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Gold Forecast: Key Levels Above $3,000Gold remains persistent in targeting its inverted head and shoulders pattern on the daily timeframe, eyeing the 3,040-resistance. However, monthly overbought conditions—seen in 2024, 2020, and 2011—raise caution for potential sharp reversals. • In 2011, an overbought RSI led to a nearly 900-point retracement • In 2020, a similar overbought condition resulted in a nearly 450-point decline • In November 2024, another overbought reading triggered a nearly 250-point drop • Now, gold has once again reached these overbought levels, raising caution for a potential momentum recharge. Key Events: 🔹Israel-Gaza tensions escalate as the 2-month ceasefire ends 🔹Trump and Putin negotiate a ceasefire with #Ukraine 🔹The US Dollar weakens amid trade war risks, with focus on Wednesday’s FOMC for the long-term outlook Key Levels: 🔺Above 3,040: The trend could extend to 3,080 🔻Below 3,040: A reversal may test 3,000, 2,955, 2,930, and 2,900 - Razan Hilal, CMT
FOREXCOM:XAUUSD
by FOREXcom
GOLD Is Very Bearish! Sell! Please, check our technical outlook for GOLD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 3,023.60. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 2,981.07 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. 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
1
XAUUSD: 18/3 Today's Market Analysis and StrategyGold technical analysis Daily chart resistance 3030-50, support below 2978 Four-hour chart resistance 3030, support below 3000 One-hour chart resistance 3020, support below 3006 Gold operation suggestions: Gold was consolidated at a high level yesterday, and rose straight after entering the breakthrough. The US dollar is weak, and gold is still strong in the short term, but the attached indicator has entered the top divergence area, and there is a need for adjustment, with the previous continuous increase in volume. The current rise is a slow rise, and the callback is a fast retracement. It is also a deep retracement. At this stage, it is most likely to misjudge the direction, and the fluctuation range will become larger and larger. Remember, sideways trading does not mean the end of the rise. Heavy volume will soon lead to a new high. Avoid chasing highs. From the current trend analysis, the lower support focuses on the one-hour level 3006 and the four-hour level 3000 line, focusing on the important support of the 2978 line. The retracement relies on this position to continue to be bullish, and the upper target still focuses on the new high. Before the daily level does not fall below the lower support, it still maintains a long-term transaction. Buy: 3006near SL: 3000 Buy: 3000near SL: 2995
TVC:GOLDLong
by ActuaryJ
Gold has not reached the top yet!Continue to buy today, rely on the 5-day moving average to enter the market, and rely on the 10-day moving average to continue to be bullish at the extreme position. From the perspective of the morphological structure, the upper trend line pressure is around 3036, and the 4-hour level market is consolidating at a high level! The high point of the daily chart continues to break through, which is an unstoppable rhythm. At the same time, the K line runs at a high level of 2990-3000. This is a sign of laying a solid foundation, sitting firmly at the bottom, and the moving average continues to run upward, which is also close to vertical upward. Wait for a decline to continue buying more! At present, gold is still bullish and strong. As long as there is a chance to fall back, we will buy it. It is easiest to trade with the trend. Key points: First support: 2993, second support: 2982, third support: 2968 First resistance: 3016, second resistance: 3028, third resistance: 3040 Operation ideas: Buy: 2988-2990, SL: 2981, TP: 3010-3020; Sell: 3016-3018, SL: 3027, TP: 2300-2990;
TVC:GOLDLong
by Jun-GoldAnalyst
Gold Surges Past $3,000 Amid Fed UncertaintyGold surged past $3,000, hitting a record high as safe-haven demand grew ahead of the Fed's rate decision. While rates are expected to remain unchanged, investors await economic projections and Powell’s remarks for policy clues amid trade tensions. Market jitters also rose after Trump warned Iran over Houthi rebel attacks and planned talks with Putin on ending the Ukraine war. Key resistance stands at $3045, with further levels at $3100 and $3,150. Support is at $3000, followed by $2,980 and $2,916.   
EIGHTCAP:XAUUSD
by ChartMage
Gold's Crazy Run: New All-Time High of 2994 - Reaching the TopFirst off, congratulations to those who entered a Buy order following yesterday's plan that I posted earlier. Gold is currently forming a small sideways range around the 2980-2990 area, and I believe there will be another upward push to grab liquidity from those entering SELL orders around this zone. This will create market panic, reaching a peak where no one dares to participate anymore. At that point, Gold will experience a strong correction. Therefore, today's Asian and European sessions will likely see a sideways range between 2980-2990, and the beginning of the US session will see an upward push to grab liquidity above the 3000 USD/oz level. The US session will then conclude with a price drop. If Gold's scenario plays out as expected, we can anticipate a profit-taking day from investors next Monday Thank you for your review, and I hope you'll stay longer by pressing Follow.
OANDA:XAUUSDLong
by RioNguyenCFD
Why gold remains strong: Latest on Ukraine and Yemen Gold remains in high demand as a safe-haven asset, currently trading at $2,998.7 per ounce. Why the need for a haven? Here’s an update: A ceasefire in Ukraine hinges on some unpalatable conditions. Donald Trump has announced plans to speak with Vladimir Putin on Tuesday, saying that land and power plants are part of the negotiations. Reports suggest his administration is considering recognising Crimea as Russian territory and may push for UN recognition. In the Middle East, the U.S. carried out military strikes over the weekend on Houthi-controlled areas in Yemen. The strikes came after the group threatened to resume attacks on Red Sea shipping. Trump has declared that Iran will be held directly responsible for “for every shot fired” by the Tehran-backed Houthi rebels. In response, the Houthis vowed to “respond to escalation with escalation.”.
BLACKBULL:XAUUSD
by BlackBull_Markets
THE KOG REPORT - UpdateEnd of day update from us here at KOG: Not a bad start to the week with the lower Red box support which was active holding price and giving the push up early session completing the first red box target. Since that we've experience accumulation and ranging which allowed us a short trade on the indicator and then a nice long to end the day, which is now protected and managed. We'll stick with the plan at the moment expecting a spike up with the first region being 3006 and above that 3010. Again, a bit high to even attempt a long as traders will want to see if we can hold above the 3000 level, until then, we'll look for the potential RIP. KOG’s bias for the week: Bearish below 2995 with targets below 2970, 2965, 2955 and below that 2950 Bullish on break of 2995 with targets above 3003, 3006, 3010, 3016 and above that 3020 RED BOXES: Break above 2995 for 2997✅, 3003, 3009, 3016 and 3021 in extension of the move Break below 2980 for 2975, 2971, 2965, 2959, 2955 and 2945 in extension of the move Short and simple this week, let’s see how the week plays out and remember, your risk model is there to protect you, use it, keep your losers small and your winners big! 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
13
GOLD ROUTE MAP UPDATEHey Everyone, Great start top the week with our chart idea already kicked off with our first Bullish target hit at 2993. We are now seeing a lock above 2993 opening 3011. Failure to lock above will follow with a rejection to find support at the lower Goldturns for bounce and then further cross and locks will confirm the next range for us. 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 2993 - DONE EMA5 CROSS AND LOCK ABOVE 2993 WILL OPEN THE FOLLOWING BULLISH TARGET 3011 EMA5 CROSS AND LOCK ABOVE 3011 WILL OPEN THE FOLLOWING BULLISH TARGET 3039 EMA5 CROSS AND LOCK ABOVE 3039 WILL OPEN THE FOLLOWING BULLISH TARGET 3049 EMA5 CROSS AND LOCK ABOVE 3049 WILL OPEN THE FOLLOWING BULLISH TARGET 3068 BEARISH TARGETS 2968 EMA5 CROSS AND LOCK BELOW 2968 WILL OPEN THE FOLLOWING BEARISH TARGET 2942 EMA5 CROSS AND LOCK BELOW 2942 WILL OPEN THE FOLLOWING BEARISH TARGET 2922 EMA5 CROSS AND LOCK BELOW 2922 WILL OPEN THE SWING RANGE SWING RANGE 2906 - 2886 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
23
Gold's Battle for $3,000Gold is currently trading at $2,996 per ounce, sitting in a phase of consolidation after recently touching the big $3,000 level. Over the last few sessions, the price has been bouncing between $2,985 and $3,005, showing that traders aren’t quite sure which way it’ll go next. This comes after an impressive rally where gold broke past $3,000 for the first time ever, fueled by trade tensions and talk of U.S. interest rate cuts making it a go-to safe-haven asset. But since it couldn’t hold above that milestone, the market seems to be taking a breather, waiting for something new, like economic news or global events, to push it one way or the other. Technical Levels and Indicators Looking at the 1-hour chart, gold is testing the upper edge of a descending channel, a pattern where the price has been making lower highs since its recent peak. Right now, it’s just below a key resistance at $3,000, which has been tough to crack, while $2,980 acts as a solid support level where buyers have stepped in before. The Relative Strength Index (RSI) is around 55, meaning momentum is neutral, not too hot or too cold. Meanwhile, the Moving Average Convergence Divergence (MACD) is showing a slight bullish signal, hinting that an upward move could be on the cards. Keep an eye out: a strong break above $3,005 could spark more buying, but a dip below $2,980 might mean a pullback is coming. Market Sentiment and Fundamentals Traders seem split on gold right now. Some are optimistic, pointing to ongoing global risks and central banks leaning toward looser policies, which could lift prices higher. Others are cautious after gold failed to stay above $3,000, with chatter on platforms suggesting a possible drop to $2,950 or even a bounce around $2,993 where big orders might be sitting. On the fundamental side, gold’s strength as a safe-haven shines when the economy feels shaky or inflation worries heat up. But watch out, a stronger U.S. dollar or hints of rising interest rates could put the brakes on gains. The next big economic report or geopolitical headline could be the trigger that decides gold’s next move.
FOREXCOM:XAUUSD
by MonoCoinSignal
Gold (XAU/USD) INTRADAY trading close to ATHThe Gold price action exhibits bullish sentiment, supported by the prevailing uptrend. The recent intraday price action indicates a phase of sideways consolidation near the previous resistance level. Key Levels to Watch: Key Support: 2960 (previous consolidation range) Immediate Resistance: 3000 Higher Resistance Levels: 3034, 3081 Downside Support Levels: 2909, 2883, 2830 Bullish Scenario: A corrective pullback toward the 2960 level, followed by a bullish bounce, could reaffirm the uptrend and target the immediate resistance at 3000. Sustained momentum could further drive the price towards 3034 and ultimately 3081 over the longer timeframe. Bearish Scenario: A confirmed breakdown below the 2960 support level, along with a daily close beneath this mark, would invalidate the bullish outlook. This could trigger a deeper retracement towards the next support levels at 2909, 2883, and 2830. Conclusion: While the overall sentiment remains bullish amid the prevailing uptrend, traders should closely watch the 2960 level for signs of bullish continuation or a potential bearish breakdown. A sustained close below this level would signal caution and shift the focus to lower support zones. 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