Why gold may—or may not—reach $3,060 next Gold is now up 15.57% in 2025 after gaining 27.2% in 2024.
If the current momentum continues, traders may target the upper parallel trendline near $3,060 and rising.
Safe-haven demand is a key driver of this rally, but what could disrupt it?
For one, U.S. President Donald Trump and Russian President Vladimir Putin spoke for 90 minutes today, agreeing on steps toward a peace deal in Ukraine, including a pause on attacks on energy infrastructure. However, Putin declined to accept a broader 30-day ceasefire proposed by U.S. and Ukrainian officials.
Metals
NEXT MOVE POSSIBLEHello everybody I hope you are doing well and you had a profitable trades during manipulation last week.
Today I'm here with an idea as you saw the marketing was running crazy last week.
flying since last week, breaks all the resistance and still making ATH and ATH.
Most of the people are still confused those who trades with support and resistance, They are still finding the zones for sell and buy but the market respects their support but not resistance still breaking the resistance and making all time high.
here is the point where gold can change the trend bullish into bearish. If price breaks 3041then gold can follow the same bullish trend, as I said gold can change the direction bullish into bearish yup its possible at the price 3040there is a sell liquidity if price hits their liquidity and breaks 3028 with strong candle gold can fall till 3000.
$XAUUSD | Gold - Nearing ExhaustionGold has seen a strong rally over the past week – technically impressive, but from a Risk-On perspective, it’s more of a warning sign. As I mentioned in my Nvidia market report, I don’t think the Risk-Off phase will last forever. But for now, I believe we’re not quite done with it yet.
From where I stand, Gold could push a bit higher. My next target is the 161.8% Fibonacci extension at $3,038, which I expect to act as a reaction level. After that, I’m targeting a drop back down into the $2,955 to $2,930 area – this is where I expect sub-wave ((iv)) to complete.
What happens next will depend on how price reacts within that zone. Ideally, we’ll see one final move up to complete sub-wave (v) or roman ((iii)), but where exactly that ends is still unclear – I’ll reassess as we approach the zone.
For now, Gold remains strong – but I believe it's nearing exhaustion.
GOLD ROUTE MAP UPDATEHey Everyone,
Another great day on the charts once again with our analysis playing out to perfection!!
After completing our 2993 Bullish target yesterday, we stated that we now have a ema5 lock above 2993 opening 3011. This target was hit today just like we said, followed with a further cross and lock above 3011 opening 3029, which was also hit today completing this range.
We now have a lock above 3029 opening 3049. We now need to keep in mind we have had no corrections from the last two days momentum. Failure to lock above the next level 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 - DONE
EMA5 CROSS AND LOCK ABOVE 3011 WILL OPEN THE FOLLOWING BULLISH TARGET
3029 - DONE
EMA5 CROSS AND LOCK ABOVE 3029 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
Why GBPJPY is Bullish?? Detailed technical and fundamentalsThe GBP/JPY pair has recently confirmed a bullish reversal by breaking out of a falling wedge pattern, aligning with our earlier analysis. Currently trading at 194.000, the pair is on track toward our target of 199.000.
Technically, the breakout from the falling wedge—a pattern typically indicative of bullish reversals—suggests increased buying momentum. This is further supported by the pair's ability to maintain levels above key resistance points, now acting as support. The next significant resistance is anticipated around the 195.000 level, a psychological barrier that, if surpassed, could pave the way toward our 199.000 target.
Fundamentally, the British pound has been bolstered by positive economic indicators, including robust GDP growth and a resilient labor market, enhancing investor confidence. Conversely, the Japanese yen has experienced depreciation due to the Bank of Japan's commitment to ultra-loose monetary policies, aiming to stimulate inflation and economic growth. This monetary policy divergence has contributed to the upward trajectory of GBP/JPY.
In conclusion, the confluence of technical and fundamental factors supports a bullish outlook for GBP/JPY. Traders should monitor upcoming economic releases and central bank communications, as these could impact market sentiment and price action. Maintaining a disciplined approach with appropriate risk management strategies is essential as the pair approaches the 199.000 target.
Gold Bullish to $3,030 (VIDEO UPDATE)As you remember from Saturday’s update I did say that Gold has surpassed $3,000, which opens up potential upside towards $3,030 - $3,060.
2 Scenario’s On How It’ll Play Out👇🏻
Scenario 1: Gold has a 3 Sub-Wave correction towards $2,964 - $2,940 (Wave 4), before buyers come in.
Scenario 2: Impulse move towards $3,030 carries on from CMP.
GOLD MARKET ANALYSIS AND COMMENTARY - [March 17 - March 21]Last week, the international OANDA:XAUUSD increased sharply, from 2,880 USD/oz to 3,005 USD/oz. Then, profit-taking pressure caused the gold price to drop to 2,978 USD/oz and closed the week at 2,986 USD/oz.
The reason for the sharp increase in gold prices in recent days is that US inflation figures (CPI, PPI) have decreased more sharply than expected, raising expectations that the FED will cut interest rates twice more this year.
In addition, concerns about US public debt have increased as the US Congress is unlikely to pass the Budget Bill, putting the US government at risk of a shutdown.
The FED meeting next week will play an important role in shaping expectations about the FED's interest rate policy. This could be the main driver for gold prices next week, given the inverse correlation between gold and the USD.
However, in recent comments, the FED Chairman has remained cautious about inflationary pressures due to concerns that the Trump administration's tariff policies will fuel inflation in the medium and long term. Therefore, it is possible that the FED Chairman will continue to maintain interest rates at current levels in the next meetings. If so, this will be a shock to gold prices next week, causing gold prices to fall next week.
🕹SOME DATA THAT MAY AFFECT GOLD PRICES NEXT WEEK:
This week is shaping up to be a volatile one for gold, with markets digesting a number of key economic releases.
Central banks continue to dominate the calendar, with the Bank of Japan announcing its interest rate decision on Tuesday, followed by the Federal Reserve on Wednesday and the Swiss National Bank and Bank of England on Thursday.
There are also a number of key US economic data releases, including Retail Sales and the Empire State Manufacturing Index on Monday, Housing Starts and Building Permits on Tuesday. On Thursday, markets will be watching the weekly Unemployment Report, Existing Home Sales and the Philadelphia Fed Manufacturing Survey.
📌Technically, in the short-term perspective on the H1 chart, gold prices next week may maintain their upward momentum to find the 161.8 fibo level around 3035. Or they may temporarily reduce and adjust around the Trendline at 2915.
Notable technical levels are listed below.
Support: 2,977 – 2,956 USD
Resistance: 3,000 – 3,021 USD
SELL XAUUSD PRICE 3036 - 3034⚡️
↠↠ Stoploss 3040
BUY XAUUSD PRICE 2914 - 2916⚡️
↠↠ Stoploss 2910
GOLD surges as geopolitical risks unexpectedly boost gainsOANDA:XAUUSD continued to rise in the short term, with gold prices just hitting a new all-time high of $3,014/oz.
As investors focused on US economic data, which raised concerns about an economic slowdown, and escalating tensions in the Middle East, the precious metal's appeal as a safe haven was highlighted.
Israel Strikes Hamas Targets Across Gaza, Killing Over 200
Israel said it carried out military airstrikes on Hamas targets in the Gaza Strip, a move that risks derailing a fragile ceasefire. Palestinians reported multiple airstrikes by Israel on various areas of the Gaza Strip. Traders were also looking at U.S. retail sales data, which showed a smaller-than-expected increase in February. Falling yields on 10-year U.S. Treasury notes also helped boost non-interest-bearing gold.
Israel has launched a series of airstrikes on the Gaza Strip as a nearly two-month-old ceasefire appeared to be rapidly unraveling, with Prime Minister Benjamin Netanyahu saying his government would “increase its military force” against Hamas.
Palestinians reported Israeli airstrikes in several areas of Gaza on Tuesday morning, and an Israeli statement confirmed the attacks took place across Gaza.
Hamas’ media office said on Tuesday that Israeli airstrikes on the Gaza Strip had killed more than 200 people.
The attack shattered a fragile ceasefire that had been suspended for 15 months in the war ravaging the Gaza Strip. It was the heaviest bombing since a ceasefire brokered by Egypt, Qatar and other countries took effect in January.
Technical Outlook Analysis OANDA:XAUUSD
After reaching and breaking the original price level which is also the bullish price target of 3,000 USD, gold is continuing to aim for the target level behind that, pay attention to readers last week at 3,021 USD in the short term, which is the location of the 0.50% Fibonacci extension level.
Meanwhile, the Relative Strength Index (RSI) is sloping up with a significant slope and has not completely moved above the overbought area, showing that momentum and room for growth is still ahead.
Next, the main trend and outlook remains bullish with price channels and mid- to short-term trend. The main support is seen by the EMA21.
As long as gold remains above the EMA21, it remains technically bullish, the current dips should only be considered as a short-term correction or a buying opportunity.
The following areas of interest will also be noted.
Support: $3,000 – $2,977
Resistance: $3,021 – $3,065
SELL XAUUSD PRICE 3036 - 3034⚡️
↠↠ Stoploss 3040
→Take Profit 1 3028
↨
→Take Profit 2 3022
BUY XAUUSD PRICE 2949 - 2951⚡️
↠↠ Stoploss 2945
→Take Profit 1 2957
↨
→Take Profit 2 2963
Gold Bullish to $3,030 (4H UPDATE)As per yesterday's video update I gave you all, I said Gold would push higher into $3,030. That target has now been hit!
Gold has pushed up strongly today, up 380 PIPS in less then a day. I'm waiting for bullish momentum to slow down as an indication that market structure will shift to bearish. I'll be keeping an eye on the smaller TF.
Gold bulls are going crazy, need to be careful at this time
Gold bulls are too crazy and there is no chance of a pullback. So when the market is too hot, you have to be careful. You need to be cautious when doing long positions at high levels, and beware of gold falling back after a surge and starting to make a sharp adjustment.So at this position I think shorting would be better
GOLD Will Collapse! SELL!
My dear followers,
I analysed this chart on GOLD and concluded the following:
The market is trading on 3025.8 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 3011.4
Safe Stop Loss - 3034.8
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
———————————
WISH YOU ALL LUCK
SPY/QQQ Plan Your Trade For 3-18-25 : Gap Reversal Counter-TrendFirst off, thank you for all the great comments and feedback. I really love hearing from TradingView subscribers and how my research is helping everyone find success.
Just recently, I received some DMs from viewers saying my research has been "dead on" - which is great.
One thing is for sure, the big move in Gold/Silver is just getting started.
Today's SPY Cycle Pattern is a Gap-Reversal in a Counter Trend mode. The long-term & short-term bias is currently BEARISH - so I believe the GAP Reversal will be to the upside.
Meaning, I suggest we start the day with a mild lower GAP - followed by a moderate price reversal in early trading, leading to a continued melt-up type of trend for the SPY/QQQ
Gold and Silver are likely to attempt to melt a bit higher into the TOP pattern for today. I believe this is just a temporary resistance level for metals.
Bitcoin is struggling to find upward momentum - but I believe BTCUSD still has a $3k-$5k rally left to reach the current Consolidation highs. We'll see if it breaks higher over the next 3-5 days before rolling over into a new downtrend.
Again, I really appreciate all of my followers and viewers. I want all of you to learn to see, read, and understand price action more clearly than ever before.
That's why I don't use any technical indicators on my chart. I want you to understand PRICE is the ultimate indicator.
Get some..
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
GOLD - Price can correct to support area and then continue growHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
A few moments ago price started to grow inside a rising channel, where it so long rose near support line and reached $2845 level.
Then Gold broke this level, exited from channel and started to trades inside flat, where it at once made retest.
After this movement, Gold started to grow and later grew to top part of flat, which coincided with $2955 level.
Price some time traded near this level and then corrected to support area, after which started to grow.
Gold rose to $2955 level and broke it, thereby exiting from flat too and then it continued to move up next.
Possibly, Gold can fall to the support area, correcting, and then continue to rise to $3040
If this post is useful to you, you can support me with like/boost and advice in comments❤️
HelenP. I Gold will continue to move up in upward channelHi folks today I'm prepared for you Gold analytics. Looking at the chart, we can see that the price entered the channel and began moving higher along the trend line. Soon, it climbed to Support 2, which aligned with the support zone, broke this level, retested it, and then continued its upward movement. Later, Gold reached Support 1, which also coincided with a support zone. Shortly after, it broke this level as well, reaching the resistance line of the channel before making a correction to another support zone. The price traded around this area for some time before making a corrective move below Support 1, even briefly breaking the trend line in a false breakout. However, it quickly resumed its upward movement within the channel. Gold then broke through Support 1 again, retested it, and rebounded from the support zone. Based on the current structure, I expect XAU/USD to make a corrective move toward the trend line before continuing its growth inside the upward channel. Given this scenario, my goal is set at 3070 points. If you like my analytics you may support me with your like/comment ❤️
Skeptic | XAU/USD Ready to Break Out? Key Long & Short Setups!Welcome back, guys! I’m Skeptic . Let’s kick off the week with an analysis of XAU/USD , which seems to be giving us a long trigger right now! Let’s break down the 1-hour time frame.
🔍 Market Overview:
The major trend on the daily is still uptrend , so it’s best to trade in the direction of the trend (long) . Last week, as per our analysis, we hit a new ATH and managed to break the resistance at 2954.74 .
📈 Current Situation:
After a brief consolidation in the 4-hour time frame, a new uptrend momentum seems to be kicking off, which could lead to another price surge and a potential new uptrend.
🚀 Long Setup:
Our riskier long trigger will be activated after breaking 2994.16 , and it looks like the current candle is about to break it.
For a safer position, we’ll wait for a breakout above 3002.71 .
📉 Short Setup:
A short position below 2968.43 could work, although the uptrend momentum is quite strong, so there’s a higher chance of hitting the stop loss .
💡 This week, we have plenty of setups, so make sure to catch all the analyses and stay prepared.
Until the next analysis—stay sharp and trade smart! 💪🔥
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
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!
SILVER BEARS WILL DOMINATE THE MARKET|SHORT
SILVER SIGNAL
Trade Direction: short
Entry Level: 3,408.6
Target Level: 3,244.3
Stop Loss: 3,517.4
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 12h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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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
GOLD → Consolidation Before the Next Rally? Targeting $3,025?Gold prices are currently consolidating within the $2,981 - $2,993 range. Despite recent strong gains, there are no clear reversal signals, and the ongoing consolidation near the upper boundary of the channel suggests a high probability of continued bullish momentum.
Although gold remains below its all-time high of $3,005, it is well-supported by several macroeconomic and geopolitical factors. Trade war concerns, escalating geopolitical tensions, and expectations of further Federal Reserve policy easing are all contributing to sustained demand for safe-haven assets. In particular, the escalating conflict between the U.S. and Yemen, rising tensions in Gaza, and potential negotiations between Trump and Putin are adding further bullish catalysts. Additionally, China’s stimulus measures continue to provide support to commodity markets, including gold.
Looking ahead, the upcoming U.S. retail sales data could influence the dollar’s trajectory and introduce further volatility in gold prices. However, investors are likely to remain cautious ahead of the Federal Reserve’s upcoming policy meeting, which could set the tone for the next major move.
Key Technical Levels
Resistance: $2,993, $3,008
Support: $2,891, $2,956
Given the ongoing consolidation in a broader uptrend, traders may consider two potential scenarios:
1)Breakout Confirmation: A break above $2,993, followed by consolidation, could signal further upside continuation toward new highs.
2)Liquidity Grab & Rebound: A potential false breakdown below $2,981, followed by renewed bullish momentum, could offer a buying opportunity for further upside.
Best regards, KevinSterling.