Gold (XAU/USD) 2H Analysis – Bearish Breakout Towards SupportThis is a technical analysis chart for Gold CFDs (XAU/USD) on a 2-hour timeframe from TradingView.
Key Observations:
Price Action & Structure:
The price is currently trading at $2,908.660.
It has recently broken below a consolidation zone (marked by the red rectangle).
The market is forming a bearish structure, suggesting potential further downside.
Support & Resistance Levels:
Resistance: Around $2,920.264, marked by the red zone.
Support: Around $2,886.513 - $2,880.449, marked by the green zone.
Indicators & Volume:
The VStop (Volatility Stop) is around $2,886.513, which aligns with a key support zone.
Volume is at 66.02K, suggesting moderate trading activity.
Trade Setup & Prediction:
Bearish Bias: The price is expected to continue dropping toward the $2,886.513 - $2,880.449 support range.
Potential Entry: A short trade could be taken around the current price, targeting the $2,880 level.
Stop Loss: Above $2,920 to manage risk.
Conclusion:
The market shows bearish momentum with a potential short trade opportunity targeting the $2,880 zone.
If the price fails to break below $2,886, a reversal or consolidation may occur.
Goldprediction
Market profits and losses fluctuate, and profits finally landHowever, with accurate judgment and reasonable decision-making, I closed the existing long positions in time to lock in profits when I arrived at the area. In the end, the overall result was still satisfactory profit. It was a victory in grasping the trend. Friends who followed me to do long positions in the 2880-2910 area many times, although they did not achieve the expected results, were still profitable overall. I earned more than 16k in this long position, which is a good trading result. It has been proven to be effective. Others are still waiting and watching, and I directly hit hard and did long gold many times. What if the market did not go completely according to the script? Relying on my years of market analysis and bold operations, I still made a lot of money, and my strength crushed the doubts! For trading strategies for subsequent markets, you can read my previous article. I hope to help everyone and provide you with a clear direction.
You can read bottom signals, interpret daily market trends, and share real-time strategies, so you no longer blindly follow the trend.
The medium- and long-term bullish trend of gold remains unchangeThe daily chart shows that the non-farm payroll data that was lower than expected has strengthened the market's expectation that the Fed will slow down the pace of interest rate hikes, pushing the gold price to form a staged bottom support. The current short-term moving averages (such as the 5-day and 10-day moving averages) tend to stick together and fail to effectively guide the direction, while the MACD indicator has entered a correction cycle, and it may be difficult to quickly expand the gains in the short term. In terms of operation strategy, it is recommended to adopt the idea of "pullback and long". If the gold price falls back to the 2890-2885 range, long orders can be arranged, and the target is above 2920. It should be noted that if the previous high point is not effectively broken through, it may trigger the risk of a second bottoming out. If the target area reaches the 2903-2905 area, we can close the existing long positions first and lock in profits in time. On the whole, although there is a certain adjustment pressure on the short-term technical side, the medium- and long-term bullish trend has not changed fundamentally. Geopolitical risks and expectations of a shift in the Fed's policy still provide solid support for gold prices.
You can read bottom signals, interpret daily market trends, and share real-time strategies, so you no longer blindly follow the trend.
GOLD sell target in new week As of March 9, 2025, gold is trading at approximately $2,919.80 per troy ounce.
Forecasts for the upcoming week (March 10–14, 2025) suggest a potential decline in gold prices. Predictions indicate that gold may reach around $2,789 on March 12 and $2,784 on March 13, with a slight rebound to $2,825 by March 14.
Technical analysis indicates that gold prices have experienced a slight decline recently, with spot gold falling by 0.1% to $2,892.00 per ounce on March 4, 2025.
Given these projections and technical insights, setting sell targets at $2,860 and $2,850 for the upcoming week aligns with the anticipated market trend. However, it's essential to consider that gold's long-term outlook remains bullish, with forecasts predicting prices could reach $3,265 in 2025 and $3,805 in 2026.
Please note that market conditions can change rapidly, and it's advisable to stay updated with the latest analyses and forecasts before making any trading decisions.
CHECK XAUUSD ANALYSIS SIGNAL UPDATE > GO AND READ THE CAPTAINThis chart is a gold (XAU/USD) trading setup on a 2-hour timeframe, showing a planned long (buy) trade. Let’s break down the important points:
Entry Zone: Around 2,898.530, as indicated by the current price level.
Stop Loss: Positioned at 2,890.000 — if the price falls to this level, the trade will be closed to limit losses.
Take Profit Targets:
Take Profit 1: Around 2,905.000
Take Profit 2: Around 2,910.000
Last Target: 2,912.000
FOLLOW RISK MANAGEMENT ✅
Gold Analysis March 10⭐️Fundamental analysis
The main reason for this weakness is the US dollar (USD) recovering slightly after hitting its lowest level since November. The USD's recovery was due to the market's reaction to the weaker-than-expected US jobs report, creating some pressure on the precious metal.
However, growing expectations that the US Federal Reserve (Fed) will conduct more interest rate cuts this year have pushed US Treasury yields lower. This could limit the USD's upside momentum, thereby helping gold prices avoid a deep correction.
In addition, concerns about the negative economic impact of former US President Donald Trump's trade tariff policies have also contributed to strengthening gold's safe-haven role. Therefore, investors may be more cautious before making a strong trading decision following the downtrend
⭐️Technical analysis
Gold price at the beginning of the week traded sideways in the range of 2899 and 2929, with the fluctuations at the beginning of the week, it is quite difficult for gold to break through this price range. If there is a break from the lower range, gold will find the next strong support zone of 2882. In the immediate future, pay attention to buying around 2899 when there are signs that the candle has not closed above this range. When breaking 2899, just wait to sell today
Trade Idea: XAUUSD Short ( SELL STOP )Technical Analysis:
1. Trend:
• All three timeframes (H1, M15, M3) show a clear downtrend.
• Price has broken key support levels and continues to make lower highs and lower lows.
2. Indicators:
• MACD: Bearish momentum is strong across all timeframes.
• RSI: All readings are below 40, signaling bearish momentum with room for further downside.
• OBV: Declining, suggesting distribution and strong selling pressure.
3. Key Levels:
• Support: 2868
• Resistance: 2900 (recent swing high)
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Fundamental Analysis:
• US Dollar Strength:
• Higher probability of hawkish Fed rhetoric or strong NFP data leading to more downside in gold.
• Rising Treasury yields could put further pressure on gold prices.
• Risk Sentiment:
• Stronger risk appetite (equities rallying) often leads to gold weakness.
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Trade Setup (Short Position):
• Entry: 2885
• Stop Loss (SL): 2905 (Above resistance)
• Take Profit (TP): 2845 (Next major support)
• Risk-Reward Ratio (RRR): 2:1
FUSIONMARKETS:XAUUSD
Gold is still expected to hit the 3,000 markFrom the analysis of gold trend, we focus on the 2880-2870 first-line support below and the 2930-35 first-line suppression above. In terms of operation, we still focus on stepping back and doing long. In the short term, we can continue to do long around this range. Once a breakout of 2930-2935 occurs, gold will inevitably touch the previous high, or even reach 3000.
The fluctuations in the gold market are like a long journey. It has not yet reached its peak, but please believe that every hibernation is for a more powerful take-off. Patiently hold, the harvest often belongs to those who can keep calm, hold on, and victory is ahead.
You can read bottom signals, interpret daily market trends, and share real-time strategies, so you no longer blindly follow the trend.
Gold forecast - long term Weekly - XAU/USD (Gold vs. US Dollar)
As shown, note the following:-
1. Price Action and Candlestick Patterns:
• The price has been in a strong upward trend but is showing signs of a pullback near a key resistance level.
• Consecutive red candles indicate a potential start of a price correction.
• The price is approaching a key resistance at 2989.813, with initial support at 2790.100 and stronger support at 2583.900.
2. Harmonic Pattern (Butterfly):
• A reversal harmonic pattern is visible on the chart, signaling a potential downward correction after a strong bullish move.
• The completion of this pattern increases the likelihood of a pullback toward the support levels mentioned.
3. Volume Indicator:
• There’s a noticeable decrease in trading volume despite the continued upward movement, reflecting weakening bullish momentum.
• A negative divergence between price and volume suggests a potential upcoming correction.
4. Relative Strength Index (RSI):
• The RSI reached overbought levels (above 70) and has started to decline, indicating possible profit-taking and a correction phase.
• A negative divergence between the price and the RSI supports the probability of a downward move.
As Future Outlook:
🔴 Bearish Scenario (Most Likely):
• A break below 2790.100 could open the way for a drop toward 2726.300 and then to 2583.900.
• Monitoring volume and RSI behavior is crucial to confirm continued downside movement.
🟢 Bullish Scenario (In Case of Breakout):
• A bullish Harami candle is clearly shown as breakout and weekly close above 2989.813 could push the price higher toward the 3100.000 level.
GOLD TRADING POINT UPDATE > READ THE CHAPTIANBuddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ Gold Traders SMC-Trading Point update you on New technical analysis setup for Gold 🪙 Gold Traders Gold 3 time frame 🖼️ looking FVG rejected point below 👇 2929+ 29209. Technical patterns). Weekly basis setup. )
Key Resistance level 2929 + 2957
Key Support level 2891 - 2848
2832
Mr SMC Trading point
Pales support boost 🚀 analysis follow)
Entry & Exit Plan for XAUUSD (Gold)🔹 Entry & Exit Plan for XAUUSD (Gold)
**📊 Scenario 1: Bullish Breakout (Buy Trade)**
👉 If price **breaks above 2925** with strong volume:
- **Entry:** Buy above **2926-2930** (confirmation)
- **Stop Loss:** **Below 2915** (to avoid false breakout)
- **Take Profit Targets:**
- 🎯 **First Target:** **2938-2940**
- 🎯 **Final Target:** **2950-2960** (if strong momentum)
- **Risk Management:** Move SL to breakeven after 2938
📌 **Confirmation:**
- Volume increase ✅
- Bullish candle close above resistance ✅
- Moving Averages support the trend ✅
---
#### **📉 Scenario 2: Bearish Breakdown (Sell Trade)**
👉 If price **drops below 2900** with strong volume:
- **Entry:** Sell below **2898-2895**
- **Stop Loss:** **Above 2908**
- **Take Profit Targets:**
- 🎯 **First Target:** **2880-2875**
- 🎯 **Final Target:** **2860-2850** (if strong downside momentum)
- **Risk Management:** Move SL to breakeven after 2880
📌 **Confirmation:**
- Strong bearish candle close below support ✅
- Volume increase on breakdown ✅
- Moving Averages turning bearish ✅
---
#### **⚠️ Extra Tips:**
✔️ If price stays between 2900-2925 → **Scalp the range**
✔️ Wait for confirmation before entering
✔️ Manage risk: **2% max per trade**
GOLD TRADING POINT UPDATE >READ THE CHPATIAN Buddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ Gold Traders SMC-Trading Point update you on New technical analysis setup for Gold 🪙 Gold Traders list time post signals Hit sucksfully My target point ) Now Gold making choch FVG level) FVG level 2897 + 2906 down 👇 👎 trend 📉 point below 👇 ⬇️ target point 2868- 2859 first. Hit sucksfully FVG level that take entry ☺️ 🥂 good luck 🤞
Key Resistance level 2897 + 2906
Key Support level 2868- 2859
Mr SMC Trading point
Pales support boost 🚀 analysis follow)
3.11 Analysis of gold short-term operation suggestionsOn Monday (March 10), the latest spot gold (XAU/USD) was quoted at $2915.01, up 0.10% on the day. In the Asian session, the gold price remained in a narrow range around $2914, but since 15:25 Beijing time, gold has fluctuated downward from $2915.39, reaching a low of $2896.73.
Fundamental analysis: The Fed's interest rate meeting is approaching, and the market is cautiously watching
At present, the gold market has entered a sideways consolidation phase, and investors are evaluating multiple factors, including the Fed's upcoming policy meeting on March 19 and the latest economic statements of US President Trump. In an interview with the media, Trump said that the US economy is in a "transition" stage, and the market has generally believed that the US economy is at risk of recession.
Market sentiment and capital flows: Short-term funds are cautious, and gold is still supported
Technical analysis: Long and short divergences are increasing, key support and resistance levels
From a technical perspective, the gold price is currently consolidating around $2890. The key resistance above is the intraday high of $2918.19, followed by the intraday R1 resistance of $2927 and the R2 resistance of $2945. If the gold price breaks through $2945, the market may challenge the historical high of $2956 set on February 24.
In terms of support below, the $2900 integer mark and the S1 support level of $2893 constitute double support. If it falls below this area, the gold price may test the S2 support level of $2878. Technical analysts believe that if Trump does not release additional tariff policy signals in the near future, market sentiment may gradually stabilize, and gold may pull back to the support range in the short term to accumulate power for subsequent gains.
Conclusion: Short-term consolidation, pay attention to the dynamics of the Federal Reserve
Overall, gold is currently maintaining a range of fluctuations, and the short-term trend is subject to the expectations of the Federal Reserve meeting and the uncertainty of the US economic outlook. Investors need to focus on the interest rate meeting on March 19 and the impact of the remarks of Federal Reserve officials on market sentiment in the coming weeks. In the current context, the market still tends to look for buying opportunities in pullbacks. If the gold price remains above $2,893, the bulls will still have a certain advantage.
Gold bullish trend signalFrom the 1-hour chart: Daylight saving time will be implemented today, and the US market will open one hour earlier; the current Asian and European sessions are still in a fierce sweep, falling sharply to the 2895 line, and then rebounding to 2915, at which time it began to decline again; for the consolidation with poor continuity, it is better to wait patiently for a relatively low or relatively high level to grasp the ups and downs. Everyone knows the operating range in the past few days, which is 2890-2930, and wait for stability; if it can continue to stabilize in the 2895-2890 area tonight, then continue to be bullish on dips; if it is still under pressure below 2930, then participate in bearish declines on rallies; another point, because it is a sweep and consolidation, it may pierce the key support, such as piercing 2895 or 2890 and then pulling back, and because the overall trend remains upward, breaking through 2930 is generally not likely to pierce, but directly continue to rush; on the whole, today's short-term operation strategy for gold is mainly to do more on pullbacks. The short-term focus on the upper side is the 2928-2930 resistance line, and the short-term focus on the lower side is the 2890-2894 support line. Go long in batches near 2895-2898, with the target near 2915-2920.
You can read bottom signals, interpret daily market trends, and share real-time strategies, so you no longer blindly follow the trend.
GOLD ROUTE MAP UPDATEHey Everyone,
We started the week with our Bearish target hit first at 2901, which gave multiple weighted level bounces of 30 pips plus. We were able to capitalise on these bounces, inline with our plans to buy dips.
We are now seeing price breakout of the 2901 Goldturn level and ema5 is about to lock. We will wait to confirm a lock for the continuation into the retracement level for further weighted level bounces. Failure to lock below 2901 will see a re-test back into the upper Goldturn.
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
2922
EMA5 CROSS AND LOCK ABOVE 2922 WILL OPEN THE FOLLOWING BULLISH TARGET
2947
EMA5 CROSS AND LOCK ABOVE 2947 WILL OPEN THE FOLLOWING BULLISH TARGET
2968
BEARISH TARGETS
2901 - DONE
EMA5 CROSS AND LOCK BELOW 2901 WILL OPEN THE FOLLOWING RETRACEMENT RANGE
2878 - 2851
EMA5 CROSS AND LOCK BELOW 2851 WILL OPEN THE SWING RANGE
SWING RANGE
2820 - 2796
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
3.11When will gold break out of its range?Will gold continue to adjust downward after the wash, or will it break upward after this period of consolidation?
1: Trump announced on the 7th that Russia launched a fierce attack on Ukraine. In order to encourage the two sides to sit down at the negotiating table for friendly negotiations, sanctions and tariffs will be imposed on Russia, including banks, until both sides are willing to stop the exchange of fire. This has increased the uncertainty of geopolitical risks, which will be a boost for gold.
2: Fed Chairman Powell reiterated at a press conference on Friday that the current US economic performance is relatively ideal, and the Fed does not intend to rush to cut interest rates next. As we all know, interest rate cuts will stimulate gold to rise, and slowing down the pace of interest rate cuts will form resistance for gold.
Since gold entered the adjustment on February 11, the repeated high-level roller coaster shock wash has been brewing for a month, and it is time to end. The gold price has repeatedly fluctuated around $2,900, and even the non-agricultural data failed to break the support of $2,890 and the pressure of $2,930.
As for gold, the focus is still on $2890 as the support point. As long as it is not lost here, it is still mainly based on reaching the bottom of the box. For players of physical gold, it is not recommended to repeatedly get on and off the gold when the funds are idle. It seems smart but will eventually miss it perfectly.
Trading strategy:
You can consider getting on the train within the range of 2900-2895, and defend below 2880 US dollars. The focus above is on the breakthrough of the 2920-30 pressure area.
Seize the opportunity to go long on goldTechnical indicators send strong signals, and the gold rising channel has been opened. At this moment, you should decisively go long and follow the trend, so that your wealth can ride on this wave of gold bull market and soar all the way.
You can read bottom signals, interpret daily market trends, and share real-time strategies, so you no longer blindly follow the trend.
RSI is oversold, suggesting a bottom-picking signalAlthough the unexpected cold non-farm data last Friday failed to push gold prices above the key resistance of $2,930, the logic of gold's rise has not been shaken - the five core supporting factors of global central banks' increased holdings, continued inflows of ETFs, surge in demand for physical gold, deepening of the U.S. debt crisis and excessive money supply are constantly consolidating the long-term bull market foundation of gold. From a technical perspective, the daily MACD maintains a golden cross and the energy column expands. The weekly big positive line has established a medium-term upward trend. 2,990 is only the first target, and 3,000 or even higher may become the new normal.
The short-term market is in a volatile adjustment, but this is a necessary accumulation stage for a healthy rise. The current gold price is repeatedly pulling back in the range of 2,918-2,890, which is essentially a process of digesting previous profit-taking and waiting for new catalytic events. If it can effectively stand firm at the key support of $2,890, it is expected to restart the upward trend and challenge the historical high. It is worth noting that against the backdrop of the continued rise in expectations of the Fed's interest rate cuts, the spillover of geopolitical conflict risks and high global inflation, the dual attributes of gold's "anti-inflation + safe-haven" will continue to attract capital inflows. The general trend is still mainly to go long after falling back to lows.
Gold strategy suggestion: continue to go long after falling back to around 2900-2910.
Gold Buy SignalHi guys,
Hope you are all doing great.
Here is the gold signal that we have provided. We want the 1hr candle to close above the entry, see some respect for the entry line, and then we can enter the trade
These trades are all about patience, and risk reward management. Here are the numbers.
📌 ENTRY : 2907.43
❌ SL : 2885.83
✔️ TP1 : 2927.76
✔️ TP2 : 2953.74
✔️ TP3 : 2986.48
Good luck, hope you earn lots of profit. Message me if you have any questions.
Sarah