP at 2830, which aligns with the wedge’s support line. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDShort
by LegionQ8
5
How to Find Best Supply and Demand Zones/Areas in Forex & Gold In this article, I will show you the strongest supply and demand zones. These zones are called confluence zones. I will teach you to identify these areas properly and explain how to apply it in Forex and Gold trading. Let's start with a short but important theory. In technical analysis, there are 2 types of supports and resistances. Horizontal structures are supports and resistance that are based on horizontal key levels. Vertical structures are supports and resistance that are based on trend lines. A confluence supply or demand zone, will be the area of the intersection between a horizontal and vertical structures. Look at GBPJPY pair. I underlined a significant horizontal support and a rising trend line - a vertical support. We see a clear crossing of both structures. The trend line and a horizontal support will compose a narrow, contracting area. It will be a confluence demand zone. Within, with a high probability, a high volume of buying orders will concentrate, and a strong bullish movement will initiate after its test. Above is one more example of a powerful demand zone. It was spotted on a Gold chart. Now let's discuss the supply zone. There are 2 strong structures on GBPNZD: a vertical resistance - a falling trend line and a horizontal resistance. These 2 resistances will constitute a confluence supply zone. That is a powerful resistance cluster that will concentrate the selling orders. Chances will be high to see a strong bearish movement from that. There is a strong supply zone on CHFJPY that is based on the intersection of a wide horizontal resistance and a falling trend line. Supply and demand zones that we discussed are very significant. Very often, strong bullish and bearish waves will initiate from these clusters. Your ability to recognize these zones will help you to make accurate predictions and identify a safe point to open a trading position from ❤️Please, support my work with like, thank you!❤️
FOREXCOM:XAUUSDEducation
by VasilyTrader
9
GOLD - Bearish Continuation Toward 2,840OANDA:XAUUSD is currently testing a key resistance zone within a well-defined descending channel, suggesting the potential for a bearish continuation. If price action confirms rejection at this level, we could see a move lower toward 2,840, which aligns with the channel’s midline. However, a breakout above this resistance could invalidate the bearish outlook and signal a shift in momentum. This setup reflects the potential for a continuation of the prevailing downtrend. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments! 📉🔥
FX:XAUUSDShort
by DanieIM
7
HelenP. I Gold will continue to decline and break support levelHi folks today I'm prepared for you Gold analytics. Looking at this chart, we can observe how the price dropped to the trend line before starting an upward movement. In a short period, Gold climbed to the support level, which coincided with the support zone, even briefly breaking through it. After a retest, the price resumed its upward trajectory. Later, Gold reached the resistance level, which aligned with the resistance zone, and even entered this area before making a corrective move. It then returned to the resistance zone, went through another correction, and quickly pushed back into the same area, breaking the resistance level in the process. Gold traded above the resistance zone for a while before reversing and starting to decline. Soon after, the price fell to the support level, breaking through the 2915 mark along with the trend line. However, not long ago, XAU changed direction and started climbing again. In my view, XAUUSD is likely to rise a bit further before resuming its downward movement. If it reaches the support level, there’s a possibility of a breakout, leading to further declines. With this in mind, my target is set at 2800 points. If you like my analytics you may support me with your like/comment ❤️
OANDA:XAUUSDShort
by FirstNameHelen
1
Bearish drop for the Gold?XAU/USD is rising towards the resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could drop from this level to our take profit. Entry: 2,882.39 Why we like it: There is an overlap resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement. Stop loss: 2,924.57 Why we like it: There is an overlap resistance level that is slightly below the 78.6% Fibonacci retracement. Take profit: 2,830.85 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
VANTAGE:XAUUSDShort
by VantageMarkets
Gold📌 **Sell:** ✔ In short-term timeframes (M1, M5, M15), both MACD and Stochastic indicate overbought conditions and a potential downward correction. ✔ The M30 timeframe is still in an uptrend, but a pullback to the downside is possible. 🎯 **Conclusion:** Success rate for selling: ✅ **70%** (more reliable than buying in the short term). 📌 **Strategy:** Short-term selling with a tight stop-loss and a corrective target towards lower support levels. 📌 **Buy:** ✔ In H1 and H4 timeframes, signs of a trend reversal are emerging, but MACD has not yet given a solid confirmation. ✔ If MACD turns bullish on H1 and Stochastic exits oversold territory, buying will be a safer option. 🎯 **Conclusion:** Success rate for buying: ✅ **55%** (higher risk, requiring more confirmation). 📌 **Strategy:** Wait for MACD confirmation on H1, then enter a buy position upon resistance breakout. 🚀 **Final Recommendation:** 🔹 Enter short-term sell positions in lower timeframes with a tight stop-loss and proper risk management. 🔹 Wait for a confirmed buy signal on H1 and H4, as MACD has not yet turned fully bullish. 🚀 **Short-term selling (scalping) is more probable**, but additional confirmation is needed for a buy position. ### **Suggested Targets Based on Timeframes & MACD + Stochastic Analysis** 🔴 📉 **Sell Targets:** Considering overbought conditions in lower timeframes and a potential downward correction, the best sell targets based on different timeframes are: ✅ 📌 **First Target:** 2850 (Short-term support in M5 & M15) ✅ 📌 **Second Target:** 2842 (Key support in M30) ✅ 📌 **Third Target:** 2830 - 2825 (Strong support in H1, aligning with the moving average) 🛑 **Stop Loss for Sell Positions:** 🔹 **2862** (Breakout of the current resistance in M15 & M30) 🔹 **2868** (If the price reaches this level, the trend may reverse) --- 🟢 📈 **Buy Targets:** A **full confirmation from MACD in H1 and H4** is required for a buy setup. However, if the price rebounds from the **2830 support zone**, the following targets are expected: ✅ 📌 **First Target:** 2865 (Initial resistance in H1) ✅ 📌 **Second Target:** 2880 - 2890 (Strong resistance zone in H4) ✅ 📌 **Third Target:** 2915 (Long-term target if resistance levels are broken) 🛑 **Stop Loss for Buy Positions:** 🔹 **2825** (If this level is broken, the downtrend is likely to continue) 🚀 **Suggested Strategy:** 📌 **Short-term sell (scalping) from 2857**, targeting **2850 and 2842**, with a **stop loss at 2862**. 📌 **Buy if confirmed at 2830 - 2825**, targeting **2865 and 2880**, with a **stop loss at 2825**. 🔍 **Important:** Before entering positions, confirm with **trading volume and candlestick patterns in higher timeframes**. 🚀
OANDA:XAUUSDShort
by trade_planning
1
XAU/USD Weekly Analysis XAU/USD Weekly Analysis with support and resistance levels tailored between $2,800 and $3,000: XAU/USD Weekly Analysis: March 3–7, 2025 🔹 Overview: Gold (XAU/USD) has entered a critical consolidation phase, trading between $2,800 and $3,000. The market remains sensitive to macroeconomic developments, including U.S. jobs data, Fed commentary, and geopolitical events. 🔹 Key Support Levels: Immediate Support: $2,835–$2,850: Critical support zone, aligned with the 38.2% Fibonacci retracement of the recent rally. $2,800: Psychological support and a key structural level, reinforced by the 50-day SMA. Major Support (Downside Breach Scenario): $2,765–$2,780: Long-term trendline support from the 2024 lows. $2,735: Key swing low; a break below here could signal a deeper bearish trend. 🔹 Key Resistance Levels: Immediate Resistance: $2,900–$2,920: Key consolidation range high and near-term target for bullish momentum. $2,950: Previous week’s high and a critical barrier to further gains. Major Resistance (Upside Breakout Scenario): $2,975–$3,000: Psychological resistance and the upper bound of the bullish channel. $3,075: Fibonacci 127.2% extension and a potential breakout target. 🔹 Technical Scenario Breakdown: Bullish Case (Breakout): Trigger: Fed dovishness or USD weakness. Action: Break above $2,950 confirms bullish momentum. Targets: $2,975 (psychological level), then $3,075 (breakout extension). Bearish Case (Reversal): Trigger: Strong USD or risk-on sentiment. Action: Breakdown below $2,835 signals bearish shift. Targets: $2,800 (key support), then $2,765–$2,735 (trendline and swing low). Neutral/Range-Bound: Range: $2,835–$2,950. Action: Fade extremes (buy dips near $2,835, sell rallies near $2,950). 🔹 Price Action Drivers During the Week: U.S. Jobs Data (March 7): Weak NFP (<150k jobs) → USD sell-off → Gold rallies toward $2,950–$3,000. Strong NFP (>250k jobs) → USD strength → Gold tests $2,835–$2,800. Fed Commentary (March 5): Hawkish tone → Gold pressured below $2,835. Dovish tone → Rally toward $2,950+. Geopolitical Surprises: Escalations → Safe-haven surge → Gold breaches $2,975–$3,000. De-escalations → Profit-taking → Drop to $2,800. 🔹 Technical Tools to Monitor: RSI (14-day): Overbought above 70 indicates pullback risk; oversold below 30 signals potential rebound. MACD: Bullish crossover above the zero line strengthens upward bias. Volume: Confirm breakouts above $2,950 with rising volume. 📈 Summary: Support: $2,835–$2,850 (critical), $2,800 (structural), $2,765–$2,735 (trendline). Resistance: $2,900–$2,920 (immediate), $2,950 (key breakout), $2,975–$3,000 (psychological). Catalysts: U.S. data, Fed commentary, and geopolitical factors remain key drivers.
OANDA:XAUUSDLong
by realmillionairefx
2
GOLD TRADING POINT UPDATE > READ THE CHAPTIAN Buddy'S dear friend 👋 SMC Trading Signals Update 🗾🗺️ Gold Traders SMC-Trading Point update you on New technical analysis setup for Gold 🪙 Gold Traders Gold weekly Time Frame 🖼️ looking a good time for. Short Trade 😁. Also Goldman Sachs talk and 2025 if gold tast 3000$. Not for now weekly candle 🕯️ close below 👇 ⬇️ 2800 Next target 2538. Key Resistance level 2900 + 2956 Support level 2800 - 2782 - 2706 - 2538 Mr SMC Trading point Pales support boost 🚀 analysis follow)
FX:XAUUSDShort
by SMC-Trading-Point
Next week's gold trend trading strategy: Analysis of gold market trends: The gold market showed an extremely complex trend this week. Since the plunge from the high of $2,950 last week, the market has repeatedly fallen and rebounded. It is worth noting that the gold price in the US market bottomed out and rose sharply on Friday. The US market also rose sharply after Tuesday and Wednesday this week. The US market also rose slightly on Thursday, and the US market rose strongly again yesterday. In this series of fluctuations, each time the key position is touched, it can trigger a rebound to varying degrees, which fully demonstrates the tenacious resistance of the bulls. From the analysis of the market, the gold price experienced a sharp drop on Friday, and then rebounded strongly. The daily line finally closed with a medium-sized Yin line with a lower shadow of nearly 30 US dollars. In terms of the weekly line, it presents a large Yin line pattern, and a bearish engulfing pattern appears. A Yin line directly engulfs the previous two Yang lines, and successfully ends the nine-week continuous Yang trend. The monthly line is a medium Yang line, but the upper shadow is as long as 97 US dollars. At present, the prospect of the Russian-Ukrainian peace talks is overshadowed, and the subsequent trends have attracted much attention. This is also one of the important driving factors for the rise in gold prices at the end of Friday. Looking ahead to next week, the United States will release non-agricultural data, and the eurozone will also announce interest rate decisions. In addition, US manufacturing data and the Federal Reserve Beige Book will also be released one after another, all of which will have a significant impact on the gold market. After a sharp drop in gold this week, there is a need for a rebound correction in the short term. From the monthly line, the longer upper shadow line indicates that there may be a move to fill the upper shadow line in the early stage of the decline. The bearish engulfing pattern on the weekly line and the closing of the negative line after nine consecutive weeks of gains have significantly suppressed the bulls. However, the long lower shadow of the daily line on Friday shows that there is strong support below. On the 4-hour chart, after a short-term sharp drop, it has shown a serious oversold signal, so it is bound to usher in a rebound correction. The 5-day moving average and the 10-day moving average, which were originally used as support, have turned into pressure points for subsequent rebounds after being broken. It is expected that gold prices will face downward pressure again when they rebound and test these two moving averages. Taking all factors into consideration, the impact of Trump's tariffs has been basically digested. In the absence of new tariff news, the relevant tariff news is likely to be regarded as a factor that induces more buying. Next, the focus will be on whether there will be any new news from the U.S.-led Russia-Ukraine peace talks over the weekend, as well as the release of U.S. non-agricultural data. From a technical perspective, gold is expected to rebound before the $2835-2840 range is broken next week. If the Russia-Ukraine conflict does not deteriorate further, the overall trend of gold is expected to be mainly high and then fall, and the high-level short-selling strategy can continue to be adopted in terms of operation. However, it should be noted that if the situation between Russia and Ukraine deteriorates further, the market trend may change significantly. The upper resistance levels are $2880-2885, $2890-2895, and the 5-day moving average and the 10-day moving average; the lower support levels are $2835-2840, $2805-2810, and $2785-2770.
FOREXCOM:XAUUSD
by Caesar_Gorman1
Gold Declines as USD StrengthensGold ended today’s trading session fluctuating around $2,858, retreating further from its record high and marking a decline of over 200 pips by the session’s close. The drop came as the US dollar remained near its two-week high, following the latest inflation data aligning with expectations. This reinforced the Federal Reserve’s cautious stance on rate cuts, limiting gold’s upside momentum. Losses in the stock market exacerbated the downward pressure on gold, extending the sell-off that began after the metal hit a fresh all-time high earlier in the week. On Friday, US Personal Consumption Expenditures (PCE) Price Index data showed a 0.3% increase in January, in line with expectations, following an unchanged 0.3% rise in December. Despite the release, the report did not significantly impact Fed rate expectations, meaning it failed to provide a catalyst for a gold rebound.
OANDA:XAUUSDShort
by Bullback_FX
3
Gold XAUUSD Move 03-07 March 2025Technical Analysis & Trade Signal Market Overview: Current Price: Around 2,858.140 USD Trend Analysis: The price was in an uptrend but recently broke down, indicating a possible bearish reversal. A key support level was broken, which is now acting as resistance. Key Levels: Resistance Zones: Minor Resistance: 2,900 - 2,920 USD Strong Resistance: 2,960 USD Support Zone: 2,780 - 2,800 USD Trade Signal: 📉 Sell Signal: If the price retests the 2,900 - 2,920 USD resistance zone and rejects downward, enter a short trade targeting 2,800 USD. 📈 Buy Signal: If the price holds support around 2,780 - 2,800 USD and starts moving up, consider a long trade targeting 2,900 USD. 👉 Confirmation: Use additional indicators like RSI, MACD, and volume to confirm the trade setup before executing.
OANDA:XAUUSD
by Quinn901
XAUUSD H1 | Be arish ContinuationBased on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 2871, which is an overlap resistance close to the 50% Fibo resistance. Our take profit will be at 28050.48, a pullback support level. The stop loss will be placed at 2891/37, above the 61.8% Fibo retracement. 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
GOLD MARKET ANALYSIS AND COMMENTARY - [March 03 - March 07]OANDA:XAUUSD this week were under pressure to take profits. After opening this week at 2,934 USD/oz, gold prices rose to 2,956 USD/oz, but then continuously dropped to 2,832 USD/oz and closed the week at 2,858 USD/oz. Thus, gold prices this week dropped sharply after 8 consecutive weeks of increases. The reason why gold prices dropped sharply this week is because the USD continued to increase strongly compared to many other major currencies. Market sentiment changed slightly after the US announced the Personal Consumption Expenditure Index (PCE) for January 2025. Accordingly, PCE increased by 2.5% over the same period last year, thus down from 2.6% in December 2024 and in line with market expectations. Meanwhile, core PCE, excluding fluctuating food and energy prices, also increased 2.6% year-on-year, but down from 2.9% in December 2024 and in line with forecasts. Notably, in the recent meeting, US President Donald Trump and Ukrainian President Volodymyr Zelensky had many disagreements and could not reach any agreement to contribute to an early end to the war between Russia and Ukraine. This is a factor that may increase gold's role as a haven, but it is unlikely to push gold prices up sharply next week, perhaps just a slight recovery before adjusting again. There will be a lot of data released next week, but the US February non-farm payrolls (NFP) report will be of particular interest to investors. According to forecasts, NFP is expected to reach 156,000 jobs, compared to 143,000 jobs in January. If NFP reaches the forecast level, it will not affect the Fed's interest rate policy direction, unless NFP increases far beyond the threshold of 200,000 jobs. Therefore, NFP news is likely to have little impact on gold prices next week. In addition, investors will also pay attention to the European Central Bank's (ECB) monetary policy decision, which could have an impact on gold prices next week. The ECB is expected to cut interest rates again next week, which could partially support the USD, thereby negatively impacting gold prices next week. 🕹SOME DATA THAT MAY AFFECT GOLD PRICES NEXT WEEK: Next week, the market will focus on jobs data, with the US February non-farm payrolls report released on Friday morning. Other key economic events include the Eurozone FMCG and US ISM manufacturing PMI on Monday, the ADP jobs report and US ISM services PMI on Wednesday, and weekly unemployment data on Thursday. The other big event of the week is the European Central Bank's (ECB) monetary policy decision on Thursday, with many experts expecting the ECB to make another interest rate cut. 📌Technically, gold prices next week may continue to adjust, with the level of 2,790 USD/oz being an important support level. If next week's gold price stays above this level, it will increase slightly to 2,900 USD/oz. On the contrary, if gold prices fall below 2,790 USD/oz next week, there is a risk of a deeper correction. Notable technical levels are listed below. Support: 2,814 – 2,835USD Resistance: 2,900 – 2,868USD SELL XAUUSD PRICE 2951 - 2949⚡️ ↠↠ Stoploss 2955 BUY XAUUSD PRICE 2739 - 2741⚡️ ↠↠ Stoploss 2735
OANDA:XAUUSDShort
by Xayah_trading
BEARS ARE TRAPPED - $2990's SOONAs illustrated, Im visualizing a strong beginning to a historical bullish MARCH. On average in 15, 10, and 5 years, MARCH has been mostly bullish. To anticipate a bullish march, FEB must make sense and leave a few clues that could indicate a healthy setup for a potential buy opportunity. In this case, FEB made a natural correction toward the end of the month which makes total sense and it is completely appropriate and necessary to setup March for what COULD be next: A STRONG BULLISH MARCH that could potentially take the yellow metal to see $3,000 USD/Oz for its first time in history. The setup looks beautiful; with a bullish engulfing candle closing above previous candles, and such bounce having taken place below a major daily support and very near FEB's breaker block that served as a major support - trampoline level for the month (of February) to expand so strongly. Market has grabbed liquidity at a discount price level, below the 50% retracement of the expansive move of FEB; yet another positive sign of a potential continuation to the upside since: THE TREND IS YOUR FRIEND . I could be off in my timing by 1 week; maybe 2 AT MOST.. But there will be a continuation simply because the demand for gold just keeps rising with all the BS going on around the world + USA's insane tariffs THAT COME INTO EFFECT IN MARCH ... JOIN THE DOTS @!#$% ... -- GOOD LUCK!
OANDA:XAUUSDLong
by PersaGold