Gold shocks converge, trading strategy fully analyzedTechnical analysis of gold: Gold has slightly risen and fallen during the day, and the overall trend remains in a volatile trend. Gold is currently maintaining a narrow range of fluctuations on the daily trend, but the short-term moving average has gradually diverged downward, and there are signs of weakening in the short term on the daily line. The 4-hour level trend is temporarily maintained in a volatile state, and the price is temporarily compressed between 3010-3030. The short-term moving average continues to maintain a state close to adhesion and flattening, tending to maintain a volatile trend in the short term. It is necessary to pay attention to the continued downward trend after a small break in the 4-hour level trend. In the small-level cycle trend, after touching the previous support band, there are signs of stabilization again. Pay attention to the short-term adjustment.
Gold is about to explode in a big market. The obvious box-shaped oscillation triangle is converging, that is, it has become narrower, and the oscillation has lasted too long. If it can break through 3038 with consecutive positive lines, then today will basically continue a wave of pull-ups, so there is a high probability that the 4-hour middle track or the daily 5-day moving average will break. On the contrary, if the psychological barrier of 3000 is lost, the market may fall back to the support zone of 2971-2997 for correction. On the whole, today's short-term operation of gold suggests that callbacks should be the main focus, and rebound shorts should be supplemented. The top short-term focus is on the first-line resistance of 3030-3036, and the bottom short-term focus is on the first-line support of 3010-3012. Friends, you must keep up with the rhythm. Gold operation strategy: short gold rebound near 3028-3035, and go long on the pullback of 3015-3010.
Goldlong
breakout - gold price rebounds 3045⭐️GOLDEN INFORMATION:
Gold prices remained stagnant late in the North American session, constrained by a rebound in the US Dollar Index (DXY), which initially dipped to 104.18 before recovering. The turnaround came after the White House confirmed that President Donald Trump would unveil new automobile tariffs around 22:00 GMT. As of writing, XAU/USD is trading at $3,019, showing little change.
Despite reports from The Wall Street Journal suggesting that Trump may introduce limited tariff measures, including on automobiles, bullion traders struggled to find momentum. Meanwhile, the DXY, which measures the Greenback against a basket of six major currencies, climbed 0.32% to 104.55, further weighing on gold’s appeal.
⭐️Personal comments NOVA:
Gold price recovers, breakout of H1 frame. With the latest 25% car tax policy, gold price reacts strongly and increases again.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $3045 - $3047 SL $3052
TP1: $3038
TP2: $3030
TP3: $3020
🔥BUY GOLD zone: $3023 - $3021 SL $3016
TP1: $3030
TP2: $3040
TP3: $3057
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
Long Ahead of U.S. GDP AnnouncementGold could see bullish momentum as the U.S. GDP Growth Rate (QoQ Final) is set to be announced on March 27, 2025. The U.S. economy showed signs of slowing down in Q4 2024, with GDP growth dropping from 3.1% to 2.3%. If this downward trend continues due to actual recession fears and given the market conditions up to today, the report is unlikely to be a major downside surprise. However, it could still fuel expectations of Federal Reserve rate cuts, making gold a more attractive asset.
🔥 Why is this bullish for Gold?
✅ Potential Fed Rate Cuts:
A weaker-than-expected GDP reading would increase expectations for Fed rate cuts in the coming months.
Lower interest rates reduce the opportunity cost of holding gold, making it more attractive.
✅ Falling Real Yields:
Inflation remains at 2.3%, slightly above the Fed’s target.
If the Fed moves towards rate cuts, real yields (nominal rates minus inflation) will decline – a strong bullish factor for gold.
✅ Weaker U.S. Dollar Potential:
A weaker GDP print could weaken the U.S. dollar as traders price in lower rates.
Gold has an inverse correlation with the dollar: a weaker USD typically pushes gold higher.
✅ Safe-Haven Demand:
If economic growth continues to slow, investors may hedge with gold.
Increased demand as a safe-haven asset would further support gold prices.
A stronger-than-expected GDP report could delay Fed rate cuts, pressuring gold.
A strong U.S. dollar due to global risk-off sentiment could weigh on gold.
Short-term technical corrections could trigger temporary pullbacks.
Conclusion: Bullish Outlook for Gold Ahead of GDP Data
With slowing U.S. growth, potential rate cuts, and weaker real yields, gold remains a strong long opportunity ahead of the March 27 GDP announcement. Fundamental data supports an upward move, and the technical setup provides a clear entry strategy.
🎯 Gold remains in a uptrend – dips could offer buying opportunities!
🔎 Key Events to Watch:
U.S. GDP Growth Rate (QoQ Final) – March 27, 2025
Fed policy statements & economic projections
U.S. Dollar Index reaction to GDP data
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This is just my personal market idea and not financial advice! 📢 Trading gold and other financial instruments carries risks – only invest what you can afford to lose. Always do your own analysis, use solid risk management, and trade responsibly.
Good luck and safe trading! 🚀📊
How to break the position of gold as it narrows in shock?Technical analysis of gold: Gold has slightly risen and fallen during the day, and the overall trend remains in a volatile trend. Gold is currently maintaining a narrow range of fluctuations on the daily trend, but the short-term moving average has gradually diverged downward, and there are signs of weakening in the short term on the daily line. The 4-hour level trend is temporarily maintained in a volatile state, and the price is temporarily compressed between 3010-3030. The short-term moving average continues to maintain a state close to adhesion and flattening, tending to maintain a volatile trend in the short term. It is necessary to pay attention to the continued downward trend after a small break in the 4-hour level trend. In the small-level cycle trend, after touching the previous support band, there are signs of stabilization again. Pay attention to the short-term adjustment.
From the overall situation, gold is definitely in the bull market stage. At present, there is strong buying defense at the 3000 mark, and the "W" double bottom Zou shape has appeared below. If it successfully breaks through the 3035 watershed, it is expected to test the pressure near 3045 and the historical high of 3057. Now the low point of the callback begins to move up slowly, showing a small upward trend. First, we will overestimate and undervalue in the 3030-3010 range. We can see that the current gold trend is also narrowing. There is no problem with short-term shock operations, but pay attention to the breakout after continuous shocks. The daily cycle hovers around the angle of the short-term moving average. There is a choice of direction at any time. Follow the breakout. Overall, today's short-term operation strategy for gold is mainly long on callbacks, and short on rebounds. The short-term focus on the upper resistance of 3030-3036, and the short-term focus on the lower support of 3010-3012. Friends must keep up with the rhythm. Gold operation strategy reference: short gold rebounds near 3030-3034, with a target of 3020-3015, and long gold callbacks near 3010-3014, with a target of 3020-3025.
If your current gold operation is not ideal, I hope to help you avoid detours in your investment. The information I recently shared about the gold market has received a lot of feedback, and everyone said it was very helpful! If you don’t know when to enter the market, you can follow me 🌐, I will release specific signals in real time, remember to pay attention to the bottom 🌐 signal in time.
GOLD ROUTE MAP UPDATEHey Everyone,
Another great day on the markets today, allowing us to bounce between the Goldturns, inline with our plans to buy dips. Not much to report as we are seeing Gold range sideways consolidating ready for a breakout.
We still have the gap left open at 2999, which fell short by a few pips. We will continue to use the lower Goldturns to buy dips until we see the weighted levels cross and lock to confirm the next range. Failure to break 3032 will keep seeing rejections into the lower Goldturns for the bounces.
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
3032 - DONE
EMA5 CROSS AND LOCK ABOVE 3032 WILL OPEN THE FOLLOWING BULLISH TARGET
3050
EMA5 CROSS AND LOCK ABOVE 3050 WILL OPEN THE FOLLOWING BULLISH TARGET
3065
EMA5 CROSS AND LOCK ABOVE 3065 WILL OPEN THE FOLLOWING BULLISH TARGET
3080
EMA5 CROSS AND LOCK ABOVE 3080 WILL OPEN THE FOLLOWING BULLISH TARGET
3097
BEARISH TARGETS
3015 - DONE
EMA5 CROSS AND LOCK BELOW 3015 WILL OPEN THE FOLLOWING BEARISH TARGET
2999
EMA5 CROSS AND LOCK BELOW 2999 WILL OPEN THE FOLLOWING BEARISH TARGET
2978
EMA5 CROSS AND LOCK BELOW 2978 WILL OPEN THE SWING RANGE
SWING RANGE
2950 - 2927
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
Gold has been in a good range recently, which is perfect!Congratulations to everyone for realizing the range idea again。It should be noted here that since the bulls rose strongly in the early stage, the market turned to bearish, or the rhythm of bullish adjustment will not be so fast. Therefore, yesterday's daily line turned positive, not the return of bulls, but a correction in the process of decline. On the one hand, the adjustment of bulls is not enough, and the indicators show that there is still further exploration. On the other hand, although the current shock has rebounded, the strength is not strong and the continuity is poor. It is a shock upward trend and may fall at any time. Be cautious when looking at bullish. Only by matching the market and the time point can you get the correct direction. Trading focuses on ideas and planning, and doing yourself well is more important than anything else.If your current gold operation is not ideal, I hope to help you avoid detours in your investment. The information I recently shared about the gold market has received a lot of feedback, and everyone said it was very helpful! If you don’t know when to enter the market, you can follow me 🌐, I will release specific signals in real time, remember to pay attention to the bottom 🌐 signal in time.
Gold hourly line pattern chart;
Gold once touched the 3002 line to stabilize, and the daily line level fell back three times in a row. There is still room for decline in the short term. Pay attention to the obvious support of the 3000 mark below. If it does not break, it will still be a repeated trend. On the contrary, there will be a continuous decline. In terms of operation, continue to go short on the rebound! Operation suggestion: short at 3025-3030. The target is 3016-3010. On the contrary, if it falls back to 3010-3005, go long and the target is 3020-3025.
So amazing! Accurate again, follow-up strategyToday, the first wave of gold price retreated from around 3026 to around 3013 in the Asian session. The lower support is obviously moving up gradually. Yesterday's white session also started to rise from above 2310. The two retracements before the US session only reached 3014 before rebounding quickly. At present, the focus on the upper side is the suppression of 3030-35. The hourly line of gold is now oscillating in the range box. Only after gold breaks through the box, will the gold market appear. Gold hit the 3035 line on Tuesday, but gold quickly fell back after hitting the high. We actually shorted at the 3032 line. The perfect harvest was harvested after stepping back. Gold did not break through the 3030-35 line suppression we mentioned above. If it breaks through the 3035 line and stands firm, then the bulls will rise and hit a new high. Our operation of stepping back to do more ideas remains unchanged, but we should not chase more directly, otherwise the adjustment of stepping back will be more uncomfortable. Be a steady hunter and wait quietly for the appearance of prey.
From the 4-hour trend, the upper short-term resistance focuses on 3030-35, and the lower support focuses on 3000-3005. Relying on this range, the layout of the long and short oscillation range is maintained. In the middle position, watch more and move less and chase orders cautiously, and wait patiently for key points to enter the market. I will inform you of the specific operation strategy in time. Gold operation strategy: 1. Go long when gold falls back to 3010-3000. If the subsequent market breaks through the 3035-3040 resistance line, we will adjust whether to go short based on the technical and news aspects and notify everyone in time.If your current gold operation is not ideal, I hope to help you avoid detours in your investment. The information I recently shared about the gold market has received a lot of feedback, and everyone said it was very helpful! If you don’t know when to enter the market, you can follow me 🌐, I will release specific signals in real time, remember to pay attention to the bottom 🌐 signal in time.
Interval oscillation, opportunities are within your graspMy dear friends, the gold range idea has been fulfilled again. Do you still remember the batch shorting gold strategy we laid out before? Facts have proved that our vision and judgment are extremely accurate! At present, the gold price has successfully reached the target area. Congratulations to everyone for making a profit again. This wave of operations is simply beautiful. I am honored to be recognized and encouraged by everyone. We set sail on the road of trading. I will bring my trading strategy plan, and you will bring your execution discipline. I believe we will definitely have good results.
But investment is never a one-shot deal. The current profit is only a phased result. The gold market has always been turbulent, and the subsequent trend is full of uncertainty. The operation strategy plan can first refer to the unchanged range thinking method I mentioned earlier, the high-altitude and low-multiple operation strategy, and conduct in-depth technical and news analysis. Gold will temporarily maintain a volatile thinking approach. The large range focuses on 3035-3000, and is in horizontal consolidation. In the 4H cycle, the Bollinger Bands are also in a closed state, and the K-line is interlaced at the middle track. In the short-term sideways consolidation and accumulation stage, the operation relies on 3035 as the critical point of adjustment. Below this position, continue to look at the callback, recover and stabilize, and then adjust the thinking. Pay attention to the support of 3012 and 3000 below. Maintain high-altitude and low-multiple operations as a whole, and follow up after the breakthrough. The specific operation is combined with the short-term pattern. Once there is a new change, I will inform you as soon as possible. Operation suggestion: Gold is short near 3030-35, and the target is 3020 and 3015! It is long near 3010-3000. The target is 3015 and 3026!If your current gold operation is not ideal, I hope to help you avoid detours in your investment. The information I recently shared about the gold market has received a lot of feedback, and everyone said it was very helpful! If you don’t know when to enter the market, you can follow me 🌐, I will release specific signals in real time, remember to pay attention to the bottom 🌐 signal in time.
Golden Opportunities: Navigating the New Era of InvestmentFolks, we're witnessing something truly remarkable with XAUUSD. Gold's weekly uptrend is not just a blip on the radar; it's a beacon signaling a return to the fundamentals I've been harping on for ages. Recall my earlier insights? I pegged the long-term trend in Gold, and here we are, watching it soar. Trump's chatter about inflation and rates? It's like watching a chess game where each move by the Fed could be influenced by such rhetoric. The market, my friends, seems to be betting on this narrative, pricing in these potential shifts.
Now, let's not forget the basics. Historically, precious metals dance to the tune of real interest rates - those inflation-adjusted numbers. Sure, during times of market panic or geopolitical tension, Gold might get caught in the crossfire as either a collateral darling or a safe haven. But in these calmer waters, it's the real rates that dictate the dance. So, keep your eyes on the prize. Gold isn't just shining; it's setting the stage for what might be a golden era in investment. Watch, learn, and maybe, just maybe, enjoy the ride as we navigate these waters together. Stay vigilant, and may your investments be as golden as your opportunities.
Horban Brothers,
Alex Kostenich
Gold hit 3300 , why not ? The Conference Board (a non-profit research organization in the United States, specializing in providing reports and analysis on economic issues, jobs, labor markets and long-term trends) announced on Tuesday that the US consumer confidence index fell to 92.9, down from a revised 100 in February.
This data was weaker than expected, as economists had predicted a smaller decline, only falling to 94.2.
Société Générale (SocGen - a large multinational bank based in France) has just announced its multi-asset portfolio strategy for the second quarter. The bank still holds 7% of its portfolio in gold and forecasts that the price of gold could reach $4,000/ounce.
At 7%, gold remains the largest commodity position in SocGen’s portfolio. “Gold remains a strong asset amid the geopolitical reshaping of the US, which has triggered strong policy responses,” the analysts said.
Although gold prices are currently hovering above $3,000 an ounce, SocGen expects gold prices to continue to rise. The French bank forecasts gold prices to average around $3,300 an ounce in the fourth quarter.
Geopolitical uncertainty continues to support gold as an important global currency, the analysts said. They also pointed to conditions that could push prices to $4,000 an ounce.
Gold------Buy near 3013, target 3030-3040Gold market analysis:
Gold has been fluctuating this week, and daily buying and selling have begun to compete. I estimate that this week will fluctuate first, and the direction will begin in the second half of the week. Today has entered the end of the fluctuation. We will follow up with new ideas if it breaks through. The current large fluctuation range is 3000-3037. Yesterday, the daily line closed with a small positive, but the upper shadow line was relatively high. The daily line now has no obvious direction. The 5-day line and the 10-day line of the daily line have begun to merge. Today's Asian session will maintain a small range of fluctuations to treat both long and short opportunities. If it breaks through 3000-3037 at night, either side should actively follow. The current small fluctuations have not changed the buying trend of the large cycle, but the top is still very obvious.
In the Asian session, gold should first focus on the space between 3013 and 3035. If the Asian session falls back to 2013 first, look for buying opportunities. The low point of the Asian session is 3016. The support of the Asian session is around 3016-3013. The suppression position is the high point of yesterday. The volatile market must be controlled well, otherwise it is easy to get on the train midway and it is difficult to catch profits.
Support 3016-3013. Strong support 3000, suppression 3035-3037, the watershed of strength and weakness of the market is 3020.
Operation suggestion:
Gold------Buy near 3013, target 3030-3040
GOLD in a Bullish Flag – Breakout Incoming?OANDA:XAUUSD is undergoing a corrective move as it tests the lower boundary of the ascending channel, which serves as dynamic trendline support. The structure aligns with a bullish flag formation, indicating the potential for a continuation to the upside if buyers step in.
A successful rebound from this level could lead to a move toward the midline of the channel, with the next target at 3,100, aligning with the upper boundary of the channel. This scenario would preserve the broader bullish trend.
A confirmed breakdown below the trendline support, however, would invalidate the bullish outlook and open the door for further downside.
Monitoring candlestick patterns and volume at this critical zone is essential for identifying buying opportunities. Proper risk management is advised, always confirm your setups and trade with solid risk management.
If you have any thoughts on this setup or additional insights, drop them in the comments!
Go long and win, then go short on the reboundToday, the layout of gold is to go long in batches near 3005-3008, and 3020 is a successful profit. Now the rebound continues to go short.
In terms of the daily line structure, yesterday's rebound of gold first touched the pressure of the 5-day line, and then the market retreated to the vicinity of the 10-day line. The overall trend is in line with expectations, fluctuating within the daily average range, and the rhythm of rising first and then falling also increases the expectation of the continuation of the short-term market adjustment. The pressure of the 10-day line can continue to be paid attention to on the upper side of gold during the day, but the 10-day line has now moved down to the vicinity of 3027, and today's market opened near the 5-day line 3012. Combined with the trend of the hourly chart, gold fell again to the vicinity of 3000 overnight, indicating that the short-term trend still follows the technical trend, but the main sentiment of the market is still controlled by the bulls. If the fundamentals unexpectedly break out with good news, the bulls' sentiment may go crazy at any time. In the day, we can pay attention to the pressure near the short-term trend line 3025 on the upper side of gold, and continue to pay attention to the competition around 3005-00 on the lower side. If 3000 is lost, we will look for a larger space to retrace. If the market has been fluctuating above 3000 today, the risk of short-term market variables will increase.
For specific operations, it is recommended to be short at 3020-3025, and look at 3015-3005.
If your current gold operation is not ideal, I hope to help you avoid detours in your investment. The information I recently shared about the gold market has received a lot of feedback, and everyone said it was very helpful! If you don’t know when to enter the market, you can follow me 🌐, I will release specific signals in real time, remember to pay attention to the bottom 🌐 signal in time.
GoldCurrent Price: Gold is trading around $3,015.66 per ounce, reflecting a modest increase of 0.1%.
🔍 Technical Analysis
Support and Resistance Levels:
Support: The key psychological level at $3,000 has acted as a strong support, with prices stabilizing above this mark after a recent pullback.
Resistance: Immediate resistance is observed around $3,040, aligning with recent intraday highs.
Moving Averages:
The 50-period Simple Moving Average (SMA) has provided support, indicating a continuation of the bullish trend.
Stochastic Oscillator:
The Stochastic indicator shows positive signals after forming a divergence, suggesting potential upward momentum.
The opening situation is clear, practical guideGold news:
The rise of the US dollar index benefited from Trump's tariff policy. Just yesterday, Trump suddenly announced: a 25% tariff on the purchase of oil and natural gas from Venezuela, and claimed that individual tariffs would be reduced. The market's tense nerves were released, and the US dollar index rose sharply. As the end of the month approaches, the market needs to rebalance its investment portfolio, increase the allocation of US dollars to hedge against unknown risks, and push the US dollar to continue to rise. Yesterday, the market news was light. Today, the market will welcome the speech of Federal Reserve Board Governor Kugler on "Economic Outlook and Entrepreneurship". Immediately afterwards, New York Fed Williams will speak at a public event. In addition, there is the March Conference Board Consumer Confidence Index at 10 pm. The above events and data are concentrated in the evening tonight, which will have a certain impact on the market and need to be paid attention to. The price of gold has begun to retreat from its historical high, and the power of safe-haven buying has eased. This retreat momentum is expected to intensify further, especially in terms of technology.
Gold technical analysis:
Currently, the price of gold is running in a similar triangle range, and the correction cycle is prolonged. On the one hand, the bulls rebounded after the pressure, and it was difficult to return to the strong position directly; on the other hand, the retracement was supported by the key top and bottom conversion support belt of 3005-3000. This trading day focuses on the gains and losses below the low of 3000 at the end of last Friday, and the breakthrough below the 3030 pressure line above. If it fails to break through, it is likely to fluctuate around this range during the day.
Gold operation suggestions: short near the rebound of 3020-3025, long near the retracement of 3000-3005.
The two orders of gold on Monday were perfectly grasped, and now everyone has made a profit. The two orders on Monday ended perfectly. If your current gold operation is not ideal, I hope I can help you avoid detours in your investment. The information I recently shared about the gold market has received a lot of feedback, and everyone said it was very helpful! If you don’t know when to enter the market, you can follow me 🌐, I will release specific signals in real time, and remember to pay attention to the bottom 🌐 signal in time.
3000 is not broken, the rebound points to a new trendIn the current gold market, the downward trend is more obvious. However, it is noteworthy that gold has tested the key point of 3000 many times, and each time it breaks through, it is unstable. This fully shows that the defense above the 2995-2990 support area is extremely strong and difficult to be effectively broken in the short term.
Combined with the downward momentum observed in the 3000 point range, although it is in a downward trend, the possibility of a sharp decline is extremely small. Judging from the comprehensive judgment of technical analysis and market sentiment, gold will not only not continue to fall, but will most likely rebound. It is initially estimated that the rebound target will reach the area around 3015, and it is very likely to extend further to the area around 3025-3035. Let us look forward to the performance of gold together!
The content I shared recently about the gold market has received a lot of feedback, and everyone said it was very helpful!If you don’t know when to enter the market, you can follow me 🌐, I will release specific signals in real time, and remember to pay attention to the bottom 🌐 signal in time.
Bears maintain selling pressure, pressure below $3000⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) faces difficulty in securing strong momentum during Tuesday’s Asian session but remains above the key $3,000 level amid mixed market signals. The US Dollar (USD) sustains its recovery from a multi-month low, hovering near Monday’s three-week high. Additionally, improved risk sentiment—fueled by optimism surrounding a potential Russia-Ukraine peace deal, less disruptive US trade tariffs, and China’s stimulus measures—dampens demand for the safe-haven metal.
⭐️Personal comments NOVA:
Selling pressure from bears continues to cause gold prices to fall and sideways around 3000
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $3038 - $3040 SL $3045
TP1: $3030
TP2: $3020
TP3: $3010
🔥BUY GOLD zone: $2992 - $2994 SL $2987
TP1: $3000
TP2: $3008
TP3: $3018
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account